Coinbase Pro Has Good and Bad News Regarding Fees for Traders

Coinbase Pro is changing its fee structure later this week, with bottom tier traders seeing a hike and higher value clients paying less. The San Francisco-based cryptocurrency exchange announced the news in a blog post on Friday, saying that, starting March 22, market makers and takers who fall under the pricing tier of up to $100,000 will be subject to total fees of 0.40 percent, as compared to up to 0.30 percent (taker only) currently. The $100,000 to $1 million tier will stay with the current total fee of 0.30 percent,…

Bitcoin News Summary – March 18, 2019

Here’s what happened this week in Bitcoin in 99 seconds.    Some disappointing news came out when Samsung revealed that the hardware wallet on their newly-released S10 phone will only support Ethereum, ERC20 tokens, and four dApps. It appears that Samsung will upgrade the wallet to also support Bitcoin and further altcoins in the future. Chinese ASIC producer, Canaan Creative, has raised several hundred million Dollars in funding. The firm’s valuation is now placed at over $1 billion. Although details are scarce, it is assumed the majority of the…

Crypto News | SEC Rules ETH NOT Security; Binance Adds XRP

The cryptocurrency market is making a comeback this week, after closing out last week in the red. Crypto news was pretty slow last week, but it has picked up a bit today. This morning, CoinCenter released news that the SEC Chairman confirmed that ETH is not ruled as a security by the regulator. In addition to this big news, Binance announced it has added XRP and credit card payment support to its Trust Wallet app. Let’s get into it! Jay Clayton Rules ETH a “Non-Security” When investors began taking notice of…

Bitcoin News Summary – March 11, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Following the hashtag “DeleteCoinbase” campaign we reported on last week, the exchange announced on Monday that it will it fire all former the Hacking Team members it hired recently. These members were involved in selling malware to governments prior to starting a blockchain analytics company, which Coinbase acquired. Contributing to Binance Coin’s rise, Binance exchange announced that Argentina’s government will match investments into a blockchain accelerator program run by Binance Labs. It’s a sign of the state’s positive approach to…

Crypto News | OKEx Lists TRON and IBM Adds Two Blockchain Patents

In today’s edition of crypto news, we’ll cover OKEX’s latest addition to its customer-to-customer platform and IBM’s new blockchain patents. Crypto news has been a bit slow this week, in regards to big announcements but the two we’ll discuss today should give investors some confidence going into the weekend. OKEx Adds TRON (TRX) to C2C Platform OKEx, the world’s fourth-largest cryptocurrency exchange by 24-hour trade volume, announced the addition of TRON (TRX) to its Customer-to-Customer platform on Wednesday. Tron (TRX) is now available on our C2C market! Deposit/Trade in our C2C market…

Crypto News | Huobi Adds XRP and IBM Releases X-Force Red

Crypto news has been fairly slow this week, minus a few major announcements. Huobi Global just announced support for XRP. Another piece of news that should excite investors is IBM releasing its new X-Force Red. Huobi Adds XRP to OTC Trading Desk #Huobi OTC #announcement is now here!$XRP @Ripple will launch on #Huobi #OTC at 10:00 6 March.Details here: https://t.co/BsBc3KEN37 @bgarlinghouse #Ripple pic.twitter.com/cpCZjG0Cmv — HuobiGlobal (@HuobiGlobal) March 5, 2019 Yesterday, Huobi released word that XRP would launch on its OTC platform today, making this the biggest piece of crypto news…

Bitcoin News Summary – March 4, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  A critical bug was exposed for the Coinomi desktop wallet. The bug states that if you’ve imported a seed phrase into the wallet, that seed was actually sent to Google for spelling check. A seed phrase should NEVER leave the wallet and this issue may put Coinomi desktop users at risk. Bitfinex announced that the US government has returned 27.6 bitcoins which were part of the nearly 120,000 bitcoins stolen from the exchange in August of 2016. The action…

Crypto News | Elon Musk Talks Bitcoin and Binance Expands

The cryptocurrency market had quite the shakeup last week, causing a spike in most digital currencies. On Valentine’s Day, six days ago, JP Morgan announced that it would launch a test for its new JPM coin. This was the biggest crypto news to surface in quite some time. Now, digital currencies seem to have corrected, and most are trading red today. In today’s crypto news, we’ll discuss Elon Musk’s interview and the details behind him calling Bitcoin “quite brilliant.” Also, we’ll look into Binance’s new testnet they just released. Crypto News:…

Bitcoin News Summary – February 18, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Morgan Creek Digital’s new crypto venture capital fund received investment from Virginian pension plans. The fund has raised $40 million, most of which for investment in promising crypto companies, though some portion will also be allocated to Bitcoin. A series of tweets by Wikileaks denounced Craig Wright, the self-proclaimed inventor of Bitcoin, as a “serial fabricator.” Wikileaks also presented documents which they say Wright forged to support his claim to be Satoshi Nakamoto. US bank, JP Morgan Chase &…

Bitcoin News Summary – February 11, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Major US exchange, Kraken, reported that it’s raised $100 million in investment from its own “whale” clients. The exchange also disclosed the acquisition of Crypto Facilities, a UK firm focused on derivatives. This news suggests that crypto futures will be coming to Kraken. Blockstream revealed their new Proof of Reserves tool. The tool provides a safe and standardized way for crypto exchanges and services to prove the existence of their Bitcoin reserves. An Iranian company, with backing from four…