Saxo Bank’s crypto products rake in $2.5bn October 26, 2021 Online trading and investment platform Saxo Bank has announced booming intake from its crypto products amid surging demand. The bank’s turnover from crypto products exceeded $2.5bn (£1.8bn) for the year, leading the Danish online broker to increase position limits and add new crypto products in response to “exceptional” interest. Demand for the platform’s digital assets [...]
Indonesia a ‘crypto hotspot’ as engagement grows 1772 per cent October 26, 2021 Indonesia has seen surging interest in digital assets this year and ranks as the world’s top “crypto hotspot” according to research by Coinformant. In Indonesia online engagement has grown by 1,772 per cent this year as more people than ever before read articles and searched for information about digital assets. Annual search volume jumped by [...]
Mastercard partners with Bakkt to power crypto payments and rewards October 25, 2021 Mastercard has taken another stride into the crypto space by partnering with Bakkt, a digital assets payments platform. Mastercard will allow its US partners to issue branded crypto credit and debit cards powered by its payments network which will let consumers buy, sell and hold digital assets through custodial wallets supplied by Bakkt. Consumers will [...]
Shiba Inu coin price tumbles as Elon Musk admits he does not own any October 25, 2021 Shiba Inu coin looked like it was on course for the moon this week until a shock revelation by Elon Musk brought it crashing back down to Earth. Celebrity entrepreneur Elon Musk has confirmed that he does not own any SHIB causing its price to tumble by -11.4 per cent from its all time high of [...]
Exclusive: Valereum Blockchain makes bid to purchase the Gibraltar Stock Exchange October 25, 2021 A blockchain technology company wants to takeover the Gibraltar Stock Exchange (GSX) and allow investors to purchase securities using crypto. Valereum Blockchain has signed an option to purchase an 80 per cent stake in the GSX. If the offer wins approval from regulators Valereum will establish the world’s first fully regulated integrated fiat and digital [...]
Bitcoin price holds over $60k as S&P 500 climbs October 25, 2021 Bitcoin continues to hover at just below its all-time high after last week’s brief foray into the uncharted territory of $67k.
DSRPTD 2021 starts in Dubai today – and Crypto AM is there October 25, 2021 The much-anticipated DSRPTD 2021 kicks off Dubai later today, and Crypto AM's editor-at-large James Bowater will be there.
Nigeria launches eNaira amid worldwide interest in digital currency October 24, 2021 Nigeria has become the latest country to launch a digital currency backed by its central bank with the aim of improving its payments system. From tomorrow residents of Africa’s largest country by population will be able to make payments using the eNaira, a digital compliment to the country’s physical currency. The e-money will be backed [...]
Bitcoin and co take a breather as markets wait for US to wake up October 22, 2021 Bitcoin and its crypto cohorts took a well-earned breather yesterday, after a monumental push which saw huge lifts right across the board.
Nukkleus acquires stake in new Bitcoin ETF issuer Jacobi Asset Management October 22, 2021 Crypto payments specialist Nukkleus Inc (OTC: NUKK) has formally acquired a five per cent interest in Jacobi Asset Management Limited.