Here are the top 5 crypto news for the day!
Let's dive into the news headlines one by one and see how they'll be affecting the crypto space as we know it, in the coming days.
Devexperts has announced their partnership with GCEX to provide liquidity services on Tuesday. The integration was made due to an increase in liquidity demand within their brokerage client base, who can now access GCEX liquidity for both FX and Crypto.
Devexperts’ Vice President said “When you combine Devexperts’ trading platforms with the excellent liquidity GCEX provides, this creates a harmonious offering for all types of brokers covering FX and Crypto.”
GCEX’s liquidity offerings are in synchronize with the UK’s Financial Conduct Authority (FCA). Meanwhile, Devexperts penned inked deals with two Turkish financial firms namely, Osmanlı Yatırım and TEB Yatırım to provide trading infrastructure.
Binance is all set to launch its marketplace where users can create and trade NFT. Revealing its plans on Tuesday, the crypto-exchange mentioned that now users can buy and sell digital collector’s items popularly called as Non-Fungible Tokens.
Non Fungible Tokens are a type of digital asset that certifies the uniqueness of the virtual item, which is non-interchangeable. Statistics representing an increase in adoption of NFTs are reported by NonFungible.com.
Swissquote Bank Europe based in Luxembourg is now supporting Uniswap, Cardano, Filecoin, and Aava, and various other cryptocurrencies. Apart from crypto assets, the fly-regulated online bank offers exposure to various equities, mutual funds, ETFs, and a variety of fiat currencies.
Dave Sparvell, the CEO of Swissquote Bank Europe says:
“We expect to see clients both actively trade the volatile cryptocurrency markets, as well as diversify their existing portfolios of international stocks, ETFs and investment funds into this emerging asset class.”
Talking about the major benefits offered by Swissquote Bank Europe is deposit protection.
Gemini announced its latest partnership with MasterCard to launch a crypto credit card with rewards which offers a 3% of cashback in Bitcoin to the investors. Apart from MasterCard, the partnership also extends to Utah-based industrial bank – WebBank.
Gemini’s CEO, Tyler Winklevoss commented:
“As more customers look to enter the crypto ecosystem, the Gemini Credit Card gives them an easy point of entry and an effortless way to earn crypto as a reward without changing their daily spendings.”
It is promised by the exchange that the card will come with no annual fees. Incorporating 24/7 live customer support the exchange commits to “deliver a superior cardholder experience.”
This implies that the current Gemini user accounts would only need two-factor authentication.
Rumors are making rounds on the internet that social media giant Facebook might be holding Bitcoin on its balance sheet. CIO of the Atlanta Digital Currency Fund, Alistair Milne has made a recent revelation on social media that Facebook might actually be secretly investing in digital gold.
Though nothing has yet been officially confirmed, one can only speculate as Milne's single tweet has caused quite a stir in the crypto community. The official earnings report will be made public on April 28th which might settle the rustle for good.
But for now, if these rumors do turn out to be true. It might well become a new bull trigger for the Flagship crypto.
Follow cryptoknowmics for more such updates.