Categories
Daily Crypto News

March 18 Daily Report: Grayscale Adds Five New Crypto Investment Trusts, First Major U.S. Bank To Open Investments For Bitcoin, French retail giant will launch Tezos-based stable coin, Kyber Network (KNC) gains 40% and Visa Looking to Enable the Purchase of Bitcoin

In an internal memo distributed Wednesday, the investment bank has disclosed its launch of three funds that would enable bitcoin ownership to individual clients and help in crypto investment.

Share with Others

Grayscale Adds Five New Crypto Investment Trusts including One for Chainlink, Filecoin and Basic Attention Token

Grayscale Investments LLC. crypto asset management company has announced the launch of five new cryptocurrency investment trusts. The new trusts include Grayscale Livepeer Trust, Grayscale Filecoin Trust, Grayscale Decentraland Trust, Grayscale Chainlink Trust, and Grayscale Basic Attention Token Trust.

Morgan Stanley Becomes First Major U.S. Bank To Open Investments For Bitcoin

In an internal memo distributed Wednesday, the investment bank has disclosed its launch of three funds that would enable bitcoin ownership to individual clients and help in crypto investment. This is great news for the crypto community at large: a major financial institution, in particular a banking institution, is now accepting bitcoin as an emerging asset class.

French retail giant will launch Tezos-based stable coin

The new coin is named after a god in Irish mythology and will go by the ticker symbol EURL. Groupe Casino, a 120-year-old retail company headquartered in France, will reportedly be launching a stable coin pegged to the Euro. In addition, one of PwC’s former partners said it would be releasing a stable coin pegged to the New Zealand dollar early in 2021.

Kyber Network (KNC) gains 40% as its 3.0 network launch approaches

Excitement for the upcoming release of Kyber 3.0 is helping to boost KNC price by 40% as new governance features and lower Ethereum fees excite investors. One project that has continued to work on expanding the capabilities of its ecosystem is the Kyber Network (KNC), an on-chain liquidity protocol that aggregates liquidity from multiple sources to enable instant token swaps on any decentralized application (DApp).

Visa Looking to Enable the Purchase of Bitcoin on its Credentials, Says CEO Al Kelly

Visa CEO, Al Kelly revealed the company’s plans to enable the buying of bitcoin using its credit cards during his recent podcast with Fortune’s ‘Leadership Next’. Kelly explained that the company plans to do two things. Firstly, Visa plans to work with Bitcoin wallets to allow users to buy bitcoin on Visa credentials. Secondly, the company also wants to enable the bitcoin to fiat conversion feature, supporting bitcoin payments at over 70 million merchants.

5 Things to Consider Before Investing in Cryptocurrency

5 Things to Consider Before Investing in Cryptocurrency There is no question that cryptocurrencies have established a new investing sector. With the value of digital currencies such as Bitcoin over ...
Read More

Tax on Cryptocurrency In India – Complete Guide 2022

Wondering how taxation on crypto works in India? How much do you have to pay tax on cryptocurrency in India? How 1% TDS is levied on crypto? Don’t worry we ...
Read More

New Cryptocurrency Bill Advances to Senate in Brazil

A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if ...
Read More

USDC Sees Native Launch on Avalanche

USDC, the second leading stablecoin by market cap, has been launched on the Avalanche blockchain as a native token. Previously, users wanting to get USDC in Avalanche had to bridge ...
Read More

Crypto Lender Nexo Launches NFT Lending Desk, Loans up to 20% for Popular NFTs

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ...
Read More
Share with Others