Crypto Trading App Robinhood Adds Support for Ethereum Classic

Crypto Trading App Robinhood Adds Support for Ethereum Classic Commission-free crypto trading app Robinhood has listed Ethereum Classic(ETC), according to an official announcement Monday, Aug. 6. Robinhood customers can also invest in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE), as well as monitor market data for ten other cryptocurrencies. Currently available in 19 states of the U.S., Robinhood crypto trading app was launched in February, 2018, initially listing…

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Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions

Bloomberg: Goldman Sachs Plans ‘Crypto Custody’ Offering, Despite Bleak Market Predictions Goldman Sachs plans to “offer [clients] custody for crypto funds,” insider sources told Bloomberg August 6, as the investment bank says it remains “undecided” on its cryptocurrency plans. As the publication reports, Goldman, which in May first hinted it would trade Bitcoin futures, now aims to offer various products linked…

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WSJ: Organized Crypto ‘Trading Groups’ Manipulated Markets to Make $825 Million in 2018

WSJ: Organized Crypto ‘Trading Groups’ Manipulated Markets to Make $825 Million in 2018 Cryptocurrency price manipulation is largely conducted by organized “trading groups” using services such as Telegram, the Wall Street Journal claimed in a study released August 5. Unveiling the results of research into cryptocurrency markets, the WSJ suggested that coordinated “pump and dump” schemes have seen traders…

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Bitmain Confirms New Crypto Mining Facility in Texas

Bitmain Confirms New Crypto Mining Facility in Texas Bitcoin mining hardware giant Bitmain is officially setting up shop in Rockdale, Texas, and expects to launch mining operations early next year. The firm confirmed Monday that it is investing $500 million over the next seven years into a new blockchain data center in the U.S. state as part…

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