Coinbase Pro Adds Support for Stellar Lumens

Coinbase Pro, the professional offering of United States-based crypto exchange and wallet service Coinbase, has announced support for Stellar Lumens (XLM) in a blog post on March 13. Per the post, Coinbase Pro will now accept deposits of XLM for around 12 hours before enabling full trading. Coinbase notes that after establishing sufficient supply of XLM, it will open trading pairs in U.S. dollars, euro and Bitcoin (BTC) in phases. XLM trading will go through three stages before enabling full trading, including limit, market and stop orders. The stages involve…

Digital Currency Wallet Abra Adds Direct Support for ETH Instead of as Asset Derivative

Digital currency wallet and exchange Abra has launched native Ethereum (ETH) support, according to an official blog post published on March 12. Users will now be able to receive, hold, sell and buy ETH directly from the Abra wallet, as well as use the altcoin as an on-ramp to invest in other Abra-listed crypto and fiat currencies — over 30 crypto assets and 50 fiat currencies. These include Abra’s recently-listed BIT10 Index token, which tracks the ten largest cryptocurrencies by market capitalization. As the Abra blog post outlines, up until…

Crypto Markets Are Trading Sideways, Bitcoin Holds $3,900 Support

Tuesday, March 12 — crypto markets are trading sideways, with total market cap hovering between $133–$134 billion, and Bitcoin (BTC) holding $3,900 for the most part of the day. The top 20 cryptocurrencies by market cap are seeing mixed signals, with losses not exceeding 1.1 percent, while some coins have seen a growth of over 3 percent over 24 hours at press time. Market visualization from Coin360 Bitcoin is trading at $3,912 at press time, up around 0.3 percent over the past 24 hours. The biggest cryptocurrency surged to as…

Ripple’s Xpring and Forte Establish $100 Mln Fund to Support Blockchain in Gaming

Ripple’s developer ecosystem project Xpring and game industry blockchain platform Forte have jointly established a $100 million fund to support game developers. The news was announced in a press release published on March 12. The initiative is designed to bolster the mass adoption of blockchain technology in the game industry through the increase of engagement and monetization with players. Forte is reportedly targeting game developers running live games economies with more than 50,000 daily active users and an interest in blockchain deployment. Brett Seyler, Chief Platform Officer at Forte said:…

Binance’s Official Crypto Wallet Adds Support for XRP and Credit Card Purchases

The official wallet of leading cryptocurrency exchange Binance, Trust Wallet, has added support for credit card purchases and Ripple’s XRP token. The company announced the new features in a press release shared with Cointelegraph on March 12. Trust Wallet was acquired by Binance in July of last year in the exchange’s first public acquisition. According to the press release, users can now send, receive, store and exchange XRP via Trust Wallet. According to the wallet’s official website, Trust Wallet also supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash…

Binance’s Trust Wallet Adds Support for XRP, Credit Card Payments

Cryptocurrency exchange Binance’s official wallet, Trust Wallet, now lets users buy cryptos with credit cards. The new payment option is being offered in partnership with Israel-based payments processor Simplex, according to an announcement from Binance on Tuesday. At the same time, the exchange said, Trust Wallet is adding support for XRP, the third largest cryptocurrency by market capitalization. Trust Wallet users can now, therefore, purchase XRP, bitcoin (BTC), bitcoin cash (BCH), litecoin (LTC) and ether (ETH) with “major” credit and debit cards. The announcement did not specify which cards are…

Ripple Price Analysis: XRP Buyers To Defend Key $0.3000 Support?

Ripple price failed to recover and extended losses below the $0.3100 support against the US dollar. The price settled below the $0.3100 support and the 100 hourly simple moving average. Yesterday’s major contracting triangle was breached with support at $0.3095 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could decline towards the $0.3000 support where buyers are likely to emerge. Ripple price is grinding lower towards key supports against the US Dollar and bitcoin. XRP/USD is likely to find a strong buying interest near…

Fidelity Digital Assets | Taking Its Time Evaluating Ethereum Support

Earlier in the year, Fidelity Investments launched its arm dedicated to cryptocurrencies. Called Fidelity Digital Assets (FDAS), the branch trades in and takes custody of digital assets. Now, according to FDAS President Tom Jessop, the platform will take its time adding support for Ethereum. Fidelity Digital Assets The platform currently has support for Bitcoin and is still evaluating what cryptocurrencies may be added in the future. Where Ethereum is concerned, the executive has expressed that the company is biding time: “We’d love to have support [for] ether but you know…

Cryptocurrency Exchange Huobi Adds XRP Support to its OTC Trading Platform

The peer-to-peer (p2p), over-the-counter (OTC) branch of Chinese cryptocurrency exchange Huobi has added support for Ripple (XRP). The company announced the news in a press release shared with Cointelegraph on March 6. XRP joins Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Eos (EOS) and Huobi Token (HT) in the list of assets supported by Huobi’s OTC trading platform. According to the company’s website, Huobi OTC aims to offer an exchange bridge between fiat currencies and digital assets. Specifically, the platform serves as an escrow to users who post buy or sell…

Crypto Lending Company BlockFi Launches Crypto Accounts With Bitcoin, Ethereum Support

Crypto wealth management and lending company BlockFi has launched new cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC) bearing 6 percent annual interest paid monthly in crypto. The company announced the launch through a post published on its website on March 4. In July last year, crypto-focused merchant bank Galaxy Digital led a $52.5 million fundraising round for BlockFi. Furthermore, according to the March announcement, interest earned in BlockFi’s interest accounts compounds monthly resulting in an annual percentage yield of 6.2 percent. The accounts also reportedly are not entirely new,…