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Wall Street Powerhouse grabs Bitcoin Fortune, Plus Ripple and XRP, Tron, Stellar, Ethereum, Litecoin, Cardano: Crypto News Flash

From a massive storage of Bitcoin to the adoption of Ripple and Bitcoin One of the world's largest crypto operators…

From a massive storage of Bitcoin to the adoption of Ripple and

Bitcoin

One of the world’s largest crypto operators has accumulated a lot of Bitcoin wealth.

Grayscale Investments now owns more than 1% of the total supply of Bitcoin for its institutional investor clientele, according to a new Diar report. It contributes to more than 200,000 BTC.

In July, the company reported that the investment rate in Grayscale products hit record levels. Despite the bear market, the company’s record rose 330 million dollars, most in its five-year history. However, the market decline has led to the fact that shares in Bitcoin Investment Trust drop 80% from their full-time levels since the recent major Bitcoin rally.

Ripple and XRP

Ripples vice president of product management Asheesh Birla says that crypto curves like XRP leave traditional payment technology that was constructed more than 60 years ago in the dust.

In a new interview with PC Magazine, Birla says, in particular, Southeast Asia, “going from cash to digital via mobile payment on a crazy clip. So these countries now say we’re going to build a modern financial product.” We’re not going to use 1950 speech technique or SWIFT technology. We will use blockchain. “

Altcoin Expansion

The San Francisco-based crypto exchange, Bittrex, launched only crypto-to-fiat trade in Texas for a long list of crypto courses.

Bittrex now offers USD trading of 33 states for Bitcoin, Ethereum, XRP, Cardano, Tron, Litecoin, Zcash, Ethereum Classic, TrueUSD, Bitcoin Cash, Tether and Siacoin.

Coinbase Pro

Coinbase Pro also expands, with four new crypto courses now available for trading.

The platform featured Ethereum-based ERC20 tokens Civic (CVC), district0x (DNT), Loom Network (LOOM) and Decentraland (MANA).

“Our decision to add ERC20 tokens first is based on the relative way of integrating the standard with our existing infrastructure, especially from a security point of view.”

The message follows the news that Coinbase is considering the addition of 31 crypto courses on its encryption yield.

Stellar [19659004] BitGo only launched support for Stellar (XLM) in its signature with multiple signatures. The new addition gives the total number of cryptographic curves supported on the wallet to 115.

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Limitation of Liability: Opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making any high risk investments in Bitcoin, cryptocurrency or digital assets. Please be aware that your transfers and transactions are at your own risk, and any losses that you may incur are your responsibility. Daily Hodl does not recommend buying or selling any cryptographic or digital assets, and The Daily Hodl is not an investment advisor. Note that The Daily Hodl is participating in affiliate marketing.

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