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Monday, May 18, 2020

CryptoCurrency News: Bakkt Announces New Insurance Coverage, Claims More Than 70 Custody Clients



Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.

via CoinDesk

CryptoCurrency News: First Mover: Bitcoin Rally Sends Message to Capitalists as Despair on Wall Street Grows



Bitcoin's recent price rally and industry optimism contrast with the downbeat tone in the U.S. stock market. Even Visa's CEO says digital currencies could be "additive to the payments ecosystem."

via CoinDesk

CryptoCurrency News: Bitcoin Battles for $10K as Gold Prints Over 7-Year High



Bitcoin's upward move looks to have stalled amid gold's rally to 7.5-year highs. But analysts think it's only a matter of time before bitcoin begins drawing stronger haven demand.

via CoinDesk

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