Today’s top headlines in the crypto roundup: Korea’s largest bank is working on a cryptoasset custody service, Coinbase Card expands to six more European nations and CryptoCompare teams up with Nasdaq on cryptoasset pricing product.

Once again Litecoin (LTC) has fared the best out of the top ten cryptoassets and is trading at $138, up 7.49% in the past 24 hours with a total volume of $1.88 billion. Litecoin’s halving event is estimated to take place on August 6th, 2019 and is thought to be the driving force behind LTC’s impressive rally: the altcoin is up 25% in the last 2 weeks.

At the time of writing, bitcoin (BTC) is trading at $7,969.7 (+0.33%) with a volume of $2.68 billion and ether (ETH) is trading at $248.9 (+0.82%) with a volume of $1.36 billion in the past 24 hours. The MVIS CryptoCompare Digital Assets 10 Index, it is currently tracking at 3,9437 (+0.92%).

Korea’s Largest Bank Working on Digital Asset Custody Solution

KB Kookmin Bank, the largest bank in South Korea, is preparing to enter the crypto custody space after having signed a strategic business agreement with blockchain startup Atomrigs Consulting. Both KB and Atomrigs will explore various other blockchain and crypto-related business opportunities moving forward.

The announcement is particularly notable, as it appears that KB has changed its stance on crypto. Joseph Young a journalist had this to say: “were reluctant towards providing crypto exchanges with banking services several years ago,”

Coinbase Card Now in Six More European Countries

Top-tier cryptocurrency exchange Coinbase is launching its Visa debit card in six more European countries, CNBC reported. The expansion follows a successful debut in the U.K. roughly two months ago.

Known as Coinbase Card, the solution allows Coinbase users to spend cryptocurrencies like bitcoin (BTC), ether (ETH), and litecoin (LTC) in stores and online at any merchant that accepts Visa. The Coinbase Card is now available in Spain, France, Germany, Ireland, Italy, and the Netherlands.

Regarding a would-be U.S. expansion for the card, Coinbase U.K.’s chief executive Zeeshan Feroz told CNBC the team “will be looking at all [its] key markets including the U.S.” For Coinbase to make the move, it firstly “needs to find the right banking partners,” the article explained.

CryptoCompare Partners with Nasdaq on Cryptocurrency Pricing Product

CryptoCompare is pleased to announce our strategic partnership with Nasdaq to launch a new cryptocurrency pricing product: ‘Nasdaq/CryptoCompare Aggregate Reference Prices’.

The product will be made available on the Nasdaq-owned platform Quandl, a solution self-described as a “premier source for financial, economic, and alternative datasets, serving investment professionals.” The data set – which is delivered daily with an intraday data frequency – covers more than 140 of the most of liquid cryptoasset trading pairs.

State of the Crypto by Top Tier Exchange Volume

Build your project with CoinDesk Data

Terms | Privacy

13 Charles II St, SW1Y 4QU

London, UK

This email may include advertisements by third parties. None of the advertised or promoted products and services have been verified or approved by us and this email is not any endorsement by us of the third party or of their products or services.