SBI Securities’ trading revenue surged 19% in 2019 due to the inclusion of SBI VC Trade crypto affiliate in July, SBI Holdings says. SBI Securities’ trading revenue surged 19.2% in 2019, largely due to the inclusion of the company’s crypto investment wing, which turned a $7.1 million loss into a $30 million profit over the […]
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Security token platform Harbor has just received a transfer agent license from the U.S. Securities and Exchange Commission. Harbor, the digital platform for alternative assets, has received a transfer agent license from the United States Securities and Exchange Commission (SEC). On Oct. 31, Harbor CEO Joshua Stein told the Block that his blockchain-enabled platform is […]
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In a first since China’s crypto ban of 2017, Binance may be planning to open an office on the Chinese mainland. Major crypto exchange Binance may be returning to China, with a planned office to open in Beijing, sources say. Binance in exile Binance, which left China in September 2017 in response to the country’s […]
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The price of Bitcoin is holding above the $9,100 price mark as the market is mostly trading sideways today. Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the […]
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Alternative use cases for a blockchain, existing alternatives to proof-of-work, and a case for why we need new consensus mechanisms. The Bitcoin white paper was published 11 years ago today, on Oct. 31, 2008, meaning that Bitcoin (BTC) is celebrating its 11th year of existence. From its humble beginnings to over a $300 billion market […]
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Bitcoin is the third most-used online payment method in Italy, ahead of traditional credit cards like Visa, Mastercard and American Express. According to new data from marketing analysis firm SEMRush, Bitcoin (BTC) is the third-most preferred online payment method in Italy. Bitcoin comes in third place On Oct. 31, the Italian news outlet La Stampa […]
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The U.S. SEC and CFTC have both filed and settled charges against Switzerland-based securities dealer XBT Corp. SARL. The United States Securities and Exchange Commission (SEC) has filed charges against XBT Corp. SARL on the same day that the Commodity Futures Trading Commission (CFTC) settles charges against the same company. SEC allegations In a press release […]
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Bitcoin bulls now hope to capitalize on last week’s big gain, but several resistance levels stand in the way before BTC/USD hits $10,000 again. Bitcoin price (BTC) is currently locked in a battle to stay above the descending channel and have another run at the recent high at $10,540. In order to do this, first, […]
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Futures trading volumes creep up on spot trading in crypto, with futures now amounting to half of the value of more traditional buy-sell trades. Crypto futures trading volume now reportedly amounts to nearly 50% of the value of spot trading on crypto markets, according to Bloomberg. 13 exchanges analyzed Citing volume data from 13 major […]
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Bitcoin price charts reveal an inverse correlation to the S&P 500 index over the past two years at times, and particularly during summer 2019. In many ways, Bitcoin (BTC) and the crypto markets as a whole live somewhat independently from traditional markets. The global crypto space never sleeps, operating at all hours of the day […]
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