Bitcoin fell in step with Fed Chairman Jerome Powell’s bearish remarks on Facebook’s digital currency. Bitcoin price (BTC) shed more than 10% on July 11 as markets appeared to react to criticism of Facebook’s Libra from a senior U.S. lawmaker. Market visualization courtesy of Coin360 Data from Coin360 sees the majority of cryptocurrencies firmly in […]
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After months of anticipation, top crypto exchange Binance has launched its margin trading platform. Top crypto exchange Binance has launched its margin trading platform, an official blog post published today, July 11, reveals. Binance’s move to expand trading possibilities to meet the full scope of institutional and retail traders’ needs had already been indicated by […]
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New AML laws will require Canadian crypto exchanges to register with the country’s financial watchdog FinTRAC next June. Cryptocurrency exchanges in Canada will be legally required to register with the Financial Transactions and Reports Analysis Centre of Canada (FinTRAC) as of June 1, 2020, according to a notice published on July 10. This requirement will […]
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Cadence, a Coinbase-backed alternative investment provider, launched a blockchain-based investment platform for debt. Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in […]
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Blockstack has received approval from the SEC to run a public token offering via Regulation A+ — a first use of the regulation for a token offering. The United States Securities and Exchange Commission (SEC) has given blockchain-based startup Blockstack the go-ahead to run a $28 million public token offering under Regulation A+, according to […]
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Cryptocurrency markets could not maintain their bullish trend from early trading, with most major coins seeing red today. Wednesday, July 10 — Cryptocurrency markets have registered a sharp drop after Bitcoin hit the $13,000 price mark in the beginning of the day, according to data from Coin360. Market visualization courtesy of Coin360 Bitcoin (BTC) is […]
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The Federal Election Commission has opened a draft letter to the public, in which they approve of Omar Reyes’ 2020 congressional campaign incentives tokens. The Federal Election Commission (FEC) has tentatively approved an ERC-20 token issued by Omar Reyes to use in an incentives program for his congressional campaign. The FEC reviewed the coin project […]
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A new deposit functionality has been rolled out following news of a Bakkt payment app and Coinbase Card’s expansion into six European nations… Once seen by the mainstream zeitgeist as a fringe technology destined to languish on the outskirts of society, cryptocurrency today is alluring many leaders of the fintech sector by offering companies the […]
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Six Chinese citizens have been arrested in Vanuatu and extradited to China as part of an ongoing investigation regarding the alleged crypto pyramid scheme PlusToken. Vanuatu, a Pacific Island country, has extradited six Chinese citizens to the mainland, according to a report by Odaily Planet Daily on July 10. The suspects were reportedly arrested in […]
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In a new economic roadmap, the government of Turkey has included a blockchain-based central bank digital currency. The government of Turkey has included a central bank-issued digital currency in its 2019–2023 economic roadmap published on July 9. As per the 11th Development Plan from the Presidency of the Turkish Republic, “Blockchain-based digital central bank money […]
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