Should crypto exchanges follow traditional exchanges and implement circuit breakers? Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit. Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index […]
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The main idea behind the DeFi industry is that the financial product shouldn’t be managed by central server, company, organization, etc. As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable […]
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A study by a trust-gauging company claims that cryptocurrency-related scams are the second-riskiest in Canada and the U.S. A report published by the Better Business Bureau (BBB) says that cryptocurrency-related scams are continually growing, becoming the second most risky of 2019 among North Americans. According to research from trust-gauging organization published on March 2nd, scams […]
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Responding to Bitcoin’s recent falling prices, some experts see a correlation to traditional markets, while others see a correlation to PlusToken selling. Some authorities think current traditional market instability lies behind Bitcoin’s (BTC) recent plunge, while others feel the alleged PlusToken scam is the cause. Bill Herrmann, CEO of alternative investment banking firm Wilshire Phoenix, […]
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The U.S. Federal Reserve just injected $168 billion into the economy, totaling more than Bitcoin’s entire market cap. After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin. “Separate auctions Tuesday in the short-term lending market, or repo, […]
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Global crypto exchange Huobi has announced a new mobile app to trade a wide range of cryptocurrencies. Huobi Group has officially announced the launch of its new mobile application, Huobi Lite. Per a March 10 announcement, the new app will allow anyone to trade major cryptocurrencies on Android and iOS without fees or commissions. Users […]
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Unibright has partnered with German startup Wasserkraft Mittelrhein to use blockchain technology to facilitate renewable energy trading. On March 9, blockchain technology provider Unibright (UBT) announced a partnership with German startup Wasserkraft Mittelrhein to use the Unibright Framework to facilitate decentralized renewable energy trading. The partnership will see the firm join Wasserkraft Mittelrhein to facilitate […]
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Japan’s Financial Services Agency has launched a Bitcoin Governance Initiate Network to foster the “sustainable development” of the DLT sector. Japan’s financial regulator announced the launch of its global Blockchain Governance Initiative Network (BGIN) on March 10. The BGIN intends to foster the “sustainable development of the blockchain community.” The Financial Services Agency Japan (JFSA) […]
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A new study forecasts that the growing global blockchain IoT market will approach $6 billion by 2026. A study by a market research firm Research Dive ensures that the global blockchain IoT market size could reach $5,802.7 million in 2026, in addition to the compound annual growth rate (CAGR) being around 91.5% projected for that […]
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Bitcoin price has dropped below $8K again but it appears the digital asset is gearing up to consolidate in the $8K to $8.2K range. Bitcoin (BTC) price has taken another dip below $8,000, dropping 5.11% to $7,728 after touching a daily high at $8,149. The pullback occurred shortly after the New York State Governor Andrew […]
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