Binance is launching a futures trading platform for BTC/USDT initially with up to 20x leverage. Changpeng Zhao, CEO of top crypto exchange Binance, has revealed the company plans to launch a futures trading platform, with initial support for BTC/UTSDT contracts at a leverage of up to 20x. The CEO made his announcement during a keynote […]
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Increased public awareness of Libra will inevitably flow into bitcoin, while banks will seriously suffer, say two new commentators. Facebook’s new cryptocurrency project really can boost bitcoin (BTC), new sources, among them a report from equity research platform Seeking Alpha, said this week. Capitalizing on existing theories about the social media giant’s Libra protocol, the […]
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Bitcoin blockchain infrastructure firm Blockstream has launched a new tool allowing to execute atomic swaps on the Liquid network. Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1. The Liquid Network is […]
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Bitcoin price broke under $10,000 earlier this morning as the short-term market trend remains bearish. Monday, July 1 — Bitcoin (BTC) lost its grip on the $11,000 price mark earlier today to sink below $10,000 at press time. The leading cryptocurrency has pulled other top-20 coins down, with none of them reporting gains, according to […]
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A failing shopping mall thought to be slated for restructuring as a blockchain hub is now planned to become an entrepreneurial center instead. Tower City Center, which was purported to become a blockchain hub in Ohio, is now slated to become an entrepreneurial center. According to a report by cleveland.com on July 1, the Tower […]
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The CME has announced two new record figures regarding its BTC futures: 6,069 open contracts and a $1.7 billion notional value. The Chicago Mercantile Exchange (CME) Group has announced more record-breaking highs for bitcoin (BTC) futures in an official Twitter post on June 28. The futures in question are standardized contracts that bind a party […]
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ErisX has received a DCO license from the U.S. CFTC, supplementing its DCM license and allowing for the regulated trading of crypto futures. Chicago-based crypto exchange ErisX has procured a derivatives clearing organization (DCO) license from the United States Commodity Futures Trading Commission (CFTC). According to an official blog post on July 1, ErisX is […]
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The CEO of Blockchains LLC bought a bank in Nevada, citing financial inclusion, running a regulatory sandbox and issuing blockchain-based banking tools as motivations. The CEO of blockchain incubator and investment firm Blockchains LLC, has purchased a bank for $28 million, The Nevada Independent reported on July 1. According to the report, CEO Jeffrey Berns […]
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Pressures from the banking industry? Some are suspect of the FATF’s motivation behind putting its “travel rule” in the new guidance. “Travel rule” was a term frequently heard at the V-20 Summit, which took place in parallel with the G-20 meeting in Osaka, Japan from June 28 to 29. Regulators and Virtual Asset Service Providers […]
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Dutch ministers have called on the government to introduce new regulations on money laundering that would include cryptocurrency-related stipulations. Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a statement on July 1. The officials said that the government should ban cash payments over 3,000 euros, […]
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