Stablecoins backed by fiat money — what is their goal and which ones do investors prefer and for what uses? Stablecoins attempt to be fiat currencies among cryptos. They can be a medium of exchange, a means of storing value and a unit of account. Unlike other digital coins, stablecoins are tied to some kind […]
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Will the first signs of recovery in altcoins sustain or turn out to be a dead cat bounce? Let’s study the charts. Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances, […]
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As cyber security becomes prevalent in the crypto space, can major insurance companies provide users with a much-needed safety net? The growth in popularity of cryptocurrencies has, in many ways, outpaced the infrastructure built to support it. In terms of security, cryptocurrency exchanges that serve both as a marketplace and a store of the digital […]
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A few altcoins are looking strong. Is it a good time to buy or is this only a dead cat bounce? Let’s study the charts. Apple CEO Tim Cook said that he is not comfortable with private companies creating their own cryptocurrencies. Therefore, he ruled out plans of Apple releasing its own currency token. Though […]
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Intercontinental Exchange, the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin futures contract. Intercontinental Exchange (ICE), the governing body behind the New York Stock Exchange, has executed the first block trade of Bakkt Bitcoin (BTC) futures contracts. ICE revealed the development in an Oct. 4 press […]
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Digital asset financial services firm BitGo launches a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. Digital asset financial services firm BitGo has launched a new staking service for the clients who store their assets with its qualified custodian subsidiary BitGo Trust. A press release published […]
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Venture capital firm Andreessen Horowitz is opening a school specializing in startups aiming to develop cryptocurrency-related projects. Venture capital firm Andreessen Horowitz (a16z) is opening a school specializing in startups aiming to develop cryptocurrency-related projects. Andreessen Horowitz unveiled its Crypto Startup School in an announcement on Oct. 3, saying that it intends to “encourage more […]
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Major cryptocurrency exchange Binance has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering compliance. Major cryptocurrency exchange Binance has partnered with crypto analytics startup Coinfirm to improve its anti-money laundering (AML) compliance. New platform for FATF compliance The integration of Coinfirm’s blockchain-agnostic AML Platform will purportedly streamline Binance’s compliance with the AML […]
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Investment management company Stone Ridge is trying to register a new Bitcoin futures offering with the U.S. Securities and Exchange Commission. Investment management company Stone Ridge is trying to register a new Bitcoin (BTC) futures offering with the United States Securities and Exchange Commission (SEC). The new fund is called NYDIG Bitcoin Strategy Fund and […]
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A Twitter exchange between Binance CEO Changpeng Zhao and famous bitcoiner Udi Wertheimer could lead to long-awaited features being added to the platform. One of the Bitcoin (BTC) space’s best-known and most outspoken developers has pledged to advertise Binance for the rest of the year if the exchange implements specific features. Wertheimer tackles Binance lack […]
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