A new official statement from China’s central bank confirms it is taking fresh action against businesses offering cryptocurrency trading. Cryptocurrency exchanges operating illegally in China face a new threat after the central bank announced it would take new steps to uphold its trading ban. In a statement on Nov. 21, the People’s Bank of China […]
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In a fresh assault on Bitcoin price potential, Peter Schiff argues a fall to $1,000 would “complete a pattern” for Bitcoin after a successful year. Bitcoin (BTC) proponents have ridiculed one of the cryptocurrency’s most infamous critics after he delivered a highly bearish price prediction. In a Twitter debate on Nov. 21, commentators joined forces […]
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Two thieves at a Canadian grocery store swiped $4,000 from a Bitcoin ATM but forgot to check the second canister, leaving $50,000 behind. Two thieves at a Canadian grocery store swiped $4,000 from a Bitcoin (BTC) ATM but forgot to check the second canister, leaving $50,000 behind. According to a local media report published on […]
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An operation to shutter crypto trading sees input from the People’s Bank of China and local law enforcement, as exchanges in Shanghai deny police raided offices. Cryptocurrency exchanges operating illegally in one city in China will face the wrath of a joint government effort to oust them, reports claim. On Nov. 22, authorities in Shenzhen […]
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The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service this week. The institutional asset custody arm of United States-based crypto exchange Coinbase has announced it is transitioning to an internationally-based staking service as of Nov. 21. In rolling out its staking services to […]
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The Intercontinental Exchange’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin futures contract. The Intercontinental Exchange (ICE)’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin (BTC) futures contract. In a news release published Nov. 22, ICE — the operator of 23 leading global exchanges, including the New […]
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Investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSnacks, the firm behind the privacy-focused crypto wallet Wasabi. Tech investment company Cypherpunk Holdings has completed an equity investment worth $337,500 in zkSNACKs, the firm behind privacy-focused cryptocurrency wallet Wasabi. Cypherpunk announced the news in a Nov. 21 press release, specifying that it […]
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South Korean cryptocurrency exchange Bithumb denies recent reports that Chinese authorities have raided its Shanghai offices. South Korean cryptocurrency exchange Bithumb is denying recent reports that Chinese authorities have raided its Shanghai offices. On Nov. 21, a Bithumb spokesperson informed the Block that the recent rumors of a police raid and closure of the exchange’s […]
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Large crypto exchanges appear to have slowed misreporting of their trading volumes in 2019, according to a new Chainalysis report. Large crypto exchanges appear to have stopped misreporting their trading volumes in 2019, a new study by Chainalysis says. According to the New York-based blockchain analytics firm, there are still some crypto exchanges including Bitforex […]
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Following the ban of crypto purchases with credit card, Argentina’s P2P Bitcoin trading volume reaches an all-time high. Argentina’s central bank had formally banned consumers from purchasing Bitcoin (BTC) and other cryptocurrency using credit cards on Nov. 1. What followed was the very opposite of what the Argentine government had anticipated — over the past […]
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