The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019. The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto exchange Bitfinex and stablecoin issuer Tether […]
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A BlockShow panel shares insights on the future of crypto adoption from the perspective of Millennials. Millennials, a generation beleaguered by student debt, low pay and a lack of savings, can rewrite their financial narratives using Bitcoin (BTC) and cryptocurrency according to a panel discussion at this year’s BlockShow summit in Singapore. That was the […]
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Is all this Christmas nonsense getting in the way of your crypto obsession? Well, why not combine the two? As we find ourselves already knee-deep into December, it has become increasingly difficult to ignore that certain festive je ne sais quoi that always seems to permeate the air during this time of year — yes, […]
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The investment is reportedly part of the firm’s strategy to take advantage of new opportunities while remaining diversified. Massachusetts-based insurance firm MassMutual just announced that it has purchased $100 million in Bitcoin for its general investment account. According to a report from The Wall Street Journal, the company purchased the coins — purportedly 5,470 Bitcoin […]
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$540 million in Bitcoin options open interest will expire on Friday, and a $93 million imbalance shows bears are taking control. On Dec. 11, a total of $540 million in Bitcoin (BTC) options open interest is set to expire. This number mimics the past month’s $525 million options expiry, as monthly and quarterly options typically […]
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The $1 price mark remains a psychological barrier for XRP, with the third-ranked crypto by market capitalization still 85% off its all-time high price. As the second-largest altcoin by market capitalization, XRP is hardly far from consideration during periods of significant bullish enthusiasm in the cryptocurrency market. Despite being 85% down from its January 2018 […]
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It appears that more people are reading about Bitcoin these days. A new book on Bitcoin (BTC) has catapulted into the top-3 on Amazon’s macroeconomics bestseller list, offering more evidence that digital assets are piquing peoples’ interest. Released on Dec. 2, 2020, “Bitcoin: Hard Money You Can’t F*ck With: Why bitcoin will be the next […]
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Some stablecoins are more useful than others. This is the latest issue of Finance Redefined, Cointelegraph’s DeFi-centric newsletter delivered to subscribers every Wednesday. A relatively quiet week in DeFi finally has given me some breathing room to talk about a subject I’ve been postponing since almost the beginning of this newsletter, namely: What’s up with […]
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Most major DeFi tokens will be available for trading on Eos. Eosfinex, the Bitfinex-backed non-custodial exchange running on the Eos (EOS) network, announced the listing of more than 15 ERC-20 tokens, primarily consisting of governance tokens of major DeFi protocols on Ethereum. The listing is made possible by a collaboration with pNetwork, a crypto asset […]
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Singapore’s stock exchange SGX will also have a stake in the platform. After anticipating its plans in October, DBS, Singapore’s largest bank, is establishing a new cryptocurrency exchange division called DBS Digital Exchange. Announced on Thursday, the venture is also backed by SGX, Singapore’s largest derivatives and asset exchange, which owns a 10% stake in […]
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