Stalwart USD-backed stablecoin Tether is now officially “fully backed” by USD, a new statement says. The issuer of cryptographic stablecoin Tether (USDT) announced it had found a new banking partner in a statement Nov. 1, confirming rumors it would use Bahamas-based Deltec Bank & Trust. Tether, which had suffered from mixed publicity after allegations it […]
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Bitcoin and altcoins have been representing a “new institutional investment class” since 2017, despite the ensuing bear market, Morgan Stanley says. Bitcoin and altcoins has been a “new institutional investment class” since 2017, U.S. multinational investment bank and financial services company Morgan Stanley claims in a new report released Oct. 31. The document, titled “Bitcoin […]
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NASDAQ has high hopes it can use its market surveillance tech to stamp out manipulation in cryptocurrency markets. The world’s second-largest stock exchange NASDAQ says its market surveillance technology can “stamp out manipulation” in cryptocurrency markets, Bloomberg reported Nov. 1. The publication referenced an unpublished paper from NASDAQ released Thursday, in which it explains it […]
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“I don’t give a sh*t about Bitcoin,” JPMorgan’s Jamie Dimon says, on the eve of the 10th anniversary of Nakamoto’s white paper. On the eve of the 10th anniversary of the Bitcoin (BTC) white paper, Oct. 30, JPMorgan CEO Jamie Dimon found himself speaking yet again about the leading cryptocurrency, notwithstanding his track record of […]
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Hong Kong securities regulator wants to improve oversight of crypto entities as chair warns of “outright scandals and frauds.” Hong Kong’s securities regulator issued a statement setting out guidelines for funds dealing with cryptocurrency Thursday, Nov. 1, saying it could move to formally regulate exchanges. In what it called “guidance on regulatory standards,” the autonomous […]
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South Korean crypto exchange Bithumb has reportedly signed an agreement with an American fintech firm to open a security token exchange in the U.S. Major South Korean cryptocurrency exchange Bithumb has reportedly signed a deal with an American fintech firm in an effort to open a securities token exchange in the U.S., South Korean Yonhap […]
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Bitcoin advocate Tom Lee is “pleasantly surprised” by the recent stability of Bitcoin, given “how small BTC is in terms of market capitalization.” Fundstrat Global Advisors’ Bitcoin (BTC) analyst Tom Lee said that he is “pleasantly surprised” by the recent stability of BTC in an interview on CNBC’s Squawk Box Oct. 29. Lee expressed surprise […]
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A Russian industrialists union has created a dispute board for hearing cases pertaining to the digital economy, including smart contracts and Initial Coin Offerings. The Arbitration Center at Russian Union of Industrialists and Entrepreneurs (RSPP) has announced the creation of a board for disputes on issues pertaining the “digital economy,” including crypto-related cases, Kommersant reported […]
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Chinese finance news outlet Sina Finance reports that crypto mining equipment producer Ebang’s IPO has been halted due to alleged involvement in illicit financial activities. Investigators have reportedly halted the public listing process of cryptocurrency mining machine manufacturer Ebang International on the Hong Kong Stock Exchange (HKEx), local financial news outlet Sina Finance reported Oct. […]
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While today marks the tenth anniversary of Bitcoin, the cryptocurrency has been trading sideways recently, with low volatility in markets overall. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research […]
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