PNC bank has become the first United States bank to start using the RippleNet blockchain network for cross-border payments. PNC — the United States’ eighth-largest bank, with almost $400 billion in assets — has become the country’s first to start using the RippleNet blockchain network for cross-border payments. Fintech Futures reported on Aug. 29 that […]
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The Bitcoin price has dropped sharply below $10,000, marking a new weekly low and sending the currency back to where it started the 30-day period. The price of Bitcoin (BTC) has dropped dramatically today, falling by $600 at 6:00 p.m. UTC on Aug. 28. In the course of an hour, the Bitcoin price sank from […]
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Bakkt clients will be able to start depositing their Bitcoin in the platform’s custodial offering, Bakkt Warehouse, starting Sept. 6. Bakkt clients will be able to start depositing their funds in the Bakkt Warehouse for physically delivered Bitcoin (BTC) futures starting Sept. 6. Bakkt to debut futures trading on Sept. 23 On Aug. 28, the […]
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The Chicago Mercantile Exchange Group’s Bitcoin futures saw an average daily volume of $515 million in May. The Chicago Mercantile Exchange (CME) Group’s Bitcoin (BTC) futures saw an average daily volume of $515 million in May 2019. Forbes reports on Aug. 28 that the CME Group’s Bitcoin futures are seeing new records in trading activity. […]
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Current calm conditions may not last as the week progresses, with $10K Bitcoin price support not guaranteed. Bitcoin (BTC) price held above $10,000 for a third day on Aug. 28 as a fresh period of sideways trading endured through the week. Market visualization. Source: Coin360 Eerie calm descends over Bitcoin markets Data from Coin360 painted […]
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What’s driving regulatory processes around crypto, and why should we welcome restrictions on an industry that has so far enjoyed nearly unbridled freedom? When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting […]
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Major cryptocurrency exchange Binace CEO Changpeng Zhao announces that the platform will launch futures trading in September. Changpeng Zhao, CEO of top crypto exchange Binance, announced that the platform will launch futures trading in September. Zhao voiced this statement on Twitter during an “ask me anything” session on Aug. 28. According to Cointelegraph Japan, the company […]
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Crypto custody solutions are on the rise, and Coinbase appears to be taking over the market — who else is chasing the number one spot? Cryptocurrency custody providers seem to be springing up all over the global digital landscape in 2019, and the crypto platform Coinbase emerging as the leader in the sector. At their […]
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Around 50% of open interest in futures markets is set to expire on Friday, something many say could influence Bitcoin price. Bitcoin (BTC) price was still testing support at $10,000 on Aug. 27 as all eyes began focusing on the upcoming futures expiration set for Friday. Market visualization. Source: Coin360 Bitcoin price retests five-figure support […]
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Options traders are contending with ever-decreasing odds as markets grind on at around $10,000. Bitcoin (BTC) price is only 7% likely to hit its previous all-time high of $20,000 before 2020, according to market forecasts. The latest data appearing on social media courtesy of the Twitter analyst known as Skew, highlighted the odds for investors […]
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