CFTC’s Technology Advisory Committee has held a public meeting and invited three stablecoins to showcase and discuss the outlook of stablecoins and cryptocurrency. American financial regulators have sat down with major stablecoin projects in an effort to better understand the industry. The Commodity Futures Trading Commission’s Technology Advisory Committee held a public meeting on Feb. […]
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Coronavirus continues to spread panic throughout traditional markets and Bitcoin price is down 10% since the start of the week. The sharp correction that has rocked the crypto market since Feb. 23 continued through Feb. 27 as Bitcoin (BTC) price dropped nearly 8% to a daily low at $8,531. Markets pricing in Coronavirus impact At […]
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An in-depth analysis of the recent malfunction and performance issues suffered by the Binance crypto exchange. As Cointelegraph reported on Feb. 19, Binance temporarily suspended most of its crypto trading platform activities due to unscheduled system maintenance. For several hours the exchange’s users were unable to perform most basic functions including deposits, withdrawals, spot trading, […]
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Multi-currency and futures exchange BTSE to launch the first-ever native exchange token sale based on the Liquid Network in March 2020. As the adoption of Bitcoin (BTC) sidechains continues to grow, a major Bitcoin sidechain, the Liquid Network, will soon host a token sale. BTSE, a multi-currency digital asset and derivatives exchange, plans to launch […]
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Boerse Stuttgart has listed an exchange-traded product that is inversely correlated to Bitcoin’s price swings. Investors looking to short Bitcoin (BTC) have a new option in Germany. On Feb. 25, Boerse Stuttgart — the country’s second-largest stock exchange — announced the listing of an exchange-traded product (ETP) that is inversely correlated to the cryptocurrency’s price […]
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The lawsuit against Tether is proceeding, but first a New York judge needs to decide which law firm takes lead on the case. In a U.S. courthouse for the Southern District of New York, Judge Katherine Failla heard this afternoon from three plaintiff teams suing iFinex et. al. and vying to serve as lead counsel […]
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After breaking above $1 billion for the third time ever, daily volume for CME Bitcoin futures has plummeted by roughly 50% for three consecutive days. Daily trade volume for Chicago Mercantile Exchange (CME)’s bitcoin (BTC) futures produced a new low for 2020 on Feb. 21, with $118 million worth of contracts changing hands on Friday. […]
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In line with recent behavior, Bitcoin rapidly reacts to a gap in CME’s futures at the expense of maintaining a five-figure price. Bitcoin (BTC) fell below $10,000 once more on Feb. 24 after a gap in CME’s futures trading implied downward pressure should characterize the start of the new week. Cryptocurrency market daily overview. Source: […]
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Alex Tapscott discusses his recently released book Financial Services Revolution with Cointelegraph. When the United States Treasury said on Feb. 13 that it would seek to enact new regulations governing cryptocurrencies, the price of Bitcoin (BTC) fell by almost 2% within an hour. But Alex Tapscott, for one, thinks it unlikely that the U.S. government […]
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The top performers of this week are a mixed bag as many altcoins are overbought but traders will be keeping an eye out for those that appear to be picking up momentum. After numerous big companies exited Facebook’s Libra project and several regulators voiced their concerns, news about the project had taken a back seat. […]
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