Morgan Stanley Report Shows Strong Institutional Investment for Bitcoin

Morgan Stanley’s report shows Bitcoin’s appeal to institutional investors as the market evolves. On October 31, multinational investment bank and financial services company, Morgan Stanley, released their latest report on Bitcoin. The report, entitled “Update: Bitcoin, Cryptocurrencies and Blockchain,” stated that Bitcoins and altcoins have constituted a “new institutional investment class” since 2017. In comparison […]

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Report: Swiss Financial Watchdog Recommends Banks Set Crypto Risk Coverage at 800%

The Swiss financial watchdog FINMA has reportedly advised the country’s financial institutions to set crypto asset risk coverage at 800 percent of their value. The Swiss Financial Market Supervisory Authority FINMA has advised banks and other financial institutions to estimate risk coverage for cryptocurrencies at 800 percent of current market value, Cointelegraph auf Deutsch reports […]

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Bancor Begins Cross-Blockchain Token Trading Between Ethereum and EOS

BancorX DApp lets users convert between different blockchain tokens without an exchange or order matching. Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5. Originally announced in September, Bancor has now expanded to the EOS blockchain, using its […]

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Financial Consulting Firm DeVere Launches Arbitrage Crypto Trading Solution

Major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds. Major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds targeting “experienced investors,” according to a deVere press release published Nov. 1. According to the company’s website, deVere has more than $10 billion […]

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World’s Largest Crypto Exchange OKEx to Delist 50+ Trading Pairs Due to ‘Weak’ Performance

Top crypto exchange OKEx will delist almost 60 trading pairs that reportedly have weak liquidity and trading volumes. Major Hong Kong-based cryptocurrency exchange OKEx will delist over 50 trading pairs with weak performance, according to an announcement published Oct. 25. As per the announcement, at 6:00 am Oct. 31, 2018 CET, the exchange will halt […]

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