Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets. Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts. In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) […]
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Account holders at crypto exchange Huobi have the opportunity to vote this month on which of six new tokens they would like to see listed. Major Japanese exchange Huobi is asking its users to vote before August 16 on which new cryptocurrencies they would like to see listed. According to an update on the Huobi […]
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In this week’s newsletter, we look at a series of developments that test the limits of governmental authority over crypto, as well as the contest with social media. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note New developments in crypto this week […]
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New Zealand-based crypto data firm Brave New Coin has partnered with a new Canadian options exchange to develop indexes for its forthcoming crypto markets. Digital asset data firm Brave New Coin (BNC) has inked a multi-year deal with the Toronto Futures Options Swaps Exchange (tFOSE) to power its crypto options trading. BNC’s data will enable […]
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Today Chainlink overtook Litecoin and Binance Coin as the 8th biggest cryptocurrency by market capitalization. Today Chainlink (LINK) surpassed Binance Coin (BNB) and Litecoin (LTC) in market capitalization. Data from CoinMarketCap shows LINK’s market cap surged to $2.86 billion as the price rallied 9% to $8.17. This brought the market cap above BNB and LTC […]
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U.S. regulators team up to fine and halt a crypto portfolio app offering synthetic exposure to traditional assets, which was not offered to U.S. investors. The Securities and Exchange Commission and Commodity Futures Trading Commission issued a joint fine to Abra, a crypto portfolio app that let users get synthetic exposure to traditional markets. According […]
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Chiliz is entering one of the world’s best football countries by listing CHZ token on the largest crypto exchange in Brazil. Chiliz (CHZ), a major sports-focused digital currency, is getting its first listing on a Brazilian cryptocurrency exchange. Mercado Bitcoin, the largest crypto trading platform in Brazil, will soon roll out Chiliz trading against the […]
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Hao pointed out that DOGE enjoys healthy development, longevity and features that cannot be found in many old-time cryptos. Jay Hao — CEO of major crypto exchange OKEx — made positive remarks about meme cryptocurrency Dogecoin (DOGE). When answering Cointelegraph’s recent inquiry concerning new Dogecoin-related OKEx features, Hao made it clear that he has a […]
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Japanese holdings of cryptocurrencies such as Bitcoin, XRP, and Ether all surged during the coronavirus pandemic. The Japan Virtual and Crypto Assets Exchange Association (JVCEA) — a self-regulatory organization for the crypto industry in Japan — recently published a report on Japanese holdings of major cryptocurrencies in March. 169,376 BTC was held on Japanese exchanges, up more […]
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As Bitcoin corrected on July 9, altcoin prices dropped but many are holding above their support levels, suggesting the uptrend will resume. Veteran trader Peter Brandt believes that a new altcoin season is likely to start in the near future and he predicted that altcoins are likely to outperform Bitcoin (BTC) during this next run. […]
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