The last week was the third most lively for Argentine peso markets on Localbitcoins, as the national currency continues its devaluation against the U.S. dollar. Argentina is back on the radar for Bitcoin (BTC) proponents after sudden capital controls cut U.S. dollar purchasing power by 98%. Central bank: $200 limit “temporary” As news outlets reported, […]
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What’s the right approach to privacy that will allow crypto to best navigate regulation? Bitcoin (BTC) and cryptocurrencies are causing some confusion for regulators globally. Designed usually as peer-to-peer payment platforms, cryptocurrencies seek to improve trust, security and privacy by significantly reducing or eliminating third parties. However, by connecting users directly, cryptocurrencies make regulatory oversight […]
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A blockchain-based P2P financial system could make the City of London irrelevant, says a McKinsey advisor. According to a senior advisor at consultancy firm McKinsey, John Straw, blockchain could make the City of London irrelevant in the near future. He made the claim at a Computing.co.uk Live Event on Oct. 24. Straw added that this […]
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Alipay denies providing support for Bitcoin trading amid reports of Binance accepting fiat deposits via popular payment channels. Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move was part of the exchange giant’s peer-to-peer (P2P) trading rollout for Bitcoin (BTC), Ether (ETH) and Tether […]
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After the latest Binance Coin quarterly burn and record profits, Binance CEO says that the possible reasons for BNB price decline do not make much sense. Changpeng Zhao, CEO and founder of major cryptocurrency exchange Binance, said that the reasons why Binance Coin (BNB) dropped over 50% from its all-time high in June do not […]
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Most crypto exchanges put in fresh trading volume lows, with the exception of Binance’s Bitcoin futures, which conversely set record highs. Binance’s Bitcoin futures product is the only winner in a lackluster market this week as trading volume hits local lows. Research highlights “very low” activity Analysis of various platforms’ trading volumes by exchange eToro’s […]
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A few of the top 5 performers are showing promise and are likely to start an uptrend. Which are those? Let’s study the charts. The United States Securities and Exchange Commission (SEC) has been in the thick of the action over the past week. First, the SEC rejected the Bitcoin ETF application from Bitwise Asset […]
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Can a DEX be fully exempt from regulations in the current landscape, and what does it take to be free in the world of crypto? Earlier this week, British-American entrepreneur John McAfee, who is currently living “in exile” due to tax-related charges filed against him by the United States authorities, launched his own decentralized exchange […]
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Bitcoin’s profile for wealth protection gains momentum in the media as Hong Kong Free Press dumps BitPay. Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance. Trading record underscores Bitcoin’s “non-seizability” As multiple commentators including Morgan Creek […]
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Major cryptocurrency exchange Binance launches peer-to-peer trading for Bitcoin, Ether and Tether against the Chinese Yuan. Major cryptocurrency exchange Binance has launched peer-to-peer trading for Bitcoin (BTC), Ether (ETH) and Tether (USDT) against the Chinese Yuan (CNY). In an announcement published on Oct. 9, the exchange revealed that the service will be initially available to […]
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