‘Welcome to the 2019 Bull Market’ – BitMEX Trades Record $16 Billion in One Day

Trading reached $16 billion across the platform for the first time as bitcoin passed $13,000. BitMEX, the world’s largest cryptocurrency trading platform, saw record volumes across its operations as bitcoin (BTC) hit $13,000. The company reported the figures on Twitter on June 26. On Wednesday, BitMEX, which is the world’s single biggest bitcoin derivatives provider, […]

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US CFTC Approves LedgerX’s Application for Designation As Contract Market

LedgerX, a U.S.-based regulated crypto derivatives and clearing platform, has received CFTC approval to operate as a designated contract market. The United States Commodity Futures Trading Commission (CFTC) has approved the application of LedgerX LLC for designation as a contract market, according to an announcement published on June 25. LedgerX — a U.S.-based regulated crypto […]

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Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth

Circle CEO Jeremy Allaire believes non-sovereign cryptos such as bitcoin will see continued growth despite the emergence of assets such as Facebook’s Libra and stablecoins. Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin (BTC) will continue to see growth despite the proliferation of new forms of digital assets […]

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Facebook’s Libra Coin: Initial Reactions Mixed

Summary of the first reactions on Facebook’s Libra. Facebook has released its much anticipated white paper for the cryptocurrency Libra. The initial reviews of the highly secretive mega-project are mixed, to say the least. Before taking a look at responses across the cryptosphere, let’s have a quick recap of the Facebook proposal. The Libra coin […]

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Amazon Pay VP Says No Current Plans to Create Crypto: ‘We Don’t Deal in the Speculative’

A senior executive at the online giant says that the landscape right now means Libra is “fresh and speculative.” Amazon would only consider discussing the creation of its own cryptocurrency like Facebook’s Libra in several years’ time, a senior executive said at a conference on June 10. Speaking at Fortune’s Brainstorm Finance 2019 event, Patrick […]

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