This week, PayPal ventured into blockchain for the first time, and Coinbase turns to cross-border payments. Top Stories This Week PayPal Invests in Digital Identity-Focused Blockchain Startup in Apparent First Global online payments firm PayPal has invested in startup Cambridge Blockchain, a firm that focuses on leveraging the tech in order to give users more […]
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Some cryptocurrency exchange platforms are inflating their Bitcoin trading volumes to earn higher listing fees, but the market’s liquidity is still due to trading activity on tightly regulated exchanges. In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of […]
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Hong Kong-based crypto reporter Eric Lam cites Brexit and a Bitcoin ETF joke as possible catalysts for the recent rally in crypto markets. Hong Kong-based crypto reporter Eric Lam believes nobody in the crypto industry has a good theory to explain the recent recovery of crypto markets. Lam shared his stance with Bloomberg on April […]
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The U.S. SEC has issued a no-action letter to TurnKey Jet, confirming that the TKJ tokens issued during the startup’s ICO are not securities. On April 3, the United States Securities and Exchange Commission (SEC) has issued a no-action letter to TurnKey Jet, confirming that the TKJ tokens issued during the startup’s initial coin offering […]
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Two staff members at the SEC have published a framework in order to help market participants tell if their offerings are securities. Staff at the United States Securities and Exchange Commission (SEC) have published a framework to help market participants ascertain whether or not a digital asset is deemed to be an investment contract, and […]
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The company also reportedly generated about $7.7 million in revenue through its cryptocurrency mining. Biotechnology company turned mining firm Riot Blockchain reported a 2018 net loss of about $58 million in its financial report released on April 2. Per the report, the company’s net loss was primarily attributable to the noncash aggregate impairments, depreciation, amortization […]
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Bitcoin is now hovering around $5,000, as the cryptocurrency markets are on their third day of gains. Wednesday, April 3 — Bitcoin (BTC) has tested the $5,000 mark for the first time since November 2018, as crypto markets are on the rise for the third day in a row. While some major cryptocurrencies are seeing […]
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The United States Securities and Exchange Commission is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets. The United States Securities and Exchange Commission (SEC) is looking to hire a crypto specialist attorney advisor for its Division of Trading and Markets (TM). The new job listing was posted on […]
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Bitcoin ETF proposals show the SEC softening its views and the public remaining ambivalent. It may span only a couple of years, but the history of Bitcoin exchange-traded funds (ETFs) and the United States Securities and Exchange Commission (SEC) is already a long one. Back in March 2017, the SEC rejected the application for a Bitcoin […]
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Japanese cryptocurrency exchange Coincheck has launched a Bitcoin over-the-counter trading desk for large-scale institutional investors. Japanese cryptocurrency exchange Coincheck has launched a Bitcoin (BTC) over-the-counter trading desk for large-scale institutional investors. Cointelegraph Japan reported the news on April 1. The Coincheck OTC trading desk will enable clients to directly trade large volumes of Bitcoin — […]
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