The cryptocurrency market trades sideways as analysts speculate on holiday-fueled FOMO. Thursday, July 4— The number one cryptocurrency Bitcoin (BTC) is seeing mild gains on the day as ether (ETH) and ripple (XRP) trade sideways. Market visualization. Source: Coin360 Bitcoin has had a volatile week. Bitcoin was trading at over $13,000 on June 26 and […]
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Tether’s influence is high despite numerous controversies, but it may pose a threat to the crypto asset market… There is perhaps no other crypto asset more subject to scrutiny and accusations of impropriety than the Tether stablecoin. The startup behind the coin has been blamed for market manipulation while its business dealings and accounting practices […]
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Litecoin has been integrated into Flexa and will be accepted as payment by its network of almost 40,000 merchants. New York-based blockchain payment startup Flexa has added litecoin (LTC) as the fifth crypto accepted by merchants on its payment network, the company officially announced on July 3. Following the listing, litecoin is now accepted as […]
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Facebook’s David Marcus addressed trust issues surrounding Facebook’s Libra stablecoin in a recent post. David Marcus, the head of Calibra at Facebook, emphasized that Libra users will not have to put their trust in Facebook, in a post on July 3. Marcus reiterated that Facebook is not the only member of the Libra Network, and […]
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Binance will switch tether addresses indexed to the Omni network to ERC-20 on July 4. Major cryptocurrency exchange Binance has announced that it is switching from Omni-based addresses to ERC-20-based addresses in customer wallets for the stablecoin tether (USDT), according to an official announcement on July 3. In order to make the switch, Binance says […]
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Half of the top-30 crypto exchanges try to avoid dealing with U.S., despite it being one of the biggest markets. America is the land of opportunity, so long as you don’t happen to be a cryptocurrency exchange. For several years now, a number of prominent exchanges have opted not to serve U.S. citizens; in fact, […]
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The U.S. House of Representatives Committee on Financial Services requested Facebook to immediately stop the development of the Libra stablecoin. The United States House of Representatives Committee on Financial Services requested Facebook and its partners to stop the development of the Libra stablecoin In a July 2 letter addressed to Facebook CEOs Mark Zuckerberg and […]
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The Binance Charity Foundation has announced an alliance of 47 organizations to make a token geared toward feminine health. The Binance Charity Foundation (BCF) has announced a new initiative for improving feminine health. BCF, which is the philanthropic arm of cryptocurrency exchange Binance, announced an alliance of 47 organizations to make a token geared towards […]
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Canadian crypto exchange Coinsquare announced an initiative to turn “millions” of ATMs to bitcoin teller machines. Canadian exchange Coinsquare has acquired software allowing traditional ATMs to sell cryptocurrency such as bitcoin (BTC), according to a press release on July 3. Coinsquare announced a controlling investment in Just Cash, a United States-based fintech startup that has […]
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Nobel laureate in economics Joseph Eugene Stiglitz claimed that “every currency is based on trust, but only a fool would trust Facebook’s Libra.” Nobel prize-winning economist, Joseph Eugene Stiglitz, claims that “every currency is based on trust, but only a fool would trust Facebook’s Libra” in an article published on July 2. Stiglitz also notes […]
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