Chinese iron ore importers want to adopt the digital yuan to make transactions less dependent on American currency. The Chinese iron ore sector is shifting towards blockchain-powered cross-border platforms to conduct trade deals in the national currency yuan (RMB), rather than the more usual USD transactions, as importers begin to adopt the technology. According to […]
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Bitcoin bulls are attempting to flip the $12,000-$12,200 range to support in order to kickstart a rally to $12,900. Despite today’s 4.4% Bitcoin price correction to retest underlying support, bulls are attempting a daily close above $12,000. The S&P 500 reached a new all-time intraday high, confirming the start of a new bull market according […]
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One person will beat all of them. Popular crypto futures trading platform Bybit is currently hosting thousands of participants for its World Series of Trading, or WSOT, competition. With roughly 12 days left before the competition concludes, 12,368 participants currently pursue 200 Bitcoin (BTC) in prize money, valued around $2.4 million, data from the exchange’s […]
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On-ramps and off-ramps are key components to bringing new users and new money into the crypto space, but not all are created equal. What are some of the biggest providers offering these services? There’s no shortage of options for on-ramps and off-ramps, including some of the most well known names in the industry. Starting with […]
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IBM and Maersk’s global blockchain shipping platform continues to onboard major new global partners. TradeLens — the blockchain shipping platform created by IBM and Danish logistics giant Maersk — has signed on a major Turkish-owned international terminals operator. TradeLens is a global supply chain management platform designed for containerized freight and logistics, which was first launched […]
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The changing distribution of open interest is “wildly bullish,” one crypto fund manager says as John Bollinger says the price rally is “picture perfect.” Bitcoin (BTC) will “explode” in price once it hits $13,000, one trader believes as Bitcoin futures trade at 6% above spot price. In a tweet on Aug. 18, the derivatives trader […]
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Sworn in for her second term today, SEC Commissioner Hester Peirce tells Cointelegraph about the commission’s work on crypto and new tech in investing. Most days, there is little love lost between the United States Securities and Exchange Commission and the world of crypto. As the regulator of the world’s largest capital market, the commission’s […]
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“You don’t have to be Dr Evil to scam someone via cryptocurrency. You can be a Mini Me.” The high-profile Twitter hack which saw malicious actors take over 130 verified accounts including Bill Gates and Elon Musk managed to be both technically brilliant and incomprehensibly stupid at the same time. It was a multi-person attack, […]
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Morgan Creek Digital’s co-founder believes that while Buffett himself is unlikely to buy Bitcoin, younger people working at his investment firm will. Co-founder and partner at hedge fund Morgan Creek Digital, Jason Williams, predicted that famous investor and business tycoon Warren Buffett will buy Bitcoin (BTC). In a tweet sent on Aug. 15, Williams pointed […]
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Ethereum price has stalled below $440 but ETH options and futures data suggest that $500 is closer than it might seem. Open interest on Ether (ETH) futures grew by 250% over the past three months to reach $1.7 billion. This incredible build up occurred as the cryptocurrency broke the $400 resistance to reach its highest […]
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