The price of Bitcoin will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road, Ross Ulbricht. The price of Bitcoin (BTC) will skyrocket up to $100,000 in the coming year, according to the founder of infamous darknet marketplace Silk Road. In a series of blog posts…
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As Robinhood plans to allow its users to buy slices of shares at $1, over 200,000 users have expressed their intent to use the service. More than 200,000 Robinhood clients have already expressed their intent to use its new fractional stock trading app announced yesterday. Vladimir Tenev, co-founder at Robinhood, said that the clients were…
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Chinese Bitcoin mining giant Canaan Creative’s shares have seen a 40 percent drop in value since its initial public offering in November. Chinese Bitcoin (BTC) mining giant Canaan Creative’s depositary shares have seen a 40 percent drop in value since November initial public offering (IPO). Canaan was the first Bitcoin mining giant to go public…
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Denmark-based cryptocurrency users have begun receiving letters from the local tax agency requesting a full background of all their cryptocurrency transactions. Denmark-based cryptocurrency users have begun receiving letters from the Danish tax agency, Skattestyrelsen (Skat), requesting that traders provide a full background of all their cryptocurrency transactions, sources informed Cointelegraph on Dec. 10. In its…
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Multi-asset investment platform and social network eToro is reportedly planning to launch a debit card in Q2 2020. Multi-asset investment platform and social network eToro is allegedly planning to launch a debit card in the second quarter of 2020. On Dec. 9, Business Insider reported that the United Kingdom-based digital asset trading platform’s 12 million…
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HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations. HBUS, the operator of United States-based crypto exchange Huobi.com, is ceasing its operations, according to a tweet posted on Dec. 9. San Francisco-based cryptocurrency trading platform HBUS said in the announcement: “We regret to inform you that HBUS will need to cease…
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Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. Malta-based cryptocurrency exchange OKEx announced that it will launch crypto options trading on Dec. 27. In a press release on Dec. 9, the exchange said that the addition of options makes OKEx the “first crypto exchange to offer C2C, spot,…
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The Digital Exchange of the Börse Stuttgart (BSDEX) Germany’s second-largest stock exchange is now open to all users with German residency. Following the start of trading platform for selected investors in September, Börse Stuttgart Stock Exchange (BSDEX) has now opened to all interested users with residence in Germany. Börse Stuttgart made its announcement in a…
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San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc. San Francisco-based cryptocurrency exchange Kraken is adding support for its latest fiat asset, the Swiss franc (CHF). According to a blog post on Dec. 5, Kraken said that in collaboration with Liechtenstein-based Bank Frick, the Swiss franc will join the…
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California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services. California-based financial firm SoFi has acquired a BitLicense from the New York State Department of Financial Services (NYDFS), the regulator said in a statement on Dec. 3. SoFi is now one of 24 crypto-related firms that have obtained…
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