New study jointly conducted by international trade organizations focuses on possibilities and challenges of blockchain tech implementation to the industry. Distributed ledger technology, colloquially termed “blockchain,” is making a bold promise to help bring the trade industry into the digital age. To help shed light on the intricate workings of the technology and the role…
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The U.S. SEC is seeking to reopen a case against Bitcoin fraudster Renwick Haddow, as he has not resolved the regulator’s claims for monetary relief. The United States Securities and Exchange Commission (SEC) has filed to reopen a case against Bitcoin (BTC) fraudster Renwick Haddow as he has not resolved the regulator’s claims for monetary…
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After four weeks of tumbling down, the cryptocurrency market sentiment has finally seen a slight rise. The combined moving average 7-day market sentiment measure for the top 10 coins is up from last week’s 4.3/10 to this week’s 4.55, according to Omenics, a cryptocurrency market sentiment analysis service. We find eight out of the top…
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Major cryptocurrency exchange Binance now supports Bitcoin and Ether futures trading on its new iOS app. Binance, the second-biggest cryptocurrency exchange by daily trading volume at press time, now supports Bitcoin (BTC) futures trading on its new iOS app. After Binance initially launched its two futures testnet platforms on Sept. 2, the exchange now allows…
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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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After a lengthy period of consolidation, many cryptocurrencies appear to be setting up for a large move within the next few days. China could start its pilot for the central bank digital currency (CBDC) before the end of this year, according to local news outlet Caijing. The article states that the anticipated pilot project “will…
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Bitcoin (BTC) price volatility is expected to decline next year, with the transition from a bear to a bull market seemingly over, while the cryptocurrency’s price is likely to continue grinding higher, according to a recent report released by Bloomberg Intelligence (BI). While bitcoin’s rapidly rising prices once went hand-in-hand with high volatility, “the Read…
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A limited debut of China’s long-touted central bank digital currency is set to begin in the city of Shenzhen by the end of 2019, according to a media report. China is at last planning to conduct the first real-world test of its central bank digital currency (CBDC), fresh reports claim. According to local news outlet…
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This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400 and it might rise again. Similarly, many major…
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Major cryptocurrency exchange OKEx announced the upcoming launch of its Options Trading. This move comes ahead of CME’s Bitcoin (BTC) futures contracts, the testing of which started today. OKEx promised to launch options trading on December 27, offering both buy and write options. “Developed from the ground up, OKEx Options represents a complete upgrade to…
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