Major financial derivatives marketplace Chicago Mercantile Exchange Group (CME) is seemingly ready to launch its long-awaited options on Bitcoin (BTC) futures on January 13. As BTC’s market capitalization is growing, a number of options to trade this cryptocurrency is growing as well. We may not see ETFs (exchange-traded funds) in the U.S. for a while…
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The plaintiffs in a class-action lawsuit against cryptocurrency exchange Bitfinex and its parent company, iFinex, operator of stablecoin Tether (USDT), accusing them of manipulating the Bitcoin (BTC) market, have voluntarily withdrawn the lawsuit. Filed in the Western District of Washington court on January 7, the Notice of Voluntary Dismissal states that plaintiffs Eric Read more…
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Speaking to mainstream media, Sonny Singh publicly pledged his belief in BTC/USD beating its all-time high of $20,000 at some point this year. Bitcoin (BTC) will reach its highest price ever this year due to “unforeseen” events, which will draw in new buyers, one senior cryptocurrency industry executive says. In an interview with Bloomberg on…
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The American man attempting to sue AT&T after falling victim to an alleged USD 1.8 million “SIM swap” cryptocurrency theft says the telecoms giant is “unable to deny its involvement” in the loss of his funds. The man stated that AT&T neglected to make “sufficient data security systems and procedures,” allowing contract employees to hack…
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Dutch fintech company BUX has bought Amsterdam-based social cryptocurrency exchange Blockport for an undisclosed amount in a bid to spark interest from young European investors. BUX says the move will help address “the investing needs of European millennials.” The fintech firm plans to rename the platform BUX Crypto, and wants to make it available to…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news Japanese financial behemoth Mitsubishi UFG (MUFG)’s banking arm has announced that it has issued its first blockchain-powered letter of credit. MUFG is using a blockchain platform Read more »Pay,…
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The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency. The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency (CBDC). As domestic news outlet Sina reported on Jan. 10, People’s Bank of China (PBoC)…
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BSV-promoting Bitcoin Association has awarded a PhD student at Cambridge University with its Satoshi Nakamoto Scholarship. Bitcoin SV (BSV)-promoting Bitcoin Association has awarded a PhD student at Cambridge University with its Satoshi Nakamoto Scholarship, designed to support the development of blockchain applications. Per a Jan. 9 press release, Robin Kohze, a second-year human genomics PhD…
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Britain’s Financial Conduct Authority now monitors anti-money laundering and counter terrorism financing for companies carrying out cryptocurrency-related activities. Britain’s Financial Conduct Authority (FCA) now monitors anti-money laundering (AML) and counter terrorist financing (CTF) for companies carrying out cryptocurrency-related activities. According to an official announcement published on Jan. 10, FCA will supervise whether United Kingdom-registered businesses…
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Experts share their predictions for Bitcoin in 2020. Alexander Zaidelson, CEO of Beam I don’t think I have a solid basis for making such predictions, but I will try. Using the basic logic, we can play within the historical all-time high and all-time low boundaries. I think it is possible that at some point in…
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