Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency the Nigerian Naira. Major cryptocurrency exchange Binance announced that it opened deposits for fiat currency Nigerian Naira (NGN) on Oct. 24. Binance adds three new NGN trading pairs Per the announcement, NGN deposits will be processed by online payments processor Flutterwave and the…
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Galaxy Digital CEO and founder Michael Novogratz has hinted at new Bitcoin fund, with unconfirmed reports predicting a November launch. Michael Novogratz, Galaxy Digital CEO and chairman, spoke to CNBC’s Squawk Box where he said that a new Bitcoin (BTC) fund was in the works. Novogratz alludes to new funds in interview On Oct. 24,…
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Platform for instant crypto loans lowers borrowing rates on its credit line service after having secured long-term cost-efficient financing. Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines. Lowest rates in the blockchain ecosystem In a press release published Oct. 22, Nexo announced that it…
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Based on Finder’s survey of 2,068 Americans, 36.5 million people in the United States own some form of crypto to date. The number of Americans who own cryptocurrencies has almost doubled in 2019, from 7.95% in 2018 to 14.4%, according to a new survey by Finder. 36.5 million Americans own crypto Finder, an Australia-based financial…
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CEO of Canada-based blockchain technology firm Blockstream, Adam Back, said that the company is looking into ways how to help crypto users to safeguard their bitcoin (BTC) holdings even more. During an interview at the Lighting Conference in Berlin this past weekend, Back discussed the value of privacy and security but said that “managing backups…
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Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors. Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors, including Galaxy Digital…
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Veteran trader Scott Melker revisits some recent Bitcoin trades, as well as an interesting trade on altcoin Ankr Network (ANKR). In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USD Setting up the trade Entries:…
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Many so-called “Ethereum Killers” (EKs) plan major announcements in the coming quarters. How it might change the competitiive landscape? Co-founder of Placeholder, a New York venture firm that specializes in cryptoassets, Chris Burniske, weighed in. Major cryptocurrency exchange Binance, launched its own blockchain, Binance Chain, back in April, hosting its first Read more »Pay/Trade/Buy Bitcoin…
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CFTC chairman Heath Tarbert announced that LabCFTC will now operate independently from the agency and will be reporting to him directly. The United States Commodity Futures Trading Commission (CFTC) gives its fintech research unit LabCFTC status as an independent operating office. Blockchain and digital assets are an important part of development Established by the CFTC…
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Crypto trading platform Bakkt announced the launch of the first regulated options contract for Bitcoin futures. Bakkt, the U.S.-based physically-settled Bitcoin futures trading platform, was finally launched a month ago, after a long time and many high expectations. Now, according to their announcement from October 24th, the Bakkt Bitcoin Options contract was developed out Read…
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