Tag: cryptocurrency exchange

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DeFi hype and upcoming mainnet upgrade back Zilliqa’s (ZIL) 69% rally

New partnerships, network upgrades, and a surge in DeFi activity sent Zilliqa price on a strong month-long rally. In the past month, Bitcoin (BTC) and Ether (ETH) basked in the limelight as each rallied to new yearly highs. Investors tend to focus their energy on the larger cap altcoins, which leads to smaller cap coins…
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Record $7.9B Bitcoin futures open interest shows bears are watching BTC price

Bitcoin price may have broken above $20,000 but the 40% decrease in volume shows bears are watching BTC closely. Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total…
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Former Cisco CFO joins Coinbase board as mainstream recognition grows

Kelly Kramer joins an impressive board comprised of executives from various industries. Digital currency exchange Coinbase welcomed a new member to its Board of Directors on Wednesday, as it continues to draw on expertise from outside the cryptocurrency sector.  Kelly Kramer, former CFO at Cisco, will serve as Chair of Coinbase’s Audit and Compliance Committee,…
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Japanese financial giant SBI acquires crypto trading firm B2C2

Japanese financial services firm SBI has acquired a 90% stake in trading firm B2C2, hopes to attract institutional investors into crypto. Japanese financial giant SBI has completed another cryptocurrency-related acquisition in a move to bring more adoption to the industry. SBI Financial Services, a subsidiary of SBI Holdings, has acquired United Kingdom-based crypto trading firm…
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Fidelity-backed crypto trading platform OSL secures license in Hong Kong

OSL is now officially licensed to operate regulated brokerage and automated trading services for digital assets. OSL, a major digital asset platform in Asia and a unit of Fidelity-backed BC group, has been officially licensed by the Securities and Futures Commission of Hong Kong. According to a Dec. 15 announcement, the new license allows OSL…
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Mt. Gox trustee files draft rehabilitation plan

Mt. Gox is inching closer to refunding its users one day. On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the draft rehabilitation plan and determine whether…
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Binance Visa cards are now shipping to European customers

Ether payments are now available on the Binance Visa card, which is now shipping to customers in the EEA region. Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards in the European Economic Area. According to a Dec. 14 announcement, users in the EEA region will soon receive their physical…
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4 key Bitcoin price metrics explain why investors are buying each BTC dip

An assortment of Bitcoin futures and options indicators are signaling that investors view every BTC dip as a buying opportunity. As Bitcoin (BTC) tested a $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. The week may have finished at the same level where it started, but the fundamentals…
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5 key metrics signal Ethereum price is ready to make a new 2020 high

Ethereum price is closing in on $600 and multiple metrics suggest the top altcoin is ready to notch a new 2020 high. Ether (ETH) price might have had a disappointing week after its price failed to hold the $600 level, but the fundamentals of the network and cryptocurrency remain solid. Traders are known for having…
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France moves to ban anonymous crypto accounts to prevent money laundering

France is preparing new frameworks to prevent anonymity in crypto. French financial authorities are strengthening the country’s cryptocurrency regulations in a move to prevent illicit activities like money laundering and terrorism financing. On Dec. 9, several ministries in France jointly introduced an order aiming to prevent anonymous digital asset transactions by banning anonymous crypto accounts.…
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