Cryptocurrency exchange Huobi is launching a local gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah and Tether. Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT). In a Dec. 27 press release, the Huobi Group announced that the launch…
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Data clearly suggests a link between Bitcoin’s price volatility and global Google searches for the top crypto. Last month, the value of Bitcoin (BTC) nosedived to around the $6,500 mark after having stayed above the $8,000 threshold for a considerable period before that. This downturn showcased Bitcoin’s worst market performance over the past seven months…
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Binance, the second largest exchange by daily trading volume, has extended trading pairs for the Turkish lira and the Russian ruble. Binance, the second-largest exchange by daily trading volume, has extended trading capabilities for the Turkish lira (TRY) and added a new trading pair for the lira and the Russian ruble (RUB). Binance users can…
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OKEx new feature aims to stimulate Dai trading, while statistics show that Tether still controls the lion’s share of the stablecoin market. Malta-based cryptocurrency exchange OKEx has added support for a new feature that allows users of stablecoin Dai (DAI) to earn interest by staking their holdings. In a blog post on Dec. 17, OKEx…
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New York Attorney General continues to push to investigate the alleged multimillion dollar coverup involving Bitfinex and Tether. In a filing with the New York State Supreme Court’s Appellate Division, New York Attorney General Letitia James roundly criticized the efforts of Bitfinex and Tether to halt her office’s investigation into the companies. Bitfinex and Tether…
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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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Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.” Tether-affiliated crypto exchange Bitfinex is battling a new class action complaint, deemed by the firm to be both “mercenary and baseless.” In an announcement published on Nov. 24, the exchange revealed the lawsuit was…
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A new report from the non-profit Human Rights Foundation analyzes the censorship and privacy landscape of stablecoins. The non-profit Human Rights Foundation (HRF) has analyzed the censorship and privacy landscape of stablecoins in a report published on Nov. 20. For privacy coins that are not stablecoins, the largest single-week losses so far this year have…
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Despite crypto markets reclaiming the capitalization boasted in Nov. 2017 and record volumes, altcoins have seen a declining market share. At present, the combined capitalization of the 2,022 crypto assets with a known market cap was roughly $222 billion. On Nov. 19, 2017, just weeks before the current all-time highs would be set for the…
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Research from crypto analytics firm Longhash claims to have debunked the recent single-whale theory of the 2017 Bitcoin bull run. Blockchain education platform Longhash has released research that it claims debunks the recent single-whale theory of the 2017 Bitcoin (BTC) bull run. On Nov. 18, researchers at crypto analytics firm Longhash announced that they have…
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