The buzz around Facebook's Libra stablecoin is gone off through the roof, as some might say. The truth is that the cryptocurrency project undertaken by Facebook has shaken regulatory bodies around the world so "violently" that they cannot simply decide if Libra is a huge opportunity or huge threat. However, there are certain details around…
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After more than one decade, Bitcoin continues to be the market leader according to its share of overall crypto market capitalization. Yes, dominance dropped drastically during 2017, when altcoin development projects flooded the market, but Bitcoin had clawed its way back to a 50% share by the close of 2018. It remained so until this…
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One unique characteristic of nearly all things crypto is that they are digitized in a way that yields instant online real-time data, and where there is data, there is always the potential to delve deep to find helpful “nuggets” of information. If you are smart enough and clever enough, a trader in cryptos can also…
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Asia-based digital assets custodian Hex Trust announced earlier today that it has selected TradAir to provide clients with the ability to trade digital assets directly from the Hex Safe custody platform. Hex Trust bridges the gap between traditional custody and the digital asset world. Hex Trust now extends trading capabilities to its users, deploying TradAir’s…
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Recovery, then steady as she goes, or so goes another average week of Bitcoin range bound trading. The good news is that BTC did rebound from a $9,300 dip that weighed heavy on Bitcoin enthusiasts, who had begun to give up hope of even the possibility of another major rally toward an All-Time-High (ATH). Such…
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Binance, despite some bad luck in the past, continues to disrupt new crypto markets, as the latest move of the exchange is to launch a trading desk operation for the US market in the upcoming several weeks. This comes off as great news for US-based clients, as some were worried about Binance's strategy in the…
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Just when Mark Zuckerberg and his executive team had thought that the nasty news about Facebook and its Project Libra had died down a notch, out comes Yves Mersch, executive board member at the European Central Bank (ECB), with a blistering attack that opened up old festering wounds. “Treacherous promises”, and “Cartel-like behavior” are not…
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The largest cryptocurrency exchange Binance is now launching a new USD-pegged stablecoin in the U.S. The more exciting news is that the new coin, called BUSD, has been approved by the New York Department of Financial Services or NYDFS. The other partner on the project is Paxos Trust Company. The Binance stablecoin will be pegged…
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And once again, Bitcoin rises from the ashes, astonishing its critics and advocates alike. When every technical measure on nearly every chart was pointing down, Bitcoin responded appropriately by reversing course and heading upward with new vigor. We may soon have to refer to Bitcoin as the “Comeback Kid”, if this scenario keeps repeating itself.…
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While regulatory bodies around the world are still making their minds up about cryptocurrency regulation, Netherland's central bank, De Nederlandsche Bank (DNB), has just announced that it will start regulating the crypto sector in the country by January 10, 2020. DNB has invited all crypto exchanges and wallet providers to submit more information about their activities…
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