IMF chief Christine Lagarde caused a bit of a stir, when she chimed into the cryptocurrency debate at the 33rd Asean Summit, held in Singapore: Having central banks issue digital currency can bring about financial inclusivity, better security and consumer protection, as well as allay privacy concerns. She could have stopped there, but she went…
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As if investors did not have enough to worry about when they choose to invest in new digital tokens, KuCoin, a cryptocurrency exchange operating out of Singapore, announced that it will be delisting ten coins on its exchange for noncompliance with its Special Treatment Rule framework. The company notes that this framework is “designed to…
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It is that time of year again when “wannabe” futurists try their hands at guessing what the future might bring. As we have learned from 2018, the cryptocurrency ecosphere is a fast changing tide of new ideas, new attacks from regulators and government officials, and, yes, new blockchain development projects and their respective Initial Coin…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: In the Asian trading session this morning, the foreign exchange market extended the performance of the US market closed last week. The US dollar index continued to slump, the euro performance continued to be above at 1.14, and the…
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Despite recent tumbling prices and a mild recovery in the crypto space, optimism is growing over major projects that plan to go live in 2019. One of the major programs will be Bakkt. Its platform “will allow institutional customers to perform various operations with digital assets as part of a seamless global network”. The mastermind…
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Just like Gold and Silver in the precious metals arena, Bitcoin and Ethereum have their own unique relationship in the crypto realm. It became apparent, however, in last week’s trading that the two cryptocurrencies can diverge, causing analysts to speculate on why such a divergence took place. How much of a divergence are we talking…
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Crypto enthusiasts unite! You can almost hear a rebellion a foot in the crypto world of “Hodlers”, jargon for anyone holding cryptocurrency for the long term. These folks are tired of hearing of exchange compromises and do not want to take it anymore. To raise public awareness of the issue and to determine if specific…
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The wheels of justice can turn awfully slowly at times, but eventually significant precedents are constructed, which can enable a torrent of lawsuits to follow where losses have been excessively harsh. Such is the case in the world of Initial Coin Offerings (ICOs), or so it seems, according to a recent court filing in the…
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It has been a rough year for cryptocurrencies. Valuations are down 80% and more in some quarters, and critics are claiming that a funeral may be in order. But not everyone has these same feelings. CEOs of many large concerns, both within and without the crypto universe, have spoken out about the long-term viability of…
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For the second time in the past few months, stock values have plummeted, while values for Bitcoin and its altcoin brethren have surged. There has been an ongoing debate among analysts and investors as to whether movements in the stock market can be correlated with those for cryptocurrencies. The possibility of such a “tethering” may…
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