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Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
23.7.2021
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies....
‘Buy now pay later’ firm Zip plans to offer crypto trading in Australia and the US
23.7.2021
“We know our younger generation of customers seek additional products and services that are relevant to them,” said Zip co-founder Peter Gray
JPMorgan Begins Offering 5 Cryptocurrency Funds to Clients
23.7.2021
Global investment bank JPMorgan has reportedly green-lighted its advisors to provide clients with access to five cryptocurrency funds. The funds are available to all JPMorgan’s wealth management clients seeking investment advice. The move makes JPMorgan the first large bank to expand crypto...
Billionaire Thomas Peterffy Invests in Crypto, Says There’s a Chance It Could Be ‘a Dominant Currency’
22.7.2021
The founder and chairman of Interactive Brokers, Thomas Peterffy, has revealed that he put money in crypto because he believes “there’s a small chance that this will be a dominant currency, so you have to play the odds.” Interactive Brokers Chairman Invests in Crypto Thomas...
South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules
22.7.2021
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services...
Multi-asset exchange wins crypto trading license in Bermuda
21.7.2021
Bermuda Premier David Burt said that 24 Exchange’s regulatory approval is the “first license of its kind to be issued in Bermuda.”
Trading firm of richest crypto billionaire reveals buying 'a lot more' Bitcoin below $30K
21.7.2021
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000
Turkish Draft Law Regulating Cryptocurrencies Enters Parliament in October
21.7.2021
The Turkish government has prepared a bill designed to implement new regulations for the country’s crypto space. The legislation, which will be filed in the parliament this fall, will introduce taxation for crypto holdings and specific capital requirements for companies operating with digital...
FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion
21.7.2021
FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence. FTX Closes Largest Capital Raise...
MTI Investors Urged to Ignore Fake Bitcoin Recovery Offers
21.7.2021
Beleaguered Mirror Trading International (MTI) investors have been told to ignore unsolicited offers from individuals claiming to have the ability to trace and recover their missing bitcoins. This warning from the court-appointed liquidators was made after reports emerged that several MTI investors...
Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO
20.7.2021
An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the...
Bitcoin Slides Under $30K, Stablecoins Eclipse Trade Volumes, Crypto Interest Depletes
20.7.2021
The price of bitcoin has slid under the $30K zone on Tuesday, dipping to $29,300 per unit during the early morning trading sessions (EDT). The global cryptocurrency market capitalization of all the crypto coins in existence is $1.19 trillion as it decreased by more than 6% in the last day....
EtherLite (ETL) Token Is Now Listed on Bitcoin.com Exchange
20.7.2021
PRESS RELEASE. Bitcoin.com Exchange is thrilled to announce the listing of ETL, being available to trade on the 19th July 2021 at 16:00 UTC. ETL was created by the EtherLite team, as the utility token for their borderless, decentralized network with validators and community members from all around...
Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
20.7.2021
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar...
Elon Musk Reaffirms Support for Dogecoin, Changes Profile Picture — DOGE Trading Volumes Jumped 1,250% in Q2
20.7.2021
Tesla and Spacex CEO Elon Musk has continued to tweet about the meme cryptocurrency dogecoin. He has changed his profile image on Twitter to include an image of the Shiba Inu dog that represents dogecoin. He also tweeted that his son is “hodling his Doge like a champ.” Meanwhile...
Here's how altcoin futures volumes and the USD lending rate signal market crashes
20.7.2021
Data shows that the dollar lending rate and futures volumes of select altcoins can be tracked to pinpoint overheated markets before a crash
Coinbase sued over Dogecoin Sweepstake ad Campaign
19.7.2021
Plaintiff alleges “deceptive ad campaign” cost Coinbase users millions of dollars
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
19.7.2021
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading...
Robinhood warns a crypto drop is coming amid IPO filing
19.7.2021
According to the trading app, it expects its Q3 2021 revenue to be lower as a result of increased crypto trading in the first quarter, driven in part by Dogecoin
Rubic and Harmony Partner to Enhance Trading Accessibility
19.7.2021
Announcing its strategic partnership with Harmony, Rubic, in a communique, said that it has joined hands with the former to bring extended convenience for the traders and investors. This partnership will enable investors to trade directly on the network of Harmony while using the exchange platform...