Cryptocurrency Analysis and News Portal
Social media giant Facebook, which is currently trying to get regulatory approval for its Libra stablecoin project, reportedly shared details regarding the project’s proposed backing reserves.According to a report by Bloomberg on Sept. 9, Facebook told United States senators about the backing reserves for the stablecoin — a type
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Bitcoin is gaining massive popularity in Turkey, amid the continuous decline of the Turkish lira. According to a tweet on September 8, 2019, bitcoin is as popular as forex in the country. Forex Shortage Pushing Turkish Citizens to Bitcoin Didi Taihuttu, a bitcoin advisor who became known after selling all his properties
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United States Securities and Exchange Commission (SEC) Chairman Jay Clayton recently spoke with CNBC's Bob Pisani regarding the regulator’s latest take on Bitcoin (BTC) exchange-traded funds (ETFs).‘Progress is being made’Speaking with Pisani on Sept. 9, the SEC chairman stated that, although significant steps have been taken to address regulatory
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Apple (NASDAQ:AAPL) has been and continues to be an influential company; and if it’s looking at the crypto industry, you know virtual currencies must be doing something right. According to sources, that’s what the tech giant is doing, with VP Jennifer Bailey stating it is “watching cryptocurrency.” Here’s what we know.Apple
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Photo: HitBTCIt’s a brand new week, and even though it’s equally possible that it may bring us both a storm of surprises and a steady performance, we’re ready to face it all. Currently, the market is sitting in a position influenced by bearish sentiments. Armed with the most important
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Nickel Asset Management, a United Kingdom-based hedge fund manager, has raised $50 million for its newly launched crypto investment fund.According to a report from Finance Magnates on Sept. 9, the hedge fund has raised $50 million for its newly launched crypto investment fund, Nickel Arbitrage Fund, which aims to
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The Stellar Development Foundation, a non-profit founded to support the development of the open-source Stellar network, is launching a $120 million airdrop in collaboration with encrypted messenger Keybase.According to a Sept. 9 blog post, Keybase will be giving 100 million Stellar (XLM) each month over the next 20 months
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Stablecoin firm Tether announced the launch of a new stablecoin tied to the offshore Chinese yuan dubbed CNHT.According to an announcement on Sept. 9, Tether CNHT is pegged to the offshore yuan and available as an ERC-20 token on the Ethereum blockchain. The new currency joins Tether’s other stablecoins
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The Liechtenstein Cryptoassets Exchange LCX has cut a deal with Hollywood superstar actor Wesley Snipes to tokenize a $25 Million USD movie fund, investing in upcoming motion picture and television shows produced by the famous actor and his production studio Maandi House. advertisement Wesley Snipes said: “It’s an exciting time now that all
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Bitcoin (BTC) exchange PrimeXBT announced that it partnered with blockchain development firm Bitfury in order to ensure regulatory compliance.According to a press release published on Sept. 9, PrimeXBT will be using Bitfury’s blockchain analytics and cryptocurrency compliance software Crystal. The exchange hopes that the implementation will heighten its Anti-Money
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