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Bitcoin Dives Below $7K as Upbit Confirms $50M ‘Abnormal Withdrawal’

Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets.Cryptocurrency market daily overview. Source: Coin360Likely exchange hack rocks BTC priceData from Coin360 showed BTC/USD suddenly dive back into the $6,000 range on Wednesday, having previously held ground around $7,200. At press

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ICE Officially Confirms Dec. 9 Launch of Cash-Settled Bitcoin Futures

The Intercontinental Exchange (ICE)’s Bakkt platform has officially confirmed its forthcoming launch of a cash-settled Bitcoin (BTC) futures contract.In a news release published Nov. 22, ICE — the operator of 23 leading global exchanges, including the New York Stock Exchange — revealed that the contract will be listed on

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CFTC Chairman Confirms That Just Like Bitcoin, Ethereum Is a Commodity

The CFTC chairman confirmed that Ethereum qualifies to be a commodity and all the forked assets like the Ethereum Classic shall be subjected to similar regulatory considerations.According to the latest report from Yahoo Finance, the chairman of the United States Commodities and Futures Trading Commission called Ethereum (ETH) a commodity.Speaking

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Australian Securities Exchange Confirms It’ll Go Blockchain in 2021

The Australian Securities Exchange (ASX) has made new partners to apply blockchain to its registry, settlement and clearing systems (CHESS) in 2021.VMware and Digital Asset step inThe ASX confirmed its anticipation of delivering the CHESS replacement system by 2021, following a new agreement with NYSE-listed tech firm VMware and

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