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Market Wrap: Bitcoin Ascends to $16.8K; Uniswap and Tether 35% of Ethereum Transactions

Bitcoin is knocking at the gates of $17,000 while Ethereum’s transaction growth in 2020 is a positive indicator of future financial use cases.Bitcoin (BTC) trading around $16,829 as of 21:00 UTC (4 p.m. ET). Gaining 6.1% over the previous 24 hours.Bitcoin’s 24-hour range: $15,792-$16,851BTC above its 10-day and 50-day moving

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Australia’s first crypto-friendly IPO will accept Tether

Australia’s crypto-friendly capital raising platform Stax has announced its client West Coast Aquaculture Group (WCA) will be conducting the country’s first initial public offering that accepts virtual currency as payment.Investors participating in WCA’s offering can purchase equity in the company using Tether (USDT) or Australian dollars. USDT was chosen over

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Blockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’

Chinese officials are cracking down on tether trades. The CME bitcoin futures exchange is heating up, signalling institutional interest. And Kik’s kin token will continue development following a $5 million SEC settlement. Top shelfRipple, across the pondRipple CEO Brad Garlinghouse has given more insight on the company’s possible move away from the

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New York Attorney General to Bitfinex and Tether: ‘Delays Must Stop’

The New York Attorney General’s office is losing patience with Bitfinex and Tether. NYAG senior enforcement counsel John Castiglione filed a letter Monday ahead of a conference between the regulator and the two cryptocurrency firms arguing it is way time they complied with a 17-month-old document production order detailing financial information

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