Cryptocurrency Analysis and News Portal
Traditional finance is going further down the crypto rabbit hole than you might think.Goldman Sachs, ICAP, JPMorgan, and UBS have bought the first exchange-traded product (ETP) that offers exposure to Polkadot’s DOT cryptocurrency for clients, according to Bloomberg terminal data reviewed by CryptoX.These banks and brokerages purchased small amounts of
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Prosecutors say the 280 accounts hold crypto stolen from two exchange hacks last year. Source
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Quick take:Traditional markets have reacted positively to news of a possible COVID19 vaccine by Moderna.The optimism should spread to Bitcoin as BTC is highly correlated to the S&P 500.Since mid-June BTC has suffered from a lack of volatility.The inventor of Bollinger Bands, John Bollinger, has suggested a move by BTC
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The U.S. Treasury Department's Office of Foreign Asset Control has added 20 new bitcoin addresses associated with two individuals to its list of sanctioned individuals.According to an update to OFAC's "Specially Designated Nationals" (SDN) list, Jiadong Li and Yinyin Tian are accused of being linked to the Lazarus Group, a
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French asset management firm Napoleon AM has launched a new fund tied to CME's cash-settled bitcoin futures. Source
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Swiss crypto finance firm Amun says it’s received significant institutional interest in its exchange-traded product tied to Binance Coin (BNB). Source
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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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