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Tradings


IG Group, a UK online derivatives trading company, has seen a “markedly” slower rate of cryptocurrency trading since the new year, even though the company had stated that their third quarter experienced a “bumper performance” due to the rising popularity of cryptocurrency derivatives, the Financial Times reports today, March 22. According to IG group data, …

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China’s major state-backed Shenzhen Stock Exchange (SZSE) started investigating a company that recently announced plans to open a Blockchain research lab for applications in the medical industry, reports local media Jinse today, March 21. On Tuesday, March 20, SZSE issued a letter ordering healthcare device manufacturer Lifesense to disclose information on its plans to launch …

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Last week, The Korea Times, a mainstream media founded by the country’s largest newspaper Hankook Ilbo, reported that sources within the government revealed the plans of local financial authorities to legalize initial coin offerings (ICOs) in the future. “The financial authorities have been talking to the country’s tax agency, justice ministry and other relevant government …

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Yi Gang, who was “unexpectedly” appointed to serve as new governor of the People’s Bank of China (PBOC) on March 19, could soften the institution’s stance towards cryptocurrencies, given his previously reported positive views on Bitcoin (BTC). According to reports from Chinese media, Yi spoke about Bitcoin at the end of 2013, when he said …

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This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. As Bitcoin and cryptocurrencies gain more and more media coverage, investors who have never been involved in crypto are increasingly asking the question of whether cryptocurrencies could provide meaningful portfolio …

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Binance, the largest cryptocurrency exchange by trading volume, announced that it is officially developing a public Blockchain to create a new decentralized exchange, according a statement on March 13. Binance’s vision that “centralized and decentralized exchanges will co-exist in the near future, complementing each other” inspired them to develop the Binance Chain, which  will be …

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Japan will call on the G20 member governments to concentrate on developing a common anti-money laundering (AML) strategy for cryptocurrencies during the annual summit in Buenos Aires on March 19-20, Reuters reports March 13, quoting a “government official with direct knowledge of the matter.” Japan’s government official told Reuters that at the moment the country’s …

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Canadian mass media and information company Thomson Reuters has announced the launch of a Bitcoin (BTC) sentiment data feed, according to a Thomson Reuters press release published today, March 12. The release states that through the partnership of Thomson Reuters and MarketPsych Data LLC, the company is releasing a new version of its MarketPsych Indices …

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Japanese cryptocurrency exchange Coincheck is starting to refund customers that were affected by the Jan. 26 hack of around $534 mln worth of NEM, as well as allowing the withdrawal and sale of certain cryptocurrencies, according to two press releases published today, March 12, on Coincheck’s website. Withdrawals of the following currencies, Ethereum (ETH), Ethereum Classic …

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2. To be centralized means to trust somebody else to handle your money. In the past, the word “centralized” was a given for all institutions that managed finances.To be centralized means that there is a trusted middleman to handle whatever asset may be in a trade. In a bank, for example, a customer gives their …

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China has banned cryptocurrency trading and initial coin offerings (ICO) in late 2017 and reaffirmed its negative stance towards the market this year. Still, local developers are continuing to introduce innovative Blockchain projects on the global stage. Stricter crackdown In 2018, the Chinese cryptocurrency industry and the market saw a stricter crackdown on cryptocurrency trading …

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Crypto exchange and wallet Coinbase has announced the creation of both the Coinbase Index Fund and Coinbase Index in a Medium post yesterday, March 6. The Coinbase Index Fund, whose “basket of digital assets” includes all of the Coinbase exchange GDAX’s four coins — Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) — is …

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The South Korean government has banned its own officials from holding and trading cryptocurrency, which is considered to be ‘the first time the government has formulated a virtual currency ban for all public officials,” Maeil Business reported on March 1.   According to Maeil Business, the Ministry of Personnel Management issued a document entitled “Virtual …

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New Brunswick, Canada’s financial watchdog warned cryptocurrency investors of a potential scam website Bitcoin-bank.io that claims to be a “cryptobank” in an investor alert published Monday, Feb. 5. According to the statement, the Financial and Consumer Services Commission (FCNB) started investigating the company profile after Bitcoin-bank.io appeared in ads on a Canadian online classified website. …

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Bitcoin’s sideways price action has led to the lowest number of confirmed transactions per day since March 2016, according to Blockchain.info. Data shows BTC transactions falling in line with downward trends in price since the all-time highs of December 2017. The number of transactions reached a two-year low on Feb. 26 with only 180,000 confirmed …

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Rabobank, a major Dutch bank with €681 bln under management, roughly equal to $838 bln, is looking into options for developing a cryptocurrency wallet within its online banking environment, according to a press release published Feb. 28. The idea of a digital wallet for the bank’s own cryptocurrency project “Rabobit” was offered under the bank’s …

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Bitcoin prices reached weekly highs of $11,189 Monday, Feb. 19 as the largest cryptocurrency met resistance around $12,000. Data from major exchanges tracked by Coinmarketcap showed BTC/USD suddenly retaking $11,000 before momentum reversed at just under $11,200. The latest peak is around $700 lower than Bitcoin’s 2018 high of $11,901, achieved Feb. 21 before a …

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Goldmoney, the world’s largest gold savings and transfer network, has added two more major cryptocurrencies to its cold storage service, according to a press-release published Feb. 27. The company, which already provides a cold storage service for Bitcoin (BTC), announced it is now adding “Anti-Money Laundering (“AML”)-Compliant” Ethereum (ETH) storage, with Bitcoin Cash (BCH) storage …

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The Fraunhofer Institute for Photonic Microsystems (IPMS), based in Dresden, Germany, intends to use Blockchain concepts for the development of wireless radio-frequency identification (RFID) sensor systems in the logistics sector, according to a Feb. 22 press release. The use of Blockchain solutions for the decentralized storage of data generated by RFID sensors could be made …

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Austria’s Finance Minister Hartwig Löger is considering basing cryptocurrency regulations on the trading rules already in place for gold and derivatives as a way to prevent crypto from being used in money laundering, Bloomberg reported Friday, Feb. 23. Löger spoke with Portugal’s Finance Minister Mario Centeno about his plans for pan-European Union crypto regulations on …

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