Category: Cryptocurrency Exchange

Professional traders need a global crypto sea, not hundreds of lakes

February 28, 2021

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Coinbase’s IPO announcement has been hailed as “a milestone for the crypto industry” by Fortune Magazine. Similar to the Netscape IPO announcement that signaled the legitimacy of the internet, Coinbase’s impending public offering signals to the public at large that cryptocurrency trading is legitimate, legal and secure in the eyes of the Securities and Exchange […]

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Grayscale’s Bitcoin premium has dropped to record lows below zero

February 27, 2021

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Grayscale Investments’ GBTC might be the absolute market leader but it is currently trading below fair value as the TSX Purpose Bitcoin ETF is seeing record inflows. 19195 Total views 35 Total shares Grayscale Bitcoin Trust ($GBTC) is currently the largest listed cryptocurrency asset with $30.17 billion in assets under management. The firm currently holds […]

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Increasing stock market volatility drags Bitcoin and altcoin prices lower

February 26, 2021

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The cryptocurrency market faced another day of downward pressure as the unease in the traditional markets continues to spread following the recent interest rate spike on the 10-year U.S. Treasury bond.  Data from Cointelegraph Markets and TradingView shows that the price of Bitcoin (BTC) fell to a low at $44,710 late on Feb. 25 before […]

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Alpha Finance Lab rallies after integrating with Compound and Binance Smart Chain

February 26, 2021

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Alpha Finance Lab’s recent integration with Binance Smart Chain and Compound Finance triggered an 85% rally in the protocol’s ALPHA governance token. 18477 Total views 25 Total shares Alpha Finance Lab (ALPHA) experienced a price breakout on Feb. 25 as a series of significant partnerships has brought renewed interest in the cross-chain DeFi platform.  Data […]

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Creditors of Mt. Gox Bitcoin exchange to vote on draft refund plan

February 25, 2021

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Mt. Gox creditors will vote on a proposed draft compensation plan in October. 2995 Total views 15 Total shares The trustee of hacked, now-defunct cryptocurrency exchange Mt. Gox has posted another update on the long-running process of refunding the exchange clients. Nobuaki Kobayashi, a Tokyo attorney appointed to act as civil rehabilitation trustee to manage […]

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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital

February 24, 2021

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Polychain Capital has bet on a new decentralized finance exchange protocol looking to boost the adoption of stablecoins in DeFi. 4814 Total views 20 Total shares Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized for non-U.S. dollar stablecoins. DFX raised more than $5 […]

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Exchange tokens benefit as centralized exchanges battle with DeFi platforms

February 21, 2021

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Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX). Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally […]

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REN price rallies 60%, hitting a new high after recent DeFi integration

February 20, 2021

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REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain. 30482 Total views 51 Total shares Ren (REN) price underwent a strong 65% breakout on Feb.19 as the interoperability-focused protocol saw continuing accumulation from whale wallets holding more than 1 million REN. Data from Cointelegraph Markets and TradingView […]

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Binance’s brief pause of Ethereum withdrawals leaves community perplexed

February 19, 2021

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Binance paused ERC-20 withdrawals without offering a credible explanation, letting speculation about its true motives run wild. Binance had a hiccup with its withdrawals for Ether (ETH) and all ERC-20 assets on Friday, with users being unable to access any of their Ethereum-based assets for about one hour. The pause came abruptly, as the exchange’s Twitter account […]

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Banks increasingly interested in Bitcoin, says Elliptic co-founder

February 17, 2021

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Several financial institutions in the U.S. are “are seriously considering launching some type of cryptocurrency service,” an Elliptic co-founder said. 4325 Total views 31 Total shares Global banking institutions have been expressing more interest in Bitcoin (BTC) as the cryptocurrency consistently breaks new all-time highs, according to a new report. Tom Robinson, co-founder of major […]

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