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Bitmain Spin-Off Launches Crypto Exchange to Go After Booming Options Market

27.7.2020
Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options

BTC.TOP Launches 'Joint Mining' Platform, Users Pay After Breaking Even

27.7.2020
Crypto mining pool BTC.TOP, via its subsidiary B.TOP, now offers "joint mining" - enabling users to buy hash power, as well as pay the fees and share the profit once their revenue reaches the cost of the equipment they initially bought. "We hope to lower the entry barrier for those...

Crypto Exchange Data Shows Traders Long After Bitcoin Price Breaks $9.6K

25.7.2020
Multiple indicators are signalling that professional traders are bullish on Bitcoin derivatives, suggesting that the $10,000 level could soon be tested

Despite Stock Market Disaster Predictions, Bitcoin Markets Permeate Bullish Signals

24.7.2020
A number of Wall Street veterans like Bear Traps Report author, Larry McDonald, think that markets might see some “disastrous and unimaginable” impacts in the near future. Another seasoned analyst, Larry Williams, believes the S&P 500 will shudder after July 28. Despite the pending...

New Russian Law Bans Bitcoin Payments for Goods and Services

24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months

24.7.2020
The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level...

Ether Stalls After 8% Rally as Exchange Inflows Spike

23.7.2020
Ether is struggling to extend Wednesday's price rally amid increased inflow of ether onto cryptocurrency exchanges

South Korea to Charge 20% Tax on Bitcoin Profits Under New Law

23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...

Coinsquare’s Leadership Forced Out After Wash Trading $5.5B

22.7.2020
The CEO, President, and the COO of Canadian exchange Coinsquare have stepped down following an agreement with the Ontario Securities Commission

Robinhood, Under Cloud After User’s Suicide, Scraps UK Launch

21.7.2020
Stocks, ETFs and crypto investment platform Robinhood told prospective UK customers the launch in the country has been indefinitely postponed

Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch

21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...

Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns

21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....

CME Bitcoin Options Flatline After Record Growth in June

20.7.2020
Less than 0.2% of Friday's daily options trading happened on CME, according to data from Skew

Coincidence? Top 5 Swiss Bank’s Profits up 34% After Bitcoin Integration

20.7.2020
Julius Baer, a top-five Swiss bank, saw its net profit climb by 34% in the first half of 2020, a period during which it began offering digital assets like Bitcoin to its clients

Bitcoin Mining Firm Northern Data Slams ‘Trolls’ After Stock Drops 40%

18.7.2020
Northern Data’s head of finance calls whistleblowers “anonymous trolls” and says that the company is completely transparent

Best Defi Interoperability Solutions – Exploring Fusion vs Cosmos vs Polkadot

17.7.2020
After the famous bull market of 2017, the cryptocurrency market experienced a very long and harsh bear market. Whilst this makes for a complicated period for investors, it’s not a complete tragedy; even if prices have been disappointing, fundamentals, on the other hand, have never been...