Blockchain

Hong Kong Crypto Exchange to Offer Bitcoin Futures with 20x Leverage

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Hong Kong-based crypto exchange Coin Futures and Lending Exchange (CoinFLEX) has announced that it will be providing futures contracts for cryptocurrencies to Asian investors as from February 2019. CoinFLEX was launched in February 2018 as CoinfloorEX, a division of Coinfloor, the oldest British Bitcoin exchange. However, the venture has now announced that it will be breaking […]

Blockchain

Japan’s Financial Watchdog Might Approve Cryptocurrency ETFs After Saying No to Futures

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The Financial Services Agency of Japan is considering approving exchange-traded funds which track digital assets, Bloomberg reports. According to sources who confided in Bloomberg, the financial regulator is at the moment gauging sector interest in exchange-traded funds tracking cryptocurrencies. This comes less than a month since the financial watchdog put aside plans for cryptocurrency futures. […]

Blockchain

Coinbase De-Platforms Gab While Square Allows Bitcoin Withdrawals

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Gab, an anti-censorship social media platform, has reportedly been de-platformed by Coinbase, one of the world’s largest Bitcoin wallets and exchanges. On January 5, the Gab team said the accounts of both Gab and Andrew Torba, the CEO of Gab, were closed by Coinbase. As predicted: the on ramps and off ramps (exchanges) are going […]

Blockchain

Crypto VC Says Everyone’s Forgotten about Bitcoin: Why That’s Okay

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Placeholder co-founder Chris Burniske says the mainstream has forgotten about bitcoin. However, that’s not something to be upset about — it’s a normal phase of crypto’s development into a market-ready technology. Bitcoin Once Again Niche amid ‘Crypto Winter’ Burniske likely refers to the media outlets who have stopped reporting on the crypto industry and also […]

Blockchain

Bitcoin Price Smashes Through $4,000 — Is a Breakout Imminent?

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The bitcoin price on Sunday surged as high as 7.7 percent against the US dollar backed by a bullish yearly prediction. The bitcoin-to-dollar rate established its intraday peak at $4,085 but underwent a minor correction action to trade at $4,051 at press time. The pair had been attempting to break through $4,000 since December 28, […]

Blockchain

Bitcoin Does Not Threaten Global Economy According FSB

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Bitcoin and other cryptocurrencies do not pose a threat to the world economy, but should be monitored as the market “continues to evolve rapidly.” That’s the assessment of the Financial Stability Board (FSB), an international body that monitors the global economy. The observations were brought to light in a December 28 report by the Reserve Bank of India […]