Crypto Traders’ Lawsuit Claims Bitfinex, Tether Cost Market Over $1 Trillion
A new lawsuit claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market, harming traders and benefiting themselves.
Now Traders Can Make Bets on When Facebook’s Libra Will Launch
Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project.
Asia’s Bakkt? AAX Rolls Out Crypto Trading With London Stock Exchange Tech
Crypto futures exchange CoinFLEX is issuing derivatives linked to the launch of the Facebook-led Libra cryptocurrency project.
The SEC Does Not Want Crypto ETFs — What Will It Take to Get Approval?
October has been a busy month in the race to register the first crypto exchange-traded fund compliant with the requirements of United States regulators. Following the Chicago Board Options Exchange withdrawing its proposal for VanEck/SolidX Bitcoin ETF earlier in September, the ETF filing from Bitwise Asset Management and NYSE Arca was turned down by the Securities and Exchange Commission on Oct. 9. The regulatory authority remained unconvinced of the applicants’ ability to prevent manipulative practices to the extent required by a national securities exchange.
Peter Schiff: China's Gold-Backed Crypto Would Be Bearish for Bitcoin
China launching a digital counterpart of the yuan backed by gold puts Bitcoin (BTC) at a disadvantage, veteran gold bug Peter Schiff claims. In a tweet on Nov. 2, Schiff, notorious for his cynicism when it comes to Bitcoin, attempted to counter criticism of his stance by Keiser report host, Max Keiser.
Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?
On Nov.4 Stellar Lumens announced the completion of a 50% token burn of their total supply. This led to the destruction of 55 billion (XLM) tokens and the Stellar Development Foundation explained that the token burn was designed to provoke efficiency within the Stellar ecosystem.
Bakkt Set to Smash Bitcoin Trading Volume Record in November
Bitcoin (BTC) futures trading on the Intercontinental Exchange Bakkt platform is seeing a considerable rise in average daily volume so far this month compared to September and most of October.
BitMEX Email Data Leak Fallout Is Serious, Many Users Already Affected
On the first day of November, it came to light that popular crypto derivatives exchange BitMEX had accidentally leaked sensitive data related to its users, which occurred as a result of the company failing to apply a blind copy protocol to its mass mail servers.
China’s President Xi Has ‘Credentialized’ Cryptocurrency, Says Novogratz
China’s President Xi Jinping gave credibility to blockchain and crypto by calling the country to accelerate blockchain adoption, said Galaxy Digital CEO Mike Novogratz. The cryptocurrency investor delivered his remarks speaking at the Reuters Global Investment Outlook 2020 Summit in New York on Nov. 5.
Ether Price Breaks Key Resistance — Can It Repeat Bitcoin’s 42% Gain?
Over the past week Ether (ETH) has shown that it is not permanently hinged to Bitcoin’s (BTC) price action and notably, a number of altcoins are also beginning to forge their own paths higher.