Cryptocurrency

Indian Regulator Bans Advisors from Dealing with Unregulated Assets

Indian Regulator Bans Advisors from Dealing with Unregulated Assets

Indian securities market regulator, the Securities and Exchange Board of India (SEBI), issued a notice on Thursday warning the regulated investment advisors to refrain from dealing with unregulated assets. Though the market watchdog only mentioned digital gold in the notice, many are anticipating it to be a warning against booming cryptocurrency investments in the country. …

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Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

Ethereum Jumps 21% Higher This Week, Second Largest Crypto Market Nears All-Time High

After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market Cap The digital currency ethereum …

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As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%

As the Crypto Economy Nears $3 Trillion, Top 10 Crypto Exchanges Hold Over $206B, More Than 7%

The crypto economy has come awfully close to nearing the $3 trillion handle as far as the value of all 10,000+ crypto assets is concerned. Today, crypto market aggregation sites show the entire crypto-economy at $2.756 trillion is worth more than the value of Apple’s market cap at $2.467. Furthermore, the top ten crypto-asset exchanges, …

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Al Ansari Exchange Collaborates with Ripple

Al Ansari Exchange Collaborates with Ripple

Ripple, one of the world’s leading blockchain firms, recently announced that Al Ansari Exchange, a UAE-based foreign exchange and global money transfer company, has joined RippleNet, Ripple’s global cloud-based financial network technology. In an official announcement, Ripple mentioned that Al Ansari Exchange will connect with leading money transfer technology company MoneyMatch to provide same-day remittances …

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Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit

Bitcoin Smashes Through All-Time High Surpassing $66,000 per Unit

The spot price of bitcoin smashed through the leading crypto asset’s all-time high (ATH) surpassing $66,000 per unit after the first bitcoin exchange-traded fund (ETF) was launched in the United States. The last time bitcoin touched an ATH six months ago on April 14, 2021, the price tapped $64,804 per unit. Bitcoin Records New All-Time …

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Analyst That Said $200-300K Bitcoin ‘Looks Programmed’ Still Says BTC Price ‘Nowhere Near a Top’

Analyst That Said $200-300K Bitcoin ‘Looks Programmed’ Still Says BTC Price ‘Nowhere Near a Top’

On Wednesday, just before bitcoin surpassed the digital asset’s all-time high (ATH), the crypto analyst known as “Techdev” says the “2-week chart looks strong and ready for much higher highs.” Just 26 days ago, Techdev said that “$200-300K bitcoin looks almost too programmed” and this week, the analyst noted that we are “nowhere near a …

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Komainu to Explore Japanese Institutional Crypto Custody Solutions

Komainu to Explore Japanese Institutional Crypto Custody Solutions

Komainu, a digital asset custody services provider, announced on Wednesday that it has entered into a Memorandum of Understanding (MOU) with Crypto Garage and Nomura, an investment bank giant, to explore providing crypto custody services to institutional customers in the Japanese market. According to the press release shared with Finance Magnates, the custody services provider …

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Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

Proshares Bitcoin Strategy ETF Debut Captures Close to $1 Billion in Volume

The first bitcoin exchange-traded fund (ETF) launched in the United States and smashed records on Tuesday, capturing close to $1 billion in total volume. Eric Balchunas, the senior ETF analyst for Bloomberg said that the Proshares Bitcoin Strategy ETF (BITO) definitely “defied expectations.” Proshares Bitcoin ETF Commands Serious Volume Proshares Bitcoin Strategy exchange-traded fund (BITO) …

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Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball

Coinbase Becomes Exclusive Cryptocurrency Platform for NBA, WNBA, USA Basketball

Cryptocurrency exchange Coinbase has partnered with the National Basketball Association (NBA). The Nasdaq-listed crypto company is now the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League, and USA Basketball. NBA’s First Cryptocurrency Platform Partnership The Nasdaq-listed cryptocurrency exchange Coinbase and the National Basketball Association (NBA) …

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Facebook Chooses Coinbase to Pilot Its Crypto Wallet Novi

Facebook Chooses Coinbase to Pilot Its Crypto Wallet Novi

Coinbase, a US-listed cryptocurrency exchange, has been tapped by social network giant Facebook to pilot its new crypto wallet Novi. According to a blog post published on the exchange’s website, the pilot is being supported via Coinbase Custody. Among its features include securing funds through Coinbase’s own segregated cold storage capabilities for managing private keys. …

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Exclusive: Blockasset Taps Well-Known Artist Dosbrak for NFTs Collection

Exclusive: Blockasset Taps Well-Known Artist Dosbrak for NFTs Collection

Blockasset, a non-fungible token (NFT) platform specific to sports, has partnered with well-known digital artist Dosbrak for the launch of an upcoming collection of NFTs, Finance Magnates has learned. The new NFTs collection will be called Legends Collection and the platform has also partnered with five athletes from five different sports: football, boxing, rugby, athletics, …

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Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

Top Ten Crypto Market Capitalizations Shifted a Great Deal Since the Last Time BTC Hit $60K

The price of bitcoin recently jumped above the $60,000 per unit mark on October 15, and the leading crypto asset has not seen prices this high since mid-April six months ago. However, as far as the top digital assets are concerned, in terms of market capitalization, things are a whole lot different. For instance, ether …

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The ‘Holding Billionaires Accountable’ Lie — Media, Big Tech Fact Checkers Mischaracterize Angst Toward Biden’s Tax Proposal

The ‘Holding Billionaires Accountable’ Lie — Media, Big Tech Fact Checkers Mischaracterize Angst Toward Biden’s Tax Proposal

U.S. citizens and financial institutions are concerned about the Biden administration’s goals to get banks to report to the Internal Revenue Service (IRS) aggregate inflows from a customer’s bank account annually that exceed $600. Mainstream media is reporting and Big Tech’s swarm of fact-checkers have said that some lawmakers are mischaracterizing the proposal. Biden Administration’s …

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