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“# Huobi launches regulated crypto exchange in Malaysia ” Huobi Global, Huobi Group’s flagship crypto exchange headquartered in Singapore, may have had a rocky fall in 2020 — at least, as circulating FUD and the rumors go. Today, Nov. 27, the brand has better news to announce, with the launch of another, independent platform licensed…
“# Chinese police seized crypto assets worth $4.2B today from PlusToken Ponzi ” The PlusToken controversy, which has led to the arrest of 109 individuals so far, has also reportedly resulted in a titanic seizure of crypto assets by Chinese authorities, worth $4.2 billion at today’s prices. According to court filings released publicly on Nov….
“# Exchanges outdo auctions for governments cashing in criminal crypto, says exec ” Earlier this week, Lithuania’s tax service, the Lithuanian State Tax Inspectorate, added $7.6 million dollars to the state budget through the sale of cryptocurrencies seized in criminal investigations. The occasion marked the first time that the Lithuanian government liquidated confiscated cryptocurrencies. In…
“# Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin ” The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United…
“# Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap ” New data suggests that “wholecoiners” — Bitcoin wallets holding 1 BTC or more — now account for 95% of the cryptocurrency’s entire capitalization. That leaves just 5% of the market cap divided among tens of millions of users with…
“# Majority of Indian investors see ‘no easy way to enter’ crypto ” A comprehensive survey from India’s CoinDCX exchange has found that most local investors don’t see an “easy way” to access exposure to crypto assets. That’s despite the country reversing a ban on financial institutions providing services to digital asset businesses earlier this…
“# Cointelegraph Consulting: Overwhelming bullish sentiment once again proves costly ” According to data collected from 1000+ crypto social media channels, the average crowd sentiment towards Bitcoin adapted from slightly bullish to overwhelmingly bullish over the days leading up to Thursday’s dramatic pullback, mirroring the levels previously observed during its May and August price tops,…
“# Bitcoin and blockchain topics to discuss with the crypto curious this Thanksgiving ” With Bitcoin’s (BTC) recent price movements drawing fresh attention to the blockchain industry, conversations centered around cryptocurrency have once again begun to see an uptick. Google Trends data shows that searches for the term “Bitcoin” have increased to yearly highs following the…
“# Record $7.4B Bitcoin futures open interest shows pros still expect $20K BTC ” Bitcoin (BTC) price failed to blast through the $20,000 level this week but multiple records related to volume and open interest were made on the way up to $19,484. One notable achievement was the open interest on aggregated futures contracts reached…
“# Bitcoin is disruptive, making its market cycles erratic, Horizen CEO says ” Launched nearly 12 years ago, Bitcoin (BTC) is known for its often volatile market cycles. Though some feel that Bitcoin’s position as a store of value keeps these cycles fairly consistent, Rob Viglione, co-founder and CEO of Horizen, disagrees. “The only consistent…