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Bitcoin in Brief Tuesday: NY Regulator Approves Bitcoin Cash, Zcash and Litecoin Trading

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The slow but steady growth in the limited trading options available to American investors on regulated exchanges is the main focus of today’s edition of Bitcoin in Brief. Additionally covered are a surprise resignation, another ransomware attack, and much more. Also Read: Steve Eisman of ‘The Big Short’ Fame: What Value Does Cryptocurrency Actually Add? … Read more

Ripple Sued for Alleged Violations of US Securities Laws

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A class action lawsuit has been filed against Ripple Labs, its CEO, and subsidiary. The plaintiff alleges that the defendants have violated the state and federal securities laws, engaging in schemes to raise hundreds of millions of dollars through the sale of unregistered ripple tokens (XRP). Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space … Read more

NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses

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This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the … Read more

Gemini Launches Block Trading to Attract Institutional Investors

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The Gemini exchange is constantly evolving and adding new features. Considering that this platform is mainly aimed at institutional investors, it is only normal that it adds features and tools which benefit those users. In particular, the introduction of block trading is pretty intriguing. Explaining the Concept of Block Trading Cryptocurrency users who have paid close attention to how exchanges … Read more

Bitcoin Price Watch: Currency Settles at $6,800 After Drop to $6,700

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Bitcoin is currently standing at $6,800. After a weekend rise to $7,000, the coin’s ascension was halted suddenly and fell back to the $6,700 mark. It has risen by over $100 since yesterday. The previous rise could be attributed to major financial players getting involved in the crypto space. After repeatedly calling bitcoin a “bubble” … Read more

Adding Bitcoin Cash and Litecoin Is Main Goal of 2018 for Gemini Exchange

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Bitcoin cash and litecoin futures might be coming to Cboe as soon as this year. The Gemini exchange, which supplies the data feed for the trading venues’ recently launched bitcoin futures, has as its top priority for 2018 adding support for trading new currencies, starting with two of the top five coins by market cap. … Read more

NY Regulator Demands Vigilance Against Market Manipulation from Bitlicense Firms

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Accusations, rumors and fears of manipulation in the cryptocurrency market have been around for a long while now. The most recent one involves Tether supposedly artificially propping up the price of bitcoin by printing USDT. Now one regulator demands that companies in its jurisdiction will take action against such possible risks. Also Read: Weiss Ratings … Read more