Crypto news

EOS Climbs Above 3.8953 Level, Up 2% Investing.com – rose above the $3.8953 threshold on Sunday. EOS was trading at 3.8953 by 20:26 (01:26 GMT) on the Investing.com Index, up 2.33% on the day. It was the largest one-day percentage gain since January 18. The move upwards pushed EOS’s market cap up to $3.6984B, or
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This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk Confidential: Davos. Jeremy Allaire is co-founder, chairman
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Former “shadow banker” Reginald Fowler pleaded guilty to charges of operating an unlicensed money transmission business during a court hearing Friday. In a hearing before the Southern District of New York, Fowler, a former co-owner of the NFL’s Minnesota Vikings, changed his original plea from not guilty, admitting to providing exchanges with banking services through
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Canada’s top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users’ digital assets. The Canadian Securities Administrators (CSA) said in guidance published Thursday the common exchange practice of custodying users’ assets – “merely providing users with a contractural right or claim to an underlying
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This is part of a series of op-eds previewing the World Economic Forum in Davos, Switzerland. CoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the annual gathering of the world’s economic and political elite. Follow along by subscribing to our pop-up newsletter, CoinDesk Confidential: Davos. Michael J. Casey is the
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EOS Climbs 10% In Bullish Trade Investing.com – was trading at $4.0192 by 03:16 (08:16 GMT) on the Investing.com Index on Friday, up 10.03% on the day. It was the largest one-day percentage gain since January 14. The move upwards pushed EOS’s market cap up to $3.7389B, or 1.50% of the total cryptocurrency market cap.
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Amid increasing activity within the crypto derivatives market, software maker Trading Technologies (TT) announced Wednesday it would provide trading tools to users of leading crypto exchange, Deribit. Included in the suite are advanced order types, charting and analytics as well as access to a feature allowing users to create algorithms for bot trading. TT users
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The Libra Association announced Thursday it had formed a technical steering committee to coordinate the design of the Libra platform. The new committee, composed of Anchorage co-founder Diogo Monica, Calibra core product lead George Cabrera III, Bison Trails founder Joe Lallouz, Union Square Ventures partner Nick Grossman and Mercy Corps emerging technology director Ric Shreves,
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Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has created its own insurance company to protect clients against the potential loss of coins from its offline vaults – with a possibly record-breaking $200 million coverage limit. Announced Thursday, the new “captive” will provide insurance for customers of Gemini Custody, the crypto cold storage
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EOS Climbs Above 3.6359 Level, Up 6% Investing.com – rose above the $3.6359 threshold on Thursday. EOS was trading at 3.6359 by 20:23 (01:23 GMT) on the Investing.com Index, up 6.12% on the day. It was the largest one-day percentage gain since December 17, 2019. The move upwards pushed EOS’s market cap up to $3.4919B,
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U.S.-based Kraken announced its plans for expansion into the Asia-Pacific (APAC) region on Tuesday after acquiring one of Australia’s longest-running cryptocurrency exchanges, Bit Trade. Kraken is aiming to position itself as the premier cryptocurrency service within the region, identifying Australia as a key growth area for retail and institutional clients. The financial terms of the
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