November 2020 | Page 26 of 152 | Last Cryptocurrency News Feed

RSK-based DeFi protocol launches innovative decentralized exchange concept

Money on Chain is taking cues from gold market pricing for its DEX. 2465 Total views 7 Total shares DeFi protocol Money on Chain, a lending platform and stablecoin issuer based on Bitcoin (BTC) sidechain RSK, announced Wednesday the launch of TEX, an automated token swap platform based on an order book — with a…

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Coinbase Pro To Disable Margin Trading From December Citing CFTC Guidence

The Coinbase Chief Legal Officer Paul Grewal published a post earlier informing customers that the popular exchange will seize offering margin trading. Clients will not be able to place margin trading orders starting from 2 p.m. PT on November 25th, 2020. At the same time, the platform will cancel all open limit orders. The San…

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Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on Fire

Nov 25, 2020 at 12:02 p.m. UTCBitcoin ASIC miner (Credit: Shutterstock)Russian Hospitalized After Bitcoin Mining Farm Sets Apartment on FireA poorly organized cryptocurrency mining farm has caused a fire in an apartment in St. Petersburg, Russia, and injured the operator, according to a 78.ru report citing the Ministry of Emergencies.The resident of the seven-bedroom apartment…

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VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra

After failing to get approval from the SEC in 2019, the investment management firm finally gets a Bitcoin ETP to market. 1196 Total views 9 Total shares After spending much of 2019 unsuccessfully lobbying to get its exchange-traded fund, or ETF, approved by the United States Securities and Exchange Commission, investment management fund VanEck has…

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South Korea May Delay Implementation of 20% Crypto Tax Till 2022

Nov 25, 2020 at 11:25 a.m. UTCSouth Korean National Assembly building(Niyazz/Shutterstock)South Korea May Delay Implementation of 20% Crypto Tax Till 2022South Korea’s National Assembly is pushing for a delay to the introduction of specific taxation for digital assets.According to a report Wednesday by local news source DongA.com, a proposed legal amendment bringing in the tax…

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Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain Technology

Nov 25, 2020 at 10:47 a.m. UTC(Australian National Audit Office)Australia and Singapore to Trial ‘Paperless’ Trade Using Blockchain TechnologyThe Australian Border Force (ABF), the country’s customs and border protection agency, wants to simplify cross-border trade with Singapore using blockchain technology.Under the Australia-Singapore Digital Economy Agreement (DEA), a blockchain trial was launched this week in an…

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2 counterarguments for CNBC’s Brian Kelly who sees a $19K Bitcoin top

CNBC Fast Money trader Brian Kelly sees three potential signs of a price top as Bitcoin (BTC) hits $19,000. Both fundamental and technical factors suggest a pullback could be imminent as the rally becomes overextended.BTC/USDT 1-hour chart (Binance). Source: TradingView.comKelly named three reasons why a short-term Bitcoin pullback might occur. The reasons were the pump…

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Economic justice doesn’t need the blockchain, say advisors to ‘The Squad’

American progressives, particularly the high-profile group of Congresswomen known as “the Squad,” have been highly vocal on questions of economic equity, the corrosive social impact of Big Tech and the need to reimagine fiscal and monetary policy in the post-2008 and post-COVID-19 political moment.How do they view blockchain technologies and the subsequent debates that have…

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Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex Group

Nov 25, 2020 at 10:02 a.m. UTCJapanese yen(SNEHIT PHOTO/Shutterstock)Digital Yen Would Make Crypto Markets ‘More Lively,’ Says CEO of Monex GroupThe chief executive of Monex Group, a financial services firm based in Tokyo, believes central bank digital currencies (CBDCs) would be a boon for the cryptocurrency market.As reported by Reuters on Wednesday, Oki Matsumoto said…

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South Korean government to delay crypto-tax rules by three months

Following lobbying by the Korean Blockchain Association, crypto exchanges are given extra time to implement a new tax infrastructure. The South Korean National Assembly is planning to delay the implementation of new income tax laws on cryptocurrency gains following appeals from industry bodies.According to a Nov. 25 report on Korean-language news site DongA, the 20%…