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Bank Broker TP Icap Eyes Entry into Cryptocurrency Sector

Interdealer broker TP Icap, one of the world’s largest institutions within the financial, energy, and commodities markets, is about to approach virtual currencies. It has set up a working group for the purpose of analyzing the best way…
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BitMEX CEO: Bitcoin Hasn’t Seen the Worst, $5,000 Imminent Before Big Rally

On CNBC’s Fast Money, BitMEX CEO Arthur Hayes reaffirmed his stance on the price of bitcoin stabilizing in the $5,000 region before initiating the next rally. Is a 30% Drop Imminent? On July 1, Hayes appeared on CNBC’s Fast Money and discussed…
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HSBC Global Head of Digital Says the Bank Is ‘Cautiously Looking’ at Crypto Investment

Global Head of Digital at HSBC, Josh Bottomley, said that the bank is “cautiously looking” at cryptocurrency use cases, Forbes reported July 19. In an interview with Forbes, Bottomley said that HSBC is “cautiously looking into this area…
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Crypto Market Leaders Call For Twitter to Ban ‘Scam Bots’

Crypto scam bots have become a common sight in the Twitter landscape, with many premier cryptocurrency personalities seeing an influx of fraudulent accounts commenting on their posts. This has become such a large problem that well-known cryptocurrency…
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Billionaire Hedge Fund Manager Ken Griffin Slams Bitcoin

The co-founder and manager of the money management firm Citadel has voiced his grievances with Bitcoin. Ken Griffin stated today that none of his portfolio managers are interested in exposure to digital assets. Ken Griffin: “I Still Scratch…
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Global Financial Watchdog May Restrict Bank Exposure to Crypto

The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability,…
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A Crypto Exchange Is Buying Back $24 Million-Worth of Its Own Tokens

FCoin, a new cryptocurrency exchange that saw spiking trading volume recently due to its controversial revenue model, has revealed a plan to buy back millions of its own tokens to provide capital for a new fund of funds. The exchange announced…
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Crypto to Expand Mobile Payments to Rural Networks Without State Control

China, which is on its way to becoming a cashless society, highlights how cryptocurrencies could be used for all global payments. However, the overreaching control of the Chinese state shows why cryptocurrencies are needed to maintain the financial…
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Crypto Markets Keep Building Momentum, Bitcoin Inches Towards $6,400

Sunday, July 15: crypto markets continue building momentum, with nine out of the top ten cryptocurrencies by market cap firmly in the green, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) has gone above the $6,300…
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Crypto Becomes Proper Alternative to Cash in Struggling Economies

The use of crypto donations by a Venezuelan citizen has shown cryptocurrencies are better than some fiat currencies even though they have been dismissed as too volatile. These donations also highlight the changing perception of crypto away from…