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Markets Update: BTC Gains 30% in Two Weeks, Alts Lose Correlation

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The BTC markets have gained approximately 30% in two weeks, with prices currently sitting at $8,300 USD after roughly 48 hours of consolidation above $8,000. After producing gains against the dollar, many other leading cryptocurrency markets have continued to produce inverse correlation when measured against BTC. Also Read: Japanese Crypto Exchanges Working on Lowering Margin Trading … Read more

Gibraltar Stock Exchange’s Crypto Platform Opens to Public With 6 Cryptocurrencies

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The crypto exchange platform subsidiary of the Gibraltar Stock Exchange is now open to the public with six cryptocurrencies. Users can fund their accounts in USD. Meanwhile, its token sale platform, GBX Grid, has already completed its first token sale with three new projects planned. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space GBX … Read more

Japanese Crypto Exchanges Working on Lowering Margin Trading Limits

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Japanese cryptocurrency exchanges may soon set a strict limit on the leverage they offer for margin trading in order to better protect investors. The association comprised of 16 government-approved crypto exchanges is reportedly imposing a leverage limit as part of its self-regulatory rules. There will be a grace period and exceptions. Also read: Yahoo! Japan Confirms … Read more

The Bitcoin Cash Pre-Consensus Debate Continues

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A few days ago news.Bitcoin.com reported on the debate between Bitcoin Cash (BCH) developers and community members concerning an idea called ‘pre-consensus.’ Some developers believe pre-consensus could help with bock time speeds, zero-confirmation transactions, and consensus in general. Since then there’s been a lot of discussion about this topic, and some members of the BCH … Read more

Binance Prepares to Enter the South Korean Market

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Binance is preparing to expand into South Korea, having already hired Koreans for some local positions. CEO Changpeng Zhao has stressed the importance of the Korean market, noting that some Koreans are already using Binance, especially to trade newer coins. However, the exchange is reportedly waiting for the country’s crypto regulatory framework to be fine-tuned … Read more

Vietnamese Regulator Tells Firms and Funds to Stay Away From Crypto

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Vietnam’s securities watchdog has required local businesses not to engage in transactions with cryptocurrencies. The announcement follows a directive issued by the country’s prime minister earlier this year aimed at tightening what Vietnamese regulators call the management of crypto activities. Also read: China Releases Ranking of 31 Crypto Projects Securities Watchdog Asks Companies to Obey … Read more

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