The market is rapidly approaching the stage of accepting Bitcoin exchange-traded funds (ETFs), and the Securities and Exchange Commission (SEC) will eventually approve ETFs in the near future. This was the view of Liu Jianwei, CEO of Fatfish Internet Group, in an interview with CNBC last week. According to Liu Jianwei...
The cryptocurrency market has lost $8 billion in the past 24 hours, with major digital assets including Bitcoin, Ethereum and Bitcoin Cash recording losses ranging from 2% to 5%. Bitcoin Cash and Stellar recorded the largest losses among the top ten cryptocurrencies, while the prices of Ripple and EOS were relatively stable...
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Virgil Security, Inc., an encryption services provider, has released a report raising concerns about the security of Telegram Passport, the latest feature of the messaging app launched last month. It...
In order to protect its futures market, OKEx injected 2,500 bitcoins from its own capital into the exchange’s insurance fund after a forced liquidation occurred on July 31. The futures contract was worth a staggering $420 million. OKEx acted quickly to respond to this forced liquidation and maintain the stability of its operations...
Global investment bank UBS believes that Bitcoin is too unstable to become a mainstream currency. The bank believes that there are many factors that hinder the cryptocurrency from breaking through, mainly including technical limitations and constant price fluctuations. According to CNBC, UBS global macro strategist Joni Teves said in a client...