BaseFEX Launches World’s First USDT-Settled Perpetual Contracts Up to 100x Leverage

BaseFEX, a professional cryptocurrency derivative trading platform, today announced the launch of the world’s first USDT-Settled Perpetual Contracts. BaseFEX offers pairs BTC/USDT with up to 100x leverage and ETH/USDT with up to 20x leverage. “BTC is usually used as cash in today’s derivative world, but its volatility makes it not suitable for the purpose. When you short BTC using BTC, […]

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Iran Officially Legalizes Crypto Mining

The Iranian government recently approved digital coin mining. The announcement which was made on July 2019 by the country’s Economic Commission, has prompted authorities to find ways to control crypto mining within its current legal structures. Thanks to the country’s reduced electricity costs, mining has been thriving even before it was officially legalized. Mining Electricity Costs A Study conducted by […]

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LTC Dusting Attack on Binance Affected Nearly 300,000 Addresses: Report

The recent dusting attack against fourth-biggest altcoin Litecoin (LTC) on major cryptocurrency exchange Binance affected 294,582 addresses rather than the 50 Binance reported, according to a recent metrics report. Blockchain data and metrics firm Glassnode revealed its latest findings in a tweet on Aug. 15, saying that the LTC dusting attack affected 294,582 addresses. The analysis ostensibly also indicated a […]

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Maryland Securities Division Joins Operation Cryptosweep

Maryland Securities Division is now participating in the nationwide coordinated cryptocurrency crackdown dubbed “Operation Cryptosweep.” This was announced by the Maryland Attorney General Brian Frosh in a press release after the division initiated their first enforcement action against a Bitcoin trading platform. The division has joined the other state and provincial securities regulators in the U.S. and Canada which are […]

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Even Cryptocurrencies Are Now Getting Clobbered In This Market

Bitcoin is quickly losing the refuge designation bestowed by some advocates in recent weeks as the largest cryptocurrency joins the global slide in riskier assets. Smaller rivals tumbled even further. After rallying while U.S. equities plunged earlier in the month, Bitcoin has followed stocks lower, with the digital asset tumbling about 14% this week to push it’s price to around […]

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Singapore Cryptocurrency Association Seeks Public Feedback | BTCMANAGER

The Association of Cryptocurrency Startups and Enterprises, Singapore (ACCESS) is looking to facilitate public discussion of their newly formulated code of practices. As per a report from Strait Times, the code aims to tackle a variety of issues like money laundering, financing global terrorism, and many other crucial issues that need to be addressed. Compliance with the code is mandatory to […]

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Cryptocurrency Analysis and Forecast for 5 August: LTC, BNB, and EOS ⋆ ZyCrypto

Litecoin (LTC/USD) LTC/USD pair exhibited a bullish outlook on an intraday chart. LTC/USD began trading yesterday at $91.837 and is now trading at $103.040 that interprets to an intraday gain of 10.9%. The upsurge was seen after a long-term period of consolidation that corrected gains between the critical support level $92.156 and resistance level of $95.724. Additionally, a breakout later […]

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US Capital Global Commits $10 Million to a Crypto Fund

San Francisco-based US Capital Global Securities is dipping its toes into the world of cryptocurrencies and blockchain. The FINRA-licensed broker-dealer company on Monday announced that it is committing $10 million to NYCQ Fund LP, a private digital venture capital fund launched by CityBlock Capital. The firm said it is seeking accredited investors to back the capital, believing the fund’s growing […]

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