Crypto News – 22nd March – Binance looking for regulatory paradise, Dubai’s bitcoin ATM goes bust and more
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Crypto News – March 23
Bitwise report on crypto-exchanges: Bitwise Asset management informed the United States’ Securities and Exchange Commission [SEC] that 95 percent of bitcoin [BTC] trading volume reported by unregulated exchanges were fake or non-economic in nature.
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Bakkt reaches $740M valuation: Bakkt, the highly anticipated digital assets platform spearheaded by Intercontinental Exchange [ICE] reached a valuation point of $740 million in its Series A funding round.
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XRP faces market manipulation allegations: Peter Brandt, the author of Diary of a Professional Commodity Trader and an old school trader, alleged that XRP markets were manipulated and that the manipulators fix the support level, in a series of tweets.
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BTC’s dominance could be 80%: According to recent research by John-Paul Thorbjornsen however, bitcoin is still going strong with a market dominance of more than 80 percent. The researcher arrived on the figure by taking bitcoin’s liquidity into account.
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MatchMove joins World Wire: A partnership between World Wire and MatchMove was finalized on March 19, 2019, allowing the latter to access a single unified network for foreign exchange and cross-border payments.
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Facebook Coin’s future plans: Ted Livingston, the chief executive and founder of the Kik messaging platform equated the gravity of the Facebook Coin to the US dollar, and mulled a bold prediction.
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Alexander Vinnik files extradition request: Alexander Vinnik, the founder of the now-defunct BTC-e, a bitcoin exchange, who was accused of money laundering worth $4 billion, has requested for extradition to his homeland Russia after being detained in a Greek jail for 19 months.
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Published at Sun, 24 Mar 2019 10:18:07 +0000