Paul Tudor Jones says Bitcoin is ‘like investing early in Apple or Google’

Famed Wall Street investor and billionaire Paul Tudor Jones said that he likes Bitcoin “even more than I did then,” referring to his initial investment announced in May 2020. Jones praised Bitcoin on CNBC’s Squawk Box morning show, revealing that he holds a “small single-digit investment” in the asset. His investment thesis remains unchanged — […]

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Tezos price capped below $2.2 but bulls are showing upside strength

XTZ/USD price has declined 5% today but could rebound by more than 20% if bulls maintain upward pressure towards a key level The price of Tezos’ token XTZ is changing hands around $2.13, up from 24 – hour lows of $2.04 registered yesterday. The token’s price however remains nearly 5% down during this period. The […]

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What the Travel Rule Means for Crypto Users and Investors 

In June 2019, the Financial Action Task Force (FATF) amended the anti-money laundering (AML) and counter-terrorist financing (CTF) recommendation to include virtual assets. Recommendation 16, widely known as the Travel Rule was established to provide guidelines for combating financial crime. Initially, the Travel Rule only applied to banks. However, the recent amendment has widened its […]

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OKEx resumes normal function, but withdrawals still closed

Crypto exchange OKEx announced that both its fiat-crypto purchase capabilities and P2P outlet have reopened. Withdrawals still remain closed, however. “The OKEx P2P platform will resume trading on Oct. 21, 12:00 pm (UTC) for CNY, INR and VND fiat pairs, and the Buy Crypto fiat gateway will also be reactivated at the same time,” OKEx […]

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Over-Excited Traders Incur Losses On Cronje’s Latest Release

Excited investors rushing to get a piece 0f Andre Cronje’s latest DeFi project have once again incurred losses It has been about three weeks since Cronje’s name made headlines when a hacker stole $15 million from an unreleased Yearn Finance project he was working on. The project, Eminence (EMN), suffered a huge loss that was […]

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DXdao Announces “Rails” a Layer 2 Solution For Ethereum

DXdao and Loopring collaboration Layer 2 solution “Rails” claims to be Ethereum’s upcoming gasless infrastructure. Rails is a payment solution that enables the effortless transfer of ETH and ERC20 tokens between users on the protocol. It leverages Loopring’s zkRollup and Relayer API to facilitate non-custodial transfers via MetaMask. DXdao is responsible for ensuring the efficient […]

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Blockchain Services Provider OKGroup Leads $2 Million Pre-IPO Investment Round in Banxa

Banxa, a full-service, internationally compliant digital banking infrastructure provider, announced it has completed its USD$2 million Pre-IPO investment round. The round was led by OK Group, a world-leading blockchain technology and service provider focused on the research and development of the technology and its all-scenario applications.. The funding round will be used to support Banxa’s […]

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Study finds CME drives Bitcoin price, but it excludes stablecoin volumes

On Oct. 14, Wilshire Phoenix investment firm released its Efficient Price Discovery report, which detailed how CME Bitcoin (BTC) futures impact Bitcoin price discovery. The firm concluded that “CME Bitcoin futures contribute more to price discovery than its related spot markets.” And the researchers also suggested that: “CME Bitcoin futures have grown to become significant, […]

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FinCEN fines a Bitcoin mixer operator a $60 million civil money penalty

Larry Dean, who is also facing money laundering charges, has been penalised with a $60 million fine by the Financial Crimes Enforcement Network (FinCEN) It is the first time the FinCEN has levied a penalty against a Bitcoin mixer, as detailed in a press release. Larry Dean, the owner of Helix and Coin Ninja, has […]

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