Crypto News 

The last time traders were this bullish on Ether it suffered a 40% tumble

“Since the beginning of the year, Ether has climbed 38%, outperforming the best-known cryptocurrency, bitcoin, BTCUSD, +1.25% which has gained 14%” writes Aaron Hankin for marketwatch.com. With a single Ether ETHUSD, +2.75%  fetching around $146, a 40% decline would see the coin trade below $90 and a decline of 16.8% — the average 10-day fall when positioning reaches these extremes — would see the price fall to around $121. Source: marketwatch.com

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Crypto Markets News Stocks 

Bitcoin Hits $4K for the Fourth Time in 2019, Stocks Jump Amid US–China Trade Talks

“Bitcoin (BTC), the biggest cryptocurrency accounting for around 52 percent of crypto market, has again briefly broke $4,000 point for the fourth time this month, according to CoinMarketCap” writes Helen Partz for cointelegraph.com. Feb. 22 — following some red signals yesterday, crypto markets have continued to rise, with all top 20 coins up today, according to CoinMarketCap.At press time, the market cap is $134.9 billion, while daily trade volume amounts to $24.32 billion.At press time, Bitcoin is up around 1 percent, and is trading at $3,987.The cryptocurrency is also seeing…

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Crypto Markets News Platforms 

Third-Top Exchange OKEx Lists Ripple and Bitcoin Cash on Customer-to-Customer Platform

“Malta-based major cryptocurrency exchange OKEx has listed Ripple (XRP) and Bitcoin Cash (BCH) on its customer-to-customer (C2C) trading platform, according to a press release shared with Cointelegraph on Feb. 22” writes Helen Partz for cointelegraph.com. During the newest upgrade, all services on the OKEx C2C platform will remain as normal, the announcement states.The Thai baht was added to the OKEx C2C platform in mid-February. Recently, major United States-based cryptocurrency exchange and wallet service provider Coinbase has listed BCH on its Coinbase Wallet.Bitcoin Cash, a cryptocurrency created as a result of…

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Crypto News 

Bitcoin on track for its best week in two months

“Bitcoin prices rose on Friday, clawing back losses from the previous session and putting the cryptocurrency on track for its best week in two months” writes Aaron Hankin for marketwatch.com. In early trade on Friday, a single bitcoin BTCUSD, +1.13%  was fetching $3,928.30, up 0.9% since Thursday’s level at 5 p.m.Bitcoin futures are moving higher in early Friday trade.Read: Opinion: Hodl my Lambo: Simple investing rules you can borrow from cryptocurrency traders Providing critical information for the U.S. trading day. Source: marketwatch.com

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Crypto Markets News Stocks 

Two-Thirds of Millennial Traders Trust Crypto Over Stock Market

“Social trading platform eToro published the results of a study earlier this week revealing that nearly half of all online millennial traders residing in the United States have more trust in cryptocurrency exchanges than in stock market exchanges” writes Rachel Mcintosh for financemagnates.com. And indeed, the number of investors of all ages who have put their money into cryptocurrency has continued to grow.More specifically, the results of the study showed that “two-thirds of Millennial crypto traders say they have more faith in crypto than the stock market,” and that “even…

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Crypto News 

Crypto Exchanges Bypass IPO Apps by Buying Pre-Listed Companies

“South Korean crypto exchange Bithumb announced plans to purchase US-listed company Blockchain Industries for the same purpose just days later” writes Rachel Mcintosh for financemagnates.com. Rather than going through the process of applying for public listing, crypto exchanges are choosing to buy companies that are already listed and use them as a vehicle to raise their own money.A growing number of cryptocurrency exchanges are taking the “backdoor” route to becoming publicly listed in countries all around the world, a new report from Reuters says.In January, OKC Holdings, a company controlled…

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Crypto News 

Texas Cryptocurrency Businesses Agree to Halt Token Offerings After Cease and Desist

“In July last year, the Texas State Securities Board (SSB) identified token offerings by the companies as falling under the definition of securities according to local legislation” writes William Suberg for cointelegraph.com. Texas’ state securities regulator announced it had reached an agreement with four cryptocurrency companies it accused of selling unregistered securities, according to an order released on Feb. 21.The move constitutes the most recent victory for the SSB in its ongoing clampdown on unregistered securities sales by the emerging cryptocurrency sector.As respondents listed in the order, the entities will…

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Crypto Markets News Stocks 

Could Bitcoin Price Be Boosted by a Change in Sentiment?

“My Bitcoin News reported earlier this week that Bitcoin price hit $4,000 but more importantly, it saw its highest volume day in 10 months” reports mybitcoinnews.co. A new survey suggests that almost half of millennial online traders have more trust in cryptocurrency exchanges compared to the US stock market.Bitcoin’s Dominance – the indicator measuring Bitcoin’s share in the total cryptocurrency market capitalization is sitting at 52 percent.What do you think of the current cryptocurrency market condition?.  Source: mybitcoinnews.co

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Crypto Futures News 

Report: Major European Derivatives Exchange to Launch Cryptocurrency Futures

“Eurex, a Germany-based derivatives exchange operated by Deutsche Boerse, is reportedly planning to launch futures contracts tied to digital assets, financial technologies-focused news outlet The Block reported on Feb. 21” writes Ana Alexandre for cointelegraph.com. Founded in 1998, Eurex is an international derivatives exchange operated by one of the world’s leading stock exchanges, Deutsche Boerse.Deutsche Boerse has reportedly been considering the introduction of digital currency futures since December, 2017. Per the press release from Deutsche Boerse, six banks to date had confirmed their plans to join the ​​securities lending platform,…

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Crypto News 

Blockchain and the City: New York State as a “Tough” Model of Crypto Regulation

“New York has gravitated toward a tight regulatory model that, at least according to the majority of state representatives, fits its status of the global financial center the best” writes Kirill Bryanov for cointelegraph.com. New York is in a unique situation because it regulates a major financial center, the largest in the world. Source: cointelegraph.com

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