Crypto News 

HTC launches a cheaper version of its blockchain phone

“One standout feature on the new phone, HTC says, is the ability to run a “full bitcoin node.”” writes Ryan Browne for cnbc.com. Buyers would have to fork out for a 400GB memory card that stores the bitcoin blockchain — a digital ledger used to validate transactions — on the phone.HTC is bringing out a cheaper version of its blockchain-friendly smartphone in a bid to entice the people hesitant about buying cryptocurrencies and expense flagships from the likes of Apple and Samsung.The Taiwanese smartphone maker on Saturday launched the Exodus…

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Crypto News 

Alipay Denounces Bitcoin OTC Trading: Regulatory ‘Gray Area’ in China

“Indeed, following the 2017 trading and ICO ban, reports began to emerge of growing P2P Bitcoin trading in China” writes Osato Avan-nomayo for cointelegraph.com. These exchanges reportedly mask such activities by using the guise of running a P2P trading desk for the BTC/USDT trading pair.While the Alipay/Binance situation was unfolding, a Twitter account named Blocfilo posted some startling revelations about the Chinese crypto trading scene.There are even reports that major crypto exchanges use these backchannel avenues to conduct P2P Bitcoin trading in China.Earlier in October 2019, Binance announced a fiat on-ramp…

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News 

‘I’m not buying anything,’ says Tron CEO Amid Reports of Poloniex Acquisition

“Tron (TRX) founder and CEO Justin Sun has possibly refuted recent reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex” writes Adrian Zmudzinski for cointelegraph.com. On Oct. 18, industry news outlet The Block has also reported that Sun is allegedly involved with the aforementioned Asian investment group, according to anonymous sources at Circle.Per the article, Sun is leading the investment consortium and made a personal appearance at Circle’s headquarters. Source: cointelegraph.com

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Crypto News 

Poloniex Spins Out From Circle to Form New Exchange Not Available in US

“United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S. The new independent firm, called Polo Digital Assets, will free Poloniex from its parent company Circle, the firm said in an official announcement on Oct. 18” writes Helen Partz for cointelegraph.com. According to the announcement, Polo Digital Assets will not be available for U.S. customers, and Circle will be shutting down operations for U.S.-based Poloniex clients.In late September, Circle announced its decision to pause…

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News 

How to get the most out of your digital wallet

“To find compatible apps, open Apple Wallet, scroll down to Edit Passes and select Find Apps for Wallet” writes This Story Was for seattletimes.com. Apple Wallet (which houses Apple Pay), Google Pay and Samsung Pay are three common payment apps, and one of them is most likely on your phone already.Your phone’s digital wallet is also a handy place to store electronic airline boarding passes, event tickets and more. Source: seattletimes.com

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Crypto Markets News 

Cameron Winklevoss: Buy BTC to Escape Negative Yield Bonds

“Bitcoin (BTC) bull and co-founder of Gemini crypto exchange Cameron Winklevoss has noted that the volume of negative interest bonds accounts for $17 trillion and has urged the public to buy Bitcoin” writes Ana Alexandre for cointelegraph.com. At the same time, the Bank of Japan said that central banks can not use digital currencies to enforce negative interest rates.Masayoshi Amamiya, deputy governor of the Bank of Japan, said that states issuing digital currency with a negative interest rate would force inhabitants towards cash. Source: cointelegraph.com

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Crypto Markets News 

How to Manage — and Understand — Risk Tolerance in Crypto Investing

“The art of risk tolerance involves understanding your emotional response to financial losses and considering your long-term goals” writes Connor Blenkinsop for cointelegraph.com. “Risk tolerance” is a buzzword that’s commonly bandied around in the investment world — and with very good reason.In 2018, the crypto market fell hard and fast — losing 80% of its value in eight months.Thinking objectively about how much money is being held in crypto — and asking yourself whether you could comfortably lose it — is a straightforward way of gauging risk tolerance.Devoting yourself to…

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Report: Canada Exploring Digital Currency to Track People’s Spending Habits

“The central bank purportedly believes that a public central bank digital currency (CBDC) could be the answer to the direct threat that cryptocurrencies apparently present” writes Joeri Cant for cointelegraph.com. The Canadian central bank is reportedly considering launching a proprietary digital currency.On Oct. 16, news outlet The Logic reported that the Bank of Canada is exploring the possible opportunities and challenges related to launching its own digital currency.These personal details wouldn’t be shared with the payee, but could be shared with police or tax authorities, the document reads.The author of…

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Crypto Markets News Platforms 

Algoz to Provide Trading Strategy Services to UltraAlpha Users

“Digital asset management platform UltrAlpha has partnered with Algoz to receive its long/short alpha links trading strategy service” writes Arnab Shome for financemagnates.com. With its professional asset management service, UltrAlpha is focusing on both asset managers and accredited investors in the digital asset trading space.Earlier this year, the company also partnered with multiple crypto companies to provide liquidity services for the trading of their digital currencies.With the boom in the crypto market, the fintech firm extended its reach towards the digital asset industry in 2016 by setting up AlgoZ to…

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