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Posts Tagged ‘News’

Why the Inverted Fee Model of eToroX Exchange Makes Sense?

Disruptive, innovative, and responsive in so many crucial ways, the crypto industry is the first place we expect to see a change in the financial sector, with cryptocurrency exchanges the financial bellwether of innovation. Yet, when looking at pricing models and trends towards new ways of assessing fees across the equity markets, it’s surprising that…

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Digitex Launches Much-Anticipated Zero-Fee Bitcoin Futures Platform to The Public

Digitex Ltd has announced the launch of its hotly anticipated commission-free Bitcoin futures trading platform, Digitex Futures. In addition to the awaited debut, Digitex is hosting a launch celebration with an all-day trading event, and prizes totaling $250,000 in DGTX tokens and branded merchandise. Along with this, there will be online Q&A sessions between the…

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Bitcoin Exposed to Correction on Easing Risk Sentiment; Here’s Why

Bitcoin plunged by more than 4 percent following its explosive upside move towards $11,500 on Monday. The cryptocurrency’s uptrend also steadied on easing risk sentiment following the Federal Reserve’s two-day policy meeting. Nik Yaremchuk, an independent crypto trader and analyst, meanwhile highlighted a historical price ceiling near the $11,000-level that has sent Bitcoin down on…

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What Do Analysts Think Comes Next?

Bulls seem to be decisively back in control, with Bitcoin retaking $9,700 just minutes ago for the first time in weeks. At the current price of $9,700, the asset is trading at highs not seen since the end of June. Analysts are trying to determine what’s next for this market as it inches above crucial…

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Bitcoin Spots Errors in US Jobs Report Way Ahead of Wall Street

Bitcoin closed its Thursday trading session in red even as an optimistic June employment report boosted risk-on sentiment. The cryptocurrency’s losses contrasted gains on Wall Street, showing first signs of decoupling after weeks of strong positive correlation. At the same time, the plunge showed Bitcoin second-guessing the US economy’s recovery amid rising COVID cases. Did…

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Lobbyist Jack Abramoff Charged for Running $5.6M Bitcoin Scam

Jack Abramoff has agreed to plead guilty to charges of running a $5.6 million Bitcoin scam. The disgraced lobbyist duped investors into purchasing tokens that he promised would be convertible into a new and improved version of Bitcoin. Mr. Abramoff now faces up to five years in jail. Jack Abramoff, a disgraced Washington lobbyist from…

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