|Day's Range||1 - 1.01|
|52 Week Range||0.8612 - 1.2000|
|Volume (24hr) All Currencies||107.09M|
Wednesday, June 27: The largest U.S. nail manufacturer, Mid Continent Nail, is suffering as a result of the Trump steel tariffs; Amazon, Salesforce and other tech companies file brief against travel ban following Supreme Court's ruling; Facebook does a reversal on its cryptocurrency ad policy. Yahoo Finance’s Dan Roberts gets you up to speed.
The following transcript is taken from episode five of The Scoop, The Block's new podcast.The post A Conversation with Stephen Palley, Partner at Anderson Kill appeared first on The Block.
New York Supreme Court judge Joel M. Cohen has granted the motion to modify the substance and temporal scope of the preliminary injunction Letitia James, NY AG, filed against Bitfinex on April 25.The post Bitfinex preliminary injunction modified to last 90 days, Tether's ability to extend credit line still frozen appeared first on The Block.
The following transcript is taken from episode four of The Scoop, The Block's new podcast.The post What the heck is happening at Bitfinex? appeared first on The Block.
Cryptocurrency exchange Bitfinex has published the official white paper for its planned $1 billion initial exchange offering (IEO).Bitfinex’s exchange tokens, called LEO, will be offered to private investors first, as per previous reports.The post Bitfinex releases white paper for $1 billion token sale appeared first on The Block.
The CFO of Bitfinex assured key shareholders that the $851 million in missing funds revealed by the NYSAG lawsuit are in fact safe and will be accessible in a few weeks, per reporting by CoinDesk, which spoke with large Bitfinex shareholder Zhao Dong.The post Bitfinex CFO assures shareholders the $851 million in missing funds will be released in a "few weeks" appeared first on The Block.
Chainalysis, a firm that develops compliance software, announced Wednesday that it has expanded its KYC services to cover four new cryptocurrencies, helping financial institutions, exchanges, and law enforcement agencies to monitor illicit activities across more blockchains.The post Chainalysis extends its compliance service to four new cryptocurrencies citing high demand and regulatory pressure appeared first on The Block.
Crypto exchange Gate.io has raised $64 million in crypto assets to launch its own cryptocurrency and blockchain through an IEO (initial exchange offering), CoinDesk writes.The post Gate.io exchange raises $64 million to launch new cryptocurrency and blockchain appeared first on The Block.
Tether (USDT), the controversial stablecoin issued by Tether Limited, has experienced its highest daily volume since first being issued in 2015, according to data from CoinMetrics.io.The post Daily transaction volume for Tether sees all-time high appeared first on The Block.
Trump Administration Says China Still Being Bad On Trade Prepare for another round of trade war headlines. The United States Trade Representative (USTR) has come out with another report blaming China for all the problems revolving around trade between itself and the US. “This update shows that China has not fundamentally altered its unfair, unreasonable, […] The post Market Morning: Trump Grumpy on China, JCPenney Last Hurrah, US Sticks With Saudis appeared first on Market Exclusive.
U.S-based financial firm Goldman Sachs Group Inc (NYSE:GS) is making headway into the cryptocurrency market and its recent milestone is the USDC approval by cryptocurrency exchange Binance. Circle, a Goldman Sachs-backed cryptocurrency startup created the USDC coin which is now available on Binance. This means that the cryptocurrency can be purchased, sold, sent or received […] The post Goldman Sachs Group Inc (NYSE:GS) Cryptocurrency USDC Gains Binance Approval appeared first on Market Exclusive.
Morgan Creek Capital Partners's Mark Yusko is a long-time crypto bull. And he's got lots of negative things to say about the critics.
Joe Lubin believes Tether is backed by the USD balances it claims, and does not believe market manipulation is connected to Tether.
Of all the major “alt-coins,” the alternatives to Bitcoin that have sprung up this decade, none has been more focused on becoming “real money” than Ripple (CCC:XRP-USD). If any alt-coin is going to become a medium of exchange, rather than a speculative asset, it will be Ripple. As Bitcoin’s value has fallen through 2018, from a high of $20,000 to its August 8 price of about $6,500, Ripple has come down right along with it.
Former FBI director turned private investigator Louis Freeh speaks about his firm's investigation of Tether – and says he's gearing up for more crypto work.
Bitcoin Untethered, Literally Speculation is mounting that the price of bitcoin (BTC-USD) and other altcoins like ethereum (ETH-USD) and bitcoin cash (BCH-USD) has been manipulated using a scheme pretty much identical to what the Federal Reserve uses to inflate the price of US treasuries. Tether (USDT-USD), a crytpocurrency token supposedly backed by, or “tethered” to […] The post Market Morning: Bitcoin Untethered, Fed Talks Marijuana, Whole Amazon Foods Clash appeared first on Market Exclusive.
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