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Kraken’s Tether Trade Looks Very Suspicious
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Kraken’s Tether Trade Looks Very Suspicious

Humans are notoriously bad at generating random numbers. We're amazingly predictable. That's why the distribution of trade volumes on Kraken's USD/USDT pair looks awfully suspect. "I've looked through lots and lots of data, and I don't think this is real," sa...
Fiat Withdrawals Could Become ‘Impossible’, Warns Major Indian Cryptocurrency Exchange
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Fiat Withdrawals Could Become ‘Impossible’, Warns Major Indian Cryptocurrency Exchange

As the date for India’s banking ban on the cryptocurrency sector approaches, Zebpay – one of India’s biggest exchanges – is proactively warning users that their fiat deposits could be affected. Bitcoin wallet and exchange platform Zebpay, one of India’s lar...
Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work

There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U.S. dollar. According to Tether, each Tether token is backed by one U.S. dollar, held in the full reserve of Tether. But the existence of the U.S. dollars pe...
Cryptocurrency Trading Halted in Zimbabwe Despite High Court Ruling
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Cryptocurrency Trading Halted in Zimbabwe Despite High Court Ruling

Restoration of cryptocurrency trading on Zimbabwe bitcoin exchange Golix will take longer than expected as the company says it is still working on having its bank accounts reopened while also awaiting finalization of regulatory issues regarding virtual currenc...
Reserve Bank of Zimbabwe Bans Cryptocurrency Trading, Financial Institutions Given 60 Days to Comply
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Reserve Bank of Zimbabwe Bans Cryptocurrency Trading, Financial Institutions Given 60 Days to Comply

The financial services regulator for the southern African country of Zimbabwe – the Reserve Bank of Zimbabwe (RBZ) – has banned all financial services institutions in the country from all forms of cryptocurrency trading. The directive was shared in a circular ...
India Sees Rise In Cryptocurrency Trading Volumes Despite Ban
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India Sees Rise In Cryptocurrency Trading Volumes Despite Ban

Investors could be taking advantage of a three-month window before a Reserve Bank of India cryptocurrency ban comes into place. Trading volumes have risen alongside cryptocurrency prices in India despite an impending ban on banking services for entities...
Coinbase Set to Offer Otc Crypto Trading Desk to Big Investors
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Coinbase Set to Offer Otc Crypto Trading Desk to Big Investors

Coinbase is starting to offer over-the-counter (OTC) crypto trading services to clients. No official word has been provided by Coinbase yet, but a few unnamed sources who spoke Business Insider confirmed the move. This development is yet another attempt by the...
Funguana Is an Upcoming Trading Bot Combining TA With Machine Learning
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Funguana Is an Upcoming Trading Bot Combining TA With Machine Learning

Cryptocurrency trading bots have always been rather popular. Although it is not too difficult to learn how to trade cryptocurrencies – or just hold them – people still like the convenience offered by a trading bot. One Reddit user has been working on a project...
Nexon Korea CEO Denies Rumors of Acquiring Bitstamp for $350 Million
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Nexon Korea CEO Denies Rumors of Acquiring Bitstamp for $350 Million

Video game company, Nexon Korea’s CEO, Lee Jung-hun has issued a statement in a press conference denying the rumors of a Bitstamp acquisition. The rumors, which hit the headlines yesterday, suggested the oldest bitcoin exchange was up for sale and that the ...
20% of Financial Institutions Could Begin Cryptocurrency Trading in 2018: Survey
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20% of Financial Institutions Could Begin Cryptocurrency Trading in 2018: Survey

The cryptocurrency market could get a lot more crowded this year. According to a survey by Thomson Reuters, approximately 20% of financial institutions could get off the fence and begin cryptocurrency trading in 2018 over different time durations. Most o...