1Confirmation
Markets Take Trade Deal in Stride – 16 January 2020
The majority of the major currencies had a muted response to yesterday’s signing of a trade deal between China and the United States, largely because there were no new surprises.
The majority of the major currencies had a muted response to yesterday’s signing of a trade deal between China and the United States, largely because there were no new surprises.
The People’s Bank of China said that the reserve requirement ratio (or RRR) is currently at an appropriate level.
Gemini, led by the Winklevoss twins, has set up its own insurance captive to cover loss of crypto in cold storage – with a possibly record-breaking $200M limit.
Bitcoin’s bulls are showing signs of exhaustion, having engineered a speedy rally to $8,900.
With the SEC lawsuit holding up the launch of Telegram’s TON network, the Japan-based exchange has cancelled its sale of gram tokens and refunded investors.
The signing of “phase 1” of the U.S.-Sino trade deal on Wednesday has allowed traders and analysts worldwide to breathe a sigh of relief.
The South Korea-based exchange is fighting a move by the country’s tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions.
The D.C.-based Value Technology Association helped lead the charge in requiring the U.S. Department of Defense to consider the benefits of blockchain technology.
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With its acquisition of Bit Trade, Kraken is making a major push into the Asia-Pacific region.