A group of investment firm giants—including Charles Schwab and Fidelity Digital Assets—today announced the launch of a new cryptocurrency exchange. Named EDX Markets, it will be a “first-of-its-kind exchange” giving investors “safer, faster and more efficient cryptocurrency trading,” Tuesday’s statement said. The exchange will use technology built by stock exchange The Members Exchange (MEMX). Other backers include Citadel Securities, Paradigm,…
Since El Salvador adopted Bitcoin (BTC) as legal tender in September 2021, there have been a number of quick judgments issued declaring this move a failure, with some pundits going as far as to suggest that Bitcoin is somehow responsible for the economic challenges that existed in El Salvador well before Bitcoin was even created. But the traditional financial experts,…
OpenNode is trialing a scalable bitcoin payments solution with the Central Bank of Bahrain. The central bank has a sandbox application where payments can be tested, specifically designed for fintech solutions.OpenNode intends to showcase Bitcoin’s ability to strengthen the Bahrain economy and show why Bitcoin is synonymous with good business. OpenNode, a Bitcoin and Lightning Network infrastructure provider, is testing…
Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin also hit a multi-week high in today’s session. Litecoin (LTC) Litecoin (LTC)…
Bitcoin (BTC) fell further after the Sep. 13 Wall Street open as the dust settled on unexpectedly high United States inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price eyes 9% daily losses Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up $21,000, down up to 8.45% on the day. Bearish tendencies set in after the U.S.…
A group of financial behemoths have partnered to launch a bitcoin and cryptocurrency exchange. Among the participants are Fidelity, Citadel Securities and Charles Schwab. Transactions will be settled on-chain at low-cost. A coalition of financial titans including Charles Schwab, Citadel Securities, and Fidelity Digital Assets have launched a bitcoin and cryptocurrency exchange, per a press release. EDX Markets (EDXM) is…
According to a new Twitter post on Tuesday, Canadian Prime Minister Justin Trudeau gave critical remarks regarding newly elected opposition leader Pierre Pollievere’s pro-crypto platform, writing: “We’ll also call out questionable, reckless economic ideas. Telling people they can opt out of inflation by investing in cryptocurrencies is not responsible leadership.” In a separate TV appearance, Trudeau reiterated the remarks, adding…
Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH). On the daily chart, SOL’s price gained over 4% to $39, its best level in three weeks. The token’s intraday gains came as an extension of a prevailing uptrend that has seen its price gaining 30% in…
There’s no denying the fact that the crypto market has been faced with an obscene amount of bearish pressure over the last eight odd months. Despite this, September has been especially turbulent for the industry, with the price of Bitcoin (BTC) dropping below the all-important $20,000 psychological threshold before forging a comeback. While these dips have called into question the…
Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities, and solving problems the country has historically faced. Source: https://cointelegraph.com/news/powers-on-insider-trading-with-crypto-is-targeted-finally
