EXCHANGES

Fidelity’s Crypto Wing Seeks NY State Trust License

[ad_1] Fidelity Digital Asset Services (FDAS) recently applied for a trust license in the state of New York. Does this mean mass crypto adoption is on the way? Everyone Wants a Slice of Crypto Pie Rumor has it Fidelity Digital Assets (FDAS) officially filed an application to operate as a trust in the U.S. state of New York. According to The Block, Fidelity’s cryptocurrency investment arm filed an application with
BLOCKCHAIN

BTC Outflow on BitMEX Exceeded Inflow by $73M: TokenAnalyst

[ad_1] Bitcoin (BTC) outflows on major crypto exchange BitMEX have notably exceeded the inflows after the firm was reported to be a subject in a regulatory investigation.Bitcoin outflows on BitMEX exceeded inflows by $73 millionOver the past 24 hours, BitMEX saw an outflow of $83 million worth of Bitcoin, while only $12 million came in, London-based blockchain data provider TokenAnalyst reported in a tweet on July 19.24-hour on-chain Bitcoin flows
ANALYSIS

Bitcoin Retakes $11,000 Following Turbulent Week in Crypto

[ad_1] Charts Courtesy of Coin360.comJuly 20 — Bitcoin (BTC) has retaken the $11,000 price point on the heels of a turbulent week. Charts Courtesy of Coin360.comAfter a bull market at the end of June brought the price of BTC to almost $14,000, the coin had largely been maintaining between $10,000 and $13,000 for most of the past month, briefly cracking $11,000 on July 15 before slipping below the $10,000 price point
BUY/SELL

Coinbase CEO Wants Firm to Move Beyond Trading in Next 5 Years

[ad_1] Brian Armstrong, CEO of major American crypto exchange and wallet service Coinbase,  believes that the firm will be less about trading and more about adoption five years from now.Armstrong wants the firm to connect people in crypto industry In an AMA session on July 19, Armstrong presented his vision of the company in five years, claiming that he sees Coinbase as not just a crypto trading service provider, but rather
EXCHANGES

Another Indian Crypto Exchange Stops Operation

[ad_1] Another Indian crypto exchange— Cryptokart has shut down. The founder of the exchange Gaurang Poddar announced this shutdown via a recently published LinkedIn post. Poddar made it known that although the shutdown of the exchange is a difficult experience, given the hard work they have put into making sure the exchange gain traction. He, however, stressed that the experience he has had since launching the exchange. He also states
BLOCKCHAIN

Bitcoin Approaches $11,000 With All Top 20 in Green

[ad_1] Saturday, July 20 — crypto markets have seen another upward move, with all top 20 coins by market cap seeing major gains, while Bitcoin (BTC) has approached $11,000 mark again.Market visualization from Coin360After dipping below the $11,000 threshold on July 14, Bitcoin has approached the price point today, with its intraday high of $10,944, according to data from CoinMarketCap. The biggest cryptocurrency added 3.7% to its price to trade
Business

Fidelity’s Crypto Branch Files for a New York Trust License: Report

[ad_1] Fidelity’s crypto arm Fidelity Digital Assets Services (FDAS) has applied for a license to operate as a trust in New York State.FDAS has filed an application with the New York Department of Financial Services (NYDFS) for a trust license, crypto media outlet The Block reported on July 20, citing several unnamed sources familiar with the matter.If the license is approved, FDAS will officially be allowed to offer its crypto
EXCHANGES

Why You Can’t Bet With Bitcoin at Online Casinos in the US

[ad_1] Since the dawn of Bitcoin, the cryptocurrency landscape has seen a lot of digital currency gaming websites where users can wager their coins in games like poker, dice, blackjack and slots. Because public blockchains are transparent, the protocols have made online gaming provably fair. However, throughout most states in the U.S., residents cannot participate in online gambling as politicians from the ‘Land of the Free’ stop them from making
EXCHANGES

Bitcoin Plunging… but Possibilities for Investors Still Available

[ad_1] Bitcoin (BTC-USD) and most of the other cryptocurrencies are under pressure this week, continuing the multi-day downward trend. The leading cryptocurrency has lost 14% of its value on Tuesday over the 24-hour period and around 30% from the recent high. During 18th July Asia Session bitcoin is trading 23% lower than it was a week ago, around $9,700. According to Coindesk’s Omar Godbole, if the events of 2016 would
ALTCOIN

Top-3 Crypto Losers of the Week — Price Analysis

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by HitBTC.The short-term sentiment in the crypto community is one of uncertainty. Facebook’s Libra project, which was expected to attract millions of people to cryptocurrencies, is likely to