The largest bank in the United States is on its way to providing clients with a lens into the Cryptocurrency investment space. The news hit crypto Twitter shortly after JPMorgan filed for specific sets of documents, required for a “Cryptocurrency Exposure Basket”, with special references to Bitcoin. …
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The Senate Banking Committee voted to confirm Gary Gensler's nomination today in a 14-10 vote. A date has yet to be set for a full vote. The post Gary Gensler’s SEC nomination clears Senate committee vote appeared first on The Block.
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The Token Taxonomy Act aims to amend the Securities Exchange Act of 1934 to distinguish digital tokens from other types of assets.  The post Rep. Warren Davidson reintroduces the Token Taxonomy Act appeared first on The Block.
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Investors can buy structured notes tied to 11 stocks, including Square and MicroStrategy, but not Tesla.
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JPMorgan's latest investment product, a crypto-proxy basket meant for the U.S. market, provides its clients an indirect and yet viable means of accessing cryptocurrencies such as Bitcoin. The finance house's notes mature on May 5th next year, with a minimum cost of US$1,000, with a Basket Deduction…
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The last three months have been very intense for cryptocurrencies. On February 16, bitcoin revamped its all-time high and surpassed the $50,000 level which sceptics thought unachievable. On the night of February 23, bitcoin lost almost $10,000 to its value but now it is traded at a…
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Ethereum (ETH/USD) extended recent gains early in today’s Asian session as the pair appreciated to the 1815.22 area after trading as low as the 1762.27 area in the North American session, with the interday low representing a test of the 100-hour simple moving average.   Chartists observe that…
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Bitcoin (BTC/USD) weakened early in today’s Asian session as the pair depreciated to the 55088.47 area after trading as high as the 57402.14 area in the North American session, with the interday low just below the 50% retracement of the appreciating range from 53025 to 57402.14.  Traders…
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Shadows Network, a hub for issuing, trading, lending, and borrowing synthetic assets, announced on Twitter that they have partnered up with Decentralized Information Asset (DIA). “We’re pleased to share details of Shadows Network’s latest strategic partnership. DIA (Decentralized Information Asset) will be working with Shadows to implement…
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Chinese Twitter Weibo has suspended the accounts of Huobi, OKEx, Binance and MXC in what appears to be a targeted effort on crypto exchanges. The post Chinese social media Weibo suspends Huobi, OKEx and Binance accounts appeared first on The Block.
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