Brian Brooks, former Binance.US CEO and Comptroller of the Currency, has been appointed CEO of BitFury, a Bitcoin mining and crypto company.
Discrepancy in price of token on spot and futures markets opens opportunities for arbitrageurs
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Ripple also put heavy investments into non-fungible token projects using the XRP ledger – a public blockchain. Many experts claim that this investment puts Ripple in the position to be an “Ethereum killer.”
China is one market to impose strict regulation that impacted prices. In February 2018, the country blocked its citizens from accessing websites that offer cryptocurrency trading services, prompting a 15% fall in Bitcoin and 20% plunge for Ether. Similarly, in January 2018, Bitcoin’s price was hit by new South Korean legislation requiring traders to reveal their identity.
If you keep up with crypto news, you may have heard the name Safemoon quite a lot in the first half of 2021. If you are interested in day trading, talk of Safemoon’s high volatility and rapidly increasing market cap may have piqued your interest. Maybe you’re looking to buy, hold and capitalize on the next big crypto price rally. What is Safemoon Crypto?How to Buy Safemoon Crypto?Where to Buy Safemoon Crypto?Safemoon FAQConclusion
The blockchain technology backing cryptocurrency is inherently secure, thanks to the decentralized — and public — nature of distributed ledger technology and the encryption process every transaction undergoes.
Bitcoin nears $70,000, while ether eyes $5,000 as the rally extends into a fourth day, aided by a weaker dollar and upbeat investor sentiment
The variation of available services, even from state to state, increases friction on the platform and rules out a large swathe of potential users. While this may improve with the expansion of Binance.US, currently, Binance is by far the better platform when it comes to choice.
“The exchange business is currently profitable, but not necessarily innovation,” Brooks said, adding that Bitfury’s position as the only mining chip producer outside of China has taken the lead. ..
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There are also individual withdrawal fees for moving your crypto holdings from your Binance.US account into your own crypto wallet. These fees vary based on the type of cryptocurrency.
Initially, Binance.US considered listing up to 30 crypto assets, with those deemed most important making it to the Phase 1 list. Some have noted the absence of high-profile Binance IEOs (initial exchange offerings) from this list as well as the lack of support for Tron (13th by market capitalization at the moment).
Cryptocurrency is a good investment if you want to gain direct exposure to the demand for digital currency, while a safer but potentially less lucrative alternative is to buy the stocks of companies with exposure to cryptocurrencies.
DLA PIPER REGISTERS TO REPRESENT KING OF JORDAN: In the days before Jordan’s King Abdullah was alleged in a report from the International Consortium of Investigative Journalists to have funneled $100 million through offshore companies to buy more than a dozen luxury homes in the U.S. and U.K., the monarch, a close U.S. ally, was in the midst of hiring the law firm DLA Piper to provide “legal advice related to potential defamation and other legal remedies associated with inquiries” or reports involving the king, according to documents filed with the Justice Department last week.
Brian was appointed Binance US CEO after his time as the Comptroller of the Currency. His appointment was in line with Binance strategy to employ regulatory professionals in key offices to help it end it tackle continued crackdown in the hand of regulators.