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Blockchain Law Society to Launch in Order to Develop Legal Framework

A group of South Korean blockchain experts will set up a law-based agency to explore the technology and apply it in various areas of society, local news outlet Yonhap News reports August 20. According to the announcement, the association, dubbed the “Blockchain Law Society,” is set to be officially launched in South Korea this Friday, August 24. The blockchain-focused organization aims to ...

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Huobi Launches New Service to Streamline Token Listing Application Process

Singapore-based cryptocurrency exchange Huobi Group has launched a new product designed to streamline the token listing application process. According to a statement shared with Cointelegraph, the new service, which Huobi developed to provide a more transparent listing process, is called the Huobi Automated Listing Platform. Per the announcement, projects that want to list on Huobi Global or an autonomous digital ...

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Bitcoin Market Dominance: From 66% to 33% and Up Again

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, you should conduct your own research when making a decision. Some would say the cryptocurrency market is beginning to bounce back; after a seven month bear market, Bitcoin breached the $8,000 mark on July 24 — the first time it has passed $8,000 since ...

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Platform Won’t Support Margin Trading, Contracts to Be Fully Collateralized

Bakkt —  the forthcoming regulated global ecosystem for crypto assets recently unveiled by Intercontinental Exchange (ICE) —  will not support margin trading for its Bitcoin (BTC) contract, according to an official Medium post published August 20. Earlier this month, ICE –– the operator of 23 leading global exchanges including the New York Stock Exchange (NYSE) –– had unveiled ambitious plans ...

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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: Price Analysis, August 20

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. In 2018, every consecutive fall of the crypto markets was followed by a ...

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Four Crypto Exchanges Establish Self-Regulatory Association for Digital Commodities Industry

Crypto exchanges Gemini, Bitstamp, Bittrex, and bitFlyer USA have announced the creation of a self-regulatory organization for digital commodities, such as cryptocurrencies, Business Insider reports August 20. The new group, dubbed “Virtual Commodity Association Working Group,” aims to help large-scale investors get more comfortable with the crypto market, work on formulating industry standards, and “be a precursor to the formation ...

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China’s Largest Electric Bus Operator and Blockchain Firm Partner in $24 Billion Deal

U.S. technology firm Seven Stars Cloud Group (SSC) announced it had entered a deal with China’s largest electric bus operator to provide finance services using blockchain technology August 20. In a press release, NASDAQ-traded SSC said its partnership with the National Transportation Capacity Co Ltd (NTS) would run for three years and was worth $24 billion. Part of China’s ongoing ...

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Cryptocurrency Price Indexes, Explained | Cointelegraph

4. The most common data sources are cryptocurrency exchanges. Cryptocurrency exchanges are ground zero for the majority of trading activity. It is where the price of a coin gets established, depending on the buy and sell price traders are willing to accept at any one point in that specific market. Exchange prices are therefore the most accurate representation of a ...

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Cryptocurrency Price Indexes, Explained | Cointelegraph

4. The most common data sources are cryptocurrency exchanges. Cryptocurrency exchanges are ground zero for the majority of trading activity. It is where the price of a coin gets established, depending on the buy and sell price traders are willing to accept at any one point in that specific market. Exchange prices are therefore the most accurate representation of a ...

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