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Chinese Regulator Accuses Crypto Exchanges of Fraudulent Volumes

The National Internet Finance Association of China (NIFA) warned investors that cryptocurrency exchanges located outside of the country are engaged in manipulative practices on April 2.The People’s Bank of China (PBoC)-affiliated regulator cautioned investors that many off-shore exchanges wash trade to fake trade volume and engage in underhanded tactics to liquidate leverage traders.NIFA cites an…

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https://cryptonewshub.org/2020/04/03/chinese-regulator-accuses-crypto-exchanges-of-fraudulent-volumes/
Brazilian Regulators Create DLT Platform for Screening Politicians

Four of Brazil’s financial regulatory institutions are collaborating to build a streamlined blockchain-based data-sharing platform to perform background checks on political representatives and corporations.The platform, dubbed PIER, was developed by Brazil’s central bank Banco Central do Brasil (BCB). The platform saw initial participation from the BCB, the Brazilian private insurance superintendent, and the local securities…

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https://cryptonewshub.org/2020/04/03/brazilian-regulators-create-dlt-platform-for-screening-politicians/
Ripple Labs Co-Founder Recovers From Coronavirus

With all the media attention on the shortage of hospital beds and medical supplies, it’s not often that you hear an uplifting headline. Well, crypto community, chin up. Ripple Labs Chairman Chris Larsen has made a full recovery from COVID-19. And he’s encouraging others who have to donate their blood.Chris Larsen Makes a ‘Full Recovery’Posting…

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https://cryptonewshub.org/2020/04/03/ripple-labs-co-founder-recovers-from-coronavirus/
CME Bitcoin Futures Volume Hits 3-Week High as Bitcoin Extends Rally

Trading activity for bitcoin futures listed on the Chicago Mercantile Exchange (CME) has picked up pace as bitcoin has extended its recent rally to levels above $7,200. CME traded $347 million worth of futures contracts Thursday – the highest since March 16. On that day, futures witnessed a trading volume of $414 million, according to data…

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https://cryptonewshub.org/2020/04/03/cme-bitcoin-futures-volume-hits-3-week-high-as-bitcoin-extends-rally/
Google Chrome Leads the Pack, but Privacy-Oriented Browsers Gain Traction

In recent months, big-name players like Google and Apple have been going the extra mile to showcase their privacy features to the world. However, as most people are now aware, these multinational companies have business models that are centered around collecting and aggregating the data of their customers. In this regard, growing interest in privacy-first browsers…

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https://cryptonewshub.org/2020/04/03/google-chrome-leads-the-pack-but-privacy-oriented-browsers-gain-traction/
Mike Novogratz May ‘Hang His Spurs’ if Bitcoin Doesn’t Hit $20K in 2020

As cryptocurrency markets have been edging up over the past two weeks amid multiple sell-offs on the mainstream market, the crypto community has become even more bullish on the price of the major cryptocurrency, Bitcoin (BTC).Mike Novogratz, CEO of crypto merchant bank Galaxy Digital and a well-known Bitcoin bull, has once again reiterated his bullish…

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https://cryptonewshub.org/2020/04/03/mike-novogratz-may-hang-his-spurs-if-bitcoin-doesnt-hit-20k-in-2020/
Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether

Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with Tether (USDT).In an announcement published on April 2, the exchange revealed the service would be available on its website and app. It will, however, be restricted for…

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https://cryptonewshub.org/2020/04/03/bithumb-global-launches-margin-trading-for-bitcoin-and-ether-pairs-with-tether/
YouTube Bans Drive Cryptocurrency Fans to Decentralized Alternatives

In recent years, Google-owned video-sharing platform YouTube deleted and banned an array of cryptocurrency-related channels. The platform’s policy has driven cryptocurrency enthusiasts to look for decentralized alternatives to YouTube, which allow users to skirt censorship and even incentivize them with their own tokens.In a YouTube video published on April 1, a channel dubbed Bitcoin for…

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https://cryptonewshub.org/2020/04/03/youtube-bans-drive-cryptocurrency-fans-to-decentralized-alternatives/
FBI Used Bitcoin Trail to Catch Russian Rapper Accused of Money Laundering

The Federal Bureau of Investigation (FBI) used bitcoin wallet activity and an old exchange account as key evidence to arrest a Russian rapper on charges of conspiracy to commit money laundering. In an affidavit unsealed earlier this week, FBI special agent Samantha Shelnick said she and her team had used the digital paper trail to…

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https://cryptonewshub.org/2020/04/03/fbi-used-bitcoin-trail-to-catch-russian-rapper-accused-of-money-laundering/
Coronavirus Pandemic Reminds Us That Security Is Important During the Zoom Boom

Even with all the looming uncertainty surrounding the global COVID-19 pandemic, system security needs to remain at the forefront of companies’ planning. Businesses around the world are shutting down under local, state or national decrees as COVID-19 fears bring caution regarding public gatherings. Unsurprisingly, hackers have used the unprecedented opportunity of chaos and panic to probe…

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https://cryptonewshub.org/2020/04/03/coronavirus-pandemic-reminds-us-that-security-is-important-during-the-zoom-boom/
Blockchain Head at European Commission Explains Usefulness of DLT

The head of the digital innovation and blockchain unit at the European Commission (EC), Pēteris Zilgalvis, explained the concise benefits of distributed ledger technology (DLT) in an interview to The Banker, a subsidiary of the Financial Times. In the interview, published on April 3, Zilgalvis talked about the benefits and challenges of the technology.According to…

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https://cryptonewshub.org/2020/04/03/blockchain-head-at-european-commission-explains-usefulness-of-dlt/
Huobi Charity to Distribute $50,000 in Native Tokens in Indonesia

Huobi’s charity arm has announced an initiative to distribute aid to assist Indonesia’s fight against COVID-19.Huobi Charity will distribute aid in partnership with the Indonesia-China Association of Economic, Social and Cultural Cooperation (ICAESCC) to make monetary contributions, donate medical supplies, and leverage blockchain technology to assist healthcare organizations.Huobi launches coronavirus charity initiative in IndonesiaTo provide…

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https://cryptonewshub.org/2020/04/03/huobi-charity-to-distribute-50000-in-native-tokens-in-indonesia/
Nationwide Lockdown: Indian Cryptocurrency Exchanges See Signups and Trade Volumes Increase

India is currently under a nationwide lockdown due to the coronavirus outbreak. News.Bitcoin.com talked to executives of local cryptocurrency exchanges to find out the impact of the lockdown on cryptocurrency trading. They revealed that more people are actually trading cryptocurrencies on their platforms since the lockdown began. Also read: IMF Declares Global Recession, 80 Countries…

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https://cryptonewshub.org/2020/04/03/nationwide-lockdown-indian-cryptocurrency-exchanges-see-signups-and-trade-volumes-increase/
Looking for a Safe Digital Asset? Try Gold

Olga Feldmeier is CEO and co-founder of SMART VALOR, a European digital asset platform for trading, staking and issuance. She previously held executive positions at UBS and Barclays.  The rapid spread of the coronavirus caught most of us completely unprepared, including most of us in finance. Now is the time for most people to adjust their financial holdings. The flight to…

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https://cryptonewshub.org/2020/04/03/looking-for-a-safe-digital-asset-try-gold/
Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support

Bitstamp, one of the longest-running active cryptocurrency exchanges, is considering launching a batch of new crypto asset listings.Curiously, Bitstamp is contemplating support for Zcash (ZEC), despite an increasing number of exchanges seeking to distance themselves from privacy coins due to associated regulatory risks.Bitfinex considers first new listings in 3 yearsOn March 31, Bitstamp announced it…

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https://cryptonewshub.org/2020/04/03/amid-widespread-privacy-coin-delistings-bitstamp-considers-zcash-support/
As Malta Delays Regulatory Clarity, Fewer Firms Remain on ‘Blockchain Island’

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric…

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https://cryptonewshub.org/2020/04/03/as-malta-delays-regulatory-clarity-fewer-firms-remain-on-blockchain-island/
ShapeShift Enables US-Based Customers to Buy Crypto With Debit Card

Switzerland-based crypto exchange, ShapeShift, has enabled its United States-based customers to buy Bitcoin (BTC) and Ethereum (ETH) with a debit card in the new exchange’s platform.ShapeShift’s founder, Eric Voorhees, announced the development in a tweet on April 3, saying:“If you’re in the US, you can buy Bitcoin instantly in the new ShapeShift.com platform with your…

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https://cryptonewshub.org/2020/04/03/shapeshift-enables-us-based-customers-to-buy-crypto-with-debit-card/
Oil Prices Surge 24%, Will Bitcoin Bulls Follow Suit?

Bitcoin has been bullish this week, peaking yesterday at over $7,083 on Coinmarketcap and even surpassing $7,200 on several major exchanges. The cryptocurrency declined below $6,900 as of today, but the bullish stance might be supported by surging oil prices.Bitcoin-Oil CorrelationBitcoin usually doesn’t show any correlation to traditional assets. Still, it fell below $8,000 specifically…

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https://cryptonewshub.org/2020/04/03/oil-prices-surge-24-will-bitcoin-bulls-follow-suit/
Oil volatility following Trump tweets brings crypto traders to PrimeXBT

Few asset classes are as known for their volatility as cryptocurrencies like Bitcoin, Ethereum, and others are. Because these young digital asset valuations are driven primarily by speculation and hype, they are especially susceptible to wild price swings.However, today, it was the oil market that experienced crypto-like gains, causing the price per barrel of oil…

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https://cryptonewshub.org/2020/04/03/oil-volatility-following-trump-tweets-brings-crypto-traders-to-primexbt/
Ether-Bitcoin Price Volatility Spread Hits 4-Month Low

Cryptocurrency prices have always been roller coasters, and some rides are scarier than others. However, there may not be much difference in price volatility between the top two coins in the coming months, a key metric indicates. The spread between the three-month at-the-money implied volatility for ether (ETH) and bitcoin (BTC), a measure of expected relative…

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https://cryptonewshub.org/2020/04/03/ether-bitcoin-price-volatility-spread-hits-4-month-low/