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Mark Cuban compares the crypto boom to the dot-com bubble, defends Robinhood, and calls for stablecoin regulation in a new interview. Here are the 10 best quotes. | Currency News | Financial and Business News

October 22, 2021 by admin

Mark Cuban. Steve Jennings/Getty Images Mark Cuban praised cryptocurrencies and Robinhood for encouraging young people to invest. The “Shark Tank” star compared bitcoin to gold, and called for stablecoins to be regulated. The billionaire advised parents to join TikTok and YouTube to understand how children learn today. Mark Cuban praised cryptocurrencies for enticing young people … Read more

Bitcoin briefly crashed 87% to about $8,000 on Binance’s US crypto trading platform | Currency News | Financial and Business News

October 21, 2021 by admin

Bitcoin. Nurphoto Bitcoin plummeted to $8,200 on Binance’s US platform, Coin Telegraph first reported. The brief decline in the cryptocurrency was an 87% fall from $65,815. Binance’s CEO tweeted “expect very high volatility in #crypto over the next few months.” Bitcoin briefly plummeted to about $8,000 on Thursday – but only on the Binance US … Read more

Crypto glossary | Financial Times

October 21, 2021 by admin

Alt or alternative coins: Any cryptocurrency other than the original cryptocurrency, Bitcoin, is known as an alt-coin. Alt-coins range from relatively well-established and popular coins like Ether through to joke currencies like dogecoin. The term is also sometimes applied to stablecoins or to tokens that represent a stake of ownership, such as a security token.Automated … Read more

Financial Advisors Managing $110 Trillion Can Now Offer Crypto Trading to Clients via Interactive Brokers – Featured Bitcoin News

October 19, 2021 by admin

Registered investment advisors (RIAs) with about $110 trillion under management can now offer their clients cryptocurrency trading through Interactive Brokers. RIAs manage portfolios of almost 61 million clients. Registered Investment Advisors Can Now Offer Cryptocurrencies to Clients Global investment firm Interactive Brokers Group (Nasdaq: IBKR) announced Monday the launch of cryptocurrency trading for registered investment … Read more

Bloomberg and Kaiko Issue First Financial Instrument Global Identifiers for Crypto Assets

October 14, 2021 by admin

FIGI enables interoperability, transparency, and efficiency between industry participantsPublished: Oct. 14, 2021 at 7:00 AM CDT|Updated: 18 minutes agoNEW YORK, Oct. 14, 2021 /PRNewswire/ — Bloomberg and Kaiko are pleased to announce the issuance of the first series of Financial Instrument Global Identifiers covering crypto assets.BloombergThe Financial Instrument Global Identifier (FIGI) is an open standard of … Read more

IMF warns of the danger to the financial system from ‘disappearing’ crypto coins and the instability of stablecoins | Currency News | Financial and Business News

October 13, 2021 by admin

Bitcoin balloon Andriy Onufriyenko The IMF warned countries about the risks that came with the growing crypto space in a report Tuesday. More than 16,000 tokens have been listed on exchanges, but only around 9,000 exist today, the report said. The fund said stablecoins were vulnerable to volatility and investor runs despite being pegged to … Read more