Authorities in the U.K. and Japan took aim at affiliates of Binance Holdings Ltd., the world’s largest cryptocurrency exchange network, in the latest regulatory crackdown on the wildly popular trade in bitcoin and other digital assets.
China has already banned financial institutions from providing crypto-related services. “China often does this,” Charles Hayter, CEO of crypto data firm CryptoCompare, told CNBC via email.
Galaxy Digital Holdings Ltd. will serve as a liquidity provider on Bitcoin futures for Goldman Sachs Group Inc. as the securities firm re-enters the cryptocurrency markets.
In November 2015, about 92% of bitcoin trading was done with the Chinese currency renminbi, according to data from CryptoCompare, a cryptocurrency data company.
US day trading frenzy eases as investors 'move on to other things' ... last month, according to CryptoCompare data compiled by The Block Crypto.
An influential set of cryptocurrencies is under increasing scrutiny ... About 55% of all Bitcoin purchases are now conducted with Tether, according to researcher CryptoCompare.
Digital assets under management across exchange-traded products doubled this month to a record $43.9 billion, researcher CryptoCompare said on Friday, underscoring soaring interest in securities that track digital currencies.
The London-based data firm CryptoCompare, is another big winner. Its chief executive Charles Hayter tells Sifted that the platform is now onboarding 20 new paying data clients a month.
Trading volumes across six major cryptocurrency exchanges have been 10% higher at weekends than weekdays in that period, data from researcher CryptoCompare shows.
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