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Cryptocurrency News Roundup for March 16, 2020.

So, just in case you haven’t heard the big news, gold’s market capitalization shed hundreds of billions of dollars in just a single day yesterday. That shows even the planet’s ‘safe haven’ asset is no longer safe from the global slowdown caused by the Wuhan coronavirus. origin »

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Did the XLM Bounce Reverse Its Trend?.

The XLM price has been rapidly decreasing since Feb. 16. However, it reached a low of $0. 024 on March 14, which caused a quick upward bounce. The price has been increasing ever since. Stellar (XLM) Price Highlights There is support at $2. origin »

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Comparing Bitcoin’s Decrease to That of Silver and Gold.

During the week of March 9-16, the entire world economy took a beating. The majority of stock indices, commodities and cryptocurrencies all posted significant decreases. While gold and silver have been considered safe havens during times of uncertainty, they were not spared from the bearish market. origin »

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9 Binance Alternatives & Competitors – Are They Better Than Binance?.

Binance’s rise to the tops of cryptocurrency industry is well known to all crypto enthusiasts. It is one of the largest and most popular cryptocurrency exchanges which initially started in China but then relocated their headquarters to the crypto-friendly Island of Malta in the EU (but they are apparently not incorporated in Malta, read below for […]The post 9 Binance Alternatives & Competitors – Are They Better Than Binance? appeared first on CaptainAltcoin. origin »

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Major Banks Suspend Stock Buybacks as Interest Rates Fall to Zero.

Financial and crypto markets continue to quake as the coronavirus outbreak news worsens. Major US banks have taken steps to prevent stock buybacks that return capital to shareholders. According to reports, a group of major US banks including JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Wells Fargo, Goldman Sachs and two others have suspended […] The post Major Banks Suspend Stock Buybacks as Interest Rates Fall to Zero appeared first on BeInCrypto. origin »

Cryptocurrencies may be banned in Russia.

The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […] origin »

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Binance, WazirX Launch $50M Fund to Transform India’s Cryptospace .

Binance, the world’s leading Bitcoin (BTC) trading venue and its recently acquired subsidiary WazirX, have rolled out a $50 million fund to reinvigorate the Indian blockchain and cryptospace. The fund plans to lend a helping hand to startups interested in creating blockchain-based solutions to real-world problems, according to a blog post on March 16, 2020. origin »

KuCoin Names Co-Founder Johnny Lyu As KuCoin Global CEO.

The Seychelles-based crypto exchange KuCoin today announced the establishment of KuGroup, appointing CEO Michael Gan as Chairman of KuGroup and co-founder Johnny Lyu as CEO of KuCoin Global. According to an announcement from KuCoin, the newly established KuGroup consists of three business groups: KuCoin Global, KuCloud, and KuChain & KCS Ecosystem. With their new roles,... origin »

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