• Binance buys CoinMarketCap
    Commentary,  Cryptocurrencies

    Binance buys CoinMarketCap, raising skepticism and doubts

    From an eyewatering reported price tag of $400 million to concerns about whether the crypto ratings site can maintain its neutrality, Changpeng ‘CZ’ Zhao’s latest purchase is raising eyebrows

    Binance CEO Changpeng "CZ" Zhao reportedly spent as much as $400 million on CoinMarketCap. If true, that’s a princely—if not laughable—sum, especially during a market crash of such historic proportions that investments and acquisitions in nearly every industry have dried up.

  • President Xi Jinping of China, speaking to G20 summit in Hamburg on July 7, 2017 (via Wiki commons).
    Asia & Australia,  Bitcoin

    No, China’s President Xi Jinping didn’t cause a Bitcoin rally

    Pundits and maximalists are just trying to see what they want to see

    Like 1960s campus radicals, Bitcoin maximalists are enthusiastically praising the wisdom of a leader of Communist China. That’s because President Xi Jinping called for his country to “take the leading position in the emerging field of blockchain.”

  • Securities and Exchange Commission chairman Jay Clayton
    Bitcoin,  United States

    SEC Chair Jay Clayton says Bitcoin ETFs are making progress

    The way Clayton described his agency’s concerns during a CNBC interview may be more telling than what he said

    Securities and Exchange Commission Chairman Jay Clayton said that agency is closer to approving a cryptocurrency ETF that would let retail investors invest in bitcoin through mainstream brokerage accounts.

  • Charts
    Cryptocurrencies

    CryptoCompare starts ranking good, bad, and ugly exchanges

    Top 10 cryptocurrency exchanges announced after grading after the data and indices provider studied more than 100 trading platforms worldwide

    Calling the cryptocurrency trading business ripe with fraud and manipulation, cryptocurrency data and indices provider CryptoCompare has begun rating the reliability of exchanges.

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