Crypto News Roundup for Nov. 5, 2021

Retail investors will soon have access to crypto trading options that are traditionally only available to institutional clients.Andy Cheung, former chief operating officer at OKEx, plans to launch a crypto derivative exchange called ACDX by the end of Q1 2020. The Seychelles-based exchange aims to offer futures, options, callable bull/bear contracts, warrant contracts and fixed…

Specialist investment firm Deus X has teamed up with Fabiano Consulting to explore investment and strategic opportunities in the bitcoin (BTC) mining sector.The firms are looking to be investors and treasury management providers for mining companies that are looking for funding and strategic advice, including expansion and corporate structuring, according to a statement.Deus X is

news SoFi, a millennial-focused online lending platform, will allow its customers to buy cryptocurrency through a partnership with Coinbase starting in the second quarter, CNBC reported Tuesday. “Our target audience wants to see what the price of cryptocurrency is, and to buy it,” SoFi CEO Anthony Noto was quoted as saying in the CNBC report.…

Nov 16, 2020 at 9:47 a.m. UTC(Shutterstock/Jonathan Weiss)Fidelity’s Crypto Arm Responds to 6 Common Bitcoin CriticismsFidelity Digital Assets, a subsidiary of Fidelity Investments, has responded to some of bitcoin’s most frequent criticisms, suggesting clarity is needed amid heightened interest in the cryptocurrency.In a blog post on Thursday, Director of Research Ria Bhutoria said she was…

WASHINGTON, D.C. — The federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance and Binance.US declined to order a temporary restraining order freezing the U.S. trading platform's assets.That would allow the U.S. arm of the company to continue doing business while hashing out restrictions with the regulator.If the two sides can agree…

Investors should turn their attention to the potential impact on the bitcoin (BTC) price now that spot BTC exchange-traded funds (ETFs) have been approved, broker Cantor Fitzgerald said in a research report.The approval should be viewed as a “landmark milestone in bitcoin’s short history, with substantial implications for long-term price appreciation,” Cantor said.“We believe this

Standard Chartered's (STAN) venture arm is teaming up with Japanese financial services firm SBI Holdings to form an investment company with $100 million backing to target crypto startups.SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in the United Arab Emirates (UAE) and focus on firms in market infrastructure, risk

(itti ratanakiranaworn/Shutterstock)As Gold Hits 9-Year High, Bitcoin Eyes Price BreakoutBitcoin is looking to leap key resistance alongside a strong rally in gold.  The top cryptocurrency by market value is trading around $9,300 at press time, according to CoinDesk’s Bitcoin Price Index. That’s close to the resistance of a trendline connecting June 1 and 22 highs. A…

Blockchain Bites: Figure Files for Banking Charter, Cred for BankruptcyCred is the first U.S. crypto lender to file for bankruptcy in the country. Ripple is opening regional headquarters in the Middle East. President-elect Joe Biden’s incoming administration appears to be courting at least two pro-crypto political actors for cabinet positions.Top shelfBankruptcy filingCrypto lender Cred filed…