Japan’s DMM Crypto shuts down Seamoon Protocol amid challenges

Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.

Licensed crypto exchange Huobi Japan has raised 5 million yen ($4.6 million) from Financial Products Group (FPG), a financial instruments business operator.The development was revealed in a press release shared with Cointelegraph on Oct. 25.Future cooperation on digitized securitiesHuobi Japan is a wholly-owned subsidiary of major Singapore-based crypto exchange Huobi, which serves traders across over…

Bitcoin may find buyers close to $56,000, benefitting select altcoins such as SOL, XRP, KAS, and AAVE.

Holding Bitcoin (BTC) in treasury will soon become a corporate standard. Wall Street firm MicroStrategy recently made headlines when it decided to allocate a large portion of its treasury to Bitcoin, buying over 21,000 BTC in August and almost 17,000 more in September, making its CEO, Michael Saylor, seem quite prescient already. MicroStrategy stock rallied…

What could the rockstar be cooking up for the blockchain industry? Responding to a tweet from Cameron Winklevoss, co-founder of the Gemini crypto exchange, rock star Gene Simmons said he plans to make Bitcoin (BTC) and Ethereum (ETH) more easily accessible. "It's easier to buy Bitcoin and Ether if you are already in the old system,"…

Bitcoin (BTC) looked to target new August highs at the Aug. 8 Wall Street open as upcoming United States inflation data fueled sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$25,000 next major BTC resistanceData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit $24,246 on Bitstamp, its best since July 30.The pair was within…

Progressive International made another case for Bitcoin as a tool for circumventing the traditional financial system. 284 Total views 13 Total shares Progressive International, a global organization supporting progressive left-wing activists and organizers, is moving into cryptocurrencies in response to getting de-banked by major payment and banking firms.The organization took to Twitter on Monday to…

The United States Congress is contemplating developing a blockchain-based system to allow remote Senate voting. 237 Total views 8 Total shares A staff memo has revealed that the U.S. Congress is considering blockchain technology as a means for the Senate to conduct remote voting amid the coronavirus pandemic.The report states that blockchain may be deployed…

JPMorgan's analysts consider Bitcoin's declining open interest to be a sign that the current price trend may be weakening. 292 Total views 2 Total shares The cryptocurrency market's recent downtrend appears to be coming to an end, as JPMorgan's latest research suggests that most long-position liquidations have been completed.According to a Bloomberg report, analysts for…