The fickleness of Donald Trump’s decisions often reminds me of lunchtime — what to grub… hello Comedy Central. The Chinese call Trump’s bluff and the US has delayed imposing the 10% tariff to 15th Dec because of “pressure from local businessmen.” …. Right
Either way, this has caused the CNY-CNH spread to retrench back and cross-border USDT trades to taper off.
Crypto markets have shrugged off the bitcoin ETF approval delays but the SEC crackdown seems to have sent a few jitters as they crack down on the $14.8mn VERI token scam while Plexcorps settles with the regulator for $8.91mn.
Overstock (OSTK US) -20% posted the biggest single-day drop YTD on a double whammy from CEO Patrick Byrne’s alleged involvement in the 2016 elections and a 2Q19 miss (-69c EPS) completely overshadowing any good that could have come out from the TZROP token release.
Following yesterday’s positive headlines, New Zealand’s Auckland Savings Bank prints another milestone with its investment in TradeWindow as the company becomes the first NZ bank to invest in a tech company.
Iron Mike also wants in it seems as he prepares to enable fighters to take more of the pie with entertainment platform Fight to Fame while the Dallas Mavericks becomes the second NBA franchise to accept crypto as legal tender. #RealLifeUseCases
- Ripple ($XRP) -0.8% Bradley Sostak amends class-action suit arguing company sold unregistered securities
- Icon ($ICX) -1.9% unable to bounce despite 3mn ICX ($570K) airdrop.
- Blade: Derivatives exchange secures $4.3mn funding from Coinbase and SV Angel
- Poloniex announces further 1800 BTC compensation to users affected by $CLAM flash crash.
- Bitex provides cross-border remittance crypto rails for Bantotal operating in 14 countries and 60mn institutions in LatAm.
- Coinbase loses Barclay’s bank account replaces with ClearBank.
May the trend be your friend… Happy trading!
