Xena Launches Leveraged Contract for Yet to Be Released Telegram Token

Xena Launches Leveraged Contract for Yet to Be Released Telegram Token

The Telegram token (gram) has started trading as a perpetual contract on London-based Xena Exchange. On Mar. 12, the crypto exchange launched a derivative contract for gram, with up to 100x leverage. The Xena-listed perpetual contracts are publicly tradable and are intended to provide liquidity for the gram token ahead of its release later this…

Crypto Market Wrap: Will $3 Billion Recovery Lead Markets Higher?

Crypto Market Wrap: Will $3 Billion Recovery Lead Markets Higher?

Crypto markets recover from correction; Litecoin, BNB, Stellar and Dash going strong. Market Wrap Crypto markets have bounced back from the dip yesterday to the same level they traded at for the past few days. The minor dump dropped markets back to $130 billion but they have since recovered back to resistance levels again. Bitcoin…

Mexico’s Central Bank Publishes ‘Catch-22’ Rules Impacting Crypto Exchanges

Mexico’s Central Bank Publishes ‘Catch-22’ Rules Impacting Crypto Exchanges

The central bank of Mexico has published rules on crypto assets that put crypto exchanges in “a catch-22 type of situation,” the CEO of a local exchange explained to news.Bitcoin.com. They “essentially stipulated that they wouldn’t authorize any cryptocurrency to be offered by regulated financial companies.” Also read: SEC Chair Explains Key Upgrades Needed for…

SEC Chairman Affirms Stance that Ethereum (ETH) is Not a Security, Could XRP be Next?

SEC Chairman Affirms Stance that Ethereum (ETH) is Not a Security, Could XRP be Next?

The Securities and Exchange Commission’s (SEC) Chairman reaffirmed his agency’s previous stance that Ethereum (ETH) is not a security product, and as such it falls under different regulatory structure that is far more crypto-friendly. He also added that cryptocurrencies similar to Ethereum are also exempt from being classified as securities – although he didn’t name…

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