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Bitfinex and Tether Respond to Latest Lawsuit

Bitfinex and Tether Respond to Latest Lawsuit

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$6,719

Bitcoin has fallen every other three% during the last 24 hours of buying and selling, with worth now sitting smartly underneath the $7,000 mark.

Top-20 altcoins Continue to bleed, with XRP down four% and Ethereum down three%. Cosmos stands proud, with a 6% build up during the last day.

Top Stories for November 25, 2019 🔥

👉 Bitfinex and Tether Respond to Latest Lawsuit

Bitfinex has spoke back to a “copycat” lawsuit, which is analogous to the only which was once filed in October alleging that Bitfinex and Tether participated in marketplace manipulation.

Bitfinex has known a number of similarities between the 2 court cases, claiming that the allegations are with out benefit, and they’re going to no longer settle at the go well with.

👉 JP Morgan to Fund Blockchain Automobile Inventory System

JP Morgan will finance an automotive stock device constructed on blockchain, which is designed to digitize ground plan financing.

The device will mix the usage of automobile identity numbers with good contracts, enabling real-time identity of the state of every automobile within the device.

👉 Bakkt to Launch Cash-Settled Bitcoin Futures

A up to date press free up from Bakkt introduced an drawing close release of cash-settled Bitcoin futures contracts, which shall be indexed on ICE Futures Singapore.

The new contract shall be indexed on December ninth, together with new Bitcoin choices contracts.

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