eToro
By eToro
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Daily cryptocurrency Tracker 22.2.18: Lower volatility seen in crypto markets

Small negative movements were seen in crypto markets over the past 24 hours, as 8 of the top 10 currencies registered slight losses. The biggest movements were seen in Bitcoin Cash, which registered a loss of some 3.4%. Bitcoin was also seen slightly lower, but was able to remain stable around the $11,000 mark this morning.

Highly volatile investment product. Your capital is at risk. This is not investment Advice.

Ripple Labs expands with five new partnerships

Cryptocurrency startup Ripple Labs, creator of the XRP token, has announced partnerships with five new financial institutions. The partnerships include two banks, Itaú Unibanco from Brazil and IndusInd from India, and three payment companies: InstaReM from Singapore, Beetech from Brazil and Zip Remit from Canada. The companies will use Ripple Labs’ technology for various systems, which will enable faster cross-border payments.

Highly volatile investment product. Your capital is at risk. This is not investment Advice.

UK and Germany continue crypto regulation debate

While key members of the EU are set to meet and discuss cryptocurrency regulation next week, some countries are already pointing towards their intentions. The German Federal Financial Supervisory Authority has issued a letter, detailing precise measures for ICOs in the country. Meanwhile in the UK, the Treasury Select Committee has said it will begin looking into the risks and opportunities cryptocurrencies and blockchain technology present.

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