While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It’s Markets Daily from CoinDesk.
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Today’s stories:
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.
ErisX has released a block trading API for futures contracts and spot market trades to help large traders.
Crypto exchange Coinbase is finally acquiring Tagomi, a prime brokerage platform specializing in digital asset trading for institutional clients.
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians.
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https://www.coindesk.com/bitcoin-news-roundup-for-may-27-2020
