The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...
Read More »Privacy Coins Targeted: Bittrex to Delist Monero, ZCash, and Dash
Just a few days after announcing the delisting of Ripple (XRP) following the SEC charges, Bittrex has added three more coins to the list of removals. Interestingly, they are all so-called security tokens – Monero (XMR), Dash (DASH), and ZCash (ZEC).The Seattle, Washington-based cryptocurrency exchange said in a statement earlier today that it will remove Monero, Dash, and ZCash from its global platform. The company will halt trading for these markets: BTC/XMR, ETH/XMR, USDT/XMR, BTC/ZEC,...
Read More »House Approves $2,000 Direct Payments in COVID-19 Stimulus Payouts, Looks to Senate to Vote
There is a possibility that the Senate Republicans may want to hold onto their conservative approach in increased spending citing longer-term consequences.The United States House of Representatives passed the votes to support the issuance of $2,000 in stimulus checks to American households or beneficiaries, with expectations from the Senate to also sign off on the higher payments. According to a report from Newsweek, the vote from the House came a day after President Donald Trump signed off...
Read More »Binance Launches European-Style Bitcoin Options: Traders Can Issue Their Own Contracts
The world’s leading cryptocurrency exchange Binance has launched a “European-style” Vanilla Bitcoin Options contracts priced and settled in Tether (USDT) aimed at institutional and advanced investors.European-style BTC Options on BinanceThe Malta-based cryptocurrency exchange announced the latest addition to its portfolio of digital asset products in a press release shared with CryptoPotato.The announcement reads that Binance has completed a testnet trial of the new BTC options contracts in...
Read More »Why Tether (USDT) Is Exploding on TRON
Overall, $6.6 billion worth of Tether (USDT) now exists on the TRON blockchain, and between 300-400k USDT transactions are conducted each day on TRON making it arguably the number one network for USDT.If you’re a stablecoin user, odds are you are aware that Tether (USDT), the most popular USD-backed stablecoin, is available to use on multiple different networks. There’s the original Omni-based Tether, based on top of the Bitcoin blockchain, and there’s also a variety of tokenized Tether...
Read More »Market Watch: Ripple (XRP) Crashes 20% and Loses The 3rd Spot to Tether
A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...
Read More »Huobi Futures Celebrates $2.6 Trillion in Trading Volume
Huobi Futures has just celebrated over $2.6 trillion in cumulative trading volumes since its launch just over two years ago. Its launch date was December 10, 2018 and ever since then, the trading platform has gone from strength to strength, now being considered one of the go-to places for derivitace product options. A constant look towards the future and a aim to expand its product options have helped its growth. For instance, USDT-margined Swaps, Coin-margined swaps and futures are among...
Read More »Bitcoin Whales And Institutions Buy Low And Sell High: OKEx Report
A recent report posted by the popular cryptocurrency exchange OKEx says that retail investors had chased BTC’s price when it was heading higher in the past few months. In contrast, whale traders and, possibly, institutions were taking profits and primarily buying the dips.Retail Traders Chase The Price; Large Investors Take ProfitsOKEx partnered with the blockchain data company Kaiko to analyze data from the most utilized trading pair on the exchange – BTC/USDT. The two organizations followed...
Read More »AAX Futures Exchange Adds Fiat Onramp for 11 Currencies
The newly enhanced multi-account wallet AAX has provided its users supports all of the newly added fiat currencies as well as the USDT stablecoin.AAX, the rising crypto futures exchange, has announced support for 11 fiat currencies as it looks to stake its claim as a top-tier platform. The addition of a fiat on- and off-ramp for citizens of 11 new countries will be welcomed by the exchange’s 500,000 users. Popular across the CIS states, Europe, and Singapore, AAX has been on a tear lately,...
Read More »AAX Exchange Adds Bank Transfers and Support for 11 FIAT Currencies
AAX Exchagne has revealed that it is to roll out support for 11 fiat currencies this month, allowing users to deposit and withdraw funds via bank transfer. At the same time, it’s integrated the newly added currencies into its multi-currency wallet alongside USDT. The news will be welcomed by AAX users who have lacked a direct onramp until now and will bolster the platform’s efforts to onboard another half a million users.The currencies that AAX has declared support for are among the most...
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