The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the volume of BTC futures contracts has also been on the rise at CME, as it hits the highest number in the last month. Meanwhile, Bitcoin has been on the rise in the past 24 hours just before the contracts are about to expire.CME Group Bitcoin Futures To Expire TodayAccording to the contract specifications, the cash-settled Bitcoin Futures on...
Read More »Chinese Exchange IDAX Freezes Withdrawals, Confirms CEO’s Dissappearance
After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week.IDAX Global CEO DisappearsIDAX Global cryptocurrency exchange was the subject of a fair share of negative news over the last several months. After reportedly leaving the U.S. and Canada due to strict regulations, the company had to stop serving users in its...
Read More »Report: German Banks Could Be Able To Store Bitcoin From 2020
While most countries are struggling to understand and regulate cryptocurrencies, Germany might actually introduce them to the general public. A new proposed bill in the country suggests that as of next year, clients should be able to store Bitcoin and other digital assets directly in banks.Bitcoin Storage In German Banks?Germany might be on its way to lead in cryptocurrency adoption. A recent report shows that the country is looking to implement a new set of rules to benefit cryptocurrency...
Read More »Changpeng Zhao (CZ): Blockchain Will Be Bigger Than The Internet
One of the most influential people within the cryptocurrency community, Changpeng Zhao, recently spoke about the current and future state of blockchain and cryptocurrencies, in general. The founder and CEO of Binance shared his opinion on the market, the prices, and his belief that blockchain will have a more significant impact on the world than the internet.Blockchain’s Impact On The WorldIn a recent interview, Changpeng Zhao, the CEO of the largest cryptocurrency exchange Binance, said that...
Read More »Bitcoin Price Surges $800 In 24-Hours, Major Altcoins Follow: Thursday Crypto Market Watch
Bitcoin went on a wild ride in the past 24 hours. The cryptocurrency began the day trading at around $7,100 only to drop down to about $6,850 in a sudden move south. However, bulls took it from there, and the BTC price shot up to $7,660, which was also the daily high.Currently trading at around $7,500, Bitcoin has managed to retain its price above the significant resistance area between $7,300 and $7,400. As Cryptopotato reported yesterday, the next resistance to watch lies at $7,700, and for...
Read More »Quicker Than Libra: SAGA To Launch A Stablecoin Pegged To SDR
Libra’s announcement earlier this year brought a lot of mixed reactions, but it also attracted a lot of attention towards the field, causing other teams to think in this direction. One of these is Saga Monetary Technologies’ token dubbed SGA, which will be launched on December 10th. SGA token will be pegged to the Special Drawing Right monetary reserve.A New Type Of StablecoinSaga Monetary Technologies announced the creation of SGA – a new type of stablecoin. It will start trading on December...
Read More »UpBit Exchange Hacked: Confirms $50 Million Worth Of Ethereum (ETH) Stolen
The South Korean cryptocurrency exchange, UPbit, is showing suspicious activity which some people are linking with a potential hack. Over $50 million have been withdrawn from the exchange to an anonymous account, and all transactions have been stopped. The exchange has since come up with an official statement, saying that it will cover all of it with corporate funds.UPbit Exchange Hacked?The cryptocurrency exchange UPbit has stopped all withdrawals and deposits for the moment. The company is...
Read More »Research: Only 7% Of Ethereum’s Circulating Supply Is Kept On Exchanges
According to recent statistics, only about 7% of the circulating ETH is currently being held in cryptocurrency exchanges. This represents a notable decrease throughout the past few years. Data also reveals how storage was redistributed among the various exchanges over the same period.Ethereum Exchange Storage DecreasesPopular cryptocurrency monitoring resource TokenAnalyst has presented exciting information from the last four years. Within this period, the whole cryptocurrency community...
Read More »CEO of $250 Billion Investment Fund Unwittingly Linked To A Bitcoin Scam
The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook.Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday:“Just to alert everyone that there have been some more fat frogs jumping in the streets! […] The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced...
Read More »CEO of $230 Billion Investment Fund Unwittingly Linked To A Bitcoin Scam
The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook.Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday:“Just to alert everyone that there have been some more fat frogs jumping in the streets! […] The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced...
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