Cryptocurrency Exchanges

Both Crypto Derivatives and Spot Markets Post Record Volume in March

Source Node: https://cointelegraph.com/news/both-crypto-derivatives-and-spot-markets-post-record-volume-in-march
Time Stamp: April 5, 2020 3:06 PM - Modified On: May 21, 2021 - Published By:
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CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets — with all exchanges and markets producing $75.9 billion in trade activity over 24 hours.$54.3 billion of 71.5% of trades came from ‘Lower Tier’ exchanges, while ‘Top Tier’ exchanges generated $21.6 billion in volume.Despite Binance

Retail Bought $3.7K Bitcoin Price Dip on Record $76B Volume: Report

Source Node: https://cointelegraph.com/news/retail-bought-37k-bitcoin-price-dip-on-record-76b-volume-report
Time Stamp: April 4, 2020 5:54 PM - Modified On: May 21, 2021 - Published By:
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Although the Coronavirus pandemic has led many brick and mortar industries to close operations, cryptocurrency exchanges seem to have had their best month in a long time. According to an exchange report released by CryptoCompare, Bitcoin (BTC) trading volume saw record-breaking numbers throughout the month.Cryptocurrency market daily view. Source: Coin360The March 13 market crash that brought the Bitcoin price from $8,000 to a low of $3,800 in 24 hours registered the biggest day for crypto in terms of trading volumes registered at Bitcoin spot markets. On March 13 alone, total daily volumes

IOTA Set for More Exposure on U.S Exchanges After New 2.0 CRC Rating

Source Node: https://coinfomania.com/iota-set-for-listing-on-u-s-exchanges-crc-rating/?utm_source=rss&utm_medium=rss&utm_campaign=iota-set-for-listing-on-u-s-exchanges-crc-rating
Time Stamp: April 3, 2020 6:10 PM - Modified On: May 21, 2021 - Published By:
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IOTA (MIOTA), the native token of the distributed ledger technology project led by the IOTA Foundation, could potentially be listed on more cryptocurrency exchanges in the United States in the coming weeks, Coinfomania has learned. The anticipated listing spree, which has already begun with a Bittrex Exchange listing earlier today, follows a recent rating report published by the Crypto Rating Council (CRC) on IOTA. The digital asset has until now been sparsely traded on U.S exchanges. The reason is that its properties and mode of initial distribution (a token sale)

Malaysian Securities Regulator Approves Crypto Trading Platform

Source Node: https://cointelegraph.com/news/malaysian-securities-regulator-approves-crypto-trading-platform
Time Stamp: April 3, 2020 3:22 PM - Modified On: May 21, 2021 - Published By:
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Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet, SoyaCincau, reported on April 3. The exchange offers fiat-to-digital asset pairings.Malaysian laws require that local cryptocurrency exchanges register with the SC, after which they have up to nine month to achieve compliance with the SC’s regulation standards.Commenting on the development, Hong

Past Halvings in Review: Case for an Immediate Bitcoin Upsurge Is Flawed

Source Node: https://cointelegraph.com/news/past-halvings-in-review-case-for-an-immediate-bitcoin-upsurge-is-flawed
Time Stamp: April 3, 2020 2:15 PM - Modified On: May 21, 2021 - Published By:
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The block reward halving of Bitcoin (BTC) has long been touted as an optimistic factor to drive the short-term price trend of BTC in the first half of 2020. Historical data, however, shows that the halving does not necessarily coincide with an immediate upsurge in the price of Bitcoin.On the Bitcoin network, miners create blocks that record Bitcoin transactions to essentially verify and confirm payment data using computing power. Through large-scale mining centers filled with ASIC mining chips and sophisticated equipment, miners use a large amount of electricity and have

Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support

Source Node: https://cointelegraph.com/news/amid-widespread-privacy-coin-delistings-bitstamp-considers-zcash-support
Time Stamp: April 3, 2020 12:00 PM - Modified On: May 21, 2021 - Published By:
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Bitstamp, one of the longest-running active cryptocurrency exchanges, is considering launching a batch of new crypto asset listings.Curiously, Bitstamp is contemplating support for Zcash (ZEC), despite an increasing number of exchanges seeking to distance themselves from privacy coins due to associated regulatory risks.Bitfinex considers first new listings in 3 yearsOn March 31, Bitstamp announced it is “actively exploring” support for seven crypto assets, including two stablecoins and one privacy coin.The prospective listings comprise Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar Lumens (XLM), Paxos Standard (PAX), 0x (ZRX), USD Coin

Strict Japanese Crypto Laws Discourage Foreign Exchanges … For Now

Source Node: https://cointelegraph.com/news/strict-japanese-crypto-laws-discourage-foreign-exchanges-for-now
Time Stamp: April 1, 2020 12:25 AM - Modified On: August 29, 2021 - Published By:
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[vc_row disable_element="yes"][vc_column][vc_column_text] A new report has found strict regulations are discouraging overseas exchanges from opening in Japan, but would likely benefit new players in the long term. Double jump.tokyo, the game developer behind My Crypto Heroes, commissioned a research team at So & Sato Law Offices to carry out a comprehensive report on digital assets in Japan. Released on March 31, the report covers all aspects of digital assets in the Asian nation, from tokenized securities to crypto derivatives. Entering the crypto market under strict regulations Joerg Schmidt and So