|Day's Range||1.002 - 1.015|
|52 Week Range||0.9457 - 1.0572|
|Volume (24hr) All Currencies||18.71B|
Cryptocurrency exchange Binance’s futures trading platform, Binance Futures, has just increased leverage up to 125 times from 20 times earlier. Announcing the news on Friday, Binance said traders can now select any leverage from 1x to 125x for its bitcoin (BTC)/ tether (USDT) futures contracts.The post Binance increases leverage up to 125x for its futures trading platform appeared first on The Block.
Cryptocurrency exchange Huobi Global will soon allow residents of Turkey to buy cryptocurrencies with their local fiat currency, the Turkish lira.The post Huobi launching fiat-to-crypto gateway in Turkey later this year appeared first on The Block.
Cryptocurrency exchange Bitfinex has just launched a new loyalty program, claiming to offer users an opportunity to earn “unlimited” commissions.The program, dubbed “Bitfinex Affiliate Program,” is a tiered commission structure, which allows participants to refer their social network and earn a commission up to 3 degrees of connection, according to a press release shared with The Block on Thursday. The post Bitfinex launches a loyalty program, offering users to earn ‘unlimited’ commissions appeared first on The Block.
The Facebook executive behind the Libra blockchain project says its developers are designing the cryptocurrency under the assumption that it could grow large enough to present risks to the economy.
Blockchain analytics firm CipherTrace has added support for over 700 digital assets, including bitcoin cash (BCH), ether (ETH), litecoin (LTC) and stablecoin tether (USDT), to its platform.The post CipherTrace adds support for over 700 crypto assets, including bitcoin cash, ether and tether appeared first on The Block.
The head of Facebook's blockchain project told Yahoo Finance that the development of the Libra project will get harder but said the departure of seven founding companies has forced "no change."
CFTC chairman Heath Tarbert believes ether (ETH) is a commodity and falls under the jurisdiction of the CFTC—and he expects to see ether futures contracts.
Tether claimed in a company post today that the firm expects a self-described "meritless and mercenary lawsuit" based on a study that states, according to Tether, "that Tether issuances are responsible for manipulating the cryptocurrency market." Bitfinex, Tether's affiliated company, issued a similar company statement today, with the word "Bitfinex" replacing "Tether" through much of […]The post Tether and Bitfinex decry expected "meritless and mercenary" cryptocurrency market manipulation lawsuit appeared first on The Block.
Bitrue, a Singapore-based cryptocurrency exchange focused on serving the XRP community as it supports over 50 XRP pairs, is entering into the lending market.The post XRP-focused crypto exchange Bitrue entering into lending space appeared first on The Block.
Cryptocurrency exchange OKEx has been preparing to launch Tether (USDT) margin futures next month. An OKEx spokeswoman told The Block on Monday that the product is currently scheduled to launch in October, but the exact launch schedule is yet to be determined.The post Crypto exchange OKEx eyeing launch of Tether margin futures in October appeared first on The Block.
Crypto exchange Binance’s U.S. platform is launching with seven coins, instead of six as previously announced. Binance.US has now also added its native token BNB to its platform in the “first phase,” several users posted screenshots of the development on Twitter.The post Binance.US adding 7th coin to its platform - native token BNB appeared first on The Block.
Binance Futures, the futures trading platform from cryptocurrency exchange Binance, is officially going live tomorrow. The platform had previously been in beta mode.The post Binance Futures going live; offering 50% discount on trading fees appeared first on The Block.
Stablecoins issuer Tether has pledged to donate $1 million to help support victims of Hurricane Dorian that devastated the northwestern Bahamas and caused significant damage to the Southeastern U.S.The post In first, Tether pledges to donate $1M for Hurricane Dorian relief appeared first on The Block.
Cryptocurrency exchange Coinbase has backed a $4.3 million seed funding round for upcoming cryptocurrency derivatives exchange Blade. The round also saw participation from venture firms SV Angel, A.Capital and Slow Ventures, among others, according to a report from TechCrunch on Monday.The post Coinbase backs $4.3M seed round for upcoming crypto derivatives exchange Blade appeared first on The Block.
The world’s largest cryptocurrency exchange Binance has today officially launched margin trading for “evolving cryptocurrency traders.” Margin trading is trading with borrowed money, which comes with higher profit potential and greater risk.The post Margin trading at Binance goes live appeared first on The Block.
Cryptocurrency exchange Poloniex has announced the introduction of seven new asset pairs, with three markets tied to USD Coin (USDC) and four tied to Tether (USDT). The post Poloniex introduces new asset pairs for Tether and USDC appeared first on The Block.
The following transcript is taken from episode five of The Scoop, The Block's new podcast.The post A Conversation with Stephen Palley, Partner at Anderson Kill appeared first on The Block.
New York Supreme Court judge Joel M. Cohen has granted the motion to modify the substance and temporal scope of the preliminary injunction Letitia James, NY AG, filed against Bitfinex on April 25.The post Bitfinex preliminary injunction modified to last 90 days, Tether's ability to extend credit line still frozen appeared first on The Block.
The following transcript is taken from episode four of The Scoop, The Block's new podcast.The post What the heck is happening at Bitfinex? appeared first on The Block.
Cryptocurrency exchange Bitfinex has published the official white paper for its planned $1 billion initial exchange offering (IEO).Bitfinex’s exchange tokens, called LEO, will be offered to private investors first, as per previous reports.The post Bitfinex releases white paper for $1 billion token sale appeared first on The Block.
The CFO of Bitfinex assured key shareholders that the $851 million in missing funds revealed by the NYSAG lawsuit are in fact safe and will be accessible in a few weeks, per reporting by CoinDesk, which spoke with large Bitfinex shareholder Zhao Dong.The post Bitfinex CFO assures shareholders the $851 million in missing funds will be released in a "few weeks" appeared first on The Block.
Chainalysis, a firm that develops compliance software, announced Wednesday that it has expanded its KYC services to cover four new cryptocurrencies, helping financial institutions, exchanges, and law enforcement agencies to monitor illicit activities across more blockchains.The post Chainalysis extends its compliance service to four new cryptocurrencies citing high demand and regulatory pressure appeared first on The Block.
Crypto exchange Gate.io has raised $64 million in crypto assets to launch its own cryptocurrency and blockchain through an IEO (initial exchange offering), CoinDesk writes.The post Gate.io exchange raises $64 million to launch new cryptocurrency and blockchain appeared first on The Block.
Tether (USDT), the controversial stablecoin issued by Tether Limited, has experienced its highest daily volume since first being issued in 2015, according to data from CoinMetrics.io.The post Daily transaction volume for Tether sees all-time high appeared first on The Block.
Trump Administration Says China Still Being Bad On Trade Prepare for another round of trade war headlines. The United States Trade Representative (USTR) has come out with another report blaming China for all the problems revolving around trade between itself and the US. “This update shows that China has not fundamentally altered its unfair, unreasonable, […] The post Market Morning: Trump Grumpy on China, JCPenney Last Hurrah, US Sticks With Saudis appeared first on Market Exclusive.