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Ethereum (ETH) traded in the red at press time on Sunday night amid uncertainty whether Tesla Inc (NASDAQ:TSLA) Elon Musk hinted at dumping the automaker’s cryptocurrency holdings but there is one coin that bucked the trend over the past week. What Happened: Polygon (MATIC) has soared 69.63% over a seven-day trailing period leading up to press time. On a 24-hour trailing basis, MATIC traded 1.99% higher at $1.65. Contrast this to BTC, which has fallen 22.82% in a seven-day period, and ETH which has declined 11.29%. At press time, on a 24-hour trailing basis, BTC was down 4.48% to $45,398.65, while ETH traded lower by 9.2% at $3,440.47. ....
Quick Take Wirex will not include XRP in a US version of the app when it launches in January. Ziglu has decided to suspend XRP trading as of January 12 A handful of crypto wallet firms in the UK are contemplating whether to prevent millions of customers from trading XRP. Subscribe to The Block to Unlock this Feature ....
December 30, 2020, 6:15AM EST · 1 min read The New York Department of Financial Services (NYDFS) has given Japanese tech giant GMO Internet the green light to issue two stablecoins a dollar-pegged coin (ZUSD) and a yen-pegged coin (GYEN). GYEN is the first non-USD stablecoin approved by the NYDFS. Both GYEN and ZUSD will be issued by GMO-Z.com Trust Company, a limited liability trust company that has been granted a charter by the NYDFS. GMO said to win approval for the trust, it had to meet stringent requirements for cybersecurity programs, as well as federal standards for anti-money laundering and economic sanctions. The stablecoins are expected to launch next month and will be powered by Ethereum. ....
Bitcoin s price crosses $22,000 for the first time Bitcoin s price has been hitting new records. It has crossed $22,000 for the first time. At the time of writing, the world s first and largest cryptocurrency is trading hands at around $22,167 on Coinbase, according to TradingView. The surge to $22,000 occurred in less than 12 hours. Last night, bitcoin was trading at around $21,260. Source: TradingView ....
Bitcoin options daily trading volume crosses $1 billion as bitcoin surges above $23,000 December 17, 2020, 4:21AM EST · 1 min read Bitcoin options daily trading volume has crossed the $1 billion mark for the first time, as bitcoin surges past $23,000. Crypto exchange Deribit leads the bitcoin options market, followed by Bit.com and OKEx, according to tracker Skew. Meanwhile, bitcoin is trading hands at around $23,550 on Coinbase, according to TradingView. Deribit CEO John Jansen told The Block that it is quite a special day as all metrics have hit new all-time high records for the exchange total open interest, total turnover, and total options turnover. We have seen a total turnover of $1.4 billion today (rolling 24 hours). Skew looks at calendar dates, so the market reached > $1 billion, but on Deribit alone, we traded more than that over the past 24 hrs, said Jansen. We get a lot of demand for higher strikes and have just introduced a US ....