Zorax Talks: Market Overview. July. – cryptoindex.io
Probably, many of you have heard that Bitcoin is called the “Locomotive of the Market”. In simple words: the market is largely dependent on the rate of Bitcoin (BTC)
In the past few weeks, there has been a lot of Bitcoin volatility. Many “whales” raised the price up, but for a long time, they could not keep it at the level of $13500.
So let’s see the most important news and events of the cryptomarket last week…
? The leading trading platform for Bitcoin derivatives trading BitMEX reported about another record — the trading volume for the year exceeded the value of $ 1 trillion.
? Litecoin received a rating “excellent” from Weiss Ratings for its investment attractiveness and massive acceptance.
? Binance Exchange intends to start trading futures in the near future for Bitcoin.
? One of the experts expressed the opinion that Facebook will need hundreds, and maybe thousands of permissions from regulators to launch Libra.
?Crypto Exchange Gemini is going to apply to the financial industry regulatory authority (FINRA) for a broker-dealer license. It will allow trade in digital securities.
?Banking and Financial Services Company founded by Richard Branson, Virgin Money intends to create its own digital wallet with cryptocurrency support.
? The Binance exchange started working with Tether tokens of the ERC-20 standard only. In this regard, on July 4, the platform replaced all OMNI addresses with ERC20 addresses.
? Cuba studying cryptocurrency as part of economic crisis measures.
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Published at Mon, 08 Jul 2019 04:41:47 +0000
