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Major crypto exchange Kraken has opted to launch Bitcoin Cash SV trading on its exchange, but warns of “high risk.” Major U.S. cryptocurrency exchange Kraken confirmed in a blog post Nov. 18 that it had begun supporting both forks of Bitcoin Cash (BCH), while warning traders about “many red flags.” Kraken, which initially said it would only support only one of the two BCH chains – Bitcoin Cash ABC – has at press time already launched trading of its counterpart chain, Bitcoin Cash SV (BSV). The product of a contentious hard fork of the BCH network Nov. 15, Bitcoin Cash SV currently sits at the center of controversy over BCH miner coercion, with major proponent Craig Wright and his company nChain determined to corner the hash power market. Neither chain appeared to be in a position of strength Monday, with BCH prices dropping and cryptocurrency commentators such as BitTorrent founder Bram Cohen openly criticizing both the ABC and SV camps. In awarding both tokens to its users, Kraken wa..
sponsored A Santa-themed trading bot is giving crypto enthusiasts the chance to capitalize on volatility and hopes automation will help them sleigh in the marketplace. A cloud trading software platform argues the public has the chance to take advantage of volatility in the cryptocurrency marketplace through automated trading – “maximizing their opportunities” and enabling their assets to appreciate. Trade Santa says its cloud software platform is designed to automate simple strategies relied upon by thousands of traders around the world. Its bot is free to use, and the company hopes to ensure capitalizing on fluctuations in cryptocurrencies doesn’t need to be a full-time job. The team behind the Santa Bot says it takes about 10 minutes to set it up and configure the user’s desired trading parameters – such as pairings and profit targets. Detailed tutorials are provided to guide them through every step of the process. A bot’s ability to trade is delivered through API keys from support..
Crypto exchange operator OKCoin launches services in Argentina, trading national fiat peso in pairs with several major cryptocurrencies. OKCoin, the parent company for world’s largest cryptocurrency exchange OKEx, has launched fiat-crypto trading services in Argentina, the company revealed in a tweet Thursday, Nov. 15. According to the company’s blog post about the move, customers can already deposit Argentine pesos (ARS) in exchange for major cryptocurrencies, including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Ripple (XRP), Cardano (ADA), Stellar (XLM), Zcash (ZEC), and 0x (ZRX) “and more.” OKCoin has also revealed its plans to extend its services all over Latin America, adding other local fiats to the list “in the coming months.” The company also revealed its plans to open an office in Buenos Aires in the near future, building up a team to support development in the region. As of press-time, OKEx, a global service based in Hong Kong..
Following the long expected hardfork, the cryptocurrency market will most likely lose millions in trading volume as BCH tokens get frozen. Already, many exchanges has paused deposits and withdrawals of BCH in anticipation of the hard fork that is scheduled to hold today. This is in a bid to minimize disruption of their services. Apart from this, those who have BCH coins in their portfolios may be unable to access them for a while. This will undoubtedly lead to a fall in trading volume for Bitcoin Cash and the total industry. Bitcoin Cash (BCH) Price Today – BCH / USD Name Price24H (%)$5,530.17 -12.78%$440.81 -9.62% Already, one of the largest exchanges in the world, CoinBase, has announced that it will be pausing withdrawals, deposits and trading of Bitcoin Cash (BCH) they encouraged users who will want to use their tokens during this period to remove it from the wallet before the time. The announcement was as follows: “Due to the current situation in the market, we have decided to ..
Top global exchange OKEx has announced early delivery of Bitcoin Cash futures immediately after trading stop time today. The world’s current biggest crypto exchange OKEx has announced early delivery of Bitcoin Cash (BCH) futures contracts immediately after trading stop time today, Nov. 14, according a press release shared with Cointelegraph. As per the announcement, all Bitcoin Cash futures contracts have been set to stop trading at 9:05AM CET and delivered subsequently at 10:00AM CET due to the upcoming hard fork of Bitcoin Cash, Bitcoin ABC, scheduled for tomorrow, Nov. 15. According to Twitter, OKEx has released a notice on early delivery of Bitcoin Cash futures eight hours ago to press time, which means that the announcement has been made almost at the same time of the trading stop. OKEx notice of early delivery of Bitcoin Cash futures. Source: OKEx Twitter OKEx has reportedly decided not to announce the early delivery ahead of time in order to prevent potential market manipulati..
Japanese crypto exchange Coincheck has announced it has resumed NEM crypto token trading after a restructuring of its platform by external “security experts.” Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports Nov. 13. In January of this year, Coincheck suffered an industry record-breaking hack when $534 million worth of NEM was stolen from its wallets. This latest development from Coincheck reveals the exchange has “joined the Japan Security Association and is “ready to renovate its image.” Alongside NEM trades, the platform has also opened support for Ethereum (ETH) and Lisk (LSK). Coincheck is quoted as saying that "technological safety has been verified through cooperation with external experts on NEM, Ethereum, and Lisk handling (on our exchange)." As FNNews notes, Coincheck is a member of both the Japan Netwo..
U.S.-based cryptocurrency exchange Coinbase has launched full trading for the Basic Attention Token at Coinbase.com, as well as on the Coinbase Android and iOS apps. American cryptocurrency exchange and wallet provider Coinbase has announced the rollout of full trading of the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps, per a blog post published Nov. 8. According to the announcement, Coinbase’s customers can now buy, sell, send, receive, or store BAT along with other digital currencies supported on the platform. The exchange also notes that BAT will be available for customers in most jurisdictions, except initially for residents of the state of New York. Coinbase announced that it started accepting inbound transfers of BAT to Coinbase Pro last week, indicating that BAT trading would only start once the coin established sufficient liquidity. The exchange stipulated that the token would undergo four listing stages, including “transfer-only,” wher..
Cryptocurrency markets have seen mixed signals, with most top coins trading sideways and Bitcoin holding on to its weekly growth. Wednesday, Nov. 7: most major coins are slightly down today, with Bitcoin (BTC) holding on to this week’s growth. The markers are seeing mixed signals as of press time, with most top coins trading sideways, up or down by around one percent. Market visualization from Coin360 BTC is up 1.3 percent over the last 24 hours, and trading at around $6,527 at press time. The leading digital currency have seen insignificant volatility during the day, having dropped to as low as $6,441, while the intraday high reached $6,531. In terms of a weekly view, BTC has jumped by more than 3 percent, with $6,304 as its lowest price point on Nov. 1. Bitcoin 7-day price chart. Source: CoinMarketCap Ethereum (ETH) is up 0.16 percent on the day, hovering at around $218 at press time. The second largest altcoin has seen small volatility over the day, with $215 as its lowes..
Global trading platform eToro reveals its plans to launch its own cryptocurrency, GoodDollar, to provide economic tools for the unbanked. Trading platform eToro has recently unveiled blockchain-driven social project GoodDollar to tackle global wealth inequality, according to a press release obtained by Cointelegraph Wednesday, Nov. 7. GoodDollar had been presented at Web Summit held this week in Lisbon, Portugal. According to the release, eToro has invested $1 million of its funds to the project and is seeking for more partners to join the initiative. The project’s main goal is to provide economic tools for people who are unbanked or disenfranchised, creating “non-speculative cryptocurrency that aims to find ways to reduce wealth inequality on a global scale,” the release reads. The decentralized solution claims to establish a direct ownership connection between identity and the currency, thus helping to get funds directly without the interference of middlemen. Trading platform eToro,..
BancorX DApp lets users convert between different blockchain tokens without an exchange or order matching. Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5. Originally announced in September, Bancor has now expanded to the EOS blockchain, using its decentralized application (DApp) BancorX to allow users to convert between Ethereum and EOS-based tokens, without exchanges. The move is the first of its kind, Bancor says in its press release, and paves the way for “vastly more blockchains” to be included in such cross-blockchain trading. “The ability to easily convert assets cross-chain points to a future in which token projects and users are empowered to seamlessly interact with any blockchain which best suits their needs,” Bancor co-founder and head of business development Galia Benartzi commented in the announcement. BancorX currently supports a raft of ..