Revised drafts and proposals for crypto-related Special Reporting Act released — link
Obtained drafts and proposals were made by advisors to financial authorities and members of the Blockchain Association in regard to definitions and rules for virtual assets exchanges in South Korea
Obtained drafts and proposals were made by advisors to financial authorities and members of the Blockchain Association in regard to definitions and rules for virtual assets exchanges in South Korea
Huobi Global Launched a Special Event with a ~ $120K Reward Pool For HT Holders
Huobi Global has now officially launched “HT Lotto Phase 1” promotion with a 1.2M AAC (~ $120K) Reward Pool for Huobi Token holders.
🔹Promotion 1: Lucky draw of 50 Lotto winners to evenly split 600,000 AAC:
✔️ID verified users;
✔️Average HT holdings ≥ 1000 for 31 May – 29 June.
🔹Promotion 2: Hold 1000 HT on the day of the promotion and split 600,000 AAC evenly:
✔️Snapshot will be taken at random time on June 30;
✔️ID verified users with HT holdings ≥ 1000 HT.
‼️ HT Lotto is an exclusive benefit for HT holders, which irregularly brings extra airdrop or double rewards.
👉 https://bit.ly/2CSEBWH
Huobi Global has now officially launched “HT Lotto Phase 1” promotion with a 1.2M AAC (~ $120K) Reward Pool for Huobi Token holders.
🔹Promotion 1: Lucky draw of 50 Lotto winners to evenly split 600,000 AAC:
✔️ID verified users;
✔️Average HT holdings ≥ 1000 for 31 May – 29 June.
🔹Promotion 2: Hold 1000 HT on the day of the promotion and split 600,000 AAC evenly:
✔️Snapshot will be taken at random time on June 30;
✔️ID verified users with HT holdings ≥ 1000 HT.
‼️ HT Lotto is an exclusive benefit for HT holders, which irregularly brings extra airdrop or double rewards.
👉 https://bit.ly/2CSEBWH
Bitcoin Options Open Interest Dropped by 52%
In the wake of the huge expiry that happened on June 26, the total Bitcoin option open interest fell by 52%: from $1.874B to $0.894B.
As of June 28, the total open interest showed a tiny recovery to $0.957B:
$727M on Deribit;
$145M on CME;
$49M on OKEx;
$36M on Ledger X.
Options analytics 👉
https://cryptorank.io/derivatives-analytics/options
In the wake of the huge expiry that happened on June 26, the total Bitcoin option open interest fell by 52%: from $1.874B to $0.894B.
As of June 28, the total open interest showed a tiny recovery to $0.957B:
$727M on Deribit;
$145M on CME;
$49M on OKEx;
$36M on Ledger X.
Options analytics 👉
https://cryptorank.io/derivatives-analytics/options
📈Market Overview
Bitcoin is slowly moving higher and trading above the $9,100 level.
Yesterday, BTC started a decent recovery wave from the $8,813 swing low, but the price was lacking momentum above the $9,200 resistance. It is currently consolidating near the broken trend line at $9,170.
An initial support is near $9,120, the 23.6% Fib retracement level of the upward move from the $8,813 to $9,226.
Market capitalization: $269.60B (+0.22%)
The BTC dominance: 62.30% (0%)
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Molecular Future (MOF) +90,97%
Davinci Coin (DAC) +42,87%
Fleta (FLETA) +34,72%
👉 Top Losers
Balancer (BAL) -17,90%
IoT Chain (ITC) -14,00%
SwissBorg (CHSB) -12,10%
BTC Futures
Aggregated Volume — $8.27B
Aggregated Open Interest — $3.05B
👉 Derivatives Market Analytics
Bitcoin is slowly moving higher and trading above the $9,100 level.
Yesterday, BTC started a decent recovery wave from the $8,813 swing low, but the price was lacking momentum above the $9,200 resistance. It is currently consolidating near the broken trend line at $9,170.
An initial support is near $9,120, the 23.6% Fib retracement level of the upward move from the $8,813 to $9,226.
Market capitalization: $269.60B (+0.22%)
The BTC dominance: 62.30% (0%)
Fear & Gread Index: 44 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Molecular Future (MOF) +90,97%
Davinci Coin (DAC) +42,87%
Fleta (FLETA) +34,72%
👉 Top Losers
Balancer (BAL) -17,90%
IoT Chain (ITC) -14,00%
SwissBorg (CHSB) -12,10%
BTC Futures
Aggregated Volume — $8.27B
Aggregated Open Interest — $3.05B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Kyber's KNC Joins List of Collateral Assets on DeFi Protocol Maker — link
#2 World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain — link
#3 Russia's Blockchain-Based E-Vote System Suffers Node Attack — link
#4 Bitcoin Could be Stolen in Lightning Network Attack, Warn Researchers — link
#5 Wirecard is Allowed to Resume Issuing E-money and Providing Payment Services — link
#6 Binance is Finalizing a Deal to Buy Majority Stake in Swipe, Setting Stage for Payments Card Launch — link
👉https://cryptorank.io/news
#1 Kyber's KNC Joins List of Collateral Assets on DeFi Protocol Maker — link
#2 World’s Biggest Mining Firm Makes First Ore Trade on a Blockchain — link
#3 Russia's Blockchain-Based E-Vote System Suffers Node Attack — link
#4 Bitcoin Could be Stolen in Lightning Network Attack, Warn Researchers — link
#5 Wirecard is Allowed to Resume Issuing E-money and Providing Payment Services — link
#6 Binance is Finalizing a Deal to Buy Majority Stake in Swipe, Setting Stage for Payments Card Launch — link
👉https://cryptorank.io/news
Elrond listed on Binance-backed Indian Exchange WazirX 🇮🇳
⏰ The $ERD/$USDT pair will be live on WazirX today at 13:30 UTC.
‼️ Users can trade ERD on WazirX immediately, with deposits and withdrawals to be available after the ERD mainnet launch.
✔️ Launched in 2018, WazirX is India’s fastest growing cryptocurrency exchange with almost 600k users. WazirX is a part of the Binance ecosystem, and available for a global audience.
Details 👉 https://bit.ly/3dN7AI2
⏰ The $ERD/$USDT pair will be live on WazirX today at 13:30 UTC.
‼️ Users can trade ERD on WazirX immediately, with deposits and withdrawals to be available after the ERD mainnet launch.
✔️ Launched in 2018, WazirX is India’s fastest growing cryptocurrency exchange with almost 600k users. WazirX is a part of the Binance ecosystem, and available for a global audience.
Details 👉 https://bit.ly/3dN7AI2
Futures vs Spot Volume By Top Crypto Exchanges
According to CryptoRank data, exchanges which offer both, derivatives and spot market, demonstrate explicit dominance of futures volume over spot's for 24H.
Huobi - $3.11B vs $0.67B;
OKEx - $2.59B vs $1.15B;
Binance - $2.30B vs $1.12B;
BitMart - $770M vs $38M;
FTX - $220M vs $33M;
Gate - $100M vs $25M.
👉 Derivatives Market Analytics
According to CryptoRank data, exchanges which offer both, derivatives and spot market, demonstrate explicit dominance of futures volume over spot's for 24H.
Huobi - $3.11B vs $0.67B;
OKEx - $2.59B vs $1.15B;
Binance - $2.30B vs $1.12B;
BitMart - $770M vs $38M;
FTX - $220M vs $33M;
Gate - $100M vs $25M.
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin is trading well above the $9,000 support.
The bulls are facing a few important hurdles near $9,200 and $9,300. The recent high was formed near $9,225 before the price broke the 23.6% Fib retracement level of the upward move from $8,813 to $9,225. The decline was limited below the $9,100 level and the 100 hourly SMA.
There is a crucial contracting triangle forming with resistance near $9,160 on the hourly chart.
Market capitalization: $269.92B (+0.22%)
The BTC dominance: 62.34% (+0.16%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
AMO Coin (AMO) +69,37%
Sentinel Protocol (UPP) +67,00%
StakeNet (XSN) +36,08%
👉 Top Losers
Davinci Coin (DAC) -40,10%
Molecular Future (MOF) -39,50%
Apix (APIX) -30,21%
BTC Futures
Aggregated Volume — $6.23B
Aggregated Open Interest — $3.04B
👉 Derivatives Market Analytics
Bitcoin is trading well above the $9,000 support.
The bulls are facing a few important hurdles near $9,200 and $9,300. The recent high was formed near $9,225 before the price broke the 23.6% Fib retracement level of the upward move from $8,813 to $9,225. The decline was limited below the $9,100 level and the 100 hourly SMA.
There is a crucial contracting triangle forming with resistance near $9,160 on the hourly chart.
Market capitalization: $269.92B (+0.22%)
The BTC dominance: 62.34% (+0.16%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
AMO Coin (AMO) +69,37%
Sentinel Protocol (UPP) +67,00%
StakeNet (XSN) +36,08%
👉 Top Losers
Davinci Coin (DAC) -40,10%
Molecular Future (MOF) -39,50%
Apix (APIX) -30,21%
BTC Futures
Aggregated Volume — $6.23B
Aggregated Open Interest — $3.04B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Nearly 2 Million UK Residents Own Bitcoin and Other Cryptocurrencies — link
#2 ETH Scalability Isn’t Going to Be an Issue Soon, Suggests Vitalik Buterin — link
#3 Beijing Sets up Special Fund as Part of Plan to Become a Blockchain Hub by 2022 — link
#4 Africa Posts Triple-Digit P2P Volume Gains in Three Months — link
#5 EU Fund Doles out $5.6 Million in Grants to Blockchain Startups — link
#6 Australian Securities Exchange Switch to Blockchain Delayed to 2022 — link
#7 Compound Changes COMP Distribution Rules Following ‘Yield Farming’ Frenzy — link
#8 Dfinity Opens Platform to Outside Developers, Launches Decentralized TikTok Rival — link
#9 Japanese Investing Giant SBI Takes $30 Million Stake in Crypto Trader B2C2 — link
👉https://cryptorank.io/news
#1 Nearly 2 Million UK Residents Own Bitcoin and Other Cryptocurrencies — link
#2 ETH Scalability Isn’t Going to Be an Issue Soon, Suggests Vitalik Buterin — link
#3 Beijing Sets up Special Fund as Part of Plan to Become a Blockchain Hub by 2022 — link
#4 Africa Posts Triple-Digit P2P Volume Gains in Three Months — link
#5 EU Fund Doles out $5.6 Million in Grants to Blockchain Startups — link
#6 Australian Securities Exchange Switch to Blockchain Delayed to 2022 — link
#7 Compound Changes COMP Distribution Rules Following ‘Yield Farming’ Frenzy — link
#8 Dfinity Opens Platform to Outside Developers, Launches Decentralized TikTok Rival — link
#9 Japanese Investing Giant SBI Takes $30 Million Stake in Crypto Trader B2C2 — link
👉https://cryptorank.io/news
Bitcoin Closed Second Quarter With +42% Price Gain 📣
Quarter two of 2020, marked with the landmark event for Bitcoin - third halving, ended with + 42% return.
As we mentioned before, Q2 is historically the best three months for BTC: since 2013, just one Q2 has delivered a negative return.
You can see a new report on CryptoRank - Bitcoin Quarterly Returns
👉 https://cryptorank.io/currencies/bitcoin/price-chart
Quarter two of 2020, marked with the landmark event for Bitcoin - third halving, ended with + 42% return.
As we mentioned before, Q2 is historically the best three months for BTC: since 2013, just one Q2 has delivered a negative return.
You can see a new report on CryptoRank - Bitcoin Quarterly Returns
👉 https://cryptorank.io/currencies/bitcoin/price-chart
Second Round of “Trading Regatta” Competition is Live on BitMax
CryptoRank kindly reminds traders that till July 19th they can take part in "BitMax’s Trading Regatta" competition.
✔️9 winners will be selected to sign with the platform as Exclusive Pro Traders:
📈Special privileges worth of 1,000,000 USDT;
📈100% trading commissions from referrals.
‼️The competition event is comprised of 4 rounds. Round 2️⃣ has started!
✔️Those who didn't participate in Round One can directly participate in Round Two and compete for Round Three.
Read the instructions 👉 https://bit.ly/31BQYAV
Fill out a form 👉 https://forms.gle/Co1Mg5b342wcSrwb6
Register by our ref 👉 link
CryptoRank kindly reminds traders that till July 19th they can take part in "BitMax’s Trading Regatta" competition.
✔️9 winners will be selected to sign with the platform as Exclusive Pro Traders:
📈Special privileges worth of 1,000,000 USDT;
📈100% trading commissions from referrals.
‼️The competition event is comprised of 4 rounds. Round 2️⃣ has started!
✔️Those who didn't participate in Round One can directly participate in Round Two and compete for Round Three.
Read the instructions 👉 https://bit.ly/31BQYAV
Fill out a form 👉 https://forms.gle/Co1Mg5b342wcSrwb6
Register by our ref 👉 link
📈Market Overview
After settling above the $9,000 level, Bitcoin started a slow and steady rise.
BTC surpassed the $9,200 resistance level and it is now trading well above the 100 hourly simple moving average. A high is formed near $9,301 and the price is currently correcting lower.
On the downside, there are many decent supports forming near $9,180 and $9,160.
Market capitalization: $273.15B (+1.13%)
The BTC dominance: 62.02% (-0.45%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Pundi X (NPXS) +37.16%
Swipe (SXP) +31.05%
Synthetix (SNX) +22.66%
👉 Top Losers
PlayFuel (PLF) -26.82%
WeShow Token (WET) -17.78%
Ark (ARK) -12.89%
BTC Futures
Aggregated Volume — $7.49B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
After settling above the $9,000 level, Bitcoin started a slow and steady rise.
BTC surpassed the $9,200 resistance level and it is now trading well above the 100 hourly simple moving average. A high is formed near $9,301 and the price is currently correcting lower.
On the downside, there are many decent supports forming near $9,180 and $9,160.
Market capitalization: $273.15B (+1.13%)
The BTC dominance: 62.02% (-0.45%)
Fear & Gread Index: 42 (Fear)
https://cryptorank.io/heatmaps
👉 Top Gainers
Pundi X (NPXS) +37.16%
Swipe (SXP) +31.05%
Synthetix (SNX) +22.66%
👉 Top Losers
PlayFuel (PLF) -26.82%
WeShow Token (WET) -17.78%
Ark (ARK) -12.89%
BTC Futures
Aggregated Volume — $7.49B
Aggregated Open Interest — $3.13B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
#1 Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending — link
#2 U.S. Senators Explore What a Digital Dollar Would Look Like in Practice — link
#3 Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi — link
#4 Brazil Eases WhatsApp Ban — But It’s Still Suspended — link
#5 Bitcoin Investments are Now Doubling Among Boomers, Gen X — link
#6 Report: Japanese Blockchain Sector Grows Over 30% Since 2019 — link
#7 Bitcoin Exchange LocalBitcoins Revenues up, Despite Losing Ground to Paxful — link
#8 Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close — link
👉https://cryptorank.io/news
#1 Researchers Expose Flaw in Bitcoin Wallets That Could Be Exploited for Double-Spending — link
#2 U.S. Senators Explore What a Digital Dollar Would Look Like in Practice — link
#3 Lebanese Pound Falls 50% in Ten Days — Now Worth One Satoshi — link
#4 Brazil Eases WhatsApp Ban — But It’s Still Suspended — link
#5 Bitcoin Investments are Now Doubling Among Boomers, Gen X — link
#6 Report: Japanese Blockchain Sector Grows Over 30% Since 2019 — link
#7 Bitcoin Exchange LocalBitcoins Revenues up, Despite Losing Ground to Paxful — link
#8 Binance Gets the Third Branded Emoji on Twitter as Anniversary Comes Close — link
👉https://cryptorank.io/news
Huobi Futures Quarterly Round-up: 2020 Q2
☑️ As of today, Huobi Futures offers 49 futures and perpetual swaps contracts on its platform, the most among the major exchanges.
Huobi Futures currently houses half of the top 10 most liquid altcoin contracts, many of which are also the most traded pairs among all futures exchanges.
🔝 In the last six months of operations, Huobi became the most popular derivatives platform for altcoins.
So let's have a look at what progress did Huobi Futures achieve during the last quarter 👉 link
☑️ As of today, Huobi Futures offers 49 futures and perpetual swaps contracts on its platform, the most among the major exchanges.
Huobi Futures currently houses half of the top 10 most liquid altcoin contracts, many of which are also the most traded pairs among all futures exchanges.
🔝 In the last six months of operations, Huobi became the most popular derivatives platform for altcoins.
So let's have a look at what progress did Huobi Futures achieve during the last quarter 👉 link
Monthly DEX Volume Hit All-Time High in June
In June 2020 decentralized exchanges saw the biggest monthly trading volume worth of $1.51B.
This development represents an increase of 365% compared to the $326M in June 2019.
Also, June's volume increased by 46% compared to the previous all-time high $1.03B.
In June 2020 decentralized exchanges saw the biggest monthly trading volume worth of $1.51B.
This development represents an increase of 365% compared to the $326M in June 2019.
Also, June's volume increased by 46% compared to the previous all-time high $1.03B.
BitMax Launched Insolar (XNS) Pre-Staking
🔹Users can start staking XNS and earn 10% Est. APR.
✔️Reward distribution will happen every day;
✔️No maximum delegation amount;
✔️Compound mode is supported;
✔️No minimum staking period;
✔️Instant unbounding.
Details 👉 https://bit.ly/2BX0PGw
🔹Users can start staking XNS and earn 10% Est. APR.
✔️Reward distribution will happen every day;
✔️No maximum delegation amount;
✔️Compound mode is supported;
✔️No minimum staking period;
✔️Instant unbounding.
Details 👉 https://bit.ly/2BX0PGw
