Major Coins Trading Sideways, Bitcoin Deepens Under $10,000

Monday, Sept. 23 — Major cryptocurrency markets are reporting mixed signals, with Bitcoin (BTC) being slightly bearish following the launch of Bakkt’s physically delivered Bitcoin futures. Market visualization. Source: Coin360 The leading digital currency Bitcoin is down 1.55% on the day to trade at about $9,813 at publishing time. During the day, BTC has been trading in a narrow corridor between $9,788 and $10,097 — the lowest and highest price points of the coin over the day. As Cointelegraph reported in a dedicated analysis earlier on Monday, if Bakkt momentum picks up,…

Binance.US to Launch Trading Tomorrow With 13 Currency Pairs

Binance.US, the United States-based arm of major crypto exchange Binance, will start trading on Sept. 24, offering zero trading fees until Nov. 1, 2019. 13 trading pairs Binance.US will launch 13 fiat-to-crypto and crypto-to-crypto trading pairs tomorrow, according to a blog post on Sept. 23. The trading pairs include major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB) and the Tether (USDT) stablecoin.  The exchange will purportedly list a second batch of coins soon, following an evaluation period based on its Digital…

Crypto Exchange Giant Binance to Launch US Trading Tuesday

Binance.US, the American arm of cryptocurrency exchange giant Binance, has announced it will start trading fiat-crypto and crypto-crypto trading pairs on Tuesday. The trading platform will list seven cryptocurrencies immediately upon the launch, including bitcoin, Binance coin (BNB), ethereum, XRP, bitcoin cash, litecoin and Tether’s USDT. Binance.us also revealed it will soon open deposits for another five assets: cardano (ADA), basic attention token (BAT), ethereum classic (ETC), stellar’s XLM and 0x. Last Wednesday, the new exchange started to open for registration and deposits, but did not disclose a specific date for…

OKEx Slams New Wash Trading Allegations as ‘Inaccurate and Misleading’

Cryptocurrency exchange OKEx has refuted fresh allegations of manipulative practices such as wash trading on its platform.  In a statement shared with Cointelegraph on Sept. 23, the exchange wrote that the wash trading allegations made in a recent report from the Blockchain Transparency Institute (BTI) were “not accurate and misleading.” “An apple-to-orange comparison” As reported, the BTI published its latest report on Sept. 19, in which it claimed to have identified what it deems to be the cleanest exchanges in the industry, as well as those with the allegedly highest…

Bakkt’s Much-Anticipated Bitcoin Futures Trading Platform Goes Live

Bakkt’s physically settled Bitcoin (BTC) futures trading is now live for trading on the Intercontinental Exchange (ICE). New option for traders As of 8 PM EST on Sept. 22 (00:00 UTC Sept. 23), Bakkt’s much-anticipated BTC futures trading has launched. The platform is the first of its kind to receive approval from United States regulators and is a product of ICE, the operator of the New York Stock Exchange.   While news of Bakkt’s launch and intention to facilitate BTC futures trading broke over a year ago, the platform itself has…

Cryptocurrency Exchange Seed CX Cuts Trading Fees to Gain Market Share

Institution-oriented cryptocurrency exchange Seed CX has cut its trading fees to what it claims to be the most competitive levels globally. Competition heats up in crypto trading space On Sept 16, the Chicago-based crypto exchange Seed CX announced that it was lowering its trading fees to some of the lowest levels in the industry. The fee cuts follow a week of purported record trading volumes for the exchange, briefly overtaking other top exchanges like Bittrex and the Winklevoss brothers’ Gemini.  Seed CX co-founder and CEO Edward Woodford said that thanks…

Seed CX Slashes Rates as Crypto Trading Fee War Looms

Cryptocurrency exchange Seed CX has cut its fees to gain market share as competition piles into the crypto trading space. Margin compression across the industry is the result of the most popular exchange services become commoditized as crypto usage proliferates. Fees for takers is down to five basis points from eight bps on the Seed Digital Commodities Market, while makers, who previously traded on the exchange for free, receive one bp rebate. In an interview, Seed CX co-founder Edward Woodford told CoinDesk that the fee cuts came on the heels of a…

After Dip of $500, Bitcoin Price Back to Trading Sideways at $10,200

Thursday, Sept. 19 — Bitcoin (BTC) price is back up and seems to be stabilizing just above the $10,200 price mark after experiencing a sudden drop of $500 in minutes earlier today. Market visualization. Source: Coin360 Bitcoin is trading sideways again Bitcoin’s sideways trading behavior has become standard operating procedure in recent months, with long periods of sideways action giving way to sudden drops in prices, only to shoot back up to previous price levels. Bitcoin price has started to trade sideways once again, currently at around $10,290 per coin, according…

Bitcoin Price (BTC) Trading Near Make-or-Break Levels

Bitcoin price is trading in a range below the $10,300 and $10,400 resistances against the US Dollar. The price is struggling to gain momentum above $10,300 and the 100 hourly SMA. There is a key breakout pattern forming with support near $10,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could either rally above $10,400 or it might extend its decline towards the $9,900 support. Bitcoin price is trading below key resistances and hurdles against the US Dollar. BTC is likely to make the…

Japanese Messaging Giant Line Rolls Out Crypto Trading Platform Bitmax

Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, Cointelegraph Japan reports. FSA approval received Following regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today. In accordance with previous announcement, Bitmax will initially allow users to trade five major cryptocurrencies including Bitcoin (BTC), Ether (ETH), XRP, Bitcoin Cash (BCH) and Litecoin (LTC). Small transactions for newcomers With exposure to 81 million users in Japan, Line now accepts deposits and withdrawals through…