Crypto Exchange Binance Is Making ‘Substantial Changes’ to Become ‘Fully Licensed and Fully Compliant’ in UK

binance, Exchanges, News6 Comments
Crypto Exchange Binance Is Making 'Substantial Changes' to Become 'Fully Licensed and Fully Compliant' in UKCryptocurrency exchange Binance has unveiled its plan to become a “fully licensed and fully compliant” exchange in order to serve users in the U.K. The crypto exchange is reportedly “making a number of very substantial changes” in the way it operates in order to comply with the country’s regulator, the Financial Conduct Authority (FCA). Binance […]

Bitcoin & cryptocurrency news

Kraken Daily Market Report for December 06 2021

Daily Market Reports, News6 Comments

Overview

  • Total spot trading volume at $2.03 billion, the 30 day volume rose to $1.64 billion.
  • Total futures notional at $521.4 million.
  • The top traded pairs were, respectively USDT/USD, ETH/USD, BTC/USD, BTC/EUR, and ETH/EUR.
  • Strong returns from SushiSwap (+22%) and Basic Attention Token (+17%).
December 06, 2021 
 $2.03B traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
BTC 
$50564. 
↑2.3% 
$535.2M		 USDT 
$1.0011 
↓0.02% 
$478.8M		 ETH 
$4356.5 
↑3.7% 
$449.9M		 USDC 
$0.9999 
↓0.01% 
$80.6M		 SOL 
$194.17 
↓1.3% 
$69.1M
DOT 
$28.21 
↓0.5% 
$63.2M		 MATIC 
$2.2834 
↑11% 
$58.8M		 ADA 
$1.4246 
↑3.2% 
$44.5M		 XRP 
$0.8285 
↑2.8% 
$26.2M		 MANA 
$3.7781 
↑2.4% 
$24.9M
LTC 
$161.98 
↑3.4% 
$22.5M		 BAT 
$1.3652 
↑17% 
$21.5M		 LINK 
$19.862 
↑1.8% 
$21.0M		 ALGO 
$1.7657 
↑0.02% 
$20.2M		 ATOM 
$24.421 
↓0.8% 
$19.1M
XLM 
$0.2965 
↑3.3% 
$18.6M		 DOGE 
$0.1783 
↑3.7% 
$16.6M		 SAND 
$5.5217 
↑1.6% 
$15.6M		 DAI 
$1.0 
↑0.0% 
$11.8M		 ZEC 
$180.56 
↓1.4% 
$9.75M
XTZ 
$4.1536 
↑4.6% 
$9.06M		 FLOW 
$9.6529 
↑4.1% 
$8.87M		 ENJ 
$2.8930 
↑5.9% 
$8.0M		 EOS 
$3.2878 
↑8.3% 
$7.57M		 BCH 
$475.66 
↑4.8% 
$7.09M
LRC 
$2.4677 
↑23% 
$6.43M		 AAVE 
$185.23 
↓3.0% 
$6.25M		 SC 
$0.0174 
↑2.2% 
$5.49M		 AXS 
$105.71 
↓1.1% 
$5.34M		 CRV 
$3.742 
↑2.9% 
$4.89M
KSM 
$289.0 
↓2.0% 
$4.87M		 WAVES 
$19.597 
↑2.2% 
$4.6M		 SHIB 
$3.688e 
↑1.7% 
$4.51M		 MINA 
$3.82 
↑10% 
$4.24M		 OMG 
$6.4596 
↑4.5% 
$3.47M
NANO 
$3.9564 
↓2.1% 
$3.44M		 UNI 
$17.339 
↑4.7% 
$3.43M		 OCEAN 
$0.9531 
↑0.5% 
$3.35M		 GRT 
$0.7017 
↑6.3% 
$3.32M		 FIL 
$38.8 
↓0.5% 
$3.31M
XMR 
$201.33 
↓0.0% 
$3.11M		 EWT 
$11.28 
↓3.7% 
$3.01M		 STORJ 
$1.8363 
↑6.4% 
$2.72M		 MOVR 
$223.38 
↑1.1% 
$2.63M		 DYDX 
$9.25 
↑7.1% 
$2.6M
TRX 
$0.0875 
↑3.6% 
$2.44M		 ETC 
$39.339 
↑1.6% 
$2.26M		 KAVA 
$3.9242 
↑3.0% 
$2.22M		 OXT 
$0.4098 
↑2.2% 
$2.17M		 DASH 
$137.53 
↑2.0% 
$2.06M
KILT 
$5.13 
↓10% 
$1.99M		 SUSHI 
$6.34 
↑22% 
$1.83M		 QTUM 
$10.693 
↑3.2% 
$1.78M		 ICX 
$1.2656 
↑4.2% 
$1.38M		 CTSI 
$0.7824 
↑3.2% 
$1.32M
KEEP 
$0.6941 
↓0.6% 
$1.21M		 YFI 
$23802. 
↑1.5% 
$1.13M		 COMP 
$223.29 
↑6.0% 
$1.09M		 PAXG 
$1782.1 
↑0.06% 
$1.08M		 LSK 
$2.7926 
↑6.3% 
$1.05M
CHZ 
$0.3223 
↑2.1% 
$1.01M		 KAR 
$3.883 
↓5.3% 
$910K		 LPT 
$43.5 
↑5.4% 
$885K		 SNX 
$6.05 
↑2.9% 
$831K		 INJ 
$9.685 
↓0.8% 
$729K
MKR 
$2616.1 
↑3.9% 
$665K		 SRM 
$4.1 
↑2.1% 
$660K		 ANT 
$4.2911 
↑9.7% 
$659K		 MLN 
$94.044 
↓3.5% 
$587K		 ANKR 
$0.1108 
↑6.0% 
$574K
REN 
$0.637 
↑1.3% 
$478K		 RARI 
$17.64 
↑5.4% 
$447K		 CQT 
$0.728 
↓2.8% 
$436K		 KNC 
$1.4000 
↑2.1% 
$393K		 1INCH 
$2.658 
↑0.8% 
$377K
GHST 
$2.4702 
↓1.4% 
$375K		 GNO 
$431.42 
↑1.3% 
$323K		 BAL 
$16.05 
↑1.3% 
$316K		 PERP 
$11.305 
↑4.3% 
$290K		 BADGER 
$15.415 
↑1.7% 
$282K
REP 
$18.119 
↑4.1% 
$254K		 ZRX 
$0.861 
↑3.7% 
$239K		 SDN 
$2.101 
↑6.5% 
$204K		 PHA 
$0.4569 
↓2.4% 
$189K		 WBTC 
$50803. 
↑4.3% 
$178K
BNT 
$3.5239 
↑1.2% 
$149K		 REPV2 
$17.645 
↑4.2% 
$137K		 MIR 
$2.178 
↓2.2% 
$133K		 RAY 
$8.8470 
↑0.9% 
$122K		 BNC 
$2.24 
↓7.1% 
$102K
OGN 
$0.7499 
↑3.2% 
$82.8K		 BAND 
$5.974 
↑8.0% 
$77.3K		 OXY 
$1.5419 
↓2.0% 
$41.1K		 TBTC 
$51855. 
↑5.6% 
$7.96K

The post Kraken Daily Market Report for December 06 2021 appeared first on Kraken Blog.

Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

Cryptocurrency regulation, Japan, News, Regulation, Stablecoins, Tether5 Comments
Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer CompaniesJapan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought under the financial regulator’s oversight. Japan to Tighten Stablecoin Regulation Japan’s Financial Services Agency (FSA) is planning […]

Bitcoin & cryptocurrency news

TA: Bitcoin Reclaims $50K, Why 100 SMA Is The Key For Larger Increase

Bitcoin, btc, BTCUSD, BTCUSDT, News, XBTUSD1 Comment
Bitcoin is recovering and trading above $50,000 against the US Dollar. ETH must settle above $51,000 and the 100 hourly SMA to continue higher. Bitcoin started a recovery wave above the key $50,000 resistance zone. The price is now trading near $51,000 and the 100 hourly simple moving average. There is a short-term bullish trend line forming with support near $49,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent upward move if there is a close above $51,000. Bitcoin Price Gains Momentum Bitcoin price started a decent recovery wave after a major decline below $45,000. BTC climbed back above the $46,500 and $48,000 resistance levels to start the recent recovery. The price is back above the $49,200 resistance level. There as a break above the 50% Fib retracement level of the key decline from the $57,690 swing high to $40,150 low. Besides, the bulls were able to push the price above the key $50,000 resistance zone. There is also a short-term bullish trend line forming with support near $49,600 on the hourly chart of the BTC/USD pair. The pair is now trading near $51,000 and the 100 hourly simple moving average. An immediate resistance on the upside is near the $51,000 level and the 100 hourly SMA. It is close to the 61.8% Fib retracement level of the key decline from the $57,690 swing high to $40,150 low. A clear break above the $51,000 resistance zone could open the doors for more upsides. The next key resistance is near the $52,500 level, above which the price could accelerate higher. In the stated case, the price could rise towards the $53,500 level. Fresh Decline In BTC? If bitcoin fails to clear the $51,000 resistance zone, it could start a fresh downside correction. An immediate support on the downside is near the $50,200 level. The first major support is now forming near the $49,600 level and the trend line. A downside break below the $49,600 support may perhaps start a fresh decline. The next stop for the bears might be $46,000. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently above the 50 level. Major Support Levels – $50,200, followed by $49,600. Major Resistance Levels – $51,000, $52,500 and $53,500.

GoCrypto Reveals a Protocol That Revolutionizes Digital Payments

News, Press release3 Comments
PRESS RELEASE. LJUBLJANA, SLOVENIA: The GoCrypto project always strives to bring crypto payments into the mainstream. The upgraded solution dubbed GoCrypto 2.0 enables true decentralized payments where the merchant can accept virtually any currency and receive the settlement in its desired crypto currency without virtually any central entity in between. The solution would at its […]

Bitcoin & cryptocurrency news

Ethereum About to See “Liftoff” if It’s Able to Hold One Crucial Level

ETH, Ethereum, ETHUSD, ETHUSDT, News6 Comments
Ethereum gained pace above the $4,250 resistance zone against the US Dollar. ETH must stay above $4,150 to accelerate higher in the near term. Ethereum started a recovery wave above the $4,000 and $4,250 resistance levels. The price is now trading above $4,150 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $4,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it stays above $4,150 and the 100 hourly SMA. Ethereum Price Gains Momentum Ethereum found support near $3,350 and started a fresh increase. ETH gained pace for a move above the $3,800 and $3,880 resistance levels. It even broke the $4,000 level and the 100 hourly simple moving average. Besides, the price climbed above the 50% Fib retracement level of the key decline from the $4,660 swing high to $3,327 low. There was also a break above a key bearish trend line with resistance near $4,150 on the hourly chart of ETH/USD. The pair is now trading above $4,150 and the 100 hourly simple moving average. It is consolidating near the $4,350 resistance zone and the 76.4% Fib retracement level of the key decline from the $4,660 swing high to $3,327 low. Source: ETHUSD on TradingView.com An initial resistance on the upside is near the $4,380 level. The first major resistance is near the $4,400 level. The next major hurdle is near the $4,550 level. A clear move above the $4,550 could send the price further higher. In the stated case, the price could drift towards the $4,700 level in the near term. Dips Limited in ETH? If ethereum fails to start a fresh increase above the $4,400 level, it could start a downside correction. An initial support on the downside is near the $4,300 level. The key support is now forming near the $4,150 level and the 100 hourly simple moving average. If there is a clear break below the $4,150 support, the price could accelerate lower. The next major breakdown support is $4,000, below which the price could decline towards $3,850. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now well above the 50 level. Major Support Level – $4,150 Major Resistance Level – $4,400