Affluent Exchanges Hold The Low Trading Volume Of Just 5%

crypto-exchange

  A recent report on Crypto Exchanges published on 21st August, states that the low graded-or the doubtful Crypto Exchanges has a potential high-trading volume in the global market. We’re here at Top10BitcoinRobots to discuss that. In the report, the exchanges with D-E grades are having 64% of global Crypto Trading volume of about 316 billion $, whereas, the exchanges with AA grades hold a low volume of about 5% which amounts to 31 billion …

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Facebook’s Cryptocurrency Libra Starting To Face Competition A Year Before Release

Facebook-Cryptocurrency-Libra-Starting-To-Face-Competition-A-Year-Before-Release

New challenges are already coming up as Facebook struggles with the launch of its cryptocurrency called Libra. The latest challenger being the MTL Coin by Metal Pay. In an interview, Erik Finman told MarketWatch that Metal Pay is what Libra could have and should have been but it is late and MTL is the game changer now. He claimed it to be the first challenger to Libra, saying they’re ‘anti-Libra’. He further told about a …

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Lawsuit Against Ripple Intensifies As Sec Joins In The Action

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We at Top10BitcoinRobots have been on edge, monitoring the Ripple developments. The company is again surpassing headlines, as the Ripple controversy has now taken a legal form after repetitive assertion by its investors. Though the company has always been a subject for security, however recently the investor’s called Bradley Sostack claimed and filed a lawsuit against the company’s unlawful dealing of unregistered securities. This has put many investors on edge, both trading on Bitcoin Loophole-type …

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Money Laundering Implies Restrictions on Crypto Exchanges

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Restrictions on Crypto are increasingly amended, and the factor remains it’s utility to tech-savvy criminals. The move was intended to bind all exchanges under one regulation, which restricts them to exploit identification norms for their users. The restrictions and regulations are handed over from FAT-F which is an intergovernmental organization, incorporated to regulate financing and money transfers for terrorism and criminal objectives. The rule in crypto is applied to ensure user information and details for …

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New report reveals the shift in investment to convergence apps from crypto

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Based on a new report published by Outlier Ventures on 13th August, the year 2019 has observed vigorous shifts in investments that went from focusing entirely on cryptocurrency to combining applications. Newcomer investors have already begun to switch focus A report which provides proper awareness into the market trends and blockchain investment in 2019, called “Investment in Blockchains 2019”, reveals that blockchain-centered companies have been able to secure $23.7 billion since 2013. The increased interest …

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Will The US-China Trade War Be A Boon Or Bane For Bitcoin And Crypto?

US-China-trade-war

An overview of the biggest global economic crisis in 11 years and how it affects cryptocurrency. The Backdrop The onset of these events began on 5th August 2019, when China let Yuan fall below 7 against the dollar. As a result, the U.S treasury department, almost immediately declared intentions of labeling China as ‘currency manipulator’, in hopes to get the legal go-ahead to impose taxes on Chinese goods. But on 8th August, the PboC relieved …

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India Set To Lose Market Worth $13 Billion If Crypto Is Banned

India-Set-To-Lose-Market-Worth-$13-Billion-If-Crypto-Is-Banned

Sidharth Sogani, the CEO of Crebaco Gloabl Inc, a crypto and blockchain research company, has concluded the worth of market India will lose if it bans cryptocurrency to be nearly $12.9 billion. He shared the root of his belief with an independent crypto news publishing outlet, the platform reported this interview on the 8th of August. As per the report, the methodology used by Crebaco involved an analysis of the amount of revenue that companies …

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Korea’s Initiative to Promote Blockchain Via Cryptocurrency Rewards

Koreas-Initiative-to-Promote-Blockchain-Via-Cryptocurrency-Rewards

In recent years, the BlockChain system has gained quite an attention from technologically advanced countries. And the impact is visibly seen in Korea, as they are opting for numerous ways to promote the blockchain system in the country. Seoul being the capital city has taken the initiative in 2018, to accomplish projects for inclusion of the blockchain system and these projects are expected to be accomplished in 2022. Though after setup, there is not much …

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Yuan Hits Decade’s Lowest Against Dollar, Bitcoin Reaches 12K

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In case you missed it, two major changes happened concerning both cash and cryptocurrency around the world. China allowed Yuan to stoop past 7 against dollar amidst the economic warfare with the USA- the weakest it has been in 11 years. Whereas Bitcoin surpassed the $11,800 mark on Monday. Investors are buzzing with the opportunity to trade the Bitcoin for profit. As of 0740 UTC, Monday, the BTC/USD instrument recorded a break over $11,860, a …

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The Bitcoin Halving Is Coming

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If you’re excited by the potential of cryptocurrencies, hold right there! Before you do anything, first learn how they come to be and what is cryptocurrency mining. If you’re already aware of that, buckle up because the great halving of the Bitcoin is coming. Bitcoin has a maximum supply of 21 million tokens. In circulation at the moment are a little less than 18 million, with 1,800 on average mined each day. As you might …

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