India Lifted Their Ban on Cryptocurrency Trading
India’s Supreme Court overturned their central bank’s ban on cryptocurrency trading, lifting the ban that had been in effect since April 2018.
News
CryptoCurrency News from around the World and beyond. This section focuses on what is happening with cryptocurrency now. So that is things like countries embracing or rejecting cryptos, price milestones for Bitcoin and Alts, new ICOs, upcoming forks, etc.
Kyber (KNC) is Launching on Coinbase Pro
Coinbase has announced they will be listing Kyber (KNC) AKA Kyber Network. Transfers begin on Monday, February 24. It is likely Kyber will also launch on Coinbase soon since it is getting both KNC/USD and KNC/BTC pairs.
Coinbase Pro Now Offers Margin Trading
Starting Feb 12 Coinbase Pro will offer margin trading up to 3x for users in some states.
The ETHE Premium Reveals ETH’s Strength, but Also Could be Seen as an “OverBought” Indicator
The ETHE premium, like the GBTC premium, can be a signal of crypto sentiment (and more-so with ETHE, ETH sentiment). However, it can also signal that ETHE is overbought.
Square Crypto Launches its First Product, a Lightning Development Kit
Square Crypto, a subsidiary of Square, launched its first product. The new product is a Lightening Development Kit for Bitcoin’s Lightening Network.
Crypto Market Lights Up Green as BTC Breaks out of its Downtrend
The crypto market is lighting up green with BCH, BSV, and DASH making notable runs as Bitcoin breaks out of its downtrend channel.
CME Bitcoin Options Launched Today
CME’s Bitcoin options launched today and day one volume already beats out their competitor Bakkt $2.19M vs. $1.15M.
Binance Launches XRP Perpetual Futures Contracts up to 75x Leverage
Binance has added perpetual futures contracts for XRP (otherwise known as Ripple). Traders can use up to 75x leverage on these contracts.
Coinbase Launches Orchid (OXT) and You Can Earn Some Via Coinbase Earn
Coinbase has launched Orchid (OXT), and you can learn about OXT and earn some OXT in the process via Coinbase Earn.
Coinbase is Phasing out Earn.com and Focusing on Coinbase Earn
According to the Block, a recent Coinbase email to some customers stated that Coinbase was “sunsetting Earn.com to focus exclusively on Coinbase Earn.”