On Friday, May 29th, at 16:00 UTC, the markets for ARDR, BCN, DCR, GAME, GAS, LSK, NXT, OMNI, and REP will be disabled for Poloniex customers in the US. All assets remain available for trading to customers outside the US.
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.
Bitfinex got themselves a win in terms of the injunction filed by the New York State Attorney Generals office. A Judge granted a motion to modify the injunction.
When GBTC and ETCG trade at a premium to the underlying assets, it is generally a sign that crypto is bullish.
Binance is doing a promotion as a thank you for sticking with them. They are giving away 50,000 BNB to users who trade more than 1 BTC worth of crypto and offering a free level up to VIP users.
Just FYI, CoinDesk’s Consensus 2019 is going on right now. You can watch some of it streaming live.
A Forbes article pointed out that Starbucks, Nordstrom, Whole Foods, Etc accept Bitcoin. Actually the truth is both more exciting and less exciting than that.
So here is the state of the market: Bitcoin is going parabolic, major alts like ETH are holding up, low caps (alts with low market caps) are getting crushed, and lots of big news (bearish and bullish) is all being met with BTC increases.
Binance had a security breach where hackers carefully orchestrated stealing BTC from Binance. User’s BTC affected will be replaced by Binance.
One could argue, based on some factors like Simple moving averages that the BTC-ETH pair is bearish and at the same time the BTC-USD pair is bullish. It is the same for many alts.
According to CoinDesk, according to a CFTC insider, regulators are ready to approve Ethereum Futures provided it “ticks all the right boxes.”