(ZEC) They also support their own loyalty token, the FJC token, which players earn as they use the casino, house edge single zero roulette. The casino currently accepts players from most jurisdictions, however, users from the United Kingdom, the U. S, Australia, Sweden, Spain, and Italy are restricted. Abruzzo casalbordino lido (ch) centro vacanze poker, abruzzo casalbordino lido (ch) centro vacanze poker We examine a broad group of casinos which make usage bitcoin casino or money, blackjack dealer hit soft 17. Our website is designed for people a newcomer to cryptocurrency gambling or into internet gambling generally speaking, together with for. It also features live dealer games, exciting bonuses, personalized VIP program, and strong customer service, blackjack dealer must hit on soft 17. The variety of options on Casino Adrenaline ensures that every player has something that perfectly suits their individual tastes. For storing your BTC the obvious choice is Blockchain Wallet, which is both the most popular and the best wallet. To purchase bitcoins, head on over to a Bitcoin exchange, blackjack dealer draws to 16. Free spins with no deposit, blackjack dealer gets 2 aces. No deposit bonuses are granted without any deposits. Answers were submitted via a cross-sectional online survey, blackjack dealer school new york. It identified that more than 50 percent of those asked had traded cryptocurrency in the past year. Its goal was to explore the use of digital currency as a payment method for online casinos and trading habits amongst those who frequently gambled. The study drew parallels between those trading cryptocurrency and those buying and selling high risk stocks, blackjack dealer draws to 16. Best Online Bitcoin Casinos, blackjack dealer grand forks nd. Recommended Review Play Now 2. Safe and Secure Deposits and Cash Outs, blackjack dealer has to hit until. There is no safer way to transfer money online than bitcoin. Its Gentle form of Gambling. I know many muslims including me gambled in forex without knowing that its gamble, blackjack dealer stays at 16. Playable for example at King Billy casino, blackjack dealer gets 2 aces. The idea of slot games is very simple: all you need to do is to spin the reels and wait if you get the right combination to win. blabla

Photos on Its Staff Page var bs_ajax_paginate_1185264308 = unt":4,"category":"3","_layout":{"state":"1 1 state":"1 1 0","page":"2-col-right"},"_bs_pagin_token":"9243ec0"}'; var betterads_screen_width = document= documentif (betterads_elelse var size = ["125", "125"]; if ( betterads_el_width >= 728 ) betterads_el_width = ["728", "90"]; else if ( betterads_el_width >= 468 ) betterads_el_width = ["468", "60"]; else if ( betterads_el_width >= 336 ) betterads_el_width = ["336", "280"]; else if ( betterads_el_width >= 300 ) betterads_el_width = ["300", "250"]; else if ( betterads_el_width >= 250 ) betterads_el_width = ["250", "250"]; else if ( betterads_el_width >= 200 ) betterads_el_width = ["200", "200"]; else if ( betterads_el_width >= 180 ) betterads_el_width = ["180", "150"]; if ( betterads_screen_width >= 1140 )else if ( betterads_screen_width >= 1019 && betterads_screen_width < 1140 ) else var size = ["125", "125"]; if ( betterads_el_width >= 728 ) betterads_el_width = ["728", "90"]; else if ( betterads_el_width >= 468 ) betterads_el_width = ["468", "60"]; else if ( betterads_el_width >= 336 ) betterads_el_width = ["336", "280"]; else if ( betterads_el_width >= 300 ) betterads_el_width = ["300", "250"]; else if ( betterads_el_width >= 250 ) betterads_el_width = ["250", "250"]; else if ( betterads_el_width >= 200 ) betterads_el_width = ["200", "200"]; else if ( betterads_el_width >= 180 ) betterads_el_width = ["180", "150"]; if ( betterads_screen_width >= 1140 )else if ( betterads_screen_width >= 1019 && betterads_screen_width < 1140 ), number_show_ads * 1000); setTimeout(function (), number_hide_ads * 1000); The platform announced that it was disabling trading services for nine crypto-assets; Ardor [ARDR], Bytecoin [BCN], Decred [DCR], GameCredits [GAME], Gas [GAS], Lisk [LSK], Nxt [NXT], Omni Layer [OMNI], and Augur [REP] from May 29 for its US user base. The exchange however, clarified that the assets would be supported for customers outside the country. The platform revealed that the lack of clarity in the country's cryptocurrency regulations precipitated the delisting. Poloniex, on its official Twitter handle, posted that it was uncertain whether US watchdogs would consider the aforementioned altcoins to be securities. setTimeout(function (), number_hide_ads * 1000); Poloniex was acquired powered by Disqus.

services often require customers to add funds onto the card in order to make payments with it.

US customers who have a verified Coinbase account will be able to use the Coinbase Card; however, the firm has not made its new Card feature available to customers based in Hawaii. Coinbase stated that it would not charge an issuance fee for the card but that it would apply standard cryptocurrency conversion fees – that will be shared during the card’s signup. 

Recently, payment giant PayPal had announced that by 2021 its users could hold, buy and sell cryptocurrencies such as BTC, ETH and LTC which PayPal customers can use to make purchases with, at merchants in its network. 

EOS, Stellar Lumens, Synthetix Price Analysis: 28 October

Bitcoin is for a niche audience! Here’s who it is for

Alisha is a full-time journalist at AMBCrypto. Her interests lie in blockchain technology, crypto-crimes, and market developments in Africa and the United States

Kidnappers of 8-year-old in Karnataka demand 100 Bitcoins

AAX Exchange brings top-notched Security to Crypto Trading!

This billionaire talks Bitcoin; says it ‘may be the answer’

75% of funds recovered within 3 days of exploit, says Warp Finance

Curve Finance votes on proposal to bring Euro stablecoin pool to DeFi

This is what American economist Paul Krugman thinks about Bitcoin

since Circle acquired Poloniex in 2018 and joins other tokens already available for margin (all with BTC as the base pair): XRP, ETH, XMR, STR, FCT, LTC, BTS, DOGE, DASH, MAID, and CLAM. It won’t be the last, either, because we are working on adding other tokens and base pairs for margin. We are expanding the tokens available for margin as part of our effort to make Poloniex one of the most innovative exchanges in the world. Like the other assets available for margin, ETC is also now available for lending. That means customers holding ETC can lend it to other customers and earn interest (set by the market). This builds upon other steps we’ve taken in recent weeks, including: We completed a major systems upgrade that has enhanced performance across wallet functionality, trade execution speeds and overall latency We reduced trading fees and streamlined the fee structure to make our fees among the lowest of U.S. exchanges We were the only exchange to allow Cosmos ICO participants to preview and claim their Atoms’ balance We were one of the earliest exchanges to list Grin and made our first monthly donation to the Grin General Fund For those interested in trading on margin or lending, make sure you’re signed into Poloniex. You can read more details about margin and lending on our support page here. If you have any questions, please reach out to our support team here.

cryptocurrency exchanges worldwide. The targeted exchanges were Binance, Poloniex, and Gemini. The U.S. Department of Justice announced last week that two Russian nationals have been charged with crimes in connection with “an alleged conspiracy to defraud three cryptocurrency exchanges and their customers of cryptocurrency valued … at a minimum of $16.8 million in cryptocurrency.” Danil Potekhin (aka cronuswar) and Dmitrii Karasavidi (aka Dmitriy Karasvidi) allegedly stole at least $16,876,000 in fiat and cryptocurrency from users of crypto exchanges Poloniex, Binance, and Gemini. The two accused created numerous web domains that mimicked the three legitimate crypto exchanges in 2017. Using phishing and spoofing tactics, they fraudulently obtained the login credentials of more than 150 exchange users, including email addresses, passwords, and other personal information. This allowed them to access the victims’ accounts at the real exchanges. Besides stealing victims’ cryptocurrencies, Potekhin and Karasavidi engaged in price manipulation of the GAS cryptocurrency in what the indictment document describes as “a sophisticated market manipulation scheme that began in July 2017 using the stolen customer credentials.” Using funds valued at over $5 million in the accounts of three victims, the defendants purchased a large amount of the GAS token, causing its price to skyrocket. The pair quickly converted their tokens into bitcoin and other cryptocurrencies, causing the price of GAS to plummet, leaving the victims with worthless coins. The defendants then laundered the theft proceeds “and attempted to conceal the nature and source of the digital currency by transferring them in a layered and sophisticated manner through multiple accounts,” the DOJ described. “Ultimately, a significant amount of the stolen digital currency was deposited into Karasavidi’s account.” Potekhin and Karasavidi have been charged with conspiracy to commit computer fraud and abuse, computer fraud, conspiracy to commit wire fraud, money laundering conspiracy, and two counts of aggravated identity theft, the Justice Department detailed. “The statutory maximum penalty for all the charges against the defendants is 59 years imprisonment,” explained Dave Anderson, U.S. Attorney for the Northern District of California. The U.S. Attorney also seeks the forfeiture of cryptocurrencies and dollars allegedly traceable to the defendants’ crimes. In addition to more than $6 million in U.S. dollars, law enforcement seized BTC and in December 2017, worth over $12.62 million at the time. Several more cryptocurrencies were seized in August last year, including BTC, valued at about $2.60 million in total at the time. All seized assets are now in the custody of the U.S. Secret Service. What do you think about this case? Let us know in the comments section below. NEWS | 10 hours ago NEWS | 15 hours ago binance theft, gemini theft, Hacking, poloniex theft, stealing cryptocurrency Image Credits: Shutterstock, Pixabay, Wiki Commons Purchase Bitcoin without visiting a cryptocurrency exchange. Buy BTC and BCH. Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments

plans to disable the markets for nine cryptoassets (that are currently listed on its platform) for its customers in the U.S. The nine affected altcoins are Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), NEO Gas (GAS), Lisk (LSK), Nxt (NXT), OMNI, and Augur (REP); trading in these assets will be disabled on Friday, May29, at 16:00 UTC, for the exchange's customers in the U.S. (this action will not affect those customers outside the U.S.).Via a blog post published a short time ago, Poloniex explained that it was taking this action due to the lack of regulatory clarity in the U.S. market. More specifically, it seems that Poloniex does not want to get in trouble with the U.S. Securities and Exchange Commission (SEC) since these assets might be considered "to be securities." Poloniex says that it understands how "frustrating" this decision will be for its U.S. customers, but it had no choice since it is "committed to complying with regulatory requirements in every jurisdiction."All U.S. customers who have holdings in any of the aforementioned cryptoassets on Poloniex "must finalize all trades and close any positions in these assets prior to May 29th." After the delisting in the U.S. takes place, these customers will still be able to "withdraw these assets from their wallet" for as long as these assets stay listed globally.What is significant about this announcement is that is probably the first time that a crypto exchange has chosen to delist certain cryptoassets for a subset of its customers due to regulatory uncertainty over whether those assets are securities or not, but now that Poloniex has set the precedent, it seems more probable that in the near to medium term we will see other U.S. crypto exchanges (such as Kraken) take a similar action.

Wednesday. 

Coinbase is one of the largest and most regulated crypto exchanges to get into the lending business, and the exchange is setting conservative parameters on the product, capping credit lines at $20,000 per customer and offering an interest rate of 8% for bitcoin-backed loans with terms that are a year or less.

Customers will need to fill out a brief application but won’t have to go through a credit check, however, and borrowers will be able to receive their loans in two to three days. 

“Customers may use bitcoin-backed loans in different ways depending on their financial needs, including for large expenditures like home or car repairs, financing major occasions like a wedding, or helping to manage higher-interest personal loans or credit card debt,” Max Branzburg, head of product at Coinbase, said in an emailed statement. 

The product is available in only 17 states but Coinbase is pursuing licenses in other states and countries to be able to expand its lending service, he said. A waitlist opened Wednesday afternoon, including the tagline:

The exchange says it won’t reinvest the collateral elsewhere and will keep the bitcoin at the exchange, unlike some crypto lenders who rehypothecate collateral or invest deposits into perpetual swaps.

Adding a lending product can be a way for exchanges to keep customer funds at the exchange instead of moving them elsewhere, said Joseph Kelly, CEO and co-founder of crypto lender Unchained Capital. Square’s bitcoin-friendly Cash App also announced this week that it is testing a lending product that will offer customers short-term loans of between $2 and $20.

Coinbase’s low interest rate will also allow it to operate in many states that would otherwise require additional licensing to avoid usurious lending practices. 

“It’s a good bull-market product when customers have excess capital they’d like to do something with,” Kelly said. “We’ve almost never seen a monopoly lending market … I’d expect other exchanges to follow suit.”

The new Coinbase product is only available in the following states: Alaska, Arkansas, Connecticut, Florida, Georgia, Illinois, Massachusetts, New Hampshire, New Jersey, North Carolina, Oregon, Texas, Virginia, Nebraska, Utah, Wisconsin and Wyoming.

and ATOM are now available for margin trading for non-U.S. customers — at 2.5 times leverage — with Bitcoin (BTC) as the base pair. In addition, we’ve lowered the lending minimums to as low as $0.62 for some assets and no more than $50 for any asset.EOS and ATOM joins other tokens already available for margin (all with BTC as the base pair): XRP, ETH, BCHABC, BCHSV, ETC, XMR, STR, FCT, LTC, BTS, DOGE, DASH, MAID, and CLAM.EOS and ATOM won’t be the last, either, because we are working on adding other tokens and base pairs for margin. We are expanding the tokens available for margin as part of our effort to make Poloniex one of the most innovative exchanges in the world.Like the other assets available for margin, EOS and ATOM are also now available for lending. That means customers holding EOS or ATOM can lend it to other customers and earn interest (set by the market).This builds upon other steps we’ve taken in recent weeks, including:We were the only exchange to allow Cosmos ICO participants to preview and claim their Atoms’ balanceWe completed a major systems upgrade that has enhanced performance across wallet functionality, trade execution speeds and overall latencyWe reduced trading fees and streamlined the fee structure to make our fees among the lowest of U.S. exchangesWe were one of the earliest exchanges to list GrinGetting started with margin and lendingFor those interested in trading on margin or lending, make sure you’re signed into Poloniex. You can read more details about margin and lending on our support page here.If you have any questions, please reach out to our support team here.

added coins provide Revolut users with the ability to buy, store, and sell four different digital assets.

Six weeks ago, Revolut launched a new exchange in the United States and initially, the platform supported bitcoin (BTC) and ethereum (ETH).

Today Revolut has added bitcoin cash (BCH) and litecoin (LTC) support to the exchange’s roster of listed crypto assets. Revolut says the trading platform frictionlessly allows users to swap digital assets at the tap of a button.

Revolut has 13 million customers worldwide and roughly a million users are trading on a regular basis. “Monthly crypto volumes are in the hundreds of millions of dollars,” the firm detailed during the BCH and LTC support announcement.

Moreover, the company says that around 5,000 daily signups are attributed to its crypto service.

“At Revolut we pride ourselves in being a customer-obsessed brand,” Edward Cooper, Head of Crypto at Revolut said. “Since we launched our crypto offering in the States, we had swarms of customers requesting that we add Bitcoin Cash and Litecoin to the product. So, we took notice, got straight to work, and were able to deliver in just four weeks.”

The company highlighted that it aims to construct a financial super application that “provides customers with a checking account, budgeting tools, instant P2P payments.”

Revolut also allows users to spend and transfer the funds using a real-time exchange rate based on 28 different fiat currencies.

“I have said this before, but crypto has traditionally been inaccessible to the average consumer,” Cooper concluded.

“Traditional exchanges can be clunky and confusing, which immediately puts a lot of people off. We have built a platform that gives you exposure to the world of digital currencies at the tap of a button, and that’s the way it should be,” the Revolut Head of Crypto executive added.

What do you think about Revolut adding bitcoin cash and litecoin? Let us know in the comments section below.

Use Bitcoin and Bitcoin Cash to play online casino games here.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

addition, customers could also pay for items and services utilizing digital assets. Well today, it looks like all of PayPal’s available to all customers in the United States, suggesting that the company is not willing to step back at all and is trying to get things in order as fast as possible. Just last week, only ten percent of its clientele could potentially access the company’s crypto services. Now, they are available to 100 percent of its US-based customers. In addition, individuals can now purchase as much as $20,000 in crypto assets each day. Prior, the limit was $10,000, suggesting that PayPal has doubled this figure in a relatively short period. They company has also stated that its international will also gain access to its many crypto services during the latter half of 2021. It’s odd to see PayPal working so hard to establish itself as a crypto-based platform. Aside from allowing people to purchase crypto and use it as a method of payment, the firm has also so that it can operate in the Big Apple. All New York-based cryptocurrency firms are required to garner certain licenses so that they can offer their services to customers in the city. Working with Paxos Trust, PayPal has gotten its fingers on a conditional BitLicense. Furthermore, the company has also stated that it is potentially looking to purchase cryptocurrency custody firms such as Bit Go, powerful and fully establish it as a leading digital assets enterprise. While no sales have been set in stone just yet, offers are allegedly being looked at. One potential reason for PayPal’s rebranding of itself is because crypto has become one of the most solid asset classes in 2020. Following the rise of the in mid-March, the financial space has been up and down, and many investors see the US dollar and other fiat currencies are relatively weak by comparison given that they have been subject to inflation and other harsh economic conditions affecting their stability and prices. Bitcoin and crypto are now seen as potential tools that can hedge one’s wealth and keep portfolios safe during times of financial strife. Thus, it can be argued that PayPal is ready and willing to be in the middle of all that and rake in the profits of what will no doubt be a huge attractor factor for many new clients in the US and abroad. Tags: coronavirus, cryptocurrency, PayPal

technologies.

In a new interview on CNN, Garlinghouse says Ripple’s US customers are largely steering clear of using On-Demand Liquidity (ODL), which uses the digital asset XRP to move money across borders.

“Oftentimes when I’m speaking to customers and we’re talking to them about our product that uses XRP in the payment flows, they will ask me about the regulatory dynamics. And we have had customers say until there’s clarity and regulatory frameworks, we’re going to hold off.

That has not been the case because of the clarity and the certainty in countries like I mentioned, like the UK or the UAE or Switzerland. You do have companies in those markets saying absolutely, we’re supportive. Let’s move forward.”

Garlinghouse says despite the fact that Ripple is headquartered in San Francisco, the vast majority of its customers are actually overseas.

“95% of our customers are non-US customers and only about 5% are here in the US. And people say, well you’re a US company, why is that? One of the dynamics is, we have US companies who are waiting for clarity and the clarity really emanates from the Securities and Exchange Commission (SEC). The US SEC said almost three years ago that Bitcoin is not a security and then they came out about two months later and they said Ether is not a security. And then they stopped and instead focused their energy on some of the bad actors in the ICO market.” 

Garlinghouse says he’s looking for the SEC to turn its attention back to analyzing top crypto assets and determining their regulatory status.

“For us, around XRP and the over 100 companies that are working with XRP, getting that clarity and that certainty [is important]. It’s very clear to me that XRP is being used by many companies as a currency. You’ve had the US Department of Justice refer to XRP as a security. You’ve had FinCEN (Financial Crimes Enforcement Network) refer to it as a security, but you haven’t yet had that clarity from the SEC.” 

Featured Image: Shutterstock/Gonin

offering nine coins to United States-based customers due to uncertain regulations, according to a blog post published on May 16. Starting from May 29, Poloniex will stop offering trading in Ardor (ARDR), Bytecoin (BCN), Decred (DCR), GameCredits (GAME), Gas (GAS), Lisk (LSK), Nxt (NXT), Omni Layer (OMNI), and Augur (REP) for its customers in the U.S. Trading with the aforementioned assets will remain available for the exchange's customers outside the U.S. Poloniex said that the decision was motivated by the uncertain regulatory environment in the country. "Specifically, it is not possible to be certain whether U.S. regulators will consider these assets to be securities," the exchange states. The legal status of cryptocurrency remains uncertain in the U.S. As previously reported, the U.S. Securities and Exchange Commission's (SEC) "crypto czar" Valerie Szczepanik said that platforms seeking to list initial exchange offering (IEO) tokens for a fee could find themselves in regulatory trouble. "If they are not registered they will find themselves in trouble in the U.S., if they have a U.S. issuer or U.S. buyers, if they are operating on the U.S. market," Szczepanik said. In early April, the SEC published a framework, developed by Szczepanik and another commissioner Bill Hinman, to help market participants ascertain whether or not a digital asset is deemed to be an investment contract, and therefore a security. SEC Chairman Jay Clayton and Commodities Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo noted the importance of the agencies becoming literate in digital assets and blockchain technology earlier this month. Giancarlo added that the CFTC should "be able to conduct independent market data analysis across different data sources, including decentralized blockchains and networks, without being reliant on self-regulatory organizations and market intermediaries."

transition over 30 coins to its European affiliate, Bittrex International, an exclusive trading platform for non-U.S. customers. According to the announcement, U.S. traders had until June 21, 2019, before they would be cut off from trading on affected crypto coins.Exchanges Increasingly Geofencing the U.S.It appears cryptocurrency regulatory laws in the United States, which claim to protect American investors, are increasingly causing more harm than good. Another cryptocurrency exchange platform, , announced an impending 32-cryptocurrency blockade for its U.S. traders.In a twitter announcement, the company stated the reason for its action,:International markets provide the greatest opportunity for growth with the lowest risk of regulatory uncertainty. We will continue to advocate for laws and regulations that foster innovation.Update: Market availability changes for U.S. customers. US customers will have access to a limited number of markets moving forward. Like other industry participants, we will continue to advocate for laws and regulations that foster innovation. Learn more: BittrexUS (@BittrexUS) Some of the coins that would be inaccessible to traders include QTUM, QRL, HYDRO, NMR, ADT, AMP, BLOCK, BOXX, PRO, ION, XEL, XNK, among others.Furthermore, the announcement stated that U.S.-based customers had until June 21, 2019, before the 32 coins would transition to Bittrex International, a platform for non-U.S. traders.Bittrex just delisted a couple dozen tokens for US investors.Imagine waiting for trex alt season and get delist season instead. Su Zhu (@zhusu) Poloniex and Binance earlier announced a similar move to blacklist its U.S. customers. In May 2019, Poloniex announced that U.S. customers would not be able to nine tokens. According to the cryptocurrency exchange, following the countrys lack of clear policies regarding tokens, it was safer to stop offering the tokens to traders.There were also reports that Binance DEX, was planning to block 29 countries, including the U.S., from accessing its website, effective July 1, 2019.The 29 countries would be unable to access binance.org, the website for Binance DEX. Following the announcement, Binance CEO Changpeng Zhao (CZ) traders to use virtual trading networks (VPN), a service that helps circumvent IP restrictions. The CEO went as far as to call it a necessity.Bittrex added that the blockade does not apply to international customers and further urged its U.S. traders to withdraw their assets before the deadline.Ambiguous Cryptocurrency Regulations Cause UncertaintyThe U.S. Securities and Exchange Commission () has been continuously accused of failing to provide precise regulation regarding the classification of digital assets. Before now, the regulator applied the Howey Test and categorized tokens as securities, an action that hasnt gone down well with the crypto community.AsBTCManagerreported, Kik launched to fight the SEC, following a threat to take legal action against the company for failing to register with the agency.However, it seemed like the SEC listened to complaints from different quarters. The agency published an unofficial which offered a little more clarity concerning the categorization of digital assets.Concerning the legal status of crypto tokens, U.S. Congressmen Warren Davidson and Darren Soto proposed called the Token Taxonomy Act in 2018. According to the proposal, security laws wouldnt apply to digital tokens.With the SECs crypto laws still mostly vague, its steadfast reliance on the archaic Howey Test, and its continuous uncertainty regarding the crypto space, the country runs the risk of falling behind.Exchanges are moving to nations where policies are clear cut, and if the SEC doesnt do anything concrete about existing laws, more businesses will continue to blacklist U.S. customers.Like BTCMANAGER? Send us a tip!Our Bitcoin Address: 3AbQrAyRsdM5NX5BQh8qWYePEpGjCYLCy4

high for "real" volume by roughly 100%.

On Thursday, Quantum Economics founder Mati Greenspan shared a chart showing that weekly spot volume has surged to double its previous high, according to Messari’s “real volume” metric, with more than $60 billion worth of BTC changing hands over the past seven days.

Messari’s “real” volume metric was launched to aggregate and adjust the volumes of the top exchanges it believes report legitimate activity: Binance, Bitfinex, Bitflyer, Bitstamp, Bittrex, Coinbase Pro, Gemini, itBit, Kraken and Poloniex.

The metric was updated in May 2020 to include an adjusted score for top Asian exchanges including Huobi, OKEx, Gate.io, Bithumb, UpBit, CoinOne and Liquid using an adjusted score based on information provided by 10 third-party crypto data aggregators. It also includes a 50% adjustment to the reported volume from Korean and Chinese platforms.

At the time of writing, more than $67 billion in BTC had changed hands this week, according to the metric.

“Real” Bitcoin trading volumes: Messari

The previous real volume record was posted during mid-2019, when weekly volume exceeded $32 billion as the price briefly reclaimed the five-figure price-range after sinking below $4,000 at the start of that year.

Other crypto data providers are also reporting record volumes for BTC, with CoinMarketCap estimating that more than $85 billion worth of Bitcoin (BTC) changed hands in the last 24 hours alone, while CoinGecko reported $77 billion in daily trade.

According to Skew, Bitcoin futures contracts have produced more than $97 billion in 24-hour trade.

Aggregated daily BTC futures volume: Skew

Greenspan said markets were seeing "monster volumes."

"Volumes on the Bitcoin blockchain have also been building up steadily over the last few months and are now much higher than they were during the 2017 and 2019 rallies."

Article source