Coinbase Deposits in the U.K. Now Takes 10 Days with Minimum Deposit £1000

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Coinbase Deposits in the U.K. Now Takes 10 Days with Minimum Deposit £1000
Recent reports show that Coinbase has changed the minimum deposit for U.K. customers. Now the minimum deposit is £1000 staff has confirmed in private e-mails on July 16.
Coinbase Deposits in the U.K. Now Takes 10 Days with Minimum Deposit £1000

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Source: CoinSpeaker

First mover better prepared for world domination, says Binance’s CZ as he hints at Facebook-Tencent rat race

Just like any other disruptive technology, cryptocurrency required a decade to be viewed as not just a speculative and risky asset, but as the future of the world’s financial services. Today, with the entry of several financial and non-financial institutions into the crypto-space, many around the world are speculating what its role will be in […]
The post First mover better prepared for world domination, says Binance’s CZ as he hints at Facebook-Tencent rat race appeared first on AMBCrypto.
Source: AMB Crypto

Long-Standing Coinbase’ Rival CEX.io Opens New Office in the U.S.

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Long-Standing Coinbase’ Rival CEX.io Opens New Office in the U.S.
CEX.IO has announced the opening of its entity in the U.S. which can be a serious reason for Coinbase to worry about.
Long-Standing Coinbase’ Rival CEX.io Opens New Office in the U.S.

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Source: CoinSpeaker

This Token Surges 58% Higher Following Coinbase Listing

Coinbase, one of the largest cryptocurrency exchange announced the listing of Chainlink (LINK) token on its trading platform and mobile apps (iOS and Android) – following the listing, LINK token began surging with over 58% within past 24 hours. 
Chainlink (LINK) Outperforms
At the time of reporting, the value of Chainlink (LINK) is witnessing an outstanding surge of 58.82% over the past 24 hours. Currently counting as the 17th largest cryptocurrency with a market cap $1,248,361,463, LINK token is trading at the value $3.57 against USD.
Chainlink Price | Coinmarketcap
Looking closer at the value of Coinmarketcap, LINK token is highly trading at Binance and Coinbase Pro exchange. In fact, Binance and Coinbase Pro appeared on the top three exchanges where the major trading volume of LINK token can be found. Other exchanges with a high trading volume of LINK token are – Huobi Global, Iquant, BKEX, OKEx, CoinBene and unlike.
Chainlink Market | Coinmarketcap
Just to note, the token has already crossed over $1 billion and very closed to jump 16th spot where NEO token is currently ranking. Today’s announcement of LINK listing on Coinbase comes after its listing on Coinbase Pro two days ago. Accordingly, the LINK token is now available to permissible jurisdictions which put aside residents of State of New York at the initial point. If you’re a Coinbase user, you would first require to update your Coinbase app on iOS and Android to see LINK token listing on Coinbase app.

You may also read…
Coinbase Custody Platform Partners With Leading Crypto Index Provider

Obviously, Coinbase’s listing made a spectacular mark on LINK’s trading volume within a very short span of time – but it is worth to note that they had earlier announced the launch of its mainnet on ETH network with the aim to tackle connectivity issues in smart contracts.
Talking about the market, it is quite mixed with positive and negative remarks – nevertheless, LINK token among top 20 cryptocurrencies pops with major pump i.e 58.82 percent within the last 24 hours.
So readers, what’s your take on Coinbase listing LINK.? Do you think LINK token will again see an upsurge in its trading volume.? Let us know in the comment below
The post This Token Surges 58% Higher Following Coinbase Listing appeared first on Coingape.
Source: CoinGape

Chainlink Started Live Trading on Coinbase, LINK Price Skyrockets

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Chainlink Started Live Trading on Coinbase, LINK Price Skyrockets
Coinbase began trading Chainlink today. LINK is available to trade with the U.S. dollar (LINK/USD) and with Ether (ETH) (LINK/ETH). LINK price reacts to the news adding enormous 54.11%.
Chainlink Started Live Trading on Coinbase, LINK Price Skyrockets

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Source: CoinSpeaker

Coinbase Custody Platform Partners With Leading Crypto Index Provider

Coinbase Custody platform announced the partnership with Bitwise Asset Management to hold its fund in custody.
Bitwise Asset Management is a San Fransisco based provider of index and beta of crypto assets funds. It launched the first ever cryptocurrency index, the Bitwise 10 Private Index Fund, in 2017. The Asset Manager has also applied for an ETF approval with the Securities Exchange Commission (SEC) in the US.
Also Read: Bitwise Presents Bitcoin [BTC] Market ‘Myth-Buster’ Statistical Report to the SEC
Bitwise’s Chief Operating Officer, Teddy Fusaro, noted on their choice of crypto custody. He said in the blog post,
“Our choice of partners is critical in this regard, particularly when it comes to crypto custody. It’s Bitwise’s goal to be the leading brand in crypto asset management and in order to do that we rely on other trusted leaders in the industry like Coinbase Custody.”
Coinbase Custody provides secure and ensured storage for a variety of cryptocurrencies. It has a $255 million limit insurance placed by Lloyd’s registered broker Aon and sourced from a global group of US and UK insurance companies. The Chief Information Security Officer of Coinbase, Philip Martin, noted,
“Lack of insurance simply shouldn’t be a limiting factor for institutional investors any longer.”
Bitwise asset management’s index funds and future ETFs will necessarily require a lot of custody. Moreover, cross-managerial efforts of two leading firm in the space also reinstate trust in their products.
Bitwise was the pioneering company that released the ‘fake reported volume’ report, which highlighted the extent of wash trading in the market. Moreover, it has taken careful consideration of the market and SEC guidelines to gather and implement authentic behavior. Currently, Bitwise serves institutional investors like family offices and financial advisors to pensions, endowments, foundations, and high net worth individuals.
Do you think that cross-industry efforts are the way forward? Please share your views with us. 
The post Coinbase Custody Platform Partners With Leading Crypto Index Provider appeared first on Coingape.
Source: CoinGape

Could Coinbase’s Brusque Market Disruption Be the Reason for Bitcoin’s Sudden Price Dip?

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Could Coinbase’s Brusque Market Disruption Be the Reason for Bitcoin’s Sudden Price Dip?
Coinbase, a cryptocurrency exchange recording over $1 million Bitcoin trading volume, experienced a few minutes site crash. Bitcoin price concurrently plunges afterward within a period of 24 hours.
Could Coinbase’s Brusque Market Disruption Be the Reason for Bitcoin’s Sudden Price Dip?

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Source: CoinSpeaker

Bitcoin Price Climbed to New ATH for 2019, Almost Hit 14,000

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Bitcoin Price Climbed to New ATH for 2019, Almost Hit 14,000
After hitting its new 2019-high close to $14,000 levels on Wednesday, Bitcoin price underwent a major pullback losing nearly $1.8K in just a few hours and is currently trading around $12,200 levels.
Bitcoin Price Climbed to New ATH for 2019, Almost Hit 14,000

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Source: CoinSpeaker

#CoinbaseDown: Bitcoin [BTC] Dropped by $2k Just Below $14000 – Here’s What Happened

Bitcoin [BTC] price was going through an overwhelming run looking to close to $14000. However, like Icarus flew too close to the sun, this run was affected by a massive drop in volume instantaneously. Coinbase Exchange went down inadvertently causing a 14% drop ( about $2000) in less than an hour.
Also Read: Bitcoin [BTC] Forges Another Assault On $15,000 Reviving Investor Interest
Coinbase Error Message (Source)
Here’s How it Happened
At 20: 47 Hours, Coinbase reported an issue of degraded performance. The price of Bitcoin had already dropped for by 12% more than 15 minutes before the announcement.

BTC/USD 15-minute Chart on Bitstamp (TradingView)
Before 20: 15 Hours UTC on 26th May 2019, Bitcoin was trading above $13800, and it was during a hot run from $12800 to break above $13800. The FOMO was just about to drive Bitcoin to new yearly highs. When the incident occurred. Ran Neuner, the host of Crypto-Trader tweeted,

Coinbase, you ruined the whole party!
— Ran NeuNer (@cryptomanran) June 26, 2019

Later at 21: 38 Hours UTC on 27th May 2019 it announced that the issue was resolved. However, the price had recovered almost as fast as it dropped. The instant decrease in volume was during an inflection point was probably the reason why it happened.
Peter Brandt, a chart analyst, and trader tweeted,
It type of thing happens usually when an exchange wants to take advantage of its customers. He also said, “Talk about volatility. The break today in BTC would be the equivalent of the S&Ps dropping 500 points — in 90 minutes.”
Moreover, it also exposed the extreme volatility in Bitcoin. A drop of $2000 in less than 15 minutes would usually signify a huge trend reversal or fundamental adversity. Nevertheless, it is also an indication of how FOMO was kicking in as the activity of Exchanges is increasing rapidly.
Bitcoin’s price has recovered trading above $12k. The price of Bitcoin at press time is $12730. It is trading 6.11% higher on a daily scale.
Do you suspect malicious activity from the Exchange? Please share your views with us.
The post #CoinbaseDown: Bitcoin [BTC] Dropped by $2k Just Below $14000 – Here’s What Happened appeared first on Coingape.
Source: CoinGape

Coinbase Pro Lists Ethereum-Based Chainlink (LINK) After Google ‘Name Drop’

Despite the fact that crypto assets are bleeding out against Bitcoin, the Ethereum-based LINK (Chainlink) has recently received the support of Coinbase. This comes amid BTC’s move to $13,400, marking a 333% rally from the cycle bottom of $3,150.
LINK Down 1.2% Despite Coinbase Listing
Announced Wednesday via a blog post, Coinbase Pro, the startup’s cryptocurrency exchange for professional traders, will soon be listing LINK.
Related Reading: Why The Current Bitcoin (BTC) Recovery is 3x Faster Than Last Crypto Cycle
Per the announcement, starting around an hour ago, the platform will be accepting inbound deposits for the Ethereum token. Once “sufficient supply” of LINK is established on Coinbase-owned wallets and 12 hours of depositing has elapsed, Coinbase will commence trading for the asset.
Trading will take place against U.S. dollars and Ethereum. And the asset on Coinbase Pro will be supported in all jurisdictions the exchange is available in, sans New York State due to regulatory concerns.

Our LINK/USD, and LINK/ETH order books will soon enter transfer-only mode, accepting inbound transfers of LINK in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/BnVOqhFUdV
— Coinbase Pro (@CoinbasePro) June 26, 2019

As normal, the launch of trading will take place in four steps: deposits, posting limit orders, matching limit orders, and then full trading.
Despite this listing, however, LINK is down in the past 24 hours. In fact, according to Coin Market Cap, the cryptocurrency is down 1.2%, and down nearly 20% against the market leader, Bitcoin. This confirms this outlet’s previous reports, which revealed that by and large, the so-called “Coinbase (Listing) Effect” is dead.
Google Lauds Chainlink
This news comes hot on the heels of a statement of support for the project from Google. Per previous reports from NewsBTC, Google Cloud, the firm’s cloud computing services platform, released an article titled “Building hybrid blockchain/cloud applications with Ethereum and Google Cloud”.
While this was big news in and of itself, the crypto community focused on the article’s mention of Chainlink, which is focused on facilitating data from the Internet to be translated to and verified for blockchain.
The Ethereum project’s claim to fame is its so-called “oracle” system, which is a recently-launched product meant to improve processes made via blockchain. For instance, if someone is betting on a real-world financial scenario with the Ethereum-centric Augur, an oracle can be used to make the outcome verification process much easier. In the recent post, Google’s Allen Day adds:
“Possible applications are innumerable, but we’ve focused this post on a few that we think are of high and immediate utility: prediction marketplaces, futures contracts, and transaction privacy.”
This recent integration will allow for Chainlink, and Ethereum smart contracts by extension, to interact with BigQuery, Google’s data analyzer and portal. What this does is allows for developers to build decentralized applications that can harness Google, theoretically improving the efficiency and viability of smart contracts.
Featured Image from Shutterstock
The post Coinbase Pro Lists Ethereum-Based Chainlink (LINK) After Google ‘Name Drop’ appeared first on NewsBTC.
Source: New feedNewsBTC.com

Maxonrow Joins the Blossoming Blockchain Industry in Kuala Lumpur and Taipei

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Maxonrow Joins the Blossoming Blockchain Industry in Kuala Lumpur and Taipei
One of the emerging blockchain firms in the space, Maxonrow, views the growth of blockchain in Southeast Asia as an opportunity to set a precedent of cooperation between government agencies and blockchain enterprises.
Maxonrow Joins the Blossoming Blockchain Industry in Kuala Lumpur and Taipei

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Source: CoinSpeaker

Bitcoin briefly scratches the $13,000 ceiling on Binance, less than 3 hours after shattering $12,000

Bitcoin has been on a roll since it broke the $6,000 barrier. After breaching the massive psychological resistance at $10,000, it hasn’t stopped since. Earlier today, Bitcoin did something similar as it broke the $12,000 mark, 4 days after breaching the $10,000 level. However, the ascent from $12,000 to $13,000, although not permanent, happened faster […]
The post Bitcoin briefly scratches the $13,000 ceiling on Binance, less than 3 hours after shattering $12,000 appeared first on AMBCrypto.
Source: AMB Crypto

Bitcoin: Would you rather HODL Bitcoin or trade? ex-CTO of Coinbase opines on investing in cryptos

With the inception of Bitcoin and the advent of altcoins, there has never been a good chance to make quick money by simply investing. The last time such an opportunity was seen during the DotCom bubble. However, scams are also a part of this opportunity which became more than evident during the ICO frenzy of […]
The post Bitcoin: Would you rather HODL Bitcoin or trade? ex-CTO of Coinbase opines on investing in cryptos appeared first on AMBCrypto.
Source: AMB Crypto

Speculative trading exists in over 90% of digital assets

Speculative trading in Bitcoin and other cryptocurrencies has been long associated with unstable valuation. The abrupt price movements and the high volatility of the industry have also added to notions of Bitcoin and its peer digital assets being risky assets. However, instead of taking it as an accusation, Alesia Haas, the chief financial officer of Coinbase stated […]
The post Speculative trading exists in over 90% of digital assets appeared first on AMBCrypto.
Source: AMB Crypto

Coinbase Launches a Push Notification Feature on Its Mobile dApp

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Coinbase Launches a Push Notification Feature on Its Mobile dApp
The leading American Exchange Coinbase decided to incorporate an alerting mechanism in order to update users on cryptocurrency price fluctuations.
Coinbase Launches a Push Notification Feature on Its Mobile dApp

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Source: CoinSpeaker