Coinbase Adds Privacy-Centric Crypto Zcash to Pro Trading Exchange

  Crypto exchange Coinbase Pro is adding privacy coin zcash to its listings. The platform announced Thursday that customers can transfer zcash into its professional trading platform, though as with previous additions, users can not yet purchase the token until the exchange has established enough liquidity. Deposits will be accepted for at least 12 hours after the announcement at 18:00 UTC. When trading is enabled, only Coinbase Pro users in most of the U.S., UK, European Union, Canada, Singapore and Australia will be able to access the coin. New York…

Coinbase Quietly Opened Its OTC Crypto Trading Desk This Month

U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk earlier this month. In an interview with news source Cheddar on Tuesday, Coinbase head of sales Christine Sandler said that the firm launched the OTC desk as a complement to its exchange business because institutions are using OTC as an “on-ramp for crypto trading” In an OTC transaction, a trade takes place between two parties directly, unlike on an exchange where orders are matched between third-party buyers and sellers. “We felt this was a huge benefit to our clients…

Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban

Zebpay, once the largest cryptocurrency exchange by trading volume in India, has announced it is halting its trading service later today. Giving only several hours’ notice, the Ahmedabad-based company said in a tweet that, from 16:00 local time (10:30 UTC) on Friday, it will halt its exchange service and cancel all unexecuted orders, crediting the funds to customers’ wallets. “No new orders will be accepted,” the exchange said. In a blog post published today, Zebpay further explained the decision directly results from the ban issued by India’s central bank earlier this…

Quoine Looks to Boost Crypto Liquidity With New Trading Platform

Cryptocurrency exchange startup Quoine has launched a new trading platform that it says will bring much needed liquidity to the crypto markets. Called Liquid, the new service is a cryptocurrency trading “portal” that provides users with access to what it claims in a press release is “a worldwide network of cryptocurrency exchanges.” With a lack of liquidity having “hampered the development of the cryptocurrency markets,” Liquid argued that its new product could help usher in greater stability. From launch, Liquid will allow users to match trades across “multiple transactions and cryptocurrencies” –…

No Go on a Cryptocurrency Trading Desk

Goldman Sachs (NYSE:GS) has finally clarified that a cryptocurrency trading desk is not in its plans for the foreseeable future. Some investors must feel downtrodden about this news. Let’s find out what’s going on. Cryptocurrency Trading Desk? The Goldman Sachs Rumor Mill The rumor mill has been churning for some months now; it was believed that Goldman Sachs had been making significant progress toward establishing a direct crypto trading desk. But what started this game of crypto telephone? Well, catalysts for the rumor go back to 2017 and began when…

Aussie Blockchain Powers P2P Solar Power Trading in Upscale Bangkok Community

Australian solar startup Power Ledger, the developer of a peer-to-peer (P2P) energy marketplace on a blockchain, has commenced a trial in Bangkok enabling residents to buy and sell solar electricity. In a first-of-its-kind trial in Asia, residents and habitants of Bangkok’s T77 precinct are participating in an ‘across the meter’ energy trial that allows users’ to trade their excess electricity – generated by renewable solar power – over a blockchain marketplace that’s accessible by an 8-hectare centrally-located Bangkok precinct on the city’s electricity grid. Participants in the affluent community’s energy…

Bitcoin Price Could End Day With Tightest Trading Range of 2018

UPDATE (20:00 UTC): Bitcoin’s trading range has now surpassed $160 for the day. The bitcoin market has gone comatose today with a key volatility reading hitting fresh yearly lows. The daily bitcoin volatility, as represented by the spread between the daily price high and price low (as per UTC), currently stands at $84 – the lowest level since July 9, 2017 – according to CoinDesk’s Bitcoin Price Index (BPI). Back then, the spread was seen at $68. Assuming that this differential remains at $84 until 00:00 UTC hours, we can…

Bittrex Partners With Trading Firm on Crypto Securities Offering

U.S.-based cryptocurrency exchange Bittrex is partnering with a regulated alternative trading system (ATS) with the aim of ultimately launching trading in crypto securities. In an announcement Thursday, Bitrex said it is working with Rialto Trading, which currently offers fixed-income products for traders, to gain regulatory approval to support “blockchain-based securities,” according to a press release. If approval is granted, Rialto plans to launch a “comprehensive” securities offering, including an issuance advisory service, placement, trading and custody. For the system, the firm will leverage its ATS and the tools it uses…

Crypto Trading 101: How to Read an Exchange Order Book

It takes two to tango in the world of crypto trading, where a dynamic relationship between buyers and sellers is always on display in something called an order book. A tool that visualizes a real-time list of outstanding orders for a particular asset, order books represent the interests of buyers and sellers, offering a window into supply and demand. But while all order books serve the same purpose, their appearance can differ slightly among exchanges. That said, they are all built with the same features and functions. Examples from Coinbase Pro,…

Bitcoin Plunges Over 40% After Twitter Announces Ban On Crypto Ads | CNBC

Bitcoin is hovering below the $8,000 mark as Twitter joins Google and Facebook in banning cryptocurrency ads. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Bitcoin…