Eduard Watson

9 months ago

The latest crypto news brings both hopeful announcements and not so positive ones. Here are the latest main events in the cryptosphere regarding Binance, Ripple, IOTA, and Monero.

Binance

Binance just launched an over the counter OTC trading service for institutional investors which supports more than 80 cryptos.

OTC trades are usually pairing two parties that want to trade a larger number of a particular asset at a pre-arranged price.

The trades are executed outside of an exchange’s open order book in order to avoid a massive impact on the market’s price.

Ripple's XRP

XRP steps into the spotlight this time after a massive crypto whale surfaces. It moves more than 187 million XRP worth $59.2 million.

The crypto has been moved from Poloniex exchange to an unknown wallet at a transaction cost of about 4 cents.

IOTA

British, German and Europol authorities said that they have arrested a British man who has stolen more than $11million worth of IOTA.

He has been accused of launching a website that was claiming it could create secret passwords for IOTA users.

These were basically randomly generated. But in fact what was happening was that the passwords were stored on the server and they were used to steal funds.

“Several victims created the seed on this website in good faith, however, the seeds were stored in the background by the service provider. Later the criminal used these to gain access to the victims’ wallets and transferred their money to other wallets created with fake IDs,” the official announcement said.

Monero (XMR)

Monero's latest predictions in terms of price were positive during the last few days but it seems that the bears have gotten a hold of the privacy-oriented coins and they just won't let go.

XMR seemed to have hit consolidation.

The privacy-oriented coin has been pulled down during the past few days by a constant bear pressure that lingered around, but a mild bullish pressure caused the prices to enter the consolidation stage.

BCFocus notes that the current resistance level for XMR is at $44.5.

Now, XMR is trading in the red again on CoinMarketCap despite the bullish sentiment that surfaced a few days ago.

People Mentioned

Justin Sun

Founder of TRON (TRX)

Coins Mentioned

Justin Sun

Founder of TRON (TRX)

Companies Mentioned

Justin Sun

Founder of TRON (TRX)

Justin Sun

Founder of TRON (TRX)

+ 1.45%
Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
SportBet.io

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Binance

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Icon
Kraken

Lorem Ipsum is simply dummy text of the printing and typesetting indu...

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Trending news

Advertise

Trending news

Top Exchanges
Icon
Binance

4.93

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Icon
Binance

4.93

Read Review - Website

Icon
Gemini

4.85

Read Review - Website

Icon
Kraken

4.10

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Icon
7bitcasino

4.20

Read Review - Website

Top Sportsbook
Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Icon
1xBit

4.0

Read Review - Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1358 Articles
7255 Followers