Bitstamp news

Established in 2011, Luxembourg. No. of pairs - 14. Fiat - EUR, USD. Centralized exchange.

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Bitstamp’s Cryptocurrency Activity Up Over the Month

Most of the centralized bitcoin and cryptocurrency exchanges saw a decline in activity during the last 30 days, according to TokenAnalyst data. Bitstamp is the only exchange to experience increased flow.  Bitstamp is Amongst Best Performers in Terms of Net Flow Major crypto exchanges like Binance and Bitfinex saw their inflows and outflows dropping over the month, suggesting a decrease in activity. On the other side, Bitstamp noted an increase in the outflow of bitcoin. Elsewhere, OKEx recorded an increase in inflow and outflow of USDT. Interestingly, the bitcoin trading volume as displayed by Coinmarketcap has also decreased during the same period. The Bitstamp’s increased activity might point to the so-called whales. Yesterday, Twitter user Whale Alert reported that 1,002 bitcoins worth about $10.3 million were transferred from Bitstamp to an unknown wallet. 1,002 #BTC (10,327,730 USD) transferred from #Bitfinex to unknown wallet Tx: — Whale Alert (@whale_alert) September 10, 2019 In parallel, over 55,000 ETH worth about $10 million moved from Bitstamp to an unknown wallet. 55,210 #ETH (10,031,058 USD) transferred from #Bitfinex to unknown wallet Tx: — Whale Alert (@whale_alert) September 10, 2019 Recently, we reported that several large bitcoin transactions worth hundreds of millions moved from OKEx, which sparked rumors that the crypto exchange might be hacked. However, CEO Jay Hao called for calm, saying that it was a scheduled wallet maintenance procedure. While we don’t know if the recent Bitstamp transactions were part of a similar maintenance event, the operations might have influenced the outflow. Another plausible reason behind Bitstamp increasing activity is that more institutional investors from the UK use the exchange to buy and sell crypto. In July, the European exchange partnered with brokerage firm BCB Group to allow transfers in British pounds. At the time, the exchange said that GBP transfers would become available by the end of the year. Stablecoins See Increased Activity Tokenanalyst data showed that stablecoins’ activity increased during the week ending September 7 compared to the previous week. Thus, the inflow of stablecoins on all exchanges during the week was $469.4 million, up 26.4% from the previous week. The outflow of stablecoins was $573.2 million, up 41.0% in weekly terms. The list of tracked exchanges includes Binance, Bitfinex, Bittrex, Kraken, KuCoin, OKEx, and Poloniex. Do you think that the increased activity in stablecoins suggests investors are exiting the markets? Share your thoughts in the comments section! Images via Shutterstock, Twitter: @whale_alert The post Bitstamp’s Cryptocurrency Activity Up Over the Month appeared first on

BTC whales move over $20 million from Bitstamp and Coinbase in different transactions

With Bitcoin valued a little over the $10,000 mark, the market saw a continuous exchange of the coin between wallets over the past few days. These transfers were carried out parallel to the digital gold’s steady movement.  Whale Alert, one of the web’s major cryptocurrency transaction trackers, shared news of this transfer on Twitter. The […] The post BTC whales move over $20 million from Bitstamp and Coinbase in different transactions appeared first on AMBCrypto.

Crypto Exchange Bitstamp Partners with Prime Broker to Enable GBP Transfers

Luxembourg-based cryptocurrency exchange Bitstamp is now adding GBP to its list of fiat currency options in partnership with the prime broker BCB group, announced the exchange on July 29. Bitstamp which is approaching its 8th birth anniversary is one of the ten exchanges with real volume. In June 2019, it recorded 3.95 million monthly visits, […]
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Token Swap: Tether Announces Token Burn Of Over 400 Million USDT

Tether has shared a piece of information about a forthcoming token burn which according to announcement would take place shortly. According to a tweet from their official Twitter handle, Tether plans to shortly move 400 million Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. Tether will shortly move 400m Tether USDt as part of its Omni authorized but not issue pool to the issuance address in order to burn/revoke them. — Tether (@Tether_to) September 16, 2019 Tether Minted 300 million USDT Few Days Ago Few days ago, Tether took to Twitter to inform its users that it was coordinating with a third party to perform a chain swap. This was planned in order to convert some tokens from their original Omni to an Erc 20 protocol. At the time of the initial announcement, 300 million Tether USDt was announced to have been minted for the swap. However, these conversions took place few days ago as Tether promised the token swap wouldn’t disrupt the total supply. In few hours Tether will coordinate with a 3rd party to perform a chain swap (conversion from Omni to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process. — Tether (@Tether_to) September 12, 2019 Whale Alert, a twitter account dedicated to alerting the community of big cryptocurrency transactions, noted the coinage described above in a tweet published on Sept. 12. As per a second tweet submitted as an answer to the first one, Whale Alert offered an explanation of the type of transaction: “This USDT mint is part of a swap. The corresponding burn on Omni has not taken place yet.” And finally, Tether is burning the Omni Tether that was already converted to ERC20. Until now, no token burn has taken place on Omni blockchain. In July, it was reported that Tether accidentally minted and burned 5 million USDT tokens. However, Tether long-standing controversy about issues relating to transparency and market manipulation. The post Token Swap: Tether Announces Token Burn Of Over 400 Million USDT appeared first on Coingape.

Zero-Knowledge Proof Solution from QEDIT Implemented Into Kaleido Blockchain For Transaction Privacy

Kaleido, a startup blockchain solution from ConsenSys Venture Studio has gone on record to become the first blockchain platform to implement the zero-knowledge proof solution from QEDIT—the crypto private company. A Non-compulsory Feature On September 13th, 2019 QEDIT shared a paress released with Cointelegraph where it stated that the partnership it had developed with Kaleido […]
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Cryptocurrency Exchange OKEx Korea Removes Privacy Altcoins

According to an official announcement made by the South Korean branch of OKEx, the popular exchange will delist five privacy coins as early as October 10, 2019. Complications for Privacy Coins Trading of Monero (XMR), Dash (DASH), ZCash (ZEC), Horizen (ZEN) and Super Bitcoin (SBTC) on OKEx Korea will be suspended on October 10, 2019,Read MoreRead More. The post by Edoardo Vecchio appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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