Cryptocurrency Live Transactions
Market Update – Cryptocurrency Live Transactions
At the time of writing, the Bitcoin price is crumbling Down to a low of $6363.02 from $6,702 previously representing a Loss of about –5.66% in the last 24 hours. $400 M worth of BTC were exchanged in the BTC/USD market The BTC/JPY pair represents a 65.7% share.
Ethereum on the other hand price has dropped to -9.07% over the past 24 hours and is currently sitting 487.695 from $518.8850 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 23.3% market share of the daily trading volume.
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Payments Firm Square Receives BitLicense from New York
Yesterday, payment firm Square received a BitLicense from New York State’s Department of Financial Services (DFS). According to DFS, New York residents are now allowed to use the Bitcoin trading feature of the company’s payment app “Cash”, as stated:
“DFS is pleased to approve Square’s application and welcomes them to New York’s expanding and well-regulated virtual currency market… DFS continues to work in support of a vibrant and competitive virtual currency market that connects and empowers New Yorkers in a global marketplace while ensuring strong state-regulatory oversight is in place.
JPMorgan Fined $65 Million for Manipulating US Dollar Benchmark
Yesterday, the Commodity Futures Trading Commision (CFTC) sued JPMorgan Chase Bank with a $65 million fine for allegedly attempting to manipulate the value of a US Dollar benchmark index. In accordance with CFTC, JPMorgan traders repeatedly attempted to manipulate the USD Dollar Internation Swaps and Derivatives Association Fix by knowingly publishing false rates and also by adjusting the index immediately before to its daily reference point snapshot, over a five-year period from 2007 to 2012. CFTC’s director of enforcement, James McDonald, stated:
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