Aeternity and NEM to be listed on Bithumb

NEM and Aeternity are currently among the most reliable and solid representatives of the crypto market: today these altcoins are to be listed on Bithumb
07 June 2018   967

Bithumb is the largest cryptocurrency exchange in Korea. It’s constantly ranked among the top 10 worldwide crypto exchanges in terms of trading volume. The exchange suggests the lowest commission rates in the world. Bithumb, at last count, was also responsible for about 50% of South Korea’s Ether trading. 

When major exchanges list smaller altcoins they commonly pump and dump that is what we can observe at the moment. Nem and  Aeternity are listed on Bithumb today which is causing it to pump by around 15% at the moment. Presently the best performing solid gainers one in the top 25 at the moment is Nem, with Aeternity at 27 also growing. 

Nem is mainly traded in Asia at the moment with Upbit in KRW leading the way at 25% of the total and Zaif in JPY taking 15%. The volume spike came about some hours ago when it jumped from $16 million to $33 million. Total market cap for XEM is currently $2.3 billion positioning it at 15th in the charts almost level with Tether.

NEM charts
NEM charts

Market capitalization for all cryptocurrencies is up marginally this morning by 1.2% to $348 billion, trade volume is unchanged at $15 billion. Over the past 7 days it has increased 7% from $325 billion this time last Thursday. There are a few other altcoins trading strongly this morning in Asia and they include Aeternity up 15%, Ontology up 8.5%, Zilliqa up 9.5% and Siacoin 8.6% higher on the day.

Aeternity charts
Aeternity charts

Aeternity Price at the moment of press: $3,74
Market cap: $871 174 997
Volume (24h): $38 581 200

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.