Bittrex Delists Markets

Bittrex announced that it will remove several markets from the platform on March 9, 2018
09 March 2018   902

Bittrex is a U.S. blockchain platform providing real-time trading and security. Bittrex aims to have such features as secure platform, custom built trading engine, fast deposits and withdrawals, complete and easy REST API. 

In the end of February Bittrex announced that it will remove several markets from the platform. The following markets will be removed on March 9th, 2018:

  • BTC-AGRS
  • BTC-MAID
  • BTC-1ST
  • ETH-1ST

Bitcoin Markets on BittrexBitcoin Markets on Bittrex

Once in a while Bittrex cryptocurrency exchange removes markets which are unpopular among the users. For instance, BTC-INFX was removed from the exchange on March 2, 2018. Moreover, BTC-FUN, ETH-FUN and BTC-RISE markets were also delisted from the exchange.

At the time of press, the market capitalization of Bittrex is $360 256 263, and the most popular coins trading on the platform are Bitcoin, Ripple, Cardano, Ethereum and Ethereum Classic.

Gemini & Partners to Launch Virtual Commodity Association

Association is created to develop standards for the industry, promote transparency in the market and cooperate with regulators, including the CFTC
20 August 2018   315

Several major exchanges decided to create a new structure designed to eradicate manipulation in the digital assets market, Bloomberg reports.

The Virtual Commodity Association was formed by the founders of the exchange Gemini Cameron and Tyler Winklewoss. According to a statement released on Monday, the group also included Bitstamp, BitFlyer USA and Bittrex. Representatives of four trading platforms will meet in September to consolidate the provisions for the future functioning of the organization.

The Virtual Goods Association will develop standards for the industry, promote transparency in the market and cooperate with regulators, including the Commodity Futures Trading Commission of the United States (CFTC), in order to prevent manipulation of Bitcoin, Ethereum and other currencies.

As the temporary executive director of the organization, Maria Filipakis, who worked in the Financial Services Department of New York, was appointed, where she took part in the creation of a BitLicense.

Earlier, the Winklewoss brothers tried to launch their own ETF, tied to bitcoin, but the US Securities and Exchange Commission denied them twice, as the reasons for its decision, among other things, calling for the absence of adequate measures to prevent cryptocurrency market manipulations.