Monero price reaches $96 as added to Bithumb

Monero price reaches all-time high $97 as being added to Bithumb
23 August 2017   2602

Monero cryptocurrency price reaches a new record rising to $96.09 right after Bithumb, the world’s most-used cryptocurrency exchange, has announced that it would soon add Monero trading pairs to the platform.

Monero price chart on coinmarketcap.com Monero price chart on coinmarketcap.com

Thus, on August 23th, the Bithumb exchange will begin accepting Monero deposits, and they will hold a special trading promotion through August 27th.

Bithumb to add XMR TokensBithumb to add XMR Tokens
image credit: cryptocoinsnews.com

 

Notably, getting listed on Bithumb is a significant milestone for Monero as well as for any coin. Just have a look at Bitcoin Cash which price exceeded $900 during the past week.

Bithumb on the list on coinhills.com Bithumb on the list on coinhills.com

Thus, Bithumb has a daily volume of more than $1.15 billion which is $500 million greater than 2nd-ranked Poloniex.

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions
18 July 2018   9

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.
 

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.