Insight Chain Market Cap Achieves $342.10 Million (INB)
Insight Chain (CURRENCY:INB) traded 0.1% lower against the U.S. dollar during the 24-hour period ending at 17:00 PM E.T. on July 25th. One Insight Chain coin can currently be bought for approximately $0.98 or 0.00010108 BTC on popular cryptocurrency exchanges including $5.60, $50.98, $13.77 and $51.55. Insight Chain has a total market capitalization of $342.10 million and $3.02 million worth of Insight Chain was traded on exchanges in the last 24 hours. In the last week, Insight Chain has traded up 11.1% against the U.S. dollar.
Here’s how related cryptocurrencies have performed in the last 24 hours:
About Insight Chain
INB is a coin. Insight Chain’s total supply is 10,000,000,000 coins and its circulating supply is 349,902,689 coins. Insight Chain’s official Twitter account is @InsightChain and its Facebook page is accessible here. The official website for Insight Chain is www.insightchain.io.
Insight Chain Coin Trading
Insight Chain can be bought or sold on the following cryptocurrency exchanges: $51.55, $32.15, $33.94, $24.43, $18.94, $5.60, $24.68, $10.39, $7.50, $50.98, $13.77 and $20.33. It is usually not possible to buy alternative cryptocurrencies such as Insight Chain directly using US dollars. Investors seeking to acquire Insight Chain should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Insight Chain using one of the aforementioned exchanges.
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Author: Sylvia Byrne
- Liquid Exchange Confirms Asset Delistings Due to Regulatory Requirements
- What is the exchange rate of USD (US Dollar) / CHF (Swiss franc) on Saturday July 25, 2020
- Visa, Mastercard come out in support of cryptocurrencies
- Burst (BURST) Trading 15.8% Higher This Week
- PayBito’s Exchange Affiliate Programs’ Lucrative Benefits for Enterprises
Liquid Exchange Confirms Asset Delistings Due to Regulatory Requirements
Japanese exchange Liquid recently unveiled a mass asset removal from its platform, which COO Seth Melamed claimed necessary for legal compliance.
“Liquid works closely with regulators in Japan and Singapore,” Melamed told Cointelegraph on July 25.
Referring to Anti-Money Laundering, or AML, and Combating the Financing of Terrorism, or CFT, regulations, he added:
“As part of risk management we have to take a conservative approach regarding maintaining listings in tokens that are potentially viewed by regulators as in conflict with rules around AML and CFT and the Funds Travel Rule.”
The exchange’s asset removal list includes privacy-focused coin Zcash (ZEC). A July 22 tweet from Zcash’s overseeing entity, the Electric Coin Company, tipped off the public on Liquid’s delisting of the asset, prior to an official statement from the exchange.
Liquid provided an official statement on the situation shortly after, citing plans to achieve Singapore’s regulatory approval as a crypto exchange operator. In light of its goals, the exchange decided to remove 27 assets from its platform, including Zcash, effective as of July 24. The statement, however, noted potential re-listing of assets at some point.
“Liquid is in the final stages of submitting our application to the Monetary Authority of Singapore, or MAS, for an exchange license under the Payment Services Act,” Melamed explained, noting difficult alterations the entity chose, spanning a number of categories, in pursuit of such regulatory approval.
Melamed described the situation as a tough grey area, adding:
“Liquid is working with the industry to provide a framework for adherence to regulations not always compatible with the innovative nature of blockchain-based assets. It’s never easy to be first, but we are committed to seeing this through.”
Liquid is one of many exchanges taking alternate routes in the face of regulation. Major exchange Binance banned U.S. customers in 2019, while many other exchanges see similar restrictions.
*Helen Partz contributed reporting to this story.
What is the exchange rate of USD (US Dollar) / CHF (Swiss franc) on Saturday July 25, 2020
Get the current mid-market rate for USD (US Dollar) / CHF (Swiss franc) for Saturday July 25, 2020 right here.
The latest rates for USD (US Dollar) / CHF (Swiss franc) are available below. As a leading finance news site the team at Born2Invest collates and analyses the latest forex market data to bring you live information to help you make the best forex trading decisions every day.
Saturday July 25, 2020 1 USD (US Dollar) is 0.920697 of CHF (Swiss franc) .
Remember to always trade using a reputable broker. It’s also possible to apply many forex concepts to cryptocurrency trading.
Forex trading is risky and complicated. There are countless pairs to choose from and it’s easy for a novice trader to become overwhelmed. Information is power and Born2Invest has curated some beginners forex trading tips to help you get started.
Currency pairs are the foundation of forex trading. Whenever you purchase one currency you sell another. Every pair has a base currency, in this example USD (US Dollar) and a quote currency, or CHF (Swiss franc).
A currency pair represents how much quote currency, or CHF (Swiss franc), that needs to be spent in order to purchase one unit of USD (US Dollar), the base currency. In the current example you would need to spend 0.920697 of CHF (Swiss franc) in order to purchase 1 USD (US Dollar).
Forex pairs fall into three categories; the majors, the commodity currencies, and the cross currencies:
Cryptocurrencies share many aspects with forex trading, namely the concept of currency pairs and high volatility but there are some key differences. Cryptocurrencies aren’t currencies persae, and are usually traded against Bitcoin, which takes the role of USD on many exchanges.
It is also difficult to trade cryptocurrency outside of exchanges and there is more security risk than trading with a registered broker. One way around this is to use a CFD broker which enable traders to purchase contractors for specific amounts of crypto, without directly owning it.
Visa, Mastercard come out in support of cryptocurrencies
“As such, we want to help shape and support the role they play in the future of money. We look forward to sharing more with you on this work in the months that follow,” the company wrote.
The company also noted that it already works with cryptocurrency firms like Coinbase and has an investment in Anchorage. Visa’s research team has apparently been “exploring the science of blockchain technology” for several years.
Visa isn’t the only company focusing on cryptocurrency though, Mastercard had also issued a statement supporting blockchain and cryptocurrency in financial services. Mastercard announced a programm this week to increase its base of crypto card partners.
Both companies have also registered patents in blockchain technology, with Mastercard leading with 80 patents against Visa’s 24. It’s unclear though whether the company’s plan to issue their own cryptocurrency. Experts say that it’s more likely that they will work with existing coins, especially stablecoins. Stablecoins are a class of cryptocurrency that are backed by reserve assets, which keeps them from being volatile, like Bitcoin.
It’s worth noting that both Visa and Mastercard were amongst the original partners for social media giant Facebook’s Libra cryptocurrency project. While both companies have pulled out from that project, it doesn’t seem like they’re ready to abandon cryptocurrencies just yet.
The covid-19 pandemic has also driven the use of cryptocurrencies worldwide, as part of a growth in digital payments in general. Coca Cola Amatil had earlier partnered with digital assets platform Centrapay to allow users to pay for coke using bitcoins via the Sylo Smart Wallet app. A survey by Indian agency Bit2Buzz last month had found that 75% of the country’s youth population holds and uses cryptocurrency on exchanges and neo banks. India’s leading cryptocurrency exchange, WazirX, had seen 400% and 270% month-on-month growth in trading volumes for March and April, respectively.
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Author: News Bureau
Burst (BURST) Trading 15.8% Higher This Week
Burst (CURRENCY:BURST) traded 6% higher against the U.S. dollar during the twenty-four hour period ending at 18:00 PM ET on July 25th. One Burst coin can currently be purchased for $0.0047 or 0.00000049 BTC on popular cryptocurrency exchanges. During the last week, Burst has traded up 15.8% against the U.S. dollar. Burst has a total market cap of $9.90 million and approximately $142,360.00 worth of Burst was traded on exchanges in the last day.
Burst (CRYPTO:BURST) is a PoC coin that uses the Shabal256 hashing algorithm. Its genesis date was June 12th, 2014. Burst’s total supply is 2,099,400,204 coins. Burst’s official website is www.burst-coin.org. Burst’s official Twitter account is @Burstcoin_dev and its Facebook page is accessible here. Burst’s official message board is burstforum.net. The Reddit community for Burst is /r/burstcoin and the currency’s Github account can be viewed here.
Burst Coin Trading
Burst can be purchased on the following cryptocurrency exchanges: . It is usually not presently possible to buy alternative cryptocurrencies such as Burst directly using US dollars. Investors seeking to trade Burst should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Burst using one of the aforementioned exchanges.
Receive News & Updates for Burst Daily – Enter your email address below to receive a concise daily summary of the latest news and updates for Burst and related cryptocurrencies with MarketBeat.com’s FREE CryptoBeat newsletter.
Author: Justin Carski
PayBito’s Exchange Affiliate Programs’ Lucrative Benefits for Enterprises
Leading cryptocurrency exchange PayBito bestows profitability through its exchange affiliate program allowing participant enterprises to gain immensely through an effective fee structure.
PALO ALTO, Calif., July 25, 2020 /PRNewswire-PRWeb/ — Known for its highly scalable exchange features and seamless trading experience, PayBito offers equally lucrative advantages to enterprises through its exchange affiliate program. It offers the affiliate program partner to flourish, leveraging the advanced features and order book options offered by PayBito. Being connected with major global exchanges enables order matching across exchanges, which increases the profitability of the affiliate program.
Given below is a brief on how the exchange affiliate program of PayBito works for participants:
Affiliates get the opportunity to earn 40 percent of the maker-taker fees that are being paid monthly. The maker-taker fee structure comes up to 0.2 percent each.
PayBito is a leading cryptocurrency asset trading platform operating globally. The platform is designed and managed by a team with rich experience in Banking security systems, Cryptocurrency trading, and Blockchain technology. It is available in the web version as well as in iOS and Android stores. PayBito services include white label cryptocurrency exchange, white-label payment gateway, exchange affiliate, and coin listing. PayBito offers some of the best rates and top-notch security in the crypto world.