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Ethereum Futures volume inches closer to May 2019 ATH

As the cryptocurrency market recovers from the drastic fall on 25 and 26 February, the Futures market has a novel story to tell. While on one hand, Bitcoin Futures are seeing reduced Open Interest, on the other hand, Ethereum Futures are reflecting new great momentum in its daily volume.
According to the data provider, Skew, Ethereum Futures’ Aggregated Daily Volume was recorded to be very close to its all-time high mark on 17 May 2019.
The aggregated daily volume on 17 May 2019 was reported to be $5.45 billion. Since then, while numerous platforms have evolved, the volume noted on 27 February 2020 was $5.20 billion.
The highest volume was reported by Huobi at $1.9 billion, followed by OKEx, an exchange that was noting a volume of $1.3 billion. Despite the rising volume, however, the Open Interest had been noting a dip since 25 February. The Open Interest remained highest on OKEx with $163.8 million, while BitMEX followed at $146.6 million, at press time.
During the period of loss on 26 February, the BitMEX ETHUSD – Coinbase ETH-USD Basis reflected an upward spike of 0.7%. This spike could be indicative of the buying pressure in the Ethereum market. The Ethereum market appeared to be in a recovery phase as the coin noted a growth of 3.76%. At press time, the world’s largest altcoin had pushed its price upwards towards $226.16.
As the price of the coin is close to its critical support of $229, it has been predicted that a dip under $229 could cause the coin to crash below the psychological $200 mark. This could mean that Ethereum could end up losing 30% of its profits in 2020. Despite many in the community hoping that Ethereum would bring the alt season to the market, its correlation with Bitcoin could change things for the future. 🌐https://btcbit.net 
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Ethereum Futures volume inches closer to May 2019 ATH As the cryptocurrency market recovers from the drastic fall on 25 and 26 February, the Futures market has a novel story to tell. While on one hand, Bitcoin Futures are seeing reduced Open Interest, on the other hand, Ethereum Futures are reflecting new great momentum in its daily volume. According to the data provider, Skew, Ethereum Futures’ Aggregated Daily Volume was recorded to be very close to its all-time high mark on 17 May 2019. The aggregated daily volume on 17 May 2019 was reported to be $5.45 billion. Since then, while numerous platforms have evolved, the volume noted on 27 February 2020 was $5.20 billion. The highest volume was reported by Huobi at $1.9 billion, followed by OKEx, an exchange that was noting a volume of $1.3 billion. Despite the rising volume, however, the Open Interest had been noting a dip since 25 February. The Open Interest remained highest on OKEx with $163.8 million, while BitMEX followed at $146.6 million, at press time. During the period of loss on 26 February, the BitMEX ETHUSD – Coinbase ETH-USD Basis reflected an upward spike of 0.7%. This spike could be indicative of the buying pressure in the Ethereum market. The Ethereum market appeared to be in a recovery phase as the coin noted a growth of 3.76%. At press time, the world’s largest altcoin had pushed its price upwards towards $226.16. As the price of the coin is close to its critical support of $229, it has been predicted that a dip under $229 could cause the coin to crash below the psychological $200 mark. This could mean that Ethereum could end up losing 30% of its profits in 2020. Despite many in the community hoping that Ethereum would bring the alt season to the market, its correlation with Bitcoin could change things for the future. 🌐https://btcbit.net #btcbit #bitcoin #Litecoin #Ethereum #Ripple #crypto #cryptocurrency #blockchain #trading #cryptoworld #fintech #ico #tokens #airdrop #cash #exchange #currency #bitcoinprice #technology #биткоин #криптовалюта #криптоденьги #крипта - 45 seconds ago

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🔗Moody’s Gives Thumbs Up to UAE’s Know Your Customer Blockchain Platform🔗
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Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders.
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According to a report by local media outlet The National, the ratings agency has said that the platform will improve asset quality and boost profits.
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A consortium of six banks, holding nearly 45% of total banking assets in the UAE, was formed this month to share verified customer data using blockchain technology.
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According to Moody’s, the new KYC platform will improve compliance with local and international regulations, while keeping customer data secure. Moody’s said:
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🗣“We expect the KYC blockchain consortium to support the asset quality of UAE banks primarily by reducing operational risk. The platform will facilitate faster and more secure onboarding, and exchange of authenticated and validated digital customer data and documents through distributed technologies powered by blockchain.”

🔗Moody’s Gives Thumbs Up to UAE’s Know Your Customer Blockchain Platform🔗 ⠀ Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders. ⠀ According to a report by local media outlet The National, the ratings agency has said that the platform will improve asset quality and boost profits. ⠀ A consortium of six banks, holding nearly 45% of total banking assets in the UAE, was formed this month to share verified customer data using blockchain technology. ⠀ According to Moody’s, the new KYC platform will improve compliance with local and international regulations, while keeping customer data secure. Moody’s said: ⠀ 🗣“We expect the KYC blockchain consortium to support the asset quality of UAE banks primarily by reducing operational risk. The platform will facilitate faster and more secure onboarding, and exchange of authenticated and validated digital customer data and documents through distributed technologies powered by blockchain.” - 57 minutes ago

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Rendimientos 27.02.20

Ayer fin un día donde los activos globales tuvieron una fuerte baja, provocando así una pérdida grande capital a esos inversores.

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INFO 👇

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⚠️ ATENCIÓN EMPRENDEDORES⚠️ Mind Capital ofrece un negocio que empodera a sus participantes, proveyendo una plataforma segura y sostenible en el tiempo, lo cual permite la planificación a largo plazo y facilita la toma de decisiones. Mind Capital不仅仅为参与者提供一个可实现业务增长、收入增加的平台,它也从参与者长远发展的角度,为他们提供一个实现个人稳健成长、能力不断提升的平台。 Mind Capital offers a business that empowers its participants, providing a secure and sustainable platform over time, which allows for long-term planning and facilitates decision making. Mind Capital offre un affare che da’ potere ai suoi participanti, assicurando una piattaforma sicura e sostenibile nel tempo, la qual cosa permette la pianificazione a lungo termine e rende facile il processo decisionale. Mind Capital предлагает бизнес, который расширяет возможности его участников, предоставляя безопасную и устойчивую платформу, которая обеспечивает долгосрочное планирование и облегчает принятие решений. INFO 👇 #negocios #negociosonline #emprendedores #emprendimiento #empresas #business #cryptonews #cryptotrading #bitcoin #bitcointrading #blockchaing #bitcoinexchange #cryptocurrency #cryptoworld #forex #money #ingresospasivos #libertadfinanciera #libertad #crecimiento #bitcoincash #bitcoinmining #bitcoinprice #bitcoins - 3 hours ago

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