Interest in Bitcoin Futures is Growing Rapidly

Chicago Mercantile Exchange (CME) has become the largest Bitcoin futures exchange with open contracts as corporations continue to buy Bitcoin. Data from the crypto data analytics site Skew shows that the highest volume was recorded for Bitcoin futures contracts on December 28.

First Regulated Japanese Yen Stablecoin Approved in New York

The New York State Department of Financial Services authorized the Japanese giant GMO Internet to issue stable coins pegged to the US dollar and the Japanese yen under the New York Banking Act. The Japanese Yen stable coin will be the first of its kind publicly available.

XRP Boosted 35% in 45 Minutes

XRP dropped strongly as Coinbase dropped XRP from the list. Then it increased by 35% in the 45-minute period. Experts say this is a bit of a jam. According to the data obtained, the XRP futures contract of $ 96 million has been liquidated in the last 12 hours.

Cryptocurrency Exchange Bittrex Also Left XRP Out Of List

Bittrex, one of the leading US-based cryptocurrency exchanges, announced that, following the lawsuit between Ripple and SEC, it will not be able to trade with XRP as of January 15. The latest data show that Bittrex is trading approximately $ 130 million a day.

Grayscale Buys 10 Times The Amount Of Bitcoin Is Mined In One Day

Grayscale's recent bitcoin purchases correspond to 10 times the amount of Bitcoins mined on a daily basis. Grayscale's BTC purchase on December 24 was 9,603, exactly 10.6 times that of the mined. This situation points to a "liquidity crisis" by many experts.

Ministry of Commerce Seeks Blockchain Expert

After the CBRT announced the digital money project, another step came from the Ministry of Commerce. In the statement made on the official Twitter account of the Ministry, the statement "Searching for the stars of the blockchain" took place.

SEC Investigates Other Projects

Stating that Coinbase will remove XRP from the list a few days ago, investor Cochran stated in his last statement that the SEC is more active than thought and that it is in the research phase of other projects and companies.

Goods and Services Tax Proposal from India to Bitcoin

According to reports, India's Central Government, which ranks second as the country with the most Bitcoin trading in Asia, is evaluating the proposal to apply a Goods and Services Tax on Bitcoin. According to the draft, Bitcoin will be evaluated as an "intangible" asset, and a Goods and Service tax will be applied to all transactions.