Good morning Bitcoin: Biggest derivatives exchange in sight of regulators in the US


The current price for one Bitcoin (BTC) is currently $10,466.12. That’s -3.85% more than 24 hours ago.

If you now want to buy Bitcoin Evolution for $100 you will get about 0.0096 BTC for this.

The total market cap is $193,682,280,315.16 with a circulation of 18,505,643 BTC.

Also take a look at our Telegram channel and talk about the news!
BitMEX with $2 billion of Bitcoin sued in cash by watchdog US

Bitcoin derivatives exchange BitMEX has been sued by the U.S. Commodity Futures Trading Commission (CFTC). The complaint is clear: according to the CFTC, BitMEX operates without the proper papers and licenses.

Also, the exchange does not comply with the anti-money laundering guidelines of America. The ecosystem around bitcoin is increasingly being squeezed into a straitjacket of (international) rules. This has consequences for the market and the players in the industry.
Cambridge research: ‚76% of Bitcoin miners use green electricity‘.

76% of Bitcoin miners worldwide use renewable energy. According to a study by the University of Cambridge. They combined the results of two online surveys among 280 organizations.

The researchers also included other cryptocurrencies that use the proof-of-work (PoW) mechanism.

PoW is a mechanism to confirm transactions and to produce blocks for the blockchain. Bitcoin is the best known variant. Miners compete through computing power to find blocks.
Buy 1000 euros of Bitcoin without commission? Get started with Bitvavo
Bitcoin price falls 7% in September, sharpest correction since March

September is historically not the best month for Bitcoin and 2020 is no exception. The month ended with a minus of 7% on the Bitcoin Price Index. It’s the sharpest correction since March, when the price plunged to $3,850 due to panic on all global markets.

At the time, investors were fleeing en masse to cash. As a result, all assets on the board (equities, gold and bitcoin) lost more than 25% against the dollar.

Logically, the dollar price recovered last month, as a second wave of the Corona virus reappeared in the US and Europe. The so-called Dollar Index (DXY) rose 1.8% in September, the first increase since March.
Stay tuned