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Coinbase Pro Raised Prices to Increase Liquidity

Coinbase Pro Likiditeyi Arttırmak İçin Fiyatları Yükseltti!

Coinbase, a large United States-based crypto money exchange, announced a new market structure in a blog post published on March 15 for the professional trading platform Coinbase Pro.

In order to increase the liquidity, the announcement made to announce the changes made aims to increase the price and provide more smooth price movements. The changes include a new fee structure designed to increase liquidity, increase the maximum number of orders, increase the liquidity and close the wrong market orders.

Coinbase Pro Likiditeyi Arttırmak İçin Fiyatları Yükseltti!

Coinbase Pro Raised Prices to Increase Liquidity

According to the announcement, Coinbase Pro and Coinbase Prime - the firm's corporate trading platform - will cut back on-market transaction order support. The announcement also states that all stop orders must now be presented as limit orders and include a limit price. explains.

On the other hand, market protection points to be introduced to both Coinbase Prime and Coinbase Pro users will be up to 10 percent for all market orders. The statement explains that market orders moving at more than 10 percent will stop running and bring a partial fill.

Finally, the article warns that the platform will be offline on the PDT until March 6, from 6:00 to 6:30.

Coinbase Pro Liquidity Change

The changes were met with some skepticism and negativity from the crypto community on social media. Economist and trader Alex Krüger on Twitter

“Coinbase Pro raises charges by 33% for smaller customers while lowering fees for larger customers, Pro he complained.

Same user also “In a rational world, most Coinbase users are now going to be funded“ told.

In the same Twitter article, Krüger also questioned Coinbase's decision to deactivate the stop market orders, and suggested that stop-limit orders could sometimes not be executed due to a shift, but as a temporary solution to limit limits. Nevertheless, Krüger also admitted that these changes should lead to an increase in liquidity and trade activity.

Another crypto trader on Twitter, apparently of the new wage structure cryptocurrency to target new users in the domain:

A It is not known why he moves randomly to raise all fees, but does Coinbase presumably predict a new bull run? “

Coinbase Pro, for subcoin Stellar Lumens (XLM) they support also touched.

Source: Cointelegraph

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

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