Central Bank Governor: South Africa’s Digital Currency Study Ongoing

South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at the SARB’s annual general meeting, governor Kganyago suggested his organization has embarked on this study to keep abreast with the growing trend of central banks […]

Kraken Daily Market Report for July 30 2021

Overview


  • Total spot trading volume at $996.8 million, the 30-day average is $763.3 million.
  • Total futures notional at $446.7 million.
  • The top five traded coins were, respectively, Bitcoin (+5.6%), Ethereum (+3.4%), Tether (0%), USDC (0%), and Flow (+32%).
  • Strong returns from Flow (+32%), Link (+15%), and Livepeer (+18.8%).

July 30, 2021 
 $996.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
BTC 
$42229. 
↑5.6% 
$406.8M
ETH 
$2463.8 
↑3.4% 
$200.3M
USDT 
$1.0005 
↑0.02% 
$175.9M
USDC 
$0.9999 
↓0.01% 
$46.3M
FLOW 
$23.881 
↑32% 
$34.8M
LINK 
$22.277 
↑15% 
$28.5M
DOT 
$15.806 
↑3.6% 
$27.9M
XRP 
$0.7528 
↑0.4% 
$25.2M
ADA 
$1.3103 
↑1.9% 
$23.3M
DOGE 
$0.2088 
↑1.9% 
$19.1M
LTC 
$145.79 
↑3.1% 
$7.97M
MATIC 
$1.0691 
↑4.1% 
$6.58M
BCH 
$552.79 
↑2.6% 
$5.7M
SC 
$0.0140 
↑4.2% 
$4.61M
SOL 
$32.42 
↑3.6% 
$4.53M
XMR 
$242.0 
↑0.13% 
$3.79M
ETC 
$50.896 
↑2.6% 
$3.76M
XLM 
$0.2796 
↑2.6% 
$3.63M
SNX 
$9.629 
↓3.9% 
$2.77M
KSM 
$194.83 
↑2.3% 
$2.72M
UNI 
$20.965 
↑7.0% 
$2.66M
EOS 
$4.0683 
↑2.3% 
$2.62M
AAVE 
$321.56 
↑2.7% 
$2.51M
FIL 
$51.277 
↑3.9% 
$2.35M
DAI 
$1.0010 
↑0.02% 
$2.19M
ATOM 
$12.132 
↑2.9% 
$1.84M
KAVA 
$5.2927 
↑0.4% 
$1.82M
ZEC 
$109.86 
↑1.5% 
$1.61M
XTZ 
$2.9691 
↑3.6% 
$1.57M
ALGO 
$0.8535 
↑0.8% 
$1.55M
WAVES 
$16.278 
↑3.9% 
$1.51M
KEEP 
$0.2769 
↑5.8% 
$1.5M
ICX 
$0.9884 
↑7.2% 
$1.42M
NANO 
$4.3877 
↑0.8% 
$1.21M
PAXG 
$1822.7 
↓0.8% 
$1.15M
TRX 
$0.0632 
↑2.2% 
$1.15M
COMP 
$404.69 
↑1.4% 
$1.15M
AXS 
$43.222 
↓3.6% 
$1.13M
PERP 
$14.698 
↑6.3% 
$1.06M
GRT 
$0.5948 
↑2.8% 
$1.05M
MANA 
$0.7198 
↑1.7% 
$1.03M
MINA 
$1.49 
↑8.8% 
$1.01M
MLN 
$78.0 
↑6.8% 
$987K
QTUM 
$7.2191 
↑4.9% 
$969K
DASH 
$165.42 
↑0.4% 
$894K
KAR 
$6.45 
↑22% 
$874K
OMG 
$4.2364 
↑3.0% 
$708K
SUSHI 
$8.4946 
↑3.7% 
$653K
YFI 
$31470. 
↑1.8% 
$639K
LPT 
$18.8 
↑17% 
$639K
STORJ 
$1.0178 
↑1.8% 
$594K
OCEAN 
$0.4643 
↑2.5% 
$560K
ENJ 
$1.44 
↑3.2% 
$559K
BAT 
$0.6153 
↑2.8% 
$536K
GNO 
$180.53 
↓0.6% 
$511K
CRV 
$1.7 
↑6.1% 
$501K
LSK 
$2.9470 
↑2.3% 
$501K
SRM 
$3.889 
↑9.6% 
$479K
CHZ 
$0.2644 
↑3.9% 
$446K
KNC 
$1.5723 
↑3.0% 
$419K
SAND 
$0.6586 
↑0.5% 
$418K
OXT 
$0.2880 
↑1.3% 
$345K
GHST 
$1.6769 
↑0.9% 
$328K
MKR 
$2915.0 
↓0.16% 
$301K
REPV2 
$26.204 
↓0.6% 
$262K
EWT 
$6.754 
↑4.5% 
$231K
BAL 
$20.74 
↑2.1% 
$231K
RARI 
$11.176 
↑7.7% 
$225K
ANT 
$4.0022 
↓0.03% 
$222K
CQT 
$0.392 
↑11% 
$213K
REN 
$0.4178 
↑8.9% 
$209K
REP 
$26.955 
↑1.2% 
$188K
OGN 
$0.7907 
↑1.2% 
$130K
ZRX 
$0.7809 
↑4.1% 
$93.1K
ANKR 
$0.0843 
↓0.21% 
$80.2K
BNT 
$3.48 
↑5.2% 
$42.1K
TBTC 
$42083. 
↑2.6% 
$30.6K

The post Kraken Daily Market Report for July 30 2021 appeared first on Kraken Blog.

Massive Rewards Up For Grabs In The Phemex Olympics Trading Competition

Cryptocurrency exchange Phemex has announced it is hosting an Olympics competition for traders. The competition will give traders a chance to earn rewards based on their trading volume and return on investments (ROI). The competition is scheduled to start at the end of July on the 30th. Kick-off time has been placed at 8 AM UTC. The Olympics will run for two weeks until August 13th at 8 AM UTC. Check the Phemex Olympics website to register and monitor your progress. Phemex has decided to take a page from the playbook of the Tokyo Olympics, which was recently kicked off. They’re giving their own “players” a chance to win prizes in their own sport of crypto trading. Traders will be ranked according to their trading volume and speed of achieving a certain ROI. Participants in the competition only need to sign up for Phemex and meet the requirements for enrollment. Phemex Olympics Trading Competition Rewards The Phemex competition is divided into two categories. Based on which requirements they meet, users can participate in one or both categories of the Phemex Olympics. These categories include weightlifting, ranked by highest trading volume at the end of the event, and sprinting, based on who can reach 500% ROI the fastest. Weightlifting competitors will be rewarded based on the following table: Prize/Participants <250 250-500 >500 Rank 1 10,000 USD 12,500 USD 20,000 USD Rank 2 5,000 USD 7,500 USD 10,000 USD Rank 3 3,000 USD 4,000 USD 5,000 USD Rank 4-6 1,000 USD 2,000 USD 3,000 USD Rank 7-10 500 USD 1,000 USD 1,000 USD Total 23,000 USD 34,000 USD 48,000 USD Sprinting competitors will be rewarded based on the following table: Prize/Participants <1000 1000 1500 2000 2500 >3000 Rank 1 2,000 USD 4,000 USD 6,000 USD 8,000 USD 10,000 USD 20,000 USD Rank 2 1,500 USD 2,000 USD 3,000 USD 4,000 USD 5,000 USD 8,000 USD Rank 3 1,000 USD 1,500 USD 2,000 USD 2,500 USD 3,000 USD 6,000 USD Rank 4-10 500 USD 600 USD 700 USD 800 USD 900 USD 1,500 USD Total 8,000 USD 11,700 USD 15,900 USD 20,100 USD 24,300 USD 44,500 USD Competitors will be subject to different rules and requirements for each category. For a full list of rules, please review the official Phemex Olympics announcement. Phemex Terms And Conditions Calculations for ROI will be done on Individual PNL. This includes the initial balance on the trading account, the number of deposits to the account during the competition, commissions earned for the duration of the competition, and the bonuses received on the account during the competition. Users can participate in both categories but are only allowed to use main accounts. Sub-accounts are not allowed in the competition. Also, batch account registrations, profits from market manipulation, and using APIs in the Weightlifting category will result in immediate disqualification. APIs are only allowed in the Sprinting category. Rewards will be distributed 15 days after the competition ends. Amounts of bitcoin awarded to participants are subject to the OTC settlement exchange rate on the day they are paid out. Phemex reserves the right to adjust the converted prices and the right to make final and binding amendments to the rules. Phemex will display participants’ current trading volume ROI on the Phemex Olympics landing page. This page will be refreshed every 10 minutes to show the current progression of each participant.