Top stories in the Crypto Roundup:
- Binance acquires cryptocurrency derivatives exchange JEX.
- Leading Thai cryptocurrency exchange abruptly shuts down.
- ECB executive board member warns of Facebook’s Libra’s “siren call.”
For the first time since August 28, BTC/USD is trading above $10,000. The return to a five-figure total took place in the early evening yesterday (UTC), with the leading trading pair continuing to rise overnight to a local top of nearly $10,500. The jump saw BTC/USD return north of both the 100-day moving average (MA) and the 50-day exponential moving average (EMA); two bullish events, to be sure.
At the time of writing, bitcoin (BTC) is trading at $10,419.0 (+6.49%) with daily trusted volumes of $1.88 bn. As for ether (ETH) it is trading at $178.6 (+4.25%) with daily trusted volumes of $280.82 mn. The MVIS CryptoCompare Digital Assets 10 Index is currently tracking at 3,212.4 (+3.14%).