πŸš€ "Criminals use it" is a Testament to good Technology πŸ’ͺ

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    πŸš€ "Criminals use it" is a Testament to good Technology πŸ’ͺ



    "I did not endorse this scam!" says Filipino Billionaire, as scammers amps up tactics.
     πŸ”₯ Bitcoin Stole the show in 2019 πŸ”₯

    In terms of market capitalization dominance amongst top 30 cryptocurrencies, only Bitcoin (BTC) and Tether (USDT) strengthened their positions. Bitcoin's dominance increased from 56.3% to 71.5% (+15.2%), while Tether increased from 1.85% to 2.35% (+0.5%). Most other cryptocurrencies saw a reduction in their market capitalization dominance in 2019.

    What else happened in 2019, what will happen in crypto for 2020? See more in our latest 2019 Full-Year Report, only on CoinGecko!

    Get the free copy here.
    πŸ’Ό Crypto derivatives market saw its busiest trading day of 2020 on Tuesday

    The crypto derivatives market saw its busiest trading day on Tuesday.

    For Bitcoin futures contracts, roughly $25 billion traded hands during the single day, making Jan. 14 the busiest session since Oct. 26.

    Meanwhile, BTC price has been on an upward strike, increasing by 7% over the past 7 days.

    Want to see what's happening live in the derivatives market? We got you covered! Check out CoinGecko's Derivatives Page for the latest data.

    πŸ‘› Chainalysis traced $2.8 billion in bitcoin deposits to exchange that is tied to criminal activity

    Blockchain analytics firm Chainalysis said Wednesday that it traced $2.8 billion in Bitcoin being sent by criminals to crypto exchanges in 2019.

    The bulk of those transactions goes to Binance and Huobi.

    Chainalysis claimed that the deposits likely occured on the exchanges' OTC desk, which may have lower KYC requirements than typical deposits.

    Binance Chief Compliance Officer Samuel Lim said that the exchange "is committed to cleaning up financial crime in crypto and improving the health of our industry."

    πŸ’± Malaysia look to Legalize IEOs in latest regulatory guide

    Malaysia's regulator has published a regulatory guide requiring token offerings in the country be attached to crypto exchanges approved by the Securities Commision (SC).

    Issuers of the IEO must meet a minimum paid-up capital of 500,000 ringgit ($122,700).

    The SC report mandates that any business dealings must somehow offer value to Malaysia, such as addressing market needs and problems or streamlining processes and services.

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