Crypto Roundup – Cryptopia to Reopen & Uber Co-Founder’s Crypto Firm Trading on Canadian Stock Exchange

  • Nine coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.28% to 3.74%
  • Cryptopia: Authorities allow hacked Exchange to reopen, but It's still down
  • Uber Co-Founder's crypto brokerage firm now publicly trading on Canadian stock Exchange

MVIS CryptoCompare Top 100 IndexThe MVIS CryptoCompare Top 100 Index has raised 0.10% in the last 24 hours to 1,221.67

Nine coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.28% to 3.74%. Cryptopia: Authorities allow hacked Exchange to reopen, but It's still down. Uber Co-Founder's crypto brokerage firm now publicly trading on Canadian stock Exchange.

Top 10

CryptoCompare Top 10 Coins

Nine coins from the top 10 coins by 24-hour volume posted negative changes, ranging from 0.28% to 3.74%. ZCash ($52.57) showed a loss of 3.04%, followed by Dash ($81.27) and QTUM ($1.92) that posted a negative changes of around 2.08%. XRP ($0.30) and Ethereum CLassic ($4.13) represented negative changes of 0.62% and 0.48%, respectively, while BitTorrent ($0.0009) showed a gain of 3.85%.

BTC

Bitcoin BTC/USD CryptoCompare Chart

At the time of writing, the Bitcoin price is sitting at $3,605 representing a loss of 0.38% in the last 24 hours. More than 135 Mln worth of BTC were exchanged in the BTC/USD market representing a 13.01% share of the global daily volume. The BTC/USDT pair represents a 66.80% share.

ETH

Ethereum ETH/USD CryptoCompare Chart

The Ethereum price posted a negative change of 1.43% over the past 24 hours and is currently sitting at $122, with over $55 Mln worth of Ether exchanged in the past 24 hours on the ETH/USD pair, which has a 6.9% market share of the daily trading volume. The ETH/USDT pair represents a 45.27% share.

EOS

EOS EOS/USD CryptoCompare Chart

The EOS price is sitting at $2.83 representing a negative change of 5.67% in the last 24 hours. More than $15 Mln worth of EOS were exchanged in the EOS/USD market representing a 2.49% share of global daily volume. The EOS/ETH pair represents a 35.03% share.

LTC

Litecoin LTC/USD CryptoCompare Chart

The LTC price has raised 0.48% over the past 24 hours and is currently sitting at $43, with more than $20 Mln worth of LTC exchanged in the past 24 hours on the LTC/USD pair, which has a 6.05% market share of the global daily trading volume. The biggest LTC pair is the LTC/USDT pair, that represents a 48.34% share.

Top Cryptocurrency Coin Mixer Seized; Grayscale Investments 'Big News' Today; More Records for CME's Bitcoin Futures

Major crypto headlines from the past 24 hours: European authorities enforce a world-first seizure of a leading cryptocurrency coin mixer; New York-headquartered Grayscale Investment set to drop "big news" today; and the all-time highs continue for CME Group's bitcoin futures contracts.

The cryptocurrency market has endured some significant selling over the past day. At the time of writing, bitcoin (BTC) and ether (ETH) are trading at $7,588.2 and $234.5; a 4.3% and 8.6% decline over the past 24 hours, respectively. As for the MVIS CryptoCompare Digital Assets 10 Index, it is currently tracking at 3,594.3 (-2.2%).

‘First Law Enforcement Action of its Kind’ Sees Top Crypto Coin Mixer Shutdown

The Dutch Financial Criminal Investigative Service (FIOD) – with the assistance of Europol and Luxembourg authorities – announced the seizure and closure of one of the three largest cryptocurrency mixer services in the world, Bestmixer.io.

This marked the “first law enforcement action of its kind against” a cryptocurrency mixer service, according to a press release from Europol. “A cryptocurrency tumbler or cryptocurrency mixing service is a service offered to mix potentially identifiable or ‘tainted’ cryptocurrency funds with others, so as to obscure the trail back to the fund’s original source,” the statement explained.

Despite the apparent victory for law enforcement, “authorities will come to regret the chain reaction that they are starting here,” according to Cornell associate professor of computer science, Emin Gün Sirer. Explaining his rational, Sirer tweeted “this kind of shutdown creates selective pressure for tumblers that cannot be shutdown. And we know, from the research world, that it’s possible to build much better ones.”

CEO of Cryptoasset Investment Giant Teases ‘Big News’ Today

Grayscale Investments – one of the world’s leading cryptoasset management firms – will be dropping some “big news” at 13:00 (UTC), its founder and chief executive Barry Silbert teased on Twitter.

Grayscale - a Digital Currency Group subsidiary - has been noticeably active on the publicity front in recent times. On May 1, it launched the largest mass media campaign the industry has ever seen and, in the time since, Silbert has been doing the rounds on the media circuit, appearing for interviews on the likes of Bloomberg, FOX Business, and Yahoo Finance.

Records Continue for CME Group’s Bitcoin Futures

CME Group – a world-leading derivatives marketplaces that also offers bitcoin futures contracts – revealed “May is shaping up to be the strongest month ever for CME Bitcoin Futures” in a client email sent on Tuesday.

According to the Chicago-based CME Group, they facilitated the trading of a staggering 33,677 bitcoin futures contracts on May 13; a new daily record. In U.S. dollar terms, this roughly equates to $1.3 billion. The firm also told clients the number of accounts trading its bitcoin futures contracts has risen to over 2,500 – also a new record high.