Today we saw Bitcoin reach a one month high before falling a little lower again. Most of the leading cryptocurrencies are in the red today except for Bitcoin Diamond. It really stands out today as it surged more than 200% over the past 24 hours. Bitcoin Diamond continues to climb up the ladder as it is in 21st place in terms of market cap.
Today cryptocurrency exchange Binance reopened deposits and withdrawals for Bitcoin Diamond. Bitcoin Diamond Foundation and Shopping Cart Elite recently launched the BCD Bazaar. Users can pay for any item using Bitcoin Diamond or Bitcoin. BCD Bazaar, has negotiated partnerships with eight distributors, which will add over 20,000 products to the platform. Today we saw Bitcoin Diamond climb all the way to around $3.70. In July we saw it surpass $5. Bitcoin Diamond can be traded on 25 exchanges including Gate, OKE, Indodax and Binance.
Now let’s take a quick look at what else is happening in the crypto world. The Philippines Securities and Exchange Commission is expected to publish new rules for cryptocurrency exchanges. The Securities Exchange Commission wants to step up its efforts to protect crypto fans by regulating exchanges as trading platforms.
Please remember this is news, not investment advice.
Sources:
https://twitter.com/bitcoindiamond_?lang=en
www.coinmarketcap.com
https://www.manilatimes.net/cryptocurrency-trading-rules-eyed/437546/
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