Kraken Exchange Has Acquired Circle’s OTC Desk – December 19

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,141

Bitcoin price leaped $1,000 today in an apparent short-squeeze, before settling back into the low $7,000 range.

Top-20 altcoins also rallied in USD value, as Ethereum climbed 3%, and XRP 2%. EOS and Cosmos both jumped a 8% each, leading all major gainers.

Top Stories for December 19, 2019 🔥

👉 Kraken Exchange Has Acquired Circle’s OTC Desk

Prominent cryptocurrency exchange Kraken has purchased Circle’s OTC trading desk, calling it “one of the most recognized OTC desks in crypto”.

Kraken has highlighted that the acquisition will provide new trading partners in Asia, better liquidity, and improved tools for traders.

👉 EY Releases Smart Contract Review Service for Public Testing

Big-four accounting firm Ernst & Young has launched a public beta version of their token and smart contract review service, to be tested by the public.

The service is able to review ERC20 smart contracts written in Solidity, with no comment yet on expansion to other protocols or token standards.

👉 $105M of Ether Moved by PlusToken “Scammers”

A huge transaction of almost 790,000 Ether was shifted today, from a wallet associated with the PlusToken “scam” to an unknown wallet.

It is unclear what the intentions are of those in possession of the coins, however there are several concerns about potential long-term effects on the wider cryptocurrency markets.