Site map
العربية Azərbaycan Български 中文 Čeština English Français ქართული Deutsch Magyar हिन्दी Bahasa Indonesia ایرانی Italiano 日本語 한국어 Lietuvių Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Türkçe Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex Bonuses

InstaForex Bonuses
Make a deposit
Money withdrawal
pay icon

Cryptocurrency prices have rebounded after the fears of a severe crackdown by South Korean authorities waned as comment's from the country's finance minister suggested that the proposal to ban digital currency exchanges need more consultations and would take lot of time to materialize. Meanwhile, a deal between the blockchain-based payment processing network Ripple and MoneyGram propped up the price of former's native currency Ripple or XRP.

Here is a wrap up of the main news from the crypto market in the last 24 hours.

1. South Korea Seeks To Calm Crypto Crackdown Concerns

South Korea's finance minister on Friday sought to calm the cryptocurrency market after an announcement a day ago that the country's justice ministry was planning a ban on crypto exchanges, sending prices of digital currencies such as Bitcoin sharply lower. "The issue of shutting down exchanges, told by the justice minister yesterday, is a proposal by the justice ministry and it needs consultations among ministries," Finance Minister Kim Dong-yeon said, the South Korean news agency Yonhap reported Friday. Justice Minister Park Sang-ki had said on Thursday that his ministry was preparing legislation that bans any transactions based on virtual currencies via exchanges due to grave concerns regarding the excessive exuberance in the cryptocurrency market.

2. Ripple, MoneyGram Tie-up Sends XRP Soaring

US money transfer giant MoneyGram struck a deal with the blockchain-based payment settlement company Ripple to pilot the latter's native currency XRP in MoneyGram payment flows. The price of XRP, popularly known as Ripple, surged as much as 15 percent on the news on Thursday, when most major currencies were down due to fears of a severe crackdown by South Korean authorities. Ripple is the third largest cryptocurrency in terms of market capitalization, according to CoinMarketCap data. For a brief time in December, XRP had overtaken Ethereum to be the second largest cryptocurrency after Bitcoin. As of 6.10 am ET on Friday, XRP was up 17.94 percent at $2.07 with a market cap of $80.06 billion on CoinMarketCap.

3. KFC Canada To Accept Bitcoin For Limited Offer Product

You can now buy Kentucky Fried Chicken in Canada by paying in Bitcoin. The limited time "Bitcoin Bucket" launched by KFC Canada on Thursday is not available over the counter, but via BitPay for home delivery. The product is available at a price equivalent to 20 Canadian dollars in bitcoin. The current price for the product can be calculated through a Facebook-based live-tracker of dollar's exchange rate with bitcoin. KFC Canada will charge an additional $5 fee for the service, according to the check-out process on its website.

4. Ukraine Sets Up Working Group To Develop Crypto Regulation

Ukraine has set up a multi-agency working group, which includes the central bank and the stock market watchdog, to develop legal proposals to regulate the cryptocurrency market. The National Security and Defense Council Chief Oleksandr Turchynov said in a statement that the legal vacuum in the crypto market due to due to lack of legislative and regulatory framework "poses a threat to the economy and security of the state". In December, an executive of the cryptocurrency firm Exmo was kidnapped in Ukraine and was released on payment of $1 million in bitcoins.

5. Line, Japan's Most Popular Chat App, Goes The Crypto Way

Japan's leading messaging app provider Line Corp. is planning to integrate cryptocurrencies into its messaging platform, Bloomberg reported this week, citing sources familiar to the matter. The company already has a mobile payment service, Line Pay, and has a virtual currency that is used in games and to buy content, mainly attractive and expressive stickers. The company wants to create products that will keep users coming back to the app. Line is the latest among a long list of companies that has embarked on the virtual currency and blockchain wagon.

Current Prices

As of 9.05 am ET, Bitcoin was up 0.97 percent at $14,080.20, Ethereum was higher by 5.22 percent at $1,278.56 and Ripple was up 10.66 percent at $2.10 on CoinMarketCap.

Other news


See also: Current support and resistance levels
EUR/USD
GBP/USD
USD/JPY
GBP/JPY
EUR/CHF
AUD/USD
Jan 18 at 19:44 UTC

Get $1000 STARTUP Bonus
Start trading without any investments and risks right now!
Enter your e-mail
Get $1000
Accept the terms of the Bonus Agreement
Get $1000 STARTUP Bonus
Start trading without any investments and risks right now!
Your full name
Phone number
Country
State
City
Link to your Facebook page
Skype

Your request for receiving $1000 bonus is being processed.

Please do not leave the website for 5 minutes to confirm you are not a robot.

When 5 minutes pass, your bonus account will be opened. While you are waiting, you can read useful information on our website.

Please do not leave the website for 5 minutes to confirm you are not a robot and receive the $1000 bonus
We congratulate you on the registration of a trading account!
We are processing your request for the StartUp bonus. The confirmation of crediting the bonus will be sent to your email
Your trading account number (login) in InstaForex:
Trader password:
OR
Start trading.
WebTrader
MT4 for Android
MT4 for IOS
MT4 for Windows
Copy the trades of successful traders using the ForexCopy system:
Copy trades
Get bonus
55%
from InstaForex
on every deposit
Earn up to
$50000
for inviting friends to get StartUp Bonus from InstaForex
No investments required!