Crypto Flash News: Coinbase, Poloniex, Circle, Square, Dash, XRP

From the mass adoption in Venezuela to a new market for EOS, Here are some of the titles that break into the world of cryptography.

Coinbase

Coinbase added support for deposits and withdrawals of British pounds, allowing traders in the UK to exchange GBP with a crypto. Before the announcement on Wednesday, traders had to exchange GBP for euros before buying any cryptocurrency on the platform.

Poloniex and Circle

Crypto exchange Poloniex has added EOS. On Wednesday, new pairs of EOS / USDT, EOS / BTC and EOS / ETH pairs have been activated. Circle, the peer-to-peer payment service company supported by Goldman Sachs who purchased Poloniex five months ago, says it is focusing on improving the core product experience and stabilizing exchange performance.

Poloniex has also revoked two coins, starting today, due to the requirements of Circle. They are FLO, FLDC, XVC, BCY, NXC, RADS, BLK, PINK and RIC.

Circle is expected to expand into the global encryption business. Former manager of Goldman Sachs, Benedicte Nolens will lead efforts as a global regulatory affairs manager and responsible for compliance for operations in Europe and Asia.

Square

Square mobile payment company generated $ 37 million in revenue from Bitcoin sales in the second quarter. It also spent $ 36.6 million to support it as a cash payment option, bringing the company's total Bitcoin earnings to $ 420,000.

Dash

Speaking in an interview with Glenn Beck, Teeka Tiwari of the Palm Beach Research Group said he expects Dash to 10x in the following year. Dash claims to have a widespread adoption in Venezuela with 584 merchants accepting Dash.

Join us on Telegram

XRP

XRP is in live beta on Coinsquare. The Toronto-based exchange is planning an expansion into the United States where it will revalue Coinbase.

Disclaimer: The opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Keep in mind that The Daily Hodl participates in affiliate marketing.

Check out the latest news




[ad_2]Source link