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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.
Coinbase GBP's support is now available to many customers and we will continue to distribute availability to all UK customers in the coming weeks. 🎉
– Coinbase (@coinbase) 1 August 2018
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 is opening up markets in EOS! [19659006] – Poloniex Exchange (@Poloniex) 31 July 2018
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.
Please finalize all transactions and close any position in these activities before 2 August. Once removed from the list, you will have 30 days to withdraw the balances in these activities. For more information, visit https://t.co/zYwjRBk1BG
– Poloniex Exchange (@Poloniex) July 26, 2018
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.
Teeka Tiwari of @PalmBeachGroup Research speaks with @glennbeck on why he believes #Dash will rise 10 times from here. Teeka cites the strategic partnership with InstantSend, PrivateSend and @Dashpay with @altthirtysix as main reasons. Glenn you should interview the CEO of Dash Core Group @ RTaylor05 pic.twitter.com/31IFXeu9Fb
– Mark Mason (@StayDashy) 21 July 2018
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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.
#XRP is now active – in beta – on the Coinsquare platform
During the beta, you can:
– Fund your account with XRP
– Buy XRP with fiat or cryptocurrency
– Buy XRP for fiat or other cryptocurrencyIf you notice any problems or bugs, let us know! #Ripple https://t.co/rDwFVkPSaA
– Coinsquare (@Coinsquare) 31st July 2018
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.
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