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The second largest stock exchange in Germany and the ninth largest exchange in Europe, Stuttgart, has announced that it is soon launching a cryptocurrency exchange. In the first half of 2019, the exchange will be launched in collaboration with solarisBank, a fintech based organization in Berlin that offers cryptocurrency trading banking services.
Börse Stuttgart is about to feed the new Bison mobile app for trading. The app will be available in German app stores by the end of January 2019. The app will also have cryptocurrency trading capabilities for different groups of operators. The announcement on the official Twitter handle was as follows:
"The embarkation has begun We have started beta testing for the BISON mobile app with some VIP testers We will start accepting new subscribers by January, and we expect to publish the BISON app in the German app stores . "
New victory for Cryptocurrencies
BISON App will be the first exchange of cryptocurrencies with German roots. It is specifically designed to capitalize on the ever-growing market for mobile traders. The company promised to keep the app simple and create a news aggregation segment that will make it easier for users to stay informed about the cryptocurrency industry. They will also be able to view their resources and operate on the platform without paying additional costs.
BISON also offers a Crytoradar feature that allows users to conduct real-time analysis and get summaries of about 250,000 tweets from the daily cryptocurrency community. Entering the mobile cryptocurrency trading space, Bison hopes to increase awareness and take up digital resources in Germany. As the largest economy in Europe and the fourth largest in the world, Germany is an ideal basis for the adoption of cryptocurrencies.
Price analysis of cryptocurrency
Yesterday, Ethereum reported a surge exceeding $ 130, attempting to test the $ 140 level. Today, ETH is trading at $ 130.18. This shows that it is up 15.89% on the USD and 13.32% on Bitcoin. The trading volume over a 24-hour period is $ 3,442,110,350 and the market capitalization is $ 13,533,488,071.
XRP is trading at $ 0.369443. Increases by 2.84% compared to the US dollar and 0.73 compared to Bitcoin. The trading volume over a 24-hour period is $ 527,147,794 and the market capitalization is $ 15,071,098,976. The XRP will have to gather momentum if it wants to maintain its second cryptocurrency position by market capitalization because the ETH is still on the rise.
