Coinbase to expand its list of cryptos offered: 8 new altcoins currently under consideration – Tron Weekly Journal

to list of cryptos offered: 8 new altcoins currently under consideration  Tron Weekly JournalA couple of days ago, Coinbase that it plans to review new coins and potentially add one or more to its list of offered assets. There are eight …
: worldnewsoffice
Coinbase to expand its list of cryptos offered: 8 new altcoins currently under consideration – Tron Weekly Journal

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XRP Continues To Expand Despite Negativity Over the Ripple Coin Price

During July, ahs outperform both Ethereum (ETH) and (BTC) in terms of the numbers of transactions processed by the network. to data provided by BitInfoCharts, the XRP Ledger registered more than 1.1 million transactions on July 20. Ethereum processed 584,000 transactions, followed by Bitcoin with 322,000 and Litecoin (LTC) with 28,000. XRP […]
: bitcoinexchangeguide
XRP Continues To Expand Despite Negativity Over the Ripple Coin Price

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Binance to Expand Services to Singapore

has announced the expansion of fiat- platform to Singapore.

The new platform will allow users to buy and sell cryptocurrencies such as bitcoin (BTC), ether (ETH), and binance coin (BCB) using the Singapore dollar (SGB). Using the Fast and Secure Transfers (FAST) system, an electronic funds transfer service from the Association of in Singapore, the exchange will reportedly enable instantaneous deposits and withdrawals. 

Binance Singapore had a soft launch in April with limited functionalities, and since has seen an average of 20 percent user growth. The exchange will expand its services its partnership with Vertex Ventures China and Vertex Ventures Southeast Asia and India. Vertex made an undisclosed strategic investment in Binance in 2018. 

The trading exchange also has a partnership with Xfers, a local fintech startup, to ensure that Binance has the lowest trading fees of any Singaporean exchange. 
In January 2019, Binance opened a similar expansion in Europe, allowing users to trade cryptocurrencies against the euro and British pound.

The post Binance to Expand Services to Singapore appeared first on Bitcoin Magazine.


: bitcoinmagazine
Binance to Expand Services to Singapore

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Unique Zero-Fiat ‘Bitcoin Bond’ Debuts on Bloomberg Terminal

Bitcoin investment

The range of Bitcoin investment for institutional and retail investors continues to expand as two European companies debut a -fiat Bitcoin Bond on Bloomberg Terminal.


This one is for the HODL Crowd

A recently published press shows that the London Block (LBX) and Argento have to develop a zero-fiat bond which is denominated in Bitcoin. The UK and Luxembourg-based companies proudly proclaimed that the product is the first ever Bitcoin Bond in existence and according to Argento manager Phil Millo, “The large investment banks really dropped the ball on this one.” 

 

What makes the bond unique is that it is the first regulated cryptocurrency financial product with a dedicated ISIN code and the bond offers zero fiat exposure to investors. Accessible via the Bloomberg Terminal, the product is specifically targeted toward long investors and LBX CEO Benjamin Davies describes the bond being the most suitable for Bitcoin investors looking to grow their long-term Bitcoin wallets in an institutional grade environment where their holdings are not exposed to traditional currency market fluctuations. 

Institutional Grade Crypto Products Gain Ground Everywhere Except the U.S.

The bond is regulated by the United Kingdom’s Financial Conduct Authority (FCA) and Argento has cleverly titled the various bond durations ‘FOMO’, ‘HODL’, and ‘MOON’, each of which is a standard crypto-oriented acronym commonly by members of the cryptocurrency community.  

Keen investors will note that while the FCA has been stringent in regulated crypto-based financial products and putting a stop to crypto scams, the approval of the zero-fiat bond eclipsed Bakkt’s thrice-delayed debut. Institutional grade crypto-investment products are steadily racking up approvals worldwide as the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Commission (CFTC) continue to drag their feet in approving institutional grade crypto-products like Bakkt’s Bitcoin exchange and the long-awaited Bitcoin-based Exchange Traded Fund (). 

Another setback to note is Binance’s announcement that US-based users be barred from using the exchange starting in September as a number of the digital assets listed on the exchange cannot be legally offered to U.S.-based investors. Binance CEO Changpeng explained that the company intends to launch a regulatory-compliant version of  Binance through its partner BAM but exact details of the exchange and its launch date have yet to be released.  

Do you think investors will rush into this new zero fiat Bitcoin Bond? Share your thoughts in the comments below! 


Images via Shutterstock, Coveware.com

The post Unique Zero-Fiat ‘Bitcoin Bond’ Debuts on Bloomberg Terminal appeared first on Bitcoinist.com.


Source: bitcoinist
Unique Zero-Fiat ‘Bitcoin Bond’ Debuts on Bloomberg Terminal

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Yet Another Exchange Expanding Crypto Trading Operation in the United State

Earlier, it cryptocurrency exchange which has announced its new operation in the United State. And this , . has obtained nine Transmitter (MTL) and henceforth business operations in the United States. CEX.io in the USA CEX.io exchange has received a to expand crypto trading across nine states […]
Source: bitcoinwarrior
Yet Another Exchange Expanding Crypto Trading Operation in the United State

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Libra could expand Bitcoin’s userbase by 70-fold

Facebook’s newly announced stablecoin has been the focus of the entire industry, as many experts believe it could act as a gateway for Bitcoin for its 2.4 billion-strong user base. Exposure to a relatively stable digital asset such as could make people interested in other, more decentralized and privacy-focused cryptocurrencies.

Libra could be a boon for crypto

Facebook’s newly announced project, Libra, has been at the forefront of media attention in the past couple of weeks, with the coverage intensifying as more details about the platform were revealed.

Coin Center director: Libra’s path towards permissionless is flawed, unlikely to become decentralized
Related: Coin Center director: Libra’s path towards permissionless is flawed, unlikely to become decentralized

While many were quick to dismiss the effect Libra could have on the broader crypto market, it seems that the highly-anticipated digital asset is already making waves throughout the industry. Despite the problems it faces—which include centralization and lack of privacy—Libra was still celebrated by some in the crypto community.

Garry Tan, the managing partner at Initialized Capital, said that Libra’s launch was a “big day” for the crypto industry, as it has the potential to transform the crypto market. Tan pointed out that Facebook has 2.4 billion , while WhatsApp, the messaging giant owned by Facebook, has over 1.5 billion. studies estimate the number of crypto users worldwide to be roughly 35 million.

That means that a large percentage of those users could get exposure to other cryptocurrencies Libra, drastically increasing the number of crypto users worldwide.

Tan noted that while the Libra whitepaper was in no way perfect, its ability to increase the reach of other similar projects by tenfold is a once-in-a-decade opportunity that shouldn’t be ignored.

Libra could become the largest fiat on-ramp for cryptocurrencies in the world

Facebook‘s ability to reach billions of users across the globe is something almost no crypto company has, and shouldn’t be taken lightly. While there are many stablecoins whose protocols are more decentralized and privacy-focused, all of them lack a recognizable name that would attract a less tech-savvy user base.

Economist Alex Kruger said that Libra represents a threat to stablecoins and smart contract blockchains, but not to Bitcoin and other cryptocurrencies.

He explained that Bitcoin’s censorship resistance and ability to store value puts it in a completely different category than Libra, which has the potential to become the dominant medium of exchange in the crypto market.

As Libra’s will be open-source, allowing everyone to run smart contracts on its platform, many wallets are expected to appear on the network. Garry Tan also noted that there’s a very high possibility that both centralized and decentralized exchanges would list Libra, effectively making it the most dominant fiat on-ramp for cryptocurrencies.

Kruger echoed that sentiment, saying that apart from becoming the on-ramp of choice for Facebook’s users, Libra is generally positive development that will benefit many.

The post Libra could expand Bitcoin’s userbase by 70-fold appeared first on CryptoSlate.


Source: cryptoslate
Libra could expand Bitcoin’s userbase by 70-fold

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Libra could expand Bitcoin’s userbase by 70-fold

Facebook’s newly announced stablecoin has been the focus of the entire industry, as many experts believe it could act as a gateway for Bitcoin for 2.4 billion-strong user base. to a relatively stable digital asset such as Libra could make people interested in other, more decentralized and privacy-focused cryptocurrencies.

Libra could be a boon for crypto

Facebook’s newly announced project, Libra, has been at the forefront of media attention in the past couple of weeks, with the coverage intensifying as more details about the platform were revealed.

Coin Center director: Libra’s path towards permissionless is flawed, unlikely to become decentralized
Related: Coin Center director: Libra’s path towards permissionless is flawed, unlikely to become decentralized

While many were quick to dismiss the effect Libra could have on the broader crypto , it seems that the highly-anticipated digital asset is already making waves throughout the industry. Despite the problems it faces—which include centralization and lack of privacy—Libra was still celebrated by some in the crypto community.

Garry Tan, the managing partner at Initialized Capital, said that Libra’s launch was a “big day” for the crypto industry, as it has the potential to transform the crypto market. Tan pointed out that Facebook has 2.4 billion users, while WhatsApp, the messaging giant owned by Facebook, has over 1.5 billion. Recent studies estimate the number of crypto users worldwide to be roughly 35 million.

That means that a large percentage of those users could get exposure to other cryptocurrencies Libra, drastically increasing the number of crypto users worldwide.

Tan noted that while the Libra whitepaper was in no way perfect, its ability to increase the reach of other similar projects by tenfold is a once-in-a-decade opportunity that shouldn’t be ignored.

Libra could become the largest fiat on-ramp for cryptocurrencies in the world

Facebook‘s ability to reach billions of users across the globe is something almost no crypto company has, and shouldn’t be taken lightly. While there are many stablecoins whose protocols are more decentralized and privacy-focused, all of them lack a recognizable name that would attract a less tech-savvy user base.

Economist Alex Kruger said that Libra represents a threat to stablecoins and smart contract blockchains, but not to Bitcoin and other cryptocurrencies.

He explained that Bitcoin’s censorship resistance and ability to store value puts it in a completely different category than Libra, which has the potential to become the dominant medium of in the crypto market.

As Libra’s code will be open-source, allowing everyone to run smart contracts on its platform, many wallets are expected to appear on the network. Garry Tan also noted that there’s a very high possibility that both centralized and decentralized exchanges would list Libra, effectively making it the most dominant fiat on-ramp for cryptocurrencies.

Kruger echoed that sentiment, saying that apart from becoming the on-ramp of choice for Facebook’s users, Libra is generally positive development that will benefit many.

The post Libra could expand Bitcoin’s userbase by 70-fold appeared on CryptoSlate.


Source: cryptoslate
Libra could expand Bitcoin’s userbase by 70-fold

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Crypto Cards Expand in the Weekly Video Update From Bitcoin.com

Crypto debit supporting cash expand international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion.

 

Futuristic Promotion in the Weekly Video Update

This week’s show features a of technological and businesses developments that make bitcoin cash payments more accessible around the world. These include Coinbase expanding its Visa debit card service to six European markets, allowing its users from these countries to spend BCH from their accounts to pay in millions of locations where Visa is accepted, as well as to make fiat cash withdrawals from ATMs.

The show also provides an update on Local.Bitcoin.com, the privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH) which was launched on June 4. Over 14,000 people have already signed to the service and created thousands of active orders. Additional topics cover Coinex listing the SLP token honestcoin (USDH), a stablecoin issued on the Bitcoin Cash network backed 1-to-1 for USD, Cointext integration into Electron Cash allowing users to send BCH to any phone with SMS messaging capabilities, and the Alagoria platform which lets you buy items sold by Home Depot and Walmart using BCH and get a 10% discount.

The weekly update also features a promo to the Blockchain Futurist Conference 2019, taking place August 12-14 in Toronto, Canada. Starting this Monday, you can save 50% off the price of tickets when paying with bitcoin cash and using the shown in the video. Bitcoin.com take part in this event as a sponsor, with a special video presentation from Roger Ver. (function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = ‘https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.2’;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));


Source: cryptoassethome
Crypto Cards Expand in the Weekly Video Update From Bitcoin.com

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Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

debit supporting bitcoin cash their international reach and a platform shopping at Walmart BCH. Watch these and other developments discussed in this week’ video update on Bitcoin.com’ Youtube channel, and get
: devcoins
Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

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Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

debit cards supporting bitcoin cash expand their international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion.

Also Read: What Makes Slovenia a Cryptocurrency Adoption Leader – Bitcoin.com Mini-Documentary

Futuristic Promotion in the Weekly Video Update

This week’s show features a number of technological and businesses developments that make bitcoin cash payments more accessible around the world. These include expanding its Visa debit card service to six new European markets, allowing its users from these countries to spend BCH from their accounts to pay in millions of locations where Visa is accepted, as well as to make fiat cash withdrawals from ATMs.

The show also provides an update on Local.Bitcoin.com, the privacy-focused peer to peer global marketplace for trading bitcoin cash (BCH) which was officially launched on June 4. Over 14,000 people have already signed up to the service and created thousands of active orders. Additional topics cover Coinex exchange listing the SLP token honestcoin (USDH), a stablecoin issued on the Bitcoin Cash network backed 1-to-1 for USD, Cointext integration into Electron Cash allowing users to send BCH to any phone with SMS messaging capabilities, and the Alagoria platform which lets you buy items sold by Home Depot and Walmart using BCH and get a 10% discount.

The weekly update also features a promo code to the Blockchain Futurist Conference 2019, taking place August 12-14 in Toronto, Canada. Starting this Monday, you can save 50% off the price of tickets when paying with bitcoin cash and using the code shown in the video. Bitcoin.com take part in this event as a sponsor, with a special video presentation from Roger Ver.

Make sure to subscribe to the Bitcoin.com Youtube channel and leave a comment on the latest video.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our charts at Bitcoin.com Markets, original and free service from Bitcoin.com.

The post Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com appeared on Bitcoin News.


: bitcoin.com
Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

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