News on Bitcoin in Crypto Market
A cryptocurrency exchange based in Estonia, Bibox to launch the bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts. The spokeswoman of Bibox, Bihui Lin commented “The roll-out of the perpetual contract is not only a significant step forward for Bibox’s ecological layout but also a promise that we will continue creating a transparent, secure and user-friendly trading environment for our users,”
Tribeos (a digital advertising marketplace) has developed a software makes use of Bitcoin Cash and successfully demonstrated it, it takes pride that it’s one of fully transparent advertising applications. Matt Gallant, CEO of Tribeos said, “The recent demo provides real world evidence of what digital advertisers and publishers can expect,”
The Jamaica Stock Exchange (JSE) has brought out a limited pilot to trade Bitcoin (BTC) and Ethereum (ETH) by signing agreement with Blockstation (a Canadian fintech company) to develop tools for the trading of digital assets and security tokens. They are also planning to launch broker-dealers in crypto trading.
A five-star hotel based in Switzerland, Dolder Grand has announced that it will be accepting bitcoin payments from next month. André Meier, director of finance said “Many of the improvements in our service in recent years were made possible by advances in technology. As we believe Bitcoin is here to stay, it only seems natural to offer more choices in the payment process.”
A leading publishing company in Switzerland, Netzmedien AG has announced its plans to start paying all its employees in Bitcoin by abandoning fiat currency, despite its strong volatility. Heinrich Meyer, CEO of Netzmedien AG has been a crypto bull has pitched that employees who are taking their salaries in BTC can make more money & sell it on exchanges at a higher rate.
A city in the Ukraine, Kiev is currently analysing the potential of the implementation of cryptocurrency such as Bitcoin (BTC) payments for the city’s public transportation system, confirmed by the the Kiev City State Administration (KCSA). The plan to adopt cryptocurrency is parallel with the city’s plan to make the public transportation system using only e-ticketing by 2024.
An over-the-counter cryptocurrency trading platform has been launched by Coincheck to cater to the large transactions activity from 50 btc. The confirmation for the launching of Coincheck OTC was made public in the company’s official blog made it clear that the only bitcoin is supported at this time and soon to add more crypto in the future.
A financial institution in the U.S has recently blocked its customers from purchasing bitcoin by using their account in Regions Financial Corporation. According to a tweet made by Stephen Pally which explained that in the bank’s 2018’s Regions Bank Deposit Agreement consist of some terms which will affect the customer’s activity in purchasing cryptocurrencies.
A Digital gift cards and mobile phone refill provider Bitrefill has made it possible for the cryptocurrency enthusiast to utilize their cryptocurrency gift cards to make reservations on Airbnb. The users are now allowed to pay for their bookings with bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC), and Dogecoin (DOGE) where the card will be treated as a voucher product.
A cryptocurrency trading platform headquartered in Finland, LocalBitcoins have shared their suggestion that the elimination of anonymity will help to enhance the reputation of Bitcoin and cryptocurrency as a whole. It will introduce four individual account levels per trade and BTC transaction volume, that should increase trustworthiness and add distinction to the user profile.
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