Coinbase and PayPal are collaborating

Coinbase and PayPal are collaborating

Coinbase  Exchange officially announced its partnership with PayPal in the United States. As a result, users of the Coinbase cryptocurrency exchange in the United States can now purchase their favorite cryptocurrencies through the PayPal payment gateway. This is really good news for all PayPal and Coinbase users.

However, the Coinbase and PayPal merger service is currently only available in the United States. The cryptocurrency exchange is still considering expanding its partnership with PayPal to other parts of the world.

Coinbase stated:

"We now offer millions of users in the United States a quick and easy way to buy cryptocurrencies on Coinbase via credit cards and bank accounts connected to PayPal. "

"It is very easy to buy and pay for cryptocurrencies using the PayPal payment gateway," Coinbase said. "If you have a PayPal account, you can start trading on Coinbase immediately, and you no longer need to add bank accounts or card numbers directly to CoinBase."

South Korean money changers reopen cryptocurrency face-to-face shopping centers

South Korean money changers reopen cryptocurrency face-to-face shopping centers

Coinone and Bithumb have both reopened their customer centers in the capital in response to growing domestic interest in cryptocurrencies.

Coinone Exchange, one of the top four cryptocurrency exchanges in South Korea, has reopened its offline customer center in Seoul. According to a report in The Korea Herald on April 29, the center initially opened in September 2017, but has since closed due to the company's decision to focus on other business activities.

Currently, with an increase of 20 times more than usual registration of new users of the cryptocurrency exchange in the first quarter of this year, this exchange will resume its offline services for customers. At the end of this month, the Herald reported that Coinone had reached 2 million users.

In addition to reopening an offline hub, Coinone has reportedly doubled its staff to meet information needs and help a wide range of new customers.

The trend seems to be expanding to resume face-to-face customer service in South Korea, with Bithumb, the country's second-largest exchange, opening an offline hub in the capital earlier this week. The Korbit exchange is reportedly considering a similar move.

These developments show the rising atmosphere in the South Korean digital currency market, where the price of Bitcoin is recently trading with a new "Kimchi premium" that rises to the highest price of the year. The craze for cryptocurrencies has apparently spread to domestic stock prices as well. Meanwhile, companies holding shares in some of the country's top cryptocurrency operators have seen significant gains in recent weeks.

Analysts predict that the Kakao Forum in South Korea, which owns cash shares in Upbit and Dunamu and is active in the cryptocurrency and blockchain industries, is likely to reap the benefits of Korea's rising cryptocurrency market next year.

Equipping 10,000 taxis in the UK with Ethereum-based payment gateways in the future

Equipping 10,000 taxis in the UK with Ethereum-based payment gateways in the future

According to an announcement released Monday, HIPS mobile payment companies and the Nordic taxi payment platform will work together to enable taxis in the UK and Scandinavia to accept cryptocurrencies on the Ethereumblockchain.

Under the partnership, 10,000 taxis in the United Kingdom and 20,000 taxis in Scandinavia will be able to use the toll booth after passing the beta test in November.

The platform will initially accept the USDC Stable Coin and the native HIPS token called the Merchant (MTO), which is issued on Ethereum and under the ERC-20 standard. According to the announcement, the acceptance of other cryptocurrencies will be on the platform's agenda as soon as possible.

The system, which essentially includes the HIPS Merchant Protocol and its HMP payment gateway platform and native tokens, has been described as a "solution that borrows concepts such as" consumer protection "from the traditional card payment industry. "Atrium blockchain enters."

The HIPS system works with a wide range of payment platforms to enable cryptocurrencies to pay for everything from Time Magazine subscriptions to organic vegetables.

Launched earlier this month, the HIPS system is designed to work with any blockchain capable of supporting smart contracts; This means that in the future he will use not only Ethereum but also Cardano and Solana.

In fact, the protocol, which has the ability to "speed up real-time trading", was developed not only for Atrium, but also for a blockchain like Solana, which the statement described as "a fast blockchain that It can support more than 50,000 transactions per second. The block time in this blockchain is 400 milliseconds and its transaction fee is approximately $ 0.00001. "

This speed is enough even for the shortest city trips by taxi.

SBI CEO: Ripple will be made public after a lawsuit in the SEC!

SBI CEO: Ripple will be made public after a lawsuit in the SEC!

Yoshitaka Kitao, CEO of SBI Finance Group in Japan, said in a call for revenue that Ripple would be made public, adding that Chris Larsen, one of the founders, wants the company to move in that direction. Slow:

Following the current petition, Ripple will be made public. Chris wants to do that.

Ripple CEO Brad Garlinghaus claimed that his company could lead the IPO in Davos in January 2020.

In the next 12 months, you will see an IPO in the crypto / blockchain space. We will not be the first and we will not be the last, but I expect to be on the leading side. This is a natural evolution for our company. ”

But these plans seem to have been abandoned. While shares of the Coinbase cryptocurrency exchange continue to be traded on the Nasdaq, Ripple is currently embroiled in an unpleasant legal battle with the SEC.

SBI Group, Ripple's largest foreign shareholder, has long been a strong supporter of XRP, which has been touted as an cryptographic asset in Japan. Shareholders can receive dividends for the second year in a row, as reported by U.Today.

In December, Kitao said that Ripple's legal problems in the United States would not have a major impact on its global trade.

Exploratory wars

Ripple, meanwhile, insists the SEC must provide its internal communications in a letter to Judge Sarah Netburn.

The issue will be discussed at another conference call on April 30.

Miners collect bitcoins in large quantities

Miners collect bitcoins in large quantities

The chart presented by Glassnode shows a sharp increase in the net position change index of miners.

This shows that instead of selling it, BTC miners store their extracted bitcoins in cold wallets for a long time.

The indicator of the net position change indicator of miners becomes greener

The Golsnood chart, shared by Moskov Capital Senior Investment Director, shows that miners are still collecting the world's top digital currency and are not currently thinking of selling it.

This index turned green for the first time this year on February 27, and this was the first time that it turned green since December 27.

Bitcoin prices are improving

Bitcoin is taking back its profits. According to CoinMarketCap, it has now climbed to $ 54,767 after falling to $ 47,000 on Monday.

Bitcoin Mask and Portnoy Talk

Today, Tesla & SpaceX CEO Ilan Musk stood up to Barstol Sports CEO Dave Portnoy and condemned him for holding his bitcoin deposit. Tesla, meanwhile, sold 10 percent of its BTC balance sheet to prove Kevin's liquidity.

Meanwhile, on Monday, Portnoy tweeted that it had bought a bitcoin. Apparently, he has decided not to buy more bitcoins for fear of another sharp fluctuation.

Verge cryptocurrency Wednesday, April 28

Verge cryptocurrency Wednesday, April 28

The verge cryptocurrency has been improved based on the original bitcoin and aims to achieve the best business way to conduct direct transactions with respect to the privacy of individuals.

verge is designed for everyday use.

Distinctive features of verge

1) Verge uses several anonymous networks such as TOR and I2P. Blocks users' IP addresses and its transactions are undetectable.

2) Verge is not a private company funded by mining coins or ICOs. All development and marketing is supported by thousands of community members.

3) Trading speed is very fast compared to other coins. Simple SPV payment technology allows trading time to be reduced to 5 seconds.

4) The verge development team is very active and is always in close contact with the community and the people who use Quinn. So you can easily access the original developers for support or new ideas about verge.

5) This system offers a wide range of secure wallets for several operating systems. The Tor Android Wallet application has created a revolution among the wallets offered in the Android system.

6) The verge currency is decentralized and based on an open source platform and there is no central control over the coins. This currency has seen a tremendous price increase.

And in the future it will play a decisive role among digital currencies, and forecasts continue to testify to the further growth of this currency.

An overview of the cryptocurrency market Monday, April 26

An overview of the cryptocurrency market Monday, April 26

$ 6,000 price increase for Bitcoin in a matter of hours

The past few days have not been good days for the market's first cryptocurrency. Bitcoin fell from over $ 55,000 to about $ 47,500 in a matter of hours on Friday.

Despite the slight improvement in the price of this currency over the weekend, Bitcoin failed to fully offset the losses. The latest price rejection has pushed the cryptocurrency down again. As a result, BTC fell more than $ 3,000 to $ 47,000. This is the lowest price level since early March.

At this point, however, the cows took control and pushed bitcoin to higher levels. Eventually, within a few hours, the asset rose above $ 50,000 to about $ 53,000.

With this dramatic increase, the market value of BTC again approached the $ 1 trillion mark. However, the currency still dominates the cryptocurrency market by about 50%, the lowest level in 33 months.

Ascent of Altcoins

Over the past week, alternative coins have gone through the same difficult days as bitcoins. However, since yesterday, with a slight price pump, these altcoins have started to improve. Ether (ETH) fell below $ 2,300 yesterday, but rose double-digit to $ 2,500 again.

Bainance Quinn, which fell below $ 500, has risen more than 12 percent in the past 24 hours and is currently around $ 550.

Ripple (11%), Cardano (9%), Polkadot (12%), Uniswap (20%), Litecoin (8%) and Chainlink (11%) are also green. The Dodge Quinn is the only exception to the bullish market today. This currency has been accompanied by a slight decrease and has reached about 0.26.

Polygon (33%), Voyager Token (27%), Theta Fuel (26%), PancakeSwap (25%), UMA (24%), Phantom (23%), THETA (22%), Aave (21%), Dent (20%), Horizen (20%) and Arweave (20%) are other bullish altcoins on the market.

The value of the cryptocurrency market has increased by more than $ 200 billion since yesterday, but it is still about $ 30 billion away from the $ 2 trillion mark.

Microsoft, Apple and Microsoft Strategy stock tokens listed on Bainance

Microsoft, Apple and Microsoft Strategy stock tokens listed on Bainance

Bainance Exchange announced that it will list shares of Microsoft, Apple and Microstrate until the end of April.

Users of this exchange can buy microstrate stock from today. Apple and Microsoft stock tokens will be listed on April 28 and 30, respectively.

Since the beginning of this month, Bainance has started listing stock tokens. Tesla was the first company to list the exchange in the form of a token. Bainance has even listed the stock of its rival, Kevin Base.

All of these token stocks are purchased with the Stable Kevin Bainance (BUSD).

While these products are also offered by FTX, Bainance offers free stock trading.

It is worth noting that these tokens can be traded only during the opening hours of the US stock market.

Legal supervision

Bainance is under new legal scrutiny because of its new product, which is supposed to democratize stock trading.

On April 22, the Financial Times reported that the UK Office of Financial Conduct had begun working with an exchange to determine whether the product was covered by UK securities law:

"We cannot comment specifically on our confidentiality obligations. Basically, the following applies: If the tokens are transferable, can be traded in a crypto exchange, and are equipped with economic rights such as dividends or cash settlements, they represent securities and are subject to the issuance of a stock listing. ”

Turkish, American and Chinese Bainance users have been banned from trading these tokens.

Beyond the expectations of users, PayPal's cryptographic services are welcomed

Beyond the expectations of users, PayPal's cryptographic services are welcomed

In an April 25 interview with Time magazine, PayPal CEO Dan Schulman said demand for the digital currency services the company recently offered was significantly higher than expected:

The demand in this field has been many times what we initially expected and there is a lot of excitement in this field.

Schulman claims that PayPal has been monitoring the digital currency space for six years. However, the payment giant waited for digital assets to become more widely accepted in society.

Last October, PayPal made it possible for its US users to buy, sell and hold digital currencies, and in late March, it launched its digital currency payment service.

Schulman predicts significant changes in the financial system over the next ten years, which he believes will make today's payment services inefficient:

If you cash a check, receiving money can take up to three days. If you make an international remittance, your money can take up to seven days.

The head of PayPal predicts that up to 10 "superapps" will be used for payment services in the future, and cash will face a "significant reduction".

He also predicts that credit cards will eventually disappear and be replaced by mobile phones.

Altcoins that have attracted the attention of whales during the recent market downturn

Altcoins that have attracted the attention of whales during the recent market downturn

Experts from the analytics company Centiment tracked the number of "whale-scale" wallets on Altcoin's large networks and found that over the past week, four digital currencies have received special attention from whales.

Polygon (formerly Matic Network), Ren (REN) digital currencies were aggressively bought from the Ren, Cyber ​​Network (KNC) and Binancecoin(BNB) protocols at the Bainance digital currency exchange.

Analysts interpret the trend as a clear indicator of whales' confidence in the positive short-term and medium-term outlook for these popular altcoins.

As previously reported by U.Today, China Link Whales (LINK) are also steadily increasing their positions despite short-term price fluctuations.

In total, buyers have invested more than $ 2.37 billion in digital currency exchanges to buy digital currencies. According to Glassnode, this is the second significant Tetra liquidity flow in the history of digital currencies.

Dogecoin (DOGE) and Ripple (XRP) had the worst performance among the top 20 currencies in terms of market value during the recent sudden collapse.

Meanwhile, Shiba Inu tokens have risen 13.3% and Monroe (XMR) 9.4% in the last 24 hours.