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Crypto Weekly #12, 2019: Our Top Picks

Week 12 of 2019 and Bitcoin (BTC) moving sideways holding at $4k. More adoption from retailers and more stable coins coming your way from banks. For more details please see below: Six Banks to Issue Stable Coins via Wordwire Through Stellar (XLM) Avnet Now Accepting Bitcoin (BTC) Via Bitpay Liquidity provider B2C2 Group hires WallStreet […]

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JP Morgan Creates First US Bank-backed Crypto

CNBC reports that J.P. Morgan Chase has created the first cryptocurrency from a major US bank. Dubbed “JPM Coin” for now, it will be used as a settlement token for transactions between its wholesale payments clients. The token operates similarly to a stablecoin, with each JPM Coin redeemable at $1 USD. Anything that currently exists […]

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Bitfinex and Ethfinex List All Major Stablecoins

Bitfinex has announced today that its customers will be able to trade with all six of the major stablecoins. The stablecoins are supported on both Bitfinex and Ethfinex, its ERC20-focused exchange. Apart from Tether (USDT) and Dai (Ethereum-based stablecoin), the following new coins are now supported: USD Coin (USDC) True USD (TUSD) Paxos Standard Token (PAX) […]

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Coinbase Pro Adds Basic Attention Token

Coinbase Pro has announced that Basic Attention Token (BAT) will be launched on its platform. From 1pm PT on the 2nd of November Coinbase Pro will accept inbound transfers of Basic Attention Token (BAT). When sufficient liquidity has been determined, trading on the BAT/USDC pair, will be available. USDC is a stablecoin pegged to the […]

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Circle, Backed by Goldman Sachs, Launches Stablecoin on 50 Crypto Platforms

Circle, founded in 2013, is a peer-to-peer payments technology company, that is backed by Goldman Sachs. Circle, also owns cryptocurrency exchange Polonix and have created USDC, a stablecoin pegged to the USD. An article published by fxstreet stated that the stablecoin is available on 50 exchanges including coinbase. Other stablecoins include Tether and TrueUSD.

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Coinbase and Circle form Joint Venture for Crypto Adoption

According to CNBC, crypto giants Coinbase and Circle are forming a joint venture to promote cryptocurrencies. They plan to create the CENTRE Consortium that will aim to speed up adoption of cyrptocurrencies pegged to the USD. Circle already has its own USD backed cryptocurrency, a stablecoin known as USD Coin, USDC. The are also other […]

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