🔈Update
The crypto markets are climbing back up today.🚀
• Bitcoin (BTC) has broken $10,000 again, trading at around $10,342.40.
• Ethereum (ETH) has also made major gains from its last week’s low today, trading at around $874.24 by press time.
📌News
Mobile payments app Circle acquires crypto exchange Poloniex for $400 mln
Multi-currency mobile payments company Circle has acquired Poloniex, a major US-based crypto exchange for $400 mln.
• Poloniex is currently the 14th largest crypto exchange in the world, trading a total of almost $140 mln.
• The exchange’s new owners aim to grow the Poloniex platform into more than just a crypto-only exchange, including plans for a multi-sided distributed marketplace.
• The platform could host tokens which represent everything of value: physical goods, fundraising and equity, real estate, creative productions such as works of art, music and literature, service leases and time-based rentals, credit, futures, and more.