Good morning traders! Grab a coffee and let's dive right into the markets and news!
I have talked about some over-the-counter liquidity providers, who usually like to stay in, not to say shadows, but out of the spotlight, here in this post Have more funds than the average guy? Check out these guys.
Image credz financialtribune.com
Now Circle takes a bold move and announced on Monday, that it has bought Poloniex, the cryptocurrency exchange that was founded in 2014. Similar announcement came out from the Poloniex team, as well, with promises, that the Circle team will immediately step on the train and start working with Poloniex to technical solutions and customer support, to start growing their operation.
One can hope that the entrance of Circle also further enhances the professionalism of the exchange, bringing their skills and connections to the table. Until now, Circle Trade, the Goldman Sachs-backed venture, only allowed bigger investors to play in their sandbox, but along with their acquisition of Poloniex, they are also planning to launch Circle Invest app, that is geared towards the small retail trader and investor.
A few questions still remain in the air - whether Goldman Sachs is now actively trying to grow their market share in the cryptocurrency business and whether this move will have bigger influences on the other leading exchnages, remains to be seen. One thing is for certain - big players are now actively taking part of the cryptocurrency revolution.
Read the original article on fortune.com
Binance slashes all ERC20 compliant token withdrawal fees by 25%. Zhao Changpeng, the CEO of Binance, tweeted on Sunday, that the fee has been reduced and will be dynamically adjusted in the future. What exactly is the dynamic adjustment, remains a mystery to me, for now.
cz_binance via Twitter
A word of warning when following the crypto VIP-s on Twitter. The scammers and bots have taken over the tweets comment sections and promise various ETH and Litecoin giveaway, claiming that if you send them a small amount, they will return it tenfold, for the first 100 users, to celebrate some milestone and stuff. So don't let greed and promise of easy money to blind you and your emotions and try to keep a level head.
Example of scam:
We have talked about scams before and not going into this extensively at this time, just a quick note to always be vigilant when it comes to your hard-earned and precious cryptos.
Too young or too pre-occupied with other things to truly understand cryptocurrencies and Bitcoin? Not a problem, Andrew Courey has got you covered. An 11-year old player from Massachusetts has produced a Bitcoin guide for kids.
Via Amazon
Apparently Andrew, the author of the book started looking for investment opportunities to reach his first $20 million by the age of 14 (!) and did some digging on Bitcoin as well. Unfortunately Bitcoin, due to it's volatility, was not suitable for his growth plan and Andrew's father, Jeff Couray propesed he put down all his gained kknowledge about Bitcoin in a book instead. And so, "Early Bird Gets The Bitcoin: The Ultimate Guide To Everything About Bitcoin" was given birth to.
The book itself is available for Kindle and also on paperback, should you want to prepare your kids or not so tech-savvy relatives fr their first $20 million as well.
Hit the Amazon store to get your hands on the book Amazon.
Original article via livebitcoinnews.com
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