| TrueUSD (TUSD) |  | TrueUSD is an exchange independent backed 1-for-1 with US dollars, acting as a stable currency for digital exchange. It has a market cap of over $210.1 million, a circulating supply of over 207.4 million and has traded over $48.7 million in the last 24 hours according to CoinMarketCap.com.
TUSD/BTC retested its support near 0.0002890 following the breakout of an ascending triangle price pattern. A close above 0.00029531 could be confirmation for a bounce off of support, with potential target at the projected move from the ascending triangle at 0.0003100. A potential stop could be placed below today's low.
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| | News To Know | | Will OTC Trading Be Bitcoin's Saviour
There are different sides to Bitcoin trading and one that is often ignored is over-the-counter trading and especially its 'grassroots' relative, localbitcoins. For those that don't know, localbitcoins is a bitcoin startup company based in Finland. The firm facilitates over the counter trading of local currency for Bitcoins. The user can post advertisements on the website where they state exchange rates, payments methods and more.
Wikimedia Foundation to Accept Bitcoin, Bitcoin Cash Donations via BitPay
The Wikimedia Foundation, Inc., a US-based "non-profit and charitable organization" focused on acquiring funding for Wikipedia and other informational websites, has partnered with leading crypto payment processor, BitPay. According to the announcement's press release, the partnership involves BitPay helping the Wikimedia Foundation to accept bitcoin (BTC) and bitcoin cash (BCH) donations.
Binance: The World's Largest Crypto Exchange Will Let you Buy Bitcoin With Credit Cards
Binance, the world's largest crypto exchange by daily trading volume, enabled credit card payments on its platform to allow users to purchase Bitcoin and other major crypto assets using Visa and Mastercard. The integration of credit card payments into the Binance trading platform comes after Binance CEO Changpeng Zhao (CZ) emphasized the importance of fiat on-ramps in increasing the mainstream adoption of cryptocurrencies.
Marshall Islands to Issue Physical Banknotes for Its Digital Currency
According to blockchain smart card wallet developer Tangem, the Republic of the Marshall Islands (RMI) has tasked it with issuing physical banknotes for its upcoming official state digital currency, the Sovereign. The physical banknotes, however, will not be made of cotton or paper, as fiat notes typically are. Instead, they will take the form of a smart card with a chip and NFC antenna.
SWIFT Gears Up for Trade Via Blockchain
Financial messaging service SWIFT said this past week that it has fashioned a partnership with R3, a blockchain startup. The partnership will integrate the R3 platform into the SWIFT global payments innovation (gpi) offering. As quoted by CNBC, SWIFT CEO Gottfried Leibbrandt said this week at the Paris FinTech Forum that "we are announcing … a proof-of-concept with the R3 blockchain on trade, where you can initiate a payment on the trade platform and then it goes into gpi."
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| | | Source: Coinmarketcap.com | |
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