Bitcoin news

News Time:😎

🍀Overstock has between $68,000 to $120,000 in weekly cryptocurrency revenues. Jonathan Johnson, a member of the board of directors of Overstock, emphasized that for online retailer accepting cryptocurrencies is significantly easier and cheaper than accepting credit card payments because of the API of major cryptocurrency exchanges and brokerages like Coinbase that enable merchants, even large-scale conglomerates, to accept cryptocurrency payments without establishing a secure and expensive infrastructure like fraud department that is necessary for credit card payments.

🍀Bittrex starting to roll out USD markets for retail investors in New York, California, Washington, Montana, and certain international regions. The exchange starting to invite small groups of retail customers to participate in the USD markets, as their trading will help us further evaluate and test everything. As Bittrex roll out future phases, more states will be added.

🍀New York’s Department of Financial Services gave the green signal for Bitcoin Cash, Litecoin, Ethereum to be traded on the ItBit exchange. Also New York financial regulators have approved Stellar Lumens to trade on the ItBit . Perviously, the exchange only supported the trade of Bitcoin.

🍀Mike Novogratz made a $15 million dollar investment on AlphaPoint Corp, a cryptocurrency exchange platform, with his firm Galaxy Digital.

🍀EOS passed the required 15% voting needed to activate mainnet.

🍀Coinbase has sent a cease-and-desist letter to cryptocurrency startup Swarm for the latter’s attempt to tokenize and sell the San Francisco cryptocurrency exchange operator’s shares.

😎CBOE Global Markets President Chris Concannon: "We are pleased with the SEC's decision to provide clarity with respect to current Ether transactions. This announcement clears a key stumbling block for Ether futures, the case for which we've been considering since we launched the first Bitcoin futures in December 2017."

📈Rates:

Bitcoin: $6,575 (+1.18%)
Bitcoin Cash: $862 (−1.03%)
Ethereum: $492 (+1.33%)
Litecoin: $97 (+0.35%)