Payment company Circle has announced that it has purchased Poloniex cryptocurrency exchange. Rumors of the acquisition had been circulating for weeks, and were finally confirmed today in press releases issued by both parties. Poloniex is one of the most well established cryptocurrency exchanges, but has been stagnating. It is hoped that the partnership will revitalize its fortunes while bolstering Circle’s presence in the crypto market. When the story of Circle purchasing Poloniex surfaced on an obscure site called Modern Consensus, it was shot down as fake news. It turns out, the story was accurate and the news was very real. “Circle and Poloniex Accelerate the Emerging Token Economy” reads the headline of the press release Circle issued on February 26 at 8am NYT. Circle is already invested in crypto via its Circle Trade app, but Poloniex connects it to a main artery at the heart of the crypto ecosystem.
The Bitcoin dress is the brainchild of designer Holly Renee, who began her overall fashion project in 2012 as an Etsy page, though she’d been designing since she was a teen. In terms of the Genesis Block dress in particular, the “inspiration behind the dress was wanting to solidify this moment in history,”. The San Francisco based company digitally prints on the fabric, and each dress is made by hand through “sewing artisans.” The process “provides a zero-waste print-to order technology. The textile file that is created is printed onto transfer paper, then transferred to the fabric with heat rollers which permanently seals the inks into the fibers. The fabric is then individually cut to size, tagged, sewn and shipped,” according to the company’s site. It’s fitting a crypto dress would be printed digitally, and Shenova describes the process as exciting “because it allows whimsical flexibility, and endless creativity. If you can see it, you can print it (then wear it!) The concept is so great because you can literally take something right off the computer screen and onto your body.”
Bitstamp is a popular bitcoin exchanges that is based in Luxembourg. Bitstamp has been a very reliable exchange since 2011, providing customers with an easy to use, secure and great service. From 2106, it was names as the world’s second largest exchange by volume as well. It allows many forms of trading such as USD, EUR, Bitcoin, Litecoin and Ripple.
Bitstamp is the first major Bitcoin exchange, which has introduced and incorporated the industry’s best security practices. They use MultiSig technology, which is well known for its hot-wallet, fully insured cold-storage, which allows over 98% of customers BTC to be kept off-line in secure vaults. Bitstamp do not stop there with regards to security features though, and offer a number of things to their customers; such as two-factor authentication as well as confirmation emails for enhanced account security.
The Bitstamp exchange has been designed to allow you to execute instant orders at the best bid or asking price. You can also place limit orders, stop loss, and trailing stop orders. Anyone can buy and sell Bitcoins, both businesses and individuals, at all times through API or the Tradeview trading interface.
Bitstamp are set on making trading as easy as they can for their customers, and have mobile phone apps, which are available for both iOS and Android; so, if you are looking for a very secure and reliable exchange with good liquidity and a robust infrastructure, Bitstamp should definitely be your exchange of choice.
Year Launched: 2011
Kraken is one of the top European based exchanges, which offers a variety of fiat to Bitcoin pairs, such as JPY, EUR, GBP and USD. As well as these pairings, this leading exchange also offers a smattering of popular crypto to crypto pairs, which include Litecoin and Dogecoin.
Kraken also offer the ability to leverage your account balance on specific trading pairs, although, do be warned, the margin trading feature is best saved for the bravest traders! This feature will give your cash benefits in the markets, however, this is a risk, as your money could dramatically reduce if the markets go against your trade.
Security is a main concern with Kraken, and they ensure that the highest factors are put in place, including the two-factor authentication and PGP/GPG encryption.
The fees that the customers can expect to pay will vary depending on the volume. For the main trading pairs, you can expect to pay 0.1-0.35%; however, for the other less common crypto pairs, the range can be as low as 0.05%, or as high as 0.75%. For the traders who are offering liquidity, there are 0% fees.
The fees for withdrawals and deposits are all variable depending on the method; however, it is worth mentioning that in general all fees are 0.19% with a $20 minimum. This differs for JPY though, and there is a minimum deposit of 5000 Yen, and no transaction fee for the deposit, but 20 Yen to withdraw.
Year Launched: 2014
Pascal Coin (PASC)
Based on a groundbreaking and unique new idea in the cryptocurrency space, PascalCoin pioneers a new tier of scalability suitable for planetary-scale adoption. It is the first and only cryptocurrency to have broken the 100 transactions per second barrier! By offering simple account numbers that can be associated to emails, company names and domain names, payments have never been easier. PascalCoin’s powerful architecture lays the strong foundation for large-scale smart contracts in the form of Layer-2 protocols.
Current Price: $0.954048 USD
Market Cap: $18,129,297 USD
Circulating Supply: 19,002,500 PASC
Total Supply: N/A