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eBay may opt out of PayPal and start accepting cryptocurrency for payment

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The Internet site can translate the plans announced in December 2017.

Although Lamborghini and parties on the yachts as a pre-party and a fter-party conference Consensus is not expected, but the bitcoin jerk led to the fact that the general optimism began to manifest itself in everything. And one cannot say that there is no basis for it: such a volume of transactions with cryptocurrencies ($ 29 billion per day) has never been observed.

Against the background of such a demand for digital assets, the emergence of information that the giant of world e-commerce, eBay, may begin to accept cryptocurrency for payment, does not seem to be an unusual rumor.

The reason for them was the appearance of two informational posters, from the content of which you can link eBay and payments by cryptocurrency.

They were originally photographed by one of the visitors to Consensus, and then became viral on Twitter and Reddit.

The media also drew attention to these posters, and it is no coincidence. The fact is that in February 2018, it became aware of a turning point in the development of eBay, when the giant of global e-commerce dispersed with the top management of PayPal and transferred payment processing to a technological solution from Adyen.

The reason sounded in the company eBay: Adyen allows you to process payments with lower costs. Investors in this small technology startup based in the Netherlands are “voting for it”: its capitalization has grown almost 10 times in a little more than a year, from 2.3 to 22.47 billion dollars at the current moment.

It also draws attention to the fact that, although PayPal continues to generally adhere to a cautious position with regard to cryptocurrencies, however, more bold statements about the future growth of Bitcoin’s prices are heard in the organization’s management. This sounds surprisingly contrasting against the backdrop of the fact that PayPal Vice President of Finance John Rainey continues to argue that "it is too early to say that the future of payments is behind Bitcoin."

At the same time, there is an obvious possibility that the corporation may join in the “cryptocurrency race”, given that JP Morgan is already participating in it, and also the social network Facebook will join in the near future.

What will eBay do?

Presumably, the site may develop cooperation with the blockchain platform UTRUST, in the leadership of which, ironically, since September last year, former PayPal employee Sanya Kohn has been working.

The UTRUST platform allows classic trading players to work with cryptocurrency payments, acting as a converter that converts digital assets into Fiat and credits them to the seller of goods or services.

At the same time, the commission is small – only 1%. Whether this cooperation will happen – time will tell. In any case, Scott Cutler, senior vice president of eBay Americas in December 2017, said that the company is “ seriously considering accepting Bitcoins for payment. ”

Publication date 14.05.2019
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OKEx is going to launch futures on Tron on May 20,

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OKEx Crypto Exchange announced the launch of futures contracts for Tron (TRX). A new financial product will appear on the trading platform already on May 20 at 10:00 Moscow time.

Justin Sun, CEO of the Tron Foundation, said that with the launch of the OKEx futures platform on the TRX, the number of transactions with a digital coin will reach 15 million per day. Note that on the eve of the network appeared information that the daily number of users of the platform of decentralized applications from Tron reached 100 thousand, exceeding the achievements of Ethereum and EOS.

The Tron project token currently occupies the 11th position in the cryptocurrency rating in terms of market capitalization. Recently, TRX was listed on the P2PB2B crypto exchange, and the number of smart contracts in the Tron-blockchain reached almost a thousand.

OKEx futures will be settled on a weekly, fortnightly, and quarterly basis. The maximum allowable shoulder size for this derivative is 20x. The new tool will combine data for the TRX / BTC pair, taking into account the performance of three crypto-exchanges – Binance, Huobi, OKEx.

TRX futures

By the way, this week the team Tron left Lucien Chen, technical director of the project. He explained his departure to the fact that TRX is no longer decentralized, now Chen is going to develop his own project, the Volume Network (VOL), which will strive to achieve the goals that were moved to the Tron Foundation.

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The Central Bank of Great Britain for the first time recognized the huge potential of Bitcoin

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For the first time, a representative of the Central Bank of Great Britain commented positively on cryptocurrency and Bitcoin , in particular.

For a long time, the British financial regulator spoke extremely negatively about Bitcoin and doubted its reliability as a form of capital preservation.

For example, at the end of April, the Deputy Head of the Office for Markets and Financial Affairs of the Central Bank of the Kingdom, Dave Ramsden, reaffirmed the negative attitude of the regulator to the cryptosphere.

However, this week, the chief economist of the British Central Bank Andrew Haldane, during his speech to the students for the first time, acknowledged not only reliability, but also the gigantic prospects of Bitcoin. In his opinion, the largest cryptocurrency will be able to completely replace cash in the next 20-30 years.

Haldane said that he was following the development of the cryptocurrency industry and was aware of the existence of thousands of coins. Nevertheless, despite the fact that for the first time one of the influential employees of the British Central Bank noted the growing value of Bitcoin, the position of the regulator’s management is unlikely to change anytime soon, analysts say.

But it is quite possible that, following the chief economist, many other senior officials of the Central Bank will reconsider their position, and this will create conditions for the British Bitcoin regulator to be fully recognized as a reliable payment instrument.

Publication date 19/05/2019
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OKEx Exchange will launch TRON

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures. TRON (TRX) futures trading will be available from 08:00 May 20, 2019 (CET, UTC + 1). Details as follows: https: //t.co/344ykd3iGi – OKEx (@OKEx) 17 May 2019 p. The new financial instrument will be available for trading on Monday, May 20. The following are the specifications of the TRON futures: […]

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cryptocurrency futures

OKEx cryptocurrency exchange announced the launch of TRON (TRX) cryptocurrency futures.

The new financial instrument will be available for trading on Monday, May 20. The following are the TRON futures specifications:

Derivatives calculations will be made on a weekly, fortnightly and quarterly basis. The maximum possible shoulder size of this futures is 20x. The instrument will be based on data on the TRX / BTC currency pair from OKEx, Huobi and Binance exchanges.

OKEx also reported that more than 557 million OKB tokens were purchased and burned this week. Since the start of the program (May 4, 2019), more than 1 million native tokens of the exchange have been destroyed.

Recall the other day TRON support announced Opera browser.

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7.82%
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$254.63
7.08%
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7.27%
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10.30%
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6.03%
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4.85%
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7.23%
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0.12%
Monero (XMR)
$86.69
6.68%
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