Bisq Introduced 7 New Methods of Payment

One of the first decentralized bitcoin exchange app Bisq released Bisq v0.6.6  
27 February 2018   826

Last year the app rebranded its name from the Bitsquare to Bisq. The update includes 75% reduction in minimum trading fees, 7 new payment methods and the ability to deactivate open offers.

The app added new methods of payment and reduced trading fees in order to help bootstrap its US trading of BTC. It officially announced adding:

  • Venmo

  • Cash App

  • Popmoney

  • Revoult

  • Uphold

  • MoneyBeam

  • ACH/WIRE

This should expand Bisq’s reach in the US in a big way, and will be important for the week’s BTC-USD liquidity effort.

The Bisq team

As it already stated, the new version of Bisq has reduced the minimum trading fee 75% from 0.0002 BTC to 0.00005 BTC. Currently, it is more economical to trade very small amounts on Bisq.

The deactivation of open offers is now available on Windows, Mac, and Linux, and also has DASH, LTC, and DOGE markets.

Bakkt to be Launched in December

It is also reported that Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure
19 October 2018   96

The expected launch of the Bakkt will take place on December 12 of this year. It is reported by The Block, citing informed sources.

Also, the material states that the investment bank Goldman Sachs does not plan to create custodial cryptocurrency solutions based on the Bakkt infrastructure. At the same time, the bank is considering the possibility of trading futures on a new platform.

In a recent Fortune interview with Bakkt, Kelly Lofler said that the cryptocurrency market is on the verge of a revolution comparable in size to the one that occurred on the energy market in the early 2000s.

Greater institutional participation in the digital asset markets requires secure and regulated custody solutions. We are impressed by BitGo’s product, unique services, and the management team. We view our investment in BitGo as an exciting opportunity to contribute to the evolution of this critical market infrastructure.
 

Rana Yared

Managing director, Goldman Sachs’ Principal Strategic Investments group

Bakkt is a cryptocurrency unit of the Intercontinental Exchange (ICE), which is the operator of the New York Stock Exchange. Giants such as Microsoft and Starbucks are taking part in creating of the new project, which is positioned as an “ecosystem for digital assets”.

The new platform will offer deliverable bitcoin futures to the market (unlike the settlement contracts for CBOE and CME, these are based on the underlying asset). The platform will support multiple fiat currencies.