Bitcoin Cash is introduced to Thomson Reuters Eikon platform

Now Eikon Platform gives direct access to Bitcoin Cash data to over 300,000 financial professionals
19 December 2017   579

Eikon platform is Thomson Reuters' answer to Bloomberg Terminal – financial tracker for professionals working in hedge funds, asset management and other institutions. Thomson Reuters Corporation (NYSE: TRI), headquartered in Toronto, is a multinational information and mass-media company, which made a fortune as a financial info broker.

Eikon had Bitcoin tracking added back in mid 2014, and now expanded its services to cover Bitcoin Cash (BCH). This can be considered an answer to the main competitor Bloomberg, who recently added Ethereum, Ripple, and Litecoin coverage to their platform, seeing the rise of these major altcoins.

Bitcoin Cash recently has seen a rise in popularity, backed by Bitpay announcement from just a couple days before, that they will start BCH payment processing for invoices.

The topic at hand, namely adoption by Eikon platform, can be considered as a major step toward widespread adoption of BCH, Eikon being one of the flagship platforms for a variety of financial brokers and managers. The platform provides low-latency connection to a number of exchanges, deep-liquidity pools and OTC-traded markets.

Athena Bitcoin adds Bitcoin Cash to its ATMs

Athena Bitcoin adds support for Bitcoin Cash to their machines
19 February 2018   72

Rising interest in Bitcoin Cash has made a big impact on cryptocurrency market and service providers alike. The rising exchange rates and more widespread support on exchange platforms contributes to the fact. And this can;t be ignored by companies involved in Bitcoin ATM business. They wouldn't want to be left on the side in such a quick-rising market. So Athena Bitcoin took a logical step and added support for Bitcoin Cash to their ATMs.

In the case of Athena Bitcoin, it's an interesting step because of many reasons. The don't plan to drop Bitcoin anytime soon, so it's just an expansion of bases, rather than a complete turnover. Also added support will be interesting to statistics, because Athena's widespread coverage in several US states will allow to see, whether or not BCH is more popular than BTC in some states.

Bitcoin Cash support will also allow for BCH to fiat conversion with two-way machines available in Athena's network. Added competition doesn't thrill Bitcoin Core community, but BCH enthusiasts are quite happy with this situation.

So far Athena Bitcoin is one of the first providers to give such opportunity to the masses, so it would be interesting to see if other ATM networks will follow the example. Decisions like that are always more than a little controversial so we'll have to wait and see if it pays off.