Genesis Mining implements payments by BCH

Genesis Mining added the option to pay for cloud mining contract with Bitcoin Cash
17 January 2018   715

Genesis Mining right now is a controversial company. On one hand, you should consider the hurdles they faced with their users, but those were just a representation of cryptocurrencies volatile nature. On the other hand, the stable and reliable cloud mining providers are scarce, to be frank. So, the addition of new payment options weren't that far off either way, and now we have it – the ability to pay for the contract with BCH is now open. Is it a test, or a permanent option – it remains to be seen, but just the fact itself is very promising.

Bitcoin Cash network, it seems, is a more reliable and faster way for the big mining outsource company to receive payments from the clients, than the original Bitcoin with its high transaction fees and slow confirmation.

The only problem is that Genesis Mining right now is out of hashpower to sell to the customers. But fear not, they should be launching new hardware soon, if the rumors are to be believed, so the cryptocurrency hype wouldn't leave them behind.

Real Time Rates for 6 Cryptos launched by Thomson Reuters

Thomson Reuters is running a cryptocurrency real-time rates: the new service is expected to provide “reliable, real-time information” for 6 crypto coins
15 May 2018   177

The stated goal is to provide efficiency and clarity for investors within the world trading field. The new Cryptocurrency Real Time Rates are already available over a customized API interface on Thomson Reuters Eikon platform. The app is displaying a trading data from different crypto exchanges including Bitflyer and Bitpoint. Reuters affirms that more trading platforms would be added in the future. 

The announcement comes after a recent Thomson Reuters survey stated that crypto trading by financial firms is likely grow this year. Over 20% of 400 finance firms taking part in the study are deciding about the entering trading crypto assets within 1  year. That means that one in every five of the undisclosed businesses plans to set direct contact with cryptocurrencies in 2018.

Pricing data for the real-time rates will be stated for six cryptocurrencies, which were not mentioned in the report. The start of the service could reveal that Reuters is thinking about the entering the digital asset class on ‎its own market platforms. In December of 2017, the mass media added bitcoin cash (BCH) to Eikon. BCH became only the third cryptocurrency to list on the platform after bitcoin core (BTC) and ethereum. ‎

The latest release follows the announcement from CME Group which is running a daily price benchmark for ‎Ethereum, according to Financial Magnets. The service will be given in partnership with the platform Crypto Facilities.‎ Earlier this year, Thomson Reuters Corp. declared about the launch of a new version of the Marketpsych Indices sentiment data feed, which uses analysis of bitcoin market sentiment.