Crypto This Week: Binance Expands Into European Market, Crypto Price Predictions For 2019 And More

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Binance Expands Into European Market

One of the biggest cryptocurrency exchanges, Binance, has expanded into the European markets by launching a new trading platform, called Binance Jersey, designed strictly for fiat-to-crypto trading.

The platform will enable the trading of the euro (EUR) and British pound (GBP) with Bitcoin (BTC) and Ethereum (ETH) within Europe and the United Kingdom.

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After an account confirmation in accordance with the Know Your Customer (KYC) process, users can begin to trade on the Binance Jersey exchange.

In a press release, Binance noted that an expansion into the European markets could provide “freedom from looming Brexit uncertainty where the pound and euro are also in concern.”

As part of the expansion of its token offering, Binance CEO confirmed on Twitter that the company will allow the trading of two pairs using Ripple (XRP) as the quote currency.

“We will be adding a couple trading pairs with XRP as the quote currency shortly”

2019 Crypto Predictions

It’s been two weeks since the New Year and so far, there have lots of speculations surrounding the direction of cryptocurrencies. One of the many to speak on the way forward regarding this emerging market is Travis Scher, head of Digital Currency Group’s investment branch.

Scher made multiple crypto predictions, stating that he anticipates for 2019 to be a great year especially about the current rift between Wall Street executives and crypto assets.

He said that while Wall Streeters have lagged behind the crypto trend for years on end, this will change in 2019.

Another prediction on the alternative currencies is by, Jeff Berwick of Dollar Vigilante, about his expectations for institutional adoption to spark the next Bitcoin bull run.

Berwick, an ardent skeptic of the traditional fiat system, noted that once institutions see adequate platforms to transact on, cryptocurrency prices will explode, as there are presumed trillions waiting on the sidelines. Adding that the proposed Bitcoin ETFs, Nasdaq’s “crypto 2.0” futures, among others, will “change the game completely.”

Finally, Scher drew attention to his final crypto forecast, which was rather disturbing, unlike his other positive predictions. He  explained that he expects funding for crypto ventures, including startups, projects, and funds, to slow down during the first half of 2019, especially as hype exits this industry.

Scher explained that venture funds will be reluctant to make significant capital allocations towards this industry, mentioning the dramatic collapse of Bitcoin-backed hedge funds throughout 2018.

And this week’s airdrops, Insight Network, and KRATOS

Insights Network

Insights Network is conecting consumers with businesses for mutually beneficial data exchange by using digital currency and blockchain technology.

Insights Network Airdrop is worth 22 INSTAR tokens the equivalence of 0.18 USD. Also, you can earn 25 INSTAR tokens the equivalence of 0.20 USD for every referral. The current ICO will end on February 14th, 2018, with the current ICO price at 0.15 USD

How to join Insights Network Airdrop?

  1. Register for the Insights Network Airdrop
  2. Verify your email & login to your account.
  3. Complete the KYC.

KRATOS

KRATOS is a trading platform that addresses challenges for the physical commodities trading business, particularly, the lack of access to trade finance for Small to Medium Enterprise (SME) players in the commodities market. KRATOS Airdrop is worth 1000 TOS tokens the equivalence of $ 118 for every referral, only for physical commodities businesses. The current ICO price is 1000 KRATOS equaling 1 ETH.

How to join KRATOS Airdrop?

  1. Register at Arkratos.io
  2. Verify your email & Log in.
  3. Complete the KYC/AML.
  4. Sign up to Trade.io Exchange for tokens

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