From the sublime to the smutty, today’s Bitcoin in Brief runs the full gamut of emotions and stories. These include Bittrex’s new foray into Europe, EOS’ quest to offload its billion-dollar warchest and Jackson Palmer’s viral new project, 50 Shades of Blockchain.
Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services
Bittrex Teams Up with Invest.com
US-based exchange Bittrex has released details of a new venture with Invest.com. The pair will be creating a digital asset trading platform, to open to EU traders initially. It will feature over 200 tokens whilst leveraging Invest.com’s knowledge of derivative trading, equity trading and portfolio management. “We believe that excellent product experience coupled with supreme customer support, value added services and regulation state of mind will provide the community of traders with the ultimate platform to trade cryptocurrency in a safe and secure environment,” said Invest.com cofounder Itai Avneri. “Our goal is to become the most reputable platform in the EU and later in numerous countries across the globe.”
Bittrex will handle trade execution while Invest.com takes care of marketing, sales and compliance. Interested parties can now register for the service.
BIS Chief Rages at Cryptocurrency
Yesterday we reported on the Bank for International Settlements’ (BIS) assertion that the decentralized nature of cryptocurrencies is in fact a weakness. It’s since emerged that its rotund leader Agustín Carstens has complained that young people should “stop trying to create money” in the form of cryptocurrency. Only banks are allowed to do that, apparently. Carstens also took the time to share the kindly advice that cryptocurrencies are “a bubble, a Ponzi scheme and an environmental disaster.” The crypto community took the BIS’ chief’s wisdom in their usual measured manner. “Keep dismissing
