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Thailand’s stock exchange eyes on cryptocurrencies

Summary:

  • Some US grocery stores allow to purchase virtual currencies
  • Thailand’s stock exchange eyes on cryptocurrencies
  • Bitcoin still trades between $3500 and $3600

Friday’s trading has not brought any more spectacular movements looking at top cryptocurrencies. The largest three virtual currencies - Bitcoin, Ripple, and Ethereum - have been trading quite faintly thus far. According to CoinMarketCap, the capitalization of the whole cryptocurrency market stands around the $122 billion mark, and the largest virtual currency Bitcoin accounts for roughly 52.5% of this value.

Bitcoin (BITCOIN on xStation5) experienced two consecutive bullish candlesticks on a daily chart, but Friday’s trading has brought a slight loss thus far. Nevertheless, Bitcoin has been moving rather flatly and calmly. Source: xStation5

Some US grocery stores allow customers to buy virtual currencies

Coinme, the first state-licensed Bitcoin ATM company in the US, announced on Thursday that it was teaming up with Coinstar. As a result, customers of some Safeway and Albertsons stores in three states - California, Texas, and Washington - could purchase cryptocurrencies through coin-counting Coinstar kiosks. Nevertheless, the company also indicated the possibility to extend such services to another American markets and retailers (of course, in a case of a successful launch of the mentioned services).

Ethereum (ETHEREUM on xStation5), like its bigger peer Bitcoin, saw two days of rather flat performance. The cryptocurrency is trading around the $120 handle at press time. Source: xStation5

The Stock Exchange of Thailand eyes on virtual currencies

The Stock Exchange of Thailand (SET) wants to get a digital asset operating licence from the country’s Ministry of Finance, and to launch a new exchange becoming a digital asset exchange, as the Bangkok Post reported yesterday. Pattera Dilokrungthirapop, the Vice-Chairwoman of the SET’s Board of Governors, said that the stock exchange wanted to catch bigger and bigger investment trend of digital assets, as the Thailand’s newspaper wrote. Moreover, Mrs. Dilokrungthirapop also added the Stock Exchange of Thailand wanted to speak with its members to successfully launch the mentioned digital asset exchange.

Ripple (RIPPLE on xStation5), the second largest cryptocurrency, has been trading rather flatly so far today. Source: xStation5.

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