Binance Fiat-to-Crypto Exchange Launching XRP, Wall Street Analyst Doubles Down on Bitcoin, and Crypto Real Estate Hits the Middle East
XRP Coming to Binance Jersey
Binance’s new fiat-to-crypto exchange based in Jersey is gearing up to launch XRP.
Binance Jersey currently supports British pound and euro trading pairs with Bitcoin and Ethereum across 57 jurisdictions. The exchange opened to overwhelming demand in January, and according to Binance CFO Wei Zhou, the platform will soon let crypto traders buy XRP.
Soon!!
— Wei (@weizhouBinance) March 14, 2019
Binance is planning to launch about 10 fiat-to-crypto exchanges this year, with Binance CEO Changpeng Zhao hinting that Argentina is the platform’s next destination.
Tom Lee’s New Bitcoin Timeline
Fundstrat founder and head of research Tom Lee says he believes BTC is about six months away from a bull run.
In a new interview with CNBC, Lee says Bitcoin’s fundamentals are stronger than ever, with JP Morgan and Facebook’s stablecoin projects bringing a new level of credibility to the space.
“I think the key number to watch is the 200 day moving average. If Bitcoin holds here around $4,000, it’ll cross above its 200 day by August. So I think the outside window is five or six months before Bitcoin starts to look technically like it’s back in a bull market.”
Crypto Real Estate Launches in Turkey
An international real estate company based in Turkey is giving its clients the option to sell property for crypto. Antalya Homes says customers can now use Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Stellar, Bitcoin Gold and Tether.
“Due to the continually changing market value of cryptocurrency, the amount of cryptocurrency needed at the time of payment will be calculated according to the exact stock exchange value at that time.
Buyers can also choose Bitcoin payment for a percentage of the property, should their value be less than the asking price, or they do not wish to completely exhaust their cryptocurrency investment portfolio.”
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