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The British pound spiked around 3 percent against the U.S.dollar on Tuesday, after Prime Minister Theresa May outlined her plan for a clean break between the United Kingdom and the European Union.As of 3:52 p.m.ET, sterling was on track for its best one-day gain since 2008.In her speech, May said the U.K.government will put the Brexit deal it reaches with the EU to a parliamentary vote."The key take away was that any deal will need parliamentary approval which means it could get watered down, lessening the blow from a nasty divorce," said Peter Ng, senior FX trader at Silicon Valley Bank, in a note."May said that she will try to get the best deal possible for the UK but is prepared to walk away from the single market if she doesn't get what she wants."The pound had taken a beating heading into May's speech, having briefly broken below $1.20 on Sunday.Lukman Otunuga, research analyst at FXTM, said in a note that a "decisive breakout and daily close above $1.2350 could encourage a further incline higher towards the next relevant resistance level at $1.2500."

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bitcoin shares per hashThe global finance markets are slipping on Friday after the UK public voted to leave the EU, but there is one currency that is reveling in the uncertainty of the Brexit result: bitcoin.
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The cryptocurrency is notoriously difficult to predict.Its price against the U.S.Dollar rose as high as $1,000 in 2013 and, while it has stabilized somewhat since that landmark valuation, it hit a two-and-a-half year high of nearly $775 on June 17 before cratering nearly 25 percent over the next week.That drop was thought by some be related to the British referendum on continued EU membership, but once the result was clear — with multiple media calling it a win for the Leave campaign — bitcoin grew legs and jumped past $650 just one day after it was at $550, according to data from Coindesk.The price of Bitcoin versus the U.S.dollar today The price of Bitcoin versus the U.S.dollar over the past week That’s not actually a huge surprise given the woeful day the British Pound has endured this far.The currency fell by more than 10 percent to hit a 35-year low against the Dollar, as question marks around how Britain will exit the EU — it would be the first member to do so — how it will find new trade deals, who will be in charge of the government, and more saw the Pound’s depression impact on markets across Asia and the rest of the world.

This is what has just happened to sterling in historical perspective.Literally off the charts./ONG7ky4cyh — John Authers (@johnauthers) June 24, 2016 The UK just crashed the global economy.#/RPKxFrlfvr — Sadistic Statist (@TheXclass) June 24, 2016 Asian markets right now.#/odP2hQ3tRu — Anthony De Rosa (@AntDeRosa) June 24, 2016 Bitcoin looks like a particularly appealing vehicle for offloading the Pound given that peer-to-peer currency services like TransferWise paused working with the currency ahead of the Brexit vote due to potential market turbulence.“With the EU Referendum in the UK on Thursday 23rd June, exchange rates are likely to be volatile.We’ve been putting plans in place so that your transfers continue to be processed as smoothly as possible,” TransferWise told customers earlier this week.London-based TransferWise, which includes U.S.-based Andreessen Horowitz among its investors and is valued at $1.1 billion, cancelled any pending British Pound transfers that were not completed by 8pm UK time on Thursday.

The company told customers it plans to resume operations today, but, at the time of writing, its service has not yet resumed support for the Pound.Update 10AM BST: TransferWise has now restarted GBP transactions.Now you can buy and invest in Dash, Ethereum and Monero on CoinCut with Pound Sterling (GBP).A lot of stuff has been happening behind the scenes – we’ve been busy making CoinCut even better!Here’s our 4 point breakdown of all of CoinCut’s new crypto features?CoinCut customers can now receive bitcoins into their local bitcoin address and bitcoin wallet You can buy Monero (the anonymous altcoin / cryptocurrency) on CoinCut with GBP You can buy Ethereum (the smart-contract altcoin) on CoinCut with GBP You can buy Dash (another anonymous altcoin) on CoinCut with GBP Of course – if you already have Bitcoins (or any coin), then you can easily exchange between two altcoins.Why would you want to do these things when you already have bitcoin?Investment purposes – look at how some of these coins have risen while they’ve been active.