Daily Market analysis
January 17, 2020 BY Valentina Kirilova

Daily market commentary: European shares are up

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 17, 2020. This is not a trading advice. See details below: FOREX Friday’s trading session began with optimism taking over the market sentiment. The positivity came mainly from China, where industrial production and retail sales both exceeded the forecast, appearing…

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Bitcoin
January 16, 2020 BY Mariela Naydenova

Bitstamp and Silvergate Bank launch Bitcoin Collateralized Loans

Bitstamp is a Luxembourg-based crypto exchange that has teamed up with Silvergate Bank for their new product called SEN Leverage. SEN is an abbreviation for Silvergate Exchange Network that allows for 24/7, real-time withdrawal and deposits of US dollars. Silvergate Bank is a California state-chartered bank. Since the launch of the network, some of the largest…

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January 16, 2020 BY Mariela Naydenova

Anchorage starts crypto trading services, acquires Merkle Data

The cryptocurrency custodian company Anchorage has just moved to crypto trading services for its customers, allowing them to trade digital assets directly with vault-stored money. The announcement came on January 15th. Based in San Francisco, Anchorage just acquired the data analytics company Merkle Data. While the amount of the transaction was not disclosed, the move…

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asic warning
January 16, 2020 BY Mariela Naydenova

The first warning about IEOs by the US SEC is out

The SEC has issued its first warning regarding Initial Exchange Offerings (IEOs), potentially decreasing any future interest in cryptocurrency offerings on exchanges. The SEC is urging investors to be careful about any "promises" made in regards to IEOs. This is what the US financial watchdog said to the general public: Claims of new technologies and…

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cryptocurrency
January 16, 2020 BY Mariela Naydenova

Crypto derivatives platform Blade to offer zero-fee crypto trading

The Coinbase-backed crypto derivatives platform Blade has announced on January 15, 2020 that it will offer zero-fee trading for its clients beginning next month. With this service, Blade will become the very first crypto exchange that offers zero-fee trading in bitcoin perpetuals. These perpetuals are contracts with no expiration date that resemble a margin-based spot…

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Kraken
January 16, 2020 BY Mariela Naydenova

Kraken acquires Australian crypto exchange Bit Trade

Kraken, one of the largest US cryptocurrency exchanges is expanding. It has completed the acquisition of one of Australia's first crypto exchanges (launched in 2013) - Bit Trade. The information comes from an official press release sent out by Kraken. According to press, Bit Trade's website will continue to operate in its usual manner since…

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FlexTrade adds Paul Beatty to team
January 16, 2020 BY Valentina Kirilova

Fintech company TreasurySpring names John Bentley Head of Sales

London-based fintech company TreasurySpring has announced that it has added John Bentley to its team as Head of Sales. Bentley will lead a five-person sales team and will be responsible for the firm’s expansion strategy, direct sales, as well as driving additional growth through third party distribution partnerships. Prior to TreasurySpring, Bentley worked for HSBC…

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Euronext
January 16, 2020 BY Valentina Kirilova

Euronext acquires 66% of the share capital of Nord Pool

Euronext has announced earlier this week that it has completed the acquisition of 66% of the share capital and voting rights of the Nord Pool group, after receiving regulatory approvals. Nord Pool is the second largest power market in Europe - LeapRate reminds that in 2018, the company generated c.€40 million revenue and 524 TWh…

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Daily Market analysis
January 16, 2020 BY Valentina Kirilova

Daily market commentary: Lower volatility on gold

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for January 16, 2020. This is not a trading advice. See details below: FOREX Despite the signing of a ‘Phase One’ trade deal between the US and China, which was supposed to reassure the markets and drive risk-on sentiment, trading has been…

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