Bitcoin's price is currently around $10,300 at the time of this writing - but not everywhere, it appears. On Kraken, Bitcoin was trading for $12,000 per coin due to an order matching glitch that the exchange has identified to be the reason for the abnormally high price of the coin. The bug was first noticed…
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The Mt. Gox bitcoin hack is probably the most vivid example of how fragile the cryptocurrency world has been in the near past. Mt. Gox was a bitcoin exchange based in Japan that handled over 70% of all bitcoin transactions around the world, and was the leading crypto exchange during 2010 - 2014. However, Mt.…
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The crypto financial press has been inundated with recent articles discussing Bitcoin dominance and how it might be sounding the death knell for Altcoins. An Altcoin death narrative seems a bit extreme a position to take at this juncture in the crypto evolutionary cycle, but authors are speaking in terms like “survival of the fittest”…
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The Greenwich Associates (GA), a global analytics and consulting firm based out of Stamford, Connecticut, has published a new report, which sounds an alarm bell that blockchain technology, i.e., Distributed Ledger Technology (DLT), when applied to the cross-border payments space, could be overly disruptive and undo financial arrangements that have evolved over centuries. The report…
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LeapRate Exclusive… Stefan Deiss is the co-founder and CEO of BLOCKCHAIN PROPULSION, a global accelerator program designed to build start-ups and enterprises into successful blockchain-powered businesses. Stefan joins Leaprate today to talk about BLOCKCHAIN PROPULSION and the blockchain/cryptocurrency industry in Switzerland. LR: Hi, Stefan, happy to have you at Leaprate. As a start, could you…
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The world of Mergers and Acquisitions can be fascinating, when it grabs financial headlines to broadcast the latest corporate “marriage” or at least the potential of one, barring any mishap with regulators and government officials that worry about anti-trust implications. Many of these mega-deals, just like many other relationships, can also end in “divorce”, hopefully,…
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Kristalina Georgieva has become a household name in the financial industry. Mrs. Georgieva is a well-known Bulgarian economist and the sole contender for the role of Managing Director of the IMF. Since 2017, she has served as the Chief Executive of the World Bank and also as an Acting President of the World Bank Group…
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Crypto enthusiasts have been waiting a year for the launch of the Bakkt exchange, the brainchild of the Intercontinental Exchange (ICE), the owner and operator of the New York Stock Exchange (NYSE). Circle September 23rd on your calendar as the official “Go Live” date, but the lead up has included required deposits and beta testing…
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New Zealand Financial Markets Authority (FMA) has recently added another name to its list of unregulated firms. The latest addition is the company Ashwood Holdings Limited. According to the regulator, Ashwood Holding Limited and www.ashwoodholdingsltd.com could be involved in a scam which is associated with Grace Investment, Regal Investment, and Duke Valentines Limited. It is…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 13, 2019. See details below: FOREX The Euro continues to rise and is currently at $1.11, having recovered from 2-year lows in the immediate aftermath of yesterday’s ECB announcement, when it traded at $1.09. Despite the announcement of a rate…
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