All tsunamis, unfortunately, are a series of waves, not a single destructive wave that wreaks havoc and then quietly subsides. The same might be said metaphorically about the recent establishment attack over the past two weeks against Facebook and its Project Libra. A second wave is due, and it appears that Steven Mnuchin, the U.S.…
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Bitcoin just broke through $10,000, the third time this month, but it soon dipped below this psychological 5-digit barrier, which has turned formidable of late. As we noted in a previous article, the world’s favorite digital currency appears to be in consolidation mode, curiously forming its fifth stair step, since launching from $3,122 in late…
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The story of Venezuela and its affinity towards cryptocurrencies to save the economy is a very dynamic and interesting one. The President of Venezuela, Mr. Nicolas Maduro has embraced digital currencies as a way to fight back the plunging bolivar and the restrictive US sanctions imposed on the country. What has killed the economy, however,…
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The US uncertain regulatory environment may have forced Circle to move its exchange operations in Bermuda. Circle has obtained a digital asset license to operate in the less restrictive crypto country. In terms of the strategic move, this is what the Circle team said: While many governments around the world have not kept pace with…
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With a fleet of 195 aircrafts servicing over 500 routes, Norwegian Air is one of the giants in the air travel industry in Europe, and now the company will allow its passengers to buy their tickets with none other but Bitcoin. However, the air travel giant is not stopping here - according to Yahoo Finance…
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TradAir, a provider of institutional trading solutions for FX and Digital Assets, has just completed an $11M Series D round, led by new investors GF Investments and the family office of Harvey Golub, former Chairman and CEO of American Express. Over the last year, TradAir has delivered strong financial, product, and operational performance, including 45%…
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DriveWealth, LLC, a U.S. based global digital trading technology company, has just announced that it has teamed up with Vested Finance, a U.S. registered investment adviser (RIA) serving the retail investor market in India. The DriveWealth platform is launching broadly today and aims to give individual investors in India seamless digital access to the U.S.…
Read moreMati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 25, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, The reasoning wasn't entirely apparent to me at the time but thanks to a bit of crowdsourcing…
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FX brokerage trading arm of the Polish Alior Bank SA, Alior Brokerage House, has announced earlier that it has selected TradAir as a technology provider to improve the execution in local and global currency trading. TradAir connected Alior to a variety of direct liquidity providers and utilizing its sophisticated low latency execution engine and execution…
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A constant refrain from crypto skeptics has always been that cryptos and the blockchain technology that supports them enable the criminal element in our society to easily hide their nefarious activities, such as money laundering, drug trafficking, funding terrorism, illegal arms dealing, child pornography, and on and on. Skeptics and criminals, however, have mistakenly believed…
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