Fujitsu creates digital identity exchange technology on blockchain LeapRate

July 05, 2019 BY Mariela Naydenova

Fujitsu creates digital identity exchange technology on blockchain

Fujitsu Laboratories creates artificial intelligence and innovative computing solutions for their clients. The company has recently announced that it will develop a digital identity exchange based on the technology of blockchain that will prove reputation and the validating of users. The idea is to enable stakeholders in different online transactions to verify the other party’s…

July 05, 2019 BY Mariela Naydenova

Bitcoin tends to surge during holiday periods, even if sentiment is negative

It is a week for holiday travel in the United States, as its Independence Day falls on a Thursday. Since the majority of “non-fake” Bitcoin volume tends to be U.S.-centric, analysts are quick to note any variations that may occur when analysts and traders alike are taking time off to travel to see family or…

July 05, 2019 BY Valentina Kirilova

Daily market commentary: Asian stock markets registered small gains overnight

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 5, 2019. See details below: GOLD Investors are all focused on the NFP figures expected in a couple of hours from the U.S. and gold, currently traded at $1,410/1,420, is showing little volatility. From a technical point of view, we…

July 05, 2019 BY Valentina Kirilova

UK’s FCA steps forward to approve first cryptocurrency hedge fund

It is always nice to be first at something, and Prime Factor Capital Ltd., a London-based investment management firm, achieved this relatively unique status by becoming the first firm to receive the “green light” from the Financial Conduct Authority (FCA) for its crypto-focused hedge fund. The fund will also fall within the auspices of the…

July 05, 2019 BY Mariela Naydenova

CoinEX lists NEM (XEM)

CoinEX is one of the leading exchange platforms in the cryptocurrency space. Back in July 2018, Leaprate reported that CoinEX has surpassed Binance by trading volume. The exchange incorporated the so-called “trans-fee” mining model. The model allows exchanges to issue its own tokens and pay these to users in exchange for the regular transaction fees…

July 05, 2019 BY Mariela Naydenova

IBM and Australian banks partner on the first retail financing solution on blockchain

As The Business Times reports IBM and the three largest banks in Australia have joined efforts to test retail financing by the technology of blockchain. The new product is a bank-guarantee platform that is used by shopkeepers. The platform has a shared database. If the project is successful, this will be the very first application…

July 04, 2019 BY Valentina Kirilova

FCA warns against several unauthorised firms

UK financial regulator Financial Conduct Authority (FCA) have issued their latest warnings against several unregulated financial services providers targeting UK consumers. The FCA’s latest warnings are against the companies: Hill Law Associates Address: 150 S Wacker Dr, Chicago, IL, 60606, USA Telephone: +1 855 500 1057 Email: [email protected] Website: www.hill-lawassociates.net Levenson Corporate Partners Address: 2258…

July 04, 2019 BY Valentina Kirilova

GBE brokers launches MT5 with hedging

CySEC licensed financial services firm GBE brokers announced earlier today that it has started offering the MetaTrader5 platform to their clients. The company also operates the GBE Prime liquidity brand. The GBE CEO, Rifat Sayim, commented: We are delighted to offer the technically advanced MetaTrader 5 platform to our clients. It will offer traders with…

July 04, 2019 BY Valentina Kirilova

FX Back Office teams up with Fintech company Tradesocio

Global forex CRM and back-office provider FX Back Office just announced that it has teamed up with the FinTech company Tradesocio. Tradesocio’s technology suite includes a full array of mirror trading, separately managed accounts, investment management and digital wealth advisory solutions alongside middle and back-office service stations. Boasting over 1 billion in assets managed via…

July 04, 2019 BY Valentina Kirilova

Daily market commentary: Gold is declining but holding well

ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 4, 2019. See details below: GOLD After a new rally yesterday, gold is declining but holding well above the support level of $1,400. Investors are waiting for NFP figures from the US and are trying to understand how this data…