Bitcoin whales are up again. At the end of the week, bitcoin whales have reportedly moved over $380 million in less than three days. While "whale activity" is quite common especially for the top five cryptocurrencies, no other digital currency even comes close to the amounts moved by Bitcoin "giants". The top five transfers were…
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Steve Wozniak, or as many call him, The Woz, has recently joined an energy efficiency company that develops its product on blockchain. The company is based in Malta. Wozniak announced that he has joined the so called EFFORCE project - a project that allows investors to back up energy efficiency startups around the globe and…
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The cryptocurrency world works in a strange way. Back in 2016 and 2017, it didn't matter if your company was actually involved in blockchain. Only one thing mattered for you to succeed - your company should contain the name "blockchain". And then your share price skyrockets. And then..the 2017 crypto winter came. Fast forward to…
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The Trump Administration has been under fire since its inauguration. One of the most controversial figures is the the United States’s Treasury Secretary, Mr. Steve Mnuchin. Recently, Mnuchin made some interesting comments about cryptocurrencies and VanEck official pointed out a rather amusing phenomenon. Mr. Mnuchin seems to support the cryptocurrency critics stating that Bitcoin and…
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TriOptima, the infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, has just announced that it has completed the first cleared inflation swap compression run at LCH SwapClear. The compression run was completed on July 19 with Euro cleared inflation swaps being compressed through the triReduce service. TriOptima will go live with…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 19, 2019. The text below is an excerpt and does not contain the full analysis. Well, it finally happened... This shouldn't come as much of a surprise to anyone who's been watching the space.…
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The Monetary Authority of Singapore (MAS) has announced that it has teamed up with the Central Bank of Kenya (CBK), signing a FinTech Cooperation Agreement to support digital infrastructure development in Kenya. The partnership aims to develop basic digital infrastructure services for Kenya, including identity, data and Know-Your-Customer utility, based on a set of common…
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The Board of the International Organization of Securities Commissions (IOSCO) has just published a statement on liquidity risk management recommendations for investment funds. The complete text of the statement reads as follows: Liquidity problems which have recently affected some investment funds have been the subject of extensive media coverage. The Bank of England published a…
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Forex and CFD broker ATFX has just announced that it has now opened a new online payment channel in the Philippines, making withdrawals and deposits easy and efficient. The new payment channel enables ATFX to connect with a variety of major banks such as BDO, Unionbank, and Maybank Online Banking, this means transactions are conducted…
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Although recent press reports may contend otherwise, not all central banks are opposed to the notion of cryptocurrencies. The World Economic Forum released a report back in April that revealed that there are several ongoing central bank led projects that involve blockchain technology in support of what is called a Central Bank Digital Currency (CBDC).…
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