If cryptocurrencies are to gain the global acceptance necessary to expand and prosper, can the industry achieve that goal by ignoring 23% of the inhabitants on our planet? In much the same manner as the retail foreign exchange trading industry created special Islamic accounts and processes that were in compliance with Shariah law, it would…
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Management for Bitfinex and Tether had their day in court, which may have resulted in more disclosures than its executives may have wanted. While the beleaguered crypto exchange and stablecoin manager was alleged to have mishandled cash reserves for Tether’s “USDT” stablecoin, the revelations in the courtroom confirmed what had been rumored for months. Executives…
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CLS is a US market infrastructure company that provides settlement services and a variety of data solutions. In addition, the company offers its clients processing services such as bilateral payment solutions, reporting tools and data compression. CLS has appointed four new members to its board which are the following: Eddie Wen: Mr. Eddie Wen started…
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BrokerTec is a provider of different technology services in fixed income markets and electronic trading platforms. The company is launching a trading solution tool for European Repo markets called BrokerTec Quote RFQ. RFQ stands for Request for Quote. According to press, the new tool will be launched in the second quarter of 2019, of course,…
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The following guest post is courtesy of ATFX Global Chief Market Strategist Alejandro Zambrano. Earlier yesterday, the British Pound slid to a new multi-month low, and it is now trading decidedly lower than its January 1 open price of 1.2754. I think that the price is short-term oversold, but the technical and macroeconomic outlook suggests that…
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Paxful, a peer-to-peer bitcoin marketplace, has just released a series of educational workshops throughout Africa in 2019 in conjunction with the official launch of their wallet app. They have also pledged to continue aiding the growth of entrepreneurship in emerging markets by giving away bitcoin to those who attend the workshop and download the wallet…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 23, 2019. EURUSD The Euro closed lower on Wednesday, closing at 1.1155(-9 pips) against the greenback. The euro was influenced heavily with Brexit yesterday, leaving the EUR/USD pair confined to familiar levels, with the range exacerbated by…
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When in doubt, punt, an old adage that applies when conservative individuals do not have the courage of their convictions to move forward in a positive manner. The SEC has decided, once again, to delay not one, but two decisions regarding applications for the much anticipated Bitcoin Exchange-Traded Fund (ETF). Crypto enthusiasts did not hold…
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As has been the case many times over in recent months, Bitcoin analysts are in a quandary about what will happen next. There is firm agreement that nearly a dozen fundamental factors are converging in such a way as to create a “Perfect Storm” of sorts, the reason many use to explain Bitcoin’s “parabolic” trend…
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Cryptocurrency scams and theft are undeniably two of the largest and most serious problems in the crypto space. Security issues arise almost every month now. The latest “casualty” was Binance, through which hackers stole $40 million in digital coins. The stolen amount was equivalent to around 7,000 Bitcoins at that time. Hackers stole API tokens…
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