The Mt. Gox tragedy continues along its slow and dreary trail. Some 24,000 creditors are awaiting any kind of announcement that a possible distribution of recovered proceeds could occur in the not too distant future. The bankruptcy trustee has recovered $400 million by selling remaining Bitcoins during the 2017 to 2018 time period, but the…
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The largest US cryptocurrency exchange, Coinbase, is closing its Chicago office and scales down the development of its matching engine. The news comes from Fortune Magazine. The Chicago office of Coinbase was actually opened in 2018, as the company considered this to be a great move to tap into the city's great financial positioning, as…
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Samsung, the South Korean electronics giant, is reported to be developing its very own blockchain network on Ethereum and also considering the opportunity to launch its very own Samsung Coin in due course. According to press, the blockchain team that is developing the blockchain mainnet based on Ethereum is part of the wireless division of…
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Despite the fact that the cryptocurrency market is up and going in 2019, Ripple has not had a very bright start of the year. The thing is that Ripple has not managed to increase its value to a support level of $0.32 and has declined massively against the USD and BTC. According to analysts, the…
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Bitcoin enthusiasm is sweeping the globe. Price behavior over the past three months for the first-ever-known cryptocurrency has been in a word – spectacular. No longer is the diatribe about more winter, but more about springing into the upper realms of paradise once lost. The general agreement now is that a firm bottom of $3,100…
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The long-anticipated launch of the Bakkt exchange has been delayed twice, with the latter part of 2019 now its expected inauguration, but the reasons for the current delay has escaped everyone in the crypto community because neither the management of the Bakkt exchange nor the folks over at the Commodity Futures Trading Commission (CFTC) have…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 24, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Nasdaq Tests BTC Trading: A leaked demo of bitcoin trading on TD Ameritrade’s platform suggests that mainstream…
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Brokeree Solutions, the Estonia-based provider of high-grade forex technology solutions for forex brokers, has just announced that it has released a bonus management system for MT4/MT5 PAMM solution. Through the Bonus Extension of Brokeree PAMM FX brokers will now be able to create flexible reward schemes and assign credits for new PAMM deposits made by…
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According to a survey, conducted by Coincierge.de, 27% of young Germans believe that bitcoin will more than double in value in 2 years. The poll was taken between 10th – 17th April 2019 and surveyed 2,054 German adults to gauge their attitudes towards bitcoin. At the time of the poll, the bitcoin price was 4,446…
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Multi-asset execution and order management systems company FlexTrade has just announced the latest appointments of Lak Loi and Vahid Shirani as co-heads of sell-side OMS business development for the EMEA region. They both will be based in the company’s London office and will be responsible for expanding the company’s sell-side OMS solutions into the EMEA region.…
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