Blockchain company Huobi DM has just announced that it has expanded its cryptocurrency contract trading services to include EOS. We've seen a great response to our Bitcoin and Ethereum contract services from a broad range of sophisticated traders," said Huobi Global CEO Livio Weng. "Along with that, we're also seen a strong demand to expand Huobi DM…
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Euronext, the pan-European exchange in the Eurozone, has announced that it has raised its commitment to 50.6% of Oslo Børs VPS Holding ASA (Oslo Børs VPS) shares in the context of the tender offer to be launched. The exchange has first informed the public last week that it has raised its commitment to 49.6% (pre-commitments from…
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UK financial regulator Financial Conduct Authority (FCA) has just announced that has started an investigation into the affairs of London Capital & Finance Plc (LCF). The regulator has already directed LCF to withdraw all of its existing marketing materials in relation to its Fixed Rate ISA or Bond. The complete FCA decision can be seen below: The…
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First Republic Bank (NYSE:FRC) is going to replace SCANA Corporation (NYSE:SCG) in the S&P 500 index, as announced on Spindices.com website earlier. S&P 500 constituent Dominion Energy (NYSE:D) is acquiring SCANA Corporation in a deal expected to be completed soon pending final conditions. The replacement is expected to happen prior to the open of trading on…
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Despite recent tumbling prices and a mild recovery in the crypto space, optimism is growing over major projects that plan to go live in 2019. One of the major programs will be Bakkt. Its platform “will allow institutional customers to perform various operations with digital assets as part of a seamless global network”. The mastermind…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company McIntyre Capital Group. McIntyre Capital Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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Just like Gold and Silver in the precious metals arena, Bitcoin and Ethereum have their own unique relationship in the crypto realm. It became apparent, however, in last week’s trading that the two cryptocurrencies can diverge, causing analysts to speculate on why such a divergence took place. How much of a divergence are we talking…
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The QuarkChain network is a peer-to-peer network based on blockchain, able to process up to 1 million transactions per second. Called by many the "the project to watch", QuarkChain incorporates a special design that allows for high throughput and quick, efficient distribution of data. According to Hacked, QuarkChain, with its special features, will be the…
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The largest bank in Kuwait, the National Bank of Kuwait, announced that it will integrate Ripple to its online banking system for the facilitation of cross-border payment transactions. The Ripple service will be available to all of the bank's users who have access to online banking 24/7. The new transfer service is now available to…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 27, 2018. Highlights include: Dow Shatters Single-Day Record: One trading day after US indices officially entered a bear market, the Dow rose 1,086 points — its largest single day gain of all time. These…
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