The US sanctions have taken a toll on the Russian economy and the ruble. Just like other national currencies that experienced a sharp drop in value after the Trump's Administration issued new sanctions, the Russian ruble dropped to a 2-year low in the summer of 2018. However, a Kremlin economist now says that the negative…
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Retail forex broker FXCM Group, LLC has just announced that it has expanded its cryptocurrency offering by adding its second crypto CFD, Ethereum (ETH/USD). The broker released Bitcoin CFD trading back in October 2018 and has added three new CFD products for trading last month. FXCM Group has also launched new products on the DGCX…
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Broctagon NEXUS, a liquidity provider specializing in crypto aggregation, has just announced that it has teamed up with trading technology solutions provider TradAir. The partnership will make it possible to have FX-style, deep multilateral ECN liquidity for cryptocurrencies and will also open up new trading platforms for NEXUS users, allowing them to utilize TradAir’s HTML5 cryptocurrency native trading…
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India can definitely be called "anti-cryptocurrency". Indian banks are now forcing their clients to "promise" not to use Bitcoin. The regulations come from the Reserve Bank of India. Indian banks are "forcing" their clients to sign a contract that says that they will not be using Bitcoin or any other cryptocurrencies. In addition, banks in…
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HBUS, the U.S. strategic partner of the digital asset solutions provider Huobi Group, has just announced the rebranding of their retail trading service from HBUS.com to Huobi.com. HBUS Holdco, Inc. continues to be the company operating the U.S. trading platform. Huobi Global, Huobi Group’s flagship digital asset trading platform, will continue to operate under its own name at…
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Never say never. Ethereum Classic, a spin-off from the original Ethereum network, is still recoiling from the impact of its “51-Percent Attack”, an assault upon its blockchain infrastructure that blockchain supporters have claimed could never happen. Known for its apparent hack-proof nature, blockchain updates are supposed to be immune from compromise, since so many independent…
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Many are predicting that the next financial crisis will hit anywhere in 2020. The cryptocurrency market is going from major highs to major lows, and its market cap is swinging from "strange" numbers such as $500 billion, $300 billion to $728 billion in December 2017. Now, the crypto market cap is around $120 billion. The…
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The idea of a Bitcoin ETF has never left the minds of investors, it seems. In 2018, the SEC turned down more than a dozen applications for a Bitcoin ETF product. The SEC even created a special department that will investigate the essence, purpose and future of the entire blockchain and cryptocurrency industries. 2019 has…
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The cryptocurrency world may have seen better days, given the fact that the crypto world just collapsed, as Bitcoin’s price is again the $4,000 price level and the crypto market cap losing $8 billion. And while ICOs are “regulated” in a variety of ways across the world, some cryptocurrency companies are getting real “muscle” behind…
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Thailand is following in the footsteps of Japan, when it comes to regulating the cryptocurrency industry. Thailand has recently issued its very first licenses to four cryptocurrency exchange applicants. The Security and Exchange Commission in Thailand has already granted four licenses to Bitcoin Co, Satang Corporation, Bitkub Oline Co ltd and Coins TH Co. The…
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