Ripple, XRP, hit $1,30 on Thursday, December 28th, when it was around $0.25 per coin in December, earlier this month. The new all time high only signals the happy Ripple investors, who, unlike Bitcoin investors, seem to be on a roll this month. According to Business Insider, Ripple has increased its value with 71% this…
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After receiving more than $1 million in dividends from its China JV DragonFinancials, binary options platform provider TechFinancials Inc (LON:TECH) is continuing its diversification away from binaries by plowing some of that cash into its Cedex.com joint venture. As we reported in October, TechFinancials set up Cedex.com as a JV with private banking expert Saar Levi. Cedex (CErtified…
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The price of bitcoin has shot up from $1,000 to $20,000 in 11 months while other popular cryptocurrencies like Ethereum, Ripple and Dash have increased in value even faster. Virtual currency is quite volatile these days, and here's LeapRate's recent conversation with Edwin Dearborn, CMO at e-Chat, who gives his expert commentary on virtual currency…
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Binance, a cryptocurrency exchange that was launched just five months ago, became the largest exchange in the world by trading volume with $2.8 billion traded since Tuesday according to data from Coinmarketcap.com. The company recently stated they had now reached 2.9 million users on their platform since their launch in July of 2017. “We are…
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After Segwit2x was planned to happen in mid November this year, the fork was unexpectedly cancelled, leaving many Bitcoin enthusiasts wondering what is going on within the Bitcoin community. Now, a month later, the new fork is set to launch again. The new announcement was made on the 16th of December, with plans for the…
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Following Bitcoin’s latest tumble, Mark Ward, head of trading at Sanlam UK, has examined why the virtual currency is so volatile and shared the three reasons that will shape the future of the cryptocurrency. Seldom a week goes by without mention of Bitcoin in the news – from commentators predicting it to be the swindle…
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Russia's National Settlement Depository (NSD) has announced that it has closed the country's first transaction issuing commercial bonds based on blockchain technology. And apparently it was a large success, with increasing demand for more. The NSD stated that on December 22, a RUB 500 million (USD $9 million) commercial bond issue of MegaFon was paid…
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A number of news outlets in Israel have reported that the country's Ministry of Finance, in conjunction with the central Bank of Israel, are looking at creating a state-sponsored cryptocurrency. The reports cited anonymous government sources. According to the reports, the move is being looked at as part of an initiative to reduce dependency on…
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Adding its voice to British Columbia regulator BCSC's recent warning against trading with USI-TECH, an online Bitcoin and Forex trading platform based in Dubai, the Manitoba Securities Commission (MSC) has added its voice in issuing a warning about the company. According to the MSC, USI-TECH is an Internet-based company billing itself as an ‘automated Bitcoin…
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Three weeks after the approval of bitcoin futures by the Commodity Futures Trading Commission in the United States, Solactive announced that it is launching the Solactive Bitcoin Front Month Rolling Futures 5D Index, an index tracking the performance of XBT futures listed on Cboe Global Markets. On Sunday, 10 December 2017, Cboe made history by…
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