Category: Cryptocurrency

fca warning
November 14, 2017 BY Valentina Kirilova

FCA issues warning about the risks of investing in cryptocurrency CFDs

The UK Financial Conduct Authority (FCA) has just issued a warning about the risks of investing in cryptocurrency CFDs. The complete text of the regulator's warning can be seen below: Contracts for differences (CFDs), including financial spread bets, with cryptocurrencies as the underlying investment are increasingly being marketed to consumers. These products are extremely high-risk,…

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gkfx trading
November 14, 2017 BY LeapRate Staff

GKFX launches Bitcoin trading on MT4

Spreadbetting, FX and CFDs broker GKFX has announced that it has now joined the growing number of FCA regulated brokers offering their clients the opportunity to trade Bitcoin on MT4. Traders with GKFX will now have the chance to diversify their portfolios and trade BTCUSD and BTCEUR across all account types. Trading Bitcoin on the MT4…

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November 13, 2017 BY Mariela Naydenova

Bitcoin hits $13,900 in Zimbabwe

As bitcoin is now exploding and imploding on a daily basis, going to $8,000 to current lows of $6,300, the "people's currency" thrives in the state of Zimbabwe. Bitcoin seems to offer "rare protection from the onset of hyperinflation and financial implosion", says The Hindu Business Line. Zimbabweans are afraid of their currency losing value…

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November 13, 2017 BY Valentina Kirilova

ESMA issues ICO risk warning

The European Securities and Markets Authority (ESMA) informed that it has today issued two Statements on Initial Coin Offerings (ICOs), one on risks of ICOs for investors and one on the rules applicable to firms involved in ICOs. ESMA has observed a rapid growth in ICOs globally and in Europe and is concerned that investors…

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November 10, 2017 BY Mariela Naydenova

Bitcoin down with $1,000 after upgrade is called off

Bitcoin price is tumbling with around $1,000 after the upgrade that was scheduled to take place on the 16th of November was called off. Now, investors seem to invigorate interest towards Bitcoin Cash (BCH). After Bitcoin reached an all-time high of $7,800 in the past few days, after SegWit2x was cancelled, the current price is…

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November 09, 2017 BY Mariela Naydenova

ICOs vs. IPOs - who's going to win?

ICOs, or initial coin offerings, seem to have replaced the IPOs, the initial public offerings, in hype and attention. With the cryptocurrency market capitalization currently going through $200 billion, it is interesting to note the differences between ICOs and IPOs. An ICO, or an initial coin offering, is a sort of a crowdfunding project, with…

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November 08, 2017 BY Mariela Naydenova

China to develop a domestic digital currency

After banning domestic exchanges from trading bitcoin and cryptocurrencies, the People's Bank of China may be thinking of developing a domestic currency after all. China seems to be eager to join the "cryptocurrency hype", especially after the total market capitalization of digital currencies hit $200 billion, with the major driver being Bitcoin, which surpassed the…

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November 08, 2017 BY Mariela Naydenova

Online gaming - yet another industry disrupted by blockchain

As blockchain has already disrupted industries and countries from Russia to Australia, Malta is not in line to disrupt the online gaming industry through blockchain. Time of Malta reported: "The Malta Gaming Authority (MGA) is leading by example in establishing Malta as a frontrunner in this regard, and, in the White Paper published in July…

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