Category: Cryptocurrency

Huobi DM volumes
May 18, 2020 BY Steffy Bogdanova

Huobi Group rebrands its derivatives exchange to Huobi Futures

Spokesperson and the Head of Huobi Global Business, Ciara Sun, said: The last few quarters have been particularly exciting for the crypto derivatives market, but I'm more excited that the increased activity we're seeing today may be a catalyst for widespread crypto adoption. Rising demand for crypto derivatives from both institutional and retail user bases…

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Ripple CEO on speaking trail, but draws criticism for rewriting XRP history
May 15, 2020 BY Steffy Bogdanova

Ripple to launch loan product offering for RippleNet users

Ripple says the new product manager will oversee how the company can assist customers with working capital loans. He will be responsible for creating the relevant structures for execution of the loan offering, as well as developing the risk capabilities to understand how to price new loan offerings. Working capital loans are usually need by…

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May 13, 2020 BY Steffy Bogdanova

Bitfinex teams up with Koine to launch institutional grade custody solution

Bitfinex offers the provision of algorithmic trading to its clients and through is collaboration with Koine, delivers a trading environment for institutional investors. It also provides fund managers with a separate custody solution while also maintaining continuous ownership throughout the trade lifecycle. With cross-venue operation and real-time settlement, with cleared funds, algorithmic traders can dramatically…

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May 13, 2020 BY Steffy Bogdanova

JPMorgan to offer services to bitcoin exchanges Coinbase and Gemini

The multi investment bank is providing cash-management and dollar-based transaction services for the two exchanges’ US customers, as well as processing wire transfers and deposits and withdrawals using an electronic funds-transfer system. Coinbase and Gemini’s customers will be able to move money between their cryptocurrency accounts and their traditional bank accounts with the transactional services…

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May 13, 2020 BY Steffy Bogdanova

Bitcoin “halving”, what’s next?

Jean-Marie Mognetti, CEO of CoinShares - a digital asset manager said: The rest of the world needs to either keep printing money or see their own currency eroding drastically in front of the unbeatable dollars. Turkey, Brazil, or Argentina are the perfect examples of this. Consequently, in a world where investors continue to seek protection…

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Kraken
May 04, 2020 BY Steffy Bogdanova

Crypto exchange Kraken adds 11 new conversion pairs

Previously, converting Bitcoin Cash (BCH) to ETH on Kraken took two different trades and with the new BCH/ETH conversion pair, it can be done directly. The new addition expands Kraken’s total number of trading pairs to 155, including more traditional FX trading pairs Kraken launched about six weeks ago. The exchange added the new pairs…

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cryptocurrency
April 30, 2020 BY Steffy Bogdanova

New common standards for crypto custody and management issued in Switzerland

Fedor Poskriakov commented: This will greatly contribute to the emergence of fully digital capital market infrastructures, including integrated custody and secondary trading venues. The benefits of the digitalization of the financial industry are such that the evolution towards decentralized infrastructures seems inevitable. The CMTA highlighted that storage of digital assets is significantly different from traditional…

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