It is a week for holiday travel in the United States, as its Independence Day falls on a Thursday. Since the majority of “non-fake” Bitcoin volume tends to be U.S.-centric, analysts are quick to note any variations that may occur when analysts and traders alike are taking time off to travel to see family or…
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It is always nice to be first at something, and Prime Factor Capital Ltd., a London-based investment management firm, achieved this relatively unique status by becoming the first firm to receive the “green light” from the Financial Conduct Authority (FCA) for its crypto-focused hedge fund. The fund will also fall within the auspices of the…
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CoinEX is one of the leading exchange platforms in the cryptocurrency space. Back in July 2018, Leaprate reported that CoinEX has surpassed Binance by trading volume. The exchange incorporated the so-called “trans-fee” mining model. The model allows exchanges to issue its own tokens and pay these to users in exchange for the regular transaction fees…
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As The Business Times reports IBM and the three largest banks in Australia have joined efforts to test retail financing by the technology of blockchain. The new product is a bank-guarantee platform that is used by shopkeepers. The platform has a shared database. If the project is successful, this will be the very first application…
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The UK’s regulatory watchdog was in the press again yesterday. Per its press release: The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets. The FCA considers these products are ill-suited to retail consumers who cannot…
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Whoa, Mark Zuckerberg! The bloom is off the Libra rose! After weeks of hype and never-ending worldwide acclaim, the reality of promoting an independent, global cross-border payment system utilizing cryptos and blockchain technology just came home to roost. Not everyone, especially those in the U.S. government, is wildly enamored with the intriguing Facebook proposal. Democrats…
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Critics of Bitcoin have often pointed to its price volatility as an issue and reason why it could never be considered a secure “store of value”, but a Wall Street veteran of 22 years, Caitlin Long, has built an intellectual argument, which posits that, by design, the world’s favorite cryptocurrency provides systemic stability versus price…
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After rocketing toward $14,000, Bitcoin is now struggling to find support at the $10,000 level. It fell below this important benchmark for a short period, but has now rebounded back to the $10,600 plateau. Several noteworthy analysts predicted that a test of this territory had been missed weeks back and might occur, but others have…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Bitcoin Trader. Bitcoin Trader Website: bitcointraderspro.com Phone: +1.4806242599 Email: [email protected] Reason for warning: The regulator shared that Bitcoin Trader could be operating a scam. The FMA has received a complaint from a New Zealand resident about a misleading advertisement…
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As traders, we are always taught to search for unique patterns in pricing behavior in the market that repeat under certain conditions, the idea being to get an “edge” that will tip the odds in our favor. By following this tried and true advice, one can achieve the necessary 60%+ record of net-dollar trade gains,…
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