Bitcoin prices are surging again, testing the $4,000 psychological level once more and doing their best to convert this formidable resistance plateau to one of support. If Bitcoin is to accelerate to higher realms, it must build a launching pad from which to do so, but analysts remain confused as to what is driving this…
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The following article was written by ATFX Chief Analyst of Asia Pacific, Martin Lam. Personal opinions today: On Thursday, the British House of Commons voted again on the British Prime Minister to submit a new Brexit amendment. If it is rejected again, the Prime Minister must extend the deadline for the European Union to leave the…
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Crypto Winter’s consequences are now reaching global standard setting bodies for the banking establishment. Up to now, crypto related assets have been below the radar, so to speak, from an overall risk perspective, but the Basel Committee on Banking Supervision (BCBS), under the auspices of the Bank for International Settlements (BIS), has sent a directive…
Read moreIt was one more week of churn, as the Brexit train hurdled down the track to who knows where. Even after two years of divisive debates, we seem no closer to a final decision. The options remain: delay, leave, or stay, with the latter looking dimmer everyday. The March 29 deadline is fast approaching, however,…
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It’s Friday. It must be time for another update on the continuing saga of QuadrigaCX, the beleaguered Canadian crypto exchange that has re-written the book on how not to operate an exchange of any kind, while handling other people’s money. Now Gerald Cotten’s poor widow would have us believe that, out of the goodness of…
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IBM (NYSE: IBM) is continuing its foray into the crypto space by releasing its beta version of its custodial solution for digital assets through a third part, Shuttle Holdings, a New York investment firm. Its forthcoming Digital Asset Custody Service, or “DACS” for short, is built upon IBM’s private cloud and encryption technologies, coupled with…
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In order for cryptocurrencies to gain widespread public acceptance as something other than a pure investment vehicle, the process for making payments or transfers must be convenient, straightforward, and easy to do. Trust and confidence can only come from this triad of sorts, and the Foundation for Interwallet Operability (FIO), a concerned group within the…
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If there is one thing that troubles regulators and law enforcement officials the world over about cryptocurrencies, it is the fact that the criminal element in our society is given free rein to gallop about the blockchain of its choice, knowing full well that the anonymity of the technology will disguise its every move. A…
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This article was written by Shobin Mathew Simon, Institutional Sales Associate at Advanced Markets Group. The European Securities and Markets Authority (ESMA) has implemented a range of measures intended to protect retail clients who are trading leveraged products, such as CFDs. The product intervention measures mandated by ESMA, under Article 40 of the Markets in…
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It is always encouraging for crypto enthusiasts when one of the titans of Fintech makes a demonstrative move in the crypto space. These moves are what must happen in order to raise public awareness to the next level, and one such highly anticipated move has been the development of a Facebook-based cryptocurrency, FaceCoin. The social…
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