If cryptocurrencies are to gain the global acceptance necessary to expand and prosper, can the industry achieve that goal by ignoring 23% of the inhabitants on our planet? In much the same manner as the retail foreign exchange trading industry created special Islamic accounts and processes that were in compliance with Shariah law, it would…
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The following article has been exclusively prepared for LeapRate by the TradeTools FX technology group. The TradeTools FX technology group was founded in 2008 by a group of highly experienced IT professionals with the goal to create simple, secure and user friendly solutions for the FX market. LeapRate Exclusive... TradeToolsFX has just launched a new…
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The Crypto-verse is multi-faceted, with several moving parts and just as many active participants in the current Bitcoin phenomenon. Yes, BTC is not the only token that has been rising quickly, but when you take into account that Bitcoin’s share of the market has risen from 50.5% in March to 56.1% at current prices, you…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 16, 2019. The text below is an excerpt and does not contain the full analysis. Today's Highlights Hit em in the Bonds Bitcoin Cycle Visualized Alts Catching Up Please note: All data, figures &…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 13, 2019. The text below is an excerpt and does not contain the full analysis. Traditional Markets Of all the theories about why crypto is skyrocketing at the moment, there's one that I wanted…
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It should come as no surprise that crooks also know the benefits of outsourcing, especially when it comes to money laundering. To perform the entire operation on your own would require a multitude of phony companies, bank accounts, and the ability to transfer and deposit at will, not exactly what a common thief could build…
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If the crypto blockchain is anything, it is transparent, but only to a degree. Account addresses and their balances are in full public view. Researchers are free to slice and dice the data in a myriad of ways, but what they cannot see, unless it is publicly disclosed, are owners of particular accounts. The top…
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It comes as no surprise to many that laws regarding cryptocurrencies can vary widely by national jurisdiction. Government officials the world over are having difficulty classifying the new digital asset age according to existing statutes. On top of that issue, each country may have several agencies with overlapping responsibilities that can confuse the situation even…
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The leading messaging app in China, WeChat, has banned all of its merchants from engaging in crypto-related transactions. WeChat, owned by giant Tencent, introduced the new ban on April 30th, 2019. The update to the Payment Service Protocol states that all merchants using the app’s services cannot be involved in any virtual currency trading transactions…
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We sometimes forget that our regulatory bodies have more to do than just look at crypto exchanges and the markets they serve. Representatives of these august bodies often have speaking engagements in other industry sectors, where they often share their opinions on the major topics of the day. For example, the Chairman of the U.S.…
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