Photo: Tesla / TwitterWe all know how the Chinese are very protective of their domestic economy and how they don’t let anybody come and just set up a business within their borders for domestic consumption without strict controls. Tesla seems to have been able to jump through all the hoops and regulatory processes required to be able to manufacture electric vehicles in China sources indicate.In what seems to be a first for China, this is the first time that the government will be allowing the...
Read More »The Evolving Role of Exchanges
Photo: ShutterstockThe role of a digital asset trading platform has advanced well beyond a forum to arrange trades between buyers and sellers.This expanded role carries with it an evolving set of expectations from speculative traders and investors. It becomes imperative for them to understand the multi-faceted role of a trading platform, and different aspects of cooperation between digital asset projects, the platform, and supporting agencies referred to as Liquidity Specialists or...
Read More »Will Bitcoin Repeat Its November 2018 Behavior?
It’s Friday, October 18, 2019, and once again, everybody’s favorite cryptocurrency has fallen into the $7,000 range. Yesterday, we reported that bitcoin was potentially back above $8,000 and likely to experience greater swells from here, but it appears there’s still cause for concern.Bitcoin Again Heading for LowsBitcoin has been moving up and down for roughly one month. The late September bloodbath that ultimately caused the currency to lose about $1,400 in just a matter of minutes seems to...
Read More »Binance Futures Beginner’s Guide & Exchange Review: How to Trade
Binance recently launched a futures trading platform – Binance Futures – that allows traders to use leverage and to open both short and long positions. After our first look and test positions, we can say that the platform is very similar to that of Binance’s spot exchange, which makes the transition very easy. The user experience is just as smooth, and trading is relatively simple.Quick NavigationBinance Futures Security 9.9 Coin Variety 7.0 Liquidity 9.8 ProsBinance-branded productHigh...
Read More »Privacy Centric Crypto-Powered Brave Browser Hits 8 Million Active Users Monthly
The cryptocurrency-browser privacy-focused web browser Brave has recently attained a new milestone reaching 8 million monthly active users. Brave, with its powerful vision, aims to revolutionize the online browsing and advertising experience for its users.Now 8 million monthly active users for Brave, & nearly 400 privacy-preserving ad campaigns (with a stellar 14% click-through rate, compared to 2% industry average)! Thank you to all our users and partners as we expand our platform for a...
Read More »Ripple Price Analysis: XRP Bullish Against Bitcoin, But Can It Break Above $0.30?
XRP saw a price decline of around 2% over the past 24 hours and it currently trades at $0.29. This latest decrease is largely due to the fact that BTC fell by 2.10% over the same period. Against Bitcoin, XRP is performing relatively well as it continues to make higher highs during October 2019. XRP remains the third-largest cryptocurrency with a market cap of $12.57 billion.Looking at the XRP/USD 1-Day Chart:Since our previous XRP/USD analysis, the cryptocurrency made another attempt at the...
Read More »Telegram Argues that Its Gram Token Is Not Security
Telegram’s launch of its TON blockchain and GRAMS token has hit yet another brick wall because the United States Securities and Exchange Commission (SEC) has taken the issue of the launch of their tokens before a court. In a filing two days ago, the messenger app organization asked the United States District Court for the Southern District of New York to deny the SEC the preliminary injunction. Just for reminder, the SEC had asked for it a filing of its own last week requesting Telegram to...
Read More »Huobi to Launch Fiat Platform with Lira-Tether Pairing in Turkey in Q4 2019
Huobi, a leading global crypto exchange, announced that it plans to launch a fiat gateway in Turkey. If successful, the platform may increase access to over 250 digital tokens for the local investors.Mohit Davar, Huobi’s EMEA regional president, is convinced that this will prove to be a worthwhile investment. He said that the move has come amidst Turkey’s efforts to set up a clearer legal infrastructure for the cryptocurrency market. Reports show that many people in the country already hold...
Read More »Charles Schwab Brokerage Firm will Allow Investors to Trade Fractions of Stocks
Charles Schwab, a San Francisco-based bank and stock brokerage company, has announced they will allow their clients to buy and sell fractions of stocks. The initiative aims at attracting the interest of young investors to Charles Schwab and makes it the first online brokerage that offers its customers such an opportunity.The announcement follows the company’s decision to eliminate trading commissions for U.S. stocks, ETFs and options trades earlier this month, which led to other brokerage...
Read More »8Pay Sponsors DeFi Project of the Year 2019 Award at Europe’s Largest Blockchain Conference
[PRESS RELEASE]8Pay, an automated payment solution built on the Ethereum network, will sponsor the DeFi Project of the Year Award at the forthcoming Malta AI & Blockchain Summit.Europe’s largest blockchain conference will host creative minds from the industry and recognise the year’s milestones and achievements on 7 November at Malta’s Intercontinental Hotel.As well as luminaries from the world of blockchain, the biennial event will bring together figures from sectors such as robotics,...
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