Markets

Top electronic payments gateway provider Simplex has added the Japanese Yen (JPY) and the Canadian Dollar (CAD) to its platform for fiat conversions. Sources indicate that the top payment gateway for many of the top cryptocurrency exchanges indicated this today.  Simplex is a fiat payments partner for many of the top cryptocurrency exchanges which include Binance, Huobi, Poloniex, OKCoin, KuCoin, Xapo, Ledger and Abra.“We’re not handling crypto directly ourselves but rather enable our...

Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with innovations and partnerships, some of the community is arguing that Tezos might be skyrocketing soon, resembling Ethereum’s surge from 2017.Is Tezos The New Ethereum?2017 was arguably the most intriguing year among all cryptocurrencies. While Bitcoin’s price skyrocketed to almost $20,000, Ethereum made a remarkable performance, as well. It started the...

As Bakkt has announced in its blog post, Bitcoin monthly options and cash-settled futures are now available.The recent post provides more details on these new offerings.Bakkt Bitcoin (USD) monthly options are based on the benchmark Bakkt Bitcoin (USD) Monthly Futures contract. It is the first CFTC regulated product of this kind. These options will offer new opportunities for trading and earning for traders from all over the world.Bakkt Bitcoin (USD) cash-settled futures are now available, as...

Place/Date: San Francisco, USA - December 9th, 2019 at 2:01 pm UTC · 3 min read Contact: Ampleforth, Source: Ampleforth Ampleforth announced today that it will be the first monetary asset to use Chainlink oracles to aggregate secure and timely off-chain pricing data for its protocol. Through the Chainlink integration, Ampleforth’s Market Oracle (volume-weighted price) and CPI Oracle (current price target) will now be powered by nine different incoming price feeds from three different...

Bitcoin has succumbed to selling pressure as of late. However, many analysts are predicting that the top cryptocurrency will likely come back to life next year. The possibility of a financial meltdown plus the halving could trigger a strong bitcoin bull market in 2020. It’s quite difficult to see the long-term bullish picture of bitcoin if the top cryptocurrency has been nothing but bearish lately. After a strong first half, the digital asset has shed over 46 percent from its 2019 high of...

Cryptocurrency exchange OKEx announced it decided to launch Bitcoin options trading by the end of this year.According to the announcement, the Malta-based exchange currently offers spot trading meaning purchase or sale of foreign currency, financial instrument or commodity for instant delivery on a specified spot date. It also offers futures trading and both of it in cryptocurrencies, A per the company, starting cash-settled options trading in BTC/USD pair begins on December 27 due to...

In the formative years of Bitcoin, crypto enthusiasts had the vision of a digital monetary system that would replace fiat money. Just over a decade, the world’s pioneer cryptocurrency has posted mixed results. Even though Bitcoin is now a household name globally, it will likely not replace regular money just yet. Instead, Bitcoin has taken a new dimension as a speculative investment asset rather than just facilitating digital payments. Bitcoin transactions are only going to get slower, and...

There are several investment opportunities popular all over the world and as time goes on, trends seem to always change. For many years, the stock market has been the most popular and also one of the most lucrative especially in the U.S. as records show that the S&P 500 has gained more than 180% in the last ten years. However, another investment channel that doesn’t seem to be talked about much but pulls in mouth-watering rewards, is the art market.A recent Citi report which was put...

The digital money market was the most comprehensive in the positive segment zone on Monday as sentiment gave signs of progress contrasting with the previous seven days. Bitcoin price was drifting in the $7,400 region during early Asian trading.Although the vast majority of previous selling pressure has fallen, we haven’t seen a generous recovery in Bitcoin at the moment. In any case, consolidation may likewise provide a recovery opportunity for long-term HODLers.After a previous mixed week,...

French multinational company Sanofi SA stated on Monday that it will buy biotechnology company Synthorx Inc. for a combined equity value of approximately $2.5 billion. In other words, it will be $65 per share.The acquisition is expected to close in the first quarter in 2020 and the company believes it will strengthen Sanofi’s existing immuno-oncology portfolio.Paul Hudson, who is the CEO of Sanofi, said:“This acquisition fits perfectly with our strategy to build a portfolio of high-quality...