Despite its instability and susceptibility to risk, Bitcoin derivatives may be available as an NDF in the near future The eventful year of high profile events and ever-changing circumstance which surround virtual currency have largely not resulted in FX firms adopting it as a tradable instrument, except for a few pioneering mavericks. Even the volatility…
Read moreAre Bitcoin's problems leading traders to other alternative digital currencies? Ireland-based retail forex broker AvaTrade has recently launched Litecoin trading for its clients, alongside Bitcoin trading. Despite the (somewhat) negative press digital currencies have received as of late, mainly around the bankruptcy of Bitcoin exchange Mt Gox and the disapearance of hundreds of millions of…
Read moreTraders interested in speculating on the crypto-currency market are not put off by Mt Gox's closure LeapRate Exclusive: Sources close to various forex brokers in the industry have confirmed that as the debacle of the former leading Bitcoin exchange Mt Gox unfolds, interest amongst customers to trade the digital currency has been increasing. In fact the…
Read moreMt Gox's withdrawal problems cause some confusion as to the true current value of Bitcoin. LeapRate has learned that several of the leading forex brokers offering leveraged Bitcoin (BTCUSD) trading are switching away from using the Mt Gox Bitcoin exchange as their Bitcoin price reference source. The first change has been made by Ireland-based forex…
Read moreLeverage on Bitcoin raised to 20x as Bitcoin trading risk is perceived lower. LeapRate Exclusive.... Very quietly, retail forex brokers have become more comfortable adding Bitcoin trading, while at the same time relaxing the conditions of trading for their customers. These changes are coming as Bitcoin volatility has subsided somewhat, and as traders become more…
Read moreAvaTrade and Plus500 increase Bitcoin trade leverage allowed 10x from 5x, spread falling. LeapRate Exclusive.... Very quietly, retail forex brokers have become more comfortable adding Bitcoin trading, while at the same time relaxing the conditions of trading for their customers. These changes are coming as Bitcoin volatility -- still high by 'normal' forex standards --…
Read moreBitcoin trading will be available with up to 5x leverage on both AvaTrader and AvaTrade's MT4. Three weeks after we first broke the news that Ireland-based forex broker AvaTrade (formerly AvaFX) had launched Bitcoin trading, comes formal word from the company. AvaTrade today put out a formal press release announcing that it had hired MT4…
Read moreBitcoin industry insiders believe continued US Government hostility will scare Bitcoin startups and entrepreneurs away from the US. In separate but related actions, two US Government bodies have requested investigations into Bitcoin. The investigations, to be carried out separately by the FBI and the US Department for Homeland Security (DHS), are to focus on the…
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