Bitcoin and its altcoin brethren have been on a tear for the past two weeks in April, but critics quickly emerged from their slumber when the crypto-verse went into full retreat on Friday. Bitcoin, for the record, had risen over 30% during April, peaking at $5,400, which was almost unheard of a few weeks back.…
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After all the hoopla following the advent of the “JPMCoin”, banking executives now believe that the time is right for partnership and cooperation with all things crypto. The apparent flip came as a surprise during a nationally televised sequence of Squawk Box on CNBC, featuring an interview with JP Morgan’s Global Head of eCommerce Solutions…
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Gate.io, an online exchange for blockchain assets, today launched its revamped platform available to users located in Canada, the USA and Japan. The relaunch will allow users living in the affected countries to make spot trades on main-net cryptocurrencies and will offer them over 200 digital assets. Gate.io intends to make it easy for clients…
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If you were even the least bit interested in all-things-crypto, and for that matter, in all-things-banking, then last week’s financial press mayhem following JPMorgan’s crypto announcement came off as a circus sideshow. Distractions abounded under the Big Tent. The stands were filled with crowding masses and unruly press patrons shouting praise and abuse, while hawkers…
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Last month, CoinFLEX was reported to be launching futures contracts to its Asian clients in February 2019. The new contracts for Bitcoin, Bitcoin Cash and Ethereum will provide possible leverage of up to 20 times. The new product has now gone live, as CoinFLEX launched its physically delivered cryptocurrency futures exchange. The platform is based in Hong…
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LeapRate Exclusive... Tokenization on Blockchain has been a steady trend throughout 2018. It seems that everything is being tokenized on Blockchain from paintings, diamonds and company stocks to real estate. Former MD of Morgan Stanley Patrick Springer recently joined LeapRate to talk about asset tokenization and explained why rebalancing your asset allocation might be the next best…
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The blockchain space is exploding with full force. Now, besides financial institutions, fintech and technology companies are racing to introduce new blockchain and crypto-related products to offer to their clients. It really seems that the more blockchain-oriented a company becomes, the better it serves the growing tech needs of its customers. No exception to the…
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Many of the speakers at this year's World Economic Forum in Davos, including Kenneth Rogoff, Professor of Economics at Harvard University, have claimed that crypto is “too small” for regulation. Kenneth Rogoff stated: I’ve spoken to the regulators and they very candidly say, ‘Well, there isn't really that much value going on in the [cryptocurrency]…
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Bitcoin is back once again over an all-important psychological support level of $4,000. The price of the most popular cryptocurrency dropped to its lowest point since August 2017 last month. Its price however is now slowly, but steadily, rising more than 7% yesterday alone and 33% over the last 5 days. According to some, this…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for December 18, 2018. Highlights include: Crypto Bounces Back: As global stocks dropped, the crypto market make a strong push off the floor. The rebound was likely due to a short squeeze that took out a…
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