In-person bitcoin exchanges spread across the globe
"I'll do Coinbase price.". "It's $10 under Gox." "Last time I was here everyone was trading in Gox price." "That was a long time ago." So went the banter on the trading floor -- or rather, the trading winding pathway in San Francisco's Yerba Buena Gardens, where five men stood in a loose circle and prepared to trade bitcoins for dollars. What qualifies as "a long time ago" in the fast-moving world of cryptocurrency could only have been a few weeks earlier, at most. On this late-summer evening, the weekly cryptocurrency trading session known as Buttonwood had been convening for about two....
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A new market will allow Mt. Gox customers to trade funds in their exchange accounts for bitcoin, effectively allowing bitcoin withdrawals despite an official freeze. The service, Bitcoin Builder, has also created an arbitrage opportunity for traders who wish to exploit the growing spread between the price of bitcoin on Mt. Gox and other major exchanges. According to the market's founder Josh Jones, some 14,500 BTC (about $8.1m) worth of trades have been executed since it was set up on 11th Feb. A widening spread. Bitcoin Builder works by taking advantage of the widening spread between the....
The Bitcoin Index may change significantly if exchanges which have been left out before are now considered, according to plans by BitcoinAverage. Technical market analysis usually involves mathematical calculations of certain averages and is usually influenced by the volume of trades over a given period of time. In the Bitcoin world it is known that some exchanges don’t charge fees on either side of trades. Exchanges that manipulate volume of trade. Exchanges which do not charge fees are mostly omitted on the Bitcoin index. This is usually due to the suspicion of the “faking” of the....
The UK Financial Conduct Authority (FCA) has proposed stricter rules for Contract for Difference (CFD) products which include financial spread betting. While illegal in the US, spread betting is legal in the UK. Bitcoin spread betting is available through some of the country’s largest CFD operators, such as IG Group. What is Spread Betting? Spread....
Due to the pandemic, many global events have been canceled, but some conferences can still be visited in 2021. The year 2020, for most of the inhabitants of our planet, was passed in lockdowns or quarantine due to the COVID-19 pandemic; many were forced to stay at home. Social events were canceled or postponed, and entire sectors of the world economy suffered huge losses. The start of this year wasn’t any better, as governments across the globe are still forced to restrict events and activities to combat the spread of the disease.But there are industries that did not lose out over the past....
The Next Earth project is a big deal. It’s not just another blockchain startup. It’s a new NFT-based replica of Earth that aims to disrupt the centralized status quo. Currently, over 25 million “tiles” on this virtual Earth have been sold (the digital planet has only been live for about one and a half months). […]