How You Can Effectively Trade Cryptocurrency
The emerging cryptocurrency market has generated increasing interest over the last few years, among investors of all varieties and backgrounds. Unlike traditional currencies, cryptocurrency trading is based on speculation of price fluctuations, instead of actually owning and selling an asset. The value of an investment is determined by the asset’s movement between trade entry and […]
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PrimeXBT has pulled back the curtain on their all-new native iOS app, offering anywhere-in-the-world access to global markets, right from the fingertips of traders everywhere. Now that we’ve had some time to go hands-on with the powerful new smartphone app, we’ve put together this guide on how to trade effectively while on the go. How-To […]
A startup called CoinCorner claims it has launched as the first digital currency exchange on the Isle of Man, a British Crown dependency. The exchange offers customers the chance buy and sell bitcoin, and trade litecoin, bitcoin and dogecoin, with fees starting from 0.25%. It says it has future plans to provide more options for both fiat and digital currencies. Effectively, CoinCorner is offering a peer-to-peer marketplace where customers can trade cryptocurrency with other users on the platform, or buy and sell bitcoin. "We provide the mechanism so that buyers and sellers get their....
Barclays, the UK banking company, teamed up with an Israeli startup to carry out the bank’s first Blockchain-based trade transaction. This allowed Barclays to send a transaction within minutes, both cost effectively and securely, rather than using the traditional transaction process which normally takes hours or days. According to Barclays, the transaction was approximately $100,000 worth of dairy products from an Irish food company, Ornua to the Seychelles Trading Company. Baihas Baghdadi, Barclays' Global Head of Trade and Working Capital, states: "We've proved the reality of this....
Earlier today, it was reported that Butterfly Labs was the target of a Federal Trade Commission civil lawsuit, which alleged the company has conducted fraudulent and deceptive business with customers - many of whom are in the United States. The Federal Trade Commission effectively has put a halt on the Kansas-based company's operations - freezing assets and forcing an injunction that has brought the assembly line to a grinding halt. And Butterfly Labs isn't taking kindly to the actions. In a lengthy statement issued by the company's spokesperson, Butterfly Labs suggests the Federal Trade....
Gold Bullion International, a precious metals provider, announced in a statement Tuesday that it was opening as a live gateway on the Ripple protocol, creating a new gold-backed cryptocoin. That currency, XAU, is effectively a token representing physical gold with all of the ease of transaction inherent in cryptocoins. Or, as the Ripple blog puts it, “You are buying gold balances issued by GBI that are backed by and redeemable for physical gold bullion.” This has two key effects, the statement says: Gold becomes easier to trade. Gold can be spent anywhere Bitcoin is accepted via the Ripple....