Day: March 20, 2019

Crypto Exchange Aggregator Caspian to Offer Crypto Options and Futures Trading

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Institutional crypto trading, portfolio and risk management platform Caspian announced that it has integrated its platform with cryptocurrency futures and options trading exchange Deribit. The news was revealed in a press release from Caspian published on March 20. Per the announcement, Deribit has been added to Caspian’s ecosystem of over 30 cryptocurrency exchanges and liquidity providers. The company also claims that the move renders it the first institutional platform to offer both options and futures trading in the crypto asset class. The post also notes that Caspian’s platform includes an…

Why Some Banks Issue Their Own Digital Tokens, While Others Don’t

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This week, a number of banks shed light on their respective crypto-related projects, following the recent expansion of JPMorgan Chase into the field. IBM was the big mover. A joint announcement by IBM and Stellar (XMR) said that as many as six global banks might issue their own stablecoins on IBM’s blockchain-powered payments network, dubbed “Blockchain World Wire” (BWW). The question now is whether this marks a turning point for cryptocurrency’s use, or if it merely continues the experiments that have marked the early stages of digital money. While quite…

Bitcoin (BTC) Going Mainstream, Accepted By a $4.7 Billion Company

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Bitcoin Price steady, may rally Avnet now accepts Bitcoin via BitPay Participation low but demand picking up By collaborating with BitPay, Avnet now joins the likes of Microsoft and Dell as corporations accepting Bitcoin as payment. Regardless, Bitcoin (BTC) prices are steady and could close above $4,000. Bitcoin Price Analysis Fundamentals Based in Phoenix, Arizona and drawing $17.4 billion in revenue, Avnet—one of the largest electronic component distributors in the US and one of the most capitalized Fortune 500 Company has partnered with BitPay, a Bitcoin and Bitcoin Cash payment…

Bitcoin Price Could Crash by 50% in 2019: Veteran Crypto Traders

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Throughout the past week, the bitcoin price has increased from $3,901 to $4,048, by nearly 4 percent against the U.S. dollar. The relatively strong short-term performance of bitcoin led alternative cryptocurrencies to engage in large upside price movements, allowing the valuation of the crypto market to rise by about $7 billion. Join CCN for $9.99 per month and get an ad-free version of CCN including discounts for future events and services. Support our journalists today. Click here to sign up. The crypto market cap has added around $7 billion in…

PUBLIQ Named Finalist by UK Parliamentary Group for Blockchain Application in Media Category

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PUBLIQ, a global non-profit peer-to-peer distributed network that was founded to rebuild trust in media, was selected finalist by the UK All Party Parliamentary Group (APPG) on Blockchain for its 2019 showcase of companies solving real-world problems with fully functioning Blockchain technology. Among the ten company and institution finalists, PUBLIQ was the only Blockchain application in the media category. The UK media landscape has suffered ongoing newsroom retrenchment alongside the magnitude of the spread of fake news. According to a 2018 study by the National Union of Journalists, more than…

IBM World Wire Loosen Banks, Bullish for Ripple (XRP)

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Ripple prices flat Stellar—IBM partnership and roll-out of World Wire bullish Transaction volumes must spike above 60 million for bulls or bears to be in charge IBM involvement is a game changer. Although they are launching from Stellar, their confidence in blockchain could see banks experiment with crypto. In that case, some may decide to leverage RippleNet thereby boosting XRP prices—especially if they opt to use xRapid. Ripple Price Analysis Fundamentals Optimistic as we may, we also recognize that banks are conservative. Before experimenting with new technology, it is unusual…

Bitcoin-Friendly US Bank Silvergate Now Serves Over 500 Crypto Companies

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Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U.S. Also Read: American Electronics Giant Avnet Now Accepts Bitcoin Cash Payments Silvergate Files Amended IPO Prospectus Silvergate Capital Corp., the parent of Silvergate Bank, filed an amended IPO prospectus with the U.S. Securities and Exchange Commission (SEC) on March 18 with updated data about its operation. According to…

Funding Platform SeriesOne Partners With Polymath to Use Its Security Token Protocol

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United States-based crowdfunding platform SeriesOne has partnered with security token protocol platform Polymath, according to a press release published on March 19. The new partnership intends to create a digital securities offering ecosystem via the SeriesOne platform. According to the press release, the partnership between SeriesOne and Polymath will let token issuers create and manage regulatory-compliant security tokens from the initial offering stage to trading on a secondary exchange. SeriesOne CEO Michael Mildenberger expressed confidence that Polymath’s security token protocol, ST-20, is set to improve the process of raising capital…

Bitcoin Price Analysis: BTC/USD Remains Near $4,050 Price Level

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Photo: QuoteInspector Key Highlights: The bulls are still in control of the Bitcoin market; the Bulls currently have weak momentum; the coin may find its resistance at $4,254 price level. BTC/USD Medium-term Trend: Bullish Resistance levels: $4,254, $4,692, $4,960Support levels: $4,050, $3,903, $3,774 BTC/USD is on the bullish trend on the Medium-term outlook. The crypto sustains its bullish trend on the 4-hour chart; as long as the Bitcoin price is above the 21 periods EMA and the 50 period EMA. The Bulls are trying to make significant progress towards the…

Next Stop: Derivatives – Blockchain News

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The derivatives market in the Blockchain ecosystem has been quietly growing in the past year. The two largest derivatives exchange, BitMEX and OKEx are seeing over $700 million in trading volume daily, with OKEx reaching over $2 billion at its peak. The primary driver of revenue growth at the respective exchange is a perpetual swap, which is an innovative product that resembles futures contract, except that it does not have an expiry date and no exchange of underlying asset of contracts will take place. Collectively, the popular cryptocurrency trading product…