Day: April 25, 2019

Is TD Ameritrade Working to Enter the Crypto Industry?

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TD Ameritrade is a financial services company and provides a trading platform through which users can trade stocks, mutual funds, investments, and much more. TD Ameritrade has reportedly around 11 million users. TD Starting Crypto Trading? Rumors are circulating all over the internet that this company is already in testing phases of crypto trading in association with ErisX. ErisX is a Chicago-based company, and according to the rumors, it is developing and testing a beta version of crypto trading on TD Ameritrade’s online trading platform. However, this news is not…

Bitcoin Exchange Suffers Trader Backlash Months After Suspicious ‘Fire’

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By CCN: A crypto trader provided CCN with documents proving that he has lost around 43 Ether all told after depositing it on BiteBTC on Christmas Eve. As we previously reported, the Bitcoin exchange claimed a fire wrecked its servers, but the exchange claimed crypto wallets were safe. Where There’s Smoke, There’s Fire Nearly every tweet sent by the exchange is answered with multiple complaints about deposit and withdrawal issues. The following is an example, which allegedly shows BiteBTC harassing a complaining user: pic.twitter.com/sq2XRCnBdu — Mtarii2 (@mtaroe2) April 24, 2019…

Bitcoin Exchange Suffers Trader Backlash Months After Suspicious ‘Fire’

boss

By CCN: A crypto trader provided CCN with documents proving that he has lost around 43 Ether all told after depositing it on BiteBTC on Christmas Eve. As we previously reported, the Bitcoin exchange claimed a fire wrecked its servers, but the exchange claimed crypto wallets were safe. Where There’s Smoke, There’s Fire Nearly every tweet sent by the exchange is answered with multiple complaints about deposit and withdrawal issues. The following is an example, which allegedly shows BiteBTC harassing a complaining user: pic.twitter.com/sq2XRCnBdu — Mtarii2 (@mtaroe2) April 24, 2019…

Bitcoin (BTC) is King and Trustless, But is it Ready For $6,000?

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Bitcoin (BTC) up 4.5 percent Altcoins are horrible, but Bitcoin is the only trustless project There is only one king in cryptocurrency, and that is Bitcoin (BTC). According to Tone Vays, altcoins—as history shows fail to weather the test of time, sinking expectations with it. Meanwhile, Bitcoin is firm, leading in valuation and dominance proving over and over again that it is a market leader. At spot rates, it is up 4.5 percent from last week’s close. Bitcoin Price Analysis Fundamentals While Bitcoin’s founder is still in the dark, applying…

Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission

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The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for submission of rehabilitation plans, according to an official announcement published on the company’s website on April 25. Per the announcement, the exchange’s Rehabilitation Trustee Nobuaki Kobayashi filed a motion in a bid to extend the submission deadline of a rehabilitation plan at the Tokyo District Court. On April 24, 2019, the court released an order to extend the deadline to October 28, 2019. The announcement reads: “A large amount of rehabilitation claims that the Rehabilitation Trustee…

Ripple Reveals Crucial 54% Sales-Spike in Institutions Buying XRP

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Ripple, the company behind the development of XRP, the third most valuable crypto asset in the global market, officially released its Q1 2019  XRP markets report. The document indicated Ripple sold $169.42 million from January to March and institutional sales accounted for $61.93 million, more than 36 percent of all its sales. XRP is up 1.8 percent against the U.S. dollar in the past 24 hours (source: coinmarketcap.com) Quarter-over-quarter, Ripple saw a 54 percent surge in institutional investment, indicating an overall rise in demand for crypto from institutional investors. Bad…

Algorithmic Crypto Trading Firm GSR Launches Crypto Hedging Product

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Hong Kong-based algorithmic crypto trading firm GSR launched cryptocurrency variance swaps, a product for hedging against volatility. The company announced the development in a press release published on April 24. Per the announcement, the variance swaps will allow investors, traders, businesses and other crypto portfolio holders to hedge against crypto volatility. According to Investopedia, a financial swap is a financial derivative used to speculate on the volatility of an asset. The launch announcement of bitcoin (BTC) and ether (ETH) variance swaps claims that the derivative is the easiest way to…

Samsung Trials Plus Ethereum 2.0 Another Reason To Be ETH Bullish

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Ethereum (ETH) bearish below $190 Samsung experimentation is a sign of confidence on the platform Start-ups, desirous of exploring blockchain, no longer need to start from scratch thanks to Ethereum. Samsung is the latest. Two months after announcing the support of Ethereum (ETH) in their S10 Galaxy phones, sources reveal that the electronics giant may soon launch their blockchain and perhaps issue their token. Ethereum Price Analysis Fundamentals With Ethereum there is no need for start-ups to start from scratch. That’s regardless of whether they plan to compete with the…

IBM to Apply Blockchain Tech to Lenovo’s Data Centers

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American global tech giant IBM signed a new agreement with Chinese PC maker Lenovo to apply blockchain in Lenovo’s customer service, according to a press release on April 25. IBM, а top global developer of blockchain patents after Alibaba, will apply blockchain technology in the customer service processes at Lenovo’s Data Center Group. Specifically, Lenovo will use blockchain tech to monitor supply chains of hardware and software used in its data centers. Blockchain tech will be one of a number of components that IBM will integrate into Lenovo’s customer systems,…

Nike’s Surprise Crypto Play Could Steal Facebook’s Thunder

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By CCN: In one of the most exciting cryptocurrency developments of the year, clothing behemoth Nike looks poised to dive into the world of crypto. Perhaps buoyed by the strong performance of Bitcoin, the athletic apparel manufacturer filed a trademark to create a digital currency called “CryptoKicks.” Will Nike beat Facebook’s coin to market and steal a bit of thunder from Mark Zuckerberg? Nike has filed a trademark application for CRYPTOKICKS. The filing indicates that Nike is intending to launch a cryptocurrency called CRYPTOKICKS. Below is my analysis of the…