New York-based forex broker Oanda launches crypto trading services in US

New York-based multi-asset trading services Oanda has launched a new cryptocurrency trading service in the United States. This latest addition, developed in partnership with regulated blockchain infrastructure provider Paxos Trust Company, is designed to give investors easy access to crypto alongside their existing forex portfolios in a secure environment.  The collaboration will enable U.S.-based investors to spot-trade cryptocurrencies on Paxos’s itBit exchange through Oanda’s mobile platform, the broker said. Investors will be able open and fund trading accounts, as well as access major cryptocurrencies such as Bitcoin (BTC) and Ether…

Oanda Sees Bitcoin Hitting $2,500, Others Beg to Differ

Oanda Sees Bitcoin Hitting $2,500, Others Beg to Differ November 24, 2018 by Akshay Makadiya As bitcoin hits a 14-month low, market commentator from U.S.-based foreign exchange Oanda, Stephen Innes, forecasts the sell-off will only intensify in the coming months. Innes predicts bitcoin will drop to $2,500 USD by January 2019. On the other hand, crypto bulls see the recent skid in bitcoin value as a sign of an approaching bottom. Also read: Bakkt Delays Launch As Crypto Markets Crash to New 2018 Lows Subscribe to the Bitsonline YouTube channel for great videos featuring…