OKCoin, Payments Processer Simplex Partner on Card-Enabled USD Deposits for Intl Users

n Major fiat-crypto trading platform OKCoin has partnered with firm to enable global to make USD deposits via debit or credit cardn
: cryptscout
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Source: cryptscout
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On June 18, 2019, Facebook finally unveiled the Libera white paper, which has one of the anticipated products in the crypto world for months now with a lot of speculation and reporting on the preparation that has gone into this . Whenever a project comes onto the scene with this amount of anticipation […]
Source: bitcoinexchangeguide
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World’s Major Broker TP ICAP Expands to Bitcoin Futures

Coinspeaker
World’s Major Broker TP ICAP Expands to Bitcoin Futures

A international brokerage firm TP ICAP has just announced that they are expanding their services and will offer Bitcoin futures trading. TP ICAP is a firm of professional intermediaries that operates in the ’s financial, energy and commodities markets. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

These actions are not as sudden as they might seem. a year ago, TP ICAP formed a group with the primary goal of examining how to approach cryptocurrencies. Now a year later, we see their plan on how to approach them. They are becoming one of the few firms in the business to offer Bitcoin futures trading. However, Duncan Trenholme, the project manager, feels that many companies will enter the Bitcoin futures market the next year or two: 

“[Many institutions] are exploring how tokens can legitimately be traded or stored and I’d expect more projects to hit the market over the next year or two.”

At the moment, TP ICAP is working with cash-settled futures contract that trades on a regulated market controlled by the CME Group.

Struggle in the Brokerage Business

Apparently, the company has struggling with their primary business. Last year, TP ICAP lost around 36% of its market value in a single day due to the financial crisis. Now they have gained back only 10% of it ever since the crisis. The revenue of the company was $2.2 billion in 2018, 3% more than in 2017.

Now it looks like the company wants to test new grounds by entering the crypto market. This puts them in a sweet spot as the company becomes one of the few big players to offer crypto derivatives. Recently we saw Fidelity Investments entering the crypto-space. Also, Bakkt is probably the most anticipated platforms which has been delayed multiple times and now is expected to be on July 22.

The new project will be based in London and run by Simon Foster and Duncan Trenholme.

TP ICAP plan is to add non-deliverable forwards (NDF) tied to Bitcoin. Also, they want to expand to Asia and the U.S.

Moreover, they are interested in other cryptocurrencies and tokenized assets as well. The company is thinking about trading in the cryptocurrency market itself. 

World’s Major Broker TP ICAP Expands to Bitcoin Futures


: coinspeaker
World’s Major Broker TP ICAP Expands to Bitcoin Futures

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[link] [comments]


: CryptoCurrency
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3 Major Indicators the Altcoin Season Might Skip a Year

TheMerkle_US Dollar Bullish

It has been a very interesting week for Bitcoin in the price department. The same can’t always be said about the altcoins, as they need a bullish Bitcoin to note any real gains of their own. This week, it became apparent that some of the bigger exchanges will introduce drastic changes. An interesting turn of events, albeit one that won’t harm the industry all that much.

Binance Exits the US

It was a matter of time until a big crypto trading platform decided to leave the United States behind. Despite being a country where there is plenty of Bitcoin and altcoin activity, it is evident the ongoing geo-political tensions make for an uneasy situation. Binance, currently the biggest trading platform in this industry, will bar US users in the next few months.

However, this does not mean the is abandoning its large US-based community either. A dedicated US-oriented trading platform will be created in the near future. While details are still scarce, it seems to indicate the altcoins will not have too much excitement to push them higher until the dust settles. For now, no major sell-offs are to be expected, albeit one never knows what the coming weeks may bring.

Makes More Tokens Inaccessible to US

There appears to be a genuine crusade going on against enthusiasts in the United States. Altcoin traders who frequent the Bittrex platform will see another few dozen tokens become inaccessible to them in less than two weeks from now. This news comes on the heels of 32 tokens becoming inaccessible more recently.

Among the list of newly mentioned tokens are the likes of Civic, Gnosis, Crypto.com, NXT, TenX, and several others. These assets can still be traded on Bittrex International, but the main platform will no longer provide these pairs to customers in the United States. of these tokens were sold through Initial Coin Offerings, which may have something to do with this recent decision.

Limited Availability of Tokens

Based on the information currently , it seems users will need to look beyond Bittrex (except the International version) and Poloniex to get their trading in. Coinbase only provides exposure to so many tokens and assets, which doesn’t make it the ideal choice. It seems that Kraken, eToro, and Huobi may see a small increase in users, although they too lack support for most tokens.

All of this goes to show things are changing rapidly behind the scenes of the cryptocurrency industry. Only time will tell if these changes are for better or worse, as the opinions remain rather divided on that front. Once Binance’ US-oriented platform comes online, things may look up again. Until then, it seems likely most of the smaller altcoins will see a lot of price fluctuations, either for better or worse.


Disclaimer: This is not trading or investment advice. The above is for entertainment and education purposes only. Please do your own research before purchasing or investing any cryptocurrency or digital currency.

Image(s): Shutterstock.com

3 Major Indicators the Altcoin Season Might Skip a Year

It has been a very interesting week for Bitcoin in the price department. The same can’t always be said about the altcoins, as they need a bullish Bitcoin to note any real gains of own. This week, it became apparent that some of the bigger exchanges will introduce drastic changes. An interesting turn of events, albeit one that won’t harm the industry all that much.

Binance Exits the US

It was a matter of until a big crypto trading platform decided to leave the United States behind. Despite being a country where there is plenty of Bitcoin and altcoin activity, it is evident the ongoing geo-political tensions for an uneasy situation. Binance, currently the biggest trading platform in this industry, will bar US users in the next few months.

However, this does not mean the company is abandoning its large US-based community either. A dedicated US-oriented trading platform will be created in the near future. While details are still scarce, it seems to indicate the altcoins will not have too much excitement to push them higher until the dust settles. For now, no major sell-offs are to be expected, albeit one never knows what the coming weeks may bring.

Bittrex Makes More Tokens Inaccessible to US

There appears to be a genuine crusade going on against cryptocurrency enthusiasts in the United States. Altcoin traders who frequent the Bittrex platform will see another few dozen tokens become inaccessible to them in less than weeks from now. This news comes on the heels of 32 other tokens becoming inaccessible more recently.

Among the of newly mentioned tokens are the likes of Civic, Gnosis, Crypto., NXT, TenX, and several others. These assets can still be traded on Bittrex International, but the main platform will no longer provide these pairs to customers in the United States. of these tokens were sold through Initial Coin Offerings, which may have something to do with this recent decision.

Limited Availability of Tokens

Based on the information currently available, it seems users will need to look beyond Bittrex (except the International version) and Poloniex to get their trading in. Coinbase only provides exposure to so many tokens and assets, which doesn’t make it the ideal choice. It seems that Kraken, eToro, and Huobi may see a small increase in users, although they too lack support for most tokens.

All of this goes to show things are changing rapidly behind the scenes of the cryptocurrency industry. Only time will tell if these changes are for better or worse, as the opinions remain rather divided on that front. Once Binance’s US-oriented platform comes online, things may look up again. Until then, it seems likely most of the smaller altcoins will see a lot of price fluctuations, either for better or worse.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency.

Image(s): Shutterstock.com

The 3 Major Indicators the Altcoin Season Might Skip a Year appeared first on NullTX.


Source: nulltx
3 Major Indicators the Altcoin Season Might Skip a Year

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: worldnewsoffice
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