Tag: Trading

Crypto Exchange Coincheck Resumes NEM Trading Almost 10 Months After Major Hack

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Recently re-opened Japanese crypto exchange Coincheck has announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts,” South Korean news outlet FNNews reports Nov. 13. In January of this year, Coincheck suffered an industry record-breaking hack when $534 million worth of NEM was stolen from its wallets. This latest development from Coincheck reveals the exchange has “joined the Japan Security Association and is “ready to renovate its image.” Alongside NEM trades, the platform has also opened support for Ethereum (ETH) and…

Major Oil Firms, Banks Partner to Launch Blockchain Platform for Energy Commodity Trading

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Major oil companies BP, Shell, and Equinor have united with large banks and trading houses to launch a blockchain-driven platform Vakt for energy commodity trading. The partnership was reported by independent news agency covering energy and commodities markets S&P Global Platts Monday, Nov. 12. Apart from the three oil companies mentioned above, Vakt includes banks ABN Amro, ING, and Societe Generale, along with trading houses Gunvor, Koch Supply & Trading, and Mercuria. The blockchain solution, first announced in November 2017, will enable major industry players to move from “cumbersome” paperwork…

Early Trading Shows Clear Preference In Divide Over Bitcoin Cash Fork

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An experimental market on a major crypto exchange suggests that bitcoin cash users may favor the more established version of the software, Bitcoin ABC, ahead of an expected fork this month. Due to the technical design of the cryptocurrency, currently the fourth-largest by market capitalization, bitcoin cash users must “hard fork” the blockchain, or adopt a new software version with changes as decided by open-source developers, every six months. Things are different this time around, though, amid the emergence of a rival version of the software called Bitcoin SV. As…

Bitcoin Price Watch: BTC/USD Trading Near Major Inflection Point

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Key Points Bitcoin price declined further and traded below the $6,440 support against the US Dollar. Yesterday’s highlighted key bullish trend line with support at $6,445 was breached on the hourly chart of the BTC/USD pair (data feed from Kraken). The price tested the next important support at $6,375 and later started consolidating losses. Bitcoin price failed to stay above the $6,440 support against the US Dollar. BTC/USD is currently consolidating above the $6,375 support with bearish moves. Bitcoin Price Analysis Recently, bitcoin price started a downside correction and traded…

Crypto Exchange Poloniex Announces ‘Pre-Fork’ Trading for Bitcoin Cash

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Poloniex announced Tuesday it will be the first cryptocurrency exchange to offer trading for the pending bitcoin cash (BCH) hard fork amid an ongoing debate over the technology’s roadmap. Starting Wednesday night, Poloniex, operated by Goldman Sachs-backed startup Circle, revealed it will begin offering customers the option to buy bitcoin cash ABC (BCHABC) and bitcoin cash SV (BCHSV) trading tokens. This is the first time Poloniex has offered trading pairs for a crypto asset prior to a possible fork, a move it says is part of a wider strategy to…

Top Coins See Mixed Signals, Mostly Trading Sideways

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Wednesday, Nov. 7: most major coins are slightly down today, with Bitcoin (BTC) holding on to this week’s growth. The markers are seeing mixed signals as of press time, with most top coins trading sideways, up or down by around one percent. Market visualization from Coin360 BTC is up 1.3 percent over the last 24 hours, and trading at around $6,527 at press time. The leading digital currency have seen insignificant volatility during the day, having dropped to as low as $6,441, while the intraday high reached $6,531. In terms…

Trading Platform eToro Develops Blockchain Platform for Universal Basic Income Distribution

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Trading platform eToro has recently announced a blockchain-based social project to create a “non-speculative” cryptocurrency with the aim of paying social interest to those who “have less,” according to a press release obtained by Cointelegraph Wednesday, Nov. 7. The trading platform currently has over 10 million registered users and supports fourteen cryptocurrencies on its platform. The social project, dubbed GoodDollar, had been presented at Web Summit held this week in Lisbon, Portugal. According to the release, eToro has invested $1 million of its funds to the project and is seeking…

Bitcoin Cash Trading Update – The Coinbase Blog

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We wanted to provide our customers with an update on Bitcoin Cash (BCH) trading on GDAX. At 4:00pm PST on December 19, 2017, we launched three BCH order books on GDAX. All BCH order books opened in post-only mode, allowing customers to place open orders and establish liquidity. At 5:20pm PST, we enabled trading on the BCH-USD book. The BCH-EUR and BCH-BTC books remained in post-only mode. At 5:22pm PST, we paused trading in the BCH-USD order book due to significant volatility. Once paused, we cancelled resting orders and cleared…

Bitcoin Cash Trading Now Available on GDAX – The Coinbase Blog

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We’re happy to announce that Bitcoin Cash (BCH) is now listed and available for trading on GDAX. We made the decision to list BCH by considering such factors as customer interest, developer support, network security, market capitalization, trading volume, and our Digital Asset Framework. You can read more about Bitcoin Cash on our FAQ page. The following order books have been created and will remain in post-only mode until there is sufficient liquidity for trading: BCH–BTC BCH–USD BCH–EUR Bitcoin Cash was created by a fork of the Bitcoin network on…

Sensyne Health Begins Trading on AIM

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Aug.17 — Paul Drayson, chief executive officer at Sensyne Health, discusses how his company uses artificial intelligence to analyze clinical data of patients, how it helps the pharmaceutical discovery process, how they could utilize blockchain, what excites investors about the technology, why this is the right time for them to IPO, and his concerns over Brexit. He speaks on “Bloomberg Daybreak: Europe.” source