After having a good year with enthusiastic feedback from the trading community, OctaFX has finally opened its crypto trading offer for the weekends. KUALA LUMPUR, MALAYSIA – Media OutReach – 15 February 2022 – The cryptosphere is rattling through a rough phase, to say it mildly. Bitcoin reached its all-time high on 8 November with a price of 67,566 U.S. dollars and experienced a downtrend until recently. […]
As the name implies, Cryptocurrency is a digitally stored and transacted encrypted currency. The use of cryptography to encrypt this currency makes it nearly impossible to tamper with. Another aspect that makes it more secure than other currencies is its decentralized nature: no single authority can rule or control it, which means governments cannot influence or manipulate it. The currency is stored in blocks, and blockchain technology […]
By Matein Khalid It is not the end, it is not even the beginning of the end but it is the end of the beginning. Churchill’s famous words express my own feelings about the latest psychotic Bitcoin cycle. This crypto-puppy was at an all time high of $68,990 last November but then plunged to $33,000 in its January lows. So whatever crypto is, it is definitely not […]
To be used to deepen access to DeFi opportunities, accelerate global expansion; build strong user community SINGAPORE – News Direct – 4 February 2022 – Pillow, a DeFi (decentralized finance) startup that helps generate yields on crypto, has raised $3M in seed funding led by Elevation Capital and a host of prominent crypto angels, including Scott Lewis (Co-founder, DeFi Pulse), JD Kanani & Sandeep Nailwal (Co-founders, Polygon), Prabhakar […]
Arabian Post Staff Google has formed a dedicated Blockchain Group focused on “blockchain and other next-gen distributed computing and data storage technologies”. Shivakumar Venkataraman, an engineering vice president for Alphabet Inc.’s Google shall be leading this new blockchain division. Venkataraman led Google’s search advertising team for almost 19 years turned VP/GM at Google Labs in Jan 2022. Although Google has been offering cloud services to blockchain projects, this […]
HONG KONG SAR – Media OutReach – 15 January 2022 – Today, IX Asia Indexes Company Limited announced the 4th quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong. The number of constituent cryptos remains unchanged at 11 constituents after the review. The free float adjusted market capitalization coverage is 74.25%, while the 90-day-average volume coverage is 60.36%. The constituents […]
Today, investing in cryptocurrency is one of the most rapidly developing and promising trends in the modern financial market. Due to the unstable economic situation, more and more people started thinking about additional sources of income. Primarily, people are interested in how to invest and in finding projects offering the best return. Also, they are worried about safeguarding our investments against losses during spikes in the price […]
VANCOUVER, CANADA – Media OutReach – 23 December 2021 – Mux Miner has announced that it is currently working on a project to create Software-Particular Built-in Circuit (ASIC) devices that are powered by unique technology. This technology would allow those new to cryptocurrency mining to work more freely. They will be able to discover this activity thanks to pre-established hash functions. New series, new goals The new Mux series […]
PETROZAVODSK, KARELIA – Media OutReach – 20 December 2021 – Recently, Minto announces to increase BTCMT token holders’ rewards by tokenizing new mining power. In preparation for this major point in the project timeline, the Minto DApp has already been added to such popular wallets as BitKeep, Huobi Wallet, and TokenPocket. Now users may use the Minto DApp with maximum convenience by simply selecting it in the favorite wallet! BitKeep […]
By Matein Khalid Speculative manias in the financial markets invariably culminate in hysteria and greed run amok. So the 25% fall in the $2.5 billion Paytm IPO, India’s celebrated fintech could well be a cycle peak for the current zeitgeist, just as the busted IPO of Reliance Power was in the Dalal Street asset bubble of 2007-08. Mr. Marketji is obviously unimpressed by Paytm’s brand name investors […]
Source: Unsplash Payments online no longer evoke fear or uncertainty, as they are now a standard way of exchanging money for various goods and services. We shop online, book tickets, make reservations, and pay for all of it from our bank accounts, using our credit cards. Such activities are easy to track and controlled by banks. The majority of people don’t care about that fact, but there […]
The price of Bitcoin hit a new all-time high of $68,514.26 during Asian trading hours as the bull trend that seemingly started at the beginning of October continues. In total, the market has added over $1 trillion in value in just a month. The total market capitalization of all cryptocurrencies is approaching the $3 trillion mark thanks to gains made by both BTC and several altcoins. Bitcoin […]
Mastercard is preparing to announce that any of the thousands of banks and millions of merchants on its payments network can soon integrate crypto into their products, CNBC has reported. That includes bitcoin wallets, credit and debit cards that earn rewards in crypto and enable digital assets to be spent, and loyalty programs where airline or hotel points can be converted into bitcoin. To do so, the […]
Arabian Post Staff An international cryptocurrency trading scam targeting iPhone users through popular dating apps, such as Bumble and Tinder has been unearthed. A report detailing the latest findings, “CryptoRom Fake iOS Cryptocurrency Apps Hit US, European Victims For At Least $1.4 Million,” shows that the operation has escalated. The attackers have expanded from targeting people in Asia to include people in the U.S. and Europe. Sophos […]
Matein Khalid In retrospect, the news that China had banned Bitcoin mining/trading in July and the subsequent sell-off to BTC in the early $30,000s was an ideal opportunity to accumulate the world’s most credible digital currency. Beijing fulmination against crypto is routine and BTC has always recovered from PRC inspired sell-offs. The euphoria now is mainly due to the fact that the SEC has agreed to the […]
Arabian Post Staff The first bitcoin futures ETF will begin trading this week, marking a milestone in the development of crypto industry. The futures product has been approved by the Securities and Exchange Commission. The debut will be with ProShares, a filing from the company indicated. This means the exchange will allow investors to trade the funds as allowed under federal law without SEC intervention. The ProShares Bitcoin […]
The U.S. Securities and Exchange Commission (SEC) is reportedly set to allow Bitcoin futures exchange-traded funds (ETFs) to begin trading. According to Bloomberg, the regulator “isn’t likely to block the products from starting to trade next week.” Bloomberg’s report cites people familiar with the matter who asked not to be named, and points out that, unlike other Bitcoin ETF applicants, proposals by ProShares and Invesco are based […]
HONG KONG SAR – Media OutReach – 15 October 2021 – Today, IX Asia Indexes Company Limited announced the 3rd quarter review of the ixCrypto Index (“IXCI”). This is the first crypto benchmark index launched in Hong Kong. According to the Constituents Enhancement Rule, there are two constituents’ additions and deletions. The number of the constituent cryptos will stay at 11 after the changes. The changes are as […]
KUALA LUMPUR, MALAYSIA – Media OutReach – 14 October 2021 -There is hardly anyone left who is not familiar with the bitcoin bull market. A few but dramatic corrections made this historic run more exciting. Blockchain technology is here to stay. And the way legacy institutions and governments react will determine the future of finance. The global broker OctaFX prepared an expert article exploring whether peaceful co-existence might be […]
Bakkt, a digital asset marketplace that enables consumers to buy, sell, send and spend digital assets, has announced a partnership with Google to extend the reach and usability of digital assets to meet rapidly evolving consumer demand and preferences. Bakkt users will be able to add their virtual Bakkt® Visa® Debit Card into Google Pay to purchase everyday goods and services online, in-store, or wherever Google Pay is accepted. […]
K Raveendran Big financial institutions recognize the superiority of blockchain technology, but are intimidated by the prospects of bitcoin replacing them, so they will try to censor, control and manipulate it before ultimately they will be forced to accommodate it on public demand, says Grigory Rybalchenko, founder and CEO of Emirex, an exchange and a marketplace for digital assets and cryptocurrencies. Gregory will be among the top […]
U.S. Bank, the fifth-largest retail bank in America, has announced its cryptocurrency custody service is now available to fund managers. The offering will help investment managers store private keys for bitcoin, bitcoin cash, and litecoin with assistance from NYDIG. According to Gunjan Kedia, vice-chair of the bank’s wealth management and investment services division, support for other cryptoassets like ethereum is expected over time. The move sees U.S. […]
Arabian Post Staff Bank of America has launched its digital asset research with the publication of a report entitled “Digital Assets Primer: Only the first inning,” led by Alkesh Shah, head of Global Cryptocurrency and Digital Asset Strategy. Digital assets represent a $2 trillion+ market value with 200 million+ users, and have the potential to transform every industry by improving efficiency and reducing friction across transactions. Hundreds […]
Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and support cryptocurrency trading in an economic free zone in Dubai. The Dubai World Trade Centre Authority (DWTCA) announced Wednesday that it had signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to support the regulation and trading of crypto assets within the DWTCA free zone. The new initiative establishes a framework enabling […]
