Regulation Is Helping Like Bad Medicine Regulation, like bad medicine, is helping the binary options industry. It is making it harder for the scammers to operate but at the same time may kill the patient. The good news is that there are still jurisdictions friendly to binary options trading, the bad news is the scams […]
New Money Is On The Way To Ethereum, This Is Why Ethereum’s value skyrocketed over the last week as new money floods into the next-generation blockchain. The coin is testing the $800 level for the first in two moths and headed higher, perhaps as soon as next week. The reason is a working-group style meeting […]
Twitter exceeds analysts’ expectations: Twitter have reported their second profitable quarter in a row. This seems to have alleviated the doubts of the marketplace, providing more evidence that their wider strategy of focusing on growing the active user base, increased engagement with ads and the sale of data is beginning to pay off. Concerns Shrugged […]
Regulation And Stimulation For Cutting Edge Technology A number of developments in the cryptocurrency market have opened to door to traders, adding liquidity to the market. The bottom line in all cases; smart countries around the world are embracing blockchain technology, cryptocurrency and ICO’s. Australia’s Securities and Investments Commissions, ASIC, has updated their guidelines for […]
Ethereum Rises On Scalability Solution Ether, the digital currency powering the Ethereum blockchain network, is on the rise following a major announcement from Amazon Web Services. AWS has announced a series of new templates that allow users to launch an Ethereum or Hyperledger based block chain application with only a few clicks of the mouse. […]
Cryptocurrency traders could be set to face huge tax bills. Investors and traders might want to think very carefully about pumping their money into cryptocurrencies in the future after the Internal Revenue Service (IRS) announced that anything bought using one of these currencies is liable to capital gains tax. Tax Picture Clouded Due to the relatively […]
A Surge In Cryptocurrency Is Now Expected After several false starts Bitcoin, the worlds reserve cryptocurrency, has finally snapped its downtrend. The coin gained more than 20% in two days, breaking above an important downtrend line, as investor confidence returns. The coin has been trending lower for the last several months as scams and increasing […]
What does the US interest rate rise mean for the markets? Jerome Powell, the new chairman of the United States Federal Reserve, certainly decided to make a splash during his first month in the job. He announced that the Federal Reserve will be increasing interest rates by 25 basis points to between 1.5% and 1.75%. However, […]
Bitcoin, Trading At Cost The cryptocurrency market, led by Bitcoin, surged to astonishing highs last fall but has since fallen from grace. The market, spurred by actions in China, Korea, Japan and elsewhere, sold off as regulators untangle fact from fiction. On the one hand cryptocurrencies are a viable technology based on distributed ledger and […]
Blockchain organisation Ethereum have recently announced one of the first cryptocurrency debit cards. Banking institutions have begun to recognise the game-changing significance of cryptocurrencies and have stated their concern over it. In 2018 the Bank of America commented that they consider this form of transaction “speculative” and “risky“. However, they also predict that “substantial expenditures” […]