Search Results for: Digital Asset
Bitcoin Just Surged Past $7,000. Here’s Why
November 3rd, 2017
As of late Thursday, the price of Bitcoin was about $7,000, having reached the threshold for the first time just hours earlier. The upswing continued a rally that started Wednesday, when the Chicago Merchantile Exchange announced plans to offer ...
Bitcoin turns 9 and has evolved into a global currency already
November 1st, 2017
Satoshi Nakamoto, the anonymous creator of bitcoin, released the bitcoin whitepaper 9 years ago, on October 31. Since then, based on every indicator imaginable, bitcoin has evolved into a major global currency, store of value, and safe haven asset. ...
Wall Street’s three major indexes ticked up; Asian shares hit 10-year high
November 1st, 2017
Asian shares hit a 10-year high on Wednesday on the back of solid economic growth globally, while oil prices extended a bull run on hopes that major oil producers will maintain their output cuts. MSCI’s broadest index of Asia-Pacific ...
Bitcoin Is Paying Out Dividends Now — Just Not to Everyone
October 25th, 2017
On top of stupendous capital gains, investors in bitcoin are also getting a dividend — if they’re lucky. A split in the blockchain created a new offshoot in the form of bitcoin gold on Tuesday, with bitcoin holders receiving ...
Bitcoin market cap tops $128 billion for the first time in its history
October 23rd, 2017
Institutional investors are avoiding Bitcoin, saying it is the most crowded trade in global markets. On Monday, the crypto-currency experienced a surge in trading volume that boosted it to $7710 a coin ($US6026) and surpassed a market capitalisation of ...
Tradefinancial transacting via ISXPay Australia
October 16th, 2017
Highlights: Australian CFD Trader, Tradefinancial, completes integration and is now transacting “live” with ISXPay® via Paydentity™ platform. ISXPay® providing payment processing, settlement and full payment facilitation services Tradefinancial will contribute revenue in the current quarter Australian Securities and Frankfurt ...
Canadian Securities Regulators Announce Ban On Binary Options
September 29th, 2017
The Canadian Securities Administrators (CSA) announce the implementation of Multilateral Instrument 91-102 Prohibition of Binary Options, which makes it illegal to advertise, offer, sell or otherwise trade binary options shorter than 30 days with any individual. “Binary options are ...
Bitcoin shows that can survive and thrive without China
September 28th, 2017
Bitcoin traders have got a couple of things right lately. The digital currency can survive and thrive without China. And government regulation is positive, not negative, for the future of Bitcoin and other major cryptocurrencies. It adds credibility to ...
US bank CEOs are likely ‘very afraid’ of bitcoin, says wealth advisor
September 21st, 2017
CEOs of U.S. banks are likely “very afraid” of bitcoin, according to a wealth advisor. Some financiers have said the cryptocurrency is an unwise investment because of its volatility or supposedly weak store of value, but bank chiefs have ...
Deloitte announces record global revenue of US$38.8 billion
September 15th, 2017
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...
