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Tag Archives: TRADE

MYTC Bringing Business Benefits of Bartering Trade

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Crypto Daily News | Bithumb Trade Volume Drops and Bakkt Release

In today’s edition of Crypto Daily News, we’ll cover why Bithumb has dropped nearly 40% in its trade volume and why Bitcoin (BTC) was unaffected by the NYSE news. Crypto Daily News: August 3rd, 2018 Bithumb Sees Slump in Trade Volume The world’s 13th largest cryptocurrency exchange by its current trade volume, Bithumb, has dropped a substantial amount since it ...

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Counterparties Could Foot the Bill For $416 Mln BTC Futures Trade Shortfall on OKEx

Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its risk management alert system was ...

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Blockchain Platform to Allow Users to Trade Gold for Virtual Currencies

A company is creating an ecosystem where tangible assets such as gold can be traded for virtual currencies in a digital environment. The platform, known as the Digital Gold Exchange (DGE for short,) says it has the goal of establishing a place where users can securely store their assets and trade with others “quickly, safely, and without intermediary intervention.” It ...

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OTC is Much Larger Than Bitcoin Exchange Volume: Where Real Whales Trade

TABB Group, an international research company, has disclosed in its extensive analytical report that the over-the-counter (OTC) market of bitcoin is significantly larger than the global bitcoin exchange market. OTC Versus Exchanges: Whales Against Retail Traders For many years, the majority of bitcoin analysts predicted billions of dollars to be traded on a regular basis in the OTC market, by ...

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How Blockchain Promotes International Trade, Identity and Financial …

International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. “I’m quite keen to help people in understanding what the potential of blockchain is,” said Chivunga in an interview with Bitcoin Magazine. “And at the same time I’m ...

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Cryptocurrency Trade Volume Reaches 11 Week High

Markets are recovering from a two day correction; Stellar, Binance Coin, 0x, and Pivx performing well. As we enter the weekend markets have rebounded slightly and are heading back towards $300 billion. Following a correction that saw $15 billion leave the markets things are slowly heading back upwards and most cryptos are in the green this morning. Daily trade volume ...

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Self-Regulatory Crypto Exchange Association Considers Margin Trade Limits to Stem Losses

The Japan Virtual Currency Exchange Association (JVCEA) said it wants to place restrictions on member exchanges’ margin trading. The news of the plans of Japan’s self-regulatory cryptocurrency body comes from a Chinese media report July 24. Margin trading is the practice of borrowing money from the broker, used by crypto traders to buy or sell more cryptocurrency than they could ...

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One of Top IT Industry Trade Associations Publishes Blockchain Guidebook for Public Sector

The Computing Technology Industry Association (CompTIA) has published a guidebook on blockchain technology, aimed at the public sector workers. The report, titled “Harnessing the blockchain revolution,” was released Tuesday, July 24. One of IT industry’s top trade associations, CompTIA has published a guidebook tittled “Harnessing the Blockchain Revolution: CompTIA’s Practical Guide for the Public Sector.” The report includes recommendations for ...

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The Rise of Blockchain-Powered Trade Finance Platforms

Although they don’t hold the same disruptive promise of radical decentralization as do their permissionless counterparts, private blockchains that governments and corporations run are still capable of transforming entire sectors of the world economy. Global trade has long been viewed as one of the most conspicuous areas for instrumental application of distributed ledger technology (DLT), with both trade finance and ...

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