Saturday, November 30, 2019

BITCOIN FUND IPO LAUNCHING IN CANADA

3iQ Corp. is the first Canadian company that operates a multi-cryptocurrency investment fund. This Thursday the company announced that they filed an offer for the Bitcoin Fund Initial Coin Offering(IPO). The proposal was previously rejected by the Ontario Securities Commission, which approved the offer this time. There will be two types of units at the offering at 10 USD each.

The original preliminary prospectus was filed in October 2018 by the company. However, the Ontario Securities Commission made the decision that the Bitcoin Fund was not in favor of the Canadian citizens. Hence, months later the prospectus was rejected by the Investment Funds and Structures Projects branch director. After that, 3iQ Corp. requested a review of the fund’s prospectus and it was determined that the Security Commission’s concerns were not enough to deny the prospectus. Hence, the preliminary prospectus was authorized.

The Bitcoin Fund is a private cryptocurrency investment fund with registered investment accounts and units with a qualified investment.  The Initial Coin Offering will expose investors to the first crypto coin, Bitcoin, along with its price shifts compared to the United States Dollar. The Bitcoin in the Bitcoin fund will be custodied by the Gemini cryptocurrency exchange.

According to the 3iQ cord. this Initial Coin Offering will be the first private regulated Bitcoin product in the world. Yet, this doesn’t seem to be actually true. Amun AG, a Switzerland-based company, claims to make investing in crypto assets as easy as investing in traditional assets. They have launched exchange-traded products for crypto coins on the SIX crypto exchange. The company was created in 2018 in Zug with offices in Zurich, Switzerland and New York, the United States.

 

Bitcoin is steadily becoming more mainstream and user-friendly. To find out more about Bitcoin, its price, and other related news, check out Bitcoin Price updates and Bitcoin (BTC) Price Predictions to stay up to date with the crypto market’s largest currency.

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ETHEREUM RESEARCHER HELPING NORTH KOREA

In the cryptocurrency community and in blockchain, code is the law. However, recently an Ethereum researcher was working with North Korea, a totalitarian dictatorship. The official name of the country is the Democratic People’s Republic of Korea, which is famous for poverty, human rights violations, nuclear weapons development and has a poor reputation around the world. The United States and a number of other countries have enforced sanctions against North Korea as a way to oppose the country’s politics.

A cryptocurrency scientist that worked on Ethereum was recently charged with facilitating the government of North Korea to avoid paying taxes with blockchain and crypto coins. Geoffrey Berman, a United States Attorney, stated that the researcher allegedly supplied North Korea with technical information with the knowledge that the country could utilize this information in order to dodge sanctions as well as launder money. Thus, he endangered the sanctions put in place by Congress and the President in order to pressure the North Korean government.

The research scientist had allegedly traveled to North Korea and attended a conference on the blockchain technology and crypto coins. He did this despite the United States Department of State denying him permission to do so. The researcher got a Ph.D. at the California Institute of Technology and had supposedly taught the audience during the conference how to use blockchain to avoid paying taxes. During the event, other guests talked about how smart contracts can be utilized for the benefit of the DPRK.

After the researcher’s arrest, an entrepreneur came out saying that he accompanied the researcher to North Korea. He stated that the scientist was misrepresented and his words were misused.

 

Ethereum and smart contracts are truly changing the world nowadays. To find out more about Ethereum & its price, have a look at Ethereum Price updates and Ethereum Price Predictions to be in charge of the potential price shifts.

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Friday, November 29, 2019

Duxa Capital Review: Is it Safe to Sign Up With this Broker?

Are you in search for the best broker you can launch your trading career with? You will have hundreds of choices at your disposal in today’s market, but the more important question is how to identify the best one. If you are only considering the cost of trading when choosing a broker, it would be a major mistake. There are numerous factors that need to be taken into account when deciding if the broker is the right fit for you or not. One of the top brokers you can sign up nowadays is Duxa Capital. Obviously, you will wonder if it is safe to opt for this broker or not. Let’s take a look at the different aspects that make Duxa Capital a great broker for all kinds of traders:

Overview of the Company

An online broker, Duxa Capital is dedicated to providing traders from all over the globe with access to different financial markets. After signing up with the broker, you will be free to use a trading platform for executing trades, getting access to various charts and tools and plenty more. In order to protect its clients, a broker needs to be transparent in all its practices and policies and the best way this can be done is to become properly registered and regulated. This is exactly what Duxa Capital has done. This broker is regarded as one of the safest choices today because it is a fully registered and regulated broker.

Apart from that, it is also understood that some people use online brokerages as a way of laundering money. This can be countered by introducing anti-money laundering policies, which is exactly what Duxa Captial has done. When you check out the broker’s deposit and withdrawal polices, you will see that the broker doesn’t participate in any illegal activities. Instead, it provides proper protection to information submitted by users. The highest standards of encryption have been used on the website to keep the information completely safe. As soon as the information is submitted on the website, it is encrypted right away so no unauthorized party can gain access to it.

This gives traders peace of mind because it allows them provide their personal as well as banking information because they know it will be encrypted. Likewise, you also need to know a broker’s policies for storing the funds you deposit with them because you don’t want them to just run away with your money. Any good broker will definitely pay attention to these features and Duxa Capital has done so. The broker is regulated so it stores your funds in segregated accounts, separate from its own in order to avoid any discrepancies.

Lastly, you also have to know what kind of trading the broker supports and Duxa Capital provides you with the opportunity of trading CFDs. This is referred to as Contracts for Difference (CFD), which means that you are only buying and selling the contract associated with the asset, not the actual asset itself. This is undoubtedly a very convenient and profitable type of trading and can help novices in entering the market without worrying about the risks that are associated with trading the actual assets.

Trading Platform: How Good It Is

When you sign up with a broker, it is definitely not wise to rely on their words alone. After you sign up and want to start trading, you will have to use the trading platform they offer. This platform will be used every time you want to check the market or execute a trade. This tells you that the whole of your trading experience will depend on this platform. If it is not a good one, chances are that you will have difficulty in executing your trades, which can lead to delays and even cost you profits.

With Duxa Capital, this is one less thing you have to worry about. The best part about the broker is that its trading platform has integrated all the financial markets on a single platform. Using their platform, you can access hundreds of assets from all over the globe and trade them easily. Whether you want to trade commodities, forex, stocks or indices, everything can be accessed right from one place. Even cryptocurrencies have been added to the mix, which is undoubtedly a big benefit.

In the world of modern trading, it is also essential for a trading platform to be compatible with several device. It is just not possible to rely on a platform that only works on PCs because people want to be able to use it on the go as well. Duxa Capital has been accommodating in this regard as well because it provides its traders with a smooth experience, no matter what device the choose to use. You have the option of using a web-based trading platform, which can be accessed via the browser and so can be used on any device that has a browser. The good thing about a web-based platform is that it doesn’t have to be downloaded and doesn’t require any updates.

There is also a mobile application available for the broker’s trading platform. This gives traders the freedom of trading on the move and there is no need for the browser either. The mobile app is also laden with a wide array of features so you will certainly not be making any compromises. You only need to download it once and it will offer you optimal performance and make trading easier. This clearly indicates that Duxa Capital has paid attention to the needs of its clients.

Trading Assets Available

The next consideration on your list should be the assets that you can trade with a broker and Duxa Capital doesn’t disappoint at all in this aspect. The tradeable assets that you will find are spread across a variety of financial markets. Whether you are more interested in trading foreign currencies and stocks or it is the lure of cryptocurrencies that has brought you to trading, you can find everything you need at Duxa Capital. Another big benefit is that it only takes you a couple of seconds to trade what you like. In fact, you don’t even need to switch platforms or anything else.

If you want to trade forex currencies, you will be glad to know that Duxa Capital offers you both minor and major forex pairs. It is not necessary to trade just the major currencies, but if you don’t mind taking risks and know some good strategies, you can also take a shot at the minor ones. You can also choose to trade cryptocurrencies with Duxa Capital. This new digital currency is now gaining worldwide acceptance and the broker provides you with a secure and safe platform where cryptocurrencies can be traded easily.

Some of the other assets that the broker has to offer include stocks of some of the leading companies in the world, commodities, including soft commodities like corn as well as precious metals like gold and silver and you can also trade indices if you want. There are lots of options to choose from and even novices can find assets that have high liquidity and are easy to trade. As far as experienced traders are concerned, they can diversify their portfolios with the options available, which helps them in becoming expert investors.

Methods of Deposits and Withdrawals Available

Before you can open an account with any broker, you first need to take a look at their deposit and withdrawal policy. You will find different types of accounts being offered at Duxa Capital, which is done to cater to the needs of traders from different backgrounds. Not every trader is experienced so some account types are designed for newbies. However, the biggest hurdle that most traders face is the amount to be deposited for opening an account with a broker. There is a minimum deposit requirement, but what if it is too much and not something you can afford? These budget restraints are something that Duxa Capital fully understands and this is the reason it has incorporated basic account options as well.

These do have a minimum deposit requirement, but it is very reasonable so even newbies will not have a problem in getting started. As far as experienced traders are concerned, there are several advanced account types also available, which come with a bigger deposit requirement. Nonetheless, this is not a big deal for experienced traders because they do earn substantial amounts from trading. Other than that, Duxa Capital has made significant effort in making deposits and withdrawals easy for its clients. A wide array of payment methods are accepted by traders, which include bank transfers, credit card deposits, e-payments and more.

Likewise, there are plenty of withdrawal methods also available and they have also been made as safe and secure as possible. First things first, the broker doesn’t charge you anything for the deposits and the withdrawals. There are no unnecessary fees applicable in either in most cases. But, you should know that the processing time required by each payment method may vary. Transfers via credit card are quite quick as opposed to others. You should always check the processing time beforehand in order to avoid any inconvenience later on.

Education Materials

These days, brokers have also made it a priority to provide training to their clients before they step into the financial markets. Not only does it benefit the traders, but is also great for the brokers. The latter need more clients and that’s only possible when they help their existing ones in trading successfully. Therefore, they offer some free education on their websites. When it comes to the training and education that Duxa Capital has to offer, you will soon realize how comprehensive it is. The broker has provided this in many formats, which gives traders the freedom of choosing one that appeals to them.

There are on-demand videos that can be found as well as web-based tutorials that can be used. If you don’t want to learn at a quick pace, there are text-based tutorials that can come in handy. When you sign up with Duxa Capital, you can also take advantage of Webinars. They are undoubtedly one of the most effective resources that can be found because they are conducted by experts in their respective markets and can offer a lot of insights. The best part about it is that you can speak to these experts and ask your questions.

Moreover, Duxa Capital’s effort can also be seen through the fact that they have created content for numerous kinds of traders. They don’t just provide this material for new traders, but also do it for experienced ones. After all, there is always something you can learn. Thus, the broker provides content that can help experienced traders as well.

Trading Tools and Features

No matter how long you have been trading, you will always require the assistance and help that trading tools can provide. There are a horde of these tools that can be found in the market and Duxa Capital has added most of them to help their clients in making profitable trades. You can use an economic calendar that covers all important financial events and there are also tools that provide a market summary every day. There are video analysis tools available and you can even get trade signals that can enable you to decide when to open a trade and for how long.

Customer Care

Duxa Capital has not taken this aspect lightly and have provided various options that their clients can use to get in touch with them. You can use email, an online contact form or the live chat feature they have available. You can also get in touch via call if you like. The support is available 24 hours a day, five days a week and the team is very responsive.

Final Thoughts

At this point, you can rest assured that Duxa Capital is the broker you should be signing up with it. There is no need to worry about security aspects because they broker has paid thorough attention to every feature.

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RIPPLE IN BRAZIL: UPDATING THE FINANCIAL SYSTEM

The total population of Brazil is over 210 million, and the number of businesses in the country reached 4.5 million in 2017. Despite all of this the financial transactions both in the country and outside are slow and expensive. This is why Ripple, in partnership with BeeTech, a company designed to simplify and automate processes in the financial sector, is trying to reform the customer experience and optimize how Brazil interacts with the rest of the world.

BeeTech was founded in Brazil in 2016, and Alexander Liuzzi, the Chief Scientific Officer and co-founder of the company, stated that he had experienced the transaction issues himself. When studying in the United States, his family often sent him money for housing, college tuition, and other necessities. The money took days to come, which was a major obstacle for the student.

Hence, when the company started, Liuzzi, along with other co-founders, created a platform for the citizens of Brazil to make transactions, and other financial processes faster, cheaper and easier. During a presentation, he thoroughly discussed the impact that BeeTech has on the country’s financial system and how Ripple is helping to power the platform.

Liuzzi stated that BeeTech not only is a payment platform but also helps to open doors for international payments and significantly lowers transaction costs. In the last three years, the company performed over 200 thousand transactions with more than 1,5 million USD. BeeTech also has a loyal customer base and almost half of the new customers come due to references and good reviews.

By partnering with Ripple, they made the platform more efficient by decreasing the costs, offering real-time prices as well as making transaction settlements immediate. BeeTech is planning to expand its business to the United States and Europe in the near future.

 

Ripple, the third-largest crypto coin in the world, is improving the global financial system. To get more information about Ripple & stay up-to-date, check out Ripple Price updates & Ripple (XRP) Price Predictions.

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THE CARDANO FOUNDATION: CRYPTO EDUCATION IN AFRICA

As we all know, crypto coins were created after the 2008 global financial crisis for people to be able to control their own money and not rely on the governments and the financial system.  Bitcoin had started a movement of independence, privacy, and transparency. It is no surprise that cryptocurrency is often referred to as the money by the people and for the people.

As the crypto and blockchain community as well as companies grow, we see examples of them giving back to the world. Recently, the Cardano Foundation team went on a short trip to Mauritius, an island country to the southeast of Africa.

The purpose of this trip was a mission for Building Blockchain Bridges in the country. The team described their stay as “empowering and very intense.” The team discussed blockchain and cryptocurrency with the local government, entrepreneurs as well as students mainly addressing tech start-ups and the ideas of citizens on this topic.

One of the primary objectives of the Cardano Foundation is helping to enhance the experience of using the blockchain technology. So they were very pleased to notice how this island nation is utilizing this revolutionary technology. The team particularly noticed and highlighted the commitment of the young citizens for creating an environment where blockchain and digital currency can flourish and learning about that.

According to the Cardano team, blockchain is not only a unique technology but also a tool to boost the economy. They also thanked the Mauritius government, the University of Mauritius, the Embassy of Switzerland in RSA as well as the African Leadership College. The team stated that they would be happy to work with other African countries to spread knowledge about the blockchain technology and guide the countries towards improvement.

The Cardano Foundation is doing wonderful things for the crypto community. In order to find out more about Cardano and ADA price, check out Cardano Price updates and Cardano Price Predictions to be more aware of the market.

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BITCOIN PRICE UPDATES: IS THIS THE TIME TO INVEST?

On November 25th, only four days ago, the Bitcoin price went down quickly, reaching 6,638 USD. It was the lowest Bitcoin price has been at since May of this year. The dramatic price shift was mainly attributed to China finally taking action towards illegal cryptocurrency exchanges in the country. The central bank, PBOC, released a statement claiming that action would be taken towards the unlawful crypto trade deals.

Despite this fall, Bitcoin, as well as other cryptocurrencies, had a good year so far after the devastating 2018, when the price crashed to almost 3,000 USD after it’s peak at 20,000 USD the year before.

So things seem to be looking up for the crypto coin as the price has been steadily going up once more. During the last week, the price reached 7,663 USD, yet, it is not as high as predictions stated at the beginning of the year. Since the start of 2019, many investors, company CEOs, as well as other people involved in crypto anticipated that Bitcoin would blow up by 2020, surpassing its all-time high registered in December 2017.  This, in turn, would boost the prices of other crypto coins, which are heavily connected to Bitcoin. Many crypto enthusiasts even thought that this would be the year for cryptocurrency to break into mainstream use.

Unfortunately, due to its nature, the Bitcoin price fell once again. Despite all of this, the head of CoinBuro, Peter wood, in a statement assured that although this certainly won’t be the first price crash, the value will rise, and now is the perfect time to invest money into digital currencies.

 

Bitcoin is undoubtedly the most popular and high-value cryptocurrency nowadays. To find out more Bitcoin, its price, and other related news take a look at Bitcoin Price updates and Bitcoin (BTC) Price Predictions to stay up to date with the upcoming prices as well as make wise investment decisions.

 

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Wednesday, November 27, 2019

HSBC to Digitize Paper Records to Track $20 Billion in 2020

HSBC is planning to shift $20 billion worth of assets to a new blockchain-based custody platform called Digital Vault by March of next year.

According to Reuters report, by using blockchain technology, the new platform will digitise paper-based records of private placements, reducing the time it takes investors to make checks or queries on holdings. Particularly, it is supposed that the platform will provide investors track securities bought on private markets in real-time.

HSBC is expecting that the private placements’ global volumes will reach $7.7 trillion within three years, setting a 60% growth from 5 years earlier. During the same timeframe, bank predicts from 9% to 20% growth in the allocations by asset manager clients.

However, it’s said that it’s not evident how radical the project will be. As Reuters states, HSBC couldn’t measure the amount the bank or its clients will be able to save by using the platform.

According to Ciaran Roddy, head of custody innovation at HSBC’s securities services arm, mentioned that the United States, British, Asian and Middle Eastern insurers get interested in private placements more and more. He noted: “With some of the yields that are on offer, we are definitely seeing an increase in demand.”

 

To learn more info & find out details about Stellar together with its price, take a look the XLM Price updates as well as Stellar Lumen (XLM) Price Predictions to be in charge of the potential price and the entire crypto market movements.

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