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Bithumb Global Launches Margin Trading for Bitcoin and Ether Pairs with Tether

Source Node: https://cointelegraph.com/news/bithumb-global-launches-margin-trading-for-bitcoin-and-ether-pairs-with-tether
Time Stamp: April 3, 2020 8:20 AM - Modified On: May 21, 2021 - Published By:
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Bithumb Global, the international platform of South Korea’s top crypto exchange, has rolled out margin trading with 5x leverage for Bitcoin (BTC) and Ether (ETH) trading pairs with Tether (USDT).In an announcement published on April 2, the exchange revealed the service would be available on its website and app. It will, however, be restricted for traders living in jurisdictions where margin trading is prohibited or capped — as, for example, with Japan.  Leveraged trading gains traction in the industryMargin trading enables traders to use borrowed funds in order to increase their

Revolut Reacts To Corona Crisis, Pushes out New Crypto Support

Source Node: https://insidebitcoins.com/news/revolut-reacts-to-corona-crisis-pushes-out-new-crypto-support/256350
Time Stamp: April 3, 2020 6:46 AM - Modified On: May 21, 2021 - Published By:
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Revolut, a digital banking app, has recently rolled out its cryptocurrency services to all of its standard users. This comes alongside a statement from the app itself that it widened its access earlier due to the current global economic crisis.This Is No April Fools’On the first of April, 2020, the UK-based fintech service provider made the announcement that it will allow for cryptocurrency accounts and trading to all of its standard users, with a 1.5% flat fee per trade. Before this announcement, these services were reserved only to its Premium

Is Blockchain Necessary? An Unbiased Perspective

Source Node: https://cointelegraph.com/news/is-blockchain-necessary-an-unbiased-perspective
Time Stamp: April 3, 2020 3:42 AM - Modified On: May 21, 2021 - Published By:
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Yes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the stock market will tell you that it’s the epitome of evil. Blockchain engineers and enthusiasts will tell you it’s the future of the world. The government, as usual, will be indecisive.Both are overly eager in their opinions, and both are unfortunately wrong. Blockchain is wonderful and revolutionary, no doubt there. But it has some very serious cons that are underplayed

Nodle Outgrows Stellar, Begins to Migrate to own Blockchain

Source Node: https://cointelegraph.com/news/nodle-outgrows-stellar-begins-to-migrate-to-own-blockchain
Time Stamp: April 3, 2020 12:52 AM - Modified On: August 29, 2021 - Published By:
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Nodle Network, an IOTA (MIOTA) competitor, is in the process of migrating from Stellar (XLM) to its own blockchain network with the release of the Arcadia testnet.Nodle is a decentralized network provider that specializes in detecting and connecting the internet of things (IoT). It currently connects over five million active nodes with over 92 million detected devices. While Stellar has been able to handle Nodle’s heavy traffic of 1.3 million daily transactions to date, the company believes it needs to deploy its own blockchain to accommodate some of the advanced features

Crypto Friendly Laws Help Boerse Stuttgart’s App Top 100,000 Users

Source Node: https://cointelegraph.com/news/crypto-friendly-laws-help-boerse-stuttgarts-app-top-100-000-users
Time Stamp: April 2, 2020 10:27 PM - Modified On: August 29, 2021 - Published By:
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The cryptocurrency trading app of Germany’s second-largest stock exchange, Boerse Stuttgart, exceeded 100,000 users on March 30 amid increasingly permissive regulations in the country.The Bison app, which launched on Jan. 31st, 2019, has attracted a six-figure user base in just 14 months.Bison users grow 40% during Q1 2020Ulli Spankowski, the chief executive of Boerse Stuttgart Digital Ventures subsidiary and developer of the Bison app, Sowa Lab GmbH, notes that the milestone has been reached amid a 40% growth in users since the start of 2020. Boerse Stuttgart’s app supports Bitcoin (BTC),

Bitcoin and Visa Transactions Plunge But Pizza Deliveries Are Up

Source Node: https://cointelegraph.com/news/bitcoin-and-visa-transactions-plunge-but-pizza-deliveries-are-up
Time Stamp: April 1, 2020 3:22 AM - Modified On: August 29, 2021 - Published By:
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Online purchases using Bitcoin (BTC), Visa, and some retail apps are down for the first quarter of 2020, spanning cryptocurrency and fiat currency transactions.With many around the world self-quarantining or otherwise recommended to stay inside to prevent the spread of COVID-19, one might assume there would be an increase in online purchases and deliveries. Yet with unemployment on the rise and an uncertain economic future, it seems consumers want to save their money rather than spend it.Bitcoin transactions rivaling those during crypto winterThe crypto market is not exempt from this