Japanese Broker Monex Launches Crypto-Based CFDs With 2x Leverage

The Japanese online securities company Monex has revealed the launch of cryptocurrency-based contract-for-difference (CFD) services that went live on Wednesday. The new derivatives products offered by Monex will include bitcoin, XRP, ether, and bitcoin cash pairs with 2x leverage. Japanese digital currency exchanges are getting into leverage products as the firm Monex has revealed a … Read more

In the Daily: Cryptocurrency Payments, Nvidia Losses, Suspended CFD

In the first edition of The Daily this weekend, we focus on a study estimating that 13 percent of people have used digital coins for payments. We also look at the latest financial report from Nvidia indicating losses due to falling demand for chips used in cryptocurrency mining. Lastly, a broker suspends its crypto CFD … Read more

The Daily: New Institutional Crypto Wallet, Korean Won Stablecoin

In today’s edition of The Daily, we feature a couple of new offerings in the cryptocurrency market including a wallet made for exchanges and token issuers as well as the latest fiat-backed stablecoin. Additionally covered are an exchange that underwent an auditor’s inspection and a crypto CFDs provider that got FCA authorization. Also Read: Wikipedia … Read more

UK Regulator: Utility Tokens Are Not Subject to Securities Laws

Britain’s financial regulator is seeking to clarify which cryptocurrency activities need to be officially authorized. The regulator is specifically cautioning that it may ban the sale of crypto derivatives such as CFDs later this year. It’s also clarified that cryptocurrencies and utility tokens are not securities. Also Read: Blockchain.com Launches New Educational Resource With BCH … Read more

CMC Markets Adds Bitcoin Cash to Cryptocurrency Offering

CMC Markets, a U.K.-headquartered financial derivatives brokerage with shares listed on the London Stock Exchange, revealed on Tuesday that it has expanded its cryptocurrency offering to include bitcoin cash (BCH), as well as litecoin (LTC) and ripple (XRP). Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages CMC Markets Responds to … Read more

The Daily: Crypto Funds Team up With New Startup Hub, FX Broker Adds BCH/BTC

In today’s edition of The Daily, we look at a group of major cryptocurrency venture funds teaming up with a new startup hub, some good news for Israeli investors, a new platform launched in open beta and an FX broker that is adding bitcoin cash (BCH)/bitcoin core (BTC) to its platform, as well as 15 … Read more

Plus500 Enables EOS Trading Support Despite Diminished Interest in Crypto

The past six to seven months have been extremely interesting for most cryptocurrencies. With massive gains in late 2017 and steep losses throughout early 2018, making sense of these markets has not always been easy. Plus500, a well-respected online trading platform, is confident the cryptocurrency boom is “over”. It’s an interesting statement, considering that they added support for … Read more

Interest in Cryptocurrency Derivatives Drives CFD Marketplace’s Revenues up 284%

Derivatives trading platform provider Plus500 posted a 284% increase in revenues in the first quarter of this year compared to the previous year, largely due to high levels of interest in its cryptocurrency CFDs offerings. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Triple Digit Rise On Tuesday, contracts for difference (CFDs) market provider … Read more

ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs

Cryptocurrency CFDs are now a must-have feature for all online retail brokers in order to retain clients judging by the scope of the industry that is adding the instrument. The international brokerage ADS securities is now offering five different cryptocurrencies to its traders.  Also Read: Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes ADS … Read more