ESMA Applies Pressure, SegWit2x Resurrected: Best of the Week
- Catch up on last week's top stories
Extra rules for brokers from ESMA
On Saturday we reported that the European Securities Markets Authority is preparing a new set of regulations, and will possible ban the binary options industry altogether.
Discover credible partners and premium clients in China's leading event!
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It is also planning to severely limit the marketing of FX and CFDs to the public. All European authorities will need to adhere to whatever decision is finally made.
One-sided market
Brokers have started to cut back on their cryptocurrency trading options because their clients have been making too much profit. Many brokers jumped at the chance to get on the bandwagon and attract new customers, but as digital money is only rising in value, it no longer seems a feasible business model for them.
Some brokers have suspended the option for customers, some are now preventing new positions from being opened, and others have lowered the price that they pay for leads.
Segwit2x 2.0
On Tuesday we reported that the SegWit2x fork, which was cancelled in November, is now to go ahead after all at block number 501451, estimated to be mined on the 28th of December.
Project founder Jaap Terlouw said: "I promise that all BTC holders will receive not only B2X in the ratio of 1 to 1, but also a proportional number of Satoshi Nakamoto Satoshi Nakamoto “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi Read this Term`s Bitcoins as a reward for their commitment to progress."
Coinbase investigates insider trading
Bitcoin Cash was added to the wallets of Coinbase customers and made available for trading on Tuesday last, but suspended only a few hours later following a suspiciously punctual and drastic spike in price.
CEO Brian Armstrong assured the world that all individuals affiliated with Coinbase were forbidden from sharing or utilising insider information, and that an investigation will be carried out.
Password please
On Wednesday, cryptocurrency Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term Bitfinex became a members-only platform without warning - a password is now required to join. The code appears to be unattainable.
Big new merger
Three massive finance companies are joining up to form a new holding company called 180 Capital.
Brokerage Amana Capital, software company Centroid Solutions, and management firm 514 Capital Partners are waiting for regulatory approval before the move can be made.
Extra rules for brokers from ESMA
On Saturday we reported that the European Securities Markets Authority is preparing a new set of regulations, and will possible ban the binary options industry altogether.
Discover credible partners and premium clients in China's leading event!
[gptAdvertisement]
It is also planning to severely limit the marketing of FX and CFDs to the public. All European authorities will need to adhere to whatever decision is finally made.
One-sided market
Brokers have started to cut back on their cryptocurrency trading options because their clients have been making too much profit. Many brokers jumped at the chance to get on the bandwagon and attract new customers, but as digital money is only rising in value, it no longer seems a feasible business model for them.
Some brokers have suspended the option for customers, some are now preventing new positions from being opened, and others have lowered the price that they pay for leads.
Segwit2x 2.0
On Tuesday we reported that the SegWit2x fork, which was cancelled in November, is now to go ahead after all at block number 501451, estimated to be mined on the 28th of December.
Project founder Jaap Terlouw said: "I promise that all BTC holders will receive not only B2X in the ratio of 1 to 1, but also a proportional number of Satoshi Nakamoto Satoshi Nakamoto “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi “Satoshi Nakamoto” is the alias of the mysterious person (or group of people) that are responsible for the creation and launch of Bitcoin back in 2009 and the authorship of the Bitcoin whitepaper, published in 2008. As such, Satoshi Nakamoto is also the entity who conceptualized and created the first-ever blockchain network. Nakamoto was the first to effectively solve the double-spending problem for digital currency using a Peer-to-Peer (P2P) network. Nakamoto was active in the development of bi Read this Term`s Bitcoins as a reward for their commitment to progress."
Coinbase investigates insider trading
Bitcoin Cash was added to the wallets of Coinbase customers and made available for trading on Tuesday last, but suspended only a few hours later following a suspiciously punctual and drastic spike in price.
CEO Brian Armstrong assured the world that all individuals affiliated with Coinbase were forbidden from sharing or utilising insider information, and that an investigation will be carried out.
Password please
On Wednesday, cryptocurrency Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term Bitfinex became a members-only platform without warning - a password is now required to join. The code appears to be unattainable.
Big new merger
Three massive finance companies are joining up to form a new holding company called 180 Capital.
Brokerage Amana Capital, software company Centroid Solutions, and management firm 514 Capital Partners are waiting for regulatory approval before the move can be made.