Author: Anna Galvez

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Crypto Markets

TRON (TRX) Dealt With Shift Markets And Made Its Emergence On The Mainstream FOREX Markets

In an early movement, corroborating with the ongoing impetus of the Tron (TRX), Justin Sun, reported on his official Twitter page the significant association of the Tron Foundation and Shift Markets, reported Ethereum World News. This deal will boost TRX’s liquidity even more not just within the cryptocurrencies markets but in mainstream Forex markets trading global fiat currencies, as well.

TRON partnered with @shiftmarkets to introduce $TRX into more currency markets around the world. Stay tuned.

Justin Sun, TRON (TRX) CEO, on Twitter

Justin Sun has also shared a link to the official announcement which also talks about the fact that TRON (TRX) will now be the liaison between cryptocurrencies market and mainstream Forex markets, as TRX will be available for trading from 9 brokers, each from a different country.

The first one to bring TRON (TRX) will be an UK-based exchange, in the forthcoming weeks, and will be closely followed by J.M. Financial, a broker based in India.

TRON (TRX) partnered with Shift Markets and will emerge on mainstream Forex markets

We are delighted to close the gap between the foreign exchange and cryptography markets with a project as popular and exciting as TRON. The demand for FX has been huge, and we anticipate more and more crossover between the two markets.

Ian McAfee, Shift Markets CEO

Shift Markets offers a comprehensive brokerage suite that covers liquidity, trading technology, risk management, sales, marketing, and compliance. Among Shift Markets’ clientele, there are brokers, CFDs, cryptocurrency, as well as mid-market and start-up companies.

The services offered by Shift Markets cover anything from start-up stage of a company to the maturation phase.

On the other hand, at the moment of this writing, TRON (TRX) is traded at $0.060, increasing by about 3.20% in the last 24 hours. TRX is placing on the 10th position on the cryptocurrencies market with a market cap of about $4 billion.

Categories
Crypto Markets

SBI Holdings Launched VCTRADE, Its Own Cryptocurrency Exchange Platform, With Ripple (XRP) As The Main Asset

SBI Holdings has officially announced the launch of its own cryptocurrency exchange platform called VCTRADE, which is, in fact, the first cryptocurrency exchange platform provided by a bank. The platform will start trading with the 20,000 customers who registered in October last year, who will be able to trade with Ripple (XRP) in exchange for JPY in VCTRADE.

The company plans to extend its services to more customers from July and include other cryptocurrencies such as Bitcoin (BTC) or Bitcoin Cash (BCH).

According to the statement, the company completed the registration and fees required to operate this type of business on Japanese territory since September 2017 and has since worked to prepare for the launch of VCTRADE.

In October 2017, SBI Holdings allowed customers interested in crypto trading to register and, not surprisingly, more than 20,000 applications have been submitted.

SBI Holdings launched VCTRADE, its own cryptocurrency exchange platform, with 0 fees for XRP/JYP trading

For the XRP/JPY exchange, there will be no commissions as the SBI Holdings’ statement said. Also, fees for withdrawals will be charged at the time of making these types of transactions.

In terms of security and safety, the company will be backed by the Japanese Secom Trust Systems and both companies will collaborate for the management of the wallets for the VCTRADE exchange platform.

SBI Holdings had connections with the cryptocurrencies market before

In early March, the company sealed the purchase of 40% of CoolBitX, a Taiwanese company that owns the CoolWallet Bitcoin (BTC) wallet.

In addition, also in early March, the bank has canceled its collaboration with the Chinese startup Huobi, which, at first, announced they’d support SBI in launching its SBI Virtual Currencies.

On the other hand, SBI has been working with Ripple (XRP) since January 2016 to meet the growing demand for cryptocurrencies market services in Asia and put the basis a new company called SBI Ripple Asia which operates in Japan, China, Taiwan, Korea and the countries of the Association of Southeast Asian Nations (ASEAN).

Now, with the launch of its own cryptocurrency exchange platform, VCTRADE, SBI Holdings secures its position as a leader in the Asian cryptocurrencies market

Categories
Crypto

0x (ZRX) Has Surged By More Than 10% In The Last 7 Days – ZRX Dropped By 7% In The Last 24 Hours

0x (ZRX) is trading lower by about 7% against the USD in the last 24 hours, reaching to $1.24. However, on a 7-day timeframe, 0x (ZRX) has recorded surge of over 10%.

At the moment of this writing, ZRX is the 30th cryptocurrency in the world by its market cap which reached about $660 million. Besides, 0x has been traded on cryptocurrency exchanges in a volume that surpassed $17 million in the last 24 hours.

0x (ZRX) has surged by over 10% in the last 7 days

Despite the losses ZRX recorded today which might be generally caused by the news that Microsoft acquired GitHub code repository where many cryptocurrency and blockchain projects are posted as open sources. Consequently to this announcement, the crypto enthusiasts started to wonder how this change could influence the crypto-verse and, accordingly, all the major cryptos began to drop.

Back on 0x (ZRX), the coin has been generated on August 11th, 2017 by the renowned 0x Project, about which you can learn more here. Backed up by a great team involved in very successful projects, the ZRX cryptocurrency managed to jump above $2 in January 2018 but it dropped a lot since then.

However, 0x (ZRX) has shown a strong recovery lately and managed to surge by more than 10% in the last 7 days.

How to buy and sell 0x (ZRX)?

0x (ZRX) can be purchased, traded, exchanged, or sold on Abucoins, IDEX, Gatecoin, Mercatox, ChaoEX, OTCBTC, Gate.io, Vebitcoin, Ethfinex, Bittrex, Zebpay, C2CX, DDEX, Poloniex, Paradex, OKEx, BigONE, CoinTiger, Huobi, Lykke Exchange, Radar Relay, HitBTC, GOPAX, Upbit, Hotbit, Cobinhood, Koinex, Liqui, Livecoin, Stellar Decentralized Exchange, and Binance.

However, it is not possible to purchase 0x (ZRX) using fiat money such as the US Dollar. Accordingly, those who’d like to hold or trade ZRX must initially buy Ethereum (ETH) or Bitcoin (BTC) on a cryptocurrency exchange that permits USD exchanges, such as Coinbase, Gemini, or GDAX.

In the end, 0x (ZRX) is a heading to becoming a major player on the cryptocurrencies market and I think it worths keeping an eye on its evolution.

Categories
Crypto Markets

Cryptocurrencies Market Dropped Today As Microsoft Acquired GitHub Code Repository

Mircosoft acquired GitHub code repository and the cryptocurrencies prices fell on Monday, today, as the crypto community is not yet sure how this acquisition will influence cryptocurrencies market. Bitcoin (BTC) fell by more than 2.9% after it had risen to $7,754. However, BTC has dropped below the 7,500 USD mark earlier and now is trading at $7,488.

Most virtual currencies collapsed in May after the U.S. Department of Justice opened a criminal investigation into the possibility that traders are manipulating the Bitcoin (BTC) market.

All major cryptocurrencies have also fallen today as Microsoft acquired GitHub

Besides Bitcoin (BTC), the Ethereum (ETH), the world’s second largest cryptocurrency by market cap, dropped to $587, shedding about 4.65% in the last 24 hours.

The third cryptocurrency by market cap, the Ripple (XRP) has fallen by 1.93% to 0.65, while the Litecoin (LTC) has reached the level of $119 after dropping by 5.30%.

The cryptocurrency community has not taken very well the news that the software giant Microsoft acquired GitHub, a well-known code repository that hosts many blockchain and cryptocurrencies projects.

In fact, on GitHub, the cryptocurrency community’s members can contribute to or gain a deeper insight into the code of the future projects. Now, as Microsoft has been announced that it acquired GitHub, many Twitter and Reddit users are concerned about the impact that a massive company, that is Microsoft, could have on the decentralized blockchain community on GitHub and beyond it.

A new cryptocurrency trading platform has been introduced in Europe

Besides the allegedly bad news that GitHub has been sold to Microsoft, Gibraltar, a British territory, has launched a regulated and licensed cryptocurrency trading platform called the Gibraltar Blockchain Exchange.

This is a subsidiary of the Gibraltar stock market, therefore, it would be one of the first cryptocurrency trading platforms to be regulated by a European Union stock market.

Gibraltar Blockchain Exchange cryptocurrency trading platform has started to operate with limited trading but the platform already has more than 300 retail accounts and even some institutional investors.

Categories
Crypto News

Ripple (XRP): Ripple Company To Allocate $50 Million To 17 Universities For Blockchain And Cryptocurrency Study

Ripple is one of the largest blockchain companies in the world and its currency, Ripple (XRP), is the closest crypto coin to become a centralized cryptocurrency. In any case, Ripple (XRP) is one of the strongest cryptos on the cryptocurrencies market and the only one which managed to deal with big financial institutions such as Western Union and Banco Santander. Now, Ripple, the owner of the XRP crypto coin allocated about $50 million for cryptocurrencies study to 17 universities, as part of its University Blockchain Research Initiative (UBRI).

Ripple has donated more than $50 million to 17 universities to be invested in studying the world of cryptocurrencies and blockchain. This is not Ripple’s first massive donation, however, as the company has already spent $29 million on public education in the United States.

The new initiative is called the University Blockchain Research Initiative (UBRI) and will provide funding for research programs related to the blockchain, cryptocurrency, and digital payment systems.

In addition to the money, the company will also contribute with its expertise and resources to the research.

Ripple (XRP) will finance the blockchain and cryptocurrency study at 17 universities

For the time being, there are already 17 universities that will participate in Ripple’s UBRI project. Among them, there are some prestigious ones, such as Princeton or MIT, in the USA, while the others are in countries such as Australia, Luxembourg, or South Korea.

The universities’ dedication to the cryptocurrency and blockchain ecosystems will create new job profiles, while the aim of UBRI is precisely to encourage students to pursue a line of research in these fields. Universities may carry out the work and research they deem appropriate in any way they wish.

Besides Ripple (XRP) UBRI project, there are even more prestigious universities that are going to carry out research on cryptocurrency, a fact which says a lot about this digital financial ecosystem.

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