News Stocks 

London Stock Exchange worker killed in fall from balcony

“A London Stock Exchange employee fell to his death from an upper-floor balcony, officials said Tuesday” writes Neil Hall for cnbc.com. The exchange confirmed the death in a statement.”The City of London Police is currently investigating the circumstances around the death and the incident is being treated as non-suspicious,” a City of London police spokesman said.Details around the incident are sketchy, but police confirmed it happened around 9:58 London time.The paper also noted that each floor of the exchange has walkways with gaps. “‘It’s horrifying, that’s all I can say,”…

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Crypto News 

Money Management Firm Calls Bitcoin a ‘Fad’ then Files for Bitcoin ETF

“Over the weekend, the digital currency jumped to over $4,000 for the first time, quadrupling its value since the beginning of 2017” writes unknown author for cryptocoinsnews.com. Most notable was the Winklevoss twins bitcoin ETF, which was rejected by the SEC in early March.Money management firm VanEck has filed for a bitcoin ETF despite claiming that the digital currency was a ‘fad.’ Regardless of the recent user activated hard fork (UAHF), which saw the creation of bitcoin cash, bitcoin’s value has soared. Foster concluded by saying that while the blockchain…

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Futures Markets News 

The latest market to go berserk in China: Steel prices

“Chinese steel prices are falling this week after spiking to record highs last week as a series of curbs targeting speculative trading kick in” writes Sophia Yan for cnbc.com. Starting Tuesday, one of China’s biggest commodities derivatives markets is raising transaction fees to 0.05 percent of the total value, from 0.01 percent, on steel rebar futures contracts for delivery in October 2017 and January 2018. Source: cnbc.com Share This:

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Crypto Markets News 

Bitcoin Price Sustains Momentum, Moving Closer to $4,200 as Demand Surges

“Although bitcoin price surpassed the $4,200 mark across many US-based exchanges, global bitcoin exchange market index providers including BraveNewCoin show that on August 13, bitcoin price peaked at $4,163” writes unknown author for cryptocoinsnews.com. After experiencing a minor correction and dipping below $3,850, bitcoin price has started to sustain its upward momentum, recovering beyond $4,150 and moving closer the $4,200 mark.Hence, today, on August 14, bitcoin price established its new all-time high at $4,195, based on the global bitcoin exchange market index.Bitcoin price overwhelmingly surpassed the maximum target of Goldman…

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Crypto News 

LAToken Bringing Assets Worth Trillions Onto Blockchain

“The LAT Exchange will follow KYC and AML rules and apply for exchange license where needed” writes Prableen Bajpai for investopedia.com. However, the LAT exchange reduces transaction costs and lowers the barriers to entry on such contracts which traditional involve lot size and value limitation.Different financial assets offer different characteristics in terms of liquidity, risks, cash flows, tradability, and together make a portfolio well-balanced.By allowing buying, selling and management of an investor’s portfolio on its blockchain​ and Artificial Intelligence (AI) powered platform, the LAT exchange makes investing not just faster,…

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News 

Moneytis is like a travel fare aggregator, but for sending money abroad

“Instead of telling your bank to send money to your bank account, you send money to TransferWise first” writes Hours Ago Ryan for techcrunch.com. Instead, Moneytis takes a small cut from third-party services as it is generating leads for those foreign exchange services.Moneytis wants to do the exact same thing, but for foreign exchange services.You don’t have to sign up to other services as you can send your money directly on Moneytis.The startup then converts the amount and transfers your money to the other account abroad. Source: techcrunch.com Share This:

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Crypto News 

Bitcoin Hits New All-Time High above $3,700 amid Rising International Tensions

“Popular cryptocurrency exchange Bitfinex recently announced that it will no longer accept U.S. clients” writes unknown author for cryptocoinsnews.com. Bitcoin hit a new all-time high today, soaring past its previous record hitting $3,793.86 before sliding back, as one bitcoin is currently worth $3,744.56, according to data from CoinMarketCap.Back in July, Goldman Sachs’ chief technical analyst Sheba Jafari accurately predicted that bitcoin’s price would pull back to about $1,850, before setting a new record high.The cryptocurrency’s new record pushes its market cap to $61.7 billion, with the entire cryptocurrency ecosystem now…

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Crypto News 

Tokyo Bitcoin Exchange Coincheck Launches Startup Investment Fund

“Japanese bitcoin exchange Coincheck is launching a new investment fund aimed at supporting startups developing virtual currency services and blockchain-based solutions” writes unknown author for cryptocoinsnews.com. Tokyo-based Coincheck, one of the Japan’s leading bitcoin and altcoin trading platforms, will directly start investing in new startups with the launch of the ‘Coincheck Investment Program’, a new startup investment fund. A senior executive at bitFlyer, Japan’s largest bitcoin exchange, estimates that up to 300,000 Japanese retail storefronts could be accepting bitcoin by the end of 2017.The launch of the new investment fund…

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Crypto Markets News Platforms 

Polish Bitcoin Exchange BitBay Opens Shop in India; 6 Altcoins Supported

“Leading Polish bitcoin exchange BitBay is priming to become the first international cryptocurrency trading platform to target the Indian market with the launch of a new digital currency exchange in the country” writes unknown author for cryptocoinsnews.com. Poland-based bitcoin and altcoin exchange Bitbay is set to launch a trading platform in India in a move that will see unprecedented support for the trading of multiple cryptocurrencies in the country.With its entry, BitBay will support bitcoin and six other altcoins, namely Ether, Litecoin, Lisk, Monero, Dash and Gamecredits.The nascent but growing…

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Crypto News 

ShapeShift is Assisting Police to Trace Cashed Out Bitcoin From WannaCry Ransomware

“The ShapeShift team further emphasized through an official statement that it will cooperate with law enforcement to trace the transactions of the WannaCry ransomware team” writes unknown author for cryptocoinsnews.com. It was further revealed that bitcoin withdrawn from the WannaCry ransomware wallet was exchanged for Monero on ShapeShift.In an interview with O’Neill, Neutrino chief technology officer Alberto Ornaghi, noted around $20,000 was withdrawn from one of the bitcoin wallets tied to the WannaCry ransomware. It is still unclear whether the ShapeShift team and law enforcement will be able to trace…

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