The increased demand for cryptocurrencies in 2020 had prompted CoinJump, the reputable exchange platform, to further enhance its services and offer the best rates in the world for cryptocurrencies. People interested to buy or sell Bitcoin and Ethereum can now gain access to the best market rates, thanks Cryptocurrencies latest news and history organized by date that contains 1000000+ news archives. Click here to read what world was saying about cryptocurrencies. Free Virtual Event: June 25th @ 1 p.m. ET Soccer clubs around Europe are increasingly turning to virtual “fan tokens” to raise money and enhance fan engagement. Gold Price Outlook: Real US Rates Matter More than US Dollar for Gold TL;DR: The Complete Cryptocurrency Investment bundle is on sale for £19.21 as of June 25, saving you 94% on list price. If we’re to believe every plot point from the movie The Social Ne…
In order to provide a great solution, we offer our customers a variety of purchase solutions including Credit Card and Wire Transfers. For high volume purchases, we have created an additional OTC desk in order to be able to close a rate in a short period of time.
TALLINN, Estonia, June 25, 2020 /PRNewswire-PRWeb/ — The increased demand for cryptocurrencies in 2020 had prompted CoinJump, the reputable exchange platform, to further enhance its services and offer the best rates in the world for cryptocurrencies. People interested to buy or sell Bitcoin and Ethereum can now gain access to the best market rates, thanks to a series of new features implemented by CoinJump.
Transparent fee structure and reliable market liquidity
To ensure the best market quotes, CoinJump works with several important exchange platforms and mining pools, which means it offers to a liquid environment where customers can exchange Bitcoin and Ether against the Euro, without having to worry about the common flaws seen with other exchange platforms.
CoinJump is all about cryptocurrency transactions and providing the best exchange solutions for customers. That is why both credit/debit cards and wire transfers are accepted as payment solutions by the exchange. Additionally, high volume purchases can benefit from an additional OTC deck in order to be able to close a market rate in a short period of time. CoinJump has a well-connected network of Bitcoin miners and popular exchange platforms, making it the first step into the cryptocurrency world.
Transparency is one of the core values for CoinJump, the main reason why the company is providing details about the cost of exchanging cryptocurrencies. The exchange fee is currently 4.7% including VAT and each transaction is settled at the exchange rate determined when the exchange receives the money into its account.
Bitcoin and Ethereum still dominating the market
Despite a massive inflow of new altcoins, daily exchange volumes are still favoring Bitcoin and Ethereum, the two biggest cryptocurrencies in the world by market capitalization. Backed by years of existence, the cryptocurrency market continues to have trust in these two tokens, and that is why we continue to see BTC and ETH-denominated transactions elevated.
CoinJump is fully aware of the current market trends and it had focused its offer solely on the biggest cryptocurrencies, to provide a reliable and affordable solution for people interested to exchange Bitcoin or Ethereum. To further enhance its attention to customers, CoinJump is now also providing a live chat feature on its website, where any individual can reach the Customer Support or the Compliance department and find an answer to any inquiry.
With a broad set of exchange features, CoinJump is determined to keep providing access to the best cryptocurrency rates for BTC and ETH, ensuring all customers will benefit from using the most reliable tokens in the world. With a strong regulatory background, CoinJump further confirms its commitment to work on behalf of its clients at any point.
CoinJump is one of the fastest and easiest exchange platforms designed for people to buy or sell Bitcoin and Ethereum. The exchange is well-known for its transparent fees and liquid market conditions, which led to customers accessing some of the best market rates. Coinjump is a registered exchange platform where people can exchange cryptocurrencies safely.
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BitAngels New York City Virtual Event – Current State of Cryptocurrencies to Digital Tokens
NEW YORK CITY, June 24, 2020 (GLOBE NEWSWIRE) — (via Blockchain Wire) In this BitAngels online event, we will have 3-4 quality presentations, thoughtful industry speakers, and valuable networking and collaboration. BitAngels virtual city events typically focus on entrepreneurs in the city’s region, but we invite our entire global blockchain network to attend.
To celebrate BitAngels New York’s first virtual BitAngels event, we invite you to register now for your FREE TICKET.
This meeting will include three presenting companies and a dynamic panel discussion focused on crypto and digital securities.
Panel Discussion on the Current State of Cryptocurrencies to Digital Tokens:
- Raymond Kahn, Senior Management at Stealth Mode Fintech Startup (HOST)
- Mason Borda, CEO, Tokensoft
- Jeff Dorman, CFA, Chief Investment Officer, Arca
After registering, the meeting room link will be sent to your email the morning of the event.
**This event will be recorded but video access is limited to BitAngels investor members, who may join for the live event as well as view the recording afterward. To learn more about becoming a member, visit https://www.bitangels.network/membership.
- Bankex – Presented by Igor Khmel
- Intercoin – Presented by Gregory Magarshak
- KryptoSkatt – Presented by Sukesh Kumar
- Accepting applications to pitch here: https://www.bitangels.network/join
BitAngels is a group of cryptocurrency investors helping to grow the blockchain ecosystem through community events and company spotlights since 2013. For more information, please visit our website. Past BitAngels funded companies include Maidsafe, Factom, Ethereum, BnkToTheFuture, Shapeshift, and Storj.
Soccer teams turning to virtual ‘fan tokens’ to raise money
MADRID (AP) – Soccer clubs around Europe are increasingly turning to virtual “fan tokens” to raise money and enhance fan engagement.
And the money can pile up fast.
The latest club to enter the world of blockchain, Spanish champion Barcelona, generated 1.2 million euros ($1.3 million) in less than two hours on Monday.
The 600,000 Barcelona cryptocurrency-based tokens, which sold for 2 euros ($2.20) each, give fans exclusive voting rights in club-specific polls and can give them a chance to win rewards that could include watching games as VIP guests or meeting with players.
Blockchains are “blocks” of information or transactions that are secure and transparent. They are stored on a network of computers around the world without the need of a centralized party or authority to control the data. The information can’t be altered, and the blocks are “chained” together using cryptography to form a protected and public digital ledger.
“Thirty years ago people thought that this internet thing was just about sending email, but today thanks to the internet you can do a million things,” said Alexandre Dreyfus, the CEO of the Socios.com platform where fans can buy tokens and vote on club surveys. “And it’s a bit the same with blockchain. We still don’t know how to use the technology to innovate and do something that not necessarily existed before.”
Barcelona joined Paris Saint-Germain, Juventus, Roma, Atlético Madrid and others using blockchain.
Token buyers can also make money in return by trading the digital assets at a price determined by the market’s supply and demand, and ultimately by the team’s performances and actions.
A team signing Neymar, for instance, could see the price of its tokens go up. A club facing relegation could see the price of its virtual asset go down.
Another batch of Barcelona tokens was put on sale on Wednesday, with the price rising 200% in the first five minutes of trading, Socios.com said. The trading volume hit $1 million in the first six minutes.
Owners can sell and trade their tokens using Chiliz, one of the many cryptocurrencies based on blockchain technology. The trading is done on Chiliz.net.
For now, most clubs are highlighting “fan engagement” as the main advantage of their blockchain-based fan tokens.
“For the biggest clubs in the world, 99.9% of sports fans are not actually in the stadiums, or even in the same city or country of the club that they are supporting,” Dreyfus told The Associated Press.
“There is a lack of engagement and monetization towards this global fan base,” he added. “All these fans have no significant way to have a voice and have an influence. By owning one of these fan tokens, suddenly you are being recognized, and more importantly, you have a voice and a right to vote on a decision that the club is asking you.”
Barcelona said the fan tokens are part of the club’s world-wide expansion strategy as it looks for new digital channels and formats to generate greater engagement with its international fan base. They have been incorporated as the club tries to develop “new streams for the generation of resources” and to become a “benchmark both on and off the field.”
The first survey in which Barcelona token owners can vote on is related to the artwork of a mural that will decorate the dressing room at the Camp Nou.
Juventus was the first club to launch its fan tokens about six months ago, with its supporters choosing the celebration song that is now played when the team scores a goal.
The first PSG poll in February allowed fans to choose an inspirational message to go on the captain’s armband, and Galatasaray’s supporters picked the song played when the team enters the field. Roma fans voted on the name of a field at the club’s training center, and Atlético Madrid’s supporters chose player Álvaro Morata to give exclusive insight into the club’s daily life.
The tokens became a more significant engagement tool during the coronavirus pandemic. PSG players Edison Cavani and Thiago Silva sent personal messages to fans, and Galatasaray token owners gained life-sized cardboard photos of themselves in the team’s stadium.
“The pandemic forced the clubs to look at the other 99% of fans that can generate revenue,” Dreyfus said. “It forced them to reconsider and to try to monetize their global fan base.”
Other blockchain-based actions making their way into soccer include officially licensed digital cards of players, which can be used in virtual fantasy games. Platform Sorare has deals with several clubs and leagues, including the Serie A. It said it has more than 1,800 officially licensed soccer players on the platform, with 3,000 active users who generated about $200,000 in sales in May.
Portuguese club Benfica last year was a pioneer in allowing the use of cryptocurrencies for the purchase of tickets and merchandising. Some clubs also resorted to blockchain to track the authenticity of some of their official products. There were announcements of clubs possibly using cryptocurrencies for salaries and other payments, though nothing has materialized so far.
More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP_Sports
Tales Azzoni on Twitter: http://twitter.com/tazzoni
Copyright © 2020 The Washington Times, LLC.
Author: The Washington Times http://www.washingtontimes.com
Gold Price Outlook: Real US Rates Matter More than US Dollar for Gold
- US Dollar is Not the Only Factor For Gold
- Lower Real Rates is Supportive for the Gold
- Gold Shows a Higher Correlation with Real Yields Over the US Dollar
Gold prices continue to have $1800 within its sights as the precious metal hovers around a 7 ½ year high. However, while the pullback in the US Dollar has allowed for gold prices to remain buoyant, there have been other factors that have been a bigger driver for the precious metal.
Lower US yields in light of the ultra-loose monetary conditions provided by the Federal Reserve have kept gold prices on the front foot, while market based inflation measures have ticked up, resulting in real rates falling deeper into negative territory. That said, with real rates dropping to a fresh 7 year low, we believe this has been the key driver to pushing gold prices higher, which is evident by the notable correlation between real rates and gold in figure 2.
With this in mind, the outlook remains supportive for the precious metal, particularly with the Federal Reserve reviewing the possibility of utilising yield curve control (placing a cap on short-term US yields) and thus could see real rates remain suppressed.
Source: Refinitiv, 10yr Real Rates (RHS) inverted, Gold (LHS)
Another factor to keep in mind has been the rising uncertainty over the number of record daily COVID cases across several US states, which is becoming a more global factor again, given the recent upticks in China, Germany, and Australia. However, while this has contributed to the recent shift lower in sentiment, supporting gold prices, it may take more state-wide restrictions to prompt a notable pullback in risk appetite. As such, this will remain on the radar for the precious metal.
Source: DailyFX, Refinitiv
Author: Justin McQueen
Learn how to invest in cryptocurrencies with this set of online classes
TL;DR: The Complete Cryptocurrency Investment bundle is on sale for £19.21 as of June 25, saving you 94% on list price.
If we’re to believe every plot point from the movie The Social Network, Mark Zuckerberg allegedly stole the idea for Facebook from the Winklevoss twins and went on to become one of the youngest billionaires ever.
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