Sentences with phrase «speculate on cryptocurrency»

The price of bitcoin spiked over the past month, drawing hordes of first - time investors eager to speculate on the cryptocurrency.

So whether you are a forex trader or want to speculate on cryptocurrency, stocks or indices, use our broker comparison list to find the best trading platform for day traders.

It should be about investing in great entrepreneurs building great companies and less around speculating on cryptocurrencies and certain financial instruments.

«For traders it will be much easier to speculate on cryptocurrencies with the option to park assets in the USDX system and retain value.

Miles Eakers, chief market analyst at foreign exchange business Centtrip, said in an email on Monday night: «Governments across the globe continue to clamp down on retail investors speculating on cryptocurrencies, with the People's Bank of China stating it would step up measures to remove any onshore or offshore platforms related to virtual currency trading or ICOs, «to prevent financial risks».»

Bitcoin has surged eight times in value this year to reach a price of over $ 8000 currently, which has made many banks to begin interest in speculating on cryptocurrencies.

allows institutional investors to speculate on cryptocurrencies.

The launch of ETFs allows institutional investors to speculate on cryptocurrencies.

Anyone speculating on the cryptocurrency market must pay a 33 % tax on gains, and declare these in the «other income» section on their tax return, STI said at the end of last year.

You can also make far more money speculating on cryptocurrencies than owning your own business but that's even riskier.

Not exact matches

However, when it comes to speculating on value of cryptocurrency, they worry about this becoming a bubble and a source of problem for educated investors.

The price of cryptocurrency poster child, Bitcoin, remained steady, despite on user speculating its value might drop following comments from the world's second wealthiest man.

Look at what is going on in the ICO market, in cryptocurrencies, and you see that no one is afraid to speculate in this market,» he told CNBC.

Per the FCA, «Cryptocurrency CFDs allow investors to speculate on a change in price of a virtual currency such as Bitcoin or Ethereum, which have proved volatile.

The positive news on bitcoin comes at the same time as industry insiders are speculating on whether China could be looking at allowing cryptocurrency trading again.

The purpose of this article is to look into the future and speculate on the potential value of cryptocurrency market once it matures, in other words, make a prediction of how big the demand for blockchain technology will be in, say, 5 - 10 years.

Some bitcoin exchanges are strictly for speculating on the price of bitcoin and other cryptocurrencies to make a profit.

Love to trade cryptocurrency and speculate on the Bitcoin's price?

The value of Seagate's investment in Ripple Labs is much less than speculated when you drill down on how much it owns, the illiquid aspect of it and the volatility of XRP's cryptocurrency

The Blockchain Board of Derivatives (BBOD) and its unparraleled security and liquidity enhancing techniques is an absolute necessity for anyone who wants to protect their cryptocurrency portfolio from market volatility or just speculate on the markets to rise or fall.

Last month in September, banks had asked companies to close their cryptocurrency accounts where some speculated that such closures were the beginning for a crackdown on the cryptocurrencies and this act was related to the anti-money laundering legislation.

A futures market has sprung up for cryptocurrencies and, depending on the exchange, these futures markets are speculating that anything within the range of $ 250.00 — $ 500.00 is plausible.

The Bitcoin price has little to do with the demand for the currency as a means of exchange, and instead the demand is coming from those who are speculating on the price of this cryptocurrency.

GAIN offers cryptocurrency trading either as an over-the-counter (OTC) derivative or as a future, allowing traders to speculate on price movements without owning the underlying asset.

As Hacked speculated earlier, no ban on cryptocurrency trading was announced.

These contracts allow people to speculate on assets at high leverage, or alternatively protect themselves from cryptocurrency volatility by canceling out their exposure, without any centralized exchange.

Most are hoping to cash in on the volatility experienced in cryptocurrency markets by speculating in different cryptocurrencies.

Hacked speculated on Tuesday that cryptocurrencies could be poised for a breakout in the not - too - distant future.Price action involving bitcoin certainly confirmed that trend, as the world's most active cryptocurrency rebounded 20 % from the Feb. 26 swing low to test the 50 - day moving average.

With the Financial Services Agency (FSA) fully aware of the deal, Yahoo Japan is not speculating on a possible entry into the cryptocurrency exchange space but it has already started its journey into joining the more than 17 exchanges already registered by the Japanese financial watchdog.

OKCoin, the Hong Kong headquartered cryptocurrency exchange has announced that in response from high demand from its users to speculate on the potential chain - split token Bitcoin Gold (BTG), the company decided to open a trading market of BTG / BTC at 18:00 on Oct 26, 2017 (Beijing Time).

There are always people who like to speculate on the future price of existing and new cryptocurrencies.

The night before cryptocurrency's Weiss Ratings were published, traders on 4chan's / biz / message board speculated over how their anointed coins would fare and debated the extent to which Weiss» winners would pump off the good news.

Several analysts have speculated that the launch of CryptoRuble would likely lead to a nationwide ban on Bitcoin and other cryptocurrencies.

It's difficult to speculate what kind of effect cryptocurrency will eventually have on the population of the Philippines over the next few years.

It has been speculated that the emails could be a ploy by traders seeking to profit from a further decline in cryptocurrency and Bitcoin on the futures markets.

Following the ban imposed by top UK and US banks such as Lloyds banking group and JP Morgan on their cryptocurrency clients, a big conversation was sparked among traders and investors in the crypto space with many speculating that other countries to follow suit.

Some have speculated, if regulators were to step in and shut down Tether — a company owned and operated by the same management team behind the cryptocurrency exchange, Bitfinex — that could lead to the undoing of exchanges that depend on it, like Poloniex, Binance and Bittrex.

Smith speculated that they would likely only focus on the main cryptocurrencies such as Bitcoin and Ethereum and list it as part of their reserves.

Mossavar - Rahmani went on to speculate about the impact — which she characterized as small — of a potential downturn in the cryptocurrency market on the wider economy.

Given the big soar in price of Bitcoin Cash after it was listed on coinbase, investors who believe in the future of cryptocurrencies speculated a similar surge in price of Ripple and started pumping money into Ripple right before the correction took place as there was no better time to buy given the bullish nature Ripple prices were taking.

If ultra-rich cryptocurrency investors don't really know what blockchain technology and cryptocurrency even are, it's likely they are merely speculating on the largely unregulated market — which may account for the sharp and dramatic sell - off which took place in January and February.

Based out of Singapore and with an MSc in Applied Economics & Finance from Copenhagen Business School, Van - Petersen is an active Twitter user with no fear of speculating on tough topics like the prices of cryptocurrencies.