British banking titan HSBC is partnering with The Sandbox for its new venture into the metaverse. The Sandbox announced the partnership yesterday, revealing that the collaboration would help create opportunities for virtual communities across the world to engage with global financial services and sports communities in the metaverse. Under the deal, HSBC will acquire a […]

The post Banking Giant HSBC Partners With The Sandbox in Move to The Metaverse appeared first on Coin Bureau.

A group of congressmen are appealing to the US Securities and Exchange Commission (SEC) to be more accommodative to the crypto industry, criticizing the agency’s current stance on the space. Writing to SEC Chair Gary Gensler, Tom Emmer of Minnesota, Darren Soto of Florida, Warren Davidson of Ohio, Jake Auchincloss of Massachusetts, Byron Donalds of […]

The post US Lawmakers Call Out SEC For Putting Unnecessary Burden On Crypto, Stifling Innovation appeared first on Coin Bureau.

Relai, a bitcoin-only savings and investment app, is using a referral program to donate up to 50% of referred transactions to humanitarian organization UNICEF.

The future of NFTs is already hyped by its present. Moreover, if the leveraging of the security is based on the Bitcoin network. Bringing in an industry-first approach for minting exclusive art works, Carnival is the first Iberoamerican NFT marketplace to reach this level of security with the help of Rootstock. Why is Carnival Rocking? [...]

The post ​​Carnival: Latin American Marketplace for NFTs Is Here With Minting on Bitcoin appeared first on Blockonomi.

Few industries are as competitive as international travel.

The post Friendly fraud warning as resurgent travel businesses explore new crypto horizons appeared first on CryptoSlate.

Nix Eniego shares his journey from tech startups to PDAX and finally to Sky Mavis, the developers of Axie Infinity.

The post Nix Eniego – Sky Mavis’ New PH Lead – Shares Crypto Journey in BitPinas Webcast appeared first on BitPinas.

Banking executive Hiromi Yamaoka believes that the conflict in Ukraine could influence central bank digital currencies (CBDCs) policy globally.  The former head of payments and settlements department at the Bank of Japan sees countries such as China exploring CBDCs to counter the dominance of US dollars.

The post Russia sanctions could push other countries to develop their CBDCs appeared first on CryptoSlate.

With the crypto market in stasis, here are some ways to use your time in limbo productively.

In late 2018, the crypto market died. For literally months the price did nothing except bracket up and down, seemingly without reason, and at one point traded in a US$100 range for

Kazakhstan's government terminated 106 illicit crypto mining companies in its latest crackdown against such organizations.

Crypto assets saw some wild swings in the day and are now trading to the upside. Risky assets are reacting to the FED’s decision to raise rates by 25-basis points, and the increasing global adoption might be adding weight to the boost. Related Reading | Expectations Of Aggressive FED Drop, Here’s Why Bitcoin Could Rise To $50K What Hikes? Crypto Reacts To The FED The Federal Reserve just lifted rates 25 basis points, raising rates for the first time since 2018. Six more hikes are expected in 2022. The markets have been experiencing volatility following expectations for a more hawkish FED, given the implications of the Russo-Ukrainian war, rising U.S. inflation, and increasing Covid-19 cases. In the day, the crypto market had a downward reaction first, which experts described as a fake-out, then started to react to the upside. Experts expressed during a Fox Bussiness Live that the FED is lagging behind and this move will not affect the economy. They added that the FED is giving investors a plain field to do well in stocks, “not worrying about the U.S. economy.” Similarly, the light interest raise hikes are looking positive for bitcoin and consequently for other crypto-assets as well. Chair Jerome Powell claimed that “the probability of a recession within the next year is not particularly elevated,” and added, “All signs are that this is a strong economy, one that will be able to flourish — not to say withstand, but certainly flourish — in the face of less accommodative monetary policy.” As NewsBTC has been reporting, the 25bps hike scenario looks bullish for Bitcoin for its more passive stance. As many believe the FED’s dovish move comes as a late reaction and will do little to nothing to the U.S. inflation, investors might be taking refuge in Bitcoin as it has happened before. Inflation is expected to remain high at 4.3% by the end of 2022, above the Fed’s annual target of 2.3%. Keeping savings in the bank only means a loss of purchasing power, and as a result, many people might start to see Bitcoin as a hedge against these losses. Cameron Winklevoss, the co-founder of Gemini, argues that the best way to shield yourself from rising inflation is Bitcoin. “Imagine paying a money manager 7.9% a year to do absolutely nothing with your money. That’s what inflation is. It’s a hidden management fee that comes with no return. Today, if you hold USD cash, you are paying the US government 7.9% to do nothing with your money. Scary.” Ukraine Sings Crypto Regulation Amidst the Russo-Ukrainian war, crypto has also been looking like the only feasible option to the people affected by the invasion and sanctions. Ukraine has benefited from crypto assets in several ways during the war. They have received over $108 million in donations in crypto-assets and reportedly, citizens have been able to use digital coins as a tool to safely take their funds with them when fleeing the country. Moreover, regulatory clarity for crypto in the U.S. and other places is expected. Many politicians are taking stances in favor of cryptocurrencies, and Ukraine’s president Zelensky is not lagging behind. Volodymyr Zelensky just signed a law “on virtual assets” to legalize crypto. An official statement says that this law “creates conditions for the launch of a legal market for virtual assets in Ukraine.” “The signing of this Law by the President is another important step towards bringing the cryptocurrencies sector out of the shadows and launching a legal market for virtual assets in Ukraine.” The deputy minister of digital transformation, Alex Bornyakov, expressed that they believe “that crypto industry offers new economic opportunities. We will do our best to bring the bright new future closer as soon as possible.” This does not mean cryptocurrencies are a legal tender in Ukraine, but crypto holders are now legally protected in the country. This favorable sentiment appears to be growing amongst many politicians and governments around the world, which could turn into a rapidly growing institutional adoption of crypto. As both Russians and Ukrainians have found themselves in need of an alternative to the traditional financial institutions, they have also sought refuge in bitcoin and stablecoins. Besides the functional side experienced by Ukrainians, Russians could be finding in crypto a refuge from their devalued ruble. This sets a worldwide example and could end in a positive scenario for the market. Related Reading | Leading News Outlets In Ukraine Aim To Secure $1 Million By Selling NFTs

Global banking giant HSBC has purchased a plot of virtual land in The Sandbox metaverse as part of a newly announced deal with the virtual world platform.

The post HSBC plunges into the metaverse via Sandbox partnership appeared first on CryptoSlate.

To the outsider, few things are as mysterious as the stock market. While it has the potential to diversify your income if you are a trader, it also has the potential to wipe out your earnings in seemingly the blink of an eye. That reality isn't lost on adults in America, roughly 61% of whom say the stock market feels intimidating or scary. Most people, we can all agree, will resist investing in something they don't feel comfortable with, yet despite its inherent risks, trading has the possibility of being beneficial in the long term. How, then, can we encourage more people to become retail traders and start their own investment journeys, wherever they may lead? TruTrade.IO, led by its co-founder, Danny Rebello, believes the answer lies in providing retail traders with automation software that incorporates the institutional strategies used by investment bankers and hedge funds.

Why Trading Feels Confusing to So Many People

The stock market fluctuates according to patterns or cycles that can be overturned by sudden events like the coronavirus: one day things seem fine, and the next, the world has dramatically changed, sending markets plunging. It takes a certain amount of knowledge or experience, then, to know how to potentially ride those inevitable developments and decide whether you should trade or sit tight.

Trading also involves concepts and terminology that the pros studied in college before earning additional certifications and entering the world of FOREX, equities, and futures. Yes, it is true that there are a lot of excellent books that explain trading to the outsider and that there is no shortage of seminars, but can they teach everything that a professional learned during their four years in college? Perhaps not. Additionally, it is likely that the information in books and seminars can become outdated as techniques and strategies evolve. 

In the end, we can probably assume that 47% of U.S. families are not investing in the stock market for one or more reasons: they do not feel they have enough knowledge to invest, they are apprehensive about its ups and downs, or they think that trading is only for those who have a specialized education.

How TruTrade.IO Is Working to Encourage More People to Invest

TruTrade.IO states that the world of trading should be open to everyone regardless of their socioeconomic or education status. “While trading will always involve an element of risk, we want people to feel confident that when they trade, they do so knowing they are using the strategies available to pro traders.”

To that end, the company created its automation software, which it says utilizes tips previously known only by industry professionals. “We believe that manual trading is no longer the best option for retail traders,” it states. “It involves a lot of time and energy that most people simply do not have. While the retail trader will, of course, invest some time in learning how to use TruTrade.IO, the software can help them to potentially begin their trading adventure on the same footing as a professional.”

One element faced by retail traders and the pros alike is risk. “Again, there is no way to take it completely out of trading,” TruTrade.IO believes. “However, as institutional traders know, there are ways to possibly lower it, which is the goal of DRAMM, our dynamic risk management module.” 

TruTrade.IO explains that with DRAMM, the software manages an array of complex money management strategies, allowing retail traders to potentially trade more realistically, which the company claims is an advantage over other retail trading systems.

Professionals also have strategies that can possibly minimize drawdowns, or declines in portfolios, and increase the accumulation of equity. “We think retail traders should have these as well, which could help them to feel more confident about trading,” TruTrade.IO says. “So, we have provided the ability for traders to hedge their positions against the same financial instruments or against other correlated financial instruments in different asset classes. The software is very systematic and incorporates multiple bar-types and timeframes.” 

Institutional traders also understand how to potentially minimize slippage and take advantage of any market condition. “We thought this was vital for retail traders to have, too, so we included bot-add-ons for our post-purchase clients,” TruTrade.IO explains. “With these features, we think that more people will feel comfortable with the idea of trading and will enter the market.”

Will TruTrade.IO's Algorithmic Trading Technology Lead to More Retail Traders?

As political upheaval, natural disasters, and interest rates are just a few of the things that can affect trading, the market will remain complex and necessitate caution. However, the automated software created by TruTrade.IO could be a step in the right direction, as few can deny that the strategies used by professionals have the potential to benefit the retail trader as well.

To learn more about TruTrade.IO's retail trading technology, please visit https://www.trutrade.io/. 

Or contact:

Direct: 480.248.3554

[email protected] 

www.trutrade.io 

 

7014 East Camelback Road 

Scottsdale, AZ 85251