Eightcap Launches Impressive Award-Winning Crypto Derivatives Offering with Ultra-Low Spreads

Eightcap, a multi-award-winning CFD broker, has announced the introduction of over 250 Cryptocurrency derivatives on the MT4 and MT5 platforms, allowing clients to diversify their crypto portfolio. The firm is positioning itself as the new home of crypto derivatives with this new launch.

Not only has Eightcap’s latest crypto launch outperformed what other derivatives providers are presently offering, but the broker was also named Best Crypto Broker at the AtoZ Markets annual awards 2021, beating out competitors like Robinhood.

The introduction was a long-awaited response to the existing difficulties that crypto derivative traders encounter on exchanges and brokers. For example, due to regulatory difficulties, withdrawal limits have been reduced, making it difficult for crypto derivative traders to retrieve their assets. Clients will be able to purchase and sell a variety of Cryptocurrency CFDs, including crypto-crosses and crypto indices, using Eightcap. Clients will have access to a variety of funding choices as well as the ability to make quick withdrawals.

SIGN UP NOW

“At Eightcap, our aim is to give a new home for Crypto derivative traders by delivering an unrivaled offering that includes the world’s largest crypto derivative library, ultra-low spreads, and quick withdrawal alternatives,” stated Joel Murphy, CEO of Eightcap. “Because of the regulatory problems that crypto exchanges like Binance are having, traders are left with unneeded concerns regarding their funds and whether or not they will be able to withdraw them.” From the moment they establish an account to the time they wish to withdraw their cash, Crypto derivative traders may have a smooth experience with us.”

The broker’s relatively low spreads on over 250+ crypto futures make this offering even more appealing. Crypto derivative traders, for example, can begin trading Bitcoin at 12 pence per coin, Ether at 0.45 pence per coin, Cardano at 0.004 pence per coin, and Dogecoin at 0.0002 pence per coin.

“The Eightcap product focuses entirely on establishing regulated leveraged derivative trading possibilities for Cryptocurrency traders, which offers more security than typical offshore exchange platforms,” said Marcus Fetherston, Director of Operations at Eightcap. We’re ecstatic to offer a service that caters to the demands of crypto derivative traders, allowing them to have the greatest trading experience possible.”

ABOUT EIGHTCAP

Eightcap is an Australian online financial trading firm located in Melbourne. The Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CYSEC), and the Bahamas Securities Commission are all regulating Eightcap (SCB). The fast-growing firm offers award-winning MT4 and MT5 trading platforms for online Forex and CFD trading. Eightcap provides individual and institutional clients with trading in the Forex, Indices, Commodities, and Shares markets, with competitive pricing, excellent client service, and exceptional execution technology.

Margin trading has considerable risks, including the possibility of losing your whole initial investment. The underlying assets are likewise not yours to possess or have any rights over. Margin trading is not appropriate for all investors, so please make sure you understand the risks, get independent advice if necessary, and read the applicable legal paperwork (available on our website) before proceeding.

Europe is now the world’s cryptocurrency capital

With over €870 billion in bitcoin received in the previous year, Europe has become the world’s largest cryptocurrency economy.

According to new research by blockchain analytics firm Chainalysis, countries in Central, Northern, and Western Europe (CNWE) accounted for 25% of all worldwide cryptocurrency activity.

With roughly €145 billion in bitcoin trade volume, the United Kingdom led the CNWE area. France, Germany, the Netherlands, and Spain came in second, third, and fourth, respectively.

In mid-2020, when crypto transaction volumes in Europe began to rise, volumes in East Asia – the previous world cryptocurrency capital by transactions – began to plummet.

Trade Now With Best Crypto Exchange

Rapid growth Of Europe

According to this research, “whales,” or huge institutional investors that move massive amounts of bitcoin, drove Europe’s rise.

“In July 2020, CNWE’s cryptocurrency economy started to accelerate. We noticed a significant rise in big institutional-sized transactions at this period, defined as transfers of more than $10 million (€8.5 million) in bitcoin “According to a study.

The firm’s data demonstrates the magnitude of such expansion. Large institutional transfers were about €1.2 billion in July 2020. By June 2021, that amount had risen to €39.6 billion, making the whales responsible for more than half of the total crypto transfer volume in the CNWE.

According to the study, Defi, or “decentralized finance,” platforms handled the bulk of big institutional transactions in Europe.

Large investors have embraced Defi platforms because they provide means to stake cryptocurrencies, allowing long-term holders to profit from interest payments by lending their bitcoin to Defi protocols.

In Case , You Missed It :MoneyGram has begun using the Stellar blockchain to settle USDC transactions

Dolce & Gabbana set a $6 million record for fashion NFTs

The cancellation of Dolce & Gabbana by the digital world following a series of offensive statements about race, sexuality, and size, which reached a pinnacle in 2018 when the fashion house released a video in China featuring a Chinese model clumsily eating spaghetti with chopsticks, appears to have reached a multimillion-dollar end level.

How else to explain the brand’s announcement on Sept. 30 that a nine-piece collection of digital NFTs, or nonfungible tokens, as well as some genuine couture, had sold at auction for a total of 1,885.719 Ether (Ethereum cryptocurrency), or over $5.7 million.

Collezione Genesi, developed in collaboration with UNXD, a curated marketplace for digital luxury and culture, and auctioned by UNXD, was described as the most sophisticated fashion NFT has ever designed and presented.

Because the payment to Dolce & Gabbana would be made at market rates rather than prices at the auction’s closing, the cryptocurrency’s value has risen since the announcement — up 10% as of Friday — bringing the collection’s value to $6.1 million. Pranksy and Seed, two of the most well-known NFT collectors; Boson Protocol, a startup developing a crypto-commerce protocol; and Red DAO, a decentralized autonomous organization created in the crypto community to invest in digital fashion, were among the buyers.

BUY , SPEND , TRADE & INVEST With ETH Today

“These charges are not surprising,” said Nick Jushchyshyn, Drexel University’s program director for Virtual Reality and Immersive Media. “You have world-renowned designers producing something truly one-of-a-kind, with extraordinary attention to detail — well beyond what you would expect to see in a standard computer representation — and it’s a one-of-a-kind piece. It’s only natural that there would be an NFT collector out there who would appreciate it.”

Merav Ozair, a prominent blockchain specialist and Rutgers Business School FinTech professor, agreed. “In fact, I expected it to arrive sooner,” Ozair explained. “We are going toward a virtual-reality world, and luxury products will be part of that world when we get there – sooner than we think, in a couple of years.”

Shashi Menon, the Dubai-based publisher of Vogue Arabia and the founder and CEO of UNXD, contacted Dolce & Gabbana with the concept in April. Even though the brand is known for its over-the-top luxury events rather than its pioneering technological spirit (see Jennifer Hudson belting out Puccini’s “Nessun Dorma” during the women’s fashion show and Helen Mirren dancing to Ciara performing “1, 2 Ste” during the semiannual couture Alta Moda weekend, most recently held in Venice in August, during which Jennifer Hudson belted out Puccini’s “Nessun Dorma” during the women’s fashion.

Join our Exchange and enjoy the incredibly Low trading Fees

They collaborated to develop the Genesis Collection, or Collezione Genesi (there are said to be more coming). A request for comment from Dolce & Gabbana was not returned.

Five of the pieces were physical creations by Dolce & Gabbana, with virtual iterations by UNXD for the metaverse: two versions of The Dress from a Dream, in gold and silver, both with shimmering beads and crystal accents; The Glass Suit, an emerald-green men’s suit, similarly embellished; and two gold-plated and gem-studded silver crowns, The Lion Crown and The Dog Crown.

More NFTs are planned by Dolce & Gabbana and UNXD. They aim to launch DGFamily at the end of the month, a crypto community with four tiers of membership, the highest of which is gold, and which will be made up, at least initially, of Collezione Genesi purchasers. The NFT series of digitally created jewel boxes will be released next, providing access to more digital and physical drops and experiences.

Money in 2030: A future where DeFi and CBDCs can work together

Decentralized finance (Defi ) and central bank digital currencies will eventually make money widely available throughout the world by coexisting with mutual advantages.

Decentralized finance (DeFi) is revolutionizing the way people think about money throughout the world quicker than any previous financial revolution. Banks, who have had a monopoly on how we access money since antiquity, are now having their monopoly challenged. Now, DeFi is beginning to provide an alternative that has the potential to completely change the economic landscape and democratize access to money.

This massive change of power away from governments and banks and toward ordinary people has been long overdue, especially in poor countries, where DeFi is already gaining traction as a mechanism for remittances and small loans. DeFi can also help with financial inclusion, which is important given that 1.7 billion adults are still unbanked.

This huge shift of power away from governments and banks and toward regular people has been long overdue, particularly in developing nations where DeFi is already gaining popularity as a vehicle for remittances and small loans. DeFi can also aid with financial inclusion, which is critical considering that 1.7 billion adults are currently without access to financial services.

However, with DeFi on the increase and governments and banks fearful of losing control of the monetary system, they are focusing on creating their own digital currencies. Central bank digital currencies (CBDCs) are viewed as a means for central banks to keep control over the monetary system while allowing consumers to interact more quickly and cheaply.

INVEST NOW WITH LOW TRADING FEES

DeFi In the future

Let’s pretend that it’s the year 2030. A young Parisian woman, Célia, takes out her phone to purchase a Eurostar ticket from Paris to London. She selects her primary digital wallet when she gets to the payment screen. Célia checks her wallet and notices that her digital euro amount has decreased. Nobody has cash savings these days since loans may be taken out and paid back inside a person’s wallet based on the worth of whatever assets they own, and they are paid back automatically over time.

While DeFi plays an important role in 2030, CBDCs, which have become the default tool for banks throughout the world, are also important. Following the success of its earlier experiments, China is leading the way. They do, however, want increased governmental control, inspection, and censorship. As a result, DeFi has become the dominant method for individuals who value freedom to handle their funds, and it currently serves as the foundation for the global financial system.

And, as a result of DeFi’s popularity, we’ve said goodbye to bank accounts, which allowed us to access and utilise our money from anywhere at any time, as well as borrow money when needed.

PLAY GAMES, EARN CRYPTO – BLOCKCHAIN GAMING

In the previous decade, gaming has been one of the most competitive and hypercharged businesses. A business, like bitcoin, is so alive that there is always a new trend to jump on. To avoid the continual FOMO trends, a few stakeholders have taken it a step further and integrated blockchain technology into the gaming business.

What exactly does this imply?

Soon, you could be able to make money from all of your video gaming time! Yes, there’s a good chance your next major buy will be backed by something you bought from a video game.

How do you do it?

Blockchain gaming is the answer. Users may now earn bitcoin while playing video games thanks to blockchain gaming. The gaming industry is expected to be fundamentally transformed by blockchain technology. This transition will have an influence on how video games are produced and maintained, as well as the user experience they provide.

If you, too, are a video game fanatic or have a lot of free time and want to make the most of it. This is the article for you. Come along with us.

WHAT IS BLOCKCHAIN GAMING ?

Before delving into what blockchain gaming entails, it’s critical to first grasp what a blockchain is. Even though the term is self-explanatory, envision a train track for the sake of clarification. Each of the wooden sleepers on the platform represents a block. A blockchain is a network of data blocks, similar to how a train track is made up of wooden sleepers. No one can tamper with the data in this chain since it is totally transparent to all of its users. You’d have to work on the entire chain to remove one block.

Players in a blockchain-based game might possess a fixed amount of items, which would be recorded in a shared ledger. These may be NFTs or non-fungible tokens.

Their ownership of assets will be altered like never before with the arrival of blockchain gaming. Players who are accustomed to owning assets that are inextricably linked to the game may now take them with them outside of it! This has resulted in some interesting changes in the sector. To put it another way, players may now store gaming stuff outside of the game and transmit anything to anybody. They don’t have to sprint, dance, or leap through fires to complete basic transactions.

ADVANTAGES OF BLOCKCHAIN GAMING

# Enhancement In Gaming Experience

The gaming business is quite international. It involves a million people and businesses. Integration with payment gateways at a high cost is an issue we should have solved long ago for such a large business. Such additional expenditures may be effectively removed with the use of blockchain technology in gaming. Not only does this make gaming more affordable, but it also improves the entire user experience.

# Enhancement In Gaming Security

From harmful cyberattacks to phishing efforts, the gaming industry has always been plagued by fraudulent practices and illegal actions. It is, without a doubt, one of the industry’s most urgent issues.

This comes as no surprise. Because online gaming generates a lot of money, it’s one of the most popular targets for hackers. These crimes can range from identity theft to account hacking and even the creation of false virtual assets. Players are constantly worried about getting scammed. Due to the blockchain’s integration, such illegal acts can be put on hold because the assets would be stored on the blockchain, which no one can alter.

# Decentralised Ownership

The ownership of virtual assets has sparked a number of cold wars between creators and users in the gaming industry. With the introduction of blockchain gaming, a revolution might be on the horizon.

Many believe that it is the players that spend hours upon hours on games that shape them into what they are. So it’ll be a relief for them to finally be able to possess the goods they won throughout their gaming session. The assets will be immutable owing to the blockchain’s characteristics.

To Get You Started, Here Are Some Promising Blockchain Gaming Options

1.Spinterlands

Spinterlands is a deck-building game with collectible cards. It gives its users incentives in the form of NFT and bitcoin.

The game currently has the highest number of documented users for a blockchain-based game. There are 283,950 users on a daily basis. This number of users is much larger than that stated by most of the country’s exchange platforms.

2. Axie Infinity

In August 2021, Axis Infinity, a trade and combat game, claimed a one million user increase. It now serves more than 33 times the 30,000 customers it did in April. Axis is a game that allows users to breed, trade, nurture, and combat Axies. The game’s users are rewarded with AXS, Ethereum-based money.

What Does the Future of Blockchain Gaming Hold?

Several businesses utilize gaming as a reliable predictor of trends, consumer spending, and even technology. With the incorporation of blockchain into gaming, huge sums of real money are now on the line, and this might be a harbinger of things to come. Yes, these advancements are still entwined with the virtual gaming world, making it an ideal environment in which to test the first widespread use of blockchain.

But now that our virtual and actual worlds are colliding, gaming will be the place to be. Who knows where we’ll end up next?

US Senators introduced legislation Requiring the Treasury Department to report on Global Use Of cryptocurrency

Two senators from the United States have presented a bipartisan measure to improve bitcoin supervision. The measure mandates that the Treasury Secretary provide a report to Congress on cryptocurrencies and their worldwide competitiveness, including how other nations use and mine them, as well as their implications for supply chains.

A new bill has been introduced to improve global oversight of cryptocurrency and its uses

Senators Maggie Hassan and Joni Ernst, both members of the Senate Homeland Security and Governmental Affairs Committee, presented bitcoin legislation on Monday.

“Force the finance minister to present a report to Congress on virtual currencies and global competitiveness,” the measure said. This bipartisan bill intends to “increase supervision of cryptocurrencies,” including “mining activities in other nations,” according to the senators.

Senator Hassan went on to say:

“The bill would require the Treasury Department to submit a report to Congress on virtual currencies and their use around the world, including how other countries are using and mining cryptocurrencies, as well as how cryptocurrency mining operations are affecting supply chains, including critical technologies such as semiconductors.”

The Attorney General, the Board of Governors of the Federal Reserve System, and other relevant government agencies will be consulted for the Treasury Secretary’s report. It must be presented no later than two years after the measure is signed into law.

Senator Hassan called on several government agencies, including the Treasury Department, to address illegal uses of cryptocurrencies, such as cyberattacks, earlier this month. Senator Janet Yellen urged for action against unlawful cryptocurrency use during her confirmation hearing for Treasury Secretary.

Senator Hassan made the following remark:

To improve the United States competitiveness, our government has to have a greater understanding of the role of cryptocurrencies in the global economy and how it is being used by other countries.

She stated,

“I’m pleased to work across the aisle with Senator Ernst to ensure that the Treasury Department remains on top of the usage of cryptocurrencies, particularly how it may influence our supply chains.”

The bill is available here.

Morgan Stanley doubles exposure to crypto through Grayscale Shares

Morgan Stanley, a major American financial firm, has more than quadrupled its holdings in Grayscale Bitcoin Trust since April.

The Morgan Stanley Europe Opportunity Fund, which invests in known and developing firms throughout Europe, held 58,116 shares of the Grayscale Bitcoin Trust, or GBTC, as of July 31, according to a report filed with the United States Securities and Exchange Commission or SEC. GBTC’s price is $ 34.28 at the time of writing, bringing the investment bank’s exposure to Bitcoin (BTC) to roughly $ 2 million; Morgan Stanley claimed that the stock was priced at $ 2.4 million.

According to prior information, Morgan Stanley has raised its investments in GBTC in GBTC since April. According to previous disclosures. According to Bitdenex, the investment bank had 28,298 GBTC, valued at $1.3 million at the time.

Morgan Stanley is increasing its exposure to Bitcoin Cash (BTC) in 2021. The firm’s Europe Opportunity Fund seeks to maximize capital appreciation by investing in “high quality established and developing” European firms that the team believes are “undervalued at the time of purchase.”

The investment bank announced in April that it would use cash-settled, grayscale futures to provide exposure to bitcoin in 12 investment vehicles. Morgan Stanley went on to lead a $48 million fundraising round for Securitize, a Coinbase-backed tokenization platform, marking the bank’s first financial investment in blockchain.

Cathie Wood, the CEO of Ark Invest, has a large stake in the Grayscale Bitcoin Trust. The company said in July that it had bought over 450,000 GBTC shares in two separate transactions. Ark Invest and its institutional funds had more than 8.3 million GBTC shares at the time of publishing, accounting for 0.69 percent of its portfolio.