DAEX DAX

$0.0114
Market Cap $ 4.234 MM (#535)
24h Volume $ 952.255 K
Chg. 24h: -4.29%
Algo. score 3.2/5  (#424)
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DAEX News

How DAEX can be a reliable financial and technology partner ...

How DAEX can be a reliable financial and technology partner of digital asset exchanges through technological revolu… https://t.co/9wwp994cB4

2 days ago

Perkins Coie LLP Hires Former CFTC Counsel Kari Larsen For Blockchain Practice

According to Perkins Coie LLP, CFTC Veteran Kari Larsen has joined the firm. Larsen, previously an executive at LedgerX, had also served as a counsel for CFTC. According to the industry group's chair, J. Dax Hansen, Kari will bring a deep knowledge of derivative exchange platforms together with the knowledge of the commodities sector. By doing this, the firm hopes Kari will represent traders and CFTC registered organizations which are focused on rolling out innovative products among them crypto products. This follows after recently the firm also hired a former NYDFS attorney, Dana Syracuse who would see the development of the states cryptocurrency regulations. (VK)

3 days ago

In #INDOCOMTECH Conference in Jakarta, Indonesia, DAEX Co-fu...

In #INDOCOMTECH Conference in Jakarta, Indonesia, DAEX Co-funder Hana Zhang delivered a speech.why she think "The F… https://t.co/kIOOsCGDSh

5 days ago

Our October report is up! Read more about our progress on DA...

Our October report is up! Read more about our progress on DAEX Wallet and Clearing Chain development, strategic coo… https://t.co/sL7vbeYV8y

10 days ago

Bitcoin Showing Relative Strength against Stocks as Extreme Pain Coming for Global Markets.

Crypto market continues the red movement from yesterday while “showing strong relative strength against stocks.” Meanwhile, the world stock markets that are being permeated by bears have a lot more pain ahead of them. Bears Taking Over the World Stock Markets Vs Red Crypto Market The crypto market is going red with Bitcoin down by 1.95 percent, Ethereum (ETH) by 3.41 percent while XRP got hit by 3.13 percent. Bitcoin Cash (BCH), Litecoin (LTC), Tron (TRX), and IOTA (MIOTA) all are in the red by close to 5 percent. However, as put by Max Keiser, Partner at crypto VC funds, Bitcoin is coming out as a strong contender against stocks: “Bitcoin is showing strong relative strength against stocks. As this trend continues, cash parked in stocks and bonds will rotate into Bitcoin. I see new ATH’s in the medium term.” Relative strength is simply the measure of the price trend of a financial instrument or stock in comparison to other instruments, stock or industry. Though crypto market seems to be slowly trying to make its way away from the red until yesterday the crypto market has been in the green, unlike the global stock market which has been slowly venturing into the bear market. If we take a look at the world stock markets, it is not at all doing good and with analysts calling out a bigger rout with no future catalyst to take the market higher in sight, the market scenario is bearish. The current scenario is shown below: Source: Zerohedge According to Bank of America Merrill Lynch, the bears are getting even more vicious outside the US with about 58 percent of MSCI’s global index stocks being in a bear market right now. There’s blood on the street in Europe as Germany DAX Performance Index is lower 13.28 percent on the year and Italy’s FTSE MIB is down 14 percent this year. However, most of the equity indexes are either already in or about to achieve correction. Bear has already gotten into the global stock market and is now permeating the US that could make 2019 be the year of the bear. Morgan Stanley’s chief equity strategist Michael Wilson has called the market moves “the rolling bear market” that has “unfinished business with the S&P.” He further shared that after two weeks of the rolling bear market, it has “made its latest and loudest statement yet by attacking this bull market’s darlings - Growth stocks, concentrated in the US Technology and Consumer Discretionary sectors.” Moreover, according to him “it doesn’t take heavy analysis to recognize this market is now approaching bear territory.” Though S&P is down only 8.8% this month while giving up all of its years till date gains, “40% of US Stocks and almost every sector have fallen 20% at some point from their 52-week highs.” The post Bitcoin Showing Relative Strength against Stocks as Extreme Pain Coming for Global Markets. appeared first on Coingape.

12 days ago

Check it out! Benjamin Gu, the Chairman of DAEX Foundation, ...

Check it out! Benjamin Gu, the Chairman of DAEX Foundation, shared excellent insight in <Security Token Offering>ev… https://t.co/97TiILUKyx

17 days ago

DAEX cooperates with Bai Shuo, the former Chief Engineer in ...

DAEX cooperates with Bai Shuo, the former Chief Engineer in Shanghai Stock Exchange, to publish the World’s First E… https://t.co/qD3jHcwxZ8

19 days ago

Europe’s fintech firms are on pace to set an IPO record this year

European fintech startups are parlaying enthusiasm for their budding sector into stock market listings. Seven of these financial firms have announced or completed initial public offerings (IPOs) this year, on pace to set an annual record, according to PitchBook data. The market is humming: Adyen’s stock skyrocketed after the payment processor’s listing, and this week Funding Circle said it’s planning a high-profile IPO. In another sign of fintech’s rise, Wirecard, a German payment-software startup, dislodged Commerzbank, the country’s second-biggest bank, in the DAX 30 index of blue-chip German companies. Deutsche Bank, meanwhile, is getting dropped (paywall) from Europe’s leading index of top-tier stocks this month. These days, the Frankfurt-based lender’s €20.4 billion ($23.7 billion) market capitalization isn’t much more than Adyen’s €18.7 billion market value. Not every fast-growing fintech is racing to go public, of course. In April, the CEO of Revolut, a London-based unicorn that touts itself as a bank alternative, said an IPO was still several years away. Becoming a listed company, particularly in the US, has been criticized as too expensive and time-consuming for entrepreneurs. Spotify’s CFO (paywall) said banks demand too much money from companies to manage these offerings. But given the euphoria, it makes sense that more financial upstarts will look to tap the market. Going public isn’t as gloomy as execs sometimes make it sound. Asked whether investment bankers had mis-priced Adyen’s IPO, CEO Pieter van der Does admitted the Amsterdam-based company’s stock price jump was bigger than expected. Still, he said in an email that the offering was “a dream.” The deal gave shareholders the flexibility they were seeking. Fintech listings are also an opportunity for ordinary investors who have otherwise been “deprived” of taking stakes in the most promising companies, according to Eyal Malinger, investment director at venture capital firm Beringea. And startups get access to additional funding through share offers, as well as currency for acquisitions, which are “valuable upsides,” he said. But not all fintechs are in equally high demand. Payment companies are in line to benefit from the growth in electronic transactions and a steady cash flow from charging fees. Adyen’s CEO said the the company’s addressable market is “huge and nearly limitless.” The prospects for peer-to-peer lenders like London-based Funding Circle are more uncertain. Shares in Lending Club and OnDeck, two US-listed companies with similar business models, stumbled after their IPOs. UK watchdogs have also proposed tightening regulations for these types of lenders. The next economic downturn will be a major test for Funding Circle, and the rest of the nascent sector. Still, more IPOs are probably on the way. Beringea’s Malinger says the window for public offerings is opening, and he thinks “many more will flow and follow.” The future of finance on Quartz Crypto markets tumbled this week. Negative sentiment appears to be building as institutional investors remain cautious about digital assets. Although India’s central bank has effectively banned crypto trading, the country’s market regulator appears to have a more open mind. The Securities and Exchange Board of India has sent teams on international study tours to understand how other countries have handled virtual money. Should tech giants bother invading finance? Amazon’s valuation exceeded $1 trillion, putting it above the psychologically noteworthy threshold along with Apple. These tech giants are growing quickly even as their financial aims remain (apparently) modest. This week, Quartz launched Private Key: An exclusive, twice-weekly newsletter about the crypto and blockchain industries. The future of finance elsewhere Wall Street appears to be retreating from bitcoin or embracing it more closely, depending which Business Insider headline you read. Goldman Sachs CFO Marty Chavez said a report that it was backing away from bitcoin was “fake news.” The reality is that big institutions are extremely cautious about crypto and will remain so in the near future. Apple has reportedly shelved Apple Pay plans in India. The trillion-dollar company is concerned about regulatory requirements and other technical issues. JPMorgan is poised to become the largest US bank by total loans. Wells Fargo, the current leader, is cutting back its loan portfolio because of Fed restrictions. Plain-vanilla bank deposits are back in China. The shift in savings comes as investors have been burned by higher yielding peer-to-peer lending platforms, which have been beset by defaults and sometimes outright fraud. Internet giant Tencent bought a stake in a Chinese real-estate brokerage. Liangia plans to use (paywall) the money to expand a website that matches renters and home buyers with financial services. Previously, in Future of Finance Friday Aug. 31: Warren Buffett’s protégé is backing a local rival to G

24 days ago

📢📢📢BLZ is trading on GBX DAX in less than 4hrs! - GBX signu...

📢📢📢BLZ is trading on GBX DAX in less than 4hrs! - GBX signup rewards for BLZ members: use 'gbxpblz1' upon registra… https://t.co/lbscF0WsPx

a month ago

Last few days to submit your vote for DAX token #cryptocurre...

Last few days to submit your vote for DAX token #cryptocurrency #exchange #listing ! Don't miss out!… https://t.co/9O6uu76OYt

a month ago

Major Swiss Bank and Securities Dealer Adds Ethereum CFDs

Dukascopy Bank SA; one of Europe’s Biggest Forex Exchange, has decided to enter the crypto market by allowing trading of Ethereum CFDs, in what could be excellent news for the European Ethereum ecosystem. The Dukascopy team commented in an official announcement that this new service will be available starting today, making it possible for many clients unfamiliar with Ethereum to have more significant exposure to this cryptocurrency: “Starting from today trading on ETH/USD CFD is available for Dukascopy Bank and Dukascopy Europe self-trading accounts. ETH/USD trading conditions are similar to BTC/USD. The applicable leverage for this CFD type will be 1:3 in Dukascopy Bank and due to ESMA regulation 1:2 in Dukascopy Europe. Dukascopy: Legally Compliant Ethereum CFDs Available for Everybody It is important to note that in addition to being registered as a Swiss Bank, Dukascopy is also licensed to operate as a broker. Both permits are issued by the Swiss Financial Market Supervisory Authority (FINMA). Thanks to its legal support, Dukascopy provides users with the confidence to have their funds safe in a transparent and legally secure environment. Until recently, Dukascopy focused exclusively on fiat money transactions. One of the most important services offered by Dukascopy is contracts for differences or CFDs: it allows trading on the UK Brent and US Crude, more than 10 indexes including the IBEX 35, the Euro Stoxx, the DAX, the CAC among the Europeans ones and more than 30 German shares. Innovation is Key for Financial Markets By innovating and adding the possibility of trading Ethereum CFDs, Dukascopy will not only increase its user base but will also expand its reach, which was primarily focused on Europe. Dukascopy aims to keep evolving as a financial services provider. As the public gains exposure to cryptocurrencies, the bank plans to offer deposit and withdrawal services for checking and trading accounts: “Crypto funding means that clients of Dukascopy Bank will be able to transfer funds to/from the bank not only in FIAT currencies, but also in crypto currencies to/from their crypto wallets. At first the bank will test the crypto funding concept on bitcoin. The crypto funding element should become a significant part of Dukascopy’s infrastructure which later will be used also for its own cryptocurrencies.” The post Major Swiss Bank and Securities Dealer Adds Ethereum CFDs appeared first on Ethereum World News.

a month ago

One of the Biggest Swiss Bank and Securities Dealer Adds Ethereum CFDs

Dukascopy Bank SA; one of Europe’s Biggest Forex Exchange, has decided to enter the crypto market by allowing trading of Ethereum CFDs, in what could be excellent news for the European Ethereum ecosystem. The Dukascopy team commented in an official announcement that this new service will be available starting today, making it possible for many clients unfamiliar with Ethereum to have more significant exposure to this cryptocurrency: “Starting from today trading on ETH/USD CFD is available for Dukascopy Bank and Dukascopy Europe self-trading accounts. ETH/USD trading conditions are similar to BTC/USD. The applicable leverage for this CFD type will be 1:3 in Dukascopy Bank and due to ESMA regulation 1:2 in Dukascopy Europe. Dukascopy: Legally Compliant Ethereum CFDs Available for Everybody It is important to note that in addition to being registered as a Swiss Bank, Dukascopy is also licensed to operate as a broker. Both permits are issued by the Swiss Financial Market Supervisory Authority (FINMA). Dukascopy Logo Thanks to its legal support, Dukascopy provides users with the confidence to have their funds safe in a transparent and legally secure environment. Until recently, Dukascopy focused exclusively on fiat money transactions. One of the most important services offered by Dukascopy is contracts for differences or CFDs: it allows trading on the UK Brent and US Crude, more than 10 indexes including the IBEX 35, the Euro Stoxx, the DAX, the CAC among the Europeans ones and more than 30 German shares. Innovation is Key for Financial Markets By innovating and adding the possibility of trading Ethereum CFDs, Dukascopy will not only increase its user base but will also expand its reach, which was primarily focused on Europe. Dukascopy aims to keep evolving as a financial services provider. As the public gains exposure to cryptocurrencies, the bank plans to offer deposit and withdrawal services for checking and trading accounts: “Crypto funding means that clients of Dukascopy Bank will be able to transfer funds to/from the bank not only in FIAT currencies, but also in crypto currencies to/from their crypto wallets. At first the bank will test the crypto funding concept on bitcoin. The crypto funding element should become a significant part of Dukascopy’s infrastructure which later will be used also for its own cryptocurrencies.” The post One of the Biggest Swiss Bank and Securities Dealer Adds Ethereum CFDs appeared first on Ethereum World News.

a month ago

One of Biggest Swiss Bank and Securities Dealer Adds Ethereum CFDs

Dukascopy Bank SA; one of Europe’s Biggest Forex Exchange, has decided to enter the crypto market by allowing trading of Ethereum CFDs, in what could be excellent news for the European Ethereum ecosystem. The Dukascopy team commented in an official announcement that this new service will be available starting today, making it possible for many clients unfamiliar with Ethereum to have more significant exposure to this cryptocurrency: “Starting from today trading on ETH/USD CFD is available for Dukascopy Bank and Dukascopy Europe self-trading accounts. ETH/USD trading conditions are similar to BTC/USD. The applicable leverage for this CFD type will be 1:3 in Dukascopy Bank and due to ESMA regulation 1:2 in Dukascopy Europe. Dukascopy: Legally Compliant Ethereum CFDs Available for Everybody It is important to note that in addition to being registered as a Swiss Bank, Dukascopy is also licensed to operate as a broker. Both permits are issued by the Swiss Financial Market Supervisory Authority (FINMA). Dukascopy Logo Thanks to its legal support, Dukascopy provides users with the confidence to have their funds safe in a transparent and legally secure environment. Until recently, Dukascopy focused exclusively on fiat money transactions. One of the most important services offered by Dukascopy is contracts for differences or CFDs: it allows trading on the UK Brent and US Crude, more than 10 indexes including the IBEX 35, the Euro Stoxx, the DAX, the CAC among the Europeans ones and more than 30 German shares. Innovation is Key for Financial Markets By innovating and adding the possibility of trading Ethereum CFDs, Dukascopy will not only increase its user base but will also expand its reach, which was primarily focused on Europe. Dukascopy aims to keep evolving as a financial services provider. As the public gains exposure to cryptocurrencies, the bank plans to offer deposit and withdrawal services for checking and trading accounts: “Crypto funding means that clients of Dukascopy Bank will be able to transfer funds to/from the bank not only in FIAT currencies, but also in crypto currencies to/from their crypto wallets. At first the bank will test the crypto funding concept on bitcoin. The crypto funding element should become a significant part of Dukascopy’s infrastructure which later will be used also for its own cryptocurrencies.” The post One of Biggest Swiss Bank and Securities Dealer Adds Ethereum CFDs appeared first on Ethereum World News.

a month ago

Speak to the GBX team on our Telegram channel and join the c...

Speak to the GBX team on our Telegram channel and join the conversation about the GBX Digital Asset Exchange (DAX),… https://t.co/rpU1eHPvdY

a month ago

Litecoin Price Analysis: Big Optimism Boost Following Litecoin Futures Update

Litecoin Price Analysis: Big Optimism Boost Following Litecoin Futures Update Thursday Market Snapshot Asset Current Value Daily Change S&P 500 2,921 -0.16% DAX 30 12,280 -0.05% WTI Crude Oil 76,33 0.14% GOLD 1,202 0.13% Bitcoin 6,536 1.23% EUR/USD 1.1505 -0.83% The major US indices ended another session near their intraday lows yesterday, and today the...

a month ago

Gibraltar Blockchain Exchange Launches Mobile App For Trading

The Gibraltar Blockchain Exchange (GBX) has announced a mobile app for trading on the go. GBX is a cryptocurrency exchange run by the Gibraltar Stock Exchange (GSX). GBX has two parts: a token sale platform called GBX GRID, and a digital asset exchange called GBX-DAX. The new app is for GBX-DAX users. The app is available on the Google Play store right now for android users, and will soon be available on iOS. DAX mobile app comes with a multitude of features like charting, instant order placement, portfolio tracking, and Fiat onboarding. (VS)

a month ago

Benjamin Gu, Chairman of the Global DAEX Foundation, shares ...

Benjamin Gu, Chairman of the Global DAEX Foundation, shares his views on @Bakkt (a company launched by @ICE_Markets… https://t.co/xRRFIN1XOE

2 months ago

DAEX Makes Thailand Push with SEADEX Exchange Partnership

DAEX, a cryptocurrency clearing solution, announced that Thailand-based crypto exchange SEADEX will integrate the DAEX wallet. SEADEX is the maiden exchange to add the wallet, and DAEX expects that the exposure will expand the exchange's reach among Thai locals. By adding the DAEX wallet, SEADEX gains access to DAX-token fueled clearing and custody. Earlier this month, DAEX was given the green light by Thai securities regulators to operate as a legal exchange in the jurisdiction. (GT)

2 months ago


News courtesy of berminal.com
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