Trade24 – The Right Place to Start Trading Forex, CFD, Indices, commodities & much more

Trade24 is one of the oldest online Forex brokers and a multi-national brand that provides trading services to thousands of traders: newbies and professionals alike. The company offers the best trading experience possible by providing clients with daily reviews in three languages and a lot of trading instruments that help traders stay on top. The company gives an extensive look in the world economy and provides a deeper insight into subjects that can affect traders and have an influence on the outcomes of its customer’s trades.

Trade24 has tried to take the user experience up to the top. Trade24 has invested a lot of money into creating powerful trading signals that are sent right to the customer’s mobile. By setting up an academy and instructional videos new users are able to learn the best trading practices. The company offers a lot of tools to traders to provide them the best trading experience in the industry. One of the largest assets of Trade24 is the personal account manager that each trader has and a professional and easy-to-use trading interface that is perfectly designed to help new traders use their platform.

The website is available in 3 languages, English, Russian and Arabic where all pages are available in all languages and the support that the company provides to customers is first class with a support team that is always standing by to serve you and make sure that that feedback or answer to requests are quickly solved in a smooth process. The trading experience with the broker is extensive as provides a lot of different tools that you can trade with, whether you want to trade socially with their social trading platform, or if you’re a day trader wanting to do some quick trades.

Trading in Forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss, so you should never invest more than you can afford to lose. That’s why Trade24 is the most suitable Broker for new traders because it offers a learning course that provides professional trading knowledge to its customers. If you are looking to start trading in the world markets, Trade24 is most certainly the best place to start!

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Intel Corporation (NASDAQ: INTC), the semiconductor giant has joined hands with The Floor, a fintech hub located at the Tel Aviv Stock Exchange to start its own fintech innovation hub in Israel. According to an announcement made by the company on Sunday, the fintech innovation hub will be Intel’s foray into the fintech solutions sector, following the increasing demand for bitcoin and blockchain based solutions by banking and financial organizations.

Tel Aviv, Israel is one of the major start-up hubs in the world, especially when it comes to financial and blockchain based projects. By setting up its fintech innovation hub in the region, Intel is looking forward to working closely with the country’s start-ups and entrepreneurs who are involved in financial products that are based on blockchain technology, Internet of Things and even biometrics. The company’s partnership with The Floor will also mean that it will be able to work closely with the Jewish country’s leading stock exchange.

Israel as fintech hub

The Floor itself is pretty well connected and has a solid financial backing from some of the well-known banking and investment firms. To name a few, Its funding has come from the likes of Pando group, a Chinese venture capital firm along with HSBC (NYSE: HSBC), RBS (NYSE: RBS), Banco Santander (NYSE: SAN) and Intesa Sanpaolo. The Floor was created as a fintech hub to nurture local fintech entrepreneurs and to collaborate with international players in the field. With healthy collaborations between both local and international players, it intends to carve out a position for Israel in the global financial ecosystem as a prominent fintech capital.

Intel, on the other hand, has diversified its business in the recent days, to explore additional sectors other than chip manufacturing. Recently, the company introduced its own version of blockchain platform called Sawtooth Lake. Sawtooth Lake comes with ready APIs and open source code that can be used by developers to create their own blockchain applications. Earlier, the company had also created a fantasy sports marketplace which was built on a distributed ledger.

The company’s push for fintech innovation hub comes amid growing concerns about impending layoffs among its employees. Intel is expected to cut loose about 11000 employees on the company’s payroll in the coming days, but at the same time, it is also planning to increase its workforce by at least 1000 in Israel as per the arrangement with the Israeli government, in turn receiving grants and tax benefits.

The fintech innovation lab will demonstrate and further develop its own fintech solutions while looking for ways to collaborate with other startups in the region. Gradually, it may lead to the country’s dream of becoming a fintech capital true.

Ref: The Juraselem Post

The European session is about to draw to a close, and it has been another eventful day in the bitcoin price. In this morning’s analysis, we noted that action over the last few days had given us plenty to discuss – specifically, the run up towards fresh highs and the subsequent sideways action that we have been trading now for 48 hours or so. As we head into the close of the European session, and into the US afternoon and Asian session beyond that, what are the levels that we are watching in the bitcoin price, and where will we look to get in and out of the markets if action gives us anything to trade? As ever, take a quick look at the chart below to get an idea of what we are watching.

The chart is a 15-minute candlestick chart showing the last 48 hours’ worth of action, with our key levels highlighted in green

Screen Shot 2016-05-31 at 16.39.03

As the chart shows, action during today’s session has seen price decline, and we’re now looking at a range defined by 558 to the downside serving as support, and 566 to the upside serving as resistance. We’ve got about eight dollars to play with, so just enough room to bring our intrarange strategy into play. Long at support and short at resistance, stop loss just the other side of the entry to define risk.

Looking at things from a breakout trading perspective, if price breaks and closes above resistance we will enter long towards an initial upside target of 575. Conversely, if price breaks below support, a short entry towards 550 looks good. We need a stop loss on both positions to keep things tight from a risk management point of view. On the first trade, a stop loss somewhere around 564 looks good. On the short trade, 561 defines risk nicely.

Charts courtesy of SimpleFX

Customers in Indonesia can now pay online with bitcoin as the country’s leading payment solutions provider KinerjaPay has added the digital currency as one of the payment options on its platform. KinerjaPay, in a recent press release, has announced its partnership with Bitcoin Indonesia to facilitate the Bitcoin option for its merchant partners.

Apart from offering payment gateway solutions to online merchants, KinerjaPay Corp. (OTCMKTS: KPAY) also operates its own e-commerce portal where people can directly buy goods from the platform itself. By including Bitcoin payments, KinerjaPay has now become the first e-commerce platform in Indonesia to do so. Now customers can convert their bitcoin to Indonesian rupiah on the fly while making a transaction over the payment gateway to pay their bills, transfer money and purchase goods on the internet.

KinerjaPay and the growth of e-payments in Indonesia

KinerjaPay is currently one of the fastest growing digital payments platforms in Indonesia. In the past two months, the company has grown by over 300 percent as its user base has increased from around 12000 customers to 50,000. According to the company’s report, this has also led to an increase in the average number of transactions processed per day.

With over 1500 transactions per day, compared to previous 300 transactions, the company can expect the numbers to grow further with the integration of bitcoin payments. Currently, there are not many online merchants who accept digital currency payments in Indonesia and now the partnership with Bitcoin Indonesia means that the company’s partner merchants will be able to accept bitcoin payments from their customers soon. This will open up a lot of options for bitcoin users in the country.

In order to make bitcoin payments more popular, KinerjaPay has announced that it will be providing special offers to customers of Bitcoin Indonesia. With these special offers, the company intends to convert at least some of the 150,000 Bitcoin Indonesia customers into theirs as well. In a country where a majority of the population is hesitant to use online payment solutions due to concerns about credit/debit card fraud, KinerjaPay is working hard to build their trust by offering great deals and addressing their concerns. A currency like bitcoin where the user doesn’t have to share his/her bank account or card details will present an attractive option to the masses.

As a part of its incentives galore, the company is also working on its own branded mining setup, where people can mine digital currency. While speaking about the new developments, the CEO and Chairman of KinerjaPay, Edwin Ng is quoted saying –

“This partnership enables us to establish relationships with Bitcoin Indonesia’s membership, currently in excess of 150,000 accounts, which we expect will boost the volume of transactions on our platform going forward… We are also working to create a unique bitcoin mining element on our platform, something we believe will be very appealing to our users and will provide KinerjaPay with a real competitive advantage in the e-commerce sector.”

KinerjaPay is constantly innovating to push the growth of online payments in Indonesia. Partnering with Bitcoin Indonesia is just one among the many which the company intends to follow in order to gain customer confidence and make them change their mind about online payments and digital currency. More developments in the sector can be expected soon.

Ref: PR Newswire   Image:KinerjaPay Official on Facebook

Bitmain remains one of the market leaders in the Bitcoin mining hardware manufacturer space. The company has unveiled their Antminer S9; a device Bitcoin enthusiasts have been looking forward to for quite some time now.

The Antminer S9 Is Here

Bitcoin miners have been waiting for news from Bitmain for quite some time now. Ever since the Antminer S7 was released, it appeared as if no new model was coming anytime soon. But lo and behold, the company has finally unveiled their S9 model, which is the world’s first Bitcoin miner using 16nm chips.

Under the hood, the Antminer S9 will produce 14 TH/s of mining power per unit, using 16nm ASIC chips. In fact, there are 189 chips packed into every miner. The power consumption sits around 1.38 kW, although there is a 7% variation to take into account. However, this makes the miner very power efficient, as just 0.1 Joule per GigaHash.  

Bitmain also wants to address the rate at which miners discarded their hardware due to no longer being profitable. In most cases, ASIC hardware has an average lifespan of just three months. Keeping in mind how much money people put into these machines, something has to be done to increase the shelf life of Bitcoin mining hardware.

But there is more, as the Antminer S9 is backward compatible with power supplies used in older models, which is a welcome change. Moreover, the machines keep their air-cooled system, which is easy to maintain by both experienced and novice users. Last but not least, there are no hidden upkeep costs, other than electricity to be paid by the consumers themselves.

There will only be a limited quantity available for every batch of Antminer S9 miners, and interested parties are advised to place their order as soon as possible. Speaking of the ordering process, Bitmain will limit the number of devices one user can order in total. This should help distribute these devices in a decentralized fashion over time.

The company expects to sell their first batch of Antminer S9 devices very quickly. If the trend of previous hardware generations keeps up, it may take 15 minutes or less to sell out an entire batch of Antminers. With such a power-efficient device hitting the market right in time before the upcoming Bitcoin halving, it is expected there will be a lot of interest. Keep an eye on the Bitmain website for further information.

Source: Press Release Via Email

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The Jaxx wallet solution has attracted a lot of attention from both Bitcoin and Ethereum community members. It is not often these hybrid wallets are available to holders of two top cryptocurrencies, and the Kryptokit team has brought Jaxx to all platforms.

What makes the Jaxx wallet so unique is how users can store both Bitcoin and Ethereum in one and the same wallet. Albeit there are multiple wallet apps and plugins available for either cryptocurrency, it is a good thing to see some companies combine the best of both worlds into one offering.

The Kryptokit team had released their hybrid wallet solution several months ago but kept it in beta to iron out any remaining bugs. Moreover, the team conducted an intensive security audit before releasing Jaxx to the public. But the wait is finally over, as the multi-platform blockchain wallet is now officially out of beta for all supported platforms.

Jaxx 1.0 Hits All Platforms

Unlike most other cryptocurrency wallet solution, the project from Kryptokit is available on both Android and iOS, as well as all desktop operating systems. Moreover, users can also download the Jaxx wallet as a plugin for both Chrome and Firefox. Every version of this wallet supports both Bitcoin and  Ether, and support for The DAO tokens will be enabled later this week.

But there is more, as the Kryptokit team has announced they plan to support even more currencies and tokens in the future. At the time of writing, there was no official indication as to which tokens and coins are being considered. However, the addition of the DAO token later this week may also lead to DigixDAO tokens being added at some point.

One of the primary selling points for Jaxx is how this wallet solution offers the same experience across all platform. The developers have used the same HTML and Javascript codebase, making the solution look and feel the same in every environment. At the same time, the wallet can take advantage of unique features offered by the device it is being used on.

Jaxx is also the first Ethereum wallet solution available to iOS users. It has taken a while until the first application of this kind was allowed by Apple, but it looks like Kryptokit has passed all of the tests. The company has mentioned they will provide more wallet updates over the next few days, so keep an eye on their website.

Source: Decentral

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We are about to head into a Fresh European session this morning in the bitcoin price, and there’s plenty to talk about. Price has given us a lot of volatility over the last week or so, with a few spikes to the upside serving up fresh (and sustained) highs, which have generally been followed by a short period of consolidation (likely on profit taking from the shorter term speculators). Action overnight seemed to mirror this trend, and it looks as though once again today we are going to have plenty to go at as far as speculative entries are concerned. We will probably also get the chance to be a little more aggressive than normal with our positions, purely based on the opportunity for a risk mitigated entry in the direction of the trend.

So, with this in mind, and as we head into this morning’s session out of Europe, here’s what we are focusing on in the bitcoin price, with a look at how we intend to get in and out of the markets if the volatility we have seen over the last few days presents itself as a fresh opportunity.

As ever, get a quick look at the chart below to get an idea of exactly what we are looking at from a range and a key level perspective. The chart is an intraday, fifteen-minute candlestick chart, using the prices offered up by SimpleFX.

Screen Shot 2016-05-31 at 09.41.27

As the chart shows, the range in question is defined by in term support at 560 and in term resistance at 568.

If price closes above resistance, we will look to enter a long position towards an initial upside target of 575. A stop loss at 566 defines risk.

Looking short, a close below support signals short towards 555, with a stop at 562 ensuring we are taken out of the trade in the event of a bias reversal.

Charts courtesy of SimpleFX.

Header Image via NewsBTC

Digital currency is a fairly new technology that is changing and disrupting many of the traditional online Industries. In fact, the technology behind digital currency has the potential to be a much greater disruptive force than the cryptocurrency itself. Investors and entrepreneurs are certain this technology could replace huge aspects of both the financial and online industries, and even how the corporate management model works.

Most people still think of digital currency has a currency that is tied to illegal activities, but this condition is rapidly changing and many industry gurus already see it as a speculative investment and the perfect tool to be used as a means of exchange in the online world. Since it has the capacity to store each piece of information on an immutable ledger, which is validated by thousands of computers around the world, technologists believe it is the most secure record-keeping technology ever developed and that it will be used in practically everything.

One of the Industries where digital currency is already transforming by giving it a breath of fresh air is the online gaming and gambling Industry by re-inventing the way how value is taken out from these industries. Original and innovative Online Casinos like Dragon’s Tale and games like Bitcoin Millionaire are the perfect example of this.

Big names like Overstock, Microsoft and IBM are already looking to use this new technology in order to develop new and innovative applications that will be perfectly aligned with new technologies being developed such as virtual reality and the IoT.

Blockchain believers argue that this technology is now preparing to disrupt every industry that is heavily controlled by governmental or corporate institutions. The blockchain technology will also disrupt industries like energy and communications infrastructure, which are especially vulnerable to political intervention.

The blockchain is now becoming a mainstream technology that is bound to radically change and disrupt online based industries by enabling scalable architectures for the sharing economy and effectively decentralizing the way how organizations are managed.

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The opinions expressed in this article do not represent the views of the author, NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories such as this one.

24option is a broker that offers one of the best binary options platforms in the industry. 24option provides all account holders with a free Binary Options, 24/7 Customer Services, and a Professional Chart. Whether you are a newbie or a professional, 24option has an account that is perfectly tailored to suit your trading skills. 24option provides four types of currencies in which you can deposit your money: US Dollar, the Euro, Japanese Yen, and British Pound.

The platform makes sure that traders especially those who are new in the industry find it void of apprehensiveness. Clients will immediately realize that the benefits of trading on the platform outweigh the risks that come with binary options trading.

24option offers assets that allow for great alternatives for various levels of trade. Traders on 24option can trade in assets such as different currencies ( US dollars, Euro) and leading stocks like Google and BMW. Commodities like silver and gold and indices such as DAX, NASDAQ and S&P500 are also available for trading.

The company offers five account types- standard, silver, gold, premium, and diamond, all of which are built to fit your specific needs:

Free Demo Account

24option offers a free demo account that gives you a real experience and necessary skills of how to use the great features attain success.

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To open a standard account you will need to deposit €250 and the minimum trade amount is €24 with access to a chance of up to 83% returns on investment.

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This account needs an initial deposit of €2,000 and a minimum trade amount of €24 with the same 83% return on investment.

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This account requires an initial deposit of €25,000 and a minimum trade amount of €48, but offers up to 85% returns on your investment. This account also gives you access to a personal coach to help you and to give you great trading tips.

Platinum Account

Platinum accounts require a minimum of €50,000 deposit and €120 minimum trade amount. The return on investment can be up to 87%. This account is probably the most effective for experts in binary options trading.

Diamond account

Diamonds accounts have no deposit limits, and the minimum deposit amount is €50,000. The minimum trade amount is €480, and you get up to 89%. Other offers such as Juventus Tickets, Customized platform, and higher trading limits and exposure.

24option also provides an excellent educational course. Traders can make the most of the company’s professional video lectures, eBooks and webinars to maximize the profit potential.

24option is has embraced the latest technology to provide the most profitable options for new traders, so if you are looking for a place to start your Binary Options trading activity, 24option id the right place for you!

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The opinions expressed in this article do not represent the views of the author, NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories such as this one.

Key Highlights

  • Ethereum price as forecasted yesterday started a recovery and may continue to trade higher vs the US Dollar.
  • There was a nice upside move, as a break above yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was noted.
  • It looks like the price may climb further in the short term and can test the $13.50 level.

Ethereum price enjoyed a nice recovery vs the US Dollar, and if the current trend in ETH/USD continues, then the price could gain further.

Ethereum Price – Buy Dips

Ethereum price ETH continued to gain strength, and traded higher after posting intraday gains. The upside move was strong enough to break yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD. The recent break looks positive, and if the ETH bulls remain in control, then there are chances of more gains in the short term.

The price also moved above the 50% Fib retracement level of the last drop from the $14.40 high to $10.29 low, which is a bullish sign. Yesterday, I stated that the price may test the 61.8% Fib retracement level of the wave, and it did test it. Moving ahead, there is a possibility of the price moving a few points down before it can continue to move higher.

Ethereum Price Technical Analysis

On the downside, the broken trend line may act as a support area, and can be considered as a buy zone. I think as long as the price is above the 100 SMA, it may gain further. So, buyers can place a stop below the 100 hourly SMA.

Hourly MACD – The MACD may change the slope to the bearish zone to ignite a minor downside.

Hourly RSI – The RSI is above the 50 level, which is a positive sign for the bulls.

Intraday Support Level – $12.30

Intraday Resistance Level – $12.80

 

Charts courtesy of Kraken via Trading View

Header Image via NewsBTC