Travala and Expedia enable crypto payments for travel
The US-American online travel agency behind the expedia.com website will in future enable the payment of the more than 700,000 accommodations using crypto-currencies. A partnership with Travala.com has also been agreed. The company, which was founded in 1995 and has its headquarters in Washington, employs around 20,000 people. In the first quarter of 2020, Expedia […]
Reverse convertible on Bitcoin wins Swiss Derivative Award
Payoff, the investor portal focusing on structured products, again presented the Swiss Derivative Awards this year. The most innovative products in various categories were honoured. A Bitcoin Reverse Convertible was chosen as the best product on alternative underlyings. For the fifteenth time, the Swiss Derivative Awards 2020 honoured the best structured products and their issuers. […]
Weekly Bitcoin/USD Chart Analysis: Calendar Week 28
Bitcoin/USD daily basis Bitcoin USD – At the lower end of the trading range since early May Monday began after the short Sunday plunge below the USD 9,000 mark, with higher prices and a daily closing price at 9,100. 3 trading days followed with very tight trading ranges and slightly higher price movements, which brought […]
InCore Bank cooperates with Kraken, one of the leading crypto exchanges worldwide
In line with its recently communicated strategy for digital assets, InCore Bank is now the first financial institution in Switzerland to offer banking services to Kraken clients. Zurich/Schlieren, 3 July 2020 – Kraken is the largest crypto currency exchange in Europe in terms of euro volume. With this integration Kraken offers its customers another simple […]
Shoe manufacturers Chase Shiel and Kickz want to bring sneakers to the Blockchain
Within the scope of a cooperation between the Australian shoe producer “Chase Shiel” and the retailer “The Kickz”, a limited production of sneakers including placement on the Blockchain is planned. The shoes, inspired by the Nike Air Max 1, can be tracked with the help of VeChain’s ToolChain Suite and the Thor Blockchain. Chase Shiel […]
21Shares AG expands Bitcoin product range to the German Stock Exchange
The world’s leading issuer of crypto ETPs, 21Shares AG, is launching the 21Shares Bitcoin ETP on the regulated market of Deutsche Börse on July 2, 2020. 21Shares AG – headquartered in Zug, Switzerland – has listed the world’s first crypto basket (HODL) on the SIX Swiss Exchange in November 2018. Since Zug became the global […]
Stablecoins – Upgrade for the Eurodollar system
A growing acceptance of Stablecoins could be the next step in a global financialisation, after private actors started to create dollar derivatives in the 1960s. Will crypto-dollarization lead to an upgrade of the Eurodollar system? It sounds paradoxical at first glance: while the Fed creates masses of dollars out of nothing, the greenback is not […]
Study shows growing relevance of crypto-currencies in Great Britain
The UK Financial Services Authority (FCA) has recently published a study that examines consumer interaction with crypto-currencies in the country. According to the study, around 3.86% of the UK population is said to own crypto-currencies. The study was published in October 2018 and March 2019 as a continuation of previously published reports. The studies were […]
Dr Cyrus de la Rubia on monetary policy, trade wars and digital currencies
The current economic crisis and the ultra-loose monetary policy of central banks raise many questions. Structural change seems unstoppable. What role will digitalization, block-chain technology, digital currencies and assets play? Dr. Cyrus de la Rubia, Chief Economist of Hamburg Commercial Bank, answers these and other questions. De la Rubia has 25 years of financial market […]
