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SiGMA Manila, AIBC Manila expos postponed until May 2021

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SiGMA Group has announced that, due to the COVID-19 global crisis, both the SiGMA Manila and AIBC Manila expos, planned for June 8-9 2020, will now be rescheduled to May 27-28, 2021. 

In line with SiGMA Group’s commitment to facilitating new business opportunities for key players in the global iGaming and emerging tech sectors, and together with Clarion Gaming’s ICE Asia, SiGMA Manila will also carry out an online conference in 2020. ICE-SiGMA Asia DIGITAL will take place on June 8-10. Delegates can register for free here.

The three-day conference will cater to both gaming and tech audiences, with free-of-charge content geared towards bringing the industry together in what has been a difficult time for businesses. Delegates who register for the online conference will also get a free standard ticket for Manila 2021.

Founder and CEO of SiGMA Group, Eman Pulis said, “In line with SiGMA Group’s commitment to facilitating new business opportunities for key players in the global iGaming and emerging tech sectors, the digital conference will embrace the difficulties we are facing at a time when working together has never been more important. COVID-19 has provided a unique opportunity to rethink how we live and work.”

The interactive experience will feature a series of panel discussions and keynotes from leading industry contributors, bringing top speakers together for discussions that will engage the community and shape the future as we adapt to a fast-changing global environment.

After careful consideration, and due to growing concerns over the coronavirus (COVID-19), SiGMA Group has decided to reschedule their flagship Asia events SiGMA Manila and AIBC Manila  to May 27-28, 2021. The company said that while they remain committed to SiGMA Manila, the health and safety of their exhibitors, attendees, partners, and employees is of paramount importance, making this the only responsible course of action.

Clarion Gaming, Managing Director, Kate Chambers said, “My team and I continue to empathise with our Global Gaming community as well as industries and supply chains around the world that are being affected by COVID-19. We understand the deep impact the virus continues to have with our friends and colleagues across the Asia region and Globally, and our best wishes go out to them.

Founder and CEO, Eman Pulis said, “The situation with COVID-19 is still unpredictable but one thing is certain – we remain fully committed to the Asia front with SiGMA Manila. I moved with my family from Europe to Asia last year to make this work and leave no stone unturned. There’s just so many events being pushed to the second half of 2020, that, in everyone’s best interest we feel pushing the show to May 2021 gives us enough time to regroup and launch with a dynamite inaugural show.”

Together with Clarion Gaming’s ICE Asia, the Manila super show was set to take place on June 8-9 this year. SiGMA Group said that rescheduling the 10,000 attendee event is the only responsible course of action which will enable the successful events company to provide the experience that their customers, partners, and employees expect and deserve in a safe environment. 

About SiGMA Expo

SiGMA is a global event, positioned at the cutting edge of the iGaming industry, which has evolved since 2014 into the definitive iGaming showcase, operating on both a European and world stage. 

In 2019, the iGaming summit SiGMA in Malta welcomed a record ­breaking 15,000 attendees from over 80 countries and over 400 sponsors and exhibitors, and 200 industry­ leading speakers. 

The event facilitates growth within the iGaming sector and has now become the largest expo for the industry in Europe. 

Register here

The post SiGMA Manila, AIBC Manila expos postponed until May 2021 appeared first on List of Best Blockchain Events.

Source: https://www.blockchaineventslist.com/sigma-manila-aibc-manila-expos-postponed-until-may-2021/

Blockchain

Gemini Has Now Opened Doors to Crypto Investors in the UK

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New-York based cryptocurrency exchange Gemini has officially launched in the UK. This comes after the UK’s Financial Conduct Authority (FCA) granted it an Electronic Money Institution (EMI) license.

The Winklevoss-led bitcoin and crypto trading platform is also one of the first businesses to receive FCA’s approval as a part of it’s Fifth Money Laundering Directive (5MLD) crypto-asset registration process.

Crypto Exchange Gemini Launches In The UK

The British government is pondering of imposing a second nationwide lockdown. The folks at Gemini saw this as a great opportunity to announce their launch in the UK, to ‘milk’ the ongoing and upcoming surge in bitcoin and crypto trading activities in the country.

As per the official blog article, Gemini announced the rollout of its full suite of services for UK users. The New-York based bitcoin exchange has also added support for the state-backed fiat currency GBP. This Gemini said is to ‘provide a more local experience’ to its British users.

UK Launch Coming After Electronic Money Institution License Approval

As reported by CryptoPotato last month, Gemini became one of the first cryptocurrency trading platforms to receive the UK Financial Conduct Authority’s Electronic Money Institution (EMI) license. This approval gives it the official permission to offer bitcoin and crypto trading services to both individuals and institutions.

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Gemini said that the launch in the UK after the receipt of the above license is an effort to work ‘proactively with regulators and asking for permission, rather than forgiveness’. The exchange added:

As a licensed and compliant platform, we abide by the high regulatory standards established to safeguard your money, securely store your crypto, protect your privacy, and keep bad actors off our platform. Ultimately, this fosters a better and safer experience for you and the larger crypto ecosystem as a whole.

Gemini CEO, Tyler Winklevoss quoted the exchange’s latest development as a significant milestone in the quest for global expansion. He added that operating the British market holds immense importance for Gemini:

The UK is a global center of financial innovation with a stringent and progressive regulatory regime. We’re proud to help usher the crypto revolution into this historic market and become a part of its rich tradition. We look forward to welcoming consumers and institutional customers to our platform.”

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Source: https://cryptopotato.com/gemini-has-now-opened-doors-to-crypto-investors-in-the-uk/

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Waves vs Currents: How the Hashpower Market Can Complement Altcoins 

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[Featured Content]

Last month, Bitcoin’s difficulty and hashrate hit an all-time high. And while some experts argue increasing hashrate is a bullish price signal, others contend a strong correlation between the two has never existed.

Regardless, companies are capitalizing on the value placed on hash power, recognizing not only the varied usage hash power possesses beyond mining, but also the natural evolution of trading options for investors.

The Importance of Hash Power

Though analysts can’t agree on the relationship between hashrate and pricing, they can agree on the importance of hash power itself.

At the beginning of 2020, exchanges were expanding their product offerings and entering the world of derivatives. Recently, a number of start-ups entered the derivatives market as well – such as Global Hashpower Exchange, an exchange dedicated purely to hash power futures contracts.

“We see hash power as more than the ‘generator’ that powers data mining. It’s an essential key for a rapidly expanding array of ‘big data’ services, such as artificial intelligence, data analysis, and security protocols,” says Eno Chen, CEO of Global Hashpower Exchange.

But as the use of hash power grows, getting traders to practice trading it as a commodity will take time to adopt.

“I think all traders want options. Just as the stock market expanded into commodities and bonds, crypto traders are growing tired of simply buying, holding, and selling coins. Investors can decide if they want to invest in waves or currents,” says Chen. “Investing in hashpower futures is like catching a current that will likely carry you to your financial goals, while day trading coins is closer to surfing waves in pursuit of short-term financial wins. The strategies complement each other and both have a place in a balanced investment portfolio.”

Global Hashpower Exchange is currently giving new users a free 200 USDT deposit and 10 free trades with the promo code “Hashpower” on their site.

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Trading Hash Power

GHPEX allows users to trade futures contracts where the underlying asset is a network’s hashrate. This could be used as a means of diversifying a cryptocurrency portfolio as the correlation between price and hashrate is not necessarily relevant.

Furthermore, the exchange would also allow users to trade with a leverage of up to 10x. Naturally, leveraged trading can increase your profits but it can also cause massive and quick loss of capital. It’s not recommended for people without sufficient market experience and you should never invest more than you can afford to lose.

The official website claims that the company is fully regulated by the FCA and CySec and that users’ funds are protected by industry-leading security protocols.

In terms of deposits, users can use BTC, ETH, and USDT. The same is true for withdrawals. The base currency and user balance are displayed in USDT. There’s a flat $1 trading fee per contract traded.

According to the FAQ section, GHPEX uses a combination of cold and hot wallet storage to safeguard the funds of investors.

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Source: https://cryptopotato.com/waves-vs-currents-how-the-hashpower-market-can-complement-altcoins/

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LINK Marines Lock and Load as Price Falls to Six Week Low

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Chainlink’s native token LINK has been one of the hottest crypto assets this year but that has not helped it escape this week’s big selloff.

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Crypto asset markets have dumped $35 billion in terms of total capitalization since the weekend and the sell-off looks set to continue as Bitcoin and its brethren weaken.

A number of crypto assets are retreating from their all-time highs this year and investors are looking for entry points. Chainlink is among them as one of the year’s best performing crypto assets cools off quicker than some of its competitors.

LINK Marines Loading Up

LINK prices have collapsed to their lowest levels for almost two months in a fall back to $7.30 according to Tradingview.com.

LINK price
LINK price – tradingview.com

There has been a minor recovery today as the token topped $8 again, but it is still massively down from its all-time high in mid-August. Back then the Chainlink token briefly touched $20 but it has been a downward slide ever since resulting in a 60% slump to current levels.

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This price zone serves as solid support, however, there may be another dip to the 200 day moving average which lies around the $6.60 level.

Crypto investors have been eyeing the charts and are loading up on LINK which could drive prices back up in the short term. Trader and analyst going by the twitter handle ‘RNB (Crypto Warrior)’ (@CryptoWarrior01), has seen the same chart predicting a bounce back to $10 or $12.

The sentiment has been echoed by fellow trader ‘MacroLINK’ (@MacroCRG), who has also admitted to becoming a ‘LINK Marine’ and entering at these levels.

Further downsides are expected though if markets continue to bleed as they have done for most of this week. Chainlink’s market capitalization is currently just over $3 billion which puts it ahead of Crypto.com but just below Binance Coin according to Coingecko.

Crypto Market Selloff Accelerates

LINK has not been the only token to suffer, however, it has been in a downtrend for around six weeks.

Bitcoin, which is largely the bellwether for the rest of the market, is holding crucial support just below $10,300 at the time of writing. Failure to hold here will see the asset tumble back into four figures pretty quickly.

Ethereum is also in pain, falling to its lowest level for three weeks and crucial support at $325. Many of the lower cap altcoins, especially the DeFi related ones have dumped 50% since their giddy peaks in recent weeks.


To get the daily price analysis, Follow us on TradingView

Author: Martin Young




Martin has been writing on cyber security and infotech for two decades. He has previous forex trading experience and has been covering the blockchain and crypto industry since 2017.

Source: https://coingape.com/link-marines-lock-and-load-as-price-falls-to-six-week-low/

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