Connect with us

Blockchain

NetShop ISP Announce Their Attendance to the iFX EXPO in Dubai

NetShop is delighted to present their range of services to some of the world’s biggest industry leaders.

Published

on

NetShop Internet Services Ltd have announced their attendance at this year’s iFX EXPO, the first ever in Dubai, on the 19th and 20th of May 2021.

NetShop is delighted to present their range of services to some of the world’s biggest industry leaders at the largest B2B Fintech and online trading conference later this month.

This year’s exhibition will take place at the 5 star Grand Hyatt Hotel in Dubai, where top-level executives from all over the world will have the opportunity to connect.

After a year of virtual events due to restrictions, NetShop’s CEO, Stefano Sordini has said “We really missed attending physical events in 2020.

After our exhibition and presence at several virtual events in the last 12 months, we are excited for our upcoming tour in Dubai to meet existing customers and partners, as well as for the opportunity to present our successful Forex infrastructure solutions to our industry peers.”

The NetShop ISP team is keen to present its Forex VPS solution to Brokers, as well as its bespoke infrastructure services for liquidity providers, CRM & Software development agencies and Payment institutions.

They will be represented at the iFX EXPO by their Head of Sales, Katerina Burtsava and Product Specialist, Kateryna Nechaieva, both of whom have been highly involved in the Forex Industry for some time, working closely with Forex brokers and CRM development agencies.

The Cyprus-based Web Hosting Provider has been heavily involved in the Financial Industry since their launch in 2004 and have greatly invested in their state-of-the-art privately-owned infrastructure in 7 global locations; Cyprus, Malta, Los Angeles, the United Kingdom, Singapore, Hong Kong and the Netherlands.

NetShop was amongst very few hosting providers to offer Virtual servers purely for Forex trading purposes when they first introduced the Forex VPS solution in 2010.

A decade later, the multiple award-winning Hosting Provider has announced the launch of its new Forex VPS service, the result of extensive research and development. It includes a powerful API for seamless white-label integration with any Forex Broker’s CRM, amongst other features.

Brokers can easily integrate NetShop’s word-class Forex VPS product with PHP, Java or Python and the API can be used to tailor functionalities to meet any Broker’s bespoke requirements.

Benefits of NetShop’s Forex VPS:

NetShop ISP’s new Forex VPS solution caters to Traders and Brokers. Some of the benefits of Forex VPS with NetShop are:

  • Rapid trade execution as fast as 1 millisecond
  • 24/7 uninterrupted connection
  • Infrastructure located in prime financial hubs
  • 24/7 Technical Support through multiple channels
  • Free VPS Windows OS license
  • Discounted monthly VPS pricing for Brokers
  • Cost-effective solutions

For a full breakdown on their Forex VPS service you can visit NetShop’s website.

If you would like to book a meeting at the iFX EXPO with a NetShop representative, you can visit their website here.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.financemagnates.com/thought-leadership/netshop-isp-announce-their-attendance-to-the-ifx-expo-in-dubai/

Blockchain

The 3 Factors that Contribute to a Successful Trading

Published

on

Three factors in crypto trading always come together that when we remove one, it will cause failure to any trader. These are Psychology, Trading tactics and Money management. Many traders focus only on a trading strategy and ignore the importance of money management and psychology. It is just surprising that they wonder why they are losing. These traders tend to look for different strategies that they can find on YouTube, books, Facebook and Twitter of fellow traders.

These three factors are only effective if they work together as it forms a system or strategy. Not knowing all of these factors deliver someone to a pitfall.

The first is Psychology. It is the most underrated of the three, but it is the most common cause of failure for traders, map beginners, or seasonal traders. They fall victim to their emotions over and over again. It is challenging to control one’s emotions, especially when it comes to money. The higher the risk factor of trade, the greater its emotional impact on a trader. Traders tend to, as a BBC report puts it, rogue traders.

There is a study conducted within a group of traders. The group consists of winners and loser traders. What is surprising is that all these traders follow only one system, one strategy, and money management, but different results prevailed at the end of the test. Why is it that there are traders who can generate millions on their trades? And why do others keep on losing? What could be the reason? Human Psychology affects decision making. So, a trader needs to know how to handle his emotions. It is easy to tell your partner you are in control of your emotions. But it is hard to do because it takes time. It is a long process, and it needs to be experienced by a trader repeatedly until he can handle his emotions.

The second is trading tactics which is the favourite of everyone. There are so many strategies spread on the internet, but not all are true. Success in trading still depends on the skills developed by the trader along the way. However, it is safe to say that a functional system can make you a successful trader in the long run. There are different strategies that every trader uses. Some traders prefer the moving average rather than accumulation/distribution for trend-following indicators. They accompany it with oscillators for possible trend turning points such as the MACD histogram or RSI. Others set support and resistance for entry and target profit, stop loss, and minimal chart patterns as their sole indicator. Investopedia explains more about these terms, which are called technical analysis.

It is better to have a trading system that fits your personality. A strategic trader does not just focus on one system. They know that the market is ever-changing, and different systems apply to it. The profitable system you are using now may not work in the future, so you need to adjust it because the market will not do it for you.

Last is money management. Successful traders place more importance on risk management than profit. Contrary to what inexperienced traders do, they tend to focus on profit without risk management. They think it’s easy to make money in the market. They believe they can make a monthly or weekly profit from it — until their account burns down, and then they realize how essential risk management is. Most traders use the help of crypto trading platforms bitcoin-system.io to connect with professional traders who provide advice in risk management.

This situation happens because they are comparing their previous professions to trading. But they don’t know that trading is not the same as work. No matter how long you spend on the monitor keeping track of the chart, your money will not grow. It is like a business that when you start, there is no certainty whether you will make money or not.

Good money management has rules to follow. It is not only focused on putting a stop loss on every trade. It also calculates the percentage you can lose on each trading and the amount you can lose in a month. Once a trader reaches a limit per trade or hits the target percentage for the month, they tend to stop. Successful traders know their limits, and this discipline is what every trader needs to adapt, short-term or long-term. For others, consulting professional crypto traders is the most strategic move to do.

Source: Plato Data Intelligence

Continue Reading

Blockchain

Strategies for Corporate Crypto Investors

Published

on

With the surge of capital from institutional investors, there is a good chance that these stakeholders would want to make the most of their crypto opportunities. Some have already made their move by introducing new services in their portfolio. Here are some of the strategies being employed by companies to be able to seize the day. A reliable cryptocurrency trading platform we recommend is the yuanpayapp website.

Taking a step ahead

Why take the back seat when you can always take a step ahead? This is more likely the reason why companies are better off embracing the forward integration strategy. Of course, they will have to test the waters before delving into a new undertaking.  Nonetheless, it would be useful to take some time before doing so. The strategy requires extra precaution to succeed in the end.

Institutional investors in cryptocurrencies may want to consider the option of offering crypto trading services. Instead of using an external platform, it might be more profitable to develop versions of crypto exchange programs. This would allow them to take control of the trading environment considering the risks and cyber threats.  It is no secret that crypto trading has been enduring attacks.  They might have had enough of hackers challenging security protocols, not to mention scammers trying to grab their share of the loot.

The process can be complicated. Companies will have to spend a hefty capital not only to get the right people on board but also to develop the technology. It would require a significant amount of resources to be able to pull it off. Still, this might not be a problem for Fortune 500 companies with bottomless pockets.

Taking a step back

Another strategic move for companies is to take a step back with backward integration. They can always opt to buy out the function of a supplier to cut costs. In a way, it also helps them control the quality of products and services.  It is by doing so that they can maximise their business opportunities by cutting some sort of red tape along the process. Somehow it helps simplify multiple operations.

Corporate crypto investors might want to explore a window opportunity at the back. For instance, crypto exchanges can always choose to develop their coins for trading. They do not have to shut their doors from the coins they currently trade. All they have to do is invest in a crypto coin that they can call their own.  It would not hurt to introduce another product that the trading platform can vouch on.

Before doing so, crypto exchanges will have to do a serious feasibility study. They also need to build a good reputation to be able to get a share of the crypto market.  With the growing number of cryptocurrencies in the game, they will have to be extra competitive to thrive in the environment.

Taking on something new

Plunging into an innovative endeavour is always a business advantage. This is the reason why companies are investing a huge amount of their capital in research and development projects. It enables them to grow by taking on something new. By doing so, they can discover new opportunities while mesmerising the market for another refreshing idea.

Institutional crypto investors are also welcome to offer something new. For instance, those in the banking sector are looking into a reward system that would involve cryptocurrency giveaways. Transactions would be reinforced by extra earnings in the form of digital coins. This would also open the crypto gates to new individual investors.  It would help drum up the user base for the market to strengthen its position.

Although it can be tempting to keep the status quo and rely on passive income, it is noteworthy that corporate investors tend to push the envelope. They would not stay on the sidelines when they could take the frontline. It is for this reason that they have also expressed their intention to put in more funds for their crypto trading activities.

Conclusion

These are some of the strategies that institutional investors may want to adopt. They can always consider forward integration, backward integration or simple innovation. Whichever they opt to go with, they will have to do their share of due diligence to manage risks.

Source: Plato Dta Intelligencae

Continue Reading

Blockchain

Unique Ertha Land NFTs Are Flying off the Shelves

Published

on

The Ethereum 2.0 Altair Beacon Chain update has gotten off to a successful start, with 98.7% of nodes already upgraded. 

On Oct. 27, Ethereum 2.0 developer Preston Vanloon tweeted that the Altair upgrade had been “activated successfully.”

Altair is the first upgrade to the Beacon Chain since it went online in December 2020 and is likely the last before the merge with the Ethereum mainnet and the change to proof-of-stake.

The upgrade brings light-client support to the core consensus, cleans up beacon state incentive accounting, fixes some issues with validator incentives, and steps up the punitive params (penalties for offline validators) as per EIP-2982.

Paul Hauner is the Lead developer and reviewer of the Altair code in Lighthouse, an Ethereum 2.0 implementation. Hauner Told Cointelegraph: 

“Altair introduced two primary changes. Firstly, it added support for light clients, which are low-resourced nodes that follow the chain with fewer features and slightly weaker security assumptions. Think of a lightweight node on your phone or in your browser. Secondly, it increased the penalties for being offline and for slashing. These penalties were set low from genesis so we didn’t penalize users who were just learning the ropes. The merge will increase these penalties even more. Apart from these two primary changes, there was a handful of efficiency and tidiness.”

The Altair upgrade was a hard fork, meaning that any of the 250,000 or so validators who didn’t upgrade are now offline, and will see their ETH stake slowly diminishing at a rate of about 10% per year.

In order to be compatible with the Altair upgrade, beacon node operators needed to update their client version, a process that only took around 10 minutes.

Although participation dropped as low as 93.3% during the first epoch after the upgrade, it quickly increased to around 95% and has since risen to around 98.7% with about only one percent to go.

“It looks like we have practically all the validators online and running Altair now. It’s hard to tell on these privacy-preserving systems, but I’d say we have no more than 1–2% still offline,”  said Hauner.

According to Beacon Chain data, this clocks in at about 247,400 active validators and 3,000 inactive validators.

Ethereum 2.0 developer Jeff Coleman tweeted, “If they don’t fix it they will cross a threshold and be ejected.”

“I believe full ejection would happen once they drop below 16 ETH, which would take a pretty long time since the network is still finalizing,” said Coleman. 

“The protocol sees no difference between a validator that didn’t upgrade and one that’s just temporarily offline due to a power or network issue. Those that didn’t update just need to update and then restart their nodes, they’ll start validating again once their node catches up with the Altair chain,” explained  Hauner.

The Ethereum devs will be breathing a sigh of relief as the successful upgrade means its full steam ahead to the merge and the scheduled aim of being ready to “switch off Proof of Work forever” by February 2022.

Developer Ben Edgington described the significance of the upgrade in a blog post from earlier this month:

“This is our one and only real-life practice run at upgrading the beacon chain before the merge. If it goes badly (perhaps because many stakers did not upgrade their clients in time) then it will certainly push back the merge date.”

“The proof of stake upgrade, known as The Merge, will be the biggest upgrade in Ethereum’s history.”

“The Altair upgrade will give us valuable experience to ensure that The Merge goes smoothly when it is ready for deployment in 2022,” said Edgington.

Read more: Ethereum 2.0 inches closer with the Beacon Chain’s Altair upgrade

The Beacon Chain is the first stage of Ethereum’s new proof-of-stake blockchain, which will merge with the current mainnet as part of the implementation of Ethereum 2.0.

PoS is 99% more energy-efficient than PoW, which is the method Bitcoin (BTC) miners use and relies on stakers and validators rather than miners.

The final upgrade of Ethereum 2.0 is slated for early to mid 2022.


PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://cointelegraph.com/news/eth2-s-altair-upgrade-goes-off-smoothly-with-98-7-of-nodes-now-upgraded

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://coingenius.news/unique-ertha-land-nfts-are-flying-off-the-shelves/?utm_source=rss&utm_medium=rss&utm_campaign=unique-ertha-land-nfts-are-flying-off-the-shelves

Continue Reading

Blockchain

BitPanda Hires Ex-JPMorgan Exec To Lead The Regulated Exchange

BitPanda hires former JPMorgan executive to lead the regulated Exchange while investors are increasingly treating crypto in the same way as they do with stocks and ETFs, accoridng to the new CEO of the platform. Following the latest developments, we are reading more about it in today’s cryptocurrency news. The crypto ecosystem picked another executive […]

Published

on

BitPanda hires former JPMorgan executive to lead the regulated Exchange while investors are increasingly treating crypto in the same way as they do with stocks and ETFs, accoridng to the new CEO of the platform. Following the latest developments, we are reading more about it in today’s cryptocurrency news.

The crypto ecosystem picked another executive from the traditional finance space and two months after raising $263 million, the Europe-based crypto trading platform Bitpanda announced that Joshua Barraclough, a former executive at JPMorgan will be the new CEO of the exchange Bitpanda Pro. Before transitioning into the crypto space, Barraclough worked as the head of the fintech team and then as the co-head of digital innovations at JPMorgan. He said that leaving JPMorgan to lead BitPanda was an easy decision:

“I have always been at the bleeding edge of innovation, and my job at JP Morgan was to launch new businesses to challenge and transform traditional finance. The crypto ecosystem is the most exciting part of that right now, with an incredible pace of change and growth in adoption. We want further to bridge the gap between digital assets and traditional finance, building on my prior experience.”

bitpanda

Barraclough also commented on the surging crypto adoption and the fresh institutional money by saying:

ADVERTISEMENT

 “This wave of institutional investment, unaffected by many of the regulatory worries of the last bull run, has proven the viability of Bitcoin (BTC) as a secure store of value and inflation hedge.”

He pointed to the increasing interest in the Layer 1 protocols like Avalanche and Solana and innovative DeFi applications:

“Far from being the meme-fueled gamble that many still view it as, investors are treating cryptocurrencies in the same way as stocks and ETFs. Bitcoin is a $1 trillion asset and has seen the world’s biggest investors allocate significant portions of their portfolios to the currency. When the likes of JPMorgan and Blackrock are taking an investment seriously, it’s a sure sign that it’s here to stay.”

bitpanda milestone

Speaking about crypto’s role as the gateway to traditional investments, Barraclough outlined that crypto is gaining even more traction as the first investment asset for the digital natives and poses as a gateway for further financial education. Bitpanda hires ex-JPMorgan executives as it is known to offer versions of the precious metals in digital form and its portfolio is only growing. The exchange secured $263 million in Valar Ventures Series C round and brought its market value to $4.1 billion.

ADVERTISEMENT

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.dcforecasts.com/altcoin-news/bitpanda-hires-ex-jpmorgan-exec-to-lead-the-regulated-exchange/

Continue Reading
Blockchain6 mins ago

The 3 Factors that Contribute to a Successful Trading

Blockchain15 mins ago

Strategies for Corporate Crypto Investors

Energy26 mins ago

Ms. Chen Zhiping, Vice President of ZTE: A Digital Road to Carbon Neutrality

Energy26 mins ago

Global Plastics Manufacturer Selects Missouri for New Facility

Energy26 mins ago

Climate Impact Capital, LLC Joins the Management Board of The Climate Solutions Community, a Global Collaboration That Will Help Address Climate Change

Cyber Security2 hours ago

CRM Service Desk

Esports2 hours ago

Entropiq, Virtus Pro advance to PGL Stockholm Major Legends Stage

Cyber Security2 hours ago

Cybercrime Gang Claims to Have Stolen Data From U.S. Gun Rights Advocacy Group NRA

Blockchain2 hours ago

Unique Ertha Land NFTs Are Flying off the Shelves

SaaS2 hours ago

Gamma brings in $7M to bring the slide deck into the 21st century

Esports2 hours ago

How to Unlock Stadium Doors in Warzone: Keycards and Codes Revealed

Covid193 hours ago

NYC firefighters are planning a protest at the mayor’s home over vaccine rules

Energy3 hours ago

Desert Peak Minerals Inc. Launches Initial Public Offering

Energy3 hours ago

Insights on the Memristors Global Market to 2026 – Growth of Electronics Industry Expected to Boost the Demand

Denmark
Esports3 hours ago

Entropiq shock Heroic to lock in Legends Stage spot

Denmark
Esports3 hours ago

Entropiq shock Heroic to lock in Legends Stage spot

Energy3 hours ago

bp and Infosys to Develop ‘Energy as a Service’ Solution for Campuses and Cities

Esports3 hours ago

Star Ocean: The Divine Force Announced, Coming 2022

Esports3 hours ago

Star Ocean: The Divine Force Announced, Coming 2022

Energy3 hours ago

Ardagh Metal Packaging S.A. – Third Quarter 2021 Results

Energy3 hours ago

Chesapeake Energy Corporation Selects Nabors Industries as Preferred Drilling Contractor

EdTech3 hours ago

How to Use Canva Templates in Google Slides

Blockchain4 hours ago

BitPanda Hires Ex-JPMorgan Exec To Lead The Regulated Exchange

Esports4 hours ago

Bugsnax: The Isle of Bigsnax Free Update Announced

Esports4 hours ago

Bugsnax: The Isle of Bigsnax Free Update Announced

Blockchain4 hours ago

Wharton Business School Starts Accepting BTC Tuition Payments

Blockchain4 hours ago

Crypto Regulations Instead of a Ban in India by February 2022: Report

Fintech4 hours ago

NTUC Income Expands Micro Insurance Offering to Indonesia, Vietnam and Malaysia

HRTech4 hours ago

South Korea offering Rs 1 lakh a month to farm hands

Blockchain4 hours ago

Cartesi Integrates Chainlink Feeds for Delegated Staking System

Trending