Major German Coop Bank Passes Negative Interest Rates to Customers

Major German Coop Bank Passes Negative Interest Rates to CustomersOne of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about passing on negative rates.” Also read: Massive […]

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Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs WorldwideBanks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000 Almost 60,000 Job […]

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Major German Stock Exchange Group Launches Crypto Trading

Major German Stock Exchange Group Launches Crypto TradingBoerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian Parliament Member Helping Crypto Community Influence Regulation German Regulated Crypto Trading Platform The group which […]

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Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QEFinancial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure economic […]

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German Derivatives Exchange Rumored to Be Launching Crypto Futures

German Derivatives Exchange Rumored to be Launching Crypto FuturesEurex, a derivatives exchange that is operated by German exchange organization Deutsche Börse, has announced its intention to launch several crypto futures contracts. The company is reportedly planning to introduce contracts for BTC, ETH, and XRP. Also Read: US ETF Ruling to Inform South Korean Cryptocurrency Market Eurex Expected to Launch Crypto Futures Contracts Deutsche […]

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Northern Bitcoin, Rawpool Sign Wallet and Mining Deal

Bitcoin Cash Miner Rawpool Agrees Wallet, Mining Deal With German's Northern BitcoinGermany’s Northern Bitcoin AG (MUN:NB2) has agreed to offer Bpal Wallet, a wallet and payments app created by China-based Rawpool Group, in the European market. The agreement between the Munich-listed company and the bitcoin cash (BCH) miner, effective from today, also covers mining operations and cryptocurrency exchanges. Shares of Frankfurt-based Northern Bitcoin AG rose 2.8 percent […]

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Popular Bitcoin Wallet Samourai Ditches All Government Currencies

Popular Bitcoin Wallet Samourai Ditches All Government CurrenciesIn what could be construed as calling the casual enthusiast’s bluff, BTC maximalists at the Samourai project announced, “All fiat currency conversions have been removed from Samourai Wallet. We understand this may inconvenience some, it may even be enough to cause us to lose some users, but we believe it is fundamental that our existing […]

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Bitcoin Group SE Reports Half-Year Profit Surges 300% to $3.86 Million

Bitcoin Group SE Reports Half Year Profit Surges 300% to €3.33 MillionGerman digital currency exchange Bitcoin Group SE reported on Friday a first-half net profit increase of more than 300% to €3.33 million (~$3.86 million USD). The company added 86,000 new accounts of people buying and selling cryptocurrency like bitcoin and bitcoin cash in the first six months of 2018. Also read: Debit Card Issuer Bitnovo Announces […]

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PR: Coinsbit Launches Reliable and Safe Trading Platform

Coinsbit Launches Reliable and Safe Trading PlatformThe blockchain technology has recently gained a great popularity and there are unlikely people who haven’t heard about Bitcoin and cryptocurrencies. The more coins enter the market, the more trading opportunities should be provided. In this case, crypto exchanges come into play. CoinMarketCap has over 200 trading platforms in its rating list. In fact, there are over 500 exchanges to choose from. Coinsbit has looked at the existing trading platforms and marked out key features that reliable and safe crypto exchange should have.

Key features of a perfect exchange

The rules for any exchange in the market are simple: registered legal entity, high level of security for transactions and users’ personal data, customer support, low transactions fees, high speed of transactions and more.

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