Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta | Press release Bitcoin News

Bluehelix Global Expansion - Strategically Cooperates with Japanese Licensed Exchange Xtheta | Press release Bitcoin News

“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate Xtheta’s global market advancement.” — Not long ago, an industry news story raised concerns in the Japanese digital currency community.

Back in April 2017, Japan‘s Financial Services Agency (FSA) enacted an amendment to the Asset Settlement Act to provide strong regulation of digital asset exchanges, which sets out the operating standards for exchanges, introduces the concept of “virtual currency” exchange operators, and clarifies the legal rules for virtual currency trading. As a global economic powerhouse, Japan’s bill will undoubtedly have a profound impact on the global digital asset market.

Against the backdrop of increasing compliance in Japan’s virtual currency industry, Xtheta Exchange was founded in the same year and was approved as one of the 16 exchanges in Japan that can operate digital asset trading in December, and later received an investment of 180 million yen from listed company Ceres in December 2018, and has an excellent reputation and market share in Japan (Japanese licensed exchange Xtheta officially announced that it has entered into a strategic partnership with Bluehelix)

Xtheta officially announced the news of its cooperation with Bluehelix, which shows Xtheta’s confidence in operating a digital asset exchange. For Bluehelix, it is also equivalent to the recognition of the Japanese digital currency industry authority.

Since its establishment in 2018, Bluehelix takes Building Blockchain Financial Infrastructure as its vision, continuously delve technology and polish products, providing professional SaaS and white label technology and solutions to more than 270 clients around the world. since 2020, even more well-known global institutions have chosen to cooperate with Bluehelix.

According to the official news, in February 2020, Bluehelix announced a strategic cooperation with Hanbitco, a licensed exchange in South Korea. Hanbitco exchange was established in 2018 and has been working hard on standardization since its inception, and Hanbitco is ranked among all authoritative certifications related to “Security”. On the list of cybersecurity exchanges published by the authoritative security agency CER, Hanbitco is ranked No. 1 in South Korea and No. 20 in the world.

In May, Bluehelix established a partnership with Chiliz.net, a first-of-its-kind mobile and desktop crypto exchange for sports and entertainment assets. Chiliz ($CHZ) is a digital currency for sports and entertainment platforms. It fuels the world’s first scalable, tokenized voting platform, Socios.com where fans can buy, trade, and execute voting rights in their favorite sports teams. The Chiliz project has raised $66 million from some of the world’s largest cryptocurrency exchanges and leading crypto funds in Asia, including Binance, OK Blockchain Capital, and Ceyuan Ventures. Chiliz is owned by Malta-based Mediarex Group, a global sports, and entertainment organization, which was founded in 2012.

“Due to the Non-Disclosure Agreement, we can’t reveal the specific names of many clients, but many influential clients or world-leading exchanges have cooperated with Bluehelix in SaaS, white-label solution, liquidity, Public Chain and others. Bluehelix Cloud is the culmination of the Bluehelix team’s many years of accumulation in the blockchain finance industry, leading the industry standard in multiple technical dimensions. Bluehelix Cloud considered as the best crypto exchange SaaS and white label solution provider in the market, which can save significant cost and time on infrastructure, matching engine, clearing, custody, liquidity, and so on. Clients can easily focus on business expansion with our marketing tools and marketing-related development with our customizable API and SDKs,” Elsa Qiu, Bluehelix Vice President of Global Business said.

The underlying technical architecture is directly related to the safety and market reputation of the crypto exchange and is of great importance to the trading platform. Many reputational global clients have chosen Bluehelix, which shows great trust in ability and reputation.

Bluehelix ‘s core founding team consists of top talents from first-tier tech and financial companies including Alibaba, Tencent, Baidu, Barclays Capital, Societe Generale, etc. Founder James Ju is a senior technology expert and a successful serial entrepreneur. He used to be the CTO of well-known Internet companies such as Damai.cn and built the SaaS ticketing system of Damai.cn, which is the largest ticketing website in China; served as CTO of Huobi Global in 2014-2017, led the team to built Huobi Pro’s core trading platform, and then served as Vice President of Technology in X Financial, which was successfully listed on the New York Stock Exchange.

Bluehelix R&D team has rich experience in the development of traditional financial and blockchain systems. The team has successfully developed the first-generation high-performance trading system and successfully operated the largest securities investment management SaaS platform in China. The advisory team includes veterans who have participated in the Shanghai Stock Exchange stock trading system. They have in-depth research and understanding of the architecture design, implementation difficulties and solutions of high-performance and high-availability systems. Such experiences are unique and precious in the field of blockchain financial systems.

Based on its deep industry experience and technical strength, Bluehelix has been favored by many high-reputational capital such as Huobi Global and OK Group since its establishment in 2018.

From the product side, Bluehelix Cloud Exchange SaaS System is the only financial level architecture and performance system in the industry with system availability reaching 99.99%. A few months ago, Bluehelix start its next-generation trading system project named “Cone”, which will lead a low-latency, high-performance, high-volume technology and achieve a low latency of less than 1ms for the whole network. The launch of “Cone” will greatly improve the current competition in the cryptocurrency derivatives market.

In addition, since inception in 2018, Bluehelix has set local offices in Singapore, Japan, South Korea, China, and other countries to expand and deliver high-quality products and technologies to the global market. Bluehelix always pays great attention to the regulatory situation and market environment in different regions and strives to provide the best solution and services to clients in different regions.

The deep understanding of the global market of cryptocurrencies and continuous technological advancement is the irreplaceable competitiveness of Bluehelix.

In 2020, cryptocurrency will celebrate its 12th year of existence and has become a force to be reckoned with in the global financial industry, which is becoming increasingly standardized and compliant. Asset security has always been the most important link in the chain of the financial industry, and the underlying technology of the exchange has gained more and more importance.

About Bluehelix
Bluehelix is a blockchain financial infrastructure provider and its Bluehelix Cloud provides technical solutions of Spot, Futures, Options, Margin, OTC trading system, and liquidity services with full-stack solutions and industrial SaaS CSM service standards. Bluehelix Cloud SaaS and white label solution have served more than 270 crypto exchange clients worldwide, covering over 14 million end-users, and its assets custody valuation exceeds 6 billion USDT.

Business Cooperation: [email protected]

Supporting Link
https://www.bluehelix.cloud/en-us/

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Source: www.americancryptoassociation.com


The “Coinbase effect” is back – Here are the crypto tokens to watch

The “Coinbase effect” is back – Here are the crypto tokens to watch

In 2017, Coinbase’s influence over the crypto market was tremendous, with the exchange originally only offering access to select few crypto assets.

As such, whenever they would list a new token, its price would provide investors with unprecedented returns.

This was dubbed the “Coinbase effect,” although this phenomenon faded throughout late-2018 and 2019 when the platform started supporting a slew of assets that many people haven’t even heard of.

It now appears that the “Coinbase effect” is back, as DeFi-related crypto tokens that are listed on the platform have been seeing tremendous gains.

Yesterday, BAND, the token associated with the Band Protocol’s decentralized oracle network, saw a massive price spike that sent it surging from daily lows of $4.90 to highs of nearly $8.00.

As CryptoSlate reported yesterday, this price spike also came about after news broke regarding BAND securing a new integration with the blockchain platform Elrond.

The confluence of this integration, coupled with news of the Coinbase Pro listing, allowed BAND to be one of the best performing assets within the crypto market yesterday.

This has also shown that the once-coveted “Coinbase effect” is back in play as investors grow more willing to siphon money into altcoins.

Luke Martin, a respected cryptocurrency analyst, spoke about this in a recent tweet, explaining that this opens up a “really attractive trading opportunity.”

“I’ve been skeptical about the ‘Coinbase effect’ for altcoins…but that has completely changed in the current market. BAND ripped for 45% when it got added yesterday. I think there’s a really attractive trading opportunity for the other potential adds on their list.”

In a July 31st blog post, Coinbase explained that they are looking to list a variety of different tokens.

According to the exchange, the assets still under consideration of being listed are:

“Ampleforth… Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, tBTC, The Graph, THETA, UMA, and WBTC.”

Of these tokens, Martin believes that BAND’s successful listing will increase their propensity to list another DeFi token next. Of those that remain, he thinks the next one listed may be KAVA.

He explained his reasoning behind this, noting that it has seen intense buying pressure and that “volume…can show up before [the listing is] announced.”

“KAVA caught my attention this morning and after the BAND move I can’t ignore it. Breakout of previous resistance and potential for listing. Maybe someone knows something I don’t…”

As more retail investors begin moving to accumulate altcoins, the impact that a Coinbase listing has on a smaller token’s price action will likely grow larger.

Source: elevenews.com

Author: Published 15 hours ago


CoinDCX Becomes First India Exchange to Offer Users Crypto Staking

CoinDCX Becomes First India Exchange to Offer Users Crypto Staking

The Indian crypto community now has the opportunity to earn passive income merely by holding cryptocurrencies – an activity known as staking.

Also read: Crypto Trading Volumes Rise in India After Banking Crisis, COVID-19 Lockdown

  • CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
  • CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
  • CoinDCX Becomes First India Exchange to Offer Users Crypto Staking
  • CoinDCX Becomes First India Exchange to Offer Users Crypto Staking

Source: finance.yahoo.com

Author: Omkar Godbole


Buying and selling volumes on crypto exchanges have doubled in July – CoinCheckup Weblog

Buying and selling volumes on crypto exchanges have doubled in July – CoinCheckup Weblog

The July buying and selling volumes on the CEX.IO cryptocurrency trade have grown twice in comparison with June 2020. A significant motive for the expansion is the elevated curiosity of market contributors in ETH – particularly, due to DeFi and the approaching launch of Ethereum 2.0. Now ETH is a progress driver, and it’s pulling different cryptocurrencies, like BTC, particularly, up.

Beginning round July 20th, buying and selling volumes on CEX.IO have elevated a number of instances after a comparatively lengthy lull, reaching the degrees of Might 2020.

Often, the share of the BTC/USD pair within the complete trade quantity is about 40%, however over the previous few days, it was solely about 20%. The remainder of the quantity was offered by different pairs. Specifically, volumes of ETH pairs elevated a number of instances. Through the week of July 20-26, the common day by day ETH turnover on the trade was three instances larger than the common day by day ETH turnover in June.

It’s protected to say that ETH is now the driving force of the cryptocurrency market progress.

On common, the stability of BTC and ETH deposits and withdrawals on CEX.IO has been preserved. Typically there’s a noticeable bias in the direction of BTC enter and ETH withdrawal. This means both an elevated demand for purchasing ETH or lively arbitrage methods of merchants.

Bitcoin reached the $12,000 mark for the primary time for the reason that starting of the yr, however couldn’t maintain the place and rolled again. Such motion of the principle cryptocurrency was pretty predictable. If you happen to observe the charts of the coin’s dynamics, you possibly can see that the bullish pattern has fashioned 50 days in the past. The cryptocurrency has been steadily going upward, passing one stage after one other.

As well as, different components additionally contributed to Bitcoin’s progress. The principle amongst them is the speedy rise in gold costs. And though many specialists imagine that gold and BTC aren’t correlated, this isn’t the case. Bitcoin is named “digital gold” for a motive. As quickly as the price of a troy ounce of gold handed the $1,900 mark, the value of Bitcoin went up sharply.

The strengthening of the Bitcoin fee was additionally facilitated by the rise within the US greenback emission. Only in the near past, the US authorities introduced that it’s making ready a brand new invoice geared toward overcoming the implications of the coronavirus pandemic, which incorporates various anti-crisis measures, akin to extra greenback emission and issuance of assist funds of $1,200 per particular person. Factually, passing the invoice will lead to trillions of low cost {dollars} being launched onto the market. Issuing checks for this quantity will stimulate cryptocurrency patrons. Final time, in April-Might of this yr, the acquisition stage of cryptocurrencies within the quantity of $1,200 went up sharply. Which means that People are more and more fascinated about various sources of funding, and cryptocurrencies are one in all them.

The worth has examined resistance across the $10,500 stage a number of instances for the reason that starting of 2020.

Dmytro started his profession as a cell sport developer on smartphones, after that he developed lending programs for varied banks. In 2014 he turned a mission supervisor on the CEX.IO crypto trade. He optimized the know-how and processes on the trade, in addition to the buying and selling and analytics programs and integrations with exterior programs. He created the CEX.IO Dealer platform to commerce derivatives. In early 2019 he rose to the place of CTO at CEX.IO.

Source: thebitcoinexaminer.com

Author: TBE


Bluehelix Global Expansion - Strategically Cooperates with Japanese Licensed Exchange Xtheta | Press release Bitcoin News


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