European crypto exchange CoinField is getting closer to the launch date of its ambitious Sologenic project. This week it announced all of the stock exchanges that will be “compatible” for tokenized assets trading on the XRP Ledger. Once live, the Sologenic ecosystem will allow trading of 40,000 stocks, ETFs and commodities. These traditional assets will be turned into stablecoins and backed by real-word assets, per Sologenic.
Here is the complete and very impressive list of traditional stock exchanges that Sologenic is adding to its platform:
New York Stock Exchange & NYSE MKT
Toronto Stock Exchange
TSX Venture Exchange
BME Spanish Exchanges
Deutsche Borse (XETRA)
Irish Stock Exchange
Johannesburg Stock Exchange
London Stock Exchange & IOB
Milan Stock Exchange
NASDAQ OMX Copenhagen, Helsinki and Stockholm
NYSE Euronext Amsterdam AEX, Brussels, Lisbon and Paris
Oslo Stock Exchange
Prague Stock Exchange
SIX Swiss Exchange
Wiener Borse / Vienna Stock Exchange
Warsaw Stock Exchange
Australian Securities Exchange
Hong Kong Exchanges
HK Stock Connect
Tokyo Stock Exchange
Commenting on the announcement, CoinField’s CEO and Sologenic’s Co-creator Bob Ras said: “What makes Sologenic a game changer is “On-demand Tokenization,” where traders have access to a wide range of securities offered by the top global stock exchanges. Traders can tokenize any assets in real-time and then trade them against cryptocurrencies or other tokenized assets. I believe it’s time for the traditional financial markets to be disrupted and take advantage of existing blockchain technology.”
Sologenic also provided details on how the ecosystem works – it turns real-world assets into digital tokens and puts them on the XRP Ledger for trading. Generated stablecoins will represent the ownership of the asset, with the suffix “ƨ” added to it. A tokenized Tesla stock (TSLA) will become TSLAƨ, for instance. Users will be able to store and keep custody of their tokenized assets in private online or offline wallets and no third party is required to keep the private keys, per Sologenic.
Trading will take place on a centralized exchange, as well as on a DEX, which is expected to launch in Q2 2020. Sologenic has also announced SOLO cards to spend cryptos instantly anywhere in the world.
RoFX Review – Simplified Trading for Beginners
Developed in 2009, RoFX was tested in the world currency market and started offering successful bids with excellent profits from 2010. It is an EA with a proven AI that provides a fully automatic trading solution. The robot is ideal for beginners who do not have much knowledge or experience in forex trading. Here is an honest review of RoFX based on the information gathered from myfxbook and top forex robot review tests.
How to Get Started with RoFX
You need to know that RoFX is not available for download. However, you can open an account for free on the robot’s official website rofx.net. After logging in, the trader can choose from the packages available. A trader should select the package which seems to be the most convenient.
The bigger the deposit, the less of a percentage is paid as performance fees. The trader also has the higher share in the daily trading profit. Daily profit is calculated as 0.38%. There is loss coverage guarantee.
The following packages are available:
- Easy start
- VIP PAMM
You may view the details of the packages in the…
Fear & Greed Index Suggests A Bull in the Bitcoin Market?
As indicated by Justin Kwo, an analyst director from Bexplus, Cryptocurrency trading is a game of nerves and it cannot withstand the emotional behavior. Traders keep on changing their minds with the sudden and strong market fluctuations. This behavior reflects their psychological instability and prevailing sentiment in a particular time zone. However, in the Bitcoin market, traders’ emotions will determine their trading behaviors, which, therefore, affects the future trend of Bitcoin.
So, what is Fear and Greed Index?
Alternative.me has the most well-known and respected Bitcoin fear and greed index.
- Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
- When Investors are getting too greedy, that means the market is due for a correction.
To make it precise:
- When the index drops below 20 it indicates extreme fear.
- When the index rises above 60, it indicates extreme greed.
The result of Fear and Greed Index is calculated from the following aspects:
Volatility: the program marks wider fluctuations as a sign of fear
Market volume: if buying volumes increase significantly, the greed levels rise, too
Social media: the client monitors, gathers and counts posts on various hashtags, to see how many interactions they receive…
Origin Protocol Launches Fundraiser to Help Find Vaccine for COVID-19
Origin Protocol is selling KN95 masks at cost and shipping them to anyone in the US within 3-5 days. This is just one of the ways Origin is turning its rewards campaign into a fundraiser to support the Coalition for Epidemic Preparedness Innovations (CEPI) — a foundation that is working to accelerate the development of vaccines against COVID-19. CEPI first launched in 2017 with initial funding from the governments of Germany, Japan, Norway and the Bill & Melinda Gates Foundation. To combat the COVID-19 outbreak, CEPI has been moving with great urgency in coordination with the World Health Organization (WHO), who is leading the development of a coordinated international response.
“At Origin, we admire the critical work that CEPI is doing for people during this outbreak, and are dedicated to support its mission in accelerating the development of vaccines against COVID-19. With successful development and equitable access of these vaccines, we can fight COVID-19 together,” said Max Unger, Head of Community at Origin Protocol.
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