The Chicago Mercantile Exchange (CME), a global derivatives marketplace, revealed that Bitcoin futures investors lean towards cash payments over the physical delivery method they receive in Bitcoin (BTC).
According to recent statistics, crypto-derivatives trading makes up 90% of the trading volume, in notional value, in crypto trading market – comparing with spot trading. The domination of crypto-derivatives prove this kind of leveraged instrument is playing a fundamental role in price discovery process of cryptocurrency market. And it gradually becomes an important piece in a mature and well-balanced marketplace.
Ubcoin Market , global peer-to-peer Telegram-connected marketplace for exchanging real goods to cryptocurrency and back, announced the release of its iOS mobile app (Android and web versions are next to come out). Now it is possible to sell or buy iPhones or any other items in exchange for digital assets, without engaging fiat money in these processes. More info and link to download the app: https://ubcoin.io/en
Ubank (https://www.ubank.ru/), the leading mobile payment app in Eastern Europe, introduced the first version of Ubcoin Market (https://ubcoin.io/en/product#universe) - a global peer-to-peer platform that is designed to bring 200 mln new investors to crypto. Ubcoin is an eBay-like Ethereum-powered marketplace that allows people to exchange real goods for cryptocurrency and vice versa. Ubcoin will be part of the Ubank mobile app that is pre-installed by Samsung in 10 countries and has over 16 mln installations worldwide. In July 2018 Ubank announced that it started partnership with LG Electronics about having Ubank available for LG users.
Wemark is featuring a curated stock photography marketplace with over 1M images, powered by a blockchain-based licensing protocol. Backed by the some of the biggest names in the image industry, Wemark allows photographers to connect directly with buyers, regaining control, transparency and revenue from distributors and agencies.
In recent years the the world has witnessed a technological transition thanks to the blockchain technology. Despite the recent eruption of cryptocurrencies and the blockchain, we are in a relatively infantile stage in the grand scheme of things. With this said, the main issue hindering exponential growth in the world computing power is the demand in contrast to the currently available supply.
Singapore-based Runs.com, the soon-to-be-launched blockchain platform for community-driven e-Commerce, has announced a presale stage of its crowdfunding campaign, following the successful $1 million seed funding backed by Panamax Capital, Beast Capital and Columbia Angels. Presale contributors stand to gain a 30% as an incentive for backing the project at this early stage.