A new deal between the TigerWit forex trading platform and the English Premier League football club Liverpool is in the latest cryptocurrency news. The football club is officially partnering with the blockchain-based trading app that gives clients access to Forex trading pairs, key global markets, indices, commodities as well as metals.
The partnership clearly states that TigerWit will become the ‘Official Foreign Exchange Trading Partner of Liverpool FC’ in a new deal that gives the platform a great competitive advantage and potential increase in popularity. Liverpool FC, on the other hand, will be official partner of the platform and its users will benefit from the DLT-based settlement system.
This is not the first time a football club is partnering with a blockchain-based trading platform of this kind. Previously, other English football clubs such as Tottenham Hotspur, Newcastle United, Leicester City, Crystal Palace, Arsenal, Southampton and Brighton & Hove Albion have all partnered with eToro, which is a global online investment platform. In the French Ligue 1, the football giant Paris SG (PSG) was also in the news for apparently planning to launch a token offering and incentivize its supporters over a blockchain.
In the wake of the new partnership, the CEO of TigerWit, Tim Hughes, stated:
“Today is a proud day for TigerWit, we are launching our innovative blockchain-based trading app and partnering with Liverpool FC. TigerWit believes in a market that does not discriminate or play favourites. We have developed a pioneering blockchain-based settlement system that instills trust by delivering greater security and process efficiency. Trading should be, and can be, more transparent and fair for all traders, regardless of experience or the size of their account.”
The Managing Director and Chief Commercial Officer at Liverpool FC also expressed his confidence, stating:
“We are very happy to add TigerWit as our newest club partner and our official Online Foreign Exchange Trading Partner. Our worldwide following will generate global exposure for TigerWit, whilst their core markets of the UK, Europe and Asia each have tremendous numbers of Liverpool FC supporters. Through this new partnership with TigerWit, we look forward to marketing activations, which help offer our fans activities and experiences to bring them even closer to the Club.”
Liverpool FC is one of the oldest and most legendary football clubs in the world. Founded in 1892, the club has won 18 League Titles, 7 FA Cup titles, 5 European Cups, 3 UEFA Cups, 3 European Super Cups and 15 Charity Shields.
Russia Is Not Planning To Buy $10 Billion In Bitcoin
“This statement has no common sense. The Russian Federation — like any other country in the world — is simply not ready to combine its traditional financial system with cryptocurrencies.”Sidorenko reacted to the fake news reports from Telegraph where it was noted that Russia wants to invest $10 billion in bitcoin in order to mitigate the economic impact that is brought up from the US sanctions. The rumors emerged on Twitter where a particular user wrote that Kremlin has no choice but to invest in bitcoin and that it is the only way to avoid the harsh sanctions by President Trump. Ginko posted on Twitter and his post went viral after Telegraph wrote a story about it and lots of other websites just added their own touch to it. Ginko is known to the public for making such shocking tweets and comments after once saying that sham investment adviser Bernie Madoff is the real Satoshi Nakamoto. However, Sidorenko said that Ginko’s comments are absurd:
“Even if Russia wants to place its cryptocurrency assets now, it simply cannot do this. We do not have any mechanisms that would allow us to introduce a system: where these assets would be stored, which authorities would be responsible for it, which would be responsible for abuses and stuff.”However, according to Tota Kaliaskarova, the director of macroeconomic policy with the Eurasian Economic Union says that crypto could have a huge impact on the Eurasian economy.
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