Search Results for: Cryptocurrencies
The world’s most-used cryptocurrency isn’t Bitcoin
October 4th, 2019
What’s the world’s most widely used cryptocurrency? If you think it’s Bitcoin, which accounts for about 70% of all the digital-asset world’s market value, you’re probably wrong. While concrete figures on trading volumes are hard to come by in ...
China’s new digital currency
September 9th, 2019
China’s proposed new digital currency would bear some similarities to Facebook’s Libra coin and would be able to be used across major payment platforms such as WeChat and Alipay, a senior central bank officer said. Mu Changchun, deputy director ...
The reasoning behind Gold’s breakout
August 1st, 2019
Gold’s dramatic move above $1400 has caught the investment establishment by surprise. Physical gold ETFs, as a proxy for direct portfolio investment, amount to only 0.05% of the estimated $250 trillion of global investment values. As well as ...
Bitcoin vs Libra
July 22nd, 2019
Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they’re used. CNBC runs through the key differences between ...
Stalling Markets
July 22nd, 2019
The combination of American trade protectionism and the end of a failing credit expansion is leading into a global economic downturn, and potentially a systemic crisis. Meanwhile, investors still believe more extreme monetary policies will stabilise economies and ...
UK financial regulator proposes ban on sale of crypto-derivatives to retail consumers
July 4th, 2019
The Financial Conduct Authority (FCA) is proposing rules to address harm to retail consumers from the sale of derivatives and exchange traded notes (ETNs) referencing certain types of cryptoassets. The FCA considers these products are ill-suited to retail consumers ...
Elliott Wave Analysis: Ripple Doesn’t Show Any Bullish Signs, Yet!
June 6th, 2019
Ripple is trading sideways for a long time despite bullish turn on many major cryptocurrencies, so we still think that the bottom is not in place yet, especially because of Ripple logarithmic scale chart, which has the same ...
FCA UK wins case against unauthorised forex firm
May 27th, 2019
The Financial Conduct Authority (FCA), the conduct regulator for financial services firms and financial markets in the UK, has issued an announcement to inform that following an application by the FCA, the High Court, on 14 May 2019, declared ...
Cryptocurrency crime cartel managed to raise over $200 million from investors
May 23rd, 2019
A Brazilian cryptocurrency crime cartel has been shut down after conning over 55,000 investors for over $200 million. The cartel ran an unlicensed financial institution without authorization from Brazil‘s Central Bank. The scammers claimed to offer cryptocurrency investments and ...
Bitcoin price exceeds $8,000
May 14th, 2019
The Bitcoin cryptocurrency continues to go up in price that has exceeded $8,000 on Tuesday, which is some 33 percent more than a week ago, the data of the CoinMarketCap cryptocurrencies portal showed. The bitcoin’s price amounts to $8,039, ...
