Search Results for: EC
Cryptocurrency Market Suffers Another Major Correction as Bitcoin, Ether, Ripple Fall
January 15th, 2018
The cryptocurrency market experienced yet another major correction for the second time this week, as the price of both major and small cryptocurrencies fell by large margins. Cryptocurrency Market Endures Large Correction On January 12, almost immediately after South ...
The World Federation of Exchanges publishes position paper on FinTech in the market infrastructure space
January 12th, 2018
The World Federation of Exchanges (“The WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published a position paper summarising the WFE’s current views on FinTech and the regulatory environment surrounding it. The purpose ...
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day
January 12th, 2018
Oil prices eased on Friday after hitting their highest levels since December, 2014 the previous day. Although analysts and traders have been warning of the risks of a downward price correction since the start of the year, they point ...
Will coffee futures recover in 2018?
January 11th, 2018
Coffee prices fared poorly last year, despite (depending on which analysis you follow) ideas of another world production deficit. The impact of the shortfall, evident in downbeat export data from Brazil and Vietnam, was muted by the extent to ...
Shareholder of a Cyprus Investment Firm fined by CySec
January 11th, 2018
The Board of the Cyprus Securities and Exchange Commission (CySec) has issued an announcement to inform the public that, at its meeting held on 13 November 2017, decided to impose an administrative fine of €10.000 to Mr. Pavel Krymov, ...
CADJPY Is Making a Bullish case, while GBPAUD Looks into a Correction
January 9th, 2018
With strong crude oil, strong stocks and downtrend on USDCAD, then CADJPY can be very interesting for more upside. We are observing an impulsive recovery which can be underway up to 93.00, so current minor set-back can be just ...
Two leading MENA Fintech hubs signed region’s first FinTech agreement
January 8th, 2018
Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, and the Bahrain Economic Development Board (EDB) have entered into a Fintech cooperation agreement, marking a significant first in the MENA region. Signed between two of the ...
Cyber security expert: People’s smart homes could come under attack as a consequence of bitcoin’s price surge
January 8th, 2018
People’s smart homes could come under attack as a consequence of bitcoin’s price surge, a cyber security expert has warned. “Cryptojacking” incidents, in which people’s devices are quietly hijacked and forced to mine digital currencies for other people, are ...
Investment prospects for 2018
December 29th, 2017
Predicting the future is a mug’s game, and in financial markets we simply cannot know tomorrow’s prices. All we can do is make assessments of the factors that can be expected to influence them. Economists’ forecasts today, with ...
Cryptocurrency bitcoin tumbled, down 30 percent from record peak
December 22nd, 2017
Cryptocurrency bitcoin tumbled below $14,000 briefly on the Bitstamp exchange BTC=BTSP on Friday, down roughly 30 percent from its record top near $20,000 set at the start of the week. It was last down 7 percent at $14,499 BTC=BTSP ...
