Search Results for: Ether
Bitcoin and other cryptocurrencies have crashed 20 per cent on Monday
January 9th, 2018
Bitcoin and other cryptocurrencies including ethereum, litecoin and ripple plummeted in value on Monday after Coinmarketcap removed prices from South Korean exchanges without warning. Prices on South Korean exchanges are typically up to 30 per cent higher than in other ...
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 ...
How quickly will the dollar collapse?
January 8th, 2018
This might seem a frivolous question, while the dollar still retains its might, and is universally accepted in preference to other, less stable fiat currencies. However, it is becoming clear, at least to independent monetary observers, that in ...
Bitcoin got a big boost in 2017. Here are 5 other cryptocurrencies to watch in 2018
January 4th, 2018
Mainstream investors spent much of last year trying to figure out how to jump in on bitcoin, the digital currency for which prices ballooned to as high as $19,000 in recent months. But even as people hope to make ...
The Bank of England is Entertaining its Own Official Cryptocurrency
January 3rd, 2018
As originally reported by The Telegraph, the Bank of England may approve the creation of a state-sponsored cryptocurrency within the year. Just last year, the bank announced it had commissioned a theoretical currency, RS Coin, which could be used ...
Oil prices close to mid-2015 highs, but doubts over further rises loom
January 3rd, 2018
Oil prices were stable on Wednesday, not far off mid-2015 highs reached the previous session, as strong demand and ongoing efforts led by OPEC and Russia to curb production tightened the market. U.S. West Texas Intermediate (WTI) crude futures ...
Charges against a $1.2 billion Ponzi scheme targeting thousands of investors
December 22nd, 2017
The Securities and Exchange Commission today announced charges and an asset freeze against a group of unregistered funds and their owner who allegedly bilked thousands of retail investors, many of them seniors, in a $1.2 billion Ponzi scheme. SEC ...
Bigger Triangle on Gold Coming to an End And Looking Lower
December 21st, 2017
Gold is seen trading in a big sideways price action known as a Elliott wave triangle correction. A triangle is a complex pattern with five legs, with each leg having three more sub-waves. That said, in our case we ...
Asian equities mixed, Yen and pound little changed; Investors review
December 21st, 2017
Asian equities were mixed after U.S. equities dipped in the wake of congressional passage of U.S. tax cuts, suggesting investors see the growth-boost narrative from the corporate and individual rate reductions as having played out. Benchmark gauges in Sydney ...
Act with extreme caution when you are about to invest in cryptocurrencies
December 20th, 2017
Following the announcement issued by the Canadian Securities Administrators for the risks associated with cryptocurrency futures contracts, the Monetary Authority of Singapore (MAS) has issued an announcement to advise the public to act with extreme caution and understand the ...
