Search Results for: VAT
Over $150M drained in KuCoin crypto exchange hack
September 29th, 2020
The Singapore-headquartered digital asset exchange KuCoin said in a statement that it detected large withdrawals of bitcoin (BTC) and ethereum (ETH) tokens to an unknown wallet beginning at 19:05 UTC time on Friday. In a live stream on 4:30 ...
Introducing brokers to pay civil monetary penalty
September 28th, 2020
The Commodity Futures Trading Commission (CFTC) issued orders filing and settling charges against three registered introducing brokers (IB)—EOX Holdings LLC of Houston, Texas; Futures International LLC of Chicago, Illinois; and OTC Europe LLP of London, United Kingdom—for failure to meet minimum ...
Lessons on inflation from the past
September 25th, 2020
This article examines two inflationary experiences in the past in an attempt to predict the likely outcome of today’s monetary policies. The German hyperinflation of 1923 demonstrated that it took surprisingly little monetary inflation to collapse the purchasing ...
World’s first crypto bank gets green light
September 24th, 2020
The mainstream adoption of crypto may soon be accelerated by the establishment of a pioneering bank dedicated to providing comprehensive deposit-taking, custody and fiduciary services for digital assets. The Kraken crypto exchange has announced that the American state of ...
China is killing the dollar
September 23rd, 2020
In the wake of the Fed’s promise of 23 March to print money without limit in order to rescue the covid-stricken US economy, China changed its policy of importing industrial materials to a more aggressive stance. In examining ...
Bulls Taking AUDUSD Higher – Elliott wave analysis
September 22nd, 2020
AUDUSD is trading bullish since 0.551 level, when a bigger, bearish trend found a low. We now see an impulsive price action underway, where price can be only reversing for a pullback from the highs. We are talking about ...
Breakout Of A Triangle On USDMXN
September 15th, 2020
In this analysis we will talk about a triangle pattern. Those who are familiar with them, will know that these are one of the most popular patterns by hundreds of traders. The reason why they are so interesting is ...
Inflation, deflation and other fallacies
September 15th, 2020
There can be little doubt that macroeconomic policies are failing around the world. The fallacies being exposed are so entrenched that there are bound to be twists and turns yet to come. This article explains the fallacies behind ...
Singapore to become Asia’s benchmark for bitcoin pricing
September 14th, 2020
Singapore Exchange Ltd (SGX) is creating two new cryptocurrency indexes with the goal of setting the pricing standard for bitcoin and ethereum in Asia. SGX’s iEdge Bitcoin Index and iEdge Ethereum Index will use inputs from exchanges determined by ...
Emerging currencies fell
September 9th, 2020
Emerging market currencies fell as a sharp fall on Wall Street sent panicked investors into the U.S. dollar, with simmering Sino-U.S. tensions and concerns over an economic recovery adding to the mix. Amid concerns that a recovery in oil ...
