Search Results for: currency market
Bitcoin Price Nears $600 Amid Sustained Market Rally
June 6th, 2016
Bitcoin prices have risen sharply in the past week, nearing the key psychological level of $600 after lingering close to $450 for most of the last several weeks. Bitcoin has established a new trend over the last week or so, with ...
Japan approves new regulations for digital currency exchanges
June 1st, 2016
According to latest reports, the Diet in Japan (the legislature that is composed of the Lower and the Upper Houses) has approved a bill on Wednesday to regulate operators of virtual currency exchanges in the country, in order to ...
Currency Traders Beware as Danske Bank Eliminates Human Element
May 31st, 2016
Danske Bank A/S is pitching a new product to help clients net their currency transactions and reduce the need for human traders. The second-biggest Nordic bank won a contract last week with Sweden’s government to provide the service and ...
Russia plans to introduce its own cryptocurrency
May 27th, 2016
Bitcoin Beware: Russia Developing National Cryptocurrency Russia plans to introduce its own cryptocurrency, while banning the use of all others, local media reported Friday, ciring Federal Financial Monitoring Service (Rosfinmonitoring) Deputy Director Pavel Livadny. According to the Kommersant newspaper, ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
HSI, Nikkei lead gains as most Asian markets advance
May 25th, 2016
Asia markets mostly closed higher on Wednesday, with Hong Kong leading gains and several major indexes advancing more than 1 percent each. Japan’s Nikkei 225 closed up 258.59 points, or 1.57 percent, at 16,757.35, with shares receiving an additional boost from ...
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
BetaShares launches Australia’s first European and Japanese currency hedged ETFs
May 20th, 2016
BetaShares announced the launch of Australia’s first currency hedged European and Japanese equity ETFs on the ASX. BetaShares WisdomTree Europe ETF – Currency Hedged (ASX: HEUR) and BetaShares WisdomTree Japan ETF – Currency Hedged (ASX: HJPN) provide access to ...
Even gold is not as secure as un-hackable Bitcoin currency – Bitcoin Foundation CEO
May 17th, 2016
The Bitcoin system is said to be reaching its capacity limits – spelling a possible disaster for thousands of those who decided to invest in the world’s top cryptocurrency. One of the leading programists from the company quits it, ...
Top Currency Traders Warn White House Race May Echo Brexit Chaos
May 16th, 2016
Campaign trail rhetoric foreshadows dollar volatility ahead Policies on trade, currency manipulation may weaken greenback Traders wanting to know what November’s U.S. presidential election will mean for the dollar need look no further than the U.K. The pound plunged ...