What you need to know to operate this Tuesday, December 14: The major pairs oscillated between gains and losses in a risk-off environment, with the volatility moderate and confined to familiar levels, as market participants wait for the central bank announcements. The US Federal Reserve will announce its monetary policy decision on Wednesday, while the […]
Tag: Cryptocurrencies
Bitcoin ‘bull’ not intimidated by $ 700 billion in cryptocurrency market
The data analysis company MicroStrategy, led by billionaire and “bull” of the most popular cryptocurrency in the world, Michael Saylor, announced on Thursday that it proceeded to a second round of Bitcoin acquisition, during the last drop of crypto, using the proceeds from the sale of to boost its share of the digital currency market […]
Panetta (ECB): Cryptos are not socially and economically useful
Crypto has shown no signs of benefiting society or the wider economy, ECB Executive Committee member Fabio Panetta said today, according to Bloomberg. Although Crypto advocates often hail the ability of cryptocurrencies to serve a portion of the population “without a bank” or to remove the middleman, the ECB official noted that “there is no […]
Caution amid uncertainty surrounding Omicron and ahead of central bank decisions
This is what you need to know to operate the Friday, December 10: Market sentiment remained sour, amid the uncertainty surrounding Ómicron and as decisions by major central banks approached. According to Reuters and citing sources familiar with the matter, members of the Governing Council of the European Central Bank are converging in a debate […]
Bitcoin could pull Turkey out of the monetary crisis
By Frank Holmes It’s early December 2021 and The Turkish pound has fallen near its all-time low against the US dollar as President Recep Tayyip Erdogan continues to pursue what the Wall Street Journal calls “unconventional economic policy.” Households in Turkey saw the value of the hryvnia fall by about 30% in November, making everything […]
Forex Today – Asian Session: Optimism Leads, But Will It Last?
What you need to know on Wednesday, December 8: Markets were more active on Tuesday, with optimism leading the way. The hope that the coronavirus-Omicron variant will be milder and not disrupt the economic recovery sent global stocks higher. However, it is too early to say how things will turn out with the new COVID-19 […]
Crypto-theft of at least $ 150 million from a cyber attack on the BitMart platform
BitMart, a cryptocurrency trading platform, confirmed a “large-scale security breach” over the weekend, saying hackers stole about $ 150 million in digital assets. “The affected ETH hot wallet and the BSC hot wallet transfer a small percentage of assets to BitMart. All of our other ‘wallets’ are safe and secure,” BitMart initially said. updates according […]
New dip up to 20% for bitcoin
Bitcoin and other cryptocurrencies were in a new big drop in another sign of aversion to risk in the markets. The largest digital currency fell to $ 42,296, then narrowed part of the decline. At 08.00 it was trading at $ 47,600, down 11%, according to Bloomberg. Ether, the second largest cryptocurrency, fell 17.4%, while […]
Top pairs in family ranges as investors await Friday’s NFP jobs report
This is what you need to know to trade today Thursday, December 2: Major currency pairs struggled to make a decisive move in either direction on Wednesday, as investors paid little to no attention to high-level data releases from the United States. The president of the FOMC, Jerome Powell, reiterated his observations on the prospects […]
Forex Today – Asian Session: Mood Improves, Dollar Advances
What you need to know on Tuesday, November 30: Fears receded on Monday after panic dominated financial markets on Friday as equity markets crashed following the announcement of a new variant of covid discovered in South Africa called Omicron. However, the market reaction may have been exacerbated by weak market conditions due to the Thanksgiving […]
