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Friday, December 22, 2017
CryptoCurrency News: Belarus Government Cuts Taxes For Crypto Businesses
The government of Belarus has passed new statutes aimed in part at encouraging the development of companies around cryptocurrency and blockchain.
via CoinDesk
CryptoCurrency News: Some Crypto Assets Are Trending Up Amid Today's Drop
Amidst today's market drop, several cryptocurrencies reported gains during the afternoon trading session.
via CoinDesk
CryptoCurrency News: Cleaning Up the Crypto Markets: A Job for 2018
Regulation may be a four-letter word in the crypto markets, but that doesn't mean it should be embraced according to one bank analyst.
via CoinDesk
[FOREX NEWS] S&P500 Can Face a Bearish Reversal and CADJPY More Upside
S&P500 shows a five wave move within wave 5) since mid of November which means that sooner or later, a deeper and new corrective set-back may occur. Particularly we see price picking up, away from the lower channel line, which indicates final sub-wave five of 5 to be in progress, which can search for a [...]
The post S&P500 Can Face a Bearish Reversal and CADJPY More Upside appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Stocks That Soared On Crypto News Are Also Sinking Today
Today's cryptocurrency market plunge has ensnared the prices of several publicly-traded companies.
via CoinDesk
CryptoCurrency News: 30% Decline: Charting the Ongoing Crypto Price Correction
It's a red Friday for the cryptocurrency markets, where major assets have all seen 30 to 40 percent declines on the day's trading.
via CoinDesk
[FOREX NEWS] US new home sales leap by 17.5% to 733K – USD ticks up
The US housing market looks steaming hot, at least according to the annualized level of new home sales which jumped by 17.5% to 733K.Is this an outlier? It may be so. The figure for November was revised down to 624K, quite a big change from 685K originally published. The final read of consumer confidence from [...]
The post US new home sales leap by 17.5% to 733K – USD ticks up appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Sberbank Chairman: Blockchain Adoption Could Take 10 Years
The head of Sberbank believes that the wider-scale implementation of blockchain in Russia could take as long as a decade.
via CoinDesk
CryptoCurrency News: Futures Firm Cboe Filed for 6 Bitcoin ETFs This Week
Cboe has filed with the SEC to list multiple bitcoin futures ETFs in the past week, public records show.
via CoinDesk
[FOREX NEWS] BTC/USD dips to $10,400 before bouncing – trading halted at the CME
The big sell-off of cryptocurrencies continues with huge falls in all 5 digital coins. Here are 5 reasons for the big fall. The king of coins, bitcoin, is down over 33% and trades around $10,900 at the time of writing. The low so far has been $10,400 and volatility is raging, with a recovery reaching $12,000. [...]
The post BTC/USD dips to $10,400 before bouncing – trading halted at the CME appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] US durable goods orders fall short of expectations – USD still stable
Orders of durable goods rose by 1.3% in November, lower than 2% expected. Looking at core orders, we already have an outright drop of 0.1% against a rise that was expected. A deeper dive into the core of the core points to a drop of 0.1% as well. Sales of durable goods feed into GDP [...]
The post US durable goods orders fall short of expectations – USD still stable appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Wikileaks to Accept Additional Cryptocurrencies for Donations
Julian Assange stated in a Tweet that Wikileaks is seeking to add new cryptocurrencies in the future after FPF announced the closure of its support.
via CoinDesk
CryptoCurrency News: Buying Bitcoin? Investment Funds Will Be on the Blockchain, Too
The future of tokenized monies calls for a tokenized investment fund. The road there is being paved, but it's not so cut and dry.
via CoinDesk
[FOREX NEWS] Bitcoin cash crash: technical levels to watch on BCH/USD
Bitcoin cash (BCH) was the shining star earlier in the week when Coinbase included it in its exchange. Now it seems to be one of the biggest losers in the dive of digital currencies. Why are they falling? Here are 5 reasons for the crypto-crash. BCH/USD dipped under a level of support but managed to [...]
The post Bitcoin cash crash: technical levels to watch on BCH/USD appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] ETH/USD erosion: creates double bottom – technical levels to watch
Ethereum is often seen as the “second cryptocurrency”, offering a significant alternative to bitcoin due to its more sophisticated nature. ETH/USD hasn’t always followed its bigger brother, but when all cryptocurrencies crash, Ethereum is no exception. Why are digital coins down? Here are 5 reasons for the crypto-crash. Yet ETH/USD seems to have a better technical [...]
The post ETH/USD erosion: creates double bottom – technical levels to watch appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] UK Q3 GDP final read upgraded to 1.7% y/y – GBP/USD ticks up
The British economy grew by 0.4% in Q3 2017 also according to the final read, but on a yearly basis, growth was upgraded from 1.5% to 1.7%, a bit of good news. This small upgrade was countered by a disappointment on the current account read: a deficit of 22.784 billion pounds, worse than 21.2 billion [...]
The post UK Q3 GDP final read upgraded to 1.7% y/y – GBP/USD ticks up appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] Litecoin, heavy crash: technical levels to watch on LTC/USD
Double-digit downfalls for digital currencies is the name of the game today with no holdouts nor standouts. What is going on? Here are 5 reasons for the crypto-crash. Litecoin, LTC/USD, is down over 22%, suffering one of the biggest downfalls, competing only with bitcoin cash. Here is the chart showing the big fall, followed by [...]
The post Litecoin, heavy crash: technical levels to watch on LTC/USD appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: SEC's Munchee Order Is a Recipe for Securities Law Violations
The SEC's recent Munchee order offers a significant insight into its views of how to analyze ICOs under securities laws, says Katherine Cooper.
via CoinDesk
[FOREX NEWS] Ripple rolls over: levels to watch on XRP/USD
Cryptocurrencies are suffering a sell-off: it’s a Santa rally but just in reverse. Why are digital coins coming down? Here are 5 reasons for the crypto-crash. Ripple was initially guarded against the fall, holding its ground while bitcoin, Ethereum, bitcoin cash and litecoin were all tumbling down. However, the sell-off has arrived at XRP/USD as well. [...]
The post Ripple rolls over: levels to watch on XRP/USD appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] BTC/USD: Levels to watch after the big crash
Cryptocurrencies are crashing across the board and the leading coin, bitcoin, is not immune to the fall. Why is the sell-off occurring? Here are 5 reasons for the crypto-crash. Bitcoin is not suffering the worst crash, but as the leading digital currency, it enjoys the highest volume and its recent moves offer technical levels of [...]
The post BTC/USD: Levels to watch after the big crash appeared first on Forex Crunch.
via Forex Crunch
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