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Wednesday, January 10, 2018
CryptoCurrency News: Mike Novogratz Unveils Plan for Cryptocurrency 'Merchant Bank'
Billionaire and ex-fund manager Mike Novogratz has unveiled the launch of a cryptocurrency "merchant bank."
via CoinDesk
[FOREX NEWS] Scope For Further JPY Strength Towards 110 After BoJ’s Move – BTMU
The Bank of Japan triggered a “mini taper tantrum” with its tests. In addition, the news about China’s intention to slow buys of US Treasuries also played its part in pushing USD/JPY lower. What’s next? Here is their view, courtesy of eFXnews: BTMU FX Strategy Research discusses USD/JPY outlook and notes that the JPY is the [...]
The post Scope For Further JPY Strength Towards 110 After BoJ’s Move – BTMU appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Bitmain Expands to Switzerland as China Cools to Bitcoin Miners
Bitmain, the China-based bitcoin mining giant, has set up a new subsidiary in Switzerland.
via CoinDesk
CryptoCurrency News: Goldman Sachs: Bitcoin Could Be Viable Money In Troubled Economies
A new report published by Goldman Sachs highlights how bitcoin and cryptocurrencies could serve as alternative forms of money in troubled economies.
via CoinDesk
CryptoCurrency News: Kodak's Cryptocurrency Is Already Being Presold
The company licensed by Kodak to use its name in conjunction with a new cryptocurrency has already begun pre-selling it ahead of a public initial coin offering (ICO).
via CoinDesk
CryptoCurrency News: Warren Buffett: Cryptocurrencies Will Come to a 'Bad Ending'
Billionaire investor Warren Buffett said cryptocurrencies would come to a "bad ending" in a new interview Wednesday.
via CoinDesk
CryptoCurrency News: Down But Not Out: Ripple Bulls May Regain the Upper Hand
The 50 percent decline of Ripple's XRP token from the record highs may have strengthened the bears, but further downside may be limited.
via CoinDesk
CryptoCurrency News: Coinbase: Massive Buy Demand Caused Bitcoin Cash Launch Hiccups
Coinbase has blamed overwhelming demand from buyers for issues experienced during its launch of bitcoin cash trading last month.
via CoinDesk
[FOREX NEWS] Why is Ripple plunging? 4 reasons and levels to watch
Ripple, the cryptocurrency that will potentially back bank transactions in Japan and elsewhere, became a darling of the cryptocurrency world in late 2017 and early 2018. The price more than quadrupled from the lows of crypto-crash of December 22nd, when XRP/USD traded around $0.82 to the peak of $3.24. And this isn’t just an emerging [...]
The post Why is Ripple plunging? 4 reasons and levels to watch appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Goodbye ICOs, Hello TAOs? How Tokens Will Change in 2018
The landscape for tokens and ICOs will change this year, but the effects might be farther reaching and more impactful on society than you'd think.
via CoinDesk
CryptoCurrency News: Overstock Payments Glitch Mixes Up Bitcoin and Bitcoin Cash: Report
Online retail giant Overstock.com has reportedly experienced a bug that meant it mixed up payments made in two different cryptocurrencies.
via CoinDesk
CryptoCurrency News: Downside Exposed? Bitcoin Continues Slide to Below $14K
Bitcoin is looking weaker on charts today, courtesy of a three-day losing streak, and could drop even lower in coming days.
via CoinDesk
CryptoCurrency News: Microsoft Resumes Bitcoin Payments After Halt Over 'Instability'
Tech giant Microsoft is once more accepting bitcoin payments after it halted transactions in the cryptocurrency last week.
via CoinDesk
CryptoCurrency News: Venezuela's Planned Petro Cryptocurrency 'Illegal,' Says Congress
Venezuela's opposition-run congress has declared that a planned new oil-backed cryptocurrency called the petro is illegal.
via CoinDesk
[FOREX NEWS] Chinese USD Crash: EUR/USD jumps over one resistance line, halts at 1.20 for now
The report that China will slow or halt purchases of US bonds sent the dollar tumbling down across the board. The moves are quite significant and we are seeing nice reversals. We noted that EUR/USD has an impressive technical behavior so far in 2018. The world’s most popular currency pair seems to respect technical levels [...]
The post Chinese USD Crash: EUR/USD jumps over one resistance line, halts at 1.20 for now appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] USD crashes on report that China will halt buying US bonds – updates on 5 pairs
According to a report by Bloomberg, China is considering a halt or at least a slowdown in buying US treasuries. The report cites people familiar with the matter, saying that US government bonds are becoming less attractive in comparison with other assets. Perhaps worse off, they also cite trade tensions with the US as a reason for [...]
The post USD crashes on report that China will halt buying US bonds – updates on 5 pairs appeared first on Forex Crunch.
via Forex Crunch
[FOREX NEWS] GBP/USD slips under 1.35 amid more mediocre data, rising US yields
Pound/dollar remains under pressure and it is now trading under the round number of 1.35. At current levels, this is a drop of around 50 pips on the day. The low so far is 1.3489. The latest trigger came from the mediocre data released in Britain, but worries about Brexit push Sterling down. In addition, [...]
The post GBP/USD slips under 1.35 amid more mediocre data, rising US yields appeared first on Forex Crunch.
via Forex Crunch
CryptoCurrency News: Beyond the Red Tape: The Path Ahead for Token Sales
Mason Borda is a tech entrepreneur focusing on blockchain infrastructure and security. He is currently the CEO and co-founder of TokenSoft Inc, a crypto treasury management and white label token sale platform. The following article is an exclusive contribution to CoinDesk's 2017 in Review. It began with some source code and a white paper. Bitcoin, […]
via CoinDesk
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