Trending Crypto news

 We take a look at five things every trader needs to know. 1. Goals are important  The act of setting goals has a range of benefits in both every day and trading life. Goals provide direction and help guide you on the path to your desired destination. Setting clear goals can also have huge benefits when it comes to decision making – these goals can help to form constraints too. If it seems like the…

BTC Billionaire crypto investor Mike Novogratz once again reiterated his bullish stance on Bitcoin, telling CNBC that the coin should retest it’s $20,000 highs by the end of 2020. However, the crypto bull threatened to give up on the market if this didn’t happen, saying, This is the year of Bitcoin and if it doesn’t go up now by the end of the year, I might just hang my spurs. Novogratz also noted recently that…

Your personal forex trader, robot RoFX is developed by a team of skilled software developers and traders with the objective of helping traders make a profit. Created in 2009, the robot had started to show positive dynamics since 2010. The robot has helped several traders to succeed, even without any formal trading experience and knowledge. After a lot of research and considering top forex robot reviews tests, here is an honest review of the robot.  …

Blockchain technology has plenty to offer online marketplaces. Thanks to the efficiency of cryptocurrency, marketplaces can cut back on transaction costs, overhead costs, and middlemen. Plus, the peer-to-peer nature of blockchain means that marketplaces can place fewer restrictions on their customers and exercise less oversight. Marketplaces that rely on blockchain tech may be modeled after just about any existing platform, from large-scale marketplaces like Amazon to small-scale listing sites like Craigslist. Others resemble storefront platforms…

The cryptocurrency market was higher on the week after the U.S. Congress passed a $2 trillion Coronavirus stimulus bill, which saw a rally in stock markets and other assets. The legislation is aimed at supporting U.S. businesses and workers, but as the United States economy is globally important, it has helped to support stocks and commodity markets worldwide. Bitcoin saw a second-consecutive week of gains, although it also saw a second failure to get through…

The beginning of 2020 has been a whirlwind of change for cryptocurrency regulations across the globe. Spearheaded by the Financial Action Task Force’s (FATF’s) global recommendations for the regulation of virtual currencies made in 2019, jurisdictions worldwide are now implementing monumental changes to their previously “light-handed” regulatory frameworks. In the US, regulatory changes are being explored, but are yet to be implemented. In more progressive jurisdictions, such as South Korea and Germany, changes have been…

The beginning of 2020 has been a whirlwind of change for cryptocurrency regulations across the globe. Spearheaded by the Financial Action Task Force’s (FATF’s) global recommendations for the regulation of virtual currencies made in 2019, jurisdictions worldwide are now implementing monumental changes to their previously “light-handed” regulatory frameworks. In the US, regulatory changes are being explored, but are yet to be implemented. In more progressive jurisdictions, such as South Korea and Germany, changes have been…

Banks and financial institutions can use blockchain in several ways. For one thing, cryptocurrency and blockchain-powered systems offer fast and inexpensive transactions, settlements, and payments. Blockchain is also useful for banks that want to handle client records, identities, and other data in a secure way. However, some banks are hostile toward the idea. Many banks see cryptocurrency as a threat to their existence, or even as a danger to the economy at large. Others simply…

BTC  Bitcoin has held onto key support at the trendline mentioned in last weeks’ article, with a rally up to the $6,900 level. This has retreated overnight, due to another drop in stock futures after U.S. Democrats voted against the proposed stimulus package for the economy. Another vote is scheduled for 9:45 a.m. and the BTC support is still in play for now. Bitcoin actually did well to bounce last week with stock markets still…

Tim Lane, who is the Deputy Governor of the Bank of Canada, was the one who first spoke about this at FinTech RDV 2020 in Montreal. He declared that launching a digital currency was not the main goal, but the bank might consider it shortly. The Bank of Canada is examining two possible scenarios that could lead to the need to launch a digital version of the local currency. In the first, the use of…