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access_timeSeptember 23, 2023
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  • Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead
  • USDCAD has a down, up and down week and is closing the week between MA levels
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  • The Fed’s Daly (non-voting member): We are closer to our destination
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Category: Cryptocurrency

This category covers the latest news and analysis on the forex market for cryptocurrencies. Cryptocurrency is a new and volatile asset class, so it is important to do your research before trading it.

Cryptocurrency

Fresh banking troubles provide a fresh bid for bitcoin

Posted onAugust 8, 2023

Bitcoin is in the midst of its best day in almost a month. It’s up 2.3%, or $752 to $29,925 as it threatens to retake …

Cryptocurrency

PayPal launches stablecoin

Posted onAugust 7, 2023

PayPal USD has launched a stablecoin PYUSD. The coin is is issued by Paxos Trust Co and fully backed by US dollar deposits, short-term Treasuries …

Cryptocurrency

Mad admits to being the original Bitfinex hacker

Posted onAugust 3, 2023

The original Bitfinex hacker has finally been identified. Ilya “Dutch” Lichtenstein, a resident of New York, has admitted to being the original Bitfinex hacker. The …

Cryptocurrency

SEC now ready to consider ETH futures – report

Posted onAugust 2, 2023

The SEC has indicated its readiness to publicly consider the latest ether futures filings, according to two sources cited by Blockworks. The report noted that …

Cryptocurrency

ICYMI – Binance Japan launches crypto services with with 34 tokens/virtual currencies

Posted onAugust 2, 2023

ICYMI, noews from Binance, the world’s largest cryptocurrency exchange. It announced the launch of Binance Japan, offering 34 coins, including Bitcoin, Ether, Solana and Dogecoin. …

Cryptocurrency

ICYMI: SEC Chair Gensler said the crypto market is “rife with fraud, rife with hucksters”

Posted onJuly 27, 2023

US Securities and Exchange Commission Chair Gary Gensler spoke on Thursday with Bloomberg TV on its “Bloomberg Markets” show. crypto is highly speculative investors should …

Cryptocurrency

Selling pressure takes bitcoin below $30,000 but the range-bottom holds

Posted onJuly 17, 2023

Bitcoin hit at session low in the past hour, briefly trading below $30,000. It has since bounced back above that level though as the range …

Cryptocurrency

UK financial regulator shuts down 26 illegal cryptocurrency machines

Posted onJuly 11, 2023

The UK’s Financial Conduct Authority shut down 26 machines across the country for illegally offering cryptocurrencies. The action came after a member of the public …

Cryptocurrency

Standard Chartered have pumped their 2024 bitcoin forecast to as high as US$120,000

Posted onJuly 10, 2023

Crypto analysts at Standard Chartered have boosted their Bitcoin forecast: to USD 50,000 in 2023 and to as high as USD 120,000 in 2024 (from …

Cryptocurrency

Bitcoin tumbles below the $30,000 level after SEC news. What next technically?

Posted onJune 30, 2023

The SEC headlines on bitcoin sent the digital currency sharply to the downside. The price which reached a high of $31,260 moved down to a …

Cryptocurrency

Reserve Bank of New Zealand is ramping up its monitoring of stablecoins and cryptoassets

Posted onJune 30, 2023

The RBNZ says there are significant risks and opportunities from stablecoins and other private money innovations but also significant uncertainties about how the sector will …

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Recent Posts

  • Gold (XAU/USD), Silver (XAG/USD) Forecast: Upside Potential but Technical Hurdles Lie Ahead
  • USDCAD has a down, up and down week and is closing the week between MA levels
  • WTI crude oil futures settle at $90.03
  • The Fed’s Daly (non-voting member): We are closer to our destination
  • British Pound Weekly Forecast: Respite Unlikely As Fundamentals Wilt

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