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Forex Consolidation. EUR/USD and GBP/USD
Tape Patterns Indicator
Bitcoin's Getting Ready For a Strong Rally
Bloomberg: Crypto Is Better Than Gold In 2020
Gold Prices Drop Below $1860/oz, Seeing A Major Downtrend
Texas Authorities Spot New Crypto Scams
Goldman Sachs is back in the game
European ETFs - Decent Alternative to American ETFs
Warren Buffett Keeps Loading Up On Bank of America's Stock
WTI Price Drops After US Oil Inventories Report
Is Gold Worth Investing Amid Crisis?
Remember the Key Rules of Investing in Stocks
SEC Announces $10M Bounty For Whistle Blowers
Raygan's Former Advisor Accuses the Fed of a Big Fraud
U.S. Labor Market Disappoints, Economy Slows Down
iPhone as a Payment Terminal: Apple Bought a Startup For That
China Makes Blockchain Professions Official
South Korea Invests Billions In Blockchain Technologies
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Foreign exchange market
Forex Consolidation. EUR/USD and GBP/USD
The stock market has been ambitious in its attempt to eliminate September's retracement and take the "blue wave" into account but the forex market has been more conservative recently in terms of restoring risky bets. However, when it comes to the stock market, each and every scenario out there eventually boils down to the smart money, which cannot but affect the international currency market. Still, there are many questions to be answered yet, which makes it really difficult to make more or less clear predictions.
Near-Term Bitcoin Prospects
There's Nothing Wrong About Crypto-Market Downtrend, Ethereum Co-Founder Lubin Says
The ups and downs currently seen in the global market of digital currencies do not reflect the current state of affairs in the market, Joseph Lubin thinks. By the way, he is the founder of ConsenSys and a co-founder of Ethereum, the world's second-biggest cryptocurrency in terms of market cap.
Bitcoin May Continue Downtrend
The bearish market bias has been setting in for a while. This started shortly after the SEC decided to delay their decision on the Bitcoin ETFs for such companies as VanEck and SolidX. This is confirmed by ForkLog.
Philip Nunn Predicts $60K for Bitcoin in Late 2018
According to Philip Nunn, CEO of Blackmore Group and Wealth Chain Group, the BTC exchange rate is likely to skyrocket all the way up to 60000 USD/BTC.
Bitcoin lost 7% in 24 hours
The Bitcoin exchange rate has gone down by 7% over the last 24 hours. In particular, the exchange rate dropped down to 7500USd/BTC.
Panic Around Winklevoss Brothers Hasn't Dropped Bitcoin Below $8000
For those of you who don't know, the SEC has recently declined the Winklevoss Brothers' request to create an exchange-traded fund (ETF). Shortly after the news, some cryptocurrency investors started panicking. At the same time, some experts started predicting another downtrend in the global market of cryptocurrencies in general and Bitcoin in particular.
Bitcoin Gained Over $1000 In a Week. The Uptrend Is Still Underway.
After a couple of months of stagnation, the cryptocurrency market seems to start recovering and regaining the lost ground. Over the last couple of weeks, the BTC exchange rate increased by more than 1000 dollars. Other popular cryptocurrencies followed.
Most ICOs Eventually Fail
Most ICOs out there end up with nothing for the ambitious project starting them as well as their investors seeking quick yet stunning returns on their investments. This is confirmed by the survey conducted by the University of Boston, Bloomberg reports.
Bitcoin Gets Cheaper on News about Hacking Swiss Cryptocurrency Exchange Bancor
On July 11th, Bitcoin and other altcoins continued their downtrend started on Monday. International experts say that the biggest reason for that is the news on hacking a Swiss crypto exchange known as Bancor. In particular, they say, the hackers stole 23,5 million dollars in crypto coins.
Bitcoin Rate Reaches 6700 USD/BTC
At the end of the trading week, the BTC exchange rate reached 6700 USD/BTC. The entire cryptocurrency market showed confident growth as well.
