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Forex and Cryptocurrency Forecast by NordFX. May 20-24, 2019
U.S. Sanction Trap For Russian Rouble
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Masterforex-V Names Biggest Stock Exchanges
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EU Comes Up With Workaround to US Sanctions
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US-China Trade War Reaches Next Level
Roma May Drag Moscow and Brussels Into Major Financial Crisis
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Foreign exchange market
Forex and Cryptocurrency Forecast by NordFX. May 20-24, 2019
Roman Boutko, an analyst for NordFX, has come up with another consensus forecast for the forex and cryptocurrency markets for the forthcoming trading week starting on May 20, 2019.
This week Bitcoin may raise to 7000 USD/BTC
This week, Bitcoin may grow in value all the way up to 7000 USD/BTC, some experts say. As you probably know, the past trading week wasn’t successful for the world’s first cryptocurrency, as well as for the rest of the crypto market.
UK to Start Litcoin Futures Trading
Today’s Bitcoin Rate Signals Growing Risks in Banking Sector
Bitcoin Goes Down Before Another Rally?
Masterforex-V Analysts name Successful ICOs in May 2018
For those of you who don’t know, an Initial Coin Offering (ICO) is all about raising funds. To be more specific, startups sell their underlying crypto tokens in exchange for existing crypto currencies, mostly Bitcoin, Ethereum and other altcoins out there. This resembles an IPO in the stock market where investors buy a newly offered stock.
Bitcoin Will Hit $20K, CoinShares Says
Bitcoin is really capable of getting back to the all-time high at $20K per coin. This is what founder of Coinshares Danny Masters thinks on the matter. He is not a rookie in this business. His company has been creating investment products for the cryptocurrency market and conducting blockchain-related research for years. Mr. Masters believes in the future of Bitcoin and altcoins. However, he thinks the market is yet to pass a few development stages.
German Stock Exchange Börse Stuttgart Welcomes Cryptocurrencies
Soon enough, maybe this fall, German stock exchange Börse Stuttgart is going to start working with cryptocurrencies. For that purpose, the exchange is expected to use its branch. Trading cryptocurrencies will be implemented through the Bison app. The expected trading turnover is around 100 billion dollars.
Bitcoin Goes Down, Getting Closer to 8000 USD/BTC
Earlier today, the world’s first and most expensive crypto currency was going down while continuing the downtrend seen a day before. According to CoinMarketCap, the BTC exchange rate dropped below 8300USD/BTC, though it recovered a bit later on. Over the last 24 hours, the currency lost more than 5% of its dollar value.
Bitcoin Rallies Despite Criticism from Buffet and Gates
This trading week, Bitcoin is unlikely to conquer another major threshold located at 10000 USD/BTC. The thing is that some Bitcoin investors were cooled down by the statements made by investment guru and billionaire Warren Buffett, founder of Berkshire Hathaway, as well as by Bill Gates, founder of Microsoft and one of the richest people on the planet.
