Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Saturday, 16 February 19:17 (GMT -05:00)



Foreign exchange market

China's Central Bank Is Skeptical About Cryptocurrencies


The People’s Bank of China has been very skeptical (even critical) about cryptocurrencies. This is confirmed by the statement recently made by the central bank’s president.

In particular, he thinks that cryptocurrencies have been spreading around the world too fast, which has been a real threat to consumers. Apart from that, this situation may result in unpredictable consequences for the global financial market. He also sees most of the existing cryptocurrencies as unreliable. Therefore, those cryptocurrencies must be suspended while the more reliable ones need to be checked thoroughly.

 
The President of the People’s Bank of China reminds us that since August 2017, all ICOs and cryptocurrency transactions have been banned in China, which means neither Bitcoin nor altcoins have been recognized as legal payment means in China since then.

At the same time, he doesn’t deny blockchain and other innovative technologies but he warns the world against ignoring the importance of secure financial products and markets. In particular, he thinks that it’s unacceptable to create highly speculative financial products for instant and big profits and therefore undermine the existing global financial system.

In the meantime, NordFX reports that Bitcoin is currently trading around 9300 USD/BTC. The BTC exchange rate crashed to this level shortly after peaking at a level slightly above 9800 USD/BTC. Ripple, Bitcoin Cash, Litecoin and many other cryptocurrencies followed Bitcoin and lost a bit of the value. At this point, the entire cryptocurrency market cap has shrunk down to 358 billion dollars.


 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Cryptocurrency Market Will Get Feverish By Mid February 2019

There is quite a lot of factors out there capable of influence the currency market in general, and cryptocurrency market in particular. In their turn, currency exchange rates can influence the entire world. At the same time, professional traders and investors take those exchange rates into account to avoid losses and make profits. At the same time, they don't mid taking expert opinions into account to be more accurate in their own predictions as well as the trading decisions based on them.

Publication date: 11 February 10:36 AM

NordFX. Forex and Cryptocurrency Forecast. Early February 2019

NordFX is back with their weekly consensus forecast for the week. We must confess that the forecast based on a number of technical indicators and expert opinions have been really efficient in predicting future market behaviors. With that being said, this is an overview of the recent forecast made for the current trading week, which is February 4-8, 2019.

 

Publication date: 04 February 11:05 AM

Chinese New Year

Full amount of credited bonuses is available for withdrawal without any restrictions. All bonuses are credited as an additional balance transaction in the account history.


Publication date: 03 February 03:20 AM

Experts on Cryptocurrency Market Prospects

Over the last few years, Bitcoin has dropped in value considerably. International experts are trying to figure out how the market situation may change in the near future.

Publication date: 03 February 02:25 AM

Dollar Will Go Higher, FortFS

Given the current tension present in the international arena these days, more and more market players are closely watching the major currencies' exchange rates. In their analytic forecast, FortFS experts have named a few factors capable of affecting the U.S. Dollar. The exerts say that the index futures indicate a positive start for the American stock market.
Publication date: 20 January 01:42 AM

NordFX Names Key Events for Forex and Cryptocurrency Markets

NordFX is back with their weekly consensus forecast for the week. We must confess that the forecast based on a number of technical indicators and expert opinions have been really efficient in predicting future market behaviors. With that being said, this is an overview of the recent forecast made for the current trading week, which is January 14-18, 2019.
Publication date: 15 January 09:34 AM

NordFX Sums Up On 2018 and Makes Predictions About 2019

Summing up and making predictions for the next year has become a good tradition at the end of each year. According to NordFX expert John Gordon, Deutsche Bank summed up on the results of its work in 2018. The actual result turned out to be a loss. In particular, it turned out that around 93% of all the assets owned by the bank have depreciated as opposed to that value in January 2018. This is the worst financial performance in 118 years! 2018 beat even 1920 when 84% of the assets decreased in value.
Publication date: 02 January 04:08 AM

Bitcoin and Euro Will Likely Go Down, NordFX

It's not a secret that currency exchange rate have been playing a key role in our lives for decades. In particular, those exchange rate determine inflation rates, consumer prices, and so much more. What is awaiting the international currency market this trading week?

 
Publication date: 25 December 09:44 AM

Christmas Fairy Tale by FortFS

FortFS has been now for its promos and bonuses for years. Christmas and New Year are coming. This means that it's time for new pleasant surprises. With that being said, FortFS wants to congratulate all of its existing and future clients and wishes them Merry Christmas and happy New Year. To celebrate together, FortFS has announced a new promo. It's called "CHRISTMAS FAIRY TALE".

Publication date: 18 December 12:52 PM

Bitcoin Will Decline, Dollar Will Grow, NordFX Predicts

Whether we are aware of this or not, currency exchange rates have been affecting our lives for decades. However, more and more retail traders and investors are now getting increasingly interested in financial markets in general and Forex in particular. or the most part, all of those changes in exchange rates are they key factors determining their financial results at the end of the day.
 
Publication date: 17 December 12:29 PM