Heroes of Ukraine

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

Tuesday, 18 September 10:11 (GMT -05:00)



Business And Politics News

Cryptomarket Quickly Recovered From the SEC's Decision


The global market of cryptocurrencies quickly recovered from the downtrend after the SEC decided to ban the creation of Bitcoin ETFs.
 
According to NordFX, the BTC exchange rate is currently trading around 6562 USD/BTC, Ethereum – 277 USD/ЕТН, XRP (former Ripple) – 0,325 USD/XRP, Bitcoin Cash – 531 USD/BCH. Over the last 24 hours, they gained 1-2%.
 
If to take into account the TOP 40 digital currencies, Tether, USDT happens to be the only one showing negative performance over the last 24 hours. The overal market cap has increased all the way up to 212 billion dollars. Bitcoin is currently occupying over 53% over the entire cryptomarket.
 
On Thursday, the SEC rejected the request to launch the world's first Bitcoin-based exchange-traded funds - ProShares Bitcoin ETF and ProShares Short Bitcoin ETF - as well as the same ETFs by Direxion and GraniteShares. This leads us to belive that we are not going to see a BTC ETF launch this year.
 
In the meantime, international experts have calculated the cryptomarket's losses since the start of the year. It turns out that the market has already lost some 110 billion dollars of its market capitalization since June 2018. In particular, as of June 1st, 2018, the cryptomarket cap used to be equal to 331 billion dollars, but now it has dropped all the way down to 210-220 billion dollars.
 
However, there's good news for crypto investors. The Commonwealth Bank of Australia that emitted the world's first blockchain-based bonds has recently reported about the higher-than-expected demand for their bonds. While the bank emitted 100 million Australian dollars in bonds earlier this year, shortly after that 7 major investors placed their orders for 110 million Australian dollars in bonds.

 

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

 

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

Ulysse Nardin Watch in Elite Lombard: Quality Dictated by Time

Elite Lombard has been operating in Moscow since 2003. It was founded by a team of experts with many years of expertise in the industry.

Publication date: 21 August 07:47 AM

Trump is Isolating the USA from the Rest of the World

Fareed Zakaria has commented on the content of today's external policy of the United States. He claims that President Trump's ambiguous decisions have been pushing the United States away form the rest of the world.

Publication date: 13 August 11:38 AM

Business Circles Stand Still Waiting for Fed's Decision

On July 31st - August 1st, Washington is to host another FOMC meeting. For those of you who don't know FOMC is a Fed committee. The entire business and investment world is now looking forward to the result of this FOMC meeting. The key question is whether the Fed is going to keep on toughening its money-and-credit policy. The answer will be revealed later on Wednesday.

Publication date: 31 July 12:05 PM

Fitch Downgrades Economic Forecast for Russian Economy

An international rating agency named Fitch has downgraded the economic forecast for the Russian Federation. In particular, the experts working for the international agency assume that the Russian economy will grow by 1,8% this year. The previous forecast used to be 2% in 2018. The economic forecast for the next year has dropped from 2% down to 1,9%. In 2020, the Russian economy is believed to gain only 1,5%. The long term forecast is also bearish – 1,2% a year on average.

Publication date: 28 June 12:51 PM

When it comes to trade, EU is worse than China, Trump says

Not so long ago, President Trump said that the European Union is worse than China, when it comes to trade relations. This is reported by Axios with reference t anonymous sources. They say this comparison was made during President Trump’s conversation with French President Emmanuel Marcon back in April 2018. Back then, the 2 leaders were discussing the Chinese issue. Macron urged Trump to unite forces with Europe to resist China since China is a trade problem for everyone. 
 
Publication date: 27 June 11:07 AM

Trump Turned G7 Into G6+1

The British media are criticizing Donald Trump's stance and behavior during the recent G7 summit in Quebec, Canada. 

Publication date: 13 June 12:02 PM

G7 Is Ready to Impose New Sanctions on Russia

In the final communique of the recent G7 summit in Quebec, Canada, there is warning for Russia. In particular the G7 warns Moscow that they are ready to impose even more sanctions on Russia in case of further aggression. 

Publication date: 12 June 11:44 AM

George Soros: New Global Crisis Is Coming

While analyzing the current geopolitical situation in the global arena, many experts warn us about serious threats. For example, famous billionaire and financier George Soros predicts another global crisis in the near future. Even though his predictions are controversial at best, many representatives of the international community take his words for granted.

Publication date: 01 June 12:24 PM

Donald Trump Is Not going to Meet with Kim Jong Un

U.S. President Donald Trump is reported to have been canceled his meeting with North Korean leader Kim Jong Un. This is confirmed by the corresponding official press release published in the White House’s official account.

Publication date: 24 May 11:49 AM

How to become a European bank co-owner?

Do you want to get absolutely legitimate access to the EU’s banking system by becoming a co-owner of a European bank to have personal and corporate accounts in your own financial institution? It’s like having a VIP card by VISA or MasterCard with huge discounts worldwide…

Publication date: 10 April 08:06 AM