The Bank of Zambia has started to clamp down on cryptocurrency-related businesses, mere days after declaring that it does not view digital coins such as BTC as legal tender. The crackdown began on Oct. 14, when the central bank announced an investigation into Heritagecoin Resources Ltd. for allegedly laundering money, according to local media reports.
New Day – New Dollar Sale U.S. Dollar/Japanese Yen FX:USDJPY HelenRush Every day is full of new food for thoughts. We saw another day of US Dollar sale due to risk aversion flows and profit-taking after long-term bullish trend . We strongly believe that most part of the move was related to investors who
Italy’s cabinet on approved the country’s expansionary 2019 budget bill late on Monday, Prime Minister Prime Minister Giuseppe Conte said. Conte told reporters the budget “keeps our promises while keeping public accounts in order”, adding that the government had sent the budget framework to the European Commission in Brussels for its review. Commenting on the
Digital assets platform OKEx has added four stablecoins to its listed assets. According to a support notice published by OKEx, the Hong Kong-based cryptocurrency exchange says that TrustToken’s TrueUSD (TUSD), Circle’s USDCoin (USDC), the Gemini Dollar (GUSD) and Paxos Standard Token (PAX) are now live on the platform. These four will join Tether’s USDT, the
USDTRY dollar strength… USD/TRY OANDA:USDTRY meszaros An upward wave may be formed in the exchange rate, which can only be regarded as a correction. This wave may rise to 6.0 usd. Then another downward wave structure can be expected. The target price is 5.55 usd level environment.
Big dippers are certainly what we are getting in October Ripple / Dollar BITFINEX:XRPUSD CoinPattern Big dippers are certainly what we are getting in the month of October!! Although the Bull Flag has failed (due to DOW dropping 800 points) the breakout could easily retrace back to 0.36 area and still remain bullish . Notice
Fidelity Investments has launched a new business to allow its institutional clients to trade in digital currencies such as bitcoin, a press release reveals. Known as Fidelity Digital Asset Services, LLC, the company will purchase and sell cryptocurrencies for family offices, hedge funds and other monetary ventures. All coins will be sourced from large, over-the-counter
Tether’s peg is slipping, and an exchange-wide firesale has led to major price discrepancies between bitcoin’s BTC/USDT and BTC/USD trading pairs across the market. In the early hours of October 15, 2018, Tether’s USDT was trading at $0.92, the lowest asking price the coin has seen in 18 months. At the time of writing, the
Bitcoin failed breakout of symmetrical triangle Bitcoin / Dollar BITFINEX:BTCUSD CoinPattern Symmetrical triangles usually breakout in the direction of the trend which in Bitcoins case is down. Bitcoin initially dropped through the bottom of the symmetrical triangle only to bounce hard the other way on volumes not seen since April. A failed breakouts
After last week’s price drop, investors have become optimistic in the positive short-term trend of crypto. The new bull run is being led by Bitcoin, which has managed to regain and exceed its former bottom of $6,000. According to the data provided by Bitfinex, BTC against Tether (USDT) exceeded $7,700. This unexpected surge in the