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- Written by Helmholtz Watson
- Category: Forex
European Central Bank policymaker and President of the National Bank of Austria Ewald Nowotny continued with his theme of accusing the U.S. of intenionally influencing the U.S. dollar lower.
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- Written by Super Harley
- Category: Forex
2017 finished with what can best be described as a crypto mania. Seems everyone was talking Bitcoin. Companies were adding blockchain to their title and seeing their stock go up 400% on nothing but a name change. But this was different this time! Apparently not.
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- Written by The Bipolar Trader
- Category: Forex
Apparently Bitcoin is worth something and legimate enough to sell. The US attorney's office announced plans to sell 513 Bitcoin worth more than $8.5 million siezed in a drug and money laundering case. Don't tell the SEC.
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- Written by Super Harley
- Category: Forex
Bitcoin has become a phenomenon in 2017, the longevity of cryptocurrencies is one of the most polaring topics of the year. The key lies in China where about 58% of the world’s large cryptocurrency mining pools are located, the U.S. has 16%.
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- Written by ClemSnide
- Category: Forex
It has been a wild few weeks for Crypto currencies, coming to a crescendo and crash on Friday. Coinbase began having interruptions with the collapse of Bitcoin and made an announcement 11:11 a.m. ET that "all buys and sells have been temporarily disabled."
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- Written by Helmholtz Watson
- Category: Forex
American companies parking income offshore to avoid tax will be taxed at a rate of 15.5% for cash and cash equivalents in the new GOP tax plan posted Friday. This is up from President Trump's initial 10%. After cutting taxes lawmakers had to source revenue elesewhere.
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- Written by Helmholtz Watson
- Category: Forex
;Bitcoin Fever has taken hold across the world, the worse example appears to be in the US where FOMO players have pushed it on some exchanges as high as $19,500 (GDAX) where as more conventional (yes I did say that) exchanges saw $17,000. That in one problem; Price discovery, the South Korean PM sees it as much worse.
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- Written by CautiousInvestor
- Category: Forex
Bitcoin is currently the leading worldwide cryptocurrency and it is quickly becoming a popular alternative form of payment electronically. Be informed of the risks and how to counter them.
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- Written by Helmholtz Watson
- Category: Forex
German chancellor Angela Merkel was out today saying "Europe needs a strong Germany, it is desirable to get a government in place quickly". Germany still has not formed a government since she won the election but short of a majority.
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- Written by Helmholtz Watson
- Category: Forex
Goldman Sachs $GS is partnering with the Chinese Sovereign Wealth Fund China Investment Corporation (CIC ) to invest $5 billion in American manufacturing WSJ is reporting via sources.
