The Libra investigation is going with full force, it seems. Back in July 2019, the Financial Services Committee declared how serious the investigation for the Facebook's project is going to be. One member of the FSC that stood out with serious determination to do the job was Maxine Waters. The Congresswoman accentuated that, according to…
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John McAfee is probably the most ardent Bitcoin enthusiast. Now, news emerged that the Bitcoin bull will support the Zombie Coin project, and not only that, but write its white paper. The zombie ICO is a rather hilarious project that is managed by China Zombie, which wants to teach zombies how to use alt coins.…
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The Australian Securities Exchange (ASX) announced today that it has teamed up with distributed ledger technology (DLT) specialist Digital Asset (DA) and VMware. The exchange has signed a three-party memorandum of understanding (MoU) to work together with the other two companies on DLT initiatives in Australia and New Zealand. This will include the development of…
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Suddenly, Bitcoin “watching” has become boring. There had been some expectations that this weekend might bring a groundswell of support, based on a contentious G7 meeting and the fact that S&P futures were in the toilet, due to tariff wars, but such was not the case. Yes, Bitcoin jumped up on Friday in anticipation of…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for August 26, 2019. See details below: GOLD Gold has jumped to a fresh 6-year-high of $1,555 in the first few hours of this week, before settling around to $1,530. This new bullish rally is confirming the huge appeal of bullion and…
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As a stablecoin, Tether has clout in the market, as it should since it is by far the largest version of this “special use” type of token. The “USDT” reportedly has reserves to the tune of $3.5 to $4 billion, many multiples higher than its closest competitor. Skeptics have accused its management team of cavalierly…
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What a difference a week makes, or does not make in the case of Bitcoin’s progress toward a new All-Time-High (ATH). Based on favorable news about the launch of the Bakkt exchange in late September, BTC buyers were numerous at the start of the week, driving prices up to strong resistance at $11,000, only to…
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Moscow Exchange (MOEX) has today released its financial results for Q2 2019. Highlights include: Fee and commission income was up 10.7% to RUB 6,561.8 mln on the back of strong performance of nearly all markets. Net interest income (NII) increased by 9.4%. Net Income was RUB 5,902.6 mln, up 21.3%. Exceptional performance of the Bond…
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The Financial Markets Authority (FMA) has recently added two more names to its list of unregulated firms. The latest additions are the companies Profitix and Enigma GRC Limited and Dang Kang International Group. Profltlx and Enigma GRC Limited as both entities are not listed on the FSPR and are not incorporated in New Zealand. Dang…
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Crypto advocates in India were given a sliver of hope that a crypto ban instituted by the Reserve Bank of India (RBI) and contained in a draft proposal from an inter-ministerial committee dominated by the RBI may be ruled unconstitutional. The RBI had jumped the gun in mid-2018 by prohibiting its banking members from having…
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