CBS News just reported that the carbon dioxide released in our atmosphere from bitcoin mining operations is comparable to the one released by major cities such as Hamburg or Las Vegas. According to a study by MIT and Technical University of Munich, which sought to examine how much power is needed for mining bitcoin and…
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Donald Trump, the current US President, has left the tariff deadline on $325 billion worth of Chinese goods "open". He was supposed to set a deadline on Wednesday, but he did not, calling the current relationship with Beijing good and at the same time "testy". The information comes from Japan Times. Currently, the relationship between…
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Huawei has now considered a "national security threat", as the Chairman of the Federal Communications Commission (FCC), Mr. Ajit Pa, proposed a ban on funds flowing from the Universal Service Fund to using services or products that may threaten the national security. The Chinese giant was identified as such a national threat in March 2019, and…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 13, 2019. The text below is an excerpt and does not contain the full analysis. Going from local to global has been the norm throughout history but crypto has changed that in a very…
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Deutsche Börse announced earlier today that the transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, Barclays (LON:BARC), has joined EurexOTC Clear to support Eurex in expanding its distribution network in the U.S. Barclays is now the first European bank to offer Eurex’s OTC…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 13, 2019. See details below: FOREX The Yen, widely seen as a refuge asset during uncertain times, is becoming the star performer among the top currencies, already up by 0.2% on the day to the US Dollar. This can be…
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Bitcoin enthusiasts received an emotional lift today, as Bitcoin briefly tested its upper ranging boundary of $8,200. It has been locked in a tight $600 zone for a week from $7,500 to $8,100, displaying exhaustion and an apparent inability regain momentum from its previous bull run. Traders are beginning to lose patience, while analysts counsel…
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Dubai International Financial Centre Authority (DIFC Authority) announced today that its Board of Directors has issued the Investment Cell Company (ICC) Regulations, which came into force on 1 May 2019. Insurers and Fund Managers will be able to use an Incorporated Cell Company (ICC) formed under the new ICC Regulations for conducting their respective fund…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 13, 2019. EURUSD The euro closed lower on Wednesday, dropping to 1.1292(-37 pips) against the greenback. The pair has now retraced completely its weekly gains, as the Dollar strengthened across the board despite weaker-than-expected US inflation…
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AlgoTrader AG just informed that Phillip Securities Japan Ltd., a Tokyo-based broker with membership in TSE, OSE and TOCOM has integrated the AlgoTrader algorithmic trading solution for trading index futures with its newly launched futures dark pool. Phillip Securities consulted AlgoTrader to meet their desire for custom execution algos for Japanese futures trading on the…
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