On Wednesday there was a significant price move affecting the Japanese yen (JPY) during the early hours of the Asia trading day. CLS Group has confirmed those spot volume movement observations, based on its extensive data set. This was particularly prevalent across US dollar (USD) Japanese yen and Australian dollar (AUD) Japanese yen currency pairs.…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Safemarkets. Safemarkets is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…
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Occasionally small headlines that seem insignificant actually reveal much larger insights into what might be transpiring behind the scenes. Such may be the case after the government of a small country like Abkhazia pulled the plug on fifteen mining operations within their borders. This event, while apparently isolated, is indicative of growing pains within the…
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After announcing a successful year for its Cash market, Deutsche Börse has released December volumes for its Eurex stock exchange. It's been a successful month for Eurex, as the number of traded contracts were up 23%, reaching 174.6 million traded contracts compared to 142.4 million in 2017. European equity index derivatives increased by 38% from 69.8…
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Ten years ago on January 3, an anonymous figure dubbed Satoshi Nakamoto “mined”, or verified, the first block of transactions on the Bitcoin network. In the decade that followed, Bitcoin would face a litany of organized attacks, the price of the currency would collapse 4 times by upwards of 70%, and it would be subjected…
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Another day, another report of a hacking loss in the crypto world. Hacking compromises of crypto exchanges have become all too common, even in 2018 after the network has had some time to work through necessary security enhancements. A new report from Cyphertrace claims that “some $927 million had been stolen from cryptocurrency exchanges in…
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Fortnite is a popular online game that was released in 2017 and developed by Epic Games. It has garnered significant interest from gamers because of its high quality interface and overall appeal. Now, the merchandise store for the game has made Monero its exclusive cryptocurrency payment. The announcement was made on January 1, 2019. The…
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While the US State of Ohio may have become the first US state to accept cryptocurrencies for tax payments, New York is the first state to form a special cryptocurrency task force that will study how to define, user and regulate digital coins in the most suitable way. New York State Governor, Mr. Andrew Cuomo,…
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The Financial Services Agency (FSA), Japan’s regulatory watchdog, like many other oversight agencies around the world, is doing its level best to deal with digital currencies in an accommodative way without stifling innovation. The job is going to get tougher. According to an unnamed FSA staff member, the regulatory agency has received 190 cryptocurrency exchange…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 3, 2019. Highlights include: Apple Stock (NASDAQ:AAPL), Currencies Tank: Apple stocks fell 7% yesterday and are expected to open much lower today. This jeopardizes the entire market, as almost every investor in the world…
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