Weekly Analysis | Greenback’s price action | Powell’s testimony | Brexit negotiations

USD- Powell’s recent testimonies bring interest rate differentials and monetary policy in favor of the U.S dollar The Greenback’s price action this week is that it was lifted by Fed Chair Powell but then it was brought low by the U.S President Trump. The Greenback initially had a good run when it began to trade higher ahead of the Fed …

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Seiko Noda denies involvement in Crypto Investigation | Yuan falls | PBOC weakens

Japan’s internal affair minister Seiko Noda denies her involvement in Crypto related investigation The local news outlet Asahi Shimbun reported that Japan’s internal affairs minister Seiko Noda has denied her involvement in the investigation, in the operation of a non-registered cryptocurrency exchange. Earlier in January, Financial Service Agency had suspected a Tokyo based company operating a non-registered cryptocurrency exchange violating …

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Bitcoin biggest 3 day rally | Binance opens a new community coin round

Bitcoin records its biggest 3-day rally, Coinbase says it never received an endorsement from the U.S. Securities and Exchange Commission Bitcoin climbed $7500 this week recording its biggest three-day rally this year. Bitcoin is trading down by 1.9% in the last 24 hours. Ethereum which is considered to be the second largest currency lost 6.5% on the Bitifinex exchange and …

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Crypto continues to rise | Stellar becomes the first certified Blockchain

Cryptocurrency prices exceed their gains The price of cryptocurrency exceeds its gain and Bitcoin has pushed the price level of $7000 for the first time ever since June. Bitcoin has gained up to 9.7% in the last 24 hours and Ethereum the second largest cryptocurrency has gained 5.1% on the Bitifinex exchange. Ripple has also gone up by 6.7% and …

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Powell’s testimony | SCMP report | BOE’s Carney Speech

Dollar rises before Powell’s testimony The dollar rises slightly against the major currencies, as investors awaited Federal Reserve Chairman Jerome Powell’s testimony as the U.S. interest rate rises. Masafumi Yamamoto, the chief currency strategist at Mizuho Securities said that market seems to focus on whether or not the trade war between U.S. and China will affect the outlook for the …

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Bitcoin rises | Bithumb enters Japan | Trump’s advice on Brexit

South Korea’s Bithumb enters Japan Bitcoin and the other major cryptocurrencies rise. Reports also say that South Korea’s largest crypto exchange Bithumb is likely to expand into Japan and Thailand. Bitcoin has gained 1.6% in the last 24 hours, Ethereum the second largest cryptocurrency has gained 3.2% and Litecoin has climbed by 1.9%. During the weekend Bithumb announced that it …

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Bank Of Japan To Tighten The Monetary Policy | US Dollar Set Off Upside For The Week | Bitcoin Cash Broke Through The Day’s First Major Resistance Level

USD/JPY Weekly Price Forecast – US dollar explodes to upside for the week In the last weeks market of USD/JPY, it is understood that Japan is starting to effect on the Japanese and overall, because of the inverted yield curve. it is very unusual that the Bank of Japan is willing to tighten monetary policy at any time soon, due …

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Cryptocurrency purchase banned | International alliance J5 | UoM Consumer Sentiment

Purchasing cryptocurrency with mortgage loan banned & the International alliance J5 The Australian Bank of Queensland has banned the purchase and trading of cryptocurrency using mortgage loan because of the high volatility. Any loan purpose that involves the acquisition of or usage of cryptocurrency is unacceptable says the Australian Financial Review newspaper. It is also seen that the Australian government …

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Bitcoin edges low | Japan’s top Forex diplomat reappointed | Inflation Pressure

Bitcoin edges lower: U.S develops a new task force to investigate cryptocurrencies U.S president Donald Trump ordered the U.S Attorney General to develop a Department of Justice task force to investigate the crimes involved in cryptocurrencies, as a result, Bitcoin edged lower today. Ethereum the world’s second largest cryptocurrency fell by 0.9% on the Bitifinex exchange and Ripple also fell …

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Bitreon.cash launched; Strong U.S Inflation; USD/JPY Price Forecast

Bitreon.cash launched to enable cryptocurrency payments Patreon a platform designed in 2013 by Jack Conte and Sam Yam provide users with business tools, over the years this service had become popular and is used by many cryptocurrency luminaries today. Patreon, however, has its downfall as is does not allow bitcoin payments, thus the Bitreon.cash is being launched, which enables cryptocurrency …

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