Cryptocurrency News – Page 20 – Forex Trading Signals

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 14/04/2023

It’s not every day that you come across a broker with a vision to make a positive impact beyond the world of finance. CedarFX, however, is changing that perception. The leading online broker has recently launched a revolutionary Eco Account option to its traders, making it the first-ever Eco-conscious broker to exist! Through their various account options, CedarFX is dedicated to helping traders reach higher by offering ultra-high leverage and low spreads. Traders can get…

Dan Tapiero: “$300,000 Forecast for Bitcoin Looks Conservative Right Now”

Cryptocurrency NewsBy 14/04/2023

The investor and manager of the crypto-currency fund announced his confidence in the growth of the first cryptocurrency to $300,000, and, quite possibly, to $500,000. Dan Tapiero, in a new interview with popular crypto trader and analyst Scott Melker, revealed that he named his investment crypto fund 10T as a sign of confidence in the growth of Bitcoin capitalization to $10 trillion. And he stressed that he still believes in his prediction: “In mid-2019, when…

Bloomberg: FTX May Use Lender Funds to Reopen Exchange

Cryptocurrency NewsBy 13/04/2023

Bloomberg reports that bankrupt cryptocurrency exchange FTX may use customer payout funds to restart its company. Sullivan & Cromwell attorney Andrew G. Dietderich told US Bankruptcy Judge John T. Dorsey that the exchange’s reopening is still under discussion. The company could also try to raise funding for a restart or scrap the entire concept, the lawyer added. In February, the law firm Sullivan & Cromwell billed FTX $13.5 million, including fees for analyzing “long-term options.”…

The Central Bank of Montenegro and Ripple have begun to create a state digital currency

Cryptocurrency NewsBy 12/04/2023

The Central Bank of Montenegro announced the signing of an agreement with the American company Ripple and the start of work on the formation of a strategy and the launch of a pilot program for testing the state digital currency. In a joint statement to the press, the project participants made it clear that the project is planned to be implemented in several stages, including determining the areas of practical application of the future asset…

WSJ: Binance.US is trying to find a bank for their customers’ cash

Cryptocurrency NewsBy 11/04/2023

The U.S. branch of cryptocurrency exchange Binance has struggled to find a bank to handle its customers’ funds. The Wall Street Journal writes about this, citing its sources. Previously, deposits were sent to either Signature Bank or Silvergate Capital. However, after both burst, the exchange is forced to look for a new banking partner. Binance.US uses at least one intermediary to hold funds, the sources say, adding that since the money is held by a…

Bloomberg: Bitcoin successfully passed liquidity stress test

Cryptocurrency NewsBy 10/04/2023

Bloomberg Intelligence analysts cited data on the growth of investor confidence in bitcoin: the first cryptocurrency successfully passed a liquidity stress test amid the US banking crisis. A study by Bloomberg Intelligence experts says that for the vast majority of crypto investors, bitcoin continues to be the underlying asset that hedges the main risks. The rate of growth in the market value of this asset in the first quarter of 2023 and the hashrate-based trust…

CedarFX – Trade with the First Eco-Conscious Broker

Cryptocurrency NewsBy 07/04/2023

The capitalization of tokenized gold exceeded $1 billion

Cryptocurrency NewsBy 06/04/2023

The total capitalization of tokens linked to the price of gold has reached $1.02 billion. There are two major players on the market, PAX Gold and Tether Gold, whose capitalization occupies a share of 99% of tokenized gold. Both tokens are options for stablecoins, however, their price is not pegged to fiat currency, but to the market value of gold. PAX Gold (PAXG) has a market capitalization of $523 million, while Tether Gold (XAUt) has…

Hedging, Scalping & News Trading – What Are They?

Cryptocurrency NewsBy 05/04/2023

Hedging, Scalping & News Trading – What Are They? These are commonly known strategies across the Forex and CFD trading markets, but what exactly are they? Here is a light guide for beginners who are interested in learning more about these trading techniques as well as, a brief introduction to technical and fundamental analysis. 1. Hedging To hedge, in trading, is to take an inverse position in an asset or trade that…

lon Musk’s lawyers demanded to reject a $258 billion lawsuit for promoting DOGE

Cryptocurrency NewsBy 04/04/2023

Lawyers for the Tesla and SpaceX CEO have demanded that a Manhattan federal court dismiss a $258 billion lawsuit filed against him last year by a DOGE investor. In June 2022, investor Keith Johnson accused Elon Musk of creating a fraudulent scheme using Dogecoin and falsely claiming that investments in DOGE are considered legal, although, according to the investor, this coin has no value . The plaintiff demanded damages and monetary compensation from the billionaire,…

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