February 11, 2020

The Number of Registered Crypto Exchanges Surpassed 300

Leave a Comment / Cryptocurrency / By John Marley

More than 300 crypto exchanges are registered in Australia, according to the government agency overseeing the crypto industry. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is the country’s financial intelligence agency and anti-money laundering regulator. This agency is regulating the crypto industry since April 2018. AUSTRAC is working hard to minimize the risks connected …

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The majority of Southeast Asian stock markets closed in red

Stocks in Asia Pacific and Investors

Leave a Comment / Stock Markets / By John Marley

On Tuesday, stocks in the Asia Pacific increased despite problems connected with coronavirus. Investors are monitoring the situation to learn more about the economic impact of the coronavirus outbreak. More than 1,000 died from the outbreak and thousands are undergoing treatment. In Hong Kong, the Hang Seng index achieved the best result among major markets …

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The influence of Post-Brexit Border Checks on the Economy

Leave a Comment / Economy / By John Marley

The U.K. decided to leave the European Union as a result of a referendum that dates back to 2016. It took a lot of time to finalize all the details. Finally, on January 31, the U.K. left the EU. However, this decision will have a long-lasting effect not only on the EU’s economy but on …

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Yen and Dollar in demand due to the coronavirus fears

Leave a Comment / Forex / By Selena Lopes

The U.S. dollar and the Japanese Yen are still in high demand, even though it has been weeks after the coronavirus outbreak. China is almost still in quarantine; its economy is plummeting down. The virus death toll reached 1,016, though it’s more contained now, with fewer new cases. However, this information does nothing to alleviate …

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The Effect of Crypto on the World Economy

Leave a Comment / Advance, Education / By John Marley

People from around the world have the opportunity to learn more about cryptocurrencies of their importance. Moreover, cryptocurrency made a significant influence on the general public and the economy. It is important to mention that many crypto influencers became role-models for many citizens. Crypto adoption is not an easy task. Nevertheless, the newer generation considers …

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Businessman analyzing data stock market in monitoring room on the data presented in the chart, forex trading graph.

GAIN Capital Recovers from Multi-Year Lows | Wibest Broker

Leave a Comment / Broker News / By John Marley

The largest forex broker in the US, GAIN Capital Holdings, Inc, gained aggregated trading volumes for the second consecutive time. Despite the recovery from a long-bearing low, volumes still failed to meet its 2019 equivalent this January. GAIN Capital’s client transactions totaled $161 billion, a 23 percent increase month-over-month since December 2019. Meanwhile, year-over-year numbers …

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Government Hacks Test American Trust | Wibest Broker

Leave a Comment / Technology / By John Marley

Increased focus on the US susceptibility to hacks bring foreign cyber attackers into the light. The National Counterintelligence and Security Center reported more foreign countries hacking into US intelligence agencies. Said hackers target the private sector and agencies indirectly involved with national security. As the world grows attached to the internet of things market, more …

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Stock Markets and Mainland Chinese Stocks

Leave a Comment / Stock Markets / By John Marley

This year the Chinese government had to extend the Lunar New Year holiday due to the coronavirus outbreak. Chinese officials-imposed travel restrictions to prevent the spread of this virus. Stock markets are struggling to deal with the coronavirus outbreak. On Monday, some of the factories reopened. However, many are expected to remain shut for a …

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China is preparing to open its businesses; Dollar hits high

Leave a Comment / Forex / By Selena Lopes

China was planning to open the businesses on Monday since the Lunar New Year holidays ended last week. But the coronavirus epidemic is still raging, with more than 40,600 people infected and 910 killed. The government advised people to stay home. However, some of the companies are preparing to open again. According to ANZ analysts, …

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Ukrainian Authorities are Ready to Embrace Crypto Mining

Leave a Comment / Cryptocurrency / By John Marley

The crypto industry is actively developing and countries step-by-step started to realize the importance of cryptocurrencies. Some former Soviet countries are also willing to embrace crypto-related businesses such as Ukraine. Last year, Ukraine adopted the law against money laundering in accordance with the latest Financial Actions Task Force recommendations. For the first time in history, …

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Daily Market Charts and Analysis February 11, 2020

Leave a Comment / Charts & Analysis / By John Marley

Here are the latest market charts and analysis for today. Check them out and know what’s happening in the market today. EURRUB The pair is trading in the red in recent sessions, with the Russian ruble gaining strength after previously declining against the euro. It now aims to hit levels below the 50-day moving average. …

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Day: February 11, 2020