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Forex Market News

Bitconnect shuts down exchange, stops lending too

Jan 17 2018 15:11:14 Jonathan Smith in Market

 Bitconnect, a company offering cryptocurrency trading and lending, said it is shutting down its operations. Read more

As China plans another clampdown on crypto trading, Bitcoin falls below $10 000

Jan 17 2018 14:30:56 Jonathan Smith in Market

The Chinese government is planning another clampdown on trading in cryptocurrencies, according to reports of Bloomberg. Read more

South Korea still on the fence about cryptocurrency trading ban, rattles markets

Jan 12 2018 15:07:49 Jonathan Smith in Market

 The South Korean saga with the possible ban on cryptocurrency exchanges and trading in the second largest (by volume) market in the world continues and apparently the government is still on the fence on the matter. Read more

Kodak enters cryptocurrency world with ICO of KODAKCoin

Jan 10 2018 14:50:29 Jonathan Smith in Market

Kodak, still known for its sginificant contributions to photography and film, announced it is venturing into cryptocurrency territory with the launch of the cryptocurrency KODAKCoin and the image rights management platform KODAKOne, in partnership with WENN Digital. Read more

Italy’s CONSOB warns of The Bitcoin Code

Jan 08 2018 15:12:48 Jonathan Smith in Market

 Italy’s financial markets regulator CONSOB has issued a warning against The Bitcoin Code binary options trading robot.    According to the announcement, the activity carried out through the websites thebitcoinscode.com/it/, the-bitcoin-code.com, thebitcoincode. Read more

Japan’s DMM Group launches DMM Bitcoin exchange

Jan 05 2018 14:42:08 Jonathan Smith in Market

 Japan’s online entertainment and e-commerce giant DMM Group announced it is launching a cryptocurrency exchange called DMM Bitcoin on January 10 and is accepting clients from the following day. Read more

Forex

Let’s get Technical: A Closer Look at the top 5 Technical Analysis Tools

Jan 03 2018 15:39:12 Stanimir Zhelev in Market

It’s no secret that a trader’s success relies on the effectiveness of his trading strategy. In order to compose a solid trading strategy, it’s imperative that a trader uses widespread information from both technical and fundamental analysis. Read more

Egypt’s Grand Mufti: Bitcoin is forbidden in Sharia law

Jan 03 2018 14:57:02 Jonathan Smith in Market

 Egypt’s Grand Mufti Sheik Shawki Allam has issued a fatwa against trading in cryptocurrencies. Read more

Huobi targets Japan, South Korea

Jan 02 2018 14:35:31 Jonathan Smith in Market

 Huobi, which was one of China’s largest cryptocurrency exchanges before the authorities shut down the platforms, is moving its business to Japan and South Korea, which are among the largest global cryptocurrency markets, reports CCN. Read more

UK’s FCA warns GalaFX, CryptoBrain are clones

Jan 02 2018 13:51:50 Jonathan Smith in Market

 UK’s Financial Conduct Authority (FCA) has issued a warning against two clones of FCA-registered companies: GalaFX and CryptoBrain. The first one is GalaFX – a forex broker, apparently targeting Turkish traders. Read more

Spain’s CNMV warns of Trade12 forex broker, Binomo binary options broker

Dec 29 2017 15:12:17 Jonathan Smith in Market

 Spain’s financial markets and services regulator CNMV has issued warnings against two unregulated offshore entities: the forex broker Trade12 and the Binomo binary options broker. According to CNMV, neither of them is authorized to provide investment services or advice in Spain. Read more

South Korea to ban anonymous cryptocurrency trading, allow regulators to close exchanges

Dec 28 2017 15:24:49 Jonathan Smith in Market

 The South Korean government has taken new measures to curb the speculative trading on cryptocurrency exchanges, reports Reuters. They will include a ban on opening of anonymous cryptocurrency trading accounts and new laws that will allow regulators to close cryptocurrency exchanges, if needed. Read more

FINMA warns of World Trade Capital, Swiss Assets FX forex brokers

Dec 22 2017 15:33:47 Jonathan Smith in Market

 The Switzerland financial markets and service providers regulator FINMA has added two more forex brokers to its warning list of unlicensed entities: World Trade Capital and Swiss Assets FX. Read more

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