Coinbase its USD Wallets, which allow users to send and store dollars with Coinbase. When purchasing some bitcoin, users will then not have to wait…
Posts published in December 2014
US Dollar Expected to Strengthen on Currency Wars
It looks as though another round of currency wars is expected from central banks as countries try to stimulate their economies by weakening their currencies. One of the exceptions to this move, though,…
Euro Trades Mixed After Producer Prices Data
Once again, economic data out of the eurozone is causing concern for Forex traders and investors. However, the disruption isn’t as widespread as some might think. Rather than trading down across the board,…
Tradimo Adds a Wikipedia for Traders Widget to the Tradable Platform
With the number of novice traders in the forex market ever-increasing, they are facing the need to obtain more information about certain terminology on a…
Updated: HSBC Closes Account of Jersey-Based Bitcoin Hedge Fund, Island’s Banking Policies a Pain Point
that HSBC has closed the bank account of the Jersey-based Global Advisors Bitcoin Investment (GABI) fund. Run by the Global Advisors hedge fund, it is…
MasterCard at Australia Senate Inquiry: Bitcoin Needs Transparency, Licensing and Consumer Protections
MasterCard made a to Australia’s Senate Economics Committee for the ongoing inquiry into digital currencies. In it, MasterCard Australasia’s Division President, Eddie Grabler, expressed concern over…
GMO Click Securities Releases November Metrics, FX Volumes Flat MoM
Japanese Brokerage GMO CLICK Securities has posted its monthly metrics ending in November 2014, underscored by a slight decline of less than 1% month-over-month in…
Deciphering Big Data
With regards to news sentiment and specifically big data and user insight there are two areas of interest to someone trying to understand: By measuring…
Aussie Rises for Second Day, Gets Help from Fundamentals
The Australian dollar rallied today, rising for the second consecutive trading session. The currency advanced as the central bank left interest rates unchanged while macroeconomic indicators exceeded economists’ expectations. The RBA kept…
Yen Gains, Under Pressure from Credit Rating Downgrade
The Japanese yen rallied yesterday and maintained its gains today. The currency was under pressure after Moody’s Investor Service decided to cut Japan’s credit rating on Monday. The yen remained soft…