Earlier in the month, Bitfury, one of the world’s largest manufacturers and designers of ASIC bitcoin chips raised eyebrows when it was announced that the…
Posts published in June 2014
Carney Suggests Interest Rates May Rise Soon, GBP Jumps
The Great Britain pound soared today, reaching the strongest rate since November 2012 versus the euro, with help of very hawkish comments from Bank of England Governor Mark Carney. The Governor…
During another eventful week in the Forex Nation, retail brokers continue to report recovering monthly trading volumes, while a series of key appointments signal a…
Exclusive: BT Deal with Forexware Imminent amid Potential Ownership Irregularities, CFH Group Makes a Statement
As previous reports by Forex Magnates stated, sources connected to the market have been talking about a for the current CEO George Popescu’s controlling stake…
Loonie Experiences Mixed Trading Day
The Canadian dollar had a mixed trading session today as fundamentals were confusing and did not give a clear direction for the currency to go. Over the longer term, the loonie still maintains its bullish…
Bloomberg may add Litecoin, Dogecoin
A user of the Bloomberg Professional Service the following inquiry to their support: “Please add Litecoin (LTC) to the VCCY screen. Perhaps Dogecoin in the…
Dollar Falls vs. Major Peers as US Data Disappoints
The US dollar dropped today as most of economic reports that came out from the United States were rather poor, making market participants question if the US economy is ready…
Social trading broker, eToro, continues to take steps to migrate its operations to its UK entity. Last month it was reported that the firm appointed…
One of the knocks about the savings experiencing online bitcoin payments is that it has no effect on consumers. For nearly all products available for…
As if on cue, a group of businesses in Isle of Man are for Bitcoin businesses. This immediately follows from financial authorities on their intent…