Heroes of Ukraine

«Market Leader» - news and previews making you rich.

Saturday, 20 October 16:33 (GMT -05:00)



Foreign exchange market

Bitcoin Goes Higher and Higher

Bitcoin Goes Higher and Higher
Bitcoin has been extremely volatile and setting new all-time highs one after another over the last few weeks. It’s getting harder and harder to track the BTC exchange rate since the price ups and downs are frequent and rapid. What’s the reason behind this roller coaster?

 

 

 

 

 

The most recent roller coaster started last week after the BTC exchange rate exceeded the 10K USD/BTC threshold. Experts name 2 major reasons for the price fever around the psychological level. Firstly, it’s all about the magic of numbers. The thing is that after the price exceeded the 10K threshold, international experts slit in half over the future of Bitcoin. While some of them think this is a good springboard for future price hikes (the cryptocurrency quickly broke through 8K and 9K USD/BTC), the others believe that this psychological level will finally show international investors that all of that is another price bubble which is about to burst, FortFS reports.

The second reason behind this Bitcoin drama boils down to the fact that Bitcoin has been really sensitive about related news. For instance, should The Telegraph have released a press release about tougher control over cryptocurrencies coming from the British financial regulators, Bitcoin instantly crashed by around $1000 at a time.
 

 

A couple of days before, Bitcoin retraced only to start another strong rally instantly after the SEC approved Bitcoin futures (the first trading session are expected to take place on CME and CBOE Futures Exchange on December 18th). However, international experts are also divided over BTC futures. While some of them expect big-scale institutional investors to join in and push BTC even higher, the others expect those big-scale players to short BTC with the help of those futures, which will bring down the BTC exchange rate. At the same time, there emerged first Bitcoin billionaires – The Winklevoss twins.

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

The Impossible Is Possible: Hackers Rob Zaif Crypto Exchange

The Japanese cryptocurrency exchange named Zaif, which claims to be super secure, has been attacked by hackers. They managed to steal quite a big amount of money.

Publication date: 15 October 08:59 AM

Bitcoin Will Yield Its Leadership to Ethereum, Weiss Says

Weiss Ratings, a provider of forecasts and reports on financial assets, including stocks ETFs, and cryptocurrencies, has recently released a controversial forecast.

Publication date: 11 October 11:46 AM

Crude Oil Is Getting Ready To Test $100/b

International expert say that there is a really high probability of crude oil starting another rally to test $100/b. After a major drop down to $40/b that started in 2014, crude oil has been continuously trying to regain the lost ground. Since then, the price has doubled. At this point, Brent oil costs $85/b. Yet, this is not the limit, or at least it seems so right now. 

Publication date: 11 October 10:40 AM

FortFS Introduces Super 8,88% Cash Back

Publication date: 30 September 05:22 AM

Bitcoin Prospects From Investors' Standpoint

The latest events taking place in the international market of cryptocurrencies seem to be making international traders and investors doubt the future behavior of digital currencies. With that being said, they are trying to be cautious about their predictions related to cryptocurrencies.

Publication date: 20 September 12:08 PM

Masterforex-V Academy Names World's Best Forex Brokers

There are quite a lot of FOrex brokers out there, which is why even FX experts may have a hard time finding one of the best representatives of the FX industry.

Publication date: 15 September 10:43 AM

China's Central Bank Wants to Legalize Cryptocurrencies

The People's Bank of China is currently seeking expert advice regarding turning cryptocurrencies into legal financial asset and payment means in China. According to some financial experts from China, the Chinese authorities have been showing keen interest in blockchain-based technologies, ICOs, and digital currencies. However, they have been cautious since they don't want the international community to know about it.

Publication date: 13 September 11:00 AM

Russian Forex Jurisdiction Gains Strength

After the summer break, investors are going back to business, refreshed and ready to go productive. Most of them see September as the beginning of a new life cycle in their career. its not accidental that an unprecedented event is planned by Alpari Forex. The Alpari office located in Saint Petersburg, Russia, will welcome Evgeniy Masharov, who is in charge of the Association of Forex Dealers. He is visiting Alpari Forex for the first time and planning to participate in a meeting with some of the Forex traders and investors registered in the Russian FX jurisdiction.

Publication date: 03 September 10:44 AM

Near-Term Bitcoin Prospects

Bitcoin has been feverish and going up and down in value, and the entire crypto-market has been following the world's first and biggest cryptocurrency.
 
Publication date: 21 August 11:14 AM

There's Nothing Wrong About Crypto-Market Downtrend, Ethereum Co-Founder Lubin Says

The ups and downs currently seen in the global market of digital currencies do not reflect the current state of affairs in the market, Joseph Lubin thinks. By the way, he is the founder of ConsenSys and a co-founder of Ethereum, the world's second-biggest cryptocurrency in terms of market cap. 

Publication date: 21 August 10:48 AM