Heroes of Ukraine

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

Saturday, 20 October 16:31 (GMT -05:00)



Foreign exchange market

Panic Around Winklevoss Brothers Hasn't Dropped Bitcoin Below $8000


For those of you who don't know, the SEC has recently declined the Winklevoss Brothers' requestto create an exchange-traded fund (ETF). Shortly after the news, some cryptocurrency investors started panicking. At the same time, some experts started predicting another downtrend in the global marketof cryptocurrencies in general and Bitcoin in particular. 
 
However, Bitcoin didn't show any strong reaction to the news and continued to move on and forward to new local highs. Some of you may wonder why did the marketshow almost no reaction to the SEC's decision to prevent the creation of the world's first exchange traded fund for Bitcoin? This could be a breakthrough in cryptocurrency investing. 
 
The point is, the twins are self-made billionaires and great investors only for most of those traders and investors out there while the SEC treats them differently. The SEC respects, forexample, the CBOE with its immense trading volumes – 50% of America's option trading and some 90% of America's index trading. 
 
it's interesting to note that the SEC considered the twins and CBOE's requests. While the former was rejected right off the bat, the decision on the latter is delayed until August. This decision is going to influence the entire crypto market. 
 
In the meantime, NordFXreports that Bitcoin is trading around 8215 USD/BTC.


 

 

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