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Prepare For Volatility In The EUR/GBP Pairs

Oct. 12, 2020

European Union – United Kingdom Trade Negotiations Enter Final Act by Bogdan Giulvezan UK Prime Minister Boris Johnson has chosen October 15 as the deadline for striking a trade deal between the UK and the EU. The European Council meeting is also set to start on the same day and EU negotiators have pointed out […]

Bitcoin Gets a $50 Million Surprise Investment

Oct. 09, 2020

Mainstream Support For Bitcoin Grows by Bogdan Giulvezan Square, Inc., the company behind Cash App, just announced that it has purchased 4,709 Bitcoins, for a total value of $50 million (aggregate purchase price). The investment represents about 1% of Square’s total assets and is a big nod to Bitcoin and the crypto space in general. […]

Subdued Eurozone Inflation May Push the ECB to Act

Oct. 05, 2020

by Bogdan Giulvezan The Euro Is Under Pressure  Consumer prices stagnated and retail sales failed to impress across the Eurozone, facts that may work in conjunction with an increasing number of COVID-19 cases to keep Eurozone inflation subdued in the near future. The lack of consumer price increase may prompt the European Central Bank to […]

BitMEX Top Brass Arrested – Cryptos Tank

Oct. 02, 2020

by Bogdan Giulvezan Bitcoin and Top Cryptocurrencies Tumble The U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Department of Justice filed charges against BitMEX – one of the largest crypto-exchanges in the world – which resulted in a swift drop in Bitcoin’s price and $15 billion being wiped off the crypto market. The charges […]

EUR/USD Support Broken, Lower Territory Eyed

Sep. 28, 2020

by Bogdan Giulvezan The Greenback is Moving!  The US Dollar bulls have taken complete control, breaking support and threatening to take EUR/USD into lower territory. Currently trading around 1.1670, the pair is likely to continue going south, at least until profit-taking and bottom hunting come into play. The Euro’s outlook doesn’t look very bright, mostly […]

This Bitcoin ETF Will Drive Ownership

Sep. 25, 2020

By Bogdan Giulvezan First Bitcoin ETF to Launch Before End of 2020 For a long time now, Bitcoin advocates and cryptocurrency proponents in general, have been asking the question: When will a Bitcoin ETF finally emerge? It looks like we are on the brink of such a development but its launch will not come from […]

Pound Assaulted by Negative Rate Talks

Sep. 21, 2020

 COVID-19 Second Wave Fears Weigh On Pound UK Prime Minister Johnson decided to take a softer stance on Brexit negotiations and to compromise on the controversial Brexit bill. The news initially boosted the Pound, but the climb was soon erased by a Fed-powered US Dollar and the pair is now trading around 1.2860 after being […]

Demand For Network Space Drive Ethereum Higher

Sep. 18, 2020

By Bogdan Giulvezan Ethereum’s Getting Expensive to Move – Fees Spike as Uniswap Launches UNI Token Almost 1 million US Dollars in transaction fees were spent in less than one hour for moving ERC-20 tokens. It’s a new high for this type of fee, and it’s all due to the launch of Uniswap’s UNI token. […]

Another Turning Point For The U.S. Dollar

Sep. 14, 2020

Range-Bound Trading Ahead of FOMC Meetings and Funds Rate by Bogdan Giulvezan The never-ending tug of war between the Euro and the US Dollar is currently taking place around 1.1860, with the pair stuck in a range since the beginning of August. Price is testing a bullish trend line and although the Euro seems to […]

Will The ECB Issue A Digital Currency Soon?

Sep. 11, 2020

ECB President Lagarde – Bullish on Retail CBDCs By Bogdan Giulvezan Speaking Thursday at the Deutsche Bundesbank online conference on banking and payments in the digital world, ECB President Christine Lagarde said that “Introducing a digital euro would allow the Eurosystem to be at the cutting edge of innovation” but also mentioned that “Europe has […]