Another Sign Of Cryptocurrency Regulations?

The noose of regulation seems to be closing around the Medusa’s head-like neck of cryptocurrencies. After months of monitoring by various agencies, the financial services panel of the Senate will meet top market regulators early in February to discuss bitcoin and other cryptocurrencies, as well as the possible risks their trading poses, Reuters reported Wednesday. Citing… Please follow and like us:

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Ever-volatile bitcoin is embraced by Wall Street

Bitcoin’s stratospheric rise this week follows the digital currency’s embrace by mainstream trading platforms and is seen by some in finance as normal growing pains often experienced by innovative technologies. After starting the year at around $1,000, bitcoin, which first appeared in 2008, on Wednesday surged as high as $11,434 before promptly falling 15 percent. Near… Please follow and like us:

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Oil futures on the horizon

Employees work at Qingdao Dongjiakou Port, which is one of China’s largest ports for crude oil transit and storage. [Zhang Jingang/for China Daily] New segment will likely stabilize prices and improve efficiency China, the world’s largest crude importer, is moving swiftly toward the introduction of oil futures. The Shanghai International Energy Trading Center, a subsidiary of… Please follow and like us:

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Decentralization bitcoin’s Achilles’ heel

Trading volume on China’s major Bitcoin exchanges has plunged in the past week, since authorities tightened regulation of the digital currency. [Photo/VCG] THE PRICE OF THE DIGITAL CURRENCY BITCOIN hit $4,045 on Sunday, almost 3.23 times its exchange value early this year. Economic Information Daily commented on Monday: Over the past three weeks bitcoin, which was… Please follow and like us:

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Gold increased 1.89 USD/t oz. or 0.15%

Chart | Calendar | TRADE NOW | GOLD Gold increased 1.89 USD/t oz. or 0.15% Gold| Data | Chart | Calendar | Forecast | News BUZ INVESTORS Gold increased 1.89 USD/t oz. or 0.15% to 1,261.44 on Tuesday May 23 from 1,260.06 in the previous trading session. Historically, Gold reached an all time high of 1898.25… Please follow and like us:

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ETFs Breach $4 Trillion AUM Mark

ETFGI reports assets invested in ETFs/ETPs listed globally break through the 4 trillion US dollar milestone at the end of April 2017 LONDON — May 10, 2017 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs/ETPs listed globally broke through the US$4… Please follow and like us:

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