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| Despite Bitcoin's 'Sell-Off' The Cryptocurrency Space Continues To Attract Investors Having soared to around $19,000 in mid December last year, the price of the digital currency had declined to around $7,000 by the start of this April. (Source: ... losses can be sustained should your timing be all awry, there is negative newsflow around the crypto space and/or particular digital currencies.
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| Regulator warns Chinese not to 'gamble' on yuan exchange rate China's forex regulator has warned residents and companies not to "gamble" on the yuan's exchange rate, as the currency's rapid appreciation raises concerns about its impact on Chinese exports. The warning from Wang Chunying, head of the international payments department at the State ...
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| Dollar pauses after rally, traders wary over global trade tensions The dollar last traded at 106.30 yen JPY=, after having risen more than 1.5 percent last week for its biggest weekly gain since September 2017. The U.S. currency had risen against the yen last week, helped by signs China and the United States were working behind the scenes to avoid a full-blown trade ...
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| Russia's Gazprombank to Test Cryptocurrency Transactions In Switzerland While Russian president Vladimir Putin initially expressed skepticism about bitcoin and the virtual currency market because they are unregulated and not backed by a central bank, he has since softened his stance in recognition of the ballooning market and demand. In fact, Russia plans to launch its ...
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