Latest Forex News

Wyre buys 100% stake in smart contract developer
07 September, 2018 18:01

Wyre buys 100% stake in smart contract developer

Wyre company focusing on payment solutions has reportedly acquired the smart-contract developer. As Wyre stated in its blog, with this agreement they will be able to expand services offered to crypto market players. For reference, the company offers services for cross-border crypto payments (bitcoin, Ethereum, Litecoin, etc).

Australian crypto exchanges to face financial market regulation
07 September, 2018 16:08

Australian crypto exchanges to face financial market regulation

The Australian regulator announced a new strategy for the crypto exchanges and ICO. Australia's Securities and Investment Commission has published a number of areas to focus on during 2018-2022 as the corporate plan reads. According to the document, the authority will give an eye to threats of such new products, as digital coins and ICO.

US dollar trims gains at week-end
07 September, 2018 13:59

US dollar trims gains at week-end

The US dollar has slightly lost positions vs the majors at the end of the week. Everyone in the market wants to see whether Trump eventually launches new duties on Chinese imports. The US Dollar index has decreased to 94.89 by the mid-day. The US dollar-to-yen exchange rate decreased to 110.75 and stays stable so far.

Grayscale Investments announces Zen investment trust
07 September, 2018 12:33

Grayscale Investments announces Zen investment trust

Grayscale Investments dealing with crypto asset management inaugurated the ZEN investment trust that will provide services to accredited investors. According to the news reports, the new project will obviously accept only Zencash (ZEN). This coin features high privacy. It is worth mentioning that ZEN Trust is not the pioneer among the single-asset investment trusts of Grayscale.

US Coinbase rumoured to consider bitcoin-ETF
07 September, 2018 11:47

US Coinbase rumoured to consider bitcoin-ETF

The key US-based crypto exchange – Coinbase – is reportedly considering possible adding of bitcoin-ETF.  For that purpose, the company asked for consultations from BlackRock. Specifically, they plan to benefit from the experience of BlackRock's crypto team that was created last summer. 

Selloffs push cryptos down, bitcoin below $6,500
06 September, 2018 17:41

Selloffs push cryptos down, bitcoin below $6,500

Prices for digital coins weakened in the second half of the week facing persisting selloffs.  On the Bitfinex, the leading coin decreased to some $6,481. For reference, bitcoin touched $6,366 just recently. Ethereum on this platform also decreased sliding to $229.  As for Ripple and Litecoin, quotes collapsed to 0.28970 and 56.230 respectively.

Bitmain said to apply AsicBoost for better mining performance
06 September, 2018 16:08

Bitmain said to apply AsicBoost for better mining performance

One of the mining divisions of China's Bitmain – AntPool – is probably boosted bitcoin mining performance via AsicBoost.  AsicBoost method is believed to be quite controversial: mining hikes by 20%, but many industry experts think that it affects the network of digital coin, as the news reports read.

Winklevoss twins target new patent for crypto storage
06 September, 2018 14:43

Winklevoss twins target new patent for crypto storage

The owners of the crypto exchange Gemini, the Winklevoss twins have reportedly filed a patent application for systems and methods for securely storing digital assets. The document was released by the US Patent and Trademarks Agency this week. Cameron and Tyler Winklevoss strive to register the new method which will help to generate numerous...

Coinbase expands GBP trading
06 September, 2018 12:04

Coinbase expands GBP trading

US-based Coinbase will expand the list of GBP trading pairs beginning from September 7. According to the company blog post, with these measures GBP will be traded not only vs bitcoin, but also Ethereum, Bitcoin Cash, Ethereum Classic and Litecoin.

TransferGo announces Ripple-based payments to India
06 September, 2018 10:43

TransferGo announces Ripple-based payments to India

TransferGo payment service launches Ripple-based transaction corridor to India. The technology will enable the company to make real-time payments. As the company mentioned, the payments will be available in Europe and Ripple solution will become a good alternative to the existing quite slow methods, including Swift, which requires 2-3 days for a transaction.

ShapeShift revises business model
05 September, 2018 15:19

ShapeShift revises business model

ShapeShift exchange has offered a new membership system.  The company stated in its statement that the new membership will become mandatory in the future. The system represents a loyalty programme, which will enable users to enjoy a set of fruits, but not for free – they will have to provide their personal data. In the other words, the platform gives up the no-account business model.

Trade tensions bolster US dollar
05 September, 2018 13:41

Trade tensions bolster US dollar

The US dollar remains near the weekly peeks vs the majors in the middle of the week benefiting from good demand driven by persisting trade tensions among other reasons. The US Dollar index rose to 95.47 in the course of the day, coming closer to the week-and-half peak of 95.68. The euro has lost grounds against the US dollar staying at some 1.1577.