Cryptocurrencies archive news by date

Cryptocurrencies archive news by date

Cryptocurrencies latest news and history organized by date that contains 1000000+ news archives. Click here to read what world was saying about cryptocurrencies. The Australian Dollar seemed relatively unfazed by local inflation data as traders look ahead to the upcoming FOMC interest rate decision. A1 Payment, a subsidiary of A1 Telekom Austria, said Monday users can now make payments using cryptocurrencies including bitcoin, ether and dash on its cashless payments app. On its website, the firm said that regardless of the cryptocurrency used, payments would be converted to euros in real time so retailers would receive payment in fiat. The addition of cryptocurrencies to A1’s… Ray Dalio believes that a “capital war” between the US and China could have devastating implications on the dollar, which could potentially impact Bitcoin.

  • Bitcoin News Roundup for July 28, 2020
  • Litecoin short-term Price Analysis: 28 July
  • Developers Release Validator Launchpad for Ethereum 2.0 Final Testnet
  • Crypto hedge fund Tetras Capital known for shorting ETH is shutting down – report
  • $12B Advisory Group CEO: BTC is Safe Haven Asset Amid Political Tension
  • ChainLink’s (LINK) Hopes Might Lie With its Previous ATH around $5
  • A US citizen pleads guilty for operating an illegal Bitcoin ATM.
  • Bitfinex hackers moved about 2,550 BTC, as Bitcoin geared to $11K
  • Bitcoin’s (BTC) Renewed Dominance Puts a Dent on Altseason
  • Bitcoin Breakout Above $11K Should Lead to All-Time High: Analyst
  • Barter Trade (BART) Token Pre-Sale 100% Sold Out
  • Charles Hoskinson lays down August plans for Cardano (ADA)
  • Digital Bank Revolut Adding Support for Stellar (XLM)
  • 150K ETH ($47M) Already Sent to ETH 2.0 Testnet Validator Address
  • Market Analysis Report (28 Jul 2020)
  • Cryptocurrency Exchange BitHera Opens up for BHC STAKING PROGRAM
  • Litecoin price rises above $50 after 3 months
  • Bitcoin Price Touched $11,400, Altcoin Season Over?
  • LocalBitcoins further tightens compliance via Elliptic’s blockchain monitoring tools
  • Top Analyst Tone Vays Says Rapid Bitcoin (BTC) Rise to New All-Time Highs Likely If Crypto King Overcomes One Final Hurdle
  • P2P Exchange LocalBitcoins Adds Crypto Surveillance Tools From Elliptic
  • Swiss SIX Exchange Lists Actively Managed Bitcoin ETP
  • Wall Street Sees Massive Rally: Amazon and Apple Lead Tech Higher
  • Ethereum Correcting Gains But 100 SMA Could Trigger Fresh Increase
  • China’s BSN Aims to Integrate With 40 Public Chains Within a Year
  • Staking on Ethereum 2.0 Takes First Step With Test System for Validators
  • Bitcoin Price Managed to Rally Over $11,300, Reaching Its Year’s High
  • Republicans Unveil Second Round of COVID-19 Stimulus Plan, Final Decision by July 31
  • Bitcoin trading platforms note increase in trade volume, amid new Bitcoin run
  • Peer-to-peer crypto exchange LocalBitcoins adds two blockchain-tracing tools from analytics company Elliptic.
  • What to Expect from Bitcoin After Fed’s Two-Day Policy Meeting
  • Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria
  • Synthetix SNX Token Now Listed on OKEx
  • Firm Uses Ethereum to Tokenize Sustainable Infrastructure in Fight Against Climate Change
  • Bitcoin’s price peaked at $11,300. But is the rally over?
  • BitMEX CEO Feels Pity for Those Not Long Bitcoin After BTC Surges Above $11,400
  • Australian State Treasury Proposes ‘Flexible’ Regulatory Reform for Blockchain
  • USD, Global Stocks Appear Shaky While Bitcoin and Gold Soar; Decoupling at last?
  • GAVI Vaccine Alliance Says $40 Would Be Maximum Price for COVID-19 Vaccine
  • Israel’s Stock Exchange Launches Blockchain Platform for Securities Lending
  • When Bitcoin broke $11,000, Bakkt volumes set record high
  • What Is Bitcoin Cash and Way to Get It?
  • Nearly 1 Million BTC Held By Cybercriminals
  • Twitter ‘God Mode’ panel used to spy on Beyoncé before Bitcoin hack
  • Blockchain project Polkadot raises $43 million in a private token sale
  • ChainLink’s Hopes Might Lie With its Previous ATH around $5
  • Should Bitcoin Have Trading Halts or Circuit Breakers?
  • Maker becomes first DeFi platform to lock over $1 billion, but concerns remain
  • Bitcoin Will Hit $28K and Correct, Then Hit Six Figures — Max Keiser
  • How NEM Is Leading The Adoption Of Private Enterprise Blockchain Without Compromising The Decentralization Of Its Public Chain
  • Pfizer Reports Q2 Earnings Results amid Its Work on COVID-19 Vaccine, PFE Stock Up 2%
  • Former Greek finance minister: Bitcoin unfit to replace money
  • MRNA Stock Jumps 9% as Moderna Gets $472 Million for COVID-19 Vaccine Research
  • Beyond.Insure: Bringing Next-Gen Insurance Technology to the World
  • High Demand for U.S. IPO Listings Sets Bar High for Traditional Stock Market
  • Bitcoin Price Analysis: How High Can BTC Go After the $10K Breakout?
  • LocalBitcoins adopts Elliptics crypto monitoring tools to tighten against criminals
  • China’s Blockchain-based Service Network will integrate 40 public blockchains over the next 12 months.
  • The Graph gets closer to helping developers extract Ethereum data
  • These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k
  • Cardano, Monero, BAT Price Analysis: 28 July
  • Memories of London’s Devcon 1, Ethereum’s ‘Woodstock’ Moment
  • Trader Who Said Bitcoin Would Hit $3ks Isn’t Sure Ethereum Is Bullish
  • It’s Obvious Why Meghan’s New Book Is Irking Royals William & Kate
  • High ETH Fees are Bullish for Ethereum – Crypto Analyst
  • Ethereum Is Still King, but DeFi on Other Blockchains Is Gathering Steam
  • First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K
  • Man in Florida Got $3.9 Million in PPP Check and Purchases New Lamborghini
  • Blockchain audit service brings security to China’s blockchain industry
  • Bitcoin Futures Hit New Highs as BTC Price Taps 11-Month Peak
  • IOSG Ventures Teams Up With Avalanche Blockchain Network
  • Who are Ethereum’s co-founders and where are they now?
  • JP Morgan’s Latest Gold Warning Puts Bitcoin At Risk of Dipping Below $10K
  • One Billion, Two Billion, Three Billion, Four? DeFi’s Knocking on TradFi’s Door
  • Bitcoin Supply Profit Reaches New High As BTC Hits $11K
  • Mastercard Exec Accused of Money Laundering Cover-Up at Bank With Ties to Wirecard
  • Bakkt Reports Record Single-Day Volume for its Bitcoin Futures Market
  • Austrian A1 Telekom Announces Crypto Payments with Bitcoin, Ethereum and Dash
  • Hangzhou Encourages Enterprises to Actively Carry out the CBDC settlement Pilot
  • China’s TON Spin-Off Launches Testnet and Token Airdrop
  • Bitcoin Bears on the Prowl as BTC Options Hit All-Time High
  • Bitcoin and Ethereum Rise to New Yearly Highs
  • Ethereum Price Analysis: ETH Following Strong Uptrend Above $300
  • Bitcoin derivatives peak as users turn greedy
  • Open interest in CME bitcoin futures hits an all-time high of $724 million
  • Bitcoin Net Flow to Exchanges At 3-Month High
  • Popular Crypto Analyst Peter Brandt Says Bitcoin Pointing Towards All-Time High, XRP Could Follow
  • Bitcoin Price Can Hit $28K, Says Max Keiser, as BTC Crossed $11K Mark
  • Thailand Has Now Licensed 13 Cryptocurrency Service Providers
  • Bitcoin Cash Breaches 3-Month Resistance and Retains Support
  • Cellebrite Launches Crypto Tracer Solution to Track Illicit Transactions
  • Bitcoin Futures Volume Surges 186% as Price Hits $11K
  • GOOGL Stock Up 1.4%, Google to Build Undersea Cable between U.S. and Europe
  • Finalized Testnet for ETH 2.0 to Launch on August 4
  • Max Keiser predicts bitcoin is headed for six digits after a correction near $30,000.
  • Cardano (ADA) price dips despite confirmation of imminent Shelley hard fork
  • Ellen DeGeneres’ Toxic Workplace is Finally Under Investigation
  • Dow Teeters After 6th-Biggest Stock Sparks Fear of ‘K-Shaped’ Recovery
  • HEIDI Solves Modern Capitalism Problems
  • Why Bitcoin-Like Scarcity Would Be a Disaster for the Dollar
  • Tether (USDT) Flows to Exchanges at 8-Month High: Bitcoin FOMO Starting?
  • Synthetix Dissolves Foundation, Decentralizes into 3 DAOs
  • Crypto investment app Abra now offers interest-bearing accounts
  • Open the Floodgates: US Customers to See More Crypto Accessibility
  • Swiss Exchange Lists World’s First Active Bitcoin ETP
  • Tron (TRX) Price Analysis: Strong Surge Likely Above $0.02
  • Why 2020 Is the Year of Tether
  • Mati Greenspan’s Quantum Economics Partners With Major Indian Crypto Media Group CoinGape
  • Bitcoin and Ethereum Are Worth $3 Trillion Says Ark Invest
  • Ripple launches the P2P payment platform Payburner based on XRP.
  • With Bitcoin ATMs, CoinFlip Is Banking The Unbanked
  • One of the Largest Bitcoin Whales on Record Just Transferred $156,000,000 in Crypto
  • FiCAS Launches World’s First Actively Managed Bitcoin ETP on Swiss SIX Exchange
  • Fireblocks Claims Exchange Program Enables Zero-Confirmation Crypto Deposits
  • Mainframe’s Latest Blockchain Protocol Acquisition to Enable DeFi Bond System
  • CryptoGames: Delve into the glorious world of Online Gambling!
  • DeFi bonds enter the market as Mainframe acquires Sablier
  • Ethereum [ETH] Unaffected by Gas Limit Increase by Miners: Research
  • Bitcoin hacked from Bitfinex, worth $28 million, starts moving
  • Bitcoin Options Trading: The Best Choice For Three Types Of People
  • Is China Driving Bitcoin’s Rise?
  • Deribit Reports Daily Record $539M of Bitcoin Options Traded, More Than Double Prior High
  • Goldman Sachs boosts gold price target, says the U.S. dollar’s reserve status is at risk
  • Almost 95% of Bitcoin Supply Flips Profitable as BTC Price Hits $11.4K
  • Bitcoin retakes $200 billion market cap in sudden uptick
  • Americans Bitcoin investment to rise with stimulus fund
  • Bitcoin’s post-halving surge to $10,000 is not like the others
  • China and US Must Learn From One Another and Collaborate on CBDC
  • $27 Million Worth of Bitcoin From the 2016 Bitfinex Hack Were Mysteriously Moved
  • Can Cryptocurrency Be A Viable Option for Retail Business Use?
  • We Owe Megan Thee Stallion a Gigantic Apology
  • EU Outlines Tech Specs for Nodes in Its Blockchain Services Testnet
  • Bitcoin price breaks a key resistance line, next $13,800?
  • Is Bitcoin Mining Legal in India? Miners Still Don’t Know
  • DeFi protocol Synthetix is now being governed by a trio of DAOs
  • Digital Intelligence Firm Cellebrite Launches Crypto Tracing Tool Powered by CipherTrace
  • Tel Aviv Exchange Sets Launch Date for Blockchain Securities Platform
  • Litecoin [LTC] Joins The Party As Coin Surges By 15% In The Last 24 Hours
  • A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers
  • Expectations for Even Further Bitcoin Gains Keep Lid on Futures Contracts Liquidations
  • Ethereum Price Analysis: ETH Stalls Below $320 Following Bitcoin’s Recent Gains
  • Flashloans Rise to $150 Million a Day
  • XRP needs to rally over 1,500% to reach its all-time high of $3.50
  • Foundation Devices Enters The Sovereign Hardware Game With Passport Bitcoin Wallet
  • Lufthansa Booted Out of DAX Stock Index After 32 Years
  • Bitcoin Retakes $11k — Further Reinforcing Analysts Take That $20,000 Is In Sight
  • MIT Lightning Creator Unveils First ‘Demonstration’ of Bitcoin Scaling Tech
  • 89% of Bitcoin is profitable but miners are not taking the bait
  • CFTC Chair: ‘A Large Part’ of Financial System Could End Up in Blockchain Format
  • Bitcoin whale moves $156M as price breaches $11k level
  • Crypto Traders Discuss Bitcoin Price Direction After $11.4K BTC Rally
  • Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’ and Silvergate’s SEN Zen
  • Open Interest in Ether Futures Hits $1 Billion All-Time High
  • Of Course Meghan Markle & Prince Harry Ignored Charles’ Warning
  • Gold trading volumes surge on cryptocurrency markets
  • Marathon Patent closes stock offering for $6.9M in proceeds
  • Soaring DeFi Usage Drives Ethereum Contract Calls to New Record
  • Bitcoin’s Realized Price Action Shows Full Recovery From Black Thursday Crash
  • Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
  • Three Reasons Why Bitcoin [BTC] Bulls are Not Yet Tired
  • Bitcoin Bull Market Trends on Weibo
  • Cardano (ADA): Everything Need to Know About the Shelley Hard Fork
  • Stablecoin Adoption Skyrockets in Rural South Korean Province
  • Bitcoin Is on the Verge of Striking $11,000
  • Santander’s Ripple-Powered Payments Platform Hits Half a Billion Dollars in Volume
  • Analyst: Tesla Stock Could Crash 40% – But Don’t You Dare Short It
  • Did Kim Kardashian Shed Crocodile Tears at ‘Emotional’ Kanye Reunion?
  • Augur Launches v2 Improved Ecosystem While REP Prepares to Rebound
  • LocalBitcoins aims to root out illicit use of its Bitcoin exchange
  • Synthetix is now controlled by three DAOs
  • Cardano’s Shelley Hard Fork is Happening Tomorrow, No Interruption Expected
  • Coinfloor Is Riding A Bullish Bitcoin Wave With Baby Boomers
  • Goldman says dollar may lose reserve status. Is Bitcoin the answer?
  • Dorsey & Co Were Aware of Security Issues With Twitter Users Since 2015
  • Bitcoin’s Latest Rally May Have Staying Power, Exchange Flows Suggest
  • Eth2 researchers unveil validator ‘launchpad’ ahead of next month’s Medalla testnet launch
  • Blockchain Analysis Firm Chainalysis Launches Free Website for Tracking Crypto Markets
  • Proof-of-Stake Chains Team Up to Prove DeFi Is Bigger Than Ethereum
  • Ethereum Foundation releases testnet staking tool as ETH2 draws close
  • Bitcoin Cash, VeChain, Dogecoin Price Analysis: 28 July
  • Russia’s Central Bank Keeps Insisting That Crypto Is ‘Criminal’
  • Bitcoin’in Rallisi Başlamadan Bitti Mi?
  • Ripple’dan Milyonlarca XRP’lik Hareketlilik: XRP’ye Neler Oluyor?
  • Dev Banka Altın Fiyat Tahminini Yükseltti: Kemerleri Bağlayın
  • Bakkt Bitcoin Vadelilerinde Yeni Rekor Kırdı!
  • ABD’nin “Parası” Bitiyor: Dijital Dolar Gelebilir
  • Chromia Coin Nedir?
  • Ethereum Yatırımcılarını Endişelendiren Tehlike Artmaya Devam Ediyor
  • İlker Canikligil Ne Kadar Bitcoin’i Olduğunu Açıkladı
  • Yunanistan’ın Eski Maliye Bakanından Bitcoin Tahmini
  • CME Group’tan Yeni Bitcoin Rekoru
  • Bitcoin Bir Senede 10 Kat Kazandırır mı?
  • Bitcoin 28 Bin Dolara Çıkabilir mi? Max Keiser Yanıtladı
  • Binance Haberi Band Protocol (BAND) Fiyatını Harekete Geçirdi
  • Localbitcoins Yasa Dışı İşlem Takibinde Elliptic ile İşbirliği Yapacak
  • Bakkt’ın Bitcoin Vadelilerinde Yeni Bir Rekor!
  • Bitcoin Fiyatı Kaç Dolar Oldu, Yükselmeye Devam Edecek mi?
  • Here’s Why the Dow Failed to Escape from Its Rut Today
  • DeFi Reinvented the ICO, It Flopped: Assessing the IDO
  • Injective Protocol raises $2.6 million to fund work on decentralized derivatives exchange
  • Community Behind Privacy-Focused Smart Contract Forges Ahead After Settlement
  • Swiss Exchange SIX Lists Actively Managed Bitcoin Exchange-Traded Product
  • Ripple’s Japanese Partner SBI Sets Up Its Token Platform on Corda Blockchain
  • Ethereum Futures Hit $1 Billion As Forecasts Show Positive Interest in the Decentralized Platform
  • Tether Exchange Inflow Reached 8-Month High as Bitcoin Rallied to $11K
  • What Crypto Lender Celsius Isn’t Telling Its Depositors
  • Tel Aviv Stock Exchange (TASE) Launches Blockchain Based Platform for Securities Lending
  • Bitcoin Banking Breakthrough Is Bigger Deal Than Most in Crypto Industry Understand, Says Caitlin Long
  • Bit Farms Mining Firm Is Straddled with Tons of Debt
  • Ethereum long-term Price Analysis: 28 July
  • How Real Is Bitcoin’s Rally? 8 Interpretations of Bitcoin’s Massive Surge
  • The Housing Market Is Starting to Cool Down – and It Could Get Worse
  • Fed Extends Lending Measures as Market Fears Mount & Traders Party
  • Whales hold steady: On-exchange Bitcoin supply stagnates despite rally past $11k
  • The future of Robinhood’s crypto products is in doubt amid recent headwinds
  • ‘Rich Dad, Poor Dad’ Author Robert Kiyosaki Dumps Gold, Says He’s Now Loading Up On Bitcoin
  • Only 13 crypto exchanges provide ‘trusted’ trading volume: report
  • Market Wrap: Bitcoin’s Price and Ether’s Dominance Sit at 2020 Highs
  • Ethereum gas price and risks mainly driven by DeFi
  • Regulatory Clarity Leads to Surge in Institutional Crypto Investors
  • Grayscale AUM Surge $500M In A Week, Bitcoin Shares in the Lead
  • Illegal Bitcoin ATM operator in America plead guilty, to bag 30 years jail term
  • CMS Holdings co-founders say DeFi claimed trader attention before bitcoin’s volatility spike
  • Major Investment Bank Recommends Bitcoin Over Gold
  • AMFEIX Threatens Users Who Share Coverage That Criticizes the Company
  • Facebook’s Zuckerberg and Telegram’s Durov Posture as Defenders Against Foreign Tech Invasions
  • A trend of hackers demanding privacy-focused cryptocurrencies as payment may be forming
  • Bitcoin futures volume soars to $40 billion, highest since March crash
  • Bitcoin SV, Dash, Ethereum Classic Price Analysis: 28 July
  • How Grayscale Investments Sells Bitcoin to Financial Advisors
  • DeFi flash loans skyrocket to more than $130 million per day
  • Altcoins Are Falling, Giving BTC More Room to Grow
  • Mainstream People Coming to Bitcoin, Digital Assets Data CEO Says
  • EA’s New Multiplayer Game Rocket Arena Is a Total Failure
  • Tokens are equity in Internet-native businesses
  • Bulls Control Bitcoin Price Even as Funding Rates Reach Record Highs
  • Coinbase Sees More Institutional Investors Buying Bitcoin in H1
  • The new Augur promises to be faster and simpler — and denominated in dollars
  • Litecoin price rises above $55, what’s next?
  • 5 Years After Launch, Predictions Market Platform Augur Releases Version 2
  • Bitcoin Will Smash Through $100,000 on This Date, With Select Altcoins Set to Outpace BTC, Predicts Analyst Nicholas Merten
  • A fund manager’s three winners – if inflation takes off
  • $39M of Bitcoin Stolen in 2016 Bitfinex Hack Is on the Move
  • Crypto Chartbook: The Whys – Bitcoin $10,000
  • Bakkt Futures Volume Hits $122 million, as Bitcoin Reached New 11-Month High
  • Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
  • HEX Plasters UK with Ads Boasting of 11,500% Returns
  • Messari: DeFi Can Continue to Grow as ‘Useless’ Top 30 Coins Wither
  • Bitcoin Price Analysis: BTC/USD Reversal To $10,400 Impends Following Unsustainable Sharp Ascending Channel
  • Augur Deploys V2 Upgrade, Integrates Features From DeFi
  • Ethereum Overbought, ETH Bound for a Correction
  • Vitalik Says DeFi Users Are ‘Underestimating Smart Contract Risk’
  • Institutions Showing More Interest in Bitcoin Following BTC’s Price Surge, Says Digital Asset Data CEO
  • Ripple Price Forecast: XRP/USD New Bullish Setup Leaves Bitcoin and Ethereum In the Dust
  • Ethereum Price Creates GPU Shortage, Some Manufacturers Blame Nvidia
  • Cartesi Coin Nedir?
  • Source: coinprofitnews.com


    AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

    AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

    • The Australian Dollar initially dipped as inflation data showed the local economy had entered deflation in the second quarter of 2020.
    • Stalling commodity prices may weigh on regional risk assets as the GSCI commodity index struggles to break key resistance.

    The Australian Dollar slid lower after quarterly inflation data showed the Australian economy had fallen into deflation in the second quarter of 2020.

    Although exceeding market expectations of a 2% drop, the consumer price index (CPI) fell 1.9% in the three months through June, driven by a collapse in oil prices and supportive intervention from the government.

    The quarterly trimmed mean gauge declined 0.1% resulting in a yearly increase of 1.2%, undershooting expectations of a rise of 1.4%.

    This release should do little to sway the stance of the Reserve Bank of Australia as the central bank “determined that it would not increase the cash rate target until progress is made towards full employment and it is confident that inflation will be sustainably within the 2-3 percent target band”.

    AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

    AUD/USD daily chart created using TradingView

    The Reserve Bank of Australia’s stance on negative interest rates, rising commodity prices and successful suppression of the coronavirus outbreak locally served as major drivers of the trade-sensitive Australian Dollar’s rally to fresh yearly highs.

    However, case numbers have surged in Victoria, Australia’s second most populous state, forcing Premier Daniel Andrews to reimpose ‘stage-three’ lockdown restrictions on July 7.

    So far, these restrictions have failed to limit the spread of the highly infectious virus and may lead to an extension of the economically devastating restrictions, as Andrews flagged that if cases “continue to go up and up [a] six-week shutdown will not be for six weeks”.

    With current restrictions estimated to cost the local government $1 billion a week and the state accounting for “about a quarter of the national economy”, Treasurer Josh Frydenberg believes the inability to ‘flatten the curve’ of infections is a “serious impediment to the nation’s recovery, not just Victoria”.

    Therefore, regional investors should continue to monitor local health developments, with a potential extension of lockdown measures perhaps triggering a surge of risk aversion and weighing on the performance of the Australia dollar.

    AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

    Source – Covid19Data

    Furthermore, weakness seen in the Goldman Sachs Commodity Index (GSCI) could anchor regional risk assets as price struggles to break above key resistance.

    Granted, an explosive surge in precious metal prices seems to have steadied the ship for local equity investors, with gold climbing to fresh record highs and silver breaking above the $26/oz mark for the first time in seven years.

    However, the price of copper – known as a proxy for global growth – has notably stalled in recent days amid escalating tensions between the “Five Eyes” alliance and China which threaten to derail global trade relations.

    AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

    Data Source – Bloomberg

    With that in mind, traders may keep an eye on the performance of the GSCI index as it attempts to fill the March breakaway gap (346.80).

    Inability to do so could result in a sharp correction lower, potentially coinciding with a rapid discounting of the commodity-sensitive Australian Dollar and ASX 200 index.

    AUD/USD Rate Unfazed by Australia CPI with Fed Rate Decision on Tap

    S&P GSCI index created using TradingView

    Developments with China Continue to be Monitored

    Looking ahead, traders should continue to monitor developments between Australia and China, its largest trading partner, as vitriolic rhetoric could escalate into targeted tariff impositions.

    With Foreign Ministry spokesperson Wang Wenbin condemning the “wrong actions of Canada, Australia, and the UK in politicising juidicial cooperation with Hong Kong”, retaliatory escalation looks to be a likely outcome.

    To that end, a breakdown in trade relations could end the Australian Dollar’s tremendous 4-month rally and potentially trigger a period of sustained risk aversion.

    — Written by Daniel Moss, Analyst for DailyFX

    Follow me on Twitter @DanielGMoss

    Source: www.dailyfx.com

    Author: Daniel Moss


    A1 Payment, a subsidiary of A1 Telekom Austria announced that users can now make payments using cryptocurrencies including #Bitcoin , #Ethereum and #Dash

    A1 Payment, a subsidiary of A1 Telekom Austria announced that users can now make payments using cryptocurrencies including #Bitcoin , #Ethereum and #Dash

    A1 Payment, a subsidiary of A1 Telekom Austria, said Monday users can now make payments using cryptocurrencies including bitcoin, ether and dash on its cashless payments app.

  • On its website, the firm said that regardless of the cryptocurrency used, payments would be converted to euros in real time so retailers would receive payment in fiat.
  • The addition of cryptocurrencies to A1’s payment platform will enable about 2,500 merchants to accept digital currencies. The moves follows A1’s decision last year to integrate services WeChat Pay and AliPay onto its platform.
  • Partly controlled by the Austrian state, A1 Telekom had announced a trial of cryptocurrency payments in a pilot program last year. That announcement noted that industries with close contact with tourists and business travelers were hurt by a backlog in the acceptance of digital currencies as travelers couldn’t pay with BTC, AliPay or WeChat Pay.
  • According to Reuters, A1 Telekom’s revenue declined by  2.4% to 1.1 billion euros in Q2. The report also said the firm plans to cut some of its planned investments for the year, including investment in 5G.
  • A1 Payments did not……….
  • Please read Full story at:

    Source: www.dash.org


    How The US-China Capital War a Billionaire Warns Of Could Benefit Bitcoin

    How The US-China Capital War a Billionaire Warns Of Could Benefit Bitcoin

    Economist Ray Dalio is warning the world of a potential “capital war” brewing between the United States and China. He believes, that it could have devastating implications on the dollar, which could potentially impact Bitcoin.

    In such a scenario, how does a capital war between the two feuding global superpowers benefit the first-ever cryptocurrency?

    There are several ways that countries can go to war. There can be a war of words, sanction showdowns, and even outright military firepower. But there’s one not so obvious way that two countries can deal devastating financial blows to one another, that economic expert Ray Dalio is warning of.

    According to the billionaire investor, the ongoing tensions between the United States and China could soon erupt into a “capital war.”

    “There’s a trade war, there’s a technology war, there is a geopolitical war and there could be a capital war,” Dalio explained to Fox correspondents on an airing of Sunday Morning Futures.

    Since early 2019, the two countries have been embroiled in a trade war, that resulted in hard assets like gold and Bitcoin beginning to pick up pace. Investors who saw the writing on the wall, that a major economic shakeup was coming, began loading up on safe haven assets that year.

    A capital war would only escalate things further between two countries, and further fuel the uptrends that the precious metal and cryptocurrency have been on.

    Dalio says that the United States is acting as its own “worst enemy,” due to the ongoing money printing and mismanaged monetary policy. Deficits are skyrocketing by the trillions this year due to the pandemic relief efforts.

    He believes that if the United States and China get into a capital war where one forbids investments in the other region, it could have “big implications” for the dollar.

    Dalio further claims he’s worried about the “soundness” of money currently. The dollar is no longer sound money, and the Fed pledging to print another trillion at least as part of today’s stimulus package is proof.

    Bitcoin is as sound of money as it gets, hard-capped at just 21 million BTC to ever exist. Mathematical code keeps it that way, and no third-parties can intervene. It is for this very reason that Bitcoin could benefit enormously from a capital war.

    If one country prevents the other from investing in a portion of the global market in an attempt to weaken the other, it could prompt a flight from the fiat of these feuding countries into a non-sovereign asset like gold or Bitcoin.

    Gold has been soaring for that very reason, and Bitcoin has recently started to catch up.

     bitcoin btcusd breakout 2020

    BTCUSD: Bitcoin Breaks out ahead of second US stimulus reveal | Source: TradingView

    Beyond the capital war, a currency war could also be brewing. The United States is late to the game in developing a digital dollar, while China is preparing to roll out a digital currency of its own.

    Here too, Bitcoin as a non-sovereign asset bound to no country or central authority gives the asset benefits in a world where two economic superpowers cannot see eye to eye.

    Rather than let either of these two dominate the monetary supply moving forward, Bitcoin could become the next replacement for the global reserve currency.

    And any of the scenarios that Dalio warns of, could be a catalyst for such a change to take place.

    Source: www.newsbtc.com

    Author: Tony Spilotro


    Cryptocurrencies archive news by date


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