Search Results for: currency market
Cryptocurrency Market Cap Soars to All-Time High Near $28 Billion
April 4th, 2017
A bullish 2017 for bitcoin and other cryptocurrencies has helped spur the overall cryptocurrency market cap through a series of highs this year, to nearly scale $28 billion over the weekend. On Sunday, April 2, the collective market cap ...
Tax Coalition formed to help developed effective tax policies for the virtual currency markets
March 10th, 2017
The Chamber of Digital Commerce and Steptoe & Johnson LLP today announce the formation of the Digital Assets Tax Policy Coalition, a Washington, DC-based coalition created to help develop effective and efficient tax policies for the growing virtual currency ...
This is the darkest hour in global currency market that haunts currency traders
October 27th, 2016
In the global currency market, the darkest hour comes just as dawn is breaking in Asia and traders in Sydney are sipping their first flat white. Between the New York close and the start of trading in Tokyo, foreign-exchange ...
Bitcoin-Inspired Technology Starts to Reshape Currency Markets
September 27th, 2016
Product likely to lower the costs of cross-border transactions Bitcoin-inspired ledger technology is taking its first steps in foreign-exchange markets. Companies that provide payments systems to banks are unveiling products that use distributed ledgers to lower the costs of ...
Bank of International Settlement published first phase of a global code of conduct for currency markets
May 27th, 2016
The first phase of the Global Code of Conduct for the Foreign Exchange Market and principles for adherence to the new standards were released today in New York by the Foreign Exchange Working Group (FXWG). “In a globalised world, the foreign exchange market ...
Cryptocurrency Market for Bitcoin Worth $19.48 Billion in 2016
May 26th, 2016
The report titled “Global Cryptocurrency Market (Bitcoin, Ripple, Litecoin, Ethereum)- Insights and Analysis: Technology, Sizing, Growth and Potential – (By Value, By Transaction Volume, Bitcoin ATMs, Company Analysis)” suggests that the cryptocurrencies have a huge potential in disrupting the ...
Israel’s foreign currency market in 2015
January 12th, 2016
The Exchange Rate Moderate weakening of the shekel against the dollar, in parallel with the strengthening of the dollar worldwide. In 2015, the shekel weakened by 0.3 percent against the dollar. The exchange-rate trend was not consistent—until June, the ...
CRYEX announces new institutional FX and digital currency marketplace and clearing house
May 8th, 2015
10 M USD funding led by White Star Capital and Northzone CRYEX today announced the filing of an application with the Swedish Finansinspektionen (SFSA) to become a regulated clearing organization and create a member-only marketplace with clearing and settlement ...
Volatility shakes currency markets
March 27th, 2015
Nervous markets will favour the greenback as a traditional safe-haven asset, but not the Australian dollar. Volatility is creeping back into the market and creating headaches for foreign exchange traders as they second-guess the timing of United States interest ...
Why liquidity is drying up in the currency market
March 25th, 2015
Sovereign bonds aren’t the only market facing a liquidity shortage. As volatility in the foreign-exchange market has risen over the past eight months, currency traders are finding that liquidity has become much patchier than it once was. Several factors, ...
