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We are reminding all regulated firms of their existing obligations when they are interacting with or exposed to cryptoassets and related services. While cryptoassets and their underlying technologies can offer benefits to financial services firms e.g., reduce costs and increase efficiencies, they also present risks to market integrity and consumers, particularly when used as a […]
A third tranche of USDT leaves a wallet thought to hold funds earmarked to purchase at least $3 billion of Bitcoin. 7233 Total views 49 Total shares Bitcoin (BTC) returned to $43,000 on March 24 as new purchases by blockchain protocol Terra fuelled optimism. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView The BTC buys keep […]
Shares of Okta Inc. OKTA, -2.90% dropped 4.3% in afternoon trading Thursday, putting them on track to close at a near two-year low, following a double downgrade by Raymond James analyst Adam Tindle. The downgrade comes on the heels of the announcement by the provider identity management services for businesses it was investigating a potential […]
USDJPY updating its 6-year highs; the “greenback” is in demand. The Japanese Yen dropped to the lows of December 2016 against the USD. The current quote for the instrument is 121.66. The “greenback’s” attack is too strong for the Yen to keep the balance. However, given the current circumstances, the weak JPY might still help […]
EURUSD is back to falling; investors are selling due to increased risks. The major currency pair found itself under pressure on Thursday. The current quote for the instrument is 1.0984. In the last 24 hours, risk aversion returned to global financial markets, including the currency one. There is an opinion that EURUSD might remain under […]
Type: Bearish ReversalKey Levels:Resistance: 19.89Pivot: 19.57Support: 19.09Preferred Case:Price is approaching our pivot level of 19.57 in line with 138.2% Fibonacci extension and 78.6% Fibonacci retracement. We see the potential for a bearish reversal towards our 1st support level of 19.09 in line with 38.2% Fibonacci retracement. Our bearish bias is further supported by the stochastic […]