Tuesday, November 19, 2019
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Currency

The world’s money markets can change within minutes – and new developments are taking place every second.
To keep you up to speed, our currency writers provide you with the latest news on the international and FOREX markets, foreign exchanges, currency exchange rates, and other relevant financial matters.
We also provide commentary and groundbreaking analysis so you have a broad understanding of the developments shaping economies.
Whether you require the latest currency news as a trader, are thinking of widening your investment portfolio, or would simply like to keep abreast of the latest exchange rate developments, we deliver.

Cryptocurrency has taken a bashing again - and much of the problem was self-inflicted. The price of Bitcoin has tumbled after flirting within grasp of a new year high of $14,000. The exchange rate is now struggling to maintain $9,500 after losing 8% of value in a day. The slump follows a...
An intense battle is going on behind the closed doors of a court in Florida, USA, to determine who could be crowned as the inventor of cryptocurrency Bitcoin. Satoshi Nakamoto is the name on the paper that first introduced Bitcoin to the world, but the shadowy figure has never come...
Microsoft’s internet browser Bing blocked more than 5 million cryptocurrency ads last year. The data was revealed in Microsoft’s annual review of advertising quality. Microsoft explained that digital advertising is a powerful and open channel. “it is also prone to abuse by bad actors trying to defraud and deceive users by delivering...
Cryptojacking has increased by more than 450% this year and shows no sign of slowing down, according to new research. Cryptojacking is when a remote computer illicitly takes control of a device and harnesses the processor power to mine cryptocurrency. The Cyber Threat Alliance (CTA) says detections of malware have increased...
If you want to go shopping online to pay in cryptocurrency, a new app for one of the world’s leading shopping platforms will open the way. Magento is a market-leading shopping and payment software system for online merchants with more than 200,000 web store outlets selling just about anything anyone...
Bitcoin is hanging on to a $4,000 plus price tag by the fingertips and may dip below again within a few days. Current trading puts Bitcoin at $4,036.50 with the cryptocurrency rallying from a start of $4025.19 to a high of $4,072 at lunch time before falling back. In the markets,...
Cryptocurrency has seen an unexpected rally as a sea of green lights up the price boards at exchanges around the world. Bitcoin has improved from $3,911.29 to more than $4,000 for the first time since a blip on February 23 saw the price jump to $4,149.09. That’s the only time since...
Digital currency billionaire and entrepreneur Jeffrey Berns has revealed plans for a smart city to rise out of the sands of the desert in Nevada, USA. The city will stretch over nearly 70,000 acres and be home to around 250,000 people. Homes, businesses and infrastructure will benefit from the latest technologies...
Cryptocurrency pioneers and influences the Winklevoss twins have again made a call for tougher rules to govern the market. The twins introduced stablecoin GeminiUSD and are about to open a new exchange in the US. They have regularly called for better regulation of the sector. “Some have wondered why @Gemini believes the...
The world’s leading economies have agreed a strategy to regulate cryptocurrency exchanges in the same way as they lay down rules for commercial banks to operate. The plan was drawn up by the Financial Action Task Force- a talking shop and think-tank for 353 of the world’s leading economic nations. A...
Monero is the latest cryptocurrency to face a hard fork - but the upgrade is to improve the blockchain rather than increase the throughput of transactions. Other hard forks - like the recent Bitcoin Cash fiasco - have looked towards speeding up the cryptocurrencies blockchain. The Monero hard fork will happen...
The Bitcoin Cash hard fork seems to have injected huge uncertainty into the cryptocurrency market, sparking a savage blood-letting as the value of every major coin against the US dollar plummeted. Bitcoin Cash split into two separate coins on November 15, leaving the original Bitcoin Cash and the new Bitcoin...
Bitcoin is slowly slithering down in value after reaching a record high of almost $20,000 a year ago. The markets have wiped another 3.5% of the leading cryptocurrency’s value, sending the price down to $3,360 and it would take a brave investor to put money on where Bitcoin is likely...
If you are a British cryptocurrency trader, the deadline day for tax filing is fast approaching, but do you know if you have any profits to declare - and if so how to declare them? The answer is probably no as cryptocurrency is a fiendishly complicated market with fluid rules...
Former world boxing superstar Floyd Mayweather is embroiled in an alleged multimillion dollar cryptocurrency scam. Mayweather landed a knockout blow for some investors when he messaged his 8 million social media followers endorsing an initial coin offering in 2017. Mayweather told his fans he had invested in the Centra Tech ICO...