JAPAN-BASED virtual currency exchange Coincheck said yesterday it will refund about US$400 million to customers after hackers stole hundreds of millions of dollars’ worth of digital assets. The company said it will use its own funds to reimburse about 46.3 billion yen to all 260,000 customers who lost their holdings of NEM, the 10th biggest cryptocurrency by market capitalization. On Friday, the company detected an “unauthorised ...
Bitcoin near the apex of a triangle, sitting on big support On Friday, the cryptocurrency market was sent lower by exchange-related news in Japan, but managed to rebound. The drop and rebound helped further along the development of a symmetrical triangle in Bitcoin (BTC/USD). The coiling price action is indicative of a potentially explosive move on the horizon. Triangles can break in either direction, which is why it is important ...
US Dollar Forecast: US Dollar to Focus on External News Flow, Look Past FOMC and NFP The US Dollar is more likely to find a lifeline from external news-flow rather than the upcoming FOMC policy announcement and January’s employment report. British Pound Forecast: Remain Bullish But Don't Chase Trades Too Hard A fair few bullish tailwinds have pushed GBP to multi- month and year highs and the backdrop remains positive. However ...
Is the euro there yet; that is, has it arrived at a point where it could undergo a correction, or worse? It’s certainly in an area where a turnaround could develop. There is a trend-line running down from the top in 2008, clocking in around the current vicinity to a little higher. For a time-frame this long, you need to pull out the monthly chart and use a crayon versus a pencil to draw the trend-line. When you look at this way, then EUR/USD is trading up against a critical spot near the 12600-handle. ...
One of the most important choices every PC builder makes is which graphics card to buy. That choice has been getting much more stressful lately as the price of GPUs skyrockets. You can thank the surge of interest in cryptocurrency for the increase in graphics card prices, but Nvidia is trying to do something about it. “Trying” is the operative word here. As recently as the middle ...
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