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Analysis

Bank Of Canada To Collaborate With MIT For Research On CBDC

The Bank of Canada is collaborating with MIT to research the potential use of a central bank digital currency. The objective of this project is

Analysis

GBPUSD Price Tests $1.30 Support Level, Potential Bullish Reversal Level

Potential bullish reversal level. At the time of writing, GBPUSD is testing support at $1.2965 with a bullish divergence on the daily chart, suggesting that

Analysis

Deutsche Bank Slammed With $2 Million As A Penalty For Failure In Best Execution

Deutsche Bank is being penalized for failing to meet a regulatory requirement that best execution of trades be available. The fine comes after 23 years

Analysis

Big Names Support Brazilian Bill-Splitting Startup

The Brazilian government has taken a big step in the world of cryptocurrency and blockchain by signing off on an informal bill that would have

Analysis

Russian Extends Suspension Of Trading On MOEX By Another Week

Russia’s largest futures market, the Moscow Exchange (MOEX), has extended its trading suspension period by another week. Traders are still unable to access their accounts

Analysis

Gold (XAUUSD) Price Retests Previous High at $1,975

Gold managed to bounce back above $1,950 and is now trading at an hourly high of $2,000. Gold has repeatedly proven its resilience in the

Explained News

EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism

The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote

Analysis

XTB Broker Shareholders To Receive $40 Million Dividends For 2021

XTB is a global fintech company providing trading and brokerage services to institutional investors, high net worth individuals and retail traders. In the fourth quarter

Analysis

Crypto Users Need To Stay Vigilant In The Wake Of Bitcoin Stealing Malware

Bitcoin has been the most popular cryptocurrency in recent years and its users are a prime target for cybercriminals. With new Bitcoin-related malware emerging every

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