We tend to view laws as quite static and rigid. Truth be told, some laws and regulations are considered to be foundational to the US law system — these have a very low chance of ever seeing revisions and amendments. Still, this doesn’t mean that the entire justice system remains static and unmoving on both federal and state levels.
It should go without saying that you need to avoid investing your life savings into cryptocurrencies. If you do, you're taking a big risk with all of your money and gambling on the success of one coin (and its price). Instead, spread your investments across different cryptocurrencies the more diversified the portfolio, the less risk you'll be exposed to. Here are some of the basic tips that may help you in making profitable and safe trades.
Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks…
The name bitcoin is derived from the term cryptography. It was created in 2009 with the intention of improving on the existing peer-to Peer technology (P2P) networks like the Internet and WAN networks by making them more secure and private while reducing fees. Due to its unique features, it was received well by most people and businesses around the world.
The dollar was much stronger this morning, benefiting from the release of strong retail sales, while sterling climbed after a hot inflation release pointed to a December Bank of England interest rate hike.
The GBP was under great pressure last week leading on from the Bank of England’s decision to keep interest rates on hold the previous week. The prior weeks before the decision, Sterling had gained on strong market expectations of an interest rate hike which have now been clawed back.
Sterling edged lower this morning as Britain and the European Union looked far from finding a post-Brexit agreement trade on Northern Ireland, while Bank of England interest rate raise bets ebbed.
Wednesday saw the eagerly awaited Fed Reserve meeting centred around Tapering, when would it start and by how much? All the speculation over the last week had pointed towards a tapering plan to begin the reduced asset purchases by $15b p/month.
