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U.S. Justice Department Probes Price Manipulation on Bitcoin Markets

May 24, 2018 Forex news forex trade 0

The U.S. Justice Department is looking into whether the price of bitcoin and other virtual currencies are being manipulated, according to a report in Bloomberg that referenced four unnamed sources for the information. Still in its early phases, the criminal probe will bring in other agencies, like the Commodity Futures Trading Commission (CFTC), a regulator […]

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“My Days As A Dollar Bull Are Over…”

May 24, 2018 Forex news forex trade 0

Having been a dollar bull for several months, Bloomberg’s Mark Cudmore now thinks it’s about time for the long-term dollar downtrend to resume. All the key drivers of strength have run their course and it’s more likely that the marginal developments from here will weigh on the dollar… Via Bloomberg, After rising more than 4% in the last five weeks, […]

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Bitcoin Use Case: Limiting Government Growth

May 24, 2018 Forex news forex trade 0

The Institute for Justice (IJ) bills itself as the national law firm for liberty. IJ works to slow the growth of government in the US in all its forms: economic freedom, education, private property, freedom of speech, not to mention amicus briefs to the Supreme Court. Now bitcoiners can help support IJ’s valuable work, a […]

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US: Home Sales decline on a lack of inventory – Wells Fargo

May 24, 2018 Forex news forex trade 0

Today’s data showed a decline of 2.5% in April existing home sales. According to analysts at Wells Fargo, the ongoing shortage of homes available for purchase continues to weigh on sales. Key Quotes: “After rising the past two months, existing home sales fell 2.5 percent in April to a 5.46 million unit annual pace.” “While […]

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Is China And The Yuan The Future Of Venezuela?

May 24, 2018 Forex news forex trade 0

Authored by Tho Bishop via The Mises Institute, Nicolás Maduro may have received more votes in Venezuela’s recent presidential election, but the record-low voter turnout is widely seen as its own form of protest against his increasingly oppressive socialist regime. So as long as Maduro’s government controls the voting process, his opponents will continue to advocate elections […]