Ban Complete: China Blocks Foreign Crypto Exchanges To Counter ‘Financial Risks’

China will add offshore cryptocurrency exchanges and ICO websites to its Great Firewall, the South China Morning Post reported Monday, reported Feb. 5, quoting a publication affiliated with the People’s Bank of China (PBoC). Regulators in China reportedly voiced dissatisfaction with current measures restricting trading on domestic exchange sites, coming to a decision to block … Read more

‘Prices Will Go Off Around March and April’ – Crypto Fund Manager

Bitcoinist spoke to David Drake, Chairman of LDJ Capital, a $200 million dollar cryptocurrency fund, about the current price downtrend, what determines ICO quality, and the potential impact of regulations in key countries across the globe.  David Drake is the Chairman of LDJ Capital, who has also been involved in TMT (technology, media, telecoms), realty, hospitality, … Read more

Look out ahead: more U.S. dollar weakness to come, says currency expert

It’s not just stocks that are falling. Despite a selloff in the stocks, the U.S. dollar, traditionally a haven in times of turmoil, is hovering near multi-year lows. It could see even more downside this year for two major reasons: Europe and China. The DXY U.S. dollar index ended January with losses of 3 percent, … Read more

A rare phenomenon is gripping the market; here’s why one fund manager sees more pain ahead

Wall Street’s worst week in two years is creating anxiety that more losses are ahead for investors. Russell Investments’ Douglas Gordon suggested recently that feeling may be justified. He contended an unusual phenomenon is creating near-term challenges for the stock market. “You’ve got late stage in the expansion where you’ve got tightening monetary policy. But … Read more

Jason Bond’s Ultimate Penny Stock Guide – FREE DOWNLOAD HERE

The risk in penny stock trading is GONE thanks to this brand new ebook from Jason Bond: Ultimate Penny Stock Guide. Jason has made millions trading penny stocks, helped thousands become confident and consistent in their trading and has FIGURED OUT THE SECRETS to penny stock fortunes… It’s all inside his brand new ebook: Ultimate Penny Stock Playbook In this ebook Jason will show you: -The secrets of doubling your account YEARLY. -The 8 reasons stocks go … Read more

Bitcoin tumbles as cryptocurrency sell-off intensifies

Cryptocurrencies plunged on Friday, with bitcoin at one point sliding below $8,000 and headed for its biggest weekly loss since December 2013, as worries about a regulatory clampdown globally sent investors scrambling to sell. The currencies have come off their lows but analysts said the sell-off was probably not over. This week’s slump brought the … Read more