Posts From Ian Maguire

Ian Maguire

Ian Maguire

Ian is our resident contributor to the latest going ons in the cryptomarket, keeping up to date with the latest icos and coins

Pound Slides After May Rejects EU’s Plan On Ireland

  Better-than-anticipated inflation data propelled the Sterling earlier yesterday. A Times report indicating Britain Prime Minister, Theresa May’s, rejection of EU’s improved offer to resolve the Irish border issue weakened the Sterling, however. On the contrary, the rising tensions between

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Argentina Heading For Recession, Peso Hits New Low

  Despite the efforts of Argentinian President Mauricio Macri to encourage possible investors, Argentina’s struggling currency reached a threshold of over 40 to the dollar amid a decline in investor confidence. The Latin America’s no.3 economy is fighting desperately to

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Turkish Central Bank Announces 625bp Rate Hike

  The Turkish central bank (CBRT) stunned the market with a 6.25% hike in the interest (one-week repo) rate, which leaves the country’s interest rate at 24% – up from 17.75%.  Turkey, who was slapped with an import duty of

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Trump Admin Prepares To Impose $267 Billion Tariffs On China

  Trump has once again reiterated his intention to impose another US$267 billion of tariffs on China, which economists believe will adversely affect nearly every category of consumer goods. Trump has explained that the tax is planned to retaliate against

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Winklevoss Twins To Launch Stable Coin Pegged To US dollar

  The cryptocurrency market remains range bound for the past few days. However, the overall sentiment remains slightly bearish. Bitcoin (BTC), which is the bellwether crypto, continues to hover around $6,300 after it fell by about $1,000 on news of

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Pound Rallies On Reports of Brexit Breakthrough

  The British Pound exhibited dramatic reversal against the greenback and other G10 currencies yesterday after Bloomberg reported that Germany is ready to accept a move forward without an elaborate agreement on the UK’s future trade ties with the EU.

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CBOE To Launch Ethereum Features In December

The cryptocurrency market continues to remain range bound as Bitcoin (BTC) holds on to $7,000 level. However, there are some exceptions to the trend.  While Doge (DOGE) coin rallied by more than 50% in the past one week, NEO (NEO)

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Crypto Courses Now Offered in 42% of Top 50 Universities

  After rallying for four consecutive days, the cryptocurrency market is undergoing a technical correction. Bitcoin (BTC) reached a level of $7,130, but selling pressure has brought it down to about $6,980 levels. A firm cross-over above the level of

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Moody’s Downgrade Turkish Financial Institutions

  The international credit rating agency, Moody, downgraded 20 Turkish financial institutions on Tuesday, citing an increase in risk due to deteriorating economic scenario. The downgrade sparked another round of selloffs leading the lira to 6.5145 against the greenback, down

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Mexico and US Reach New Trade Agreement, Canada On Focus

  President Trump announced on Monday that Mexico and the US had reached a trade agreement, temporarily removing the pressure on the Mexican Peso, which had hit a low of 20.96 against the greenback in June. Following the news, the

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