The digital currency exchange and wallet service Coinbase, founded in 2012 and backed by Silicon Valley investors, recently told shareholders that it booked $1 billion in revenue in 2017. A new independent analysis says about 43 percent of that came in December when the price of bitcoin was surging …
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More firms started to provide cryptocurrency trading service. On Monday, cross-border currency exchange company Circle announced to acquired Poloniex, a leading cryptocurrency exchange platform. Circle said in a statement that they “envision robust multi-sided distributed marketplace that can host …
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The RBI's decision to raise the limit will help entities engaged in forex transactions to maintain their currency risks in a better manner. PTI … Mumbai: The Reserve Bank on Monday raised the exposure limit under exchange traded currency derivatives (ETCD) trading for residents and foreign portfolio …
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Prior to this, the currency pair formed what appears to be a double top on the falling long-term trend line that goes all the way back to July 2008. Simultaneously, negative RSI divergence popped up which indicated ebbing momentum. Confirmation of the double top is needed though via a break below …
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