-
Bitcoin Hits All-Time Highs In Euro, British Pounds: 'Like Gun Powder, It's Not Optional' Experts Say
Monday, March 4, 2024 - 1:52pm | 618Bitcoin (CRYPTO: BTC) is moving rapidly towards the $70,000 mark, but it has already set an all-time high in another big currency, the euro. What Happened: Bitcoin hit a new all-time high in euro, trading as high as EUR61,558.63 in Monday trading per Tradingview data. In doing so, it...
-
Russia Warns Of Eroding Trust In Dollar, Euro Over Potential Asset Seizure To Aid Ukraine: 'The Reliability...Has Been Undermined'
Tuesday, February 27, 2024 - 11:52pm | 664Russian Finance Minister Anton Siluanov has warned that the potential seizure of Russia’s frozen assets is causing a decline in global trust in major Western currencies. What Happened: Siluanov, in an interview with RIA Novosti, expressed concerns about the trustworthiness of the dollar and...
-
Bitcoin Peaks To All-Time High In 3 More Currencies, 18% Left To USD Peak
Tuesday, February 27, 2024 - 5:52pm | 496Bitcoin (CRYPTO: BTC) has broken past the $1 trillion market capitalization mark. The digital asset hit new all-time highs in several currencies, such as the New Zealand dollar, Russian ruble and Norwegian krone. After touching a peak in currencies like the Japanese Yen in...
-
If You Invested $1,000 In Bitcoin When The ECB Said It's 'Irrelevant' Here's How Much You Would Have Today
Thursday, February 22, 2024 - 7:04pm | 937On Feb.22, Europe's leading financial authority, the European Central Bank (ECB) doubled down on its criticism of Bitcoin (CRYPTO: BTC), saying it has "no fair value." But that was not the first time the ECB criticized the apex crypto. Here’s a look back at what...
-
Bitcoin Hits All-Time High In Japanese Yen: These Currencies Are Next In Line
Wednesday, February 14, 2024 - 1:42pm | 481Bitcoin (CRYPTO: BTC) is back above $1 trillion in market capitalization and has hit an all-time high in the Japanese yen. This marks the first new all-time high in a major currency, following previous highs in the Argentine peso and the Turkish lira. What Happened: Bitcoin in JPY (BTC/JPY) is...
-
Euro Shows Temporary Stability
Monday, December 11, 2023 - 10:35am | 459By RoboForex Analytical Department The Euro's recent stabilization against the US dollar, now hovering around 1.0766, may be short-lived. Market eyes are turning towards the upcoming two-day meeting of the US Federal Reserve, starting Tuesday and concluding late Wednesday. Key attention will be...
-
The USD Experiences A Downturn As EUR/USD Rises
Monday, November 27, 2023 - 11:27am | 426By RoboForex Analytical Department The EUR/USD currency pair saw an uptick, reaching 1.0944 at the onset of the final week of November. This movement indicates a weakening of the US dollar against the Euro. Key to this shift is the upcoming release of the Core Personal Consumption Expenditures (PCE...
-
Despite Expanding Partnerships, Binance Sees Hit To Presence In Europe After Discontinuing Visa Debit Card
Saturday, October 21, 2023 - 10:44pm | 498In yet another step that will curtail its European presence, Binance (CRYPTO: BUSD) announced that it will not offer its Visa (NYSE: V) debit card in Europe anymore. Existing holders of the European Economic Area card will have access until Dec. 20, as the company revealed in its blog post. Binance...
-
Binance Expands European Influence With New Euro Services Partnership
Friday, October 20, 2023 - 4:16pm | 763Amid organizational shifts and regulatory hurdles, Binance is bolstering its European foothold with a fresh Euro services partnership. What Happened? Crypto exchange giant, Binance announced that it has signed agreements with new regulated and authorized fiat partners for EUR payments,...
-
Finland Highlights New Payment System, European Central Bank Preps For Digital Euro
Thursday, October 19, 2023 - 3:26pm | 614The Bank of Finland (BOF) announced it was underway to create a Finnish instant payment solution compatible with European standards. The solution will be based on credit transfer and not depend on payment card rails, as reported by CoinTelegraph. Find out more about how the European Union is...
-
EUR/USD Braces For Pivotal Week Ahead: An In-Depth Look
Monday, September 11, 2023 - 12:00pm | 508By RoboForex Analytical Department The EUR/USD (EUR/USD) currency pair kicked off the week on a vibrant note, trading around 1.0720. The days ahead promise a series of impactful events that could influence the pair's trajectory. In the U.S., critical inflation data for August is set to be...
-
Kraken Embraces PayPal For Pivotal Crypto Shift In Europe, UK
Thursday, September 7, 2023 - 10:20am | 491San Francisco-based cryptocurrency exchange, Kraken announced its phased introduction of support for euro and British pound deposits through PayPal Holdings Inc (NASDAQ: PYPL). TThe funding option was introduced earlier this week and is currently available only on the Kraken mobile app....
-
Euro Attempts A Reversal To The Upside
Monday, August 7, 2023 - 12:41pm | 477By RoboForex Analytical Department The Euro has halted its three-week decline, finding local support at 1.0900. Despite the European Central Bank's (ECB) latest interest rate hike to 4.25% on 27 July, the Euro is weakening against the US Dollar. Over the past three weeks, the EURUSD pair has...
-
ECB Hikes Interest Rates To Highest In 22 Years: Lagarde's Dovish Tone Propels European Stocks To Levels Unseen Since 2007
Thursday, July 27, 2023 - 10:28am | 749The European Central Bank hiked its key interest rates by 25 basis points on Thursday, in a unanimous decision, delivering the ninth consecutive rate hike over the past year, a day after the Federal Reserve also hiked borrowing costs. The ECB deposit rate – the interest rate that the central bank...
-
EUR/CAD Signals Bearish Trend As Euro Faces Economic Pressure
Friday, July 21, 2023 - 4:07am | 194The EUR/CAD pair is displaying a compelling technical setup, with a 78.6% retracement and lower highs combined with pivot point resistance providing triple confirmation of an impending depreciation of the Euro against the Canadian Dollar. The European Central Bank (ECB) is currently grappling with...