JPY News Reviews 

JPY Daily Review November 13, 2019

JPY Daily Review for November 13, 2019 USD/JPY stays bid above 109.00 despite trade worries, Hong Kong unrest With the resumption of the US bond trading, the USD registers broad recovery. The USD/JPY, being no exception, takes the bids near 109.20.   USD/JPY moves back closer to multi-month tops, around 109.25-30 region The USD/JPY pair caught some fresh bids on Tuesday and has now moved well within the striking distance of multi-month tops set last week. Having shown   JPY Futures: upside appears limited In light of advanced data for…

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Heads-up News 

Tokyo Trading Session Heads Up Tuesday, November 12, 2019

Tokyo opening news digest Tesla Gigafactory In Nevada Plagued By Worker Injuries: Report The investigation finds that recruiting Tesla comes at a price.   OPEC Is Damned If It Rolls Over Oil Production Cuts And Damned If It Doesn’t With non-OPEC crude production rising at a canter, the oil producers’ OPEC group finds itself in a tricky spot of its own making.   ESG Stocks Are Having A Fantastic Year The “typical” ESG portfolio doing is handily besting the S&P 500 this year returning more than 32% to the S&P’s…

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Crypto News Platforms 

Wyoming Brings Regulations for Crypto Custody Platforms

“The US state of Wyoming has introduced a new set of rules to regulate the digital asset custody platforms” writes Arnab Shome for financemagnates.com. Wyoming is one of the few states in the United States press to regulate the digital asset industry by introducing new legislation.These rules are applicable to banks offering digital asset custodial services.Any ambiguity under this subsection shall be resolved in favor of the customer,” the rules added. Source: financemagnates.com

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Crypto News 

SEBA Launches Crypto Banking Services in Switzerland

“Swiss crypto-focused bank SEBA Crypto AG on Tuesday announced the launch of its digital asset-based banking services” writes Arnab Shome for financemagnates.com. The company is aiming to bring banking services to these companies by providing corporate accounts necessary for their operations.Meanwhile, another Swiss crypto bank – Sygnum – which also gained the same license with SEBA, is also gearing up to launch services in the jurisdiction.London Summit 2019 Launches the Latest Era in FX and Fintech – Join Now Per the announcement, the company will offer banking services banks, asset…

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Crypto News 

Justin Sun Confirms Tron’s Listing on Poloniex Cryptocurrency Exchange

“Tron (TRX), the 11th largest cryptocurrency by market capitalization, has now been listed on the Poloniex cryptocurrency exchange” writes Joeri Cant for cointelegraph.com. Reportedly, full trading will be enabled “shortly after this date.” The news comes almost a month after it was reported that the United States-based crypto exchange Poloniex was spinning out from Circle to form a new firm, called Polo Digital Assets.In a Nov. 9 blog post, Poloniex cryptocurrency exchange announced that it was readying to list the decentralized cryptocurrency on its platform, which Tron CEO Justin Sun…

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Crypto News 

Two Former Circle Executives Co-Found Proprietary Crypto Trading Firm

“Two former executives at crypto finance firm Circle and former DRW executive jointly founded proprietary crypto trading firm CMS Holdings” writes Adrian Zmudzinski for cointelegraph.com. The third founder is the former head of trading at Cumberland (the crypto trading arm of brokerage DRW) Bobby Cho.CMS Holdings is based out of the Cayman Islands and does not manage the money of outside investors.Coindesk reported on Nov. 12 that the firm is the joint venture of former Circle executives Daniel Matuszewski — former head of the firm’s over-the-counter desk Circle Trade —…

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News Stocks 

The Dow Jones Industrial Average just booked its flattest finish in 5 years

“The last time the index finished flat after a record close was 1994, according to Dow Jones Market Data” writes Mark Decambre for marketwatch.com. Read: Trump and Powell speeches to deliver a major gut check to stock markets at records Finishing a session virtually unchanged, as the Dow did on Tuesday, is a rarity in stock gauges; the last time it occurred prior to 2014 was 12 years before that date.The midland move for the equity index came as the S&P 500 index SPX, +0.16% advanced around 5 points, a…

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Crypto News 

C++ Creator Laments C++ Use in Bitcoin Mining Operation

“In September, Bitcoin mining infrastructure firm Northern Bitcoin AG completed tests for its new air-cooled mining container” writes Ana Alexandre for cointelegraph.com. Bjarne Stroustrup, a Danish computer scientist and the creator of C++ programming language, has vented his frustration with use of C++ in Bitcoin (BTC) mining. Despite more computing power being dedicated to Bitcoin mining, less electricity was required to fuel it.The same month, it was reported that Bitcoin energy consumption was becoming rapidly more efficient. Source: cointelegraph.com

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Crypto News 

Australian Man Arrested for Unregistered Crypto Transactions

“During the arrest, law enforcement found a substantial quantity of cash and false identification documents, which were seized along with a cryptocurrency ATM from a shopping center in Braybrook” writes Adrian Zmudzinski for cointelegraph.com. As Cointelegraph reported in late October, Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital, tied to Bitfinex and other major cryptocurrency exchanges, was arrested by Polish authorities under money laundering accusations.AUSTRAC’s national manager of intelligence operations, David Hawkins, said that the outcome of the investigation underscores the importance of collaboration between…

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Crypto News Platforms 

Abra Adding 60 New Cryptocurrencies in Consumer Adoption Push: Report

“California-based cryptocurrency wallet and investment service Abra is adding a total of 60 new cryptocurrencies to its platform, reports suggest” writes William Suberg for cointelegraph.com. As Cointelegraph previously reported, institutional trading platform Bakkt released its Bitcoin custody solution this week, something it considered a critical step to broader adoption.Abra focuses on the slowly-expanding consumer adoption curve for cryptocurrency, at a time when attention continues to focus on the institutional sector as fresh offerings come online. Source: cointelegraph.com

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