Crypto News 

Crypto.com Launches Cryptocurrency Exchange Supporting 9 Assets

“Hong Kong-based cryptocurrency financial ervice provider Crypto.com is announcing the launch of its cryptocurrency exchange today, November 14th” writes Rachel Mcintosh for financemagnates.com. The announcement of the new exchange, which will be accessible through Crypto.com’s web interface, trading API, and mobile app, was shared in an email with Finance Magnates.Additionally, the announcement says that users who stake CRO will have access to discounts on trading fees “up to 100%”, and that CRO staked on Crypto.com will yield 20% per annum. Source: financemagnates.com

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Crypto News 

Binance’s CZ Speaks Publicly About China’s Digital Currency

“Some investors predict the Chinese digital currency will be issued within 2-3 months” writes Hisashi Oki for cointelegraph.com. Speaking today at BlockShow Asia 2019, CZ shared his thoughts on the digital currency in development by the People’s Bank of China.Binance CEO Changpeng Zhao, better known as CZ, predicted that the digital Renminbi token (RMB) would be based on blockchain.Having Libra is better than not having it.” Last month, China’s President Xi Jinping called for the country to accelerate its adoption of blockchain technologies.When you learn about blockchain, you almost have…

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Crypto News 

Julian Gordon’s WeChat “Hasn’t Stopped Buzzing” Since Xi Jinpin Went Pro-Blockchain

“Expectations for the Chinese blockchain market are quite high” writes Hisashi Oki for cointelegraph.com. It has gathered companies from different backgrounds such as IBM, Airbu, and J.P.Morgan to further advance cross-industry blockchain technologies.The reason I know that is because my phone is sitting on my desk — my WeChat started buzzing and hasn’t stopped since.” Hosted by the Linux Foundation, Hyperledger is an open-source blockchain project aiming to be a hub for open blockchain development across industries. Source: cointelegraph.com

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EUR News Reviews 

EUR Daily Review November 14, 2019

EUR Daily Review for November 14, 2019 EUR/USD Analysis: RSI Offers Bearish Signal Ahead of Powell Testimony EUR/USD may continue to give back the rebound from the yearly-low (1.0879) as the Relative Strength Index (RSI) offers a bearish signal.   EUR Futures: door open for extra decline Open interest in EUR futures markets rose by just 580 contracts on Tuesday, reversing the previous drops and resuming the uptrend. In the same line, v   EUR/GBP directionless around 0.8570, focus on data, UK elections EUR/GBP is alternating gains with losses below…

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News Stocks 

High-tech fitness company Peloton will reportedly release a cheaper treadmill and a rowing machine in 2020

“Peloton will reportedly release two new pieces of fitness equipment next year, according to Bloomberg, including a new cheaper treadmill, and a rowing machine” writes Bani Sapra for businessinsider.com. Peloton brands itself as more than just a fitness equipment company; it thinks of itself as a media and technology platform as well.A cheaper treadmill, a rowing machine, and apps for Amazon Fire and the Apple Watch may signal a new phase of expansion for the company.The buzzy fitness equipment startup Peloton, known for its internet-connected exercise bikes and treadmills, may…

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AUD News 

Players’ mental health becoming major issue in cricket

“Robert Craddock, a long-time cricket analysist and television host in Australia, said cricket was facing a mental health crisis” writes The Associated Press for seattletimes.com. The mental health issue isn’t isolated or, seemingly, new in cricket.Senior England batsmen have left tours going back more than a decade because of mental health issues.The first test of the home summer starts in Brisbane next week and Australia has three players out of the selection frame because of mental health reasons. Source: seattletimes.com

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Heads-up News 

Frankfurt Trading Session Heads Up Thursday, November 14, 2019

Frankfurt opening news digest USD/CAD Rate Tracks October Range Amid Failure to Test 2019 Low USD/CAD may continue to retrace the decline from the previous month amid the failed attempt to test the 2019 low (1.3016).   AUD/USD, USD/CAD, EUR/USD Price Trend Outlook in Positioning The AUD/USD and EUR/USD downtrend may prolong as traders counterintuitively buy into their descent. Meanwhile, the USD/CAD uptrend may accelerate on rising net-short bets.   US Dollar, Stocks Eye Powell Testimony as Trade Talks Stumble The US Dollar along with European and US equity markets…

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Markets News 

Move over TikTok: Disney+ is #1 in the App Store

“Disney+ took the No. 1 spot from TikTok on Wednesday to become the top free app in Apple’s App Store in the U.S. and Canada” writes Haidee Chu for mashable.com. A new app sits atop the App Store throne just a day after its debut.”TikTok and Disney+ are also very different apps in terms of what they provide users.”. Within just 24 hours, Disney+ amassed 3.2 million total downloads and 1.3 million hours in user views on iOS and Android mobile devices (more hours than Amazon Prime or Roku), according…

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AUD News 

US-China trade deal doubts lifts yen, Aussie hits one-month low

“Against the euro, the yen was firm at 119.60 per euro, near one-month high touched the previous day” reports cnbc.com. The euro stood little changed at $1.10075, having touched one-month low of $1.0995 in U.S. trade while the dollar index stood not far from one-month high touched in the previous session.The yen firmed to 108.77 yen per dollar, having risen to as high as 108.66 in previous U.S. trade.Against the dollar, the franc stood at 0.9898 per dollar.The Australian dollar was down more than a half percentage point to a…

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News Oil 

Oil rises after OPEC’s Barkindo says US shale growth may slow in 2020

“U.S. oil output is expected to rise by 1 million bpd to 13.29 million bpd in 2020, the agency said” reports cnbc.com. While Barkindo’s comments supported oil prices, there is not a clear way for OPEC to forecast oil production outside the group, Howie Lee, an economist at Singapore’s OCBC bank said.Oil prices rose on Thursday after industry data showed a surprise drop in U.S. crude inventories while comments from an OPEC official about lower-than-expected U.S. shale production growth in 2020 also provided some support for oil.The EIA raised its…

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