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    FX Markets Volatile on Post-Covid USD Forecasts

    The strong US stock markets and higher yields from treasury bonds may be the catalyst for strong swings for currencies versus the USD.

    US Dollar pauses long drop amid Washington political crisis

    New Year brings a weak US dollar and chaos in Washington DC with Capitol Hill reduced to a riot zone and President Trump impeached for a second time.

    India Pursues Complete Ban on Digital Currencies

    Cryptocurrencies and the blockchain technologies that support them are at the forefront of remittance-industry innovations, but these are under attack in India, where a complete crypto ban will be proposed in May.

    Bitcoin More Popular Than Visa, MasterCard for Large Payments; Recent Price Surge Only the Beginning (DataLight)

    Research has highlighted the popularity of bitcoin for large payments, including those across borders. By transaction volume, bitcoin has nearly caught up with Mastercard and may in future overtake the market leader, Visa. In the markets, bitcoin’s sudden surge earlier this week is yet to be explained.

    Cryptocurrencies Soar: Litecoin Gains 30 Percent

    Cryptocurrencies exploded on Friday for reasons not fully understood by analysts. Litecoin was among the day’s stars, gaining 30 percent. Brokers, though, remain skeptical about the rally’s sustainability.

    Canada’s Largest Crypto Exchange Files for Bankruptcy

    Canada’s largest crypto exchange, QuadrigaCX, has filed for bankruptcy. Additional bad news for the crypto industry was hardly needed given cryptocurrency prices 80 percent below 2018 peaks. Price predictions are now “pointless,” one analyst says.


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