Golden News Blog

Litecoin Hard Fork Produces Litecoin Cash

Litecoin Hard Fork Produces Litecoin Cash

The rumored Litecoin hard-fork took place on Sunday at block 1,371,111 giving birth to a new digital token Litecoin Cash (LCC).

Cryptocurrency Charts: Levels to Watch in Ethereum, Bitcoin & Litecoin

Cryptocurrency Charts: Levels to Watch in Ethereum, Bitcoin & Litecoin

Cryptocurrencies continue to maintain a bid, however; resistance levels for several of them could come into focus in the days ahead.

Official Data Takes a Back Seat as Central Bankers Opine | Webinar

Official Data Takes a Back Seat as Central Bankers Opine | Webinar

A slow start to the week with Asia and the US on holiday and little market moving data on the docket. However, a raft of central bankers take to the microphone later in the week and should be followed closely for any clues of upcoming monetary policy.

CoT Update: Euro & Oil Speculators Sell Aggressively

CoT Update: Euro & Oil Speculators Sell Aggressively

Record positioning in the euro and crude oil both saw reductions from record high levels as the currency and commodity show vulnerability.

S&P Global Ratings: Cryptocurrency crash will not impact financial markets

S&P Global Ratings: Cryptocurrency crash will not impact financial markets

S&P Global Ratings has said regulation and guidance needs to be implemented before cryptocurrencies can influence financial institutions.

GBP JPY Price Action Building a Base

GBP JPY Price Action Building a Base

The recent GBPJPY sell-off has found a temporary base and may push back higher, but in a week of limited data points, Brexit commentary will continue to guide the pair.

Bitcoin Price Enters Next Chart Trading Range

Bitcoin Price Enters Next Chart Trading Range

Bitcoin (BTC) has pushed through our first price target and now trades between two zones that we have highlighted over the past few weeks. A break and close above $11,600 opens the way to $12,700 and higher.

Crude Oil, Gold Prices Biased Upward in Thin Holiday Trade

Crude Oil, Gold Prices Biased Upward in Thin Holiday Trade

Crude oil and gold price trends seem to point higher as worries about a sharp Fed rate hike cycle fade, though progress may be choppy amid market closures in the US and China.

Crude Oil, Gold Prices Biased Upward in Thin Holiday Trade

Crude Oil, Gold Prices Biased Upward in Thin Holiday Trade

Crude oil and gold price trends seem to point higher as worries about a sharp Fed rate hike cycle fade, though progress may be choppy amid market closures in the US and China.

Asian Stocks Bounce Back As New Week Starts, US Dollar Firmer

Asian Stocks Bounce Back As New Week Starts, US Dollar Firmer

Asian equity markets took Wall Street’s Friday lead and ran with it Monday while the battered US Dollar was deemed to have suffered enough for the moment