FX News

ICON Announces Huge Partnership With Line To Build DApps On Blockchain Network

ICON, a project aiming to build a decentralized network for independent blockchains, announced a massive partnership with Japan's LINE Corp. for blockchain development. The South Korean startup ICON and the social platform LINE PLUS launched a joint venture called Unchain Read More →

Crypto Lexicon – STABLECOIN

Stablecoins are cryptocurrencies whose values are pegged to some asset such as a US dollar or gold. Price stability and decentralized nature are the two main features of stablecoins.Original Article Read More →

U.S. Housing Starts Pull Back Much More Than Expected In April

New residential construction in the U.S. pulled back by much more than anticipated in the month of April, according to a report released by the Commerce Department on Wednesday. The report said housing starts plunged by 3.7 percent to an Read More →

U.S. Industrial Production Climbs Slightly More Than Expected In April

A report released by the Federal Reserve on Wednesday showed industrial production in the U.S. increased by slightly more than anticipated in the month of April. The Fed said industrial production climbed by 0.7 percent in April, matching the upwardly Read More →

Euro shaken by Italian political developments

Increasing geopolitical tension was the driving factor for FX volatility on Wednesday, as uncertainties between the US and North Korea have arose. A senior North Korean official stated that the country is not interested in a summit with the US Read More →

Cryptocurrency Daily Roundup – May 16

Cryptocurrencies were trending lower Wednesday morning, extending a trend witnessed since late Tuesday. Market sentiment was likely dampened by regulatory moves in Asia. Meanwhile, a Goldman Sachs-backed crypto finance startup raised funding from a mining giant to develop a stablecoin. Read More →