WallStAnalyst.com Announces Investment Opinion: Bitcoin Wins Race Against Real Currencies; USD Loses Sheen
Wall St. Analyst (www.wallstanalyst.com) has announced its comprehensive market summary that analyzes the most relevant news, events, and economic releases.
Today’s Morning Market Monitoring (MMM) delves about how virtual currencies have outnumbered the real-world currencies despite regulatory concerns and hacking attacks on Bitcoin exchanges. It also focuses on the upcoming US IPOs of mobile game developers. The newsletter also throws the spotlight on how the US dollar lost strength against major global currencies. This story is expanded in our Blog section under commodities.
Read more on our MMM Newsletter at:
http://wallstanalyst.com/research-desk/market-monitoring
Virtual Currencies Get High Five from Netizens; Game Developers Launch US IPOs
WallStAnalyst.com analyzes the growing popularity of virtual currencies and how they have outnumbered the real-world currencies in recent times. A total of 193 virtual currencies are currently being traded, although none of them are officially backed by any government or banking regulators. Apart from Bitcoins, Ripple, Litecoin, Auroracoin, Peercoin, and Dogcoin have seen a steady rise in volume and value. The latest additions include Teacoin, Aliencoin, magic internet money, and Heisenberg. Our research desk also covers the IPOs of popular mobile game companies looking to list on the US exchanges.
Read more about our weekly market round-up at:
http://wallstanalyst.com/research-desk/market-monitoring/1729-market-monitoring-24-mar-2014
Crude Rebounds on Ukraine Crisis; USD Retreats on Interest Rate Hike by Fed
US crude oil prices rose amidst escalating tensions between Russia and Ukraine. Both the US and the EU have criticized the annexation of Crimea by Russia by imposing sanctions on Moscow, the world’s largest exporter of oil and gas. This might impact oil supplies to the European nations. Meanwhile, the USD declined against global currencies following indications of a possible interest rate hike after the winding up of the monetary stimulus this fall. Fed Chair Yellen stressed on signs of US economic recovery and announced a $10-billion cut in the Fed’s monthly bond-buying program to $55 billion.
More details about oil & gas and currency rates are available by following the links below:
http://wallstanalyst.com/blog/entry/us-dollar-retreats-on-prospects-of-premature-rate-hike-by-fed
http://wallstanalyst.com/blog/entry/crude-rebound-on-ukraine-crisis-natural-gas-rates-hint-onset-of-summer
Focus Concepts, and Companies
Bitcoin
Mt.Gox
King Digital
Intel Corp.
Forex
Commodities
For more information visit http://www.wallstanalyst.com/
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