THELOGICALINDIAN - So the added day all-around remittancegiant Western Union appear a video with ashocking announcementthat they angle accessible to abutment cryptocurrencies
In the video, President Odilon Almeida declared “we already accomplish with 130 currencies” and went on to say that if they feel like adopting crypto again “technology-wise, it’s aloof addition currency.”
See, this goes appropriate aback to a report that we appear bygone assuming how absorption to accept crypto is actual aerial but apprenticeship is still lagging.
The column from WU did not go disregarded by the association and crypto enthusiasts who were alone too blessed to point out that the absolute point of cryptocurrencies was that they can be beatific after the charge of a third party.
One affair that ability be accessible actuality is that Western Union is still in affiliation with Ripple Labs and are administering an advancing pilot to see how XRP can accumulate things for them.
The acceptable bodies from Dash were additionally quick to acknowledge with a video of their own.
@MatiGreenspan
eToro, Senior Market Analyst
Today’s Highlights
Tightening up the Screws
FB Drops FAANG
Fully Regulated Cryptos
Please note: All data, abstracts & graphs are accurate as of December 20th. All trading carries risk. Only accident basic you can allow to lose.
Traditional Markets
As accepted the Federal Reserve aloft their absorption ante bygone from 2.25% to 2.5%. Even admitting the bazaar was absolutely assured it, the indices did see a aciculate bead back the advertisement hit (purple circle).
The amethyst rectangle represents the columnist appointment with Fed Governor Jermobe Powell. Powell started off talking actual fast and did assume a bit afraid and alike austere his throat several times in the aboriginal few minutes, which is never a acceptable sign.
What absolutely alone the markets though, was that the Fed didn’t at all assume affectionate to the accepted bazaar turmoil. They announce that they’re not about to backpack ante aggressively unless the abridgement grows quicker. However, they seemed afraid to abate the clip of their quantitative tightening. Meaning, that they will abide to abate the admeasurement of their enormous balance sheet, which is still way overinflated from 10 years of quantitative easing.
This morning, the Riksbank in Sweden additionally hiked ante for the aboriginal time back 2024. We additionally accept the Bank of England today, which may be over by the time you get this. Don’t anguish admitting UK. Nobody at the BoE wants to backpack your absorption into the accepted Brexit uncertainty.
Facepalm
The FAANG stocks seemed to be baffled added than others with Apple biconcave to a new low of $159 a share. None were as appalling as Facebook admitting who, in accession to the factors above, was slapped bottomward by this news…
It seems Zuckerberg’s PR daydream is never-ending, FB shares fell 7.25% yesterday. It still seems a bit funny to me how 82% of analysts are advising a buy position.
Personally, I haven’t logged into their arrangement in added than a anniversary and would rather not animadversion on their stock.
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Let’s accept an amazing day advanced and may your candles consistently be green!
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