Feb 17, 2020 Forex News
At the end of last week, the largest altcoin Ethereum (ETH) began to descend after the two-week climb, which was called the February rally.
As a result, the price of Ethereum was approaching $290 on some exchanges. However, from February 15, Ethereum began to lose in value. From February 15, the price decreased from $285 to $256 at the time of publication.
Over the past 24 hours, the coin has fallen in price just by 1.5% and is now trading at $256.
Losses at the beginning of the week are borne by almost all the largest cryptocurrencies, including Bitcoin. BTC dipped below $9,800, and there are risks of testing values below $9,600 today.
According to analysts, if in the next few hours Ethereum will not be able to gain a foothold above $260, then the weakening trend will dominate until the fall to $240. The main resistance level remains at $265.
The largest altcoin is weakening despite the fact that the founder of Ethereum, Vitalik Buterin promised to expedite the development of Ethereum 2.0 at the ETHDenver conference.
An updated version of the network, according to the leader of the development team, will significantly increase the throughput capabilities of Ethereum and make the platform more convenient for launching various services.
Despite the short-term effect of rumors that Amazon was going to accept Bitcoin this year and the subsequent pullback, the BTC/USD pair was able to find support in the area of $36500 and start a new rally. As a result, today the BTC/USD pair was able to rise
Mar 2, 2023 Forex Forecast
Dear clients, Please note that due to Independence Day celebrated in the USA on 4 July 2022 you may experience the following changes: Monday, July 4rdMetal CFDs: trading closes at 21:30. Indices CFDs: Europe 50 (#ESX50): trading closes at 23:00; France 40 (#FCHI): trading closes at 23:00;
Jul 1, 2022 Company News
On March 13th, 2022 TenkoFX will switch its trading servers 1 hour ahead, from GMT +2 to GMT +3. The change will affect all types of TenkoFX trading accounts. In ECN, STP accounts summer time will take effect starting with the market opening on Monday, March 14th, 2022. In Crypto
Mar 10, 2022 Company News
Dear Clients, Please note that due to President’s Day in the US on February 21, 2021, trading hours for some financial instruments will be changed as follows: Spot commodities CFD:Gold (XAUUSD) - trading ends at 21:30;Silver (XAGUSD) - trading ends at 21:30;US Crude (XTIUSD)
Feb 14, 2022 Company News