CME Bitcoin Trading ...من Bullion

CME Bitcoin Trading Product Records Show Institutional Participation UptickThe Chicago Mercantile Exchange, or CME, recently saw record Bitcoin trading numbers in multiple categoriesMainstream market exchange, the Chicago Mercantile Exchange, or CME, recently posted record numbers for its Bitcoin (BTC) trading products. May 14 yielded open interest of 10,792 Bitcoin futures trading contracts at CME, totalling 53,960 BTC — an all-time high for the product#FX#

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USD/CAD rebounds strongly in early US session, and dampens the original bearish view. However, it’s staying well below 1.3327 resistance. Intraday bias is turned neutral first. On the upside, break of 1.3327 will resume the rise form 1.3042 and target 1.3382 key structural resistance next. on the downside, through, break of 1.3158 will extend the fall from 1.3327 to retest 1.3042 low.

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Why COVID-19 can’t stop the US dollarEven with the coronavirus pandemic having devastating impacts across the global market and wiping out trillions of dollars of assets, the US dollar is unaffected by the turmoilThe dollar has become the reserve currency of most countries in the world. More than $1.8 trillion of Federal Reserve notes are in circulation, as it is believed that two-thirds of the $100 bills and nearly half of the $50 bills are held outside the United States

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Ripple, third most valuable cryptocurrency, gets approval from the U.S for money transfersRipple (XRP), the third most widely used crypto-asset behind bitcoin and Ethereum, has gotten the attention of the world’s biggest economy for money remittance Ripple (XRP), the third most widely used crypto-asset behind bitcoin and Ethereum, has gotten the attention of the world’s biggest economy for money remittance.

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