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FxWirePro: The Day Ahead-17th July 2019

German economic sentiment continues to be low, ZEW indicator drops to -24.5 points in July

FxWirePro: Brazilian Lira Eases, Achieve Vol Carry via Options Combinations

Five ways to be a responsible wildlife tourist

FxWirePro: Spotlight on Bearish Antipodeans, Fundamental Driving Forces and Trade Strategies

Digital Currency/Stablecoin/Tokenization Series: IMF Reckons Crypto-Stable Coins Likely Bring Paradigm Shift in Banking

Crypto Technicals: DASH/USD pivotal at 200-DMA support, breach will open up downside

Regulatory Series on Cryptocurrencies: Blockstack obtains approval from US SEC for token offering under RegA+

FxWirePro: The Day Ahead-16th July 2019

Canadian manufacturing sales growth accelerates in May, manufacturing outlook remains uncertain

Digital Currency Revolution Series: Is PBoC Eyeing on Chinese National Cryptocurrency?

Cryptocurrency Derivatives Series: Physically-Settled Bitcoin Futures Trending Topic, VanEck, Bakkt, LedgerX and ErisX Line-up For Offering

Euro area’s headline inflation likely to have come below target level in June

FxWirePro: Most Asian markets in red, gold trades flat at $1,404 mark

FxWirePro: Fed in 2019 and FX Vols and Options Strategies

Cryptocurrency Derivatives Series: VanEck Reckons Bitcoin ETF Likely to Stimulate US Economy

Trend of Tokenization Series: A Glimpse on ICOs, IEOs, and STOs Performance in 2019

Lamborghini Up for Sale - Founder of Morgan Creek Capital Prefers Bitcoin Instead of Eclectic Collection of Cars

Tuesday, January 8, 2019 9:33 AM UTC
0
comments

As the people involved in the crypto-space have been emerging and evolving, their roles in the industry are also correspondingly shifting trend. Umpteen number of crypto-aspirants changed from just being investors to have been very keen on this industry. 

We witness a recent incident that Jason A Williams, the founder of Morgan Creek Capital Management weighs-in on his new cryptocurrency desperation, who has kept his lavish Lamborghini open for sale in order to fund to buy Bitcoin.

This, would certainly, be contrary to the ‘when lambo’ thread involving bidding for the outlandish super car with extravagant cryptocurrency returns.

Well, from last two days, Bitcoin price seems to be edgy but still remains well above US$4000 with spike of 7.23% new year rallies so far.

“I’m going to do something that has never been done in crypto,” he twitted. His idea of Lamborghini for sale for buying Bitcoin with the money he gets could be perceived as the absurd or unwise idea by quite a few critics. But that’s what is likely to happen when your instincts become priority that are backed with robust convictions on any asset class.

He seemed to have been bored of his eclectic collection of cars, instead, he might have reckoned that it is worthwhile to divert his money into the buzz world. Perception varies from investor to investor regardless of active or passive approach in their strategies.

Currency Strength Index: FxWirePro's hourly BTC spot index is flashing at 130 (which is bullish), while hourly USD spot index was at -117 (bearish) at 09:30 GMT.

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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2019-07-04 10:08:08
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Economics Monitor

July 2 15:00 UTC Released

DKCurrency Reserves

Actual

449.6 Stale

Forecast

Previous

451.7 Stale

July 2 13:45 UTC Released

USISM NY Biz Conditions

Actual

50 %

Forecast

Previous

48.6 %

January 31 00:00 UTC 767588767588m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 767588767588m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 779408779408m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 767588767588m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 779408779408m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 767588767588m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 767588767588m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 767588767588m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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