Several EU countries have urged the European Commission to regulate cryptocurrencies such as stablecoins to protect consumers.
ESMA announced, on 3 June 2020, that it had launched a public consultation on its Draft Guidelines on Outsourcing to Cloud Service Providers.
Here is the list of major companies in Europe announcing bankruptcy due to the coronavirus. This list will be updated as other companies join the group.
Oil price jumped higher and closed above $13 area yesterday during the New York session. Oil found support at $10 area, can WTI recover further?
Bitcoin dropped below $4000 area today on the Asian session. BTC reached January 2019's support level after the U.S. Stock Market crashed.
Gold bounced higher from $1550 support area, and the Bulls may recover further. After an extended period of Bears pressure, Bulls found support at $1550.
Bitcoin Sudden Bearish Move took the price below $6500. After an extended volatile phase above $7700 area, BTC broke below a significant level impulsively.
The EURUSD pair is moving higher and may continue towards 1.0920 area as a retracement. Despite the intense bearish pressure, the bulls can retrace higher.
EURUSD is retracing higher, but the Bearish momentum is still on the market. After rejected from 1.08 area, EURUSD is currently retracing above 1.083 area
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