Weekly CryptoNews

Weekly CryptoNews

Jeffrey C. Sprecher, CEO Intercontinental Exchange: Bitcoin will significantly simplify the promotion of the world currency. It has a potential to be the first world currency.


  • Bitcoin has suffered a great fall this week. Although the Turkish lira plunged at the beginning of the week and Turkish traders started buying Bitcoin, it didn’t support the cryptocurrency. The digital currency fell to the lows of the end of June 2018 near $5,875. However, it managed to recover. Up to now, Bitcoin has been trading near $6,430. The resistance is at $6,615. If Bitcoin can’t break this level, the fall to 5,875 is anticipated.


  • The volume of trading on Turkish cryptocurrency exchanges increased by 100% because of the great plunge of the Turkish lira.
  • The California Court rejected the lawsuit against Ripple. The Ripple was accused of a price manipulation. Moreover, the complainant required to recognize it as unregistered security.
  • The head of BitMEX cryptocurrency exchange called Ethereum “shitcoin” and predicted its fall below $100. Recently the price plunged below $300.
  • The Venezuelan President Mr. Maduro said that both the Venezuelan bolivar and El Petro will become national currencies since August 20.


  • A government of the Korean Cheju island wants the island to become a center of the blockchain industry and a free area for ICO despite the strict national policy to the cryptocurrency market.
  • The Saudi Arabian authorities forbade companies and individuals to trade cryptocurrencies.


  • South Korea is anticipated to spend $918 million to develop blockchain and artificial intelligence in 2019.

Cryptocurrency exchanges

  • Malta has the biggest volume of cryptocurrency trading on cryptocurrency exchanges in the world.
  • KuCoin cryptocurrency exchange is accused of a fraud. The Hong Kong head-office isn’t located at the registered address.
  • Jamaican stock exchange will launch cryptocurrency trading. The trading platform will start operating at the end of 2018.

Just for fun

  • Instead of a reward of $250,000, Bitfi wallet’s developers promised problems to hackers who claimed successful hacking.

Bitcoin $6,434.3 (-0.24%)

DASH $156.73 (-1.74%)

Ethereum $296.86 (+0.39%)

Litecoin $56.885 (-0.56%)


Latest news

Will USD Stop Falling Today? Market Wrap
Will USD Stop Falling Today? Market Wrap

The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong. 

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera