
The British monthly GDP is announced on Friday at 09:00 MT time.
Just for fun!
John McAfee, founder of McAfee Inc.: "All ICOs are Securities! I will not now, nor will I ever, accept this as a reality. I am submitting, now, to this law, but I will fight with every last breath to ensure that this absurd overreach by the SEC will not stand!! It will not stand!”
Several days later…
“Due to SEC threats, I am no longer working with ICOs nor am I recommending them, and those doing ICOs can all look forward to arrest. It is unjust but it is reality. I am writing an article on an equivalent alternative to ICOs which the SEC cannot touch. Please have Patience.” What can we say? Mr. McAfee and show are synonyms.
Cryptocurrencies
On the daily chart, the “Flag” continuation pattern was formed. It signals the continuation of the bearish trend.
However, previously the СЕО Goldman Sachs Lloyd Blankfien announced that Bitcoin doesn’t deserve his attention and that he doesn’t use cryptocurrencies.
Cryptocurrency exchanges
Blockchain
Bitcoin $6,385 (-5.35%)
DASH $244.78 (-8%)
Ethereum $493.80 (-7.74%)
Litecoin $89.357 (-8.24%)
The British monthly GDP is announced on Friday at 09:00 MT time.
The main market tendency today is that the US dollar is rising against its major peers and riskier assets such as stocks and oil are plummeting.
The US unemployment claims are out on Thursday at 15:30 MT time.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.
The US dollar’s weakness offered a boost to emerging-market currencies and oil.
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