Top News:
✓ Ripple rose 20 percent to a record high of $1.43, making it the third-largest cryptocurrency by market capitalization at $54 billion. The gains followed news that Tokyo-based financial services company SBI Holdings and its subsidiary SBI Ripple Asia announced the establishment of a “consortium” with some Japanese credit card companies to utilize blockchain technology;
✓ The Bitcoin price dropped 11% on Thursday as South Korea moves to regulate cryptocurrency trading;
✓ The new restrictive curbs, introduced by South Korean authorities, will include a ban on opening anonymous cryptocurrency accounts to crackdown on money laundering and financial fraud;
✓ A closer look at the SegWit2x (B2X) project reveals that it is not attempting to upgrade the Bitcoin protocol but rather create yet another altcoin that trades on the Bitcoin brand;
✓ Netflix and Facebook could be the best so-called FAANG (Facebook, Apple, Amazon, Netflix and Google-parent Alphabet) stocks for investors at the start of the year. These stocks have seen big rallies this year;
✓ Gold prices hit a one-month high on Thursday as weakness in the dollar supported the precious metal;
✓ The dollar reached its lowest level in a month versus the euro on Thursday after benchmark U.S. Treasury yields fell by the most since September on Wednesday. The dollar was on track for an almost 12 percent decline this year versus the euro, its worst performance since 2003.*
* Information source: bloomberg, cryptocoinsnews, cnbc, coinmarketcap, investing (US Dollar Index Futures as of 10:41:15 GMT)

This is autogenerated content from IQOPTION Facebook official news. We are not responsible for this content. The news source link is below: