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U.S. to introduce license regime for new stable coins

A new bill has been introduced to US Congress – a bill targeting stable coins like Facebook’s Diem (that used to be called Libra). The bill is called Stablecoin Tethering and Bank Licensing Enforcement Act and is proposed by Rashida Taib (D, Michigan), together with Congressman Jesus García and Step...

Re: EUR/USD

The pair has formed a shooting star candlestick at 1.2180 on the daily time-frame. Normally that is a signal for a move south, but the pair remains bullish for now. The new daily candlestick looks like a hanged man but it hasn't closed yet, so we will have to wait and see how it develops.

Facebook’s Libra Association Changes Name to “Diem”

The Libra association is changing its name – Libra is no more, welcome Diem. Diem means “day” in Latin – the association seeks for this to be a fresh start before the currency launches in early 2021. Back when Facebook first announced Libra it was supposed to be a stablecoin backed by various curre...

Re: EUR/USD

Hi. I hope you have found my comments helpful.
As for what type of trader I am, I am mostly a day trader, I don't like holding positions open for a long time unless I am seeing a very obvious impulse.

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