As crypto prices continue to fall, the news coming in from the industry is still resoundingly good.
Positive developments on the ground are being announced at a rapid rate. The most intriguing IMHO of which has come from Microsoft.
Without getting too technical, this new enterprise-ready product is about to make it a whole lot easier for organizations and corporations to build decentralized applications in a comfortable environment.
Perhaps the best part is that this not only signals that Microsoft who, after their recent purchase of Github, is now the main powerhouse for new technological developments is increasing their blockchain compatibility, but that they’re doing this directly on the Ethereum network.
In the meantime, Ether is trading at it’s lowest prices of the year. Hot diggity!
Today’s Highlights
Traditional Markets
Another day, another market moving headline from the US President. This one seemingly harsher on Russia than Trump is used to
Even though Putin’s people have denied the allegations, US intelligence has concluded that it was indeed the Russian government behind the nerve-agent attack in the UK, prompting a response that could very well escalate over the next few months.
The Ruble has opened up this morning on the wrong side of the 65 handle. Here we can see the USDRUB over the last few years. 2017 was remarkably stable but the RUB does seem to be losing ground so far this year.
(Note: The chart shows USD strength, so an upward movement indicates a weaker Ruble)
Kiwi doing the opposite of flying
The New Zealand Dollar (aka: the Kiwi) took a hit last night due to some rather dovish manoeuvring by her handlers.
Even though the economy is doing quite well, the Royal Bank of New Zealand has opted not to follow in the footsteps of its US counterpart saying that…
