Even as the entry barriers into the crowded market for business-to-business payments are significant, new players are stepping in to tap into this lucrative segment.…
Posts published in December 2020
Exclusive: Tickmill Launches Futures Trading on CQG Platform
London-based brokerage firm, is expanding its product portfolio with the launch of futures trading to capitalize on the growing popularity for such instruments outside their traditional…
Greenback Firms After US Stocks Sink
The US dollar firmed by the end of Wednesday’s trading session, trimming losses against some peers and erasing them completely against others. Market analysts pointed at the slump of the US stock market as the likely…
Euro Soft Ahead of ECB Monetary Policy Meeting
The euro was soft today, falling against almost all most-traded currencies. The only exception was the New Zealand dollar, which failed to maintain the intraday rally versus the euro. While domestic…
Canadian Dollar Mixed After BoC Keeps Monetary Policy Unchanged
The Bank of Canada held a monetary policy meeting today and announced after its conclusion that the policy remains unchanged. The Canadian dollar was not demonstrating a clear trend after the announcement, falling…
Brazilian Real Weakens Against US Peer on Higher Inflation
The Brazilian real weakened against multiple currency rivals in the middle of the trading week, driven mostly by higher-than-expected inflation last month. Investors are also…
US-based financial services company, Robinhood has selected Goldman Sachs to lead the process of an initial public offering (IPO) with an expected valuation of more…
Seoul Police Indicted Coinbit Executives for Market Manipulation
The Seoul Metropolitan Police Agency has officially brought charges against the chairman of local crypto exchange, Coinbit and two other unnamed executives for manipulating the…
Coinbase UK 2019 Turnover Slides 38%, Hurts Profits
Coinbase UK, the London-based subsidiary of the leading American crypto exchange, has published its annual financial details for 2019, showing a 38 percent decrease in…
Latin America Reports Surge in Bitcoin Trading
LocalBitcoins, a peer-to-peer bitcoin marketplace recently announced its biggest markets in 2020. Venezuela and Colombia have accounted for more than 23% of the total bitcoin…