Rostislav Solod, a young Ukrainian politician turned out to be a crypto after he declared $24 million in privacy coin Monero. Solod is the son…
Bears Might Put Pressure from 1.7132 on GBP/CAD
The Great Britain pound versus the Canadian dollar currency pair seems to be taken over by the bears. Can the bulls pull off a comeback? Long-term perspective The fall that came about after…
Ruchir Sharma, Morgan Stanley Investment Management’s Chief Global Strategist has outlined the significant competition that the current financial system is facing from bitcoin and other…
ThinkMarkets Reports £3.9 Million in Revenues for 2019, Up 20% YoY
The UK business of Melbourne-based broker, ThinkMarkets, today reported its financial results for the fiscal year ending December 31, 2019. The multi-asset platform, trading in…
CySEC Adds Six FX and Cryptocurrency Domains to Caution List
The Cyprus Securities and Exchange Commission (CySEC) updated its warning list this week to include six online platforms that offer unauthorised trading products. In the…
Fidelity Crypto Arm to Offer Clients Bitcoin-Backed Cash Loans
In yet another sign of cryptocurrency’s emergence as a store of value, Fidelity Digital Assets will allow its customers to borrow fiat loans against as…
Leverate Co-Founders’ New Startup Secures $18.6M in Funding
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.…
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…