Last week, CoinGeek covered how China banned Bitcoin—even more this time—and discussed some of the consequences the ban would have. Make no mistake; this ban is a lot stricter than the previous restrictions out of China. It declares all digital currency transactions illegal and outright bans transactions to overseas exchanges. […]

The price of Litecoin (LTC) has resumed its downward trend. The LTC price broke through the previous low twice to resume selling pressure. First, the bears broke the previous low, but the LTC price pulled above the support. However, the upside move was short-lived as the uptrend was rejected at […]

Marex announced today that it has agreed to acquire Volcap Trading to expand the group’s products offering and commodities business. Marex termed the acquisition as a ‘good fit’ for both businesses. In an official announcement, the company mentioned that Volcap will remain under the leadership of Nathan Van Paesschen and […]

IHS Markit (NYSE: INFO) has published its financial results for the third quarter of 2021, which ended on August 31, reporting a healthy year-over-year surge of 9 percent in revenue. The company generated $1.181 billion in revenue in the three months. However, the net income of the company came in […]

Running a business will demand a lot from you. It will be no walk in the park. Even after doing everything right, you may still not be successful. From the sleepless nights to the financial sacrifices to the massive losses. Nothing can prepare you for what you will encounter. Therefore […]

Digital assets financial services platform Matrixport has announced a new feature that enables crypto long term investors to confidently accrue and ‘hodl’ Bitcoin and Ethereum regardless of market momentum or volatility. Called ‘Auto-Invest,’ the new feature enables users to utilise a dollar-cost-averaging (DCA) strategy to accrue Bitcoin or Ethereum at […]

The history of the world is full of revolutions and we can proudly say that today we are watching another one. Crypto is a digital currency that can be traded online for almost everything. Crypto was invented in 2008 by Satoshi Nakamoto, who is an anonymous person or maybe a […]

Gold-i, a fintech firm offering trading systems integration solutions for the financial services ‎industry, has created two new senior development roles and promoted two existing employees, Dr. Syed Ashar Akhtar and Mo Alshanteer, to them. According to the press release shared with Finance Magnates, Dr. Akhtar has been promoted to […]

DeFi is growing fast, and PARSIQ is aiming to become a key part of the movement. The Rise of DeFi The world is witnessing the birth of a new era in the world of global finance. Blockchain, and all that its technologies enable, will evolve to become the de facto […]

The United States Internal Revenue Service continues to propose new tax reforms to regulate the crypto investments in the U.S., with the latest notice sharing tax obligations for the marijuana industry. The notice, signed by IRS Small Business/Self-Employed Division Commissioner De Lon Harris, reflects the priorities of the United States […]