CLS Group, a major foreign exchange settlement provider, published some of its key trading metrics for May, showing a jump in demand across all offered FX products. The platform offers services with FX spot, FX forward, and FX swap instruments. The average daily trading volume for the month came in […]

Bitcoin, the world’s most valuable digital currency, dropped below $32,000 on Monday after a correction of approximately 20% in the last seven days. In addition to its price dip, the network activity of Bitcoin has dropped substantially in recent days. According to the latest on-chain analysis report published by crypto […]

It is hard enough to produce a solid track record and to generate consistent profits as an FX trader, so why make it harder on yourself? It’s my opinion that, for a long time, FX industry regulations were grossly inadequate, as the regulators seemed unprepared to protect its most vulnerable […]

Jim Cramer, the host of CNBC’s Mad Money, announced he has liquidated nearly all of his Bitcoin (BTC) holdings. Speaking on June 21 during an interview with CNBC’s Squawk Box on the Street, Cramer asserted that BTC is ”not going up because of structural reasons,” highlighting China’s renewed regulatory clampdown. […]

The Bank of Israel has reportedly already issued a central bank digital currency through a pilot test of a digital shekel. According to a Monday report from the Jerusalem Post, Bank of Israel deputy governor, Andrew Abir, said the financial institution had started to conduct a pilot program for a digital […]

Bitcoin price action is back in the low $30,000 range, after another failed attempt to reach $40,000 over the Father’s Day weekend. The effort from bulls is getting weaker and weaker, even now resulting in a “death cross” on daily timeframes. But could they be simply feigning weakness, ready to […]

The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association  According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry […]

Every worthy cryptocurrency has some inherent benefits users derive from it (use case), and the same applies to JAX coin. This stablecoin offers a lot of benefits to users. Some cryptocurrencies help users generate income, engage in a transaction, etc. In the case of JAX, we will look into its […]

Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares.  Outflows from digital asset investment products totaled $79 million last week, marking the third consecutive weekly decline and the longest stretch of drawdowns since February […]

France’s central bank stated that it completed a new central bank digital currency (CBDC) experiment in collaboration with Switzerland-based cryptocurrency bank, SEBA.  Banque de France Partners with SEBA for CBDC Experiment  Banque de France made the announcement via a press release on Monday (June 21, 2021). According to the central […]