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Microstrategy Inc. is selling up to $1 billion of its common stock, MSTR, with the aim to use some of the net proceeds to buy bitcoin. The Nasdaq-listed company also recently completed a $500 million secured notes offering and will use the proceeds to acquire bitcoins. Selling MSTR Stock to […] CFI Financial Group has inked a major sports sponsorship deal with the national basketball team of Jordan, the forex and CFDs broker announced on Tuesday. Under the terms of the deal, CFI has become the exclusive trading partner of the Jordanian basketball team and the broker’s logo will be featured […] Nigerian Finance Minister Zainab Ahmed has denied widespread reports that the Central Bank of Nigeria (CBN) had sanctioned the devaluation of the local currency sometime in May 2021. Instead, she attributes the naira’s fall to the “volatility in the oil price.” Ahmed’s remarks come just a few weeks after the […] The Lebanese pound dropped to a new low on Sunday against the greenback trading in the low 1,500s range to the U.S. dollar. Lebanon’s currency has been in a downward spiral since 2019, as the pound has lost 90% of its value since then. Reports note that Lebanese citizens are […] TMGM, a Sydney-headquartered forex and contracts for differences (CFDs) broker, announced on Thursday that it has received a new regulator license from New Zealand’s Financial Markets Authority (FMA). In the press release shared with Finance Magnates, the broker detailed that its new license has been added as a part of […] The Ultimate Fintech Awards 2021 embodied the competitive spirit of the trading sector. Brokers have battled it out for their coveted titles and to win their place on The Ultimate Fintech Leaders List. Awards in the finance sector are significant because they help to: Instil Trust in Traders Recognise special […] Bloomberg Intelligence senior commodity strategist Mike McGlone believes bitcoin is “more likely” headed for $40K instead of $20K after discussing the possibility of capitulation in a recent tweet. McGlone’s opinion follows a number of predictions that say bitcoin could drop to the $20K zone if there’s more pullback in the […] Equiti, a leading multi-asset financial services provider, announced today that the company has introduced the industry-first fully integrated prepaid Mastercard for seamless payments. According to an official press release shared with Finance Magnates, Equiti has launched a prepaid card mobile app linked to the trading accounts of the company’s traders in […] Deutsche Bank published a report Monday noting that the United States is facing “the very real specter of consumer-driven inflation.” The bank’s chief economist David Folkerts-Landau and others notably highlight the Federal Reserve’s monetary easing policy and recent tolerance toward higher inflation. Deutsche Report: ‘Transitory Inflation Could Feed Into ’70s […] Key Takeaways The Bank of England has suggested implementing banking rules for stablecoins in an official document published Monday. The paper details the bank’s view on stablecoins and other digital currencies. It raised concerns around the bank losing control over savings deposits and traditional payment channels. England’s central bank has […]Microstrategy Selling up to $1 Billion of MSTR Stock to Buy Bitcoin – Markets and Prices Bitcoin News
CFI Financial Becomes Sponsor of Jordan’s National Basketball Team
After Central Bank Devalues Naira by 5% Finance Minister Attributes Drop to 'Market Forces' – Economics Bitcoin News
Lebanese Economy Crashes to New Lows – In Less Than Two Years Nation's Currency Lost 90% Against the US Dollar – Economics Bitcoin News
FX and CFDs Broker TMGM Secures FMA License in New Zealand
Ultimate Fintech Awards 2021: Winners Announcement!
Commodity Strategist Mike McGlone Says $40K BTC Target 'More Likely' Than $20K – Markets and Prices Bitcoin News
Equiti Introduces Prepaid Mastercard for Seamless Payments
Deutsche Bank Warns: Ignoring Rising US Inflation Akin to 'Sitting on a Time Bomb' – Economics Bitcoin News
Bank of England Says Stablecoins Should Be Regulated
