GKFX Financial Services Limited, the UK unit of the Global Kapital Group, filed its financials for the fiscal 2020, ending on December 31, with Companies House reporting a much narrower pre-tax loss at £2.88 million. In the previous year, this figure came in at a loss of £8.68 million. The […]

UP Fintech Holding Limited today released its unaudited financial results for the quarter ended 30 June 2021. The company saw a substantial jump in total revenue as the number touched $60.2 million, which is 98.7% higher compared to the same period in 2020. According to the results, total net revenues […]

Key Takeaways More than $300 billion was wiped out of the entire cryptocurrency market cap during Tuesday’s crash. Solana and Fantom managed to weather the storm and rebound strongly. Both cryptocurrencies have made new all-time highs, luring investors into long positions. Solana and Fantom have quickly recovered from the market’s […]

Capital.com, a multi-regulated financial services provider, today announced that the company has received an Australian Financial Services (AFS) license from the Australian Securities and Investments Commission (ASIC) to expand its services in the region. According to an official announcement shared with Finance Magnates, the regulatory approval will allow Capital.com to […]

Key Takeaways The total cryptocurrency market cap suffered a plunge after Bitcoin tumbled yesterday. The sudden sell-off was felt among almost every cryptocurrency on the market. Bitcoin and Ethereum continue to hold above support, presenting an ambiguous outlook. Bitcoin and Ethereum, alongside most altcoins in the market, have incurred significant […]

Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover which to many means […]

LiteForex, a multi-asset brokerage platform, notified its clients on Wednesday that it has put all the cryptocurrency pairs on ‘close only mode due to some technical issue with its liquidity provider. “Trades in cryptocurrency pairs are temporarily available only in the “close only” mode because of the liquidity provider’s technical […]

EGM Securities, a leading financial services provider in Kenya, recently announced that the company has formed a partnership with Sterling Capital, one of the most prominent investment banks in Kenya, to give Kenyans an opportunity to trade top-performing global stocks, indices, and commodities. In an official press release shared with […]

The Moscow office of Russia’s Federal Antimonopoly Service (FAS) announced on Tuesday that it has slapped search engine giant Google with a fine of 200,000 rubles (around $2,720) for allowing advertisements of eToro, which is not regulated in Russia. Earlier in May, the Russian authority first pointed out ‘multiple advertising […]