Digital currency markets have been gathering gains again moving past the lows seen a few weeks ago. This week crypto traders have been discussing over-the-counter (OTC) desks bubbling with demand for bitcoin as the co-founder of 21st Paradigm explained, “high net worth individuals [and] institutions want your bitcoin.” Analyst Says […]
The average daily average volume for XRP doubled to $4.49 billion in Q2 2020 from $2.26 billion in the previous quarter, according to Ripple’s Q2 XRP Markets Report. “Notably, XRP volumes posted four of the highest volume days ever recorded.” The quarterly report gives a summary of the company’s market […]
Crypto assets have climbed in value during the last 24 hours as the price of bitcoin tapped a high on Friday, reaching $42,411 per unit at 8:00 p.m. (EDT). The entire market capitalization of all 10,000+ crypto assets is $1.64 trillion on Saturday, up over 6% during the last day. […]
Key Takeaways In an interaction with Chris Cameron of MakerDAO, U.S. legislator Ted Budd discussed stablecoin regulation. Budd said that some U.S. legislators in Congress think stablecoins pose a great threat to national security. However, Budd clarified that he did not agree with such statements and emphasized on embracing blockchain […]
FxPro, a leading online financial broker, recently announced that the company has launched weekend cryptocurrency CFDs trading to facilitate clients. The mentioned option will be available on FxPro Edge CFD, FxPro MT4 and FxPro MT5 accounts, starting from Saturday, 31st July. According to an official announcement, FxPro introduced 24/7 trading […]
AT Global Markets UK Limited, better known as ATFX UK, has published its financial results for the year ended on October 31, 2020, reporting a solid jump in trading volume and revenue. As per the latest Companies House filing, the broker generated a turnover of more than £3 million, which […]
XTB, a Polish forex and CFDs broker, published its interim results for the second quarter of 2021, ending on June 30, reporting a net loss after several quarters. According to the official consolidated data, the broker ended the quarter with a net loss of PLN 23.8 million, which is down […]
Key Takeaways XRP is up by more than 40% this week, recently reaching a high of $0.75. Most of the buying pressure appears to be coming from retail investors, while whales have been exiting their positions. While prices could rise to $0.95, investors must be prepared for a bull trap. […]
Eurotrader Group announced that it has gained a license from the South African regulator for its locally formed entity, Eurotrade SA (Pty) Ltd, as the brokerage is pushing for further expansion. Services under the new entity will be offered from the newly acquired eurotrader.com domain. The brokerage primarily offers its […]
Key Takeaways Cardano remains stagnant despite breaking out of a descending triangle. The $1.33 resistance level has proved to be significant for ADA’s trend. Only a daily candlestick close above this barrier could see prices rise to $1.91. Cardano has broken out of a consolidation pattern, but it’s lacking the […]
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