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The price of bitcoin has dropped from a $64,000 all-time high in mid-May to a $30,000 low and recovered shortly after. The cryptocurrency has since been trading between $30,000 and $40,000 since and its reduced price and volatility have taken a toll on trading volumes. According to CryptoCompare’s June 2021 […] A joint committee of the BIS Innovation Hub, the International Monetary Fund (IMF), and the World Bank has proposed keeping interoperability in mind while designing central bank digital currencies (CBDCs) to foster the growth of cross-border payments. Interoperability Between CBDCs Several leading international financial officials want to make sure that […] Zenfinex Limited, which was founded and headed by industry veteran Nick Cooke, released its annual financials for ending on November 30, 2020, giving some insights into the company’s business. The latest Companies House filing detailed that the turnover of the retail broker for the year came in at £17,281, while […] Pepperstone Limited, the UK subsidiary of the namesake global brokerage group, reported a significant jump in its revenue as well as profits in the financial year ending on June 30, 2020, according to the latest Companies House filing. Revenue generated from the activities of its retail and professional clients went […] After a long break, monthly purchasing data shows that central banks are buying gold again. The World Gold Council says throughout March and April, the organization recorded a higher level of central bank monthly gold purchases and the latest data from May shows the exact same trend. Gold Rises After […] The Cyprus Securities and Exchange Commission (CySEC) announced on Tuesday that Coverdeal Holdings Ltd., which terminated services last year, is no longer a member of the Investors Compensation Fund (ICF). The Cypriot regulator offers up to 20,000 euros protection to the deposits of all traders under any locally regulated financial […] PancakeSwap’s CAKE token has seen a surge after the exchange completed its weekly token burn, reducing the supply of tokens by 5.3 million. It jumped 11% before cooling off early Tuesday. CAKE Climbs Following Token Burn CAKE looks to be following other DeFi projects putting in double-figure gains this week. […] Integral, a leading foreign exchange (FX) technology provider, today announced that GoDoFX, a Dubai-based retail brokerage, has selected Integral for FX and CFD trading technology. According to an official press release shared with Finance Magnates, GoDoFX is planning to facilitate clients through the latest institutional-grade technology from Integral. Founded in […] Cyprus-based Libertex has become the latest broker to add MetaTrader 5 (MT5) to its offerings for European clients, thus further expanding support for its trading services. Announced on Monday, Libertex will offer both demo and real accounts on the MT5 platform. It has become one of the many brokerages to […] While the American economy witnesses small business failures across the nation, historical unemployment rates, major issues with the supply chain, countless product shortages, and the cost of goods and services inflating, the stock market continues to rally. The CEO of the Forward Thinking Group UK, Neil McCoy-Ward, thinks the current […]Cryptocurrency Trading Volumes Plunge as Prices and Volatility Stall
BIS, IMF, World Bank Planning for Interoperable CBDCs
UK Broker Zenfinex Invests Heavily in Tech and Infrastructure in FY20
Pepperstone UK Doubles Revenue and Profits in FY2020
Gold Spikes Higher as Fed's Minutes Report Looms, Central Bank Bullion Purchases Begin to Swell – Economics Bitcoin News
CySEC Withdraws ICF Membership of Coverdeal Holdings
PancakeSwap Soars After 5.3 Million CAKE Burned
UAE-Based GoDoFX Picks Integral for FX and CFD Trading Technology
Libertex Starts Offering MT5 Trading Platform to European Clients
Share Buyback Magic: Financial Forecaster Says Stock Market Rally Is All 'Smoke and Mirrors' – Economics Bitcoin News
