The United Kingdom’s financial watchdog has acted against Cypriot-based ICC Intercertus Capital Ltd, known by its trade name EverFX, and banned the company from offering contracts for differences (CFDs) instruments in the country. Per Wednesday’s announcement, the Financial Conduct Authority (FCA) alleged that the broker onboarded many British traders on […]
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money Stock supply skyrocketed to levels never-before-seen in history. This weekend reports disclosed that the Fed has started to taper quantitative easing (QE) when it removed $351 billion […]
Global Kapital Group (GKG), which operates multiple brokerage brands, announced on Tuesday that it has secured an Investment Dealer Licence granted by the Mauritius Financial Services Commission. The new license will ensure the expansion of the product range on GKG’s platforms and also more geographical reach, according to the press […]
Key Takeaways Goldman Sachs analysts have sent out a buy signal for Coinbase’s stock, targeting a price of $306. Crypto exchanges like Coinbase experienced record trading volumes during last week’s crypto crash. Huobi and OKex shares on the Hong Kong stock market dropped in tandem today as China’s crackdown continues. […]
Key Takeaways BTC, ETH, and most other leading crypto tokens plunged Sunday in another day of selloffs. The market faced a heavy correction this week amid fears over China’s regulatory stance on crypto. Although sentiment has turned low, it’s unclear whether the bear trend will last. The cryptocurrency bloodbath continues. […]
Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” says now that bitcoin is “crashing,” it is a buying opportunity, especially for those who said that they could not afford it before. Alternatively, he said they can “Buy coins that outperform bitcoin for pennies,” reiterating that the Fed, Treasury, […]
Crypto trader Scott Melker, also known as the “Wolf of All Streets,” says dogecoin is a good way for new investors to get into cryptocurrency. Sharing his own experience in investing in the meme cryptocurrency, he now has some advice for new dogecoin investors. ‘Wolf of All Streets’ Scott Melker […]
After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of the central bank were prepared to discuss […]
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz still believes in the long-term adoption of bitcoin. […]
Key Takeaways Bitcoin and the rest of the crypto market turned negative today as news of China’s regulatory crackdown surfaced. The government issued a statement pledging to introduce tighter crypto regulations. The Inner Mongolian province has also announced a whistleblower program for reporting on BTC miners. Bitcoin investors have panicked […]
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