The Cypriot financial regulator, CySEC, announced on Thursday about its decision to withdraw the Cyprus Investment Firm (CIF) license of Stocks Forex AF Ltd, the company that operated the Forex4group brand. The regulatory decision was taken following the request of the company to renounce its CIF license as it has […]

Key Takeaways Bitcoin dropped to lows of $30,000 on Coinbase, dipping as low as $28,500 on some derivatives exchanges like BitMEX. Many lowe-cap coins crashed around 50% from daily opening due to large-scale liquidations. On-chain analysis suggests that long-term investors are bullish despite the crash. Bitcoin’s 30% plunge yesterday echoed […]

Admiral Markets UK Limited, the wholly-owned subsidiary of Estonia-based Admiral Markets AS, reported an annual profit of £730,257 for the 2020 financial year ending on December 21. The net profit for the year is 90 percent higher than the previous year. The revenue of the UK company jumped to more […]

While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to […]

Day one of iFX EXPO Dubai is officially in the books, marking the first return of physical events in two years at the Grand Hyatt Dubai Convention Centre. Organized by Ultimate Fintech, the long awaited iFX EXPO is taking place between 19-20 May 2021, welcoming attendees from around the globe. […]

Bitcoin and a slew of digital assets have seen massive drops in value during the last few days, while the top two leading crypto assets bitcoin and ethereum have been battling for market supremacy. This week, bitcoin’s towering dominance over the crypto economy has dropped to a three-year low tapping […]

Saxo Bank’s digital investing arm, Saxo Markets, is launching trading services with three cryptocurrencies: Bitcoin, Ethereum, and Litecoin. Traders will be able to trade crypto and other assets from a single margin account. Wednesday’s official announcement detailed that the Danish broker will offer the crypto trading services against the US […]