X-Trade Brokers, known by its trade name XTB, is gearing up to expand its international operations and is aiming to enter the United Arab Emirates as soon as the first half of this year. “We are very close to launching operations in the United Arab Emirates. Our intention is to […]
The Biden administration has revealed plans to raise taxes on investors who are millionaires according to a flurry of recent reports. President Joe Biden wants to overhaul the U.S. economy in order to help fund American childcare and education. Biden’s proposal will almost double the current capital gains tax rate […]
Key Takeaways SynthetixDAO has voted to create new synthetic stocks that track the price of leading tech stocks. Those stocks are called FAANG stocks, short for Facebook, Amazon, Apple, Netflix, and Google. The trading platform will reward users who add liquidity to its Balancer pools by paying out SNX tokens. […]
OctaFX has bolstered its promotional campaign in India with the signing of the latest sponsorship deal with Indian domestic cricket team, Delhi Capitals, the forex and CFDs broker announced on Friday. Delhi Capitals is a franchised cricket team of the Indian Premier League, which organizes a domestic 20-20 cricket league […]
Key Takeaways Ethereum hit a new all-time high of $2,575. The bullish impulse seems to be fueled by a large number of whales that bought ETH at a discount. Further buying pressure could see Ether replicate Bitcoin’s price action and rise to $4,300. Ethereum has risen to a new all-time […]
Key Takeaways Bitcoin lost the 50-day moving average as support for the first time in seven months. Ethereum is contained in a no-trade zone, with no clear signs for traders. XRP holders book profits, triggering a 44% correction. The crypto market recently experienced one of its most severe flash crashes, generating […]
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to […]
EGM Securities, a subsidiary of Equiti Group, announced today that the broker will offer derivative contracts on the Nairobi Stock Exchange (NSE). The new NSE derivatives will enable investors to start trading in less than 5 minutes due to an efficient onboarding process, compared to the current average processing time […]
Key Takeaways Bitcoin crashed by nearly 15% within minutes on Sunday, Apr. 18. The sudden downswing generated over $9 billion in liquidations. Given the current state of the market, investors may be more inclined to buy than to sell at the current price levels. Bitcoin prices fell today in one […]
The Ultimate Fintech Awards 2021 have brought out the competitive side of brokers and traders. The published results will provide traders with a high standard of brokers for their region, language, platform, instruments or partnership requirements. Looking Forward to Meeting You at iFX EXPO Dubai May 2021 – Making It […]
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