Key Takeaways XRP has risen by more than 80% in the past 48 hours. The sudden uptick pushed its price past $1 for the first time in three years. While speculation mounts are this cryptocurrency, several sell signals are emerging in the lower time frames. Following a massive price explosion […]

ABK Holding JSC, which operates multiple brands in the trading industry, is moving to acquire London-based boutique broker, Cresco Capital Markets (UK) Ltd, known by its tradename CrescoFX, the companies told Finance Magnates exclusively. ARK Co-Founders, Murat Kutay Yildirim and Gokalp Icer have already conditionally agreed upon the terms of […]

With just over a month to go, the fintech world is counting down to the long awaited iFX EXPO in Dubai. The eagerly anticipated iFX EXPO will take place at the exclusive 5-star Grand Hyatt Hotel, Dubai from 19-20 May 2021 and will connect high-level executives in financial services and […]

JP Morgan says that bitcoin’s volatility has decreased in recent weeks, making the cryptocurrency more appealing to institutional investors. The investment bank has also revised its bitcoin price target to $130,000. Increased Institutional Adoption, New Price Prediction for Bitcoin JPMorgan said last week that bitcoin’s price volatility has been declining […]

Trade Capital Holdings (TCH), which operates brokerage brands like TRADE.com and ArgoTrade, has acquired Spanish online broker ActivoTrade, thus further expanding its investment brands, Finance Magnates has learned exclusively. Regulated by the National Securities Market Commission, locally known as Comisión Nacional del Mercado de Valores (CMNV), ActivoTrade is one of […]

While a great number of spot exchanges have seen consistent prices in a few select areas in the world, bitcoin is selling for a premium. That’s the case in South Korea right now as there’s a price gap, otherwise known as the ‘kimchi premium’ on domestic South Korean exchanges in […]

The price of ethereum tapped a new all-time high (ATH) on Friday afternoon reaching an ATH of around $2,072 around 12 p.m. (EST). Today, ethereum’s market capitalization captures 12.3% of the crypto economy’s overall $1.9 trillion market valuation. Meanwhile, as ether prices jumped over 6%, the crypto asset bitcoin cash […]

Key Takeaways Ethereum recently made a new all-time high of $2,088. The upswing appears to have been forecasted by the breakout of a symmetrical triangle. The rising interest among market participants around the current price levels suggests that Ether has plenty of room to go up. Ethereum made a new […]