Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. Despite Fed […]

Oaktree Capital’s Howard Marks has warmed up to bitcoin. He admitted that he had a knee-jerk reaction to the cryptocurrency and dismissed it too soon. Since then, the price of bitcoin has risen tenfold as demand for the cryptocurrency soars among retail and institutional investors. Howard Marks Changes Stance on […]

Key Takeaways The head of IOHK revealed the rollout plan for the upcoming Alonzo hard fork. Following the announcement, ADA’s price shot up by more than 17.50% and could be heading to retest previous all-time highs. On-chain metrics reveal there is not any significant resistance level ahead of Cardano. The […]

Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will participate in the process. Beijing […]

The price of bitcoin dropped around 8% during the last seven days, but prices started to improve during Friday’s mid-afternoon trading sessions. Today, bitcoin is swapping for prices between $54,400 to $54,800 per unit and commands a $1.02 trillion market valuation. The overall market capitalization of all 8,500+ coins in […]

In a crowded market of trading platforms, many small brokers are aggressively scaling their operations up, especially after the demand surge last year. UK-based Zenfinex, which was founded in 2017 by industry veteran Nick Cooke, is aiming high to tap new international markets. In a chat with Cooke, Finance Magnates […]

Key Takeaways XRP holders are growing overwhelmingly bullish. The sudden change in sentiment is likely related to a new turn that the SEC v. Ripple case has taken. Large whales have gone into a buying spree in anticipation of a positive resolution. A new turn in the SEC v. Ripple […]

Key Takeaways Elon Musk stole the crypto spotlight after announcing that Tesla’s customers can now make purchases using Bitcoin. Market participants seem to have reacted positively to the news as BTC gained over $2,000 in market value. According to a prominent technical analyst, the cryptocurrency’s utility will play a vital […]

New Zealand’s Financial Markets Authority (FMA) has flagged some of the advertising statements used by Rockfort Markets, a licensed derivatives issuer, and ordered to remove or amend the misleading statements. Rockfort Markets, which offers trading services with CFDs in forex, shares, and several other asset classes, failed to present a […]

Polish regulators have given their backing to OANDA’s proposed acquisition of Dom Maklerski TMS Brokers SA, aka TMS Brokers. The Canadian-headquartered brokerage firm said the deal has been unconditionally approved by the Polish Financial Supervision Authority earlier on Tuesday. Looking Forward to Meeting You at iFX EXPO Dubai May 2021 […]