UK-listed Plus500, an FX and CFDs broker, started to repurchase its ordinary shares under the new buyback scheme, which was announced on Wednesday. The broker bought 34,054 ordinary shares under the new scheme on February 18, according to its latest London Stock Exchange filing, only a day after the new […]
Key Takeaways Ethereum (ETH) sits at a pivotal point of $1,940 that may see its price break out in an upward direction. Mounting upward pressure supports this bullish outlook. A 4-hour candlestick close above the $2,000 mark could push Ethereum prices to $2,700. Buy orders have continually piled up behind […]
Robinhood CEO Vlad Tenev has testified today before a House committee as lawmakers dig into the no-fee app’s role in the GameStop mania. The CEO of millennium-geared brokerage has denied speculation that he was pressured by hedge funds to halt trading in GameStop and other stocks. In a prepared testimony, […]
Key Takeaways The Shiba-Innu themed meme cryptocurrency has started to compete with Litecoin and Bitcoin Cash. The total transaction fees on DOGE have surpassed LTC and BCH. While Dogecoin’s inflationary tokenomics will likely curtail long-term growth, short-term upswings may be coming. Dogecoin mining rewards along with transaction volumes are now […]
Hong Kong’s Securities and Futures Commission has issued further notices to local brokers, instructing them to freeze certain accounts as it suspects they were used for manipulating the shares of listed companies. The latest regulatory crackdown targets 54 trading accounts held at 13 brokers, who were ordered not to deal […]
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use to measure today’s salaries. […]
Residents of Zug province, Switzerland, can now pay their taxes in Bitcoin and Ethereum. Bitcoin Suisse will convert the crypto to Swiss francs upon payment. Adding 100,000 Residents to Crypto Valley Tax Program The Zug blockchain haven in Switzerland, popularly known as Crypto Valley, has passed a new law to […]
Conotoxia Holdings, an operator of Cinkciarz.pl and a few other Conotoxia brands, announced on Thursday its intentions to become a public company after ending 2020 with an exceptional surge in revenue. The group company’s business spans over a wide range of services, including currency exchange, money transfer, forex cards, and […]
The United Kingdom’s Financial Services Compensation Scheme (FSCS) announced on Thursday that it has paid over £56.3 million in compensation to 2,878 bondholders of collapsed London Capital & Finance (LCF). The compensated bondholders of the minibond provider held 3,815 LCF bonds. This followed the previous update about the compensation, which […]
Key Takeaways Bitcoin has pushed prices to a new all-time high of $52,800. Prominent investors warn of a potential correction, while whales continue accumulating BTC at a substantial rate. As BTC’s supply on cryptocurrency exchanges is depleted, its downside potential is being reduced. After a year-to-date return of over 80%, […]
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