The following article was submitted by Tamara Backovic, Content Specialist at fortunly.com. Bitcoin has been teeming with potential since the day it was rolled out. Of course, the timing of its introduction helped, giving humankind a promising alternative to the fundamentally broken fiat money at the height of the 2008 financial crisis. Many people around the world…
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New Zealand Financial Markets Authority (FMA) has yesterday added one more names to its list of unregulated firms and suspected scams. The latest addition is the company Halsted Holdings Limited. Halsted Holdings Limited's trading name is Selected Markets. The company is operating via the website www.selectedmarkets.com. According to the regulator, Selected Markets could be involved…
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The Cyprus Securities and Exchange Commission (CySEC) issued a warning yesterday of fraudulent messages sent by City Group Italy Banking Group. The company uses the logo of CySEC and claims to have been authorized by the Italian supervisory authority (CONSOB) to recover investments lost in online trading under “Investor Compensation Fund” act. The content of…
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Digital currencies and distributed ledger technologies (DLT) have been faced with continuous change and fluctuation in their legislative environment in recent years, Forbes reports. Electronic money was not always as popular as it is today upheld only technologists and Libertarian in the beginning. This changed as cryptocurrencies and blockchain technology spiked interest and powered up…
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Liquid, a Japanese cryptocurrency exchange, is introducing Bitcoin perpetuals with 100:1 leverage ratio. The exchange is the latest one that is adding the Bitcoin product to its platform. The difference between futures and perpetual contracts is that unlike futures, perpetuals do not have an expiry date. As stated by Liquid, a perpetual contract also does…
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The cryptocurrency industry may be gaining worldwide recognition from top regulators and financial institutions. The global community, represented at WEF 2020, seems to be warming up to the crypto industry and steps are now taken to shape the sector and help it grow. The 2020 World Economic Forum that took place in Davos announced the…
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MetaQuotes Software has launched a free calendar of macroeconomic events for the fundamental market analysis back in 2018. Since then, Tradays calendar has expanded geographically, adding the countries Germany, France, Spain, Italy to the app. The most recent additions include Brazil, Hong Kong, Singapore and South Korea. The application for the fundamental market analysis now features 42 indicators of South Africa having the…
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The financial regulator in Singapore, the Monetary Authority (MAS) has just announced the introduction of the Payment Services Act (PSA), which aims to serve as the new regulatory framework for cryptocurrency payments. The new framework will promote and boost the consumer confidence in transaction with digital assets, believes the regulator. The legislation was passed in…
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Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 28, 2020. Global markets sank heavily on Monday as more cases of coronavirus were confirmed over the weekend, with the total number of confirmed cases in the US hitting five. All three major US indices fell…
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ActivTrades’ Market Analysts prepared their daily commentary on traditional markets for January 28, 2020. This is not a trading advice. See details below: FOREX The pound is displaying weakness against both the euro and the dollar, having lost almost 0.4% against both currencies during the early part of Tuesday’s trading session. Investors’ apprehension over there…
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