Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 13, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Even though I've been blogging on financial markets for several years now, it's always great to get…
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The global remittance market, the movement of funds from various diaspora across the globe back to their home country, is a mammoth market. The World Bank Group expects remittances in 2019 to grow to $715 billion, and its shear size has spawned a multitude of startups over the past two decades, eager to run circles…
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Regulated London based fintech company X Open Hub has announced that it has added 2Ring Markets' Tekton to its list of integrated platforms. 2Ring Markets is an Introducing Partner and technology provider, recently launched in Cyprus by traders. The company aims to provide technology to retail traders not normally accessible to them, without a premium.…
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A new London-based software company, Knabu, is trying to achieve what many have deemed impossible – become the eight clearing bank in the UK in 250 years and one that serves crypto firms. The company focuses on blockchain solutions for the Fintech industry and is determined to fill a serious void in the crypto arena…
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Australian brokerage and connectivity provider for Forex and CFDs services Global Prime Pty Ltd has just announced that it has joined Tradesocio, further expanding Tradesocio’s ecosystem of top-tier liquidity and tech solution providers. Global Prime specialises in building customised liquidity sourced from top-tier Australian banks, non-banks, ECNs and proprietary algorithms and provides connection to 25+…
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Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) announced that it has expanded its Swiss DOTS OTC trading platform. As an additional issuer of leveraged products in Switzerland, BNP Paribas will join the group of partners on Swiss DOTS and will add approximately 10,000 leveraged products, including warrants, knock-out warrants, factor certificates and mini futures. This…
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Two payment powerhouses have signed a letter of intent to expand crypto acceptance at merchants and businesses in Switzerland, both at retail Point-of-Sale devices, as well as at online website portals. Bitcoin Suisse has been developing the crypto market in Switzerland since 2013, while Worldline has become the leading payment and transactional service provider across…
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The founder of Tron, Justin Sun, admitted that he is one of the investors in Poloniex crypto exchange that was recently acquired by Circle. Sun initially denied the investment. While the investment came through, Poloniex is operated independently from Tron. The comment was made during a joint Tron-Poloniex event that was live-streamed via Twitter on…
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The cryptocurrency project of Facebook, Libra, has come a long way. The most important update is that the tech giant will not be launching the project until all regulatory "clearance" is over. With that, the project is currently delayed for at least 2020. However, as regulatory concerns grew stronger, some of the founding members of the…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for November 12, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everybody, It's been nearly eight months since the Bitwise report proved more than 95% of volumes in the…
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