The dust is beginning to settle from last week’s demolishment of Bitcoin’s valuation, and the time is now right for respected analysts to speak up on its behalf, since the all-important Bitcoin narrative needs a boost at this time. One analyst, who has never shied away from speaking glowingly about Bitcoin’s prospects, has been Tom…
Read moreWhile the SEC is pondering whether to grant the existence of a Bitcoin ETF, it is not wasting time in charging the cryptocurrency industry, where appropriate. The financial regulator has fined the blockchain company Block.one for unregistered ICO. The fine was $24 million. According to the SEC, the ICO raised billions of dollars in digital…
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Fintech software provider of financial solutions TechFinancials Inc (LON:TECH) has today provided the market with another update relating to the sale of its shareholding in MarketFinancials Limited (MF). The Company has agreed to extend the completion date of the conditional Share Purchase Agreement to sell its entire holdings in MF, a non-core loss-making asset, for €100,000…
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The UK Financial Conduct Authority (FCA) has put out details of several clone firms this week. The names of the latest additions to the regulator’s warning list are EpicXOption and FinancialClaimsuk.co.uk. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: EpicXOption (clone of an…
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The Dubai Gold and Commodities Exchange (DGCX) has just released its quarterly volumes report and the results is a record-breaking performance. The exchange has registered its best quarter since inception with over 7.98 million contracts traded in the third quarter of 2019, with over 2.37 million contracts traded in September, valued at USD 41 billion.…
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The Capital Markets, Insurance and Savings Authority, and Israel Security Authority announced earlier this week that they have signed an MoU for collaboration on FinTech issues with the Croatian Financial Services Supervisory Agency (HANFA). The agreement aims to support Fintech companies in both countries and to enable information sharing regarding this fast-developing domain. The MoU…
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Fintech company Integral just released its volumes report for the month of September 2019. The firm reported average daily volumes (ADV) across Integral platforms totaled $37.3 billion last month. Integral have announced a 10.4% rise YoY in monthly ADVs for September 2019. Despite a continually punishing landscape for FX volatily the firm also saw a…
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TradingScreen (TS), the multi-asset order and execution management system (OEMS), has just announced its partnership with the Royal London Asset Management (RLAM). The latest agreement aims to drive better returns for investors. RLAM will now be able to trade across multi-asset classes within its £130 billion portfolio via one centralised platform, and will also benefit from…
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Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of September 2019. You can see the highlights below: FX Daily Futures contracts (Click 365) The total trading volume of FX Daily Futures contracts (Click 365) was 1,678,016 ( -43.6% MoM / -20.4% YoY ) and its average daily trading volume was…
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“It was the best of times, it was the worst of times.” Unfortunately, the latter phrasing applies to this last quarter for Bitcoin, its first negative quarter of the year and, by far, a shock to crypto enthusiasts across the globe. BTC is hovering about $8,300, a 23% loss for Q3, but on a positive…
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