The UK Financial Conduct Authority (FCA) has put out details of several more clone firms this week. The names of the latest additions to the regulator’s warning list are Capital Trade Fair, Perterra Funds PLC, Nautilus Indemnity, Midpoint Exchange, Magna Umbrella Fund PLC, and Best Bonds & Savings. Fraudsters are using or giving out the…
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The Fold App is a Bitcoin payment app that allows users to purchase goods such as clothes and food with bitcoin and earn some rewards for using the app. According to press, the company has just added a fiat capability feature after raising $2.5 million from prominent investors. The seed round was backed up by…
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Active week for CySEC... the regulator has just made another announcement on its official website, this time regarding the website binomo.com. According to the Cyprus watchdog, the above-mentioned website does not belong to any authorized entity in the area. The regulator has once again urged investors to first consult its official website, before conducting any…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for September 26, 2019. See details below: FOREX After big gains on Wednesday, the US Dollar is almost flat on the day, as Thursday’s European session gets under way. The main driver for yesterday’s gains was of course hopes on the trade…
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Mysteries can be fun or evil, but you never get to pick beforehand. Bitcoin and altcoin hodlers are in shock. Their favorite digital assets have suddenly cratered for no oddly apparent reason, leaving everyone groping for the truth about who bombed the crypto train? Bitcoin had been coasting along at $10,000, only to plummet to…
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The International Monetary Fund's (IMF) Board of executive directors announced on Wednesday that it has approved Kristalina Georgieva to be its next leader effective October 1. The Bulgarian economist will take over from Christine Lagarde, who has been selected as the next president of the European Central Bank. This is what she shared in a…
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The SEC is still pondering upon the the approval of multiple Bitcoin ETF proposals. The latest one, as Leaprate reported several days ago, is coming from Wilshire Phoenix. A decision on the Wilshire Phoenix application is due late in September, but a delay is expected. Yesterday, it became clear that the SEC has started a…
Read moreThe SEC announced on September 23rd that it is bringing new charges in New York-based multimillion dollar boiler room schemes. The allegations state that Benjamin Conde arranged the manipulation of millions of shares of the company Renewable Energy and Power Inc., an action which resulted in generating $3.1 million in illegal proceeds. According to the SEC,…
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The Cyprus regulator CySEC has announced yesterday that it has decided to withdraw the CIF licence of a company named MPS Marketplace Securities Ltd. The licence is suspended in whole as there are suspicions of an alleged violation of section 10 of the Law and the section 93(1) of the Regulation. According to the regulator,…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for September 25, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, A sudden wave of fear came over the crypto markets last night as bitcoin and all the…
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