The first half of 2019 has concluded in Crypto-Land, and this event has been accompanied by new research reports that delve into the hidden corners of all things crypto. Coinshares and Circle, two crypto data analysis firms, have each issued reports that purport that the amazing push behind Bitcoin’s meteoric rise during the first six…
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The U.S. Commodity Futures Trading Commission (CFTC) has announced on Friday that the U.S. District Court for the Northern District of Georgia has ordered Kevin Andre Perry and Lucrative Pips Corporation to pay $694,799. The company has been charged with defrauding clients and misappropriating nearly $700,000 from more than 50 clients in a forex trading…
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СySEC and FSC regulated Austria-based forex broker FIBO Group announced that it has launched MetaTrader 5 for web and mobile. The company's clients can now perform trading operations via any web browser, as well as MetaTrader 5 apps for Android or iOS. MetaTrader 5 web and mobile app options include: real-time quotes one-click on-chart trading…
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FX brokerage group GAIN Capital Holdings, Inc. (NYSE: GCAP), which operates the FOREX.com and City Index retail forex brands, has announced its financial results for the month of July 2019. OTC Trading Volume was $135.8b last month - a slight drop with 1.4% from June's $137.7b, but a significant plunge with 25.5% YoY. OTC Average Daily Volume dropped with 14.5%…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Profit Trading Ltd. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Thomas and Ward Advisors LLC. Thomas and Ward Advisors LLC is not authorised by the FCA but has been targeting people in the UK and is…
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Blockchain has conquered it all, there is no doubt about this. The technology has been used in multiple sectors and industries, especially in the financial world. Now, one of the world's giants in mechanics and engineering, Dürr AG, has managed to secure a loan of EUR 750m on a "sustainable base" through blockchain. The information…
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As the saying goes, “Success has a thousand fathers, but Failure is an orphan.” If anyone thought that the firestorm raised by Facebook and its Project Libra would die down, think again. There seems to be a second wave to this tsunami, as next level down technical politicos join the fray. Mark Zuckerberg, the distant…
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The crypto "unicorn" Robinhood is breaking a new ground when it comes to expansion and market penetration. The cryptocurrency trading app is now entering the European market with acquiring a license to operate in the United Kingdom. The FCA has granted a license to the company's subsidiary called Robinhood International to act as a broker…
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Bitcoin has continued its assault upon the $12,000 barrier, while expanding its crypto market share dominance to 68.8%. Its share had been 66.5% only a few weeks back, but analysts are now projecting an 80% target, as altcoins weaken and fade away. A final reckoning may be occurring, where poor use cases may finally dictate…
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