Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 24, 2019. The text below is an excerpt and does not contain the full analysis. Everything happens for a reason, even if it's not apparent at the time. Yesterday, I posted something on twitter…
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At times, Bitcoin can be quite boring, if and when volatility drops and price points move about a significant psychological level for a few weeks at a time. This situation seems to be the case at the moment, but analysts are trying awfully hard to read more into short-term charts to determine the next possible…
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Germany's supervisor Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin has informed that the restrictions on the marketing, distribution and sale of financial contracts for difference (CFDs) to retail clients in Germany will continue to apply in future. BaFin first announced its decision back in May 2017, addressing the considerable investor protection concerns. Plus500 Ltd (LON:PLUS), IG Group…
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Estonia based Retail FX brokerage group Admiral Markets announced earlier this week that it has extended its offering with new futures CFDs that have been made available on the Admiral.MT5 account. New instruments include some of the new index CFDs that have been previously unavailable, such as the Canada 60 and South Africa 40. The…
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According to global payments provider Paysafe Group Plc (LON:PAYS)'s latest research, over half of consumers (57%) would use voice-activated technology, such as Amazon’s Alexa, to pay for low-value goods and services. One in ten (11%) have already used voice to confirm their identity when purchasing goods online. Commenting on the research, Danny Chazonoff, COO, Paysafe…
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ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 24, 2019. See details below: FOREX/ BREXIT The Pound is almost flat on the day, following yesterday’s announcement that Boris Johnson will be the UK’s next prime minister. The lack of movement could perhaps indicate resignation from the markets, facing…
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Multi-asset execution and order management systems company FlexTrade announced that FlexTRADER, the broker-neutral EMS, has just extended its integration with thinkFolio, IHS Markit’s cross-asset investment management platform. This is good news”, commented Mark Denny, Head of Trading - Global Equities, at Investec Asset Management. “We are celebrating our 10-year anniversary with FlexTrade this year and…
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The highly anticipated launch of the Bakkt Bitcoin futures trading platform took a major step forward, on schedule no less, by announcing acceptance testing for its growing list of international paticipants. What was the reaction of Bitcoin prices? They dropped five percent… ? Perhaps, it was a “sell-on-the-news” type of market reaction or possibly something…
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Robinhood is what many now know as probably one of the fastest rising and most successful unicorns of Silicon Valley - or startups that have achieved a valuation of or more than $1 billion. The "no commission" crypto broker rose to fame several years ago when it revolutionised the way people trade and the perception…
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Facebook's Libra is getting traction as the project is going full speed ahead. However, it's not only the regulatory heat that Facebook has to deal with currently. Dozens of fake accounts are now claiming to sell Libra at a discount. The cryptocurrency is not released, yet scammers are all over the place. The information comes…
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