The Cyprus regulator (CySEC) announced that it has decided to suspend the Cyprus Investment Firm (CIF) authorisation of the company AFX Capital Markets Ltd. The above decision was reached as the aforementioned alleged violation causes concern and risk relating to the protection of the Company’s clients or of the investors and constitutes a threat to…
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Last week may go down in history as a major turning point for Bitcoin. Attacks were coming from every quarter, as government ministers took aim at Project Libra, Facebook, and by association, Bitcoin and its altcoin brethren. Two weeks back, BTC had risen above $13,000, but Jerome Powell, the chair of the Fed, spoke negatively…
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The following article is courtesy of Nikolas Papas, Market Strategist, InvestingCube.com and ATFX. The Facebook (NASDAQ:FB) stock price increased by almost 55% this year and erased all of its 2018 losses; despite the growth of Facebook decelerated as legal costs and higher investments pressured its earnings, but the Instagram expansion largely offset those worries. On…
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Specialist provider of desktop and mobile e-trading technology, Caplin, has just announced that it has now added cryptocurrencies to its range of technology components for multi-asset trading. Caplin's platform combines features demanded by institutional traders such as volume ladders, watchlists, and Request For Quote or Request For Stream. It also utilises modern mobile multi-factor authentication,…
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Bitcoin whales are up again. At the end of the week, bitcoin whales have reportedly moved over $380 million in less than three days. While "whale activity" is quite common especially for the top five cryptocurrencies, no other digital currency even comes close to the amounts moved by Bitcoin "giants". The top five transfers were…
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Steve Wozniak, or as many call him, The Woz, has recently joined an energy efficiency company that develops its product on blockchain. The company is based in Malta. Wozniak announced that he has joined the so called EFFORCE project - a project that allows investors to back up energy efficiency startups around the globe and…
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The cryptocurrency world works in a strange way. Back in 2016 and 2017, it didn't matter if your company was actually involved in blockchain. Only one thing mattered for you to succeed - your company should contain the name "blockchain". And then your share price skyrockets. And then..the 2017 crypto winter came. Fast forward to…
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The Trump Administration has been under fire since its inauguration. One of the most controversial figures is the the United States’s Treasury Secretary, Mr. Steve Mnuchin. Recently, Mnuchin made some interesting comments about cryptocurrencies and VanEck official pointed out a rather amusing phenomenon. Mr. Mnuchin seems to support the cryptocurrency critics stating that Bitcoin and…
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TriOptima, the infrastructure service that lowers costs and mitigates risk in OTC derivatives markets, has just announced that it has completed the first cleared inflation swap compression run at LCH SwapClear. The compression run was completed on July 19 with Euro cleared inflation swaps being compressed through the triReduce service. TriOptima will go live with…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 19, 2019. The text below is an excerpt and does not contain the full analysis. Well, it finally happened... This shouldn't come as much of a surprise to anyone who's been watching the space.…
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