It was only two weeks ago that the Bitcoin faithful were perturbed by the ranging behavior of their favorite cryptocurrency. BTC had been mired within a tightly bounded range between $7,500 and $8,100, with no particular since of what was to come. Even advocates began seeing “Head-and-Shoulder” formations that spoke that doom was imminent, perhaps…
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Report identifies fastest-growing and most dynamic small and medium sized businesses (SMEs) across the UK IS Prime, part of ISAM Capital Markets, has been identified as one of London Stock Exchange Group’s ‘1000 Companies to Inspire Britain 2019’. The report is a celebration of the UK’s fastest-growing and most dynamic small and medium sized businesses…
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The Australian regulator ASIC announced today that it has cancelled the Australian financial services (AFS) licence of Sydney-based Guarded Pty Ltd for failure to comply with financial services laws, effective from 27 May 2019. Guarded failed to maintain competence to provide the financial services authorised by its licence after its responsible manager, who had been…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 25, 2019. The text below is an excerpt and does not contain the full analysis. Let's start off by saying that Facebook's new Libra coin (under current proposal) should not be called a stablecoin.…
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Spread betting and CFD provider CMC Markets announced that it is rolling out to its customers the ability to spread bet and trade CFDs on three new cryptocurrency indices. Major Crypto Index will include bitcoin, ripple, bitcoin cash, ethereum and litecoin. Emerging Crypto Index is based on dash, EOS, monero, NEO, stellar lumens, cardano and…
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Global financial services firm JST Capital just announced that it has launched a full suite of offerings, now available to institutional investors, blockchain companies, banks, and brokers in the digital assets ecosystem. These offerings include over-the-counter (OTC) trading via a sophisticated GUI and FIX connection, risk management modelling, crypto optimization strategies and consulting services. JST…
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ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 25, 2019. See details below: FOREX The US Dollar continues to lose terrain against other major currencies, under pressure from a cocktail of circumstances. These include: an expected interest rate cut from the Fed, which could arrive as early as…
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The Singapore-based B2B global payments platform for emerging markets Thunes, announced that it has added KB Teo to its team as its new Chief Financial Officer (CFO), effective immediately. LeapRate reminds that back in February, TransferTo revealed a complete rebrand creating two separate companies - Thunes and DT One. Teo has more than 25 years…
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Bitcoin catapulted ahead in weekend trading, blasting through $10,000, as if there were no such thing as a psychological barrier or even formidable resistance. Then, in order to add the cherry to the top of this sundae or Sunday, whichever you prefer, cryptos’ omnipresent leader vaulted forward, crossing the $11,000 sound barrier, not once, but…
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Australian regulator ASIC announced earlier today that IT consultant Steven Oakes has been sentenced to a total effective sentence of 3 years imprisonment. He will, however, be released after serving 18 months of the term of imprisonment, on his own recognisance to be of good behaviour for 18 months. The hacker was pleading guilty to…
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