It seems that ever since Elon Musk announced that his favourite crypto is DogeCoin, people have gone on to great lengths to somehow connect the "dots" between Musk and any relatable cryptocurrency that might be of interest to him. Just last month, Leaprate reported that the founder of Dogecoin, Jackson Palmer, said he is ready…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for May 1, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bitcoin Grows Despite Crypto Winter: A study shows that bitcoin rose in awareness, familiarity, perception, conviction, propensity…
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ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for May 1, 2019. EURUSD The Euro rose to 1.1214(+30 pips) on Tuesday against the greenback. The EUR/USD pair surged to 1.1228 Tuesday, as the dollar extended its previous decline amid a cautious stance ahead of Fed's monetary…
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Tom Lee, an accomplished Wall Street strategist and the Head of Research at Fundstrat Global Advisors, brings more to the table than your traditional analyst that studies his technical charts ad nauseam. In his role at Fundstrat, he is in daily contact with participants in every sector of the crypto economy and, therefore, has a…
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When Mati Greenspan, a noted crypto analyst over at eToro, speaks, people tend to listen to what he has to say. In a recent interview on all things crypto, Mati was asked the very question that no one seems to be able to answer – When will the SEC ever approve an application for a…
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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 Dawson Roberts Advisors LLC. Dawson Roberts Advisors LLC is not authorised by the FCA but has been targeting people in the UK and is also carrying…
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The "free" stock trading app, Robinhood, has applied for a traditional banking products charter just ahead of its IPO. While the idea of trading with "zero commission" made the company popular, it was the introduction of cryptocurrencies on the Robinhood app that really helped the company skyrocket, both in terms of its valuation and popularity…
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Fear, uncertainty, and doubt, or “FUD” in crypto parlance, are powerful emotions that can cause a run on a bank, or, in the case of the beleaguered crypto exchange, Bitfinex, a run on exchange deposits. The weekend has passed since last Thursday evening’s shockwave that iFinex, Bitfinex, and Tether might have been engaged in an…
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Amazon was long rumoured to be launching some type of blockchain or crypto-related product. There were even rumours that Amazon was going to launch its very own coin. While many of these were outright wrong, or wrong for now, Amazon did open up to the technology of blockchain. In particular, Amazon Web Services (AWS) announced…
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Traiana (a CME company) has announced that it is enhancing its Credit Risk Hub tool, which provides FX prime brokers with solutions for Tri-Party Agreements and credit management. Traiana enables the sell-side to automate cross-asset risk management and pre/post trade processing. The enhanced offering means that brokers will now be able to document Tri-Party trade…
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