Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for April 10, 2019. The text below is an excerpt and does not contain the full analysis. Highlights include: Bitcoin Testing $5k: Bitcoin broke below its resistance at $5,350 and is testing the historically important figure…
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Canada’s alternative asset management company Integrated Asset Management Corp. (IAM) (TSX:IAM) announced that it has just closed a $22,000,000 senior secured term loan to Lagasco Inc. Lagasco is going to use IAM's provided funds to purchase a portfolio of producing oil & gas assets located in Southwestern Ontario from a Limited Partnership. LeapRate reminds that…
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Cyprus regulator CySEC has just issued a warning against the website cryptocapitalfx.com, and informed investors that it does not belong to an entity which has been granted an authorization for the provision of investment services and/or the performance of investment activities, as provided for in Article 5 of Law 87 (I)/2017. The website belongs or…
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The Financial Markets Authority (FMA) has just issued a public warning against a scam company called Wildex Investment Limited. Associated entities individuals: Wildex Investments Address: 26FL, FWD Financial Centre, 308-320 Des Veoux Road, Sheung Wan, Hong Kong Website: www.Wildexinvestment.com Phone: +85221270667 Email: [email protected] The FMA recommends exercising caution before dealing with Wildex Investment Limited and…
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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 Tasbir Singh. Tasbir Singh is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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Integral has announced that Arab Bank (Switzerland) Ltd. has deployed a trading app built on the Integral BankFX Platform to expand mobile trading services to their institutional and corporate customers. Arab Bank is a trusted partner to established businesses with strong ties in the MENA region and is providing a powerful, end-to-end FX solution to its…
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Cobalt, the foreign exchange (FX) infrastructure based on shared ledger and high performance technology, has just announced that it has appointed Stephen Wolff as a Strategic Advisor to support its global growth strategy. Wolff has served on the board of numerous financial market technology and infrastructure companies including R3, Tradeweb and ClearCourse Partnership. He also…
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It is a fact of life that various arms of a government very rarely act in a coordinated fashion, especially when it comes to financial matters and innovation. The economy and general public tend to be the victims when the system appears in such disarray. It is no wonder then that the crypto revolution has…
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The sudden breakout in Bitcoin prices last week, the highest since early December, have seen analysts rallying behind the positive climb, with many viewing the bounce as the long-awaited return to an impending bull run. The rise is not solely reserved for Bitcoin as alt coins too take a leap forward, Messari reports. While the…
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Crypto attorneys that support Initial Coin Offering (ICO) promoters in the United States have been requesting for some time more clarification from the SEC on how it interprets current securities legislation to determine whether or not an ICO qualifies as an “investment contract”, thereby necessitating formal registration and investor disclosure requirements under the law. At…
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