Leading online Swiss bank Swissquote Group Holding SA (SWX:SQN) has just announced an expected growth in earnings and profit of 15% for 2018 as a whole. This forecast has now been achieved with total earnings of CHF214 million and expected with pre-tax profit of CHF53.5 million (+16% YoY). Swissquote thus presents the best annual result…
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Equiti Capital UK Limited has appointed its Chief Operating Officer, Michael Ayres, to its board of directors. Ayres joined Equiti Capital UK Limited, previously known as Divisa Capital UK, back in August 2018. Prior to joining Equiti, Michael Ayres held the position of Director of Operations/COO at GKFX. Ayres has significant industry experience under his belt;…
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Concordium Foundation, the Swiss non-profit behind the Concordium Network blockchain, has just added two new team members: Former Vice Chairman of NASDAQ Europe Hans-Ole Jochumsen to the advisory board, and Cryptographer Ivan Damgård as Cryptography Lead on Concordium’s Core Science Team. Hans-Ole Jochumsen comes from ten years at NASDAQ, rising to President in 2015 and…
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Crypto startup Ternio, ranked 436th on market cap listings and valued at $4 million, has introduced its first consumer related product – a debit card with a “twist”. Not only can it be used in existing global payment card networks at the point-of-sale and ATMs, but each cardholder will be able to designate which of…
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The Bitcoin’s price volatile movements are constantly shocking the market. Going from great highs to great lows, the people’s currency is not doing very well in terms of market cap and adoption, it seems. One of the possible explanations of the great volatility in prices was that Bitcoin “whales”, or investors who hold especially large…
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Thailand is following in the footsteps of Japan, when it comes to regulating the cryptocurrency industry. Thailand has recently issued its very first licenses to four cryptocurrency exchange applicants. The Security and Exchange Commission in Thailand has already granted four licenses to Bitcoin Co, Satang Corporation, Bitkub Oline Co ltd and Coins TH Co. The…
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Apart from the rumor that Ripple will be the official cryptocurrency of the 2020 Olympic Games, the cryptocurrency is hitting some major goals, as RippleNet has welcomed 13 more new financial institutions to its network. Ripple already has around 200 customers. The latest ones include Olympia Trust Company, ConnectPay, Ahli Bank of Kuwait, Euro Exim…
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Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for January 9, 2019. Highlights include: BTC Short Selling Volume Falls: BTC is holding steady as short selling volume has dropped nearly 30% since its peak on January 1st. Positive Economic Signals Worldwide: Stocks are up…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Keycroft Investments. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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LeapRate Exclusive… FCA regulated FX and CFDs broker ActivTrades has just announced that it has appointed Marc Stenzel as its new Compliance Director. Prior to ActivTrades, Marc Stenzel has worked as a Head of Compliance at Stater Global Markets and FxPro UK Limited. Before that, Stenzel was a Compliance Officer in IG Group for more than…
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