UK online trading leader IG Group Holdings plc (LON:IGG) revealed results of its #ReplytoESMA website survey, indicating a very strong anti-ESMA stance among the more than 14,000 replies. As we reported earlier this week, ESMA has come under a lot of pressure to alter its plans to enforce a maximum leverage cap of 30x for…
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From 7th of January to 6th of February, over $550 billion have been lost in value, as major altcoins and Bitcoin took huge hits to their prices and ultimately, to their market capitalizations. On January 7th, the total market cap of the cryptocurrency market was around $836 billion, close to the market cap of Apple.…
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While India and China, together with a few large US banks are going with full forces against Bitcoin and cryptocurrencies, Singapore is going “pro” at the same time. Cointelegraph reported that Singapore’s deputy prime minister, Tharman Shanmugaratnam, said that the country will not be banning cryptos in the new future. None such plans are foreseen…
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Japan’s first online bank pilots blockchain technology to reduce costs and improve efficiency Fintech and cryptocurrency solutions company Tech Bureau today announced that Japan’s first online bank is testing blockchain technology integrations using mijin and Hyperledger. Japan Net Bank, Limited, has initiated a proof-of-concept project to evaluate mijin and Hyperledger for paperless contract administration. Currently,…
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The Times of Israel is reporting that the Canadian financial regulator overseeing Binary Options has explained to Google how the advertising enables scammers to find victims and has asked it to follow Facebook's lead in barring the ads. On January 30, Facebook announced that it was banning all advertising for binary options, cryptocurrencies and initial…
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Binary options technology and brokerage company TechFinancials Inc (LON:TECH) has announced that it has cancelled the planned sale of its Binary Options holdings, after the buyers were unable to secure the necessary regulatory approvals for the deal by a self-imposed deadline of January 31, 2018. As we reported in late November, TechFinancials came to an…
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Fullerton Markets today announced the acceptance of Bitcoin as a new funding method for client deposits. Mario Singh, CEO of Fullerton Markets, commented: We have had loads of requests over the last couple of months to integrate a payment processor which accepts Bitcoin. Interestingly enough, the requests have not dropped despite Bitcoin falling over 50%…
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In a mad dash to cash, traders were dumping virtually all kinds of assets in favour of good hard cash on Monday, which just saw one of the largest one-day market declines ever. When all the damage was totaled, the Dow Jones Industrial Average dropped by 1,175, or 4.6%. The broader S&P 500 index fell…
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RoboForex, an international financial broker, just announced that it is expanding the list of cryptocurrencies available for trading via MT4 and MT5 platforms. Apart from Bitcoin and Ethereum, the Company’s clients will have an opportunity to trade Bitcoin Cash, Dash, Litecoin, and Ripple. New instruments are already available for trading. RoboForex continues expanding access to…
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The following article was written by Adinah Brown, content manager at Leverate. There are two types of financial-market players—those who trade, and those who “buy and hold” (B&H). Many recent investors in the cryptocurrency market are of the B&H variety and are in it for the long haul. There is an old expression in the financial markets—bells…
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