Cryptocurrencies drop after FTX-Binance dispute worries investors
Despite preparations for a rescue offer from bigger rival Binance, cryptocurrencies experienced a second day of steep falls on Wednesday as investors remained concerned about the viability of the industry and the financial state of major exchange FTX.To address a “liquidity bottleneck” at the competing exchange, cryptocurrency giant Binance reached a non-binding deal on Tuesday […]
Stock and Crypto CFD Are Now Available for Trading on Fullerton Markets’ MT5 Platform
Fullerton Markets has recently added stock and crypto CFD on MT5 for the convenience of traders who prefer to use the platform. These instruments were previously available only on MT4 but are now readily tradable on the MT5 platform. Given the more robust features of MT5, more traders would prefer to use the new and […]
Now You Can Trade Multiple Assets with Fullerton Markets
Fullerton Markets has been providing traders with an unparalleled experience since it first opened its doors in 2016. For years, the broker primarily served as a Forex broker but now, offers stock and cryptocurrency CFD on top of commodities (precious metals) and indices. With this move, clients have access to multiple investment products that provide […]
Eightcap Partners’ Innovative Partnership Program is Exactly What the Forex Affiliate Industry Needs
Affiliate marketing has become a growing phenomenon over the last few years, as more small forex businesses want to increase their clients and, in effect, increase their revenue. One of the most significant and proven ways is to form a strategic partnership with a larger CFD provider. This benefits the broker by expanding its client […]
Cryptoization threatens financial stability
The International Monetary Fund said that the advent of digital currencies in emerging markets could spark cryptoization of local economies. This is upsetting financial stability. Bitcoin and its kin have soared in price and popularity over the last year. This can be seen in economies such as Vietnam, India and Pakistan. U.S. blockchain researcher Chainalysis […]
After China central bank vows to crack crypto trade, Bitcoin slips
Bitcoin fell nearly 5% after China’s central bank said that it would crack down on cryptocurrency trading. From providing services to mainland investors, they have banned the overseas exchange. The largest cryptocurrency was last down 4.6% at $42,874. This fall down is with smaller coins that typically trade in tandem with bitcoin also tumbling. Ether fell over […]
As Evergrande-led selloff eases, Bitcoin attempts recovery
Cryptocurrency prices bounced off 1-1/2 month lows. This is because a heavy selloff overnight linked to concerns about a possible loan default by property developer China Evergrande eased slightly. Bitcoin is the biggest and the best-known cryptocurrency. It traded around $43,000, recovering from a fall to $40,192 earlier in the session. Smaller rival ether, the […]
Cryptocurrency discussed by US treasury, financial industry
The U.S. Treasury Department met with a number of industry participants, for quiz. That was about the risks and benefits posed by stablecoins. Washington policymakers are alarmed at the rapidly expanding cryptocurrency market. The record exceeded $2 trillion in April. The market cap of stablecoins stood at roughly $125 billion. This is according to the […]
DeFi crime hits record high in first 7 months of 2021
Losses from theft, hacks, and fraud in decentralized finance or DeFi, a thriving segment in the cryptocurrency sector, hit an all-time high in the first seven months of the year is shown by a report from crypto intelligence company CipherTrace. But losses from crime in the overall cryptocurrency market dropped sharply to $681 million at […]
Stanchart unit to launch cryptocurrency trading platform
A Standard Chartered PLC unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe. The bank said that this targets the institutional clients. The new exchange will be created by a joint venture between SC Ventures, the bank’s innovation arm, and BC Technology Group. This operates Hong Kong-licensed cryptocurrency exchange OSL. StanChart […]