Forex leverage provides traders with the ability to manage larger positions using a smaller capital investment.
Many forex traders often find themselves questioning whether online brokers have the ability to manipulate prices in the forex market.
When it comes to speculating on currency markets, two popular methods stand out: Spot forex trading and spread betting.
Forex trading involves the exchange of currencies from different countries and regions, making it one of the largest financial markets in the world, with a daily trading volume exceeding $5 trillion.
The variation in prices for the same currency pair among different brokers can often cause confusion, particularly for novice forex traders.
BlockFi, a leading crypto lender, announces cessation of operations post-bankruptcy. The move follows challenges from the FTX collapse and aims to return assets to customers. The situation underlines cryptocurrency industry risks and the importance of regulatory oversight. Current litigations, especially the FTX bankruptcy, will influence recovery amounts for clients.
Discover Coinbase Advanced's New Perpetual Futures Trading! Trade BTC, ETH, LTC, and XRP with up to 5X leverage. 0% maker fee, 0.03% taker fee, and secure USDC settlements. A trusted platform for spot and derivatives trading. Explore advanced tools and a harmonized interface at advanced.coinbase.com. Join the future of crypto trading today!
In the unfolding Israel-Hamas conflict, the use of cryptocurrencies has emerged as a notable point of interest. Here's a breakdown of the discussions surrounding the topic.
Tether, the leading global stablecoin company, intensifies efforts against crypto-funded terrorism, freezing 32 wallets linked to illicit activities in Israel and Ukraine. Collaborating with 31 global law enforcement agencies across 19 jurisdictions, Tether has frozen over $835 million in assets. CEO Paolo Ardoino emphasizes the traceability of cryptocurrency transactions and Tether's dedication to ensuring global safety and financial integrity.
BSP considers reopening digital bank license applications in the Philippines due to surging interest. Currently, six digital banks operate under BSP's close watch, offering innovative services to millions. As the digital banking sector grows, consumers may soon see new entrants offering advanced banking solutions.
Circle, the creator of the USDC stablecoin, has collaborated with Coins.ph, a leading cryptocurrency exchange and digital wallet service in the Philippines, in a ground-breaking step. This strategic agreement, launched on October 10, aims to alter the way remittances are handled in the Philippines, helping the country's 18 million Coins.ph users and beyond.
Regarding cryptocurrency assets, the bulletin emphasizes various dangers associated with investing in crypto. "Crypto asset investments can exhibit extreme volatility and speculative nature, and the venues where individuals trade, purchase, sell, or loan these assets may not provide crucial safeguards," the bulletin warns
Coinbase expands its global footprint by securing a Major Payment Institution license in Singapore. This move not only reinforces its presence in the region but also aligns with Singapore's progressive crypto vision. Discover how Coinbase's commitment to the Singaporean Web3 ecosystem and its user-centric services are making waves in the cryptoeconomy.
The JPEX scandal in Hong Kong serves as a global warning about the risks of trading on unregulated crypto platforms. With at least 1.43 billion Hong Kong dollars involved, this case has led to 11 arrests, including social media influencers. Hong Kong's Chief Executive, John Lee, urges investors to use only regulated platforms to safeguard their assets. The incident calls for heightened public awareness and stricter global regulations in the rapidly evolving world of cryptocurrencies.
DAX, a Philippine cryptocurrency exchange, will delist Binance USD (BUSD) from its platform following Binance’s decision to withdraw support for the stablecoin. PDAX users must convert or transfer their BUSD assets before October 27, 2023, or they will be automatically converted to PHP.
Coinbase is reportedly on the brink of acquiring FTX Europe in a strategic move to expand its presence in regions with well-defined cryptocurrency regulations, as the potential acquisition unfolds against the backdrop of FTX's parent company's bankruptcy and amidst a shifting crypto market landscape.
HKMA Warns Against Crypto Firms Posing as Banks – Protecting Public from Misleading Descriptions. Learn why false claims violate banking regulations. Stay informed!
PH SEC teams up with U.S. SEC and partners to fight crypto scams, enhancing investor protection in the Philippines. Learn how they're tackling fraud.
The U.S. SEC intensifies scrutiny on crypto exchanges and DeFi platforms, warning of strict enforcement actions. With limited resources, the regulator aims to ensure market integrity and protect investors.
Hong Kong crypto influencer Joseph Lam arrested over ties with JPEX exchange amid liquidity crisis investigations. JPEX suspends trades, faces regulatory scrutiny.