Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
Contracts for Differences (CFD) have transitioned from a niche product to a more mainstream one over the past decade, yet they still trail behind stocks and savings accounts in popularity, Omar Arnaout, the CEO of XTB, admitted during a recent earnings conference. Thus, considering the growing number of consumers seeking simple forms of capital preservation, XTB, a publicly listed brokerage […]
Dukascopy Bank, a Swiss retail forex and CFDs brokerage and retail banking provider, released its annual report for the financial year 2022 on Thursday, reporting the second-highest profit in the group’s history. The firm’s net profit skyrocketed 207% to CHF 6.4 million, which is up from CHF 2.1 million in 2021. Dukascopy Generates Profit across BoardHowever, the figure is below […]
A federal court in the United States has ordered Cornelius Johannes Steynberg, the South African CEO behind a $1.7 billion retail forex and commodity pool fraud, to pay a total of $3.4 billion. The amount comprises $1.7 billion in restitution payment to investors defrauded of about 30,000 Bitcoin (BTC) and another $1.7 billion in civil monetary penalty.Court Awards Record Penalty […]
Rakuten Securities, a part of the Japanese conglomerate Rakuten Group, released its results for the three months between January and March, reporting yearly growth across all major parameters. It closed the quarter with a net income of over JPY 3.8 billion, a year-over-year increase of 123 percent. Rakuten Securities Posts Solid Figures In addition, the official results revealed the operating […]
In the latest case of license withdrawal in Cyprus, forex and CFDs brokerage firm, Trilt, has “expressly renounced” its license, causing the Cyprus Securities and Exchange Commission (CySEC) to withdraw its Cyprus Investment Firm (CIF) authorization. The Cypriot watchdog announced the withdrawal on Friday, noting that it reached the decision earlier on March 20th.Trilt Jumps on License Withdrawal Train Trilt […]
Before the markets opened on Monday, the California regulator seized control over the collapsed First Republic Bank and sold its assets to JPMorgan Chase. The sale prevented any further distress to the American banking industry.“The DFPI (California Department of Financial Protection and Innovation) appointed the Federal Deposit Insurance Corporation (FDIC) as receiver of First Republic Bank,” a regulatory announcement stated. […]
USD/JPY breaks above confluence resistance on Monday, bolstered by higher U.S. yields. Meanwhile, the S&P 500 struggles at the 4,200 level, with bulls and bears battling for control of the market. Read More
Crude oil prices consolidated into Tuesday as markets digest data ahead of monetary policy meetings from the Federal Reserve and the ECB. If both banks tighten, will WTI go lower? Read More
The Australian Dollar shot higher after the RBA raised the cash rate to 3.85%, surprising markets. The bank cited inflation as being too high. If they hike again, will AUD/USD go higher? Read More
GBP/USD is relatively muted against its more macro influenced counterparts this week as the pair prepares for the Fed tomorrow. Pound continues to hover around 1.25. Read More
