Latest News
Our news section is a meticulously compiled repository of the latest events, updates, and emerging trends spanning the dynamic industries of Liquidity, Forex, Cryptocurrency, and FinTech and serves as an informative platform for those seeking to keep up-to-date with the rapidly evolving landscapes of these sectors. This curated collection acts as a hub, capturing the pulse of these industries and ensuring our readers are always at the forefront of the latest developments.
Increased Volatility Generates $4.9 Million in Profits for FXCM UK
FXCM released its annual financials for the fiscal year ended December 31, 2020, reporting a net profit of over $4.9 million. This is important because the firm lost more than $1.2 million in 2019, indicating a 518.8% increase.
Companies
Mastercard is Launching a new Cryptocurrency and Blockchain Initiative
Mastercard Inc, an American card services company, says it aims to make it easier for its customers to acquire, spend, and store cryptocurrencies. MasterCard has been a part of the digital currency ecosystem since 2015.
Crypto Discover
“Save Money, Sleep Better” — the New Initiative by FXCM Australia
FXCM Group, the world's leading provider of online foreign exchange, is launching a new ‘Save Money, Sleep Better' campaign in Australia. The new campaign offers zero rollover fees for customers holding overnight trades in selected Indices, Gold and Silver.
Companies
Leaders in Cryptocurrency Industry Move to Curb the Highest-Risk Trades
On Sunday, two of the world's most prominent cryptocurrency exchanges announced that they will restrict a type of high-risk trading that has been blamed in part for the rapid change in the price of Bitcoin and the gambling atmosphere on similar platforms throughout the world.
Crypto
China is Pushing Money out of the United States with Bitcoin
Instead of declaring war on cryptocurrency Chinese authorities appear to be putting things in order to further weaken the U.S. economy. China was pursuing a more calculated strategy, imposing reciprocal penalties and exporting its goods through intermediary nations.
Banks and Finance
1 in 10 Americans Invested in Crypto This Year, and Here is How They Vary From Stock Market Investors
According to a report based on a poll of more than 1,000 people published Thursday by researchers at the University of Chicago, 13% of Americans have acquired or sold a cryptocurrency such as bitcoin, ether, or dogecoin in the past year.
Crypto
Crypto