Singapore-based Cryptocurrency Exchange Suspends Withdrawals, Leaving Users in Limbo What Happened? Zipmex, a popular cryptocurrency exchange based in Singapore, sent shockwaves through the crypto community on Wednesday when it announced the suspension of all withdrawals from its platform. Citing a “combination of circumstances” that were supposedly beyond its control, the exchange pointed to volatile market…
The Impact of Euro Area Current Account Deficit Widening Introduction Prior to the recent data release, the euro area current account deficit was estimated at €5.76 billion. However, the revised figures now show a larger deficit of €3.9 billion for the region. In May, the non-seasonally adjusted reading indicated a widening current account deficit of…
Alpaca Acquires AlpacaJapan: A New Frontier in Stock Investing A New Chapter for Alpaca Exciting news in the world of stock investing as Alpaca, a leading crypto and stock investing platform, announced its acquisition of AlpacaJapan, a Japanese licensed broker-dealer. This move marks a significant milestone for Alpaca as it expands its presence into the…
Welcome to the BTSE Trading Terminal: Where Margin Meets Magic The BTSE Trading Terminal Have you heard the news? BTSE, our favorite global cryptocurrency exchange, has just come out with a brand new digital asset trading terminal. Powered by Margin, this new terminal is set to revolutionize the way we trade in the world of…
Hi Traders! CHFJPY Short Term Forecast Update and Follow Up Recap of July 5th Forecast On July 5th, I shared a post on our blog titled “CHFJPY Short Term Forecast And Technical Analysis.” In that post, we discussed a setup on the H1 chart and analyzed the price movement. Today, let’s take a look at…
The Australian Dollar Surges as US Dollar Falls Market Update: AUD/USD Trading at 0.6903, Up 1.29% The Australian dollar has surged on Tuesday, with AUD/USD trading at 0.6903 in the North American session, up 1.29%. This rise comes as the US dollar continues to fall, as risk appetite strengthens in the market. US Dollar in…
The British Pound Extends Gains Against the US Dollar GBP/USD Trading at 1.2010 The British pound has extended its gains on Tuesday. GBP/USD is currently trading at 1.2010, up 0.50%. The US dollar continues to retreat across the board, as the greenback remains in a downward correction. The dollar index continues to fall and is…
CySEC Warns of Rising Numbers of “Finfluencers” and “Gamification” Tactics Theocharides added: It is particularly worrying that already low financial literacy levels are also declining and this has exacerbated the risk of young people not fully understanding the unique characteristics and risks that trading in these products can carry and many will get in over…
