<p>A federal judge rejected a travel request from the Founder of Binance, Changpeng "CZ" Zhao, to visit his home in the United Arab Emirates for the "hospitalization and surgery" of an undisclosed individual. This decision comes despite Zhao offering to post his Binance equity, valued at $4.5 billion, as security for his r
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How a Banned Aussie Built a Financial Network of 5 New Companies
<p>A decade-long ban from participating in the financial industry was no obstacle for an Australian who, during this period, established as many as five different investment firms.</p><p>Now, Joshua David Fuoco, a former Melbourne financial services director, is facing contempt of court proceedings brought by the Australian Securi
Netflix Goes After Shared Accounts, Signs WWE
<p>In the epic tale of the streaming wars, <a href="https://www.financemagnates.com/tag/netflix/">content giant</a> Netflix's recent engagement gains are certainly impressive. The platform's executives, during a Tuesday earnings call, gleefully expressed their satisfaction with the crackdown on shared passwords
BMLL Makes Historical Datasets Available on Snowflake Marketplace
<p dir="ltr">BMLL, an independent provider of harmonized data and analytics across equity and futures markets, expanded the reach of its data by making three datasets available via the Snowflake Marketplace.</p><p dir="ltr">Easing the Availability of Data</p><p dir="ltr">Announced today (T
IG Group's Earnings Take a Hit in Tough Market, Falling 32% in HY FY24
<p>Softer market conditions and lower volatility across asset classes translated into lower revenue and profits for IG Group Holdings plc (IG) in the first six months of the fiscal year 2024 (FY24).</p><p>Total revenue declined 9% to £472.6 million from £519.1 million a year before. Net trading revenue fell 19% to £402.4 million f
Swissquote Launches Stock Lending Program
<p dir="ltr">Swissquote, which operates as a broker with a Swiss banking license, has expanded its services by introducing a stock lending program. Announced today (Thursday), the initiative will allow customers to earn over 5 percent on certain borrowed stocks.</p><p dir="ltr">Swisquote Offers Stock Lending<
SEC Delays Decision on BlackRock’s Spot Ether ETF
<p dir="ltr">The approval of 11 Bitcoin exchange-traded funds (ETFs) could guarantee a similar instrument of Ether as the Securities and Exchange Commission (SEC) delayed its decision on BlackRock’s Ether ETF application.</p><p dir="ltr">The Fight for Ether ETF Continues</p><p dir="ltr">Th
Pound achieved success. Forecast as of 25.01.2024
The slowness of the Bank of England helps GBPUSD, which is reasonable. The economy is recovering and price pressures are easing very slowly. Let us discuss the Forex outlook and make up a trading plan. Weekly Pound fundamental forecast The strength of the UK economy is helping the pound challenge the US dollar for the […]
Short-term analysis for oil, gold, and EURUSD for 25.01.2024
I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders. The gold price consolidated below the support of 2026 – 2019. Oil price forecast for today: USCrude [&
Dollar works out divergence. Forecast as of 25.01.2024
A strong economy means a strong currency. And the US dollar has proven it again. At first, it weakened against the euro based on European PMI data, but then it recovered. Let's talk about this topic and draw up a EURUSD trading plan. Weekly US dollar fundamental forecast The economic growth gap again supports the […]