<p>Merlin Chain, the native Bitcoin Layer2, announced a round of funding from 24 investors including OKX Ventures, ABCDE, Foresight Ventures and Arkstream Capital.</p><p>Merlin Chain offers a native scaling solution that integrates ZK-Rollup network, decentralized oracle network, and on-chain BTC fraud-proof modules. It is committ
Blogs
South Korean Financial Watchdog Turns to SEC for Bitcoin ETF Guidance
<p>South Korea's Financial Supervisory Service (FSS) is seeking guidance from the United States Securities and Exchange Commission (SEC) on spot Bitcoin exchange-traded funds (ETF).</p><p>FSS Chief's 2024 Plans: Spotlight on New York and Bitcoin ETFs</p><p>The Governor of FSS, Lee Bok-Hyun, outlined plans for
Bitcoin Winter Hits Argo: A Look into Its Sluggish Start in 2024
<p>The drop in the price of Bitcoin at the beginning of the year led to a publicly listed miner, Argo Blockchain (NASDAQ: <a href="https://www.financemagnates.com/tag/argo/" target="_blank" rel="follow">ARBK</a>), reporting a reduction in cryptocurrency mining. Specifically, the company mined 124 Bitc
Saxo Bank's January 2024 Forex Volume Dips to 5-Month Low
<p>Saxo Bank's first volume report in 2024 showed an increase in total client activity to the highest levels since October, resulting in $375.5 billion. Almost one-third of this value was volumes realized in the forex (FX) market, which declined compared to the values of the last three months of 2023.</p><p>FX Volumes at Saxo
Nium Expands in India, Gains 2 In-Principal Payments License
<p dir="ltr">Singapore-based Nium has expanded its geographical reach by securing two in-principle approvals for two payment licenses in India, the Prepaid Payment Instrument (PPI) license and the Payment Aggregator (PA) license. Both licenses are issued by the country’s central bank, the Reserve Bank of India.</p><p dir=&q
IC Markets Introduces Their Zero Brokerage Fee Promotion for IC Shares
<p>As the Australian share market continues to soar, IC Markets, a leader in online trading and investing, is excited to announce a special, limited-time promotion: zero brokerage fees on ASX and CBOE (Chi -X) listed company investments. This exciting offer is part of the launch of IC Shares, a new addition to the IC Markets […]
Zoom Calls – Steal the Show, or at Least Don’t Be an Idiot
<p>Zoom, Teams, Google Meet, whatever, video meetings and conference calls are here to stay. The age-old curse of the endless meeting hasn’t gone away, it’s just gone fully digital.</p><p>According to a survey done by GetVoIP who, admittedly, are a Voice Over Internet Protocol (VoIP) provider, <a href="https://getvoip.com/
Breaking: CMC Markets to Reduce 17% Staff
<p dir="ltr">CMC Markets (LON: CMCX) announced today (Monday) its decision to reduce its headcount by 17 percent, which constitutes about 200 positions in the company. The move came as a part of its “cost reduction and efficiency plans.”</p><p dir="ltr">Significant Reduction in Costs</p><p dir="lt
Hong Kong: Crypto Investors Face Deadline to Switch to Licensed Platforms
<p dir="ltr">Hong Kong’s Securities and Futures Commission (SFC) issued a notice today (Monday) urging virtual asset investors to invest only through licensed exchanges. The notice came before the deadline of 29 February when all crypto exchanges in Hong Kong must obtain or apply for a virtual asset trading platform (VATP) license.&
Yen growth delayed. Forecast as of 05.02.2024
Strong data on American employment not only forced the derivatives market to abandon the idea of cutting the Federal funds rate in March but also raised Treasury yields. As a result, USDJPY rose. Let us discuss the Forex outlook and make up a trading plan. Weekly Japanese yen fundamental forecast The Japanese yen fluctuates wildly. Signs that [&hel