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Posts published in “Business”

Why Is The Crypto Market Down Today?

The crypto market struggles to find direction after a $27 billion drop. Bitcoin continues its decline, while Ethena (ENA) leads gains with a strong breakout attempt. The post Why Is The Crypto Market Down Today? appeared first on BeInCrypto...

3 Altcoins Crypto Whales Are Buying Ahead of October Rate Cuts

After two market drops this month, crypto whales are quietly buying three altcoins — Dogecoin, Cardano, and BROCCOLI — as October rate cuts approach. On-chain data shows renewed accumulation, bullish divergences, and price levels that could confirm the next rally if resistance zones break. The post 3 Altcoins Crypto Whales Are Buying Ahead of October

Weekly Roundup: Germany Wants CFD-Like Restrictions for Turbos, Kraken Buys Small Exchange from IG for $100M

Germany to require CFD-style warnings for turbosAmong a set of headlines shaping the market this week, Germany’s financial regulator, BaFin, will introduce new restrictions on turbo certificates starting next year. The rules come after data showed that 543,000 retail investors traded turbos between January 2019 and December 2023...

MultiBank Taps Capital.com’s Former Exec Dana Massey as Chief Product and Growth Officer

MultiBank hired Dana Massey as its Chief Product and Growth Officer, bringing in a senior leader with experience in scaling multi-market trading platforms.Join IG, CMC, and Robinhood at London’s leading trading industry event!Based in Dubai, Massey’s appointment follows more than three years at Capital.com, where he held several senior roles...

UK Romance Fraud Jumps 9% as False Affections Cost Investors £106 Million

Romance fraud in the UK reached £106 million in losses last year, with reports up 9%, according to a new regulatory review. Scammers exploit online relationships, manipulating victims into sending money, while banks often fail to intervene. Romance fraud has quietly become one of the fastest-growing forms of financial crime in the UK...

Following New FSA Stablecoin Rules, Japan’s Banks Plan Yen Pegged Tokens

Japan’s three largest banks – Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group – are planning to jointly issue stablecoins, according to a report by the Nikkei business daily on Friday (today).Japan has been taking structured steps to regulate and expand the use of stablecoins...

FXPrimus Raises Gold Leverage as OANDA Flags Volatility Amid Precious Metals Surge

Retail CFD brokers are adjusting offerings and risk management measures as investors turn to gold and silver amid economic uncertainty, rising inflation, and geopolitical tensions. Sharp price movements in the precious metals market have prompted these changes.CFD Brokers Respond to Rising Gold, Silver PricesFXPrimus has increased leverage on gold pairs...