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IG Group, Sucden Financial, CFI, and More: Executive Moves of the Week
IG Group veteran Adam Blemings departsThe new year has begun with fresh movement in the executive ranks. IG Group’s Trading Director, Adam Blemings, left the London-listed broker after nearly two decades. He stepped down as 2025 drew to a close, ending a long tenure that saw him become one of the company’s most experienced trading leaders.Blemings said his IG career concluded “just shy of the 20-year milestone,” reflecting on the period as “a hell of a ride” and expressing gratitude for the many talented people he worked with over the years. He added that many former colleagues have become friends, underscoring the strong personal and professional ties built during his time at the broker.Learn more about Adam Blemings' exit from IG.Ex-FCA associate Bruno Almeida joins Sucden FinancialAt the same time, Sucden Financial appointed Bruno Almeida as its new Chief Financial Officer. Almeida joined the multi-asset broker in 2024 as director of regulatory and financial risks — a role the firm created specifically for him.Before joining Sucden, he oversaw finance operations for the UK, Middle East, and Africa region at FNZ Group. CEO Marc Bailey said Almeida has already made a strong impact at Sucden Financial, particularly through his work enhancing the company’s capital and liquidity risk management systems and processes. Show more about Bruno Almeida's transition to Sucden Financial.CFI appoints ex-Hantec CTO as senior tech advisorCFI Financial Group has named veteran FX technologist Michael O’Sullivan as its new Senior Technology Advisor, strengthening its technology leadership as the company fine-tunes its multi-region trading infrastructure.Based in Dubai, the broker brings in O’Sullivan following his extensive experience in senior roles within the retail FX and CFD space. He will focus on enhancing operational efficiency and supporting the group’s regional technology framework across the markets where CFI delivers its trading services.Display more about CFI's appointment of ex-Hantec CTO as senior tech advisor.Karen King joins BMLLElsewhere, BMLL Technologies appointed Karen King as its new
Head of Sales for the Asia Pacific region. Based in Hong Kong, King will focus
on building BMLL’s client base across the region and guiding the company’s
growth strategy in Asian markets.The hire comes just two months after Nordic Capital acquired
BMLL, in a transaction that also involved existing minority shareholder
Optiver.Disclose more about Karen King's move to BMLL.Ex-B2C2 sales exec joins RobinhoodLastly, Zeke Vince joined Robinhood as Global Head of Business Development for Institutional Crypto. His appointment signals the company’s continued push to strengthen its position in digital assets and attract more institutional clients to its growing crypto business.The move follows Robinhood’s strong financial performance last year, when it reported quarterly revenue of $1.01 billion—well above market expectations. Crypto trading was a key driver of that growth, generating $358 million in revenue and surpassing the firm’s options segment.Highlight more about Zeke Vince's transition to Robinhood.
This article was written by Jared Kirui at www.financemagnates.com.
Market Wrap: Prop’s Rule Changes Spark Debate; Can Kraken–Deutsche Börse Pact Boost Crypto?
Google allows ads for prediction marketsThe calendar has flipped to 2026 and markets have
wasted no time in setting a new tone. Google will allow prediction market ads in the U.S.
only for firms under federal oversight, drawing a clear line between
CFTC-regulated event contracts and binary options, which will remain banned. Under the new rules, regulatory status becomes the key
condition for accessing Google’s advertising inventory. However, Google is not
positioning itself as a financial regulator.FundingTicks faces backlash over rule changeIn the prop trading space, Futures prop trading platform FundingTicks recently faced intense criticism from traders on social media after reportedly introducing a minimum one-minute trade hold time and applying the change retroactively to existing accounts. Many users say the shift disrupted active strategies such as scalping and argue that altering rules after trades were placed created confusion and losses.Silence!!!! No never, in fact I’m someone who paid out more than 220M US-Dollars, all without glimpse of an eye and while putting my traders always first and in heart. Am I always right? Ofc not, is my job as the CEO the easiest and simplest as yall think in a tweet?? NO!!…— Khaled (@Khldfx) December 23, 2025However, In response to the uproar, CEO Khaled issued a detailed message defending the firm’s record, saying he has paid out more than US$220 million and has always put traders first.Prop firm Match tracked $325M in 2025 trader payoutsProp firm payouts to traders in 2025 are widely debated, but Prop Firm Match estimates that firms collectively paid out nearly 325 million dollars over the year.The figures come from the site’s own payout tracker, which compiles self-reported data from prop trading companies. According to the tracker, Dubai-based FundedNext led the field with almost 108 million dollars in payouts.FundingPips and FundedNext Futures, the futures-focused arm of FundedNext, followed with about 97 million dollars and 46 million dollars in payouts to traders, respectively.Does the Kraken–Deutsche Börse pact simplify crypto?In the crypto space, Kraken’s partnership with Deutsche
Börse is expected to deliver new products and services spanning trading,
custody, settlement, collateral management and tokenized assets, and could act
as a model for similar alliances in future.We just announced a groundbreaking partnership with Deutsche Börse Group to bring TradFi & crypto closer than ever.FX via 360T is phase one. Derivatives, enhanced liquidity, Embed, & xStocks are next.Institutional access is getting a serious upgrade.https://t.co/rtunQkmtyn— Kraken (@krakenfx) December 4, 2025The agreement between the US-based cryptocurrency exchange
and the Frankfurt-headquartered exchange and market infrastructure group is
designed to strip out costs, delays and other frictions that have discouraged
clients from moving between fiat and crypto.Doo Group rebrands UK and South Africa unitsMeanwhile, brokers are kicking off the year by overhauling their brands. Doo Group rebranded its South Africa and United Kingdom brands to RKX after previously renaming its prime services arm from Doo Prime to D Prime.According to Companies House filings, the UK-registered entity formerly known as Doo Clearing has been renamed RKX Financial. The broker has also updated the new trading name with the Financial Conduct Authority, aligning its regulatory records with the fresh branding.Silver trading at CFD broker ZXCM jumps 300% At the same time, ZX Capital Markets (ZXCM), a contracts for difference broker launched in 2023, says about 70 per cent of its 100 billion dollar trading volume in 2025 came from gold. The firm also reports that client demand for silver trading surged by roughly 300 per cent in the fourth quarter of last year. Gold gained around 60 to 65 per cent over 2025, while silver rose by about 140 to 150 per cent, making it one of the strongest-performing major commodities in that period. Those sharp moves appear to have drawn more traders into both metals on the ZXCM platform.IG offers cash interestIG plans to raise the interest rate it pays on uninvested cash for new clients and scrap quarterly inactivity fees on its investment accounts. The changes are aimed at making its platform more attractive to retail investors who hold idle balances. Rival platforms have rolled out similar incentives, including interest on idle cash, yields on uninvested funds and the removal of inactivity fees. Together, these moves highlight a broader push by brokers to win and retain clients by offering better returns on cash and more competitive account pricing.Exante’s UK unit halts new client onboarding and depositsThis week, another UK broker quietly hit pause on new money flowing into its local entity. LHCM, the UK-regulated brand of Exante Group, suspended onboarding new clients and stopped accepting deposits from existing clients, describing the move as voluntary and made in agreement with the Financial Conduct Authority.The firm said the suspension covers arrangements involving client money or assets under the client assets regime, title transfer collateral arrangements, delivery versus payment transactions and matched principal transactions, among others. The restrictions effectively limit how the UK entity can handle client funds and trading activity for the time being.Saxo Hong Kong finedIn Hong Kong, Securities and Futures Commission reprimanded and fined Saxo Bank’s local unit HK$4 million (about US$514,000) for offering 32 cryptocurrency products to retail investors that were intended only for professional clients. The regulator said Saxo Capital Markets HK breached licensing requirements by allowing retail traders access to unauthorized virtual asset products through its online platform. The penalty follows the Danish bank’s decision to close its Hong Kong office and cease operations in the city about a year ago, as part of a shift in focus toward its Singapore hub. The SFC emphasized that Saxo’s actions exposed retail investors to products beyond their risk tolerance, underscoring regulatory scrutiny on crypto-related offerings in Hong Kong’s tightly supervised market.FX firms find value in sportsLastly, there’s a significant gap in forex services for sports clubs, as highlighted by the £22 million English Premier League teams reportedly lost in FX fees during the last player transfer window. This inefficiency has created opportunities for forex and payments companies such as Airwallex and Corpay to step in, offering specialized FX solutions while striking distinctive promotional partnerships with football and other sports teams. Traditionally, sports sponsorships have served as a major marketing tool for financial services firms. However, payments providers are now taking these collaborations further by integrating practical services into their deals—streamlining cross-border payments and minimising currency losses for clubs involved in international transactions.
This article was written by Jared Kirui at www.financemagnates.com.
Pardons for CZ and Silk Road, None for Sam Bankman-Fried as Trump Grades Crypto Offenders
Trump said he does not intend to pardon Sam
Bankman-Fried, who is serving a 25-year sentence for fraud tied to the collapse
of crypto exchange FTX. In an interview with the New York Times, the President linked that position to a broader refusal to
intervene in a series of other high-profile cases, including those involving
Sean “Diddy” Combs and Venezuelan leader Nicolás Maduro.Trump’s comments land at a sensitive moment for
Bankman-Fried, who has tried to reshape his public image with a media tour that
emphasized Republican-friendly themes. The effort has not translated into direct influence at
the White House, even though Trump has cast himself as a supporter of the
digital asset industry and has launched his own crypto ventures.Selective with Crypto ClemencyTrump’s decision not to help Bankman-Fried stands in
contrast with his past use of clemency in the crypto ecosystem. The president
has already pardoned former Binance CEO Changpeng “CZ” Zhao, Silk Road founder Ross Ulbricht and the co-founders of derivatives platform BitMEX, intervening
in cases that many in the industry followed closely.Those moves built an image of a president willing to
challenge parts of the U.S. enforcement stance on digital assets. The refusal
to extend the same treatment to Bankman-Fried hints at a distinction between
figures Trump views as innovators caught in regulatory crossfire and those tied
to large-scale fraud against customers. Even within crypto, that difference matters: it
signals that some high-profile defendants will remain politically toxic,
despite broader overtures to the sector.SBF Clemency Bid Fails in WashingtonBankman-Fried’s legal and personal network has not
shifted the calculus in Washington. His parents, former Stanford Law School
professors Barbara Fried and Joseph Bankman, reportedly engaged lawyers and
other figures connected to Trump’s orbit as they explored a possible path to
clemency.Read more: Sam Bankman-Fried Could Be Released from Prison Four Years EarlierTrump used the interview to sketch a broader framework
for his pardons. Alongside Bankman-Fried and Combs, he said he does not intend
to extend clemency to former New Jersey Senator Robert Menendez or to Nicolás
Maduro, who faces U.S. narco-terrorism charges after his recent capture.The president has shown a very different approach in
other international cases. He recently pardoned former Honduran president Juan
Orlando Hernández for importing cocaine into the United States, a decision that
Bankman-Fried has publicly praised on X.
This article was written by Jared Kirui at www.financemagnates.com.
“It’s All the Questions About Our Future”: IBKR Founder Notes 49.5% Make Money in Prediction Markets
Thomas Peterffy, Founder and Chairman of Interactive
Brokers, appeared on CNBC to discuss prediction markets and their differences
from long-term investing.The segment began by replaying an earlier discussion in
which it was noted, “most of them, the more they play, will lose money,”
and added that prediction markets are “not the same as investing in the stock
market.” Peterffy was invited to offer his perspective and disagreed with these
points.Serious Questions, Not Celebrities: Peterffy ExplainsPeterffy explained that his interest in prediction-style
questions began about ten years ago as an educational tool. He described the
approach as asking “yes or no questions” to illustrate the probabilistic nature
of future events, aiming to help customers understand uncertainty.He acknowledged that some markets have shifted toward less
serious topics, noting that “some people picked up on this idea” and created
questions about celebrities. However, he emphasized that the core intent was to
focus on economic and climate indicators, which he described as “very, very
serious questions.”49.5% Profit Rate Shows Market EfficiencyAccording to Peterffy, prediction markets can help form a
consensus view about the future and serve as a hedging mechanism. He compared
the risk of outcomes going to zero with options trading, saying that “options
can go to zero” without making them invalid trading tools.Interactive Brokers has expanded into prediction markets in
recent years. Brown questioned whether demand for bets on topics such as
climate outcomes or awards would ever rival traditional investing. Peterffy
responded that in prediction markets, “49.5% of the people make money and 50.5%
of the people lose money,” noting that such balance does not undermine the
usefulness of the market.Prediction Markets Require Regulation Oversight, GuidanceThe discussion also covered regulation and misuse. Brown
raised concerns about betting on military actions and potential insider
activity. Peterffy said the Commodity Futures Trading Commission requires
surveillance for manipulation and insider information and that questions about
“war or military action” are “supposed to be prohibited.”Despite these concerns, Peterffy expressed optimism about
growth. He said he believes these markets will become “much, much larger,”
arguing that they address “all the questions about our future.” Brown agreed on
their informational value but emphasized the distinction between long-term
investment and sequential betting markets.
This article was written by Tareq Sikder at www.financemagnates.com.
Ripple Gets FCA Green Light for UK Payments via Local Unit, but with Tight Limits
Ripple has secured a key regulatory approval in the UK
that lets its local subsidiary offer regulated payment services, while the
country moves toward a full licensing regime for crypto assets. The decision
gives Ripple a clearer base in one of the world’s major financial centres. The Financial Conduct Authority granted Ripple Markets
UK an Electronic Money Institution registration and listed the firm under the
UK’s Money Laundering Regulations, according to the regulator’s register. EMI status allows a company to issue electronic money
and provide payment services, which could play into Ripple’s plans around its
dollar stablecoin, Ripple USD (RLUSD), if the firm decides to deploy it in the
UK.What the FCA ApprovedThe new approvals add to Ripple’s attempts to build a
more regulated profile in large markets while policymakers debate how to treat
crypto and stablecoins.EMI and MLR registrations also signal that the firm
has met baseline standards on governance, capital, and anti-money laundering
controls that the FCA applies to payments and crypto asset businesses. Despite the EMI registration, Ripple Markets UK must
operate under strict conditions until the FCA signs off on any broader crypto
activity.You may also like: How Ripple Pulled Off the Year’s Biggest Crypto Raise While XRP Tumbled 40%FCA records state that Ripple Markets UK cannot run or
support crypto ATMs, serve retail clients, or appoint agents and distributors
without prior written consent from the regulator.The firm also faces limits on its core e-money
services. The FCA has barred the company from issuing electronic money or
providing payment services to consumers, micro-enterprises, or charities at
this stage, effectively narrowing the permission set to more institutional or
wholesale use until further approvals arrive.JUST IN: ?? Ripple obtains registration with the Financial Conduct Authority through its UK subsidiary. pic.twitter.com/9HR7SW0fPO— Whale Insider (@WhaleInsider) January 9, 2026UK’s Crypto Licensing TimelineRipple’s approval lands as the UK sets out a timetable
for bringing more crypto activity inside the Financial Services and Markets Act
regime.Under the FCA’s plan, firms registered only under the
Money Laundering Regulations will need to apply for full FSMA authorization to conduct new regulated crypto asset business before a new framework starts in
October 2027.The application window is expected to open in
September 2026, and there will be no automatic conversion from existing MLR or
payments permissions into the new crypto licenses. The regulatory progress in London comes as Ripple’s
leadership signals that it has no immediate plans to list its shares. Ripple
Labs president Monica Long recently said the company intends to stay private for now, repeating her position from November after a fundraising round that
valued the firm at about 40 billion dollars.The choice to remain private suggests Ripple will
continue to rely on private capital and regulatory approvals rather than public
markets as it scales its payments and crypto infrastructure.
This article was written by Jared Kirui at www.financemagnates.com.
BingX Expands TradFi Futures as Crypto Platforms Move Closer to Broker Territory
Crypto exchange BingX has launched BingX TradFi, a new feature offering futures tied to traditional assets. The move reflects a broader industry shift toward building one-stop financial platforms rather than single-purpose trading venues.
With this latest expansion, BingX joins an increasingly competitive push by crypto platforms to move beyond digital assets and into multi-asset trading. Crypto-native platforms are leveraging their existing infrastructure and user bases to offer exposure to forex, commodities, and equities without requiring users to open separate brokerage accounts.
This trend is becoming more visible across the industry. Rival exchange Bitget has rolled out its own TradFi trading suite following a private beta, while Binance has introduced regulated perpetual contracts on commodities such as gold and silver. In each case, exchanges are positioning these products as a bridge between crypto trading environments and traditional asset classes.
BingX is launching with futures linked to more than 50 underlying assets, including commodities such as cocoa and soybeans, and is offering leverage of up to 500x, according to company disclosures. The exchange has also highlighted demand from the Middle East and North Africa (MENA) region, where access to global markets through conventional brokerage channels can be limited or costly.
“In today’s dynamic markets, BingX TradFi is designed to broaden access to global assets,” said Vivien Lin, Chief Product Officer at BingX.
Why Crypto Exchanges Are Moving Into Multi-Asset Trading
Operational convenience sits at the core of this strategy. Crypto platforms use stablecoin settlement, continuous trading hours, and familiar derivatives interfaces to attract retail traders seeking global market access without the typical constraints of traditional brokers.
However, this expansion reflects convergence at the product level rather than full regulatory alignment with traditional brokerage models. Even as crypto exchanges add products that resemble those offered by licensed brokers, key differences remain. These platforms operate under different regulatory frameworks, and the level of investor protection varies widely by jurisdiction.
Taken together, the near-simultaneous launches by BingX, Bitget, and Binance underline a broader strategic shift. Having built scale in crypto derivatives, exchanges are now testing how far their platforms can extend into traditional markets — not by replacing brokers outright, but by reshaping how retail traders access multi-asset exposure in a 24/7, crypto-native environment.
This article was written by Tanya Chepkova at www.financemagnates.com.
Multi Asset Broker XTB Launches American Style Options Under CySEC Supervision
XTB has added trading options for shares of major global
companies to its offer, launching the new instrument in the Cypriot market.
Traditionally a CFD and FX broker, XTB’s introduction of stock options marks an
expansion. The options are of the American type and are cash-settled, meaning
investors do not need to purchase underlying assets when exercising them.The offering operates under the supervision of the Cyprus
Securities and Exchange Commission. Initially, vanilla options are available
for 100 U.S.-listed shares. The company plans to expand to European shares and
further develop its option segment, according to Stockwatch.pl.Options Popularity Moves from US EuropeFilip Kaczmarzyk, a member of XTB’s management board, said,
“Expanding the offer with options is a natural step for us. The start in Cyprus
is of particular importance to us, because it will allow us to test the new
solution in practice and introduce possible improvements before the potential
expansion of the offer to subsequent jurisdictions, after obtaining the
required regulatory approvals.”[#highlighted-links#]
He added that options are seen as complex in many markets
but noted growing demand. “We are seeing a systematic increase in the number of
investors who, together with their experience, are looking for tools enabling
more complete implementation of investment strategies, including in the field
of risk management,” Kaczmarzyk said. “Options have been gaining popularity in
the United States for years, and this trend is gradually moving to Europe as
well.”XTB Eyes Poland While Operating InternationallyXTB has not disclosed a timetable for geographic expansion.
The company remains interested in obtaining regulatory permissions in Poland
while already operating under CySEC approval.The XTB Group has been active in foreign markets since 2002,
specializing in over-the-counter and exchange-traded financial instruments. It
has been listed on the Warsaw Stock Exchange since 2016.
This article was written by Tareq Sikder at www.financemagnates.com.
Crypto Firms Must Apply for FCA Authorisation Starting September This Year
The UK’s Financial Conduct Authority has outlined
requirements for firms seeking to undertake new regulated cryptoasset
activities, with the application period expected to open in September 2026. Firms will need authorisation under the Financial Services
and Markets Act before the new regime begins in October 2027. The move is part of efforts to regulate
the cryptocurrency sector and introduce consumer protections currently
lacking.FSMA Authorisation Mandatory for Crypto FirmsTo support this transition, the FCA launched a public
consultation to assess how its
existing handbook requirements would apply to crypto firms, covering
governance, operational resilience, financial crime controls, and Consumer Duty
obligations. This includes firms currently registered under anti-money
laundering or payment and electronic money regulations, which must secure FSMA
authorisation as “there will be no automatic conversion.” Firms already
authorised under FSMA for other activities will need to vary their permissions,
and cryptoasset firms relying on another FCA-authorised firm to approve
financial promotions must obtain direct authorisation to market to UK
customers.?? ?? ??? ????? ?????? ????????? ???????.From September 2026, all crypto firms must apply for FCA authorization before the new regime starts in October 2027.Is your business ready to comply?? Read more:https://t.co/PQ5kCf8Q5m#CryptoNews… pic.twitter.com/vh1uopHZZ2— Block Tides (@blocktides) January 9, 2026Firms Advised Seek Independent Compliance SupportThe FCA plans to hold information sessions to explain the
new regime, authorisation process, and standards. A pre-application support
service offers optional, free meetings to discuss business models and FCA
expectations, though these “do not guarantee a successful application” and are
not advice. Firms are encouraged to seek independent legal or compliance
support when preparing applications.Firms Face Restrictions Without Timely AuthorisationApplications submitted during the designated period can
expect to be determined before the regime begins. A saving provision allows
firms to continue offering crypto services while applications are pending or
under Upper Tribunal review. Applications submitted outside this period may
still be considered but will not receive expedited assessment, and firms not
authorised before the regime starts will enter a transitional provision,
maintaining existing contracts but restricted from new UK-regulated crypto activities
until authorisation is granted.
This article was written by Tareq Sikder at www.financemagnates.com.
FastBull Launches 2026 GOLD Global S1 Demo Trading Contest with 10,000+ Participants Registered
Following the successful conclusion of the 2025 FastBull Trading Contest Asia S1, the global financial information and charting platform FastBull officially announced the launch of its new global competition—the 2026 FastBull GOLD Gold Demo Trading Contest S1- 10 days left to registerRegistration for the contest has been underway for over two weeks and will close on January 19, 2026, at 23:59 (GMT+0). The competition will officially commence on January 20, 2026, at 00:00 (GMT+0).With 10 days remaining, the contest has attracted 10,282 participants globally, indicating broad engagement in gold-focused short-term trading. Participation is free, and traders can compete for available rewards.FastBull Trading Contest Asia S1 Recap: Trading in a Real Market Environment.The 2025 FastBull Trading Contest Asia S1 attracted 6,167 traders from multiple Asian countries and regions. The contest adopted a standardized contest system, with each participant allocated an initial virtual balance of USD 100,000 and 400x leverage, restricted to trading XAUUSD (Gold) only.Within the highly volatile gold market, participants were required to execute trades under strict competition rules, balancing strategy execution, position management, and risk control. The competition ultimately generated several outstanding performers. The top five winners - Ali (Pakistan), Ahmad (Indonesia), Aman (India), Priyanuj (India), and Mark (Philippines) - achieved a combined total profit of USD 1.5 million, and were awarded real trading account sponsored by BeeMarkets and TMGM.FastBull emphasized that contest results are intended to showcase differences in trading strategies under uniform market conditions and do not constitute investment advice or guarantees of returns.2026 FastBull GOLD Global S1: Expanding to a Global StageBuilding on the success of Asia S1, GOLD Global S1 opens participation to traders worldwide, offering a fair and standardized competition environment to demonstrate performance differences under the same market conditions.Competition Rules Overview:Automatic competition account creationInitial balance: USD 100,000Leverage: 400xTrading instrument: XAUUSD onlyRanking Criteria: based on net profit of contest accountsAfter the contest, the top 20 traders by net profit will have the opportunity to receive cash prizes or real trading account rewards sponsored by VT Markets, BeeMarkets, FXTM, Axi, FISG, and Spec FX, including:1st place: USD 6,000 cash reward2nd place: USD 3,000 real trading account reward3rd–20th place: USD 300–2,000 cash or account rewards, per contest rulesProfits generated in the reward accounts can be withdrawn subject to applicable terms and conditions. Final details are subject to the official competition rules.FastBull Marketing Director commented: "In Asia S1 2025 contest, we observed significant differences in entry and exit timing, position management, and drawdown control among traders, even under identical account parameters and market conditions. Based on this experience, the 2026 GOLD Global S1 will continue to enforce consistent rules, minimizing non-trading factors, so that rankings more accurately reflect trading decisions and execution skills."BeeMarkets Marketing Director added: "Our focus is on whether trading behavior is sustainable, rather than the outcome of individual trades. FastBull's contest mechanism, with rules on trade frequency, minimum holding time, and risk management, helps identify participants with mature trading logic."Trading and Analysis Powered by FastBull ChartsAll contest trades must be executed through the FastBull Web or FastBull App. FastBull provides multi-timeframe price charts, commonly used technical indicators, and visualized order and position displays to support participants in market analysis and trade management during the contest.In addition, FastBull allows traders to view price movements, historical trades, and current positions within a single interface, facilitating real-time decision-making and post-competition performance review. Competition accounts are displayed with distinctive identifiers, helping users clearly differentiate contest accounts from personal accounts in a multi-account environment.Users Can Register with 2026 FastBull Global Gold Demo Trading Contest S1Zero Capital Required, Practice in Real Market ConditionsAbout FastBullFastBull is a one-stop free market charting and financial information platform, offering interactive charts, real-time market data, trader rankings, economic calendars, expert Q&A, and trading contests. It helps users efficiently access market information and interact with traders worldwide.FastBull does not provide brokerage or investment advisory services. Its products and features are designed to offer tools for trading analysis, learning, and strategy validation.Over 10,000 Traders Have Already Joined — 10 Days Left to Register (https://www.fastbull.com/trading-contest/detail/2026-FastBull-GOLD-Global-S1-11?r=avu)
This article was written by FM Contributors at www.financemagnates.com.
TP ICAP Acquires Brokerage Firm Vantage Capital Markets for Its APAC Push
TP ICAP (LON: TCAP), the largest interdealer broker, announced today (Friday) the acquisition of global brokerage firm Vantage Capital Markets, which has a presence in London, Hong Kong, Tokyo, and Dubai.Despite the similarity in names, Vantage Capital Markets is unrelated to the Sydney-headquartered contracts for differences (CFDs) broker, Vantage.Pushing in APAC, as Well as the USThe acquisition is strategic, as it will strengthen TP ICAP’s position in equity derivatives and fixed income across markets, particularly in the Asia-Pacific region. The deal will also benefit Vantage, which can leverage the interdealer broker’s extensive US footprint.“This acquisition forms part of our targeted investment strategy to drive profitable growth, expand our global reach, and broaden our product offering,” said Nicolas Breteau, CEO of TP ICAP Group.
“It strengthens our presence in key APAC markets across several asset classes and opens opportunities in the US, where Vantage will be able to use our footprint to scale.”The acquisition is still pending regulatory approval. The companies expect to close the deal in the second quarter of 2026.[#highlighted-links#]
Absorbing the Existing TalentAlthough the financial terms of the deal remain undisclosed, the announcement confirmed that Vantage’s leadership team will join TP ICAP.“Joining TP ICAP, the world’s leading interdealer broker, marks a new chapter for us,” said Roderick Wurfbain, CEO of Vantage Capital Markets. “We are confident that, together, we will speed up our growth, especially in the US, and continue to provide strong service to clients worldwide.”Wurfbain has led Vantage for almost 27 years.FinanceMagnates.com previously reported that TP ICAP’s revenue for the nine months ended September 2025 reached £1.78 billion, driven by its core brokerage operations. Its Global Broking division led the growth with a 10 per cent rise in revenue, while its data and analytics unit, Parameta Solutions, added 5 per cent. This performance came despite a 3 per cent decline in the Energy & Commodities segment, which has faced broker departures to rivals.
This article was written by Arnab Shome at www.financemagnates.com.
“Many Brokers Use Buzzwords”: Your Bourse CEO on Technology Claims Without Data
“People like to talk about what’s new, but in our business,
what matters is whether the system holds when things go wrong.” That
understated remark from Elina Pedersen, Co-Founder & CEO of Your Bourse,
set the tone at the Finance Magnates London Summit 2025, where a conversation
that could have been dominated by artificial intelligence instead turned to a
more basic concern: reliability. Speaking with Finance Magnates Editor-in-Chief Yam Yehoshua,
Pedersen framed the past year as one in which brokers quietly reassessed their
technology stacks and, in many cases, their assumptions.FMLS, she noted, remains her “home event,” less a
marketplace for hype than a reunion of long-standing industry relationships
built over “15, 20 years.” That perspective shaped her view of recent growth.
Larger brokers, she said, have been moving away from platforms that struggled
with “stability issues,” prompting a wave of migrations driven less by price
and more by operational risk.Trust, Not Features, Shapes Broker Technology ChoicesFor Pedersen, the shift is about “trust rather than
features.” A technology provider, she argued, should not dictate terms but
assess fit. “It’s a bit like marriage,” she said. “Do we fit together? Can we
work together?”That thinking informed the firm’s latest product launch: a
trade server that functions as a full trading engine without a front end. The
design allows brokers to integrate third-party interfaces, such as TradingView
or proprietary systems, while relying on a stable execution core. The focus,
Pedersen stressed, is not on breadth but on robustness.Speed Claims Questioned as Brokers Expand GloballyIn a competitive market, she rejected the idea that growth
must come from offering everything. While many providers expand into CRMs or
portfolio tools, her firm has stayed focused on “ultra low latency trading and
execution technology.” Claims of speed, she warned, are often unsupported. “A
lot of companies use buzzwords, but they don’t really back it with data.”The risks of misplaced priorities become sharper when
brokers expand globally. Pedersen described a common mistake as “building a
skyscraper on the foundation of a garden shed,” particularly when firms choose
the cheapest infrastructure to accelerate early growth. Regulatory
environments, she added, often force discipline, but offshore models can allow
weaknesses to persist until failure becomes unavoidable."Inside High-Frequency Trading Systems: The Race to Zero Latency" https://t.co/EfHLIlOD6B pic.twitter.com/cifkRQP2Lb— Ralph Sueppel (@macro_synergy) November 11, 2025Technical Knowledge Gaps Drive Dealer TrainingA lack of technical understanding within broker management
only deepens the problem. “People who start brokers might be good in
marketing,” she said, “but they don’t really understand the dealing side.” That
gap has led to the creation of a dealers’ academy, aimed at training risk
managers and dealers rather than traders. The goal is to improve risk awareness
and infrastructure knowledge in an industry where, she argued, learning often
happens only through staff turnover.Development Strategy Prioritises Stability Over TrendsDespite its prominence elsewhere at the event, artificial
intelligence played a limited role in the discussion. Pedersen acknowledged its
use in internal processes but cautioned against overstatement. Effective
deployment, she said, depends on reliable data and clear objectives, adding
that much of what is branded as AI is closer to established machine learning.Looking ahead, Pedersen signaled continuity rather than
reinvention. Development efforts will remain centered on execution engines,
resilience, and latency. New initiatives, she suggested, will extend existing
strengths rather than chase trends.
This article was written by Tareq Sikder at www.financemagnates.com.
INGOT Brokers Enters Europe with New Cyprus Office
INGOT Brokers has entered the European Union by opening a new office in Limassol, Cyprus. The new office adds to INGOT’s existing presence in Australia, Dubai, Jordan, and Kenya.Bigger Plans for Europe?Although INGOT’s plans for Europe remain unclear, the new office indicates an intention to tap into the existing retail trading industry in Cyprus.INGOT is regulated in multiple jurisdictions, including Australia, Seychelles, Kenya, and Jordan. It has also received a licence from Dubai’s Securities and Commodities Authority (SCA). However, it does not yet hold a European licence.Read CySEC Chair's interview with Finance Magnates: “Honestly, No Matter What We Do, Scammers Will Find New Ways to Deceive Investors”Cyprus has long been one of the preferred jurisdictions for forex brokers, mainly due to the large industry talent pool on the island and its regulatory framework. Brokers targeting European markets often set up a regulatory presence on the island.Recently, the founders of The5ers, a prop trading firm, entered the contracts for differences (CFDs) brokerage industry by launching a Cyprus-based retail broker.[#highlighted-links#]
Cyprus Is Facing CompetitionMeanwhile, the island’s position is facing growing competition from the United Arab Emirates. While many brokers have set up offices and obtained licences in Dubai, some established brands have closed their operations in Cyprus.Squared Financial, which ran most of its operations from Cyprus, formally began the process of surrendering its licence with the island’s regulator. Orbex is another broker that has already closed its Cyprus-based operations and now offers services only from offshore locations.BDSwiss followed a similar path. The broker first stopped offering services to retail clients before fully returning its Cyprus licence in 2024.Several other major Cyprus-based brands, including Exness, FXTM, IronFX, and RoboMarkets, have also stopped onboarding retail CFD traders under their Cyprus licence and are now focusing mainly on offshore markets. While some still hold their Cyprus licence, others have given it up.Doo Group, which opened its second Cyprus branch last year, has vacated its Limassol office. The broker has also rebranded its UK and South African units as RKX Financial.
This article was written by Arnab Shome at www.financemagnates.com.
Privacy Crypto Zcash Tumbles 25% After Core Developer Team Reportedly Leaves
The privacy-focused cryptocurrency Zcash saw its token
fall by up to 25% in 24 hours after Electric Coin Company, one of its main
development firms, said its entire team had left the project. ECC framed the move not as a normal restructuring but
as a forced departure, claiming that governance changes at the nonprofit that
oversees it made ongoing work impossible.ECC Accuses Board of “Malicious” GovernanceECC chief executive Josh Swihart said staff were
“constructively discharged,” arguing that their employment terms changed so
much that they could no longer perform their roles “effectively and with
integrity,” Coindesk reported.Zcash's entire core dev team just resigned.The $ZEC token is down 20% on the news.Is this the end of the privacy meta? pic.twitter.com/ky6wyUy8vg— Lark Davis (@LarkDavis) January 8, 2026Swihart said a majority of board members at Bootstrap had moved into “clear misalignment” with what he
described as Zcash’s mission.He added that ECC viewed recent decisions as
“malicious governance actions” that blocked the company from carrying out its
mandate under the current structure.According to Swihart, the conflict escalated to the
point where the team no longer believed it could maintain what it saw as the
project’s principles while operating under Bootstrap’s oversight.You may also like: How High Will XRP Price Go In 2026? XRP Just Crushed Bitcoin and Ethereum Returns, Gains 25%He stressed that the Zcash protocol itself remains
technically unaffected by the personnel shakeup, with the network continuing to
function despite the loss of a key development group.Following the departure, the former ECC team is
forming a new company, which Swihart says will continue to focus on Zcash’s
founding idea of “building unstoppable private money.”Bootstrap Cites Nonprofit Law and Fiduciary DutyBootstrap, the 501(c)(3) nonprofit that provides
governance oversight for ECC, cast the situation very differently in a
statement following Swihart’s posts. The organization described the dispute as
a governance and legal matter tied to its status as a public-benefit nonprofit
under U.S. law.It said the board had explored outside investment and
alternative structures involving Zashi, a Zcash wallet project, but stressed
that any deal had to comply with nonprofit rules and protect mission-owned
assets from private capture.For Zcash holders, the immediate impact is clear in
the token’s price reaction, but the long-term effect will depend on how quickly
the ecosystem reorganizes around new or existing development groups. The protocol’s design and codebase remain in place,
and other contributors can, in principle, step into roles that ECC previously
filled. However, the loss of an experienced, cohesive team introduces execution
risk around upgrades, maintenance and external partnerships.
This article was written by Jared Kirui at www.financemagnates.com.
Binance Taps 120% Silver Rally with Round-the-Clock TradFi Perpetual Contracts
Binance has moved to close another gap between
traditional markets and crypto by launching regulated perpetual contracts on
gold and silver that settle in USDT and trade 24/7. The new products give crypto-native traders a way to
access traditional assets while offering traditional investors a regulated
entry point into digital asset venues through a structure they recognize.TradFi meets crypto.Gold & Silver now trade 24/7 on Binance Futures.Know more ? https://t.co/iMDb7VTdQf pic.twitter.com/j54EgO5VvS— Binance (@binance) January 8, 2026New TradFi Perpetuals on BinanceAccording to the exchange, the first two contracts, XAUUSDT and XAGUSDT, reportedly track
the prices of gold and silver respectively and started rolling out to eligible
markets in early January 2026, with gold listed on 5 January and silver on 7
January.“The launch of TradFi Perpetual Contracts marks a key
step in bridging traditional finance and crypto innovation, said Jeff Li, VP of
Product at Binance.“By providing round-the-clock access to conventional
assets with a seamless trading experience, we empower users to diversify and
manage their portfolios more effectively.”Related: Why Silver Is Falling With Gold and Why Robert Kiyosaki Predicts a $200 Price by 2026Silver prices has experienced heightened volatility in
the recent past. At 74 USD/t.oz, the price is at nearly 120% high year-on-year. The platform plans to add more pairs over time,
extending the range of traditional instruments available to both crypto and
TradFi participants.Unlike dated futures, these contracts have no expiry
and remove the need to roll positions into new maturities. Binance positions
them as tools that traders can use to hedge commodity exposure, diversify
portfolios that already hold crypto, or increase directional bets across both
asset classes using leverage.The company also frames the launch as another step in
aligning its derivatives business with higher compliance standards, which have
become more important as authorities scrutinize how crypto platforms handle
complex products. 24/7 Access to Traditional AssetsA key feature of the new offering is round-the-clock
access to gold and silver price exposure. Traditional commodity markets trade
within fixed sessions and close overnight or on holidays, which can leave price
gaps when they reopen after major news or macro events. Binance’s perpetuals
stay open 24/7, effectively extending access beyond usual market hours and
allowing users to express views or adjust risk at any time.Rival crypto exchange Bitget recently rolled out its TradFi trading suite to all users after wrapping up a private beta that began
in December. The test phase reportedly drew strong interest, centered on
trading gold, forex, and broader global macro assets.During the beta, more than 80,000 users joined a
waitlist to gain access to non-crypto products, and overall activity surpassed
the platform’s internal targets. XAU/USD alone generated over $100 million in
single-day volume, making it one of the most heavily traded instruments in the
trial.
This article was written by Jared Kirui at www.financemagnates.com.
After Securing MiCA Licence, StoneX Digital Partners with EDG for Structured Products
StoneX Group Inc. and Enhanced Digital Group Inc.
announced a partnership to expand their digital asset offerings. As
part of the agreement, StoneX led EDG’s Series A funding round and acquired a
minority stake in the company.The development follows StoneX
Digital receiving a Crypto-Asset Service Provider licence under the
European Union’s Markets in Crypto-Assets Regulation, granted by the Central
Bank of Ireland.StoneX Group also operates Forex.com, a retail trading brand
offering foreign exchange and CFD trading through locally regulated entities in
multiple jurisdictions.Expanding Institutional Digital Asset OfferingsStoneX Digital, launched in June 2022, provides
institutional clients with access to digital assets and related trading tools.
EDG, founded in 2021 by Chris Bae and Chet Sennik, develops bespoke structured
solutions and OTC derivatives for digital assets.Brian Mulcahy, CEO of StoneX Digital, said the partnership
aims to “enable clients to safely and securely integrate a new asset class” and
to provide a broader range of digital asset products to institutional clients.StoneX Leverages EDG “Expertise”The collaboration allows StoneX to leverage EDG’s experience
in derivatives and structured products, while EDG gains access to StoneX’s
digital asset spot and futures offerings. Both firms expect the partnership to
enhance product development and provide more sophisticated crypto derivative
trading solutions to institutional clients.FOREX.com Launches 24/7 Crypto CFD TradingAlongside its institutional partnership with EDG, StoneX
Group has expanded its retail digital asset services through FOREX.com. The
platform has launched 24/7 cryptocurrency CFD trading, allowing clients to
access digital assets without the traditional weekend gap. The move follows similar steps by other brokers, including
Hantec Markets and CMC Markets, as crypto volatility rises. FOREX.com also
extended trading hours for around 160 stock CFDs, covering major companies
alongside digital assets. The changes align with the UAE’s broader efforts to develop
digital finance, supported by VARA and the Securities and Commodities
Authority. Market analyst Razan Hilal noted that demand for continuous market
access is increasing in the region.
This article was written by Tareq Sikder at www.financemagnates.com.
IG’s Veteran Adam Blemings Exits After Two Decades at the London-Listed Broker
IG Group’s Trading Director, Adam Blemings, has left
the London-listed broker after nearly 20 years, adding to a wave of senior
departures across major firms.Veteran Trading Boss Steps DownBlemings confirmed that his IG career ended as
2025 came to a close, saying he left “just shy of the 20-year milestone.” “As 2025 came to a close, so did my IG career, just
shy of the 20-year milestone. It’s been a hell of a ride, and I feel incredibly
fortunate to have worked with so many talented people over the years, many of
which I now count as friends, not just colleagues.”Blemings joined IG in 2006, shortly after the broker
returned to the market with a re-listing following a management buyout backed by CVC Capital Partners. His
arrival came during an expansion phase for the firm as it built out its trading
capabilities and product range. Over time, he became one of the longest-serving
figures on the trading side of the business.Blemings started his IG career as a futures dealer,
working on listed derivatives that underpin much of the broker’s offering. He
subsequently worked on six other roles before his departure: Chief Dealer for
future, Head of Dealing (Australia), Deputy Head of Futures and FX, Head of
Futures and FX, Head of Trading, and Trading Director.More executive moves: Former FCA Associate Bruno Almeida Named Sucden Financial CFO“One of my biggest learnings as Trading Director was
the power of followership. Good leadership creates the conditions for strong
followership—trust, purpose, respect, and empowerment—while strong followers
actively choose to engage, contribute, and support a leader’s direction,” he said.“I hope I came close to earning the level of
followership that my own managers inspired in me, and I remain indebted to them
for their support, trust, and wisdom.”Part of Wider Senior TurnoverIG has not announced Blemings’ next role or
named a permanent successor, but his exit reshapes the upper tier of the
trading organization.At the board level, the group said last year that its outgoing Chairman Mike McTighe had agreed to stay on in the role beyond his planned
retirement at the end of 2025 while the firm completes the process of
appointing his successor, adding that the search for a permanent replacement is
“progressing well” even though no final candidate has yet been agreed.Blemings said he plans to take an extended break at
the start of 2026 and then consider his next steps.
This article was written by Jared Kirui at www.financemagnates.com.
cTrader Mobile 5.6 Updates Tools for Retail Traders as Market Set to Hit $133B by This Decade
Spotware, the developer of the multi-asset trading platform
cTrader, has released cTrader Mobile 5.6. The update introduces features aimed
at improving transparency, usability, and visual clarity for traders.Mobile trading has accelerated since the COVID-19 pandemic,
as investors seek accessible ways to participate in the retail stock market.
Mobile apps allow users to trade anytime and anywhere, providing flexibility
and faster access to opportunities. The market is projected
to reach $42.36 billion in 2024 and exceed $133.32 billion by 2030,
reflecting strong growth potential.Equity Charts, Candle Countdown, Redesigned LandscapeThe new version adds an equity chart to the account
dashboard. The chart shows how trading activity, deposits, and withdrawals
affect account equity over time. Users can select specific periods to review
account performance.A candle countdown has been added to charts, indicating the
time remaining before the current candle closes. Spotware said the feature
supports more precise timing in trading strategies and was developed in
response to user requests.The landscape view has been redesigned to provide a larger
chart area. Quick Trade and toolbar functions remain accessible in a single-row
format, reducing interface clutter and improving readability.Traders Approach Delivers “Practical Improvements”Charts have also been refined with a transparent price axis
and the removal of axis separators. Users can drag and resize charts with more
flexibility.Version 5.6 introduces live trading ribbons. These are
in-app prompts that suggest account actions, such as opening or funding an
account. Ribbons appear only when relevant and can be managed or disabled by
brokers.“With cTrader Mobile 5.6, we are strengthening the mobile
experience in ways that matter across the trading ecosystem,” said Sergey
Borisov, Product Manager for cTrader Mobile at Spotware. “Our Traders First
approach turns feedback into practical improvements.”Mobile Trading Surges Among CFD BrokersThe trend toward mobile trading extends beyond individual
platforms. Nearly nine out of ten CFDs trades at Plus500 are now executed on
mobile devices, representing
89 per cent of the broker’s H1 2025 OTC revenue. This is well above the industry average of 55.5 per cent in
Q2 2025. Plus500’s mobile share has grown steadily since 2018, rising from 73
per cent to over 82 per cent by 2023. The broker attributes high mobile usage to its
mobile-focused system design, consistent interface across devices, and
mobile-centric marketing, though overall industry adoption remains lower.
This article was written by Tareq Sikder at www.financemagnates.com.
Former FCA Associate Bruno Almeida Named Sucden Financial CFO
Sucden
Financial has promoted Bruno Almeida to Chief Financial Officer. Almeida joined
the multi-asset broker in September 2024 as director of regulatory and
financial risks. The firm created that position specifically for him when he
arrived from FNZ Group, where he ran finance operations for the UK, Middle East
and Africa region.CEO Marc
Bailey said Almeida "has already made a significant contribution to Sucden
Financial, in particular through the implementation of enhanced capital and
liquidity risk management systems and processes."Bailey
added that "Bruno's expertise will be invaluable as we enter new markets
and create more opportunities for our clients."Background at UK RegulatorBefore his
stint at FNZ, Almeida spent almost four years at the FCA's Prudential
Specialists Department as a Lead Associate. He reviewed how regulated firms
managed risk, structured their governance and handled capital requirements.
That regulatory experience followed earlier roles at Itaú BBA International and
KPMG, where he audited retail banks, investment banks, and funds.Almeida
sits on Sucden Financial's executive committee and oversees relationships with
exchanges. He holds nearly two decades of experience in financial services,
specializing in financial risks and regulation.The
promotion follows a year of executive changes at Sucden Financial. The
firm hired Rob
Noyce from Bloomberg to
lead exchange-traded derivatives in September 2024, the same month Almeida
joined.Expansion Funded by Credit
FacilitySucden
Financial secured a $100
million revolving credit line from four banks in July 2025 to fund growth plans. The facility
allows the company to draw down, repay and borrow again up to the specified
limit.The
broker reported a 55%
jump in profit for
2024, with revenue climbing 22% to £85.2 million. Return on capital nearly
doubled, prompting the firm to increase its
dividend by 50% to
£15 million. The company opened a Singapore branch and launched a German
subsidiary that began operating in early 2025.Sucden
Financial trades foreign exchange, fixed income and commodities. The
London-based firm has operated for 52 years under the ownership of Sucden, a
commodity trading group, while maintaining independent trading operations. The
FCA authorizes and regulates the company.
This article was written by Damian Chmiel at www.financemagnates.com.
Bitcoin Price Prediction 2026: Can BTC Hit $225K or Will Fall to $75K?
Bitcoin
dropped to $90,000 on Thursday, January 8, 2026, declining 2.57% as the
cryptocurrency tests critical support levels following its third consecutive
session of losses. The world's
largest digital asset remains approximately 28% below its October 2025 all-time
high of $126,000, trapped in a consolidation pattern that has defined trading
since mid-November. Industry executives and investors have released their 2026
Bitcoin price predictions, presenting a wide range from $75,000 to $225,000
that reflects deep uncertainty about the cryptocurrency's trajectory this year.Earlier
analysis explored why BTC rallied to record heights driven by institutional adoption and
regulatory optimism under the Trump administration, but 2026 presents new
challenges and catalysts that could determine whether Bitcoin breaks out to new
highs or tests deeper support levels.In this article, I will examine how high Bitcoin can go in 2026 and what the current Bitcoin price predictions are.How High Can Bitcoin Go In
2026?The
divergent forecasts come as Bitcoin navigates a complex investing environment
characterized by stretched equity valuations, evolving monetary policy, and a
transition from retail-driven price action to institutionally-dominated market
structure. "We
are in a complex investing environment. Equity valuations are stretched, the
geopolitical environment is chaotic and evolving, there are fears about the
near-term durability of AI capex deployment, monetary policy conditions appear
to be shifting, and the U.S. midterm elections are on the horizon,"
explains Alex Thorn, head of research at Galaxy. "Against
this backdrop, the outlook for Bitcoin in 2026 is tough to predict."What do the
specific Bitcoin price forecasts look like?Carol Alexander:
$75,000-$150,000 High-Volatility RangeCarol
Alexander, professor of finance at the University of Sussex, forecasts Bitcoin
will remain in a "high-volatility range" between $75,000 and $150,000
in 2026, with the "centre of gravity around" $110,000. Her thesis
centers on a fundamental market transition: "The market digests a
transition from retail-led cycles to institutionally distributed
liquidity."Historically,
Bitcoin's price has been driven primarily by retail traders whose behavior
created the characteristic boom-bust cycles. However, over the past two years,
institutional investors have increasingly entered the space through Bitcoin
ETFs, corporate treasury strategies, and regulated investment vehicles.
Alexander expects this institutional presence to dampen volatility while
maintaining a wide trading range as the market adjusts to new dynamics.An increasing number of CFD brokers are also moving toward cryptocurrencies. At the beginning of 2026, the owner of FOREX.com, StoneX, added a crypto offering under its MICA license through its entity StoneX Digital.Alexander's Track Record:2026 previous call: $200,000 target did not
materializeSummer 2025 call: Predicted "$150,000
plus or minus $50,000" - accurate, as Bitcoin traded above $100,000
during that periodOverall assessment: Strong medium-term
accuracy with conservative long-term projectionsThe
professor's $75,000 floor aligns closely with my technical analysis showing
support at $74,000, representing 2025 yearly lows last tested in April.CoinShares:
$120,000-$170,000 With Second-Half StrengthJames
Butterfill, head of research for crypto-focused asset manager CoinShares,
expects Bitcoin to trade between $120,000 and $170,000 in 2026, with "more
constructive price action likely occurring in the second half of the
year".Butterfill
identifies the Federal Reserve chair transition as a critical catalyst. Jerome
Powell's tenure ends in May 2026, and President Trump is expected to appoint a
successor with Kevin Hassett and Kevin Warsh considered front-runners.
"The new person is likely to be dovish," Butterfill notes, "but
markets will wait for clarity before repricing risk assets more
decisively."Trump has
made immediately cutting interest rates a "litmus test" for the next
Fed chair. The Fed has already reduced rates by 175 basis points cumulatively
over 2024-2025, bringing the target range to 3.50-3.75%.Key
Catalysts Butterfill Is Watching:Fed chair appointment and
dovish policy confirmation (post-May 2026)U.S. Clarity Act passage
creating regulatory framework for digital assetsResolution of persistent
regulatory overhang affecting institutional adoptionInflation shocks or policy
errors driving demand for "alternative, non-sovereign monetary
assets""Regulation
has been a persistent overhang; resolution here would be a meaningful
catalyst," Butterfill emphasizes.CoinShares Track Record:December
2024 low: Predicted $80,000 — materialized2025
high: Forecast $150,000 — did not achieveStandard Chartered: $150,000 Target Revised DownStandard
Chartered maintains a Bitcoin price forecast of $150,000 for 2026,
significantly revised down from its previous $300,000 call issued earlier. This
revision aligns with other
institutional forecasts showing BTC hitting only $150K in 2026 as market dynamics shift.Geoff
Kendrick, the bank's global head of digital asset research, explains that the
price decline seen in 2025 "was within expected bounds." However, the
structural changes in Bitcoin buying patterns prompted the dramatic revision."Specifically,
we think buying by Bitcoin digital asset treasury companies (DATs) is likely
over, as valuations no longer support further Bitcoin DAT expansion,"
Kendrick states. DATs are entities like Strategy (formerly MicroStrategy) that
accumulate large Bitcoin holdings and attempt to outperform the market through
leveraged positions.Maple Finance: $175,000 on
Bitcoin-Backed Lending BoomSidney
Powell, CEO of Maple Finance, maintains a $175,000 price target for Bitcoin in
2026, supported by interest rate cuts and "increasing institutional
adoption of Bitcoin".Powell
identifies a major milestone that could catalyze the next leg up:
Bitcoin-backed lending exceeding $100 billion in 2026. "Bitcoin holders
are increasingly sophisticated, they don't want to sell their BTC; they want to
borrow against it," Powell explains. "This
creates a virtuous cycle: less selling pressure, more utility, higher
prices."The
Bitcoin-backed lending thesis suggests that as institutional holders mature,
they will use Bitcoin as collateral rather than liquidating positions. This
reduces circulating supply available for purchase while demonstrating Bitcoin's
utility as a financial asset beyond pure speculation.Powell's Track Record:December 2024: Correctly predicted
corrections in 20252025 high: Bullish call of
$180,000-$200,000 did not materializeNexo: $150,000-$200,000 as
Supply Risk EasesIliya
Kalchev, analyst at cryptocurrency exchange Nexo, forecasts Bitcoin reaching
$150,000 to $200,000 in 2026 as supply dynamics improve.Nexo's
previous 2025 call of $250,000 "was less a rejection of its long-term
thesis and more a consequence of market mechanics colliding with a shifting
macro backdrop," Kalchev explains. The key issue was long-term holders who
had accumulated Bitcoin at lower prices during bear markets began distributing
their holdings as prices surged, creating resistance."Bitcoin
is entering 2026 with less supply risk and a broader capital base,"
Kalchev argues. The long-term holder distribution phase is ending, as much of
the accumulated supply from the 2022-2023 bear market has already been sold to
institutional buyers. Meanwhile, "institutional allocations gradually rise
from still-modest levels."Bit Mining:
$75,000-$225,000 Wide Volatility RangeYouwei
Yang, chief economist at Bit Mining, presents the widest forecast range among
major predictions: $75,000 to $225,000. This 200% spread reflects extraordinary
uncertainty about how multiple competing forces will resolve."2026
could be a strong year for Bitcoin, supported by potential rate cuts and a more
accommodating regulatory stance toward crypto," Yang states.
"However, heightened volatility is likely amid ongoing macroeconomic and
geopolitical uncertainties."Yang's Track Record:December
2024 low: Predicted $80,000 — materialized2025
high: Forecast $180,000-$190,000 — did not achieveThe
$225,000 upper bound represents a scenario where all bullish factors align:
aggressive Fed easing, breakthrough regulatory clarity, sustained institutional
inflows, and favorable macroeconomic conditions. The $75,000 lower bound assumes policy errors,
inflation shocks, or financial system stress that triggers risk-off selling
across all speculative assets.Expert Bitcoin Price
Predictions 2026: Comparison TableConsensus
Range: $120,000-$175,000
(clustering around mid-range institutional scenarios)Outlier Scenarios:Bear case: $75,000 (Alexander/Yang
low end, technical $74K target)Bull case: $200,000-$225,000
(Nexo/Yang high ends)Technical Analysis:
$74,000 Bear Target vs ATH ReturnAccording
to my technical analysis, Bitcoin's price action on January 8, 2026, shows
little fundamental change to the structure established since mid-November.
Bitcoin is currently testing round psychological support at $90,000 after
declining for the third consecutive session from mid-November highs.Current Consolidation Structure:Upper boundary: $92,000-$94,000 (50 MA,
100% Fibonacci extension)Lower boundary: $84,000-$86,000
(November-December lows, 78.6% Fibonacci retracement)Current price: $91,257 (testing
mid-range support)Bitcoin
remains trapped in this nearly two-month consolidation, moving sideways while
indicators reset from the October euphoria. The structure suggests accumulation
or distribution depending on which boundary breaks first.Bitcoin Medium-Term
Bearish OutlookBased on my
technical analysis, the medium-term outlook remains structurally bearish with
targets pointing toward continuation of declines toward $74,000 -
representing 2025 yearly lows last tested in April. At that level, I expect
reaccumulation by long-term institutional holders before an eventual return to
challenge all-time highs above $126,000.This
bearish thesis finds support from multiple expert commentaries. "Bitcoin
remains in a bullish consolidation phase. Key upside resistance lies at
$95,000–$100,000, with heavy call option interest around the $100k strike for
January expiry," notes Andri Fauzan Adziima, research analyst at crypto
exchange Bitrue. "Immediate support sits at $88,000–$90,000, a break below
could trigger a deeper correction."Paul Howard
at Wincent identifies a specific technical catalyst: "The next natural
step for BTC and ETH is likely a break below $91,000 to fill the CME gap."
CME (Chicago Mercantile Exchange) gaps occur when Bitcoin futures open at
prices significantly different from their previous close, creating unfilled
price zones that markets often revisit.Howard
tempers bullish enthusiasm: "Some anticipate Bitcoin catching up with Gold
and Silver's strong run, but my money is on prices oscillating around these
levels given January is typically a flat month for crypto prices (the last 15
years)."Bullish Invalidation
LevelsThe bearish
structure would be negated by sustained breakout above the $92,000-$94,000
upper boundary. More definitively, a return above $100,000 (where the 200-day
exponential moving average resides) would signal the separator between
downtrend and uptrend has been reclaimed, according to my analysis.Bitrue's
Adziima emphasizes that "there will still be volatility, but the 2026
fundamentals stay strongly bullish" - a sentiment echoed by most
institutional forecasters despite near-term technical weakness.Bitcoin Key 2026 Catalysts
and RisksBullish CatalystsFed chair transition (May
2026): Trump's
"litmus test" for immediate rate cuts could bring dovish
successor like Kevin Hassett or Kevin Warsh, dramatically shifting
monetary policy expectationsRate cut potential: Grvt's Stan Low notes
policymakers "appear open to be more accommodative in terms of
liquidity, given funding market stress," though inflation trajectory
will dictate actual cutsRegulatory clarity: Grayscale expects
Congress to pass Clarity Act in 2026, cementing "blockchain-based
finance in U.S. capital markets and facilitate continued institutional
investment"Bitcoin-backed lending
milestone: Maple
Finance projects lending exceeding $100 billion, creating "virtuous
cycle" of reduced selling pressureInstitutional adoption
maturation: Gemini's
Liou identifies "dawn of the institutional era" as 4-year retail
cycles transition to stable institutional accumulationSustained ETF inflows: Despite DAT exhaustion,
Bitcoin ETF demand remains primary price driver per Standard CharteredBearish RisksDAT buying exhaustion: Standard Chartered warns
digital asset treasury companies "can no longer support Bitcoin
prices through leveraged buying as their valuations have become
unsupportive of further capital raises"Inflation/policy errors: CoinShares' Butterfill
cites "inflation shocks or policy errors from the Fed" as key
risks undermining risk assets despite dovish rhetoricMacro uncertainty: Galaxy's Thorn emphasizes
"fears about the near-term durability of AI capex deployment"
and stretched equity valuations creating fragile environmentGeopolitical volatility: "Chaotic and
evolving" geopolitical environment plus U.S. midterm elections could
trigger sharp movesTechnical breakdown: Break below
$88,000-$90,000 support "could trigger a deeper correction"
toward $74,000 target per Bitrue analysisJanuary seasonality: Wincent's Howard notes
"January is typically a flat month for crypto prices (the last 15
years)," limiting near-term upside2026 Outlook: Volatility
With Structural Strength"Recently,
BTC and ETH has surpassed 93k and 3.2k respectively, likening its price action
to other risk-on assets and showing signs of a structural shift," observes
Grvt's Stan Low. "In the short-term, the detention of Nicolas Maduro and markets
being clear from EOY tax loss harvesting, have served as green shoots and
positive catalysts."However,
Low cautions that "it could be too soon to definitively declare that
crypto markets are totally out of the woods." This measured optimism
characterizes most institutional forecasts for 2026: structurally bullish on
adoption and infrastructure development, but tactically cautious about
near-term price action.While most
analysts present bullish to moderately bullish cases, extreme bear scenarios
exist. Saxo Bank's
'Outrageous Predictions' warned Bitcoin could theoretically fall to zero in a quantum computing
breakthrough scenario, though this represents a tail-risk rather than base-case
forecast.The
consensus view clusters around $120,000-$175,000, with Bitcoin likely
oscillating within the current $84,000-$94,000 consolidation range until
decisive catalysts emerge. The Fed chair appointment in May 2026 represents the
most probable inflection point where markets will reprice Bitcoin based on
clarity around monetary policy direction.FAQ: Bitcoin Price
Prediction 2026What is the Bitcoin price
prediction for 2026?Expert
predictions for Bitcoin in 2026 range from $75,000 to $225,000, with consensus
clustering around $120,000-$175,000. Carol Alexander (University of Sussex)
forecasts $75K-$150K, CoinShares predicts $120K-$170K, Standard Chartered
targets $150K, Maple Finance expects $175K, Nexo sees $150K-$200K, and Bit
Mining projects $75K-$225K. Current price is $91,257 as of January 8, 2026.How high can Bitcoin go in
2026?The highest
Bitcoin price predictions for 2026 are Bit Mining's $225,000 bull case, Nexo's
$200,000 upper range, and Maple Finance's $175,000 target. These projections
assume favorable conditions including aggressive Fed rate cuts, breakthrough
regulatory clarity (Clarity Act passage), sustained ETF inflows, Bitcoin-backed
lending exceeding $100 billion, and easing financial conditions with softer
dollar.Will Bitcoin reach
$200,000 in 2026?Bitcoin
reaching $200,000 in 2026 is possible but conditional according to Nexo analyst
Iliya Kalchev, who states "if financial conditions turn more supportive –
through easing policy, a softer dollar, or renewed liquidity expansion –
Bitcoin could revisit and exceed prior highs". This requires long-term
holder distribution completing, institutional allocations rising, and macro
conditions improving significantly from current levels.Will the Fed Chair change
affect Bitcoin price?The Fed
chair transition after Jerome Powell's May 2026 tenure end is a critical
catalyst per CoinShares' James Butterfill, who notes the new chair is
"likely to be dovish" but "markets will wait for clarity before
repricing risk assets more decisively". Trump has made immediately cutting
rates a "litmus test" for the successor, with Kevin Hassett and Kevin
Warsh as front-runners. This represents the most significant H1 2026 inflection
point.What is the most accurate
Bitcoin prediction for 2026?Carol
Alexander has strong track record with accurate Summer 2025 call of "$150K
plus or minus $50K" when Bitcoin traded above $100K. Her 2026 forecast of
$75K-$150K range with $110K center aligns with my technical analysis showing
consolidation structure ($84K-$94K) and $74K bear target. CoinShares correctly
predicted December 2024 $80K low though missed $150K high. Consensus
$120K-$175K represents middle-ground institutional view.
This article was written by Damian Chmiel at www.financemagnates.com.
Turkmenistan Opens Its Crypto Market to Miners and Exchanges — But Will They Come?
Turkmenistan’s new Law on Virtual Assets, which came into force on January 1, 2026, has formally legalised cryptocurrency mining and digital asset exchanges in a country with some of the world’s lowest energy costs. While the move is designed to attract foreign investment, it does so within a tightly controlled, licence-driven framework that may deter all but the most compliant operators.
Signed into law in November 2025, the legislation is part of a broader effort to diversify an economy heavily reliant on natural gas exports. It establishes a legal pathway for crypto-related activity, but under a model that prioritises centralised oversight and regulatory control over market openness. A “Walled Garden” Model for Crypto Activity
For exchanges, service providers and mining operators considering Turkmenistan, the law sets clear boundaries. All crypto-related activity is subject to approval by the central bank, which acts as the primary gatekeeper for licensing, supervision and enforcement.
Foreign firms must establish a local legal entity with a resident director in order to qualify for a licence. Licensees are also required to implement full KYC and AML procedures, include explicit risk warnings in marketing materials, and comply with strict reporting obligations. Anonymous wallets and transactions are prohibited.
Crucially, the law defines virtual assets as property rather than legal tender, meaning cryptocurrencies cannot be used for payments for goods and services within the country.
Despite the regulatory constraints, the economic appeal is clear. Turkmenistan holds the world’s fourth-largest natural gas reserves, resulting in exceptionally low electricity costs, a key factor for energy-intensive mining operations.
The country is positioning itself alongside regional peers such as Kazakhstan and Uzbekistan, both of which have moved to regulate digital assets. Turkmenistan’s framework closely mirrors this regional approach, combining formal legality with tight state oversight. What Happens Next
While the law is now in effect, much of the practical implementation remains unresolved. Detailed secondary regulations and a formal licensing roadmap have yet to be published. Industry observers estimate that establishing a local entity, navigating administrative procedures and securing regulatory approval could take more than six months for a foreign entrant.
For companies evaluating this frontier market, the next steps are largely preparatory: structuring international corporate arrangements linked to a Turkmen subsidiary, drafting AML and counter-terrorism financing policies tailored to local requirements, and engaging advisors familiar with the country’s political and bureaucratic environment.
The true shape of the market will only become clear once regulators begin publishing a register of licensed entities and foreign firms publicly signal their intent to enter.
Turkmenistan’s new crypto law sends a clear message to the global industry. The country is open to digital asset activity, but only on its own terms — favouring well-capitalised operators willing to operate within a tightly controlled regulatory perimeter.
For miners and exchanges, the opportunity is real, but so are the constraints. Whether the combination of cheap energy and legal certainty outweighs the cost of compliance and operational friction will determine who, if anyone, ultimately takes up the offer.
This article was written by Tanya Chepkova at www.financemagnates.com.
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