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Gold-i Adds Edgewater to MatrixNET, Enhancing FX and Metals Trading Options
Edgewater
Markets, a non-bank gold liquidity provider, has integrated with financial
technology company Gold-i, connecting its trading infrastructure with Gold-i's
MatrixNET liquidity management platform, the companies announced today (Thursday).Edgewater Markets
Integrates with Gold-i's MatrixNET PlatformThe
integration allows Gold-i clients to access Edgewater's precious metals,
foreign exchange (FX), and non-deliverable forwards (NDFs) liquidity, while
providing Edgewater's clients with Gold-i's liquidity management capabilities."Our
integration with Gold-i enables us to combine our unrivalled regional credit
facilities and trading solutions with Gold-i's powerful liquidity management
and distribution platform,” said Emanuel Georgouras, the UK CEO of Edgewater. “It
brings together two market leading technology providers, leveraging both our
strengths to enhance our clients' trading environments."Gold-i's
MatrixNET platform offers various routing and aggregation methods that allow
users to customize execution models based on client preferences. The system is
designed to help institutional clients access liquidity pools, achieve better
pricing, expand their client base, and reduce toxic trading."Edgewater
is a fantastic addition to our MatrixNET, giving even greater choice to our
clients," said Tom Higgins, Gold-i CEO. "Our integration with
Edgewater provides our clients with access to high quality precious metals and
FX liquidity with tight spreads. It enables Edgewater's clients to management
their liquidity with ease and access a wide range of advanced liquidity
management features."Gold-i Targets CryptoLast year,
Gold-i made several moves in the cryptocurrency space, forming a partnership
with Cypator and expanding its digital asset liquidity offering for FX/CFD
brokers.At the same
time, the company struck a separate deal with the crypto exchange Bullish,
which recorded an average daily trading volume of $1.6 billion in 2024.In an
interview with Finance Magnates, Higgins acknowledged that "Crypto
liquidity and FX liquidity are sort of coming together," highlighting
Gold-i’s growing interest in Bitcoin and similar digital assets. “When
you've got a traditional retail FX broker, and they want to access crypto
liquidity, how do they make that happen? It's different liquidity providers;
it's different ways of accessing it. The technology is similar, but you need
different angles on it.”Edgewater
Markets has operated its prime brokerage business since 2006 and launched an
institutional-only margin business in 2023 under Georgouras' leadership.
Gold-i, headquartered in the UK with global operations, provides technology
solutions for brokers, funds, liquidity providers, and exchanges in both the FX
and digital asset sectors.
This article was written by Damian Chmiel at www.financemagnates.com.
Exclusive: 80-100 Prop Firms Shut Down in 2024's Industry Reshuffle
The prop
trading industry has just witnessed its most dramatic shake-up yet. Over the
past year, between 80 and 100 proprietary trading firms have shut down,
challenge pass rates have plummeted, and the average trader’s investment has
dropped by 50%. Yet, amid the chaos, a few dominant players are emerging
stronger than ever.Even 100 Prop Firms Gone
in 2024According
to estimates gathered by Finance Magnates Intelligence, between 80 and
100 proprietary trading firms may have disappeared from the market in 2024. This aligns with data presented by FunderPro mid-year, which estimated that the number had already reached around 50 firms at that time.At the
heart of this upheaval is a single industry-altering event—MetaQuotes' decision
to step back from supporting prop firms. This move sent shockwaves through the
market, forcing traders and firms to rethink their strategies, diversify
platforms, and ultimately accelerate industry consolidation.“I expect
many more prop firms to close, cease or halt operations and/or find themselves
on the wrong end of lawsuits and social media attacks,” Justin Hertzberg, the
CEO of FPFX warned.The numbers
tell the story. 300,000
prop trading accounts analyzed by FPFX Tech reveal a fundamental shift in
trader behavior. While MetaTrader 5 still holds a 61.9% market share,
alternative platforms like cTrader, DXtrade, MatchTrader, and TradeLocker have
seized the opportunity, reshaping
a once-monopolized space.But here’s
the real shocker: as dozens of firms collapsed, one
of the largest prop firms just acquired a major FX/CFD broker. The
consolidation is happening fast, and only the strongest are surviving.Meanwhile,
pass rates have fallen, and payouts have tightened—suggesting
an industry favoring survival over speculation. The profile of the "average prop trading Joe" has changed, and we have the data:Is prop
trading still the high-growth phenomenon it once was? Who are the winners and
losers in this shifting landscape? And what does this mean for retail traders?Find out
in the Finance Magnates
Quarterly Industry Report, where we break down the data, the trends, and
the next big moves shaping prop trading in 2025.
This article was written by Damian Chmiel at www.financemagnates.com.
Why Tesla Stock Is Down: TSLA Price Falls for Five Consecutive Days, Reaching November Lows
Tesla stock
(NASDAQ: TSLA) has been on a volatile ride in recent months, experiencing
significant declines driven by multiple factors, from declining vehicle sales
to CEO Elon Musk’s controversies. Investors are left wondering, "Why is
Tesla stock down today?" as market fluctuations continue.This
article analyze Tesla stock’s performance, financial metrics, and competitive
landscape. We will also explore Tesla stock predictions for 2025 and 2030 to
understand its future trajectory.Tesla Stock Price Today:
Analyzing Recent PerformanceAs of today
(Thursday), February 27, 2025, Tesla stock is trading at $290.80, reflecting a
decrease of $11.96 (3.95%) from the previous close. This price drop is part of
a broader downward trend influenced by macroeconomic conditions, slowing
demand, and increasing competition in the EV market.The
declines continue for the fifth consecutive session, with the price dropping
below the psychological level of $300 and the long-term 200 EMA moving average,
which has indicated a downtrend since August 2024. Bears are currently gaining
the upper hand.Tesla
Stock Price Movement OverviewTesla stock
chart analysis suggests that the stock has been declining steadily over the
past few weeks, breaking key resistance levels and signaling a bearish trend.
Investors closely monitoring Tesla stock today are concerned about its
short-term outlook, leading to increased market volatility.The sharp
declines have caused the market capitalization of the tech giant to shrink from
$1.4 trillion to less than $1 trillion, dropping below this psychological
threshold for the first time since November of last year.Tesla Technical AnalysisAfter
breaking the key support level mentioned above, Tesla's stock price opens the
way for a decline toward the July highs at $271. This level served as
significant resistance at the end of last year before being breached in
November when Wall Street surged following Donald Trump's election victory. The
next support levels can be found at $213 (October lows) and $182 (August 2024
lows).What about
resistance levels? Besides the previously mentioned $300 and the 200 EMA, the
next key resistance is at $326, corresponding to the local lows from November
and February. Beyond that, the $359 level, tested in both November and
February, serves as another critical resistance point.The latest data collected by Pepperstone also shows that Tesla's stock price has been highly volatile recently. Over the past year, it has been easier to profit from after-hours trading than during regular market hours, with 97% of gains occurring outside standard trading sessions.Key Reasons Why Tesla
Stock Price Is Dropping1. Declining
Tesla Sales in Key MarketsOne of the
biggest factors influencing Tesla stock price is the sharp decline in vehicle
sales across multiple regions:Europe: Tesla's sales plummeted by 45% YoY
in January 2025, with only 9,945 vehicle registrations compared to 18,161 in
January 2024.United
States: Tesla’s
market share in the BEV (Battery Electric Vehicle) segment dropped from 59% to
45%, with a 13% YoY decline in sales.China: Sales fell 15% YoY, reflecting
weaker demand despite Tesla’s price cuts to attract buyers.Lower sales
have directly impacted Tesla’s revenue and profitability, leading analysts to
downgrade their Tesla stock forecasts.2. Macroeconomic
Factors and Federal Reserve PoliciesTesla stock
price has also been affected by macroeconomic headwinds, including:Rising
interest rates:
Higher borrowing costs discourage consumers from financing Tesla vehicles.Inflationary
pressures: Rising
production costs have squeezed Tesla’s profit margins.Stock
market sell-offs:
Broader economic concerns have led to outflows from high-growth stocks,
including Tesla.3. Financial
Performance and Earnings ConcernsTesla's
recent financial reports have failed to meet Wall Street expectations,
contributing to the stock’s downward trajectory. The company’s Q4 2024
earnings report showed:Revenue
miss: Tesla
reported $22.1 billion in revenue, falling short of the estimated $23.5 billion.Lower
margins: The
company’s gross margin declined to 17.2%, down from 22.3% in Q4 2023.EPS
decline: Earnings
per share (EPS) came in at $0.91, missing the $1.02 consensus estimate.These weak
financials have led investors to question whether Tesla stock prediction 2025
remains bullish or if a prolonged downturn is likely. In Q4 2024, Tesla reported financial results that fell short of analysts' predictions, with automotive revenue decreasing by 8% compared to the previous year and operating income plunging by 23%.4. Competitive
Pressure in the EV MarketTesla is no
longer the undisputed leader in the EV market. Increased competition from both
traditional automakers and emerging EV startups has negatively impacted Tesla’s
growth prospects:BYD: The Chinese automaker has overtaken
Tesla as the world’s largest EV manufacturer by sales volume.Rivian
& Lucid Motors:
Premium EV startups are gaining traction, particularly in the U.S. market.Legacy
Automakers: Ford,
GM, and Volkswagen are aggressively expanding their EV portfolios.As
competitors introduce new models with competitive pricing and advanced
features, Tesla’s pricing power has weakened, contributing to its stock price
decline.5. Elon
Musk’s Controversies and Leadership DistractionsInvestor
sentiment toward Tesla stock is also being impacted by Elon Musk’s actions
outside the company. Concerns include:Longtime
Tesla shareholder Ross Gerber claims Musk "doesn't work at Tesla
anymore" with his attention divided across SpaceX, xAI, X (formerly
Twitter), and government efficiency efforts.Musk has
been spending considerable time in Washington, D.C., managing Trump's
Department of Government Efficiency (DOGE).His extreme
political views and activism have spurred protests across various markets,
including demonstrations at Tesla's retail locations and service centers.Musk's
close association with President Donald Trump has created polarizing
perceptions of the Tesla brand, with some consumers boycotting the company.Tesla Stock Prediction
2025 and Long-Term OutlookAnalysts
have varying perspectives on Tesla's stock forecast for the remainder of 2025:Despite the
current downturn, some analysts believe Tesla stock forecast for 2025 remains
promising, citing potential catalysts such as:New
vehicle models:
Tesla is expected to launch next-generation vehicles, including an affordable
EV model by 2026.Full
Self-Driving (FSD) advancements: Improvements in Tesla’s autonomous driving technology could boost
revenue.Energy
business growth:
Tesla’s expansion in solar energy and battery storage could provide
diversification beyond EVs.Tesla Stock Price
Prediction 2030Looking
further ahead, Tesla stock price prediction for 2030 varies widely among
analysts:While some
forecasts remain optimistic, much will depend on Tesla’s ability to maintain
its competitive edge in an increasingly crowded EV market.Conclusion: Should
Investors Buy Tesla Stock Now?Tesla
stock’s recent decline has been driven by a combination of factors, including
weaker sales, macroeconomic challenges, increased competition, and investor
concerns over Elon Musk’s leadership. While short-term headwinds persist,
Tesla’s long-term potential remains strong, particularly in autonomous driving
and energy solutions.For
investors considering Tesla stock today, it’s essential to weigh both risks and
opportunities. As Tesla stock price prediction 2025 and 2030 vary, potential
buyers should focus on Tesla stock forecasts, market trends, and key financial
indicators before making investment decisions.Key Takeaways:Tesla stock price is down due
to declining sales, competition, and financial performance concerns.Macroeconomic factors,
including interest rate hikes, have pressured growth stocks like Tesla.Analysts have mixed Tesla stock
predictions for 2025, with long-term potential remaining strong.Investors
can make well-informed decisions in this evolving market landscape by staying
informed and tracking Tesla stock charts, market updates, and expert insights.Tesla Stock News, FAQWhy is Tesla stock down
today?Tesla stock
is down today due to a combination of factors including slowing vehicle sales
across key markets, concerns about CEO Elon Musk's divided attention,
disappointing Q4 2024 financial results, and increasing competition in the EV
market. The stock has broken below key technical support levels, triggering
additional selling pressure as investors reassess Tesla's growth prospects and
premium valuation in light of these challenges.How much has Tesla stock
price dropped in 2025?Tesla stock
has plummeted approximately 25% year-to-date in 2025, making it the weakest
performer among the Magnificent 7 tech stocks. On February 25, 2025, Tesla
shares dropped by more than 8% in a single day, pushing its market
capitalization below $1 trillion for the first time since November 2024. This
represents a 35% decline from its peak closing price reached in December 2024.What is causing Tesla
stock price to go down?The primary
factors causing Tesla stock price to go down include: first annual decline in
EV sales after years of growth (down 45% in Europe and 15% in China), shrinking
profit margins (automotive gross margins fell to mid-teens in Q4 2024), Elon
Musk's divided attention across multiple companies and political activities,
intensifying competition from traditional automakers and Chinese EV
manufacturers like BYD, and concerns about the company's high valuation
relative to financial performance.What is the Tesla stock
price prediction for 2025?Analyst
predictions for Tesla stock in 2025 vary widely. JPMorgan maintains a bearish
price target of $135 (60% downside), while ARK Invest has an extremely bullish
outlook with a $3,000 target based on potential autonomous driving success.
Morningstar values Tesla at $250, viewing current prices as significantly
overvalued. The analyst consensus ranges from $300-$528, with predictions
heavily dependent on Tesla's ability to return to growth, successfully launch
its robotaxi service, and maintain its technological edge.Is Tesla stock a good buy
at current prices?Whether
Tesla stock is a good buy depends on your investment horizon and risk
tolerance. Cautious investors might wait for further price corrections given
Tesla's still-elevated valuation (forward P/E ratio of 118x), declining sales,
and technical indicators suggesting continued downward momentum. However,
long-term investors who believe in Tesla's autonomous driving vision, energy
business growth, and ability to launch more affordable vehicles might view the
current price drop as a buying opportunity, especially if they believe Tesla
can achieve its guided 25% auto growth in 2025.When will Tesla stock
price recover?Tesla stock
price recovery will likely depend on several key catalysts: successful launch
of the robotaxi fleet planned for June 2025 in Austin, return to vehicle sales
growth as promised by management, introduction of a more affordable vehicle
model, improvement in automotive gross margins, and potentially a refocusing of
Elon Musk's attention on Tesla operations. Technical analysts suggest that
breaking above the $430 resistance level would be a significant indicator of
recovery momentum, though the stock faces substantial resistance at its 52-week
high of $489.
This article was written by Damian Chmiel at www.financemagnates.com.
MARA Delivers Record Profits as Bitcoin Holdings Surge 197% to $4.6 Billion
MARA
Holdings, the publicly listed Bitcoin (BTC) miner from Wall Street (NASDAQ:
MARA), announced record financial results for the fourth quarter and full year
2024. Revenue, net income, and adjusted EBITDA significantly increased despite
April's bitcoin halving event.MARA Reports Record Q4 and
Full-Year Results, The
cryptocurrency mining giant reported a 37% increase in Q4 revenue to $214.4
million and full-year revenue growth of 69% to $656.4 million. Net income
surged 248% to $528.3 million for the quarter, while adjusted EBITDA reached an
industry benchmark of $794.4 million, up 207% from the previous year."2024
was a transformative year for MARA. We accelerated our transition to a
vertically integrated energy and digital infrastructure company," the
company wrote in the shareholder letter. "We now have greater control over
our energy, infrastructure, technology, and ultimately, our future."The Bitcoin
miner significantly expanded its energy capacity, securing approximately 1.2
gigawatts at prices 28% lower than industry peers paid for similar
acquisitions. This move increased MARA's owned data center portfolio from 0% to
approximately 70% since the beginning of 2024.The move
comes as smaller miners, including
Cipher Mining and Bitdeer Technologies, reported worse net results than in the
previous year. Cipher’s net loss deepened to $45 million from $26 million,
while Bitdeer’s net loss widened to $599.2 million from $56.7 million a year
earlier.MARA’s Q4 2024 Shareholder Letter is here. Read the full report: https://t.co/w0iDVVZ3RV Chairman & CEO @fgthiel shares key insights on our record-breaking year and what’s next for MARA. pic.twitter.com/xmFZYcwcUX— MARA (@MARAHoldings) February 26, 2025MARA News: Bitcoin
Holdings Worth $4.6 BillionMARA stock
has been closely watched by investors as the company deploys its first owned
power generating assets, now operating 136 MW of capacity. The company launched
a 25-megawatt micro data center initiative at wellheads in Texas and North
Dakota and acquired a wind farm in Texas with 240 MW of interconnection
capacity.Analysts
following MARA news note the company's bitcoin holdings increased 197% to
44,893 BTC, valued at approximately $4.6 billion at year-end. During Q4, MARA
mined 2,492 BTC and purchased an additional 15,574 BTC using proceeds from
convertible senior notes offerings."Our
HODL strategy and the opportunistic BTC purchases have benefited our
shareholders as they continue to see sustained yield when it comes to our BTC
holdings from a per share perspective," MARA continued in the report.The MARA
forecast for 2025 focuses on three key themes: Generate, Activate, and
Differentiate. The company aims to own and operate not just data center assets
but energy generation assets as well, potentially impacting MARA stock price
prediction 2025."By
owning energy assets, we optimize how power is consumed, stored, and
distributed. This allows us to activate new services for data centers, AI
operators, and energy markets," the company further explained.MARA Forecast: The Second
Wave of AILooking
ahead, MARA is positioning itself for the second wave of AI, focusing on
inference at the edge rather than training. The company believes this shift
presents significant opportunities for its infrastructure and energy management
capabilities."While
many of our competitors rushed into AI hosting and high-performance compute
build outs, betting on large, high-capex data centers, MARA took a strategic
pause, and for good reason," the Wall Street Bitcoin miner noted.
"History has shown that the biggest opportunities often emerge in the
second wave."Certainly,
there’s plenty at stake. According to a VanEck report from last year, cryptocurrency
miners could unlock nearly $40 billion in additional revenue through AI.The
company's return on capital employed during the last 12-month period remains
top tier amongst competitors at 30.6%, highlighting MARA's capital efficiency
in a capital-intensive industry.MARA Stock News: It Hasn’t
Been This Bad Since November 2023Although
the market has yet to show a clear reaction to MARA’s latest financial results,
the stock is currently trading near $12, its lowest level since November 2023.
This aligns with Bitcoin’s recent drop—testing multi-month lows—which is
pulling cryptocurrency mining stocks down significantly.MARA’s
shares have plummeted by 60%, highlighting that, for most investors, publicly
traded miners remain primarily a proxy for Bitcoin exposure on Wall Street. As
a result, their share prices are closely tied to the performance of BTC.MARA Stock Price
Prediction 2025Analysts
from major financial institutions have provided 12-month price targets for MARA
stock, with forecasts extending into late 2025. The consensus average price
target as of early 2025 stands at approximately $26-27, derived from
evaluations by 13 analysts. The
range spans a low of $20 to a high of $43, indicating varied expectations
depending on market conditions and company execution.B. Riley Securities: Analyst
Lucas Pipes raised the price target from $21.00 to $23.00, maintaining a
"Neutral" rating, suggesting a 71.90% upside from the
then-current price of Piper Sandler: Set a $28.00 target with an
"Overweight" rating.JP Morgan: Issued a $29.00 target with a
"Neutral" rating, balancing MARA’s robust 2024 performance
against volatility risks in the crypto market.Cantor Fitzgerald: Analyst Brett Knoblauch
lifted the target to $42.00 from $33.00, retaining an
"Overweight" rating, one of the most bullish outlooks, driven by
MARA’s vertical integration and potential AI infrastructure expansion.Macquarie: Raised its target to $29.00
from $22.00, signaling confidence in MARA’s energy cost management and
bitcoin accumulation strategy.Another Wall Street
Bitcoin Miner Also Reported 2024 ResultsAlongside
MARA Holdings’ Q4 and full-year 2024 results, Core Scientific (NASDAQ: CORZ), another
major player in the Bitcoin mining and digital infrastructure space, also
released its financial performance for the same period, reporting a net loss of
$265.5 million for Q4, largely due to a $224.7 million non-cash adjustment tied
to warrants and contingent liabilities, compared to a $195.7 million loss in Q4
2023. The
Austin-based company, generated $94.9 million in revenue, driven by $79.9
million from self-mining 974 bitcoins at an average cash cost of $51,035 per
BTC, alongside contributions from hosted mining and high-performance computing
(HPC). Adding to
its momentum, Core Scientific announced a $1.2 billion expansion of its Denton,
Texas data center with CoreWeave, boosting its AI and cloud computing capacity
and projecting $10.2 billion in revenue over a 12-year contract term, further
solidifying its growth trajectory in both crypto and HPC markets.MARA Stock News, FAQWhat Is MARA’s 12-Month
Price Target?The
12-month price target for MARA stock, as of early 2025, averages between $25.67
and $27.45, according to analyst consensus from platforms like MarketBeat and
TipRanks. This range is based on evaluations from 8 to 13 analysts, with
targets spanning a low of $20.00 (HC Wainwright) to a high of $43.00 (Cantor
Fitzgerald). Is MARA a Buy, Sell, or
Hold?Analyst
sentiment on MARA leans toward “Buy” or “Hold” as of February 2025. MarketBeat
reports a “Buy” consensus from 11 analysts, with no “Sell” ratings, driven by
MARA’s record $656.4 million revenue and $541 million net income in 2024. The
“Buy” case hinges on MARA’s bitcoin holdings and AI potential, though “Hold”
ratings caution against crypto volatility.Will MARA Stock Go Back
Up?Whether
MARA stock rises in 2025 depends on several factors, but analysts are
cautiously optimistic. After a 115% hashrate increase to 53.2 EH/s and Bitcoin
holdings growing to 44,893 BTC (valued at $4.6 billion), MARA’s fundamentals
are robust. Analysts like Cantor Fitzgerald ($42 target) see upside, though
short-term dips remain possible.
This article was written by Damian Chmiel at www.financemagnates.com.
TriumphFX Scammed Malaysians: 72 Locals Lost $5.3 Million
The authorities in Malaysia have received 72 complaints from alleged victims of TriumphFX, which, according to locals, is a fraudulent offshore forex broker. The victims lost over MYR 23.7 million (over USD 5.3 million) to the so-called “syndicate,” the Federal Commercial Crime Investigation Department (CCID) revealed to the local media.“The syndicate is believed to have been active since September 2019 and is linked to losses totalling RM23.7 million to date,” said Bukit Aman CCID Director Datuk Seri Ramli Mohamed Yoosuf.Warnings Came EarlyMalaysia flagged TriumphFX as early as 2020, and the country’s regulator also added the broker to its warning list. Singapore followed suit the following year, as MAS warned against TriumphFX. The primary websites associated with TriumphFX are currently not reachable.The investment scheme promised monthly returns of between 4 and 7 per cent. Local investigations also revealed that the syndicate lured victims through Zoom chats.Malaysian authorities are now examining 10 investment cases against the alleged perpetrators, which carry a prison sentence of between one and 10 years. The potential punishment also includes whipping and a monetary penalty.Furthermore, Malaysian authorities have identified a TriumphFX clone, which also offers forex investment schemes and markets itself on social media. The clone even promises “profits as soon as three hours after the investment is made.”“Between 2024 and now, we have opened 23 investigation papers involving losses of RM243,376.90,” Yoosuf said regarding the clone platform.Financial scams are rampant in Malaysia. Earlier, the Malaysian Humanitarian Organisation (MHO) reported another scam, believed to have been managed by locals, that defrauded 77 victims of MYR 48 million. According to MHO Secretary General Hishammuddin Hashim, the company, registered in Seychelles, used 30 shell companies.CySEC’s Actions Against TriumphFXTriumphFX operated from loosely regulated offshore venues and held an operational licence from the regulator in Cyprus. Interestingly, the Cypriot company, although having the same owners, is moving away from the TriumphFX brand and is now known as ShineTrades, which offers similar forex and CFDs trading.The Cypriot Securities and Exchange Commission (CySEC) suspended the shareholder rights of TriumphFX’s sole indirect shareholder, Chong Chun Hseung, over management issues in December 2023 and recently extended the order for another six months.However, Hong Kong’s Securities and Futures Commission (SFC) appears to have been the first regulator to flag TriumphFX in 2015. The Asian regulator raised concerns against Triumph Global (Asia) Limited and its brand, TFX Global, which used a local address to offer services to clients in the special administrative region. However, the company did not have the appropriate SFC licences to operate in Hong Kong and was then managed by Triumph International Limited, which was located in the British Virgin Islands.
This article was written by Arnab Shome at www.financemagnates.com.
Stablecoin Issuer Tether’s Bitcoin Mining Partnership Ends in Legal Battles
USDT stablecoin issuer Tether has failed to secure a
court order to block its former bitcoin mining partner, Swan Bitcoin, from
pursuing a lawsuit in California, the Financial Times reported. The UK High
Court dismissed Tether’s request for an injunction, marking another twist in
the deteriorating relationship between the two firms. The legal dispute involves a collapsed mining venture
that once promised to expand cryptocurrency infrastructure but has since turned
into a courtroom battle over allegations of contract breaches and misuse of
proprietary information.Tether, the issuer of the widely used USDT stablecoin,
and Swan Bitcoin reportedly formed a joint mining venture called 2040 Energy in June 2023.
The venture aimed to establish mining operations in locations such as Tasmania,
Norway, and Texas. Failed Partnership Leads to Legal DisputesAccording to court filings, Tether held an 80% stake in the company, while Swan owned the remaining 20%. However, financial
struggles and disputes over valuation led to a breakdown in their relationship.Tether accused Swan of seeking outside funding from
crypto firm Ripple without its consent after it refused to inject additional
capital into the project. By August, the CEO of 2040 Energy, along with several
Swan employees and consultants, had resigned, further deepening the rift
between the companies.In its UK filing, Tether argued that Swan Bitcoin
could gain access to sensitive business information through the California
lawsuit and use it for competitive advantage. The company sought an injunction to prevent Swan from
continuing the case against six former employees, fearing that disclosures
could expose proprietary details about its operations. However, Judge Bright dismissed Tether’s concerns,
stating that Swan was unlikely to exploit any information gained from the
proceedings. Swan Bitcoin’s Counterclaims in the USWhile Tether filed a lawsuit against Swan Bitcoin in
January for alleged contract breaches, Swan launched its own legal challenge in
the United States. The firm accused former employees of orchestrating a
scheme to steal trade secrets and shift business operations to a rival firm,
Proton Management. Although Tether is not directly named as a defendant,
court filings suggest the company “allegedly conspired” with Swan’s former
consultants to support the new company. With both lawsuits moving forward in different
jurisdictions, the conflict between Tether and Swan Bitcoin is far from over.
This article was written by Jared Kirui at www.financemagnates.com.
Retail Traders Remain Confident, With 60% Bullish on Stocks
Retail investors are embracing a paradox: They remain
heavily invested in tech stocks and cryptocurrency while simultaneously
acknowledging potential market bubbles. A recent survey by tastytrade and Nasdaq reveals that
today's retail trader is confident in market growth but wary of overvaluation.
This mix of optimism and caution defines a generation of investors navigating
an uncertain financial landscape.Retail Investors Show Resilience The survey, conducted in late January 2025 with 1,036
active U.S. retail traders, highlights a high level of optimism. Nearly 60% of
respondents expressed bullish sentiment for the next 12 months, with 10% being
"very bullish." Only 26% identified as bearish, showing that despite
market uncertainties, most traders expect continued growth. Confidence levels,
however, varied by gender. Male traders, who comprised 76% of respondents, were
significantly more bullish (63%) than their female counterparts (48%).The age distribution also provides insight into retail
investor trends. While 43% of respondents were aged 35-54 and 36% were over 55,
younger traders (ages 18-34) made up 21% of participants. This younger
demographic is shaping new market trends, particularly in the adoption of
cryptocurrency and speculative assets.Retail traders continue to favor technology stocks,
with 75% expressing confidence in the sector. Communication services (68%) and
energy (67%) follow closely, while real estate lags behind, with only 46%
showing optimism. A key focus remains on the "Magnificent
Seven" tech giants: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and
Tesla. These stocks reportedly accounted for 23% of retail traders' holdings
over the past year, with younger investors allocating an even larger share
(32%) of their portfolios to these companies.The Crypto DivideAccording to the report, 75% of traders aged 18-34 actively trade crypto, with 93% having engaged in the market at
some point. In contrast, only 22% of traders over 55 actively trade crypto, and
just 38% have ever participated.More than half of traders aged 18-34 consider
cryptocurrencies, AI stocks, and social media stocks overvalued, a significantly
higher percentage than their older counterparts.Stocks remain the most popular asset class among all
traders (86%), but enthusiasm for other investment vehicles varies by age.
Cryptocurrency ranks as the second-most exciting product for investors under
55, whereas older traders show limited interest. Younger investors also display greater enthusiasm for
options, indices, futures, and Forex trading. Fixed-income products,
traditionally considered a safe haven, maintain relatively consistent appeal
across all age groups at around 21%.
This article was written by Jared Kirui at www.financemagnates.com.
Tickblaze Debuts a New Era of B2B Trading Solutions for Prop Firms, Hedge Funds, & Brokers
Tickblaze is ushering in a new era of B2B trading solutions with its hybrid, multi-asset, and broker-neutral platform designed to ignite business growth, attract clients, and stand out in today’s dynamic markets.Originally forged with institutional-grade technology, Tickblaze licenses its cutting-edge framework to prop firms, hedge funds, and brokers looking to elevate operations, expand global reach, and capture new opportunities across stocks, futures, forex, and crypto.“Business is about providing value, solving problems, making smart decisions, and scaling systems,” says Sean Kozak, CEO of Tickblaze. “We’ve worked with thousands of traders and hundreds of companies globally, and we understand what it takes to thrive in high-stakes markets—no matter where you are in your growth journey or the size of your prop firm, brokerage, or hedge fund.”DRIVING BUSINESS GROWTH: Staying Ahead & Leading with InnovationStaying ahead requires continuous evolution. Tickblaze ensures partners adapt to ever-changing markets while carving out a distinctive presence.· Multi-Asset Coverage: Covering a broad spectrum of assets within a single, streamlined environment. This unified approach eliminates the need to juggle multiple platforms, allowing for the efficient management of client portfolios.· Hybrid Tech Infrastructure: Manual and automated strategies coexist seamlessly, supported by C# and Python scripting. Whether focusing on discretionary trades or quant-driven models, Tickblaze’s adaptable technology accommodates diverse styles.· Institutional-Grade Engineering: Developed to meet robust compliance and global integration standards, Tickblaze helps safeguard operations across regions—letting users expand confidently without technical constraints.ATTRACTING CLIENTS: Standing Out in a Crowded MarketA major pillar of Tickblaze’s approach is enabling B2B partners to attract and retain high-value traders by demonstrating a commitment to cutting-edge solutions, which is essential in appealing to novice and elite participants in an increasingly sophisticated market.Key Highlights for Client Acquisition· User-Friendly Experience: Tickblaze streamlines everything from manual trade execution to automated trading, reducing friction for new users and letting advanced traders focus on performance.· Advanced Scripting & Automation: Built-in support for C# and Python appeals to quantitative traders and system developers, enabling the quick implementation of proprietary models. This flexibility attracts clients seeking specialized algorithmic capabilities.· Global Reach & Comprehensive ToolsTickblaze helps B2B partners position themselves as one-stop destinations for diverse trading preferences by supporting stocks, futures, forex, and crypto.COMPETITIVE ADVANTAGE: Hybrid Tech & Global AccessTickblaze delivers a versatile, broker-neutral framework built on multi-asset coverage, scalable technology, and global integrations. It enables partners to transcend typical constraints and seize new opportunities worldwide. By supporting manual, semi-automated, and fully algorithmic strategies, Tickblaze equips prop firms, brokers, and hedge funds to excel—whether they specialize in discretionary trading, quant-driven models, or a hybrid approach.· Unified Multi-Asset Access: Stocks, futures, forex, and crypto are available in one platform, streamlining market access and creating opportunities across diverse trading sectors.· Hybrid Tech for Discretionary & Quant: Tickblaze offers intuitive tools for manual execution as well as robust C# and Python scripting to accommodate quant strategies.· Custom Integrations: Integration with leading gateways, liquidity providers, and risk management systems is available—without the need to overhaul existing tech stacks.· Flexibility & User-Friendly API: Tickblaze’s interface supports everything from drag-and-drop functionality to an extensive API. This ensures a smooth experience for new users and provides technical depth for more complex requirements.· Global Broker Neutrality: A broker-neutral environment eliminates restrictive relationships, enabling access to international markets, optimized executions, and streamlined global client engagement.BUSINESS SOLUTIONS: Gateways, Visibility & Flexible PricingBeyond technology, Tickblaze tackles the practical aspects of business expansion—integrations, marketing visibility, or cost optimization. This holistic approach allows partners to optimize daily operations.· Gateways & Liquidity Providers: Effortless integration with industry-leading gateways like Rithmic, dxFeed, and IBKR provides access to global liquidity sources. Consolidating data feeds and trade execution enables expansion into new markets and a broader client base without requiring backend restructuring.· Enhanced Brand Visibility: Tickblaze supports B2B partners seeking to stand out through co-branded events, targeted digital promotions, and educational content. Rather than pushing a one-size-fits-all model, Tickblaze focuses on authentic collaborations that spotlight each partner’s unique strengths.· Flexible Pricing for Expansion: Recognizing that each partner has unique resources, Tickblaze provides scalable pricing designed to align with a firm's growth trajectory. Clients have the flexibility to select the modules and functionalities that best fit their needs, allowing for expansion over time without unnecessary overhead.BUSINESS DRIVEN: Innovation & ScalabilityTickblaze empowers B2B partners to surpass standard benchmarks, cultivate loyal client communities, and unlock new market opportunities. This scalable approach enables firms to expand their reach, elevate trading services, and stand out in an ever-evolving industry—ultimately raising the bar for modern trading solutions.Users can contact Tickblaze to learn how they can help prop firms, hedge funds, and brokers scale and discover a new strategic growth and innovation era.About TickblazeTickblaze (https://tickblaze.com/), winner of Best Automated Trading Software and Best Hybrid Trading Solution at the Benzinga Fintech Awards, is redefining trading with its hybrid, multi-asset, broker-neutral platform. Built for institutions and now accessible to retail traders, Tickblaze offers integrated market data, C# and Python scripting, and advanced tools for discretionary and automated trading. Serving traders, brokers, prop firms, and hedge funds, Tickblaze combines award-winning technology with a dynamic, open-source community.
This article was written by FM Contributors at www.financemagnates.com.
Phishing Accounts for 69% of Fraud in Germany, Consumers Lose Over €200 Billion
Germany is grappling with an escalating wave of
digital banking fraud, driven by a surge in phishing attacks, investment scams,
and emerging tactics like QR code phishing. Unlike other European nations, where fraud trends are
shifting, phishing remains Germany's primary threat, with cases rising 4.8% in
the past year, according to research by BioCatch. With the EU's Instant Payments Regulation (IPR) now in
effect, fraud risks could intensify as criminals exploit faster transactions to
deceive consumers and financial institutions.Phishing, Social Engineering, and a Trust DeficitPhishing scams continue to dominate Germany's fraud
landscape, leading to financial losses and diminishing trust in online banking.
According to the research, Germans have collectively lost €267 billion to
phishing attacks, with 69% of incidents occurring through digital channels. This has made consumers increasingly wary of online
transactions, with 32% viewing AI as a threat rather than an opportunity. Unlike other European countries where banks often
cover losses, German victims must prove they were not negligent, making it
harder to reclaim stolen funds.Additionally, the rise of QR code phishing, or
"quishing," has further complicated the landscape. Fraudsters have
reportedly been placing fake QR codes on parking meters, EV charging stations,
and even bank notifications to steal user credentials and inject malware into
unsuspecting victims' devices.A staggering 43% of social media users in Germany have
invested in digital assets, often relying on influencers rather than
professional advisors. Despite their confidence, younger investors are highly
vulnerable. While 55% of Gen Z and Millennials believe they won't be scammed,
they now account for 72% of all scam victims. However, financial losses remain higher among older
generations, with Baby Boomers losing an average of €18,000 per scam compared
to just €400 for Gen Z victims.Improved Transaction Speeds and FraudThe EU's Payment Services Directive 3 (PSD3) and the
Instant Payments Regulation (IPR) have introduced significant changes to
banking security. Under IPR, payment service providers must process and confirm
euro-denominated instant payments within 10 seconds. PSD3 aims to strengthen consumer protections by
enhancing Strong Customer Authentication (SCA) requirements, improving Open
Banking oversight, and enforcing stricter compliance for financial
institutions. However, lessons from early adopters like the UK
suggest that such measures may be more effective in preventing errors than
stopping fraud. Criminals are already adapting, using social
engineering tactics to manipulate victims into authorizing transactions.
This article was written by Jared Kirui at www.financemagnates.com.
Bybit $1.4 Billion Breach Linked to Safe Wallet Vulnerability, Investigation Finds
Cryptocurrency exchange Bybit experienced a security breach
resulting in the unauthorized transfer of over $1.4 billion in liquid-staked
Ether (ETH) and MegaETH (mETH). The exchange reported unauthorized access to
one of its Ethereum cold wallets on February 21, 2025.The incident took place during a multisignature transaction
facilitated through Safe Wallet. A threat actor intercepted the process,
altered the transaction, and gained control of the wallet. The attacker then
transferred the funds to a separate wallet under their control.Following the discovery, Bybit engaged cybersecurity firm
Sygnia to conduct a forensic investigation. The investigation aimed to
determine the source of the compromise, assess the extent of the attack, and
implement measures to prevent future incidents.Investigation FindingsThe forensic analysis identified that malicious JavaScript
code had been injected into a resource served from Safe Wallet’s AWS S3 bucket.
The modification timestamp and historical web records suggest that the code was
added on February 19, 2025, two days before the unauthorized transaction.Bybit Hack Forensics ReportAs promised, here are the preliminary reports of the hack conducted by @sygnia_labs and @Verichains Screenshotted the conclusion and here is the link to the full report: https://t.co/3hcqkXLN5U pic.twitter.com/tlZK2B3jIW— Ben Zhou (@benbybit) February 26, 2025The injected code was designed to manipulate transaction
data during the signing process. It activated only when the transaction
originated from specific contract addresses, including Bybit’s contract and
another unidentified address. This suggests that the attacker had predefined
targets for the exploit.Safe Wallet JavaScript Modified Before AttackForensic examination of Chrome browser cache files from the
three signers’ systems confirmed the presence of the compromised JavaScript
resource at the time of the transaction. These files indicated that the Safe Wallet
resource was last modified shortly before the attack.Further analysis revealed that two minutes after the
fraudulent transaction was executed, new versions of the affected JavaScript
files were uploaded to SafeWallet’s AWS S3 bucket, removing the injected code.
This suggests an attempt to conceal the unauthorized modification.Public web archives captured two snapshots of Safe Wallet’s
JavaScript resources on February 19, 2025. The first snapshot contained the
original, unaltered version, while the second snapshot showed the presence of
the malicious code. This further supports the conclusion that the attack
originated from Safe Wallet’s AWS infrastructure.No Evidence of Bybit Infrastructure BreachAt this stage, the forensic investigation has not found any
evidence of a compromise within Bybit’s own infrastructure. The unauthorized
access appears to have been facilitated through vulnerabilities in SafeWallet’s
systems. Bybit and Sygnia are continuing their investigation to confirm the
findings and assess any additional risks."The preliminary forensic review finds that our system
was not compromised. While this incident underscores the evolving threats in
the crypto space, we are taking proactive steps to reinforce security and
ensure the highest level of protection for our users," said Ben Zhou,
Co-founder and CEO of Bybit.
This article was written by Tareq Sikder at www.financemagnates.com.
Bitcoin ETFs and US Elections Drove Institutional Crypto OTC Trading to $39 Billion Daily
A new
industry survey has revealed significant disparities in crypto over-the-counter
(OTC) trading volume estimates. Some liquidity providers suggest daily figures
exceeding $100 billion, while the average estimate stands at approximately $39
billion.Crypto OTC Market Averaging
$39B Daily, Survey FindsThe
findings come from an in-depth survey conducted by Finery Markets, which
targeted key industry stakeholders, including liquidity providers, market
makers, and prime brokers, to assess the institutional crypto trading landscape
for 2025."The
crypto market is already characterized by extreme fragmentation, with over 700
trading venues globally, as reported by CoinMarketCap. This proliferation of
trading venues has several challenges, such as connectivity issues, where
buyers and sellers often transact on different platforms, hindering efficient
matching," noted the report, explaining why estimates varied by more than
tenfold among respondents.Despite the
measurement challenges, the sector appears poised for continued growth. 18% of
respondents project year-over-year growth exceeding 100% in 2025, while 45.6%
expect more moderate growth between 10% and 60%. The 2024 results are certainly fueling positive forecasts, as OTC trading volume has increased by over 100% in recent months, while transactions involving stablecoins have surged by nearly 150%. The newest survey
also revealed that 50% of industry experts reported OTC cryptocurrency trading
volumes experienced year-over-year growth exceeding 100% in 2024.“The institutional surge came as no surprise to us, as we designed our trading infrastructure from the start to meet the needs of institutional players, anticipating wider adoption,” Konstantin Shulga, Finery Markets CEO and Co-Founder, commented for Finance Magnates.AI Integration
Accelerating Across Trading OperationsOver 70% of
firms surveyed have already adopted AI-powered technologies in their
operations, with 54.6% planning to increase their AI spending by 5-30% in 2025.
Notably,
70% of respondents identified back-office functions such as settlements,
reporting, and repetitive tasks as AI's most promising use cases, while 30%
highlighted front-office applications, including market data analysis and
cross-asset trading.“AI has
enabled more sophisticated cross asset trading strategies in the crypto space,”
Finery Markets explained. “Execution-focused AI-driven systems can execute
complex arbitrage strategies across multiple exchanges and asset classes with
minimal latency, including market-making strategies to provide liquidity across
various crypto assets and exchanges.”Institutional Adoption
Gaining MomentumThe survey
indicates that institutional involvement in cryptocurrency has moved beyond
exploratory interest, with 42% of institutional players now incorporating
digital assets into their daily operations. Respondents
identified the Trump administration's expected pro-crypto stance and potential
regulatory clarity in the U.S. as the most significant factors likely to drive
further institutional adoption.“Crypto
ETFs and US Elections have been identified as the two most influential factors
driving institutional crypto adoption, with 70% of participants selecting each.
Interestingly, topics such as SEC charges against market makers, tokenized
money market funds, and Bitcoin halving were not chosen as influential events,”
the report added.Geographically,
Europe leads demand for institutional crypto spot OTC trading at 38.5%,
followed by North America, Asia, and the Middle East, each at 15.4%.4/ ? Regulation & Market Structure - Leading jurisdictions like Singapore, Switzerland, and the UAE are paving the way with crypto-friendly regulations. Institutions are adapting to navigate compliance and operational risks. Find out how.— Finery Markets (@finerymarkets) February 25, 2025In a sign
of the industry's increasing embrace of regulation, 92% of institutions plan to
secure additional crypto licenses in 2025. Survey participants identified
Singapore, Switzerland, and the United Arab Emirates as the most
crypto-friendly jurisdictions for institutional trading operations.Hedging Strategies and
Market InfrastructureOptions and
futures continue to dominate hedging strategies in the OTC crypto market, with
66.7% of respondents favoring option-based approaches. However, 36.8%
identified low liquidity as a significant barrier to broader institutional
adoption of crypto derivatives.The survey
also revealed emerging interest in innovative derivative products, including
instruments that would allow miners and stakers to sell their rewards at
volume-weighted average prices (VWAP) with settlement occurring after the
actual rewards are received.As the
market continues to evolve, respondents highlighted several key trends shaping
the future of OTC crypto trading, including the increasing importance of
Central Clearing Houses (CCHS) in mitigating counterparty risks and the
potential integration of decentralized solutions into OTC trading as regulatory
clarity improves.Will
Bitcoin Go Up Due to Higher Institutional Adoption?Institutional
adoption has undoubtedly driven Bitcoin's price surge in 2024, with the
cryptocurrency gaining 120% over the year. But what lies ahead in 2025? As of
Wednesday, February 26, 2025, Bitcoin is experiencing its third consecutive day
of losses, testing the $85,400 level—the lowest in three months and coinciding
with the 200-day EMA, a key indicator that has separated the bull and bear
markets for the past six months.According
to my technical analysis, the $85,000 zone, along with the mentioned moving
average, could serve as a critical rebound level for BTC, a view also shared by
Markus Thielen from 10x Research.Bitcoin’s Next Big Buy Zone Revealed!Bitcoin, MicroStrategy, on-chain data, liquidations, technicals, and more...?1-11) Yesterday, Bitcoin dropped sharply, breaking below the critical $95,000 support level. We had previously warned about this key threshold in our December… pic.twitter.com/i6VNEyIKW5— 10x Research (@10x_Research) February 25, 2025Currently,
BTC is forming a bullish pin bar, a potential buy signal. A breakout above the
$90,000–$92,000 resistance zone would confirm that bulls were waiting to
accumulate. However, if the $85,000 level and the 200 EMA fail to hold, it
could indicate that bears are aiming for further distribution, potentially
driving the price toward $70,000.Will
Bitcoin go up? It all depends on how the price reacts at this key support
level.
This article was written by Damian Chmiel at www.financemagnates.com.
Why Litecoin is Up: Price Jumps 16% as Institutional Interest Grows
The cryptocurrency market is rebounding from a brutal
sell-off, with Litecoin (LTC) spearheading the recovery. The coin’s price
surged 16% in the past 24 hours, signaling renewed investor confidence. At the time of this publication, the digital asset had
surged to $123 despite a 9% price decline in the past week. The anticipation
surrounding a potential Litecoin exchange-traded fund (ETF) is further fueling
optimism. Trading Volumes and Onchain ActivityWhile trading volume remains subdued, on-chain
activity suggests increasing institutional and retail interest in the digital
asset. Despite lingering volatility, LTC has steadily regained ground after the
broader crypto market endured a $1.4 billion liquidation event.Currently, the crypto industry faces a significant
sell-off, with the global market capitalization below the $3 trillion mark.
Bitcoin trades at $87k, representing a 1% and 8% decline in the past day and
week, respectively. On the other hand, the second-largest cryptocurrency, Ethereum, is changing hands for $2,429 after a 10% drop in the last week. The decline
followed a major hack suffered by crypto exchange Bybit, which resulted in record
losses of up to $1.5 billion. Market analysts believe that Litecoin’s resilience
could indicate a broader trend reversal for altcoins. One of the primary
catalysts behind Litecoin’s surge is the increasing likelihood of an ETF
approval. Bloomberg analysts James Seyffart and Eric Balchunas
estimate a 90% chance that the U.S. Securities and Exchange Commission (SEC)
will greenlight a Litecoin-based ETF, CryptoPotato reported.⚡️ Litecoin doesn’t typically get the social media hype of other top cap cryptocurrencies like XRP, Solana, Chainlink or Cardano. But on the back of some legitimate ETF rumors, it has quietly seen a big jump in value recently. From February 2 to February 19, 2025, Litecoin’s… pic.twitter.com/FSRpoKt2zd— Santiment (@santimentfeed) February 20, 2025Canary Capital has already filed for a Litecoin ETF,
with the SEC acknowledging the application and beginning its review process. If
approved, the fund would allow institutional investors to gain exposure to LTC
without directly holding the asset, potentially boosting demand.On-Chain Activity and Market SentimentLitecoin’s recent rally aligns with a surge in
on-chain activity. According to Santiment, the coin has processed $9.6 billion
in daily transaction volume over the past week, marking a staggering 243%
increase from just five months ago. Despite its recent gains, Litecoin still faces
resistance at the $140 level, with analysts predicting a potential rally to
$170 if bullish momentum continues. The cryptocurrency has already climbed more than 40% between February 2 and February 19, far outpacing broader market gains.However, traders remain cautious, noting that market
sentiment could shift if the SEC delays or rejects the ETF proposal. For now,
Litecoin’s resurgence places it at the forefront of the altcoin recovery, with
investors closely watching for further developments in the ETF space.
This article was written by Jared Kirui at www.financemagnates.com.
Why is XRP Going Down? Ripple Whales Dump 370 Million Coins in Sell-off
Ripple whales triggered a significant disruption in the
crypto market today (Wednesday), engaging in a massive selling spree amid a
broader market crash. Data from crypto analyst Ali Martinez, revealed that in
the last 96 hours, these whales offloaded a total of 370 million XRP coins.
This massive sell-off caused the price of XRP to plummet by approximately 16%
during the same period, CoinGape reported.As of now, the H1 chart for XRPUSD shows a rejection at
2.32300, with the price moving downward with strong momentum.XRP Price Drops amid Whale Sell-offThe data highlighted that the selling activity coincided
with a price drop, as XRP moved from $2.5 to the $2.1 level. As a result,
market participants are closely monitoring the situation, uncertain whether XRP
could experience further price declines in the coming days due to continued
selling pressure from whales.? $XRP News: Ripple Whales Dump 370M Coins; What’s Happening❓https://t.co/wLHNQVlfEv— Crypto News (CoinGape) (@CoinGapeMedia) February 26, 2025The massive dumping has captured the attention of traders,
who are now bracing for a possible prolonged downtrend. This bearish outlook is
largely attributed to the heavy selling by whales, alongside broader market
trends. Analysts warn that the combination of large-scale sell-offs and current
market conditions could lead to further declines in XRP's value.Market Volatility Escalates with Tariff ConcernsCurrently, the cryptocurrency market is struggling with
heightened volatility. This instability is being exacerbated by global
macroeconomic factors, including liquidity setbacks and the imminent imposition
of new US tariffs, which are set to take effect next week. The potential impact
of these tariffs on global markets has added further uncertainty to an already
unpredictable market environment.XRPUSD Shows Bearish Signal After CorrectionThe XRPUSD H1 chart shows that the price at 2.07000
experienced a bullish correction. However, it encountered resistance at 2.32300
and consolidated around this level for a while. After forming an Evening Star pattern, the cryptocurrency
has been heading towards the previous swing low. The bearish trendline on the
H1 chart has been crucial in keeping the price down. Intraday buyers are likely
to avoid going long as long as the trendline remains a resistance level.Ripple Makes Key Partnerships and Social ContributionsRipple has recently been involved in several key
developments. The
company partnered with Revolut and Zero Hash to expand the reach of its
RLUSD stablecoin, positioning it as a competitor to USDT and USDC. ? New partner alert: Ripple USD – a trusted, transparent, and regulated stablecoin built for payments – is now available for trading on @ZeroHashX and @RevolutApp!Get $RLUSD: https://t.co/jrEiNBWKgN pic.twitter.com/36q5OU5xfa— Ripple (@Ripple) February 5, 2025Additionally, Ripple
collaborated with Chainlink to integrate RLUSD into Ethereum-based
applications.Investor activity has risen, with Ripple
whales acquiring 520 million XRP during a price dip. In a related
development, the SEC reassigned Jorge Tenreiro, who was involved in Ripple’s
case, raising speculation about the agency’s future strategy on crypto
litigation.Ripple
also partnered with the Digital Euro Association (DEA) to work on central
bank digital currencies (CBDCs). Based in Frankfurt, the DEA focuses on
research, education, and policy discussions related to digital currencies.Ripple's partnership with the Digital Euro Association (DEA) involves Ripple serving as a technology partner for various Central Bank Digital Currency (CBDC) projects. Specifically, Ripple was selected as the technology partner for the National Bank of Georgia's Digital Lari… pic.twitter.com/AahhBkUnWv— Mr. Man (@MrManXRP) February 24, 2024Further contributing to social causes, Ripple
donated $100,000 in XRP to California wildfire relief efforts, supporting
organizations such as World Central Kitchen and GiveDirectly.Ripple also partnered with Portuguese
currency exchange provider Unicâmbio to enable instant international
payments between Portugal and Brazil using digital assets.
This article was written by Tareq Sikder at www.financemagnates.com.
Exness Driving innovation and Excellence in Trading
Brokers need to do more than just provide access to markets—they need to offer superior execution, transparent pricing, and the right infrastructure to support traders in all conditions. While many brokers claim to have the best execution and tightest spreads, the real question is: How do they achieve this?To dive deeper into how Exness sets itself apart, we spoke with Milica Nikolic, Trading Product Operations Team Leader, about Exness’ approach to liquidity, pricing, and execution technology—and how the company ensures a seamless experience for its over 1 million active traders.You lead the Trading Product Operations team at Exness, a broker known for its innovation and reliability. Can you share an overview of how Exness maintains its leadership in the industry?I believe that the reason we have become industry leaders can be traced back to the beginning of Exness. From its inception, Petr Valov, Exness’ founder and CEO, set out to create a company that put clients first. He was the only developer in the company for the first two years of operation, but he wasn’t just coding. He actively listened to clients, communicated with them in chats, identified their problems and needs, and developed solutions himself.His vision for Exness wasn't just about creating a brokerage–it was about engineering something better than anything that existed at the time. When you combine a deep understanding of how our complex system works with a client-focused approach and the expertise to identify and understand risks, you get a formula that is safe for the broker and provides something truly unique to clients. That’s what shaped Exness, and this mindset still defines how we work today. This dedication cascades down to everyone and everything we do. We tailor our product to our clients by combining their requirements with a deep understanding of our complex system. We build our own solutions, Pricing engines, and execution logic–everything is proprietary. That’s what allows us to stay ahead of the market instead of just following it. When a new developer joins us, they learn about what makes Exness different. Everyone is encouraged to question everything, to look under the hood, and to think critically. If something is inefficient, communicate it, find solutions, and improve our end product. We have a culture where we encourage people to take ownership, step up, contribute, and refine the system.A great example of this can be found in the Trading team. Suppose I approach Igor Desyatov, Exness Chief Trading Officer, with an idea. His hands-on expertise and knowledge of both the market and our solutions give him an immediate understanding of its risks and potential benefits and how much work it would require for us to implement it. This enables quick, informed decisions, making the team more agile and efficient.With Exness operating at such an impressive scale–over 1 million active clients–how do you ensure consistency in execution quality across millions of trades daily, especially during high-volatility market events?When you’re handling trades on this scale, maintaining consistent execution quality is extremely important. It’s not just about volume—it’s about ensuring that millions of transactions are executed consistently with maximum speed and efficiency, even during high-volatility events.We began preparing for higher trade volumes long before reaching 1 million active clients. We asked ourselves, How are we going to manage execution on a larger scale? What happens when we multiply in size? If we had waited until we hit 1 million, it would have been too late. Forward planning drove us to develop an execution algorithm that allows us to process pending orders during major news events faster than before. This helps minimize execution delays due to congested MT (MetaTrader) servers, improving client experience when volatility spikes.We also monitor execution quality after every major economic event. We check how many orders were executed within the promised guidelines set out in the client agreement. If anything falls outside of those limits, we proactively compensate clients. We don’t wait for them to come to us–something most brokers don’t do. Liquidity is critical in ensuring tight spreads and accurate pricing. How does Exness use technology to optimize liquidity provisioning to benefit clients?To answer this question, let’s look at how pricing works in the industry, using FX as an example. It all starts with tier-1 investment banks. These banks have huge clients that make large transactions. Let’s say a corporate client in the US needs to pay a European supplier in Euros. The bank trades EURUSD on their behalf, aiming to ensure they get the best exchange rate. To do so, they place limit orders on interbank trading platforms (thus saving the spread cost), and when these platforms are filled with limit orders, it creates deep liquidity pools in the interbank market, forming the basis of pricing that permeates the spot FX market. Now, when uncertainty kicks in – let’s say big news like NFP – these banks try to avoid risk. They start pulling their orders from the order books, which is what causes spreads to widen. When the orders closest to the market price are pulled out, it results in spreads widening, which trickles down to mid-sized banks, liquidity providers, and eventually brokers. This is why we see spreads blowing out when the market is volatile. Most brokers accept this as a reality, and pass on the pricing they receive from their sources to their clients (including wide spreads), but Exness does not. At Exness, we built our own price aggregator that combines data from a variety of sources and combines it, taking into consideration multiple factors such as volatility, depth of market, etc. We don’t just look at what one bank or one LP is offering, but rather the overall market, filter out the noise, and determine the prevailing price level and the best possible spread we can offer our traders. During periods of volatility, I have observed that we offer some of the tightest spreads in the industry on popular instruments like Gold, USOIL, USDJPY, EURUSD, BTCUSD, etc*.Due to our large balance sheet, we can take on more risk than most brokers, meaning we can afford to offer our clients better-than-market spreads. And thanks to our in-house aggregation logic, we are able to create custom better-than-market spreads based on volatility and our risk appetite, rather than having to widen spreads when the rest of the market widens. Finally, thanks to our size and ability to take on more risks than many other brokers, we can execute very large trades at the same prices as small ones, without market impact - i.e. very large trades do not get any additional slippage due to their size, and are filled at the same price displayed in our trading terminals as very small trades.For example, if you place a large Bitcoin trade on most other exchanges, you’ll experience a lot of slippage because your order goes through the order book. On the other hand, we can absorb large trades without slippage because we are a market maker and willing to offer clients the chance to trade any volume at the prices we display. Trust and transparency are core to Exness’ values. What measures do you take to provide clients with clarity around pricing, order execution, and trading conditions in an industry that often faces scrutiny in these areas?Being good people is one of our core values, which is reflected in everything we do. We always honor what we promise clients and make decisions based on what would be in their best interests.We maintain close collaboration between our trading and client-facing teams so that whenever issues that affect our clients arise, we know about them immediately and can take remedial action when appropriate. Transparency is key, and we believe in proactively addressing potential concerns rather than waiting for clients to report them. Our approach is simple: we always do right by our clients. We don’t make arbitrary decisions or apply different rules depending on the situation. We do what is fair and transparent for everyone.For example, when it comes to pricing, if we identify a pricing issue, we proactively check if it affected any clients negatively and remedy the situation without them needing to contact us. If something ever needs to be addressed, we are proactive, communicate, and resolve it in a way that maintains trust.This is why traders stick with us— they know Exness is a broker that puts integrity first.Final thoughtsThroughout this conversation, Milica’s expertise and deep understanding of trading operations have provided a rare look into what makes Exness stand out in a highly competitive industry. But beyond technology and processes, it’s experts like Milica that make the real difference. Their ability to challenge assumptions, refine strategies, and push for continuous improvement allows Exness to evolve alongside traders’ needs.As financial markets become increasingly complex, the importance of expert-driven innovation will only increase. At Exness, it’s clear that staying ahead isn’t just about technology—it’s about the people shaping it.* “Tightest spreads” refers to the maximum spreads offered by Exness on the abovementioned instruments for the first two seconds following high-impact news. This comparison is made between the Exness Pro account and commission-free accounts of several competitors, excluding agent commission, over the period referenced above. Spreads may fluctuate and widen due to factors including market volatility, news releases, economic events, when markets open or close, and the type of instruments being traded.
This article was written by FM Contributors at www.financemagnates.com.
OneRoyal Partners with Diego Forlán as Ambassador Following AI Analytics Collaboration
OneRoyal, a Cyprus and Australia-based Forex (FX) and
Contracts for Difference (CFD) broker, has announced a new partnership with
former professional footballer Diego Forlán, who will serve as its official
ambassador.This collaboration follows OneRoyal's recent partnership
with Acuity Trading, which enhances its platform with AI-powered analytics.OneRoyal Partners with Forlán for Brand ExpansionForlán, known for his football career and goal-scoring
achievements, has now entered the financial sector. According to OneRoyal, his
transition from sports to finance is expected to connect with clients and
strengthen the company’s brand presence.Details on the specifics of the partnership or its impact on
OneRoyal’s offerings have not been disclosed.OneRoyal Integrates Acuity Trading’s AI ToolsMeanwhile, OneRoyal
has partnered with Acuity Trading to enhance its trading platform with
AI-powered market analysis tools, as reported by Finance Magnates. The integration
includes Acuity’s AnalysisIQ, NewsIQ, and Web Sentiment tools, which provide
traders with real-time data, sentiment analysis, and customized alerts to help
navigate market conditions. The platform upgrade also features an economic calendar to
further assist traders in making informed decisions. This collaboration aims to
improve OneRoyal’s retail trading capabilities and deliver a more data-driven,
efficient trading experience to its clients.OneRoyal Launches Office in NigeriaOneRoyal
has expanded its presence in Africa with the opening of a new office in
Lagos, Nigeria, in September 2022. The company’s team in Nigeria will focus on
educating retail clients and driving business development across the continent,
initially concentrating on Nigeria, Kenya, and Ghana.The company aims to drive its business strategy and revenue
goals in Africa through the new office in Lagos. Having followed OneRoyal’s
growth, the then Country Manager aimed to position the company at the forefront
of the market in both Nigeria and the wider African region.In addition to the Nigeria office, OneRoyal launched
OnePrime in 2022, an institutional arm based in Sydney, offering brokerage
solutions to both new and established brokers.Founded in 2006, OneRoyal is a multi-licensed broker,
holding licenses from CySEC, ASIC, VFSC, and FSA.
This article was written by Tareq Sikder at www.financemagnates.com.
Best Brokers in MENA in 2025
Finding the best brokers in the Middle East and North Africa (MENA) is an essential decision point for a wide range of investors in 2025. Retail investing has certainly grown steadily over the past couple years and is already on pace to reach new heights in MENA by year’s end. This is hardly surprising given a largely untapped pool of potential traders in the region, coupled with strong interest in instruments such as Forex, CFDs, cryptocurrencies, and stocks.The MENA region provides its own unique nuances and preferences amongst both introductory and established traders. Most investors are seeking brokers that are well regulated with competitive pricing and reliable platforms. Thankfully for traders, many brokers in the region already plenty of services tailored to these individuals, with a specific emphasis on accounts that follow Islamic finance rules.An Overview of the Retail Playing Field in MENAChoosing the top broker for any individual preference can be time consuming but an important endeavor. Likely the first major decision any trader will make, there are several attributes that prospective or existing traders should look for when selecting a broker.Most individuals gravitate towards brokers with solid security, leverage, low fees, good customer support, and user-friendly platforms. However, regulations can also play a key role in MENA, with many traders preferring brokers that are licensed by authorities in the UAE, Saudi Arabia, and other major financial centers.Brokers in the region have also responded to growing demand by offering comprehensive trading platforms that support Arabic language options. This also include dedicated customer service teams tailored to the needs of local traders and accounts that follow Islamic finance principles.Ultimately, MENA presents traders with a good problem. That is to say, a region with several strong options and plenty of well-known brokers operating in the region to choose from. How to Decide Which Retail Broker to Use in MENAChoosing the right retail or Forex broker in MENA requires the careful consideration of several key factors. For any trader, this should start with regulation. Traders are highly encouraged to verify if a broker is indeed licensed or registered with recognized authorities such as the UAE’s Securities and Commodities Authority (SCA) or Saudi Arabia’s Capital Market Authority (CMA). Of note, regulated brokers provide better security, reducing the risk of fraud or unfair trading conditions. Individuals should only invest with regulated brokers.Beyond regulation, many traders have different priorities dependent on trading style, goals, or levels of experience. For almost all investors, fees and trading costs are important as well. Spreads and commissions vary extensively from broker to broker, while others also may have hidden charges or different pricing structures entirely.Each broker also offers different levels or types of accounts. It is worth exploring different types to make sure that standard accounts for beginner traders, or advanced ones for veterans, check off the right boxes for each individual. These are differentiated by minimum deposits in an account, availability of trading platforms, leverage on offer, and sometimes types of instruments.In MENA in particular, customer support can be a make-or-break factor. Brokers with Arabic-speaking support teams and local offices can provide better service and problem solving. By reviewing these elements at each broker, any investor, regardless of skill, experience, or goals, can select a broker that meets their respective needs and offers a reliable trading experience.A Look at the Best Retail Brokers in MENA in 20251. CFICFI has been a key player across financial markets, including MENA for over two decades. As a well-established multi-asset broker, CFI operates from major financial hubs such as London, Abu Dhabi, and Dubai and is regulated by top-tier financial authorities, reinforcing its reputation for security and trust.The company is authorized by the UK’s Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), UAE’s Securities and Commodities Authority (SCA), Jordan Securities Commission (JSC), Financial Services Commission (FSC), Central Bank of Azerbaijan (CBA), Egypt’s Financial Regulatory Authority (FRA), Capital Markets Authority (CMA) in Oman, among others. With multiple regulatory licenses, CFI is one of the most regulated and secure brokers in the region, providing a transparent, trusted, and client-focused trading experience.The company is also widely recognized for its brand presence and partnerships, holding strategic sponsorships in football, basketball, and cultural initiatives. CFI has received numerous industry awards, including ‘MENA’s Leading Broker 2024’ and ‘Best User Trading Experience 2024’, reflecting its commitment to innovation and client excellence.CFI sets itself apart by offering zero-pip spreads on certain accounts, no commissions, and no minimum deposit requirements across more than 20 global markets. Traders can access over 15,000 financial instruments, including Forex, stocks, indices, ETFs, bonds, metals, and energies.Clients benefit from an advanced trading infrastructure with access to MetaTrader 5 (MT5), CFI’s Trading App, cTrader, CFI Multi Asset, and TradingView, ensuring a seamless trading experience. Additionally, CFI provides a rich suite of educational resources, including interactive seminars and webinars, insights from the company’s research team, and advanced tools such as TipRanks, Trading Central, and a comprehensive economic calendar, among others—empowering traders at all levels.CFI Features● Regulation: FCA, SCA, CySEC, FSC, JSC, CBA, FRA, CMA, among others.● Leverage: up to 1:500 for professional clients● Minimum spreads: 0.0 pips● Minimum deposit: $0● Trading platforms on offer: MT5, CFI Trading App, cTrader, CFI Multi Asset, TradingView● Access to Islamic account: Yes● Benefits: Strong reputation and market footprint, excellent user experience2. FxProFxPro is another well decorated broker on this list and a mainstay in the MENA region. Having its own fair share of awards and sponsorships, the brokerage is also regulated by the FCA, CySEC, FSCA, and SCB and is a trusted name amongst traders and investors.Taking a closer look at its offering, FxPro has over 2,100 CFDs on offer, covering Forex, indices, shares, metals, futures, and energies. Traders have access to the broker’s no-dealing desk, and an ultra-fast execution pricing model. Most of its orders executed in under 12ms, complete with transparent details on slippage and execution stats provided online.Traders have at their disposal MT4, MT5, cTrader, and FxPro’s Web and Mobile platforms. In particular, the FxPro Edge Webtrader platform enables plenty of indicators, equipped with a customizable layout and other advanced trading features. By extension, the FxPro App functions as a comprehensive solution for managing funds, accounts, and trading.Users can also benefit from FxPro’s suite of educational resources and trading tools. This includes FxPro Calculators, the FxPro Direct App, FxPro VPS, FxPro Market News, and an economic and earnings calendar. Clients also have access to YouTube webinars and technical analysis and trading signals by Trading Central, backed by solid customer service – call-back and Live Chat 24 hours a day, 5 days a week.FxPro Features● Regulation: FCA, CySEC, FSCA, SCB● Leverage: up to 1:30 for Forex Majors● Minimum spreads: variable● Minimum deposit: $100● Trading platforms on offer: MT4, MT5, cTrader, inhouse Web & Mobile platforms· Access to Islamic account: Yes● Additional Benefits: Robust education portal, plenty of platforms on offer3. XTBXTB is another well-rounded broker on this list, catering to MENA clients with an overall solid basket of assets on offer. The brokerage allows investors to trade stocks, ETFs, Forex, indices, and commodities, with 0% commission and no fees for account maintenance or opening.One of the strongest elements of its offering is XTB’s education portal, with a large database of articles, the latest market analysis, and eBooks – all free for users. The broker even offers Investing courses and has gone out of its way to help empower its clients with information. XTB relies on its inhouse trading platform xStation5, which is unique amongst brokers on this list in that it gives traders only a singular option.Still, the platform is highly rated and has a well-designed interface for traders of all skill levels and experience. Overall, XTB is a solid choice for MENA Forex traders, with access to high leverage and the instruments they are looking for and typically desired conditions.XTB Features:• Regulation: FCA, CySEC• Leverage: 1:500• Minimum spreads: 0.0 for Pro account, 0.9 for standard• Minimum deposit: $0• Trading platforms on offer: xStation5• Access to Islamic account: Yes• Benefits: Good education portal with eBooks and investing courses4. PepperstonePepperstone is the next broker on this list with a well-rounded offering, with no shortage of trading platforms on offer for MENA traders. The company has a strong international presence, with offices in London, Cyprus, Düsseldorf, Dubai, Melbourne, and Kenya. For fifteen years, the group has catered to a growing pool of clients through a regulated approach and favorable trading conditions.The brokerage offers multiple options for traders, collectively enabling something for every type of client. MT4, MT5, cTrader, TradingView, and Pepperstone’s web and mobile trading platform are all available to clients, providing a versatile user experience. This is important for traders in MENA, many lacking a consensus common platform to use.Pepperstone is also well regulated, with licenses from some of the world’s most reputable authorities. This includes the FCA, ASIC, CySEC, BaFIN, and SCB. For trading Forex or other instruments, Pepperstone represents a good option for both new and existing traders looking for a blend of market diversity and competitive trading conditions.Pepperstone FeaturesRegulation: FCA, ASIC, CySEC, BaFIN, SCBMinimum spreads: 0.0 pips for Forex majorsMinimum deposit: $0Trading platforms on offer: MT4, MT5, Pepperstone Trading Platform, cTrader, TradingViewAccess to Islamic account: YesBenefits: Extensive free education portal, advanced trading platforms5. DerivDeriv is another promising option for investors in MENA, backed by local language support in Arabic and customer service that is 24/7. The brokerage’s offering is quite standard by comparison to others on this list, with access to Forex, indices, stocks, cryptos, commodities, and ETFs.One of the biggest draws of Deriv is its high leverage on offer, with up to 1:1000 for Forex traders or other select instruments. Deriv also offers MENA clients a demo account, enabling new investors to test their platform and strategies before using real money. Of note, this demo account is credited with virtual funds of $10,000 that traders can use to try out Deriv's multiple trading platforms, of which there are several. Users are also granted low spreads and a small minimum deposit, supporting MT5, Deriv X, Deriv cTrader, and SmartTrader.Overall, Deriv is a reliable and safe brokerage with access to plenty of assets and unique features.Deriv FeaturesRegulation: VFSC, MFSA, FSCLeverage: up to 1:1000Minimum spreads: 0.5 pipsMinimum deposit: $5Trading platforms on offer: MT5, Deriv X, Deriv cTrader, SmartTraderAccess to Islamic account: YesBenefits: Arabic language support, high leverageConclusionRegardless of one’s trading experience or preferences, finding the best retail broker in MENA requires careful research. All prospective and active traders should prioritize Regulation, fees, trading platforms, and customer support, each of which play a role in selecting the right option. By extension, individuals should never invest with brokers that are not licensed by trusted authorities or engage in fair trading conditions.Thankfully, many brokers in the region provide services catering specifically to MENA traders, including Islamic accounts and Arabic-language support. With the increasing popularity of online trading, competition amongst brokers has continued to grow in 2025, leading to better services and lower costs for traders. By choosing a reliable broker, traders can invest with confidence, knowing their funds are secure and their trading experience is smooth.Frequently Asked Questions (FAQ)What are some important attributes that all top brokers in the Middle East and North Africa (MENA) have in common?Leading retail and Forex brokers in MENA should be all be regulated by a trusted financial authority. The best ones should cater to a wide range of potential traders and clients. This includes offering competitive fees, providing strong customer support, and having platforms that cater to regional traders, namely via Islamic account options.Are all brokers in MENA regulated?Not every broker is registered or authorized by local authorities, making it essential that investors do their homework and research. However, many brokers in MENA are regulated by the UAE’s Securities and Commodities Authority (SCA) and Saudi Arabia’s Capital Market Authority (CMA). Of these, there are also plenty of options that also hold international licenses from regulators like the Cyprus Securities and Exchange Commission (CySEC) or the United Kingdom’s Financial Conduct Authority (FCA).Which MENA brokers offer Islamic accounts?Most brokers in MENA provide Islamic accounts to cater to local clients, thereby removing interest fees to comply with Islamic finance principles. However, traders should always confirm with an individual broker if such accounts are available and under what conditions they are offered to avoid any issues.What trading platforms do brokers in MENA offer?MENA is not appreciably different from any other jurisdiction, meaning ubiquitous online trading platforms such as MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrade are the most common. Some brokers also offer their own custom-built platforms with mobile and web versions, sometimes as a standalone option or as an alternative to MT4/MT5. Most of these platforms can be tested for free using a demo to familiarize oneself with how the interface before investing real money.What are the main costs when trading with MENA brokers?In MENA, the most common costs typically can include spreads, commissions, withdrawal fees, and possible inactivity charges for trading accounts. However, the best brokers offer low-cost trading with transparent fee structures. This information is always readily available under terms or conditions or on a broker’s website.
This article was written by Finance Magnates Staff at www.financemagnates.com.
Acuity’s AI Research Terminal Supports DB Investing’s Offerings, "Trade Now, Pay Later"
Acuity Trading has partnered with DB Investing to integrate
its Research Terminal into the broker’s trading platform. The collaboration
will offer traders AI-driven market intelligence, data analytics, and research
tools.Broker Adds AI Signals, Crypto Trading"By integrating Acuity’s Research Terminal, we are
reinforcing our commitment to innovation, transparency, and trader empowerment,"
Gennaro Lanza, CEO at DB Investing, commented on the partnership.DB Investing, established in 2018, provides access to
various financial instruments, including Forex, metals, indices, commodities,
stocks CFDs, MENA CFDs, real stocks, and bonds. The broker has recently introduced new platform features,
including an AI-powered signal center, crypto exchange integration, and a
"Trade Now, Pay Later" option. It also supports local currency
accounts in AED and SAR."Combined with our latest features, including
AI-powered trading signals and enhanced educational resources, our platform
continues to push the boundaries of what’s possible in online trading," Lanza
added.Acuity Trading Integrates AI Market InsightsThe Research Terminal by Acuity Trading offers sentiment
analysis, economic event tracking, and predictive analytics. The integration
aims to provide traders with real-time market insights and data visualization
tools.DB Investing is regulated by FSA, ESCA, and FINTRAC. The
company emphasizes financial security standards and offers competitive pricing
with low spreads and no deposit or withdrawal fees."By integrating our Research Terminal into DB
Investing’s platform, we are bringing the next generation of AI-powered trading
tools to traders worldwide, helping them make more informed and strategic
investment decisions," said Andrew Lane, CEO of Acuity Trading. cTrader Users Gain Access to Acuity AnalyticsMeanwhile, Acuity
Trading has integrated its analytics suite with Spotware’s cTrader platform,
providing brokers and traders with expanded market research tools, as reported
by Finance Magnates. The integration allows cTrader users to access Acuity’s
AI-powered analytics, news aggregation, and economic calendars via a platform
plugin. These tools support direct trade execution through Acuity's automated
systems. Brokers can manage access based on server specifications and account
balances for tailored service offerings. The integration also offers options
for dashboard installation or access through cTrader’s digital store. This
follows the launch of Acuity’s TradeSignals platform, combining technical and
sentiment analysis for FX and cryptocurrency markets.
This article was written by Tareq Sikder at www.financemagnates.com.
26 Degrees Announces Extended Hours Trading for US Equity CFDs
26 Degrees Global Markets, an industry-leading Prime of Prime broker, has announced the launch of extended hours trading for US Equity and ETF CFDs. This transition will see trading hours extended from the current 6.5 hours per trading day to 16 hours per trading day, including access to both the US pre- and post-market periods as part of the extended trading session.The launch is set to provide unprecedented access to the US Markets for traders, particularly those based in Asia, opening exciting new growth opportunities and markets for 26 Degrees’ retail broker clients. 26 Degrees extended hours trading will be powered by the Cboe One Feed, Cboe’s premier consolidated data feed. The Cboe One Feed offers cost-effective, high-quality quote and trade data for a comprehensive, unified view of the market from all four Cboe US equities exchanges: BZX Exchange, BYX Exchange, EDGX Exchange and EDGA Exchange. Cboe is a leading global derivatives and securities exchange network and one of the largest exchange operators for equities trading in the US. Speaking on the launch, Gavin White, Group CEO at 26 Degrees, commented, “The introduction of extended hours trading for over 1,000 US Equity and ETF CFDs reinforces our commitment to innovation and client-centric solutions. We were one of the first Prime of Primes to launch Equity CFDs via API to brokers back in 2019, and now, by significantly expanding trading hours in US markets, we’re providing brokers with greater flexibility, enhanced liquidity, and more opportunities to serve both new and existing clients. This advancement is yet another step forward in our pursuit to raise the bar in the Prime of Prime space.”Adam Inzirillo, Global Head of Cboe Data Vantage, said, “As more global investors look to invest in the U.S. markets, Cboe aims to provide the needed data and access through collaborations with industry partners like 26 Degrees Global Markets. We are pleased to provide their clients with access to the Cboe One Feed, which provides high-quality and real-time U.S. equity market data and supports 26 Degrees and Cboe’s shared commitment to innovation and client-centric solutions."26 Degrees clients will also benefit from no additional commissions during the US pre- and post-market and the acceptance of all order types, including market orders, during all trading sessions. Extended hours trading for US Equity CFDs will form part of 26 Degrees’ broader Equity and ETF CFD product offering, an asset class that they have continued to innovate in since its launch to brokers in 2019. 26 Degrees now offers over 2,000 global Equity and ETF CFD instruments, 1,000 of which are now available to trade in the US pre- and post-market. This is alongside their suite of Equity Pairs CFDs, a new asset class created by 26 Degrees, designed to allow clients to trade any Equity instrument against another. These instruments are all available under a tiered margining methodology, allowing for more competitive and transparent margins.If you’re interested in offering extended hours trading on US Equity CFDs to your client-base, reach out to 26 Degrees here.
This article was written by FM Contributors at www.financemagnates.com.
Another Prop Firm Returns to MetaTrader 5 a Year After MetaQuotes’ License Overhaul
Instant
Funding, a prop trading firm focused on the forex (FX) markets, has introduced
direct trading capabilities via the MetaTrader 5 (MT5) application after
obtaining its own “main label” license.This means
the company will offer its clients access to the popular MetaQuotes platform a
year after it was withdrawn due to regulatory issues that impacted the industry
in early 2024.Instant Funding adds
MetaTrader 5The firm
stated it has completed comprehensive testing of the MT5 integration, ensuring
reliability for traders. According
to the announcement, “Instant Funding server is now officially on the MT5 app,
we’ve conducted every test, and you can trade with us directly from the app.”
This move enables users to leverage MT5’s features, such as real-time charting,
technical analysis, and automated trading, on mobile platforms.At the
beginning of last year, Instant Funding accessed MetaTrader through its broker
partner, ThinkMarkets. However, the firm announced it would suspend services
for prop firm clients by the end of February in response to MetaQuotes’
regulatory overhaul concerning the gray-labeling of MT5 and MT4 licenses.At the
time, like many other firms, Instant Funding sought a new platform provider and
migrated to DXtrade. Over time, it also added cTrader to its offerings. While
these platforms have gained significant traction among prop traders over the
past 12 months, data shows that MetaTrader remains the most sought-after
trading platform.MetaTrader
5 Returns to Prop Firm OfferingsLast month,
MyFundedFX announced plans to migrate its clients back to MT5 following a newly
established partnership with Seacrest Markets. Similar to Instant Funding, the
firm had initially switched to DXtrade but is now offering clients the option
to return to MetaTrader.A few
months ago, TradersWithEdge made a similar move, reintroducing the MetaQuotes
platform to its offerings. While MetaTrader fees have increased by 25% this
year, the platform provider no longer views prop firms as unfavorably.“We would like to notify you of an upcoming amendment to the monthly license fees of the MetaTrader 4 products,” MetaQuotes wrote to its clients two months ago. “Our commitment to providing you with the highest quality products and services has led to an increase in operating costs, which, ultimately, necessitated this price update.”With the
growing popularity of prop trading firms, MetaQuotes sees them as potential key
clients and a revenue source alongside FX/CFD brokers.According
to Pip Farm’s CEO, James Glyde, "MetaQuotes did a huge favor for the prop
trading industry" by suspending licenses last year. This decision, he
explained to Finance Magnates, helped weed out weaker firms while
demonstrating to traders that alternatives such as “cTrader, TradeLocker,
MatchTrader, Sirix, and DXtrade” exist.
This article was written by Damian Chmiel at www.financemagnates.com.
Wall Street Bitcoin Miner's Stocks Collapse as BTC Price Slips Below $90K
Shares of
major publicly listed Bitcoin (BTC) mining companies tumbled this week as the
oldest cryptocurrency continued its retreat below the critical $90,000
threshold. Widening net losses and increasing competition led the worst-performing stock to lose nearly 30% in a single day.Industry
leaders were also unable to resist the negative trend, as the index tracking
the condition of BTC
mining stocks dropped to its lowest levels since September 2024.Wall Street Bitcoin Miners
Net Losses IntensifyCipher
Mining Inc. (NASDAQ: CIFR) shares declined despite reporting fourth-quarter net
earnings of $18 million, or $0.05 per diluted share. The company's adjusted
earnings reached $51 million ($0.14 per diluted share), but investors appeared
more focused on longer-term concerns about profitability as Bitcoin's price
fluctuations continue to impact mining economics."We
had an extremely productive fourth quarter at Cipher, as we continued the
on-time execution of our growth and expansion plans," said Tyler Page, CEO
of Cipher Mining, highlighting the company's increased hashrate to
approximately 13.5 EH/s following upgrades to its Odessa fleet.However,
the net result interests shareholders the most, which turned out to be worse
than last year. The loss deepened to nearly $45 million, up from just under $26
million reported a year earlier.Meanwhile,
Bitdeer Technologies Group (NASDAQ: BTDR) faced steeper declines after
reporting more disappointing numbers. The Singapore-based blockchain and
high-performance computing company posted a substantial net loss of $599.2
million for 2024, compared to $56,7 million. Total revenue dropped to $349.8
million from $368.5 million year-over-year."Last
year, we strategically prioritized resources to the development of our
proprietary ASIC technology, which temporarily limited our hashrate growth and
impacted our financial performance,” Matt Kong, Chief Business Officer at
Bitdeer, commented.Wall Street Reacts with
Declines to Miners' Earnings and Bitcoin PriceIn stark
investors reaction, Bitdeer shares dropped 29% on Nasdaq during Tuesday’s
session, closing at $9.26 and testing their lowest levels in three months.
Cipher Mining fell more than 17% in response to its latest report, declining to
$4.10 and reaching a four-month low.The decline
extended across the entire sector, not just companies releasing new financial
results. A notable example is MARA (NASDAQ: MARA), the largest publicly traded
miner on Wall Street by market cap, whose shares fell 11% to $12.42, their
lowest since November 2023.Among the
steepest decliners were Canaan (NASDAQ: CAN), which dropped 17% to $1.29, and
IREN (NASDAQ: IREN), down 13.6% to $8.78.The
negative sentiment was fueled in part by Bitcoin’s sharp two-day decline. On
Tuesday, its price closed well below $90,000, briefly testing levels closer to
$86,000—the lowest since November.The Bitcoin
Mining Stock Index, provided by Hashrate, also saw a steep drop, sliding to
levels not seen in five months.A notable
example is Riot Platforms (NASDAQ: RIOT), which also released its financial
results this week. The
company reported record revenue of nearly $377 million and a net income of $109
million. Despite these strong numbers, shareholders focused more on
Bitcoin’s performance, leading the stock to drop to multi-month lows.This
highlights that, for many investors, mining stocks remain an indirect way to
gain exposure to Bitcoin on regulated exchanges, with their prices closely
tracking Bitcoin’s movements.
This article was written by Damian Chmiel at www.financemagnates.com.
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