Saxo Bank Japan is introducing additional European offerings to its trading platform, preparing to add over 100 new stocks from Denmark, Italy, Spain, and Switzerland.Join IG, CMC, and Robinhood at London’s leading trading industry event!Expanding Beyond Traditional MarketsStarting November 5, 2025, the Japanese arm of the Danish investment firm will offer around 130 additional shares from Europe’s leading exchanges. The expansion will include prominent names such as Novo Nordisk, Ferrari, Inditex, Nestlé, Novartis, ABB, and UBS Group, broadening access for investors seeking globally recognized brands.The update builds on Saxo Bank Japan’s existing offering of more than 10,000 stocks from the United States, Germany, France, China, and Hong Kong, marking one of the most extensive international selections available to retail investors in Japan.This latest addition positions Saxo Bank Japan to serve investors seeking exposure to established European sectors, including pharmaceuticals, consumer goods, and automotive manufacturing, amid renewed interest in global equity diversification.“We will continue to expand our product lineup to accommodate a wide range of markets and themes, striving to be even more useful to our customers in their investment strategies,” the company said in the announcement.You may also like: Revolut Launches Dollar-to-Stablecoin Swaps Under New EU Crypto LicenseThe expansion reflects a broader trend among Japanese brokers to open access to foreign markets, catering to investors eager to look beyond domestic boundaries for growth and stability.Recent CollaborationsLast month, Saxo joined the Platforms Association, a UK-based industry group that represents investment platform providers across Britain and Europe. The association brings together firms that serve both retail investors and financial advisers through products such as ISAs, pensions, and investment accounts.The membership comes just over a year after the Platforms Association was launched in September 2024 to provide a unified voice on regulatory and policy issues affecting the investment platform sector. Saxo has been steadily expanding its UK presence amid rising interest in online trading among younger investors. The company reported that clients under 25 now account for 15% of new UK sign-ups, up from 9% in 2023.Earlier, Saxo Bank also launched fractional trading for its clients in Singapore, allowing investors to buy portions of shares across multiple asset classes on its brokerage platform. The new feature aims to lower the entry barrier to investing by enabling traders to purchase a partial share with any amount of capital. This article was written by Jared Kirui at www.financemagnates.com.

XRP showed signs of stability after four consecutive bearish days, finding support and moving upward on minor charts with modest momentum. Analysts predict that November and December could bring a rebound across altcoins, supported by declining Bitcoin dominance and strengthening technical signals.XRP Weekly Chart Shows Possible Reversal SignalsAn analysis from the YouTube channel CoinsKid offered a data-driven view of Bitcoin, Ethereum, and XRP market trends. The analyst observed that recent liquidity and sentiment data pointed to short-term accumulation during a market dip.Digital assets meet tradfi in London at the fmls25Indicators such as Bitcoin’s level below key thresholds and tether dominance patterns suggested potential short-term upward movement.The analysis also highlighted a seasonal trend, noting that November and December could mark a broader recovery phase for altcoins, especially those outside the top 10. Technical observations, including a possible bullish divergence in “others dominance” charts and a decline in Bitcoin dominance, were cited as potential precursors to renewed altcoin activity.I still think #xrp is missing a final 5th wave.Don't shoot the messenger ?— CoinsKid (@Coins_Kid) October 30, 2025Regarding XRP, the analyst identified a “bullish engulfing” candle on the weekly chart, which may signal a reversal if confirmed in the coming weeks. Two scenarios were outlined: one where XRP maintains support and gradually strengthens, and another where it loses support and extends its correction through December before a possible recovery in 2026.Price Breaks $2.50, Gains MomentumThe H1 chart shows that XRP, after an extended bearish phase, formed a bullish engulfing candle at $2.378. Since then, buying pressure on the minor timeframes has pushed the price upward. Along the way, XRP made a notable breakout at $2.50. If this level holds as support, it could provide a foundation for further upward movement.We’re excited to welcome @patrickjwitt from the White House's Digital Assets Council to our keynote speaker lineup at Ripple Swell 2025. This is a conversation you can't miss.LAST CHANCE: The deadline to request your invitation to attend is tomorrow, October 24th.Join us in… pic.twitter.com/8n3s70tdSU— Ripple (@Ripple) October 23, 2025XRP Rises Ahead of Swell ConferenceRipple’s annual Swell conference is scheduled for November 4–5, 2025, in New York City. The program will cover topics such as tokenized assets, cross-border payments, regulatory developments, and institutional finance. The event will feature speakers from major financial institutions and representatives from the U.S. government’s digital-assets office, reflecting the ongoing intersection of blockchain technology with regulated finance and traditional markets.Ahead of the conference, XRP’s price has rebounded by about 7% since yesterday, rising from $2.37 to $2.54. The broader market remains cautious, suggesting that while short-term momentum has returned, the event’s potential impact is only beginning to be reflected in market pricing. This article was written by Tareq Sikder at www.financemagnates.com.

Australian authorities investigating a suspected criminal accused of accumulating cryptocurrency through the sale of technology products to alleged offenders have accessed a cryptocurrency wallet worth 9 million Australian dollars.Digital assets meet tradfi in London at the fmls25The Australian Federal Police found password-protected notes on the suspect’s phone, along with an image containing sequences of numbers and words. AFP Commissioner Krissy Barrett said the sequences were divided into six groups with over 50 possible combinations. Altered Sequences Reveal Hidden CryptocurrencyThe digital forensics team determined the information was likely linked to a crypto wallet. The suspect reportedly refused to provide the keys, an act that carries a maximum penalty of 10 years in Australia.Barrett noted that without access to the wallet, the suspect could leave prison with millions obtained from alleged criminal activity. A data scientist at the AFP identified that the sequences had been intentionally altered, requiring the removal of the first number from each string to recover the wallet’s 24-word seed phrase.The AFP said some sequences appeared deliberately modified by a human rather than generated by a computer.Australian Police Use 'Crypto Safe Cracker' to Access $6M Stash► https://t.co/aQKC0K8Eww https://t.co/aQKC0K8Eww— Decrypt (@DecryptMedia) October 30, 2025Seized Crypto Funds Could Aid Crime PreventionThis is not the team’s first crypto recovery. Previously, the same staff member helped retrieve over $3 million in digital assets. The funds were seized by the AFP’s Criminal Assets Confiscation Taskforce. If courts approve confiscation, the money will be placed in a commonwealth account and distributed for crime prevention under Home Affairs Minister Tony Burke.Australia Warns of Rising Crypto ScamsIn Australia, crypto-related recovery scams are on the rise. The Australian Securities and Investments Commission warned that fraudsters are impersonating its representatives, asking victims for payments to release funds or assets. ASIC emphasized it does not request payments in any currency, including digital or crypto assets, and does not authorize third parties to use its logo. The regulator has removed over 10,000 scam websites. Similar cases have occurred internationally, including a recent incident in Malaysia involving a forex broker. This article was written by Tareq Sikder at www.financemagnates.com.

Investors cheer as Amazon’s Q3 earnings crush expectations and AWS rebounds, just days after the tech giant announced plans to axe tens of thousands of corporate jobs.Wall Street Loves a Good FiringIt’s the kind of timing only Big Tech can pull off. Days after Amazon announced plans to begin cutting up to 30,000 corporate jobs, its stock surged 13% in after-hours trading on Thursday as investors celebrated a blowout third quarter. Cost-cutting, it seems, is the new innovation.Don’t doubt this man again$AMZN pic.twitter.com/Zlm33ovRkR— The Long Investor (@TheLongInvest) October 30, 2025The company reported earnings per share of $1.95 on revenue of $180.2 billion, beating Wall Street estimates of $1.58 and $177.8 billion respectively. Its cloud arm, Amazon Web Services (AWS), hauled in $33 billion in revenue—up 20% year-on-year and its fastest growth since 2022.CEO Andy Jassy sounded predictably bullish: “We continue to see strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business.” Translation: the robots are coming, and they’re good for margins.AI Dreams and Power NightmaresJassy didn’t stop there. He told investors Amazon has added 3.8 gigawatts of capacity over the past year and plans to double that by 2027. Power, not chips, appears to be the main bottleneck, though that may soon shift. In the meantime, Amazon is still snapping up Nvidia’s finest silicon while touting its homegrown Trainium2 chips, which are now part of a “multibillion-dollar business” growing 150% quarter over quarter.Amazon laying off 30,000 people and then beating on earnings so much that the stock gained $250 billion dollars in 1 minute is all you need to know about what AI is going to do to society. pic.twitter.com/Js5JVoBoDu— Spencer Hakimian (@SpencerHakimian) October 30, 2025Amazon even unveiled Project Rainier, a massive AI cluster featuring 500,000 of those chips. It’s a flex aimed squarely at Microsoft and Google, whose AI-cloud empires have made Amazon look sluggish. The company also confirmed AI startup Anthropic has signed on to use one million custom Amazon chips to train and run its models, though Anthropic announced a similar deal with Google just last week.In other words: Amazon is in the AI race, just not leading it. Yet.[#highlighted-links#] From Rufus to Rainier: The Great AI PivotIf AI is the future, Amazon wants a piece of every corner. The company’s new AI shopping assistant, Rufus, has reached 250 million users this year, and those users are 60% more likely to make a purchase, according to Amazon. Meanwhile, its “Help Me Decide” feature is quietly monetizing indecision, offering algorithmic guidance for the consumer who can’t choose between air fryers.Amazon didn’t just cut 14,000 jobs. It cut latency.The headlines call it an AI layoff. But this isn’t about technology. It’s about throughput.Wall Street wants leverage. AI gives leadership a new language for delivering it:Fewer humans between signal and decisionFewer… pic.twitter.com/WQ1CEgaxby— David Elkington (@DaveElkington) October 28, 2025Jassy insists Amazon is monetising as fast as they’re bringing in capacity, and analysts seem convinced. Advertising revenue hit $17.7 billion, narrowly topping expectations, while retail sales rose 10%—helped by July’s Prime Day feeding frenzy.A Tale of Two HeadlinesBut let’s rewind. Just before this euphoria, Amazon announced plans to axe up to 30,000 corporate staff, the largest such layoff in its history. With Wall Street applauding the “leaner” Amazon, it looks like a grim masterclass in timing.Still, investors don’t seem bothered by the human cost. The $1.8 billion in severance and $2.5 billion FTC settlement baked into this quarter’s results barely dented enthusiasm. Amazon’s capital expenditure forecast now sits at $125 billion for 2025—up from $118 billion earlier this year, with plans to spend even more in 2026.Lean, Mean, and Lovin’ ItThe results were so strong they lifted broader markets. Futures tied to the S&P 500 rose 0.5%, while Nasdaq 100 futures gained 1%. Apple, which posted its own upbeat quarter, rose 3% after-hours.For the next quarter, Amazon is projecting sales between $206 billion and $213 billion, implying growth of up to 13%. Operating income is forecast between $21 billion and $26 billion, numbers that would make even the most hardened cost-cutter blush.Wall Street, of course, rewarded it all with enthusiasm usually reserved for moon landings or AI breakthroughs. The message is clear: lay off tens of thousands, beat your numbers, and your stock soars.The Bottom LineAmazon has successfully convinced the market that ruthless efficiency equals visionary leadership. Whether that holds when the next quarter rolls around, and as the pink slips settle, is another story. For now, investors are high on AWS acceleration, AI optimism, and the faint smell of redundancy in the air. This article was written by Louis Parks at www.financemagnates.com.

Coinbase (Nasdaq: COIN) ended the third quarter of 2025 with $1.50 in earnings per share, beating Wall Street’s expectation of $1.05 by 45 per cent. The crypto exchange’s quarterly revenue came in at $1.86 billion, higher than the estimated $1.8 billion.Revenue for the company between July and September jumped by 25 per cent compared with the previous quarter.Digital assets meet tradfi in London at the FMLS25.A Boost in Trading ActivitiesTransaction revenue at $1 billion dominated the total figure, along with subscription and services revenue of $747 million. The exchange further earned $355 million in stablecoin revenue.Revenue was particularly fuelled by an increase in trading volume, which rose 38 per cent quarter-over-quarter. Spot volume in the US alone also jumped 29 per cent.The net income of the San Francisco-based crypto giant for the three months came in at $433 million, with an adjusted EBITDA of $801 million.“It was another great quarter for Coinbase,” Coinbase’s Co-founder and CEO, Brian Armstrong, said in the earnings call. “Financially, Coinbase’s core business is incredibly strong, and we’re very well positioned for the opportunities ahead of us.”Long-Term Investments Paid OffThe exchange also has a strong balance sheet and investment portfolio. It ended the quarter with $11.9 billion in USD resources and another $2.6 billion in long-term crypto investments. Its Bitcoin-only investment portfolio also grew by $299 million.The company now holds total assets of over $31 billion and liabilities exceeding $15 billion.Meanwhile, Coinbase is expanding its market presence, both in terms of products and geographies, with new investments. It recently agreed to acquire Echo in a $375 million deal, along with another investment in Indian crypto exchange CoinDCX. Additionally, it has completed the acquisition of Deribit, a major crypto options venue.“Deribit is already the market leader in options,” said Coinbase’s CFO, Alesia Haas. “They have over 75 per cent market share for options. Notably, this is all non-US, and so there are paths to grow the market for options in the US.” This article was written by Arnab Shome at www.financemagnates.com.

A Concentrated and Expensive MarketBehind the optimism, market valuation issues are becoming increasingly prominent. Currently, the S&P 500 index's price-to-earnings (P/E) ratio exceeds 30, much higher than the average. Such a high valuation means the market has already factored in extremely high growth expectations, leaving very limited buffer for any potential disappointments. Even more concerning is the extreme concentration in the market. In the Nasdaq100 index, the top five companies by market capitalization account for 50% of its price fluctuations, while Nvidia alone has a weight of 14%.This concentration in a few "Magnificent Seven" tech stocks makes the entire market highly sensitive to the performance of these companies, posing a vulnerability for the market.Looking back at the dot-com bubble in 1999, similar situations of high valuations and high market concentration have emerged, especially when driven by a single powerful narrative (such as the current artificial intelligence). These historical precedents warn us that the current market structure contains risks that cannot be ignored.The stark contrast between market optimism and fundamental fragility creates hidden dangers for the market. Although the VIX index is low, this may not reflect the true risk level, but rather is a manifestation of market complacency and FOMO sentiment.A market supported by a few highly valued stocks is inherently less stable than a broad-based bull market. Therefore, any negative news targeting the "Magnificent Seven" – such as a severe earnings miss or cautious future guidance – could cause a disproportionately negative impact on the entire market, triggering a rapid reversal of optimism and a sharp rise in volatility.The core driver of this Wall Street rally is a significant shift in market sentiment. The VIX has shown signs of market complacency. Since October, the VIX index has fallen from 25 (this month's high) to around 15 (as of last night), well below the normal volatility baseline of 20, indicating a significant reduction in investor anxiety. The active participation of retail investors is another proof of high sentiment. However, a warning sign is that as the S&P 500 approached its historical high, the VIX index also surged at one point. This is a rare signal in history that foreshadows a possible "melt-up" in the market, revealing a complex emotional environment: on the one hand, strong "fear of missing out" (FOMO) sentiment, and on the other hand, potential anxiety coexisting with the market's optimistic performance.Profit Engines: AI and Corporate ResilienceThe market rebound is not merely built on sentiment; it is supported by an unexpectedly strong Q3 earnings season. The Q3 2025 earnings season emerged as a significant positive catalyst. Among the 29% of S&P 500 companies that have reported results, a high 87% exceeded earnings per share (EPS) expectations, and 83% surpassed revenue expectations. This rate is significantly higher than the five-year average of 78%.Overall, the blended earnings growth rate for the S&P500 reached 9.2%, marking the ninth consecutive quarter of earnings growth for the index. This demonstrates exceptional corporate resilience amidst rising inflation and interest rates. More critically, actual earnings exceeded expectations by 15.1%, nearly double the 8% growth rate generally anticipated by the market before the earnings season began, indicating that analysts' forecasts were overly conservative.The Fed's Crucial MomentThe market has fully priced in a 25 basis point rate cut by the FOMC at its October 28-29 meeting. CME's FedWatch tool shows a probability of over 97% that the Federal Reserve will lower its target rate to the 3.75% to 4.00% range.The market has called this rate cut a "done deal" and a "foregone conclusion."The justification for this rate cut will be the Fed's increasing concern over a weakening labor market, a judgment based on data prior to the government shutdown, which showed slowing job growth and downward revisions to previous months' data. The Fed made its first rate cut of this cycle in September, signaling a shift in its policy focus towards the employment aspect of its dual mandate.Decision in a Data Vacuum: The Impact of the Government ShutdownAn unprecedented and severe challenge facing the Fed is the ongoing government shutdown, now in its fourth week. This has led to a suspension of almost all official economic data releases from agencies like the Bureau of Labor Statistics (BLS).This means the Federal Reserve will not have access to key reports on recent employment and inflation conditions when making its October interest rate decision. They are essentially "flying blind," relying only on old data and private sector indicators. This "data vacuum" brings enormous uncertainty. Although the last officially released September Consumer Price Index (CPI) report showed inflation at 3.0%, lower than expected, providing support for a rate cut, the Fed still lacks a complete, up-to-date picture of the overall economy.Reading Between the Lines: Powell's Press Conference and Clues for 2026With a rate cut already a certainty, all market focus will be on Federal Reserve Chairman Powell's press conference and the wording of the FOMC statement. Investors will be looking for clues about the path of monetary policy in 2026.Key questions include: After an expected second rate cut in December, will the Fed signal a pause, or will it leave the door open for further easing? Currently, the bond market has priced in expectations for three rate cuts in 2026.Powell's challenge will be how to justify a rate cut by citing downside risks in the job market, while simultaneously acknowledging that pre-shutdown data showed economic activity might be "more robust than expected" due to AI investment and consumer resilience. His discourse on the balance of risks between inflation and employment will be closely scrutinized by the market. The Fed faces a significant risk of making a policy error.In a period of "data vacuum," cutting rates based on outdated data could provide unnecessary stimulus to an economy that proves more resilient than imagined, potentially reigniting inflation in 2026 after the temporary drag of the government shutdown ends. The shutdown has resulted in a lack of recent official labor market and economic activity data, and the Fed's actions are based on August and September data, when the main signal was a weakening labor market. However, at the same time, Fed officials also admit that economic growth may be on a "more robust than expected track" due to AI investment and consumer resilience, and the latest preliminary PMI data also indicates a strong start to the fourth quarter. This contradiction puts the Fed in a dilemma: it feels compelled to act on the last clear signal it received (weak labor market) but is doing so in an information vacuum, while conflicting private sector data hints at potential economic strength.If the economy is indeed stronger than old data suggests, then this "preventive rate cut" could be pro-cyclical, adding fuel to an already hot market, and potentially leading to a re-acceleration of inflation after the temporary drag of the government shutdown ends. This could force the Fed to make a hawkish reversal later in 2026, delivering an unexpected shock to a market currently anticipating a path of continued easing.Inflation conundrum: Tariffs and a slowing labor marketInflation remains a key concern. Before the government shutdown, the Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) price index, stood at 2.9%, still well above the 2% target. Higher tariffs are expected to continue to weigh on economic growth and push up inflation. This presents a complex policy dilemma for the Federal Reserve, which is facing a rare situation where the labor market appears to be weakening while inflation remains stubbornly high. This dilemma is exacerbated by the government shutdown, which obscures the true state of both variables. There appears to be a significant blind spot in the current market: it is digesting the benefits of pre-shutdown economic resilience (strong earnings) while almost completely ignoring the accumulating costs of the shutdown. Strong third-quarter earnings reflect economic vitality before the full impact of the shutdown became apparent. However, with the shutdown now in its fourth week, its economic costs are increasing, dragging down GDP by 0.2% each week, which poses direct and continuous pressure on fourth-quarter GDP.There is a temporal disconnect in market focus, celebrating past strength (Q3 results) while ignoring current and future weakness (the shutdown's drag on Q4). The positive narratives of Fed rate cuts and trade deals are masking this fundamental economic headwind. When the government finally reopens and full economic data for October and November are released, it is likely to show a significant slowdown in economic activity. This could shock a market that has been immersed in a narrative of resilience, forcing a painful repricing of growth expectations for Q4 2025 and Q1 2026.Geopolitical Tailwind: US-China Relations ThawAfter months of escalating tensions – including threats of over 100% tariffs and restrictions on rare earth exports – US and Chinese officials reached a “very substantive framework agreement” during talks in Malaysia over the weekend of October 25-26.This framework agreement is expected to prevent the implementation of new tariffs and postpone China’s export control measures, paving the way for a constructive meeting between President Trump and President Xi Jinping at the upcoming APEC summit. This news was the primary driver of the market’s record opening on Monday, October 27.The easing of trade tensions had an immediate and powerful impact on market sentiment. It reduced uncertainty for businesses, potentially unlocking postponed investment and hiring activities. This development triggered a classic “risk-on” rotation in global markets. Asian stock markets surged, US Treasury yields rose (indicating reduced demand for safe-haven assets), while safe-haven assets like gold plummeted, falling below the 4000 level. This broad-based market reaction confirms the importance of the trade news as a major macro driver.The de-escalation of US-China trade relations is the crucial “unlock” catalyst that triggered the current rally. It didn’t in itself create the fuel for a bull market (strong earnings, a dovish Fed pivot), but it removed the main obstacle suppressing risk appetite – fear and uncertainty – thereby allowing other positive narratives to fully play out. For weeks and even months, the market had been volatile due to trade war headlines, which was a major negative factor. The news of a “framework agreement” over the weekend was immediately followed by a record market rally on Monday, a close temporal correlation indicating a direct causal relationship. This suggests that the market was like a coiled spring, with underlying conditions for a rebound (strong earnings, anticipated Fed easing) already in place, but geopolitical risks had been suppressing market sentiment. Therefore, the current rally is highly dependent on the continuation of the trade truce. Any new signs of friction, or a failure of the Trump-Xi meeting to produce a concrete agreement, could quickly reverse positive sentiment, as it would reintroduce the uncertainty that has just been eliminated.The market has already priced in the best-case scenario on trade, making it particularly vulnerable to any disappointing news.Despite the strong current tailwinds, the potential risks are equally significant and require close monitoring. The divergence between euphoric market sentiment and complex, uncertain fundamentals is the defining characteristic of the current market.Base Case: Markets continue their slow grind higher into year-end, supported by a dovish Fed, a formal US-China trade agreement, and sustained strong AI-related earnings. However, the rally becomes more volatile as the economic impact of the government shutdown becomes clearer and high valuations act as a ceiling.Bull Case (Melt-Up): A combination of Fed rate cuts, a comprehensive trade deal, and better-than-expected post-shutdown economic data triggers a wave of FOMO and short covering, pushing the highly concentrated tech sector into a parabolic rise and lifting the broader market.Bear Case (Correction): The rally proves fragile. A negative catalyst — such as a breakdown in trade talks, a hawkish Fed surprise (e.g., explicit pause in rate cuts), or a major tech earnings disappointment — bursts the sentiment bubble. Investors refocus on high valuations and the economic damage from the government shutdown, leading to a swift market correction.Key Questions:Durability of the AI Capex Cycle: Are current levels of AI investment sustainable? When will investors demand to see tangible returns on these massive investments?Fed's 2026 Path: If inflation re-accelerates, will the Fed be forced to reverse course? Or will a slowing economy allow for the continued easing the market expects?Margin Resilience vs. Economic Drag: Can corporate profit margins remain strong in the face of a slowing economy (due to the government shutdown) and persistent cost pressures?Market Breadth vs. Concentration: Will the rally broaden out to other sectors, or will it continue to rely dangerously on a few large tech stocks? This article was written by FM Contributors at www.financemagnates.com.

FXCubic, a leading provider of liquidity aggregation, bridging, and risk management technology, announced that its flagship FXCubic Bridge processed over 3,000 yards in trading volume during September 2025, marking a major milestone for the company and reinforcing its position among the most trusted liquidity technology providers in the market.What makes this achievement particularly significant is that, unlike some other providers, FXCubic’s trading volume measurement excludes both double-counted and prop trading volumes, further reinforcing the accuracy of the figures and the genuine volume passing through FXCubic’s systems regularly. This makes FXCubic’s 3,000 yards of volume in a single month one of the largest true retail volumes in the industry.“We’re extremely proud to reach this milestone,” said Ege Kozan, CEO at FXCubic. “It reflects not only our growth but also the investment and attention we put into performance and stability, while maintaining full functionality when developing the core of our product many years ago. We’re pleased to see these efforts paying off after what has been an extremely volatile year.”Trusted by the Industry’s Biggest NamesOver the years, the FXCubic Bridge has become the technology of choice for some of the largest and most respected brokers in the global trading industry. While already supporting the industry’s most prominent trading platforms, the FXCubic Bridge remains the most adaptable and scalable bridging solution for mid-sized and large brokers alike. Its reputation is built on unmatched reliability, speed, and transparency, helping leading brokerages maintain seamless execution and control — even in the most volatile market conditions.Performance Under PressureFXCubic became widely recognized for its exceptional ability to perform under pressure, delivering stable, uninterrupted operation through periods of intense market volatility — when other systems often slow down or fail.Its advanced architecture, intelligent protection algorithms, and proactive risk management tools enable brokers to operate with confidence and efficiency, regardless of market turbulence.“Our clients rely on the FXCubic Bridge to deliver speed and resilience in all market conditions,” added Wassim Khateeb, CCO at FXCubic. “It’s built to protect brokers and traders alike, maintaining execution quality and stability even when markets move fast.”Outlook for Q4 2025With client adoption continuing to grow and trading activity remaining elevated, FXCubic expects Q4 2025 to be its strongest quarter to date, further expanding its footprint among retail-focused brokerages worldwide.About FXCubicFXCubic https://fxcubic.com/ is a leading technology provider specializing in liquidity aggregation, bridge connectivity, and risk management solutions for forex and CFD brokers. Its systems are built to empower brokers to achieve greater operational efficiency and smarter execution. Backed by exceptional, hands-on support, FXCubic’s team ensures partners receive fast, personalized assistance at every stage of their growth. This article was written by FM Contributors at www.financemagnates.com.

Investor excitement around cryptocurrency IPOs in 2025 has faced some harsh market realities. Despite a wave of public listings from major crypto firms, only Circle Internet Financial and Galaxy Digital have delivered gains since their initial public offerings, according to Protos.com data.Digital assets meet tradfi in London at the fmls25Other entries, such as eToro, Bullish, and Gemini, have seen their stock prices fall significantly, challenging the early optimism surrounding these offerings.Rare Gains in a Crowded IPO MarketThe surge of cryptocurrency companies going public this year has not guaranteed profits. Circle Internet Financial (NYSE: CRCL) and Galaxy Digital (NASDAQ: GLXY) remain the exceptions, each climbing roughly 63% since their Nasdaq debuts.These two companies have illustrated that sustainable gains in this sector require more than initial hype. Galaxy Digital's U.S. debut took the form of a secondary offering rather than a classical IPO. This move followed years of trading on the Toronto Stock Exchange, now signaling the company’s full integration into American public markets. Circle, meanwhile, briefly soared to nearly three times its initial price before settling to current levels.Struggles for Other Crypto ListingsOther prominent crypto listings have faced steep declines. eToro (NASDAQ: ETOR), which offers crypto products but isn’t solely a crypto company, saw the largest plunge, losing over 40% of its value since its IPO.Read more: eToro Shares Drop Widens to 40% Since May IPOGemini (NASDAQ: GEMI) and Bullish (NYSE: BLSH) have also suffered, each dropping more than 20%. Bullish recorded the mildest decrease among the three underperformers. This modest return highlights the mixed nature of this year’s crypto IPO market and underscores the importance of making selective investments.The current climate signals a need for investor caution and deeper analysis before investing in new cryptocurrency offerings, as the market sorts out winners from losers.Even as numbers show a declining enthusiasm, OpenAI, the developer of ChatGPT, is considering an IPO that could value the company at up to a staggering $1 trillion. Reuters reported that OpenAI may file for regulatory approval as early as late 2026, although the exact timeline has not been finalized. Executives and advisers have discussed raising at least $60 billion through the offering. This article was written by Jared Kirui at www.financemagnates.com.

Hong Kong’s financial industry has made notable strides in female leadership, nearing parity at senior levels thanks to a unique combination of societal support and policy reform.Join IG, CMC, and Robinhood at London’s leading trading industry event!A recent report by Women Chief Executives Hong Kong, KPMG, and The Women’s Foundation reveals that women now hold 45% of senior leadership roles and 37% of board director posts – figures that have increased significantly since 2018.Six Societal Drivers Behind Female Leadership GrowthThe report identifies six societal enablers, summarized as “VOICES,” that underpin sustainable female leadership in Hong Kong’s financial sector.These include visible acceptance of women breaking the glass ceiling, open family support, infrastructure that enables work-life balance, a culture valuing entrepreneurship and merit, equitable education, and an environment that fosters safety and confidence. Hong Kong ranks highest among global financial centers for societal acceptance, empowering women to sustain their careers.“Hong Kong’s social fabric and unique historical context provide a strong foundation for women’s leadership advancement, but the true opportunity lies in building on these assets with intention and inclusivity,” commented Jia Ning Song, Head of Advisory and Head of Banking and Capital Markets, Hong Kong SAR, KPMG China.Seventy percent of surveyed women feel encouraged to lead, while only 15% have experienced gender bias from male colleagues. Furthermore, safety in Hong Kong’s environment stands out as a critical factor, with 76% citing it as key to their career progression. Regulatory and Organizational Advances Fuel ChangeBeyond social factors, regulatory reforms are accelerating the advancement of gender diversity. Hong Kong Exchanges and Clearing Limited has mandated the elimination of single-gender boards by 2025 and enforced annual gender reporting at leadership and workforce levels. At the corporate level, the presence of visible female leaders acts as a powerful motivator. The report shows that 76% of women view female leadership role models as the top factor facilitating career advancement, and 72% recognize an increasing number of women in leadership roles within their organizations.You may also like: UK Company Directors Verification: Half of Firms Unprepared Weeks Before Deadline“Traditionally, leadership traits have been associated with the male gender, leading to a bias often unconscious – that women are less ‘naturally’ suited to senior roles. As more women in Hong Kong are seen leading authentically and successfully, this stereotype is being challenged,” added Ivy Cheung, Senior Partner in Hong Kong SAR and Vice Chairman of KPMG China.Addressing the Mid-Career DipThe report highlights a critical challenge: a “mid-career dip,” where only 59% of mid-career women feel supported in pursuing leadership roles, compared to 77% of entry-level women and 68% of senior-level women. This gap highlights pressures from family care responsibilities and limitations on workplace flexibility.Male allyship remains essential to sustaining momentum. The report finds men often underestimate ongoing gender disparities, partially due to the visibility of some female promotions. This article was written by Jared Kirui at www.financemagnates.com.

As Britain prepares to enforce sweeping identity verification rules under the Economic Crime and Corporate Transparency Act (ECCTA), a new survey shows that most directors are not yet ready, despite the deadline being less than three weeks away. Join IG, CMC, and Robinhood at London’s leading trading industry event!Half of Firms Still Not Ready for VerificationVistra’s latest survey found that 52% of company directors at international firms operating in the UK have yet to meet the ECCTA’s mandatory identity verification requirement, set to begin on 18 November 2025.The law requires all directors, Persons with Significant Control (PSCs), and anyone filing on behalf of a company to verify their identity with Companies House. Yet Companies House data suggests the actual compliance rate may be even lower – fewer than one in five of the estimated seven million individuals have completed verification so far.Firms that miss the deadline risk fines, filing bans, or even director disqualification. Only 56% of directors surveyed were confident they had correctly identified all PSCs within their organizations, heightening the risk of administrative and reputational fallout.According to Meg Ogunsola, Global Director of Entity Management Solutions at Vistra: “Companies House data shows that fewer than one in five of those required to verify have done so, and early action will be critical in avoiding disruption and potential backlogs once verification becomes a legal requirement.”Starting 18 November 2025, all newly appointed company directors and PSCs must verify their identity before they can be incorporated or appointed. Existing directors will be required to complete identity verification when filing their next confirmation statement, with full compliance required by November 2026.Awareness Still Alarmingly LowDespite being one of the most significant corporate governance reforms since Companies House was established in 1844, nearly a third of respondents remain unaware of ECCTA requirements or key deadlines.Recently commenting about the move, Jonathan Frost, Director of Global Advisory for EMEA at BioCatch, said: “The announcement from Companies House that it will verify the identities of directors and beneficial owners is a vital step forward for corporate transparency. However, the proposed 12-month phased rollout leaves a clear window for criminals to abuse.”Related: UK Company Directors Must Verify Identity or Risk Losing Role Under New Law Starting NovemberCompliance gaps are not limited to identity verification. Only 53% of respondents whose companies qualify under the new Failure to Prevent Fraud offense reported being compliant, despite the measure taking effect on September 1, 2025. The offense applies to large companies – those with turnover above £36 million, assets exceeding £18 million, or more than 250 employees – and carries unlimited fines for breaches.UK Lags Behind Global CounterpartsIronically, firms based in the UK are the least prepared globally, according to Vistra’s data. Only 72% of UK directors were aware of the ECCTA, compared to 76% in the EU, 90% in APAC, and a full 100% in the US.US firms also lead in compliance, with 65% for identity verification and 71% for the fraud prevention rule, compared to just 38% and 44%, respectively, among UK firms.The disparity extends to perceptions of risk. While 100% of US respondents expressed concern about penalties or reputational harm from non-compliance, only 59% of UK respondents reported the same concern. Despite the short-term challenges, the ECCTA’s tougher verification standards appear to be boosting the UK’s reputation for transparency. Two-thirds of global directors surveyed stated that they are now more likely to approve the creation of UK subsidiaries or entities due to the new regime – an indication that stricter compliance rules may ultimately strengthen investor confidence in the long run. This article was written by Jared Kirui at www.financemagnates.com.

Bitcoin has been bearish over the last three days. The cryptocurrency briefly rose after finding intraday support. It then moved back toward the support level with strong downward momentum.Digital assets meet tradfi in London at the fmls25Smaller time-frame charts currently favor sellers. Michael Saylor, co-founder of Strategy, which holds the largest Bitcoin treasury, projected that Bitcoin could reach $150,000 by the end of 2025.Saylor Cites Regulation as Bitcoin ForecastSaylor spoke at the Money 20/20 conference in Las Vegas. He cited regulatory developments, including the SEC’s approach to tokenized securities and US Treasury support for stablecoins, as factors behind the forecast. The projection comes amid lower crypto prices, partly due to market reactions to US tariffs on China. Analysts say that easing trade tensions and ongoing negotiations could affect trends.BREAKING: ?? Michael Saylor said Bitcoin will reach $150,000 by the end of 2025. pic.twitter.com/QNUELKYSlY— Ash Crypto (@Ashcryptoreal) October 29, 2025BTCUSD Faces Rejection, Trades Near SupportBTCUSD, after a period of bearish movement, found support at 108,180. The price attempted to move higher but faced rejection at the previous swing high of 111,700. Since then, it has resumed its downward trajectory. At the time of writing, BTCUSD is trading around 108,180. A bearish breakout below this level could attract sellers and push the price further downward.Diverging Views Emerge Over Bitcoin’s Year-End Price OutlookSeveral crypto executives remain confident that Bitcoin could reach $250,000 by year-end, though Galaxy Digital CEO Mike Novogratz expressed skepticism. Novogratz told CNBC that with just a couple of months left in the year, such a surge would require “a heck of a lot of crazy stuff” to drive that kind of momentum.At the same time, analysts like Fundstrat co-founder Tom Lee and BitMEX co-founder Arthur Hayes continue to double down on their $200,000–$250,000 targets. On the Bankless podcast, Lee argued that the halving cycle, accelerating institutional adoption, and a more pro-Bitcoin U.S. government are compelling tailwinds. Hayes, meanwhile, said in a recent interview that global liquidity is a key driver, and he believes a rally toward $250,000 could quiet ongoing controversy.First of its kind:S&P Global just gave Strategy Inc a ‘B-’ (Stable) rating --the first time ever a Bitcoin Treasury Company has been rated by a major agencyWall Street’s finally catching up to #Bitcoin?https://t.co/0niLGEEWsn— RocketFuel Crypto Education (@RocketFuelEdu) October 27, 2025Heavy Bitcoin Holdings Increase Company RiskMeanwhile, S&P Global Ratings gave Strategy a “B-” credit rating, which is considered speculative. The rating notes the company’s large Bitcoin holdings, limited diversification, and low dollar liquidity. Strategy, formerly a software firm, now focuses on holding Bitcoin through equity and debt funding. S&P said the company’s heavy crypto exposure makes it sensitive to market swings and regulatory changes. Its software business contributes minimally to cash flow. This article was written by Tareq Sikder at www.financemagnates.com.

OpenAI, the company behind ChatGPT, is exploring an initial public offering (IPO) that may value it as high as $1 trillion, potentially placing it among the largest public listings in history.Discover how neo-banks become wealthtech in London at the fmls25Sources cited by Reuters say the artificial intelligence giant is weighing a regulatory filing as soon as late 2026, though timing remains fluid. The plans mark a turning point for the company, which has spent years balancing commercial expansion with its founding nonprofit principles.Moving Away from Nonprofit PrinciplesAccording to early estimates, executives and advisers have discussed raising at least $60 billion in the offering. OpenAI’s Chief Financial Officer, Sarah Friar, has reportedly told some associates that the company is targeting a 2027 listing, while others believe it could happen sooner.In a recent livestream, CEO Sam Altman acknowledged that going public is becoming increasingly likely. Despite public speculation, the company maintains that a listing is not its immediate focus. Founded in 2015 as a nonprofit research lab, OpenAI was originally created to ensure that AI development benefited society rather than shareholders. That mission evolved as the company needed massive capital to train large models like GPT-4 and develop products such as ChatGPT and DALL·E.You may also like: Bybit to Stop Onboarding New Japanese UsersA series of structural changes followed. In 2019, the company introduced a capped-profit model, giving investors returns up to a certain limit while keeping the nonprofit in control.The latest restructuring also reduces OpenAI’s dependency on Microsoft, which has invested billions of dollars in exchange for preferred access to its AI models. By preparing for an IPO, OpenAI could diversify its funding base and gain more flexibility to pursue acquisitions or infrastructure projects independently.$1 Trillion Target Dwarfs Recent IPOsIf the IPO materializes, OpenAI could join the ranks of the world’s most valuable public tech companies, alongside Apple and Microsoft. OpenAI’s targeted IPO valuation dwarfs some of the most recent listings. Circle, the issuer of the USDC stablecoin, which went public in June, initially targeted $6.71 billion on a fully diluted basis.Israeli fintech company eToro also made its Nasdaq debut under the ticker ETOR in October, after pricing its initial public offering at $52 per share, with a market capitalization of more than $4 billion. The shares opened strongly, climbing above the offering price shortly after trading began.Even the Swedish fintech giant Klarna, which completed its long-awaited U.S. initial public offering last month, can’t come any closer to OpenAI's targeted valuation. The firm raised $1.37 billion in New York and achieved a market capitalization of approximately $15.2 billion. Another well-known brand in the crypto space, Gemini, is eying a $2.2 billion valuation in a planned listing. This article was written by Jared Kirui at www.financemagnates.com.

October was expected to live up to its “Uptober” reputation, but so far, Bitcoin’s price action tells a different story. After kicking off the month with momentum, BTC has struggled to maintain altitude, slipping below key resistance levels as risk appetite faded across equities and crypto alike.Still, history suggests the month isn’t over yet for the bulls. October has been Bitcoin’s best-performing month on average, delivering roughly 20% gains historically, with a median return of nearly 15%. That track record, coupled with shifting macro conditions, is keeping investor optimism alive.Much of Bitcoin’s near-term trajectory may now hinge on what happens in traditional markets, particularly with U.S. Federal Reserve policy and tech stock performance. Traders are eyeing the upcoming Fed decision closely, where even a modest rate cut could reignite “risk-on” sentiment, boost the Nasdaq, and spill over into digital assets.In short, Bitcoin’s next breakout may depend less on on-chain dynamics and more on how Wall Street reacts to Washington, making the coming weeks a pivotal test of whether “Uptober” can still live up to its name.Why Rate Cuts are Bullish for BTCOn Oct. 29, the Federal Reserve is scheduled to hold its next Federal Market Open Committee (FOMC) meetings. These are the meetings where America’s central bank decides to make changes in interest rates. There is a high likelihood that the Fed cuts interest rates once again.At least, that’s the view of CME Group’s FedWatch, which says that there is a 94.7% chance that the Fed cuts rates by 25 basis points, or 0.25%, from the current 4%-4.25% target rate, down to 3.75%-4%.Why are lower interest rates bullish for Bitcoin prices? Lower interest rates mean greater market liquidity, which in turns spur a “risk on” sentiment among investors. When investors are in “risk on” mode, more speculative asset classes, whether they be growth stocks, or in this case, cryptocurrencies, typically experience an increase in value.Make no mistake. Fedwatch isn’t unique in its highly confident view. It may just be stating the obvious, based on how institutional investors continue to steadily invest in spot Bitcoin ETFs, and how publicly-traded companies continue to stockpile Bitcoin in their corporate treasuries.Institutional interest continues to increase even with the recent crypto pull-back. One example of this is the recent partnership between crypto exchange leader Binance and global investment leader Franklin Templeton. Binance CEO Richard Teng commented on the partnership in a recent X post, “We continue to see a convergence of TradFi and crypto, furthering adoption and legitimacy of crypto. We are proud to partner with #FranklinTempleton @FTI_Global which is a great testament to the positive momentum and the integration of crypto in the broader financial system.”A Growth Stock Rally Could Give a Bitcoin Rebound More RunwayAs a risk-on asset, Bitcoin tends to move in tandem with growth stocks, particularly those that dominate indices like the Nasdaq-100. If the Federal Reserve follows through with a rate cut later this month, the resulting drop in yields could reignite demand for high-growth equities, extending the rebound already underway in tech and innovation-heavy sectors.That momentum could easily spill over into digital assets. Bitcoin has maintained a notably high correlation with the Nasdaq-100 in recent quarters, a relationship reinforced during its recent pullback, which coincided with equity weakness amid renewed U.S.–China trade tensions. As those fears ease and growth stocks regain traction, Bitcoin has begun climbing back in parallel, albeit more gradually.Beyond monetary policy, additional catalysts could keep the recovery alive. A strong earnings season from Big Tech names, including Apple, Nvidia, and Microsoft, could sustain investor confidence and further buoy broader risk sentiment. Combined with the prospect of easier credit conditions, these dynamics give Bitcoin ample runway for a renewed rally into year-end.So while “Uptober” may have disappointed, the setup for an “Upvember” or even “Upcember” remains very much in play if macro tailwinds align.The Bottom LineIn Binance Research’s August 2025 edition of 10 Charts Shaping 2025, one of the key topics discussed was the outsized performance of cryptocurrencies, including Bitcoin, relative to traditional asset benchmarks:Since the latest pullback, however, Bitcoin’s YTD price performance has taken a hit, falling down to the low double-digits, similar to that of the S&P 500. This recent weakness notwithstanding, though, a return to “risk on,” spurred by an additional 25 basis point rate cut, may be just around the corner.Keep in mind, too, that, as spot gold prices soar to new all-time highs, while Bitcoin flounders, BTC has become undervalued relative to gold once again. If a greater number of market participants begin to once again appreciate Bitcoin’s strength as a U.S. Dollar alternative, BTC could rise, as it starts to benefit from the “debasement trade” that has been driving this latest mega-rally in spot gold prices. This article was written by FM Contributors at www.financemagnates.com.

The UK’s Financial Conduct Authority has issued a warning to investors in Contracts for Difference, urging them not to give up key consumer protections. CFDs allow investors to speculate on the price of a share or asset without actually owning it.Join IG, CMC, and Robinhood in London’s leading trading industry event!The regulator highlighted risks from social media influencers, or “finfluencers,” promoting unregulated offshore firms. Some promise unrealistic returns for copying trades, investing in managed accounts, or paying for daily trading tips. At one firm alone, more than 90,000 people lost about £75 million over four years.High-Pressure Tactics Risk Client FundsThe FCA said some firms use high-pressure tactics to persuade clients to claim professional status. This can expose investors to larger losses than they can afford. Retail protections, including leverage limits and client loss safeguards, prevent nearly 400,000 people each year from risking more than their initial investment. These protections provide between £267 million and £451 million in value.FCA Targets Firms Misleading Retail ClientsThe FCA said firms must not pressure retail clients into professional status or redirect them to other promotions. It will take action against companies that break these rules. The regulator will also continue to target finfluencers offering financial services illegally.Under the Consumer Duty, the FCA said investors should receive clear communications and access products that meet their needs and offer fair value. Its InvestSmart campaign provides tools and guidance to help consumers make informed decisions.Our Annual Report sets out how we've used data and technology to crack down on harm in financial services.Read more https://t.co/PV9ugNCd9d#FinancialServices #FinancialRegulation #Data #TechInFinance pic.twitter.com/DweFq2zcVo— Financial Conduct Authority (@TheFCA) July 10, 2025FCA Blocks Websites, Apps, FinfluencersThe FCA uses data and technology to tackle unauthorized financial promotions, blocking over 1,600 websites and removing more than 50 apps. In 2024, it intervened in almost 20,000 promotions, cancelled 1,500 firm authorisations, and issued 2,240 alerts on unauthorised firms. Social media “finfluencers” were targeted, with 20 interviewed under caution and 38 alerts issued. Whistleblowing reports informed 908 supervisory actions, mainly on Consumer Duty breaches. Banks were fined over £45.5 million for compliance failures.Global Regulators Target Rogue FinfluencersMeanwhile, the Australian regulator, ASIC, issued warnings to 18 finfluencers for promoting high-risk products like CFDs and providing unlicensed financial advice. Part of a global crackdown, the action targets misleading online content and closed communities, emphasizing that individuals offering financial advice must hold a licence to protect retail investors. This article was written by Tareq Sikder at www.financemagnates.com.

Bybit, one of the largest crypto exchanges globally, will suspend onboarding new users in Japan starting tomorrow (Friday). This will impact both Japanese residents and nationals.Aligning with Local LawsIn a press release today (Thursday), the exchange stated that the move came “as part of its proactive approach to embracing local regulations and aligning with the evolving framework set forth by Japan’s Financial Services Agency (FSA).”However, Bybit stressed that its existing customer base in Japan will not face any “immediate changes to the services.”[#highlighted-links#] Bybit is the second-largest crypto exchange by trading volume, according to CoinMarketCap.com. In the past 24 hours, the exchange handled more than $4.6 billion in spot trading volumes and about $17.2 billion in derivatives. It is only behind Binance.“It has always been Bybit’s commitment to operate responsibly and in compliance with local laws and regulatory expectations,” the press release noted.“This decision will allow Bybit to focus its efforts and resources on reviewing local regulatory requirements and assessing how best to meet the standards outlined by Japanese authorities in the future.”Meanwhile, Bybit recently obtained a full crypto licence in the United Arab Emirates. It allows the exchange to operate virtual asset trading, brokerage, custody, and fiat conversion services in the country.A Major Market for Retail TradingJapan is a significant retail trading market. Although the country regulates financial services firms locally, many offshore brands also operate there, mostly by reverse soliciting local customers.FinanceMagnates.com earlier reported that Capital.com has been planning to seek a Japanese licence. ThinkMarkets also acquired a local FX firm, Japan Affiliate, in 2021, while Plus500 bought a Japanese broker in 2022. However, the Japanese contracts for differences (CFDs) market is dominated by local giants like DMM, GMO Click, Gaitame, and Hirose. This article was written by Arnab Shome at www.financemagnates.com.

CopyTrade Market (CTM GmbH), the German-based copy-trading platform connecting investors with regulated portfolio managers and global brokers, today announced the appointment of Lucas Gefeke as Chief Executive Officer, effective December 1st, 2025.This leadership transition marks the beginning of a new chapter for CTM, one driven by purpose: to build a trading environment that serves investors first, not the company running it.Starting with Why: Redefining Trust in TradingFor years, the trading industry has rewarded volume over value and opacity over transparency. CopyTrade Market was founded to change that.The company’s mission is to create a regulated trading ecosystem built on trust, compliance, and technological integrity, where investors retain full control of their funds, portfolio managers keeping the oversight and brokers benefit from transparent and scalable infrastructure.“At CopyTrade Market, we believe trading should serve the client and not the company running it,” said Lucas Gefeke, incoming CEO. “Our purpose is to redefine what responsible trading looks like by creating a regulated, technology-driven environment that puts the investor back at the center.”How CTM Brings Its Vision to LifeCopyTrade Market connects investors directly to licensed portfolio managers and global brokers, without ever taking custody of client funds. By operating with BaFin (Germany) and FSC (Mauritius)-licensed asset managers, CTM ensures every participant in its ecosystem meets the highest compliance standards.This approach allows brokers and investors to work together transparently:• Investors keep control of their trading accounts.• Portfolio managers execute trades under BaFin or FSC regulation.• CTM provides the digital infrastructure, analytics and connectivity that link both sides securely.Momentum Built on PurposeCTM’s belief in regulated and transparent trading has fueled exceptional growth in 2025:• 300% year-over-year increase in assets under management (AUM) to €4 million• Nearly €3 billion in monthly trading volume• Partnerships with GBE Brokers, BlackBull Markets and other regulated institutions• Integration of MetaTrader 5, aside its existing MT4 connectivity• Expansion into 8 European languages, supporting global investor access• Increased strategy-provider compensation to 75% of performance fees, attracting top-tier trading talentLeadership Built for the Next StageWith more than a decade of experience in brokerage, fintech and financial services, Lucas Gefeke brings a deep understanding of both institutional and retail trading landscapes. His previous roles include senior positions at Allianz, Blue Suisse, Adblue Financial Systems, SF Market Services Europe and BDSwiss. As CEO of Winspeare Expert Advisors, he led initiatives in automated trading and MetaTrader integration, experience directly aligned with CTM’s technology focus.Holding both the German “34f” and “34d” financial licenses, Gefeke combines hands-on financial expertise with an entrepreneurial mindset suited to scale CTM’s next phase of growth.Looking Ahead: Purpose-Driven ExpansionUnder Gefeke’s leadership, CopyTrade Market will continue expanding its institutional partnerships, refining data-driven strategy evaluation and strengthening its technology stack, all while maintaining the company’s “Made in Germany” standards of precision, transparency and trust.“This is about more than growth.” Gefeke added. “It’s about proving that compliance, technology and ethics can work together to make trading safer, smarter and more human.”About CopyTrade MarketCopyTrade Market (CTM GmbH) is a Hannover-based fintech company providing a multi-broker copy-trading platform that connects investors with professional trading strategies executed by BaFin or FSC-licensed portfolio managers. Through its regulated infrastructure, CTM empowers investors to follow professional trading strategies without surrendering control of their funds while ensuring transparency, compliance and performance accountability. This article was written by FM Contributors at www.financemagnates.com.

Fight Fight Fight, the company managing the Trump-linked memecoin, is reportedly in talks to buy the US operations of investment platform Republic.com.According to Bloomberg, the discussions are ongoing and involve several potential partners. If completed, the deal could allow Republic users to trade using the Official Trump memecoin and provide crypto startups with new fundraising options.Digital assets meet tradfi in London at the fmls25The talks come as Fight Fight Fight was also reported to be raising $200 million for a digital asset treasury aimed at acquiring more of the memecoin.Galaxy, Binance Back Republic PlatformSources familiar with the talks said the negotiations are private. Fight Fight Fight and CIC Digital, a firm connected to The Trump Organization, together hold about 80 percent of the Trump memecoin supply.Republic has supported more than 3,000 fundraising campaigns and caters to both retail and accredited investors. Its investors include Galaxy Digital and Binance’s venture arm. The platform has also explored blockchain technology for tokenizing real-world assets.In a development that's sending ripples across both the cryptocurrency and crowdfunding sectors, Fight Fight Fight LLC, the company behind the popular Trump memecoin, is reportedly in advanced discussions to acquire the U.S. business of https://t.co/tvKMsbyna1.… pic.twitter.com/v2OmhQv0IX— BitcoinWorld Media (@ItsBitcoinWorld) October 29, 2025Trump-Linked Crypto Projects Face VolatilityThe Trump memecoin, launched in January before Trump’s second inauguration, reached a market capitalization close to $9 billion before falling sharply to about $1.64 billion, according to CoinMarketCap. The token has dropped nearly 90 percent from its peak.Separately, World Liberty Financial, another crypto project linked to Trump, announced it would distribute 8.4 million WLFI tokens worth roughly $1.2 million to early participants in its USD1 stablecoin loyalty program.The top $TRUMP Coin holders will have a private DINNER WITH PRESIDENT TRUMP on May 22nd at the BEAUTIFUL Trump National Club in Washington, D.C. It will be a night to remember! Thank You! And Have Fun! Click Here For Details: https://t.co/Nm31BxQGx5— TrumpMeme (@GetTrumpMemes) April 23, 2025Trump Token Surged After Dinner AnnouncementBack in April, the TRUMP token surged almost80% as a top holder announced plans to pay $5million for a private gala dinner with Donald Trump. The token peaked near$16.17 before correcting to around$12.11. Other factors included a delayed unlock of 40million tokens and its positioning as part of an “access economy,” offering holders unique experiences and privileges linked to the memecoin. This article was written by Tareq Sikder at www.financemagnates.com.

On October 20th, gold reached an all-time high of almost $4400/oz. A price that is even more impressive if you consider the yellow metal began 2025 at just $2,658/oz. marking an almost 65% climb. To put that into perspective, that’s more than six times gold’s historic annual growth rate from 2000 to 2025. The surge has largely been fuelled by geopolitical instability and market insecurity - from trade tensions and tariff wars to the ongoing U.S. government shutdown (at the time of writing) and the risk of recession in the world’s largest economies. Then on October 21st, gold dropped 6.3% - its biggest weekly drop since 2013. Precious metal refiner MKS Pamp’s Head of Research Nicky Shiels noted that while every one of the asset’s technical metrics is overextended, such corrections are healthy in a bull market and often signal a longer-term continuation. Shortly after this necessary correction, Mr. Shiel believes gold's price should consolidate and resume a more regular bullish trend.Against this backdrop, we sat down with Johnny Khalil, Group Director of Trading & Liquidity, and Executive Director at Tickmill Europe, to understand the market conditions around gold, and to hear how Tickmill’s clients have been trading gold through one of its strongest and most dynamic rallies in years. Interviewer: Thank you for taking time out of your busy schedule to speak with us, Mr. Khalil. J. Khalil: It’s an absolute pleasure, thank you for inviting me.Interviewer: To start with, could you please tell me a little bit about yourself for our readers? J. Khalil: Of course, I have been in the financial service industry for almost two decades, starting as a Foreign Exchange Trader. Since then, I have held numerous C-level executive positions, mainly as Head of Dealing. Today, I am Tickmill’s Group Director of Trading & Liquidity and Executive Director of Tickmill Europe.Interviewer: That’s an impressive journey. So, it would be fair to say you know your way around a trading terminal? J. Khalil: Yes, it definitely would. (Mr. Khalil responded jovially)Interviewer: Great, let’s dive right into the topic at hand. Gold. How do you see it now? Has the October dip caused any panic-selling or other significant trends? J. Khalil: Let’s actually start at the beginning, back in January, because this also contributed to the current price of gold. Since markets expected the new U.S. administration to be pro-business, they were relatively upbeat. Since then, though, markets have received the administration’s policies, especially the ones affecting international trade, with a little less enthusiasm. At the same time, in mid-October, we saw something interesting. When markets are unsure, they tend to seek out more stable assets, or at least those perceived as safe havens. Throughout Q3 this year, 51% of our clients trading gold held long positions, and 49% short. But during that period when the gold price spiked in October, this shifted to 73% of Tickmill clients taking long positions, with only 27% short. Interviewer: Very interesting, so for a time, they were almost split down the middle, regarding which way they thought the gold price would move. Some seem to have thought that gold would go above $4400! J. Khalil: Of course, we see a huge difference in risk profiles; some do not mind taking positions with more market exposure, while other clients prefer to err on the side of safety. Interviewer: Is all of the information you are sharing focused on this bullish Q3 period for gold? J. Khalil: Yes, that’s right. We also noticed that during that quarter, gold was our most traded asset. Our data shows that across those three months, our clients executed 13.9 million gold trades, totalling $342 billion in gold volume.Interviewer: So what do you think fuelled this turn towards gold? J. Khalil: First, as I mentioned before, the uncertain geopolitical and economic landscape was a large part of it. The other reason is probably because we offer some of the market's most competitive conditions on gold, so we attract gold traders, and they tend to prefer us.Interviewer: I imagine that a lot of these traders were veterans with relatively large accounts and a lot of capital at their disposal. J. Khalil: Not necessarily. We attract a broad range of traders, from more sophisticated, professional traders to those with fewer years of experience behind them but still willing to capitalise on the markets.Interviewer: That might surprise some readers. J. Khalil: You’d think that, but if you consider that they have gold in their portfolio, you can also conclude that they prefer more stable assets. Newer traders often prefer these because they don’t move as quickly, even during volatility, and they also tend to hold their value better than other assets. Interviewer: That makes sense! Thank you so much for your time today, Mr. Khalil. Is there anything else that you would like to add to conclude our chat? J. Khalil: Thank you as well. It’s an exciting time in the markets, and gold continues to prove why it’s such an essential part of many trading portfolios. At Tickmill, we see that enthusiasm reflected in our own data, as gold traders clearly choose us for a reason. With spreads as low as 7 cents, commission of just $3 per side, and leverage up to 1:1000, we offer some of the most competitive trading conditions in the market. That combination gives clients more flexibility, lower costs, and tighter control - and their volumes show just how much they value those advantages.About TickmillTickmill has established itself as a leading provider of online trading services on a global scale since its inception in 2014. With regulation from leading regulatory authorities, including the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority (FSA) in Seychelles, and recognition from the Dubai Financial Services Authority (DFSA) as a Representative Office, Tickmill prioritises the safety of client funds while upholding the highest standards of transparency and integrity. Composed of seasoned traders with decades of collective experience dating back to the 1980s, the Tickmill team brings a wealth of expertise to the table, having navigated various major financial markets from Asia to North America. For more information about Tickmill and its services, visit www.tickmill.com. This article was written by FM Contributors at www.financemagnates.com.

APAC fintech leader recognised for enabling brokers to seamlessly expand their market reach with professional white label trading solutionsm-FINANCE, a fully-owned subsidiary of Nasdaq-listed MF International Limited (Nasdaq: MFI), has been recognised by the UF AWARDS APAC 2025 for its flagship mF4 platform, which received the ‘Best White Label Trading Solution - APAC 2025’ award. As a master platform, mF4 platform allows brokers to create and manage multiple branded white labels, expanding their market reach and business opportunities. The fully-fledged trading infrastructure underlies the Fintech company’s powerful white-label solution, which includes trader terminals, a dealer desk, back office, price engine, and integrated marketing tools. It covers all aspects of a brokerage, including the important and constantly growing partner revenue channel. With over 20 years of experience in designing tools for brokers in the APAC region and beyond, m-FINANCE is without a doubt one of the industry leaders that others look up to. Its award win therefore makes complete sense.mF4: More than a Trading PlatformOne of the main reasons m-FINANCE won the top honour is its mF4 environment. A perfect solution for forex/bullion/CFD brokers seeking the most effective way to scale and expand their reach, m-FINANCE’s mF4 platform stands out as the market's best offering. The complete ecosystem offers everything a broker needs to run their operations efficiently. mF4 empowers brokers to fully support and manage downstream partners, including IBs and sub-broker networks, through professional, branded white label trading solutions. With extensive customisation and bespoke branding options, brokers can launch their own trading brands and scale their operations efficiently.Designed for APAC Growthm-FINANCE’s solutions are designed not only to run broker operations efficiently but to empower brokers to launch their own white labels and reach new markets in APAC.An industry veteran, m-FINANCE knows how to maximise brokers' growth in such a demanding and sophisticated geographic area as APAC. The unique solutions that this leading Fintech company has purpose-built to amplify brokers’ efforts include:mF4 Trading Platform SolutionForex White Label Trading SolutionsCRM System, Futures GatewayForex Bridge and PluginsECN SystemLiquidity SolutionsCross-platform "Broker+" SolutionCopy Trading AppsAnd every part of its robust white label ecosystem is designed from conception for scalability. The fast speed of deployment minimises time to market and idle cost. Deep customisation and the option to use unique and flexible branding enable m-FINANCE to offer a tested and proven trading solution to its clients, eliminating potentially costly development and downtime. Additionally, m-FINANCE’s comprehensive white-label solution provides multi-level account management for streamlined partner management and around-the-clock support, ensuring consistent uptime and practically zero service interruptions. Finally, the integration of 15 languages also ensures that APAC region traders can have a fantastic trading experience in their native language.Proven ExpertiseSince 2002, m-FINANCE has been providing white label trading services across the APAC region. This is just one of the many challenges the company has helped its clients solve in its over 20 years of operation.Hong Kong Gold Exchange - HKGXThe only gold and silver exchange in Hong Kong, HKGK is a very recognisable and trusted company with over a century of history. As a company with such impressive longevity, it foresaw the industry’s shift and reached out to m-FINANCE to build a bespoke exchange system to ensure its updated ecosystem met and exceeded the demands of today’s fast-moving market. The project required the development of bespoke solutions within a very tight six-month timeframe,m-FINANCE beat the ambitious timeframe while also providing a significant performance improvement. The new ecosystem could accelerate the average trading response to sixteen times the previous and was six times faster than the previous day-end processing speed. Although undoubtedly impressive, these numbers came with zero downtime, a critical feature of any reliable exchange. Built for high performance and accuracy, m-FINANCE fills a real demand in APAC’s fintech market, providing brokers with a solid alternative to industry-standard solutions. Visit the m-FINANCE website to explore its detailed offering. This article was written by FM Contributors at www.financemagnates.com.

Gold price extended losses for a fourth consecutive session, trading today (Thursday), 30 October 2025, at $3,972.30 per ounce (-0.71%) after Federal Reserve (Fed) Chairman Jerome Powell walked back market expectations for a December rate cut, strengthening the dollar and pressuring precious metals. The extended selloff has pushed gold 8.9% below last Friday's $4,144 level, with the metal testing $3,915 on Wednesday before Thursday's modest 0.8% rebound failed to reclaim the psychologically critical $4,000 threshold.The dollar is strengthening, Bitcoin is also falling, and traders are asking why gold is down today. In this article, I conduct technical analysis of the XAU/USD and BTC/USDT charts to answer that question and review the latest gold price predictions.Why Gold Price Is Falling Today? Fed's Powell Walks Back December Cut ExpectationsThe Federal Reserve's rate cut Wednesday, while expected, came with hawkish commentary that caught markets off guard. Peter Grant, VP and senior strategist at Zaner Metals, noted: "Gold had a logical reaction to Powell trying to walk back expectations for a December cut. We're already seeing Fed funds futures trimming expectations, that would be dollar positive and gold negative."The dollar index surged to 99.36 following Powell's comments, one of the highest levels since August, as traders reduced bets on another rate cut in December. Yesterday's declines were mainly caused by dollar strengthening after the Fed's rate cut decision, which boosted the DXY index to this elevated level.Chair Powell reads opening statement at the #FOMC press conference on October 29, 2025: https://t.co/ZDw8oqy6g3— Federal Reserve (@federalreserve) October 29, 2025Together with gold, Bitcoin is also falling for a fourth consecutive session, often called "digital gold," testing intraday lows below $108,000 Thursday. As a result, BTC prices are again declining below the support zone around $110,000 and stopping at the 200 EMA, combined with the 38.2% Fibonacci retracement and a broad support zone marked by July and September lows also tested in October (extending down to $105,000).Michał Stajniak, analyst at XTB, also explained Wednesday's catalyst: "The Fed decided to cut interest rates by 25 basis points to the 3.75-4.00% range, in line with market expectations. Powell indicated during the press conference that the December decision is not certain, and opinions among FOMC members are strongly divided. EUR/USD retreated below 1.1600 after this information."However, in my view, the dollar will weaken in the longer perspective, which will also translate into growth for both gold and Bitcoin. Nonetheless, in the short term we can see some deepened correction.Gold Price Analysis Shows Bearish Pin BarAccording to my technical analysis, gold prices have now experienced four consecutive declining sessions, correcting significantly from the $4,144 level observed last Friday to $3,915 noted yesterday. Although Thursday, October 30, 2025 brings a modest rebound of 0.8% and a test of the $3,982 level per ounce, precious metal prices remain below the psychological $4,000 barrier.Simultaneously, as my technical analysis shows, Wednesday drew a bearish pin bar on the daily chart under this psychological resistance, which generates a sell signal and the possibility of a stronger correction toward the support zone between $3,275 and $3,441, which I wrote about in my earlier analysis in this place. This zone is simultaneously strengthened by the 200 EMA, and from current levels gold could decline by 17%, as I mentioned in my previous gold analysis.It's true that gold still has the 50 EMA ahead of it, above which it has moved continuously since the beginning of 2025. Historically, however, this average has not proven to be as strong support as the aforementioned 200-day indicator. The 50-day moving average currently sits at $3,776.45, representing the first major technical test if the current correction extends.Bitcoin Correlation Highlights Risk-Asset WeaknessUnlike gold, on the BTC/USDT chart I would expect a chance for a rebound and, in the medium term, a return to the vicinity of the ATH around $126,000, which would certainly also help gold. For that matter, on gold, like analysts at major banks, I also forecast a return to the price discovery phase in the medium term.The parallel weakness in both gold and Bitcoin, each declining for four consecutive sessions, highlights a broader risk-asset rotation rather than isolated precious metal weakness. Bitcoin testing support below $110,000 and finding buyers at the 200 EMA zone suggests digital assets face similar technical pressure as traditional safe-havens.Why am I mentioning Bitcoin when talking about gold? Among other reasons, because in recent days the two have been moving in tandem, a trend seen especially when gold posted its sharpest one-day drop since 2020.The correlation between these assets typically strengthens during periods of dollar strength, as witnessed following Powell's hawkish Wednesday comments. Volume in gold futures surged to 64,749 contracts, 34 times the average of 1,879, indicating heavy institutional selling pressure and potential capitulation among leveraged traders.Gold Price Prediction: Long-Term Institutional Forecasts Remain BullishDespite the near-term bearish technical setup, major financial institutions maintain aggressively bullish medium-term forecasts. JP Morgan projects gold averaging $5,055 per ounce by Q4 2026, a 27% premium to current $3,972 levels, while Goldman Sachs targets $4,900 by December 2026, representing 23% upside.These institutional forecasts provide important context for the current 4-day decline. While technical indicators suggest potential for further near-term weakness toward the $3,776 or even $3,275-$3,441 support zones, the strategic outlook remains positive based on structural demand drivers that transcend short-term Fed policy uncertainty or dollar strength.Morgan Stanley recently revised its 2026 forecast upward to $4,400 per ounce, while Metals Focus sees gold reaching $5,000 in 2026 as uncertainty persists across global markets. The convergence of these bullish institutional views, all significantly above current spot prices, suggests sophisticated analysts view the correction as a buying opportunity rather than the start of a prolonged bear market.Before you leave, please also check my previous analysis with Bitcoin and gold price predictions:Gold Price Analysis, FAQWhy is gold falling for 4 days straight?Gold declined fourth consecutive session to $3,972.30 (-0.71% Thursday, -4.14% from Friday $4,144) triggered by Federal Reserve Chair Powell walking back December rate cut expectations during Wednesday press conference, strengthening dollar to 99.36 (highest since August), with Peter Grant (Zaner Metals) noting "Powell trying to walk back expectations for December cut" proving "dollar positive and gold negative," while bearish pin bar formed under $4,000 resistance generating technical sell signal.Is gold crash over or will it continue declining?No. According to my technical analysis, Wednesday's bearish pin bar under $4,000 psychological resistance generates sell signal with potential 17% downside toward $3,275-$3,441 support zone (200 EMA confluence), though 50 EMA at $3,776 represents first major test, with RSI remaining elevated suggesting correction incomplete, but everything above 200 EMA maintains uptrend definition and JP Morgan/Goldman Sachs forecasts $4,900-$5,055 by 2026 viewing weakness as buying opportunity.How low will gold prices go in 2025?My technical analysis identifies first downside target at 50-day EMA $3,776.45 (5% below current $3,972), with main support zone $3,275-$3,441 coinciding with 200-day EMA $3,316 representing 17% decline potential, though volume surge to 64,749 (34x average) suggests capitulation may be approaching, while long-term forecasts remain bullish with Trading Economics $4,157 Q4 2025, Goldman Sachs $4,900 Dec 2026, JP Morgan $5,055 Q4 2026.Why are Bitcoin and gold both falling?Bitcoin declined fourth consecutive session testing below $108,000 alongside gold's parallel weakness, with both assets pressured by dollar strength (DXY 99.36 after Powell's hawkish comments) indicating broad risk-asset rotation, though my analysis expects Bitcoin chance for rebound toward $126,000 ATH in medium term which would help gold, as longer perspective dollar weakness from Fed easing bias and fiscal deficits will translate into growth for both gold and Bitcoin. This article was written by Damian Chmiel at www.financemagnates.com.