Markets

BlackRock’s Bitcoin ETF listed on Nasdaq recently reported massive outflows, seeing $332 million leaving its public fund tracking Bitcoin last Thursday.  According to experts, this was the largest single-day outflow since the fund went live, almost a year ago now....

A Melbourne-based forex and CFD broker, Pepperstone, recently made a move that would further strengthen its position in the sports arena. The trading firm decided to enter a new sponsorship deal with the Aston Martin Aramco Formula One team. The...

Brokeree Solutions, a financial technology provider, has teamed up with Spotware's cTrader platform to roll out its Social Trading system. This move helps the fintech firm broaden its multi-platform trading abilities. This new connection makes it possible to share trading...

The proprietary trading industry is growing quickly, with many new firms starting up. Reports revealed that this growth has raised questions about how easy it is to enter the market, how honest the operations are, and what role technology plays...

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced its new Fixed Rate Loan service. The exchange shared that this service offers users more control and certainty when managing their crypto assets. It is the first time Bybit is...

OCBC Bank has become the first bank in Singapore to introduce bespoke tokenised bonds. The bank said these bonds are for corporate AIs, investors with at least S$10 million in net assets. According to the update, the bonds offer businesses...

CMC Markets has started 2025 with the news of several new appointments at its Singapore office, although majority of the decisions were made last year. The brokerage company has moved Christopher Forbes to the role of Head of Asia, bringing...

Pepperstone, a broker from Melbourne that focuses on forex and CFDs, has teamed up with the Aston Martin Aramco Formula One Team. Reports revealed that Pepperstone is now the team’s Global Forex and Trading Partner through this new agreement. The...

Major crypto trading platform Bybit recently invited global university students to show off their creativity by designing official merch, and it is offering $50,000 in USDT. The amount represents the total prize pool from which the winners will be rewarded,...

The Financial Industry Regulatory Authority (FINRA) recently slapped Barclays Capital Inc. with a $1 million fine for repeatedly botching its net capital calculations. According to the regulator, the bank’s net capital calculations ended up being repeatedly wrong during the first...

Checkout.com, a UK-based payment processing firm, recently decided to cut nearly a quarter of its staff following a major drop in revenue. The company’s accounts for 2023 show that Checkout.com saw its processing transactions go down by 13%, to $204...

According to a recent report by the Russian state news agency, TASS, the country’s largest bank, Sberbank, was ordered by Putin to collaborate with China on the development of AI-based services. The report stated that the Russian president ordered the...

The US Treasury and the Internal Revenue Service (IRS) are facing legal action from multiple blockchain trade groups over the recently introduced rules involving cryptocurrency brokers. Recently, the Treasury and the IRS released new rules that did not sit well...

The French esports team Team Vitality has revealed a new jersey for this year, created in partnership with the Danish sportswear company Hummel. The new jersey features the team’s signature colors and identity, along with Hummel’s well-known chevron design. Fans...

China’s authorities ended the previous year by launching a new set of rules for the local banks which will require them to flag risky transactions, including those that involve cryptocurrencies. As a direct consequence of the new rules, it will...