21Shares AG, one of the leading issuers of crypto exchange-traded products (ETPs), announced today that it is launching the first-ever Polkadot ETP on the Swiss Stock Exchange (SIX Exchange). The company also mentioned that Polkadot was included in the 21Shares HODL basket ETP as the second-largest constituent recently. According to the official announcement, the Polkadot ETP will allow clients to […]

Ruffer, an investment management firm with over $27 billion AUM, confirmed that they had made more than $750 million in profits. The profit is likely to be even higher after Bitcoin’s price went up higher over the weekend. Duncan MacInnes, the Investment Director of Ruffer Investment Company, said about this uptick in profits: “We’ve been surprised by how well it […]

Robinhood CEO Vlad Tenev will reportedly testify before the United States House Financial Services Committee over the firm’s role in the volatile trading of GameStop and other volatile stocks. According to a report by the American political publication Politico, Tenev is expected to participate in a virtual hearing headed by Representative Maxine Waters (D-Calif.) on Feb. 18. Politico’s report cited […]

For Robinhood, the stock brokerage platform on which many WallStreetBets users recently began buying GameStop (NYSE:GME) stock, the events of the past week have been nothing but trouble. If you have not been following along, here is what went down: a group of millions of retail traders based on the WallStreetBets (WSB) subreddit organized a massive short squeeze effort against […]

Digital asset market data firm Brave New Coin may soon be helping Nevada residents buy marijuana using crypto. According to Brave New Coin, blockchain firm Multichain Ventures will be using the company’s data and pricing infrastructure to fulfill regulatory requirements for cannabis businesses in the state of Nevada. Recreational and medical marijuana has been legal in Nevada since 2016, but […]

The publicly-traded and licensed crypto-asset broker Voyager Digital LTD, announced yesterday that their crypto trading app was downloaded a record 250,000 times for the 3-day period ending 31 Jan, 2021.   The Voyager app attained a high of #18 in the Apple Store rankings in the USA, and the company also claimed to have processed over 1 million trades in January alone, compared with the 200,000 […]

ACY Securities is on track to deliver its 3rd Trading Cup Grand Final as a one-of-a-kind virtual event, plugging in the qualifying traders from around the world remotely and hosting the event from ACY Tower in Sydney. With a minimum of $US150,000 in prize money, the competition is a six-month long live trading contest which consists of 6 stages and […]

Kabu, a Japanese online brokerage, has published its trading numbers for the month of January, showing a growth in demand for forex, but a month-on-month decline in stocks. Forex trading volume in January on Kabu’s over-the-counter (OTC) trading desk came in at ¥37.6 trillion from the previous month’s ¥36 trillion. That was an increase of 4.44 percent month-on-month. Compared with […]

Exness, a brokerage group operating in multiple markets, has announced the appointment of Damian Bunce, a well-known excerpt of electronic forex, as its new Chief Trading Officer. The press release shared with Finance Magnates detailed that Bunce will focus on managing the market making and liquidity provider business, which will help the group to enhance its core brokerage function. His experience in all […]