FXCubic, a London-based financial technology provider, announced today that it has partnered with Broctagon Prime, the liquidity arm of Broctagon Fintech Group, to add Broctagon Prime to its pool of liquidity providers. According to the official press release shared with Finance Magnates, the newly announced multi-level partnership will be beneficial for the offerings of FXCubic and Broctagon. FXCubic will provide […]

Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges. Onchain data shows exchanges are being drained like a sieve and during the last 30 days, 87,954 bitcoin was withdrawn from the top crypto trading platforms. Back in December 2019, it was reported that the San Francisco-based exchange Coinbase held close to 1 million […]

Bitcoin Press Release: Megaupload creator Kim Dotcom announced this month to use Bitcoin Cash for his newest innovation, K.IM, a suite of tools to enable anyone around the world to manage, protect and sell digital content at ultra-low fees and without intermediaries.  30th December 2020, Auckland, New Zealand: Dotcom, who’s website Megaupload was once the 13th most popular site on […]

Institutional spot foreign exchange training venue, Cboe FX Markets, has published its volumes for December, showing a monthly slump in the demand at the end of 2020 but a positive yearly uptick. This is a trend in the forex market, given the year-end holidays. A quick analysis of the daily volumes of Cboe’s spot FX volumes for December 2020 shows […]

Bitcoin is entering 2021 in the best place its ever been. With strong movements past $30,000, the whole world is waiting to see how high Bitcoin will go. But while BTC hodlers’ pockets are busting with cash, the United States’ tax arm, also known as the Internal Revenue Service (IRS), is gearing up for a crackdown on unchecked earnings. Indeed, […]

Bitcoin price surged above $32,000 and traded to a new all-time high near $34,780 against the US Dollar. BTC is currently correcting lower and it might even test $31,500. Bitcoin is showing a lot of positive signs above the $30,000 and $31,500 levels. The price is correcting gains, but it remains well supported above $31,500 and the 100 hourly simple […]

Galaxy Digital founder and CEO Mike Novogratz believes institutional investors are helping drive the current Bitcoin bull run. In an interview with BBC World News today, Novogratz said governments around world printing money and “debasing fiat money” was fueling the ongoing Bitcoin (BTC) bull run, but institutional players getting into crypto may be the bigger story. The Galaxy Digital CEO […]

Since Satoshi Nakamoto mined the first Bitcon block on Jan. 3, 2009, the crypto asset has led to substantial gains for investors given its meteoric risein the last week alone. The price of Bitcoin (BTC) reached parity with the U.S. dollar almost ten years ago today, a milestone lauded by many as another step towards adoption. With Bitcoin currently fluctuating between […]

A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins to focus on pursuing “civil and, potentially, criminal penalties.” In an article co-authored by Don Fort today, the […]