Fintech giant Revolut is reportedly gearing up to launch its own stablecoin, according to sources familiar with the matter.

Although August was one of the worst months for Bitcoin (BTC) price this year, retail investor activity on leading centralized exchanges rebounded significantly. Reaching nearly $910 billion, August volumes hit their highest levels since May 2024. However, it’s worth noting that this is still over 50% less than the record-breaking March when

As seen on the S&P/ASX 200 chart (Australia 200 on FXOpen), today’s candle surpassed the 8200 level, marking a new all-time high. Positive sentiment was driven by: → The Federal Reserve’s decision to cut interest rates, which led to a surge in volatility and set historical records for gold prices (XAU/USD), the S&P 500 index […

BlackRock’s iShares Bitcoin Trust (IBIT) saw a slow month in September, with net inflows of just $6.76 million. This comes despite a nearly 5% increase in Bitcoin prices, a factor that usually boosts fund inflows. Source: https://www.cryptometer.io/news/blackrocks-bitcoin-trust-secures-260m-amid-record-etf-inflows/ IBIT’s performance varied […] The

The Federal Reserve surprised the market yesterday by cutting the dollar rate by 0.5%, with expectations that a similar reduction might occur by the end of the year. The dollar initially dropped sharply following the announcement but then partially recovered after comments from Jerome Powell. The Fed Chair stated that the current decision would not

In the first half of this year, Victor Gherbovet, who previously collaborated with the FX/CFD broker Admirals for over a decade, decided to launch his own software-as-a-service (SaaS) technology company, FirstByt. Now, as Finance Magnates exclusively learned, the company is introducing a white-label solution for firms looking to launch their own de

Donald Trump made a gesture to the crypto community on September 18, buying burgers for supporters and paying with Bitcoin (BTC).

As we have frequently noted, a rate cut by the Federal Reserve seemed inevitable. Market participants debated whether the reduction would be 0.5% or 0.25%, and those predicting a 0.5% cut were proven correct. According to Bloomberg, a narrow majority of 10 out of 19 committee members supported the 50-basis-point cut. Seven members favoured an [&hel

  Bittrex is a centralized crypto exchange founded in 2014 that formerly operated out of the U.S.  Despite being one of the oldest and most reputable digital currency exchanges, Bittrex filed for bankruptcy protection in the United States in light of tightening government restrictions on crypto assets. Bittrex’s US arm was shut down on April [&hell

A carry trade is a popular forex trading strategy that takes advantage of interest rate differentials between two currencies, aiming to earn returns from the interest gap. This article explores what a carry trade is, its formula, and how the strategy works, helping traders understand its potential advantages and risks. Carry Trade: Definition A car