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XTB Notes 69% Hike in Q4 Profits
3.2.2022
XTB, a Poland-based retail broker, recently released its Q4 report, noting a 69% surge in profits. The company also reported a 31.2% year-over-year jump in operating income, with other parameters showing immense growth. The growth ended up with the Polish broker amassing 183.6 million...
Study: US Financial Advisors Expect Proportion of Crypto Holding Clients to Increase by 60%
31.1.2022
According to the findings of a new survey, the number of financial advisors currently counseling crypto holding clients is expected to double from the current two out of ten or 20% to 44% by the end of 2022. Only Four Percent Expect the Number of Crypto Holding Clients to Decrease The number...
IG Group Sees 16% Net Trading Revenue Climb in H1 FY2022
28.1.2022
IG Group Holdings, the renowned financial services provider, recently released its financial report for 2022 H1. The report comprised data for six months ending on 30th November 2021, showing key metrics and statistics related to IG Group’s performance. The service provider noted a whopping 471.9...
Shiba Inu Surges 16% After Rumors of Robinhood Listing!
13.1.2022
The Canine-faced token Shiba Inu outperforms the large-cap meme coin and one of its rivals, Dogecoin. Shiba Inu is up more than 12%, while Dogecoin gains only 5%. The overall crypto market takes a bullish turn while most of the coins are up for almost 3% over the same time frame. After the US Labor...
Ruling Party Sources Deny Plan to Levy 40% Tax on Crypto Yields in Turkey
9.1.2022
The government in Turkey does not intend to impose a 40-percent levy on crypto-related gains as has been alleged, members of the ruling AKP party have indicated to the local press. They have also emphasized that the current regulatory efforts are aimed at creating a sustainable environment for...
ClaimSwap Achieve a Growth of 150% in Active Wallet Users
6.1.2022
A little over two weeks into its launch, ClaimSwap has received an impressive boost in terms of acquiring new users and investors on its platform. According to the latest statistics, the growth registered by the swopping platform is around 150% when compared to the previous week. This exponential...
Sales of Mutant Ape Yacht Club Rise by 500%
29.12.2021
NFT represents the deed of ownership. It relates mainly to the selling of digital artwork. A person buying a piece of NFT owns the digital artwork. The right of reproduction may be retained by the original artist. Mutant Ape Yacht Club, an Ethereum-based NFT project, has a collection of 20,000...
SHIB Rises to 8% as Whale Acquires 4 Trillion Shiba Inu Tokens
22.12.2021
As per the reports from CoinMarketCap, Shiba Inu has increased by 8% in 24 hours. According to WhaleStats, an Ethereum whale purchased four trillion Shiba Inu coins in just 24 hours. Although the price of the Shiba Inu coin has recovered in tandem with the broader rebound, whales appear to have...
Despite Increasing Adoption, 10,000 Whale Wallets Hold 27% of the Bitcoin Supply
21.12.2021
This year has been a turning point for adoption of Bitcoin. A few sportsmen and public officials now accept Bitcoin as payment, El Salvador has decided to make it legal currency, and 3 Bitcoin futures ETFs trade on Chicago Board Options Exchange. Nonetheless, the overwhelming bulk of volume...
Axi’s UK Branch Ends FY21 with £1.9m Net Profit & 46% Growth
10.12.2021
AxiCorp Ltd, Axi’s London-based subsidiary, recently released its funds report for the fiscal year 2021. The report covered the period till June 30th and showed a whopping 46% growth. As a result, the company generated over 1.9 million pounds for business in the UK. Moreover, the company’s turnover...
Interactive Brokers Reports 22% Rise of YoY in November DARTs
3.12.2021
Interactive Brokers LLC, a prominent trading electronic venue in the United States, has revealed its November trading figures, which saw a 22% increase in daily average revenue trades, or DARTs. In terms of DARTs, the broker recorded 2.793 million for the month, 21% more than the previous month....
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
Less Than 5 Percent Of Managers At Nintendo HQ Are Women
30.11.2021
Following internal comments by Nintendo of America President Doug Bowser earlier this month about allegations of sexual misconduct and discrimination at Activision Blizzard, Nintendo has updated its Corporate Governance document today with a new commitment to “increase the proportion of women...
Nigerian Remittances Rebound as Country Tops Sub Sahara Africa — Sending Costs Still High
21.11.2021
Nigeria is once again Sub Sahara Africa’s biggest recipient of remittances into the region where the money transfers went up by 6.2 percent to $45 billion, a new World Bank report has shown. The Impact of Nigerian Policies on Remittances According to the November 17, 2021 press release, this...
EmiSwap on Polygon: Save Transaction Fees While Earning 365% Per Year
19.11.2021
Introducing EmiSwap on Polygon EmiSwap, a cross-chain and audited AMM DEX with High APR, announced the integration of the platform with Polygon, the leading platform for Ethereum scaling and infrastructure development. One aspect of the integration is the release of a 365% APR airdrop campaign...
Crypto trading face-off: Shiba Inu (78 million percent in a year) vs Koinos (535% in a month)
13.11.2021
Crypto investors pick coins for many reasons. How does investing in a low market cap and real tech stack up against a massive community and questionable use-cases?
FTX Us Shows 500% Jump in Daily Trading Volume in Q3
12.11.2021
As the crypto market finds its rhythm, trading platforms like FTX are rejoicing with increased traffic. The crypto exchange’s US arm recently released its quarterly revenue report, showcasing a 500% jump in daily trading volume. The report released by FTX US also states that the platform held...
Shiba Inu Loses Charm; Down by 42% From Its All-Time High!
11.11.2021
Once considered the most significant rival to the dominance of meme-coins, it has lost its charm in less than a month. What others regarded as a groundbreaking opportunity has become a reason for their declining portfolio. Greed is a constant factor influencing the price action of cryptocurrencies....
Bitcoin (BTC) Records 6% Hike and Trades Above $66000
8.11.2021
Bitcoin, the world’s largest cryptocurrency, has broken the range. Now it is consolidating again above $65,000. It is now on the verge of crossing its all-time high of $66,000. The price chart is bullish while buying interest increases. All the followers of Bitcoin are extremely greedy to get...
BioWare Reveals 15 Percent Of Mass Effect Players Are Monsters, Don't Recruit Garrus
7.11.2021
Garrus is sexy, smart, and has saved my ass countless times. He might be BioWare’s best character ever. And apparently thousands of Mass Effect Legendary Edition players skipped him altogether. Read more