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US Senate Banking Committee Sets May 14 Markup for CLARITY Act After Stablecoin Interest Compromise
bitcoinworld39d ago

US Senate Banking Committee Sets May 14 Markup for CLARITY Act After Stablecoin Interest Compromise

BitcoinWorld US Senate Banking Committee Sets May 14 Markup for CLARITY Act After Stablecoin Interest Compromise The U.S. Senate Banking Committee has scheduled a markup session for the CLARITY Act, a key piece of stablecoin legislation, for 2:30 p.m. UTC on May 14. The move follows a compromise brokered by Senators Thom Tillis (R-NC) and Angela Alsobrooks (D-MD) that resolves a longstanding dispute between the crypto and banking sectors over interest [...] This post US Senate Banking Committee Sets May 14 Markup for CLARITY Act After Stablecoin Interest Compromise first appeared on BitcoinWorld .

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BTC Targets $85K as Three Signals Fire and Pepeto Presale Hits $9M
techbullion39d ago

BTC Targets $85K as Three Signals Fire and Pepeto Presale Hits $9M

Three on-chain signals just aligned for BTC, and CoinDesk analysts say $85,000 is the next stop. If you’re following BTC Targets, this could be a turning point. Funding rates flipped neutral after 67 straight days of negative readings, short gamma is building at $82,000, and Bitcoin now trades above both its True Market Mean and [...] The post BTC Targets $85K as Three Signals Fire and Pepeto Presale Hits $9M appeared first on TechBullion .

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EUR/USD Under Pressure: Oil Shock, Real Rates, and Conflict Risks – Commerzbank
bitcoinworld39d ago

EUR/USD Under Pressure: Oil Shock, Real Rates, and Conflict Risks – Commerzbank

BitcoinWorld EUR/USD Under Pressure: Oil Shock, Real Rates, and Conflict Risks – Commerzbank Commerzbank strategists have published a fresh assessment of the euro-dollar exchange rate, identifying three key headwinds that could keep the pair under pressure in the coming weeks: a sharp oil price shock, diverging real interest rates, and escalating geopolitical conflict risks. The analysis arrives as the euro hovers near recent lows against the dollar, with [...] This post EUR/USD Under Pressure: Oil Shock, Real Rates, and Conflict Risks – Commerzbank first appeared on BitcoinWorld .

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GBP/JPY Rises Above 213.00 Despite UK Local Election Results Showing Labour Losses
bitcoinworld39d ago

GBP/JPY Rises Above 213.00 Despite UK Local Election Results Showing Labour Losses

BitcoinWorld GBP/JPY Rises Above 213.00 Despite UK Local Election Results Showing Labour Losses The British pound held firm against the Japanese yen on Friday, with the GBP/JPY cross rising above the 213.00 mark, even as early results from UK local elections pointed to significant losses for the opposition Labour Party. The currency pair’s movement suggests that traders are weighing political developments against broader macroeconomic factors, including interest rate [...] This post GBP/JPY Rises Above 213.00 Despite UK Local Election Results Showing Labour Losses first appeared on BitcoinWorld .

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7 Best Crypto Presales as Coinbase Trading Volumes Drop and Buyers Hunt Earlier Entries
crypto_reporter39d ago

7 Best Crypto Presales as Coinbase Trading Volumes Drop and Buyers Hunt Earlier Entries

Coinbase trading volumes just confirmed what every retail trader has felt for the past quarter. The spot tape has gone quiet. Coinbase trading volumes drop of 35% for spot, a $394 million net loss, and a 31% year-over-year revenue decline tell the same story playing out across the wider market. Total crypto market cap and [...] The post 7 Best Crypto Presales as Coinbase Trading Volumes Drop and Buyers Hunt Earlier Entries appeared first on Crypto Reporter .

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EUR/HUF Downtrend Deepens: Societe Generale Flags 352/350 Targets
bitcoinworld39d ago

EUR/HUF Downtrend Deepens: Societe Generale Flags 352/350 Targets

BitcoinWorld EUR/HUF Downtrend Deepens: Societe Generale Flags 352/350 Targets The Hungarian forint continues to strengthen against the euro, with analysts at Societe Generale projecting further downside for the EUR/HUF pair. In their latest technical analysis, the French investment bank has set new target levels at 352 and 350, extending the current downtrend that has characterized the pair in recent weeks. Technical Breakdown and Key [...] This post EUR/HUF Downtrend Deepens: Societe Generale Flags 352/350 Targets first appeared on BitcoinWorld .

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Weekly Report: Smarter Copy Trading Challenges Prop Firm Controls; CFD Volumes Soar 96%
financemagnates39d ago

Weekly Report: Smarter Copy Trading Challenges Prop Firm Controls; CFD Volumes Soar 96%

Finfluencer reach doesn’t mean trust Finfluencer marketing has become a standard play in the trading industry, but its effectiveness is increasingly under scrutiny. Many trading influencers build large followings using trading-related content , yet their primary revenue often comes from selling courses, memberships, or monetizing attention, frequently with low conversion and retention rates. Singapore Summit: Meet the largest APAC brokers you know (and those you still don't!) While brokers continue to pay premium rates to access these audiences, questions remain about the real value delivered, especially as client retention declines. From inside the industry, a clearer picture emerges. Most creators on platforms like Instagram, TikTok, and YouTube operate as content businesses rather than active traders, using trading visuals such as charts and profit screenshots to drive engagement. Kudotrade secures UAE CMA approval Meanwhile, the industry is expanding fast. Kudotrade received initial approval from the UAE’s Capital Market Authority (CMA) and opened a new office in Dubai. The broker, which is currently licensed in Mauritius, also confirmed it has acquired the Kudo.com domain and plans to use it as its main brand going forward. The CMA, recently rebranded from the Securities and Commodities Authority, has become a key regulatory target for retail brokers. Competition for licenses has intensified in 2026, with firms increasingly moving into the UAE market. oneZero to Launch Dubai Office Technology provider oneZero is also expanding. Lochlan White joined oneZero Financial Systems as Director of Sales and Relationship Management (EMEA) and will lead the launch of the company’s first Middle East office in Dubai. The broker, which provides execution and liquidity hub technology to retail brokers and institutional clients, is expanding into Dubai as the city continues to attract CFD brokers. Many firms have already established local operations and secured licenses, making the UAE a key hub for the industry. CFI opens Bogotá office, names Colombia Head At the same time, CFI Financial Group officially launched its Colombian operations , opening a Bogotá office and appointing Simon Knudson as country manager nearly nine months after receiving approval from Colombia’s Financial Superintendence. The move converts last August’s regulatory clearance into a live, on-the-ground presence in one of Latin America’s increasingly competitive brokerage markets. CFI enters a space that has rapidly attracted international players. The SFC approved Plus500’s first Latin American office on August 19, 2025, followed by CFI on August 28. Within the same week, Australia’s ACY Securities and Libertex Group’s offshore brand LBX also secured approvals, highlighting a coordinated wave of broker expansion into Colombia. Retail FX/CFD volume outpaces accounts Retail FX and CFD trading growth is not only being driven by more accounts but also by higher activity per trader. FM Intelligence data shows active accounts surpassed 7.4 million for the first time in Q1 2026, while the average trading volume per account also climbed, pushing the combined per-account metric for tracked brokers to a record high. Average monthly trading volume per 1,000 active accounts rose to $4.30 billion in Q1 2026, up 27% from $3.38 billion a year earlier. This builds on a longer trend: the same metric increased from $3.0 billion in Q4 2021 to $4.2 billion in Q4 2025, a 38% rise over four years, with the latest quarterly figure continuing to outpace that growth trajectory. Two CFD IPOs, one big divergence XTB marked ten years since its listing on the Warsaw Stock Exchange (WSE: XTB), with shares trading at around 102 zlotys—an increase of roughly 800% from the 11.50 zloty IPO price set on May 6, 2016. The stock recently hit a record high of 114 zlotys on April 16, giving the company a market capitalization of approximately 12.1 billion zlotys ($3.2 billion). The company’s debut was the largest IPO on the Warsaw exchange in 2016, raising 189 million zlotys at a valuation of 1.35 billion zlotys. Founder Jakub Zablocki sold 16.4 million shares at 11.50 zlotys, near the lower end of the 11.50–13 zloty price range, with the stock closing its first trading day slightly higher at 12.05 zlotys. CMC Markets, which also went public in 2016 at 240 pence, saw its stock fall by about half within months after the UK’s Financial Conduct Authority introduced restrictions on retail CFD providers. Since then, CMC has recorded the weakest performance among its peers, with gains of just over 50% from its IPO level. Plus500: 2026 performance beats forecasts Among the publicly -listed brokers, Plus500 (LSE: PLUS) used its annual general meeting in London this week to confirm the upgraded full-year 2026 guidance it gave two weeks ago. The broker told shareholders that its first-quarter performance was ahead of market expectations and that the board is still confident about the rest of 2026. This mirrors the Q1 trading update from April 20, when Plus500 first said it expects revenue and EBITDA to come in above analyst consensus. The Israeli firm added that it entered 2026 with solid momentum in both its OTC and non-OTC operations, highlighting growth in its B2B futures offering and its newer prediction markets ecosystem. The numbers behind this message were already disclosed in the Q1 update. Revenue rose 18% year-on-year to 242.1 million dollars in the first quarter, which was also 24% higher than in the fourth quarter of 2025. EBITDA came in at 95.7 million dollars, representing a 40% margin. UK’s new investment campaign misses the mark Elsewhere, the UK government’s new ‘Invest for the Future’campaign , launched late last month, is intended to be the first coordinated, industry-wide effort to change how investing is understood, discussed and adopted among first-time investors. The initiative is backed by HM Treasury, the Financial Conduct Authority and the Money and Pensions Service, but it is funded by financial services firms including Aviva, Fidelity International, Jupiter, L&G, Quilter, Schroders, St James's Place, Barclays, NatWest, Hargreaves Lansdown and Vanguard. Criticism has focused on the absence of lower-cost platforms aimed at smaller or beginner investors. One concern raised is that firms backing the campaign have little incentive to promote platforms better suited to absolute beginners, and that providers such as AJ Bell and Trading 212 are not involved, reportedly because they viewed the cost of taking part as too high. SaaS is the escape from the zero-commission trap For decades, brokerage was straightforward: companies earned money mainly from clients executing trades, and the more deals clients made, the more revenue brokers generated. That model worked when investors were satisfied with basic market access and simple execution. Today, clients expect much more, including analytics, AI-powered insights, leverage, and a wide range of complex products. If a broker cannot provide these, users can quickly switch to a rival. This has made it harder to rely on transaction-based revenue alone, so many brokers are exploring new ways to make money and are increasingly adopting a SaaS model. AI’s power is hyped, its impact on financial decisions isn’t Meanwhile, discussions about AI in finance tend to follow a script : people talk about faster trade execution, smarter signals, hyper-personalisation, and frictionless user journeys. None of this is inaccurate, but it skips over the most important part of the story. The real questions about any new technology in financial services are not just about what it can do in theory, but what happens when real people start using it. Those people have very different levels of experience and are making decisions in situations where the outcome is uncertain. That is the conversation we should be having about AI in finance, and we are not quite having it yet. How copy trading is hurting prop firms In proprietary trading, some of the most important risks are not immediately obvious. Copy trading has become one of these risks , moving from a niche practice to a widespread and increasingly sophisticated behavior that challenges how firms measure performance and manage risk. Detection systems were once built on a simple idea: copy trading would be easy to spot because it would show identical entries, synchronized execution, and uniform position sizing, all of which could be flagged by rule-based monitoring. Flutter is profiting from prediction markets as a market maker Lastly, Flutter Entertainment confirmed it is already earning revenue from prediction markets by acting as a market maker rather than operating its own retail-facing platform. This approach distinguishes it from consumer exchanges that compete directly for end users. During a recent earnings call, CEO Peter Jackson responded to questions about whether platforms such as Kalshi and Polymarket are taking share from the roughly 14 billion dollar U.S. sports betting market. Jackson said he sees the expansion of event-based trading as an opportunity for companies that already have risk-pricing infrastructure in place. He noted that market making in these products is expected to be a meaningful contributor to Flutter’s revenues and stated that the company is already making money from this activity after an initial trial period. This article was written by Jared Kirui at www.financemagnates.com.

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