Let’s take a look back at top stories that dominated the financial markets in our Weekly Round coverage. This week’s digest takes a deep dive into the most recent events and trends within the Forex, Fintech, and cryptocurrency.
FX market insights
ThinkMarkets integrates with TradingView
ThinkMarkets has partnered with TradingView to allow users to connect their broker account to the popular social trading platform utilized by 60 million traders across the globe. Read More
eToro adds a thousand more UK stocks to its offering
eToro has further expanded its product offering by adding more than 1,000 UK stocks to the platform in a partnership with London Stock Exchange. Read More
Carla Nemr leaves Tickmill after 8 years
Tickmill has parted ways with its long-serving executive Carla Nemr, who most recently held the position of Chief Business Development Officer. Read More
Revolut gets UK banking license with restrictions
Revolut has finally obtained a UK banking license more than three years after Britain’s most valuable fintech firm lodged its application with regulators in its home market. Read More
ASIC confirms Australia’s equity markets among the world’s cleanest
The Australian Securities and Investments Commission has released a new market cleanliness report, which indicates that Australia’s equity markets continue to operate with a high level of integrity. Read More
CMC Markets expects £320-360M in FY25 revenue as Revolut alliance pays off
CMC Markets PLC (LSE:CMCX) told its stakeholders in a trading update that the firm’s first-quarter performance for FY25 was in line with management’s expectations. Read More
Robinhood launches joint investing accounts to diversify product range
Robinhood has introduced joint investing accounts that allow customers to manage investments with their partners while consolidating their shared assets. Read More
Crypto market updates
UK FCA fines Coinbase subsidiary CBPL £3.5 million
CB Payments Limited (CBPL), a subsidiary of Coinbase in the United Kingdom, has been fined £3,503,546 by the Financial Conduct Authority (FCA). Read More
OKX to delist Cardano, Shiba Inu, and XRP
OKX to delist trading pairs for various crypto tokens, including Cardano (ADA), Shiba Inu (SHIB), and XRP, following a performance review indicating that these pairs are not meeting expectations. Read More
Bybit launches spot liquidity program and block trading
Bybit has launched a Spot Liquidity Pairing Program that connects quality Market Makers with projects seeking improved liquidity. Read More
Institutional crypto market nearly doubled in H1 2024
The institutional crypto market experienced significant growth in the first half of 2024, with total spot transaction volumes soaring by 95% year-over-year (YoY), according to a recent report by Finery Markets. Read More
HSBC blocks payments to cryptocurrency exchanges in Australia
The Australian arm of HSBC informed customers that it has begun blocking customer payments to cryptocurrency exchanges as of July 24 local time. Read More
Germany misses out huge profits after early Bitcoin sale
The German government has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, generating proceeds of about 2.6 billion euros (~$2.8 billion). However, it missed an additional $124 million in potential gains from its Bitcoin holdings due to an early sale. Read More
SEC officially approves Ether ETFs to start trading tomorrow
Spot Ether exchange-traded funds (ETFs) have received final approval to begin trading in the United States on July 23. Read More
Ferrari to accept crypto payments for luxury cars in Europe
Ferrari announced on Wednesday that it would extend its cryptocurrency payment scheme for luxury sports cars to its European dealer network starting at the end of this month. Read More
