In our “Stock” section, we cover news and developments related to traditional financial markets and publicly traded companies. Here you will find information about stock market trends, major companies, and the intersection between stocks, fintech, and cryptocurrencies. Read the “Stock” section on ForkNews to stay informed about movements in the global financial markets.
It is unclear whether registration will be open to retail clients or whether this news only concerns corporate users and experienced traders.
The Italian government is waiting for comments on its proposed set of rules for regulating digital currency, the main task of which is to clarify the situation regarding its use in the country.
The Ripple token (XRP) was not particularly well received by cryptocurrency users. Despite this, a large number of reputable investors see serious prospects in it. According to globalcoinreport. com, one of the first investors of the Coinbase exchange, Greg Kidd, is going to invest substantial capital in UpHold, which is its direct competitor.
Huobi, until recently one of the largest cryptocurrency exchanges in China, plans to open a representative office in San Francisco. “We want to make the exchange international and will start with the States,” said director of strategic development Kai Kailong at a blockchain conference on January 26.
CoinCheck, a Tokyo-based cryptocurrency exchange, today announced its intention to pay compensation in the amount of $523 million that was illegally withdrawn from its holders' accounts. The amount will be returned in Japanese yen.
According to experts, the higher the cryptocurrency rate, the more it can decline. On the other hand, this could simply be a signal of the start of a cryptocurrency bull market. Market volume has grown 3,400% since the start of 2017, according to Monday's data. And it becomes unclear how long such growth can last. Let's talk about three main triggers that can stimulate a fall in the price of digital assets.
On January 25, 2018, Zebpay, one of the largest cryptocurrency exchanges in India, announced the addition of Litecoin to its trading platform. In a blog post on its website, the company stated that the cryptocurrency is one of several tokens that will also be added in the near future.
Robinhood Financial LLC, which develops a popular free stock trading app, can compete in the crypto trading market due to low commissions
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