Latest Market News

May 06
Information Notice – 05/06/22

Notice Comments FINRA is advising member firms that the Options Clearing Corporation has issued the March 2022 Options Disclosure Document (ODD). The ODD contains general disclosures on the characteristics and risks of trading standardized options. The March 2022 ODD: (i) contains supplemental material to accommodate trading of certain index options and index flex options with a […]

May 06
Caution: BitzCex Investment or “BitzCex investetment”

The Financial and Consumer Services Commission (FCNB) has become aware that BitzCex Investment or “BitzCex investetment”, which claims to provide online cryptocurrency, forex and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. New Brunswickers are urged to exercise caution when investing […]

May 06
Caution: Beneffx

The Financial and Consumer Services Commission (FCNB) has become aware that Beneffx, which claims to provide online cryptocurrency, forex and other trading services, is accepting New Brunswick residents as clients. This entity is not registered in New Brunswick to provide such services. Beneffx appears to be operating from the Marshall Islands.  New Brunswickers are urged […]

May 06
Bitcoin’s rocky road to becoming a risk-off asset: Analysts investigate

Thursday was a bloodbath for traditional and cryptocurrency markets. On the worst day of trading since 2020, Bitcoin (BTC) dropped over 7%, while the Nasdaq slipped over 5%.  Many hoped for capitulation in the trade and crypto markets, and although the short-term outlook for Bitcoin looks weak, one analyst and some evidence would suggest that Bitcoin is still […]

May 06
Fed-funds futures traders cling to expectations of a 75 basis point rate hike in June

Fed-funds futures traders see an 83% likelihood that the Federal Reserve will raise its main policy rate target by 75 basis points in June, to between 1.5% and 1.75%, according to the CME FedWatch Tool. Though down from 94% a week ago, the expectations have remained relatively unshaken even after Fed Chairman Jerome Powell said […]

May 06
Controlling 17% of BTC hash rate: Report on publicly listed mining firms

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library. The latest paper looks at a particular group of players in the Bitcoin (BTC) mining industry. Published by crypto consulting firm Crypto Oxygen, the report highlights the current […]