Bitcoin falls below $80,000, continuing decline as liquidity worries mount

The volatility in proprietary trading has claimed another victim. Funds For Traders has written to its users that it will be ceasing operations. The company blamed the suspension of services on Eightcap’s decision to stop supporting MetaTrader 4 and MetaTrader 5 platforms for prop trading. Suspension of MT4 and MT5 Platforms “We regret to inform…

Hong Kong Exchanges and Clearing Limited (HKEX) said Monday that its clearing subsidiary, OTC Clear, will now accept China Government Bonds (CGB) and Policy Bank Bonds as collateral for all over-the-counter (OTC) derivative transactions.  The announcement follows approval from the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority (HKMA), and the People’s Bank…

Hello everyone! In today’s article, we’ll examine the recent performance of SPDR Metals & Mining ETF ($XME) through the lens of Elliott Wave Theory. We’ll review how the decline from the November 07, 2024, high unfolded as a big 3-swing correction and discuss our forecast for the next move. Let’s dive into the structure and expectations for this ETF….

Investing,com – The US dollar has stabilized after a sharp fall in August, but Bank of America Securities sees more troubles ahead for the US currency. At 07:20 ET (11:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.2% lower to 101.077, having largely held its course…