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The 4 Biggest Crypto Trends to Watch As We Move Beyond Bitcoin

Source: Shutterstock
Many of the most enthusiastic crypto bulls see big things ahead for Ethereum. Currently the biggest digital coin after Bitcoin, Ether’s price currently stands at $2,580.96. Some analysts forecast the price could rise as high as $5,000 within the next year. And some see the digital coin’s price reaching $20,000 by 2025. Some people go so far as to say that Ethereum will eventually supplant Bitcoin as the world’s most valuable and important cryptocurrency.
The enthusiasm for Ether is based on the fact that the digital coin’s algorithm is the main one used in both decentralized finance (DeFi). In other words, it’s a blockchain-based form of finance that does not rely on brokerages, exchanges or banks to offer traditional financial instruments, and non-fungible tokens, the digital art that has skyrocketed in popularity this year. Ethereum’s rally year to date has outpaced Bitcoin’s, with Ether rising more than 1,000% compared to Bitcoin’s 3 ....

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Estonian Regulator Slapped €32,000 Fine on Admiral Markets AS

Estonian Regulator Slapped €32,000 Fine on Admiral Markets AS
Estonian Regulator Slapped €32,000 Fine on Admiral Markets AS
The regulator found a lack of clarity on the broker s changing terms.
Arnab Shome
2021-02-09T11:23:09+00:00
2021-02-10T10:22:30+00:00
Photo: Finance Magnates
The Estonian Financial Supervision and Resolution Authority, locally known as Finantsinspektsioon, has fined Admiral Markets AS, the locally registered entity of the Admiral Markets Group, the sum of €32,000.
Announced on Tuesday, the monetary penalty is due to the broker’s way of handling the negative oil price crisis that shocked the derivatives market last year.
In April 2020, the price of West Texas Intermediate (WTI), the benchmark for US oil, went into the negative territory. None of the trading platforms were prepared for such havoc. ....

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