El Salvador’s Bitcoin hacked, prop firm faces lawsuit

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,…

Italy blocks domains of Vantage, Luno Invest and…

Consob, the Italian securities regulator, has dropped the hammer on yet another number of FX websites it says were illegally promoting trading products in the country. It has contacted Italy’s internet service providers (ISPs), requesting…

Celsius users consider legal challenge to reorganization plan

A group of creditors from the bankrupt crypto lender Celsius is looking into legal options to challenge the company’s reorganization plan, which they claim unfairly favors certain creditors. The plan offers diminished recoveries for customers…

e-CNY mastermind Yao Qian arrested in corruption probe

The mastermind behind China’s central bank digital currency (CBDC) project is reportedly under scrutiny for suspected “violations of discipline and law,” according to Shanghai Securities News. Yao Qian, who played a pivotal role in leading…

Global FX Market Summary: USD Strength, US PCE,…

US inflation data came in hotter than expected, pressuring the Federal Reserve to potentially raise interest rates and causing the US Dollar to rise against the Euro as the Eurozone faces economic uncertainties. Stronger than…

Prop firm Funded Engineer faces lawsuit from FPFX

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract. Tristian Talbot, from Thailand, and Harri Jean…

Prop firm Funded Engineer faces $50M lawsuit from…

Retail trading tech provider FPFX Technologies, LLC (FPFX Tech), has filed a lawsuit against the prop firm Funded Engineer and its associated operatives for alleged breaches of contract exceeding $50 million in damages. Talbot, a…

USDJPY Technical Analysis Report 26 April, 2024

USDJPY currency pair can be expected to rise further toward the next resistance level 160.00, target price for the completion of the active impulse sequence (C). – USDJPY broke resistance level 154.00– Likely to rise…