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Another week has passed on the crypto markets and Foreign exchange. The Bitcoin.com launched its crypto currency exchange and Deutsche bank continued with its job cuts. To stay up to mark with all the Latest developments in this space, here is some of the most attracting news in our best of the week segment. After Showing a general upward trend, the number of deposits made by retail FX traders in the United States has slow behind during the month of July. The CFTC’s monthly information discovered that the FX funds held at Brokerages operating in the country came in at $537.9 million. The Figure is $110 million or -17 percent lower than the $ 646.6 million reported in June. The biggest loss on a percentage basis was interactive brokers, which lost nearly $70 million in retail Forex deposits.
The Bit coin launched its crypto currency exchange with a unique feature Crypto currency exchange with a unique feature a negative trading fee. The negative trading fee is 0.3 percent, connotation traders will earn money for the execution of each trade on the platform. This will be until a trader reaches a snowballing trade worth $1 million. The Preregistered members will receive 25 percent of future transaction fees. The former executive of the now defunct binary options industry in Israel. The executives are out and out afraid of going to the United States. After Jailed Melissa Turdiev by American Authorities for a year the news comes less than a week. . The Turdiev, a previous reality TV star, was arrested in September 2018 as she tried to board a flight from Los Angeles to Tel Aviv.
FX slows downward in US, Deutsche continues Job cuts: Editor’s Single out The Job cuts continue at Deutsche Bank at this week, the head of Credit trading for eastern Europe and Central allegedly left the German Leader. The Raveendran helped scamper the desk for over four years. During which he was a intensifying star after he led Fixed income traders to spawn $35 million profit in two weeks during the economic commotion in Turkey. The Bit coin SV network has been full of controversy. A mix up war, a series of legal battles, a number of deli stings, court case over a deceased developer’s estate, have all taken place. The network is bigger than its creator. The Frankfurt based subsidiary of the retail trading group, has file for insolvency this week.