1. Poland-based CFD and forex broker XTB has just released its Q4 earnings report as well as its 2020 review. In general, XTB last year had outstanding results. Specifically, in Q4 2020, XTB disclosed revenue of 37.5 million USD (140 million PLN), this figure in 2019 was 23.4 (89.57 million PLN) million USD (increases 55%) .To get more news about WikiFX, you can visit wikifx official website.
Updated Portal
2. FXCM Group has just announced the latest update to its free online trading portal - FXCM Plus. The update has many new functions to help users get more information about their market and their location. The main improvements made on Trading Analytics 4 include changes in: account statistics, daily profit percentage, updated analytics text.
Renamed Fanpage
3. LiteForex Vietnam fanpage has just changed its name to LiteFinance Vietnam on 02/02/2021. The purpose of this redemption is known to bring the best customer experience to customers in Vietnam and Southeast Asia, not only in the Forex field but also in finance in general.
Thailand
Regulatory Announcements
4. Thai Securities and Exchange Commission issued a number of announcements that would potentially have a regulatory impact on digital asset portfolios managers. Effective from February 24, crypto fund managers and investment advisers are required to apply for a licence to continue their businesses.

The regulator defines ‘digital asset investment advisers’ as those
who give advice pertaining to “cryptocurrency or digital token trading
to customers and receive remuneration for their services.” As such, the
new regulations govern portfolio managers and distributors of virtual
asset funds.
5. The UKs Financial Conduct Authority(FCA) said in a
brief statement Monday that local investors should use extreme caution
when dealing with unauthorized firms known to have been soliciting
customers in the UK jurisdiction.The regulator specifically pointed out
that one of the brokers highlighted in the latest flurry, Dalsari, is
offering FX and cryptocurrency-related services to British residents
without being authorised to do so.
6. Starting in 2021, the Futures Trading Regulatory Agency Commodity (Bappebti) of the Ministry of Trade blocked 68 domains of entity futures trading entities that do not have a license from Bappebti. This blocking is in collaboration with the Ministry of Communication and Information Technology and companies where domain name registrations are in Indonesia. In 2020, Bappebti has run out of 1911 domain sites. In 2021, Bappebti will increase supervision and supervision of activities in the trade sector that do not have licenses.
Gold is effectively a currency in the forex market. It is nearly always traded against the US dollar with the code XAU/USD. As a result, your strategy needs to track movements in the US dollar.To get more news about WikiFX, you can visit wikifx official website.
An increase in the price of the US dollar could push the value of gold down. So keep abreast of forex news websites for tips on upcoming trends and analysis.

Note gold trading hours on forex websites often run continuously
around the clock. Key trading times around the world may vary, but the
popular commodity is almost always available. Below weve detailed the
crucial opening times and trading hours of some of the main gold
exchanges. Note gold trading times may vary over weekends and holidays.
And while not listed above, online gold trading hours in Australia, New
Zealand, South Africa, Thailand, Canada, The Philippines, and Europe
run almost 24 hours a day.
The Purpose Bitcoin (BTC) exchange-traded fund debuted on the Toronto Stock Exchange on Feb. 18 and has quickly ramped up trading volumes of about $400 million worth of shares in two days. This is quite impressive, considering that the equity market in Canada is only a fraction of the size of the U.S. markets. This shows strong demand for Bitcoin and investor's preference to take the ETF route to establish fresh positions.To get more news about WikiFX, you can visit wikifx official website.
Last week, Bitcoin reached another important milestone when it hit the critical $1 trillion market capitalization on Feb. 19, making it the sixth asset on the list of top market cap companies in the world.

The involvement of institutional investors and a market cap of over
$1 trillion could allay the concerns of manipulation and liquidity
raised by the U.S. Securities and Exchange Commission in the previous
years as it rejected Bitcoin ETF applications.In a recent interview with
CNBC, Ark Invest CEO Cathie Wood said that “the probability of an ETF
has gone up.” Wood said the new SEC chairman Gary Gensler, who taught a
digital currency class at the Massachusetts Institute of Technology,
could be more open to crypto, increasing the likelihood of an approved
Bitcoin ETF.
Although Bitcoins fundamental factors continue to improve, the near term could experience some turbulence due to the steepening of the U.S. Treasury curve.
Lets analyze the charts of the top-5 cryptocurrencies that indicate the possibility of the resumption of the uptrend in the short term.
DELIVERED EVERY MONDAY
BTC/USD
Bitcoin broke above the resistance line of the
ascending channel on Feb. 19 and the bulls have managed to sustain the
breakout. This suggests that traders continue to buy at higher
levels.The BTC/USD pair had formed a Doji candlestick pattern on Feb.
20, indicating indecision among the bulls and the bears about the next
directional move. That uncertainty has resolved to the upside today and
the bulls will now try to propel the price to $60,974.43.
The 20-day exponential moving average ($47,450) is sloping up and the relative strength index (RSI) is in the overbought zone, which indicates that bulls have the upper hand.
Contrary to this assumption, if the price re-enters the channel, the bears will try to pull the price down to the 20-day EMA. A break below the channel will indicate a possible change in trend and the pair may then correct to the 50-day simple moving average.