Crypto Shorts, Robinhood Revenue, Plus500 H1, XRP Market Cap: Editor’s Pick

In a quieter week for news, let’s take a look at the news stories that dominated the worlds of forex, fintech and crypto in our best of the week segment.$160 Million Worth of Crypto Shorts Liquidated in the Last 24 HoursThe trading week kicked off with the news that the total market cap of crypto assets crossed the level of $2 trillion on Sunday after a strong rally in altcoins.Almost $160 million worth of short crypto trading positions were liquidated in the previous 24 hours. Approximately $55 million worth of short

Bitcoin Corrects to $10,000, Stocks Also in the Red

Hope you’ve had a fantastic week so far. If not, take comfort in the fact that it’s almost over now. For our readers in the United States, I’d like to wish you a very relaxing long weekend ahead. There’s a heck of a lot of money looking for a home, and the tendency is for it to gravitate toward whatever can provide it with the greatest return … for a reasonable risk. So the question is, if all this money has come out of the stock market, where will it

Robinhood faces U.S SEC probe over deals with high-speed trading firms

The California based financial services company, Robinhood Markets Inc faces a civil fraud investigation by the U.S Securities and Exchange Commission over its deals with high-speed trading firms, according to a report in the Wall Street Street Journal. Robinhood allegedly failed to fully disclose its practice of selling clients’ orders to high-speed trading firms, the report said. Upstart brokerage Robinhood faces a civil fraud probe by the SEC over a failure to fully disclose its practice of selling clients’ orders to high-speed trading firms— The Wall Street Journal (@WSJ) September