Bitcoin needs to recapture $12k before any further upward motion is possible.
FM
After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k.
And indeed, things are looking upward: a week ago, the price of Bitcoin sat around $10,320; earlier in the week, BTC broke through the critical $11,000 mark for the first time in four weeks. At press time, the price reached $10,950, and appeared to be moving further upward.
The upward movement seems to have quelled concerns that Bitcoin would lose its position above the $10,000 mark in the longer term. In fact, the dip that occurred last week seems to be healthy for Bitcoin’s price – a healthy pullback after a period of overbuying.
Additionally, the upward movement seems to have abated fears that Bitcoin would retrace below $9,700 to fill a ‘CME gap’ that was formed earlier this month
A ‘CME gap’ refers to a phenomenon in which Bitcoin markets make a sharp, sudden move outside of regular trading hours for CME’s Bitcoin futures markets, which results in a literal ‘gap’ in Bitcoin price charts. Often when this happens, the Bitcoin price will eventually fall back to the level where the gap was originally formed. This retrace in the price of Bitcoin ‘fills’ the gap.
However, it seems that Bitcoin may have managed to avoid retracing to fill the gap this time around. What’s next for Bitcoin?
“Any Subsequent Rally Will Need to Take the Coin over $12,000 for It to See a New High for the Year.”
While it is too soon to say if the upward tilt in the price of Bitcoin is a minor, short-term recovery or the beginning of a larger longer bull run, there are some analysts who seem to think that Bitcoin may be poised to make big movements.
For example, Bloomberg reported earlier this week that according to the GTI Global Strength Indicator, Bitcoin was showing its first buy signal since the 200 percent rise that followed March’s dip below $5,000.
Still, there are some hurdles ahead: “other gauges suggest any subsequent rally will need to take the coin over $12,000 for it to see a new high for the year,” Bloomberg’s report said.
$12,000 does not seem to be too unattainable, after all, Bitcoin did reach over $12,000 at several points throughout the month of August. However, it is unclear whether Bitcoin has enough short-term demand to push back over $12k.
The Ongoing COVID-19 Economic Crisis Is Affecting Bitcoin, but Experts Are Divided on How
Opinions among analysts seem to be divided.
For example, Steve Ehrlich, co-founder and chief executive of Voyager Digital, told Bloomberg that “the price of Bitcoin is reflective of the belief that Bitcoin is a hedge against the overall global economy,” and that therefore, Bitcoin’s upward journey will continue as uncertainty looms in the international economy.
“Bitcoin is extremely resilient and as it gains more and more adoption, in conjunction with better regulations suited to support Bitcoin, it continues to demonstrate its position as a reliable store of value,” he said.
On the other hand, some analysts believe that the dark shadow that is looming over the global economy is not a good thing for Bitcoin.
For example, Joel Birch, co-founder of automated crypto investing platform Stacked, told CoinTelegraph that "I don't necessarily think that 2020 is going to be the year of some type of major retail bull run, largely due to the fact that the global economy still lingers over this industry, just like other financial markets,” he said.
Still, he maintains a fairly positive perspective in terms of upward price expectations for the rest of the year, specifically noting that the crypto market could see Bitcoin continuing to hold reasonable upward pressure in its push toward $15,000.
Traders Have Mixed Feelings about the Future of Bitcoin
At the same time, a number of other technical indicators tell a rather mixed tale for Bitcoin throughout the end of this year.
1) As $BTC has crossed above $11,000 for the first time since September 3rd, the sentiment of #Bitcoin on #Twitter is surprisingly at an all-time low, according to our weighted calculation that takes into account the overall volume of $BTC mentions vs. pic.twitter.com/aFW60bjWwu
Additionally, Bitcoin’s ‘fear and greed index’, which “analyzes emotions and sentiments from different sources and crunch them into one simple number,” is almost completely neutral at the moment.
This means that sentiment around BTC could go either way: when fear is higher, sell pressure on Bitcoin tends to make the price drop; and when greed is higher, buy pressure increases the price.
For example, the index was in the 'extreme greed' zone at around 80 through the month of August as Bitcoin sat around $11,000. When 'extreme fear' gripped global markets in March and April, Bitcoin’s price was relatively very low.
Therefore, the current neutrality in the fear and greed index indicates that things could go either way.
"Overall, the Data Suggests That Buying Pressure for Bitcoin Is Increasing.”
On the other hand, CoinDesk recently reported on findings from Chainalysis that the number of 'young investment' wallets, one to three months old and infrequently send bitcoin transactions, on the Bitcoin network has jumped to its highest level since February of 2018.
Indeed, the number of young wallets has hit at least 2,254,667 this month, double the 1,162,632 young wallets that were present on the scene six months ago.
Chainalysis, via CoinDesk
Chainalysis economist, Philip Gradwell told CoinDesk that the large amount of new young wallets seems to indicate growing momentum for Bitcoin: "it looks like new people are entering the market, buying bitcoin and putting it in wallets for long-term investment," he said.
"Overall, the data suggests that buying pressure for bitcoin is increasing, and the supply available to buy is reducing as new purchases likely get locked up for the long term.”
A similar surge in the number of young wallets occurred in the latter half of 2017, when the number of young wallets grew from 791,289 to 2,000,000. Over the same period of time, the price of Bitcoin rallied from $2,000 to $20,000.
DeFi Continues Its Cooldown
However, Beyond Bitcoin, crypto markets seem to be headed for a bit of a cool down.
For example, the red-hot DeFi space, which reported gains week after week for much of the summer, seems to be heading into a period of prolonged correction.
Of roughly 40 DeFi assets listed on crypto market data firm Messari, only five showed gains over the past 30 days at press time: Cream, Uniswap, Hegic, Loopring, and Balancer. The rest of the assets were all in the red.
At the time of the incident, Corey Caplan, partner of the DeFi Money Market Foundation, pointed out to Finance Magnates that, though much less frequent, incidents of fraud in the DeFi space could be having a large impact.
“In any nascent sphere, a single entity’s failure or success can have an outsized effect on the entire space,” he said. “This is what happened with the SushiSwap snafu, but I don’t believe this incident should be viewed as an encapsulation of the entire DeFi ecosystem.”
After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k.
And indeed, things are looking upward: a week ago, the price of Bitcoin sat around $10,320; earlier in the week, BTC broke through the critical $11,000 mark for the first time in four weeks. At press time, the price reached $10,950, and appeared to be moving further upward.
The upward movement seems to have quelled concerns that Bitcoin would lose its position above the $10,000 mark in the longer term. In fact, the dip that occurred last week seems to be healthy for Bitcoin’s price – a healthy pullback after a period of overbuying.
Additionally, the upward movement seems to have abated fears that Bitcoin would retrace below $9,700 to fill a ‘CME gap’ that was formed earlier this month
A ‘CME gap’ refers to a phenomenon in which Bitcoin markets make a sharp, sudden move outside of regular trading hours for CME’s Bitcoin futures markets, which results in a literal ‘gap’ in Bitcoin price charts. Often when this happens, the Bitcoin price will eventually fall back to the level where the gap was originally formed. This retrace in the price of Bitcoin ‘fills’ the gap.
However, it seems that Bitcoin may have managed to avoid retracing to fill the gap this time around. What’s next for Bitcoin?
“Any Subsequent Rally Will Need to Take the Coin over $12,000 for It to See a New High for the Year.”
While it is too soon to say if the upward tilt in the price of Bitcoin is a minor, short-term recovery or the beginning of a larger longer bull run, there are some analysts who seem to think that Bitcoin may be poised to make big movements.
For example, Bloomberg reported earlier this week that according to the GTI Global Strength Indicator, Bitcoin was showing its first buy signal since the 200 percent rise that followed March’s dip below $5,000.
Still, there are some hurdles ahead: “other gauges suggest any subsequent rally will need to take the coin over $12,000 for it to see a new high for the year,” Bloomberg’s report said.
$12,000 does not seem to be too unattainable, after all, Bitcoin did reach over $12,000 at several points throughout the month of August. However, it is unclear whether Bitcoin has enough short-term demand to push back over $12k.
The Ongoing COVID-19 Economic Crisis Is Affecting Bitcoin, but Experts Are Divided on How
Opinions among analysts seem to be divided.
For example, Steve Ehrlich, co-founder and chief executive of Voyager Digital, told Bloomberg that “the price of Bitcoin is reflective of the belief that Bitcoin is a hedge against the overall global economy,” and that therefore, Bitcoin’s upward journey will continue as uncertainty looms in the international economy.
“Bitcoin is extremely resilient and as it gains more and more adoption, in conjunction with better regulations suited to support Bitcoin, it continues to demonstrate its position as a reliable store of value,” he said.
On the other hand, some analysts believe that the dark shadow that is looming over the global economy is not a good thing for Bitcoin.
For example, Joel Birch, co-founder of automated crypto investing platform Stacked, told CoinTelegraph that "I don't necessarily think that 2020 is going to be the year of some type of major retail bull run, largely due to the fact that the global economy still lingers over this industry, just like other financial markets,” he said.
Still, he maintains a fairly positive perspective in terms of upward price expectations for the rest of the year, specifically noting that the crypto market could see Bitcoin continuing to hold reasonable upward pressure in its push toward $15,000.
Traders Have Mixed Feelings about the Future of Bitcoin
At the same time, a number of other technical indicators tell a rather mixed tale for Bitcoin throughout the end of this year.
1) As $BTC has crossed above $11,000 for the first time since September 3rd, the sentiment of #Bitcoin on #Twitter is surprisingly at an all-time low, according to our weighted calculation that takes into account the overall volume of $BTC mentions vs. pic.twitter.com/aFW60bjWwu
Additionally, Bitcoin’s ‘fear and greed index’, which “analyzes emotions and sentiments from different sources and crunch them into one simple number,” is almost completely neutral at the moment.
This means that sentiment around BTC could go either way: when fear is higher, sell pressure on Bitcoin tends to make the price drop; and when greed is higher, buy pressure increases the price.
For example, the index was in the 'extreme greed' zone at around 80 through the month of August as Bitcoin sat around $11,000. When 'extreme fear' gripped global markets in March and April, Bitcoin’s price was relatively very low.
Therefore, the current neutrality in the fear and greed index indicates that things could go either way.
"Overall, the Data Suggests That Buying Pressure for Bitcoin Is Increasing.”
On the other hand, CoinDesk recently reported on findings from Chainalysis that the number of 'young investment' wallets, one to three months old and infrequently send bitcoin transactions, on the Bitcoin network has jumped to its highest level since February of 2018.
Indeed, the number of young wallets has hit at least 2,254,667 this month, double the 1,162,632 young wallets that were present on the scene six months ago.
Chainalysis, via CoinDesk
Chainalysis economist, Philip Gradwell told CoinDesk that the large amount of new young wallets seems to indicate growing momentum for Bitcoin: "it looks like new people are entering the market, buying bitcoin and putting it in wallets for long-term investment," he said.
"Overall, the data suggests that buying pressure for bitcoin is increasing, and the supply available to buy is reducing as new purchases likely get locked up for the long term.”
A similar surge in the number of young wallets occurred in the latter half of 2017, when the number of young wallets grew from 791,289 to 2,000,000. Over the same period of time, the price of Bitcoin rallied from $2,000 to $20,000.
DeFi Continues Its Cooldown
However, Beyond Bitcoin, crypto markets seem to be headed for a bit of a cool down.
For example, the red-hot DeFi space, which reported gains week after week for much of the summer, seems to be heading into a period of prolonged correction.
Of roughly 40 DeFi assets listed on crypto market data firm Messari, only five showed gains over the past 30 days at press time: Cream, Uniswap, Hegic, Loopring, and Balancer. The rest of the assets were all in the red.
At the time of the incident, Corey Caplan, partner of the DeFi Money Market Foundation, pointed out to Finance Magnates that, though much less frequent, incidents of fraud in the DeFi space could be having a large impact.
“In any nascent sphere, a single entity’s failure or success can have an outsized effect on the entire space,” he said. “This is what happened with the SushiSwap snafu, but I don’t believe this incident should be viewed as an encapsulation of the entire DeFi ecosystem.”
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
Retail Traders Get Tokenized US IPO Allocations at Offer Price as Payward Expands xStocks
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As Singapore's capital-intensive requirements leave only a few retail brokers active in the city-state, there are many opportunities to be made in and around.
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Attendees will walk away with:
Survey of capital thresholds and other requirements across regions in APAC
Nuanced understanding of Singapore's role in the retail trading space
Glimpse into parallel developments in digital assets and RWA
As Singapore's capital-intensive requirements leave only a few retail brokers active in the city-state, there are many opportunities to be made in and around.
This session gathers regulators, advisors, and operators who have set up across multiple APAC jurisdictions to break down figures, what's working, what's breaking, and what's next.
Attendees will walk away with:
Survey of capital thresholds and other requirements across regions in APAC
Nuanced understanding of Singapore's role in the retail trading space
Glimpse into parallel developments in digital assets and RWA
As Singapore's capital-intensive requirements leave only a few retail brokers active in the city-state, there are many opportunities to be made in and around.
This session gathers regulators, advisors, and operators who have set up across multiple APAC jurisdictions to break down figures, what's working, what's breaking, and what's next.
Attendees will walk away with:
Survey of capital thresholds and other requirements across regions in APAC
Nuanced understanding of Singapore's role in the retail trading space
Glimpse into parallel developments in digital assets and RWA
As Singapore's capital-intensive requirements leave only a few retail brokers active in the city-state, there are many opportunities to be made in and around.
This session gathers regulators, advisors, and operators who have set up across multiple APAC jurisdictions to break down figures, what's working, what's breaking, and what's next.
Attendees will walk away with:
Survey of capital thresholds and other requirements across regions in APAC
Nuanced understanding of Singapore's role in the retail trading space
Glimpse into parallel developments in digital assets and RWA
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Attendees will walk away with:
A clear view of how stablecoins, on-chain settlement, and tokenised money are being used in live institutional workflows today
Understanding of what MAS initiatives like Project Orchid and Project Bloom signal for the future of digital money in Singapore's capital markets
Insight into how mobile-first fund platforms and digital distribution channels are pulling payment infrastructure closer to the point of investment
Perspective on the compliance and custody challenges firms face when payments, trading, and settlement converge on the same rails
For fintechs who try to capture the retail investment crowd, payments can be a game-changer from user experience to back-office plumbing.
This session brings together builders from across the payment ecosystem to examine how new rails are altering the way capital moves in APAC and beyond.
Attendees will walk away with:
A clear view of how stablecoins, on-chain settlement, and tokenised money are being used in live institutional workflows today
Understanding of what MAS initiatives like Project Orchid and Project Bloom signal for the future of digital money in Singapore's capital markets
Insight into how mobile-first fund platforms and digital distribution channels are pulling payment infrastructure closer to the point of investment
Perspective on the compliance and custody challenges firms face when payments, trading, and settlement converge on the same rails
For fintechs who try to capture the retail investment crowd, payments can be a game-changer from user experience to back-office plumbing.
This session brings together builders from across the payment ecosystem to examine how new rails are altering the way capital moves in APAC and beyond.
Attendees will walk away with:
A clear view of how stablecoins, on-chain settlement, and tokenised money are being used in live institutional workflows today
Understanding of what MAS initiatives like Project Orchid and Project Bloom signal for the future of digital money in Singapore's capital markets
Insight into how mobile-first fund platforms and digital distribution channels are pulling payment infrastructure closer to the point of investment
Perspective on the compliance and custody challenges firms face when payments, trading, and settlement converge on the same rails
For fintechs who try to capture the retail investment crowd, payments can be a game-changer from user experience to back-office plumbing.
This session brings together builders from across the payment ecosystem to examine how new rails are altering the way capital moves in APAC and beyond.
Attendees will walk away with:
A clear view of how stablecoins, on-chain settlement, and tokenised money are being used in live institutional workflows today
Understanding of what MAS initiatives like Project Orchid and Project Bloom signal for the future of digital money in Singapore's capital markets
Insight into how mobile-first fund platforms and digital distribution channels are pulling payment infrastructure closer to the point of investment
Perspective on the compliance and custody challenges firms face when payments, trading, and settlement converge on the same rails
For fintechs who try to capture the retail investment crowd, payments can be a game-changer from user experience to back-office plumbing.
This session brings together builders from across the payment ecosystem to examine how new rails are altering the way capital moves in APAC and beyond.
Attendees will walk away with:
A clear view of how stablecoins, on-chain settlement, and tokenised money are being used in live institutional workflows today
Understanding of what MAS initiatives like Project Orchid and Project Bloom signal for the future of digital money in Singapore's capital markets
Insight into how mobile-first fund platforms and digital distribution channels are pulling payment infrastructure closer to the point of investment
Perspective on the compliance and custody challenges firms face when payments, trading, and settlement converge on the same rails
For fintechs who try to capture the retail investment crowd, payments can be a game-changer from user experience to back-office plumbing.
This session brings together builders from across the payment ecosystem to examine how new rails are altering the way capital moves in APAC and beyond.
Attendees will walk away with:
A clear view of how stablecoins, on-chain settlement, and tokenised money are being used in live institutional workflows today
Understanding of what MAS initiatives like Project Orchid and Project Bloom signal for the future of digital money in Singapore's capital markets
Insight into how mobile-first fund platforms and digital distribution channels are pulling payment infrastructure closer to the point of investment
Perspective on the compliance and custody challenges firms face when payments, trading, and settlement converge on the same rails
From Rewards to Retention: The 5 Loyalty Program Mistakes Brokers Need To Avoid (Case Study)
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Acquisition is getting more expensive. Most brokers already know that. The harder question is what happens after the client funds the account.
This session looks at how broker loyalty programmes are moving from “nice-to-have rewards” into a serious retention layer inside the client portal.
In this session, Desmond Leong, CEO of Returning.AI, will break down the practical mechanics behind high-performing broker loyalty programmes: what to reward, what not to reward, how onshore and offshore entities need different incentive structures, what belongs in the rewards store, and how brokers can recycle reward budgets back into trading value instead of letting them disappear as pure cost.
The talk will cover common mistakes brokers make when launching loyalty programmes, including copying retail-style rewards, ignoring jurisdictional constraints, over-relying on bonuses, failing to connect rewards to lifecycle stages, and measuring vanity engagement instead of retention, LTV, CAC payback, deposits, and active trading behaviour.
Attendees will leave with a clear do-and-don’t framework they can use to pressure-test their own loyalty strategy.
Why loyalty is no longer a “nice-to-have” marketing feature for brokers
The building blocks of any loyalty program and what they mean: points, tiers, missions, stores, leaderboards, boosters, and cashback-style mechanics
Understanding of how key regulators read loyalty incentives and where the compliance lines are
What should go in the rewards store, and what quietly destroys ROI
How trading credits, rebates, VIP perks, education, and service benefits can recycle value back into the brokerage
The 5 mistakes brokers should avoid when building or buying a loyalty programme
Real figures from a live deployment: what moved in daily activity, tier progression, and trader spend
Acquisition is getting more expensive. Most brokers already know that. The harder question is what happens after the client funds the account.
This session looks at how broker loyalty programmes are moving from “nice-to-have rewards” into a serious retention layer inside the client portal.
In this session, Desmond Leong, CEO of Returning.AI, will break down the practical mechanics behind high-performing broker loyalty programmes: what to reward, what not to reward, how onshore and offshore entities need different incentive structures, what belongs in the rewards store, and how brokers can recycle reward budgets back into trading value instead of letting them disappear as pure cost.
The talk will cover common mistakes brokers make when launching loyalty programmes, including copying retail-style rewards, ignoring jurisdictional constraints, over-relying on bonuses, failing to connect rewards to lifecycle stages, and measuring vanity engagement instead of retention, LTV, CAC payback, deposits, and active trading behaviour.
Attendees will leave with a clear do-and-don’t framework they can use to pressure-test their own loyalty strategy.
Why loyalty is no longer a “nice-to-have” marketing feature for brokers
The building blocks of any loyalty program and what they mean: points, tiers, missions, stores, leaderboards, boosters, and cashback-style mechanics
Understanding of how key regulators read loyalty incentives and where the compliance lines are
What should go in the rewards store, and what quietly destroys ROI
How trading credits, rebates, VIP perks, education, and service benefits can recycle value back into the brokerage
The 5 mistakes brokers should avoid when building or buying a loyalty programme
Real figures from a live deployment: what moved in daily activity, tier progression, and trader spend
Acquisition is getting more expensive. Most brokers already know that. The harder question is what happens after the client funds the account.
This session looks at how broker loyalty programmes are moving from “nice-to-have rewards” into a serious retention layer inside the client portal.
In this session, Desmond Leong, CEO of Returning.AI, will break down the practical mechanics behind high-performing broker loyalty programmes: what to reward, what not to reward, how onshore and offshore entities need different incentive structures, what belongs in the rewards store, and how brokers can recycle reward budgets back into trading value instead of letting them disappear as pure cost.
The talk will cover common mistakes brokers make when launching loyalty programmes, including copying retail-style rewards, ignoring jurisdictional constraints, over-relying on bonuses, failing to connect rewards to lifecycle stages, and measuring vanity engagement instead of retention, LTV, CAC payback, deposits, and active trading behaviour.
Attendees will leave with a clear do-and-don’t framework they can use to pressure-test their own loyalty strategy.
Why loyalty is no longer a “nice-to-have” marketing feature for brokers
The building blocks of any loyalty program and what they mean: points, tiers, missions, stores, leaderboards, boosters, and cashback-style mechanics
Understanding of how key regulators read loyalty incentives and where the compliance lines are
What should go in the rewards store, and what quietly destroys ROI
How trading credits, rebates, VIP perks, education, and service benefits can recycle value back into the brokerage
The 5 mistakes brokers should avoid when building or buying a loyalty programme
Real figures from a live deployment: what moved in daily activity, tier progression, and trader spend
Acquisition is getting more expensive. Most brokers already know that. The harder question is what happens after the client funds the account.
This session looks at how broker loyalty programmes are moving from “nice-to-have rewards” into a serious retention layer inside the client portal.
In this session, Desmond Leong, CEO of Returning.AI, will break down the practical mechanics behind high-performing broker loyalty programmes: what to reward, what not to reward, how onshore and offshore entities need different incentive structures, what belongs in the rewards store, and how brokers can recycle reward budgets back into trading value instead of letting them disappear as pure cost.
The talk will cover common mistakes brokers make when launching loyalty programmes, including copying retail-style rewards, ignoring jurisdictional constraints, over-relying on bonuses, failing to connect rewards to lifecycle stages, and measuring vanity engagement instead of retention, LTV, CAC payback, deposits, and active trading behaviour.
Attendees will leave with a clear do-and-don’t framework they can use to pressure-test their own loyalty strategy.
Why loyalty is no longer a “nice-to-have” marketing feature for brokers
The building blocks of any loyalty program and what they mean: points, tiers, missions, stores, leaderboards, boosters, and cashback-style mechanics
Understanding of how key regulators read loyalty incentives and where the compliance lines are
What should go in the rewards store, and what quietly destroys ROI
How trading credits, rebates, VIP perks, education, and service benefits can recycle value back into the brokerage
The 5 mistakes brokers should avoid when building or buying a loyalty programme
Real figures from a live deployment: what moved in daily activity, tier progression, and trader spend
Acquisition is getting more expensive. Most brokers already know that. The harder question is what happens after the client funds the account.
This session looks at how broker loyalty programmes are moving from “nice-to-have rewards” into a serious retention layer inside the client portal.
In this session, Desmond Leong, CEO of Returning.AI, will break down the practical mechanics behind high-performing broker loyalty programmes: what to reward, what not to reward, how onshore and offshore entities need different incentive structures, what belongs in the rewards store, and how brokers can recycle reward budgets back into trading value instead of letting them disappear as pure cost.
The talk will cover common mistakes brokers make when launching loyalty programmes, including copying retail-style rewards, ignoring jurisdictional constraints, over-relying on bonuses, failing to connect rewards to lifecycle stages, and measuring vanity engagement instead of retention, LTV, CAC payback, deposits, and active trading behaviour.
Attendees will leave with a clear do-and-don’t framework they can use to pressure-test their own loyalty strategy.
Why loyalty is no longer a “nice-to-have” marketing feature for brokers
The building blocks of any loyalty program and what they mean: points, tiers, missions, stores, leaderboards, boosters, and cashback-style mechanics
Understanding of how key regulators read loyalty incentives and where the compliance lines are
What should go in the rewards store, and what quietly destroys ROI
How trading credits, rebates, VIP perks, education, and service benefits can recycle value back into the brokerage
The 5 mistakes brokers should avoid when building or buying a loyalty programme
Real figures from a live deployment: what moved in daily activity, tier progression, and trader spend
Acquisition is getting more expensive. Most brokers already know that. The harder question is what happens after the client funds the account.
This session looks at how broker loyalty programmes are moving from “nice-to-have rewards” into a serious retention layer inside the client portal.
In this session, Desmond Leong, CEO of Returning.AI, will break down the practical mechanics behind high-performing broker loyalty programmes: what to reward, what not to reward, how onshore and offshore entities need different incentive structures, what belongs in the rewards store, and how brokers can recycle reward budgets back into trading value instead of letting them disappear as pure cost.
The talk will cover common mistakes brokers make when launching loyalty programmes, including copying retail-style rewards, ignoring jurisdictional constraints, over-relying on bonuses, failing to connect rewards to lifecycle stages, and measuring vanity engagement instead of retention, LTV, CAC payback, deposits, and active trading behaviour.
Attendees will leave with a clear do-and-don’t framework they can use to pressure-test their own loyalty strategy.
Why loyalty is no longer a “nice-to-have” marketing feature for brokers
The building blocks of any loyalty program and what they mean: points, tiers, missions, stores, leaderboards, boosters, and cashback-style mechanics
Understanding of how key regulators read loyalty incentives and where the compliance lines are
What should go in the rewards store, and what quietly destroys ROI
How trading credits, rebates, VIP perks, education, and service benefits can recycle value back into the brokerage
The 5 mistakes brokers should avoid when building or buying a loyalty programme
Real figures from a live deployment: what moved in daily activity, tier progression, and trader spend
Stablecoins from Experimentation to Implementation
Stablecoins from Experimentation to Implementation
Stablecoins from Experimentation to Implementation
Stablecoins from Experimentation to Implementation
Stablecoins from Experimentation to Implementation
Stablecoins from Experimentation to Implementation
With over $300 billion in stablecoins now in circulation and APAC regulators moving from frameworks to enforcement, the conversation has shifted.
Held in partnership with 8Circle, this session brings together the builders of new payment rails and the institutions putting them to work.
Attendees will walk away with:
A clear view of which stablecoin use cases have cleared proof of concept and are now operating at scale in APAC
Understanding of what the MAS Payment Services Act and Hong Kong's fiat stablecoin licensing regime mean for brokers and payment providers in practice
Insight into the infrastructure gaps firms most commonly underestimate before going live
Perspective on where the next wave of adoption is heading and what existing systems need to accommodate
With over $300 billion in stablecoins now in circulation and APAC regulators moving from frameworks to enforcement, the conversation has shifted.
Held in partnership with 8Circle, this session brings together the builders of new payment rails and the institutions putting them to work.
Attendees will walk away with:
A clear view of which stablecoin use cases have cleared proof of concept and are now operating at scale in APAC
Understanding of what the MAS Payment Services Act and Hong Kong's fiat stablecoin licensing regime mean for brokers and payment providers in practice
Insight into the infrastructure gaps firms most commonly underestimate before going live
Perspective on where the next wave of adoption is heading and what existing systems need to accommodate
With over $300 billion in stablecoins now in circulation and APAC regulators moving from frameworks to enforcement, the conversation has shifted.
Held in partnership with 8Circle, this session brings together the builders of new payment rails and the institutions putting them to work.
Attendees will walk away with:
A clear view of which stablecoin use cases have cleared proof of concept and are now operating at scale in APAC
Understanding of what the MAS Payment Services Act and Hong Kong's fiat stablecoin licensing regime mean for brokers and payment providers in practice
Insight into the infrastructure gaps firms most commonly underestimate before going live
Perspective on where the next wave of adoption is heading and what existing systems need to accommodate
With over $300 billion in stablecoins now in circulation and APAC regulators moving from frameworks to enforcement, the conversation has shifted.
Held in partnership with 8Circle, this session brings together the builders of new payment rails and the institutions putting them to work.
Attendees will walk away with:
A clear view of which stablecoin use cases have cleared proof of concept and are now operating at scale in APAC
Understanding of what the MAS Payment Services Act and Hong Kong's fiat stablecoin licensing regime mean for brokers and payment providers in practice
Insight into the infrastructure gaps firms most commonly underestimate before going live
Perspective on where the next wave of adoption is heading and what existing systems need to accommodate
With over $300 billion in stablecoins now in circulation and APAC regulators moving from frameworks to enforcement, the conversation has shifted.
Held in partnership with 8Circle, this session brings together the builders of new payment rails and the institutions putting them to work.
Attendees will walk away with:
A clear view of which stablecoin use cases have cleared proof of concept and are now operating at scale in APAC
Understanding of what the MAS Payment Services Act and Hong Kong's fiat stablecoin licensing regime mean for brokers and payment providers in practice
Insight into the infrastructure gaps firms most commonly underestimate before going live
Perspective on where the next wave of adoption is heading and what existing systems need to accommodate
With over $300 billion in stablecoins now in circulation and APAC regulators moving from frameworks to enforcement, the conversation has shifted.
Held in partnership with 8Circle, this session brings together the builders of new payment rails and the institutions putting them to work.
Attendees will walk away with:
A clear view of which stablecoin use cases have cleared proof of concept and are now operating at scale in APAC
Understanding of what the MAS Payment Services Act and Hong Kong's fiat stablecoin licensing regime mean for brokers and payment providers in practice
Insight into the infrastructure gaps firms most commonly underestimate before going live
Perspective on where the next wave of adoption is heading and what existing systems need to accommodate
Overfunded or Underregulated? The APAC Prop Trading Story
Overfunded or Underregulated? The APAC Prop Trading Story
Overfunded or Underregulated? The APAC Prop Trading Story
Overfunded or Underregulated? The APAC Prop Trading Story
Overfunded or Underregulated? The APAC Prop Trading Story
Overfunded or Underregulated? The APAC Prop Trading Story
APAC now accounts for nearly half of global prop firm sign-up growth, with emerging markets pulling away from established hubs. The pass rates, however, tell a different story.
This session brings together prop firms, regional brokers, and specialists to examine where the APAC growth story holds and where it doesn't.
Attendees will walk away with:
A clear view of which APAC markets are generating real funded trader volume versus registration noise, and why that gap matters more than the headline figures
Understanding of how mobile-first acquisition funnels and grey-market legacies complicate KYC, payout infrastructure, and regulatory standing across jurisdictions
Insight into how India, Vietnam, and Singapore are each handling the shift from offshore leverage workarounds to licensed operations
Perspective on whether the low-barrier, high-volume prop model can survive regional professionalization without hollowing out its core audience
APAC now accounts for nearly half of global prop firm sign-up growth, with emerging markets pulling away from established hubs. The pass rates, however, tell a different story.
This session brings together prop firms, regional brokers, and specialists to examine where the APAC growth story holds and where it doesn't.
Attendees will walk away with:
A clear view of which APAC markets are generating real funded trader volume versus registration noise, and why that gap matters more than the headline figures
Understanding of how mobile-first acquisition funnels and grey-market legacies complicate KYC, payout infrastructure, and regulatory standing across jurisdictions
Insight into how India, Vietnam, and Singapore are each handling the shift from offshore leverage workarounds to licensed operations
Perspective on whether the low-barrier, high-volume prop model can survive regional professionalization without hollowing out its core audience
APAC now accounts for nearly half of global prop firm sign-up growth, with emerging markets pulling away from established hubs. The pass rates, however, tell a different story.
This session brings together prop firms, regional brokers, and specialists to examine where the APAC growth story holds and where it doesn't.
Attendees will walk away with:
A clear view of which APAC markets are generating real funded trader volume versus registration noise, and why that gap matters more than the headline figures
Understanding of how mobile-first acquisition funnels and grey-market legacies complicate KYC, payout infrastructure, and regulatory standing across jurisdictions
Insight into how India, Vietnam, and Singapore are each handling the shift from offshore leverage workarounds to licensed operations
Perspective on whether the low-barrier, high-volume prop model can survive regional professionalization without hollowing out its core audience
APAC now accounts for nearly half of global prop firm sign-up growth, with emerging markets pulling away from established hubs. The pass rates, however, tell a different story.
This session brings together prop firms, regional brokers, and specialists to examine where the APAC growth story holds and where it doesn't.
Attendees will walk away with:
A clear view of which APAC markets are generating real funded trader volume versus registration noise, and why that gap matters more than the headline figures
Understanding of how mobile-first acquisition funnels and grey-market legacies complicate KYC, payout infrastructure, and regulatory standing across jurisdictions
Insight into how India, Vietnam, and Singapore are each handling the shift from offshore leverage workarounds to licensed operations
Perspective on whether the low-barrier, high-volume prop model can survive regional professionalization without hollowing out its core audience
APAC now accounts for nearly half of global prop firm sign-up growth, with emerging markets pulling away from established hubs. The pass rates, however, tell a different story.
This session brings together prop firms, regional brokers, and specialists to examine where the APAC growth story holds and where it doesn't.
Attendees will walk away with:
A clear view of which APAC markets are generating real funded trader volume versus registration noise, and why that gap matters more than the headline figures
Understanding of how mobile-first acquisition funnels and grey-market legacies complicate KYC, payout infrastructure, and regulatory standing across jurisdictions
Insight into how India, Vietnam, and Singapore are each handling the shift from offshore leverage workarounds to licensed operations
Perspective on whether the low-barrier, high-volume prop model can survive regional professionalization without hollowing out its core audience
APAC now accounts for nearly half of global prop firm sign-up growth, with emerging markets pulling away from established hubs. The pass rates, however, tell a different story.
This session brings together prop firms, regional brokers, and specialists to examine where the APAC growth story holds and where it doesn't.
Attendees will walk away with:
A clear view of which APAC markets are generating real funded trader volume versus registration noise, and why that gap matters more than the headline figures
Understanding of how mobile-first acquisition funnels and grey-market legacies complicate KYC, payout infrastructure, and regulatory standing across jurisdictions
Insight into how India, Vietnam, and Singapore are each handling the shift from offshore leverage workarounds to licensed operations
Perspective on whether the low-barrier, high-volume prop model can survive regional professionalization without hollowing out its core audience
