SEC Exposes $100M Fraud by QZ Asset Management
Key Points Sophisticated Fraud: QZ Asset Management, led by CEO Blake Yeung, deceived investors with promises of high re
The Intersection of Politics and Bitcoin: A Shaky Alliance
At a Glance Kamala Harris’s Rise: Her increasing political prominence is linked to a bearish sentiment for Bitcoin
Crypto Market Dips: Bitcoin Down 21%, Buy Now?
Quick Look: Bitcoin Halving Cycle: Critical to Bitcoin’s economic model, it reduces mining rewards every four year
Russia Turns to Cryptocurrency to Evade Sanctions
Quick Look: Cryptocurrency Strategy: Russia leverages cryptocurrency to counteract Western sanctions, significantly alte
TODAY'S FEATURED
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
LCG UK Boosts Revenue by 25% while Net Loss Shoots by 30% in 2022
LandFX Net Profit Upward Shift Despite the Turnover Downturn
EDUCATION
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EDUCATION
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
Zodia Custody: Crypto Asset Storage in Singapore
Zodia Custody has made a significant stride in digital asset management by
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
Zodia Custody: Crypto Asset Storage in Singapore
ZKsync Airdrop: 3.675 Billion Tokens for Community
YouTube Interests in NFT – Despite Resistance Threat
LATEST REVIEWS
Zodia Custody: Crypto Asset Storage in Singapore
Zodia Custody has made a significant stride in digital asset management by launching its services in Singapore, a move aimed at capitalising on the burgeoning digital asset market in the country. Zodia Custody, a
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
FOREX NEWS
FOREX NEWS
BROKER NEWS
Sterling Hits $1.32: The Surge, Risks, and Future Outlook
Quick Look Sterling’s Surge: The British pound has surged to a 2.5-year high against the dollar, driven by expectations of prolonged high UK interest rates. Interest Rate Risks: Sterling’s strength hinges on the Bank of England’s rate policies; unexpected
August Volatility: $250 Billion in FX Carry Trades Unwound
Quick Look Market Turbulence: Early August saw a brief but intense spike in market volatility due to unwinding leveraged trades. FX Carry Trades Hit: The FX carry trades, estimated at ¥40 trillion, were heavily impacted by deleveraging pressures. Deleveraging
Euro, Pound Gain 0.1% as Oil Prices Stabilize
Key Points Euro And Pound Rise: Both currencies edged up as oil prices paused, nearing multi-month highs against the US dollar. Fed Rate Cut Anticipation: Expectations of a Federal Reserve rate cut are pressuring the dollar, boosting the euro
China’s Yuan Gains 1.3% in August Amid PBOC Interventions
Quick Overview Yuan’s Strength: The yuan gained 1.3% against the dollar in August, reversing earlier losses. This was driven by external factors like potential U.S. Fed rate cuts. PBOC’s Caution: To avoid market turbulence, the People’s Bank of China
New Crypto Era: Crossover Markets Secures $12M
Quick Look: Crossover Markets raised $12M, led by Illuminate Financial and DRW Venture Capital. Mark Beeston from Illuminate Financial joins the board, adding strategic vision. The ECN platform reported $3.15 billion in trading volume in Q1, known for speed
Bitcoin Exchange Reserves at 3-Year Low in June 2024
Quick Look: Approval of Bitcoin ETFs in January 2024 has led to significant institutional accumulation, reshaping market dynamics. May 2024 saw $2 billion in digital asset fund inflows, primarily driven by BTC investments. Bitcoin’s price fell to $65,487 in
Tether Introduces aUSDT, 75% Gold-Backed Synthetic Dollar
Quick Look: Tether’s new synthetic dollar, aUSDT, represents a strategic push into tokenization. XAUT overcollateralizes AUSDT to ensure security and stability on the Ethereum-based Alloy platform. Oversight by Moon Gold entities and El Salvador’s CNAD ensures regulatory compliance and
Andrew Tate’s DADDY Token Surges to $300M Market Cap
Quick Look: Andrew Tate’s DADDY token launched on June 9, 2024, with rapid market capitalisation growth to $300 million by June 12, 2024. The token’s price peaked at $0.3665 on June 10, 2024, but later dropped to $0.1724 by
BROKER NEWS
New Crypto Era: Crossover Markets Secures $12M
Quick Look: Crossover Markets raised $12M, led by Illuminate Financial and DRW Venture Capital. Mark Beeston from Illuminate Financial joins the board, adding strategic vision. The ECN platform reported $3.15 billion in trading volume in Q1, known for speed and efficiency. The balanced fee model charges one basis point
New Crypto Era: Crossover Markets Secures $12M
Bitcoin Exchange Reserves at 3-Year Low in June 2024
Andrew Tate’s DADDY Token Surges to $300M Market Cap
Manta Foundation Launches $50M Eco Fund for Blockchain
SEC Exposes $100M Fraud by QZ Asset Management
Key Points Sophisticated Fraud: QZ Asset Management, led by CEO Blake Yeung, deceived investors with promises of high returns using AI technology. False Credibility: The firm fabricated relationships with reputable banks and legal institutions to appear legitimate. Public Market Deception: QZ Global falsely claimed plans to list on
The Intersection of Politics and Bitcoin: A Shaky Alliance
At a Glance Kamala Harris’s Rise: Her increasing political prominence is linked to a bearish sentiment for Bitcoin. Bitcoin’s Decline: Bitcoin’s value dropped by 3% following Harris’s nomination, dipping below $50,000. Trump’s Crypto Support: Trump’s pro-Bitcoin stance has garnered solid financial backing from the crypto community. Harris’s Crypto
Crypto Market Dips: Bitcoin Down 21%, Buy Now?
Quick Look: Bitcoin Halving Cycle: Critical to Bitcoin’s economic model, it reduces mining rewards every four years, promoting long-term price stability. Institutional Interest: Bitcoin ETFs enable large-scale investors to enter the market, potentially driving future price increases. Historical Performance: Post-halving periods have shown significant price gains; patience may
Russia Turns to Cryptocurrency to Evade Sanctions
Quick Look: Cryptocurrency Strategy: Russia leverages cryptocurrency to counteract Western sanctions, significantly altering its financial landscape. Sanctions Impact: Russia’s exclusion from the SWIFT banking system has severely hampered its global trade capabilities. Regulatory Moves: A new bill aims to regulate crypto mining, with large-scale operations needing government approval
New Crypto Era: Crossover Markets Secures $12M
Quick Look: Crossover Markets raised $12M, led by Illuminate Financial and DRW Venture Capital. Mark Beeston from Illuminate Financial joins the board, adding strategic vision. The ECN platform reported $3.15 billion in trading volume