Sun, January 26, 2025

Crypto trading

4xAi Review

4xAi Review

A 4xAi Review: Caution Advised   Broker:   4xAi Warnings: FCA Regulated:  No Danger rating: 3.9/5 Contact information: Address: 7 Temasek Blvd, Singapore 038987 Email:  Phone number: +442045874625 Overview of 4xAi’s Claims and Practices Our 4xAi review presents an alleged formidable player in the online trading landscape. The broker offers access to a vast array of …

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andrew tate, daddy token

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 June 13, 2024, highlighting high volatility. Allegations surfaced about insider trading, with select wallets controlling a …

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Polkadot, DOT

Polkadot Community Approves ‘Jam’ Architecture, $65M Fund

Quick Look: Web3 Foundation introduced the JAM Implementer’s Prize, a $64.7 million fund to boost JAM protocol development. Enhances scalability, flexibility, and security, integrating elements from Polkadot and Ethereum for better performance. Trading between $6.10 and $6.25 with reduced volatility and Open Interest, indicating market calm. The Polkadot community has recently approved a significant advancement …

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A New Jersey judge and Colorado-based firm

Riot Platforms and Bitfarms Clash Amid $950M Acquisition

Quick Look: Bitfarms adopted a poison pill strategy to defend against Riot Platforms’ hostile takeover attempts. Riot proposed an unsolicited $950 million offer to acquire Bitfarms, which was rejected. Riot’s share price dropped by 35%, while Bitfarms’ fell by 19% due to acquisition uncertainties. Riot increased its stake in Bitfarms to 13.1% and called for …

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Ada

Cardano ADA: Chang Hard Fork & Node 9.0 Insights

Quick Look: Chang Hard Fork: Anticipated in July 2024, enhancing Cardano’s governance and potentially driving ADA prices up. Node 9.0 Launch: Key upgrade for smart contracts and NFTs, positioning Cardano as a competitor to Ethereum. Smart Contracts and NFTs: Cardano’s advancements in these areas offer dynamic functionalities, boosting its market appeal. Proof-of-Stake (PoS): Enhances network …

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Ripple and authorities

Ripple Launches $1 Billion Fund for Japan and Korea

Quick Look: Ripple introduces the Japan and Korea Fund, channelling one billion XRP to boost blockchain innovation in Japan and South Korea. Ripple intensifies efforts in the Asia-Pacific region, aiming to increase cryptocurrency payment adoption. Partnerships with HashKey DX and SBI Holdings target supply chain finance and broader adoption of Ripple’s solutions in Japan. Ripple, …

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bitcoin

Bitcoin Ends at $69,570 After 0.16% Decline

Quick Look: Bitcoin declined 0.16% on June 10, closing at $69,570, reflecting market volatility and economic factors. U.S. BTC-Spot ETFs saw $55.4 million in outflows, the first since May, amid speculation on Fed’s interest rate actions. Grayscale Bitcoin Trust, Invesco Galaxy Bitcoin ETF, and Fidelity Wise Origin BTC Fund faced significant outflows. In the latest …

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bitcoin

Michael Saylor: Bitcoin’s Vision and MicroStrategy Moves

Quick Look: Michael Saylor’s Statement emphasized Satoshi Nakamoto’s role in revolutionizing digital finance through Bitcoin. Nakamoto’s Vision introduced BTC as a decentralized, peer-to-peer cash system, reshaping financial transactions. Analyst Ali identified a critical support range for BTC’s price stability between $69,380 and $67,350. Michael Saylor, the chairman of MicroStrategy, recently made a significant statement regarding …

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NFT, Bored Apes, crypto

Three Charged in $2.7M ‘Evolved Apes’ NFT Scam

Quick Look: Charges Filed: Three individuals charged with wire fraud and money laundering in ‘Evolved Apes’ NFT scam. Project Details: Launched on 24th September 2021, with 10,000 NFTs and promises of a video game. Collapse: Website down by 5th October 2021; $2.7 million raised, no game delivered. Legal Actions: Defendants face up to 20 years …

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FTX, robinhood, zksync

Robinhood’s $200M Acquisition of Bitstamp for Global Expansion

Quick Look: Robinhood acquires Bitstamp for $200 million in an all-cash deal, closing in H1 2025 pending approval. The acquisition aligns with Robinhood’s international expansion and diversification into institutional business. Bitcoin surged over 60% in 2024; Robinhood’s crypto revenue tripled in Q1 2024 despite regulatory challenges. Robinhood has announced the acquisition of Bitstamp for $200 …

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CFTC выиграла дело на сумму $83,7 млн, регулируя цифровые активы

Uniswap Price Surges 20%: Major Rally Ahead?

Quick Look: Price Surge: Uniswap (UNI) surged over 20%, breaking the $10.50 resistance above $11.20. Key Resistance: Immediate resistance at $11.55, with targets at $12.00, $12.20, $12.50, and $13.50. Market Impact: Broader market gains; Bitcoin above $71,000, notable moves in BNB and STRK. Uniswap Labs Post: Speculation over a Uniswap Labs post boosted UNI’s price. …

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Polkadot, DOT

Polkadot Projected to Hit $9.12 by June 9, 2024

Quick Look: Market Overview: The global cryptocurrency market cap is $2.7 trillion, with Bitcoin trading at $69,000. DOT Price Performance: Polkadot has declined by 38.8% from its March 2024 high, currently priced at $7. Future Projections: CoinCodex predicts a rise to $9.12 by June 9, 2024, and potentially $20.43 by month’s end. As we enter …

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Broker News

UP Fintech’s Q1 2024 Revenue Up by 19%, Profits Double

UP Fintech Holding Limited announced its unaudited Q1 2024 financials, ending March 31. CEO Wu Tianhua revealed a 19% year-over-year revenue rise, reaching $78.9 million. Net income attributable to UP Fintech’s ordinary shareholders rose to $12.3 million, showcasing a solid performance in Q1. Non-GAAP net income hit $14.7 million, reflecting financial strength and efficiency. UP …

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Cryptocurrency market in Africa

Binance’s Zhao Faces 4-Month Prison Term

Quick Look: CZ Sentenced: Changpeng Zhao, Binance founder, was sentenced to 4 months in a low-security prison. DOJ Recommendation: The DOJ proposed 36 months, exceeding the plea agreement’s 18 months. Legal Consequences: Binance was fined $4.3 billion, Zhao was fined $50 million and stepped down as CEO. Binance’s Market: Despite legal issues, Binance remains the …

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