[ad_1] FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion,…
Author: dfrancis36
[ad_1] Shiba Inu and PEPE whales have begun to make their move in a market currently rocked with uncertainty. This time around, these prominent investors are sending large amounts of tokens to centralized exchanges like Binance, suggesting that they could be looking at dumping the meme coins. Such a move would put undue pressure on both the Shiba Inu and PEPE prices at a time when they’re struggling to find their footing. Shiba Inu Whale Sends 1.8 Trillion Exchanges Spot On Chain, an on-chain data tracking and aggregation platform, reported a transaction carrying significant amounts of SHIB. While these large…
[ad_1] Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs may be directly linked to institutional sell-offs, as well as miner sell-offs. The funds have now completed seven consecutive days of outflows, so this report takes a look at what happened the last time that the outflows were this high. Spot Bitcoin ETFs Lose Money For 7 Straight Days According to data from Coinglass, Spot Bitcoin ETFs have now marked their 7th consecutive day of outflows. An interesting fact about…
[ad_1] In a significant market move, the price of ether (ETH) surged more than 10% to $3.4K after Bloomberg analysts substantially increased the likelihood of the U.S. Securities and Exchange Commission (SEC) approving spot ETH exchange-traded funds (ETFs). Previously, markets had largely anticipated SEC rejections of proposed funds this week. Eric Balchunas, Bloomberg’s Senior ETF Analyst, tweeted that he and colleague James Seyffart raised their odds of spot Ether ETF approval to 75%, up from a mere 25%. Balchunas noted a change in sentiment within the SEC, suggesting a potential shift in the regulatory stance on what he termed an…
[ad_1] FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 FX and CFDs in Africa: Key Industry Trends | FMAS:24 As Africa joins the global financial markets, its unique economy fuels forex and CFD trading innovation. Discover growth drivers: tech advancements, regulations, and increased financial education for African traders. See how these factors enhance trading accessibility, transparency, financial inclusion,…
[ad_1] Alex Lab, a Bitcoin-based DeFi protocol, revealed new details about the hack it suffered in May. The project announced it had potentially identified the attacker with the help of a blockchain sleuth while the police continued to investigate the incident. DeFi Protocol Loses Millions To Phishing Attack On May 15, the Alex Lab Foundation fell victim to an exploit that took millions in users’ funds. The DeFi protocol unveiled that the attacker obtained private keys via a phishing attack, granting them full access to the funds. The attacker used the compromised keys to access one of the vaults associated with…
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…
[ad_1] Uniswap Labs, the innovator behind Ethereum’s leading decentralized trading platform, refuted the US Securities and Exchange Commission’s (SEC) allegations, contending that crypto tokens do not qualify as securities but are akin to file formats such as PDFs. The New York-based startup rebuffed claims of operating an unregistered exchange and broker-dealer, following a Wells notice served by the SEC’s Enforcement Division last month, signaling potential legal action. Marvin Ammori, Uniswap Labs’ Chief Legal Officer, emphasized during a Zoom press conference, “Tokens are simply a file format for value and are not inherently securities. The SEC must unilaterally redefine exchange, broker,…
[ad_1] In a significant development for the crypto industry, Republican Congressman Matt Gaetz is set to introduce a new bill allowing federal income tax payments to be made using Bitcoin (BTC). Gaetz believes that by allowing taxpayers to utilize Bitcoin for their federal tax obligations, the country can foster innovation, enhance efficiency, and provide greater flexibility to American citizens. The proposed legislation aims to amend the Internal Revenue Code of 1986, directing the Treasury secretary to establish a framework for accepting Bitcoin as a valid form of payment. Inspiration From El Salvador? In a statement to The Daily Wire, Gaetz…
[ad_1] Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become…