Crypto news

The Albanian authorities arrested Faruk Fatih Ozer – the CEO of the Turkish cryptocurrency exchange Thodex – in the city of Elbasan. Last year, the platform ceased trading and withdrawals, while the 28-year-old executive was rumored to have left Turkey with $2 billion in users’ funds. Despite not managing to detect Ozer’s whereabouts, Turkish law enforcement agents jailed six other individuals connected to the fraud. Two of those were the brother and the sister of the CEO....

Ripple has increased by 4% as the crypto market began to recover over the last two days. One explanation for this can be found in the DXY index reaching a stiff resistance. However, the sentiment across risk-on markets continues to be bearish. Technical Analysis By Grizzly The Weekly Chart The trend structure became bearish after the formation of a lower high and lower low on the daily chart. After failing to push the price above the horizontal resistance at $0.39 (in red),...

Randa Cranford – a 78-year-old grandmother – is the latest victim of a crypto scam, having lost as much as $7,000 in the process. Randa Cranford Lost a Lot of Money The situation began when Cranford received a strange message on her computer screen claiming that something had been compromised and that she should call the number featured on the screen to get things resolved. In an interview, she stated: All of a sudden, these windows flashed up and a message that read,...

The Bitcoin bear market appears to be far from over as the price has dropped to the bulls’ last line of defense before another massive leg down. The short-term and even mid-term price action of Bitcoin could be determined in the next few days. Technical Analysis By: Edris The Daily Chart Looking at the daily chart, the recent downtrend was initiated after the price was rejected from the $24K static resistance level. Moreover, it was rejected from the 100-day moving average at...

[PRESS RELEASE – UAE, Dubai, September 1, 2022] Helion Ventures Investment Limited, is set to launch on September 1st, 2022 in Dubai, UAE, and is located in the DIFC. Helion Ventures is a venture capital based in the UAE with a focus on investing in DeFi, early-stage tokens, crypto, blockchain and Fintech technology projects in the region as well as the GCC and Africa. Helion Ventures invests in early-stage tokens and Fintech Blockchain projects, as well planning to offer a...

[PRESS RELEASE – Please Read Disclaimer] Since bursting onto the scene in March, SolidusX has won plaudits from professionals and first-time investors alike, thanks to its reasonable fees, high functionality, and broad range of easy-to-use features “Our overriding aim is always support and guide investors toward a prosperous financial future,” David Ginsburg, Investment Director at SolidusX, says. “And we have the tools, the market expertise, and the cutting-edge platform to...

[PRESS RELEASE – London, United Kingdom, 31st August 2022] Kinesis, the world’s leading gold and silver-based monetary system, has listed the XDC coin on the Kinesis Exchange. XDC will be tradeable against eight fiat pairs, including USD, GBP and EUR alongside Kinesis’ native gold and silver-based stable coins, KAU and KAG. Users can instantly trade their XDC against physical gold or silver on the exchange to start earning a yield on their assets through Kinesis’ array of...

[PRESS RELEASE – Kaunas, Lithuania, 31st August 2022] Aada Finance, a crypto assets lending platform, announces the imminent launch of the Aada Finance V1 lending and borrowing protocol on Cardano mainnet. The release is scheduled for the 13th of September, making Aada V1 the first lending and borrowing protocol to launch on Cardano mainnet. Aada V1 leverages the first-mover advantage After months of public testnet, Aada Finance is finally ready to deploy its...

Could the worst of the crypto bear market be over? According to former White House communications director and crypto bull Anthony Scaramucci, the price of bitcoin has officially bottomed out. Investors will not see things get worse from here, and he thinks BTC is fairly valued at around $40K. Scaramucci Thinks the Worst Is Over In a recent interview, Scaramucci stated: We believe that the leverage has been blown out of the system. I don’t think it’s going below the low...

Ireland increasingly becoming the 'go-to' funds jurisdiction globally Significant industry growth combined with a historic shift in behaviour means that Ireland is increasingly becoming the ‘go-to’ jurisdiction globally for funds, says Ocorian, the global diversified financial services group (please see the attached press release). That is being reflected in a historic change in buyer behaviour, as domiciling and entity decisions are no longer...