BingX has launched free SEPA and SEPA Instant payment services for Euro deposits, enhancing its fiat deposit options. This allows users to make real-time Euro deposits without transaction fees, facilitating immediate funding for trading opportunities. The exchange aims to improve accessibility and convenience for its growing user base.
Best Wallet has raised over $5 million in its presale for the BEST token, aimed at providing a cross-chain storage solution with multi-chain compatibility and advanced trading tools. The presale, currently priced at $0.0233 per token, allows staking, with over 63 million BEST already locked. The platform supports over 60 blockchain networks and features an integrated DEX for optimal trading rates, while future plans include a crypto debit card and advanced portfolio management tools.
Bitcoin faces downward pressure, with analysts predicting a potential drop to $80,000 amid bearish signals and low liquidity. Despite this, some see buying opportunities for long-term investors, especially as historical trends suggest typical corrections during bull cycles. The upcoming jobless claims data may further influence market volatility as traders monitor key price levels.
Tokenized ownership of New York City real estate is now accessible through the NYREF platform, allowing investors to buy fractions of properties starting at $1,000. The first offering is a multi-family building in the Bronx, valued at $18 million, divided into 18,000 tokens, providing a 5.52% annual return linked to a lease with the US Government. This innovative model enhances liquidity and democratizes access to one of the world's most lucrative real estate markets.
Stocks showed mixed results as the Dow dropped 0.3%, while the S&P 500 and Nasdaq gained 0.3% and 0.7%, respectively, amid concerns over the Fed's interest rate strategy. Semiconductor stocks surged, with Nvidia and Broadcom seeing significant gains. Economic data revealed a sharp decline in US consumer confidence, marking the largest drop since November 2020, as uncertainty looms over the economic outlook for the coming year.
Ethereum (ETH) has seen a 15% price drop recently, yet on-chain metrics indicate a strong bullish sentiment among traders. The rising Estimated Leverage Ratio (ELR) at 0.53 and a positive funding rate of 0.016 suggest optimism for a potential rally towards the $4,000 mark. Currently trading at $3,344, ETH could break resistance at $3,439, paving the way for further gains, although a continued decline could see it drop to $3,232.
North Korean hackers are reportedly probing Hyperliquid, a rapidly growing DeFi project, raising concerns about potential security vulnerabilities. Following a significant drop in the HYPE token's value and a historic outflow of $211 million, experts warn that the platform's limited validator set could make it an easy target for exploitation. Despite reassurances from Hyperliquid that all user funds are secure, skepticism remains high among industry experts.
UBS has been fined 250,000 euros by Luxembourg's financial regulator for breaches related to Credit Suisse's management of Greensill funds prior to their merger. The violations included conflicts of interest, inadequate asset valuation, and failure to conduct proper due diligence on delegated portfolio management. The CSSF highlighted serious shortcomings in organizational requirements and investor information, leading to significant losses for investors when Greensill collapsed.
El Salvador plans to boost its Bitcoin reserves by an additional 20,000 BTC, increasing its total holdings to approximately 26,000 BTC, valued at over $2.4 billion. The country has ramped up daily purchases to 11 BTC, reflecting President Bukele's commitment to Bitcoin as a national wealth reserve. Despite a new IMF loan agreement requiring some restrictions, the government maintains that Bitcoin will remain legal tender and continues to promote its adoption.
Elon Musk expressed he would be "shocked" if President Biden does not pardon Sam Bankman-Fried (SBF), the former CEO of FTX, who is serving a 25-year sentence for fraud and embezzlement. Speculation about a pardon has increased due to SBF's significant political donations and connections, with odds of clemency rising from 4% to 13%. Meanwhile, Ross Ulbricht, creator of the Silk Road, has a 9% chance of receiving a pardon, with potential support from Donald Trump, who has pledged to consider it.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings