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Showing posts with the label investments

Cryptocurrency trader turns $1.1k into $1.62 million in 20 days

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Through precise identification of opportunities, a cryptocurrency trader has capitalized on the ongoing market momentum to record over 1,400-fold returns on their initial investments. The anonymous investor turned a modest $1,100 into a staggering $1.62 million within 20 days by capitalizing on the ongoing meme cryptocurrency rally, according to data shared by Lookonchain on November 17.  The traders’ returns began with their investment in the Solana (SOL)-based meme coin Urolithin A (URO). In late October, they spent 4.35 SOL ($768) to purchase 16.44 million URO.  Picks for you XRP or Cardano? We asked AI which crypto is a better buy for 2025 5 mins ago 2 cryptocurrencies to reach $5 billion market cap by the year-end

South Korea’s pension fund bags 280K Coinbase shares: SEC data

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South Korea’s National Pension Service, one of the world’s largest pension funds, invested $20 million in Coinbase in Q3 2023. The National Pension Service (NPS), a public pension in South Korea and one of the world’s largest pension funds, bought just over 280,000 share s of the global cryptocurrency exchange Coinbase in the third quarter of this year, an investment that has gained 39% in value since the purchase. The NPS acquired 282,673 Coinbase (COIN) share s in the third quarter of 2023, according to a stock holdings report filed with the United States Securities and Exchange Commission (SEC) on Nov. 15. The investment is worth $27.7 million based on Coinbase’s last recorded close of $98.15 on Nov. 15, according to data from TradingView. According to the SEC filing, the NPS has acquired its Coinbase stock batch for about $19.9 million, which implies that the pension fund’s profit equaled $7 million, or 39%. According to a report by the local news agency News1, the recent Coinb

Bitcoin pioneer Hal Finney couldn't be Satoshi Nakamoto, new analysis suggests

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The investigator, Jameson Lopp, compiled archived emails from 2010, data from a 10-mile race in California in 2009, and other evidence to make the argument. Bitcoin pioneer Hal Finney was competing in a 10-mile race at the exact time Satoshi Nakamoto was responding to emails and transacting on Bitcoin, newly surfaced evidence has revealed. For years, it has been commonly speculated that the late Hal Finney, a computer scientist, was the creator of Bitcoin. He was the first person besides Satoshi to download and run Bitcoin’s software and was the first recipient of Bitcoin. Finney, however, denied the theory until his passing in 2014. Jameson Lopp, a self-proclaimed cypherpunk and co-founder of Bitcoin custody fi Casa, doesn’t believe the speculation either. In an Oct. 21 blog post, Lopp shared new evidence that casts further doubt on the theory. Racing to send an email Lopp’s key evidence revolves around a 10-mile race in Santa Barbara, California on Saturday, April 18, 2009. Accordi

New crypto index platform makes cryptocurrency investing easier for novices and professionals

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Despite the rapid development of the cryptocurrency market, experts believe a lack of simple investment tools, particularly index investing, are holding back beginner investors. Investing has always been an important tool for boosting financial success, especially as inflation increases, and it becomes harder for people around the world to make ends meet. By adopting even a beginner investment strategy, many have found a solution to stay ahead of rising costs and build their wealth over time. Now, with the introduction of the cryptocurrency market, some investors have shown just how life-changing a small investment can make, as larger fluctuations generate higher profits and 24/7 operation times pave the way to a level of flexibility and convenience for those that work a nine-to-five job. Moreover, the barriers to entry are also reduced, as altcoins and fractional ownership enable people of all income levels to participate. With the potential for high returns, cryptocurrency investmen

Cointelegraph Markets Pro delivers trading alerts good for 65% gains in a choppy market

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Using proprietary indicators, Cointelegraph Markets Pro crunches real-time data to inform traders before the market moves. Navigating the ever-volatile terrain of the crypto market remains one of the most difficult jobs for traders — but much less so for members of the Cointelegraph Markets Pro community.  With an institutional-grade crypto intelligence platform at their service, Cointelegraph Markets Pro subscribers have been able to spot significant price movements for crypto assets before the market moves on a regular basis. This prescient ability is actually the working of Cointelegraph Market Pro’s algorithmic tools, which are designed to spot coins showing historically similar signs to coins that have moved significantly in the past. Last week, Cointelegraph Markets Pro alerts by the Newsquakes, Twitter Volume and On-Chain Activity indicators led Markets Pro members to opportunities to make 65% gains with just three trades! OAX (OAX) — 39% increase Most Active On-Chain activity

What are the Howey test and its implications for cryptocurrency?

The Howey test’s impact on cryptocurrency, explained — legal implications, compliance requirements and more. What is the Howey test? The Howey test is a legal test used in the United States to determine whether a transaction qualifies as an investment contract and, thus, is considered a security under federal law. The test was established by the U.S. Supreme Court in SEC v. W.J. Howey Co. (1946), and it has since been applied in numerous cases to determine whether various financial arrangements and offerings constitute securities.  According to the Howey test, a transaction must contain an investment of funds in a group venture with the expectation that all gains will come from group efforts. A transaction is deemed a security if it satisfies these requirements, in which case it is subject to federal securities laws and regulations. Understanding the criteria for a security The test involves three key criteria that must be met in order for a transaction to qualify as a security, as di

5 quick steps Markets Pro members used for 120X returns trading the news in 2021 & 2022

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Successful investors in the bear market turn to advanced machine learning algorithms and news indicators for trade opportunities. Want to learn a real strategy to potentially make a lot of money buying and selling cryptocurrencies? These secrets can’t be found anywhere else — but they are able to turn one’s entire financial situation around for the better in a very short period of time. Here’s how: We have often said that the key to crypto trading success is simple — one must get into select tokens before big price movements happen. The key question, of course, is how does one get in front of rallies before select tokens take off? Well, what we’re able to share is an elegant solution to this problem that Cointelegraph Markets Pro offers its members. One of the components powered by the advanced machine learning algorithms that make up Cointelegraph Markets Pro is: the NewsQuakes indicator! The importance of NewsQuakes It is by far the fastest, most comprehensive feed for tracking real

Sam Bankman-Fried denies moving funds from Alameda wallets

The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.” Sam Bankman-Fried, the former CEO of the now-defunct FTX exchange, has denied moving funds tied to Alameda wallets, days after he was released on a $250 million bond. On Dec. 30, Fried tweeted to his 1.1 million followers, denying any involvement in the movement of funds from Alameda wallet s.  In response to the allegations that he may have been responsible for moving funds out of Alameda wallet s, he shared: “None of these are me. I'm not and couldn't be moving any of those funds ; I don't have access to them anymore.” None of these are me. I'm not and couldn't be moving any of those funds; I don't have access to them anymore.https://t.co/5Gkin30Ny5 — SBF (@SBF_FTX) December 30, 2022 SBF’s tweet was in response to a news story published by Cointelegraph, which reported that a wallet address that