US Stock Market Crash: How To Protect Capital And Profit With PrimeXBT?

The Nasdaq is down more than 25% from its highs, demonstrating the carnage across the board in tech stocks. The S&P 500 has also begun to roll over, dropping nearly 20% from record highs. The Dow Jones Industrial Average has held up better but is still down a shocking 15%. The sky seems to be falling in the stock market, so what’s an investor or trader to do?

Fortunately, there are more options and alternatives out there beyond the traditional buy and hold method of making money off the stock market. Many such tools can be used to protect capital during downtrends and turn crashes into profits. Here is how you can protect your capital and profit from stock market madness using PrimeXBT.

Growing Risk Across Global Markets Elevates Volatility

To combat the onset of COVID and the impact of lockdowns on the economy, the United States Federal Reserve began expanding the monetary supply in cooperation with central banks and lowered interest rates, which helped to flood the market with capital. This capital made its way into the stock market, cryptocurrencies like Bitcoin, and other risk assets.

These assets exploded, bringing some of the best gains investors have seen in years. A sharp, V-shaped correction was all that was left behind post-COVID, then a parabolic rally that late last year came to an abrupt end. The very reasons that pumped markets are now the cause for its collapse. The Fed began tightening its monetary policy and raising interest rates for the first time in years. The result was an immediate selloff in anticipation of it all.

Making matters worse, the supply chain is still severely disrupted due to the pandemic, China remains in lockdown, war is waging across Europe, and United States inflation is the worst it has been in more than 40 years. Oil prices and other essential commodities are also skyrocketing. Investors fear the end of the growth cycle in stocks for the next several years or potentially more.

Stock Market Crash And Cryptocurrency Correction Explained

In response to the growing global turmoil and runaway inflation in the United States, the US stock market and its most popular stock indices have taken an extreme beating. No index has suffered worse than the Nasdaq, which represents a basket of top tech stocks from the sector.

The stock market also was brought down further by surrounding bearish sentiment related to the cryptocurrency industry, which was the target of a strategic attack of an algorithm stablecoin in an attempt to crash the market. The attack was a success, and cryptocurrencies, especially altcoins, were obliterated.

No cryptocurrency suffered worse than Terra LUNA, which fell from prices close to $100 per token to under a penny in less than a month. The attack also damaged the peg of stablecoin UST and took the price of Bitcoin to a low of $25,000 per coin.

How PrimeXBT Helps Traders Protect Capital And Profit

How is it possible to protect capital and even profit from the storm when such extraordinary volatility strikes? With the award-winning margin trading tools offered by PrimeXBT, anything is possible. Stop-loss protection would have triggered and prevented any unwanted severe drawdown. A short position could have possibly made the selloff profitable. PrimeXBT provides the complete flexibility of long and short positions using leverage, even simultaneously for hedge positions.

The platform has more than 100 different trading instruments listed, ranging from crypto to stock indices, commodities to forex, and more. All of the major US stock indices mentioned above, such as the Nasdaq, S&P 500, and Dow Jones Industrial Average are available to trade on the same platform as Bitcoin, Ethereum, and other altcoins. Gold, oil, and every other major asset is included.

Even PrimeXBT traders could have profited from the catastrophe in LUNA. As one of the many newer altcoins the platform has recently added, traders who were short LUNA had the opportunity to short it all the way down to zero. Investors in LUNA lost everything, while PrimeXBT traders raked in all the profit.

Prepare For Anything And Everything With PrimeXBT

PrimeXBT also provides other ways to help investors and traders survive markets when things get chaotic. Covesting copy trading lets followers copy the trades of other, more skilled strategy managers who prove their worth via a transparent leaderboard system. Covesting strategy managers have more than 5,000% ROI following the aftermath of the recent stock market and crypto crash, showing that it is very possible to protect capital and even profit substantially during downtrends.

Covesting yield accounts let crypto holders earn passive income through a variable APY on any idle crypto assets. APY rates reach as much as 14% during peak market conditions. This no-stress solution makes connecting to top DeFi platforms as simple as a click, right from within the PrimeXBT account dashboard.

While the damage has been done, it doesn’t need to be this way in the future. The next time volatility strikes, make sure you are registered for a platform that provides you with the tools above. PrimeXBT makes it possible to protect capital and stay profitable, even in the worst situations that markets have seen. Be prepared for anything and everything with PrimeXBT.

The Development of New Crypto Ecosystems with Empowering Financial Tools – Mountanaz (MNAZ), Binance Coin (BNB), Ethereum (ETH)

This article will explore the extent to which Mountanaz (MNAZ), the Binance Coin (BNB) and Cronos (CRO) bring to crypto new technologies and how this potentially impacts the value of these coins.

Mountanaz (MNAZ) – integrating user-friendly financial tools to the blockchain

Mountanaz (MNAZ) is a newly conceptualised token operating on the Binance Smart Chain (BSC) which aims to provide its holders with new financial tools to educate and strengthen them.

Mountanaz (MNAZ) seeks to create an ecosystem which puts its users at the centre of their strategy. Thanks to the development of a decentralised autonomous organisation (DAO), the $MNAZ team is conceptualising a decision-making structure which gives more opportunities to the community to get involved in important decisions for the token.

Moreover, the Mountanaz token seeks to integrate an array of financial tools to empower its community, all existing under the ‘Lending Pool’ function. This feature will allow for holders to lend tokens which will be returned to them with an interest rate. Amongst other functions, users will also be able to borrow tokens which they will be able to return at a later stage.

Built on the BSC, which gives Mountanaz (MNAZ) a high level of security and a high level of scalability with all the benefits that come with it, the token team’s experience and knowledge will surely make it a promising one.

Binance Coin (BNB) – an important exchanger with powerful financial tools

The Binance Coin (BNB) is the native coin of the Binance Smart Chain (BSC), one of the most important blockchain in the crypto market. Created by the Binance team, the most popular crypto exchanger worldwide, BNB is at the heart of the Binance ecosystem and has great potential for long-term viability.

BNB is used to operate and manage most ‘memecoins’ and DeFi coins which launch on the BSC as coin creators must fill the liquidity pull or operate the first exchanges with the coin in BSC’s native token.

With Changpeng Zhao as its CEO, Binance has the chance to benefit from the experience and investment capital of one of the world’s wealthiest men, whose net worth is estimated at around $96 billion. In this way, Binance has acquired in recent years Coin Market Cap, one of the most popular token price checkers out there.

Binance, which is making prominent investments in companies such as Tesla or Twitter, will without a doubt continue the development of the Binance Coin (BNB). As the technology and utilities around the BNB increases, its use will grow and in turn its value increase with it.

Cronos (CRO) – delivering crypto financial tools through a user-friendly interface

CRO is the native coin of the Crypto.com app and the Cronos blockchain. It is at the heart of the Crypto.com ecosystem which seeks to democratise crypto use and make it more accessible to more people.

The Crypto.com platform at its core is one of the most successful in bridging the gap between fiat and crypto uses and provides conventional, derivatives and margin trading to its users. This allows Crypto.com users to trade using either their initial funds or loans provided by the Crypto.com platform.

With its more than 25 million users, 4000 employees and having processed more than $415 billion, the Crypto.com app and their native token Cronos have secured themselves a comfortable position. It is also likely to develop its services further, in turn increasing its utility and potentially its value.

As cryptocurrencies use increases and financial tools develop further too. In this process, projects such as Mountanaz (MNAZ), the Binance Coin (BNB) or Cronos (CRO) will undoubtedly stand out as they develop their technologies further and expand the reach of cryptocurrencies.

Join the Presale:

Presale: https://purchase.mountanaz.io/register

Website: http://mountanaz.io/

Telegram: https://t.me/Mountanaz_Token

Twitter: https://twitter.com/mountanaz

Instagram: https://www.instagram.com/mountanaz_token

Flowbank, The Swiss Online Bank With the Largest Crypto CFD Offering in Switzerland, Continues to Add Even More Digital Assets.

This month they announced further additions with Avalanche, Polygon, Decentraland, The Sandbox, and OmiseGO to their trading platforms. This makes FlowBank the Swiss bank with the largest crypto CFD offering. Traders will have 24-hour access to crypto markets through their advanced trading platforms FlowBank Pro and MT4. The bank also intends to add its crypto offering to MT5 which is planned to launch later this year.

Crypto CFD trading has many advantages as compared to trading physical cryptocurrencies. For instance, traders don’t need to worry about the hassle of a digital wallet, key storage, and hacking risks. With FlowBank, there is also the added assurance of trading with a Swiss-regulated bank.

Discover the full overview of benefits:

  • Trading with the security of a Swiss bank (regulated by FINMA)
  • Crypto CFDs available on FlowBank Pro and MT4
  • Zero commissions on Crypto CFDs
  • Trade 24 hours a day including weekends
  • 24/6 Swiss-based customer support
  • Multi-currency account, with over 15 currencies
  • Increase your potential gains with leverage
  • Advanced trading tools and in-depth market research
  • Tight spreads across all FX pairs

FlowBank offers CFD trading on equities, commodities, Forex, Metals, and Indices with very competitive spreads. FlowBank continues to provide its customers a robust crypto offering together with low costs, better technology, and a dedicated customer support team in Geneva It aims to deliver the best trading experience with a focus on security, speed, and reliability.

The bank is focused on a customer-centric approach. Account openings can be done completely online with an intuitive digital onboarding process. Furthermore, clients have a dedicated multi-lingual customer support team to assist if needed during the process. There are no minimums to get started, no account opening fees, and no account maintenance fees. The bank boasts transparent pricing all of which can be found on its website.

FlowBank is pleased to be able to continue to offer its clients new digital assets in addition to the traditional asset classes available to invest in and trade on its multi-asset and multi-currency platforms. Get the FlowBank advantage today, open an account and start trading.

About FlowBank

FlowBank was founded in 2020 and is licensed by the Swiss Financial Market Supervisory Authority (FINMA). FlowBank’s mission is to make investing more accessible for everyone by combining the highly developed technology of a fintech business with the security of a Swiss bank. It does so through intuitively-designed trading platforms, educational trading courses led by seasoned experts, and by offering highly competitive pricing across asset classes.

Today more than 50,000 financial products including stocks, ETFs, bonds, options, Forex, CFDs, and more are available to trade with FlowBank, allowing both private and institutional clients to invest in a wide range of asset classes on its platforms: FlowBank app and FlowBank Pro as well as the MT4 platform.

Risk Warning: CFDs are complex instruments. Please make sure you understand the risks that come with leveraged products.

For more information click here.

Can RoboApe (RBA) Token Rise Amongst The Meme Coins After DogeCoin (DOGE) and Shiba Inu (SHIB)?

People show interest in these meme coins just because of the name/inside joke associated with them, and their value is added by providing liquidity.

As more people buy these coins, the value increases. This act was witnessed throughout 2021 when Shiba Inu (SHIB), an Ethereum (ETH) based meme coin that holds the Shiba Inu dog as its mascot, skyrocketed multi-folds.

As with DOGE and SHIB, RoboApe Token (RBA) is a futuristic meme token that will redefine meme token culture by addressing economic issues and empowering crypto enthusiasts through their Token Generation Event (TGE) very soon.

DogeCoin(DOGE)

Dogecoin (DOGE) is an inherent meme coin launched in December 2013 by Jackson Palmer and Billy Markus. It is based on an internet meme about the Japanese dog breed, Shiba Inu.

It caters to many crypto investors due to the blockchain technology it is based on, Litecoin (LTC). Despite its unlimited supply, it has a lot of hype among crypto peeps.

It gained popularity after the CEO of Tesla and SpaceX, Elon Musk, tweeted that he was working with its developer to add support for the coin to make some purchases from the auto company’s website.

Musk has been a staunch supporter of DogeCoin as he believes that it can act as an alternative to Bitcoin (BTC) in terms of lower transaction costs and an alternative to Ethereum (ETH) in terms of DeFi space.

Today, Dogecoin (DOGE) has become one of the top 10 cryptocurrencies based on market cap, with a valuation of over $12 billion.

Shiba Inu (SHIB)

The “Dogecoin killer”, an alternative name to Shiba Inu (SHIB), is among the top meme coins by popularity and market cap. It was launched in August 2020 by an anonymous individual or a group pseudonym as Ryoshi.

It is an Ethereum (ETH) based altcoin that also features the Japanese hunting dog breed, the Shiba Inu, as its mascot.

Shiba Inu’s ecosystem has three variants SHIB, LEASH, and BONE, powering the protocol, each with a specific use case. It has helped the SHIBArmy (Shiba Inu’s supporters) to earn passive income on these tokens by allowing them to put these three variants at stake.

Where SHIB acts as a medium of exchange, LEASH, which is limited in quantity, provides staking rewards for the holders. Lastly, BONE, which acts as a governance token, gives the users the right to vote on any upcoming proposal.

The price of Shiba Inu rose multi-fold in 2021, giving it a peak market capitalisation of $41 billion (on October 29, 2021). It became the most popular cryptocurrency and has helped many crypto enthusiasts make tons of money.

RoboApe Token(RBA)

The RoboApe Token (RBA) is a unique meme token addressing economic difficulties. With its sustainable community development and rewarding culture, this token is conceived to potentially change the crypto world.

The RoboApe ecosystem will be driven by the ERC-20 RBA token that will provide Crypto enthusiasts with a wide variety of benefits such as:

  • RoboApe NFT Marketplace: It will allow the RBA token holders to participate in NFT trading card minting events, allowing individuals to mint NFTs for themselves and the community.
  • RoboApe eSports: The RBA meme token will help the players earn incentives and provide transparency by levelling the playfield with unique e-gaming events with secure RBA crypto token payments.
  • RoboApe DAO: The RBA token holders can also participate in the platform’s governance to influence the RoboApe platform’s development and future upgrades. Thus, it will provide voting rights to crypto holders.
  • RoboApe Swap: Investors will be able to swap cross-chain tokens with the RoboApe DeFi platform.
  • HODLING: Individuals hodling the RBA token will get much more profits in the long term through various incentives and rewards that they will declare soon.

The aim is to make this token a community-driven decentralised autonomous organisation (DAO), providing the RoboApe community with development initiatives, resources and decision-making rights.

Conclusion

Meme coins are often collected or traded by people who want to be part of the joke. Like other cryptocurrencies, DogeCoin (DOGE) and Shiba Inu (SHIB) have their respective communities and have provided exponential returns to their investors.

The RoboApe token (RBA) can be a useful cryptocurrency despite being a meme coin. The ecosystem planned for the token benefits the community and is centred around meme culture, therefore will appeal to many different people.

If you want to find out more about RoboApe click below:

Presale: https://ape.roboape.io/register

Website: http://roboape.io/

Telegram: https://t.me/ROBOAPE_OFFICIAL

Twitter: https://twitter.com/ROBOAPE_TOKEN

Instagram: https://www.instagram.com/roboapetoken

Can RoboApe (RBA) Meme Coins as Dogecoin (DOGE) and Shiba Inu (SHIB) Decrease in Value?

After a bad couple of weeks in the crypto space, especially for meme coins, it’s difficult to predict when they will see a rise in value, and if it will be any time soon. Being the two biggest meme coins on the market, with DOGE holding the 11th rank and SHIB holding the 15th, we can expect them to rise over time, despite the uncertainty within the crypto market at the time.

Dogecoin (DOGE)

Initially created as a joke, making fun of cryptocurrencies at the time, DOGE became the first-ever meme coin, and soon became the biggest one in the space, and has continued to keep that rank over the years. However, it has seen a significant decrease in value over time, setting the pace for all of the other meme coins.

Shiba Inu (SHIB)

The second-largest meme coin in the market is Shiba Inu, another one that has had a major downfall in recent weeks, despite having new announcements to capture investors and users. After announcing that the SHIB token can now be used to purchase virtual land in the SHIB Metaverse, there has not been a rise in value as expected.

The question is, does the crypto market need something different, especially when it comes to meme coins to keep them going?

RoboApe (RBA)

A new coin to enter the market, RoboApe has a lot more to offer than the basic meme coin.

One of the differentiating factors is the RoboApe Academy: an important part of the RoboApe ecosystem, inviting newcomers to the crypto world, and educating them on everything crypto. This will help new people enter the crypto space as people will have easy access to learning about the market and how to invest.

Delivering world-class education on blockchain systems, cryptocurrencies, security, finance, and the underlying decentralised concepts that enable DeFi, dApps, and DAOs, as well as other areas to assist individuals to grasp the fundamentals of crypto.

RoboApe Academy’s main targets include:

  • Sharing the most recent crypto news.
  • Delivering information through a variety of articles, videos, and other media.
  • Keeping updated with the latest trends.
  • Allowing individuals to get certified after completing exclusive courses.

Although this is free for all users, investors holding the RBA token will have access to exclusive guides with further information on various topics.

Can this save the downfall of the meme coin?

RoboApe is very new and has a lot to offer to users that other coins have not in the past. With the RoboApe Academy being one of its strengths in educating individuals for free, this will have a major impact on not only RoboApe’s coin value but all cryptocurrencies in the market.

At a time when Dogecoin and Shiba Inu are suffering, RoboApe will be taking over.

Find out more:

Presale: https://ape.roboape.io/register

Website: http://roboape.io/

Telegram: https://t.me/ROBOAPE_OFFICIAL

Twitter: https://twitter.com/ROBOAPE_TOKEN

Instagram: https://www.instagram.com/roboapetoken

Climbing the Cryptocurrency Peak: Mountanaz (MNAZ) and STEPN (GMT) Rising in Popularity

Decentralized Finance (DeFi) came into being to try and counter that obsolete and slow financial system. DeFi is an open, decentralized, and transparent financial system based on blockchain and permissionless applications.

Decentralized finance has been around since 2013 and has grown in popularity in recent years. The value of DeFi has risen from $601 million (2020) to $239 billion in April 2022, according to a new study.

Mountananz (MNAZ) Hiking to the Top of DeFi

Mountanaz (MNAZ) is a scalable DeFi protocol powered by Binance Smart Chain (BSC), as BSC presents a true and practical answer to the Ethereum (ETH) scalability issue. The BSC blockchain is interoperable with the ETH ecosystem, so their coding languages are very compatible. This creates a level of familiarity between the projects allowing for information and ideas to be easily shared.

MNAZ’s sharding approach, inspired by the upcoming ETH 2.0 upgrade, sets it apart from previous initiatives and competitors. Simply explained, sharding distributes the work of a blockchain block. “Sharding” involves modifying the blockchain architecture so that each node (or block) only has to retain a part of the data and transactions.

MNAZ will have tremendous support when it becomes fully tradable in Q2. Its qualities speak for themselves. With scalability in mind, the project developers created this latecomer to the DeFi universe that could definitely be another great success story.

The presale is open now and joining early could generate millions for investors.

The developer of the Mountanaz Foundation (MNAZ) is still unknown. However, what we know so far is that the creator (or creators) goes by the alias of Reinhold Irvine. The codename is based on two historical climbers of Mount Everest and it is a metaphor for achieving the pinnacle of one’s potential and never ceases progressing.

To accomplish its objectives, the platform uses the most powerful yet simple frameworks possible, enhancing accessibility for all

Anyone with a smartphone and internet access can access cutting-edge financial services.

STEPN (GMT) Solana-based game is thriving despite its high cost

A new type of GameFi is gaining traction as the play-to-earn (P2E) sector comes under fire following the $620 million “Ronin heist”, which has brought the industry under scrutiny.

The Find Satoshi Lab’s move-to-earn initiative STEPN, which is based in Solana (SOL), generated a huge $26 million in the first quarter of the year. Moving to earn is a concept similar to that of “playing to earn”. In this case, users are compensated in cryptocurrencies for the number of steps they take.

Meanwhile, while P2E games encourage online gaming, STEPN is quickly developing as a pioneering example of GameFi, which encourages users to engage in physical activity and healthy living. Users that purchase the Non-Fungible Token (NFT) in the game will be able to win incentives for each step they take.

As the STEPN network expands in strength, this is having spillover consequences. STEPN 5K, which will take place in conjunction with the AthensDAO convention of Solana-based decentralized autonomous organizations (DAO) in late May, is an example of an event that could have a positive effect on the industry.

STEPN demonstrates “real-world crypto applications” to the public.

STEPN is successful in simplifying and streamlining the overall experience, as follows:

Users are rewarded in the app’s native currency for taking steps towards a healthier lifestyle. The price of GMT grew by 50% in the last month alone, according to CoinMarketCap.com, which is the most prominent website for cryptocurrency price tracking.

However, much like the P2E behemoth Axie Infinity, earning the benefits requires NFT ownership. Customers who utilize the STEPN mobile application can exchange SOL tokens for NFT sneakers, and then they can begin running.

As the price of the sneakers is expensive, STEPN is introducing a rental function.

If the rental function is implemented, people who are (NFT) shoeless will be able to effectively rent out other players’ sneakers completely free and split the revenue generated by their running activities with the owner.

However, play-to-Earn (P2E) digital asset leasing has been criticized for resulting in “digital serfdom,” in which players who cannot buy the NFTs required to play digital games have to rent from third-party lenders, who expose gamers to long hours of playtime with little reward.

In short, Mountanaz’s transparency and accountability greatly transcend centralized banking systems due to the infallibility and openness of blockchain technology and as evidenced by the STEPN figures, people are more than prepared to pay for exciting move-to-earn experiences so start investing today, you just never know where it may lead you.

Check out the links below for more information:

Presale: https://purchase.mountanaz.io/register

Website: http://mountanaz.io

Telegram: https://t.me/Mountanaz_Token

Twitter: https://twitter.com/mountanaz

Instagram: https://www.instagram.com/mountanaztoken

Is Decentralisation The Solution We Think It Is?

Decentralised networks eradicate the ability of any one person to have control over another in any way.

There are different ways decentralisation in blockchain technology has shown itself. Decentralised Apps (DApps), Decentralised Finance (DeFi), Decentralised Autonomous Organisations (DAOs), Decentralised Exchanges (DEXs) etc… There are a lot of blockchain projects making an impact in DeFi like Avalanche (AVAX), Uniswap (UNI), Chainlink (LINK), and a new token Parody Coin (PARO).

Decentralisation As The Future

Although it might seem like it, decentralisation is not as new a concept as people think. Centralised systems became a necessity when there wasn’t enough information readily available. However, with blockchain technology, and the virtual ledger, everything is recorded and information readily available.

Also, due to its distributed nature, there’s a lower chance for failure as even if one or more computers in the network go off, the rest of the system can keep going. This also means that not having all the data stored in a database makes it harder for a hack to happen. Not to mention, personal data will be owned by individuals and not big corporations which puts control back in people’s hands.

It’s not news that whoever controls information might very well control the world. Decentralisation provides a “trustless” environment which essentially means that no one has to trust anyone. Everyone in the network has access to the same data in the form of a distributed ledger.

Then there is decentralised finance (DeFi) which opens up the world in a whole new way. It is borderless; anyone, anywhere with a phone and internet access can use the services without the burden of country laws, border politics, or anything else.

According to a report in 2019 by the Financial Stability Board, DeFi might provide better financial stability and diverse financial structure while reducing the importance of existing industries and the amount of trust that people need to place in them. As mentioned above, there are several projects in DeFi and a promising new one is Parody Coin (PARO).

New Deflationary Token, Parody Coin (PARO) in its Presale Phase

Parody Coin (PARO) is a BEP20 utility token built on Binance Smart Chain (BSC) that will give its users the capacity to mint parodies of popular NFTs and trade them for money. This is a solution to the challenge of high gas fees that makes NFTs inaccessible and incredibly expensive.

The platform will have various avenues for users to make passive income, one of which is its Paroflection which is built on the token reflection model. This means that the fees that users are charged will be split into various branches. Each transaction is charged a 10% tax which is then distributed as; 5% to its token holders, 3% to liquidity pools, and 2% to the coin burn wallet. The token is in its presale phase now and is doing very well.

It is important to note however that with all these advantages and world-changing benefits of decentralisation, it has its issues. Some of which include; high costs, loss of control that might lead to anarchy, misuse of authority, and difficulty in coordination.

Wrapping Up…

With all these possible challenges to decentralisation, could it still be the future like the world hopes? That is a conclusion that must be drawn individually by everyone involved. Individuals will have to decide if they trust in the vision or not. However, we should know that centralisation was also an innovation and for however long, it worked, but not anymore. As humans, change is the only constant thing that exists and it might be time to jump on this one. Decentralisation just might be the future.

For More Information On Parody Coin (PARO)

Presale: https://presale.parodycoin.io/register

Website: https://parodycoin.io/

Telegram: https://t.me/PARODYCOIN_OFFICIAL

Twitter: https://twitter.com/ParodyCoin

Instagram: https://www.instagram.com/parody_coin/

How will the new token, FIREPIN Token (FRPN) measure up to giants like Solana (SOL) And Ethereum (ETH)?

At the forefront of technological advancement right now is cryptocurrency, with over 17,000 cryptos existing around the world, it’s safe to say that the market is likely to see more growth.

Solana (SOL) and Ethereum (ETH) have made their stand as two of the world’s top dogs in blockchain technology, ranking 6th and 2nd respectively. One new crypto is being talked about right now in the blockchain community and it’s FIREPIN Token (FRPN).

We will take a look at the unique selling points of these three coins; the two giants and the newbie. This will enable us to discover if the newbie can match up to what the giants have achieved and join their league. Let’s get started.

FIREPIN Token (FRPN)? What is it?

FIREPIN Token (FRPN) is a new crypto that began its presale back in February. It aims to become a completely community-driven DAO currency. According to its whitepaper, it says that they hope to build one of the world’s biggest communities for crypto and facilitate the growth of the value of its native token. This gives the users the power to decide what happens regarding the future of the token.

This blockchain platform states that it plans to make use of the treasury funds that are assigned to users in Metaverse Virtual reality as well as NFT games.

They also plan to help connect the top 5 leading blockchains in the world. With such, users will be able to fill a void in the market that doesn’t allow them to access different blockchains of choice when they wish to. This will let them utilise all of the blockchains FIREPIN is available on, this alternative will stop costly bridging across chains and maximise gains.

Solana (SOL) and Ethereum (ETH): Brief History

Solana (SOL) and Ethereum (ETH) have been battling one another since SOL emerged into the crypto world. Solana entered the crypto market with the nickname “Ethereum Killer” and that’s because of its unique offerings of swift transaction speed with very low fees.

Ethereum (ETH) on the other hand has been on the market as number 2 just behind Bitcoin (BTC), for a number of years now. One of Ethereum’s unique selling points is the fact that it’s the blockchain that gives users the ability to carry out reliable transactions through their blockchain technology whilst providing the basis for thousands of other projects.

Can FIREPIN Token (FRPN) match up to these two giants?

Looking at the general success of both Solana (SOL) and Ethereum (ETH), it’s easy to ask the question, how exactly is FIREPIN Token (FRPN) going to measure up to these two?

According to their whitepaper, FIREPIN Token (FRPN) is a decentralised autonomous organisation (meaning it will offer community voting power to users), since it’s a blockchain that’s centred around its user’s needs.

Cultivating a community that will rally and support the token during rough patches is essential to the potential success of a cryptocurrency. Giving the power to the community rather, than a centralised group, will give holders the confidence to move forward with the token.

Once FIREPIN (FRPN) is released and placed on several exchanges and listing websites, it could further increase past its presale price. Since stage 1 of the presale, its price has seen a tremendous increase.

For a presale that started at $0.000067, it reached a value of $0.0023 in a matter of one month. With that in mind, it could be a good idea to get invested before launch to maximise the potential earnings from the crypto.

The FIREPIN (FRPN) Presale Can Be Found Here:

Presale: https://presale.firepin.io/register

Website: https://firepin.io/

Telegram: https://t.me/FIREPINOFFICIAL

Twitter: https://twitter.com/FIREPIN_io

ACY Securities Sponsors Child Protection Charity Barnardos

Recognised for its technology innovation that enables traders to participate in global financial markets, ACY believes in giving people in need the opportunity and support that can help set them up for a better life.

Ashley Jessen, Chief Operating Officer at ACY said, “With their focus on empowering every child to reach their full potential, Barnardos plays an important role in shaping the future of our young generation. We at ACY are privileged to be part of this vital work in supporting children and families across Australia. As most of our team are parents, this charity hit home, and we can’t wait to make a positive difference in their lives and see these children blossom.”

The Barnardos sponsorship will give ACY and its employees another opportunity to do volunteer work through different outreach programs.

Since 1921, Barnardos has provided vital support to thousands of vulnerable children, young people and families each year. Barnardos’ early-intervention and crisis care services combat family and domestic violence, drug and alcohol abuse, mental health, poverty and homelessness, to strengthen families and support vulnerable children to recover and thrive.

Mark McDaid, Head of Philanthropy and Partnerships at Barnardos Australia said, “We are delighted to welcome ACY Securities as a partner of Barnardos Australia. Their commitment plays a vital role in transforming the lives of vulnerable children, young people and families.

Just as ACY aims to empower their clients, Barnardos’ vision is to empower every child in Australia to reach their full potential. And it is only thanks to the vision and generosity of our amazing supporters that we can continue to act in the moments when children and families need us most.

Barnardos look forward to working with the entire ACY Securities team and thank them for being champions for children!”

ACY’s sponsorship of Barnardos also coincides with the celebration of the National Volunteer Week from 16th-22nd May 2022.

About ACY securities

ACY Securities is one of Australia’s fastest growing multi-asset online trading providers, offering ultra-low-cost trading, rock-solid execution, technologically superior account management and premium market analysis. The key pillars we operate on are transparency, client-focus and technology. With a track record of servicing clients since 2011, we are well-positioned to look after your trading needs.

Giant UAE – India Free Trade Deal: All You Need to Know

The bond between India & UAE has been bolstered from trading & bartering clothes and spices for dates and pearls, to contemporarily share not only economical but also political and cultural links, for decades.

The relationship between the Southeastern and Middle Eastern Asian nations is expected to be substantially reinforced, as they have signed a Comprehensive Economic Partnership Agreement (CEPA) in February with the goal of growing the total value of bilateral goods to more than $100 billion, and traded services to over $15 billion within the next five years.

“$100 billion is just a starter. As we go along, it will become $200 billion and then $500 billion in the years to come”, as noted by India’s Commerce Secretary B.V.R Subrahmanyam, which also added that “99% of our [India’s] exports will go to zero duty in the UAE”. Ultimately, this lays the ground for a free-trade pact, which is unshackled from quotas and tariffs. Why is this historic agreement so significant?

The Bottom-line

The gigantic free-trade agreement will provide a considerable boost to economic growth, job creation and cost reduction for both nations. Enhanced market access and significantly minimized tariffs & other trade barriers, which according to the India’s External Affairs Minister S. Jaishankar, will “open new opportunities in both trade in goods and services, and will lead to enhanced investments”. According to the UAE’s Minister of State for Foreign Trade, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, “the India-UAE CEPA is the largest agreement of CEPA that we [UAE] are going to sign”.

The bottom-line is that more goods & services will flow between the two nations, via a faster, easier and cheaper trade mechanism. As international trade soars, so will the economic growth of both the UAE & India amid global complications, record-high inflation in many regions of the world and escalating oil prices. From a macroeconomic viewpoint, this free-trade agreement will support the two nations in retaliating against a potential upcoming worldwide recession.

The Benefit to India

India truly sets an example for the power of strong international economic relations. The country has been a pioneer in forming resilient & long-lasting alliances with other nations for decades. The free trade agreement (FTA) with the UAE will significantly fortify India’s international and domestic capabilities, as well as prospects for economic growth.

The UAE is offering duty elimination of over 97% of its tariff line, which account for 99% of exports from India to the UAE. This will ease the flow of many Indian goods into the Arabic supernation, including gems, jewelry, textiles, leather, footwear, sport goods, pharmaceutical products and agricultural products.

Currently, the UAE is India’s third largest trade partner, and this will give India a privileged deal, as well as promote investment and trade flows between the country. This will create more jobs in the sectors directly involved with the goods mentioned, which also includes government procurement, e-commerce and intellectual property rights. Such service & technology intensive industries will enjoy preferential treatment from the UAE, which is regarded as one of the world’s fastest growing economies of the modern era.

The Benefit to the UAE

Since the discovery of oil in the United Arab Emirates with oil exports beginning from the Abu Dhabi emirate in 1962, the commercial tie between the UAE and India has undergone a drastic change. Dubai has established itself as a regional trading hub in the early 1990s. India imports many items from the UAE other than petroleum and petroleum products, such as precious metals, chemicals, stones, plastics, electrical equipment, among many other products.

How will the deal be advantageous to the United Arab Emirates? India, which is regarded as the UAE’s second-largest trading partner in 2021, is set to slash the import duty on dates, cement, metals and crude oil from the UAE, which account for 90.7% of the products which flow to India from the UAE. Furthermore, India aims to wipe out tariffs for more goods & services in the next five to seven years.

Given that trade between the two nations is under liberalized and relaxed norms, investments from abroad to the UAE will also be boosted, as the nation would be escalating through the national ranks due to the free flow of goods, services, people and money. Currently a touristic & regional trade hub, the UAE is set to witness more years of growth and prosperity, and this agreement has smoothened the road and quickened the process towards economic superiority.

Recent Revelations

The dual-sided, ground-breaking trade deal is believed to have taken effect since the first of May, which marks over two weeks of the deal up & running since the date of writing this article. Among the most recent revelations of India’s first trade agreement with a major trading ally in over a decade, is the launch of the India – UAE startup bridge; an initiative which enables investments coming from the UAE towards India startups.

The bridge will provide UAE with India’s seasoned expertise in the sector, as well as provide a financial boost to Indian startups forming in the UAE. Indian Commerce and Industry Minister Piyush Goyal said lately that there is a substantial number of startups emerging in the UAE, with over 65,000 startups and 100 unicorns registered with the ministry in the United Arab Emirates. This will benefit both nations in many industries, including financial services, industrial production, food security, logistics and even entrepreneurship.

Written by team of analysts of Golden Brokers

3 Exciting GameFi Platforms To Try Out Today – Axie Infinity (AXS), The Sandbox (SAND), and Pac-Man Frog (PAC)

As a matter of fact, the crypto/NFT gaming space generated over $2.3 billion in Q3 2021, according to a report by Blockchain Game Alliance (BGA). This came shortly after the NFT and crypto buzz of 2020.

In this listicle, we’ll uncover 3 exciting GameFi platforms to try out today. They include Axie Infinity (AXS), The Sandbox (SAND), and Pac-Man Frog (PAC). Let’s get on it!

What is GameFi?

DeFi-GameFi, also known as GameFi for short, refers to incentivised blockchain games where you play to earn crypto or NFTs (p2e) or hold cryptos or NFTs to feature.

GameFi originates from the portmanteau of ‘game’ and ‘finance,’ just as in the word ‘DeFi’ (decentralization and finance). The word was first used in a tweet by foremost DeFi innovator and founder of Yearn Finance, Andre Cronje.

GameFi is increasingly becoming a household name for Metaverse games. You complete tasks, feature in battle bouts with other players, or progress to higher levels as a single player to earn rewards.

3 Exciting GameFi Platforms To Try Out Today

#1. Axie Infinity

Axie Infinity is popular for fusing blockchain technology and gaming. The game revolves around non-fungible tokens (NFTs) and Ethereum. The NFTs form the gaming environment and accessories, while Ethereum (ETH) is the blockchain powering it—and is used to pay for transactional fees or buy accessories, alongside $AXS.

The Axie Infinity universe comprises Axies—creatures resembling Pokemon characters that can be bought as pets, bred, and used to feature in battles within the game. The more users advance with their Axies, the more rewards they earn.

To feature in the game, you must have a minimum of three Axies. The Axies can be normal Axies which cost $30 or more, or Mystic Axies, costing up to some hundred dollars to $1000.

The prices of the Axies depend on the unit value of Axie Infinity’s utility token, $AXS, a popular store of value for investors both inside and outside the game economy—and the rarity of the Axie they intend to buy.

Normal Axies do not reward their users much compared to Mystic Axies. Notwithstanding, users may sell their NFTs in secondary markets inside or outside the Axie Infinity platform.

#2. The Sandbox

The Sandbox, TSB, is another exciting GameFi protocol like Axie Infinity. Although a bit older than Axie Infinity, it operated as a simple virtual gaming platform without blockchain integration in its early years.

The Sandbox economy comprises its native ERC20 token—$SAND—and NFTs. NFTs make up the platform’s primary economy—and $SAND powers the game’s ecosystem.

The Sandbox’s uniqueness lies in the fact that users may customise and personalise their experiences using NFTs they purchase or trade.

Features like VoxEdit, support NFT asset creations, which users may later use to customise their games on the “Game Maker” program. Afterwards, they may choose to sell their creations in The Sandbox Marketplace or any marketplace that supports TSB NFTs.

Tokenomically, The Sandbox utility token, $SAND, ranks in the top 50 cryptocurrencies with a market capitalization of over $1.8 billion. Its price and circulating supply make $SAND an interesting investment for long-term investors.

#3. Pac-Man Frog

Pac-Man Frog is an exciting GameFi platform with offerings and features that want to disrupt the DeFi–GameFi space. It features an NFT launchpad that will facilitate the instant creation of NFT and GameFi accessories and trading in primary and secondary markets.

Additionally, Pac-Man Frog will include an NFT aggregator that will provide invaluable market information on NFT circulating in marketplaces. Collectors may use this information to make informed buying and selling decisions.

 

Pac-Man Frog runs on the Solana blockchain to facilitate faster and low-cost transactions. Its DAO token—$PAC—will power Pac-Man GameFi’s ecosystem and be used for transactional and DAO governance.

Pac-Man Frog (PAC) is currently undergoing a presale round at a low price. You may start buying $PAC tokens to support the project and its ambitious innovation of furthering the NFT and GameFi ecosystem.

Learn more about Pac-Man Frog (PAC):

Presale: https://presale.pacmanfrog.io/register

Website: https://pacmanfrog.io/

Telegram: https://t.me/PACMANFROGOFFICIAL

Twitter: https://twitter.com/PacmanfrogToken

Instagram: https://www.instagram.com/pacman_frog_token/

Final Call! The Ultimate Fintech Awards 2022 are Within Reach

We have reached the final stage of the nomination process of the Ultimate Fintech Awards 2022. The time has come to cast your choice. There is less than one week to go before the deadline, and nominations are coming in thick and fast. In other words, it’s now or never!

Ceremony Overview

The awards show revolves around the biggest names in fintech and online trading, including both B2B & B2C companies. The organizers of this prestigious ceremony are Ultimate Fintech, the marketing agency responsible for producing the one and only iFX EXPO. They have set the stage for a night to remember, to be attended by the crème de la crème of the industry.

Winning Isn’t Everything (Or is it?)

The goal of the Ultimate Fintech Awards is more than just being a fancy ceremony. The online trading and fintech environments are vastly expanding and developing on a yearly basis and so Ultimate Fintech feel that it’s crucial to recognize not just the best in their respective domains, but also the up-and-comers putting in the work on a daily basis.

If you win an Ultimate Fintech Award, you’re not just earning your brand an extra badge to put on your website. You’re exposing your organization to international communities who trust the judgement or their peers and the industry at large. You’re earning praise and approval from people who know exactly how hard you work.

Award Categories

There are three different awards categories.

Broker Awards

Compete for a prestigious winning title! This category recognizes the best brokers on a global scale and features awards such as Broker of the Year, Best Market Maker, as well as the Best Trading Platform.

Regional Broker Awards

These awards are broken down by region and country including Asia, Europe, the Middle East, and Australia/New Zealand to name a few. Awards that can be won include Most Trusted Broker Asia, Best IB Programme Europe, Most Transparent Broker LATAM, and Best Customer Support UK.

B2B Awards

Looking for recognition in an ever-so competitive market? Reward your hard work with a B2B nomination! Award titles include the Best Payment Service Provider, the Best CFDs White Label Solution, as well as the Best Emerging Fintech Startup award and many more.

Key Dates

May 23: Nominations Close

May 25 – June 1: Voting Round

June 9: Winners announced at Awards Ceremony held on the final evening of the iFX EXPO International

Nominations and Voting Process

Applicants have to register and fill out the nomination application form once they login. There will be a public voting system hosted on the website during the voting round as well.

Time is of the essence. The buildup is almost coming to a close, this is the final call to cast your nominations and earn your place as an official Ultimate Fintech Award Winner.

So, will you be there? Nominate your brand now!

Meta: Will the Future-oriented Tech Leader Bounce Back?

There once was a website for Harvard University students named Facemash, where users can decide which person is the more attractive out of two based on their pictures. This website expanded to other universities, and defying all the odds, added features over the years including the ability to share content, comment, play games and much more.

This is the story of Facebook, the world’s most used social media network with over 2.93 billion monthly active users. The website which was created in a college dorm room by Mark Zuckerberg has evolved into the world’s 8th largest company by market capitalization, currently worth more than $560 billion, with its founder’s net worth amounting to $72.9 billion today.

Focused on the emerging metaverse and future technologies, Facebook, which took over Instagram, WhatsApp, Oculus and even GIPHY,  changed its name to Meta Platforms in late 2021 as a nod to the immersive next-generation virtual reality technology known as the metaverse. While all this looks great, Meta has been hit hard in 2022, losing over 40% of its value since the start of the year due to many adverse factors which weighed down on the metaverse-focused chief, impeding its progress of capitalizing on the technology of the next generation.

Losing Ground

Meta was on the course of an upward-trending ride, but all eyes were on the company’s quarterly results. In the 2021 fourth fiscal quarter, the firm’s earnings per share (EPS) were $3.67 against the $3.84 predicted by analysts, and its revenue of $33.67 billion was also under forecasts by $170 million. But what was truly a catastrophe was that Facebook’s global active users declined for the first time in history, dropping by almost half a million users in the quarter. As a result, the market capitalization of Meta has been slashed by over $250 billion.

As seen from the chart provided by TradingView, this crushed the stock (NASDAQ: FB) by 26% on February 2nd, marking its largest one-day drop in the company’s 18-year-long run. This wasn’t the end of it. The Meta stock witnessed a further 16% drop in its price tag in the following three months to currently price at around $197 per share.

To justify the drop, the company pointed fingers at Apple’s new privacy changes, notably the newly-introduced update on its mobile operating system which gives iPhone users the choice of whether to allow applications like Facebook to track & monitor their online activity.

Meta also blamed the escalating competitive pressure from rivals, like Tik Tok, which has grown impressively in a miniscule amount of time to now have over 1 billion users worldwide. Lastly, the tech tycoon noted that Meta’s ability in tracking user data and in-turn, generating substantial profit margins, has been significantly limited due to increasing scrutiny & watch from lawmakers. Other tech giants, including Google & Apple, also faced pressure from laws & regulation which aim to combat anti-competitive activity and privacy-breaching initiatives.

Bouncing Back?

Amid the global market decline for stocks, and even renowned safe-haven assets like gold, the Japanese yen and the Swiss franc, the majority of stocks have struggled to trade higher in 2022, and Meta is no exception. This does not, however, indicate that the firm is not excelling, and this is evident in its latest quarterly results.

Meta’s Q1 2022 results are as follows:

  • Earnings per share: $2.72 vs. $2.56 expected
  • Revenue: $27.91 billion vs. $28.2 billion expected
  • Daily active users: 1.96 billion vs. 1.95 billion expected
  • Average revenue per user: $9.54 vs. $9.50 expected

The technology pioneer has beat Wall Street expectations in every metric other than monthly active users & revenue, surging its stock by 18% on Wednesday the 28th of April. Investors appear to have regained their confidence in the Meta stock, with the average analyst price target of $312; a 58% upside from today’s price.

The company also has exciting future endeavors. Meta’s Instagram will increase the maximum duration of Reels videos to 90 seconds, which is currently at 60 seconds and previously at 15. Meta’s future plans not only involve doubling up on the metaverse, but also on providing internet to every human on earth by 2026.

“Our real mission wasn’t to connect one-seventh of the world, it was to connect the whole world”, as said by the media magnate, entrepreneur and philanthropist, Mark Zuckerberg. To live up to his words, the company is intensifying its investments towards data centers, servers and offices, aiming to spend up to $34 billion in 2022 with the goal of preparing Meta for the future technological boom.

Writen by Syam KP, financial analyst of Gulfbrokers

Award-Winning Broker Eightcap Introduces TradingView to Clients 

Australian FX and CFD provider Eightcap has recently announced that it has partnered with TradingView, allowing its clients to trade directly from TradingView’s charts into their Eightcap trading accounts. Eightcap’s integration with TradingView is the next step for the award-winning broker as it continues to build a home for traders.

TradingView is a charting platform and social network that attracts over 30 million monthly users globally and has been rated the number one website for investing. The platform enables users to identify and analyse trading patterns using TradingView’s customisable charts and allows them to discover hundreds of trade ideas daily by joining TradingView’s community of global traders. The integration also ensures that they never miss a price level with easy to set up trading alerts. Users will also be able to test and automate their trading strategy with TradingView’s Pine Script programming language.

Eightcap’s integration with TradingView provides its clients with a wide range of trading tools to make better-informed trading decisions and have the capability to trade directly via the TradingView charts. Clients will be able to access 12 chart types, including Renko and Point and Figure, rewind the markets and watch the price action unfold and create custom formulas and timeframes. Furthermore, the TradingView platform comes with over 100 pre-built indicators, over 100,000 community built indicators, 50 drawing tools, and more.

Joel Murphy

Joel Murphy, Eightcap CEO, commented: “Providing our clients with unique trading resources is a priority for us as we continue to build a home for our traders. TradingView is used by millions of traders worldwide, and we are excited about this partnership as it allows our clients to make the most out of TradingView’s outstanding charting experience.”

Marcus Fetherston

Marcus Fetherston, Director of Operations, added, “Our partnership with TradingView is another key milestone for Eightcap, as we are committed to providing our clients with an extensive range of tools and resources before they start trading the global financial markets. This is yet another platform to choose from when opening an account with us.

Not only will our clients be able to trade directly into their Eightcap trading account via the TradingView charts, but they will also have access to a large community of traders. This opens them up to a world of trade ideas and market analysis and works hand in hand with our competitive spreads across 1000 + financial instruments.”

This announcement comes hot on the heels of the broker’s latest product launch; the rollout of over 300 crypto derivatives, including altcoins, crypto-crosses and crypto indices, all with ultra-low spreads. Eightcap has also won several awards in the past year. The most recent one is where the broker was named Best Crypto Broker at the annual AtoZ Markets awards. Eightcap has more in the works as it continues into 2022 to provide its clients with an exceptional trading experience.

About Eightcap

Eightcap is an Australian CFD and FX broker founded in 2009 and offers its clients access to over 1000 financial instruments. Since then, the broker has rapidly expanded and offers derivative products worldwide across FX, Indices, Shares, Commodities and Cryptocurrency CFDs. Eightcap has won several awards over the past couple of years, including Best MT4 Forex Broker Global 2020. The latest addition to the accolades is Best Crypto Broker 2021.

The broker is also regulated in multiple jurisdictions including, the Australian Securities and Investment Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and the Securities Commission of the Bahamas (SCB).

The award-winning support team gives their utmost to clients on a 24/5 basis. Signing up with Eightcap is done in three simple steps and requires a minimum deposit of $100. Deposits can be made in AUD, USD, GBP, EUR, NZD, CAD, and SGD, using credit or debit cards such as Visa/Mastercard, POLi, Wire transfer, BPAY, China UnionPay (uPOP), Skrill, Neteller, BTC, Tether, and PayPal.

Eightcap also has an award-winning partner program. Rebates up to $6 USD per lot and CPAs up to $900 USD are a couple of the many rewards that affiliates gain access to through their partnership with Eightcap. TradingView’s integration is set to allow another level of in-depth analysis that can also be utilised for signal sharing. Most of all, bringing this option to the table means that more and more clients feel at ease to settle down and continue their trading journey with Eightcap.

Samsung: A Global Technology Phenomenon

South Korea’s most valuable company by a landslide, Samsung Electronics, has become a global brand of technological excellence for more than 20 years. The rising popularity of its smartphones has opened the gates of success for Samsung, and it may be surprising to find out that Asia’s 4th most valuable company today, as seen on Alpho’s Top 20 Asian Brands, was founded as a grocery trading store all the way back in 1938.

Humble Beginnings

Founder Lee Byung-chul established Samsung in Daegu, Korea, before the split of the Asian nation into two, trading noodles and other goods produced around the city and exporting them to Chinese provinces. The Korean war was the turning point for the company, which prompted it to expand into textiles, industrialization, banking, insurance, petrochemicals, and of course, electronics.

As of mid-2022, the multinational conglomerate with over 250 subsidiaries is worth more than $350 billion, and is not only the largest firm in South Korea, but is considered as the 19th most valuable company on the global stage with over 280,000 employees around the world.

The Smartphone Era & The Rise of Samsung

Apple revealed its iPhone innovation to the public in 2007, and this revolutionized the phone market forever. People were amazed by the new technology introduced, such as the touch screen and an all-new operating system. Away from the crowd, Google was working on its own operating system, known as Android today.

Samsung adopted the Android operating system and launched its first Android smartphones. It released the Galaxy S series of multiple devices in mid-2010 to take on the popular iPhone. The Galaxy series became one of Samsung’s pillars of success, and remains to be a huge driver of the company’s global presence.

For decades, the company successfully marketed its wide range of phones & technologies of different price ranges across the globe, which especially appeal to price-sensitive nations, markets and consumers. This strategy has made Samsung the behemoth we know today.

Samsung’s 2022 Performance

It’s worthy to first note the 2021 fourth quarter results of Samsung. The company recorded a 53% escalation in year-over-year operating profits, as record sales of devices powered by Samsung’s semiconductor chips aided the electronics tycoon in overcoming the pandemic-fueled supply chain obstacles. In the October to December 2021 period, Samsung enjoyed significant success “thanks to competitive product, despite continuing uncertainty”, as said by the company in a statement.

People working from home due to national lockdowns and mobility restrictions has evidently boosted the demand for Samsung’s products, including smartphones, televisions, and washing machines; all powered by Samsung’s semiconductor chips. The COVID-19 pandemic created chaos in the global economy, but has played an important role in the boom of Samsung and other tech companies. This is also evident in the company’s first quarter results in 2022.

Samsung’s profits topped consensus expectations, generating 14.1 trillion won ($11.6 billion) in profits, which is a cool $1.2 billion above average analyst expectations. This quarterly profit marks the company’s highest first-quarter profit since 2018. The success can be attributed to high demand and increasing shipments of memory chips, priced favorably for Samsung.

Technical Analysis

Looking at the Samsung stock (SMSN.IL) from a technical perspective, it can be noticed that the stock is exhibiting a clear negative trend since the start of 2021. Currently priced at $1,286, the chart from TradingView shows that the stock is trading between a resistance level of $1,505, and two support levels; one lies near $1,400, and another close to $1,250.

The valuation of the South Korean electronics and technology pioneer has been hampered in 2022, amid the global stock market decline due to escalating geopolitical and macroeconomic instabilities. Limited energy, mounting sanctions and record-high inflation has driven most markets in a downward manner, even for safe havens like gold.

New Products

Samsung has unveiled two new products in May, which could play a vital part in re-surging the stock & valuation of the global technology leader to the highs witnessed in early 2021. The first is the PRO Endurance memory card, which was released on the 3rd of May. The new microSD card is focused on bolstering the endurance & performance of cameras, including surveillance, body and dashboard cameras.

On May 10th, the company announced the development of the industry’s first-ever 512GB memory chip. The CXL DRAM (Computer Express Link) DRAM (Dynamic Random Access Memory) of Samsung is the first to have a capacity of 512 gigabytes, and this serves as “an important step towards the commercialization of CXL which will enable extremely high memory capacity with low latency in IT systems”, the company noted in a news article.

The 6G Plan

Perhaps the most exciting endeavor revolves around new technology, and Samsung has lately released a white paper which presents the company’s vision for attaining global frequency bands for 6G communications technology. The technology chief noted that it’s sophisticated 6G technology improves the coverage & quality of high-rate data signals by a whole 1.9 times, ensures energy savings of more than 10%, among other improvements.

The major challenge faced by Samsung is the escalating macroeconomic and geopolitical instability, which has adversely impacted most industries in 2022, including safe-haven assets like precious metals and certain currencies. Yet, the company’s new products & innovations, such as the ‘Bespoke French Door’ refrigerator and ‘The Freestyle’, a portable projector that weighs just 2 pounds, can be the new drivers for Samsung. It all depends on consumer demand, how much they enjoy the products, and the whole macroeconomic environment and its conditions.

Lưu Đỗ Hoàng Anh, Financial Analyst of Alpho.

ACY Securities Sponsors Table Tennis NSW

The sponsorship is in line with ACY’s strong support for cultural events, sporting and community organisations not only in Australia but across the globe.

Jimmy Ye, ACY Securities CEO said, “Through this sponsorship, we want to recognise the hard work and focus of TTNSW to promote table tennis. We believe that together (with TTNSW), we can encourage more people to take up this sport and widen its reach.”

“This is a fitting recognition as TTNSW is celebrating a milestone – the 120th anniversary of organised Table Tennis in New South Wales.”

As one of the fastest-growing multi-asset online trading providers, ACY Securities has a strong tradition of supporting competitiveness among traders and successful athletes. The company’s global sponsorship of football superstar Tim Cahill is solid proof of this focus.

Commenting on the ACY sponsorship, Tony Aduckiewicz, TTNSW president said, “I’m thrilled and honoured that we have the support of ACY. This is a big boost not only to our organisation but also for table tennis and our athletes.”

“ACY have a track record of partnering with the highest levels of sporting as seen by their appointment of football legend Tim Cahill as their global brand ambassador as well as their sponsorship of the Australian Turf Club – The home of thoroughbred horse racing in NSW.”

As part of the sponsorship, TTNSW players will be sporting uniforms with the ACY logo during State Junior competitions and other events.

About ACY securities

ACY Securities is one of Australia’s fastest growing multi-asset online trading providers, offering ultra-low-cost trading, rock-solid execution, technologically superior account management and premium market analysis. The key pillars we operate on are transparency, client-focus and technology. With a track record of servicing clients since 2011, we are well-positioned to look after your trading needs.

HYCM Trader: How to Build a Mobile Trading App Right

Indeed, online CFD brokers were among the first to recognise mobile as a valuable means of encouraging the broader adoption of trading as a lifestyle. As a result, there’s a lot of discussion about mobile trading and mobile strategy from the perspective of the broker.

At HYCM, we recently launched our new mobile app, HYCM Trader, with the aim of appealing to a broader audience and providing clean design, intuitive UI, and all the functionality the modern trader could require. So, what are some of the ideas and principles that should be considered when creating a proprietary app?

Mobile trends

Quite often when discussing mobile, the focus is on demographics. Indeed, it is the most obvious and consistent trend to be observed; millennials spend most of their time on mobile devices, and the younger Gen-Z cohort uses them almost exclusively. In a nutshell: the original generation of online traders (Gen-X) were exclusively desktop users, the new generations are not.

What’s much more interesting, is looking at some of the commonalities between the most popular apps across all categories to see if there’s anything to be learned there. According to Apptopia, the most downloaded apps in 2021 (worldwide) were: Tiktok, Instagram, Facebook, WhatsApp, and Telegram, in that order. What all these apps have in common, aside from all belonging to either the social media or messaging categories, are that they are almost entirely frictionless to install, easy to use, and support the idea of lifestyle and communication, unlike many financial and banking apps.

Most of us have experienced frustration with badly designed apps and cluttered screens. Therefore, our main focus was on developing a clean, modern interface and making it an intuitive, user-friendly app so that even novice traders can quickly learn how to use it.

Also, many trading apps allow clients to manage their accounts but don’t actually have a trading functionality. HYCM Trader, on the contrary, allows users to buy or sell from our wide range of assets including forex, commodities, metals, stocks, indices, and cryptocurrencies (depending on the jurisdiction).

Principles of mobile design

Keeping up to date with the ever-evolving finance industry and the key trends plays a significant role in building a successful mobile application. We have identified that the ease of use, trading on the go, and integrated support are among the most desired characteristics of a mobile trading app.

To make our app easier to start using for our clients, and to potentially increase their retention, or ‘stickiness’, we designed a simple, intuitive, app-based experience that users only need to familiarise themselves with once. They will then be able to access all of our products, tools, services and support without ever needing to switch apps again. Our app features registration, document verification, funding, account management, analysis, trading, and communication with customer support, all in one place.

Verification is quite difficult to get right as each step in the process increases the odds of a potential user dropping off. To circumnavigate this, we used a prompt-based approach that quickly and easily guides the user through the process, while gathering all the relevant information in order to be fully compliant with the relevant regulators.

In addition to live trading, users can open a fully functional demo account that only requires a quick registration, so they can immediately start practising and learning via a charting interface optimised for touch. The platform itself comes with free technical indicators, a variety of chart styles, and all the required time frames for even the most demanding trader. We also integrated a Trading Central news section and an Economic Calendar to further encourage in-app planning, research, and analysis.

Because we built HYCM Trader to fulfil our clients’ trading needs, account management was extremely significant so we ensured that every action a client handles from their desktop client portal version is now fully incorporated into the app. This includes speedy deposits, withdrawals, and internal transfers between accounts, including between any existing MT4/MT5 accounts and the new HYCM Trader account that is created once the app is installed and registered.

Last but not least, the app also offers users the ability to get real-time support from our expert teams via their own preferred method of communication. Currently, Live Chat, WhatsApp, Messenger, Skype, Telegram, and Viber are available with the prospect of adding others in the future if we see the demand.

In conclusion

Mobile trading is no longer the future, it is the present. It has become significant for online brokerages to get their mobile app right. The approach we’re taking at HYCM is to create a completely new on-ramp that is designed from the ground up, to provide the kinds of retentive, all-inclusive experiences that modern users are accustomed to receiving from the most popular apps on their respective screens.

Download the HYCM Trader app from the Google Play or Apple Store

Note: Cryptocurrencies are not available for trading under HYCM (Europe) Ltd and HYCM Capital Markets (UK) Limited.

About: HYCM is the global brand name of HYCM Capital Markets (UK) Limited, HYCM (Europe) Ltd, HYCM Capital Markets (DIFC) Ltd and HYCM Limited, all individual entities under HYCM Capital Markets Group, a global corporation operating in Asia, Europe, and the Middle East.

High-Risk Investment Warning: Contracts for Difference (‘CFDs’) are complex financial products that are traded on margin. Trading CFDs carries a high degree of risk. It is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. Seek independent expert advice if necessary and speculate only with funds that you can afford to lose.

Please think carefully whether such trading suits you, taking into consideration all the relevant circumstances as well as your personal resources. We do not recommend clients posting their entire account balance to meet margin requirements. Clients can minimise their level of exposure by requesting a change in leverage limit. For more information please refer to HYCM’s Risk Disclosure.

Pacman Frog (PAC), Solana (SOL), and Near Protocol (NEAR): Might Be Good Investment Opportunities for New Investors

These three cryptocurrencies have been doing incredibly well lately and may be great investment options for you. Don’t miss out on the chance to get in on the action!

Pacman Frog (PAC)

Pacman Frog (PAC) is a community-driven cryptocurrency project. The platform fully embraces the Decentralized Autonomous Organization (DAO) model. This means that any event on the platform will not be under the control of a single institution and the PAC community is influential in the decision-making process. The project team plans to develop a dedicated gaming branch by holding funding rounds to help drive the future of blockchain games and NFTs.

PAC is the token that allows users in the Pacman Frog DAO to vote for the future development of the project. As the project focuses on the community for a democratic and transparent functioning, the PAC token aims to evolve as a leading community icon with various use cases in NFTs, GameFi, DeFi and much more. Users do not need to pass KYC requirements to join the ecosystem.

You can become a part of PacDAO by keeping 1 million+ PAC tokens in your wallet. The maximum PAC token supply is 1 billion. The developer team states that all unsold PAC tokens will be burned. It is also stated that payments will be accepted in all major cryptocurrencies. The primary goals of the project include listing the PAC token on leading cryptocurrency exchanges to provide maximum liquidity.

Pacman Frog (PAC) supports gaming entrepreneurs and teams, providing them with a blockchain gaming platform and the skills needed to launch their first production in the global market. Additionally, it aims to provide real-time data on NFTs and statistics on their trading volume. So the project is completely focused on games.

Especially since the end of 2021, game-oriented NFT and Metaverse tokens started to attract great attention. At Pacman Frog (PAC), it is considering bringing early-stage projects under one roof. Pacman Frog (PAC) allows gamers to discover, buy and sell GameFi NFTs while also providing a highly developed marketplace for NFTs in games. PAC token holders have great advantages in the NFT market. In addition, the platform plans to create a system that will keep users up to date with the latest happenings in the world of blockchain, including cryptocurrencies, decentralized finance (DeFi), NFTs, GameFi, and Metaverse.

Solana (SOL)

Solana (SOL) is the 7th most valuable token on coinmarketcap.com. Solana, one of the most valuable tokens of the crypto ecosystem such as Ethereum (ETH) and Cardano (ADA), gained value with its alternative solutions that close the shortcomings of the Ethereum blockchain. Faster processing and lower transaction fees have made it one of the most recognizable cryptosystems.

One way to tell if Solana (SOL) is a promising asset is to take a look at the features it offers. Solana (SOL), a blockchain network launched in 2020, is faster and has lower transaction costs than Ethereum (ETH). We are faced with a network that has a work capacity of 65,000 transactions per second with close to zero fees.

Let’s remind you that Bitcoin (BTC) processes seven transactions per second, while Ethereum (ETH) processes 15 transactions per second. Indeed, Solana is one of the fastest programmable blockchains. It looks like the development team will take these features even further. They aim to reduce the block generation time to 80ms and trade on other decentralized exchanges built on the Solana (SOL) blockchain in a 1ms timeframe.

Near Protocol (NEAR)

The Near Protocol (NEAR) started 2022 fast. It first announced in January that it had raised $150 million in funding. Not long after, NEAR received investment from well-known companies such as Republic Capital, FTX Ventures, Hashed, Dragonfly Capital, ParaFi Capital, and others, as a result of a funding round led by hedge fund Tiger Global.

Thus, with the second funding round in 2022, NEAR has increased its total value by another 350 million dollars. NEAR announced that it will use the money it collects to finance the development of projects it will implement and accelerate the development of the blockchain. Meanwhile, Barry Silbert, founder of Digital Currency Group, tweeted that NEAR, which is part of the holding, is the third largest crypto company.

Infrastructure technology is one of the issues that need to be addressed in order to understand whether a cryptocurrency is a good investment option in the long run. Compared to first-generation blockchains such as Bitcoin and Ethereum, NEAR Protocol (NEAR) appears to be faster, scalable and more efficient. It is known that NEAR is designed to appeal to one billion main users. The NEAR Protocol (NEAR) can process more than 100,000 transactions per second. We’re talking about twice the speed of Solana (SOL).

Find out more:

Pacman Frog

https://presale.pacmanfrog.io/register

https://pacmanfrog.io/

https://t.me/PACMANFROGOFFICIAL

https://twitter.com/PacmanfrogToken

https://www.instagram.com/pacman_frog_token/

Quitriam Finance (QTM) proves a strong challenger to Avalanche (AVAX) and Shiba Inu (SHIB)

The Quitriam Finance platform will provide a savings and lending option for its users through its decentralised exchange. Avalanche and Shiba Inu have shown strong price action in the previous few weeks and the QTM presale is going to end soon. Let’s find out if these three cryptocurrencies can provide you with good returns in the near future.

Quitriam Finance might rally as retail investors accumulate huge volumes

The Quitriam Finance presale has attracted retail investors who are busy accumulating huge volumes, and the QTM Token could rally soon after the listing process is completed.

The Quitriam Finance platform consists of a decentralised multichain AMM, an incubator platform, and DeFi yield farming options.

The Quitriam Finance platform will work on multiple blockchain networks and will enable users to get the best possible rates, as the order can be fulfilled through different blockchains rather than relying on a single network.

Users will also be able to earn a passive source of income by staking the QTM Token. The DeFi portal will charge a flat fee at the rate of 2% rather than a dynamic fee model. A stablecoin will be introduced for easy farming options, and will be known by the ticker QT and backed by the Quitriam Finance treasury wallet at all times.

In addition, Quitriam Finance will also function as a launchpad incubator service allowing upcoming interesting projects to launch tokens on the decentralised exchange site.  Given the wealth of services being provided by the QTM team, it could attract institutional investors in the future and is a good bet for the potential long-term future. You could benefit from purchasing the QTM Token during the presale period as the prices are very attractive and low.

Avalanche offers $15 million incentives for a planned metaverse

The Avalanche network has announced incentives worth $15 million for a planned metaverse platform. It will help users and project developers launch metaverse applications on the Avalanche platform, and the subnet feature launched recently will also allow users to migrate to the metaverse easily. In addition, AVAX also has plans to integrate KYC to its subnets providing greater accountability and transparency. The AVAX Token has remained range-bound for the previous month but has also displayed signs of consolidation and a bullish rally cannot be ruled out in the near future. With multi-chain integration almost completed through the subnets, large-scale adoption could follow soon and help in a price rise for the AVAX Token.

Shiba Inu marches ahead with metaverse 

The Shiba Inu ecosystem has recently launched a land plot sale for select buyers on its platform. It will also launch a layer 2 solution known as Shibarium that will help in burning tokens. The Shiba Inu ecosystem has recently also introduced a burn mechanism that has helped in reducing token supply. Shiba Inu is currently built on the Ethereum blockchain but the launch of Shibarium will provide another option for the community. It will also help in bringing down gas prices and achieving quicker transactions. The SHIB Token might see a rally as the metaverse is launched fully.

The Quitriam Finance Token can be considered for the long term along with Shiba Inu and Avalanche. All three tokens have great use cases and are coming up with exciting updates explained above. Always do your own research and build a portfolio through the dollar cost averaging method. Most cryptocurrency investors buy and forget about the coin. However, it is recommended that you keep a tab on the token’s progress to remain updated about developments that could affect the price in the future.

 Learn more about Quitriam Finance (QTM)

https://presale.quitriam.io/register

https://quitriam.io/

https://t.me/QUITRIAMFINANCEOFFICIAL

https://twitter.com/quitriamfinance

https://www.instagram.com/quitriam_finance

FIREPIN Token (FRPN), Tron (TRX) and Algorand (ALGO): Surging Crypto Stars

FIREPIN Token (FRPN) is one of the latest currencies to take the crypto world by storm. News of the token has quickly spread across the crypto world, as its presale has been a resounding success. FIREPIN Token (FRPN) presale is still ongoing, so this is an exciting time to buy, with the token trading at a reasonable price. However, with the volatile nature of the crypto market, it is difficult to make a price prediction at this time.

The currency is community-focused, with major decisions voted on by FIREPIN (FRPN)’s community and a percentage of each transaction allocated to the treasury. These funds support various exciting projects much talked about in NFT and Metaverse news. These include Metaverse and VR Games along with NFT game development.

Its treasury will also directly invest in organisations that have a long term vision of Metaverse games and even play-to-earn (P2E) gaming. FIREPIN Token (FRPN) also boasts a better user experience, using Multi Chain integration to give users more options.

FIREPIN Token (FRPN) has kicked off its journey to becoming a metaverse giant with a bang. With the presale continuing, you can be a part of this journey from the very start.

Tron (TRX) Shoots For The Moon

This past week has seen Tron’s (TRX) stock spike. The world’s fastest-growing public chain is now placed 17th on Coin Market Cap, with a rise of 16.14% in the last 7 days alone. News of the currency is everywhere in the crypto sphere right now, driving its market cap forward. This is at $7,922,251,514 at the time of writing, so now is the perfect time to invest. There are several reasons why Tron (TRX) is so hot right now, one of which is the recent news of its plans to create a Tron DAO Reserve.

Tron (TRX) has described this as ‘the blockchain industry’s first decentralised reserve’, kick-starting a news buzz. Decentralisation is key to all things Tron (TRX). As a digital platform, its initial aim was to reshape the entertainment industry. By publishing content through the blockchain, the middlemen of this industry (Google, Youtube, Spotify) could be bypassed. This places the power right back into the hands of the content creator.

Inequality in the entertainment industry has been highlighted recently, with TikTok and Youtube facing issues with how much content creators are paid. Tron (TRX) has an apt solution, with creators being directly rewarded with tokens.

Tron (TRX)’s fast transaction speeds puts it in the same league as major payment processors, which, combined with zero transaction fees, make it a crypto investor’s dream.

Algorand (ALGO) Scores A Goal By Partnering With FIFA

Algorand (ALGO) is another strong cryptocurrency on the rise at the moment. The last 7 days haven’t seen much growth for the top currencies, but Algorand (ALGO) bucks this trend and then some. It has had a 13.08% rise in the last week, one of the world’s healthiest rises in the crypto world. This surge has seen it climb to 26th according to Coin Market Cap. The recent news that the currency has partnered with FIFA for the upcoming World Cup may be contributing to this success. Becoming the official blockchain of one of the world’s largest and most influential sports organisations is no small feat.

Algorand will also ‘assist FIFA in further developing its digital assets strategy’, according to FIFA’s website. This is a move integral to securing the coin’s global reputation for years to come.

Algorand’s (ALGO) main unique selling point is its commitment to sustainability. In a crypto sphere increasingly dominated by sustainability concerns, this commitment will become crucial in the coming years. Algorand promises to be the ‘greenest blockchain’, offsetting its carbon footprint and being ‘far more energy efficient’ than other blockchains through its unique consensus mechanism, according to its website.

For more information, check out the links below.

Join Presale: https://presale.firepin.io/login

Website: https://firepin.io/

Twitter: https://twitter.com/FIREPIN_io

TikTok: https://www.tiktok.com/@firepin.io