Tag: Investors

Court rules in favor of HelbizCoin investors, class lawsuit to go ahead

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A United States District Court has allowed a nearly three-year-long class action lawsuit against the creators of HelbizCoin to go ahead, as per a court ruling filed on Sept. 1. The class action suit was first brought against Helbiz, its CEO Salvatore Palella, and its partners in 2020, with an amended complaint filed in March 2022. The case involves an Italian electric scooter-sharing company HelBiz that raised $38.6 million in an ICO and issued an ERC-20 token with one of the founders of Ethereum, Anthony Di Iorio, in 2018, according…

Crypto rule confusion is an investor’s worst nightmare, Criptonite CEO says

Florian Rais, CEO of Geneva-based Criptonite Asset Management, isn’t happy with the lack of crypto clarity in the U.S. The U.S. Securities and Exchange Commission’s (SEC) ongoing delay regarding spot Bitcoin ETF applications, and its “misalignment” with the U.S. courts, is a nightmare for investors, Rais tells crypto.news. Read on for Rais’ take on how regulatory confusion in the U.S. has ramifications abroad, and whether the current bear market will inspire M&A activity. Why is clarity in the U.S. so important for a cryptocurrency-focused asset manager like Criptonite? Rais: It…

Polygon releases update, MATIC unmoved as investors explore alternatives

Polygon’s recent Dragon Fruit update has not impacted MATIC prices as developers might have expected. MATIC is Polygon’s native utility token. Amid this, Ethereum-based blockchain projects like InQubeta are actively being explored. InQubeta takes on the inefficiency and inaccessibility of traditional investment avenues by creating a secure and transparent alternative. It aims to open up investments in artificial intelligence (AI), facilitating the industry’s growth while looking to provide investment opportunities for users. In the present system, numerous mainstream investment options employ discriminatory practices that restrict access to their services, primarily benefiting only…

Whales accumulating XRP, investors bullish on QUBE

The crypto market, known for its volatility and unforeseeable changes, is often influenced by investor sentiment. While XRP, with its increased whale activity, has caught the eyes of crypto enthusiasts, QUBE, the native token of InQubeta, is gaining ground. Specifically, there is a notable interest in the InQubeta presale. InQubeta: future of AI start-up investments? Set against the backdrop of artificial intelligence (AI) innovation, InQubeta seeks to redefine the investment landscape for AI start-ups.  The crowdfunding platform, enabling fractional investments with QUBE, links AI innovators and potential investors. This inclusive approach opens doors for…

Turkey sees rise in adult crypto investors, report reveals

A recent report by the crypto exchange KuCoin reveals that more than half of the adult population in Turkey invests in cryptocurrencies. The report, titled “Into The Cryptoverse: Understanding Crypto Users in Turkey,” discloses that 52% of the country’s adult population was engaged in crypto investments as of May 2023. This rate was 40% in November 2021. Moreover, this indicates a remarkable 12% increase over the past 18 months. The surge brings to light the growing prominence of the crypto industry within Turkey despite prevailing market conditions. Turkish nationals’ desire…

DYDX Is Up By 11% In A Week, But Investors Must Watch Out For This Event

DYDX, the native token of a decentralized exchange (DEX) with the same name, has been on a good run in the past few days. According to CoinGecko data, the cryptocurrency’s price jumped by 10.7% in the past week, reflecting a positive performance after an unfavorable start to August. However, there has been rising concern that this spurt of bullish momentum may be short-lived. And the upcoming token unlock event is the primary source of this skepticism. dYdX To Unlock $13.8 Million Worth Of Token In Single Event Token unlock events…

Can Whale Investors Bring PEPE Back In Action?

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PEPE is garnering attention from major investors as the buzz surrounding the meme coin continues to grow. However, despite the increasing interest, these tokens are grappling with a persistently bearish sentiment, as their price performance remains lackluster. In an interesting turn of events, a significant number of investors are beginning to cast their gaze upon PEPE. Lookonchain’s latest report reveals a notable occurrence – a user invested 27 ETH, equivalent to $45,000, to secure a staggering 50 billion of the frog-themed token. More astonishingly, this same investor managed to acquire…

investors pick Borroe over Maker and THORChain

The crypto market can present opportunities for discerning investors. At the moment, investors are looking at Maker (MKR), THORChain (RUNE), and Borroe (ROE), considering their growth potential. ROE is the newest of the three tokens, and analysts maintain a bullish preview of this project.  This article digs deeper, exploring why. Maker’s revenues soar to a 2-year high MakerDAO’s rising network activity has pushed its revenue to $165 million, a 2-year high. The increase follows the surge of DAI deposits, which currently stand at 5.5 billion DAI, a near 4-fold increase.…

Bitcoin’s halving pattern suggests Q4 is critical for investors

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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Filbfilb analyzes Bitcoin’s halving pattern to predict an explosive Q4 for BTC price action. The familiar Bitcoin halving cycle has turned heads again, hinting at a significant shift in BTC price behavior as the final quarter of 2023 approaches. With industry experts closely monitoring the trend, many smart investors are taking advantage of the situation, positioning themselves for a notable surge in value. Bitcoin’s price seems destined to remain rangebound until at least the fourth quarter…