The Resurgence of Mavrodi’s MMM Pyramid Schemes in India Shady Organizations Adopting Fraudulent Models TRUNOMIC: The New Cryptocurrency Coin It seems that history is doomed to repeat itself, especially when it comes to Ponzi schemes and pyramid scams. The resurgence of schemes inspired by Sergei Mavrodi’s infamous MMM pyramid is becoming increasingly evident in India,…
Get Ready to Howl: Dogecoin Aims for Rebound as Investors Flock to Poodlana! Description: Poodlana presale has raised over $2.1 million in under a week as Dogecoin price struggles for momentum. The crypto-savvy are joining in as a fashion-centric Poodlana creates waves in Asia. Poodlana’ presale opportunity is only available for 30 days and ends…
The USD’s Strength and Its Impact on the Market Understanding the Current Situation The USD regained some strength in the latter part of last week. From the monetary policy perspective, nothing has changed as the market continues to expect at least two rate cuts by the end of the year and sees some chances of…
Marathon Digital Slapped with $139 Million Fine for Breach of Non-Disclosure Agreement The largest Bitcoin miner Marathon Digital has been slapped $139 million in fine against the charges of breach of a non-disclosure agreement. Affeld England & Johnson LLP, who represented Michael Ho explained that the executive had developed a growth strategy for Marathon Digital….
Bitcoin ETFs: A Billion Dollar Market The Influx of Inflows According to Farside data, Bitcoin ETFs experienced a notable surge in inflows on July 19, with a total net inflow of $427.2 million. Leading this inflow was BlackRock’s iShares Bitcoin Trust (IBIT), which recorded an impressive $116.2 million, marking a significant addition to its holdings….
Fundamental Overview Gold has been on a steady retreat since hitting a new all-time high last Wednesday. We saw a reversal in many other markets since last Wednesday and it’s not clear what has been behind the move. The data continues to point to a resilient economy with inflation falling slowly back to target. That…
The Impact of Alpha Group International’s Trading Update Alpha Group International (LON: ALPH) has recently released a trading update, revealing impressive numbers for the first six months of 2024. The company generated £64 million in group revenue, marking a significant 16 per cent yearly increase. Revenue Surge in All Streams Breaking down the numbers, corporate…
Fundamental Overview The Russell 2000 and Its Surprising Run Have you been keeping an eye on the Russell 2000 lately? If not, you might have missed out on some incredible action. Ever since the last US CPI report, this index has been on a wild ride. The goldilocks data was just the push it needed…
