Author: Hazem Allagui

It was this time last year when Donald Trump, the former President of the United States of America, launched his first batch of NFTs.Which sparked uproar, ridicule, and millions of dollars in sales. After a second round last spring, it came back with the largest collection of NFTs but the market doesn’t seem to be responding positively. A new set of NFTs called Trump Digital Trading Cards: MugShot Edition launched on Tuesday.It includes a collection of up to 100,000 collectible NFT tokens on the Polygon network. $99 per NFT token.The collection includes 45,000 NFT in the first group and 47,000…

Former CEO of cryptocurrency platform Bitzlato, Anatoly Legkudimov, has pleaded guilty to federal charges over his role in illegally transporting and transferring illicit funds worth hundreds of millions of dollars. The US Department of Justice confirmed that Legkudimov, founder of the cryptocurrency platform Bitzlato, admitted to running an unlicensed money transfer company before a federal court in Brooklyn this week. The Justice Department accused Bitzlato of becoming a destination for illicit proceeds and funds, due to it not implementing proper know-your-customer (KYC) procedures. It was also alleged that the exchange facilitated crypto asset transactions worth more than $700 million with…

2023 has been a good year for Solana Coin, contrary to expectations. It was expected that the Solana currency would completely collapse and end this year.This is due to the currency’s strong connection to the central FTX platform, which was primarily responsible for financing and supporting the Solana Blockchain.But it seems that the currency has recovered, so let us learn more about Solana’s price analysis and what are the most important expectations for the currency in the coming period. Solana price analysis The first thing before analyzing Solana price is that we should know what Solana coin is. In a…

Whenever there is talk of a recession, comparisons between gold and BTC inevitably arise. Especially in light of potential approvals for a Bitcoin exchange-traded fund (Bitcoin ETF).While most mainstream media talk about a soft landing, some institutions and experts insist that the picture is not so rosy. Investment manager VanEck expects the US economy to enter a recession in the first quarter, long before many pundits believe the Fed will start cutting interest rates.The broader slowdown in commodities and employment, struggling retail stocks, and a steeper inverted yield curve point to an impending slowdown in growth. Macro conditions will improve…

The former head of the US Securities and Exchange Commission (SEC)’s online enforcement division has warned that the file recently revealed by the US Department of Justice (DOJ) is the beginning of the end for Binance.He noted that the SEC has strengthened its legal measures against the largest cryptocurrency trading platform in the world. Complex settlement and very expensive to implement These views were shared by former SEC official John Reed Stark. In a lengthy post on the social media platform X (Twitter) on Saturday. Stark is currently president of cybersecurity firm John Reed Stark Consulting. He founded and led…

Everyone wants to invest in altcoins, who doesn’t? After the madness of 2021, Altcoins have become the biggest temptation to achieve crazy gains.However, the path to investment in this particular category is challenging and complex. This is because it is considered the largest part of crypto exposed to high volatility.These currencies may increase or decrease by 20% over an hour, and sometimes they increase and decrease much more during a single day.Let us find out how investment in alternative digital currencies can be managed efficiently by monitoring 4 critical indicators. Why invest in altcoins? The main reason to invest in…

The HTX cryptocurrency trading platform, formerly known as Huobi, has witnessed… A wave of money outflow worth $258 million.This has been since resuming its operations after being exposed to a major security breach on November 22nd. Which forced the stock exchange to stop services and incur losses amounting to $30 million. An HTX spokesperson stated: These outflows represent a small portion of our overall reserves, an indication that the platform is stable and robust. The spokesman added that the platform is committed to providing safe and smooth trading services. Figures from blockchain data platform DefiLlama revealed that investors began withdrawing…

HTX, a digital assets trading platform linked to Chinese-born cryptocurrency tycoon Justin Sun, has suffered $258 million in outflows since resuming operations after being hit by a major hack. DefiLlama data showed that funds left the exchange between the resumption of trading in the period from November 25 to December 10, an indication that some clients were uneasy due to the security incident that occurred last month.HTX confirmed that it lost $30 million worth of crypto tokens due to the hack, as it temporarily suspended withdrawals and deposits after the attack. An HTX spokesperson said the outflows represent “a small…

It is no secret to many that in the recent period we have witnessed a great focus on what is happening in the crypto market, as currencies such as: Bitcoin, Ethereum, and Dogecoin have witnessed great demand from a wide sector of investors and everyone looking for wealth.Which made Bitcoin reach its highest level, reaching more than $44,000, while it was hovering at less than $16,000 just one year ago. This heavy demand for trading in these currencies raises a very important question: What are the reasons for this sudden boom? Will it be on this upward trajectory or is…

The crypto market has witnessed tremendous changes over the past decade, but in the last quarter of 2022 and 2023 it witnessed a series of collapses and bankruptcies that shook the entire cryptocurrency market, shocking investors. The collapse of FTX – the third largest cryptocurrency exchange in the world, which was previously worth $32 billion – and the announcement of its bankruptcy shattered investor confidence. Core Scientific, one of the largest publicly traded cryptocurrency mining companies in the United States, which primarily mines Bitcoin, also announced its bankruptcy on December 20, 2022, noting that this occurred due to falling cryptocurrency…