#commodity currency leader

[equalresearch]

Sensex Rises Over 300 Points Amid Positive Global Cues, Nifty Trades Above 16,200

Indian equity benchmarks traded higher on opening trades on Friday, taking a cue from global markets.

Indian equity benchmarks traded higher on opening trades on Friday, taking a cue from global markets. Asian stocks followed Wall Street gains overnight as fears of an economic slowdown eased. Additionally, the pound began to recover from recent losses after Boris Johnson stepped down as British Prime Minister.

Trends in Nifty Futures on the Singapore Exchange (SGX Nifty) have indicated a cautious start for national indices.

The 30-stock BSE Sensex Index jumped 316 points or 0.58% to 54,495 at the start of the session, while the broader NSE Nifty jumped 104 points or 0.64% to 16,236.

Small and mid cap stocks were trading on a strong note as Nifty Midcap 100 was up 0.32% and small caps were up 0.59%.

13 of the 15 sector indicators - compiled by the National Stock Exchange - were traded in green. The Nifty Bank and Nifty Auto sub-indices outperformed the NSE platform up 0.67% and 0.77% respectively.

On the specific stock front, M&M was Nifty's best gain as the stock climbed 2.80% to ₹ 1,165.05. Winners also include L&T, Coal India, Axis Bank and NTPC.

The overall market size was positive as 1,715 stocks were advancing while 622 were down on BSE.

In the BSE 30-share index, L&T, M&M, NTPC, Axis Bank, ICICI Bank, UltraTech Cement, PowerGrid, Infosys, Tech Mahindra, Kotak Mahindra Bank, Sun Pharma and Wipro were among the best gainers.

Additionally, shares of Life Insurance Corporation of India (LIC), the country's largest insurer and largest national financial investor, were up 1.17% to ₹ 706.30.

Conversely, Asian Paints, Tata Steel, IndusInd Bank, Hindustan Unilever, Titan, TCS, Bajaj Finance, Dr Reddy's, and Maruti all traded in the red.

Sensex was up 427 points or 0.80% to close at 54,178 on Thursday, while Nifty was up 143 points or 0.89% to settle at 16,133.

 For more information, visit: https://theequaleresearch.com/

[theequalresearch]

Share Market:Sensex falls 350 points, Nifty near 15500, Tata Steel and Tech Mahindra top losers

Sensex and Nifty are seeing a decline today amid mixed global sentiments. The Sensex has a weakness of more than 350 points. Whereas Nifty has come close to 15,500. All-round selling is being seen in the business. The biggest fall is in metal and IT stocks. More than 2 percent weakness is seen in the metal index on Nifty. Bank, financial and IT indices are down more than half a percentage point. Other indices including Auto, Pharma, FMCG and Realty are also seen in the red mark.

At present, there is a weakness of 370 points in the Sensex and it is trading at the level of 52,163, while the Nifty is trading at the level of 15,520, weakening by 118 points. Today's top losers include Tata Steel, Bajaj Finance, IndusInd Bank, Bharti Airtel, Axis Bank and Reliance.

Today the Sensex was down 345 points at 52,186 and the Nifty was down 92 points at 15,545.

For more information, visit: https://theequaleresearch.com/

Original Source: https://bityl.co/Cpyn

[beardedmrbean]

Sam Bankman-Fried, once hailed as a genius in cryptocurrency, was found guilty Thursday of all fraud counts against him, a year after his exchange, FTX, imploded and practically wiped out thousands of customers.

The verdict was reached around 7:40 p.m. ET, about four hours after the federal jury in Manhattan began deliberations.

Bankman-Fried, a co-founder of the digital currency exchange FTX, was charged with seven counts of wire fraud, securities fraud and money laundering that swindled customers of FTX and lenders to its affiliated hedge fund, Alameda Research.

Bankman-Fried “perpetrated one of the biggest financial frauds in American history,” Damian Williams, the U.S. attorney for the Southern District of New York, said after the verdict.

“The cryptocurrency industry might be new; the players like Bankman-Fried might be new,” Williams said. “But this kind of fraud, this kind of corruption, is as old as time.”

Bankman-Fried faces up to 110 years in prison. His sentencing is scheduled for March 28.

FTX and Alameda quickly collapsed in November 2022 after some of their financial liabilities were exposed. The fact that Alameda had taken billions of dollars from FTX's customers and that much of Alameda's balance sheet comprised digital currency assets it had created, was central to the case against Bankman-Fried.

Unnerved by disclosures about the firm's financial position, many of FTX’s customers tried to get their money back. That set off the equivalent of a bank run.

The value of Alameda's investments crashed, and FTX couldn’t return much of that money because it had been given to Alameda. Some went to the fund’s lenders, and billions were spent on sponsorships, commercials and loans to top executives. That, too, was a major part of the case against Bankman-Fried.

Many of FTX and Alameda's leaders were also charged after the firms went under. Former Alameda CEO Caroline Ellison, FTX co-founder Gary Wang and FTX head of engineering Nishad Singh all pleaded guilty. They agreed to cooperate with the prosecution and testify against Bankman-Fried in exchange for lighter sentences.

While Bankman-Fried testified in his own defense, it didn’t appear to have the same weight as the insider testimony against him. The prosecution, in its closing argument, said Bankman-Fried had answered “I can’t recall” 140 times while he was being cross-examined.

Bankman-Fried’s lawyers contended that he did not intend to defraud anyone and that the government was looking for someone to blame after the failures of FTX and Alameda.

Bankman-Fried was asked to rise and face the jury as the verdicts were read Thursday, and he did so. He showed little emotion as each verdict was read.

His father slumped in his seat, hunched over as each guilty verdict came in. His mother was visibly emotional.

Mark S. Cohen, Bankman-Fried’s counsel, said in an emailed statement Thursday that Bankman-Fried’s legal team respects the jury’s decision but that they are disappointed.

“Mr. Bankman Fried maintains his innocence and will continue to vigorously fight the charges against him,” he said.

Forbes had once estimated that Bankman-Fried's stakes in Alameda and FTXwere worth $26 billion. He was 29 at the time. But after the bankruptcies, that was gone. Criminal charges followed weeks later.

He also faces another trial on charges of bribing foreign officials and other counts. That trial is scheduled to begin in March, and he has pleaded not guilty to all charges.

On Thursday, Bankman-Fried was found guilty of two counts of wire fraud conspiracy, two counts of wire fraud, one count of conspiracy to commit money laundering, one count of conspiracy to commit commodities fraud and one count of conspiracy to commit securities fraud.

Williams, the prosecutor, said Bankman-Fried’s conviction should send a message to others.

“It’s a warning, this case, to every single fraudster out there who thinks that they’re untouchable or that their crimes are too complex for us to catch or that they’re too powerful for us to prosecute or that they could try to talk their way out of it when they get caught,” he said. “Those folks should think again.”

[xtruss]

Imran Khan Warns That Pakistan’s Election Could Be A Farce

His Party is Being Unfairly Muzzled, the Former Prime Minister Writes From Prison

— January 4th, 2024 | The Economist

Imran Khan, Former Prime Minister of Pakistan. Image: Dan Williams

Today pakistan is being ruled by caretaker governments at both the federal level and provincial level. These administrations are constitutionally illegal because elections were not held within 90 days of parliamentary assemblies being dissolved.

The public is hearing that elections will supposedly be held on February 8th. But having been denied the same in two provinces, Punjab and Khyber Pakhtunkhwa, over the past year—despite a Supreme Court order last March that those votes should be held within three months—they are right to be sceptical about whether the national vote will take place.

The country’s election commission has been tainted by its bizarre actions. Not only has it defied the top court but it has also rejected my Pakistan Tehreek-e-Insaf (pti) party’s nominations for first-choice candidates, hindered the party’s internal elections and launched contempt cases against me and other pti leaders for simply criticising the commission.

Whether elections happen or not, the manner in which I and my party have been targeted since a farcical vote of no confidence in April 2022 has made one thing clear: the establishment—the army, security agencies and the civil bureaucracy—is not prepared to provide any playing field at all, let alone a level one, for pti.

It was, after all, the establishment that engineered our removal from government under pressure from America, which was becoming agitated with my push for an independent foreign policy and my refusal to provide bases for its armed forces. I was categorical that we would be a friend to all but would not be anyone’s proxy for wars. I did not come to this view lightly. It was shaped by the huge losses Pakistan had incurred collaborating with America’s “war on terror”, not least the 80,000 Pakistani lives lost.

In March 2022 an official from America’s State Department met Pakistan’s then ambassador in Washington, dc. After that meeting the ambassador sent a cipher message to my government. I later saw the message, via the then foreign minister, Shah Mahmood Qureshi, and it was subsequently read out in cabinet.

In view of what the cipher message said, I believe that the American official’s message was to the effect of: pull the plug on Imran Khan’s prime ministership through a vote of no confidence, or else. Within weeks our government was toppled and I discovered that Pakistan’s Chief of Army Staff, General Qamar Javed Bajwa, had, through the security agencies, been working on our allies and parliamentary backbenchers for several months to move against us.

People flocked onto the streets to protest against this regime change, and in the next few months pti won 28 out of 37 by-elections and held massive rallies across the country, sending a clear message as to where the public stood. These rallies attracted a level of female participation that we believe was unprecedented in Pakistan’s history. This unnerved the powers that had engineered our government’s removal.

To add to their panic, the administration that replaced us destroyed the economy, bringing about unprecedented inflation and a currency devaluation within 18 months. The contrast was clear for everyone to see: the pti government had not only saved Pakistan from bankruptcy but also won international praise for its handling of the covid-19 pandemic. In addition, despite a spike in commodity prices, we steered the economy to real gdp growth of 5.8% in 2021 and 6.1% in 2022.

Unfortunately, the establishment had decided I could not be allowed to return to power, so all means of removing me from the political landscape were used. There were two assassination attempts on my life. My party’s leaders, workers and social-media activists, along with supportive journalists, were abducted, incarcerated, tortured and pressured to leave pti. Many of them remain locked up, with new charges being thrown at them every time the courts give them bail or set them free. Worse, the current government has gone out of its way to terrorise and intimidate pti’s female leaders and workers in an effort to discourage women from participating in politics.

I face almost 200 legal cases and have been denied a normal trial in an open court. A false-flag operation on May 9th 2023—involving, among other things, arson at military installations falsely blamed on pti—led to several thousand arrests, abductions and criminal charges within 48 hours. The speed showed it was pre-planned.

This was followed by many of our leaders being tortured or their families threatened into giving press conferences and engineered television interviews to state that they were leaving the party. Some were compelled to join other, newly created political parties. Others were made to give false testimony against me under duress.

Despite all this, pti remains popular, with 66% support in a Pattan-Coalition 38 poll held in December; my personal approval rating is even higher. Now the election commission, desperate to deny the party the right to contest elections, is indulging in all manner of unlawful tricks. The courts seem to be losing credibility daily.

Meanwhile, a former prime minister with a conviction for corruption, Nawaz Sharif, has returned from Britain, where he was living as an absconder from Pakistani justice. In November a Pakistani court overturned the conviction (Under United States’ Scrotums Licker Corrupt Army Generals’ Directions).

It is my belief that Corrupt to his Core Mr Sharif has struck a deal with the establishment whereby it will support his acquittal and throw its weight behind him in the upcoming elections. But so far the public has been unrelenting in its support for pti and its rejection of the “selected”.

It is under these circumstances that elections may be held on February 8th. All parties are being allowed to campaign freely except for pti. I remain incarcerated, in solitary confinement, on absurd charges that include treason. Those few of our party’s leaders who remain free and not underground are not allowed to hold even local worker conventions. Where pti workers manage to gather together they face brutal police action.

In this scenario, even if elections were held they would be a disaster and a farce, since pti is being denied its basic right to campaign. Such a joke of an election would only lead to further political instability. This, in turn, would further aggravate an already volatile economy.

The only viable way forward for Pakistan is fair and free elections, which would bring back political stability and rule of law, as well as ushering in desperately needed reforms by a democratic government with a popular mandate. There is no other way for Pakistan to disentangle itself from the crises confronting it. Unfortunately, with democracy under siege, we are heading in the opposite direction on all these fronts. ■

— Imran Khan is the Founder and Former Chairman of Pakistan Tehreek-e-Insaf and was Prime Minister of Pakistan from 2018 to 2022.

— Editor’s Note: Pakistan’s government and America’s State Department deny Mr Khan’s allegations of American interference in Pakistani politics (Bullshit! Hegemonic War Criminal Conspirator United States and Corrupt Army Generals and Politicians of Pakistan Were Clearly Involved. It’s Social Media’s Modern Era, Not 1970). The government is prosecuting him under the Official Secrets Act.

[allthebrazilianpolitics]

Investors confident in Brazil staying the course after election

A leftist former union leader is on track to replace Brazil's right-wing president and tear up the most important fiscal rule in the world's 10th largest economy, but foreign investors are largely unfazed.

Their even-keeled outlook for Brazil, where the local currency and stock market have gained this year, reflects confidence that even a highly polarized election will not ruin the relative safe haven of Latin America's largest economy.

Polls suggest former president Luiz Inacio Lula da Silva will beat incumbent Jair Bolsonaro in October's election, possibly even in Sunday's first-round vote, and take office in January.

"We have a broadly positive medium-term view on Brazilian investment opportunities," said Amer Bisat, head of emerging markets fixed income at BlackRock, pointing to an attractive mix of strong corporate earnings, a healthy financial system, plus ample foreign reserves and a current account surplus thanks to strong commodity exports.

Continue reading.

[aggravateddurian]

Maple Mike's Great White North Caravan

Introducing an original caravan for my Fallout fanfic 'Iron Guardians'.

Maple Mike's Great White North Caravan is a caravan company that made it big from selling rare commodities, and formalised the use of Golden Maple brand maple syrup bottle caps as currency in the Great White North wasteland of eastern Canada, formerly the provinces of New Brunswick, Nova Scotia and parts of eastern Quebec. The Golden Maple brand of maple syrup was a dominant brand in Canada prior to the US annexation, and the distinctive gold, white and red bottle caps became collector’s items. Much like how Nuka-Cola bottle caps became a form of currency in the American wastelands after the Great War, most of the Atlantic provinces began to use Golden Maple bottle caps.

Maple Mike’s isn’t just a trade caravan, they’re a vital line of communication for disparate settlements, as well as a currency exchange, converting water into bottle caps, and Canadian bottle caps into American bottle caps. Its founder and leader, Michael ‘Maple Mike’ McClellan, worked in the infamous pre-war Canadian Federal Maple Syrup Reserve, and was one of the driving forces of the use of Golden Maple brand syrup bottle caps becoming the go-to currency.

More lore and character profile below the cut.

Maple Mike

“Finest wares from the Great White North. Ever tried pre-war maple syrup, smoothskin?”

Maple Mike, born Michael McClellan, is a Canadian travelling trader and a pre-war ghoul, born in St. Andrews, New Brunswick, on October 3rd, 2038. Mike served in the Canadian Forces when Canada finally had enough of US domination and exploitation and managed to survive post-defeat reprisals by US troops occupying New Brunswick. He instead found employment with the New Brunswick branch of the (in)famous Canadian Federal Maple Syrup Reserve, a job with near-guaranteed job security, because of the benefit of maple syrup (and its economic boost) to the US occupation authorities.  Mike’s luck was stretched to the limit when Canada was subjected to nuclear attack.

While Mike’s family, including his wife, Annaleise, his two children, Sandra and John, perished in the Great War. Mike was somewhat less lucky, being exposed to enough radiation to ghoulify him. Now mutated by the radiation of the wasteland, Mike found himself distrusted, even feared, by the ‘smoothskins’, yet he was indispensable, because Maple Mike, as he would soon become known, had managed to get in on the ground floor. Red Maple brand maple syrup bottle caps had become an unofficial currency of the Great White North wasteland, and with his knowledge of the locations of the Canadian government’s maple syrup reserves, he was able to amass enough wealth to establish himself as a reputable trader, and owner of a trade caravan.

Mike has done business not just in New Brunswick, but in Nova Scotia, Quebec, Maine and even as south as the Capital Wasteland. However, he tends to do his business in the northern part of New England, recognising the comparative lack of centralised authority in the region and enhanced opportunities for trade with the disparate settlements, essentially making himself a vital line of communication for the Commonwealth and northern New England.

C48 light automatic rifle

Image credit: https://www.milsurps.com/showthread.php?t=78363

One of the few weapons Maple Mike will sell are the .308 calibre Canadian battle rifles, prized in the New Hampshire wastes for their reliability and stopping power. While 10, 20 and 30 round magazines were issued, 30 round straight magazines were common. The C48 is an evolution of the C2 automatic rifle, itself a variant of the classic FN FAL battle rifle, and was adopted in 2048. Many of them fell into American hands during the annexation of Canada, and have been found as far south as Panama, and as far west as the Los Angeles Boneyard.

Mike tends to sell the Canadian battle rifles without mods, expecting wastelanders to likely modify their weapons after purchase with God knows what sort of abominations.

The average C48 is sold at Maple Mike's stand in the Nashua Foundry Markets, starting at 1000 caps (or 10 litres of water).

[bittreasuryexchange]

Bit Treasury: Exploring Stablecoin Dynamics in the Cryptocurrency Market

The US House of Representatives passed the 21st Century Financial Innovation and Technology Act on May 22, which is seen by the cryptocurrency industry as another milestone victory.

Although the SEC is very dissatisfied with this, it seems that US regulatory agencies are still pushing for cryptocurrency products to enter the market for trading, and the green light is gradually turning on in more countries and regions

On May 22nd, the US House of Representatives passed a bill aimed at creating a new legal framework for digital currencies, the Financial Innovation and Technology Act of the 21st Century (FIT21), with 279 votes to 136 votes.

Among them, 71 Democrats and 208 Republicans voted in favor, while 3 Republicans and 133 Democrats voted against.

Next, the bill will enter the United States Senate for a vote, and if passed, it will go to President Biden's desk for approval. Although Biden clearly expressed opposition in a policy statement, he did not indicate that he would veto the bill.

1、 The Republicans are pushing for it, and there are also many supporters within the Democratic Party

It is reported that the bill was mainly initiated and promoted by the Republican Party, aiming to establish a regulatory system for the US cryptocurrency market, formulate consumer protection measures, grant the US Commodity Futures Trading Commission new jurisdiction over digital commodities, and clarify the jurisdiction of the US Securities and Exchange Commission over some digital assets in investment contracts.

It is not difficult to see from the vote results of the bill that the vast majority of Republicans voted in favor, while more than one-third of Democrats also voted in favor.

As one of the Democratic lawmakers who disregarded opposition from the White House, Josh Gottheimer believes that the US encryption industry needs rules, and Congress also needs a reasonable, thoughtful, and bipartisan legislation, which will be an important milestone.

In addition, two-thirds of the Democratic Party votes against it. For example, Representative Maxine Waters believes that the bill allows cryptocurrency companies that have been evading securities laws and have earned billions of dollars through illegal issuance or assistance in buying and selling cryptocurrency securities to openly evade responsibility, while the Republican proposal legalizes these activities.

On the Republican side, lawmaker Patrick McHenry, who supports the bill, said that his term in Congress is coming to an end, but the legislation for the cryptocurrency industry will not end and is unstoppable. Just as it has been repeatedly declared to be on the brink of extinction, yet still exists.

Due to the downfall of FTX, Sam Bankman Fried, former CEO and leader who had vigorously lobbied Congress for a bill, was imprisoned, and last year the progress of the US cryptocurrency bill hit a freezing point.

However, as more and more people agree that the United States should maintain its leading position in the global encryption industry, the bill has come back to life.

2、 Blocking stone SEC, dissatisfied but unable to stop?

In addition to opponents in Congress, the US Securities and Exchange Commission (SEC), which has long been seen as a roadblock by cryptocurrency industry organizations and supporters, especially its chairman Gensler, is also dissatisfied with the passage of the bill.

At the time of approval by the House of Representatives, Gensler warned that the bill "will create new regulatory gaps, undermine decades of precedent in investment contract supervision, and expose investors and capital markets to incalculable risks."

Gensler noted the high-profile lawsuits, fraud cases, bankruptcies, and failures, and insisted that cryptocurrencies should be subject to the same legal constraints as other assets. He stated in a statement that under the bill, investment contracts recorded on the blockchain will no longer be considered securities, thereby depriving investors of the protection they receive under securities laws.

He also stated that, in addition to other criticisms, the bill will allow issuers of cryptocurrency investment contracts to prove that their products are digital goods that are not regulated by the SEC, and the institution only has 60 days to question this.

However, Gensler's statement seems more like a form of dissatisfaction but unstoppable complaints. Because just two days ago, the SEC issued a hint that it may approve applications for spot Ethereum ETFs.

Today, the SEC needs to make a final decision on VanEck's spot Ethereum ETF application.

The market is also generally optimistic. Bloomberg ETF analysts have raised the probability of approval for spot Ethereum ETFs from 25% to 75% in one breath, and the price of Ethereum has risen from below $3100 to over $3700 in the past three days, with a cumulative increase of over 20%.

In addition, a week ago, there were media reports that the Chicago Mercantile Exchange (CME) planned to launch Bitcoin trading to meet Wall Street's demand. This is a signal for this traditional financial institution to open up Bitcoin spot trading, and it has already gained a leading advantage in cryptocurrency derivatives exchanges in the past few years.

3、 More countries are gaining regulatory approval for encryption related products

More encrypted financial products from more countries and regions are on the way to obtaining regulatory green lights

According to Bloomberg, on May 22nd, the UK financial regulatory authorities approved the first batch of cryptocurrency exchange traded products (ETPs), which is a step towards catching up with other financial centers in digital assets. However, according to the current regulations of the Financial Conduct Authority (FCA), they are only open to professional investors and are more stringent than in the United States.

WisdomTree and Invesco Digital Markets have both stated in their respective statements that they have obtained FCA approval to list a pair of physical supported cryptocurrency ETPs that track Bitcoin and Ethereum on the London Stock Exchange. These products may start trading as early as May 28th.

In addition, issuers such as ETC Group, 21Shares, and CoinShares have applied to list their encryption products in the UK. As of 12:00 pm on Wednesday, the entries for WisdomTree, 21Shares, and Invesco Digital Markets on the FCA website have been approved.

Hong Kong is even earlier!

On April 30th, the first batch of Bitcoin and Ethereum spot ETFs approved by the Hong Kong Securities and Futures Commission (SFC) were officially listed for trading on the Hong Kong Stock Exchange. Six digital currency spot ETFs from Bosch International, Huaxia (Hong Kong), and Harvest International have already made their debut in the Asian market.

Since its listing, Bitcoin and Ethereum spot ETFs in Hong Kong have risen by more than 11% and 17% respectively, with daily transaction volumes on the Hong Kong dollar counter exceeding HKD 38 million. At present, the total asset size of these 6 ETF products has exceeded 300 million US dollars.

The first large financial institution in the United States to enter the cryptocurrency market, with payment giant PayPal issuing USD stablecoins

Last August, American fintech company and payment giant PayPal (NASDAQ code: PYPL) announced the launch of the stablecoin PayPal USD (PYUSD) denominated in US dollars, which means that PayPal has also become the first player in the digital asset field, not just a platform that supports cryptocurrency transactions.

This is also the first large financial institution in the United States to enter the field of cryptocurrencies.

Perhaps influenced by the news, on August 7th, PayPal's stock price rose 2.66% on the US stock market, closing at $64.42, with the latest market value of $70.7 billion.

Cryptocurrency stablecoins are cryptocurrencies bound to fiat currencies such as the US dollar. It is reported that PYUSD is fully supported by US dollar deposits, short-term US treasury bond bonds and similar cash equivalents, and can be converted into US dollars 1:1.

Stablecoin makes it easier to purchase cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin, and settles transactions in digital assets faster than government issued currencies.

PayPal CEO Dan Schulman said, "The transition to digital currency requires a stable tool that is both digital native and easily connected to fiat currency like the US dollar."

PayPal stated in the announcement that in the future, eligible US users can directly purchase PYUSD in US dollars on the app. Users can transfer PYUSD between PayPal and compatible external wallets; Choose PYUSD to pay the bill at checkout; Support the exchange of cryptocurrency and PYUSD.

In June 2022, PayPal obtained a digital currency license in New York State, allowing platform users to trade Bitcoin, Ethereum, Bitcoin cash, and Litecoin assets.

PYUSD will be issued by Paxos Trust Company. Starting from September this year, Paxos will begin releasing monthly reserve reports for PYUSD.

PayPal stated that PYUSD will connect transactions between fiat currency and digital currency for consumers, merchants, and developers. As the only supported stablecoin in the PayPal network, PYUSD leverages PayPal's decades of experience in large-scale payments, as well as the speed, cost, and programmability of blockchain protocols. PYUSD aims to reduce payment friction in virtual environments, quickly transfer assets, support user remittances or international payments, and achieve direct flow of digital currency to developers and creators.

As an ERC-20 token issued on the Ethereum blockchain, PayPal USD can be easily adopted by exchanges.

According to the Coinmarketcap website, currently, the world's largest stablecoin by market value is Tether USDT, with a market value of 834.64 billion US dollars; Next is USD Coin, issued by encryption provider Circle, with a market value of 26.161 billion US dollars. Other well-known stablecoins include the stablecoin BUSD issued by Binance.

Previously, Meta's predecessor Facebook had planned to launch the stablecoin Libra in 2019, but the project was terminated due to regulatory concerns that it could disrupt global financial stability.

Recently, there has been a shift in regulatory attitudes towards stablecoins. In July, the Financial Services Committee of the United States House of Representatives proposed a bill to establish a federal regulatory framework for stablecoins, which will focus on the registration and approval process rules for stablecoin issuers. US Congressman Patrick McHenry stated that PayPal's announcement indicates that stablecoins will provide a pillar of security for the US 21st century payment system.

[frankjarrry885]

Dubai Mainland's Blockchain Revolution: Transforming Industries and Driving Innovation

In recent years, Dubai Mainland has emerged as a global leader in blockchain adoption, harnessing the transformative potential of this revolutionary technology to revolutionize industries, streamline processes, and foster innovation. With ambitious initiatives and forward-thinking strategies, Dubai Mainland is paving the way for a blockchain-powered future. In this article, we delve into the blockchain revolution in Dubai Mainland, exploring its impact on various sectors and the opportunities it presents for businesses and individuals.

Government Efficiency and Transparency

Importance:

Blockchain technology enables business setup in dubai mainlandto enhance government efficiency, transparency, and trust through secure, immutable, and decentralized digital ledgers.

Key Points:

Digital Identity Management: Blockchain-based digital identity solutions streamline government services, authentication processes, and identity verification, enhancing security and reducing bureaucracy.

Smart Contracts: Smart contract platforms automate and digitize contractual agreements, transactions, and regulatory compliance, facilitating efficient and transparent interactions between government entities, businesses, and citizens.

Blockchain Voting Systems: Dubai Mainland explores blockchain-based voting systems to enable secure and transparent elections, enhance voter participation, and ensure the integrity of democratic processes.

Financial Services and Banking

Importance:

Blockchain disrupts traditional financial services and banking in Dubai Mainland, offering decentralized, secure, and efficient solutions for payments, remittances, and asset management.

Key Points:

Cross-Border Payments: Blockchain-powered payment networks enable fast, low-cost, and secure cross-border transactions, reducing reliance on traditional banking intermediaries and enhancing financial inclusion.

Tokenization of Assets: Asset tokenization platforms digitize and tokenize real-world assets, such as real estate, stocks, and commodities, unlocking liquidity, fractional ownership, and investment opportunities for individuals and institutions.

Central Bank Digital Currency (CBDC): Dubai Mainland explores the issuance of central bank digital currencies on blockchain platforms, enhancing monetary policy implementation, reducing cash usage, and promoting financial innovation.

Supply Chain Management and Logistics

Importance:

Blockchain transforms supply chain management and logistics in Dubai Mainland, enabling end-to-end visibility, traceability, and integrity of goods and transactions across the supply chain.

Key Points:

Traceability and Authenticity: Blockchain-based supply chain platforms track and authenticate products, raw materials, and components throughout the supply chain, combating counterfeit goods, ensuring product quality, and enhancing consumer trust.

Smart Contracts for Logistics: Smart contracts automate and execute logistics processes, such as shipping, customs clearance, and warehousing, based on predefined conditions and agreements, reducing delays, disputes, and administrative overhead.

Trade Finance and Documentation: Blockchain streamlines trade finance processes, digitizing trade documentation, such as letters of credit, bills of lading, and invoices, facilitating faster, more efficient, and secure trade transactions.

Real Estate and Property Management

Importance:

Blockchain disrupts the real estate and property management industry in Dubai Mainland, revolutionizing property transactions, title deeds, and land registries with transparent, secure, and immutable records.

Key Points:

Tokenized Real Estate Assets: Blockchain platforms tokenize real estate assets, allowing fractional ownership, liquidity, and investment diversification, democratizing access to real estate markets for individual investors.

Smart Contracts for Property Transactions: Smart contracts automate and enforce property transactions, escrow services, and rental agreements, reducing transaction costs, eliminating intermediaries, and minimizing fraud risks.

Blockchain Land Registries: Dubai Mainland explores blockchain-based land registries and property databases, ensuring transparent, tamper-proof, and auditable records of land ownership, transfers, and encumbrances.

Healthcare and Medical Records

Importance:

Blockchain revolutionizes healthcare and medical records management in Dubai Mainland, enabling secure, interoperable, and patient-centric health data exchange and management.

Key Points:

Electronic Health Records (EHR): Blockchain-based EHR systems provide patients and healthcare providers with secure access to comprehensive, encrypted health records, enhancing care coordination, patient outcomes, and data privacy.

Health Data Sharing: Patients control access to their health data and consent to data sharing through blockchain-enabled consent management platforms, ensuring confidentiality, security, and compliance with privacy regulations.

Medical Supply Chain Tracking: Blockchain tracks and verifies the authenticity, provenance, and integrity of pharmaceuticals, medical devices, and supplies throughout the supply chain, reducing counterfeit drugs, ensuring quality, and enhancing patient safety.

Smart Contracts and Decentralized Applications (DApps)

Importance:

Smart contracts and decentralized applications (DApps) empower developers, entrepreneurs, and businesses in Dubai Mainland to build innovative, autonomous, and decentralized solutions across various industries.

Key Points:

Decentralized Finance (DeFi): DeFi platforms leverage smart contracts to enable peer-to-peer lending, borrowing, trading, and asset management without intermediaries, providing financial services to underserved populations and disrupting traditional finance.

Blockchain Gaming and NFTs: Blockchain-based gaming platforms and non-fungible tokens (NFTs) revolutionize the gaming industry, enabling true ownership of in-game assets, provably fair gameplay, and new monetization models for gamers and developers.

Supply Chain Traceability DApps: Decentralized applications track and trace supply chain data, certifications, and sustainability credentials on blockchain networks, empowering consumers to make informed choices and incentivizing businesses to adopt responsible practices.

Conclusion

The blockchain revolution in Dubai Mainland heralds a new era of innovation, efficiency, and transparency across industries, transforming governance, finance, supply chain management, real estate, healthcare, and decentralized applications. By embracing blockchain technology and fostering a conducive ecosystem for innovation, Dubai Mainland is poised to lead the global blockchain revolution, driving economic growth, enhancing competitiveness, and shaping the future

[equalresearch]

SIP accounts reach an all-time high of 5.55 crores, investment of 12,276 crores

Despite the continued sale of foreign investors from Indian stock markets, the decline in global markets, the weakness of the rupee, the rise in inflation, retail investors have confidence in mutual funds. Last June, the number of SIP accounts hit an all-time high of 5.55 crore. Not only this, the investment from SIP also reached an all-time high of Rs 12,276 crore.

The mutual fund portfolio grew 31% year-on-year

According to data from Amfi, an association of mutual fund companies, equity funds recorded net investments for the 16th consecutive month in June. The asset under management in the sector reached an all-time high of Rs 35.64 lakh crore. The number of mutual fund portfolios grew 31% year-on-year. These increased to 13.46 crore from 10.25 crore in June 2021.

The number of SIP accounts hit an all-time high of 5.55 crore. The net AUM of the retail schemes (Equity + Hybrid + Solution Oriented) grew 16% yoy to Rs 17.91 lakh crore. Retail schemes saw positive net flow of Rs 13,338 crore in June for the 16th consecutive month after March 2021.

All retail equity schemes recorded positive inflows in June

says NS Venkatesh, CEO of Amfi, the trend of small investors to save through SIPs. The mega trend of financialization of savings also continues in the country. All retail equity schemes, indices, ETFs and FoFs showed positive investments in June. This reflects the confidence of retail mutual fund investors towards long-term growth amidst the ups and downs of the stock market.

For more information, visit: https://theequaleresearch.com/

[prismmediawire]

SPZI: Bloxcross and JP 3E Holdings to Launch Global Platform for Trade Finance

Clearwater, FL., April 30, 2024 - Bloxcross, a leader in blockchain-based financial solutions, in partnership with JP 3E Holdings, Inc., (“JP3E”) formerly Spooz, Inc. (OTC: SPZI), a prominent global commodity trading firm, is excited to announce the launch of a new, comprehensive platform designed to revolutionize global trade finance. This innovative platform integrates artificial intelligence to streamline and enhance financial transactions across international borders. 

The platform aims to transform the traditional landscape of trade finance by addressing common challenges such as transaction delays, currency exchange risks, and regulatory complexities. By harnessing the power of artificial intelligence, the platform will reduce costs and improve the speed of transactions, thus providing a competitive edge to international traders.

Innovative Features Set to Redefine Trade Finance

"Our new platform with JP3E represents a quantum leap in trade finance technology," said Diego Baez, CEO of Bloxcross. "With AIC, we’re not just speeding up transactions; we’re also ensuring they are more secure and cost-effective. This technology allows our clients to navigate fluctuating currency markets with unprecedented ease and precision." 

The collaboration between Bloxcross and JP3E combines deep industry knowledge with innovative technological solutions, setting a new standard for global trade finance. Clients across various industries can look forward to a range of benefits, including enhanced liquidity management and minimized exposure to currency volatility.

Commitment to Driving Global Trade

"This platform is more than a technological advancement; it’s a tool for expanding businesses including LNG trading businesses around the globe." said John Park, CEO at JP3E. "We are committed to continuously improving and expanding its capabilities to meet the evolving needs of the global market." Discover more about JP3E and their vision at https://www.jp3eholdings.com/.

Bloxcross and JP3E are dedicated to ensuring that businesses of all sizes have the knowledge and tools they need to succeed in the competitive world of international trade. Bloxcross and JP3E are deepening their partnership to propel their growth to unprecedented heights.

About Spooz, Inc. (SPZI) now JP 3E Holdings, Inc.(“JP3E”):

JP3E is a global leader in commodity trading, known for its innovative approach to optimizing trade processes and solutions across numerous sectors. With a commitment to sustainability and market leadership, JP3E continues to drive new trends and solutions in global commodity markets. Operating companies to supply the world with the vital needs of Eating, Energy, and Education (3E) which are essential needs for our everyday living and quality of life.

About Bloxcross

Bloxcross is at the forefront of financial technology, specializing in blockchain-based solutions for cross-border payments and trade finance. Dedicated to streamlining global financial transactions, Bloxcross provides secure, fast, and cost-effective services to clients worldwide. To learn more about their groundbreaking solutions visit www.blox.global. 

SAFE HARBOR ACT: Forward-looking statements are included within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company's expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations or listing on an exchange - including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will" and other similar expressions - are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond the Company's control and may cause actual results, performance or achievements to differ materially from anticipated results, performance or achievements. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. No information in this press release should be construed in any manner whatsoever as an indication of the future performance of the Company's revenues, financial condition or stock price.

Company Contact:

John K. Park, Chairman and CEO

john.park@jp3eholdings.com

Office: 727 216 6765

Websites: https://www.jp3e.com/

https://www.jp3eholdings.com/

Twitter: http://www.twitter.com/SpoozInc

Facebook: http://www.Facebook.com/SpoozInc

Email: info@jp3e.com

SOURCE: Spooz, Inc.

[forex-pr-wire]

The Definitive Guide to Press Releases with Forex PRWIRE

Introduction:

In the fast-paced world of forex trading, where every decision counts and market shifts can happen in the blink of an eye, effective communication isn't just important—it's essential. That's where Forex PRWIRE comes in. As a premier press release distribution service crafted exclusively for the forex industry, FOREX PR WIRE is all about helping businesses like yours make a splash in the global market. Let's take a closer look at what Forex PRWIRE is all about, why press releases matter, the benefits they offer, the best times to use them, and why Forex PRWIRE is the perfect partner for spreading the word about your forex projects.

What is Forex PRWIRE?

Think of Forex PRWIRE as your trusted ally in the world of forex. We're here to help you get your message out to the right people, at the right time, and in the right way. Our mission is simple: to provide forex brokers, trading platforms, educational institutions, fintech companies, and other players in the forex space with a platform to share their news, updates, and insights with a global audience.

What is a Press Release?

At its heart, a press release is like a megaphone for your business. It's a way to announce something newsworthy—whether it's a product launch, a market analysis, or a regulatory update—and get people talking about it. In the forex world, press releases are your ticket to building credibility, fostering transparency, and connecting with your target audience.

About our Press Release Network:

some of the prominent press release networks where ForexPRWIRE distributes press releases:

Benzinga: Benzinga is a leading financial news and analysis platform, trusted by traders, investors, and industry professionals worldwide for its comprehensive coverage of market trends, news, and insights.

CNBC: CNBC is a global leader in business news, providing real-time coverage of financial markets, economic trends, and corporate developments. Press releases distributed through CNBC reach a vast audience of investors, traders, and financial professionals.

Yahoo Finance: Yahoo Finance is one of the largest financial news platforms, offering news, analysis, and data on stocks, currencies, commodities, and more. Press releases distributed through Yahoo Finance gain exposure to millions of users seeking financial information and market updates.

Advantages of Forex Press Releases:

Press releases offer a whole host of benefits for forex businesses:

1. Getting Noticed: With Forex PRWIRE, your press releases don't just get sent out into the void—they get noticed. We have connections with forex media outlets, financial news websites, and trade publications all over the world, ensuring that your announcements reach the right people.

2. Building Trust: By consistently sharing news and updates through press releases, you can build trust and credibility within the forex community. Whether you're a new player or a seasoned pro, press releases are your ticket to establishing yourself as a trusted authority in the industry.

3. Boosting Your SEO: Press releases aren't just about getting your message out there—they're also great for boosting your search engine rankings. By incorporating relevant keywords and industry-specific terminology, you can improve your visibility online and drive more traffic to your website.

4. Targeting Your Audience: With press releases, you have the power to target your message to specific segments of the forex market. Whether you're speaking to traders, investors, or industry influencers, press releases help you tailor your message for maximum impact.

When Should You Do a Press Release (Stages of Press Release)?

Press releases are most effective at different stages of your business's journey:

1. Launching Something New: Whether it's a new trading platform, a ground breaking tool, or a game-changing service, press releases are the perfect way to generate buzz and get people excited about what you're doing.

2. Sharing Insights: If you've got something valuable to say about the market—whether it's a trend, an analysis, or a prediction—press releases are your chance to share your insights with the world and establish yourself as a thought leader in the industry.

3. Keeping People Informed: In a rapidly changing regulatory landscape, press releases are your lifeline for keeping your audience informed about important changes that could affect their trading activities.

Why Choose Forex PRWIRE as Your Press Release Service Platform?

Here's why ForexPRWIRE is the perfect partner for getting your message out there:

1. Expertise: Our team of seasoned professionals knows the forex industry inside and out, and we know how to craft press releases that get results.

2. Global Reach: With our extensive network of media outlets and industry channels, we can ensure that your press releases reach the right people, wherever they are in the world.

3. Tailored Solutions: We offer a range of distribution packages to suit your needs and budget, so you can choose the option that's right for you.

4. Actionable Insights: Our advanced reporting and analytics tools give you valuable insights into how your press releases are performing, so you can fine-tune your strategy and get better results.

5. Personalized Support: We're here to support you every step of the way, from crafting your press release to tracking its performance. With Forex PRWIRE, you're not just another client—you're part of the family.

Conclusion:

Forex PRWIRE is your ticket to success in the world of forex. With our expertise, our reach, and our commitment to excellence, we'll help you get your message out there and make a real impact on your audience. So why wait? Choose Forex PRWIRE as your press release partner and start making waves in the forex industry today.

[forex-trading-online-jrfx]

JRFX Webtrader: Leading the Pack in Online Trading with CFDs

JRFX webtrader leading cfd platform online trading. In the fast-paced and dynamic world of online trading, finding a reliable and innovative platform is essential. Among the myriad of options available, JRFX Webtrader stands tall as the leader in Contract for Difference (CFD) trading. Let's delve into what sets JRFX Webtrader apart and why it is the go-to choice for traders seeking success in the online trading arena.

Cutting-Edge Technology for Seamless Trading At the heart of JRFX Webtrader's success is its cutting-edge technology. The platform is designed with the modern trader in mind, offering a sleek and user-friendly interface. Whether you're a seasoned professional or a novice trader, navigating through JRFX Webtrader is intuitive and efficient. This allows traders to focus on analyzing market trends and making informed decisions without any technical hurdles.

Extensive Range of Tradable Assets One of the key advantages of JRFX Webtrader is its expansive range of tradable assets. From forex and commodities to indices and cryptocurrencies, the platform offers a diverse selection to suit every trader's preference. Whether you're looking to capitalize on the stability of major currency pairs or the volatility of cryptocurrencies, JRFX Webtrader has the tools and assets you need to succeed.

Advanced Charting Tools for In-Depth Analysis To make informed trading decisions, thorough analysis is crucial. JRFX Webtrader provides advanced charting tools that allow traders to conduct in-depth technical analysis with ease. Whether you prefer candlestick charts, line charts, or bar charts, the platform offers a variety of options to suit your trading style. These powerful tools empower traders to identify trends, patterns, and potential entry and exit points with precision.

Robust Risk Management Features Risk management is at the core of successful trading, and JRFX Webtrader understands this well. The platform offers a range of robust risk management features, including stop-loss orders and limit orders. These tools enable traders to set predefined levels of risk and protect their capital, even in volatile market conditions. With JRFX Webtrader, you can trade with confidence knowing that your risk is managed effectively.

Dedicated Customer Support JRFX Webtrader goes above and beyond to provide exceptional customer support. Whether you have a question about a specific trade, need assistance with the platform, or require technical support, their team of experts is available to assist you 24/5. This dedication to customer service ensures that traders can trade with peace of mind, knowing that help is always just a click or call away.

Conclusion: Elevate Your Trading with JRFX Webtrader In conclusion, JRFX ( https://www.jrfx.com/?804 ) Webtrader leads the pack in online trading with CFDs due to its cutting-edge technology, extensive range of tradable assets, advanced charting tools, robust risk management features, and dedicated customer support. Whether you're a beginner or an experienced trader, JRFX Webtrader provides the ideal platform to elevate your trading experience and achieve your financial goals.

[exyot]

Saudi Shipping Giants: Navigating Global Waters with Excellence

In the vast expanse of global trade, the shipping industry serves as the lifeblood, connecting economies and facilitating the movement of goods across continents. In this intricate network, Saudi Arabia has emerged as a significant player, boasting a fleet of shipping companies that navigate the world's oceans with excellence. This article delves into the world of Saudi shipping giants, exploring their impact on global trade, their strategies for success, and the challenges they face in an ever-evolving industry shipping companies in Saudi Arabia

The Significance of Saudi Shipping Companies in Global Trade

Saudi Arabia, with its strategic location along major shipping routes, plays a crucial role in global trade. The Kingdom's shipping companies serve as vital links in the supply chain, transporting a wide range of commodities, including oil, petrochemicals, and consumer goods, to destinations around the world. With a focus on efficiency, reliability, and innovation, Saudi shipping giants contribute significantly to the seamless flow of goods and the growth of international commerce.

Strategies for Success: Efficiency and Innovation

At the heart of the success of Saudi shipping companies lies a commitment to efficiency and innovation. Leveraging state-of-the-art vessels, advanced logistics technology, and strategic partnerships, these companies optimize their operations to deliver superior service to their customers. By embracing digitalization, automation, and sustainable practices, Saudi shipping giants stay ahead of the curve in a rapidly changing industry landscape.

Expanding Fleet and Infrastructure Investments

To meet the growing demand for maritime transportation, Saudi shipping companies continue to expand their fleets and invest in infrastructure development. Whether it's acquiring new vessels, upgrading port facilities, or enhancing cargo handling capabilities, these investments position Saudi Arabia as a key player in the global shipping market. By increasing capacity and improving efficiency, the Kingdom's shipping companies are better equipped to handle the challenges of an increasingly interconnected world.

Strategic Alliances and Global Reach

In an effort to strengthen their competitive position, Saudi shipping companies forge strategic alliances and expand their global reach. By partnering with international carriers, logistics providers, and port operators, these companies gain access to new markets, routes, and services. Through joint ventures, alliances, and consortiums, Saudi shipping giants enhance their operational efficiency, reduce costs, and offer customers a broader range of shipping options.

Navigating Challenges: Geopolitical, Economic, and Environmental

Despite their success, Saudi shipping companies face a myriad of challenges in today's dynamic business environment. Geopolitical tensions, trade disputes, and regulatory changes can impact shipping routes, port operations, and business strategies. Economic fluctuations, currency fluctuations, and fuel price volatility also pose risks to profitability and sustainability. Moreover, environmental concerns, such as emissions regulations and marine pollution, require shipping companies to adopt eco-friendly practices and invest in clean technologies.

Case Study: Bahri - Leading the Way in Maritime Excellence

One standout example of a Saudi shipping giant is Bahri, the National Shipping Company of Saudi Arabia. With a diverse fleet of vessels, including crude oil tankers, chemical tankers, and dry bulk carriers, Bahri is a global leader in maritime transportation. The company's commitment to excellence, innovation, and sustainability has earned it numerous accolades and industry awards. By embracing digitalization, optimizing routes, and implementing eco-friendly initiatives, Bahri continues to set new standards for excellence in the shipping industry.

Future Outlook: Embracing Digitalization and Sustainability

Looking ahead, the future of Saudi shipping companies is shaped by digitalization and sustainability. By harnessing the power of data analytics, artificial intelligence, and blockchain technology, these companies can optimize operations, reduce costs, and enhance customer service. Moreover, by embracing sustainable practices, such as fuel-efficient vessels, alternative fuels, and emission reduction measures, Saudi shipping giants can mitigate environmental impact and secure their long-term viability in a rapidly changing world.

Sailing Towards a Bright Future

Saudi shipping companies are indispensable players in the global maritime industry, navigating the world's oceans with excellence and precision. Through their commitment to efficiency, innovation, and sustainability, these companies drive economic growth, facilitate trade, and connect nations across the globe. As they continue to navigate the challenges and opportunities of an evolving industry landscape, Saudi shipping giants are poised to shape the future of global trade and maritime transportation for generations to come documentation assistance -SFDA, SASO ,FASAH , SABER

[tobecomeagreattrader]

To become a great trader

The Blueprint to Becoming a Great Trader

Financial market trading may be a thrilling adventure with lots of chances to make money. But being successful in trading requires more than just good fortune. It's a talent that can be developed with plan, discipline, and knowledge. Learning the art of trading takes commitment and a willingness to learn, regardless of experience level. We'll go over the key components that can make you a successful trader in this extensive tutorial.

Understanding the Market Dynamics

Having a firm grasp of the market you're entering is essential before you take the plunge into trading. Every market, whether it be for equities, foreign exchange, commodities, or crypto currency, has its own set of dynamics and regulations. Spend some time learning about the basics, which include the dynamics of supply and demand, economic indicators, and geopolitical events that may affect prices.

To become a great leader JOIN NOW

Developing a Trading Plan

Having a clear and well-defined trading plan is essential to effective trading. Your objectives, risk tolerance, entry and exit tactics, and money management guidelines are all outlined in your trading plan. It acts as a guide to help you stay disciplined and focused in the face of erratic market conditions. Your trading strategy should be customized to your unique goals and preferences, taking into consideration elements such as available capital, trading style, and time horizon.

Mastering Technical Analysis

A effective tool used by traders to examine price patterns and spot possible trades is technical analysis. Through examining charts and utilizing diverse technical indicators, traders can get knowledge about market patterns, levels of support and resistance, and momentum indicators. Your ability to make wise trading decisions can be improved by learning to analyze price movement and patterns like head and shoulders, double tops, and trend lines.

To become a great leader JOIN NOW

Risk Management Strategies

In the long run, effective risk management can make the difference between trading success and failure. By putting good risk management techniques into practice, you may safeguard your investment and reduce losses in volatile markets. This entails avoiding overly leveraged positions, diversifying your portfolio, and placing stop-loss orders. Before making a trade, you may also evaluate the possible profits in relation to the risk involved by computing the risk-reward ratio.

Emotional Discipline

Strong emotions like fear, greed, and anxiety can be triggered by trading, which can impair judgment and cause impulsive judgments. Retaining a logical mentality and following your trading plan need the development of emotional discipline. Use mindfulness exercises to maintain your composure under pressure, such as deep breathing and visualization. Recall that trading involves losses, and it's important to learn from them instead than letting your emotions get in the way.

Continuous Learning and Adaptation

Technological developments, alterations in regulations, and fluctuations in investor attitude are the factors driving the continuous evolution of the financial markets. It's critical for traders to be educated and flexible in response to shifting market conditions. To increase your knowledge and abilities, set aside time for continuous study through books, online courses, and seminars. Embrace a community of traders who are encouraging and willing to share their experiences and thoughts.

To become a great leader JOIN NOW

Back testing and Optimization

Using historical data, back testing is an invaluable tool for assessing the performance of your trading strategy. Through trade simulations based on historical market conditions, you can evaluate your trading system's effectiveness and profitability. Utilize back testing to find your strategy's advantages and disadvantages and make the necessary corrections. In order to increase your chances of success, make constant improvements to your trading plan based on actual results.

Patience and Persistence

Being a successful trader takes time to develop. It calls for endurance, perseverance, and a readiness to take lessons from both achievements and setbacks. Remain steadfast in adhering to your trading strategy and resist giving in to the allure of instant gains or FOMO (fear of missing out). Keep your attention on the long-term objectives and your dedication to ongoing development.

Conclusion

It takes commitment, discipline, and a willingness to learn to become a great trader. You may improve your chances of making money in the financial markets by learning about market dynamics, creating a sound trading strategy, becoming proficient in technical analysis, putting risk management techniques into practice, and exercising emotional restraint. Recall that minimizing risk and taking advantage of chances are more important in trading than being correct all the time. Continue to learn, be persistent, and exercise patience. The secrets to successful trading can be unlocked with the appropriate attitude and strategy.

Disclaimer

There are affiliate links of a best product in this article which can provide some profit for me.

[eagleeyecoin11]

EAGLEEYE COIN: Unleashing DeFi's Evolution with Real World Asset Integration

EAGLEEYE COIN: Unleashing DeFi's Evolution with Real World Asset Integration

Connecting the World: Integrating Real World Assets into DeFi The Decentralized Finance (DeFi) ecosystem is on the cusp of a major evolutionary leap through the integration of Real World Assets (RWAs). This paper explores the transformative potential of RWAs to address a key limitation in the DeFi space by enhancing revenue creation opportunities for digital currency holders. By examining tokenization mechanisms, market impacts, and the role of key players, we reveal the challenges and opportunities for bridging the gap between traditional finance and its decentralized counterpart.

The eFi paradigm and its limitations The DeFi ecosystem heralds a new era of financial inclusion and innovation, realizing mechanisms for generating revenue, lending and borrowing without the need for traditional intermediaries. However, a major challenge remains the limited scope of revenue-generating opportunities, which are largely confined to crypto-based assets. This limitation has led to a search for solutions that can diversify investment options and stabilize the DeFi market.

Tokenization of tangible assets: a way to enhance liquidity and accessibility RWA's tokenization represents a key innovation that provides an avenue for seamlessly integrating tangible assets such as real estate, commodities and financial instruments into the DeFi ecosystem. By creating digital tokens that represent ownership or rights to these assets, DeFi can tap into the vast potential of traditional markets to enhance liquidity and accessibility. This process relies on blockchain technology and smart contracts to ensure transparency, security and efficiency in the management and trading of tokenized assets.

PayPal's Strategic Entry into DeFi: A Bold Move to Redefine Finance In an era where traditional and decentralized finance (DeFi) are increasingly intersecting, PayPal's latest investment is a testament to the evolving landscape of digital finance. The company's intention to enter the DeFi space underscores a broader strategy to leverage the growing potential of blockchain technology and decentralized systems. The recent partnership with Backed and the listing of PYUSD on Morpho marks a key example of PayPal's commitment to this innovative area of finance.

This chart visualizes the hypothetical impact of PYUSD's integration into the DeFi ecosystem, showing a significant increase in DeFi adoption and revenue opportunities over time. As PYUSD enters DeFi with Morpho Blue, enthusiasm and innovation in the digital finance space continues to grow, leading to a decrease in traditional financial activity. This visual story highlights the transformative potential of integrating digital currencies such as PYUSD with the DeFi platform, signaling the dawn of a new era in finance, where digital and traditional assets combine to create a more inclusive, stable, and dynamic financial landscape.

Breaking New Ground for DeFi: PayPal PayPal, the global leader in digital payments, is not only entering the DeFi space, it's redefining it. With the launch of PYUSD, the PayPal-regulated U.S. dollar stablecoin developed by Paxos, the company is bridging the gap between fiat and digital currencies. This strategic move is in line with PayPal's vision to leverage the immutability and transparency of blockchain technology to deliver a seamless, secure and inclusive financial ecosystem.

PYUSD: A Cornerstone of PayPal's DeFi Strategy PYUSD embodies PayPal's DeFi approach by being integrated into the decentralized lending protocol Morpho through Backed's tokenization platform. This partnership enables PYUSD holders to generate revenue by participating in DeFi lending activities backed by real-world assets (RWAs). These initiatives not only enhance the utility of PYUSD, but also demonstrate PayPal's commitment to fostering an open financial system.

Entering the DeFi Arena PayPal's entry into DeFi makes it a direct competitor to established players like USDC issuer Circle. By leveraging its large user base and brand trust, PayPal aims to gain a significant foothold in the DeFi market. The race is expected to spur innovation, drive wider adoption of DeFi services, and potentially lead to more stable and user-friendly financial products.

PayPal's Future in DeFi As PayPal continues to explore and integrate with the DeFi platform, the potential to create more convenient and diverse financial services is enormous. From providing more revenue-generating opportunities to facilitating seamless cross-border transactions, PayPal's DeFi program will redefine the way we think about money and investing in the digital age. RWA's Impact on DeFi: A New Vision for Investment Opportunities Incorporating RWA into the DeFi platform has the potential to dramatically change the investment landscape. By offering stable, income-producing opportunities through realistically valued assets, DeFi can attract a broader investor base, including institutional participants. This shift not only promises to increase total locked-in value (TVL) within the ecosystem, but also mitigate the volatility inherent in proprietary investments in cryptocurrencies.The growth of value on the RWA chain and portfolio diversification underscores the growing interest and confidence in integrating RWA into DeFi.

Overcoming Obstacles: Addressing Regulatory and Technical Challenges While the future looks bright, the path to fully integrating RWA into DeFi is fraught with regulatory, security and scalability challenges. Dealing with a complex regulatory environment, ensuring a secure link between physical assets and their digital representations, and scaling the underlying platform to handle increasing transaction volumes are key hurdles that must be addressed. Achieving a balance between innovation and compliance is critical to the sustainable growth of DeFi with RWA.

The Pool of Opportunity: How It Works Imagine a vault orchestrated by Steakhouse Financial in a Morpho Blue loan agreement. Users can now deposit their PYUSD into this vault and begin the journey of generating revenue by lending to others. This vault is more than just a vault; it is a vault. It is backed by robust and reliable assets such as Tokenized Treasury Bill ETFs and Liquidity Pledge Tokens, ensuring a steady, secure return on your digital currency.

In addition to these cutting-edge assets, the Steakhouse Vault plans to incorporate Backed's innovative bIB01 token, a tokenized version of the Treasury Bill ETF. This inclusion further enriches the vault's asset base by giving users access to traditional financial instruments in the DeFi ecosystem. The bIB01 token represents an important step in the convergence of traditional and decentralized finance, embodying the Vault's dual-engine revenue strategy by combining the reliability and familiarity of government-backed securities with the dynamic and decentralized nature of blockchain technology.

Twin Engine Earnings: A Symphony of Traditional and Crypto Rewards Steakhouse Financial has designed a "double engine" strategy in this vault, harmonizing traditional returns on real-world assets with the dynamic rewards of the crypto world. This innovative approach optimizes returns across a wide range of market conditions, making your investment journey both exciting and rewarding.

Democratizing Finance: The Role of Tokenized Assets Backed's tokenized assets (bToken) play a key role in this ecosystem. These tokens, which represent real-world assets, are traded on the blockchain, providing stable returns that are unaffected by volatile crypto markets. This not only democratizes access to investment, but also adds a layer of stability and security to your digital currency holdings.

Empowering innovation: a lending marketplace without a license Morpho Blue's unique feature allows anyone to create a lending marketplace with any asset, ushering in a new era of financial inclusion and innovation. This permissionless approach ensures a dynamic and adaptable ecosystem where communities drive growth and diversity.

Voices of Vision: Leaders Spearheading Change Leaders from Backed, Steakhouse Financial, and Morpho Labs expressed their excitement and commitment to this visionary program. They highlighted the creation of combinable, interoperable tokenized assets and a focus on open, transparent finance as key drivers behind this initiative.

About Visionaries Backers: a Switzerland-based pioneer dedicated to bringing real-world assets onto the chain and ensuring investors receive best-in-class reliability. Steakhouse Financial: a leading DeFi consulting firm specializing in stablecoins and real-world assets, contributing to the financial workflows of leading DAOs. Morpho: a decentralized lending protocol that simplifies the lending and borrowing of any digital asset, championing efficiency and inclusivity. The future beckons This integration is more than just a technical milestone. It's a leap towards a more inclusive, stable and vibrant DeFi ecosystem. PayPal's PYUSD, with its regulated and reliable foundation, coupled with Backed and Morpho's innovative platforms, paves the way for a financial future that is open, transparent and accessible to all.

Welcome to a new era of finance, where digital currencies like PYUSD open up a world of possibilities, making the complex simple, the unreachable accessible, and the future of finance a reality.

[capitalxtendsmartinvestment]

Top 10 Forex Brokers in India

In today’s thriving world of Trading, selecting a trustworthy broker is important. When trading forex in India, traders should make sure their broker complies with the rules established by the Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI), in addition to selecting a platform that offers competitive spreads and a variety of currency pairs.

We set out to investigate an online currency trading platform that has been approved by SEBI and the RBI in this blog post. Come and understand a list of carefully selected firms that will establish the benchmark for security and legitimacy in Indian Forex trading.

List of Top 10 Forex Brokers in India

The top forex trading platforms in India are listed and reviewed below, along with comprehensive details on each platform’s features and attributes.

CapitalXtend

CapitalXtend is a prominent Forex broker providing exclusive benefits that far surpass the rest. With an impressive 1:5000 leverage, traders can unleash huge possibilities. With eminent forex trading conditions with the lowest spread at 0.0 and free access to more than 300 instruments, CapitalXtend empowers investors with the needed tools for success in the volatile currency market.

OANDA

OANDA, well a reputed forex streaming platform in India, with its user-friendly interface and robust features. Having a reputation for reliability and transparency, It provides access to many currency pairs and trading instruments. Globally trusted, It is the forex traders’ top pick when it decide to navigate the forex market with confidence.

AvaTrade

AvaTrade is a leading trade forex online platform for trading which is well known for its tight spread and zero commission charges. Offering up to 30:1 AvaTrade provides powerful leverage and instant execution, offering traders convenient and flexible trading platforms. With 24/7 support by your side, you can face the markets with confidence, knowing help is always at hand.

CMC Markets

CMC Markets towers as a leader forex broker with more than 300 forex pairs, 70+ indices, 18+ cryptocurrencies, 11000+ shares & ETFs, 90+ commodities, and 40+ treasuries to its credit. Starting as low as 0.5 pips with a wide array of offerings, it calls to traders looking for varied opportunities.

Inveslo

Inveslo becomes the top choice forex broker with the high grades of benefits provided. With a generous 1:2000 leverage, traders can add possible gains. With a minimum spread of 0.01 and access to over 300 financial instruments, Inveslo provides traders with multiple choices. Additionally, their 24/7 multilingual support guarantees assistance is always on hand.

eToro

eToro a multi-asset forex trading online platform allows you to trade forex with more than 3000 financial instruments and 5000+ trading assets. Benefiting from the transparency of all the fee calculations, it is an ideal fit even for those with little experience for it comes with simple and intuitive solutions. Ease of use makes trading through this platform pleasant and it has become traders’ first choice.

IronFx

IronFX, trusted by more than 1.5 million retail clients, provides top-tier trading conditions and 24/5 multilingual support. Known for its reliability, it’s the one to turn to for trading Forex CFDs and a variety of financial instruments. The journey of the traders with IronFX is made convenient as they get a reliable partner.

Plus500

The leading forex broker Plus500 offers streamlined trading. Using an easy-to-use platform the traders have access to a huge variety of forex pairs and CFDs. Plus500 is characterized by its simplicity and reliability, attracting both novice and experienced traders looking for a straightforward approach to forex trading.

Pepperstone

Pepperstone, the leading forex brokerage firm, offers minute spreads starting from the commission of 0.01 lots on a per-lot basis, offering cheap trade solutions to traders. Known for its openness and cost-wiseness, Pepperstone facilitates trading strategy execution. Being a popular choice for traders, It is considered a perfect platform in that regard.

TD Ameritrade

TD Ameritrade, one of the biggest currency trading platforms, provides all-encompassing investment services. With a user-friendly platform, powerful research options, and access to a variety of investment products such as stocks, ETFs, options, and futures, TD Ameritrade has tailored its offerings to suit investors of all levels, giving them the ability to reach their financial goals.

Suggested read: Forex Trading for Beginners

Final Verdict

It is advisable to limit your search for the best forex broker for trading in India to those who are well-licensed and regulated. The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) have imposed various limitations on currency trading but have not yet developed a framework for regulating or licensing forex brokers.

This is why, local traders in India frequently do business with foreign companies. To help provide a more secure and safe trading environment, we have listed the top 10 regulated forex brokers in India that accept Indian clients and are overseen by foreign financial authorities. It’s crucial to remember that not all overseas brokers are subject to the same regulations.

Originally Published on Medium

Source: https://mattwilliamscorp.medium.com/top-10-forex-brokers-in-india-2d7b47820c1f