Category: Cryptocurrency

This post was originally published on this site

PANAMA CITY, July 10, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, has become one of the first platforms to fully support the trading of $PUMP token, the native token of the viral Solana-based memecoin platform Pump.fun. Starting at 03:30 UTC on July 10, 2025, BingX users can trade $PUMP tokens via pre-TGE listing, with pre-launch futures trading launching at 06:20 UTC the same day. Additional trading features will be rolled out as market momentum continues to grow.

By offering pre-launch futures, BingX enables users to secure early access to $PUMP and leverage potential profits before the token’s official launch. Meanwhile, BingX launches pre-listing spot trading for $PUMP ahead of its Token Generation Event. Once $PUMP is officially listed, pre-TGE trades will seamlessly transition into standard spot trading.

Pump.fun has rapidly gained attraction as a cutting-edge launchpad for memecoins, allowing users to instantly create and trade tokens on the Solana blockchain without providing initial liquidity. Launched in 2024, Pump.fun has emerged as one of the most talked-about platforms in the digital asset space, praised for its ease of use, low barrier of entry, and viral appeal.

To mark the launch, BingX is introducing a special campaign running from July 10 to July 24, rewarding users with a total prize pool equivalent to 210,000 USDT for deposits and trades. This follows the success of BingX’s Pump.fun Xpool campaign in February, where users earned PUMPFUN points by depositing USDT, providing them early access to $PUMP tokens.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information, please visit: https://bingx.com/ 

Photo – https://megastockalert.com/wp-content/uploads/2025/07/1.jpg
Logo – https://megastockalert.com/wp-content/uploads/2025/06/BingX_logo_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/bingx-takes-the-lead-in-offering-trading-services-for-pumpfun-pump-302502381.html

Featured Image: depositphotos @ AntonMatyukha

Disclaimer

This post was originally published on this site

CASTRIES, Saint Lucia, July 10, 2025 /PRNewswire/ — PrimeXBT, a leading multi-asset broker, has launched its MT5 PRO account, a new offering tailored to traders who demand the most competitive trading conditions in the market. Built specifically for high-volume, strategy-driven trading, the PRO account unlocks tighter pricing, higher leverage, and greater flexibility across the 68 most liquid global instruments.

The MT5 PRO account features spreads as low as 0.5 pips on EUR/USD, 15 to 16 pips on Gold (XAU/USD), and approximately 20 USD on Bitcoin (BTC/USD). Crypto pairs are commission-free, and the margin stop-out level is set at 0%, offering traders significantly more room to operate in volatile markets. Leverage is available up to 1:2000, and there is a swap-free option for Islamic traders. Cashback is streamlined to 5% of spread costs, aligning the structure with the priorities of active traders.

According to PrimeXBT, it continues to push the boundaries of what’s possible for retail and professional traders alike. The broker highlighted that the MT5 PRO account reflects its commitment to performance, providing clients with access to trading conditions that were once reserved for institutional desks, without compromising control, transparency, or execution quality.

The PRO account is offered alongside PrimeXBT’s Standard MT5 account, which is ideal for everyday traders and includes variable spreads, up to 1:1000 leverage, a 50% margin stop-out level, cashback of up to 20%, and access to a wider range of instruments. This account structure ensures flexibility for traders of all levels and styles.

As PrimeXBT continues to evolve its trading ecosystem, the launch of the MT5 PRO account marks another step forward in delivering best-in-class conditions and greater choice to traders worldwide.

To learn more, users can visit the PrimeXBT website.

About PrimeXBT

PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some services or products may not be available in your jurisdiction. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

Photo: https://megastockalert.com/wp-content/uploads/2025/07/PrimeXBT_MT5_PRO_Account.jpg

Contact
PrimeXBT
pr@primexbt.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/primexbt-launches-mt5-pro-account-with-superior-conditions-for-high-volume-traders-302502255.html

SOURCE PrimeXBT

Featured Image: depositphotos @ giggswalk

Disclaimer

This post was originally published on this site

Cathie Wood sees the Circle IPO as a turning point for crypto. Here’s why institutional investors are finally paying attention to stablecoins.

Few figures in finance command attention like Cathie Wood, CEO of ARK Invest. Known for spotting trends early—from Tesla to Bitcoin—Wood is once again turning heads. This time, she’s calling the Circle IPO the “ChatGPT moment” for crypto. Her statement is more than hype—it highlights a major shift happening right now in digital assets.

What Is Circle and Why Is It Important?

Circle (NASDAQ:CRCL) is best known as the issuer of USDC, a stablecoin designed to maintain a 1:1 value with the U.S. dollar. Unlike Bitcoin or Ethereum, stablecoins aim to reduce volatility and serve as a reliable bridge between traditional finance and decentralized networks.

Since going public on June 5, 2025, Circle has become one of the hottest names in the market. The CRCL stock has skyrocketed up to 600%, with the company now commanding widespread attention from both Wall Street and Silicon Valley.

With a $61.67 billion market cap, USDC is the second-largest stablecoin globally, representing nearly 25% of the total stablecoin market, according to DeFiLlama.

Cathie Wood: From Buyer to Seller—but Still Bullish

Despite her enthusiasm, Cathie Wood’s ARK Invest recently sold $146 million worth of Circle shares as the stock surged over 248% since its IPO. Some critics saw this as a bearish sign. But Wood made it clear: this was a strategic move, not a loss of faith.

Even after the sale, ARK remains Circle’s eighth-largest shareholder, holding $750 million in CRCL stock across its various funds. In Wood’s words, the Circle IPO has prompted “a shift in how institutional investors approach crypto.”

A New Era for Crypto Adoption

During a recent appearance on BanklessHQ, Wood emphasized that institutions are studying crypto seriously for the first time. “They can’t miss out,” she said, likening the convergence of AI and crypto to the rise of artificial intelligence itself. In this analogy, the Circle IPO becomes a historic marker—akin to ChatGPT launching AI into the mainstream.

According to Wood, even before Circle’s IPO, the launch of Bitcoin ETFs in January 2024 had already laid the groundwork for more institutional interest. However, the SEC’s previous hostility toward crypto made widespread adoption difficult. With the new U.S. administration and a friendlier regulatory environment, the tide is turning.

Stablecoins: The Infrastructure Layer of Web3

Wood believes stablecoins like USDC are becoming the plumbing of a new financial world. Unlike speculative cryptocurrencies, stablecoins provide stability, trust, and utility—essential for the development of decentralized finance (DeFi) platforms and tokenized financial instruments.

Another company getting Wood’s praise is Robinhood (NASDAQ:HOOD), which is diving deeper into crypto. The popular trading platform recently introduced tokenized stocks, layer-2 blockchain support, staking, and perpetual futures—showing that even traditional fintech is pivoting fast.

What’s Next for Circle and Crypto Investors?

The success of the Circle IPO is accelerating discussions around mainstream adoption of crypto assets. More importantly, it signals that stablecoins are no longer a side note in the digital economy. They’re becoming central to how institutions think about money, innovation, and value storage.

As regulatory clarity improves and financial giants take stablecoins seriously, the implications go far beyond just one stock. The Circle IPO could be remembered as the spark that ignited a new chapter for both Wall Street and Web3.

With stablecoin infrastructure gaining traction and regulatory sentiment shifting, the Circle IPO could pave the way for broader crypto adoption, bridging traditional finance and blockchain innovation in 2025 and beyond.

Featured Image: Freepik

Please See Disclaimer

This post was originally published on this site

U.S. authorities have charged two individuals in a massive crypto investment scam involving OmegaPro, a fraudulent global scheme that lured investors with promises of high returns and secure trading strategies. According to the Department of Justice, the scheme raised over $650 million in cryptocurrencies from investors around the world before allegedly funneling those funds into wallets controlled by insiders.

This high-profile case highlights the growing risks in the digital asset space, especially when it comes to unregulated crypto investment platforms that rely on social media hype and multi-level marketing tactics.

The Mechanics Behind the OmegaPro Crypto Scam

Founded in early 2019, OmegaPro was presented to the public as a legitimate crypto trading and investment platform offering access to exclusive, high-performance trading strategies. The operation also used a multi-level marketing (MLM) structure to recruit new investors, incentivizing top promoters to grow the scheme further.

What made OmegaPro appealing to unsuspecting investors was its slick marketing—featuring lavish events, high-end branding, and a promise of life-changing profits. However, U.S. prosecutors say the entire premise was built on lies. The so-called trading strategies were never verified, and investors were not told the truth about where their funds were going.

Instead of being invested, the money was allegedly misappropriated. According to the indictment, Michael Shannon Sims, identified as OmegaPro’s founder, and Juan Carlos Reynoso, said to be head of Latin American operations, directed investor funds into private wallets for their own use and to reward top-level promoters.

U.S. and International Agencies Take Action

The charges—conspiracy to commit wire fraud and conspiracy to commit money laundering—were announced by the U.S. Attorney for the District of Puerto Rico, Stephen Muldrow. “As alleged in the indictment, the defendants operated a global fraud scheme through OmegaPro that deceived investors with false promises of extraordinary returns, only to misappropriate hundreds of millions of victim funds,” Muldrow stated.

The Federal Bureau of Investigation (FBI), U.S. Homeland Security Investigations, and the Joint Chiefs of Global Tax Enforcement — a coalition of tax authorities from the U.S., Canada, the U.K., Australia, and the Netherlands — are jointly leading the investigation. The cross-border nature of the operation and the size of the fraud triggered international cooperation rarely seen in white-collar crypto cases.

What This Means for Crypto Investors

The OmegaPro case is the latest in a string of crypto investment scams that have exposed how easily bad actors can exploit investor greed, technological confusion, and regulatory loopholes. While cryptocurrencies like Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) have legitimate investment appeal, the absence of oversight in many corners of the digital asset market leaves room for fraudsters to operate unchecked.

This case serves as a reminder that investors must exercise caution—especially when platforms promise guaranteed returns, rely heavily on referral-based recruiting, or lack transparency regarding how funds are used. Due diligence remains critical in a market where innovation often outpaces regulation.

Lessons From the $650 Million Scam

Although the defendants have not yet been convicted and are presumed innocent until proven guilty, the scope and method of the alleged fraud offer several takeaways for everyday investors:

• Avoid platforms with unclear business models

• Be wary of high-return promises with low risk

• Check for registration or regulatory oversight

• Don’t rely solely on social media hype or influencer endorsements

As law enforcement catches up with crypto crime, more crackdowns like the OmegaPro case may be on the horizon. Until then, the best protection for investors is knowledge—and skepticism.

As the crypto industry matures, cases like OmegaPro underline the urgent need for stronger oversight and investor education. While blockchain technology holds immense promise, it also attracts bad actors. Staying informed, asking tough questions, and avoiding “too good to be true” offers remain the best defense against future crypto investment scams.

Featured Image:  Freepik © ojosujono96

Please see disclaimer

This post was originally published on this site

Cryptocurrency investment products are booming. As institutional interest grows and spot ETFs gain traction, crypto funds have reached an all-time high of $188 billion in assets under management (AUM) as of July 2025. This milestone underscores the expanding legitimacy of digital assets and the increasing investor appetite for regulated exposure to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

Over the past 12 weeks alone, crypto funds have seen $18 billion in cumulative inflows, with $1.04 billion entering just last week. The majority of that capital continues to flow into U.S.-based products, led by dominant names such as BlackRock’s (NYSE:BLK) iShares Bitcoin Trust ETF (IBIT), which now holds $73.6 billion in assets.

U.S. Crypto Funds Dominate Global Inflows

While crypto investment funds are gaining traction globally, the United States remains the epicenter. U.S.-listed funds attracted $1 billion in inflows last week, dwarfing contributions from Germany ($38.5 million) and Switzerland ($33.7 million). Analysts attribute this dominance to regulatory clarity and the strong performance of spot Bitcoin ETFs launched earlier this year.

Bitcoin ETFs continue to be the primary draw, pulling in $790 million in the last seven days. This sustained demand has helped push Bitcoin prices near record highs, with the flagship crypto currently trading at $108,650, up 16% year-to-date.

U.S.-listed spot Bitcoin ETFs have now seen $14.5 billion in net inflows for 2025, collectively managing nearly $128 billion in assets.

BlackRock and IBIT Lead the ETF Race

Leading the crypto ETF surge is BlackRock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT), which has cemented its position as the largest spot Bitcoin ETF with $73.6 billion in AUM. The success of IBIT has not only validated institutional demand but also demonstrated that mainstream financial products can serve as powerful vehicles for crypto adoption.

Other fund managers such as Fidelity, Ark Invest, and VanEck have also launched competing ETFs, but none have approached BlackRock’s scale. Analysts suggest that BlackRock’s reputation and broad distribution channels give it a significant edge among institutional and retail investors alike.

Ethereum and Altcoin Funds Gaining Ground

While Bitcoin funds dominate, Ethereum is gaining traction in its own right. Ethereum investment products just recorded their 11th consecutive week of inflows, totaling $226 million last week alone. Investors are increasingly bullish on Ethereum’s use in smart contracts, DeFi, and tokenized real-world assets (RWAs).

The growing strength of Ethereum (ETH) funds has revived speculation that the U.S. Securities and Exchange Commission (SEC) could approve spot ETFs for other cryptocurrencies this year. Among the top candidates are Solana (SOL) and XRP (XRP), both of which have shown strong market activity and ecosystem growth in 2025.

According to CME futures market data, traders now assign a 95% probability that the SEC will greenlight a batch of new crypto ETFs by the end of the year. This could include not only single-asset ETFs, but also index-style products tracking multiple cryptos.

What This Means for Investors

The record $188 billion AUM milestone reflects a broader institutional embrace of digital assets. Crypto funds, particularly ETFs, offer investors regulated and familiar structures to gain crypto exposure without the complications of self-custody or navigating decentralized exchanges.

The continued success of Bitcoin and Ethereum products signals maturing investor sentiment. The next frontier could include multi-asset crypto index ETFs, staking-based funds, and tokenized yield-bearing products that integrate with traditional finance.

As more crypto funds gain approval and adoption, expect these products to become mainstays in diversified portfolios — not just as speculative assets, but as long-term components of modern investment strategies.

With regulatory momentum building and inflows surging, 2025 could be the year crypto funds finally go fully mainstream. As more institutional players enter the space and governments refine crypto regulations, investors should expect broader product innovation, enhanced transparency, and deeper integration between digital assets and traditional financial markets. For savvy investors, this expanding universe of crypto investment vehicles represents not just a passing trend, but a transformational shift in how capital is allocated in the digital age. As always, careful due diligence remains essential, but the opportunity for long-term growth in crypto funds has never been more compelling.

Featured Image: Freepik

Please See Disclaimer

This post was originally published on this site

This post was originally published on this site

CASTRIES, Saint Lucia, July 7, 2025 /PRNewswire/ — PrimeXBT, a leading multi-asset broker, has introduced a series of updates across its platforms and trading conditions, aimed at delivering greater control, stronger risk management, and enhanced flexibility for traders. Now live on MetaTrader 5, PXTrader, and Crypto Futures, these enhancements reflect PrimeXBT’s commitment to empowering traders with the tools needed to navigate today’s fast-moving and volatile markets.

Clients can now open multiple accounts per currency on MT5, enabling easier segregation of portfolios by strategy, asset class, or risk profile. The Crypto Futures platform has also introduced key improvements to order management, allowing traders to place bracketed Stop Loss and Take Profit orders with new position entries in hedge mode. In addition to the built-in liquidation price calculator, estimated liquidation levels are now shown directly on the chart. Together, these tools provide greater transparency and control before and during execution.

Trading conditions have also been significantly improved. In response to growing demand, PrimeXBT has reduced spreads on Gold (XAU/USD) on MT5 and PXTrader, stabilising them at around 20-25 points for standard accounts, even during peak sessions and volatile market conditions, to deliver more consistent and cost-efficient execution. On its proprietary CFD platform, PXTrader, the stop-out level has been reduced from 100% to 50%, giving traders more room to manage positions before liquidation in turbulent markets.

Leverage has been increased across both MT5, PXTrader, and Crypto Futures. On MT5 and PXTrader, Gold, Silver, Forex majors, and key indices now offer higher leverage bands, particularly on larger volume bands. On Crypto Futures, additional margin tiers have significantly expanded exposure limits and increased leverage on smaller altcoin positions, now offering up to 150x, which is much higher than on other market-leading exchanges. Major assets like Bitcoin continue to support leverage of up to 200x, giving traders more flexibility to scale strategies and capture market momentum. These updates position PrimeXBT among the most competitive platforms in the market, offering up to twice the leverage available on many major exchanges, more favourable trading conditions for positions up to $100,000, and consistent execution where others often widen spreads under pressure.

According to PrimeXBT, many of these updates were made in direct response to trader feedback. The broker emphasised its ongoing commitment to empowering traders with the tools, insights, and flexibility they need to succeed in today’s evolving landscape.

These latest enhancements build on PrimeXBT’s mission to provide institutional-grade trading tools in a streamlined, retail-accessible environment. By continuously raising the industry bar through innovation and client-driven development, the broker remains focused on delivering performance, control, and an outstanding trading experience within a unified ecosystem.

To learn more, users can visit the PrimeXBT website.

About PrimeXBT

PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities, and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade.

Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, users should consider whether they understand how these leveraged products work and whether they can afford the high risk of losing their money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in users’ jurisdictions. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

Photo: https://megastockalert.com/wp-content/uploads/2025/07/PrimeXBT_Trading_Services_Improved.jpg

Contact:
PrimeXBT
pr@primexbt.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/primexbt-rolls-out-major-platform-upgrades-and-enhanced-trading-conditions-302498689.html

SOURCE PrimeXBT

Featured Image: depositphotos @ nils

Disclaimer