Category: Cryptocurrency

Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots

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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.

This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.

To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report  to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.

This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.

For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

Disclaimer:  This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.

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Is Now the Best Crypto Investment Opportunity?

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If you’ve been considering a crypto investment but haven’t taken the leap, now might be the perfect time. The U.S. government’s recent decision to establish a Crypto Strategic Reserve marks a significant step toward mainstream acceptance of Bitcoin (BTC-USD) and other digital assets.

This move comes as Bitcoin experienced a price dip from $88,000 to around $77,000 before rebounding to approximately $80,000. While some investors see volatility as a risk, seasoned traders recognize downturns as buying opportunities. With clearer regulations, increased institutional adoption, and the continued evolution of blockchain technology, this crypto investment opportunity may be too good to ignore.

Institutional Investors Are Betting on Crypto

One of the most compelling reasons to consider cryptocurrency right now is the growing institutional interest in digital assets. Chris Sullivan, co-founder of Hyperion Decimus, a crypto hedge fund, highlights how sovereign wealth funds and major financial institutions are increasingly embracing Bitcoin.

“The approval of the BTC strategic reserve at both the federal and state levels, along with Bahrain’s sovereign wealth fund investing in Bitcoin, shows institutional adoption is happening in real-time,” Sullivan said.

Additionally, U.S. banks have now been cleared to hold Bitcoin for customers, making it easier for everyday investors to gain exposure to crypto.

Regulatory Clarity Reduces Investment Uncertainty

For years, the lack of clear regulations surrounding cryptocurrency made many investors hesitant. However, this uncertainty is now fading as governments establish clearer policies.

Many states are proposing Bitcoin reserves, and the Securities and Exchange Commission (SEC) has recently dropped lawsuits against major crypto firms, signaling a more favorable regulatory environment. According to Sullivan, “The clearer the regulation, the more predictable the market becomes, minimizing risk for investors.”

With regulatory uncertainty easing, this crypto investment opportunity appears more stable than ever.

Crypto as a Hedge Against Inflation

Bitcoin has long been compared to gold as a hedge against inflation and economic instability. With global inflation concerns and ongoing monetary policy shifts, investors are increasingly turning to Bitcoin to protect their wealth.

“With continuing concerns over inflation, monetary policy divergence, and global economic instability, crypto continues to offer a hedge against fiat devaluation,” Sullivan noted.

Bitcoin’s Recent Price Dip: A Buying Opportunity?

Bitcoin’s recent pullback worried some investors, but crypto experts view these dips as ideal entry points. Jag Sidhu, core developer at Syscoin, emphasizes that institutional investors often capitalize on these price movements.

“Institutional investors and market whales frequently see such dips as perfect buying opportunities,” Sidhu explained. “They continue accumulating Bitcoin, confident in its long-term potential.”

For long-term investors, the current crypto investment opportunity could be a chance to buy at a discount before the next price surge.

Tokenization Is Reshaping Finance

Beyond Bitcoin, blockchain technology is driving innovation in traditional finance. The tokenization of assets—stocks, real estate, and commodities—is gaining traction, creating new ways to invest.

Davis Richardson, managing partner at R3 Consulting, points to Coinbase (NASDAQ:COIN) and Nasdaq (NASDAQ:NDAQ) as examples of firms exploring tokenization.

“Coinbase is revisiting plans to tokenize its stock, and Nasdaq is considering launching 24-hour trading, mirroring crypto markets,” Richardson said. “The writing’s on the wall—crypto is reshaping finance.”

Crypto Payments Are Becoming Mainstream

The adoption of cryptocurrency for everyday transactions is increasing, further solidifying its place in the financial system. Bitcoin’s Lightning Network now processes over 1 million transactions per second, surpassing traditional payment networks like SWIFT and major credit card providers.

As more businesses accept crypto, its utility as a real-world payment method strengthens, making it a more viable long-term investment.

Conclusion: Is Now the Right Time to Invest?

With the U.S. officially holding Bitcoin in reserves, institutional adoption increasing, and regulations becoming clearer, crypto is more stable and legitimate than ever. While risks remain, experts suggest that now may be the best crypto investment opportunity in years.

Max Kalmykov, CEO of Bitsgap, sums it up: “While others are scared or doubtful, this becomes the best time to start picking up these dips and buying crypto for the long term.”

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Trump Crypto Investment: Can WLFI Keep Up the Momentum?

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Trump-backed World Liberty Financial (WLFI) has just made waves in the cryptocurrency world, raising a staggering $590 million in its latest token sale. Originally set to raise $300 million, the overwhelming demand following Donald Trump’s election victory led to an expansion of its token supply, nearly doubling its fundraising goal.

With one of the largest capital raises in decentralized finance (DeFi) history, WLFI is now emerging as a major player in the space. But beyond the massive cash influx, the company has also made aggressive moves in the crypto market, investing heavily in major digital assets.

WLFI’s Bold Crypto Moves

This isn’t just a successful token sale—it’s a major bet on the future of cryptocurrency. WLFI has already deployed $21.6 million into Ethereum (ETH-USD), Wrapped Bitcoin (BTC-USD), Movement, and SEI.

According to Arkham Intelligence, the firm’s total portfolio now stands at nearly $78 million, including:

7,900 ETH (ETH-USD): Valued at approximately $15 million

162 WBTC: Worth $13.44 million

Additional holdings: Investments in lesser-known tokens, positioning itself for potential high-reward opportunities

By aggressively stacking crypto, WLFI is signaling confidence in digital assets despite the ongoing market turbulence. This move also aligns with Trump’s increasing support for blockchain technology, further cementing WLFI’s role in the DeFi space.

Can WLFI Sustain Its Momentum?

While the successful fundraising and crypto accumulation are impressive, WLFI now faces the real challenge—execution. The company has positioned itself as a key player in DeFi, granting token holders governance rights on its upcoming decentralized trading platform.

However, WLFI must navigate several risks, including:

Regulatory Scrutiny: With increasing government oversight on crypto, compliance will be crucial.

Market Volatility: Crypto prices can swing drastically, impacting WLFI’s investment value.

Platform Development: Delivering a competitive decentralized exchange is essential to justify investor confidence.

The next few months will be crucial in determining whether WLFI can transition from a successful capital raise to a sustainable crypto powerhouse.

The Future of Trump’s Crypto Investment

Trump’s growing influence in the crypto space is undeniable. His association with WLFI has not only fueled investor enthusiasm but also strengthened the case for greater crypto adoption under his administration.

WLFI’s success so far is promising, but the real test lies ahead. Will it continue its growth trajectory, or will regulatory and market challenges slow it down? For now, WLFI remains a high-stakes bet in the ever-evolving world of crypto.

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Bybit Introduces Zero Fees on Indices Trading for MT5 Users

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DUBAI, UAE, March 14, 2025 /CNW/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new perk for MT5 users on Bybit in a zero-fee trading event, Indices Unleashed.


Bybit Logo (PRNewsfoto/Bybit)

From today until April 12, 2025, Bybit traders can execute transactions on 18 prominent indice pairs without incurring trading fees. The offer applies automatically to derivatives linked to indices including the Dow Jones Index Cash CFD (DJ30), NAS100 Cash (NAS100), Hang Seng Index Cash CFD (HK50), S&P Index Cash CFD (SP500), GER40 Cash (GER40), US SMALL CAP 2000 – CASH (US2000), France 40 Index (FRA40), Nikkei Index Cash CFD (Nikkei225), UK 100 Cash (UK100), EUSTX50 Cash (EU50), ES35 Index Cash (ES35), Hang Seng Tech Index Case CFD (HKTECH), Bovespa Cash CFD (BVSPX), South Africa 40 – CASH (SA40), S&P/ASX 200 Index Cash CFD (SPI200), Singapore 20 Index Cash CFD (SGP20), and the Taiwan RIC Index Cash CFD (TWINDEX), all available on the Bybit Gold & Forex Trading platform.

Bybit Gold & FX Trading marks a significant milestone for Bybit as the first cryptocurrency exchange to achieve seamless MT5 integration. This groundbreaking advancement provides users with access to a diverse range of financial instruments, including forex, gold, and other commodities, alongside traditional crypto offerings. With MT5’s sophisticated charting tools, automated trading capabilities, and intuitive interface, Bybit Gold & FX Trading enhances the trading experience for both seasoned professionals and those new to the markets, setting a new benchmark within the digital asset trading landscape.

“Whatever the market conditions, broader access and powerful, intelligent tools are a trader’s best friend. We’re offering free access to indices trading via MT5 on Bybit for a limited time to allow users to experience the platform and find their trading rhythm in a dynamic market,” said Joan Han, Sales and Marketing Director of Bybit.

To find out more about the event and its terms and conditions, users may visit: Bybit Indices Unleashed – Trade for Free

#Bybit  #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Bitcoin Bear Market: Why New Investors Are Struggling

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Bitcoin (BTC) has entered another bear market, leaving many new investors reeling from sudden losses. After hitting an all-time high of $109,071 in January 2025, Bitcoin has since tumbled to around $80,000, a decline of nearly 25%. For many newcomers, this Bitcoin bear market has been their first real test in crypto investing, and those who entered at the peak are now facing heavy losses.

Bitcoin’s Price Plunge and Market Sentiment

The Bitcoin bear market was triggered by a combination of global market uncertainty, tech stock declines, and concerns over U.S. economic policies. Despite optimism earlier in the year, Bitcoin’s rapid drop has spooked investors, leading to widespread sell-offs.

According to crypto data firm Glassnode, over 20 million new Bitcoin addresses were created in the past three months, highlighting the influx of new investors during the bull run. However, many of these traders are now facing significant losses, as the spent output profit ratio (SOPR)—which measures whether Bitcoin holders are selling at a profit or loss—has dropped below 1 for the first time since October 2024.

Leverage and Liquidations: Traders Face the Pain

One of the biggest reasons why the Bitcoin bear market is hitting new investors hard is leverage. Many traders used borrowed money to buy BTC at record highs, only to see their positions liquidated as prices fell. Analysts at Bitfinex reported that realized losses from leveraged traders have surpassed $800 million per day, with February 28 and March 4 marking some of the worst single-day losses.

Investment products tracking cryptocurrencies have also suffered. CoinShares reported that crypto investment funds have seen four consecutive weeks of outflows, with total assets under management dropping by $4.75 billion to $142 billion.

Even Bitcoin exchange-traded funds (ETFs) in the U.S. have struggled. On February 25, U.S. spot Bitcoin ETFs recorded $1.1 billion in daily outflows—the largest since their launch in January 2024, according to JPMorgan (NYSE:JPM). This suggests that institutional investors are also feeling the pressure of the current downturn.

Bitcoin Volatility Surges as Uncertainty Grows

The Bitcoin bear market has also led to a sharp increase in volatility. Amberdata reports that Bitcoin’s implied volatility, which reflects expected future price swings, has spiked to 69% in the past 24 hours. Ethereum (ETH), the second-largest cryptocurrency, has seen even greater volatility, rising from 65% to 90%.

“The last two weeks have been entirely driven by the equity market downturn,” said Jeff Dorman, chief investment officer at asset manager Arca. “This is similar to what we saw in late 2018—a short-term hiccup before new highs.”

While some analysts remain optimistic about Bitcoin’s long-term prospects, the current volatility suggests that the crypto market remains highly sensitive to external factors, including stock market fluctuations and regulatory developments.

Regulatory and Economic Factors Weigh on Bitcoin

Another reason for the Bitcoin bear market is the uncertain regulatory environment. While U.S. President Donald Trump’s executive order to create a strategic Bitcoin reserve initially boosted sentiment, it was not enough to sustain the rally. Concerns about potential new regulations, particularly around taxation and stablecoin oversight, continue to create uncertainty for investors.

At the same time, global macroeconomic concerns—including inflation worries, rising interest rates, and geopolitical tensions—have dampened risk appetite across all financial markets. With Bitcoin often moving in tandem with tech stocks, its decline has mirrored the struggles of companies like Tesla (NASDAQ:TSLA) and Nvidia (NASDAQ:NVDA).

Will Bitcoin Recover from This Bear Market?

While Bitcoin has experienced several bear markets in the past, it has always rebounded to reach new highs. The question now is how long this downturn will last.

Many experts believe that Bitcoin could stabilize around the $73,500 level, as suggested by John Glover, chief investment officer at crypto lending platform Ledn. However, if broader market conditions continue to deteriorate, BTC could face further downward pressure.

Despite the current pain, some investors see this as a buying opportunity. Historically, bear markets have provided long-term investors with the chance to accumulate Bitcoin at discounted prices before the next bull run.

Conclusion

The Bitcoin bear market has been especially brutal for newcomers who bought at the peak, with leverage and market volatility amplifying their losses. Institutional investors are also feeling the pressure, as Bitcoin ETFs and crypto investment products see significant outflows.

While Bitcoin’s long-term future remains promising, the short-term outlook is uncertain. Investors should remain cautious, keeping an eye on macroeconomic trends, regulatory developments, and broader market sentiment. As with all investments, risk management and patience are key to navigating the unpredictable world of cryptocurrency.

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XRP Price Prediction 2025-2031: Can It Reach New Highs?

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XRP, the native cryptocurrency of Ripple, has remained a key player in cross-border payments. Despite market fluctuations and regulatory battles, its long-term prospects appear strong. With growing adoption and institutional interest, XRP price prediction for 2025-2031 suggests significant potential for growth.

XRP Market Overview in 2025

As of March 2025, XRP is trading at $2.16 with a market cap of $124.85 billion. After hitting an all-time high of $3.40 in 2018, XRP has experienced volatility but remains one of the most widely used digital assets. Backed by Ripple’s expanding partnerships and financial sector integration, XRP continues to be a cryptocurrency to watch.

XRP Price Prediction for 2025

Analysts forecast an upward trajectory for XRP in 2025, driven by institutional adoption and Ripple’s strategic growth. By the end of the year, XRP’s price is expected to range between $2.57 and $3.85, with an average of $3.21. Key factors influencing this prediction include:

Financial Sector Adoption: Banks and payment providers increasingly leverage Ripple’s blockchain solutions.

Regulatory Clarity: A favorable outcome in Ripple’s legal battle with the SEC could boost investor confidence.

Improved Market Sentiment: As the crypto market matures, stablecoins and digital asset integration could further support XRP’s value.

XRP Price Prediction for 2026-2031

Looking beyond 2025, XRP could experience continued growth, with potential milestones in the following years:

2026: Projected price range of $4.71 to $5.99, with an average of $5.35.

2027: Expected to reach between $6.85 and $8.13.

2028: Potential price range of $8.99 to $10.27 as global financial institutions expand Ripple’s adoption.

2029: Predicted price of $11.77 as blockchain integration accelerates.

2030: XRP could surpass $13.91, reflecting wider use cases.

2031: With continued institutional adoption, XRP may trade between $15.41 and $16.69.

Key Factors Driving XRP’s Growth

Regulatory Developments: A resolution to Ripple’s legal challenges, especially with the SEC, could unlock higher price potential.

Institutional Partnerships: Increased integration of RippleNet and the XRP Ledger (XRPL) by banks and fintech firms supports long-term demand.

Technological Advancements: Enhancements in blockchain speed, security, and interoperability make XRP an attractive choice for real-world applications.

Global Payments Market Expansion: As traditional finance shifts toward blockchain-based solutions, XRP could see increased usage.

Conclusion

XRP price prediction for 2025-2031 points to a promising future, provided regulatory clarity and adoption continue to grow. While volatility is a given in the crypto space, XRP remains positioned as a leading asset for cross-border payments. Investors should stay informed on market developments and conduct due diligence before making financial decisions.

Future Outlook: Challenges and Opportunities

While XRP’s long-term price trajectory looks promising, several challenges could impact its growth. Regulatory uncertainty remains a key issue, especially in the U.S., where the Securities and Exchange Commission (SEC) has targeted Ripple in an ongoing lawsuit. If Ripple secures a favorable ruling, investor confidence in XRP could surge, but an unfavorable outcome might hinder its adoption in major financial markets.

Another challenge is competition from other blockchain networks. While Ripple has positioned XRP as a fast, low-cost cross-border payment solution, other cryptocurrencies like Stellar (XLM) and even stablecoins such as USDC and USDT are gaining traction. Central bank digital currencies (CBDCs) could also pose a threat by offering government-backed alternatives for international settlements.

On the positive side, increased institutional adoption could significantly boost XRP’s price. If more banks and financial institutions integrate RippleNet into their payment infrastructure, demand for XRP could rise. The growing use of blockchain technology in the finance sector further supports the case for XRP’s long-term success.

Additionally, partnerships with major companies could accelerate XRP’s mainstream adoption. If Ripple continues expanding its global footprint and secures deals with major payment providers, the utility and value of XRP could increase substantially.

Ultimately, XRP price prediction for 2025-2031 depends on multiple factors, including regulatory clarity, technological advancements, and market trends. While risks exist, XRP remains one of the most influential cryptocurrencies in the financial sector, making it a digital asset worth watching in the years to come.

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Moomoo’s Parent Company Futu Reports Strong Financial Growth for Q4 and Full Year 2024

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JERSEY CITY, N.J., March 13, 2025 /CNW/ — Moomoo’s parent company Futu Holdings Ltd. (“Futu” or “the Company”) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, announced its unaudited Q4 2024 earnings with US$570.6 million in revenues, up 86.8% year-over-year (“YoY”), and US$251.3 million in non-GAAP adjusted net income, a 105.4% YoY increase.

For the year ended December 31, 2024, the Company recorded US$1.75 billion in revenues and US$742.6 million in non-GAAP adjusted net income, representing a YoY increase of 35.8% and 26.2%, respectively.

A Deepened Globalization Strategy Boosts Client Acquisition and Trading Activities

The Company reported robust growth in user and client acquisition for Q4, posting over 25 million global users at the year end that includes 2.41 million paying clients, up 16% and 41% YoY respectively. Total client assets achieved US$95.7 billion with a YoY increase of 53%. In the full year of 2024, the Company acquired over 701 thousand new paying clients, representing 127% of its full-year guidance.

The Company sustained robust growth momentum across all markets where moomoo operates. Q4 marked the strongest quarter in users and paying clients growth in Singapore over the past 10 quarters, while double-digit increases in both metrics were recorded in Japan, Canada, Malaysia and Australia. In terms of client assets, all markets experienced a double-digit quarterly rise, with newly penetrated markets such as Japan, Canada, and Malaysia reporting a high growth rate.

In Hong Kong, where its platform is known as Futubull, the Company further strengthened its market-leading position this quarter. The user base continued to expand, now reaching over half of the local adult population. The quarter-over-quarter growth in paying clients reached the highest level in recent three years, with the year-end average client assets ascending to a record high, highlighting a continued asset inflow from institutions and the private wealth segment.

Driven by its diversification strategy globally, the Company’s trading activities increased notably across multiple assets, bringing the Q4 trading volume up to an all-time high at US$371.5 billion. The total quarterly trading volume for US stocks surged by 195% YoY to a historic peak of over US$267 billion, and that for Hong Kong stocks exceeded US$97 billion, representing a three-year high. Additionally, the Company’s crypto trading services that were launched in Singapore and Hong Kong continued to gain traction, with the number of traders and trading volume both soaring in Q4. The average deposit into crypto accounts increased significantly, showing growing confidence in this particular asset among investors.

The wealth management business also saw rapid expansion this quarter, with the assets under management surpassing US$14 billion, almost doubling in size compared to 2023 year-end.

User Engagement Propelled by Enhanced Product Capabilities and Ecosystem Development

In Q4, the Company continuously optimized user experience through a series of product launches and upgrades. A redesigned desktop version of moomoo was released, offering a more tailored interface and advanced features. In Japan, moomoo collaborated with the Japan Exchange Group to offer Japanese stock options trading, and in Australia, moomoo is a pioneer in Australian stock recurring investment plan. In Singapore and Hong Kong, the Company established a bond trading desk this quarter to help clients execute large and complex bond orders.

As a global brand operating in various markets, moomoo is dedicated to fostering an ecosystem featuring transparent, high-quality content and seamless communication among investors, listed companies, media and other financial partners. As part of the global strategic partnership initiatives between the Company and Nasdaq, moomoo launched its inaugural Global Paper Trading Challenge in Q4, assembling over 150,000 challengers worldwide and advancing financial literacy through hands-on market education. Additionally, moomoo established global partnerships with well-known investment service providers such as TradingView and Seeking Alpha, creating value for both moomoo users and its partners. Traders on the TradingView platform named moomoo as 2024 Best Stock Broker.

Bolstered by a more integrated ecosystem, user engagement improved as the daily active usage on moomoo app significantly increased across all markets, with a double-digit YoY rise in Singapore, Malaysia and Australia. The Company also reported the number of moomoo online course learners doubled compared to last quarter, in line with the rapid surge in user activities across its platforms.

In Q4, the moomoo app secured the top spot in Singapore and Malaysia among brokerages in terms of accumulated downloads and daily active users for quarters running. In Australia, moomoo achieved a breakthrough, ranking the top by annual downloads for the first time among local broker apps. In Japan, moomoo maintained in second place by downloads for the second consecutive quarter. In Singapore, Japan and Malaysia, moomoo app continued to lead the industry by receiving the highest user ratings on both Google Play and App Store*.

*Source: data.ai

About moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, and Malaysia. As a subsidiary of a Nasdaq-listed company, moomoo is trusted by over 25 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit moomoo’s official website at www.moomoo.com


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XRP Healthcare Acquires Pharma Ville, a Retail and Wholesale Pharmacy Chain in Uganda

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DUBAI, UAE, March 12, 2025 /PRNewswire/ — XRP Healthcare, a pioneering force in healthcare innovation, has officially acquired Pharma Ville, a leading retail and wholesale pharmacy chain in Uganda.

XRP Healthcare Acquires Pharma Ville, a Retail and Wholesale Pharmacy Chain in Uganda

This strategic acquisition marks XRP Healthcare’s entry into Africa’s rapidly evolving healthcare sector, laying the foundation for scalable, technology-driven pharmaceutical distribution across the continent.

With two retail pharmacies and five wholesale distribution centres strategically positioned across Uganda, Pharma Ville’s established infrastructure enhances medicine accessibility nationwide. The acquisition strengthens XRP Healthcare’s ability to streamline pharmaceutical supply chains and expand its footprint in Africa’s healthcare market.

Shonubi Musoke & Co. Advocates, one of Uganda’s premier law firms and a partner of the globally renowned Norton Rose Fulbright, advised XRP Healthcare in this transaction, ensuring a seamless legal and regulatory transition.

Pharma Ville plays a pivotal role in Uganda’s healthcare sector, working closely with the National Medical Stores (NMS) and Joint Medical Stores (JMS) to ensure a steady and reliable supply of essential medicines.

The acquisition includes 60 registered pharmaceutical products, 18 products ready for immediate commercialization, and 70 additional products in the pipeline awaiting regulatory approval.

Additionally, Pharma Ville has distribution agreements with eight global pharmaceutical suppliers, reinforcing its strong supply chain network:

  • Toros Group (Switzerland) – Orthopedic supplies
  • Ascensia Switzerland (Germany) – Diabetic care solutions
  • Incepta Pharmaceuticals Ltd (Bangladesh) – Human drugs
  • Amanta Health Care Limited (India) – Intravenous fluids
  • Forans Latvia (Latvia) – Diabetic care products
  • Mediteks (Turkey) – Surgical equipment
  • Naari Pharma Pvt Limited (India) – Human drugs
  • Universal Corporation Limited (Kenya) – Human drugs

Richard Kitonsa (MPS), Founder and CEO of Pharma Ville, emphasized the transformative impact of this acquisition:

“Joining XRP Healthcare is transformative. We can now rapidly scale our operations, introduce innovative technologies, and better serve Uganda’s healthcare needs.”

Whitney Lynn, Chairman of XRP Healthcare, underscored the company’s mission:

“Our goal is simple—make essential medicines more accessible and affordable. This acquisition is a major step toward achieving that.”

Kain Roomes, CEO of XRP Healthcare, highlighted the opportunity within Uganda’s healthcare sector:

Uganda’s fragmented pharmaceutical landscape presents immense potential. By integrating Pharma Ville, we can deliver immediate impact—improving access to essential medicines and optimizing healthcare delivery.”

Laban Roomes, COO of XRP Healthcare, emphasized the groundwork laid for expansion:

“We have spent significant time in Uganda developing the legal and operational frameworks necessary to scale this business rapidly. Our efforts will drive long-term improvements in healthcare accessibility.”

Pharma Ville will undergo immediate operational upgrades, including:

  • Advanced inventory management to optimize supply chains
  • Upgraded licensing to expand product offerings
  • Enhanced distribution channels for wider reach
  • Digital payment integration for seamless transactions
  • New CRM systems to improve customer engagement

By Q4, Pharma Ville will rebrand as XRP Healthcare, aligning with the company’s vision for innovation and healthcare excellence.

The XRPH AI app, a multilingual healthcare assistant, is already live and integrated into Pharma Ville’s digital platform (www.pharmaville.ai). The AI-driven tool provides medical guidance in Luganda, Swahili, Kinyarwanda, French, and English.

In an upcoming update, users will be able to upload images of medical conditions for AI-assisted preliminary assessments, with direct referrals to healthcare professionals for critical cases.

Peter Waiswa, a strategic advisor to UNICEF, the Bill & Melinda Gates Foundation, and now XRP Healthcare, praised the acquisition’s significance:

“This acquisition strengthens Uganda’s healthcare sector, fosters economic growth, and introduces essential technologies to the industry. It’s a major step forward for healthcare accessibility in Uganda.”

With Africa’s healthcare market projected to reach $259 billion by 2030, and the digital health segment—encompassing AI-driven solutions—expected to grow to $16.6 billion, XRP Healthcare is strategically positioned to capitalize on these transformative opportunities.

XRP Healthcare holds registered trademarks in Uganda, the UAE, and the UK, with ongoing global registrations, reinforcing its commitment to innovation and brand excellence.

Additionally, XRP Healthcare has informed its community of an upcoming global announcement, separate from its African expansion, to be revealed this quarter. This development reflects the company’s broader strategic ambitions and commitment to advancing global healthcare solutions.

About XRP Healthcare

XRP Healthcare is a pioneering healthcare solutions provider leveraging AI and strategic acquisitions to enhance healthcare accessibility and efficiency. By integrating digital innovation with traditional pharmaceutical distribution, XRP Healthcare is at the forefront of revolutionizing healthcare delivery in emerging markets.

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XRP Healthcare Acquires Pharma Ville, a Retail and Wholesale Pharmacy Chain in Uganda
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Movement Network Foundation Announces Public Mainnet Beta Now Live with $250M+ TVL

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Innovative day-one liquidity fuels the latest Move blockchain network launch

GRAND CAYMAN, Cayman Islands, March 10, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to advancing MoveVM technology, today announced the successful launch of Movement Public Mainnet Beta, with an impressive$250M in at-launch Total Value Locked (TVL) from the Cornucopia program. This milestone enables permissionless smart contract deployment and user onboarding for the first time and allows everyone to freely build on and use Movement, the only Move-based chain that settles to Ethereum.

Cornucopia Deepens Liquidity

“Securing over $233 million in TVL through our Cornucopia program is a clear validation of the market’s confidence in Movement,” said Cooper Scanlon, Co-Founder of Movement Labs. “This level of day-one liquidity is exceptionally rare for a new network and gives us, our builders, and our community a significant advantage. It allows us to skip the months-long bootstrapping phase and immediately provide the foundation needed for meaningful DeFi adoption and utility.”

Cornucopia provides Movement Network with substantial day-one liquidity across BTC, ETH, MOVE, and stablecoin assets, addressing one of the primary challenges new networks face: the “cold start” problem. Developed with industry leaders including Concrete, Veda Labs, Echelon and Canopy, this robust financial foundation enables Movement to support sophisticated DeFi applications from day one.

Public Mainnet Beta Launch: Features

Movement Network is a secure and scalable network of Move-based chains secured by Ethereum, creating safer execution environments through the Move programming language originally developed by Meta to power safer, better digital economies. Movement is the Network’s first chain.

Public Mainnet Beta key features:

  • Permissionless smart contract deployment
  • Full user onboarding and engagement
  • Attestations of block states will be committed to Ethereum as part of the Movement’s Fast Finality Settlement.
  • Canonical Movement bridge via LayerZero

“With Public Mainnet Beta, developers can now deploy smart contracts without approval, and users can freely engage with the Movement ecosystem. This marks the beginning of a new chapter for Move-based technology, combining robust security and better performance with Ethereum‘s network affects” added Rushi Manche, Co-Founder, Movement Labs.

The launch features the canonical Movement bridge powered by LayerZero, enabling users to seamlessly transfer MOVE (the network’s native gas token), USDT, USDC, wBTC, wETH, and more to the Movement chain.

The Movement Network Foundation will continue to launch additional features over time as the ecosystem evolves.

For more information about Movement Public Mainnet Beta, For more information about Movement’s Developer Mainnet, visit movementnetwork.xyz or follow@movementlabsxyz, @movementfdn, @moveecosystem @Move_Collective on Twitter.

About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.

MEDIA CONTACT:
Carmen Pearson
Head of PR & Communications
Movement Labs
Carmen.Pearson@MovementLabs.xyz

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SOURCE Movement Network Foundation

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Ethereum Price Forecast: ETH Eyes Recovery Amid ETF Outflows

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Ethereum (ETH), the second-largest cryptocurrency by market capitalization, continues to face significant headwinds as exchange-traded fund (ETF) outflows pressure its price. Despite Ethereum’s recent dip near the $2,000 psychological level, there are signs of a potential recovery. In this article, we will explore the factors influencing Ethereum price forecast, including exchange net outflows, ETF selling activity, and technical indicators that suggest a possible reversal.

Ethereum ETF Outflows Weigh on the Crypto Market 

Ethereum’s recent price decline can be attributed to broader market sentiment and the growing influence of institutional investors through crypto ETFs. Last week, Ethereum exchanges saw one of the highest weekly net outflows of $1.8 billion, the largest amount since December 2022. While this suggests a strong buy-the-dip attitude among crypto-native investors, the selling pressure from institutional players, particularly those involved in Ethereum ETFs, remains a major drag on the market.

Crypto ETFs in the U.S. recorded a net outflow of approximately $94 million last week, indicating that institutional investors continue to scale back their holdings. This trend has contributed to the overall negative sentiment in the crypto space, with Ethereum price struggling to maintain its footing near the $2,000 level.

Ethereum Price and Market Sentiment: Institutional Sell-Offs Persist 

The decline in Ethereum’s price has also been linked to the rising correlation between cryptocurrencies and traditional stock markets. As the S&P 500 has dropped over 450 points since hitting its all-time high on February 19, investors are increasingly adopting a “risk-off” approach. President Donald Trump’s tariff decisions on international trading partners have only added to the uncertainty in the global markets, which is spilling over into the crypto sector.

Ethereum ETFs, which allow traditional investors to gain exposure to Ethereum without directly holding the asset, have seen a combined outflow of $4.75 billion over the past four weeks. This continued outflow of funds is a significant factor weighing on Ethereum price, as institutional investors are a key part of the market’s liquidity.

Technical Indicators Suggest a Potential Reversal for Ethereum 

Despite the negative sentiment surrounding Ethereum, there are several technical indicators that suggest a potential reversal. Ethereum’s price has recently bounced off the $2,000 psychological level, indicating that buyers may be viewing this level as an attractive entry point.

The Stochastic Oscillator, a momentum indicator, is currently in the oversold region, which often signals that the asset is due for a rebound. Additionally, Ethereum’s Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) indicators are both showing bearish momentum, but they have not yet reached extreme levels that would suggest a prolonged downturn.

If Ethereum can pull off a high-volume move above the $2,200 resistance level and break through key ascending trendline resistance, it could signal the beginning of a recovery. However, the price action must close weekly above this level to confirm the reversal.

Ethereum Price Forecast: What’s Next for ETH? 

The future of Ethereum price largely depends on the balance between buying pressure from crypto-native investors and the ongoing selling pressure from institutional players. If Ethereum continues to hold the $2,000 level, the buy-the-dip sentiment could drive the price higher in the coming weeks. However, if Ethereum fails to maintain this level and falls below $1,500, it could lead to further declines toward the $1,000 psychological level.

Ethereum’s price forecast is also closely tied to broader market conditions. If traditional stock markets continue to struggle or if global economic uncertainty worsens, the crypto market may continue to feel the pressure of ETF outflows. Conversely, any positive developments in the macroeconomic landscape or changes in investor sentiment could trigger a price recovery for ETH.

Conclusion: Ethereum’s Road to Recovery 

While Ethereum faces significant challenges due to ETF outflows and market sentiment, the technical indicators suggest that there is potential for a price reversal. Crypto-native investors are seizing the opportunity to buy Ethereum at discounted levels, but institutional selling continues to weigh heavily on the market. Ethereum’s ability to hold key support levels and break through resistance will determine if a recovery is on the horizon. As always, Ethereum’s future performance will depend on the broader market conditions and investor sentiment.

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