Binance co-founder and former CEO Changpeng “CZ” Zhao disclosed his cryptocurrency holdings on Binance Square, revealing that BNB makes up nearly 98.5% of his portfolio. The former exchange chief holds 1.32% of his portfolio in Bitcoin (BTC), followed by small allocations in stablecoins EURI (0.17%) and USDT (0.03%). Zhao also noted an unknown holding of sBTC, a wrapped Bitcoin asset on the Stacks network, but admitted he had no idea where it came from or how to get rid of it. His post came in response to an X user request to showcase his trader profile. Initially joking about where to find the feature, Zhao quickly shared the data, sparking discussions on why his Bitcoin allocation was so small. One of the more puzzling holdings was EURI, a little-known stablecoin. When questioned about it, Zhao speculated it might be tied to an old Binance Card feature but couldn’t recall its origins. Regarding sBTC, he dismissed it as an old fork or airdrop token, long delisted and effectively useless. Zhao’s portfolio disclosure comes weeks after he unintentionally triggered a wave of memecoin speculation by revealing his dog’s name, Broccoli. That revelation led to hundreds of Broccoli-themed tokens, much like the TST memecoin, which surged after Binance listed it despite its origins as a BEP-20 tutorial token. However, Zhao holds neither TST nor any of the Broccoli-themed tokens. Zhao’s financial influence remains massive, with Bloomberg estimating his net worth at $47.8 billion, making him the 31st richest person in the world. Despite this, Zhao previously dismissed these figures, saying he doesn’t have “anywhere near as much.” His controlling stake in Binance remains a key asset, though last year, he told Bloomberg he received offers to sell his equity. Zhao stepped down as Binance CEO in 2023 after pleading guilty to violating the Bank Secrecy Act. He paid a $50 million fine and served a four-month prison sentence, which he completed in September. Binance founder dismissed last week speculation that the world’s largest cryptocurrency exchange is up for sale. Zhao called the rumors misinformation spread by a competitor in Asia and insisted that Binance remains privately held. “Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale. As a shareholder, Binance is not for sale,” he wrote on X. Co-founder Yi He backed Zhao’s earlier statements, suggesting that the rumors were part of a competitor’s PR strategy. She added that Binance would rather buy than sell, inviting exchanges considering a sale to reach out.  

This article was submitted by Antreas Themistokleous, an analyst at Exness. This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook. Highlights of the week:US GDP,German inflation US PCE index, Chinese manufacturing Thursday: US GDP Growth Rate QoQ 2nd Estimate for the fourth quarter is expected to reach 2.3% against the previous reading of 3.1%. If this expectation is met then it might create some pressure for the Dollar while supporting many of the instruments traded against it. Friday: Preliminary German inflation rate at 13:00 PM GMT. The market consensus for the month of February is for the figure to remain static at 2.3% however any significant deviation on the actual publication could most probably influence the European inflation figure which will be published next week. US core PCE price index for the month of January is expected to increase to 0.3% against the previous 0.2%. If this figures are broadly accurate then it might create some support for the Dollar whereas in the event of a more soft PCE reading then the Dollar might weaken. Saturday: NBS manufacturing PMI at 01:30 AM GMT where the expectations are for an increase reaching 50 points. The NBS is larger than the Caixin and is focusing more on larger state-owned firms. If the expectations are correct then it would mean that the state-owned firms might be performing better, given the actual figure is above the 50-point level indicating that the manufacturing sector of the NBS survey might still be expanding and probably might have some effect on production-related products like oil, natural gas, silver, etc. Monday: Caixin Manufacturing PMI at 01:45 AM GMT. The figure for the month of February is expected to increase by 0.5 points reaching 50.6. Caixin PMI is more focused on the export sector and small and midsize enterprises (SMEs) and a reading of anything below the 50 point mark would indicate that these companies have yet to recover fully which could result in affecting the prices of various manufacturing related instruments. USOIL, daily Hedge funds have become less optimistic about crude oil, reducing their net-bullish bets for the fourth consecutive week, with net-long positions for US marker West Texas Intermediate reaching their lowest level since October. The reduction in net-long positions is driven by both a decrease in long-only positions and an increase in short-only ones, according to data from ICE Futures Europe and the US Commodity Futures Trading Commission. Oil prices have been falling in recent weeks due to various factors such as US tariffs, talks on the war in Ukraine, potential resumption of Iraqi exports from the Kurdistan region, and possible deferral of output hikes by OPEC+. On the technical side, the price of crude oil has been trading in a range in between the 50% and the 78.6% of the weekly Fibonacci retracement level perfectly respecting these boundaries. The oversold Stochastic oscillator in combination with the 50-day moving average trading above the slower 100-day moving average indicate that the short term outlook for crude oil might be slightly bullish. If we study the latest two minor swings the price had minor bullish runs after aggressive sell offs and currently we are at the stage of an aggressive selloff last week. If the price does follow the pattern and we see bullish movement on the chart then the area of technical resistance might be found around $73 which is the area of price reaction of the recent swing highs. Gold-dollar, daily Gold prices have been rising, reaching just under last week’s record, due to a weakening US dollar and increased demand via Exchange-Traded Funds (ETFs), with predictions suggesting it could reach $3,000 an ounce. The increase in gold prices is attributed to a 27% climb in 2024 and growing concerns over US President Donald Trump’s trade and geopolitical policies, with Goldman Sachs raising its year-end target for the metal to $3,100. The US dollar dropped following reports of slowed business activity and waning consumer confidence, leading to expectations of more rate cuts by the Federal Reserve, which in turn benefits gold due to lower borrowing costs. From a technical point of view, the price has slowed down its bullish rally after facing the resistance of the 161.8% Fibonacci extension level and it’s currently trading sideways for the past 5 sessions. The Stochastic is still in the overbought area for the majority of 2025 while the moving averages confirm the validity of the bullish trend. Major US banks value that the price might reach the $3,000 level soon which is very probable given the trajectory of the price since the start of the year and there are no major signs of a reversal just yet. The Dollar index is still declining giving a boost to the yellow metal in the near short term. Disclaimer: the opinions in this article are personal to the writer and do not reflect those of Exness or Finance Feeds. Disclaimer: This sponsored market analysis is provided for informational purposes only. We have not independently verified its content and do not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.

Singapore, Singapore, February 24th, 2025, Chainwire Foresight Ventures, a leading global crypto-focused venture capital firm, has announced its commitment of up to $25 million to support live projects on the BNB Chain throughout 2025 as part of the BNB Incubation Alliance (“BIA”). This collaboration underscores Foresight Ventures’ dedication to fostering innovation and empowering early-stage blockchain initiatives. As an alliance member of BIA, Foresight Ventures will have the opportunity to invest in standout projects, identifying high-potential ventures early in their development. The BNB Incubation Alliance, launched by BNB Chain and YZi Labs (formerly Binance Labs), serves as a dynamic accelerator for early-stage Web3 projects. Through an interconnected ecosystem of resources, mentorship, and strategic partnerships, BIA is poised to redefine how emerging blockchain ventures achieve sustainable growth and impactful deployment. BIA features a comprehensive support framework that includes access to the Most Valuable Builder (MVB) program, potential YZi Labs funding opportunities, and BNB Chain grants. Selected projects will also benefit from the innovative Launch-as-a-Service (LaaS) package, streamlining their development journey within the BNB ecosystem. By creating this pipeline of tools and resources, BIA is positioned to catalyze the next wave of industry-leading Web3 projects. Forest Bai, Co-Founder of Foresight Ventures, commented: “Our commitment to supporting projects in the BNB Incubation Alliance reflects our enduring mission to support visionary entrepreneurs and emerging blockchain projects. By backing projects within BIA, we aim to bridge promising ideas with the essential resources and networks they need to thrive. This collaboration reinforces our belief in the transformative power of blockchain technology and our responsibility to foster its adoption globally.” The BNB Chain Core Development Team expressed: “The BNB Chain ecosystem continuously works to catalyze projects’ success through initiatives like BIA from ideation to maturity and ecosystem incentives, empowering builders to succeed and thrive “ The BNB Incubation Alliance will conduct a series of global events designed to showcase early-stage projects and connect them with industry leaders, investors, and experts. These events will spotlight ventures in incubation, offering unparalleled opportunities for collaboration and knowledge exchange. The criteria for project selection prioritize innovation, scalability, and a strong alignment with the ecosystem’s objectives. As a pioneer in bridging East and West within the crypto sector, Foresight Ventures brings unparalleled insights and a robust network to the alliance. Its commitment reflects a desire to catalyze blockchain innovation across borders. About Foresight Ventures Foresight Ventures is the first and only crypto VC bridging East and West. With a research-driven approach and offices in the US and Singapore, they are a powerhouse in crypto investment and incubation. Their premier media network includes The Block, Foresight News, BlockTempo, and Coinness. They invest in bold innovations and are committed to reshaping the future of digital finance by supporting visionary founders and groundbreaking projects. For more information, users can visit: Website | Twitter | LinkedIn For media inquiries, users may contact: media@foresightventures.com Contact PR team media@foresightventures.com Disclaimer: This content is a press release from a wire service. This press release is provided for informational purposes only. We have not independently verified its content and do not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.

German election results boosted the Euro, with CDU/CSU leading. US Dollar weakened on rate-cut speculation, while gold remained stable amid market fluctuations. German Election Outcome and Its Market Impact The results of the German federal election have played a significant role in shaping the sentiment in the financial markets, particularly in the foreign exchange market. The CDU/CSU, led by Friedrich Merz, emerged as the leading party, securing approximately 28.6% of the total votes. The far-right Alternative for Germany (AfD) followed with 20.8%, while Olaf Scholz’s Social Democratic Party (SPD) dropped to third place with 16.4%. Given that these results were largely in line with pre-election polls, the market response was relatively measured, and the Euro (EUR) saw a modest uptick against its major peers. Investors interpreted the outcome as politically stable, as the most likely scenario now points toward a coalition government between CDU/CSU and SPD. The political stability resulting from the election reduced uncertainty in the market, prompting a stronger Euro. This boost in the EUR/USD exchange rate pushed the pair above the 1.0500 mark at the start of the week. In addition, EUR/GBP traded in positive territory above 0.8300, while EUR/JPY gained more than 0.5%, nearing 157.00. This trend suggests that forex traders are responding to the election’s results with confidence in European assets, particularly given the lack of unexpected political disruptions. Moreover, gold prices, which often react to geopolitical risks and economic uncertainty, remained relatively stable despite the election outcome. The results created room for further Euro appreciation, depending on how coalition negotiations unfold and how the newly formed government approaches fiscal and economic policy. US Dollar Weakness and Interest Rate Speculation The US Dollar (USD) has faced downward pressure due to a combination of weak economic data and growing expectations of Federal Reserve interest rate cuts. The US Dollar Index (DXY), which tracks the Greenback’s performance against a basket of major currencies, slipped to its lowest level since early December, trading below 106.50. Several factors contributed to this weakness, including declining US business activity, softer consumer confidence, and lower Treasury yields. The latest US economic reports showed a slowdown in economic growth, with the preliminary S&P Global Services PMI contracting for the first time in 25 months. The Services PMI declined to 49.7 from 52.9, falling below the crucial 50 threshold, which indicates contraction in the sector. This economic slowdown has reinforced speculation that the Federal Reserve might need to adjust its monetary policy sooner rather than later. Market participants have been closely monitoring inflation trends and employment data to gauge the Fed’s next move. The probability of an interest rate cut in the upcoming months has increased, with traders now anticipating at least two rate cuts by the end of the year. If inflation data remains subdued and economic growth continues to weaken, the Fed may be forced to intervene with more aggressive monetary easing to support the economy. In contrast, some analysts expect the Fed to maintain a cautious stance, keeping rates higher for longer to ensure inflation remains under control. This uncertainty has led to fluctuating expectations in the forex and bond markets, with investors keeping a close eye on key economic releases such as the US Durable Goods Orders and the Personal Consumption Expenditures (PCE) Price Index, which are due later in the week. Gold’s Stability Amid Market Fluctuations Gold prices have remained relatively stable despite fluctuations in the currency and bond markets. The price of gold (XAU/USD) held steady above $2,930 and even saw modest gains, reflecting its role as a safe-haven asset in times of economic and political uncertainty. One of the key drivers of gold’s recent strength is the weakening US Dollar. As the USD lost ground due to declining economic data and rising rate-cut expectations, investors turned to gold as an alternative store of value. A softer dollar typically makes gold more attractive to foreign investors, contributing to its price resilience. Additionally, lower US Treasury yields have supported gold prices, as the opportunity cost of holding non-yielding assets like gold decreases when bond yields decline. The outcome of the German election also played a role in the gold market, with investors initially assessing the impact of the far-right AfD’s strong performance. Although AfD gained significant support, it fell short of securing a blocking minority, reducing the immediate political risks that could have driven higher demand for gold. However, traders remain cautious about potential global economic headwinds and ongoing geopolitical risks, which could still provide upside momentum for gold in the near future.   Top economic events for this week: 02/24/2025 09:00:00 IFO – Business Climate, Current Assessment, Expectations (EUR) – MEDIUM Impact: These IFO surveys provide key insights into German business sentiment. Germany is the Eurozone’s largest economy, so these figures significantly impact the Euro’s value and overall Eurozone economic expectations. Changes in these indexes can signal shifts in economic growth and investor confidence. 02/24/2025 10:00:00 Core Harmonized Index of Consumer Prices (MoM/YoY) & Harmonized Index of Consumer Prices (MoM) (EUR) – MEDIUM Impact: These are crucial inflation measures for the Eurozone. They directly influence the European Central Bank’s (ECB) monetary policy decisions. Higher-than-expected inflation could lead to interest rate hikes, impacting the Euro and financial markets. 02/24/2025 Multiple Times BoE’s speeches (GBP) – MEDIUM Impact: Speeches from Bank of England (BoE) members, such as Lombardelli, Ramsden, and Dhingra, can heavily influence GBP markets. The content of their speeches regarding the economy, inflation, and monetary policy provides valuable insight into the BoE’s future decisions. 02/25/2025 07:00:00 Gross Domestic Product (QoQ/YoY/w.d.a) (EUR) – MEDIUM Impact: GDP figures reveal the overall health of the Eurozone economy. These reports show how much the Eurozone’s economy has grown or contracted. They greatly affect investment decisions and the value of the Euro. 02/25/2025 15:00:00 Consumer Confidence (USD) – MEDIUM Impact: Consumer confidence reflects how optimistic or pessimistic consumers are about the economy. This is a significant indicator for future consumer spending, which drives a large portion of the US economy. 02/25/2025 Multiple Times Fed’s Speeches (USD) MEDIUM Impact: Speeches from various Federal Reserve members such as Barr, and Logan, give market participants insight into the Federal Reserve’s thinking regarding economic conditions and future monetary policy. These speeches can cause shifts in the stock and currency markets. 02/26/2025 00:30:00 Monthly Consumer Price Index (YoY) (AUD) – HIGH Impact: Australian CPI data are a critical measure of inflation. High inflation can prompt the Reserve Bank of Australia (RBA) to raise interest rates, impacting the Australian dollar and overall economic stability. 02/27/2025 08:00:00 Gross Domestic Product (QoQ) (CHF) – HIGH Impact: Swiss GDP reports indicate the economic activity level in Switzerland. These numbers can cause movement in the Swiss Franc. 02/27/2025 13:30:00 Gross Domestic Product Annualized (USD) – HIGH Impact: The US GDP release is one of the most important economic indicators. It shows the overall growth rate of the US economy, which affects global markets. Associated reports released at the same time such as core PCE and durable goods orders also hold high importance. 02/28/2025 13:30:00 Core Personal Consumption Expenditures – Price Index (MoM/YoY) (USD) – HIGH Impact: The core PCE price index is the Federal Reserve’s preferred measure of inflation. As a result, it has a substantial impact on monetary policy and market expectations. Gross Domestic Product Annualized (CAD) released at the same time holds similar impact for the Canadian Dollar.   The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Pepperstone has expanded its 24-hour US share CFD selection by adding 79 new stocks to surpass 100 of the most actively traded US equities. The expansion follows strong demand for Pepperstone’s initial 24-hour US share CFD offering, which launched in March 2024. Market data since then has highlighted the increasing importance of overnight trading, with major corporate earnings releases, economic reports, and breaking news often driving price swings outside the standard trading day. Traders who could only access the market during normal exchange hours often faced gaps in price movement, missing key opportunities, or struggling to adjust to rapid developments. The move reflects a growing shift toward after-hours trading as traders seek to capitalize on price movements occurring outside regular exchange hours. Concentration of price gains outside of regular trading hours Analysts at Pepperstone have examined trends in high-momentum stocks, uncovering a striking concentration of price gains outside of regular trading hours. The research focused on major US equities, including Tesla, Nvidia, and Alphabet, which have shown a tendency for significant price action during overnight sessions. 97% of Tesla’s share price gains have occurred outside the Nasdaq cash session. 82% of Nvidia’s share price gains have materialized after hours. 91% of Alphabet’s share price gains have taken place outside regular market hours. Chris Weston, Head of Research at Pepperstone, spoke about the findings. “The data trends we’ve observed suggest that, for traders whose strategy holds edge in periods of trend and heightened movement, it’s the overnight session that has generated the best returns for the NAS100 and many of the marquee US equity plays. Aside from the complete ability to react at a time of the trader’s choosing, this relative performance is perhaps another reason why 24-hour US equity pricing may be the default position for equity traders in the future. One to watch with Nvidia’s earnings report coming up.” ASML, Palantir, Baidu, GameStop, Uber, Netflix, Mastercard, Visa The financial industry has long debated the role of after-hours trading, but recent developments have solidified its relevance. Historically, investors faced significant liquidity constraints outside regular exchange hours, limiting participation. Advances in electronic trading platforms have addressed these concerns, providing increased access to institutional and retail participants. In 2022, a study by the Securities and Exchange Commission noted that after-hours trading accounted for nearly 10% of total market activity. The percentage has only increased, with some analysts arguing that after-hours sessions now reflect the true pulse of the market. Pepperstone’s expanded 24-hour US share CFD selection includes a range of high-profile stocks across multiple sectors. The latest additions include: Technology leaders: ASML, Palantir, Baidu Consumer and entertainment giants: GameStop, Uber, Netflix Financial powerhouses: Mastercard, Visa Founded in 2010, Pepperstone has grown to become the seventh-largest CFD broker globally, serving traders in over 160 countries. The company operates under regulatory oversight from ASIC, SCB, FCA, FSC, DFSA, CMA, BaFin, and CySEC.

USDJPY currency pair can be expected to rise to the next resistance level 151.00 (former strong support from the start of February which created the daily Morning Star).   USDJPY reversed from support zone Likely to rise to resistance level 151.00 USDJPY currency pair recently reversed up from the support area located at the intersection of the pivotal support level 149.15 (which has been reversing the price October, as can be seen from the daily USDJPY chart below), lower daily Bollinger Band and the 50% Fibonacci correction of the previous upward ABC correction (2) from September. The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Doji, which stopped the previous minor impulse wave 3 of the higher downward impulse wave (3) from January. Given the strength of the support level 149.15 and the rising bearish yen sentiment that can be seen across the FX markets today, USDJPY currency pair can be expected to rise to the next resistance level 151.00 (former strong support from the start of February which created the daily Morning Star). The subject matter and the content of this article are solely the views of the author. FinanceFeeds does not bear any legal responsibility for the content of this article and they do not reflect the viewpoint of FinanceFeeds or its editorial staff. The information does not constitute advice or a recommendation on any course of action and does not take into account your personal circumstances, financial situation, or individual needs. We strongly recommend you seek independent professional advice or conduct your own independent research before acting upon any information contained in this article.

Acuity Trading, a provider of AI-driven trading insights and analytics, has appointed Jeremy Preston as Account Manager. His addition strengthens the company’s client engagement strategy as it continues expanding its presence in financial technology. Preston has more than a decade of experience in business development and account management. His expertise includes building strategic partnerships, managing complex sales cycles, and delivering client-focused solutions. His career has spanned EdTech and Business Intelligence, where he adapted to diverse markets and developed long-term client relationships. “I am thrilled to join Acuity Trading and contribute to its remarkable journey in transforming how trading insights are delivered,” said Preston. “I look forward to leveraging my experience to build meaningful connections and support clients in achieving their goals.” “Jeremy’s expertise will be instrumental in driving our growth strategy” In his new role, Preston will strengthen relationships with existing accounts, identify growth opportunities, and support client retention. He will also contribute to Acuity Trading’s market expansion through strategic business development initiatives and partnerships. Joe Neighbour, Head of Sales at Acuity Trading, welcomed Preston’s appointment. “We are delighted to welcome Jeremy to the team. His proven track record in business development, combined with his passion for delivering exceptional client service, makes him an invaluable addition to our company. Jeremy’s expertise will be instrumental in driving our growth strategy and reinforcing our commitment to excellence.” Preston’s appointment highlights Acuity Trading’s commitment to innovation and client-centric growth. His experience aligns with the company’s mission to provide cutting-edge trading technology while delivering high-value insights to clients. Acuity Trading introduced visual news and sentiment tools in 2013, transforming the online trading experience for millions of investors. The company continues to lead the fintech market with alpha-generating alternative data and highly engaging trading tools built with the latest AI research. Acuity’s team of academics, scientists, news, and market professionals develops data products that add value for investors of all experience levels. The company’s solutions are available through APIs, MT4/5, plug-and-play widgets, and third-party automation services. Acuity Trading partnered with cTrader Acuity Trading recently announced a strategic partnership with cTrader, bringing its suite of advanced analytics tools directly to one of the industry’s leading trading platforms. This collaboration aims to transform trading experiences by integrating cutting-edge data and insights into brokers’ and traders’ workflows. The partnership enables cTrader users to access Acuity Trading’s tools, including: Research Terminal and NewsIQ: AI-powered research tools that consolidate market insights, news, economic calendars, and signals into one interface. AnalysisIQ: Trade ideas with detailed analysis to support informed decisions. AssetIQ: Deep-dive analysis of assets, leveraging forensic AI technology across diverse data sources. Economic and Corporate Calendars: Tools that monitor global economic events and corporate actions with precision. These features are embedded directly into the cTrader platform, ensuring a seamless user experience. Brokers can also customize the tools for specific client needs, such as server-based access control and content display based on account thresholds. The partnership with cTrader is part of Acuity Trading’s broader efforts to revolutionize trading technology. In 2024, Acuity launched its advanced AI-powered sentiment tools, receiving accolades for improving decision-making in volatile markets. cTrader, recognized as an industry leader in trading platform technology, has also been expanding its functionality with the addition of free cloud execution for cBots and enhanced API tools for developers. Acuity launched fully automated, AI-powered tool, TradeSignals In January, Acuity launched Tradesignals. Extending beyond the capabilities of Acuity’s well-known AnalysisIQ platform, TradeSignals adds a new layer of automation to an already robust suite of trading tools. The new AI-driven signals tool caters specifically to the FX and cryptocurrency markets, bringing an unparalleled blend of machine precision and market intuition. Technical Analysis (TA) has always been a mainstay in the trader’s toolkit, but Acuity’s has flipped the script by infusing it with cutting-edge Natural Language Processing (NLP) and sentiment analysis. By tapping into real-time news sources and volatility data, Acuity’s AI doesn’t just read the charts—it reads the room. This approach allows traders to see market signals in context, combining classic TA indicators with live sentiment tracking. The result? A more holistic, responsive system that can adapt to market shifts as they happen. One of the key selling points of this rollout is its seamless integration into Acuity’s AnalysisIQ product. There’s no need for traders to learn a new system or overhaul their strategies. Instead, the automated signals fit snugly alongside the existing toolkit, preserving the familiarity and customizability that users appreciate. Traders can toggle between human-generated insights and AI-powered signals, allowing for a hybrid approach tailored to different market conditions and personal preferences. Acuity isn’t skimping on breadth, either. As of launch, the platform provides signals for over 2,100 assets, including heavyweights like the SP500, Russell 2000, EUROStoxx, FTSE100, and NASDAQ100. Crypto traders, too, will find a diverse array of signals targeting popular digital assets. The firm has plans to broaden its reach even further, with future updates set to include more equities, commodities, and FX instruments. This expansion aligns with the company’s goal of ensuring traders can access high-liquidity assets across global markets. Customization and optimization are at the core of Acuity’s trading strategies. By calibrating different parameters—such as risk tolerance and decision-making timeframes—Acuity ensures that its trade signals aren’t just relevant but razor-sharp. Moreover, separate optimizations for long-only and short-only strategies add another layer of finesse, giving traders an edge whether the market is rising or falling. Perhaps the most compelling piece of the puzzle is performance. Acuity’s AI signals have consistently outperformed traditional buy-and-hold strategies—even with a win rate below 50%. The secret lies in rigorous risk management and smart stop-loss protocols that minimize losses and let winners run.

Saxo has reported a substantial increase in client numbers in the UK following the introduction of its revised pricing model. The total number of new trading clients across all markets has risen 132% in 2024 compared to 2023, with notable demographic shifts in the UK. The UK has seen a sharp rise in the number of younger traders and female investors. New clients under the age of 25 now account for 15% of sign-ups in 2024, up from 9% in 2023. Female participation has also seen significant growth, with the number of new female clients tripling year-on-year to represent 18% of new UK accounts. Significant reductions in trading costs for UK clients Andrew Bresler, CEO of Saxo in the UK, highlighted the impact of the changes. “Our pricing model is indicative of our belief that our clients should have access to investment solutions that are both best-in-class and cost-effective. Seeing such robust growth in our client numbers – both in the UK and globally across our markets – is a testament to the strength of our offering and attractive pricing.” Saxo introduced its revised pricing structure in January 2024 across key markets, leading to significant reductions in trading costs for UK clients. Among the changes: US stock trading fees now start at $1 per trade. UK stock trades carry a minimum £3 commission. Custody and platform fees have been removed. Currency conversion fees have been cut to 0.25% across all accounts. The reductions have increased engagement among both new and existing clients, allowing for more frequent and cost-effective trading across global markets. Saxo’s expanded client base has also influenced trading habits. Dan Squires, CCO at Saxo in the UK, noted a shift in preferences among traders. “Our clients have access to over 70,000 instruments globally, providing them with a breadth of investment opportunities. This also enables us to observe some interesting trends in trading and investing habits – in 2024, for instance, UK stocks were noticeably absent from the top 25 most traded instruments on our platform, with the S&P 500 dominating in terms of value traded.” Saxo’s latest figures suggest that lower trading costs, coupled with access to an extensive range of instruments, continue to attract a broader and more diverse client base. The broker’s ability to respond to market trends and evolving investor demands has reinforced its position as a leading online trading and investment platform. Saxo UK launched SaxoInvestor in 2024 Saxo Bank’s UK operation also launched SaxoInvestor, a new investing platform in the UK that provides access to more than 70,000 global instruments, offering a diverse portfolio all in one place. SaxoInvestor claims to charge low commissions, 0.25% FX fees, while offering expert insights, and tax-efficient savings for cost-effective and long-term growth. SaxoInvestor offers access to a wide range of stocks, ETFs, bonds and mutual funds totalling over 70,000 instruments globally. The new investing platform is built similarly to SaxoTraderGO and SaxoTraderPRO, but offers a simplified interface designed to meet the needs of the typical investor. The firm says that all Saxo Direct clients will continue to enjoy the same pricing, features such as the screener tool or the ability to create watchlists, and access the in-depth analysis they are familiar with—just within a more streamlined, user-friendly design. Saxo UK is the UK FCA-authorized subsidiary of Saxo Bank. Operating in London since 2006, Saxo UK offers access to multi-asset trading and investment.

NAGA has announced the promotion of Paul Turner from Executive Director to Senior Executive Officer at the MENA region operation. Effective immediately, Paul Turner will oversee strategic initiatives, ensure regulatory compliance, and enhance operational performance. His experience spans more than two decades in financial services, with senior positions at major institutions. He has led strategic projects, managed complex operations, and built high-performing teams. “Paul has been an invaluable asset to NAGA since he joined the company” Octavian Patrascu, CEO of The NAGA Group, said: “Paul has been an invaluable asset to NAGA since he joined the company. His leadership, strategic thinking, and commitment to excellence have been instrumental in driving our growth and success. We are confident that he will continue to make a significant contribution to NAGA in his new role as Senior Executive Officer in Abu Dhabi.” Turner expressed appreciation for the opportunity. “NAGA’s vision aligns with my passion for financial technology and client-centric innovation. I look forward to building on our success, reinforcing our presence in Abu Dhabi, and delivering exceptional value to our clients.” Turner has built a reputation as a decisive leader who understands regulatory frameworks, risk management, and market dynamics. His expertise has played a key role in NAGA’s regional strategy. He has established partnerships, refined operational structures, and introduced initiatives to align with the company’s long-term goals. NAGA MENA continues expanding in the Middle East, where demand for financial technology and investment services remains strong. The company sees Abu Dhabi as a critical hub for its growth strategy, with Turner at the helm to navigate regulatory requirements, market competition, and evolving client needs. NAGA operates in over 100 countries with nine local offices. The company provides a financial ecosystem that merges trading, investing, and banking services through its SuperApp. The platform allows users to trade stocks, cryptocurrencies, and other assets while accessing social trading features that replicate successful strategies. The platform integrates fiat and cryptocurrency services, including a physical VISA card with automatic crypto conversion and cashback rewards. NAGA emphasizes accessibility, providing tools for both experienced traders and newcomers seeking financial opportunities in global markets. NAGA’s growth reflects broader trends in fintech, where demand for multi-asset trading and seamless financial services continues rising. The company’s expansion strategy focuses on technology-driven solutions, positioning it as a leader in the industry. NAGA added UAE and Saudi stocks NAGA recently added UAE and Saudi Arabian stocks to its trading platform, opening up a world of opportunities for investors looking to tap into dynamic Middle Eastern markets under a robust regulatory framework. A few reputable stocks now available include: Emirates Telecom: A leader in digital transformation First Abu Dhabi Bank: The UAE’s largest bank by assets Saudi Arabian Mining: Pioneering the Kingdom’s mining sector Riyad Bank: A key player in Saudi Arabia’s financial services Authorized and regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, NAGA allows users to leverage its advanced copy trading system, Autocopy, which enables them to automatically mirror the trades of successful investors, benefiting from their expertise in Middle Eastern markets. The move comes on the heels of increased interest in Saudi and UAE markets. Centroid Solutions recently integrated with Saudi brokerage firm SNB Capital to allow Centroid clients to seamlessly access one the Saudi Exchange (Tadawul). By integrating SNB Capital, which is not only a leading broker on the Saudi Exchange but also the largest investment bank in the Kingdom of Saudi Arabia, Centroid is further expanding its network of financial market connections at a time of accelerating investor interest in Saudi Arabia’s markets. Now, brokers utilizing Centroid Bridge can connect directly to SNB Capital, enabling efficient and secure trading of equities within Tadawul and offering significant opportunities for Centroid’s clients, allowing them to capitalize on Saudi Arabia’s rapidly expanding financial ecosystem. In October, Interactive Brokers became the first global broker to offer Saudi equities to eligible international investors. NAGA enhanced trading education with new experts team Last year, NAGA assembled a team of seasoned professionals to top up its financial education initiative and ensure that every user has access to top-tier education—no matter their background or location. The neobroker’s financial education initiative is driven by a diverse team of experts, including Frank Walbaum, Walid Koudmani, Miguel Rodriguez, and Tammy Horsfall. The new team of market analysts is comprised of former professionals from some of the world’s most respected financial institutions. The goal is to provide knowledge and real-time insights to traders globally. Below,the key highlights of each expert: • Frank Walbaum (German markets): With extensive experience managing a €450 million Forex fund, Frank brings invaluable expertise in Asian currencies and the German stock market. • Walid Koudmani (Italian/Arabic-speaking markets): A multi-asset class analyst, Walid’s market forecasts and macroeconomic analysis are highly regarded by top financial publications. Fluent in three languages, his insights help traders navigate global markets. • Miguel Rodriguez (English for EU & Spanish for LATAM Regions): With over three decades of experience in currency trading and macro analysis, Miguel’s leadership at Banco Santander has made him a trusted voice in global financial markets. • Jacques Duval (English): A disciplined trader with a scientific approach, Jacques specializes in copy trading and applying statistical analysis to trading strategies. His data-driven insights cater to traders seeking precision and results. • Tammy Horsfall (English): Known for his extensive knowledge of algorithmic trading and technical analysis, Tammy has empowered thousands of traders by simplifying complex data into clear, actionable insights that are easy to follow. NAGA has blended traditional educational tools like articles, webinars, and eBooks with innovative formats such as bite-sized daily videos. The platform will offer live webinars each month, led by these seasoned experts. These sessions range from basic investing principles to advanced trading strategies, offering practical knowledge to traders. NAGA delivers daily, bite-sized educational videos in a TikTok-style format. Additionally, the broker offers users free access to the latest market studies, analysis, and evaluations. The platform also connects traders who share insights, strategies, and experiences.

An outstanding combination of determination and technical skills allowed Bybit to convert what should have been the biggest crypto theft into an example of organizational strength. The massive Ethereum digital asset theft worth $1.5 billion from Bybit’s cryptocurrency wallet made the criminals the largest hackers in blockchain history on February 21, 2025. The market remained strong after the crisis due to fast actions and honest investor communications between Bybit and its stakeholders. Rapid Response and Transparent Communication CEO Ben Zhou took control of X forum communications after thirty minutes of taking the reins to conduct a two-hour detailed livestream about the situation. Comprehensive direct alerts from the organization calmed public concerns as the company set new professional standards for crisis response throughout the field. Seamless Operational Continuity The disruption failed to prevent Bybit from operating its withdrawal services combined with its active service platform. All clients confirmed receiving prompt assistance from their assigned relationship manager during the incident through this verification of superior team operational effectiveness in critical situations. Industry Solidarity in the Face of Adversity The crypto community showed immediate support towards Bybit after the hack was detected by performing exchange-wide wallet blocking operations. Security threats affecting the sector lead professional firms to unite in their defense activities. Unyielding Commitment to Client Security Every client asset remained absolutely untouched by the breach incident while Bybit continued upholding its 1:1 reserve guarantee policy. CEO Ben Zhou reassured Bybit users that their financial base remains stable because asset deposits receive one-to-one backing while he demonstrated strong dedication to asset safety. Proactive Regulatory Collaboration The motion between Bybit and police agencies led both to speed up the security investigation while creating new industry partnership rules. Bybit’s demonstrative forward-thinking approach generates advanced security procedures that build optimal regulatory systems across the complete cryptocurrency system. Swift Recovery and Operational Excellence Under normal operational conditions Bybit processed over 350,000 withdrawal requests throughout less than 12 hours until all transactions concluded successfully. Within 24 hours Bybit managed to reach client activity levels that mirrored those from before the hack thus proving to their users that their crisis protocols work. Bybit turned the incident into an occasion to prove their accounting transparency while demonstrating operational capability thus enhancing industry standards for crisis response.

  seoul, south korea, February 24th, 2025, Chainwire MARBLEX, the web3 gaming ecosystem powered by global gaming giant Netmarble, and Dracoon Ventures, a web3 game-specialized VC, are officially opening applications for MBX/HACK the FUN. This hybrid program combines a hackathon with an acceleration initiative, designed to help web3 game developers build, refine, and successfully launch high-quality games on the MARBLEX ecosystem. MBX/HACK the FUN is more than an accelerator—it’s a game launchpad. The program provides hands-on technical support, mentorship, and business acceleration opportunities for Web3 game studios. This program is tailored for teams that already have a playable build or are in advanced development stages. In addition, the program participants will have the opportunity to showcase their projects at Token2049 Dubai in April, where they can connect with potential partners, investors, and publishers. Over the course of four weeks, game studios and developers will refine their gameplay, tokenomics, and go-to-market strategies with guidance from the hosts and top-tier web3 gaming experts. The program will culminate in The FUN Fest, a high-profile demo day, and an immersive gaming event in Dubai, where finalists will pitch their games to industry leaders, investors, and major gaming ecosystem partners. Winning teams will receive a $100K+ prize each, post-program acceleration, follow-up funding opportunities, and marketing support to ensure a successful launch and long-term growth within the MARBLEX ecosystem. Applications are now open and will close on March 10, 2025(CET). Developers interested in joining the program can apply through the official website (https://mbxhack.fun). This is an opportunity for web3 game creators to work with a leading global publisher and connect directly with real players for success. About MARBLEX MARBLEX is the web3 gaming ecosystem powered by Netmarble, one of the top global game publishers. MARBLEX merges blockchain technology with immersive gaming experiences, offering seamless access to Web3 services, including wallets, DeFi SWAP, and NFT marketplaces. Users can learn more at https://marblex.io About Dracoon Ventures Dracoon Ventures is a web3 game-focused VC, providing early-stage investments and growth acceleration services to web3 gaming startups. With deep expertise in both traditional and web3 gaming, Dracoon Ventures supports the next generation of gaming pioneers. Users can learn more at https://dracoon.ventures Press Contact: Eunielle Yi / eunielle@dracoon.ventures Contact Partner Eunielle Yi Dracoon Ventures eunielle@dracoon.ventures Disclaimer: This content is a press release from a wire service. This press release is provided for informational purposes only. We have not independently verified its content and do not bear any responsibility for any information or description of services that it may contain. Information contained in this post is not advice nor a recommendation and thus should not be treated as such. We strongly recommend that you seek independent financial advice from a qualified and regulated professional, before participating or investing in any financial activities or services. Please also read and review our full disclaimer.

The second-largest cryptocurrency exchange by trading volume Bybit appeals to security experts worldwide to solve the historical encryption crime that remains the largest in history. The contributors who assist in recovering stolen funds may benefit from a reward equivalent to 10% of the recovered amount which could result in a value of up to 140 million USD in case of full recovery. Recovery Bounty Program The monetary support will come from recovered funds which Bybit dedicates to treat ethical cyber security and network security experts who identify and return stolen cryptocurrencies during the incident investigation. The bounty determination consists of proving the recovery of ETH worth more than $1.4 billion at the time of the hack. The platform stands for open book management and making blockchain serve beneficial purposes. “Within 24 hours of the event, we were overwhelmed with support from some of the best people and organizations in the industry, and we do not take it for granted. We have shared in a dark moment of crypto history, and we’ve proven we are better than the malicious actors,” said Ben Zhou, co-founder and CEO of Bybit. “We want to officially reward our community who lent us their expertise, experience and support through the Recovery Bounty Program, and our efforts to make this difficult lesson a valuable one does not stop here. Bybit is determined to rise above the setback and fundamentally transform our security infrastructure, improve liquidity, and be a steadfast partner to our friends in the crypto community,” he added. How to Get Involved The Recovery Bounty Program participants can initiate contact through bounty_program@bybit.com email. The crypto industry depends on trust security elements as fundamental core principles. The expanding nature of the ecosystem depends on shared efforts to sustain its operational power. Exchanges analysts along with members from the full crypto community should unite to protect digital assets through collaborative initiatives. Thematic cooperation will strengthen security measures while deterring untrustworthy behaviors to keep industry confidence intact.