‘No alarm bells’ but ex-Roos coach admits they asked No.1 pick’s family about moving to Vic

Former North Melbourne coach David Noble says he “wasn’t surprised” by Jason Horne-Francis’ trade request but claims the South Australian “embraced” both the Pick 1 mantle and playing for a Melbourne-based club.

The Kangaroos on Sunday night confirmed Horne-Francis had asked North for a trade to the Power, less than 12 months after the Kangaroos selected him with Pick 1 in the national draft.

It comes after a rollercoaster debut AFL season for Horne-Francis, who copped ample attention for failing to keep North in the loop of his mid-season bye arrangements before being dropped to the VFL during the back-half of the year reportedly for subpar recovery standards.

Trading Day begins 5pm EST on Fox Footy, Monday October 3 – daily news and analysis of the AFL trade period. Stream it live or on-demand on Kayo. New to Kayo? Start your free trial now >

Noble, who parted ways with the Roos in July after just 38 games as coach, said he wasn’t stunned by Horne-Francis’ request, but added there were no genuine alarm bells during the season that indicated he would want to move in 2022.

Speaking on AFL Trade Radio on Monday, Noble said the Roos had even discussed the prospect of Horne-Francis’ family moving to Melbourne for extra support at the start of his AFL journey.

“We felt there was probably some genuine interest mid-season (from rival clubs) … they track them a little bit, they would’ve spoken to Benny Williams his manager about where he’s at, how he’s feeling, is he homesick – but nothing substantial that we were ever concerned about,” Noble told AFL Trade Radio.

North Melbourne’s Jason Horne-Francis has requested a trade home. Picture: Michael WillsonSource: Getty Images

“We actually spoke to the family about moving here and whether or not that was an option to continue to support. It’s something I’ve discussed at other clubs with other families that might have some portability to come and support their player in their first year or two going forward – we were at that point.

“But there was no alarm bells at all in regards to him departing or asking for a trade.”

Asked if Horne-Francis “embraced” being the No. 1 pick and being at a Melbourne-based club, Noble said: “He did, very much so.

“He was one of the most determined and driven young men I’ve had the pleasure of working with. Certainly was embracing of being the No. 1. When I got a chance to meet him face-to-face, it didn’t faze him at all … he was very genuine.

“Did he embrace Melbourne? Yeah he did … and he certainly embraced North Melbourne. He made some good friends.

Jason Horne-Francis talks to club great and team runner Brent Harvey. Picture: Quinn RooneySource: Getty Images

“By the time I’d left, I felt there was a really clear direction for him to start to take. Obviously they had to appoint a new coach and go down that path – and I thought when Alastair (Clarkson) was appointed, I thought it’d be exceptionally good for Jason.”

Noble said he “challenged” Horne-Francis consistently but had a “pretty good relationship” with the star South Australian product. He revealed he had a “special” conversation with the midfielder on the day he’d been dumped as North coach.

Noble said Horne-Francis’ request was likely down to “a combination of things”.

“I think the way we were going, the level he wants – and his teammates – to play at and I think there was some frustration that was building as a result of not delivering on the level he wanted to as the No. 1 as comparative to a number of other players that had been taken early,” he said.

Speaking on AFL Trade Radio on Monday, Noble said the Roos had even discussed the prospect of Horne-Francis’ family moving to Melbourne for extra support at the start of his AFL journey.

Source: https://www.foxsports.com.au/afl/afl-trade-news-2022-david-noble-reacts-to-jason-hornefrancis-requesting-move-from-north-melbourne-to-port-adelaide/news-story/540606f9d7b6b7cf4c6896b01a1119e2

Fraud cases in California underscore the need for regulatory action for cryptocurrencies

The California Department of Financial Protection and Innovation (DFPI)for its acronym in English) announced last month that it had issued cease and desist orders against 11 companies for violating California securities laws. Highlights included allegations that they had offered unrated securities and material misstatements and omissions to investors.

These violations should remind us Although cryptocurrencies are a unique and exciting industry for the general public, it’s still an area full of potential bad players and scammers.Yes, so far government regulation of cryptocurrencies has been minimal at best, with a distinct lack of action. Whether you’re a full-time professional investor or a casual hobbyist looking to get involved, You must be absolutely sure what you are getting into before committing to any cryptocurrency related opportunity.

California played with that Establishment of a cryptocurrency-specific business registration process for those wishing to do business in the state. Governor Gavin Newsom vetoed the proposed framework because the resources required to establish and enforce such a framework would be prohibitive for the state. While this type of compliance infrastructure has not yet been deployed, it does indicate concerns regulators have regarding the cryptocurrency industry.

Fraud cases in California underscore the need for regulatory action for cryptocurrenciesFraud cases in California underscore the need for regulatory action for cryptocurrencies

There seems to be a pattern that new industries, particularly those that are attracting as much international attention as cryptocurrencies, are particularly vulnerable to fraud.. You only have to return to cannabis legalization to find out when the last time California dealt with fraudulent schemes of this magnitude.

It seems inevitable that California, known for being the first country in regulation and compliance, will create some sort of regulatory infrastructure specifically for cryptocurrencies in the name of consumer protection.. If history is any indication, other states will follow once California releases its framework.

Federal and state representatives have so far tried in vain to draft laws for the financial regulation of cryptocurrencies.. At the federal level, Senators Cory Booker, John Thune, Debbie Stabenow, and John Boozman have co-sponsored a bill to authorize the Commodity Futures Trading Commission (CFTC) to act as a cryptocurrency regulator, while Senators Kirsten Gillibrand and Cynthia Lummis are co-uniting Sponsored bill to create clearer guidelines for digital assets and virtual currencies. Lawmakers have even turned to tech figures like Mark Zuckerberg to crack down on cryptocurrency fraud..

Cryptocurrencies, California, CFTC, legislation, law, scam, scam, bitcoin scamSource: chain analysis

None of these or similar crypto-focused bills are expected to pass in 2022, however This level of bipartisan collaboration is unprecedented in recent times. The collaboration should reflect the sheer scale of the need for a regulatory framework. In other words, Democrats and Republicans talking about anything should stop the press, but the fact that they’re co-sponsoring multiple bills should tell us there’s a tremendous need for guidance.

How should investing in the cryptocurrency space be approached if the government doesn’t put controls in place? There are some general points to consider when considering a cryptocurrency investment opportunity..

When reviewing an opportunity, do your due diligence! Don’t take anyone’s word without some level of substantive support. If crypto isn’t an area of ​​expertise for you, reach out to professionals who have qualified experience. Make sure to use cryptocurrency monitoring and blockchain analysis tools as part of the investigative process whenever possible.

A common strategy used by scammers is to apply undue pressure or artificial deadlines for a potential close.. Slow down the process and take advantage of the time it takes you to make an investment decision.

If it sounds too good to be true, it probably is.. Despite the exaggeration of the cliche, it’s a valid point. There have been instances of programs that offered initial and ongoing dividend payments to new investors and additional dividend payments to investors brought in by those new investors. If that sounds like a pyramid or a multi-level marketing scheme, that’s because it is. Terms such as “risk-free investment” are also used. Finally, If no one knows where the opportunity is coming from, beware.

Although cryptocurrencies can be a fun and exciting topic with many legitimate opportunities, There are bad players who take advantage of the lack of government oversight and the excitement of overzealous or uneducated investors.

Zach Gordon is a Certified Public Accountant (CPA) and Vice President of Crypto Accounting for Propeller Industries, serving as a fractional CFO and advisor to a portfolio of cryptocurrency and Web3 clients. He was named a CPA of the Forty Under 40, sits on the NYSSCPA Committee on Digital Assets and has worked with crypto clients in various capacities since 2016.

This article is provided for general informational purposes and is not intended and should not be construed as investment or legal advice. The views, thoughts, and opinions expressed herein are solely those of the author and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Source: https://www.europeworldnews.com/fraud-cases-in-california-underscore-the-need-for-regulatory-action-for-cryptocurrencies/

Battered investors now find thrills in T-bills

Home / Markets / Stock Markets / Battered investors now find thrills in T-bills

iStockphotoPremiumiStockphoto wsj 5 min read . Updated: 02 Oct 2022, 06:22 PM IST MATT GROSSMAN, The Wall Street Journal

  • Faltering markets flatter positive returns in the short-term vehicles. ‘You don’t really have too many other great options.’

James DiCio spent much of the last eight years riding cryptocurrencies’ double-digit gains and losses. Lately, the 24-year-old has found a new hot investment: short-term government debt.

Source: https://www.livemint.com/market/stock-market-news/battered-investors-now-find-thrills-in-tbills-11664714471401.html

Amerisourcebergen (ABC) Trading Report

October 02, 2022, 08:45 amET, BYSimon M.-Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Source: Stock Traders Daily

Longer Term Trading Plans for ABC

  • NONE. Details
  • There is no current Support Plan to trigger a buy of this stock at this time. This usually means that there are no clear support levels at this time, so buying the stock as it falls could be considered catching a falling knife. Buy signals only exist if resistance breaks higher.
    This often is a signal that the stock you are watching is weak. Waiting for a turn higher may be more intelligent than trying to catch a falling knife. In any case, new support levels are usually revised to the database at the beginning of the next trading session.

  • Short ABC slightly under 142.85, target n/a, stop loss @ 143.26 Details
  • The technical summary data is suggesting a short of ABC as it gets near 142.85, but the downside target is not available from the current data. This tells us to hold that position if it is triggered until a new downside target has been established (updates occur at the beginning of every trading session) or until the position has been stopped. The summary data tells us to have a stop loss in place at 143.26. 142.85 is the first level of resistance above 135.33, and by rule, any test of resistance is a short signal. In this case, if resistance 142.85 is being tested, so a short signal would exist.

Swing Trading Plans for ABC

  • Buy ABC slightly slightly over 137.61, target 142.85, Stop Loss @ 137.21 Details
  • If 137.61 begins to break higher, the technical summary data tells us to buy ABC just slightly over 137.61, with an upside target of 142.85. The data also tells us to set a stop loss @ 137.21 in case the stock turns against the trade. 137.61 is the first level of resistance above 135.33, and by rule, any break above resistance is a buy signal. In this case, 137.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ABC slightly near 137.61, target 133.93, Stop Loss @ 138.01. Details
  • The technical summary data is suggesting a short of ABC if it tests 137.61 with a downside target of 133.93. We should have a stop loss in place at 138.01 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 137.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ABC

  • Buy ABC slightly slightly over 137.17, target 137.61, Stop Loss @ 136.85 Details
  • If 137.17 begins to break higher, the technical summary data tells us to buy ABC just slightly over 137.17, with an upside target of 137.61. The data also tells us to set a stop loss @ 136.85 in case the stock turns against the trade. 137.17 is the first level of resistance above 135.33, and by rule, any break above resistance is a buy signal. In this case, 137.17, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ABC slightly near 137.17, target 134.29, Stop Loss @ 137.49. Details
  • The technical summary data is suggesting a short of ABC if it tests 137.17 with a downside target of 134.29. We should have a stop loss in place at 137.49 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 137.17, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

ABC Ratings for October 02:

Term →Near Mid Long Rating Weak Weak Strong P1 0 0 142.85 P2 134.29 133.93 155.12 P3 137.17 137.61 168.42

Get Notified When our Ratings Change: Take a Trial

ABC Long Term Analysis for October 2 2022

ABC Swing Trading Analysis for October 2 2022

ABC Day Trading Analysis for October 2 2022

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to Index options, ETFs, and futures. The objective of this specific report is to optimize trading in Amerisourcebergen (NYSE: ABC) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ABC change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis. For example, if ABC is testing support buy signals surface, and resistance is the target. Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ABC too. All of these are offered below the Summary Table.

Source: https://news.stocktradersdaily.com/news_release/22/Amerisourcebergen+(ABC)+Trading+Report_100222084502.html

Autodesk (ADSK) Trading Report

Source: Stock Traders Daily

Longer Term Trading Plans for ADSK

  • Buy ADSK slightly slightly over 174.44 target 208.42 stop loss @ 173.94 Details
  • The technical summary data tells us to buy ADSK near 174.44 with an upside target of 208.42. This data also tells us to set a stop loss @ 173.94 to protect against excessive loss in case the stock begins to move against the trade. 174.44 is the first level of support below 186.8 , and by rule, any test of support is a buy signal. In this case, support 174.44 is being tested, a buy signal would exist.

  • Short ADSK slightly under 208.42, target 174.44, stop loss @ 209.02 Details
  • The technical summary data is suggesting a short of ADSK as it gets near 208.42 with a downside target of 174.44. We should have a stop loss in place at 209.02though. 208.42 is the first level of resistance above 186.8, and by rule, any test of resistance is a short signal. In this case, if resistance 208.42 is being tested, a short signal would exist.

Swing Trading Plans for ADSK

  • Buy ADSK slightly slightly over 186.82, target 208.42, Stop Loss @ 186.28 Details
  • If 186.82 begins to break higher, the technical summary data tells us to buy ADSK just slightly over 186.82, with an upside target of 208.42. The data also tells us to set a stop loss @ 186.28 in case the stock turns against the trade. 186.82 is the first level of resistance above 186.8, and by rule, any break above resistance is a buy signal. In this case, 186.82, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ADSK slightly near 186.82, target 176.96, Stop Loss @ 187.36. Details
  • The technical summary data is suggesting a short of ADSK if it tests 186.82 with a downside target of 176.96. We should have a stop loss in place at 187.36 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 186.82, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ADSK

  • Buy ADSK slightly slightly over 186.82, target 190.78, Stop Loss @ 186.38 Details
  • If 186.82 begins to break higher, the technical summary data tells us to buy ADSK just slightly over 186.82, with an upside target of 190.78. The data also tells us to set a stop loss @ 186.38 in case the stock turns against the trade. 186.82 is the first level of resistance above 186.8, and by rule, any break above resistance is a buy signal. In this case, 186.82, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short ADSK slightly near 186.82, target 182.99, Stop Loss @ 187.26. Details
  • The technical summary data is suggesting a short of ADSK if it tests 186.82 with a downside target of 182.99. We should have a stop loss in place at 187.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 186.82, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

ADSK Ratings for October 02:

Term →Near Mid Long Rating Weak Weak Weak P1 0 0 139.76 P2 182.99 176.96 174.44 P3 190.78 186.82 208.42

Get Notified When our Ratings Change: Take a Trial

ADSK Long Term Analysis for October 2 2022

ADSK Swing Trading Analysis for October 2 2022

ADSK Day Trading Analysis for October 2 2022

This report was produced using AI developed by Stock Traders Daily. Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to Index options, ETFs, and futures. The objective of this specific report is to optimize trading in Autodesk (NASDAQ: ADSK) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ADSK change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis. For example, if ADSK is testing support buy signals surface, and resistance is the target. Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ADSK too. All of these are offered below the Summary Table.

  • Buy ADSK slightly slightly over 186.82, target 208.42, Stop Loss @ 186.28 Details
  • Source: https://news.stocktradersdaily.com/news_release/83/Autodesk+(ADSK)+Trading+Report_100222034501.html

    Costco Faces Same Problem as Walmart, Target (But Has an Answer)

    Before the pandemic, the average person probably rarely thought of the “supply chain” or even knew what it was. If you wanted anything — from toilet paper to a big-screen television — you either went to a store or jumped on your computer and bought whatever you needed.

    Occasionally the exact thing you wanted was out, but having to buy a four-pack of paper towels instead of a two-pack hardly counts as adversity. Covid changed that as consumption patterns changed and retailers no longer knew exactly what to order. That caused both shortages and overages.

    Walmart (WMT) and Target (TGT) , for example, both ended up with too many televisions this summer. Those big items clogged their warehouses taking room from the Items the retailers actually think they will sell this holiday season. To fix that, both retailers have been selling off merchandise at big discounts.

    Costco (COST) has similar inventory problems, but it has a different solution that both members and shareholders should like.

    Costco Lead JS

    Costco Has a Different Approach to Inventory

    While Costco has hundreds of thousands fewer products that Walmart and Target, it’s not immune to inventory and supply chain problems. The chain had some seasonal inventory come in late, which CFO Richard Galanti talked about during the warehouse club’s fourth-quarter earnings call.

    “Well, first of all, without being too specific, there’s a decent chunk in there that I would call deep freeze from last year. My example I’ve used when talking to people is the Christmas trees that retail for $150 to $400. And they came in after Christmas or essentially after Christmas,” he said. “And the good news is, is that they don’t really change in style. And they’re now — and if you go to Costco, you’re going to see it on the floor.”

    And, while there was some cost associated with sitting on those items for nine months or so, the CFO pointed out a major positive.

    “And if you add in the cost of holding them and a little cost of interest, I think they’re still a little cheaper than the ones we added to the inventory this year. So in a perverse way, that one didn’t hurt us that much other than we don’t like to have extra inventory,” he said.

    Costco Added Inventory for the Holiday Season

    Costco’s overall inventory has climbed by 26%. That’s a mix of supply chain issues and the company adjusting its ordering due to potential problems.

    “There are some seasonal things that came in late,” Galanti said. “Probably a bigger piece of the delta is us building up inventory, particularly on big and bulky and fulfillment, both e-com fulfillment and big and bulky. The last part is early holiday. We did consciously bring in some stuff.”

    Galanti added that the warehouse club has added insight into its supply chain and knows how long expected delays are.

    “We bought stuff in consciously a little early. And then, as I mentioned, supply chain has improved a little,” he said,

    The warehouse club’s Christmas tree problem was not unique, however and it will be sitting on some other seasonal merchandise that it should be able to sell.

    “The other thing that’s increased a little bit, even some things like seasonal things like air conditioning and fans, which was — we had a very strong season, but there were some delays in getting that stuff in,” he said.

    Source: https://www.thestreet.com/investing/costco-faces-same-problem-as-walmart-target

    3 Cryptocurrencies to invest amidst Inflation: Big Eyes Coin, Bitcoin & BNB

    The rise in inflation has created a state of panic around the world. Inflation in 2022 is due to several factors, including the Covid 19 pandemic, the war in Ukraine, and supply shortages. So, how can you save yourself from inflation? Cryptocurrency could be the answer.

    Bitcoin (BTC) and BNB (BNB) are established cryptocurrencies that have methods to hedge against inflation. From having a limited supply to burning its currency, Bitcoin and BNB offer their users a haven from inflation. Big Eyes Coin (BIG) is a new cryptocurrency bringing utility to the meme coin sector. It has seen a dazzling presale thus far and could also save its users from inflation.

    An Ecosystem Of Utility – Big Eyes Coin

    Big Eyes Coin has developed an ecosystem that encompasses everything needed to succeed in cryptocurrency. From NFTs to regular charitable donations, Big Eyes Coin does it all! Once you step onto the Big Eyes Coin platform, you will see its dedicated charity wallet holding 5% of its tokens. It plans to donate these tokens to ocean conservation sanctuaries!

    Big Eyes Coin is for the community. To show its dedication to its community, Big Eyes Coin is making 70% of its tokens available to the public in its presale. The remaining 30% is split between a marketing wallet, a charity wallet, and exchanges.

    Additionally, Big Eyes Coin has a dynamic tax system for NFTs. There is a 10% tax on NFTs, with 5% going to BIG token holders, 4% to the original seller, and 1% to charity. The tax system for NFTs is a great way to make passive income on the Big Eyes Coin platform, which could help save you from inflation.

    Bitcoin’s Hedge Against Inflation

    Bitcoin has been commended as a hedge against inflation. It is mainly because of its limited supply and the fact that central authorities like banks can’t control it. Additionally, Bitcoin is extremely easy to access and is decentralised.

    Bitcoin is one of the most sought-after cryptocurrencies in the world. It catapulted cryptocurrency into the mainstream after its inception, increasing its desirability. When Bitcoin reaches its maximum supply of 21 million, the coin will become scarce, and demand will increase, meaning its value could hold over time.

    Bitcoin is currently experiencing a positive trend. At the time of writing, Bitcoin has increased in value by 7.20% in the past seven days, bringing its market capitalisation to an eye-watering $386 billion! Bitcoin is enjoying its time at the top of the crypto market, shielding its users from inflation and helping some make fortunes.

    BNB’s Quarterly Burns

    BNB prides itself on being a deflationary currency. It means it burns its tokens to maintain a stable value throughout the year. BNB hosts quarterly burns to reduce its supply until it hits its goal of 100 million BNB in circulation.

    If you’re new to crypto and you’re looking for ways to expand your knowledge before purchasing, you can with BNB! The vibrant platform allows you to take specialised courses to build your blockchain knowledge, giving you chance to earn free crypto from them as well!

    Like Bitcoin, BNB has experienced a positive trend in the past seven days. At the time of writing, BNB has risen by 5.93%. Its positive trend could continue in the future, making now an ideal time to purchase BNB before the next quarterly burn.

    Final Thoughts

    Bitcoin and BNB are considered to be two of the most successful cryptocurrencies in the market. Their hedge against inflation, their popularity, and their high return potential have helped them cement their place at the top of the crypto market.

    However, Big Eyes Coin has constructed an ecosystem that benefits its community and our environment. The sustainable meme coin has already raised $3 million in its presale, putting it on the radar of many crypto enthusiasts. If you’re looking for a coin that could potentially save you from inflation, look no further than Big Eyes Coin.

    For more information on Big Eyes Coin (BIG), please visit the following links:

    Presale: https://buy.bigeyes.space/

    Website: https://bigeyes.space/

    Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.

    The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.

    Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the views, opinions, announcements, declarations, affirmations etc., stated/featured in same. The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Hindustan Times of being absolved from any/ all potential legal action, or enforceable claims. The content may be for information and awareness purposes and does not constitute a financial advice.

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    Additionally, Big Eyes Coin has a dynamic tax system for NFTs. There is a 10% tax on NFTs, with 5% going to BIG token holders, 4% to the original seller, and 1% to charity. The tax system for NFTs is a great way to make passive income on the Big Eyes Coin platform, which could help save you from inflation.

    Source: https://www.livemint.com/brand-stories/3-cryptocurrencies-to-invest-amidst-inflation-big-eyes-coin-bitcoin-bnb-11664540075497.html

    CHREMACOIN (CRMC) Is Now Available for Trading on LBank Exchange

    INTERNET CITY, DUBAI, Sep. 29, 2022 – LBank Exchange, a global digital asset trading platform, has listed CHREMACOIN (CRMC) on September 29, 2022. For all users of LBank Exchange, the CRMC/USDT trading pair is now officially available for trading.

    Utilizing the power of blockchain technology, CHREMA provides a new type of metaverse platform for digital gold distribution service. Its native token CHREMACOIN (CRMC) has been listed on LBank Exchange at 7:00 UTC on September 29, 2022, to further expand its global reach and help it achieve its vision.

    Introducing CHREMA

    CRMC PTE.LTD is headquartered in Singapore. It cooperates with a Korean-based gold mining company in mining and refining work and creates revenue by distributing and selling the refined gold. The revenue goes to producing the blockchain-based CHREMA world ecosystem (metaverse platform) where the platform users are eligible to receive a portion of the profits.

    Unlike other blockchain platforms in the market, CHREMA platform engages itself with an actual gold mine business to establish a practical blockchain platform that can be used right away on a digital gold trading platform. It integrates the blockchain and gold trading business together, delivering advanced blockchain-based NFT shopping service.

    This project provides a unique system for gold mining within the CHREMA world metaverse and also a P2P market where users can sell and buy gold mining equipment, the CHREMA gold NFT. In the CHREMA world, users can start mining using CHREMA gold NFTs and finally acquire CHREMA gold. The mined CHREMA gold can be used online smart gold trading market and in the metaverse.

    Furthermore, the CHREMA gold acquired by mining can also be exchanged for actual physical gold. CRMC PTE.LTD is an actual operator of the refined gold distribution business that has entered into a business agreement with a gold mine development company. The revenue from this business becomes a financial resource for exchanging CHREMA gold earned from the metaverse for actual physical gold.

    The CHREMA gold trading platform will support non-face-to-face mobile gold trading based on the blockchain digital asset and provide a one-stop service about gold from refining to distribution. In addition, there’s also CHREMA wallet that underpins various aspects of the CHREMA world ecosystem, from storing digital assets such as different types of cryptocurrency and NFTs to sending and receiving them in a safe way. The CHREMA wallet users can conveniently use blockchain-based services of CHREMA ecosystem.

    About CRMC Token

    CHREMACOIN (CRMC) is the native token of CHREMA ecosystem. It is essential for users to join mining in the CHREMA metaverse platform and contributes to establishing a fair rewarding system based on the value of the users’ dedication to the CHREMA metaverse platform ecosystem through mining. No users can start mining without a CRMC token.

    Based on ERC-20, CRMC has a total supply of 50 million (i.e. 50,000,000) tokens, of which 60% is provided for token sale, 5% will be used for marketing, 15% is allocated for control and reserve, 10% is provided for alliance (partnership), and the remaining 10% is allocated to the team.

    The CRMC token has been listed on LBank Exchange at 7:00 UTC on September 29, 2022, investors who are interested in the CHREMA investment can easily buy and sell CRMC token on LBank Exchange right now. The listing of CRMC token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

    Learn More about CRMC Token:

    Official Website: https://www.chrema.net/en
    Telegram: https://t.me/chremacoin
    Twitter: https://twitter.com/chremacoin
    Facebook: https://www.facebook.com/profile.php?id=100083615715119
    Medium: https://medium.com/@rich_cornsilk_cricket_803

    About LBank

    LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

    Start Trading Now: lbank.info

    Community & Social Media:

    l Telegram
    l Twitter
    l Facebook
    l LinkedIn
    l Instagram
    l YouTube

    Contact Details:

    LBK Blockchain Co. Limited
    LBank Exchange
    marketing@lbank.info
    business@lbank.info

    CRMC PTE.LTD is headquartered in Singapore. It cooperates with a Korean-based gold mining company in mining and refining work and creates revenue by distributing and selling the refined gold. The revenue goes to producing the blockchain-based CHREMA world ecosystem (metaverse platform) where the platform users are eligible to receive a portion of the profits.

    Source: https://www.livebitcoinnews.com/chremacoin-crmc-is-now-available-for-trading-on-lbank-exchange/

    Here’s Why O2Micro Shares Are Trading Higher Today – O2Micro Intl (NASDAQ:OIIM)

    • O2Micro International Limited OIIM agreed to merge with FNOF Precious Honour Limited subsidiary Rim Peak Technology Limited, becoming an FNOF subsidiary.
    • The transaction implied an equity value of the company of $145.9 million.
    • The company will become a subsidiary of Right Dynamic Investment Limited (Holdco), owned by Sterling Du, the CEO and the Chair of the Board, and Perry Kuo, CFO, and director, as well as FNOF Dynamic Holdings and certain rollover shareholders.
    • Under the agreement, each ADS of the company, representing fifty ordinary shares, will be exchanged for the right to receive $5.00 in cash per ADS without interest.
    • The merger consideration represents a premium of 68.9% to the closing price of the ADSs on September 19, before the company announced its receipt of the revised preliminary non-binding proposal letter.
    • The company will become a privately held company, and its ADSs will cease to list on the NASDAQ.
    • In July, O2Micro reported a second-quarter FY22 revenue decline of 15.8% year-on-year to $22.1 million, beating the consensus of $21.63 million. Earnings per ADS were $0.02, in line with the consensus.
    • O2Micro’s Q3 revenue forecast stood at $17 million – $19 million, below the consensus of $26.23 million.
    • Price Action: OIIM shares traded higher by 21.5% at $3.95 on the last check Friday.

    © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • The merger consideration represents a premium of 68.9% to the closing price of the ADSs on September 19, before the company announced its receipt of the revised preliminary non-binding proposal letter.
  • Source: https://www.benzinga.com/news/22/09/29096047/heres-why-o2micro-shares-are-trading-higher-today

    Crypto Market Daily Highlights – XRP Leads on SEC v Ripple Ruling

    Key Insights:

    • It was a mixed Thursday for the crypto top ten, with XRP leading the way.
    • The crypto market decoupled from the NASDAQ 100, which tumbled by 2.84%, as demand for cryptos picked up amidst the increased volatility across the FX and Equity markets.
    • Another bullish session for the broader crypto market reduced the market cap deficit for September to $47 billion.

    It was a mixed Thursday session for the crypto top ten. XRP enjoyed a breakout session, while ETH saw red. Despite a bullish session, BTC fell short of $20,000 for the tenth time in eleven sessions.

    Updates from the SEC v Ripple case delivered an XRP price breakout and supported the broader crypto market.

    Following last week’s decoupling from the NASDAQ 100, the crypto market decoupled again on Thursday. Heightened uncertainty over the economic outlook, fueled by the central bank and government policy, has also delivered crypto support.

    On Thursday, the NASDAQ 100 slid by 2.84%, with the Dow and the S&P500 seeing losses of 1.54% and 2.11%, respectively. While the crypto market decoupled from the US markets on Thursday, US inflation numbers could test investor resilience later today.

    Total Market Cap – NASDAQ – 300922 5 Minute ChartCrypto Market Bounces Back in Risk-On US Session

    On Thursday, the crypto market cap rose to an early high of $917.8 billion before falling to an early afternoon low of $878.7 billion. However, finding support through the afternoon, the crypto market bounced back to end the day at $911.4 billion, up $7.4 billion for the session.

    The bullish Thursday session reduced the September deficit to $47 billion.

    Total Market Cap 300922 Daily Chart

    The Crypto Market Movers and Shakers from the Top Ten and Beyond

    It was a mixed Thursday session for the crypto top ten.

    XRP rallied by 8.49% to lead the way, with SOL rising by 2.11%.

    ADA (+0.46%), BNB (+0.96%), BTC (+0.88%), and DOGE (+0.64%) also avoided the red, while ETH bucked the trend, falling by 0.07%.

    From the CoinMarketCap top 100, it was a mixed session.

    XRP and Stellar’s Lumen (XLM) led the way, with gains of 8.49% and 6.81%, respectively. EOS (EOS) was also among the front runners, rising by 5.07%.

    At the other end of the table, Helium (HNT) led the way down with a 3.71% loss, with STEPN (GMT) and Reserve Rights (RSR) seeing losses of 3.26% and 2.69%, respectively.

    24-HourCrypto Liquidations Ease Back as Risk Aversion Subsides

    Over 24 hours, total liquidations fell back during the Thursday session, supported by the decoupling from the NASDAQ 100. At the time of writing, 24-hour liquidations stood at $91.62 million, down from $124.53 million on Thursday morning.

    Liquidated traders over the last 24 hours also declined. At the time of writing, liquidated traders stood at 28,061 versus 44,964 on Thursday morning. Liquidations were down over four hours and the final hour of the day (UTC) while up over 12 hours.

    Total Crypto Liquidations 300922

    According to Coinglass, 12-hour liquidations stood at $70.50 million, up from $56.39 million on Thursday morning. However, four-hour liquidations were down from $14.28 million to $10.46 million, with one-hour liquidations down from $3.06 million to $1.97 million.

    The chart below shows market conditions throughout the session.

    Updates from the SEC v Ripple case delivered an XRP price breakout and supported the broader crypto market.

    Source: https://www.fxempire.com/forecasts/article/crypto-market-daily-highlights-xrp-leads-on-sec-v-ripple-ruling-1145169