Fxn Capital Limited., Latsia (2026)

01/11/2023

Helloeveryone, We would like to inform you that we have scheduled server maintenance for [Software Service Upgrade] on [01/11/2023] to [03/11/2023] This maintenance is essential to ensure the continued performance, reliability, and security of our systems.
We’re performing a database upgrade in order to increase:

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We'll be back.

31/10/2023

Here's to a Halloween filled with cobwebs of fun and a cauldron full of laughter. Have a wickedly good time!
Wishing you a Halloween that's so epic, it will be a legend told by the campfire for generations to come.

21/09/2023

Ethereum's price surpasses $2,000 following Shapella upgrades
Ethereum's price surpasses $2,000 following Shapella upgrades

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Ethereum's price surpasses $2,000 following Shapella upgrades
The price of Ethereum (ETH) has surpassed the psychological threshold of $2,000, following the implementation of the Shanghai and Capella upgrades, collectively known as Shapella. The upgrades have allowed for ETH unstaking for the first time since its introduction in December 2020, according to reports on Wednesday.

In an attempt to predict future movements, some cryptocurrency traders are using BlockchainCenter's rainbow price chart for Ethereum. The chart currently suggests that Ethereum is in the 'Fire Sale' phase, which ranges between $0 and $2,320, with efforts being made to break upwards into the 'Undervalued' zone (blue), which stands between $2,320 and $3,282.

Historical movements suggest that Ethereum could potentially surpass $21,231 by August 2023 under the most bullish scenario. However, it's important to note that the crypto sector is highly volatile and can be influenced by a variety of external factors beyond chart patterns.

On Wednesday, Ethereum was trading at a low against Bitcoin (BTC) in the ongoing bear market. According to recent TradingView data, the ETH/BTC trading pair had dropped to a low of 0.059 BTC. This is a stark contrast from its peak of 0.088 BTC in December 2021.

Despite numerous instances when Ethereum came close to surpassing Bitcoin in market capitalization—a phenomenon known as "flippening"—the digital currency has not managed to achieve this milestone yet. During bullish phases, Ethereum has shown potential to catch up with Bitcoin due to its smart contract capabilities and the rise of decentralized finance (DeFi). However, in the current bear market, Ethereum appears to be losing ground once again.

CoinGecko's latest data shows a Bitcoin market cap of approximately $525.9 billion, with a price of $26,979. Meanwhile, Ethereum trails with a market cap of about $194.4 billion and a price of $1,617.48. In the last week, Bitcoin saw a moderate growth of 3.2%, whereas Ethereum showed a less impressive growth of 1.1%.

As things stand, Ethereum is currently changing hands at the price of $2,104.50, which demonstrates an increase of 0.56% on the day, adding up to the positive weekly change of 10.19% and an 18.94% gain in the last month.

02/09/2023

The bullish momentum that propelled Bitcoin to a 56.4% year-to-date gain has all but vanished, as the Bitcoin price lost 13% to close out the month of August. Bitcoin's price seemingly had bullish momentum after the Grayscale court victory against the United States Securities and Exchange Commission (SEC), but these gains have evaporated.

The contraction in Bitcoin's
BTC

tickers down
$25,865

price has some analysts comparing the current BTC market to the pre-bull market cycle of 2015-2017.

BTC/USD 1-day price. Source: TradingView
Let’s take a closer look at the factors impacting the Bitcoin price today.

Bitcoin investor sentiment stalls
The start of 2023 saw traders with short positions continually dominating liquidations in the futures market. Bulls were caught off guard on Aug. 17 when over $213.5 million of longs were liquidated. This marked the largest single day of Bitcoin long liquidations since the Terra Luna collapse in May 2022.

Long liquidations continued to close out August with $41.7 million liquidated in the 24 hours proceeding Sept. 1.

27/06/2023

After a failed rally above $31,000 on June 23, Bitcoin (BTC) has sustained the $30,300 resistance for the past three days. Curiously, this happened while gold reached its lowest level in three months, trading at $1,910 on June 22, down from a $2,050 peak in early May.

Investors now question how solid Bitcoin’s $30,000 support is. So analyzing what caused the recent price rally is essential to understanding how traders are positioned on BTC margin and futures markets.

07/05/2023

Bitcoin price may see “inexorable breakout”
BTC price action currently impacts sentiment in different ways across various timeframes. While observers are unsure about short-term moves, the consensus remains that Bitcoin’s upside mainly lies ahead as the block subsidy halving approaches.

When tracking what comes next, however, it may be enough to look at past halving cycles, specifically, volatility.

As Titan of Crypto notes, Bollinger Bands on monthly timeframes are setting up a repeat of a breakout event that has occurred only once in each cycle.

In the two previous instances shown on an accompanying chart from 2016 and 2019, BTC/USD broke through into the upper section of the Bollinger Band channel to see significant gains.

Bollinger Bands are a key volatility indicator across price timeframes. They revolve around a 20-period simple moving average (SMA) functioning as a midline, with two standard deviations above and below representing the channel.

These bands expand and contract with volatility and certain events: among them, the price coming into contact with the bands or even breaking beyond them is often considered important by traders.

Currently, the one-month BTC/USD chart shows the price attempting to break above the SMA line, which, if confirmed, would suggest a classic repeat of past bull runs.

24/04/2023

Wallets Earn $1M Profit by Investing $385 in PEPE: Analytics Platform
Lookonchain found five wallets that made almost $1.23 million trading PEPE.
The addresses are related to the PEPE meme coin team wallets.
PEPE has a market share of $113 million and a trading volume exceeding $37 million.
The popular market tracker Lookonchain has uncovered several addresses related to the wallet of the PEPE meme coin team, pepecexwallet.eth, that have made a significant profit by buying and selling PEPE tokens lately.

It revealed that five addresses bought 8.87 trillion PEPE at a low price of 0.19 ETH, which amounted to approximately $385. However, they sold 7.76 trillion PEPE for a whopping $1.23 million on a decentralized exchange, making a profit of nearly $1.23 million, a staggering 3,200x return on investment.

1/ We found that 5 addresses related to pepecexwallet.eth bought 8.87T $PEPE at a low price, and the cost was ~0.19 $ETH ($385).Then sold 7.76T $PEPE for $1.23M on , made nearly $1.23M (3,200x)! pic.twitter.com/hIvTJX6UTK
— Lookonchain () April 24, 2023

Lookonchain gave a breakdown of how the identified wallets made multiple purchases of the meme coin to amass an extraordinary profit. In the first transaction, the wallet with the address “0xAd10” used 0.0195 units of ETH worth $39.3 to purchase 2.44 trillion PEPE. The wallet then transferred the purchased PEPE to another with the address “0x9807”.

In the second transaction, the wallet with the address “0x9807” used 0.11 units of a different crypto called WETH, worth $230.84, to purchase 0.06 trillion PEPE. The wallet then transferred its PEPE to another with the address “0x7607”.

In the final transaction, the wallet with the address “0x7607” used $35 ETH to purchase 1.77 trillion units of PEPE and sold all, which amounted to 4.26 trillion units, for $726,218. The transaction histories are verifiable on Debank, a popular platform that allows users to track and analyze market data.

Notably, PEPE is a new meme coin launched in mid-April 2023, with a circulating supply of 420 trillion tokens and a market share of $113 million.

The post Wallets Earn $1M Profit by Investing $385 in PEPE: Analytics Platform appeared first on Coin Edition.

07/04/2023

Smaller investors can have outsized impact on crypto investment markets: BIS study
Researchers looking at the “crypto carry” rate between spot and futures markets and its causes came to conclusions about crypto market booms and busts and how they happen.

Smaller investors can have outsized impact on crypto investment markets: BIS studyNEWS
Collect this article as an NFT

The Bank for International Settlements (BIS) has released a working paper examining “crypto carry” — the differences between Bitcoin
BTC

spot and futures prices — and its effect on crypto investment markets. The complex paper sheds light on the behavior of crypto investors, particularly smaller investors, in relation to boom and bust cycles.

06/03/2023

BTC price ‘in the chop zone’ — 5 things to know in Bitcoin this week
BTC price keeps traders and analysts in the dark as a week of macro triggers dawns while Bitcoin network fundamentals head toward new all-time highs.

BTC price ‘in the chop zone’ — 5 things to know in Bitcoin this weekMARKETS NEWS
Collect this article as an NFT

Bitcoin
BTC

tickers down
$22,473

starts a new week with consolidation in the air amid some of the least volatile conditions ever.

Despite losing 5% in an hour last week, Bitcoin’s subsequent lack of volatility is on every trader’s mind.

The question is whether that will change in the coming days.

There are plenty of potential catalysts, from macroeconomic data to exchange setups and more, but which will win out — and in which direction it will send BTC price — remains to be seen.

Behind the scenes, it remains business as usual for Bitcoin network fundamentals, with miners preserving their newfound buoyancy and ready for new all-time highs in difficulty.

Unionreturns takes a look at these major market-moving factors and summarizes opinions as to how they might shape BTC price action this week.

Bitcoin price stays paralyzed after weekly close
While anything can and does happen in Bitcoin, the weekend was marked by one word only when it comes to BTC price action — boring.

After flash volatility on March 3 due to a combination of Silvergate Bank concerns and exchange margin calls, BTC/USD has remained eerily quiet.

Data from unionreturns Markets Pro and TradingView proves the point, with spot price moving within a barely perceptible range ever since.

Bulls nonetheless failed to recover much of the lost ground, leading Bitcoin to finish the week down around 5.1% on Bitstamp.

25/12/2022

Tis the season to be jolly and joyful! Spread the good cheer with Merry Christmas love,

Merry Christmas, May the joy of the season linger in your heart all the New Year.
From our family to yours, have a wonderful season of celebrations! Merry Christmas from UNIONRETURNS,
Peace and love to you at this holiday season and in all the seasons of the year to come. Merry Christmas.

03/11/2022

Feels Better with upgraded new software.

15/09/2022

After years of waiting, Ethereum has finally completed its historic merge event and has successfully migrated from Proof of Work (PoW) into a Proof-of-Stake (PoS) consensus mechanism.

The Ethereum Merge Is Done

At 2:45 AM EST, Ethereum became a Proof-of-Stake network shortly after reaching the “terminal total difficulty” of 58750000000000000000000. Ethereum’s transition to PoS went off without a hitch, quelling fears in the crypto community.
In the first two epochs (12 minutes and 48 seconds) that it took the Ethereum network to reach finality, the network missed just one block. This was a significant feat, considering the level of difficulty of the merge.

As Ethereum transitioned, major crypto exchanges including Binance, FTX, Coinbase, and Kraken temporarily paused trading for Ethereum (ETH) and Ethereum-related tokens as a precautionary measure.
Since the announcement of the successful merge, the price of ETH managed to break out of its bearish cycle, and now trades above $1,600, albeit not up to the expectations from bullish investors.

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