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Former stockbroker Jordan Belfort, famously known as the ‘Wolf of Wall Street,’ has shared insights into how individuals can make money on Wall Street without resorting to high-risk maneuvers.  Contrary to common beliefs, Belfort advocates for a patient and disciplined approach rather than pursuing quick riches, he said during an interview with Tucker Carlson on December 30.  To begin with, Belfort addressed a common misconception among aspiring investors regarding the notion that a small initial investment necessitates a grand slam to turn into substantial wealth. “The mistake that the average person makes is that when you don’t have that much money to start, let’s just choose a number, let’s say just $10,000. <…> You say to yourself, if I’m going to really get anywhere as an investor, I need to make a big hit, like to turn that into a million bucks. I’ve got to find the next Apple computer, the next crazy crypto token. <…> Which leads you to engage in wild speculat

The realm of cryptocurrencies is consistently filled with speculation and enthusiasm, and Shiba Inu (SHIB) is no stranger to this dynamic environment. At the most recent update, SHIB holds a value of $0.00001056, indicating a slight 1.50% decrease in the past 24 hours. Nevertheless, the broader trend conveys an optimistic outlook, as the meme coin exhibits a noteworthy surge of 26.65% over the last 30 days. Investors and enthusiasts are closely monitoring these developments, paying meticulous attention to recent whale activities in the hopes of deciphering the coin’s future trajectory. Present Situation Despite the recent downturn, the overall sentiment surrounding Shiba Inu remains positive. The performance over the past 30 days illustrates a consistent upward trajectory, capturing the interest of both seasoned investors and newcomers to the crypto space. The prevalent question centers around whether these favorable trends will persist into January 2024, potentially laying the gro

Crypto hacking group “Pink Drainer” steals 275,700 LINK tokens, valued at $4.42 million, through a phishing attack. The victim clicked on a phishing link, deceived into signing an “Increase Approval” transaction. Pink Drainer’s year-long spree includes $18.6 million stolen from over 9,000 victims, with a record theft of $1.38 billion on July 19, 2023. The notorious crypto hacking group known as “Pink Drainer” has left another victim in its wake, stealing a staggering $4.42 million in Chainlink (LINK). The victim, who fell prey to a sophisticated phishing attack, was drained of a total of 275,700 LINK tokens in two swift transactions. On-chain analyst Lookonchain reported the incident, citing that the victim, whose identity remains confidential, inadvertently clicked on a phishing link. Deceived into signing an “Increase Approval” transaction, the investor watched helplessly as 275,700 LINK, valued at $4.42 million, was siphoned off by malicious actors. What

One decentralized exchange (DEX) platform is skyrocketing as its community shows overwhelming support for its proposed supply cut of tokens. In a new proposal, over 97% of the community members of decentralized crypto exchange PancakeSwap (CAKE) voted to lower the digital asset’s token supply to a maximum cap of 450 million. “Now that CAKE has achieved consistent deflation for several months and is focusing on accelerating our journey to ultrasound CAKE, this proposal aims to reduce the CAKE token’s total supply to a maximum cap of 450 million CAKE. With a current total supply of 388 million CAKE, the Kitchen believes this new and lower cap will be sufficient to gain market share across all chains and sustain the veCAKE model.” According to the protocol, the supply cut will shift Pancake Swap away from being an inflationary model while still preserving its future growth. “Total supply is an important metric when understanding the impact of token burns and futur

MicroStrategy shares have risen 320% in 2023, but according to one researcher a slow down could be imminent. The price of MicroStrategy shares could fall by 20% or more according to experts at 10x Research. In their opinion, the position is overvalued by 26% based on conclusions they gleaned from a regression model that allows one to trace the correlation between MicroStrategy and Bitcoin (BTC). Stock of Bitcoin's Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says. Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research. https://t.co/fOyBbJGJCL@godbole17 @thielen10x… — 10x Research (@10x_Research) December 28, 2023 Since the start of 2023, MicroStrategy’s stock price has risen from $141 to $670.71. In the last month alone, MicroStrategy’s stock price has increased by more than 32%. Over the year, the increase was 319.19%, according to TradingView. Source: TradingVi

According to crypto Analysis firm LookonChain, a trader has made over $5.7 million with just 30 Solana (SOL) tokens worth around $2,220. The return on investment (RoI) for this trade is a whopping 2570x. According to LookonChain, the trader spotted a Solana -based coin called $ANALOS one minute after it was open for trading. The trader spent 30 SOL and purchased 16 billion $ANALOS tokens. After prices spiked, the trader sold 14.5 billion $ANALOS tokens for 3.5 million USDC via multiple addresses over six days. The trader still has 1.56 billion tokens in four different wallets worth around $2.34 million. Also Read: Solana New Year Price Prediction: How High Can SOL Go? In just 6 days, this trader made more than $5.7M with only 30 $SOL($2,220)!😱 A gain of over 2570x! He spotted $ANALOS 1 minute after it opened trading and spent 30 $SOL($2,220) to buy 16B $ANALOS. Then he sold 14.5B $ANALOS for 3.45M $USDC via multiple addresses over the past… pic.twitter.com/jD17YOD5hJ —

RepubliK is a SocialFi platform for the creator economy in Web3, powered by native token RPK. The platform has integrated with Fireblocks, an institutional-graded blockchain infrastructure provider. RepubliK will tap into Fireblocks’ technology to bolster its security. SocialFi platform RepubliK is now integrated with Fireblocks, a digital asset management platform whose infrastructure has been used by BNY Mellon, ANZ Bank and Six Digital Exchange, and ABN Ambro among other firms. The two platforms announced the integration via a press release shared with CoinJournal on Wednesday. They highlight the partnership as the first for any social media platform. Eye on Web3 security Fireblocks provides institutional-grade infrastructure for clients looking to create and deploy blockchain-based products. The platform also provides for secure management and storage of digital assets.  This partnership with RepubliK will see the SocialFi platform ’s users benefit

Despite increased volatility in recent weeks, the gold price has been predicted to stay above $2000 throughout 2024. Indeed, economists have pointed to geopolitical and economic circumstances as driving factors to the metal’s continued ascension. Subsequently, interest rate cuts planned for next year could keep it elevated above the $2000 level. Earlier this month gold made waves by reaching a new all-time high. Specifically, the asset exceeded the $2150 price in the middle of December. Although it has since retreated amid a price correction, the asset is projected to still be highly valuable next year. Source: Unsplash Also Read: Gold Price Forecast Upgraded to $2200 in 2024 Experts Say Gold Price Should Stay Above $2000 Through Next Year This year has seen a host of investment options break through into greater ascension. The digital asset sector has blossomed as a Spot Bitcoin ETF is nearing approval. Moreover, the value of gold has reached new heights as the US econo

This year permanently changed the cryptocurrency ecosystem as it grappled with last year’s collapse of FTX, Alameda Research, BlockFi, Voyager, Celsius, Babel Finance, Three Arrows Capital, and more. While still reeling this year, we also saw important cases against Sam Bankman-Fried, Alex Mashinsky, Do Kwon, Changpeng Zhao, and Binance. The reverberations of these events permanently altered the industry. Here’s a review of how top stablecoins like Tether, Circle, and TrueUSD have fared in 2023. Tether Tether took on an even more dominant position in the stablecoin ecosystem in 2023. Despite years of criticism aimed at management, Tether has continued to grow. Its market cap increased by approximately $24 billion, or more than 35%. Tether has been able to take advantage of the higher rate environment to improve its claimed financial position. The firm’s stated excess reserves increased from around $1 billion at the end of last year to about $3 billion at its latest assurance. 

Dogecoin gains traction as Binance diversifies margin pairs. Binance’s strategy evolves with major cryptos in the margin trading lineup. By widening crypto options, Binance adds DOGE, ADA, and AVAX to margin trading. Binance, the world’s leading crypto exchange, has expanded its margin trading options to include several major cryptocurrencies, including the popular meme coin, Dogecoin (DOGE). This development, announced on December 25, is part of Binance’s ongoing efforts to diversify its offerings and meet the growing demand for varied trading strategies. Alongside DOGE, other prominent cryptos like Cardano (ADA), Avalanche (AVAX), Chainlink (LINK), and Polygon (MATIC) have been added to the platform’s margin trading pairs. Binance’s latest addition of margin trading pairs signifies a strategic move to enhance liquidity and provide traders with more options. The newly listed pairs include ADA/FDUSD, AVAX/FDUSD, DOGE/FDUSD, LINK/FDUSD, and MATIC/FDUSD. Th

Following the Central Bank of Nigeria’s reversal of the cryptocurrency transaction ban for banks, Yellow Card Exchange, a Pan-African crypto trading platform, is actively seeking licensing in the nation. Yellow Card to expand operations in Nigeria  Yellow Card Exchange, driven by its mission to dominate the African market, is actively exploring strategies to capitalize on the first-mover advantage through the pursuit of licensing . While being a key player in Africa, delivering experiences akin to Jack Dorsey’s Cash App, Yellow Card has faced limitations in Nigeria due to regulatory uncertainties. This scenario is set to shift, as affirmed by Ogochukwu Umeokafor, the exchange’s Director of Product Management. In a phone interview with Bloomberg, Ogochukwu stated: “You’ve waited for something and it has come true, and we’ll jump on it immediately. We want a regulated environment because it’ll help the business move; it will help people have more confidence in doing business with

Spotting the next best upcoming ICO before it skyrockets can be the key to transforming modest investments into substantial gains. As we gear up for the crypto rollercoaster of 2024, Galaxy Fox emerges as a frontrunner, blending the captivating allure of memecoins with the groundbreaking potential of play-to-earn tokens. Galaxy Fox presale hits $1.5M milestone Galaxy Fox has proven to be a beacon of success in a crypto market that often feels like navigating uncharted territories. Galaxy Fox has reached a milestone of $1.5 million in its presale! At the time of writing, the presale is in Stage 5, with $GFOX priced at $0.001518. With $1 million raised in a month and more than 1.6 billion tokens circulating among early investors, the momentum for this best cheap crypto to buy right now is undeniable, setting the stage for even greater heights with the next stage approaching. Galaxy Fox’s unique proposition Galaxy Fox stands out as a meme coin with a purpose

BitMEX co-founder Arthur Hayes is predicting Ethereum (ETH) could soon reach a new all-time high (ATH). Hayes tells his 424,600 followers on the social media platform X that he believes Ethereum will soar more than 100% from its current value and outperform ETH competitor Solana (SOL). “Fam, I have a confession to make. I received a message from the Lord while meditating. He said dump that Sam coin and profess your love for Archangel Vitalik. So I dumped SOL and bought more ETH. ETH = $5,000.” Ethereum is trading for $2,332 at time of writing, up 4.7% in the last 24 hours. Hayes makes it clear he is rooting for Solana to continue to dip against Ethereum (SOL/ETH). “Get Down!!!! ETH = $5,000.” Source: Arthur Hayes/X SOL/ETH is trading for 0.04100 ETH ($95.63) at time of writing. Hayes also shares his thoughts on the possible approval of spot Bitcoin (BTC) exchange-traded funds (ETFs), including the differences between a so-called cash redemption model versu

China’s major lender has concluded the cross-border settlement for precious metals trading with digital yuan. The Bank of China is set to expand the application of the country’s digital currency as the Beijing-based commercial bank has completed the first cross-border settlement for precious metals trading with digital yuan, the South China Morning Post reports. The Shanghai branch of the state-owned bank has reportedly conducted the settlement, transferring 100 million yuan (around $14 million) in cash from an overseas buyer and depositing the funds as digital yuan into an account under the Shanghai Gold Exchange. The transaction is also said to involve collaboration with the bank’s Hong Kong branch. The Bank of China has a history of engaging in pilot projects involving the country’s central bank digital currency (CBDC), actively participating in various digital transaction s. You might also like: Standard Chartered China provides digital yuan exchange services The ba

Blockdaemon will integrate the cross-chain messaging capabilities of LayerZero into its self-custodial wallet. The partnership further enhances LayerZero’s security, Ryan Zarick, CTO of LayerZero Labs said. Blockchain infrastructure firm Blockdaemon is partnering with LayerZero Labs, the developer behind omnichain interoperability protocol LayerZero, to add cross-chain capabilities to its self -custodial wallet . Blockdaemon to also operate a DVN on LayerZero According to an announcement, the partnership with LayerZero Labs also sees Blockdaemon become the blockchain messaging protocol’s infrastructure provider. Blockdaemon will also operate a Decentralized Verifier Network (DVN) on LayerZero. Other entities that will run DVNs include Animoca Brands, Google Cloud and Gitcoin. 5/ At launch, DVNs will be run by a wide variety of entities:@MIM_Spell @animocabrands @BlockdaemonHQ @delegatedotxyz @gitcoin @GoogleCloudTech @NethermindEth @P2Pvalidator @Poly

The UK’s Supreme Court ruled that AI cannot be considered a patent inventor. Stephen Thaler filed an appeal to recognize his AI, DABUS, as the patent creator of a food container and a flashing light beacon. The court rejected the appeal claiming that an inventor should always be a “natural person”. The Supreme Court of the United Kingdom has ruled that AI cannot be considered a “patent inventor.” According to a report by Reuters, five judges from the Supreme Court confirmed that an “inventor” must be a person, asserting that AI can never be an inventor with patent rights. The case in question began in 2018, when Stephen Thaler, a computer scientist, sought legal recognition for his AI model, dubbed DABUS, as the patent creator of a food container and a flashing light beacon. However, in 2019, the intellectual property office (IPO) denied the request, claiming that only a human being can be a patent creator. IPO’s decision was also supported by the High Court

Cryptocurrency-based investment firm Hashdex has released a new commercial for its proposed Spot Bitcoin ETF. The firm is one of the leading firms of its kind pushing forward crypto innovation and the approval of Bitcoin ETFs in the US.  JUST IN: Hashdex releases new Spot #Bitcoin ETF commercial. pic.twitter.com/HOocAic7Am — Watcher.Guru (@WatcherGuru) December 20, 2023 The commercial Features a construction dump truck driving into a barren dirt land. Text pops up in the middle of the screen, saying “Stocks aren’t crypto.” It also points out that fixed income and precious metals aren’t crypto either.  The advertisement appeals directly to Bitcoin investors. Hashdex is one of many asset management firms looking to secure a Spot Bitcoin ETF to make banking with crypto easier for its clients. The SEC has long pushed back its decision on Bitcoin ETF approval in the US, citing multiple concerns. However, US courts have put pressure on the regulator to make a decisio

With 2023 already at its sunset and 2024 rapidly approaching, it is time to look back at how the cryptocurrency market as a whole performed, focusing on its biggest winners or those assets that recorded the best results, and its biggest losers or its worst performers, in the year that is almost over. Interestingly, the cryptocurrency industry’s best performers have registered massive price gains in 2023, ranging from around 1,000% to over 3,000%, whereas its poorest participants only lost two-figure percentages since the year’s turn, indicating that things were overall positive for this sector in general. Injective (INJ): +3,272% Specifically, leading the gains in a convincing first place is Injective (INJ), which has increased its value by a whopping 3,272% this year alone and is currently changing hands at the price of $42.37, which also indicates a 74.83% advance across the past week and an increase of 147.09% over the month. Injective year-to-date (YTD) price chart. Source: Fi