Mediaboss Marketing

CRMClick.io, a burgeoning crypto exchange, highlights a trend toward innovative trading solutions in this dynamic market.

CALIFORNIA CITY, CA / ACCESSWIRE / May 10, 2024 / In the ever-evolving crypto landscape, CRMClick.io offers seamless trading solutions that lead to a new era of crypto trading platforms. CRMClick.io is an emerging platform with the tools to facilitate efficient and user-friendly trading experiences. The platform offers a seamless interface for executing trades, which is imperative for leveraging opportunities in the fast-paced crypto market.

As a newer player, CRMClick.io has started to make its mark by offering a streamlined trading experience. It provides users with real-time analytics and trading tools essential for making informed decisions quickly. The platform aims to cater to novice traders and experienced investors by ensuring ease of use and access to comprehensive market data.

In addition, security remains a primary concern in the cryptocurrency world. CRMClick.io addresses these concerns by incorporating advanced security protocols to safeguard user assets and information. The commitment to creating a secure trading environment helps build trust and reliability among its user base.

CRMClick.io plays a significant role in supporting the broader Bitcoin ecosystem. Offering a stable and reliable trading platform helps increase the accessibility of Bitcoin and other cryptocurrencies, which, in turn, contributes to the overall health and growth of the crypto market.

As Bitcoin continues to mature, the role of crypto exchanges will evolve. CRMClick.io is pivotal in shaping the future landscape of cryptocurrency trading. It provides the necessary tools for trading and investment and contributes to the market's stability and growth through technological innovation.

Furthermore, the journey of Bitcoin is intertwined with the evolution of crypto exchange platforms. CRMClick.io entered the market as a new platform, bringing fresh perspectives and solutions that could define the next steps for cryptocurrencies-for those keen on exploring the potential of Bitcoin, keeping an eye on the new exchange which can provide valuable insights and opportunities.

For more subtle yet profound insights into cryptocurrency trading, CRMClick.io represents a promising option for diversifying into digital currencies.

Contact person: Charles Smith Company Name: Cerram Meta Official website: https://crmclick.io/ E-mail: [emailprotected]

SOURCE: Cerram Meta

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CRMClick.io Brings Innovation in Cryptocurrency Trading Technology - AccessWire

The nonprofit groupStand With Cryptoreportedly formed a political action committee (PAC) to support candidateswho arefriendly to cryptocurrency and blockchain.

The new PAC aims to raise money from Stand With Cryptos 440,000 members, ReutersreportedFriday (May 10).

The goal is to endorse candidates and support candidates that are protecting the rights of our advocates of Stand With Crypto throughout November,Nick Carr, chief strategist at Stand With Crypto, said in the report.

Some crypto-focused super PACs, includingFairshake, Defend American Jobs andProtect Progress, have raiseda combined total of$110 million for this election season, per the report.

The crypto sectorssuper PACshave become one of the top three fundraisers in the 2024 election cycle, behind only the super PAC backingRon DeSantis failed presidential campaign and the one backing Democratic Senate candidates, nonprofit consumer advocacy organizationPublic Citizensaid in areportreleased Monday (May 6).

Out of the six 2024 primaries in which crypto super PACs intervened and which are now over, only one crypto-backed candidate has lost, Public Citizen said in apress releaseabout the report. Eleven primary races that include crypto-backed candidates remain. The crypto super PACs have pledged to spend in general election Senate races in the battleground states of Ohio and Montana.

It was reported in March that crypto-focusedsuper PACsspent at least $13 million on the March 5 Super Tuesday primary contests in Texas, California and Alabama.

The crypto community is playing politics to win, Fairshake spokesperson Josh Vlasto said at the time. We will have influence and impact in races behind candidates who align with our agenda andourvision.

Cryptocurrency firms have also been spending record amounts of cash tolobbyfor their cause in Washington.

During the first three quarters of 2023, digital asset companies spent $18.9 million on lobbying a figure that was up from $16.1 million in 2021, despite the collapse of FTX, which had been one of the biggest spenders when it comes to lobbying.

Our goal is to engage directly with policymakers, build relationships and bridge the education gap to build a commonsense regulatory framework,Blockchain AssociationCEOKristin Smithsaid in December.

In September, Stand With Crypto hosted an event in Washingtonalongwith 50 crypto founders to advocate forlegislative clarityaligned with theirowngoals.

More here:

Stand With Crypto Forms Political Action Committee - PYMNTS.com

Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the companys bankruptcy lawyers said on Tuesday.

The announcement was a landmark in the attempt to track down the $8 billion in customer assets that disappeared when FTX imploded virtually overnight, setting off a crisis in the crypto industry. Under a plan filed in federal bankruptcy court in Delaware, virtually all FTXs creditors, including hundreds of thousands of ordinary investors who used the exchange to buy and sell cryptocurrencies, would receive cash payments equivalent to 118 percent of the assets they had stored on FTX, the lawyers said.

Those payments would flow from a pool of assets that FTXs lawyers have pulled together in the 17 months since the exchange collapsed, the lawyers said. They tapped a wide range of sources, including digital currencies that FTX still owned when it filed for bankruptcy and company assets like shares in start-ups, which could be sold to bidders.

The amount that FTX recovered is in general pretty unheard of, said Yesha Yadav, a law professor at Vanderbilt University. Thats something that is really quite astonishing for a major bankruptcy.

The plan comes with a caveat. The amount owed to customers was based on the value of their holdings at the time of FTXs bankruptcy in November 2022. That means customers wont reap the benefits of a recent surge in the crypto market that sent the price of Bitcoin to a record high. A customer who lost one Bitcoin when FTX imploded, for example, would be entitled to less than $20,000, even though a Bitcoin is now worth more than $60,000.

It will take months for the payouts to begin. The plan requires approval by the federal judge overseeing FTXs bankruptcy, John T. Dorsey. If creditors raise any objections to the plan, that could extend the timeline.

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FTX Customers Poised to Recover All Funds Lost in Collapse - The New York Times

The total cryptocurrency market capitalization remains flat at $2.35 trillion on May 7, even though Bitcoin (BTC) is slightly up at $63,550. The lack of positive momentum has led to modest 0.5% to 2.5% declines in Ether (ETH), XRP (XRP), Dogecoin (DOGE), Cardano (ADA), Toncoin (TON), and Avalanche (AVAX), mostly driven by increased uncertainty in traditional markets.

The current investor discomfort stems from data indicating an 18% drop in Tesla electric vehicle sales in China in April compared to the previous year, as the company faces strong competition from domestic producers, including BYD. Chinas new electric vehicle sales rose 33% year over year in April, with BYD leading on a 49% growth. Shares of Tesla dropped 3% on May 7 as the market absorbed the news.

Billionaire investor Stanley Druckenmiller told CNBC that his firm cut positions in Nvidia in March, believing the artificial intelligence (AI) market boom could be overdone in the short term. Druckenmiller, now running Duquesne Family Office, thinks further gains in the sector could take four to five years from now.

Such comments fueled speculations that the AI sector might be entering a bubble, negatively impacting risk-on assets, including cryptocurrencies. More uncertainty arose after The Wall Street Journal reported that Apple is developing chips to run AI software in data centers, though no clear timeline has been set for its launch.

Apple has reportedly partnered with TSMC on the chips design and production, differing from Googles AI efforts, which invested in developing their own inference server chips to reduce dependence on other chip designers. Regardless of its impact on the AI market, this move shows that Apple is seeking new growth areas after iPhone quarterly sales dropped 4%.

Investor discomfort also arises from increased global socio-political turmoil in the Middle East and Ukraine. The ongoing tension in the region creates fear and uncertainty that negatively impact global risk on assets.

Related: Why is Ethereum (ETH) price down today?

The cryptocurrency market also faced setbacks, especially after the U.S. Securities and Exchange Commission (SEC) Chair Gary Genslers appearance on CNBC. During his most recent interview, Gensler stated that most tokens "are securities under the law of the land, as interpreted by the U.S. Supreme Court." In Genslers view, investors are not getting the "required or needed disclosures" prior to being offered those assets.

According to a court filing released on May 6, the SEC has issued a Wells notice to the popular trading platform Robinhood regarding its U.S.-based crypto business. Other crypto firms have also recently been targeted by the U.S. Department of Justice and regulators, including Samourai Wallet, Uniswap, and Consensys.

Efforts to curb the industry in the U.S. and companies aiming to service the region have caused multiple ventures to block U.S. citizens from taking part in airdrops, accessing decentralized finance front-ends, or participating in certain markets. However, regulators cannot stop inflows to regulated assets, including spot Bitcoin exchange-traded funds (ETFs), so the overall impact on crypto markets from such FUD might be less than anticipated.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Continued here:

Why is the crypto market down today? - Cointelegraph

On a trip to Nigeria in January, Tigran Gambaryan, a compliance officer for the giant cryptocurrency exchange Binance, received an unsettling message: The company had 48 hours to make a payment of roughly $150 million in crypto.

Mr. Gambaryan, a former U.S. law enforcement agent, understood the message as a request for a bribe from someone in the Nigerian government, according to five people familiar with the matter and messages reviewed by The New York Times. He and a group of his Binance colleagues had just met with Nigerian legislators, who accused the company of tax violations and threatened to arrest its employees.

The Binance officials fled Nigeria in a panic. Later that month, Mr. Gambaryan wrote a three-page report describing the payment request and gave it to Binances lawyers, two people familiar with the report said. He also alerted contacts in the Nigerian government, the people said, and recounted the incident to them.

The episode was the backdrop for a second trip to Nigeria that Mr. Gambaryan took in February. On his return, he and a colleague, Nadeem Anjarwalla, were arrested by the Nigerian authorities, setting off a crisis at Binance.

Mr. Gambaryan has been held in Kuje prison in Nigerias capital, Abuja, for the last four weeks, after he was transferred there from a government compound on April 8. His case is the latest legal headache for Binance, which agreed to a $4.3 billion fine last year to settle charges by the U.S. government that it allowed criminal activity to flourish on its platform. In April, the companys founder, Changpeng Zhao, was sentenced to four months in prison for his role in those violations.

The Nigerian authorities have charged both Binance and Mr. Gambaryan with tax evasion and money laundering. Binance has denied that Mr. Gambaryan had any decision-making power in the company.

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Behind Nigeria's Arrest of Binance Employee, Claims of a Bribe Request - The New York Times