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Trump to Meet Senators on CLARITY Act push

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Trump to Meet Senators on CLARITY Act push

US President Donald Trump is set to meet with several senators at the White House on Thursday to discuss progress on the crypto market structure bill. 

According to Politico, Senator Bernie Moreno said a group of senators will brief the president on the bill and “its path to success.” Senator Cynthia Lummis will also attend, according to a Senate Republican aide.

“We’ll be talking about the entirety of the bill. I mean, obviously the president’s been very engaged in this bill,” said Moreno. “He’s the one who’s really driven the innovation that I think will pay dividends.” 

The meeting comes as lawmakers race to pass the crypto market structure bill, known as the CLARITY Act, before the Senate’s August recess. Many lawmakers see it as the last realistic opportunity to pass the legislation before the midterm elections. 

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“I’m hoping that we can come up with some agreement by the end of this week,” Senator Thom Tillis, who has been helping work through the CLARITY Act’s unresolved provisions, told Politico. 

“I think it’s critical if we’re going to try and get this across the floor before August recess.”

Lawmakers are awaiting a revised draft of the bill. 

In an interview with Fox Business on Wednesday, Lummis said a new draft version of the bill will be introduced in the next few days and expects it to be on the Senate floor next week. 

Cointelegraph reached out to Senator Lummis for comment.

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Prediction market odds on CLARITY Act success 

Traders on prediction market Kalshi have put a 79% chance on the CLARITY Act being voted on by the Senate before the August recess, up from 68.8% the previous day. 

Related: Three US senators oppose CLARITY Act on ethics grounds with vote expected soon

However, traders remain less optimistic that the CLARITY Act will become law this year. 

A $3 million prediction market on Kalshi gives the crypto bill a 36% chance of becoming law in 2026, and a 62% chance of doing so before the end of 2027.

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Polymarket traders, meanwhile, have put the chance of the CLARITY Act being signed into law this year at 39%.

Magazine: Is Robinhood Chain’s success bullish or bearish for ETH the asset?

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

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From the World Cup Stadium to 24/7 Support: How HTX is Redefining VIP Services

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From the World Cup Stadium to 24/7 Support: How HTX is Redefining VIP Services

As the highly anticipated match between Spain and Belgium ignited the stadium, HTX’s SVIP users witnessed this world-class sporting moment far beyond the trading screen: through live match viewing, an exclusive VIP Lounge, customized travel itineraries, and face-to-face networking with fellow users from across the globe.

This premium experience, themed “HTX SVIP World Cup Journey,” was more than just a luxury getaway. It served as a tangible expression of HTX’s philosophy on VIP services — proving that SVIP is not merely a membership tier, but a long-term partnership.

One SVIP client, K, shared his thoughts after the experience:

“Previously, when I thought about exchange VIP perks, the first things that came to mind were usually ‘behind-the-scenes benefits’ like trading fee discounts, dedicated customer support, and higher limits. But this time, HTX brought us straight to the World Cup stadium, with access to a custom VIP lounge and an exclusive live match experience. These are real, tangible benefits you can actually enjoy.”

From a Trading Platform to a Long-Term Partner

For key clients, the most valuable service isn’t demonstrated when everything is going well, but at critical moments — when markets shift rapidly, capital needs to be mobilized quickly, or account issues require immediate resolution.

Unlike retail users, key and institutional clients face significantly more complex challenges: a single large trade may require liquidity arrangements; a market strategy may hinge on onboarding and verification timelines; a delayed withdrawal could impact subsequent capital deployment.

To address these challenges, HTX has established a dedicated service framework for SVIP users and institutional clients at Prime 5 and above that operates independently of the standard support queue. Spanning major communication channels such as Telegram, email, and WeChat, this framework uses Telegram as its primary 24/7 service hub, ensuring clients across different time zones can reach a dedicated support team whenever they need assistance.

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Rather than addressing standard retail queries, this specialized team focuses on high-impact matters of direct concern to key clients. These include liquidity support, KYC verification, institutional onboarding, account management, and other time-sensitive operational issues. Through this tiered service framework, key clients benefit from streamlined communication pathways and high-priority response times.

Fast Issue Resolution: The Key to Effective Customer Support

For VIP services, being “online” is merely the baseline. The true differentiator is the ability to understand complex business scenarios in depth and rapidly coordinate internal resources to resolve issues.

Case Study 1: Seamless Institutional Onboarding. A newly onboarded institutional client sought to complete verification and start trading ahead of a major market event. The dedicated team maintained continuous communication via Telegram, helping organize account settings, streamlining outstanding documentation, and coordinating internal reviews to successfully launch the client within their target window.

Case Study 2: Frictionless Verification. A Prime client was unclear about the supplementary documentation required for level 3 KYC verification. Through real-time communication, the team clarified each requirement step-by-step, eliminating the prolonged wait times typically caused by repeated document resubmissions.

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Case Study 3: Rapid Settlement Support. During a large-scale withdrawal, a client noticed their transaction was pending. After receiving the client’s feedback, the team immediately intervened and tracked the issue internally, enabling the transaction to be processed within 5 minutes. While this represents a specific operational resolution, it highlights the dedicated team’s execution capabilities when handling high-priority issues.

Furthermore, when clients require liquidity support for large positions, the team provides direct coordination and specialized assistance. For institutions and high-net-worth individuals, the value of such services goes beyond simply solving an isolated issue—it significantly reduces communication friction, buying critical time for high-stakes investment decisions.

From Foundational Efficiency to Tailored VIP Privileges

Exceptional VIP service must first address trading efficiency challenges. Only on top of that foundation can a highly differentiated product and benefit ecosystem be built.

Built around the diverse needs of SVIP users, HTX has developed a multi-tiered benefits system spanning trading fees, Earn products, lending, and exclusive privileges.

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  1. 1. Tailored Fee Structures. SVIP clients can earn rebates on their trades and unlock tailored, ultra-low fee structures that match their specific operational profiles and trading styles.
  2. 2. Exclusive VIP Flexible Earn. HTX has introduced an exclusive VIP Flexible Earn program for USDT, offering enhanced yield opportunities for eligible Prime users. Specifically, Prime 5–Prime 7 users can enjoy up to 6.00% APY with a 50,000 USDT quota, while Prime 8–Prime 9 users can access up to 7.00% APY with an 80,000 USDT quota. Prime 10–Prime 11 users can enjoy the highest tier of benefits, with up to 9.00% APY on a 100,000 USDT quota. Additionally, based on trading volumes or net deposit metrics, the platform can issue APY Booster Coupons covering core assets like USDT, USDD, and ETH.
  3. 3. Optimized Lending Terms. For SVIP users who use Collateral Swap, larger loan amounts unlock progressively higher discount rates—up to 28% off (72% of the standard cost)—along with tailored liquidation-delay protection policies.

These benefits are built around a single principle: VIP service is not about repackaging standardized products. Instead, it is about designing bespoke service frameworks tailored to each client’s trading scale, capital structure, and business needs.

Making Premium Service Tangible

If dedicated responses, optimized fee structures, and customized liquidity support form the professional bedrock of VIP service, then initiatives such as the World Cup Journey, holiday gifts, and personalized birthday celebrations elevate these services from the trading dashboard into real-world experiences.

HTX provides its SVIP users with premium physical and offline experiences, including customized holiday gift sets, exclusive birthday celebrations, and bespoke brand collectibles. The World Cup Journey further expands the horizons of global high-end privileges, proving that VIP service does not just live in account settings—it can manifest at world-class sporting events, key global cities, and during significant moments in users’ lives.

The World Cup Journey is merely one chapter of HTX’s global SVIP experience. From 24/7 on-demand communication channels to specialist assistance for liquidity, verification, and account settings; and from tailored trading fees, Earn products, and optimized lending privileges to live access at world-class arenas—HTX is actively cultivating a VIP service ecosystem that starts with execution efficiency and matures into a long-term partnership.

True VIP service does not simply mean offering more perks when times are good. It means ensuring that when clients need it most, there is always someone to answer, someone who understands, and someone to walk beside them.

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Ethereum News: BlackRock, JPMorgan Builds Make ETH a Wall Street Asset, Tom Lee Argues

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eth logo

In the lastest Ethereum news, Fundstrat’s Tom Lee is arguing that Ethereum’s next major move has nothing to do with crypto-native speculation, and everything to do with institutional capital that is already deployed and building.

Writing in Bitmine’s July Chairman’s message, Lee pointed to BlackRock BUIDL, JPMorgan MONY, and Robinhood Chain as concrete evidence that Wall Street has moved from observation to construction on Ethereum’s rails. The ETH price currently sits near $1,880, about 60% below its 2025 peak near $5,000.

The gap between that peak and current levels is the central question Lee addresses. His read is that it reflects a regime change, not a structural ceiling, the first era of ICOs, NFTs, ETFs, and stablecoins has run its course, and the institutions now building on Ethereum represent a fundamentally different demand base with longer time horizons and larger capital pools.

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Ethereum News: BlackRock, JPMorgan, and the Tokenization Build-Out

Lee’s institutional case rests on names that move markets in traditional finance. BlackRock BUIDL, the asset manager’s tokenized Treasury fund, now holds roughly $2.6 billion and has earned Moody’s top money-market rating (Moody’s cited).

JPMorgan MONY extended the bank’s tokenization push that began with Onyx in 2020, adding another institutional-grade vehicle to the Ethereum ecosystem.

Electric Capital data cited by Lee puts nearly 6,000 developers on the EVM stack, ranking Ethereum first among all chains for new builders, a metric that matters more to institutions evaluating long-term platform risk than short-term price momentum.

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Wall Street is building on Ethereum, Lee argues in the Chairman’s message, contrasting 2022’s crypto bear-market backdrop with continued institution-led development.

In 2025 and 2026, institutional crypto infrastructure has continued to expand even as ETH price fell sharply from its cycle highs. That divergence between on-chain institutional activity and spot price is the core of his thesis. For more on how BlackRock’s ETF flows are reinforcing this dynamic, see this analysis of BlackRock ETF inflows and their ETH price implications.

Discover: The Best Crypto to Diversify Your Portfolio

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Robinhood Chain: ETH as Settlement Money

Robinhood Chain, launched July 1 on Arbitrum, handed Lee one of his more striking data points. Within two weeks of going live, it ranked third among all networks by DEX volume at about $811 million daily, briefly surpassing Ethereum itself according to DefiLlama. Ethereum has since reclaimed that position, and cumulative Robinhood Chain volume has crossed $1 billion.

In the Chairman’s message news, Lee argues that Robinhood Chain’s use of ETH (as described in his discussion of the network’s fees and how it settles) makes it a meaningful Ethereum use case.

Source: Robinhood Chain TVL / DefiLlama

The counterargument is equally straightforward. Artemis CEO Jon Ma has noted that Robinhood Chain’s volume spike is predominantly meme coin-driven, not institutional flows.

And the fee economics cut against Lee’s framing, Robinhood Chain pays Ethereum’s base layer almost nothing in fees. High DEX volume on an Arbitrum-based chain does not translate 1-for-1 into ETH fee burn at the L1 level.

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The Amazon Analogy, and the Conflict It Carries

Lee frames the current ETH setup through an Amazon analogy: the stock traded near a split-adjusted $6 for 12 years before climbing to $241 as its total addressable market expanded beyond what early investors could model. He also describes the psychology around sellers at depressed prices.

He also concedes the bearish read directly. ETH has failed twice at the $5,000 level, and skeptics argue that the top of the range could limit upside this cycle.

The conflict of interest embedded in Lee’s thesis deserves direct acknowledgment. Bitmine’s latest weekly disclosure shows 5.77 million ETH, about 4.8% of the 120.7 million total supply. Lee is among the biggest beneficiaries if institutional adoption confirms his thesis.

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That does not make his argument wrong, but it reframes every price target he issues as coming from a holder with an extraordinary financial stake in the outcome.

The institutional infrastructure Lee cites is real. BlackRock BUIDL’s Moody’s rating, JPMorgan’s MONY fund, and Robinhood Chain’s early volume numbers are all verifiable facts, not projections.

Whether they are sufficient to drive ETH from $1,880 back through $5,000 and beyond depends on whether institutional capital deepens from product launch into sustained secondary market demand, a step that none of these programs has yet demonstrated at scale.

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Gate DEX Fully Integrates Robinhood Chain, Expanding Its Multi-Chain Ecosystem Layout and Onchain Service Capabilities

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Gate DEX Fully Integrates Robinhood Chain, Expanding Its Multi-Chain Ecosystem Layout and Onchain Service Capabilities

Gate DEX announced its full integration with Robinhood Chain, becoming one of the first mainstream exchange onchain gateways to support the ecosystem. This feature covers core scenarios such as asset discovery, wallet management, onchain trading, cross-chain interaction, and market tracking, providing users with a more complete and efficient Web3 experience for exploring emerging onchain ecosystems, and further expanding Gate DEX’s multi-chain layout and infrastructure capabilities. For a smoother experience, please update the Gate App to v8.27.0 or above.

As the onchain gateway of the Gate ecosystem, Gate DEX integrates wallet, cross-chain, trading, airdrops, Earn, and DApps, continuously building an open and interconnected full-scope Web3 ecosystem. With the rapid development of emerging public chains, users’ demand for asset discovery, project exploration, and onchain interaction continues to increase. By supporting Robinhood Chain, Gate DEX further connects emerging onchain ecosystems, providing users with a more convenient entry point to popular assets and innovative applications.

In terms of asset discovery, Gate’s main platform Alpha has newly added support for the display and trading of Robinhood Chain ecosystem assets, and has integrated ecosystem launch platforms such as Noxa.fun and Bankr. As an important exploration gateway for emerging assets on Gate, Alpha will connect users with popular assets and innovative projects in the Robinhood Chain ecosystem, helping users discover onchain opportunities more efficiently and improving the efficiency of exploring emerging ecosystem assets.

In terms of asset management and onchain interaction, Gate Wallet has newly added support for Robinhood Chain, enabling functions such as asset display, transfers, and DApp interaction, helping users manage onchain assets more conveniently. At the same time, Gate DEX Swap supports single-chain swaps and cross-chain swaps on the network, improving asset circulation efficiency.

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In terms of trading and market services, Gate DEX professional trading supports Robinhood Chain market order trading, while the market module also supports the display of related tokens, helping users view ecosystem asset information and participate in onchain trading more conveniently. In addition, the chain scanning function has newly added support for this ecosystem and covers projects such as Noxa.fun and Bankr, helping users discover onchain hotspots promptly.

The integration of Robinhood Chain expands the boundaries of Gate DEX’s multi-chain ecosystem and enhances cross-chain interoperability. Relying on Across and LayerZero cross-chain solutions, Gate DEX enables asset circulation among BSC, Ethereum, Base, and Robinhood Chain, providing users with a more efficient and smooth multi-chain interaction experience.

Currently, Gate DEX has formed comprehensive onchain service capabilities covering asset discovery, wallet management, trading and swaps, cross-chain connections, and ecosystem applications. This ecosystem expansion is an important measure by Gate to continuously strengthen Web3 infrastructure and connect high-quality public chain ecosystems, and also reflects the platform’s continued investment in multi-chain connectivity and onchain product innovation. In the future, Gate will continue to deepen the development of the Gate DEX ecosystem, accelerate connections with more high-quality onchain networks and innovative applications, promote the continuous upgrading of Web3 product capabilities, and create a more open, efficient, and convenient onchain experience for global users.

How to Explore the Robinhood Chain Ecosystem?

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Please update to Gate App v8.27.0 or above to access the new features.

  • Discover ecosystem assets: App Exchange mode – [Trade] – [Alpha] – [All Chains] – Select a token
  • Explore the onchain ecosystem: App DEX mode – [Markets] – [Markets] – [All Chains] – Select Robinhood Chain
  • Swap assets: App DEX mode – [Trade] – [Swap] – Tap [Pay/Receive] – Select Robinhood Chain
  • Advanced trading: App DEX mode – [Trade] – [Pro] – Select a token – [All Networks] – Select Robinhood Chain

Learn more here.

About Gate

Gate, founded in 2013 by Dr. Han, is one of the world’s leading cryptocurrency and integrated financial services platforms. Serving over 58 million users globally, it supports trading across 4,800+ digital assets and 12,500+ stock assets, while providing access to a comprehensive range of TradFi assets, including metals, stocks, indices, forex, and commodities, delivering users a one-stop, multi-asset trading experience and blockchain-related services. As an industry benchmark, Gate was among the first platforms to implement 100% Proof of Reserves. Its ecosystem includes Gate Wallet, Gate Ventures, Gate for AI Agent, and a wide range of products and services.

For more information, please visit: Website | X | Telegram | LinkedIn| Instagram | YouTube

Disclaimer:

This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Note that Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement.

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Ether falls twice as hard as bitcoin and HYPE drops 10%

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Ether falls twice as hard as bitcoin and HYPE drops 10%

Ether (ETH) fell twice as hard as bitcoin on Friday and hyperliquid’s HYPE fell more than five times as hard, as a selloff in Asian semiconductor shares dragged every major cryptocurrency lower.

Ether dropped 4% to $1,850, though it remains up 4% over seven sessions and is the only major still green on the week. HYPE was the worst of them at $60, down 10% on the day and 12% on the week, its steepest stretch since June. Solana slid 2% to $75 and is off 5% for the week.

XRP eased 2% to $1.09, BNB fell 2% to $571, TRON slipped to 32 cents and dogecoin lost 2%. Bitcoin held up best of the group, down 2% to about $63,400 and 1% on the week after failing twice at $65,000.

The selling started in semiconductors. MSCI’s Asia Pacific equities gauge dropped 3%, heading for its lowest close in two months, while Japan’s Nikkei 225 slumped 5% in its worst session since March. Taiwan Semiconductor was on track for its biggest one-day decline since April 2025 and Japan’s Kioxia sank as much as 16%.

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How to Maximize Your Edge in Zoomex Trading Competitions

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How to Maximize Your Edge in Zoomex Trading Competitions

Trading competitions reward more than raw luck. They reward traders who understand exactly how a leaderboard formula works and who build their execution around it. Zoomex has run a series of high-profile competitions in 2026, from the 2026 Zero-Cost Trading Competition with its combined $600,000 USDT prize pool, to the World Cup-themed Footballmania campaign built around a 300,000 USDT pool, to smaller contract-launch events like the New Contract Trading Competition. Each has its own scoring logic, and understanding that logic is the actual edge.

This deep dive breaks down the mechanics behind Zoomex’s competition formats and the concrete steps traders can take to rank higher, without increasing risk beyond what they can control.

Understand the Scoring Formula Before You Place a Single Trade

Zoomex’s Individual Competition track does not rank participants purely on profit. The ranking formula blends two components: <cite index=”2-1,3-1″>total return weighted at 30% and trading volume weighted at 70%</cite>. That weighting is the single most important number in the entire competition, and most participants never check it before they start trading.

A 70/30 split toward volume means that a trader who runs a modest but consistent strategy across many trades will often outrank a trader who scores one lucky high-return position but trades infrequently. Practically, this changes the optimal playbook:

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  • Frequency compounds. If volume carries 70% of the weight, executing more qualifying trades across the event window matters more than swinging for a single large win.
  • Return still matters at the margin. The 30% return component means reckless overleveraging to chase volume without any regard for drawdown will still cost you rank against traders who balance both metrics.
  • Read the fine print for every event. Not every Zoomex competition uses the same formula. The contract-launch style events (like the New Contract Trading Competition) rank purely on cumulative trading volume in designated pairs, with tiered USDT bonuses at fixed volume thresholds rather than a blended score. Always check the specific promotion page before committing a strategy.

Trade Only the Designated Pairs and Account Type

This sounds obvious, but it is the single most common way traders lose eligible volume. Competition volume typically only counts on the trading pairs the promotion designates, and only after the account meets specific setup requirements.

For Zoomex’s World Cup Carnival campaign, for example, eligibility required traders to <cite index=”5-1″>register, upgrade to a Unified Trading Account, and trade USDT and Bitcoin futures within the campaign window</cite>. Volume generated on spot markets, non-designated pairs, or a legacy account type does not count toward the leaderboard even if the trade itself is profitable.

Source: Zoomex

Before entering any Zoomex competition:

  1. Confirm your account is upgraded to a Unified Trading Account, which consolidates margin and enables you to trade the full range of eligible contracts from a single balance.
  2. Cross-check the designated pairs list on the competition’s official page. In recent Zoomex events this list has included newer contract listings such as METUSDT, COMMONUSDT, and AIAUSDT, alongside majors like BTC and ETH futures.
  3. Maintain the minimum net asset balance required to remain reward-eligible. Zoomex’s contract competitions have required participants to <cite index=”10-1″>maintain a net asset balance of over $50</cite> to receive payouts, and unverified accounts forfeit rewards entirely.

Source: Zoomex

Use Volume Thresholds as Checkpoints, Not Just a Finish Line

Zoomex structures its tiered competitions around clear volume checkpoints rather than a single continuous curve. In the New Contract Trading Competition, for instance, ranking bonuses stepped from a $1,000,000 volume threshold up through $3,000,000 for the top spot, with a separate flat $10 bonus unlocked at just $20,000 in cumulative volume. That structure rewards traders who plan their trading in stages:

Stage 1: Hit the minimum unlock threshold early. Getting past the base volume requirement in the first days of the event secures your baseline reward and removes pressure later.

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Stage 2: Reassess your position on the leaderboard. Because Zoomex has published daily leaderboard updates through its official community channels in past events, checking your standing lets you decide whether pushing for the next tier is worth the additional exposure.

Stage 3: Push for the top tier only if your risk-adjusted return supports it. Climbing from a mid-tier bonus to a top-tier one usually requires a nonlinear jump in volume. Do the math on whether the marginal reward actually compensates for the marginal risk before increasing size.

Treat Bonus Funds as Free Variance, Not Free Capital

Zero-cost competitions like the 2026 Zero-Cost Trading Competition are structurally different from deposit-based ones. Zoomex gave <cite index=”2-2″>newly registered users $100 to $200 in bonus trading funds</cite> so they could enter the Individual Competition or Entertainment Zone without depositing. This is genuinely useful for testing a competition strategy with zero personal capital at risk, but it should be treated as exactly that: a testing budget, not a scaling budget.

A disciplined approach is to use bonus funds to validate your entry and exit logic under real competition conditions (volume tracking, order execution speed, how quickly your fills reflect on the leaderboard) before deploying your own capital, if you choose to at all. This also matters for compliance: some Zoomex events explicitly restrict participation to non-affiliate accounts and flag multiple-account or arbitrage abuse for disqualification, so keep your strategy to a single verified account.

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Factor In Execution Quality, Not Just Position Sizing

A high-performance matching engine matters more in a volume-weighted competition than in ordinary trading, because slippage and fill latency directly reduce your effective, reportable volume per trade. Zoomex has positioned its infrastructure around this exact point, emphasizing <cite index=”2-4″>a high-performance matching engine and transparent asset and order displays that ensure consistent trade execution and fully traceable results</cite>. In practice, that means:

Favor limit orders during high-volatility windows only if you have confirmed fill rates are acceptable; a missed fill is lost volume that can’t be recovered later in the event.

Monitor spread and depth on the designated pairs specifically, since thinner contracts like recent altcoin listings can behave very differently from BTC or ETH futures under competition-driven volume spikes.

Use leverage deliberately. Zoomex supports leverage up to 1:150, which can accelerate volume accumulation, but every increment of leverage also increases the return-side variance that factors into the 30% return component of the Individual Competition score.

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Build a Simple Pre-Competition Checklist

Before the next Zoomex competition window opens, run through this sequence:

  1. Read the specific promotion page in full and identify the exact scoring formula (blended return/volume vs. pure volume tiers).
  2. Upgrade to a Unified Trading Account if you haven’t already, and confirm KYC is complete so rewards aren’t forfeited later.
  3. Identify the designated trading pairs and check current liquidity conditions on each.
  4. Decide your volume checkpoints in advance, tied to the specific bonus tiers published for that event.
  5. Join Zoomex’s official community channels for daily leaderboard visibility during the event.
  6. If bonus funds are offered, use them to test execution before scaling with personal capital.

Competitions like these are ultimately a controlled environment for sharpening real trading discipline: reading the rules precisely, respecting position sizing, and executing with intent rather than emotion. The traders who consistently place well are rarely the ones who trade the most impulsively. They’re the ones who understood the scoring formula on day one.

About Zoomex

Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 590+ trading pairs.  Built around easy to use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide. 

Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken. The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.  

Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.  

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At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.

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Former Ethereum Foundation researcher Francesco D’Amato joins Ethlabs

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Former Ethereum Foundation researcher Francesco D'Amato joins Ethlabs

Former Ethereum Foundation researcher Francesco D’Amato has joined independent protocol research group Ethlabs, extending the movement of core Ethereum developers into organizations operating outside the Foundation.

Summary

  • Former Ethereum Foundation researcher Francesco D’Amato has joined Ethlabs after five years to continue Ethereum protocol research.
  • D’Amato said he will keep working on faster Ethereum finality while helping Ethlabs expand its protocol research team.
  • The move adds to a growing number of independent Ethereum organizations formed by former Foundation researchers following the Foundation’s restructuring.

According to a statement shared by Ethereum Foundation researcher Francesco D’Amato on X, he has left the Ethereum Foundation after five years to join Ethlabs, a nonprofit protocol research organization established by former Foundation researchers to continue Ethereum core development.

During his time at EF Research, D’Amato said he worked across several protocol research areas, including maximal extractable value (MEV), consensus mechanisms, data availability sampling, and execution layer pricing. He described the decision to leave as difficult but said the current period of change made it the right moment for “a new beginning.”

“Leaving that behind is hard, but after 5 years this time of great change seems right for a new beginning,” D’Amato wrote.

He added that, for the first time since beginning Ethereum protocol research, he believes there is “a credible shot” for core research to advance outside the Ethereum Foundation.

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At Ethlabs, he said he will work alongside former EF colleagues to expand the organization’s protocol research efforts, bring new researchers into the ecosystem, and continue contributing to Ethereum’s long-term technical roadmap.

Among his priorities, D’Amato said he intends to keep working on reducing Ethereum’s transaction finality time, stating that he plans to focus much of his effort on helping Ethereum “finalize much faster, as soon as possible.”

Ethlabs expands its research team

Ethlabs launched in June as an independent nonprofit research organization founded by former Ethereum Foundation researchers Ansgar Dietrichs, Barnabé Monnot, Caspar Schwarz Schilling, Josh Rudolf, and Julian Ma. The organization said its research spans settlement speed, network capacity, native asset issuance, cross-chain interoperability, and Ethereum’s monetary design.

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Backed by Ethereum co-founder Joe Lubin, Bitmine, SharpLink, Anchorage, Octant, SNZ, and other Ethereum ecosystem participants, Ethlabs has said its research priorities are tied to growing institutional use of Ethereum for stablecoins, tokenized assets, investment products, and AI-driven commerce. 

The group has also stated that research decisions remain independent despite corporate funding, with contributions managed through an external grants administrator.

When the organization launched, executive director Ansgar Dietrichs said Ethlabs was created to advance Ethereum’s core technology while providing a long-term home for protocol researchers outside the Ethereum Foundation. Lubin described the organization as another stewardship body working alongside the Foundation and other independent contributors to Ethereum’s development.

Ethereum development spreads beyond the Foundation

D’Amato’s move comes as the Ethereum Foundation continues reshaping its internal structure and as more protocol work shifts to independent organizations.

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Last month, the Foundation reduced its workforce by 54 positions, or about 20%, following a review of its staffing and long-term responsibilities. It later dissolved its Protocol Support team while reorganizing its remaining work into dedicated divisions covering protocol development, users, community, access, and institutional activity.

The restructuring has also led to the creation of new Ethereum-focused organizations. Earlier this month, former Foundation employees Mo Jalil, Oskar Thorén, and Aaryamann Challani launched EthSystems, a for-profit company building confidential infrastructure for regulated financial institutions on Ethereum with backing from Bitmine, SharpLink, and Lubin.

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Trump Praised Over 20 Companies on Truth Social After Buying Their Stock, CNN Finds

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Trump’s Stock Trades Preceding Social Media Posts

President Donald Trump bought stock in 21 companies within a week before posting favorable Truth Social messages about them, a CNN investigation found. He made at least 44 purchases.

The findings sharpen questions about whether the president holds a conflict of interest through his trading.

44 Trades, 21 Companies, A Key Pattern in Trump’s Truth Social Posts

Trump’s 2025 financial disclosure listed more than 21,000 transactions. The Office of Government Ethics released it last month. Most were stock purchases and sales, reported in broad dollar ranges.

In one example, Trump bought between $200,000 and $500,000 in Nvidia stock in April. Days later, he promoted the chipmaker’s plans to build artificial intelligence supercomputers in the United States.

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In the April 15 post, he also vowed to expedite all necessary permits for Nvidia and similar firms. 

“Trump is both a frequent poster and stock trader, sending more than 6,000 Truth Social posts last year and often sharing his opinions about major corporations, while his managers made more than 20,000 stock purchases or sales in that same time frame,” the report read.

Trump’s Stock Trades Preceding Social Media Posts
Trump’s Stock Trades Preceding Social Media Posts. Source: CNN

Not every post was positive. Trump made 17 purchases of eight companies before criticizing them, including Comcast and Microsoft.

Moreover, CNN found no evidence that Trump used the posts to lift his own holdings. Most of his trades drew no matching Truth Social activity.

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White House Rejects Conflict Claims

The White House repeatedly denied that Trump has ever used his office for personal gain. It said his assets sit in fully discretionary accounts managed by independent institutions.

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“President Trump only acts in the best interests of the American public … There are no conflicts of interest,” White House spokesperson Anna Kelly said.

Trump also broke with recent presidents on one point. Every stock-owning president for the past 5 decades has used a blind trust. Trump instead uses a trust with his son, Donald Trump Jr., as trustee.

That setup lets him know his holdings, even if he cannot direct trades. Previously,  timing concerns surfaced when a BBC probe flagged suspicious trades before Trump’s market-moving statements.

The scrutiny lands as Trump Media prepares to sell Wall Street faster access to Truth Social posts. Its Truth API launches August 1, delivering top accounts’ posts at a significantly faster pace.

That product would let paying firms react to the posts faster than the public. This, in turn, would let Trump Media, where his family is the largest shareholder, benefit from his posts. It also deepens the same conflict that his trading already raises.

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The post Trump Praised Over 20 Companies on Truth Social After Buying Their Stock, CNN Finds appeared first on BeInCrypto.

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USD/JPY: Battling at the Top of the Triangle

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USD/JPY: Battling at the Top of the Triangle

On 3 July, Japan’s Finance Minister, Satsuki Katayama, stated that the Ministry of Finance remains in close contact with US authorities regarding developments in USD/JPY as the yen traded near its weakest level in almost 40 years. Similar verbal warnings have become increasingly common whenever the pair approaches the 162.00 area, although no direct intervention has been announced so far.

At the same time, weaker-than-expected US inflation data added pressure to the dollar. On 14 July, June’s Consumer Price Index came in below forecasts, significantly reducing expectations of a Federal Reserve rate hike at the July meeting and pushing US Treasury yields lower. The combination of increasingly cautious rhetoric from Japanese officials and softer US inflation expectations may keep USD/JPY range-bound, preventing buyers from establishing a sustained break above its multi-decade highs.

Technical Picture

On the four-hour chart, USD/JPY advanced steadily throughout June, reaching a peak near 162.80 on 1 July. A sharp reversal followed, with the pair dropping rapidly to the 160.50 area, where the green support zone is currently located. The decline coincided with market speculation about a possible currency intervention by the Japanese authorities.

After rebounding from the 3 July low, the pair began forming a triangle pattern. Price is now testing the upper boundary of the formation, although the attempted upside breakout is currently being capped by the upper edge of the current volume profile at 162.45. Just above this level lies the red resistance zone at 162.70.

The Point of Control (POC) is located around 162.08 and could become a key magnet if the pair moves back towards the lower part of the range, where two additional important technical levels are visible: the lower boundary of the volume profile at 161.45 and the green support zone at 160.50.

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Volume behaviour also deserves attention. The break above the triangle’s upper boundary was not supported by strong bullish volume, indicating limited buying conviction and increasing the risk that the breakout could soon reverse. Meanwhile, the RSI + MAs oscillator stands at 54, 52 and 52 respectively, with all three readings remaining firmly in neutral territory, reinforcing the current lack of directional conviction.

Key Takeaways

USD/JPY is testing the upper boundary of its current market structure while momentum indicators remain neutral. The lack of bullish volume at the breakout adds uncertainty, while the Point of Control around 162.08 could be the key reference level if price begins to move lower.

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Bitcoin ETFs add $368M in three-day buying streak

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Bitcoin ETFs add $368M in three-day buying streak

Bitcoin ETFs add $368M in three-day buying streak

US spot Bitcoin ETFs attracted $79.2 million on Thursday, lifting their three-day inflow total to about $368 million as Bitcoin attempted a price recovery.

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Zoomex Predict World: Turning Crypto Markets, Sports, and Global Events Into Live, Tradable Predictions

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Zoomex Predict World: Turning Crypto Markets, Sports, and Global Events Into Live, Tradable Predictions

Football and crypto have been circling each other for years through sponsorships, fan tokens, and NFT collectibles. Zoomex has taken a more direct route by connecting the two markets together, letting users trade on match outcomes with the same tools they already use to trade crypto. The result is Zoomex Predict World, a prediction market built for the 2026 World Cup and designed to feel less like a betting slip and more like a live order book.

Source: Zoomex

What Predict World Actually Is

Zoomex Predict World is the flagship sports application of Zoomex’s new Prediction Market product, an event-based trading system that lets users take a position on an outcome, whether that’s a football result, a crypto price level, or another real-world event, and trade that position as conditions change. Inside the World Cup zone specifically, users pick match events, review the available outcomes alongside their current market prices or implied probabilities, and enter a position using crypto through their Zoomex account.

The part that separates this from a traditional prediction pool is what happens after the position is opened. A correct call at kickoff doesn’t need to be held blindly until the final whistle. As the match develops, goals go in, cards get shown, injuries happen, substitutions shift momentum, users can sell their existing shares, add to a position, trim it, or flip to the opposite outcome entirely. Prediction shares are priced continuously, so match events translate into price movement the same way news moves a crypto pair. That turns a pre-match guess into something closer to an in-play trading session, run through the same interface Zoomex traders already know.

The World Cup Campaign

Zoomex paired the product launch with a dedicated World Cup Football Carnival campaign, running as a prediction market from June 11 through July 19, 2026 (UTC), with qualifying points valid through July 26 and rewards distributed between July 26 and July 31, 2026. Entry is free, and participants can forecast match outcomes, finalists, and the eventual champion directly from the Zoomex app.

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Source: Zoomex

On top of the predictions themselves, Zoomex layered in a task-based rewards system. Users unlock Lucky Spin chances by:

  • Reaching cumulative valid prediction amount thresholds
  • Completing a set number of valid predictions each day
  • Racking up correct predictions over time
  • Inviting friends to join the World Cup predictions

Those spins feed into a prize pool that includes World Cup final and semi-final live match tickets, World Cup-themed gift boxes, airdrop rewards, margin deduction coupons, copy trading insurance funds, and futures trial funds, all on top of a reported $1,000,000 total prize pool for the campaign. Full mechanics, timelines, and eligibility details are published on the Zoomex campaign page and official channels, so it’s worth checking there before jumping in.

Beyond Sports: Politics, Macro, and Global Events

The World Cup zone is just one filter inside Predict World. Browse the full markets view and the category tabs make the range clear: alongside sports, there’s Trump, Fed Interest Rate, Macro Indicators, and Inflation, each holding a live board of yes/no markets with real-time pricing and trading volume attached.

The mix on any given day can span geopolitics and monetary policy in the same scroll: a market on whether María Corina Machado enters Venezuela by a set date, another tracking the odds of a Russia nuclear test by specific 2026 deadlines, and a running board on Fed rate cuts broken out by meeting date, each priced individually with its own Yes/No spread. Macro releases get the same treatment, with a market on the June US annual inflation print offering separate outcome bands (such as at or below 3.6% versus exactly 3.7%) that traders can position on ahead of the data. Even political process questions show up, like a market on whether Trump renames ICE to NICE by year-end, split into short-term and longer-dated windows. Some of these single markets carry trading volumes in the tens of millions, on par with what a mid-sized crypto pair might see in a day.

That range is the point. A trader who has a read on Fed policy doesn’t need to leave Zoomex to act on it, and someone tracking inflation data or a geopolitical headline can turn that view into a position with the same mechanics used for the World Cup markets described above: enter early, adjust as new information lands, exit whenever the price no longer matches their view.

Why It’s Built for Crypto Traders Specifically

Most prediction markets ask users to think like sports bettors. Zoomex Predict World asks them to think like traders, because that’s exactly the audience it’s built for. Match outcomes become event-based assets. Market prices reflect the crowd’s live expectations, not a fixed pre-match line. Someone who already understands how to manage a position on Zoomex, when to add exposure, when to cut it, when the market has clearly turned, can apply the same instincts to a football match as they would to a volatile altcoin.

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That’s the real pitch behind Predict World: it doesn’t ask crypto users to learn a new mental model. It hands them a World Cup-shaped version of the one they already use every day on Zoomex.

Getting Started

Joining the campaign takes a few steps:

  1. Open or log into your Zoomex account
  2. Head to the Predict World zone
  3. Browse upcoming match events and review current outcome pricing
  4. Enter a position with crypto, then manage it as the match plays out
  5. Complete daily and cumulative tasks to earn Lucky Spin chances toward the reward pool

With the World Cup entering its most unpredictable stretch, the window to build up valid predictions and Lucky Spin entries is narrowing. Fans who want to combine tournament excitement with an actual trading edge can head to Zoomex Predict World now and put their read on the tournament to the test.

About Zoomex

Founded in 2021, Zoomex is a global cryptocurrency trading platform focused on derivatives trading. The platform serves over 3 million users across 35+ countries and regions, offering access to 590+ trading pairs.  Built around easy to use, transparency, fairness, and speed, Zoomex provides a clear and efficient trading experience for users worldwide. 

Through its high-performance matching engine, clear asset and order displays, and transparent fee and rule mechanisms, Zoomex helps users better understand their account status, order execution, trading costs, and results. Zoomex maintains registrations, licenses, and regulatory statuses across multiple jurisdictions, including the U.S. MSB, Canada MSB, U.S. NFA, and Australia AUSTRAC, and has completed security audits conducted by blockchain security firm Hacken. The platform also continues to strengthen its trust framework through Proof of Reserves, Security & Transparency, Compliance Information, and Fees / Rules Transparency initiatives.  

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Beyond trading, Zoomex builds a refined brand experience through elite sports partnerships, including the TGR Haas F1 Team, World Cup-winning goalkeeper Emiliano Martínez, and world-class tennis events such as Wimbledon. The values of speed, precision, discipline, fair play, and rule-based execution are closely aligned with Zoomex’s approach to derivatives trading.  

At Zoomex: Easy to Use. Transparent balance. Fair access to your earnings.

The post Zoomex Predict World: Turning Crypto Markets, Sports, and Global Events Into Live, Tradable Predictions appeared first on BeInCrypto.

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