Portland, Maine, June 20th, 2024, Chainwire
Luxolo, a concierge cryptocurrency service, recently announced the nationwide launch of its cutting-edge app, set to revolutionize how individuals manage and invest in cryptocurrencies. Available on both iOS and Android platforms, the Luxolo app seeks to redefine user experiences with its innovative features, user-centric design and human support team composed of Crypto experts. The app aims to make cryptocurrency management accessible and straightforward for users of all experience levels.
Luxolo sets itself apart from larger companies in the industry with is its unique combination of a concierge service and an easy-to-use app. The concierge service provides personalized assistance, guiding users through the complexities of cryptocurrency investment and management.
“Our app not only supports individual financial growth but also enhances the broader understanding of digital currencies,” said Michael Seymour, Director of Sales and Marketing at Luxolo Financial.
The app’s seamless integration with various cryptocurrencies ensures that users can efficiently manage their digital assets in one convenient place. With the launch of the Luxolo app, the company is set to make a significant impact on the cryptocurrency market, empowering individuals to take control of their financial futures with confidence and ease.
The Luxolo app is now available for download on the Apple App Store and Google Play Store. For more information, users can visit Luxolo’s website or the Luxolo Learning Center.
Luxolo is dedicated to empowering individuals through innovative financial solutions in cryptocurrency. Based in Portland, ME, Luxolo strives to deliver technologies that pave the way for a secure and accessible digital finance future.
Contact
Michael Seymour
Luxolo Financial
sales@luxolo.io
Altcoins Tron, Avalanche and Toncoin were trading in the green and gained up to 1.2%.
Source: CoinMarketCap
Selling pressure in BTC has decreased amid heightened trading activity with majority of orders on exchanges being floated by buyers according to Taker Buy-Sell Ratio which is now above 1, Vikram Subburaj, CEO, Giottus Crypto Platform, said, adding that crypto’s Fear & Greed Index has rebounded to 40 after hitting a yearly low of 30 on Tuesday.
BTC surged to $62,322 supported by inflows of $31 million in US spot bitcoin ETFs, which offset recent outflows, Sathvik Vishwanath, Co-Founder & CEO, Unocoin said. The crypto market witnessed another session of volatility as BTC slipped below the $61,000 level due to heavy liquidations on defi platforms, Shivam Thakral, CEO of BuyUcoin observed. Citing data from Coinglass, Thakral said that Bitcoin spot ETFs saw an inflow of $31 million on Tuesday, ending a seven-day streak of outflows. “This shows that institutional buying is on the higher side. The bullish sentiment is expected to continue on Friday as bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion are set to expire on the Deribit, a crypto derivatives exchange,” he opined.On the performance of other cryptos, Vishwanath of Unocoin highlighted BlackRock’s IBIT exceeding $1 billion in trading volume, signaling strong institutional interest.
On the outlook of BTC, he said that despite the positive trading, the ebbs and flows of the GBTC market were putting pressure on BTC. He sees resistance at $63,440 while support at $60,620. Technical indicators such as RSI at 45 and 50-day EMA at $61,960 suggest a cautious outlook below $62,510, he opined.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(You can now subscribe to our ETMarkets WhatsApp channel)
The U.S. State Department on Wednesday announced a $5 million reward for information leading to the arrest or conviction of alleged cryptocurrency fraudster Ruja Ignatova. Photo by the FBI
June 26 (UPI) — The U.S. State Department is offering a $5 million reward for information that leads to the arrest or conviction of alleged cryptocurrency fraudster Ruja Ignatova.
The State Department announced the reward in an online news release and describes Ignatova, 42, as a participant in “one of the largest global fraud schemes in history.”
The so-called “cryptoqueen” is on the FBI’s Ten Most Wanted Fugitives list and is accused of participating in a global cryptocurrency fraud scheme.
Federal investigators say Ignatova co-founded OneCoinLtd. while living in Bulgaria in 2014.
Since then, Ignatova and her cohorts allegedly defrauded investors by making false statements about OneCoin’s value as a cryptocurrency.
Federal investigators say Ignatova and others defrauded investors of $4 billion by 2017.
The U.S. Court for the Southern District of New York on Oct. 12, 2017, indicted Ignatova and charged her with conspiracy to commit wire fraud, wire fraud and conspiracy to commit money laundering.
Federal investigators says Ignatova left Sofia, Bulgaria, for Athens, Greece, to evade arrest two weeks after the federal indictment in New York.
She has been a fugitive since then.
The federal court in February 2018 issued a superseding indictment charging Ignatova with conspiracy to commit securities fraud and securities fraud, in addition to the other federal charges against her.
Prosecutors in Germany also have charged Ignatova with crimes related to the alleged fraud scheme.
The FBI added her to its most wanted list in 2022 and is offering a $100,000 reward for information leading to her arrest.
Fancy Dance (2024) – Movie Review
Read the Ruling by the Virginia Court of Appeals
John Kerry used government email alias as secretary of state, whistleblowers say
NYC pastor is sentenced to 9 years for fraud, including taking a single mom's $90,000
Trump targets House Freedom Caucus chair in intra-party Republican primary feud
Tracking a Single Day at the National Domestic Violence Hotline
World's largest arms expo in Paris marred by ongoing conflicts
George Strait sets a new record for the largest ticketed concert in U.S. history
