In crypto trading, timing is everything and can be the difference between huge profits or disappointing losses. This was made quite clear recently when a crypto whale pocketed $1.8 million in profits from Aave (AAVE) trades but left a staggering $10.9 million on the table due to a poorly timed exit. The whale, identified by the wallet address “0xfc0,” accumulated …
Read More »Click Profit blocked by the FTC over alleged e-commerce scams
The US Federal Trade Commission (FTC) has taken action against the “Click Profit” business opportunity platform for allegedly earning $14 million while deceiving consumers with false promises of guaranteed passive income through online stores. Click Profit is an online business paltform promoted on social media and through websites that claims to help consumers generate passive income by setting up and managing …
Read More »Myer Reports 40% Profit Decline Despite Steady Revenue, Blames Spending Slowdown And Logistics Issues
Department store giant Myer has reported a sharp drop in half-year profits as it recorded a net profit of AU$30 million for the six months ending Dec. 31, marking a 40% decrease compared to the previous period. Myer faces profit decline Myer has attributed the decline to cautious consumer spending and challenges in its business restructuring. Despite this, total revenue …
Read More »Whale closes $516M 40x Bitcoin short, pockets $9.4M profit in 8 days
A Bitcoin whale has closed over half a billion dollars in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week. A large crypto investor, or whale, made nearly $10 million profit after closing a 40x leverage short position for 6,210 Bitcoin (BTC) — worth over $516 million — which functions …
Read More »Bitcoin Price to $20,000? Peter Schiff Shares Bearish Insight as Miners Cash Profit
Key Notes Bitcoin critic Peter Schiff claims that BTC could see a potential drop to $20,000. Bitcoin has formed a symmetrical triangle pattern on the 4-hour chart. BTC miners have sold over 1,000 BTC, cashing in profits worth over $27 million . Gold advocate and Bitcoin critic Peter Schiff has once again shared a bearish forecast for the leading cryptocurrency. …
Read More »Whales Amass $32.9M Profit in 21 Days
Whales have recently been making waves in decentralized finance (DeFi), accumulating millions in tokens like Uniswap (UNI), Maker (MKR), and Bounce (AUCTION) from Binance. In just three weeks, these deep-pocketed traders have built an unrealized profit of $32.9 million, marking an 87% gain on their investments. Whale Activity Heats Up Analysis shared on March 17 by the smart money tracker …
Read More »Profit jumps, sales expected to boom
Rheinmetall MAN Military Vehicle drives on the road on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images German arms maker Rheinmetall on Wednesday said it expects 2025 sales to jump by 25-30% this year, amid expectations of “major high-volume orders from military customers” that could gain a further boost from a recent …
Read More »Volkswagen’s Profit Under Pressure From Tariffs and Competition
Volkswagen’s earnings dropped last year and its profitability may improve only marginally this year, as the automaker repositions its global business to deal with shifting trade policies in the United States and tough competition from its Chinese rivals. Volkswagen is Europe’s largest carmaker, and its reach extends across the globe. While the company’s size and scale served it well for …
Read More »Volkswagen posts 15% fall in annual profit amid restructuring
The new Volkswagen ID. EVERY1 is displayed during the presentation during the presentation of the Volkswagen ID. EVERY1 on March 5, 2025 in Dusseldorf, Germany. Andreas Rentz | Getty Images German autos giant Volkswagen reported a 15% year-on-year drop in annual operating profit on Tuesday, citing increasing costs and “extraordinary expenses” associated with its restructuring strategy. It posted a revenue …
Read More »Bitcoin Supply in Profit Drops To 76% – Over 4.5M BTC Now In Unrealized Loss
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin continues to face massive selling pressure, with its price dropping below the $84,000 mark, marking a 15% decline since the start of March. This downturn has fueled panic selling and rising fear, with many investors now speculating whether Bitcoin is entering a bear market. The recent …
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