Edijala Patrick

Edijala Patrick is a successful forex and cryptocurrency enthusiast, Author, Coach, and Trader with an experience of over seven years. He is passionate about sharing his knowledge, ideas, and views on finance, the stock exchange market, investing, business, web3, and the metaverse through his writings.He has written several articles in cryptocurrency and forex, has trained over 200 successful forex and cryptocurrency experts in the space, and is looking to explore many other areas of interest. Also, a seasoned author with books on cryptocurrency and forex trading currently published on the Amazon space.

Iran is Apparently Trying to Turn One of the World’s Most Dangerous Shipping Lanes Into a Bitcoin Market

Iran Wants to Turn the Strait of Hormuz Into A Bitcoin Market State-linked Fars News has reported that Iran’s economy ministry has been quietly developing a plan called Hormuz Safe, a maritime insurance platform designed to provide coverage for cargo vessels navigating the Persian Gulf, the Strait of Hormuz, and surrounding waterways. The twist that…

iran, strait of hormuz, crypto news, dipprofit.com

A Crypto bridge was quietly drained of $11.6 million and nobody noticed until it was too late

The Crypto Bridge Verus Protocol quietly drained of $11.6 million On Monday, the crypto bridge named Verus Protocol’s Ethereum bridge became the latest victim in what is turning into one of crypto’s most brutal stretches of security failures. A hacker walked away with at least $11.58 million in cryptocurrency — not through some sophisticated cryptographic…

crypto bridge, verus protocol, crypto news, dipprofit.com

THORChain Halts Trading After Suspected A $10 Million Exploit

THORChain Halts Trading After Suspected Exploit THORChain, a decentralized cross-chain liquidity protocol, has suspended all trading and signing operations following a suspected exploit exceeding $10 million. The halt was triggered after blockchain investigator ZachXBT flagged suspicious activity across multiple blockchains. The THORChain alerts Telegram channel announced the pause, extending it to block 26191149, an estimated…

thorchain, dune, crypto news, dipprofit.com

Fidelity Just Launched a Tokenized Crypto Fund on Chainlink Rated By Moody

Fidelity Just Launched a Tokenized Crypto Fund on Chainlink Fidelity International, a firm that manages roughly one trillion dollars in client assets and has been a quiet, conservative pillar of institutional investment management for decades, has launched a tokenized liquidity fund. Not announced it. Not filed paperwork. Not published a research paper exploring the theoretical…

fidelity, fidelity international, crypto news, chainlink, dipprofit.com

Morgan Stanley Eyes Coinbase’s Crypto Exchange Dominance

Morgan Stanley Vs. Coinbase Traditional finance giant Morgan Stanley is making a serious play to compete with Coinbase in the cryptocurrency exchange space, signaling that Wall Street’s appetite for digital assets continues to grow. The move represents a significant shift in how legacy financial institutions view crypto infrastructure, with one of the world’s largest investment…

morgan stanley, coinbase, crypto news, dipprofit.com

MicroStrategy’s Saylor Mulls Bitcoin Sales to ‘Inoculate the Market’ Amid Price Volatility

MicroStrategy’s Saylor Mulls Bitcoin Sales to ‘Inoculate the Market’ MicroStrategy executive Michael Saylor has suggested the company may consider selling portions of its massive Bitcoin holdings as a strategic move to stabilize market conditions. The proposal, framed as an effort to ‘inoculate the market’ against volatility, marks an intriguing shift in how major institutional Bitcoin…

bitcoin, microstrategy, bitcoin news

European Banks Embrace Crypto Trading as MiCA Regulation Drives Mainstream Adoption

European Banks Embrace Crypto Trading Major European Banks are integrating Bitcoin and Ethereum trading directly into their existing brokerage platforms, signaling a fundamental shift in how traditional banks approach digital assets. KBC, Belgium’s largest bank-insurance group, became the latest institution to enable regulated cryptocurrency trading for retail investors through its Bolero self-directed brokerage platform earlier…

european banks, crypto news, dipprofit.com

US Treasury Discusses Dollar Swap Lines with Gulf and Asian Partners Amid Iran War Fallout

US Treasury Discusses Dollar Swap Lines with Gulf and Asian Partners The US Treasury is in active discussions to establish currency swap lines with Gulf and Asian nations, Treasury Secretary Scott Bessent announced on Friday. The move comes as multiple allies seek assistance in managing economic fallout from the ongoing Iran conflict. Bessent has not…

US Treasury, forex news