Crypto is everywhere these days. It has become a part of everyday life for many tech-savvy professionals and investors. Whether you’re a trader, a gamer who plays games on platforms like 777bet fun, or simply sending crypto to your friends you must have heard about the recent major cybersecurity breach with Bybit. The recent Bybit exchange hack that led to stealing millions of dollars worth of crypto, is still sending shock waves throughout the industry.
Let’s try to understand exactly what happened during the Bybit hack, the reasons and how you can protect your assets from such situations.
What happened during the Bybit exchange hack?
In February 2025, Bybit made global headlines for all the wrong reasons that it had suffered a huge security breach. Hackers broke into Bybit inner systems and stole over $600 million worth of crypto, making it the largest crypto hack ever.
The hack started quietly. At first, Bybit noticed weird activity with users’ accounts. Some customers couldn’t log in, others found that their account balances were mysteriously emptied. Within hours, Bybit confirmed the worst-case scenario: hackers had compromised their security and drained millions from user wallets.
For teens and younger users especially, seeing such a major hack unfold in real-time was shocking. Many had trusted Bybit with their crypto, only to see their savings vanish overnight. Social media exploded with reactions, questions, anger, and fear, all demanding answers from Bybit.
How did the hackers pull off the biggest crypto hack?
Everyone’s big question was, “How did hackers manage such a huge attack?”. The hackers discovered and exploited vulnerabilities in Bybit’s security protocols. Bybit reportedly had some weaknesses in its security systems, which led to this incident. Another important factor was social engineering: hackers pretended to be trusted insiders or staff, tricking employees into giving them access to critical internal systems related to approving blockchain transactions.
Crypto exchanges usually keep some crypto in “hot wallets” so was Bybit. They stored large amounts of crypto in these online wallets and once hackers gained access, transferring all the coins was a relatively easy task.
The immediate impact of the Bybit hack
The Bybit hack didn’t just affect the exchange itself — it had ripple effects across the whole crypto market:
Panic selling and market crash
As soon as news of the hack spread, investors panicked. Many of those who might have invested their allowance or small savings, rushed to sell their crypto. Bitcoin, Ethereum, and other popular coins prices dropped immediately.
Loss of trust in exchanges
Bybit was considered safe and reliable before the hack. But after such a huge breach, many users felt betrayed. They started to doubt not just Bybit, but in Binance, OKX and crypto exchanges in general, wondering if their crypto was truly secure anywhere online.
Calls for tougher regulations
The massive hack prompted governments worldwide to demand stricter rules for crypto exchanges. Regulators tried to implement measures to further protect investors’ assets claiming that the security measures taken by Bybit were not enough.
What happened next
After the massive breach Bybit had to quickly take action.
Bybit detected unauthorized activity involving one of our ETH cold wallets. The incident occurred when our ETH multisig cold wallet executed a transfer to our warm wallet. Unfortunately, this transaction was manipulated through a sophisticated attack that masked the signing…
February 4, 2025, 2:15 AM UTC: Bybit users report login issues and missing account balances on social media.
February 4, 2025, 3:30 AM UTC: Bybit confirms suspicious activity internally and temporarily disables withdrawals and deposits.
February 4, 2025, 6:00 AM UTC: Bybit officially announces the hack on Twitter, confirming initial losses over $600 million.
February 4, 2025, 9:00 AM UTC: Panic spreads; Bitcoin price drops significantly as investors react.
February 5, 2025: Bybit engages top cybersecurity firms and law enforcement to investigate.
February 7, 2025: Hack traced to vulnerabilities in hot wallet system and social engineering attacks on employees. February 10, 2025: Bybit outlines plans for reimbursing affected customers and announces enhanced security measures.
February 15, 2025: Regulatory authorities begin official investigations into Bybit’s security practices.
March 2025: Bybit gradually resumes operations, offering partial customer reimbursements and full transparency reports.
April 2025: Bybit completes security upgrade; begins full service restoration. Ongoing legal and regulatory review continues.
Here’s what happened next:
Emergency measures
Bybit immediately shut down deposits and withdrawals to prevent further losses. They hired top security firms to strengthen their systems and find out exactly how the breach happened. Bybit promised to rebuild trust by making their security stronger than ever before.
Compensations
Understanding that young customers were deeply affected, Bybit announced plans to reimburse users who lost their crypto. While this helped ease some anxiety, many young users remained worried about trusting the exchange again.
Legal and regulatory challenges
Due to the massive size of the hack, Bybit faced investigations and possible legal consequences. Regulators began closely watching Bybit and similar exchanges, signaling tighter rules in the future. Young crypto users watched closely to see if stricter rules would ultimately make crypto safer or less fun.
How to keep your crypto safe: Post-Bybit hack lessons
Use hardware wallets because they are the safest way to protect your crypto. Even if an exchange is hacked, your crypto stays safe because it’s stored offline. Be careful with hot wallets and only keep small amounts in hot wallets for daily spending or gaming. Store the majority of your crypto safely offline. Always enable 2FA on every crypto account. It adds a second layer of protection, making it harder for hackers to access your account. Don’t reuse passwords. Use a strong, unique password for each crypto account. Use password managers to help you securely store these complicated passwords.
Can trust be restored in crypto exchanges after Bybit?
The big question after a massive hack like Bybit’s is: Can exchanges ever fully regain trust? For young investors, trust matters — a lot. Crypto is exciting, fun, and filled with opportunities, but trust is key for continued participation.
After Bybit’s quick response, promises of reimbursement, and improved security measures, some trust began returning. However, rebuilding trust fully takes time. Young investors need reassurance that exchanges genuinely care about security and customer safety.
Investors are often attracted to dividend-paying stocks because of the income they produce. Dividend stocks provide income even while the price of the stock can fluctuate.
Some companies pay monthly dividends, which provide more consistent cash flow for investors. Nearly 80 stocks pay a monthly dividend.
You can download our full list of monthly dividend-paying stocks (along with price-to-earnings ratios, dividend yields, and payout ratios) by clicking on the link below:
Ellington Financial Inc (EFC) is a Real Estate Investment Trust (REIT) that pays a monthly dividend. The stock has a very high dividend yield of 11.8%.
However, such high-yielding stocks can be flashing a warning sign that the underlying business is facing challenges. Stocks with extremely high yields above 10% might disappoint investors with a dividend cut later on. Those “yield traps” should be avoided.
This article will examine Ellington Financial’s business model, growth prospects, and its dividend safety.
Business Overview
Ellington Financial only transitioned into a REIT at the beginning of 2019. Before this, the trust was taxed as a partnership. It is now classified as a mortgage REIT.
Ellington Financial is a hybrid REIT, meaning that the trust is a combination of an equity REIT, which owns properties, and mortgage REITs, which invest in mortgage loans and mortgage-backed securities.
The company manages mortgage-backed securities backed by prime jumbo loans, Alt-A loans, manufactured housing loans, and subprime residential mortgage loans.
Ellington Financial has a market capitalization of about $1.2 billion. You can see a snapshot of Ellington’s investment portfolio in the image below:
On February 27th, 2025, Ellington Financial reported its Q4 results for the period ending December 31st, 2024. Due to the nature of the company’s business model, Ellington doesn’t report revenue. Instead, it records only income.
For the quarter, gross interest income was $108 million, up 9.4% year over year and 6.2% quarter over quarter. Adjusted (previously referred to as “core”) EPS was $0.45, $0.18 better than Q4 2023 and five cents higher than Q3 2024.
The rise was driven by strong originations and securitization-related gains in Longbridge Financial, which the company purchased in 2022. Ellington’s book value per share fell from $13.66 to $13.52 for the quarter.
Growth Prospects
Ellington’s EPS generation has been quite inconsistent over the past decade, as rates have mainly been decreasing over that time. As a result, its per-share dividend has also mostly been falling since 2015.
However, the company has done its best to diversify its portfolio and reduce its performance variance.
Additionally, its residential mortgage investments are diversified among many different security types (Non-QM, Reverse mortgages, REOs, etc.).
Ellington has taken steps not to concentrate its risk its portfolio, which improves economic return volatility.
Ellington has designed its portfolio in such a way that movements in rates over time won’t have a major impact on its overall portfolio.
The Federal Reserve has stated it is likely to decrease interest rates in the future if inflation reaches its target, which would benefit the company.
At Ellington’s current portfolio construction, a 50 basis point decline in interest rates would result in $2.2 million in equity gains (i.e., 0.14% of equity), while a 50 basis point increase in rates would result in losses of $9.7 million (-0.61% of equity).
We expect 1% annual EPS growth over the next five years for EFC.
Competitive Advantage & Recession Performance
Ellington does not possess any significant competitive advantage, but one advantage is that the balance sheet remains of high quality.
For instance, EFC’s recourse debt to equity ratio was 1.8x in Q4, stable on a sequential basis but down from 2x at the end of 2023 due to a decline in borrowings on its smaller but more highly levered Agency RMBS portfolio and a drop in its recourse borrowings related to its securitization of proprietary reverse mortgage loans.
Regarding recession performance, Ellington Financial was not a public company during the Great Recession, but its share price was decimated at the onset of the COVID-19 pandemic.
EFC’s earnings and dividends have recovered since the pandemic ended, but both measures remain below their 2014 levels.
Dividend Analysis
Ellington Financial has a volatile dividend history with multiple reductions followed by increases. The company cut its monthly dividend from $0.15 to $0.08 in Q1 2020 due to the pandemic, but management has increased it several times since then.
In Q4 2023, EFC cut the monthly dividend from $0.15 to $0.13, which the board approved to build some equity value. The dividend has remained at the same rate since. Currently, EFC has an annual dividend payout of $1.56 per share.
This is a problematic sign for the dividend’s safety, and therefore, the company’s DPS should not be seen as safe for the time being.
With a yield approaching 12%, the stock is undoubtedly attractive for income investors, although a high level of volatility is to be expected.
Ellington’s payout ratio has averaged 85% over the last five years, though it has often been above 100% previously. Investors should be aware that the expected payout ratio for 2025 is 111%.
Since its IPO, the company has paid cumulative dividends in excess of $34/share, which is nearly three times its current share price. Therefore, it has delivered a solid income stream to its shareholders over the years.
Final Thoughts
High-yield dividend stocks must always be considered carefully, as their elevated yield is often a warning sign of fundamental deterioration.
This seems to be the case with Ellington Financial, as the company has exhibited great volatility in its dividend payments.
The trust has a diversified loan portfolio and has successfully increased its profitability over time. Ellington Financial’s dividend yield also looks safe for now, though another cut could be possible if the trust saw a slowdown in its business.
EFC has an attractive yield of 11.8%, but the stock carries an elevated level of risk.
Additional Reading
Don’t miss the resources below for more monthly dividend stock investing research.
And see the resources below for more compelling investment ideas for dividend growth stocks and/or high-yield investment securities.
Thanks for reading this article. Please send any feedback, corrections, or questions to [email protected].
We break it all down in this week’s episode of Market Buzz.
Well, folks, it is the last day of the first quarter of 2025. And it is safe to say it has been a rocky quarter. Over the last three months, the S&P 500, the Dow and the NASDAQ have lost 6.2%, 7.1% and a whopping 12.2%, respectively.
So, in the latest Navellier Market Buzz, I discuss the culprit for all of this uneasiness: tariffs.
Specifically, I touch on why Wall Street is feeling uncertain about Trump’s announcement regarding Wednesday, April 2 – aka “Liberation Day” – when reciprocal tariffs against U.S. trading partners are expected to be announced.
Now, in addition to the tariff announcement, we’ll also get some crucial economic data this week. So, I also previewed the upcoming Institute for Supply Management (ISM) Services Purchasing Managers’ Index (PMI) report on Thursday – and whether investors can expect to find any signs of hope. I also gave my take on the upcoming jobs data. In short, if the labor market shows signs of weakness, it could encourage the Federal Reserve to cut key interest rates.
Plus, I shared my thoughts on a handful of our stocks as well as fielded some of your excellent questions.
Click the play button below to watch now!
Don’t forget to subscribe to my YouTube channel here if you haven’t already done so. Once you do, you can click a small bell so you can receive an immediate notification of when a new video is posted. We appreciate your continued support!
Now, if you’re like most investors, you’re probably feeling uneasy about the tariff news and the market volatility. But remember, fundamentally superior stocks bounce like fresh tennis balls. And the truth is, some of the market’s crème de la crème AI stocks are offering us a rare “second chance” …
That’s why I teamed up with Eric Fry and Luke Lango to deliver a special broadcast last week. In fact, our latest picks easily have triple-digit upside over the next few months.
Also during this special broadcast, we reveal why nearly a trillion dollars of new investments could soon flood into Phase II of the AI Revolution… how it could accelerate the lucrative AND destructive force behind the phenomenon known as the Technochasm… and what you need to do to prepare (and profit).
The strategy behind Global Water’s asset base makes sense; areas with population growth and relatively scarce water supplies should see ever-rising demand for water. Global Water is well-positioned to grow in such areas.
The utility has many tailwinds, including considerable growth in its recycled water deliveries, massive rate increases, and solid population growth in Phoenix.
Its regulated annual revenues have been growing consistently over the years. During the last decade, the company has grown its revenues at a 5.7% average annual rate. Water is an essential commodity, so its consumption is resilient even under the most adverse economic conditions. As a result, Global Water’s revenues should remain resilient during a potential recession, as was the case during the Great Recession.
We expect organic growth contributions from rate increases, which amounts to another low single-digit gain annually, on average. Like other utilities, Global Water is able to pass through approved pricing increases to its customers, which is a steady, long-term tailwind to revenue.
Overall, thanks to material rate hikes and Global Water’s sustained expansion, we expect the utility to grow its earnings per share at an average annual rate of 6.0% over the next five years.
Dividend Analysis
Water stocks are prized for their stable dividends and consistent dividend growth. Global Water has paid a monthly dividend since May of 2016, with a handful of monthly raises from the initial two cents per share.
The current payout is $0.0253 per share monthly or $0.30 per share annually, and it was not affected by the worst of the coronavirus crisis.
This results in a current yield of 3.0%, which is on the lower for a utility stock. In addition, we are concerned about the dividend’s safety, as Global Water’s earnings haven’t covered the dividend in recent years.
Earnings per share for 2021, 2022, 2023, and 2024 came in at just $0.16, $0.24, $0.33, and $0.24, respectively, whereas the annual dividends were $0.29, $0.30, $0.30, and $0.30 in those years. In other words, Global Water paid out much higher dividends than its earnings during that period. This means the company has a significant shortfall and must fund the payout through other means, including debt and share issuances.
Another feature of Global Water is its dividend growth rate. The company has grown its dividend at a rate of 2.4% over the last five years, which is much lower than the utility sector’s 5-year median dividend growth rate of 5.0%.
We expect Global Water’s earnings per share to total $0.25 in 2025. In such a case, the payout ratio would be above 100% once again. However, thanks to its regulated business and the reliable cash flows resulting from its business model, Global Water can easily borrow funds to support its future dividend. Nevertheless, given the recent years of maintaining a payout ratio well above 100%, the dividend should not be considered entirely safe in the long run.
Final Thoughts
We think Global Water has a positive road ahead regarding earnings growth. Given the multiple sources of organic growth, the company is on a reliable revenue growth trajectory. However, rising interest expenses and maintenance costs are keeping a lid on margins, as they have for years.
With the dividend yield at 3.0%, we see the risk of owning the stock as far outweighing the reward. Despite the merits of receiving dividends on a monthly basis, we do not recommend purchasing Global Water Resources’ stock.
Don’t miss the resources below for more monthly dividend stock investing research.
And see the resources below for more compelling investment ideas for dividend growth stocks and/or high-yield investment securities.
Written by the Market Insights Team Stagflation fears rock dollar
George Vessey – Lead FX & Macro Strategist
Financial markets remain on edge as President Trump’s tariff rhetoric amplifies uncertainty ahead of major trade policy announcements this week. A sea of red across global equity markets this morning marks the start of hectic week. The S&P 500 is heading for its worst quarter since 2022, but more downside is likely amid risk from a prolonged global trade war. Treasuries could see more upside due to risk aversion, whilst the dollar’s safe-haven appeal has diminished, with selling pressure intensifying – a stark contrast to its dominance during past crises as the US exceptionalism narrative fades and stagflation fears rise.
On the economic data front, the Fed’s preferred measure of inflation came in higher than expected for February and the University of Michigan Consumer Sentiment Index fell to a 2-year low, whilst 5-year inflation expectations surged to 4.1% – the highest since 1993. The Atlanta Fed GDP nowcast was adjusted lower to -2.8% for Q1, down from -1.8% earlier last week. All of this added to worries the US is heading for a bout of stagflation at a time when investors are worried that Trump’s trade levies combined with a broader sense of uncertainty will hurt US economic growth while also increasing price pressures.
Over the weekend, President Donald Trump reaffirmed plans to impose reciprocal tariffs on all countries this week and reportedly urged his advisers to take a more aggressive stance on trade policies. Markets are increasingly worried that these measures could trigger retaliation from key trading partners, reignite inflation, and slow economic growth.
Looking ahead, markets will focus on Trump’s tariff announcements, and their implications for trade and inflation, but key data releases will also be monitored, including the March employment report, factory orders, and PMI updates, which will provide insights into the economic impact of trade tensions. Investors will also monitor Fed Chair Powell’s remarks for clues on monetary policy adjustments. With volatility expected to persist, the dollar’s trajectory remains uncertain, shaped by geopolitical developments and shifting sentiment.
Tariffs are backfiring for the U.S.
Kevin Ford – FX & Macro Strategist The US economy is sending mixed signals, creating a challenging landscape for businesses and investors alike. In March, consumer confidence fell sharply, reaching its lowest point since January 2021—a sentiment echoed by the University of Michigan survey. Although S&P PMIs indicated some improvement, the gains were concentrated in the services sector, likely supported by favorable weather conditions. Meanwhile, manufacturing PMIs weakened, possibly reflecting earlier front-loading.
Compounding this uncertainty, tariffs remain a source of inflationary pressure concerns, raising critical questions for the Federal Reserve: Will these tariff-driven price increases prove temporary, or will they spark more persistent inflationary effects? Recent data has done little to ease concerns. On Friday, the core PCE deflator rose 0.4% month-over-month, surpassing expectations. At the same time, real personal spending edged up by just 0.1% month-over-month, while January’s contraction was revised further downward to 0.6%. These developments suggest that declining confidence is beginning to translate into tangible behavioral shifts. Inflation expectations are also trending higher, as revealed in the final University of Michigan survey, which reported elevated near-term and long-term forecasts.
Looking ahead, beyond the so-called ‘Liberation day’ on Wednesday, markets are focused on the upcoming US labor market report. Nonfarm payroll growth is projected to slow to 125,000 in March, down from February’s 151,000, with risks skewing toward even weaker outcomes as layoffs—particularly in the tech sector—continue to unfold. Meanwhile, the unemployment rate is expected to hold steady at 4.1%, following a slight uptick last month.
At present, soft data paints a more concerning picture than hard data, but the precise point at which sentiment shifts meaningfully impact behavior remains uncertain. For investors, these factors weave a complex narrative. Declining consumer confidence, mounting inflation risks, and potential labor market softening highlight the importance of adaptability and strategic foresight in navigating an increasingly unpredictable economic environment.
Euro pounces on US weakness
George Vessey – Lead FX & Macro Strategist
European stock markets declined sharply on Friday, with the Stoxx 50 dropping 1.1% and the Stoxx 600 falling 0.8%, marking its third consecutive negative close. But the euro ended the week on a stronger footing versus the US dollar as traders sold the US currency amidst a string of disappointing US data. EUR/USD rebounded back above the $1.08 handle after support held firm around its 50-week moving average at $1.0738.
Investors are closely watching the looming April 2 deadline, when Trump is set to unveil reciprocal tariffs on key trading partners. Trump has already announced a 25% tariff on imported cars and light trucks, set to take effect this week. While uncertainty over tariffs is weighing on markets, the initial announcement could pave the way for further negotiations, potentially softening the final impact. In fact, the European Commission has signalled that it has prepared concessions for the US to escape reciprocal tariffs.
Meanwhile on the data front last week, the eurozone’s latest economic activity indicator showed the fastest expansion in seven months, with the composite PMI inching up to 50.4. While this was slightly below market expectations, the manufacturing sector outperformed, offering a glimpse of optimism for an economy that has struggled with stagnation. Germany led the improvement, as anticipation builds over the economic boost from its newly approved fiscal expansion focused on infrastructure and defence.
Europe’s fiscal boost still supports the medium-term bullish outlook for the euro, which is why the repricing at the back end of the euro’s volatility skew shows sentiment is the least bearish for the euro in over three years.
Preliminary inflation readings from Italy, Germany and the wider euro-region are also due this week, but will play second fiddle to tariff developments.
Tariff resilience underpins positive pound view
George Vessey – Lead FX & Macro Strategist
Due to concerns that President Trump’s tariffs will ignite inflation and dampen economic growth in the US, dollar selling is acting as a tailwind for GBP/USD, which is looks to be clawing its way back towards $1.30. With a gain of over 3%, the pound is on track for its best month since November 2023 against the US dollar, whilst April is one of the pair’s strongest months of the year historically.
On the domestic front, despite the UK government’s fiscal plans facing mounting scrutiny, the pound has held up relatively well in the wake of the Spring Statement. Gilts remain vulnerable as concerns over sustainability of the spending plan take centre stage, with the fiscal buffer eroding. But investors aren’t dumping the pound and gilts simultaneously like they were at the start of the year when confidence in UK policy was bleak, and stagflation fears were rising. A slew of data last week showed UK services PMI beating expectations, offsetting the fall in manufacturing, whilst retail sales, rose 1% m/m in February – against exceeding consensus forecasts and keeping Bank of England easing bets at bay, with just two more rate cuts fully priced in by year-end.
Meanwhile, sterling appears to hold an international advantage when it comes to tariffs as well. Optimism that the UK will avoid the worst of Trump’s reciprocal tariff plan makes it an attractive hedge against tariff noise. This is also evident via its rare positive (albeit weak) correlation with the VIX fear index. President Trump has suggested he may not take all of the non-tariff barriers into account when setting tariff rates, specifically mentioning VAT taxes, which will be welcomed by the UK. The UK’s greater resilience to direct tariffs than the eurozone could also act as a tailwind for GBP/EUR, which is hovering beneath the €1.20 handle this morning.
Gold surges to record high Table: 7-day currency trends and trading ranges
*The FX rates published are provided by Convera’s Market Insights team for research purposes only. The rates have a unique source and may not align to any live exchange rates quoted on other sites. They are not an indication of actual buy/sell rates, or a financial offer.
As a layer-2 scaling solution for Ethereum, Polygon delivers faster and more cost-effective transactions which makes it an excellent choice for online casino platforms. The gaming competition remains fierce in 2025 yet particular platforms succeed in distinguishing themselves.
This write-up examines the leading 5 Polygon MATIC casinos and gambling websites available in 2025 while detailing their core features and the advantages and disadvantages of each. This guide will help both experienced crypto gamblers and beginners discover their ideal platform to achieve an enjoyable and rewarding gaming experience.
FortuneJack – 500% up to 150,000 USDT + 500 free spins
What we looked for in the best Polygon casinos
During the creation of our list, we evaluated multiple essential aspects to deliver a secure, entertaining, and profitable gambling experience.
Security and fairness: Our selection process focused on casinos that implement strong security measures through SSL encryption and provably fair gaming technology.
Game selection: The ideal game selection features classic slots and table games along with live dealer options and cutting-edge crypto games.
Bonuses and promotions: Welcome bonuses that are generous along with continuous promotions and VIP programs greatly improve your gambling experience.
User experience: Users need a friendly interface together with mobile compatibility and responsive customer support to achieve an uninterrupted enjoyable experience.
Payment options: The availability of multiple cryptocurrencies and fiat payment methods offers users both flexibility and ease of payment.
Top 5 Polygon gambling sites for 2025
Let’s get right into our top-ranked Polygon casinos for 2025!
1. Jackbit – Versatile platform with sports betting & casino games
Jackbit operates as a crypto casino platform that provides entertainment options for players from all backgrounds. The site presents more than 6,000 games including slots and table games as well as live casino options ensuring there’s always a choice for all users, and there is no doubt that Jackbit is one of the top crypto casinos available. It features a specialized sportsbook section for sports and esports betting enthusiasts.
The generous welcome offer distinguishes Jackbit above other platforms. Beginners receive 100 free spins on the Book of Dead slot game after they deposit a minimum of $50 and input the promo code “WELCOME.” Jackbit provides sports fans with a risk-free first sports bet through their 100% cashback policy for losing bets.
Jackbit uses an uncomplicated rakeback system to provide rewards in proportion to a player’s total bets. Regular players at Jackbit receive higher rewards which makes it ideal for avid gamblers.
Pros:
The platform offers more than 6,000 games, ensuring players always have access to fresh entertainment options
It combines casino games, esports, and live casino experiences, catering to a wide range of player preferences
A simple rakeback system rewards frequent users with consistent earnings
It supports 18 cryptocurrencies, making transactions convenient for crypto users
Cons:
The site’s small font size and slightly awkward design creates usability problems for users
The 100 free spins bonus offer is less generous compared to similar promotions from other casinos
The mandatory $50 deposit requirement serves as an obstacle to potential players
The casino leaves the minimum withdrawal amount unspecified
2. Flush.com – Modern design & elite VIP rewards
Although Flush.com recently entered the online casino industry it has established its reputation through its advanced interface alongside its emphasis on user privacy. The casino delivers an easy-to-use experience alongside a diverse game selection and appealing bonuses for all players including newcomers.
Flush.com provides a two-level welcome bonus which gives players a 100% bonus on their deposits between $10 and $200 and offers a 150% bonus on deposits between $200 and $1,000. The maximum bonus amount at Flush.com is lower than some competitors but its wagering requirement of 30x makes unlocking the bonus funds easier.
Loyal players at Flush.com have access to a 10-tier VIP program that provides elite rewards such as free spins and cashback alongside exclusive bonuses. This casino offers immediate deposit and withdrawal options to provide its users with easy banking access.
Pros:
Flush.com’s 10-tier VIP system provides loyal players with progressively more rewarding benefits
Users can conduct both deposits and withdrawals quickly for uninterrupted banking operations
The platform is dedicated to protecting user data and anonymity
It accepts both traditional and cryptocurrency payment methods
Cons:
The welcome bonus amount falls short compared to what other competitors provide
The platform fails to satisfy sports enthusiasts who enjoy both casino games and sports betting activities
It provides fewer casino games than most of its competitors
The platform is not licensed in some restricted jurisdictions
3. BC.Game – Sleek design & unmatched bonuses
BC.Game is a top crypto sportsbook, dominating the crypto casino industry through its elegant design and extensive game library as well as its rewarding bonus programs. The casino provides a deeply engaging experience by offering extensive choices for casino gaming along with sports betting options.
The multi-deposit bonus package makes BC.Game a standout choice in the crypto casino market. New players receive up to 470% bonus on their first four deposits plus 400 free spins. The welcome offer gains additional worth through a 200% freebet bonus available to sports betting fans.
BC.Game includes a progress ladder feature that helps players earn points to ascend levels and unlock increased multipliers for bonus rewards. The platform enables effortless banking with its support for 18 primary blockchain networks such as Bitcoin, Ethereum, Dogecoin, and XRP.
Pros:
The modern design works seamlessly on all devices, delivering an optimized user experience
The platform offers a wide selection of crypto and fiat payment methods for hassle-free transactions
It provides a single destination for casino games, live casino games, sportsbook events, lottery opportunities, and esports betting
Users have access to a massive library featuring more than 9,000 different casino games
Cons:
Users cannot exchange the BCD token through any outside trading platforms
Winnings from free spins come with a high 60x wagering requirement
The platform is unavailable in some countries
4. Bitz Casino – Fast transactions & competitive sportsbook
Bitz Casino entered the market in 2023 as a new player but rapidly built its reputation through its integrated sportsbook platform alongside smooth payment processing for cryptocurrencies and fiat currencies and its unique Telegram bot for enhanced mobile gaming experiences.
Bitz Casino provides players with a no-deposit 240 USDT bonus for Thunder and Love slot despite its welcome bonus not being very impressive. The 29x wagering requirement qualifies as one of the industry’s lowest standards which simplifies the process of unlocking bonus funds.
Bitz Casino features a unique selection of 98% RTP slots that provide top return-to-player options in the crypto casino market. You can enjoy gaming on your Android device anytime thanks to the available APK file.
Pros:
This platform provides the most straightforward path to releasing bonus funds in the marketplace with low wagering requirements
It offers numerous options for placing sports bets through a competitive sportsbook
A special category of high RTP slots ensures better returns for players
Telegram bot integration enhances the mobile gaming experience
Cons:
The 100% match welcome bonus isn’t the most generous compared to other platforms
The platform supports fewer cryptocurrencies than some of its competitors
5. FortuneJack – Established brand with massive bonuses
FortuneJack has been operating in the crypto casino industry since 2014. The casino established itself as reliable while offering extensive game options and generous bonus rewards.
FortuneJack offers new players up to 500% bonus plus 500 free spins spread across their first four deposits. New players receive a special no-deposit bonus granting 100 free spins when they sign up.
The casino FortuneJack stands out as an ideal destination for gambling fans because it hosts a full sportsbook alongside its casino game offerings. Banking is quick and secure because FortuneJack accepts multiple cryptocurrencies.
Pros:
The platform allows users to make deposits and withdrawals using numerous cryptocurrencies
It offers a comprehensive sportsbook that caters to both sports and esports enthusiasts
The platform has built a trusted reputation over many years within the cryptocurrency gambling sector
The welcome bonus package includes up to 500 free spins, making it a generous offer for new users
Cons:
The platform offers fewer games than some of its competitors
It does not support traditional payment methods
The $25 minimum deposit requirement might deter some players from participating
How to get started with Polygon casinos
Set up your wallet: You need to use a wallet such as MetaMask for holding and moving MATIC.
Choose a casino: From our list of top-rated casinos choose one to start your gaming experience.
Deposit funds: Use your wallet to send MATIC to your casino account.
Claim your bonus: Take advantage of welcome bonuses and promotions.
Start playing: Browse through the game selection to enhance your gambling session.
The bottom line
Our top 5 Polygon casinos each provide distinctive combinations of features alongside their bonuses and gaming choices. Your optimal choice will depend on what features matter most to you. Research carefully to find a casino that meets your needs and ensure you gamble responsibly.
If you’d like to gamble with other cryptocurrencies apart from Polygon, check out the following articles:
Goldman Sachs economists raised their forecast for Federal Reserve interest rate cuts to three this year and increased the probability of a U.S. recession to 35%, as President Donald Trump’s tariffs put pressure on economic growth.
Goldman had previously forecast two rate cuts this year.
Economists led by Jan Hatzius said they believe upcoming tariffs to be announced on April 2 hold a greater risk “than many market participants have previously assumed.”
Goldman Sachs economists raised their forecast for Federal Reserve interest rate cuts to three this year and increased their probability of a U.S. recession to 35%, as President Donald Trump’s tariffs put pressure on economic growth.
“We continue to believe the risk from April 2 tariffs is greater than many market participants have previously assumed,” economists led by Jan Hatzius wrote in note Sunday.
The economists said they see the Federal Reserve reducing rates in July, September and November—up from their previous projection of two cuts this year. They noted that “the downside risks to the economy from tariffs have increased the likelihood of a package of 2019-style ‘insurance’ cuts” by the Fed.
Goldman also increased its 12-month recession probability to 35% from 20%, pointing to “soft data” such as a sharp deterioration in household and business confidence and a slowing in real economic growth.
The investment bank raised its forecast for core PCE inflation this year to 3.5%, reduced its GDP growth projection to 1% on a Q4/Q4 basis and increased its outlook for 2025 U.S. unemployment to 4.5%.
The S&P 500 plunged on Friday and has lost ground in five of the past six weeks amid concerns about the impact of tariffs and the outlook for the economy.
The index broke down below a flag pattern in Friday’s trading session, potentially paving the way for a continuation move lower.
Investors should monitor crucial support levels on the S&P 500’s chart around 5,445 and 5,260, while also watching key resistance levels near 5,875 and 6,090.
The S&P 500 (SPX) lost ground last week amid uncertainty about the impact of tariffs and growing concerns the economy could be headed toward a recession.
The index, which has lost ground in five of the last six weeks, could see heightened volatility this week with new tariffs expected on Wednesday, a day President Trump has referred to as “Liberation Day.”
The S&P 500 trades 9% below its record high set last month as the Trump administration’s on again, off again tariff policy has sparked concerns that inflation could reignite and economic growth could stall. The benchmark index fell 2% on Friday to close at 5,581.
Below, we take a closer look at the S&P 500’s chart and apply technical analysis to identify crucial levels worth watching out.
Flag Pattern Breakdown
After falling below the closely watched 200-day moving average, the S&P 500 formed a flag in the second half of March before breaking down below the pattern in Friday’s trading session, potentially paving the way for a continuation move lower.
It’s also worth pointing out that the relative strength index failed to climb back above the 50 threshold during the index’s recent upswing, signaling underlying weak buying momentum.
Let’s identify several crucial support and resistance levels on the S&P 500’s chart that that investors may be monitoring.
Crucial Support Levels to Monitor
Further downside this week could see the index initially decline to around 5,445. This location may provide support near the lower range of a consolidation period that formed on the chart in June last year, which closely aligns with troughs in July and September.
The bulls’ inability to defend this important technical level sets the stage for a possible drop to the 5,260 area. Those who invest in the index may seek buying opportunities in this region near last year’s prominent March peak, the May pullback trough, and the early-August swing low.
Interestingly, this area also sits in the same vicinity as a projected bars pattern target that takes the index’s move lower in October 2023 following a flag pattern on the chart and overlays it from the current flag pattern.
Key Resistance Levels Worth Watching
A recovery effort could see an initial upswing to around 5,875. The index finds a confluence of resistance at this level near the downward sloping 50-day MA and a trendline that connects a range of similar price points on the chart stretching back to the October peak.
Finally, a breakout above this area may see the S&P 500 climb to the 6,090 level. Market watchers would likely scrutinize this region as it could provide resistance near multiple peaks on the chart positioned just below the index’s record high set last month.
The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read our warranty and liability disclaimer for more info.
As of the date this article was written, the author does not own any of the above securities.
Financial markets remain on edge as President Trump’s tariff rhetoric amplifies uncertainty ahead of major trade policy announcements this week. A sea of red across global equity markets this morning marks the start of hectic week. The S&P 500 is heading for its worst quarter since 2022, but more downside is likely amid risk from a prolonged global trade war. Treasuries could see more upside due to risk aversion, whilst the dollar’s safe-haven appeal has diminished, with selling pressure intensifying – a stark contrast to its dominance during past crises as the US exceptionalism narrative fades and stagflation fears rise.
On the economic data front, the Fed’s preferred measure of inflation came in higher than expected for February and the University of Michigan Consumer Sentiment Index came in softer than expected, whilst 5-year inflation expectations surged to 4.1% – the highest in decades. The Atlanta Fed GDP nowcast was adjusted lower to -2.8% for Q1, down from -1.8% earlier last week. All of this added to worries the US is heading for a bout of stagflation at a time when investors are worried that Trump’s trade levies combined with a broader sense of uncertainty will hurt US economic growth while also increasing price pressures.
Over the weekend, President Donald Trump reaffirmed plans to impose reciprocal tariffs on all countries this week and reportedly urged his advisers to take a more aggressive stance on trade policies. Markets are increasingly worried that these measures could trigger retaliation from key trading partners, reignite inflation, and slow economic growth.
Looking ahead, markets will focus on Trump’s tariff announcements, and their implications for trade and inflation, but key data releases will also be monitored, including the March employment report, factory orders, and PMI updates, which will provide insights into the economic impact of trade tensions. Investors will also monitor Fed Chair Powell’s remarks for clues on monetary policy adjustments. With volatility expected to persist, the dollar’s trajectory remains uncertain, shaped by geopolitical developments and shifting sentiment.
Euro pounces on US weakness
George Vessey – Lead FX & Macro Strategist
European stock markets declined sharply on Friday, with the Stoxx 50 dropping 1.1% and the Stoxx 600 falling 0.8%, marking its third consecutive negative close. But the euro ended the week on a stronger footing versus the US dollar as traders sold the US currency amidst a string of disappointing US data. EUR/USD rebounded back above the $1.08 handle after support held firm around its 50-week moving average at $1.0738.
Investors are closely watching the looming April 2 deadline, when Trump is set to unveil reciprocal tariffs on key trading partners. Trump has already announced a 25% tariff on imported cars and light trucks, set to take effect this week. While uncertainty over tariffs is weighing on markets, the initial announcement could pave the way for further negotiations, potentially softening the final impact. In fact, the European Commission has signalled that it has prepared concessions for the US to escape reciprocal tariffs.
Meanwhile on the data front last week, the eurozone’s latest economic activity indicator showed the fastest expansion in seven months, with the composite PMI inching up to 50.4. While this was slightly below market expectations, the manufacturing sector outperformed, offering a glimpse of optimism for an economy that has struggled with stagnation. Germany led the improvement, as anticipation builds over the economic boost from its newly approved fiscal expansion focused on infrastructure and defence.
Europe’s fiscal boost still supports the medium-term bullish outlook for the euro, which is why the repricing at the back end of the euro’s volatility skew shows sentiment is the least bearish for the euro in over three years.
Preliminary inflation readings from Italy, Germany and the wider euro-region are also due this week, but will play second fiddle to tariff developments.
Tariff resilience underpins positive pound view
George Vessey – Lead FX & Macro Strategist
Due to concerns that President Trump’s tariffs will ignite inflation and dampen economic growth in the US, dollar selling is acting as a tailwind for GBP/USD, which is looks to be clawing its way back towards $1.30. With a gain of over 3%, the pound is on track for its best month since November 2023 against the US dollar, whilst April is one of the pair’s strongest months of the year historically.
On the domestic front, despite the UK government’s fiscal plans facing mounting scrutiny, the pound has held up relatively well in the wake of the Spring Statement. Gilts remain vulnerable as concerns over sustainability of the spending plan take centre stage, with the fiscal buffer eroding. But investors aren’t dumping the pound and gilts simultaneously like they were at the start of the year when confidence in UK policy was bleak, and stagflation fears were rising. A slew of data last week showed UK services PMI beating expectations, offsetting the fall in manufacturing, whilst retail sales, rose 1% m/m in February – against exceeding consensus forecasts and keeping Bank of England easing bets at bay, with just two more rate cuts fully priced in by year-end.
Meanwhile, sterling appears to hold an international advantage when it comes to tariffs as well. Optimism that the UK will avoid the worst of Trump’s reciprocal tariff plan makes it an attractive hedge against tariff noise. This is also evident via its rare positive (albeit weak) correlation with the VIX fear index. President Trump has suggested he may not take all of the non-tariff barriers into account when setting tariff rates, specifically mentioning VAT taxes, which will be welcomed by the UK. The UK’s greater resilience to direct tariffs than the eurozone could also act as a tailwind for GBP/EUR, which is hovering beneath the €1.20 handle this morning.
*The FX rates published are provided by Convera’s Market Insights team for research purposes only. The rates have a unique source and may not align to any live exchange rates quoted on other sites. They are not an indication of actual buy/sell rates, or a financial offer.
Though Cardano (ADA) and Dogecoin (DOGE) have long been fan favorites, a new viral token called Rexas Finance (RXS) is becoming rather popular. Analysts estimate that RXS might soar to $5 by the end of 2025, surpassing DOGE and ADA in possible gains with a presale price of just $0.20. By transferring real-world assets (RWA) to the blockchain—a multi-trillion-dollar sector yet mostly unexplored by cryptocurrency—Rexas Finance is making headlines in the market. RXS is a leading contender for explosive development in 2025 as DOGE battles declining prices and ADA encounters opposition.
Dogecoin Value Takes a Downward Spiral
DOGE dropped to $0.21 last week after failing to keep above its $0.30 support, only to be further battered by the current market decline. As investors lose faith, the token trades at $0.1710, down 18.48% weekly. Broader market volatility has hastened this drop; after the White House Crypto Summit and Trump’s crypto reserve announcement, Bitcoin and Ethereum also saw corrections. DOGE has been significantly impacted, though, and analysts forecast more declines. If the current trend continues, DOGE could drop as low as $0.09, marking a new six-month low. Although it might bounce back in the future, its short-term situation is still negative, which forces many investors to look for better chances elsewhere.
Cardano Value Forecast: Could Cardano Ever Hit $5?
Although Cardano (ADA) has been among the top altcoins available lately, its road to $5 is unknown. ADA has lately battled with pricing adjustments despite surging 144% in six months. Currently trading between $0.72 and $0.83, the cryptocurrency is under great demand at $0.99 but faces considerable opposition. Analysts say that if ADA exceeds this level, it may advance above $1.30; yet, a failure to retain necessary support at $0.66 might send it back to $0.46. The technical signs point to ADA being in an overbought zone, implying possible temporary price adjustments. Although long-term development seems bright, the instantaneous price action points to instability and unpredictability. Many investors have, therefore, sought fresh initiatives with more upside potential, such as Rexas Finance (RXS).
Rexas Finance (RXS): Exploring the Multi-Trillion Dollar RWA Market
Rexas Finance (RXS) is a top candidate for a colossal price increase in 2025, unlike speculative meme coins since they are backed by actual value. Rexas Finance is leading the charge as the real-world asset (RWA) tokenizing market is expected to reach multi-trillion dollars. Historically, lack of liquidity and capital restrictions limited high-value assets, including real estate, commodities, and private equity, to only wealthy investors. By letting investors own fractional amounts of valuable assets through a blockchain-powered marketplace, RXS fixes this issue. For instance, a $1 million house might be tokenized into smaller, tradable digital assets, making it more reasonably priced and accessible to a worldwide audience. Both institutional and ordinary investors are pretty interested in democratizing investment.
RXS Presale: Explosive Growth Before Listing
In its last presale stage (stage 12), RXS has raised $47,355,614 and sold 91.36% of its tokens. Before even touching significant exchanges, the price had surged from $0.03 to $0.20, a 567% rise. Rexas Finance has avoided venture capital investment, so it guarantees long-term price stability unlike other crypto companies dependent on VC funding (which results in post-launch sell-offs). Before its exchange launch, investors are flocking to grab RXS at its present discount.
June 19: The Game-Changing Exchange Listing
With its June 19 exchange launch, which will debut on at least three of the top 10 crypto exchanges worldwide, RXS has one of the most significant forthcoming catalysts. This will generate enormous liquidity, exposure, and institutional interest, preparing the ground for a possible parabolic price rise. Analysts predict that the token might reach $5 before the end of 2025 and project a 25x gain from present levels. Right now, RXS is among the most exciting altcoins available based on its solid foundations, practical application case, and expanding investor base.
Conclusion: RXS Outshines DOGE and ADA as the Next Big Crypto
Rexas Finance is surging due to strong investor demand and practical value, while Dogecoin is experiencing price decreases and Cardano is facing strenuous opposition. RXS has positioned itself as a game-changing tool in the crypto market as the RWA tokenizing industry expands. The forthcoming June 19 exchange listing is predicted to send prices skyrocketing, so now is the ideal moment to buy RXS before it explodes. Rexas Finance (RXS) is the clear leader among investors searching for the next great crypto to reach $5.
For more information about Rexas Finance (RXS) visit the links below:
Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.
