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The 10 Most Profitable Football Teams, Ranked

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Professional football is, to put it lightly, a serious business. Data shows that the global sports industry will be worth as much as £55 million in 2019, with football by far the most popular and profitable sport of them all.

But which team is worth the most? Thanks to data from Deloitte, we can see exactly which clubs earned the most revenue during the 2016/2017 season, making it easy to rank the world’s most valuable football teams.

Ready to start? Whether you’re interested in ranking teams for total cash available to spend on players (and thus, their potential to win matches and produce rewards with paid or free bets at the bookmakers) or business value, we’ve ranked the 10 most profitable football teams below.

Juventus

The largest Italian football club earned £255.1 million in 2016, with revenue sources ranging from television contracts, live ticket sales and sponsorship deals with global brands such as Jeep and Adidas.

Liverpool

Liverpool earned £302 million last year, making it the ninth most profitable football club for the third year in a row. Revenue for Liverpool are expected to increase this year, after a new main stand opened at Anfield in September 2016.

Chelsea

Chelsea generated £334.6 million in 2016, making it the eighth most profitable football club in the global rankings. Interestingly, this puts Chelsea further back than usual — the club almost always ranks in the top five in total revenue.

Arsenal

Arsenal ranks number seven in total profitability, earning £350.4 million in 2016. Arsenal usually remains in the top 10 through matchday revenues, with a dedicated audience of fans that attend games in great numbers.

Paris St-Germain

Paris St-Germain almost always ranks in the top five teams for profitability, however the team’s recent earnings have slipped slightly. The club generated £389.6 million in 2016, earning sixth place in the rankings of most profitable football teams.

Manchester City

Usually, Manchester City ranks in the top 10 to 15 football teams by profitability. However, in the last year, the club earned an impressive £392.6 million after a fantastic Champions League run, helping it achieve fifth place in total revenues.

Bayern Munich

German powerhouse Bayern Munich increased its total revenue by 25% in 2016, making it one of the world’s most valuable teams. The team earned £442.7 million over the course of the year, all while winning its 25th Bundesliga title.

Real Madrid

Real Madrid dropped slightly in the rankings for 2016, earning £463.8 million over the course of the year. Once the world’s highest-earning football club, it remains competitive, ending the year in third place in total revenue.

Barcelona

FC Barcelona made its way into second place in total revenue in 2016, generating a total of £463.8 million over the course of the year. Barça also achieved a new Spanish record of 39 matches without a defeat — a streak that finally came to an end in April 2016.

Manchester United

Manchester United almost always ranks near or at the top of most profitable clubs, and 2016 was no exception. The Red Devils earned £515.3 million over the course of the year, putting them at number one in global football club revenue due to lucrative sponsorship deals.

How Does Technological Innovation in Ceramic Safety Knives Help You Save Money in Your Company?

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You would be surprised about how technological innovation is able to do make big changes in your company. Even the simplest object, like box cutters, can make a radically change due to the invention of the ceramic safety knives.

In fact, this is possible. Thanks to the help of technological investment, we have created safe ceramic knives that can guarantee you the reduction of accidents caused by cuts in the installations of your company.

Although it may not seem so, this can be a very common problem in many companies when receiving well packaged parcels.

The Box Cutters that Slice Offers

Slice is a young and very promising company that has been able to create a loyal audience thanks to its first quality products. And mostly, to its technological innovation in a subject that seems very simple: the blades used to cut cardboard. This innovation has been focused on offering a better security in working stations.

On its official website you are able to discover a wide range of products, all developed under the same philosophy of occupational safety.

If you enter their website, you will notice that one of their products has a curved handle. This is made for keeping your hand protected at all times and also to be hung on a safe place while it’s not in use. Despite all these, the real star of this company is ceramics which is a very fine material that only a few of us know all the properties it offers.

The Properties of Ceramics

Ceramics, the main component of these ceramic safety knives, is a very strong material that throughout the centuries has been used in countless things and has took advantage of its many applications. In addition, it has been used to give life to delicate works of art when it has been used properly. This material contains an even less known property. That it is actually a very sharp material, and it does not lose the sharpness as fast as other more common materials.

While it is true that Slice is one of the few companies that has opted to innovate by introducing this material into their products. This is not the first time that ceramics is being used for similar purposes. People in Japan use it to create extremely sharp knives, specially made for the most demanding chefs of Japanese cuisine.

So, if we think about it. It doesn’t sound so far-fetched that Slice has opted for ceramics to offer incredibly amazing safe and effective box cutters.

Technological innovation

These ceramic safety knives are works of art of technological innovation. If you hold them in your hands, you will be amazed at the level of detail and commitment that manufacturers have spent making them. Certainly, Slice and its entire range of box cutters are products of a great investment in innovation and technology. No wonder they have become so successful so far.

Why optimisation is key when building a business

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There’s no doubt that starting a business is a time of endless challenge. With so much to think about, it may seem like your to-do list stretches into eternity.

While difficult, when it comes to business optimisation, you do have a serious luxury on your side. Instead of seeing the launch process as troublesome, try and refocus your mind to see it as an opportunity. For those who are already in business, they have to think on the fly, make changes to their business while it’s running, solve problems as they occur. Doing all of this is inherently complicated, not to mention stressful.

However, as you’re at the beginning of your business journey, you don’t have to worry about dealing with any of those problems while also maintaining a business. You have the luxury of time, to ensure that you put business optimisation at the forefront of your organisation from the start. This will save you time and stress in the future, as well as guaranteeing your business hits the ground running.

So which areas should you be looking into?

Time (Management) Is Of The Essence

Without a doubt, effective time management is one of the most important areas of your business. No company can afford to constantly be seeking to catch up with itself. You have to be able to manage the entire order process is the shortest time possible, or you risk delaying your company, and angering a customer.

Given its importance, spending time thinking about how your company is going to manage its time throughout the order process will pay dividends. If you’re in need of pointers, the likes of Applied Acumen have a wealth of experience in helping companies manage their production times and efficiency. Putting together the right processes from the start will give your business an edge from day one.

All Roads Lead To Profit

When starting a business, it’s tempting to be so overflowing with ideas and initiative that you don’t focus in the right areas. You get distracted by how you’re going to manage your social media, or what events you might one day like to exhibit at. Thinking big is rarely a bad thing, but when it comes to optimisation, it’s not ideal.

If you keep good business optimisation at the forefront of your mind through the launch process, then you’re going to ensure everything you do leads to profit. By giving your full attention to streamlining the entire business process, you have a solid foundation for your revenue generation. When you’re up and running, this established and fully-optimised process can give you the time to explore all those other business avenues you want to consider. Optimisation is the bedrock on which the rest of your company — and by extension, your entrepreneurial ambitions — are built.

So Keep Optimisation In Mind

Use the time that you have available to you to get your processes right from the very beginning of your business. All the time you spend in this area will soon repay itself — in profit.

Is CFD Trading on the Rise?

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CFD trading is one of the most popular methods of trading and diversifying investment portfolios, that some believe is growing in popularity. It can be easy and accessible for amateur traders while also a good way for existing experts to broaden their investments. CFD trading is now a common offering by many brokers and there are various factors which can be attributed to helping it rise to this position.

Increasing Fintech Start-ups

London has been creeping up on Silicon Valley for a while now to become one of the world’s leading tech cities. It has seen the number of fintech start-ups in the city grow at a rapid rate over the past five or ten years, to the point where it is now valued as a £20 billion industry and home to plenty of successful and growing start-ups.

These start-ups cover all sorts of financial areas, but many have been set up to aide CFD trading. Whether it’s developing apps to allow people to make CFD trades from their smartphones or technology used within trading strategies, the popularity of this trading has provided many opportunities for fintech start-ups.

Advantages of CFD Trading

The advantages of CFD trading are a clear reason why this trading method has grown. Some advantages include:

  • Go short or long: Meaning you can profit from rising and falling markets
  • Trade across markets: CFD trading can be done on many markets, from forex and stock indices to commodities and more
  • No stamp duty: Never actually owning the asset means there’s no stamp duty to pay
  • Leverage: CFD trades can be entered with funds that only represent a fraction of the total value, meaning you can make potential high gains (though the same is true for losses)
  • Diversification: It provides an easy way to diversify any trading portfolio

The Economy’s Effect

There has been plenty of uncertainty surrounding the UK’s economy in recent months and years, especially with Brexit and the general election. These factors and plenty of unpredictability have made CFD trading more appealing, especially due to its ability to trade on falling markets. The likes of the pound dropping in value and stocks being greatly affected by Brexit, for example, offered plenty of opportunities to trade on markets which fell.

This all points towards CFD trading being a far more popular method of trading and investing than previously seen, which only looks likely to rise as technology advances as well.

Tips to be the best employee in the office

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From the day of joining the office, every employee thinks of being the best employee in the office by doing everything possible to impress everyone in the office. With this being said, we need to remind you that not every employee can be the best in the office. They can give the best but getting the title tag of the best employee is not an easy task.

To help you know whether you’re on the right path to get the title tag of best employee, here are some points that should be on your mind.

1. Giving your best

This is the most basic point, and we hope you understand the fact that until the time you do not give your best for the company, it will not be easy for you to get appreciation and find yourself on the right track. This is an important point, and you should consider it seriously.

2. Enjoying the task that is given to you

Giving your best does not only mean that you should try to do what you have been doing in the past but pushing yourself to the limits where things turned out to be as productive and engaged as you want them to be and you feel satisfied with the task that is given to you. Remember that if you’re not enjoying the task, you’ll not be in a position to be confident at all times. So, be extremely careful with this point and make sure that you’re enjoying data set is given to you. If not, making a switch will be a smart thing to do.

3. Showcasing your additional skills

In every office, there are many services like Transcription Services and marketing services that are outsourced to do other experts. If you think that you have an additional skill that can help the company can turn on search expenses, make sure that you let your senior know about it and let them give you an opportunity to help the company cut down on its expenses. An additional skill showcase will only help in improving your chances of being the best employee in the office.

4. Being Loyal

Efficiency is one thing but being loyal to the company is the most important thing if you want to be connected to the company for a longer duration. Remember that you do not get the best employee tag until the time you’re loyal, and you let everyone in the office know that your level of dedication is slightly higher as compared to other employees in the office.

 

 

Spend Now, Save Later: Three Home Essentials It’s Not Worth Scrimping On

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Your house is your sanctuary, so it’s only right that you feel comfortable, secure and safe there. Nearly everything you could bring into your house to improve it comes in expensive or cheap versions, so how do you know what will be worth the extra money, and what won’t? To help you decide, we have compiled a guide on the areas of your home that are most worth spending money on.

 Home security

 Statistics obtained by Safewise suggest that homes without a security alarm system are 300% more likely to be broken into; recent figures have also shown that only 10% of burglaries in the UK over the last six years were solved. In the face of statistics like these, you can’t afford not to invest in a high-end security system for your home.

While you may want to spend less on a burglar alarm system, you are more likely to have to call out (and shell out) for repeated repair work. Professional security companies often note that those looking for a cheap home security system may also incur higher insurance premiums, as insurers often offer reduced fees for more secure houses. The lower level of protection follows naturally from the lower price point, with cheaper systems more prone to false alarms, and more likely to be foiled by intruders.

So while spending less on the alarm system may be tempting, it will ultimately cost you more to maintain a cheap security system.

Home Repairs

 Sometimes doing it yourself isn’t the best option. DIY can sometimes be very costly, or even put you in harm’s way. For example, you may be able to do minor electrical work, like installing new light fixtures or replacing fuses. But when it comes to replacing circuit breakers or adding new wiring, it is not so easy. Wires could heat up and cause a short circuit, which could then lead to an electrical fire.

These fires are not only destructive and dangerous, but many insurance companies will not be willing to cover fire damage caused by faulty wiring. For your own safety, it is best you call a certified electrical engineer to help fix major electrical problems.

Similar to electrical repairs, fixing gas appliances yourself can exact incur hefty costs or can even be fatal, if you’re not careful. You may think that you are taking all precautions by turning off the gas and carefully managing a repair on your own, but it’s possible for a gas leak to develop into the much bigger danger of carbon monoxide poisoning. If any gas appliances need fixing, such as boilers, gas furnaces, or ovens, call a Gas Safe engineer.

If there are any issues with plumbing or drainage in your house, there are some things you can do on your own: fixing a leaky sink or changing a showerhead, for example. However, most of the plumbing in a house is out of sight, which makes it more difficult to notice small problems before they become bigger. Water damage can be particularly expensive, so it is important you use quality parts and hire a plumber if necessary.

 Home furnishings

 You may have exhausted your excitement unpacking boxes and decorating your home, but once you’ve finished making your house look the way you want it to, you’ll likely need a bite to eat and a comfy bed to rest your head on.

According to research, each person in the UK opens the fridge 98 times each week. Refrigerators are also known to use up a lot of the household electricity as they are one of the only appliances that are left on all day, all night, 365 days a year. If you invest in an energy-efficient fridge, it may cost more money at the point of purchase, but you could save up to £85 a year.

It is cliched wisdom that we spend over a quarter of our lives in bed, and after a hard day’s work, the last thing you want is an uncomfortable, unsupportive mattress which could lead to back problems. Investing in a top quality mattress will not only improve the quality of your sleep, making you more productive when you are awake, but also help you avoid unnecessary health issues.

The Forex Market – From Then to Now

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The forex market has come a long way since the Second World War, after which the economy of several European nations took a beating. It was only with the aim of helping these economies recover that the Bretton Woods Accord came into effect in 1944. While the accord came with multiple resolutions, it was the pegging of foreign currencies to the U.S. dollar that made the biggest impact on the economies of the time.

 

Pegging

A pegged exchange rate or a fixed exchange rate comes into effect when the value of a given currency is fixed against the value of another currency, or against a different value of measure such as gold. The Bretton Woods Accord resulted in the pegging of currencies to the U.S. dollar, and their value remained dependant on the value of the dollar. The U.S. dollar, on the other hand, was pegged to price of gold. It was the U.S. government’s obligation to hold adequate gold reserves to account for the currency in circulation.

 

The Rise of Eurodollars

By the end of the Second World War the Soviet Union had become an important producer of oil. Since it sold the oil to foreign countries, it received payments in U.S. dollars. Given the hostilities between the two superpowers during the Cold War era, and worried about their bank accounts being seized by American authorities, Russians starting making huge U.S. dollar deposits in European banks. The eurodollar market did not take long to grow, going on to become a major source of lending capital.

 

Post the 70s

Trading in currencies was majorly limited to large multinational corporations until the early 1970s. Much of the trading focused on individual stocks and commodities, and trading for investment was not quite in vogue. By the early 1970s, high inflation levels and a looming energy crisis caused a rapid rise in the price of gold, which did not do any good for the value of the U.S. dollar.

When Nixon did away with the gold standard linked to the U.S. dollar in 1971, it led to free-floating exchange rates and resulted in the over-the-counter (OTC) market that we see in this day and age.

 

OTC and Exchange Based Trading

After the end of the gold standard, the value of free-floating currencies depended on market conditions and a bunch of other factors. The foreign exchange market as we know it today started taking shape in the 1970s. The Chicago Mercantile Exchange (CME) was the first exchange to offer currency trading, with the launch of the International Monetary Market (IMM) in 1971.

Now, this market is divided into multiple access levels, with the interbank foreign exchange market at the top. This includes some of the largest banks as well as securities dealers. Interbank spreads, or the difference between bid and ask prices, are rarely disclosed to the outside world, and non-banking entities usually need to pay high service fees if they wish to trade in this market.

 

Market-Makers and Internet-Based Trading

Recent technological developments in different realms have led to an increasing number of brokers developing web-based currency trading platforms. These entities serve as market-makers and they provide two-way quotes for all supported currency pairs.

Several predominantly online FinTech companies now give individuals and businesses easy means to make cross-border transfers. Examples of top international money transfer companies include TransferWise, OFX, World First, CurrencyFair and HiFX. While these companies provide largely similar services, there are some differences in certain features such as “Request international funds transfer” via only email addresses. Comparing them ahead of time may lead to savings in different ways.

 

The Future

One way to send and receive funds that is gaining ground quickly is through the use of second generation mobile phones that are still commonly used in different parts of Africa, South America, and Asia. The fact that virtual cryptocurrencies such as Bitcoin and Litecoin are gaining in popularity also leads one to believe that this medium may disrupt the forex market in not too distant a future.

Italy, Michigan Moving Towards Online Casino Progress

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The world of online gambling is growing fast, with two major developments on the horizon. The first is Italy moving towards growing its online casino industry; the second, the potential for legal online gambling in the American state of Michigan.

Italy plans to open license applications for online casino operators. Online gambling is already legal in Italy, however limited numbers of licenses mean that players have a small selection of options to choose from for gaming.

According to reports from the Italian Government, up to 120 new online gambling licenses will be released to gaming operators over the near future. Analysts believe that approximately one third of these will be given to Italy’s existing online gambling operators.

The applications aren’t cheap, however. Reports state that operators interested in acquiring a license will need to pay 200 million euros (£177.8 million) to apply, with a two-month period for preparing and submitting their applications.

Licenses will be current until the end of 2022, allowing operators to participate in Italy’s online gaming market for several years. The move is viewed as a major opportunity for Europe-based online casino operators interested in expanding into the Italian market.

It could also signal an opportunity for online casino operators that primarily serve the UK, such as Casino.NetBet.co.uk.

In 2016, the Italian online gaming market generated more than one billion euros in revenue and grew its size by 25% compared to the previous year. Almost half of total revenue from gambling in Italy came from casino betting, with sports betting responsible for around 350 million euros.

The move could potentially be a significant asset for Italy, which has failed to grow its economy over the past year. According to the BBC, Italy’s second-quarter growth in 2016 was 0%, with a lack of economic progress contributing to unemployment and debt issues.

Another interesting online gambling industry developing is taking place across the Atlantic, in the American state of Michigan.

In an attempt to fuel growth and develop the state’s economy, members of the Michigan House of Representatives are discussing an online gambling bill called HB 4926, which could allow for online gambling in the state.

The bill is currently supported by the state’s former Attorney General Mike Cox, who recently testified in support of the bill. Opponents of HB 4926 include the state’s existing casino gaming industry, which has lobbied against it, and one Michigan-based gaming tribe.

Like the developments in Italy, the legalisation of online gambling in Michigan could produce opportunities for UK-based companies interested in expanding their operations into the United States.

Currently, neither measure has passed into law. It’s also unlikely that the Michigan bill will go ahead as quickly as the proposed legal developments in Italy. However, both proposals appear to be serious ones, with large-scale support and potential.

Should either pass, it could potentially create new opportunities for online casino operators both in and outside the UK interested in moving into new markets and reaching new audiences.

5 Top Training Tips For The Financial And Banking Sector

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The Finance and Banking sectors are very complex when it comes to training. From entry level employees, all the way to senior managers, training is vital to master the key processes of these fast paced, data driven sectors. Knowing how to implement an effective training plan is key to ensuring continued business growth and personal development. This article will cover 5 top training tips that all businesses in the financial and banking sector need to know.

1: Understand Strengths And Weaknesses

To understand who will benefit the most from financial training courses, a business must conduct an audit of their employees. This review should highlight the key strengths and weaknesses of each employee, to understand the areas they need to improve on. Providing that there are no major gaps in knowledge, this review can be informal. Ensuring that each employee understands that training is there to help them and the business grow, will increase compliance and limit resistance to training. Employees at all levels of the business should be reviewed. No matter their experience, there is always room to learn more.

2: Assess Business Capabilities

Financial and banking training can be a time consuming and expensive task. Therefore, before any decisions are made, a business must assess their capabilities. Resources including training budgets and availability of staff must be carefully considered to create an effective financial training plan. This will help identify which training methods are ideal for the situation and business goals. For example, a business with a large budget may look at hiring consultants, or sending employees on financial training courses. On the other hand, companies with smaller budgets could look at implementing mentoring or internal training processes. Logistics must also be considered. With training taking up a large amount of time, staff must be able to keep up their workloads while simultaneously focusing on their training. This will take a high level of organisation, but is worth it to implement a strong training plan.

3: Limit Resistance To Change

Resistance to change is an important part of any training plan in the financial or banking sector. Many employees, especially those at senior level, may be against further training. This can be for a number of reasons including ego, or wanting to focus on their work. It is therefore vital to limit resistance to change as much as possible. This can be managed through having those in leadership positions take the lead. With senior members of staff on board, the rest of the company will soon follow. Leading by example is extremely important to reduce resistance to change, as well as keeping up working relationships within the business. Companies can also push the benefits of training, including career advancement, technical knowledge and personal development.

4: Identify Key Added Value Opportunities

Understanding the cost/benefit ratio for financial training is very important when identifying the correct employees to take forward for training. One of the key factors to understand is that training has value beyond just increasing knowledge. By sending employees on financial training courses, the business is gaining value through increased work efficiency which will lead to better results and more revenue in the long run. However, this will only work if key employees are identified that will benefit the business the most. These are typically either lower level employees, who need the technical knowledge to improve their work processes, or those in leadership roles that need to be an authority figure on certain topics. Finding a mix of employees will ensure that the business is adding the most value possible.

5: Develop Internal Training Processes

Training and personal development should be a continuous process for any financial business. While a single training push will help the business grow, standard training processes need to be integrated into the foundations of the business. The HR department should be a key point of contact for all training needs. There should be standard training plans put in place for each department, especially for new employees that need to learn complex information as quickly as possible. While it will take time to implement these processes, it is worth it to ensure that training is an ongoing process for employees of all levels.

Overall, training in the financial and banking sector can be complex. Following these 5 top tips will ensure cost effective and valuable training for all employees for any financial business.

How thinking outside the box can bring in big bucks

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Every now and again some idea that might seem crazy at first ends up being an instant hit with consumers. Thinking outside the box and seeking seemingly impossible solutions to improve our lives have paid off for many creators around the world.

Also, companies dedicated to innovation baffle us with products we never thought possible. Quirkiness sells. Finding a niche market, rather than catering to the masses, can make these less greedy entrepreneurs wealthy.

Take women for women taxi services. The trend started with Pink Ladies in London in 2006, and the concept went global. In Malaysia, the female only taxi service even got government funding. In no other city, for obvious reasons, has this service had more success than in New York.

Waitrose created the “Bag for Life” scheme, they were the first retailer to introduce this concept 10 years ago. Now the term “bag for life” has become generic and made room for more trendy alternatives.

British Accessory Designer of the year, Anya Hindmarch, wildly fashionable “I am Not a Plastic Bag” is just a simple, rope-handled, sturdy cotton shopping bag – albeit one that’s rather beautifully designed.  It got trendy young women who wouldn’t be seen alive with a “Bag for Life” doing their bit for waste reduction.

Quirky Apps that made their creators filthy rich

People love apps. We all know somebody who has an app for practically everything. Some are very useful and some save you time and worry. Then there are apps most of us mercilessly mock, yet they too have an audience.

Take Game for Cats as an example.This iPad app got press attention from the New York Times, L.A. Times, WIRED.co.uk, Gizmodo, ABC News and more. Cat owners with bored pets can download the app and buy the “mouse level”. Their feline companions get to chase rodents on the screen with their paw. An instant hit among cat lovers worldwide.

Another remarkable “problem solving” app which has made the inventors rich is the “Fake-An-Excuse: Hangup Now!” app. What this does is help you find a way to hang up when you are dying to get off the phone with somebody by inventing fake excuses for you. Not an app you want your wife to catch you using.

Crazy online casino concepts

There is a bespoke casino for you, whatever your inclinations, hobbies or preferences are. The variety of online casinos will baffle anyone who cares to check out the myriad of choices out there, from amusing to mind-boggling.

If you like to smoke a joint from time to time – there is a casino for you.

If you like cats and kittens, you will be well looked after. If you practice Voodoo – combine this with soul slots for fun. Desperate Housewives fan? You can relive it all. There are “manly men” casinos, gay and lesbian casinos, sexy casinos and so on.

You will find less exotic casinos focussed on the mobile player or the high-roller. You name it, there is a casino for you. On online casino sites like these, any player can enjoy an equally varied amount of eclectic themed slots and relax while playing.

Ocean plastic waste innovations

Sportswear made out of ocean waste? Sounds impossible. Well, good old Adidas, the German athletic gear company, started a business sustainability partnership with Parleys.

Making shoes out of ocean waste is possible today, but only with the help of forward-thinking and innovative global industries. The ocean waste shoe has taken off and is said to be as good as any other trainer.

Another product made from plastic debris is Method’s Ocean Plastic 2-in-1 Dish & Hand Soap. Innovators view this project both as a means of working to fix a major environmental problem and raising ocean pollution awareness. Method’s soap has a biodegradable formula and is great for washing both dishes and hands.

If you are still reading you are probably buzzing with other and better examples. Maybe you have an idea of your own which fills a need and has a niche audience? Thinking outside the box is not just fun – it can turn a “crazy” idea into big bucks.

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