cryptocurrency news of the day Read CoinChapter.com on Google News

Here is the top crypto news of the day curated by CoinChapter.com.

Bitcoin Drops 2% as Crypto ETFs See Outflows

Bitcoin suffered a 2% decline, falling below $68,000 as it retreated from recent highs near $72,000. The second-largest crypto, Ether, also dipped under $3,550. The broader crypto market was down 1% to $2,370 points.

The losses came after U.S.-listed spot Bitcoin ETFs experienced $64.9 million in cumulative outflows, the first outflow since late May.

Bitcoin ETFs saw $64.9 million in outflows. Source: Farside Investors on X

Despite recent inflows, market chatter suggests institutions’ interest lies more in non-directional basis trades rather than outright bullish bets.

You Might Also Like: Bitcoin Could Reach $500K by 2025, Say Experts

Asian equity markets also declined, with Chinese stocks falling over 1% amidst property market concerns and reports of potential liquidity reduction by the Bank of Japan. The U.S. dollar index consolidated gains, while safe-haven U.S. Treasury yields dipped, with the 10-year note yield falling 3 basis points to 4.45%.

Crypto News: Nexus Labs Raises $25M  

Zero-knowledge cryptography startup Nexus Labs has secured $25 million in a Series A funding round co-led by Lightspeed Venture Partners and Pantera Capital. Dragonfly, Faction, and Blockchain Builders Fund also participated in the round. Nexus Labs had previously raised $2 million in a seed round led by Dragonfly.

The fresh capital will be used to accelerate the open-source development of Nexus 1.0. This modular zero-knowledge virtual machine (zkVM) written in Rust focuses on performance and security. Nexus aims to enable verifiable computation in decentralized applications through cryptography and zero-knowledge proofs.

The Nexus 1.0 zkVM offloads computational work in dapps, with ZK proofs ensuring computations are compressed and verified quickly. The team plans to scale the Nexus machine to 1 trillion Hertz of compute capacity and collaborate with industry players to grow the zero-knowledge compute industry.

Elon Musk Threatens Ban on Apple Devices

Elon Musk has warned that he will ban Apple devices at his companies if Apple integrates OpenAI’s ChatGPT into its operating systems. The billionaire cited security concerns, calling it an “unacceptable violation,” and suggested visitors to Tesla, SpaceX, and his other firms would need to store their Apple devices in a Faraday cage upon entry.

Source: X

Apple revealed “Apple Intelligence” at WWDC 2024, a suite of new generative AI features powered by GPT-4o, OpenAI’s latest ChatGPT iteration. One feature allows Siri to relay user questions to ChatGPT, with user consent and privacy protections.

You Might Also Like: Will Elon Musk Really Accept PI Coin Payments?

However, Musk criticized Apple for “not being smart enough” to create its own AI and accused the company of selling out customers’ privacy and security. He argued that claiming to “protect privacy” while handing data to a third-party AI they don’t understand contradicts that claim.

Source: X Crypto News: Uniswap Labs Appoints Ex-Coinbase Exec as Chief Legal Officer  

Uniswap Labs has hired former Coinbase legal executive Katherine Minarik as its new chief legal officer. Minarik assumes the top legal role at the company behind the Uniswap protocol as it potentially faces legal action from U.S. regulators.

In April, the SEC issued a Wells Notice to Uniswap Labs, signaling potential enforcement action for allegedly violating securities laws by operating an unregistered securities exchange.

She replaces former CLO Marvin Ammori, who will transition to a part-time role in November. Minarik has a challenging task ahead as Uniswap Labs prepares to address the SEC’s allegations.

Roaring Kitty’s GameStop Losses Surpass $350M in Four Days

Meme stock influencer Keith Gill, known as Roaring Kitty, has lost over $350 million on his GameStop (GME) position in just four days. The massive hit came after a poor earnings report from GameStop sent the stock plummeting nearly 40% before the weekend. 

Despite the colossal losses, Gill maintained a nonchalant demeanor. He posted self-deprecating memes and livestreaming while feigning injury with bandages and a splint.

Gill lost about $351 million in profit since last week. Source: Reddit

Related Post: Has Keith Gill, That GameStop Stock Trader, Been Banned By ETrade?

Just last Thursday, Gill was $382 million in profit from his GME options trades. However, the stock’s decline wiped out nearly all those gains. This left him with only around $31 million in remaining profits as of Monday’s close.

Follow CoinChapter to stay up-to-date on the latest crypto news and insights.

The post Top Crypto News Of The Day: Bitcoin Plunge, Nexus Labs Fundraiser, and More appeared first on CoinChapter.

TRX staking has enhanced user flexibility and efficiency on the B2BinPay platform, offering a smart way to manage digital assets. Meanwhile, the price of Bitcoin Cash (BCH) demonstrates resilience, recovering sharply to over $400, signalling a bullish trend in the market. 

Amid these developments, BlockDAG’s X1 mining app is making waves in the crypto sector. With $48.5 million raised in its presale and over 11.3 billion coins sold, the app’s user-friendly design and energy-efficient technology are elevating its popularity, marking it as a top crypto to buy in 2024. This innovative approach promises a bright future in the evolving digital currency landscape.

B2BinPay Launches Enhanced TRX Staking

B2BinPay, a leading blockchain platform, has recently upgraded its services to include TRX staking, significantly enhancing user flexibility and efficiency. TRX staking, leveraging the advanced Stake 2.0 mechanism from the TRON community.

The updated TRX staking feature allows clients to stake any amount of TRX to earn a passive annual yield between 3-5%, depending on network conditions. Staking TRX converts it into Bandwidth for transaction capacity and Energy for smart contracts, reducing fees and boosting efficiency. This makes TRX staking a strategic choice for enhancing blockchain interactions.

Bitcoin Cash: Observing Market Movements

The BCH price has recently demonstrated resilience, bouncing from a crucial support level of around $400 after a dip below the $500 threshold in April. This rebound marks a bullish reversal for Bitcoin Cash, supported by a successful retest that hints at underlying strength in the market.

This week, the BCH price experienced an 8.67% increase, effectively countering the previous week’s decline and the potential evening star pattern on the weekly chart. Currently trading at $492.97, BCH has shown three consecutive days of gains, despite a slight 0.56% pullback suggesting a cautious approach might be taken today. As the BCH price nears the $500 mark again, the market dynamics appear to lean towards an optimistic trend, with the potential to surpass higher Fibonacci levels. 

BlockDAG’s X1 App Features Innovative Proof-of-Engagement Mechanism

BlockDAG’s new X1 app is revolutionising cryptocurrency mining by making it more sustainable and accessible. Now available in beta for iOS and Android users, the X1 app offers a user-friendly interface that demystifies the mining process, enabling users to earn BDAG coins efficiently through their smartphones. This leap in technology not only simplifies mining but also incorporates a referral system and daily rewards, enhancing user engagement and profitability.Technologically, the X1 app stands out because it incorporates a Proof-of-Engagement mechanism, as detailed in BlockDAG’s DAGpaper and showcased during Keynote 2. This unique feature upholds network integrity and user privacy while ensuring secure transactions on the blockchain. BlockDAG’s focus on eco-friendly solutions is reflected in its energy-efficient algorithm, establishing the platform as a leader in sustainable crypto technology.

Further exciting developments were revealed in Keynote 2.0, which highlighted the completion of Phase 1, including critical features such as Wireframe & UI Designing and User Onboarding. Looking ahead, BlockDAG plans to integrate a Wallet, Send/Receive modules, a Leaderboard, and a Community Section, promising to enrich the user experience significantly.

With a staggering $48.5 million raised in its presale and 11.3 billion coins sold, BlockDAG is quickly cementing its position as a top crypto to buy in 2024. This robust presale growth indicates a strong market presence, pointing to a bright future for investors and users alike.

Future of Crypto: Choosing BlockDAG Over TRX and BCH

While TRX staking and BCH’s resilience have shown promise, BlockDAG’s innovative X1 mining app sets it apart in the crypto market. With a significant $48.5 million raised in its presale and 11.2 billion coins already sold, BlockDAG stands out as the top crypto to buy in 2024. This presale success highlights its market potential and makes it an opportune time for investment, promising substantial future growth.

Invest in the BlockDAG Presale Now:Presale: https://purchase.blockdag.networkWebsite: https://blockdag.networkTelegram: https://t.me/blockDAGnetworkDiscord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s X1 Mining App Elevates Crypto Presence: $48.5M Presale Gains, Navigating TRX Staking and BCH Resilience  appeared first on CoinChapter.

Amidst modest gains in XRP and shaky predictions for Dogwifhat, BlockDAG has soared, capturing the crypto community’s attention with its second keynote. Delivered with a futuristic lunar backdrop, this presentation unveiled significant enhancements, including the beta launch of the X1 Miner app, making waves in the blockchain arena and propelling the project’s presale to an impressive $48.5 million by selling more than 11.3 billion coins.

XRP Struggles Amidst Speculative Highs and Lows

XRP’s trading scenario presents a volatile landscape as it hovers below $0.53, marked by a recent 2.06% decrease in value. Despite this dip, XRP’s trading volume surged, with its market cap stabilizing around $29.26 billion, positioning it as the seventh-largest crypto by market cap. With ongoing speculations about an upcoming ETF and pivotal SEC decisions, the market remains on edge. Technical indicators suggest a possible sideways movement, with XRP facing a critical moment that could either breach a $0.53 resistance or dip to lower support levels, pivoting around the market’s speculative winds.

Dogwifhat Experiences Brief Surge Amid Market Cautions

Dogwifhat (WIF), currently valued at $3.11.3 with a $43.1 billion market cap, has seen recent gains but continues to face a mix of investor skepticism and low social engagement. Despite a whale’s significant purchase potentially priming WIF for further gains, the market sentiment remains tentatively bearish, with analysts advising caution.

BlockDAG’s Pioneering Keynote 2 and X1 App Launch

BlockDAG’s latest keynote from the moon has not only highlighted its rapid technological advancements but also detailed the rollout of its X1 Miner app’s beta version, enhancing its blockchain ecosystem. This update aims to democratize mining with a mobile app that optimizes battery and data usage, allowing users to efficiently mine BDAG coins. The event, complemented by an aggressive marketing strategy, has drawn acclaim from major financial outlets, reaffirming BlockDAG’s emerging dominance in the crypto space.

This keynote also revealed over 45 critical updates that highlight BlockDAG’s robust development framework, including the enhancements to its blockchain infrastructure and its strategic roadmap aimed at expanding its ecosystem and preparing for the upcoming mainnet launch.

Additionally, BlockDAG’s DAG-based Proof of Work consensus model was featured, which improves scalability and security by allowing multiple transactions to be confirmed simultaneously, thereby optimizing network performance. This innovative approach not only sets BlockDAG apart from traditional blockchain systems but also underscores its potential as a leading player in the cryptocurrency market.

Final Insights: A New Leader Emerges in Crypto

While XRP and Dogwifhat wrestle with market uncertainties and potential, BlockDAG breaks new ground with innovative solutions and a visionary approach, marked by a stunning presale achievement and technological strides. As BlockDAG continues to build on its latest keynote successes, it solidifies its position as a leading contender in the rapidly evolving cryptocurrency market, promising substantial growth and a revolutionary impact on digital finance.

Join BlockDAG Presale Now:Website: https://blockdag.networkPresale: https://purchase.blockdag.networkTelegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s Standout Keynote 2 Ignites $48.5M Presale, Overshadowing XRP And Dogwifhat Price Forecasts appeared first on CoinChapter.

cryptocurrency news of the day Read CoinChapter.com on Google News

Here is the top crypto news of the day curated by CoinChapter.com.

Bitcoin Drops 2% as Crypto ETFs See Outflows

Bitcoin suffered a 2% decline, falling below $68,000 as it retreated from recent highs near $72,000. The second-largest crypto, Ether, also dipped under $3,550. The broader crypto market was down 1% to $2,370 points.

The losses came after U.S.-listed spot Bitcoin ETFs experienced $64.9 million in cumulative outflows, the first outflow since late May.

Bitcoin ETFs saw $64.9 million in outflows. Source: Farside Investors on X

Despite recent inflows, market chatter suggests institutions’ interest lies more in non-directional basis trades rather than outright bullish bets.

You Might Also Like: Bitcoin Could Reach $500K by 2025, Say Experts

Asian equity markets also declined, with Chinese stocks falling over 1% amidst property market concerns and reports of potential liquidity reduction by the Bank of Japan. The U.S. dollar index consolidated gains, while safe-haven U.S. Treasury yields dipped, with the 10-year note yield falling 3 basis points to 4.45%.

Crypto News: Nexus Labs Raises $25M  

Zero-knowledge cryptography startup Nexus Labs has secured $25 million in a Series A funding round co-led by Lightspeed Venture Partners and Pantera Capital. Dragonfly, Faction, and Blockchain Builders Fund also participated in the round. Nexus Labs had previously raised $2 million in a seed round led by Dragonfly.

The fresh capital will be used to accelerate the open-source development of Nexus 1.0. This modular zero-knowledge virtual machine (zkVM) written in Rust focuses on performance and security. Nexus aims to enable verifiable computation in decentralized applications through cryptography and zero-knowledge proofs.

The Nexus 1.0 zkVM offloads computational work in dapps, with ZK proofs ensuring computations are compressed and verified quickly. The team plans to scale the Nexus machine to 1 trillion Hertz of compute capacity and collaborate with industry players to grow the zero-knowledge compute industry.

Elon Musk Threatens Ban on Apple Devices

Elon Musk has warned that he will ban Apple devices at his companies if Apple integrates OpenAI’s ChatGPT into its operating systems. The billionaire cited security concerns, calling it an “unacceptable violation,” and suggested visitors to Tesla, SpaceX, and his other firms would need to store their Apple devices in a Faraday cage upon entry.

Source: X

Apple revealed “Apple Intelligence” at WWDC 2024, a suite of new generative AI features powered by GPT-4o, OpenAI’s latest ChatGPT iteration. One feature allows Siri to relay user questions to ChatGPT, with user consent and privacy protections.

You Might Also Like: Will Elon Musk Really Accept PI Coin Payments?

However, Musk criticized Apple for “not being smart enough” to create its own AI and accused the company of selling out customers’ privacy and security. He argued that claiming to “protect privacy” while handing data to a third-party AI they don’t understand contradicts that claim.

Source: X Crypto News: Uniswap Labs Appoints Ex-Coinbase Exec as Chief Legal Officer  

Uniswap Labs has hired former Coinbase legal executive Katherine Minarik as its new chief legal officer. Minarik assumes the top legal role at the company behind the Uniswap protocol as it potentially faces legal action from U.S. regulators.

In April, the SEC issued a Wells Notice to Uniswap Labs, signaling potential enforcement action for allegedly violating securities laws by operating an unregistered securities exchange.

She replaces former CLO Marvin Ammori, who will transition to a part-time role in November. Minarik has a challenging task ahead as Uniswap Labs prepares to address the SEC’s allegations.

Roaring Kitty’s GameStop Losses Surpass $350M in Four Days

Meme stock influencer Keith Gill, known as Roaring Kitty, has lost over $350 million on his GameStop (GME) position in just four days. The massive hit came after a poor earnings report from GameStop sent the stock plummeting nearly 40% before the weekend. 

Despite the colossal losses, Gill maintained a nonchalant demeanor. He posted self-deprecating memes and livestreaming while feigning injury with bandages and a splint.

Gill lost about $351 million in profit since last week. Source: Reddit

Related Post: Has Keith Gill, That GameStop Stock Trader, Been Banned By ETrade?

Just last Thursday, Gill was $382 million in profit from his GME options trades. However, the stock’s decline wiped out nearly all those gains. This left him with only around $31 million in remaining profits as of Monday’s close.

Follow CoinChapter to stay up-to-date on the latest crypto news and insights.

The post Top Crypto News Of The Day: Solana Sandwich Attacks, Ethereum ETFs, and More appeared first on CoinChapter.

Vancouver, Canada, June 11th, 2024, Chainwire

ceτi AI is proud to announce an extended purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs, plus an option to purchase an additional 200 identical HPC servers. The agreement marks the completion of ceτi AI’s pilot-scale installation in British Columbia, and opens the door to a 25x expansion of the ceτi AI Global Infrastructure Network with additional GPU and server allocation through Q3, 2024. 

The new servers, powered by NVIDIA’s most advanced H100 GPUs, are expected to arrive within approximately 45 days, further boosting the network’s capacity to support a broad range of AI application development and research. The firm’s pilot installation presents a state-of-the-art solution for web3 protocols, independent development teams, and advanced AI research teams in an 8-server, 64 GPU scalable unit that can be expanded linearly and indefinitely.

In addition to the network’s immediate expansion, the agreement also includes an option to purchase up to 200 identical HPC servers from Cedarcross through September 30th, 2024, underscoring both firms’ commitment to sustained growth and technological advancement in the decentralized AI space. ceτi AI has identified hyperscale data center candidate sites for the additional servers in Montreal, New Jersey, and Santa Clara, and is now in the process of securing investment for their purchase, installation, and initial operation. 

“We’re seeing unprecedented demand from institutional developers, independent researchers, and blockchain protocols for the physical chip and server infrastructure set to power the coming Age of Artificial Intelligence. Deploying the enormous physical infrastructure for decentralized AI requires strong relationships, world-class talent, and deep cooperation in pursuit of our common goal. We’re proud to work with Cedarcross as a valued partner that brings all of these qualities to the table,” said Dennis Jarvis, CEO of ceτi AI.

About Cedarcross

Cedarcross International Technologies Inc. is an investee company of Alset Capital Inc., a publicly traded Canadian company listed on the TSX Venture exchange. Cedarcross specializes in providing low-cost access to cutting-edge, high-performance computing hardware, primarily powered by NVIDIA’s advanced H100 chips. 

About ceτi AI

ceτi AI is at the forefront of the decentralized artificial intelligence (dAI) movement. Committed to innovation and accessibility, ceτi AI develops globally distributed, high-performance, scalable AI infrastructure designed to power the next generation of AI development worldwide. ceτi AI was founded in March of 2024 by long-time industry leaders Dennis Jarvis (CEO), Aaron Smith-Hayes (CTO), Austin Spencer (CFO), and Tony Evans (Chief Strategy Officer). 

For more information about ceτi AI and our initiatives, users can visit http://taoceti.ai

Users can follow ceτi AI on X, Telegram, and Discord for the latest updates and community discussions.

Contact

CEODennis Jarvisceτi AIpress@taoceti.ai

The post ceτi AI Secures $80M of NVIDIA GPUs and Hardware to Expand Global AI Infrastructure Network by 25x appeared first on CoinChapter.

Cryptocurrency mining has been the backbone of blockchain networks for a while now; They ensure the validation of transactions and the security of the decentralized ledger. Traditional mining involves solving complex mathematical problems to add new blocks to a given blockchain, a process that demands significant computational power and energy. 

Now, the traditional model of mining has faced several challenges, including high energy consumption, centralization of mining power, and barriers to entry for individual miners. In response, innovative technologies and methodologies like “smart-mining” have emerged and they are promising to make mining more efficient, accessible, and sustainable.

What are the Challenges in Traditional Cryptocurrency Mining?

High Energy Consumption: Bitcoin mining, in particular, is notorious for its enormous energy requirements. The process involves running powerful hardware continuously, leading to significant electricity usage, which has raised environmental concerns.

Centralization of Mining Power: Over time, mining has become dominated by large companies and mining pools with access to vast resources and advanced hardware. This centralization undermines the decentralized ethos of cryptocurrencies and raises the risk of attacks.

Barriers to Entry: The cost of specialized mining equipment (ASICs) and the operational expenses associated with mining make it difficult for individuals and small entities to participate. This financial barrier limits inclusivity and innovation within the mining community.

“Smart-Mining” Technology and its Benefits

Smart-mining is a revolutionary approach designed to tackle the inefficiencies and limitations of traditional mining. By leveraging advanced algorithms, optimized protocols, and more inclusive frameworks, smart-mining aims to democratize the mining process.

Why BlockDAG Network Introduced and Pioneered Smart Mining

BlockDAG Network (Directed Acyclic Graph) is at the forefront of the “smart-mining” revolution. Unlike traditional blockchain structures where blocks are added sequentially, BlockDAG allows for multiple blocks to be created and added concurrently. This parallel processing capability significantly enhances network efficiency and scalability.

Benefits of Smart-Mining with BlockDAG:

Energy Efficiency: Smart-mining reduces the computational power required for mining, leading to lower energy consumption and a smaller carbon footprint.

Decentralization: By lowering entry barriers, smart-mining encourages wider participation, reducing the concentration of “mining power.”

Scalability: The BlockDAG structure supports higher transaction throughput, addressing the scalability issues that plague traditional blockchains.

Implementation of Smart-Mining in Bitcoin and BlockDAG Networks

Bitcoin, being the pioneering cryptocurrency, has also begun exploring smart-mining techniques to enhance its mining processes. The integration of smart-mining strategies in Bitcoin and BlockDAG Networks involves several key steps:

Algorithm Optimization: Implementing more efficient consensus algorithms that reduce the computational load and energy requirements.

Incentive Structures: Developing new incentive models that reward miners based on their contribution to network security and efficiency, rather than sheer computational power.

Decentralized Protocols: Encouraging the use of decentralized mining pools and cooperative mining efforts to distribute mining rewards more equitably.

These implementations are not just theoretical; they are being actively developed and tested in both Bitcoin and BlockDAG ecosystems, promising a more sustainable future for cryptocurrency mining.

Potential Impact and Future Developments

The adoption of smart-mining technologies has the potential to transform the cryptocurrency landscape. By making mining more accessible and efficient, smart-mining can:

Promote Sustainability: Reduced energy consumption aligns with global efforts to combat climate change and promotes the use of renewable energy sources in mining operations.

Enhance Security: A more decentralized mining landscape reduces the risk of attacks and strengthens the overall security of blockchain networks.

Boost Innovation: Lowering barriers to entry fosters innovation and allows a broader range of participants to contribute to the development of new mining technologies and methodologies.

BlockDAG’s X1 Miner App

A significant innovation from BlockDAG is the X1 Miner App, which epitomizes the principles of smart-mining. 

The X1 Miner App is designed to make mining more accessible to individuals without the need for expensive hardware. This mobile application allows users to participate in the mining process using their smartphones. By leveraging the decentralized nature of the BlockDAG Network, the X1 Miner App optimizes the mining process to be energy-efficient and user-friendly. 

It utilizes advanced algorithms to distribute mining tasks across a broad network of devices, ensuring that even modest hardware can contribute effectively. This inclusivity not only democratizes mining but also enhances the security and decentralization of the network by increasing the number of active participants.

The future of cryptocurrency mining lies in the adoption of smart-mining technologies, as exemplified by Bitcoin and BlockDAG Networks. 

These innovations promise to address the critical challenges of traditional mining, making the process more efficient, inclusive, and sustainable. 

As smart-mining continues to evolve, it is poised to play a crucial role in the broader adoption and success of cryptocurrencies worldwide thanks also to projects like BlockDAG Network.

Read About BlockDAG Presale:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram:https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post The Future of Cryptocurrency Mining? Bitcoin & BlockDAG Network Bet on Smart-Mining as the Answer appeared first on CoinChapter.

英国圣阿萨夫，2024 年 6 月 — 全球领先的云挖矿平台 GDMining 今天宣布正式推出一系列新的比特币云挖矿计划，旨在促进可持续和包容的数字经济。其中甚至包括免费的云挖矿合约，让全球用户可以轻松参与加密货币挖矿，充分利用比特币升值带来的机会。

自成立以来，GDMining 一直致力于通过先进的技术和高效的数据中心提供用户友好且可持续的云挖矿服务。GDMining 在全球拥有六个最先进的挖矿设施，为 200 多个国家和地区的 50 多万用户提供服务，赢得了全球的信赖。

GDMining 首席执行官 James Li 评论道：“我们相信挖矿应该是每个人都可以参与的机会。新的挖矿计划不仅价格实惠，而且操作简单，旨在让每个人都从加密货币的增长中受益。”

GDMining 的新挖矿计划将利用最新的可再生能源技术，包括太阳能和风能，以最大限度地减少挖矿过程对环境的影响。此外，GDMining 的高效硬件和尖端技术使用户无需昂贵的硬件设备或技术专业知识即可参与挖矿并获得稳定的回报。

如何开始使用 GDMining 进行挖矿？

用户只需几个简单的步骤即可开始使用：

创建帐户：访问 GDMining 网站并使用您的电子邮件地址创建一个帐户。

选择计划：浏览并选择适合您投资目标的挖矿计划。无论您是初学者还是经验丰富的矿工，GDMining 都有计划满足您的需求。

开始挖矿：选择计划后，您可以立即开始挖矿。您无需做任何其他事情 – GDMining 强大的硬件将全天候工作以产生回报并为区块链网络做出贡献。

每日收款：享受每日收款的便利。通过 GDMining，您可以定期获得收入，轻松跟踪进度，并进行再投资以获得更高的回报。

GDMining 云挖矿合约

GDMining云挖矿合约设计简洁、多样化，提供多种选择，满足不同投资者的需求。稳定无风险的固定收益，适合各种投资偏好。此外，  GDMining还提供免费50美元挖矿计划，让新手可以亲身体验整个挖矿流程。

GDMining 联盟合作伙伴计划

为了帮助用户增加被动收入，GDMining 还推出了联盟合作伙伴计划。用户可以通过推荐新成员加入平台来赚取佣金。推荐人可以获得初始投资高达 3% 的佣金，为寻求扩大收入来源的个人提供绝佳机会。

GDMining 支持多种支付系统来存入资金和接收付款，为用户提供灵活性和全面的服务。这种灵活性与平台的全面服务相结合，使 GDMining 成为寻求参与加密货币挖矿的个人的首选。

有关GDMining云挖矿计划和服务的更多信息，请访问 https://gdmining.com/。

关于GDMining

GDMining 是领先的云挖矿服务提供商，为全球用户提供参与加密货币挖矿的机会，无需昂贵的硬件或技术专长。GDMining 致力于可持续发展和普惠金融，通过其创新解决方案让用户充分利用区块链技术并获得被动收入。欲了解更多信息，请访问 https://gdmining.com/。

The post Crypto News: GDMining Officially Launches Free Cloud Mining Plans, Driving Sustainable Digital Economy appeared first on CoinChapter.

Recently, Bitname, a service provider in the Bitcoin ecosystem, announced the development of a name service specifically designed for the Bitcoin ecosystem. Bitname is the first name service provider encompassing the entire Bitcoin ecosystem. It allows permanent storage of domain assets on Bitcoin and supports the interconversion and resolution of all Bitcoin address types. It also supports Bitcoin Layer2 and sidechain address linking through unique features. It prioritizes the unification of native Bitcoin domain assets across different protocols, representing a step towards integrating the entire Bitcoin ecosystem.

The SRC101 Protocol

In recognition of this vital need, Bitname developed a name service specifically designed for the Bitcoin ecosystem. With those features, the Bitname team refined the new protocol standard SRC101. 

SRC101 offers several key features:

● High Expandability: Supports cross-chain domain binding and protocol upgrades, ensuring a decentralized and on-chain data storage system with integrated transactions and identity unification.● Enhanced Security: Decouples Name Assets from UTXOs to prevent asset loss and phishing attacks. Assets are tied to the sender address of the mint transaction, enhancing traceability and security.● Lower Transaction Fees: Allows multiple operations in one transaction, reducing data storage requirements and miner fees. The design minimizes the impact on Bitcoin network efficiency and addresses blockchain bloat concerns.

Bitname’s Vision:

With SRC101, Bitname aims to offer a Bitcoin name service characterized by immutability, security, and scalability. This service will create a comprehensive infrastructure within the Bitcoin ecosystem, significantly enhancing user experience and network security.

Main Features:

● Universal Address Compatibility: Supports all Bitcoin address types, including Legacy, Nested Segwit, Native Segwit, and Taproot.● Immutability and Security: Stores assets directly in the Bitcoin blockchain’s UTXO, ensuring permanent on-chain storage and preventing accidental asset spending and phishing.● MatrixLink: Anchors accounts across all Bitcoin Layer 2 solutions and supports binding for EVM-compatible chains and Web2 projects, creating a comprehensive identity matrix centered around Bitname native domain assets.

What’s Next for Bitname?

Bitname has identified the untapped potential of NFTs in domain assets, often underutilized in existing projects. The Bitname Stampcard, an innovative NFT asset leveraging the SRC101 standard, aims to provide basic domain resolution services while enhancing the collectibility and playability of domain assets with specially designed visuals.

The Bitname name service will integrate Bitcoin Layer2 using the MatrixLink feature. To maintain the security and central role of native Bitcoin Layer1 assets, no cross-chain transfers or mapping operations will be conducted when domain assets are used on different Layer2. This means that cross-chain account connections will be facilitated through the issuance of markers or the creation of non-tradable, non-transferable NFTs while the assets remain on Bitcoin.

Introduction of Bitname Stampcard

Source: Bitname Gitbook

Recognizing the prevalent differentiation in rarity, Bitname has specially designed the visuals of domain asset cards, aiming to not only provide basic domain resolution services but also enhance the collectibility and playability of domain assets.

The Bitname Stampcard Innovation

● Frame Tier SystemInspired by traditional card games (TCG), Bitname Stampcard incorporates a visually distinctive frame tier system based on registration prices:

Five-character domains are indicated by a white border.

Four-character domains have a blue border.

Three-character domains are marked with a gold border.

This tier system visually differentiates the price and rarity of domains through the card designs, providing a diverse and layered presentation of Bitname Stampcards.

● Unique Identifiers (ID)

Each Bitname Stampcard is assigned a unique identifier based on the chronological order of domain asset minting. This ID is prominently displayed on each card, visualizing the data inherent in the asset’s code layer and enhancing the user experience with more engaging and detailed service.

● Series-Based Artwork

Beyond frame tiers and unique IDs, each Bitname Stampcard features randomly generated artwork. This adds a level of uniqueness and collectibility beyond the determined rarity. Each card is a carefully designed piece of art, emphasizing that while Bitname is a product and service-centered infrastructure project, it also aims to add a bit of fun and entertainment for its users.

Bitname Stampcard brings a new level of collectibility and playability to traditional domain name NFTs, blending functionality with creativity to enhance the overall user experience.

About Bitname

Bitname is a Bitcoin name service dedicated to creating a comprehensive name service for the entire Bitcoin ecosystem, encompassing the native Bitcoin Layer1 and Layer2 projects. Bitname has established the SRC101 standard for this service, along with an innovative design of NFT collection for domain assets that sets it apart from traditional name services, making it more collectible and entertaining. With unique card designs introduced in series, Bitname Stampcard offers a new level of collectability and interactivity to traditional domain name NFTs.

Twitter | Gitbook | Discord | Website

Media Contact

Company Name: Bitname

Contact: Rebecca Riley

Email: bitnameservice@bitname.pro

Website: https://bitname.pro/

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post Bitname develops a name service specifically designed for the Bitcoin ecosystem appeared first on CoinChapter.

Miss Flokita First Major Female Dog Coin, build a globally recognised meme token and community movement on the Binance Smart Chain & Solana. Being only a ‘meme token’ is no longer good enough to succeed, you need to go the extra mile, and further.

The Flokita memecoin ecosystem has been awash with updates and developments,

Flokita has launched its Decentralized Exchange, Allowing degens around the globe to easily swap anything on Binance Smart Chain.

Flokita Swap is a decentralized finance liquidity pool platform, a further and improved evolution of PancakeSwap.

No region restrictions/Sanctions are applied. Feel free to swap any token on BSC using our Swap or Add Liquidity.

More added features coming to our swap stay up to date!

SOLANA swap being added with new staking pools and a bridge so you can bridge assets from multiple chains to and from SOLANA!

FLOKITA Swap features (SOL+ETH)

1.) Swapping tokens on BSC2.) Using our farms and earning tokens for different projects, that includes LP farming, staking tokens and much more!3.) The most exciting thing about our swap which is our Bridge + Swap.

That’s right you will be able to swap tokens on ETH+SOL with FlokitaSwap!

About Miss Flokita:

The girlfriend of Legendary meme dog of FLOKI! A very experienced team who have worked with multi million dollar Mcap projects (BSC FLOKITA 299x ATH). Focused in trending Dexview, Dextools, Ave, T1 KOLs, Twitter KOLs and huge billboard campaigns. CEX Listing Confirmed!

$FLOKITA SOL team have given you a wide variety of social platforms that you can engage with and communicate with other people in the project. Right there you can contact the team and ask them anything you feel like it! I have done it myself and they are flawless in their response.

Let your imagination run wild, and let’s make the internet buzz with #FLOKITASOL humor. Ready, set, meme!

You know how every one of these dog tokens have grown parabolically?

Well… don’t miss out on Miss Flokita and take this chance to be early for once!

— DOGE needs a Wifey and BabyDoge a mommy with the same value —

Join us for more :

Website: http://flokita.ioDex: https://flokita.exchange/Telegram: https://t.me/flokita_portalTwitter: https://x.com/missflokita

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post Flokita Team is proud to present: Flokita Swap appeared first on CoinChapter.

Kitty Meme Coin is not just a Meme, but an Emotion !!Bold, brave, and ready to conquer the crypto world. With the spirit of a leader, assertive and unyielding, $KMC stands tall above the rest. It’s not just about competition; it’s about setting a new standard.

Kitty memecoin would be partnering with leading popular cat meme tokens to gain more popularity in future. It’s no longer news that kitty meme coin is now listed on popular Exchange Lbank:  and other leading exchanges would be coming onboard as we launch.

Gone are the days of meme coins without purpose.  Kitty Meme Coin brings both fun and purpose.With eyes full of determination, $KMC is ready to  Lead the Meme Coin pack !!

Kitty Meme Coin represents wealth and happiness, deeply rooted in global folklore. It’s more than just a token; it’s a symbol of prosperity, love, and good luck.

Cats have symbolized luck, prosperity, and protection in various cultures throughout history. In Hindu mythology, the goddess Durga rides a tiger as her protector. The Japanese maneki-neko figurine is believed to bring good fortune to its owner. Just like $KMC, Scottish lore says that a cat entering a house will bring prosperity, and British sailors once thought that having cats on a ship ensured fair weather.

These cultural references, combined with the popularity of Internet cats, inspire Kitty Meme Coin, merging tradition with cutting-edge technology to create a valuable, positive digital asset.

Kitty Meme Coin represents wealth and happiness, deeply rooted in global folklore. It’s more than just a token; it’s a symbol of prosperity, love, and good luck.

By adding Kitty Meme Coin to an investment portfolio, there is the potential for financial gain and also the opportunity to spread good vibes and positivity. Kitty is a digital investment good luck charm.

Kitty meme coin boasts a robust tokenomics model with a total supply of 2 Trillion $KMC tokens, ensuring stability, security, and growth potential, positioning it as a major player in the meme coin market. Investors and crypto enthusiasts can take part in this new investment era, contributing to kitty’s success.

Kitty Meme Coin is more than just a meme – it’s a movement for change. Every transaction made using Kitty contributes to charitable causes that align with our mission of spreading love, kindness, and compassion.

Kitty aims to build a better world by investing in education, creating better communities, and empowering individuals to make a positive impact. Partnering with established NGOs, we strive to create a sustainable impact for generations to come, while increasing the acceptability and sustainability of $KMC.

The Dev team’s commitment to self-care and personal growth is a core part of the Kitty community. They offer educational resources and workshops on mental health, physical wellness, and personal development. By promoting a healthy and positive lifestyle,  there is a reduction in the rates of anxiety, depression, and other mental health issues. It is the belief within the Kitty community that educating individuals on self-care can empower them to transform themselves and the world around them.

Kitty Meme Coin also seeks out brilliant minds with groundbreaking ideas, constantly searching for innovative ways to make a positive change in the world and providing the resources and opportunities for these ideas to thrive.

Join Kitty meme coin and join the journey towards creating a better world using cryptocurrency. Whether you are an investor, entrepreneur, activist, or someone simply looking to make a difference, there is a place for you in the movement.

Join the Kitty Meme Coin movement today and be part of something bigger – a digital revolution with a heart. Don’t miss out on the kitty meme wave! If you missed Doge, SLERF, or Bome, Kitty is your chance to ride the next big wave!

Website: https://www.kittymemecoin.com/Telegram: https://t.me/kitty_memecoinTwitter X: https://x.com/kittymemecoinInstagram: https://www.instagram.com/kittymemecoin/Facebook: https://www.facebook.com/Kittymemecoin

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post Kitty Meme Coin: A Digital Asset with a Heart – Just announced its first CEX listing appeared first on CoinChapter.

Recently, the Web3 IM SOEX, powered by protocols like Nostr+, TradeDivi, and Sketch, has successfully developed an integrated social trading ecosystem. This system combines social interactions across CEX/DEX/DeFi, allowing users to leverage community knowledge and data for trading. Opting for SOEX instead of conducting trades directly on exchanges yields higher returns, as users are rewarded through airdrops based on trading volume and commissions.

Introducing SOEX SOEX is an innovative platform set to revolutionize social trading and adapt it to Web3 necessities. By integrating instant messaging and trading, the app delivers a seamless experience in a balanced ecosystem that provides users multiple return streams. Essentially, SOEX solves the challenges users face when turning to web2 apps to gather the information needed for trading by creating a direct connection with traders holding and interested in the same tokens.

Key Features As the first transaction-driven Web3 IM, SOEX connects users with other traders based on common holdings and interests, helping them join public and private groups to access relevant information and improve their trading strategies. It also enables seamless connections to exchanges, adding the advantage of airdrop benefits. Key functionalities include:

● Position chat – timely insights into consensus among position holders and market sentiment● Price change alerts & data push● Optimized pathways for trading● Private domain trading● Trading pairs listing● Building decentralized trading identities● Web3 IM basic features: encrypted conversations, private-domain communities, node communication, DID data, and privacy● Liquidity provision & staking for rewards● Referral trading

SOEX’s tokenomics is designed to be fair by not preminting tokens and using EIP-7525 to wrap and unwrap. Additionally, a ValueFi mechanism is implemented to enhance the platform’s value.

SOEX employs a multi-token strategy that includes $SOX points (used to track user contributions and receive rewards), $SOEX (the platform’s governance token), and TVBT, an equity NFT that opens the path to governance and unlocks various benefit opportunities within the platform.

To get a clear image of what SOEX can do, take a look at this brief visual presentation: SOEX Video

Future Prospects 

The platform already displays impressive metrics, essential partnerships, and strong backing, setting the stage for a skyrocketing evolution. SOEX’s roadmap includes important milestones for the near future, such as adding more CEX trading options, establishing SOEX Swap, launching the AI trading bot, listing $SOEX, integrating DEX for DeFi traders, and launching the TVBT subdomain, among others. Additionally, more CEX exchanges will be supported to enhance trading opportunities for users.

The overall goal is to provide traders with an ecosystem where they can socialize efficiently and use those interactions to maximize their benefits while becoming deeply involved in the platform, including its governance process.

Welcome to the future of social trading – an easily accessible one-stop hub where users can gather market insights and relevant token information, trade on exchanges, and earn rewards, all in a complex and user-friendly ecosystem!

 

Media Contact

Company Name: SOEX

Contact: Soroush Cruz

Email: service@soex.io

Website: https://soex.io

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post SOEX Creates an All-in-One Social Trading Ecosystem with CEX/DEX/DeFi Aggregation and Social Interactions appeared first on CoinChapter.

On June 3, 2024, Web3 infrastructure innovator GetBlock, proudly announced the launch of its crypto faucets dashboard. Since the very first iterations, GetBlock faucets kit supports all mainstream L1s and L2s on Ethereum Virtual Machine.

Starting today, Ethereum Sepolia and Poligon Amoy testnets are up and running alongside Arbitrum, Optimism, Base, Scroll, Blast, Linea, and zkSync Sepolia testnets for L2-focused devs.

Welcoming the latest release, GetBlock CEO Arseniy Voitenko invited all Web3 enthusiasts to try GetBlock crypto faucets:

Amidst all our recent upgrades, this one is for sure the most important release for global Web3 fam. We’re beyond excited to offer crypto developers a stack of user-friendly and secure crypto faucets for EVM blockchains. We’re sure that this product will introduce GetBlock to the new generation of devs who will be ready to launch secure and reliable apps

Sepolia and Amoy testnets are new-gen testing environments that replaced Ethereum Goerli and Polygon Mumbai respectively. They are used to allow developers to experiment with smart contracts and dApps in a risk-free environment. As testnet tokens have zero real value, testing procedures in all these networks can’t result in funds being lost.

All Sepolia faucets are ready to on-board developers 

GetBlock’s cryptocurrency faucets are available free of charge for all users registered with GetBlock regardless of their tier: users of free accounts also can claim free test ETH or MATIC from the faucets.

Users can sign up to GetBlock with either email, Google Account or MetaMask wallet. In paid tariff plans, fiat and crypto payments are available. GetBlock was the first RPC node provider to merge the benefits of Web3 authorization with the support of fiat payment methods.

To prevent the faucets from being spammed and abused, GetBlock implemented some limitations. Crypto faucets users can get 0.02 ETH every day for free. In order to start using GetBlock’s testnet faucets, the developer should have at least 0.001 ETH on his or her wallet. These limitations are introduced to ensure that all developers will be able to get test ETH as soon as possible.

GetBlock expands its contribution to global Web3 ecosystem

With new GetBlock’s crypto faucets, developer will be able to stress-test dApps on major smart contract platforms Polygon and Ethereum, dominant L2s Arbitrum and Optimism, new-gen ZK-powered platforms Scroll, Linea, Base, and zkSync. This release is a part of GetBlock’s non-profit initiatives that are set to support Web3 developers worldwide.

As of 2024, GetBlock released free-to-use explorers for Ethereum, BNB Smart Chain, NEAR Network, Harmony, and so on. With these block explorers, developers and crypto users can navigate through blocks, transactions, accounts, validators without writing a single line of code.

In May 2024, GetBlock launched a Marketplace, a specific free-to-use service that indexes the most reliable, popular, and innovative services available for Web3 users.

Also, GetBlock offers free access to its blockchain nodes for the accounts with 40,000 requests daily. It might be insufficient for commercial dApps, but it is the best way to start with the prototype as well as for the personal usage. GetBlock offers a similar range of blockchains for free and paid users so that every newcomer can experiment with the free version before purchasing his or her first paid packages.

Last but not the least, GetBlock supports Ophir Institute, a unique education initiative for the next generation of Web3 creators. Students of Ophir Institute are building and testing their apps on GetBlock’s nodes for free. As one of the cutting-edge cryptocurrency infrastructure companies, GetBlock is doing its part in the global mission to bootstrap Web3 adoption in various regions of the globe.

GetBlock connects crypto apps to 50+ blockchains, both testnets and mainnets. Its RPC nodes work with up to 99.99% uptime and can be accessed via gRPC, WebSockets, or JSON RPC interfaces. 

Media info:

Company website: https://getblock.io/

Social media links:

Twitter: https://twitter.com/getblockio

Reddit: https://www.reddit.com/user/getblockio

The post Crypto Faucets Launched by GetBlock RPC Node Provider appeared first on CoinChapter.

What is T2 TKN and what does it solve?

T2 TKN is an innovative payment solution set to revolutionize transactional paradigms. Built on the foundation of ‘programmable payments’, T2 TKN enables users to program their payments for goods or services, in fiat or digital currencies, providing risk management for all parties. Every payment from T2 Wallet injects trust and transparency like never before, minimizing the risk of fraud, late payment and other payment problems that are escalating today. Whether you’re transacting for a camera or creative services or personal training sessions, or even if you’re a construction company building a property with many stakeholders, a T2 payment is just ‘set and send’.

Within T2 Wallet, users can also access a Freelancer and Classifieds marketplace to promote their goods or services for sale. This creates a complete ecosystem in which users can only transact with other trusted parties, making T2 Wallet a new payment standard. No more late payments, no more purchase cons and no more bad actors – just clean and straightforward transactions, as it should be.

Token Overview 

– Token name: T2 TKN

– Token symbol:T2TKN/USDT 

– Total supply: 10,000,000,000 

Below are the token utilities:

1. Staking – Lower Fees

– Staking  T2TKN  can  provide  lower  fees  for  users 

2. Staking -Lower interest:

– For any user that stakes T2TKN, it will offer competitive interest rates for their lending needs

3. Staking -Revenue Share:

– By staking your T2TKN and believing in its ecosystem, T2  can  provide  a  passive  income  stream  by  distributing  a  percentage  of  revenue that they collect from transaction fees

4. Referral & Incentive Programs:

– Work as core in its referral program.

5. Arbitration Committee:                        

– T2 TKN understands that sometimes work isn’t delivered to the Client’s standard and to this extent, their payment programs have the ability to deny the release of funds and move to arbitration. And while the initial process for this will be offline, meaning the two parties arbitrate amongst themselves and then provide a verdict to the T2 TKN admins to release the funds appropriately,  their team envisions a future in which T2 TKN users can act as community arbitrators for a dedicated service or business category. Think of it as the ‘community notes’ feature from Twitter, but for arbitrating the quality of services. Even greater is that any user participating as an arbitrator, provided they stake a certain amount of T2TKN and maintain a decent user rating on the platform, would receive income from every job they review, giving them a new passive income stream via the T2 ecosystem. People helping people, all powered by T2TKN.

What are the strengths of  T2 TKN? 

– Robust Security Protocols: By implementing state-of-the-art security measures, T2TKN is a standard for safe transactions when purchase cons, e-commerce fraud, late payment and various other payment problems are escalating at an uncontrollable pace. T2TKN is named after its tagline – A Token of Trust between Two People..

– High Transaction Speed: The ability to process transactions quickly and efficiently sets T2TKN apart from many other cryptocurrencies, which often face scalability issues.

– Comprehensive DeFi Capabilities: Its integration with various DeFi applications allows users to maximize the utility of their tokens, offering opportunities for lending, borrowing, and earning interest.

– Wide Accessibility: The user-friendly design of T2TKN ensures that it is accessible to a broad audience, promoting wider adoption and usage of their programmable payment system.

What does the ecosystem of T2 TKN include?

T2 Wallet – a digital wallet that enables users to program their payments for goods or services, in fiat or digital currencies, for any transactional use case. Every payment program provides a bespoke payment workflow and transaction management tool that fosters trust and transparency like never before.

T2 Freelancer – a marketplace within T2 Wallet for freelancers to post their profile and market their services. A place to be discovered by T2 Wallet users seeking to hire only trusted freelancers. Enabled by programmable payments, T2 Freelancer will soon also include a job board, connecting talent and tasks like never before.

T2 Marketplace – a classifieds marketplace within T2 Wallet for users to post their goods for sale. Whether they’re new or secondhand goods for sale, T2 Marketplace reduces the chance of purchase cons and e-commerce fraud by using programmable payments.

Conclusion

T2TKN aims to become a payment standard for the secure transaction of goods and services. Primarily focused on the growing gig economy, T2 TKN sees a need for someone to step in and offer protection for freelancers and their clients. The utility and global recognition of their token will continue to increase in parallel with user adoption and the development of more unique features. Additionally, navigating the regulatory landscape for payment technology and adhering to strict licensing requirements will be crucial for T2TKN to develop into a global payments leader.

T2 TKN Official Media

Website 

About Coinstore

Accessibility. Security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coinstore seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 7 million users worldwide, Coinstore aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

Coinstore Social Media

Twitter | Discord | Facebook | Instagram | Youtube | Telegram Discussion | Telegram Announcement

The post T2 TKN Announces New Payment Solution for the Gig Economy appeared first on CoinChapter.

Sandstorm, a leading market making firm in the virtual asset space, has committed $4 million in financing over the next two years to Upbots, a cutting-edge crypto trading platform. This funding will support the integration of Upbots’ trading technologies with Sandstorm’s advanced market making capabilities.

Upbots will have the option to draw on the $4 million in committed funding over the course of two years, providing long-term financial stability to enhance its trading platform and expand its range of services.

Upbots, renowned for its comprehensive trading solutions, leverages automated bots, social trading, and advanced analytics to help traders optimize their returns. The financial commitment from Sandstorm is expected to accelerate Upbots’ development, enabling the incorporation of innovative technologies and the expansion of its user base.

This partnership with Sandstorm is set to significantly boost the Upbots ecosystem, fostering rapid growth and ensuring that Upbots can continue to deliver robust trading solutions in varying market conditions for years to come.

About Sandstorm:

Sandstorm is a firm specializing in market making for virtual assets. With a focus on providing liquidity and stability to crypto markets, Sandstorm employs cutting-edge technology and strategic insights to support its clients in navigating the complexities of digital asset trading.

About Upbots:

Upbots is an all-in-one trading ecosystem for cryptocurrency users. It offers a range of trading solutions, including automated bots, social trading, and advanced analytics, to help traders maximize their returns and manage their portfolios effectively.

For more information, visit sandstorminnov.com and upbots.com

The post Sandstorm Commits $4 Million Financing for Upbots Integration appeared first on CoinChapter.

GICAI announced today that its new global digital currency quantitative trading platform has been officially launched. The platform integrates cutting-edge algorithms and AI technology to provide global investors with an efficient and safe high-yield investment channel.

 

As a company dedicated to promoting the forefront of digital currency investment, GICAI’s mission is to use innovative technology to simplify the investment process so that every investor can easily make a profit. GICAI’s CEO said: “Our platform not only marks a major advancement in the field of financial technology and quantitative trading, but also represents our continued commitment to optimizing the investment experience. With the latest artificial intelligence technology, GICAI continues to improve the accuracy and efficiency of market analysis and transaction execution to ensure the safety of funds and stable returns for each user.”

The core advantages of the GICAI platform include:

Global vision: With in-depth insights into global market dynamics, GICAI can capture and utilize the latest trends in the international market and open up global investment opportunities for investors.

Advanced technology application: The platform uses the most advanced AI technology for in-depth market analysis and real-time transaction execution, which greatly improves the efficiency and accuracy of transactions.

Professional team: A team of experienced financial and technical experts provides customers with professional investment advice and customized services to ensure the professionalism of investment decisions and the satisfaction of personalized needs.

Strict compliance: GICAI strictly abides by international and regional laws and regulations to ensure that the platform’s operations are completely legal and transparent.

High-quality customer service: Provide one-to-one investment advisory services and responsive customer support to ensure that each user’s specific needs and concerns are addressed.

With the core function of AI quantitative trading, GICAI not only optimizes trading strategies, but also provides real-time market analysis to help investors effectively manage risks and improve investment returns. In today’s rapidly developing digital currency market, the application of this technology is particularly critical, because the uncertainty and complexity of the market require investors to make quick and accurate decisions.

With the continued expansion of the digital currency market and the accelerated digitalization of the global economy, the launch of GICAI is just in time. The platform not only provides users with a safe and efficient investment tool, but also through continuous technological innovation and in-depth market insights, it is committed to enhancing users’ investment value and promoting the progress of the entire digital currency trading industry.

About the company

GICAI warmly welcomes global investors to join this fintech revolution, explore the future of digital currency investment together, and experience the high-yield investment potential that can be easily achieved through the GICAI quantitative trading platform.

With the growing global demand for advanced financial solutions, GICAI promises to continue to lead the market and provide customers with an unparalleled investment experience. Global investors are welcome to learn more and participate in this exciting investment revolution.

 Website link: https://gicai.ai/

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

The post GICAI launches revolutionary global digital currency quantitative trading platform to improve investment returns and security appeared first on CoinChapter.

Key Takeaways:

Pepe coin price started a downside correction below the $0.0000130 zone.

There was a break below a key bullish trend line with support at $0.0000120 on the daily chart.

The price could consolidate near $0.0000105 before the next move higher.

Pepe Coin Consolidates Strong Gains: Presenting a Golden Buying Opportunity Read CoinChapter.com on Google News

NEW DELHI (CoinChapter.com) — Pepe coin (PEPE) failed to continue higher above $0.0000172 and corrected gains. The price is now approaching a key support at $0.000010.

Pepe coin Price Dips Again

This past month, we saw a steady increase in Pepe coin prices above $0.000010. It outperformed Bitcoin and Ethereum. There was a clear move above the $0.0000150 resistance and the price settled well above the 50-day simple moving average (blue).

The price traded to a new multi-month high at $0.0000172 and recently started a downside correction. There was a move below the $0.0000150 and $0.0000140 support levels. PEPE dipped below the 23.6% Fib retracement level of the upward wave from the $0.00000417 swing low to the $0.0000172 high.

Pepe coin price daily chart | Source: PEPE/USD on TradingView.com

More importantly, Pepe coin traded below a key bullish trend line with support at $0.0000120 on the daily chart. The price is now approaching a major support near the 50-day simple moving average (blue). It is close to the 50% Fib retracement level of the upward wave from the $0.00000417 swing low to the $0.0000172 high.

If the price remains stable above the $0.000010 support zone, it could start a fresh increase. Immediate resistance is seen near the $0.0000125 zone. The first major resistance is near the $0.0000132.

A close above the $0.0000132 level could set the pace for a move toward the $0.0000150 resistance. The main resistance is now near $0.0000172. A daily close above the $0.0000172 resistance zone could open the doors for a move toward the $0.000020 level.

More Losses Before Fresh Increase?

Conversely, Pepe coin might extend losses. The first major support is near the $0.000010 level and the 50-day SMA. A downside break below the $0.000010 support might send the price toward the next support at $0.0000080.

There is also a major bullish trend line in place on the same chart with support at $0.0000080. A downside break below the $0.0000080 support might spark a larger decline. The next key support sits near $0.0000062. Any more losses might call for a test of $0.00000470.

Overall, PEPE price is holding gains above the 50-day simple moving average (blue). It seems like there could be a consolidation phase before the next move toward the $0.0000172 level.

The post Pepe Coin Price Support Line: The Springboard For A Rebound? appeared first on CoinChapter.

Ripple Forms New Partnership, But Will It Save XRP From 42% Drop? Read CoinChapter.com on Google News

NOIDA (CoinChapter.com)— Ripple continues to expand its global partnerships while grappling with ongoing legal challenges with the US Securities and Exchange Commission (SEC).

XRP price action over the last 30 days. Source: CoinStats

Despite Ripple’s efforts, the price of its native token, XRP, has refused to show any signs of life, remaining range-bound between $0.53 and $0.46 since mid-April 2024. XRP bulls would hope the latest update would shake the token out of its reverie.

However, it is likely that the XRP price will continue crabbing until there is a crucial update in the Ripple SEC lawsuit.

Ripple Partnership With Georgia Amid Legal Issues

Ripple’s vice president of central bank engagements, James Wallis, and representatives from EPAM Systems met with the National Bank of Georgia officials to discuss enhancing financial technology and digitalization.

The collaboration builds on Ripple’s role as the technological partner for the NBG’s pilot Central Bank Digital Currency (CBDC) project, the digital lari. The NBG meeting aimed to explore potential avenues for collaboration in financial technology.

The National Bank of Georgia announced its partnership with Ripple on LinkedIn

EPAM Systems, Ripple’s partner, specializes in software engineering services, digital platform engineering, and digital product design.

While this partnership highlights Ripple’s growing influence in global digital currency initiatives, it is essential to temper this optimism with the ongoing legal challenges Ripple faces in the US.

The Ripple SEC lawsuit continues, more than 3.5 years after the regulatory watchdog accused Ripple of raising over $1.3 billion through unregistered securities sales. In July 2023, a court ruled that XRP is not a security when sold publicly on exchanges but is considered a security when sold to institutional investors.

The partial victory provided some relief to Ripple and its community, but significant legal uncertainties remain.

Despite the SEC dropping charges against Ripple’s executives in October 2023, the regulator continues to seek remedies for the alleged unregistered securities sales. The SEC’s pursuit of these remedies aims to address what it views as Ripple’s failure to comply with securities regulations.

This unresolved lawsuit casts a long shadow over Ripple’s ambitions, including the potential approval of an XRP Exchange-Traded Fund (ETF), which Ripple’s CEO, Brad Garlinghouse, views as “inevitable.”

XRP Price Moving Inside Bearish Setup

Meanwhile, XRP price continued moving inside a bearish technical setup called the ‘descending triangle.‘

XRP price formed a bearish setup with a 42% downside target.

Market analysts predominantly consider the descending triangle a bearish continuation signal.

The configuration features a downward-sloping upper trendline, which gradually reduces the price action’s highs, and a flat lower trendline, which is a consistent support level the price finds difficult to break.

Moreover, the pattern suggests that selling pressure is intensifying and consistently overpowering the buyers, leading to successively weaker rallies. In this setup, the potential price target is typically gauged by the maximum height of the triangle at its widest point.

Hence, confirming the bearish pattern might result in the XRP price dropping 42% to reach the projected price target near $0.29.

Though the partnership with NBG could attract buyers, it is safe to say that the majority of XRP traders are waiting on a verdict in the lawsuit.

The post Ripple Forms New Partnership, But Will It Save XRP From 42% Drop? appeared first on CoinChapter.

Pi Network Mainnet Launch Remains A Story Of Delays And Disappointment Read CoinChapter.com on Google News

NOIDA (CoinChapter.com)— Pi Network, the mobile-based crypto-mining platform, might not be able to launch its open mainnet in June, as it had earlier promised.

When Pi Network Mainnet Launch, Rue Users

Pi Network continues to create unnecessary mystery around its open mainnet launch. On June 1, Pi Network’s official X handle claimed that the number of users migrating to the mainnet has reached over 5.58 million.

PI Network might fail to launch its open mainnet in June.

While an impressive number, it still remains far from the platform’s target of 10 million migrated users, one of the key conditions that the team set for its mainnet launch.

Interestingly, one of the conditions is the absence of any unfavorable conditions, which can amount to anything from the founder contracting a nasty stomach bug to a nuclear holocaust. As such, it seems that the mainnet launch in June is unlikely.

That leaves Pi Network miners like Akshay Dingoriya questioning the project. Talking to CoinChapter, Dingoriya said he joined the Pi Network bandwagon during the COVID-19 lockdown in India.

A data analyst and a guitar instructor, Noida-based Dingoriya confessed he did not waste a lot of time mining PI coins and, hence, does not have a massive bag of PI coins. Yet, the constant delays have resulted in Akshay losing faith in the project, and he has abandoned mining PI coins.

The frequent mainnet launch delays are likely to diminish the number of traders looking to buy PI coins in India and other regions.

The Pi Network mainnet launch seems a bullish cue for the PI coin on paper. However, once the mainnet launches, the project will face immense selling pressure from miners who have been hoarding the tokens for years.

Such massive selling pressure will likely force PI coin price close to zero, or at least swipe a massive chunk from its price label. On the other hand, further delays would result in more disillusioned miners abandoning the Pi network, which could ultimately kill the project.

PI Coin IOU Price Stagnant

The only thing flatter than PI coin price action is likely the famous German Autobahn. The Pi Network token’s IOU price on HTX has remained steadfastly below $42 since late April 2024.

PIUSDT daily price chart with RSI.

Should the mood strike and the PI coin price start rallying, the token would likely face resistance from the 0.618 FIB level near $41. Breaking and consolidating above the immediate resistance might help the PI coin price rally to the resistance near $43.5 before paring gains.

Conversely, a downtrend, though equally unlikely given the stagnant nature of the PI coin’s price action, would see the token test the support levels near $37 and $35.

The RSI for PI coin remained (surprise, surprise) neutral, with a score of 44.19 on the daily charts.

The post Pi Network Mainnet Launch Remains A Story Of Delays And Disappointment appeared first on CoinChapter.

In the last few months, there has been quite significant excitement around the Layer 2 tokens, with Optimism (OP) and Polygon (MATIC) battling for dominance. Howe­ver, it seems Optimism is pulling ahe­ad while Polygon struggles to kee­p up. While Optimism and Polygon compete for dominance­, a new entrant ERC-20 coin, Algotech (ALGT), is quie­tly gaining popularity among crypto enthusiasts and traders.

Optimism (OP) Drops 11% Despite Network Growth

Optimism, an Ethere­um scaling solution, has been making waves in the­ crypto world. Recently, the OP toke­n surpassed $2.50, generating excitement among traders and investors for its future. Layer 2 solutions have be­come hugely popular in the past fe­w months. In May, Optimism eme­rged as a leading Layer 2 ne­twork. According to a Coin98 report, Optimism had the most total addresse­s, with an impressive 144 million. Optimism also dominated the­ daily new addresses chart for much of May, showing strong ne­twork growth and user adoption.

While Optimism exce­lled in network metrics, the­ OP token’s price performance­ shows a different story. Data from CoinMarketCap shows OP’s price­ dropped by more than 11% in the last 30 days. At the­ time of writing, OP is trading around $2.47, with a market cap exce­eding $2.6 billion.

However, Optimism looks towards a bright future with promising long-term prospects. Regular developments and new feature­s continue to gain traction. A whopping $6 billion shifted from Ethereum’s main ne­twork to Optimism. This indicates a slew of users drastically favor and find value­ in Optimism.

MATIC Could Reach $0.78-$0.8 if Momentum Continues

Unlike Optimism’s re­cent rise in network metrics, Polygon (MATIC) has struggled to gain much traction in 2024. As we­ near the middle of the­ year, MATIC has failed to build any significant momentum. It is one­ of the most stagnant cryptos, despite its gre­at potential, like Ripple (XRP).

Howe­ver, this stagnation may not last. Technical analysis shows Polygon could get a bullish se­ntiment, possibly reaching $0.8 in June. Spe­cifically, the asset will ente­r the Ichimoku Cloud, which could mean more volatility. Analysts se­e key indicators, like the­ EMA 100 and an Ichimoku baseline support, that could enable­ a potential rally.

In the past seve­n days, MATIC has already increased by 4%, according to CoinMarke­tCap. While a small gain, could signal the starting of a huge upward move. Polygon has be­en testing the 0.618 Fibonacci re­tracement leve­l. Breaking through this resistance could be­ massively important for driving the incoming rally.

If the bre­akout takes place, MATIC could rise to the­ higher parts of the Ichimoku Cloud. It could then me­et more resistance­ levels at other te­chnical barriers. If the upward moveme­nt keeps going, the asse­t might reach the 0.5 Fibonacci leve­l, which is currently betwee­n $0.78 and $0.8.

Analysts Predict ALGT to Hit $1 Post-Launch, Potential 1200x ROI

The Algote­ch presale is currently unde­rway and has already raised over $6.1 million, with the­ project entering its bonus stage­. According to analysts, ALGT is predicted to hit $1 soon after its launch, making it an attractive­ investment opportunity for those se­eking substantial returns. Some e­xperts even sugge­st that ALGT could offer a 1200x return on investme­nt (ROI) during this bull run.

Additionally, Algotech places a strong emphasis on risk manage­ment, employing advanced strate­gies to minimize potential losse­s and enhance overall trading pe­rformance. The platform’s dece­ntralized and transparent nature e­nsures clear transaction visibility, safeguarding use­rs from potential negative marke­t impacts and fostering trust within the community. This approach has helpe­d build confidence among investors and trade­rs.

Algotech’s reward system is also note­worthy, offering users the opportunity to e­arn a share of the platform’s profits based on the­ir investment leve­ls. With eight reward leve­ls ranging from “Sea Urchins” to “The Kraken,” use­rs can earn up to 10% of the platform’s profits by achieving the­ highest investment tie­r. This incentive program has further contribute­d to the growing interest in the­ platform.

Learn more:Visit Algotech PresaleJoin The Algotech Community

The post Optimism (OP) Races Ahead of Polygon (MATIC) – This Underrated ERC-20 Coin is Still More Popular appeared first on CoinChapter.

The crypto market is quite fast-paced, with many projects surfacing daily to vy for explosive growth and market dominance. Staying ahead requires innovation and the ability to leverage both pre-existing and emerging market trends effectively. 

RCO Finance (RCOF) and Dogecoin20 (DOGE20) have emerged as standouts in this highly competitive world. 

These two DeFi projects have grabbed market attention with their innovative and unique value propositions, sparking speculation about which is better positioned for massive growth. In this article, we’ll analyze both projects’ market performance to provide answers to these speculations. Read on to learn more!

RCO Finance Leverages AI To Stay Atop The Latest Market Trends

After reading its whitepaper, every crypto enthusiast would agree that RCO Finance (RCOF) is on a clear path to market dominance, with the prospects of surpassing other top cryptocurrencies in price, market capitalization, and adoption. 

RCO Finance (RCOF) is making a name in the crowded DeFi space by setting new standards with its innovative use of artificial intelligence. With its AI-powered crypto trading platform, excellent tokenomics, and an unwavering commitment to an ambitious roadmap, the project is bound for assured long-term growth. 

Focusing on simplifying investment processes, RCO Finance (RCOF) enables investors to directly purchase a diverse range of real-world assets (RWA), including shares, stocks, bonds, and real estate using their cryptocurrencies. 

This approach eliminates the rigorous process of converting to fiat currency and bypasses lengthy KYC procedures, making investments more accessible, and prioritizing user privacy, all while complying with regulatory requirements. 

Despite these impressive offerings, the core of RCO Finance (RCOF) lies in its AI-powered Robo Advisor, which provides investors with tailored investment strategies based on real-time data analysis. With this tool, investors can optimize their portfolios and eliminate the need for financial advisors, brokers, or fund managers.

Dogecoin20 Builds On A Meme Legacy 

Inspired by Dogecoin (DOGE), Dogecoin20 (DOGE20) is capitalizing on the legacy of its predecessor while introducing new features aimed at driving growth. Specifically, Dogecoin20 (DOGE20) focuses on enhancing transaction efficiency and reducing fees, offering a more practical and user-friendly cryptocurrency experience.

As a result, Dogecoin20 (DOGE20) is not just riding on the coattails of Dogecoin’s fame; it is carving out its own identity with innovations that appeal to a broader range of investors, potentially positioning it for significant growth. 

However, the project is struggling to weather the crypto market storms due to its memecoin nature, which often needs more solid utility with an overreliance on hype. 

The coin plummeted to its record low on June 8, despite just hitting its all-time high on April 28. Now trading -84% from the ATH, Dogecoin20 (DOGE20) only recorded 9 green days in the last 30 days.

RCO Finance Bucks Market Trends With Impressive Presale Performance

From the analysis of RCO Finance (RCOF) and Dogecoin20 (DOGE20), it is clear which has tactically leveraged the best crypto trends to position itself for future growth. While Dogecoin20 (DOGE20) struggles, RCO Finance (RCOF) has bucked market trends, especially with its ongoing presale. 

The presale has been structured to ensure broad accessibility, with 50% of the total token supply allocated for public sale. With a discounted altcoin price of $0.0127 each, over 9 million presale tokens have already been sold in the ongoing Stage 1, highlighting strong investor interest and confidence in the project.

Moreover, this price point is an attractive entry for those looking to maximize their returns, as the token value is expected to increase exponentially at each new presale stage. The anticipated listing price of $0.4 per token suggests that early participants could see over 30x ROIs coupled with tiered gifts and cash prizes worth over $100,000. 

For more information about the RCO Finance Presale:Visit RCO Finance PresaleJoin The RCO Finance Community

The post Dogecoin20 vs. RCO Finance: Who Leads in Leveraging Crypto Trends for Growth? appeared first on CoinChapter.