Ripple Whales’ Accumulation Spree Fails To Revive XRP Price Read CoinChapter.com on Google News

NOIDA (CoinChapter.com)—Ripple whales have started accumulating the project’s native token, XRP. The whales’ accumulation frenzy followed the Federal Reserve’s announcement on June 12 that it would hold interest rates steady.

Furthermore, the US central bank noted that it plans to cut interest rates only once in 2024. Earlier in the year, the Federal Reserve had announced plans for three rate cuts.

Ripple Whales Accumulate

Whales holding between 10 to 100 million XRP showed the most volatility, suggesting active trading or redistribution of assets within this range. Meanwhile, those holding over 1 billion XRP have steadily increased their holdings since mid-April, indicating a deliberate accumulation.

Ripple whales are accumulating XRP tokens.

This trend signifies a strategic positioning by the largest holders, potentially anticipating positive market developments or future price gains.

Smaller whales holding between 1 and 10 million XRP have seen a gradual decrease in their holdings, particularly from December to late March, followed by more variability.

The whale wallets with 100 million to 1 billion XRP tokens stabilized after experiencing a notable drop in early April. The Fed’s talk of rate cuts, even if it is only one in 2024, could be why whales are accumulating XRP tokens.

Lower interest rates generally increase liquidity, encouraging investment in riskier assets such as cryptocurrencies.

XRP Price Drops 10% WTD

Despite Ripple whales accumulating the project’s native token, XRP price dropped nearly 10% WTD to reach a daily low near $0.46 on June 14.

XRPUSD daily price chart with RSI. Source: Tradingview.com

If the downtrend continues, XRP price could drop to the support near $0.45. Moreover, the failure of the immediate support level could drop to the support level near $0.42 before recovering.

On the other hand, the Ripple whale’s accumulation frenzy could help XRP price to reach the resistance near $0.5. Furthermore, breaking and consolidating above the immediate resistance could help the Ripple token price rise to the 50-day EMA (purple wave) resistance near $0.52.

The relative strength index for XRP remained neutral, with a score of 32.22 on the daily charts. The RSI trendline is moving south toward the oversold region, which traders usually consider a bullish reversal signal.

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The Next Breakthrough in Blockchain Gaming: Meta Masters Guild Games (MEMAGX)

On 10th of June 2024, the gaming universe is on the cusp of a transformative era with the emergence of Meta Masters Guild Games (MEMAGX). Drawing inspiration from the explosive trajectory of the Gala Games, which skyrocketed by a staggering 630% to an all-time high (ATH) of $0.8248 on November 21, 2021, MEMAGX is strategically positioned to spark a monumental surge in the 2024/25 bull cycle. This innovative Web3 gaming ecosystem is not just following in the footsteps of Gala Games. It’s poised to carve out its own legendary path, promising an ascent that could very well mirror or surpass the awe-inspiring journey of its predecessor.

Get your MEMAGX tokens today

Rev Your Engines for Rewarding Races: Discover Meta Kart’s Play&Earn Universe

The launch of the Meta Kart Racers beta on 13 May 2024 marked the beginning of an exciting adventure for MEMAGX. Handpick your ultimate racer and kart combination and plunge into electrifying competitions to gather XP points alongside coveted tournament rewards. Meta Kart opens its tracks for free, offering an array of Play&Earn mechanics that cater to every gamer’s preference. Whether you’re drawn to solo ventures or thrive in the heat of PVP battles, Meta Kart ensures an engaging experience for all. Engage in arcade mode for a shot at exclusive NFTs, or rise through the ranks in Meta Kart Tournament Races to secure your MEMAGX tokens.

Revolutionize Your Gaming Experience with MEMAGX

Meta Masters Guild Games is not just another name in the gaming industry, this is a breakthrough. By integrating Non-Fungible Tokens (NFTs) into its fabric, MEMAGX offers an exciting gaming experience that rewards players in real ways. From staking to token trading, the platform ensures every moment spent in the game is not just fun but potentially profitable.

Discover the unique benefits of MEMAGX

Play&Earn Model: Engage in skill-based tournaments, collect resources, and upgrade your gaming assets to earn rewards.

Asset Ownership: Enjoy full ownership of your in-game assets, turning your gaming time into a rewarding investment.

Token Utility: The MEMAGX token is multifunctional – use it for buybacks, staking, or converting to major cryptocurrencies.

Why Invest in MEMAGX Now?

Token Buyback Program: MEMAGX’s unique buyback approach boosts token value by using gaming revenues to decrease market supply.

Tournament Prizes: Skilled players can win $100 – $1000 in MEMAGX tokens in tournaments, enhancing the fun and competitive spirit.

Staking Rewards: Stake MEMAGX tokens to earn up to 12.5% APR, securing both network integrity and a passive income.

Accessible Gaming: With blockchain intricacies operating smoothly in the background, MEMAGX offers an engaging platform for both Web3 aficionados and casual gamers worldwide.

Bright Prospects for MEMAGX

With plans to expand its gaming portfolio, enhance token utility, forge strategic partnerships and engage a vibrant community, MEMAGX is on a trajectory to redefine the gaming industry.

Research the Token Metrics

Circulating supply: 558,706,829

Total supply: 850,000,000

Blocked in the blockchain: 198,973,754

Tokens currently in staking: 130,493,132

Join the wave – Get Your MEMAGX Token on XT.com Now!

This is your opportunity to be part of a gaming evolution that bridges the gap between Web3 and casual gaming. With MEMAGX, experience gaming like never before – immersive, rewarding, and with the potential for significant financial gains. Don’t let this chance slip through your fingers.

Download the beta version of Meta Kart Racers for Android and for Apple.

Connect with the MEMAGX Community:

Twitter: Meta Masters Guild Games (@MEMAGgames)

Telegram: Meta Masters Guild Games

Are you ready to be part of the next big success story in the gaming token world? MEMAGX awaits.

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The cryptocurrency market is hotting up for the 2024 bull run as top cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are hitting new all-time highs. At this time, ETFSwap (ETFS), Aptos (APT), and Maker (MKR) have been picked by top analysts as altcoins to maximize the incoming bull run, as these altcoins have started showing strong signs of bullish candle movements. 

ETFSwap (ETFS) Set To Dominate Altcoins In The 2024 Bull Run

ETFSwap (ETFS) is taking the altcoins world by storm with its groundbreaking ETF trading offerings and the prevailing crypto atmosphere — the imminent Spot Ethereum ETFs approval favors its ecosystem to dominate the 2024 bull run. ETFSwap (ETFS) is reshaping the trajectory of Web3 development as it is introducing cryptocurrency, leveraged, fixed-income, and commodity-tokenized ETFs to be traded profitably on the blockchain. 

Competing with major market makers like Grayscale, VanEck, iShares, and BlackRock, ETFSwap (ETFS) is at the forefront of this transformative by establishing the first trustless protocol that provides investors direct access to institutionally listed ETFs under lucrative, unique platform conditions.

Automic Rewards And Lesser Fees

The trading platform converts all transaction fees collected as sell tax into liquidity for the ETFS reward pool, which is airdropped back monthly to token holders to maximize investment profits. More so, users who hold ETFS tokens enjoy lower trading fees and reduced transaction costs. 

Lucrative Swapping and Staking Systems

ETFSwap (ETFS) makes trading easy and rewarding by running a decentralized ecosystem that allows users to swap ETF assets securely at low costs across multiple ETF markets. More so, investors earn a whopping 87% APR yield on their stakes as the liquidity pool grows. 

Ecosystem Security 

ETFSwap (ETFS) is among the top 15% of the most secure Web3 ecosystem as it has been audited by cyberscope with a 94% top score. Hence, investors are rest assured of the 24/7 security of their ETF assets. 

ETFSwap (ETFS) is already setting the pace for altcoin movements when the 2024 bull run arrives as it just sold out over 200 million tokens in its just concluded stage 1 presale. Now, the altcoin price has skyrocketed 100% to $0.01831. With more investors trooping into the 2024 bull run, the next stage of presale is expected to push the price even higher to $0.03846. 

Aptos (APT) Pushing For High Price Surges In The 2024 Bull Run

Aptos (APT) is yet another top altcoin set to benefit maximally from the 2024 bull run. Being an independent layer1, Aptos simplifies web3 for newbies and experienced users alike. From creator marketplaces to supply chains, data storage to DeFi, and cybersecurity to healthcare, APTOS AI is transforming the landscape of automated decentralized contracts. 

With increased adoption of its blockchain, Aptos has started experiencing an upsurge in price, pushing its native altcoin past the $8 mark in recent months. More so, with the recent announcement of Aptos Labs CEO, Mo Shaik, being selected to serve on a Subcommittee of the US Commodities Futures Trading Commission (CFTC), the native APT token is expected to boom massively in the 2024 bull run. Aptos  could very well smash past its all-time high of $19.92.

Maker (MKR) Among Altcoins To Pick Up Bullish Price Movement

Maker (MKR) is one of the profitable altcoins that has rewarded its early adopters with massive returns on investment, and it has been tipped to reward its holders in the 2024 bull run yet again. Being the utility token of the Maker (MKR) DAO, which is a decentralized lending platform, holders can borrow and lend cryptocurrency without any credit checks. 

The unique MKR token serves several utilities in the Maker DAO ecosystem as it is both a deflationary and governance token which utilizes a unique selection of proprietary technologies to bridge the liquidity gap within the traditional finance sector and the cryptocurrency sector. Little wonder major analysts tip the native MKR token to touch new highs in the incoming bull run.

Conclusion On The Top Altcoins For The 2024 Bull Run 

With unique usabilities to better the development of the Web3 space, ETFSwap (ETFS), Maker (MKR), and Aptos (APT) are well-placed altcoins to make meteoric price surges in the 2024 Bull run while possibly touching new all-time highs. 

For more information about the ETFS Presale:Visit ETFSwap PresalJoin The ETFSwap Community

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AI has brought a remarkable revolution to the financial trading industry. With this, many AI-based coins are taking significant strides in the crypto market. In that sense, coins like RCO Finance (RCOF), Injective (INJ), and NEAR Protocol (NEAR) have shown huge potential to transform investor portfolios. 

However, RCOF has become a prime choice; it offers possible 3,000% gains after completing the presale stages. Let’s explore more.

RCO Finance: The Crypto AI on Everyone’s Radar

As an emerging crypto AI, RCO Finance has caught the eyes of many investors. This AI trading platform helps users buy real-world assets using cryptocurrency and lets users borrow at very low interest rates.

Whether seasoned professionals or novice users, RCO Finance blesses them with personalized investment strategies tailored to meet their financial goals by calculating risk tolerance and market conditions.

Holders of RCO Finance can also enjoy several exclusive perks, such as voting rights, staking, reduced trading fees, and governance privileges. 

Furthermore, this crypto AI platform also offers liquidity pools to ensure sufficient liquidity for trading activities. Besides, RCO Finance provides a high yield from RCOF staking. 

In addition, the platform’s AI robo advisor will allow new and savvy investors to create effective trading strategies to leverage market opportunities and gain a competitive edge. Thus, everyone will have access to potential high returns. 

The above is combined with the platform’s debit cards, allowing you to spend your crypto anywhere and receive additional rewards. 

Injective Shows Bullish Trend

Amidst a broader market backdrop, Injective (INJ) has grown remarkably. The price of INJ made a strong breakout from a descending wedge pattern. INJ surpassed its resistance of $29 and climbed to $30 in early June. 

In addition, the on-chain metrics have also made remarkable progress. Reports revealed that Injective has made a significant uphill climb in the total holders, hitting 48,254. This has displayed growing optimism towards crypto AI INJ. Injective’s team has also announced an INJ token burn of 6 million milestone. This move will further fuel positivity towards INJ’s market sentiment. 

Looking at its price chart, INJ has showcased an inverted head-and-shoulder pattern, suggesting a bullish trend. Moreover, the daily RSI line has also revealed increased buying pressure for INJ. Analysts shared that if Injetive closes above $31, INJ will set its first target at $52. This prediction has made INJ the best crypto to buy now.

NEAR Protocol: Good Time to Buy?

NEAR Protocol (NEAR) has shown excellent growth since early March. However, there was a huge backdrop in NEAR’s price in mid-April. But NEAR didn’t hold back, showcasing a strong momentum of bounce back. The price of NEAR surged back to $8.23 in late May.

Despite paving the path of resurgence, NEAR’s price value again plunged in June. Then, NEAR dropped into the consolidation phase, where its price hovered between $5.93 and $7.64. These severe fluctuations in NEAR’s price action have triggered mixed sentiment among investors.

In a recent technical analysis, the NEAR Protocol exhibits strong momentum despite stagnant indicators. The RSI and stochastic metrics oscillated around a neutral level, displaying a balanced outlook of NEAR. 

While market interest appears hesitant in the short term, experts anticipate this AI crypto will boom in the upcoming trading sessions. They say NEAR’s unique selling point in the AI field will propel the crypto bull run to $14.56 in 2024.

RCOF Offers a Low Entry Barrier To Investors

Currently, RCOF is priced attractively at $0.0127 in Stage 1 of its presale. The price will continue surging until the expected listing price is $0.4 – $0.6. Investors will enjoy huge profits after the launch if they invest in such a low entry point. So, investors should get RCOF now and brace for the future. 

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

The post 3 Best Crypto AI Platforms That Will Shock You and Transform Your Portfolio appeared first on CoinChapter.

BlockDAG (BDAG) continues to excite the crypto community with its Development (Dev) Releases. The 51st Dev Release includes the development of the blockchain Explorer. This release has introduced a powerful synchronization service, ensuring real-time updates and data consistency. Using innovative protocols like WebSocket and HTTP/2, the BlockDAG Explorer provides seamless and efficient communication with the blockchain network.

With the continuous technical upgrades, BlockDAG presale has surged in its Batch 18, as it raises $50.2 million. The coin price has spiked by 1120% from the initial batch 1, reflecting the growing market demand for BlockDAG’s sustainable and innovative practices.

BlockDAG’s Eco-Efficient Mining: 7760+ Miners Sold

BlockDAG Network is driven by Proof of Work consensus, which emerges as a global leader in Layer 1 blockchain technology. Designed with a keen focus on speed, security and decentralization, BlockDAG offers a perfect balance between transactional efficiency and democratic governance. This innovation eliminates block wastage, ensuring optimal performance. Reflecting its technical prowess, BlockDAG’s miner sales have been impressive, with over 7760 miners sold as the presale advances in its 18th Batch. The eco-conscious approach of BlockDAG mining sets it apart from traditional, resource-intensive consensus mechanisms, making it significantly more energy efficient.

The prominent BlockDAG miner rig, X10 miner, exemplifies BlockDAG’s commitment to efficiency and innovation. These compact devices, comparable in size to a standard Wi-Fi extender, are designed for home use without sacrificing power. The X10 can mine up to 200 BDAG daily with its 100 MH/s hash rate, demonstrating remarkable performance despite its small stature. This efficiency has fuelled the BlockDAG presale, propelling it to reach $50.2 million. The coin price has surged by 1120% from the Batch 1 price, now standing at $0.0122 per BDAG, showing the enthusiastic market demand for BlockDAG. With its innovative and sustainable practices, BlockDAG continues to lead the way in the blockchain industry.

BlockDAG Dev 51: Real-Time Sync 

BlockDAG’s Dev Release 51 is generating excitement as the team delves deep into the development of the x1 Miner application and blockchain explorer. While awaiting updates from the Apple Store on the application’s availability, significant progress is being made on the BlockDAG Explorer. This explorer functions like a detective, continuously seeking out new blocks and transactions in the BlockDAG blockchain. The synchronization service plays a crucial role, acting as the detective’s sidekick by fetching and updating data from the blockchain network in real-time.

The synchronization service ensures that the explorer is always up-to-date, providing real-time updates similar to a live newsfeed. To achieve this, the team has implemented cutting-edge protocols like WebSocket and HTTP/2, enabling seamless and efficient communication with the blockchain network. The focus on reliability is equally important, with clever algorithms designed to detect and handle blockchain reorganizations gracefully. This approach maintains data consistency and accuracy, ensuring that users receive accurate and up-to-date information.

It is essential to understanding the underlying data structures of the BlockDAG blockchain, such as block headers and transactions, for effective development. The sync service retrieves block headers and transactions, establishing relationships between blocks to ensure a comprehensive view of the blockchain. The use of WebSocket and HTTP/2 protocols facilitates real-time data updates and bidirectional communication, making the explorer a powerful tool for users.

Throughout the development process, rigorous testing and optimization are conducted to ensure the sync service’s reliability, scalability, and performance. This includes stress testing under high loads and optimizing resource utilization.

Final verdict

The synchronization service revealed in BlockDAG’s Dev Release 51 has elevated the BlockDAG Explorer. By ensuring real-time updates and data consistency using innovative protocols like WebSocket and HTTP/2, the new service improves the technical legacy of the network. This enhancement has attracted more customers, driving heightened presale trends. As Dev Release 51 unfolds, BlockDAG’s presale has surged to an incredible $50.2 million. 

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

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New York, New York, June 14th, 2024, Chainwire

Kadena, the world’s only scalable Proof of Work blockchain, announces a partnership with Lurk Lab to build out a Zero-Knowledge tech stack on the Kadena blockchain that will pave the way for provably secure cross-chain messaging. 

Kadena and Lurk Lab are developing a robust ZK roadmap that includes a ZK bridge between Ethereum and Kadena. In total, there are two milestones that are expected to be accomplished in the second half of 2024, and a third milestone that will be completed later. 

Given Lurk’s comprehensive and unique approach, John Wiegley, Kadena’s Chief Technology Officer, is excited about the robust capabilities being developed for ZKs on Kadena by Lurk Lab. 

“We’re excited to work with Lurk Lab to integrate their zero-knowledge technology into Kadena, particularly for the impact it will have in enabling zero-knowledge cross-chain messaging,” said Wiegley. 

John Burnham, Co-Founder and CEO of Lurk Lab, also shared in the enthusiasm for the partnership and bringing ZK to Kadena. 

“It’s now generally accepted in Web3 that zero-knowledge cryptography is critical to building a world of fast, reliable, and interoperable blockchains, but what’s not yet as widely understood are the tremendous performance and safety advantages unlocked by defining zero-knowledge proofs – and blockchain infrastructure in general – using functional programming techniques. Kadena has long been a leader in this space, and we’re thrilled to be working together to achieve this shared vision of the functional future,” said Burnham. 

About Kadena 

Kadena offers the industry’s only Proof of Work Layer 1 blockchain that is infinitely scalable, secure, and decentralized. Its infrastructure-grade performance and impenetrable network empower users to develop high-value systems using Kadena’s security-focused smart contract language, Pact. Founded in 2017 by Stuart Popejoy and Will Martino, who previously created J.P. Morgan’s first blockchain and led the SEC’s Crypto Steering Committee, Kadena aims to drive widespread blockchain adoption by providing a Web3 platform for solving real-world problems for businesses. Explore more about Kadena at https://www.kadena.io.

About Lurk Lab

Lurk Lab builds tools that make provable computing fast, safe and easy. By combining zero-knowledge cryptography, formal verification and distributed consensus technologies, Lurk enables software to be as reliable and as powerful as mathematics without sacrificing performance.

Contact

Kadena PressKadenapress@kadena.io

The post Kadena Announces Partnership with Lurk Lab to Build ZK Bridge appeared first on CoinChapter.

Tortola, BVI, June 14th, 2024, Chainwire

Stage, with it’s $STAGE token that is set to launch soon on the BNB Chain, launches a platform where music fans directly influence the rise of new stars and get rewarded for it. This platform combines talent, technology and tokens to create a dynamic music ecosystem.

Stage is where artists and fans alike actively participate in shaping the future of music. On Stage, artists upload their video performances and compete in exciting rounds to rise to stardom. Fans play a crucial role by voting for their favorite artists, potentially earning exclusive rewards, and engaging with unique Real World Asset (RWA) Badges. The innovative business model ensures that artists receive 60% of the proceeds from votes cast for them, alongside 10% royalties on RWA Badges. Fans, on the other hand, are rewarded with Stage Badges for their support, making every interaction on the platform mutually beneficial.

The mission at Stage is straightforward: to empower music fans and artists, ensuring that everyone gets a piece of the action. The vision is to build a thriving community where every interaction enriches both fans’ and artists’ journeys.

Backed by top-tier crypto entities such as the Solana Foundation and key industry figures, including the CEO of Kraken US, Stage has additional support from RR2 Capital, Moonrock Ventures, and Cogitent (among others).

The powerhouse team behind Stage includes André Cruz, CEO and Co-Founder, a musician and e-commerce expert with three successful exits; Geoffrey Doyen, CTO and Co-Founder, who brings extensive AI experience from working with Fortune 500 companies; and Francisco Quartin de Macedo, COO and Co-Founder, who previously led a trading desk at blockchain.com.

Stage has also attracted high-profile ambassadors, including celebrities with millions of followers who will help amplify the mission. Among them is Jerry Heil, who ranked Ukraine as Eurovision 3rd Place. Their influence helps Stage reach a global audience and attract top-tier talent to the platform.

By integrating Web 3.0 principles, Stage aims that both artists and fans are fairly compensated and deeply engaged. The platform’s unique approach includes:

Play-to-Earn Model: Gamify the user’s music experience and potentially earn as they participate.

Real World Assets (RWAs): Users can collect and trade digital badges linked to exclusive artist rewards.

AI Music First: Users can compete in AI music competitions and tokenize music samples, melodies, beats, and vocals.

The Token Generation Event (TGE) for $STAGE will be conducted through the reputable launchpads ChainGPT, Decubate and Eesee. This will aim to a broad and invested audience, to potentially maximize the impact and reach of the token launch.

Users can stay updated with Stage’s journey by following on Twitter and joining the Telegram community, to be the first to know about the latest updates and exclusive rewards.

Contact

CTO & Co-FounderGeoffrey DoyenStage Token Inc.info@stage.community

The post Stage Raises $2.4M to Revolutionize the Future of Music appeared first on CoinChapter.

Chainlink Whales Jump Ship Despite New Partnerships, LINK Risks 52% Drop Read CoinChapter.com on Google News

NOIDA (CoinChapter.com)— Chainlink’s native token LINK made significant price gains over the past 12 months, more than doubling from $6.07 in June 2023 to a daily high near $16.4 on June 14, 2024.

The project’s efforts to expand its ecosystem and use cases likely helped LINK price rally higher. Chainlink forged several strategic partnerships in 2023, and the trend continued in 2024. Recently, the blockchain platform partnered with Suku and launched its Cross-Chain Interoperability Protocol (CCIP) on Gnosis.

Chainlink partnered with Suku.

Chainlink’s partnership with Suku aims to accelerate the adoption of blockchain money transfers globally, leveraging Chainlink’s Oracle solutions and technical support.

Additionally, Chainlink’s CCIP and Automation services going live on Gnosis allow users to perform cloud computing functions, significantly reducing gas fees and enabling cross-chain interactions.

However, despite these positive developments, there is an emerging trend that suggests large holders, or whales, are losing trust in the project.

Whales Are Migrating Away From Chainlink

Despite Chainlink’s price more than doubling, the USD balance held by LINK whales has declined significantly. Whale holdings have dropped from $550.56 million on June 4, 2023, to $464.65 million on June 5, per a Santiment report.

Despite Chainlink’s price more than doubling, the USD balance held by LINK whales has declined significantly. Whale holdings have dropped from $550.56 million on June 4, 2023, to $464.65 million on June 5, per a Santiment report, representing a decrease of approximately 15.6% in their USD holdings

When considering the price increase of LINK, the reduction in whale holdings becomes even more substantial when measured in LINK terms.

LINK whale holdings are dropping. Source: Santiment

Initially, whales held around 90.71 million LINK tokens, calculated from their USD balance and the price of LINK at the time.

Currently, with the USD balance at $464.65 million and LINK trading at $17.6, whale holdings have decreased to approximately 26.41 million LINK tokens, a massive reduction of around 70.9%.

This inverse relationship between whale holdings and LINK’s price suggests that whales have been offloading their LINK positions despite the price rally. This behavior could indicate profit-taking or a shift in investment strategies.

Conversely, Ethereum (ETH) whale balances have shown an upward trend, aligning with ETH’s price appreciation over the same period. This divergence indicates that while ETH whales continued accumulating, LINK whales appear to be reducing their exposure.

Another reason for ETH’s growing whale accumulation could be the spot ETH ETF approval, which market participants believe could help the prime altcoin chart new highs. As such, LINK whales might be using their profits from the Chainlink token to shore up their ETH holdings.

LINK Faces Bearish Pressure From Technical Setup

Meanwhile, in addition to the drop in whale holdings, LINK also faces bearish pressure from a technical setup called the ‘descending triangle.‘

LINK price formed a bearish technical setup with a 52% downside target. Source: Tradingview.com

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 LINK price dropping nearly 52% to reach the projected price target of nearly $7.4.

The LINK whales abandoning the project’s ship could force the Chainlink token to confirm the pattern.

The post Chainlink Whales Jump Ship Despite New Partnerships, LINK Risks 52% Drop appeared first on CoinChapter.

Amidst a dynamic shift in the cryptocurrency landscape, Adam Carl Waldman, CEO of ValueZone, a pioneering cryptocurrency trading platform, has projected that crypto derivatives will significantly influence Bitcoin’s trajectory and the broader integration of digital currencies into ValueZone. This insight aligns with expert analyses suggesting that derivatives for Bitcoin (BTC) and Ethereum (ETH) are key to propelling these leading cryptocurrencies to unprecedented heights.

The Expanding Role of Crypto Derivatives:

As digital assets continue to weave into the fabric of traditional financial systems, crypto derivatives are becoming indispensable tools for investors seeking to manage risk, leverage positions, and gain exposure without holding the underlying assets. “Derivatives are critical in maturing the market, offering necessary mechanisms for price discovery and hedging strategies that are well-established in conventional financial markets,” stated Waldman during a recent fintech conference.

Integration into Traditional Finance:

The latest integration of cryptocurrencies like Bitcoin and Ethereum into ValueZone is not just a trend but a transformation that derivatives are accelerating. By providing more complex financial instruments, derivatives enhance the liquidity and stability of cryptocurrency markets. This makes them more attractive to institutional investors who require sophisticated trading tools akin to those available in traditional asset classes.

Driving Cryptocurrencies to New Highs:

According to recent studies and expert opinions, the continued development and adoption of cryptocurrency derivatives are expected to propel Bitcoin and Ethereum to new all-time high prices. These instruments allow for greater market participation, enabling both retail and institutional investors to speculate on price movements more securely and efficiently.

ValueZone’s Strategic Initiatives:

In anticipation of these market developments, ValueZone is actively enhancing its derivatives trading capabilities. The platform is introducing a broader range of derivative products, including options and futures, tailored to meet the growing needs of sophisticated traders. “Our goal is to equip our users with a comprehensive suite of derivative instruments that will allow them to navigate the crypto markets more effectively, whether they are hedging or speculating,” Waldman added.

Educational Commitment and Market Readiness:

To ensure traders are well-prepared to leverage these opportunities, ValueZone is committed to providing extensive educational resources focused on derivatives trading. These include tutorials, webinars, and real-time analytics that help demystify derivatives and illustrate their practical applications in cryptocurrency trading.

Future Outlook and Continued Innovation:

Looking forward, ValueZone remains at the forefront of innovation in the crypto space. The platform continues to adapt and evolve, preparing for future shifts in the market landscape that derivatives are likely to instigate. With a keen eye on regulatory developments and technological advancements, ValueZone is poised to lead the charge in defining the future of cryptocurrency trading.

As the cryptocurrency market matures, the role of derivatives in shaping its future becomes increasingly significant. Under the leadership of Adam Carl Waldman, ValueZone is setting new standards in derivatives trading within the crypto industry, providing traders with the tools and knowledge necessary to succeed in this evolving market.

For more information about how to get started with ValueZone and make the most of the crypto summer, visit https://valuezone.ai or use media contacts.

Media Contact DetailsContact Name: Siodina EdgarContact Email: siodinaedgar@valuezone.aiCompany Name: Wealth Investment Blockchain Company Ltd.City/Country: Essex, United KingdomWebsite: https://valuezone.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 & securities.

The post ValueZone Leads with Innovative Crypto Derivatives, Aiming for Market Highs appeared first on CoinChapter.

In a significant development for the cryptocurrency world, BlockDAG Network has launched its much-anticipated X1 Miner App on the Apple App Store. This release marks the dawn of the “Smart-Mining” revolution, enabling users to mine cryptocurrencies directly from their smart iOS devices. For Android users, the app is currently available in its BETA version, with the full version set to launch soon.

The X1 Miner App aims to democratize cryptocurrency mining by making it accessible to everyone, regardless of their experience level and geographical location. The app features a user-friendly interface that simplifies the mining process making it a perfect journey for both beginners and seasoned miners. Users can easily sign up and log in using their phone number and OTP verification which ensures a seamless onboarding experience.

 One of the standout features of the X1 Miner App is the presale opportunity it offers. With the project on the verge of raising a historic $50 million, now is an ideal time for users to get involved and secure their share before the price increases and they can do so through the App. Additionally, the app allows users to invite friends to their mining circle, boosting their mining power once the blockchain goes live in September with the mainnet launch.

 The current version of the app includes a robust settings module that enables users to customize their experience. The referral feature further incentivizes users by allowing them to increase their earnings through network expansion.

 Looking ahead, BlockDAG has outlined several exciting features that will be integrated into the X1 Miner App. These include wallet support for managing cryptocurrencies within the app, the ability to mine BDAG coins and gain from it once the mainnet launches, and seamless login and signup options through social media integrations with Google, Facebook, and Apple. Users will also be able to purchase cryptocurrencies directly within the app, and a real-time chat and support module will enhance user communication and customer service relations.

 In terms of project milestones, BlockDAG Network plans to launch its testnet in August, giving users the opportunity to start mining BDAG. The mainnet is slated for a September launch, which will enable full-scale mining and operations.

 iOS users can download the X1 Miner App from the Apple App Store from now while Android users are encouraged to download the latest BETA version APK while they await the full version’s release on the Google Play Store. 

BlockDAG Network and “Smart Mining”

 Mining plays a crucial role in the crypto landscape. Traditionally, cryptocurrency mining involves the use of powerful computers to solve complex mathematical problems, securing the blockchain network and validating transactions in the process. This activity, while essential, often requires significant technical expertise and substantial financial investment in hardware and energy consumption.

 “Smart Mining” is an innovative approach to regular crypto mining and it is designed to make cryptocurrency mining more accessible, efficient, and inclusive. BlockDAG Network has pioneered this concept with the launch of its X1 Miner App.

 The principles of Smart Mining focus on accessibility, efficiency, and passive income generation. By integrating these principles into their app, BlockDAG Network aims to democratize the mining process, allowing anyone with a smartphone to participate and earn cryptocurrency without the need for expensive hardware or extensive technical knowledge.

 The X1 Miner App also epitomizes the concept of “on-the-go” mining. This innovative application transforms any iOS or Android device into a portable mining rig, enabling users to mine BDAG coins from anywhere in the world. The app’s user-friendly interface guides users through the setup process, making it easy for both beginners and experienced miners to start mining quickly.

 One of the key benefits of using the X1 Miner App is the potential for daily passive income. By mining BDAG coins through the app, users can earn a steady return without having to actively manage their mining operations. This passive income stream can be a significant advantage for individuals looking to diversify their investment portfolio or generate additional revenue.

With the X1 Miner App now live on the Apple App Store and its imminent release on Google Play Store, BlockDAG Network invites everyone to join the Smart Mining revolution. Download the app, start mining, and be part of the next big thing in cryptocurrency, reaping the benefits of daily passive returns and contributing to the growth of a decentralized financial ecosystem.

Read About BlockDAG Presale:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram:https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post BlockDAG Network’s X1 Miner App is Now Available on Apple App Store: What’s New for Users appeared first on CoinChapter.

Metallicus announces the addition of Sandeep Uthra, Chief Technology Officer at OneAZ Credit Union, to the Metal Blockchain advisory council. His appointment brings unparalleled expertise in tailoring blockchain solutions for Credit Unions, focusing on critical areas such as digital payments, stablecoins, digital identity, and private subnets, thereby amplifying Metal Blockchain’s value for financial institutions.

“Sandeep’s distinctive take on credit union innovation elevates our work to adapt Metal Blockchain for the financial sector,” stated Don Berk, Chief Operating Officer of Metallicus. “His position is critical to our mission of aligning blockchain technology with the expansive requirements of the US financial industry.”

Sandeep Uthra brings a wealth of experience from his tenure as Chief Technology Officer at OneAZ Credit Union. This positions him uniquely to assist Metallicus in expanding Metal Blockchain’s reach and commercial viability across the US financial landscape.

“I am super excited to support Metallicus in advancing blockchain technology within the Financial Services industry. Our efforts will focus on leveraging blockchain to reimagine banking, simplify processes, and enhance the fulfillment speed for credit unions and their members,” stated Sandeep Uthra, Chief Technology Officer at OneAZ Credit Union.

Moreover, Sandeep Uthra will play a crucial role in helping Metal Blockchain build a consortium for multiple credit unions, through the Metal Blockchain Banking Innovation Program. This consortium aims to create various use cases that would reduce costs, mitigate risks, and increase the probability of successful use case deployments, leveraging the collective expertise and resources of multiple credit unions.

For more information about Metallicus and Metal Blockchain, please visit metalblockchain.org.

###

About Metal Blockchain

Metal Blockchain, developed by Metallicus, is an innovative Layer 0 blockchain technology dedicated to tackling global finance challenges with its scalable, secure, and decentralized infrastructure built on the foundation of BSA Compliance. The versatile nature of Metal Blockchain’s infrastructure enables developers to craft customized solutions for a wide range of financial applications, promoting innovation and growth within the global financial sector. Guided by the vision of CEO Marshall Hayner, Metal Blockchain aims to transform the financial industry by embracing compliance-driven innovation.

The post OneAZ Credit Union’s CTO, Sandeep Uthra, Joins Metal Blockchain Advisory Council appeared first on CoinChapter.

Encrytionswap exchange officially announces the launch of its globally leading privacy protection feature, aimed at significantly enhancing user transaction security. This new feature utilizes state-of-the-art encryption technology and multi-layer security protocols to provide users with the highest level of privacy protection, preventing data leaks and unauthorized access. This move once again showcases Encrytionswap exchange as an industry leader in the field of digital asset trading.

Advanced Encryption Technology

The newly introduced privacy protection feature is based on cutting-edge encryption technology, including end-to-end encryption, zero-knowledge proofs, and multi-signature authentication. End-to-end encryption ensures that users’ transaction data remains encrypted throughout the transmission process, making it impossible for even the platform to access this data. Zero-knowledge proofs allow users to verify the validity of transactions without revealing specific transaction details, thus protecting user privacy. Multi-signature authentication enhances transaction security by requiring multiple signature verifications before execution, further preventing unauthorized access.

 

Data Leak Prevention Mechanisms

Encrytionswap exchange’s new feature also includes a range of data leak prevention mechanisms. These mechanisms utilize techniques such as behavior analysis, anomaly detection, and real-time monitoring to detect and block any attempts to access user data without authorization. Through these measures, the platform can swiftly identify and respond to potential security threats, ensuring the security of user data.

User-Controlled Privacy Settings

The new feature provides users with more privacy control options. Users can set the level of privacy protection according to their needs, including choosing which information can be made public and which information requires encryption protection. Through a user-friendly interface, users can adjust privacy settings at any time, ensuring optimal protection of their personal data in any situation.

 

Security Audits and Compliance

Encrytionswap exchange not only values privacy protection at the technical level but also strictly adheres to international data privacy regulations, such as the GDPR (General Data Protection Regulation) and CCPA (California Consumer Privacy Act). The platform conducts regular security audits to ensure that all privacy protection measures comply with the highest industry standards. Additionally, the platform collaborates with third-party security organizations to conduct independent privacy and security assessments, ensuring the absolute security of user data.

Comprehensive Protection of User Rights

The introduction of the privacy protection feature not only enhances the security of user transactions but also provides comprehensive protection of user rights. Encrytionswap exchange commits to not share or sell user data without user consent under any circumstances. The platform’s privacy policy is transparent and publicly available for users to access at any time, allowing them to understand how their data is used and protected.

 

Market Response and Future Development

Since the release of the new feature, it has received a positive market response, with users expressing a significantly increased trust and improved user experience on the platform. Encrytionswap exchange will continue to invest in the research and development of privacy protection technology, continuously introducing new security features to meet the growing privacy protection needs of users.

 

Industry Leadership

As an industry leader in the field of digital asset trading, Encrytionswap exchange consistently strengthens its market-leading position through continuous technological innovation and excellent user service. The introduction of this privacy protection feature further demonstrates the platform’s leading advantages in terms of technical capabilities and user security.

 

Encrytionswap exchange will continue to dedicate itself to providing users with the safest and most reliable trading environment, promoting the development and standardization of the digital asset market. The platform will continue to monitor and update security measures to ensure users enjoy a worry-free trading experience.

 

Media contact

Contact: Karl T. Guzman

Company Name: Encrytionswap

Website: https://trade.encrytionswap.com

Email: Guzman@encrytionswap.com

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 Encrytionswap Exchange Launches Globally Leading Privacy Protection Feature, Enhancing User Transaction Security appeared first on CoinChapter.

Alpha Sigma Capital Research, a subsidiary of Alpha Transform Holdings digital asset investment and advisory organization, released the May report on ASC AI Index (AAI). AAI tracks the price performance of the top tokens in the AI sector, using a rules-based criteria designed to reflect the landscape of AI tokens. The index includes the top 30 tokens that meet the minimum criteria of market capitalization, daily trading volume, and quality of exchange venues. AAI serves as a performance tracker for the crypto AI sector and will also be developed into an investable basket product in the future for investors seeking AI-sector specific exposure within the cryptocurrency industry.

Read the full report here.

To receive monthly reports on ASC AI Index to your inbox, subscribe to alphasigmacapitalresearch.substack.com. 

About Alpha Sigma Capital Research

Active Investing in the Blockchain Economy.

Alpha Sigma Capital Research is provided by Alpha Sigma Capital Advisors, LLC, the Investment Manager for the Alpha Blockchain/Web3 Fund and Alpha Liquid Fund.  Alpha Sigma Capital (ASC) investment funds are focused on emerging blockchain companies that are successfully building their user-base, demonstrating real-world uses for their decentralized ecosystems, and moving blockchain technology towards mass-adoption. ASC is focused on companies leveraging blockchain technology to provide value-add in areas such as fintech, AI, supply chain, and healthcare. Apply to receive research at  www.alphasigma.fund/research.

About Alpha Transform Holdings

Alpha Transform Holdings (ATH) is a digital asset organization dedicated to ushering in the future of blockchain-powered Web3. With our deep knowledge and expertise, we invest in and advise innovative companies and decentralized projects that leverage blockchain technology to revolutionize traditional industries such as financial services, healthcare, media & entertainment, and more. We work closely with portfolio companies to drive value while creating outsized returns and are renowned for our detailed research on growing blockchain initiatives. Our mission is simple: to accelerate the mass adoption of distributed ledger technology through investments that provide impactful solutions with long-term sustainability. Our vision is an open, connected world powered by secure decentralized systems so that everyone can benefit from the new tech economy. https://www.alphatransform.io/

DISCLAIMER

This is for informational use only. This is not investment advice. Other than disclosures relating to Alpha Transform Holdings (ATH) and Alpha Sigma Capital (ASC) this information is based on current public information that we consider reliable, but we do not represent it as accurate or complete, and it should not be relied on as such. The information, opinions, estimates, and forecasts contained herein are as of the date hereof and are subject to change without prior notification. We seek to update our information as appropriate.

Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice or interpreted as a recommendation. The price of crypto assets may rise or fall because of changes in the broad market or changes in a company’s financial condition, sometimes rapidly or unpredictably. Past performance is not a guide to future performance, future returns are not guaranteed, and a loss of original capital may occur. Fluctuations in exchange rates could have adverse effects on the value or price of, or income derived from certain investments. We and our affiliates, officers, directors, and employees, excluding equity and credit analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives, if any, referred to in this press release.

The information on which the information is based has been obtained from sources believed to be reliable such as, for example, the company’s financial statements filed with a regulator, the company website, the company white paper, pitchbook, and any other sources. While Alpha Sigma Capital has obtained data, statistics, and information from sources it believes to be reliable, Alpha Sigma Capital does not perform an audit or seek independent verification of any of the data, statistics, and information it receives.

Unless otherwise provided in a separate agreement, Alpha Sigma Capital does not represent that the contents meet all of the presentation and/or disclosure standards applicable in the jurisdiction the recipient is located. Alpha Sigma Capital and its officers, directors, and employees shall not be responsible or liable for any trading decisions, damages, or other losses resulting from, or related to, the information, data, analyses, or opinions within the report.

Crypto and/or digital currencies involve substantial risk, are speculative in nature, and may not perform as expected. Many digital currency platforms are not subject to regulatory supervision, unlike regulated exchanges. Some platforms may commingle customer assets in shared accounts and provide inadequate custody, which may affect whether or how investors can withdraw their currency and/or subject them to money laundering. Digital currencies may be vulnerable to hacks and cyber fraud as well as significant volatility and price swings.

The post Alpha Sigma Capital Research Releases May Report on ASC AI Index appeared first on CoinChapter.

In the volatile and ever-evolving world of cryptocurrencies, a new star is emerging to challenge the dominance of traditional dog-themed memecoins: Shiro Coin. Inspired by the majestic and independent nature of cats, Shiro Coin is poised to capture the space once dominated by canines.

The Rise of Shiro Coin

While Shiba Inu and other dog coins have ruled the memecoin market, Shiro Coin comes with an innovative and humorous proposition, focused on cats. With a catchy and irreverent tone, the creators of Shiro Coin invite investors to leave behind the dog days of memecoins and embrace the charm and elegance of felines.

Interoperability and Accessibility

One of Shiro Coin’s biggest promises is its wide accessibility. The coin is integrated with multiple blockchains, including Binance Smart Chain (BSC), Ethereum (ETH), and Solana, providing users the flexibility to choose the network that best suits their needs. This cross-chain approach not only increases Shiro Coin’s liquidity but also facilitates its use across different platforms and markets.

A New Horizon for Memecoins

With integration into three of the leading blockchains in the market, Shiro Coin strategically positions itself to attract a wide range of investors and cryptocurrency enthusiasts. The promise of greater liquidity and accessibility is a strong point that can help the coin stand out in a market saturated with similar options.

Shiro Coin is more than just a new memecoin; it is a statement that the days of dog-themed coins are over, and the era of cats has begun. With its playful spirit and a solid cross-chain integration strategy, Shiro Coin is ready to purr loudly in the cryptocurrency universe. Whether you are a cat lover or simply looking for a new opportunity in the crypto market, Shiro Coin deserves your attention.

For those interested in exploring this new feline adventure, Shiro Coin offers a promise of innovation and growth in an ever-changing market. Follow this journey and discover what the future holds for Shiro Coin!

SOCIALS:Pinksale: Click here

X/Twitter: https://x.com/ShirocoinToken

Website: https://www.shirocoin.io/

The post Shiro Coin: The Feline Sensation in the World of Memecoins appeared first on CoinChapter.

$GIGA and the future: With all the right ingredients to be a billion dollar coin in the future it’s no surprise the success it’s had in already capturing peoples attention like UFC fighter Paulo Costa who has posted $GIGA multiple times on his Instagram and X account.

It’s only a matter of time before more big names flock to the coin and $GIGA gets the attention it deserves and gets listed on major exchanges sending $GIGA to billions in market-cap.

Understanding Giga Chad: The Meme

Giga Chad, a term derived from the Greek word “gigas,” meaning giant or immense, and “Chad,” a name commonly associated with strong and dominant males, has become a popular online slang term used to describe an idealized concept of what a man should be. The meme emerged from the @sleekntears Instagram page, which featured images of a male model, Ernest Khalimov, showcasing an unbelievable amount of abs and muscles. The images were then shared on various online platforms, including Reddit and 4chan, where the term “GigaChad” was first used.

The Giga Chad meme serves as a satirical take on societal expectations, sparking conversations about toxic masculinity and the diversity of male experiences. It has found its way into mainstream discourse, leading to a reevaluation of the traditional notions of masculinity and the impact of media and social expectations on self-perception.

Giga Chad and Crypto: The $GIGA Coin

The Giga Chad meme made its way into the crypto world when people started using the term as the top complement in crypto when referring to someone who makes difficult, almost heroic decisions and now with the creation of the $GIGA coin there is finally a solid meme token based on the meme. This coin, like other meme coins before it, is a cryptocurrency that draws its value not from any intrinsic utility or underlying technology, but rather from the strength of its community and the virality of its associated meme.

The $GIGA coin has quickly gained a following among crypto enthusiasts, who see it as a potential investment opportunity. This is partly due to the meme’s strong online presence in and outside of crypto, and the growing interest in the Giga Chad concept. The coin’s supporters believe that the meme’s cultural significance and the potential for it to continue to grow in popularity could drive up the value of the $GIGA coin, much like what happened with Dogecoin and Pepe.

Why $GIGA Could Be the Next Doge or Pepe

The $GIGA coin has several factors that could contribute to its potential to become the next big thing in the crypto world:

1. Strong Meme Culture: The Giga Chad meme has a strong following and is widely recognized, which could help drive interest and investment in the $GIGA coin.

2. Community Support: The $GIGA coin has a dedicated community of supporters who believe in its potential to become a top meme coin.

3. Potential for Virality: The Giga Chad meme has stood the test of time with increasing interest, which could lead to a significant increase in the value of the $GIGA coin. Even more interesting is Giga Chad has multiple filters already on platforms like Instagram, TikTok, and Snapchat, no other meme coin has that

4. Market Dynamics: The crypto market is known for its volatility and the potential for significant gains. If the $GIGA coin catches on, it could see a rapid rise in value, similar to what happened with Dogecoin and Pepe.

5. Elon and GIGA: As we all know Elon is huge on the word  Giga as he even named his factories GigaFactories and with the potential virality of the meme coin $GIGA it is hard to see Elon not interacting with this token and community if it reaches the billions in market-cap.

6. How To Buy:1. Download ‘Phantom Wallet’ on mobile or chrome extension2. Purchase Solana on an exchange3. Send SOL to your Phantom Wallet or buy though the app on Moonpay4. Select “Swap” and search for “gigachad”5. Swap SOL for GIGA

In conclusion, the Giga Chad meme has captured the cultural zeitgeist with its humorous yet poignant commentary on societal expectations. The $GIGA coin, riding on the wave of this meme’s popularity, has the potential to become a significant player in the crypto world. However, like all investments, it comes with risks, and potential investors should conduct thorough research before making any decisions.

X: www.x.com/gigachad_memeTG: https://t.me/GigaChadSolLinktree: https://linktr.ee/gigachadlinksWebsite: https://www.gigachadsolana.com/

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 Rise of Giga Chad: Understanding the Meme and Its Crypto Potential appeared first on CoinChapter.

Blast off with Beyond OTC, a name echoing through the cryptosphere. They empower ventures with a comprehensive toolkit for success in the ever-evolving realm of digital assets. Beyond OTC recognizes the fuel for achievement: strategic fundraising, forged connections, and stellar deals.

Your Crypto CopilotSince its arrival, Beyond OTC has become a trusted navigator for a growing number of crypto projects. Their seasoned team expertly guides ventures through fundraising complexities, secures alliances, and unlocks exclusive deals that propel growth.

Tailored for Every Voyage

Beyond OTC understands each venture is unique. Their personalized approach equips every project with the specific tools needed to thrive. From crafting mesmerizing pitches to pinpointing ideal funding, Beyond OTC positions clients to secure the capital needed to launch towards new heights.

Galactic Network

Collaboration is key. Beyond OTC leverages its vast network of A-list partners, industry experts, and celestial marketing agencies to provide invaluable connections and cosmic insights. This grants access to critical resources and fosters alliances that accelerate development and expansion.

Unearthing Stellar Deals

Beyond OTC breaks the mold. Their deep market understanding unearths exclusive investment opportunities, strategic partnerships, and collaborative ventures perfectly aligned with your project’s goals. These deals act as a slingshot, propelling you to the forefront of the crypto universe.

Beyond OTC: Your Crypto Wingman

In this dynamic frontier, Beyond OTC stands out as a beacon of support. They offer the expertise, connections, and opportunities to not only survive but forge a luminous path in the ever-shifting landscape of digital assets. Let Beyond OTC be your crypto wingman, guiding you on your cosmic voyage towards extraordinary success.

Join Beyond OTC and unlock your crypto potential!

Telegram : https://t.me/BeyondOTCTwitter: https://x.com/beyond_otcWebsite : https://beyondotc.com/

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 Beyond OTC Soars in Crypto Fundraising, Networking, and Deal Flow appeared first on CoinChapter.

DigiFolio, a leading web3 company, is excited to announce the addition of five distinguished professionals to its advisory board. These experts will provide strategic guidance and support as DigiFolio continues to drive innovation and expand its suite of digital asset solutions.

Luis García, Brand Ambassador: Renowned for his achievements on the football pitch, Luis García embodies excellence and innovation. His global influence and credibility will be instrumental in promoting DigiFolio’s mission of technological advancement and digital innovation.

Marc Domenech, Tech Advisor: Bringing nearly two decades of experience from his tenure at NVIDIA in the META region, Marc will spearhead business engagement strategies and uncover pivotal strategic opportunities, particularly in DigiFolio’s AI-focused projects.

Himanshu Gulati, Legal Advisor: A Norwegian politician and former State Secretary, Himanshu brings a wealth of experience in legal and regulatory affairs. His insights will help navigate the complex legal landscape of the web3 space, ensuring DigiFolio remains at the forefront of compliance and innovation. 

Hadir Gaber, Marketing Advisor: With over four years of experience in blockchain and cryptocurrency as a trader and instructor, Hadir will support DigiFolio in developing robust marketing and branding strategies, leveraging her extensive network and industry knowledge.

Muhammad Taufique, Development Advisor: Co-Founder of Blockliz, Taufique has launched over 100 successful blockchain projects. His strong background in blockchain development and consulting will be pivotal in advancing DigiFolio’s technological capabilities and driving innovation within the ecosystem.

“We are thrilled to welcome such a talented and diverse group of advisors to our team,” said Azat Shahanov Co-founder, of DigiFolio. “Their combined expertise will be instrumental in driving our strategic initiatives and reinforcing DigiFolio’s position as a leader in the digital asset space.”

About DigiFolio

DigiFolio is a Hong Kong-based web3 company with projects including DigiFolio Portal, Digi Wallet, Digi Play, Digi Swap, and Digi AI. Powered by DigiToken, our ecosystem enables secure and efficient digital asset transactions and investments.

 

Presale Link: Join the DigiFolio Presale https://presale.digifolios.com 

Contact Information

Email: info@digifolios.com

Website: https://digifolios.com

Socials: https://linktr.ee/digifolio

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 DigiFolio Announces New Advisory Board Members to Propel Growth and Innovation appeared first on CoinChapter.

Dubai, UAE, June 14th, 2024, Chainwire

MultiBank.io, the cryptocurrency division of the renowned TradFi broker MultiBank Group, is set to revolutionize the financial landscape with the launch of Real-World Assets (RWAs).

This innovative initiative simplifies the integration between cryptocurrency and traditional markets, eliminating the need for complex transactions. Soon, users will be able to effortlessly navigate between cryptocurrencies and traditional assets like stocks, indices, and commodities within the secure and user-friendly MultiBank.io platform.

Expand Your Investment Horizons:

Invest in Tech Titans: Gain access to invest in industry leaders like Microsoft (MSFT/USDT), Apple (AAPL/USDT), and Amazon (AMZN/USDT).

Diversify with Stability: Hedge your portfolio with timeless assets like gold (XAU/USDT).

Ride Market Trends: Track broader market movements with the S&P 500 Index (S&P500/USDT), gaining exposure to the top 500 US publicly traded companies.

Why Choose MultiBank.io for RWAs?

MultiBank.io seamlessly integrates Real-World Assets (RWAs) for a unified investment experience, combining traditional investing, crypto, and up to 1000x leverage.

Effortless Integration: Trade seamlessly between crypto and RWAs within a single, intuitive platform.

Unwavering Security: Industry-leading security protocols ensure complete peace of mind for your investments.

Frictionless Trading: Execute trades with confidence and speed using our user-friendly interface and robust liquidity.

24/7 Expert Support: A dedicated team of professionals is always available to guide you.

More Than an Exchange, MultiBank.io is Your Investment Ally

Imagine a world where crypto and traditional markets work together. MultiBank.io’s soon-to-be-announced RWAs are the key, unlocking a truly unified investment landscape!

Invest beyond crypto. Invest in your future. Sign up with MultiBank.io today and unlock a world of boundless investment possibilities!

ABOUT MULTIBANK.IO

MultiBank.io, a leading cryptocurrency exchange under MultiBank Group, offers a user-friendly platform for instant, secure trading including Bitcoin and Ethereum, crypto derivatives, and soon Real-World Assets. For more information, visit https://multibank.io

ABOUT MULTIBANK GROUP

Founded in California, USA, in 2005, MultiBank Group has grown to command a daily trading volume exceeding $12.1 billion, serving over 1 million customers. MultiBank Group has matured into one of the largest online financial derivatives providers globally, offering an array of brokerage services and asset management solutions. The group’s award-winning trading platforms offer up to 500:1 leverage on a diverse range of products, including Forex, Metals, Shares, Commodities, Indices, and Digital Assets. For more information, visit https://multibankfx.com 

Ready to break down the barriers? Visit https://multibank.io/ and create your free account today!

Contact

Faouz Rejebfaouz.rejeb@multibank.io

The post MultiBank.io Bridges the Gap: Introducing Real World Assets (RWAs) for Streamlined Investing appeared first on CoinChapter.

Key Takeaways:

Toncoin price is outperforming Bitcoin with gains above the $7.50 resistance.

TON cleared a major contracting triangle with resistance at $7.00 on the daily chart.

There could continue to rise unless there is a close below the $6.50 support.

Toncoin price prediction Read CoinChapter.com on Google News

NEW DELHI (CoinChapter.com) — Toncoin price is rising while Bitcoin is slowly moving lower. The bulls seem to be in action and there could be a drift toward the $8.80 resistance.

Toncoin Price Extend Gains

In the last Toncoin price analysis, we discussed the chances of more upsides above the $7.00 resistance zone. The bulls remained in action, as the price settled comfortably above the 50-day simple moving average (blue). It even outperformed Bitcoin and Ethereum in the past 2-3 sessions.

There was a close above the 50% Fib retracement level of the main drop decline from the $8.80 swing high to the $4.62 low. More importantly, TON cleared a major contracting triangle with resistance at $7.00 on the daily chart.

Toncoin price daily chart | Source: TON/USD on TradingView.com

TON price is up over 5% and is showing positive signs above the $7.50 resistance zone. It seems to be consolidating above the 76.4% Fib retracement level of the main drop decline from the $8.80 swing high to the $4.62 low.

Recently, TON’s team shared an update about the Total Value Locked (TVL). It increased over 2,000% from $22.9 million TVL in March 2024 to $500 million. Besides, the TON blockchain has recorded more daily active addresses than Ethereum nearly every day this month, suggesting a continuous growth of its network.

BREAKING: $500M Total Value Locked (TVL) The GDP of a small country is in use across #TON's apps. This incredible achievement is yours, TON Community!From $22.9M TVL in March 2024 to more than half a billion today – over 2,000% increase. It’s still only the beginning.… pic.twitter.com/bE3xqohACG

— TON (@ton_blockchain) June 13, 2024

If the bulls remain in action, the Toncoin price could continue to rise. Immediate resistance is near the $8.00 level. The first major resistance is at $8.20. A clear move above this resistance could send the price toward the $8.80 resistance.

If the bulls push the price above $8.80, it could easily rally toward the $9.25 resistance. Any more gains might open the door to a move toward the $10.00 level.

Downside Correction In TON?

Conversely, TON could start a downside correction from the $8.00 resistance. Immediate support is near the $7.20 level (the recent breakout zone). The first major support is forming near $6.50 and the 50-day simple moving average (blue).

The main support is now near the $6.00 zone. A close below this support could spark a bearish wave, and the price may decline toward the $5.60 support zone.

Overall, the Toncoin price is showing positive signs above the $7.50 pivot level. A clear move above $8.00 might send TON toward $8.80 or even $9.25. Conversely, there might be a pullback toward the $6.50 support.

The post Toncoin Defies Market Trends: TON Rises as Bitcoin Dips And Eyes New Heights appeared first on CoinChapter.

US Bitcoin miners Read CoinChapter.com on Google News

NAIROBI (CoinChapter.com) — Kerrisdale Capital launched a scathing attack on U.S. Bitcoin miners, labeling them as “snake oil salesmen.” In a series of tweets on June 5, Kerrisdale accused mining companies of destroying investor capital and harming the environment, particularly targeting Riot Platforms, a major U.S. Bitcoin miner.

Source: Kerrisdale Capital

Sahm Adrangi, CEO of Kerrisdale Capital, emphasized the unprofitability of Bitcoin mining operations. He stated,

“If you’ve got a business that you know is structurally unprofitable, these companies dilute. They issue shares, they take those shares to invest in the business. But there are no returns.”

Kerrisdale reported that Riot issued $41 million in shares in the first four months of 2024, leading to an 18% stock dilution. Adrangi concluded,

“These are not viable business models. The U.S. mining businesses are structurally screwed.”

Riot Platforms Respond to Criticism

Kerrisdale Capital’s report states that Riot Platforms issued $41 million in shares in the first four months of 2024, leading to an 18% stock dilution. Sahm Adrangi, CEO of Kerrisdale Capital, believes these actions indicate a failing business model.

“These companies dilute shares to invest, but there are no returns,”

Adrangi said

In response, a Riot spokesperson refuted Kerrisdale’s claims, stating, “We disagree with the characterization of the Bitcoin mining industry and Riot. Our growth plans and financial performance will demonstrate the report’s errors.”

William Foxley of The Mining Pod provided an alternative perspective. Foxley highlighted the bullish outlook for U.S. Bitcoin mining, particularly if political support continues. “Bitcoin mining in the U.S. is incredibly bullish, especially with another Trump presidency,” Foxley said. He also noted that states like Texas and Tennessee provide substantial protection for miners.

Regulatory Scrutiny Against Bitcoin Miners

The Kerrisdale report comes amid growing regulatory scrutiny and public backlash against Bitcoin miners in Texas. Adrangi pointed out that Texas energy policies favoring Bitcoin miners are under review, with recent decisions against tax reductions for mining projects.

In Navarro County, officials voted against a tax reduction for Riot’s Corsicana facility, citing concerns over energy consumption and environmental impact. Adrangi emphasized, “The Texas energy policy with respect to Bitcoin mining makes no sense.”

William Foxley of The Mining Pod offered a counter-perspective, suggesting that Bitcoin mining in the U.S. remains bullish. Foxley noted, “Bitcoin miners might enjoy special protections, especially with shifting political winds favoring energy production.”

Foxley also highlighted that states like Texas and Tennessee continue to court Bitcoin miners, providing a favorable business environment.

Kerrisdale’s Continued Efforts

Kerrisdale has extended its efforts by contacting Texas state officials, urging them to deny Riot’s future tax abatement requests. The firm cited safety concerns at Riot’s Rockdale facility and questioned the use of certain cooling products.

Riot stock price chart. Source: Source Google Finance

Kerrisdale’s report led to an initial drop in Riot’s stock price, which fell 8.9% on June 5. However, the stock has since stabilized, suggesting the market’s mixed reception to Kerrisdale’s findings.

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