As every week passes by, new projects continue to flood the crypto market. However, one thing that occurs to the majority of these altcoins is that they instantly dip in value making them a failure and ultimately exiting the market. This is where Bitgert is different because of its constant commitment to development. Bitgert is reshaping the way crypto transactions are carried out through its introduction of blockbuster features that make it different from other altcoins.

Nobody wants to put their funds in a coin that won’t guarantee them financial wealth and that’s why many investors are always strategic about making any investment. They pay great attention to the development of altcoins and observe their performance in the market (whether it’s rising or falling). Bitgert is excelling in this area because of its surge in value and this keeps on happening regularly. So, let’s take a look at how Bitgert is reaching a new height in value this week.

Technical Advantages

Out of many altcoins in the market, not every one of them can boast about having a blockchain that calms the minds of investors. With Bitgert, this is something different, as its fast blockchain enables users to perform multiple transactions within seconds. Yeah, the Bitgert blockchain allows 100,000 transactions per second, a feat that even established platforms like Ethereum fail to reach.

Aside from the Bitgert fast-speed blockchain, it also ensures safety thereby ensuring that users’ assets are secured. This no doubt makes Bitgert so reliable that investors can’t overlook it.

Bitgert: Altcoin Of the Week

Taking a look at some crypto sources, Bitgert is being labeled as the best crypto project to invest in for the week. While other coins which may get this privilege could fail, Bitgert is further poised for more success, as this news is being leveraged to further record positive market sentiment. 

Bitgert has a great community that ensures that humored contents are shared on social media to not only keep the hype going but also maintain organic engagements. This in turn is attracting many seasoned investors thanks to the rising value of the coin.

Expansion Plans

Investors can only be rest assured about a coin when it is present on several exchange listings. This is why, Bitgert is appreciating daily because of its presence on exchange listings. 

Bitgert is even making things better by ensuring the Bitgert coin is present on not just several exchange listings but popular ones like Binance, Kucoin, and Bitmart.

There’s no limit to the potential of Bitgert rising more in value this week, thanks to its advanced technological features and solid community. It’s good that you take advantage of the Bitgert coin now so that you can enjoy the returns it brings both in the short and long term.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

The truth is, the crypto market ultimately thrives on the sentiment of investors and Bitgert is enjoying that vibe thanks to its captivation of their attention. What even makes the Bitgert coin unique is the fact that it’s not dwelling on past performance but rather developing constantly. Bitgert for instance has got a great blockchain that enables users to carry out as many transactions as they want. This alone is driving the Bitgert coin value so high daily.

While the crypto sector is volatile, some coins are still able to thrive. Bitgert is one of these coins, as some of its features like a fast blockchain enabling users to avoid paying zero gas fees. In case you don’t know what gas fees are, they’re charges that come from performing transactions on a platform. Bitgert is removing such need thereby putting smiles on the faces of investors. Let’s discuss some other reasons why Bitgert is thriving on investors’ sentiment which consequently increases its price.

Burning Mechanism Resulting in Deflationary Supply

Bitcoin was able to reach its height through its halving process that happens every four years. Bitgert isn’t just halving alone but ensuring that there’s a 12% burn-off in every transaction therefore ensuring that the coin becomes limited in supply and encouraging investors to hold on longer to the coin. 

This mechanism in turn leads to a rise in Bitgert coin as transactions are being made every day with it. And that’s why, investors are thrilled to invest in Bitgert because they know that there’s a massive return awaiting them.

Community Hype

The success of a crypto project depends on the hype being created around the token. Bitgert  is thriving on investors’ sentiment because it has a great community that ensures a constant buzz around the coin.

Through innovative strategies like the use of influencer marketing and the creation of unique humorous content, Bitgert is gaining organic promotion every day. This particular strategy is responsible for its accessibility to many investors far and wide, thereby fueling their trust in the Bitgert coin.

Expansion Development

Many altcoins fail to succeed upon their launch and subsequent existence in the crypto market due to their absence on exchange listings. Bitgert is making things easier for users by forging useful partnerships with other platforms thereby allowing the presence of the coin.

Since the Bitgert coin is present on these platforms, users can trade the digital asset anywhere without worry. This is drawing the attention of investors and as well ensuring that the coin is available to the global audience.

While other projects seem to be having issues with rising in value, Bitgert is keeping the flag high through its success thanks to its constant commitment to development. Bitgert is thriving on investors’ sentiment and that means you shouldn’t ignore this opportunity to invest in it. Getting a Bitgert coin now guarantees you an assurance of cementing your financial dream!

The crypto market is on a rally once again after two years of dormancy. People are now expecting the crypto world to be the fastest-growing market asset. A lot of new currencies have entered the market now and they are all growing with the rapid run that the market is having. But with the current market correction taking place, the currencies like BEFE coin have been the ones that are getting suggested, the most.

The BEFE coin is currently a mid-cap token which rose through the ranks in very little time. This token has grown in such a way that people are anticipating it to be the next big thing in the market. The experts also believe that there is a major rally coming up for the BEFE coin because of its unique offerings. So, let’s understand how the BEFE coin is making it through the ranks and being profitable.

The Rise of BEFE Coin 

The cryptocurrency market is growing at a rapid rate again with the bull run that began at the start of this year. The market has already crossed $2.7T in valuation at this time and more than 2500 cryptocurrencies are available in the market. But not every cryptocurrency is bound to make it big and be profitable for the users.

The BEFE coin has made an exceptional move in the cryptocurrency market because of the unique assets that it has. The BEFE coin was launched as a meme currency in the November of 2023. People have been looking at the BEFE coin as a meme coin since then. But the recent events have changed the outlook on the BEFE coin.

The BEFE coin is growing as a utility token with the announcement of phase 5 for the token. BEFE coin is now being used as a token for transactions on many projects. The Bitgert chain offers faster transactions for the BEFE coin while the Ethereum-based BEFE coin also supports smart contracts. So, these features and more have been responsible for the rise of BEFE coin in the market.

The Market Share of BEFE Coin 

The BEFE coin makes it to the top ten when it comes to the rate of growth in the crypto market. This coin has been adding more value to itself for quite a while now and has become closely monitored by experts.

The RSI score of BEFE coin is above 55 which sends a strong buy signal for the token in the market. Also, the MACD value and moving average of the token are on the positive side thus making the investors get reassured of the token performance. The trading volume of BEFE coin has increased by 15% on a daily basis for a while now and the market cap of the token is also on the increase.

It is also predicted by the experts that the BEFE coin aims at becoming a $1 token by the end of this year which will result in exponential profits for the investors.

Conclusion 

The BEFE coin is growing at a rapid rate because of the increase in utilities of the token. BEFE coin is not just a meme currency anymore and this has helped it rise through the ranks in the market. If you wish to be a part of this rise in the crypto market, then the BEFE coin is available for investing at a very good rate still.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

AI trading platforms are extremely useful for streamlining research and investment processes. Some platforms provide AI-powered insights and predictions, whereas others provide automated trading services. As experienced traders, we recognize the value of having powerful tools at our disposal. For this reason, we set out to find the best AI trading platforms, beginning with ValueZone, our top pick. ValueZone is renowned for its remarkable features, but that is just the start. 

We will look at the top 10 AI trading platforms for 2024 in this guide. Continue reading to learn which AI-powered platforms can take your trading skills to new heights. 

10 Best AI Trading Platforms Ranked 2024

ValueZone – Overall Top Performing AI Trading Platform

Pionex – Best AI Trading Bot for Creating Custom Strategies

Kryll – The Best AI Trading Platform for Automated Strategies

Learn2Trade – Top Crypto Trading Bot with 79% Win Rate

Bitsgap –  Best User-Friendly Trading Platform

Octobot – Best for Price Predictions Through ChatGPT

CryptoHopper – Popular Trading Bot Work on Multiple Exchanges

TradeSanta – Best AI Trading Platform for DCA Strategy

3Commas – Best Platform for Manual & Automated Trading 

Coinrule – Best Platform for Beginners

Detailed review of Top 10 AI Trading Platforms

ValueZone – Overall Top Performing AI Trading Platform

AI Trading Platform ValueZone Supported Assets Crypto Fees No Hidden Fees Minimum Investment Required $50 Free Plan Available

ValueZone is a widely-used platform with more than 7 years of experience favored by traders across the globe, with a user base exceeding 39M+ spread across 156+ countries. The platform offers an array of crypto trading bots, catering to different investment strategies and preferences.

It offers personalized investment plans to help you achieve your financial goals, tailored to your preferences and risk tolerance. You can withdraw all your profits after 24 hours.

It is 100% secure and safe as it is equipped with multi-layered security protocols and undergoes regular security audits to ensure the safety of user funds and data. It offers a variety of diverse trading strategies tailored to different risk profiles and investment goals, allowing users to diversify their portfolios and maximize returns.

It works on cutting-edge algorithms and data analysis techniques to provide efficient and effective trading solutions. Their support center is for you 24/7, ready to assist with any questions or concerns you may have, ensuring that your experience with us is always seamless and stress-free.

It does not impose any hidden fees or charges on our users. All costs are communicated and disclosed, allowing users to make informed decisions without any surprises. Also, it offers a competitive referral reward of 3.5% for each successful referral, allowing you to earn passive income while helping others discover the benefits of our platform.

Pros 

Sign up get $50

Various trading strategies

24/7 support

No Hidden Fees

Generous rewards

100% Secure and Safe

How to make passive income with the $50 free plan?

1.Sign up a ValueZone Account：When you register successfully, you will receive a $50 trial reward.

2.Click “Plan” to purchase the free plan

3.Click “Invest Now” and buy it

According to the product details, this free plan can be purchased once per day, then we can get $1 profit every day, and when the profit reaches the minimum withdrawal amount, we can withdraw the profit immediately. Even if we do not invest, we can still make profit. Earn passive income this way.

Pionex – Best AI Trading Bot for Creating Custom Strategies

AI Trading Platform Pionex Supported Assets Crypto Fees 0.05% Minimum Investment Required $110 Free Plan Available

Pionex is a popular platform utilized by over 100,000 traders spanning over 100 countries. It offers a range of crypto trading bots, including the Grid trading bot and the Rebalancing Bot, catering to different investment strategies.

With Pionex, users have access to a comprehensive crypto trading platform integrated with AI bots, eliminating the need to connect to external exchanges. The platform supports nearly 380 crypto markets, ensuring ample trading opportunities for users.

Pionex has earned a solid reputation, with its AI bots receiving positive feedback from various sources, including prominent YouTube influencers like Max Maher, who conducted tests with his own $10,000 capital.

Pionex provides access to popular cryptocurrencies like Bitcoin, Dogecoin, Solana, Shiba Inu, and Cardano for trading. Their AI bots offer various strategies, including a grid trading bot that purchases major cryptocurrencies during market downturns and sells them at predetermined profit margins. Additionally, Pionex offers a dollar-cost averaging bot designed for long-term investors.

Regarding fees, Pionex does not charge for using its trading bots. Instead, users incur a trading fee of just 0.05% per transaction, making it a cost-effective option for automated trading.

Pros:

– One of the top AI trading platforms for cryptocurrencies

– Wide selection of bot strategies available

– Pay only when the bot trades – 0.05% per slide

– Supports nearly 380 cryptocurrencies

– No minimum deposit requirement

Cons:

– Does not support traditional assets such as stocks

– High-margin trading fees 

Kryll – The Best AI Trading Platform for Automated Strategies

AI Trading Platform Kryll Supported Assets Crypto Fees Varies by bot Minimum Investment Required $100 Free Plan Not Available

Kryll is known as a game-changer in AI trading platforms, especially for folks keen on AI software for stock trading. It boasts of being one of the biggest marketplaces for AI trading bots, offering a vast selection of user-created bots featuring various crypto day trading strategies. According to Kryll, a whopping 75% of these bots outperform the market, with some top strategies raking in returns exceeding 100% annually.

Traders on Kryll have the option to either copy existing strategies, tweak them to their liking, or craft their own using the platform’s user-friendly strategy editor, which doesn’t require any coding knowledge. The editor supports numerous technical indicators, unique metrics, as well as rules and triggers to help traders manage their risk effectively.

Kryll’s strategies can be seamlessly executed on major crypto exchanges such as Binance, KuCoin, Kraken, Crypto.com, Gate.io, and ByBit, making it convenient for users.

When it comes to pricing, traders need to purchase subscriptions for individual bots from the marketplace. Kryll levies a small trading fee for each execution, but users holding Kryll’s native $KRL crypto token enjoy fee discounts.

Kryll adopts a flexible Pay-As-You-Go pricing model, which is attractive for those who want to keep a close eye on their trading expenses. Users only pay for the strategies they use, with the option to further reduce costs by participating in the Kryll Holding Program.

Pros:

– Marketplace with a wide selection of ready-to-deploy bots

– Ability to create custom trading strategies 

– Integration with 9 major crypto exchanges

– 75% of strategies outperform the market

– Reduced fees available for $KRL holders

Cons:

– Costs can accumulate rapidly 

– Lack of backtesting tools for custom strategies

Learn2Trade – Top Crypto Trading Bot with 79% Win Rate

AI Trading Platform Learn2Trade Supported Assets Crypto Fees No fees Minimum Investment Required £99  Free Plan Not Available

Learn2Trade is a well-known service that provides forex and crypto trading signals alongside a reliable crypto trading bot. The Learn2Trade crypto bot boasts an impressive success rate of 79% when trading tokens like Bitcoin, Ethereum, Cardano, BNB, Chainlink, and more.

Operated through Cornix, the bot translates signals from Learn2Trade’s Telegram group into orders that are then sent to a trader’s crypto exchange or broker. Setting up the bot is a breeze and takes less than 10 minutes. Once it’s up and running, traders can sit back as the bot handles the opening and closing of crypto trades automatically, without any manual intervention.

Built using over 100 technical indicators and capable of scanning dozens of crypto pairs, Learn2Trade’s AI bot can spot opportunities in any market condition. Operating 24/7, it’s perfectly suited for the crypto market, which never sleeps.

With a target reward-risk ratio of 3:1, mirroring professional traders’ aims, the bot employs take-profit and stop-loss levels with every trade to effectively manage risk.

Learn2Trade’s bot is available for £99 per month, £349 per year, or £1,499 for a lifetime subscription, offering flexibility for traders based on their preferences and budget.

Pros:

– Ready-to-use crypto trading bot 

– Simple setup process and seamless integration 

– Bot operates 24/7, ensuring continuous trading

– Built-in risk management features 

– Trades across dozens of crypto pairs

– Lifetime subscription option available

Cons:

– No free plan offered

Bitsgap –  Best User-Friendly Trading Platform

AI Trading Platform Bitsgap Supported Assets Crypto Fees $20 per month Minimum Investment Required $230 Free Plan Not Available

Bitsgap is a leading AI trading platform that offers a comprehensive solution for automating cryptocurrency trading strategies, catering to traders in the United States. With its user-friendly interface and advanced technology, Bitsgap is suitable for both beginners and experienced traders aiming to enhance their efficiency and profitability in the dynamic crypto market.

Traders can seamlessly connect to various crypto exchanges like Binance and Coinbase through the Bitsgap trading terminal. Currently, over 500,000 customers rely on Bitsgap for their AI trading needs.

One of the standout features of Bitsgap is its wide range of pre-made trading bot strategies. These strategies can be easily customized to match individual trading goals and risk preferences, providing traders with the flexibility to explore new techniques or optimize existing ones.

Bitsgap offers a transparent and flexible pricing structure, with plans starting from just $23 per month for the Basic subscription. Each plan is designed to meet different trading requirements, offering features such as active GRID and DCA bots, unlimited smart orders, and futures bots. Additionally, Bitsgap provides a free 7-day PRO trial, allowing users to fully experience its capabilities before making any commitments.

Pros:

– Offers a comprehensive suite of trading tools

– User-friendly interface across various devices

– Provides a wide range of pre-made strategies

– Transparent and flexible pricing structure 

Cons:

– Access to premium features necessitates higher-tier subscriptions

Octobot –  Best for Price Predictions Through ChatGPT.

AI Trading Platform Octobot Supported Assets Crypto Fees Monthly subscription Minimum Investment Required $100 Free Plan Available

Octobot is a platform designed to assist traders in navigating the cryptocurrency markets by offering tailored trading strategies with the help of AI. The platform provides support for various popular trading bots, including GRID strategies, daily trading modes, and DCA strategies.

What sets Octobot apart is its integration of AI within the crypto trading realm. Utilizing OpenAI’s ChatGPT, one of the leading AI trading tools globally, Octobot incorporates AI-powered trading strategies. By leveraging ChatGPT, Octobot analyzes cryptocurrency market trends and receives price predictions. For instance, Octobot might inquire about ChatGPT for a short-term price forecast on XRP.

The AI chatbot then examines historical price data and real-time market movements to generate a price prediction, which is subsequently suggested to the investor. These AI predictions are provided within the GRID and Daily trading modes.

Octobot offers a free subscription plan, but it only supports pre-set automated trading and paper trading. For access to the ChatGPT trading mode, investors need to subscribe to the ‘Standard Plan’ priced at $76 per month.

Pros:

– Utilizes ChatGPT for making price predictions

– Provides a free trading version

– Utilizes real-time market movements

– Supports GRID and daily trading bots

Cons:

– Requires a payment of $76 per month to access the AI mode

CryptoHopper – Popular Trading Bot Work on Multiple Exchanges

AI Trading Platform CryptoHopper Supported Assets Crypto Fees $129 per month Minimum Investment Required $240 Free Plan Available

Cryptohopper distinguishes itself as a robust platform designed specifically for crypto traders, providing a strategy marketplace where users can replicate a wide range of pre-made and user-created trading strategies. Traders have the flexibility to customize these strategies with features like trailing stops and price targets to effectively manage their risk.

For those looking to take their trading to the next level, Cryptohopper enables users to build and backtest their strategies without requiring any coding skills. With support from over 130 indicators, traders can fine-tune their strategies to suit their preferences and market conditions.

One of Cryptohopper’s most advanced features is the ability to create AI bots for trading. These bots learn from the success of both self-created and copied strategies and can automatically switch between them based on market conditions, optimizing profit potential. This sets Cryptohopper apart from other trading bot services that typically focus on one strategy at a time.

However, Cryptohopper’s top-tier plan, which includes AI trading functionality, comes for $129 per month. Nonetheless, users can avail themselves of a 30% discount by using the Promo Code “CLICKOUT.”

Pros:

– Marketplace offering a variety of bots for copy-trading

– Capability to create and backtest custom trading strategies

– Capable of automatically switching between strategies

– Supports over 130 built-in technical indicators

– Integrates with 17 major crypto exchanges

Cons:

– Limited to crypto trading, excluding other asset types

– Some bots may require additional subscriptions 

TradeSanta – Best AI Trading Platform for DCA Strategy

AI Trading Platform TradeSanta Supported Assets Crypto Fees $25 per month Minimum Investment Required $180 Free Plan Available

TradeSanta is a top-notch crypto trading platform that offers a range of features including trading bots, trading signals, copy trading, and a trading terminal, all accessible via a convenient mobile app.

This versatility makes it an ideal choice for traders who are frequently on the move and need to closely monitor their investments and bots. Traders can easily connect their exchanges, including Binance, OKX, Coinbase, HTX, Kraken, and ByBit, using API keys.

TradeSanta provides a comprehensive suite of tools for automating trading strategies. It offers both spot and futures trading bots that support long and short strategies, enabling users to capitalize on market movements in any direction. 

Integration with top exchanges ensures access to a wide market, while features like Dollar Cost Averaging (DCA) and Grid strategies help mitigate risks and exploit market volatility. Technical indicators and signals, including those from TradingView, assist traders in entering and exiting the market at optimal times.

For traders who prefer not to create their bots, TradeSanta offers a marketplace where they can find bots developed by other traders. Before committing, users can test strategies using a demo account to assess performance. Additionally, they can set stop loss and trailing stops and establish take-profit targets to optimize bot performance.

Pros:

– User-friendly platform suitable for traders of all levels

– Automated trading available 24/7 on both spot and futures markets

– Copy trading feature allows users to leverage successful strategies

– Competitive pricing structure with a free trial option

Cons:

– Advanced features require upgrading to higher-tier plans

3Commas – Best Platform for Manual & Automated Trading

AI Trading Platform 3Commas Supported Assets Crypto Fees $22-$75/month Minimum Investment Required $100 Free Plan Available

3Commas is a crypto investment platform that empowers users to create and manage automated trading strategies. With a wide range of prebuilt strategies available, users can also design their strategies using indicators, signals, and triggers. 

Additionally, users can link their 3Commas account to TradingView to execute trades based on TradingView signals. Supporting over 20 exchanges, including Binance, Coinbase Pro, and Bitfinex, 3Commas allows users to monitor their portfolio, track performance, and adjust settings via both web and mobile apps.

The platform offers various bots like the DCA Bot, Futures Bot, and GRID Bot, with seamless integration with top exchanges such as Binance, Coinbase Pro, and Bitfinex. With dedicated apps for iOS and Android, 3Commas caters to mobile users. To make its features accessible, 3Commas offers a lifetime free basic plan.

3Commas was founded in 2017 and currently has over 140,000 users as well as favorable reviews from users and experts. It prioritizes security by offering features like two-factor authentication and encryption. However, it’s essential to acknowledge the risks associated with any trading platform and conduct thorough research before investing.

Pros:

– Automated portfolio rebalancing functionality

– Smart and Copy trading features available

– Ability to test all Pro features in a 3-day free trial

– Integration across major exchanges

– Bots available for all crypto market conditions – bull, bear, and sideways

– Unique bot options offered

Cons:

– Detailed interface may initially feel overwhelming 

– Profitability may be difficult to measure 

– Tracking average profitability can be challenging 

Coinrule – Best Platform for Beginners

AI Trading Platform Coinrule Supported Assets Crypto Fees $499.99 a month Minimum Investment Required $100 Free Plan Available

Coinrule is one of the top AI-automated cryptocurrency trading platforms, particularly suited for beginners. Its trading terminal seamlessly connects with over 10 of the leading crypto exchanges worldwide.

Coinrule employs military-grade security measures and encryption protocols. Traders can access straightforward and effective AI-based trading strategies like ‘Catch the Swing,’ which leverages the RSI technical indicator to identify optimal buying and selling opportunities during sideways markets.

The free version of Coinrule’s automated trading bot supports 20 exchange platforms, with the option for users to pay for access to an unlimited number of exchanges. Supported exchanges include Binance, Kraken, OKX, Gemini, KuCoin, Robinhood, and more. Users can set their parameters via the Coinrule website and deploy them to their chosen exchange.

Trading is available 24/7, with users able to select from three pricing plans. The most premium plan allows up to 50 trading rules to run and execute 10,000 trades per rule within 24 hours. Coinrule also offers personalized one-to-one training sessions, unlimited trade volume, and ultra-fast trade execution from a dedicated server.

Coinrule’s demo exchange offers the opportunity to create numerous trial rules and strategies. Users can experiment with various trading choices and gain insights without risking actual funds. The system supports both market and limit orders within these demo rules, providing a comprehensive learning experience.

Pros:

– It is a beginner-friendly trading platform

– Customized bots for trading

– Free subscription service

– Individual training sessions are accessible.

Cons:

– Pro plan is priced at $449.99 per month

Conclusion

The top AI trading bots can assist traders in identifying more trading opportunities, minimizing risk, and potentially increasing profits. These bots come with a variety of strategies and can be applied to trading crypto, stocks, forex, and other assets.

Our choice for the best overall AI trading bot in 2024 is ValueZone. ValueZone provides access to two crypto trading bots and will soon allow traders to develop their custom bots. It boasts a user-friendly interface and offers a reasonably priced subscription, delivering exceptional value.

FAQs

Are AI bots the best option for trading?

AI bots can be highly effective for trading, often yielding returns that surpass what many individual traders could achieve on their own. 

Do AI trading bots yield successful results?

Many AI trading bots exhibit win rates significantly higher than 50%, with some boasting annual returns exceeding 100%. 

Are AI trading bots permissible?

AI trading bots are entirely legal for crypto, stock, and forex trading in the US and the majority of other countries.

How do AI trading bots operate?

AI trading bots function based on a set of predetermined entry conditions, which, when met, prompt the bot to initiate a trade. 

Which AI trading bot is optimal for crypto?

The leading AI crypto trading bot is ValueZone. ValueZone supports trading across numerous cryptocurrencies, boasting an impressive win rate. 

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

On April 24, BlackRock’s inflow run came to an end when it registered zero inflows.

The majority of the other Bitcoin ETF issuers also experienced a period of inactivity.

Since spot Bitcoin ETFs were established in the U.S in January, BlackRock iShares Bitcoin Trust (IBIT) saw its first day of zero inflows.

In the seven days after its opening on January 11th, IBIT has amassed almost $15.5 billion in investment capital, with daily investments totaling millions of dollars. On April 24, BlackRock’s inflow run came to an end when it registered zero dollars in inflows.

Severe Decline in Inflows

The majority of the other Bitcoin ETF issuers also experienced a period of inactivity. Just two of the eleven Bitcoin exchange-traded funds (ETFs) registered in the US had inflows of more than $5 million: Fidelity Wise Origin Bitcoin Fund (FBTC) and ARK 21Shares Bitcoin ETF (ARKB).

The GBTC, or Grayscale Bitcoin Trust ETF, was also bleeding. Withdrawals of $130.4 million were registered by GBTC on April 24. Consequently, $120.6 million was removed from the spot Bitcoin ETFs that day.

Though it’s unprecedented for IBIT, other ETF members have seen a shortage of inflows. For instance, in the last two weeks, Fidelity’s FBTC has had three days with zero inflows. The U.S. Bitcoin ETF market has amassed a total of $12.3 billion worth of Bitcoin so far. Despite the inflows recorded by the other nine Bitcoin ETFs, GBTC withdrawals have somewhat cancelled them out.

The application procedure for Ether ETFs in the U.S is underway, and several players in the Bitcoin ETF market are also involved. But a number of their clearance decisions were recently postponed by the Securities and Exchange Commission (SEC).

Similar dull sentiment is being observed by the price of Bitcoin which has been trading in red. At the time of writing, Bitcoin is trading at $64,016, down 4.06% in the last 24 hours as per data from CoinMarketCap.

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Bitcoin (BTC) price has dropped from $66K to $64K over the past 24 hours.

BTC’s fear and greed index stands at 72, holding up in the greed zone.

Bitcoin (BTC) fails to maintain its momentum within the $66K-$67K range, noting over 3.7% decline. This drop in its price is influenced by the news of the US DOJ arresting the founders of Samourai Wallet.

Following the Bitcoin Halving on April 19th, the king of crypto gradually rebounded back into the $65K range and eventually marked daily highs at $67K over the past three days since Monday. At the time of writing, BTC traded at $64,062 with a market cap of 1.26 trillion and recorded a daily trading volume of $30.9 billion, as per CoinMarketCap data.

Bitcoin (BTC) Price in the Last 24H Window

BTC/USDT Price Chart (Source: TradingView)

The accumulation/distribution (A/D) line appears to note any increase or steeper decline. Thus, signs of reversal have not been confirmed. Moreover, the relative strength index (RSI) is also bound within the neutral zone, slightly away from the oversold territory.

Meanwhile, recent data from IntoTheBlock contradicts the current downtrend. The data highlights that 86% of BTC holders are in profit.

Famed on-chain analyst Ali predicts a liquidation activity on Binance if Bitcoin surpasses $66,900. According to his analysis, $62 million is expected to be liquidated from this single crypto exchange if the price is reached. As per data, in the last 24 hours, Bitcoin’s long positions and short positions worth $36.1 million and $8.41 million respectively were liquidated. 

The global crypto market awaits to observe the impact of spot Bitcoin ETFs anticipated to begin trading on April 30th in Hong Kong on BTC prices. The aftermath of the fourth halving cycle has yet to be fully realized. There is panic about witnessing a further decline in Bitcoin price as well.

Cryptocurrency market faces downward pressure post-halving and volatility surges.

Dogecoin, Pepe, and more experience significant price declines heightened amid trading volume.

In the wake of the recent halving, the cryptocurrency market has been grappling with downward pressure, with key indicators reflecting a mixed sentiment among traders. As of today, the total market capitalization stands at $2.37 trillion, marking a 3.76% decline, while trading volume has surged to $85.03 billion, up by 18%. The Fear & Greed Index sits at 62, indicating a neutral market sentiment.

Bitcoin (BTC) is currently trading at $64,228, reflecting a 3.68% decline, while Ethereum (ETH) is priced at $3159, down by 2.84%. However, traders are closely monitoring the performance of meme coins, which have become a focal point amidst the broader market volatility.

Dogecoin (DOGE)

Dogecoin, a perennial favorite among traders, is currently trading at $0.1513, experiencing a 6.25% decline over the past 24 hours. Despite the downturn, trading volume has surged by 24%. With Dogecoin trading at a six-day low of $0.1488, it remains 79% below its all-time high. The daily Relative Strength Index (RSI) stands at 42, with bullish projections aiming for $0.1763, while bearish pressures could drive it down to $0.1398.

Pepe (PEPE)

Pepe, another prominent memecoin, is priced at $0.000007262, reflecting an 8.94% decline over the past 24 hours. Trading volume has also seen a notable increase of 24%. Pepe is currently trading 33% away from its all-time high, with the daily RSI at 45. Bullish forecasts suggest a potential rise to $0.00000820, while bearish pressures could push it down to $0.00000397.

Dogwifhat (WIF)

Amid the memecoin downturn, Dogwifhat (WIF) has witnessed a significant downturn, trading at $2.94, marking a 13% decline over the past 24 hours. However, trading volume has increased by 16%. WIF is currently 33% away from its all-time high, with a daily RSI of 49. Bullish projections anticipate a rise to $3.149, while bearish pressures could pull it down to $2.318.

Further, Floki had a 7% decline and Shiba Inu saw a drop of 7.63% in the past 24 hours. Concludingly, as traders navigate the turbulent market conditions, the performance of memecoins continues to draw attention, with both volatility and trading activity on the rise.

Shiba Inu (SHIB) has soared 17% in the past week.

The rally of Shiba Inu extends beyond its native token, SHIB, with companion tokens like LEASH and BONE.

In a remarkable resurgence, Shiba Inu (SHIB), the famed meme coin, has recovered from recent losses and soared by 17% in the past seven days, currently trading at $0.00002524. This resurgence comes on the heels of significant growth within the Shiba Inu ecosystem during the first quarter of 2024, with SHIB, alongside its companions Doge Killer (LEASH) and Bone ShibaSwap (BONE), witnessing substantial price hikes.

Further, the widely-used cryptocurrency trading platform Robinhood has added Shiba Inu to its roster. SHIB is now available for Robinhood customers residing in New York State.

What Triggers Shiba Inu Current Trending?

The Shiboshis NFT collection’s recent launch is a key driver behind this growth. This collection, consisting of 10,000 unique NFTs recorded on the Ethereum blockchain, is inspired by the Shiba Inu token, encapsulating the essence of digital collectible art within the crypto world.

Shibashis NFT Collections (Source: OpenSea )

The launch of Shiboshis marks a significant milestone in the NFT arena, as it embraces the DN404 standard, showcasing the community’s dedication to innovation and creativity. These NFTs offer distinctive digital assets, introducing a novel concept of ownership and liquidity through hybrid tokens, while also facilitating fractional ownership, thus enhancing accessibility and investment opportunities.

In a market awash with volatility, three cryptocurrencies have emerged as beacons of stability and potential. Pepe Coin (PEPE), Retik Finance (RETIK), and Dogwifhat (WIF) are poised to redefine the crypto landscape in 2024, offering investors unparalleled opportunities for growth and diversification. As Cardano (ADA) grapples with underperformance, savvy traders are turning their attention to these promising alternatives, each with its unique strengths and value propositions.

Retik Finance (RETIK): A Trailblazer in Decentralized Finance

Retik Finance (RETIK) has taken the crypto world by storm with the launch of its Virtual DeFi Debit Card. This groundbreaking innovation allows users to seamlessly bridge the gap between digital assets and real-world transactions, revolutionizing the way we interact with decentralized finance (DeFi).

The project has already achieved significant milestones, with its Retik Pay and Retik Wallet features garnering widespread acclaim. Retik Pay enables users to make payments using their digital assets, while the Retik Wallet serves as a secure storage solution for cryptocurrencies. Moreover, Retik Finance’s AI-powered lending platform is a game-changer, offering users the ability to leverage their assets for financial growth. The platform’s advanced algorithms ensure efficient and secure lending practices, providing a seamless experience for borrowers and lenders alike. With its cutting-edge features and unwavering commitment to innovation, Retik Finance (RETIK) is positioning itself as a formidable force in the DeFi arena.

Presale Victory Prompts $5,000 Giveaway from Retik Finance 

Following the extraordinary success of its presale, Retik Finance is expressing gratitude to its dedicated community through a $5,000 giveaway. The innovative DeFi platform is encouraging supporters to capture the celebratory spirit by creating and submitting unique photos, videos, or memes commemorating the presale’s victory. Twenty-five fortunate winners will be chosen, each receiving a $200 cash prize for their exceptional submissions. As Retik Finance capitalizes on this momentum, the team is actively pursuing listings on two major top-tier exchanges, with announcements forthcoming on their social media channels.

Pepe Coin (PEPE): The Meme Coin Phenomenon

Pepe Coin (PEPE) has captivated the crypto community with its meteoric rise and unwavering popularity. As a meme coin, PEPE has tapped into the collective zeitgeist of internet culture, fostering a dedicated following and driving significant price appreciation. Recent reports indicate that Pepe Coin whales have amassed staggering profits, some reaching 400% on their investments. This surge in value has fueled renewed interest in meme coins, with PEPE leading the charge as a formidable contender in the market.

Dogwifhat (WIF): The Meme Coin Powerhouse

Dogwifhat (WIF), another meme coin sensation, has taken the crypto world by storm. Launched in November 2023, WIF has skyrocketed more than 10,000x, with its price chart showing no signs of slowing down. As of April 1, 2024, Dogwifhat’s price stands at $4.09, with a market capitalization of over $4 billion and more than 62,000 token holders. Analysts predict that WIF could reach $3.50 by the end of 2024, and potentially soar to $7-$12.50 by 2030, cementing its status as a meme coin powerhouse.

Conclusion: Diversify Your Portfolio for Maximum Gains

As the crypto market continues to evolve, investors must remain agile and adaptable, seeking opportunities that align with their risk appetite and investment goals. By diversifying their portfolios with promising cryptocurrencies like Retik Finance (RETIK), Pepe Coin (PEPE), and Dogwifhat (WIF), investors can mitigate risk while positioning themselves for substantial gains. Retik Finance’s Virtual DeFi Debit Card, coupled with its innovative lending platform and wallet solutions, offers a unique value proposition in the DeFi space. Meanwhile, Pepe Coin and Dogwifhat capitalize on the enduring appeal of meme coins, captivating audiences and driving remarkable price appreciation.

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Twitter: www.twitter.com/retikfinance

Telegram: www.t.me/retikfinance

In a bold move, the AI chatbot ChatGPT, when tasked with building an ideal crypto portfolio with just three coins, surprisingly omitted Cardano, a once-promising blockchain project. Instead, the AI chose to focus on the trio of Solana, Retik Finance, and Dogwifhat, asserting that these three cryptocurrencies have the potential to outshine the market in 2024. 

Solana: The Scalable Blockchain Powerhouse

Solana, the high-performance blockchain network, has been making waves in the cryptocurrency space with its impressive scalability and low transaction fees. Defying broader market uncertainty, the SOL price has showcased a notable upswing of 12% in the past week alone. Following a healthy retracement, the Solana coin has developed a bullish continuation pattern called a pennant, bolstering the potential for a sustainable rally. With a 24-hour trading volume of $3.5 billion, indicating a 29% gain, Solana’s momentum shows no signs of slowing down.

Retik Finance: Pioneering DeFi Debit Cards and AI-Powered Lending

Retik Finance, a relatively new player in the decentralized finance (DeFi) arena, has taken the crypto world by storm with its innovative offerings. The project has already launched its virtual DeFi debit cards in beta, a year ahead of schedule, allowing users to bridge the gap between digital assets and real-world transactions seamlessly. Furthermore, Retik Finance boasts a suite of cutting-edge features, including a user-friendly wallet, a secure payment system (Retik Pay), and an AI-powered lending platform. These offerings have positioned Retik Finance as a frontrunner in the DeFi space, attracting investors and traders seeking practical utility and user-centric innovation. Notably, Retik Finance has already garnered significant recognition, having been listed on renowned platforms like CoinGecko and CoinMarketCap. Additionally, the project has successfully undergone a rigorous audit by the renowned security firm Certik, further solidifying its credibility and commitment to transparency.

Dogwifhat: The Meme Coin Phenomenon

Dogwifhat, the Solana-based meme coin featuring a Shiba Inu wearing a knitted hat, has taken the crypto world by storm. Since its launch in November 2023, Dogwifhat has skyrocketed more than 10,000x, with its price chart still aiming for the moon. On April 1st, 2024, the Dogwifhat price reached an all-time high of $4.09, marking a staggering 12.51% increase in just 24 hours. With a market cap of $4.09 billion and over 62,000 token holders, Dogwifhat has cemented its place as a force to be reckoned with in the meme coin realm. Analysts predict that Dogwifhat’s meteoric rise is far from over, with some projecting the token could reach a price of $3.50 by the end of 2024, and potentially $7-$12.50 by 2030.

Retik Finance Celebrates Presale Success with a $5,000 Giveaway

In the aftermath of its remarkable presale achievement, Retik Finance is expressing appreciation toward its devoted community through a $5,000 giveaway. Twenty-five fortunate individuals will be selected, each receiving a $200 cash prize for their exceptional submissions. As Retik Finance builds upon this momentum, the team is actively working to secure listings on two major top-tier exchanges, with forthcoming announcements on their social media channels

The Future of Crypto: Embracing Innovation and Utility

As the crypto market continues to evolve, investors are increasingly gravitating towards projects that offer tangible utility and innovative solutions. Solana, Retik Finance, and Dogwifhat have emerged as prime examples of this trend, each carving out a unique niche and addressing specific needs within the crypto ecosystem. While Solana’s scalable blockchain network addresses the demand for efficient and cost-effective transactions, Retik Finance’s virtual DeFi debit cards and AI-powered lending platform cater to the growing need for practical applications in the DeFi space. Dogwifhat, on the other hand, has tapped into the ever-growing popularity of meme coins, capturing the imagination of investors seeking a fun and potentially lucrative investment opportunity.

Visit the links below for more information about Retik Finance (RETIK):

Website: https://retik.com

Whitepaper: https://retik.com/retik-whitepaper.pdf

Twitter: www.twitter.com/retikfinance

Telegram: www.t.me/retikfinance

 TOKEN2049, the premier crypto event, saw record-breaking success for its inaugural Dubai conference, which took place from April 18-19, during TOKEN2049 Week.

Throughout the event, attendees experienced an impressive range of panel discussions, keynotes, workshops, and exclusive networking opportunities, overcoming torrential rain to show up in force. Tickets for TOKEN2049 Dubai sold out nearly three weeks prior to the event, with 10,000 attendees expected. Despite the UAE’s heaviest rainfall in 75 years, the conference opened to a full-house. 

Alex Fiskum, Co-Founder of TOKEN2049 said: “This week we witnessed the determination of the crypto industry first hand. Our team worked around the clock to ensure that the conference proceeded without any disruptions, maintaining the highest standards of hospitality for our attendees. Our programme proceeded and our doors opened as planned, welcoming attendees to a comfortable, immersive, and action-packed event. We are immensely proud of everyone who contributed to making TOKEN2049 Dubai an overwhelming success.”

TOKEN2049 Dubai was host to 90% international attendees hailing from over 160 countries worldwide. The global crypto community came out in full strength to participate, showcasing the growing reputation of Dubai as a hub for crypto innovation. The global representation also cemented TOKEN2049 as the marquee industry event in the crypto calendar, not to be missed. 

Travel disruptions early in the week saw large numbers of speakers and attendees diverted across the Middle East, all of whom surmounted significant obstacles to attend and participate at TOKEN2049 Dubai. Amongst the 200+ leading industry voices who took to the stage to share their insights, discuss the most prevalent topics in Web3, and unveil exciting news announcements were Pavel Durov, the visionary CEO of Telegram; Richard Teng, CEO of Binance; Paolo Ardoino, CEO of Tether; and Arthur Hayes, Co-Founder of BitMEX. 

Some standouts include a joint announcement onstage by Tether and Telegram that USDT will launch on the The Open Network (TON) and Telegram wallet; Polkadot’s Gavin Wood introduced a new JAM chain graypaper; Berachain announced a collaboration with Google Cloud; and Telos unveiled a partnership with Ponos Technology to develop a hardware-accelerated Ethereum L2 zkEVM network, amongst many more ground-breaking announcements.

Fiskum continued: “We have received overwhelmingly positive feedback from all participants across TOKEN2049 Dubai. Energized by this success, we now shift focus to prepare for the industry’s largest event of the year — TOKEN2049 Singapore, taking place on September 18-19 before the Formula 1 Grand Prix weekend. TOKEN2049 Singapore will welcome 20,000 attendees to the iconic Marina Bay Sands, continuing to set new standards for the industry.”

TOKEN2049 Dubai will return in 2025, promising an even more immersive experience for prolific industry leaders, Web3 builders, global entrepreneurs, and tens of thousands of crypto enthusiasts. 

TOKEN2049 is hosted annually in Dubai and Singapore. For more information and updates on TOKEN2049, please visit: https://www.token2049.com. 

About TOKEN2049

TOKEN2049 is a global conference series, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is a global meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and Web3 industry. TOKEN2049 is hosted annually in Dubai and Singapore.

Media Contact

E: token2049dxb@wachsman.com

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this article does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this article.

Cheeky Crypto predicts a $33 billion surge for XRP by 2025, despite recent price fluctuations.

XRP’s cross-border solutions and steady trading hint at a coming surge, boosted by regulatory clarity and Ripple’s technology adoption.

Regulatory clarity could fuel institutional adoption, as Ripple’s initiatives attract more users, increasing XRP’s value.

Ripple (XRP) has been at the center of attention, with experts and enthusiasts alike speculating on its future price trajectory. In a recent analysis, Cheeky Crypto, a prominent cryptocurrency analyst, has delved into the potential for a significant rally in XRP, forecasting a staggering $33 billion surge by 2025.

At press time, XRP was trading little over 50 cents. It had risen by 0.4% over the previous day and by a more notable 3% over the previous week. Cheeky Crypto has pointed out a notable rush of inflows into XRP, in contrast to the withdrawals observed in Bitcoin and Ethereum, despite the less-than-ideal recent price behavior.

XRP Stands Out Amidst Market Turbulence

The analyst suggests that XRP is standing out among cryptocurrencies for several reasons, potentially including its cross-border solutions. The substantial consolidation in price, with XRP trading between $0.46 and $0.50, hints at the possibility of an imminent surge, drawing the attention of investors and traders alike.

According to Cheeky Crypto’s estimate, XRP’s market capitalization might rise by $33 billion by 2025, driven by a variety of factors such as market expansion, regulatory clarity, and increased usage of Ripple’s revolutionary technology.

This surge in market cap could translate into a significant appreciation in XRP’s value, with the analyst projecting the price to range between $5.59 and $11.26 by the end of the year.

Regulatory Clarity and Adoption Fuel XRP’s Growth Potential

One of the key factors influencing XRP’s growth potential is the ongoing regulatory uncertainty surrounding the cryptocurrency market. As regulatory bodies worldwide work to establish clear guidelines and frameworks for digital assets, the resolution of these uncertainties could pave the way for increased institutional adoption and mainstream acceptance of cryptocurrencies like XRP.

Moreover, Ripple’s cross-border payment solutions and initiatives have been gaining traction, with an increasing number of financial institutions and businesses exploring the potential of blockchain technology in streamlining international transactions.

As more entities adopt Ripple’s technology, the demand for XRP, which plays a crucial role in facilitating these transactions, is expected to grow, further fueling its price appreciation.

Meme coins like MEW, FLOKI, PEPE, and MEME gain attention for potential gains amidst market anticipation post-Bitcoin halving.

MEW leads with 33% surge in 24 hours, targeting $0.012, appealing for portfolio diversification.

FLOKI eyes $0.00020, PEPE targets $0.0000177 with 60% surge, showing breakout potential.

As the cryptocurrency market anticipates a stronger recovery post-Bitcoin halving, a fresh entry of meme coins in the top performers list has caught the attention of smart investors.

While established players like Dogecoin (DOGE) and Shiba Inu (SHIB) are making conservative moves, these underrated low-cap coins are emerging as the choice for those seeking potentially higher returns.

With the market sentiment turning bullish and the hype surrounding meme coins growing, these lesser-known tokens offer a unique opportunity for sideline traders to capitalize on potential breakouts. Let’s take a closer look at these underrated meme coins that are ready to deliver massive gains in the coming time.

Cat In A Dog World (MEW) 

Cat In A Dog World (MEW) stands out as a cat-themed coin in a meme coin sector primarily dominated by dog-themed top performers. The MEW price has recently experienced a bullish reversal, surging by 33% in the last 24 hours and breaking through a resistance trendline.

As the trend momentum builds, MEW could potentially surpass the $0.008683 mark and climb towards $0.012. This unique positioning and the growing interest in the token make it an attractive option for investors looking to diversify their meme coin portfolios.

Floki Inu (FLOKI) 

Floki Inu (FLOKI) is currently trading within a falling channel on the 4-hour chart, indicating a larger pullback phase in motion. However, the short-term reversal within the channel suggests a potential breakout rally, which could lead to a golden crossover.

With a nearly 50% increase in the last 30 days, the FLOKI price is inching closer to the psychological mark of $0.00020. If the breakout rally materializes, the hype surrounding the meme coin could intensify, propelling the price towards $0.000040.

Pepe Coin (PEPE) 

Pepe (PEPE) has emerged as a top meme coin contender, showcasing a breakout rally that signifies the beginning of a prolonged bullish trend. If the broader market recovery continues, PEPE has the potential to deliver a 10x return in 2024.

Having broken beyond a falling channel, the meme coin has surged by 60% in the last six days, forming a streak of bullish candles. As the uptrend approaches the trend-based 50% Fibonacci level at $0.000008966, the retracement levels suggest that the breakout rally could target the $0.0000177 mark or even the 1.618 level.

Memecoin (MEME) 

Memecoin (MEME), one of the youngest top names in the meme coin sector, presents a bullish reversal entry opportunity for investors. With a recent bounce back, the MEME token value has risen by 23% in the last seven days.

This reversal has positioned the MEME price to challenge the 50-day Exponential Moving Average (EMA) and potentially the resistance trendline in the near future. The bullish crossover of the Moving Average Convergence Divergence (MACD) and signal line further strengthens the likelihood of an uptrend.

The investor predicts a decline in BTC prices, but he thinks the gold market correction is gone.

Bitcoin has fallen 3.85% in the last 24 hours, and as of this writing, its price is $64,148.

The comment by prominent investor Peter Schiff that Bitcoin, the most valuable digital asset by market cap, would not be able to maintain its psychologically significant support level of $60,000 has started trending.

The Bitcoin skeptic began his piece by assuming that the recent decline in gold prices has ended. At well over $2,300 per share, the conventional asset is selling at a premium over Schiff’s $2,000 valuation. 

Gold, he says, has hit a resistance level at $2,400, but that level won’t be there for much longer. Bitcoin, Schiff pointed out, stands in stark contrast to the gold market’s prognosis. The investor predicts a decline in Bitcoin prices, but he thinks the gold market correction is gone.

All Eyes on Key Support Level

The most popular cryptocurrency has fallen 3.85% in the last 24 hours, and as of this writing, its price is $64,148 as per data from CoinMarketCap. Schiff believes that Bitcoin has support around $60,000 but also believes that the cryptocurrency will not be able to hold this level for an extended period of time given its present pricing.

Exactly one week before this latest forecast, the critic had warned that a decline to about $20,000 may be in store if the price fell below $60,000. Even though Peter Schiff has maintained his bearish outlook on Bitcoin, it is interesting to see that BTC is now showing mixed sentiments.

One well-known crypto expert, Ali Martinez, has lately issued a warning to investors after seeing a sell signal on the Bitcoin price chart. He made a specific point about Bitcoin’s potential to go below the $65,500 mark, which would cause a dramatic decline in the value of the cryptocurrency.

Highlighted Crypto News Today:

Binance Completes 27th Quarterly Token Burn: Can BNB Hit $800?

Strike CEO Jack Mallers emphasized Bitcoin’s significance across sectors.

The expansion to Europe follows earlier moves into other jurisdictions.

As part of its efforts to encourage wider adoption of cryptocurrencies, Bitcoin payments platform Strike has revealed plans to expand its services to clients in Europe. The business announced the expansion to qualified European consumers in a recent announcement.

In an effort to bring more people in Europe into the Bitcoin ecosystem, Strike has released a full range of services. The announcement states that users may register and facilitate Bitcoin transactions.

Strategic Expansion

Following price peaks and institutional inflows, Bitcoin adoption has recently soared. Strike CEO Jack Mallers emphasized Bitcoin’s significance across sectors as a technological advancement propelling savings and interoperability.

The CEO stated:

“Bitcoin transcends borders, enhances financial inclusion, and solves some of the biggest economic problems we all face today such as inflation. As the third-largest economy globally Europe presents vast opportunities for Bitcoin adoption and we believe that Strike is uniquely positioned to serve millions of people across the continent.”

The expansion to Europe follows earlier moves into other jurisdictions. Currently, Strike serves clients in around a hundred different countries throughout North America, South America, and Africa.

Strike has stated that it would accept applications from companies to meet Bitcoin requirements, including SEPA transfers and buying/selling transactions. This comes on top of their recent announcement about onboarding European customers.

Bitcoin may be purchased by European users with limitless SEPA Euro deposits and withdrawn to Bitcoin wallets that do not need custody or other methods. Users may also take use of the withdrawal choices and cross-border payment facility to send and receive funds.

Highlighted Crypto News Today:

Binance Completes 27th Quarterly Token Burn: Can BNB Hit $800?

Binance Foundation removed nearly 2 million BNB tokens from circulation, aiming to decrease total supply.

Despite the burn, BNB’s price remained stable, later surging 110% and showing strong performance.

Technical indicators suggest the token may challenge $635 resistance, but a reversal could test support levels at $569.5 and $506.5.

The Binance Foundation recently completed its 27th quarterly BNB token burn on the BNB Chain, marking another significant milestone in the platform’s ongoing efforts to reduce the total supply of BNB tokens.

During this process, the platform permanently removed 1,944,452.51 BNB tokens, valued at approximately $1.17 billion at the time of the burn, from circulation.

The Binance burn is a quarterly event that is carried out automatically using the Auto-Burn formula. The ultimate goal of this process is to gradually decrease the total supply of BNB tokens until it reaches 100 million. At present, the total supply stands at 149,532,856 BNB tokens, showcasing the significant progress made towards achieving this target.

Binance Burn Impact on BNB Price

Following the token burn, the BNB coin price remained neutral, trading in a narrow band of $278 to $345.5 until mid-February. However, as market volatility escalated, the altcoin surged 110% before being rejected at $635.

Since then, the price has been moving in a tight range of $506.5 to $635. Despite recent consolidation, BNB has performed well across multiple timeframes.

BNB’s value has increased by 11.43% in the last seven days, and 10.12% in the last thirty days. Furthermore, the token’s Year-to-Date (YTD) performance is an incredible 94.58%, implying significant bullish price action for the Binance coin price in the next months.

Technical indicators also reinforce the positive outlook for Binance coin. The Moving Average Convergence Divergence (MACD) indicator displays a rising green histogram, indicating growing purchasing pressure in the cryptocurrency market. Furthermore, the averages show bullish convergence, which reinforces the favorable prognosis for the BNB price in the near future.

Will The Coin Price Rise Back Up?

If the positive momentum continues, the BNB coin price is projected to challenge its resistance at $635 over the weekend. If the market manages to keep the price at that level, the Binance token may try to challenge its previous all-time high (ATH) of $690.9.

However, if a trend reversal occurs, the Binance token may lose momentum and fall to test its support level of $569.5. In the event that the bears continue to dominate the market, the Binance token could potentially plunge further and prepare to test its lower support level of $506.5 in the coming weeks.

ChinaAMC’s Bitcoin and Ethereum ETFs have been greenlit, so they’re officially in the game.

The anticipated listing date for these ETFs is April 30, 2024.

Two Spot Bitcoin & Ethereum ETF pairings have been approved by the Hong Kong Securities and Futures Commission (SFC), marking a significant decision. Leading figures in the conventional banking and cryptocurrency sectors, Boshi Funds and HashKey Capital Limited, have banded together to launch this groundbreaking initiative. Also, ChinaAMC’s Bitcoin and Ethereum ETFs have been greenlit, so they’re officially in the game.

In an effort to write a new chapter in the history of the virtual asset market in Hong Kong, Boshi International has announced that they would be teaming up with HashKey. The clearance of these ETFs, in their view, will do double duty: it will increase investors’ asset allocation alternatives and further establish Hong Kong as a leading global financial and virtual asset hub.

Huge Milestone

This was also the opinion of HashKey Capital. Traditional financial institutions may now more easily allocate virtual assets, thanks to the introduction of spot ETFs for virtual assets, they said. Therefore, making it easier for both institutional and individual investors to participate. Also, by authorizing the first-ever Ethereum ETF, Hong Kong cemented its stance, making the most recent approval a huge milestone.

Boshi International claims that their currency-holding subscription system enables investors to immediately subscribe for equivalent ETF shares using Bitcoin and Ethereum, and both businesses highlight the importance of this approach. Investors will appreciate the improved accessibility and ease of use.

Simultaneously, ChinaAMC also received approval to create the ChinaAMC Ethereum ETF and the ChinaAMC Bitcoin ETF. The anticipated listing date for these ETFs is April 30, 2024. These ETFs provide investors a quick, efficient, and secure way to allocate digital assets, according to Zhu Haokang, Head of digital asset management ChinaAMC.

Highlighted Crypto News Today:

Jack Dorsey Led Block Develops Three-Nanometer Bitcoin Mining Chip

London, United Kingdom, April 24th, 2024, Chainwire

Today marks a monumental day as Hipposol, A solana memecoin proudly announces the launch of $hippos pre sale round for early participants. Drawing vibrant inspiration from the mighty and playful hippopotamus, the $Hippos token presale event begins today April 24th 2024, with a sale duration of 26 days.

Hipposol Ready To Pioneer A New Era in Memecoin

$Hippos isn’t merely another entry in the memecoin ledger; it heralds a new era where community, technology, and sheer fun merge to forge genuine value. “With $Hippos, we’re not just redefining memecoins; we’re revolutionizing how a memecoin community and digital currency coexist. This journey isn’t about speculative trading alone; it’s about crafting a community empowered to steer its course and reap substantial growth,” said King Hippo, the revered leader of the Hipposol herd.

The Hipposol team believes the $Hippos pre sale event means more than buying a token; it means joining a memecoin herd that leads. With Hipposol community-driven development approach, users insights and votes directly influenced by the $Hippos holders, Hipposol is set to be next meme sensation on Solana.

$Hippos Presale Facts:

Token Presale Rate: 1 SOL = 150,000 $Hippos

Minimum Buy: Dive in with as little as 0.5 SOL

Users can join the Solana meme adventure with Hipposol and experience a new breed of memecoin that’s ready to make waves.

For more updates and news on Hipposol memecoin;

Website | $Hippos Sale portal | Twitter | Telegram 

Hipposol is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Investing in cryptocurrencies can be volatile and dangerous.

Contact

King HippoHipposolpod@hipposol.xyz

DogeMob, a prominent player in the meme coin sector, today announced several key developments and updates that underscore its evolution from a meme-driven concept to a multi-faceted crypto platform. With a range of new features and significant community growth, DogeMob is set to enhance user engagement and utility within its ecosystem.

DogeMob has recently expanded its presence on global cryptocurrency exchanges. Following its initial listings, the platform is now actively traded on BitMart and MEXC. This expansion facilitates greater accessibility and liquidity for the $DOGEMOB token, broadening its investor base and reinforcing its market presence.

In line with its commitment to enhancing token utility, DogeMob is nearing the completion of its much-anticipated web3 game. This development is expected to introduce new functionalities for the $DOGEMOB token, integrating entertainment with transactional utility, thus enriching the user experience and engagement across its platform.

Further empowering its community, DogeMob boasts a robust governance model where token holders play a pivotal role in steering the project’s direction. Through its on-chain voting system, holders can submit proposals and vote on various aspects of the project’s development, ensuring transparency and inclusivity in its growth trajectory.

Adding to its user-centric approach, DogeMob offers a “stake and earn” program, allowing token holders to earn passive income with the flexibility to withdraw their stake at any time. This feature underscores DogeMob’s commitment to providing value and autonomy to its community.

Financially, DogeMob has demonstrated substantial market activity, with over a million dollars in aggregated daily trading volume across centralized and decentralized exchanges. Moreover, the platform’s market capitalization has grown to exceed 3 million dollars, a testament to its growing acceptance and investor confidence.

DogeMob is also verified on major crypto aggregators CoinMarketCap and CoinGecko, which offers users transparency and real-time data to make informed decisions. These listings provide credibility and enhance visibility in the competitive crypto space.

Underpinning its technological foundation, DogeMob’s smart contract has been fully audited, and viewable here, and the platform maintains rigorous standards with a comprehensive KYC process, ensuring security and compliance. Additionally, DogeMob operates with a 0% buy and sell tax policy, enhancing its attractiveness to potential investors looking for accessible crypto options.

The community around DogeMob has seen exponential growth, now boasting over 11,000 members in its Telegram group. This vibrant community is actively engaged in discussions about market trends, project developments, and the broader meme coin culture, contributing to a dynamic ecosystem.

In 2024, DogeMob is set to amplify its platform with a series of strategic expansions and community-driven initiatives. The first quarter will see the launch of the $DOGEMOB token on additional exchanges, enhancing its liquidity and market presence. Throughout the year, DogeMob will focus on increasing community engagement through social media campaigns, AMA sessions, and partnerships with key influencers in the meme space. 

The latter half of the year promises exciting developments, including the release of community-inspired meme content, the introduction of DogeMob-themed NFTs, and interactive meme-based gaming experiences, further solidifying DogeMob’s position as a pioneering force in the meme coin ecosystem.

About DogeMob

DogeMob is a leading meme coin platform that combines the playful culture of memes with serious cryptocurrency innovation. With a fixed supply of one billion tokens, DogeMob is designed to provide both stability and excitement in the volatile altcoin market. The platform’s commitment to community-driven growth, comprehensive governance, and innovative crypto solutions continues to position it as a standout project in the blockchain space. 

For more information, visit DogeMob’s website, and join the community on Telegram and X.

Media Contact:

Danny Ariti

Dogemob

danny@dogemob.com

Sydney, Australia

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The company is now working with a top global semiconductor foundry to finalize the design.

The business aims to enable decentralized mining with this development

Block, Jack Dorsey’s digital payments company, has completed development of a three-nanometer Bitcoin mining chip. The company is now working with a top global semiconductor foundry to finalize the design of the chip.

Block mentioned:

“With our design showing competitive performance, we are proceeding with the full tapeout. Our mining chip will utilize the most advanced semiconductor process currently available and will deliver the performance required for mining operators of all types to survive and thrive in the fifth mining epoch (the period following the recent 4th halving of the block subsidy) and beyond.”

Standalone Mining Chips

The business is making progress toward its objective of enabling decentralized mining with this development, which will include the provision of standalone mining chips as well as its own comprehensive mining infrastructure.

On April 19, the reward for mining Bitcoin fell from 6.25 BTC to 3.125 BTC as a result of the fourth halving. According to Block’s most recent financial report, the company had a 37% year-over-year rise in sales of bitcoin to clients in the fourth quarter of 2023, reaching $2.52 billion in value.

Block added:

“With a standalone mining chip, we will represent the only large, well-capitalized mining hardware vendor with such a solution. We hope this will help unlock mining system innovation and support the much-needed development of new mining system form factors and use cases.”

In 2006, Dorsey co-founded Twitter, which is now known as X. In 2009, he co-founded Square, a mobile payments firm. In December 2021, Square changed its name to Block to reflect its dedication to crypto and decentralized technologies.

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