FlokiFi Locker secures $18 million worth of ATS tokens, showcasing trust.

Alltoscan’s lock highlights confidence in FlokiFi’s security and reliability.

Floki ecosystem strengthens with growing adoption of FlokiFi Locker.

In a groundbreaking move, FlokiFi Locker has emerged as a leading digital asset locker, boasting a total value locked (TVL) of $135 million. Developed by Floki, this cutting-edge protocol offers users a secure platform to lock LP tokens, fungible tokens, and NFTs, revolutionizing the crypto industry.

HIGHLIGHT: ALLTOSCAN AND FLOKIFI LOCKERWith the total value locked currently at $135 million, #FlokiFi Locker stands out as the most innovative digital asset locker, built by #Floki. Our mainstream crypto locker protocol enables users to securely lock LP tokens, fungible… https://t.co/ZMQyBHYFMY

— FLOKI (@RealFlokiInu) April 26, 2024

Among FlokiFi’s rapidly growing user base, Altoscan recently made waves by locking over $18 million worth of ATS tokens for a 15-month period. This significant lock underscores two crucial aspects: the substantial value entrusted to FlokiFi Locker and the escalating adoption of the protocol across the crypto landscape.

The decision by Alltoscan to secure its digital assets with FlokiFi Locker reflects a deep level of confidence in the platform’s security and reliability. By committing to a long-term lock, Alltoscan emphasizes its dedication to safeguarding its assets and underscores FlokiFi’s position as a trusted leader in digital asset protection.

Furthermore, this latest adoption of FlokiFi Locker underscores the growing prominence of the FLOKI ecosystem within the crypto industry. With ambitions to become the most recognized and utilized cryptocurrency globally, Floki’s ecosystem continues to strengthen its foothold in the market, fueled by innovative solutions like FlokiFi Locker.

As the crypto landscape evolves, FlokiFi Locker remains at the forefront of security and innovation, offering users unparalleled peace of mind when it comes to safeguarding their digital assets. Whether locking LP tokens, NFTs, or fungible tokens, users can trust FlokiFi Locker to provide robust security measures for their assets.

For those looking to secure their digital assets with FlokiFi Locker, the platform offers a seamless and reliable solution. Join the FlokiFi revolution and safeguard your assets with confidence.

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Floki Integrates Into DWF Labs Liquid Markets Amid Stark FLOKI Resurgence

The post FlokiFi Locker Secures $18 Million Worth of ATS Tokens: A Testament to Innovation appeared first on Crypto News Land.

Orbid, a famous social media influencer and cryptocurrency expert renowned for identifying high-potential cryptos, recently highlighted BlastUP in a post on X. He suggests that the token is currently undervalued and could soon reach $10.  

The fact that this reputable crypto analyst has added BLP to a must-watch list is a meaningful sign. This article delves into the reasons behind the current hype over BlastUP and evaluates its chances for a head spinning surge ahead. 

BlastUP offers high utility, ensuring smooth DApp Launches on Blast

In early February, BlastUP emerged as the first launchpad on the Blast L2 blockchain, with a mission to supercharge the growth and earnings of crypto startups. This platform offers a variety of innovative tools designed to propel projects forward. 

Join BlastUP to Grow Faster and Earn More

BlastUP’s toolkit includes the Launchpad Accelerator that helps projects create essential documentation and tokenomics to attract funding. Only high-caliber projects are allowed to join the ecosystem, so BlastUP conducts rigorous project screening to create a safe and reliable crypto environment. 

BlastUP Takes Off: First Project Successfully Launched

Affirming its utility as a launchpad platform, BlastUP has recently launched the BlastUP App which hosts the presale of CYBRO. This event is particularly noteworthy as BlastUP, while still in its own presale phase, hosts an alpha sale for CYBRO. This initial launch not only tests the platform’s capabilities but also sets the stage for the official rollout of BlastUP. 

Robust tokemonics add value to BlastUP ($BLP) token

The BlastUP’s native token is $BLP, which grants holders several advantages:

exclusive access to token sales

opportunities for staking 

loyalty benefits during Initial DEX Offerings (IDOs). 

The total supply of 1 billion $BLP tokens is thoughtfully allocated across private sales, pre-sales, public offerings, and other necessary areas like liquidity and marketing, all accompanied by a structured vesting schedule to ensure a smooth introduction of tokens into the market.

$BLP priced below market value during pre-sale 

BlastUP is currently running a presale of its BLP tokens which are now priced lower than their market value following the DEX listing. Over 12,000 people have already joined the presale, and over $5 million have been raised in just two months. The presale runs until the end of May, so there is still a chance to buy these undervalued tokens at an attractive price.

Level Up Your Crypto Portfolio with $BLP Token

BlastUP has ambitious plans with detailed roadmap until 2026

Looking ahead, BlastUP has exciting plans. Its roadmap includes deploying an AI-driven IDO screener, introducing new yield and $BLP staking programs, and launching a Community Marketplace and Incubation program. The BlastUP team is also working on user-friendly tools for better token and liquidity management, such as the AI Launchpad Assistant and liquidity pool analyzers, all aimed at fostering innovation and growth within the crypto community.  

Strong support from BlastUP community drives further growth

BlastUP is active on major social platforms like X, Telegram, and Discord, consistently updating fans with exciting news and announcements. They also hold engaging AMA sessions, which highlight their commitment to transparency and open communication.

The BlastUP community is a vibrant and loyal group, always eager to discuss and praise the platform’s latest features and developments. 

Image source

Summing up: Will BlastUP value soar?

With the backing of key industry influencers like Orbid and a well-structured ecosystem designed to nurture and accelerate the growth of crypto startups, BlastUP exhibits all the hallmarks of a token poised for significant increase in value. The token’s strategic utility in facilitating DApp launches and its robust tokemonics that include staking opportunities make it an attractive asset. Coupled with the enthusiastic and growing community support, these factors strongly suggest that $BLP is likely to exceed expectations in the cryptocurrency market. 

The post Leading Expert predicts a 1000% Surge in BlastUP: Is this Increase Plausible? appeared first on Crypto News Land.

Shiba Inu has experienced a bullish recovery for over 24 hours, with whales shifting 1.5 trillion SHIB, aiming to sustain an uptick.

SHIB aims to reenter the top 10 coins by market capitalization, currently ranking 11th, with a market cap of $14.9 billion.

The upcoming hard fork for Shibarium is anticipated to enhance efficiency, address fee fluctuations, and potentially drive long-term demand.

Shiba Inu (SHIB) enthusiasts are eagerly eyeing the impending hard fork for Shibarium. This strategic move, slated to debut on May 20, holds promising prospects for bolstering efficiency and stoking demand for SHIB over the long haul.

1/ SHIBARMY, we are on the brink of a transformative upgrade for Shibarium. Through an upcoming hard fork expected to go live on May 2nd, we're introducing a suite of new features designed to enhance user experience and empower our community of innovators and developers.

— Shib (@Shibtoken) April 25, 2024

The recent bullish surge in SHIB’s performance has caught the attention of market watchers, with the meme coin staging a remarkable recovery for over 24 hours. Notably, whales in the SHIB ecosystem have orchestrated substantial shifts, amounting to a staggering 1.5 trillion SHIB within the past day. Such maneuvers underscore a concerted effort to sustain the coin’s upward trajectory, currently valued at $0.00002544 per CoinMarketCap data—a 2.56% increase.

Positioned just outside the coveted top 10 coins by market capitalization, Shiba Inu is poised to reclaim a spot among the elite, with its market cap witnessing a commendable uptick to $14,943,256,400—a surge of over 2%. However, the road to the top echelons faces a significant obstacle in the form of Cardano (ADA), boasting a market cap of $16,808,756,296. Despite this disparity, SHIB’s robust growth rate presents a compelling case for narrowing the gap and potentially surpassing ADA.

In its quest for enhanced performance, Shiba Inu’s ambitions extend beyond market positioning. The impending hard fork for Shibarium holds the promise of addressing crucial challenges, such as optimizing block processing times and rectifying fee fluctuations during peak traffic periods. While the precise impact on SHIB’s deflationary dynamics remains uncertain, proponents of the hard fork remain buoyantly optimistic about its potential to galvanize efficiency and stimulate sustained demand.

Read also:

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Cardano Preps to Launch Vasil Hard Fork, Is $3 Inevitable?

ETH Testnet Upgrade All Green for Shanghai Hard Fork

The post Shiba Inu’s Hard Fork: A Game-Changer for SHIB’s Future? appeared first on Crypto News Land.

The introduction of delegate representatives (DReps) aims to advocate for Cardano community interests through ADA delegation.

The Cardano Constitution Convention convenes in Buenos Aires to draft the inaugural Cardano Constitution, guiding decentralized governance principles.

A community-wide vote on the ratification of the Cardano Constitution could potentially shape the future direction of the blockchain.

Cardano (ADA) enthusiasts worldwide are eagerly awaiting the highly anticipated Chang hard fork, slated to take place in the second quarter of 2024. 

At the heart of the Chang hard fork lies its pivotal role in kickstarting the process of establishing community-driven governance within the Cardano ecosystem throughout the year 2024. The hard fork is set to unfold in three distinct stages, each playing a crucial part in reshaping the governance landscape of the blockchain platform.

First and foremost, the introduction of delegate representatives (DReps) stands out as a groundbreaking initiative aimed at fostering greater community engagement. These elected representatives will be tasked with advocating for the interests of Cardano users, offering them the opportunity to delegate their ADA holdings and actively participate in governance decisions.

Following this initial phase, the spotlight will shift to the Cardano Constitution Convention, a landmark event set to take place in Buenos Aires. Here, governance representatives from workshops held across the globe will converge to collaboratively draft the inaugural version of the Cardano Constitution. 

The culmination of these efforts will be marked by a community-wide vote on the ratification of the Cardano Constitution. If approved, this constitution will serve as the cornerstone of decentralized governance mechanisms, steering the future trajectory of the Cardano platform.

In addition to these significant governance milestones, the Chang hard fork will introduce two key upgrades: Chang Upgrade Number One and Chang Upgrade Number Two. These enhancements, as outlined in CIP-1694, will facilitate the implementation of crucial governance features, including decentralized voting mechanisms and treasury withdrawals.

Read also:

Texas GOP Aims to Enshrine Crypto in State’s Constitution

How To Make a Profit From the Upcoming Ethereum Fork

The Cardano Hard Fork Inches Even Closer

Cardano Preps to Launch Vasil Hard Fork, Is $3 Inevitable?

ETH Testnet Upgrade All Green for Shanghai Hard Fork

The post Cardano Fans Await Chang Hard Fork: A Revolutionary Leap for ADA appeared first on Crypto News Land.

Dogecoin has consistently met or surpassed the 1.618 Macro Fibonacci extension in all previous bull cycles.

The current market cycle places Dogecoin’s 1.618 Fibonacci extension at $3.80, signaling potential for unprecedented growth.

Two additional price levels for Dogecoin in this cycle are $0.95 and $1.35, highlighting its resilience and ability to exceed projected targets.

As market momentum hints at a potential upswing, a recent technical analysis by an analyst has illuminated Dogecoin’s  (DOGE) remarkable historical performance, suggesting the possibility of unprecedented growth.

The analyst’s examination revolves around the 1.618 Macro Fibonacci extension, a key metric utilized by traders to gauge price targets and support/resistance levels. Notably, Dogecoin has consistently outperformed or matched this extension in all previous bull cycles, showcasing a striking level of consistency.

In the current market cycle, the expert identifies Dogecoin’s 1.618 Fibonacci extension at $3.80, though he acknowledges the challenges posed by a maturing market and increasing competition within the cryptocurrency space. Despite these obstacles, Kevin remains optimistic about Dogecoin’s potential to achieve this target, citing its track record of defying expectations.

Furthermore, the analyst highlights two other noteworthy price levels for Dogecoin in this potential bull cycle: $0.95 and $1.35. These figures are derived from Dogecoin’s historical performance during previous bullish periods, further emphasizing its resilience and ability to surpass projected targets.

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Web3×LLM On-Chain Contract Analysis Tool “DeCipher” Sparks Excitement Among Developers and Researchers

The post Dogecoin’s Golden Run: Charting Potential Bull Run Peaks appeared first on Crypto News Land.

Pantera Capital launches Pantera Fund V with a $1 billion target, diversifying into startup equity, early-stage, and liquid tokens.

Fund V aims to attract a broad range of investors with a $1 million minimum entry point and an initial $25 million from limited partners.

With over $3.5 billion already invested in crypto in 2025, Pantera’s initiative signals a robust market rebound and renewed investor interest.

Pantera Capital is set to launch an initiative with its new Pantera Fund V, targeting a robust $1 billion capital raise. Slated to begin in April 2025, this fund aims to encompass a comprehensive array of blockchain-based assets, setting a new precedent in the industry. Unlike its predecessors, specifically focused funds like the Liquid Token Fund and Early Stage Token Fund,  Fund V is designed as a versatile, all-encompassing portfolio option.

The strategic design of Pantera Fund V will include investments in startup equity, early-stage tokens, and liquid tokens. Pantera intends to capture a full spectrum of blockchain opportunities by casting a wider net, reflecting a shift towards a more inclusive investment approach. 

#Pantera Capital seeks $1B for a new crypto fund: ReportThe Pantera Fund V will invest in a range of #blockchain-based assets and is slated for launch in April 2025.Slated for an April 2025 launch, the Pantera Fund V is set to serve as the firm’s ‘all-in-one’ fund, a slight… pic.twitter.com/Fms3QYdzr8

— TOBTC (@_TOBTC) April 26, 2024

This initiative aims to draw a broad range of qualified investors, with a minimum entry point of $1 million, and limited partners expected to initially contribute at least $25 million.

This initiative has emerged as one of the most ambitious fundraising efforts in the cryptocurrency sector since May 2022, signalling a renewed vigour in market activities. If successful, Pantera’s fund will play a pivotal role in driving fresh capital into a range of crypto ventures, mirroring the recent positive shifts across the industry.

More than $3.5 billion has been invested in cryptocurrency enterprises this year, and projections indicate that investments will surpass last year’s totals, highlighting a clear market rebound. Pantera’s strategy aligns with this upward trajectory, aiming to leverage the current wave of investor enthusiasm to secure a stronger foothold in the market.

Pantera Fund V represents a strategic evolution for Pantera Capital, as it looks to broaden its impact and redefine investment norms within the blockchain space. By offering a gateway to a diverse portfolio of digital assets, Pantera is actively shaping the future of crypto investment.

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Binance Research Compares Recent Performance of TradFi vs DeFi

The post Pantera Fund V Targets $1 Billion to Fuel Blockchain Asset Diversification appeared first on Crypto News Land.

Marathon Digital plans to hit 50 EH/s by doubling Bitcoin mining operations in 2024.

The company’s post-halving strategy is fueled by recent acquisitions and tech advancements.

Stable industry hash rates post-halving show resilience against expected drops.

Marathon Digital, a key player in the Bitcoin mining sector, has announced ambitious plans to double its hash rate by the end of 2024. The company began the year with a hash rate of approximately 24.7 exahash per second (EH/s) and initially set a target growth of 46%, aiming for 35-37 EH/s. 

However, recent developments in its operational capacity have prompted an upward revision of these targets. Marathon aims to reach a hash rate of around 50 EH/s by year’s end, fueled by increased machine orders and strategic acquisitions.

Marathon’s Chairman and CEO Fred Thiel expressed confidence in this new target. “Given the amount of capacity we have available following our recent acquisitions and the amount of hash rate we have access to through current machine orders and options, we now believe it is possible for us to double the scale of Marathon’s mining operations in 2024 and achieve 50 exahash by the end of the year,” he stated. Thiel also noted that this growth is fully funded, eliminating the need for additional capital injections.

#Bitcoin miner Marathon increases 2024 hash rate target to 50 #EH/s :If Marathon reaches its 50 EH/s target, it would mark more than a 100% increase in the firm’s hash rate since the start of 2024.“Given the amount of capacity we have available following our recent… pic.twitter.com/0RoGBVheKY

— TOBTC (@_TOBTC) April 26, 2024

Industry Dynamics Post-Halving

The adjustment in Marathon’s strategy comes in the wake of Bitcoin’s fourth halving event, which saw mining rewards halve from 6.25 to 3.125 BTC per block. This development typically prompts a recalibration within the mining industry as companies adapt to lower immediate yields from block rewards.

Despite these challenges, Marathon’s approach reflects a broader optimism among large-scale miners. They continue to invest in more efficient mining rigs, anticipating that technological advancements will offset the reduction in block rewards. Recent industry analysis supports this sentiment, suggesting that large miners maintain robust operations and financial health even as the market absorbs the impacts of the halving.

Moreover, the industry’s hash rate, a measure of total computational power, has remained stable and even shown signs of increase immediately following the halving, contrary to historical trends where it typically dropped. 

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Marathon Digital Under SEC Investigation for Potential Mining Violations

Hashrate Will Drop Before The Merge: Vitalik Buterin

The post Bitcoin Miner Marathon Digital Sets Goal to Double Hash Rate by 2024 End appeared first on Crypto News Land.

In a fast-moving market, five currencies are ascending rapidly, capturing attention and investment. As the bull run of 2024 gathers pace, these contenders are showing significant potential for growth. Investors and enthusiasts alike are keen to discover which names are making strides and setting the pace for peers to follow. This article delves into these rising players, exploring their climb up the financial hierarchy and what makes them stand out in a competitive field.

CYBRO Presale: Meet the First-Ever Earn Marketplace on Blast

CYBRO introduces a unified marketplace for consistent crypto earnings, utilizing the Blast blockchain’s innovation. Launching in Q2 2024, the platform invites early investors to its presale for favorable entry terms.

From now on, CYBRO offers its native tokens at attractive prices, starting from just $0.020 apiece, an astounding 66% discount. Token holders will gain preferential access to marketplace services and various bonuses for an enhanced earning experience.

CYBRO will equip users with tools for increased income generation, such as staking, leverage farming, and lending. Enhancing Blast’s competitive interest rates, CYBRO will initially focus on high-yield staking, bolstered by state-of-the-art crypto-fiat and self-custody options.

Beyond staking, CYBRO tokens will enable an exclusive Airdrop, marketplace cashback,  reduced trading and lending fees, and the in-house insurance program.

This robust functionality positions CYBRO for potential value growth just after the TGE in Q3 2024, significantly benefiting presale investors.

>>CYBRO Presale Is NOW Live<<

Chainlink Shows Resilience Amidst Market Uncertainty

Chainlink’s price appears to be recovering after a period of decline, showing signs of positive momentum in the short term. Recent trends suggest that investors are gaining confidence, and the digital asset could be heading towards stronger value points. The community sentiment is cautiously optimistic as Chainlink displays resilience in a volatile market.

The market’s growing trust in Chainlink is possibly due to its fundamental features, such as reliable data feeds and partnerships across various industries. As more people understand its utility, we might see a more stable rise in demand and price. Chainlink’s unique position in the crypto space, as a provider of oracle services, adds to its credibility, potentially fostering an uptrend in its market performance.

NEAR Protocol Shows Bullish Trends Amid Market Fluctuations

NEAR Protocol’s price has been moving favorably with an upward trend over the past few months. The overall sentiment in the market seems positive as NEAR contests significant price levels. Investors are optimistic, noticing sustained growth over recent weeks, alongside a healthy interest from traders looking for promising projects.

The enthusiasm around NEAR Protocol is also fueled by its fundamentals. As a blockchain platform designed for simplicity and developer-friendliness, NEAR aims to drive the adoption of decentralized applications. With a strong community and a focus on scalability, the project stands to benefit from the current positive market attitude, potentially leading to more widespread use and value appreciation.

Litecoin Sees Bullish Trend Amidst Market Fluctuations

Litecoin has been experiencing a period of growth recently, with its value pushing against an upper limit that it’s trying to break through. There’s a lower boundary providing a cushion that Litecoin has been staying safely above. Over the past several days, it’s gained ground, although it saw a bit of a decline over the last month. Even with these shifts, its value has gone up appreciably over the past half year.

In the context of its overall performance, Litecoin’s steady movement indicates a positive feeling among traders about its prospects. This coin is known for its speed and lower transaction costs compared to its big brother, Bitcoin. These features, along with its established presence, hint at a stable footing in the market which might keep its upward trend going, attracting more users and investors.

Ondo Token Witnessing Mixed Market Movements

Recent activity for Ondo portrays a charged environment, with a significant climb observed over a midterm range. However, short-term changes in its value show a blend of ups and downs. Despite these fluctuations, the currency’s average position has remained unchanged for some time, suggesting a phase of consolidation, where neither buyers nor sellers have full control.

The current trading patterns suggest a balanced sentiment in the market, with investors showing cautious optimism. Ondo’s recent metrics might indicate that it has settled into a steadier rhythm, following a period of much more dramatic shifts. The outlook on Ondo will be heavily influenced by upcoming developments and broader market trends which might serve as catalysts for either growth or correction.

Conclusion

Coins like LINK, NEAR, LTC, and ONDO may not see significant growth in the short term. They provide different opportunities in the market, but the spotlight turns to CYBRO, a unique marketplace that uses the yield potential of the Blast blockchain. With its first release set for the second quarter of 2024, CYBRO stands out. It allows early investors to get in at a good time by joining the CYBRO token presale, presenting a significant opportunity for those looking to tap into the bull run of 2024.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.

The post The Crypto Wealth Ladder: 5 Digital Currencies Climbing to the Top appeared first on Crypto News Land.

Cat In A Dog World (MEW) offers unique diversification potential in the meme coin sector.

Floki Inu (FLOKI) displays signs of a potential breakout rally despite recent pullbacks.

Pepe Coin (PEPE) shows promising bullish indicators with a breakout rally on the horizon.

The realm of meme coins is often overshadowed by the dominance of dog-themed tokens like Dogecoin and Shiba Inu. However, beneath the surface, there lies a treasure trove of lesser-known memecoins brimming with untapped potential. In this comprehensive guide, we unveil five underrated memecoins that are poised to defy expectations and soar to new heights in 2024.

1. Cat In A Dog World (MEW)

MEW stands out as a unique cat-themed coin in a sea of dog-centric tokens. Recent bullish momentum has propelled MEW by 33% within just 24 hours, breaking through resistance levels and setting the stage for further growth. With a potential surge towards the $0.012 mark, MEW offers investors an enticing opportunity to diversify their meme coin portfolios.

2. Floki Inu (FLOKI)

Despite trading within a falling channel, FLOKI exhibits signs of a looming breakout rally. With a notable 50% increase in the last month, FLOKI is edging closer to the psychological barrier of $0.00020. Should this rally materialize, FLOKI could experience heightened market hype, driving its price towards $0.000040.

3. Pepe Coin (PEPE)

PEPE has emerged as a formidable contender in the meme coin arena, showcasing a breakout rally indicative of a sustained bullish trend. With the potential for 10x returns in 2024, PEPE’s recent surge of 60% underscores its upward trajectory. As it approaches key Fibonacci levels, PEPE could target a price point of $0.0000177 or beyond.

4. Memecoin (MEME)

As one of the newest entrants in the meme coin sphere, MEME presents a compelling bullish reversal opportunity for investors. With a recent uptick of 23% and a bullish MACD crossover, MEME is poised to challenge moving averages and trend line resistances. This favorable setup suggests a promising uptrend in the near future.

5. Mog Coin (MOG)

Dubbed the “alpha meme” on Ethereum, MOG embodies excellence and has sparked a cultural phenomenon within the meme coin community. With a market cap of $245.4M and a robust daily trading volume, MOG stands as a beacon of potential for savvy investors. Its strong community and pioneering status make MOG a compelling investment choice amidst the meme mania.

In conclusion, these underrated memecoins offer a pathway to lucrative returns for investors willing to embrace the risks. With strong fundamentals, passionate communities, and promising technical indicators, these coins are well-positioned to thrive in the ever-evolving landscape of cryptocurrency. 

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FLOKI Continues to Dominate, Memecoin Beats Bitcoin in Popularity

FLOKI Gains Traction as Thena Protocol Adds Liquidity Pool, Memecoins Resilient

The post The Hidden Gems: 5 Underrated Memecoins Set to Soar in 2024 appeared first on Crypto News Land.

Significant on-chain developments indicate Bitcoin ownership shifts, with new whales accumulating.

CryptoQuant CEO highlights a 13-year high in Bitcoin’s average dormancy, indicating a transition to new owners.

Introduction of the spot Bitcoin ETF in January 2024 led to massive inflows and whale accumulation.

Bitcoin (BTC) continues to dominate headlines as its price consolidates around the $66,500 mark, reflecting substantial activity in the cryptocurrency market. Behind this stability lies a complex web of on-chain developments, particularly the exchange of large Bitcoin holdings. At the heart of these developments are the emergence of new Bitcoin whales, marking a significant shift in ownership dynamics.

#Bitcoin's Average Dormancy hit a 13-year peak recently, indicating a transfer of old Bitcoins to new holders. The cap table for Bitcoin is shifting, potentially altering the ownership landscape.Who are the new major shareholder(s)? pic.twitter.com/XaurClSW4r

— Ki Young Ju (@ki_young_ju) April 24, 2024

CryptoQuant CEO Ki Young Ju recently reported a milestone in Bitcoin’s average dormancy, hitting a 13-year high. This metric underscores a profound transition as long-held Bitcoin moves into the hands of new owners, reshaping the distribution landscape. With this surge in dormant Bitcoin, questions arise about the identity and motives of the major emerging shareholders in the cryptocurrency realm.

One pivotal event shaping Bitcoin’s recent narrative is the introduction of the spot Bitcoin ETF earlier this year. Since its launch in January 2024, the ETF has witnessed a flurry of inflows, reflecting heightened investor interest. Concurrently, whales in the Bitcoin market have been on a buying spree, as evidenced by significant accumulation among holders with 1,000 to 10,000 BTC. Data from on-chain analytics platform Santiment reveals a staggering addition of 266,000 BTC to their portfolios since the beginning of the year.

The TD Sequential indicator has flashed a sell signal on the 12-hour chart, with #Bitcoin facing resistance at the mid-level of a parallel channel!Exercise caution, given this indicator's track record. Particularly watchful if $BTC drops below the $65,500 support level. pic.twitter.com/m7iquoi1L5

— Ali (@ali_charts) April 24, 2024

While whale accumulation paints a bullish picture, technical indicators signal a cautious outlook for Bitcoin in the short term. Renowned analyst Ali Martinez points to the TD Sequential indicator, which recently flashed a sell order on its 12-hour chart. This signal coincides with Bitcoin encountering resistance at the midpoint of a parallel trading channel, suggesting potential downside risks, especially if key support levels are breached.

Despite short-term uncertainties, long-term prospects for Bitcoin remain robust. The cryptocurrency’s lower monetary inflation rate compared to traditional assets like Gold positions it for continued growth. According to the stock-to-flow thesis, Bitcoin is expected to surpass Gold’s market capitalization in the coming years, reflecting its status as a store of value.

Bitcoin analyst Willy Woo acknowledges this trajectory but cautions against expecting rapid shifts. He anticipates Bitcoin to lag behind its stock-to-flow valuation by 5-10 years, citing factors such as custodial infrastructure, regulations, and asset manager acceptance. This measured approach underscores the gradual evolution of Bitcoin’s role in the global financial landscape.

In conclusion, the evolving landscape of Bitcoin ownership signifies a paradigm shift in the cryptocurrency realm. As new whales emerge and accumulate substantial BTC holdings, the market undergoes profound transformations. While short-term challenges persist, Bitcoin’s long-term trajectory remains bullish, fueled by its unique properties and growing adoption.

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Solana’s On-Chain Metrics Dip, Bulls Eye Comeback Past $162

The post Bitcoin’s New Players: The Rise of Whales Amidst On-Chain Surge appeared first on Crypto News Land.

XRP whales moved 180M coins, sparking market speculation amidst the Ripple-SEC legal battle.

Judge Netburn grants SEC extension in Ripple lawsuit, maintaining impartial oversight.

Despite volatility, XRP has gained over 5% in the past week amidst significant developments.

XRP, the cryptocurrency tied to Ripple Labs, witnessed a flurry of activity recently as whales moved a substantial 180 million coins. This development has sparked intrigue within the cryptocurrency community, particularly against legal proceedings in the ongoing Ripple versus Securities and Exchange Commission (SEC) lawsuit. The timing of these whale transactions has led to speculation about potential market implications.

Whale Activity Spurs Speculation

The cryptocurrency market experienced a notable surge in attention as XRP’s price exhibited a modest recovery. However, the spotlight quickly shifted to the actions of large holders, known as whales, who orchestrated several substantial transactions involving over 180 million XRP tokens. These transactions, reported by Whale Alert, included a transfer of 26.67 million XRP from Binance to an unknown wallet, sparking optimism among investors regarding a potential uptick in the XRP price.

Another noteworthy transfer involved the movement of 100 million XRP between two unidentified wallets, further fueling speculation within the community. Additionally, an unidentified whale transferred 27.43 million XRP to Bitstamp, prompting questions about the future trajectory of XRP.

100,000,000 #XRP (52,815,512 USD) transferred from #Ripple to unknown wallethttps://t.co/CmwVPaSKWG

— Whale Alert (@whale_alert) April 24, 2024

Meanwhile, the same whale executed another transfer of 29.74 million XRP to Bitso exchange. These successive transactions have led to conjecture ranging from strategic sell-offs to Ripple’s liquidity management strategies, particularly given its association with Bitstamp.

Judge Netburn Issues New Order in Ripple Lawsuit

Amidst these notable XRP transactions, Magistrate Judge Sarah Netburn issued a scheduling order in response to Ripple’s request to dismiss the SEC’s recent expert submissions. The order grants the SEC an extension until April 29, 2024, to submit their reply, with Ripple afforded three business days to respond. 

Judge Netburn’s continued oversight of the case, following her recent nomination as District Judge in the Southern District of New York, underscores her impartial approach to adjudicating the Ripple versus SEC dispute.

Despite recent market volatility, XRP has gained over 6% in the past seven days. The convergence of significant whale transactions and legal developments in the Ripple lawsuit continues to shape the narrative surrounding XRP’s future trajectory.

Read Also:

Whale Alert: Massive XRP Transfers Spark Speculation

Ripple’s Legal Tug-of-War Intensifies: U.S. District Judge Steps in Amid Ex-SEC Official’s Warning

Ripple Lawsuit Update: Ripple Scores Victory as US Judge Denies SEC’s Motion

Ripple Wins Lawsuit: Judge Declares XRP Token is Not a Security

Judge Reject SEC Motion to Revoke Amici Status and Bar John Deaton

The post XRP Whales Transfer 180M Coins Amid Ripple Lawsuit Update appeared first on Crypto News Land.

ORN’s staggering 28.83% leap showcases its resilience and potential in today’s volatile market.

HNT’s impressive 16.90% surge underlines its role in the evolving landscape of IoT connectivity.

W’s notable 13.99% rise stems from its innovative cross-chain compatibility, simplifying token movement.

In a sea of market fluctuations, these 5 cryptocurrencies emerged as the champions of the day, showcasing remarkable resilience and growth. Let’s delve into the intricacies of their surge and what sets them apart in today’s crypto realm:

1. ORN: Defying Gravity with a 28.83% Surge

ORN prices soared by an impressive 28.83% within a span of 24 hours. With a market capitalization of approximately $59,375,448 and a trading volume reaching $32,505,053, ORN displayed a remarkable increase of 338.45% in the last day. Orion, known for its suite of decentralized finance (DeFi) trading products, provides users with unparalleled access to both centralized and decentralized exchange liquidity.

2. HNT: Riding the IoT Wave with a 16.90% Leap

HNT experienced a notable surge of 16.90% in just 24 hours. The market cap of Helium surged by 14.62% to $653,441,511, accompanied by a trading volume of $25,402,149, marking a significant 36.10% increase within the same timeframe. Helium (HNT) operates as a decentralized blockchain-powered network designed for Internet of Things (IoT) devices, fostering communication between low-powered wireless devices across a network of nodes.

3. W: Bridging Chains with a 13.99% Upsurge

W witnessed a substantial increase of 13.99% within a single day. Wormhole’s market cap soared by 13.91% to approximately $1,102,018,442, with a trading volume of $285,965,409 over 24 hours. This surge followed Wormhole‘s announcement of W token availability across major blockchains like Solana, Ethereum, Arbitrum, Optimism, and Base. This strategic move is anticipated to streamline the transfer of W tokens across chains, eliminating the complexities associated with liquidity pools.

4. FRONT: Empowering DeFi with a 10.84% Rally

FRONT demonstrated a commendable growth rate of 10.84% within 24 hours. Frontier’s market capitalization reached around $80,180,405, with a trading volume of $25,005,087, marking a significant correction of 146.44% during the same period. As a chain-agnostic decentralized finance (DeFi) aggregator, Frontier endeavors to integrate DeFi functionalities across various blockchains, including BandChain (BAND), Ethereum (ETH), Binance Smart Chain (BSC), and

5. OM: Navigating Innovation with a 9.80% Climb

OM showcased a promising surge of 9.80% within a day. With a market cap of approximately $559,155,976 and a trading volume of $35,496,379 in the last 24 hours, MANTRA’s initiative to drive innovation in Real World Asset (RWA) tokenization is gaining traction. Backed by $11 million in funding led by Shorooq Partners, MANTRA’s incubation program aims to foster technological advancement in the MENA region, reflecting a commitment to driving innovation and growth.

In the ever-evolving landscape of cryptocurrencies, ORN, HNT, W, FRONT, and OM are positioned for a promising future. Their recent surges reflect growing investor interest and confidence in their underlying technologies and initiatives. As these projects continue to innovate and expand their reach, they are poised to play pivotal roles in shaping the future of the crypto industry.

Read Also

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What’s Behind Today’s Major Crypto Market Drop?

“Crypto Crash Alert!: Unraveling the Dramatic Dip in Today’s Market”

The post Witness the Explosive Surge as the Top 5 Cryptos Skyrocketing Today Dominate the Market appeared first on Crypto News Land.

BEFE just rose to prominence in the crypto meme coin market, but this rise is likely to displace all other meme coins in the market. This is because of the approach it took to dominating the market and making all things happen. A keynote of this approach is how it uses the community of fans and enthusiasts to promote the coin. This is an approach that is also helping it create speculative hype all over the internet, and seeing new investors join the BEFE meme coin.

The meteoric rise has been a factor of diligent work by the coin’s development team and the fans who are finding it interesting and engaging to use it. The BEFE coin community is currently boasting a sizable increase that no other meme coin can even think of in the next 2 years. With this growing community that is currently better than others and looking likely to be even more than it is in the future, what could this mean to you? This is your chance to become a crypto millionaire. 

If you think about how meme coins have made some people lose a fortune in the past, you’ll understand that investing in meme coins could be very tricky and scary if you are not investing in the right coin. BEFE coin is the right choice to take right now. But before we finalize on that statement, let’s look at one of the things causing the current meteoric rise of BEFE.

Breaking Investment Boundaries With More Exchange for Trading

Many new meme coin projects rely entirely on the native exchange of the meme coin to engage investors and adopters. This approach often leads to a lot of issues for the coin because, with the growing interest in the coin, the exchange begins to have scalability problems. BEFE is currently tackling the issue head-on by adopting more exchanges from the beginning where investors can trade the BEFE coin.

With this method, we are seeing more investors joining the BEFE coin because it becomes easier to trade the BEFE coin without scalability stress. Interestingly, the BEFE coin is also connected to the BRISE coin which currently has a reputation as the cheapest and fastest crypto network. With this connection to BRISE, the BEFE coin can be traded faster and at a lower gas fee which makes investment easier and smarter.

This means that now will be a really good time to invest in the BEFE coin to enjoy the popularity and growing opportunities the BEFE coin is offering.

Check the BEFE website for more details.

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.

The post Riding the Wave: BEFE Coin’s Meteoric Rise to Meme Coin Prominence appeared first on Crypto News Land.

The cryptocurrency market is preparing for a bull run that is expected to begin in a few months. It is critical that profitable projects are discovered on time in order to receive jaw-dropping returns when the market explodes.

Bitgert coin is one of the sensations in the digital currency environment which has certainly stood out of everybody. The development by Bitgert shows it is promising and ought to be firmly observed as an enormous upsurge is doable. It is currently experiencing a continuous rise led by its offerings

In the course of this article, we will examine Bitgert, the impressive rise experienced and the possible triggers to it.

Constant Rise Of Bitgert Sponsored By Superior Scalability 

Bitgert’s outstanding scalability continues to entice investors. The issue of versatility has tormented the cryptographic money area for quite a while as many chains don’t have the ability to match expanded utilization of the blockchain.

Bitgert, on the other hand, stands out thanks to its extremely scalable capacity, which enables it to process thousands of transactions in a matter of seconds. This has given financial backers more trust in the venture as it’s obviously true that with greater versatility comes greater practicality on a drawn out reason for any task.

By guaranteeing consistent exchanges through its adaptable nature, Bitgert has worked with more reception in this manner expanding interest for the coin and its administrations across the blockchain area.

Simplicity Of Openness, Encouraging A Meteoric Rise

No investor would want anything other than to be locked in with any chain that doesn’t allow a consistent cycle. The simplicity of openness is exceptionally pivotal to the flood of financial backers’ advantage in the crypto business.

For this situation, Bitgert has done stunningly well by collaborating with numerous crypto projects including, Cointelegraph, BEFE and other large players, subsequently making mindfulness, giving the undertaking more reach and partaking in the harmonious advantages of good organizations, encouraging an uptrend.

Bitgert similarity with Ethereum Virtual Machine has made financial backers of Ethereum extravagant as it gives more effectiveness and adaptability contrasted with Ethereum while permitting brilliant agreements to be completed effortlessly.

Bitgert has additionally dispensed with boundaries that could block openness by giving zero gas expense to financial backers, making Bitgert the main cryptocurrency venture to accomplish this accomplishment. Thus, financial backers can complete exchanges without the stress of any obstacle connected with gas expense issues.

Bitgert has been successful in attracting interest from every sector of the blockchain industry by ensuring that the necessary utilities are in place leading to the rise in value

Wrapping Up

Considering Bitgert’s proceeded with progress and the expanded revenue of innumerable financial backers, appropriate investigation is urgent to more choice wood and ought not be squinted . Make use of this website to learn more about Bitgert.

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of CryptoNewsLand, nor is it intended to be used for legal, tax, investment, or financial advice.

The post Riding the Wave: Bitgert Coin’s Meteoric Rise to Trending Prominence appeared first on Crypto News Land.

Bitcoin’s volatility is predicted to decrease by 50%, influenced by institutional investments.

Bitcoin’s role in portfolios expected to grow, with predictions of allocations increasing to 5%.

Central banks might adopt Bitcoin as a hedge against geopolitical risks by 2028.

As Bitcoin approaches its 2028 halving, the crypto community is buzzing with predictions about its future impact on the market. Matt Hougan, Chief Investment Officer at Bitwise, has outlined several key trends that suggest a transformative period for Bitcoin.

According to Hougan, the introduction of institutional investors through Exchange-Traded Funds (ETFs) is expected to significantly reduce Bitcoin’s notorious volatility by as much as 50%. This influx of stable, strategic investments is predicted to stabilize the price fluctuations that have characterized Bitcoin’s market performance.

Moreover, the role of Bitcoin in investment portfolios is anticipated to expand considerably. With allocations possibly reaching or exceeding 5%, Bitcoin is poised to become a more integral part of diversified investment strategies, particularly within target-date portfolios.

Perhaps most intriguing is the potential interest from central banks. Attracted by Bitcoin’s qualities as a non-debt asset, central banks may begin to view Bitcoin as a viable hedge against geopolitical tensions and financial instabilities. This shift could redefine Bitcoin’s role in global finance, moving it closer to mainstream acceptance and potentially driving its price to unprecedented heights.

Hougan’s bullish outlook is echoed by industry experts like Pav Hundal and Henrik Andersson, who predict significant price increases for Bitcoin in the coming years. If these predictions hold true, Bitcoin could see its value soar to $250,000 by 2028, bolstered by growing mainstream acceptance and robust institutional support.

In conclusion, the future of Bitcoin post-2028 halving looks promising. With potential stabilization, increased portfolio allocations, and new roles within global finance, Bitcoin is on track to not only maintain but greatly enhance its standing in the cryptocurrency industry.

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MetaMask Launches Portfolio DApp For Tracking User’s Assets

CZ’s Take on Bitcoin’s Post-Halving Trajectory: An Insight from 3 Halvings

This Bitcoin Halving Event Will Be Different From the Rest, Here’s Why

The post 2028 Bitcoin Halving Insights: Predictions for a $250K Surge – Should you Buy or Sell?  appeared first on Crypto News Land.

PEPE experienced a significant 50% increase this week, now trading at $0.0000074.

Listing on Coinbase International and Advanced sparked interest and trading in PEPE futures.

Analyst Captain Faibik predicts PEPE’s price may soon surpass its previous all-time high.

Ethereum-based meme coin PEPE has captured significant attention with its recent market performance. Over the past week, PEPE has surged by over 50%, signaling a robust bullish trend. This remarkable growth sees the coin trading at approximately $0.0000074, with market analysts and enthusiasts closely watching its trajectory.

The recent introduction of PEPE perpetual futures on platforms like Coinbase International Exchange and Coinbase Advanced has played a pivotal role in this uptrend. This listing has not only increased PEPE’s visibility but also enhanced its liquidity, attracting both retail and institutional investors to the coin.

Crypto analyst has weighed in on the matter, offering a promising outlook for PEPE. According to the analyst, the coin’s technical indicators, particularly its breakout from a bullish flag pattern after a six-week correction, suggest that PEPE is on the verge of achieving a new all-time high against the US dollar. This potential is bolstered by the coin’s ability to maintain support levels, a crucial factor for sustaining its upward momentum.

Looking forward, the future of PEPE in the cryptocurrency industry appears bright. As the digital currency landscape continues to evolve, PEPE’s engaging meme coin identity combined with strong market fundamentals positions it as a compelling choice for crypto investors. 

With its current trajectory, PEPE is not only expected to reach new heights but also to establish a more pronounced presence in the crypto market, offering exciting opportunities for growth and investment.

Read also:

Why Everyone’s Talking About PEPE’s 32.16% Daily Spike

When Will PEPE Break the $0.00005552 Threshold?

PEPE’s Impressive Week: Surging Nearly 100% Amidst Broader Market Rally

What’s Next for PEPE Coin After Recent Bullish Turn?

Pepe Coin’s 15% Surge: Quest to Reclaim All-Time High?

The post PEPE’s Bullish Surge: Set to Achieve New All-Time Highs Soon – Are you Buying or Selling? appeared first on Crypto News Land.

XRP whales recently moved 150 million coins, triggering a price drop below $0.53.

Speculation sparks regarding Ripple’s motive, with some attributing it to liquidity management.

Despite the plunge, analysts anticipate potential recovery, with bullish predictions hovering around $0.8.

The recent seismic shift in the cryptocurrency market has once again cast XRP into the limelight. Whales, the large holders of the digital asset, orchestrated a staggering move by transferring a mammoth 150 million coins, causing ripples across the market as XRP’s price plunged below the critical $0.53 mark. This move, flagged by Whale Alert, a platform tracking on-chain transactions, has triggered a frenzy of speculation and analysis within the crypto community.

28,270,000 #XRP (15,139,951 USD) transferred from unknown wallet to #Bitstamphttps://t.co/UfoAsV7PCd

— Whale Alert (@whale_alert) April 24, 2024

Among the notable transactions, Ripple, the company behind XRP, executed a substantial transfer of 100 million XRP, valued at over $52.81 million, to an undisclosed wallet. Simultaneously, another wallet moved 28.27 million XRP, approximately $15.13 million, to the Bitstamp exchange, with an additional 21.92 million XRP, worth $11.74 million, finding its way to the Bitso exchange. These maneuvers have sparked debate over Ripple’s intentions, with theories ranging from strategic sales to liquidity management strategies.

The timing of these transactions coincides with XRP’s price slipping below $0.53, prompting mixed reactions from analysts. While some view this as a temporary setback, others interpret it within the context of a broader bullish trend.

#XRP Imitating 2021 – Move: Blue Section: The current trajectory suggests a possible reach of $1.4 by June-July, a key target. The price range between ($1.2 – $1.8) is a plausible target. Yellow Section: Aiming for $4 is feasible if we follow a similar path to 2021.… pic.twitter.com/BMUJSbb5GQ

— EGRAG CRYPTO (@egragcrypto) April 25, 2024

EGRAG Crypto, a prominent market analyst, previously identified the $0.53 level as pivotal within an ascending channel, signaling bullish momentum. However, maintaining this level poses a challenge for bullish traders aiming for sustained upward movement.

Conversely, report suggests that breaching the $0.55 threshold could propel XRP towards $0.8, with speculations of a potential surge to $1 gaining traction. Despite recent market volatility and XRP’s decline, there remains optimism for a resurgence, supported by an overall positive trajectory over the past week.

At the time of reporting, XRP was trading at $0.525, reflecting a 4.81% decrease over the last 24 hours. Despite this downturn, the cryptocurrency has exhibited resilience, registering a notable 7% increase over the past week. This resilience is particularly noteworthy given the broader market sell-off and the ongoing legal challenges faced by Ripple in response to SEC allegations.

In conclusion, while XRP’s recent price movements may have sparked short-term uncertainty, the underlying bullish sentiment and potential for recovery remain intact. With ongoing developments and market dynamics, XRP continues to assert its relevance and resilience within the cryptocurrency industry.

Read Also

XRP’s Surging Value Spurs Massive Anonymous Whale Transfer

Ripple’s 60M XRP Transfer Sparks Speculation: What’s Behind the Move?

Whale Alert: Massive XRP Transfers Spark Speculation

XRP’s Half-Billion Token Transfer: Ripple’s Strategic Move Unveiled

Mega Move Alert! Mystery Whale Shifts 425M XRP: What’s Next?

The post How XRP Whales’ $150 Million Move Sparks Price Dip Below $0.53 appeared first on Crypto News Land.

Shibarium hardfork set for May 2, enhancing usability and performance.

Upgrades target improved transaction fee predictability and block processing.

Hardfork aims to boost the transparency of the SHIB burn system and enhance security.

Shiba Inu, the popular cryptocurrency, has announced plans to introduce a hardfork to its Layer-2 solution, Shibarium, slated for activation on May 2nd. This development aims to enhance the protocol by introducing advanced functionalities that boost platform usability and performance.

The upgrade promises to streamline several core processes including block processing speeds and transaction fee predictability. Such improvements are crucial for maintaining user engagement and addressing concerns about fee variations during periods of high network demand. Consequently, the forthcoming changes are expected to make Shibarium more accessible and affordable for its users.

2/ Consider a hard fork as a necessary update to unlock next-level capabilities in our network. This isn't just a technical shift; it's about delivering new value and simplifying engagement with Shibarium.

— Shib (@Shibtoken) April 25, 2024

Enhancing Security and Operational Efficiency

The SHIB team is integrating unique practices into Shibarium to uphold its position as a leader in crypto space. These practices are set to enhance the transparency of the SHIB burn system, a critical factor for the long-term sustainability of the token’s value.

Moreover, the security upgrades included in the hardfork will provide a more secure and robust network, thereby fostering trust and confidence among its users. This focus on security and efficiency supports Shibarium’s aim to continue evolving as a reliable and pioneering blockchain technology.

As news of the Shibarium hardfork spread, the SHIB community has shown positive sentiment, reflected in a 2% increase in SHIB’s price in the last 24 hours. The enhancements from this hardfork are poised to position Shibarium as a more efficient, secure, and user-centric platform, reinforcing its role in the broader blockchain ecosystem.

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Shibarium Goes Live, Shiba Inu and SHIB Army Await New ATH

Trapped Shibarium Funds Are Safe, SHIB Team Working Overdrive

Shibarium: Shiba Inu’s Innovation Redefining Business with 9 Key Features!

The post Shiba Inu Announces Shibarium Hardfork, Set for May 2 Activation appeared first on Crypto News Land.

Stripe resumes crypto payments, starting with USDC stablecoin.

Major milestone for Stripe and crypto community; bullish sign for market.

Integration reflects growing acceptance of digital assets in global commerce.

In a groundbreaking development, Stripe has announced its decision to accept cryptocurrency payments once again, beginning with the USDC stablecoin. This move marks a significant milestone for both Stripe and the crypto community, signaling renewed interest in digital assets within the mainstream payments sector.

BREAKING STRIPE WILL NOW ACCEPT CRYPTO PAYMENTS, STARTING WITH $USDC.2.84 MILLION LIVE WEBSITES USE STRIPE. 100+ COMPANIES PROCESSOVER $1 BILLION EACH WITH STRIPE.THIS IS MASSIVE pic.twitter.com/aGqyYZN8R0

— Ash Crypto (@Ashcryptoreal) April 25, 2024

Stripe, a leading payments platform, boasts an impressive track record of processing hundreds of billions of dollars annually for businesses of all sizes. With over 2.84 million live websites currently utilizing Stripe’s services, and more than 100 companies processing over $1 billion each through the platform, the integration of crypto payments is poised to have a substantial impact on the market.

After a six-year hiatus from crypto payments, Stripe’s decision to embrace cryptocurrencies reflects the growing acceptance and adoption of digital assets in global commerce. The announcement comes at a pivotal moment, coinciding with Stripe’s achievement of surpassing $1 trillion in total payment volume in 2023, representing a significant uptick from the previous year.

Big News for Solana & Ethereum!After a 6-year hiatus, @Stripe is taking crypto payments again, starting with USDC stablecoin.Stripe is a payments platform that processes hundreds of billions of dollars each year for businesses of all sizes.Currently, Stripe has more than… pic.twitter.com/o9t6h9oiZc

— Altcoin Daily (@AltcoinDailyio) April 25, 2024

The news has sparked enthusiasm within the crypto community, particularly for projects such as Solana and Ethereum, which stand to benefit from Stripe’s renewed involvement in the crypto space. With the completion of the recent Bitcoin Halving event and anticipation building for a potential golden bull run, Stripe’s reentry into crypto payments via USDC is viewed as a highly bullish sign for the industry.

As crypto enthusiasts eagerly await further details regarding Stripe’s crypto payment integration, the move underscores the increasing convergence between traditional finance and the burgeoning crypto ecosystem. With Stripe leading the charge, the future of digital payments appears more interconnected and dynamic than ever before.

Read Also

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Volatility Resumes as Whale Enters a Long Position

The post Stripe Resumes Crypto Payments, Starting with USDC, Fueling Bullish Signs for Golden Bull Run appeared first on Crypto News Land.

Graphlinq leverages AI to enhance the crypto landscape, offering significant investment potential.

Polygon addresses crucial L1 and L2 challenges, currently undervalued with great growth prospects.

Stacks, enhancing Bitcoin’s functionality, stands out for its upcoming Nakamoto upgrade and strong market position.

In the burgeoning world of cryptocurrency, certain altcoins stand out not just for their current value but for their explosive growth potential. Analysts from Altcoin Buzz have pinpointed three such projects—Graphlinq, Polygon, and Stacks—that are primed for significant gains, potentially up to 100x.

Graphlinq emerges at the forefront, integrating artificial intelligence with blockchain to streamline the creation of decentralized applications. With a unique no-code platform that simplifies AI app development, coupled with deflationary tokenomics, Graphlinq is poised for growth, especially as it carves out a niche in the AI-driven crypto landscape.

Polygon continues to innovate within the blockchain infrastructure by enhancing liquidity and interoperability across chains. Despite recent underperformance, largely due to broader market trends, Polygon remains a robust investment, particularly given its low price points and solid technological foundation.

Stacks enhances Bitcoin’s functionality by providing layer two solutions that promise faster transactions and greater scalability. The anticipation around its upcoming Nakamoto upgrade, which introduces parallel processing capabilities, adds to its allure as a must-watch coin in the Bitcoin ecosystem.

Looking to the future, the role of altcoins like Graphlinq, Polygon, and Stacks in the crypto industry is increasingly optimistic. As these platforms continue to develop and refine their technology, they not only promise substantial returns for early investors but also contribute to the broader adoption and functionality of cryptocurrencies. 

With their innovative approaches and strong market fundamentals, these altcoins are well-equipped to lead the next wave of crypto innovations.

Read also:

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Cathie Wood Predicts “Explosive Growth” in Bitcoin and AI Convergence

Gelato’s Rollup Platform Expands Support to Optimism’s OP Stack, Launching Lisk Layer 2 Chain

The post Get Ready for the Altcoin Boom: Three Coins with Explosive Growth Potential – Primed for a 100x Surge appeared first on Crypto News Land.