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Cryptos That Could Pay for Your Next Summer Getaway
As the bull run of 2024 takes shape, a handful of cryptocurrencies are catching attention for their potential to fund lavish spending in the near future, including that dream summer getaway. While investments are soaring, some specific coins show more promise than others. This article looks at which ones could turn travels from fantasy to reality, as crypto enthusiasts search for the next investment that could cover their vacation expenses.
BlastUP Token Projected to Soar 1000% By Year’s End
BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users.
The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year.
>> Buy BlastUP Tokens Now for Maximum Returns! <<
BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
>> Join BlastUP Now or This Rocket Will Take Off Without You! <<
Solana Price Moves and Current State
The current price range for Solana (SOL) is between $131.62 and $161.13. In the last week, SOL’s price changed by 1.15%, and over the past month, it went down by 24.54%. However, looking back six months, the coin has jumped a huge 354.32%. Currently, Solana’s price seems to be in a corrective phase as it is below the 10-day and 100-day average prices.
Looking ahead, SOL’s nearest resistance is at $173.40, and it might hit $202.92 if the momentum keeps up. The closest support lies at $114.36, with a further drop possibly finding a floor at $84.84. Taking into account the mixed signals from the RSI and MACD, and assuming the coin follows market trends, SOL could see fluctuations but possibly some recovery, as the long-term growth remains strong. Remember that predictions cannot guarantee future prices, and staying informed on market trends is vital.
Aptos Crypto Price Movement and Trends
Aptos (APT) has seen a dip, falling almost 6% in the past week. Over the month, the loss is much steeper at over 50%. Despite this, the last six months have shown a growth of over 30%. The current price swings between $8.96 and $10.66. Indicators suggest that movements are neither strongly impulsive nor corrective, but RSI and Stochastic imply a slight lean toward selling pressure.
Looking ahead for APT, cautious optimism is advised. Although recent declines might worry investors, the six-month positive trend can’t be ignored. The price is now below the 100-day average, hinting weakness. However, with the relative stability between the nearest support at $7.93 and resistance at $11.33, there’s potential for recovery. While immediate returns may be uncertain, APT’s price might find a boost if broader market conditions improve.
Celestia Crypto Price Glimpse: Patterns and Predictions
Celestia (TIA) has seen a variety of movements in its price. In the last week, the price rose by 3.29%. However, over the past month, it decreased by 24.18%. In a broader sense, the last six months have been strong, with a 207.38% increase. Currently, the token trades between $9.67 and $12.90, with movements suggesting a more corrective phase as the price stabilizes within this range.
Predicting TIA’s price requires a careful look at both its past trajectory and current market factors. With the token now near the lower end of its recent range, there could be an upswing if it breaks past $14.29, its nearest resistance. However, the price could also test the support level near $7.82. The balance of selling and buying pressure, as indicated by technical indicators like the RSI and MACD, points towards a cautious market sentiment. Long-term growth could continue but might face regular tests of support and resistance levels.
Conclusion
In conclusion, coins like SOL, APT, and TIA may offer less potential in the short term. However, BlastUP stands out with the highest potential for growth. Its strong concept and integration into the Blast ecosystem position it favorably for significant gains. Investing in BlastUP could potentially cover vacation expenses by next summer, given the current bull run.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
The post Cryptos That Could Pay for Your Next Summer Getaway appeared first on Crypto News Land.
BlastUP Token Projected to Soar 1000% By Year’s End
BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users.
The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year.
>> Buy BlastUP Tokens Now for Maximum Returns! <<
BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
>> Join BlastUP Now or This Rocket Will Take Off Without You! <<
Solana Price Moves and Current State
The current price range for Solana (SOL) is between $131.62 and $161.13. In the last week, SOL’s price changed by 1.15%, and over the past month, it went down by 24.54%. However, looking back six months, the coin has jumped a huge 354.32%. Currently, Solana’s price seems to be in a corrective phase as it is below the 10-day and 100-day average prices.
Looking ahead, SOL’s nearest resistance is at $173.40, and it might hit $202.92 if the momentum keeps up. The closest support lies at $114.36, with a further drop possibly finding a floor at $84.84. Taking into account the mixed signals from the RSI and MACD, and assuming the coin follows market trends, SOL could see fluctuations but possibly some recovery, as the long-term growth remains strong. Remember that predictions cannot guarantee future prices, and staying informed on market trends is vital.
Aptos Crypto Price Movement and Trends
Aptos (APT) has seen a dip, falling almost 6% in the past week. Over the month, the loss is much steeper at over 50%. Despite this, the last six months have shown a growth of over 30%. The current price swings between $8.96 and $10.66. Indicators suggest that movements are neither strongly impulsive nor corrective, but RSI and Stochastic imply a slight lean toward selling pressure.
Looking ahead for APT, cautious optimism is advised. Although recent declines might worry investors, the six-month positive trend can’t be ignored. The price is now below the 100-day average, hinting weakness. However, with the relative stability between the nearest support at $7.93 and resistance at $11.33, there’s potential for recovery. While immediate returns may be uncertain, APT’s price might find a boost if broader market conditions improve.
Celestia Crypto Price Glimpse: Patterns and Predictions
Celestia (TIA) has seen a variety of movements in its price. In the last week, the price rose by 3.29%. However, over the past month, it decreased by 24.18%. In a broader sense, the last six months have been strong, with a 207.38% increase. Currently, the token trades between $9.67 and $12.90, with movements suggesting a more corrective phase as the price stabilizes within this range.
Predicting TIA’s price requires a careful look at both its past trajectory and current market factors. With the token now near the lower end of its recent range, there could be an upswing if it breaks past $14.29, its nearest resistance. However, the price could also test the support level near $7.82. The balance of selling and buying pressure, as indicated by technical indicators like the RSI and MACD, points towards a cautious market sentiment. Long-term growth could continue but might face regular tests of support and resistance levels.
Conclusion
In conclusion, coins like SOL, APT, and TIA may offer less potential in the short term. However, BlastUP stands out with the highest potential for growth. Its strong concept and integration into the Blast ecosystem position it favorably for significant gains. Investing in BlastUP could potentially cover vacation expenses by next summer, given the current bull run.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
The post Cryptos That Could Pay for Your Next Summer Getaway appeared first on Crypto News Land.
Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal
Dogecoin has seen an 11.17% decline in five days due to Bitcoin’s correction.
Dogecoin has maintained a sideways trend for almost two months with a symmetrical triangle pattern.
Bitcoin’s interest rises while altcoins, like Dogecoin, plateau amid market uncertainty.
The current trajectory of Dogecoin (DOGE) reflects a significant downturn amid Bitcoin’s post-halving correction. Over five consecutive days, Dogecoin witnessed a notable decline, plunging from a peak of $0.164 to $0.146, marking an 11.17% loss.
Despite this downturn, market indicators suggest a potential reversal, with the asset’s price currently testing crucial monthly support within the symmetrical triangle pattern. Dogecoin has maintained a sideways trading pattern, evident in the convergence of two trendlines on the daily chart, indicative of the symmetrical triangle formation. These trendlines serve as dynamic points of resistance and support, underscoring the prevailing consolidation phase in the DOGE price.
At its current price of $0.145, Dogecoin has exhibited resilience at the lower trendline of the triangle pattern, as evidenced by a notable rejection characterized by a long-tail formation. Such instances have historically served as pivotal moments for bullish reversals, attracting significant interest from potential buyers.
Market data analysis reveals a divergence in wallet activity between Bitcoin and altcoins like Dogecoin.
The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop. https://t.co/itg9qMes7c pic.twitter.com/yrOlEQw3jy
— Santiment (@santimentfeed) April 27, 2024
While the number of active non-empty Bitcoin wallets continues to rise, indicating sustained interest in the flagship cryptocurrency despite its inherent volatility, altcoin wallets, particularly those associated with Dogecoin, have experienced a plateau in activity following earlier spikes in the year.
For the meme coin to establish a definitive trend, a breakout from either of the triangle’s boundaries is essential, with a potential upward breakout poised to accelerate buying momentum and propel the asset toward $0.2.
Read also:
Polygon Primed for a Major Rally After Triangle Breakout
XRP’s Next Move: Analysts Eye Major Breakout Amidst Consolidation
Cardano: Impending Breakout Signals High Stakes for Investors!
XRP: Analyst Predicts Massive Surge to $8, Marking 1,300% Jump!
Polygon Makes Bullish Triangle, Gets 20% Surge in 7 Days
The post Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal appeared first on Crypto News Land.
Dogecoin has maintained a sideways trend for almost two months with a symmetrical triangle pattern.
Bitcoin’s interest rises while altcoins, like Dogecoin, plateau amid market uncertainty.
The current trajectory of Dogecoin (DOGE) reflects a significant downturn amid Bitcoin’s post-halving correction. Over five consecutive days, Dogecoin witnessed a notable decline, plunging from a peak of $0.164 to $0.146, marking an 11.17% loss.
Despite this downturn, market indicators suggest a potential reversal, with the asset’s price currently testing crucial monthly support within the symmetrical triangle pattern. Dogecoin has maintained a sideways trading pattern, evident in the convergence of two trendlines on the daily chart, indicative of the symmetrical triangle formation. These trendlines serve as dynamic points of resistance and support, underscoring the prevailing consolidation phase in the DOGE price.
At its current price of $0.145, Dogecoin has exhibited resilience at the lower trendline of the triangle pattern, as evidenced by a notable rejection characterized by a long-tail formation. Such instances have historically served as pivotal moments for bullish reversals, attracting significant interest from potential buyers.
Market data analysis reveals a divergence in wallet activity between Bitcoin and altcoins like Dogecoin.
The total amount of non-empty #Bitcoin wallets are rapidly growing despite choppy prices. #Altcoin wallets for assets like #Dogecoin have flattened after enormous rises earlier this year. #Cardano is one of the few networks to see active wallets drop. https://t.co/itg9qMes7c pic.twitter.com/yrOlEQw3jy
— Santiment (@santimentfeed) April 27, 2024
While the number of active non-empty Bitcoin wallets continues to rise, indicating sustained interest in the flagship cryptocurrency despite its inherent volatility, altcoin wallets, particularly those associated with Dogecoin, have experienced a plateau in activity following earlier spikes in the year.
For the meme coin to establish a definitive trend, a breakout from either of the triangle’s boundaries is essential, with a potential upward breakout poised to accelerate buying momentum and propel the asset toward $0.2.
Read also:
Polygon Primed for a Major Rally After Triangle Breakout
XRP’s Next Move: Analysts Eye Major Breakout Amidst Consolidation
Cardano: Impending Breakout Signals High Stakes for Investors!
XRP: Analyst Predicts Massive Surge to $8, Marking 1,300% Jump!
Polygon Makes Bullish Triangle, Gets 20% Surge in 7 Days
The post Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal appeared first on Crypto News Land.
Ethereum Eyes $3,400: Breakthrough Could Propel Towards $3,500+
ETH is approaching a crucial resistance level at $3,400, with potential implications for a move towards $3,500.
The emergence of a “higher low” pattern suggests a possible shift away from bearish sentiment in Ethereum’s market.
CoinCodex’s Ethereum price prediction anticipates a 2.66% rise to $3,235.84 by May 27, 2024.
Ethereum (ETH) investors are eyeing a significant milestone on the horizon as the cryptocurrency approaches a crucial resistance level. Analysts are closely monitoring ETH’s movements as it inches closer to the $3,400 mark, a key barrier that, if breached, could signal a clear path toward $3,500.
This impending challenge comes amidst a backdrop of promising developments in Ethereum’s market dynamics. Observers have noted a pattern known as the “higher low” on the price chart, indicating a potential shift away from bearish sentiment. This pattern suggests that despite periodic dips, Ethereum’s price is managing to stay above previous lows, hinting at underlying strength in its market trend.
Beyond the immediate resistance levels, Ethereum’s trajectory is also being shaped by broader market sentiment and technical indicators. CoinCodex’s current Ethereum price prediction suggests a modest yet optimistic 2.66% rise in ETH’s value, with a projected price of $3,235.84 by May 27, 2024. The Fear & Greed Index, standing at 67, reflects a prevailing sentiment of greed among investors, further fueling optimism for Ethereum’s prospects.
As Ethereum navigates these critical junctures, the formation of a strong trendline supported by increasing trading volumes could serve as a catalyst for continued upward movement. However, the sustainability of this bullish phase hinges on maintaining positive sentiment in the market and consistent trading activity in the days ahead.
Read also:
$3.5B Institutional Investment Propels VeChain Development, WIll VET Price Spike?
Analysts Eye Potential Drop, but Bullish Factors Could Propel Bitcoin to $28K
What Factors Could Propel XRP to Its Coveted $1 Mark?
Presidential Hopeful’s Pro-Bitcoin Position Sets BTC on Course for 100x Explosion
Cardano’s Latest Updates Propel ADA to New Heights!
The post Ethereum Eyes $3,400: Breakthrough Could Propel Towards $3,500+ appeared first on Crypto News Land.
The emergence of a “higher low” pattern suggests a possible shift away from bearish sentiment in Ethereum’s market.
CoinCodex’s Ethereum price prediction anticipates a 2.66% rise to $3,235.84 by May 27, 2024.
Ethereum (ETH) investors are eyeing a significant milestone on the horizon as the cryptocurrency approaches a crucial resistance level. Analysts are closely monitoring ETH’s movements as it inches closer to the $3,400 mark, a key barrier that, if breached, could signal a clear path toward $3,500.
This impending challenge comes amidst a backdrop of promising developments in Ethereum’s market dynamics. Observers have noted a pattern known as the “higher low” on the price chart, indicating a potential shift away from bearish sentiment. This pattern suggests that despite periodic dips, Ethereum’s price is managing to stay above previous lows, hinting at underlying strength in its market trend.
Beyond the immediate resistance levels, Ethereum’s trajectory is also being shaped by broader market sentiment and technical indicators. CoinCodex’s current Ethereum price prediction suggests a modest yet optimistic 2.66% rise in ETH’s value, with a projected price of $3,235.84 by May 27, 2024. The Fear & Greed Index, standing at 67, reflects a prevailing sentiment of greed among investors, further fueling optimism for Ethereum’s prospects.
As Ethereum navigates these critical junctures, the formation of a strong trendline supported by increasing trading volumes could serve as a catalyst for continued upward movement. However, the sustainability of this bullish phase hinges on maintaining positive sentiment in the market and consistent trading activity in the days ahead.
Read also:
$3.5B Institutional Investment Propels VeChain Development, WIll VET Price Spike?
Analysts Eye Potential Drop, but Bullish Factors Could Propel Bitcoin to $28K
What Factors Could Propel XRP to Its Coveted $1 Mark?
Presidential Hopeful’s Pro-Bitcoin Position Sets BTC on Course for 100x Explosion
Cardano’s Latest Updates Propel ADA to New Heights!
The post Ethereum Eyes $3,400: Breakthrough Could Propel Towards $3,500+ appeared first on Crypto News Land.
XRP Eyes $0.75: Will Surpassing $0.59 Resistance Spark Bullish Surge?
XRP faces a critical resistance barrier at $0.59, with potential implications for a rally to $0.75.
Decreasing trading volume suggests a possible stagnation in XRP’s market momentum.
The threat of a death cross formation adds to technical uncertainties surrounding XRP’s future price movements.
XRP finds itself at a pivotal juncture, where its trajectory hinges on the formidable resistance at $0.59. This crucial moment not only represents a potential breakthrough but also holds the promise of propelling XRP toward the coveted $0.75 threshold.
Yet, amidst diminishing trade volumes and technical intricacies, the path forward for XRP remains uncertain. A careful analysis of market charts reveals a concerning trend: a decline in trading activity, suggesting a potential slowdown in market momentum. Adding to the complexity is the looming possibility of a death cross, a technical pattern where the 100-day Exponential Moving Average (EMA) falls below the 200-day EMA, often signaling bearish sentiment.
Furthermore, the Relative Strength Index (RSI) currently sits below the 50 mark, indicating a leaning towards bearish sentiment among traders. While not definitive, this development underscores the need for caution in interpreting XRP’s market movements.
At the heart of this challenge lies the $0.51 support level, a historically resilient barrier that has provided stability to XRP during times of uncertainty. However, looming ahead is the formidable $0.59 resistance, a significant obstacle that has thwarted previous attempts at upward momentum.
Should XRP manage to overcome this barrier, it could open the door for a potential rally towards $0.75, a prospect that investors and enthusiasts eagerly anticipate. Conversely, failure to breach this resistance could expose XRP to downward pressure, with the $0.45 support level emerging as the next crucial battleground.
Read also:
XRP Eyes $1 Bullish Rally: Breaking Resistance Ahead?
Dogecoin’s Technical Signal Sparks Hope: Eyes Set on $0.088 Resistance
XRP Poised for Explosive Rally as Bulls Eye Crucial Resistance
XRP Breaks Major Resistance: Bullish Rally on the Horizon?
Cardano Eyes $0.56 Resistance Following Recent Bounce Back
The post XRP Eyes $0.75: Will Surpassing $0.59 Resistance Spark Bullish Surge? appeared first on Crypto News Land.
Decreasing trading volume suggests a possible stagnation in XRP’s market momentum.
The threat of a death cross formation adds to technical uncertainties surrounding XRP’s future price movements.
XRP finds itself at a pivotal juncture, where its trajectory hinges on the formidable resistance at $0.59. This crucial moment not only represents a potential breakthrough but also holds the promise of propelling XRP toward the coveted $0.75 threshold.
Yet, amidst diminishing trade volumes and technical intricacies, the path forward for XRP remains uncertain. A careful analysis of market charts reveals a concerning trend: a decline in trading activity, suggesting a potential slowdown in market momentum. Adding to the complexity is the looming possibility of a death cross, a technical pattern where the 100-day Exponential Moving Average (EMA) falls below the 200-day EMA, often signaling bearish sentiment.
Furthermore, the Relative Strength Index (RSI) currently sits below the 50 mark, indicating a leaning towards bearish sentiment among traders. While not definitive, this development underscores the need for caution in interpreting XRP’s market movements.
At the heart of this challenge lies the $0.51 support level, a historically resilient barrier that has provided stability to XRP during times of uncertainty. However, looming ahead is the formidable $0.59 resistance, a significant obstacle that has thwarted previous attempts at upward momentum.
Should XRP manage to overcome this barrier, it could open the door for a potential rally towards $0.75, a prospect that investors and enthusiasts eagerly anticipate. Conversely, failure to breach this resistance could expose XRP to downward pressure, with the $0.45 support level emerging as the next crucial battleground.
Read also:
XRP Eyes $1 Bullish Rally: Breaking Resistance Ahead?
Dogecoin’s Technical Signal Sparks Hope: Eyes Set on $0.088 Resistance
XRP Poised for Explosive Rally as Bulls Eye Crucial Resistance
XRP Breaks Major Resistance: Bullish Rally on the Horizon?
Cardano Eyes $0.56 Resistance Following Recent Bounce Back
The post XRP Eyes $0.75: Will Surpassing $0.59 Resistance Spark Bullish Surge? appeared first on Crypto News Land.
Robinhood Integrates Cross-Chain Swaps With Polygon Network
Robinhood Wallet integrates cross-chain swaps via Polygon, enhancing its global cryptocurrency trading services.
Polygon’s rise in NFT transactions and stablecoin activity signifies its growing influence in crypto.
Collaboration between Robinhood and Polygon reflects a trend towards greater blockchain interoperability and efficiency.
Robinhood Wallet has announced its latest update, incorporating cross-chain swap capabilities through the Polygon network. This development significantly enhances Robinhood’s multi-blockchain trading platform and improves its global service offerings to cryptocurrency traders.
The functionality was introduced following collaborations with the 0x Project and LI.FI. protocols. It enables users to perform swaps across various tokens supported by these infrastructures. This move is designed to streamline trading processes and increase efficiency for users within the Robinhood ecosystem.
Robinhood Wallet has enabled crosschain swaps on Polygon PoS for tokens supported by @0xProject and @lifiprotocol. enabling onchain access to over 23 million users on @RobinhoodApp pic.twitter.com/JbUGxUdiVT
— Polygon | Aggregated (@0xPolygon) April 26, 2024
Polygon’s Rising Influence in the Crypto Space
Polygon’s partnership with Robinhood underscores its growing influence in cryptocurrency, particularly in handling stablecoins and non-fungible tokens (NFTs). Over the past month, Polygon has emerged as the leading Ethereum Virtual Machine-compatible blockchain for NFT transactions. This is attributed to its enhanced transaction efficiency and lower cost than other blockchains.
Furthermore, recent data highlights Polygon’s surge in stablecoin activity, with 1.9 million on-chain stablecoin users recorded last month. This figure notably surpasses its main competitors, Ethereum and Arbitrum, each of which reported 1.4 million users.
These developments for Robinhood and Polygon indicate their adaptive strategies and commitment to fostering a more interconnected and efficient blockchain ecosystem. As the digital asset landscape continues to evolve, such innovations are pivotal in shaping the future of cryptocurrency trading and blockchain technology utilisation.
Read Also:
Robinhood Launches Mobile Payments App Robinhood Wallet
Robinhood To Sack 300 Employees Despite Job Listing
Robinhood’s Possible XRP Listing Sparks Hope Amidst Crypto Slump
The Third Largest Bitcoin Whale is Robinhood: What Does it Mean for the Market?
Rumored XRP Listing on Robinhood: What It Could Mean for Crypto Investors
The post Robinhood Integrates Cross-Chain Swaps with Polygon Network appeared first on Crypto News Land.
Polygon’s rise in NFT transactions and stablecoin activity signifies its growing influence in crypto.
Collaboration between Robinhood and Polygon reflects a trend towards greater blockchain interoperability and efficiency.
Robinhood Wallet has announced its latest update, incorporating cross-chain swap capabilities through the Polygon network. This development significantly enhances Robinhood’s multi-blockchain trading platform and improves its global service offerings to cryptocurrency traders.
The functionality was introduced following collaborations with the 0x Project and LI.FI. protocols. It enables users to perform swaps across various tokens supported by these infrastructures. This move is designed to streamline trading processes and increase efficiency for users within the Robinhood ecosystem.
Robinhood Wallet has enabled crosschain swaps on Polygon PoS for tokens supported by @0xProject and @lifiprotocol. enabling onchain access to over 23 million users on @RobinhoodApp pic.twitter.com/JbUGxUdiVT
— Polygon | Aggregated (@0xPolygon) April 26, 2024
Polygon’s Rising Influence in the Crypto Space
Polygon’s partnership with Robinhood underscores its growing influence in cryptocurrency, particularly in handling stablecoins and non-fungible tokens (NFTs). Over the past month, Polygon has emerged as the leading Ethereum Virtual Machine-compatible blockchain for NFT transactions. This is attributed to its enhanced transaction efficiency and lower cost than other blockchains.
Furthermore, recent data highlights Polygon’s surge in stablecoin activity, with 1.9 million on-chain stablecoin users recorded last month. This figure notably surpasses its main competitors, Ethereum and Arbitrum, each of which reported 1.4 million users.
These developments for Robinhood and Polygon indicate their adaptive strategies and commitment to fostering a more interconnected and efficient blockchain ecosystem. As the digital asset landscape continues to evolve, such innovations are pivotal in shaping the future of cryptocurrency trading and blockchain technology utilisation.
Read Also:
Robinhood Launches Mobile Payments App Robinhood Wallet
Robinhood To Sack 300 Employees Despite Job Listing
Robinhood’s Possible XRP Listing Sparks Hope Amidst Crypto Slump
The Third Largest Bitcoin Whale is Robinhood: What Does it Mean for the Market?
Rumored XRP Listing on Robinhood: What It Could Mean for Crypto Investors
The post Robinhood Integrates Cross-Chain Swaps with Polygon Network appeared first on Crypto News Land.
Arkham Intel Identifies Wallets for WisdomTree’s Bitcoin ETP
WisdomTree’s Physical Bitcoin ETP, WBIT, holds 8,900 BTC across 134 wallets and is valued at approximately $579 million.
WBIT offers direct exposure to Bitcoin, backed by physically held assets, enhancing transparency and investor accessibility.
Arkham Intel’s findings underline the increasing complexity and popularity of cryptocurrency investment products.
Arkham Intel has identified a series of wallets associated with WisdomTree’s Physical Bitcoin ETP, known as WBIT. According to their findings on the social media platform X, WBIT holds a substantial 8,900 BTC. These assets, spread across 134 wallets, are valued at approximately $579 million.
Wisdomtree’s $579M BTC ETP is now on ArkhamWisdomtree’s Physical Bitcoin ETP WBIT stores 8.9K BTC ($579.35M) across 134 separate addresses – now tagged on Arkham.Track Bitcoin in WBIT at the link below:https://t.co/SAL1RDpNHx pic.twitter.com/ARVzDXLm9x
— Arkham (@ArkhamIntel) April 26, 2024
Investment Structure and Market Impact
The design of WisdomTree Physical Bitcoin involves a physically backed exchange-traded product (ETP) aimed at providing investors with straightforward, secure, and cost-efficient access to Bitcoin. Unlike a spot Bitcoin ETF, which might use derivatives to mimic Bitcoin’s price movements, WBIT entitles its shareholders to a direct stake in the Bitcoin it holds. This approach ensures that the product is fully backed by actual Bitcoin, and securely stored in cold storage.
Moreover, this structure emphasizes transparency and easy accessibility for investors, aligning with market demands for clear, institutional-quality custody solutions. Additionally, the market reacted to the news of this asset management strategy, showcasing the robustness and appeal of physically-backed Bitcoin investment vehicles.
WisdomTree also manages a spot Bitcoin ETF, WBTC, sanctioned earlier this year. Trading data from The Block’s Data Dashboard shows that WBTC experienced significant trading volumes, reaching $31.6 million on April 24 and $10.6 million the following day.
The discovery by Arkham Intel highlights the growing sophistication and expansion of cryptocurrency financial products. As these investment vehicles evolve, they continue to attract both seasoned and novice investors, drawn by the promise of secure, transparent, and efficient market participation.
Read Also:
WisdomTree Adds Solana, Cardano, Polkadot ETPs
HIVE Installs 1,423 of its HIVE BuzzMiner Bitcoin Miners
DeFi Technologies Introduces XRP ETP to Boost Crypto Investments in Europe
WisdomTree Gains Approval for Bitcoin ETF Purchases
Netherlands Announces Listing a New Spot Bitcoin (BTC) ETP
The post Arkham Intel Identifies Wallets for WisdomTree’s Bitcoin ETP appeared first on Crypto News Land.
WBIT offers direct exposure to Bitcoin, backed by physically held assets, enhancing transparency and investor accessibility.
Arkham Intel’s findings underline the increasing complexity and popularity of cryptocurrency investment products.
Arkham Intel has identified a series of wallets associated with WisdomTree’s Physical Bitcoin ETP, known as WBIT. According to their findings on the social media platform X, WBIT holds a substantial 8,900 BTC. These assets, spread across 134 wallets, are valued at approximately $579 million.
Wisdomtree’s $579M BTC ETP is now on ArkhamWisdomtree’s Physical Bitcoin ETP WBIT stores 8.9K BTC ($579.35M) across 134 separate addresses – now tagged on Arkham.Track Bitcoin in WBIT at the link below:https://t.co/SAL1RDpNHx pic.twitter.com/ARVzDXLm9x
— Arkham (@ArkhamIntel) April 26, 2024
Investment Structure and Market Impact
The design of WisdomTree Physical Bitcoin involves a physically backed exchange-traded product (ETP) aimed at providing investors with straightforward, secure, and cost-efficient access to Bitcoin. Unlike a spot Bitcoin ETF, which might use derivatives to mimic Bitcoin’s price movements, WBIT entitles its shareholders to a direct stake in the Bitcoin it holds. This approach ensures that the product is fully backed by actual Bitcoin, and securely stored in cold storage.
Moreover, this structure emphasizes transparency and easy accessibility for investors, aligning with market demands for clear, institutional-quality custody solutions. Additionally, the market reacted to the news of this asset management strategy, showcasing the robustness and appeal of physically-backed Bitcoin investment vehicles.
WisdomTree also manages a spot Bitcoin ETF, WBTC, sanctioned earlier this year. Trading data from The Block’s Data Dashboard shows that WBTC experienced significant trading volumes, reaching $31.6 million on April 24 and $10.6 million the following day.
The discovery by Arkham Intel highlights the growing sophistication and expansion of cryptocurrency financial products. As these investment vehicles evolve, they continue to attract both seasoned and novice investors, drawn by the promise of secure, transparent, and efficient market participation.
Read Also:
WisdomTree Adds Solana, Cardano, Polkadot ETPs
HIVE Installs 1,423 of its HIVE BuzzMiner Bitcoin Miners
DeFi Technologies Introduces XRP ETP to Boost Crypto Investments in Europe
WisdomTree Gains Approval for Bitcoin ETF Purchases
Netherlands Announces Listing a New Spot Bitcoin (BTC) ETP
The post Arkham Intel Identifies Wallets for WisdomTree’s Bitcoin ETP appeared first on Crypto News Land.
Franklin Templeton Introduces Ethereum ETF on DTCC
Franklin Templeton’s launch of its Ethereum ETF, EZET, highlights increasing interest in cryptocurrency investment products.
The ETF’s registration on the DTCC streamlines share creation and redemption, which is crucial for maintaining market price alignment.
The SEC’s ongoing regulatory review affects the approval timeline for the ETF, with a decision deadline extended to June 11.
Franklin Templeton, a major asset management firm, has introduced its Ethereum exchange-traded fund (ETF), representing a notable advancement in cryptocurrency investment offerings. Codenamed EZET, the “Franklin Ethereum TR Ethereum ETF” has been registered on the Depository Trust and Clearing Corporation (DTCC) website, a central hub for processing securities transactions in the United States.
The DTCC listing facilitates the creation and redemption of ETF shares, a mechanism vital for maintaining the ETF’s market price alignment with its net asset value. This capability is essential for investor confidence and ensures the fund adapts efficiently to market demand.
BREAKING FRANKLIN TEMPLETON ETHEREUM SPOT ETF HAS BEEN ADDED ON DTCC ETF LISTTHE DEADLINE FOR ETH ETF APPROVAL IS IN MAY SOMETHING SIMILAR HAPPENED WITH BLACKROCK BITCOIN ETF TOO BEFORE IT GOT APPROVED pic.twitter.com/J0oZkNfnqv
— Ash Crypto (@Ashcryptoreal) April 27, 2024
Regulatory Review and Market Implications
While the ETF’s listing on the DTCC is a positive development, it does not imply approval from the U.S. Securities and Exchange Commission (SEC). The SEC has yet to approve Franklin Templeton’s S-1 filing for a spot Ether ETF, submitted on February 12. If approved, the ETF will be traded on the Chicago Board Options Exchange under “Franklin Ethereum ETF.”
The regulatory review process is ongoing, with the SEC recently postponing its decision. Initially set for a ruling, the SEC has extended the review period by 45 days, with a new decision deadline set for June 11. This extension allows the SEC additional time to consider the proposed rule change necessary for listing and trading the ETF on the Cboe BZX Exchange.
The introduction of the Franklin Ethereum TR Ethereum ETF positions Franklin Templeton alongside other financial heavyweights like BlackRock and Grayscale, which have also ventured into Ethereum-based funds.
This move by Franklin Templeton underscores the growing interest in cryptocurrency investments and the evolving regulatory framework governing these assets. Investors and market watchers are keenly observing the SEC’s actions, as its decisions will likely influence the trajectory of cryptocurrency ETFs in the U.S. market.
Read Also:
Solana Gains Institutional Backing Thanks to Co-Founder’s Vision
Centric Cash (CNS) Review 2022
Reviewing the Top 8 Important Crypto Events in 2022
XRP Gets the Green Light from SRB’s Shariah Compliance Review
Coinbase Seeks Court Insight on Investment Contract Definition in SEC Dispute
The post Franklin Templeton Introduces Ethereum ETF on DTCC appeared first on Crypto News Land.
The ETF’s registration on the DTCC streamlines share creation and redemption, which is crucial for maintaining market price alignment.
The SEC’s ongoing regulatory review affects the approval timeline for the ETF, with a decision deadline extended to June 11.
Franklin Templeton, a major asset management firm, has introduced its Ethereum exchange-traded fund (ETF), representing a notable advancement in cryptocurrency investment offerings. Codenamed EZET, the “Franklin Ethereum TR Ethereum ETF” has been registered on the Depository Trust and Clearing Corporation (DTCC) website, a central hub for processing securities transactions in the United States.
The DTCC listing facilitates the creation and redemption of ETF shares, a mechanism vital for maintaining the ETF’s market price alignment with its net asset value. This capability is essential for investor confidence and ensures the fund adapts efficiently to market demand.
BREAKING FRANKLIN TEMPLETON ETHEREUM SPOT ETF HAS BEEN ADDED ON DTCC ETF LISTTHE DEADLINE FOR ETH ETF APPROVAL IS IN MAY SOMETHING SIMILAR HAPPENED WITH BLACKROCK BITCOIN ETF TOO BEFORE IT GOT APPROVED pic.twitter.com/J0oZkNfnqv
— Ash Crypto (@Ashcryptoreal) April 27, 2024
Regulatory Review and Market Implications
While the ETF’s listing on the DTCC is a positive development, it does not imply approval from the U.S. Securities and Exchange Commission (SEC). The SEC has yet to approve Franklin Templeton’s S-1 filing for a spot Ether ETF, submitted on February 12. If approved, the ETF will be traded on the Chicago Board Options Exchange under “Franklin Ethereum ETF.”
The regulatory review process is ongoing, with the SEC recently postponing its decision. Initially set for a ruling, the SEC has extended the review period by 45 days, with a new decision deadline set for June 11. This extension allows the SEC additional time to consider the proposed rule change necessary for listing and trading the ETF on the Cboe BZX Exchange.
The introduction of the Franklin Ethereum TR Ethereum ETF positions Franklin Templeton alongside other financial heavyweights like BlackRock and Grayscale, which have also ventured into Ethereum-based funds.
This move by Franklin Templeton underscores the growing interest in cryptocurrency investments and the evolving regulatory framework governing these assets. Investors and market watchers are keenly observing the SEC’s actions, as its decisions will likely influence the trajectory of cryptocurrency ETFs in the U.S. market.
Read Also:
Solana Gains Institutional Backing Thanks to Co-Founder’s Vision
Centric Cash (CNS) Review 2022
Reviewing the Top 8 Important Crypto Events in 2022
XRP Gets the Green Light from SRB’s Shariah Compliance Review
Coinbase Seeks Court Insight on Investment Contract Definition in SEC Dispute
The post Franklin Templeton Introduces Ethereum ETF on DTCC appeared first on Crypto News Land.
Top 5 Solana Blockchain Alternatives Worth Considering
Shardeum achieves unmatched scalability through dynamic state sharding while preserving decentralization.
Avalanche prioritizes flexibility and accessibility, offering a blend of speed, security, and affordability.
Kadena’s Chainweb architecture combines scalability and security, handling high transaction volumes with ease.
In the fast-evolving landscape of blockchain technology, Solana stands as a beacon of speed and efficiency. However, the realm of decentralized finance (DeFi) and blockchain innovation is vast, with several contenders vying for the spotlight. Here, we delve into the top five Solana blockchain alternatives that promise to redefine decentralization and reshape the future of finance.
Shardeum
Leveraging dynamic state sharding, Shardeum achieves unparalleled scalability without compromising decentralization. Its innovative architecture ensures atomic composability across shards, setting it apart as a frontrunner in the race for efficiency and security.
Avalanche
Introduced with a vision of excelling in speed, flexibility, and affordability, Avalanche has rapidly gained prominence since its inception. With AVAX at its core, Avalanche prioritizes accessibility while maintaining robust security measures, offering a comprehensive solution for blockchain enthusiasts.
Kadena
Founded by industry veterans involved in pioneering blockchain solutions, Kadena brings forth a novel approach to scalability and security. Its Chainweb architecture, coupled with a unique Proof of Work (PoW) consensus, enables seamless handling of high transaction volumes, heralding a new era of blockchain innovation.
Near Protocol
Positioned as a developer-friendly blockchain network, Near Protocol boasts superior speed and cost efficiency compared to its counterparts. With a projected capacity of up to 100,000 transactions per second, Near Protocol emerges as a formidable competitor, poised to redefine transaction processing standards.
Injective Protocol
Operating at the forefront of interoperability, Injective Protocol bridges the gap between diverse blockchain networks. Through its decentralized ERC-20 token bridge and robust smart contract platform, Injective Protocol empowers DeFi participants with seamless access to a myriad of functionalities.
As the blockchain landscape continues to evolve, these five alternatives to Solana represent not just competitors but catalysts for innovation. With each platform offering unique strengths and capabilities, the future of decentralized finance is destined to be shaped by a diverse array of blockchain solutions.
While Solana remains a formidable player in the field, the emergence of challengers like Shardeum, Avalanche, Kadena, Near Protocol, and Injective Protocol underscores the dynamic nature of blockchain technology. With each platform pushing the boundaries of scalability, security, and accessibility, the future holds immense promise for decentralized finance and blockchain innovation alike.
Read Also
KDA Price Prediction 2023 to 2031: Will Kadena(KDA) Price Hit $3 Soon?
Injective Protocol (INJ) Achieves New All-Time High at $42, Stays Bullish
Kadena (KDA) Predictions 2024:When Will KDA Surge Past $10?
Price Analysis: Why Kadena (KDA) Is Set to Outshine in the Crypto Market of 2024
What Makes Kadena (KDA) a Standout Crypto with a Surge Over $7? Deep Dive
The post Top 5 Solana Blockchain Alternatives Worth Considering appeared first on Crypto News Land.
Avalanche prioritizes flexibility and accessibility, offering a blend of speed, security, and affordability.
Kadena’s Chainweb architecture combines scalability and security, handling high transaction volumes with ease.
In the fast-evolving landscape of blockchain technology, Solana stands as a beacon of speed and efficiency. However, the realm of decentralized finance (DeFi) and blockchain innovation is vast, with several contenders vying for the spotlight. Here, we delve into the top five Solana blockchain alternatives that promise to redefine decentralization and reshape the future of finance.
Shardeum
Leveraging dynamic state sharding, Shardeum achieves unparalleled scalability without compromising decentralization. Its innovative architecture ensures atomic composability across shards, setting it apart as a frontrunner in the race for efficiency and security.
Avalanche
Introduced with a vision of excelling in speed, flexibility, and affordability, Avalanche has rapidly gained prominence since its inception. With AVAX at its core, Avalanche prioritizes accessibility while maintaining robust security measures, offering a comprehensive solution for blockchain enthusiasts.
Kadena
Founded by industry veterans involved in pioneering blockchain solutions, Kadena brings forth a novel approach to scalability and security. Its Chainweb architecture, coupled with a unique Proof of Work (PoW) consensus, enables seamless handling of high transaction volumes, heralding a new era of blockchain innovation.
Near Protocol
Positioned as a developer-friendly blockchain network, Near Protocol boasts superior speed and cost efficiency compared to its counterparts. With a projected capacity of up to 100,000 transactions per second, Near Protocol emerges as a formidable competitor, poised to redefine transaction processing standards.
Injective Protocol
Operating at the forefront of interoperability, Injective Protocol bridges the gap between diverse blockchain networks. Through its decentralized ERC-20 token bridge and robust smart contract platform, Injective Protocol empowers DeFi participants with seamless access to a myriad of functionalities.
As the blockchain landscape continues to evolve, these five alternatives to Solana represent not just competitors but catalysts for innovation. With each platform offering unique strengths and capabilities, the future of decentralized finance is destined to be shaped by a diverse array of blockchain solutions.
While Solana remains a formidable player in the field, the emergence of challengers like Shardeum, Avalanche, Kadena, Near Protocol, and Injective Protocol underscores the dynamic nature of blockchain technology. With each platform pushing the boundaries of scalability, security, and accessibility, the future holds immense promise for decentralized finance and blockchain innovation alike.
Read Also
KDA Price Prediction 2023 to 2031: Will Kadena(KDA) Price Hit $3 Soon?
Injective Protocol (INJ) Achieves New All-Time High at $42, Stays Bullish
Kadena (KDA) Predictions 2024:When Will KDA Surge Past $10?
Price Analysis: Why Kadena (KDA) Is Set to Outshine in the Crypto Market of 2024
What Makes Kadena (KDA) a Standout Crypto with a Surge Over $7? Deep Dive
The post Top 5 Solana Blockchain Alternatives Worth Considering appeared first on Crypto News Land.
Unlocking the Future: Top Altcoins Leading Crypto’s Resurgence
Although Toncoin experienced a decline of 15.04% in the past week, it showed an increase of 81.58% over the month and 235.97% in six months.
Aptos exhibits erratic price movements, hovering between $6.03 and $13.79, with a 92.59% rise in six months.
Sei showcases a compelling six-month growth of 446.67%
In a landscape marked by anticipation, the crypto market braces for a resurgence, with industry analysts pinpointing five digital currencies primed to spearhead this revitalization. Delving deep into market dynamics and backed by meticulous research, Toncoin, Aptos, Sei, and Optimism emerge as the focal points of this transformative narrative.
Toncoin (TON)
Despite experiencing a decline of 15.04% over the past week, Toncoin experienced an incredible increase of 81.58% in a month. Toncoin stands tall as a beacon of potential in the crypto sphere. Its six-month trajectory, boasting a remarkable surge of 235.97%, underscores its significance in the market’s resurgence.
Aptos (APT)
Amidst the tumultuous waves of the crypto market, Aptos navigates with resilience and promise. Its value fluctuates within the range of $6.03 and $13.79, reflecting the dynamic nature of its journey. Despite this volatility, Aptos exhibits a substantial 92.59% rise over a six-month period, hinting at its inherent strength and potential.
Sei (SEI)
Embarking on a journey defined by fluctuations, Sei’s trajectory is a testament to the nuanced dynamics of the crypto market. Despite recent declineSei showcases a compelling six-month growth of 446.67%s, , underscoring its resilience and potential for resurgence. As indicators hint at growth potential and caution, Sei stands poised at the precipice of possibility, awaiting the next chapter in its narrative.
Optimism (OP)
In the realm of Optimism, volatility intertwines with opportunity, shaping a narrative defined by resilience and growth. Despite recent declines, Optimism charts a formidable trajectory, with a six-month surge of nearly 100%. Trading between $1.64 and $3.22, Optimism embodies the essence of possibility, with future price movements poised to unveil new chapters in its journey.
As the crypto market prepares for a resurgence, the collective gaze turns towards Toncoin, Aptos, Sei, and Optimism, each embodying the spirit of innovation, resilience, and potential. With market dynamics poised on the brink of transformation, these five altcoins stand as testaments to the evolving landscape of finance, beckoning investors to unlock the future of crypto with anticipation and resolve.
Read Also
SEI Rockets to the Top: 23.7% Surge Leads Crypto Market
Upbit Announces Introduction of SEI to KRW and BTC Trading Markets
Telegram’s Toncoin Integration: Transforming Channels, Elevating TON Price
Toncoin Surges 23% as Open League Projects Fuel Momentum
Toncoin Surges into Top 10 Cryptos: What’s Fueling the Rise?
The post Unlocking the Future: Top Altcoins Leading Crypto’s Resurgence appeared first on Crypto News Land.
Aptos exhibits erratic price movements, hovering between $6.03 and $13.79, with a 92.59% rise in six months.
Sei showcases a compelling six-month growth of 446.67%
In a landscape marked by anticipation, the crypto market braces for a resurgence, with industry analysts pinpointing five digital currencies primed to spearhead this revitalization. Delving deep into market dynamics and backed by meticulous research, Toncoin, Aptos, Sei, and Optimism emerge as the focal points of this transformative narrative.
Toncoin (TON)
Despite experiencing a decline of 15.04% over the past week, Toncoin experienced an incredible increase of 81.58% in a month. Toncoin stands tall as a beacon of potential in the crypto sphere. Its six-month trajectory, boasting a remarkable surge of 235.97%, underscores its significance in the market’s resurgence.
Aptos (APT)
Amidst the tumultuous waves of the crypto market, Aptos navigates with resilience and promise. Its value fluctuates within the range of $6.03 and $13.79, reflecting the dynamic nature of its journey. Despite this volatility, Aptos exhibits a substantial 92.59% rise over a six-month period, hinting at its inherent strength and potential.
Sei (SEI)
Embarking on a journey defined by fluctuations, Sei’s trajectory is a testament to the nuanced dynamics of the crypto market. Despite recent declineSei showcases a compelling six-month growth of 446.67%s, , underscoring its resilience and potential for resurgence. As indicators hint at growth potential and caution, Sei stands poised at the precipice of possibility, awaiting the next chapter in its narrative.
Optimism (OP)
In the realm of Optimism, volatility intertwines with opportunity, shaping a narrative defined by resilience and growth. Despite recent declines, Optimism charts a formidable trajectory, with a six-month surge of nearly 100%. Trading between $1.64 and $3.22, Optimism embodies the essence of possibility, with future price movements poised to unveil new chapters in its journey.
As the crypto market prepares for a resurgence, the collective gaze turns towards Toncoin, Aptos, Sei, and Optimism, each embodying the spirit of innovation, resilience, and potential. With market dynamics poised on the brink of transformation, these five altcoins stand as testaments to the evolving landscape of finance, beckoning investors to unlock the future of crypto with anticipation and resolve.
Read Also
SEI Rockets to the Top: 23.7% Surge Leads Crypto Market
Upbit Announces Introduction of SEI to KRW and BTC Trading Markets
Telegram’s Toncoin Integration: Transforming Channels, Elevating TON Price
Toncoin Surges 23% as Open League Projects Fuel Momentum
Toncoin Surges into Top 10 Cryptos: What’s Fueling the Rise?
The post Unlocking the Future: Top Altcoins Leading Crypto’s Resurgence appeared first on Crypto News Land.
Anticipating a Milestone: BEFE Coin’s $0.01 Ascent
One wouldn’t come to be able to comprehend such potential. Making BEFE Coin the talk of such an unreliable market, according to experts, this coin is preparing to reach its milestone value of $0.01 in the blink of an eye. That would be quite a thing and an announcement of its growth in stability and appeal. There is a great deal of anticipation in the crypto community.
BEFE’s Fundamentals
Emergent meme coin BEFE has indicated some promising activity in the market, trading at $0.0001447 per coin, and has increased by 9.4% for the last 24 hours. However, the price of BEFE did show some resilience over the past seven days, with prices increasing in value by 1.2% in the process on the back of a fluctuating market. This was in sharp contrast to the general bearish trend on the cryptocurrency market; 3.00% decline and signal performance matching on the part of other BNB Chain Ecosystem cryptocurrencies. BEFE reached an all-time high level of 0.001128 dollars four months ago—an amazing peak, but now trades 87.22% lower than that current level. This reflects a fully diluted valuation of $14,444,671, despite a recent market activity drop by 7.30%, as shown in the last 24 hours’ trading volume of $264,846. Users may get the token from decentralized exchanges like Pancakeswap V3 (BSC) and centralized exchanges. It is an online trader marketplace, including AscendEX (BitMax), with an active exchange pair of BEFE. The strong performance of assets associated with this coin and good trading volumes signal new interest building up in the memecoin space and possible further growth.
BEFE’s Performance: Technically Analysed
Volatility within BEFE’s performance over the past month has been marked by an opening price of $0.00048033 on March 28, 2024, and peaking at $0.00051537 by April 4. It has seen some activity, with a peak of $0.00049637 on March 31, where it realized a rise of 3.33% from the previous day’s close. Even BEFE’s daily trading volumes averaged out over the month were substantial at $497,063, showcasing trader growth in interest and market activity.
What will make BEFE different from other meme coins like DOGE, SHIB, or PEPE is its positioning with a unique brand and market presence, leveraging current trends in meme culture. Such positioning makes BEFE Memes Coin the most unique and relevant to trends among meme coin ecosystems. Besides, the trends of performances and trading volume both display good community participation and investor interest, which are two factors generally guiding resilience and potential longevity in meme cryptocurrencies.
Is BEFE the Ultimate Meme Crypto?
Investors must bear a relatively big warning when investing in BEFE. They need to treat the market cautiously and carry out extensive market research beforehand. However, given the high dynamics market and keeping up to date with BEFE’s development, BEFE remains a very promising project. Careful watch will let the investor be vetting market conditions before he makes decisions on investment. This, therefore, would help them exercise utmost caution to capitalize on opportunities and minimize undue risk probably.
The post Anticipating a Milestone: BEFE Coin’s $0.01 Ascent appeared first on Crypto News Land.
BEFE’s Fundamentals
Emergent meme coin BEFE has indicated some promising activity in the market, trading at $0.0001447 per coin, and has increased by 9.4% for the last 24 hours. However, the price of BEFE did show some resilience over the past seven days, with prices increasing in value by 1.2% in the process on the back of a fluctuating market. This was in sharp contrast to the general bearish trend on the cryptocurrency market; 3.00% decline and signal performance matching on the part of other BNB Chain Ecosystem cryptocurrencies. BEFE reached an all-time high level of 0.001128 dollars four months ago—an amazing peak, but now trades 87.22% lower than that current level. This reflects a fully diluted valuation of $14,444,671, despite a recent market activity drop by 7.30%, as shown in the last 24 hours’ trading volume of $264,846. Users may get the token from decentralized exchanges like Pancakeswap V3 (BSC) and centralized exchanges. It is an online trader marketplace, including AscendEX (BitMax), with an active exchange pair of BEFE. The strong performance of assets associated with this coin and good trading volumes signal new interest building up in the memecoin space and possible further growth.
BEFE’s Performance: Technically Analysed
Volatility within BEFE’s performance over the past month has been marked by an opening price of $0.00048033 on March 28, 2024, and peaking at $0.00051537 by April 4. It has seen some activity, with a peak of $0.00049637 on March 31, where it realized a rise of 3.33% from the previous day’s close. Even BEFE’s daily trading volumes averaged out over the month were substantial at $497,063, showcasing trader growth in interest and market activity.
What will make BEFE different from other meme coins like DOGE, SHIB, or PEPE is its positioning with a unique brand and market presence, leveraging current trends in meme culture. Such positioning makes BEFE Memes Coin the most unique and relevant to trends among meme coin ecosystems. Besides, the trends of performances and trading volume both display good community participation and investor interest, which are two factors generally guiding resilience and potential longevity in meme cryptocurrencies.
Is BEFE the Ultimate Meme Crypto?
Investors must bear a relatively big warning when investing in BEFE. They need to treat the market cautiously and carry out extensive market research beforehand. However, given the high dynamics market and keeping up to date with BEFE’s development, BEFE remains a very promising project. Careful watch will let the investor be vetting market conditions before he makes decisions on investment. This, therefore, would help them exercise utmost caution to capitalize on opportunities and minimize undue risk probably.
The post Anticipating a Milestone: BEFE Coin’s $0.01 Ascent appeared first on Crypto News Land.
“Epic” Satoshi After Bitcoin Halving Successfully Sold $2.13 Million
The sale of the “Epic” Satoshi marks a historic moment post-Bitcoin halving, fetching $2.13 million.
Satoshi’s rarity stems from being the first mined after Bitcoin’s fourth halving, adding to its value.
The surge in satoshi collecting reflects growing interest in unique digital assets and investment potential.
In a groundbreaking development that has reverberated throughout the cryptocurrency world, the highly anticipated sale of the “Epic” Satoshi after the recent Bitcoin halving has captivated investors and enthusiasts alike. This unprecedented event, which saw the successful auction of the iconic satoshi for a staggering $2.13 million, has underscored the burgeoning interest in rare digital assets and the remarkable evolution of the crypto market.
The “Epic” Satoshi, revered as the first satoshi mined following Bitcoin’s fourth halving, holds a unique position in the realm of cryptocurrency. Its rarity and historical significance, coupled with the scarcity inherent in Bitcoin’s blockchain protocol, have elevated it to the status of a coveted collector’s item. As the cornerstone of the Ordinals numbering system, which categorizes satoshis based on their rarity and significance in Bitcoin’s narrative, the “Epic” Satoshi embodies the essence of crypto lore.
JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 #BTC worth over $2.1 million pic.twitter.com/Sw1tHxWVyR
— Bitcoin Magazine (@BitcoinMagazine) April 25, 2024
The auction, held under the auspices of the ViaBTC mining pool and hosted on the CoinEx Global exchange platform, unfolded with palpable excitement and anticipation. Bidders from across the globe vied for the opportunity to claim ownership of this esteemed digital artifact, driving the bidding war to unprecedented heights. After a series of intense rounds of bidding, the “Epic” Satoshi found its rightful owner, fetching an astonishing 33.3 BTC at the time of sale.
Beyond the realm of financial transactions, the sale of the “Epic” Satoshi represents a watershed moment in the crypto community—a testament to the growing recognition, media attention, and widespread acceptance of Bitcoin and its foundational principles. It underscores the enduring allure of digital assets as a store of value and a vehicle for investment, as well as the ever-expanding boundaries of blockchain innovation.
Moreover, the sale of the “Epic” Satoshi shines a spotlight on the burgeoning trend of satoshi collecting—a phenomenon fueled by the inherent scarcity and unique identifiers of these digital artifacts. As collectors and enthusiasts clamor to acquire rare satoshis like never before, the market for these coveted assets continues to soar, driven by a potent combination of scarcity, historical significance, and speculative fervor.
The auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC (≈$2,134,000). This auction isn't just a bidding event; it marked the community recognition, media attention, & widespread embrace of #Bitcoin. A heartfelt thanks to all who support us. pic.twitter.com/fCFz1YrH0I
— CoinEx Global (@coinexcom) April 25, 2024
Looking ahead, the future of the “Epic” Satoshi in the crypto industry appears bright and promising. As a symbol of Bitcoin’s genesis and evolution, it embodies the pioneering spirit of Satoshi Nakamoto and the transformative potential of blockchain technology. Its continued prominence in the crypto narrative serves as a poignant reminder of the resilience and dynamism of the digital asset ecosystem, inspiring awe and fascination among enthusiasts and investors alike.
In conclusion, the sale of the “Epic” Satoshi stands as a testament to the enduring allure of cryptocurrency and the boundless possibilities of blockchain technology. As the crypto landscape continues to evolve and mature, rare digital assets like the “Epic” Satoshi will undoubtedly play an integral role in shaping its future trajectory.
Read Also
$1.2M BTC Given in Tribute to Creator of Bitcoin Satoshi Nakamoto?
Former Cartel Boss Paul Le Roux May be Satoshi Nakamoto
Dogecoin Rockets in Epic Rebound: What’s Behind the Surge?
Bitcoin Creator Satoshi Nakamoto’s 15 Year Emails Unveiled in Court
Report Says SEC and Tim Draper Got Duped Big-Time by a Fake Satoshi
The post “Epic” Satoshi After Bitcoin Halving Successfully Sold $2.13 Million appeared first on Crypto News Land.
Satoshi’s rarity stems from being the first mined after Bitcoin’s fourth halving, adding to its value.
The surge in satoshi collecting reflects growing interest in unique digital assets and investment potential.
In a groundbreaking development that has reverberated throughout the cryptocurrency world, the highly anticipated sale of the “Epic” Satoshi after the recent Bitcoin halving has captivated investors and enthusiasts alike. This unprecedented event, which saw the successful auction of the iconic satoshi for a staggering $2.13 million, has underscored the burgeoning interest in rare digital assets and the remarkable evolution of the crypto market.
The “Epic” Satoshi, revered as the first satoshi mined following Bitcoin’s fourth halving, holds a unique position in the realm of cryptocurrency. Its rarity and historical significance, coupled with the scarcity inherent in Bitcoin’s blockchain protocol, have elevated it to the status of a coveted collector’s item. As the cornerstone of the Ordinals numbering system, which categorizes satoshis based on their rarity and significance in Bitcoin’s narrative, the “Epic” Satoshi embodies the essence of crypto lore.
JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 #BTC worth over $2.1 million pic.twitter.com/Sw1tHxWVyR
— Bitcoin Magazine (@BitcoinMagazine) April 25, 2024
The auction, held under the auspices of the ViaBTC mining pool and hosted on the CoinEx Global exchange platform, unfolded with palpable excitement and anticipation. Bidders from across the globe vied for the opportunity to claim ownership of this esteemed digital artifact, driving the bidding war to unprecedented heights. After a series of intense rounds of bidding, the “Epic” Satoshi found its rightful owner, fetching an astonishing 33.3 BTC at the time of sale.
Beyond the realm of financial transactions, the sale of the “Epic” Satoshi represents a watershed moment in the crypto community—a testament to the growing recognition, media attention, and widespread acceptance of Bitcoin and its foundational principles. It underscores the enduring allure of digital assets as a store of value and a vehicle for investment, as well as the ever-expanding boundaries of blockchain innovation.
Moreover, the sale of the “Epic” Satoshi shines a spotlight on the burgeoning trend of satoshi collecting—a phenomenon fueled by the inherent scarcity and unique identifiers of these digital artifacts. As collectors and enthusiasts clamor to acquire rare satoshis like never before, the market for these coveted assets continues to soar, driven by a potent combination of scarcity, historical significance, and speculative fervor.
The auction has concluded successfully, with the FIRST & ONLY epic sat selling for 33.3 $BTC (≈$2,134,000). This auction isn't just a bidding event; it marked the community recognition, media attention, & widespread embrace of #Bitcoin. A heartfelt thanks to all who support us. pic.twitter.com/fCFz1YrH0I
— CoinEx Global (@coinexcom) April 25, 2024
Looking ahead, the future of the “Epic” Satoshi in the crypto industry appears bright and promising. As a symbol of Bitcoin’s genesis and evolution, it embodies the pioneering spirit of Satoshi Nakamoto and the transformative potential of blockchain technology. Its continued prominence in the crypto narrative serves as a poignant reminder of the resilience and dynamism of the digital asset ecosystem, inspiring awe and fascination among enthusiasts and investors alike.
In conclusion, the sale of the “Epic” Satoshi stands as a testament to the enduring allure of cryptocurrency and the boundless possibilities of blockchain technology. As the crypto landscape continues to evolve and mature, rare digital assets like the “Epic” Satoshi will undoubtedly play an integral role in shaping its future trajectory.
Read Also
$1.2M BTC Given in Tribute to Creator of Bitcoin Satoshi Nakamoto?
Former Cartel Boss Paul Le Roux May be Satoshi Nakamoto
Dogecoin Rockets in Epic Rebound: What’s Behind the Surge?
Bitcoin Creator Satoshi Nakamoto’s 15 Year Emails Unveiled in Court
Report Says SEC and Tim Draper Got Duped Big-Time by a Fake Satoshi
The post “Epic” Satoshi After Bitcoin Halving Successfully Sold $2.13 Million appeared first on Crypto News Land.
The Game-Changing Event That Might Propel Bitgert Coin Price +2000%
This development of the crypto space is not just determined by different quality systems arising from assiduity. Bitgert is without an element of doubt one of the quality systems that have given investors provocation to anticipate a brilliant future loaded up with enormous returns.
The cryptocurrency space is a mecca for openings. This is why numerous investors are keen on exercising the space to the fullest to induce wealth. With the movement displayed by Bitgert, it’s relatively clear that the price direction will be a positive bone.
In the course of this composition, we will be checking out the propellers of the growth of Bitgert and the possibility of it doing over 2000%
Scalability Of Bitgert, Propelling It To Giving Investors Huge Returns
The growth attained by Bitgert is made possible via the immolations to investors. Scalability is one crucial point of Bitgert that has given it the attention it needs from investors and is responsible for the surge experienced by it.Investors delicately seek to find a platform that can allow them to fluently carry out a variety of blockchain related conditioning without passing gratuitous detainments due to slow speed.
This issue has been monstrously corrected by Bitgert, via the integration of PoA agreement that makes it attain a speed as high as 100k deals per second. This allows both inventors and other druggies to enjoy Bitgert features to the fullest and carry out all feathers of deals, without passing any form of disappointment.
By making things easy for investors, Bitgert has come to the notice of everyone across the industry and this has led to more involvement which is evident in the increasing trading volume and uptrend. With growth recorded due to improved scalability, there are huge possibilities Bitgert could hit 2000% in the long run
Aggressive Burning Policy Triggering Mind Blowing Uptrend
The programs integrated into the tokenomics of Bitgert are estimable and have played an important part in boosting the value. Bitgert has espoused an aggressive burning strategy and buyback, drastically attracting investors from all angles.
There’s a 5% buyback duty on deals made, which is responsible for ultimately burning the Bitgert coin. By following this aggressive burning policy, the force is reduced, scarcity is created, and demand keeps adding , which results in a swell in value.
This is one policy that is strictly implemented on Bitgert and the impact has been felt over the years with it hitting over 30000% uptrend since its inception and is looking to hit over 2000% in the next one year.
Conclusion
Bitgert is really one that shouldn’t be missed out as it gives occasion to produce wealth with potentials to give investors awesome returns, still, exploration should be conducted by any investor. Know more on Bitgert through this website.
The post The Game-Changing Event That Might Propel Bitgert Coin Price +2000% appeared first on Crypto News Land.
The cryptocurrency space is a mecca for openings. This is why numerous investors are keen on exercising the space to the fullest to induce wealth. With the movement displayed by Bitgert, it’s relatively clear that the price direction will be a positive bone.
In the course of this composition, we will be checking out the propellers of the growth of Bitgert and the possibility of it doing over 2000%
Scalability Of Bitgert, Propelling It To Giving Investors Huge Returns
The growth attained by Bitgert is made possible via the immolations to investors. Scalability is one crucial point of Bitgert that has given it the attention it needs from investors and is responsible for the surge experienced by it.Investors delicately seek to find a platform that can allow them to fluently carry out a variety of blockchain related conditioning without passing gratuitous detainments due to slow speed.
This issue has been monstrously corrected by Bitgert, via the integration of PoA agreement that makes it attain a speed as high as 100k deals per second. This allows both inventors and other druggies to enjoy Bitgert features to the fullest and carry out all feathers of deals, without passing any form of disappointment.
By making things easy for investors, Bitgert has come to the notice of everyone across the industry and this has led to more involvement which is evident in the increasing trading volume and uptrend. With growth recorded due to improved scalability, there are huge possibilities Bitgert could hit 2000% in the long run
Aggressive Burning Policy Triggering Mind Blowing Uptrend
The programs integrated into the tokenomics of Bitgert are estimable and have played an important part in boosting the value. Bitgert has espoused an aggressive burning strategy and buyback, drastically attracting investors from all angles.
There’s a 5% buyback duty on deals made, which is responsible for ultimately burning the Bitgert coin. By following this aggressive burning policy, the force is reduced, scarcity is created, and demand keeps adding , which results in a swell in value.
This is one policy that is strictly implemented on Bitgert and the impact has been felt over the years with it hitting over 30000% uptrend since its inception and is looking to hit over 2000% in the next one year.
Conclusion
Bitgert is really one that shouldn’t be missed out as it gives occasion to produce wealth with potentials to give investors awesome returns, still, exploration should be conducted by any investor. Know more on Bitgert through this website.
The post The Game-Changing Event That Might Propel Bitgert Coin Price +2000% appeared first on Crypto News Land.
The Crypto Fortune: 3 Altcoins Poised for May 2024 Surge
Ravencoin (RVN) aims to leverage its Bitcoin code base, eyeing a price surge with MACD bullish signals.
Akash Network (AKT) mirrors Airbnb’s success, poised for growth fueled by Upbit listing and bullish patterns.
Theta Network (THETA) targets video streaming dominance, poised for an uptrend despite recent price fluctuations.
In the ever-changing landscape of cryptocurrency, May 2024 holds promises of significant gains for savvy investors. Here’s an in-depth exploration of three altcoins set to dominate the market:
1. Ravencoin (RVN)
Leveraging its foundation on the Bitcoin code base, Ravencoin emerges as a formidable contender for May 2024. RVN’s innovative approach to incentivizing a network of computers for asset creation has garnered attention. Currently targeting a rebound from $0.028, Ravencoin exhibits bullish signs with MACD (Moving Average Convergence Divergence) indicating momentum. The potential to establish support at the 23.6% Fibonacci retracement level could propel RVN towards breaking the 38.2% and 50% Fib lines, marking a significant uptrend.
2. Akash Network (AKT)
Often likened to the Airbnb of cloud services, AKT witnessed a remarkable 74% surge, fueled by its recent listing on Upbit. This decentralized marketplace for cloud services offers users a cost-effective alternative to traditional providers like Amazon Web Services (AWS). Despite retracements, AKT remains poised for growth, currently trading just below the 50% Fibonacci retracement level. A breakthrough above this line could pave the way for AKT to surpass the 61.8% Fib and establish a robust support floor, signaling a bullish trajectory towards $5.50 and beyond.
3. Theta Network (THETA)
Designed to revolutionize decentralized video delivery, THETA addresses the shortcomings of traditional streaming services. Although THETA experienced price declines in recent months, dropping from $3.4 to $1.9, indications of an uptrend are evident. The MACD signals bullish potential, suggesting a reversal of bearish trends. With the possibility of breaking the upper trendline and establishing $3 as a support level, THETA could embark on a bullish journey, challenging its previous highs.
As the crypto market braces for May 2024, these altcoins present lucrative opportunities for investors seeking substantial returns. By staying informed and conducting thorough research, investors can capitalize on the potential of RVN, AKT, and THETA to navigate the volatile yet rewarding landscape of cryptocurrency. Seize the moment, and let these altcoins pave the way for your financial success in May 2024 and beyond.
Read Also
Unveiling Akash Network’s Potential: AKT to Surpass $9.98 in 2024
What Predicts Theta Network’s THETA Token Rise Above $3.98 in 2024?
US Defense Unit Taps Akash, Secret Network for Web3 Infra
Theta Maintains 7-Day Gains Amid Samsung Partnership
What Drives Ravencoin (RVN) Expected Surge Over $0.2? A Closer Look
The post The Crypto Fortune: 3 Altcoins Poised for May 2024 Surge appeared first on Crypto News Land.
Akash Network (AKT) mirrors Airbnb’s success, poised for growth fueled by Upbit listing and bullish patterns.
Theta Network (THETA) targets video streaming dominance, poised for an uptrend despite recent price fluctuations.
In the ever-changing landscape of cryptocurrency, May 2024 holds promises of significant gains for savvy investors. Here’s an in-depth exploration of three altcoins set to dominate the market:
1. Ravencoin (RVN)
Leveraging its foundation on the Bitcoin code base, Ravencoin emerges as a formidable contender for May 2024. RVN’s innovative approach to incentivizing a network of computers for asset creation has garnered attention. Currently targeting a rebound from $0.028, Ravencoin exhibits bullish signs with MACD (Moving Average Convergence Divergence) indicating momentum. The potential to establish support at the 23.6% Fibonacci retracement level could propel RVN towards breaking the 38.2% and 50% Fib lines, marking a significant uptrend.
2. Akash Network (AKT)
Often likened to the Airbnb of cloud services, AKT witnessed a remarkable 74% surge, fueled by its recent listing on Upbit. This decentralized marketplace for cloud services offers users a cost-effective alternative to traditional providers like Amazon Web Services (AWS). Despite retracements, AKT remains poised for growth, currently trading just below the 50% Fibonacci retracement level. A breakthrough above this line could pave the way for AKT to surpass the 61.8% Fib and establish a robust support floor, signaling a bullish trajectory towards $5.50 and beyond.
3. Theta Network (THETA)
Designed to revolutionize decentralized video delivery, THETA addresses the shortcomings of traditional streaming services. Although THETA experienced price declines in recent months, dropping from $3.4 to $1.9, indications of an uptrend are evident. The MACD signals bullish potential, suggesting a reversal of bearish trends. With the possibility of breaking the upper trendline and establishing $3 as a support level, THETA could embark on a bullish journey, challenging its previous highs.
As the crypto market braces for May 2024, these altcoins present lucrative opportunities for investors seeking substantial returns. By staying informed and conducting thorough research, investors can capitalize on the potential of RVN, AKT, and THETA to navigate the volatile yet rewarding landscape of cryptocurrency. Seize the moment, and let these altcoins pave the way for your financial success in May 2024 and beyond.
Read Also
Unveiling Akash Network’s Potential: AKT to Surpass $9.98 in 2024
What Predicts Theta Network’s THETA Token Rise Above $3.98 in 2024?
US Defense Unit Taps Akash, Secret Network for Web3 Infra
Theta Maintains 7-Day Gains Amid Samsung Partnership
What Drives Ravencoin (RVN) Expected Surge Over $0.2? A Closer Look
The post The Crypto Fortune: 3 Altcoins Poised for May 2024 Surge appeared first on Crypto News Land.
BNY Mellon Reveals Holdings in BlackRock, Grayscale Bitcoin ETFs
BNY Mellon’s investment in Bitcoin ETFs signals traditional finance’s increasing acceptance of cryptocurrency.
US SEC approval of 11 spot Bitcoin ETFs sparked market growth, with Bitcoin hitting $73,737.
Hong Kong’s approval of Bitcoin and Ethereum ETFs indicates a global trend toward integrating crypto into traditional finance.
BNY Mellon, the oldest and largest custodian bank in the United States, has announced its investments in Bitcoin ETFs, a major endorsement of cryptocurrency from a traditional financial institution. In a recent SEC filing, the bank disclosed its holdings in ETFs offered by BlackRock and Grayscale. This development reflects BNY Mellon’s strategic approach to integrating digital assets into its portfolio, recognizing the growing institutional interest in this emerging asset class.
BREAKING AMERICA'S OLDEST BANK BNY MELLON WITH $45 TRILLION AUM NOW OWN SHARES IN MULTIPLE BITCOIN ETFs. INSTITUTIONAL FOMO IS HERE pic.twitter.com/JbDSBALth8
— Ash Crypto (@Ashcryptoreal) April 26, 2024
Global Momentum in Bitcoin ETFs
The approval of 11 spot Bitcoin ETFs by the US Securities and Exchange Commission in January marked a milestone, catalyzing a new all-time high for Bitcoin at $73,737 in March. This regulatory advancement has fulfilled a long-standing demand from American investors and intensified the global focus on similar financial products.
Additionally, Hong Kong has stepped into the spotlight with its recent approval of Bitcoin and Ethereum ETFs, setting the stage for these products to begin trading on April 30, 2024. These developments suggest a strengthening bridge between traditional finance and cryptocurrency markets, potentially paving the way for further escalations in market activity.
The anticipation surrounding the new ETFs in Hong Kong and the potential approval of a spot ETH ETF in the US could trigger another surge in market dynamics. Ethereum remains below its peak, but introducing an approved ETF could revitalize investor interest.
According to projections by CoinCodex, Bitcoin could reach as high as $85,195 by late May, representing a 32.6% increase from its current levels. This forecast underscores the bullish sentiment saturating the market, uplifted by recent approvals and expanded accessibility through trusted financial platforms like BNY Mellon.
Read Also:
BNY Mellon: Blockchain to Soak $120T From Capital Markets
Bank of New York Accepts Crypto as a Valid Investment Option
BlackRock’s Bitcoin ETF Filing Fuels Grayscale’s Climb Towards 2023 Peak
Grayscale Files Amendment for Spot Bitcoin ETF Approval at Eleventh Hour
BlackRock Cuts 600 Jobs, Shifts Focus from ESG to Bitcoin ETF
The post BNY Mellon Reveals Holdings in BlackRock, Grayscale Bitcoin ETFs appeared first on Crypto News Land.
US SEC approval of 11 spot Bitcoin ETFs sparked market growth, with Bitcoin hitting $73,737.
Hong Kong’s approval of Bitcoin and Ethereum ETFs indicates a global trend toward integrating crypto into traditional finance.
BNY Mellon, the oldest and largest custodian bank in the United States, has announced its investments in Bitcoin ETFs, a major endorsement of cryptocurrency from a traditional financial institution. In a recent SEC filing, the bank disclosed its holdings in ETFs offered by BlackRock and Grayscale. This development reflects BNY Mellon’s strategic approach to integrating digital assets into its portfolio, recognizing the growing institutional interest in this emerging asset class.
BREAKING AMERICA'S OLDEST BANK BNY MELLON WITH $45 TRILLION AUM NOW OWN SHARES IN MULTIPLE BITCOIN ETFs. INSTITUTIONAL FOMO IS HERE pic.twitter.com/JbDSBALth8
— Ash Crypto (@Ashcryptoreal) April 26, 2024
Global Momentum in Bitcoin ETFs
The approval of 11 spot Bitcoin ETFs by the US Securities and Exchange Commission in January marked a milestone, catalyzing a new all-time high for Bitcoin at $73,737 in March. This regulatory advancement has fulfilled a long-standing demand from American investors and intensified the global focus on similar financial products.
Additionally, Hong Kong has stepped into the spotlight with its recent approval of Bitcoin and Ethereum ETFs, setting the stage for these products to begin trading on April 30, 2024. These developments suggest a strengthening bridge between traditional finance and cryptocurrency markets, potentially paving the way for further escalations in market activity.
The anticipation surrounding the new ETFs in Hong Kong and the potential approval of a spot ETH ETF in the US could trigger another surge in market dynamics. Ethereum remains below its peak, but introducing an approved ETF could revitalize investor interest.
According to projections by CoinCodex, Bitcoin could reach as high as $85,195 by late May, representing a 32.6% increase from its current levels. This forecast underscores the bullish sentiment saturating the market, uplifted by recent approvals and expanded accessibility through trusted financial platforms like BNY Mellon.
Read Also:
BNY Mellon: Blockchain to Soak $120T From Capital Markets
Bank of New York Accepts Crypto as a Valid Investment Option
BlackRock’s Bitcoin ETF Filing Fuels Grayscale’s Climb Towards 2023 Peak
Grayscale Files Amendment for Spot Bitcoin ETF Approval at Eleventh Hour
BlackRock Cuts 600 Jobs, Shifts Focus from ESG to Bitcoin ETF
The post BNY Mellon Reveals Holdings in BlackRock, Grayscale Bitcoin ETFs appeared first on Crypto News Land.
Crypto Enthusiast Kaduna Predicts Impending Pump in Crypto Market, Will XRP Take the Lead?
Kaduna predicts a crypto market pump based on prevailing boredom among traders.
Egrag Crypto announces XRP/BTC bull run initiation at specific threshold.
XRP community anticipates significant price surge, awaits potential all-time high.
Renowned crypto enthusiast Kaduna has sparked speculation in the crypto community with his recent observation. Kaduna suggests that the prevailing sense of boredom among traders could signal an unexpected pump on the horizon. His statement has prompted widespread interest and anticipation among investors.
Everyone is bored to death, that could mean…
— Kaduna (@CryptoKaduna) April 26, 2024
While Kaduna’s insight has caught the attention of many, top crypto market analysts are diligently monitoring both bitcoin and altcoin charts for any significant movements. Among them, Egrag Crypto, a popular figure in the crypto space, has made a noteworthy announcement regarding the XRP/BTC pair.
In an official bull run announcement on Twitter, Egrag Crypto declared that the long-awaited bull run would commence once the XRP/BTC pair reaches a specific point. The announcement has generated excitement within the XRP community, also known as the XRP Army, who have eagerly awaited a surge in their favored asset’s value.
#XRP / #BTC Official #Bullrun Announcement :Since February 22nd, I've been highlighting that the official #Bullrun will kick in once #XRP / #BTC touches a specific point. For better clarity, check out my post here: https://t.co/hyXqWEMStiShilling Vibes: The #XRP / #BTC… pic.twitter.com/1vqmMuRTO3
— EGRAG CRYPTO (@egragcrypto) April 27, 2024
Egrag Crypto’s analysis points to key resistance levels, with the first major resistance identified at 0.00001667 and the Valhalla Gateway at 0.00002700. These levels serve as indicators for potential price movements, further fueling anticipation among investors.
The XRP Army remains steadfast in their belief that XRP is on the verge of a significant breakthrough, potentially leading to a new all-time high. As speculation mounts and anticipation builds, time will soon reveal the outcome of these predictions, leaving investors eagerly awaiting the market’s next move.
Read Also
AI Coins Surge, TAO, NMT, and RNDR Set New ATHs Following Memecoin Rally
What Top Analyst Says About XRP’s Forthcoming Rally
Historical Trends Point to XRP’s Impending Rally, Are you Ready?
How a Possible 783% Surge Could Change XRP’s Position in Crypto Rankings
How XRP Could Skyrocket Past the $20 Mark: Analyst Weighs In
The post Crypto Enthusiast Kaduna Predicts Impending Pump in Crypto Market, Will XRP Take the Lead? appeared first on Crypto News Land.
Egrag Crypto announces XRP/BTC bull run initiation at specific threshold.
XRP community anticipates significant price surge, awaits potential all-time high.
Renowned crypto enthusiast Kaduna has sparked speculation in the crypto community with his recent observation. Kaduna suggests that the prevailing sense of boredom among traders could signal an unexpected pump on the horizon. His statement has prompted widespread interest and anticipation among investors.
Everyone is bored to death, that could mean…
— Kaduna (@CryptoKaduna) April 26, 2024
While Kaduna’s insight has caught the attention of many, top crypto market analysts are diligently monitoring both bitcoin and altcoin charts for any significant movements. Among them, Egrag Crypto, a popular figure in the crypto space, has made a noteworthy announcement regarding the XRP/BTC pair.
In an official bull run announcement on Twitter, Egrag Crypto declared that the long-awaited bull run would commence once the XRP/BTC pair reaches a specific point. The announcement has generated excitement within the XRP community, also known as the XRP Army, who have eagerly awaited a surge in their favored asset’s value.
#XRP / #BTC Official #Bullrun Announcement :Since February 22nd, I've been highlighting that the official #Bullrun will kick in once #XRP / #BTC touches a specific point. For better clarity, check out my post here: https://t.co/hyXqWEMStiShilling Vibes: The #XRP / #BTC… pic.twitter.com/1vqmMuRTO3
— EGRAG CRYPTO (@egragcrypto) April 27, 2024
Egrag Crypto’s analysis points to key resistance levels, with the first major resistance identified at 0.00001667 and the Valhalla Gateway at 0.00002700. These levels serve as indicators for potential price movements, further fueling anticipation among investors.
The XRP Army remains steadfast in their belief that XRP is on the verge of a significant breakthrough, potentially leading to a new all-time high. As speculation mounts and anticipation builds, time will soon reveal the outcome of these predictions, leaving investors eagerly awaiting the market’s next move.
Read Also
AI Coins Surge, TAO, NMT, and RNDR Set New ATHs Following Memecoin Rally
What Top Analyst Says About XRP’s Forthcoming Rally
Historical Trends Point to XRP’s Impending Rally, Are you Ready?
How a Possible 783% Surge Could Change XRP’s Position in Crypto Rankings
How XRP Could Skyrocket Past the $20 Mark: Analyst Weighs In
The post Crypto Enthusiast Kaduna Predicts Impending Pump in Crypto Market, Will XRP Take the Lead? appeared first on Crypto News Land.
Shiba Inu Leads in Robinhood’s Crypto Performance
Shiba Inu leads Robinhood’s performance chart, up 11%.
Shiba Inu is now tradable in New York due to Robinhood’s BitLicense compliance.
The cryptocurrency market shows potential for broader rallies.
Shiba Inu, the meme cryptocurrency, has taken first place on this week’s Robinhood performance chart with an 11% increase. Following Shiba Inu, Litecoin secured the second spot with an 8% increase, while Chainlink rounded out the top three with a 6.1% gain. Other cryptocurrencies like Aave and Ethereum Classic also showed notable increases, enhancing their positions in the market.
GM #ThisWeekInCryptoSee the full list of crypto available here: https://t.co/B41xoSGKG8 pic.twitter.com/RrQT8qTzJm
— Robinhood (@RobinhoodApp) April 26, 2024
The availability of Shiba Inu for trading to New York residents marks a significant step, given the state’s strict regulatory environment. Robinhood’s expansion into New York, facilitated by the platform’s compliance with the BitLicense requirements, represents a key growth in access and potential investor base for Shiba Inu. Historically, the cryptocurrency gained a Robinhood listing in early 2022, propelled by strong community support and advocacy.
Shiba Inu’s trading price is $0.00002542 at press time with a 7.8% seven-day price increase. Despite being 71% lower than its peak in October 2021, the cryptocurrency maintains a substantial market cap of $14.73 billion. Predictions by asset management firm Bernstein also suggest a potential for broader market rallies, which could further positively impact Robinhood’s performance.
As digital currencies evolve, platforms like Robinhood play a crucial role in shaping access and investment dynamics in the cryptocurrency markets.
Read Also:
Robinhood Launches Mobile Payments App Robinhood Wallet
Robinhood To Sack 300 Employees Despite Job Listing
Robinhood’s Possible XRP Listing Sparks Hope Amidst Crypto Slump
Rumored XRP Listing on Robinhood: What It Could Mean for Crypto Investors
The Third Largest Bitcoin Whale is Robinhood: What Does it Mean for the Market?
The post Shiba Inu Leads in Robinhood’s Crypto Performance appeared first on Crypto News Land.
Shiba Inu is now tradable in New York due to Robinhood’s BitLicense compliance.
The cryptocurrency market shows potential for broader rallies.
Shiba Inu, the meme cryptocurrency, has taken first place on this week’s Robinhood performance chart with an 11% increase. Following Shiba Inu, Litecoin secured the second spot with an 8% increase, while Chainlink rounded out the top three with a 6.1% gain. Other cryptocurrencies like Aave and Ethereum Classic also showed notable increases, enhancing their positions in the market.
GM #ThisWeekInCryptoSee the full list of crypto available here: https://t.co/B41xoSGKG8 pic.twitter.com/RrQT8qTzJm
— Robinhood (@RobinhoodApp) April 26, 2024
The availability of Shiba Inu for trading to New York residents marks a significant step, given the state’s strict regulatory environment. Robinhood’s expansion into New York, facilitated by the platform’s compliance with the BitLicense requirements, represents a key growth in access and potential investor base for Shiba Inu. Historically, the cryptocurrency gained a Robinhood listing in early 2022, propelled by strong community support and advocacy.
Shiba Inu’s trading price is $0.00002542 at press time with a 7.8% seven-day price increase. Despite being 71% lower than its peak in October 2021, the cryptocurrency maintains a substantial market cap of $14.73 billion. Predictions by asset management firm Bernstein also suggest a potential for broader market rallies, which could further positively impact Robinhood’s performance.
As digital currencies evolve, platforms like Robinhood play a crucial role in shaping access and investment dynamics in the cryptocurrency markets.
Read Also:
Robinhood Launches Mobile Payments App Robinhood Wallet
Robinhood To Sack 300 Employees Despite Job Listing
Robinhood’s Possible XRP Listing Sparks Hope Amidst Crypto Slump
Rumored XRP Listing on Robinhood: What It Could Mean for Crypto Investors
The Third Largest Bitcoin Whale is Robinhood: What Does it Mean for the Market?
The post Shiba Inu Leads in Robinhood’s Crypto Performance appeared first on Crypto News Land.
Ripple Partner Oceanus Leverages ODL Solutions for Odin Pay in Singapore Elevating Blockchain Sol...
Oceanus partners with Ripple, leveraging ODL for Odin Pay in Singapore.
Digitizing trade finance with XRP, Oceanus moves $70 million in 6 months.
MAS license obtained, Oceanus targets $1 billion GMV market.
Oceanus, a Ripple partner based in Singapore, is making waves with its payment platform, Odin Pay, powered by Ripple’s On-Demand Liquidity (ODL) and XRP. The company’s 2023 annual report sheds light on its performance in the first six months of operation, revealing a staggering $70 million moved through its platform. But what exactly is driving this momentum?
Cool to see! Oceanus is a #Ripple partner in Singapore using ODL(#XRP) for their payment platform, Odin Pay. Their '23 annual report puts some numbers to the first 6mo of operation, moving $70m. What's going on here?1/6https://t.co/fMIeuYJv6i pic.twitter.com/RG46t5D2zo
— WrathofKahneman (@WKahneman) April 26, 2024
Primarily, Oceanus is focused on revolutionizing cross-border trade finance within the food shipping industry by digitizing trade documents and bills of lading. Leveraging XRP in their payment flow via ODL, Oceanus aims to streamline and expedite transactions in a sector traditionally plagued by sluggish processes.
The platform’s overview highlights its ambitious vision, likening its impact to the “Ripple” of change and emphasizing the creation of a trade “flywheel” effect. With the platform now live, Oceanus is poised to disrupt the trade finance landscape.
Furthermore, Oceanus has integrated a finance platform to track payments, enhancing credit risk analysis and subsequently driving demand for cross-border payments. The question remains: is this platform fully integrated with ODL, or merely pulling data? The answer could significantly impact ODL’s appeal as a solution.
Oceanus’s acquisition of a Monetary Authority of Singapore (MAS) license is another significant development, mirroring Ripple’s own licensing milestones as Odin Pay was launched. This regulatory approval positions Oceanus to tap into a lucrative market estimated at $1 billion in Gross Merchandise Value (GMV).
However, it’s worth noting that while Oceanus was once listed on Ripple’s site, it no longer appears—an intriguing observation that raises questions about Ripple’s selection criteria. Nonetheless, Oceanus’s early success as a Ripple/ODL-powered platform bodes well for its future endeavors.
Read Also
I-Remit Advances Its Use of Ripple’s ODL
Ripple Extends ODL Benefits to France And Sweden
Ripple’s ODL and XRP Powering Japan’s SBI Remittance Revolution in Asia
FOMO Pay to Utilize Ripple’s On-Demand Liquidity
Pro XRP Lawyer Highlights Ripple’s Legal Freedom for ODL Transactions Outside US
The post Ripple Partner Oceanus Leverages ODL Solutions for Odin Pay in Singapore Elevating Blockchain Solutions appeared first on Crypto News Land.
Digitizing trade finance with XRP, Oceanus moves $70 million in 6 months.
MAS license obtained, Oceanus targets $1 billion GMV market.
Oceanus, a Ripple partner based in Singapore, is making waves with its payment platform, Odin Pay, powered by Ripple’s On-Demand Liquidity (ODL) and XRP. The company’s 2023 annual report sheds light on its performance in the first six months of operation, revealing a staggering $70 million moved through its platform. But what exactly is driving this momentum?
Cool to see! Oceanus is a #Ripple partner in Singapore using ODL(#XRP) for their payment platform, Odin Pay. Their '23 annual report puts some numbers to the first 6mo of operation, moving $70m. What's going on here?1/6https://t.co/fMIeuYJv6i pic.twitter.com/RG46t5D2zo
— WrathofKahneman (@WKahneman) April 26, 2024
Primarily, Oceanus is focused on revolutionizing cross-border trade finance within the food shipping industry by digitizing trade documents and bills of lading. Leveraging XRP in their payment flow via ODL, Oceanus aims to streamline and expedite transactions in a sector traditionally plagued by sluggish processes.
The platform’s overview highlights its ambitious vision, likening its impact to the “Ripple” of change and emphasizing the creation of a trade “flywheel” effect. With the platform now live, Oceanus is poised to disrupt the trade finance landscape.
Furthermore, Oceanus has integrated a finance platform to track payments, enhancing credit risk analysis and subsequently driving demand for cross-border payments. The question remains: is this platform fully integrated with ODL, or merely pulling data? The answer could significantly impact ODL’s appeal as a solution.
Oceanus’s acquisition of a Monetary Authority of Singapore (MAS) license is another significant development, mirroring Ripple’s own licensing milestones as Odin Pay was launched. This regulatory approval positions Oceanus to tap into a lucrative market estimated at $1 billion in Gross Merchandise Value (GMV).
However, it’s worth noting that while Oceanus was once listed on Ripple’s site, it no longer appears—an intriguing observation that raises questions about Ripple’s selection criteria. Nonetheless, Oceanus’s early success as a Ripple/ODL-powered platform bodes well for its future endeavors.
Read Also
I-Remit Advances Its Use of Ripple’s ODL
Ripple Extends ODL Benefits to France And Sweden
Ripple’s ODL and XRP Powering Japan’s SBI Remittance Revolution in Asia
FOMO Pay to Utilize Ripple’s On-Demand Liquidity
Pro XRP Lawyer Highlights Ripple’s Legal Freedom for ODL Transactions Outside US
The post Ripple Partner Oceanus Leverages ODL Solutions for Odin Pay in Singapore Elevating Blockchain Solutions appeared first on Crypto News Land.
Ultimate 2024 Post-Halving Crypto Guide
In the fast-paced realm of cryptocurrency, key events often influence the market’s movement. The halving is one such event that significantly affects cryptocurrency supply mechanisms, typically leading to notable shifts in value. With the latest halving behind us and the market now on a bullish trajectory, this guide is tailor-made for navigating the post-halving climate effectively. It provides insights and strategies essential for both new entrants and seasoned players aiming to capitalize on this period of opportunity.
BlastUP Token Projected to Soar 1000% By Year’s End
BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users.
The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year.
>> Buy BlastUP Tokens Now for Maximum Returns! <<
BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
>> Join BlastUP Now or This Rocket Will Take Off Without You! <<
Aptos Crypto Price Movement and Trends
Aptos (APT), utilizing a PoS (Proof of Stake) consensus mechanism, has seen a dip, falling almost 6% in the past week. Over the month, the loss is much steeper at over 50%. Despite this, the last six months have shown a growth of over 30%. The current price swings between $8.96 and $10.66. Indicators suggest that movements are neither strongly impulsive nor corrective, but RSI and Stochastic imply a slight lean toward selling pressure.
Looking ahead for APT, cautious optimism is advised. Although recent declines might worry investors, the six-month positive trend can’t be ignored. The price is now below the 100-day average, hinting at weakness. However, with the relative stability between the nearest support at $7.93 and resistance at $11.33, there’s potential for recovery. While immediate returns may be uncertain, APT’s price might find a boost if broader market conditions improve, potentially leveraging its PoS architecture for greater efficiency and scalability.
Wormhole Snags Market Attention Amid Volatility
The current market sentiment around Wormhole, a generic message-passing protocol token, is cautiously optimistic. Despite moving within a lower price band recently, traders are watching as it retains stability above its main support level. Additionally, some enthusiasm is building as its price has seen a remarkable rise over the past month, which keeps investors on their toes. Even so, Wormhole has yet to overcome a couple of identified upper barriers to unlock further growth potential.
As for the Wormhole, the widespread increase in its value is likely fueling interest among potential buyers. Wormhole stands on strong historic performance, which could be enticing for those aiming to diversify their portfolios with assets that show such momentum. However,Wormhole’s future will greatly depend on its ability to maintain these gains and possibly break through resistance levels to solidify its growing reputation.
Starknet Displays Mixed Signals Amidst Market Uncertainty
Starknet, a ZK, Ethereum Layer 2 solution, is currently experiencing a tug-of-war between buyers and sellers, indicating some market indecision. Recent trends suggest a cooling off after a period of significant excitement, likely influenced by the broader crypto marketplace dynamics. The trading activity around Starknet does not show a clear directional bias, as the market’s appetite for risk seems to be balanced with caution.
In terms of fundamentals, Starknet’s technology addresses the growing demand for scalability and privacy in blockchain applications. Its role in providing solutions for Ethereum’s network congestion could positively influence its valuation as adoption increases and technological developments continue to unfold. The future sentiment towards Starknet will likely hinge on its practical utility and adoption within the blockchain ecosystem.
Conclusion
The 2024 bull run has ignited significant interest in various coins. APT, Wormhole, and STRK have shown promise, but their short-term potential appears limited. Analysts recommend focusing on a standout project in the Blast ecosystem: BlastUP. Its innovative concept has captured attention, cementing BlastUP’s position as the frontrunner for high potential gains in this thriving market. With a strong foundation and compelling idea, BlastUP stands out as the preferred choice for those seeking growth.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
The post Ultimate 2024 Post-Halving Crypto Guide appeared first on Crypto News Land.
BlastUP Token Projected to Soar 1000% By Year’s End
BlastUP has been getting a lot of attention lately thanks to its high potential to become a major force in the crypto industry. This pioneering launchpad on Blast has already attracted over 12,000 active users.
The ongoing presale of BlastUP is a huge success, with over $5 million raised so far. The BlastUP token is considered by crypto experts as a hidden crypto gem that can skyrocket 1000% by the end of this year.
>> Buy BlastUP Tokens Now for Maximum Returns! <<
BlastUP helps crypto startups grow faster and earn more. As BlastUP forges ahead, it remains committed to creating a global hub for the Blast community. BlastUP is rapidly gaining traction for the benefit of all participants in this ecosystem.
BlastUP’s roadmap extends into 2026, promising the introduction of AI-driven tools and the Community Marketplace, further enriching the ecosystem’s capabilities.
The BlastUP token, a cornerstone of the platform, unlocks access to tiered IDO launches, staking rewards, and exclusive loyalty benefits.
>> Join BlastUP Now or This Rocket Will Take Off Without You! <<
Aptos Crypto Price Movement and Trends
Aptos (APT), utilizing a PoS (Proof of Stake) consensus mechanism, has seen a dip, falling almost 6% in the past week. Over the month, the loss is much steeper at over 50%. Despite this, the last six months have shown a growth of over 30%. The current price swings between $8.96 and $10.66. Indicators suggest that movements are neither strongly impulsive nor corrective, but RSI and Stochastic imply a slight lean toward selling pressure.
Looking ahead for APT, cautious optimism is advised. Although recent declines might worry investors, the six-month positive trend can’t be ignored. The price is now below the 100-day average, hinting at weakness. However, with the relative stability between the nearest support at $7.93 and resistance at $11.33, there’s potential for recovery. While immediate returns may be uncertain, APT’s price might find a boost if broader market conditions improve, potentially leveraging its PoS architecture for greater efficiency and scalability.
Wormhole Snags Market Attention Amid Volatility
The current market sentiment around Wormhole, a generic message-passing protocol token, is cautiously optimistic. Despite moving within a lower price band recently, traders are watching as it retains stability above its main support level. Additionally, some enthusiasm is building as its price has seen a remarkable rise over the past month, which keeps investors on their toes. Even so, Wormhole has yet to overcome a couple of identified upper barriers to unlock further growth potential.
As for the Wormhole, the widespread increase in its value is likely fueling interest among potential buyers. Wormhole stands on strong historic performance, which could be enticing for those aiming to diversify their portfolios with assets that show such momentum. However,Wormhole’s future will greatly depend on its ability to maintain these gains and possibly break through resistance levels to solidify its growing reputation.
Starknet Displays Mixed Signals Amidst Market Uncertainty
Starknet, a ZK, Ethereum Layer 2 solution, is currently experiencing a tug-of-war between buyers and sellers, indicating some market indecision. Recent trends suggest a cooling off after a period of significant excitement, likely influenced by the broader crypto marketplace dynamics. The trading activity around Starknet does not show a clear directional bias, as the market’s appetite for risk seems to be balanced with caution.
In terms of fundamentals, Starknet’s technology addresses the growing demand for scalability and privacy in blockchain applications. Its role in providing solutions for Ethereum’s network congestion could positively influence its valuation as adoption increases and technological developments continue to unfold. The future sentiment towards Starknet will likely hinge on its practical utility and adoption within the blockchain ecosystem.
Conclusion
The 2024 bull run has ignited significant interest in various coins. APT, Wormhole, and STRK have shown promise, but their short-term potential appears limited. Analysts recommend focusing on a standout project in the Blast ecosystem: BlastUP. Its innovative concept has captured attention, cementing BlastUP’s position as the frontrunner for high potential gains in this thriving market. With a strong foundation and compelling idea, BlastUP stands out as the preferred choice for those seeking growth.
Site: https://blastup.io/
Twitter: https://twitter.com/Blastup_io
Discord: https://discord.gg/5Kc3nDhqVW
Telegram: https://t.me/blastup_io
The post Ultimate 2024 Post-Halving Crypto Guide appeared first on Crypto News Land.
FlokiFi Locker Secures $18 Million Worth of ATS Tokens: a Testament to Innovation
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.
Read Also
FlokiFi Locker Surpasses $100M TVL Milestone, FLOKI Holders Bullish
Floki’s Latest FlokiFi Locker Upgrade Preps to Make Its Mainnet Launch
Floki and FlokiFi Locker Boost DeFi Security with Karma Partnership
ArbDoge AI Partners with Floki, Transforming Crypto Launch Dynamics
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.
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.
Read Also
FlokiFi Locker Surpasses $100M TVL Milestone, FLOKI Holders Bullish
Floki’s Latest FlokiFi Locker Upgrade Preps to Make Its Mainnet Launch
Floki and FlokiFi Locker Boost DeFi Security with Karma Partnership
ArbDoge AI Partners with Floki, Transforming Crypto Launch Dynamics
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.
Leading Expert Predicts a 1000% Surge in BlastUP: Is This Increase Plausible?
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 $BLP is likely to exceed expectations in the cryptocurrency market.
The post Leading Expert predicts a 1000% Surge in BlastUP: Is this Increase Plausible? appeared first on Crypto News Land.
The fact that this reputable crypto analyst has added BLP to a must-watch list is a meaningful sign. This article delves into the reasons behind the current hype over BlastUP and evaluates its chances for a head spinning surge ahead.
BlastUP offers high utility, ensuring smooth DApp Launches on Blast
In early February, BlastUP emerged as the first launchpad on the Blast L2 blockchain, with a mission to supercharge the growth and earnings of crypto startups. This platform offers a variety of innovative tools designed to propel projects forward.
Join BlastUP to Grow Faster and Earn More
BlastUP’s toolkit includes the Launchpad Accelerator that helps projects create essential documentation and tokenomics to attract funding. Only high-caliber projects are allowed to join the ecosystem, so BlastUP conducts rigorous project screening to create a safe and reliable crypto environment.
BlastUP Takes Off: First Project Successfully Launched
Affirming its utility as a launchpad platform, BlastUP has recently launched the BlastUP App which hosts the presale of CYBRO. This event is particularly noteworthy as BlastUP, while still in its own presale phase, hosts an alpha sale for CYBRO. This initial launch not only tests the platform’s capabilities but also sets the stage for the official rollout of BlastUP.
Robust tokemonics add value to BlastUP ($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.
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