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

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

Terraform Labs Pay $4.5 Billion to Settle SEC Fraud Case

Terraform Labs and its former CEO, Do Kwon, have agreed to pay $4.5 billion to resolve civil fraud charges brought by the Securities and Exchange Commission (SEC). The company and individual, held responsible for the $40 billion collapse of UST and LUNA in 2022.

Source: X

As part of the settlement, Kwon and Terraform Labs will return $4.5 billion in ill-gotten gains. They will also pay a $420 million civil penalty. Additionally, they will be barred from participating in any future crypto asset securities transactions. Kwon will personally pay $204 million in monetary relief. The funds will go to Terraform Labs’ bankruptcy estate, pending approval by Judge Jed Rakoff of the U.S. District Court Southern District of New York.

Crypto News: MoonPay Expands PayPal Crypto Integration to UK and EU Customers

MoonPay has announced plans to expand its PayPal integration in the United Kingdom and European Union. This move is similar to the successful launch of a similar integration in the United States last month, which allowed U.S. users to buy and sell over 110 cryptocurrencies using PayPal.

Source: X

his expansion aims to provide a seamless experience and lower entry barriers for new users worldwide. The integration enables customers to purchase cryptocurrencies using their existing PayPal balance, bank withdrawals, or debit cards. MoonPay has observed that the PayPal integration has attracted a more mature user base.

OKX Confirms User Account Breaches

Cryptocurrency exchange OKX has confirmed that a small number of user accounts were compromised due to identity theft. In a post-mortem on X (formerly Twitter), OKX stated that a hacker used forged “judicial documents” to obtain the personal information of a few users. The matter is currently under investigation by judicial authorities.

Source: X

The security breach came to light after two OKX users claimed their accounts had been compromised and drained, with blockchain security company SlowMist noting similarities between the incidents. Web3 security group Dilation Effect alleged that attackers exploited a security loophole in OKX, which the exchange has since refuted.

OKX has stated that it has compensated affected users and will continue to do so. The exchange declined to provide further details regarding the exact number of affected users.

Crypto News: Circle Introduces Programmable Wallets and Gas Station

Circle is expanding its support for the Solana blockchain across its Web3 services. It brought features such as programmable wallets and gas stations. The integration will take place in two phases. First phase will focus on programmable wallets. This will allow developers to automate asset management based on predefined rules and sponsored transaction fees via the gas station feature.

The second phase will include support for non-fungible tokens (NFTs) and program interactions through Smart Contract Platform. Programmable wallets interact with smart contracts automatically and streamlining tasks that typically require manual execution.

Crypto Trading Addiction Rises in UK

Amanda Pritchard, the chief executive of the United Kingdom’s National Health Service (NHS), has called on British lawmakers to take action to prevent young people from becoming addicted to crypto trading. Speaking at the ConfedExpo of NHS managers in Manchester, Pritchard highlighted the growing social need for specialist gambling addiction clinics. The NHS has recently opened its fifteenth such clinic.

Pritchard further questioned whether society should continue to allow increasingly sophisticated methods to keep people hooked on gambling and cryptocurrency trading. She noted that staff at the national problem gambling clinic had informed her about the rising problem of addiction to unregulated cryptocurrency markets among younger individuals.

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

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crypto hacks Read CoinChapter.com on Google News

A massive $19 billion worth of digital assets has been stolen through 785 reported crypto hacks and exploits over the past 13 years, according to an eye-opening report by EU-based crypto compliance firm Crystal Intelligence.

The Biggest Crypto Heists of All Time

While the crypto industry has witnessed numerous security breaches, some stand out as particularly devastating. For instance, the 2019 Plus Token fraud remains the largest single crypto theft case to date, with attackers netting $2.9 billion worth of Bitcoin and Ether. More recently, in February 2024, the $290 million security breach on PlayDapp marked the largest single crypto heist of the past two years.

Crypto amounts lost in hacks and scams in 2023/24. Source: Crystal intelligence

Crypto hacks and exploits aren’t the only concern – fraud schemes have also taken a significant toll. The JPEX investment scam in Hong Kong stands as the largest single crypto fraud scheme during the past two years. This resulted in a loss of $194.3 million in stolen crypto

As the first quarter of 2024 drew to a close, $542.7 million worth of digital assets had already been stolen. This represents a 42% increase compared to the same period in 2023. This statistic suggests that crypto hacks in 2024 could potentially surpass the previous year’s figures.

You Might Also Like: BNB Chain Faces $80K Bitcoin Exploit — White Hat Hacker or Malicious Attack?

2022 Was The ‘Deadliest Year’

Crypto hacks & scams per year. Source: Crystal intelligence

While 2023 witnessed the highest number of crypto-related hacks, 2022 remains etched in history as the “deadliest year by value.” A total of 199 exploits resulted in over $4.2 billion worth of stolen digital assets, nearly double the amount lost in 2023.

Number of crypto hacks and scams per year. Source: Crystal intelligence

Despite enhanced monitoring and reporting mechanisms, illegal activity on the blockchain has continued to grow in 2023 and 2024, according to the Crystal Intelligence report. 

The Battle Against DeFi Hacks

Almost 112 decentralized finance (DeFi) hacks were reported in 2023 alone, resulting in the loss of $835 million worth of cryptocurrency. However, security breaches have proven even more costly. 68 separate incidents led to over $1 billion in stolen digital assets during the same year. This means that the amount lost in DeFi hacks is less than the security breaches, but they occur more often.

Top 10 DeFi hacks 2023/24. Source: Crystal Intelligence

The Euler Finance hack stands out as the largest single DeFi hack during 2023 and 2024. This devastating security breach stole $197 million worth of Ether tokens.

The Euler Finance hack is just one example of the growing threat of cybercrime targeting DeFi platforms. In fact, the top 10 DeFi hacks that occurred in 2023 and 2024 collectively accounted for $579 million in stolen digital assets. 

The post Crypto Hacks Has Wiped $19B Since 2011: Crystal Intelligence appeared first on CoinChapter.

Key Takeaways:

XRP price traded below the key support at $0.50 and the 50-day simple moving average (blue).

It traded below an important contracting triangle with support at $0.510 on the daily chart.

The price is now signaling a medium-term downtrend and might dive toward the $0.4150 support.

XRP price prediction Read CoinChapter.com on Google News

NEW DELHI (CoinChapter.com) — XRP failed to clear the $0.550 resistance and took a major hit. The price settled below $0.50 and is now at risk of more downsides.

XRP Price Signals Breakdown

In the past few analyses, we discussed the next major break with a crucial contracting triangle on the daily chart of XRP. The bulls made a couple of attempts to clear the $0.550 resistance and the 50-day simple moving average (blue). However, there was no real bullish momentum like Bitcoin and Ethereum.

As a result, there was a strong bearish reaction. The price declined below the key support at $0.50, and an important contracting triangle with support was $0.510 on the daily chart. It even dived below the 50% Fib retracement level of the upward move from the $0.4154 swing low to the $0.5707 high.

XRP price daily chart | Source: TradingView.com

It seems like there was a clear breakdown and a daily close below $0.50 on the daily chart. The price is now consolidating losses below the triangle trend line.

In the short term, XRP might attempt a recovery wave to retest the same triangle zone (support turned resistance) at $0.500 and $0.510. If the bulls fail to pump the price above $0.510, there could be a fresh decline.

Immediate support sits near the $0.4740 zone. The first major support sits at $0.4520 and the 76.4% Fib retracement level of the upward move from the $0.4154 swing low to the $0.5707 high.

The next key support is near the $0.4150 level, below which the price could slide and test the $0.400 support. A downside break below the $0.400 support might set the pace for more losses. In the stated case, the price may decline toward the $0.3450 level.

Fundamentally, Ripple continues to expand and grow. Recently, it announced USD (RLUSD): A 1:1 USD-backed stablecoin, offering transparency and stability on the XRP Ledger and Ethereum.

Introducing Ripple USD (RLUSD): A 1:1 USD-backed stablecoin, offering transparency and stability on the XRP Ledger and Ethereum. Coming later this year. Sign up to receive the latest stablecoin news, content and availability: https://t.co/ifguG77bO6

— Ripple (@Ripple) June 12, 2024

Recovery Ahead?

XRP price might recover steadily and reclaim $0.510. The first major resistance is near the $0.520 level and the 50-day simple moving average (blue). The main resistance is now near the $0.550 zone.

A daily close above the $0.550 resistance might start a fresh surge. In the stated case, the price might climb and test the $0.620 resistance. In the stated case, there are high chances of a move toward the $0.6660 resistance zone. The next target for the bulls might be $0.700.

Overall, XRP price is signaling a major bearish breakdown below $0.50. Therefore, there could be more downsides toward $0.40 unless there is a daily close above $0.510 and $0.520 in the coming days.

The post XRP Price Downtrend – Key Reasons Bulls Might Face Further Hits appeared first on CoinChapter.

With the emergence of the new Angry Pepe Fork token (APORK), the next community driven meme token poised to blow up the meme coin space, experts are dropping speculations of its immense potential. According to industry analysts, this new meme token could very well surpass many other similar meme coins on the market including Turbo coin and Maga token, even as they’ve been pricing bullish in the past few months. With huge potential to rank among the best cryptos to invest in Q2 and Q3, Angry Pepe Fork token is even speculated to steal the spotlight from Pepe, if the conditions are met.

Angry Pepe Fork (APORK) Can Potentially Outperform Pepe and Many Other Meme Coins 

After coming out in the meme coin market with a unique “Conquer to Earn” mechanism, it was already clear that Angry Pepe Fork (APORK) is a new meme coin that is here to stay. In short, experts think that this Solana-based meme coin will surpass its counterparts like Bonk and Dogwifhat, due to its utility-filled ecosystem that includes a staking dApp and an ecosystem that will explore multi-chain exploration and interoperability.

Its “Conquer to Earn ” mechanism is a community driven incentive that allows its members earn more $APORK tokens by working together to help Angry Pepe Fork surpass all zombie meme coins in the market. Users can also earn $APORK tokens through the platform’s staking system where each user can lock in their tokens for 30, 60 or 90 days. And each time the platform surpasses a meme coin, the APY increases, signifying higher returns.

Considering that it’s just starting the first stage of its presale, Angry Pepe Fork still has a long way to go. However, with the features and details of its roadmap, this meme token may end up topping the list of the best meme coins to watch out for this year. In fact the team is already preparing partnerships with influencers, marketing teams, and other engagement platforms for enhanced user experience and added utility.

$APORK token is currently going for a meager price of $0.014 in its first presale stage, however it is projected to grow by 200% by the time the presale reaches its final stage. In addition, Angry Pepe Fork is expected to complete a 350% rise when it starts to get listed on top-tier CEX and DEX platforms. Ultimately, Angry Pepe Fork’s real world application of virtual economies and its community driven agenda can potentially push it to become the best crypto to buy this year.

Turbo Token Recently Made New Record In Price and Market Capitalization

This decentralized community-based meme token has gone a long way since being launched in the meme coin market. Being the first meme token to be created with AI alone, Turbo (TURBO) coin has made impressive progress and this year we’re supposed to see more progress amid the meme coin frenzy. 

Meanwhile, Turbo price already increased dramatically in the past few weeks, with its price reaching an ATH of $0.009744 and its market cap reaching $443 million for the first time. Maintaining a bullish streak, the price of Turbo is still reflecting positivity.

Maga Price Sees Impressive ATH Price After A Dramatic Price Spike

The Maga (TRUMP) token is also one of the most impressive meme coin showing a striking price chart in the past few weeks. After taking a meteoric rise sometime last month, Maga successfully made a bullish rise to $17.51, signifying a new all-time high. 

Currently Maga price has dropped below this figure by 29.3% however, considering its postive momentum, the token still shows potential of maintaining a strong positive momentum throughout this year.

Which Meme Coin Stands a Chance to Challenge Angry Pepe Fork: TRUMP, TURBO, or Other Top Meme Coins?

Angry Pepe’s Fork is a community driven token, with the purpose of knocking out all stale meme coins, hence toppling over regular meme coins might not be much of a challenge. But, in the case of Floki whose utility is wide and has potential for more adoption and engagement, Angry Pepe Fork will have a harder time surpassing it.

Visit Angry Pepe Fork Presale

The post Crypto Experts Reveal Why Angry Pepe Fork Is Destined To OutPerform Similar Tokens, Is Pepe’s Spot Up For Grabs? appeared first on CoinChapter.

Technium International Limited is excited to announce its latest innovation that combines artificial intelligence (AI) and blockchain technology to address the skyrocketing global demand for computing power. By integrating these cutting-edge technologies, Technium aims to optimize resource utilization and enhance the efficiency of decentralized networks, setting a new benchmark in the industry.

Revolutionizing Computing Power Management

Technium’s upcoming developments include leveraging advanced AI algorithms to dynamically manage and distribute computing power across its decentralized physical infrastructure networks (DePIN). This integration allows for real-time analysis and allocation of computational resources, ensuring that they are used effectively to meet the increasing demands driven by AI and blockchain applications.

“With the surge in AI-driven tasks and the growing complexity of blockchain operations, efficient resource management has become more critical than ever,” said Jacob Steffan, CEO at Technium International Limited. “Our innovative solution harnesses the power of AI and blockchain to create a more efficient, scalable, and sustainable approach to managing global computing power.”

Enhanced Efficiency Through AI and Blockchain Synergy

Technium’s approach involves using AI to monitor network performance and predict future computational needs. By analyzing vast amounts of data in real-time, the AI system can identify optimal times and methods for reallocating resources. This ensures that computing power is always available where it is needed most, reducing waste and improving overall network efficiency.

Blockchain technology, on the other hand, provides a transparent and secure framework for managing these resources. By recording all transactions and resource allocations on an immutable ledger, Technium ensures accountability and trust within the network. This synergy between AI and blockchain not only enhances operational efficiency but also strengthens the security and reliability of the entire system.

Sustainable and Scalable Solutions

Technium is committed to sustainability and scalability in its operations. By optimizing the use of computing power, the company reduces energy consumption and minimizes the environmental impact of its activities. Technium’s blockchain-based system also allows for seamless scalability, enabling the network to grow and adapt to increasing computational demands without compromising performance or efficiency.

“We are dedicated to creating sustainable solutions that not only meet today’s needs but also pave the way for future growth,” added Jacob. “Our integrated AI and blockchain platform is designed to scale with the industry, ensuring that we can continue to provide high-quality services as demand evolves.”

Driving Innovation in Decentralized Networks

Technium’s integration of AI and blockchain sets a new standard for innovation in decentralized networks. The company’s platform supports a wide range of applications, from AI trading bots to real-world asset tokenization and game-fi. This flexibility allows Technium to cater to diverse market needs and drive the adoption of decentralized technologies across various industries.

Expanding Global Reach and Impact

With this new initiative, Technium is expanding its global footprint and reinforcing its position as a leader in the cryptocurrency and blockchain sectors. By providing efficient and sustainable solutions for computing power management, Technium is helping to build a more resilient and inclusive digital economy.

“Our goal is to empower users worldwide with the tools and resources they need to thrive in the digital age,” said Jacob. “By integrating AI and blockchain, we are not only optimizing computing power but also creating a foundation for future innovations that will benefit individuals and businesses globally.”

About Technium International Limited

Founded in 2018 and registered in Seychelles, Technium International Limited is a pioneering organization focused on revolutionizing cryptocurrency trading and technology. Technium’s ecosystem is built on the Technium Matrix Protocol, designed to enhance global connectivity and financial empowerment through blockchain technology.

For other information or updates , refer to Technium.Tech as well as their social media links below:

X: https://x.com/Technium_ 

IG: https://www.instagram.com/techium_ltd?igsh=MXNmdmwycTF3OWgxbQ== 

Fb: https://www.facebook.com/profile.php?id=61560061893972 

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

The post Technium Integrates AI and Blockchain to Optimize Global Computing Power Demand appeared first on CoinChapter.

Holdstation has received a 7-figure investment from SNZ Capital, Summer Ventures, and EVG Ventures. This investment will support the advancement of smart AI wallets, integrating AI and blockchain for a revolutionary user experience. The strategic infusion of capital in Phase 2 will propel the development of Holdstation’s smart AI wallets, merging advanced artificial intelligence with simplified blockchain interactions to redefine user portfolio management.

As a pioneer in Account Abstraction adoption, Holdstation has seen significant user growth, cementing its position as the top Account Abstraction wallet and perpetual DEX on zkSync. This strategic move enhances transaction simplicity and security, establishing Holdstation as a frontrunner in blockchain technology.

Holdstation’s commitment to enhancing the Web3 ecosystem through innovative technology aligns seamlessly with the strategic visions of SNZ Capital, Summer Ventures, and EVG Ventures. This partnership leverages their combined expertise to further grow the Web3 space, particularly within AI, perpetual DEX, and wallet segments.

Focused on developing AI for advanced portfolio management and streamlining the digital wallet experience, Holdstation is poised to lead pivotal innovations that will transform user interactions in Web3. SNZ Capital, Summer Ventures, and EVG Ventures bring valuable experience in financial and marketing strategy, making them ideal partners to drive Holdstation’s initiatives.

The investment from SNZ Capital, Summer Ventures, and EVG Ventures bolsters Holdstation’s role as a premier Web3 wallet that infuses artificial intelligence and trading. This is set to accelerate the broad adoption of Web3 wallets with trading features across all blockchains, smoothing the transition from Web2 to Web3.

“Partnering with SNZ Capital, Summer Ventures, and EVG Ventures feels like a natural step forward. They’ve been Ethereum enthusiasts since the early days, and their deep roots in the global community give us an incredible advantage. This partnership is not only about funding but also about starting a journey together that opens up significant opportunities and resources, helping us grow and innovate faster than ever. We’re all in for an exciting ride,” said Trung Banh, Co-Founder and CPO of Holdstation.

“By backing Holdstation’s Phase 2, we are not just investing in technology; we are investing in a vision that places user empowerment at the forefront of financial services,” added Gavin, Investment Partner of SNZ Capital.

Together with SNZ Capital, Summer Ventures, and EVG Ventures, whose expertise in financial and marketing strategies is unmatched, Holdstation is well-equipped to lead transformative changes that enhance user accessibility and experience across the Web3 landscape.

About Holdstation

Holdstation offers a seamless approach to trading and managing assets by leveraging Account Abstraction along with Holdstation Defutures, its perpetual DEX operating on zkSync. Complemented by the next-gen Web3 Holdstation Wallet and zkStarter, a launchpad native to zkSync, Holdstation is designed to make sophisticated blockchain technology accessible and straightforward, resembling the ease of Web2 applications.

Useful links

Website | Twitter | Discord | Telegram

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

The post 7-Figure Investment from SNZ Capital, Summer Ventures, and EVG Ventures Drives Holdstation’s AI Wallet Progress appeared first on CoinChapter.

In the dynamic and ever-evolving world of cryptocurrency, identifying the next big opportunity can feel like finding a needle in a haystack. However, BlockDAG Network is setting the stage for a revolutionary transformation in the blockchain world. With its presale attracting a whopping $500,000 daily, this is the only presale you need to consider this year.

Are you ready to jump on the most exciting crypto opportunity of 2024? 

Why BlockDAG Stands Out

BlockDAG Network is at the forefront of technological innovation in the blockchain space these days. The project combines the best of both blockchain and Directed Acyclic Graph (DAG) technologies. To understand its significance, think of traditional blockchains as a single-lane road. Transactions line up and are processed one after another, which can lead to congestion and slower speeds. In contrast, BlockDAG is like a multi-lane superhighway where multiple transactions can occur simultaneously, vastly improving speed and efficiency.

Key Benefits of BlockDAG

1. Speed and Scalability: BlockDAG can handle multiple blocks at the same time, making it significantly faster than traditional blockchains. This capacity is crucial for supporting the growing number of applications, from DeFi to everyday transactions, that demand rapid processing speeds.

   

2. Enhanced Security: By integrating advanced cryptographic algorithms, BlockDAG ensures a secure transaction environment, protecting against common blockchain threats like double-spending and other attacks.

3. Decentralization and Accessibility: The network’s architecture promotes decentralization, spreading out mining power and reducing the risk of centralization. Furthermore, its support for mobile mining democratizes the overall process, allowing users to mine tokens directly from their smartphones, making passive income from cryptocurrency more accessible to a broader audience.

Recent Developments and Market Performance

BlockDAG’s presale performance is nothing short of phenomenal. As of now, the network has raised over $50 million and continues to attract investors at a remarkable rate. This rapid fundraising is a testament to the project’s potential and the confidence the market has in its vision and technology.

In a landscape where many projects struggle to gain traction, BlockDAG’s success is driven by its clear technological advantages and strategic vision. Its ongoing presale, which has already seen the sale of over billions of coins, reflects a strong market appetite and an enthusiastic community backing.

Here’s How You Can Join In

If you’re interested in joining this groundbreaking venture, here’s a straightforward guide to get you started:

1. Visit the Presale Page: Navigate to the BlockDAG Network’s presale page (https://purchase.blockdag.network) to gather all the necessary details about the presale.

2. Create an Account: Start by creating an account if you don’t already have one. This usually involves providing your email address and setting up a secure password.

3. Verify Your Identity: Depending on regulatory requirements, you might need to complete a KYC (Know Your Customer) process. This typically involves submitting identification documents for verification.

4. Connect Your Wallet: Link your cryptocurrency wallet to the BlockDAG platform. Ensure that your wallet is compatible and supports the tokens you plan to use for the purchase.

5. Fund Your Wallet: Make sure your wallet has sufficient funds. You can use popular cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) and BNB for the purchase.

6. Purchase Tokens: Specify the number of BlockDAG tokens you wish to buy, confirm the transaction, and voila! The tokens will be credited to your account.

7. Stay Updated: Join BlockDAG’s community on Telegram, (https://t.me/blockDAGnetworkOfficial) and Discord (https://discord.gg/Q7BxghMVyu) and Twitter ( twitter) to stay informed about the latest developments and updates.

Why You Should Act Now

The BlockDAG presale is moving at a breakneck pace. With the coin price expected to increase to reach $25 in 2025 and as the presale progresses batches, early investors stand to gain the most. This isn’t just about getting in early on a potential price increase; it’s about being part of a revolutionary project that promises to reshape the future of blockchain technology.

Imagine being an early investor in Bitcoin or Ethereum. Those who saw the potential and acted quickly reaped rewards as big as millions of dollars. BlockDAG Network offers a similar opportunity, but with the added advantage of advanced technology designed to overcome the limitations faced by its predecessors.

The project’s combination of speed, security, and accessibility positions it as a leader in the next wave of blockchain technology. Don’t just watch from the sidelines as this revolution unfolds – be a part of it. With its presale accumulating over $500,000 daily, it’s clear that BlockDAG Network is not just another project; it’s a revolution in the making.

Read About BlockDAG Presale:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram:https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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

The post “The Only Presale You Need in 2024” BlockDAG Network Grows at a Speed of $500,000 a Day, A Step-to-Step on How You Can Join In appeared first on CoinChapter.

Harnessing the Crypto Bulls for a Memetic Revolution in Web 3.0

BullRun2024, a pioneering crypto MEME project, announces its official launch, poised to revolutionize the intersection of meme culture and cryptocurrency. In anticipation of the highly anticipated 2024 crypto bull run, BullRun2024 aims to blend the most bullish concepts of the crypto industry with the vibrant and dynamic spirit of meme culture, fostering a new era of creativity, humor, and community engagement within Web 3.0.

$BullRun (Bull Run 2024) is the next big 1000x coin focused on the current Crypto Bull Run 2024, hosted on the hype-driven Solana blockchain.

Did you miss out on the previous 1000x coins on Solana? Don’t let history repeat itself! Join the BullRun2024. The Naruto that over 420 million crypto users around the globe recognize. It’s time for $BullRun to take the lead.

A New Cultural Phenomenon in Crypto

BullRun2024 is not just another meme project; it is a cultural movement designed to capture the essence of the upcoming crypto bull run uniquely and humorously. The project aims to transcend traditional boundaries, creating a space where the crypto community can unite and celebrate the excitement of the 2024 surge through laughter and creativity.

“We believe that laughter is a universal language and that in the world of cryptocurrency, it can serve as the catalyst for a significant movement,” said a spokesperson for BullRun2024. “Our goal is to harness the bullish momentum of the crypto market and infuse it with the innovative spirit of meme culture to create something truly extraordinary.”

A Dynamic Ecosystem for Innovation and Community

BullRun2024’s ecosystem is a vibrant universe where innovation, community, and creativity converge. It offers a range of utilities and perks that celebrate meme culture while providing substantial value and rewards to its members. Key features of the ecosystem include:

– Token Buy Back and Burn: A deflationary mechanism enhancing scarcity and value.

– BullRun2024 Token Rewards: Tokens earned through active participation, redeemable for exclusive perks.

– Meme Contests and Challenges: Regular events with exciting rewards.

– Meme Royalty Program: Profit-sharing for creators of high-quality content.

– Live Meme Events and Shows: Community engagement through live events and webinars.

– Exclusive NFTs for Top Memes: Unique digital assets for top-performing memes.

– Educational Resources: Tutorials, guides, and content to enhance meme creation and crypto knowledge.

– Bullish Merchandise Shop: Exclusive BullRun2024-themed items.

– User-Friendly Meme Creation Tools: Intuitive tools for designing memes.

– Interactive Community Platform: A vibrant space for community interaction.

– Web Portal and Mobile App: A cutting-edge platform integrating various utilities and perks.

Innovative Tokenomics and Strategic Roadmap

BullRun2024 introduces a fixed supply of 1 billion tokens with strategic allocations to ensure stability and growth. Notably, no tokens are allocated to the team, underscoring the project’s commitment to community and investor interests. The project also emphasizes transparency and security through Audit, KYC, and AMA Badges.

Token Details:

– Contract Address: 8KYvHvAbPjcS3q56A11dcYt7ecUFKJkXpz3jqGBDTMbo

– Token Name: Bull Run 2024

– Token Symbol: BullRun

– Max Supply: 1,000,000,000

– Taxes: 0%

– Blockchain: Solana-SLP

Fairlaunch on PinkSale.finance

BullRun2024’s presale is set to commence on June 13, 2024, at 14:00 (UTC) and will run until June 16, 2024, at 17:00 (UTC). Hosted on PinkSale.finance, the fair launch ensures equal opportunity for all participants, with a soft cap of 50 SOL and 100% liquidity burn.

Why Join the BullRun2024 Fairlaunch?

– Equal opportunity for all participants.

– Strategic timing for maximum impact.

– Innovative tokenomics featuring buybacks and burns.

– Massive appeal tapping into global meme culture.

– Secure platform with a comprehensive audit and KYC.

A Vision for the Future BullRun2024’s roadmap outlines a strategic journey towards success, beginning with a powerful presale, integrations with major trading platforms, community building, and extensive marketing. Subsequent phases will focus on ecosystem development, including token burning, meme contests, NFT creation, and launching a user-friendly web portal and mobile app.

“We are excited to invite the crypto community to join us in this revolutionary project,” added the spokesperson. “BullRun2024 is not just about riding the bull run; it’s about creating a lasting impact through creativity, community, and innovation.”

For more information and to participate in the presale, visit Fairlaunch:

https://www.pinksale.finance/solana/launchpad/8NKrQj4aRgAh11vYrrAA69MRKAy6Lkexg4puBGPXKQCkWebsite: https://www.bullrun2024.info/

Telegram: https://t.me/BullRun2024Portal

Twitter: https://x.com/BullRun2024MEME

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

The post BullRun2024 Unveils Revolutionary Crypto MEME Project in Anticipation of 2024 Bull Run appeared first on CoinChapter.

Zimbabwe Seeks Public Input on Cryptocurrency Regulation Key Takeaways

Public Input Needed: Zimbabwe seeks feedback from crypto providers to develop regulations. Comments due by June 26.

ZiG Currency Launched: Zimbabwe introduced a gold-backed currency called ZiG to stabilize its economy.

Debt Reorganization: Zimbabwe is reorganizing $19.2 billion in debt, including $13 billion to international investors.

YEREVAN (CoinChapter.com) — Zimbabwe is inviting public input on cryptocurrency operations to develop regulatory policies. The government announced this in the state-run Herald newspaper on Wednesday.

“In line with global trends and best practices, Zimbabwe is embarking on an exercise to assess and understand the cryptocurrency landscape.” 

Calls for Crypto Industry Feedback. Source: DexBot Seeking Crypto Feedback by June 26

Notably, the Zimbabwean government is calling on all cryptocurrency service providers, whether they operate within the country or offer services to its citizens, to provide comments. This is part of a broader effort to understand and assess the cryptocurrency landscape in the African nation.

A committee has been established to consult with operators in the virtual-asset ecosystem. The government is seeking comments by June 26, ensuring that stakeholders have enough time to contribute their insights.

Zimbabwe Launches Gold-Backed ZiG Currency to Fight Inflation

Zimbabwe has faced financial chaos and high inflation for years. Last year, the country introduced a gold-backed virtual token to address these issues. In April, a new currency known as ZiG, short for Zimbabwe Gold was launched. Moreover, this is the nation’s sixth attempt in 15 years to establish a stable local currency.

Zimbabwe Launches Gold-Backed ZiG Currency. Source: Prof Jonathan Moyo

The ZiG replaced the country’s dollar, which had crashed multiple times since its reintroduction in 2019. The statistics agency started using ZiG as a base for computing inflation in May. Consumer prices fell 2.4% from April to May. Inflation was 57.5% in April, based on a blended measure of the now-abandoned Zimbabwean dollar and the US currency.

Notably, Zimbabwe has been locked out of international capital markets since 1999 due to defaulting on its debts. Moreover, the country is working to reorganize approximately $19.2 billion owed to creditors, including $13 billion to international investors. The debt crisis has significantly impacted Zimbabwe’s financial stability and economic growth.

The post Zimbabwe Seeks Public Input on Cryptocurrency Regulation appeared first on CoinChapter.

Bitcoin ETFs Have $200M Outflow

YEREVAN (CoinChapter.com) — U.S.-listed spot bitcoin exchange-traded funds (ETFs) experienced significant outflows for the second consecutive day. Traders appear to be de-risking ahead of key macroeconomic reports.

Data from SoSoValue shows that eleven ETFs saw $200 million in net outflows on Tuesday, the highest since May 1, which had $580 million in outflows. This development occurred amidst a BTC sell-off, with the asset briefly dropping to $66,200 before recovering.

Bitcoin ETFs Daily Net Outflows. Source: SoSoValue Grayscale’s GBTC Leads the Outflows

Grayscale’s GBTC was the major contributor, accounting for $120 million of the total outflows. GBTC has been the worst-performing ETF by outflows since its launch in January, accumulating $18 billion in outflows.

Bitcoin ETF Flow Table (US$m). Source: Farside Investors

Ark Invest’s ARKB, Bitwise’s BITB, Fidelity’s FBTC, and VanEck’s HODL also saw notable outflows. ARKB recorded $56 million, while BITB, FBTC, and HODL had outflows ranging from $7 million to $15 million. None of these ETFs saw any inflows during this period.

Traders De-Risk Before CPI and FOMC Meetings

The outflows are likely due to traders’ de-risking actions ahead of the U.S. Consumer Price Index (CPI) reading and the Federal Open Market Committee (FOMC) meeting. These events are scheduled for later today and have created a sense of caution in the market. Singapore-based QCP Capital noted,

“Markets are in risk-off mode ahead of CPI and FOMC tomorrow. This month’s FOMC will also release the Dot Plot, which informs the market how many cuts the Fed anticipates for the rest of 2024.”

QCP Capital commented further,

“Despite short-term headwinds, we think this might be a good opportunity to accumulate coin. Bullish events on the horizon include the eventual ETH spot ETF going live along with Biden and Trump in a verbal arms race to win the crypto vote.”

The Federal Reserve is expected to maintain the current interest rate of 5.50%, with a 99.4% probability of no change. However, a Reuters poll of economists indicates that the Fed may cut rates twice this year, possibly beginning in September.

Yellen’s Speech on Friday May Impact Cryptocurrencies

Adding to the market’s cautious sentiment is Treasury Secretary Janet Yellen’s scheduled speech on Friday. Her comments are expected to impact riskier assets, including cryptocurrencies. Past speeches by Yellen have shown that her statements can lead to significant market reactions.

The post Bitcoin ETFs Have $200M Outflow as Traders De-Risk Ahead of CPI and FOMC Reports appeared first on CoinChapter.

Elon Musk Withdraws Lawsuit Against OpenAI

YEREVAN (CoinChapter.com) — Elon Musk has withdrawn his lawsuit against OpenAI and its CEO, Sam Altman. According to court filings in the San Francisco Superior Court on June 11, Musk’s attorneys requested to drop the breach of contract lawsuit without prejudice. This allows Musk to file the lawsuit again in the future if he chooses.

Elon Musk’s lawsuit withdrawal came one day before a federal judge was set to decide whether to dismiss the case or allow it to proceed to the next stage. Musk did not provide a statement about his decision to drop the lawsuit, but the withdrawal leaves some wondering if Elon Musk was bluffing.

Details of Musk’s filing to dismiss the lawsuit without prejudice against OpenAI and Altman. Source: Superior Court of California Musk Sues OpenAI Over Mission Deviation – Withdraws Lawsuit

Musk filed the lawsuit on February 29, 2024. He claimed OpenAI deviated from its original mission to develop AI for the benefit of humanity, not for profit. His complaints focused on OpenAI’s collaborations with Microsoft and the closed-source launch of ChatGPT-4. Elon Musk has since withdrawn the lawsuit.

Screenshot of the lawsuit against OpenAI and Sam Altman. Source: Courthouse News Service

Musk urged OpenAI to return to its open-source principles. He also requested an injunction to prevent the for-profit exploitation of artificial general intelligence (AGI) technology. Musk filed additional complaints about fiduciary duty violations and unfair business practices against OpenAI.

Musk Criticizes OpenAI-Apple Partnership

The latest issue between Musk and OpenAI involves a partnership with Apple. This collaboration will integrate ChatGPT into iPhone, iPad, and Mac operating systems. Musk claims this decision is an “unacceptable security violation” for Apple users, arguing that it entrusts privacy and security to a third party like OpenAI.

Apple, however, maintains that user IP addresses will remain obscured and that OpenAI will not store data requests. Apple emphasized its “privacy promise,” stating,

“It’s aware of your personal data without collecting your personal data.”

Musk’s Competing AI Venture, xAI

In response to OpenAI’s actions, Musk launched the AI chatbot Grok last November. Grok aims to compete with ChatGPT.

Elon Musk Announces Grok Release – Source: @elonmusk

Musk’s AI firm, xAI, secured $6 billion in funding from investors such as Valor Equity Partners, Andreessen Horowitz, Sequoia Capital, and Fidelity Management & Research Company in late May.

The post Elon Musk Withdraws Lawsuit Against OpenAI – Was He Just Bluffing? appeared first on CoinChapter.

Joe Biden memecoins Read CoinChapter.com on Google News

LUCKNOW (CoinChapter.com) — Hunter Biden, the son of President Joe Biden, has been found guilty of lying about his drug use when purchasing a gun. After deliberating for three hours, the jury convicted him on three charges related to the gun purchase. He now faces a maximum sentence of 25 years in prison, though sentencing typically occurs within 120 days.

The verdict elicited little visible emotion from Hunter Biden, who stared ahead stoically with folded arms before hugging members of his legal team. President Joe Biden released a statement saying he would “accept the outcome of the case” while reaffirming his support for his son, stating, “Nothing will ever change that.”

However, the president confirmed he would not pardon Hunter for the guilty convictions despite having the power to do so. The high-profile case has become a political lightning rod, with Republicans criticizing Hunter’s business dealings and the former Trump campaign dismissing the verdict as a “distraction.”

You Might Also Like: Joe Biden’s Veto on Crypto Custody Bill May Cost Him 2024 Election

From BODEN to HUNTBODEN — Memecoins Spill Red and Green

After the courtroom drama, several Joe Biden-themed memecoins experienced volatility and price swings. Here’s how some of the major tokens performed:

Jeo Boden (BODEN)

BODEN/USD Daily Price Chart. Source: CoinMatketCap

The Jeo Boden memecoin is currently trading as BODEN. Its price surged 17.99% over the past 24 hours to $0.1916. However, it has declined 46.57% over the past week. With a circulating supply of 690 million BODEN, the token’s market cap sits at $132 million.

Joe Biden (BIDEN) 

BIDEN/USD Daily Price Chart. Source: CoinMatketCap

This Joe Biden inspired memecoin token saw a 3.26% price decline to $0.008283 in the 24 hours following the verdict. This memecoin is centered around the 2024 presidential election. The total Joe Biden token traded in the past 24 hours is worth around $1.9 million and has a total market cap of $7.83 million.

JOE (BIDEN)

BIDEN/USD Daily Price Chart. Source: CoinMatketCap

The JOE token, distinctly named BIDEN, went up 17.2% to $0.018 with 24-hour trading volumes of $305,833. This memecoin is up 0.36% when compared to the past 7 days. Currently, JOE market cap sits at $567,910.

Joe Biden 2024 (BIDEN)

BIDEN/USD Daily Price Chart. Source: CoinMatketCap

Launched in May on the Solana blockchain, the Joe Biden 2024 memecoin experienced a 5.9% price drop to $0.001778. Despite the recent decline, the token’s market cap surged from $70,000 to $1.7 million within five days of its debut.

Jill Boden (JILLBODEN)

JILLBODEN/USD Daily Price Chart. Source: CoinGecko

The Jill Boden memecoin saw a 7.01% price decline over the past day to $0.00009776, with its price down 29.96% over the last week. Its 24-hour trading volume was $2,067.33.

Hunter Boden (HUNTBODEN)

HUNTBODEN/USD Daily Price Chart. Source: CoinGecko

Representing the president’s son at the center of the controversy, the Hunter Boden memecoin plunged 51.75% to $0.0004728 in the last 24 hours. Its weekly losses totaled a staggering 78.91% amid a heightened 24-hour trading volume of $1,324,684.74.

The post How are Joe Biden Memecoins Performing After Hunter Biden’s Guilty Verdict? appeared first on CoinChapter.

Cardano Ushers in ‘Voltaire’ Era with Governance Upgrades Read CoinChapter.com on Google News

NAIROBI (CoinChapter.com) — Cardano Founder Charles Hoskinson Cardano has announced that its Cardano Node 9.0 update will occur in June, thus marking the beginning of the Chang hard fork and the Voltaire Age. Notably, the Voltaire phase will focus on enhancing Cardano’s governance and decentralization by introducing new voting and treasury controls with a new standard called CIP-1694.

Is Cardano Entering a New Era of Governance?

The Voltaire Age marks a big change for ADA, moving towards more decentralization. CIP-1694 will introduce voting, allowing the community to suggest and fund new projects directly. Charles Hoskinson described this as a key step, seeing ADA as a decentralized global community. The second phase of the Voltaire Age will expand these features, allowing for proxy voting and treasury withdrawals. These features will give Cardano holders more control over funds and decisions.

A snippet of Hoskinson’s post on X

Recent updates include the release of node version 8.9.2, which fixed a peer-sharing issue. Hoskinson is also excited about the upcoming Ouroboros Leios upgrade, aimed at improving transaction speed and scalability. These changes are important for keeping ADA competitive in the blockchain space.

Community Embraces Chang Fork Upgrade

Despite these changes, ADA’s price has shown little movement. Currently trading at $0.4497, Cardano’s value has dropped nearly 30% this year. Data from IntoTheBlock shows that only 32.39% of Cardano holders are making a profit. Still, the average ADA holder keeps their investment for about a year, showing a strong belief in Cardano’s long-term potential.

ADA/USD 1-month price performance. Source: CoinMarketCap

The community has welcomed the news of the Chang Fork. ADA investor Av Sebastian shared his excitement, noting that after the Chang hard fork, Cardano will become the most decentralized asset in the world. All ADA holders will be able to decide how the treasury of 1.5 billion ADA is spent.

Charles Hoskinson remains hopeful about Cardano’s future, stressing the importance of these upgrades for the platform and the industry. These governance changes aim to make ADA a leading blockchain network, building a decentralized global community.

The post Cardano Ushers in ‘Voltaire’ Era with Governance Upgrades appeared first on CoinChapter.

George Town, Cayman Islands, June 12th, 2024, Chainwire

The VGX Foundation has announced a partnership with popular web3 game Honeyland, offering rewards utilizing the VGX token for their players.

VGX is a token that bridges multiple chains and is focused on bridging utility across GameFi and gaming ecosystems.

Honeyland is a popular blockchain-based casual strategy game available on iOS and Android, and one of the top games on Solana. With the new partnership, holders of Genesis Eggs, Bees, or Queens based on a snapshot of holders taken at 17:00 UTC on June 6, 2024, will receive VGX rewards. Thanks to the previously announced partnership with Gala Games, players receiving VGX will be able to take their VGX to Gala Games, where they can purchase a Voyager: Ascension season pass unlocking the ability to earn GVGX rewards.

In addition to the VGX reward for Genesis holders, from June 12 to June 19, there will be a free VGX cosmetic trait available to all Honeyland players in the Honeyland Cosmetic Shop: a VGX-themed “Mad Hatter” style hat. The cosmetic trait can be fused to any Bee, and by doing so will boost the Capacity trait for the Bee.

“We’re always looking for new ways to reward Honeyland players,” said Corey Wright, CEO at Honeyland. “Thanks to this partnership with the VGX Foundation, we’re able to offer exciting new rewards to our players whether they’ve been with us since the beginning, or are joining today.”

The VGX Foundation’s mission is to increase the number of projects integrating and using the VGX token, growing the number of users able to access and use the token across web3 gaming. For more information, visit www.vgxfoundation.com.

For media inquiries, please contact Melrose PR at (310) 260-7901 or Info(at)Melrosepr(dot)com

About VGX Foundation

The VGX Foundation leads the evolution of decentralized gaming economies through its dynamic blockchain-based gaming token, VGX. Serving as an in-game currency and reward mechanism, VGX empowers diverse gaming communities. The VGX Foundation actively fosters growth by facilitating grants and partnerships for game developers and platforms, enabling the expansion of the token’s use case and nurturing a thriving VGX ecosystem.

Contact

Account DirectorJonthan DuranMelrose PRjonathan@melrosepr.com

The post VGX Foundation and Honeyland Partner to Offer VGX Rewards for Players appeared first on CoinChapter.

Lisbon, Portugal, June 12th, 2024, Chainwire

Azuro, the leading liquidity layer for onchain predictions, is using Olas, the principal network for autonomous AI agents, to leverage their AI stack for the development of an autonomous agent capable of operating across the Azuro ecosystem.

Azuro is the frontrunner infrastructure layer for sport and entertainment prediction markets within EVM chains. Over 25 apps are operational on the protocol, with many others already in the works. Its innovative liquidity pool design, sophisticated tooling and oracle solutions allow apps to deploy without upfront investment or running costs, saving them valuable development resources that can be directed to user acquisition, engagement and monetization instead.

Transaction volumes on Azuro have been expanding consistently and rapidly over the past year, standing at $350+ million as of this writing, along with a protocol revenue in excess of $3M+, thus becoming the number 1 revenue-generating protocol on Polygon recently.

Olas, known for its composable stack that supports the development of autonomous services, provides a framework for building advanced autonomous agent technology. These AI agents, while running off-chain, are represented on-chain by smart contracts.

This union offers Olas AI technology the opportunity to access the fastest-growing prediction markets ecosystem. The Azuro AI agent will be capable of learning how to accurately predict outcomes of sports events. To maximize its learning, the agent will be retrofitted with data from Azuro markets. This AI agent, once operational, will be able to autonomously analyze, and operate in prediction markets on Azuro, enriching the ecosystem with data-driven insights and predictive capabilities for all participants.

“We are setting the basis for the development of AI agents that can effectively integrate and operate within the Azuro ecosystem. Long term, this integration could unleash a new era in market analysis and empower new applications for prediction markets beyond sports, such as political forecasting, and other entertainment events,” stated Rossen, core contributor at Azuro.

This is an exciting advancement for developers and users of Azuro prediction markets alike. Aside from the creation of the AI agent, Azuro will host a hackathon to provide tools and frameworks for the development of new autonomous agents and the expansion of use cases in prediction markets.

About Azuro

Azuro is the onchain predictions layer. It consists of modular tooling, oracle and liquidity solutions for EVM chains to host powerful prediction and gaming apps. With its unique infrastructure layer approach Azuro makes on-chain predictions and gaming portable and composable. It allows anyone to engage and monetize users by building apps, integrations, and products quickly, permissionlessly and with zero upfront or running costs.

For more information or press inquiries:

Website: https://azuro.org/

Docs: https://gem.azuro.org

Github: https://github.com/Azuro-protocol

Onchain activity: https://dune.com/azuro/stats 

About Olas

Olas enables everyone to own a share of AI, specifically autonomous agent economies. Olas is a unified network of off-chain services – like automation, oracles, and co-owned AI. It offers a composable stack for building these services, and a protocol for incentivizing their creation. Olas enables operating these services in a co-owned and decentralized way.

For more information or press inquiries, users can visit:

Website: https://olas.network/

Docs: https://docs.autonolas.network/

Contact

Azuro teamteam@azuro.org

The post Azuro Steps Into AI Using Olas to Predict Sports Event Results appeared first on CoinChapter.

GDMining, a leading cloud mining platform founded in 2021, is committed to providing efficient and profitable cloud mining services. Located in St Asaph, UK, GDMining has built a reputation for reliability and user-friendliness, attracting a global user base.

GDMining offers a streamlined process for individuals interested in cryptocurrency mining. The platform’s three-step approach ensures that users can begin mining quickly and with minimal effort. The first step involves signing up with a valid email address, with new users receiving a $50 bonus upon successful registration. Next, users choose from a variety of cloud mining contracts designed to offer stable and risk-free returns. Finally, users start earning immediately, with daily profits deposited directly into their accounts and no withdrawal fees.

GDMining’s range of contracts caters to different investment levels. The platform offers contracts like the Free Bitcoin Mining trial with a $50 investment, yielding $1.00 in daily rewards, and more extensive options such as the BTC Advanced Mining Contract #3289, requiring a $30,000 investment and providing $750.00 in daily rewards. All contracts guarantee the return of the initial investment upon contract expiration, ensuring no risk of losing funds.

GDMining prioritizes stable profits and fast, regular payouts. The system processes all withdrawal requests within five minutes, ensuring users have quick access to their earnings. The platform’s inclusivity is evident in its user-friendly design, making it accessible for both beginners and experienced miners. GDMining’s experienced investment team and IT experts employ market-leading technology to provide reliable and profitable cloud mining solutions.

GDMining’s robust infrastructure includes six state-of-the-art mining facilities located in Russia, Iceland, Kazakhstan, and other strategic locations. This global presence supports users from over 200 countries, providing a reliable and efficient mining experience. With over 500,000 active members and significant volumes of deposits and withdrawals, GDMining has established itself as a trusted name in the cloud mining industry.

How to Get Started with GDMining：

①Sign Up: Visit the GDMining website and sign up using a valid email address. New users receive a $50 bonus immediately upon successful registration.

②Choose a Contract: Browse the available cloud mining contracts and select the one that suits your investment level and goals. Contracts vary in price, duration, and daily rewards, providing options for all types of investors.

③Start Earning: Once a contract is purchased, daily profits are automatically deposited into the user’s account. Withdrawals are processed promptly with no fees, and users can choose their preferred cryptocurrency for withdrawals.

Trending Contracts：

GDMining offers a variety of contracts to meet different investment needs. Some of the popular options include.

In conclusion：

GDMining provides an accessible pathway to generating substantial income from home through cloud mining. With dedication, strategy, and ongoing learning, you too can unlock the full earning potential offered by this innovative platform. Join GDMining now and witness your income rapidly grow in 2024!

For more information, please visit the official website:https://gdmining.com/

Disclaimer: The statements, views and opinions expressed in this press release are solely those of the content provider and do not necessarily represent those of CoinChapter. CoinChapter will not be responsible in any way for the content of the same. Do your research and invest at your own risk.

The post GDMining Expands User Accessibility with New Cloud Mining Contracts and Fast Payouts appeared first on CoinChapter.

Binance is one of the top crypto exchanges that has gained global traction. Despite the challenges the exchange has faced with SEC, its native token, BNB, has witnessed massive rallies, hitting an all-time high of $718. This has triggered massive adoption of the token. Aside from Binance, one of the top crypto coins on an upsurge is Monero, which has seen investors’ interest grow.  Meanwhile, Angry Pepe Fork (APORK) is another top crypto coin that is making waves in the market. With its Conquer to Earn feature, analysts tip it to return 50x in the coming months.

Angry Pepe Fork Gears Up for a Major Bullish Surge

Angry Pepe Fork is a revolutionary meme coin that wants to conquer the crypto market. The project aims to dominate other meme coins and establish itself as one of the best cryptos in the world. For investors who missed the Pepe rally, APORK is not a project to miss. It is the hottest Solana based meme coin set to outshine top meme coins in 2024. 

Angry Pepe Fork is not just a meme coin; it is an opportunity for the APORK army to earn through the conquer-to-earn model. The staking dApp will be live at presale to give users an opportunity to earn. As the APORK army conquers more zombie meme coins, the APY increases. Also, individuals who showcase their bravery on the battlefield are rewarded with APORK tokens. 

Meanwhile, the $APORK token is in stage 1 of the presale and sold for $0.014. Those who purchase now will get a 10% bonus on all purchases. While other meme coins do not have a fixed supply, APORK is different. The meme coin has a fixed supply of 1.9B, which will help to keep the value in check. Some analysts pick it as one of the top crypto coins to buy and forecast 250% in the presale. 

Meanwhile, the ecosystem is already in talks with partners to add more utilities. With its community-driven approach and upcoming partnership, APORK is set to take the market by storm. As such, analysts see APORK as the next 100x Solana-based meme coin and believe it will topple the likes of Dogwifhat and Bonk in 2024. We recommend you check it out. 

Binance Price Prediction – Is $1000 Feasible in 2024?

Even with the ongoing challenges faced by the Binance exchange, its native token, BNB, has maintained resilience. In the past few days, the BNB price has surged, smashing its previous 2021 record to set a new ATH record of $720 on June 6. Although the return of the bears has depleted the token, analysts are optimistic of a rally soon. 

According to CoinMarketCap data, the BNB price has surged by 165% in the past year and 8% in the past month. Meanwhile, the BNB trading volume has increased, with over $4.2B in daily trading activity, signalling the dominance of the bulls. With the bullish BNB market sentiment, notable analysts are projecting a rebound soon. As such, major BNB price predictions tip it to $1000 in 2024. 

Monero Price Outlook: XMR Poised To Reach $200

Monero (XMR) is among the best coins to invest in now with a bullish market sentiment. As per CoinMarketCap stats, Monero price has grown by 33% in the past month and 13% in the past week. Over 16 key market indicators are green with both the Monero trading volume and market cap in the uptrend. 

Zooming in, the technical analysis suggests an upcoming rally, with the token trading above the 50-day and 200-day SMAs. Also, the Monero Fear and Greed index shows extreme Greed (78), which shows it is in the accumulation zone. Monero has had 21 green days in the past month, which makes it one of the best crypto coins to buy now. With more rallies, the XMR price could hit $200 in June. 

Visit Angry Pepe Fork Presale

The post BNB Reaches New ATH While Monero Sees An Upsurge, Is Angry Pepe Fork Up Next? appeared first on CoinChapter.

London, United Kingdom, June 12th, 2024, Chainwire

Doggy AI (DOGYAI)has swiftly accumulated over $101,000 in its presale shortly after launch, and the DOGYAI team sees this as an encouraging start in the meme coin market.

Built on the Ethereum blockchain, Doggy AI combines meme culture with advanced AI technology. It aims to attract a broad community by offering daily staking rewards, with the potential for participants to enhance their holdings efficiently.

Presale Achievements and Allocation

The presale of Doggy AI has already surpassed $101,000, with no hard cap specified in the whitepaper. Thirty percent of the token’s 69 billion total supply is allocated for the presale. The allocation plan also designates 20% for staking rewards, 10% for community incentives, 10% for exchange liquidity, 20% for marketing efforts, and the remaining 10% for project support and expansion.

Users can purchase DoggyAI $DOGYAI here. 

Innovative Technology Meets Meme Culture: The New Era of Crypto Marketing

Doggy AI is rallying its vibrant community with the goal of ascending to the pinnacle of the meme coin market, showcasing a progressive model of modern community engagement.

This project caters to a wide range of investor profiles by integrating advanced AI technology within a meme coin format. It appeals to both traders interested in high-risk ventures and those focused on long-term value.

Doggy AI aims to emulate the success of similar ventures like Corgi AI and Turbo, which have effectively merged advanced technology with meme culture.

However, Doggy AI stands out from its predecessors in several ways. First, its playful name and branding capture the contrarian essence of memetic culture. Additionally, its staking rewards are designed to mitigate the volatility typical of meme coins.

Staking Rewards and Market Strategy

The staking supply will be gradually released over two years, initially targeting early participants for rewards. The team hopes these rewards will decrease as more users join the staking pool.

However, these significant rewards are reserved for early participants, as the staking benefits will diminish as more users join the staking pool. The team plans for the prices to rise progressively throughout the presale, rewarding early investors with greater value for their investment.

$DOGYAI is currently trading at $0.000289, but the next uptick will occur in one day or when the total raise hits $714,285.71.

Users can follow Doggy AI on X or join its Telegram to stay updated.

Project Name: Doggy AI 

Token Name: $DOGYAI

Deployment Network: Ethereum

Soft Cap: $8,835,000

Hard Cap: $10,000,000

Presale Start Date: 07/06/2024

About DoggyAI

DoggyAI ($DOGYAI) introduces a unique fusion of meme. culture and artificial intelligence to the cryptocurrency ecosystem. By leveraging AI technology and the viral nature of memes, DoggyAI aims to create a fun, engaging, and rewarding experience for its community.

Contact

Marketing ManagerThomas BellinghamDoggy AIMarketing@web-3-media.com

The post Doggy AI Presale Reaches Over $101,000 Shortly After Launch appeared first on CoinChapter.

BlockDAG is distinguishing itself in the cryptocurrency arena with its successful presale and innovative strategies. While Sei Coin may surge by 20% and Bitcoin Cash is experiencing a significant upswing, BlockDAG captures attention with robust influencer backing and a detailed strategic plan.

The presale has successfully amassed over $48.5 million, drawing substantial investor interest. Influential figures like Danjo Capital Master back BlockDAG, boosting its appeal and encouraging more participation. With an expedited mainnet launch and the rollout of the X1 Miner app on the horizon, BlockDAG is poised for impressive growth.

Sei Coin Poised for a 20% Increase: Here’s the Rationale

Despite the general downturn in the crypto market, Sei (SEI) remains robust, promising a bright investment outlook. While Bitcoin dips, Sei retains its value, solidifying its market position. Poised at a critical 70.5% Fibonacci level of $0.6375, Sei is on track for a potential climb to $0.8797 and possibly $1.00.

Positive signals from the Relative Strength Index (RSI) and Awesome Oscillator (AO) support a bullish forecast. Growing investor interest, driven by these optimistic indicators and solid technical support, positions Sei for notable gains, making it an appealing investment choice.

Bitcoin Cash Enjoys Surge Amid Positive Market Sentiment

Bitcoin Cash (BCH) has recently surged impressively, capturing the interest of the crypto community and sparking broad discussion. Over the last 24 hours, BCH’s value soared by 71%, climbing from $284 to a peak of $484. This rise contributes to a 22% increase over six months, with a yearly growth of 46%, culminating in a market cap of $361.4 million. Market excitement is fueled partly by speculation that major financial centers might adopt BCH for transactions, enhancing its trading volume.

A significant $150 million BCH transfer between major wallets suggests active market participation and potential future price increases. With 93% of its maximum supply of 21 million BCH already in circulation, its rarity could further augment its value. The vibrant Bitcoin Cash community also plays a key role in managing market fluctuations.

BlockDAG’s Keynote 2 Highlights: Influencer Endorsements and Strategy Unveiled

BlockDAG’s recent keynote emphasized the importance of its strategic planning and strong backing from influencers, which are critical to its success. The presale has successfully garnered over $48.5 million, capturing substantial interest. Prominent supporters like Danjo Capital Master advocate for BlockDAG, highlighting its innovation and the deep trust it commands within the investment community.

These endorsements have significantly boosted BlockDAG’s profile and trust, leading to increased investor activity. The presentation also detailed BlockDAG’s strategic plans, which include speeding up the launch of its mainnet, introducing the BlockDAG Explorer, and rolling out the X1 Miner application. These initiatives aim to improve the user experience and functionality of the platform, thereby appealing to a wider audience.

After its notable moon keynote, there was a spike in activity on BlockDAG’s website, with BDAG prices jumping by 1120%. The platform has managed to sell more than 11.3 billion coins, raising over $48.5 million. The release of the X1 beta app for Android and iOS devices has also drawn a large number of users. This app facilitates simple and effective crypto mining on smartphones without consuming excessive data or battery.

Industry experts foresee BDAG reaching $1 by 2024, a substantial increase from its current presale price of $0.0122. This predicted growth makes BlockDAG an attractive investment option for those eager to leverage the latest crypto market developments.

The Last Call

BlockDAG’s remarkable presale achievements and strategic efforts establish it as the foremost investment opportunity. While Sei and Bitcoin Cash also present attractive prospects, BlockDAG’s blend of market support, technological innovation, and strategic planning secures its position as the leading choice for investors.

Poised to potentially reach $1 in 2024, BlockDAG is set to dominate the crypto market, offering substantial returns to early investors. This altcoin’s innovative approach and growth prospects make it an enticing investment for the future.

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

The post Analysts Predict BlockDAG Reaching $1 In 2024, Presale Nears $50M Amid SEI And Bitcoin Cash Progress appeared first on CoinChapter.

Key Takeaways:

Bitcoin started another decline from the $72,000 resistance.

BTC/USD traded below a key bullish trend line with support at $69,000 on the daily chart.

The price could decline heavily if it fails to stay above the 50-day simple moving average (blue) and $66,000.

Bitcoin price Read CoinChapter.com on Google News

NEW DELHI (CoinChapter.com) — Bitcoin price is testing crucial support at $66,000. BTC could recover and retest $72,000 unless the bulls fail to protect the $66,000 support zone.

Bitcoin Price Takes Hit

After a steady increase above the $70,000 level, Bitcoin’s price failed again to clear the $72,000 resistance zone. This caused a sharp bearish reaction. If the bears remain in action, a double top could be in the making.

There was a drop below the $70,000 and $69,000 levels. On the daily chart, BTC traded below a key bullish trend line with support at $69,000. The price settled below the 23.6% Fib retracement level of the key increase from the $56,710 swing low to the $71,920 high.

Bitcoin price daily chart | Source: BTC/USD on TradingView.com

Bitcoin price tested the key support at $66,000 and the 50-day simple moving average (blue). The bulls are putting up a strong fight near the $66,000 zone.

If the double top pattern plays out, there could be a sharp decline. A daily close below $66,000 and the 50-day simple moving average (blue) might send the price toward the $64,400 support or the 50% Fib retracement level of the key increase from the $56,710 swing low to the $71,920 high.

If the bulls fail to protect the $64,400 support, the price could decline further. In this case, it might decline toward the $60,300 support.

Another Increase In BTC?

Conversely, Bitcoin could stay above $66,000 and start a fresh increase. Immediate resistance on the upside sits at the $68,400 zone. The first major resistance is now forming near the $70,000 zone. If BTC price breaks the $70,000 resistance, it could spark a strong increase.

The next key resistance is $72,000, above which the price could gain bullish momentum. In this case, the bulls could even aim for a move toward the $75,000 region.

Today, the Fed will announce interest rates. The market is positioned for no rate cuts. However, Elizabeth Warren recently sent a letter to Jerome Powell asking for rate cuts, signaling politicians’ desperation to reduce rates.

BREAKING ELIZABETH WARREN HAS SENT A LETTER TO JEROME POWELL ASKING FOR RATE CUTS POLITICIANS ARE NOW TRYING TO INFLUENCE FED TO DO RATE CUTSTHIS IS BULLISH FOR RISK-ON ASSETS LIKE BITCOIN AND CRYPTO pic.twitter.com/AaQQkvhsW7

— Ash Crypto (@Ashcryptoreal) June 11, 2024

Overall, Bitcoin is consolidating gains above the key support at $66,000 and the 50-day SMA. BTC must stay above $66,000 to bounce back and avoid a major decline in the coming days.

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