The post CoinPoker Announces Zero Withdrawal Fees, $500 CSOP Main Event Crypto Giveaway appeared first on Coinpedia Fintech News

A few days after launching its annual $1 million guaranteed CSOP tournament series, crypto poker site CoinPoker is making headlines again for removing all withdrawal fees on its platform. 

Renowned as the largest crypto-based poker site and casino around the world, CoinPoker has been ticking all the right boxes to provide poker enthusiasts with a combination of exciting and rewarding gameplay. 

CoinPoker CSOP

On April 19, CoinPoker began its annual Crypto Series of Online Poker (CSOP) Spring tournament series. 

One of the biggest online poker tournament series in the bustling poker sector, CoinPoker’s annual CSOP Spring tournament has captured the imagination of both high rollers and casual gamblers who are seeking to compete for huge prize pools.  

This year’s edition kicked off amid weekend high-roller cash game action between the Lithuanian-Australian poker legend Tony G and several whales. The high-stakes action which saw Tony G win over $300k pot has successfully drawn the attention of scores of poker enthusiasts across the globe to CoinPoker’s tournaments.

To celebrate this Sunday’s CSOP main event, the poker room also launched a crypto giveaway on their Twitter, allowing participants to win a $500 ticket awarding free entry to that event.

Participants were only given some simple tasks to do – follow CoinPoker on X (Twitter), retweet the post, and comment with their CoinPoker username. If they do those three things, win the $500 ticket, and then take down the CSOP main event they stand to win $40,000 (in USDT, equivalent to USD).

#CoinPokerGiveaway ($500)! Here we go again! There will be one lucky Twitter / X follower who will play the #CSOP Main Event (March 28th at 18:30 GMT) for free! Buy-in = $500 GTD = $100,000 3 steps to participate1⃣ Follow @CoinPoker_OFF2⃣ RT this post… pic.twitter.com/TzS6WHAMde

— CoinPoker (@CoinPoker_OFF) April 23, 2024

CoinPoker Fees Now Zero For Withdrawals

Above all, CoinPoker’s decision to embrace a zero-withdrawal fee policy while also providing a rare opportunity for poker enthusiasts to compete for $1 million crypto prizes further enhances its market appeal and credibility. 

Since the beginning of the week, CoinPoker has been featured on prominent publications like Decrypt and Benzinga, becoming the most-talked about online casino right now. 

CoinPoker is following in the footsteps of top crypto betting sites like Rollbit, which also has zero withdrawal fees – only blockchain network fees apply. 

With the zero withdrawal policy, CHP, the native token of the poker site, could even be set to replicate the success of Rollbit’s RLB. 

In the last 12 months, the RLB price has risen by over 670%, positioning it as one of the top gainers in the market. 

Prior to the announcement of the zero withdrawal fee policy by CoinPoker, CHP was down by 1.85% in the last 30 days. In reaction to the news, it jumped up on the price charts by a noticeable proportion. 

According to CoinmarketCap, CHP is up by 2.13% in the last 24 hours, indicating that it’s on a recovery path. This development has drawn a comparison between CHP and RLB. 

CHP’s utility lies in rakeback – holders of the site’s native token earn 33% rakeback.

Analysts are optimistic that CoinPoker could even gain more ground and bite into the market share of Rollbit with its ongoing CSOP tournament series and zero withdrawal fee policy. 

CoinPoker was founded in 2017 and already has a reputation for hosting some of the largest tournaments in the world, such as a $100k buy-in event in 2022.

It hosted the largest online poker pot in history – also in 2022 – and still today has some of the biggest cash game pots we’ve seen so far in 2024. 

More On The CSOP

After kicking off again on April 19, 2024, CoinPoker’s flagship CSOP tournament series has gathered huge momentum, making major headlines of top publications. 

While announcing its commencement on X, the CoinPoker team revealed that the event will run for ten days (April 19 – April 28), featuring 41 high-octane events with $1 million in total prizes up for grabs. 

The event also included freerolls fo low stakes players alongside exciting $20 CSOP openers and $50 MonsterStack events. Game types include progressive knockout (PKO) tournaments, Pot Limit Omaha (PLO) and No Limit Hold-em (NLHE) events, “MonsterStack” events, and the $500 entry grand finale takes place on Sunday, April 28. 

Apart from the $1 million in crypto prizes, an additional $10,000 prizepool has also been put in place to reward the best-ranked leaderboard players. 

As such, if the goal is to win amazing crypto prizes with poker tournaments, try out CoinPoker’s CSOP event. 

Visit CoinPoker

The post Top Reasons Why PEPE Price Is All Set To Hit ATH Soon appeared first on Coinpedia Fintech News

The cryptocurrency market valuation slipped around 4 percent in the past 24 hours to about $2.48 trillion at the time of this report. Bitcoin (BTC) price has experienced significant bearish pressure after a death cross between the 50 and 100 SMA and a red 9 candlestick from the TD Sequential on the 12-hour time frame.

Meanwhile, cryptocurrency traders have shifted focus to the meme coin industry, significantly overshadowing utility-based altcoins. Furthermore, the meme coin industry has grown to over $54 billion in market cap and an average daily traded volume of about $6.2 billion.

PEPE Price Enrute for ATH 

Amid the ongoing cryptocurrency correction post-fourth Bitcoin halving, Ethereum-based meme coin Pepe (PEPE) has surged over 53 percent in the past seven days to trade around $0.00000726 on Thursday during the mid-London session. The recent Pepe perpetual futures listing 1000PEPE-PERP on the Coinbase International Exchange and Coinbase Advanced significantly contributed to Pepe’s bullish outlook.

$PEPE is showing a clear bullish flag pattern breakout, indicating potential for breaking all-time highs. Source: CryptoCove pic.twitter.com/KXrNhMliXV

— Bitcoinsensus (@Bitcoinsensus) April 25, 2024

According to a popular crypto analyst alias Captain Faibik, Pepe’s price against the US dollar is on the cusp of reaching a new all-time high. The crypto analyst noted that Pepe’s price has already broken out of a bullish flag after a six-week correction phase 

However, Pepe’s price must consistently close above the current support level on the weekly chart to ensure the bullish momentum continues in the near term.

Why Bet on the Meme Coins

Liquidity in most meme coins is expected to improve in the coming months as more investors participate in the market. The rise of dog-themed meme coins led by Dogecoin (DOGE) and Shiba Inu (SHIB) in the past bull cycles has inspired a new generation of meme coins. 

Moreover, most blockchains and web3 projects are using meme coins to spur adoption and increase on-chain activity.

 

The post Dogecoin Price Slides But Traders are Backing Dogeverse to See Big Gains appeared first on Coinpedia Fintech News

Dogecoin has struggled today amid a broader market pullback, falling by 7%.

However, the newly launched multichain meme coin Dogeverse has continued to display strength, recently surpassing $10 million in its presale.

Dogecoin Slides but Remains Bullish, According to Trader 

Dogecoin has suffered a severe retracement than the market average today, but one prominent trader remains optimistic about its long-term potential.

DOGE is currently trading at $0.1498, down 7% today, up 0.5% this week, down 13.4% this month, and up 90% this year. 

It holds a $21 billion market cap and a $1.4 billion 24-hour trading volume, up 27% today.

Prominent analyst Ali Martinez, who goes by Ali Charts on X, weighed in on Dogecoin’s current price action in a tweet this week. 

Martinez noted that Dogecoin is currently trading within a consolidation zone after breaking a macro trendline resistance level. The analyst highlights that this is standard procedure following Dogecoin’s macro breakouts, with the same pattern forming the previous two cycles.

In the analysis, he explained, “Dogecoin is showing its classic pattern once again! DOGE is currently consolidating after breaking out from a descending triangle.”

He continued, “Based on past trends, we might see DOGE rocket towards $1 in the coming weeks.”

Martinez then displayed a price chart overlaid with a potential upcoming trajectory for the market-leading meme coin. Based on this overlay, DOGE could be headed to highs of $5 this cycle.

In an earlier tweet, the prominent trader underscored that Dogecoin “remains the most important altcoin” in the meme coin sector. 

He also explained his bullish outlook on Dogecoin’s based on its price action:

“From a technical perspective, DOGE seems to mirror the 2018-2021 pattern. If so, DOGE could be at the very beginning of a massive parabolic bull run.”

Indeed, Ali Martinez’s analysis presents an optimistic outlook for the future of Dogecoin, helping investors to overlook the ongoing consolidation with hopes of an impending uptrend continuation.

But while Dogecoin has struggled this month, the new meme coin Dogeverse is presenting a solid alternative, with its presale recently surpassing the $10 million total raised mark.

Will Dogeverse Be the Next 100X Meme Coin After Raising $10M?

The meme coin market frequently gifts courageous degens with 100x opportunities, and analysts believe Dogeverse may be the next.

It has already raised over $10 million in its presale, which shows investors are rallying behind the project.

However, top media outlets and industry experts are also on board. In addition to features in heavyweight outlets like CryptoPotato, Cointelegraph, and Watcher Guru, leading analysts like Jacob Bury have speculated it holds 100x potential.

This unwavering momentum derives from Dogeverse’s one-of-a-kind use case: it is the first multichain Doge-themed cryptocurrency.

The project is launching across the six hottest smart contract-enabled blockchains. It is already live on Ethereum, Polygon, Base, BSC, and Avalanche and will soon be available on Solana, too.

By breaking down crypto’s “garden walled” limitations and bypassing blockchain fragmentation, Dogeverse unites different communities under the banner of one enigmatic meme coin.

But besides the idealistic benefit of ending blockchain traiblism, Dogeverse’s multichain approach thrives with tangible advantages.

Its widespread accessibility enhances its demand potential and negates the risk that single-chain cryptos face of users potentially migrating to a different network.

However, those looking to buy should act quickly. The Dogeverse presale price will increase throughout the campaign, with the next rise in six hours or when the total raise hits $11.2 million.

Visit Dogeverse Presale

The post Hidden Crypto Gem Quietly Growing TVL While Rewarding Users With USDC appeared first on Coinpedia Fintech News

As Octoblock attracts attention for generously rewarding users with USDC, it is executing a remarkable growth trajectory by steadily nurturing its TVL. Octoblock is regarded by prudent investors as a hidden crypto gem reshaping the crypto arena by providing stability and rewards through USDC airdrops. It accords investors an early wealth generation activity during presale through ICO staking.

Octoblock: Hidden Crypro Gem For Wealth Creation

Octoblock depicts all the signs of a hidden crypto gem ready to explode. Crypto analysts with experience researching new projects agree that Octoblock’s approach is a fool-proof passive income generator for investors. It delivers its strategies through interconnected systems each striving to excel in its role. The Crowd Funded Yield Farming approach (cFyF) handles investors’ welfare in their quest for inclusivity and high returns. The cFyF approach will grant investors the autonomy to pool resources and participate in activities maximizing their potential.

The hidden crypto gem will facilitate a simple, secure, and fast interoperable platform connecting diverse blockchain networks and offering support for all cryptocurrencies. It will enter through the Coral Cove DEX.. The platform will allow transfers, conversions, and several transactions making it a multi-chain initiative.

Octoblock participates in philanthropic pursuits through the Tentacle Trust strategy that utilizes 5% of the Nautilus Trove profits to fund charitable organizations dealing with marine ecosystems. The identification process features a vote by investors on the suitable organization to consider.

The hidden crypto gem’s wealth creation strategy is made possible by the Nautilus Trove, a platform applying dual strategy and Beefy Finance to balance investments and profit distribution. This strategy exposes investors to immediate earnings through rewards with high APY. The Trove applies ICO staking, arbitrage, and farming to generate high APY for distribution to holders and other causes. 

OCTO ICO and USDC Rewards

Octoblock is amidst a fast-rising ICO in phase four at $0.038 with a 12% bonus and guaranteed entry to Tesla giveaway and other monthly draws through the Saltwater Sweepstake. The monthly draws consider the holder’s OCTO token holdings and distribute rewards as per a timed snapshot. The rewards are through USDC and act as appreciation for confidence in the project.

Each purchased token guarantees one entry into the Tesla giveaway draw whose eventual winner will get a new Tesla EV.

USDC airdrop rewards are distributed to all ICO participating addresses every Monday and the amounts vary as per the holder’s OCTO portfolio. The OCTO platform’s previous airdrop featured a high APY of 185.5% while this week’s APY was 165%. There was a notable increase in the platform’s TVL as it gradually moved from the previous $22,804 to current levels at $27,394. Octoblock has clocked $1750.05 in rewards through OCTO and USDC airdrops.

More information here:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/

The post Best 4 Altcoins Priced Under $1 To Buy In April 2024 appeared first on Coinpedia Fintech News

With the 2024 bull market already underway, it is very important to buy the right altcoins for maximum gains. But investors face one major dilemma: what altcoins present the best potential for profitable returns? 

Let’s consider 4 altcoins priced under $1 that you must have in your portfolio before the month ends. They are Ripple (XRP), Dogecoin (DOGE), Kaspa (KAS), and ETFSwap (ETFS)

Ripple (XRP) Among The Top Altcoins

Founded in 2012, Ripple (XRP) is one of the oldest altcoins in the current crypto world. Even at that, it has constantly stayed in the news due to its long-standing tussle with the Securities and Exchanges Commission (SEC) of the United States of America. And while the Ripple firm has had some remarkable wins lately, the tussle is still ongoing.

If the Ripple (XRP) firm gains a complete victory over the SEC, it may very well send the token blasting to all-time highs (ATHs). So, now is the time to buy and position yourself well for a potentially groundbreaking pump. 

Dogecoin (DOGE) Is The Meme Coin Leader

Dogecoin (DOGE) has always shown itself as one token that is never to be underestimated. It has had 5 major pumps through the years, fuelled by retail interest, general crypto rallies, and public support from notable celebrities like Elon Musk. 

Therefore, it is very possible for the leading meme coin to pull another impressive. Its price moves so fast that something as small as a tweet, another crypto market rally, or a wave of retail interest will send it racing to euphoric highs. It is better, therefore, to hold some in your portfolio and be ready to cash out on your profit when the pump starts.    

Kaspa (KAS) Among Promising Altcoins

Kaspa (KAS) is a layer 1 blockchain that offers instant transaction validation by processing transactions parallelly instead of sequentially. This decentralized approach implements both speed and scalability, along with robust security. Thus, Kaspa (KAS) claims to have solved the blockchain trilemma with its unique protocol.

Therefore, with a current price of $0.12 and a market cap of about $2.8 billion, Kaspa (KAS) is primed for a 10x or even more. Even though it is currently in a negative price trend, that only means it has more room to run upwards. 

ETFSwap (ETFS) Is Here For DeFi

ETFSwap (ETFS) is an innovative crypto platform that aims to change the way we relate with exchange-traded funds (ETFs) by tokenizing them on the blockchain. This unique perspective has brought much-needed liquidity to the crypto ETF space, ensuring that you can trade them as easily as you trade tokens on any decentralized exchange.

To further its decentralization goal, ETFSwap (ETFS) enables a KYC-less procedure for all its transactions. It has also provided a seamless link between cryptocurrencies and ETFs, ensuring that you do not need to first convert ETFs to fiat before converting to crypto.

Also, it offers various ETF products and tools to cement its place as the top platform for trading crypto ETFs. Some of the products it offers are commodity ETFs, market ETFs, and fixed-income ETFs. It also provides unique ETF tools like ETF screener, ETF filter, and a leverage tool to amplify your profit potential by up to 1000%. 

The platform is still in its infancy, representing greater potential than the other tokens on our list. The website is already up and running, and Cyberscope has already carried out a comprehensive audit of the project and its smart contract, giving it a high rating for safety.

The ETFSwap (ETFS) token presale is currently ongoing, and each token is selling fast at $0.00854. This price will increase to $0.01831 when the second stage of the presale starts, and it won’t be there for long. With an expert prediction of up to $1 for each ETFS token when the platform fully launches, you could get as high as a 10,000% profit if you invest now.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community  

The post Experts Predict Bitgert Coin Price Surge in the Coming Week appeared first on Coinpedia Fintech News

Starting from the emergence of the crypto industry in 2019, the reception has been on high, with many favouring it as an approach to completing monetary exchanges.

Throughout the long term, we have seen so many cryptocurrencies coming to the spotlight, each with its particular contributions to financial backers while some others made for the sake of fun. Investors seeking returns seek for cryptos that can give expected returns to them

We are right now seeing the semblance of Bitgert surprising the cryptocurrency space, drawing investors because of how rewarding it has been. Early investors have been able to make mouthwatering returns from it.

We’ll talk about the reasons why Bitgert has become so popular in this market with investors predicting a massive surge in it.

Super Scalability Of Bitgert Has Given Experts Confidence In A Possible Price Surge In Coming Week

Finding a project that allows smart contracts and other Defi services without sacrificing top performance in terms of speed and efficiency is a challenge that many investors in the crypto industry face. Bitgert’s scalability has set it on full motion to the top.

Bitgert’s recent success is largely due to this. Bitgert tracked down the ideal harmony between offering required types of assistance and keeping up with versatility to the most elevated level. Numerous international investors have paid attention to Bitgert’s singular offering.

With Bitgert’s blend of the Verification of Stake agreement system (PoS) close by the Confirmation of Power component (PoA), Bitgert has had the option to accomplish simple calculations without being restricted in the speed of handling exchanges.

Bitgert has risen to the top of the crypto ecosystem as a result of this and experts are confident that with the growing demand, a price surge in the coming week is inevitable.

Bitgert, On The Radar Of Experts And Investors

Excellent meme coins have emerged from the ecosystem over the years. Millionaires have been made with Pepe, Shiba Inu, and many other coins.

Bitgert has outperformed the accomplishments made by its predecessors because of its different methodology.

Adaptability and effectiveness can’t be matched by some other coin as Bitgert is one of the quickest in the biological system. Bitgert has a handling rate of 100k exchanges each second making it relentless.

In addition to speed, investors can take advantage of Bitgert’s best smart contracts and Defi-related benefits without having to pay gas. Because of this, numerous industry investors and experts are currently keeping an eye on Bitgert with positive speculations on a possible surge moving across the industry

Wrapping Up

The cryptocurrency market is preparing for energizing times with the bull run unavoidable. Due to their innovative approach that guarantees investors a profitable season, Bitgert have already established itself as the best investment option with experts positive of an upsurge this coming week

Despite the obvious potential of Bitgert and the other tokens mentioned, conducting research is crucial. Know more via the website.

The post Analysts Bullish on BEFE Coin Price Outlook appeared first on Coinpedia Fintech News

Speculators have been interested in the BEFE coin lately and most analysts are speculating a bullish run on the meme coin. It is still a revelation that is shocking most crypto traders right now judging by how BEFE is just a newcomer in the meme coin space. But, a critical look at what has been driving the price action of this meme coin might give a clue into how the price analysis might be something closer than we expect.

For most meme coins, the development team pays for speculations, and this is simply what you see Twitter influencers do now and then. But, since the entrance of BEFE into the meme coin market, it has been changing the whole narrative of what the meme coin is all about. To see the full picture of the way BEFE has been changing the market movement since the last few months it joined the market, let’s try to talk about some of its strategies.

Community Driven Speculative Engagement 

The speculations about BEFE have been mostly from information analysts picked up from its community members. And right now, there are a lot of talks about BEFE online. The community has been actively dropping hints about the profit potentials of BEFE, including the fun engagement among members all around the world. The community is gradually growing better than just a meme coin community. It is now looking like a meme family.

The hype around BEFE has been growing faster than anyone could expect of any meme coin because most meme coins are just there to gain attention for a few weeks. But, since the attention started shifting to BEFE for the past few months, it has only been growing rather than slowing down with the passing days. Analysts believe that with the growing influence of this meme coin in the social media space, we might see great potential for a bullish run.

Getting New Investors Onboard Through Other Exchanges

The BEFE coin team has been trying its best to see BEFE getting to everyone, which means they are working to cover more demographics. A major strategy the team has been using to reach this goal is through increasing the exchanges where BEFE is traded. Uniswap and Pancakeswap are two of the many options available for BEFE.

With this reach, more investors are getting into the meme coin environment and according to how the price action has been adjusting lately, a bull is in view.

Check the BEFE website today to learn more.

The post ETH Price Survival Above $3K Under Question, Bulls Face Heat? appeared first on Coinpedia Fintech News

With an overnight fall in the crypto market, the altcoins took a huge hit and promptly halted the recovery rally. Amidst the crash, the biggest altcoin, Ethereum, dropped overnight as the ETH price declined 2.50%. 

As the recent hiccup coupled with the broader market fear of an intense correction, warns of a drop to $3000. However, the long-term price trend and the history of Bitcoin Halving bringing an altcoin season teases a potential bull run. 

Check our ETH price prediction to learn more about Ethereum’s coming range.

Final Nail Or The Last Pullback?

With a market cap of $382 Billion, Ethereum has declined over the past few weeks, accounting for an 18% drop. However, the ETH price fall takes support at the 50% Fibonacci level at $2850.

TradingView

The recent correction prolongs the consolidation in the weekly chart between the 50% and 61.80% Fibonacci levels. However, the lower price rejection from 50% Fib level leading to the sustenance above $3000 teases a bullish break. 

Currently, the ETH price trades at $3140 with an intraday Doji candle reflecting an indecision in the altcoin. Considering the market avoids any further dip, Ethereum could find an opportunity to restart the uptrend. 

Technical indicators:

MACD: The bearish crossover in the MACD and signal lines in the weekly chart results from the recent pullback phase. However, a bounce back from the 50% Fib level in ETH price could restart the positive trajectory. 

DMI: The ADX line witnesses a downtick, reflecting a loss in trend momentum. Further, the VI lines are preparing for a bearish cross due to the pullback phase. 

Will ETH Price Challenge To $4,000?

Considering the bull run revives for the biggest altcoin, ETH price could break the overhead resistance of $3265 and signal a breakout entry opportunity. The bull run might challenge the solid resistance of $4000, resulting in a 25% rise. 

Conversely, the chances of a drop to $3,000 are minimal but concernable. 

The post Bitcoin Funding Rates Goes Negative Just Before Halving – Is a Bear Market Imminent? appeared first on Coinpedia Fintech News

Bitcoin’s funding rate, a key metric in the crypto derivatives market, has turned negative for the first time since late 2023, signaling a bearish shift in market sentiment. This unexpected occurrence comes just two days before the anticipated Bitcoin halving event, raising questions about its implications for investors and traders.

Bitcoin Funding Rate Turns Negative 

Renowned market data provider Kaiko has revealed that Bitcoin’s funding rate dipped into negative territory just before the recent halving event on April 20. This marks the first time in 2024 that the funding rate has turned negative, indicating a possible shift in market dynamics. 

Funding rates for $BTC perps turned negative for the first time since late 2023 in the lead up to the halving. pic.twitter.com/MjiU4C1L5m

— Kaiko (@KaikoData) April 24, 2024

The halving, which reduced Bitcoin’s block reward from 6.25 to 3.125 BTC, has already begun to impact the cryptocurrency landscape.

Meanwhile, a negative funding rate suggests that short positions are paying long positions, potentially signaling increased bearish sentiment among traders. This trend was observed on April 18 when Bitcoin’s aggregated funding rate across major derivatives markets dropped to -0.0030. 

The last time Bitcoin’s funding rate entered negative territory was on Oct. 19, 2023, highlighting the significance of this recent development.

Resurgence of Bullish Sentiments

Despite the brief period of negative funding rates, Bitcoin’s sentiment has seen a resurgence following the halving event. The funding rate has since recovered, and aggregated open interest (OI) has increased from $15.55 billion to $17.18 billion. 

Additionally, the BTC Long/Short Ratio has risen to 1.46, indicating a shift towards bullish sentiment among market participants. On the other hand, Trader Oasis, an author at CryptoQuant, highlights that the declining funding rate bodes well for BTC. 

Macroeconomic Factors At Play

Analysts attribute the renewed bullish sentiment to broader macroeconomic factors, including global inflationary pressures and geopolitical uncertainties. With its finite supply and perceived role as a hedge against inflation, Bitcoin continues to attract investors seeking refuge from traditional market volatility. 

Moreover, increasing institutional adoption further validates Bitcoin’s status as a legitimate asset class.

Bitcoin’s Price Analysis

Despite recent fluctuations, Bitcoin’s price remains at $64,218, reflecting a 3.75% decline for the day. Its market capitalization stands at $1.26 trillion.

The post Top 3 Trending Altcoins for 2024: Chainlink (LINK), Solana (SOL), and Rollblock (RBLK) appeared first on Coinpedia Fintech News

With the crypto market having undergone a downtrend in the past seven days, the market is currently green, triggered by a Bitcoin price rally on April 8th, 2024, to trade at $72,000. Additionally, the most anticipated Bitcoin halving is also closing in, meaning investors are currently on the lookout for potential altcoin cryptos that can help rebalance their buy-and-hold portfolios. Their main focus is cheap assets, offering a higher growth potential in 2024.

This includes altcoins like Chainlink (LINK), Solana (SOL), and Rollblock (RBLK). These trending altcoins have managed to record impressive price action, with some even hitting new highs with the Bitcoin rally. Rollblock a new altcoin, having secured all necessary legal permissions and licenses for a lawful operation, will offer its investors a chance to enjoy 100x returns on investment—making it one of the best altcoins to invest in.

Chainlink (LINK) MVRV Ratio Massively Drops

In a volatile crypto world, Chainlink (LINK) seems to have captured the attention of analysts and traders alike with a recent plunge in the Market Value to Realized Value (MVRV) ratio. According to crypto analyst Ali Martinez, the dipping MVRV 30-day ratio for Chainlink coin offers a historic buying opportunity, promising an impressive return of around 50%. According to CoinMarketCap, the price of Chainlink is trading at around the $12.80 mark.

Ali Martinez also noted that at the moment, the LINK MVRV 30-day ratio stands at -17.54%, suggesting that this might be the right time to buy into the Chainlink coin dip. For people who are not familiar with the MVRV ratio, it’s a metric that’s used to assess an asset’s market value relative to the crypto’s realized value. If the rations significantly drop, it’s often an indication that the asset is normally undervalued and might present quite an attractive buying chance, as is the case with Chainlink.

Solana (SOL) Price on a Recovery Trajectory

Designed to facilitate the easy creation of decentralized apps, Solana (SOL) seems to be making huge waves within the altcoin market of 2024. Solana price, having peaked at $185 on April 8th, 2024, witnessed a 10% bounce within the past week. This high momentum soar was attributed to the bullish tailwinds from positive non-farm payroll data. Something that highly boosted the price of Solana and the associated risk assets upwards. Currently trading between $124.89 and $129.10 according to CoinMarketCap, the price of Solana might also undergo a price push with the incoming Bitcoin halving event.

Additionally, Solana coin market data highlights that different investors are betting on a further upside. Something that has been backed by market analysts who seem to foresee the price prediction of Solana rising over the $200 mark within the coming weeks. Despite the Solana price having hit the over $200 mark severally in March 2024, the altcoin failed to establish a reliable support level above its milestone territory.

Rollblock (RBLK): Emerging as a Top Contender in the Crypto Market

Amid all this, a new project seems to be captivating many investors within the altcoin market. This unique and outstanding Rollblock platform is set to be a game changer for the traditional online gaming ecosystem, as it will incorporate both blockchain technology and cryptos. With blockchain technology as its pillar, Rollblock intends to offer its users a rapid transaction system topped with low transaction fees.

Additionally, the token holders will have a chance to enjoy a revenue-sharing model, where they will get to enjoy a certain percentage of the casino’s daily revenue. This unique feature and its approach to its token burn mechanism outline its outstanding passive income capability as a platform.

Moreover, Rollblock also intends to bridge the gap between the highly valued gaming market which is predicted to have a valuation of around $682 billion by 2030. The platform’s tokenomics model is also designed to foster utility, encouraging player participation while guaranteeing long-term viability. Something that highlights Rollblock’s dedication to creating a reliable ecosystem that provides mutual benefits to all participants.

Currently at its stage one presale, where the RBLK token is going for just $0.01, Rollblock seems to be on the right trajectory to becoming the best altcoin of 2024. Analysts have also outlined their price prediction for Rollblock, with many of them foreseeing up to 100x price growth once RBLK is listed among the top crypto exchange platforms in Q3 of 2024.

Is the Rollblock Altcoin set to outshine Chainlink and Solana?

Chainlink and Solana are well-established altcoins with a stronger hold on the altcoin market. However, despite their resilience, Rollblock coin is also emerging as a strong competitor, which ranks it among the best altcoins in 2024.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino 

The post BTC Price Drop Pressures $60K, Will Bulls Return For Breakout? appeared first on Coinpedia Fintech News

The recovery rally that started last weekend in the crypto market remains short-lived, as the BTC price took a huge dip last night. The downfall comes with twists and turns in the misinterpreted relationship between Blackrock and HBAR. The first-ever zero inflow day for $IBIT and the looming 3-year jail time for CZ fuel the market fear. 

Despite Bitcoin Halving, turning the tide for a brief period, the bearish gears are turning again. So, with all the growing tensions in the market, the 3% drop in Bitcoin warns of another drop to $60,000 or even lower if the fear outgrows. 

As the market volatility grows, will Bitcoin make a comeback in May? Will the Bitcoin Price Prediction of $100,000 in 2024 come true? So, let’s have a closer look at the BTC price chart to analyze the upcoming trend. 

Bitcoin Price Performance

With the Bitcoin market cap down to $1.265 Trillion, a decline of 12% from the peak of $1.451 Trillion, the bears are gradually gaining control. Further, the 27% rise in trading volume bolsters the correction spree, warning a drop to $60,000.

Tradingview

As mentioned in our previous analyses, the BTC price action sustains a bullish flag, and ongoing correction marks a short dip within. Further, the bearish takeover creates an evening star for the $63,000 zone retest. 

With $156 Million in long liquidation market-wide, the sellers outshined last night, per Coinglass. 

The evening star delays the bullish crossover in the MACD and signal lines, reflecting a struggle in a trend reversal. Further, this delays the highly anticipated flag breakout rally. 

Currently, the BTC price trades at $64,297 and forms a Doji candle following the 3.25% drop last night. With a reflection of bearish exhaustion, the market could bounce back over the weekend. 

Will Bitcoin Dominance Breakout Lead To A New Bull Run?

Bitcoin dominance reflects the percentage of Bitcoin’s share in the overall crypto market over that of altcoins. With the Bitcoin ETFs at play, the dominance of BTC over altcoins is expected to increase in 2024. 

Tradingview

As per the logarithmic monthly chart, Bitcoin’s rising dominance is ready for a trendline breakout. However, it is a pivotal stand and could result in a bearish turnaround. Hence, this month’s dominance candle will play a crucial part in reflecting the upcoming Bitcoin price trend.

A breakout will bolster the $100,000 dream. Meanwhile, a reversal could put additional pressure on the $60,000 psychological mark. 

Will BTC Price Survive Above $60,000?

With a bullish reversal struggling to sustain momentum, the overnight drop puts a dent in the uptrend. However, the buyers are actively pushing for a breakout with the flag pattern sustaining and the strong demand at $60,000. 

With another drop in the crucial support, the recent correction brings another buying opportunity. As per the Fibonacci levels and the market-wide anticipation,  a breakout rally could ignite a bull run to the $100,000 mark, with minor pitstops at $75,000 and $88,000.

The post Baby DogeCoin Price Surges 15% With Zero-Fee Strategy appeared first on Coinpedia Fintech News

Baby DogeCoin (BABYDOGE), one of the top dog-themed meme coins that thrived from Elon Musk’s tweet, rallied over 15 percent in the past 24 hours despite the general crypto bearish sentiment. With a fully diluted valuation of about $882 million, the small-cap meme coin saw its daily average traded volume triple to around $17 million. 

What Influenced Baby Doge Coin Spike

The sudden spike in Baby DogeCoin was largely influenced by the overwhelming support of the new DAO proposal for 0 percent fees to transfer, buy, and sell on the BNB Chain. Remarkably, the DAO proposal received over 98.89 percent community support. As a result, BABYDOGE can now compete with other top-tier meme coins like Floki (FLOKI) and Solana-based projects in trading volume. 

Exciting Update! An overwhelming 98.89% of voters have chosen in support of 0% fees, potentially enhancing your interactions with our beloved #BabyDoge making our meme easier to interact with Exciting times ahead for the #BabyDogeArmyVote now below … https://t.co/qZKcvrllOg pic.twitter.com/6adhNuaAAW

— Baby Doge (@BabyDogeCoin) April 25, 2024

Over the past years, buying, selling, or transferring BABYDOGE has cost holders up to 10 percent tax, making the meme coin unattractive to small meme coin traders and whale traders.

“Lowering fees to 0% may make Baby Doge more accessible to a wider user base. A 0% fee may encourage more frequent usage and transactions. The proposal noted that a 0% fee structure positions Baby Doge as a more attractive option than other memes with higher transaction costs, potentially drawing in new user adoption and use cases,” the proposal noted. 

The Downside 

The overwhelming support of the new DAO proposal to lower transaction fees to zero means BABYDOGE will not be conducting its usual monthly burns. Additionally, the team announced that it can now tap on the unlocked tokens, amounting to $100 million worth of BABYDOGE, to increase the number of team members, among other expenses.

The $BABYDOGE price has been consolidating in a macro triangular pattern for more than two years. However, the $BABYDOGE price signaled a bullish season ahead after a breakout from a macro-falling logarithmic trend and retested the upper border of the triangle. 

The meme coin price rebounded in the last two weeks from the recent crypto correction. Furthermore, the weekly Relative Strength Index (RSI) rebounded on the 50 level for the first time.

The post Pushd E-Commerce to Disrupt Online Retail, Aiming to Outshine eBay with Support from Stellar and Uniswap Communities appeared first on Coinpedia Fintech News

In the constantly evolving crypto market, different coins witness a variety of activities around their communities. While technical analysis of Stellar suggests a possible increase in value in the near future and Uniswap sees an optimistic price movement, Pushd enters the crypto space with an innovative platform that revolutionizes the retail sector.

While traditional e-commerce platforms face different challenges, Pushd aims to solve all those challenges, making selling and buying more convenient for users. Meanwhile, Pushd e-commerce aims to disrupt online retail and outshine eBay with support from both Stellar and Uniswap communities.

Technical Analysis For Stellar

After a steady upward trend, Stellar was rejected at approximately $0.1365 versus the US dollar. As a result, Stellar’s price tested the $0.115 region and fell below the $0.12 support level. An upswing could happen if Stellar successfully breaks over the $0.12 resistance zone. Furthermore, once Stellar touches the daily high above the $0.114 resistance level, it is probably going to cross above the 9-day and 21-day moving averages. 

Stellar is currently trading at $0.1157, up more than 6% over the previous seven days. But after the most recent recovery, Stellar is probably going to climb closer to the channel’s upper edge to intensify the bullish momentum. However, Stellar may likely touch the resistance levels of $0.150, $0.160, and $0.170 to push the price higher if the bulls in the market start an upward trend.

Analyzing Uniswap’s Direction

If a whale’s recent behaviour is any indication, Uniswap may see a significant upswing in value in the upcoming weeks. For the first time, a whale reportedly removed his Uniswap holdings from Binance, according to Spot On Chain. There were 121,871 tokens in all, worth $954,000. The participant’s withdrawal of Uniswap tokens from the exchange suggested that they have no intention of selling them anytime soon. This was a hint for optimistic price action. 

A few weeks prior, Uniswap had a sharp decline following the public disclosure by the U.S. SEC that it may file a lawsuit against Uniswap Labs, the company responsible for the token’s development. Around the token, this news created FUD (Fear, Uncertainty, and Doubt). Aside from that, Uniswap’s cost dropped to $5.86. Nonetheless, the cryptocurrency’s value has grown by 7.37% during the past seven days, with a market value of $8.

Pushd E-Commerce to Disrupt Online Retail

Pushd is poised to revolutionize the online marketplace by addressing the common challenges sellers and buyers face on platforms like eBay and Amazon. Additionally, buyers are subjected to rigorous Know Your Customer (KYC) processes, and sellers may experience delays in receiving funds. PayPal holds payments for up to 90 days post-transaction. Users can buy, sell, and auction goods instantly using crypto without undergoing KYC checks. 

Unlike traditional marketplaces, Pushd boasts considerably lower fees, with instant deposits and withdrawals eliminating the need to wait for funds for several days. Presale investors not only benefit from the potential for significant gains but also earn a revenue share of platform fees proportional to their token holdings. Pushd tokens, now in Stage 6 of their presale and priced attractively at $0.144 per token, offer a compelling investment opportunity.

Find out more about the Pushd presale by visiting the website here

The post TRON & Stellar Investors Find Refuge in Raffle Coin Amid Solana’s 23% Decline, Eyeing 25X Gains appeared first on Coinpedia Fintech News

The recent decline in the price of Solana has caused some investors to be jittery about the fate of altcoins amid market volatility. Thus, TRON and Stellar owners are trying to get ahead of the market by seeking new projects with a high-profit potential to keep the value of their assets intact. It is no surprise that the Raffle Coin project, with its 25X profit potential, is one of the projects being considered.

TRON: Trading Volume Down As Investors Lose Patience 

TRON market statistics are unfavorable, and they project a long-term downward trend. Its price fell by 5.7% in the last month, and the downward trend continues this week, where it has already lost 0.1% of its value.

Analysts believe the coin is going through market correction and will stabilize in the coming weeks, but the trading volume tells a different story.

TRON’s 24-hour trading volume is down 17%, meaning investors have lost confidence in it and are dumping it to capitalize on profitable crypto projects. 

Stellar Price Appreciates But Still A Long Way to $1

Stellar has had its fair share of market volatility. The platform recently launched an upgrade on its leading network. The update is expected to boost the platform’s growth and instill confidence in owners.

Although Stellar’s monthly chart still shows a 12% price fall, its weekly chart shows an upward trend at an 8.7% increase. Investors hope this trend will continue and break the $1 barrier.

Stellar is currently trading at $0.1171. Due to its low trading volume, some analysts predict that the price will stay within that range for some time, making the $1 goal still far from reality.

Raffle Coin Offers 25X Gains and Refuge From Harsh Market Conditions

Raffle Coin is a decentralized gaming platform. This platform promises an exciting online gaming experience and cool rewards for users. Users who play these games have the chance to win prizes like clothes, cars, vacation vouchers, cryptocurrencies, and more.

New users can sign up on the Raffle Coin website with only their username and email address. The platform guarantees anonymity and secure transactions. It also provides a swap service, where you can exchange your tokens for other crypto assets with 0% commission charges.

This platform is an early-stage crypto project. It has a high growth potential and is an excellent opportunity for investors to protect their assets from volatility while making more profits. 

Presale investors in this project will earn extra money from the revenue generated from the platform. They will also get voting rights in planning, policy, and platform development. Raffle Coin currently trades at $0.020.

Learn more about this blue-chip crypto with the potential for 25X gains on the website.

The post NEAR Protocol’s Robust Rise Complemented by Koala Coin’s (KLC) Steady Debut, as Fantom Continues to Thrive appeared first on Coinpedia Fintech News

Much like the gold rushes of yesteryears, today’s cryptocurrency market is a hotbed of opportunities. Amidst this fervour, the stage one presale of Koala Coin (KLC), currently priced at $0.014, shines with potential and ignites FOMO among discerning investors.

Embracing the Whimsy of Koala Coin (KLC): A Unique Crypto Journey

Koala Coin (KLC) is not just another token in the vast crypto space, but a symbol of joy and unity. It emphasizes community and meme culture by leveraging a secure blockchain for seamless transactions. Offering governance rights, rewarding staking and a rich meme culture, Koala Coin (KLC) promises a mix of entertainment and financial autonomy, encouraging investors to join its rising trajectory.

Beyond a mere digital currency, Koala Coin (KLC) welcomes users into an ecosystem where finance meets fun. Its commitment to building a global community that is bound by laughter and dreams, is its unique appeal. Holders of Koala Coin (KLC) are part of a fellowship, guiding the future of the coin in a landscape ripe with possibilities. This sense of belonging stirs an irresistible FOMO as Koala Coin (KLC) charts an unparalleled path in the crypto world.

Harnessing the Power of Innovation: NEAR Protocol (NEAR) in Focus

NEAR Protocol (NEAR) stands as a state-of-the-art blockchain platform for decentralized applications (dApps), known for its efficiency and user-friendliness. The sharding technology of NEAR Protocol (NEAR) addresses major challenges in blockchain scalability and accessibility, making it attractive to developers and users seeking reliable decentralized solutions.

With its current price of $7.55, the recent surge of NEAR Protocol (NEAR) includes a weekly increase of 17.85% and a monthly rise of 24.37%. These figures underscore the significant market position of NEAR Protocol (NEAR), complementing the promising start of Koala Coin (KLC) and the steady growth of Fantom (FTM).

Fantom (FTM): A Beacon of Scalability and Efficiency

Fantom (FTM) stands out as a scalable and secure smart-contract platform, capable of bypassing older blockchain systems’ limitations. The Lachesis consensus mechanism of Fantom (FTM) ensures fast and low-cost transactions, pivotal for decentralized application development and digital asset creation.

With a current price of $0.959, Fantom (FTM) shows consistent performance with a weekly increase of 3.94% and a monthly growth of 20.06%. The upward trajectory of Fantom (FTM) reinforces its market stronghold, alongside the growth of NEAR Protocol (NEAR) and the debut of Koala Coin (KLC), signalling a healthy ecosystem ripe for innovation and growth.

Don’t Miss Out: The Unstoppable Ascent of Koala Coin (KLC)

Koala Coin (KLC) stands out by transcending the usual crypto offerings with a vibrant community at its heart and a unique blend of fun and finance. As NEAR Protocol (NEAR) and Fantom (FTM) flourish in their domains, Koala Coin (KLC) advances with an irresistibly charming and unifying force. It offers investors not just gains but a journey. With memes and finance converging, Koala Coin (KLC) creates a path to success filled with laughter. This is your moment, to embark on the Koala Coin (KLC) adventure, where the ordinary is surpassed and partakes in a movement beyond currency.

Check out the coolest meme project around at the official website here

The post Ripple/XRP & TRON Supporters Globally Attracted to Fezoo Exchange Presale Amid Market Instability appeared first on Coinpedia Fintech News

Legal battles and regulatory scrutiny aside, the all-new Fezoo Exchange presale has drawn the attention of Ripple and TRON supporters worldwide. One is a pro-XRP lawyer, John Deaton, who is battling for Coinbase customers, and the other is TRON founder Justin Sun, who is caught up in an SEC lawsuit.

Fezoo, on the other hand, provides a place for stability amid the turbulence that has characterized the markets through its decentralized architecture and vital security details. Fezoo is an exceptional proposition with an attractive presale price and a comprehensive feature set in this ever-evolving crypto landscape.

Ripple: Legal Battles and Political Ambitions

Pro-XRP lawyer John Deaton has entered the scene in the ongoing legal drama as the legal representation for 4,701 Coinbase customers fighting against the United States Securities and Exchange Commission. Deaton’s advocacy goes wider, focused on the emphasis of the human factor in the need to protect individuals seeking financial independence rather than just on crypto. His actions come amidst a Coinbase interlocutory appeal following a court’s ruling denying its motion to dismiss the SEC lawsuit. 

That puts Deaton at the center of several legal battles related to crypto, including the SEC lawsuit against Ripple Labs, further asserting his involvement in defending the interests of the crypto community. Moreover, his dabbling in politics with a senatorial seat opposing crypto-skeptic Senator Elizabeth Warren further brings to the fore his zeal for fighting for policies that are accommodating towards crypto.

TRON: SEC Lawsuit Intensifies

The founder of TRON, Justin Sun, faces an escalation in the U.S. Securities and Exchange Commission’s legal chase over the allegations of jurisdiction because of his extensive travels within the United States by any associated entity. According to the SEC, the amended complaint alleges that the many U.S. trips Sun took purportedly on behalf of the Tron Foundation and others were a basis for jurisdiction. This again follows the allegations of selling unregistered securities, this time through TRON and BitTorrent tokens, and using manipulative trading practices.

While Sun has sought to fend off the lawsuit by relying on predominantly foreign conduct, the SEC does not remove its focus on promoting and selling tokens to U.S. consumers and investors. The legal dispute between Sun and the SEC underlines the regulatory challenges cryptocurrency projects are trying to face in a global landscape.

Fezoo Exchange: A Haven Amidst Market Turbulence

With the market fluctuating, the presale of Fezoo has been the talk of the crypto-verse. Many investors are joining in, especially those looking for stability and innovation. Fezoo is a decentralized crypto trading exchange platform that provides investors with refuge from the usual storms of financial markets. This presale is tempting as it offers a decentralized architecture that removes intermediaries and gives users control of their assets. 

At just $0.013 per token, Fezoo offers a great entry for any smart investor with solid security and powerful features. Their commitment to security, including full audits and securing the investor’s part, reinforces credibility and trust. All this comes at a time when the presale of Fezoo from all corners of the world is a stronghold of stability and an opportunity amidst the chaos that engulfs the crypto space.

Find out more about the Fezoo (FEZ) presale by visiting the website here.

The post BlackRock’s Non-Involvement Revelation and Its Effect on Hedera’s HBAR Token appeared first on Coinpedia Fintech News

Archax and The HBAR Foundation have introduced tokenized BlackRock ICS US Treasury money market fund offerings. It is meant to expand its MMF lineup on Hedera and Ethereum blockchains. This step aims to provide institutional stability and yield in the current interest-rate environment.

CEO Graham Rodford talks about offering a variety of MMFs, while Ownera’s Ami Ben David mentions spreading them through their FinP2P network. Shayne Higdon from The HBAR Foundation sees this as a big vote of confidence in Hedera’s system.

Hedera’s HBAR token doubled in value after the announcement that BlackRock’s U.S. Treasury money market fund had been tokenized on Hedera’s blockchain. However, the token fell by 25% when it became clear that BlackRock wasn’t directly involved in the tokenization. BlackRock confirmed it had no commercial relationship with Hedera.

BlackRock’s Clarification on Hedera Relationship

Following the tokenization, Blackrock released a statement that it has “no commercial relationship” with Hedera Hashgraph (HBAR) and denied choosing Hedera to tokenize its funds. This declaration has caused a major reformation in the token price of HBAR.

It followed a surge of over 100%. Some crypto critics claim that BlackRock is directly involved in this tokenization effort. Yet, a spokesperson of BlackRock issued an official statement that this is a false allegation. In this regard, he addressed myths about BlackRock and why the firm had nothing to do with the tokenization process.

Read more: HBAR’s BlackRock Rollercoaster: 100% Surge, 47% Plunge, What’s Next?

HBAR’s Rollercoaster: Surge on BlackRock Confusion, 32.8% Drop Despite High Trading

HBAR’s price initially surged due to confusion over BlackRock’s involvement in tokenizing a fund. Later, it adjusted when it was clarified that BlackRock was not directly involved. Despite this, HBAR remained up 31.3% with trading volume up 2,657%. Hence, it was benefiting from increased trading.

However, as of the latest update, the HBAR price dropped 32.8% in the past 24 hours, from $0.176 to $0.118. Archax CEO Graham Rodford clarified the situation. He stated that while Archax chose to tokenize shares of BlackRock’s money market fund on Hedera, BlackRock was unaware of this decision and not actively involved. He emphasized that Archax has been leading the tokenization project.

Hence, BlackRock’s role was only limited to being informed and providing feedback on the project.

Therefore, Archax and HBAR Foundation’s link-up with BlackRock must have contributed to HBAR’s value at the beginning. However, eventually, it led to a massive price drop due to misconceptions. This exposes the volatile nature of the crypto market. In fact, it also highlights the importance of clear communication in blockchain initiatives.

Read more: Hedera Price Prediction 2024, 2025-2030: Will HBAR Price Rise To $1?

The post Diamante Blockchain Invites Developers to Leverage Its Protocol, Diamante Net, for dApp Innovation appeared first on Coinpedia Fintech News

Abu Dhabi, UAE, April 24, 2024 – The pioneering US-based AI and blockchain entity, Diamante Blockchain, invites developers and tech enthusiasts to utilize their proprietary blockchain, Diamante Net to build innovative dApps that are sustainable and scalable. As a part of the ongoing development of the ecosystem, the company opens up its peer-to-peer network to developers and tech-savvy individuals from across the globe.

Diamante Net is a 4th gen, layer 1 open-source blockchain protocol, enabling instant transactions with super speed, enhanced transparency and security. Its robust consensus mechanism results in reduced latency and low transaction fees. The Diamante network offers a hybrid ecosystem for developers to build use cases for virtual banking, digital identity, supply chain management, CBDC solutions, metaverse applications, and so on.

“We invite developers from across the globe to join our ecosystem and leverage the network’s features to build decentralized applications that solve real-world challenges,” said Arijit Biswas, CTO of Diamante Blockchain. “This is a unique opportunity for developers to contribute to the growth of the Diamante ecosystem and also align their ambition with our mission utilizing our one-of-a-kind protocol,” he added.

Diamante Blockchain provides tools and resources that help develop distinct dApps that cater to the needs of various industries. “We encourage developers to explore the wide range of Diamante resources to develop dApps and drive forward the next wave of innovation,” said Chirag Jetani, Co-founder and COO of Diamante Blockchain. “The decentralization and interoperability features of our network enable developers to easily integrate their dApps with other blockchains as well. Above all, our network is developer-friendly and offers comprehensive documentation that ensures a smooth development process,” he added. Diamante network’s seamless communication and collaborative capability make it stand at the forefront of the technology revolution. Thus, the Diamante network is paving the way for a new era of dApp innovation while shaping the future of decentralized technologies.

About Diamante Blockchain

Diamante Blockchain is committed to innovating with its protocol, Diamante Net, aiming to drive blockchain adoption globally. They focus on creating an inclusive, open-source environment that empowers developers and users alike, facilitating value creation and efficiency across borders. With a strong belief in community and collaboration, Diamante Blockchain strives to enhance the security and scalability of blockchain infrastructure, ensuring a sustainable and equitable digital future for all.

For developers interested in exploring Diamante Net, visit https://developers.diamcircle.io/#/ or please contact:

Name: Lalit ChoudharyTitle: Chief Marketing OfficerEmail: lalit@diamanteblockchain.comMobile: +91 9833103731Telegram: @oldmonnk86 

Website URL: www.diamanteblockchain.com | www.diamcircle.com | www.paycircle.io

The post FTX Co-Founder Sam Bankman-Fried Strikes Deal with Investors, Escapes Civil Liability! appeared first on Coinpedia Fintech News

Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has settled with a group of FTX customers who filed a class-action lawsuit against him. FTX Co-Founder Sam Bankman-Fried Strikes Deal with Investors, Escapes Civil Liability

As per court documents filed in Miami, Bankman-Fried has agreed to assist the plaintiffs’ attorneys in recovering funds from celebrity promoters and venture capital firms associated with FTX. In return, the customers have agreed to drop their civil lawsuit against him.

Settlement Agreement Reached

Under the terms of the settlement agreement, Bankman-Fried has agreed to assist the plaintiffs’ attorneys in their efforts to recover funds from celebrity promoters and venture capital firms that endorsed FTX. 

The agreement, which is subject to judicial approval, requires Bankman-Fried to provide testimony, documents, and financial information to support the plaintiffs’ litigation efforts. This includes disclosing details of his assets and FTX’s investments in other ventures, such as the AI startup Anthropic. 

If approved, the settlement will release Bankman-Fried from current and future civil liability related to FTX’s collapse.

Bankman-Fried’s cooperation comes amid his conviction for fraud and subsequent sentencing to 25 years in prison. Despite appealing his conviction, he has chosen to collaborate with the plaintiffs’ attorneys to resolve the legal proceedings.

SBF’s Commitment To Cooperation

In a recent statement Bankman-Fried’s spokesperson Mark Botnick, said his client is focused on making things right. Since FTX collapsed, Bankman-Fried has been working hard to give back what’s owed to customers and make sure they’re compensated fairly.

The lawyers representing the customers agreed that it’s tough to go after Bankman-Fried legally. They said his cooperation is really important for the ongoing legal process.

Other FTX Executives Agree for Settlement Too

On the other hand, former FTX executives, including Gary Wang, Caroline Ellison, and Nishad Singh who testified against Bankman-Fried are also seen settling with investors and are providing information to support the plaintiffs’ case.

Statement of U.S. Attorney Damian Williams on U.S. v. Samuel Bankman-Fried, Caroline Ellison, and Gary Wang pic.twitter.com/u1y4cs3Koz

— US Attorney SDNY (@SDNYnews) December 22, 2022

However, the settlement leaves high-profile celebrities, sports stars, and social media influencers who promoted FTX as the remaining defendants. This group could face legal scrutiny for their roles in endorsing the exchange to investors and customers.

While, Bankman-Fried is currently in custody in New York. He plans to appeal both his conviction and the punishment he got.

The post DogeMob Expands Ecosystem with Game Development, Staking, Exchange Listings, and Enhanced Governance appeared first on Coinpedia Fintech News

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

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

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

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

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

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

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

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

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

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

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

About DogeMob

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

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

Media Contact:Danny AritiDogeMobdanny@dogemob.comSydney, Australia