Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH 96960, MH 96960, April 26th, 2024, Chainwire

A Glittering Moment: BloFin Shines at TOKEN2049 

BloFin, a fastest-growing exchange platform, proudly announces its platinum sponsorship of TOKEN2049 Dubai and its exclusive SideEvent: WhalesNight AfterParty 2024. Following our previous role as the Gold Sponsor at TOKEN2049 Singapore, the BloFin team, now the Platinum Sponsor of TOKEN2049, continues to shine on this stage with its enthusiasm and original dedication to contributing to the cryptocurrency industry. 

BloFin successfully sponsored TOKEN2049 Dubai, which witnessed an extraordinary gathering of industry leaders, enthusiasts, KOLs, and innovators. Blofin’s participation in this prestigious event not only reaffirmed its commitment to fostering innovation within the blockchain ecosystem but also demonstrated its dedication to driving industry development forward. 

An Unforgettable Night: WhalesNight AfterParty 2024

As part of the conference, BloFin hosted the highly anticipated WhalesNight AfterParty 2024, promising an unforgettable evening of networking and celebration. 

Gratitude in Spotlight: Heartfelt Thanks to Valued Partners and Media

BloFin extends its gratitude to its esteemed media partners, including U.Today, BeInCrypto, CoinTelegraph MENA, Crypto.news and Chainwire, whose support has been instrumental in promoting this event. Additionally, BloFin appreciates the steadfast support and participation of its significant partners, KOLs, and attendees.

The Dubai Whales Night offers the BloFin team a valuable opportunity to meet with users and friends.

Matt, CEO of BloFin, shared his insights and expressed his excitement at the WhalesNight AfterParty. He stated “We understand the importance of trust. We will continue to provide our users with safe, reliable, and fast services.”

As we continue to expand our reach and enhance our offerings, Blofin remains steadfast in its mission to empower individuals and institutions to unlock the full potential of blockchain technology.

About BloFin:

As the fastest-growing crypto exchange, BloFin offers premium perps & futures trading services with over 320 USDT-M trading pairs and 100X trading volume. Now, it provides more high-quality products including spot trading, copy trading, earning, API access, and more. Ensuring utmost user fund security, BloFin has partnered with Fireblocks to safeguard users’ assets.

Contact

Head of Marketing and Public RelationsAnnio WuBloFinannio@blofin.io

Bitcoin and Ethereum options expiry impending amidst market uncertainty.

BlackRock’s Bitcoin ETF records zero inflows for consecutive days.

As the expiration date approaches for significant Bitcoin (BTC) and Ethereum (ETH) options contracts, the cryptocurrency market braces for potential volatility. With 96,000 BTC options and 990,000 ETH options set to expire, valued at $6.2 billion and $3.1 billion respectively, traders are closely monitoring market dynamics.

The Put Call Ratio stands at 0.68 for BTC and 0.51 for ETH, indicating prevailing sentiment towards these assets. Furthermore, the Maxpain point for BTC sits at $61,000, while for ETH it’s at $3,100, reflecting the price levels where the least amount of options contracts would expire worthless.

Despite recent fluctuations, Bitcoin is currently trading at $64,126.48, marking a modest 0.47% increase. However, trading volume has declined by 9%, signaling decreased market activity. Notably, BlackRock’s spot Bitcoin ETF has experienced two consecutive days of zero inflows, with total outflows reaching $338.2 million.

Bitcoin Price Chart, Source: TradingView

Market analysts remain divided on the impact of upcoming events, such as the Hong Kong ETF debut and potential institutional demand. While some anticipate increased interest, others like pseudonymous analyst Kamikaze Fiat underscore the substantial inflows required to drive significant price movements.

With Q2 ETF inflows at $170 million as of April 24th, the market awaits further developments amidst ongoing uncertainty and shifting investor sentiment

The last few months and indeed the bull run has made a lot of people millionaires.

With the bitcoin halving completed, we can see that bitcoin by all indications is heading to the 75 to 80,000 mark, and other crypto tokens will follow.

Solana just launched a brand new owl themed meme coin named HOOT.COOL

If you missed out on the recent successful Solana Meme Coin Pre sale and Launch,this is your chance to do 1.5X in 12 days with Hoot Meme Coin, as they list on Raydium in 12 days.

PRE SALE IS LIVE!!! HOOT.COOL OWL THEMED SOLANA MEMECOIN

1.5X Listing on Radium Guaranteed. 2.5X listing on exchanges in 18 days

Follow Below Link to BUY $HOOT

PRE SALE PAGE: https://www.hoot.cool/pre-sale.html 

There is no denying that Owls are very mystical and magical creatures, and such is the magic that it is bringing to the Solana Meme Coin community. The message and mission of HOOT herald the belief of the Japanese, the ancient Greeks, the United States, and Guatemalans that the owl is a herald of wisdom, wealth, and prosperity.

Visit the website or join a community to learn more about HOOT.COOL

WEBSITE

TELEGRAM COMMUNITY

At Hoot we also believe that all human souls bear prosperity, and that is the theme of our community interaction. Jolly good positivity and encouragement to every member of the community that though life is full of uncertainties, we all have each other to hold onto for strength and encouragement.

Such is the spirit we are bringing to the meme community Solana, and to spread cheer and prosperity, as highlighted in our planned social network. You can visit https://hoot.cool For more details and information.

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

BEFE’s rise as the leading meme coin is something that can only be described with wonder. Within a very short period, the popularity of the token has steeped, attracting both active crypto communities and budding investors. What exactly are BEFE’s reasons for fame? Let’s delve deep and find out.

The Unnamed King – BEFE’s Emergence

BEFE Coin is one of the major players that is very noticeable within the meme coin arena; its popularity and market activity are rising. Unlike many other cryptocurrencies, BEFE was launched as a fair launch project with no presale. This makes its beginning available to a large number of potential users. BEFE operates with zero tax, meaning transactions will be smooth and alluring. A very good choice for any investor who needs to stay far away from the complexity of the fee structure.

BEFE Coin, in the last 24 hours, presented a trading volume of $284,406, signifying a very active community even under the slightest downfall of the market. The fully diluted valuation at the moment stays at $15,925,820, which shows that there might be a level of confidence towards long-term investors. Since its inception, BEFE has reached its all-time high of $0.001128 and, though now traded at $0.00015967, it still represents a great rebound of 24.36% from its all-time low, showing resilience and steady recovery in investor interest.

The coin provides liquidity to trade on various platforms, including most decentralized exchanges such as Pancakeswap and Uniswap. An easy transaction process, coupled with a very strong community and crystal-clear utility, positions BEFE as one of the strongest contenders in the meme coin section. As such, BEFE is ready to captivate both seasoned traders and new entrants to the cryptocurrency market.

This is Why BEFE Topples DOGE and PEPE

BEFE Coin differs from many meme coins in the way it is launched and run. Whereas many of its predecessors—DOGE and PEPE—saw giant pre-launch hype and sometimes complex financial structuring, BEFE started with a 100% fair launch. This would mean there could never be a presale favoring early private investors; it would hence be more democratic and potentially carry less risk from large early sell-offs that could destabilize the value of the coin.

BEFE operates without imposing any tax on transactions. This is rare in the meme coin space, as most times, transaction fees usually serve as another deterrent for new investors due to their complexity and added cost. This approach makes the trading process not only simplified but very attractive in that it ensures that traders are able to retain most of their profits from their trading transactions.

Finale: BEFE the Unsung Hero?

Simply put, with the strategic launch of BEFE and a user-friendly tax policy, BEFE will be an open and more just option in the meme coin community. All of this, combined with its inviting meme culture, could very well place it in a position that not only sees it outshine the rest but also draws an even wider target audience.

More than 80% of the G20 nations and financial centers are now offering regulatory clarity.

BWA also pushed for VASPs to have access to financial services and escrow accounts.

In order to accommodate the needs of the Web3 and cryptocurrency communities, the Bharat Web3 Association (BWA), the highest organization representing Web3 businesses in India, has proposed a number of measures and policies for the next government to consider. At a time when rules are tightening up all around the world to ensure that Web3 space remains fair and balanced in the commercial world, these proposals are timely.

The primary demand of BWA was that the newly formed government recognize and incorporate the Web3 industry into startup projects funded by relevant agencies such as the Principal Scientific Advisor (PSA) office, Ministry of Electronics and Information Technology (MeitY), and Department for Promotion of Industry and Internal Trade (DPIIT), among others.

Streamlined Operating Structures

More than 80% of the G20 nations and financial centers are now offering regulatory clarity on cryptocurrency assets. India, like the rest of the world, needs a transparent, internationally coordinated regulatory framework on digital assets to reduce risks and boost innovation.

In order to promote more streamlined operating structures, BWA also pushed for VASPs to have access to financial services and escrow accounts.

With more than a thousand Web3 companies, India is home to one of the biggest ecosystems in the world, according to BWA. From 2018 to 2023, its share of Web 3 developers increased from 3% to 12%. To make the most of this huge opportunity, the government should institute programs to teach people how to use blockchain and web3 more effectively.

Startups in the blockchain and cryptocurrency industries might benefit from regulatory sandboxes, which India can set up to foster innovation. 

Highlighted Crypto News Today:

Trending Upward: Bitgert Coin’s Remarkable Ascent to Prominence

In the crypto currency world, where there is so much competition all over, Bitgert Coin emerged as a crypto currency with amazing and alluring features that pushed it to an extraordinary height which many cryptocurrencies find difficult to attain. This massive surge has caught the attention of various potential investors and experts, making them excited and confident in contributing to its standard and growth.

Bitgert coin exchange has seen a massive expansion in recent weeks and this is due to the upward surge of the price of its coin. Bitgert Coin made its emergence into the crypto space with a target to proffer solutions that other cryptocurrencies find difficult to solve. Having proffered solutions to those challenges, investors now see it as the coin for the future and are now invested in it. 

However, Bitgert’s coin innovative blockchain has played a major role in seeing that this expansion in its exchange comes in quickly. It has made Bitgert’s coin widely known to many traders and experts who have now seen its future benefits and invested for the future.

BITGERT Coin Breaking Records And Standing up to Exhibit 

Bitgert Coin has made itself of high esteem in the crypto space with its low trading fee and secured ecosystem for transactions. Bitgert’s coin has made its stand its priority and this has seen its surprising surge in a very short time in the crypto space. 

Bitgerg coin has seen that it is segregated from other crypto currency, with its way of making its coin scares. This has resulted in the uniqueness of its coin 

BITGERT Coin Tenacious Quick Progress 

Bitgert Coin’s massive surge in the cryptocurrency space has seen it gain attraction from investors and this has seen its demand increase even more. Its creative highlights and strong community backing are competent for its gigantic improvement in a crypto world.

Bitgert Coin reliably breaks its past all-time highs, mirroring the developing certainty and interest in the venture. Each new achievement fills in as a demonstration of the flexibility and capability of Bitgert Coin in the competitive crypto market.

What’s in store seems more splendid than what investors have witnessed so far from Bitgert Coin and its energetic features. With innovative designs for development and advancement not too far off, Bitgert Coin makes it clear that it’s not stopping its movement anytime soon, solidifying its status as a genuine pioneer in the realm of cryptocurrency.

Conclusion 

Bitgert Coin is unstoppable as we see due to its features and innovations. It will see many more uptrend in the coming weeks as it is not stopping its innovations to proffer more amazing features.

DYOR by checking out their website.

What are the chances that your $100 investment will turn into a thousand dollars in a few months? Well, in regular cases, the possibility is quite low, but there is a cryptocurrency that may turn this small investment into not just thousands, but millions too. The BEFE coin is at the top of the rankings when it comes to making profits for investors. In the last few months, the price of BEFE coin has shot up and it is still rising the mountain to become the next big thing in the crypto space.

The BEFE coin is still priced at a low tag which makes it a highly investible token for every person, be it a small investor or even a whale. Let’s check out why the BEFE coin is right for investing and what can be expected of it.

The BEFE Coin Transition 

BEFE coin was introduced to the market as a meme currency in November last year. This token was initiated just for the sake of humour and parody in the crypto space. People had invested in BEFE coins just to send them as memes to people or just as a humorous gift to friends.

But now, the BEFE coin is being purchased as one of the most investible tokens. The BEFE coin creators and management have announced phase 5 for the token which includes the addition of BEFE coin to the Solana chain. This move has attracted a lot of crypto projects to use the BEFE coin as the primary token.

The BEFE coin is based on the Ethereum chain and is compatible with the EVM functions. So, the BEFE coin is also being used to implement smart contracts in various cases. Then there are cases where the BEFE coin is being used in metaverse and marketplaces as well. So, the increased usage of BEFE coin has helped push up the price of this token in the market.

Performance Stats of the BEFE Coin 

Multiple experts have claimed that the BEFE coin is going to become the next big thing in the market. This is primarily because this token has a great score in KPIs currently. This token has grown immensely in the last few weeks and has become a mid-cap token with huge upside potential now.

The RSI score of the BEFE coin clearly indicates a strong buy signal for the token in the market. Then the MACD value and moving average of the coin also send positive affirmations to the investors. The trading volume of the BEFE coin is increasing rapidly with each passing day, which makes the BEFE coin highly preferred by investors.

The volatility percentage of BEFE coin stands at 12% which is even lower than some of the best-performing assets in the crypto market. Many more stats will prove how BEFE coin is growing immensely in the market.

Conclusion 

With the above discussion, it is clear that the BEFE coin is not one for going down now. It is only going to grow and become a substantial token in the crypto space. This is the time when people can invest even a small amount in this currency and make huge profits in the coming days or months. The BEFE coin is set to be at the top of the table with its growing base and increasing use cases in the crypto space.

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

Bitgert coin has displayed a unique approach that set the tone for how much they’d achieve. For some good reason also, it’s been an amazing investment that has kept some investors on the edge of their seats, and for others, it’s been the remarkable ascent to prominence. 

With the cryptocurrency market innovation and volatility always takes the lead and the Bitgert Coin has stood out as a remarkable new player because of its unique innovations in tackling problems that crippled many crypto projects. 

As a result, there’s been a surge in popularity that has many wondering what’s driving Bitgert’s rise and whether it can sustain its momentum. 

Bitgert Real World Applications that Drive its Price to the Top

Generally, cryptocurrencies with real-world applications hold more long-term value. This explains why Bitgert’s has many potential use cases that are crucial for evaluating its long term worthiness as a coin to hold. 

Bitgert native token is Bitgert Coin (BRISE), which is undeniably fast and secure for everyday online transactions. It could be used for everyday purchases to streamline the payment process and reduce transaction fees compared to traditional methods.

Bitgert’s targets are to establish a well-developed DeFi ecosystem. Meaning creating decentralized applications (dApps) that can facilitate lending, borrowing, and staking. 

Given that Web3 is the future of the web, it’s also the closest to real world applications as anyone can get and Bitgert is a key player in the emerging Web3 landscape too.

Bitgert Pricing, The Role of Community and Hype in Trending Upwards

While real-world applications can influence the lifetime value of the Bitgert coin, understanding the role of community and hype is crucial for making informed investment decisions. 

Bitgert has grown from being just a coin to a passionate and vocal community that actively promotes the coin on social media platforms. This strong community backing can fuel positive sentiment and attract new investors, contributing to the price hike.

Social media can be a double-edged sword for cryptocurrencies. It’s been crucial for the growth of Bitgert and has generated excitement and awareness trends that fueled the hype and then underlying fundamentals leading to higher demand and valuation of the coin. 

Since community and hype play a role that cannot be understated, the Bitgert long-term success will depend on its ability to deliver on its technological roadmap.

Conclusion 

With Bitgert investors can earn as much as they want especially during its remarkable ascent to prominence like we currently have. 

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

Bitcoin Runes token DOG•GO•TO•THE•MOON (DOG) ascends as the 9th largest memecoin by market cap. 

According to the latest data, 72.5K holders hold DOG tokens.

Bitcoin Runes-based memecoin DOG•GO•TO•THE•MOON (DOG) hits $500 million market cap following announcements of its listings on four notable centralized exchanges (CEXs) within the last 24 hours. 

This surge has catalyzed DOG to join the top 10 memecoins by market cap. Notably, DOG stands on the ninth spot, with two hyped Solana-based memecoins — Book of Meme (BOME) and Cat in a dogs world (MEW) — ahead in the rankings. 

According to data on MagicEden, at press time, the average floor price of this Runes token was 7.7 sats (satoshis), worth $0.0051. 100 billion DOG tokens recorded a market cap of $495.3 million and a 24-hour trading volume of $7.34 million.

Source: MagicEden

This dog-themed memecoin was “etched” onto the Bitcoin blockchain via the Runes Protocol. It was then airdropped to eligible Runestone NFT holders on April 24th. So far, crypto exchanges such as OKX, Gate.io, CoinW, Bitrue, CoinEx and Cube have listed DOG. Marketplaces such as MagicEden and UniSat also have listed this token.

What’s the Next Target For Bitcoin Runes DOG?

Spiking the Bitcoin meme maxis’ hype, the pseudonymous co-creator Leonidas has unveiled his ‘ideal’ expectations for “phase 2 in DOG’s memecoin lifecycle” on X. This includes featuring on the famed digital artist Beeple’s feed, listings on tier 1 CEXs, and higher market cap targets.

Practically speaking this is what phase 2 in $DOG's memecoin lifecycle ideally should look like:– Beeple everyday– Multiple tier 1 CEX listings– At $767M MCAP we hit front page of CoinMarketCap– At $1B MCAP mainstream media coverage startsYou are not ready for Phase 3

— Leonidas (@LeonidasNFT) April 26, 2024

Following DOG, other Runes in the lineup are RSIC•GENESIS•RUNE (RSIC), holding a market cap of $210 million and 22,255 holders, and LOBO•THE•WOLF•PUP (LOBO), with $56.3 million and 74,408 holders.

Since its launch on Halving Day, Runes has captured a dominant share of transactions on the Bitcoin blockchain. On Tuesday, 81% of on-chain transactions were related to these “etched” tokens. Launch of Ordinals took over the realm in 2023, spurring the Inscriptions and BRC-20 bandwagon. How will these Runes that boost the creation of fungible tokens on Bitcoin lead the game now?

SEC’s rumored rejection of Ethereum ETFs prompts uncertainty in the market.

Despite bullish trends, Ethereum sees significant outflows from exchanges.

Ethereum has emerged as a focal point of discussion in the cryptocurrency community, with traders closely monitoring reports surrounding the SEC’s rumored plans to reject spot EthereumETF proposals in May. Despite optimism stemming from the approval of spot Bitcoin ETFs in January 2024 and the excitement surrounding the BTC halving in April, uncertainty looms over the fate of Ethereum and other altcoins.

Traders are grappling with the potential implications of the SEC’s stance on Ethereum ETFs, which could significantly impact ETH. While hopes for a rally persist, recent indications suggest that approval may not be imminent, leading to a rise in bearish sentiment among traders.

ETH Price Chart, Source: TradingView What’s Further?

Against this backdrop, Ethereum has witnessed significant outflows from exchanges even as its price surged above the $3,000 mark, signaling investor confidence in further price appreciation. Notably, Titan of Crypto, a prominent analyst, highlighted the substantial outflow of over 260,000 ETH, equivalent to more than $781 million, from exchanges within the past week.

Furthermore, notable figures like Justin Sun have been accumulating ETH, with recent data indicating significant withdrawals from exchanges. 

Analysis suggests that Ethereum’s net deposit on exchanges has increased compared to the previous seven days, indicating a shift towards selling among investors. However, whale accumulation of Ethereum has remained unaffected, as evidenced by the continued rise in ETH’s supply held by top addresses.

At present, ETH is trading at $3,147.75 with a 0.45% drop and the trading volume is down 4.07%.

$SNUKE, a new meme coin inspired by the wild humor of South Park, is poised to be the next hit Meme Coin Solana blockchain by storm as it kickstarts its Pre-Sale today.With a pre-sale that allocates 60% of its tokens to early adopters, $SNUKE is setting the stage for a launch today as dynamic as the episodes that inspired it.

The Rise of Meme Coins on Solana 

As the meme coin market heats up, Solana continues to prove itself as an ideal platform for this thriving digital currency trend. Known for handling thousands of transactions per second with minimal costs, Solana offers the perfect environment for meme coins like $SNUKE, designed to capture global attention quickly. 

Drawing inspiration from the irreverent comedy of South Park, $SNUKE is not just another meme coin. It is crafted to resonate with fans of the show and cryptocurrency enthusiasts looking for a fun and potentially profitable investment.

Meme coins on the Solana blockchain are becoming incredibly popular, quickly raising millions of dollars and reaching huge valuations. 

This success showcases Solana’s strong ecosystem, which is perfect for exciting new meme coins like $BOME, $DOGWIFHAT, and $SNUKE.

We aim to make $SNUKE the favorite mascot of the Solana blockchain.

Join the $SNUKE Pre-Sale 

$SNUKE invites early adopters to get in on the ground floor of what could be the next viral meme coin. 

The pre-sale, lasting 25 days offers 60% of the total token supply without any purchase limits, ensuring a fair and accessible investment opportunity for all. 

To Join The #SNUKE Pre-Sale: Click Here

Listing and Future Plans 

Post Pre-Sale, $SNUKE tokens will be paired with SOL contributions and listed on Raydium, Solana’s leading decentralized exchange, at a 1.25x price increase.

This strategy emphasizes community focus and decentralization, steering clear of any insider token reserves to maintain fairness and market stability. 

Why Invest in $SNUKE? 

The vibrant history of meme coins on Solana suggests a promising future for $SNUKE. Meme coins like BOME and DOGWIFHAT have shown that with the right community and platform, meme coins can achieve impressive returns.

$SNUKE aims to replicate this success, powered by its engaging theme and strong community backing. 

Join The SNUKE Community 

Don’t miss out on the just kicked off $SNUKE pre-sale and be part of the next big meme coin craze on Solana. 

Visit our website and follow us on social media to join the movement: 

Website 

Twitter 

Telegram

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

Venice, United States, April 26th, 2024, Chainwire

MeWe a Social Network With more than 780,000 Active Users on the Polkadot Blockchain Opens Community Investment Round to Allow Users to Own a Financial Stake in Company

By migrating its 20 million+ registered users to the ‘Social Web,’ aka Web3, MeWe is elevating user control and privacy like never before.

MeWe, one of the world’s largest decentralized social networks built on Polkadot, has opened a Regulation CF (Reg-CF) community investment round on Wefunder to its community of over 20 million users. Through Wefunder, the leading platform in the Reg-CF space, individual investors can invest directly in startup companies. Now, MeWe users can own a stake in the company’s success, starting at just $100. 

With over 20 million users across 200 countries and territories, and over 740,000 already active on the blockchain, MeWe is looking to pioneer the move from Web2 to Web3 at scale by combining the tremendous market potential of social networks with the sizable volume of Web3 transactions – an estimated $1T opportunity.

MeWe expects to have more than 1.5 million users on-chain by Q4 2024. The migration is intended to offer users unprecedented privacy, control, and ownership of their digital identities and social experiences.

“We’ve opened a community investment round on Wefunder to take user-ownership to the next level,” said MeWe Chairman and CEO Jeffrey Edell. “Years ago, we envisioned a powerful alternative to Big Tech social media, without the influence of corporations or data brokers, where individuals could own and control their own digital identities and social experiences. As we enter this next chapter, we’re offering our users an opportunity to own a personal stake in the future of MeWe and decentralized social media.”

MeWe’s team is led by pioneering executives from Disney, Apple, Yahoo!, 21st Century Fox, Myspace, Warner Bros and Samsung. The company previously closed a $24 million Series A round in February 2022 led by McCourt Global.

Anyone can invest in MeWe from $100 and up to $500,000+ at https://wefunder.com/mewe.

About MeWe

MeWe is a social network built to put privacy first and committed to giving users more control over their data and social media experience. The company offers a groundbreaking “Privacy Bill of Rights” which guarantees users control of their data and news feeds. MeWe allows users to join groups, engage their friends, and puts them in complete control without ads or algorithms. With more than 20-million users worldwide, and unique features such as the MeWe 2-way camera and voice & video messaging, MeWe is host to over 700,000 user-driven interest groups.

MeWe was shortlisted as a Finalist in the 2024 SXSW Innovation Awards, a 2020 Most Innovative Social Media Company by Fast Company and a 2019 Best Entrepreneurial Company in America by Entrepreneur Magazine. In 2016, MeWe was honored as Start-Up of the Year Finalist for “Innovative World Technology” at SXSW.

Contact

SVP, MarketingMichael HuntsmanMeWemichael@mewe.com4156960098

Grayscale officials cited the trust’s heritage and administration as reasons to justify the fees.

Despite the ever-shifting crypto market, GBTC has been unable to halt the outflow of funds.

Investors have been quite pessimistic about the Grayscale Bitcoin Trust (GBTC) for an extremely long time now. Senior ETF Analyst Eric Balchunas of Bloomberg confirmed that this 72-day period is the longest in the history of global ETF funds. Since January, when the United States government approved the introduction of spot Bitcoin ETFs, the unanticipated outflows persisted.

Despite the ever-shifting cryptocurrency market, GBTC has been unable to halt the outflow of funds. It is possible that the trust’s poor performance compared to its competitors is a result of the excessive fees it charges. 

Hefty Fees 

When it first came out, Grayscale’s cost was 1.5 percent, which was more than the 0.2% average imposed by competing ETF issuers. As a first line of defense, Grayscale officials cited the trust’s heritage and administration as reasons to justify the hefty cost. However, investors may not perceive the premium as justified if there is a continued outflow. Industry experts are keeping a close eye on the fallout from that trend because they see Grayscale’s declining appeal as a red flag.

The recent performance of BlackRock IBIT is illustrative of the developments occurring across the whole Bitcoin ETF industry. This top Bitcoin ETF had a stop in new inflows for the first time, which may indicate that investors are losing interest in assets backed by Bitcoin due to the overall market volatility. The future of investing in such exchange-traded funds (ETFs), including GBTC, seems dubious as Bitcoin prices exhibit adverse patterns.

Highlighted Crypto News Today:

TON Foundation Announces $600K Airdrop for NFT Traders and Holders

The user-friendliness and powerful features of the platform were his main points.

Tether’s tokenization path would provide support for several asset kinds.

Paolo Ardoino, CEO of Tether (the company behind the USDT stablecoin), recently went on X to provide some exciting information on the platform that would tokenize digital assets. Furthermore, Ardoino hinted at the imminent beta launch of the platform.

Writing, “Can’t wait to launch the beta,” Ardoino shared his enthusiasm in an X post. Ardoino already revealed the platform’s outstanding qualities and praised it as a “masterpiece” earlier this month, and this statement follows closely on the heels of that disclosure.

The tokenization platform is expected to completely transform the way digital assets are managed, according to the CEO of Tether. In addition, it strives to provide issuers and investors with a safe and easy user experience.

Wide Range of Assets Covered

The user-friendliness and powerful features of the platform were his main points. All of the following are a part of it: KYC/AML, issuance, and redemption flows; multisig asset management; and client data management. In addition, the CEO of Tether stressed that all these parts are “super intuitive,” which shows how committed the team is to making sure the user experience is easy.

Ardoino also shed light on the platform’s features. He confirmed that Tether’s tokenization path would provide support for several asset kinds, be multi-chain, and be completely decentralized. Also, he said it was “super customizable,” meaning users could tokenize several types of assets.

The assets might be anything from bonds and equities to more unusual things like rewards from coffee shops. In addition to teasing the platform’s adaptability, Ardoino said that it would act as a white label of Tether’s technology, letting customers tokenize assets worth over $110 billion, denominated in USDT.

Highlighted Crypto News Today:

Shiba Inu Unveils Ambitious Roadmap for Shibarium Ecosystem

The new platform was outlined as an updated approach to stablecoin transaction volume.

Users will be able to see the monthly active users, stablecoin supply, and transaction volume.

As a result of all the recent buzz around stablecoins, Visa’s crypto division has released a new platform called the Visa Onchain Analytics Dashboard.

It was after seeing a line chart made by well-known crypto enthusiast Nic Carter that Cuy Sheffield, Head of Crypto at Visa, decided to develop the firm’s stablecoin analytics dashboard, as he revealed on X. The payment processing company Visa and the blockchain company Allium Labs worked together to create their new platform.

Comprehensive Statistics

Moreover, the new platform was outlined by the Visa executive as an updated approach to transaction volume. It integrates a one-way volume filter that eliminates unnecessary smart contract transactions with an inorganic user filter that attempts to eliminate bot activity by only counting volume from addresses that have made less than 1,000 transactions and less than $10,000 in the last 30 days.

Users may keep tabs on stablecoin activity whenever it suits them with the aid of this dashboard. Among the important information that users will be able to see are the monthly active users, stablecoin supply, and transaction volume. Around the same time, data for USDC, USDT, PYUSD, and USDP, which are stablecoins tied to the US dollar, is accessible across five Layer-1 blockchains and four Layer-2 blockchains.

Also, Sheffield claims that Visa has recognized a number of issues with stablecoin, the most notable of which being the presence of “lots of noise” in the data. The usage of digital assets in many contexts, he said, with transactions started either by humans or by bots programmatically, poses this problem.

Highlighted Crypto News Today:

TON Foundation Announces $600K Airdrop for NFT Traders and Holders

The 105,600 TON airdrop snapshot was captured on April 23 at 8:00 AM CEST.

It is for eligible active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds.

The TON Foundation has recently announced an airdrop for active NFT traders and holders worth $600K. An announcement was made by the TON Foundation on X about an airdrop of 105,600 TON. This was made available to active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds.

The 105,600 TON airdrop snapshot was captured on April 23 at 8:00 AM CEST, according to the crypto firm’s statement on X. Importantly, the airdrop was open to active traders on the aforementioned NFT platforms from April 11 (2 PM CEST) until April 23 (8 AM CEST).

Redeem Points for TON

Moreover, having said that, the airdrop did not support Sybil wallet addresses, non-wallet addresses, or owners of NFT collections. Additionally, the event was open to all NFT collections on the aforementioned markets.

Furthermore, curiosity piqued, the TON Foundation decided against a point system that would have let users earn airdrop rewards based on a variety of on-chain criteria. It is worth mentioning that the user will get 1 point if the number of NFT collections transferred falls between 2 and 4. Likewise, the amount of points in hand grows in direct proportion to the number of collections traded, highlighting a straight proportional link between points gathered and incentives.

Points were also distributed according to other metrics, such as the total number of NFT transactions and the amount of NFT trading per user. Participants in the airdrop would be able to redeem their points for TON, the native token of the Ton blockchain, as incentives.

Highlighted Crypto News Today:

Shiba Inu Unveils Ambitious Roadmap for Shibarium Ecosystem

Lucie unveils plans for Shibarium, including ShibaSwap upgrades and Shiba Hub app launch.

TREAT token launch and play-to-earn Shiba Eternity game set for 2024/2025.

The Metaverse launch anticipated; Layer-3 blockchain development progresses with $12M investment.

Shiba Inu, the popular meme-inspired cryptocurrency, has recently outlined its upcoming developments for the Shibarium ecosystem, slated for implementation in the 2024/2025 cycle.

Lucie, Shiba Inu’s marketing lead, took to X to share the project’s ambitious roadmap, which includes a range of new features and upgrades designed to enhance the user experience and expand the ecosystem’s capabilities.

What's coming in 2024/2025 for #Shibarium?– #Shibaswap (version 1.75 followed by 2.0)– #Shibahub– @treatsforShib– #ShibaEternity P2E– @mvshib– @K9finance Liquid Staking– Layer 3 TestnetAdditionally, fully functional DAOs will be available for all tokens within the Shiba… pic.twitter.com/iICIaoi11Z

— 𝐋𝐔𝐂𝐈𝐄 | SHIB.IO (@LucieSHIB) April 24, 2024

One of the most anticipated updates is the release of ShibaSwap versions 1.75 and 2.0, the official decentralized exchange (DEX) of the Shiba Inu ecosystem. These upgrades are expected to introduce new and improved features, further solidifying ShibaSwap’s position as a key player in the DeFi space.

Another exciting development is the launch of Shiba Hub, an app that has been described as “something extraordinary” by the project’s developers. Shiba Hub will serve as a resource center and community forum, integrating seamlessly with the Shibarium ecosystem and providing users with a centralized platform for engagement and information.

Shiba Inu ecosystem gearing up for TREAT launch

The Shiba Inu ecosystem is also gearing up for the public launch of its upcoming token, TREAT. The ecosystem expects this token to play a crucial role, rewarding users who stake SHIB across various liquidity pools and acting as a governance and gas fee token for the project’s upcoming Layer-3 blockchain solution.

The schedule for the release of the play-to-earn (P2E) version of Shiba Eternity, the ecosystem’s collectible card game (CCG), in the 2024/2025 timeframe is sure to please gaming enthusiasts. PlaySide Studios is currently conducting in-house testing for the game to guarantee a smooth and enjoyable user experience during its beta launch in Q2 2024.

Beyond these developments, LUCIE anticipate the debut of Shiba Inu’s metaverse project, SHIB: The Metaverse, in 2024/2025. While the community has been eagerly anticipating the project’s launch, the team behind SHIB: The Metaverse is taking the necessary time to ensure a successful and impactful release.

Furthermore, Shiba Inu is developing its own Layer-3 (L3) blockchain, which recently raised $12 million in an investment round. This privacy-focused L3 blockchain is expected to launch on Shibarium, with its testnet set to roll out in Q3 2024.

The relentless hard work has finally paid off, leading to a highly successful debut in the market. BlackCard Credit Card is introducing the BcCoinToken. The AI technology enables you to effortlessly spend your cryptocurrency anywhere traditional debit cards are accepted. Say goodbye to limitations and embrace the freedom to use your digital assets for daily purchases, online shopping, and ATM withdrawals.  

With the BlackCard Crypto Credit Card you can enjoy the convenience of converting your cryptocurrencies into local currency at every checkout, No more hassle with complex transactions or conversions – just pure convenience at your fingertips. In addition to  global payments with its crypto credit card, BlackCard recently announced the release of the BcCoin Token.

Its recent surge in value is nothing short of remarkable, skyrocketing an impressive 4000 % from its initial price of 30 cents to an impressive $10.00 plus. This dramatic increase has captured the attention of investors and enthusiasts alike, The creators behind this BcCoin project are thrilled to announce its imminent listing on 30 prominent cryptocurrency exchanges, with subsequent inclusion on the top 8 largest exchanges in the market. This strategic move marks a significant milestone in BcCoin’s journey towards wider accessibility and adoption within the digital asset ecosystem.

The decision to list on these 30 exchanges comes as part of BcCoin’s comprehensive strategy to enhance liquidity and broaden its investor base. By expanding its presence across multiple platforms, BcCoin aims to provide greater accessibility and convenience for traders and investors seeking to engage with its ecosystem. BcCoin aims to provide greater accessibility and convenience for traders and investors seeking to engage with its ecosystem.

This strategic pricing sets a clear benchmark for potential returns, positioning the token as a dynamic asset poised for significant appreciation.  

Furthermore, as we approach the end of the month, an eagerly awaited announcement from the BcCoin leadership promises further advancements in the realm of cryptocurrency, solidifying BlackCard Credit Card´s position as a pioneer in global crypto payments.

BlackCard stands on the brink of serving an immense market, with an estimated 500 million crypto wallet owners worldwide poised as potential customers, presenting a monumental opportunity to redefine the landscape of global financial transactions.

About BlackCard:

BlackCard is a leading provider of top-tier cryptocurrency solutions, delivering an innovative suite of products and services tailored to enhance the digital financial realm. Prioritizing sophistication, security, and convenience, BlackCard is at the forefront of shaping the future of finance through meticulous transactional excellence.

For more information about BlackCard and the BcCoin Token, please visit website. 

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

Ethereum price dips by 2.50% amid broader market crash, sparking concerns of a drop to $3,000.

Despite recent setback, some investors hopeful for long-term gains, citing potential for a bullish trend triggered by Bitcoin Halving.

ETH finds support at $2,850 but faces resistance; mixed signals from technical indicators add to market uncertainty.

Ethereum, the largest altcoin by market capitalization, was not immune to the recent crash, with the ETH price declining by 2.50%. Concerns about a potential drop to $3,000 have arisen due to this recent setback and broader market fears of an intense correction.

Despite the current downturn, some investors remain optimistic about Ethereum’s long-term price trend. The history of Bitcoin Halving bringing an altcoin season has teased the possibility of a future bull run.

With a market cap of $382 billion, Ethereum has seen an 18% drop over the past few weeks. However, the ETH price has found support at the 50% Fibonacci level, around $2,850.

The weekly chart’s consolidation between the 50% and 61.80% Fibonacci levels has been extended by the most recent downturn. A possible bullish break is suggested by the smaller price rejection from the 50% Fib level, which results in a sustenance above $3,000.

Can Ethereum pick up pace?

The price of ETH is currently trading at $3,140 with an intraday Doji candle, which illustrates the erratic nature of the altcoin. Ethereum might be able to resume its upward trend if the market is able to avert any more losses.

Technical indicators paint a mixed picture for Ethereum. The bearish crossover in the MACD and signal lines in the weekly chart is a result of the recent pullback phase. However, a bounce back from the 50% Fib level in ETH price could restart the positive trajectory.  

The price of ETH might break over the $3,265 overhead resistance and indicate a breakout entry opportunity if the Ethereum bull run continues. This possible bull run might test the strong $4,000 resistance level, leading to a 25% increase.

On the other hand, the chances of a drop to $3,000 are minimal but still concerning for investors. The current market conditions have created a sense of uncertainty, leaving investors to weigh the potential outcomes for Ethereum’s price action.

Solana suffers as crypto market plunges, dropping below $150.

Current trends indicate potential drop to $100; recovery uncertain amidst market turmoil.

Strong demand at $100, but reaching $500 by 2024 remains doubtful amidst ongoing volatility.

The cryptocurrency market has been hit hard by the recent crash, and even top-performing blue chip altcoins like Solana (SOL) have not been spared.

The once-thriving SOL token has seen its market cap take a significant hit, resulting in a massive sell-off that has pushed its price below the crucial $150 mark.

As the market continues to tumble, investors are left wondering whether this correction is the final drop that could threaten a breakdown to $100 or if a bullish reversal is on the horizon. The question on everyone’s mind is: Will Solana find the necessary bullish momentum to reach $500 by 2024?

Can Solana find the momentum?

Currently, Solana’s native token is trading at around $145, with an intraday fall of 2.25%, resulting in another bearish engulfing candle. The downfall aligns with the broader market decline and has led to a retest of the broken resistance trendline.

With the chances of a post-retest reversal being minimal during this increased supply wave, the SOL price appears to be headed towards the $100 mark.

Technical indicators paint a mixed picture for Solana. The merging of the MACD and signal lines under the negative territory suggests a potential positive crossover. However, the ongoing downfall in SOL price could result in an extended negative trend.  

Despite the current correction phase, the underlying demand for Solana remains strong at the psychological mark of $100. A broader market comeback could increase bullish momentum, resulting in a post-retest bounceback.

By the end of this month, Solana’s market value might have reached its pinnacle at $200 due to the possibility that the rally would pick up steam. Nevertheless, given the current state of the cryptocurrency market, it is still unclear how to get to $500 in 2024.