With the Dogeverse launch coming up. BlockDAG has captured the spotlight with the launch of its second Moon Keynote and the eagerly awaited beta release of the X1 Miner App, now accessible on both Apple and Google Play stores. This surge in interest is reflected by an impressive presale, gathering over $42.2 million and moving more than 10.8 billion BDAG coins.

The initial development phase of the X1 Miner app wrapped up recently, having covered Wireframe and UI Design, User Onboarding, and Presale functionality, marking key advancements in the app’s journey. 

The Launch Of X1 Miner 

The X1 Miner app is now officially out for grabs in its beta form as stated in its Keynote 2 launched recently, offering early adopters a sneak peek at its potential. Even though this is just a slice of what’s to come, as BlockDAG plans to add more features like the Wallet, Send/Receive modules, and the Leaderboard and Community Section before the full mainnet launch after the presale. 

Currently, the app provides a robust glimpse into BlockDAG’s efforts, with features that allow users to invite friends and amplify their earnings prior to the mainnet launch.

Users are invited to download the app immediately to stay ahead in the game. Keep an eye out for further updates as BlockDAG effortlessly integrates proof of engagement into everyday device use, enabling you to mine up to 20 BDAG coins anywhere, anytime. 

Evaluating the Risks with Dogeverse Exchange Listings

While meme coins like Dogeverse have often drawn significant attention in the market, they come with inherent risks that shouldn’t be overlooked. Following its presale conclusion on June 3rd, Dogeverse is poised for its upcoming exchange listings. Despite pulling in a $15 million presale haul and analysts’ optimism, the excitement around new meme coins often masks significant financial risks.

The enthusiasm for Dogeverse exchange listings may seem warranted given its novel multi-chain strategy across major blockchains like Ethereum, Solana, and Binance Smart Chain. Nonetheless, this might complicate its market presence, potentially leading to challenges with liquidity and price stability.

Despite promising a 44% APY for staking, the rush to stake might lead to an inflated valuation before the Dogeverse exchange listings, which could result in sharp price fluctuations post-listing.

As the listing date draws near, investors should brace for a potential rapid correction that often follows the initial excitement, a common trend among meme-driven assets. This cautious stance is particularly advisable for anyone investing in the early phases of a coin like Dogeverse. 

BlockDAG Presale Nears Sellout as Mainnet Launch Looms

BlockDAG is on a roll with its presale efforts, raking in a solid $500,000 daily, a number expected to surge to $5 million daily as excitement mounts. Now in its 17th batch, priced at $0.011, the presale is swiftly approaching the seventeenth batch, tagged at $0.012. With only four months left until the mainnet launch, BlockDAG represents an ideal investment chance, boasting a potential 30,000x ROI for early backers.

Adding to the thrill, BlockDAG has recently forged an exclusive partnership with Plus Wallet for its impending launch. This collaboration adds significant weight to BlockDAG’s innovative approach to blockchain.

BlockDAG Attracts Dogeverse Investors

As BlockDAG unfolds its strategic roadmap, its potential and stability shine through amidst the speculative ebbs and flows that often define the sector. With its eye-catching 30,000x ROI and the strategic alliance with Plus Wallet, BlockDAG is currently leading the wave, eclipsing Dogeverse exchange listings and actively steering the future of blockchain technology, earning $42.2 million in presale. 

Investors and crypto enthusiasts should keep a close watch on BlockDAG as it continues to break new ground and redefine the possibilities within the blockchain landscape.

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

The post BlockDAG’s Keynote 2 Launch: $42.2M Presale Fuels Crypto Supercycle, Outshining Upcoming Dogeverse Listings appeared first on CoinChapter.

BNB’s Surge Sets Stage for 773 Target

NAIROBI (CoinChapter.com) – Binance Coin (BNB), the native cryptocurrency of the Binance exchange, surged past $700 on June 5th, 2024, marking a new all-time high. This breakout from a symmetrical triangle pattern, coupled with strong momentum indicators, suggests further upside potential. Technical analysis points to a possible target of $773, driven by increased trading volume and market sentiment.

BNB/USD 1-day price analysis. Source: CoinGecko

Today, June 6th, BNB’s price has continued its upward trajectory, reaching $706.5, marking an 8.41% increase in just a single day. This surge is further supported by a remarkable 50.50% increase in trading volume over the past 24 hours, reaching a staggering $4.05 billion.

BNB’s Ascending Triangle Breakout Targets $773

Since March, BNB has formed an ascending triangle with a flat upper trendline around the $650 resistance level. This pattern typically signals accumulation. On June 5th, 2024, BNB broke above this level, confirming the pattern and suggesting further gains.

BNB’s price consolidation began in March, forming a symmetrical triangle, which often predicts a strong price move. The breakout above $700 confirmed the bullish trend. Increased trading volumes and positive market sentiment further supported this surge.

BNB/USD 1-day pric e chart. Source: TradingView

The technical indicators further reinforce the bullish outlook for BNB. The Relative Strength Index (RSI), a momentum oscillator, currently sits in overbought territory, indicating strong buying pressure. Additionally, the moving averages, such as the 50-day and 200-day exponential moving averages (EMAs), are trending upwards, supporting the bullish narrative.

The Moving Average Convergence Divergence (MACD) indicator also supports BNB’s bullish case. The MACD line has crossed above the red signal line, accompanied by tall green histograms. This crossover is a classic buy signal, indicating that short-term momentum is outpacing longer-term trends. The histogram’s height reflects the strength of this bullish push.

Using Fibonacci extensions from BNB’s recent swing low to high, the 1.618 extension targets $773.4. This aligns with the ascending triangle’s breakout target. Interim targets include $739.6 (1.236 Fib level) and $702 (1.0 Fib level). BNB’s ability to hold above $702 strengthens the case for a push toward $773.4.

Strong On-Chain Activity and Market Metrics

Recent data from BNB’s blockchain highlights significant activity supporting the price surge. On June 2, 2024, DEX trading volumes reached $416.7 million, with 3.3 million daily transactions. The number of daily active addresses stood at 966.6K, indicating strong user engagement. At that time, BNB’s price was $602.9.

BNB On-Chain Activity surge. Source: Messari

These metrics reflect BNB’s robust on-chain activity and growing user base. High trading volumes and active addresses indicate healthy network activity, often correlating with positive price movements. The 24-hour real volume was $853 million, and the market cap stood at $90.96 billion, with a fully diluted market cap of $94.82 billion.

Moreover, data from early June shows a daily transaction volume of 3.9 million, with daily active addresses reaching 1.2 million. This level of activity highlights the strong interest and engagement within the BNB ecosystem.

The post BNB’s Surge Sets Stage for $773 Target appeared first on CoinChapter.

Buy and Sell Pi Coin In India for the Lowest Price

Discover how to buy and sell Pi coin in India for a lower cost. Pi coin is one of the first cryptocurrencies that can be mined from your smartphone. Learn about the Pi Network, its features, and the step-by-step process to acquire and trade Pi coins at a lower cost.

What is Pi Coin?

Pi coin is a digital currency that can be mined directly from your smartphone, eliminating the need for expensive hardware and GPUs. Launched in 2018, Pi coin operates on the Pi Network, a decentralized platform managed by a social community rather than a government. This advanced technology has disrupted the traditional cryptocurrency mining method, making it accessible to anyone with a mobile device.

Source: X Key Features of the Pi Network

Pi Network boasts several unique features explained as follows:

Mobile Mining

One of the standout features of the Pi Network is its ability to allow users to mine Pi coins directly from their mobile devices. This technology makes cryptocurrency mining accessible to anyone with a smartphone, democratizing the process and reducing barriers to entry. With just a few taps on the Pi Network app, users can participate in mining and earn Pi coins.

Unique Ecosystem

The Pi Network has a unique ecosystem that enables non-GPU users to participate in mining through their smartphones. This ecosystem is powered by an array of technologies operated by various social communities. Traditional cryptocurrencies require expensive mining rigs and specialized hardware, whereas the Pi Network’s ecosystem enables mining with just a mobile device.

Strong Referral System

The Pi Network runs a referral system that encourages users to invite others to join the network. By referring new users, existing participants can earn additional Pi coins. This system creates a self-sustaining growth model, not only encouraging user engagement but also facilitating the expansion of the Pi Network’s user base.

How to Buy Pi Coin in India at a Lower Price

Currently, no one can purchase Pi coins directly from any exchange as they are not listed yet. However, users in India can mine Pi coins through the Pi Network mobile app and earn them over time. After mainnet launch, Pi coin will serve as digital legal tender which you can use to buy goods and services.

Source: X

Here’s how you can buy Pi coin in India:

Related post: Pi Network Mainnet Launch Related News Propels PI Coin Price Higher

Step 1: Download the Pi Network App

The first step to earning a Pi coin is downloading the Pi Network app from the iOS App Store or Google Play Store for Android devices. The app is free to download and install.

Step 2: Sign Up and Start Mining

Once the app is installed, create an account on the app by providing the necessary personal information and creating a secure password. After completing the registration process, you can start mining Pi coins by tapping the “lightning” button every 24 hours. The mining process is simple and can be done with just a few clicks.

The more consistent you are with mining, the more Pi coins you can accumulate. The Pi Network encourages users to maintain a regular mining routine by implementing a 24-hour countdown timer. Once the timer expires, users must tap the button again to continue mining and earning Pi coins.

Step 3: Refer Friends and Earn More

If you want to maximize your earnings, you can use the network’s referral system. It asks you to invite friends and family to join the network and rewards you with more Pi coins. The more people you refer, the higher your potential Pi coin earnings.

You can refer people to the Pi Network app by sharing your unique referral code with others. When your friends and family download the app and use your referral code during the sign-up process, you will receive the referral bonus.

How to Sell Pi Coin in India 

Currently, Pi coins cannot be sold or exchanged for other cryptocurrencies or fiat currencies as the Pi Network is still in its testing phase. However, once the mainnet is launched (expected in Phase 3), users can withdraw and trade their Pi coins. Here’s how you can sell your Pi coin in India:

Related Post: Pi Network Mainnet Launch Delays Cast Doubt on Pi Coin’s Intrinsic Value

Step 1: Choose a Reputable Cryptocurrency Exchange

When Pi coins become available for trading, research and select a trusted cryptocurrency exchange that operates in India and offers low trading fees. Popular options include WazirX, CoinDCX, and BuyUcoin. These exchanges are well-established in the Indian market and provide a secure platform for trading cryptocurrencies.

When evaluating exchanges, consider factors such as trading fees, liquidity, user interface, and customer support. Lower trading fees will allow you to maximize your profits when selling Pi coins. Also, a user-friendly interface and responsive customer support can enhance your overall trading experience.

Step 2: Set Up a Trading Account

Once you’ve chosen your preferred exchange, create an account by providing the necessary personal and financial information. Complete the KYC (Know Your Customer) verification process, which typically involves submitting identification documents and proof of address. Additionally, enable two-factor authentication for enhanced security and to protect your account from unauthorized access.

Step 3: Transfer Pi Coins to Exchange Wallet

Once trading is enabled for Pi coins, transfer your Pi coins from the Pi Network wallet to your exchange wallet. The exchange will provide you with the necessary deposit address and instructions for the transfer process. Ensure that you follow the instructions carefully to avoid any potential issues or delays.

Step 4: Place a Sell Order

After your Pi coins are in your exchange wallet, navigate to the trading interface and place a sell order for Pi coins at your desired price. Monitor the order book and market conditions to ensure you sell at a favorable rate. Moreover, you can choose to sell your Pi coins through a market order, which executes immediately at the current market price. Or you can place a limit order which allows you to set a specific price at which you’re willing to sell.

Additionally, to maximize profits, consider placing limit orders slightly below the current market price. This strategy can help you attract buyers looking for discounted prices. This way, you will be able to sell your Pi coin quickly which will ultimately make your overall costs lower.

Step 5: Withdraw Proceeds to Bank Account

Upon successfully selling your Pi coins, you can withdraw the proceeds to your linked Indian bank account or e-wallet. Many Indian cryptocurrency exchanges offer direct bank transfer options where you receive your funds directly into your bank account.

Moreover, when withdrawing proceeds, be mindful of the exchange’s withdrawal fees and any potential bank transfer charges. Compare the fees across different exchanges and choose the option that offers the lowest fees. This way, your overall cost becomes lower and you can maximize your profits from selling Pi coins.

As mentioned earlier, you can not directly buy or sell Pi coin on an exchange but users in India can readily mine and accumulate Pi coins through the Pi Network app. Notably, Since the Pi blockchain is still in its testing phase and has not yet announced a firm mainnet launch date, trading Pi coins is not possible at the moment. However, users can get choose to invest their time and effort and get started mining Pi coins now.

Related Post: Pi Coin Price Jumped from $0.7 to $47 – What the Heck?

The post Buy and Sell Pi Coin in India for a Lower Cost – A How-To Guide appeared first on CoinChapter.

Crypto analysts have predicted a possible surge for XRP as we approach the final Ripple v SEC case judgment. Meanwhile, a new DeFi token transforming decentralized investment could benefit from XRP’s rise. 

So, the main question is, what is this new DeFi token, and how impactful will it be in the DeFi sector? Find the details below!

Experts Say XRP’s Rise Is Imminent

XRP has been prevented from reaching a new ATH since 2018 because of the US Securities and Exchange Commission’s case against Ripple, which began in December 2020. The case has kept XRP below $1 for the last four years.

However, Ripple has claimed minor victories. One such victory was July 2023’s preliminary ruling by Judge Analisa Torres in favor of Ripple. Due to this development, XRP rose to $0.82 a few hours after the verdict. 

In the latest filing, a Redacted Remedies Reply Brief dated May 8, 2024, the regulator asked the court to “enter the Proposed Final Judgment as a Final Judgment.”

Analysts say XRP’s future pump rests on this final judgment. An unfavorable judgment might keep the token below $1 long. On the other hand, a favorable one will come just in time for the next bull cycle to push XRP beyond its previous ATH of $3.84.

RCO Finance Leads the DeFi Space With Cutting-Edge Trading Solutions

RCO Finance (RCOF) is a DeFi token changing the DeFi space. The project allows investors to invest directly in assets like shares, bonds, and real estate with cryptocurrency.

Therefore, investors do not need to convert their cryptocurrency into fiat. Thus, they eliminate brokers, effectively democratizing access to traditional financial markets. 

One of RCO Finance’s offerings related to Ripple is its debit card. This card facilitates worldwide payments and transactions, just like Ripple does. That is exactly why experts believe a bullish prediction for XRP might trigger a massive surge for RCOF. 

Furthermore, this card provides seamless access to decentralized applications (dApps), decentralized exchanges (DEXs), and lending platforms. It also allows this same compatibility with traditional banking services. 

The card and the DeFi platform are secured with enhanced security features such as multi-factor authentication, biometric verification, and non-custodial control over funds. Finally, cardholders get incentives like cashback rewards, token rewards, and staking bonuses.

In addition to the above, RCO Finance has an AI-powered robo advisor that uses advanced algorithms and machine learning techniques. Traders can use the AI robo advisor to analyze market trends and identify investment opportunities. 

The crypto AI robo advisor can also execute trades on their behalf, ensuring traders take advantage of profitable trades. 

RCO Finance also offers automated market making (AMM) and liquidity pools. In AMM, algorithms automatically adjust digital asset prices based on supply and demand. Investors can also provide liquidity by staking their assets or putting them in liquidity pools.

How to Get the Most Out of RCOF’s Coming Price Boom?

RCOF is RCO Finance’s native token. It is used for transactions and rewards within the project. Purchasing RCOF is the key to accessing this incredible DeFi ecosystem. 

The token is currently valued at $0.0127 in Stage 1 of the presale. Investors who buy now will make a 169% profit when RCOF enters Stage 2. They will also see their initial investments gain 3,000% when RCOF officially launches on crypto exchanges. These massive gains make RCOF the most lucrative presale token.

Moreover, depending on the number of tokens held, long-term holders will earn dividends on their tokens. In short, RCO Finance is a goldmine waiting to be explored!

For more information about the RCO Finance Presale:Visit RCO Finance PresaleJoin The RCO Finance Community

The post Ripple (XRP) Bullish Prediction Could Trigger 1,000% Gain For This DeFi Token appeared first on CoinChapter.

Breaking news in the crypto industry headlines a renowned crypto trader and billionaire who took some time off from trading to resurface with $ 5 billion in profits from his early investments in Shiba Inu (SHIB). 

The crypto billionaire who doubles as an expert trader is seen to make a smart investment move as he rotates a significant portion of his net worth into ETFSwap (ETFS) groundbreaking ICO presale, which top analysts have projected to melt faces with a 45,000% price rally.

ETFSwap (ETFS) To Hit $2 Billion In Market Capitalization As Crypto Billionaire Invests In ICO 

ETFSwap (ETFS), an Ethereum DeFi utility token in its ICO presale stage, is going bonkers, skyrocketing in its daily trading volumes as a popular crypto billionaire who made $5 billion from his early token buys of the Shiba Inu (SHIB) meme coin invests heavily into the ICO to scale up his billion-dollar crypto portfolio further. 

The ripple effects of the crypto billionaire investments into ETFSwap (ETFS) viral ICO presale is seen to cause a rapid influx of retail, big whales and institutional players who FOMO in, securing ETFS investment spots for life-changing gains stemming from a 45,000% rally prediction by top analysts in the coming months. 

ETFSwap (ETFS) viral ICO presale is programmed to become a massive success, with analysts forecasting the ETFS token to reach a whopping $2 billion in market capitalization upon its grand token launch and listing on top exchanges. ETFSwap’s (ETFS) recent fame in the crypto industry is observed to scale the growth of its world-class decentralized platform, which offers amazing DeFi solutions and utilities for building profitable traders and investors. 

On the ETFSwap (ETFS) DeFi platform, a rich list of tokenized ETFs and profitable cryptocurrencies are available to smart traders and investors to trade and leverage for maximum gains. Also, the native token of the DeFi utility platform is a utility-packed crypto that enables smart traders and investors to swap for other profitable cryptocurrencies and tokenized ETFs listed on the platform. 

Upon swapping ETFS for desired crypto and ETF investments listed on the DeFi platform, smart traders and investors enjoy up to 50x leverage to scale their investments up to 50,000% in returns. The wide range of available tokenized ETFs listed for trading on the ETFSwap (ETFS) DeFi platform includes Leveraged, market, commodity, and fixed-income ETFs, etc. Smart traders and investors are sure to profit from these highly sought-after tokenized ETFs as they cover top traditional sectors, including technology, energy, healthcare, and agriculture.

ETFSwap (ETFS) promotes an investor-friendly trading platform as it makes advanced DeFi tools available to scale multiple investments. The ETF Screener, ETF Tracker, Filter, and ETF Finder tools are widely utilized by smart ETF investors to scale tokenized ETF investment gains rapidly. The available DeFi tools enable smart ETF traders and investors to find the best tokenized ETFs in the markets. Also, with tools such as the ETF tracker, investors can monitor and track the profitability of different tokenized ETFs in their investment portfolios.

Smart investors and traders on the ETFSwap (ETFS) DeFi platform are exposed to certain zero-risk investment options, such as its asset staking feature, which enables every user to earn a passive income and rewards up to 87% in staking yield. Every smart investor and trader leveraging the ETFSwap (ETFS) unmatched DeFi platform for profitable investments is assured of a secure trading environment audited by top global security firm CyberScope.

 ETFSwap (ETFS) respects the privacy and anonymity of every trader and investor, allowing investors to leverage its platform without providing KYC documentation.

Shiba Inu (SHIB) Among Altcoins To Fall Behind ETFSwap (ETFS) Presale

Shiba Inu (SHIB), a popular meme coin in the crypto industry that created many crypto millionaires in the 2021 bull run, is notably observed to struggle in its token price growth. The recent Shiba Inu (SHIB) price struggle observed by the wider crypto community can be attributed to the ETFSwap (ETFS) rivalry and groundbreaking DeFi entry, which gained the loyalty of investors who made significant dollar investments in its ICO presale.

However, Shiba Inu (SHIB) still presents the capabilities of being a runner in the forthcoming crypto bull run, only falling behind ETFSwap (ETFS). At press time, Shiba Inu (SHIB) trades at $0.00002535 according to coinmarketcap trading data.

Conclusion On ETFSwap As Best Altcoin Investment Choice Over Shiba Inu

ETFSwap (ETFS) tops Shiba Inu (ETFS) in the rankings of altcoins with the highest profitability return potential. Billionaires and big whales in the crypto industry pitch tents and move over to ETFSwap (ETFS) to leverage its undervalued ICO presale for life-changing gains in the coming months.

For more information about the ETFS presale:Visit ETFSwap PresaleJoin The ETFSwap Community

The post Crypto Billionaire Who Made $5 Billion With Shiba Inu Returns To Crypto After Hiatus, Here’s Why appeared first on CoinChapter.

Singapore, Singapore, June 5th, 2024, Chainwire

Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants

Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology.

More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading solution for integrating networks such as Polkadot, Ethereum and the broader EVM ecosystems. The 2024 Roadmap demonstrates Moonbeam’s dedication to continually improving its cutting-edge performance and experience for developers and users.

The Moonrise initiative is reflected in a comprehensive rebrand of Moonbeam’s look, underscoring how Moonbeam is more than a chain. It’s a hub for developers, Web3 enthusiasts, interoperability supporters and more.

“We’re beyond excited to reveal Moonbeam’s new look in conjunction with our ambitious plans for 2024. This year we are implementing improvements, upgrades and announcements to all facets of the Moonbeam and Moonriver networks,” said Aaron Evans, Head of Operations at Moonbeam Foundation. “As our passionate community of supporters knows, Moonbeam is a modern blockchain with features for developers and users that are still just a dream for other networks that remain in testnet phase.”

A lynchpin of the 2024 Roadmap is enhancing the core protocol with the introduction of asynchronous backing, a form of parallel processing that will quadruple block space and halve block times to 6 seconds, resulting in an 8x increase in overall throughput for Moonbeam.

More improvements include ensuring compatibility and seamless interoperability with Ethereum’s gas-saving Dencun upgrade, substantial upgrades to the UX for Moonbeam Routed Liquidity, and improvements to governance mechanisms.

Other highlights include:

Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.

Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.

User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.

The series of initiatives will begin rolling out immediately and will continue to be deployed through Q3 and Q4 of 2024, and into 2025.

To check out Moonbeam’s new website and follow the network’s upcoming developments, see: https://moonbeam.network.

About Moonbeam Network

Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

Social media links: 

Website | YouTube | GitHub | Telegram | Medium | X | Discord

Contact

Patrick BrendelSCRIB3patrick@scrib3.co

The post ‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem appeared first on CoinChapter.

Toncoin TON Read CoinChapter.com on Google News

NAIROBI (CoinChapter.com) — Toncoin (TON), the native token of the Telegram-based blockchain platform, is showcasing promising signs of a potential price surge in June, signaling a potential 50% upswing. Despite the ongoing market volatility, TON has formed an ascending triangle pattern, a bullish technical formation that suggests a breakout could be on the horizon.

TON/USD 1-day price chart. Source: CoinGecko

Toncoin (TON), currently trading at $7.44, has surged by 6.69% in the last 24 hours and reclaimed its position as the 9th largest cryptocurrency by market cap, surpassing Cardano (ADA). This remarkable achievement follows a staggering 228% year-to-date return, pushing its market capitalization to $18.26 billion.

Bullish Technical Indicators Point to $11.80 Target

A closer examination of Toncoin’s price chart reveals the formation of an ascending triangle pattern, a bullish technical formation that often precedes significant price rallies. Furthermore, the asset has been consolidating within the confines of this pattern, with the upper trendline acting as a resistance level around $9.00.

TON/USD 1-day price chart. Source: TradingView

A glance at TradingView’s chart reveals Toncoin’s strong buy signals. The Exponential Moving Averages (EMAs) at 50, 200, and 20 periods stand at 6.194, 4.347, and 6.625, respectively, forming a bullish alignment. This setup, where shorter-term EMAs are above longer-term ones, typically indicates an upward trend.

Furthermore, the Moving Average Convergence Divergence (MACD) and momentum indicators corroborate this bullish outlook. The MACD, a trend-following tool, shows positive momentum, suggesting buyers are in control.

However, caution is advised. The Relative Strength Index (RSI) sits around 68, nearing the overbought zone (above 70). An RSI exceeding 70 might trigger a price reversal, as it suggests the asset may be overvalued in the short term.

If Toncoin manages to break out convincingly above the upper trendline of the ascending triangle, it could potentially catalyze a significant upward move. Analysts are speculating a potential price target of $11.80, representing an additional upside of over 50% from current levels.

Toncoin Bulls Flex Muscles as Whale Activity Surges

On-chain data further supports Toncoin’s bullish outlook. A tweet from @ali_charts reveals a 237.5% increase in large Toncoin transactions (over $100,000) within the past 24 hours. This surge in whale activity often precedes significant price movements.

Source: Ali charts

In the last day, there were 27 such transactions, matching the 7-day high. This suggests institutional investors and high-net-worth individuals are actively repositioning their TON holdings. Such strategic shifts typically reflect changing sentiments or anticipation of major events in the cryptocurrency’s ecosystem.

TON addresses in profits. Source: IntoTheBlock

Moreover, IntoTheBlock reports significant activity across the Toncoin blockchain, with 100% of addresses holding TON tokens currently in profit. This highlights the rapidly changing investor sentiment, swinging from caution to greed in days. Strategic shifts by institutional investors and high-net-worth individuals indicate confidence in Toncoin’s long-term prospects and potential for further upside.

In summary, these on-chain indicators, coupled with the universal profitability of TON holders, strongly suggest a bullish trend for TON. As investors watch closely, the TON ecosystem seems poised for significant price changes and developments.

The post Toncoin (TON) Set to Post 50% Gains in June — Understand How appeared first on CoinChapter.

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

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

U.S. Spot Bitcoin ETFs See $887 Million Inflow 

U.S. Spot bitcoin exchange-traded funds (ETFs) recorded $886.75 million daily net inflows on June 4. This is the second-highest influx since their inception. This substantial inflow trails only the record set on March 12, when the funds attracted $1.05 billion in a single day.

U.S. spot Bitcoin ETFs daily Inflow of $886.75M. Source: SoSoValue

Fidelity’s FBTC led the charge with $379 million, followed by BlackRock’s IBIT with $274 million in net inflows. The total cumulative net inflows for these spot bitcoin ETFs now stand at $14.85 billion.

Other notable contributors include Ark Invest and 21Shares’ ARKB, which received $139 million. Additionally, Bitwise’s BITB saw $61 million of inflows, and Grayscale’s GBTC received $28 million. VanEck and Valkyrie’s ETFs also witnessed single-digit million net inflows.

Crypto News: U.S. Regulation Could Expose Crypto to $20T Industry

The U.S. political change could soon gain exposure to the $20 trillion financial advisory industry, according to Matt Hougan, chief investment officer at Bitwise. This potential influx depends on regulatory clarity from U.S. authorities.

Hougan believes the U.S. is finally moving towards regulatory clarity. This could open the doors to the country’s financial advisory industry. He envisions a scenario where a significant portion of the $20 trillion under management in the financial advisory sector could flow into cryptocurrencies once the biggest barrier is lifted.

The chief investment officer cites recent developments, such as the SEC’s approval of spot Ether ETFs and the House passing (FIT21), as positive signs of regulatory progress. He also acknowledged setbacks like President Joe Biden’s veto of the SAB 121 repeal.

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

GnosisDAO Approves Karpatkey’s Spin-Off

GnosisDAO, a decentralized autonomous organization (DAO), has approved the spin-off of Karpatkey, its DAO treasury risk manager, into an independent entity with its own KPK governance token. Karpatkey has been a part of GnosisDAO since 2021 and has successfully executed over 7,000 DeFi transactions.

Karpatkey provides treasury and risk management solutions, on-chain financial services, and support for DAO business development initiatives. It has worked with prominent clients in the crypto space, including Aave, Uniswap, ENS, and MakerDAO.

The proposal to spin off Karpatkey into its own DAO was first made in February. GnosisDAO members approved it via an on-chain vote.

Another Crypto News of the Day: Worldcoin’s Suspends Operation in Spain

Worldcoin has suspended its activities in Spain through the end of 2024 or until the German organization overseeing the project’s activity under the European Union’s General Data Protection Regulation (GDPR) completes its audit.

The Worldcoin project aims to establish a system where people can prove their humanity by having their eyeballs scanned by a Worldcoin orb. This will create a World ID that identifies them as human. In exchange, participants will receive cryptocurrency in the form of WLD tokens.

Several government agencies have scrutinized the Worldcoin project due to concerns related to the protection of personal data. One of them was the Spanish Data Protection Agency (AEPD), which ordered Worldcoin to cease operations in Spain in March.

U.S. Politicians Urge Biden to Bring Home Binance Exec

A group of United States politicians has reportedly asked President Joe Biden and the hostage affairs unit to bring Binance employee Tigran Gambaryan home from Nigeria.

Source: X

In a letter, 12 U.S. politicians stressed that Gambaryan remains “wrongfully detained” by the Nigerian government and that immediate action is essential to ensure his safety and preserve his life.

The U.S. politicians want the Special Presidential Envoy for Hostage Affairs to handle Gambaryan’s case.

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

The post Top Crypto News Of The Day: BTC ETF Inflows, $20T Crypto Industry Projection, and More appeared first on CoinChapter.

Tortola, British Virgin Islands, June 5th, 2024, Chainwire

Nibiru EVM execution boasts blazing-fast transaction speeds, scalability, and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web3. 

Overcoming Ethereum’s Scalability Hurdles

Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment, showcased in its latest v2 release.

Nibiru plans to scale beyond Ethereum’s current infrastructure, which is limited to approximately 20 transactions per second (TPS) and results in high fees during periods of congestion. These constraints hinder developers from building performance-intensive applications similar to the ones seen in Web2. Nibiru EVM surpasses these limitations by offering throughput exceeding 10,000 TPS even with just single-threaded execution.

To take the scaling and performance a step further, Nibiru plans to upgrade the network to process transactions with parallel optimistic execution, which is “targeted for release before the end of 2024,” according to Co-Founder of Nibiru, Unique Divine. This approach allows nodes to utilize extra hardware resources, pushing the boundaries on the network’s transaction handling capabilities.

Fueling Ecosystem Expansion and Enhanced Developer Experience

“Compatibility with Ethereum is a key driver for attracting liquidity and promoting ecosystem growth on Nibiru EVM. Launching a blockchain protocol is about building trust and showcasing real-world utility. Innovating and improving the EVM is a key part of our strategy,” explains Unique.

With Ethereum developers accounting for applications that make up over 90% of the total value locked (TVL) across smart contract ecosystems, Nibiru EVM significantly lowers barriers to entry and accelerates development timelines.

Nibiru EVM empowers developers with a robust, user-friendly environment that enables seamless interaction between Ethereum-based tokens and applications across multiple virtual machines. This multi-VM approach ensures fast transaction processing and a streamlined user experience.

Ethereum developers are able to deploy applications in a familiar EVM environment, reducing barriers to entry and accelerating development timelines, whilst also reaping the benefits of parallel optimistic execution and instant finality.

Nibiru in Early Innings

Since its mainnet launch in March 2024, Nibiru has supported Wasm (Web Assembly) smart contracts written in the Rust programming language. The introduction of Nibiru EVM promises developers an EVM-compatible execution environment that is both highly performant and scalable. Positioned to play a crucial role in the future of decentralized applications, Nibiru is driving innovation and setting the stage for mainstream adoption.

About Nibiru

Users can stay up-to-date on the latest news or engage with Nibiru by visiting the Community Hub. Users can find the official web application and information on user guides, block explorers, and upcoming governance and improvement proposals. 

Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, and value accrual.

Contact

PR & Media Inquiriesmedia@nibiru.org

The post Nibiru EVM to Transform Ethereum Capabilities for Tomorrow’s Web3 appeared first on CoinChapter.

HK, HK, June 5th, 2024, Chainwire

Web3 Foundation, the entity supporting the growth of the Polkadot ecosystem, has awarded a grant to PolkaPort East. The Decentralized Futures (DF) grant is designed to help further decentralize Polkadot while spearheading technical, community, and broader ecosystem adoption.

PolkaPort East is an independent entity leading investor relations and growth initiatives for Polkadot centered on Hong Kong and the Greater Bay Area. The DF grant from the Web3 Foundation is the first such award to be received by an organization working in Asia.

The grant will support PolkaPort East’s goals of leading investor relations and growth for Polkadot in the region. Its mandate also includes promoting Polkadot and its technology, and acting as a key regional driver of capital into the ecosystem.

Max Rebol, co-founder of PolkaPort East and CEO of Harbour Industrial Capital, a Polkadot-focused VC fund, said: “The launch of PolkaPort East comes at a crucial moment for Polkadot. It represents a critical step towards increasing the network’s decentralization while strengthening the ecosystem’s strategic position in Hong Kong. Thibault Perréard, also a co-founder who heads up strategy for Bifrost, a leading Polkadot parachain added: “With the support of the DF grant, PolkaPort East will be tapping into the thriving innovation hubs of Hong Kong and the Greater Bay Area while engaging and fostering relationships with local governments, global enterprises and capital allocators of the region.” 

Vincent Chan, the third co-founder of PolkaPort East who formerly led growth initiatives at Parity Technologies, explained that following the receipt of the DF grant, the initiative will seek to attract participants to the Polkadot ecosystem across Asia. These include projects and developers looking to build on Polkadot, Polkadot-native VCs, funds, and capital allocators, as well as general web3 investors. It will also target Asian university blockchain collectives and associations, fintechs seeking to enter web3, and local government exploring the use of blockchain technology.

Speaking on behalf of the Web3 Foundation, David Hawig, the Director of Ecosystem, stated “The Web3 Foundation is thrilled to support the Polkaport East initiative through a Decentralized Futures grant. This project exemplifies our commitment to fostering decentralized access and innovation within the Polkadot ecosystem. We believe Polkaport East will play a pivotal role in enhancing connectivity and empowering the community in Hong Kong, driving forward the vision of a truly decentralized internet.”

About Decentralized Futures 

The DF initiative developed by Web3 Foundation is designed to kickstart independent teams and initiative that will drive Polkadot’s success. It was established in 2023 following the restructuring of Parity Technologies which offloaded responsibilities for investor relations, growth and marketing to focus solely on technical development.

Through the DF program, funding is available for Polkadot-focused organizations that aim to generate profit, as well as for non-profits that have a strategy to secure ongoing financing through Polkadot’s onchain treasury system. An initial $20M plus 5M DOT tokens have been allocated to Decentralized Futures to expand the Polkadot ecosystem.

About PolkaPort East

Based in Hong Kong, PolkaPort East is an organization tasked with spurring adoption of the Polkadot ecosystem in Asia with a focus on Hong Kong and the Greater Bay Area. By working with different entities ranging from developers to investors, PolkaPort East will help to fuel adoption of web3 technology and onboard new users to Polkadot.

Contact

DIrectorThibault PerréardPolkaport Eastcontact@polkaporteast.xyz

The post Polkadot Enhances Decentralization in Ecosystem Growth With the Launch of PolkaPort East in Hong Kong appeared first on CoinChapter.

MANCHESTER, UK, JUNE 4, 14:00 BST, 2024 – Leading independent NFT news and media company Nifty Media has announced the expansion of their media arm through the acquisition of popular web3 media brand NFT Insider.

 

This adds to Nifty Media’s portfolio of blockchain-focused entities, which includes longstanding, reputable brands such as news websites NFT Plazas, magazine MagNFT, weekly newsletter Nifty Notes and virtual world advertising service Metaverse Residents.

 

The brand was purchased for an undisclosed fee, with current COO of Nifty Media John Nichols returning to helm of the site he founded in 2021. Areta acted as the exclusive financial advisor on the transaction, and Nifty Media has secured ownership over NFT Insider’s website, content and social media channels, with plans to relaunch this week.

 

Originally covering developments on the WAX blockchain, NFT Insider expanded to cover the wider web3 industry – both online and at major events around the world – following its purchase by NFT marketplace AtomicHub in September 2021. Highlights included exclusive interviews with the likes of FEWOCiOUS, Sebastien Borget, and Eddie Fear, and engagements with figures such as Ben Goertzel, Jeffrey Pabst and Sami Chlagou.

 

“I’m delighted to announce the acquisition of the popular NFT Insider brand,” said Chris Thomas, CEO of Nifty Media. “This marks a significant milestone for our company and is a fantastic opportunity to demonstrate our deep commitment to the NFT space.”

 

Whilst many web3 media companies are scaling back operations, Nifty Media is continuing to grow, with the acquisition and relaunch of NFT Insider marking the next step forward in their growth strategy for 2024 and beyond.

 

[END]

 

Media Contact – Nifty Media

John Nichols, COO: john@nftplazas.com

 

Media Contact – Lunar Strategy

Vineet, PR Manager, vineet@lunarstrategy.com

 

About NFT Insider

Founded in 2021, NFT Insider is a world-leading media outlet specializing in blockchain gaming, on-chain experiences and the industry at large. With a unique brand of honest, community-first reporting on the latest titles, tokens and must-know developments, we’re chronicling web3’s disruption of the billion-dollar entertainment industry.

About Nifty Media

Nifty Media is an industry-leading web3 media company, with its flagship brand NFT Plazas – the #1 news site dedicated to growing the NFT, web3 and metaverse space – having been founded in 2018. Our mission is to be an evangelist for blockchain technology, and highlight the exciting benefits and experiences it can bring. Through groundbreaking coverage of games, crypto art, collectibles, metaverse projects and more, we’re flying the flag for the entire web3 industry.

The post Nifty Media Acquires Innovative Web3 Media Brand NFT Insider appeared first on CoinChapter.

XiraBot is set to transform the trading landscape with its groundbreaking technology, merging dynamic trading capabilities, seamless chat integration, and inspiring visual generation across multiple platforms. This press release provides an overview of XiraBot’s innovative features and functionalities, designed to empower traders, facilitate communication, and enhance the trading experience like never before.

Empowering Traders with Dynamic Trading

XiraBot equips traders with an array of powerful tools to execute trades with precision and efficiency. By leveraging advanced algorithms and real-time market data, XiraBot enables users to analyze market trends, identify profitable opportunities, and execute trades confidently. Whether dealing in stocks, cryptocurrencies, or forex, XiraBot empowers traders to stay ahead of the curve and capitalize on market fluctuations.

Enhancing Communication with Seamless Chat Integration

XiraBot’s advanced chat functionality allows users to engage in meaningful conversations and receive instant assistance from Xira AI. Whether users have questions, need advice, or want to connect with fellow traders, XiraBot provides intelligent responses and support. This feature enhances communication and fosters a sense of community among users, making the trading experience more collaborative and supportive.

Revolutionizing Visual Content with Effortless Generation

XiraBot sets a new standard in visual content creation with its effortless visual generation capabilities. Users can describe the image they envision and watch as Xira brings it to life with precision and creativity. From presentations to social media posts, XiraBot enhances visual storytelling across multiple platforms, allowing users to captivate their audience with stunning visuals effortlessly generated by AI.

XiraBot Token Presale Details • Token Name: XiraBot Token • Token Symbol: XIRA • Token Supply: 10 Million

Presale Allocation: • Presale Allocation: 44.6% (4.46 Million Tokens) • Liquidity Pool Allocation: 25.422% (2.5422 Million Tokens) • Ecosystem Development Fund: 29.978% (2.9978 Million Tokens) • Total Tax: 0%

For more information about XiraBot, its revolutionary features, and the upcoming token presale, please visit our website or join our community on Telegram and Twitter.

Website:  https://www.xirabot.com/Telegram: https://t.me/TheXiraBotTwitter: https://x.com/TheXiraBot

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

The post XiraBot: Revolutionizing Trading with Dynamic Capabilities, Seamless Chat, and Inspiring Visual Generation appeared first on CoinChapter.

Verity One Ltd.TRUTH MATTERS

Verity One Ltd, operating under the ethos of ‘TRUTH MATTERS,’ has announced its strategic decision to adopt the new Ripple XRP EVM ERC platform. This move aligns with Verity One’s mission to enhance transparency, authenticity, and trust within product supply chains through advanced technologies such as AI and Blockchain.

A Game-Changing Experience at Consensus 2024

Attending Consensus 2024 in Austin, Texas, was a transformative experience for Verity One Ltd and Made in USA News. Accompanied by Michelle Tan, an ardent XRP enthusiast, I, an agnostic technology expert focused on building a secure blockchain backend on Hyperledger Fabric, sought an NFT and Token/Coin Management system. Our goal was to manage the onboarding and tracking of nutrient credits that we certify for public chains, offering state and US Government validated and certified nutrient credits through the EPA, US Army Corps of Engineers, VADEQ, and CBP’s ISNRP, as well as the Oyster Company of Virginia LLC and the University of Maryland Center for Environmental Services. During our exploration of the trade show, we had the fortune of meeting Matt Liimakka at the Ripple XRP Ledger booth. Despite my reservations about XRP, Matt’s welcoming approach convinced us to delve into their ecosystem. This led us to Zoniqx, where co-founder and CBO Sanjeev Birari provided a demo that immediately captured my attention. Zoniqx offered an integrated solution on the XRP Ledger System, promising customization and white labeling that perfectly aligned with our needs. It was an exciting discovery, primarily influenced by Matt and Sanjeev’s presentations. Michelle, always the XRP enthusiast, was overjoyed to meet David Schwartz, Ripple’s tech rock star. While she basked in her fan moment, I had the opportunity to engage deeply with David, who showed genuine interest in our nutrient credit initiative. His supportive and insightful demeanor was encouraging and validated the importance of our plans to clean the water and estuaries in Virginia, DC, Chesapeake Bay, Delaware River Basin, Hudson River, and NYC.

Strategic Decisions and Future Directions

Our interactions with David Schwartz, a revered figure in Ripple’s tech community, and the team at Zoniqx played a pivotal role in our strategic decision. We have chosen to embrace the new XRP EVM ERC platform, a significant move that aligns with our mission to make a positive global impact. This decision sets a clear trajectory for our project, opening new possibilities and potential benefits. 

The post A Game-Changing Experience at Consensus 2024 appeared first on CoinChapter.

Unimantic Protocol, a leader in automated trading on the cryptocurrency markets, has released an update to its MEV Bot software. These bots, known for their ability to extract maximum value (MEV) from transactions, have received a number of enhancements that make their operation even more efficient and secure.

What are MEV Bots?

MEV bots, or sandwich bots, automate the process of “sandwiching” transactions by inserting their transactions before and after target transactions in a mempool. This allows the bots to profit from price changes caused by large orders.

Technical Improvements:

1. Machine learning in mempool analysis: Bots now use machine learning algorithms to more accurately predict market changes and quickly identify target transactions.

2. Transaction Speed Optimization: The reaction time for bots to identify a target transaction has been significantly reduced, thus lowering the risk of competition and increasing the chances of successful execution of sandwich transactions.

3. Enhanced Security: New security mechanisms, including multi-factor authentication and data encryption, have been implemented to protect bots from attacks.

4. Multi-chain Support: Updated bots can now run on multiple blockchain networks simultaneously, including Ethereum, Binance Smart Chain and Solana, expanding the number of available sandwiching options.

5. Adaptive Strategies: Bots now have the ability to dynamically change their parameters based on current market conditions, allowing them to respond to market changes more effectively.

Example of operation:

1. Target Detection: a MEV bot monitors a mempool and detects a large purchase of Token A that is likely to cause the price of the token to rise.

2. Bot’s first transaction: The bot immediately sends a transaction to buy Token A at the current price.

3. Target transaction: The next transaction is an initial large purchase of token A that causes the price to rise.

4. Bot’s second transaction: The bot sends a transaction to sell Token A at the new, higher price, capitalizing on the price spike.

Conclusion

With the new update, Unimantic Protocol MEV bots become even more powerful tools for automated trading. These improvements provide users with not only increased profits, but also a high level of security. Unimantic Protocol continues to lead the way in innovation, providing its investors with the most advanced technology for successful trading in the cryptocurrency markets.

The post Unimantic Protocol Updates MEV Bots With New Features and Improved Security appeared first on CoinChapter.

MAR mining, the leading decentralized governance infrastructure, announced the completion of another US$100 million round of strategic financing. This financing will accelerate the adoption and strategic expansion of MAR mining’s decentralized governance and public goods financing technology stack.

MAR mining is a leading cloud mining infrastructure focusing on decentralized governance and public goods technology. Its core products include flagship public goods staking infrastructure that enables blockchain incentive-driven ecosystem financing; MAR mining, an application chain that hosts contract protocols; privacy protection and contract mechanisms that democratize public goods financing.

How to start cloud mining

Step 1: Choose a Cloud Mining Provider

MAR Mining is a powerful cryptocurrency mining platform that allows individuals to earn Bitcoin passively, without any strings attached, regardless of technical knowledge or financial resources. Once $100 worth of Bitcoins are mined, they can be transferred to their account and traded. The individuals can withdraw them to their personal wallet.

Step 2. Register Account

MAR Mining offers a simple registration process: the individuals just enter their email address. Sign up now and get $12 for free to start mining Bitcoin.

Step 3. Buy a Mining Contract

MAR Mining offers a variety of efficient mining contract options: contract prices range from $100 to $10,000, and each package has its own return on investment and a certain contract validity period. For example:

Step 4: Earn Passive Income

Cloud mining is a great way to increase their passive income. Earn passive income the day after purchasing a contract. Passive income is the goal of every investor and trader, and MAR mining is the best option to achieve this goal.

Platform Advantages:

Get $12 free immediately after signing up.

Get $0.60 every day you log in.

The level of profitability is high, making $1,000 a day is not a problem.

No additional service fees required;

Cloudflare® security protection;

24/7 technical support.

Conclusively, if the individuals are looking for ways to increase their passive income, MAR mining is a great option. MAR mining can help them grow their cryptocurrency wealth in “autopilot” mode with minimal time investment. Passive income is the goal of every investor and trader, and with MAR mining individuals can maximize their passive income potential easier than ever.

For more information about MAR mining, please visit the official website: https://marmining.com/xml/index.html#/.

Download MAR MiningAPP https://marmining.com/download/.

 

Website : https://marmining.com/

 

 

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

The post MAR Mining Received US$100 Million in Strategic Financing to Bring a Better Experience to Users. appeared first on CoinChapter.

ValueZone, a globally acclaimed leader in quantitative trading, today announced an ambitious expansion plan aimed at developing a range of innovative financial products and services. This strategic initiative includes forming partnerships with major exchanges worldwide by the end of the year, reinforcing ValueZone’s role as a trailblazer in blockchain trading and financial asset management.

Innovative Financial Products on the Horizon:

ValueZone’s commitment to innovation is at the core of its development strategy. By the close of this year, the platform intends to unveil new financial products that promise to transform the crypto trading landscape. These offerings are designed to enhance user experience and provide sophisticated tools that cater to the evolving needs of modern traders and investors.

Strategic Global Partnerships:

To support its expansion goals, ValueZone is collaborating with top-tier exchanges around the globe. These partnerships are aimed at integrating diverse financial markets, streamlining trading processes, and providing users with seamless access to a broader range of assets and investment opportunities. “Our goal is to bridge the gap between traditional financial markets and innovative blockchain solutions, offering our users unparalleled access to global financial instruments,” stated Adam Carl Waldman, CEO of ValueZone.

Enhancing User Experience and Services:

The integration with global exchanges is just one aspect of ValueZone’s comprehensive plan to enhance its service offerings. This collaboration will enable the platform to offer more competitive rates, improved liquidity, and faster transaction capabilities. Additionally, these partnerships are expected to facilitate the roll-out of advanced security features that ensure safer transactions and data integrity.

Commitment to Education and Community Engagement:

Recognizing the importance of informed investing, ValueZone is doubling down on its educational initiatives. The platform will launch a series of educational programs and community engagement activities designed to equip users with the knowledge to utilize new financial products effectively. These resources will include live webinars, interactive courses, and real-time market analysis.

Future Outlook and Innovations:

Looking ahead, ValueZone is poised to continue its trajectory of growth and innovation. Beyond developing new products and enhancing platform capabilities, ValueZone is committed to leveraging cutting-edge technology such as AI and machine learning to further refine its trading algorithms and risk management tools. “Innovation is perpetual at ValueZone, and we are constantly looking for ways to leverage technology to redefine the financial trading landscape,” added Waldman.

Conclusive Note:

With these strategic initiatives, ValueZone is set to redefine industry standards, offering users a robust, secure, and dynamic trading environment. The upcoming products and global partnerships will undoubtedly fortify ValueZone’s market position and set new benchmarks in blockchain-based financial services.

For more information about how to get started with ValueZone and make the most of the crypto summer, visit https://valuezone.ai or use media contacts.

Media Contact DetailsContact Name: Siodina EdgarContact Email: siodinaedgar@valuezone.aiCompany Name: Wealth Investment Blockchain Company Ltd.City/Country: Essex, United KingdomWebsite: https://valuezone.ai

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

The post ValueZone Enhances Trading Platform, Announces New Products and Strategic Global Alliances appeared first on CoinChapter.

In a remarkable reflection of the booming interest in cryptocurrencies, OkayCoin, a leading cryptocurrency staking platform, has reported an unprecedented staking volume following Bitcoin’s historic rise above $70,000. This significant increase in crypto staking underscores the growing enthusiasm for digital currencies. It highlights OkayCoin’s pivotal role in providing a secure and user-friendly platform for cryptocurrency investment and staking.

William Miller, CEO of OkayCoin, shared his insights on this recent trend: “The recent spike in Bitcoin prices has sparked a new wave of enthusiasm within the crypto community. At OkayCoin, this excitement translates into a substantial increase in staking volume. It’s clear that as cryptocurrencies gain mainstream acceptance, more individuals are looking to reputable platforms like ours to secure and capitalize on their digital assets.”

OkayCoin’s platform, renowned for its simplicity and effectiveness, allows users to engage in staking activities with a variety of cryptocurrencies, including Ethereum, and many other leading altcoins. The platform has been designed to cater to both seasoned traders and those new to the crypto space, offering tools and resources that empower users to make informed investment decisions.

The surge in staking at OkayCoin comes at a time when Bitcoin and other digital currencies are increasingly seen not just as speculative investments but also as viable components of a diversified financial portfolio. This shift in perception has been bolstered by Bitcoin’s recent price milestones, which have drawn significant media attention and spurred interest from institutional investors as well as the public.

Under the leadership of William Miller, OkayCoin has been agile in enhancing its platform to handle the increased demand, ensuring that both new and existing users experience seamless transactions and access to 24/7 customer support. “Our commitment to our users goes beyond providing a robust platform. We are continuously improving our services and educational resources to help our community make the most of their investments in this dynamic market,” Miller added.

Moreover, OkayCoin has recently introduced several new features aimed at enhancing user experience and maximizing investment returns. These include advanced security measures to protect users’ assets, real-time staking and rewards tracking, and an expanded selection of staking options that cater to different risk tolerances and investment goals.

The company’s focus on user education has also intensified, with a range of webinars, tutorials, and guides designed to demystify cryptocurrency investments and staking. These initiatives reflect OkayCoin’s belief that informed investors are the cornerstone of a healthy and sustainable crypto ecosystem.

As Bitcoin continues to chart unprecedented territory, OkayCoin is well-positioned to support its users in navigating the complexities of cryptocurrency investments. With a strong foundation in security, user education, and customer service, OkayCoin is committed to being at the forefront of the cryptocurrency revolution, empowering individuals to take control of their financial futures in the digital age.

OkayCoin offers a comprehensive range of staking packages designed for investors at all levels, from beginners to seasoned veterans. These packages are carefully structured to provide a variety of staking durations and potential rewards, ensuring there is an option to suit every investor’s goals.

Free Trial Liquid Staking: For just USD 100, newcomers can explore staking with a 1-day term, earning a total and daily reward of USD 2.00.

Ethereum Liquid Staking: At USD 300, this 1-day staking option offers a daily reward of USD 6.00.

Polygon Liquid Staking: This 3-day option for USD 800 yields USD 8.00 daily, totaling USD 24.00.

TRON Liquid Staking: With a 7-day period and USD 1,200 investment, this plan offers daily rewards of USD 12.00, with total rewards reaching USD 84.00.

Polkadot Liquid Staking: Demanding a USD 3,000 investment for 7 days, it delivers USD 33.00 daily, totaling USD 231.00.

Celestia Liquid Staking: This 14-day plan offers USD 72.00 daily, accumulating to USD 1,008.00.

Aptos Liquid Staking: Over 15 days, with a USD 10,000 stake, participants earn USD 140.00 daily, summing up to USD 2,100.00.

Sui Liquid Staking: For a 15-day period with USD 20,000 invested, it provides daily rewards of USD 280.00, totaling USD 4,200.00.

Avalanche Liquid Staking: Requires a USD 35,000 investment for 20 days, offering daily rewards of USD 525.00 and total rewards of USD 10,500.00.

Cardano Liquid Staking: This 30-day plan involves a USD 56,000 investment, yielding daily rewards of USD 896.00, totaling USD 26,880.00.

Solana Liquid Staking: Also lasting 30 days but with a USD 78,000 investment, it offers USD 1,404.00 daily, summing up to USD 42,120.00.

Ethereum Liquid Staking Pro: The top-tier option, priced at USD 100,000 for 45 days, provides the highest daily rewards of USD 2,000.00, totaling USD 90,000.00.

Each plan ensures the return of the principal post-staking, allowing investors to reclaim their initial capital along with their earned rewards. This structured approach guarantees that participants can engage confidently, supported by OkayCoin’s commitment to security, simplicity, and transparency.

About OkayCoin: OkayCoin is a leading technology firm specializing in blockchain and cryptocurrency solutions. Known for its secure, scalable, and user-friendly platforms, OkayCoin continues to lead the market in innovation and service, providing top-tier staking opportunities to global investors.

For more information about how to get started with OkayCoin and make the most of the crypto summer, visit https://okaycoin.comi or use media contacts.

Media Contact DetailsContact Name: William MillerContact Email: william@okaycoin.com Company Add: 525 Flower St, Los Angeles, CA 90071 USACity/Country: Los Angeles, USAWebsite: https://okaycoin.com 

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

The post Surge in OkayCoin Staking Volume Coincides with Bitcoin Breaking the $70,000 Barrier appeared first on CoinChapter.

Key Takeaways:

BNB price is gaining pace above the $650 resistance zone.

A major bullish trend line is forming with support at $600 on the daily chart.

The price is signaling a major breakout and might aim for a move toward the $800 resistance zone.

BNB price

BNB rallied above the $650 and $700 levels. The bulls are currently active above $650 and aiming for more gains above the $720 level.

BNB Price Outperforms Bitcoin

After consolidating above the $500 level, BNB price started a decent increase. It struggled to clear the $620 and $632 resistance levels on many occasions. Recently, the bulls finally managed to clear the $632 resistance zone.

Recently, Binance announced the first-ever Binance World Championship featuring a variety of skill-based trading challenges across your favorite products, with prizes worth $4.2 million.

Ready, Set, Trade: The #BinanceWorldChampionship Kicks Off!Compete for $4.2 million in prizes across multiple tournaments and exclusive offers. Participate and dominate https://t.co/ALcPYVWDis pic.twitter.com/IYjTjr2Xtp

— Binance (@binance) June 5, 2024

BNB price jumped over 10% in the past few sessions and even cleared the $700 resistance zone. It outperformed Bitcoin and Ethereum. It also settled well above the $620 level and the 50-day simple moving average (blue).

BNB/USD daily chart | Source: TradingView.com

The price traded as high as $716 and is currently consolidating gains. It is showing positive signs and trading above the $670 resistance. It is now attempting an upside break above the $710 and $720 resistance levels. A clear move and close above the $720 resistance could open the doors for another rally.

The next major resistance could be near the $750 level. A clear move above the $750 resistance might pump the price higher further. In the stated case, the price might test $800. Any more gains might send the price toward the $820 resistance level.

Dips Supported?

If there is a rejection near the $720 zone, BNB price might dip again. Immediate support is near the $670 level or the 23.6% Fib retracement level of the upward move from the $514 swing low to the $716 high.

The first major support is now forming near the $620 pivot level. There is also a major bullish trend line forming with support at $600 on the daily chart. The main support is near $600. A daily close below the trend line support and $600 could increase selling pressure.

In the stated scenario, BNB price might dive and revisit the $560 support region or the 50-day simple moving average (blue). If the bulls fail to protect $560, the bears could even aim for a test of $500.

Overall, BNB price is gaining bullish momentum above the $660 and $680 levels. A close above the $720 resistance could send the price toward $750 or even $800.

The post BNB Price Signals Major Breakout: Ready for a Bullish Surge to $800? appeared first on CoinChapter.

New York, United States, June 5th, 2024, Chainwire

Talisman, the ultra-secure multi-chain crypto wallet, has today announced the launch of Talisman Quests, a gamified experience designed to drive user engagement and education in the Polkadot ecosystem.

Having recently operated in beta, Quests compels crypto users to create a profile and progress through different levels by accumulating experience points (XP) and unlocking rewards. This progression is gamified with twists, turns, and a hidden story that gradually unfolds as users amass more XP.

“One of the biggest barriers to blockchain adoption is understanding where to start and how to go about navigating the sometimes dizzying world of web3,” said Jonathan Dunne, Co-Founder & Head of Technology at Talisman.

“With our new Quests app, we are making onboarding fun as well as rewarding, incentivizing users to explore all of the interesting projects and apps this space has to offer.”

Users can earn XP through a variety of means, including:

Wallet Mining: Simply holding tokens in your wallet generates rewards that correspond to the token type (staking activities also provide XP multipliers). Rewards can be claimed every four hours

Quests: Completing cross-ecosystem missions helps users earn XP, boosted points and rewards 

Referrals: Earning 5% of any friend’s total XP when they sign up using your referral link

Each month, Talisman will also release a new top rank, continually pushing the “frontier” as users find and seize The Sceptre, follow it to The Tower, and ultimately claim the Ultimate Power of Talisman.

“We built Quests to be engaging and memorable, while also serving as an educational journey for users venturing into the Polkadot ecosystem,” added Dunne. “Interacting with real apps and assets accelerates the learning curve in a meaningful way.”

An ultra-secure crypto wallet that makes it simple to store, send, receive, stake and swap Polkadot and Ethereum-based digital assets, Talisman was founded in 2021. Notable for its speed, security, and UX, Dunne says all the team’s work so far has led to this moment.

To get started with Talisman Quests, users can download the wallet at talisman.xyz and create their profile. There is also an option to import your account or recovery phrase from existing wallets such as Metamask, Rabby and Trust.

About Talisman

Talisman is an ultra-secure multi-chain wallet that makes web3 simple for beginners and unlocks superpowers for pros. With Talisman users can safely store, send, receive Polkadot and Ethereum assets, and connect to decentralized applications (dApps).

Contacts

Head of MarketingCharlie JobsonTalismancharlie@talisman.xyzCEOAgyleTalismanagyle@talisman.xyz

The post Talisman Wallet Launches Quests App to Gamify Users’ Rewards Experience in Polkadot and Ethereum appeared first on CoinChapter.

Terraform Labs Settles with SEC

NAIROBI (CoinChapter.com) – Terraform Labs has reportedly decided to settle its fraud charges in its case with the SEC. This news has led to a significant surge in the price of LUNA, Terraform Labs’ native token. The tentative agreement follows accusations of misleading investors, leading to TerraUSD’s collapse in 2022. James “MetaLawMan” Murphy, a cryptocurrency advocate, sees this as a positive development.

LUNA Surges Amid Legal Developments

Following the news of Terraform Labs’ decision to settle, LUNA saw a remarkable 80% price increase over one week. This development has brought renewed optimism to the Terra community. The legal issues surrounding Do Kwon and Terraform Labs have cast a long shadow over the ecosystem. TerraUSD’s collapse in 2022 resulted in over $40 billion in investor losses. However, the reported settlement has injected fresh hope into the community, leading to a bullish rally.

MetaLawMan highlights the importance of this settlement, suggesting that it may pave the way for the Ripple or Coinbase cases to reach the 2nd Circuit Court of Appeals. This could be crucial in determining the legal status of crypto assets. The LUNA community’s reaction reflects the potential regulatory gains for the broader crypto industry.

TerraUSD’s Collapse and Legal Ramifications

The 2022 collapse of TerraUSD marked a significant downturn in the cryptocurrency market. The SEC accused Do Kwon and Terraform Labs of misleading investors, leading to massive financial losses. The proposed settlement signifies a crucial step towards resolving these allegations. It also underscores the ongoing regulatory challenges facing the crypto industry.

The settlement news has had a positive impact on LUNA’s price. TradingView data shows that LUNA traded at $0.0067 at the time of writing, with a strong bullish momentum. This surge reflects the community’s optimism about the settlement’s potential implications for the Terra ecosystem.

Conclusion

The reported settlement between Terraform Labs and the SEC has led to a significant price surge for LUNA. This development brings renewed hope to the Terra community and highlights the ongoing regulatory dynamics in the crypto industry.

The post Terraform Labs Settles SEC Fraud Charges, LUNA Price Surges appeared first on CoinChapter.