Top Bitcoin Miner Calls Bitcoin Spark’s Rise “Eye-Opening”
Bitcoin, the first digital currency, stood the test of time and remains a prominent force in the crypto world. However, the rise of innovations like Bitcoin Spark is capturing the interest of experienced Bitcoin miners. Let’s look at a top Bitcoin miner’s take on Bitcoin Spark’s spectacular rise and go into the foundations of Bitcoin and Bitcoin mining.
Understanding Bitcoin; Bitcoin Mining
Bitcoin spreads decentralized digital currency. It is a deflationary asset operating on a transparent and secure blockchain with a capped quantity of 21 million coins.
Bitcoin originates via Proof of Work (PoW), a process that requires miners to use powerful computers to solve complex puzzles. The first to solve the problem confirms transactions and adds a block to the blockchain, earning new Bitcoins and transaction fees.
While necessary for network security, Bitcoin mining has received criticism for its energy-intensive PoW technique.
Bitcoin Spark’s Rise
Bitcoin Spark (BTCS) is a new cryptocurrency initiative making waves in the cryptocurrency community. With its Proof of Process (PoP) consensus method, Bitcoin Spark takes a novel approach to cryptocurrency mining. PoP is a more energy-efficient and environmentally friendly alternative to Bitcoin’s PoW, which consumes a lot of electricity.
The PoP consensus method is at the heart of Bitcoin Spark’s revolutionary approach. To mine BTCS, PoP demands users to engage in multiple procedures such as puzzle solving, CPU contributions, and advertisement viewing. Bitcoin Spark fosters a sustainable and inclusive mining ecosystem by diversifying revenue streams.
Top Bitcoin Miner’s Perspective
The growth of Bitcoin Spark has attracted elite Bitcoin miners, indicating a trend towards sustainability in the crypto sector.
Energy Efficiency
Bitcoin mining consumes much energy, which Bitcoin Spark’s PoP technique addresses by drastically reducing energy requirements.
Environmental Impact
Bitcoin Spark’s environmentally friendly solution appeals to ecologically conscious miners, making it preferable to Bitcoin.
Innovation
Bitcoin Spark includes innovative features such as CPU rental and advertising, diversifying revenue streams, and attracting miners who appreciate innovation.
Conclusion
The cryptocurrency environment is changing, and innovations like Bitcoin Spark are leading the way. The interest in Bitcoin Spark by top Bitcoin miners demonstrates the industry’s rising emphasis on sustainability and efficiency.
Bitcoin Spark signifies cryptocurrency innovation, reminding us of the significance of adaptation and progress. It is critical to stay aware and adaptable in this ever-changing crypto environment. Bitcoin Spark’s environmentally friendly strategy aligns with the industry’s future path.
You can also participate in Bitcoin Spark’s ICO to not miss out on BTCS like you did on Bitcoin. Check these links out to get more information on Bitcoin Spark (BTCS):
Website: https://bitcoinspark.org/
CRV Price Analysis: Here’s How CRV Can Rise To $1!
The post CRV Price Analysis: Here’s How CRV Can Rise To $1! appeared first on Coinpedia Fintech News
CRV price is trading in a falling channel with an overall bearish trend in the daily chart. The coin price is trading at a 99.16% discount from its all-time high of $60.50. These critical bearish data points make it difficult to imagine a bullish reversal in the Curve DAO token.
However, the CRV price trend seems to improve in the short-term trend, increasing the possibility of a bullish fightback.
Reversing from the $0.40 mark, the CRV price starts a positive cycle in a falling channel present in the 1-D chart. Similar to most of the underperforming coins, the Curve DAO token fails to hold critical support levels and gives a bearish breakout.
However, the current reversal breaks above the $0.49 barrier and reclaims the psychological mark of $0.50. Currently trading at $0.5080, the CRV price surpasses the 50-day EMA but struggles to sustain above the EMA.
The overhead resistance at $0.60 proves to be the next barrier for the uptrend as per the price action. The higher price rejection in the previous daily candle reflects a significant supply inflow at the horizontal zone.
Moreover, the technical indicators maintain an optimistic viewpoint on the upcoming trend.
Technical indicators:
MACD: The MACD and signal lines on the daily chart have crossed over and formed a bullish gap, increasing the likelihood of an uptrend.
RSI: The daily relative strength index (RSI) line has risen from the oversold zone, indicating a potential bullish reversal.
Will CRV Price Reach $1?
The overall CRV price action reflects a rounding bottom pattern in the daily chart with possibilities of an inverted head and shoulder. Moreover, the positive cycle might improve the social sentiment around Curve DAO a bit.
Considering the uptrend sustains in the CRV coin price, its market value can reach $0.80 with a $0.60 breakout. Moreover, the channel breakout will push the coin price to $1.
On the flip side, a reversal below $0.50 will prolong the downtrend to $0.40.
Veteran Investors Who Predicted Fantom (FTM) Rise, Says This Bitcoin Fork Could Do the Same
Seasoned crypto investors who successfully predicted the rise of Fantom (FTM) are now pointing to a particular Bitcoin fork. With the crypto market’s twists and turns, these experienced minds believe that this Bitcoin Spark holds the potential to replicate the remarkable ascent of Fantom in the competitive crypto landscape.
Bitcoin Spark (BTCS)
BTCS is a cryptocurrency and blockchain technology striving to revolutionize crypto through its innovative approach and technology. Bitcoin Spark deploys a Proof-of-Process (PoP) mechanism, which attracts staking and work done. This hybrid approach enhances scalability, security, and decentralization while making mining more accessible to diverse participants. It prioritizes inclusivity, allowing individuals with varying computational resources to participate in the mining process. It aims to level the playing field, reducing the dominance of wealthy miners often seen in traditional PoW systems.
The project implements a unique rewards distribution model that considers both the miner’s stake in the network and their contribution in terms of processing power. This approach prevents the concentration of rewards among a few large players. The BTCS token serves various use cases within the Bitcoin Spark ecosystem, including staking for passive income, settling transactions, and acting as a store of value. The application is central to the project’s concept, allowing users to contribute processing power via a virtual environment. This facilitates a more inclusive mining ecosystem that unlocks revenues for self-sustainability through advertising and GPU rental.
The Bitcoin Spark application is designed to be user-friendly and compatible with various operating systems, including Android, iOS, Mac OS, Windows, and Linux. It has an ICO, currently in phase five with BTCS going at $2.50, and a 9% bonus. BTCS investor expect an ROI of 436%.
Fantom Crypto
Fantom (FTM) is a blockchain platform designed to be a faster and more cost-effective alternative to other blockchain networks. It primarily focuses on supporting DeFi applications. Launched in 2018, Fantom addresses the limitations in transaction speeds that older blockchain platforms face when executing smart contracts. Fantom launched its mainnet, known as Opera, in December 2019. It employs a consensus mechanism called Lachesis, an Asynchronous Byzantine Fault Tolerance (aBFT) protocol.
This protocol is claimed to faster and more cost-efficient than older technologies while maintaining high-security standards. In aBFT, maximum decentralization, scalability, and security are emphasize. Unlike some other consensus methods, Lachesis nodes don’t send entire blocks to each other; they synchronize events instead.
Validators don’t vote on the exact state of the network; instead, they periodically exchange observed transactions and events with their peers. This method reduces the number of consensus messages created, as events can reused in different elections. Fantom’s Opera mainnet is compatible with the Ethereum Virtual Machine (EVM), making it possible for developers to migrate their Ethereum-based dApps to the Fantom network. The platform’s modular architecture allows for customized blockchains tailored to specific use cases. FTM tokens are uses for staking and voting on network decisions, giving token holders a say in the platform’s future.
FTM Price Prediction
Fantom has garnered attention in the blockchain and cryptocurrency community for its focus on solving scalability and speed issues, often cited as challenges for many existing blockchain platforms. Its ability to process transactions quickly and cost-effectively has made it a noteworthy player in the space, particularly in the realm of DeFi. FTM price prediction notes that Fantom will reach $0.5 in 2024. However, as with any cryptocurrency, investors and users must conduct thorough research and exercise caution when engaging with the Fantom network or related projects.
Details on BTCS and ICO here:
Website: https://bitcoinspark.org/
Will 2023 Be Borroe.Finance’s ($ROE) Stellar Rise?
Cardano’s market is struggling with uncertainties as whales drop over a billion $ADA, pushing its price lower. On the other hand, Aptos ($APT) is gasping as more investors exit its market. However, investors are finding solace in Borroe.Finance ($ROE), which has already delivered 25% profits for the early investors. Can Cardano and Aptos rejuvenate to compete with Borroe.Finance?
>>BUY $ROE TOKENS NOW<<
Cardano ($ADA) Keeps Sliding As Whales Exit the Market
Cardano faced a challenging August, witnessing a significant decline of over 18% in $ADA’s value. Unfortunately, September has brought no relief for Cardano, as $ADA continues to struggle with sideways movement near its recent lows.
According to on-chain data, Cardano’s whales have offloaded over a billion $ADA in the past week. This mass exit by whales has intensified the selling pressure in Cardano’s ($ADA) market, pushing retail investors to drop the token.
In other developments, Cardano ($ADA) developers have focused on enhancing its Peer-to-Peer (P2P) capabilities to advance the ecosystem. Cardano’s ($ADA) networking team recently addressed minor issues related to peer sharing and P2P development in a weekly update.
Despite the developments executed in Cardano’s market recently, $ADA is still struggling. But, analysts expect the $0.2500 support zone to hold and help Cardano to rebound to reach $0.2950 by the end of 2023. Due to the uncertainties in the market currently, $ADA is not a great crypto to buy today.
Aptos ($APT) Struggling Deep in the Red Zone
Despite a promising beginning in 2023, where Aptos ($APT) recorded gains of over 400% in Q1, the trend took a sharp turn. Aptos ($APT) retraced to its pre-Q1 levels, experiencing a loss of over 93% from its all-time high of $20.42, set in 2022.
Investors in Aptos ($APT) are expressing concerns as the coin dipped below the crucial $8.00 threshold and continues its downward slide. Previously a massive support level, it now stands as a potential resistance zone for rebounds in Aptos’s ($APT) market. The future of Aptos appears uncertain, with the $5.00 level emerging as the next significant support zone for $APT.
Analysts expect Aptos ($APT) could fluctuate from $5.00 to $8.00 throughout the remainder of the year. Any potential upward movements in Aptos’s ($APT) market depends on external factors. With the drops happening in Aptos’s market, $APT is not a good crypto to buy currently.
Borroe.Finance ($ROE) Is Rising Rapidly, Investors Are Happy
Borroe.Finance ($ROE) operates as a decentralized alternative to conventional revenue financing markets, intending to democratize access while reducing costs and guaranteeing swift processes.
On Borroe.Finance, loans are offered through non-fungible tokens (NFTs), representing collateralized future income, and these $ROE NFTs are traded on the platform’s P2P marketplace. Interestingly, users enjoy the flexibility to apply discounts to increase the appeal of their Borroe.Finance ($ROE) NFTs.
Borroe.Finance ($ROE) prioritizes massive security, scalability, and rapid transactions, along with offering instant funding for buyers and quick loan repayments for sellers. Furthermore, active users on Borroe.Finance’s marketplace are compensated for their engagement with the platform.
On that note, Borroe.Finance’s ($ROE) blockchain ICO is rapidly becoming highly popular. $ROE has increased by 25%, surging from the Beta Stage price of $0.0100 to the current Stage 1 price of $0.0125.
Most investors are entering Borroe.Finance’s ($ROE) market focusing on the final stage of the presale. When Borroe.Finance’s presale concludes, $ROE’s price will reach $0.0400, gaining by 300% compared to its initial price of $0.0100. Such massive growth makes Borroe.Finance ($ROE) one of the best new ICOs available in 2023.
Learn more about Borroe.Finance ($ROE) here:
Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe.Finance on Twitter
Tensions Rise as SBF and DOJ Prepare for Landmark Crypto Trial
Sam Bankman-Fried’s defense team is urging the overseeing judge to examine prospective jurors on their prior encounters with the embattled FTX founder, and his now-defunct crypto empire. With just three weeks to go before Bankman-Fried faces trial for seven criminal counts, both the defense and the Department of Justice (DOJ) laid out their proposed questions for jury selection late Monday.
The proposed questions aim to unearth juror perspectives on a range of topics from cryptocurrency and, also extending to areas like political donations, lobbying, and the very ethos of “effective altruism” that led the entrepreneur to amass a fortune so he could give it away.
Obstruction or Right to Defense?
Bankman-Fried’s lawyers have been lobbying hard to secure his temporary release from jail to mount a robust defense. They contest the prosecution’s sunny narrative that their client enjoys adequate laptop access behind bars. His bail was revoked last month after allegations of witness tampering surfaced, making his current circumstances particularly onerous.
DOJ Accused of Overreach
The DOJ has sought to disqualify all seven of Bankman-Fried’s proposed third-party expert witnesses, questioning their relevancy and undermining their proposed testimonies. Defense attorneys also slammed the DOJ for attempting to curtail their client’s constitutional right to present a defense.
Judge Lewis Kaplan revoked Bankman-Fried’s bail last month, alleging witness tampering. And although an appeals court is still to weigh in, the defense’s bid for more lenient jail conditions hangs in limbo.
Veteran white-collar litigators suggest that the jury selection, ordinarily a few-hour affair, could span days given the intricacies of this case. Prospective jurors with glaring biases could be dismissed, as both parties have a limited number of strikes.
Salame’s Guilty Plea adds Up Pressure
Former FTX executive Ryan Salame recently pleaded guilty to charges, leaving Bankman-Fried as the sole defiant figure in this legal saga. The plea didn’t include a commitment to testify against Bankman-Fried, but the conviction that adds up the pressure on the FTX founder.
Cryptomarket on Tenterhooks Over $3.4 Billion Liquidation
Meanwhile, the crypto industry is on edge over rumors that FTX could secure court authorization to liquidate approximately $3.4 billion in cryptocurrencies. If given the green light, such a colossal liquidation event could send shockwaves through the Ethereum and Solana ecosystems.
The drama surrounding Bankman-Fried extends far beyond the courtroom. His legal team cited numerous instances where the limitations on his internet access had crippled their ability to prepare an effective defense, calling into question the fairness of the upcoming trial.
The Fiery Rise of a Meme Coin: Introducing RedHotCock Token
Las Vegas, NV – RedHotCock Token, the hottest meme coin of 2023, has ignited the crypto community with its revolutionary spirit, boundless potential, and infectious sense of fun.
Born in the heart of Cryptoville, to Margaret “Megabyte” (Node) and renowned developer John Michael Rooster, known in the blockchain realm as Binary Dammett, RedHotCock Token embodies a legacy rooted in the early days of the internet. With a lineage steeped in diverse coding languages and digital technologies, RedHot Rooster’s journey took flight amidst the vibrant energy of Cryptoville, yet found solace in the tranquil landscapes of DataFarm.
RedHotCock’s journey is charted through an ambitious and meticulously planned roadmap.
Phase 1: Conceptual Genesis
In the bustling city of Cryptoville, the visionary minds behind RedHotCock Token embarked on a journey that would forever change the crypto landscape. It all began with the creation and launch of the official RedHotCock website, a digital portal that would become the epicentre of their vibrant community. This phase marked the formation of a robust and engaged following, as RedHotCock Token established a dynamic presence on Twitter, heralding the arrival of a meme coin with a difference.
Phase 2: Ignition on UNISWAP
The excitement reached fever pitch as RedHotCock Token entered the UNISWAP platform, the epicentre of decentralized trading. This marked the culmination of Phase 2, an achievement that sent shockwaves through the crypto world. The launch was accompanied by meticulous planning and executed perfectly, ensuring a seamless user experience.
A meticulously crafted marketing campaign stands ready, poised to spread the RedHotCock fervor far and wide. To celebrate the impending launch, RedHotCock plans to host the largest buying contest, a testament to their commitment to rewarding passionate supporters. The meme coin also has its sights set on achieving listings on prestigious platforms such as Coingecko and Coinmarketcap, solidifying its position in the crypto hierarchy.
The journey had just begun, and the crypto community awaited the next chapters in RedHotCock Token’s story.
Phase 3: On the Horizon
As RedHotCock Token continues to gain momentum, Phase 3 looms large on the horizon. This phase is dedicated to forging strategic partnerships that will bolster RedHotCock’s standing and reach within the crypto ecosystem. The team has exciting plans to introduce RedHotCock Emoticons, adding a dash of whimsy and uniqueness to the crypto experience. Another wave of dynamic marketing initiatives will be designed to captivate both seasoned crypto enthusiasts and newcomers alike. Simultaneously, all planned features are being fine-tuned for launch, enhancing the user experience and pushing the boundaries of innovation. The RedHotCock roadmap remains dynamic, ever-adapting to the evolving crypto landscape.
Tokenomics
Underpinning the RedHotCock ecosystem are meticulously designed smart contracts extending their influence across the digital realm. The tokenomics of RedHotCock Token are structured to provide maximum utility and accessibility:
- Total Supply: 100,000,000,000
- Buy/Sell Tax: 0%
- Liquidity Pool Burned: 10ETH
- Contract Authority: Renounced
Join the RedHotCock Revolution
As RedHotCock Token continues to prepare for its spectacular launch and the exciting prospects of Phase 3, it extends an open invitation to the global crypto community to join this extraordinary journey. With an unwavering commitment to innovation, community building, and an unparalleled user experience, RedHotCock Token stands at the forefront of revolutionizing the meme coin landscape.
For more information, please visit the official RedHotCock Token website at https://redhotcock.wtf/.
About RedHotCock Token
RedHotCock Token is a revolutionary meme coin that brings together a vibrant community, innovative features, and a commitment to pushing the boundaries of the crypto experience. Founded by John Michael Rooster and Margaret “Megabyte” Node, RedHotCock Token is poised to set a new standard in meme coins.
RedHotCock
Bobby Mando
TeraWulf Sees Sharp Rise in BTC Rewards with Increased Mining Capacity!
Bitcoin mining firm TeraWulf has seen a sharp rise in BTC rewards following an increase in its mining capacity in the first half of 2023. According to the company’s latest quarterly filing with the United States Securities and Exchange Commission, TeraWulf mined a total of 1,441 BTC through the first half of the year, up from 508 BTC mined in Q1. TeraWulf has over 50,000 new-generation Bitcoin miners and an increased operational hash rate of 5.5 exahashes per second, with 160 MW of capacity. The company plans to increase its capacity at Lake Mariner by 43 MW by the end of 2023, adding more than 18,000 new generation S19j XP miners.
BitcoinBulls in Charge: On-Chain Losses Ribbon Reflects BTC Price Rise
In a significant development for the cryptocurrency market, data analytics and insight platform CryptoQuant has unveiled a meticulously crafted on-chain indicator called the “On-Chain Losses Ribbon.” This groundbreaking tool has been instrumental in fostering optimism surrounding the ongoing bullish trend in Bitcoin.
Notably, insights provided by Spain-based CryptoQuant author, BaroVirtual, have shed light on the steady ascent of Bitcoin’s bullish trajectory, projecting further gains in the months and years ahead. Moreover, the indicator has already accurately pinpointed the lows of the recent Bitcoin bear market, occurring between December 2022 and January 2023.
BaroVirtual expounded on the indicator’s functionality, revealing, “From December 2022 to January 2023, the Ribbon showcased its upper threshold, progressively transitioning from its zenith to nadir. By February 2023, the Ribbon initiated a rapid descent, heralding the sustained advancement of the bullish trend,” as corroborated by CryptoQuant’s findings.
Bitcoin’s Next Moves as Foretold by the On-Chain Losses Ribbon Indicator
In recent months, Bitcoin has experienced a phase of consolidation, with its price oscillating within the range of $29,000 to $31,000. This trend has prompted apprehensions among traders, fueling concerns of an impending reversal. Analysts at CryptoQuant have, however, provided reassuring insights. They stipulate that a potential trend reversal could only materialize if the On-Chain Losses Ribbon descends to its predetermined lower threshold, subsequently stabilizes, and then transitions from its nadir to zenith.
As it stands, the On-Chain Losses Ribbon has yet to exhibit signs of a reversal, implying that the Bitcoin bulls may maintain their dominance in the coming months until the indicator reaches its bottommost peak.
Influences on Bitcoin Price Action
Parallel to these developments, the price dynamics of Bitcoin have been significantly influenced by the fervent activity of Fear of Missing Out (FOMO) crypto traders, who are actively speculating on alternative cryptocurrencies. Altcoins such as Shiba Inu, Sol, and Dogecoin have emerged as pivotal players, captivating the attention of traders and contributing to the intricate dance of the market.
In summary, the unveiling of the On-Chain Losses Ribbon indicator by CryptoQuant has brought renewed confidence in Bitcoin’s bullish trajectory. With steadfast indications pointing towards continued upward momentum, traders and enthusiasts alike eagerly anticipate the unfolding narrative of the cryptocurrency landscape.
Markets Rise Above Bearish Influence, Can it Sustain the Growth?
The crypto space breathed a sigh of relief with a minor upswing as the day’s trade began with a bullish push. The global crypto market capitalization increased by 1.54%, standing at $1.18 trillion, while the volume soared by 13.43% to hit levels above $36 billion. The Bitcoin (BTC) price rose above the major resistance and is trading at $29,703, while its dominance is slowly rising as it stands strong above 48.94%.
Crypto Market at a Glance
Top Gainers & Losers
| Gainers | Change in 24hrs | Losers | Change in 24hrs |
| Pepe(PEPE) | +6.66% | Mantle (MNT) | -6.69% |
| Toncoin (TON) | +5.75% | Optimism (OP) | -4.72% |
| Shiba Inu (SHIB) | +5.65% | Rocket Pool (RPL) | -3.57% |
| Hedera(HBAR) | +5.46% | GMX (GMX) | -2.58% |
| Solana (SOL) | +5.25% | Frax Share(FXS) | -1.89% |
Worldcoin (WLD)
The Worldcon price has reached lower support and has held firmly for the past few hours. The price appears to be accumulating strength as the volatility has dropped while the volume has raised slightly. Besides, the RSI is hovering along the lower support, waiting for a bullish push to trigger a rebound. The ADX that determines the strength of the rally has reached its peak and could be subject to a bearish divergence. Hence, the WLD is expected to remain under acute and prolonged consolidation.
Shiba Inu (SHIB)
The recent upswing has pushed the Shiba Inu price beyond the ascending triangle, breaking above the resistance. After a minor retest, the price has again triggered a significant upswing, indicating that the bulls are regaining strength. Besides, the RSI maintains an ascending trend along the lower trend line and has yet to reach the upper resistance. Therefore, the SHIB price may continue to rise slowly and steadily to reach the upper resistance at $0.00001190.
Solana (SOL)
Solana’s price is also flashing bullish signals as the price is close to reaching the apex of the ascending consolidation within a triangle. After the token reaches the edge, a strong breakout is expected that may propel the prices beyond the major resistance at $30 and may even mark new yearly highs above $32. The rising RSI substantiates the bullish claim that the market is maintaining a healthy upswing.
Terra Classic (LUNC)
The Terra Classic price has been plunging since the beginning of the year after facing rejection from the yearly highs above $0.0002. However, the token is trading within a falling wedge, which is largely considered a bullish pattern and could result in a bullish breakout. Besides, the RSI is incremental, which suggests, the price may rebound and rise high to reach interim resistance at $0.000116 shortly.
Litecoin Halving is Round the Corner; Will the LTC Price Rise Above $100 This Week?
Now less than 1000 blocks remain until the halving, as the event is about to occur in less than a day. The price was closer to breaching the falling wedge after remaining within the consolidation for over 27 days. However, the token’s volatility has risen significantly and has been trading within large ranges. Hence, the probability of a bullish breakout after the halving event is raised.
Presently, the LTC price has failed to rise beyond the wedge, indicating the possibility of triggering a fresh descending trend looms over the token. Meanwhile, the dolphins and sharks are constantly accumulating since the price underwent a huge rebound in the middle of June. As per the data from Santiment, they both have collectively accumulated more than 200K LTC.
The rise in these levels indicates growing confidence in the impending upswing, which may help the price hold a strong base in case of any bearish event. Considering the price movements and the recent monthly close, which was fairly bearish, the price is believed to remain consolidated below the crucial support at $94. Therefore, the possibility of these levels flipping above the newly framed ATGH major resistance is also quite possible, as the LTC price is likely to maintain a narrow trend around these regions, failing to surpass them.
This may strengthen the bearish hold over the market and assist the LTC price to drop towards its interim support ahead of Litecoin’s halving. However, the event is on the horizon and the upcoming halving is believed to lift the prices significantly up as the traders now expect similar price action in the coming days However, the current trade setup is pretty uncertain and hence the halving event is expected to turn the tables for the Litecoin (LTC) Price.
Can XRP Continue to Rise After Significant Drop?
In the oftentimes hectic and chaotic world of cryptocurrency, XRP has established itself as one of the prominent players. As we delve into the exciting month of August 2023, many investors and enthusiasts are eagerly awaiting predictions for XRP’s price movement.
This article aims to provide a comprehensive analysis, considering various factors that may influence the price of XRP during this period and comparing it against value picks.
XRP Price at the Crossroads
Developed by Ripple Labs, XRP is a digital asset that facilitates cross-border payments on the Ripple network. Unlike other cryptos, XRP doesn’t rely on mining, and its supply is predetermined, making it an intriguing asset for investors.
Although the project’s token was released in 2013, price movement was almost nonexistent until the 2017 bull run. There were also dramatic price changes in 2018 and 2021, which brings us closer to today’s situation. In the last month, the token’s price saw an impressive 45.91% increase, but now the outlook is a bit more complicated.
The more optimistic investors are keeping their fingers crossed that XRP, which since July 23 had its value decline by 1.72% to roughly $0,7161, may rise above the present set of challenges. The crypto experts seem to view the return to its former glory as a not-so-likely scenario, as evidenced by the table below:
| Month | Min. Value | Avg. Value | Max. Value |
| August | $0,4534704018 | $0,4595518935 | $0,4656333853 |
| September | $0,4413074182 | $0,4471861936 | $0,453064969 |
| October | $0,4287390018 | $0,4248204936 | $0,4409019854 |
| November | $0,4165760182 | $0,44224547936 | $0,4428333569 |
Which Coins to Buy Instead of XRP Now?
But whether XRP is bullish or bearish is still debatable among experts. The recent upswing, while remarkable, does not mean that Ripple will continue to show results as strong as some of the other less popular and volatile coins are showing.
ScapesMania ($MANIA) Ready to Usher in Change
The casual gaming market experienced a substantial 14.4% increase in revenue in 2023, and subsequent years are predicted to see even more rapid expansion. ScapesMania is a project that would allow investors to tap into that lucrative market and go beyond. It’s not a single game but an entire ecosystem created by a Binance Grant-winning team.
It empowers Web3 enthusiasts to benefit from and influence all progress via DAO governance without having to play the game. At the same time, it allows Web2 gamers to enjoy thrilling gameplay without having to learn a thing about cryptos. That’s what you’d call a win-win situation!
The project team made a bold statement, saying that the Play-2-Earn model is no longer viable and that they would breathe new life into a different sector instead. The project does have many upsides, including the usage of the buyback and burn mechanism, multi-layered reward programs for holders, active participation in development, usage of cutting-edge AI in content generation and client care, presence of varied revenue streams, and enormous growth potential as more and more projects are going to be integrated into the flexible gaming ecosystem.
For the wary crypto enthusiasts, it also bears mentioning that $MANIA passed the BlockSAFU audit and is well on its way to being successfully audited by CertiK. The coin’s inclusion on reputable cryptocurrency sites like CoinMarketCap and CoinGecko is another vote of confidence. PancakeSwap, Gate.io, and BitMart are prominent cryptocurrency exchanges that have entered talks with the project’s team to introduce $MANIA on their platforms. Further supporting the project’s legitimacy is that the team’s names and faces are prominently featured on the official website.
Currently, in the second stage of the pre-sale, the coin is being traded at the level of 0.00206 USDT. The price is expected to reach the level of 0.00250 USDT per coin at the next level. Many crypto analysts point to this project as being the next big thing since it has the potential to leverage the casual gaming market to maximize revenue. The listing price will be $0.01, five times bigger than the first-stage price.
People seeking to benefit from the clearly undervalued projects need to remember that buying altcoins at pre-sale is a golden opportunity to obtain tokens at a lower price than what they might be valued at after the official listing. Such purchases may provide remarkably high profits if the project shows promise from the get-go and the token’s value increases quickly.
Solana’s (SOL) on the Rise, But Are the Whales Interested?
Solana is a high-performance blockchain platform that supports decentralized applications (dApps) and innovative crypto projects. It was created by Anatoly Yakovenko in 2017 and officially launched in March 2020. One of the quickest blockchains available, Solana can process up to 65,000 transactions per second because of its remarkable scalability.
Recently, the ecosystem has seen substantial growth, with various projects and dApps being built on the platform. The rising value of SOL tokens is a direct result of the increasing demand for this thriving ecosystem. In the last seven days, the value increased by 4.39%, reaching the $25.44 level.
The biggest factors impacting the price will be technological improvements, DeFi and AI integration, and moves made by the other blockchain platforms vying for market share.
Conclusion
While coins with a bigger market cap and media exposure might generate more buyer interest on a day-to-day basis, underrated or pre-sale coins such as ScapesMania present more of a value proposition for savvy traders and other users who prefer to invest in something with real value and actual utility in the both short- and long-term.
It’s difficult to correctly predict the future value of XRP since it’s so prone to fluctuations, but one thing is for sure: purchasing tokens during pre-sale can be a rewarding venture, providing early access to innovative projects and the potential for significant returns.
FOMC Day Today; Will Bitcoin Price Plunge Below $28,800 or Rise Above $29,500?
The bitcoin price dropped recently below the multiweek trading ranges, which indicates that buyers may suffer more losses in the coming days. After maintaining a steep bearish trend since the early trading hours, the BTC price is now recording some marginal gains. Meanwhile, the other altcoins continue to trade under the bearish influence, which suggests a market reversal may be nearby.
Besides, with the FOMC meeting on the horizon, the BTC price fails to induce the required volatility. The price continues to trade between the pre-defined range of $29,400 and $29,000, and it was stuck for over a couple of days. Now that the meeting is around the corner, some BTC wicks may be formed around the price which may further indicate the end of the prevailing correction too.
Also Read: Bitcoin Whale Balance Declines Heavily, Raising Huge Concern Over the Upcoming BTC Price Rally
Many experts believe another 25 basis points are expected to rise by nearly 98% of the market. Hence, no large price variation may be expected but only if the FED chair, Jerome Powell, mentions something that is not expected by the market, a notable drop could be triggered.
According to popular analyst Michael van de Poppe, the Bitcoin price may fall to new monthly lows near $28,500. The drop is thought to have been precipitated not only by the FOMC meeting but also by GDP and PCE. However, the trade setup indicates the possibility of a bullish reversal after testing the lows that may lift the price back above $30,000.
Besides, onchain activity is fairly rising, as the monthly average of new wallets has exceeded the yearly average. This suggests the network fundamentals are improving along with growing utilization. The on-chain activity was contracted to some extent but it has again begun to expand which suggests there is some scope for a bullish reversal ahead.
Ripple News: XRP’s On-Chain Metrics Signal Notable Rise in 100M Whales
Since obtaining regulatory approval in the United States, XRP, the digital token associated with Ripple, has stayed in the limelight. Its non-security classification has seemingly whetted the appetite of large-scale investors, colloquially known as whales.
A Surge in Whales: Is Bigger Better?
Santiment, a cryptocurrency market intelligence platform specializing in on-chain analytics, reported via a social media post that the number of XRP whale wallets has witnessed a notable surge. These high-value wallets each hold a staggering minimum of 100 million XRP, equating to a sizable worth of at least $74 million.
The increase to 199 addresses of this magnitude matches the peak number recorded since May 13. This is undoubtedly a significant development in the XRP ecosystem and may suggest an uptrend in investor confidence or market dynamics.
XRP Whales’ Historical Dance
Reflecting on Santiment’s chart, July 2022 saw 200 XRP whales actively accumulating the digital token while it was trading below the $0.40 mark. However, as XRP’s price spiked past $0.518 over three months, these investors shifted gears and started offloading their holdings, causing a downtrend.
Fast forward to the period between December and March 2023, and these whales made a comeback. The average XRP price hovered around $0.414 during this phase of renewed accumulation. By April, another sell-off ensued, with the number of whale wallets also dipping below 200.
XRP Price
As of the time this article is being written, XRP’s value stands at $0.72, holding steady its position as the fourth-largest cryptocurrency by market capitalization. A technical analysis of XRP’s current standing reveals a bearish trend on both the daily and weekly charts.
The bulls are evidently grappling to break free from the bears’ grip. However, the Exponential Moving Average (EMA) suggests that there is still resistance to an upward trend.
Despite the current bearish signals, the continuous accumulation and disposition cycles from the whales may provide XRP with the necessary liquidity and volatility.
Crypto Regulations Concerns Rise as SEC Can’t Classify Syndicated Loans
In a dramatic turn of events, the U.S. Securities and Exchange Commission (SEC) recently admitted its inability to categorize syndicated loans as securities. The news came in a letter addressed to a court that has been eagerly awaiting the SEC’s opinion on this critical matter.
A Question Unanswered
The court had asked the SEC in March to decide whether ‘the syndicated term loan notes at issue in this appeal are securities under Reves vs Ernst & Young, 494 US 56 (1990)’. This was an unprecedented question since the court had not considered whether this type of note could be classified as security before.
Despite the court granting an extension for the SEC to submit its brief, the regulatory agency was unable to give its opinion. In the letter sent by the SEC General Counsel, Megan Barbero, she expressed regret over the inconvenience caused by the SEC’s inability to clarify its stance.
The Aftermath: A Broken Institution?
The SEC’s admission of indecisiveness is fueling concerns about the agency’s efficacy in regulating the burgeoning crypto industry. Some see this as a symptom of a larger problem. John Deaton, founder of Cryptolawus, criticized the SEC’s reticence, calling it a “broken institution” that refuses to provide clear guidance to the market and courts.
Deaton argues that the SEC’s strategy maintains an “opaque and vague regulatory environment,” enabling it to pursue any entity in the future. This situation, according to him, stifles innovation in the crypto space and contributes to the unnecessary legal quagmires experienced by many crypto startups.
The Impact on Crypto Industry
The SEC’s inability to categorize syndicated loans could have far-reaching implications for the crypto industry. As cryptocurrencies and crypto-based financial instruments grow more sophisticated, the SEC’s ambiguity on what is and isn’t security has the potential to harm the industry. It could lead to companies operating in a legal grey area, with the constant threat of prosecution looming overhead.
In the words of Deaton, this attitude from the SEC is a “disgrace.” It not only undermines the regulator’s credibility but also leaves a vibrant, rapidly-growing industry stuck in limbo, unsure of the legal boundaries within which it should operate.
The question now is whether the SEC will heed these calls and adapt its approach to better serve the needs of a rapidly evolving financial landscape. Only time will tell.
Robert Kiyosaki Warns of Impending Crash: Fake Money’s Downfall and the Rise of Real Assets
The post Robert Kiyosaki Warns of Impending Crash: Fake Money’s Downfall and the Rise of Real Assets appeared first on Coinpedia Fintech News
Renowned financial expert Robert Kiyosaki warns of an imminent giant crash as fiat money loses value. The BRUCS meeting in South Africa on August 22 may be the final blow to the fiat currency system. Kiyosaki advises investors to safeguard against economic turmoil by diversifying into real assets like gold, silver, and Bitcoin. This shift represents the end of fake money and raises questions about global economies’ ability to cope.
The Rise of Cryptocurrency in Sports Betting
The intersection of cryptocurrencies and sports betting has ushered in a new era in the betting industry. With the accelerating popularity of cryptocurrencies such as Bitcoin and Ethereum, online sports bettors are using these digital coins as payment options for their bettors. This article examines the growing trend of cryptocurrency integration in sports betting and its impact on the industry. Additionally, you get to review some of the best UK betting apps that have integrated cryptocurrencies.
Advantages of cryptocurrencies in sports betting
Anonymity and Privacy
Cryptocurrencies offer users an additional layer of privacy by permitting them to conduct transactions anonymously. For privacy-conscious sports bettors, this is a huge advantage.
Fast and Assured Transactions
Cryptocurrency transactions are processed quickly without the demand for intermediaries such as banks. This allows flawless deposits and withdrawals for a seamless betting experience.
Global Accessibility
Virtual currency is not tied to national borders or fiscal institutions. This accessibility opens up sports betting opportunities to those restricted by legal or regulatory frameworks in their home country.
Lower transaction costs
Cryptocurrencies rule out or considerably reduce transaction fees linked with traditional payment methods. This states bettors can maximize their winnings by avoiding unnecessary fees.
Integrating cryptocurrencies into betting apps
In response to the increasing demand for cryptocurrencies in the sports betting market, the best betting apps uk have started integrating digital coins into their platforms. Here are some of the best UK gambling apps that embrace cryptocurrencies.
Betway: Betway is a popularized UK betting app that supports cryptocurrencies. It offers a broad range of sports markets and lets users deposit and pull out funds using Bitcoin and other major cryptocurrencies.
888 Sport: 888sport is another popular betting app that integrates cryptocurrencies. It offers an accessible interface, competitive odds and accepts Bitcoin as a payment method.
William Hill: A well-known name in the sports betting industry, William Hill has adjusted to the cryptocurrency trend. They accept Bitcoin deposits and let users bet on various sports and events.
Betfair: Known for its imaginative betting trading platform, Betfair has also jumped on the crypto bandwagon. It supports Bitcoin payments and allows users to participate in peer-to-peer betting on sports.
Regulatory and safety concerns
Incorporating cryptocurrencies into sports betting has several advantages but also raises regulatory and security concerns. The decentralized nature of cryptocurrencies can make it difficult for authorities to administer regulations and protect users from fraud. However, trusted betting apps have taken the necessary steps to ensure a safe gaming environment for their customers. This includes implementing robust cryptography, employing strict Know Your Customer (KYC) procedures, and adhering to regulatory standards. In addition, users should exercise caution and be aware of the potential risks associated with trading cryptocurrencies, including Price Fluctuations and Phishing Attacks. To minimize such risks, it is important to choose a proven and reliable betting app.
Conclusion
Cryptocurrencies have gained much traction in the sports betting industry, offering particular benefits to bettors and betting platforms. Integrating digital coins into betting apps provides greater user privacy, faster transactions, global access and lower costs. Users should always be vigilant, learn about potential risks and choose reputable platforms to guarantee a safe and enjoyable betting experience. As the world of cryptocurrencies continues to evolve, its impact on the sports betting industry will likely be transformative, creating new opportunities for enthusiasts and bettors.
Binance Coin Price Movement Indicates A Rise in Interest, InQubeta Presale On Way To Break $1 Million Milestone
This trajectory is another pivotal milestone that showcases the growing demand and accentuates the potential of InQubeta to achieve its fundraising goals. The confluence of these two events has intrigued crypto investors and analysts, who eagerly anticipate the potential implications for the future of these top DeFi projects.
InQubeta’s (QUBE) Presale Demand Propels it toward the $1 Million Milestone.
The rising interest in InQubeta is becoming increasingly apparent as market participants actively secure QUBE tokens. InQubeta’s presale tokens have emerged as the best crypto to buy in this ongoing bear market, where utility is everything. The coin has already raised over $900,000 in a few weeks and is well on its way to passing the one million milestone. The presale will occur over ten separate funding stages, and by the time the presale ends, early investors will likely come out of the fundraising with substantial profits.
This potential is from the beta stage, which concluded with momentum that provided a 24% return to early backers. Currently, the presale is well into the first stage and will enter the subsequent phases with a constant rise in value. Each token goes for $0.00875, and it has already sold more than 110 million QUBE. The token price will then rise to $0.0098 in the following step. The presale will culminate with the token listing at $0.0308. The trajectory of InQubeta’s presale to hit the $1 million mark has raised investors’ expectations.
Stakeholders now see QUBE as the best crypto to buy due to significant returns on their investment, faster development progress, and higher milestones. Widely considered one of the most exciting token presales among new ICOs, InQubeta has promising long-term potential. The project plans to offer investment opportunities in AI startups through fractionalized NFTs and raise funding for the development of these companies. By investing in these equity-based NFTs, buyers can navigate the AI industry effortlessly while making profits long term.
Binance (BNB) Is Recovering Despite Recent Regulatory Actions
The decline of Binance Coin has been a hot topic since the recent Securities and Exchange Commission’s (SEC) lawsuit against Binance, the exchange responsible for its creation. This ongoing legal dispute has further dampened market sentiment in the crypto space, reflecting the downward price trajectory of BNB. As we approach the end of Q2, the token has experienced a notable decline from this year’s highs.
Experts conducting on-chain analysis have observed a surge in interest in Binance, resulting in a substantial increase in the value of BNB. This increase may be due to the agreement between Binance.US and the SEC, which prevented a complete freeze of the former’s assets. It could also be due to Binance’s recent efforts to address regulatory concerns, like delisting various trading pairs. However, the long-term recovery of Binance ultimately hinges on the outcome of the legal battle against its parent company, a process that could extend over a long period.
Conclusion
InQubeta’s presale is gaining momentum as it approaches the $1 million mark, showcasing its potential and growing demand. The AI-powered platform offers an intriguing opportunity to invest in QUBE for cheap and earn profits. Meanwhile, despite the ongoing tiff with the SEC, on-chain analysis indicates an increase in BNB’s value.
The performance of these top DeFi projects has created positive sentiment for the overall crypto space and the future development of related industries. Unlike other new ICOs, InQubeta’s rapid rise to this $1 million threshold is a testament to the promising future of the token.
Crypto Market Analysis: Top 4 Altcoins to Watch Amid Bitcoin’s Rise in Price and Dominance
The Bitcoin market made a breathtaking run towards $31k on Monday as key stakeholders showed confidence and more accumulation signs. The fact that Coinbase was named in the BlackRock-backed Bitcoin ETF re-application by Nasdaq to help in the market surveillance program, was a bullish outlook for the industry. Moreover, experts believe the crypto market led by Bitcoin has received a lot of validation from a $10 trillion investment fund manager despite the regulatory scrutiny by the SEC.
Santiment Spots Top Altcoins Gems to Keep an Eye On
According to market intelligence platform santiment 
santiment On-Chain 
, some top altcoins have shown a bullish outlook with their social dominance on the rise. Notably, Santiment noted that Bitcoin’s social dominance remains high at about 23.95 percent, but some top altcoins are getting sneaky. For instance, as of June 28, Ethereum had a social dominance of about 7.32 percent, XRP at 1.17 percent, Cardano (ADA) at about 1.53 percent, and BNB at around 0.643 percent.
As a result, Santiment informed crypto traders to keep a close watch on crypto assets, seeing little attention compared to Bitcoin, as their upside surge could happen anytime.
Also Read: BTC Price Analysis: Bitcoin’s Recent Silver Cross Points to Potential Breakout Above $40K
Worth noting, the altcoins mentioned by Santiment are under the radar of the United States Securities and Exchange Commission (SEC) for being unregistered securities. However, the respective crypto firms have vehemently defended their decentralization aspect. Nevertheless, the US judicial system has been left to issue a final ruling as Congress has failed to provide a clear crypto regulatory framework.
Bitcoin’s Meteoric Rise: Here’s Where BTC Price is Heading
Bitcoin (BTC) has successfully surpassed the crucial $30,000 mark, marking a significant milestone for the cryptocurrency. However, it now faces a formidable resistance area near $31,000. Should Bitcoin overcome this resistance, it has the potential to embark on a substantial bullish trend, carrying the momentum into the latter half of 2023. At present, Bitcoin shows signs of positive momentum, with short-term targets indicating potential higher highs.
Despite concerns surrounding the approval of Bitcoin exchange-traded funds (ETFs) in the United States, crypto traders remain unfazed. The market seems to be shrugging off these worries, showing confidence in the continuation of the bull run.
According to a new YouTube video by Crypto Capital Venture, Bitcoin’s narrative is strong, with regulatory bodies like the SEC distinguishing it as a separate entity from altcoins. The ongoing discussions about Bitcoin-related ETFs and various organizations refiling applications for approval contribute to this as well. This short-to-mid-term narrative may reflect a more bullish outlook for Bitcoin, resembling the price action observed in 2016 rather than the consolidation experienced in 2019.
Additionally, Bitcoin has climbed above the 20-month moving average, which holds critical importance in determining the macro trend. For Bitcoin to sustain its upward trajectory, it is crucial for the monthly candle to close above the $20,500 range, representing the 20-month moving average.
In terms of short-term targets, if Bitcoin breaks out of the consolidation, a higher high target below $33,000 is likely. However, strong resistance is anticipated in the $33,000 to $34,000 range, marked by an upper trendline that dates back to July. This area represents a critical zone where Bitcoin’s bullish momentum may face challenges. Nevertheless, if Bitcoin successfully surpasses this resistance, it could trigger a significant bullish move.
Uwerx Launches More Alpha Version Updates as STX & XMR Rise
With the aftermath of a challenging 2022, investors continue to actively seek new crypto projects to enhance their portfolios and generate profits.
In this discussion, we will highlight three coins worthy of attention thanks to their recent positive price movements — Uwerx, Stacks (STX), and Monero (XMR). These coins possess unique qualities that set them apart. This distinguishes them in terms of their potential for growth and success.
By exploring these projects, investors can discover opportunities that may lead to favourable outcomes in the ever-changing world of cryptocurrency.
Stacks (STX) Is Leading The Charge For Bitcoin DeFi
Stacks (STX), a smart contract protocol focused on bringing DeFi to the Bitcoin network, continues to gain significant attention from investors. This is because investors seek to capitalize on the growing popularity of Bitcoin NFTs, known as Ordinals. With thousands of Ordinals already minted on the Bitcoin blockchain, the emergence of this innovation has driven increased network usage, transaction count, and block size.
Stacks’ (STX) focus on enabling smart contracts on Bitcoin has further fueled the excitement surrounding Ordinals, leading to substantial price gains for the Stacks (STX) token. Stacks (STX) has performed remarkably well despite market fluctuations, surging by 16.35 % within 24 hours.
Furthermore, the Stacks (STX) token’s price has experienced a significant upward trajectory, rising by 81.73 % within the last seven days. This surge in demand can be attributed to the launch of the Ordinals protocol in Q1 2023.
Overall, the increasing interest in Ordinals and the potential for DeFi on the Bitcoin network has contributed to the impressive performance of Stacks’ STX token, solidifying its position as one of the market’s top-performing tokens.
Privacy Token Monero (XMR) Undeterred As Regulations Mount
Monero (XMR) is a crypto that prioritizes privacy. It employs sophisticated privacy technologies like ring signatures, RingCT, and stealth addresses to guarantee secure and untraceable transactions.
Monero (XMR) focuses on fungibility, ensuring that each unit of currency is interchangeable and indistinguishable from others. This emphasis on privacy has contributed to Monero’s (XMR) widespread adoption in various applications.
However, these privacy features have attracted regulators. In Q1 2023, Dubai introduced new regulations prohibiting the issuance and activities related to anonymity-enhancing cryptos like Monero (XMR). The United Arab Emirates (UAE) jurisdiction has published long-awaited crypto regulations, establishing licensing and authorization requirements for virtual asset companies and issuers operating in Dubai.
The rules define anonymity-enhancing crypto as virtual assets that prevent transaction tracing or records of ownership. This move aligns with similar actions by regulators in other jurisdictions, such as Japan and the EU, to restrict privacy-focused tokens.
Yet Monero (XMR) is riding high! After a significant decrease within the last 30—90 days, Monero (XMR) has experienced a notable surge in trading volume and market cap. This cumulates to a 2.93% price increase within the last 24 hours.
Furthermore, Monero (XMR) has demonstrated an upward trend in the last seven days. The crypto has gained 11.3% within this period. These recent developments highlight Monero’s strong and persistent potential.
Uwerx (WERX) New Alpha Updates Building Up To The Beta Test Version
Did you know? In 2023, there are about 1.56 billion freelancers worldwide. As the market evolves, there is a demand for a platform that goes beyond the basics. Uwerx, a new blockchain-based solution, aims to revolutionize the gig economy by offering enhanced opportunities and incentives for freelancers and clients.
Uwerx continues to take giant steps towards its launch with the launch of its platform’s Alpha version. This allowed users to explore some of the platform’s features. Some of the features unveiled included the Landing, Sign-up, and Login pages. The Forgot Password, Hiring Dashboard, and Freelancer/Client Initiation pages were also included alongside the Initial Step of Job Creation and Finding Talent, Job Creation Process, and My Activity pages.
Recently, more features were added. As a result, the Alpha version features now include Settings, Application boosting, Freelancer profile creation, and Milestones pages. The Job Application page was also redesigned to streamline the job posting and application processes.
The team has promised more upcoming updates that may feature enhancements to the Tools and Client and Freelancer Dashboards. Uwerx is soliciting user feedback as it continues developing the Beta Version.
Furthermore, the development team has gone the extra mile to ensure security by obtaining audit approvals from InterFi Network and SolidProof. They have also shown commitment to the platform’s decentralization and sustainability by announcing the renouncement of smart contracts ownership upon listing on centralized exchanges.
Further prioritizing security and stability, a significant step was taken on June 7, 2023, with a 9-month lock implemented on developers’ liquidity tokens. This decision received overwhelming support from 82.8% of the community. In addition, the team demonstrated their dedication to the community by reducing their token allocation to 7%.
The platform’s community-centric approach was also evident in their Test Airdrop poll, where 98.2% of the community approved the Test Airdrop to validate users’ receiving wallet addresses. The Test Airdrop will take place before the presale ends. As a result of this community-centric focus, Uwerx has already attracted 6,953 signups, 1,825 Telegram members, and 1,652 Twitter followers.
Uwerx (WERX) Presale Is Selling Out Fast
Take advantage of the Uwerx presale and purchase WERX tokens at a discounted price. Currently in Stage 5, the tokens are selling at $0.047725 and are projected to reach $3 by 2024, offering massive returns to token holders.
The presale’s successful performance was unprecedented, prompting the developers to allocate more WERX tokens to the presale. As a result, the presale allocation was boosted to 57% of the 750,000,000 total supply. Additionally, there is a limited-time 15% bonus for Stage 4 buyers.
Don’t miss this opportunity. Buy the presale today! Uwerx also offers a 15% bonus on all WERX purchases.
Solana (SOL) Price Prediction Post-SEC Claims, Tradecurve to Rise 38% By End of June
In this article, we delve into the potential outlook for Solana (SOL) amidst regulatory scrutiny. Additionally, we explore the emerging platform, Tradecurve, which has garnered attention for its innovative approach and has been projected to pump 38% by the end of June.
Solana (SOL) Price Prediction Post-SEC Securities Claims
Solana (SOL), with its impressive capacity for high-speed transaction processing, saw a substantial increase in value during the 2021 crypto bull run, rewarding early investors with returns exceeding 6000%. However, the narrative changed quite a bit in 2022, with its price taking a hit due to two key events.
The first event was Solana’s entanglement in the FTX controversy. The well-known exchange, a major backer of the Solana ecosystem, faced a significant scandal for using customer funds for their own gains.
Secondly, the security of the Solana platform was brought into question after a series of hacking incidents aimed at projects hosted on its blockchain. Both these occurrences struck a significant blow to Solana’s market value, causing a sharp fall from above $40 to just $12 within days.
It climbed back in early 2023 to a price of nearly $25. However, once again, Solana is facing bad news as the SEC recently stepped in and made claims that certain tokens under its umbrella are unregistered securities. This recent development has caused it to fall by 28% in a single week.
But where will the price of Solana go next? While it is oversold with an RSI of just 30, the regulatory landscape and security concerns still affect the overall sentiment for the coin, making it difficult to predict future movements.
The next price level to watch for Solana is the 2022 low of $8.10. Analysts are noting that a return to this level could be a good opportunity for investors to enter Solana with a long-term approach.
Tradecurve to Rise at 50% By End of June
Tradecurve is a pioneering trading platform that fuses the strengths of both centralized and decentralized exchanges. It enables users to leverage their cryptocurrency holdings as collateral for trading a broad range of assets, including commodities, stocks, forex, and other cryptocurrencies.
What sets Tradecurve apart from other exchanges is its no-KYC trading feature. Traders can access global markets seamlessly and anonymously, bypassing the typically lengthy identity verification process associated with many platforms.
Among its distinctive features, Tradecurve offers AI-powered algorithmic trading, high leverage of up to 500:1, access to premium account services, lower trading fees, and copy trading so that users can mirror the strategies of successful traders.
The platform’s proprietary token, TCRV, plays a pivotal role within the Tradecurve ecosystem, offering users additional rewards and discounts on premium services. As the Tradecurve platform grows and more users recognize the benefits, the demand for TCRV tokens is projected to rise and cause a surge in price.
Since the launch of its presale, the price of TCRV has already appreciated by over 80% to a current price of $0.018. However, this is only the start of the ascent as the TCRV price will rise as the crypto community is extremely bullish on the project.
For more information about the Tradecurve presale:
Website | Buy TCRV Presale Tokens | Twitter | Join Community on Telegram
Crypto Live News : Chinese Liquidity Boost Coincides with Bitcoin’s Rise, Says Prominent Crypto Analyst
Prominent crypto analyst @tedtalksmacro recently took to Twitter to highlight an interesting trend in the world of cryptocurrency. He noted that the increase in Chinese liquidity has coincided with a rise in the price of Bitcoin (BTC), a recurring theme throughout this year.
The actions of the People’s Bank of China (PBoC) are primarily aimed at stimulating the domestic economy. However, they have also indirectly impacted the cryptocurrency market. China’s implementation of “quantitative easing” has shown a correlation with the growth of the total cryptocurrency market capitalization (TOTALCAP) since the beginning of 2023.
Adding to the positive developments, Hong Kong, which is striving to become Asia’s cryptocurrency hub, has released encouraging reports. The region, which falls under the People’s Republic of China, plans to fully legalize the buying, selling, and trading of cryptocurrencies in June. Moreover, it aims to serve as a gateway for mainland Chinese institutions to enter the cryptocurrency space.
PBoC Had a Favorable Impact on BTC
Interestingly, the actions of the People’s Bank of China have had a favorable influence on Bitcoin’s price. @tedtalksmacro, a prominent crypto analyst, regularly tweets about Bitcoin (BTC) and the liquidity injections from the PBoC. His observations reveal that the significant liquidity injection in early 2020 was correlated with the macro bottom of Bitcoin’s price. Similarly, the current injection of cheap cash, which is currently underway, appears to follow shortly after the bottom of the preceding bear market.
As we navigate through an uncertain post-pandemic recovery, it is likely that the PBoC will continue its approach if economic data continues to disappoint. The impact on both the domestic economy and the cryptocurrency market will be worth monitoring as we progress into the rest of the year.
While the relationship between Chinese liquidity and Bitcoin’s price may not be the sole factor influencing the cryptocurrency market, it serves as a notable aspect to consider when analyzing trends and developments in the space. Investors and enthusiasts alike will be watching closely to see how these dynamics unfold in the coming months.
The news comes at a time when the price of Bitcoin has surged in the last seven days. According to CoinMarketCap data, BTC is trading at $30,555, with a 15.7% surge in the last seven days.
XRP Bulls on the Rise as Ripple v. SEC Lawsuit Nears End
As the sun sets on the lengthy legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC), the crypto community is abuzz with optimism for the future of XRP. Bill Morgan, a crypto lawyer and XRP enthusiast suggests that recent events indicate a potential positive outcome for Ripple.
Sunday evening I go for a walk, snap a photo, look at it later and finally see the sign. The sun is setting on the Ripple case & I think it is a good portent for XRP. Then early this morning my time Binance is sued. Hinman emails soon to be released. Lucky I’m not superstitious pic.twitter.com/JRrCIKbHxb
— bill morgan (@Belisarius2020) June 5, 2023
Binance Lawsuit Provides Hope For RIpple
The SEC’s recent lawsuit against Binance, the company running Binance.US, and its founder and CEO, Changpeng “CZ” Zhao, has sparked hope for a quicker resolution to the Ripple lawsuit. The legal action against Binance, alleging violations of federal securities laws, has stirred up the crypto community.
Coinpedia has covered the SEC v Binance lawsuit in depth. Read here: Binance Faces SEC Lawsuit: $700M Withdrawals and Metaverse Tokens Plummet! – Coinpedia Fintech News
XRP Community Reacts
In response to the Binance lawsuit, many in the XRP community view the move as a broader attack on the cryptocurrency industry. Morgan echoes these sentiments, calling for unity in the face of the SEC’s aggressive stance. Ashley Prosper, an XRP community member, suggests that the SEC’s focus on Binance may hasten the end of the Ripple lawsuit.
Ripple CEO’s Optimistic Outlook
Brad Garlinghouse, Ripple’s CEO, predicts a swift resolution to the case, estimating a timeline of “weeks, not months.” Ripple’s recent quarterly report reflects similar optimism, expecting a decision on summary judgment in 2023, although the ultimate decision rests with the court.
Will we get a resolution in June? Read here: Experts Believe Ripple Vs SEC Lawsuit Will End In June: Decoding The Possibility
Flow (FLOW), Aave (AAVE), And InQubeta (QUBE) Are On Track For An Exceptional Rise In 2023
2023 holds great promise for the crypto market, with several digital assets poised for significant growth and expansion. With the market buzzing with the recent rise of various tokens, investors are seeking a viable long-term investment that has the potential to explode this year.
Industry experts have made notable predictions about the remarkable rise of several tokens throughout this year. Among these predictions, the attention of experts has been focused on Flow (FLOW), Aave (AAVE), and InQubeta (QUBE). These cryptocurrencies have recently gained considerable traction in the community, demonstrating strong fundamentals and innovative approaches within their respective niches.
This article will explore why Flow, Aave, and InQubeta are on track for a remarkable rise in 2023.
InQubeta (QUBE): Pioneering the Rise of AI Startup Funding in 2023
InQubeta is on the path to an extraordinary ascent in 2023, leading the way as the world’s pioneering crypto crowdfunding platform. This innovative platform introduces the concept of fractional investment in AI startups by utilizing QUBE tokens, establishing a groundbreaking ecosystem.
The platform features deflationary a ERC20 token, representing a significant step towards revolutionizing AI startups’ fundraising and community engagement processes. By transforming each investment opportunity into a unique NFT and fractionalizing it, InQubeta enables investors to participate according to their budget while reaping the benefits of being early backers—this feature positions QUBE for a remarkable ascent in the current year.
Moreover, with its exceptional NFT platform, InQubeta’s marketplace allows AI startups to raise funds by offering a reward and equity-based NFTs, creating another growth avenue. Within its distinct ecosystem, QUBE DeFi token holders gain effortless access to invest in the AI projects they deeply believe in, encouraging a mutually beneficial relationship.
Alongside its trending NFT platform, InQubeta has a visionary approach to bridging the gap between startups and investors by enabling an investment ecosystem that is more accessible and inclusive for everyone. Its ongoing presale has been met with rapid success, and with the current price of the QUBE DeFi token at $0.007, early investors have the potential to make substantial gains on their initial investment.
Flow (FLOW): Paving the Way for NFT Adoption and Growth in 2023
Flow (FLOW) is a blockchain platform designed to cater to the burgeoning NFT market. With a focus on scalability and user experience, Flow has garnered significant interest from established brands and emerging artists.
The platform provides an enticing ecosystem for creators and collectors, offering a seamless environment for NFT creation, trading, and ownership. As the NFT market continues its rapid expansion, FLOW is positioned to capitalize on this growth, potentially witnessing a surge in demand for its native token in 2023.
Aave (AAVE): Powering the Decentralized Finance Revolution in 2023
Aave (AAVE) is a decentralized lending and borrowing protocol that has emerged as a leading player in decentralized finance (DeFi). Aave allows users to lend and borrow digital assets transparently and securely without intermediaries.
Also, with the rising popularity of DeFi and its potential to disrupt traditional financial systems, Aave stands at the forefront of this movement. As more users recognize the benefits of decentralized lending and borrowing, AAVE is set to experience an upswing in demand and value this year.
Summary
With their unique offerings and solid foundations, Flow, Aave, and InQubeta are positioned for exceptional growth in 2023. As the crypto market evolves and investor interest rises, InQubeta distinguishes itself with its unique AI startup investment platform. The project has the potential to deliver remarkable returns and capture the imagination of cryptocurrency enthusiasts and investors alike. With the presale ongoing, this is the best time to invest in this revolutionary project.
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The Rise of Crypto Owners Utilising PayPal and Alternative Payment Solutions for Storing Their Digital Assets
Cryptocurrency has revolutionised the financial world, offering individuals a decentralised and secure means of conducting transactions. As the popularity of cryptocurrencies continues to grow, so does the need for reliable and convenient storage solutions. In recent times, an increasing number of crypto owners have turned to payment platforms such as PayPal and other alternative options for storing their digital assets. Crypto owners like the security and safety of using alternative payment methods, similar to gamblers who like using alternative banking options at online casinos. This article explores the motivations behind this trend and delves into the reasons why crypto owners opt for these alternative payment solutions.
Security and Safety
One of the primary reasons why crypto owners choose to store their digital assets using PayPal and other alternative payment methods is the security and safety they provide. Cryptocurrencies are inherently secure due to their decentralised nature and encryption techniques. However, the storage of private keys and wallets can be vulnerable to cyber attacks, hacking, or accidental loss. By utilising payment platforms like PayPal, individuals can benefit from the advanced security measures implemented by these established and trusted companies.
PayPal, with its robust security protocols and stringent verification processes, provides a layer of protection that gives crypto owners peace of mind. In addition, platforms like PayPal have a proven track record in dealing with financial transactions, which further enhances the trustworthiness and security of storing digital assets through these channels. Crypto owners appreciate the security and safety of using alternative payment methods, similar to gamblers who prefer using alternative banking options at online casinos.
Convenience and Accessibility
Another significant factor driving the adoption of alternative payment solutions by crypto owners is the convenience and accessibility they offer. Traditional methods of storing cryptocurrencies often require users to manage their private keys and wallets, which can be complex and time-consuming for those new to the crypto space. PayPal and similar platforms provide a user-friendly interface that simplifies the process of buying, selling, and storing digital assets.
Moreover, these payment platforms offer seamless integration with various online services, enabling users to transact effortlessly across different platforms. The ability to use cryptocurrencies for online purchases, transfer funds, and engage in e-commerce activities through these platforms appeal to crypto owners seeking a convenient and all-in-one solution.
Wider Acceptance and Adoption
The increasing acceptance and adoption of cryptocurrencies by mainstream companies, including PayPal, has also contributed to crypto owners’ inclination towards these alternative payment solutions. PayPal’s recent announcement of holding nearly £1 billion in crypto assets on their balance sheet demonstrates the growing confidence in digital currencies. Such endorsements from established financial institutions not only validate cryptocurrencies but also provide reassurance to crypto owners.
By utilising PayPal and other similar platforms, crypto owners can seamlessly convert their digital assets into traditional currencies or spend them directly at merchants that accept these alternative payment solutions. This wider acceptance of cryptocurrencies broadens the utility and practicality of owning digital assets, further incentivising crypto owners to store their holdings using alternative payment methods.
Regulatory Compliance and Trustworthiness
Regulatory compliance and trustworthiness play crucial roles in addressing concerns surrounding cryptocurrencies. Payment platforms like PayPal offer a solution by enabling crypto owners to demonstrate their commitment to legal and regulatory frameworks. With strict adherence to financial regulations and compliance with KYC and AML requirements, PayPal provides reassurance to both owners and regulators, mitigating concerns about illicit activities.
Moreover, the reputation and trustworthiness of established payment platforms significantly impact the decision-making process of crypto owners. By choosing platforms with a longstanding presence in the financial industry, owners can minimise the risks associated with fraudulent schemes and unreliable storage solutions. The combination of regulatory compliance and trustworthiness makes PayPal and similar platforms an appealing choice for crypto owners seeking secure and legitimate options to store their digital assets, instilling confidence in the overall crypto ecosystem.
Final thoughts
The growing trend of crypto owners utilising PayPal and alternative payment solutions for storing their digital assets can be attributed to the inherent security, convenience, wider acceptance, regulatory compliance, and trustworthiness offered by these platforms. The advanced security measures, user-friendly interfaces, integration with online services, and regulatory compliance make platforms like PayPal an attractive choice for crypto owners seeking a secure and legitimate solution for storing their digital assets. As the cryptocurrency landscape continues to evolve, alternative payment solutions are likely to play a crucial role in shaping the future of crypto storage and transaction mechanisms.
In addition to security, the convenience and accessibility offered by alternative payment solutions play a significant role in the decision-making process of crypto owners. Storing cryptocurrencies traditionally involves managing private keys and wallets, which can be daunting for newcomers to the crypto space. However, platforms like PayPal simplify the process, allowing users to buy, sell, and store digital assets with ease. The user-friendly interfaces and intuitive functionalities make it more accessible for individuals to engage with cryptocurrencies.
Furthermore, the wider acceptance and adoption of cryptocurrencies by mainstream companies contribute to the appeal of alternative payment solutions. As more businesses and merchants start accepting cryptocurrencies as a form of payment, crypto owners are motivated to use platforms like PayPal that facilitate the conversion and spending of their digital assets. This increased acceptance not only expands the utility of cryptocurrencies but also creates a sense of legitimacy and confidence in the crypto market.
Regulatory compliance and trustworthiness are crucial factors that address concerns surrounding cryptocurrencies. By choosing reputable platforms like PayPal, crypto owners can demonstrate their commitment to legal and regulatory frameworks. These platforms adhere to stringent financial regulations and implement Know Your Customer (KYC) and Anti-Money Laundering (AML) measures to mitigate the risk of illicit activities. Such compliance provides reassurance to both crypto owners and regulators, fostering trust in the overall crypto ecosystem.
The decision of crypto owners to store their digital assets using alternative payment solutions like PayPal stems from the desire for security, convenience, wider acceptance, regulatory compliance, and trustworthiness. These platforms offer advanced security measures, simplify the user experience, integrate with various online services, and demonstrate adherence to regulations. As cryptocurrencies continue to gain mainstream recognition, alternative payment solutions will likely play a pivotal role in shaping the future of crypto storage and transactions, making them a viable and attractive option for crypto owners worldwide.
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The Rise of Free-to-Earn Gaming: Cryptochronic’s Blockchain Solution
The world of gaming is changing, and Cryptochronic is at the forefront of this revolution. This exciting new platform combines the best of free-to-play and play-to-earn models to create the world’s first free-to-earn ecosystem. With Cryptochronic, users can earn digital assets and cryptocurrency by playing games and completing challenges, all without spending any money.
The gaming industry has seen a significant shift in recent years with the rise of play-to-earn models. In traditional free-to-play games, players often have to spend real money to make progress or buy in-game items. This creates an uneven playing field where those who can afford to spend money have a significant advantage over those who cannot.
Cryptochronic solves this problem by creating a more equitable and accessible gaming experience. By removing the need to spend money, players can compete on a level playing field and earn rewards simply by playing the game.
The platform is built on blockchain technology, which ensures that all transactions are transparent and secure. The platform’s native cryptocurrency, CHRON, can be used to purchase in-game items and can also be traded on cryptocurrency exchanges.
One of the most exciting things about Cryptochronic is the potential it has to change the way we think about digital asset ownership. With traditional games, in-game items are often controlled by the game developer, which means that players have no ownership over the items they purchase. In contrast, Cryptochronic’s blockchain-based model means that players have full ownership and control over their digital assets.
This opens up a whole new world of possibilities for gamers. Players can earn rewards in the form of digital assets, which can then be used to trade, sell, or even create new games. This creates a decentralized gaming ecosystem where players have more control over their digital assets and the games they play.
Cryptochronic’s approach is a game-changer for the gaming industry, and it’s not hard to see why. By combining free-to-play and play-to-earn models, Cryptochronic has created a platform that is accessible to everyone, regardless of their financial situation. It also creates a more engaging gaming experience where players are rewarded for their skills and effort, rather than their ability to spend money.
The potential for growth and innovation in this space is enormous. Cryptochronic’s model has the potential to create a new wave of free-to-earn games, where players can earn rewards for their time and effort. As more developers adopt this model, we could see a shift away from traditional free-to-play games and towards more equitable and rewarding gaming experiences.
In conclusion, Cryptochronic is leading the charge in the play-to-earn revolution. Its innovative platform creates a more equitable and accessible gaming experience while also providing players with full ownership over their digital assets. With the potential to change the way we think about digital asset ownership and game development, Cryptochronic is paving the way for a new era of gaming.
Solana (SOL) Price Poised for Meteoric Rise, Predicts Raoul Pal
Altcoins are experiencing market volatility due to the banking crisis. According to technical analysis and a recent bullish reversal pattern, one analyst expects Solana (SOL) to rise soon. Is it a good moment to buy Solana or should you wait till altcoins bottom out? Find out!
Raoul Pal’s Bullish Analysis
Renowned macro expert and Real Vision Founder, Raoul Pal, has just shared his insightful analysis that has the crypto community buzzing. This time, Pal’s attention is squarely focused on Solana (SOL), the 11th-largest cryptocurrency in the market. Strap in and get ready for a potential rollercoaster ride of profits!
His influential Global Macro Investor (GMI) newsletter, reveals an intriguing pattern for Solana. After carefully studying the technical aspects, Pal has become increasingly bullish on the future of this Ethereum (ETH) competitor.
So, what’s got Pal so excited about Solana? Well, he believes the cryptocurrency is poised for a major breakout, transitioning from a bearish to a bullish trend. This revelation comes on the heels of a significant event in April—a remarkable inverse head and shoulders breakout. Since then, Solana has been consolidating, setting the stage for a potential explosive surge.
Why Solana?
At GMI, Solana has been on the radar for quite some time, and it has already delivered impressive gains, skyrocketing nearly 150% since the beginning of this year. With Solana currently trading at $19.88, the stage is set for a thrilling opportunity that could yield substantial returns for investors like you.
Global Equities on the Verge of Rally
But that’s not all! Pal’s expertise extends beyond cryptocurrencies. He also shares his insights into the global equities market, adding another layer of excitement to the mix. According to Pal, global equities are on the verge of a powerful rally.
He points to a captivating pattern—a head-and-shoulders bottom formation—that suggests a potential surge in the overall market. The key lies in the All-Country World Index (ACWI), a comprehensive gauge of large and mid-cap equities in both developed and emerging markets. If a crucial resistance level on the ACWI index is shattered, brace yourself for a remarkable surge in global equities.
Solana’s Trend Reversal
What makes this analysis even more intriguing is the completion of an inverse head and shoulders breakout in April. Following this breakout, Solana entered a consolidation phase, creating the perfect setup for a potential upward surge. He further emphasizes that Solana has been a major focus at GMI this year, and its impressive 150% increase since the beginning of 2023 speaks volumes about its potential.
Bitcoin Nears Major Resistance While Shiba Inu Awaits for a Massive Rise Ahead
The crypto markets received a minor push in the early trading hours, which raised the BTC price back above $27,000 in very little time. The rise in the value of Bitcoin compelled the other altcoins to maintain a notable upswing that has been rising significantly. Tokens like Ethereum, XRP, etc. have maintained enough strength, while, cryptos like Shiba Inu are preparing to undergo a breakout.
Bitcoin Tests Major Resistance
After the recent price action, the BTC price has approached close to the major daily resistance. Currently, the price may encounter a couple of major resistance levels in the coming days. The first is around $28,000 and is located at 0.6% FIB levels; it sustains well, and a notable rise towards the next target at $28,800 may be expected. However, a notable plunge from the resistance zone may be expected, represented by the red arrows in the above chart.
Major Surge Awaits Shiba Inu Price
The Shiba Inu price has been consolidating within a very narrow range for nearly a week after undergoing a significant plunge in the first few days of May. However, the price is approaching the major daily support and also the daily lows.
But a rebound is expected to trigger around these support levels towards the targets at the resistance mentioned in the above chart. The first resistance could be around $0.000012, while the next target could be close to $0.00002 after surpassing $0.000015 levels.
The Rise of Yachtify (YCHT) in a Competitive Crypto Landscape
Yachtify (YCHT), an innovative and groundbreaking investment platform, is making waves in the dynamic crypto market. As the demand for unique and practical use cases in cryptocurrency grows, Yachtify stands out by offering fractional ownership of luxury yachts through its platform.
By leveraging blockchain technology, Yachtify enables investors of all levels to gain access to this traditionally exclusive and high-end market, unlocking new investment opportunities and expanding the reach of the crypto ecosystem. As the industry continues to evolve and adapt, Yachtify (YCHT) is well-positioned to disrupt the market and redefine the future of luxury asset investments.
Yachtify’s Unique Offerings and Competitive Edge in the Crypto Space
In an increasingly crowded and competitive crypto landscape, Yachtify (YCHT) has managed to carve out a niche for itself by combining luxury asset investment with the power of blockchain technology. With its innovative platform, Yachtify is able to offer a range of unique features and benefits that give it a competitive edge over other projects in the space.
- Fractional Ownership: Yachtify’s platform allows investors to own a fraction of a luxury yacht, breaking down the traditional barriers to entry and making yacht ownership more accessible to a broader range of investors. This fractionalization democratizes access to the luxury yacht market and provides a new and exciting investment opportunity within the crypto space.
- Seamless Investment Process: Yachtify has designed its platform to be user-friendly, making it easy for investors to buy, sell and manage their yacht ownership tokens. This streamlined approach simplifies the investment process and lowers the barriers to entry for those looking to diversify their crypto portfolios with luxury assets.
- Presale Opportunities and Tokenomics: Yachtify’s presale offers attractive pricing for early investors, with tokens available for just $0.10 each and a 30% bonus on buys during the presale stage. Combined with a strong tokenomics model, these incentives are designed to drive demand and foster a healthy ecosystem for the YCHT token.
- Transparent and Secure Platform: By leveraging blockchain technology, Yachtify ensures that its platform is transparent, secure and immutable. Investors can trust that their ownership stakes are accurately recorded and protected, fostering confidence in the platform and its offerings.
- Strong Community and Support: Yachtify is backed by a passionate and engaged community of investors, enthusiasts and industry experts who share a common vision for the future of luxury asset investments in the crypto space. This support network enables Yachtify to continue innovating and growing, further solidifying its position as a market leader.
Yachtify (YCHT) is uniquely positioned to capitalize on the growing interest in luxury asset investments in the investment world. With its innovative platform, strong tokenomics and a clear competitive edge, Yachtify is poised to become a major player in the ever-expanding world of cryptocurrency.
Future Growth and Expansion Opportunities for Yachtify (YCHT)
Yachtify (YCHT) is well-positioned for future growth and expansion, with various opportunities on the horizon. As a pioneer in fractional yacht ownership, the platform capitalizes on an emerging market offering a fresh approach to luxury yachting. By making yacht ownership more accessible and affordable, Yachtify is poised to attract diverse investors seeking to diversify their portfolios.
One of the key factors contributing to Yachtify’s potential for growth is its attractive presale offering. The platform has set the presale price at just $0.10 per token, making it an affordable entry point for both new and seasoned investors. Additionally, Yachtify is offering a generous 30% bonus on buys at the presale stage, further incentivizing early participation and investment.
As the platform continues to grow, Yachtify has plans to expand its offerings and explore new opportunities within the yachting industry. This may include the development of new partnerships with yacht manufacturers, marinas and luxury travel companies, as well as the introduction of exclusive yacht experiences and services tailored to the unique preferences of Yachtify token holders.
Moreover, the platform’s focus on fractional yacht ownership means that it can tap into a broader market of potential investors, as it breaks down traditional barriers to entry in the yachting world. This approach democratizes yacht ownership and creates a more sustainable and efficient model for the industry.
Yachtify (YCHT) presents a promising investment opportunity, driven by its innovative approach to yacht ownership, attractive presale pricing and bonus incentives. As the platform grows and expands, investors can expect new opportunities and exciting developments in the luxury yachting space.
Join Presale: https://buy.yachtify.market
Website: https://yachtify.market
Telegram: https://t.me/yachtify
Twitter: https://twitter.com/yachtify_market
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Crypto Whales are Cashing Out of Arbitrum (ARB) and Shiba Inu (SHIB), Betting on TMS Network (TMSN) for Meteoric Rise
The crypto market has witnessed major shifts in 2023 as investors seek new opportunities and avoid risky bets. In this article, we will explore how crypto whales are dumping Arbitrum (ARB) and Shiba Inu (SHIB), two popular tokens that have lost their momentum, and why they are flocking to TMS Network’s (TMSN). This new Web3-based trading platform promises high returns and low fees.
Crypto whales dump Arbitrum (ARB) as it loses steam
Arbitrum (ARB) is a layer-2 scaling solution for Ethereum that aims to improve its speed and efficiency. Arbitrum (ARB) launched its mainnet in August 2022, quickly gaining popularity among developers and users. However, Arbitrum (ARB) has faced some challenges in 2023, such as security issues, network congestion, and competition from other scaling solutions.
As a result, crypto whales have been losing interest in Arbitrum (ARB) as they seek better opportunities elsewhere. According to data from Etherscan, the number of addresses holding more than 10,000 ARB tokens has decreased by 20% in the past month, indicating that large holders are selling their stakes. Moreover, the trading volume of Arbitrum (ARB) has significantly declined over the past few weeks.
Shiba Inu (SHIB) is losing favour among crypto whales
Shiba Inu (SHIB) is another token losing its appeal among crypto whales. Shiba Inu (SHIB) is a meme-inspired cryptocurrency created as a joke and a Dogecoin (DOGE) rival. Shiba Inu (SHIB) reached its all-time high in October 2021 after gaining massive exposure from social media and celebrity endorsements. However, Shiba Inu (SHIB) still needs to sustain its hype and growth, as it faces several challenges, such as regulatory uncertainty, community infighting, and lack of innovation.
Shiba Inu (SHIB) has lost more than 90% of its value since its peak, trading at $0.00001 at the time of writing. Crypto whales have been dumping Shiba Inu (SHIB) in large quantities as they see no future for the token. According to WhaleStats, a mysterious crypto whale bought 3.2 trillion SHIB tokens in December 2022 but sold them all in March 2023, losing over $50 million. Similarly, another well-known Ethereum whale, “Gimli”, reduced its SHIB holdings by more than half in the past month.
Why crypto whales consider TMS Network (TMSN) a worthy investment
While crypto whales are exiting Arbitrum (ARB) and Shiba Inu (SHIB), they are accumulating TMS Network’s (TMSN) tokens at a record pace. TMS Network (TMSN) is a new Web3-based social trading platform that allows users to trade various assets such as forex, futures, CFDs, stocks, and more using cryptocurrencies. TMS Network (TMSN) aims to solve the problems of existing online trading platforms, such as wash trading, price manipulation, high transaction fees, and low transaction speed.
Lower transaction costs on the TMS Network’s (TMSN) allow traders to stake their gains and strategically reinvest in the market. TMS Network (TMSN) also enables traders to benefit from its user-friendly interface, facilitating platform navigation and trading execution.
TMS Network’s (TMSN) provides training videos and materials to users to assist them in lowering the risk of trading losses and making educated decisions. The TMS platform also has a copy trading feature and trading signals allowing traders to benefit from the decisions of their more experienced peers.
TMS Network’s (TMSN) launched its presale in February 2023 and has already raised over $4 million from investors. TMS Network (TMSN) has also become a favourite of major crypto bulls after logging a growth rate of 2500% in its presale launch.
TMS Network’s (TMSN) has emerged as one of the most profitable crypto projects in 2023 and is expected to generate more profits as its user base continues to grow.
Presale: https://presale.tmsnetwork.io
Website: https://tmsnetwork.io
Telegram: https://t.me/TMSNetworkIO
Twitter: https://twitter.com/@tmsnetwork_io
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