The cryptocurrency market remains volatile, with PEPE experiencing a sharp downturn and Solana showing signs of a potential rally despite recent corrections. Amid these swings, BlockDAG is thrilling its followers with news of an imminent grand unveiling of its CEO and team, as its presale surges to $57.1 million. 

On July 29, BlockDAG will introduce its CEO, executive team, and advisors, followed by an AMA with the CEO the next day and a documentary about its growth set for August release. These initiatives are expected to elevate BlockDAG’s profile as the leading bullish cryptocurrency, with forecasts suggesting a forthcoming 40% price rise, highlighting BlockDAG amidst the uncertain paths of PEPE and Solana.

PEPE’s Price Turmoil Amid Pepe Unchained’s Launch

PEPE’s price has recently been highly volatile, echoing the wider market forces impacting meme coins. This past week, PEPE’s price took a steep dive, reflecting a pervasive bearish mood across the crypto sector. Despite this, PEPE continues to capture traders’ attention due to its significant trading volume and community engagement. 

During these challenging times for PEPE, Pepe Unchained debuts with high aspirations, leveraging PEPE’s established brand enthusiasm. As PEPE wades through market instability, the launch of Pepe Unchained signifies a key moment, demonstrating ongoing investor interest in innovative meme coin projects.

Solana’s Resilient Surge Amid Market Instability

In recent times, Solana has contended with market instability, mirroring larger downturns such as Bitcoin’s retraction and broader market corrections. Despite a 10.48% fall over the week and an 18.90% reduction over the month, Solana’s pricing has resiliently clung to crucial support levels.

Faced with substantial resistance, Solana is primed for a possible bullish reversal if it stays above these support levels. Market indicators such as the MACD show mixed sentiments, with the 200-day EMA providing essential support. As market observers look for stabilization signs, Solana’s potential for a bullish upturn remains a focal point amidst ongoing price shifts.

BlockDAG’s Exciting Countdown: Team Reveal, AMA, and Documentary

BlockDAG is gearing up to captivate the crypto world with three pivotal events set to bolster its status as the premier bullish cryptocurrency. The excitement starts on July 29 with the eagerly awaited reveal of the CEO and team, marking a monumental day for the BlockDAG community eager to meet the masterminds behind the efficient transaction processes.

This unveiling aims to educate and boost enthusiasm about BlockDAG’s novel approach to improving transaction speeds and efficiency. The excitement continues with an AMA featuring BlockDAG’s CEO on July 30, addressing the community’s pressing inquiries and enhancing investor confidence. The momentum carries on into August, with the release of a documentary on August 22 that delves into BlockDAG’s journey and its innovative Directed Acyclic Graph (DAG) architecture.

Amid a successful presale that amassed $57.1 million from the sale of over 12 billion coins, BlockDAG, currently priced at $0.014, anticipates a 40% increase in value due to these upcoming events.

With a capability of 10,000-15,000 transactions per second and low fees, BlockDAG offers scalability and prioritizes efficient peer-to-peer transactions, distinguishing itself as a leader in the bullish cryptocurrency market. The BlockDAG community is profoundly impressed by the brilliant minds at the helm, promising swift and secure transactions and heralding a new era in the bullish crypto landscape.

Concluding Observations

As PEPE grapples with instability and Solana hints at possible gains, BlockDAG stands out as the preferable investment option. With the upcoming team reveal and documentary, BlockDAG is set to affirm its position as the leading bullish cryptocurrency. These initiatives highlight its commitment to transparency and innovation, likely triggering a 40% price increase. Offering high transaction throughput and minimal fees, BlockDAG presents itself as an optimal choice amidst the volatility affecting PEPE and Solana.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post BlockDAG Set for CEO Reveal on July 29th! Investors Anticipate a 40% Price Rise in BDAG; PEPE Suffers, Solana Aims for Rally appeared first on Crypto News Land.

Daddy Tate token gained traction after the community takeover and Andrew Tate’s active involvement, despite a recent price drop.

Travala partnership boosts Daddy Tate’s profile, enabling bookings for over 2.2 million hotels with the meme coin.

Andrew Tate’s newfound freedom and $500,000 investment in Daddy Tate signal potential for future value increase.

Daddy Tate, the meme coin inspired by internet personality Andrew Tate, is making waves in cryptocurrency. Launched on the Solana blockchain 29 days ago, it quickly gained attention. The token’s community took over on June 13 after the developer abandoned the project. Andrew Tate has been vocal about the token, purchasing large amounts since June 11.

To prepare for the $Daddy world tour you can now purchase car rentals, flights and hotels directly in $Daddy coin on https://t.co/XhAhusarNy. We’ve only just begun. https://t.co/xyXU7QGA7h pic.twitter.com/NIooAgyaV9

— Andrew Tate (@Cobratate) July 9, 2024

Travala Partnership and Market Movements

Travala, a booking site, has added Daddy Tate to its list of accepted cryptocurrencies. Travala was built on Binance BNB Smart Chain; over 2.2 million hotels can be booked globally, with a means of payment being cryptocurrencies such as Bitcoin and Ethereum.

Despite Tate’s confirmation of the collaboration with Travala, CoinGecko statistics indicate that the announcement resulted in an 8% decline in the token’s value to $0.1453. Daddy Tate’s market capitalization fell to $91.9 million, a more than 48% decrease, from its top of $0.2849 on June 28.

However, Tate’s involvement signifies a new trend: celebrities actively backing their tokens. In addition to Andrew Tate, other celebrities, such as Nigerian musician Davido and media personality Caitlyn Jenner, have launched their meme coins on Solana.

Legal Victory and Increased Visibility

In a turn of events, Andrew and Tristan Tate won their appeal, allowing them to leave Romania and travel across Europe. This newfound freedom enables Tate to participate in more public engagements, potentially boosting the visibility of the Daddy Tate project. According to Whale Insider, the Daddy Tate meme coin has surpassed 44,000 token holders, marking a significant milestone for the community.

Additionally, Andrew Tate recently loaded his public wallet with $500,000 (about 3,600 SOL), sparking speculation about a possible market buy and burn. Such a move would reduce the token supply and increase demand, potentially driving up its value.

In a video announcement, Tate expressed excitement about marketing his token and himself. He hinted at massive plans for Daddy Tate, including a European tour for DADDY stakes, a potential Netflix appearance, and the release of a book. Tate’s newfound freedom and active promotion could significantly impact the token’s future.

Moreover, Tate’s plans for Daddy Tate could lead to increased interest and investment in the token. The Daddy Tate project exemplifies the growing trend of celebrity-backed cryptocurrencies in the meme coin sub-culture.

Read also:

Andrew Tate’s DADDY Token Hits $300M Cap Amid Controversy

Andrew Tate’s Bitcoin Bust: 21 BTC ($565K) Seized Amid Legal Controversy

Andrew Tate Announces New Cryptocurrency with $100M Backing

Iggy Azalea Vs. Andrew Tate: Solana (SOL) Meme Coins DADDY And MOTHER Go Head To Head

Crypto Detective Clears Andrew Tate of Memecoin Pump Allegations

The post Andrew Tate’s Daddy Tate Meme Coin Gains Momentum Despite Challenges appeared first on Crypto News Land.

Ethereum’s exchange supply is at its lowest in eight years, with only 10% available, signaling a potential price increase.

Institutional interest grows as companies like Fidelity and BlackRock file for Ethereum ETFs, possibly launching on July 15.

Ethereum’s price sees volatility, with recent Supreme Court ruling prompting a V-shaped recovery and continued upward trend.

A supply shock for Ethereum is anticipated, with potential implications for its price trajectory. The current Ethereum supply on centralized exchanges (CEXs) is at its lowest in eight years, comprising only 10% of the circulating supply. This scarcity could drive substantial price increases for Ethereum (ETH).

A massive Ethereum supply shock is brewing.And it's going to make the price of $ETH skyrocket.Here's why:…

— Lark Davis (@TheCryptoLark) July 10, 2024

Declining Supply on Exchanges

The limited availability of Ethereum on exchanges sets the stage for a price surge. Unlike Bitcoin, Ethereum does not experience constant sell pressure from miners, contributing to a more stable supply environment. This reduction in exchange supply suggests increased holding by investors, potentially leading to heightened demand and price appreciation.

Institutional Interest and ETF Filings

Recent filings for Ethereum exchange-traded funds (ETFs) by prominent companies including Fidelity, VanEck, Franklin Templeton, 21Shares, Grayscale, and BlackRock are poised to further impact the market. 

These ETFs, which are speculated to launch on July 15th, indicate growing institutional interest in Ethereum. Once these ETFs begin trading, Ethereum could become more attractive to both institutional and retail investors, potentially outperforming Bitcoin during altcoin seasons.

Price Movement and Market Trends

At press time, Ethereum was trading at $3,137.65, experiencing a 1.84% increase in the past 24 hours. The price of Ethereum has shown considerable volatility, fluctuating between approximately $3,025 and $3,150. 

Ethereum’s price recovered rapidly from a low of around $3,025, forming a V-shaped recovery and continuing on an upward trajectory.

Source: CoinMarketCap

Implications of Reduced Sell Pressure

The lack of constant sell pressure from miners, combined with the reduced supply on exchanges, positions Ethereum for a potential price surge. As institutional and retail investors increasingly view Ethereum as a viable investment, the influx of capital could further drive its price upward.

Ethereum is poised for a potential price surge driven by supply shock, growing institutional interest, and favorable market conditions. With the impending launch of Ethereum ETFs and reduced supply on exchanges, the market may witness increased demand and substantial price appreciation for $ETH.

Read also

Ethereum Supply on Exchanges Hits Lowest Level Since 2016 Amid Spot ETF Anticipation

Ethereum on Exchanges Reaches 5-Year Low as Supply Declines

Shiba Inu Surge: Whales Drive Price, Supply Shrinks

Shiba Inu’s Drastic Supply Cut Sparks Hope for Surge to $0.01

Bitcoin Exchange Reserves Plunge to Lowest Level in Three Years

The post Ethereum Supply Hits 8-Year Low, Price Surge Expected with Institutional Interest appeared first on Crypto News Land.

Charles Hoskinson’s RFLXT launches Chronoshot on Epic Games, featuring Digital Doubles and special NFTs for early access players.

Chronoshot offers Time Attack and Survival modes with leaderboards, launching in early access to boost player engagement and feedback.

RFLXT aims for crossplay with dynamic NFTs, expanding Chronoshot’s features and introducing multiplayer modes post-launch.

Cardano founder Charles Hoskinson announced a significant achievement for his gaming company, RFLXT. Hoskinson revealed that RFLXT’s latest game, Chronoshot, is now available for wishlisting on Epic Games. This marks an essential step in bringing Cardano-based games to mainstream platforms. 

Hoskinson expressed excitement about the launch and emphasized the game’s potential impact.

Cardano Games on Epic makes me happy https://t.co/RuaLXOyHJj

— Charles Hoskinson (@IOHK_Charles) July 9, 2024

Chronoshot is RFLXT’s first title to utilize the RFLXT platform, featuring innovative elements like Digital Doubles. This game joins other notable titles, such as Chains of War and Fluxpoint Studio, on Epic Games. Chronoshot offers diverse stages, special abilities, weapons, and characters, expanding RFLXT’s gaming portfolio. 

The game is launching in early access to maximize player engagement, with two single-player modes: Time Attack and Survival. These modes will feature leaderboards and limited character availability to attract a wide range of players.

RFLXT’s decision to launch Chronoshot directly in early access instead of a closed beta aligns with its public development approach. Players participating in early access will receive special NFTs as tokens of appreciation. The interoperability design allows players to create RFLXT accounts on Epic, enabling crossplay and access to RFLXT features. 

Concurrently, RFLXT accounts will support dynamic NFTs, enhancing characters in Chronoshot without providing competitive advantages. RFLXT also plans to introduce multiplayer modes soon after the early access launch, further expanding the game’s capabilities.

Despite Cardano’s primary focus on blockchain, RFLXT targets multiple chains and platforms, aiming for broad accessibility. Hoskinson’s gaming ventures continue with RFLXT’s earlier release, Voyager: Ascension, on Gala Games. 

Earlier on in May, Hoskinson announced plans to bring the classic game Doom to Cardano’s layer-2 solution, Hydra. This move showcases his dedication to merging blockchain technology with gaming and highlights his innovative approach.

Read Also:

“Epic” Satoshi After Bitcoin Halving Successfully Sold $2.13 Million

Gala’s Web3 Game GRIT Now Easily Accessible to Epic Games Store’s 194M+ Players

Dogecoin Rockets in Epic Rebound: What’s Behind the Surge?

SEXN Platform: OnlyFans V2.0 or Rug Pull Soon?

Current Bear Market Most Brutal So Far, Epic Breakthrough Ahead?

The post Cardano Founder Celebrates RFLXT’s Chronoshot Launch on Epic Games appeared first on Crypto News Land.

As the crypto market dips, stalwarts like Chainlink and Fantom confront bearish trends, impacting LINK and FTM prices negatively. In contrast, BlockDAG’s groundbreaking layer-1 project with a notable presale has captivated investor interest, amassing over $57.1 million. This surge in investment is propelled by BlockDAG’s sophisticated Low Code No Code ecosystem, which offers traders the possibility of achieving returns exceeding 30,000x, positioning it as a favored investment destination.

Impact of Chainlink’s Recent Token Unlock

Chainlink recently made headlines by releasing 21 million LINK tokens, worth approximately $295 million, from its reserves. This move resulted in 18.25 million LINK tokens being transferred to the trading platform Binance, sparking concerns over potential price drops. Presently, LINK is priced at $13.64, hovering close to a critical support level at $13.5. A break below this point could see prices falling to as low as $10.

This latest unlock has expanded Chainlink’s circulating supply to over 600 million LINK. Although previous unlocks have not destabilized prices significantly, the current market’s bearish sentiment might trigger a different outcome, with a further 391.5 million LINK slated for future release, keeping the market watchful.

Fantom’s Current Price Struggles and Market Dynamics

Fantom, too, has seen its share of volatility. After peaking near $1.20 in March, FTM’s price encountered resistance and subsequent sell-offs, now stabilizing around $0.500. Currently, Fantom trades at $0.559, with a market cap of $1.67 billion and a trading volume of $257.56 million over the past 24 hours.

To boost engagement, the Fantom Foundation has initiated a quarterly reward scheme, distributing over 55,000 FTM to the leading 12 dApps on its network. While indicators such as RSI and MACD hint at a potential rebound if FTM climbs above $0.600, lingering below the 200-day EMA could perpetuate the current bearish trend.

BlockDAG’s Revolutionary Platform and Remarkable Presale

BlockDAG leverages cutting-edge low-code/no-code technology that simplifies the creation of utility tokens, meme tokens, and NFTs, allowing even novices to launch blockchain projects easily. The platform’s user-friendly interface and customizable templates drastically reduced development time, democratizing access to blockchain technology.

This innovative approach has significantly drawn crypto traders, propelling the presale to new heights. BlockDAG has raised over $57.1 million, with the price in its latest batch soaring 1300% from an initial $0.001 to $0.014. This stellar growth reflects strong market trust and positions BlockDAG as a powerhouse in the crypto presale space.

BlockDAG facilitates token and NFT creation and supports the expansion of decentralized applications, providing a robust infrastructure that nurtures a diverse range of projects. This comprehensive ecosystem enhancement cements BlockDAG’s role as a major player in the evolving blockchain landscape.

Concluding Insights

While Chainlink and Fantom navigate market uncertainties due to recent token unlocks and fluctuating resistance levels, BlockDAG stands out with its innovative technology and exceptional presale success. Amassing substantial funds and achieving significant price growth, BlockDAG’s low-code/no-code ecosystem presents a promising investment opportunity, promising up to 30,000x ROI for early adopters. BlockDAG offers a compelling alternative for investors seeking lucrative returns in the current volatile market environment.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s 30,000x ROI Potential Gains Attention of Crypto Traders; Chainlink Tokens & Fantom Bearish In Q3 appeared first on Crypto News Land.

Santa Monica’s new Bitcoin office will enhance education and job opportunities in the cryptocurrency sector.

Inspired by El Salvador, Santa Monica aims to boost tourism and investment with its Bitcoin initiative.

Vice Mayor Lana Negrete leads Santa Monica’s Bitcoin office, promoting sustainable mining and community education.

The City of Santa Monica is now home to the first government Bitcoin office. Its purpose is to increase monetization and knowledge about digital currency amongst its population. 

This measure, adopted by the city council, will create preconditions for the acceptance of digital currency as the city’s economy tool and for including cryptocurrency into the context of recognized education.

JUST IN: City of Santa Monica opens #Bitcoin Office to explore BTC education for its residentsIt's happening in the USA pic.twitter.com/NP3DXFGqDC

— Bitcoin Magazine (@BitcoinMagazine) July 10, 2024

Objectives and Goals

The Santa Monica Bitcoin Office has founded with four main goals in mind. Its goal is to educate locals about Bitcoin and assist them in comprehending the principles and possible advantages of cryptocurrencies. 

The other objective of the office plans to facilitate partnerships and conferences that could boost tourism in the city. Additionally, it aims to put locals in touch with employment prospects in the expanding Bitcoin industry. Finally, the office wants to encourage Bitcoin mining that is powered by green energy sources in the city.

Community and Leadership Support

Vice Mayor Lana Negrete has been a driving force behind this initiative. She believes that Bitcoin can be a valuable resource for everyone in the community. Negrete has emphasized that the city’s goal is to become a hub of Bitcoin information and education, accessible to all residents.

Santa Monica’s Bitcoin office draws inspiration from El Salvador, the first country to adopt Bitcoin as legal tender in 2021. El Salvador’s Bitcoin office has successfully attracted significant investment and tourism, and Santa Monica aims to replicate this success. City leaders have even visited El Salvador to observe the country’s Bitcoin adoption first-hand.

Source: The City of Santa Monica

Economic Impact

Santa Monica has substantial economic potential, with an annual budget of $700 million and 4.5 million visitors who spent around $1 billion in 2023. By drawing in investments and increasing tourism, the new Bitcoin office is anticipated to bolster the city’s economy. The adoption of self-custody of Bitcoin by Santa Monica firefighters is one recent event that suggests the community’s rising interest in the cryptocurrency.

To celebrate this new initiative, Dom Bei, Founder of Proof of Workforce, announced plans to display a special Bitcoin visual on the Santa Monica Pier. This visual aims to raise awareness about the city’s new Bitcoin office and its objectives.

The opening of a specialized Bitcoin office in Santa Monica is an example of a progressive community’s embrace of cryptocurrencies. The city wants to be a hub for Bitcoin innovation and information by emphasizing employment, education, and sustainable mining. The project is expected to assist Santa Monicans in both the economic and educational domains.

Read also

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Ripple’s Strategic Moves Discussed by President Monica Long at the Europe 2024 Event

Ripple President Monica Long Discusses Business Expansion and Regulatory Clarity, XRP Rising 

Ripple President Monica Long Addresses Newcomer Banking Summit

Bitcoin Adoption Is Fueling El Salvador’s Economy: President Bukele

The post Santa Monica Launches Bitcoin Office to Promote Cryptocurrency Education appeared first on Crypto News Land.

The world of play-to-earn gaming has exploded, with projects like Axie Infinity (AXS) capturing the imagination of users and investors alike. Axie Infinity’s success has paved the way for new entrants like Rollblock to become the next dominant force in the gaming sector. Rollblock has attracted thousands of new investors in the last few weeks, and experts tip that Rollblock (RBLK) has the potential to surpass even The Sandbox (SAND) in the upcoming crypto cycle after raising $1million in record time. With a fully licensed and regulated iGaming platform Rollblock is changing the typical crypto narrative by employing transparency from day one!

Axie Infinity (AXS) Struggles to Rebound Following Investors’ Criticisms 

Axie Infinity (AXS) has had a turbulent year, recording a yearly high of $12.67, nearly 90% lower than the all-time high of $151.89. Axie Infinity (AXS) is now trading at approximately $5.22, a 9.38% decrease over this past year. Axie Infinity’s price saw a few peaks throughout Q1, but the token never fully rebounded. 

Axie Infinity (AXS) gained fame through its play-to-earn (P2E) model centered around breeding and battling creatures, and the game is still played widely in various parts of the world. However, Axie Infinity’s tokenomics are criticized for being too reliant on player adoption. Analysts monitoring AXS’s price indicators predict that if Axie Infinity remains bearish, it will struggle to return to its all-time high.

The Sandbox (SAND) Declines Further by 28% in the Past Month Due to Regulatory Changes

The Sandbox (SAND) exhibited a bearish pattern after the SEC’s recent investigations on altcoins. As a result, The Sandbox’s (SAND) trading volume has declined by nearly 30% in the last month. The Sandbox’s price also experienced a further decline from $0.48 to $0.29 and investors fear it could drop further. 

That said, The Sandbox still has great potential. Given the project remains a leading Metaverse world, The Sandbox is in a strong position to rally should the DeFi gaming market regain traction. That said, given The Sandbox’s recent performance, many experts are labeling the project a risky investment. 

Rollblock (RBLK) Holds Innovative Advantage That Could Dominate The iGaming Sector 

Rollblock (RBLK) is changing the iGaming industry by seamlessly integrating both centralized and decentralized gaming environments. As the first Casino-backed play-to-earn token, Rollblock offers users access to over 150 classic casino games, including popular choices such as roulette, slots, and poker.

Built on the Ethereum blockchain, Rollblock uses blockchain technology to address the critical issues of transparency and trust in the online gambling industry. This technology ensures that all players’ bets are immutable and verifiable, providing a secure environment that attracts new users. Unlike conventional online gaming platforms, Rollblock also eliminates the Know Your Customer (KYC) verification process during user registration. Users can start playing by simply registering with their email or connecting their crypto wallet.

Inside the Rollblock ecosystem, players earn the native $RBLK tokens as rewards for their activities. Additionally, $RBLK token holders benefit from the platform’s token burn feature and profit-sharing model. Rollblock commits up to 30% of the casino’s daily profits to repurchase $RBLK tokens from the open market and burn them to enhance the token’s value. The remaining tokens are distributed among investors as rewards, creating a lucrative incentive for token holders.

Currently, Rollblock is in the third stage of its presale, selling over 100 million $RBLK tokens within a month. Rollblock’s unique proposition has drawn thousands of investors keen to capitalize on an innovative approach to merging gambling and cryptocurrency. With a capped supply of 1 billion $RBLK tokens and 60% allocated for the presale, this is a prime opportunity for investors to acquire $RBLK. Now trading at $0.0154, Rollblock’s value is expected to rise significantly in the coming weeks. Analysts forecast $RBLK could see an impressive 800% increase before the end of the presale, positioning it as a prime investment in the crypto space.

Rollblock stands out in the online gaming market by offering unparalleled benefits. Its play-to-earn features, transparent and secure transactions, and revenue-sharing model position it to dominate the $450 billion global gambling industry. Experts believe that Rollblock is poised to deliver substantial returns, potentially reaching up to 100x gains upon full launch. Investors looking for an innovative token that can thrive in bear markets and offer potential for significant returns could benefit by partaking in Rollblock’s ongoing presale.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: https://presale.Rollblock.io/ Socials: https://linktr.ee/Rollblockcasino

The post This 1000x Gaming Token Has The Potential To Be The Axie Infinity (AXS) Of This Cycle, Even Surpassing Sandbox (SAND) appeared first on Crypto News Land.

The latest cryptocurrency market cycle has reshuffled the hierarchy of altcoins. With changing investment trends, leading tokens and memecoins share the spotlight with new promising altcoins. 

PawFury (PAW) has emerged as a strong altcoin contender, outshining other trending tokens like Fanton (FTM) and Slothana (SLOTH). Market data indicates that PAW has captured the attention of the crypto community, with investors and analysts closely following their price action. 

Under Slothana’s (SLOTH) Meme Hype

Despite debuting less than two months ago, Slothana managed to gain considerable traction among crypto circles online. It’s humorous origins and unique sloth-themed branding initially helped catch the attention of the crypto market. However, under the meme worthy sloth cover lies a project plagued with several concerns that question its long-term viability. 

Among the top concerns are Slothana’s lack of utility real-world use cases. The meme coin primarily gets its value from the speculations and the trends on the internet, thus, denying long-term investors to invest in it. As of the time of writing this, SLOTH was trading at $0.0077 with a market capital that stands at more than $13 million.

Why Has Fantom (FTM) Losing Traction Lately?

As for the Fantom (FTM), this is a rather young project that debuted in the DeFi market late 2018. It is a layer 1 blockchain but Fantom has been able to gain recognition due to the efficiency in transaction speed and the scalability factor. However, crypto pundits believe that Fantom lags behind promising projects like PawFury due to several concerns.

These include centralization concerns stemming from its unique consensus mechanism called Lachesis, which requires strict validator rules. Some say that the Fantom ecosystem is yet to mature, and has several security concerns yet to address. As of now, FTM is trading at $0.5, with a market capitalization of over $1.4 billion. 

PawFury (PAW) Takes Center Stage Amid Successful Presale

The shortcomings of altcoins like Fantom and Slothana have paved the way for PawFury to showcase its potential and lead the pack ahead of the next bull run. Brought to you by an impressive dev team, PawFury is leveraging blockchain technology by bridging gaming to real-world issues. This innovative play-to-earn platform offers high-speed transactions without compromising on security.

Apart from lucrative referral programs and significant in-game rewards, upcoming partnerships with industry leaders have pushed investors and traders to participate in PAW token’s ongoing presale. The presale, which is currently in its fourth stage, has already raised $4 million, with analysts projecting much more in the coming weeks. The massive participation seen in PAW’s presale has made it one of the hottest presales of the year. Additional features like staking services have further enhanced PawFury’s growth prospects in 2024. 

For additional information about Pawfury, refer to the following links:

Website: https://www.pawfury.com/

Whitepaper: https://www.pawfury.com/static/en/whitepaper.pdf

Twitter: https://x.com/Paw_Fury

The post Best Crypto Presale in July 2024: PawFury (PAW) Leads the Pack as Slothana and Fantom Lag Behind appeared first on Crypto News Land.

Solana emerges as top-performing altcoin in 2024.

Despite initial skepticism, Solana leads mainstream adoption of blockchain technology.

Solana’s stability, reduced outages, and increased decentralization make it a resilient network

Solana has shown remarkable resilience, and it’s easy to see why analysts are predicting a significant price increase. Virtual Bacon recently took to social media to highlight several compelling reasons why Solana is set for a surge. 

Solana's Explosive Year! From hitting new all-time highs to potential ETF news, $SOL is gearing up for a big run-up.I'll break down the latest updates, my technical analysis, and give my updated Solana Price Prediction.Let’s dive in

— VirtualBacon (@VirtualBacon0x) July 10, 2024

Firstly, Solana has been the top-performing altcoin in 2024, breaking past the $200 mark. This achievement alone has caught the attention of many in the crypto community. The buzz around a Solana ETF has also added fuel to the fire. With meme coins pumping and major network updates on the horizon, $SOL seems primed for a significant boost. 

Many were skeptical at first, but Solana’s explosive user adoption is turning heads. It’s leading the charge in bringing blockchain technology to the mainstream. The upcoming Solana ETF and the Fire Dancer upgrade are key catalysts driving this adoption. 

These developments are poised to attract even more users and investors to the platform. Reliability is another factor playing in Solana’s favor. In 2022, the network experienced four major outages, a worrying sign for any blockchain. However, in 2023, there was only one outage. 

In 2024, the Solana ecosystem had just one outage in February, putting its reliability on par with other major blockchains. This improvement in stability is crucial for gaining and maintaining user trust. 

Another significant point is the departure of FTX and Alameda’s large SOL holdings. This has opened the door for more validators to join the network. Solana now boasts over 1,500 validators globally. 

In practice, Solana is more decentralized due to having fewer large staking pools. This increased decentralization strengthens the network and makes it more resilient. When it comes to speed, Solana stands out. The new ZK Compression upgrade drastically enhances scalability and lowers barriers to entry. 

Currently, the Solana network has over 40 million active addresses monthly, double that of Ethereum. Daily transactions are 15 times higher than Ethereum’s, although the total value locked (TVL) remains lower.

Read Also 

Solana Suffers Another Major Outage

Solana Recovers from Recent Outage, Sees Price Rebound

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Coinbase Experiences System-Wide Outage Again, Should Coinbase Users Jump Ship and Choose Another Crypto Exchange?

Shiba Inu’s Shibarium Recovers After Brief Network Outage

The post Top Analyst Predicts Solana’s Significant Ascent, What ATH Will SOL Set Next? appeared first on Crypto News Land.

Astute investors in the cryptocurrency market are always on the lookout for projects with solid foundations and promising growth potential. BlockDAG stands out with its advanced technology and ambitious expansion plans. While Uniswap grapples with fluctuations and Kaspa showcases its resilience against Bitcoin, BlockDAG distinguishes itself with its innovative DAG structure and rapid progression towards its mainnet debut. Bolstered by a $2 million community giveaway and a presale that garnered $57.1 million, BlockDAG is poised to reshape the cryptocurrency landscape.

Kaspa Shows Resilience in Turbulent Markets

Kaspa has displayed remarkable resilience and standout performance against Bitcoin, reaching new all-time highs. Crypto analyst LongTerm praised the KAS/BTC chart as a “vision of strength,” signaling Kaspa’s robust recovery and market trend reversal. Despite recent market dips, technical analysis indicates that Kaspa has successfully breached significant resistance levels and is currently retesting its RSI-based moving average. Analysts, including Bitcoin Ape, note that despite recent minor setbacks linked to Bitcoin’s price actions, Kaspa is positioned for another upward movement and likely breakout.

Uniswap Endures Volatile Market Conditions

Currently, Uniswap is navigating through a particularly volatile period, struggling to overcome the $11.640 resistance. Recently, UNI has declined by 2.73% and witnessed a 1% drop over the week. However, it has managed a 32.34% increase over the past month, providing a 30.34% return this year. 

With a current price of $9.652 and a market cap of $5.63 billion, Uniswap’s future depends on maintaining levels above $9.90 to potentially ascend further or it risks descending to support levels at $8.40 or $6.920. Investors are keeping a close eye on UNI for its potential to rebound strongly based on its historical performance.

BlockDAG’s $2M Giveaway & Swift Mainnet Launch

The BlockDAG Network is causing a stir with its $2 million giveaway, aiming to reward 50 lucky community members from an impressive pool of over 84,630 participants. By participating in social media activities, entering wallet addresses, completing various quests, and inviting friends, entrants can increase their chances of winning. Winners will be randomly selected and announced on BlockDAG’s platforms, fostering wide engagement and excitement.

In a significant update, BlockDAG plans to launch its mainnet in just four months, sooner than the initially planned six months. This accelerated plan aims for a $600 million valuation by 2024, setting clear benchmarks that enhance investor trust in the project’s timely and effective execution. This expedited timeline and aggressive financial targets demonstrate the team’s confidence in BlockDAG’s pioneering market position.

Furthermore, the strategy of a rapid launch and bold financial objectives show BlockDAG’s ambition to dominate the crypto market. This clear and open roadmap offers investors a transparent view of the project’s direction, enhancing credibility and trust in an often unpredictable crypto environment. Currently available at $0.014 in its 19th batch, BlockDAG has seen a remarkable 1300% rise from its initial price of $0.001, drawing keen investor interest and underscoring its potential for significant returns.

Emerging Trends: BlockDAG’s Strategic Edge

In a sector rife with speculation and instability, BlockDAG emerges as a beacon of innovation and substantial growth. While Uniswap prepares for a potential recovery and Kaspa builds on its momentum, BlockDAG’s forward-looking strategies and community-driven initiatives mark it as a prime candidate for considerable investment returns. Its proactive approach to the mainnet launch and successful presale reflect BlockDAG’s commitment to delivering real value to its investors.

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

The post Top Crypto Pros Foresee BlockDAG’s Explosion in 2024! Amid Kaspa’s Rise & Uniswap’s Fluctuations  appeared first on Crypto News Land.

XRP shows similarities to its 2017 rally, with potential for substantial gains.

Analyst Armando Pantoja expects XRP to reach $25 by 2025.

Broader crypto ETF acceptance, Ripple’s stablecoin, and utility expansion contribute to XRP’s prospects.

XRP is showing signs of repeating its 2017 price movement. According to Armando Pantoja, the price will likely reach $25 by 2025. Pantoja suggests that the strong support, oversold RSI, and rising volume position XRP to rally to $20 by 2025.

$XRP is mirroring its 2017 consolidation and breakout pattern. With strong support, rising volume, and oversold RSI, a $20 target by 2025 is all but certain. History will repeat! #XRP #Ripple pic.twitter.com/J1L3iqSqak

— Armando Pantoja (@_TallGuyTycoon) July 9, 2024

Back in 2017, XRP experienced a phenomenal surge, rising by an astonishing 63,000%. Meanwhile, XRP has been struggling to rally above $0.50. Many analysts suggest that XRP is in the accumulation phase preparing for a meteoric ascent. 

On the other hand, some analysts suggest that the catalyst for a price surge will be found when the SEC’s lawsuit against Ripple is resolved. The broader acceptance of crypto ETFs and the introduction of Ripple’s stablecoin could also be potential growth drivers. Additionally, Ripple has been making significant strides in expanding its utility and partnerships. 

The company’s efforts to enhance cross-border payment solutions and its collaborations with major financial institutions are creating a solid foundation for XRP’s prospects. These factors combined with the overall bullish sentiment in the cryptocurrency market adds to the speculation that XRP might be gearing up for a substantial rally.

Historically, the trajectory of the general cryptocurrency market is typically determined by the price movement of Bitcoin. Analysts anticipate the price of BTC to soar soon and pave the way for altcoins to follow suit.

Moreover, the technological advancements and regulatory clarity that have developed since 2017 provide a more robust framework for cryptocurrencies like XRP to thrive. The stage could be set for XRP to reach new heights if these conditions persist and if Ripple successfully navigates the current legal hurdles.

Read Also 

Ripple’s XRP Mirrors 2017 ATH Pattern, Is the New ATH Almost Here?

XRP Approaches Potential Breakout After Prolonged Consolidation

Binance Launches ‘Binance Mirror’ Off-Exchange Settlement Solution

Cardano Shows Parallels to Past Bull Runs, Hinting Potential Surge

How Shiba Inu (SHIB) Is Mirroring Its Astonishing 2021 ATH Surge

The post XRP Mirrors its 2017 Consolidation and Breakout Pattern, New ATH Soon? appeared first on Crypto News Land.

The crypto market is experiencing a calm phase, standing on the brink of what analysts predict could be a powerful bull run. Altcoins remain at low levels, suggesting significant potential for rapid growth. This period of calm comes just before the anticipated payouts from the Mt.Gox settlement, which could inject fresh momentum into the market. In this article, the focus will be on identifying must-buy cryptos that are likely to benefit immensely from the upcoming market recovery.

BlastUP Unveils Blastbox V2: A Goldmine of Benefits for Early Investors

BlastUP, the premier launchpad on the Blast blockchain, has unveiled Blastbox V2, fresh on the heels of an $8 million presale success. This launch offers investors another chance to get $BLASTUP tokens at presale prices, loaded with a host of perks including $BLASTUP tokens and Booster Points. As experts forecast potential returns of up to 1000%, early acquisition of BLASTUP tokens could prove to be a savvy investment.

Blastbox V2 is a gateway to exclusive privileges within the BlastUP ecosystem. Owners are set to enjoy benefits like NFT and token airdrops, membership in the exclusive BlastUP Club, and priority access to Initial DEX Offerings (IDOs).

Unlock the Full Potential of Blastbox V2

Securing a Blastbox V2 is the final opportunity to access BlastUP at the most advantageous price. The platform has already made a significant impact within the Blast blockchain, achieving 4 successful IDOs. 

For those on the hunt for the next big crypto opportunity, Blastbox V2 is the answer. With only 9999 units available at launch and packed with unparalleled utility, these limited-edition loot boxes are set to sell out swiftly.

Act Now: Secure Your Blastbox V2 Before They’re Sold Out!

Arbitrum (ARB) Shows Promise for Growth Despite Recent Dips

Arbitrum (ARB) is currently priced between $0.54 to $0.79, exhibiting some volatility. The coin’s recent price drops haven’t shaken bullish believers. With the nearest resistance level at $0.93, a breakout could drive ARB up to $1.18, marking a significant gain. Despite a recent dip of 9.35% in the past week and 27.57% over the month, ARB is showing resilience. Its relative strength index (RSI) is around 60.82, indicating it isn’t oversold. Technical indicators like the 10-day and 100-day Simple Moving Averages (SMA) suggest stabilization around $0.71 and $0.67, respectively. Bulls are gearing up, and a 20% to 50% increase is within reach if ARB overcomes key resistance levels.

Cardano (ADA) Shows Strong Bounce Potential Amid Current Price Pressure

Cardano (ADA) is currently trading between $0.30 and $0.41, showing signs of resilience. Despite a recent price dip, ADA is poised for a potential comeback. The nearest resistance level is $0.47, and it has solid support at $0.26. The Relative Strength Index (RSI) at 60.27 indicates a balanced momentum, with bulls ready to challenge bears. If ADA breaks through the $0.47 resistance, it could climb towards $0.57, representing over a 30% increase from the current high end. The coin’s 10- and 100-day moving averages are also aligned, suggesting a promising trend reversal. With the crypto market showing 2021-like patterns, Cardano might soon see significant growth.

XRP Poised for Growth Despite Recent Dips

XRP has seen a dip recently, sitting in the $0.3711 to $0.4785 range. Its current price movement suggests potential for a strong rebound. The token is flirting with the nearest resistance at $0.5372, but if it breaks through, it could target the next level at $0.6445, implying a possible increase of nearly 60%. The support at $0.3226 seems sturdy, giving bulls a fighting chance. Indicators like the RSI at 58 and a Stochastic of 77 reveal a positive sentiment and momentum, hinting that bulls might soon take the reins. With patterns resembling the 2021 uptrend, XRP could surprise us all.

Starknet’s Price Shows Bearish Short-Term Signs but Bullish Long-Term Potential

Starknet (STRK) has been on a wild ride recently. Priced between $0.43 and $0.68, it faces resistance at $0.82 and support at $0.32. Despite a bumpy short-term decline of nearly 50% this month and a week-to-week fall of about 7.5%, Starknet has soared over 190% in the past six months. Currently flirting with its 100-day moving average of $0.57, the coin shows potential for a climb. If it can break past resistance at $0.82, it could aim for the $1.06 mark—a hefty increase of over 55%. Bulls may feel weak now, but long-term signals suggest a bright future.

Conclusion

In the current market conditions, ARB, ADA, XRP, and STRK show less potential for short-term gains. However, BLASTUP stands out with the highest potential for growth. The innovative concept and its integration into the Blast ecosystem make BLASTUP a strong contender.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

Discord: https://discord.gg/5Kc3nDhqVW

Telegram: https://t.me/blastup_io

The post Must-Buy Cryptos Before the Market Recovers Post-Mt.Gox Payout appeared first on Crypto News Land.

9 trillion PEPE tokens moved to Bybit, signaling major market activity.

Large PEPE transfer aligns with a 9.7% price increase over the past week.

Whale transactions linked to significant price fluctuations in the PEPE market.

In a significant market move, Whale Alert reported that 9 trillion PEPE tokens were transferred from an unknown wallet to the cryptocurrency exchange Bybit. This transaction, valued at approximately $82 million, coincided with a notable 9.7% rise in PEPE’s market price over the past week.

9,000,000,000,000 #PEPE (82,170,000 USD) transferred from unknown wallet to #Bybithttps://t.co/vpbrzjmnX6

— Whale Alert (@whale_alert) July 10, 2024

Details of the Transaction 

The transfer occurred at precisely 04:06:35 UTC on July 10, 2024, involving the meme-themed cryptocurrency Pepe (PEPE). The timing and size of the transaction have prompted both speculation and analysis within the trading community. The sender’s wallet, recognized for its high transaction frequency, showed this move amidst a series of similar large-scale transfers.

The sender’s address, known for diversifying across multiple cryptocurrencies, has been notably active, with recent substantial transfers to Bybit’s hot wallet. These included significant amounts of ETH and various tokens, highlighting a strategy that could be centered around liquidity management or preparing for market movements.

Moreover, the receiving Bybit address holds a significant balance, both in ETH and a variety of other tokens, suggesting it plays a central role in the exchange’s liquidity operations. This activity comes at a time when PEPE’s price appears to be stabilizing, providing a fresh impetus to the market’s dynamics.

Market Trends and Whale Activity

The transaction’s scale and the subsequent price stabilization of PEPE have led to increased scrutiny of whale activities in this segment of the crypto market. Data from IntoTheBlock shows a significant concentration of PEPE tokens among a few large holders, which can lead to considerable price fluctuations based on their actions.

Additionally, historical trends have shown that spikes in transaction volumes, such as this one, are often precursors to price movements, either upward or downward. The ability of large holders to influence market directions significantly is well-documented and remains a point of interest for both investors and analysts.

This recent transaction is a clear indicator of the ongoing influence of major stakeholders in the cryptocurrency markets, especially in the altcoin sector. 

Read Also:

Bybit CEO to Lay Off Up To 30% of Global Headcount

Bybit Moves Up to Second Place in the World for Crypto Exchanges, Passing Coinbase

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Terra LUNA, LUNC Top Weekly-Searched on Bybit

Oracle Red Bull Racing Announces Bybit Partnership

The post Whale Alert: 9 Trillion PEPE Tokens Moved to Bybit Amid Price Surge appeared first on Crypto News Land.

The crypto market eases into a steady recovery zone and altcoins show bullish potential.

Amongst these altcoins are Polkadot (DOT) preparing to make a bullish breakout.

Will DOT blast through this critical retest zone or will it decline again?

The crypto market steadily moves through the recovery phase as Bitcoin (BTC) maintains the above $58,000 price mark. As Bitcoin moves in an upward trajectory, many altcoins are also showing signs of highly bullish uptrends.

Some altcoins have been showing bullish signs for months while others are showing bullish signs due to recent project announcements. These altcoins include Cardano (ADA) JasmyCoin (JASMY) VeChain (VET), WadzPay (WTK), and many more. 

One altcoin that’s buzzing today is Polkadot (DOT). According to TrdingView charts, the price of DOT is turning bullish. In precious bull cycles, DOT has been one of the standout performers, showing remarkable resilience during the recent market correction. 

In the last few weeks, Polkadot (DOT) has been navigating a falling wedge pattern. Presently, DOT/USDT is aiming to retest the upper resistance of the pattern. If it were to break out of this formation, DOT could turn bullish.

In fact, according to some analysts, these are bullish signals indicating that a bullish breakout is quite promising. Furthermore, the analyst adds that a successful retest will reinforce and confirm this breakout for DOT price.

Adding on, the analyst says that if the price falls back into the wedge, then it is likely that Polkadot (DOT) will retest its support at $4.850. This level will be a key indicator of DOT’s strength, and a failure to hold here could signify a potential decline.

Finally, the analyst adds that should the macro market sentiment turn bearish with significant selling pressure, the price might revisit its liquidity-packed area and strong medium-term support between $4.0 and $3.7. More importantly, this zone is critical as it has historically provided substantial support.

Read Also

Chainlink’s Bullish Retest Signals $21 Target Ahead!

VeChain Price Chart Shows Signs for a Bullish Rebound as Support Levels Await a Proper Retest

Polkadot’s 2024 Forecast: DOT Set to Soar Beyond $25

Altcoin Market in Retest Phase: Experts Predict Bullish Outlook Ahead

Polkadot Predictions 2024: When Will Polkadot (DOT) Surge Past $80?

The post Polkadot (DOT) Shows Bullish Signals as the Altcoin Prepares for a Possible Bullish Breakout appeared first on Crypto News Land.

Build on Bitcoin (BOB) secures $1.6M in funding led by Ledger Ventures, focusing on Bitcoin and Ethereum integration.

$1M from the raised funds is allocated to a BOB incubator for Bitcoin infrastructure and dapps.

BOB aims to enhance Bitcoin’s use with Ethereum’s tech, promising greater scalability and dapp access.

Build on Bitcoin (BOB), a hybrid Layer 2 startup that uses Bitcoin and Ethereum, has successfully received $1.6 million in a strategic fundraising round. The financing was headed by Ledger Ventures, with major participation from various angel investors.

BOB raises $1.6M with @Ledger Ventures & top angels, including leaders from @aave, @CurveFinance, and more! Boosting #Bitcoin & #Ethereum innovation. pic.twitter.com/7nsCgKh6vF

— BOB @ EthCC (@build_on_bob) July 9, 2024

Angel investors in this funding round include notable figures from BlackRock, Rarible, Ordinals, Aave, Curve, Threshold, Magic Eden, Mechanism, Injective, Vessel Capital, Babylon, and Centrifuge. The broad spectrum of investors highlights the growing interest and confidence in BOB’s innovative approach.

Out of the total funds raised, $1 million is earmarked for a BOB incubator, supporting new startups focusing on Bitcoin infrastructure and BOB decentralized applications (dapps). 

Marguerite de Tavernost from Ledger Cathay Fund emphasized BOB’s unique position in combining Bitcoin’s strengths with Ethereum’s innovative capabilities. She noted that Bitcoin Layer 2 solutions like BOB significantly enhance Bitcoin’s scalability and execution capabilities, demonstrated by securing large Total Value Locked (TVL) volumes and integrating DeFi applications.

BOB primarily aims to bridge Bitcoin’s potential for mass adoption with the Ethereum Virtual Machine (EVM) capabilities and ecosystem. By implementing a rollup solution, BOB enhances security through Bitcoin while enabling access to dapps, DeFi, and stablecoins.

This integration allows developers to build dapps on Bitcoin’s network, offering users greater access to innovative applications on the Ethereum network without leaving the Bitcoin blockchain.

With $1 million dedicated to fostering new startups, BOB is well-positioned to drive innovation within the Bitcoin and Ethereum ecosystems.

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Polygon Co-Founder Sandeep Nailwal Backs NFTFN, Presale Round 1 Succeeds

Avail Raises $43M, Backed by Peter Thiel’s Founders Fund

The post Build on Bitcoin (BOB) Raises $1.6M in Strategic Funding Round appeared first on Crypto News Land.

Uniswap Labs contests SEC’s ‘crypto exchange’ definition amid Supreme Court legal shift.

Recent ruling rejects Chevron deference, impacting SEC’s regulatory approach.

Legal dispute could set precedents for crypto governance in the US financial system.

Uniswap Labs is currently involved in a legal battle with the US Securities and Exchange Commission (SEC) over proposed changes to the definition of a ‘crypto exchange’. The battle is taking place amid a backdrop of recent federal court rulings that may redefine regulatory dynamics for digital assets.

Uniswap Labs pushes back against the SEC's proposal to regulate DeFi, citing a landmark Supreme Court decision. The crypto battle heats up! https://t.co/stCvodvSHP@Uniswap #SEC #DeFi #Crypto #Bitcoin #Solana #Ethereum #Web3 #Blockchain pic.twitter.com/Ig190Y4pJr

— Ledger Life (@ledgerlifeio) July 10, 2024

Katherine Minarik, chief legal officer of Uniswap, highlighted the significance of the recent US Supreme Court decision that rejected Chevron’s request for deference to federal agency legislation. Chevron deference formerly permitted courts to defer to federal agencies’ interpretations of unclear statutes.

The key argument put up by Uniswap Labs is that there is no statutory foundation for the SEC’s proposed extension of the ‘exchange’ definition under the Securities Exchange Act of 1934. The Act defines an exchange as ‘a marketplace or facilities for bringing together purchasers and sellers of securities,’ which Uniswap argues does not include decentralized protocols.

In its communication to the SEC, Uniswap Labs recognizes recent court rulings such as SEC vs. Binance Holdings and SEC vs. Coinbase, in which courts raised concerns about the SEC’s enforcement-oriented approach to cryptocurrency regulation.

Uniswap Labs has requested the SEC to reconsider its strategy in light of the Supreme Court ruling. Given the new legal situation, they recommend reopening the comment stage so as to receive additional industry feedback. This approach, they suggest, might result in a regulatory framework that balances legal precedents and industrial opinions.

The dispute between Uniswap Labs and the SEC represents an important event in the regulatory history of cryptocurrencies. It highlights the growing engagement between regulatory authorities and the DeFi sector. The crypto industry’s future may be determined by the outcome of the current court battle, which might set precedents for how the US financial system regulates decentralized technologies.

Read Also

Legal Expert Challenges SEC’s Confusing Definition of Crypto Assets

ETH Accused of Being Both a Commodity and Security

Coinbase Claims Victory at Supreme Court, Bolsters Arbitration

Supreme Court Ruling Limits SEC’s Authority on Blockchain Tokens, Major Win for Crypto Adoption

Chainalysis Wins $80 Million Lawsuit as Manhattan Supreme Court Dismisses Claims, Major Win for Crypto 

The post Uniswap Labs Challenges SEC’s Proposed Crypto Exchange Definition Amid Legal Shift appeared first on Crypto News Land.

Recent updates underscore the potential of Pepe coin and its projected major rally, along with the Cosmos blockchain’s solutions for performance and governance hurdles. Amid these developments, BlockDAG (BDAG) shines as the optimal long-term crypto investment.

In its 19th batch, BlockDAG has gathered $57.1M from selling 12 billion coins and 8,700 miners. With various passive earning paths, including the X mining series, coin investment, and a 10% referral bonus, BlockDAG delivers considerable gains. These aspects render it an attractive choice for investors aiming for meaningful passive revenue and strong expansion.

PEPE Coin Prediction: Analyst Expects A Bullish Surge

The well-regarded altcoin analyst, Bluntz, anticipates a notable surge for PEPE. Communicating with his 263,500 followers on X, Bluntz’s Pepe coin prediction envisages a five-stage rally for PEPE according to the Elliott Wave theory.

This theory posits that a bullish asset undergoes a five-wave rally following an ABC correction. Bluntz’s analysis shows PEPE has finished its ABC correction and is on the verge of rising to $0.0000145. Currently, PEPE stands at $0.00001286, distinguishing it as one of the rare altcoins that haven’t reached new lows.

Cosmos Blockchain: Revolutionizing Crypto Interoperability

The Cosmos blockchain, a third-generation crypto, is making waves for addressing blockchain performance and governance challenges. Designed for interoperability among diverse blockchains, Cosmos employs the Inter-Blockchain Communication (IBC) protocol for secure and efficient exchanges.

The Tendermint BFT consensus mechanism boosts scalability and performance, while the Cosmos Hub links various zones, each managing its governance. The native token, ATOM, enables holders to engage in governance, staking, and handling transaction fees. With staking rewards up to 16.14%, Cosmos presents a lucrative crypto investment opportunity.

BlockDAG’s X Series Miners and Referral Initiative

BlockDAG unveils various passive income avenues within its advanced blockchain ecosystem. Beginning with mining, the pioneering X1 mobile mining app turns smartphones into effective mining devices, producing up to 20 BDAG daily. The X mining series also features the X10, X30, and X100 miners.

The X10, offering a 100 MH/s hash rate, suits newcomers, providing up to 200 BDAG daily. The X30, with a 280 GH/s rate, fits seasoned miners, and the X100, with a 2 TH/s rate, caters to extensive operations, generating up to 2000 BDAG daily. These miners enable a scalable passive income source and can be resold post-launch for potential profits.

Furthermore, BlockDAG hosts exclusive presale events like coin investment strategies for early backers to optimize returns. At the heart of BlockDAG’s community engagement strategy is a 10% referral bonus program. This scheme motivates existing users to recruit new investors, cultivating a community feeling and organic expansion. By endorsing community-driven growth, BlockDAG aims to foster a sustainable and dynamic ecosystem where users experience ownership and pride in their contributions.

With its pioneering X Series miners, referral incentives, and varied income avenues, BlockDAG stands as an appealing option for investors desiring significant passive income in the crypto realm.

The Bottom Line

While new insights underscore the potential surge for Pepe coin and the groundbreaking features of the Cosmos blockchain, BlockDAG remains the prime long-term crypto investment. With BlockDAG’s varied passive income options, including the X mining series and a 10% referral bonus, it promises substantial returns.

Despite optimistic PEPE coin predictions, BlockDAG’s comprehensive attributes position it as a superior choice, emphasizing its capacity as a profitable option for investors seeking significant passive income and strong growth.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post Invest and Prosper with BlockDAG: Dominant Long-Term Crypto Gains $57.1M, Plus Key Updates on Cosmos and PEPE Coin appeared first on Crypto News Land.

The German government just moved more of its Bitcoin holdings onto crypto exchanges.

It looks like it is prepared to sell over $342 million worth of Bitcoin (BTC).

Will this sell off cause Bitcoin to dip further than the previous dip and set a new bottom?

The German government is at it once again as it prepares to sell more of its Bitcoin (BTC) holdings. Based on on-chain analytics the German government is preparing to offload an additional $342 million worth of BTC. 

The crypto market experienced a brutal value dip in the previous two weeks due to immediate and simultaneous selling of Bitcoin (BTC). This sell off came from two entities, the German government and Mt. Gox. 

In Mt. Gox’s case, the entity is trying to give back whatever funds it can scrape up to its users who lost their crypto holding when Mt. Gox tanked. Since this return in low BTC funds was a lot less than their original holdings, most users sold BTC as soon as they got the refund back. This contributed heavily to the previous brutal BTC dip.

Meanwhile, the German government was continuously selling its Bitcoin (BTC) for absolutely no particular reason. This led to a major dip in Bitcoin (BTC) price and also pushed market sentiment to fear and sell phases that hadn’t been seen since the FTX collapse. 

As the market continued to dip the price of Bitcoin sank lower and lower taking altcoin prices down with it. In turn FUD began to seep into the market. A ray of hope came through as Founder of TRON Justin Sun stepped forward to propose a deal with the German government. 

Justin Sun offered to buy all of Germany’s remaining Bitcoin funds directly to keep the crypto market from seeing more blood. Soon after, a representative of Germany came forth to implore the government to stop selling its Bitcoin holdings. 

Soon after, the German government surprised the crypto community by buying $111 million of BTC. This move brought an end to the dip and the crypto market began to recover. Despite the roller coaster it caused, it looks like the German government is back at its selling game. How much will the crypto market dip towards this time?

Read Also

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German Government Continues Bitcoin Selloff Amid Market Tensions

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Mt Gox Anticipated Selloffs and German Dumping Fuel BTC Crash

German Government Dumps Over $100 Million Worth of Bitcoin

The post German Government Prepares to Offload Bitcoin Worth $342M, Will BTC Print a New Bottom? appeared first on Crypto News Land.

The crypto market is calm, waiting for the next big bull run. Many altcoins are still at lower prices, showing great potential for future gains. Experts suggest that now might be the best time to invest before these digital currencies skyrocket. In this article, the coins poised for significant growth will be explored. These promising investments could yield substantial returns once the market turns bullish. Read on to discover which cryptos are the best picks for smart investors right now.

CYBRO Presale Climbs Past $1 Million: A One-in-a-Million DeFi Investment Opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $1 million. This cutting-edge DeFi platform offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.025 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 25 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

>>>Join CYBRO and aim for future returns up to 1200%<<<

Jito (JTO) Showing Signs of Bullish Potential Amid Bitcoin Slump

Jito (JTO) is currently trading between $1.512 and $2.435. Despite recent drops, bulls are holding strong near the Simple Moving Averages of $2.11 and $2.02. The Relative Strength Index of 55.16 and Stochastic at 67.21 indicate possible upward momentum. The nearest resistance sits at $2.97, and if surpassed, JTO could aim for $3.89, potentially soaring over 60% from its current range. With a slight MACD positive, Jito shows promise for breaking out, matching growth patterns seen in 2021. Bulls are not out, and Jito may indeed have a strong rally ahead.

Hashflow (HFT) Prices Show Potential for Strong Bullish Rebound

Hashflow (HFT) has recently seen a dip, trading between $0.14 and $0.21. Despite a recent 11% drop over the week and a 32% fall over the month, it hovers above its significant support level of $0.11. The bulls seem to be gearing up, with the Relative Strength Index at a neutral 53.48 and a strong Simple Moving Average around $0.18. If momentum builds, HFT could surge past its nearest resistance at $0.25 toward $0.32, potentially delivering gains of almost 50% from current levels. This mirrors the positive patterns seen in 2021, suggesting a promising altcoin season ahead.

Ethereum Poised for Breakout Amid Crypto Market Turbulence

Ethereum’s current price hovers between $2664.75 and $3358.20, showing a resilient stance. Despite recent declines, Ethereum’s potential for growth remains strong. Bulls could push prices to the nearest resistance level of $3784.77, signaling a promising rebound. This rally could be a 20-30% increase from current levels. The Relative Strength Index at 57.14 and other indicators suggest Ethereum is gearing up for a potential surge, reminiscent of 2021’s patterns. Keep an eye on support at $2397.87; a dip below could see further drops, but Ethereum’s overall trend hints at upward momentum.

Solana’s Bullish Momentum: Setting Sights on New Highs

Solana (SOL) has shown resilience despite recent dumps, maintaining a price range between $117 and $150.56. It has room to grow with the potential to break past its nearest resistance at $169.47, aiming even higher to $202.99. Current technical indicators like the RSI at 57.70 and a 10-day SMA at $142.40 suggest bullish conditions. If SOL can surpass these resistance levels, we could see a surge of up to 35% from current prices, marking a significant rise. Solana’s 6-month price change also reflects strong recovery potential. The current patterns point to a promising bull run, mirroring the trends seen in 2021.

Conclusion

Cryptos like JTO, HFT, ETH, and SOL have less potential in the short-term. In contrast, CYBRO, a technologically advanced DeFi platform, offers investors unparalleled opportunities. With AI-powered yield aggregation on the Blast blockchain, it provides lucrative staking rewards, exclusive airdrops, and cashback on purchases. CYBRO ensures a superior user experience with seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project with strong interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Best Cryptos to Buy Before the Market’s Bullish Turn appeared first on Crypto News Land.

21Shares AG launches three new ETPs, expanding its European lineup to 43 crypto-asset ETPs with over $3.3 billion in total assets.

New ETPs: AIMX tracks IMX (blockchain gaming), AINJ tracks INJ (DeFi), and ASUI tracks SUI.

21Shares’ new ETPs offer investors exposure to innovative blockchain ecosystems: Immutable, Injective, and Sui.

21Shares has recently introduced three new ETPs on the Euronext Paris and Euronext Amsterdam markets. The 21Shares Sui Staking ETP (ASUI), the 21Shares Injective Staking ETP (AINJ), and the 21Shares Immutable ETP (AIMX) are the new additions. 

With these new offerings, the business now offers 43 crypto-asset ETPs in Europe, handling assets valued at over $3.3 billion. The 21Shares Immutable ETP (AIMX) is intended to monitor the performance of IMX, a leading blockchain gaming platform. With more than 200 games built on the blockchain and a plethora of NFT marketplaces, Immutable is causing a major change in the gaming industry.

Developers and gamers can enjoy a low-cost and simple ecosystem that goes beyond Ethereum’s limitations. Its market position is improved through partnerships with major players like Ubisoft, which appeals to investor interest.

The 21Shares Injective Staking ETP (AINJ) monitors the performance of INJ and reinvests staking yields to enhance the ETP’s performance. The Injective Protocol provides the way for several financial products and services by facilitating interactions over large networks.

21Shares Sui Staking ETP (ASUI) adopts the market value of SUI and is backed by SUI tokens. Sui is a permissionless Layer 1 blockchain driven by Proof of Stake that aims to minimize latency in smart contract setup, achieve instantaneous settlement, and handle large transaction volumes.

21Shares is dedicated to connecting investors with cutting-edge blockchain ecosystems, and these new offerings are indicative of its commitment. These releases are part of 21Shares’ ongoing effort to broaden its crypto asset ETP offerings to encompass three state-of-the-art blockchain ecosystems.

The inclusion of AIMX, AINJ, and ASUI in 21Shares’ product group represents an important boost of the company’s offerings in the European market. 21Shares is firmly establishing itself as a top provider of crypto ETPs in Europe along with its ongoing innovation and product range expansion.

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