George Town, Cayman Islands, May 8th, 2024, Chainwire

AIGOLD is pleased to announce the launch of its innovative cryptocurrency project. This groundbreaking initiative integrates artificial intelligence with the enduring value of gold, aiming to redefine the landscape of digital assets. The presale phase of AIGOLD is currently underway, with early access available at aigold.io.

AIGOLD: Pioneering Gold Integration in Cryptocurrency with Enhanced Security and Market Stability

AIGOLD is aiming to lead the integration of gold into the cryptocurrency sector, enhancing security and stability for those engaged in trading. The platform’s design includes dedicating a portion of the proceeds from the presale of AIG (AIGOLD) tokens to acquire PAXG tokens. PAXG tokens are backed by physical gold, each representing one fine troy ounce stored in LBMA-certified vaults in London. At launch, the liquidity pool, underpinned by over one million dollars in PAXG, will be securely locked and aligned with gold price movement

The initial presale price for AIGOLD is set at $0.0035 per token and the project underwent comprehensive audits from Cyberscope and is currently being audited by CertiK, underscore AIGOLD’s commitment to security and transparency. As the market trends towards gold-backed assets, AIGOLD is looking to offer a unique platform that not only secures value but also rewards participants with gold, enhancing their participation in the evolving digital economy. 

AIGOLD: Leading Sustainable Digital Finance with Strategic Tokenomics

AIGOLD team’s innovative tokenomics structure is crafted to foster growth and establish a solid foundation for its next developmental phase. This structure, along with a strategic tax model, is aimed at enhancing the benefits for participants in the ecosystem. By reinvesting 2% of every transaction back into the liquidity pool, AIGOLD looks to ensure a dynamic and well-supported trading environment. Additionally, a designated marketing allocation aims at keeping AIGOLD prominent in the marketplace, driving ongoing visibility and engagement. The team sees the self-sustaining approach as marking a notable evolution in the cryptocurrency arena, positioning AIGOLD as a leader in sustainable digital finance practices.

AIGOLD: Empowering Future Financial Landscapes with Innovative Rewards and Stability

AIGOLD’s ecosystem offers multiple compensation methods to its participants, including rewards in gold for every transaction. Holders of AIG tokens will potentially benefit from a 5% share of gold with each buy and sell action, thanks to AIG’s built-in reward mechanism. This reward is issued in digital gold, which can also be claimed physically. AIGOLD not only provides rewards in gold but also serves as a strategic hedge against inflation and de-dollarization. By integrating artificial intelligence with gold, AIGOLD is not merely a tool for potential profit but a forward-looking platform designed to empower participants for future financial landscapes.

AIGOLD is dropping a never-before-seen Real Gold-backed NFT Mining Permit Collection as a bonus with exclusive benefits for NFT holders

AIGOLD is excited to announce the limited release of its real gold-backed NFT Mining Permits, with a total of only 4,000 permits ever to be issued. These exclusive mining permits offer additional benefits to AIG NFT holders, including receiving an annual share of 25% of the profits from gold recovered in AIG’s mining operations. This innovative approach positions AIG NFT holders to benefit from the burgeoning digital economy.

For more details and to ensure early access, users visit aigold.io to secure their place on the whitelist.

AIGOLDs team marks a transformative point in the development of digital currencies by integrating artificial intelligence with genuine gold mining. This initiative is led by new technology, including an AI-integrated exploration recovery vessel (ERV) equipped with state-of-the-art tools and LIDAR systems. These advancements facilitate the extraction of gold from the seabed in the Bering Sea, where estimates suggest there are over 500 million ounces of gold. With the rising value of gold, strategic positioning is crucial. AIGOLD’s founder and CEO, Forest, from Cornell University, stated, “At AIGOLD, we are forging a unique combination of advanced artificial intelligence, forefront technology, and the reliability of gold-backed assets.” For more details about AIGOLD, including its tokenomics, token metrics, and gold paper, users can visit aigold.io.

The AIG Team is set to introduce a variety of incentives and special offers to benefit AIG token holders. These include exclusive NFT Mining Permits, participation in charity events, air drops, and official merchandise available through the AIG store. Additionally, participants will have the opportunity to enter a Tesla Cyber Truck Competition.

For more details on these exciting opportunities, users can visit aigold.io.

AIGOLD’s Tesla Cybertruck Competition

AIGOLD is currently hosting a Cybertruck Competition featuring the chance to win a Tesla Cybertruck among a total of 20 prizes. The Tesla Cybertruck boasts remarkable features such as bulletproof construction, a waterproof or wade mode that allows driving in up to 30 inches of water, and a durable exoskeleton similar to materials used in Space X rockets. This all-electric vehicle includes Tesla’s autopilot system, accelerates from 0 to 60 mph in just 2.6 seconds, can tow up to 11,000 lbs, and travels up to 340 miles on a single charge, all while being equipped with advanced interior technology. This competition is skill-based, not a random draw.

In an era where durability and real-world utility are highly valued, AIGOLD offers a substantial opportunity. Moving away from transient trends in cryptocurrency, AIGOLD is looking to establish itself as a significant force with the potential to impact the crypto market significantly this year.

About AIGOLD

AIGOLD is the first-ever cryptocurrency project to back its liquidity pool in gold. Founded in 2023, they are a cryptocurrency ecosystem and a digital currency that offers a reward mechanism that pays out digital gold to all of their token holders. They are the first of their kind, bringing together AI and real gold mining. AIGOLD is a real utility token and aims to act as a hedge against inflation. They offer gold-backed assets through the buy/sell of their AIG token and access to the profits from their gold mining operations to Gold Mining NFT holders. AIGOLD is committed to and strives to become one of the top 100 cryptocurrencies and get on top-tier 1 exchanges. They are on a mission to maintain a self-sustainable, well-balanced, and healthy ecosystem where their investors and their ecosystem thrive. They aim to build a community of investors from around the world, including Bitcoin and Ethereum enthusiasts.

Users can find more information about AIGOLD on the following platforms:

Website I X I Telegram I Medium I Instagram

AIGold is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Contact

PR Media Relations
Kate Brown
AIGOLD
aigoldofficial@aigold.io

The post AIGOLD Goes Live, Introducing the First Gold Backed Crypto Project appeared first on Blockonomi.

Solana is navigating a fragile market, with recent gains pointing towards a potential price surge, while Filecoin shows promising growth prospects. However, BlockDAG is soaring high with a revamped roadmap, attracting investors’ attention. BlockDAG’s updated roadmap assures to reshape investment opportunities with developments in blockchain, explorer, and the X1 Miner app. Its $24.3 million presale triumph while in batch 11 and potential of a 30,000x ROI underline its game-changing outlook, establishing a new industry standard. 

Let’s dive deep into each project’s strategic direction, weighing the potential of Solana’s macro-outlook and the recent Filecoin rally against the excitement surrounding BlockDAG’s updated roadmap, the X1 Miner app’s upcoming beta version release, and its technical innovation. 

Solana Price Prediction & Market Dynamics 

Solana is currently manoeuvring a delicate market balance, with recent gains setting the stage for a possible price explosion. The bulls are back in action, reversing a downward trend and establishing control over support levels at $120. Although buying pressure slowed due to a slight dip in volume, the bulls remain poised for further gains. 

However, this optimistic trajectory isn’t without its risks. If the bulls falter, support levels could be tested, leading to a potential bearish control around $116. This macro outlook has excited many investors. Still, with the Solana price prediction hinging on market trends and the bulls’ persistence, caution is warranted for those looking to capitalize on short-term gains.

Filecoin’s Growth Potential

Filecoin, known for its decentralized data storage network, has witnessed substantial growth. In Q1 2024, the project saw a 9% increase in active deals, and network utilization jumped from 18% to 23%, per Messari Crypto’s “State of Filecoin” report. Its Virtual Machine (FVM) achieved remarkable success, with total value locked (TVL) reaching $600 million, marking nearly a 2x quarter-over-quarter growth. 

Moreover, Filecoin’s collaboration with ETBHGlobal for Scaling Ethereum 2024 hints at its broader ambitions and has driven bullish sentiment in the market. However, this momentum may be challenged by other crypto networks offering novel technical solutions.

BlockDAG’s Updated Roadmap And A Stellar $2.44 Million Miners Sale

BlockDAG is causing a stir in the crypto industry with its refreshed roadmap and innovative tech advancements. The revised plan, stretching from May 24 to September 26, showcases strides in blockchain development, BlockDAG Explorer upgrades, and X1 Miner app enhancements.

The early blockchain updates improve peer-to-peer functions and deploy advanced algorithms. In the middle stage, rigorous testing of Proof of Work consensus is prioritized, followed by efforts to achieve Ethereum Virtual Machine compatibility and integrate Metamask.

The BlockDAG explorer focuses on wireframe design and UI development for a user-friendly experience. It displays real-time data, tracks node activity, integrates smart contracts, monitors assets, and adds NFT tracking for easier management.

The Miner X1 app undergoes an extensive 8-week transformation, focusing on wireframe/UI design, streamlined onboarding, a presale module, a secure wallet, token transfers, and a community section. Such technically sophisticated updates further boast the brand’s 30,000x ROI potential.

BlockDAG’s stellar $2.44 million miners sale is attributed to its cutting-edge miner series and user-friendly X1 app that transforms a smartphone into a BDAG mining device, using an energy-efficient consensus algorithm. This app is gearing up for its highly anticipated beta version launch for both iOS and Android on 1st June!

BlockDAG’s hybrid blockchain-DAG structure achieves 10,000-15,000 TPS with low fees and rapid confirmations, thereby boasting $24.3 million in presale funding while in batch 11 and selling at a modest price point of $0.007.

Why BlockDAG Offers Unmatched Potential

To wrap up, while Solana holds steady and Filecoin advances in data storage, BlockDAG stands out with its updated roadmap, enhancing its 30,000x ROI potential. Its innovative tech, Miner X1 app, and anticipated beta launch promise to redefine the crypto landscape. 

With a $24.3M presale in batch 11 at $0.007, now is the time to invest. For investors looking to pinpoint which crypto to buy in May 2024- BlockDAG is the answer with its technical prowess and a visionary updated roadmap.

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 Updated Roadmap & 30,000x ROI Potential Overshadows Solana Price Prediction and Filecoin Rally appeared first on Blockonomi.

Oshi Casino is an exciting online gambling destination that offers an incredible selection of games and a truly top-notch experience for players.

With a focus on providing a premium gaming environment, this casino stands out from the crowd with its impressive game library, great welcome bonuses and promotions, and a commitment to customer satisfaction.

Let’s take a look at what they have to offer in more detail…

Visit Oshi Casino

Quick Verdict: Oshi Casino is a top-tier online gambling site offering a massive game library, lucrative bonuses, robust security, reputable providers, diverse currency support including crypto, mobile optimization, fast payouts, and excellent service.

Quick Facts

Category Information Owner Dama N.V. Established 2015 Licenses Curacao Games 14,000+ Software Providers NetEnt, Microgaming, Evolution Gaming, Play’n GO, Pragmatic Play + 100 more Mobile Compatible Yes Live Casino Yes – Ezugi, Evolution, Pragmatic Play Live Cryptocurrencies BTC, ETH, LTC, BCH, DOGE, USDT, ADA, TRX, BNB, XRP Languages English, German, Norwegian, French, Arabic 24/7 Support Yes – Live Chat, Email

Casino Games

Slots

Oshi Casino offers an absolutely staggering selection of online slot games – over 10,000 titles from the biggest and best software providers in the industry.

Players can enjoy classic 3-reel slots, incredibly innovative video slots with cinema-quality graphics and sounds, progressive jackpot slots with life-changing top prizes, and everything in between. Some of the most popular slots include Book of Dead, Sweet Bonanza, Wolf Gold, and the hugely entertaining Megaways slots.

Slots

Megaways

Speaking of Megaways, this revolutionary slot format has taken the casino world by storm and Oshi delivers with hundreds of Megaways titles. Games like Bonanza, Extra Chilli, and Iron Bank give you an incredible 117,649 ways to win on every spin! The gameplay is fast-paced and highly volatile for max excitement.

Megaways

Live Casino Games

For the ultimate authentic casino experience from home, Oshi’s live dealer section is simply outstanding. Streamed in crystal-clear HD from luxurious studios, players can take their pick from dozens of live roulette, blackjack, baccarat, poker and game show games dealt by real human dealers. Top providers like Evolution Gaming and Pragmatic Play Live bring the glitz and glamour.

Live Casino Games

Roulette

Roulette fans are definitely in for a treat at Oshi Casino. In addition to the live roulette tables, there are hundreds of RNG roulette variants from all the top providers. From classic European and American Roulette to innovative games like Lightning Roulette and Double Ball Roulette, there’s something for every betting taste and budget.

Roulette

Other Products

Loot Wheels

These unique games combine slots with a wheel-spinning bonus round for a thrilling blend of gameplay. Popular loot wheel titles like Mustang Gold, Vampires Charm, and Fortune Fest transport players to immersive realms filled with lucrative potential.

The base games play out like normal video slots, awarding wins for matching symbols across the reels. However, trigger the bonus round and you’ll get to spin a wheel brimming with amazing prizes like cash values, jackpots, free spins, and other special modifiers.

Lootwheels

With eye-catching graphics and engaging storylines, loot wheel slots inject an extra dose of interactivity and pulse-pounding excitement. Every bonus spin amplifies the suspense as you wait to see if the wheel will land on that life-changing jackpot.

Combining two casino staples into one seamless gameplay experience, it’s no wonder loot wheel games have rapidly gained a devoted following. Oshi players can discover plenty of these inventive hybrid titles from providers like Pragmatic Play, Hacksaw Gaming, and Relax Gaming.

Welcome Bonuses

This multi-part offer kicks off with a massive 100% match bonus worth up to €/$ 1,000 or 1,111 for Arabic countries on the first deposit. But it gets even better – new players also receive 150 free spins on top games like Book of Dead and Sweet Bonanza!

The bonuses don’t stop there though. The Welcome Package extends incredible reload offers on the next three deposits:

2nd Deposit: 75% Match Bonus up to €/$ 1,000

3rd Deposit: 50% Match Bonus up to €/$ 1,000 + 50 Free Spins

4th Deposit: 100% Match Bonus up to €/$ 1,000

Welcome Bonuses

In total, new players can claim up to €/$ 4,000 in bonus cash and 200 free spins just for signing up and making their first four deposits! For players in Arabic countries like Kuwait and UAE, the deal is even sweeter at up to €/$ 8,888 and 600 free spins.

With such a generous Welcome Package, Oshi ensures players have an overflowing bankroll to explore the massive game library from the moment they join. It’s a bold shows of appreciation for new customers.

How to Signup

Getting in on the action at Oshi Casino couldn’t be simpler. Here’s all you need to do:

Visit www.oshi.io and click on the bright yellow “Sign Up” button at the top of the homepage.

Enter some basic personal details like your name, date of birth, and contact information in the registration form that pops up. Be sure to use valid info as you’ll need to verify your identity later.

Create a secure username and password for your account. Make it something you’ll remember but others can’t guess.

Check the boxes to accept the terms and conditions as well as confirm you are of legal age to gamble online.

Click “Create Account” and you’re all set!

How to Sign Up

That’s really all there is to it. The whole process takes just a couple minutes from start to finish.

Once registered, you can make your first deposit using any of the convenient banking options like credit cards, e-wallets, cryptocurrencies or bank transfers. Don’t forget to claim your generous Welcome Bonus while making that first deposit!

With your account funded, you’ll have instant access to explore Oshi’s massive game lobby and all the incredible promotions. Safe, legal online gambling entertainment is just a few clicks away!

Regular Promotions and Loyalty Program

Regular Promotions

The fun never stops at Oshi thanks to the constant flow of reload bonuses, free spins, cashback offers and more up for grabs every week. These change frequently to keep things exciting.

Players can look forward to specials like:

Bonus Reload – Get a 50% match bonus up to $500 on your next deposit every Wednesday

Free Spins Frenzy – Claim batches of 50 to 100 free spins to use on popular slots every Monday

Weekender Cashback – Receive 10% cash back on losses from Friday-Sunday

There are also nostalgia-themed promos like “Retro Slots Week” offering bonus funds to play classic favorites. Oshi partners with the top providers for exclusive prize drops and tournaments too.

Players are informed of all the latest promotions via email, site notifications, and the blog. The offers always highlight the most generous deals worth claiming.

Regular Promotions

Loyalty Program

For those that play regularly, Oshi’s Loyalty Program ensures you get rewarded for your commitment. This multilevel VIP scheme tracks players’ overall bets across all games.

As you rise through the levels by accumulating points, you’ll unlock perks like:

Higher withdrawal limits

Exclusive bonus offers

Cashback on losses

Faster payouts

Personalized gifts and prizes

Dedicated VIP host

The highest level players can look forward to being treated like royalty with benefits like hefty deposit bonuses, birthday bonuses, and special VIP manager service. It pays to remain loyal at Oshi!

Payment Methods

Deposit Options

Players can choose to deposit funds into their Oshi account using any of the following secure payment platforms:

E-Wallets: Skrill, Neteller, ecoPayz, MuchBetter, Venus Point, AstroPay

Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Tron, Ripple, Tether

Prepaid: Paysafecard, Neosurf Mobile: Boku, MPlus, Siru Mobile

Online Banking: Trustly, iDebit, Interac

Credit/Debit Cards: Visa, Mastercard, Maestro And many more regional options like UPI, PayTM, eZeeWallet for Indian players

No matter where you’re located, Oshi ensures there are ample deposit methods to suit your needs and preferences. Deposits are processed instantly.

Deposit Options

Withdrawal Options

When it comes time to cash out those winnings, Oshi gives players a vast array of options including:

E-Wallets: Skrill, Neteller, ecoPayz, MuchBetter, AstroPay, Venus Point

Bank Transfer: Wire Transfer, Instadebit, Interac

Cryptocurrencies: BTC, ETH, LTC, BCH, XRP, TRON + More

Online Banking: Trustly, iDebit Prepaid: Neosurf And other local banking methods

Withdrawal times are lightning fast, especially for e-wallet and crypto requests which are processed within 1-2 hours. Even bank transfers are fairly rapid at 1-5 business days.

With such a huge selection of banking methods acceptable for both deposits and withdrawals, Oshi Casino makes it incredibly easy and accessible for players to move money in and out at their convenience.

Is Oshi Casino Legit?

Properly Licensed and Regulated

Holds a gaming license from Curacao (License #8048/JAZ2020-013)

Owned and operated by Dama N.V., an established company

Adheres to regulatory requirements for fair gaming and player protection

Secure and Safeguarded

Implements industry-standard security measures to safeguard user data

Allows secure cryptocurrency transactions

Provides responsible gambling tools though details are not specified

Reputable Game Providers

Games supplied by trusted developers like NetEnt, Microgaming, Evolution, Pragmatic Play, Play’n GO and over 100 more

Games are regularly audited for fair randomness by reputable testing agencies

Fast Payouts with High Limits

Promises fast payouts with withdrawals pending between 0-2 hours

Permits high monthly withdrawal limits up to $30,000

No widespread complaints about delayed or unfair payouts found

Established Track Record

Operating since its establishment in 2015

Oshi Casino is backed by the reputable Dama N.V. company

Generally positive reputation in the online gambling market

Oshi Casino displays all the key characteristics of a legitimate and trustworthy online casino operation. With a valid gaming license, strong security practices, games from premium software providers, fast payouts with high limits, and an established brand reputation spanning over 8 years, players can feel confident that this is a safe, fair, and reliable platform to gamble on. The ability to use cryptocurrencies is also a bonus.

Is it Safe to Use?

Robust Data Security

Implements advanced SSL encryption to protect user data and transactions

Website is regularly scanned and audited for vulnerabilities by third parties

Allows anonymous play with cryptocurrencies requiring no personal information

Prioritizes Player Privacy

Accepts cryptocurrencies for enhanced anonymity and privacy

No strict KYC required during registration for added privacy

Committed to protecting players’ identities and financial information

Fair and Provably Fair Games

Games are supplied by reputable and trusted providers like NetEnt, Microgaming, Evolution, etc.

While not explicitly stated, games likely undergo regular independent testing for fairness

Reputable providers are required to have games certified for fair randomness

Safe Banking Environment

Supports secure cryptocurrency transactions

Significantly reduces risk of fraud, identity theft, chargebacks

Payouts processed very quickly between 0-2 hours with high withdrawal limits

Responsible Gambling Measures

Provides standard responsible gambling tools though specifics are not detailed

Likely offers self-exclusion, deposit limits, etc. per industry norms

No clear information on resources for gambling addiction

Oshi Casino demonstrates a strong commitment to providing a safe and secure online gambling environment. With robust encryption, an emphasis on player privacy, fair games from trusted providers, secure cryptocurrency banking, fast payouts, and responsible gambling measures in place, players can utilize the platform with confidence.

Design & Usability

The design of Oshi Casino’s website is clean, modern and user-friendly. The layout makes excellent use of spacing and contrasting colors, with a primarily black background accented by pops of bright yellow.

This color scheme gives it an energetic yet sophisticated look and feel. Navigation is straightforward thanks to a simple menu structure that makes it easy to access all areas of the site.

Usability is also a strong point at Oshi. The game lobby filters allow you to quickly find your preferred titles by type, provider, or with a search function. Titles load quickly with no perceptible lagging.

Oshi Homepage

The mobile-optimized design ensures the site looks great and functions perfectly on smartphones and tablets too. You can seamlessly switch between devices and pick up right where you left off.

Another usability perk is the multi-language support. Oshi Casino is available in English, German, Norwegian, French and Arabic among other languages.

This helps create an inclusive experience for players around the world. The 24/7 customer support via live chat in multiple languages is also a huge asset should any questions or issues arise.

From a user experience standpoint, Oshi seems to have put a lot of thought and effort into designing an online casino that just works exceptionally well across all platforms and screensizes.

The combination of appealing visuals, intuitive navigation, and versatile accessibility features results in a premium, hassle-free gaming environment that players will thoroughly enjoy interacting with.

Members Area

Once you’ve created an account at Oshi Casino, you gain access to a full-featured members area packed with useful tools and functionalities.

The heart of the members area is the account dashboard. This centralized hub provides an at-a-glance overview of your current balance, outstanding bonuses, recent transactions, and more. You can quickly check promotion details, make a deposit, or initiate a withdrawal with just a few clicks.

Members Area

The members area also allows you to comprehensively manage your account settings and preferences. You can update personal information, change login credentials, set deposit limits, activate multi-factor authentication for enhanced security, and more – all from this secure section.

For those who want to track their gameplay activity, there are detailed player logs. These show your complete betting history across all games, including timestamps, bet amounts, winnings, losses and game types played. This transparency allows you to analyze your habits and spending.

The members area is also where you access Oshi Casino’s loyalty program if you want to check your tier progress and currently available VIP rewards and perks.

Mobile Offering

Oshi Casino has put a strong emphasis on delivering an exceptional mobile gambling experience across all devices. The entire site is fully optimized to work flawlessly on smartphones and tablets running iOS, Android, or Windows.

The instant-play mobile platform requires no separate app downloads. Simply open your web browser and navigate to Oshi.io to gain instant access to the entire game lobby with thousands of slots, table games, live dealer titles and more – all instantly available in your pocket.

The user interface automatically adapts to provide an interface optimized for smaller touchscreens. Navigation is smooth and intuitive, with an intelligent layout that maximizes screen real estate. All the familiar account functions like cashier, promotions, and support are just a tap away.

Mobile Offering

Game performance on mobile is impressive thanks to HTML5 technology and lightweight coding. Titles load rapidly with no lagging, stuttering or delays. The graphics, sounds, and animations render crisp and clear for a highly immersive experience.

Safety and security are also priorities on mobile, with robust encryption safeguarding your data and transactions. You can even transact using many of the same banking methods as desktop, including cryptocurrency options for enhanced privacy.

Whether at home or on-the-go, Oshi delivers a premium, Vegas-caliber mobile casino that truly captures the magic of online gambling. The convenience and quality make it an ideal choice for players who demand the ultimate mobile experience.

Ease of Use

From the moment you land on Oshi Casino’s website, it’s clear that a premium has been placed on intuitive ease of use. Everything about the platform has been designed with simplicity and accessibility in mind.

The registration process to open a new account is quick and straightforward. The clearly labeled sign-up button leads you through a simple form collecting just basic personal details. Within a couple minutes, your account is ready to go.

Once logged in, you’re greeted with a clean interface that makes navigation a breeze. The games lobby is neatly organized with filters that let you sort by provider, type, new releases and more. You can also search for specific titles. Loading games just takes one click or tap.

Funding your account is similarly effortless thanks to a vast array of trusted deposit methods like credit cards, e-wallets, cryptocurrencies and more. Selecting your preferred option brings up a sleek cashier interface to input details. Withdrawals are streamlined as well.

For those moments you need assistance, Oshi’s multi-lingual live chat is available 24/7 with knowledgeable representatives ready to assist. You can also check an extensive FAQ database for quick answers.

Mobile users will appreciate the instant-play platform which provides the full Oshi experience optimized for smartphones and tablets. Everything from registration to gameplay translates flawlessly.

Oshi Casino has nailed ease-of-use across desktop and mobile. An accessible interface, smart navigational tools, and a focus on simplicity ensures anyone can jump right in and start playing within minutes – hassle-free.

Customer Support

Live Chat

Support One of the primary support channels is the 24/7 live chat feature. With just a couple clicks, you can instantly connect to a friendly customer service agent ready to assist.

Live chat is available in multiple languages including English, Russian, and German for global support. This real-time support method is perfect for getting quick resolutions to any issues or queries you may have.

Email Support

For matters that require more back-and-forth dialogue, email is an option. Players can reach out to the Oshi Casino team at support@oshi.io.

While not instantaneous, you can expect a comprehensive reply in a timely manner via email. This allows you to provide full details about your situation and receive an equally thorough response.

Live Chat

Extensive FAQs

Oshi Casino has a vast knowledge base of FAQs and guides covering everything from creating an account and making deposits to understanding bonuses, technical issues, and more.

This self-service section allows you to find quick answers to common questions at any time without having to contact support directly.

Social Media

Players can also attempt to get support by reaching out to Oshi Casino’s social media channels like Facebook and Instagram. While not an primary support method, the casino’s social pages are actively monitored.

By offering live chat, email, online resources, and social media as contact points, Oshi Casino provides a good range of customer support options to suit different preferences and situation urgencies. The multilingual capabilities are also appreciated for an international audience.

Conclusion

Oshi Casino has established itself as a premium destination that checks all the boxes for an exceptional player experience.

With a massive game library featuring over 14,000 titles from the biggest providers, there’s truly something for everyone – whether you’re a slots enthusiast, table games lover, or live casino aficionado. The diverse mix of developers ensures a steady stream of innovative and exciting new content.

The user-friendly site design makes navigation a breeze, while the mobile-optimized platform delivers the full Oshi experience seamlessly on smartphones and tablets.

Oshi Casino has all the proper credentials as a legitimate and trustworthy brand. Holding a Curacao gaming license, implementing robust security, offering banking methods, and providing responsive customer service – it ticks every box for safety and fair play.

But the party really gets started with Oshi’s lucrative bonuses and promotions. Between the generous welcome package up to $4,000 and the steady stream of exciting reload bonuses and free spins, players’ bankrolls get an awesome boost every step of the way.

From its vast game variety and stellar user experience to its prioritization of security, fairness and customer satisfaction, Oshi Casino emerges as a top-tier online gambling destination richly deserving of your play.

Visit Oshi Casino

FAQs

Q: Is Oshi Casino licensed and regulated?

A: Yes, Oshi Casino holds a legitimate online gambling license from the jurisdiction of Curacao under license number 8048/JAZ2020-013.

Q: What software providers power the games at Oshi Casino?

A: Oshi partners with over 100 top-rated game studios including Microgaming, NetEnt, Play’n GO, Pragmatic Play, Evolution Gaming, Betsoft, and many more.

Q: Does Oshi Casino offer a mobile gambling experience?

A: Yes, the entire site is fully optimized for mobile play on iOS, Android, and Windows smartphones/tablets with no app download required.

Q: What currencies can I use to play at Oshi Casino?

A: Oshi accommodates a wide range of fiat and cryptocurrencies including EUR, USD, CAD, AUD, NOK, RUB, BTC, ETH, LTC, BCH, DOGE, and more.

Q: How do I create a new account at Oshi Casino?

A: Simply click the “Sign Up” button, complete the brief registration form with some basic details, and your new account will be ready to go.

Q: What banking methods can I use to deposit and withdraw?

A: Accepted payment methods include credit/debit cards, e-wallets (Skrill, Neteller, ecoPayz), bank transfers, cryptocurrencies, and various local options.

Q: Does Oshi Casino offer any welcome bonuses for new players?

A: Yes! New players can claim a lucrative welcome package worth up to $4,000 in bonus cash plus 200 free spins on their first deposits.

Q: How can I contact customer support if I need assistance?

A: Oshi Casino offers 24/7 support via live chat in multiple languages as well as an email support option at support@oshi.io.

The post Oshi Casino Review: Crypto Friendly, 100% Welcome Bonus & 150 Free Spins appeared first on Blockonomi.

Ripple Labs is once again coming under the scrutiny of the US Securities and Exchange Commission (SEC) after the federal agency suggested in a recent reply brief that Ripple’s upcoming stablecoin is an “unregistered cryptocurrency asset.”

“Ripple’s primary business continues to be, as it has been since 2013, unregistered sales of XRP. It also plans to issue a new unregistered crypto asset,” the document stated.

While the SEC did not specify that the “new unregistered crypto asset” was Ripple’s not-yet-launched stablecoin, Ripple’s latest announcement of a new cryptocurrency issuance confirmed this.

The SEC is Not Into Cryptos

Last month, the tech firm announced its plans to launch a new stablecoin that consistently maintains a backing of assets such as US dollar deposits, US government bonds, and cash equivalents. To date, Ripple hasn’t shared further details about its upcoming stablecoin.

However, following the SEC’s move, Ripple issued a blog post discussing stablecoins, their potential, and their benefits.

Apart from Ripple’s stablecoin, the SEC’s filing also shows that it maintains its stance on Ripple’s primary business. The agency said Ripple’s sale of XRP tokens constituted unregistered securities offerings.

As noted in the filing, Ripple claims that because it has licenses from other jurisdictions that don’t consider XRP a security, it won’t violate US securities laws. However, the SEC dismisses this argument as irrelevant. The agency compares it to “a New York restaurant need not obtain a liquor license because it obtained a fishing license in California.”

In response to Ripple’s request to change the wording of the court orders, the SEC defended its proposed injunctions as clear, necessary, and based on legal precedent.

In his response, Ripple’s chief legal officer, Stuart Alderoty, called the SEC’s filing baseless, saying the agency is lacking cooperation with international regulators on crypto regulations.

The mounting pressure from the SEC on Ripple likely originated from a lawsuit filed in 2020. In this legal battle, despite XRP itself not being considered a security, the sales of $728.9 million XRP to hedge funds and sophisticated buyers were found to be unlawful.

Consequently, the SEC is pursuing $2 billion in damages from Ripple for its XRP transactions.

Stablecoins Face Increased Scrutiny

Stablecoins have long been an integral part of the cryptocurrency system. Not only Ripple, digital payment giant PayPal has also engaged in this lucrative market.

1/ The stablecoin market is booming – around $150B today, and projected to soar past $2.8T by 2028. There's a clear demand for trust, stability, and utility.

That's why later this year we’re launching a stablecoin pegged 1:1 to the USD on the XRP Ledger and Ethereum.…

— Ripple (@Ripple) April 4, 2024

Though this is Ripple’s first launch and potentially facing big competition from the big names like Tether’s USDT or Circle’s USDC, Ripple CEO Brad Garlinghouse, remains positive about the competition. He said Ripple’s new stablecoin targets the US market but might expand to other European and Asian countries in the future.

However, the SEC’s target on Ripple’s stablecoin could prevent the company from reaching its goal. It could also raise concerns among other stablecoin issuers.

Besides Ripple, the SEC’s allegations also previously aimed against Binance concerning the issuance of BUSD- Binance’s stablecoin. Though Binance’s response and potential judicial interpretation may differ, the SEC’s message is clear: stablecoins may be viewed as securities, prompting heightened scrutiny among stablecoin issuers.

In recent years, the U.S. SEC has taken a multifaceted approach to regulating digital assets, including stablecoins. Despite recognizing and validating the potential benefits of blockchain technology and digital innovation at some levels, the SEC remains cautious in its approach.

The growing number of legal cases like the SEC’s lawsuit against Ripple also shows the lack of mutual understanding between cryptocurrency companies and regulators.

This ambiguity in regulations creates uncertainty for companies, potentially leading to missteps that result in financial losses. This situation also raises questions about lawmakers’ responsibility to provide clear regulatory frameworks for digital assets.

The SEC recently generated headlines after threatening legal lawsuits against several prominent crypto entities. The latest targets are Uniswap Labs, Consensys, and Robinhood.

The post Ripple’s Upcoming Stablecoin Under SEC Scrutiny: Another Legal Battle Looms appeared first on Blockonomi.

Germany’s third-largest state-owned bank, Kreditanstalt fuer Wiederaufbau (KfW), is set to make a significant stride in the adoption of blockchain technology by issuing its first-ever blockchain-based digital bond.

The bond, characterized as a ‘crypto security’ by the bank, will be issued in accordance with the German Electronic Securities Act (eWpG) and is scheduled for completion in the summer of 2024.

TLDR

Germany’s state-owned bank KfW is preparing to issue its first blockchain-based digital bond in the form of a crypto security in accordance with the German Electronic Securities Act (eWpG).

The transaction is scheduled to be completed in the summer of 2024, with Cashlink Technologies GmbH acting as the crypto securities registrar.

KfW aims to demonstrate digitalization, increase the profile of crypto securities, and contribute to the development of the digital securities market in Germany and Europe.

The bank will conduct dialogues with European institutional investors to familiarize them with this type of transaction and has already secured Union Investment as an anchor investor.

The bond will be issued through a bookrunner consortium consisting of DZ Bank, Deutsche Bank, LBBW, and Bankhaus Metzler, with DZ Bank also acting as a collective registered holder of the bond.

This move by KfW is part of a broader effort to demonstrate the potential of digitalization in the financial industry and contribute to the development of the digital securities market in Germany and Europe.

As one of the country’s largest promotional banks, KfW recognizes the importance of embracing innovative technologies to maintain the competitiveness of the European financial market.

Melanie Kehr, Member of the Executive Board of KfW Group, emphasized the significance of this initiative, stating,

“With the planned issue of our first crypto security in accordance with the German Electronic Securities Act, we are once again testing an innovation on the financial market and aim to pave the way for future transactions of this type for other market participants.”

The issuance of a blockchain-based bond offers several advantages, including increased efficiency and scalability.

By tokenizing the bond on a blockchain, KfW can automate various aspects of bond management, such as interest payments and maturity settlements, while reducing the need for intermediaries at each step of the process.

This streamlining of capital market processes ultimately benefits the real economy by making transactions safer and allowing capital to flow more quickly.

To ensure the success of this pioneering venture, KfW is placing special emphasis on investor engagement. The bank will conduct dialogues with European institutional investors over several weeks, providing them with sufficient time to familiarize themselves with this type of transaction. KfW has already secured Union Investment, a company with extensive experience in crypto securities, as an anchor investor for the upcoming bond issuance.

Timeline of Bond issuance plans, Source: KfW

The transaction will be executed through a bookrunner consortium consisting of DZ Bank, Deutsche Bank, LBBW, and Bankhaus Metzler, all of which have prior experience with blockchain technology.

DZ Bank will also act as a collective registered holder of the bond, further streamlining the process. Frankfurt-based fintech Cashlink Technologies GmbH has been appointed as the crypto securities registrar for the issuance.

While KfW is taking a significant step towards digitalization with the issuance of this blockchain-based bond, the bank is limiting itself to the digital format of the bond issuance itself. Funds will continue to be processed using traditional payment systems, ensuring a smooth transition and minimizing potential disruptions.

This initiative by KfW follows its previous experiences with the digitalization of its money market and derivatives activities. In 2022, the bank issued its first digital bond in the form of a central register security in accordance with the German Electronic Securities Act.

The current move to issue a blockchain-based bond represents the next major step in KfW’s digital transformation journey.

The combination of technological progress and a regulated environment has provided KfW with the ideal conditions to take this leap forward. Tim Armbruster, Treasurer at KfW, expressed the bank’s optimism regarding the potential benefits of digitalization, stating,

“We believe that digitalisation will be advantageous in terms of increased efficiency and scalability.”

As KfW embarks on this groundbreaking venture, it is setting an example for other financial institutions in Germany and Europe.

By demonstrating the feasibility and advantages of issuing a blockchain-based digital bond, the bank is paving the way for wider adoption of this technology in the financial sector.

This move not only strengthens KfW’s position as a leader in digital innovation but also contributes to the overall competitiveness and integration of European capital markets.

The post German State-Owned Bank Embraces Blockchain Technology for Bond Issuance appeared first on Blockonomi.

The intersection of traditional investment strategies and the unpredictable allure of meme coins continues to captivate both seasoned investors and newcomers alike. The recent influx of institutional interest in cryptocurrencies has brought significant attention to assets beyond the mainstream giants like Bitcoin and Ethereum. Among these emerging trends is the notable venture of big Cardano (ADA) bulls into the realm of meme coins, particularly one gaining traction: Hump Token (HUMP). In this article, we delve into the intriguing narrative of how these seasoned investors are diversifying their portfolios by accumulating a massive bag of Hump Token, a potential competitor to the iconic Dogecoin (DOGE).

The Rise of Meme Coins in the Crypto Space

Meme coins, characterized by their humorous branding and often whimsical narratives, have emerged as a significant subset within the broader cryptocurrency market. While initially regarded as internet novelties, meme coins have demonstrated remarkable resilience and staying power, with some achieving cult-like status among investors. Dogecoin, the original meme coin inspired by the Shiba Inu dog meme, serves as a prime example, garnering a dedicated community and achieving unprecedented price surges despite its origins as a joke currency.

Enter Hump Token (HUMP): A Challenger to Dogecoin’s Throne

Amidst the proliferation of meme coins, Hump Token has emerged as a noteworthy contender vying for a slice of the market share dominated by Dogecoin. Launched on the Solana blockchain, Hump Token distinguishes itself by its commitment to innovation and community engagement. With its fast and efficient transaction processing, Hump Token addresses common pain points associated with meme coins, such as high fees and slow confirmation times. Moreover, Hump Token’s tax-free trading mechanism adds an extra layer of appeal, fostering a vibrant and active trading environment conducive to market liquidity and participant engagement.

The Entry of Big Cardano (ADA) Bulls into Meme Coins

Against this backdrop of meme coin proliferation, the entry of big Cardano (ADA) bulls into the meme coin market has raised eyebrows and sparked intrigue within the cryptocurrency community. With an eye for spotting emerging trends and potential investment opportunities, these institutional players are diversifying their portfolios beyond traditional assets and exploring the untapped potential of meme coins like Hump Token. The decision to allocate a significant portion of their funds to Hump Token underscores their confidence in its long-term viability and disruptive potential within the meme coin space.

Accumulating a Massive Bag of Hump Token: A Strategic Investment Move

The accumulation of a massive bag of Hump Tokens by big Cardano (ADA) bulls signifies a strategic investment move aimed at capitalizing on the growing popularity and market momentum of this burgeoning meme coin. By leveraging their considerable resources and market influence, these institutional players are positioning themselves at the forefront of a nascent yet rapidly expanding market segment. The decision to invest in Hump Token reflects not only a calculated bet on its future success but also a broader recognition of the transformative power of decentralized finance (DeFi) and community-driven initiatives within the cryptocurrency ecosystem.

Comparing Hump Token to Dogecoin: A Tale of Two Meme Coins

While Dogecoin remains the undisputed king of meme coins, Hump Token presents itself as a formidable challenger, poised to disrupt the status quo and carve out its own niche within the market. Unlike Dogecoin, which relies primarily on its cult-like following and celebrity endorsements for traction, Hump Token boasts a robust technical infrastructure and innovative features designed to enhance user experience and foster community engagement. With its tax-free trading mechanism and emphasis on decentralization, Hump Token offers a compelling alternative to Dogecoin, appealing to both seasoned investors seeking utility and newcomers drawn to its meme coin allure.

 

The Future of Hump Token ($HUMP): Navigating Opportunities

As Hump Token (HUMP) continues to gain momentum and attract attention from institutional investors and retail traders alike, the road ahead is rife with both opportunities. The influx of institutional capital bodes well for its long-term growth trajectory, providing the necessary resources and market liquidity to sustain its upward momentum. With a dedicated community and a clear vision for the future, Hump Token is well-positioned to navigate challenges and emerge as a prominent player in the meme coin landscape.

Conclusion

In conclusion, the entry of big Cardano (ADA) bulls into meme coins, particularly Hump Token, signals a significant inflection point in the evolution of the cryptocurrency market. By recognizing the potential of meme coins as more than just internet novelties, these institutional players are spearheading a paradigm shift towards a more inclusive and diversified investment landscape. As Hump Token continues to disrupt the status quo and challenge the dominance of traditional meme coins like Dogecoin, the stage is set for a new era of innovation and opportunity within the cryptocurrency ecosystem.

Click here to Buy Hump Token (HUMP):

Website: https://hump.io/ 

Twitter: https://x.com/Humptoken

Telegram: https://t.me/humptoken 

The post Big $11,000,000 Cardano (ADA) Bulls Ventures into Meme Coins, Accumulates Massive Bag of Under $0.01 Dogecoin (DOGE) Competitor appeared first on Blockonomi.

The cryptocurrency market is known for its volatility, attracting investors with its potential for astronomical gains. Recently, an $8,000,000 Ethereum (ETH) whale made waves within the crypto community by diversifying their portfolio with a massive bet on a newcomer token trading under $0.01, known as Hump. This bold move has sparked curiosity and excitement among investors, prompting questions about the potential of this obscure token and the motivations behind such a significant investment. In this article, we’ll delve into the details of this unprecedented manoeuvre, exploring the implications for both the whale and the broader cryptocurrency market.

Understanding the Ethereum (ETH) Whale

Before we explore the whale’s investment in Hump, it’s essential to understand the significance of an Ethereum whale. In the cryptocurrency world, a whale refers to an individual or entity that holds a substantial amount of a particular cryptocurrency.  These whales wield significant influence over the market, as their buying or selling activities can cause price fluctuations and impact investor sentiment. Ethereum whales, in particular, command attention due to the prominence of the Ethereum network and its native cryptocurrency, ETH. With Ethereum serving as a foundational platform for decentralized applications (DApps) and smart contracts, whales holding ETH often play a pivotal role in shaping the ecosystem’s dynamics.

The Emergence of Hump ($HUMP)

Hump is a relatively new token that has garnered attention for its unique approach to the meme coin phenomenon. Trading under $0.01, Hump distinguishes itself from other meme coins by offering innovative features and a vibrant community. Despite its humble beginnings, Hump has quickly gained traction within the crypto space, attracting the interest of both retail investors and institutional players. Its low price point and potential for exponential growth have made it an enticing prospect for those seeking high-risk, high-reward opportunities in the market.

The $8,000,000 Investment

The $8,000,000 Ethereum Whale’s decision to allocate a significant portion of their portfolio to Hump has raised eyebrows and sparked speculation among industry observers. Such a substantial investment in token trading at fractions of a cent signals confidence in the future prospects of Hump and underscores the whale’s willingness to take calculated risks for potentially lucrative returns. While the specifics of the whale’s investment strategy remain shrouded in mystery, this move speaks volumes about their assessment of Hump’s growth potential and the broader cryptocurrency landscape.

Implications for HUMP

For Hump, the $8,000,000 investment represents a vote of confidence from a major player in the crypto market. The influx of capital from the Ethereum whale could provide Hump with the resources needed to expand its ecosystem, develop new features, and increase its visibility within the crypto community. Moreover, the endorsement from such a prominent investor could attract additional interest and investment from other institutional players, further bolstering Hump’s credibility and market value. However, with great potential comes greater scrutiny, and Hump must demonstrate its ability to deliver on its promises and justify the whale’s faith in its future trajectory.

Market Dynamics and Investor Sentiment

The Ethereum whale’s massive bet on Hump has undoubtedly stirred up excitement and speculation among retail investors and traders. The prospect of exponential gains fueled by institutional backing has led to a surge in demand for Hump tokens, driving up its price and trading volume. However, with heightened interest comes increased volatility, as the market reacts to news and developments surrounding Hump and its ecosystem. Investors must exercise caution and conduct thorough due diligence before jumping on the bandwagon, as the cryptocurrency market remains inherently unpredictable.

Conclusion

The $8,000,000 Ethereum (ETH) whale’s massive bet on Hump represents a significant development in the cryptocurrency market, highlighting the growing interest in low-priced tokens with high growth potential. As investors continue to seek opportunities for diversification and capital appreciation, tokens like Hump offer a compelling proposition for those looking to capitalize on emerging trends. While the identity of the whale remains unknown, their investment serves as a testament to the increasing relevance and importance of cryptocurrencies in today’s financial landscape.  As Hump continues to garner attention and momentum, it remains to be seen how this investment will shape the future trajectory of both the token and the wider cryptocurrency market.

Click here to Buy Hump Token (HUMP):

Website: https://hump.io/ 

Twitter: https://x.com/Humptoken

Telegram: https://t.me/humptoken 

The post $8,000,000 Ethereum (ETH) Whale Diversifies Portfolio with Massive Bet on Newcomer Token Trading Under $0.01 appeared first on Blockonomi.

In the ever-evolving world of cryptocurrency and decentralized finance (DeFi), innovators are continuously pushing the boundaries of what is possible.

Memereum, a crypto project on the BNB Smart Chain, is one of these trailblazers, offering a range of services including insurance, lending, staking, and a DeFi card with valuable benefits.

Memereum’s goal is to address some of the critical issues in the crypto space while building a robust financial ecosystem for its users.

 Click here to take part in the memereum presale

Why Memereum and Bitcoin Are Leading the Way in Disrupting the Financial Sector

A prominent crypto billionaire, known for their insightful approach to finance, has expressed strong confidence in the potential of Memereum and Bitcoin to revolutionize the industry. Here’s why these assets are poised for significant impact:

Bitcoin: The Cornerstone of Digital Finance

Bitcoin has evolved from a digital experiment to a globally recognized store of value, attracting interest from investors, financial experts, and technology enthusiasts. Its transformation into a “digital gold” is supported by several factors:

Institutional Recognition: Bitcoin’s acceptance by major corporations, investment funds, and even central banks has solidified its legitimacy within the traditional financial system.

Scarcity and Value Preservation: With a finite supply of 21 million coins, Bitcoin is a deflationary asset, providing a digital alternative to traditional value stores like gold.

Global Accessibility: Bitcoin’s decentralized structure allows anyone with internet access to participate, promoting financial inclusion for those who lack access to traditional banking.

DeFi and Smart Contract Innovations: Although Bitcoin’s smart contract capabilities are less advanced than Ethereum’s, its entrance into decentralized finance (DeFi) through solutions like the Lightning Network has potential to reshape the financial sector.

Protection Against Inflation: During periods of economic uncertainty and rising inflation, Bitcoin serves as a hedge against currency depreciation, attracting investors seeking stability.

Memereum: Pioneering Crypto-Based Insurance and DeFi

While Bitcoin serves as a foundational digital asset, Memereum is exploring new frontiers in DeFi and crypto-based insurance. Here’s why the crypto billionaire believes Memereum is poised to play a key role in the future of finance:

Comprehensive Crypto Insurance: Memereum provides insurance coverage for digital coins, protecting against rug pulls and market instability. It also insures against Fiat depreciation with coverage for gold, silver, and other precious metals.

High-Capacity Lending Platform: Memereum Finance allows loans up to 75% of the total Memereum assets, offering users liquidity without losing ownership of their crypto assets.

DeFi Debit Card with Rich Rewards: The Memereum Visa Debit Card connects the digital and traditional finance worlds, allowing users to spend crypto like cash while earning high staking rewards.

Staking and High-Value NFTs: Memereum offers a generous 183% APY staking rate and rewards high-value holders with state-of-the-art NFTs valued at over $2,500, adding additional incentives for investors.

Strong Market Demand and Growth Potential: Memereum’s presale has sold over 9 million tokens, with the launch price set at $0.45, representing a potential 1600% gain from the current presale price of $0.027. This remarkable growth potential has drawn significant investor interest.

Memereum and Bitcoin: A Winning Combination

The crypto billionaire’s support for Memereum and Bitcoin is based on their complementary roles in the financial landscape.

While Bitcoin establishes itself as a reliable digital store of value, Memereum is pushing the boundaries of DeFi innovation, providing practical applications that can transform everyday life. Together, they form a harmonious duo, reshaping the financial sector and laying the groundwork for a new era in crypto-based finance.

Perks for Early Investors

Memereum is a pioneering platform in crypto lending, offering investors a unique option to obtain loans of up to 75% of their Memereum assets. They can use their Memereum tokens as collateral to borrow funds, which can be used for different investments or expenses.

As the Memereum presale continues, unique NFT awards are offered to high-value holders. Valued at over $2,500 on the open market, these special NFTs signify Memereum’s dedication to rewarding its most loyal investors. Remarkably, Memereum creates exclusivity and prestige among its top supporters, incentivizing significant investment in its ecosystem.

Along with its NFT benefits, Memereum’s upcoming decentralized exchange (DEX) debut will redefine crypto trading. With this development, Memereum hopes to give users more control over their digital assets and promote a more accessible and open trading environment.

Progress Up Until This Point

Over 10 million tokens have been sold so far during the Memereum presale —a sign of the high demand from investors. Memereum intends to burn fifty million tokens across multiple stages. This calculated maneuver is anticipated to have a favorable effect and augment the token’s value.

The opportunity for substantial gains is evident with a presale price of $0.027 and an expected listing price of $0.45. The price rise alone indicates a growth of 1600%, and it might go up to 100x shortly after.

In addition to this feat, an airdrop Zealy quest is ongoing and promises rewards to all participants. Everyone is invited to join the task and utilize the attached benefits. Remarkably, Memereum has been pre-listed on two exchanges—Azbit and VinDax. The team will soon announce the top 50 exchanges on all social media platforms.

Investors interested in participating in the Memereum presale can buy $MEME tokens with BNB, ETH, and USDT. Investing in a project that combines insurance, decentralized financial infrastructure solutions, and staking incentives in one convenient package is a great deal. This is an opportunity you won’t want to pass by, so why wait?

 Click here to take part in the memereum presale

For more information on Memereum, visit their official website and follow their social media channels for the latest updates. Before investing in any cryptocurrency or DeFi project, always conduct thorough research and understand the risks involved.

  Click here to take part in the memereum presale

Social Links:

Website: https://memereum.net/

Twitter: https://twitter.com/MemereumBSC

Telegram: https://t.me/MemereumBSC

YouTube: https://youtube.com/@Memereum

Instagram: https://www.instagram.com/officialmemereum/

Zealy: https://zealy.io/cw/memereum

Medium: https://medium.com/azbit-news/listing-alert-meme-e8a9d8adfb95

The post Unlocking the Future: Memereum’s Crypto Presale 2024 – Redefining DeFi with Insurance, Lending, Staking, and DeFi Debit Cards appeared first on Blockonomi.

Solana (SOL), one of the top-performing cryptocurrencies in the market, has recently experienced a 9% pullback after failing to reclaim the crucial $160 resistance level.

The retracement, which occurred over a 48-hour period leading up to May 8, 2024, saw Solana’s price dip below $146. However, despite this short-term setback, on-chain data and technical indicators suggest that the rally may not be over just yet…

TLDR

Solana’s price dipped below $146 on May 8, retracing 9% over a 48-hour period after failing to reclaim the $160 level.

Despite the pullback, Solana investors have staked an additional 3.3 million SOL, worth approximately $490 million, signaling confidence in the cryptocurrency’s future prospects.

If Solana’s price recovers as quickly as it has in recent times, approximately $125 million in short positions could be liquidated.

Solana’s recent price drop may be attributed to FTX announcing that it has adequate funds to repay victims of the exchange’s collapse once it sells off its assets, a large portion of which are in Solana.

Technical indicators suggest that Solana is entering a new bull cycle, with the potential to cross the $200 mark and possibly reach $258 in May if it breaks above the 78.60% Fibonacci level.

In the month of May, Solana’s price action has been characterized by a remarkable surge, fueled by speculative traders pouring over $260 million in fresh capital inflows.

The cryptocurrency opened the month at around $118.74 and rapidly surged 34% by May 6, briefly touching the $159 mark.

While the subsequent rejection at the $160 resistance led to a mild correction, Solana’s bullish investors have not thrown in the towel.

A key indicator of this unwavering confidence is the recent staking activity on the Solana network. According to data from StakingRewards.com, Solana investors have opted to stake an additional 3.3 million SOL, worth approximately $490 million at current prices, during the ongoing pullback.

This move effectively removes these coins from the short-term market supply, potentially easing sell-pressure and allowing investors to earn passive income while they await a parabolic price breakout.

The staking trend is particularly significant when considered alongside Solana’s open interest (OI) data. Over the past 30 days, Solana’s OI has decreased by 40%, down to $1.78 billion on May 9.

While a steep decline in OI typically signals uncertainty among traders, Solana’s recent history of quick recoveries from price dips suggests that short positions totaling $125 million could be at risk if the cryptocurrency were to rebound to its May 7 price of $157.

Technical indicators also paint a bullish picture for Solana. The Bollinger Band indicator suggests that Solana’s price is more likely to break out towards $200 than to lose the $120 support level.

As long as SOL can maintain its position above the 20-day SMA price mark at $144, bulls could regroup for an attempt at the $200 milestone in the coming weeks.

However, Solana’s recent price drop may be partially attributed to the announcement by the now-defunct cryptocurrency exchange FTX, which stated that it has adequate funds to repay victims of the exchange’s collapse once it sells off its assets, a significant portion of which are in Solana.

This news, combined with a general decline in overall cryptocurrency market sentiment, as indicated by the Fear and Greed Index, may have contributed to the short-term pressure on Solana’s price.

Despite these challenges, Solana remains a strong contender in the ongoing competition with Ethereum. Recent findings suggest that the Solana network could be on track to overtake Ethereum in transaction fees, a development that could potentially trigger a price spike.

Looking ahead, technical analysis indicates that Solana is entering a new bull cycle. The MACD and signal lines are turning positive, giving a bullish crossover, while the daily RSI line shows a bullish divergence playing out as the uptrend gains momentum.

If Solana’s price can cross the 78.60% Fibonacci level, the altcoin could reach $258 in May. On the other hand, a reversal from the $165 supply zone or the 61.80% Fibonacci level could lead to a retest of the $150 or $135 support levels.

With increased trading volumes and a healthy recovery in the last 7 days, Solana appears poised to continue its upward trajectory, potentially surpassing the $200 mark and beyond in the coming months.

The post Solana SOL Entering New Bull Cycle: $250+ Target in Sight? appeared first on Blockonomi.

Bitcoin’s price has been consolidating around the $62,000 level, with analysts and traders closely monitoring the cryptocurrency’s movements for signs of a potential breakout.

Despite the recent sideways action, many remain bullish on Bitcoin’s long-term prospects, with some predicting prices as high as $265,000 once the current consolidation period ends.

TLDR

Analysts predict Bitcoin’s price could reach $265,000 once the current consolidation period ends, based on the increasing hash rate to market capitalization ratio.

Some traders believe Bitcoin must close above the 50-day simple moving average (SMA) to maintain its bullish trend, with targets set at $73,500, $76,500, and $85,200.

Standard Chartered’s head of FX and crypto research suggests that a second Trump administration could be positive for Bitcoin, potentially leading to a price between $150,000 and $200,000 by the end of 2025.

Options traders are betting on Bitcoin reaching $80,000 by the end of May and $100,000 by the end of July, according to open interest data from Deribit.

Bullish factors for Bitcoin include the recent halving, the introduction of Runes bringing more functionality, the launch of spot Bitcoin ETFs in Hong Kong, and the potential for a second DeFi summer in late 2024.

One of the key factors driving these optimistic price targets is the increasing hash rate to market capitalization ratio. Ki Young Ju, founder and CEO of CryptoQuant, believes that Bitcoin’s network fundamentals could support a market cap three times its current size, potentially sustaining a price of $265,000. This view is supported by the growing resilience of the Bitcoin network, as evidenced by the rising hash rate.

#Bitcoin network fundamentals could support a market cap three times its current size compared to the last cyclical top, potentially sustaining a price of $265K. pic.twitter.com/GnsrSIrtuY

— Ki Young Ju (@ki_young_ju) May 8, 2024

Technical analysts have also identified bullish patterns on Bitcoin’s price charts, with some pointing to a large cup-and-handle formation on the weekly timeframe.

If confirmed, this pattern could lead to a rally toward $273,693, according to analyst Crypto Ceaser. However, for the bullish trend to remain intact, Bitcoin must hold above the short-term holder price of $59,500 and close decisively above the 50-day simple moving average (SMA).

Short #Bitcoin Analysis

There is an arguable case that #Bitcoin is forming a large cup & handle pattern on the 1W timeframe.

Whilst this target is particularly high it is a legitimate target and technically a diminished return (measured from low to high).

However, markets are… pic.twitter.com/rPWMnxlHfb

— ????Crypto Caesar???? (@crypto_caesar1) May 7, 2024

In addition to technical factors, macroeconomic and political developments could also play a significant role in Bitcoin’s future price action.

Geoff Kendrick, Standard Chartered’s head of FX and crypto research, suggests that a second Trump administration could be broadly positive for Bitcoin, leading to a more supportive regulatory environment and the approval of U.S. spot ETFs.

In a scenario of U.S. fiscal dominance and declining confidence in the U.S. Treasury market, Kendrick believes Bitcoin could provide a good hedge, potentially reaching between $150,000 and $200,000 by the end of 2025.

Options traders are also betting on significant price increases in the near future, with open interest data from Deribit showing a concentration of bets around the $80,000 level for the end of May and $100,000 for the end of July.

These expectations are fueled by a combination of factors, including the recent Bitcoin halving, the introduction of Runes bringing more functionality to the network, and the launch of spot Bitcoin ETFs in Hong Kong.

The potential for a second DeFi summer in late 2024, driven by projects that improve capital efficiency and replace outdated metrics like total value locked (TVL), could provide an additional boost to Bitcoin’s price.

As the crypto ecosystem continues to evolve and mature, the increasing adoption and integration of Bitcoin into traditional financial systems could also contribute to its long-term growth.

Despite the bullish sentiment, some analysts warn of potential short-term volatility and the need for caution.

Former BitMEX CEO Arthur Hayes has advised investors to brace for a possible dip before an uphill climb to higher prices, with the asset potentially hovering between $60,000 and $70,000 before breaking resistance.

While the road to $265,000 and beyond may not be a straight line, the growing consensus among analysts suggests that Bitcoin’s prospects remain bright, with the current consolidation period potentially setting the stage for a significant rally later this year.

The post Bitcoin’s Path to $265k: Technical, Political, and Macroeconomic Factors Align for Epic Rally appeared first on Blockonomi.

The NFT world is buzzing with excitement, but it can be tricky to cut through the noise and truly understand which projects resonate with the market. NFTFN’s presale hitting a remarkable $550K isn’t just hype; it’s a sign that the platform solves real problems for NFT enthusiasts and traders. Let’s decode why investors are flocking to this project.

1. The #1 Pain Point: Illiquidity

One of the biggest headaches for NFT investors has been illiquidity. Unlike cryptocurrencies that can be traded instantly, individual NFTs often take time to sell. This can be particularly frustrating when the market is volatile, and you want to exit a position quickly.

NFTFN’s Solution: Their flagship product, the SuperNova (SNV) index, tracks a curated basket of Blue-Chip NFTs. By investing in this index, you gain exposure to the broader market and a way to buy or sell your position easily. It’s like buying an ETF for NFTs, providing smoother entry and exit options.

2. “I Can’t Afford That”: The High Price Barrier

Blue-Chip NFTs like Bored Ape Yacht Club or CryptoPunks are coveted prizes. However, owning them is out of reach for most investors due to their exorbitant prices. This exclusivity shuts many people out of the most exciting opportunities within the NFT space.

NFTFN’s Solution: SuperNova fractionalizes ownership of these premium NFTs, granting investors access to even the most expensive collections in smaller, manageable portions. It’s like buying shares of Apple or Google instead of trying to own the whole company outright.

3. The Fear Factor: Volatility and Lack of Hedging

NFT markets, especially for individual or smaller projects, can experience wild price swings. Many investors hesitate to jump in fully, fearing the rug being pulled or sudden drops in value with no way to mitigate those risks.

NFTFN’s Solution: NFTFN empowers traders to short the NFT market through their SuperNova index. This ability to bet against the broader market opens up hedging strategies. If you already own NFTs, you can hedge your holdings against downturns, reducing the overall risk.

4. “This Feels Like the Wild West”: Lack of Familiar Tools

Many NFT trading platforms can feel clunky and unfamiliar, especially to those coming from traditional stock or crypto markets. This unfamiliarity creates a barrier, driving away seasoned investors who want efficient execution and advanced tools.

NFTFN’s Solution: NFTFN prioritizes trader experience. They offer an order book exchange, bringing transparency to pricing and ensuring your orders get filled fairly. Additionally, features like leverage and multi-token margin cater to the needs of sophisticated traders who want greater control.

5. The “Early Bird” Factor: The Allure of Presales

Investors understand the potential advantages of getting in early on a promising project. Here’s why NFTFN’s presale has its own appeal:

Best Pricing: Tokens purchased during presales often come at a discounted price compared to their official launch price. This puts investors in a prime position to maximize their returns.

Community Perks: Presales frequently offer exclusive perks to early participants, ranging from airdrops to special access within the platform.

Staking & Rewards: Holding $NFTFN tokens may unlock staking options, allowing you to earn passive income on your investment while the project develops.

The Power of SuperNova: Not Just Hype

The SuperNova (SNV) index at the heart of NFTFN isn’t just another NFT. It’s a financial innovation with unique advantages for investors:

Diversification: Mitigates the risk that comes with investing in any single NFT project. By spreading your investment across established Blue-Chips, you lessen the impact of a single NFT underperforming.

Stability: Top-tier NFTs tend to experience less dramatic price swings than smaller, less-known projects. This can offer a less volatile investment experience within the often turbulent NFT landscape.

Beyond the Hype: NFTFN’s Long-Term Vision

$500K is a milestone, but not the final destination for NFTFN. They’ve outlined a strategic roadmap that suggests broader ambitions:

Enhanced functionality: Cross-margin support and on-chain order matching are designed to unlock more flexibility for experienced traders.

Catering to All: Plans to create multiple indexes with varying risk profiles expand their reach beyond hardcore traders.

Bridging the Gap: Integrating with Real-World Assets (RWAs) could position NFTFN as a bridge between traditional investments and the world of NFTs.

Caveat Emptor: Do Your Own Research!

NFTFN’s presale success demonstrates its appeal to investors. However, this isn’t a guarantee of future success. As with any investment, conduct your own thorough research and only invest what you can afford to lose. Visit Pre-sale Website to learn more.

The post Decoding the Hype: Why NFTFN’s Presale is Breaking Records (Hitting $550K!) appeared first on Blockonomi.

The cryptocurrency market is abuzz with excitement as experts forecast a bullish run for Near Protocol, signaling a promising trajectory for investors. Notably, prominent market whales are strategically adding Algotech (ALGT) and NEAR to their portfolios, anticipating significant gains in the near future.

As Near prices gain an upward incline, the potential implications for investors have become paramount considerations. Let’s consider the forecasted bull run for Near Protocol, analyzing the strategic moves of whales who are incorporating Algotech (ALGT) and NEAR into their portfolios and the implications of these actions on the price trajectory of Near Protocol.

NEAR price prediction for summer 2024

A glance at the chart for Near protocol within the last two weeks reveals a 3% increase. The increase has remained consistent despite the recent market dump, giving investors a sign of a bull run on Near Protocol. Valued now at $7.12, analysts predict a bullish trend and an anticipated increase for summer 2024.

The COO of Near Protocol also announced their plans to integrate artificial intelligence into the Web3 ecosystem to drive mass adoption, among other things. Such an addition is a clear upgrade for NEAR, as they plan to adopt more advanced technologies to ensure the continual growth of their ecosystem. The integration has investors excited, and we could see a massive increase in NEAR prices in the future.

Algotech (ALGT): The future of AI integration?

As Near Protocol plans to incorporate artificial intelligence as a core part of its platform, creating an influx of investors, Algotech is also drawing these investors in with its AI-powered trading solution. Over $4 million has been raised in presale funding for Algotech, with each token valued at $0.08, pointing to increased investor interest in the project.

Algotech is a platform that leverages blockchain technology, cloud-based engineering, machine learning, and artificial intelligence to challenge the systemic limitations of cryptocurrency trading. With the aid of complex algorithmic strategies, Algotech strengthens traders’ and investors’ portfolios, helping with portfolio diversification and risk management securely calculated by algorithms and artificial intelligence. Thus, traders and investors can transact with more security while navigating the market.

Why Algotech and Near protocol?

There are a few reasons that come to mind;

AI adoption: AI came on the scene as a problem-solving tool, and platforms have been weaponizing it as such. With AI adoption, platforms upgrade and as such, the prospects of maximizing their investments becomes more likely for investors.

High investment return: With artificial intelligence, the sky’s the starting point. Algotech’s diverse AI-driven algorithmic strategies have endless applications, and investors can leverage the platform to build their wealth. This premise draws in users who transact more on the platform, driving up its worth, which is only beneficial to investors.

Bullish trend following: According to investors, Near prices have shown signs of a bullish trend. Now is the best time for prospective investors to take advantage of this trend and gain more profit when Near prices soar in the future. With a 300% increase from its last presale funding, Algotech has followed in the footsteps of the Near protocol and could become a platform that dominates the market upon its launch.

Key takeaways

It is no news that artificial intelligence is steadily taking the cryptocurrency market by storm. AI-centric platforms like Algotech and platforms with plans to integrate AI like Near Protocol would have the wind of change blowing in their direction. Investors who jump on the bullish trend at its inception will only have much to gain when their investments ripen.

To learn more about Algotech, visit the Algotech presale website or join the Algotech community.

The post Crypto Experts Forecasts Bull Run for Near Protocol, Whales Add Algotech (ALGT) and NEAR in Portfolio for Next Leg Up appeared first on Blockonomi.

Investors keep eyeing the next big thing in the crypto world. The following article will highlight the top 5 cryptos to buy in May for huge returns. Starting with BlockDAG, as it recently updated its roadmap, indicating that it is achieving its objectives four months ahead of schedule, paving the way to change the cryptocurrency landscape. This is closely followed by Stacks, OKB, Render, and Dogecoin, each contributing uniquely to the evolving market. Dive into the latest cryptocurrency updates.

The Stacks Project: Bridging Bitcoin to DeFi

Stacks aims to bring smart contracts and decentralised apps to Bitcoin, the top global cryptocurrency. By empowering developers to leverage Bitcoin’s robust security and stability, Stacks introduces many opportunities within the blockchain landscape. Stacks leads potential growth with its decentralised computing model, bridging Bitcoin and the growing decentralised finance (DeFi) landscape.

The Value of OKB: Fueling Growth in the OKX Ecosystem

OKB, the native utility token of OKX, is a cornerstone asset within one of the globe’s largest cryptocurrency exchanges. Its multifaceted utility spans the OKX ecosystem, encompassing benefits such as trading fee reductions, involvement in token sales, and beyond. As OKEX embarks on further expansion, the demand and utility of OKB are poised for substantial escalation, presenting an enticing avenue for investment.

Dogecoin: From Joke to Cryptocurrency Contender

Dogecoin, born as a jest, is a significant contender in crypto. Its ascension to prominence throughout 2021 underscored its latent potential, notwithstanding its turbulent journey marked by substantial volatility and speculation propelled by social media and celebrity endorsements. While financial experts maintain scepticism regarding its enduring stability, Dogecoin persists in fostering a committed community.

Render: Empowering Web Application Evolution

Render introduces a decentralised cloud platform, poised to redefine the landscape of web application development and scalability. Its mission is to offer a more streamlined, economical, and scalable alternative to conventional cloud services. 

Positioned strategically, Render is primed to seize the demand for Web3 infrastructure. Emphasising simplicity and enhancing developer experience, Render stands poised for rapid adoption and expansion in the upcoming year, attracting multiple projects migrating towards decentralised solutions.

BlockDAG: Accelerated Growth and Strategic Visibility

Recently entering the presale coin phase, the project has reached its tenth stage, amassing over $23.9 Million and selling more than 8.7 billion coins, experts predict BlockDAG coin to reach $10 by 2025 and a 30,000x ROI potential.

Demonstrating its commitment to progress, the project has updated its roadmap.

However, due to accelerated progress and effective strategic planning, the launch has been rescheduled 4 months earlier than planned. This advancement indicates significant development efficiency and a strong commitment to rapid growth and achievement of its financial goals.

The updated BlockDAG roadmap provides a detailed overview, starting with the initial P2P Engine Development, which lays the foundation for block & DAG algorithm development. This phase focuses on implementing advanced algorithms for efficient data structuring and verification.

The roadmap includes consensus integration, where the POW consensus mechanism is rigorously tested for node validation and security.

This meticulous development process accelerates the timeline, leading to the Mainnet Launch occurring four months earlier than planned. This launch marks the official public release of the blockchain network, transitioning it from testing to live operations.

Summary

In conclusion, making wise decisions is crucial when choosing a top-tier crypto investment. Although all the projects discussed offer promising prospects for expansion, BlockDAG distinguishes itself through remarkable achievements in speed, efficiency, and scalability.

Its exceptional swift transaction processing, ability to handle thousands of transactions per second at minimal fees and near-instant confirmations, highlight BlockDAG’s superiority. Following its updated roadmap, experts project a 30,000x ROI probability, solidifying its position among the top five currencies to buy for huge returns in May.

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 Leads May’s Crypto Picks with 30,000x ROI Potential & Updated Roadmap, Surpassing Stacks, OKB, Render, and Dogecoin appeared first on Blockonomi.

Whale Alert on May 2, 2024, recorded an unusual movement of over 1.75 trillion SHIB tokens worth $39.2 million as Shiba Inu (SHIB) whales could be eyeing a potential switch of its investment boat to an Ethereum token – ETFSwap (ETFS).

The movement of such a large volume of Shiba Inu (SHIB) tokens has sparked mixed reactions in the crypto community as investors speculate that this large movement could be a means to buy big into the most trending token in the Ethereum network.

Before the transfer of 1.75 trillion tokens, these Shiba Inu (SHIB) whales moved over 3 trillion SHIB. On-chain data further showed that these Shiba Inu (SHIB) whales possess over 246 different crypto assets, as Shiba Inu (SHIB) is their highest holding, worth over 5 trillion SHIB.

With such a huge transfer happening now during such market uncertainty and the urge to 10X their returns with newer assets and unique use cases, it is not a surprise for investors to believe Shiba Inu whales could be buying into ETFSwap (ETFS).

Shiba Inu (SHIB) Sees 5% Price Jump

Prior to the movement of over 1.75 trillion SHIB tokens, the price of Shiba Inu (SHIB) has faced much price uncertainty in the past few weeks as many investors are beginning to be doubtful of the price of Shiba Inu (SHIB) performing well as in past market cycles as the price has yet to show much steam.

The early hours of May 4, 2024, saw the price of Shiba Inu (SHIB) jump, producing over 5% gain in the last 24 hours as the price of Shiba Inu (SHIB) moved from a region of $0.00002001 to a high of $0.0000255. However, the price of Shiba Inu (SHIB) still falls short of its yearly high of $0.00004556.

Despite being a favourite meme coin for many investors in the past, there has been high speculation of Shiba Inu whales jumping the boat to better and high-profit investment opportunities like ETFSwap (ETFS), winning the hearts of many crypto OGs.

ETFSwap (ETFS) – The SHIB Killer

In spite of a dreadful close of the monthly chart for many cryptocurrencies in the market, the price of ETFSwap (ETFS) has remained bullish. The project continues to gain popularity among investors and is winning the hearts of many crypto whales looking to 10X their profit potential.

ETFSwap (ETFS) is a decentralized blockchain platform focused on helping users easily trade tokenized exchange-traded funds (ETFs) without the interference of third parties or exorbitant transaction fees associated with traditional financial systems.

While many investors are on the lookout for high-potential crypto assets and projects, ETFSwap (ETFS) has remained a top trending topic in the lips of many whales and investors as ETFSwap (ETFS) meets the intersection of decentralized finance (DeFi) and traditional finance system. This is because exchange-traded funds (ETF) and real-world assets (RWA) are gaining much attention from big players such as BlackRock, Fidelity, and other top companies.

ETFSwap (ETFS) emerges just in time to enable trading of over 2,000 different ETF options for investors seeking to diversify their portfolio and make good investment returns. In a bid to prove that the security and transparency of its users are treated with topmost priority, ETFSwap (ETFS) entered a strategic partnership with Cyberscope, a leading crypto auditing firm, to ensure its smart contracts are free of vulnerability and meet industry standards.

Stage 1 of the ETFSwap (ETFS) presale is currently ongoing, with over 50 million ETFS tokens sold out within weeks, generating over $350,000. Stage 2 of the ETFSwap (ETFS) presale is expected to double the price, and the tokens will be sold at $0.01831.

To leverage this opportunity, whales and investors are growing in numbers, trying to buy off this great token with incredible use cases, as it would be a life-changing opportunity to bag some ETFSwap (ETFS) at its current low price.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The post Shiba Inu Whales Move 1.75 Trillion SHIB Worth $39.2 Million Into This New Ethereum Token appeared first on Blockonomi.

“Bitcoin: Electronic Peer-to-Peer Cash.”

It’s right there in the title of Satoshi Nakamoto’s Bitcoin white paper from 2008.

So, it makes sense a rather vocal contingent of the Bitcoin Community waves the banner that Bitcoin should be cash.

One of the main critiques of bitcoin is that in times of high transaction volume transaction fees go out of control and transactions take longer. There have been hotly contested and divisive debates over how to make Bitcoin the electronic peer-to-peer cash and not the digital gold it has become since it was unleashed onto the world in January 2009.

The Bitcoin Block Size debate raged in 2016 as one group called to actually change the Bitcoin protocol and expand the block size, arguing that Satoshi intended to potentially do so at a later date anyway. The other side of that debate vehemently opposed changing Bitcoin at the protocol level. There has even been an annual conference, Scaling Bitcoin, dedicated to scaling Bitcoin. Eventually, layer twos–of which Lightning Network is the best known–began to appear with the promise of scaling Bitcoin without changing the protocol.

Going to bat for Bitcoin as a digital currency has been a tremendous waste of time. When you explain Bitcoin as a cryptocurrency, all sorts of imagery comes to mind–Silk Road, Russian hackers, money laundering, and so on. When Bitcoin is explained as property–as a digital asset–the resistance dissipates.

A battle for Bitcoin as a currency entails going up against governments with unlimited money and armies. If Bitcoin is understood to be property, and not currency, then it won’t be banned in countries with property rights. Countries turning Communist is but an existential risk we all face, not necessarily tied to Bitcoin.

Regardless, most of the $900 trillion dollars worth of wealth in the world is not held in checking accounts as currency. Most of the money in the world is held in assets, such as property, Picasso paintings, and sports teams. The Middle Class today uses the Vanguard 500 or the S&P index and holds wealth in a diversified portfolio of stocks—that’s been the way for thirty or forty years.

Capital is not sitting in currency. Wealthy individuals do not view the US dollar as a store of value. Clearly, Bitcoin as a store value–that is, as property–is the meaningful use case here.

Bitcoin As Property

Whether or not Bitcoin is a security or commodity is a fundamental question. If Bitcoin is a commodity,  it’s an asset without an issuer. Therefore, no person, company, government or group can exercise undue influence over the protocol’s future. Luckily, this question has already been answered. The Securities and Exchange Commission (SEC) has already declared Bitcoin a commodity.

Bitcoin in fact behaves like property. For example, Bitcoin transactions function in some ways as digital deeds while replicating many aspects of real estate transactions; most importantly, recording and title assurance. In some ways, Bitcoin is even better. For instance, real property deeds are recorded in a centralized public records office. The Bitcoin protocol effectively serves as a decentralized public records office.

Deeds are maintained at the Bitcoin mining layer, which makes a public record of validated transactions. Whereas in deeds, in Bitcoin if one grantor makes more than one transaction and tries to double-spend a single bitcoin, bitcoin miners determine which transaction is valid by making one of them, not the other, public record.

All of the makings of a real estate transaction made possible without the need for a central authority. Miners essentially time-stamp transactions and add them to bitcoin’s transaction history, a decentralized public ledger known as the blockchain. Bitcoin conducts property and maintains property law in a decentralized fashion and outside of existing law.

Institutional Adoption

Institutions have already begun to adopt Bitcoin as a digital asset, not a currency. Their adoption of Bitcoin began in earnest January 2024 with the Bitcoin ETF approvals. It is the beginning of a fervent digital gold rush.

By November 2034, 99% of all bitcoins will have been mined. And then the last one percent comes out over the following 100 years. Presently, 94% of all bitcoins ever have been mined thus far. Miners still sell their bitcoins in order to cover operating costs. Once the last Bitcoin is mined, miners will only receive transaction fees.

A relatively small number of corporations control vast amounts of wealth. They will spend the coming years researching Bitcoin and considering allocating part of their treasury to Bitcoin. They will ultimately have to look at their cash holdings, which are losing value over time, and conclude that they don’t have much choice other than to do what MicroStrategy has done.

Bitcoin Will Soon Be One Of The World’s Most In Demand Assets

Bitcoin is the highest quality capital and will become the most credit worthy asset. It’s a transparent 24/7 365 days per year market with no down time ever. There will only ever be 21 million bitcoins in existence. No other asset has such clarity in future supply. While real estate can be subject to rent control, expropriation, eminent domain, and cumbersome taxes, Bitcoin is not tied to any particular jurisdiction.

Man discovered with Bitcoin a mathematically sound economic protocol. Bitcoin has been copied thousands of times and none of the attempts proven superior and the world’s first digital asset has yet to be hacked despite a lofty bounty.  Bitcoin will outlast Satoshi Nakamoto and us all.

Post by Kadan Stadelmann: CTO of Komodo Platform

Kadan Stadelmann is a blockchain developer, operations security expert and Komodo Platform’s chief technology officer. His experience ranges from working in operations security in the government sector and launching technology startups to application development and cryptography. Kadan started his journey into blockchain technology in 2011 and joined the Komodo team in 2016.

The post Op-Ed: Bitcoin Is The Highest Quality Capital On Planet Earth appeared first on Blockonomi.

Ohio State University’s 2024 Spring Commencement took an unexpected turn when keynote speaker Chris Pan, a 1999 OSU alum and founder of the online jewelry retailer MyIntent, faced a chorus of boos after discussing Bitcoin in his address to over 12,000 graduates and their families.

TLDR

Ohio State University’s 2024 commencement speaker, Chris Pan, faced boos from the audience after discussing Bitcoin in his speech.

Pan, a 1999 OSU alum and founder of MyIntent, admitted to using ayahuasca, a psychedelic, to help write his speech.

The speech included awkward moments, such as leading the audience in sing-alongs and a magic trick involving turning quarters into a Bitcoin.

Despite the audience’s negative reaction, Pan continued to discuss Bitcoin’s decentralized nature and the recent launch of Bitcoin ETFs.

The university did not approve the speech beforehand and declined to comment on the Bitcoin reference.

Pan, who later admitted to using the psychedelic ayahuasca to help write his speech, began the ceremony by leading the audience in a sing-along of “What’s Up?” by 4 Non Blondes and a Navy SEAL breathing exercise.

He then transitioned to the topic of cryptocurrency, stating,

“I know this might feel polarizing, but I encourage you to keep an open mind. Right now, I see Bitcoin as a very misunderstood asset class.”

The audience’s reaction was swift, with boos echoing throughout the stadium. Undeterred, Pan continued to highlight Bitcoin’s decentralized and finite nature, which he believes makes it resistant to government manipulation.

Crowd reactions to pro-bitcoin remarks at OSU's commencement are telling. Bitcoin is a brand. And to this audience, an annoying or possible grifty one.pic.twitter.com/HinpbdMEup

— Andrew M. Bailey (@resistancemoney) May 6, 2024

He also addressed the recent launch of Bitcoin ETFs backed by asset managers Blackrock and Fidelity, claiming that this development has resolved early issues with exchanges being prone to hacks and fraud.

Throughout the speech, Pan engaged in various antics, including a magic trick that involved OSU president Walter E. Carter Jr. blowing on quarters in a black bag, which Pan then turned into a Bitcoin.

He also promised free bracelets to the audience as an apology for discussing the controversial topic.

Christopher Pan mentions #Bitcoin at @OhioState during the Ohio State University 2024 Spring Commencement. You can hear the crowd's reaction. We are so very early.

full speech can be found here https://t.co/R3eRRF2EAU pic.twitter.com/gHDZhrnqvC

— Columbus Bitcoin PhD (@ColumbusBitcoin) May 5, 2024

The university declined to comment on the Bitcoin reference, with a spokesperson emphasizing that they do not approve speakers’ speeches before the ceremony.

In a LinkedIn post cited by the Columbus Dispatch, Pan revealed that he had sought assistance from “AI (Ayahuasca Intelligence)” to write the speech, aiming for something “extra heartfelt” in challenging times.

Pan’s unconventional approach to the commencement address has sparked discussions about the appropriateness of discussing polarizing topics like cryptocurrency at such events.

While some may argue that the speech provided valuable insights into an emerging asset class, others view it as a misguided attempt to promote a personal agenda on a platform meant to celebrate students’ achievements.

The post Bitcoin Cringe: Psychedelic-Fueled Commencement Speech Sparks Controversy at OSU appeared first on Blockonomi.

As Bitcoin continues to navigate the ever-changing landscape of the cryptocurrency market, traders and analysts are closely monitoring key indicators to gauge the potential for future price movements. Recent developments suggest that the world’s largest cryptocurrency may be on the verge of a significant upward trend, despite some mixed signals.

TLDR

Two key Bitcoin trading indicators, the funding rate and three-month annualized basis rate, suggest that the price may be poised for an upward move.

The Bitcoin 200-day moving average has reached an all-time high, indicating a potentially bullish long-term market trend.

Despite optimistic long-term indicators, some metrics, such as dormant Bitcoin circulation and active addresses, have shown a decrease in recent months.

Standard Chartered predicts that a second-term Republican president, like Donald Trump, could be positive for Bitcoin due to looser regulations and the approval of spot ETFs.

Bitcoin’s price action since March has consolidated in a falling wedge pattern, hinting at a potential 20% upward breakout.

Two important Bitcoin trading indicators, the funding rate and the three-month annualized basis rate, have recently “cooled off” after briefly dipping into negative territory. According to Will Clemente, co-founder of Reflexivity Research, this could be a sign that Bitcoin is consolidating before the next leg up.

Did a nice look-through of the market for the first time in a week.

Funding rates & Basis have both cooled off after briefly reaching negative readings while stablecoin supplies are rising again. Looks like we're consolidating before the next leg up. pic.twitter.com/OHLkMrTqUY

— Will (@WClementeIII) May 7, 2024

The funding rate, which is used by exchanges to balance out long and short positions, has recovered from a negative rate of -0.0050% on May 4 to a positive rate of 0.0091% at the time of writing. This shift in sentiment, coupled with a slight increase in Bitcoin’s price, has led some traders to feel extremely bullish about the cryptocurrency’s near-term prospects.

200-Day Moving Average Reaches All-Time High

Another key indicator that has caught the attention of market participants is the Bitcoin 200-day moving average, which has reached an unprecedented high of $50,178.

This milestone, which smooths out day-to-day price volatility, offers a clearer view of the underlying long-term market trend and suggests a potentially bullish outlook for Bitcoin.

Prominent Bitcoin enthusiast Anthony Pompliano emphasized the significance of the 200-day moving average surpassing the $50,000 mark, noting that the long-term thesis for Bitcoin remains as strong as ever, despite the cryptocurrency’s notorious volatility.

Bitcoin's 200 day moving average just hit a new all-time high.

GBTC saw the first day of inflows in 78 days.

Don't get lulled to sleep by bitcoin going sideways. The long-term thesis is as strong as ever.

Here is my segment on @SquawkCNBC this morning. pic.twitter.com/BG6GkzqVIi

— Pomp ???? (@APompliano) May 6, 2024

While the long-term indicators paint a promising picture, some metrics have introduced a note of caution.

Santiment’s data reveals a decrease in dormant Bitcoin circulation and active addresses in recent months, particularly since early March, just before Bitcoin reached new heights.

This decline suggests a potential cooling off among long-term holders and a decrease in overall network activity.

Looking beyond the technical indicators, Standard Chartered analysts have suggested that a second-term Republican president, such as Donald Trump, could be beneficial for Bitcoin. The bank cited the potential for looser regulations and the approval of spot Bitcoin exchange-traded funds (ETFs) under a Republican administration.

Standard Chartered has revised its Bitcoin price target to between $150,000 and $200,000 for the end of 2025, taking into account the increasing likelihood of a Trump victory in the upcoming U.S. presidential elections.

Technical Analysis: Falling Wedge Pattern Hints at Upward Breakout

From a technical perspective, Bitcoin’s price action since March has consolidated in a falling wedge pattern on the one-day time frame. This bullish reversal pattern suggests a potential 20% upward breakout, with a target objective of $76,116.

Traders looking to take long positions in Bitcoin should wait for a stable break above the $68,000 level and a higher low on the Relative Strength Index (RSI) before entering the market. A steady move above $70,000 could trigger a reclamation of the $73,777 peak and pave the way for further upside.

While the bullish sentiment is evident in the Bitcoin market, traders should also be aware of potential downside risks. A break below the lower trendline of the falling wedge pattern and a descent below $56,000 would invalidate the bullish thesis, potentially leading to a deeper correction.

The post Bitcoin’s Bullish Signals: Indicators Point to Potential BTC Price Surge appeared first on Blockonomi.

As Litecoin (LTC) teeters on the brink of profitability and Polkadot (DOT) struggles with price declines below $7 due to slowed project momentum, DTX Exchange is a beacon of stability in the crypto sphere. Investor attention has been focused on DTX’s blockchain since it was recently introduced.

With this action and the announcement of a giveaway, DTX has cemented its dominance in the cryptocurrency space and established itself as a top investment option with over $500k already raised in presales.

Obstacles In Polkadot’s Market Performance

Presently, Polkadot is underperforming, trading slightly above $7.2 as a result of a reduction in ongoing development projects and a failure to rise above the 20-day simple moving average. This suggests that the downturn may continue.

Unlike Ethereum and BNB Chain, which are flourishing because of high developer activity and transaction volumes, Polkadfindsing it difficult to keep up. This week, despite an attempt to rally to $7.47, the lack of sustained buyer interest caused its price to fall below $7, indicating a shaky trading pattern.

Litecoin’s Market Analysis: A Brief Upswing Followed By Uncertainty

On the other hand, Litecoin (LTC) has recently witnessed a 14% increase following a substantial price drop, with its current price near $83. It faces critical resistance at $86, and surpassing this could drive prices up towards $90.

Despite this, the future remains uncertain. Over 12.78 million LTC have been purchased from $81 to $87, suggesting optimism among investors for a price rise. However, failure to overcome the $93 resistance—a critical Fibonacci level—might lead to a price correction, potentially dropping as low as $71.

DTX Exchange Captivates Investors With 100X ROI Potential

DTX Exchange (DTX) is a trading exchange that enables users to trade cryptocurrencies, forex, equities, and contract-for-differences (CFDs). The platform boasts state-of-the-art infrastructure and innovative trading features, offering users unparalleled opportunities. Notably, DTX will be the first large-scale exchange to provide users with 1000X leverage, all while eliminating the need for KYC (Know Your Customer) requirements.

With minimal trading costs, traders can maximize their investments thanks to the platform’s community-centric strategy. In addition to having access to prospective airdrops, community members are entitled to governance and voting rights. DTX’s recent presale success has gained tremendous relevance due to its over $500,000 raise as it enters stage 2.

The disruptive force of DTX Exchange has successfully gathered over 3,000 holders within days of DTX presale, making it a compulsory tool for massive growth. The ongoing presale presents marks a prime time for investors to join DTX Exchange as the platform will announce a million-dollar giveaway shortly.

DTX is poised to capitalize on the market opportunity, especially given its presale price of $0.04. It will soon sell at the $0.06 level in the next stage of DTX presale.  DTX announces a new blockchain, captivating investors by providing a gateway to exponential gains.

Key Takeaways

The storm of unprecedented DTX growth has created a market frenzy. Analysts opine that DTX has secured investors from various networks such as Polkadot (DOT) and Litecoin (LTC).

Learn more:

Visit DTX Presale

Read Whitepaper

Join The DTX Community

The post DTX Exchange Approaches Historic $500K Mark in Record Time, Becoming Top Choice for Polkadot (DOT) & Litecoin (LTC) Community appeared first on Blockonomi.

Ethena, a decentralized finance (DeFi) protocol built on the Ethereum network, has been making waves in the crypto space with its synthetic U.S. dollar offering, USDe.

The protocol’s governance token, ENA, recently surged 8% following the news that crypto exchange Bybit had integrated USDe for various trading activities, expanding the token’s utility and potentially bridging the gap between centralized finance (CeFi) and DeFi.

TLDR

Ethena’s governance token ENA surged 8% as Bybit integrated the protocol’s USDe “synthetic dollar” for various trading activities.

Bybit added USDe as a collateral asset for perpetual futures trading and listed BTC and ETH spot trading pairs against the token.

The integration with Bybit makes Ethena a bridge between centralized finance (CeFi) and decentralized finance (DeFi), potentially reducing risk for perpetual traders.

Ethena has attracted over $2 billion in deposits with its yield-generating investment offering, but has also drawn scrutiny regarding its risks.

A crypto researcher predicts a potential 100x rise for select altcoins, including Ethena, during an anticipated altcoin season.

Bybit’s move to integrate USDe has significant implications for both the exchange and Ethena. By adding USDe as a collateral asset for perpetual futures trading with leverage and listing spot BTC and ETH trading pairs against the token, Bybit has effectively increased the utility and liquidity of Ethena’s synthetic dollar.

Joshua Lim, co-founder of derivatives dealer company Arbelos, noted that this integration makes Ethena “even more of a bridge between CeFi and DeFi.” Lim also pointed out that accepting USDe as collateral could help reduce risk for perpetual traders, as the token carries an embedded short position.

Ethena’s Rapid Growth and Scrutiny

Ethena has experienced explosive growth since its launch, becoming one of the fastest-growing DeFi protocols. Its tokenized yield-generating investment offering has attracted over $2 billion in deposits, showcasing the high demand for alternative yield-bearing instruments in the crypto space.

However, the protocol’s rapid ascent has also drawn scrutiny from market observers, who are still wary of the risks associated with such high-yield offerings in the wake of the crypto bear market.

USDe, often referred to as a “synthetic dollar” rather than a stablecoin, is a structured finance product that uses a combination of staked ETH and short ETH perpetual futures positions to maintain its peg to the U.S. dollar.

Altcoin Season and Ethena’s Potential

As the crypto market continues to recover, some researchers are predicting the beginning of an altcoin season, during which select altcoins could experience significant growth. Alex Wacy, a renowned crypto researcher, estimates that approximately 15% of altcoins could yield returns ranging from 10x to 100x during this anticipated altcoin season.

Altseason seems to be starting!

Only ~15% of altcoins will bring 10-100x in this hyper growth.

Asset selection matters more than ever. One slip-up, and you're out.

– How to position yourself
– Profit-taking timing
– 6 Altcoins that look ready to go
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— AlΞx Wacy ???? (@wacy_time1) May 5, 2024

Wacy highlighted Ethena as a potential beneficiary of this trend, citing its synthetic dollar protocol as a crypto-native alternative to conventional banking. He also noted that the next unlocking event for ENA is scheduled for April 2025, and emphasized a familiar pattern on the weekly chart that typically precedes significant growth.

Ecosystem Expansion and Collaborations

Ethena Labs, the developer behind the synthetic dollar protocol, has been actively expanding its ecosystem through collaborations with other DeFi projects.

The recent approval of a USDeFRAX liquidity pool in partnership with Frax Finance aims to diversify the yield of the FRAX stablecoin, further enhancing the ecosystem surrounding Ethena.

The approval of the Singularity Roadmap proposal has paved the way for the creation of a USDeFRAX pool on the decentralized finance (DeFi) stablecoin exchange Curve, with a $250 million ceiling.

These developments demonstrate Ethena’s commitment to expanding its reach and solidifying its position within the DeFi landscape.

The post Ethena’s USDe Gains Traction with Bybit Integration, ENA Token Surges appeared first on Blockonomi.

As the 2024 U.S. presidential election draws closer, the cryptocurrency community is closely watching the potential impact of the race’s outcome on the digital asset market.

Recent analysis by British banking giant Standard Chartered suggests that a victory for former President Donald Trump could prove beneficial for Bitcoin and the broader crypto landscape.

TLDR

Standard Chartered analysts suggest that a Donald Trump victory in the 2024 U.S. presidential election could benefit Bitcoin.

A second Trump administration is expected to be more supportive of cryptocurrencies through looser regulations and the approval of spot ETFs.

Investors may seek alternative assets like Bitcoin due to the risk of U.S. fiscal dominance and the monetization of government debt.

Some crypto experts predict a “landslide” victory for Trump, citing perceived policy failures by the current administration.

While Bitcoin is considered apolitical, election outcomes can still influence market conditions and regulatory changes in the crypto landscape.

During his previous term, Trump was known for his critical stance on cryptocurrencies, famously dismissing Bitcoin as a “scam” in 2021. However, in recent months, the former president has softened his tone, expressing interest in the asset class and even issuing his own non-fungible tokens (NFTs).

This apparent shift in Trump’s perspective has caught the attention of crypto analysts, who believe that a second Trump administration could usher in a more supportive regulatory environment for digital assets.

Looser Regulations and Spot ETF Approval

Standard Chartered’s digital assets researcher, Geoffrey Kendrick, notes that a Trump victory could lead to looser regulations and the approval of long-awaited spot Bitcoin exchange-traded funds (ETFs) in the U.S. This development would likely boost investor confidence and drive significant capital inflows into the crypto market.

In contrast, the Biden administration has taken a relatively tough stance on digital assets, with regulatory uncertainty and delays in ETF approvals weighing on the market.

Beyond the potential for a more crypto-friendly regulatory landscape, Standard Chartered also suggests that a Trump presidency could accelerate the trend of de-dollarization and declining confidence in the U.S. Treasury market.

In such a scenario, investors may increasingly turn to alternative assets like Bitcoin as a hedge against U.S. fiscal dominance and the monetization of government debt.

Kendrick points out that the Bitcoin price has a positive correlation with several potential developments in the U.S. Treasury curve, further supporting the notion that the cryptocurrency could benefit from a Trump victory.

Crypto Community’s Election Predictions

Within the crypto community, some experts are predicting a “landslide” victory for Trump, citing perceived policy failures by the current administration.

Alex Chizhik, COO of the Chamber of Digital Commerce, attributes this sentiment to issues such as immigration, open borders, high inflation, and a general feeling of unsafety in cities post-COVID.

While Bitcoin is often considered apolitical, with its monetary policy encoded in its software, the election outcome can still influence market conditions and regulatory changes in areas like stablecoins and decentralized finance (DeFi).

The post U.S. Election 2024: Trump Victory Could Boost Bitcoin and Crypto Market appeared first on Blockonomi.