BlockBeats news, on November 15, according to on-chain analyst Ember Monitoring, Polygon’s Ecosystem Growth address distributed and transferred 128.9 million POL (formerly MATIC) to 45 addresses in the past 4 hours, worth 4757 million dollars.

Institutional addresses such as CoinFund, Alameda Research, Galaxy Digital, and Animoca Brands receive POL.

Source link

<p>The post Polygon ecosystem growth address distributed and transferred 128.9 million POL to 45 addresses in the past 4 hours first appeared on CoinBuzzFeed.</p>

As the world of cryptocurrencies evolves, each coin brings unique functionalities and diverse use cases to the digital landscape. In this listicle, we’ll dive into some top-performing coins and introduce an exciting newcomer: Qubetics. Currently, in its presale phase, Qubetics is a promising investment opportunity with innovative potential.

This streamlined version maintains an engaging tone while emphasising Qubetics’ unique appeal. Let me know if you’d like further adjustments!

1. Qubetics: A Revolutionary Ecosystem with the Qubetics Wallet

Crypto wallets are essential tools for managing digital assets, and the Qubetics Wallet is set to redefine this experience. Built as part of the Qubetics Network, this wallet will offer a seamless, secure, and user-friendly interface on iOS, Android, and desktop platforms.

Qubetics in Presale: An Opportunity for Early Investors

Qubetics is currently in Presale Phase 8, with the price of 1 $TICS token at $0.0212. The token price is set to increase by 10% weekly, making this phase highly attractive for early investors. So far, over $2 million has been raised, with more than 2,000 holders and 169 million $TICS tokens sold. After the presale, the token’s value is projected to reach $0.25, a potential ROI of 1079.25% for early investors.

If a $100 investment is made now, it would secure 4,716.98 $TICS tokens. With a potential rise to $10 per token, this investment could yield approximately $47,000. If the token reaches $15, the $100 investment could soar to $70,000, reflecting an impressive ROI of approximately 70,654%.

2. Chainlink: Decentralized Oracle Network

Chainlink is the go-to Oracle solution for connecting smart contracts with real-world data. This allows for more reliable, automated operations on the blockchain, making it a vital tool for DeFi projects. Chainlink’s native token, LINK, pays for services within its network, creating an ecosystem with robust demand for secure, off-chain data integration.

3. Polygon: Scaling Ethereum’s Capabilities

Polygon, formerly known as MATIC, is a layer-2 scaling solution that aims to enhance Ethereum’s scalability. By providing faster and cheaper transactions, Polygon enables users and developers to interact with Ethereum-based decentralised applications (dApps) without the high fees often associated with the main Ethereum network. This solution has made Polygon a popular choice for developers and users, contributing to its ongoing success.

4. Polkadot: Interoperable Blockchain Network

Polkadot is a unique project that seeks to enable seamless communication between different blockchains, creating an interoperable ecosystem. Through its “para chains”—individual blockchains that can operate in parallel within its ecosystem—Polkadot aims to solve the issue of scalability while maintaining security and efficiency. DOT, its native token, is used for network governance, staking, and bonding.

5. Tron: Enabling a Decentralized Web

Tron is dedicated to building a decentralised internet infrastructure where users can share content directly without intermediaries. Known for its fast and cost-effective transactions, Tron has gained traction within the entertainment and content-sharing industries. Its native cryptocurrency, TRX, facilitates these transactions, allowing creators to monetise their content directly.

6. Toncoin: Fast, Efficient, and Scalable Network

Developed with the vision of delivering a highly scalable blockchain, Toncoin aims to provide fast and secure services with minimal fees. Initially developed by Telegram, TON has evolved into a decentralised ecosystem, promoting its unique approach to speed and scalability. Toncoin’s focus on a user-friendly experience aligns well with its goal of mainstream adoption.

7. VeChain: Supply Chain Management and Beyond

VeChain is a blockchain platform designed to enhance supply chain management and business processes. It enables companies to track their products through the entire lifecycle, ensuring transparency and reducing fraud. VeChain’s native token, VET, plays a central role in the network’s economy, powering smart contracts and facilitating the flow of information on the blockchain.

8. AAVE: Leading the Way in Decentralized Finance (DeFi)

AAVE is a DeFi platform that allows users to borrow and lend cryptocurrencies without intermediaries. Through smart contracts, AAVE provides an efficient, secure platform for managing assets and earning interest. The AAVE token serves as the governance token of the protocol, allowing holders to vote on key decisions and proposals, driving its popularity within the DeFi community.

Conclusion: Diverse Opportunities in the Cryptocurrency Market

From the interoperability of Polkadot to the transformative Qubetics Wallet, each of these cryptocurrencies presents a unique value proposition in the blockchain ecosystem. With its ambitious roadmap, the Qubetics Network and its native $TICS token offer exciting prospects for both new and experienced investors. As always, careful research and a thorough understanding of each project are essential for anyone looking to invest in this dynamic and rapidly evolving space.

For More Information:

Qubetics: https://qubetics.com  

Telegram: https://t.me/qubetics 

Twitter: https://x.com/qubetics 

The post Top 8 Cryptocurrencies to Watch: Chainlink, Polygon, Polkadot, Tron, Toncoin, VeChain, AAVE, and Qubetics appeared first on TheCoinrise.com.

A recent news article from BlockBeats reported that on November 17, an address linked to the Polygon team sent and transferred 50 million POL tokens (worth $2

1.45 million) to 6 addresses about 32 hours ago. In the past 2 hours, all 50 million POL tokens have been deposited into the Binance cryptocurrency exchange.

Source

<p>The post Polygon Team Transfers 50 Million POL to Binance in 2 Hours first appeared on CoinBuzzFeed.</p>

By the end of 2024, the Bitcoin market will be full of chances for astute investors. Several altcoins stand out for their strong foundations, original use cases, and growth prospects given the next bull run expected in 2025. Here are six interesting cryptocurrencies to purchase this November and hang onto till early 2025 if you want to set yourself up for significant increases in the next months.

Rexas Finance (RXS) Tokenizing Real-World Assets for the Blockchain Era

Rexas Finance is introducing real-world assets (RWA) to the blockchain, hence driving a fresh wave of asset tokenizing. Rexas financing enables investors with fractional ownership of physical assets including real estate, commodities, and collectibles by using Ethereum-based blockchain technology, artificial intelligence, and decentralized financing (DeFi). For a usually complicated investment environment, this democratization of asset ownership offers liquidity and accessibility. Tokenization Provides customers with simple means to tokenize actual assets, therefore generating fresh chances for diversification of their investments. Completely linked with Telegram and Discord, QuickMint Bot facilitates token production and management, therefore serving even non-technical users. Recently listed on sites including CoinGecko and CoinMarketCap (CMC), RXS is becoming more and more visible and drawing fresh money. Also, Twenty fortunate winners of Rexas Finance’s enormous $1 million RXS giveaway will each get $50,000 in RXS tokens for performing some tasks. This effort is raising awareness and encouraging great community involvement. Rexas Finance is positioned as a long-term investment with great development potential since intentions to list on three tier-one exchanges point to asset tokenization picking speed, holding RXS till 2025 could be rather profitable.

Filecoin (FIL) Web3 Era Decentralised Storage

Rising as a top distributed storage option for the Web3 environment’s growing demand for safe data storage is Filecoin. Its distributed network offers a substitute for conventional centralized storage options since it lets consumers safely save and access data. Recent improvements have included more DeFi apps and increased storage capacity, therefore drawing more projects into its ecosystem. Particularly as demand for private and safe data storage rises, Filecoin is absolutely essential in the Web3 ecosystem. For those hoping for the future of Web3, Filecoin’s value proposition will get stronger as more projects link with it, hence it is a good investment.

Polygon (POL) giving Ethereum scalability

Faster, more reasonably priced transactions from Polygon help Ethereum with its scaling issues. Among developers trying to escape Ethereum’s high gas costs, its Layer 2 scaling method is a favorite. Polygon’s ecosystem is fast growing as partnerships and integrations rise. The second season of Polygon is supporting creative ideas and drawing gifted developers to its platform. POL continues to be a prominent choice for people seeking exposure to Ethereum-compatible projects as significant businesses adopt and the ecosystem grows constantly.

Polygon is positioned to profit on the next bull run for investors wishing to own a cryptocurrency with strong technology and a growing community.

Litecoin (LTC): Trusted, Quick, Dependable

Considered as “Bitcoin’s little brother,” litecoin is a traditional cryptocurrency. It is a simple choice for payments and transfers since it emphasizes speed, minimal transaction costs, and dependability. The strong network and devoted community of Litecoin have kept it relevant even in an often-changing crypto scene. For those looking for a strong, payment-oriented asset, Litecoin’s dependability and stability make it a great hold even if it might not provide the exponential increases of more recent coins. LTC is a safe complement to any portfolio since digital cash has staying power and functionality.

Polkadot (DOT): Blockchain Interoperability Looking Ahead

Polkadot solves the important interoperability issue by letting several blockchains easily exchange data. Its parachain concept connects and runs within a single network using specialized, scalable blockchains. Projects ranging from distributed finance (DeFi) to gaming have drawn in this capability. Interoperability will be crucial as the terrain of the blockchain expands, and Polkadot’s original architecture sets it ahead in this area. Holding DOT now could pay off as additional initiatives use its technologies for inter-blockchain communication.

Chainlink (LINK): The Oracle Smart Contract Network

Linking smart contracts with actual data enables Chainlink to be indispensable in the DeFi network. Establishing relationships with top DeFi platforms and blockchain initiatives, this distributed Oracle network emphasizes its value. As demand for safe data integration increases, Chainlink’s value will probably also increase in line. Chainlink’s integrations with significant DeFi initiatives raise its demand and value.

As DeFi and other distributed apps expand, proper data integration depends on Chainlink’s oracles, which are critical infrastructures for smart contracts.

Those who think smart contracts and distributed finance will shape the future should think about including LINK as a pillar of their portfolio.

Conclusion

Each of the six cryptocurrencies under discussion—Rexas Finance, Filecoin, Polygon, Litecoin, Polkadot, and Chainlink—offers special value propositions and room for development. Although market cycles can be erratic, these coins are supported by solid foundations, community involvement, and even revolutionary technology. Keeping them from November through early next year can help you maximize gains as the next bull market starts. Before jumping in, always do extensive research and think about your investment strategy; these selections offer some of the best chances in the current market to ride the approaching wave.

For more information about Rexas Finance (RXS) visit the links below:Website: https://rexas.comWin $1 Million Giveaway: https://bit.ly/Rexas1MWhitepaper: https://rexas.com/rexas-whitepaper.pdfTwitter/X: https://x.com/rexasfinanceTelegram: https://t.me/rexasfinance

The post 6 Cryptocurrencies to Buy This November and Hold Until Early Next Year for Maximum Profits appeared first on CoinChapter.

The trading platform known as Robinhood drew heavy criticism by reintroducing Solana (SOL) trading at $216, barely a year after forcing its users to sell their tokens for just $16.

The decision drew sharp criticism on social media, especially from affected users who suffered significant losses.

SOL’s foreclosure and community reaction

On June 7, 2023, Robinhood announced that three popular cryptocurrencies – Solana (SOL), Cardano (ADA) and Polygon (MATIC) – removed from its offer. Users were allowed to buy, sell, hold and transfer said devices until June 27. Coins that remained in Robinhood accounts after the deadline were automatically sold at the market price.

The affected SOL was just around $16 at the time of the announcement, ADA was at $0.28, while MATIC was also trading at a low price. Since then, all three tokens have gained significantly. The price of SOL has now risen above $216, a gain of 1250%, while the price of ADA has more than doubled.

Robinhood justified its move at the time by saying that it was reviewing its cryptocurrency offerings and that the security rating of the assets involved was questionable. The American Securities and Exchange Commission (SEC) has given these tokens the Binance and in a lawsuit against Coinbase “as an unregistered security” referred to.

Community criticism

After the news of the new listing, several users immediately criticized Robinhood. Several people on the X platform (formerly Twitter) recalled forced sales and raised questions about the reliability of the platform.

Your team forced Robinhood users to sell SOL at ~$16 during the bear market now it is $216 causing them massive losses.

What changes will Robinhood be making to regain trust so users are not forced to exit positions again in the future?

— ZachXBT (@zachxbt) November 13, 2024

“I will never forgive Robinhood for deleting Solana at $16” – he wrote a user. A well-known figure in the crypto community, ZachXBT, asked: “What changes does Robinhood plan to make so that users are not forced into situations like this in the future?”

Why is SOL coming back to Robinhood?

Robinhood has re-enabled trading of Solana (SOL), ADA and additional tokens such as PEPE and XRP. The reason for this decision is probably the continuous growth of the crypto market and the increasing demand for tokens. The aim of the new listings is certainly to expand the user base and strengthen the platform’s market competitiveness.

In addition, however, the platform still faces serious challenges in restoring user trust. Despite the new listings, Robinhood needs to develop a clear and predictable regulatory strategy to avoid the backlash caused by previous enforcement actions.

https://www.youtube.com/watch?v=videoseries

SOURCE

<p>The post It had to be sold at $16, now Solana is available again at $216 first appeared on CoinBuzzFeed.</p>

On November 17, a wallet linked to the Polygon team sent 50 million POL tokens (worth $21.45 million) to 6 differen

t addresses. In the last 2 hours, all 50 million POL tokens have been moved to Binance, a cryptocurrency exchange.

Source

<p>The post BlockBeats News: Polygon Team Sends 50 Million POL to Binance first appeared on CoinBuzzFeed.</p>

The blockchain world keeps evolving, with new technologies and trends changing the game. Every day, innovative projects emerge, promising to reshape the way we interact with decentralised networks. But not all are created equal—some are set to explode, while others merely ride the hype.

Recent news has been buzzing about developments in the crypto world. While many coins are fighting for relevance, some are holding steady with significant updates. But let’s cut to the chase—one name that’s capturing serious attention is Qubetics ($TICS). The presale is creating waves, offering early investors a chance at unprecedented returns. This article dives deep into Qubetics’ rise, along with insights into two other noteworthy cryptos: Polygon and Immutable X.

Qubetics: Redefining Blockchain with Web3 Aggregation

Let’s face it—the current blockchain ecosystem is a maze. Most networks operate like isolated islands, making it frustrating for developers and users to transfer assets or share data across chains. It’s a problem that’s been begging for a solution.

Enter Qubetics, a Web3-aggregated chain designed to unify blockchain networks into a seamless, interoperable framework. Imagine a world where cross-chain transactions, asset transfers, and data sharing happen effortlessly—Qubetics is making that vision a reality. With its cutting-edge technology, Qubetics empowers developers, enterprises, and even casual users to unlock the full potential of decentralised applications. By breaking down barriers, this platform is poised to drive mass adoption of blockchain technology like never before.

And here’s the kicker: Qubetics isn’t just solving a problem—it’s creating a new standard for how blockchain networks work together. This isn’t a crypto you want to miss.

Don’t Miss Out: Qubetics Presale Is Heating Up as the Best Crypto to Buy Under $1

If you’re searching for the best crypto to buy under $1, Qubetics is your golden ticket. Currently in Presale Phase 8, this is where things start to get exciting. Each $TICS token is priced at just $0.0212, but here’s the catch—prices increase by 10% every week until the final phase, where they’ll jump by 20%. This presale has already raised over $2 million, with more than 2000 holders and 170 million tokens sold.

Let’s talk numbers. At the current price, a $100 investment gets you about 4,716.98 $TICS tokens. Once the presale ends and the price hits $0.25, your investment could skyrocket with an ROI of 1079.25%. And that’s just the start. If the token reaches $10, your $100 could turn into $47,000. Take it to $15, and you’re looking at a jaw-dropping $70,654 ROI.

So, why wait? This is the phase where early birds lock in maximum profits. If you’ve been searching for the best crypto to buy under $1, this is your moment.

Polygon: Steady Growth Amid a Changing Market

Polygon, the Layer 2 solution for Ethereum, continues to make waves as one of the most popular platforms for decentralized applications. With its scalable, low-cost infrastructure, Polygon has become a go-to choice for developers aiming to avoid Ethereum’s high fees. Its ability to host everything from DeFi platforms to NFTs ensures its relevance in the ever-evolving blockchain space.

But here’s the thing—Polygon isn’t just a support system for Ethereum. It’s carving out its own identity with partnerships, ecosystem growth, and a vision for expanding beyond the Ethereum network. If you’re into decentralised tech, keeping an eye on Polygon is always a smart move.

Immutable X: Latest News Unveiled

Immutable X is trading at $1.24, after a slight dip of -3.52% in the last 24 hours. Despite the bearish sentiment, analysts predict a 30.55% increase in the next five days, with the price expected to climb to $1.61. The Fear & Greed Index is sitting at an “Extreme Greed” level of 84, which often signals bullish movement ahead.

Key support levels stand at $1.24, $1.13, and $1.01, while resistance points are set at $1.48, $1.61, and $1.72. If this momentum holds, Immutable X could offer short-term gains for traders looking to capitalize on the market’s volatility. However, caution is key when sentiment runs high—always stay sharp in a fast-moving market like this one.

Final Thoughts: Qubetics Leads the Pack in Crypto Innovation

As the crypto market heats up, each of these projects—Polygon, Immutable X, and Qubetics—brings something unique to the table. Polygon offers stability and scalability, while Immutable X shows promise with its potential short-term gains. But if you’re looking for the best crypto to buy under $1, Qubetics ($TICS) is the clear frontrunner.

With its groundbreaking approach to blockchain interoperability and an exciting presale with jaw-dropping ROI potential, Qubetics is stealing the spotlight. Don’t let this chance pass you by—this presale is your ticket to life-changing returns. Get in now, before the next phase drives prices higher and leaves you wondering, “What if?”

For More Information:

Qubetics: https://qubetics.com

Telegram: https://t.me/qubetics

Twitter: https://x.com/qubetics

The cryptocurrency market has seen a mix of sentiment lately, with many altcoins experiencing double-digit drops amidst broader market fluctuations.…

For the full story, head over to TheCurrencyAnalytics.com.

Polygon (POL) has seen significant volatility, driven by intensifying sell-offs from large holders, commonly known as “whales.” After a promising…

For the full story, head over to TheCurrencyAnalytics.com.

BlackRock expands its crypto fund BUIDL to five blockchains, adding Aptos, Arbitrum, Avalanche, Optimism, and Polygon for wider accessibility.

BUIDL's multi-chain integration enables DAOs and digital firms to leverage on-chain yield, peer-to-peer transfers, and on-chain dividend features.

With BNY Mellon as custodian, BUIDL connects traditional finance with crypto, using tailored management fees and quarterly payments for sustainability.

BlackRock has taken another step into the cryptocurrency sector, expanding its BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to five additional blockchains. Following its initial launch on Ethereum earlier this year, the firm now includes Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon in its offerings. 

https://twitter.com/tier10k/status/1856698870425878569

Notably, this move underscores BlackRock’s commitment to widening access for investors and blockchain-based organizations, solidifying its presence in the tokenization market. Through this multi-blockchain integration, BlackRock aims to offer more decentralized financial tools while also providing varied access points for investors interested in crypto.

Increased Accessibility and Operational Efficiency

Consequently, this expansion will grant broader access to BUIDL’s offerings, with new features that include on-chain yield, round-the-clock peer-to-peer transfers, and dividend accrual. Aptos, Arbitrum, Avalanche, Optimism, and Polygon bring unique advantages to the fund, including faster transactions and lower fees. Each chain’s distinct attributes enhance BUIDL’s performance and align with the fund’s objectives.

More so, Aptos offers advanced safety and performance using the Move programming language, while Arbitrum’s Optimistic Rollup technology on Ethereum provides swift, cost-effective transactions. With this multi-chain expansion, BlackRock aligns the fund with specific blockchain benefits, which could improve user experience across decentralized financial systems.

Enhancing Flexibility for DAOs and Blockchain-Native Firms

By operating on multiple blockchains, BlackRock’s BUIDL fund appeals to decentralized autonomous organizations (DAOs) and digital asset firms requiring adaptable financial products. The fund’s features support operational flexibility, which is essential for DAOs and similar organizations. 

Moreover, the multi-chain integration supports developers in creating new blockchain-based financial products that connect traditional finance with emerging digital ecosystems. This could encourage further adoption of tokenized funds among institutions and individuals who seek reliable, on-chain investment solutions. 

Strategic Custody and Administrative Partnerships

Besides, BNY Mellon plays a vital role in BUIDL’s multi-chain integration, acting as the fund administrator and custodian. The involvement of a traditional financial giant provides a trusted link between conventional finance and digital assets, reinforcing BUIDL’s security and operational standards. Each blockchain also has its specific management fee structure, with Aptos and Avalanche at 20 basis points and Ethereum, Arbitrum, and Optimism at 50 basis points. 

Additionally, organizations such as the Aptos Foundation and Polygon Labs make quarterly payments to BlackRock based on the share values. This setup supports the fund’s financial sustainability while also diversifying its income streams.

The post BlackRock’s BUIDL Fund Expands to Five Additional Blockchains appeared first on Crypto News Land.

The post Altcoin Correction: Why FET, BTT, and MATIC Are Worth Buying! appeared first on Coinpedia Fintech News

Story Highlights

The FET price hints at a 60% jump with a bullish reversal.

BitTorrent’s price adds 28%, and it is expected to hit $0.000001740.

The Polygon price holds its value above $0.39 despite correction.

Despite increased bullish sentiment in the crypto market, altcoins have experienced a mixed sentiment with many crypto tokens recording a double-digit drop.

Planning on investing in these altcoins amid an ongoing correction in their respective valuations? In this article, we have covered the top 3 altcoins that have the possibility of recording a strong bullish recovery during the upcoming time.

Artificial Superintelligence Alliance (FET)

The Artificial Superintelligence Alliance price has dropped 7.41% in the past day with a trading volume of $768.32 million. Moreover, it has plunged 7.02% over the past week and 14.23% during the past 30 days.

TradingView: FET/USDT

The EMA 50/200-day is on the verge of experiencing a Golden Cross in the 1D time frame. This highlights increased buying sentiment for the AI token in the market. However, the RSI indicator sharply drops, indicating a mixed price sentiment.

A bullish reversal could push the FET price toward its upper resistance level of $2.230. On the other hand, if the bears dominate the market, this could result in it retesting its support level of $1.050.

Also, read FET Price Prediction 2024 – 2030!

BitTorrent (BTT)

Despite recording a drop of ~1%, the BitTorrent price has surged 26.03% over the past week and 15.32% during the past 30 days. With a market cap of $1.042 billion, it has secured the 77th position.

TradingView: BTT/USDT

The Moving Average Convergence Divergence (MACD) in the daily chart displays a sharp rise in the green histogram. Further, its SMA indicator supports the BTT price chart.

If the bullish sentiment sustains, the BitTorrent price may reach its upper resistance level of $0.00000148. Conversely, a bearish action could result in it plunging toward its low of $0.0000006450.

Polygon (MATIC)

The Polygon price has soared 21.46% over the past week and 5.34% during the past 30 days. With a trading price of $0.3904, this altcoin has successfully reclaimed the $3 billion mark.

TradingView: MATIC/USDT

The RSI indicator has failed to breach its overbought range in the 1D time frame. Moreover, the SMA indicator constantly supports the price chart, suggesting an increase in price volatility.

If the market favors the bulls, the MATIC price will retest its resistance level of $0.4850. On the contrary, if the bears gain momentum, the POL price may plunge toward its crucial support level of $0.290.

Also, read Polygon Price Prediction 2024 – 2030!

FAQs

Will the FET price hit $2 this November?

With a bullish reversal, the FET price may achieve the $2 mark this month.

How high can BTT’s price go?

The BitTorrent price may hit $0.000025 in 2025.

Will Polygon price hit $1 in 2024

For POL price to hit $1, it has to record a jump of 154.51%.

SPONSORED POST*

Imagine turning a modest sum into a life-changing fortune. In the dynamic world of cryptocurrencies, a few select altcoins are showing signs of explosive growth. This article uncovers these promising digital assets poised to surge, offering a rare chance for investors to capitalize before they potentially skyrocket.

CYBRO Presale Soars Past $4 Million: A One-in-a-Million NeoBank Investment Opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $4 million. This cutting-edge NeoBank offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.04 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

In addition to tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app.

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

With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

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

Polygon Ecosystem Token: Understanding Its Role and Potential in the Network

The Polygon Ecosystem Token is a utility token that powers the Polygon network. It is vital for operations and services across the system. Holders can stake their tokens to support the network and earn rewards. They also have the right to vote on proposals that shape the network’s development. The token unlocks exclusive services within the ecosystem. As the network expands, the demand for the token may increase. Its various uses make it integral to the growth of the Polygon ecosystem. The token offers benefits to holders through staking, governance participation, and access to special features.

Aptos: A New Scalable Blockchain Aiming to Solve Network Congestion

Aptos is a recently launched layer-one blockchain designed to be scalable, safe, and upgradable. It seeks to address the high transaction fees and network congestion seen in existing blockchains like Ethereum before its Proof-of-Stake transition. Developed by Aptos Labs, founded by core contributors from Diem (a Meta initiative), it uses a Proof-of-Stake consensus mechanism. Aptos focuses on scalability and employs the Move programming language for its smart contracts, emphasizing safety and flexibility. It supports a wide range of Web3 applications, positioning itself as a potential solution to current blockchain limitations.

Polkadot (DOT): Connecting Blockchains for Enhanced Scalability

Polkadot is a decentralized protocol and cryptocurrency designed to connect multiple blockchains. It enables different networks like Ethereum and Bitcoin to exchange value and data without the need for intermediaries. This cross-chain communication is possible through its innovative use of parachains. Parachains enhance speed and scalability, allowing Polkadot to process more transactions than Bitcoin and Ethereum. The DOT token is used for governance and staking within the network. Token holders can participate in decision-making and help verify transactions. Developed by Gavin Wood, a co-founder of Ethereum, and supported by the Web3 Foundation, Polkadot seeks to create a more connected and efficient blockchain ecosystem. It represents a step toward seamless interaction between various blockchains, expanding possibilities in the crypto space.

Kaspa: A Proof-of-Work Cryptocurrency with GHOSTDAG Protocol

Kaspa is a proof-of-work cryptocurrency that uses the GHOSTDAG protocol. Unlike traditional blockchains, it doesn’t discard blocks created at the same time. Instead, it allows them to coexist and orders them. This makes Kaspa’s blockchain a type of block graph, not a simple chain. This approach lets it operate securely with very high block rates. Right now, it has 1 block per second, aiming for more. This means confirmation times are very short, limited only by internet speed. Kaspa has features like ways to understand the network’s structure, reduces block data storage needs, supports simple payment verification proofs, and plans for subnetwork support. These will make future layer 2 solutions easier to implement.

Conclusion

In the current bullish market, altcoins like POL, APT, DOT, and KAS may offer limited short-term gains. However, CYBRO stands out as a technologically advanced DeFi platform providing investors with exceptional opportunities to maximize earnings through AI-powered yield aggregation on the Blast blockchain. Boasting features such as attractive staking rewards, exclusive airdrops, and cashback on purchases, CYBRO ensures a superior user experience with seamless deposits and withdrawals. By emphasizing transparency, compliance, and quality, CYBRO distinguishes itself as a promising project attracting significant interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

*This article was paid for. Cryptonomist did not write the article or test the platform.

BlackRock Expands BUIDL Fund to Five New Blockchains, Enhancing Accessibility

BUIDL’s Cross-Chain Expansion Drives Innovation and Access for Blockchain Developers

Diverse Blockchain Integrations Enable Broader Investor Access to On-Chain Yields

BlackRock is expanding its crypto footprint by launching new share classes of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on five different blockchain ecosystems: Aptos, Arbitrum, Avalanche, Optimism’s OP Mainnet, and Polygon. The fund’s initial debut on Ethereum in March 2024 was already a strategic step to strengthen BlackRock’s role in the growing tokenization market.

By integrating these diverse chains, BUIDL will offer increased accessibility and utility for investors, decentralized organizations, and blockchain-native firms. This expansion not only highlights BlackRock’s commitment to innovation but also allows developers and users to leverage BUIDL’s offerings across leading blockchain ecosystems.

Enhanced Accessibility Across Multiple Blockchains

Each of the selected blockchains has unique strengths that contribute to the BUIDL ecosystem.

Aptos, a next-generation Layer 1 blo…

The post BlackRock’s BUIDL Fund Expands to Five New Blockchains appeared first on Coin Edition.

In today’s issue, Paul Veradittakit from Pantera Capital reviews bitcoin’s price and the optimism around regulations since the U.S. election.

Then, Eric Tomaszewski from Verde Capital Management answers questions about how these changes could impact advisors in Ask an Expert.

Thank you to our sponsors of this week's newsletter, L1 Advisors.

–Sarah Morton

You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.

A Week After the Election: Can Optimism Lead to Wider Adoption?

A week after the election, crypto sentiment remains strong. Polymarket, bitcoin and a possibly more efficient and crypto-positive government are all tailwinds to look forward to.

Polymarket

Polymarket, a predictions market built on the Polygon blockchain, saw an explosion of usage leading up to the election, peaking at over $3.2 billion bet on the election, orders of magnitude more than pre-election volumes. Compared to other prediction markets, Polymarket charges no fees, allows seamless trading in and out of positions and is decentralized, meaning anyone can trade directly with the underlying contracts on-chain via the API (allowing for anyone to make trading bots) and anyone from a non-blacklisted geography can access the website frontend.

Polymarket Open Interest

Though open interest has dramatically fallen post-election, there is a belief that mainstream users have both tried and enjoyed using Polymarket over any centralized entities. One definite win post-election is the discussion of Polymarket’s accuracy by the mainstream media. The Economist, The Wall Street Journal, Forbes, and more have cited Polymarket as the largest prediction market and have used it to judge discrepancies between polls and voting sentiment before and after the election.

Hopefully, Polymarket’s enthusiasm permeates into the broader crypto ecosystem and also inspires more crypto apps to take from Polymarket’s playbook in the pursuit of better usability, abstraction and marketing.

Bitcoin and altcoins

Bitcoin is at an all-time high of over $87,000, pumping to $77,000 right after the election and rising ever since. Altcoins tangentially related to the election also surged, like those on Solana. The Trump Presidency does not directly lead to greater bitcoin buy pressure, but his public support of it was enough to cause a rally in these coins.

Looking forward

Positive headwinds in crypto caused by the election itself may not be as sticky in a month. However, the ramifications of a unified Republican House and Senate majority may mean a more productive government, and one that passes more legislation surrounding crypto.

Crypto election updates from StandWithCrypto

Significantly more pro-crypto than anti-crypto representatives across both sides of the aisle have been elected (266 vs. 120 in the house, 18 vs. 12 in the senate). And pro-crypto Trump may be lighter on crypto regulation or will push crypto-supporting regulation. World Liberty Financial is a crypto project being promoted by Trump and says it will run as an Aave instance (one of the largest DeFi protocols).

What does this mean going forward? First, it may mean lobbying efforts, like those from Ripple and Coinbase, may increase in order to push the wording of crypto regulation in one direction or another.

It is believed that U.S. regulation has been unclear, and clarity would drastically change the thinking around operating in the U.S. The largest crypto venture capital firms are largely still based in the U.S., so allowing the companies that are funded to operate in the country could supercharge the industry, supporting the domestic crypto market.

There has also been excitement from top DeFi protocols like Compound and Uniswap surrounding previously “off-limit” protocol features, like staking, fee-switches and more. Adding regulatory clarity around these features may cause firms to innovate on DeFi protocols.

Overall, I am very optimistic about the direction the crypto industry is heading, especially post-election. A unified House and Senate may bring unexpected wins in an ever-changing industry.

- Paul Veradittakit, managing partner, Pantera

Ask an Expert

Q: Could blockchain-based prediction markets redefine participation in elections?

Yes. Many people are frustrated with the media’s pageantry, preferring straightforward results.

Prediction markets could increase engagement, particularly among younger, tech-savvy individuals who prefer data-driven insights similar to stock market updates, without media-driven narratives.

Q: What does the election mean for crypto and blockchain tech?

Bitcoin’s rise past $80K reflects optimism and a renewed excitement for the USA to lead the evolution of the space.

A Republican-led Congress could advance pro-crypto legislation. Beyond that, we could see shifts in regulatory oversight, executive actions that create leadership changes and strategic initiatives, etc.

Q: How does a financial advisor view prediction markets?

Prediction markets provide diverse, aggregated opinions and constantly updated probabilities, enhancing information efficiency. This can support decision-making for clients by offering timely insights. The benefits of information are more opportunities to simplify messages for clients while adding value.

- Eric Tomaszewski, financial advisor, Verde Capital Management

Keep Reading

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