Core Scientific Set for a Major TurnaroundCore Scientific, Inc., a major #bitcoin miner, is about to emerge from Chapter 11 bankruptcy. In a press release on their website, Core Scientific announced that the Southern District of Texas bankruptcy court has green-lighted its reorganization plans, setting the stage for the company to relist its shares on Nasdaq by the month’s end.The company’s reorganization strategy involves full repayment of its existing debt, with current shareholders receiving approximately 60% of the new company’s equity.Speaking about the recent approval of their plan, Adam Sullivan, CEO of Core Scientific, emphasized that the company is set to emerge stronger by the end of the month. He continued:With demand for Bitcoin and high-value compute continuing to rise, we look forward to creating value for our shareholders as we execute our growth plan, de-lever our balance sheet and deliver superior efficiency at scale.The court’s approval followed Core Scientific’s successful closure of a $55 million equity rights offering earlier this month, one of the last steps in the miner’s restructuring journey. At the height of the 2021 bull market, Core Scientific was the largest publicly traded bitcoin miner by computing power, representing about 10% of computing power on the network. However, the plummeting bitcoin price, which dropped from over $60,000 to below $20,000, coupled with rising energy prices pushed the company into Chapter 11 on Dec. 21, 2022.Now, as Core Scientific prepares to exit bankruptcy, the landscape appears more favorable. Bitcoin’s price has rebounded to above $40,000, spurred by investor interest following the SEC’s approval of spot bitcoin #ETFs. in the U.S.#BitcoinETF #binanceSquare #BinanceFeed.

Even though top altcoins like Cardano (ADA) and Tron (TRX) have a loyal class of investors, these investors are looking for more profitable cryptos for 2024. Luckily, a hot new token called Borroe Finance ($ROE) is in its presale stages, and experts believe it will deliver a triple-digit ROI to early investors. Keep reading to see what experts think about these tokens. On December 22, 2023, the Cardano Foundation announced its anticipated Cardano Builders Fest. The Cardano Builders Fest is an action-packed two-day event where ‘tech-savvy Cardano developers’ can meet to share, connect, and showcase their new DeFi projects. According to the announcement, the fest will take place in Toulouse, France, on April 23 & 24, 2024, featuring over 1,000 contributors.ADA retained its bullish trajectory in January thanks to a recent US SEC policy. On January 10, ADA traded at $0.515. A week later, ADA gained 4.12% and traded for $0.536. According to crypto experts, ADA will likely become one of the best crypto investments in 2024, thanks to community engagements and high developer interest. Therefore, ADA will likely trade for $0.750 by the end of the year.$TRX $ADA #TrendingTopic #binanceSquare #BinanceFeed.

In the ever-evolving landscape of digital currencies, the year 2024 promises a thrilling journey into the realm of unprecedented possibilities. Are you ready to ride the waves of innovation and seize the golden opportunities that lie ahead? Brace yourself as we unveil the “Top Cryptocurrency to Buy Now in 2024,” a comprehensive guide crafted for visionary investors and crypto enthusiasts alike.As we stand on the brink of a new era, the cryptocurrency market is poised for a revolution, and the choices you make today can shape your financial destiny tomorrow. From cutting-edge technologies to groundbreaking projects, this article is your key to navigating the intricate world of crypto with confidence.Join us as we dissect the market trends, analyze emerging players, and present you with the undisputed champions set to redefine the landscape. Whether you’re a seasoned investor or a curious newcomer, this article will equip you with the insights needed to make informed decisions in the fast-paced and dynamic realm of cryptocurrencies.Strategic Investments: Unveiling the Top 5 Cryptocurrencies to Buy in 2024Pikamoon ($PIkA): A Deflationary Play-to-Earn Coin with Promising Use Case Bonk Coin (BONK): Dog-Themed Meme Coin and Social Media DarlingNear Protocol (NEAR): A user-Friendly and Carbon-Neutral BlockchainInjective (INJ): A decentralized exchange (DEX) protocol constructed on CosmosCelestia (TIA): The World’s First Data availability Blockchain NetworkUnravelling the Influence of Market Sentiment and External Factors on Top Cryptocurrency SelectionRelatedBitcoin Trend Strength Exhibits Striking Similarities With Last Bull RunBitcoin price is above $45,000 for the first time since April 2022 and according to the weekly Average Directional Index, the rally might not be stopping anytime soon. That’s because the trend strength measuring tool is beginning to show shocking similarities with the 2021 bull run.When Bitcoin is trending, it is wise to get out of the way. The same is true regardless of whether or not BTCUSD is in an uptrend or a downtrend. Currently, the top cryptocurrency by market cap is in an uptrend, according to the Average Directional Index.The tool is designed to measure the strength of a trend on any timeframe. When the ADX is growing and rises above 20, it suggests there is an active trend in play. Below 20, and there isn’t enough evidence of a trend, which could suggest sideways price action.Not only is the weekly ADX in Bitcoin above 20, but is is above 51. Reaching above 51 in late 2020, resulted in four-week-long 120% push higher. If the same magnitude move follows, BTCUSD could hit $94,000 per coin by mid-February.The Average Directional Index is a trend-strength measuring tool designed by J. Welles Wilder, Jr., the creator of other technical analysis tools such asThe ADX reading in dark blue above shows the strength of a trend. The ADX, however, comes equipped with two Directional Indicators, the DI+ and DI-. Not only is the ADX in the exact location of the late 2020, early 2021 bull run, but the DI+ in green and DI- in red are also at the same level.This could hint at the same ripe conditions for a parabolic rally. In 2021, Bitcoin peaked when the ADX reached 85 and began to tumble back downward. If BTCUSD exceeds this level, we could be looking at an even stronger rally than expected.If it fails to reach above 85, yet sets a new all-time high, a bearish divergence could warn of an impending top in crypto. Whatever the case may be, the ADX could be an important tool in understanding cryptocurrency trends. Tony "The Bull" Severino is a level 3 CMT student (passed level 1 & 2), technical analyst, and the Head of Research at NewsBTC. Tony is also the Founder of CoinChartist – a technical analysis educational resource designed for crypto traders. Tony is a partner of Elliott Wave International, TradingView, and a member of the CMT Association. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.#2024withBinance #binanceSquare #Binancefeed #2023withBinance.

As the founder and chairman at CoinFlip, Daniel Polotsky is keen on taking his startup to the next level. The Chicago-based company grew from humble beginnings in a college dorm to become the largest network of #Bitcoin ATMs by volume in the U.S. But nearly a decade after it launched, the cryptocurrency industry looks completely different. For every bit of excitement, there’s scrutiny — especially in the kiosk business. Still, the time is ripe for a global push, Polotsky says. Here’s what the 29-year-old entrepreneur told crypto.news about the next chapter in CoinFlip’s journey, which began in Evanston, Illinois but currently touts a presence in 49 states. You might also like: Are Bitcoin (BTC) ATMs a menace? As we head into 2024, what’s different at CoinFlip? Polotsky: At CoinFlip, we have always prioritized offering 24/7 live customer support and competitive fees, which have helped separate us from our competitors and position ourselves as the world’s largest kiosk operator by transaction volume. In 2024, we are poised for substantial growth and innovation, and plan to continue expanding our product offerings outside the kiosk business. We look forward to growing our global footprint, enriching the CoinFlip ecosystem, and ensuring a seamless experience for our customers. How did CoinFlip begin? CoinFlip’s journey started in my dorm room at Northwestern University nine years ago. Before I started the company, I did everything from finance internships to selling Cutco knives. At the time, Bitcoin and other cryptocurrencies were in the news and were riding some all-time highs. For example, in 2013 bitcoin had just cracked $1,000 per coin, which was significant at the time. However, buying crypto online in 2013 was a hassle, and took a long time to process. Face-to-face meetups to conduct transactions were not unusual. At that time, it became increasingly clear to me that there was a need for a safer, scalable, and more convenient option. The solution was a kiosk — a way to offer quick transactions, a cash onramp, 24/7 support, and replace the need to meet face-to-face. It was all about simplifying the crypto experience and giving folks a trustworthy alternative to traditional banking platforms. The LA Times recently published a feature on how a fake lawyer directed an unsuspecting victim to an ATM where people can buy digital currency. With a code provided by the scammers, the victim transferred the money. This is an old trick. Still, it underscores how scammers are using Bitcoin ATMs to swindle victims out of thousands of dollars and, according to the Federal Trade Commission, it’s on the rise. What’s the feedback CoinFlip is getting on this topic? CoinFlip is a compliance-focused company. Consumer protection and adherence to regulation are built into our ethos. As a federally-registered money services business, we’re always on top of AML and KYC regulations and our kiosks have safeguards and disclosures to warn customers about potential common scams. Cryptocurrency transactions are also on an unchangeable and publicly available database known as the blockchain which allows law enforcement to be extremely effective in following the money, convicting bad actors, and recovering ill-gotten gains. In addition, if you are ever unsure or have questions, our 24/7 live customer support team is always here to help our customers every step of the way. Bitcoin ATMs are also attracting the attention of lawmakers, regulators, and consumer advocacy groups looking to protect people from fraud and exorbitant fees. Is this a good thing? Regulation plays a crucial role in ensuring the safety of everyone involved. It’s encouraging to see lawmakers taking an interest in cryptocurrency education and showing genuine support for the industry’s success. I firmly believe education is key– we need to help them understand the benefits of digital assets and the importance of providing a safe on-ramp for cash transactions. However, it is important to note that the space is regulated and that Bitcoin kiosks are not unique in the financial risks presented. As a result, it is important for regulators to properly understand how Bitcoin kiosks operate, and all the compliance efforts that we perform. Lawmakers have made significant strides in crafting legislation, displaying proactivity and a growing understanding of the crypto landscape. It’s an ongoing journey, but the commitment to understanding and regulating the cryptocurrency space is a positive sign, providing a foundation for a secure and thriving environment. Starting in January, California will limit cryptocurrency ATM transactions to $1,000 per day per person under Senate Bill 401, which Gov. Gavin Newsom signed into law. Some Bitcoin ATMs advertise limits as high as $50,000. The new law also bars Bitcoin ATM operators from collecting fees higher than $5 or 15% of the transaction, whichever is greater, starting in 2025. What’s your take on the new legislation? I can understand and appreciate the efforts of the California legislature to protect consumers. Although the motives of this bill are in the right place, it unfortunately provides little protection to consumers and hinders innovation. The bill ignores federal reporting requirements, which will result in less information collected from the consumer and less information for law enforcement who are attempting to investigate fraud. As a crypto kiosk operator in California, we want to serve as an educational resource to lawmakers in a manner that encourages innovation while not sacrificing consumer protection. What distinct advantages do crypto kiosks offer, particularly considering today’s cryptocurrency market environment? They contribute to the mainstream adoption of cryptocurrencies by providing a physical, user-friendly interface that makes digital assets more accessible to a broader audience. Their 24/7 availability and instant transaction capabilities cater to the demand for quick and convenient cryptocurrency transactions. CoinFlip’s around-the-clock customer support allows our users to ask questions in real-time to make the process less intimidating, which is nearly impossible at an online exchange. Additionally, crypto kiosks offer a bridge between traditional and digital finance, allowing users of a cash onramp to convert dollars to cryptocurrencies and vice versa. On a global scale, crypto kiosks help facilitate quick transactions to friends, relatives, or businesses overseas while avoiding delays and expensive exchange or wire fees. Is the number of Bitcoin kiosks in the U.S. expected to increase in the next 12 months? In the U.S., crypto kiosks could see growth, but tighter regulations might pose challenges for smaller operators. However, we are seeing a growing demand for crypto kiosks internationally as more people are turning to alternative ways to send money overseas quickly, build wealth, and participate in the new digital economy. Global inflation, especially in countries like Argentina, is likely to drive demand for stable transfer options, making crypto kiosks more relevant. Developing countries with faltering banking systems are expected to see a surge in these kiosks because they offer decentralized and stable transactions, especially in regions affected by conflict or lacking infrastructure. Cryptocurrency regulations vary by state (i.e., California exempts crypto ATMs from licensing requirements for businesses engaged in money transmission). Does the state-by-state difference in terms of rules present such a huge challenge? Navigating diverse rules across states can indeed pose challenges, but there’s a unique positive aspect to this decentralized approach. The beauty lies in the flexibility afforded to states, providing room for customization if a national consensus falls short. Read more: CoinFlip Lists Dogecoin;$BTC #BTC #binanceSquare #BinanceFeed #Binance

Crypto Bull Run: Top Altcoins Set For Massive Rally In Jan 2024“Altcoin Season” is gaining traction, signaling a time when alternative cryptocurrencies, known as altcoins, are outperforming market giants Bitcoin (BTC) and Ethereum (ETH). Experts have observed a pattern during market upswings where funds initially flow into Bitcoin and Ethereum, followed by a surge in altcoins. Recent trends suggest that the altcoin market is consistently retesting past highs, indicating a potential for a breakout.Analyst Highlights Key Opportunities in AltcoinsRenowned cryptocurrency analyst Crypto Banter has shed light on the current state and potential opportunities in the altcoin market. According to Banter, several altcoins are in a cooling-down phase but are poised for a significant surge. He pointed to Cardano (ADA), which recently broke a flag pattern and is undergoing a retest. Banter suggests that if Bitcoin maintains its current level, Cardano will likely show positive movement.Near Protocol and Phantom: The Rising StarsBanter’s insights include Near Protocol (NEAR), still in a flag pattern. A breakout and upward movement for NEAR could spell a lucrative opportunity for investors. Another strong performer, Phantom (FTM), has achieved a higher high, with a potential retest zone forming. This suggests a favorable entry point for investors.Emphasizing the importance of technical analysis, Banter shared insights on identifying trend changes, breakouts, and retests to make informed investment decisions. He expressed bullish sentiments towards Phantom, highlighting a golden cross on the monthly chart and a retest of the 50-day moving average. Resistance levels for Phantom are anticipated around $0.50 and $0.60, with a potential target of $1.20.Bitcoin Approved for Contracts in Argentina, Confirms Foreign MinisterArgentina has officially embraced the use of Bitcoin in contractual agreements, marking a significant milestone towards advancing its financial landscape.This development was confirmed by Diana Mondino, the Minister of Foreign Affairs and International Trade, who took to X today, tweeting, “We ratify and confirm that in Argentina contracts can be agreed in Bitcoin.” The minister further clarified that other cryptocurrencies, as well as tangible assets such as kilograms of beef or liters of milk, are also permissible.In making the announcement, Mondino referenced Article 766, which outlines the debtor’s obligation, stating, “The debtor must deliver the corresponding amount of the designated currency, whether the currency is legal tender in the Republic or not.”This move is part of Argentina’s ongoing efforts towards economic reform and deregulation, creating an environment that encourages innovation and flexibility in financial transactions. It also comes on the heels of the so-called ‘Bases for the Reconstruction of the Argentine Economy’ decree, which was passed on Wednesday, repealing 300 decades-old laws linked to the country’s economic mess. Notably, while the decree refrained from explicitly referencing cryptocurrencies, it did incorporate provisions granting debtors the flexibility to settle payments using currencies not officially recognized as legal tender in Argentina.That said, Thursday’s announcement closely follows Javier Milei’s triumph in Argentina’s presidential candidacy just a month ago. Milei, a staunch advocate of Bitcoin, has been outspoken in his critiques of the central bank, branding it a “scam” and underscoring Bitcoin’s potential to restore monetary control to the private sector. He has consistently argued that embracing Bitcoin can shield citizens from the adverse impacts of inflation associated with conventional banking systems.That said, Argentina’s decision to endorse Bitcoin for contractual use highlights the nation’s dedication to unlocking the potential of cryptocurrency for fostering economic growth and innovation. Through the official recognition of Bitcoin as a legitimate form of contractual agreement, the government seeks to cultivate an environment that encourages heightened investment and business development within Argentina.Moreover, though specific details regarding implementation and legal intricacies remain pending, Mondino’s announcement signifies a crucial stride in legitimizing Bitcoin within Argentina’s formal legal framework. This move has garnered widespread support from the crypto community, with some speculating that Argentina might follow in the footsteps of El Salvador and soon designate Bitcoin as legal tender.#BITCOINETF #binanceSquare #Binancefeed

*** ONE-TIME USE *** Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., in April 2021. Michael Nagle/Bloomberg The debut of the first spot Bitcoin exchange-traded funds ended up being a “sell the news” moment—not just for digital assets but for Coinbase Global stock. But for all of last week’s hype, Coinbase’s real challenges are still on the way. The first of those tests comes Wednesday, when a federal judge will hear oral arguments in a lawsuit between Coinbase and the Securities and Exchange Commission. The SEC last year sued Coinbase for allegedly operating an unregistered securities exchange. Coinbase on Wednesday is attempting to convince the judge to dismiss those allegations in the case’s early stages. “Motions to dismiss are rarely won, but we think it’s an important day where both sides can continue to express their views and get closer to the facts,” Coinbase Chief Financial Officer Alesia Haas told Barron’s on the sidelines of the World Economic Forum in Davos, Switzerland. “Our legal arguments are on our side: These are not securities.” Whether the case is successfully dismissed or proceeds could have big ramifications for Coinbase’s business. Its stock has dropped about 23% so far in January after quadrupling in 2023. Last year’s run-up came as the crypto market shook off the bankruptcy of competitor FTX and as the chances of a Bitcoin ETF approval increased. The approval finally came to pass last Wednesday. The court case is arguably even more important to the platform. The SEC’s complaint alleges that at least 13 assets Coinbase allows to trade are securities that should have been registered with the agency. It also said that Coinbase’s “staking as a service” product—in which investors post tokens in exchange for yield—should have been registered. SEC Chair Gary Gensler in a statement accompanying the agency’s approval of Bitcoin ETFs warned that the funds’ approval shouldn’t be taken as an indication the agency is backing off crypto enforcement. Newsletter Sign-up “Today’s action does not approve or endorse crypto trading platforms or intermediaries, which, for the most part, are noncompliant with the federal securities laws and often have conflicts of interest,” Gensler said. Haas noted that “alt coins”—not including Bitcoin or Ether—account for about a third of Coinbase’s trading volume, meaning that the tokens targeted by the SEC specifically are an even smaller fraction of that. However, alt-coin trading could become a more important part of Coinbase’s revenue. The Bitcoin ETF approval, for example, makes it easy for retail investors to buy Bitcoin with no trading commissions on brokers such as Fidelity and Robinhood Markets with a very low annual expense ratio. That could draw Bitcoin trading from Coinbase, where retail investors can pay fees and spreads well in excess of 1%. “The pending litigation with the SEC as well as a broader ongoing lack of regulatory clarity remains an overhang for COIN,” wrote Bank of America analysts led by Jason Kupferberg in a research note last week. The analysts in their note reiterated an “Underperform” rating on the stock, while raising their price target to $79 from $66 on the back of stronger crypto-trading volumes. The judge in the U.S. District Court for the Southern District of New York isn’t expected to make a ruling on Wednesday, and the case, including appeals, could drag out for years. With Congress in an election year unlikely to give Coinbase the regulatory relief it has long sought, 2024 could be a bumpy ride.#BITCOINETF #binanceSquare #BinanceFeed.

In a significant shake-up of its #Bitcoin (BTC)-related holdings, Cathie Wood’s ARK Next Generation Internet exchange-traded fund (ETF) has made strategic changes as BTC ends the year with a significant 156% surge.According to a Bloomberg report, the #ETF sold all its remaining 2.25 million shares of the Grayscale Bitcoin Trust (GBTC) while acquiring 4.32 million shares of the ProShares Bitcoin Strategy ETF. According to Bloomberg, Wood cited caution as the reason behind the sale of the Grayscale Bitcoin Trust. The move was prompted by concerns that the anticipated conversion of the trust to a spot Bitcoin ETF might not receive approval from US regulators in early January. Additionally, Wood highlighted the substantial reduction in the trust’s discount to its net asset value, which, combined with its price increase, influenced the decision.Wood emphasized the unpredictability surrounding which Bitcoin-related offerings would gain regulatory approval, expressing optimism about Bitcoin while acknowledging the uncertainty ahead.In this regard, Bloomberg ETF expert Erich Balchunas highlights that approximately $100 million of the proceeds were used to purchase the ProShares Bitcoin Strategy ETF (BITO), likely as a liquid transition vehicle to maintain exposure to Bitcoin while gradually transitioning into either ARKW or ARKB.Interestingly, ARK has now become the second-largest holder of BITO, although Balchunas clarifies that this is a temporary parking spot. Blachunas emphasizes that institutions, including ARK, often employ highly liquid ETFs for transitions of this nature. Balchunas also points out that this move aligns with the prediction made by Bloomberg a month ago, reflecting strategic foresight on ARK’s part. According to Balchunas, this decision is smart as it allows ARK to boost its own ETF’s assets under management (AUM) while saving investors from incurring a significant expense ratio in the process.Per the report, the reduction in holdings of the Grayscale Bitcoin Trust has been a gradual process for Cathie Wood, even as the price of Bitcoin surged to its highest level since April 2022. Throughout 2023, Bitcoin more than doubled in value, with significant gains occurring towards the end of the year amid speculation that the Securities and Exchange Commission (SEC) would approve spot Bitcoin ETFs in the first days of January 2024.During the Sohn Australia conference last month, Wood touted the Grayscale Bitcoin Trust as her top pick. However, recent developments have led to a shift in the ETF’s portfolio composition.In addition to the changes involving Grayscale and ProShares, the ARK ETF also purchased 20,000 shares of the ARK 21Shares Active Bitcoin Futures Strategy ETF and sold 148,885 shares of the cryptocurrency exchange Coinbase Global, according to the fund’s report.The ARK Next Generation Internet ETF has achieved an impressive 103% gain for the year, surpassing the 55% advance of the Nasdaq 100 Index. It is worth noting that the fund’s performance has been characterized by significant volatility, experiencing declines of 19% and 67% in 2021 and 2022, respectively.The leading cryptocurrency in the market is trading at $42,800, exhibiting a sideways price movement over the past 24 hours. During this timeframe, there has been a marginal decrease of 0.3% in its value.Featured image from Shutterstock, chart from TradingView Ronaldo is an experienced crypto enthusiast dedicated to the nascent industry, having spent over four years conducting in-depth research and cultivating a profound interest in the field. With a particular passion for technical analysis, Ronaldo firmly believes that it holds the key to uncovering valuable patterns within charts and price movements. He remains dedicated to honing his skills and expanding his expertise on a daily basis, ensuring that his writing provides readers with meaningful analysis and up-to-date news within the crypto space. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.$BTC #BitcoinETF #binanceSquare #BinanceFeed

Earlier today, prominent pseudonymous crypto analyst McKenna shared insights on the potential market impact following the potential approval of spot bitcoin Exchange-Traded Funds (ETFs) in the U.S. in the coming year. McKenna predicts a ‘sell the news’ event, where an asset’s price drops after a highly anticipated event materializes, as the event’s potential impact is often already priced in. He notes a significant increase in open interest for CME Bitcoin futures since BlackRock’s #ETF filing on June 16th. CME Bitcoin futures are contracts traded on the Chicago Mercantile Exchange that allow investors to speculate on the future price of Bitcoin without holding the actual cryptocurrency. The rise in open interest, which represents the total number of unsettled contracts, suggests increased market participation and speculation. The analyst suggests that these futures positions will likely be unwound, leading to a closure of contracts through selling. Additionally, he anticipates that investors who entered the market after the FTX insolvency will start reducing their risk, potentially triggering a market selloff. McKenna forecasts a 20-30% market selloff, followed by Ethereum and its related assets outperforming in Q1 2024. This prediction is based on Ethereum’s strong positioning and the expected market dynamics post-selloff. In response to his market outlook, McKenna has started taking profits while maintaining core long positions in OP and ARB. OP and ARB are the native tokens of layer-2 scaling solutions Optimism and Arbitrum, respectively. These platforms are designed to enhance Ethereum’s scalability and efficiency, making their tokens attractive investment options in the context of Ethereum’s anticipated performance. Featured Image via PixabayRelatedTop 3 Crypto Presales Experts’ Tips for November’s High Profit Potential – Meme Kombat, TG.Casino, and Bitcoin MinetrixOctober’s crypto rally made crypto presales more popular, making them a potentially profitable addition to your investment portfolio for higher returns in November and beyond.Crypto presales are popular because they allow investors to buy crypto assets at reduced prices, which can lead to higher profits in the future.Given the abundance of appealing options, how do you make the best decision?This simple guide aims to help you determine the cryptocurrency that’s most suitable for your current investment and assesses the leading cryptocurrencies with potential for growth in November and beyond, considering their various applications.#BitcoinETF #binanceSquare #Binancefeed #binance

Tokens tied to Dogecoin-funded DOGE-1 satellite jump ahead of SpaceX launchTwo tokens tied to space logistics and energy company Geometric Energy Corporation are jumping ahead of its mission to put DOGE-1, a Dogecoin-themed satellite, into orbit around the moon.The launch is scheduled for Jan. 12 aboard a SpaceX rocket from the Kennedy Space Center in the U.S.GEC, a token issued by the company, has more than quadrupled in the past week. Another token, XI, which is said to be used to pay for ads displayed on the satellite, has climbed 36%. Together they have a market capitalization of just over $30 million and more than 6,000 individual holders, on-chain data shows.Geometric Energy announced the DOGE-1 satellite in May 2021 as the payload of a SpaceX Falcon 9 rocket originally scheduled for 2022. The mission has been paid for entirely in Dogecoin (DOGE) – a dog-themed meme coin that enjoys SpaceX founder Elon Musk’s vocal backing.SpaceX has since received the requisite regulatory approvals to clear the launch, finally bringing DOGE-1 a step closer to reality, according to Geometric Energy founder Samuel Reid.DOGE-1 is one of the two dogecoin-related missions planned in the coming months.Earlier this month, Dogecoin developers said a physical dogecoin token could reach the moon in a space payload mission planned by Pittsburg-based firm Astrobotic. The mission is planned for Dec. 23 and carries 21 payloads from governments, companies, universities, and NASA’s Commercial Lunar Payload Services (CLPS) initiative.Cryptocurrency is a form of digital money that uses blockchain technology to ensure its security, transparency, and decentralization. Cryptocurrency has been gaining popularity as a payment method in Europe, as it offers many advantages for both consumers and merchants, such as:Lower fees: Cryptocurrency transactions do not involve intermediaries, such as banks or payment processors, that charge fees for their services. This reduces the cost of sending and receiving money, especially across borders.Faster speed: Cryptocurrency transactions are processed by a network of computer nodes that verify and record them on a shared blockchain ledger. This eliminates manual verification and approval, which can take days or weeks for traditional payment methods. Cryptocurrency transactions can be completed in minutes or seconds, depending on the network congestion and the transaction fee.Greater privacy: Cryptocurrency transactions do not require personal or financial information, such as name, address, or card number, to be shared with third parties. This protects the users from identity theft, fraud, or data breaches. Cryptocurrency transactions are also pseudonymous, meaning they are linked to a unique code, called an address, rather than a real identity.More control: Cryptocurrency users have full ownership and control over their funds, as they are stored in a digital wallet, a software or hardware device that allows them to send and receive cryptocurrency. Users do not need to rely on third parties, such as banks or payment providers, to access or manage their money. Users can also choose the level of security and convenience for their wallet, such as using a password, a PIN, a fingerprint, or a recovery phrase.However, cryptocurrency also faces some challenges and barriers that limit its adoption and growth as a payment method in Europe, such as:Legal uncertainty: The rules and regulations regarding cryptocurrency vary from country to country in Europe, and sometimes even within the same country. Some countries, such as Germany, France, and Malta, have a more favorable and transparent legal framework for cryptocurrency. In contrast, others, such as Spain, Italy, and Greece, have a more restrictive and ambiguous one. This creates confusion and inconsistency for consumers and merchants, who may not know the legal status, tax implications, or consumer protection of cryptocurrency in their jurisdiction. #DOGE #BTT #HNT #binanceSquare #BinanceFeed.