Investors traverse a universe of opportunities and dangers amid the constantly changing crypto landscape. Concerns about the restrictions on specific well-known cryptos surface as they search for the next frontier of digital assets. The difficulties Dogeverse has had implementing its technology in the real world and the recent instability in Solana highlight the complexity of the crypto space and encourage investors to look into new avenues for improvement and security.

Amid these, MoonBag (MBAG) shines in the starry race for innovation, luring investors in with its assurances of unmatched security, scalability, and transparency. As Dogeverse and Solana struggle with obstacles, MoonBag stands out due to its attractive presale price, which promises an enticing 33.33% increase to the next level and subsequent increases through the presale stages. 

Check out how MoonBag coins will be a reason that changes your financial future.

Investors Questioning Dogeverse’s Viability: MoonBag Gains Momentum

On June 3, Dogeverse concluded its presale and is preparing for its DEX listing. However, investors should consider that Dogeverse presents some noteworthy challenges. It lacks real-world applications, and as a result, its long-term viability is under scrutiny. 

Also, the coin depends too much on its community support and sentiment, which would raise questions about how long it can last in the quickly developing crypto market. As Dogeverse investors look for more reliable investment opportunities, many are turning to MoonBag, attracted by its clear advantages and growth potential.

Solana’s Turbulent Week

Solana is a high-speed blockchain platform for decentralised apps on Web3 Infrastructure. Over the past week, Solana’s price has dropped significantly as cryptocurrency speculators have shifted billions of dollars toward Ethereum markets in response to the support of the spot ETH ETF. 

Moreover, A bug that caused problems with network block generation recently beset Solana. Solana can slow down or halt during heavy transaction loads or DDoS attacks, highlighting scalability hurdles.

MoonBag Coin Presale Alert

Get a grab of MoonBag (MBAG), as it is now enchanting in presale stage 4, which will soon end. Those who seize MBAG coins now will be poised for a miraculous 33.33% rise to the next stage price. Wonderful, right?

Moreover, the goals of MoonBag coin’s tokenomics are expansion and sustainability. It all comes down to rewarding holders, from coin distribution to coin movement. MoonBag’s tokenomics plan allocates 75% of the proceeds from the Public Presale to marketing, 20% to liquidity, and 5% to operating expenses. It’s all about building a strong economy with the Monkey mascot’s guidance and the community’s dreams.

 Also, MoonBag crypto offers an enticing 15000% ROI. Hence, join the MoonBag presale soon before it gets too late.  

How to Buy MBAG Coins?

Create your crypto vault using Trust Wallet or MetaMask. Click “Connect Wallet” to link your selected vault to the MoonBag portal. To trade for $MBAG coins, ensure your vault is stocked with ETH, BNB, MATIC, or USDT.

Select your preferred amount of MBAG coins, validate the transaction, and observe the cosmic exchange.

Conclusion

Amidst the crypto cosmos, Dogeverse faces scrutiny for its limitation, while Solana grapples with turbulence. Investors seeking a stellar voyage are turning to MoonBag coin, captivated by its promise of growth and security. MoonBag coin shines bright with a presale buzz, offering a celestial 33.33% rise to the next stage. As the stars align, MoonBag crypto emerges as a source of opportunity, drawing investors into a realm of innovation and sustainability. Join the MoonBag presale journey now, where dreams meet reality.

Invest in MoonBag Presale

Website: MoonBag.org

Presale: MoonBag Presale

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org

The post MoonBag Coin Illuminates the Crypto Market: Investors of Solana and Dogeverse Find Hope appeared first on Crypto News Land.

Do you believe in meme coins’ potential to bring you financial freedom? Many have tried to achieve economic success through meme coins over the years, and a few have succeeded. However, with Dogeverse entering a phase of uncertainty before launch, investors have started backing off. The scandals surrounding Bitcoin Cash reflect issues for other altcoins as well. However, the crypto world can find the ultimate solution in the face of a new meme coin. 

The MoonBag crypto has entered the world of cryptocurrencies to make financial success possible for everyone. The new meme coin has already raised over $1.5 million in its presale in a record time and has caught the eyes of investors. 

Let’s assess the current status of Dogeverse and Bitcoin Cash and see how the MoonBag crypto compares with the two. 

Dogeverse Investors Eye MoonBag After Launch Amid Future Uncertainty 

Dogeverse, the new multichain meme coin, has generated hype through social media during its presale. However, its reliance on online hype makes it a risky investment. 

Other reasons investors are ditching Dogeverse are its unclear tax policy and high gas fees. Amid these issues, investors have started cashing out Dogeverse before its official launch. With MoonBag offering better returns and higher staking rewards, investors have decided to grab onto it for a bright future. 

Cardano Partnership News Fails to Protect the Decline in Bitcoin Cash’s Price

Recently, Charles Hoskinson, the Cardano founder, proposed integrating Bitcoin Cash into a Cardano partner. 65% of the community voters voted in favour of the proposal, meaning the partnership might be farther away than one might think. 

However, the positive news did not help boost the price of BCH. The Bitcoin Cash coin lost 3.63% in value in almost a month, motivating investors to look for a better alternative. 

Analysts say MoonBag Coin is the crypto to invest in 2024 after it raises $1.5 million in presale.

Price volatility, scaling and security problems, and uncertainty about the future are issues that plague most new cryptocurrencies. However, the MoonBag crypto stands out from the crowd with its features, which make it the ideal investment opportunity. As an Ethereum-based crypto, MoonBag boosts fortress-like security, interoperability, and smooth scaling ability. The MoonBag presale has already raised $1.5 million, nearing the 5th stage. 

Currently, the MoonBag crypto is available at $0.00015. With a price increase at every stage, the sooner you join the presale, the higher your profit will be. MoonBag investors will also enjoy staking rewards, including 88% APY. 

Along with locking away team tokens for two years, MoonBag will also set aside 20% of the raised funds for liquidity. Through buyback and burn events, the liquidity will help stabilise the price of MBAG coins after the official launch. 

MoonBag Referral Programme

Purchasing MBAG coins is straightforward and can be completed in a few steps. You can fill out your Metamask or Trust Wallet with the crypto of your choice and then use it to buy MBAG coins through the website MoonBag. After completing the purchase, you will receive a referral code to share with others. You will get 10% extra MBAG coins whenever someone uses your code. You will also be able to win exciting monthly prizes if the highest number of people use your code. 

Conclusion – All-In-One Solution

The biggest problem with cryptocurrencies is that they don’t cover every aspect of digital finance that investors expect them to do. For instance, Dogeverse is too invested in marketing and doesn’t have a solid framework. Bitcoin Cash is also struggling to find its footing in the crypto-verse. However, MoonBag has emerged as a once-in-a-lifetime crypto because it covers every aspect of digital finance. You can also join the fun by grabbing your MBAG coins today!

Invest in MoonBag Presale

Website: MoonBag.org

Presale: MoonBag Presale

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org

The post MoonBag Coin Emerges Victorious Against Dogeverse and Bitcoin Cash After Winning Over Investors appeared first on Crypto News Land.

BlockDAG has been making waves in the cryptocurrency market, with its latest Keynote 2, broadcast from the moon, catapulting its presale to an impressive $40.8 million. Amidst this significant milestone, Ethereum has shown bullish signs, and BlackRock’s Bitcoin ETF is drawing massive capital inflows.

BlockDAG’s ongoing presale, currently in its 16th batch at $0.0095 per coin, has successfully sold over 10.8 billion BDAG coins. Additionally, sales of miners have contributed an extra $3 million to this burgeoning success. The buzz around BlockDAG is palpable, presenting a golden opportunity for those aiming to strike it rich in the crypto gold rush.

Ethereum Enjoys a Robust 35% Rally

Ethereum (ETH) has seen a substantial 35% rise in the last two weeks, fueled by positive remarks from former US President Donald Trump and the U.S. SEC’s approval of Ethereum spot ETFs. Analysts suggest that the surge in institutional interest, driven by these ETFs, plays a significant role in Ethereum’s recent price dynamics. Trump’s favorable stance on cryptocurrencies and the expected heavy institutional inflows following the trading of Ethereum ETFs have set a bullish stage for ETH.

BlackRock Secures a Top Spot with Its Bitcoin ETF

BlackRock’s iShares Bitcoin Trust (IBIT) has recently outpaced the Grayscale Bitcoin Trust (GBTC) to become the largest Bitcoin fund, thanks to hefty inflows in a single session. BlackRock’s edge lies in its competitive fee structure, which has been a magnet for investors seeking cost-effective investment options. With IBIT now managing $19.68 billion in Bitcoin, it underscores the escalating institutional interest in crypto investments, reinforcing the strategic advantage of cost-effective crypto investment solutions in the market.

Innovations and Highlights from BlockDAG’s Keynote 2

BlockDAG’s Keynote 2 has unveiled several key innovations, including the beta launch of the X1 Miner app, now available for both Android and Apple users. The app has been rigorously tested to ensure a flawless experience, boasting features that streamline user onboarding and presale transactions.

The keynote also set the stage for the upcoming mainnet launch, due in the next four months, showcasing BlockDAG’s commitment to revolutionizing blockchain technology. The focus on transparency, community engagement, and state-of-the-art technology is drawing significant investor and industry attention.

BlockDAG is also introducing the X10 Miner, a user-friendly, high-performance device ideal for home use. With a 100 MH/s hash rate, it can produce up to 200 BDAG daily while only consuming 40 watts of power, making it perfect for both novice and seasoned miners who value efficiency and ease of use.

Final Insights

BlockDAG is poised at the vanguard of the cryptocurrency revolution, with its presale showcasing impressive growth and success. As Ethereum’s prospects remain favorable and BlackRock’s Bitcoin ETF continues to attract significant capital, BlockDAG’s forward-thinking initiatives and the impending mainnet launch are generating widespread interest.

For savvy investors looking to make a well-timed entry into the crypto market, BlockDAG offers a promising and potentially lucrative opportunity. Join the community of future crypto millionaires by engaging with BlockDAG’s presale today through their website.

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 Meteoric Rise Over Ethereum and BlackRock Bitcoin ETF: A $41.9 Million Presale Phenomenon appeared first on Crypto News Land.

Ripple CEO Garlinghouse sees diverse crypto ETFs beyond Bitcoin as vital for market strength and investor opportunities.

Garlinghouse cites the SEC’s approval of Ethereum ETFs as a sign of a favorable shift, potentially opening doors for XRP ETFs by 2025.

Analyst Seyffart predicts the next crypto spot ETF, including XRP and Solana, may realistically launch in 2026 due to regulatory hurdles.

In a recent interview, Ripple CEO Brad Garlinghouse emphasized the growing significance of cryptocurrency spot ETFs beyond Bitcoin, advocating for broader diversification within the market. Highlighting the substantial interest in crypto ETFs, Garlinghouse noted the rapid success of U.S. Bitcoin spot ETFs, which achieved multi-billion dollar valuations in just two months—a milestone that took years for similar gold investments.

JUST IN ON FOX BUSINESS BRAD GARLINGHOUSE ON POTENTIAL SPOT XRP ETF "#XRP ETF IN 2025 – NOT SO FAR AWAY" @bgarlinghouse @Ripple @LizClaman @FoxBusiness TOPICS BITCOIN AND ETHER ETFs SEC´S APPROVALS OF ETFs UNDERSTANDING XRP SWIFT VS RIPPLE / XRP… https://t.co/2wiIDuE7dl pic.twitter.com/opoOj5hTFe

— XRP DROPZ (@DROPZXRP) June 4, 2024

Surge in Crypto ETF Interest

Garlinghouse pointed out the high demand for crypto ETFs, emphasizing the swift market response to Bitcoin ETFs. He stressed out the necessity of diversifying crypto ETFs to include other digital assets, arguing that this diversification would strengthen the market and provide investors with a wider range of opportunities.

SEC’s Changing Stance

The Ripple CEO also addressed the U.S. Securities and Exchange Commission’s (SEC) attitude towards crypto spot ETFs. According to Garlinghouse, recent approvals for Ethereum ETFs signify a notable shift in the SEC’s approach, which he attributes to the regulator’s previous court losses and regulatory setbacks. He expressed optimism that this change in stance could pave the way for ETFs based on other cryptocurrencies such as XRP, Solana, and Cardano.

Potential for XRP ETF

When FOX Business correspondent Liz Claman raised the question of whether the SEC might exhibit particular resistance to an XRP ETF due to its history with Ripple, Garlinghouse responded confidently. He asserted that the SEC would face significant challenges in opposing an XRP ETF, citing XRP’s historical market position just behind Bitcoin as a strong argument for its potential as a valuable investment option. Garlinghouse predicted that an XRP ETF could be launched as early as 2025, describing this timeline as “not too far away.”

Industry Perspectives on ETF Timelines

Garlinghouse’s optimism was supported by Sean McBride, Ripple’s former director, who also sees an XRP ETF as a near-future possibility. However, industry analysts like James Seyffart of Bloomberg Intelligence present a more cautious outlook. Seyffart suggests that the earliest realistic timeline for the next crypto spot ETF in the U.S. following Ethereum would be 2026. He bases this projection on several factors, including Ripple’s ongoing legal battles, the current leadership at the SEC, and the lack of a Commodity Futures Trading Commission (CFTC)-regulated futures market for XRP.

Challenges for Other Crypto ETFs

Seyffart further noted that Solana faces similar hurdles, such as the need for a futures market, which contribute to his conservative 2026 timeline for a Solana ETF. These challenges underscore the complex regulatory landscape and market conditions that must be navigated before new crypto spot ETFs can be introduced.

While the path to diversified crypto spot ETFs appears promising, it is faced with regulatory and market challenges. Garlinghouse’s optimistic outlook for an XRP ETF by 2025 contrasts with the more conservative projections of analysts like Seyffart. Nonetheless, the growing interest and evolving regulatory environment indicate that the expansion of crypto ETFs is a matter of when.

Read also

Spot Ethereum ETFs Approval Could Get Their Approval by May

Ethereum ETF Approval Paves the Way for Smoother Crypto Investment Roads: Insights and Future Projections

XRP’s Road to Reclaiming ATH: Insights and Timeline Unveiled

Ripple CEO Challenges Former SEC Chair’s Crypto Regulation Stance

XRP Price Bullish as Ripple CEO Hints at Potential Breakthrough, Will XRP Be the Next Crypto ETF?

The post Ripple CEO Discusses Future of Crypto Spot ETFs Beyond Bitcoin appeared first on Crypto News Land.

The cryptocurrency world is like a vast jungle, full of promises and potential and, let’s face it, a fair share of tumbleweeds. While some cons have paved their way through the trees, some meme coins are left in the mud. Let’s take Fetch AI, for example. Its slow technology and complexity make it more like a science project than a good investment. In this world where everything could go wrong, what is the one turn one should make to reach the point of stability?

The MoonBag coin has emerged as a Santa in this unpromising world, granting the beloved investors’ wishes. The only difference is that it comes on a rocket-fueled rocket with coins and a monkey with many bananas. Let’s take this adventure to understand more about this epic coin that became the talk of the town as soon as it entered the market.

Fetch AI Has Been Fetching Complexity 

One of Fetch AI’s drawbacks is its complexity. As complex as a science project, new investors are finding it challenging to navigate, which could result in a drop in the coin. Its high learning curve is preventing it from broader growth.

Fetch AI is as slow as a snail on a stem or even much slower than that. This coin would take a plethora of time because of its slow technology, and operations need to be done to make it worthwhile for investors. 

Pepe Coin peeking downwards instead of upwards

One of Pepe Coin’s main complaints is its lack of practical use. In contrast to more well-known cryptocurrencies that provide technological innovations or practical uses, Pepecoin is primarily motivated by its meme status and participation in the community, which may eventually prove to be restrictive. 

The development team behind the Pepe Coin is resting, as there have been no updates about the coin. Their focus is elsewhere rather than developing new functionalities of the coin.

MoonBag Meme Coin: The Real Potential

MoonBag coin has changed the way the world is; all the other coins practically worship it. Liquidity is crucial for any cryptocurrency, and MoonBag is no exception. There has been a lot of interest in the presale, which is encouraging for future liquidity. With its effective technology, investors can sell and purchase MBAG coins easily. 

MoonBag is prepared for higher growth with its robust scalability, allowing users to have an easy and effective transaction without any mess or delay. MoonBag presale is currently underway, providing early adopters with a fantastic opportunity. Investors can obtain a substantial quantity of coins for a comparatively minimal investment. Early adventurers will have the most benefits as the coin will gain popularity and usage. So fasten your seatbelts and prepare for the journey to the centre of the sky.

How to Safely Store Your MoonBag Coin

Visit the official MoonBag website

Create a wallet

Purchase with USDT

Secure your investment

Referral Program

The referral program offered by the MoonBag adds even more excitement. By encouraging your friends, family, and fellow other space ventures to sign up for the presale, investors can gain more MBAG coins. This promotes community growth and increases awareness of Moonbag, increasing its appeal and visibility.

Conclusion

Whether you talk about liquidity, scalability, or ROI, MoonBag coin has everything. It is your Willy Wonka ticket to the star. MoonBag is destined to grow more as it is at the end of its stage 4 of presale and is about to unleash itself in the 5th stage. In this world where one pays more for less with MoonBag, you get to have more with paying less. Hop on the MoonBag presale and earn billions. Grab your ticket to the sky now before the rocket is complete!

Invest In MoonBag

Website: MoonBag.org

Presale: MoonBag Presale

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org

The post Unveiling Secrets behind MoonBag meme coin’s Success over Fetch AI and Pepe Coin appeared first on Crypto News Land.

XRP’s 700-day consolidation hints at a major breakout, with price closely monitored around the $0.52 level by investors.

XRP’s symmetrical triangle pattern hints at potential price surge, with projections suggesting a rise to $2.37 post-breakout.

Analysts urge investors to watch for XRP’s breakout above $0.52, as it could signal a shift in market sentiment and sustained gains.

Blockchainedbb, a crypto analyst on X, recently highlighted that XRP’s prolonged consolidation period, lasting over 700 days, could soon end in a significant breakout. The analyst pointed out that XRP has been confined within a specific price range, notably around the $0.52 level, and this extended period of consolidation typically comes in hand with substantial price movements. The potential breakout from this range is being closely monitored by investors and analysts alike, with many anticipating a notable rally.

$XRP has consolidated for more than 700 days . Long consolidations usually breaks out big and squeezes up . Break out of this range and retouch is a good entry for long term . Let’s wait and see pic.twitter.com/Nzoy1dtmXm

— Blockchainedbb (@blockchainedbb) June 4, 2024

Prolonged Consolidation Phase

XRP has been trading within a tight range, with its price fluctuating between $0.48 and $0.54 since April 24. This consolidation phase has been marked by higher lows and lower highs, forming a symmetrical triangle pattern. Despite significant buying activity from large investors, XRP’s price has remained relatively stable,.

Potential for a Significant Rally

Blockchainedbb emphasized that long periods of consolidation often lead to significant price movements once a breakout occurs. The analyst suggested that a breakout above the $0.52 level, followed by a retest of this range, could provide a strong entry point for long-term investors. This type of breakout is seen as a shift in market sentiment, potentially leading to sustained price increases.

Symmetrical Triangle Pattern

The symmetrical triangle pattern observed in XRP’s price chart has been forming for months, indicating a period of indecision among traders. This pattern is characterized by converging trend lines, with the price making higher lows and lower highs. Analysts believe that a breakout from this pattern could lead to a substantial price rally.

Expert Projections

World Of Charts, another respected analyst, projected that XRP’s price could surge to $2.37 following a breakout from the symmetrical triangle. While current price movements have been relatively modest, with XRP trading at $0.5262 and showing a slight increase of 1.48%, the potential for a significant rally remains.

$Xrp#Xrp Still Trying To Clear Multi Year Symmetrical Triangle Expecting Successful Breakout Soon After Successful Breakout Expecting Massive Bullish Wave In Coming Months#Crypto https://t.co/KIWel0U5Z5 pic.twitter.com/fRKM5WbZk9

— World Of Charts (@WorldOfCharts1) March 6, 2024

Market Sentiment and Future Prospects

As XRP continues to float around the $0.52 level, the crypto community is keenly observing whether the anticipated breakout will materialize. A successful breakout could signal a shift in market sentiment, attracting renewed interest from traders and investors. However, it is essential for investors to wait and see if the breakout leads to sustained price gains, as urged by Blockchainedbb.

XRP’s prolonged consolidation period and the formation of a symmetrical triangle pattern suggest that a significant price movement could be on the horizon. Analysts remain optimistic about the potential for a substantial rally, provided that XRP breaks out of its current range and holds above the crucial $0.52 level.

Read also

Dogecoin Consolidation: Symmetrical Triangle Signals Potential Reversal

XRP’s Next Move: Analysts Eye Major Breakout Amidst Consolidation

Polygon Primed for a Major Rally After Triangle Breakout

Prolonged Bitcoin Undervaluation: Is a Massive Bull Run on the Horizon?

Cardano: Impending Breakout Signals High Stakes for Investors!

The post XRP Approaches Potential Breakout After Prolonged Consolidation appeared first on Crypto News Land.

Singapore, Singapore, June 5th, 2024, Chainwire

Ambitious 2024 Roadmap Includes 8x Improved Throughput, zkAuth for Web2 ID, Major Grants

Moonbeam Network, a smart contract platform for building cross-chain connected applications, announced the ‘Moonrise’ initiative anchored by a 2024 Product Roadmap that includes the introduction of parallel processing to improve throughput by 8 times, upgrading ecosystem integration, improving the developer and user experience, and more. Moonrise signals the next phase in evolution for Moonbeam and canary network Moonriver, which is incorporating Axelar bridging technology.

More than two years since its mainnet launch in January 2022, Moonbeam is well-established as the leading solution for integrating networks such as Polkadot, Ethereum and the broader EVM ecosystems. The 2024 Roadmap demonstrates Moonbeam’s dedication to continually improving its cutting-edge performance and experience for developers and users.

The Moonrise initiative is reflected in a comprehensive rebrand of Moonbeam’s look, underscoring how Moonbeam is more than a chain. It’s a hub for developers, Web3 enthusiasts, interoperability supporters and more.

“We’re beyond excited to reveal Moonbeam’s new look in conjunction with our ambitious plans for 2024. This year we are implementing improvements, upgrades and announcements to all facets of the Moonbeam and Moonriver networks,” said Aaron Evans, Head of Operations at Moonbeam Foundation. “As our passionate community of supporters knows, Moonbeam is a modern blockchain with features for developers and users that are still just a dream for other networks that remain in testnet phase.”

A lynchpin of the 2024 Roadmap is enhancing the core protocol with the introduction of asynchronous backing, a form of parallel processing that will quadruple block space and halve block times to 6 seconds, resulting in an 8x increase in overall throughput for Moonbeam.

More improvements include ensuring compatibility and seamless interoperability with Ethereum’s gas-saving Dencun upgrade, substantial upgrades to the UX for Moonbeam Routed Liquidity, and improvements to governance mechanisms.

Other highlights include:

Ecosystem Integration: Glacis integration for reliable cross-chain transactions, Tanssi integration for appchain deployments, revitalized Moonriver with Axelar’s Amplifier program for bridging and a v3 AMM liquidity program.

Developer Tools: Governance tracks for dApps, support for EIP-4337 Account Abstraction, expanded tooling integration for ease of development, deployment, and debugging/monitoring.

User Experience: Zero Knowledge Initiative (zkAuth) for Web2 authentication, tokenomics incentive updates, and streamlined stablecoin flows.

The series of initiatives will begin rolling out immediately and will continue to be deployed through Q3 and Q4 of 2024, and into 2025.

To check out Moonbeam’s new website and follow the network’s upcoming developments, see: https://moonbeam.network.

About Moonbeam Network

Moonbeam is a smart contract platform for building cross-chain connected applications that can access users, assets, and services on any chain. By uniting functionality from Ethereum, Cosmos, Polkadot and more into a single platform, Moonbeam solves today’s fragmented user experience — unlocking true interoperability and paving the way for the next generation of applications. The Moonbeam platform uses integrated cross-chain messaging to allow developers to create smart contracts that access services across many remote blockchains. This approach, plus Moonbeam’s developer-friendly EVM platform, vast tool support, and modern Substrate architecture, creates the ideal development environment for building connected applications.

Social media links: 

Website | YouTube | GitHub | Telegram | Medium | X | Discord

Contact

Patrick BrendelSCRIB3patrick@scrib3.co

The post ‘Moonrise’ Initiative Signals Next Phase in Evolution for New-Look Moonbeam Network in Polkadot Ecosytem appeared first on Crypto News Land.

Bali, Indonesia, June 5th, 2024, Chainwire

Mandala Chain: Real World Utility & Adoption, Starting in Indonesia

Mandala Chain, a Polkadot parachain that seamlessly integrates government and enterprise applications with public and retail sectors, has released details on their initial partnerships and use cases. The inaugural use case, IDCHAIN, is in collaboration with the entity overseeing Indonesia’s top-level .id web domain. This initiative aims to introduce over 10 million new wallets, significantly impacting digital identification in Indonesia.

IDCHAIN: Pioneering Digital Identity Solution

IDCHAIN, built on top of Mandala Chain, is designed to create secure digital identity infrastructure on the .id domain, allowing users to store identity documents and interact with government and enterprise portals. 

The implications of this are profound. Indonesia’s second-level domains .go.id (government) and .co.id (business and banking) currently have over 100M active unique users. IDCHAIN turns these second-level domains into web3-enabled portals that prompt users to create their digital ID when interacting. Applications include banking, healthcare, insurance, and academic institutions – revolutionizing multiple economic sectors across SE Asia. 

IDCHAIN forms a crucial data infrastructure layer for Mandala Chain that will support a host of new use cases. Several pilot projects have already been secured that will leverage the technology stack for other DApps and L2s to launch on Mandala Chain. These include:

Banking: Mandala Chain is collaborating with over 90 banks to place data and transactions on-chain, initially adding 40,000 new wallets.

Healthcare: Partnering with 20+ hospitals to secure medical data and insurance on-chain, projected to add 900,000 new wallets to start.

Gold Tokenization: Working with a major Indonesian gold corp with $500M in gold reserves to explore tokenization options, onboarding approximately 300,000 new users.

Infrastructure: MOU signed with the largest Indonesian data infrastructure providers to explore multiple blockchain applications.

Product Authenticity: Collaborating with BKRAF to create authentication certificates for artist IP and products, a TAM of over 80 million products.

Awakening Southeast Asia’s Sleeping Giant

Mandala Chain has elected to focus on Indonesia as the initial market for rolling out their initial use cases. With the fourth largest population globally, Indonesia is projected to have the fourth largest GDP by 2040 behind only China, India, and the USA. The potential for growth here is nearly unparalleled.

The Indonesian government has prioritized blockchain as a core infrastructure in its Digital Vision 2045 framework. With an average age of under 30 years, Indonesia has a young, tech-savvy population likely to adopt blockchain technology. Mandala Chain is positioned to be at the forefront of this explosion in blockchain adoption.

About Mandala Chain

Mandala Chain secured a Polkadot Parachain in April 2024 with over $1.2M bonded by the public at the time of auction. Testnet will be live in June, and a token generation event is planned for September 2024, strategically timed for when Mandala Chain will be a co-title sponsor at Coinfest, one of SE Asia’s largest Blockchain conferences.

Contact

Co-FounderMathew PaulMandala Chaininfo@mandalachain.io

The post Introducing Mandala Chain, The Polkadot L1 Targets 10M+ New Wallets in Indonesia appeared first on Crypto News Land.

BNB’s price skyrockets, exceeding $700, fueled by robust activity on Binance Launchpool and Launchpad.

Record-breaking surge boosts BNB’s market capitalization to $103 billion, marking a phenomenal YTD growth of 132%.

Options trading, particularly with strike prices between $550 to $650, adds to BNB’s market dynamics.

The price of Binance Chain’s native BNB token surged by 11% over the past 24 hours, exceeding $700. This rise in esteem paralleled increased movement on the BNB network, strikingly through the Binance Launchpool and Launchpad platforms.

On Wednesday, June 5, the BNB token soared to a new all-time tall of $711.5. This price surge too boosted BNB’s trade volume by 37% within the past 24 hours, about hitting $4 billion. This critical surge boosted BNB’s market capitalization to $103 billion, coming full circle in an impressive year-to-date (YTD) execution of 132%.

BNB reached over $700, hitting a new ATH! pic.twitter.com/11LJonDR9U

— Binance (@binance) June 5, 2024

One of the driving forces behind the BNB price increment is the heightened activity on the BNB network, especially through the Binance Launchpad and Launchpool platforms.

Binance Launchpool permits users to stake their cryptocurrency in exchange for recently issued tokens, basically letting them earn new tokens as rewards for staking BNB or other cryptocurrencies on the Binance network.

Meanwhile, Binance Launchpad is an initiative by Binance outlined to assist blockchain firms raise capital through token sales. It provides a platform for new projects to launch their tokens.

Through these two platforms, users can lock BNB tokens to participate in airdrops and new token launches. The latest launch that has attracted attention is the Telegram-based game token, namely Notcoin (NOT). Strong participation in the launch of this token further increases demand for BNB tokens in the market.

Options traders in the derivatives market also influence BNB price dynamics. Currently, there is $7.5 million worth of open interest in options worth BNB.  A total of 11,250 options were recently traded, contributing to BNB’s popularity and growth. This strategic trading activity shows that traders are actively engaging with BNB, adding to market momentum.

BNB’s future in crypto is promising. It’s soared past $700, cementing its role in the market. With Binance’s expanding ecosystem and innovative projects like Launchpad, BNB is set for sustained growth. As crypto adoption rises globally, BNB offers investors exciting opportunities, contributing to the digital economy’s evolution.

Read Also

Maverick Protocol (MAV) Arrives on Binance Launchpool

BNB Price Rally Continues With Record-Breaking 4M User Surge

Why Is SUI Token Gaining Traction in the Crypto World?

Market Analysis: Can BNB Reclaim $600 in 2023’s First Quarter?

BNB Bulls vs Bears: Can BNB Overcome Resistance at $345 and Surge Past $400?

The post BNB Token Surges Past $700: Record Price Highlights Explosive Growth on Binance Network appeared first on Crypto News Land.

Cryptocurrency industry faces a critical security vulnerability due to a major vendor breach.

Incident underscores the urgent need for industry-wide reform and heightened security measures.

Breach prompts crypto companies to reassess security practices and invest in proactive defense strategies.

In a major recent development, it has been confirmed that a major vendor in charge of mailing lists for several cryptocurrency companies has been compromised, bringing the crypto sector into worries of customers’ data breaches.

BREAKING ALERT: @coingecko Founder and @Tether_to CEO have reported a supply chain email breach affecting multiple crypto companies, cautioning users to beware of phishing emails about fake token launches. pic.twitter.com/JCEwRaRtLE

— SolanaFloor (@SolanaFloor) June 5, 2024

Sensitive information may have been compromised by this breach, which might have triggered a wave of fraudulent emails offering cryptocurrency airdrops. Hackers could use the stolen information to trick people into falling for scams, which would be a major setback for crypto industry credibility and safety.

The CEO of Tether, Paolo Ardoino, commented on the situation, stating that they received information from two separate sources indicating that a well-known vendor that cryptocurrency companies use to maintain their mailing lists may have been compromised.

Ardoino urged the community to be extremely cautious of such cryptocurrency scams, however he did not reveal the vendor’s identity. He emphasized the importance of closely examining any unsolicited emails and cautioned against  clicking on links from anonymous senders.

 The leadership of Tether is actively working to reduce the impact of this breach and is pushing for measures to be tightened across the entire industry in order to protect its customers .

Bobby Ong, co-founder of CoinGecko, provided further details on the breach, revealing that an email newsletter vendor is in fact the target of the supply chain email breach attack. These fraudulent notifications promoting fake token launches could have an impact on a number of cryptocurrency companies.As the investigation unfolds, the cryptocurrency community is on high alert. The present situation serves as a clear reminder to all cryptocurrency companies to evaluate and strengthen their email security protocols in order to safeguard their users against similar threats in the future.

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The post Crypto Data Breach Unveils Vulnerability in Crypto Infrastructure: A Wake-Up Call for Industry Standards appeared first on Crypto News Land.

Solana investors are casting their eyes on emerging altcoins as the market heats up. With the bull run in full swing for 2024, attention is shifting to lesser-known yet promising tokens. These new contenders are generating buzz and capturing interest. The aim is to uncover the potential gains and the excitement around these rising stars.

CYBRO Gets on Crypto Whale’s Radar with Presale of Its Tokens

CYBRO is a new aggregator platform for enhanced crypto earnings on the Blast blockchain, which is famous for its generous yield for ETH and stablecoins. It plays a crucial role in Blast’s ecosystem, helping users get the most of this advantage. Currently, CYBRO runs a presale of its native tokens at just $0.025, an astounding 58% discount from its future listing price, which will give a 300% ROI.

Notably, all presale participants investing at least $1,000 in CYBRO at this stage will receive a unique opportunity to boost their profits with weekly ETH rewards, available for withdrawal post-TGE. There is a rumor that an ETH whale, attracted by this tempting offer, is considering buying a hefty scoop of $CYBRO tokens to secure a place in this promising project. Only 21% of the total supply is allocated for the presale, and around 25 million tokens have already been sold out.

Buy $CYBRO at 58% Discount While You Can – The Supply is Limited!

Holders of CYBRO tokens will get staking rewards, an exclusive Airdrop, marketplace cashback, reduced trading and lending fees, and the in-house insurance program.

CYBRO will enable crypto growth through diverse investments within the Blast ecosystem and beyond, offering strategies from conservative to high-yield. It prioritizes maximizing returns with efficient crypto transactions. The future improvements include AIBroker for chatbot-assisted investments and One-Click Investment for optimizing yields via DeFi and CeFi integration.

Grow Your Crypto Portfolio with CYBRO! Join NOW for Future Returns up to 300%!

Aptos (APT) Price Analysis and Prediction

Aptos (APT) trades between $8.57 and $9.51, showing minor dips and gains. The recent data indicates a sideways movement with a 1-week price change of -1.16% and a monthly change of -0.17%. Over the past six months, APT gained 16.26%, but currently, the price is in a consolidative, non-trending phase. The current nearest resistance is $10.09, and support levels are at $8.21 and $7.27. The Relative Strength Index (RSI) is 60.54, suggesting the price is in a neutral to moderate bullish condition.

Uniswap (UNI) Price Overview and Prediction

Uniswap (UNI) is trading within a range of $8.68 to $10.82. Over the past week, the price has changed slightly by 0.42%, while the past month saw a significant increase of 46.69%. Looking back six months, UNI’s price jumped 76.92%. The current price range suggests a corrective move as it’s below the nearest resistance at $12.23 but above the nearest support at $7.95. Factors like the RSI of 59.05 and the MACD of 0.32 hint at potential stability.

Toncoin (TON) Price Overview and Prediction

Toncoin (TON) is currently in a price range of $6.37 to $7.14. With a strong price increase of 25.50% over the past month and 15.79% in the past week, TON is showing impulsive moves. The nearest resistance level stands at $7.46 while support is at $5.91. The Relative Strength Index at 64.35 suggests bullish momentum. Considering its 6 months price change of 229.21%, TON is likely to continue an upward trend in the near term.

NEAR Protocol Price Overview: Correction After Strong Growth

NEAR Protocol (NEAR) is trading between $6.86 and $7.76. The coin has seen a 1.56% drop over the last week but a 1.07% rise in the past month. Over the last six months, it skyrocketed by 233.44%. Current indicators show the price is in a corrective move, with resistance at $8.32 and support at $6.52. Keep an eye on the RSI at 64.52, hinting that it is nearing overbought conditions.

Conclusion

APT, UNI, TON, and NEAR show less potential in the short term. The focus shifts to CYBRO, a unique earn marketplace using the Blast blockchain’s yield potential. Set for release in Q2 2024, CYBRO presents investors with an opportunity to join its token presale on favorable terms.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Solana Investors Are Watching These Rising Altcoin Stars appeared first on Crypto News Land.

US politicians demand President Biden’s intervention for the release of Binance executive Tigran Gambaryan from Nigerian custody.

Gambaryan’s reported illness without proper medical care adds urgency to the call for his release.

Leaders say that Gambaryan is being accused of unfounded crimes by Nigerian authorities.

US political leaders are pressuring President Joe Biden to get in the case of Tigran Gambaryan, a Binance executive who is being held in Nigeria, amid growing hostilities between Binance and Nigerian authorities. It has been stated that Gambaryan is suffering from malaria and is not receiving proper medical care, which raises concerns for his health.

The Call for Action

The demand for Gambaryan’s release reflects concerns over his health and the legality of his detention. US politicians assert that Nigerian authorities have levied unfounded charges against Gambaryan, adding weight to the call for his immediate release.

NEW: House members including Chairman @RepMcCaul of the @HouseForeignGOP have sent a letter to @POTUS, @SecBlinken and @StateSPEHA urging them to bring detained @binance employee Tigran Gambaryan home. According to the letter, Gambaryan has contracted malaria and is being… pic.twitter.com/XCRyS8IPUT

— Eleanor Terrett (@EleanorTerrett) June 4, 2024

Tigran Gambaryan and Nadeem Anjarwalla, executives of Binance were detained by Nigerian police in late February 2024 on suspicion of Binance’s involvement in an illicit $26 billion transaction. The executive’s passports were seized, and he was placed under arrest.

The case of Tigran Gambaryan represents a shift from diplomatic tensions to humanitarian advocacy, while the broader Binance-Nigeria dispute remains unresolved, the focus on Gambaryan’s health and legal rights emphasizes the human dimension of the conflict.

Gambaryan collapsed in court last week when he was brought in for his trial because of serious health issues. The executive’s illness was later suspected to be malaria. Yuki Gambaryan, the spouse of Gambaryan, filed a complaint alleging that her husband was not receiving proper care from Nigerian authorities, even after a court order.

Read Also:

The post US Politicians Urge Biden to Help Detained Binance Executive in Nigeria appeared first on Crypto News Land.

Tortola, British Virgin Islands, June 5th, 2024, Chainwire

Nibiru EVM execution boasts blazing-fast transaction speeds, scalability, and seamless integration for Ethereum developers, positioning Nibiru to drive mainstream adoption and innovation in Web3. 

Overcoming Ethereum’s Scalability Hurdles

Nibiru Chain, a pioneering smart contract ecosystem, introduces Nibiru EVM, a high-performance Ethereum Virtual Machine (EVM) execution environment, showcased in its latest v2 release.

Nibiru plans to scale beyond Ethereum’s current infrastructure, which is limited to approximately 20 transactions per second (TPS) and results in high fees during periods of congestion. These constraints hinder developers from building performance-intensive applications similar to the ones seen in Web2. Nibiru EVM surpasses these limitations by offering throughput exceeding 10,000 TPS even with just single-threaded execution.

To take the scaling and performance a step further, Nibiru plans to upgrade the network to process transactions with parallel optimistic execution, which is “targeted for release before the end of 2024,” according to Co-Founder of Nibiru, Unique Divine. This approach allows nodes to utilize extra hardware resources, pushing the boundaries on the network’s transaction handling capabilities.

Fueling Ecosystem Expansion and Enhanced Developer Experience

“Compatibility with Ethereum is a key driver for attracting liquidity and promoting ecosystem growth on Nibiru EVM. Launching a blockchain protocol is about building trust and showcasing real-world utility. Innovating and improving the EVM is a key part of our strategy,” explains Unique.

With Ethereum developers accounting for applications that make up over 90% of the total value locked (TVL) across smart contract ecosystems, Nibiru EVM significantly lowers barriers to entry and accelerates development timelines.

Nibiru EVM empowers developers with a robust, user-friendly environment that enables seamless interaction between Ethereum-based tokens and applications across multiple virtual machines. This multi-VM approach ensures fast transaction processing and a streamlined user experience.

Ethereum developers are able to deploy applications in a familiar EVM environment, reducing barriers to entry and accelerating development timelines, whilst also reaping the benefits of parallel optimistic execution and instant finality.

Nibiru in Early Innings

Since its mainnet launch in March 2024, Nibiru has supported Wasm (Web Assembly) smart contracts written in the Rust programming language. The introduction of Nibiru EVM promises developers an EVM-compatible execution environment that is both highly performant and scalable. Positioned to play a crucial role in the future of decentralized applications, Nibiru is driving innovation and setting the stage for mainstream adoption.

About Nibiru

Users can stay up-to-date on the latest news or engage with Nibiru by visiting the Community Hub. Users can find the official web application and information on user guides, block explorers, and upcoming governance and improvement proposals. 

Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, and value accrual.

Contact

PR & Media Inquiriesmedia@nibiru.org

The post Nibiru EVM to Transform Ethereum Capabilities for Tomorrow’s Web3 appeared first on Crypto News Land.

In the heat of the 2024 bull run, savvy investors seek hidden opportunities to maximize returns. 

Discover some lesser-known but promising crypto picks that could yield significant gains. This guide dives into unconventional choices that stand out from the usual crowd, offering fresh insights for strategic moves in the market. Stay ahead by exploring these potential game-changers.

CYBRO Presale Runs Fast with 25M Tokens Already Sold Out

CYBRO is a one-of-a-kind marketplace that amplifies the native yield potential of the Blast blockchain. CYBRO offers early investors to enter the project on favorable terms by joining the CYBRO token presale.

At this stage, CYBRO tokens are available at discounts of over 2 times off their future market price, generating a generous ROI of 300%. The supply of the tokens is limited, and nearly 25M tokens have already been sold out. The earlier you buy, the bigger discount you get. Additionally, those investing a minimum of $1,000 in CYBRO during the presale will unlock weekly ETH rewards, available for withdrawal after the TGE.

Buy $CYBRO at the Best Price NOW to Secure 300% Profits

The CYBRO token will unlock cashback in CYBRO, discounted fees for trading and lending operations, staking rewards, an exclusive Airdrop, and the Insurance Program. This solid utility will set a strong base for CYBRO to rise in value post-TGE in Q3 2024.

With CYBRO, you can grow your crypto by investing in various vaults on Blast, the only Layer 2 blockchain to offer default yield for ETH and stablecoins staking. CYBRO’s ultimate goal is to provide users with the highest returns possible for each strategy, while ensuring a simple and transparent interface.

Secure Your Place in CYBRO at 58% Discount Today! Offer is Limited!

Optimism (OP) Price Analysis: Short-term Volatility, Long-term Strength

Optimism (OP) is currently trading in the $2.26-$2.57 range. Despite a one-week decline of 1.44% and a steeper one-month drop of 13.48%, OP has seen a positive six-month change of 15.60%. Its RSI of 67.43 and Stochastic of 88.83 suggest it’s close to overbought territory. Trading near its 10-day and 100-day moving averages indicates a consolidation phase. Given this, OP’s price is in a corrective move.

Injective (INJ) Price Outlook: Current Trends and Future Expectations

Injective (INJ) is showing steady performance with a current range between $22.99 and $26.33. It’s hovering close to the Simple Moving Average of 10 days at $25.90. The coin’s Relative Strength Index is at 62.47, suggesting some upward momentum. With a one-month price increase of 8.07% and a six-month change of 43.24%, INJ is in an impulsive move. The nearest resistance is at $28.43, while the support stands at $21.75.

Arbitrum (ARB) Price Prediction: Near-Term Moves and Key Levels

Arbitrum (ARB) is currently trading in the range of $1.04 to $1.22. Over the past week, the price dropped by 6.43%, but it saw a 4.80% gain over the last month. With the RSI at 62.10 and Stochastic at 89.82, the coin is in an impulsive move. Watch for resistance at $1.34 and $1.53, and support at $0.98 and $0.79. The 10-day and 100-day simple moving averages are both $1.12, signaling a balance in market momentum.

Jupiter (JUP) Price Overview and Near-Term Prediction

Jupiter (JUP) is currently priced between $1.01 and $1.17. Over the past week, its price has changed by 0.33%, and in the past month, it has increased by 8.52%. The coin has surged by an astounding 3765% over the last six months. JUP faces immediate resistance at $1.28 and support at $0.95. With a 10-day simple moving average of $1.16, the coin is in impulsive moves.

Conclusion

OP, INJ, ARB, and JUP have less potential in the short term. However, CYBRO stands out as a strong contender. It uses the native yield features of the Blast blockchain. The first release of CYBRO is set for Q2 2024. Joining the CYBRO token presale now offers a great chance for early investors.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post The Maverick’s Guide to Crypto Investing: Outsmart the Market with These Under-the-Radar Picks appeared first on Crypto News Land.

JasmyCoin community foretells the prophecy of JASMY flipping Cardano (ADA).

This cycle could very well see JASMY flipping ADA in top crypto market cap ranks.

JASMY is already outperforming ADA and could easily surpass it later in the cycle.

With TON having secured a spot above Cardano (ADA) in CoinMarketCap’s list of top 10 largest cryptos based on market cap, the question arises, what other altcoin could flip Cardano (ADA) this crypto bull cycle? 

I believe that #Jasmy will flip #Ada this year. Here is why: https://t.co/xuNyJQsG3B pic.twitter.com/x5xSn0HtQE

— STEPH IS CRYPTO (@Steph_iscrypto) June 5, 2024

A top contender according to recent token performance is JasmyCoin (JASMY) also known as the Bitcoin of Japan. JASMY has seen an impressive growth in the last month alone mostly inspired by its latest collaboration announcement pertaining to Apple.

In detail, JasmyCoin technology is integrated with Japan’s My Number Card, a digital ID feature. The feature will be integrated onto Apple iPhones starting next Spring which means JASMY technology will soon be present in Apple products. 

Indeed, this bullish news fuels an entirely new bullish sentiment in the JASMY and crypto community which was almost immediately reflected on the JASMY price. Within an hour of the announcement JASMY price shot up by 20% and 40% within a day. The asset has now gone up by almost 100% over the last 30 days.

Similar price action has not been seen for ADA over the entirety of the last year. Cardano (ADA) set an ATH at $3.1 last crypto cycle and sentiments for a new ADA ATH prevails but is not as enthusiastic as that of JASMY beating its previous ATH of $4.99. 

The Apple partnership set net ATH expectation for JASMY at $5 to $10. The leaders of the project see JASMY price hitting $17 by 2026. While ADA holders and the ADA team are patiently waiting for a price surge as the blockchain continues to build, momentum for the asset seems to have slowed down. 

https://x.com/JASMY45725535/status/1798134074038784393

Furthermore, the price of JASMY is currently at $0.03 at a market cap of $1,910,307,690. In comparison, the price of ADA is at $0.46 with a market cap of $16,439,984,214 according to CoinMarketCap analytics. This means JASMY has a very high possibility of flipping ADA this crypto bull cycle fueling bullish sentiment for JASMY price all along.

Read Also

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Bullish JASMY Sentiment Accelerates JasmyCoin’s Price Trajectory to Hit $1-$5 Soon, Will JASMY Surpass $10?

JASMY Destined to Break Top 10 Crypto in the Market, Says Crypto Expert, Can JASMY Break $10?

The post JASMY vs ADA Showdown Imminent, JasmyCoin Could Flip Cardano and Take Over Rank 10 Spot of Largest Crypto Market Cap appeared first on Crypto News Land.

TON has taken rank 9 in the top 10 largest market cap cryptos worldwide.

The altcoin has set new standards for the ongoing bull cycle and shows bullish signs.

The asset could pump to $30 if it gains Binance and Coinbase spot trading listing.

The Open Network (TON) has set a new and higher standard for this crypto bull cycle. Having just secured a rank in the top 10 largest cryptos globally according to market capitalization, TON has come a long way so far. 

Toncoin (TON) is a cryptocurrency and the native token on The Open Network blockchain platform. It handles operations and transactions and is used on-chain for games and even as collectibles to build on the TON ecosystem.

The TON ecosystem is home to many prominent and popular crypto projects all geared towards interesting niche sectors. The most notable in the NOT token, which just like TON has also exponentially in the crypto market. 

Both assets grew in a short time and are slowly climbing up the ranks. While NOT is already listed on Binance, TON is yet to make its debut on more mainstream tier-1 crypto exchanges including Coinbase and Binance.

Presently, according to CoinMarketCap analytics, the price of TON is at $7.39 and the asset is up by 6.7% in the last 24 hours and up by 21% in the last 30 days. It boasts a market cap of $17,845,065,046 and a 24 hour trading volume of $539,753,271.

Similarly, the price of NOT stands at $0.02% and the asset is up by over 300% in the last 14 days. It boasts a market cap of $2,286,839,382 and has a 24 hour trading volume of $1,947,754,783. 

The reason behind NOT’s explosive performance is likely due to the fact that it is listed on Binance. While the two assets share similar listings TON is not yet listed on Binance which, when listed, could lead to an explosive price pump for TON.

If TON can manage to list of Binance and Coinbase along with the spot trading option then the possibility of a parabolic pump becomes more plausible for TON. So much so, that the price of TON could hit or surpass $30.

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The post TON Price Could Surpass $30 Following a Parabolic Pump From Hopeful Binance and Coinbase Spot Trading Listing appeared first on Crypto News Land.

Lido DAO (LDO) facilitates Ethereum staking, boasting a staggering TVL of $36.322 billion.

Rocket Pool (RPL) offers innovative Ethereum staking solutions, accumulating a TVL of $4.615 billion.

Jito (JTO) introduces liquid staking for Solana, with a TVL of $1.854 billion.

Staking cryptocurrency is a well known approach for creating passive income.The nearness of fluid staking empowers investors to proceed utilizing their assets while generating returns.  In the last 24 hours several liquid staking tokens stood out in the market. There are three most popular liquid staking tokens based on their TVL amount recorded on the DeFiLlama page.

Lido DAO (LDO) – TVL : $36.322 Billion

According to DeFiLlama information, the total value locked (TVL) inside Lido DAO ($LDO ) amazingly comes to $36.322 billion. At display, the LDO token is esteemed at $2.26, culminating in a market capitalization of $2.023 billion inside the final 24 hours.

Operating as a decentralized autonomous organization (DAO), Lido specializes in staking infrastructure across diverse blockchain systems. One of its essential offerings incorporates a fluid staking arrangement for Ethereum, encouraging users to stake their ETH and acquire stETH (Lido staked ETH) tokens in exchange, alongside staking rewards.

Rocket Pool (RPL) – TVL : $4.615 Billion

Rocket Pool has amassed a Total Value Locked (TVL) coming to $4.615 billion. With its present trading price standing at $20.93, the market value of RPL sums to $426 million in the past 24 hours.

Distinguishing itself from traditional staking platforms, Rocket Pool enables users to collectively pool their Ethereum (ETH) and operate a validator node on the Ethereum 2.0 network. This innovative approach allows participation in the staking process without necessitating the entire 32 ETH usually required to host a validator node.

Additionally, Rocket Pool has introduced the “rETH” token, rewarding users who stake Ethereum on its network. These rETH tokens represent user ownership in the pool and may be exchanged or transferred without relying on the underlying ETH, giving players liquidity and flexibility.

Jito (JTO) – TVL : $1.854 Billion

Jito’s total value locked (TVL), as documented on the DeFiLlama page, is around $1.854 billion. JTO is currently trading at $3.72, with a market capitalization of $454 million over the previous 24 hours.

Jito (JTO) is an innovative liquid staking mechanism for Solana that pays its holders in Maximum Extractable Value (MEV).  Jito, short for “Joint Token”, provides users with a unique opportunity to stake their SOL tokens through staking pools and receive JitoSOL tokens in return.

 This token not only offers liquidity but also combines staking rewards with MEV rewards, maximizing profits for holders while contributing to the decentralization of the Solana network.

Regarding the future of LDO, RPL, and JTO in the crypto industry, it’s essential to highlight their innovative approaches to staking and the growing demand for such solutions. As more investors seek ways to earn passive income without sacrificing liquidity, these tokens are likely to remain at the forefront. Their ability to adapt to evolving market dynamics and integrate with different blockchain ecosystems positions them positively for sustained growth and adoption.

Read Also

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Strategies for 10X Growth in the 2024 Boom

The post LDO, RPL, and JTO: The Definitive Guide to Maximizing Returns in Liquid Staking appeared first on Crypto News Land.

Tether invests $18.75M in XREX Group, bolstering innovation in transactions.

XREX aims to revolutionize financial transactions with Tether’s backing.

XAU1 introduces a stablecoin alternative, underpinned by Tether Gold, facilitating stability.

Tether has recently announced that it will invest $18.75 million in XREX Group in an effort to further enhance the efficiency of cross-border transactions. 

TETHER INVESTS $18.75M IN TAIWAN-BASED XREX CRYPTOCURRENCY EXCHANGE– Stablecoin issuer Tether has announced an $18.75 million investment in XREX Group, a Taiwan-based cryptocurrency exchange.– This strategic move aims to enhance cross-border business-to-business payments in… https://t.co/swTBeM7985 pic.twitter.com/kVyuaDYS4g

— BSCN (@BSCNews) June 5, 2024

This move demonstrates Tether’s dedication to supporting innovation in the global payment ecosystem. The investments’ aim is to strengthen the infrastructure that supports international remittances and facilitates smooth transactions worldwide.

The partnership will specifically concentrate on developing regulatory technology and enabling cross-border remittances based on USDT, especially in developing nations. 

Tether’s strategic investment of $18.75 million in the blockchain-enabled financial institution XREX Group highlights a collaborative effort to promote innovation in the digital asset space.

Equipped with Tether’s funding, XREX is ready to transform financial transactions by providing businesses with compliant, USDT-based cross-border B2B payments in emerging markets. These payments will be more efficient, easier, and maybe cheaper for businesses.

Additionally, XREX and the Unitas Foundation will launch XAU1, a stablecoin pegged to the US dollar that is unitized with Tether Gold (XAUt). This stablecoin alternative seeks to provide a hedge against inflation, giving businesses and users a more stable financial instrument.

In addition to supporting innovation in Regulatory Technology, the partnership between XREX and Tether will improve solutions that detect and prevent the illegal use of stablecoins.

Tether’s CEO, Paolo Ardoino, expressed excitement about the strategic investment and emphasized how it could advance financial inclusion in developing countries. He gave a brief overview of upcoming creative projects, such as the Unitas Foundation’s creation of a new unitized stablecoin and the USDT-based cross-border payment facilitation.

With Tether’s large investment and XREX’s dedication to innovation and legal compliance, the partnership has the potential to completely change the cross-border transaction market and establish new standards for  financial accessibility and efficient operation.

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Tether Integrates USDT and XAUT on TON Blockchain

The post Tether’s $18.75M Investment Accelerates Innovation at XREX Group, Reshaping Transactions appeared first on Crypto News Land.

After BlackRock’s latest update, the potential launch of U.S. spot Ethereum ETFs by late June seems more likely. These ETFs could push ETH prices higher or apply downward pressure. Meanwhile, Uniswap’s price surged to $9.67 due to market buzz about the first spot Ethereum ETF approval.

However, the spotlight is shifting to BlockDAG following its Keynote 2 event. This event showcased the innovative X1 Miner app and BlockDAG’s strategic milestones. With a presale exceeding $41.9 million and a current price of $0.0095, BlockDAG is projected to hit $20 by 2027, making it a top presale cryptocurrency and attracting significant interest.

BlackRock Moves Forward with Spot Ethereum ETF Amid Launch Hype

The launch of U.S. spot Ethereum ETFs by late June seems increasingly likely after BlackRock updated its Form S-1 for its iShares Ethereum Trust (ETHA). This comes after the SEC approved BlackRock’s 19b-4 filing. Bloomberg analysts view this as a positive sign of cooperation between issuers like BlackRock and the SEC, predicting a potential launch by the end of June.

BlackRock’s filing included details of a $10 million seed capital investment and in-kind transaction possibilities, though approval remains uncertain. The introduction of spot Ethereum ETFs is expected to drive ETH prices higher but could also pressure prices due to potential outflows from the Grayscale Ethereum Trust.

Uniswap Price Rises Amid Spot ETH ETF Buzz

Since the Bitcoin Halving, Uniswap (UNI) has fluctuated between $8.35 and $6.6. However, in the last week of May 2024, Uniswap’s price jumped to $9.67 due to excitement over the potential approval of the first Spot Ethereum ETF.

This monthly high marks a significant increase from its low of $6.57, showing a shift in Uniswap’s market dynamics. If UNI sustains its breakout at $8.35, buyers might push it towards $13.3 by the end of Q2 2024.

BlockDAG’s Keynote 2 Unveils Revolutionary Updates

BlockDAG’s Keynote 2 has generated buzz in the crypto community, highlighting the debut of the X1 Miner app. Now available in beta for Android and Apple users, this app underscores BlockDAG’s dedication to making advanced technology accessible. The X1 Miner app, with its 50MB download size, lets users mine up to 20 BDAG coins daily.

With its presale reaching $41.9 million and the current price at $0.0095, BlockDAG’s strategic advancements are charting a new course in the crypto world. The X1 Miner app offers user-friendly features like Wireframe & UI Designing and User Onboarding, integrating Wi-Fi connectivity for an enhanced mining experience.

The excitement around BlockDAG is fueled by the unveiling of over 45 updates during the keynote. This leap forward is highlighted by the upcoming documentary and DOXing video, providing a look into the human team behind BDAG and their development journey, promoting transparency and community trust.

Amid these advances, BlockDAG stands out as a leading cryptocurrency poised for significant growth. Experts are optimistic, predicting a potential rise in BlockDAG’s value to $20 by 2027, presenting a promising opportunity for investors drawn to its innovative approach and robust technology.

Conclusion

As the potential launch of U.S. spot Ethereum ETFs by late June gains attention, with mixed expectations on ETH prices, Uniswap’s price has surged to $9.67 amid market excitement.

However, BlockDAG is gaining more focus following its Keynote 2. The event introduced the X1 Miner app beta and highlighted major milestones, pushing presale figures past $41.9 million and setting the current price at $0.0095. With projections estimating its value at $20 by 2027, BlockDAG’s innovative strategies generate significant anticipation, positioning it as a leading presale cryptocurrency.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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The bull run of 2024 has begun, bringing fresh excitement to the crypto scene. Many investors are eager to uncover opportunities that promise significant gains. With so many options available, finding promising altcoins can be a thrilling endeavor. These standout picks may hold the key to remarkable wealth in the evolving market. Read on to discover which altcoins could be worth considering during this vibrant period.

CYBRO Presale Runs Fast with 25M Tokens Already Sold Out

CYBRO is a one-of-a-kind marketplace that amplifies the native yield potential of the Blast blockchain. CYBRO offers early investors to enter the project on favorable terms by joining the CYBRO token presale.

At this stage, CYBRO tokens are available at discounts of over 2 times off their future market price, generating a generous ROI of 300%. The supply of the tokens is limited, and nearly 25M tokens have already been sold out. The earlier you buy, the bigger discount you get. Additionally, those investing a minimum of $1,000 in CYBRO during the presale will unlock weekly ETH rewards, available for withdrawal after the TGE.

Buy $CYBRO at the Best Price NOW to Secure 300% Profits

The CYBRO token will unlock cashback in CYBRO, discounted fees for trading and lending operations, staking rewards, an exclusive Airdrop, and the Insurance Program. This solid utility will set a strong base for CYBRO to rise in value post-TGE in Q3 2024.

With CYBRO, you can grow your crypto by investing in various vaults on Blast, the only Layer 2 blockchain to offer default yield for ETH and stablecoins staking. CYBRO’s ultimate goal is to provide users with the highest returns possible for each strategy, while ensuring a simple and transparent interface.

Secure Your Place in CYBRO at 58% Discount Today! Offer is Limited!

Ondo Price Overview: Is It a Bullish or Bearish Trend?

Ondo (ONDO) is currently in a corrective move with prices ranging from $1.17 to $1.52. The MACD level is -0.002, indicating bearish momentum. ONDO has seen a 10.64% rise over the past week and a massive 62.23% increase over the past month. The coin boasts a staggering 4510% rise over the past six months. The RSI is 39.26, and the Stochastic is 13.74, suggesting the coin might be oversold.

Notcoin (NOT) Price Overview and Prediction

Notcoin (NOT) is currently trading within a range of $0.00945 to $0.03318. The coin has seen a 143% increase in the past week and a 1013% surge over the past month and six months. With the RSI at 43.218 and the MACD at -0.000144, the price is making impulsive moves. Key resistance levels are at $0.043 and $0.066. The 10-day simple moving average is $0.023, indicating potential further gains.

GameStop Crypto Price Overview: Volatile Yet Promising

GameStop (GME) crypto shows a significant rise in value recently. Its current price range is $0.0088-$0.0096. With a 1-week price change of 104.95% and a 1-month change of 90.60%, GME is in an impulsive move. The nearest resistance level is $0.0102, while the support level is $0.0067. The indicators suggest strong momentum but caution is needed.

Arbitrum (ARB) Price Prediction: Near-Term Moves and Key Levels

Arbitrum (ARB) is currently trading in the range of $1.04 to $1.22. Over the past week, the price dropped by 6.43%, but it saw a 4.80% gain over the last month. With the RSI at 62.10 and Stochastic at 89.82, the coin is in an impulsive move. Watch for resistance at $1.34 and $1.53, and support at $0.98 and $0.79. The 10-day and 100-day simple moving averages are both $1.12, signaling a balance in market momentum.

Conclusion

Altcoins like ONDO, NOT, GME, and ARB have shown promise yet may offer less potential in the short-term. The standout opportunity lies in CYBRO. This unique earn marketplace uses the Blast blockchain’s native yield potential. Its first release in Q2 2024 presents a rare chance for early investors. The CYBRO token presale offers an excellent entry point into this groundbreaking project.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

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