In the cryptocurrency sphere, PEPE, Ripple, and BlockDAG are at the forefront of innovation. While PEPE is witnessing a possible 13% decline, investor wariness grows alongside multiple forecasts on PEPE’s price. Ripple, caught in a legal tussle with the SEC, is nevertheless progressing with its improved payment systems and the potential debut of an XRP ETF, a hot topic in Ripple versus SEC debates. On another front, BlockDAG is transforming the crypto world with its state-of-the-art X series miners and a robust ecosystem, amassing over $56.1 million in its presale, and asserting itself as a top investment choice. 

This article delves into these developments and their market implications, offering insights for informed investors. 

PEPE: Surveying the Present Scenario

Recently, PEPE has captured attention, yet analysts foresee a likely 13% decline. Critical technical measures, such as the Relative Strength Index (RSI) and Awesome Oscillator (AO), indicate bearish trends. A rise in profit-taking and a drop in network participation further dampen prospects. PEPE’s value teeters at crucial support levels; a breach here could trigger extensive selling, but stability could foster a rebound. Investors are advised to stay vigilant and track ongoing PEPE price forecasts.

Ripple: Overcoming Legal Obstacles and Enhancing Market Reach

Ripple remains prominent, facing an SEC lawsuit. Despite legal entanglements, significant advancements are underway. Ripple’s President, Monica Long, emphasized a judicial decision that declared XRP, not a security, which permits the expansion of Ripple’s applications. Key initiatives include Ripple’s enhanced payment infrastructure, the RLUSD stablecoin launch, and the anticipated XRP ETF, showcasing Ripple’s dedication to growth despite regulatory hurdles. For potential investors, the unfolding Ripple vs SEC narrative is crucial to follow.

BlockDAG: Poised to Dominate the Crypto Landscape

BlockDAG is quickly becoming a powerhouse in the cryptocurrency market, with its current presale topping $56.1 million. The pioneering X series miners, including the X10, X30, and X100 models, optimize efficiency and scalability—key for profitable mining and significant returns. The X10 miner is compact and accessible, the X30 offers tripled efficiency, and the X100 suits expansive operations. Beyond mining, BlockDAG’s easy-to-use technology for token and NFT creation makes blockchain technology accessible, securing its spot as a leading investment choice.

BlockDAG’s innovative Directed Acyclic Graph (DAG) architecture boosts transaction speeds, achieving nearly instantaneous confirmations. Capable of handling 10,000-15,000 TPS with minimal fees, BlockDAG offers an effective, scalable digital transaction solution. Coupled with strategic marketing and presale triumphs, BlockDAG is distinguished as an excellent crypto investment opportunity. 

The Final Analysis

While PEPE, Ripple, and BlockDAG each have unique strengths, PEPE is bracing for potential falls yet has chances for recovery. Ripple is managing legal challenges and expanding its market footprint. Nonetheless, BlockDAG shines with its cutting-edge technology and solid infrastructure, presenting itself as an irresistible investment prospect. For investors scouting the next lucrative crypto venture, BlockDAG’s successful presale and technological edge mark it as the optimal choice for investment today.

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 Why Investing in BlockDAG with Its $56.1M Advanced Miners Is Superior to PEPE and Ripple Amidst Market Shifts appeared first on Crypto News Land.

Acclaimed investor and crypto whale Raoul Pal has recently shocked the crypto community by shifting his allegiance from Ethereum (ETH) to Solana (SOL). In a recent podcast Raoul stated that Solana is set to lead the rest of this cycle and that he is ‘irresponsibly long’ on the layer-one chain. Solana and its exploding ecosystem of meme-coins such as DogWifHat (WIF) have seen incredible gains this cycle so far.

Another coin that investors are tipping to make incredible returns this year is Rollblock ($RBLK), a new concept in online gambling and gaming. Combining the much-loved format of online casinos with the security and utility of blockchain tech, Rollblock is currently in presale and attracting a huge amount of investor interest. Some experts are tipping RBLK to follow the WIF playbook and make holders gains of up to 50x during the next leg up!

Solana ($SOL) Ready to Ride the ETF Wave

Many insiders believe that Solana (SOL) will be the next cryptocurrency to receive its own spot ETF. With two applications on the SEC’s desk already, it looks like it is only a matter of time before Solana follows Bitcoin and Ethereum later this year. When this happens, the price will break out enormously, the only question being how high. 

If Solana’s price can break out of its current range, then resistance at just over $200 will no doubt see some selling before going on to make new all-time highs. With current levels of adoption and mainstream interest, it is hard to see a long-term bearish scenario for SOL, as Pal has claimed.

DogWifHat (WIF) Makes Astonishing Gains But Has Rally Stalled For Now?

DogWifHat (WIF) has had a difficult six months as its price has fallen over 46% since March. The DogWifHat price seems to have stabilized and if support can be found here at around $1.8 then a relief rally is likely to occur in the short term. With enough momentum DogWifHat’s price could easily reclaim former highs and go on to make new ATHs.

If DogWifHat falls further, then many are calling for further downside, maybe to fall as far as $1. As one of the most infamous meme-coins this cycle, however, DogWifHat is unlikely to stay down for long. But how does DogWifHat compare with Rollblock?

Rollblock ($RBLK) to Dominate Crypto Casino Markets in Coming Months

A new coin just launching is tipped by many to follow a similar trajectory to WIF as it gains market share in 2024. Rollblock ($RBLK) is a new entrant to the $450 billion online gambling market and is set to capture the next generation of crypto native gamers. Based on the Ethereum blockchain, transparency and trust are key to Rollblock’s core values, meaning all bets and transactions are verifiable on-chain. There is no risk of the house tampering with any bets or spreads after they have been placed, giving players full peace of mind.

With no need for any KYC approval on sign-up, new users can simply register an email address and then connect a wallet to get started. There are over 150 games inside, from old favorites such as blackjack and poker to new exclusives such as Crazy Time. Leaderboards and community features will keep players coming back for more.

In-game rewards are paid out in $RBLK, the casino’s native token. Offering great utility, there are many reasons why players will hold these tokens long term, including staking rewards, innovative tokenomics and a unique revenue-sharing system. Each week the casino will use a portion of its revenue to buy $RBLK tokens from the open market, ensuring a steady bid that will support its price.

These tokens are then distributed to stakers, who can earn an amazing APY on their holdings in passive income. The rest are then burnt. This will ensure a deflationary supply over time, which will grow more scarce as the platform becomes more popular.

The token is currently moving through presale, with a current price offer of just $0.015. This price tag will only go up as the sale moves through stages and so investors are moving quickly to bag an allocation and fill their bags before the price starts to moon. Now is the very best time to stack $RBLK before what experts predict might be an 800% move!

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

The post Raoul Pal States Solana To Lead New Crypto Market Expansion, RBLK Set To Follow In WIF’s Footsteps After Bigger Gains Than BONK This Month appeared first on Crypto News Land.

ICP collaborates with UNDP and DFINITY Foundation to enhance financial access for MSMEs worldwide through the UTC initiative.

UTC aims to improve domestic financing for MSMEs and unlock trade financing across countries by fostering cross-border data trust.

DFINITY Foundation will develop a secure data infrastructure for the UTC pilot in Cambodia.

The United Nations Development Programme (UNDP) has partnered with the DFINITY Foundation and ICP to revolutionize financial inclusion for Micro, Small, and Medium Enterprises (MSMEs) worldwide. This collaboration centers around the Universal Trusted Credentials (UTC) initiative.

𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: $ICP partners with UNDP to further develop financial inclusion with Web3!The UN will be using the ICP blockchain to enhance their Universal Trusted Credentials to enhance digital trust for financial inclusion.This is a HUGE move for DFINITY & ICP as it now… pic.twitter.com/vd179bKOev

— Kyren (@noBScrypto) July 5, 2024

A Leap Toward Digital Trust

The UTC initiative seeks to enhance domestic access to financing for MSMEs. Additionally, the UTC framework also unlocks access to trade financing across participating countries by fostering cross-border trust in data. 

This ambitious vision aims to empower MSMEs by stimulating the adoption of digital technologies, including blockchain-based solutions. At the heart of this partnership is the DFINITY Foundation.

This Foundation is popular for providing decentralized computer platforms and digital identity solutions. As the creator and major contributor to the Internet Computer Protocol (ICP), DFINITY brings cutting-edge technology to the table. 

The ICP ensures a decentralized and tamper-proof data infrastructure. This provides the security and transparency essential for the UTC initiative’s success.

Cambodia as the Pilot Ground

The DFINITY Foundation will develop and test the prototype for the UTC initiative in Cambodia. This robust data infrastructure will securely store and manage digital credentials. 

Marcos Neto, UN Assistant Secretary General and Director of UNDP’s Bureau for Policy and Programme Support, emphasizes the significance of this collaboration. He noted that by harnessing cutting-edge technology, we can create a more secure and accessible digital credentialing system that will drive sustainable development and economic growth.

Following the pilot in Cambodia, the project plans to expand to ten countries. Dominic Williams, Chief Scientist and Founder of the DFINITY Foundation stated that they represent the backbone of most economies.

Read Also 

DFINITY Foundation Introduces ICP Asia Alliance and a $20 Million Grant for Blockchain & AI Growth

Internet Computer (ICP) Price Prediction 2022: Is $30 EOY Price Possible?

Binance CEO Says the Priority Is Global Financial Inclusion

Stellar Network Says Blockchain Is Answer for Financial Inclusion 

Internet Computer (ICP) Price Prediction 2023 to 2031: Will ICP Price hit $20 Soon?

The post ICP Partners With UNDP and DFINITY Foundation to Boost MSME Financial Inclusion appeared first on Crypto News Land.

MANTRA and MAG partner to tokenize US$500 million in Dubai real estate, starting with Keturah Reserve.

Investors will gain 8% APY from stablecoins, augmented by MANTRAs native token, OM.

Initial vault over-collateralized by US$75 million mansion at The Ritz-Carlton Residences, Dubai.

MANTRA has announced a strategic partnership with MAG, a prominent UAE developer with a more than $5 billion real estate portfolio. This collaboration aims to revolutionize real estate investment by leveraging blockchain technology and democratizing access to premium Dubai properties.

This alliance represents a significant step forward for both institutions. MANTRA’s blockchain infrastructure will offer a secure and transparent platform for tokenization. MAG will bring its extensive portfolio and expertise to the UAE real estate market.

The initial focus will be on Keturah Reserve, a luxurious residential development in Dubai’s Meydan district. Investors will gain access to this asset class through a secure vault product, which offers an attractive yield stream supported by blockchain technology.

The total value of real estate projects slated for tokenization is structured in multiple tranches, totaling $500 million. This collaboration opens up new investment opportunities for tokenized real estate in the Middle Eastern market, establishing MANTRA and MAG as key regional players.

This venture will set new standards for real estate tokenization, providing global investors with access to premium real estate assets in the UAE. Investors in the vault product will benefit from an attractive reward structure. They can expect to receive an estimated 8% APY generated by stablecoins, augmented by MANTRA’s native token, OM.

The initial vault will be over-collateralized to increase investor protection by a US$75 million mega mansion in the Keturah Resort’s ‘The Ritz-Carlton Residences, Dubai, Creekside development. The project will benefit from MAG’s strong corporate creditworthiness, giving investors a comprehensive layer of security.

The partnership aims to maximize the potential of RWA compliance in the Middle East and beyond by combining MANTRA’s secure RWA-focused blockchain with MAG’s established presence in the UAE real estate market. This partnership paves the way for a more efficient and inclusive financial future, encouraging access to both traditional and innovative investment opportunities.

This collaboration between MANTRA and MAG aims to revolutionize real estate investment by incorporating blockchain technology. Investors can expect a new era of real estate opportunities in the UAE, focusing on security, transparency, and accessibility.

Read Also

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How NOT, OM, and XMR Are Defying Market Trends and Attracting Investors

The 2024 Bull Market Mantra: Adapt or Be Left Behind

Real Estate vs Bitcoin: A Shift in Investment Strategy

VeChain Continues to Innovate with Latest New US Patent Approvals

The post MANTRA and MAG Lifestyle Development Partner to Innovate Real Estate Investment in Dubai appeared first on Crypto News Land.

Tokyo, Japan, July 5th, 2024, Chainwire

$DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024.

The Data Ownership Protocol clarified that on Bybit, the token will be listed as $DOP1 to avoid confusion with an existing fiat coin. On KuCoin, Gate.io, Bitfinex, MEXC, and WhiteBIT, the token will be listed as $DOP.

DOP launched its mainnet six weeks ago, following a highly successful testnet phase that saw participation from 2.67 million users. In the last six months, the DOP ecosystem has grown significantly. Over 1 million DOP wallets have been opened, and assets worth more than 10 million USD have been encrypted using the protocol, showcasing the increasing demand for user-centric data ownership solutions.

“$DOP is the token of Data Ownership Protocol, a project that seeks to balance transparency and privacy on the blockchain, putting users in control of their data. The listing of our utility token marks a significant milestone and enhances our vision for the future of data ownership. We are thankful to our supporters and community who have believed in our mission from day one”, said Kohji Hirokado, co-founder of DOP and ex-core member at Cardano.

Currently, the $DOP token serves two primary functions within the ecosystem: facilitating fee payments and granting community rewards. The usage of the protocol’s data ownership features incurs fees payable in DOP tokens, creating a native demand for the token.

This system incentivizes DOP token retention while implementing a deflationary mechanism through fee burning. It also rewards network supporters via staking distributions. To date, 210,000,000 DOP tokens have been allocated for staking rewards, with over 1.1 billion DOP tokens already staked.

The listing announcement comes on the heels of Bybit’s positioning as the world’s second-largest cryptocurrency exchange by trading volume, surpassing Coinbase and trailing only Binance. Bybit’s ascent has been remarkable, with its market share doubling from 8% to 16% since October 2023.

To communicate the plans for the second half of 2024, DOP released a new roadmap following Q1’s success. The plan introduces a $5 million developer grant program, expands protocol capabilities, and plans deployment on EVM-compatible chains beyond Ethereum, reducing gas fees and reaching more users.

Moreover, the new developer SDK will enable developers to easily integrate and build dApps within the DOP ecosystem. Other objectives aim to enhance user security for managing NFTs by expanding functionality beyond ERC-20 tokens to include encryption and decryption of NFTs.

About Data Ownership Protocol (DOP)

The Data Ownership Protocol enables users to own their data. In crypto, financial data such as holdings, balances, and transaction history is publicly available on the blockchain. The mission of DOP technology is to let users decide what to share and with whom.

DOP aims to empower individuals and businesses with more control over their data through selective transparency, utilizing zero-knowledge cryptography and other advanced technologies.

For more information, users can visit Data Ownership Protocol’s: Official Website | Twitter | Linkedin

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

Contact

MarketingDOPmarketing@dop.org

The post $DOP Announces Listing on 7 Exchanges including BYBIT, Kucoin, Gate.io, and Bitfinex appeared first on Crypto News Land.

As we edge closer to the next major bull run, forward-thinking investors are scouting for the most promising altcoins set to skyrocket in 2025. This year, a few select altcoins are catching the eye of the crypto community for their potential to yield massive returns. Here, we spotlight these top contenders, with a special emphasis on BlockDAG, a pioneer in the field amassing over $56.1 million in presale.

Top Altcoins for the 2025 Bull Run

BlockDAG (BDAG) – Pioneering in transaction efficiency with its distinct Directed Acyclic Graph (DAG) technology, BlockDAG is poised for significant growth in the upcoming bull run, offering scalable and fast transaction solutions.

Solana (SOL) – Known for its exceptional throughput and minimal transaction costs, Solana is powered by its Proof of History (PoH) consensus mechanism, maintaining its status as a strong contender with continual performance enhancements and a growing network.

XRP – Crafted to facilitate swift and economical cross-border payments, XRP bridges the gap between traditional finance and digital currencies with its effective transaction platform.

Toncoin (TON) – Leveraging the Telegram Open Network (TON) blockchain, Toncoin supports rapid transactions and decentralized applications, earning popularity in the crypto community for its cutting-edge blockchain technology and user-centric attributes.

Cardano (ADA) – Distinguished by its high-performance blockchain platform that prioritizes security, scalability, and sustainability, Cardano operates on a unique proof-of-stake consensus mechanism, setting a high standard in the crypto landscape. 

1. BlockDAG 

BlockDAG (BDAG) is gearing up to be a key player in the 2025 bull run as it leads the top altcoins list, thanks to its groundbreaking Directed Acyclic Graph (DAG) architecture. This cutting-edge technology sets BlockDAG apart by allowing multiple transactions to be processed at the same time, drastically increasing scalability and speed. This positions BlockDAG as an ideal platform for high-volume transaction environments, promising widespread adoption and significant growth.

With $56.1 million already raised and a coin price that has soared by 1300% to $0.014, BlockDAG demonstrates robust investor trust and promising growth. Market experts suggest the price could climb to $0.05, providing hefty returns for early backers.

2. Solana 

Known for its remarkable transaction speeds and low costs, Solana (SOL) remains a formidable contender in the cryptocurrency sphere. Its unique Proof of History (PoH) consensus mechanism enables Solana to handle thousands of transactions per second, making it a top choice for decentralized applications (dApps). As its ecosystem expands and its adoption increases, Solana is well-positioned for success in the upcoming bull run.

3. XRP 

XRP, designed by Ripple Labs, is tailored for swift and economical cross-border transactions. Its rapid processing times and minimal fees appeal to financial institutions seeking to merge traditional finance with cryptocurrency. Despite facing regulatory hurdles, XRP continues to hold a solid position in the market and is poised for growth in the next bull run, pending regulatory clarity.

4. Toncoin 

Toncoin (TON) takes advantage of the Telegram Open Network (TON) to facilitate speedy transactions and a robust platform for decentralized apps. Toncoin’s advanced blockchain solutions and focus on user-friendly features have earned it significant attention and support within the crypto community, making it a strong candidate for substantial growth in 2025.

5. Cardano 

Cardano (ADA) stands out with its emphasis on security, scalability, and sustainability, backed by a unique proof-of-stake consensus mechanism. This approach ensures a balanced and sustainable ecosystem for digital currencies, supported by a research-driven development strategy. Cardano’s thorough groundwork prepares it for potential success in the forthcoming bull run.

Top Altcoins to Watch in 2025

The leading altcoins for the 2025 bull run include BlockDAG, Solana, XRP, Toncoin, and Cardano. Among these, BlockDAG is particularly notable for its innovative DAG structure and rapid presale performance.

BlockDAG Takes the Lead

Among the standout top altcoins, BlockDAG shines the brightest due to its revolutionary DAG architecture and impressive growth trajectory. With solid investor confidence earning $56.1 million in presale, state-of-the-art technology, and a clear strategic direction, BlockDAG is set to spearhead the next major wave of crypto investments.

In conclusion, while many altcoins offer exciting investment opportunities for the 2025 bull run, BlockDAG’s unique position and technological advancements make it a top choice for investors looking for substantial returns in the evolving crypto market.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu

The post Harness the 2025 Top Altcoins Tsunami: BlockDAG, Solana, and the Power Players appeared first on Crypto News Land.

Mt. Gox and German stakeholders’ selling caused significant panic in the Bitcoin market.

Bitcoin’s chart pattern of nearly a year was invalidated due to recent events.

This marks the second-largest liquidation event in Bitcoin’s history, resembling the 2022 FTX crash.

The Bitcoin market is experiencing volatility as a result of heavy selling by Mt. Gox and German government, which has sparked widespread concern among investors. Reputed crypto analyst Doctor Profit, shares his breakdown on the matter.

Capitulation event.Market makers have decided to take action in response to the ongoing Mt. Gox and German selling news. People have started selling, and panic is rising. The box has been technically invalidated on the chart after lasting a year and providing great…

— Doctor Profit (@DrProfitCrypto) July 5, 2024

This event has invalidated a nearly year-long consistent chart pattern. Despite Bitcoin’s recent 25% decline from its peak, the current atmosphere of fear and uncertainty holds significant weight.

The selling pressure that has been intentionally induced in the market, mainly by Mt. Gox and German businesses have increased investor anxiety. This incident is now the second-largest liquidation in Bitcoin history, following the 2022 FTX collapse.

The price of Bitcoin has historically been stagnant within a box formation, followed by major breakdowns that indicate critical capitulation events. Analysts point to similarities in psychological strategies adopted by market makers during previous downturns.

Experienced market participants regard the current situation as a chance to accumulate assets. They see similarities in the ways that market makers have responded to earlier downturns and point out that times of fear often come before market recoveries. 

Expert traders usually stay in their positions, wait for the market to turn in their favor, and actively look for strategic buying risks below established price ranges. In conclusion, analysts continue to be cautiously optimistic based on past trends, even though the current mood is still subdued. 

This current phase highlights the importance of being resilient in order to successfully handle unpredictable environments. Stakeholders anticipate that the market may stabilize and resurge as the third quarter progresses, as a result of strategic investments and an informed understanding of the changing market dynamics.

Read Also

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Symbiosis Shakes Up DEX Scene with zkSync Integration

Whale Moves Shake Ethereum: Price Soars After Dump

The post Major Capitulation Event Shakes Crypto Market, When Will Bitcoin Price Turn to Recovery Phase? appeared first on Crypto News Land.

Total crypto market valuation falls below $2 trillion due to rapid declines.

BTC loses $130 billion in a day, dragging down the entire market.

Mt. Gox repayments, German government actions, and Bitcoin ETFs will shape the market.

The cryptocurrency market faced a rapid and substantial collapse at the start of this month. This resulted from the uncertainty surrounding Bitcoin (BTC). Approximately $130 billion evaporated from the market capitalization within a single day. Another wipeout of nearly the same magnitude followed within just 60 minutes. 

BREAKING: CRYPTO MARKET CAP DROPS BELOW $2 TRILLION pic.twitter.com/VVZ0jJ8L1e

— DEGEN NEWS (@DegenerateNews) July 5, 2024

These two events pushed the total crypto market cap below $2 trillion for the first time since late February. The combined valuation of all cryptocurrencies stood at $1.96 trillion as of July 5. The total crypto market cap (excluding BTC) also plummeted by around $150 billion. From $1.03 trillion on July 1 to $880 billion at press time.

Hope Amidst the Decline

There’s a glimmer of hope despite the gloomy situation. The crypto market cap is rising after falling to $1.93 trillion. However, this figure is significantly lower than the yearly high and June’s high. Currently, Bitcoin is struggling to reach $55,000, which could signal a potential recovery.

Several factors will influence the market’s trajectory in the coming days. Firstly, the pace of Mt. Gox’s repayments and the willingness of creditors to offload their long-awaited BTC holdings will play a crucial role. 

Additionally, the German government’s actions regarding Bitcoin holdings may impact market sentiment. Expert Peter Schiff believes that Bitcoin exchange-traded fund (ETF) buyers may incur significant losses. 

He predicts that when Bitcoin trades below $38,000, all Bitcoin ETF buyers will be in the red. Meanwhile, BTC is trading at $54,839 having list 4.11% in the past 24 hours.

Read Also 

Bitcoin Could Reach $4.5 Trillion Market Cap in 2025

Total Crypto Market Cap Tops Over 1 Trillion Dollars

$10 Trillion Market Cap: Crypto’s Unprecedented Potential

Total Crypto Market cap Keeps Pushing up

Cryptocurrency market value slumps under $1 trillion

The post Crypto Market Cap Dips Below $2 Trillion, WIll We See a Bottom Soon? appeared first on Crypto News Land.

The crypto market is under intense pressure due to a sharp Bitcoin price drop, igniting widespread panic selling. Despite this turmoil, a potential bull run lingers on the horizon. Altcoins remain at historically low prices, poised for explosive growth at any moment. This potential has investors on edge, eager to identify the right opportunities amid the chaos. This article delves into expert strategies to navigate these turbulent waters and highlights which altcoins could be ready to soar. Discover how to avoid the pitfalls of panic selling and position for the next wave of growth in a volatile market.

BlastUP Releases Blastbox V2: a Treasure Trove Full of Perks

Fresh off raising $8 million in its presale, BlastUP, the top launchpad on Blast, introduces another opportunity to get $BLASTUP tokens at the presale price with the launch of Blastbox V2. This loot box is a treasure chest brimming with perks, including $BLASTUP tokens and Booster Points. Buying BLASTUP tokens ahead of TGE offers a chance to make a smart investment, as experts are predicting potential returns of up to 1000%.

Blastbox V2 offers more than just valuable assets; it’s a gateway to exclusive privileges on BlastUP. Owners enjoy benefits such as NFT and token airdrops, membership in the BlastUP Club, and priority access to IDOs.

Discover the Full Potential of Blastbox V2

Obtaining Blastbox V2 is your last chance to secure early access to BlastUP at the best price. This launchpad is rapidly emerging as a powerhouse in the Blast blockchain, already making waves with four successful IDOs.

If you are still searching for the next big crypto treasure, look no further. With only 9999 Blastboxes V2 available at launch and packed with unmatched utility, these rare loot boxes are poised to fly off the shelves.

Grab Your Blastbox V2 Now, Before They’re All Gone!

Toncoin (TON) Shows Bullish Potential Despite Recent Market Dip

Toncoin (TON) is currently trading between $7.18 and $8.01, indicating potential bullish support even in a market downturn. The coin has a strong chance for growth with its nearest resistance at $8.35 and support at $6.69. Despite a weekly drop of 15%, the coin has surged over 200% in the past six months. Breaking past the second resistance at $9.18 could lead to significant gains, potentially up by 20% from current levels. With an RSI at 30.25 and a MACD level of -0.24, there are signs of overselling, hinting at a buying opportunity and bullish momentum on the horizon.

Brett (Based) on the Verge of a Breakout or Continuation: Bulls Eye Key Levels

Despite the recent dip in Bitcoin and other tokens, Brett (Based) (BRETT) has shown resilience. Currently fluctuating between thirteen and eighteen cents, it’s battling weak sentiments. The bears seem to have lost some control as the price aims for the next resistance at twenty cents. With a six-month price surge of 271%, BRETT shows strong growth potential. The next key levels to watch are twenty-four cents and beyond, possibly translating to gains of over thirty-five percent from the current highs. On a broader scale, the positive patterns from 2021 hint at a promising bull run, making BRETT a coin to watch closely.

Notcoin Shows Promise Despite Recent Dips – Bullish Trends Ahead?

Notcoin (NOT) has recently faced a slump, with prices dipping to between $0.0127 and $0.0165. Despite this, there’s a strong upside potential. The Relative Strength Index is low, suggesting a possible price surge. With a six-month gain of almost 400%, Notcoin could rise to the next resistance level at $0.0185 soon and maybe even touch $0.0224. These would mark significant gains of 10-30%. Factors like a low 10-day Simple Moving Average, support levels, and MACD trends hint that bulls may soon overpower the bears, bringing a period of growth for NOT.

Pepe (PEPE) Shows Bullish Potential Despite Recent Dump

Pepe (PEPE) has seen a significant drop recently, but there’s still hope. Its current price hovers around $0.00001, lying just above the nearest support level. Despite a 35.7% fall over the past week and a 43.83% dip in a month, the coin has surged by nearly 600% over the last six months, showing underlying long-term strength. With the RSI at 28.15 looking oversold and the MACD starting to slowly trend upward, a bounce to the nearest resistance at $0.00002 could result in a 100% increase from its current price, signaling a bullish reversal. This setup echoes the patterns seen in optimistic 2021 market forecasts, suggesting the bulls might soon reclaim control.

Conclusion

In the current market decline, it is important to adopt clear strategies rather than panic sell. Among the coins, TON, BRETT, NOT, and PEPE, have less potential for short-term growth. However, BLASTUP stands out with the highest potential. This is attributed to its solid concept and its integration within the Blast ecosystem. Keeping a focus on strong projects like BLASTUP can be a more effective approach during market downturns.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

The post Thriving in a Market Dump: Expert Strategies Against Panic Selling appeared first on Crypto News Land.

The crypto market is currently under immense pressure, facing a significant price drop due to Bitcoin’s recent decline. Panic is in the air as prices continue to fall, with altcoins reaching new lows. However, amidst the chaos, anticipation builds for the next bull run. History suggests that when Bitcoin recovers, altcoins can surge dramatically. This moment of calm before the storm is seen as an opportunity. The upcoming article delves into promising crypto projects poised for growth. Readers will discover the potential coins ready to explode as the market prepares for a turnaround. Stay tuned to uncover which altcoins could lead the next wave of success.

BlastUP Provides Final Opportunity to Get $BLASTUP Ahead of Its TGE

In just over 3 months since its launch, BlastUP has already confirmed its pivotal role in the Blast ecosystem, serving as a groundbreaking launchpad for crypto startups. It has raised a phenomenal $8 million in its presale and formed a thriving community of nearly 20,000 $BLASTUP holders. In keeping with its goal of accelerating growth, BlastUP has already launched 4 successful Initial DEX Offerings (IDOs), helping new projects build a strong foundation for a stellar start. 

Currently, BlastUP is preparing for the token generation event scheduled for July 2024. BlastUP tokens (BLASTUP), which were sold for pennies during the presale, will be priced at $0.1 at the listing.  

Last Chance to buy BLASTUP Token at the Best Price!

The only way to get the BLASTUP token at the presale price now is to purchase Blastbox V2. It is a loot box that contains a certain amount of $BLASTUP and Booster Points, special tokens used to reward the most active community members. 

Those who buy Blastbox V2 get a treasure chest that gives them access to a number of privileges. Owners of Blastbox V2 can:

Access the launchpad IDOs and get exclusive rewards

Participate in airdrops and get free tokens and NFTs

Receive higher interest for staking $BLASTUP

Importantly, the supply of Blastbox V2 is limited to 9999. The scarce availability can quickly drive up demand, so it is wise to hurry up and buy these rare loot boxes while you can.

Buy Blastbox V2 While You Can

Avalanche (AVAX) Poised for a Rebound Despite Recent Dip

Avalanche (AVAX) is currently trading between $25.42 and $31.41, showing promising potential despite recent dips. Bulls seem to be gaining strength, with the nearest resistance level at $33.46 within reach. The RSI and Stochastic indicators are low, suggesting a possible upward move. If AVAX breaks the $33.46 barrier, it could target the next resistance at $39.45, representing a notable percentage rise from current levels. Given its past performance patterns, AVAX might see a significant rebound, potentially climbing by more than 20% from its current price range. The past week’s price setback of 16.48% might set the stage for a robust recovery, echoing bullish trends observed in 2021.

Notcoin Shows Promise Despite Recent Dips – Bullish Trends Ahead?

Notcoin (NOT) has recently faced a slump, with prices dipping to between $0.0127 and $0.0165. Despite this, there’s a strong upside potential. The Relative Strength Index is low, suggesting a possible price surge. With a six-month gain of almost 400%, Notcoin could rise to the next resistance level at $0.0185 soon and maybe even touch $0.0224. These would mark significant gains of 10-30%. Factors like a low 10-day Simple Moving Average, support levels, and MACD trends hint that bulls may soon overpower the bears, bringing a period of growth for NOT.

Polkadot (DOT) Shows Signs of Strength Amid Market Weakness

Polkadot (DOT) is currently trading in the range of $5.59 to $6.64, showing signs of resilience despite a recent market dip. The nearest resistance level is at $7.07, while support is at $4.97. With its price down around 25% over the past month, DOT seems undervalued, presenting potential for a rebound. The simple moving average of 100 days stands at $6.12, suggesting room to grow. If bulls gain traction, DOT could surge past the $7.07 resistance and potentially aim for $8.12, marking an increase of about 22%. Its Relative Strength Index (RSI) at around 37 signals it’s nearing oversold territory, hinting at emerging buying opportunities.

Conclusion

Analyzing previous trends suggests that AVAX, DOT, and HOT might experience lower growth in the short term. However, BLASTUP stands out with the most potential. Its innovative concept and integration within the Blast ecosystem make it highly promising.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

The post Anticipating the Bull Market: Previous Patterns Reveal Promising Crypto Projects appeared first on Crypto News Land.

Altcoin market awaits a parabolic phase, crucial for growth.

Meme coins reminiscent of DeFi summer 2020, not peak altcoin mania.

Range low presents generational buying opportunities in the current market cycle.

The altcoin market has not yet reached its anticipated parabolic phase, which has left investors feeling both optimistic and anxious. This stage is seen to be essential for major market growth.

| Altcoins bull cycle 2024-2025 |I've focused on ranges for the last 4-5 years and seen this story many times before:– The altcoin cycle hasn't had its parabolic phase yet.– Meme coin mania resembles DeFi summer 2019, not peak Altcoin mania from past cycles.– Range low is a… https://t.co/mSZrFbbys2 pic.twitter.com/yrvVPiZFgF

— CryptoAmsterdam (@damskotrades) July 4, 2024

The anticipation around meme coins now is symbolic of the DeFi summer of 2020, a time when the decentralized finance sector experienced fast growth. In contrast to previous altcoin cycles, this one has not yet reached its peak.

The current low range in the altcoin market is perceived by numerous experts as a purchasing opportunity. If the market adheres to historical trends, investors who invest during this time may experience substantial returns.

The parabolic phase could be initiated by early flipping of the 0.25 resistance level, which would serve as a major indicator of market strength. On the other hand, an extended mid-cycle peak is still possible if the market stays volatile.

The current market conditions necessitate patience and precise positioning. Any drops into the range low are regarded as ideal entrance points. Another issue to consider is Bitcoin‘s recent halving, which occurred about a month and a half ago. In the last two cycles, bull market peaks have traditionally happened more than 500 days after halving.

The altcoin market is currently at a critical point. Although it has not yet reached its parabolic phase, there is still room for significant growth. The current market conditions and their similarity to previous cycles indicate that investors may experience substantial gains when the market ultimately turns bullish.

The possibility of a parabolic phase is becoming closer, and the cryptocurrency market is poised for rapid growth. Investors should maintain a focus on strategy and remain vigilant in order to capitalize on future opportunities.  

Read Also

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Market Manipulation, Bitcoin ETF Outflows, FUD Rising; Crypto Dip Barrels on, Parabolic Trend on the Horizon

Dogecoin’s Parabolic Rally Expected by April, Analyst Predicts

VeChain Insider Says Parabolic Leap Ahead, June Seen as Best Month for VET

The post Altcoin Market Poised for Potential Growth as Parabolic Phase Awaits, Mirroring DeFi Summer 2020 appeared first on Crypto News Land.

The crypto market is currently under significant pressure. Bitcoin’s price has dropped, causing panic among investors. Despite this, many believe a bull run is imminent. Altcoins remain at low prices but are poised to surge. This market dump has many anxiously awaiting the next bounce. The big question is whether the market has hit bottom or if further declines are incoming. This article explores the signs pointing to the next bull wave. Discover which altcoins are ready to soar as the market gears up for a potential recovery.

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

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

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

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

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

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

Render (RNDR) Poised for Comeback Amid Market Slump

Render (RNDR) has faced a sharp drop, with prices now hovering between $6.96 and $8.17. Despite the dip, the bulls are not out of the game yet. The coin’s 6-month growth of almost 62% hints at its potential to bounce back. Investors eye $8.65 as the first resistance level, and a breakthrough here could push RNDR towards $9.86, marking a strong recovery. If the coin climbs to this second resistance, it would be a rise of around 21% from its current high. With the right market conditions, RNDR might be set for an impressive bull run akin to 2021 patterns.

Cardano (ADA) Shows Potential for Growth Amid Market Volatility

Cardano (ADA) is currently trading between $0.37 and $0.41, hinting at weak bears rather than strong bulls. Despite a recent drop, there’s promise. If ADA can break the $0.43 resistance, it could jump to $0.47, an increase of over 15%. The 100-day SMA suggests it’s undervalued, and with an RSI of 23.93, it’s deeply oversold. Stochastic levels are low, indicating a possible upward move. While bears have controlled recent price movements with losses of up to 28.57% this month, the groundwork for a potential bull run is forming if market conditions stabilize.

XRP Bulls Gear Up for Potential Breakout Despite Recent Prices Drop

XRP’s price is currently hovering between $0.46 and $0.48, close to its 100-day simple moving average of $0.47. Although the recent decline of nearly 16% in a week indicates short-term bearish sentiment, the Relative Strength Index (RSI) at 23 suggests oversold conditions. This could fuel a rebound. If momentum shifts, XRP could quickly challenge the resistance level at $0.49 and potentially rally to second resistance at $0.51, a prospective gain of over 6%. With proper support holding at $0.45, bullish investors are eyeing these levels for a strong upside. If a breakout occurs, XRP could experience a significant bullish run, reminiscent of 2021 patterns.

Starknet (STRK) Eyes a Rally Despite Recent Dip

Starknet (STRK) is currently trading between $0.63 and $0.76, showing a recent drop. Despite this, both bulls and bears appear balanced. The next resistance level is at $0.82, while support is at $0.57. If STRK breaks past $0.82, it could head towards $0.95, marking an increase of around 50% from its current range. With a 6-month gain of over 145%, the potential for growth remains strong. The current RSI is under 30, suggesting it’s oversold and might bounce back soon. Keep an eye on it as it could mimic the bullish patterns seen in 2021.

Conclusion

Coins like RNDR, ADA, XRP, and STRK show less potential in the short term. On the other hand, CYBRO, a technologically advanced DeFi platform, offers investors unparalleled opportunities. CYBRO maximizes earnings through AI-powered yield aggregation on the Blast blockchain. It features lucrative staking rewards, exclusive airdrops, and cashback on purchases. CYBRO ensures a superior user experience with seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO stands out as a promising project. Strong interest from crypto whales and influencers adds to its appeal. This makes CYBRO a noteworthy consideration for those looking to invest.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Is This the Bottom? When to Expect the Next Bull Wave appeared first on Crypto News Land.

Mt. Gox will repay 141,686 BTC in three phases, starting with 71,403 BTC from July to October.

The repayment process includes individual creditors, credit funds, and exchanges, with returns up to 100 times the initial investment.

Market analysts predict only 50% of repaid BTC will be sold, amounting to 35,700 BTC, likely mitigating severe market impact.

Mt. Gox will begin the payment of 141,686 BTC this month. Investors are eagerly awaiting the start of this process and its effect on the market. The payback will occur in three phases, each with its own market effects.

MT GOX DUMP FUD   Mt. Gox will start the repayment of 141,686 BTC this month The market is dumping as people are thinking BTC might hit $45K or even $40K Let's clarify the FUD about the Mt. Gox dump ( Bookmark it ) Mt. Gox BTC distribution will happen in 3 phases -…

— Ash Crypto (@Ashcryptoreal) July 5, 2024

The early payment phase will last from July to October and will result in a payout of 71,403 Bitcoins. This initial period is crucial since it sets the scene for future repayments. Payments will be made to individual customers, credit funds, and exchanges.

The intermediate payment phase is going to concentrate on final creditors. Although the exact dates for this part have not been set yet, it is expected to follow a structured schedule to make sure that all creditors get paid. 

This phase will address remaining claims and try to settle the majority of outstanding dues. The management decisions made by those last creditors regarding the received Bitcoin will have a significant influence on the market.

The last payment phase will complete the repayment procedure and is anticipated to occur years later. This phase is intended to handle any outstanding claims and ensure that each aspect of the repayment plan has been completed.

Bitcoin was worth $600 during the 2014 Mt. Gox hack, so investors stand to make a large profit, with some seeing returns of up to 100 times their original investment. However, the market has responded with a mix of anxiety and anticipation. 

Despite the uncertainty, market analysts believe the situation might not be as dire as it appears. Given the current market trend, only 50% of the paid bitcoins, or 35,700 BTC, are expected to be sold, valued around $2.1 billion.

While the Mt. Gox payment process is an important event for the bitcoin market, its actual impact may be less than expected. The market’s ability to absorb sell pressure may help keep Bitcoin’s price within a stable range, calming some of the fears of a market meltdown. 

Read Also

Mt. Gox Repayment Drama: Creditors Left Hanging?

Mt. Gox Begins Repayment to Creditors Distributing Bitcoin and Bitcoin Cash

Mt. Gox Set to Commence Bitcoin and Bitcoin Cash Repayments in July 2024

Mt Gox Anticipated Selloffs and German Dumping Fuel BTC Crash

MT. Gox Investment Fund’s Bitcoin Hold Fuels Debate Over Crypto Market Stability

The post The Complete Guide to Mt. Gox’s Bitcoin Repayment Process appeared first on Crypto News Land.

The crypto market is under immense pressure as Bitcoin’s price continues to drop, causing widespread panic. Despite these challenging times, there is an eagerness for the anticipated bull run. Altcoins remain at low prices, poised to surge at any moment. Arbitrum (ARB) and Starknet (STRK) are the talk of the town, with new developments bringing them into the spotlight. The community is abuzz with speculation: could these be the next big movers? And what about CYBRO, a coin touted by some as the savior for investors in this downturn? The stakes are high, and the potential for growth has never been more captivating. Delve deeper to uncover which coins are primed for a significant rise despite the current market conditions.

CYBRO Presale Achieves $1 Million Milestone: A One-in-a-Million Investment Opportunity

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

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.025 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest. In an exciting development, CYBRO has also launched a referral program active until July 15, offering 12% from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are sent weekly in USDT, and referees earn double CYBRO Points on their first deposit using the referral code. 

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

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

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

Arbitrum (ARB) Could Bounce Back: Potential for a Strong Bull Run Ahead

Arbitrum (ARB) is currently navigating a price range of $0.7461 to $0.8504. Despite recent declines, the bulls may gain strength as the coin approaches its support level of $0.6916. If ARB can overcome the nearest resistance at $0.9001, it shows potential to rise towards $1.0043. This could result in a growth of over 30%. Investors should look for a break above the 100-day Simple Moving Average around $0.7519 to confirm a more extended rally. With the current oversold RSI and Stochastic indicators, the stage is set for a possible bullish turnaround, potentially echoing the altcoin surge witnessed in 2021.

Starknet (STRK) Eyes a Rally Despite Recent Dip

Starknet (STRK) is currently trading between $0.63 and $0.76, showing a recent drop. Despite this, both bulls and bears appear balanced. The next resistance level is at $0.82, while support is at $0.57. If STRK breaks past $0.82, it could head towards $0.95, marking an increase of around 50% from its current range. With a 6-month gain of over 145%, the potential for growth remains strong. The current RSI is under 30, suggesting it’s oversold and might bounce back soon. Keep an eye on it as it could mimic the bullish patterns seen in 2021.

Conclusion

ARB and STRK show less potential for short-term gains. However, CYBRO offers unique advantages for investors. This DeFi platform uses AI tech to boost earnings on the Blast blockchain. It provides staking rewards, airdrops, and cashback. Deposits and withdrawals are easy and quick. CYBRO focuses on transparency, compliance, and quality. It has caught the attention of crypto whales and influencers, making it a promising project.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post With Arbitrum (ARB) and Starknet (STRK) hitting all-time lows, will CYBRO weather the downtrend? appeared first on Crypto News Land.

XRP’s price dropped below $0.40, hitting $0.38—the lowest in over a year.

The decline mirrors broader market trends affecting Bitcoin and Ethereum.

While some signs of recovery exist, market volatility and upcoming court dates add uncertainty.

XRP’s price has plummeted below the $0.40 mark in the past few hours. This saw XRP reaching $0.38 — the lowest price in over a year. This intense dumping mirrored the broader market trend that affected Bitcoin and Ethereum as well. The technical charts reveal a challenging road ahead for XRP. 

Currently, XRP’s price hovers below the 100-hourly Simple Moving Average and the critical support zone around $0.4150. A bearish trend line has formed, further limiting potential upside moves. There was some resistance near the $0.4050 zone as bulls tried to push the price of XRP higher. They nearly successfully overpowered the buyers leading to a fresh downturn. 

Bears pushed the price below the $0.4240 support and took control. Eventually, the price significantly dipped  and found support at $0.3826. Meanwhile, the overall market sentiment is bearish although there are minor signs of recovery above the $0.3920 resistance zone. $0.4220 and $0.4380 are now the next key resistance zones to watch. 

A strong push above $0.4220 could push Ripple’s XRP to $0.4450. However, if XRP struggles to surpass the $0.4150 barrier, the downward trend might persist. The initial support is around $0.390, with a more critical level at $0.3850.

This situation is reminiscent of XRP’s previous dip below $0.40 in February 2021, during the SEC lawsuit against Ripple Labs. With market conditions still uncertain, investors are keeping a close eye on XRP’s performance as Ripple’s next court date approaches.

Mean, XRP holders are optimistic of a rebound. However, the road to recovery is filled with challenges, and the market’s volatility only adds to the uncertainty.

Read Also 

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Impending Kaboom Awaits XRP Army, Analysts Explain What’s Next for the Asset, $9 Loading?

The post XRP Dips to Under $0.40 Setting a New One-Year Low, XRP Army Devastated appeared first on Crypto News Land.

Joana Cotar criticizes Germany’s Bitcoin sell-off, advocating its use as a hedge against inflation and diversification tool.

Germany sold 7,583 BTC worth $434.9 million, prompting debate on its economic strategy amid global uncertainties.

Cotar urges Germany to retain Bitcoin in its treasury to foster financial innovation and resilience against currency risks.

German lawmaker Joana Cotar has criticized the government’s swift sale of Bitcoin, calling for a strategic approach to preserve economic stability. Cotar emphasizes the potential benefits of Bitcoin as a diversification tool and shield against inflation, urging policymakers to reconsider their current strategy.

Statt #Bitcoin als strategische Reservewährung zu halten, wie es in den USA bereits debattiert wird, verkauft unsere Regierung im großen Stil. Ich habe @MPKretschmer, @c_lindner & @Bundeskanzler @OlafScholz darüber informiert, warum dies nicht nur nicht sinnvoll, sondern… pic.twitter.com/v9FpzmfLbp

— Joana Cotar (@JoanaCotar) July 4, 2024

Challenges in Economic Strategy

Known for her advocacy of Bitcoin adoption, German lawmaker Joana has expressed concern over Germany’s recent Bitcoin sell-off, totaling 7,583 BTC since June 19. The transactions, valued at $434.9 million, have sparked debate regarding the country’s financial strategy amidst global economic uncertainties.

Highlighting Bitcoin’s role as a potential strategic reserve currency, Cotar argues for its retention within Germany’s treasury. She asserts that holding Bitcoin could mitigate risks associated with traditional currency devaluation and promote innovation in financial technologies.

Despite Cotar’s plea, the German government has not confirmed plans to halt further Bitcoin sales. The ongoing divestment has contributed to recent market volatility, reflecting a broader debate on balancing financial prudence with emerging digital asset opportunities.

Future Outlook

Looking ahead, Cotar proposes developing a comprehensive Bitcoin strategy that includes regulatory frameworks to support innovation and attract global talent. Her recommendations aim to position Germany at the forefront of digital asset integration while safeguarding economic resilience.

Cotar’s advocacy underscores the evolving dynamics of digital currencies in national economic policies. Her call for strategic deliberation resonates amidst shifting global financial landscapes, urging a balanced approach to harnessing Bitcoin’s potential benefits.

Read Also:

Germany’s Top Savings Bank to Offer Bitcoin to Clients

Another Massive Bitcoin Transfer From Germany’s Government Puts Crypto Traders and Investors on Edge

Germany’s 3rd Biggest Bank Launches Crypto Custody, Investment Service Underway

Coinbase Makes Vecahin (VET) Available to Germany Residents

Crypto Market Dump Could Reverse if Germany Accepts Justin Sun’s Offer to Buy its Remaining BTC Holdings 

The post Bitcoin Advocate Joana Cotar Challenges Germany’s Economic Strategy appeared first on Crypto News Land.

Mt. Gox began repaying creditors in Bitcoin and Bitcoin Cash on July 5, 2024, under a legal rehabilitation plan.

Attorney Nobuaki Kobayashi oversees the process, ensuring creditor verifications and agreements before disbursements.

Mt. Gox’s 2014 collapse involved a loss of 850,000 BTC, leading to bankruptcy, legal battles, and a shift to civil rehabilitation in 2018.

Mt. Gox, once a dominant force in cryptocurrency exchange, has initiated the repayment process to its creditors, distributing Bitcoin and Bitcoin Cash through designated exchanges. This move follows the detailed rehabilitation plan set by the exchange’s legal team.

Starting from July 5, 2024, specific rehabilitation creditors have begun receiving their owed cryptocurrencies. This process is governed by the coordination between the Rehabilitation Trustee and the involved crypto exchanges. The repayments aim to address the debts accumulated following the exchange’s notorious collapse in 2014.

Repayment Process

The exchange, led by Attorney-at-law Nobuaki Kobayashi, is adhering to a set of stringent conditions to facilitate these repayments. Among these conditions, verifying the authenticity of creditor accounts and obtaining their consent to engage with the Agency Receipt Agreement are paramount. Only upon the completion of these verifications, and ensuring robust discussions on repayment protocols, are the disbursements being executed.

Moreover, the flow of funds is transparently tracked by the community, with updates from entities like MtGoxBalanceBot on X highlighting the movement of significant sums of Bitcoin. To date, the Trustee reports a movement of 47,288 BTC, signifying a substantial step towards resolving the long-standing financial saga.

Total current balance on all known addresses of the MtGox Trustee: 94457.46716047 BTC. 47228.73365683 BTC have been moved away from these addresses since funds were consolidated on 2024/05/30. $BTC #bitcoin #mtgox mt.gox mt gox2024-07-05T07:02:09.483Z

— MtGoxBalanceBot (@MtGoxBalanceBot) July 5, 2024

Historical Context and Impact

Established in 2010 by Jed McCaleb and later sold to Mark Karpelès, Mt. Gox was instrumental in shaping the early landscape of cryptocurrency trading. At its zenith, it managed 70% of all Bitcoin transactions globally. The discovery of a massive security breach in 2014, however, revealed a loss of approximately 850,000 BTC, catapulting the exchange into bankruptcy and subsequent legal battles.

These legal proceedings culminated in the shift from bankruptcy to civil rehabilitation in 2018, with Karpelès facing conviction for falsifying financial records in 2019. The ongoing repayment process marks a chapter in rectifying the financial discrepancies and delivering long-awaited justice to the affected parties.

This structured repayment initiative signifies a pivotal moment of recovery and restitution for the cryptocurrency community influenced by the Mt. Gox debacle.

Read Also:

Mt. Gox Repayment Drama: Creditors Left Hanging?

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Genesis Begins Billions in Crypto Repayments: Will Markets Feel the Ripple?

Mt Gox Anticipated Selloffs and German Dumping Fuel BTC Crash

MT. Gox Investment Fund’s Bitcoin Hold Fuels Debate Over Crypto Market Stability

The post Mt. Gox Begins Repayment to Creditors Distributing Bitcoin and Bitcoin Cash appeared first on Crypto News Land.

The Bitcoin halving led many coins to surge to new highs before cooling off in recent months. However, Ethereum Classic and Cosmos investors have received poor returns. As a result many are now watching new coin launches to find the next 100x altcoin play in 2024. Rollblock could be just that.

Rollblock ($RBLK) is a brand new entrant into the $450 billion online gambling industry. Bringing the innovation of blockchain technology to the traditional world of casinos and table games, Rollblock is tipped to onboard the next generation of gamers into Web 3. Experts are predicting huge gains of up to 800% for the RBLK token as it moves through the presale stages!

Ethereum Classic (ETC) Struggles Post Halving

Many had high hopes for Ethereum Classic (ETC) this year, as it underwent its halving in May. While initially, Ethereum Classics price rallied and hit nearly $30, it has since returned to earth and is currently down nearly 25% to around $21.62. 

Holding support here would allow for a base to be built for Ethereum Classic (ETC) around the low $20s but further macro downside could well see Ethereum Classic drop to the $15 area. Ethereum Classic bulls will need to step in here to start a revival if the bullish trend is to remain intact. 

Cosmos (ATOM) Down 40% in 2024, Will Bulls Step In?

Cosmos (ATOM) is another established coin that rallied hard off the bear market lows but has since disappointed investors by losing market share. Down over 40% year to date to current levels at around $6.2, Cosmos is looking for support. 

Cosmos (ATOM) is now trading below the 50-day SMA, a sure sign of a downtrend that shows no sign of turning around yet. Cosmos trading volume has also been low as investors lose interest and look to maximize their gains in newer coin launches. As a result, Cosmos could see further declines in July. 

Rollblock (RBLK): Rolling Out the Future of Online Gambling

Rollblock is a new concept in online casinos, bringing the latest innovations in blockchain technology to the popular world of online gambling. Based on the Ethereum blockchain and bringing an unprecedented level of transparency and trust to the GambleFi space, Rollblock is the first casino-backed Play-to-Earn token destined to attract the next wave of crypto-native gamers. On the platform bets cannot be changed or altered once placed, as all transactions are inscribed on-chain. This alone is a game changer and a hugely welcome addition to the space.

There is no need for any cumbersome KYC requirements when signing up. Instead, players can register with an email address, connect their wallet, and get gaming. There are over 150 AI-powered games to try, from classics like poker and roulette to exclusive new launches. Deposit bonuses and leaderboard features are also available to keep gameplay exciting and new. 

The native token $RBLK plays an important part on the platform, being paid out as in-game rewards and bonuses. Holders are incentivised to make RBLK a long-term hold in their portfolios, thanks to an innovative revenue sharing scheme and savvy tokenomics. 

Each week Rollblock will use a portion of their profits to buy back the token on the open market, supplying a constant bid and removing coins from circulation. These are then allocated to stakers who can earn up to 30% APY as an attractive source of passive income, and the remaining coins are burnt. This will ensure that supply becomes deflationary over time – a recipe for the price to moon as supply on exchanges will simply not be able to keep up with demand!

Scores of investors are piling into the RBLK presale – over 90 million coins have been sold and the presale is selling out fast! With the current offer price of $0.015 and over 59% of the third presale rounds coins already snapped up, price will not remain this low for long. With daily Euro 2024 football giveaways on the Rollblock socials right now, this is the ideal time for investors to take a spin and make an allocation.

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino 

The post Ethereum Classic (ETC) and Cosmos (ATOM) Holders Have Been Pouring Into This New Crypto With A Game Changing Revenue Share Model appeared first on Crypto News Land.

As the market faces a stress period, Ethereum Classic and NEAR Protocol show bearish trends, impacting Ethereum Classic price prediction and NEAR Protocol trading volume. Amidst this, BlockDAG, a promising layer 1 project, has become the top destination for inflows due to its long-term potential. BlockDAG’s easy DApps integration has fueled its growth, making it attractive to top crypto miners. The presale success, surging to over $56.1 million, reflects climbing investor interest and BlockDAG’s potential to yield over 30,000x ROI. This article explores these developments and the future outlook for these cryptocurrencies.

Ethereum Classic Price Prediction and Performance

Ethereum Classic (ETC) is a decentralized platform using smart contracts for transactions without intermediaries. ETC originated from a split in the Ethereum network in 2016 after a significant hacking incident. Its focus remains on maintaining a decentralized approach with Proof of Work (PoW) for transaction verification. ETC’s price has seen highs and lows, reaching over $40 in early 2021 and peaking at $176.16. 

The Ethereum Classic price prediction for 2024 suggests a rise to $42.44, despite recent declines. ETC has faced challenges like the collapse of FTX, which pulled its price down to $15.69. However, it showed resilience, closing 2023 at $21.92, marking a 40% increase for the year. 

NEAR Protocol Trading Volume and Market Trends

NEAR Protocol (NEAR) has experienced a significant market shift, moving from bullish optimism to a bearish trend. This downturn is marked by a breach below its 50-day moving average and a sharp decline in the Relative Strength Index (RSI). The NEAR Protocol trading volume has decreased by over 30% in the past 24 hours, with a 4% drop in open interest, indicating a shift in investor sentiment.

Technical indicators like the Moving Average Convergence Divergence (MACD) confirm the ongoing sell pressure, with recent price declines surpassing previous lows. This bearish sentiment has affected trading activity, with fluctuations in social volume and trading dominance. As the market adjusts, investors should watch key technical levels and broader market trends for potential recovery opportunities. 

BlockDAG’s Potential and Impressive Presale Success

BlockDAG is a dynamic ecosystem designed for easy and efficient integration of Decentralized Applications (dApps). Its user-friendly structure, featuring tools and APIs, simplifies connecting with the decentralized digital world, catering to diverse needs such as logistics, finance, or digital identity. This ease of integration can drive significant returns, with predictions of up to 30,000x ROI for investors.

At the core of the BlockDAG ecosystem are BDAG coins, essential for accessing various dApps. Users need to hold these coins in their wallets to interact with specific applications, incentivizing active participation. This approach not only smooths transactions but also rewards users, fostering community engagement and innovation. The current batch price of $0.014, up from an initial $0.001, reflects the project’s growing value.

The BlockDAG presale has surged past $56.1 million, marking a 1300% price increase. This impressive performance has caught the attention of top crypto miners and investors, highlighting the platform’s long-term potential. As BlockDAG continues to innovate, it sets new standards for decentralized applications and digital services, making it a promising investment opportunity. 

Key Insights

While Ethereum Classic and NEAR Protocol face bearish trends, BlockDAG stands out with its innovative approach and successful presale, making it a strong contender in the cryptocurrency market. BlockDAG’s easy DApps integration has fueled investor confidence, with the presale raising over $56.1 million and a 1300% price surge from $0.001 to $0.014. This potential for a 30,000x ROI appeals to top crypto miners seeking significant returns. For those evaluating Ethereum Classic price prediction or NEAR Protocol trading volume, BlockDAG offers a robust and promising investment avenue in the current market landscape.

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 Top Crypto Miners Beat Ethereum Classic and NEAR Protocol Trading Volume Surge News with 30,000x ROI Potential appeared first on Crypto News Land.

Despite recent dips, VELO’s indicators suggest the potential for explosive growth, with analysts predicting a surge of over 18,000%.

A significant price increase will make way for a new ATH.

VELO’s position relative to Bollinger Bands, moving averages, and rising RSI signal positive momentum.

VELO token is catching the eyes of many investors with its potential for massive gains. According to the post below, Javon Marks, a crypto analyst, suggests that VELO could reach $1.6534 once the upward rally is triggered. Several key indicators suggest that VELO could be on the brink of an explosive surge, potentially reaching new all-time highs (ATH).

$VELO and its breakout holds, meaning the TARGET is STILL @ $1.6534!Prices may only be preparing here for another monumental wave up in an over 18,405% uphill run to reach this target… https://t.co/ni429sKP0B pic.twitter.com/QSvL5JKjB9

— JAVON MARKS (@JavonTM1) July 5, 2024

Currently trading at just $0.008, VELO presents a unique opportunity for those willing to take a calculated risk in the volatile crypto market. Velo rallied by 460% from a March low of $0.005 to reach a high of $0.028 in April. Following this remarkable growth, VELO’s price dipped to $0.0075 by the beginning of July. 

The price is trading above the lower Bollinger Bands on the daily, weekly, and monthly charts. This positioning signals a positive sign for potential upward movement.

Despite this price fall, some analysts believe that VELO is poised could could surge by over 18,000% soon. A crucial aspect of VELO’s current performance is its position relative to the Bollinger Bands on various timeframes. 

Additionally, VELO’s price is currently below its moving average but is on a rising trend across daily, weekly, and monthly charts. This upward trajectory suggests that the cryptocurrency is slowly gaining momentum. 

VELO’s price will soon surpass the 20-day moving average if the prevailing factors don’t change. This will give a strong bullish signal for traders looking to invest in this resilient token.

Another critical indicator is the Relative Strength Index (RSI). On both the daily and monthly charts, VELO’s RSI readings show that the price is at support but rising gradually. An RSI at support levels typically signals that a cryptocurrency is not overbought or oversold, providing a solid foundation for further gains. 

The gradual rise in RSI also indicates increasing buying pressure. This can propel the price higher in the coming days and weeks.

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The post VELO Could Surge by 18,000%: Analyst Predicts, New ATH Soon? appeared first on Crypto News Land.