Crypto leaders met in Washington D.C. to express frustration over the Biden administration’s regulatory crackdown.

Anita Dunn attended the meeting and was surprised by the industry’s description of SEC actions.

Donald Trump has gained crypto industry support amid Biden’s regulatory actions, with significant campaign contributions from industry figures.

Top cryptocurrency executives confronted the Biden administration in Washington, D.C., on Wednesday, condemning what they saw as unfair regulatory attacks. California Congressman Ro Khanna and tech entrepreneur Mark Cuban co-organized the event, which took place at the Willard Hotel.

NEW: Just got some more detail from the @RoKhanna/@mcuban #crypto roundtable from a source: "A chunk of the meeting consisted of industry describing their terrible experiences with the @SECGov. Anita Dunn seemed genuinely surprised by our description of the SEC's actions."I…

— Eleanor Terrett (@EleanorTerrett) July 11, 2024

Over 30 influential people, such as Senator Kirsten Gillibrand, Ripple CEO Brad Garlinghouse, Anthony Scaramucci, and Mike Novogratz (former hedge fund manager), were present at the invite-only meeting. Officials from key cryptocurrency firms and trade associations were also in attendance, underscoring widespread industry concerns.

Anita Dunn, a senior advisor to President Biden, attended the conference but appeared unprepared for the industry’s harsh criticism. Many in attendance felt the SEC had overstepped its boundaries by intervening in matters that directly affected competition and creativity.

Amid Biden’s regulatory stance, Donald Trump has garnered support from the crypto community, with significant contributions from figures like the Winklevoss twins. Their $1.7 million contribution to Trump’s campaign underscores the political stakes of crypto regulation. Trump has positioned himself as a champion of the industry, promising to “end Biden’s war on crypto” and adopt a more favorable regulatory approach.

Mark Cuban described the meeting as advantageous to both the government and crypto industry. Cuban stated that the right people from the Senate, House, and White House were present. He expressed optimism about potential changes in how the Biden administration and Democrats support crypto.

The heated meeting underscored the growing tension between the crypto industry and the Biden administration. Industry leaders clearly conveyed their frustrations, but it remains to be seen whether this will lead to any policy shifts. 

With the election approaching, the administration’s stance on crypto regulation could significantly impact voter support. The responsibility for addressing these issues and possibly changing their regulatory strategy to keep the crypto sector’s backing now lies with the White House.

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Biden Under Pressure as Trump Gets $2 Million BTC from Gemini Founders Empowering Bitcoin Election 

The post Crypto Leaders Challenge Biden Administration in Washington D.C. Meeting appeared first on Crypto News Land.

Justin Sun’s Ethereum holdings surged to 362,751 ETH, worth $1.1B, signaling strong market confidence.

Ethereum 2.0’s staking now holds 47.36M ETH, 33.9% of supply, with growth from 10.9% in two years.

Despite lower reward rates, Ethereum’s $3,070 price holds steady, buoyed by staking and institutional interest.

Justin Sun’s leading Tron platform launched operations on the digital currency market through massive investments in Ethereum. As per the specification of Spot on Chain, Sun has purchased about 1,614 ETH at a $5 million USDT price value with an average rate of $3,097 per token.

12 hours ago, Justin Sun (@justinsuntron) allegedly spent 5M $USDT to buy 1,614 $ETH at ~$3,097.Since Feb 8, Justin Sun might have bought 362,751 $ETH (est. cost: $1.11B) at ~$3,047 via 3 wallets (more details in previous posts ).Note that he also deposited 45M $USDT to… https://t.co/xeW1usR3MJ pic.twitter.com/aJ4zhXFas2

— Spot On Chain (@spotonchain) July 11, 2024

Since February 8, his Ethereum holdings across three wallets have soared to 362,751 ETH, totaling an estimated $1.1 billion investment at an average price of $3,047 per ETH. This aggressive accumulation coincides with Sun’s strategic deposit of 45 million USDT into Binance, hinting at further Ethereum acquisitions shortly.

Ethereum 2.0: A Growing Staking Powerhouse

In the meantime, the staking ecosystem for Ethereum 2.0 has accomplished a noteworthy milestone. With 47.36 million ETH stored in the ETH2 Beacon Deposit Contract or 33.9% of the total Ethereum supply, this is a record quantity of ETH. The notable increase from just 10.9% two years ago suggests that staking is growing in popularity among ETH holders.

Moreover, data from Santiment underscores this trend, revealing a redistribution of ETH across various wallet tiers. Wallets holding over 10 million ETH, primarily associated with the Beacon Deposit Contract, have seen their share of the supply rise by 23% over the past two years. In contrast, wallets holding between 10K to 10 million ETH have experienced declines in their holdings, indicating a shift towards concentrated staking participation.

The ETH2 Beacon Deposit Contract, used for staking deposits for Ethereum 2.0, now holds an all-time high 47.36M ETH, This is good for 33.9% of the entire supply, and more than tripling since the 10.9% it held two years ago. pic.twitter.com/aCnEhfClfb

— Santiment (@santimentfeed) July 10, 2024

Economic Implications of ETH Staking and Market Resilience

Despite the surge in staking activity, both the reward and inflation rates for ETH staking have taken unexpected turns. While the reward rate, which represents the annual return for staked ETH, has decreased, signaling lower new ETH rewards per token, the inflation rate has also slowed down. This slower inflation could potentially benefit ETH’s value in the long term by limiting supply growth.

Furthermore, Ethereum’s price resilience around the $3,070 mark amidst market volatility suggests strong investor confidence, bolstered by Sun’s proactive buying strategy and the optimistic outlook for Ethereum ETF approval in the coming weeks.

Justin Sun’s aggressive ETH acquisitions and Ethereum 2.0’s expanding staking ecosystem are pivotal developments shaping the cryptocurrency landscape. As Sun continues to consolidate his ETH holdings, and with Ethereum 2.0 staking reaching new highs, the cryptocurrency community anticipates further market dynamics and regulatory developments in the near future. 

These factors not only underscore Ethereum’s robustness as a leading blockchain platform but also highlight its growing appeal among long-term investors seeking to participate in its staking opportunities.

Read also:

Justin Sun Supports Binance: Deposits 100M USD

Justin Sun: TRX Trading on FTX_Official has Resumed

How Justin Sun Profited Big from These 3 Airdrops: EIGEN, ETHFI, and ARB – The Full Story

Justin Sun and SBF Could Be the Buyers of Huobi Global

Binance Snubs Justin Sun’s Offer: Fear of China Ties or Power Play?

The post Justin Sun’s Ethereum Buying Spree and Ethereum 2.0 Staking Surge appeared first on Crypto News Land.

In his critique, Brad Garlinghouse labels SEC Chair Gensler a “Luddite,” hindering crypto innovation.

While receiving positive feedback, doubts linger about Democrats fully embracing cryptocurrency regulation.

XRP saw a 0.85% increase on July 10 amidst Ripple’s escalating legal conflict with the SEC. A court verdict is expected soon.

Ripple Labs Inc . CEO Brad Garlinghouse participated in a debate on cryptocurrency regulation organized by Democratic Congressman Ro Khanna. It assembled representatives of government and influential people, including Mark Cuban, to discuss how US law regulates cryptocurrency.

With confidence in the meeting’s potential influence, Ro Khanna thinks it will open the door for a strong regulatory framework pertaining to cryptocurrencies. In an appreciation post on X (previously Twitter), Garlinghouse called Khanna a remarkable leader who is dedicated to interacting with the cryptocurrency community. He attested to the attendance of Circle’s Chief Strategy Officer Dante Disparte, Coinbase CLO Paul Grewal, and Cuban. The conversation was also attended by important members of Congress and White House officials, such as Senator Kirsten Gillibrand and Assistant Democratic Leader Joe Neguse.

Thank you to @RoKhanna for being an exceptional leader and engaging with the crypto industry. This morning’s crypto roundtable, bringing together folks like @mcuban, @iampaulgrewal, @ddisparte, etc with the White House and key congressional leaders such as @SenGillibrand and…

— Brad Garlinghouse (@bgarlinghouse) July 10, 2024

Skepticism and Criticism

According to Eleanor Terrett of Fox Business, Anita Dunn, the president’s senior advisor, attended the meeting for around sixty minutes. Terrett emphasized the favorable first responses, characterizing the gathering as a “productive step forward.” Many cryptocurrency fans, meanwhile, are still pessimistic, thinking that Democrats are not yet prepared to fully accept cryptocurrencies.

In line with this opinion, Garlinghouse criticized the Democratic Party for endorsing SEC Chair Gary Gensler’s attempts to control the cryptocurrency market. Claiming that Gensler was undermining American innovation, he applauded the GOP’s position on crypto. For opposing cryptocurrencies, Gensler was called a “Luddite of his time” by Garlinghouse.

The political divide on crypto is evident in the campaign efforts of presidential candidates. Republican nominee Donald Trump has promised to support crypto companies, while President Joe Biden has nominated anti-crypto Democrat Caroline Crenshaw for a second term as SEC Commissioner. Despite the participation of some Democrats in Khanna’s meeting, many Americans doubt a shift in their stance on crypto.

XRP’s Market Performance

Financially speaking, on Wednesday, July 10, XRP witnessed a slight increase of 0.85% after ending at $0.4392 on Tuesday, July 9, with a gain of 0.97%. The major focus is still the continuing legal dispute between Ripple and the SEC. To bolster its argument against the SEC, Ripple has filed a Notice of Supplementary Authority citing the SEC v. Binance verdict. In response, the SEC stated that the Binance decision was unimportant.

Pro-crypto lawyer Fred Rispoli predicted a court verdict in the SEC vs. Ripple case by July 13. As the crypto market awaits the ruling, it remains business as usual for US lawmakers and the digital asset space.

Read also:

US House Democrats Not Whipped on Crucial Crypto Legislation

Democrats Fear Pro-Bitcoin Robert Kennedy Jr. May Win Presidential Race

Brad Garlinghouse Prediction: U.S. Investments to Catapult Crypto to New Heights

Liberates and Democrats Lead US Bitcoin Tech Adoption

Ripple CEO Brad Garlinghouse Predicts US SEC Will Lose War Against ETH

The post Brad Garlinghouse and Crypto Leaders Shape U.S. Crypto Regulation Future appeared first on Crypto News Land.

JasmyCoin takes the title as top gainer on the Binance top gainers list.

The altcoin now shows a bullish signal for an upward price spike. 

How far will the price of JASMY go if this breakout occurs?

As Bitcoin (BTC) continues its slow upward climb to get back up over the $60,000 price level, many altcoins are gearing up for a bullish breakout. In particular, popular altcoins like XRP, VET, WTK, ADA, and more are showing signals for incoming bullish waves.

Another popular altcoin that’s also showing bullish signs is the Bitcoin of Japan JasmyCoin (JASMY). The JASMY team expects the price of JASMY to hit $17 by 2026. This expectation paired with JASMY’s bullish partnerships and affiliation to Japan hints at a very high possibility for JASMY price to soar. 

The latest market dip brought JASMY price down unexpectedly. However, much like other resilient tokens like BTC and ETH, JASMY price has already begun to rally. In fact, many JASMY holders and crypto analysts noticed that JASMY printed a crucial green candle sometime yesterday which has now led to a major comeback for JASMY price. 

This little green candle might be the beginning of a massive wave 3 for #JASMY pic.twitter.com/1MEidh6LAO

— Andre De Nero (@AndreDeNero) July 10, 2024

According to the chart above, JASMY printed a crucial green candle yesterday. Now 24 hours later, the price of JASMY is in the green based on CoinMarketCap analytics. The price of JASMY now stands at $0.024. 

At the same time, JASMY earned the title of top Binance gainer once again. In the list of top Binance gainers, JASMY made a rally then till $0.025 with over an 8% price spike. Analysts expect this rally to keep marching upwards. 

$JasmyJasmy Getting Ready For 45-50% Bullish Wave Consolidating In Descending Channel Incase Of Successful Breakout Expecting Solid Bullish Rally#Crypto #Jasmy pic.twitter.com/ADsZVaJP0f

— World Of Charts (@WorldOfCharts1) July 10, 2024

In detail, one JASMY enthusiast notices a great bullish rally coming for JASMY. He says holders can expect a 45%-50% bullish wave caused by a consolidation of a descending channel that could lead to a successful breakout.

Read Also

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JASMY Will Hit $17 According to JasmyCoin CFO and CEO, an Expectation for when JASMY Hits 107 Million Users

JASMY Price Bullish Once Again as Green Signal Sends JASMY Price Back Towards the Upward Trend 

The post JASMY’s Green Candles Lights a Path for 50% Bullish Wave, Gains Top Gainer Title on Binance appeared first on Crypto News Land.

XRP’s strong support at $0.40 has been tested repeatedly, providing a solid foundation for potential future price growth.

Breaking the $0.90 resistance could trigger a bullish trend, with projections suggesting XRP might reach up to $20 long term.

Despite a 24.68% drop in 2024, major investors’ confidence in XRP remains strong, indicating ongoing accumulation.

XRP has shown resilience despite recent market volatility. Currently priced at $0.4318, XRP has a strong support level at $0.40. This level has been repeatedly tested over the past year, providing a solid foundation for potential future growth. Analysts suggest that with increasing trading volume and a double bottom pattern, XRP may be poised for a significant price increase.

$XRP showing strong support at $0.40. With increasing volume and a double bottom pattern, it's certain to reach $0.90. Next target: $2.00, then on to $20. #XRP #Crypto pic.twitter.com/8SQ40rjlHF

— Armando Pantoja (@_TallGuyTycoon) July 10, 2024

Current Price and Support Level

At press time, XRP was trading at $0.4423, slightly above its strong support level of $0.40. This support level, marked by multiple tests over the past year, serves as a critical foundation for the cryptocurrency. The yellow horizontal line on the price chart indicates this level, highlighting its importance in the market’s perception of XRP’s stability.

Source: Armando Pantoja on X

Resistance and Future Projections

A key resistance level for XRP is noted at $0.90, marked by a green line on the chart. If XRP breaks above this resistance, analysts project a bullish trend. The speculative future price movement is depicted as a green ascending line, suggesting that XRP could reach $0.90 and potentially continue to $2.00 and beyond, possibly even hitting $20 in the long term.

The trading volume for XRP has seen spikes corresponding to major price movements. These spikes indicate increased interest and activity among traders, which can influence the cryptocurrency’s price. The historical data from May 2023 to July 2024 shows a general downtrend or consolidation phase, but the analysis suggests a potential bullish reversal in the near future.

Recent Performance and Market Comparison

Since the beginning of 2024, XRP’s performance has been slow. In January, it traded above $0.60 but quickly dropped below the psychological thresholds of $0.60 and $0.50. 

Currently, XRP is down by 24.68% since the start of the year. This decline contrasts sharply with other major cryptocurrencies like Bitcoin, which has risen by 41% in 2024, and Ether, which has increased by 43.6%.

Despite these declines, confidence among major investors in XRP remains strong. The number of addresses holding large amounts of XRP continues to grow, indicating ongoing accumulation and belief in the cryptocurrency’s long-term potential.

Read also

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XRP’s Decisive Moment: Breaking $0.75 Barrier for Bullish Reversal

The post XRP’s Resilience: Strong Support and Potential Bullish Reversal Amid Market Volatility appeared first on Crypto News Land.

While Filecoin’s journey to a $1,000 price point faces substantial barriers and Dogwifhat has seen a sharp 15% value decline, the focus is now on BlockDAG (BDAG), considered the next major player in the crypto sphere, as it prepares for a significant team and CEO reveal.

BlockDAG is ready to ramp up community engagement by introducing its core team on July 29th, followed by an interactive AMA session on July 30th. Having already achieved a 1300% growth up to its current Batch 19, BlockDAG anticipates a 40% increase in price following this grand reveal. With aims to reach $10 by 2025, it’s positioned as a prime choice for those seeking stability and substantial growth in the crypto market.

Dogwifhat Faces a Rocky Road

Recent updates show that Dogwifhat (WIF) has suffered a 15% loss in value within just a day, wiping out gains from its last surge. This downturn, part of a larger market decline, was intensified by a significant investor offloading 900,000 WIF tokens, totaling about $1.64 million.

Despite challenges in the spot market, the WIF derivatives market experienced a 25% spike in trading volume, ranking Dogwifhat as the third most-traded meme coin. Nevertheless, over $3 million in WIF positions were liquidated, primarily those betting on price increases. Some investors view these dips as opportunities, hoping for a rebound to previous highs. Future updates will be pivotal in determining Dogwifhat’s path.

Filecoin’s Ambitious Price Goals: A Tough Climb

Filecoin’s price projection shows daunting hurdles in reaching the $1,000 mark, requiring a 252-fold increase to achieve a market cap of around $569.39 billion—a goal seen as impractical. Even a more modest $100 target poses significant challenges, needing a 25-fold increase to reach a market cap of approximately $56.94 billion.

Despite these obstacles, Filecoin’s recent collaborations, like those with Bagel and NVIDIA for AI applications, signal progress. Thus, the forecast for Filecoin is cautiously optimistic, urging investors to monitor developments closely.

BlockDAG’s CEO & Team Reveal: Catalyst for Growth

BlockDAG is set to dramatically boost team engagement with its community through eagerly awaited events. On July 29th, BlockDAG will unveil its CEO, Executive Team, and Advisory Board, offering a unique chance for the community to meet the minds behind this emerging crypto giant. This significant announcement will showcase the team’s academic and professional achievements, fostering a deeper connection with the community.

Following this, an ‘Ask Me Anything’ session on July 30th will feature live responses from BlockDAG’s CEO to the community’s most pressing questions, further enhancing transparency and engagement.

These events create a buzz in the crypto world, driving increased participation and investment in BlockDAG’s presale. The CEO and team reveal and the AMA session are expected to trigger a 40% increase in presale prices, reflecting growing investor confidence in this promising crypto.

Looking to the future, BlockDAG’s price is projected to reach $10 by 2025. Starting at $0.001 in Batch 1, BlockDAG’s price has surged to $0.014 in Batch 19, marking an impressive 1300% increase. With $57.2 million raised and over 12 billion BDAG coins sold, the next batch is expected to achieve a 1400% growth. This strong market traction underscores its potential as a stable investment, with a projected 30,000x ROI, solidifying its position as the next big crypto.

Closing Remarks

BlockDAG’s forthcoming team reveal and AMA is poised to significantly enhance community involvement and trust, underscoring its promising future in the cryptocurrency arena. Meanwhile, Filecoin’s ambitious pricing targets and Dogwifhat’s market fluctuations present ongoing challenges. BlockDAG’s strategic moves offer stability and growth potential, positioning it as an attractive option in the volatile crypto market.

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 Leadership Unveiling Poised to Spark 40% Surge Amid Filecoin’s Struggles & Dogwifhat’s Downturn appeared first on Crypto News Land.

WadzPay (WTK) saw a decline in value over the last couple of days.

This was caused by FUD pertaining to one of the project’s leaders.

WTK long-term holders remain resolute and expect the price to hit $10 in the long run.

The WadzPay (WTK) crypto project experienced an unexpected price decline as FUD sank amongst paper hands in the community. In response, diamond hands within the WTK community rationalize and look at the big picture, WTK’s explosive future. 

In detail, the WTK fell from $0.048 to $0.031 between July 9 – July 10. This steep decline was caused by the fact that one of WadzPay’s leader’s Jason Sarria-Solis, changed his bio on X. While his X profile doesn’t mention his affiliation with WadzPay, his LinkedIn profile continues to do so.

Many new members of the WadzPay community say their resolve was shaken upon the affiliation removed on Jason’s X profile which led to mass selling of WTK. In return seasoned WTK holders insist on buying the dip even if Jason left the project. This is because ultimately WadzPay has come a long way, leagues from where it began. 

So far, the project has secured licenses in many parts of the world to meet global standards and regulatory concerns. Thus, long-time holders believe that WTK is on the brink of a massive upward price explosion and encourage new holders to join the project for its vision, not its team alone.

$10 is a magnet Big ass triangle projection $WTK pic.twitter.com/yGX2bjDbX1

— CryptoHunter(WTK) (@Crypt0_Hunter_) June 22, 2024

One user specifically believes that the price of WTK will climb up to $10. He says all the price action on the WTK charts so far support this big picture conclusion. He made multiple posts sharing his insights on the matter and encouraged new users not to be influenced by FUD.

Over the last few months, WadzPay has secured a VASP and VARA license to set its mission in motion. By meeting regulations in the UAE, WadzPay will soon gain lots of global attention by working with Dubai clients. 

Another aspect ushering bullish waves to the project is the fact that the WadzPay team mentioned that 2 tier-1 listings will be launched for WTK this month. So bullish was this news that WTK price spiked on July 1, 2024. 

Since then, WTK holders have been speculating which tier-1 exchanges will meet the criteria for a WTK listing. Many expect Binance to be one as it offers a ramp for direct AED transactions which could be a crucial requirement for WadzPay’s Dubai clients.

Read Also

WadzPay Pumps 25% Amid Tier-1 Listing Launch in July, How Much Will WTK Pump Once Listed?

WTK Price Expectations Shoot to $1 by December as WadzPay Shares Latest Project Insights

WadzPay’s Latest Project Update Fuels Optimism, Will WTK Reach $1 by December?

How Ripple Founders Planned it All: XRP Army Dives Into XRPL Wallets to Uncover Resolute Vision

Why WadzPay Token Price Is Skyrocketing, Up By Over 300%, More Bullish WTK Movement Still Expected

The post $10 WTK Price Expectation Remains Strong as WadzPay Diamond Hands Stand Resolute Amidst FUD appeared first on Crypto News Land.

Trump to address Bitcoin 2024, reflecting his growing support for the crypto community and mining industry.

Bitcoin 2024 moves to Nashville, emphasizing the event’s expanding prominence in the cryptocurrency sector.

Trump’s pro-Bitcoin stance contrasts with President Biden’s approach, highlighting differing U.S. crypto policies.

President Donald Trump will be a featured speaker at Bitcoin 2024, the world’s largest Bitcoin conference, scheduled to take place in Nashville, Tennessee, from July 25-27. This announcement shows the event’s importance and its growing influence within the cryptocurrency sector.

OFFICIAL: DONALD TRUMP TO SPEAK AT THE WORLD'S LARGEST #BITCOIN CONFERENCE THIS MONTH! pic.twitter.com/VOqaUpo3tG

— Bitcoin Magazine (@BitcoinMagazine) July 10, 2024

Event Moves to Nashville

Bitcoin 2024 marks a transition for the conference from Miami to Nashville. This change reflects the event’s expanding prominence. The conference has consistently been a platform for major industry announcements and historical moments. 

Donald Trump’s participation in Bitcoin 2024 is particularly noteworthy. Over the past months, Trump has shown a growing commitment to the Bitcoin community. He recently met with major U.S. Bitcoin miners, including representatives from CleanSpark and Riot Platforms. 

Trump pledged his support for Bitcoin mining operations and emphasized the importance of the industry in both domestic and global contexts. In May, Trump assured the Bitcoin community that, if elected, he would protect the right to self-custody for the nation’s 50 million crypto holders and ensure the future of Bitcoin and crypto development in the USA.

Contrasting Views on Cryptocurrency

Trump’s pro-Bitcoin stance stand is a contrast to that of his opponent, President Joe Biden, who has been less favorable towards the cryptocurrency industry. However, recently he has been linked to switching his stance towards crypto including accepting donations in terms of crypto.

Bitcoin 2024 aims to build on the successes of previous conferences. In 2021, El Salvador’s President Nayib Bukele declared Bitcoin legal tender during the event.

Subsequent conferences continued this tradition of significant announcements, including Robert F. Kennedy Jr.’s endorsement of Bitcoin at Bitcoin 2023.

Trump’s Crypto Policy Integration

Since expressing support for the industry at an NFT gala this spring, Trump has integrated pro-Bitcoin policies into the Republican Party platform. This move has further distinguished his stance from the Biden administration. 

Trump’s upcoming speech at Bitcoin 2024 is expected to reinforce his image as a supporter of cryptocurrency, despite earlier reservations

Read also

Donald Trump Advocates for U.S. Leadership in Cryptocurrency

Aspiring US President Advocates for Bitcoin Mining at Mar-a-Lago

Donald Trump Flips Stance on Crypto, Endorses Digital Assets in Presidential Race Against Biden

Donald Trump Vows to Build the Future of Bitcoin in the US and Never Allow the Creation of CBDC Much Like Robert Kennedy Jr

Trump’s Bitcoin Promises Accused as Scams, Voters Believe the Former US President Will Say Anything for Votes

The post Donald Trump Set to Speak at Bitcoin 2024 Conference in Nashville appeared first on Crypto News Land.

With new crypto coins popping up in the market every other day, how do you choose your reliable big investment? MoonBag coin, Algorand, and Immutable X are the three most intriguing options in the crypto world, each with its own unique strengths. Though Algorand and Immutable X are impressive in their aspects and features, when it comes to competing MoonBag scalability, Algorand and Immutable X are still not up to the mark. 

You must have heard about the explosive ROIs of the MoonBag coins, but this cute monkey meme coin isn’t just about flashy numbers. There’s more, the MoonBag scalability and stability are backed by solid strategies that promise long-term growth for its stakeholders. With MoonBag, early adopters have seen gains that are not only just a win but a definite moonshot. 

Algorand – How Is It Setting Pace In The Crypto World?

Have you ever come across a blockchain with turbo transaction speed that is also eco-friendly? That’s Algorand for you. It is a tech marvel that utilises Pure Proof-of-Stake (PPoS) to zip through the transactions at over 1,000 per second, making it one of the most efficient players in the crypto game. But does it stop here? No, it doesn’t. Algorand has a special sustainable design. It consumes just a fraction of the energy that other blockchains burn through.

The PPoS consensus mechanism of Algorand adds to the coin’s security. It further prevents forks and ensures consensus among the network participants. This approach maintains decentralisation while reducing potential attacks. 

Immutable X – The NFT Revolution You Can’t Ignore

Immutable X is purely about non-fungible tokens (NFTs). It is a Layer-2 scaling solution built on Ethereum, which provides a fast, secure, and gas-free platform for buying, selling, and trading digital collectibles. Its use of zks-rollups technology allows it to process up to 9,000 transactions per second. 

On the other hand, Immutable X’s native token (IMX) has seen a positive market, bolstered by the growing popularity of NFTs. The platform’s integration with the major NFT projects continues to drive its adoption and value. 

MoonBag’s Approach To Scalability 

MoonBag coin has set the crypto world ablaze with its rapid returns and rewards. Now, the real question that needs attention is about the MoonBag scalability. Starting from basics, scalability in the crypto world refers to a blockchain’s ability to handle increasing transaction numbers that too without slowing down and with no hidden additional costs. It’s simply about reassuring that as more users join the network and more transactions are made, the system remains efficient, secure and cost-effective. 

MoonBag Scalability – Why Is It The Talk Of The Town?

MoonBag scalability integrates Layer-2 solutions that take it to the next level. These solutions allow transactions to be processed off-chain, significantly increasing the number of transactions the network can handle with ease. It also reduces congestion and fees on the main chain. 

MoonBag uses highly efficient smart contracts that execute faster and more securely. These contracts are synced to handle complex transactions without slowing down the network and overall process. This makes it ideal for various applications, from DeFi to NFTs.

Easy Way To Buy MBAG Coins 

It’s simple to buy your MBAG coins. First, visit the MoonBag website and hop straight to the How To Buy section. Move forward with setting up a reliable wallet. Once your wallet is ready, transfer funds to your wallet in USDT. Lastly, follow the MoonBag guidelines to purchase MBAG coins. Secure your coins to use whenever convenient. 

Wrapping Up – Why MoonBag Is The Talk Of The Town 

Investing in MoonBag coins is not just about chasing the next big gain; it’s all about being part of a community that’s geared for remarkable astronomical growth. While Algorand and Immutable X offer strong technological solutions and niche market focuses, MoonBag’s scalability and strategic incentives, like referral programs and liquidity management, set it apart as a high-risk and high-reward opportunity. Happy investing with MoonBag!

Invest in MoonBag Presale

Website: https://moonbag.org/ 

Presale: https://moonbag.org/presale 

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org 

The post MoonBag, Algorand & Immutable X Battle for Investor Attention appeared first on Crypto News Land.

While Filecoin faces hurdles in achieving a $1,000 valuation and Dogwifhat suffers a sharp 15% decline in market value, BlockDAG gears up for a pivotal revelation of its CEO and team. This anticipated event is set to enhance investor relations and community involvement significantly.

BlockDAG is preparing to bolster community connections by introducing its leadership team on July 29th, followed by a detailed AMA session on July 30th. With a robust 1300% growth to date in its current Batch 19, BlockDAG expects a 40% increase in price following this major reveal. Projected to reach $10 by 2025, BlockDAG positions itself as a prime candidate for long-term stability and growth.

Dogwifhat’s Market Challenges

Recent updates indicate that Dogwifhat has faced a 15% decrease in value within a single day, negating previous gains. This drop is part of a broader market downturn, intensified by a significant investor selling off 900,000 WIF tokens, totaling about $1.64 million.

Despite the downturn in the spot market, the derivatives market for WIF saw a 25% rise in trading volume, placing Dogwifhat as the third most sought-after meme coin. However, over $3 million in WIF positions were liquidated, mainly those betting on price increases. Some investors view this as a potential rebound opportunity, hoping for a recovery to former glory. Future updates will be key to Dogwifhat’s market direction.

Filecoin’s Price Ambitions

The price forecast for Filecoin suggests significant challenges in reaching the ambitious $1,000 mark, requiring a 252-fold increase to a market cap of approximately $569.39 billion—a target considered impractical. A more modest goal of $100, needing a 25-fold increase to a market cap of about $56.94 billion, appears tough but achievable.

Despite these challenges, Filecoin’s recent strategic partnerships, including collaborations with Bagel and NVIDIA for AI solutions, demonstrate potential progress. Thus, Filecoin maintains a cautiously optimistic outlook.

BlockDAG’s Big Reveal Poised to Boost Prices

BlockDAG is set to deepen its community engagement with the highly anticipated introduction of its CEO and key team members on July 29th. This event will highlight the team’s academic and professional expertise, building a stronger community bond. The subsequent AMA on July 30th, where the CEO will answer trending community inquiries, will further transparency and engagement.

These events are generating significant excitement within the crypto community, encouraging more participation and investment in the presale. The reveal and AMA are expected to drive a 40% increase in presale prices, signaling rising investor confidence in this burgeoning crypto.

Looking forward, BlockDAG’s pricing strategy forecasts a rise to $10 by 2025. From a starting point of $0.001 in Batch 1 to $0.014 in Batch 19, the 1300% growth is impressive. With $57.2 million raised and over 12.05 billion BDAG coins sold, BlockDAG is on track for 1400% growth in the next batch. This promising trajectory underscores its potential as a stable investment with a projected 30,000x ROI, reinforcing its position as a top future crypto.

Logging Off

BlockDAG’s upcoming team introduction and AMA is set to greatly enhance community involvement and trust, marking it as a crypto leader to watch. Meanwhile, Filecoin’s ambitious price targets and Dogwifhat’s volatility highlight ongoing market challenges. BlockDAG’s initiatives stand out, offering stability and growth prospects, making it an attractive option in the evolving crypto arena.

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 Major Team Reveal Primed to Ignite a 40% Price Spike As Filecoin and Dogwifhat Prices Fluctuate appeared first on Crypto News Land.

Binance’s partial victory in the SEC lawsuit dismissed claims related to BUSD, Simple Earn, and secondary BNB sales.

Judge Jackson’s ruling supports the doctrine that crypto tokens and programmatic sales are not securities.

The SEC may amend its complaint against Binance, seeking more evidence to strengthen its case.

In a recent development in the SEC lawsuit against Binance, its former CEO Changpeng Zhao, and Binance.US, Judge Amy Berman Jackson has ended the discovery phase. The court dismissed the SEC’s claims regarding sales of BUSD, Simple Earn, and secondary sales of BNB.

Breaking: Judge Issues Key Orders In Binance Vs SEC For Motions To Amend Rulinghttps://t.co/7y0A8IFLT1

— John Morgan (@johnmorganFL) July 10, 2024

Judge Jackson issued several minute orders to conclude the discovery phase. According to court filings, she asked the parties to file a joint submission by July 29 for further proceedings. Binance and the SEC must set deadlines for any motion to amend the complaint or seek relief from the recent motion to dismiss the decision.

Growing Legal Tensions and Proceedings

Parties seeking amendments or relief must submit plans for how discovery would proceed if such motions are filed. They must also consider whether discovery should occur in phases. Additionally, a minute update on scheduling conference proceedings was added to the docket for meeting and conferring on filing a joint submission by the court’s deadline.

Binance’s partial victory has sparked positive sentiment in the crypto market. The judge indirectly sided with Judge Torres’ doctrine on crypto secondary sales and programmatic sales not being securities. The court ruled that crypto tokens are not securities and that sales of BNB on secondary exchanges were not sufficiently alleged to be securities. Stablecoin BUSD was also not classified as a security, based on US DOJ filings in the Mango Markets lawsuit that contradicted the SEC’s stance.

Implications and Future Actions

Although the motion to dismiss by Binance.US was rejected, the exchange remains vigilant and prepared for the next phases of this legal journey. This latest development follows Binance’s recent victory over the SEC, where the court dismissed several charges against the exchange. The court ruled that the SEC did not provide enough evidence to prove that BNB’s secondary market sales were securities transactions. However, the court upheld other charges, including those related to the initial token offering and ongoing sales.

The SEC sued Binance and its CEO last year over alleged wrongdoings, including diverting customer funds and misleading investors. The SEC also claimed that Binance inflated trading volumes and failed to prevent US customers from using its platform. Additionally, the SEC alleged that Binance allowed the trading of financial products that were not properly registered.

Industry Reactions and Regulatory Impact

The CEO and co-founder of Enumma, David Barrera, proposed that the SEC revise its initial complaint in order to make a stronger argument. This could indicate that the SEC is looking for more proof before filing new allegations against Binance. The legal battle between the SEC and Binance is part of a bigger effort to tighten rules on the cryptocurrency market. Coinbase and Kraken, two more well-known Bitcoin exchanges, have both been the target of similar measures.

Others think that even if the SEC works to stop money laundering and the funding of terrorist groups, this legislation may hinder innovation in the Bitcoin space. Due to allegations, including money laundering, Binance has been prohibited by several countries. As the Binance case moves forward, the cryptocurrency industry expects more clarity in cryptocurrency regulations.

Read also:

Crypto Market Recovery Underway as Bitcoin Re-Enters Price Discovery Phase

Binance Embraces Semi-Automation for Token Reserves Management

FLOKI Celebrates New ATH as FLOKI Price Catches Up With Platform Success, Altcoin Enters Price Discovery with BNB

US District Court Dismisses Key SEC Claims Against Binance in Regulatory Case

Coinbase Prevails in Lawsuit Over Secondary Sales of Crypto Transactions

The post Binance Secures Partial Victory in SEC Lawsuit, Discovery Phase Ends appeared first on Crypto News Land.

The crypto sphere is brimming with pivotal updates as we head into Q3. BlockDAG is poised to introduce its CEO, Executive Team, and Advisory Board on July 29th, which is anticipated to spotlight the architects behind its success and potentially boost its value by 40%. This comes at a time when other cryptocurrencies like DADDY Tate struggle to make significant gains, and Polygon (MATIC) seeks to deliver promising returns amidst Ethereum’s scalability challenges.

Ethereum Classic Faces Downturn: A Deep Dive Into the Causes

Ethereum Classic (ETC) has been experiencing a downturn, with its network activity sinking to the lowest levels of 2024, resulting in a drastic 30% price drop in July. This has dampened investor interest, as many opt for newer, more vibrant crypto ventures. This shift is reflected in Ethereum Classic’s subpar network performance, which continues to exacerbate its decline. As the market gears up for a potential bull run, Ethereum Classic faces the challenge of reigniting investor interest to stay afloat.

FET’s Price Surge: A Merger with AI Alliance Spurs Growth

Fetch.ai (FET) is witnessing a surge in activity and price due to its upcoming merger into the Artificial Superintelligence Alliance (ASI). This pivotal move has attracted significant attention from crypto whales, leading to an accumulation of over $72 million in FET. The market’s optimism is tangible, with projections of a potential breakout post-merger, placing FET as a frontrunner in the AI token market and bolstering investor confidence during a period of market consolidation.

The Final Countdown to BlockDAG’s July 29th Team Reveal

The wait is almost over. On July 29th, BlockDAG will unveil its executive team, igniting excitement across the cryptocurrency community and prompting lively discussions. This reveal will offer a glimpse into the brilliant minds steering BlockDAG’s technology, deepening the bond between the project and its followers.

This event is a major milestone for BlockDAG, underscoring its dedication to openness and its role as a leader in blockchain technology. The crypto community is abuzz with anticipation, keen to discover the visionaries propelling BlockDAG forward.

An AMA session with BlockDAG’s CEO will follow on July 30th, with additional information to be announced soon. Moreover, an exclusive documentary scheduled for release on August 22nd will provide an intimate look at the BlockDAG team’s evolution, further solidifying the relationship with its audience.

Recent enhancements to BlockDAG’s dashboard have significantly boosted interest in the upcoming reveal. These updates make it easier for users to monitor their transactions, rankings, and referral rewards, improving both user interaction and investment oversight. Additionally, with over $57.1 million gathered in its presale stages and a 1300% price rise by the 19th batch, BlockDAG has demonstrated robust investor trust.

Summary

As Ethereum Classic struggles and Fetch.ai (FET) prices climb, the crypto landscape continues to evolve, with new opportunities cropping up regularly. BlockDAG’s upcoming reveal on July 29th is set to be a watershed moment, deepening community ties and enhancing its profile. The project’s commitment to user-friendly technology is evident in its updated dashboard, which simplifies investment tracking and enhances interaction. This strategic blend of transparency, innovation, and community focus positions BlockDAG as a formidable force in the crypto world.

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 Big Bang: July 29th CEO Reveal Set to Ignite a 40% Price Explosion! Watch Ethereum Classic Stumble and FET Rocket appeared first on Crypto News Land.

Understanding the latest shifts in the cryptocurrency sector is vital for astute investment choices. To this end, BlockDAG, a pioneering layer-1 cryptocurrency, will host an AMA (Ask Me Anything) on July 30th. This session will unveil deep insights into its robust roadmap following a major unveiling of its CEO and the entire team. Riding on the back of a $57.1 million presale triumph and a 1300% price leap, this event is poised to bolster investor trust and propel the price to $10 by 2024. 

On another front, NEAR Protocol has witnessed a notable uptick in user engagement and transactions, achieving a 5.27% increase in its price. Conversely, Litecoin grapples with substantial challenges amid its 8-year price cycle as it nears its upcoming peak.

NEAR Protocol Witnesses Surge in Engagement

A significant spike in user engagement and transactions marks NEAR Protocol’s recent performance. In June, NEAR led major blockchains with 16.9 million active addresses and clinched second place in acquiring new users since the start of 2023. These activities have propelled NEAR’s price by 5.27% in the past day to $4.74. Analysts predict a price rebound driven by heightened buying interest and favorable market sentiment.

Anticipating Litecoin’s Next Peak in its 8-Year Cycle

Adhering to an 8-year cycle, Litecoin’s pricing trends have historically indicated major surges aligning with the global market and technological shifts. Analysts observe that these cycles align with significant crypto market milestones, which contribute to Litecoin’s periodic spikes. The current cycle points to possible high valuations, steered by market dynamics and investor activities, suggesting that LTC might achieve peaks ranging from $65k to beyond $100k.

BlockDAG Leadership to Engage Community in Upcoming AMA

The BlockDAG community is eagerly preparing for an engaging AMA (Ask Me Anything) session on July 30th. This gathering allows both community members and potential investors to directly interact with the CEO, executive team, and advisory council. It comes right after the team introduction on July 29th, where the primary figures of the BlockDAG initiative will be showcased.

The upcoming live AMA will tackle a variety of questions from the community, shedding light on BlockDAG’s ongoing developments, future endeavours, and strategic blueprints. By engaging firsthand with the leaders, participants will gain a clearer picture of the project’s objectives and technological progress.

Such initiatives as the team introduction and the AMA demonstrate the project’s dedication to openness and active community involvement. An increasing number of investors are anticipated to discover BlockDAG’s cutting-edge methods and comprehensive developmental strategy, which is expected to boost interest in the project and contribute to its growth and enduring success.

In light of these events, there is speculation about a possible increase in the value of BlockDAG coins. Backed by solid community support and escalating investor confidence, the coin’s value is expected to climb to $10 by 2025. This forecast relies on the project’s robust technological base, strategic efforts, and expanding visibility in the market. Currently valued at $0.014, BlockDAG has experienced a remarkable 1300% increase in price since its debut. Consequently, BlockDAG’s market value is solidifying its status as the prime cryptocurrency to invest in by 2024.

Final Reflections

BlockDAG’s forthcoming AMA, succeeding its $57.1 million presale, is set to enhance transparency and strengthen investor trust. As NEAR Protocol experiences user growth and Litecoin continues through its cyclical journey, BlockDAG’s progressive strides are creating significant investment opportunities with a remarkable 1300% rise in price. As these events unfold, investors are poised to make strategic decisions with BlockDAG, eyeing substantial returns in the evolving cryptocurrency 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 Most Awaited AMA on July 30th: A Leap to $10 by 2025? NEAR & Litecoin Tread Water appeared first on Crypto News Land.

Are you concerned about your financial future with traditional investments being so unpredictable? Recent developments in the cryptocurrency world have highlighted the potential for significant profits and more accessible financial opportunities. As established coins like Dogecoin and Monero face challenges, MoonBag emerges as a promising alternative with its innovative presale approach, attracting over $3 million in funding.Among these presale offers are the ability to gain 9900% ROI for presale joiners, MoonBag Staking Rewards that grant you 88% APY on staking with MBAG, and a buying value of $0.00030.MoonBag Crypto presents a compelling case with features like a robust liquidity structure and attractive staking rewards for those seeking to diversify their investment portfolios and harness the potential of emerging digital asset. Explore how MoonBag empowers you to navigate and capitalize on new opportunities in the cryptocurrency market. in the cryptocurrency

Will Dogecoin’s Recent Price Declines Impact Its Long-Term Viability Amidst Challenges in the Crypto Market?

Dogecoin, once considered a leader in the meme coin sector, is currently facing significant challenges in the cryptocurrency market. Recently, Dogecoin has seen a sharp decline in value, dropping by 10% in a short period and trading around $0.099. This decline has been accompanied by notable market volatility, including a 7.30% decrease within just one week. Additionally, large investors (whales) have reduced their trading activity in Dogecoin by 55%, adding to concerns about its stability.

These issues have prompted investors to explore alternatives such as MoonBag crypto, which offers innovative features and the potential for higher returns. As a result, interest in MoonBag has grown as investors look for promising opportunities in the evolving cryptocurrency landscape.

Is Monero (XMR) Facing an Uphill Battle Amidst Price Volatility?

Monero (XMR) has been navigating through significant price fluctuations, currently trading below crucial daily moving averages like the 20, 50, 100, and 200-day marks. Despite finding support above $120, Monero struggles to breach the $130 barrier, which could potentially lead to a period of sideways consolidation. Recent market actions reflect this volatility, with Monero surging from $102 to $170 and then retracing back to $120 within a span of just one week.Predictions for Monero’s future price trajectory suggest a potential rise to $280.23 by the end of 2024, but the path remains uncertain amidst ongoing market challenges.

The recent decline in prices has left investors cautious, prompting them to seek superior alternatives. In response, MoonBag has garnered attention with its enticing rewards and strong potential for price appreciation. MoonBag stands out as a symbol of stability and growth, providing a dependable option for investors navigating the cryptocurrency landscape.

MoonBag’s Rapid Ascent: Leading the Crypto Presale Market

MoonBag’s successful presale has propelled it to the forefront as a top crypto presale, having raised an impressive $3.3 million. This achievement not only solidifies MoonBag’s position in the competitive crypto market but also reflects strong investor confidence in its innovative approach and robust features. Offering an enticing 88% APY through its staking program and with over 15.13 billion MBAG coins already staked, MoonBag stands out as a lucrative investment opportunity. Priced at just 0.0003 USDT during the presale, MoonBag is projected to potentially rise to $0.25 by November 2024 and ambitiously target $1 by 2025.

Its strategic buyback and burn strategy ensures scarcity and aims to increase coin value over time, distinguishing MoonBag from other meme coins. As MoonBag prepares for listing on major exchanges, early investors are poised to reap substantial rewards, making MoonBag a prime choice for those seeking high-growth potential in the crypto space.

A Comprehensive Guide to Acquiring MoonBag Coins

To secure MBAG coins, follow these clear steps:

Begin by downloading and configuring a compatible wallet such as MetaMask or Trust Wallet.

Fund your wallet with your chosen cryptocurrency, such as ETH, BNB, or USDT.

Navigate to the official MoonBag website  and securely link your wallet.

Specify the quantity of MBAG coins you intend to purchase and complete the transaction seamlessly.

Let’s take advantage of this opportunity to acquire each coin at only $0.0003 during the ongoing presale phase.

Maximize Your Rewards with MoonBag’s Referral Program

Join MoonBag’s referral program to earn more MBAG coins by sharing your unique code. New referrals receive a 10% bonus on their purchases, and you can compete on the leaderboard for monthly prizes.

Conclusion 

MoonBag presale stands out as 2024’s top crypto presale, offering robust liquidity and substantial returns amidst challenges faced by Dogecoin and Monero. Joining MoonBag promises lucrative rewards and positions investors in a vibrant community. With an impressive 88% APY through its staking program, MoonBag surpasses alternatives like Dogecoin and Monero, making it a standout choice for maximizing investments in meme coins.

Don’t miss out on this opportunity to secure your place on the MoonBag rocket – invest in the future of memes and financial freedom today!

Invest in MoonBag Presale 

Website: https://moonbag.org/

Presale: https://moonbag.org/presale

Telegram: https://t.me/moonbag_officialTwitter: https://twitter.com/moonbag_org

The post Is MoonBag’s Strategic Dominance, with $3.1 Million Raised and 88% APY, Leaving Monero and Dogecoin Behind? appeared first on Crypto News Land.

As the third quarter unfolds, the crypto scene buzzes with substantial news. BlockDAG, a prominent layer one presale project, is poised to introduce its CEO, Executive Team, and Advisory Board on the 29th of July. This landmark event is set to spotlight the brilliant team propelling BlockDAG to the forefront of the crypto investment sphere.

This grand revelation is anticipated to catalyze a 40% surge in BlockDAG’s valuation, shifting focus away from other cryptocurrencies. In contrast, the DADDY Tate token, despite its recent upsurge driven by social media influencer Andrew Tate, failed to meet expectations. Meanwhile, Polygon (MATIC) continues its efforts to tackle Ethereum’s scalability issues, eyeing potential robust returns.

DADDY Tate’s Price Peaks Yet Underwhelms

In the past 24 hours, DADDY Tate has seen a 39% price increase, touching $0.1547, bolstered by Andrew Tate’s persistent social media promotion. Its trading volume has swelled by 181%, reaching $27 million.

Investors are urged to tread carefully. While the token currently trades above both the 50-day and 200-day Simple Moving Averages and showcases a climbing Relative Strength Index, its future direction remains hazy with possible resistance and support levels identified at $0.1621 and $0.1285, respectively.

Polygon (MATIC) Eyes Substantial Returns

Polygon is capturing investor interest with potential 200% returns. As a Layer 2 solution, it aims to reduce Ethereum’s high fees and slow transactions, appealing to both developers and investors.

Its continuous updates and strategic alliances have strengthened its market presence. Despite the enticing potential for a 200% ROI, investing in Polygon involves calculated risks, considering its promise to enhance scalability and efficiency.

BlockDAG’s Team to Be Unveiled on July 29th

In less than three weeks, on July 29th, 2024, BlockDAG plans to reveal its executive team, an event that has the crypto community buzzing with excitement. This announcement is anticipated to propel the company’s prices by an impressive 40%, adding to the fervor.

On the following day, the CEO of BlockDAG will participate in a live AMA, providing insights directly from the helm. Additionally, on August 22nd, the team will premiere a documentary offering an in-depth look at BlockDAG’s developmental milestones. With $57.1 million already secured in its 19th presale batch, the project is drawing considerable attention as the community eagerly awaits these visionary leaders.

Further innovating in the crypto space, BlockDAG supports a variety of mining options including solo, pool, and cloud mining, demonstrating its adaptability to different user preferences. The launch of the X1 Miner App on Apple’s App Store further highlights BlockDAG’s commitment to advancing cryptocurrency technology.

BlockDAG aims to democratize access to crypto mining, thereby enhancing participation across the community and establishing itself as a robust investment with substantial potential for expansion.

Final Insights

As BlockDAG gears up for a pivotal team reveal on July 29th, the crypto community’s anticipation is tangible, overshadowing the fluctuations in DADDY Tate’s price and the potential ROI of Polygon MATIC. This upcoming announcement, coupled with BlockDAG’s varied mining options, sets the stage for significant growth. With a presale success of $57.1 million and a growth of 1300% by batch 19, BlockDAG has already proven its mettle. Over the next 19 days, a 40% price increase is anticipated, with the crypto world keenly awaiting this defining moment, the live AMA, and the revealing documentary.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

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

The post July 29: BlockDAG’s Game-Changing Team & CEO Reveal, Could This Spark a 40% Price Surge for BDAG Shaking Up Polygon & DADDY? appeared first on Crypto News Land.

The cryptocurrency market remains volatile, with PEPE experiencing a sharp downturn and Solana showing signs of a potential rally despite recent corrections. Amid these swings, BlockDAG is thrilling its followers with news of an imminent grand unveiling of its CEO and team, as its presale surges to $57.1 million. 

On July 29, BlockDAG will introduce its CEO, executive team, and advisors, followed by an AMA with the CEO the next day and a documentary about its growth set for August release. These initiatives are expected to elevate BlockDAG’s profile as the leading bullish cryptocurrency, with forecasts suggesting a forthcoming 40% price rise, highlighting BlockDAG amidst the uncertain paths of PEPE and Solana.

PEPE’s Price Turmoil Amid Pepe Unchained’s Launch

PEPE’s price has recently been highly volatile, echoing the wider market forces impacting meme coins. This past week, PEPE’s price took a steep dive, reflecting a pervasive bearish mood across the crypto sector. Despite this, PEPE continues to capture traders’ attention due to its significant trading volume and community engagement. 

During these challenging times for PEPE, Pepe Unchained debuts with high aspirations, leveraging PEPE’s established brand enthusiasm. As PEPE wades through market instability, the launch of Pepe Unchained signifies a key moment, demonstrating ongoing investor interest in innovative meme coin projects.

Solana’s Resilient Surge Amid Market Instability

In recent times, Solana has contended with market instability, mirroring larger downturns such as Bitcoin’s retraction and broader market corrections. Despite a 10.48% fall over the week and an 18.90% reduction over the month, Solana’s pricing has resiliently clung to crucial support levels.

Faced with substantial resistance, Solana is primed for a possible bullish reversal if it stays above these support levels. Market indicators such as the MACD show mixed sentiments, with the 200-day EMA providing essential support. As market observers look for stabilization signs, Solana’s potential for a bullish upturn remains a focal point amidst ongoing price shifts.

BlockDAG’s Exciting Countdown: Team Reveal, AMA, and Documentary

BlockDAG is gearing up to captivate the crypto world with three pivotal events set to bolster its status as the premier bullish cryptocurrency. The excitement starts on July 29 with the eagerly awaited reveal of the CEO and team, marking a monumental day for the BlockDAG community eager to meet the masterminds behind the efficient transaction processes.

This unveiling aims to educate and boost enthusiasm about BlockDAG’s novel approach to improving transaction speeds and efficiency. The excitement continues with an AMA featuring BlockDAG’s CEO on July 30, addressing the community’s pressing inquiries and enhancing investor confidence. The momentum carries on into August, with the release of a documentary on August 22 that delves into BlockDAG’s journey and its innovative Directed Acyclic Graph (DAG) architecture.

Amid a successful presale that amassed $57.1 million from the sale of over 12 billion coins, BlockDAG, currently priced at $0.014, anticipates a 40% increase in value due to these upcoming events.

With a capability of 10,000-15,000 transactions per second and low fees, BlockDAG offers scalability and prioritizes efficient peer-to-peer transactions, distinguishing itself as a leader in the bullish cryptocurrency market. The BlockDAG community is profoundly impressed by the brilliant minds at the helm, promising swift and secure transactions and heralding a new era in the bullish crypto landscape.

Concluding Observations

As PEPE grapples with instability and Solana hints at possible gains, BlockDAG stands out as the preferable investment option. With the upcoming team reveal and documentary, BlockDAG is set to affirm its position as the leading bullish cryptocurrency. These initiatives highlight its commitment to transparency and innovation, likely triggering a 40% price increase. Offering high transaction throughput and minimal fees, BlockDAG presents itself as an optimal choice amidst the volatility affecting PEPE and Solana.

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 Set for CEO Reveal on July 29th! Investors Anticipate a 40% Price Rise in BDAG; PEPE Suffers, Solana Aims for Rally appeared first on Crypto News Land.

Daddy Tate token gained traction after the community takeover and Andrew Tate’s active involvement, despite a recent price drop.

Travala partnership boosts Daddy Tate’s profile, enabling bookings for over 2.2 million hotels with the meme coin.

Andrew Tate’s newfound freedom and $500,000 investment in Daddy Tate signal potential for future value increase.

Daddy Tate, the meme coin inspired by internet personality Andrew Tate, is making waves in cryptocurrency. Launched on the Solana blockchain 29 days ago, it quickly gained attention. The token’s community took over on June 13 after the developer abandoned the project. Andrew Tate has been vocal about the token, purchasing large amounts since June 11.

To prepare for the $Daddy world tour you can now purchase car rentals, flights and hotels directly in $Daddy coin on https://t.co/XhAhusarNy. We’ve only just begun. https://t.co/xyXU7QGA7h pic.twitter.com/NIooAgyaV9

— Andrew Tate (@Cobratate) July 9, 2024

Travala Partnership and Market Movements

Travala, a booking site, has added Daddy Tate to its list of accepted cryptocurrencies. Travala was built on Binance BNB Smart Chain; over 2.2 million hotels can be booked globally, with a means of payment being cryptocurrencies such as Bitcoin and Ethereum.

Despite Tate’s confirmation of the collaboration with Travala, CoinGecko statistics indicate that the announcement resulted in an 8% decline in the token’s value to $0.1453. Daddy Tate’s market capitalization fell to $91.9 million, a more than 48% decrease, from its top of $0.2849 on June 28.

However, Tate’s involvement signifies a new trend: celebrities actively backing their tokens. In addition to Andrew Tate, other celebrities, such as Nigerian musician Davido and media personality Caitlyn Jenner, have launched their meme coins on Solana.

Legal Victory and Increased Visibility

In a turn of events, Andrew and Tristan Tate won their appeal, allowing them to leave Romania and travel across Europe. This newfound freedom enables Tate to participate in more public engagements, potentially boosting the visibility of the Daddy Tate project. According to Whale Insider, the Daddy Tate meme coin has surpassed 44,000 token holders, marking a significant milestone for the community.

Additionally, Andrew Tate recently loaded his public wallet with $500,000 (about 3,600 SOL), sparking speculation about a possible market buy and burn. Such a move would reduce the token supply and increase demand, potentially driving up its value.

In a video announcement, Tate expressed excitement about marketing his token and himself. He hinted at massive plans for Daddy Tate, including a European tour for DADDY stakes, a potential Netflix appearance, and the release of a book. Tate’s newfound freedom and active promotion could significantly impact the token’s future.

Moreover, Tate’s plans for Daddy Tate could lead to increased interest and investment in the token. The Daddy Tate project exemplifies the growing trend of celebrity-backed cryptocurrencies in the meme coin sub-culture.

Read also:

Andrew Tate’s DADDY Token Hits $300M Cap Amid Controversy

Andrew Tate’s Bitcoin Bust: 21 BTC ($565K) Seized Amid Legal Controversy

Andrew Tate Announces New Cryptocurrency with $100M Backing

Iggy Azalea Vs. Andrew Tate: Solana (SOL) Meme Coins DADDY And MOTHER Go Head To Head

Crypto Detective Clears Andrew Tate of Memecoin Pump Allegations

The post Andrew Tate’s Daddy Tate Meme Coin Gains Momentum Despite Challenges appeared first on Crypto News Land.

Ethereum’s exchange supply is at its lowest in eight years, with only 10% available, signaling a potential price increase.

Institutional interest grows as companies like Fidelity and BlackRock file for Ethereum ETFs, possibly launching on July 15.

Ethereum’s price sees volatility, with recent Supreme Court ruling prompting a V-shaped recovery and continued upward trend.

A supply shock for Ethereum is anticipated, with potential implications for its price trajectory. The current Ethereum supply on centralized exchanges (CEXs) is at its lowest in eight years, comprising only 10% of the circulating supply. This scarcity could drive substantial price increases for Ethereum (ETH).

A massive Ethereum supply shock is brewing.And it's going to make the price of $ETH skyrocket.Here's why:…

— Lark Davis (@TheCryptoLark) July 10, 2024

Declining Supply on Exchanges

The limited availability of Ethereum on exchanges sets the stage for a price surge. Unlike Bitcoin, Ethereum does not experience constant sell pressure from miners, contributing to a more stable supply environment. This reduction in exchange supply suggests increased holding by investors, potentially leading to heightened demand and price appreciation.

Institutional Interest and ETF Filings

Recent filings for Ethereum exchange-traded funds (ETFs) by prominent companies including Fidelity, VanEck, Franklin Templeton, 21Shares, Grayscale, and BlackRock are poised to further impact the market. 

These ETFs, which are speculated to launch on July 15th, indicate growing institutional interest in Ethereum. Once these ETFs begin trading, Ethereum could become more attractive to both institutional and retail investors, potentially outperforming Bitcoin during altcoin seasons.

Price Movement and Market Trends

At press time, Ethereum was trading at $3,137.65, experiencing a 1.84% increase in the past 24 hours. The price of Ethereum has shown considerable volatility, fluctuating between approximately $3,025 and $3,150. 

Ethereum’s price recovered rapidly from a low of around $3,025, forming a V-shaped recovery and continuing on an upward trajectory.

Source: CoinMarketCap

Implications of Reduced Sell Pressure

The lack of constant sell pressure from miners, combined with the reduced supply on exchanges, positions Ethereum for a potential price surge. As institutional and retail investors increasingly view Ethereum as a viable investment, the influx of capital could further drive its price upward.

Ethereum is poised for a potential price surge driven by supply shock, growing institutional interest, and favorable market conditions. With the impending launch of Ethereum ETFs and reduced supply on exchanges, the market may witness increased demand and substantial price appreciation for $ETH.

Read also

Ethereum Supply on Exchanges Hits Lowest Level Since 2016 Amid Spot ETF Anticipation

Ethereum on Exchanges Reaches 5-Year Low as Supply Declines

Shiba Inu Surge: Whales Drive Price, Supply Shrinks

Shiba Inu’s Drastic Supply Cut Sparks Hope for Surge to $0.01

Bitcoin Exchange Reserves Plunge to Lowest Level in Three Years

The post Ethereum Supply Hits 8-Year Low, Price Surge Expected with Institutional Interest appeared first on Crypto News Land.

Charles Hoskinson’s RFLXT launches Chronoshot on Epic Games, featuring Digital Doubles and special NFTs for early access players.

Chronoshot offers Time Attack and Survival modes with leaderboards, launching in early access to boost player engagement and feedback.

RFLXT aims for crossplay with dynamic NFTs, expanding Chronoshot’s features and introducing multiplayer modes post-launch.

Cardano founder Charles Hoskinson announced a significant achievement for his gaming company, RFLXT. Hoskinson revealed that RFLXT’s latest game, Chronoshot, is now available for wishlisting on Epic Games. This marks an essential step in bringing Cardano-based games to mainstream platforms. 

Hoskinson expressed excitement about the launch and emphasized the game’s potential impact.

Cardano Games on Epic makes me happy https://t.co/RuaLXOyHJj

— Charles Hoskinson (@IOHK_Charles) July 9, 2024

Chronoshot is RFLXT’s first title to utilize the RFLXT platform, featuring innovative elements like Digital Doubles. This game joins other notable titles, such as Chains of War and Fluxpoint Studio, on Epic Games. Chronoshot offers diverse stages, special abilities, weapons, and characters, expanding RFLXT’s gaming portfolio. 

The game is launching in early access to maximize player engagement, with two single-player modes: Time Attack and Survival. These modes will feature leaderboards and limited character availability to attract a wide range of players.

RFLXT’s decision to launch Chronoshot directly in early access instead of a closed beta aligns with its public development approach. Players participating in early access will receive special NFTs as tokens of appreciation. The interoperability design allows players to create RFLXT accounts on Epic, enabling crossplay and access to RFLXT features. 

Concurrently, RFLXT accounts will support dynamic NFTs, enhancing characters in Chronoshot without providing competitive advantages. RFLXT also plans to introduce multiplayer modes soon after the early access launch, further expanding the game’s capabilities.

Despite Cardano’s primary focus on blockchain, RFLXT targets multiple chains and platforms, aiming for broad accessibility. Hoskinson’s gaming ventures continue with RFLXT’s earlier release, Voyager: Ascension, on Gala Games. 

Earlier on in May, Hoskinson announced plans to bring the classic game Doom to Cardano’s layer-2 solution, Hydra. This move showcases his dedication to merging blockchain technology with gaming and highlights his innovative approach.

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Current Bear Market Most Brutal So Far, Epic Breakthrough Ahead?

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The post BlockDAG’s 30,000x ROI Potential Gains Attention of Crypto Traders; Chainlink Tokens & Fantom Bearish In Q3 appeared first on Crypto News Land.