Morgan Stanley now ranks among the top five holders of BlackRock's Bitcoin ETF, owning 5.5 million shares worth $188 million.

The firm has allocated all 5.5 million Bitcoin ETF shares to Morgan Stanley Investment Management, expanding its cryptocurrency exposure.

Investor demand for Bitcoin ETFs is rising, with Morgan Stanley leading the charge, while other major banks remain cautious.

Morgan Stanley has recently disclosed owning 5.5 million shares in BlackRock’s iShares Bitcoin Trust (IBIT). This positions Morgan Stanley as one of the top five holders of BlackRock’s Bitcoin ETF.

https://twitter.com/BitcoinMagazine/status/1823806742473662749

The details emerged in a filing with the U.S. Securities and Exchange Commission (SEC) on August 14, revealing that the shares were valued at approximately $188 million as of June 30, 2024. The investment signals a growing interest in Bitcoin ETFs among major financial institutions.

Morgan Stanley's Strategic Move into Bitcoin ETFs

Notably, the filing highlighted that the 5.5 million shares are allocated to Morgan Stanley Investment Management Inc. This strategic allocation reflects the firm's broader approach to integrating Bitcoin into its investment portfolio. 

As of early August, Morgan Stanley advisors have begun offering spot Bitcoin ETFs to select clients, allowing them to gain exposure to both BlackRock’s iShares Bitcoin Trust and the Fidelity Wise Origin Bitcoin Fund (FBTC). This move highlights Morgan Stanley’s growing engagement with Bitcoin, despite the cautious stance other major U.S. banks continue to maintain.

Growing Investor Demand for Bitcoin

Investor demand for Bitcoin has been on the rise, leading to increased interest from financial institutions. However, not all banks have embraced this trend. Goldman Sachs, JPMorgan, Bank of America, and Wells Fargo currently prohibit their advisors from promoting Bitcoin ETFs. 

Despite this, the momentum behind Bitcoin ETFs appears to be building, with Morgan Stanley leading the charge among traditional financial firms. This growing demand may potentially influence other banks to reconsider their stance on Bitcoin-related investments.

Morgan Stanley's Broader Cryptocurrency Exposure

Beyond its stake in the iShares Bitcoin Trust, Morgan Stanley's filing also revealed smaller investments in other cryptocurrency-related funds. These include shares in a Valkyrie ETF Trust with exposure to Bitcoin and Ether, as well as investments in Bitwise’s Bitcoin ETF, Invesco Galaxy Bitcoin ETF, and Proshares Bitcoin Strategy ETF. This diversified approach indicates Morgan Stanley’s broader interest in the crypto market.

Morgan Stanley's holdings in Bitcoin ETFs and broader cryptocurrency investments mark a notable shift in the financial sector’s approach to digital assets. The firm’s growing involvement reflects a response to the increasing demand for Bitcoin exposure.

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In the ever-evolving landscape of cryptocurrency, new and innovative projects constantly emerge, each vying for a spot on the coveted best crypto presale list. Among these rising stars are The Meme Games and MoonBag (MBAG), two presale ventures that have captured the attention of crypto enthusiasts and investors alike. 

While The Meme Games taps into the dynamic world of Internet culture, blending humour with high-stakes competition, MoonBag offers a more structured and strategic investment opportunity to reward early participants with substantial returns. This article provides a comparative exploration of these two projects, examining their unique propositions, potential returns, and what they bring to the table for investors looking to navigate the thrilling yet unpredictable world of cryptocurrency presales

The Meme Games: A Digital Coliseum of Humour

In cryptocurrency, The Meme Games is a vibrant and unpredictable spectacle, much like the chaotic energy of the internet’s favourite memes. This project taps into the whimsical and often irrational world of meme culture, transforming it into a competitive, gamified experience that is entertaining and financially rewarding. The Meme Games has rapidly gained traction, with its presale hitting an impressive $358,000 as the Paris Olympics concluded. This presale success signals the project’s potential to multiply investments by 10x, an enticing proposition for early adopters. Its unique blend of humour, competition, and investment opportunities sets The Meme Games apart. Investors engage in meme battles, where the wittiest and most popular memes can earn rewards, driving both engagement and investment value. This blend of community-driven content and financial incentives creates a digital coliseum where memes are the gladiators, and the spoils are both laughs and lucrative returns.

Moreover, The Meme Games’ ability to harness the internet's collective creativity positions it as a strong contender in the best crypto presale list. The project’s presale success and innovative approach suggest that it could carve out a niche in the broader cryptocurrency landscape. However, meme culture's inherent volatility and unpredictability should be considered when evaluating the long-term potential of The Meme Games.

MoonBag: A Presale Opportunity That Soars Beyond Expectations

In the ever-expanding universe of cryptocurrencies, MoonBag (MBAG) emerges as a beacon for investors seeking innovation and stability. This project, currently in stage 7 of its presale, offers investors the opportunity to purchase MBAG coins for $0.0005 each. This pricing structure and the project’s solid growth strategy place MoonBag prominently on the best crypto presale list. The presale is designed to reward early investors handsomely. For instance, if an investor purchases $1,000 worth of MBAG coins at the current stage, they would acquire 2,000,000. As the presale progresses, the price of MBAG is expected to increase to $0.0007 in stage 8, resulting in a 40% return on investment (ROI) before the presale event concludes. This increment highlights the strategic advantage of entering the presale at its current stage, as early participation could lead to substantial gains as the project matures.

The Maths Behind the Gains

The returns are staggering for those who entered the presale at its earliest stage, where MBAG coins were priced at $0.00002. An initial investment of $1,000 would have secured 50,000,000 MBAG coins. By stage 7, with the coin price now at $0.0005, this investment would have grown to $25,000, reflecting a remarkable 2400% ROI. As the presale progresses to stage 8, this ROI will increase further, showcasing the exponential growth potential within MoonBag’s presale structure. The prospects remain highly attractive even for those entering the presale at stage 7. At $0.0005 per coin, an investment of $1,000 results in 2,000,000 MBAG coins. When the presale reaches its conclusion, and the coin price potentially rises to $0.002, the investment could quadruple, delivering a 300% ROI. For investors with a longer-term view, holding onto MBAG coins until they are listed on various exchanges could result in even greater returns. The projected launch price of $0.003 per coin would elevate the initial $1,000 investment to $6,000, offering an impressive 500% ROI. 

Summing Up!

In the dynamic world of cryptocurrency, both The Meme Games and MoonBag offer compelling opportunities for investors. With its innovative blend of meme culture and gamified investment, the Meme Games presents a unique and entertaining prospect. Its rapid presale success and potential for 10x returns make it an intriguing option for those navigating the unpredictable tides of internet humour. On the other hand, MoonBag offers a more structured and strategic investment opportunity. With its clear presale stages, increasing token prices, and transparent growth strategy, MoonBag provides a calculated pathway to significant returns. Its position on the best crypto presale list is well-deserved, as it combines innovation with a robust investment framework that appeals to both new and experienced investors.

MoonBag stands out as the best crypto project of the year for those seeking a presale opportunity that balances excitement with stability. Its presale structure rewards early participation and offers a clear and promising trajectory for future growth. As the presale progresses, the potential for substantial financial returns grows, making MoonBag a top choice for anyone looking to invest in the burgeoning cryptocurrency market.

Invest in MoonBag Presale 

Presale: https://moonbag.org/presale 

Whitepaper: https://moonbag.org/documents/whitepaper.pdf 

Twitter: https://twitter.com/Moonbag_org 

Telegram https://t.me/MoonBag_officia

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Crypto.com becomes UEFA Champions League’s first global crypto platform partner, bridging crypto and 3 billion football fans.

Partnership offers UEFA a chance to revamp branding and engage younger audiences with innovative technology and digital content.

Crypto.com aims to leverage UEFA’s global audience, further mainstreaming cryptocurrency by introducing it to a broader audience.

Crypto.com has partnered with the UEFA Champions League, marking a first for a cryptocurrency platform in the prestigious football competition. The collaboration, unveiled on August 14, 2024, positions Crypto.com as the competition’s first global crypto platform partner. This alliance promises to bridge the gap between crypto and the massive audience of the UEFA Champions League, thereby further integrating digital assets into mainstream culture.

https://twitter.com/cryptocom/status/1823654699163132296 A New Chapter in Sports and Cryptocurrency

Crypto.com’s strategic partnership with UEFA highlights the growing intersection between sports and the digital asset market. For example few months ago, Manchester City, one of fast rising footbal clubs in Europe, announced a partnership with crypto exchange platform OKX. 

By sponsoring one of the world’s most renowned football leagues, the company aims to leverage the league’s substantial following to introduce cryptocurrency to a wider audience. Notably, the UEFA Champions League boasts a vast global audience, generating over 3.3 billion euros last year and showing steady growth since 2020.

Steven Kalifowitz, Chief Marketing Officer at Crypto.com, highlighted the significance of the deal for the company’s mission. “We have built our brand and community through innovative moments and events. Aligning with sports fans worldwide has been pivotal in expanding our user base,” he stated. This sponsorship aligns with Crypto.com’s broader objective to make cryptocurrency more accessible.

Expanding Crypto Accessibility Through High-Profile Events

Crypto.com’s involvement in the UEFA Champions League represents a key step towards mainstream cryptocurrency adoption. As digital assets gain traction in various industries, sports events emerge as an effective channel to increase exposure and understanding. 

The partnership with UEFA will likely provide Crypto.com with promotional opportunities during games, collaborations on digital content, and fan experiences centered around cryptocurrency.

Kalifowitz also noted the substantial growth of Crypto.com’s user base, now exceeding 100 million users. This growth is partly attributed to the platform’s successful sports sponsorships, highlighting the effectiveness of sports as a medium for engaging and expanding digital asset communities.

Rebranding Opportunities for UEFA

For UEFA, the partnership offers a unique opportunity to rejuvenate its branding and engage with younger audiences. As more companies within the crypto asset space seek to connect with mainstream markets, sponsoring sports events has become an increasingly viable strategy. This collaboration with Crypto.com allows UEFA to explore new ways of communicating, especially with fans who utilize augmented reality technology and other innovative platforms.

The post Crypto.com Teams Up with UEFA Champions League in Historic Partnership appeared first on Crypto News Land.

Bitcoin’s current value of $58,935.80 shows it hasn't surpassed its 2024 ATH when adjusted for inflation.

Bitcoin’s potential $100,000 milestone faces hurdles, including miner sell-offs and intensified competition.

Senator Lummis’s Bitcoin reserve bill aims to position the U.S. as a leader in crypto management.

Bitcoin has journeyed far since its inception, getting attention from the market due to its potential and volatility. With an inflation adjusted all-time high (ATH) of $80,000 set in 2024, the cryptocurrency has yet to surpass its 2024 peak of $73,798. Considering the inflation rate, this makes the adjusted value of Bitcoin nearly 15.3% higher than three years prior.

https://twitter.com/TheCryptoLark/status/1823448460974071896 Current Market Dynamics

At press time, Bitcoin was trading at $59,383.06. This puts the market cap at $1.16 trillion, with a 0.84% increase and 24-hour volume reaching $32.56 billion. The circulating supply stands at 19.74 million BTC, nearly 94% of its maximum 21 million. 

These figures reflect Bitcoin’s continued dominance despite its ongoing challenges and investor sentiment suggesting a future rise to $100,000. Notably, the $100K level marks a psychological barrier, inviting both attention and potential resistance.

Potential Influences on Bitcoin’s Trajectory

Bitcoin’s path to the $100,000 is subject to several influences. Increased miner sell-offs and intensified competition from alternative cryptocurrencies pose potential obstacles. Bitcoin’s future will also be shaped by political developments, particularly in the United States. The upcoming election and related policies could significantly impact cryptocurrency regulations and adoption.

Strategic Bitcoin Reserve Proposal

Senator Cynthia Lummis introduced a bill for a national Bitcoin reserve, aiming to position the United States at the forefront of cryptocurrency management. This legislation proposes a distributed network of secure Bitcoin vaults overseen by the U.S. Treasury, enhancing the nation’s crypto strategy. This move has gained considerable support, with over 2,200 letters sent to senators advocating for the bill within 48 hours of its introduction.

Bitcoins future remains a focal point for investors, policymakers, and the broader financial community. The cryptocurrency’s ability to overcome inflationary pressures and achieve new heights will be a testament to its resilience and innovation.

The post Bitcoin Needs $80K to Break 2024 ATH as Inflation Drags Dollar Value Down to New Lows appeared first on Crypto News Land.

Shytoshi Kusama urged fans not to panic and highlighted that the team was already looking for solutions during unfavorable trends in SHIB prices.

Nevertheless, Kusama urged investors to explore other aspects of the advancement made by Shiba Inu and the ongoing developments in the project’s future.

The market’s reaction to Shiba Inu’s performance can be attributed to the problems that many adults have at the moment and is indicative of the instability of the crypto market.

The creator of the Shiba Inu token, Shytoshi Kusama, has offered a solid rebuttal to the person challenging the development of the meme coin. Unfortunately for SHIB, Kusama has not wavered in her support for the project despite recent weeks’ price swings.

The critic with the Twitter handle Moa claimed that the SHIB developers lied to customers by making baseless promises. This criticism highlights the evident discontent of the Shiba Inu community as the token remains compromised in the market.

https://twitter.com/ShytoshiKusama/status/1823685347710046477

In response, Kusama reiterated that the SHIB team has laid down plans to mitigate the issues concerning the project. He assured them he understood their concern but urged them to exercise patience and tolerance. 

Kusama pointed out that the team has been working on putting solutions in place as soon as possible, but no time frame is given to the public to prevent disappointments. He encouraged the community to look at Shiba Inu through a wider lens and pointed out that the project has made a lot of progress regardless of the fluctuations in the market.

Investor Sentiment and Broader Implications for Shiba Inu

The absence of an upward surge in prices has continued to raise concern among investors intending to invest in the token, especially after the marketing head, Lucie, suggested there would be more announcements during the 2024 Blockchain Futurist Conference.

However, unlike the previous year's conference, the expected price rise did not happen, adding to investors' disappointment. Experts have attributed the current movements of the particular meme coin to the existing market trends and the overall economic climate.

Kusama's response mirrors a broader trend of any project receiving flak from its community across the cryptocurrency space. The problems that Shiba Inu is experiencing are not exclusive to this token; other altcoins have similar issues with rating stability during bear markets. 

Considering the constant work behind developing a sustainable future for SHIB, Kusama recently asked people to be patient while experiencing criticism and other difficulties. Kusama's reaction to the SHIB critic also illustrates the need to think big in the unpredictable crypto market.

The post Shytoshi Kusama Responds to SHIB Critic, But There’s a Catch in His Defense appeared first on Crypto News Land.

Vanguard’s decision not to offer the Bitcoin ETF is consistent with its risk-averse approach to investing, relying on a long-term horizon at a relatively low cost.

Despite Vanguard’s liberal anti-Bitcoin stance, proving its reluctance to embrace this digital currency, it is looking for its dominance in the conventional ETF market.

Due to Vanguard’s decision, others may start doing the same, especially given that the market is still in its early stages.

Vanguard, the global Asset Manager, has stated categorically that, unlike other financial institutions, it will not be rolling out a Bitcoin exchange-traded fund (ETF). The recently appointed Vanguard CEO, Salim Ramji, sought to quell rumors concerning the company’s possible involvement in the cryptocurrency space. 

However, despite his participation in the initial attempt to list BlackRock’s Bitcoin ETF, Ramji was emphatic about Vanguard’s policy of avoiding exposure to Bitcoin. This step makes Vanguard a unique player in the market compared to its peers, such as BlackRock and Fidelity, who have turned their attention to the emerging sector of digital assets.

The fact that Vanguard decided not to go for Bitcoin ETFs aligns with the company’s investment approach, leans towards conventional assets, and is highly risk-averse when it comes to innovation. Vanguard clarified its stance in July by actively barring customers from investing in Bitcoin through this platform. This shocked most people in the crypto industry, but it stood in line with Vanguard’s values, which include passive, index-tracking investments.

Market Competition and Its Impacts

Meanwhile, Vanguard is still hesitant about Bitcoin; its competitors are actively moving forward. BlackRock’s Bitcoin ETF, called IBIT, has set records and is set to become the world’s largest Bitcoin holder. It has, therefore, raised questions and speculations on whether this rapid growth might lead Vanguard to reverse its decision. 

The available information indicates that the Vanguard Group performs well without a Bitcoin ETF. This has seen the firm trump BlackRock in year-to-date ETF inflows, at $126billion as of July. This success has enabled Vanguard to keep on with the domination of the conventional ETF market.

The decision made by Vanguard not to participate in the Bitcoin ETF market could be a factor that affects the strategies of other institutional investors. Despite this firm’s strategy seeming very stable and potent in terms of investing, the cryptocurrency market is far from static, and therefore, Vanguard could be reconsidered. This sets the stage for future shifts in adoption, similar to how BlackRock, the world’s largest asset manager, was heavily skeptical of crypto in the past but has recently warmed up to the idea.

The post Vanguard Declines Bitcoin ETF Launch, But There’s a Catch in Its Investment Strategy appeared first on Crypto News Land.

The FBI responded to a FOIA request regarding Satoshi Nakamoto and caused speculation by not denying or affirmatively stating there are no records of him.

The traded volume of XRP increased by $12 billion, implying more market action with possible institutional demand, even with a slight increase in market cap share.

Arthur Hayes, foresees an altcoin season provided that BTC and ETH hit certain price levels, which might cause the overall crypto asset class to surge.

The FBI has recently released information regarding Satoshi Nakamoto, the unknown person behind the creation of Bitcoin, in response to  FOIA. Dave Troy, an investigative journalist, requested information about Nakamoto’s identity or any records in that regard. The reply that has attracted much attention and debate in the cryptosphere is that the FBI could not confirm or deny the existence of such records. 

https://twitter.com/davetroy/status/1823331081333928422

Some consider this a normal response that should be generally provided in cases that do not involve non-U. S. persons. Troy has stated that he intends to appeal this decision to gain any information that may be possible beyond Satoshi’s identity while not violating the rules.

XRP Sees Surge in Trading Volume

In another related case, XRP, which has been in the marketplace for quite some time, has seen a rise in trading volumes. This increase might be attributed to massive inflows from institutional investors or large transactions by significant shareholders. This volume is widely considered to signal the direction of the price because more people are participating in buying or selling.

However, XRP’s percentage of the total market cap has only increased to about 1.4% in the surge. Some financial experts suggest that this increase in trading volume may be due to investors’ expectations of further news. Nevertheless, the gross specifics of this increase are still unknown, and the market is waiting for the next clue.

Arthur Hayes Predicts Altcoin Season

On the other hand, Arthur Hayes, the co-founder of BitMex, has provided his thoughts about an expected new altcoin season. Hayes analyzes the connections between the shrinking RRPs and the increase in Bitcoin prices in the essay “Water, Water, Everywhere.” He anticipates that more money will lead to a general rise in asset prices, which should include cryptocurrencies.

Hayes also confirms his positive outlook on Bitcoin, stating that Bitcoin might fasten to $ 100,000 in the short term and $ 1,000,000 in the long term. However, he is optimistic that a full-fledged altcoin season will kick in when Bitcoin and Ethereum embark on crossing $70K and $4,000, respectively. This perspective thus provides a guide for traders and investors by pointing at timing as the key to exploiting an upturn.

The post FBI Acknowledges Satoshi Nakamoto Inquiry: What’s Next for Bitcoin? appeared first on Crypto News Land.

The cryptocurrency market is presently going through a volatile phase due to the fact that Near Protocol (NEAR) is seeing an erosion in network activity and Cosmos (ATOM) is having problems after the SEC classified it as a security. As a result, investors are looking into fresh prospects that seem good, which has raised interest in the Qubetics (TICS) whitelist. 

Qubetics is becoming a more attractive alternative in the market because of its cutting-edge Layer-1 blockchain and significant emphasis on security and transparency. The buzz surrounding Qubetics is attracting the interest of investors looking for both growth and stability. You may have unique access to the presale at competitive pricing by adding your name to the Qubetics whitelist.

NEAR's Unpredictable Value 

Near Protocol (NEAR) has faced challenges over the past month, with network activity and on-chain interactions both seeing a decrease. Total on-chain transactions have dropped by 15%, while daily active addresses have reduced by 18%, leading to a decline in transaction fees and revenue. The MACD signal line currently indicates a bearish trend, suggesting that NEAR may face further declines if the trend continues. With its value down by 30% in the past 30 days, NEAR is at a crucial point in its development. However, this period of adjustment could also present opportunities for recovery and renewed focus on strengthening the network.

Cosmos Faces Uncertainty

The Cosmos blockchain project, once a leader in innovation with its groundbreaking appchain model and interoperability features, is now facing significant challenges. Network activity has seen a sharp decline, exacerbated by the collapse of Terra and fierce competition from newer Ethereum-based solutions. Key metrics, including unique on-chain interactions and daily active addresses, have dropped significantly. The situation has been further complicated by the SEC's classification of Cosmos's ATOM coin as a security, adding to the uncertainty surrounding the project. As a result, investor confidence has waned, leaving the future of Cosmos in doubt.

Don't Miss Out! Qubetics Whitelist Filling Fast - Get in Early for Exclusive Benefits!

Ethereum (ETH) and other established cryptos have made their mark, but their growth potential has stagnated. Qubetics (TICS) is revolutionising the market with its innovative Layer-1 blockchain, offering a new frontier for immense returns.

Qubetics prioritises security and transparency, ensuring a stable and legally sound investment platform that empowers financial accessibility for all.

Join the Qubetics Revolution!

Sign up for the whitelist now and gain exclusive access to the presale at the best prices. You'll also receive a 48-hour heads-up before the presale starts, allowing you to secure your spot before they're gone.

This is your chance to replicate the success stories of early Ethereum (ETH), Polygon (MATIC), and Solana (SOL) investors. Don't miss out – the Qubetics whitelist is filling up quickly!

Why Should you join presales early?

Historically, presales have always proven to be lucrative. For instance, those who invested early in Solana (SOL) gained more than 100X of their investment while those who invested in Ethereum (ETH) saw their investments surge by 1000X. Legendary investors like Andreessen Horowitz, Polychain Capital, etc., have made millions just by investing in these and many other promising projects. This means that, if you join a presale early, you can gain the same results and become an investor in the next big thing.

Concluding

Amongst the present obstacles that Near Protocol and Cosmos must overcome in order to recover momentum, Qubetics is making waves in the cryptocurrency space with its cutting-edge Layer-1 blockchain. Investors, both new and seasoned, are lining up to be on the Qubetics whitelist in record time. The opportunity to participate in the Qubetics presale and support this ground-breaking initiative is now ideal. Don't pass up the chance to profit from what may turn out to be a huge market move early on!

Join Qubetics Whitelist Today:

Whitelist: https://qubetics.com/

Telegram: https://t.me/qubetics 

Twitter: https://twitter.com/qubetics 

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

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Arkham Intelligence reports reveal that the U.S. government has moved $600 million in Bitcoin to Coinbase Prime, fueling speculation about its purpose for these funds.

This action echoes a recent ruling of the U. S. appeals court and involves potential asset liquidation or its secure management through institutional channels.

The crypto community is discussing the effects on the market, with fear that if the asset is sold, it can affect the price of Bitcoin.

A recent report from Arkham Intelligence revealed that around $600 million worth of Bitcoin was moved from a wallet owned by the U.S. government to a Coinbase prime wallet. This transfer involved 10,000 BTC and is linked to the U.S. Department of Justice's (D.O.J.) ongoing efforts in handling the funds confiscated from the Silk Road.This tremendous step has raised much interest within the crypto sphere and put the government in the middle of raising questions about its plans with these assets.

https://twitter.com/ArkhamIntel/status/1823755773987500286

This transaction happened approximately two weeks after the wallet received an equivalent amount from another government wallet. The DOJ has been in charge of these seized funds from an enormous pile of around 70,000 BTC from Silk Road. The switch to Coinbase Prime, a product institutional investors employ, indicates that the authorities may soon begin to unlock or sell these assets actively.

Historical Background and Crypto Market Impacts

This is not the first time that the DOJ has transferred large volumes of Bitcoin associated with the Silk Road. Arkham also noted a minor test transaction involving 0.001 BTC from a similar government wallet to Coinbase Prime in April. These movements came after a U.S. appeals court ruling at the end of 2023 cemented the seizing of around 70,000 Bitcoins linked to the Silk Road's unlawful activities.

The movement of such a massive amount of Bitcoin to Coinbase Prime for a single exchange prompted the crypto community to guess. There are theories that the government could be planning to offload these assets, which may not augur well with Bitcoin's price stability. 

However, others argue that this could be among the many calculated steps to shield the assets or to oversee them through a reputable firm in an institutional platform such as Coinbase. As the situation unfolds, the market participants will be eager to learn about further activities concerning these assets and any declarations and actions of the DOJ concerning the seized Bitcoin.

The post Arkham Reports U.S. Government’s $600M Bitcoin Transfer to Coinbase Wallet appeared first on Crypto News Land.

With significant developments in the cryptocurrency sector, Slothana and MoonBag stand out with their recent strategic advancements. Slothana’s mainnet launch is crucial in enhancing its scalability and transaction efficiency. Introducing new partnerships, governance features, and a grant programme reflects a comprehensive approach to expanding its ecosystem and supporting innovation. 

Meanwhile, MoonBag’s upcoming listing on LBank in October 2024 represents a key milestone, offering enhanced liquidity and broader market access. This strategic move aligns with MoonBag’s goal of providing exceptional returns and fostering community growth. Together, these developments highlight the dynamic nature of the crypto market and offer compelling opportunities for investors. As Slothana and MoonBag continue to evolve, they underscore the importance of staying informed and strategically positioning oneself in the ever-changing landscape of digital assets.

What’s New with Slothana: Mainnet Launch and Ecosystem Growth Insights

Recent updates for Slothana include the launch of its mainnet, which is expected to improve the platform's scalability and performance. The project has also formed new partnerships with prominent blockchain and DeFi platforms to broaden its ecosystem and enhance its market presence. Network upgrades have been implemented to boost transaction speeds and lower costs, addressing scalability concerns. Additionally, Slothana has introduced governance features allowing token holders to influence decisions alongside updated staking rewards to encourage long-term engagement. To support development, the project has unveiled a grant program and technical support initiatives designed to attract and assist developers. These changes collectively aim to advance Slothana’s capabilities and adoption within the blockchain space.

Mark Your Calendars: MoonBag will Debut on LBank in October 2024. Is this the Best Crypto Presale to Buy?

MoonBag (MBAG) is set to make a notable debut on LBank, one of the leading cryptocurrency exchanges, in October 2024. This development marks a key milestone for MoonBag and highlights its growing prominence in the crypto market. LBank is well-regarded for its security and extensive user base, making it an ideal platform for MoonBag to expand its reach. The listing on LBank will significantly enhance the coin’s liquidity, allowing for smoother transactions and greater accessibility for investors.

This listing is not just a technical upgrade but a strategic move that underscores MoonBag’s commitment to growth and market presence. By partnering with LBank, MoonBag will gain substantial market exposure and attract a broader audience. As the presale shows impressive gains, this listing aligns perfectly with MoonBag's objective of providing exceptional returns and building a strong community. MoonBag's upcoming presence on LBank could be a key factor for those considering investment opportunities. 

As the Best crypto presale to buy, MoonBag offers a promising opportunity, especially with its enhanced visibility and liquidity on LBank. This move reflects MoonBag’s strategic planning and readiness to take on a larger role in cryptocurrency. With the October 2024 listing drawing nearer, now might be an opportune time for investors to explore MoonBag and capitalise on its potential.

Navigating MoonBag’s Presale Success and Long-Term Forecasts

As MoonBag's presale advances to stage 7, each MBAG coin is priced at $0.0005, with a total of $3.9 million already raised, indicating strong investor interest. Despite this success, prominent analyst Jacob Crypto Bury has forecasted that MoonBag might face a challenging trajectory, predicting a potential decline to $0 by 2030. This projection highlights the inherent risks and long-term uncertainties within the crypto space, despite MoonBag's current position as a noteworthy option in the best crypto presale to buy. Investors should weigh these forecasts carefully against the presale's immediate gains and broader market dynamics.

Conclusion

Slothana and MoonBag are making significant strides with their recent updates and developments. Slothana’s mainnet launch marks a pivotal moment, with enhanced scalability, improved transaction speeds, and new governance features positioning it for a robust future. The strategic partnerships and grant programmes also highlight its commitment to expanding its ecosystem and supporting innovation. On the other hand, MoonBag’s upcoming listing on LBank in October 2024 represents a crucial advancement for the project. With a substantial amount already raised and impressive gains demonstrated during the presale stages, MoonBag’s entry onto a major exchange will likely amplify its market presence and liquidity. This development aligns with its strategic goals and underscores its potential as a strong investment opportunity. As both projects evolve, they offer intriguing prospects for investors seeking to navigate the dynamic crypto landscape.

Invest in MoonBag Presale 

Presale: https://moonbag.org/presale 

Whitepaper: https://moonbag.org/documents/whitepaper.pdf 

Twitter: https://twitter.com/Moonbag_org 

Telegram https://t.me/MoonBag_official   

Disclaimer and Risk Warning

This article is a sponsored press release and is for informational purposes only. Crypto News Land does not endorse or is responsible for any content, quality, products, advertising, products, accuracy or any other materials on this article. This content does not reflect the views of Crypto News Land, nor is it intended to be used for legal, tax, investment, or financial advice. Crypto News Land will not be held responsible for image copyright matters. Readers are advised to always do your own research before making any significant decisions.

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Farmsent’s “.farms” domain empowers over 160,000 farmers to trade directly with global markets, enhancing transparency and fairness.

Unstoppable Domains' partnership with Farmsent simplifies crypto transactions for farmers, fostering a more connected global food chain.

Farmsent leverages NFTs for secure, transparent auctions, ensuring credibility in agricultural trading across global markets.

Farmsent, a blockchain-based platform has collaborated with Unstoppable Domains to enable enable farmers to accept cryptocurrency transactions and create digital identities. By eliminating middlemen and fostering an open supply chain, the top-level domain ".farms" has enabled farmers to conduct business directly with businesses worldwide. In addition to helping small-scale farmers, this effort guarantees the protection of their economic rights in the expanding digital marketplace.

https://twitter.com/_TOBTC/status/1823708848458494444 Empowering Farmers with Digital Identities

Farmsent’s blockchain-based marketplace, enhanced by the “.farms” domain, allows food producers to create secure digital identities. Besides facilitating transactions with over 275 supported tokens, these domains connect farmers directly with consumer-facing businesses. Trade is facilitated by this approach, giving farmers access to foreign markets and a larger audience.

To further ensure the integrity of both vendors and purchasers, the Farmsent platform employs non-fungible tokens (NFTs) to validate bids in auctions. Consequently, this enhances trust and transparency in the trading process, providing a more secure environment for agricultural transactions.

Driving Sustainable Development and Global Impact

Since its launch, Farmsent has onboarded over 160,000 farmers from Colombia and Indonesia. These farmers are already utilizing the platform to trade commodities like coffee, avocado, and palm sugar between their home countries and international markets, including the United Arab Emirates. This demonstrates the platform’s potential to revolutionize the global agricultural sector.

Additionally, the collaboration between Unstoppable Domains and Farmsent is a significant step toward sustainable development. By offering advanced blockchain solutions and secure digital identities, they are helping farmers overcome the limitations of centralized systems. This not only improves their living conditions but also promotes a more connected and equitable global food supply chain.

Furthermore, the partnership includes an NFT collection called “NoFarmerNoFood,” aimed at raising awareness of farmers' challenges. This initiative, available on OpenSea, seeks to highlight the importance of global food security and foster support for sustainable agriculture.

With over 865 apps, games, and metaverses integrating the “.farm” domain, this collaboration is set to provide farmers with new opportunities for growth and development in the Web3 era.

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VeChain's price increase of 2.20% faces strong bearish resistance.

A break below $0.02194 could lead to a sharp drop towards $0.01509.

RSI and MACD suggest more downward movement for VeChain soon.

Over the past 24 hours, VeChain has seen a slight bullish move, with its prices reaching $0.02343, marking a 2.20% price increase. With a market capitalization of $1.1897 billion, VeChain has secured the 46th position among the top cryptocurrencies by market capitalization. 

VeChain Sees Minor Gains Amid Fluctuations and Lower Trading Volume

The token's resilience in the market can be seen from its increase in market capitalization of 2.20%. Despite the market cap increase, the trading volume is contradicting the coin's momentum, which has decreased by 7.19% to a net price of $14,357,021. The decline in trading volume and the high market volatility suggest a period of reduced trading activity, indicating a possible consolidation phase or that the investors are not active.

Source: coinmarketcap

The price of VeChain has seen some fluctuations throughout the day, ranging from $0.02291 to $0.02360. This shows that the coin has seen some increase, and its market could have a small investor engagement. The coin has generally managed to secure minor gains over the previous day, despite some market and price fluctuations.

Moving on to more technicalities, VeChain is currently experiencing a bearish pressure, as indicated in the charts, which showcase a descending triangle pattern, which is a classic bearish formation. This pattern is characterized by lower highs and a consistent support level, which signals the continuation of the downward trend.

Source : TradingView

Speculating from the charts, the coin's price has dropped to $0.02277, reflecting a 3.58% decrease within the observed period. The fluctuation of prices has been evident between the $0.021094 support level and a resistance of $0.02365. And as of the present Fibonacci retracement level, it showcases major resistance points that the token must overcome to reverse its bearish trend. The key fibonacci levels are at 23.60% ($0.0550), 38.20% ($0.03820), 50.00% ($0.03000), and 61.80% ($0.04000), with the 78.60% retracement seen at $0.02994 acting as a crucial resistance point.

VeChain Risks Major Drop Amid Bearish Indicators and Weak Support

The relative strength index is currently at 40.20, placing it in the lower neutral zone. The coin is not in oversold territory and is also not far from overbought territory, leaving room for further downward movement. Furthermore, the MACD indicator further supports the downward momentum, with the MACD line surfing below the signal line and facing downward in negative territory. Followed by this, the histogram also indicates red bars in the charts, showing that the market is continuously declining in price.

The declining triangle pattern is often an indication of the market further declining, especially when the price breaks below the equilibrium support level. From the charts, the critical support level appears to be around $0.02194, making it a crucial point of breakout. If the price breaks below this level, it could signal a huge drop in value, potentially pushing it towards the $0.01509 level. Consequentially, if the coin manages to break out above the declining pattern and surpass the key resistance levels, especially at 78.60 Fib levels, it could signal a reversal.

The post VeChain Faces Bearish Trend with Potential Drop Despite Minor Gains appeared first on Crypto News Land.

Jump Trading sold 17,049 ETH worth $46.44 million via Lido, potentially impacting Ethereum's price stability.

ETH trading volume dropped 28% in 24 hours amid Jump Trading’s selloff, indicating reduced trader interest.

Leadership changes and CFTC investigations may influence Jump Trading’s aggressive Ethereum liquidation strategy.

Ethereum (ETH) selloff at Jump Trading has increased significantly, which could have an impact on the cryptocurrency market. Lookonchain revealed on August 14 that the well-known trading company liquidated 17,049 Ethereum, which was valued at about $46.44 million. The sale was made through the Lido liquidation staking protocol, and the funds were moved to a wallet that is well-known for handling cryptocurrency exchange transactions.

https://twitter.com/lookonchain/status/1823633235466969440 Market Reaction to Recent Transactions

Recently, there have been noticeable variations in the price of ETH. The recent selloff is in line with a prior trend in which Jump Trading's liquidation caused a sharp 20%+ price decline last week. 

Notably, the market is already worried about a possible correction as a result of the firm's most recent actions. Ethereum has increased in value in the last day.The trading volume has dropped in spite of this, suggesting a decline in trader interest.

Impact of Leadership Changes and Investigations

Furthermore, Jump Trading decided to sell off ETH in response to pressure from both the inside and the outside. After serving in that capacity for almost three years, Jump Crypto's president, Kanav Kariya, has announced his resignation. This shift in leadership comes after the Commodities Futures Trading Commission (CFTC) began looking into Jump Crypto in June. Such factors might be impacting the company's aggressive liquidation plan. 

According to Spot On Chain, Jump Trading recently redeemed 21,394 wstETH for 25,156 stETH. This deal emphasizes the company's strategic changes even more. Spot On Chain did point out that Jump Trading did not ask Lido for an instant withdrawal, in contrast to earlier cases.

The post Jump Trading’s Ethereum Liquidation Raises Market Concerns appeared first on Crypto News Land.

Having lost $230 million in a recent hack, WazirX said it has redistributed the rest of its balances to new multisig wallets

The breach exploited flaws in Liminal Custody services, forcing WazirX to sever its connection with the custodian and transfer funds to safer wallets.

Participants complained that even if WazirX is transparent with their funds and has established these measures to safeguard them, many investors want their money back ASAP.

WazirX, a cryptocurrency exchange based in India, is beginning to tighten up security for its clients after its recent attack. As a result of the attack, the assets were migrated from Liminal Custody to fresh multisig wallets belonging to the exchange. This followed the cybercrime on July 18, where around $230 million worth of digital currencies were stolen.

https://twitter.com/WazirXIndia/status/1823648822461149389

WazirX revealed that the cyber-attack on July 18 targeted a multi-signature wallet that held most of the company's funds for its investors. The wallet was under the control of four decision-makers—three from WazirX and one from Liminal Custody. 

While WazirX's internal systems were not breached, as reported by the exchange, the attack exploited vulnerabilities in the custodian's technology. This breach led to the loss of approximately 44.6% of the wallet balance's value and caused significant concern among investors who had entrusted their funds to what they perceived as an insecure platform.

Addressing Liminal Custody Issues and WazirX's Reaction

Following this incident, WazirX has opted to sever its partnership with Liminal Custody and consolidate the remaining funds in new multisig wallets. This decision conveys the exchange's strategy of protecting user funds and preventing similar future threats. Before the hack, WazirX stated that even though their interface and systems were unaffected, they couldn't guarantee the safety of Liminal's platform after the attack.

WazirX's actions in transferring its assets have received mixed responses. Despite the assurance by the exchange that the change is deemed necessary to improve security and prevent hacking, many investors still need to be satisfied. 

This hack has hampered a large portion of their fund's procurement, and thus, users are fuming and demanding immediate ability access. WazirX has stated that it will remain fully transparent throughout the migration process and that the new wallet details will be revealed as soon as the transfer is successfully processed.

The post WazirX Transfers Remaining Assets—What This Means for Investors appeared first on Crypto News Land.

Bitcoin surged 10% this week, driven by $2.5 billion in stablecoin inflows and increased institutional investments.

Tether minted over $1 billion USDT in 24 hours, boosting Bitcoin's price past $61,000.

Goldman Sachs invested $418 million in Bitcoin ETFs, signaling rising institutional demand.

A significant rebound has been seen this week for both the cryptocurrency market as a whole and for Bitcoin, with the price of the latter rising above $61,000. Stablecoin inflows have been very strong over the last week, which is largely responsible for this 3% increase. 

A recent spike in the issuance of stablecoins, especially USDT and USDC, suggests that new capital may be entering the crypto market. Consequently, traders of Bitcoin are keeping a close eye on these developments in anticipation of a potential bullish effect on the market.

https://twitter.com/spotonchain/status/1823538940697354516 Stablecoin Issuance Boosts Market Confidence

Tether and Circle have significantly increased the issuance of USDT and USDC stablecoins. This pattern raises the possibility that institutional investors are getting ready to add more funds to the cryptocurrency market. 

Stablecoin inflows of $2.5 billion over the last week may have played a significant role in the recent short covering of Bitcoin. Furthermore, the recovery of the larger cryptocurrency market has paralleled that of Bitcoin, with Ethereum dominating the altcoin space.

Institutional Demand for Bitcoin Grows

Increase in inflows into spot Bitcoin exchange-traded funds (ETFs) is more proof of the growing interest in Bitcoin among institutional investors. Notably, in the second quarter, Goldman Sachs revealed a $418 million investment in Bitcoin ETF products. This action demonstrates how institutions are becoming more interested in Bitcoin as an asset class. 

Money flows had stopped since April 2024, which caused a correction in the price of Bitcoin. Nonetheless, the market has benefited from the recovery in money flows brought about by growing USDT and USDC supply.

Signals for Positive Momentum

Tether has made over $1 billion in USDT in the last day, which bolsters the positive momentum in the cryptocurrency market. After that, these stablecoins were moved to centralized exchanges like Kraken, Coinbase, and Binance. 

Bitcoin's weekly gain has been fueled by the inflow of liquidity, which has strengthened the recovery of the market as a whole. The macroeconomic events that take place this week will be very important in determining how the cryptocurrency market develops in the future.

The post Bitcoin Traders Anticipate Rally Amid $2.5B USDT and USDC Inflows appeared first on Crypto News Land.

Goldman Sachs holds $238M in BlackRock’s IBIT, showing its growing confidence in Bitcoin.

The bank also invested $80M in Fidelity’s Bitcoin ETF, diversifying its crypto portfolio.

Over 500 institutional investors have allocated funds to Bitcoin ETFs, with inflows resuming this week.

Goldman Sachs has strengthened its position in the digital asset space by making notable moves in the cryptocurrency market. The banking corporation recently revealed the portfolio positions it held for the second quarter of 2024, and significant holdings in different Bitcoin Exchange-Traded Funds (ETFs) were among them. 

As per the 13F filing that was made to the U.S. Securities and Exchange Commission (SEC), Goldman Sachs currently possesses substantial holdings in seven distinct Bitcoin exchange-traded funds that are accessible in the U.S. market.

https://twitter.com/NateGeraci/status/1823539167122378998 Investment in BlackRock’s Bitcoin Trust

Goldman Sachs investments in BlackRock's iShares Bitcoin Trust (IBIT) is one of the filing's highlights. With a market value of about $238 million, the bank presently owns close to 7 million shares of IBIT. Goldman Sachs' increasing belief in Bitcoin as a vital asset in the financial landscape is demonstrated by this sizable holding. 

Since the launch of IBIT earlier this year, institutional investors have shown a strong interest. With $4.2 million in daily trading volumes, the IBIT has already risen to the third position among market participants in terms of Bitcoin holders.

Diversification Across Multiple Bitcoin ETFs

Apart from investing in BlackRock's IBIT, Goldman Sachs has expanded the range of cryptocurrencies it owns. With a market value of almost $80 million, the bank owns 1.5 million shares of Fidelity's Bitcoin ETF (FBTC). 

Therefore, this diversification tactic demonstrates how Goldman Sachs manages risk while continuing to have a significant presence in the rapidly expanding cryptocurrency market. Investments in other well-known Bitcoin ETFs, like those provided by Bitwise and Grayscale, are also part of the bank's portfolio.

Institutional Adoption of Bitcoin ETFs on the Rise

Goldman Sachs' announcement on its holdings coincides with a sharp increase in institutional interest in Bitcoin ETFs. The fact that more than 500 institutional investors have invested in Bitcoin ETFs shows how traditional financial institutions are beginning to accept digital assets.

Notably, this week has seen a return of inflows into Bitcoin ETFs, with $34.6 million coming into BlackRock's IBIT. Bitwise's BITB brought in $16.5 million in inflows, while Fidelity's FBTC brought in $22.6 million. Not all ETFs, though, are expanding; on August 13, Grayscale's GBTC reported outflows of $28.6 million.

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Robert Kiyosaki warns of an imminent market crash despite Bitcoin's recent surge past $60,000.

Kiyosaki's forecast predicts heavy impacts on Bitcoin, gold, stocks, bonds, and real estate.

Investors remain divided on market outlook amid Kiyosaki's repeated warnings.

Renowned financial analyst and author Robert Kiyosaki has once again warned of an imminent market crash. This declaration conflicts with signs of recovery in the cryptocurrency market, especially for Bitcoin. 

Kiyosaki, well-known for his "Rich Dad, Poor Dad" book series, has expressed his worries openly about the state of the financial system. He thinks there's going to be a big market downturn. Even though Bitcoin has surpassed the $60,000 threshold, Kiyosaki's most recent remarks imply that this surge might not last long.

https://twitter.com/theRealKiyosaki/status/1823527398178206060 Kiyosaki's Market Crash Prediction Gains Traction

Kiyosaki startled investors earlier in June when he predicted what he called the greatest market crash in history. This prediction included a warning that there would be significant effects on a number of financial assets, such as gold, Bitcoin, stocks, bonds, and real estate. 

Notably, the cryptocurrency market did drop significantly after his first prediction, but it quickly rebounded. Now that the market as a whole and Bitcoin are beginning to show signs of strength, Kiyosaki has reiterated his worries. On social media, he provided his followers with an update, saying that although he hopes his prediction is incorrect, he is still ready for the worst.

Bitcoin's Recovery Amid Looming Concerns

Bitcoin’s recent surge above $60,000  has made the market more optimistic. Also, the overall market capitalization has increased by more than 2%, providing a little reprieve for cryptocurrency investors. Kiyosaki has cautioned that this recovery might not last. 

Kiyosaki has highlighted the possibility of "rough days" ahead, highlighting the possibility of a hard or soft landing for the market. It is evident from Kiyosaki's position that those who are ready for the downturn will fare better than those who depend on public servants to protect their assets.

Investor Sentiment and the Future Outlook

Once again, Kiyosaki's comments have sparked debates among analysts and investors. Some people are still optimistic about the market's future, but others are paying attention to what he is warning about. 

Political figures like Kamala Harris and Jerome Powell have been the target of Kiyosaki's constant criticism, branding them as "3-Stooges" for their management of the financial system. His conviction that the market will ultimately collapse is unwavering, and he keeps telling his followers to be ready. Notwithstanding recent advancements in the cryptocurrency industry, uncertainty remains, as evidenced by the ongoing discussion over the future of the financial markets.

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Coinbase teases cbBTC launch, potentially rivalling WBTC amid growing concerns over Justin Sun’s role in WBTC custody.

cbBTC could position Coinbase as a major player in Bitcoin tokenization, building a new ecosystem on the Base network.

Despite the WBTC controversy, Coinbase’s cbBTC aims to integrate Bitcoin into the DeFi space, challenging existing market dynamics.

Coinbase is in a good position to expand the Bitcoin market as cbBTC, a potential rival to Wrapped Bitcoin (WBTC), approaches launch. This action is noteworthy, particularly in light of the mounting suspicions over Justin Sun's participation with WBTC. Amidst growing conjectures on its ability to rival WBTC directly.

The timing of cbBTC's introduction aligns with Coinbase’s broader strategy to develop a substantial Bitcoin ecosystem on its Base network. Besides, this initiative coincides with the increasing unease surrounding WBTC’s custody, particularly after BitGo's decision to transfer control of WBTC to a new joint venture, which includes Sun’s Tron ecosystem. However, Sun has clarified his involvement is purely strategic, with no access to private keys or control over BTC reserves.

https://twitter.com/coinbase/status/1823529439663403040 Addressing WBTC Custody Concerns

Moreover, BitGo CEO Mike Belshe downplayed the controversy, emphasizing that the concerns are largely perception-driven rather than based on facts. Despite these assurances, MakerDAO forums have seen some negative reactions, with proposals to halt WBTC borrowing and reduce debt limits to mitigate risks. However, on-chain data from Dune indicates no change in WBTC supply, suggesting traders remain confident in the protocol.

Interestingly, Coinbase’s cbBTC could offer a tokenized Bitcoin alternative on the Base network, similar to how WBTC integrates Bitcoin into the Ethereum-based DeFi ecosystem. This strategic move positions Coinbase to capitalize on the growing demand for Bitcoin integration across various blockchain platforms.

Navigating Regulatory Challenges and Expanding Horizons

Additionally, Coinbase has been proactive in addressing regulatory challenges, recently contesting the SEC’s broad definition of crypto exchanges, which could impact decentralized exchanges (DEXs). Furthermore, Coinbase announced its return to Hawaii, seven years after leaving, due to the state's improved regulatory landscape.

The Bitcoin tokenization scene may be greatly impacted by Coinbase's release of cbBTC, particularly in light of persistent worries about WBTC's custodial modifications. Coinbase is committed to influencing the direction of the cryptocurrency sector, as evidenced by its growth into new territories and the introduction of cutting-edge products like cbBTC, even as it navigates regulatory obstacles.

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In the swiftly developing sphere of digital assets, whereby initial investments can yield significant returns, investors are constantly seeking out the next big thing. Although Litecoin and Terra have made a name for themselves as formidable competitors, Qubetics (TICS), a recent entrant, is gaining popularity quickly. Qubetics is garnering attention for its cutting-edge functionality and novel features, providing investors with a new chance to realise substantial returns, as seen by the speed at which its whitelist is filling up. 

With growing interest in the cryptocurrency space, Qubetics has the potential to be a major player and offers significant returns to early adopters.

Terra's Resilient Resurrection

Terra (LUNA) is a monument of resiliency in the cryptocurrency world. Determined to restore its legacy, Terra returned with a new version of LUNA in 2022 following a disastrous collapse that rocked the cryptocurrency world. The journey has been difficult, with one major hack in August 2023 causing a dramatic decline in its value.

Terra's adventure is not yet finished, though. Terra has borne the worst and is still going, like a seasoned sailor navigating through choppy waters. Although there are undoubtedly difficulties, there is optimism for a possible recovery and rebirth in the years to come because of the project's innate strength and the community's persistent support. Although there may be challenges along the way, Terra's adaptability and tenacity indicate that it has the potential to surprise the market once more, demonstrating genuine resilience in the volatile world of cryptocurrencies..

Litecoin: An Illuminating Digital Silver

Litecoin (LTC) is a stable cryptocurrency that has constantly stood out in a world where the market is characterised by dramatic swings and abrupt changes. Dubbed the "digital silver" to Bitcoin's gold, Litecoin has long been regarded as a favourite among efficiency-focused users because to its quick transaction speeds and cheap fees. Litecoin keeps shining and demonstrating its fortitude in the face of difficulties as the market negotiates its most recent waves of volatility.

Litecoin is more than simply a digital currency because of its strong network and vibrant development community; it is a pledge to dependability in an unpredictably changing world. This perseverance is drawing in a fresh group of investors who view Litecoin as a reliable and exciting prospect, particularly in light of the fact that consistency is becoming ever more scarce. Litecoin's consistent performance serves as a reminder that genuine value is found not just in invention but also in the capacity to weather and grow through adversity in a market that is frequently fueled by hype and conjecture.

Why is Qubetics Making Strides in the Cryptoverse?

As a Layer-1 altcoin, Qubetics is a promising launch for the investors with low risk tolerance. It is a pioneering blockchain which is designed to provide a wide range of functionalities within a single ecosystem. It is built to solve numerous challenges in the current digital financial space by enhancing security, accessibility, and efficiency. 

Qubetics allows tokenization of various assets and cross-border payments, making it easier for the users to transact internationally without paying hefty fees and going through delays. Qubetics is a stable coin that is linked to the US dollar to provide stable transactions and reliable investment returns.

Are you a Good Candidate for Joining the Qubetics Whitelist?

Anyone who is looking for scalable investment to earn profits is a good candidate for joining the Qubetics whitelist. It gives you an exclusive access and lowest prices, allowing you to invest early and maximise your returns. 

Qubetics presale can drop any moment, and only the whitelisters will be informed 48 hours prior so that they can fill up their wallets when the coins are still affordable. Secure your spot on the whitelist today and join the Qubetics revolution. 

Conclusion

Finally, for individuals who are keen to learn more about the direction that digital banking is taking, Qubetics offers an enticing chance. Joining the Qubetics whitelist gives investors the opportunity to participate in a game-changing adventure in the cryptocurrency field, thanks to its cutting-edge features and potential for substantial rewards. Now is the time to reserve your position and take advantage of the opportunities that Qubetics offers, as the window of chance is becoming smaller. Don't pass up this opportunity to lead the way in a new chapter of blockchain technology.

Join Qubetics Whitelist Today

Website: https://qubetics.com/ 

Telegram: https://t.me/qubetics 

Twitter: https://twitter.com/qubetics 

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Animoca Brands joins ZetaChain as a validator, boosting multi-chain connectivity and fostering innovative omnichain dApps.

ZetaChain’s 2.0 upgrade, including Universal EVM, simplifies multi-chain interoperability and unlocks new opportunities for developers.

Over 540 Web3 companies in Animoca’s portfolio can leverage ZetaChain to future-proof their apps and access 3.5M+ unique wallets.

The universal blockchain ZetaChain has announced the addition of Animoca Brands, a gaming company with its headquarters in Hong Kong, as a validator. The long-term goal of seamless multi-chain interconnection and broad acceptance of digital assets is being realized in large part with this collaboration.

ZetaChain and Animoca Brands are two leading companies in the business that have partnered to share their respective areas of expertise. Animoca Brands offers a wealth of knowledge when it comes to blockchain network security. 

https://twitter.com/zetablockchain/status/1823348750250619375

At the same time, ZetaChain offers its proprietary ZRC-20 token standard, vital for Omnichain Smart Contracts deployment. This combination fosters a more secure, trustless environment, accelerating the development of innovative omnichain dApps that manage assets and data across different blockchains.

ZetaChain’s 2.0 Upgrade Simplifies Interoperability

ZetaChain recently introduced its 2.0 upgrade, which includes the Universal EVM and Chain Abstraction Framework (CAF). This upgrade simplifies multi-chain interoperability for developers, unlocking a multitude of potential use cases for unified liquidity and data. 

The Universal EVM allows for Universal Apps and Universal Proof of Stake, empowering developers and users to manage complex interactions across various chains from a single platform.

Expanding Opportunities for Web3 Innovation

Moreover, ZetaChain’s collaboration with Animoca Brands opens new opportunities for over 540 Web3 companies in Animoca’s investment portfolio. These companies can now leverage ZetaChain’s capabilities to future-proof their apps and access users on any chain, including native Bitcoin. Additionally, ZetaChain is eager to offer Animoca Brands portfolio companies access to over 3.5 million unique wallets on ZetaChain and its Ecosystem Growth Program.

This program dedicates 5% of the total ZETA token supply to support impactful Universal Apps through grants, incentives, and community campaigns. There is a particular focus on growing ownership, usage, and adoption of Bitcoin.

A leading company in gamification and blockchain worldwide, Animoca Brands is always pushing the boundaries of decentralized initiatives and digital property rights. Furthermore, through running validator nodes on several blockchains, the group has been encouraging ecosystem expansion and impartial on-chain governance.

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