The XRP price chart seems to be mirroring the same pattern as during its bull spike in 2017.

Analysts note the same pattern in the price charts now expecting a 60,000% price pump.

XRP analysts and holders debate how far the price of XRP will go varying from $20 to $9,761.

The crypto community waits patiently for Bitcoin (BTC) to regain its full bullish momentum as altcoins show bullish signs instead. Amongst these bullish altcoins is VeChain (VET), WadzPay (WTK), JasmyCoin (JASMY), Cardano (ADA), and Ripple’s XRP.

In particular, the  XRP Army is very bullish and is expecting a phenomenal price spike for XRP very soon. As the Ripple vs SEC cases seems to be nearing the final chapter of the battle, XRP’s price charts show a repeating pattern supporting the possibility of a parabolic price spike.

ATTENTION #XRP HOLDERSIt took 21 Days after the first apex was broken for XRP to really get going before doing Approx 60,000% (2017 chart attached) Arguably we are almost at the exact same point. LINEAR charts have us 3 days POST APEX… 18 days before EUPHORIA kicks in!! pic.twitter.com/OYdt60P9Q2

— BLOCK BULL (@TheBlockBull) July 11, 2024

According to one crypto analyst XRP has been forming a large triangle that is finally complete. This could trigger a 60,000% price spike caused by a narrow oversell of the Bollinger Band. More importantly, this user believes it will take 21 days for the parabolic leap to arrive. 

He draws an exact moment in history when XRP hit its current  ATH record in 2017 when the same event occurred. This event was the closing of the large triangle formation after which, 21 days later XRP pulled a 60,000% price pump. 

Now, the analyst observes the closing of the same triangle close pattern which shows the same potential for a 60,000% price spike. He says according to the linear charts, it has been 3 days since this close which means that the pump will arrive 18 days from now.

Strong evidence that $XRP on its way to $201. Strong support at $0.40-$0.50.2. Near lower Bollinger Band, oversold3. Moving average > current price; bullish4. Low volume during consolidation; watch for a volume surge5. Historical rallies after consolidation hint at… pic.twitter.com/PjWxb7IIGv

— Armando Pantoja (@_TallGuyTycoon) July 11, 2024

Meanwhile, another user adds that there is strong evidence for XRP to hit $20 first due to five main reasons. The first being that the asset has strong support at $0.40-$0.50. Adding to this is the Bollinger Band scenario, the moving average being higher than the current XRP price, low volume during consolidation, and historic rallies after consolidation.

One analyst even goes so far as to say that XRP will hit $9,761 on August 1, 2024. No doubt the XRP Army and the greater crypto community are both eagerly awaiting to see how this parabolic leap will take the price of XRP and if it will indeed arrive in the next 18 days.

Read Also

XRP’s Historical Upward Price Pattern Repeats, Bull Run Now?

XRP Repeats a Familiar Pattern, Sign of More Significant Price Pumps Ahead?

SHIB Inches Closer to DOGE; Memecoin War Repeat?

XRP Charts Spark Hope: Potential Parabolic Surge Ahead

Dogecoin’s Parabolic Rally Expected by April, Analyst Predicts

The post 60,000% XRP Parabolic Price Spike to $9,761 Only 18 Days Away if Historic Patterns Repeat appeared first on Crypto News Land.

Billions of people invest in cryptocurrencies every year, but do they all get profits? The answer is no. Many crypto coins offer utility, making them useful for investors, while some are only driven by hype. Without utility, a crypto coin is a burden on the investor’s shoulders. If you have been heartbroken by AAVE and Bluzelle’s latest performance, there’s one way to save money from further losses.

MoonBag (MBAG) is a bright option for investors looking to make stable profits. The project is in Stage 6 of the presale, raising over $3.3 million in funds. Earliest joiners are already enjoying a 1,400% profit on their investment, and if you join now, you can also see a 900% increase at the time of the coin’s launch. Discover how MoonBag crypto is a better option than AAVE and Bluzelle. 

AAVE’s High Transfer Fees Repel Investors 

Paying high fees for a transaction as small as $25 is unjustified. The lowest cost for AAVE is around $60, and the maximum goes up to $120. Investors look for alternatives to avoid paying huge fees for no reason. Recent AAVE price predictions of a 5% increase are still not convincing enough for traders to spend half their money on fees.  

Bluzelle Needs More Time to Establish in the Market 

Bluzelle (BLZ) is a new blockchain project aimed at helping develop the decentralized web. Since it’s a new project, it’s not perfect. Historical data suggests Bluzelle crypto’s last 3-year performance was just 11.55%. To avoid losses, it’s best to avoid investing in BLZ at this time.    

Best Crypto Presale in 2024: MoonBag Raises Its Status in the Crypto Kingdom

MBAG is a meme coin, growing closer to its launch day by day. LBank has announced that MBAG crypto will be launching on its exchange by October 11. So, is it the best time to invest in an MBAG coin? Yes, it is! 

MoonBag is an investment opportunity for everyone. If you decide to enter the presale at this stage, you will see a staggering 67% increase by Stage 7 and 567% by the end of the presale. MoonBag’s launch is right around the corner, and its unique benefits will make it the best crypto presale in 2024. 

MoonBag plans to maintain its price fluctuations through liquidity boosts after launch. About $3.5 million is allocated for this purpose, and $2.5 million will be used for buyback and coin-burning strategies. The idea is to create coin scarcity to ensure a rising demand for MBAG coins and no selling pressure on the investor. 

Earn Passive Income with MoonBag Staking Rewards 

MoonBag’s staking rewards are worth a mention. Enjoy 88% APY on coin staking to grow your investments from the comfort of your home. You will get epic airdrops and VIP access to events to be a cherished part of the MBAG community. 

MoonBag staking helps investors build their portfolio, but it also helps strengthen the MBAG’s position in the market. The more coins you stake, the more you help MBAG to rise as a strong contender in the market. And MoonBag crypto makes sure that you get rewarded for it! 

MoonBag’s Price Predictions Give Hopes to Investors 

Jacob Crypto Bury, a YouTube sensation, has predicted the MBAG’s price to reach $0.25 by November, $1 by 2025, and $10 by 2030. Many investors believe in Jacob’s predictions, meaning there’s a positive sentiment towards MoonBag crypto. Even if you compare Stage 1 of the presale to Stage 6, you can see how the MBAG coin’s price keeps increasing. 

Final Thoughts 

MoonBag crypto has everything an investor can ask for—high ROI, staking rewards, referral programme, community-driven approach, zero tax on trading, and much more. There’s a reason why it’s the best crypto presale in 2024, so don’t miss it and join MBAG’s adventure 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 Amidst AAVE’s High Fees and Bluzelle’s Volatility, MoonBag Delivers Best Crypto Presale in 2024 appeared first on Crypto News Land.

The lead developer of Shiba Inu (SHIB) recently shared a crucial update that could significantly impact the future of the meme coin ecosystem. Filecoin has also made headlines with its latest partnership to enhance decentralized AI development. 

As the crypto market navigates through the Shiba Inu update and Filecoin partnership, attention also turns to the launch of BlockDAG’s X1 Miner App. This user-centric app has captured the attention of potential miners and positively influenced BlockDAG’s presale. The presale has now reached batch 19 and earned over $57.4 million.

Shiba Inu Update on Long-Term Plans

Shiba Inu’s lead developer, Shytoshi Kusama, shared a significant Shiba Inu update, outlining the future vision for the SHIB ecosystem. Kusama emphasized the goal of creating a highly decentralized platform that aligns with the founder Ryoshi’s vision. 

Partnerships with industry leaders are being formed, and Web2 companies are being engaged in a transition to Web3. The update also hinted at a new token, TREAT, offering advanced ecosystem features. Kusama plans to step back, eventually allowing the ecosystem to operate autonomously.

Filecoin Partnership Boosts Decentralized AI

The Filecoin partnership focuses on enhancing decentralized AI development by leveraging Filecoin’s storage and computing capabilities. This partnership allows AI developers to manage extensive AI workloads more efficiently, utilizing Filecoin’s network for storage and computation. 

The integration optimizes resource utilization, offering increased revenue opportunities for Filecoin storage providers. This Filecoin partnership aims to reduce overheads in AI workload management. The focus also extends to improving data storage and retrieval and providing a comprehensive solution for decentralized AI development.

BlockDAG’s Eco-Conscious Mining: 12B Coins Sold

BlockDAG has made a significant leap forward with the release of the X1 Miner App on the Apple Store, allowing users to mine up to 20 coins daily via their smartphones. This app is now fully operational on the BlockDAG Devnet, marking a critical phase for software optimization in a secure environment. Following the Devnet phase mined BDAG coins will transition to the Testnet and then to the Mainnet, ensuring a robust and user-centric experience for managing and trading BDAG assets.

BlockDAG’s X1 Miner App enhances mining efficiency while prioritizing sustainability. Unlike traditional resource-intensive consensus mechanisms, BlockDAG employs an eco-conscious approach that minimizes environmental impact and noise, addressing a growing concern among users. This energy-efficient mining process aligns with global trends, making BlockDAG a preferred choice for environmentally conscious investors and partners. The network appeals to those focused on sustainable technology investments, emphasizing convenience and minimal environmental footprint.

The success of BlockDAG’s eco-friendly approach is evident in its booming presale, currently in batch 19 with a coin price of $0.014. The presale has generated over $57.4 million, selling over 12 billion coins. This remarkable achievement reflects the success of BlockDAG’s sustainable technology and its appeal to a new generation of investors, solidifying its position as a leading player in the cryptocurrency mining market.

BlockDAG: User-Centric Mining

BlockDAG’s X1 Miner App, now fully operational on Devnet, is revolutionizing the mining sector by allowing users to mine instantly with their smartphones. While the Shiba Inu update hints at a new token and Filecoin’s partnership focuses on AI workload management, sustainable-centric investors are drawn to BlockDAG’s eco-conscious mining approach. 

Its minimal environmental footprint and energy-efficient mining resonate with the new generation of investors. This interest has driven BlockDAG’s presale to impressive heights, generating $57.4 million from selling over 12 billion coins, making it the best time to buy BlockDAG crypto.

Invest in the BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

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

The post BlockDAG’s Big Bang Launch: X1 Miner App Hits $57.4M Presale as Investors Ditch Shiba Inu Update Amid Filecoin Partnership appeared first on Crypto News Land.

Binance plans to sell 72.6% of GOPAX to MegaZone, reducing its stake to around 10%, to meet regulatory requirements.

The sale aims to comply with the Financial Services Commission’s request and improve governance ahead of a key contract renewal.

Financial delays and GOPAX’s debt doubling to 118.4 billion won heighten the urgency for Binance’s strategic stake sale.

The leading cryptocurrency exchange, Binance, is drawing attention because it plans to sell its holding of GOPAX, a South Korean cryptocurrency exchange. MegaZone Cloud’s parent company plans to sell Binance its 72.6% stake in GOPAX. This action is a component of Binance’s endeavor to reform its governance and adhere to legal standards.

Regulatory Compliance and Stake Reduction

Notably, Binance’s decision to sell its GOPAX shares to MegaZone will reduce its stake to around 10%. This decision is driven by the need to comply with the Financial Services Commission’s request to change the largest shareholder and improve governance. Hence, this strategic move is essential for regulatory compliance.

#Binance is reportedly finalizing the sale of its majority stake in the South #Korean exchange #Gopax, reducing its ownership from 72.6% to potentially as low as 10%. The move aims to enhance governance following requests from local financial regulators, ahead of Gopax's… pic.twitter.com/uZ6FeN0QkY

— TOBTC (@_TOBTC) July 11, 2024

Moreover, the acquisition of a 72.26% stake in GOPAX last year faced delays in approval from financial authorities. Consequently, Binance is pushing for the sale to improve its governance structure, as requested by financial authorities. This will help process a change report ahead of the renewal of its real-name account contract with Jeonbuk Bank in August.

Financial Challenges and Debt Issues

Financial authorities have withheld a decision on the exchange’s report for over a year. This delay has necessitated the sale to facilitate regulatory approval. Besides, BF Labs, a domestic KOSDAQ-listed company, acquired an 8.55% stake in Streami, GOPAX’s operator, becoming the second-largest shareholder. However, their attempt to increase their stake further failed due to funding issues. Now, MegaZone emerges as a potential key player in resolving these regulatory challenges.

Significantly, the sale of GOPAX shares is crucial for Binance and GOPAX to maintain their status as a won exchange. The real-name account renewal contract with Jeonbuk Bank, due on August 11, requires the exchange to restructure its governance and secure financial authorities’ approval. GOPAX’s current state of complete capital erosion adds urgency to this situation.

Future Collaborations and Market Position

Binance had agreed to pay off GOPAX’s 56 billion won debt from FTX’s bankruptcy in 2022, conditional on regulatory approval. However, the authorities have not accepted the report for over a year, delaying the inflow of funds. With Bitcoin prices rising, GOPAX’s debt has doubled to 118.4 billion won as of April this year.

Furthermore, a MegaZone representative mentioned that several kinds of cooperation, such as buying stock, are being considered and waiting for government approval. The details of the procedure and the timeframe are still up for debate. For Binance, this sale is a big step toward navigating regulatory environments and securing a strong position in the South Korean market.

Read also:

Binance Acquires Majority Stake in Struggling GOPAX

Binance’s Troubles Escalate: The Fallout of Mishandled Assets and Alleged Misconduct

Bitcoin Gets a Boost Amidst U.S.’s Alarming $33 Trillion Debt Concerns

Bitcoin’s Fate: Balancing on the Edge of the U.S. Debt Dilemma

Bitcoin Surges to $27.1K as US Debt Ceiling Raise Confirmed

The post Binance’s Strategic Sale of GOPAX Stake to MegaZone Amid Regulatory Challenges appeared first on Crypto News Land.

Amidst market volatility, Lido DAO and Fetch.AI are facing bearish pressure, with Lido DAO price dips and the Fetch.ai death cross raising concerns. Amid these developments, BlockDAG has become a preferred destination for inflows due to its strong presale performance. This layer-1 project, backed by its cutting-edge X100 miner, has the potential to yield more than 30,000x ROIs. With its presale surging to over $57.4 million, BlockDAG is quickly being recognized as the best crypto to invest in now, demonstrating significant investor interest and long-term potential.

The Inside Story of Lido DAO Price Dips

Lido DAO, a liquid staking solution for Ethereum, has recently been under significant regulatory scrutiny. The United States Securities and Exchange Commission (SEC) has taken legal action against Consensys, the developer behind Metamask, for its unregistered broker activities. This action also impacts Lido and Rocket Pool, which are integrated into Metamask’s staking service. As a result, Lido DAO’s price has taken a hit, dropping by 10% immediately after the announcement and continuing to struggle in the face of these challenges.

The SEC’s lawsuit claims that Consensys collected over $250 million in fees from unregistered broker activities, involving liquid staking tokens such as Lido’s stETH. This legal pressure has caused a significant dip in Lido DAO’s value, now trading just below $2. The ongoing legal battles and market reaction highlight the growing regulatory risks for Lido DAO and its investors, making it a less stable option in the current market.

Fetch.AI Stares at Death Cross

Fetch.AI, known for its AI-powered autonomous economic agents, is undergoing a significant transition through its merger with SingularityNET and Ocean Protocol. This merger aims to form the Artificial Superintelligence Alliance (ASI), consolidating their strengths in AI and blockchain technology. However, the merger has also brought uncertainty and volatility to Fetch.AI’s token value.

Since the announcement of the merger, Fetch.AI’s token has plummeted to $1.2670, reflecting a 30% drop from its peak in June. Investors are wary of potential security risks and the operational complexities involved in the merger process. Technical analysis suggests a bearish outlook for Fetch.AI, with the token falling below key support levels and potentially forming a death cross pattern. This indicates that the bearish trend may continue, raising concerns about Fetch.AI’s stability and future performance.

BlockDAG: The Best Crypto to Invest in Now

BlockDAG’s cutting-edge X30 miner is a game-changer, potentially yielding 30,000x ROIs. With a robust 280 GH/s hash rate, the X30 triples mining efficiency while maintaining a compact, easy-to-place design. Its advanced ASIC technology ensures peak performance in the BlockDAG ecosystem, significantly enhancing mining capability and reward prospects. The X30’s scalable and adaptable design makes it suitable for both new and experienced miners.

BlockDAG’s presale has surged to over $57.4 million, reflecting significant investor interest. The presale has seen a 1300% price increase, from the initial batch price of $0.001 to the current batch price of $0.014 in batch 19. This impressive growth highlights BlockDAG’s strong market position and investor confidence in its long-term potential.

Recognized as the best crypto to invest in now, BlockDAG’s combination of the X30 miner’s efficiency and the presale’s success positions it as a leading contender in the cryptocurrency market. With substantial growth figures and innovative technology, BlockDAG offers promising investment opportunities for those looking to maximize returns.

Key Points

While Lido DAO faces price dips and Fetch.ai’s death cross indicates bearish trends, BlockDAG stands out as the best crypto to invest in now. BlockDAG’s presale has surged to over $57.4 million, with a 1300% price increase from $0.001 to $0.014 in batch 19. The cutting-edge X30 miner, with its 280 GH/s hash rate, enhances mining efficiency, contributing to the potential for 30,000x ROIs. These impressive figures and innovative mining solutions make BlockDAG a compelling choice for investors, promising strong growth and substantial returns amidst market volatility.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

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

The post Best Crypto to Invest in: BlockDAG’s Money Maker X30 Miner and $57.4M Presale Pulls in Investors As FET and Lido DAO Prices Dip appeared first on Crypto News Land.

Investing in the right presale can be a game-changer, offering early investors unprecedented returns and a head start in the market. With so many options vying for attention, how do you spot the one that promises excitement and profitability? The latest buzz in the crypto community is about a presale that’s turning heads and creating a buzz among seasoned and new investors alike.

MoonBag, a meme coin with a mission, is making waves with its innovative approach and enticing financial prospects. Designed to combine the fun of meme culture with robust financial strategies, MoonBag’s scalability promises substantial returns and a thriving community. MoonBag presale, now in stage six, has already raised over $3.3 million, showcasing the strong interest and confidence of the crypto community.

Pepe Coin Crashes 21% in a Month Amidst Internal Turmoil and Market Fluctuations

Pepe Coin has been experiencing significant turbulence recently, raising concerns about its long-term viability. One major issue is the internal conflict within its team, which has led to substantial financial drama. Reports indicate that 16 trillion Pepe tokens, worth approximately $15 million, were moved from the multi-signature wallet to various centralised exchanges.

Moreover, the market sentiment around Pepe Coin has turned increasingly negative. The Pepe coin market cap has seen wild fluctuations, highlighting its unstable position in the market. Pepe Coin Price Prediction: PEPE Dives 21% monthly as investors flock to this Layer-2 meme coin. Large transactions, including a recent transfer of $21 million worth of Pepe to exchanges, suggest a looming selling pressure, exacerbating its volatility​.

Is a $5 Crash Looming for Arweave? Market Woes and Investor Doubts

Arweave, known for its unique approach to permanent data storage on a blockchain, has garnered attention in the crypto space. However, despite its innovative technology, Arweave faces significant challenges that raise concerns about its long-term viability. One major issue is the recent decline in its market value, with the Arweave price dropping by 11% over the past week.

Due to recent market trends, arweave crypto enthusiasts are concerned about the project’s future. The Arweave wallet provides secure storage but hasn’t alleviated fears. Speculation around an Arweave airdrop has temporarily boosted interest. Still, it’s not enough to counteract the potential for its price to crash to $5, highlighting the growing uncertainty and volatility surrounding its market performance.

MoonBag’s Strategic Success: High ROIs and Exclusive Investment Opportunities

MoonBag’s incremental liquidity injection and buyback and burn events create a positive feedback loop, leading to increased coin scarcity and potentially higher prices. With a current presale price of just $0.0003 per coin, early investors can expect significant returns. Those who joined the presale in its initial stages have already seen their investments soar by 9,900%.

MoonBag scalability plays a crucial role in supporting these promising outcomes. The benefits of joining MoonBag early are clear. With an impressive 88% APY on staked MoonBag coins and the potential for VIP access to exclusive events and epic airdrops, the financial advantages are unmatched. MoonBag’s scalability further enhances its potential for widespread adoption and sustained growth.

MoonBag’s BuyBack and Burn Strategy Fuels Its Success

At the heart of MoonBag’s appeal is its exceptional scalability and progressive price increases. By dividing liquidity into six parts, starting with $1 million on launch day, MoonBag ensures a solid foundation for trading and stability. The subsequent injection of $2.5 million in five steps, dedicated to a buyback and burn strategy, aims to stabilise prices and foster sustainable growth. This systematic approach prevents sudden price fluctuations and enhances investor confidence in the coin’s long-term value.

Conclusion

MoonBag stands out as a beacon of stability and growth in a market crowded with speculative coins. In contrast, Pepe Coin and Arweave present significant concerns. Pepe Coin, largely driven by memes and hype, needs a solid foundation and long-term vision, making it a risky investment. Arweave, despite its innovative approach to decentralised storage, faces scalability issues and a complex user interface, limiting its mainstream adoption.

Don’t let this opportunity slip away—invest in MoonBag coin today and watch your financial dreams take flight!

Invest in MoonBag Presale

Website: https://moonbag.org/ 

Presale: https://moonbag.org/presale  

Twitter: https://twitter.com/moonbagorg 

Telegram: https://t.me/moonbagofficial

The post MoonBag’s Scalability Outperform Pepe Coin and Arweave, Offering Early Investors Unmatched Financial Returns  appeared first on Crypto News Land.

Amid market ups and downs, Ethereum and BNB show signs of a bullish breakout despite overall market trends. Meanwhile, BlockDAG, a layer 1 blockchain project, has attracted significant attention due to its promising future. 

Featuring the innovative X100 miner, BlockDAG is poised for significant growth, potentially offering returns exceeding 30,000 times the initial investment. Its presale has surged past $57.4 million, reflecting robust investor interest. As we analyse Ethereum products and assess BNB’s price movements, BlockDAG emerges as one of the top altcoins for 2024, promising lucrative returns amidst current market dynamics.

Ethereum’s Resilience and Upcoming ETFs

Ethereum has seen substantial withdrawals, with over $120 million pulled out of ETH-traded exchange-traded products (ETPs) in the past fortnight, marking the highest since August 2022. Despite these outflows, optimism grows with the imminent approval of Ether ETFs in the United States. These ETFs could potentially attract $5 billion in net inflows within the initial five months, driven by independent investment advisors and broker/dealer platforms.

The introduction of Ethereum products, such as ETFs, underscores sustained interest in the platform. Galaxy and Bitwise anticipate substantial demand, with Bitwise projecting $15 billion in inflows over 18 months. This anticipated influx of capital underscores Ethereum’s enduring market relevance and potential for expansion.

BNB Price Review: Recent Trends and Critical Indicators

BNB has witnessed a resurgence in trading activity, with a 3% price rise after rebounding from a major support level on the trendline. This move follows a ten-day consolidation period, highlighting the strength of BNB bulls. Despite multiple attempts, the $593 resistance level remains a formidable hurdle, indicative of the ongoing struggle between bullish and bearish market sentiments.

Accumulation by large institutional investors is pivotal to BNB’s recent performance. Data reveals a whale-to-retail investor ratio 79, signalling substantial interest from major institutions. This accumulation phase typically leads to increased buying pressure. Ongoing developmental efforts further bolster investor confidence, reinforcing BNB’s fundamental strength. Analysis of BNB’s price suggests that breaching the $593 resistance could propel the coin to new heights.

BlockDAG: A Promising Competitor with Advanced Technology

BlockDAG has captured considerable investor interest with its presale, which has surged past $57.4 million. Currently in its 19th batch, BDAG’s price has skyrocketed by 1300%, moving from an initial $0.001 to $0.014. The cutting-edge X100 miner plays a crucial role in this growth, is integral to BlockDAG’s ecosystem and is positioned as one of the top altcoins for 2024.

The X100 miner is a powerhouse in cryptocurrency mining, boasting a 2 TH/s hash rate and consuming 1800W of power. It can generate up to 2,000 BDAG daily, which is appealing to miners. Its design balances high performance with controlled noise levels, making it suitable for diverse environments. The X100’s advanced ASIC technology enhances computational power, making block mining more efficient and profitable.

The miner’s scalability and energy efficiency enhance BlockDAG’s long-term prospects. With the X100, BlockDAG aims to attract more miners, thereby bolstering network security and increasing coin value. As a result, BlockDAG presents a compelling investment opportunity, potentially yielding returns of up to 30,000 times the initial investment. Investors seeking significant returns should consider BlockDAG, which stands out in the competitive cryptocurrency market.

Key Insights

Ethereum and BNB demonstrate strong potential amid market volatility. Ethereum’s upcoming ETFs have the potential to draw significant investments, while BNB’s accumulation by whales suggests sustained institutional interest. Nevertheless, BlockDAG distinguishes itself with its innovative ecosystem and impressive presale performance. 

Featuring the X100 miner, with its 2 TH/s hash rate and substantial earning potential, BDAG can achieve returns of up to 30,000 times the initial investment. With its presale surpassing $57.4 million and a price surge of 1300% from $0.001 to $0.014, BlockDAG offers a compelling investment opportunity for those seeking the top altcoins for 2024.

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 Leading Altcoins in 2024: BlockDAG’s X100 Miner Boosts Presale to $57.4M Amid Ethereum Product Fluctuations and BNB Price Rally appeared first on Crypto News Land.

In the unpredictable world of cryptocurrencies, assets like Algorand and Internet Thorchain are facing turbulent times. Amid this chaos, investors are seeking refuge in the MoonBag (MBAG) presale, which stands out as a better alternative.

MoonBag has quickly captured the attention of the crypto community with its impressive features, including an astounding 88% APY on staking and an innovative referral program. These attractive benefits have fueled significant interest and trust among investors, leading to over $3.3 million raised in less than two months.

Thorchain Investors Seek Alternatives After 35.5% RUNE Decline

Thorchain’s RUNE token has plummeted by 35.5% over the past month, now trading at $4.38, a significant drop from its earlier high of $10.62 this year. Despite the lack of any major negative news, investor sentiment has noticeably waned.

Long-time Thorchain backers remember its impressive surge from around $1 in August 2023, which has kept many holding on. However, analysts are now cautious, warning that without substantial new developments, RUNE might dip below the $4 mark. This has led some Thorchain investors to explore new opportunities, such as ventures like MoonBag.

Algorand’s Struggles: Blockchain Issues Drive Price Down

Algorand initially generated excitement as a new digital currency and blockchain platform, but current discussions on crypto forums like Reddit reveal a more critical view. Enthusiasts point out its limited trading volume and the challenges of achieving growth without centralization.

Over the past year, ALGO has seen a substantial 40% decline, raising alarm among investors. While some predictions hint at potential growth by July 2024, there’s a growing belief that the window for recovery might be closing as more investors begin to pull out their support.

Earn More Crypto with MoonBag Referral Programme

The MoonBag presale is attracting cryptocurrency investors with its current price of $0.0003 per coin (expected to rise in Stage 7). This presents a timely opportunity to consider getting involved in the project. Moreover, MoonBag offers a referral program that allows you to potentially increase your cryptocurrency holdings. 

By connecting your wallet securely and sharing your unique referral code, anyone who uses your code to buy at least $25 worth of MoonBag coins receives an extra 50% in MBAG coins. Participating in the MoonBag referral program not only helps you earn more coins but also builds a community spirit. Each purchase made using your referral code enhances your position on a leaderboard. At the end of every month, the top 20 referrers earn a 10% share (paid in USDC) of the total purchases made using their code. Moreover, those with crypto communities of over 5,000 members may qualify for cashback rewards on their community’s purchases.

Conclusion

The MoonBag presale presents an exciting opportunity to invest in a promising coin that’s gaining momentum. With the MoonBag referral program, you can easily grow your holdings and move up the leaderboards. Don’t let your investments stagnate like Algorand and Thorchain. Take this chance to join a thriving community and see your gains increase. Jump into action with MoonBag (MBAG) today and discover the difference!

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 Unleashing Crypto Prosperity: MoonBag Referral Programme Lures The Investors Of Algorand And Thorchain appeared first on Crypto News Land.

Internet Computer (ICP) price has significantly declined, dropping 3.01% in the last 24 hours to $6.92 and 15.0% over the past week. Meanwhile, the PEPE price prediction remains uncertain amid market fluctuations.

In contrast, BlockDAG (BDAG) stands out as the ultimate choice for miners and investors. Its X1 mining app, now available on the Apple Store, allows users to earn up to 20 BDAG coins daily with minimal energy expenditure. This innovative approach has led the presales to soar past $57.3 million by the current and 19th batch, positioning BlockDAG as the top crypto gem in 2024. 

Pepe Price Prediction: Strong Rebound Signals

The Pepe price pumped more than 15% in the past 24 hours to trade at $0.000009549 as investors re-accumulated the meme coin. This recent gain, however, hasn’t pushed its weekly performance out of the red, as the Pepe price prediction remains cautious.

The PEPE price rebounded from the key support at $0.000007661 and is climbing towards a major resistance level. If it surpasses this resistance, it could rise in the short term. Conversely, a rejection might see it retest the lower support. Technical indicators suggest a potential climb, reinforcing a positive Pepe price prediction.

ICP Price Decline: Understanding Volatility and Market Cap

Internet Computer’s (ICP) price has decreased by 3.01% over the past 24 hours to $6.92, continuing a weekly downward trend from $8.25 to its current price, reflecting a -15.0% decline.

The price movement and volatility of ICP over the past 24 hours and week are shown with Bollinger Bands, which indicate larger volatility when bands are wider. Despite a 99.0% increase in trading volume, the circulating supply decreased by 0.59% to 466.02 million. ICP is currently ranked #29 in market cap at $3.22 billion, which highlights the volatility of the ICP price.

Maximize Mining with BlockDAG’s Eco-Friendly X1 App

BlockDAG is redefining cryptocurrency mining with its innovative X1 Miner App, transforming everyday smartphones into powerful mining devices. This app facilitates the mining of up to 20 BDAG coins daily and encourages users to engage with it every 24 hours to maximize their mining potential. This requirement for daily interaction is more than just a task; it’s a way to immerse users in the BlockDAG community, ensuring their active and continuous participation.

Highlighted in the community Wiki, the X1 Miner App’s potential is vast, offering a straightforward yet productive mining solution right from users’ smartphones. This accessibility is central to BlockDAG’s mission to democratize the mining process, allowing more individuals to participate in cryptocurrency mining without the need for elaborate setups.

Moreover, the X1 Miner’s energy efficiency is a significant advancement in blockchain technology. Traditional mining methods are known for their hefty energy consumption, but BlockDAG’s approach eliminates this concern. By leveraging a proof of engagement method, the app minimizes energy use, making it an environmentally friendly option in the blockchain space.

In essence, BlockDAG’s X1 Miner App is not just a tool for mining; it’s a leap towards sustainable, inclusive, and community-focused cryptocurrency mining, enabling users to earn significant rewards daily while contributing to environmental conservation.

Final Say

BlockDAG emerges as a top crypto gem in 2024, while Internet Computer price faces a notable decline, and PEPE price prediction remains uncertain. The X1 mining app offers an efficient and eco-friendly way to mine BDAG coins, allowing users to earn up to 20 BDAG coins daily with minimal energy usage. BlockDAG is innovative and sustainable, solidifying its position as the top crypto gem in 2024.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

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

The post BlockDAG’s X1 App Hits iOS While ICP & PEPE Price Predictions Hit the Skids: Presales Skyrocket to $57.3M appeared first on Crypto News Land.

Would you take it if you had another opportunity to secure a millionaire’s life? Many people regret not investing in a cryptocurrency that later skyrocketed. In the volatile cryptocurrency market, stability and security are crucial. As  SingularityNET faces scalability issues, while Wrapped ETH deals with regulatory uncertainty and centralised risks, a new maestro player, MoonBag (MBAG), appears to possess a strategic outlook and strengthened defences.Presenting MoonBag (MBAG), the newest meme coin in the cryptocurrency space. With its 88% APY staking rewards and zero-tax policy, this meme coin guarantees steady investment growth. Let’s dive into the world of MoonBag and discover how it outperforms Wrapped ETH and SingularityNET.

SingularityNET: Pioneering AI and Blockchain  Integration, but Can It Tame Market Volatility?

SingularityNET crypto has been making noteworthy progress in the decentralised AI field. However, the project still has scalability and market volatility issues, which may affect its long-term stability and adoption. With its strong market plan and great rewards for staking, investing in  MBAG crypto coins is more secure and rewarding.

Wrapped ETH: Solid Staking, But Is Liquidity Holding It Back?

In the DeFi arena, Wrapped Ethereum (wETH) is still a major participant, particularly with its staking options. With the promise of quicker and more secure asset bridging, there has been a noticeable push recently to introduce wrapped staked ETH (wstETH) to the Cosmos community using Squid’s cross-chain liquidity router. However, wETH has to contend with market volatility and liquidity limitations. Although there is hope, investors should be aware of the risks involved, especially as the integration with Cosmos brings additional complexity and new trust assumptions. Therefore, investors find the MoonBag crypto coin a compelling alternative. MBAG’s unique features and community support offer promising potential for growth and stability beyond traditional ETH assets.

MoonBag’s Market Mastery: How Does Stellar Management Lead to Crypto Success

Your investment will rise steadily if you begin your staking trip as soon as you buy MoonBag coins. Staking is made simple and easy with an easy-to-use approach that maximises returns for both novice and experienced investors. Also, MoonBag crypto guarantees that your gains are substantial and easily obtainable with a vesting term of only three months from the presale.

Investor confidence is still strong with the money raised in a little over a month totalling over $3.3 million. MBAG coins can be purchased for as little as $0.0003. A $10,000 investment, for example, could rise to $18,800 by the end of the year, highlighting the program’s substantial growth potential. 

As it enters its seventh presale round, MoonBag’s price will rise gradually, demonstrating the team’s strategic vision and growing investor confidence. In a dynamic market, the MoonBag community is distinguished by market makers who guarantee price stability and growth. 

How to buy MBAG coins

To buy MBAG coins, create a virtual world using a Trust wallet or Metamask. Adhere to the heavenly instructions to create your wallet and save your private keys somewhere accessible anytime. Because your private key keeps your MoonBag safely attached to your space travel, treat it like the rarest gemstone in the cosmos!

Conclusion

MoonBag crypto highlights itself in the changing world of virtual currencies with its unique reflections system. Wrapped ETH might run into problems with liquidity, while SingularityNET faces difficulties with adoption and technological changes in the AI industry. MoonBag’s community-driven culture and passive income possibilities present a promising mix of innovation and dependability for the future of decentralised finance.

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 MoonBag Crypto Surges Ahead: Outpacing Wrapped ETH and SingularityNET Amid Market Turbulence appeared first on Crypto News Land.

Ripple CEO Brad Garlinghouse warned SEC’s crackdown on crypto could sway US election politics.

Garlinghouse criticized Gensler, calling him a “Luddite” hindering crypto innovation.

Political shifts may impact US crypto regulation amid debates over Democratic and Republican stances.

Specifically, Ripple CEO, Brad Garlinghouse passed a solid warning to SEC Chair, Gary Gensler, saying that the agency’s actions might impact the industry before the elections.

The remarks made by Garlinghouse to a U.S. audience in this ongoing crypto debate demonstrate the high-profile stand-off between the crypto financial industries and the Washington regulatory authorities. 

This came after a round-table discussion organized by the US representative for the entertainment industry, Ron Khanna, with notable personalities in the industry. 

The discussion involved various members of the U. S. Congress, with Kirsten Gillibrand and Joe Neguse speaking. Other participants also involved Coinbase’s Chief Legal Officer Paul Grewal and Circle’s Chief Strategy Officer Dante Disparte as well. After several speeches and presentations, Garlinghouse spoke about Gensler and blamed the Democratic Party for the growing interest in cryptocurrencies among Republicans due to the perceived hostility towards crypto. 

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

Garlinghouse did not hold back, referring to Gensler as a “Luddite,” a term for someone resisting new technology. He believes Gensler’s skepticism is like trying to stop a tidal wave, pushing innovation and opportunities away from the U.S. This is not the first time Garlinghouse has voiced opposition to Gensler’s regulatory approach. 

Last year, he criticized the SEC Chair’s argument that existing frameworks are sufficient for regulating crypto.

Garlinghouse’s criticism echoes worries expressed by other industry leaders. Hayden Adams, the founder of Uniswap, stated that the Biden administration’s attitude on cryptocurrency could have an impact on the 2018 election. 

While the Democrats’ stance on digital assets is debatable, the Republican Party and its leading contender, Donald Trump, have actively courted the crypto community, promising a more favourable regulatory environment. This shifting political landscape complicates the discussion over how to appropriately govern the fast expanding cryptocurrency business in the United States.

Garlinghouse’s comments underscore the heated discussion over cryptocurrency regulation. As the political atmosphere shifts, the future of US crypto legislation remains unpredictable, with substantial ramifications for the industry’s capacity to innovate and grow.

Read Also:

SEC Chair Gensler Faces Tough Questions from US Congressman

Winklevoss Warns of a Political Backlash Amidst Crypto Crackdown

Challenges SEC Chair Gary Gensler Faces in the Crypto Space- Expert Weighs In

Gensler’s $2.4B Crypto Crackdown Budget To Get Stalled Until April

US Rep. Davidson Aims to Oust SEC Chair Gensler in Dramatic Legislative Move

The post Ripple CEO Garlinghouse Calls Out SEC Chair in Crypto Regulation Debate appeared first on Crypto News Land.

Despite a recent 20% dip, Dogecoin has a bullish forecast, with analysts predicting it could hit $1 by 2025. Meanwhile, Kaspa is showing potential, leveraging innovative technology, with its advanced GHOSTDAG protocol. However, BlockDAG emerges as a versatile and lucrative investment opportunity for offering 10 different payment methods, making it easier than ever for investors to engage with the platform and capitalise on its growth. 

Moreover, BlockDAG offers unparalleled growth potential, as evidenced by the returns made by its early investors who have seen a 1300% price surge across 19 presale batches. So, investors looking for the best time to buy crypto are considering BlockDAG and securing their financial future.

Dogecoin Prediction: Will it Hit $1 by 2025?

Dogecoin has had an unstable journey recently. After losing nearly 20% of its value over the last month, it’s currently trading at $0.12. However, prominent cryptocurrency analyst Big Mike predicts a significant surge for Dogecoin, estimating it could reach $1 by 2025. His forecast is based on the Elliott Wave theory, which suggests that DOGE is in the midst of a new bull cycle.

This theory posits that Dogecoin is now in the third wave of a five-wave pattern, typically the longest and most dynamic phase. If the pattern holds, DOGE could peak at $0.60 before experiencing a correction and then potentially climbing past the $1 mark in the final wave. Such predictions are fueling optimism among Dogecoin enthusiasts who are awaiting the potential upswing.

KASPA Potential: Analysing GHOSTDAG Protocol & Scalability

KASPA is rapidly gaining traction due to its unique technological advancements. KASPA employs the GHOSTDAG protocol, which allows multiple blocks to coexist and be ordered in consensus. This method enhances transaction throughput and scalability without compromising security. 

KASPA’s proof-of-work consensus mechanism, coupled with the k-Heavyhash algorithm, ensures robust network security and future compatibility with photonic mining technologies. This forward-thinking approach and a geometric reduction in emissions over time position KASPA as a viable option.

BlockDAG Payment Options: $1K Investment Turned into $14K Profit!

BlockDAG stands out with its new initiative to support over 10 different payment methods, including major cryptocurrencies like Ethereum, BNB, Bitcoin and newer ones such as KASPA, DOGE, and SHIB. Additionally, it accepts USDT on both the Ethereum and TRON networks, SOLANA, XRP, Fantom, and Cardano. 

This wide array of payment options significantly enhances BlockDAG’s accessibility, attracting a diverse range of investors. By accommodating such a variety of cryptocurrencies, BlockDAG not only simplifies the entry process for investors but also establishes itself as a versatile and user-friendly platform in the competitive crypto market.

Investing early in BlockDAG’s presale, which has reached $57.4 million, has proven to be highly profitable. An initial investment of $1,000 in BlockDAG at the initial batch price of $0.001 per coin has escalated to $14,000 as the coin price surged to $0.014 in its current 19th presale batch. This represents a remarkable 1300% increase, showcasing BlockDAG’s robust market performance and growth potential. Such significant returns highlight the platform’s potential for future gains and make it an attractive option for investors seeking substantial returns.

Additionally, BlockDAG’s price trajectory suggests even greater potential. With consistent gains, the projection of the coin reaching $30 by 2030 appears achievable. When this highly achievable prediction transforms into reality, the initial $1,000 investment could skyrocket to an astounding $30,000,000. This potential for monumental returns underscores BlockDAG’s promise as a lucrative investment opportunity in the evolving digital currency sphere.

Final Thoughts

In the dynamic world of cryptocurrencies, BlockDAG distinguishes itself by offering 10 different payment methods, making it accessible and appealing to a wide range of investors. While Dogecoin predictions and KASPA’s technological potential capture attention, BlockDAG’s practical approach to inclusivity and impressive investment returns make it a compelling choice for those looking to enter the crypto market. 

Early investors have already seen 1300% substantial gains, and with projections of even higher returns by 2030, BlockDAG presents an exceptional opportunity for serious wealth creation. For keen investors, now is the best time to buy BlockDAG crypto, especially for its offerings and the chance to capitalize on this promising venture

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 Opens Door For Investors With 10 Payment Methods! KASPA Shows Potential & Dogecoin Eyes Bullish Predictions appeared first on Crypto News Land.

In the cryptocurrency market, three key players are drawing significant attention: BRETT, Ethereum NFTs, and the emerging MOONHOP. While BRETT shows promising prospects in the meme coin market, Ethereum NFTs are experiencing a downturn due to reduced market activities. On the other hand, MOONHOP ($MHOP) is kicking off its presale with a fresh approach to growth and community engagement, distinguishing itself with unique tokenomics and a well-planned roadmap. 

BRETT’s Future Looks Bright

Looking ahead, the forecast for BRETT is highly optimistic. As a prominent meme coin on Base, BRETT has quickly risen in popularity, particularly in 2024, thanks to its connection with Coinbase’s Ethereum Layer-2 network which continues to draw both investors and developers. 

The outlook suggests that BRETT will maintain its upward trajectory, fueled by growing interest and potential listings on major exchanges. This positive trend indicates that BRETT is on track to exceed its current achievements and secure a spot as a key player in the meme coin arena, reinforcing our bullish outlook for the future. 

Ethereum NFT Market Sees Downturn

The latest data points to a troubling trend for the Ethereum NFT market, which has seen its lowest levels of activity since mid-2021. The number of unique traders on leading Ethereum NFT marketplaces like OpenSea and Blur has been falling for six consecutive months.

While Bitcoin NFTs are seeing a rise, Ethereum’s metrics show a stark decline, with trading volumes dropping to levels last seen in early 2021. Revenue for major Ethereum NFT platforms also reached a low in June, falling below $1 million for the first time since early that year. This downturn is occurring as prominent investors such as Mark Cuban are reducing their NFT holdings, signaling tough times ahead for Ethereum NFTs. 

MOONHOP: A Thriving Financial Future

Step into the vibrant world of MOONHOP, where the tokenomics strategy ensures fair distribution and strong growth within an enthusiastic community. The total supply of 8 billion MOONHOP coins, with half available for the presale, ensures early supporters are generously rewarded.

The presale starts at just $0.01 per MOONHOP and is set to climb to $0.50 at launch. This structured approach over 50 stages aims to gradually increase MOONHOP’s value, benefiting those who join early.

The funds raised will be strategically used to enhance the MOONHOP ecosystem, with significant portions allocated to development, marketing, and establishing a solid liquidity pool to ensure stable trading and manage price fluctuations. Operational costs, including salaries, legal fees, and other essential services, are also covered to secure a stable and scalable operation for MOONHOP. 

By joining MOONHOP, community members are not only investing but also actively contributing to a thriving ecosystem. MOONHOP’s approach to tokenomics goes beyond mere financial returns; it aims to cultivate a prospering network where every participant can succeed. 

MOONHOP presale is breaking records, smashing through $916k in stage 1! With just $0.01 per coin, the rush is on. Get in now to ride the wave and possibly 100x your investment soon! 

Bottom Line  

As we venture through the dynamic landscape of cryptocurrency, one thing is evident: MOONHOP is primed for a significant breakthrough. It offers promising financial returns and a thriving, community-driven ecosystem. 

While BRETT’s price forecast garners attention and Ethereum NFTs encounter obstacles, MOONHOP is prepared to establish its unique presence with relentless enthusiasm and a dedication to inclusivity. Investors are set to leap towards a future where MOONHOP emerges as the next explosive meme coin.

Join MOONHOP Presale Now:

Website: Moonhop.io

Presale: https://moonhop.io/buy

Twitter: https://twitter.com/Moonhopcoin

Telegram: https://t.me/moonhopcoin

The post MOONHOP Reveals Its Presale Strategy, Breathing Life into Crypto as BRETT Climbs and Ethereum NFTs Stumble! appeared first on Crypto News Land.

FTX creditors set to receive $16B in October-November, potentially boosting crypto markets.

German Bitcoin sales of $1.5B have caused bearish sentiment, contrasting with upcoming FTX repayments.

Crypto analyst predicts Bitcoin prices may reach $80K-$100K with market inflow from FTX repayments.

On a recent X post, crypto analyst @DrProfitCrypto highlighted crucial information from newly released FTX bankruptcy documents. These documents suggest that creditors, including former investors and traders, are set to receive approximately $16 billion USD starting from October to November this year.

The most bullish news right now, overshadowed by a flood of fear and negativity, are the newly issued FTX bankruptcy documents.Creditors (Former investors and traders) are set to get back approximately $16 billion USD starting from October to November this year. This cash will… pic.twitter.com/mCrwYEXN2q

— Doctor Profit (@DrProfitCrypto) July 11, 2024

Market Response to FTX and German Government Actions

The analyst pointed out the contrast between the expected $16 billion USD inflow from FTX repayments and the German government’s recent Bitcoin sales. The German government has been selling off its Bitcoin holdings whic they originally obtained in 2013. 

Over the past month, Germany has sold around 25,000 Bitcoin worth approximately $1.5 billion USD. This has contributed to a bearish sentiment, pushing the market into fear and sell phases.

Potential Market Scenarios

He also outlined two potential scenarios for the market in response to the FTX repayments. In the first scenario, market makers might pump the market hard to ensure the $16 billion enters at a peak, or at least at a high price before a correction. This could see Bitcoin prices reaching targets between $86,000 and $92,000 just before creditor repayments.

In the second scenario, the influx of funds could flood the market amid FOMO (fear of missing out) and euphoria, driving prices even higher. The analyst predicts bullish times for Q3 and Q4, with Bitcoin prices potentially reaching between $80,000 and $100,000 this year, extending into 2025.

Historical Context and Market Implications

FTX’s collapse in November 2022, triggered by reports of speculative crypto tokens and financial mismanagement at its affiliated firm Alameda Research, led to a surge of customer withdrawals and eventual bankruptcy. 

The subsequent legal actions against FTX founder Sam Bankman-Fried and top executives for misappropriating customer deposits further shook the crypto market. In contrast, the German government’s Bitcoin sales strategy, while significant, involves a much smaller sum. 

Germany originally obtained nearly 50,000 Bitcoin worth over $2 billion at today’s prices. With recent sales reducing their holdings to 13,100 Bitcoin valued at $765 million, the impact is relatively minor compared to the potential $16 billion inflow from FTX repayments.

Read also

Mt. Gox Repayment Drama: Creditors Left Hanging?

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

The Complete Guide to Mt. Gox’s Bitcoin Repayment Process

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

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

The post Crypto Analyst Foresees $80K-$100K Bitcoin Amid FTX’s Potential $16 Billion Repayment appeared first on Crypto News Land.

Recent shifts in investor sentiment have impacted major players such as RNDR AI crypto and Uniswap wallet. RNDR has experienced a downturn in futures positions, indicating declining interest, while Uniswap has collaborated with Transak to improve DeFi accessibility. 

Amid these changes, BlockDAG has reached a significant milestone, selling beyond 8812 miner units and approaching $3.6 million in sales. BlockDAG’s X series miners, including the X10, are renowned for their profitability and technical superiority, establishing a new benchmark in passive income generation among leading cryptocurrencies.

Decline in RNDR AI Crypto Due to Decreased Interest

Recent RNDR AI crypto sphere events show a marked shift in investor sentiment. In June, RNDR saw a significant reduction in open futures positions, leading to a bearish market perception. This reduction triggered a significant departure from the futures market, leading to a notable decrease in open interest.

Consequently, daily active addresses involved in RNDR transactions dropped by 11% over the last month. Additionally, the number of new addresses created for trading RNDR fell by 9% during this period. These trends highlight a diminishing investor interest and a reduction in demand for RNDR AI crypto in the current market climate.

Uniswap Wallet Collaborates with Transak to Boost DeFi Accessibility

Uniswap Labs has partnered with Transak to enhance user accessibility in the decentralized finance (DeFi) arena via the Uniswap wallet. This partnership allows users to buy cryptocurrencies directly within the Uniswap Wallet using various payment methods provided by Transak, including Apple Pay, Google Pay, and credit/debit cards.

This integration is active across 169+ countries and supports transactions across 5 networks, enabling over 1,900 trading pairs on Uniswap. This effort is designed to simplify the entry process for both new and experienced users worldwide, highlighting a shared dedication to expanding DeFi adoption.

BlockDAG’s X-Miner Series & Opportunities for Passive Income

BlockDAG has achieved an important milestone, selling over 8812 miner units and nearing an impressive $3.6 million in sales. Among the top cryptocurrencies, BlockDAG stands out with its innovative approach to generating passive income. The X Miner rigs, including the X10, X30, and X100, cater to both novice and experienced miners and have transformed the landscape.

A particularly notable model, the X10 Miner, provides exceptional profitability and technical excellence. Designed for beginner miners, the X10 mines up to 200 BDAG daily using just 40 watts of power. Its compact, home-friendly design ensures it can be easily incorporated into living spaces without disrupting daily life. The X10’s efficiency and minimal power usage make it ideal for those seeking a reliable passive income source.

BlockDAG’s miners offer more than profitability; they represent a vision of accessible and inclusive financial growth. With the presale now in its 19th batch, BlockDAG has raised $57.4 million, drawing investors eager to secure their share. The substantial daily profits, potentially reaching up to 30,000x ROI, promised by the X series miners have driven demand, solidifying them as a cornerstone of BlockDAG’s success. 

This commitment to providing accessible and lucrative passive income opportunities underscores BlockDAG’s rising reputation among the top cryptocurrencies. As the project progresses, early backers can anticipate their investments transforming into substantial assets, especially as BlockDAG expands its presence on major exchanges.

BlockDAG’s Path to Passive Income

As BlockDAG continues to redefine passive income through its X series miners, the cryptocurrency market enters a transformative phase. The success of BlockDAG’s presale, which has raised $57.4 million, highlights its increasing attractiveness to investors seeking dependable returns. Meanwhile, RNDR AI crypto and Uniswap wallet navigate evolving market dynamics, reflecting wider trends in investor confidence and DeFi accessibility. 

BlockDAG’s dedication to innovation and inclusivity positions it favorably among top cryptocurrencies, ensuring ongoing growth and value creation for early adopters. As these platforms evolve and integrate new technologies, the challenge remains in providing investors with a path to a more accessible and profitable financial future.

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 Investor Move From RNDR & Uniswap To BlockDAG’s Mining Magic After Selling Over 8800+ Units  appeared first on Crypto News Land.

XRP shows one of the tightest monthly Bollinger Band squeezes, hinting at a significant price movement.

Despite a 24.68% decline in 2024, major XRP investors are accumulating, showing confidence in its long-term potential.

A precedent-setting legal win in SEC vs Ripple may clarify XRP’s regulatory status and impact future cases.

XRP is currently experiencing one of the tightest monthly Bollinger Band squeezes in its history, signaling a potential for significant price movement. Historically, such squeezes have preceded substantial price increases, with a notable 60,000% surge following a similar pattern in the past.

$XRP has one of the tightest monthly Bollinger Band squeezes in its history and in all of crypto right now. The last time it squeezed like that it shot up 60,000% pic.twitter.com/WU1fspKkwz

— The Great Mattsby (@matthughes13) July 11, 2024

Performance in 2024

Since the beginning of 2024, XRP’s performance has been slow. In January, XRP traded above $0.60 but quickly fell below key psychological levels of $0.60 and $0.50. As of now, XRP has declined by 24.68% from the start of the year, contrasting sharply with the performance of other major cryptocurrencies. Bitcoin, for instance, has risen by 41% in 2024, while Ether has seen a 43.6% increase.

Despite these declines, major investors continue to show confidence in XRP. The number of addresses holding large amounts of XRP is growing, indicating ongoing accumulation. This suggests that investors believe in the long-term potential of the cryptocurrency, even amid short-term price drops.

Technical Analysis

A recent candlestick chart of the XRP/USD trading pair on the Bitstamp exchange provides insights into its price action. The chart, set on a 1-month timeframe, shows volatility over time, with periods of sharp increases followed by corrections. 

A major price spike is visible in the middle of the chart, where the price surged dramatically before retracing. Despite these fluctuations, the overall trend appears upward.

Source: @matthughes13 on X

At press time, XRP was trading at $0.4461, with the price positioned above both the shorter-term and longer-term moving averages, typically considered a bullish sign. Volume bars at the bottom of the chart show higher volumes coinciding with major price movements.

Legal Developments

A recent legal development has also impacted XRP’s outlook. In the SEC v. Ripple case, Judge Analisa Torres’s decision on XRP has been recognized as a precedent, potentially clarifying the future legal classification of XRP. This decision could set a standard for similar cases, providing a clearer regulatory environment for the cryptocurrency.

While XRP has faced a challenging start to 2024, the ongoing accumulation by major investors and the tight Bollinger Band squeeze suggest potential for price movement. The recent legal victory further solidifies XRP’s position, indicating a possible favorable outcome in its regulatory status. Investors will be watching closely to see how these factors influence XRP’s future performance.

Read also

Amp Skyrockets 175% in Parabolic Surge: Short Squeeze or Market Mania?

XRP Surges to $0.545: Unexpected Rally Ignites Excitement

Dogecoin: Expert Predicts Upward Surge Amidst Tight Trading Zone

Bitcoin’s Bollinger Bands Tighten to Extreme Conditions: A Historic Low

Popular Crypto Analyst Projects Bitcoin’s Price Trajectory, Major Pivot Ahead

The post XRP Faces Tight Monthly Bollinger Band Squeeze That Once Led to 60,000 Price Surge appeared first on Crypto News Land.

The cryptocurrency market has taken an unexpected turn in 2024. Although the market rallied at the Ethereum ETF news, the current conditions of the crypto market have not allowed for a sustained pump, and sell-offs have become the norm. Lido and Ethena, in particular, have faced significant struggles. As a result, many Lido and Ethena holders are turning to one of the few projects that have been thriving during this recent downturn: the crypto casino Rollblock

Rollblock has made waves in the online gambling sphere as it offers some of the highest APY on the market and closes the gap between DeFi and TradFi gaming. By leveraging these features it’s set to disrupt the online casino industry, currently worth $450 billion.

Lido Facing A Recovery After Major Sell-Off, But For How Long?

Lido ($LDO) is the major Ethereum-based liquid staking solutions protocol, controlling over 27% of all staked $ETH. While Lido’s fundamentals are incredibly strong and its value it’s set to reach new peaks as the cycle progresses, Lido’s bullish momentum has been cut short amidst the recent market turbulence.

Lido’s price fell by nearly 56% since it reached a local top of $3.60 in January, plummeting all the way down to $1.56. In the past 24 hours it experienced a sharp but modest recovery that saw Lido regain the $1.67 mark. But so far, there is no indication that this level will be sustained for much longer.

Ethena Launch Troubled By Market Downturn

Ethena is a new promising DeFi protocol, running on the Ethereum blockchain. In April 2024 it released its native token $ENA via airdrop to the holders of their synthetic dollar USDe.

At the time of launch the Ethena token ($ENA) traded at $0.64, with Ethena quickly rising to $1.46 in the following days, promptly catching the interest of investors. The current market conditions, however, are far from ideal and a capitulation followed shortly after. Ethena’s valuation crashed by a whopping 72% with the price bottoming at $0.40 and as a result some experts believe that Ethena could crash to 0. 

Rollblock Shows Impressive Strength As Crypto Prices Are In A Freefall

While established crypto projects are seeing steep price drops, $RBLK, the native token of the crypto casino Rollblock, is thriving. Mainly thanks to the robust fundamentals set in place by the company before its release, it’s worth noting that the casino is already generating revenue. Rollblock’s domination of the space is just starting, as it’s set to revolutionize the online gambling sphere, offering a vast array of innovative solutions.

 Its first move is to address issues of transparency and trust that have plagued the online casino industry for years. It does this by leveraging blockchain technology, as it provides a high degree of security and virtually removes the possibility of foul play. Moreover, there is no KYC form to be filled, users can start playing immediately by connecting their wallet or signing up via email.

The $RBLK token plays a crucial role in the framework of the casino, not just as an asset that can be traded externally, but also as a key component for the generous reward system. On a weekly basis Rollblock will use 30% of the profits generated on the platform to buy back the token on the open market. 

As time progresses, this could mean millions of dollars worth of $RBLK bought by the casino, and this is where things get interesting. Half of this amount will be burned forever, strengthening the liquidity pool and making the token deflationary, which will lead to sustained long term price growth. The other half will be distributed to holders as staking rewards, with one of the highest APY in the crypto sphere.

At the time of writing, the $RBLK presale is live and currently in stage 3. Despite the market’s bearish sentiment, the price has already increased by 54%, now sitting at $0.0154. Analysts predict another 100% increase in the coming days as momentum steadily builds. Taking all these factors into account, experts believe that $RBLK could see a 100x price multiplier when the trend flips positive and bears capitulate. This means there has never been a better time to start stacking up on $RBLK!

Become part of the crypto casino revolution and discover the exciting opportunities of the Rollblock presale now!

Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino 

The post Rollblock Set To 2x In July As Nearly All Other Ethereum Tokens Like LDO and ENA Capitulate appeared first on Crypto News Land.

Significant liquidation events of Optimism and optimistic forecasts for Cardano’s (ADA) future price trends have garnered much attention, as have recent developments in the cryptocurrency market. In this dynamic landscape, BlockDAG stands out with its bold projection of hitting $30 by 2030.

In contrast to the volatile conditions affecting Optimism and Cardano, BlockDAG has demonstrated consistent promise, buoyed by its successful presale, which raised over $57.4 million. This success fuels BlockDAG’s ambitious price target of $30 by 2030. Alongside the innovative X10 Miner, offering efficient mining capabilities, BlockDAG presents a lucrative opportunity for investors seeking promising crypto assets.

Optimism Liquidation: Assessing Token Unlocks

Optimism (OP) faces imminent liquidations due to upcoming token unlocks. These unlocks are set to release approximately $118 million worth of coins into circulation, potentially exerting downward pressure on prices. The unlocking will involve 31.34 million OP tokens, constituting 2.88% of the circulating supply, valued at about $56.73 million.

This influx of tokens could negatively influence market sentiment, considering OP’s current price of $1.83. Market participants closely monitor these developments to see if they impact tokenomics.

Cardano Price Forecast: Analysing Market Trends

Cardano (ADA) has attracted attention due to its potential price movements. Analysts note similarities between ADA’s market behaviour and patterns observed in other cryptocurrencies. Presently, ADA has retraced to around $0.40 but remains resilient. Historical trends indicate ADA tends to reach oversold conditions around halving events, followed by recovery periods.

These cycles suggest ADA might consolidate at current levels before potentially rallying upward. Understanding these market dynamics and leveraging historical data could inform effective investment strategies, indicating a bullish outlook for Cardano.

BlockDAG Excels with X10 Miner & $30 Projection

BlockDAG continues to make significant strides in the crypto sphere, aiming to achieve $30 per coin by 2030. This projection is bolstered by the success of its presale, which raised $57.4 million by selling over 12 billion BDAG coins, marking an impressive 1300% price increase from initial to current presale batches.

As BlockDAG approaches its 45th presale phase, experts foresee potential returns of up to 30,000x, establishing a robust foundation for substantial gains. This growth trajectory and robust community support position BlockDAG as a standout investment opportunity.

BlockDAG’s innovation extends to the X10 Miner, a compact device for efficient crypto mining. Capable of mining up to 200 BDAG coins daily, the X10 Miner is tailored for home use and comparable in size to a Wi-Fi extender. With a hash rate of 100 MH/s and a power consumption of just 40 watts, the X10 Miner blends energy efficiency with profitability. This device simplifies mining operations while offering scalability and upgrade options for expanding mining activities.

The profitability of the X10 Miner becomes especially compelling in light of BlockDAG’s projected coin value. At an anticipated $30 per BDAG by 2030, the X10 Miner could generate daily earnings of up to $6000, underscoring its appeal for investors seeking passive income in the evolving crypto landscape.

Final Thought

Amidst the challenges posed by Optimism’s liquidation and uncertainties surrounding Cardano’s price forecasts, BlockDAG emerges as a promising investment opportunity. 

Its ambitious target of $30 per coin by 2030, combined with the success of its presale and innovative mining technology, highlights BlockDAG’s potential for significant returns. This success story and promising ROI potential make BlockDAG a compelling choice for investors looking to participate in the journey towards substantial wealth creation in the crypto market.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

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

The post BlockDAG Aims For $30 by 2030 as Cardano Price Forecast Remains Uncertain Amid Optimism Liquidation News appeared first on Crypto News Land.

Kraken becomes the official partner of Spanish football giants Atletico Madrid.

The Kraken logo is set to be sewn on shirts for both the men’s and the women’s teams of Atletico Madrid beginning with the 2024/25 season.

Kraken and Atletico Madrid partnership to provide fans with better experiences both on and off the field.

Kraken, one of the world’s leading cryptocurrency trading platforms, has entered a sponsorship deal with one of Europe’s top football clubs Atletico Madrid. Atletico Madrid men’s and women’s team shirts beginning from the 2024/25 season will have Kraken’s logo on the sleeves. 

This partnership will seek to merge the football industry and cryptocurrency in a way that will increase the fun of every fan, both as a player and a shareholder.

The partnership’s potential was highlighted by Kraken Chief Marketing Officer Mayur Gupta, who said, “Kraken and Atlético Madrid think cryptocurrencies and football can revolutionize lives. We are honored to work with an esteemed club that places a high importance on methodical procedures. We’re thrilled to work with Atlético Madrid to spread awareness of cryptocurrencies’ real potential after nearly 13 years of building trust.”

We are excited to announce our partnership with @Atleti!Together, we are advancing crypto adoption both on and off the pitch. Starting from the 2024/25 season, our logo will proudly appear on the sleeves of Atletico Madrid's playing kits. pic.twitter.com/IJKiLhf5dl

— Kraken Exchange (@krakenfx) July 10, 2024

Moreover, Óscar Mayo, Atletico Madrid’s Chief Revenue and Operating Officer, emphasized this topic underlining the importance of technology. He said, “We at Atletico Madrid always endeavor to be innovative, and the use of technology is very important to us. That is why Kraken is our partner of choice since we believe that the partnership will extend a digital touch or feel beyond the stadium experience that is accorded by the matches to the fans.”

The integration of web3 technologies and cryptocurrencies will allow Atletico Madrid’s supporters to take part in exclusive projects like blockchain-based initiatives, live auctions during games, and outreach campaigns that link the club’s enormous international fan base. The idea is to provide the fans with the additional facility to learn more about cryptocurrencies and deepen their experience of team support.

Kraken wants to involve as many people as possible in digital currencies by leveraging Atletico Madrid’s extensive worldwide reach and fan base. Through a full digital experience that goes beyond usual match-day engagements, the partnership will enable fans to learn about and enjoy the advantages of cryptocurrencies.

Read Also:

SEMPSA JP, LBMA Good Delivery Refinery Launches Tokenized Gold and Silver on the Blockchain in Partnership with Aurus

Crypto.com Secures VASP Registration in Spain, Expanding Its European Presence

Spain Mulls Over Blockchain Use for Mortgage Payments, Insurance

Kraken Eyes U.S.-Listed Stock and ETF Trading Launch by 2024

SEC Charges Kraken for Alleged Violations, Kraken Vows to Defend Position

The post Kraken and Atletico Madrid Team Up For Crypto Adoption Among Spanish Football Fans appeared first on Crypto News Land.

The crypto market is calm ahead and awaiting the next bull run. Altcoins are still at lows, ready to explode at any moment. Investors are eagerly watching for signs of the next big surge. Some cryptocurrencies stand out with potential for a 1000% return on investment (ROI). These digital assets are poised for significant growth. With volatility as a hallmark of the market, timing and choice are crucial. Discover which coins are primed for remarkable gains in this must-read article.

BlastUP Releases Blastbox V2: a Treasure Trove Full of Perks

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

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

Discover the Full Potential of Blastbox V2

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

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

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

Celestia (TIA) Shows Resilience Amid Market Swings, Eyes $7.33 Target

Celestia (TIA) is showing hopeful signs, sitting in the $4.08-$6.21 range. Its recent 1-week price surge of over 31% suggests a potential reversal despite a rocky month. Bulls appear to have some strength as TIA approaches its nearest resistance level of $7.33. Breaking past this could open doors to the next resistance at $9.46, a potential upside of over 50% from current levels. With a Relative Strength Index of 52 and steady MACD levels, Celestia holds promise. Eyes are on the $6.99 10-day simple moving average, which, if surpassed, could indicate stronger bullish momentum ahead.

JasmyCoin Rally: Bulls Poised to Surge Despite Recent Dips

JasmyCoin has shown resilience, currently trading between $0.0180 and $0.0292. Its price recently dipped, with a 1-week change of about -1%, yet over six months, it’s up an impressive 361%. Bulls might soon take charge, eyeing the first resistance at $0.0354, a rise of over 25%. If momentum builds, the second resistance level of $0.0465 could be next, representing a 60% jump from current levels. With bullish signs from moving averages and RSI at a neutral 54.73, JasmyCoin shows the potential for significant gains in this anticipated altcoin season.

Sei (SEI) Poised for Growth Amidst Market Fluctuations, Bulls Could Make a Comeback

Sei (SEI) is showing promising signs despite recent market dumps. Currently trading between $0.22 and $0.32, bulls are taking cautious steps with slight underperformance. The RSI is at 47.53 and the MACD level is -0.001, hinting at potential upward momentum. With resistance at $0.39 and stronger resistance around $0.50, a break above these levels could see a price rise of up to fifty percent from current highs. Support at $0.18 provides a safety net, suggesting a stable base. If bulls gain strength, SEI could soar, echoing positive repeats from 2021’s altcoin season.

Conclusion

TIA, JASMY, and SEI show solid long-term promise but have less short-term potential. BLASTUP stands out with the highest growth potential. Its concept is innovative and being part of the Blast ecosystem strengthens its chances of success. This makes BLASTUP a standout option for those looking for high returns. The project’s foundation provides a unique advantage in the current market.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

The post Top Cryptocurrencies with 1000% ROI Potential appeared first on Crypto News Land.