The crypto community is on the edge of its seats as the long-awaited BlockDAG development story is all set to be released. Fans are now counting the days for this in-depth exploration of BlockDAG’s journey, scheduled for August 22nd. This excitement has driven presale numbers to $57.6 million, showcasing high investor interest and making it the best crypto presale in 2024. 

Meanwhile, Polkadot (DOT) has shown a significant upward trend over the past year, with analysts predicting further growth. Additionally, Cardano (ADA) has stepped into the gaming industry with “Chronoshot,” a sci-fi game utilising Cardano-based NFTs, marking another notable milestone for the blockchain.

Polkadot Price Recovery Gains Momentum

Polkadot (DOT) has recently shown a strong upward trend, with its price rising by over 10% in the last year, according to CoinMarketCap. Market expert AMCrypto predicts a positive divergence, forecasting a price breakout above significant resistance to $8. Technical analysis supports this, with DOT trading above its 100- and 200-day moving averages and 17 technical indicators in the green. Analysts project that by the end of Q3 2024, Polkadot’s price could reach $8.48, driven by these bullish indicators and market momentum.

Cardano Enters Gaming Space with New Milestone

Cardano (ADA) has expanded into the gaming industry with the introduction of “Chronoshot,” a sci-fi shooting game powered by the Cardano blockchain. Now available for wishlisting on the Epic Games Store, the game is in early access and features two single-player modes. 

This game requires the creation of a free RFLXT account to play. With the use of dynamic Cardano-based non-fungible tokens (NFTs), the platform enables characters to level up as well. The full launch, including multiplayer functionality, is expected later this year. 

BlockDAG to Premier its BTS Development Documentary  

BlockDAG will reveal its journey to the public through a documentary to be released on the 22nd of August. This distinctive event has generated immense excitement, driving its top crypto presale to $57.6 million, strengthening BlockDAG’s position as the next crypto bull run. The overwhelming buzz surrounding the documentary has significantly impacted the market, amplifying investor interest and confidence in BlockDAG’s innovative blockchain technology.

The documentary aims to enlighten the enthusiastic BlockDAG community and investors. It will delve deep into the developmental milestones and visionary ideas that have shaped BlockDAG, providing an unprecedented look into the project’s evolution. The film promises to offer valuable insights, showcasing the dedication and expertise of the team behind this crypto phenomenon.

Furthermore, the documentary is expected to draw the attention of potential new investors, generating fresh engagements within the crypto market. By meticulously detailing BlockDAG’s development story, the film will bring up its significance and market leadership, sparking further interest and investment. 

As the release date of the documentary approaches, excitement is swelling within the BlockDAG and crypto community. The community has been awaiting this in-depth exploration of their favoured crypto project since day one. 

BlockDAG has been impressing its community with its innovative tech; especially its one-of-a-kind transaction speeds of 10,000-15,000 TPS, which surpasses many traditional cryptocurrencies. The BDAG coins enable direct peer-to-peer (P2P) transactions within the ecosystem, that allow users to transfer funds seamlessly and securely, bypassing intermediaries. This feature enhances the efficiency and decentralisation of the network, ensuring a superior user experience.

Countdown to Innovation!

The upcoming documentary will provide an in-depth look at BlockDAG‘s development, covering its milestones, innovations, and the team behind the project. This detailed exploration will enhance community understanding and attract new investors. 

As the premiere approaches, the BlockDAG community has marked the date, and this huge excitement is driving presale figures over $57.6 million. While Polkadot and Cardano have notable developments, the fever surrounding BlockDAG’s documentary truly sets it apart, highlighting its significant position on the next crypto bull run. 

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 Behind the Code: BlockDAG’s Documentary Reveals All on Aug 22 as Presale Hits $57.6M! Polkadot & Cardano Take A Backseat appeared first on Crypto News Land.

In the dynamic cryptocurrency landscape, where Ethereum’s downturn signals market uncertainty and BlockDAG’s rise echoes a giant’s steps, MOONHOP carves out its legend as the premier meme coin ICO. Amidst the turbulence of Ethereum and the victories of BlockDAG, MOONHOP ($MHOP) joyously springs forth, ushering a vibrant community of visionaries towards economic independence. Envision a world where joyful bunnies aim for celestial heights, lighting the way through the market’s chaos.

Ethereum’s Market Dynamics and ETF Impact Exploration

The current market for Ethereum is heavily influenced by sellers, pushing prices down from $3,439 to $2,875, a sharp decline of 16.3% this week and over 24.1% in the past month. This pattern mirrors the initial impact seen in Bitcoin’s market following ETF approvals, pointing to a potential rebound for Ethereum after its recent ETF endorsement. Despite initial post-ETF instability, Bitcoin’s value rose significantly within a month, hinting at a similar potential upturn for Ethereum.

BlockDAG: The Ascending Crypto Behemoth

BlockDAG has transitioned from a promising presale to a powerhouse in the cryptocurrency sector, similar to Bitcoin’s historical ascent. By integrating Block and DAG technologies, it transcends conventional blockchain limitations, providing fast scalability and strong security. This innovation draws investors and miners alike, with daily contributions approaching $5 million. 

High-profile global events in cities like Tokyo, Las Vegas, and London have solidified its community base. The release of DAGPaperV2 in Las Vegas ignited investor enthusiasm, amassing $57 million and propelling its valuation by 1300%. As the Mainnet launch looms, BlockDAG stands on the brink of delivering significant returns, reminiscent of Bitcoin’s early triumphs.

MOONHOP: The Odyssey for Financial Liberation

MOONHOP beckons one and all to an economic adventure where each jump signifies a step towards prosperity. It’s more than just a cryptocurrency; it’s a bustling hub known as The Fluffle, where beginners and experts alike gather. Our mission? To forge an environment brimming with joy and camaraderie, making every member feel part of something magical.

The saga begins with an enticing presale, inviting participants to secure tokens at initial bargain prices. What follows is a whirlwind of community engagement, strategic marketing, and essential exchange listings. With a tokenomic structure designed for fairness, prices increment from $0.01 to $0.50 through fifty stages, rewarding early supporters.

The funds raised are reinvested into enhancing the platform, expanding marketing efforts, boosting liquidity, and covering operational costs. Join us on this boundless journey, where each leap counts. Dive into Moonhop’s collective dream of financial freedom and soar to new heights together.

MOONHOP presale is off to a roaring start, having already collected $916,000 in stage 1 at just $0.01 per coin. With only a few remaining coins, now is the time to jump aboard and aim for up to 10x returns.

MOONHOP: The Promising Horizon in Meme Coin Investments

As the meme coin sector evolves, MOONHOP distinguishes itself among traders as another Dogecoin rival and a pioneer of innovation. While PlayDoge revives cherished memories and Solciety leverages political movements, MOONHOP offers a unique, community-focused experience starting at a strategic $0.01 presale price. This opportune entry point positions MOONHOP as an appealing investment prospect in the rapidly growing meme coin field.

Join MOONHOP Presale Now:

Website: MOONHOP.io

Presale: https://MOONHOP.io/buy

Twitter: https://twitter.com/MOONHOPcoinTelegram: https://t.me/MOONHOPcoin

The post Launch Alert: MOONHOP’s Presale Ready to Eclipse Dogecoin Competitors & Steal Solciety’s Spotlight appeared first on Crypto News Land.

Amidst fluctuating market and regulatory hurdles, the price of the OKB token, linked to the expansion of OKEx, sees variability. Concurrently, predictions about the Cosmos have reached overly optimistic levels, with some expecting significant increases. Amidst these unstable market stories, BlockDAG offers a promising outlook for investors and miners, especially with its recent presale, showcasing a stunning 1,300% increase in value. 

The spotlight in crypto circles shines brightly on its ASIC-equipped X100 mining device, capable of producing 2,000 BDAG coins daily. At launch this year, it’s set to yield $100 daily for miners, with projections reaching an incredible $20,000 daily by 2025.

Cosmos Price: ATOM Confronts Downward Trends

The Cosmos (ATOM) impresses with forecasts predicting a climb to $14.5 by 2024, should the market bulls prevail. Despite its past peaks, current market downturns have it grappling with a decline, stabilizing at a $6.6 support level. 

Given these continuous downward trends, the market’s volatile nature advises a cautious stance, highlighting the fragile line between support levels and potential future resistances. As Cosmos prepares for potential upswings, the focus remains on its ability to maintain momentum amidst the unpredictable forces of market dynamics and investor perceptions.

OKB Token: On the Crypto Edge

OKB, rooted in the OK Blockchain Foundation and primarily used to reduce trading fees on OKEx, draws its value from practical utilities. As an ERC-20 token and the core currency of the relatively modest OKExChain, OKB’s demand is boosted by its link to the fast-growing OKEx, now the world’s second-largest exchange. 

This expansion is propelled further by strategies to rebrand in the U.S. market to increase its presence. Nevertheless, OKB finds itself navigating the treacherous waters of regulatory scrutiny and market fluctuations, marking its path as a risky yet potentially rewarding venture within the volatile crypto realm.

BlockDAG’s $20,000/Day Prediction for 2025: Optimizing Mining Prospects

BlockDAG’s X100 Miner stands out as a crucial tool for dedicated cryptocurrency miners. Boasting a 2 TH/s hash rate and consuming 1800W, this robust machine is engineered to produce 2,000 BDAG coins daily. With BlockDAG’s anticipated initial launch price of $0.05, the formidable X100 Miner is expected to generate $100 in daily income for miners. 

Additionally, with the crypto’s price anticipated to jump from the current $0.014 to $10 by 2025, daily earnings could soar to $20,000. The X100 not only offers immense power but also incorporates cutting-edge ASIC technology, enhancing computational efficiency and energy usage, making it not only powerful but also a model of high-tech and eco-friendly mining. This machine perfectly combines high performance with energy efficiency, ensuring it fits seamlessly into various operational settings with minimal noise disruption.

BlockDAG’s dedication to high-efficiency mining extends beyond power. Its X Series ASIC Miners are designed with power supplies that surpass their energy requirements, improving cooling, efficiency, and longevity. Its ASIC technology also ensures these miners operate at optimal temperatures, delivering unparalleled performance. 

Moreover, BlockDAG leads in environmentally friendly mining, employing a method that drastically reduces the environmental toll of traditional mining operations. The crypto community is not just impressed by BlockDAG’s mining solutions but also by its impressive presale achievements. With an initial price of $0.001 in batch 1, BDAG’s price has escalated to $0.014 in batch 19, with the platform having amassed over $56.8 million, selling more than 12 billion coins and over 8,700 miners.

Conclusion

Both the OKB token price and Cosmos predictions indicate potential high rewards in this dynamic crypto landscape. However, BlockDAG remains a standout with consistent and substantial gains for its stakeholders. Having soared by 1,300% across 19 presale batches, it has sparked a significant buzz among investors and miners. 

The X100 Miner, combining sheer power with sustainable practices, is not just a mining tool but a gateway to substantial future earnings, with current daily profits of up to $100, potentially escalating to $20,000 by 2025.

Invest in the BlockDAG Presale Now:

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetwork

Discord: https://discord.gg/Q7BxghMVyu

The post Launch Day Loot: Rake in $100 Daily with BlockDAG’s X100 Miner! Plus, OKB Token Grows & Cosmos Forecasts Go Wild appeared first on Crypto News Land.

Shiba Inu leaders reveal plans for a $1 trillion decentralized economy.

Kusama and Dhairya address identity rumors and outline SHIB’s future.

SHIB aims to bridge Web2 and Web3 and expand its global presence.

Shiba Inu leaders Shytoshi Kusama and Kaal Dhairya have finally broken their silence. The duo shared their vision for the future of Shiba Inu (SHIB) and addressed various speculations surrounding their identities and plans.

EXCLUSIVE: $SHIB leaders @ShytoshiKusama and @kaaldhairya sit down for first public interview, discuss the future for the meme coin, anonymity, and creating a 'social states.': https://t.co/7okYZntuXY @Shibtoken #SHIB

— ArabianBusiness.com (@ArabianBusiness) July 12, 2024

Shytoshi Kusama, the enigmatic head of the Shiba Inu ecosystem, has long been a figure of mystery. Many speculated that he might be Elon Musk due to his cryptic messages and significant influence. 

However, Kusama dispelled these rumors, expressing his desire to meet Musk and demonstrate the true potential of SHIB. Kusama’s and Dhairya’s interview revealed their ambitious plans for SHIB. 

They aim to transform it into the first decentralized economy worth one trillion dollars. This vision aligns with the original ideas of Shiba Inu’s founder who envisioned a fervent decentralized community on Web3. 

Kusama believes that SHIB will bridge the gap between Web2 and Web3, even though less than 5% of the global population is currently invested in cryptocurrency. The interview also highlighted the duo’s strategies for SHIB’s long-term growth. 

They plan to introduce new use cases for Shibarium, the blockchain platform for Shiba Inu, and implement measures to burn excess SHIB supply. These steps are designed to enhance the utility and value of the meme coin.

Kusama’s recent trip to India was another focal point of the interview. During his visit, he attended several conferences and met with key figures in the crypto community. 

This trip was part of a broader effort to expand SHIB’s presence and influence globally. Kusama’s appearances in Japan have also garnered significant attention.

The debut interview of Shytoshi Kusama and Kaal Dhairya has provided a rare glimpse into the minds behind Shiba Inu. Their ambitious plans and commitment to anonymity continue to intrigue and inspire the crypto community.

Read Also 

SHIB’s Shytoshi Kusama Responds to Vitalik Buterin’s Critique

Shytoshi Kusama Unveils Shibarium’s Upgraded Feature

Shiba Inu’s Cryptic Reveal: Decoding Shytoshi’s Tease on Twitter X

Shytoshi Kusama Appears at IVS 2024, Discusses Shiba Inu’s Future and Web3 Potential

Terra’s CEO Do Kwon Now Accepts Interview Since Terra Luna’s Collapse

The post Shiba Inu Leaders Share Deep SHIB Insights in Exclusive Debut Interview appeared first on Crypto News Land.

BC.GAME, a major player in the world of iGaming, and Leicester City Football Club, one of the Premier League’s leading football teams, have signed a groundbreaking deal worth $40 million. This collaboration marks an important milestone for both parties and paves the way for BC.GAME will expand its global footprint by bringing exciting gaming experiences to fans around the world.

Strategic partnership: A new age for Leicester City and BC.GAME

This strategic partnership aims to boost BC.GAME’s global presence significantly from August 2024 through May 2026. Leicester City, celebrated for its 2016 Premier League win and 2021 FA Cup victory, brings a rich heritage and a legion of dedicated fans to the table. Susan Whelan, CEO of Leicester City, expressed excitement about partnering with BC.GAME, highlighting the synergy between Leicester City’s footballing excellence and BC.GAME’s industry-leading iGaming solutions.

Football meets iGaming: The future with Leicester City and BC.GAME 

The partnership will feature the BC.GAME logo on Leicester City’s men’s first team and adult replica shirts for the 2024/25 season, showcasing the collaboration prominently. In addition, the presentation of the LCFC Women’s Super League 2024/25 home shirt and its leading partner is scheduled for 20 July, just before the Barclays Women’s Super League season.

Exclusive Opportunities For Fans: Using $BC Tokens to Improve the Experience

Central to this partnership is the integration of $BC tokens, BC.GAME’s proprietary token, offers fans unique opportunities and benefits. From in-game purchases to access to exclusive features, $BC tokens aim to enrich the fan experience significantly. The collaboration plans to support $BC through various marketing initiatives, including community airdrops and liquidity mining, providing both stability and exciting rewards for early supporters.

About BC.GAME

Founded in 2017, BC.GAME is a community-driven online crypto casino that blends a sportsbook, online casino, and lottery into a seamless experience. BC.GAME stands at the forefront of the iGaming revolution, using blockchain technology to ensure fairness and security. Through strategic partnerships like the one with Leicester City Football Club, BC.GAME continues to push the boundaries of online gaming and sports.

Stay connected with BC.GAME for more updates on this thrilling partnership through BC.GAME’s official social media channels:

Twitter: @BCGameOfficial

Telegram: BCGameOfficial

Instagram: @bc.gameFacebook: BC.GameOfficial

The post BC.GAME and Leicester City $40M Partnership – A Historic Event for the Worlds of iGaming and Football appeared first on Crypto News Land.

The crypto market is experiencing a period of calm, with investors watching closely for the next big surge. It is a time of anticipation, as altcoins remain at low prices, poised for potential explosive growth. As the market awaits the impending bull run, curiosity is building about which altcoins could deliver massive returns. This article delves into the coins that are ready to shine this summer, offering insights into those with the most significant upside potential.

BlastUP Unveils Blastbox V2: A Goldmine of Benefits for Early Investors

BlastUP, the premier launchpad on the Blast blockchain, has unveiled Blastbox V2, fresh on the heels of an $8 million presale success. This launch offers investors another chance to get $BLASTUP tokens at presale prices, loaded with a host of perks including $BLASTUP tokens and Booster Points. As experts forecast potential returns of up to 1000%, early acquisition of BLASTUP tokens could prove to be a savvy investment.

Blastbox V2 is a gateway to exclusive privileges within the BlastUP ecosystem. Owners are set to enjoy benefits like NFT and token airdrops, membership in the exclusive BlastUP Club, and priority access to Initial DEX Offerings (IDOs).

Unlock the Full Potential of Blastbox V2

Securing a Blastbox V2 is the final opportunity to access BlastUP at the most advantageous price. The platform has already made a significant impact within the Blast blockchain, achieving 4 successful IDOs. 

For those on the hunt for the next big crypto opportunity, Blastbox V2 is the answer. With only 9999 units available at launch and packed with unparalleled utility, these limited-edition loot boxes are set to sell out swiftly.

Act Now: Secure Your Blastbox V2 Before They’re Sold Out!

Jupiter (JUP) Showing Signs of Strength Despite Price Correction

Jupiter (JUP) has witnessed some price correction lately, but the bulls are not out of the game yet. Currently trading between $0.52 and $0.98, JUP’s potential for growth remains strong. Despite a recent dip of over 21% in one month, it has shown an impressive 2336% increase over the past six months. The nearest resistance at $1.27 and second resistance at $1.74 offer solid targets. If the bulls rally, breaking past these levels could see JUP rise by nearly one hundred percent from its current range. The key support at $0.34 shows strong backing, making JUP a coin to watch.

Starknet Gains Momentum: Is a Bull Run Around the Corner?

Starknet (STRK) is currently trading between $0.43 and $0.68, showing signs of potential growth. Despite a recent dip of nearly fifty percent in the last month, bulls are starting to show some strength. The nearest resistance level is at $0.82, and the next significant resistance is at $1.06. With an RSI of 32.62 and a Stochastic of 8.60, the coin appears oversold and may bounce back soon. If STRK breaks through the nearest resistance, it could rise by over 20 percent in the short term. Long-term growth could see a 56 percent increase if it hits the second resistance level. Recent trends hint at promising gains similar to the past bull run patterns of 2021.

Uniswap (UNI) Gearing Up for Bullish Momentum Amid Market Volatility

Despite recent market dumps, Uniswap (UNI) shows signs of potential growth. It’s currently priced between $6.46 and $9.16, with key resistance at $10.69. The nearest support stands at $5.28. Its 6-month price has grown by over 17%, hinting at underlying strength. Although the past month saw a decline of over 13%, the coin’s weekly increase of nearly 2% indicates possible upward movement. If positive trends continue, UNI could rise to the next resistance at $13.39, representing a potential increase of over 50% from the lower end of the current price range. Market indicators like the RSI and MACD suggest the bulls may be gearing up for another run.

Mantle (MNT): Signs of a Comeback Amid Market Turmoil

Mantle (MNT) shows promising signs despite recent market drops. Trading within $0.54 to $0.76, the bulls may soon overpower the bears, with support sitting at $0.44 and resistance levels at $0.90 and $1.13. The price has climbed over the past week by more than three percent, hinting at potential growth. If momentum continues, MNT could surge past resistance, reaching $1.13 and beyond, potentially rising by about fifty percent from its current range. While recent months show a drop, positive patterns reminiscent of 2021 suggest a robust altcoin season is on the horizon for Mantle.

Conclusion

Although JUP, STRK, UNI, and MNT show promise for future gains, they may bring less immediate returns in the short term. Among the options available, BLASTUP stands out with the highest potential this summer. The project’s strong concept and its inclusion in the Blast ecosystem are key factors contributing to its appeal. BLASTUP’s innovative approach is expected to drive significant growth, making it a standout choice for potential investors looking for high returns this season.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

The post Altcoins with Massive Upside Potential This Summer appeared first on Crypto News Land.

The crypto market is currently experiencing a period of calm, poised and waiting for the next big bull run. Many altcoins are still at low prices, presenting an enticing opportunity for investors. With the potential for explosive growth, the timing couldn’t be better to consider buying. This article reveals which specific altcoins are on the brink of major gains and could yield significant profits when sold later. Discovering these hidden gems can provide an edge in the dynamic world of cryptocurrency. Optimism and anticipation are building, making now a prime moment to strategize for future success.

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!

Solana Poised for a Breakout Amid Positive Altcoin Patterns

Solana (SOL) is currently trading between $117.05 and $150.58, showing signs of potential growth. Although recent movements might suggest weakness, its 6-month price change of over 40% indicates strong underlying support. Bulls need to push past the resistance level of $169.47 to regain momentum. Rallies up to $203.00 could follow, representing a surge of nearly 70% from current lower prices. With the Relative Strength Index (RSI) at 35.60 and a positive weekly change of 5.50%, Solana seems ready for a breakout. This could be the beginning of another exciting altcoin season.

Jupiter (JUP) Showing Signs of Strength Despite Price Correction

Jupiter (JUP) has witnessed some price correction lately, but the bulls are not out of the game yet. Currently trading between $0.52 and $0.98, JUP’s potential for growth remains strong. Despite a recent dip of over 21% in one month, it has shown an impressive 2336% increase over the past six months. The nearest resistance at $1.27 and second resistance at $1.74 offer solid targets. If the bulls rally, breaking past these levels could see JUP rise by nearly one hundred percent from its current range. The key support at $0.34 shows strong backing, making JUP a coin to watch.

Ondo (ONDO) Poised for Growth Despite Recent Downturn

Ondo (ONDO) has shown resilience in a tough market, maintaining a price between $0.78 and $1.12. Despite a recent drop, with a one-week price change of -10.68% and a one-month price change of -27.03%, the coin’s six-month gain of nearly 3000% is impressive. With bulls and bears currently battling, the nearest resistance is at $1.35, while support sits at $0.66. The RSI shows the coin is oversold, indicating potential for a rise. If ONDO breaks through the $1.35 resistance, it could surge towards $1.69, representing a potential 80% increase from its current lower range. The market awaits a bull run, and ONDO could be a significant part of it.

Pyth Network Bulls Eye Major Resistance as Altcoin Season Dawns

Pyth Network (PYTH) has been moving in the range of $0.23 to $0.33, showing signs of a potential breakout. While the recent Bitcoin dump has impacted many tokens, PYTH’s price trends suggest stronger bulls. It’s nearing the nearest resistance level at $0.39, with eyes set on the second resistance at $0.49. A successful breach could mean gains of up to 50% from its current range. The RSI at 32.05 indicates it’s undervalued, with a stochastic of 13.47 hinting at oversold conditions. With the altcoin season on the horizon, PYTH has strong potential for growth.

Conclusion

SOL, JUP, ONDO, and PYTH have less potential in the short term. BLASTUP stands out because of its strong concept and integration within the Blast ecosystem. This project offers the highest potential for profits during the current bull run. This makes it a prime choice for those looking to capitalize on the market.

Site: https://blastup.io/

Twitter: https://twitter.com/Blastup_io

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

Telegram: https://t.me/blastup_io

The post Altcoins To Buy IMMEDIATELY & Sell Later For HUGE Profits! appeared first on Crypto News Land.

The cryptocurrency market remains quiet, patiently waiting for the next big surge. With many altcoins still trading at low prices, the potential for massive gains is on the horizon. The anticipation is building, and investors are on the lookout for the best opportunities. This article uncovers which altcoins are poised for significant growth. By identifying these key coins now, the potential for impressive returns becomes a real possibility. Curious about which altcoins to buy for future gains? Read on to discover the top picks ready to explode at any moment.

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

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

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

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

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

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

Pepe (PEPE) Shows Potential for Major Comeback Despite Recent Dump

Despite a sharp recent downturn, Pepe (PEPE) shows promise for a solid comeback. Currently trading between $0.0000066 and $0.0000112, it’s testing crucial support at $0.0000048. With a 6-month price surge of 586.51%, there’s room for optimism. The 10-day and 100-day moving averages suggest consolidation before a possible rise. Key resistance at $0.000014 could ignite a rally, and breaking $0.0000186 may see PEPE doubling its value. Although the RSI and Stochastic indicators show oversold conditions, this might just be the calm before the storm.

Bulls Show Strength as Sei (SEI) Eyes New Highs

Sei (SEI) is showing signs of a bullish run despite recent market corrections. Trading within a range of $0.22 to $0.32, SEI has already gained over 15% in the past week. The current resistance level is $0.39, while support is solid at $0.18. The coin’s next target is $0.50, which would be a dramatic rise from its current range. This surge could imply an upside of around 80%. Market indicators like RSI and Stochastic suggest a balanced momentum, but the bulls seem to have an edge as they push SEI upwards. Keep an eye on this coin as it has the potential to outperform and hit new levels.

Render (RNDR) Eyes Major Breakout Despite Recent Dip

Render (RNDR) is currently moving in a price range of around $5.39 to $7.65. Although it has seen a slight drop recently, bulls appear ready for a rally. The nearest resistance is at $8.93, followed by $11.20, which could signal a strong upward potential if breached. The support sits at $4.41, ensuring a safety net. With a 6-month price increase of nearly 50%, RNDR shows promise. If it breaks the resistance levels, the price could soar by over 50%. As crypto patterns repeat from 2021, an altcoin season may lift RNDR to new heights, providing a golden opportunity for optimistic investors.

Avalanche (AVAX) Eyes Bullish Rebound Amid Market Volatility

Avalanche (AVAX) is currently trading between $21.77 and $29.91, showing signs of potential growth despite recent market dips. Bulls seem to be gathering strength with the coin’s current price nearing its 10-day simple moving average of $25.32, and the crucial resistance level at $34.07 within reach. RSI is at 40.09, which indicates the coin is not overbought. If bullish momentum continues, AVAX could hit its second resistance level at $42.21, offering a significant potential rise of approximately 50%. With the market showing familiar patterns from 2021, AVAX might be poised for a strong recovery.

Conclusion

PEPE, SEI, RNDR, and AVAX may offer less potential in the short term. The main focus should be on CYBRO, a technologically advanced DeFi platform. CYBRO offers investors great opportunities to maximize their earnings through AI-powered yield aggregation on the Blast blockchain. With features such as lucrative staking rewards, exclusive airdrops, and cashback on purchases, CYBRO provides a superior user experience with seamless deposits and withdrawals. Emphasizing transparency, compliance, and quality, CYBRO is a promising project with strong interest from crypto whales and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Buy These Altcoins Now and Reap Massive Returns Later! appeared first on Crypto News Land.

Bitcoin’s ‘extreme fear’ index suggests a prime opportunity for accumulation.

Market fear signals potential undervaluation of Bitcoin, ideal for long-term investors.

Extreme fear in the Bitcoin market could mean it’s time to start accumulating.

Bitcoin has shown resilience over the past week, despite the fear and greed index plunging to ‘extreme fear’ for the first time since January 2023. The Fear and Greed index measures market sentiment. 

The Fear and Greed Index gauges market sentiment by analyzing factors like volatility, trading volume, and social media activity. This tool ranges from 0 (extreme fear) to 100 (extreme greed). 

Low scores suggest widespread fear, potentially signaling buying opportunities, while high scores indicate excessive greed, often preceding market corrections. Investors use this index to make more informed decisions by understanding current market emotions.

According to the ‘Fear and Greed index, many investors are gravitating toward ‘Fear’. Historically, periods of extreme fear have often been followed by significant price rebounds. That said, some analysts believe that this is the best time to accumulate BTC.

Bitcoin Index Signals 'Extreme Fear' – Perfect Time to Begin Accumulation? https://t.co/UGgJJno0bb

— Investing.com UK (@uk_investing) July 12, 2024

Factors Fuelling Fear Among BTC Investors 

The recent drop in the index is attributed to several factors. Firstly, the German government has been selling off large amounts of Bitcoin. 

Since June, they have transferred and sold a significant portion of their holdings, causing market instability. This week alone, Bitcoin tested the $54,300 level but managed to rebound, showing strong buyer presence.

Another factor contributing to the market’s fear is the looming repayments from Mt. Gox. The defunct exchange announced it would start repaying creditors, distributing approximately $9 billion in Bitcoin and Bitcoin Cash over the next three months. 

Despite these pressures, positive developments have helped prevent further declines in Bitcoin’s price. The U.S. inflation data showed a decline, leading to increased expectations that the Federal Reserve will cut interest rates in September. 

A shift to looser monetary policy could boost risky assets like Bitcoin by lowering dollar yields and credit costs. Bitcoin surged at the beginning of the year when a rate cut was anticipated but then declined as inflation rose and the Fed adjusted its outlook.

Read Also 

Bitcoin Fear and Greed Index Hits New Highs

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“$15 to $1000 Crypto Adventure: Daring Trader’s High-Stakes Journey!”

Crypto Investor Sentiment for Bitcoin (BTC) Drops to 30, ‘Fear’ — the Lowest in 18 Months

Bitcoin Drops Below $43K, Fear & Greed Index Neutral

The post Bitcoin Index Hits Extreme Fear, Time to Start Accumulating? appeared first on Crypto News Land.

The cryptocurrency market is calm ahead and awaiting the next bull run, setting the stage for a surge in altcoin values. Currently, many altcoins remain at affordable prices, waiting for a breakout moment. This creates a unique opportunity for investors to scoop up promising tokens at bargain rates. The intrigue lies in identifying which coins are poised for explosive growth soon. Below the 50-cent mark, several digital assets show strong potential. With their low entry price and solid fundamentals, these cryptos could see significant gains. The article will unveil the top altcoin picks under $0.50, ready to capture investor attention and deliver impressive returns.

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

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

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

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

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

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

Dogecoin Poised for Potential Comeback After Recent Market Turbulence

Despite recent dips, Dogecoin (DOGE) shows signs of resilience. Currently priced between $0.0889 and $0.124, it faces its nearest resistance at $0.1434. The coin’s Relative Strength Index (RSI) sits at 42.454, indicating it is neither overbought nor oversold. A simple moving average of around $0.1065 shows steady movement. DOGE has a monthly drop of about 23%, but a promising 31% growth in the last six months. Bulls may gain strength if it breaks the $0.1434 level, potentially reaching $0.1785 – a nearly 43% increase. Keep an eye on support at $0.0732, which could be a crucial defense line.

Notcoin Eyes Big Gains Despite Recent Dips, Bulls Gearing Up for a Rally

Notcoin (NOT) has been in a tight range of $0.01-$0.02, showing strength with a 34% rise over the past week. Despite short-term bearish indicators like an RSI below 40 and Stochastic at 24, long-term growth paints a bullish picture with a 650% increase over six months. The current price movements hint at consolidation and gearing for a move. If Notcoin breaks the $0.02 resistance, it might swiftly target $0.03, potentially surging by 100% from the current level.

Pepe (PEPE) Shows Potential for Major Comeback Despite Recent Dump

Despite a sharp recent downturn, Pepe (PEPE) shows promise for a solid comeback. Currently trading between $0.0000066 and $0.0000112, it’s testing crucial support at $0.0000048. With a 6-month price surge of 586.51%, there’s room for optimism. The 10-day and 100-day moving averages suggest consolidation before a possible rise. Key resistance at $0.000014 could ignite a rally, and breaking $0.0000186 may see PEPE doubling its value. Although the RSI and Stochastic indicators show oversold conditions, this might just be the calm before the storm.

Bulls Show Strength as Sei (SEI) Eyes New Highs

Sei (SEI) is showing signs of a bullish run despite recent market corrections. Trading within a range of $0.22 to $0.32, SEI has already gained over 15% in the past week. The current resistance level is $0.39, while support is solid at $0.18. The coin’s next target is $0.50, which would be a dramatic rise from its current range. This surge could imply an upside of around 80%. Market indicators like RSI and Stochastic suggest a balanced momentum, but the bulls seem to have an edge as they push SEI upwards. Keep an eye on this coin as it has the potential to outperform and hit new levels.

Conclusion

In the current bull run of 2024, DOGE, NOT, PEPE, and SEI show some short-term potential, but their gains may be limited. The real standout is CYBRO, a DeFi platform on the Blast blockchain. It offers top-notch features like AI-powered yield aggregation, lucrative staking rewards, cashback, and exclusive airdrops. Easy deposits and withdrawals ensure a smooth user experience. CYBRO is transparent, compliant, and high-quality, drawing strong interest from crypto whales and influencers. This positions CYBRO as a promising option for investors looking to maximize their earnings.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Top Altcoin Picks: Cryptos Under $0.50 Poised for Breakout appeared first on Crypto News Land.

K33 Research analysts have revealed compelling reasons why the ETH price is set to outperform Bitcoin (BTC), with Ethereum Spot ETFs in the hang. With the projected growth of the ETH price, ETFSwap (ETFS) has taken center stage as a low-entry investment for investors looking to capitalize on the coming rally before the launch of Ethereum Spot ETFs.

Ethereum Spot ETFs Set To Spur The ETH Price To New Heights

The launch of Ethereum Spot ETFs could see the ETH price outperforming Bitcoin (BTC) weeks after the crypto funds go live. Currently, the ETH price is underperforming relative to Bitcoin (BTC), but it’s fair to say that the largest cryptocurrency has had some upward price catalysts in the past several months until recently.

Bitcoin (BTC) is experiencing selling pressure as $8.5 billion worth of the cryptocurrency is returned to Mt. Gox creditors. The repayments started last week, and Bitcoin (BTC) has hit a bearish trend since then, even falling below crucial price support at $60,000.

As the events on Bitcoin (BTC) scare away investors, ETH has been the obvious choice ahead of the launch of Ethereum Spot ETFs. K33 Research analysts Lunde and David Zimmerman said in a July 2 report that the Ethereum Spot ETFs are a “golden egg” for Ethereum (ETH) price action and show bullish potential on the coin as Bitcoin (BTC) lags.

The analysts note that it’s reasonable to expect funny price action on the ETH price as with Bitcoin (BTC) following the launch of Bitcoin Spot ETFs. However, the ETH price should look to reach new highs, and investors target prices of around $10,000 as the hype continues to grow on Ethereum Spot ETFs.

The projected net inflows on the Ethereum Spot ETFs are solid catalysts for the ETH price, as we’ve seen on Bitcoin (BTC), and they pose a bullish outlook for the altcoin. In light of recent market trends, investors have also placed bets on a new ETF platform, ETFSwap (ETFS), to capitalize on growing market narratives.

ETFSwap (ETFS) Presents Shocking Prospects On Presale

ETFSwap (ETFS) is an emerging Ethereum-based platform that leverages the network for enhanced security, transparency, efficient trading, and its robust DeFi network. Early investors in the ETFSwap (ETFS) presale expect some bullish prospects for building on Ethereum (ETH) in addition to the impressive value capture on the platform.

ETFSwap (ETFS) offers decentralized trading and investment access to the ETF market. The new platform aims to democratize access to the ETF market and eliminate some of the limitations of trading the asset type on traditional markets. These include limited trading hours, limited conversions, KYC restrictions, and more.

With tokenized ETFs on the new ETFSwap (ETFS) platform, users can initiate faster settlements and crypto-to-ETF swaps, enjoy staking and lending opportunities, lower trading costs, and decentralized trading without providing KYC information. Also, ETFSwap (ETFS) emerges with an amazing user-friendly interface, an aspect that Web2-focused platforms bridging Web3 assets have struggled with.

Experts expect the hype on ETFSwap (ETFS) to continue growing amid the noise on Ethereum Spot ETFs and other crypto ETFs. The ongoing presale offers investors the best entry point and sets up massive profit at launch.

With the beta launch coming, early adopters look forward to platform testing and feedback review to help improve the new DeFi platform ahead of the main launch. Meanwhile, unique AI algorithms such as the ETF Screener and ETF Finder are some tools to look forward to on the platform. The tools are built to provide some recommendations to users based on big data analysis.

Conclusion

The growing bullish sentiment on ETFs has further bolstered the prospects for new platforms like ETFSwap (ETFS) to capitalize on the market narrative. The ongoing ETFSwap (ETFS) presale is a limited opportunity for investors to buy below market value and make massive profits from the coin’s profit margin.

You can buy in now for $0.01831 before the price increases to $0.03846 at the next presale stage.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

The post Ethereum Spot ETFs Launch: K33 Research Analysts Reveal Why ETH Price Will Outperform Bitcoin appeared first on Crypto News Land.

JasmyCoin gains the Information Security Management System (ISMS).

The Bitcoin of Japan continues to take massive leaps in the blockchain space.

The price of JASMY is expected to make a 2,259% price pmp in the coming months.

JasmyCoin (JASMY) gained recognition today from a published Optima Solutions article depicting the acquisition of the Information Security Management System (ISMS). The project known as the Bitcoin of Japan is also significantly known as a blockchain project that can project digital identity. 

Optima Solutions published an article about #Jasmy's acquisition of #ISMS.An ISMS "Information Security Management System" is a framework for managing the security of an organization's information assets. $JASMY will apply risk management processes to maintain the…

— HARA (@HARA_JasmyCFO) July 12, 2024

In detail, the ISMS is a framework for managing the security of an organization’s information assets. What JASMY does is that it applies the risk management processes that will maintain the information’s confidentiality, availability, and integrity providing long-term confidence for data security.

This technology is the reason why JASMY has been chosen to power Japan’s My Number Card initiative which will soon be integrated into Apple iPhones. Many JASMY enthusiasts also expect JASMY to be powering the EUID Wallet.

The sentiment for JASMY to make a sudden price pump is fueled by the project’s affiliation to Japan and its new forward movement in the crypto and tech realms. One of the most bullish moves from Japan is yet to be made. 

Specifically, Japan is about to have a bullish crypto month. It will host theTokyo Blockchain Leaders Summit 2024, the EDCON Ethereum Development Conference, and the ETH Tokyo Conference. Additionally, it will also host the Solana Super Tokyo event and the Webx Tokyo Conference. Many expect JASMY to make bullish announcements this month.  

To support this, the popular JASMY analyst and enthusiast Steph is Crypto reaffirms his belief that JASMY will hit $0.6 price. Although he does mention that this price goal will likely occur in 2025. He also observes that the JASMY price chart is halfway through the handle formation on its giant cup and handle pattern signaling bullish outbreaks soon. 

Ultimately, JASMY is still in a very bullish trend on the daily time frame. One analyst says that the price has returned to the dynamic support level and is well supported. Thus, if the JASMY price can return to $0.02580, sudden growth is likely to occur.

Read Also

Will JASMY Surpass the $1 Mark in 2024? Insights into JasmyCoin’s Future Growth

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$17 JASMY Price Might Arrive Sooner Than Expected as JasmyCoin Heads Towards an Epic Supply Shock

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

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

The post JASMY 2,550% Price Pump in Play as JasmyCoin’s Latest ISMS Acquisition Sets Project on Bullish Path appeared first on Crypto News Land.

CME Group plans to introduce real-time indices for XRP and ICP, updated every two seconds, with daily benchmark values at 4 p.m. UTC.

The inclusion of XRP and ICP highlights increasing institutional demand for reliable cryptocurrency benchmarks and transparent data.

Speculation about an XRP ETF grows, supported by Garlinghouse’s claim of its inevitability and recent advances in trustworthy benchmark rates.

Ripple CEO Brad Garlinghouse recently announced a major milestone for XRP on the X social media platform where he revealed plans to introduce real-time indices and reference rates for XRP in partnership with CF Benchmarks. Garlinghouse highlighted the importance of having “a trusted benchmark reference rate” for institutional crypto products, stating, “The market has spoken,” indicating the increasing demand for dependable price feeds among institutional investors. 

First step towards institutional crypto products is to have a trusted benchmark reference rate. Nice to see @CMEGroup and @CFBenchmarks collaborate on this for an XRP index. The market has spoken. https://t.co/cKqqMLswdw

— Brad Garlinghouse (@bgarlinghouse) July 11, 2024

Besides XRP, CME Group created real-time Internet Computer (ICP) indices, updated every two seconds based on order book activity from big digital asset trading platforms, including Coinbase, Bitstamp, and Kraken. Moreover, daily benchmark values for many cryptocurrencies will be provided at 4 p.m. UTC, emphasizing CME Group’s intention to expand its Bitcoin offerings.

CME Group first presented real-time reference prices and indexes for Bitcoin in 2016, then added cryptocurrencies like Ethereum, Algorand, Avalanche, Bitcoin Cash, Cardano, Chainlink, Litecoin, Stellar Lumens, Uniswap, and many others. The inclusion of XRP and ICP lately emphasizes the increasing need and desire for a wider spectrum of cryptocurrency benchmarks.

 XRP ETFs Speculations

There has been much speculation regarding the potential release of an XRP ETF since Garlinghouse previously stated that it was “inevitable.” Recent XRP advances, as well as the release of trustworthy benchmark rates, might open the path for such financial products.

Van Eck and 21 Shares applied last month to start Solana ETFs. Furthermore, spot Ethereum ETFs are expected to begin trading in July, following recent S-1 filings by several potential issuers. These actions show a rising interest in institutional-grade cryptocurrencies and the possibility of XRP’s integration into this trend.

Along with the expected trading of spot Ethereum ETFs, recent applications for Solana ETFs by VanEck and 21 Shares show the growing trend of including cryptocurrencies into conventional financial markets, signifying a greater acceptance of digital assets and opening new investment opportunities.

The inclusion of XRP and other cryptocurrencies in these indexes and ETFs indicates a future where digital assets will be increasingly important in institutional portfolios as the market develops.

Real-time indexes and reference rates for XRP and ICP highlight the evolving landscape of institutional cryptocurrency investing by reflecting an increased need for consistent and open Bitcoin benchmarks.

Read Also:

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The post Ripple CEO Announces Milestone XRP Index with CF Benchmarks appeared first on Crypto News Land.

Germany’s Bitcoin wallet dipped below 5,000 BTC on July 11 due to a transfer of 10,620 BTC worth around $615 million.

Germany’s Bitcoin holdings are down to 9,094 BTC, only 18% of the 49,857 BTC seized from Movie2k in January.

The Crypto Fear & Greed Index fell into the “Extreme Fear” zone for the first time since January 2023 due to these transfers and market concerns.

Germany’s Bitcoin wallet witnessed notable fluctuations on July 11, initially dipping below 5,000 BTC due to significant transfers amounting to 10,620 BTC, equivalent to around $615 million, made to several cryptocurrency exchanges, including Coinbase, Bitstamp, and Kraken, and two anonymous addresses. However, shortly after these transactions, some funds were transferred back to the German government’s wallet bringing Germany’s Bitcoin holdings back to just above 9,000 BTC.

UPDATE: The German Government is running out of Bitcoin.The German Government just sent another 5000 BTC ($286.44M) to Flow Traders, Coinbase, Kraken, Bitstamp, 139Po and bc1qu.Today, they have transferred 10627 BTC ($615.33M) in total to market makers and exchanges.They… https://t.co/vXtHwzUieK pic.twitter.com/4bOI56BJgN

— Arkham (@ArkhamIntel) July 11, 2024

The Bitcoin in question was seized from the film pirating website Movie2k in January, and since June 19, the German government has been actively transferring out billions in Bitcoin. The transfers increased in frequency at the beginning of July.

Currently, Germany’s Bitcoin wallet holds only 18% of the 49,857 Bitcoin initially seized. This activity has drawn attention to the anonymous addresses involved. Blockchain intelligence firm Arkham noted that the addresses likely belong to institutional deposit or over-the-counter trading service providers, though this has not been confirmed.

The extensive sell-off has not been well-received by all after Joana Cotar, a German lawmaker and Bitcoin activist, criticized the move. She suggested that Bitcoin could have been adopted as a “strategic reserve currency” to protect against risks in the traditional financial system. 

Meanwhile, Ordinals users expressed their frustration through an inscription, translating to “Taxes are robbery,” highlighting the discontent among some members of the cryptocurrency community regarding the sell-off.

These events have contributed to a decline in Bitcoin prices, with concerns about the sell-off and worries over Mt. Gox distributing more than $8 billion of Bitcoin to its creditors negatively impacting the market. With Bitcoin trading at $56,870, down 1.8% over the previous 24 hours and 15.1% over the last month, the Crypto Fear & Greed Index has therefore reached the “Extreme Fear” zone for the first time since January 2023.

Read Also:

Last of Germany’s Bitcoin Sell Off Could Usher the End of the BTC FUD Dumping, Bull Run Awakens

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

Bitcoin Advocate Joana Cotar Challenges Germany’s Economic Strategy

Germany’s Top Savings Bank to Offer Bitcoin to Clients

El Salvador Grows Bitcoin Vault Whilst Germany Continues Offloading Its BTC Reserves

The post Germany’s Bitcoin Reserves Drop to 9K After Massive Sell-Off appeared first on Crypto News Land.

BitMEX pleaded guilty to violating the Bank Secrecy Act by failing to implement an adequate AML program from 2015 to 2020.

BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed face up to five years in prison and significant fines for their violations.

The case emphasizes the necessity for cryptocurrency exchanges to comply with US AML and KYC laws to operate in the US market.

According to the US Department of Justice, the BitMEX Bitcoin exchange pleaded guilty to breaking the Bank Secrecy Act, where the exchange failed to create and sustain an adequate Anti-Money Laundering (AML) system between 2015 and 2020. This fits the criminal accusations against numerous BitMEX top officials and staff members scheduled for a trial in 2022.

In response to the U.S. Department of Justice’s decision to file a charge of Bank Secrecy Act (BSA) violation against HDR Global Trading Limited (HDR), the entity owning and operating BitMEX, we would like to share the following statement.The BSA charge is old news – this is… pic.twitter.com/xvnGvfPvOA

— BitMEX (@BitMEX) July 10, 2024

According to US Attorney Damian Williams, BitMEX did not run a proper AML program. Rather, it disregarded Know Your Customer (KYC) guidelines and just asked consumers to submit an email address. Arthur Hayes, Benjamin Delo, and Samuel Reed, the founders, knew their actions broke federal law. As a result, the trade became vulnerable to major money laundering and sanctions avoidance operations.

Incorporated in the Republic of Seychelles, BitMEX currently finds itself in major legal hot ground. The liable parties could be fined heavily and sentenced to up to five years in jail. A court decided in a case brought by the US Commodity Futures Trading Commission in 2022 that Hayes, Delo, and Reed owed a combined $30 million civil penalty. After confessing to breaking AML guidelines under the BSA, they were sentenced individually to probation.

This case emphasizes the need for Bitcoin firms to follow US legislation to operate within the US market. Other Bitcoin exchanges should be reminded of the need of putting strong AML policies into effect by the case against BitMEX.

Read Also:

Temporary Downtime on 21 September To Fix BitMEX

BitMEX Founders Fined $30M for Illegal Operations

Paxful Co-Founder Pleads Guilty in AML Conspiracy Case

XRP Enthusiast Debunks Myth: No Secret Amendments in the XRP Ledger Ecosystem

Former FTX Exec Pleads Guilty, Seeks Leniency in Election Fraud Case as Locked SOL Assets Auctioned

The post BitMEX Pleads Guilty to Bank Secrecy Act Violations appeared first on Crypto News Land.

Germany is now down to its last 6,400 BTC signaling the end of its Bitcoin dumps.

Analysts believe that once Germany stops selling, FUD dumps will end too.

El Salvador continues to buy BTC as Germany continues to sell.

The last round of dips in the crypto market is just around the corner. Due to the German government’s repeated and simultaneous selling of its Bitcoin (BTC) reserves, the latest crypto market dip is still yet to fully recover. 

JUST IN: German Government sent 2,700 more #Bitcoin worth $155 million to exchanges.They are now left with less than 6,400 BTC. HODL! pic.twitter.com/DXiKWUmriI

— Bitcoin Magazine (@BitcoinMagazine) July 12, 2024

Presently, the German government has sold so much Bitcoin (BTC_ that they are now left with less than 6,400 BTC. As Germany is selling its Bitcoin, El Salvador has been buying, thus pushing their BTC reserves to a far greater number than Germany’s holdings. 

In total, Germany has sold 21,180 BTC over the past few days. It is a testament to the faith that the greater crypto community has in Bitcoin that the price of BTC hasn’t dipped below $50,000. In fact, many are buying the dip with figures such as Justin Sun volunteering to buy Germany’s remaining BTC reserves directly. 

Germany sold 21,180 BTC in a few daysI spent 100 hours analyzing their transactionsWhat I saw shocked me…Here’s how government plans to trick you pic.twitter.com/Cl2BTmcuCM

— bee (@0xbeehive) July 10, 2024

Amidst the noise, one analyst compiled his observations of Germany’s repeated Bitcoin (BTC) sell offs. He observes that Germany had held over $1 billion in Bitcoin reserves and has moved almost all of it through CEX’s like Kraken, Coinbase, and Bitstamp.

He adds that most of Germany’s BTC was obtained through confiscated funds and they never actually invested in the asset. In between the selloffs Germany did buy $111 million worth of Bitcoin when a German representative urged them to stop selling. Yet, here they are again back to selling their BTC reserves.

The analyst goes on to say that although the market’s reaction to the selloff wasn;t very impactful, the emotional responses from it were far worse. This emotional response is what led to a further dip. 

However, as more recovered from the FUD, traders are buying and holding instead. What was expected was a rapid buyback and Bitcoin price soon shifted to this recovery phase. This is why the market has remained steady despite the German government’s continued Bitcoin selling.

He concludes by saying that this moment in the crypto cycle is a crucial moment and that seasoned traders recognize the patterns. The market cannot grow without checking out weak hands, he says, signaling that Germany’s last selloffs could really be the end of the last crypto dip this cycle.

Read Also

XRP Analyst Believes Rise of XRP to Come From the East After Repeated Failure of the West Leading to Fall of US Hegemony

Germany’s Top Savings Bank to Offer Bitcoin to Clients

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

Bitcoin Advocate Joana Cotar Challenges Germany’s Economic Strategy

El Salvador Grows Bitcoin Vault Whilst Germany Continues Offloading Its BTC Reserves

The post Last of Germany’s Bitcoin Sell Off Could Usher the End of the BTC FUD Dumping, Bull Run Awakens appeared first on Crypto News Land.

Hamster Kombat has 250M users, origins unknown, first airdrop soon.

Hamster Kombat as a global family, unlike other games.

Notcoin founder doubts longevity; only sustainable models will survive.

Hamster Kombat leads the pack of Telegram-based ‘clicker’ games with 250M users. Despite its popularity, little is known about its origins or creators. Speculation is rife in the crypto world, especially with the game’s first airdrop expected this month.

In an email to The Block, Hamster Kombat’s founders shared insights about the game’s beginnings and future. They described Hamster Kombat as more than a game—it’s a global family with a strong community focus. 

This vision contrasts with other developers who distance themselves from their earlier projects. Sasha, the founder of Notcoin—the first Telegram crypto clicker game—expressed doubts about the longevity of such games. 

Hamster Kombat players act as CEOs of a fictional cryptocurrency exchange, earning in-game coins by clicking. The game, like Notcoin, is accessible through the Telegram app, which has nearly 1 billion users. 

Many hope to convert their in-game rewards into real cash once the game airdrops tokens.

Notcoin previously airdropped over 80 billion NOT tokens, worth about $1 billion at the time. 

Second Airdrop Underway 

Inspired by Notcoin’s success and social media games from the 2010s, Hamster Kombat added its unique philosophy of unity and education. The founders also drew inspiration from meme stocks and social media, particularly the GameStop and Reddit saga. 

Hamster Kombat’s founders are optimistic about the game’s future, with a second airdrop planned within the next two years. They believe the token, owned by millions globally, holds significant value. 

https://t.co/x28l22S6OK

— Hamster Kombat (@hamster_kombat) July 11, 2024

Using the TON Blockchain, like Notcoin and Catizen, Hamster Kombat has seen a surge in blockchain activity. To maintain game integrity, the founders plan to combat bot use. They aim to ban bot accounts, similar to Notcoin, and discourage referral cheating. However, they have no plans to restrict users from playing on multiple devices.

Read Also 

Hamster Kombat Sets Bullish Expectations for the Month of July, Could It Become the Most Popular P2E Game By Q4?

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Hamster Kombat Recognized as the Next Notcoin (NOT), Telegram-Based Crypto Games Unleashed  

July 2024 Altcoin Boom: Kaspa, Kendu Inu, Aave, Jasmy Coin, and Hamster Kombat

The post Hamster Kombat’s Origins and Upcoming Airdrop, Founders Reveal Deep Insights  appeared first on Crypto News Land.

As the investors focus on innovative projects, BlockDAG has just unveiled, through its 71st Dev Release, the official launch of the X1 miner app on the Apple App Store, which includes the start of mining on Devnet and a slew of enhancements to boost user experience. This release also teases forthcoming improvements to the X1 miner app. With a variety of miners, from the mobile X1 to the robust X100, BlockDAG is democratizing mining access, stirring investor enthusiasm, and driving the near sell-out of Batch 19, now priced at $0.014.

Exploring BlockDAG’s Mining Landscape and the User-Friendly X1 Miner App  

BlockDAG’s mining setup is designed to be accessible to all, thanks to its user-friendly features and mobile adaptability. What sets BlockDAG apart is its eco-friendly mining approach, which eschews the energy-intensive processes typical of traditional mining methods in favor of a more sustainable, energy-efficient model. BlockDAG also reduces strain on mining hardware by minimizing power and hardware requirements, making mining feasible on a broader array of devices. A hybrid consensus protocol bolsters network security, scalability, and performance.

The X Series miners, particularly the X1 miner app, are engineered for peak mining efficiency. These devices are equipped with power supplies that exceed the necessary wattage, improving cooling and durability. The ASIC chips are underclocked to maintain optimal temperatures and performance. With the X1 miner app now live and mining initiated on Devnet, users can start mining BDAG coins by swiping right on the “Swipe Me” button to set up an account, sign up with their phone number, enter the OTP, and activate mining by clicking “Activate BlockDAG X1.” The app also enables users to monitor their earnings and share referral links, enhancing the mining experience.

BlockDAG’s Dev Release 71 Spotlights Major X1 Miner Enhancements  

The latest Dev Release 71 from BlockDAG introduces exciting updates and new features for its community. A significant highlight is the X1 miner app’s launch on the Apple App Store, making it accessible worldwide—a milestone achieved after extensive teamwork and revisions. This release enhances user experience with multiple updates, including optimized leaderboard code for faster loading and real-time updates, and a streamlined onboarding process now requiring just a phone number. 

A new, robust notification system will keep users well-informed about updates and important events. Improvements to the group’s module include the introduction of pagination. BlockDAG’s expansion efforts continue as they aim to make the application available on the Amazon App Store and Samsung Galaxy Store, with ongoing efforts to gain approval from Google Play. These initiatives reflect BlockDAG’s broader strategy to make its tools available across all major platforms. 

Final Thoughts

BlockDAG’s 71st Dev Release marks a significant milestone with the global debut of the X1 miner app, substantial updates, and a successful presale phase. New features such as enhanced leaderboard functionality, simplified user onboarding, and a comprehensive notification system are set to significantly improve the user experience. 

The presale’s strong performance, with Batch 19 priced at $0.014 drawing considerable investor interest, highlights BlockDAG’s rising prominence in the crypto market. As BlockDAG continues to push boundaries and innovate, the X1 miner app presents a user-friendly and environmentally conscious way for individuals to participate in crypto mining.

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 Rush to Riches with Mobile Mining: BlockDAG X1 Miner App Launch on App Store Unleashes Crypto Mining Frenzy  appeared first on Crypto News Land.

Altcoins took a major beating as the Bitcoin crash saw BTC prices plummet to $53,000 at the start of July. However, not all altcoins took a heavy pounding in the wake of the Bitcoin crash. In fact, some have outright defied the bearish market sentiment. Case in point: altcoins MultiversX (EGLD) and UNUS SED LEO (LEO), for instance, have largely maintained a steady hold on their value, while new crypto presale Rollblock ($RBLK) has surged by 50%, entering stage 3 of its ICO launch.

Rollblock is revolutionizing the GambleFi sector with the launch of its premier iGaming and sports betting protocol combined with Web3 and DeFi elements. Learn why the smart money is going “all in” on Rollblock this summerand  why $RBLK is expected to outperform both MultiversX and UNUS SED LEO by the end of the year. 

MutiversX (EGLD) consolidates near the $37 mark after Bitcoin crash

MultiversX consolidated above the $37 price range, no doubt leaving holders thrilled about its resurgence. At press time, EGLD was trading at $36.61, with the token turning in an unlikely 17% gain in the past week despite the recent Bitcoin crash. One of the catalysts for this bullish run of form is MultiversX’s recent integration into popular crypto wallet solution SafePal, announced last July 5th. EGLD bulls are expected to make a push towards $40, with the MultiversX network upgrade having gone live earlier this month. MultiversX holders could be looking at a decent 20% gain in the coming days should the token continue on its positive trend. 

UNUS SED LEO (LEO) holds steady despite Bitcoin crash

UNUS SED LEO (LEO) has remarkably survived the Bitcoin crash unscathed. While UNUS SED LEO prices haven’t exactly set the world alight, LEO’s resilience has been worth writing home about. Currently, UNUS SED LEO prices trade at $5.80, holding its value steady for nearly a month. And with the broader crypto market sentiment turning bullish, UNUS SED LEO could be in for a solid rally, particularly if LEO prices break past long-held resistance at the $6 mark. However, the prospects of MultiversX and UNUS SED LEO are less impressive than those of the new crypto presale project Rollblock, which analysts peg for a 100x gain in 2024. 

Rollblock turns in a 50% surge as of stage 3 of new crypto presale launch

Rollblock ($RBLK) brings an entirely new concept to the lucrative world of online gambling by integrating the power of blockchain and Web3 technology. A fully compliant and regulated online casino built on Ethereum, Rollblock allows gamers to verify bets and transactions on-chain. This will allow for an unparalleled level of trust and transparency and will be a total game-changer for the space. 

Doing away with the need for cumbersome KYC approval, new sign-ups just submit an email address and connect a wallet to get started. A massive range of crypto coins are accepted on the platform, including Bitcoin, Solana, BNB and USDT. For a limited time Rollblock is topping up new accounts with deposit bonuses of up to an incredible 15%!

Once inside gamers will find familiar favorites such as poker and slot machines to new and exclusive AI-powered launches such as Crazy Time and Candy Land. Competitive community features and leaderboards are also available to keep gameplay refreshing and new. 

The native token RBLK is used for in-game rewards and has tremendous utility on the platform. Innovative tokenomics mean that RBLK will become an obvious long-term hold as the project gains traction. A revenue sharing scheme will see the casino use a portion of their profits to buy back RBLK on the open market, splitting these between a burner account and giving the rest to stakers. 

Holders can earn up to a massive 30% APY on their holdings, one of the most generous rates in all of crypto. This will reduce sell pressure on an already deflationary asset. As demand grows exponentially, supply will dry up on exchanges until price has no choice but to adjust violently in an upwards direction! 

RBLK is currently in stage 3 of its presale which is selling out fast. Over 77% of stage 3 coins have been sold already and $RBLK’s price is currently just $0.0154. This presale offer has seen a massive explosion of interest and won’t last much longer, with prices set to rise again soon.

Check the RBLK socials today for daily $250 giveaways for the Euro 2024 tournament. They will even double the winnings if you can show you are already an RBLK holder! 

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

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

The post MultiversX (EGLD), UNUS SED LEO and Rollblock All Defy Bitcoin Crash With The Later Surging Over 50% appeared first on Crypto News Land.

GreenCart partners with Molino Bruno, a leading Italian flour producer, within VeChain’s VeBetterDAO.

Users earn B3TR tokens for eco-friendly purchases through GreenCart.

Molino Bruno’s integration expands sustainable food options in GreenCart’s platform.

GreenCart has partnered with Molino Bruno, an Italian flour-milling company, in a major partnership within VeChain’s VeBetterDAO ecosystem. This partnership represents an important accomplishment for VeBetterDAO, as it brings together the innovative dApp GreenCart contained within its ecosystem with Molino Bruno.

NEW PARTNERSHIP! GreenCart announces a partnership with Italian company Molino Bruno, marking the first dApp on #VeChain's VeBetterDAO to secure such a collaboration. https://t.co/bP20mhOpPR pic.twitter.com/sUP20x2CGe

— Collin Brown (@CollinBrownXRP) July 11, 2024

Molino Bruno, a major company established in 1948, is dedicated to manufacturing a wide range of wheat flours that are renowned for their outstanding quality. GreenCart is a pioneer app that rewards users for purchasing environmentally friendly goods from local stores and supermarkets. 

GreenCart rewards customers with B3TR tokens whenever they choose eco-friendly options. The partnership with Molino Bruno seeks to make sustainable purchasing easier and more rewarding for consumers in Europe and beyond.

The partnership between GreenCart and Molino Bruno promises to provide consumers with additional environmentally friendly alternatives while earning benefits for their purchases.

The initiative will encourage users to make environmentally friendly choices and  hence will support the transition to more sustainable practices in the food industry. Users are now rewarded for selecting sustainable products inside the VeBetterDAO ecosystem by using GreenCart to convert their supermarket receipts into B3TR tokens. 

The partnership emphasizes VeChain’s dedication to awarding users who make contributions to a greener planet. GreenCart hopes to broaden its influence on sustainable consumer behavior through collaborations such as the one with Molino Bruno. GreenCart and Molino Bruno are pioneering the promotion of sustainable purchasing practices by encouraging eco-friendly choices and promoting transparency in product sourcing. They are paving the way for future collaborations within the VeBetterDAO ecosystem, promoting good change toward a more sustainable future.

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The post VET Price Bullish as VeChain Unveils New VeBetterDAO GreenCart Partner Molino Bruno to Elevate Sustainability appeared first on Crypto News Land.