Can the top crypto presale in June 2024 help you hit the jackpot? The crypto world is ridden with problems, and the wide range of failing options is only daunting to the investors. Cryptos like Sealana and Cosmos are grappling with their own challenges of maintaining an online presence along with remaining viable in the market. As investors search the skies for a better option, MoonBag (MBAG) is the best one in sight surrounded by the halo of success. 

MoonBag, led by the MoonBag Monkey, has entered the second half of its presale. In the sixth stage, the presale has already swept in a fund pool of over $2.6 million. The secret of this glowy success, is investor response which was nothing short of a deafening roar due to the various opportunities and perks offered by this crypto. Let’s delve into why MoonBag, with its top crypto presale in June 2024, may be your best bet. 

Cosmos – Failure To Maintain Online Presence!

Cosmos is failing to maintain relevance in online crypto communities and trends. This reduced presence online has translated in the form of staggering sales for Cosmos. As investors’ skepticism continues to grow, Cosmos finds it hard to regain the popularity it once held in the market. 

As prices continue to drop due to bearish market trends, other cryptos are taking the top spots. One such crypto is MoonBag, which has become the Top crypto presale in June 2024 due to extraordinary benefits for investors such as non-volatile coin prices and a supportive online community ready to help investors.

Sealana – Overhyped Social Media Me Coin 

Sealana is a new meme coin based within the Solana network. Sealana coins can be bought through various networks. Moreover, the meme coin is just four days away from the completion of its presale. With the coin priced at $0.022, and no guarantee of returns for investors, MoonBag meme coin offers a much better deal.

 Buy the coins in just $0.0003 and get perks during the presale to ensure profits. In reality, the project is criticized for having no utilities, and being just fun and humor. It has become one of the top trends on X, but experts are left wondering why.

MoonBag’s Top Crypto Presale in June 2024- Invest to Hit the Jackpot?

MoonBag meme coin has seen immense success since its entry into the market a few weeks ago. Fueled by investor support, it appears that the top crypto presale in June 2024 is flashing past stages – and with each passing stage, the returns of investors are sky mounting. Those who invested in the very beginning are set to make a 9,900% ROI. The whitepaper of the meme coin however invites investments at any stage of the presale by clearly notifying investors of the returns they stand to make. Crypto experts like Jacob Crypto Bury have already pronounced that MoonBag will soon be priced as much as 100 times more than it is now. 

Will the fate of this meme coin be the same as that of others? The answer is no, because the creators of MoonBag have taken special care to ensure that the coin remains viable once its top crypto presale in June 2024 is over. Dedicating 20% of the presale funds to ensure the liquidity of the coin is just one move that will protect its sustainability in the market. The creators have also locked the liquidity of the coin for two years, along with putting a smart buyback strategy in place. Solving scalability issues like bottlenecking and high gas fees is another step they have taken to guarantee a streamlined experience on the MoonBag platform. 

Conclusion: 

The success of the top crypto presale in June 2024 has persuaded many strugglers to invest in MoonBag crypto. The promise of a fun an progressive online presence along with a stability in the market has made cryptos like Sealana and Cosmos dull in comparison to the glint of MoonBag. 

Invest in MoonBag Presale 

Website: MoonBag.org

Presale: MoonBag Presale

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org

The post Hit the Jackpot with MoonBag’s Top Crypto Presale in June 2024: Can Sealana and Cosmos Dream of Competing?  appeared first on Crypto News Land.

In the dynamic world of cryptocurrencies, BONK, Lido DAO, and BlockDAG are grabbing the spotlight. While the fluctuating prices of BONK suggest a possible recovery and Lido DAO’s strengthening support indicates a bullish trend, BlockDAG emerges as the top contender. BlockDAG’s new X1 mobile miner app is transforming crypto mining by allowing smartphones to mine efficiently, making earning cryptocurrency accessible for everyone. With a whopping $52.5 million raised in its recent presale and a price jump of 1120%, BlockDAG’s potential for growth is clear.

BONK: Should You Invest Now?

BONK, a well-known memecoin, has experienced turbulent price changes, plunging 47% since May 28. It now teeters near a key support point of $0.00002260. This support, bolstered by a rising trendline at $0.00002206, suggests growing bullish pressure could push prices to the next resistance level at $0.00002940.

With a market capitalization of $297 million and a recent 3% decrease, BONK seems to be in a deeply oversold state according to the stochastic RSI (4.90), signaling a potential investment opportunity. The MACD also indicates a shift from a bearish to bullish trend. Additionally, liquidity maps highlight notable activity at $0.0000238 and $0.0000247, possibly pushing prices up.

Lido DAO Solidifies Support: Eyes on a $3.10 Price Target

Lido DAO (LDO) is on a bullish path, with its Total Value Locked (TVL) nearing a record high of $39 billion. Its price uptick has reclaimed a 700-day diagonal support line, pointing to a promising long-term rise toward $3.10.

Despite a setback from its January peak, LDO has regained stability since May, fueled by positive buzz around Ethereum ETFs. The verified ascending channel since June 2022 confirms strong support, with recent movements affirming the rebound and reclamation of the channel’s support line. If LDO continues its upward trajectory, it could surge toward its peak, propelled by a growing TVL and solid market fundamentals.

X1 App: Turn Your Smartphone into a Mining Giant

The BlockDAG presale is heating up, and its flagship X1 mobile miner app is the star of the show. This app promises to redefine crypto mining by turning everyday smartphones into effective mining tools. Its user-friendly nature opens up cryptocurrency earnings to a wide range of enthusiasts.

The Proof of Engagement mobile app enhances the mining experience by utilizing smartphones as potent mining instruments, without impacting battery life or data usage. Users can mine cryptocurrency seamlessly while interacting with the BlockDAG ecosystem. The app includes easy registration, referral incentives, and transparent progress monitoring, making the mining journey enjoyable and straightforward.

Specially designed for ease of use, the X1 mobile miner app allows individuals with minimal technical know-how to engage in mining. It optimizes the use of smartphone processing power, ensuring that device performance is not compromised during mining. This innovative method allows users to earn cryptocurrency without needing costly hardware.

Remarkably, the price of BDAG coins has rocketed to $0.0122 in the latest presale round, marking an impressive 1120% increase. The ongoing presale has gathered $52.5 million and sold over 11.6 billion BDAG coins. Additionally, BlockDAG has amassed $3.3 million from the sale of over 8,000 mining devices. This strong performance highlights investor confidence and interest in BlockDAG’s innovative solutions.

Takeaway

BlockDAG notably outperforms BONK and Lido DAO. Despite BONK’s possible comeback and Lido DAO’s robust fundamentals, BlockDAG’s groundbreaking X1 mobile miner app and remarkable presale successes make it the top investment choice. Its integration of mining technology into everyday smartphones, combined with strong financial backing and strategic advancements, positions BlockDAG as the leading contender for significant returns and market dominance 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 Market Watch: BlockDAG Hits $52.5M in Presale, BONK & Lido DAO See Price Surges appeared first on Crypto News Land.

The latest BlockDAG’s Dev Release 56 showcases the latest advancements that continue to elevate this emerging coin in the cryptocurrency market. This release introduces transformative updates to the blockchain, enhancing client notifications and overall network performance.Apart from these regular development updates, BlockDAG stands as a strong contender with its Low-Code/No-Code Platform and miners, notably the X100 powerhouse. Together, they are propelling a presale that has raised $52.5 million across 18 batches priced at $0.0122 per BDAG coin. BlockDAG’s future looks bright as investors eagerly anticipate significant returns.

Analyzing BlockDAG’s Low-Code/No-Code Platform and X100 Miner

BlockDAG’s platform, built on advanced low-code/no-code technology, revolutionizes the way users create utility tokens, meme tokens, and NFTs. By offering an array of pre-designed templates, BlockDAG makes it effortless for users to find a starting point that aligns with their vision. These templates can be customized to meet specific project needs.The platform actively supports the growth of decentralized applications by providing a robust and scalable infrastructure, encouraging the development of various applications, from digital art marketplaces to tokenized asset platforms.

Complementing this robust ecosystem is the X100 Miner, a powerhouse in cryptocurrency mining. With a staggering 2 TH/s hash rate and 1800W power consumption, the X100 is designed for high-yield mining, earning up to 2,000 BDAG daily. Its advanced ASIC technology significantly enhances computational power, making block mining more efficient. Despite its formidable performance, the X100 balances power with controlled noise levels, making it suitable for various environments.

In tandem with its low-code/no-code platform and X100 Miner, BlockDAG’s presale has seen remarkable success, starting at $0.001 per BDAG coin in Batch 1 and reaching $0.0122 in Batch 18. Additionally, it has sold over 8,000 miners, collecting $3.4 million. This rapid appreciation highlights strong demand and investor confidence in BlockDAG’s potential as presale crosses $52.5 million.

Dev Release 56: Uncover Blockchain’s Transformative Updates

In the new Dev Release 56, BlockDAG has introduced a series of transformative updates to its blockchain, designed to elevate client notifications and overall network performance. This latest release promises a more dynamic and responsive blockchain experience, with new types of notification control requests leading the charge.

The new suite of notification types offers granular control over client interactions. This update feels like a finely tuned symphony, where each notification type adds to the harmony. With the introduction of ‘notificationRegisterClient’, new clients are welcomed into the fold, ready to receive updates. 

On the other hand, ‘notificationUnregisterClient’ ensures a smooth exit when it’s time to part ways. Real-time updates about new blocks are now possible with notificationRegisterBlocks, keeping clients in the loop.

Staying informed about transaction confirmations is a breeze with notificationRegisterTxConfirms, while notificationUnregisterBlocks caters to those no longer interested in block updates. Alerts on new transactions in the mempool are ensured by notificationRegisterNewMempoolTxs, making sure nothing slips through the cracks. Finally, notificationScanComplete gives a reassuring nod that a scan, whether of the blockchain or mempool, is finished.

These updates ensure developers can tailor their applications for better real-time updates, enhancing overall responsiveness and user experience. By offering more flexible and efficient notification management, BlockDAG continues to solidify its position at the cutting edge of blockchain innovation. The BlockDAG community is abuzz with excitement, ready to integrate these new features and witness the future of blockchain technology.

Last Line

BlockDAG’s Dev Release 56 marks significant advancements in the cryptocurrency landscape. The new low-code/no-code platform and the powerful X100 Miner offer users an engaging and efficient blockchain experience. With its impressive presale momentum, gaining over $52.5 million, and continuous technological innovations, BlockDAG is solidifying its position as a leader in the cryptocurrency world, offering exciting opportunities for both novice and seasoned investors.

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 BlockDAG Dev Release 56: Blockchain’s Transformation with Low-Code/No-Code as Presale Booms to $52.5M appeared first on Crypto News Land.

Aptos (APT) and Cronos (CRO) are reshaping the cryptocurrency world with notable market activities. Aptos has captured attention with its pioneering Web3 solutions, while Cronos has seen a surge in market interest. In this evolving landscape, BlockDAG emerges as the top choice for crypto investors, boasting a remarkable 1120% increase in its value from Batch 1 to Batch 18. BlockDAG’s X series rigs offer state-of-the-art, eco-friendly mining options, allowing miners to potentially gather up to 2000 BDAG daily. It remains the premier cryptocurrency mining choice for those targeting lucrative and sustainable ventures.

Aptos (APT) Surge: Tracking Its Market Magic

Aptos (APT) has reached notable peaks, topping $18 on two occasions, driven by its ambition to enhance Web3 solutions. Originating from Aptos Labs, this AI-driven blockchain platform aims to transform industries such as DeFi and healthcare. Despite these highs, Aptos has stabilised close to its initial pricing, indicating some market resistance.

Now priced just over $8, Aptos balances near its starting mark. It is well-positioned for future growth, supported by a solid foundation and a dedicated team. Its strategy focuses on integrating AI with blockchain to foster broader adoption and continuous innovation, steering clear of mere investment frenzy.

Cronos (CRO) Price Trends and Outlook

This past weekend, Cronos (CRO) experienced a 7% increase in 24 hours and a 57% rise over the week. Its present price, around $0.1033 showcases robust market performance. However, its high Relative Strength Index (RSI) of 97.45 might suggest an overvaluation. If Cronos maintains this level, it might challenge resistance to nearly $0.0900 by the end of the month. Continued bullish trends could further elevate Cronos’s value, but a shift in market sentiment could push it toward the $0.07390 support level.

BlockDAG’s Crypto Mining Innovations: Earn Up to 2000 BDAG Daily with a 1120% Price Jump

BlockDAG offers the X series mining rigs, designed for high energy efficiency and environmental sustainability. These rigs utilize a DAG-based hybrid protocol to slash energy consumption below that of traditional mining techniques, ensuring strong security and quick processing speeds. The X10 and X30 models are excellent choices for both new and experienced miners, offering effective hash rates for optimal mining.

BlockDAG also achieves an industry-leading block confirmation speed of 10 blocks per second, ensuring consistent and substantial mining rewards. The X100 model particularly highlights BlockDAG’s commitment to high-yield, environmentally friendly mining, offering up to 2000 BDAG daily.

For those interested in mining but reluctant to invest in substantial hardware, the X1 mobile app provides a perfect solution. It allows users to mine up to 20 BDAG coins daily using their smartphones, combining convenience with efficiency. BlockDAG emphasises transparency and straightforward policies, fostering a trusting relationship with its mining community.

Moreover, BlockDAG energises its community with a $2 million giveaway, requiring participants to hold at least $100 in BDAG coins and participate in specific activities, enhancing community engagement and supporting the network’s dynamic growth and presence, evidenced by a dramatic 1120% increase in value from Batch 1 to Batch 18, drawing significant investor interest as presale stages progress swiftly.

Conclusion

While Aptos and Cronos have shown impressive developments in the crypto sphere, BlockDAG redefines potential and sustainability in cryptocurrency mining. With its cutting-edge DAG-based technology, BlockDAG offers an unmatched combination of energy efficiency and high returns. Its community-focused initiatives and clear policies further strengthen BlockDAG’s position in the market. As the cryptocurrency sector evolves, BlockDAG remains a preferred choice for investors and miners, looking forward to a strong future in the digital economy.

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 BlockDAG’s Mining Mojo & 1120% Price Surge Crushes Aptos and Cronos appeared first on Crypto News Land.

XRP shows a Hidden Bullish Divergence similar to 2017-2018, indicating a potential for significant price increase.

XRP’s prices are nearing critical breakout points, suggesting a likely bullish breakout.

XRP could reach $10s or $20s quickly, driven by market sentiment and technical indicators.

XRP is currently exhibiting a strong resemblance to a Hidden Bullish Divergence observed between 2017 and 2018, which came before its monumental surge of approximately +62,100%.

$XRP (Ripple) continues to hold and showcase a highly similar Hidden Bullish Divergence that previously (2017-2018) led into an approximately +62,100% climb!With the noticing of prices nearing alternative major converging/breakout points and this divergence occurring, a bullish… https://t.co/HvFsDB195i pic.twitter.com/g1YFqgSIL5

— JAVON MARKS (@JavonTM1) June 19, 2024

The price of XRP is moving closer to crucial levels of convergence and breakout. With the appearance of this bullish divergence pattern, analysts are becoming more confident of a price break out. Such developments usually signal major upward trends in the cryptocurrency’s valuation.

The possibility of XRP exceeding critical price thresholds, potentially reaching the $10s, $20s, and beyond, has grown more realistic and could occur shortly, defying standard market expectations.

The overall market view toward XRP remains bullish, supported by ongoing recognition of patterns and past trends. As the market dynamics unfold, investors and traders are keeping a careful eye on these developments in order to position themselves for potential gains.

Technical indicators for XRP point to a favorable environment for further value appreciation, which validates the bullish sentiment and has the potential to spark significant buying activity and to send the price of XRP rising.

The cryptocurrency market as a whole may be affected further by the possible increase in XRP’s value. A sharp rise in XRP’s value could lead to a return of interest and investment in digital assets by market players.

There is a strong possibility for major upside momentum based on the market dynamics of XRP, which are characterized by a Hidden Bullish Divergence. The cryptocurrency’s path to higher valuation levels, including the $10s and $20s, appears to be more likely as technical indicators and market sentiment improve.  

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XRP Defies Market Trends, Maintains Bullish Momentum

The post Ripple’s XRP Maintains Strong Bullish Momentum, Anticipates Significant Upside Potential appeared first on Crypto News Land.

Fetch.ai, Ocean Protocol, and SingularityNET finalize the Artificial Superintelligence Alliance (ASI) merger.

The merger creates a decentralized alternative to Big Tech-dominated AI projects.

FET, currently at $1.59, could rally toward the $1.92 – $2.46 zone after bouncing from key support.

According to the post below, Fetch.ai’s (FET) current performance signals a huge potential for significant growth. The recent 28% surge positions FET as a top gainer in the crypto market, and the buzz surrounding it is palpable. 

$FET is looking to get back to the $1.95 – $2.55 range.After surging 600% in 6 weeks, it took quite a hit during the correction. The good news is, this was undiscovered territory (no strong support levels yet) and has now established some new levels.It bounced nicely off… pic.twitter.com/HoX7ZhtCd4

— Quinten | 048.eth (@QuintenFrancois) June 21, 2024

The Merger Buzz

Analysts suggest that this sudden surge lies in the upcoming merger. FET is set to join forces with other AI tokens to form the Artificial Superintelligence Alliance (ASI). 

The ASI merger combines FET with Ocean Protocol (OCEAN) and SingularityNET (AGIX), creating a powerful coalition in the AI crypto sphere. Also, recent advancements in AI technology by industry giants like Elon Musk’s xAI and Nvidia have had a positive ripple effect on AI-driven cryptocurrencies. Fetch.ai, being at the forefront of this trend, has reaped the benefits.

The Technical Picture

FET’s price currently hovers around $1.95, just below the critical support level of $1.96. This support has been tested multiple times and remains unbroken. Historically, significant gains have followed a bounce back from this level. If FET successfully breaches the $2.26 barrier, we could see a rally towards $2.46—a potential 25% increase.

While market sentiment is bullish, technical indicators paint a different picture. FET’s Relative Strength Index (RSI) on the 4-hour chart has reached 75, indicating overbought conditions. This suggests that investors might start taking profits, potentially leading to a price correction.

Additionally, some traders on major exchanges like Binance remain skeptical about FET’s long-term potential. Additionally, a recent warning about the delisting of the FET/USDT trading pair on Binance caused temporary volatility.

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What Does the Monumental ASI Merge Mean for OCEAN, FET, and AGIX?

The post FET AI Crypto Altcoin Surges Ahead Of Merger: Can Fetch.ai Rally to the $1.95 – $2.55 Range? appeared first on Crypto News Land.

In the ongoing SEC lawsuit, Ripple files a motion to seal documents, protecting sensitive financial information.

Ripple seeks to redact specific financial terms negotiated with third-party partners.

Both parties have been ordered to reconsider sealing parts of their briefs by July 8, 2024.

As the protracted legal battle between Ripple and the SEC continues, the latest development involves a motion to seal specific documents. Ripple has requested that some materials filed in connection with the SEC’s motion for judgment and remedies be kept confidential

The Motion to Seal and Redactions

Ripple has filed a motion to seal specific documents related to the ongoing lawsuit. These documents contain sensitive information, including the company’s negotiated financial terms with third-party business partners. 

The court document, addressed to Judge Analisa Torres, seeks to redact or seal this confidential data. Ripple’s proposed redactions are narrowly focused, targeting only specific financial and pricing terms negotiated between Ripple and its counterparties. 

Interestingly, the court has previously granted similar redactions in connection with other motions in the case. Jonathan Bilich, Ripple’s chief financial officer, has submitted a declaration supporting the motion to seal. 

Bilich emphasizes that Ripple is a private company and takes significant measures to safeguard its sensitive and proprietary business information. Public disclosure of these details could harm Ripple’s relationships with customers and other business partners.

Bill Morgan, a commentator on the case, explains that Ripple’s legal team aims to protect commercially sensitive information. This includes discounts offered to institutional buyers of XRP. 

Revised Motions

It seems both Ripple and the SEC have been ordered to reconsider their motions to seal parts of their briefs. They have until July 8, 2024, to file revised motions specifically addressing the sealing of exhibits. 

SEC v. RIPPLE Upcoming Deadlines and Motions:Both parties have been ordered to reconsider their motions to seal parts of their briefs and have until July 8, 2024, to file a revised motion to seal specific exhibits. The court’s final decision on these motions will follow… pic.twitter.com/Ujm9690XuS

— JackTheRippler © (@RippleXrpie) June 21, 2024

The battle between Ripple and the SEC continues to unfold, with confidentiality concerns taking center stage. As the legal drama plays out, the crypto community eagerly awaits further developments in this high-stakes case.

Read Also 

Ripple Files Motion to Seal Materials in SEC Case to Protect Sensitive Financial Data, Court Decision Reveal on May 20

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Ripple and SEC Battle Outline Resounding Conclusion, Await Verdict

SEC vs. Ripple Case Escalates: Tight Seal on Documents, Public Await Redacted Version

BlackRock and Bitwise Present Revised Spot Bitcoin ETFs Amidst Price Surge

The post Will the SEC and Ripple Meet the July 8, 2024 Deadline for Filing Revised Motions? appeared first on Crypto News Land.

The cryptocurrency realm has been anything but stable lately, with HBAR taking a sharp dive while the meme coin Pepe defies the odds and climbs higher. Amid this chaos, BlockDAG emerges as a beacon of potential, raking in an impressive $52.5 million through its presale. Propelled by its impactful second keynote and an assertive global marketing strategy, BlockDAG is well on its way to meeting its ambitious daily fundraising target of $5 million, as detailed in Keynote 2. Experts now forecast BDAG to reach price milestones of $10 by 2025, $20 by 2027, and $30 by 2030.

HBAR Token Takes a 35% Dip

HBAR’s value recently took a nosedive, dropping by approximately 35% and wiping out gains that had soared over 100%. The plunge was triggered by false rumors about BlackRock’s participation with the Hedera network, which were later dispelled by CoinGecko. On April 24, the Hedera Foundation clarified that BlackRock’s ICS US Treasury money market fund had been tokenized on Hedera, thanks to partnerships with Ownera and Archax.

Pepe Gains Amid Market Turbulence

Despite a turbulent crypto market, Pepe, a prominent meme coin, managed an 8% increase in June, bucking the overall downward trend. This rise followed a daring move by Binance, which offered up to 100 million PEPE tokens through Binance Pay. Although Pepe initially faced challenges breaking the $0.000015 resistance level, its price eventually settled at the $0.000011 support level. This promotion by Binance likely spurred Pepe’s rise, demonstrating its tenacity in the volatile world of meme coins.

BlockDAG’s Keynote Boosts Market Position

BlockDAG’s viral keynote has firmly established its market standing, signaling a bright future for its valuation. Industry experts predict BDAG will climb to $10 per coin by 2025, resulting in $200 daily mining profits through the X1 app. They foresee the price doubling to $20 by 2027 and tripling to $30 by 2030, potentially yielding daily earnings of $600. These optimistic forecasts are attracting significant investor interest, especially as BlockDAG’s presale has surged to $52.5 million, reflecting an 1120% price increase.

The keynote unveiled advanced technology that combines Proof-of-Work and Directed Acyclic Graph mechanisms, enhancing scalability and security for transactions. Currently, BlockDAG is generating $500k daily, with projections to reach $5 million daily before the presale concludes in four months, just ahead of the mainnet launch. This impressive progress underscores the growing momentum behind BlockDAG’s mission to transform blockchain technology.

Moreover, BlockDAG’s global marketing efforts, which include prominent displays at Tokyo’s Shibuya Crossing, the Las Vegas Sphere, and London’s Piccadilly Circus, are bolstering market confidence. The “Moon Keynote 2” theme highlights BlockDAG’s bold and innovative marketing strategies. 

Significantly, these high-visibility campaigns, combined with endorsements from Cointelegraph, Forbes, and Bloomberg, have raised BlockDAG’s profile and credibility. With the presale now reaching $52.5 million, distributing over 11.7 billion BDAG coins, and generating an additional $3.3 million from more than 8006 miners sold, excitement among early investors is palpable, fueled by the potential for substantial returns and BlockDAG’s pioneering technology.

In A Nutshell 

In summary, HBAR’s significant drop due to miscommunication, contrasted with Pepe’s strength during a market slump, underscores the unpredictable nature of the crypto landscape. Despite this volatility, BlockDAG emerges as a standout with promising growth projections and ambitious global plans. The latest keynote has strengthened investor confidence in its innovative technology and its potential to reach a $30 valuation by 2030. 

With a remarkable presale performance exceeding $52.5 million and a strong global market presence, BlockDAG presents an enticing investment opportunity. Priced at $0.0122 per BDAG in batch 18, BlockDAG leads the way in top crypto presales.

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 Wins With $52.5M Presale, Driven By Forecast To Hit $30 by 2030 As HBAR Sinks & Pepe Upswings appeared first on Crypto News Land.

VET demonstrates resilience by stabilizing near critical support levels amidst recent market volatility.

Market anticipation grows around VeChain’s upcoming HiVe Summit and the imminent launch of VeBetterDAO.

Analysts closely track VET’s price movements, noting heightened investor optimism and increased trading volumes.

The native token of VeChain, VET, has demonstrated resilience in spite of recent volatility in the market, with prices stabilizing around critical support levels. Analysts are watching for potential bullish indicators as opinions of investors remain cautious in the face of broader economic volatility.

$VET Bouncing from Critical Support #VET showing some strength at this level, so we might see some bullish price action now.Are you still bullish on #Vechain ? pic.twitter.com/viIdwj1TcM

— Crypto Yapper (@CryptoYapper) June 19, 2024

The approaching HiVe Summit and launch of VeBetterDAO are adding to the growing confidence in the market. These major events will showcase sustainable initiatives and Web3 advancements, which will reshape VeChain’s ecosystem. Recent price movements of VET indicate possible upward momentum, which can be attributed to the anticipation surrounding these developments.

Recently, VET has shown strong stability close to important support levels, indicating investors’ solid trust in the face of rough market conditions. This resilience has sparked interest in the cryptocurrency community, highlighting VET’s ability to remain resistant in the face of external pressures.

After a period of stabilization, recent market data shows a significant increase in VET’s trading volumes. The upward movement in VET’s market trajectory indicates an increase in investor participation and a renewed sense of confidence. 

While analysts are optimistic about potential bullish outcomes, they caution that market dynamics are still changing, necessitating caution in the face of ongoing price volatility.

VET’s resilience at critical support levels, coupled with heightened anticipation for the HiVe Summit and VeBetterDAO launch, positions the cryptocurrency for potential growth in the near term. 

Investors and market participants are eagerly awaiting insights and announcements from these events, which are expected to shape VET’s path in the changing digital landscape. The market will keep an eye on VET to see how it performs in the future and how it contributes to sustainable practices and blockchain technology. 

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The post VET Holds Steady Amid Market Volatility: Spotlight on HiVe Summit and VeBetterDAO Launch appeared first on Crypto News Land.

Bitcoin is technically bullish if it holds above previous lows (around $60,000). A break below $56,000 could signal the end of the bull market. 

Savvy investors, including MicroStrategy, continue to buy Bitcoin. Financial advisors also seek to increase clients’ crypto exposure.

Bollinger Bands indicate critical support levels, suggesting potential massive volatile moves. Sideways consolidation doesn’t necessarily mean the end of the bull market.

Bitcoin’s price has kept investors on edge, with no clear confirmation of a bull or bear market. Last week, price action remained relatively tame, showing low volatility and a slight bullish relief. As the post below suggests, this is not the get bearish on BTC 

Not the time to get bearish #Bitcoin $BTC pic.twitter.com/4xseRTTbhL

— Quinten | 048.eth (@QuintenFrancois) June 20, 2024

But when will Bitcoin recover from the prevailing bearish outlook? Some analysts suggest that BTC will recover when weak miners die and hash rate recovers.

Bollinger Bands Indicator Signal a Potential Surge

Currently, the Bollinger Bands indicator is testing critical support levels on the 4 hour and daily charts. This suggests that Bitcoin’s price is at very low levels, historically preceding massive volatile moves. 

These moves can be as significant as 20-30% or even larger. So, while the sideways consolidation might seem bearish, it doesn’t necessarily signal the end of the bull market.

According to experts, Bitcoin is technically bullish as long as it holds above the previous lows (around $60,000). If the price breaks below $56,000, discussions about the end of the bull market may begin. 

Bitcoin recently retested a previous support area, now acting as resistance around $67,000 to $68,000. A break below this level confirms it as new resistance. The volume profile indicator shows a massive cluster of traded volume in this range. 

The next significant volume support lies around $63,000 to $64,000. Liquidity is also building around $67,300 to $67,400. This signals potential revisits to this resistance area before any further upward movement.

Savvy Investors Still Buying Bitcoin

Despite the uncertainty, savvy investors continue to buy Bitcoin. MicroStrategy, led by Executive Chairman Michael Saylor, acquired an additional 11,931 BTC for $786 million. This strategic move brings their total Bitcoin holdings to 226,331 tokens, valued at nearly $15 billion. 

Additionally, financial advisors are increasingly interested in Bitcoin, with 98% aiming to increase clients’ crypto exposure. While the market remains uncertain, Bitcoin’s potential for growth and its role as digital gold continue to attract both cautious and bold investors.

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Dogecoin Analysis: Technical Indicators Suggest Impending Breakout

Large Investors Accumulating Bitcoin: What Does This Mean for the Price?

The post BTC Bulls Expected to Revisit $67,000 Levels: Is Bitcoin Poised for a Massive Rally? appeared first on Crypto News Land.

The Winklevoss twins donated 30.94 Bitcoin, worth $2 million, to Trump’s campaign.

They oppose the Biden administration’s regulatory stance on crypto.

Gemini founders aim to rally the crypto community and influence regulations.

The Winklevoss twins, known for their significant contributions to the cryptocurrency sector, have donated 30.94 Bitcoin, worth $2 million, to Donald Trump’s campaign. 

Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, made the donation to support Trump’s pro-crypto stance. They believe his policies will go against what they see as anti-crypto actions by the current administration.

JUST IN: Winklevoss twins donated 30.94 #Bitcoin worth over $2 million to Donald Trump to "put an end to the Biden Admin's war on crypto." pic.twitter.com/cHD2ENnqZM

— Bitcoin Magazine (@BitcoinMagazine) June 20, 2024

This sizable donation comes after Trump recently supported the cryptocurrency industry in his campaign speeches. The creators of Gemini have been vocal in their criticism of the Biden administration, claiming that the government is using its regulatory agencies to target the cryptocurrency industry.

They argue that this approach is similar to ‘Operation Choke Point’, a previous initiative that restricted certain industries’ access to banking services. They argue that these actions affect individuals as well as businesses, including themselves and their firm, Winklevoss Capital.

The twins have always been against the Biden administration’s position on cryptocurrencies. They point to instances of what they consider to be excessive authority by the regulators, like the SEC and banking system being used against cryptocurrency companies.

Recently, the SEC had taken regulatory enforcement actions against their company, Gemini. The twins contend that the lack of clear regulations has made it possible for the SEC to bring multiple lawsuits against cryptocurrency companies, which has hampered innovation and caused uncertainty. Their support of Trump is intended to unite the cryptocurrency community and demonstrate the necessity of a pro-business regulatory framework.

The donation made by the Winklevoss twins is a significant development in the relationship between politics and digital currencies. Their donation to Trump’s campaign highlights the importance of political support in determining the direction of the cryptocurrency market.  

Read Also

Gemini Twins Back Trump with $2M Donation, Blast Biden’s Crypto Stance

Winklevoss Warns of a Political Backlash Amidst Crypto Crackdown

Crypto Exchange Gemini Lays off an Additional 7% Of Its Staff

BitMEX Founders Fined $30M for Illegal Operations

What Lies Behind Gemini’s Bold $24 Million Leap into India’s Crypto World?

The post Biden Under Pressure as Trump Gets $2 Million BTC from Gemini Founders Empowering Bitcoin Election  appeared first on Crypto News Land.

Taipei Tech and Tether collaborate to enrich blockchain education in Taiwan, focusing on practical skills and industry relevance.

The program at NTUT’s College of Management has already attracted over 110 students, indicating strong demand.

Paolo Ardoino aims to foster the next generation of blockchain professionals, promoting digital asset adoption.

Tether partnered with The National Taipei University of Technology (NTUT) also known as Taipei Tech to enhance blockchain and digital asset education, with the goal of providing students with crucial knowledge and skills. The collaboration, which was announced recently, signifies a major effort to improve educational opportunities in the area.

Promoting a broad understanding and Practical Skills

This partnership revolves on equipping learners with a perfect understanding of blockchain and digital assets including Bitcoin and stable coins like one of Tether’s native tokens, the stablecoin.

Besides technical skills, the program emphasises the importance of independent analysis and risk assessment in the crypto space. This approach helps students identify scams and navigate potential risks associated with volatile assets.

Tether Launches Initiative to Boost Blockchain and Digital Asset Education in TaiwanRead more: https://t.co/jUuzUSkpEn

— Tether (@Tether_to) June 19, 2024

Industry Relevance and Career Opportunities

Additionally, the curriculum covers compliance procedures and explores career opportunities in the blockchain industry. Paolo Ardoino, CEO of Tether, expressed the initiative’s goal to empower the next generation of blockchain professionals, promoting digital asset adoption across Taiwan.

The program, “Blockchain & Digital Asset” initially launched in NTUT’s College of Management, has quickly gained popularity  in NTUT’s Information and Finance department  attracting over 110 students. This success has sparked interest from other universities looking to collaborate with Tether on similar educational initiatives.

Moreover, recent industry trends highlight a growing interest in stablecoins and digital assets, The CEO of Circle, which operates the stablecoin USDC, Jeremy Allaire said he’s “more optimistic” than ever before about crypto and stablecoins saying he believes stablecoins will make up 10% of money in roughly the next decade.

Read Also:

New York University and Near Protocol Partner To Educate 

Ripple Strikes a Key Partnership with University of Toronto: XRP Validator on the Horizon

How Ripple is Fostering Fintech Education with European Universities

Binance Charity Announces 1000 African Scholars In Collaboration With Utiva

Ripple Labs Imparts Technical Knowledge to Young Minds in Canada

The post Tether Partners Taipei University to Enhance Blockchain and Digital Asset Learning appeared first on Crypto News Land.

Winklevoss twins donated 30.94 Bitcoin ($2M) to Trump, opposing Biden’s crypto policies.

They criticised Biden for hindering crypto innovation via Operation Choke Point 2.0.

Tyler Winklevoss backs Trump as pro-Bitcoin and urges crypto community support

Cameron and Tyler Winklevoss, twins behind Gemini, donated 30.94 Bitcoin, valued at over $2 million,to Donald Trump’s campaign.They donated 15.47 BTC ($1 million) each to Trump to halt the Biden Administration’s crackdown on cryptocurrency, expressing dissatisfaction with the administration’s regulation approach.

Biden’s Crypto Policies Are Opposed

The Winklevoss twins have not only criticised the Biden Administration but have gone ahead to state the specific position that they disagree with. Tyler Winklevoss began an attack on the government for using agencies to halt the advancement of the crypto industry and innovation.

I also just donated $1 million in bitcoin (15.47 BTC) to @realDonaldTrump and will be voting for him in November.Here’s the TL;DR — President Trump is:Pro-BitcoinPro-CryptoPro-BusinessAnd he will put an end to the Biden Administration's war on crypto. Onward! https://t.co/r6iDP7BdbE

— Cameron Winklevoss (@cameron) June 20, 2024

He mentioned “Operation Choke Point 2.0,” claiming that federal agencies pushed banks to steer clear of crypto companies. Tyler believes that these tactics are damaging to the US economy and obstruct technological advancement.

Support for Trump

Both brothers announced their donations on social media and condemned the current government’s actions towards the cryptocurrency industry showing confidence in Trump’s ability to promote a more favourable environment for innovation and economic development.

Tyler Winklevoss agreed with these remarks. He criticised the Securities and Exchange Commission (SEC) for failing to offer clear regulations for cryptocurrencies, instead of relying on outdated legislation. He believes this approach hampers the development of digital assets.

Vision for the Future

The Winklevoss twins emphasise the importance of Trump’s support for Bitcoin and business for the US crypto industry’s future. They call for political change to prevent further damage and foster innovation. Tyler urges the crypto community to support Trump, sending a strong message to Washington..

“President Donald J. Trump is the pro-Bitcoin, pro-crypto, and pro-business choice. This is not even remotely open for debate. Anyone who tells you otherwise is severely misinformed, delusional, or not telling the truth,” Tyler concluded. 

“It’s time to take our country back. It’s time for the crypto army to send a message to Washington. That attacking us is political suicide. This is why I will be casting my vote for President Trump in November and I hope you will too. Onward!”

Read Also:

Winklevoss Warns of a Political Backlash Amidst Crypto Crackdown

Crypto Exchange Gemini Lays off an Additional 7% Of Its Staff

Bitcoin and DOGE Fuel Presidential Showdown Between Trump and Biden and Crypto Donations Make Massive Difference

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

Trump Building Bitcoin Army to Boost 2024 Campaign Against Biden

The post Gemini Twins Back Trump with $2M Donation, Blast Biden’s Crypto Stance appeared first on Crypto News Land.

The ongoing bull run of 2024 has sparked immense interest in the crypto market. Enthusiasts are on the lookout for opportunities beyond the well-known players. Some lesser-known coins are catching attention for their potential explosive growth. Holding these could offer significant returns. Curious to know which coins have the potential to grow 50 times in value in the current market? This article delves into the promising altcoins poised for extraordinary gains. Don’t miss out on the insights.

CYBRO Presale Targets $1 Million: A One-in-a-Million Next GEN DeFi Investment Opportunity

CYBRO is capturing the attention of crypto whales with its exclusive token presale quickly surging towards $1 million. This next-generation 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. In another exciting update, CYBRO has introduced a referral program that runs until July 15. It offers 12% commissions from direct referees’ token purchases, 3% from second-level referees, and 2% from third-level referees. Rewards are distributed weekly in USDT, and referees receive 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.

>>> Enhance Your Crypto Portfolio with CYBRO! Join NOW and aim for future returns up to 1200%! <<<

Wormhole Faces Potential Downturn Amid Mixed Signals

The Wormhole coin shows mixed signals, creating uncertainty in the market. While recent price drops are concerning, its long-term growth sparks some optimism. Current momentum indicators show weakness, hinting at further declines. However, its past robust gains cannot be ignored. This blend of short-term bearish and long-term bullish signals makes the coin’s outlook challenging to predict, pushing traders to adopt a wait-and-see approach.

INJ Faces Bearish Trends Amid Declining Prices

Based on recent data, Injective appears to be in a bearish trend. Prices have dropped significantly over the past week and month. The current price is much closer to its support level than the resistance. Key indicators suggest a downward momentum. This bearish sentiment might affect INJ by deterring potential investors and causing existing holders to reconsider their positions, leading to further price declines.

Starknet (STRK) Price Faces Bearish Pressure, Opportunity for Buyers

Starknet’s recent price movements suggest a bearish short-term outlook, as shown by its significant decline over the past week and month. However, its notable growth over the last six months reveals enduring potential. Investors are likely cautious yet watchful, given the low RSI and Stochastic indices. This environment might attract buyers seeking discounted entry points, particularly if the price dips near support levels. Starknet’s fundamentals could encourage long-term confidence despite current downtrends.

Dipping Sentiment for Blur as Market Metrics Indicate Continued Downtrend

Blur’s market sentiment appears bearish, with prices falling significantly over the past week, month, and six months. Current levels sit near the lower end of its recent range, with resistance levels looming above. Indicators signal weak momentum, suggesting limited upward movement. As a token focused on privacy and decentralization, it needs renewed interest or developments to regain investor confidence. Market participants may remain cautious until more positive signs emerge.

Conclusion

The altseason of 2024 is showcasing promising coins like W, INJ, STRK, and BLUR. However, these coins have less potential in the short term. The main focus is on CYBRO. CYBRO is an earn marketplace using the Blast blockchain technology. Its first release is scheduled for Q2 2024. Investors can enter early with the CYBRO token presale, offering them favorable terms.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

The post Don’t Get Left Behind: Altcoins Set for 50x Gains in the Coming Altseason! appeared first on Crypto News Land.

The U.S. District Court for the Northern District of California dismissed major claims in a class action lawsuit against Ripple.

Despite the victory, the court did not address whether XRP is a security. This critical question will be decided by a jury applying the Howey Test.

Contrasting decisions by Judge Hamilton and Judge Analisa Torres highlight the complexity of the XRP case.

The U.S. District Court for the Northern District of California dismissed several major claims in a class action lawsuit against Ripple, providing a procedural victory for the company. Judge Phyllis Hamilton granted Ripple’s motion for summary judgment on federal class claims for unregistered and state law securities claims, eliminating most class action allegations against Ripple. 

Win for @Ripple in the Oakland class action. Judge grants Ripple's summary judgment motion on federal class claims for unregistered securities as well as the state law securities claims. But these were procedural wins. 1/4 #xrpholders #xrp

— Fred Rispoli (@freddyriz) June 20, 2024

Ripple’s Chief Legal Officer, Stuart Alderoty, expressed satisfaction with the dismissal. However, the court did not address whether XRP is a security. This issue remains unresolved and will be decided by a jury. 

The jury will apply the Howey Test to determine whether XRP meets the criteria for classification as a security. In a separate civil securities lawsuit against Ripple CEO Brad Garlinghouse, a California judge ruled that Garlinghouse will go to trial over allegations of making misleading statements in 2017 about XRP sales. 

The contrasting decisions by Judge Hamilton and Judge Analisa Torres in the Southern District of New York highlight the complexity of the XRP case. Judge Torres ruled that XRP was not a security when sold to retail investors, as it did not satisfy all elements of the Howey Test. 

Legal experts speculate on the potential for settlement in the California case due to low damages and the risk of a negative jury verdict for Ripple. Both parties have upcoming deadlines to reconsider their motions to seal parts of their briefs, with a final decision from the court expected soon. 

Meanwhile, XRP’s price hovers near the local support level of $0.4922, with the market closely watching for any impact from the pending security decision. Ripple may have won a battle, but the war over XRP’s status continues, and its outcome could significantly affect the cryptocurrency’s price.

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Ripple’s Legal Tug-of-War Intensifies: U.S. District Judge Steps in Amid Ex-SEC Official’s Warning

The post Ripple Scores in Oakland Class Action Amid XRP Security Uncertainty, XRP ATH Soon? appeared first on Crypto News Land.

3iQ plans North America’s first Solana exchange-traded product (ETP).

The Solana Fund offers Canadian investors easy exposure to SOL without complex blockchain tech.

Preliminary prospectus filed for Class A and Class F units of The Solana Fund.

3iQ Corp. (“3iQ”), a global pioneer in digital asset investment solutions, has announced that The Solana Fund is on the horizon. This will be North America’s first Solana exchange-traded product (ETP).

Canadian crypto asset company 3iQ announced that it has applied to launch Solana ETP in Canada. The proposed ETP is called Solana Fund and will provide Canadian investors with SOL investment opportunities. If approved, the fund will be listed on the Toronto Stock Exchange and…

— Wu Blockchain (@WuBlockchain) June 21, 2024

The Solana Fund aims to provide Canadian investors with exposure to Solana (SOL), the native digital asset of the Solana blockchain. Unlike traditional investment vehicles, this ETP allows investors to participate in SOL’s price movements without navigating complex blockchain technology.

Preliminary Prospectus Filed

The Solana Fund has filed a preliminary prospectus with securities regulatory authorities across Canada (except for Québec). This move signals an initial public offering of Class A and Class F units of the Fund.

3iQ has applied to list the Class A units of The Solana Fund on the TSX under the ticker symbol “QSOL”. If approved, this listing will mark a significant milestone for the crypto industry.

The Fund seeks to achieve two primary objectives; exposure to SOL and long-term capital appreciation. Unitholders will gain exposure to SOL’s daily price movements, denominated in U.S. dollars. Investors can benefit from potential long-term growth.

 3iQ plans to stake the SOL held in the Fund’s portfolio. By doing so, they aim to earn rewards, which will be reinvested for the benefit of unitholders after deducting applicable fees.

3iQ previously launched The Bitcoin Fund (TSX: QBTC) and The Ether Fund (TSX: QETH), the first publicly traded bitcoin and ether funds in Canada. Additionally, The Ether Fund and the 3iQ Ether Staking ETF (TSX: ETHQ) were the first ETPs in North America to incorporate staking ether into their investment strategies.

Solana, a.k.a the Ethereum killer, boasts remarkable transaction speeds and scalability. As a decentralized network designed for high-performance decentralized applications (dApps) and smart contracts, Solana has caught the attention of investors worldwide.

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Grayscale Fights for Ethereum Spot ETF Approval Amid SEC Delay

The post Solana ETP Set to Shine in Toronto with 3iQ’s New Listing, New SOL ATH Soon? appeared first on Crypto News Land.

USDT 24-hour transaction volume on the Tron Network hit $53 billion, surpassing Visa’s average daily volume of $42 billion.

Visa’s first quarter 2024 trading volume was $3.78 trillion, highlighting the competition between traditional finance and digital currencies.

USDT’s surge is driven by investors seeking stability amid Bitcoin’s price decline, emphasizing the resilience of stablecoins in volatile markets.

Tether’s USDT has surpassed Visa in daily transaction volume, signaling a significant change in the financial landscape. The recent drop in Bitcoin prices is primarily responsible for the spike in USDT transactions on the Tron network. 

The 24-hour trading volume of $USDT on #TronNetwork is $53B, exceeding Visa's average daily trading volume.Visa's trading volume in Q1 2024 was $3.78T and the average daily trading volume was $42B. pic.twitter.com/jolGKIUcxE

— Lookonchain (@lookonchain) June 21, 2024

The stability of stablecoins is drawing increasing interest from investors in periods of market volatility. Investors are able to keep their assets within the cryptocurrency ecosystem with stablecoins like USDT, which provide a reliable option during market volatility.

The 24-hour trading volume of USDT on the Tron Network surpassed Visa’s average daily trading volume, reaching $53 billion. In the first quarter of 2024, Visa’s trading volume was $3.78 trillion, with an average daily transaction volume of $42 billion. This comparison brings to light the dynamic competition between digital currencies and traditional financial systems.

Visa has been a vital component of the traditional financial system since its inception in 1958. Its extensive network processes billions of transactions yearly in more than 200 countries. Visa has a stable and dependable infrastructure, but USDT has outperformed it in terms of average daily transaction volume. 

USDT has revolutionized the financial industry with its $53 billion transaction volume on the Tron network in a single day. Visa may need to research and invest in blockchain technology or consider creating its own stablecoin in order to remain competitive in the changing financial environment.

The crucial role that stablecoins like USDT play in modern financial transactions is becoming increasingly recognized by their increasing adoption. This development represents a shift in how financial systems operate in the digital age, ushering in a new era of competition between traditional and digital financial infrastructures. 

Read Also

Visa Has Filed Applications To Launch Its Own Bitcoin Wallet

VISA Accelerates Blockchain Adoption with Alchemy Pay

Visa Chooses Solana for Stablecoin Settlement Pilot: Here’s Why

Visa’s Game-Changing Move: Paying Ethereum Gas Fees with Cards

How Visa is Pioneering USDC Settlements on Solana

The post USDT Tether Overtakes Visa On Daily Transactions: A Glimpse Into the Future of Finance appeared first on Crypto News Land.

In Q2 2024, the cryptocurrency market has seen significant fluctuations. Solana and Toncoin are grappling with significant price declines and bearish indicators. Solana, facing a steep drop and decreased network activity, and Toncoin, experiencing selling pressure, reflect broader market struggles. Amid these challenges, BlockDAG stands out with its recent $52.3 million presale and advanced DAG technology, offering robust security and scalability. With promising features like mobile mining and significant passive income potential, BlockDAG is capturing attention and establishing a solid presence in the crypto space.

Solana’s 28% Drop 

Recently, Solana’s (SOL) price has plummeted sharply, descending from a high of $210 in March to enter a deep bear market with a 28% drop. This decline mirrors broader struggles within the cryptocurrency sector, where Bitcoin and Ethereum have both failed to breach their respective high resistance levels. Additionally, the total value locked (TVL) within the Solana ecosystem has also decreased from $10 billion to $9.4 billion, reflecting stalling network activities. Despite these challenges, Solana maintains a strong position as the second-largest blockchain network, serving as a key platform for significant decentralized exchanges and meme coin developments. 

Looking forward, potential regulatory developments, such as the SEC’s consideration of Ethereum ETFs, could pave the way for Solana-based ETFs, attracting substantial institutional interest. However, current technical indicators suggest a bearish outlook, with the SOL price potentially dropping an additional 15% to reach the support level at $130.

Toncoin’s Price Plunge: Can It Bounce Back? 

Recently, Toncoin (TON), linked to the popular messaging app Telegram, saw its price drop nearly 10% from a high of $7.54 to $7.03. This decline triggered analysis among investors and analysts, focusing on the causes and recovery prospects. Initially, robust buying interest drove Toncoin’s price to its peak. However, subsequent profit-taking led to decreased demand. Key indicators, including a reduction in active addresses and a declining Relative Strength Index (RSI), suggest an increase in selling pressure and a potential downtrend.

Moreover, technical analysis reveals that Toncoin has been trading in an ascending channel, facing resistance at $8.64 and support at $6.8. With current trends showing potential further declines, a recovery would depend on reversing bearish signals and boosting investor confidence. Despite current challenges, developments within the Toncoin ecosystem offer hope for stabilization and recovery as market dynamics continue to evolve.

BlockDAG’s $52.3M Presale and DAG Innovation 

BlockDAG’s recent presale, raising over $52.3 million, has thrust it into the spotlight, challenging crypto giants like Kaspa and Solana. Its utilization of Directed Acyclic Graph (DAG) technology places BlockDAG at the forefront of blockchain innovation, boasting unmatched security and scalability, with the capacity to handle 15,000 transactions per second. Additionally, the network’s X series miners, including the X10, X30, and X100, offer users the potential for significant passive income, ranging from $10 to $100 daily.

Furthermore, BlockDAG’s rise is marked by the beta release of the X1 miner app, simplifying mobile mining and expanding its user base. This feature, coupled with its robust technical foundations, has seen the presale reach its 18th batch, with BDAG coin prices soaring by 1120% from the initial batch.

Moreover, BlockDAG’s presence is now visible in major crypto hubs like Japan and London, reflecting its growing global appeal. Inspired by Bitcoin and Kaspa, BlockDAG’s architecture leverages DAG to process multiple blocks simultaneously, enhancing efficiency and reducing confirmation times. This innovative approach makes it a preferred platform for developers creating meme coins and decentralized applications (DApps). 

BlockDAG’s trajectory from an underdog to a market leader is a testament to its cutting-edge technology and strategic vision, promising substantial returns on investment and a solid place in the cryptocurrency hierarchy. 

The Bottom Line 

In Q2 2024, the cryptocurrency market has seen significant fluctuations. Solana and Toncoin are grappling with significant price declines and bearish indicators. Solana, facing a steep drop and decreased network activity, and Toncoin, experiencing selling pressure, reflect broader market struggles. Amid these challenges, BlockDAG stands out with its recent $52.3 million presale and advanced DAG technology, offering robust security and scalability. With promising features like mobile mining and significant passive income potential, BlockDAG is capturing attention and establishing a solid presence in the crypto space. 

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 Cryptos to Watch in Q2 2024: BlockDAG Presale Soars, Crypto Whales Join Amid Solana’s 20% Drop and Toncoin’s 10% Dip appeared first on Crypto News Land.

Analyst says altcoin bottom is in and massive gains can be made before the year is up.

A big range of altcoins seem to be oversold and holding now could bring big gains.

XRP prints highly bullish signs with expectation of $8-$27 XRP price on the horizon.

The crypto market continues to sway towards the recovery phase and reputed analysts voice their thoughts on the matter. In particular, many believe that altseason is just around the corner and many altcoins and printing bullish signals. Bull waves or god candles? What can we expect? 

According to silver-tongued crypto analyst, Doctor Profit, known for his accurate market predictions, the bottom for altcoins is in. In his latest post he confirms that most altcoins have been oversold. He also adds that the bottom area has been met and in the next 30-45 days buying price will be too high. 

Your reminder that most of altcoins are massively oversold. My altcoin report told you everything you need to know.This is bottom area right now, whoever is wasting time here will regret in 30-45 days and buy at higher prices!

— Doctor Profit (@DrProfitCrypto) June 20, 2024

Just recently, Doctor Profit dropped a detailed altcoin report for what traders and investors can expect in Q3 and Q4 of 2024. Specifically, he said ‘unimaginable gains’ will be made during this time. To show his confidence in his altcoin spike prediction, he event dropped his buy orders for multiple altcoins including JASMY. 

JASMY, XRP, and VET price predictions have been coming out in troves over the week. Of many altcoins like ETH, OP, BNB, TON, and NOT that are expected to go high, VET, XRP, and JASMY are also expected to break new ATHs. 

Speaking of XRP, another popular trader shares his expectations for what can be expected for XRP price action in the coming days. According to Egrag Crypto, XRP just printed a bullish candle formation. He marks this formation as the XRP quarterly hammer.

#XRP Quarterly Hammer – #Bullish Candle Formation: #XRP on the 3-month time frame has shown 2 Hammer Candles before major pumps:1) April-June 20162) July-September 2017 Right now, #XRP needs to close the next 3-month candle above $0.55-$0.58 in the next 10 days to form… pic.twitter.com/7tQhN8BBnY

— EGRAG CRYPTO (@egragcrypto) June 20, 2024

Additionally, he says that when XRP prints two hammer candles within a last 3-month time frame, massive gains occur. Sharing charts to back his observations, he highlights the last times this formation occurred was between April-June 2016 and between July-September 2017.

Therefore, the analyst believes that if XRP prints the same hammer once again within the mentioned time frame then XRP can pull a 1700% price spike to hit $8 price in July 2024. He says if a hammer comes in the next 6 months then the pump will be 5500% taking the price to $27.

Read Also

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Dogecoin Price Chart Prints Same Bullish Pattern as 2021 God Candle, New $1 DOGE Price ATH Loading This Bull Cycle

Bitcoin Bull Run Approaches, Fourth Green Candle Ahead

The post XRP Prints Bullish Candle Formation as Altcoins Prints Bottom Amidst Oversold Call, Altseason Steps Closer   appeared first on Crypto News Land.

Are you ready to catch the next ample opportunity in the crypto world? While Cosmos (ATOM) has market pressure with a 22% price drop in the past two weeks and Bonk (BONK) struggles to maintain investor interest with a 10% decline in just a week, MoonBag Crypto is making waves with its presale. The MoonBag presale is live, promising impressive returns and a range of benefits. With an ROI of 9900% predicted by analysts, a tax-free environment, and a well-structured plan, MoonBag is capturing the attention of investors worldwide. The presale has already raised over $2.6 million, showcasing its potential to become a top crypto among meme coins.

MoonBag offers a strategic advantage with its 88% APY on staking during the presale, ensuring substantial growth for early investors. In the ongoing Stage 6, 1 MBAG is priced at 0.0003 USDT, allowing you to get a significant amount of MBAG coins for your investment. With 3,333.33 MBAG coins per 1 USDT, the benefits of joining the presale early are clear. Additionally, MoonBag’s robust liquidity plan includes locking 20% of the total supply for two years, and a substantial marketing budget ensures the project’s long-term viability and growth. The referral program further sweetens the deal by offering additional rewards. Take advantage of MoonBag, the Best crypto presale in June 2024; now is the perfect time to join and ride the MoonBag rocket to the moon!

Cosmos (ATOM) Sees Bearish Signals and Market Pressure

Cosmos (ATOM) has many hurdles that are hindering its growth. The current price is lower than its all-time high price, with a 22% drop in the past two weeks. Cosmos has seen a 14.30% price decline in the last seven days, underperforming compared to other cryptocurrencies. The Fear & Greed Index is at 74 (Greed), signalling potential market corrections. Cosmos faces stiff competition from projects like Moonbag, which aims to solve blockchain interoperability issues. These factors, combined with a general bearish sentiment and high volatility, suggest that Cosmos struggles to maintain a stable and positive growth trajectory.

 

Bonk’s Decline Raises Investor Concerns as Competition Grows

Bonk (BONK) cryptocurrency has been facing some problems. Its price has dropped by more than 10% in just a week. Investors are worried that it did not perform well once it was profitable. Analysts believe the price might fall even more, creating further concerns. Additionally, Bonk needs help to stay popular as new meme coins enter the market, making it harder to keep investors interested. To succeed, Bonk needs to improve its technology and keep its community engaged, but current trends show that it has much work to do in these areas.

MoonBag Named the Best Meme Coin Presale with Unmatched Benefits and Features

Jump aboard the MoonBag rocket as it takes the crypto world by storm! MoonBag, the best crypto presale in June 2024, is live, offering investors the chance to get in early on the most exciting meme coin presale 2024. With an impressive $2.6 Million already raised in Presale Stage 6, MoonBag has proven to be a great contender in the crypto market. MoonBag’s strategic approach includes a solid tokenomics plan, ensuring stability and growth. With 40% of the total supply (38,535,000,000 MBAG coins) allocated for the presale and another 20% (19,267,500,000 MBAG coins) locked for liquidity for two years, investors can be confident in the project’s long-term viability. Moreover, community and referral incentives further enhance the attractiveness of this meme coin. With such a well-thought-out structure, MoonBag is a unique opportunity among the best meme coin presales.

The MoonBag presale offers more than just an opportunity to buy a promising new coin; it also includes lucrative staking rewards. Investors can earn an impressive 88% APY with MoonBag staking by participating in the presale. This high return rate is available for all coins staked during the presale, with rewards vested for three months after listing. The staking process is simple and secure, allowing investors to grow their holdings while supporting the project’s liquidity. MoonBag’s Buyback & Burn Events, which will take place over 3-6 months, are designed to increase the coin’s rarity and value. Each event will inject $500,000 back into the market, reducing the total supply and driving up the price of MBAG coins. With a solid commitment to investor returns and market stability, MoonBag’s staking and buyback strategies are critical to its success.

MoonBag Crypto: Potential Game-Changer in the Crypto Market

In conclusion, MoonBag Coin presents a compelling investment opportunity with its strategic presale, staking rewards, and buyback events. Analysts are buzzing with predictions that MoonBag could reach $1. The project’s achievements, such as raising over $2.5 million in a short period, demonstrate its potential to become the next big thing in the crypto world. Participating in the MoonBag presale enables investors benefit from early access and high staking rewards while contributing to a project with a clear vision and robust plan for future growth. With figures like 38,535,000,000 MBAG coins allocated for presale and 19,267,500,000 MBAG coins locked for liquidity, MoonBag’s benefits and features cannot be overstated. Don’t miss out on this stellar opportunity to ride the MoonBag rocket to the moon!

Invest In MoonBag Presale

Website: MoonBag.org 

Presale: MoonBag Presale  

Twitter: https://twitter.com/moonbag_org 

Telegram: https://t.me/moonbag_official 

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