What could be better than securing $12,000 daily? BlockDAG stands as the best-performing crypto, boasting innovative mining technologies and an eco-conscious approach. Amid the huge success of its presale, as it amasses $56.9 million and counting, analysts predict a massive surge of $20 by 2027 in BDAG coin’s value, boosting its X30 miner’s capability to generate up to $12,000 daily. 

Meanwhile, Litecoin investment has emerged as a promising option due to its rapid transaction capabilities and minimal fees, asserting its potential amid growing investor confidence. However, uncertainty surrounding Bitcoin’s next move continues to stir caution among investors, especially with potential indicators pointing toward a downturn.

Growing Optimism for Litecoin’s Investment Potential

Analysts are optimistic about Litecoin’s investment potential, spurred by recent positive price movements and growing investor confidence. Leveraging blockchain technology, Litecoin investment offers rapid, secure, and cost-effective payment solutions, processing transactions swiftly with minimal fees. Its surge in value, fueled by expanding adoption and robust on-chain metrics, positions Litecoin as a formidable player in the cryptocurrency realm. 

With substantial liquidity relative to its market cap and a neutral 14-day Relative Strength Index (RSI), Litecoin investment emerges as a promising option amidst forecasts of year-end growth. Investors are considering Litecoin as a strategic component of their portfolios, anticipating sustained positive momentum in the months ahead.

Analysing Bitcoin’s Potential for a Significant Downturn

Amidst a global cryptocurrency market cap, Bitcoin faces uncertainty with indicators suggesting a looming significant downturn. Analyst Alan Santana predicts potential scenarios like an SD-Wave or SSD-Wave, which could lead to substantial price declines. Decreased trading volume over recent months indicates waning buying momentum, a precursor to major downward shifts. 

Resistance at key levels underscores critical support thresholds that, if breached, could trigger deeper declines. Altcoin movements are a bellwether for Bitcoin’s trajectory, highlighting correlations investors should monitor closely. As market signals remain mixed, preparing for Bitcoin’s next move is crucial amid heightened volatility and bearish sentiment.

BlockDAG’s Eco-Conscious Mining & X30 Potential Profits 

One of the best-performing cryptos nowadays is BlockDAG, which offers multiple distinguishing features in the mining industry and has secured a stunning $56.9 million in its presale. BlockDAG puts an effort to reduce the environmental impact of mining. Moreover, its mining process utilises sophisticated heat sinks and thermal pads to ensure optimal performance and cooling. 

Additionally, cutting-edge algorithms maximise resource extraction efficiency, promoting stable and eco-friendly operations. BlockDAG is recognised for its eco-conscious approach, prioritising energy efficiency and minimising environmental impact and noise compared to traditional consensus mechanisms. BlockDAG ensures minimal device resource drainage, enabling mining accessibility across various devices with reduced hardware requirements and energy consumption.

BlockDAG has sold over 8800 X Series miners, totalling $3.6 million in sales. Its X Series miners feature models like X10, X30, and X100 to cater to diverse miner needs. The X30 model boasts a remarkable 280 GH/s hash rate, powered by advanced ASIC technology, appealing to novice and seasoned miners seeking reliable income potentials. 

Analysts foresee a promising future for BDAG coins, which are currently priced at $0.014 in batch 19 and are projected to reach $20 by 2027. If we explore the mining profits of the X30 miner, for instance, this mining rig is capable of mining 600 BDAG daily. When BDAG’s value rises to $20 by 2027, the X30 will potentially generate an effortless $12,000 daily income. This highlights BlockDAG’s commitment to innovation and profitability in the evolving digital economy. 

Wrapping Up 

Compared to the volatility surrounding Litecoin’s investment and the uncertain future of Bitcoin’s next move, BlockDAG represents a robust and forward-thinking choice. It aligns with current environmental standards and promises substantial economic returns, especially with miner models like the X30 offering $12,000 daily profits by 2027. 

As the best-performing crypto in the current market, BlockDAG’s strategic approach to eco-friendly mining and astonishing presale figures underscore its potential as a superior investment, making it an optimal choice for novice and experienced investors seeking stability and growth.

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 Analysts Predict BlockDAG to Hit $20 by 2027! Insights on Litecoin Investment & Bitcoin’s Next Move appeared first on Crypto News Land.

Willemstad, Curacao, July 11th, 2024, Chainwire

The iGaming platform BC.GAMEO has signed a landmark $40 million deal to become the “Official Principal Partner” of English football club Leicester City, according to an announcement from Leicester City on July 5. This partnership marks one of the most significant in Leicester City’s history, with BC.GAME’s branding set to prominently feature on the shirt-fronts of Leicester City’s Men’s First Team and adult replica shirts starting from the 2024/25 season.

As part of the expansion, BC.GAME will introduce its proprietary cryptocurrency, $BC, a native token of the BC.GAME platform designed to provide unique value to both token holders and platform users through a variety of incentives and practical features. $BC serves not only as the governance token but also as the utility token for the game products on BC.GAME.

Introducing $BC: Elevating the iGaming Experience

BC.GAME has introduced $BC, a new cryptocurrency designed to elevate the player experience on its platform. Responding to extensive community feedback, $BC aims to provide users with a more integrated and rewarding experience. This token will be at the heart of the gaming ecosystem, enabling transactions for in-game purchases, access to exclusive features, and more.

The launch of $BC marks a significant step forward in the platform’s development. The cryptocurrency will not only enhance the gaming experience but also foster a sense of community among players. By integrating $BC into the platform, BC.GAME ensures that users can enjoy seamless transactions and exclusive benefits that were previously unavailable.

BC.GAME has been a significant supporter of the Bitcoin Lightning Network since 2019, demonstrating its commitment to advancing the crypto space. Reflecting this support, BC.GAME has innovatively transformed the ‘B’ in its logo on the jerseys to ‘₿’. According to the rankings on 1ml.com, BC.GAME’s node is positioned at 16th, further showcasing its prominent role in the crypto community.

Robust Tokenomics and Growth Strategies

To support the growth of $BC, BC.GAME plans to implement community airdrops, liquidity mining, and comprehensive marketing strategies. These initiatives, underpinned by a robust tokenomics framework, are expected to create a vibrant market and deliver consistent value to users. The community airdrop will reward early supporters and active participants, while liquidity mining will ensure that $BC remains a stable and valuable asset.

BC.GAME’s comprehensive marketing strategy includes collaborations with influencers, partnerships with other platforms, and targeted advertising campaigns. These efforts aim to increase the visibility and adoption of $BC, ensuring its success in the competitive crypto market.

Strategic Partnership with Leicester City Football Club

BC.GAME has also entered a notable partnership with Leicester City Football Club, running from August 2024 to May 2026. As part of this agreement, BC.GAME’s logo will be featured on Leicester City’s team jerseys, significantly enhancing the platform’s global visibility.

Leicester City celebrated for its unexpected Premier League victory in 2016 and its FA Cup win in 2021, is a club with a rich history and a passionate fan base. This partnership aligns with BC.GAME’s strategy to connect with prestigious sports entities and leverage the club’s international appeal. The collaboration will not only boost brand recognition for BC.GAME but also provide Leicester City fans with exciting new opportunities to engage with the team.

About BC.GAME

BC.GAME is an innovative online casino platform continually redefining industry standards. Committed to providing innovative solutions, BC.GAME creates a secure, fair, and professional service environment. Utilizing cutting-edge blockchain technology, BC.GAME ensures the highest standards of security and fairness for its users.

Contact

Olivia DixonBC.GAMEoliviadi@bcgame.com

The post iGaming Platform BC.GAME Signs $40 Million Deal to Become Principal Partner of Leicester City appeared first on Crypto News Land.

TRON (TRX) achieves record transaction volumes despite recent price fluctuations.

NEAR Protocol nears one million users with a $6 billion market cap and 60% growth rate.

BlockDAG’s $2M giveaway showcases commitment to user engagement and accessibility.

The second half of 2024 is expected to be a period of tremendous growth for the TRON ecosystem, which is now undervalued in the cryptocurrency market. Despite recent price fluctuations, TRON is establishing new transaction volume records, indicating resilience in a time of market struggles.

I have a feeling that the second half of this year will be a period of explosive growth for the Tron ecosystem. The current value of the Tron ecosystem is seriously underestimated.

— H.E. Justin Sun 孙宇晨 (@justinsuntron) July 10, 2024

TRON (TRX) has recently achieved noteworthy transaction volume records, underscoring its robustness in the face of market volatility. This achievement, coupled with a substantial increase in total active addresses, positions TRON favorably for potential bullish trends in the upcoming quarter.

Despite some concerns arising from TRON founder Justin Sun’s transfer of 173M TRON to Binance, which could potentially affect short-term prices, the overall outlook remains positive. Investors are closely monitoring TRON’s growing ecosystem and its potential to have a major impact on market movements in the coming months.

NEAR Protocol and BlockDAG have also achieved major milestones in 2024. NEAR Protocol has been experiencing a rapid expansion, with a user base nearing one million and a market capitalization of around $6 billion. The platform has seen a significant increase in daily users and fee revenues, indicating consistent and solid growth.

BlockDAG has proven its dedication to community engagement and user accessibility with its recent $2 million giveaway effort. With giveaway spots fast filling up, BlockDAG cements its position as a leader in defining the future of cryptocurrency through innovative initiatives.

The TRON (TRX) ecosystem, which is solid and undervalued, is positioned for major growth as we face the second half of 2024. TRON demonstrates its capacity to lead the charge in the cryptocurrency world, with strong transaction records and an optimistic outlook. Investors are closely following developments, anticipating bullish trends that could reshape the financial market in the coming months.

Read Also

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Tron Price Prediction 2024 to 2031: Will TRX Price hit $0.5100 Soon?

The post TRON Ecosystem Gears Up for Explosive Growth in Second Half of 2024 Amid Undervaluation and Market Resilience appeared first on Crypto News Land.

Investors in Theta Network and AAVE have been nursing heavy losses in the recent market chop and will be hoping for a turnaround in fortunes soon. However, a new token will likely outperform Theta Network and Aave in the short term with its potential for enormous gains.

Rollblock ($RBLK) is a brand new entrant in the play to earn space and is set to revolutionize the lucrative GambleFi space this year. Currently in presale and selling out fast, RBLK is on many investors’ watchlists and is tipped to make enormous gains in the remainder of the year. Experts are calling for gains of up to 880% before Rollblock even completes the presale!

Theta Network ($THETA) Down Over 50% and Looking For Support to Hold 

Theta Network ($THETA) has disappointed investors during the recent market dip and is down 54% over the last 3 months. At the time of writing, Theta Network was priced at $1.32. Recent volume has been comparatively low, suggesting that many investors have lost interest in Theta Network and moved on to coins with more cutting-edge technology.

Theta Network token’s focus on AI and Big Data will no doubt capture strong investor interest in the event of a market reversal, but the project risks losing holders to newer more lucrative projects. 

Aave ($AAVE) Bulls Must Step In To Prevent Further Fall

Aave ($AAVE) has also suffered from a period of heavy losses as the market has chopped around since March. Down over 30% in the last 30 days alone, Aave investors will be watching carefully for a bounce here above $1.25.

AAVE bulls must step in soon and bring the buying pressure if the Aave price is to ever swing back to an uptrend and reclaim the yearly highs above $3. In the meantime, newly launched coins will no doubt go on to explode in growth, and AAVE holders have started hedging with an allocation to Rollblock.

Investors Watch Rollblock ($RBLK) Hype Accelerate During Presale

Rollblock ($RBLK) is a first in the GambleFi space – a fully regulated, community-backed iGaming native platform that brings the best of Web3 to the traditional world of online gaming. With all Rollblock bets and transactions inscribed on the Ethereum blockchain, players can be sure their bets won’t be manipulated or changed after being placed. This puts trust and transparency at the core of Rollblock’s values.

Registration could not be easier as there is no requirement for cumbersome KYC upon signing up. Players can merely submit an email address, ensuring complete anonymity. Simply connect a crypto wallet or deposit in any number of crypto coins (Bitcoin, Ethereum, Solana etc) and receive a free deposit bonus of up to 15%!

Once inside Rollblock, players can explore over 150 incredible AI-powered games including familiar favorites such as poker and Monopoly as well as a host of exclusive new launches. A sports betting feature will be added soon which will enable betting on soccer, NBA, golf and MMA, plus many other events. 

The native token RBLK is used for in-game payments and offers tremendous utility on the platform. Players can stake their holdings for up to a massive 30% APY, one of the most generous reward rates in crypto. RBLK has been designed with impressive tokenomics, including a hard cap of one billion coins and a revenue sharing scheme that will see the casino take a portion of its weekly profits to buy RBLK on the open market. 

This will result in millions of dollars of tokens being purchased each week, supporting $RBLK’s price and reducing the circulating supply. These tokens are split between being burned forever and allocated to stakers as passive income.

As massive demand meets dwindling supply, investors can expect fireworks as an inevitable supply squeeze will send the RBLK price soaring. The presale token price is just $0.0154 right now, meaning that there will never be a better time to invest. 

Over 75% of stage 3’s allocated tokens have already been bought up and the presale is seeing incredible levels of interest from investors. Experts are predicting a 100x move for this crypto gem, and investors are urged to make an allocation today!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!Website: https://presale.rollblock.io/ Socials: https://linktr.ee/rollblockcasino

The post THETA and AAVE Unlikely To See Bullish Reversal Soon; This Ethereum Token Likely Better Bet For Huge Short Term Gains appeared first on Crypto News Land.

XRPL Accelerator selects diverse projects including DeFi and real-world assets.

Up to $100,000 in funding provided per project, with mentorship and networking opportunities.

Projects like Alt DRX and Moai Finance aim to revolutionize real estate and asset liquidity.

The XRPL Accelerator Launch Program has announced the latest cohort of innovative blockchain projects, selected from more than 150 applications. These projects range in various sectors, including decentralized finance (DeFi), decentralized identification (DID), infrastructure, real-world assets (RWA), and verifiable credentials. 

The XRPL Accelerator Launch Program provides builders with the resources, mentorship, and funding they need to turn their ideas into reality.We’re excited to announce our first cohort!https://t.co/f5ir4mnZze

— RippleX (@RippleXDev) July 10, 2024

Each project that is chosen will be awarded a grant of up to $100,000 in addition to important networking opportunities and industry expert mentoring. One of the notable ideas picked for this program is Alt DRX, which takes an original approach to real estate investment by tokenizing square footage into tradeable digital assets known as Property Tokens. 

These tokens indicate a proportional value in certain properties managed by a Special Purpose Vehicle (SPV), which increases liquidity and market participation in real estate transactions. Moai Finance is working on a cross-chain DEX aggregator and multi-chain DEX to increase XRPL asset liquidity. 

Their main solution is an automated market maker (AMM)-based decentralized protocol to enable seamless asset exchange across many blockchains. Propto is another project selected in the program and it specializes in a decentralized exchange and tokenization platform that allows commercial property owners to fractionalize and offer their assets on-chain. 

This innovation expands access to commercial real estate investments by enabling smaller investors to engage in a previously limited market. MC² Finance’s creative infrastructure facilitates a robust digital asset fund marketplace while Ryzer seeks to revolutionize real estate investment through tokenization by providing a platform for fractional property ownership.

The XRPL Accelerator’s is dedicated to encouraging innovation on the XRP Ledger by providing substantial cash, mentorship, and networking opportunities. The program assists builders in developing their ideas and accomplishing major advances across several sectors. 

As these initiatives develop, they aim to make major contributions to the blockchain ecosystem. The XRPL Accelerator Launch Program continues to play a key function in promoting blockchain technology by incubating broad and innovative ideas that leverage the power of the XRP Ledger. 

Read Also

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The post XRPL Accelerator Launches New Cohort of Innovative Blockchain Projects appeared first on Crypto News Land.

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

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

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

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

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

— Eleanor Terrett (@EleanorTerrett) July 11, 2024

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

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

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

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

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

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

Read Also

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

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

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

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

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

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

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

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

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

Ethereum 2.0: A Growing Staking Powerhouse

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

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

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

— Santiment (@santimentfeed) July 10, 2024

Economic Implications of ETH Staking and Market Resilience

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

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

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

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

Read also:

Justin Sun Supports Binance: Deposits 100M USD

Justin Sun: TRX Trading on FTX_Official has Resumed

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

Justin Sun and SBF Could Be the Buyers of Huobi Global

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

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

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

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

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

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

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

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

— Brad Garlinghouse (@bgarlinghouse) July 10, 2024

Skepticism and Criticism

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

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

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

XRP’s Market Performance

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

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

Read also:

US House Democrats Not Whipped on Crucial Crypto Legislation

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

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

Liberates and Democrats Lead US Bitcoin Tech Adoption

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Read Also

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

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

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

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

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

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

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

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

— Armando Pantoja (@_TallGuyTycoon) July 10, 2024

Current Price and Support Level

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

Source: Armando Pantoja on X

Resistance and Future Projections

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

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

Recent Performance and Market Comparison

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

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

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

Read also

XRP Holds Firm at $0.50: Potential Reversal Ahead?

XRP at Crucial Crossroads: Will $0.48 Support Spark Bullish Reversal?

Cardano: Defending Key Support Levels Signals Potential Reversal

XRP’s Crucial Battle: Breaking $0.55 Resistance for Reversal

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

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

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

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

Dogwifhat Faces a Rocky Road

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

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

Filecoin’s Ambitious Price Goals: A Tough Climb

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

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

BlockDAG’s CEO & Team Reveal: Catalyst for Growth

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

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

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

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

Closing Remarks

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

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Read Also

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

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

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

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

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

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

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

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

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) July 10, 2024

Event Moves to Nashville

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

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

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

Contrasting Views on Cryptocurrency

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

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

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

Trump’s Crypto Policy Integration

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

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

Read also

Donald Trump Advocates for U.S. Leadership in Cryptocurrency

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

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

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

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

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

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

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

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

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

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

Immutable X – The NFT Revolution You Can’t Ignore

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

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

MoonBag’s Approach To Scalability 

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

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

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

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

Easy Way To Buy MBAG Coins 

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

Wrapping Up – Why MoonBag Is The Talk Of The Town 

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

Invest in MoonBag Presale

Website: https://moonbag.org/ 

Presale: https://moonbag.org/presale 

Telegram: https://t.me/moonbag_official

Twitter: https://twitter.com/moonbag_org 

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

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

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

Dogwifhat’s Market Challenges

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

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

Filecoin’s Price Ambitions

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

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

BlockDAG’s Big Reveal Poised to Boost Prices

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

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

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

Logging Off

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

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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

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

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

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

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

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

— John Morgan (@johnmorganFL) July 10, 2024

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

Growing Legal Tensions and Proceedings

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

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

Implications and Future Actions

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

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

Industry Reactions and Regulatory Impact

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

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

Read also:

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

Binance Embraces Semi-Automation for Token Reserves Management

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

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

Coinbase Prevails in Lawsuit Over Secondary Sales of Crypto Transactions

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

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

Ethereum Classic Faces Downturn: A Deep Dive Into the Causes

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

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

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

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

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

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

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

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

Summary

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

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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

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

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

NEAR Protocol Witnesses Surge in Engagement

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

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

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

BlockDAG Leadership to Engage Community in Upcoming AMA

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

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

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

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

Final Reflections

BlockDAG’s forthcoming AMA, succeeding its $57.1 million presale, is set to enhance transparency and strengthen investor trust. As NEAR Protocol experiences user growth and Litecoin continues through its cyclical journey, BlockDAG’s progressive strides are creating significant investment opportunities with a remarkable 1300% rise in price. As these events unfold, investors are poised to make strategic decisions with BlockDAG, eyeing substantial returns in the evolving cryptocurrency landscape.

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

The post BlockDAG’s Most Awaited AMA on July 30th: A Leap to $10 by 2025? NEAR & Litecoin Tread Water appeared first on Crypto News Land.

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

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

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

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

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

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

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

MoonBag’s Rapid Ascent: Leading the Crypto Presale Market

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

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

A Comprehensive Guide to Acquiring MoonBag Coins

To secure MBAG coins, follow these clear steps:

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

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

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

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

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

Maximize Your Rewards with MoonBag’s Referral Program

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

Conclusion 

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

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

Invest in MoonBag Presale 

Website: https://moonbag.org/

Presale: https://moonbag.org/presale

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

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

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

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

DADDY Tate’s Price Peaks Yet Underwhelms

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

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

Polygon (MATIC) Eyes Substantial Returns

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

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

BlockDAG’s Team to Be Unveiled on July 29th

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

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

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

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

Final Insights

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

Join BlockDAG Presale Now:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

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

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