#SPONGE #Minetrix #kombat #altseason2024 #altcoin Small-cap cryptocurrencies are, of course, a riskier proposition than their larger market value counterparts. However, high income most often comes from companies at an early stage of development. In the cryptocurrency environment, these are those projects that have not yet listed their coins on exchanges and sell them at a discount. This means traders can buy more assets at a low cost and expect potential growth after listing. This article looks at what new cryptocurrencies you can add to your investment portfolio in the near future. Top 3 Tokens to Buy During Altcoin Season According to industry analysts, these cryptocurrencies will be the leaders of the 2024 bull season. Bitcoin Minetrix - a new solution for mining BTC on based on Ethereum, which makes the industry accessible to everyone. The pre-sale has already raised $8.4 million, and the token is currently worth only $0.0128. SPONGE V2 is the successor to the popular SPONGE cryptocurrency, which was launched in May 2023 and reached a market capitalization of $100 million. V2 can be obtained exclusively through staking V1.Meme Kombat is a meme-based platform where famous characters fight each other and investors place bets on the outcomes in exchange for rewards. The final stage of the presale has begun, which means the last opportunity to buy the token at a discount for $0.279. Bitcoin Minetrix - a new concept for affordable mining Given the innovative concept that will make Bitcoin mining more accessible, Bitcoin Minetrix (BTCMTX) may become a sought-after token in the current and subsequent years. The project offers a way to “mine” cryptocurrency without the need for expensive equipment and without any negative consequences for nature. BTC mining is carried out using staking. The BTCMTX coin (project token) can be staked in a pool in exchange for cloud mining credits. These assets are then burned to generate hashing power, which yields rewards in Bitcoin. The pre-sale generated over $8.4 million. A total of 4 billion BTCMTX tokens will be issued, the current value of one asset is $0.0128. At the final 39th stage it will rise to $0.0148. The team allocated 42.5% of the total volume for mining and 7.5% for staking.Staking Bitcoin MinetrixOne of the advantages of this project is that its concept is related to the Bitcoin economy. For this reason, it is expected that the shortage of tokens caused by the BTC halving may lead to an increase in the use of Bitcoin Minetrix and, accordingly, the value of the BTCMTX coin. The advantages of the platform include: double income: BTC coins and project tokens mined through staking; offers flexible conditions for mining participants: the investor does not need to enter into a contract, and he can withdraw and sell rewards at any time; traders can join the “mining” of BTC by investing $10. Disadvantages include: the profitability from staking will definitely decrease over time; despite the Bitcoin Minetrix initiative , the mining industry will continue to be dominated by corporations with both financial power and technical expertise. SPONGE V2 is an updated version of the token that has grown by 80% in a month Crypto project Sponge built its marketing campaign around SpongeBob SquarePants and was able to in the first month of trading to reach a market capitalization of $100 million. And although the value of the asset has since decreased, the news of the release of a new version of the SPONGE V2 coin is likely to revive the enthusiasm of market participants.The token will differ from its predecessor in two important characteristics: the method of receipt and utility. The introduction of new coins is facilitated by the Stake-to-Bridge approach, in which holders of the V1 version can switch to the new V2 smart contract by staking their assets. Coin locking also provides an additional opportunity to receive SPONGE V2 tokens as a bonus reward. The panel currently hosts a significant number of coins - over 5 billion. The supply of SPONGE V2 will be limited at first, meaning that demand may significantly exceed supply. More importantly, in the long term, listing SPONGE on major exchanges, which is part of the developers' plans, will expand the fan community and open the project to new audiences. Benefits: Potential income can be supplemented by the racing game Sponge, which provides the opportunity to earn coins; Investors can passively receive 323% per annum; the more original tokens are blocked in staking, the more new assets the owner will receive. Disadvantages: the project still has a small community - approximately 30,000 people;To get SPONGE V2, you need to buy V1 coins, the price of which can change dramatically. Meme Kombat - a fighting game with characters from famous memes Meme Kombat (MK) is a new concept in the field of meme tokens, providing the opportunity for the most successful Internet characters to participate in fights. Spectators can bet on the outcome of the battle with automatic distribution of rewards. As for tokenomics, the total supply of the MK project’s own token is 120 million. The supply is distributed as follows: 50% for pre-sale, 30% goes to staking and rewards for battles, 10% for liquidity on DEX and 10% for community members. The final presale stage is currently underway, and the coin can still be purchased at a discounted price of $0.279. This project proposes an idea that has not yet been put forward, so it may be popular among supporters of meme coins. The MK token may also benefit from the macroeconomic situation in 2024. Analysts predict that a bull market for cryptocurrencies will soon begin, which is good news for all assets. Additional advantages: Season 2 will introduce new fighting styles and characters that will be selected depending on feedback from ecosystem participants;the founder of the project (Matt Whiteman) is available via LinkedIn; the current APY profitability is at the level of 137%. Cons: you can bet on fights exclusively in the MK token; the success of the cryptocurrency largely depends on the popularity of the game. Summary: Participation in the pre-sale is a way to get ahead potential increase in the value of the coin as it attracts investors and enters exchange markets. When searching for promising altcoins, it is important to research the general cryptocurrency market and understand current trends and dynamics. Traders can refer to leading digital currency news sites to stay updated with developments in the industry. Profitable assets are those that have real-world applications and are used by people and businesses. This may indicate that the project has a great future. All information contained on the site is published on the principles of fairness and objectivity for informational purposes only. The reader bears full responsibility for any actions taken by him on the basis of information received on our website. This advertising article does not constitute investment advice.

$BTC The head of JPMorgan investment bank Jamie Dimon, during an interview with CNBC, said that Bitcoin is not a valuable cryptocurrency. He noted that he advocates the right to use BTC, but at the same time added: “I’m not telling you what to do, but my personal advice is don’t mess with it.” The top manager also jokingly said that he no longer intends to discuss the first cryptocurrency. Source: Twitter (NYSE:TWTR.com) Dimon added that cryptocurrency can have value if it has a built-in smart contract, and supported the idea of ​​​​tokenizing real world assets (RWA ), such as real estate. He positively assessed the blockchain technology itself, recalling that JPMorgan also uses it. However, Dimon believes that Bitcoin is used mainly for fraud and money laundering. Dimon is a long-time critic of Bitcoin. Back in 2017, he called the asset fraudulent and allowed it to collapse. The top manager explained this position with concerns about the lack of regulation, high price volatility and the possibility of the asset being used in illegal activities. In addition, during hearings in the US Senate in December last year, he said that if he had the authority, he would ban cryptocurrencies due to the risks money laundering. The phrase was heard in a discussion with Senator Elizabeth Warren, who, as part of her election campaign, announced the creation of an “anti-cryptocurrency army”, and later stated that industry companies were sabotaging the work of Congress to study cryptocurrencies by hiring former government employees. On January 11, trading in shares of spot exchange-traded funds began in the United States (ETF) based on Bitcoin from ten largest investment companies. Already on January 16, the total daily trading volume of these funds was three times higher than the five hundred ETFs launched last year.#BitcoinETF💰💰💰 #bitcoin

Ripple Labs, a cryptocurrency company, has not conducted an IPO in the US due to the "hostile" actions of the Securities and Exchange Commission (SEC). This was stated in an interview with CNBC by Ripple CEO Brad Garlinghouse at the World Economic Forum in Davos. According to Garlinghouse, his company was considering "other jurisdictions that have clear regulatory frameworks" for going public, but ultimately postponed the IPO. "In the United States, trying to go public with a very hostile regulator that approved your S-1 [filing], I don't think it's a lot of fun. Coinbase (NASDAQ:COIN) got their S-1 approved, and now the SEC is suing them for what was in that S-1," Garlinghouse said.

$BTC Trading volume on the 10 largest centralized exchanges (CEX), whose combined market share exceeds 95%, decreased by 16% and amounted to $34.26 trillion by the end of 2023, experts from the research company TokenInsight write in a new report. Binance's share has dropped from 54.2% to 48.7% and the exchange still maintains a dominant position. In contrast, OKX and Bybit platforms showed the most significant growth, increasing market shares by 4.3% and 2.2%, respectively. TokenInsight ReportWhat else is known? According to TokenInsight, Binance's share has fallen below 50% as a result of the elimination of zero commissions on trading on some Bitcoin pairs, as well as the filing of a lawsuit by the US Securities and Exchange Commission (SEC) for trading in unregistered shares. Following the voluntary departure of the exchange's founder, Changpeng Zhao, the post of general director as part of an agreement with the US Department of Justice, her share immediately fell to 32%, but after a short time began to recover. This fact indicates that traders still maintain confidence in Binance, despite the SEC's accusations of misuse of user funds. Speaking about decentralized exchanges (DEX), TokenInsight experts noted that their share in total trading volume was 2.83% , having not changed significantly compared to the previous reporting period. The top 10 DEXs had a combined total of $977.5 billion. The largest increase in market shares was recorded for the Orca and Raydium platforms based on the Solana blockchain, mainly due to the sharp growth of the native SOL token at the end of the year. CoinShares previously reported that the Bitcoin mining network grew by 90% over the year. And CoinGecko calculated that since 2014, 59% of cryptocurrency projects have been closed. Source: GetBlock Magazine#Bitcoin's #BTC!💰 #crypto #BitcoinETF💰💰💰 #bitcoin

$XRP Ripple was exploring the possibility of going public through an initial public offering (IPO) outside the United States, the head of the fintech company Brad Garlinghouse told CNBC. He said Ripple has shelved any plans for an IPO in the States due to a "hostile" Securities and Exchange Commission (SEC) and is "considering other jurisdictions that have clear rules." CNBC's story Garlinghouse also called SEC Chairman Gary Gensler " political burden." According to him, Ripple will consider the possibility of an IPO in the States if the regulator appoints a new head. At the same time, Garlinghouse said that going public for the company “is not a priority for the near future.” At the beginning of the year, Reuters journalists reported that Ripple had bought back securities from its shareholders. Garlinghouse confirmed this and noted that the transactions cost $1 billion. He emphasized the importance of securities liquidity. Previously, Garlinghouse advised entrepreneurs not to open a crypto business in the US, as the country was stuck in regulating digital assets compared to progress in the UAE and the European Union. Ripple itself has applied for licenses in the UK and Ireland, and has also received permission to provide crypto services in Singapore.Ripple has been in litigation with the SEC since December 2020. The regulator claims that the company's 2013 distribution of native tokens of its namesake payment protocol (XRP) was an unregistered securities offering. In July 2023, the court decided that XRP itself is not a security and can be offered to retail investors through digital exchanges . The SEC attempted to appeal the decision, but was denied. In October, the SEC withdrew its case against Garlinghouse and Ripple Chairman Chris Larsen, but in January of the new year called on the court to order the company to submit financial statements for 2022-2023 related to institutional sales.#xrp #Ripple-XRP #news #CryptoUpdate website: GetBlock Magazine

$ETH The update includes an improvement to EIP-4844, which is designed to increase network throughput and reduce the cost of transaction fees. What happened? On January 17, Ethereum blockchain developers deployed the Dencun update to the Goerli test network. The hard fork was not completed due to a potential network split and an error related to validator synchronization. Ethereum client teams are expected to make a fix after investigating the issue. What else is known? The Dencun hard fork includes Ethereum Improvement Proposal (EIP) number 4844. EIP-4844 will introduce proto-dunksharding into the main network, which scales the blockchain by introducing a new type of transaction for large amounts of binary data (blobs). Thus, transactions carry data objects attached to blocks, which increases the amount of information that blocks can process. This is expected to reduce transaction costs in decentralized applications (DApps) and increase network throughput. Dencun will launch on the Sepolia and Holesky test networks on January 31 and February 7, respectively. The final release on the mainnet is expected by the end of Q1 2024.In October 2023, the Centrifuge DeFi protocol team developed the EIP-7540 proposal to expand the functionality of cross-chain lending and liquid staking protocols, as well as real-world asset (RWA) projects. Read the original article on GetBlock Magazine #EthereumClassic #etherium