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Showing posts from January, 2024

Could This Be the Next 50x Meme Coin in 2024? – Uche Crypt Presale Reviews

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Uche Crypt’s review of the new meme coin on presale highlights its unique concept: AI battles with thrilling wagering options. This focus on creative gameplay, combined with its presale status, makes Meme Kombat an intriguing prospect for those seeking high-potential, low-entry crypto projects. A user-centered meme coin poised for takeoff in the new crypto wave As the cryptocurrency market braces for a fresh wave of meme coins, one contender, Meme Kombat, is already generating considerable buzz—and it’s not just hype. Unlike many anonymous crypto projects, Meme Kombat stands out by prioritizing its users. Its platform seamlessly blends gaming and meme culture, creating an engaging experience that’s sparked community excitement on platforms like YouTube and X. Besides Meme Kombat, you can also consider the other best AI crypto coins to buy here. This user-centric approach is further amplified by an unusual act of transparency: prominently displaying th...

Top Trending Crypto Coins on DEXTools – Gemach, Hemule, TrustSwap Token

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Many cryptocurrencies are currently trending on DEXTools, reflecting the prevailing mood in the global financial scene. These trending cryptos often hold top positions and contribute to the market’s momentum. 2024 holds immense promise for cryptocurrencies, prompting many investors to diversify their portfolios with digital assets. The approval of the first SEC Bitcoin ETF sparked increased cryptocurrency adoption. While Bitcoin and Ethereum are popular choices, investors should explore beyond these major coins to discover digital assets fueling new platforms and networks. Top Trending Crypto Coins on DEXTools By venturing into lesser-known cryptos, investors can secure higher returns and tap into the possibilities of the blockchain ecosystem. Meanwhile, four standout crypto contenders – Gemach, Hemule, TrustSwap Token, and eTukTuk – present compelling opportunities to capitalize on the anticipated crypto bull run in 2024. 1. Gemach (GMAC) Gemach DAO is a decentra...

Bitcoin ETF Market Share War Intensifies As Invesco And Galaxy Slash Fee

Invesco and Galaxy Asset Management have reduced the fee for their spot Bitcoin ETF (exchange-traded fund) by 35% amid stiff competition from titans including Blackrock and Fidelity. The Invesco Galaxy Bitcoin ETF (BTCO) slashed fees to 25 basis points, from 39 basis points previously, and will waive fees altogether during the first six months or until the product reaches $5 billion in assets. We have @InvescoUS & @galaxyhq cutting the long term fee on their #Bitcoin ETF from 39 bps to 25 bps. (Yes they have the fee waiver to 0% for first 6 months or $5 billion in assets). Story from @emily_graffeo & @kgreifeld pic.twitter.com/Erk2NU9kVF — James Seyffart (@JSeyff) January 29, 2024 BTCO is competing in an already crowded market that’s dominated by BlackRock, Fidelity, and Grayscale. BTCO has around $287 million in assets, ranking it fifth among the 11 spot BTC ETFs. BlackRock and Fidelity have a combined $4 billion in assets under management. Despite the redu...

SBINFT launches its NFT marketing platform SBINFT Mits

SBINFT Co., Ltd., operator of the largest NFT marketplace in Japan, has launched its NFT marketing platform dubbed SBINFT Mits. The platform will help individuals and global brands tap into the power of NFTs to drive their Web3 marketing strategies. SBINFT initially announced Mits at the 2023 WebX Summit held in Japan in July last year. SBINFT Co., Ltd.,  has announced that its new NFT marketing platform SBINFT Mits is now available globally, paving the way for the global community and international brands to tap into the benefits of NFTs as they bring Web2 projects to Web3. The NFT marketplace operator, which pivoted its focus to gaming NFTs in June last year following a partnership and rebrand, said in an announcement that  SBINFT Mits targets both individuals as well as big business across the market. SBINFT Mits will allow companies and social media influencers among others to blend their marketing strategies with digital collectibles as the...

Cardano Poised for Major Breakthrough, but Scaling Remains a Challenge

ADA is currently trading around $0.52, which represents a critical point. Dan Gambardello noted that four years ago, Cardano lacked core functionalities like staking. Cardano and its native crypto, ADA, have reportedly experienced significant growth in the past four years. Cardano, the blockchain platform and native cryptocurrency ADA, has seen notable growth over the past four years. However, the platform now faces a pivotal moment as it looks to scale up and break through resistance levels to reach new heights.  Dan Gambardello, the founder of Crypto Capital Venture, who closely monitors Cardano’s development, holds that opinion. In his recent tweets, he highlighted how, four years ago, Cardano lacked core functionalities like staking, multi-asset support, and smart contract capabilities. Do you understand how bullish Cardano is as a blockchain? Four years ago, Cardano didn't have key Features like staking, a multi-asset ledger, or smart con...

Bitcoin Price Prediction: Anthony Scaramucci Sees BTC Hitting $170K After The Halving As Analysts Say This ICO Might Be The Best Way To Play The Halving

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The Bitcoin price has dropped 0.68% in the last 24 hours to trade at $42,334 as of 05:55 a.m. EST on trading volume that rose almost 7% to $15 billion. The slight price decrease comes as SkyBridge Capital founder Anthony Scaramucci shares an optimistic take on Bitcoin’s potential trajectory after the halving event in April.  According to Scaramucci, Bitcoin could experience a conservative increase of more than 300% in the coming months. Furthermore, he anticipates that Bitcoin’s price could witness a cycle top that is 4X higher than its halving price, predicting that Bitcoin could reach $170,000 about 18 months later. “If Bitcoin’s at $45,000 on the halving, where it roughly is right now, it’ll be $170,000 by mid-to-late 2025,” Scaramucci said.  Scaramucci’s confidence in Bitcoin’s potential growth is not only based on the halving but also on the increasing adoption of cryptocurrencies and the growing interest from instit...

Stellar Development Fund postpones Soroban upgrade, gains commendation from Stellar community

The Stellar Development Foundation (SDF) has delayed the much-anticipated Protocol 20 upgrade of the Stellar blockchain, which is slated for Jan. 30.  This decision follows the discovery of a bug in Stellar Core v20.1.0. In a move emphasizing the Foundation’s commitment to network integrity, the SDF, through a Jan. 27 blog post, conveyed its choice to “disarm” its validators to postpone the Protocol 20 vote, indicating a cautious approach until after the resolution of the bug. Identified on Jan. 25, the bug affects Soroban transactions, particularly in cases of fee-bumped refunds. The issue lies in the incorrect redirection of refunds to the source account of the inner transaction instead of the fee-bump’s source. Despite the bug being classified as low risk, the SDF is already working on a fix, demonstrating its proactive stance on network security. The Foundation’s decision to delay the vote opens up possibilities for other validators on th...

Why SEI, FTM, FET, and INJ Are All In the Spotlight This Week

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Volatility around SEI was low but buying momentum can send the price to $0.80. FTM bulls were targeting $0.55 while FET entries could be around $0.57. If INJ crosses the $37.50, it could validate the move toward $40. Psueodonymous crypto trader ProfessorAstrones posted that tokens including Sei Network (SEI), Fantom (FTM), Fetch.ai (FET), and Injective (INJ) have a high chance of pumping over the next few weeks. According to his post on X, the trader shared charts showing that SEI might have reached its bottom at $0.63. He also showed a similar trend for FET. But in FTM and INJ’s case, Professor Astrones shared a daily chart showing how they could break out of their descending channel. Don’t forget those prices $SEI $FTM $FET $INJ All gonna pump higher in the next weeks! pic.twitter.com/gBAFLCkoi5 — ProfessorAstrones (@Astrones2) January 27, 2024 Sei Network (SEI) SEI erased all the losses it had in the last seven days while gaining 4.54% in the ...

BlackRock Recommends 84.9% BTC Allocation in Equity and Bond Portfolios

BlackRock advises an 84.9% Bitcoin allocation in equity and bond portfolios. BlackRock researchers analyzed Bitcoin’s returns from 2010 to December 2021. While BTC’s third central moment of returns was 144%, equity and bond returns were -0.43% and 0.01%. The world’s largest asset manager, BlackRock, published a research paper advocating for an aggressive allocation of Bitcoin in traditional investment portfolios. The paper is titled “Asset Allocation with Crypto: Application of Preferences for Positive Skewness.” In the paper, BlackRock researchers suggested that the optimal allocation to Bitcoin in an investment portfolio consisting of 60% equities and 40% bonds should be a substantial 84.9%. X user “ Bitcoin News ” called attention to this development in a recent post. REMINDER: Last summer BlackRock put out a paper stating that "Starting with a 60-40 equity-bond portfolio… the optimal #Bitcoin allocation is a large 84.9%" pic.twi...

New Cryptocurrency Releases, Listings, and Presales Today – StorageChain, Payvertise, GT Protocol

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New crypto tokens can explode by the highest percentage margin – in this article, we highlight a range of new coin listings on exchanges. Investors seek new crypto currency coins with a lower market cap and unit price per token, aiming for higher growth potential. This strategy can pay off but also has many pitfalls. That is why we’ve spotlighted three newly listed tokens: StorageChain, Payvertise, and GT Protocol. These tokens have shown impressive upside potential and are poised to create more impact in the long run. New Cryptocurrency Releases, Listings, and Presales Today Crypto presales allow investors to purchase cryptocurrencies at a hugely discounted price. However, finding a project worth investing in and balancing between high risk and high reward can take time and effort. We review the upcoming crypto projects and explain how investors can select new digital assets for their portfolios. 1. StorageChain (WSTOR) StorageChain (WSTOR) is a blockchain-based proj...

Honk Price Prediction: New Solana Meme Coin HONK Pumps Another 144% As Experts Say This New Presale Might Be Next To Explode

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The Honk price has soared 144% in the last 24 hours to trade at $0.0237 as of 1:30 a.m. EST on trading volume that jumped 129% to $7.5 million. HONK, a meme coin newly introduced on the Solana blockchain, made its market entrance earlier this week, showcasing a playful goose mascot that has captured the attention of individual investors, contributing to its rising popularity.  Experiencing substantial growth in its first two days of trading, HONK’s market capitalization has already reached $9.7 million, with a weekly performance surge of 634%. “The main goal of HONK is to escalate its rivalry with BONK to a whole new level and leverage the power of memes to catapult itself to the top of the memecoin space on the Solana blockchain,” says a description of the token on CoinMarketCap. Honk Price Faces Resistance, Can The Bulls Sustain The Momentum? HONKUSDT Chart Analysis. Source: Tradingview.com The Honk price experienced a short consolidation period after a h...

Judge Moves to Limit Length and Scope of New FTX Bankruptcy Probe

Judge John Dorsey said the new FTX bankruptcy probe should be limited in scope and length.  The judge said an extended inquiry would be a recipe for a runaway cost that won’t yield anything new.  Dorsey mandated FTX and its creditor’s counsels to work with the US Trustee on the appointment of an examiner. US Bankruptcy Judge John Dorsey, the judge overseeing the FTX Chapter 11 proceedings, has moved to restrict the scope and expense of a fresh independent investigation in the crypto exchange, Bloomberg reported. The judge argued that another multimillion-dollar inquiry should not disrupt the defunct cryptocurrency exchange’s bankruptcy case. The move by the judge came after a Federal Appeals Court in Philadephia ordered the appointment of an examiner for the bankruptcy process. However, the order which came earlier in the month left the details of any investigation up to Dorsey. Attorneys for FTX and its creditors contended that the fresh i...

If you filled in a form from Trezor, you may have to change your wallet

Hardware wallet company Trezor has advised any of its newsletter subscribers who have entered their seed phrases into any form sent to them, particularly if it was via email, to transfer their funds to another wallet immediately. The company issued the advice via X (formerly Twitter) a few hours after it confirmed that it had detected an unauthorized email impersonating Trezor sent from a third-party email provider it uses. Trezor told users that, if they received a suspicious email with the subject line ‘Assets undergoing upgrade’ from the ID: [email protected], they should avoid clicking on any links or providing any information. It then suggested they delete the email immediately . Security Alert We've detected an unauthorized email impersonating Trezor sent from a third-party email provider we use. If you received a suspicious email with the subject line 'Assets undergoing upgrade' from the ID: [email protected], please do not click any lin...