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Showing posts from September, 2024

New Cryptocurrency Releases, Listings, & Presales Today – X-GAME, Fit, eVa-ai

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Bitcoin has seen significant gains following the U.S. Federal Reserve’s recent rate cut and China’s stimulus measures. According to a research report, these developments helped Bitcoin break out of its downtrend. Over the past week, its price has approached the 200-day moving average and the $65,000 level.  A sustained rise above the 200-day MA could lead to more gains, supported by positive ETF inflows. Analysts predict a strong rally in the fourth quarter, which may fuel FOMO in the market. Additionally, new and emerging tokens are likely to benefit from this anticipated global market rally. This Analysis will focus on new cryptocurrency releases, listings, and presales today , offering investors insights into tokens with the potential for future growth. New Cryptocurrency Releases, Listings, and Presales Today Crypto All Stars raised over $1.7 million in its initial coin offering (ICO), drawing attention due to its staking rewards system. Furthermore, XG Network is a decentraliz

Weekly Project Updates: Celestia's OTC Token Sales Spark Community Backlash, EIGEN Set to Launch Trading Next Monday, Binance Emerges as the Biggest Beneficiary of HMSTR Token, etc

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1. Exclusive: Celestia’s OTC Token Sale Price of $3 Sparks Community Backlash link The community has expressed strong criticism of the Celestia Foundation’s OTC token sales, accusing them of failing to provide necessary transparency to the public. Many believe that the foundation has disguised these sales as positive financing news, which has led retail investors and the community to make purchases. There is a consensus that the foundation or team should promptly disclose valuations and ownership, clearly indicating that this is an over-the-counter transaction rather than a financing opportunity. The price for the TIA OTC token sale was set at $3, with one-third unlocking on October 31, while the remainder will be released linearly over the next year. The market response to the sale was extremely enthusiastic, with many institutions seeking shares ultimately unable to secure any or only obtaining a minimal allocation. Previously, the Celestia Foundation announced it had raised $100 mil

BNB Chain and the evolution of crypto payments

BNB Chain is playing a pivotal role in the evolution of crypto payments, transforming how transactions are conducted in the digital economy. Initially launched as Binance Smart Chain, BNB Chain has rapidly gained prominence due to its high throughput, low transaction fees, and robust ecosystem of decentralized applications (dApps). These Features make it an attractive option for businesses and consumers looking to adopt cryptocurrency for everyday transactions. As digital currencies gain mainstream acceptance, BNB Chain offers a platform where merchants can easily integrate crypto payment solutions. Its compatibility with various tokens and seamless cross-chain transactions facilitate quick and efficient payments, allowing users to transact in their preferred digital currencies. This flexibility is essential for businesses aiming to reach a broader customer base. Moreover, BNB Chain’s innovative use of smart contracts automates payment processes, ensuring transparency and reducing the

5 Best Altcoins To Invest In Today September 26 – OKB, Wormhole, Conflux, Theta Network

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Recent Analysis suggests that Bitcoin (BTC), the leading cryptocurrency, could be on the verge of a bullish trend. Analysts highlight the decreasing Bitcoin reserves, coupled with rising stablecoin reserves, as key indicators of a potential price increase.  This combination of reduced supply and growing buying power leads many to believe that Bitcoin may soon see a price surge. Given this bullish sentiment, investors are searching for the best altcoins to invest in today . 5 Best Altcoins To Invest In Today Wormhole has integrated with Securitize, a tokenization platform, enhancing its interoperability.  Meanwhile, Conflux has collaboration with the Worldwide Stablecoin Payment Network (WSPN). Theta Labs has also launched EdgeCloud for Mobile, enabling users to leverage their smartphones’ GPU power as nodes within its decentralized network.  Meanwhile, OKX recently completed its largest burn in the platform’s history. The upcoming Mega Dice token (DICE) launch is also attracting i

SEC Chair Gary Gensler Says Bitcoin is Not a Security

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In a rather surprising turn of events, US Securities and Exchange Commission (SEC) Chairman Gary Gensler has said that Bitcoin is not a security. Indeed, Gensler was featured on CNBC, where he discussed the leading cryptocurrency and reaffirmed his position on its security status. The token became the first crypto-based ETF in the United States this January. Gensler’s led SEC approved the product, with eleven issuers bringing the investment vehicle to market, including $10 trillion asset manager BlackRock. That green light followed more than 20 disapproved filings since 2018, the agency stated. JUST IN: SEC Chair Gary Gensler says #Bitcoin is not a security. — Watcher.Guru (@WatcherGuru) September 26, 2024 Also Read: Solana: VanEck Says SOL ETF is More Likely if SEC Fires Gensler Gensler Calls Bitcoin a Security in Recent Appearance For the crypto sector in the United States, regulation has been an ongoing issue. The industry has struggled, specifically under the current SEC regime. O

US Dollar Dominates, But De-Dollarization Advances Rapidly

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Former President Richard Nixon’s Treasury Secretary, John Connally once famously said, “The dollar is our currency, but it’s your problem.” The world was made to accept the dollar as the de facto currency and the US imported the tender around the globe. Things are taking a U-turn this decade as emerging economies kick-started the de-dollarization agenda to pull the US dollar down. They want the USD to solely remain America’s problem and not a global problem. Also Read: US Stock: Apple Price Prediction For 2025 There’s no doubt that the US dollar dominates the financial world through remittances, foreign exchange, and trade settlements among nations. It still controls the currency markets and is the most sought-after tender in the imports and exports sector. The majority of nations and businesses settle trade only in the US dollar sidelining all the other currencies. The US dollar is thriving in the markets despite the global de-dollarization threats that have engulfed the trade market

Discover 6 Low-Cost Altcoins Primed for Triple-Digit Growth in October 2024

As October 2024 approaches, the cryptocurrency landscape is gaining momentum, and several budget-friendly altcoins are standing out with the potential for significant growth. In this review, we’ll explore six promising digital currencies that could experience substantial price increases, offering investors the opportunity to profit in the upcoming bull market. CYBRO: The Perfect Blend of DeFi and AI CYBRO is making waves in the decentralized finance (DeFi) sector by utilizing artificial intelligence to enhance yield potential on the Blast blockchain. Despite being in its early stages, the project has already attracted the attention of crypto enthusiasts, surpassing $2.5 million during its presale. What Makes CYBRO Unique? Exceptional Yield Farming Solutions : CYBRO offers innovative strategies that cater to various investment approaches, allowing investors to thrive in any market conditions. CYBRO Token : The high-utility CYBRO token serves as a core component of th

BRICS Currency: 40% Could Be Tied to Gold, 60% in Local Currencies

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The BRICS alliance is looking to launch a new currency tied to gold along with a basket of local currencies. Backing the new currency with gold will help to end dependency on the US dollar and tying it with a basket of local currencies will boost the native tenders of emerging economies. While developing nations stand to gain from the development, the US economy and the dollar will be beaten. Also Read: BRICS: Only 3% of US Dollar’s Original Purchasing Power Remains The US dollar runs on the supply and demand mechanism, and if it gains no demand in the global market, the USD will face deficits. BRICS could equip its new currency with gold and a basket of local currencies and advance without the US dollar. Read here to know how many sectors in the US will be affected if BRICS ditches the dollar for trade. Also Read: 23 Countries Officially Apply To Join BRICS Alliance BRICS Currency: Gold & Basket of Local Currencies Source: Cryptopolitian.com According to a report, BRICS is working

Shitcoin Price Prediction: SHIT Surges 40%, But This New Meme Coin With A 955% APY Is The Top Pick For Traders Seeking Parabolic Gains

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The Shitcoin price has pumped 40% in the last 24 hours to trade at $0.0107 as of 3:15 a.m. EST on a 73% surge in trading volume to $5.5 million. Shitcoin Price Gears Up For A Bull Rally Above The Cup And Handle Pattern The classic Cup and Handle pattern indicates a bullish continuation setup commonly used in technical Analysis . This pattern starts with a rounded “cup” formation, representing a period of accumulation or consolidation. Following the cup, there is a smaller downward movement known as the “handle.” which shows a brief retracement before a breakout, where the price moves above the resistance level formed by the rim of the cup. The price has already broken out in this case, as indicated by the green candlestick crossing the resistance level, confirming the pattern’s bullish nature. SHITUSD Analysis Source: Dextools.io The target price for this pattern is estimated by measuring the distance from the bottom of the cup to the rim (resistance) and adding that to