Day: April 10, 2024

RECQ gains momentum as ADA and XRP investors look for growth

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rebel Satoshi’s RECQ presale is poised for a 237% surge before its launch, while Cardano (ADA) and XRP are expected to climb above $0.80. The crypto market experienced a significant decline at the start of Q2 2024, causing top crypto coins Cardano (ADA) and XRP prices to fall. In light of the prevailing negative market sentiment, investors are increasingly gravitating towards Rebel Satoshi, a new ICO generating significant buzz…

Polkadot Shines – Is Now The Time To Buy DOT Before $10?

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Polkadot, a blockchain platform designed for interoperability between different blockchains, is experiencing a surge in new users, but a disconnect between user growth and network activity is raising questions about its long-term viability. Based on the latest figures, DOT tallied an all-time high in active wallets and unique accounts in March, surpassing 600,000 and 5.59 million, respectively. This suggests a growing interest in the platform, potentially driven by the thriving developer ecosystem on Polkadot’s parachains, specialized blockchains that connect to the main Polkadot chain. Moonbeam, a prominent parachain, played a…

FRIEND Token Airdrop Expectations Bring Users Back to Friend.Tech

Friend.tech was earning in excess of $1 million per day in fees at its August peak after going viral on X and gaining more than 100,000 unique users, a significant number for crypto application standards. Shares of some crypto X personalities, such as @Cobie and @HsakaTrades, jumped to as much as three ether, or nearly $5,000, at the time. Source

Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge

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Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the market. Thiel remarked that this shift has led to an unusual pre-halving price increase, diverging from the traditional pre-halving price decline, with Marathon’s break-even rate […] Original

Bitcoin Below $70k But Hong Kong Readies April-End ETF Launch

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The Bitcoin price has seen a notable fluctuation, briefly surpassing $72,500 on Monday before dipping below the $70,000 threshold on Tuesday. This movement can be attributed to a risk-off sentiment among investors, largely in anticipation of the latest US Consumer Price Index (CPI) figures today. Following a low of $68,200 on Tuesday, Bitcoin managed a slight recovery, stabilizing above $69,400 at the time of reporting. Concurrently, the Hong Kong Securities and Futures Commission (SFC) has updated its registry of virtual asset management funds early on April 10. Notably, the SFC…

Hong Kong is reportedly set to approve first spot Bitcoin ETF by mid-April

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Hong Kong’s Securities and Futures Commission is reportedly ready to approve the spot Bitcoin exchange-traded fund, signaling a major breakthrough in the city’s crypto market. Hong Kong is gearing up to approve the first batch of spot Bitcoin ETFs in the region by Apr. 15, Tencent News has learned, citing multiple sources close to the Hong Kong Securities and Futures Commission. The report says the Hong Kong regulator initially planned to approve only four spot Bitcoin ETFs in the first batch. However, the latest changes revealed that at least two…

Kelexo presale attracts Ethereum whales, set to rival Aave

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Kelexo’s lending platform presale draws massive interest from Aave investors and Ethereum whales, it’s poised to challenge Aave’s dominance in the crypto lending space. Individuals and businesses in the crypto market need access to credit offerings. Platforms like Aave (AAVE) are doing this, but there is still huge room for improvement. In this article, we explore Kelexo (KLXO), an innovative peer-to-peer (P2P) protocol that intends to meet the…