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Whale Investors Are Flocking To Sparklo (SPRK)  The Graph (GRT) and Fantom (FTM) Prices Rally

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Sparklo is now reaping the rewards of its tenacious stability and growth in the crypto market. This is evident in the update from sources claiming that whale investors are making their stand known that Sparklo is their preferred choice of investment ahead of many tokens like The Graph (GRT) token and Fantom (FTM).

Sparklo (SPRK) on the radar of whale investors

Sparklo is a cutting-edge, innovative investment platform where investors can invest in real-world yet timeless treasures such as gold, silver and platinum. These exclusive and profitable treasures can be traded on the Sparklo platform using fractionalized NFTs that will act as digital placeholders for the treasures. In a new development, whale investors have identified the Sparklo project as the top of their investment list of tokens to have.

This decision by whale investors to invest in Sparklo can be attributed to the sky-high potential of the SPRK token, which has shown a promising trajectory similar to that of Bitcoin’s early days. Crypto analysts have seen the huge potential of Sparklo and have concluded that the SPRK token may become a blue-chip crypto in the future. Crypto experts believe the SPRK token will likely see a 1,500% value increase before the end of Q4 of 2023. For now, the SPRK token trades at only $0.055.

The liquidity of the Sparklo token will be locked for 100 years to enhance the token’s solidity and prevent a rug pull scenario. Also, Interfi Network has backed the Sparklo project by passing its audit. The SPRK project’s KYC has been verified by the BlockAudit Report Team. This proves Sparklo’s commitment to the safety of investors’ assets. As the SPRK token is currently selling for a few cents, now remains the best time to invest in the project and position yourself for explosive gains in the future. Click the link below to invest.

>>>> BUY SPRK TOKENS <<<

The Graph (GRT) gains 4% to restore investor’s hope in the project

The Graph (GRT) is a decentralized protocol for indexing and querying data in the blockchain network. The Graph (GRT) token has seen a 4.27% rise in price value in the last few hours. As such, The Graph (GRT) trades at $0.109 at the time of writing. The Graph (GRT) coins ‘ 24-hour trading volume also increased by 28.20% to stand at $53 million presently.

Looking at the price chart shows that The Graph (GRT) is currently in a bull run. The Graph (GRT) has gained 12% in value in the last 48 hours. The technical analysis shows that The Graph (GRT) has reached the $0.10 resistance level and could head to the next resistance level of $0. 12 very soon. However, crypto experts believe that The Graph (GRT) latest boom is a result of the latest crypto market boom. A slight nosedive in the crypto market could signal the start of a bear run for The Graph (GRT). So, it is wise to invest in profitable projects like Sparklo that have huge benefits. The Graph (GRT) holders are among those that have keyed into the Sparklo ongoing presale to make gains.

Fantom (FTM) experience a slight price rally

Fantom (FTM) is a smart contract platform that provides decentralized finance (DeFi) services to developers using its consensus algorithm. A look at the price chart in the last 24 hours shows that Fantom’s (FTM) value has depreciated by 0.35%. This sees Fantom (FTM) trading at $0.2942 at the time of writing. However, the 24-hour trading volume of Fantom (FTM) increased slightly by 6% to stand at $138 million currently.

Signs have already begun to show that the bullishness of the Fantom (FTM) token is running out of steam. Considering the recent history of prolonged bear run experienced by Fantom (FTM), it is no wonder that Fantom (FTM) token investors are searching for alternative crypto projects like Sparklo, which guarantees profits in the long run. Fantom (FTM) holders have keyed into the ongoing SPRK token presale, where significant gains will be made.

Find out more about the presale with the links below;

 

Click here to buy presale

Check out the website

Check out the telegram channel

Momentum for Sparklo (SPRK) as Presale Volume Spikes, Internet Computer (ICP) and Near Protocol (NEAR) Bullish

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The latest update from the crypto market reveals that Sparklo is going through a momentous surge as more investors buy into the project thereby skyrocketing the trading volume at presale.

Meanwhile, the Internet Computer (ICP) token is rallying while similar price action is also witnessed for the Near Protocol (NEAR) token.

High-ranking investors join Sparklo, prompting a spike in presale volume

Sparklo is a cutting-edge, innovative investment platform where investors can easily invest in the high-profile solid mineral industry thereby having exclusive access to buying, owning or trading silver, gold and platinum bars. These assets will be tokenized, which means investors can trade them using fractionalized NFTs that act as digital placeholders of the assets. Following the persistent growth of Sparklo in its ongoing presale, whale investors have joined the Sparklo project by buying high worth of SPRK tokens.

Moreso, crypto analysts have backed the SPRK token to become a blue-chip crypto in the near future. Judging from the current price trajectory of the SPRK token, Sparklo may see a 1,500% increase in value before the end of Q4 of 2023. Currently, the SPRK token trades for only $0.055. As we know, early investment in projects like Sparklo will yield potential gains in the near future.

In terms of the project’s security and safety, Interfi Network has passed the audit of Sparklo at pre-launch. Also, the BlockAudit Report Team has done a background check and subsequently issued a KYC certification to Sparklo. The token’s liquidity will be locked for 100 years to improve solidity and prevent a rug-pull scenario. Overall, the SPRK token has shown immeasurable potential that investors should explore. Click the link below to invest.

>>>> BUY SPARKLO TOKENS <<<

Positive price turn for Internet Computer (ICP)

Internet Computer (ICP) is a blockchain operating system that is used to build sophisticated on-chain systems and service apps.  Internet Computer (ICP) coin witnessed a 3.48% increase in price value in the last few hours. As such, this development sees Internet Computer (ICP) trade at $4.26 at the time of writing. In a similar fashion, the 24-hour trading volume of Internet Computer (ICP) increased by 31.38% to stay at $26.80 million at the moment.

Following the positive price action of Internet Computer (ICP), the token has now established a support level on the $4 threshold and could enter into a bull run soon. However, despite the upward price action of Internet Computer (ICP), investors of Internet Computer (ICP) are part of the legion buying the SPRK token, which suggests that the SPRK token has shown immense growth potential.

Near Protocol (NEAR) sees a favorable price action

Near Protocol (NEAR) is a community-run layer 1 protocol that solves on-chain issues like low transaction speed, interoperability and more. The Near Protocol (NEAR) token saw a 4.24% increase in price value in the last few hours. This increased the Near Protocol (NEAR) price to $1.35 currently. Similarly, Near Protocol (NEAR) also underwent a 45.63% increase in trading volume over the last 24 hours to reach $71.17 million currently.

Near Protocol (NEAR) has effectively established its support level above the $3.30 threshold while also looking to break further resistance. However, crypto analysts don’t think the Near Protocol (NEAR) token bull run will extend for a few days. This is evident as the Near Protocol (NEAR) price chart shows that the red lines are still active. Given this, it will be a wise investment decision for investors to invest in Sparklo, which has continued to grow in the face of crypto market volatility.

 

Find out more about the presale with the links below;

 

Click here to buy presale

Check out the website

Check out the telegram channel

Africa’s Financial Position in a Multipolar World: Insights from the Global Finance Summit

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As the world has less than 7 years to attain the goals and targets of the 2030 Agenda, the convergence of the global political leaders in Paris between June 22 and 23, 2023, has further indicated that the world needs genuine discussion towards sustainable financing of projects, programmes, and initiatives associated with the goals and targets. From the global north to the global south, presidents, diplomats, and industry experts spent the two days discussing issues around restoring fiscal space, promoting private sector development, encouraging green infrastructure investment, and mobilising innovative financing for vulnerable countries.

Our analyst notes that amidst discussions on debt relief, climate change, and the need for a fairer financial system, African leaders made their voices heard, asserting Africa’s position in a multipolar world. Their views shed light on Africa’s aspirations, challenges, and the need for equal representation in global financial decision-making.

Africa’s Determination

Not Begging, but seeking equality. This is one of the resounding sentiments echoed by African leaders, suggesting that the continent’s leaders are now waking up to their responsibility of calling the global north’s attention to the fact that Africa is not begging for assistance but rather seeking equal treatment and recognition in the emerging multipolar world. President Cyril Ramaphosa of South Africa boldly emphasized this, stating, “We are not beggars; we want to be treated as equals.” This sentiment resonated across the continent, reflecting a desire for Africa to move away from a narrative that portrays it solely as a recipient of aid and to actively participate in shaping its own financial future.

A New Financial Model for Africa

Another key theme highlighted by African leaders at the summit was the urgent need for a new financial model that empowers Africa and reduces the concentration of power in the hands of a few. President William Ruto of Kenya articulated this sentiment, stating, “Africa does not want anything for free. But we need a new financial model where power is not in the hands of the few.” This calls for a more inclusive and equitable global financial system that recognizes Africa’s potential and provides opportunities for its sustainable economic growth.

Representation and Participation

One of the concerns raised during the summit was the limited participation and representation of countries from the global South, including Africa, in discussions concerning the global financial architecture. Attention was drawn to this issue, highlighting the importance of addressing historical imbalances and ensuring that the voices of African nations are heard. Africa’s diverse challenges and unique perspectives require inclusive decision-making platforms that take into account its specific needs and aspirations.

African Solutions for African Challenges

African leaders who attended the summit emphasised the importance of developing African solutions to African challenges. They rejected the notion of a one-size-fits-all approach and called for tailored strategies that address the continent’s economic, social, and environmental complexities. By championing homegrown initiatives, African leaders aim to foster sustainable development, drive economic growth, and ensure that policies and practices align with Africa’s diverse realities.

Collaboration and Partnerships

Strengthening Africa’s position while asserting their independent stance, African leaders also recognised the importance of collaboration and partnerships with the global community. President Bola Tinubu of Nigeria engaged in discussions with world leaders, demonstrating Africa’s willingness to work together towards shared goals. By forging strategic alliances and leveraging partnerships, Africa can access the resources, expertise, and knowledge necessary to overcome its challenges and achieve its developmental objectives.

Our analyst reiterates that the summit provided a platform for African leaders to voice their perspectives and aspirations. Their views underscore Africa’s determination to be treated as an equal partner in the global financial arena, to champion its own solutions, and to overcome historical imbalances. Africa’s financial position in a multipolar world hinges on the realization of a fairer financial system, increased representation, and the development of tailored strategies that address the continent’s unique challenges. By fostering collaboration and partnerships, Africa can strengthen its position and shape its own financial future in a rapidly changing world.

Interest Rates and Inflation in Nigeria [video]

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The Central Bank of Nigeria must pay attention to how it uses interest rates to fight inflation in Nigeria. Why? Unlike the United States, interest rate is a largely weak tool to fight inflation in Nigeria considering that our consumer credit is still at infancy.

Also, the apex bank needs to deal with the demon of Ways & Means lending because it makes no sense to mop/starve cash from companies, via interest rate hike, only to give the same cash to the government.

Source: Tekedia Mini-MBA live session today (full 90-min video in the class board)

Crypto Management App Pillow Reveals Plan to Shut Down Operations, Citing Regulatory Uncertainty

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Crypto management platform Pillow, has revealed plans to shut down operations, on July 31st, 2023, citing regulatory uncertainty and its impact on associated financial infrastructure.

In a post on messaging app Telegram, the crypto company informed customers to withdraw all their funds from the Pillow app. It will permit bank withdrawals until July 7, while crypto withdrawal via the platform will be available till July 31.

The company also revealed that it will be working tirelessly throughout this period to help users withdraw their funds safely. This implies that users will continue to have access to Pillow support via the app till July 31st, 2023.

Announcing its plan to shut down operations, Pillow wrote via a blog post,

“Dear users, we regret to inform you that the Pillow team has made the decision to no longer provide our current services through the Pillow app due to regulatory uncertainty, and will be closing operations on July 31st, 2023.

“Please be assured that all your deposits and any interest accrued on the Pillow app to date are completely safe and available for immediate withdrawal. We request you to redeem your investments and withdraw your funds immediately through the modes of withdrawal available to you”.

What Pillow Shutdown Means For Users

  • Users’ funds continue to remain safe, accessible in full, and open to crypto withdrawal till July 31st, 2023.
  • Bank withdrawals will be live till 7th July 2023 (if bank withdrawals are available for your account). Withdrawals to bank accounts may take up to 5 business days to be processed.
  • Useds funds will stop earning interest immediately, and also the rewards section will no longer be accessible.
  • Users will receive a consolidated statement for all their transactions on the Pillow app on or before August 7th, 2023.

Since Pillow disclosed plans to shut down its services, users have reportedly moved in droves to withdraw their funds from the app, as some are faced with withdrawal issues.

Founded in 2021 by Arindam Roy, Rajath KM, and Kartik Mishra, Pillow allowed customers to invest in Bitcoin, stablecoins, and altcoins and promised returns of up to 18%, a figure that dropped to 14% as the crypto market began to cool.

In 2022, the company claimed to have a user base of nearly 75,000 spread across India and Nigeria. Notably, Pillow’s recent announcement to discontinue its services is coming a year after it expanded its services to Nigeria.

The Singapore-based crypto startup decision has come as a surprise to users, as the startup was seen recently advertising job vacancies on its website.

However, this highlights the pressure faced by crypto startups in navigating regulatory environments, across the world. The collapse of industry mainstays like Terra and FTX sent cryptocurrencies into a free fall, dropping crypto’s total market cap by as much as 70%.