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Analysts Hype Sparklo (SPRK) As Binance (BNB) And Pepe (PEPE) Coin Price Collapse

By
TI Partners
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0

The cryptocurrency and blockchain industries have undergone a tremendous transformation in recent months, especially with new projects and coins constantly competing for investors and visibility.

Sparklo has established itself as a strong competitor despite the competition, attracting much interest and support at its ongoing token presale. Top crypto analysts are optimistic that Sparklo will surpass Binance (BNB) and Pepe (PEPE) Coin after its launch. Let’s look at Sparklo and see why it is the top choice of investors in the crypto market presently.

The crypto market will see more precious metal investments with Sparklo (SPRK) 

With the help of the Ethereum-based investment platform, Sparklo offers customers the chance to invest in precious metals. Investors have the option of buying the entire NFT or just a piece of it. These NFTs have been minted into Gold, Silver and Platinum. When an investor buys full NFT, there is an added incentive of having the minted NFTs delivered to the investor’s desired location.

Sparklo has completed the first round of the token presale and is currently in the second stage of the presale, with the token currently selling for $0.036 per SPRK token. Investors are already buying  Sparklo tokens as crypto analysts believe that its price will likely witness a massive 1,500% increase before the year ends.

Sparklo will lock its liquidity for 100 years and the team token for 1000 days. The KYC verification has been completed and the Sparklo project has also been audited by Interfil Network, adding further stability to the project. Now is the perfect time to invest in Sparklo token as it has the potential to become a blue-chip cryptocurrency soon. Click the link below to invest.

>>>> BUY SPARKLO TOKENS <<<

Pepe (PEPE) coin’s price drops amid crypto market volatility

Pepe (PEPE)  coin, launched in the Ethereum network is a deflationary memecoin created as a tribute to the Pepe the Frog internet meme.  Pepe (PEPE)  is currently in the bear market as investors count their losses. Pepe (PEPE) coin has lost 18% of its value in the last few hours with the coin trading at $0.0000010 currently. However, Pepe (PEPE) coin’s 24-hour trading volume has increased by 43% to $176.69 million currently.

Pepe (PEPE) coin which is ranked #88 in the crypto market, has seen its value plummet in the last few days. Pepe (PEPE)  has lost over 25% of its value in the last few days as Pepe (PEPE)  coin slides deeper into the bear market. The Pepe (PEPE)  technical analysis shows that the coin could further lose its value. Pepe (PEPE)  coin holders are already moving over to the Sparlo ongoing presale in a bid to recover from their losses. Sparklo is a project that guarantees significant gains. Crypto experts have already projected that the SPRK token’s value will rise exponentially in the year.

CEO says Binance (BNB) has no plans to enter Bitcoin (BTC) mining

Changpeng “CZ” Zhao, in a recent interview, announced that Binance (BNB) has no intention to enter Bitcoin (BTC) mining. Changpeng, who is Binance (BNB) CEO, said this while talking about the company’s web3 prospects in Dubai. The CEO of Binance (BNB) said that the token wouldn’t be BTC mining because of the nature of the mining business. According to Changpeng, the resources needed were too much.

Also, in the interview, CZ mentioned that there are already many competitors that have a better advantage than Binance (BNB) in the mining business. Instead, it is a welcome development that other miners use Binance (BNB) pool and also have the Binance (BNB) liquidity to cover their costs. Today, Binance (BNB) is rated as the fifth-largest pool in BTC. Binance (BNB) has lost 9% of its value in the last few hours and currently trading at $276.68. The Binance (BNB) is showing signs of a bear market coming. Although Binance (BNB) coin’s 24-hour trading volume increased slightly to $852 million, its coin holders have joined the Sparklo presale to make profits. Sparklo is a project that guarantees a high return on investment with numerous benefits.

 

Find out more about the presale with the links below;

 Click here to buy presale

 Check out the website

Check out the telegram channel

Gary Gensler faces Market Manipulation Charges

By
Paul Ugbede Godwin
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WASHINGTON, DC - OCTOBER 03: Securities and Exchange Commission (SEC) Chair Gary Gensler listens during a meeting with the Treasury Department's Financial Stability Oversight Council at the U.S. Treasury Department on October 03, 2022 in Washington, DC. The council held the meeting to discuss a range of topics including climate-related financial risk and the recent Treasury report on the adoption of cloud services in the financial sector. (Photo by Anna Moneymaker/Getty Images)

Gary Gensler, the chairman of the Securities and Exchange Commission (SEC), is facing market manipulation charges from a group of cryptocurrency investors, Citadel Securities and Citadel Market Maker, two prominent financial firms. The charges allege that Gensler has engaged in short-selling activities in stocks related to cryptocurrencies.

The group claims that Gensler has been using his position and influence to spread false and misleading information about digital assets, such as Bitcoin and Ethereum, in order to drive down their prices and benefit his own interests. The group alleges that Gensler has a conflict of interest, as he is a former partner of Goldman Sachs, a major player in the traditional financial system that competes with cryptocurrencies.

The group also accuses Gensler of abusing his regulatory power by imposing excessive and arbitrary rules on crypto-related businesses and activities, stifling innovation and growth in the sector. The group has filed a lawsuit against Gensler in a federal court, seeking damages and an injunction to stop him from further interfering with the crypto market.

The charges allege that Gensler has engaged in short-selling activities in stocks related to cryptocurrencies, such as AMC Theatres and GameStop, through two large investment companies: Vanguard Group and BlackRock. The short-selling activities are said to have caused significant losses for retail investors who were betting on the rise of these stocks.

The charges have sparked a public outcry, with a petition on Change.org demanding Gensler’s resignation from his post at the SEC. The petition claims that Gensler has failed to protect retail investors from fraud and manipulation by Citadel Securities and Citadel Market Maker, who are accused of using illegal tactics such as naked short selling and dark pool abuse. The petition also criticizes Gensler’s recent stance on digital asset exchanges, which he has urged to comply with the same regulations as securities exchanges.

Gensler has defended his actions, saying that he has followed the rules of the capital markets and that he aims to safeguard market integrity and prevent fraud and manipulation. He has also stated that he supports the development of a crypto market that protects investors and meets the standards of the market regulations. Gensler’s supporters argue that he is a visionary leader who is trying to bring more transparency and accountability to the crypto industry.

The charges against Gensler are still under investigation, and it is unclear what the outcome will be. However, the controversy has put Gensler and the SEC under intense scrutiny, highlighting the challenges and opportunities of regulating the emerging and volatile crypto market.

Meanwhile, Venture capital firm Andreessen Horowitz will open its first international office in London later this year, citing the country’s greater “political will” towards supporting cryptocurrencies. The U.K. said last year that it would introduce new regulations for digital assets. Crypto firms are considering moving operations outside the U.S. following a Securities and Exchange Commission crackdown on companies like Binance and Coinbase.

Tether Just Printed One Billion Dollar USDT

By
Paul Ugbede Godwin
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0

Tether (USDT) is a stablecoin that is pegged to the US dollar on a 1:1 basis. It is one of the most popular and widely used cryptocurrencies in the world, with a market capitalization of over $83 billion as of June 2023. Tether claims that every USDT token is backed by a corresponding amount of fiat currency or other assets in its reserves. However, Tether has faced criticism and controversy over its lack of transparency and auditability, as well as its involvement in market manipulation and legal issues.

On June 11, 2023, Tether announced that it had printed one billion USDT tokens, which were transferred to an unknown wallet. This was the largest single issuance of USDT in history, surpassing the previous record of 800 million USDT in April 2023. The reason for this massive minting is unclear, but some speculate that it could be related to the increasing demand for USDT in the crypto market, especially in China, where USDT is widely used as a means of circumventing capital controls and accessing global exchanges.

This is a significant milestone for Tether, as it shows the growing demand and adoption of its stablecoin in the crypto space. According to Tether’s website, the total supply of USDT tokens across all blockchains is now over 86 billion, with more than 40 billion on Tron alone.

The impact of this new supply of USDT on the crypto market is also uncertain. Some argue that it could boost the liquidity and trading volume of cryptocurrencies, as well as provide support for their prices. Stablecoins are useful for traders and investors who want to hedge against the volatility of other cryptocurrencies, as well as for users who want to transact with traditional currencies across the blockchain.

Tether claims that its tokens are fully backed by its reserves, which include cash, cash equivalents, and other assets. However, some critics have questioned the transparency and accuracy of Tether’s reserve audits, as well as the potential legal and regulatory risks that the platform faces.

But where is the proof that Tether has such a large number of reserves? Tether has not provided any verifiable audit or independent verification of its reserves since 2018, when it was revealed that it only had 74% of the required reserves. Since then, Tether has been involved in several legal disputes and investigations by regulators and authorities, who have accused it of fraud, market manipulation and money laundering. Some critics and skeptics have suggested that Tether is printing USDT tokens out of thin air.

Despite these challenges, Tether remains the dominant stablecoin in the market, with a market capitalization of over 83 billion dollars and a daily trading volume of over 35 billion dollars. Tether supports multiple blockchains, such as Ethereum, Tron, EOS, and Algorand, and can be used for various purposes, such as payments, remittances, DeFi, gaming, and NFTs. Tether aims to disrupt the conventional financial system by providing a more modern and efficient approach to money.

Nigerian Startup Termii Raise $3.65 Million in New Funding, to Expand Operations in Other African Countries

By
Ojukwu Emmanuel
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0
Fund, money cash dollar

Nigerian communications platform that allows African businesses to send messages to anyone across sms, email, voice, and instant messaging channels, Termii, has raised $3.65 million in new funding to expand operations to other African countries.

The funding round was led by a pan-African early-stage investor ventures platform, with participation from a New York-based fund fintech collective and launch Africa ventures. Other backers include Ralicap Ventures, Nama Ventures, Aidi Ventures, NOA Capital, Adamantium Fund, and Probability Ventures.

The funding round also included angel investors such as Aubrey Hruby, partner at Tofino Capital, and Eamon Jubbawy of Onifido.

Termii disclosed that the funds raised will not be used for operational activities, but rather to enhance the company’s expansion initiatives. This includes the developing and promoting of existing and new products in new markets with a priority on Francophone African countries.

Speaking on the funding round, Termii CEO Emmanuel Gbolade said,

“This funding is a significant milestone for Termii and a testament to the incredible work we have been doing to transform customer engagement in Africa. We are thrilled to have the support of such esteemed investors who share our vision of empowering businesses to easily engage and support their customers anywhere in Africa.

Speaking on the eSIM feature, Emmanuel explained that African businesses can offer their employees and users the ability to own eSIM cards or branded sim cards with unlimited voice calls and texts, noting that it also allows remote working and customer support services with data to work without switching sims when they travel across cities in Africa and the U.S for example.

He said, “We plan to support more countries in the future, like countries in the UK. We plan to launch all these services in phases and have seen growing interest in this product from big tech and financial service providers and small enterprise businesses. We would be launching physically first in Nigeria at our conference this June and also in Ivory Coast, Ghana, and the U.S. After which we would explore other locations. However, other features of our app would be open for use across multiple African countries.”

Founded by Tayo Awe and Emmanuel Gbolade, and launched in 2019, Termii powers customer messaging for the next generation of African technology businesses by helping millions of African businesses communicate with their customers easily across multiple messaging channels.

The startup offers features such as direct-to-mobile notifications, rich SMS messaging, time-based OTPs, and cost-effective local and international calling for enterprise businesses. It is trusted by 4,438+ businesses.

Termii fills up a crucial gap by providing seamless integration of telecom services, solving the high message failure rates and complex setup requirements experienced by businesses across the continent.

Terra Classic (LUNC) Rebounds, TMS Network (TMSN) Soars, and Render Token (RNDR) Hits The Bottom This Week

By
TI Partners
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0

Markets have been in a lull lately. Market leaders like Bitcoin and Ethereum have not moved much, with little to no gains for investors. They have been unable to break out of the fatigue resulting from the push and pull of the market forces. In addition, the SEC crackdown on Binance and Coinbase has pushed the market down, even as the dollar rise is pulling the market up. Every altcoin is reacting to the market in its own way – Terra Classic (LUNC) is on a rebound, and TMS Network (TMSN) is soaring, but Render Token (RNDR) has hit its bottom.

Here is what you need to know about these crypto tokens this week.

Terra Classic (LUNC) Is on a Rebound

Terra Classic (LUNC) surprised everyone when it registered a spike in its price this week. Terra ecosystem’s original token Terra Classic (LUNC) has been in a constant downtrend since September 2022. Terra Luna (LUNC) breached the $0.0001 mark multiple times in a single day. It remains on an upward trajectory even now.

At its height, Terra Classic (LUNC) was priced at over $116. The 2022 black swan event took down the entire Terra ecosystem. $45 billion of wealth was wiped off the market, and Terra Classic (LUNC) crashed, losing almost all its value. The rise in the value of Terra Classic (LUNC) has brought hope to its long-time investors. It remains to be seen whether Terra Classic (LUNC) can sustain this upward trajectory or fall back to the red zone.

TMS Network (TMSN) Continues its Roar in the Markets

TMS Network (TMSN) is an upcoming innovative decentralized exchange. TMS Network (TMSN) takes a unique approach to decentralized trading. It offers cryptos, CFDs, forex, and equities for trading on its platform. TMS Network (TMSN) users can invest in any of the 500 cryptocurrencies supported on the platform, or use them to invest or trade other assets. No account creation, no fiat currency, and no KYC verification are required to trade on TMS Network (TMSN).

Armed with a user-friendly interface and MetaTrader software suite compatibility, TMS Network (TMSN) hopes to give traders a familiar trading experience. With TMS Network (TMSN), fiat asset traders can finally experience the benefits of DeFi.

Currently, TMS Network (TMSN) is raising $12 million to fund the creation of the platform, of which it has already raised $6 million. Between the stage 1 presale and the ongoing stage 4 presale, TMS Network’s (TMSN) value has risen by 300% to $1.05. There’s consensus among analysts that TMS Network (TMSN) will grow between 4,000% and 7,000% by the end of this year. 

Render Token (RNDR) Hits Bottom

Built on the Ethereum blockchain, Render Token (RNDR) is meant to create a distributed network for sharing GPU capabilities. Render Token (RNDR) network connects artists that need GPU computing power with GPU owners who can rent it out to them.

While Render Token (RNDR) does provide an acceptable solution to the GPU crisis in the market, it has not received the acknowledgment from the market that it anticipated. As a result, Render Token (RNDR) has attracted little investor interest. The current fall in the price of Render Token (RNDR) to $2.21 can be attributed to traders booking profits. They may have caught on to the bearish pressures surrounding Render Token (RNDR) and exited their positions. It is difficult to say when Render Token (RNDR) will be able to cover those losses and start moving up again.

 

For more information on TMSN Network (TMSN):

Presale: https://presale.tmsnetwork.io/

Website: https://tmsnetwork.io/

Telegram: https://t.me/tmsnetworkio

Twitter: https://twitter.com/tmsnetwork_io

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