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NEAR Protocol (NEAR) at a Decline as investors look at presale altcoins like Sparklo (SPRK)

By
TI Partners
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0

Savvy investors know that diversification can play a significant role in getting the most out of the Web3 space and the various projects. While some might opt in towards only getting well-established projects like NEAR Protocol (NEAR), its current decreased value has showcased that the actual value is within presale projects, which have historically seen the highest growth.

Today, we will look at Sparklo to see why its fractionalized NFT functionality can help it reach 40x its current value.

NEAR Protocol (NEAR) Dives 7.9% in value despite the partnership

The NEAR Protocol (NEAR) ecosystem has gained a lot of momentum as of recently. On April 20, 2023, the   NEAR Foundation announced that they had formed a strategic partnership with Absolute Labs. Despite the exciting news, this NEAR Protocol (NEAR) partnership did not lead to an increased value of the cryptocurrency. On April 21, 2023, NEAR Protocol (NEAR) traded at a value of just $2.03.

In the last 24 hours, NEAR Protocol (NEAR) decreased in value by 6.5%; in the previous seven days, its overall decrease was 7.9%. This bearish NEAR Protocol (NEAR) performance has led investors and traders to diversify with other altcoins.

Sparklo (SPRK) To Lead the Altcoin Momentum With Presale Success

Sparklo will be a project that can revolutionize the traditional way users acquire gold, silver, or platinum bars.

Specifically, whenever someone aims to utilize the Sparklo platform, they will be able to get an NFT that has been minted that represents a real-world asset. They can then decide to buy either the full NFT or a fraction. Those that choose to buy the complete NFT can have it delivered to them anywhere. This significantly lowers the barrier of entry and the costs associated with getting precious metals for people on a budget who just want to get initial exposure to it.

Sparklo, as a result, will create the first alternative-investment platform that has been purpose-built for cryptocurrency investors to access precious metals.

Picking The Right Cryptocurrency For Diversification

The Sparklo project has been audited by the InterFi network, and its liquidity will be locked for 100 years. The team is also undergoing a KYC application, and the results will be posted soon.

AT its level one presale, SPRK is offered at $0.015. Experienced cryptocurrency analysts predict that its value can reach 40x its current value in the upcoming months due to the overall appeal of precious metals and the direction of the Web3 space.

We believe that this is a very promising investment opportunity and that investors who get into it early can get the most growth out of it.

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Investors Move To Sparklo (SPRK) As Ethereum’s (ETH) Price Struggles To Stabilize

By
TI Partners
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0

In recent years, the crypto world has been marked by ups and downs with some digital currencies experiencing massive gains while others have struggled to stay afloat. Ethereum (ETH), one of the top cryptocurrencies, is struggling to remain above the $1,900 mark.

However, a new crypto project taking the ecosystem by storm. Sparklo (SPRK) is a cryptocurrency that is poised for massive profits in 2023, thanks to its growing popularity and unique features.

Ethereum (ETH) Struggles To Remain Above $1,900

Ethereum (ETH), the altcoin with the largest market cap, began a new decline recently after failing to break the $2,125 resistance, similar to BTC. It dropped below $1,950 and hit a low of $1,910 before stabilizing. Currently trading below $1,960 and the 100-hourly Simple Moving Average, Ethereum (ETH) faces immediate resistance at $1,950.

On ETH/USD’s hourly chart, a significant bearish trend line is taking shape with resistance at around $1,950. Additionally, the trend line intersects with the 23.6% Fib retracement level of the major drop from the $2,124 high to the $1,910 low.

If Ethereum (ETH) cannot surpass the $1,950 resistance, it may continue to decline. The initial support lies around the recent low of $1,920. If Ethereum (ETH) falls below that, the next significant support is at the $1,900 level, which could result in further bearish momentum for Ethereum (ETH).

Sparklo (SPRK) Offers Opportunity To Invest In Precious Metals Like Gold

Sparklo’s (SPRK) upcoming launch is set to revolutionize the cryptocurrency investment world by providing a great opportunity for investors to purchase gold, silver, and platinum bars through their platform.

Previously, purchasing these precious metals posed a considerable challenge for many as they are very expensive. However, Sparklo’s new approach aims to eliminate these difficulties and open up the market to a wider range of potential investors.

Sparklo (SPRK) has introduced fractional ownership, which promises to increase accessibility and liquidity to these assets. Meanwhile, the platform has already undergone an InterFi Network review and is currently working on a KYC application.

The aim of the project is to create an innovative investment opportunity for traders to exchange fractionalized NFTs that are backed by silver, gold, and platinum bars. Sparklo (SPRK) has the potential to shake up the crypto space and revolutionize the way investors view and trade precious metals.

Meanwhile, Sparklo (SPRK) has already opened the first stage of its token presale with the token going for $0.015 per piece.

 

Find out more about the presale:

Website: https://sparklo.finance

Presale: https://invest.sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

Uwerx: The Cryptocurrency Presale Revolutionizing The Market As Ethereum Classic (ETC) and TRON (TRX) Face Declines

By
TI Partners
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0

As the cryptocurrency market continues to evolve, new players are emerging with the potential to disrupt the status quo. Uwerx, a revolutionary new cryptocurrency, is one such player that is poised to make a significant impact in the industry.

With its unique features and strong fundamentals, Uwerx is ready to take on the established leaders in the market and emerge as the new leader in the world of freelancing and cryptocurrency.

Ethereum Classic (ETC) Shows A Relatively Stable Performance

Ethereum Classic (ETC) is a decentralized, open-source blockchain platform. It was created due to an Ethereum blockchain hard fork in 2016. ETC uses a Proof-of-Work (PoW) consensus algorithm, and its main focus is to maintain the original vision of Ethereum as a decentralized, immutable blockchain.

Technical analysis shows Ethereum Classic prices are expected to be $31.91 minimum in 2023. Time will tell if Ethereum Classic will be able to continue this momentum, with a sharp decrease in price in the past few days.

The maximum level that the Ethereum Classic (ETC) price can reach is $38.56. The average trading price is expected to be around $33.06, which shows a relatively stable performance in the crypto market.

TRON (TRX) Focuses On Global Digital Content Entertainment System

TRON (TRX) is a decentralized open-source blockchain platform that aims to create a global digital content entertainment system with distributed storage technology. TRON’s platform allows for the creation and execution of smart contracts, and the platform’s native cryptocurrency is TRX.

The current Tron (TRX) price is $0.06, with a market cap of $5,668,830,507.41. Technical analysis shows TRON prices will be at the minimum of $0.079992 in 2023. The max level that the TRX price can reach is $0.09999. The average trading price is expected to be around $0.0829917.

Uwerx (WERX) Is Ready To Emerge As A Revolutionary New Leader

Uwerx looks set to be a revolutionary new cryptocurrency that is set to shake up the market and emerge as a leader in the industry. With a host of advantages over traditional freelancing platforms, Uwerx could be poised to become a dominating force in the world of freelancing with a host of advantages over traditional freelancing platforms.

It seems extremely likely that Uwerx will become a blue-chip cryptocurrency platform used by millions around the world, and as a result, end up with a huge market capitalization. For this reason alone, the presale presents itself as an attractive investment opportunity for those looking to get in early on a potentially lucrative project.

As most experienced investors know, investing early into projects with solid fundamentals and growth potential is often where significant gains are made.

In addition, Uwerx has completed not one, but two audits by InterFi Network and SolidProof before they even launched, which is definitely an encouraging sign to potential investors. It clearly indicates that the project is well-vetted and has a strong foundation.

Moreover, liquidity will be locked when Uwerx concludes its presale – this lock will be for 25 years; it is a long-term commitment to the project, which will help ensure its stability and growth in the future.

When compared to Ethereum Classic (ETC) and TRON (TRX), Uwerx will stand out as a more promising investment opportunity. Both ETC and TRX have been around for some time now, and while they have seen some positive price action, they do not have the same potential for growth as Uwerx.

In conclusion, Uwerx is a game-changing cryptocurrency that is set to revolutionize the market and emerge as a leader in the industry. Moreover, it seeks to solve real world problems that are associated with a consistently fast-growing sector, i.e., the freelance industry. Get in on the presale whilst you can, check the links below to find out more.

 

Presale: invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/

Bitcoin and Cousins Receive Good News from Europe

By
Ndubuisi Ekekwe
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0

It is a great irony: for Bitcoin and its cousins to thrive, they need the government. Yes, while the world of cryptocurrency is primarily designed to be untethered from the government, to go mainstream at scale, it needs the blessing of the government because people use money created by governments to acquire those crypto assets, indirectly or indirectly.

This makes the news that the European Union lawmakers have approved laws for the regulation of cryptocurrencies very amazing. Many citizens in the crypto world will not like this call, but institutional investors will come along in the near future.

European Union lawmakers have approved laws for the regulation of cryptocurrencies.

In a vote on Thursday, members in the EU parliament voted 517 in favor, while 38 voted against passing the Markets in Crypto Act or MiCA regulation, a highly anticipated regulatory framework that will take effect in 2024.

Speaking on this, the European Commissioner for Financial Stability, Financial Services, and Capital Markets Union, Mairead McGuiness said, the union is putting safeguards in place that would prevent companies active on the EU market from engaging in some of the practices that led certain crypto asset operators to collapse.

For you to invest your $1,000, you may not think of many factors, but when it comes down to $100 million, books have to be examined, because now it is other people’s money, and you cannot just gamble mindlessly.

Like it or hate it, a clear regulation will do the crypto people a great favour because it will bring clarity on what hodlers and traders can expect in the day and night. I do hope Nigeria crafts its own regulation, or even better, the African Union should lead that for continental Africa.

EU Lawmakers Approve Laws For Regulation of Cryptocurrencies

By
Ojukwu Emmanuel
-
0

European Union lawmakers have approved laws for the regulation of cryptocurrencies.

In a vote on Thursday, members in the EU parliament voted 517 in favor, while 38 voted against passing the Markets in Crypto Act or MiCA regulation, a highly anticipated regulatory framework that will take effect in 2024.

Speaking on this, the European Commissioner for Financial Stability, Financial Services, and Capital Markets Union, Mairead McGuiness said, the union is putting safeguards in place that would prevent companies active on the EU market from engaging in some of the practices that led certain crypto asset operators to collapse.

“As we have seen in recent months, stringent rules and supervision are very much needed because we’ve had the collapse of projects such as FTX, Terra Luna, Celsius, and Voyager”, she added.

What Does Markets in Crypto-Assets (MiCA) Entail?

The Markets in Crypto Assets (MiCA) is a set of crypto-related regulations intended to close existing EU financial services legislation gaps. The regulatory framework will propose new rules and regulations for certain types of crypto-assets, such as Asset Reference Tokens (ARTs), E-Money Tokens (EMTs), and utility tokens.

Under the new regulation, Crypto-Asset Service Providers (CASPs) will be required to gain registration in one of the bloc’s member states to operate within the EU. These platforms, which include exchanges and portfolio management, will be subject to new rules, including governance and liquidity requirements. 

MiCA also introduces new rules prohibiting market abuse related to any crypto-asset transaction or service. This includes unlawful disclosure of inside information, insider trading, and actions that can disrupt or manipulate crypto assets.

It is also worth noting that MiCA imposes restrictions on issuing and using stablecoins. Specifically, the regulation introduces stricter rules for stablecoin issuers due to related concerns about financial stability and monetary sovereignty.

The EU’s new crypto legislation comes as regulators in the US have been seeking to regulate the sector through enforcement actions without providing any regulatory clarity. Many in the crypto industry have welcomed Following the EU’s approach to proposing a clear digital asset sector regulatory framework, many players in the crypto industry have welcomed the decision, while some have expressed concern about the complexity of the rules, with several others noting that it could help restore confidence in the sector. 

Binance CEO Changpeng ‘CZ’ Zhao on Thursday disclosed that the recent crypto regulation laws bring to the market clear rules of the game for crypto exchanges, which he describes as a win for Europe.

He wrote via a tweet,

“The fine details will matter, but overall we think this is a pragmatic solution to the challenges we collectively face. There are no clear rules of the game for crypto exchanges to operate in the EU. We’re ready to make adjustments to our business over the next 12-18 months to be in a position of full compliance.”

Also, Koin X, a platform that provides a seamless experience to understand and calculate crypto taxes welcomed the crypto regulation laws. The company disclosed that following the recent collapse of several exchanges, it would help restore the trust that was damaged and bring stability to the sector.

The company wrote via a tweet,

“MiCA, whose main political outlines were agreed upon last year, would allow crypto exchanges and digital-wallet companies to offer regulated services across the bloc and requires stablecoin issuers to hold sufficient reserves.

“With the recent events in the crypto industry like the collapse of FTX, Celsius Network, and Voyager Digital and of the terraUSD stablecoin. MiCA would help restore the trust that was damaged by the events and bring stability to the sector.”

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