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TRON (TRX) Pirces Remains Flat, While Aptos (APT) and Collateral Network (COLT) Are Providing Market Leading Returns

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Tron (TRX) trading remained flat as the TRX token price crabs along, impacted by recent fake news on a controversial Twitter account. Meanwhile, Aptos (APT) has seen its price go up as it maintains a bullish trend.

While Collateral Network (COLT) has been met with high expectations of achieving 3500% gains during their presale.

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Does Tron (TRX) have a future?

Tron has not been making any moves lately as it deals with the ripple effects of false information on social media. Tron is the second largest DeFi with a TVL of $3.77 billion.

Fake news about the founder of Tron, Justin Sun, was recently posted on a Twitter account in a bid to manipulate the market. The fake information stated that the Tron founder had been arrested leading to a selling frenzy that saw TRX lose more than $400 million in market capitalization in just an hour.

Fortunately, Tron responded to the fake news immediately to save the situation. Since then, TRX has been trading sideways. Looking at the daily chart, Tron is struggling to break over the $0.09 resistance level.

If Tron does manage to drive more buying interest and demand, it could climb again and possibly reach its previous all-time high of $0.30. At the time of writing, Tron is trading at $0.067.

What is the price prediction for Aptos?

Aptos (APT) is still continuing its bullish trend that began late last year. Keep in mind that Aptos is the latest layer 1 blockchain project. DeFi and decentralized applications developers are flocking to Aptos because of the platform’s attractive features such as speed, scalability, anonymity, and low cost of entry.

Aptos uses a combination of sharding and proof-of-stake consensus to process thousands of transactions per second. These features make Aptos the go-to platform for developers looking for a fast, low-cost, and efficient solution.

Aptos was listed in late 2022 and has been on a bullish trend since the beginning of 2023. Aptos began the year trading at $3.10 before surging to over $20. At the time of writing, Aptos (APT) is trading at $10.24. Investors are optimistic of a major price rally for Aptos in 2023.

Collateral Network (COLT) 40% price increase is setting the pace

Collateral Network  has also been making news in the cryptocurrency world with a 40% price gain having seen its price jump from $0.01 to $0.04.

So, what’s driving the demand for Collateral Network (COLT) during presale?

One thing that is attracting investors to Collateral Network (COLT) is how the new project is set to revolutionize the borrowing and lending sectors in ways that have never been seen before. Collateral Network (COLT) is the first blockchain project in the world that allows borrowers to unlock liquidity from their physical assets.

You can unlock liquidity from any valuable asset on the Collateral Network (COLT) platform including real estate, vintage cars, luxury watches, jewelry, fine art, and many more. Collateral Network mints assets into NFTs and fractionalises them.The fractionalised NFTs created on the Collateral Network platform allows anyone to borrow money from multiple lenders.

Therefore, lenders become their own mini banks and can make fixed weekly income from set interest rates. As for borrowers, they can access funds seamlessly without damaging their credit score or dealing with traditional institutions like banks.

The Collateral Network (COLT) ecosystem is powered by the COLT token. Holders of COLT tokens enjoy several benefits such as lower trading and borrowing costs, staking rewards, and voting rights among other perks.

Collateral Network (COLT) is in the presale stage at the moment. Analysts predict the price of COLT to rise by 3500% by the time the presale concludes.

Find Out More About the Collateral Network Presale Here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Implication of US Bank Depilation ACT on the Crypto Industry

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The US Bank Depilation Act of 2023 is a controversial legislation that aims to reduce the power and influence of the banking sector in the US economy. The act imposes strict regulations on the banks, such as limiting their size, scope, and leverage, as well as imposing higher taxes and fees on their transactions and profits. The act also creates a public banking option that offers low-cost and accessible financial services to the unbanked and underbanked population.

The act has been met with fierce opposition from the banking industry, which argues that it will stifle innovation, competition, and growth in the financial sector. The industry also warns that the act will undermine the stability and security of the US financial system, as well as its global leadership and influence.

However, the act has also been welcomed by some segments of the society, especially those who are dissatisfied with the current state of the banking system. These include activists, advocates, and enthusiasts of the crypto industry, who see the act as an opportunity to promote and expand the adoption and use of cryptocurrencies and blockchain technology.

The crypto industry is a decentralized and distributed network of digital assets and platforms that operate outside the control and regulation of the traditional financial institutions. The industry offers various benefits to its users, such as lower costs, faster transactions, greater privacy, and more freedom and autonomy.

The implication of the US Bank Depilation Act on the crypto industry is twofold. On one hand, the act could create more demand and interest for cryptocurrencies and blockchain technology, as more people seek alternative ways to store and transfer value. The act could also create more space and support for innovation and development in the crypto industry, as it reduces the barriers and threats posed by the banking sector.

On the other hand, the act could also create more challenges and risks for the crypto industry, as it exposes it to more scrutiny and regulation from the government and other authorities. The act could also create more volatility and uncertainty in the crypto market, as it affects the supply and demand of fiat currencies and other assets.

In conclusion, the US Bank Depilation Act is a significant event that will have a profound impact on both the banking sector and the crypto industry. The act will create both opportunities and challenges for the crypto industry, which will have to adapt and respond accordingly. The act will also shape the future of finance in the US and beyond.

Bitcoin Can Power More Than Just Digital Signatures

Bitcoin is more than just a digital currency. It is also a network of trust, security, and innovation. Ordinals Inscriptions is passionate about exploring the potential of Bitcoin to create new solutions for digital signatures and beyond.

One of the flagship products is Ordinals Sign, a platform that enables users to sign and verify documents and transactions using Bitcoin.

Ordinals Sign leverages the power of the Bitcoin blockchain to provide immutable and verifiable proof of identity, ownership, and consent. Users can sign and verify contracts, invoices, receipts, and other documents with just a few clicks, without relying on third-party intermediaries or centralized authorities.

But its not stopping there. They are also developing a new service that will allow users to make and receive payments in Bitcoin with ease and efficiency— Ordinals Pay, a service that will revolutionize the way people use Bitcoin for everyday transactions.

Ordinals Pay is a service that will use the Lightning Network, a second-layer solution that enhances the scalability and speed of Bitcoin transactions. The Lightning Network allows users to create channels of payments between each other, without having to broadcast every transaction to the main blockchain. This reduces the congestion and costs of the network, while preserving its decentralization and security.

With Ordinals Pay, users will be able to create and join payment channels with other users or merchants, and send and receive Bitcoin instantly and cheaply. Users will also be able to use Ordinals Sign to sign and verify their payment requests and invoices, creating a seamless and trustworthy payment experience.

Ordinals Pay will open up new possibilities for Bitcoin adoption and innovation. The service will be compatible with any Lightning Network-enabled wallet or service, and it will also integrate with other platforms and applications that use Ordinals scripts in its set ups.

Latest Crypto News With Lido & ICP While Big Eyes Coin Looks To Be The Next Big Meme Coin

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There are many exciting things taking place in the world of cryptocurrencies that we’ll have a look at in this latest roundup on crypto news. As we look at Lido DAO (LDO) and Internet Computer (ICP) our main focus will be on the young meme coin hotshot Big Eyes Coin (BIG) that has enjoyed an incredible presale this year and is destined for great things. What, exactly, those great things will be is what we’ll explore in this article.

What Can Lido DAO Offer Investors?

Lido DAO is a liquid staking solution that is available on the Ethereum network. The term liquid staking refers to receiving liquid tokens in exchange for depositing tokens. Lido was founded in December 2020 and is governed by a DAO (decentralised autonomous organisation).

Lido DAO is now one of the more used platforms for liquid staking, having accumulated over $13 billion in staked assets within a year of its inception. Despite being initially developed with a focus on Ethereum, it has now diversified and works on other blockchain networks like Solana and Terra, which it launched staking for in 2021.

Another important feature of Lido DAO is that it is decentralised and also offers a high annual percentage rate of 4.8, 8.1%, and 6.66% APR respectively for staking Ethereum, Terra, and Solana.

What is Internet Computer?

Internet Computer, powered by innovations in cryptography, incorporates a radical revamp of blockchain design by providing the first World Computer blockchain. Its blockchain technology can be used to build almost any online system or service without the requirement for traditional IT such as cloud computing services. Due to this, it can enable full end-to-end decentralisation.

Imagine a scenario where you create a group chat to organise something with your friends or interact with photos uploaded by your romantic partner. These social networks constitute a vital part of everyday life but are accompanied by a myriad of privacy issues and can sometimes overwhelm users with advertisements.

Web3 can radically change this old formula. Whereas before blockchains could only build Web3 services in conjunction with traditional IT, such as cloud computing services, a World Computer blockchain enables the possibility of building services that run entirely on blockchain.

Big Eyes Coin is the Meme Coin Seizing Attention

Meme coins have been a wonderfully lighthearted addition to cryptocurrencies. Their ability to connect with what constitutes contemporary culture – internet memes – has allowed them to gain a foothold within the crypto sector. Crypto investors are always searching for new crypto projects and the meme coin terrain is always unveiling new coins.

The latest meme coin that has many investors gravitating towards it is Big Eyes Coin.

Based on the theme of cat memes, Big Eyes Coin has blended the online meme culture with an enticing ecosystem to create a strong sense of community. It has utilised its social media platforms to successfully enchant people into becoming followers, supporters, and then investors.

Big Eyes Coin has accumulated well over $35m in its presales, cementing its place in history as one of the biggest cryptocurrencies in terms of presale numbers. The impressive nature of this is heightened when one considers that investor confidence in the overall state of cryptocurrency may have been rocked by multiple turbulences, including the FTX crash and subsequent closure of several crypto-focused banks.

With its presale to end in the opening week of June, Big Eyes could have what it takes to become the biggest meme coin in crypto. Others better beware of this ferociously cute cat.

 

For more on Big Eyes Coin (BIG):

Presale: https://buy1.bigeyes.space/?source=tekedia

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards

Twitter: https://twitter.com/BigEyesCoin

Apecoin (APE) and Axie Infinity (AXS) Lose Steam as Metaverse Investors Turn to Web 3 Investment Platform, Yachtify (YCHT)

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The metaverse gained popularity in 2021, attracting most investors that entered the crypto industry. Being metaverse tokens, Axie Infinity (AXS) and Apecoin (APE) became two of the most popular assets for investors.

However, with the rise of Web 3 as the future of the internet, metaverse investors are beginning to leave the likes of Apecoin (APE) and Axie Infinity (AXS) for new investment platforms like Yachtify, which breaks a longstanding investment barrier.

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Losses Continue to Mount for Apecoin (APE)

Apecoin (APE) is a product of the Bored Ape Yacht Club (BAYC) – one of the most prominent NFT and metaverse providers. Being already popular and issued through an airdrop, Apecoin (APE) quickly gained attention from investors.

The decreasing talks of the metaverse have certainly taken a toll on Apecoin (APE). Since reaching its peak on May 17th, 2022 the price of Apecoin (APE) has tumbled more than 90%.

The poor performance of Apecoin (APE) has led many investors to either be on the alert or find other opportunities. At the time of this writing, Apecoin (APE) currently trades at $3.88 and continues to be under bullish pressure, losing 23% of its value over the last 2 months.

Axie Infinity (AXS) Suffers Despite Ecosystem Growth

Axie Infinity (AXS) was one of the first metaverse platforms and enjoyed a lot of success in 2021 as the concept went mainstream. The Axie Infinity (AXS) ecosystem continues to grow with constant partnerships and developments.

Despite Axie Infinity (AXS) being one of the biggest metaverse platforms, its token has not lived up to expectations for investors. Since its high of over $160 in 2021, Axie Infinity (AXS) has tumbled by more than 95%.

At the time of this writing, Axie Infinity (AXS) trades at $7.56 per token. The lack of bullish momentum has led to many investors trooping into the new bubbling Web 3 space, which features a one-of-a-kind project, Yachtify.

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Yachtify (YCHT): Invest in Luxurious Yacht Market

Investing in luxury boats has seen unprecedented growth following the COVID-19 pandemic. However, because they are expensive to buy and maintain, only a handful of investors have been able to get involved in the industry.

Yachtify will be breaking down those barriers by allowing investors to be able to own a portion of these luxury items via fractionalized NFTs. Yachtify wants to establish a marketplace that enables individuals to earn passive income by investing and owning fractions of boats.

The NFTs minted on Yachtify will be backed by the actual luxury boats and owners will receive a portion of the rental income proportionate to their overall stake when their boat is rented out.

In addition, Yachtify will offer discounted private yacht charters, free sailing lessons, and free yacht offerings to owners of these NFTs. The project has passed its audit conducted by SolidProof, vetting the status of the products it offers as 100%.

The first phase of Yachtify’s token presale is ongoing. $YCHT is currently being sold at a rate of $0.1 per token. Following the launch of the project.

 

Find out more about the Yachtify (YCHT) presale:

Website: https://yachtify.market

Presale: https://buy.yachtify.market/login

Twitter: https://twitter.com/yachtify_market

Telegram: https://t.me/yachtify

Sparklo (SPRK) to Rival 1inch Network (1INCH) in the Next Bull Cycle

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With the long winter or bear cycle nearly coming to an end, considering all indicators, the global crypto market is ready to enter its next cycle—bull. Sparklo presale and 1inch Network (1INCH) have been identified as the two projects to lead this market, hence the interest shown by investors.

Sparklo (SPRK): A Unique Approach to Investment in Precious Metals

Before Sparklo, access to investment in precious metals was rare. Thanks to it, investors will be allowed to invest in precious metals such as gold, silver, and platinum, either in bits or completely, through a unique approach. The investment platform will allow investment in rare metals through NFTs and fractionalized NFTs. The purchase of the complete NFT collection, not fractions, will result in the physical asset being delivered to the investor and not only digitally stored.

Early adopters aiming to hitch-hike on Sparklo’s potential growth can invest in its presale at only $0.017, in addition to a 30% bonus on all purchases until Friday, May 5th. According to analysts, Sparklo’s growth within a year can be as high as 3,000%, making it a lucrative investment.

Furthermore, investments are secure and confidence is improved through the lock of liquidity for 100 years, a smart contract audit by InterFi Network, and an ongoing KYC audit.

Considering these, the Sparklo presale has been deemed a profitable and secure investment by the crypto community, which is excited about its presale.

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1inch Network (1INCH): An Impressive April for the DEX Aggregator

1inch Network (1INCH) is a decentralized protocol that enables lucrative, fast, and secure operations in the DeFi space. In its monthly digest for April posted on the official website yesterday, March 2nd, news, integration, and updates that happened the month before were mentioned.

A notable event that happened with the 1inch Network (1INCH) protocol was its continued expansion in the DeFi space by adding zKSync Era to its list of supported networks. This expansion led to users gaining access to more liquidity and, in the future, enjoying lower fees and higher transaction speeds. Furthermore, 1inch Network (1INCH) was also extended to more networks, which are now available on Avalanche, Arbitrum, and Optimism. This expansion will see users enjoy lucrative and secure fusion mode swaps across the networks.

Another notable event that happened within the 1inch Network (1INCH) protocol the previous month was its steps to protect against maximal extractable value (MEV) exploits by joining the MEV Blocker Project. With hundreds to millions of dollars stolen using this technique, including over $25 million recently stolen by hackers, 1inch Network (1INCH) is joining the MEV Blocker that will help redistribute 90% of profits from MEV capture back to users.

The integration and updates coming from the 1inch Network (1INCH) ecosystem in the previous month were positive ones. This should impact the price currently trading at $0.4 and down by 1.2% and 8.5% in the past 24 hours and 7 days, respectively, with a surge close.

A price reversal is imminent for 1inch Network (1INCH), making it a lucrative investment along with the Sparklo presale.

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