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Crypto Weekend Roundup

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The Crypto Industry during the week plummeted along the red zone with the world leading digital assets Bitcoin and Ethereum losing grasp on its $24,000 and $1,700 high over last weekend with the price of Bitcoin and ETHEREUM currently trading at $22,900 and $1535 respectively. The circulation of Institutional funds witnessed a decline owing to the Security and Exchange Commission overhang on Crypto Staking Services which spurred many CEXs to discontinue providing the services. The global crypto market capitalization is seated at $1.Trillion up 1.2% in the 24 hours zone but down 2.2% on the seven days global chart.

Ethereum Shanghai Fork

$25B in Ethereum is about to be unstaked as soon as the Shanghai upgrade goes live. A recent report by JPMorgan has revealed that the upcoming Shanghai upgrade, slated to be applied in March, might bring more capital to the network. The investment bank estimates that Shanghai will bring Ethereum’s stake percentage to the number of other popular proof of stake networks that have more than four times the ether currently staked.

Assuming the staking rate converges over time to the 60% average of other large networks, the number of validators could increase from $0.5 million to$ 2.2 million and the annual yield in ETH would fall from 7.4% today to around 5%.

14% of the issuance of ether is currently staked, and cannot be withdrawn until the Shanghai update is finally applied. Other protocols, like Solana and Cardano, have approximately 70% of their issuance staked, according to data from Staking rewards.

Kraken is about to exit its Crypto Staking Service due to SEC Overhang

On Thursday, the SEC and Kraken, one of the largest crypto exchanges globally, announced a settlement under which Kraken agreed to discontinue its staking-as-a-service program in the U.S. and pay a $30 million fine. While Brian Armstrong’s umpire Coinbase Exchange does not seem to see an immediate threat to its Earn program as a result of Thursday’s settlement, our sense is that the market believes recent SEC action is not a one-off event. Accordingly, the bigger question for Coinbase and its peers moving forward will be around what other products and services the agency may seek to regulate next, with near-term headline uncertainty spooking investors,” the analysts stated.

ZK and AI Trends

How to make crazy return in crypto is by identifying trends. Just like the AI trend, here is another fresh trend coming up on crypto now. Name is “Zero Knowledge Proof Coins” (ZK) . In the coming days, coins on this section will see some pump.

During the week, AI and ZK— alike tokens did amazing run, among the Layer-2 and ZK coins this one coin $ROSE from Layer-1 caught my attention. It successfully formed Cup and Handle formation which indicates a bullish trend.

It will face a small local resistance and if the market condition is good we may soon reach the profit target. Searching for lowcap with great utility is the best way to maximum profits in since ZK trends is making wave.

Binance Upgraded Proof of Reserves

Binance recently upgraded its Proof of Reserves system with zk-SNARKS. Over the last few months, Binance’s dev team has been hard at work building advanced proof-of-solvency solutions. Such tools have become critical for centralized crypto exchanges amid the crisis of trust that engulfed the industry in the wake of the FTX collapse. User funds stored on Binance are backed at a 1:1 ratio, plus reserves, and finding a way to prove this to the public seamlessly has become a major part of Binance’s plan to restore industry trust.

Will Dubai Become The New Crypto Hub? Will Hedera, Terra Classic, & Big Eyes Coin Book A Ticket To The Emirates?

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The Virtual Assets Regulatory Authority (VARA) released its regulatory rulebook for 2023 on Wednesday, February 8th. This has given a boost to Dubai’s aspiration of becoming the center of the cryptocurrency landscape.

The regulatory authority has stated that any entity within the Emirates looking to issue virtual assets will have to start by applying for a license to operate in Dubai. The aim is to attract as many crypto businesses and investors to the Emirates as possible.

VARA’s Executive Board Chairman Helal Saeed stated that their mission is “to establish the Emirate as the capital of the future economy anchored by metaverse, AI, Web3.0 and blockchain.”

“This custom-designed construct reflects UAE’s commitment to building responsible safeguards and Dubai’s confidence in delivering a progressive VA ecosystem that nurtures next-gen innovation,” he added.

Hedera today gone tomorrow?

Will the blockchain technology Hedera (HBAR) get a one-way ticket to the New Crypto Hub in the Emirates? Hedera is designed for enterprise-level solutions aimed at big companies and may look to operate elements of this in Dubai, who knows?

Hedera can boast a portfolio already encompassing both Google and IBM, which is not surprising as they are both a part of the 39-member Hedera Governance Council.

Hedera has worked hard on its partnership programs, connecting with global powerhouses  LG, Boeing, and Deutsche Telekom. These associations have led to increased adoption and trade for the open-source public ledger.

At the time of writing this article, Hedera was trading at $0.07157, down 5.08% in the last 24 hours, also down 3.5% in the past 7 days. However, overall market capitalization sits at $1,863,096,086.

Terra Classic upgrade to first class

Luna Classic (LUNC) should not be confused with the original Terra Luna coin, which ran after the launch of a new Terra chain and after the UST/Luna collapse. The new coin separated from Luna Classic (LUNA) and still carries the Terra title as well as its Luna token named Luna 2.0.

But Terra Classic has moved on with no regrets, and it has announced its plans to launch a new upgrade called v1.0.5. This upgrade is aimed at evolving the ‘keeper’ that stores the map of modules in the whole application memory.

Terra Classic (LUNC) traded at $0.0001738 at the time of this article, down 3.11%. Over the last 24 hours. Over the last seven days, however, Terra Classic has seen an increase of 0.21%, and market capitalization also sat at $1,024,342,366.

Big Eyes Pre-sailing to Dubai

Big Eyes Coin (BIG) is, in many respects, the new crypto coin in the market space. The popular meme coin isn’t just focusing on investment returns but also has charitable aspirations. The crypto newcomers are giving 5% of all their tokens to a charity wallet.

Big Eyes is on the Ethereum Network, moving wealth into the Decentralised Finance (DeFi) ecosystem. This means that all the Big Eye Coin investors could have up to 70% available at launch.

Experts are starting to suggest that this  Big Eyes’ pre-sales cycle may end up hitting the biggest presale numbers in the past five years, as they have already broken the record set two years ago.

Presale is entering Stage 11, and the impressive 200% bonus is still available. Use the promotional code LAUNCHBIGEYES200 on the Big Eyes Coin website to join the meme-coin community.

New Cryptos like Cat-themed meme coin Big Eyes Coin will be looking positively at the horizon, maybe even booking its place in the crypto hub future of Dubai. The market has been boasted by its $25 million+ presale tally.

Conclusion

As The Virtual Assets Regulatory Authority (VARA)  rulebook sits on the desks of bigwigs the world over, who will be aiming to get a bit of the Emirates pie? Big Eyes have shown that they have an impressive bargaining chip with its pre-sale numbers.

More established cats on the crypto scene may yet have something to say,  as the Terra Classic upgrade could be a game changer, and who knows who Hedera will be partnering with next?

 

For More Information On Big Eyes Coin:

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

650,000bpd Dangote Refinery To Commence Operations In Few Weeks

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The much anticipated Dangote refinery billed to produce 650,000 barrels of crude oil per day has been said to be presently ready for commissioning and operations to address the current economic crisis impacted by fuel scarcity in the country.

Speaking as a Dangote Group representative during the ‘Dangote Day’ at the 44th Kaduna International Trade Fair on Saturday, Abdulsalam Waya, General Manager, Dangote Sugar (North) made it known that in a matter of weeks the refinery will be commissioned to start production.

According to Waya, “with 650,000 barrels per day, the refinery will take care of the perenial fuel scarcity as it will complement government’s effort in making sure products are available to Nigerians.” He added that as soon as operation kicksoff, issues of long queues at filling stations, sales of petroleum products at exorbitant prices and hoarding will be settled.

Waya who described the Dangote Group as the biggest employer of labour outside the government noted that the company has touched the lives of millions of Nigerians in many ways with its products. According to him:

“There’s no any household in the country that do not patronize either Dangote sugar, Dangote salt or Dangote cement.

” We have equally continued to boost the nation’s economy by investing heavily in agriculture and minerals resources because these two sectors are strategic to the growth of the economy.”

Other representatives of the Dangote Group from Dangote Cement to Dangote Fertilizer present at the event also highlighted the milestones of the company from the perspective of their respective subsidiaries and value chains.

Binance (BNB), Cardano (ADA) and Orbeon Protocol (ORBN): Which One Will Rule the Crypto Market in 2023?

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With the crypto market constantly evolving, the question on everyone’s mind is which coin will reign supreme in 2023. Three contenders are making a strong case – Binance (BNB), Cardano (ADA) and the up-and-coming Orbeon Protocol (ORBN). 

As Orbeon Protocol (ORBN) continues to disrupt the traditional venture capital and crowdfunding space with its equity-based NFTs, it’s clear that the market is taking notice. With the Orbeon Protocol (ORBN) token soaring 1675% in value and currently trading at $0.071 in its pre sale phase 7, it’s time to pay attention to this DeFi trailblazer and wonder, could it be the one to rule the crypto market in 2023?

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Binance (BNB)

Since its launch in 2017, Binance (BNB), a cryptocurrency, has been making waves on the market. Binance (BNB) is the biggest cryptocurrency exchange as of right now, and BNB is its own native token.

Binance (BNB) can be used on the Binance platform to pay for trading fees and other services. Binance (BNB) has a good track record of giving its users value, like buying back and burning tokens, and has always been in the top 10 largest cryptocurrencies by market capitalization.

Binance (BNB) will benefit in 2023 from its vast list of services. Binance (BNB) is in a good position to continue to be the leader in the cryptocurrency market in 2023 and beyond. Binance (BNB) has a strong team and a growing ecosystem.

>>BUY ORBEON TOKENS HERE<<

Cardano (ADA)

Cardano (ADA) prides itself as a cutting-edge cryptocurrency that has significantly influenced the cryptocurrency industry since its inception in 2015. Cardano (ADA) is a smart contract platform aiming to provide more secure and long-term solutions than other cryptocurrencies. The utility of Cardano (ADA) is derived from its usage as a payment method and its capacity to power decentralized apps.

The Cardano (ADA) technology is continually changing and improving because of a strong focus on research and development. Because of its origins in scientific philosophy, Cardano (ADA) is one of the most secure and well-designed cryptocurrencies on the market.

Cardano (ADA) is also ecologically responsible, employing a proof-of-stake consensus method that consumes far less energy than other proof-of-work cryptocurrencies. Cardano (ADA) is poised to be one of the market leaders in 2023, as it has already surged over 55%.

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Orbeon Protocol (ORBN)

Orbeon Protocol (ORBN) is a revolutionary blockchain-based investment platform that assists startup owners in raising financing through a decentralized crowdfunding and venture capital platform. Orbeon Protocol (ORBN) enables early-stage enterprises and organizations to generate funds to issue equity-based NFTs, which are subsequently divided into fractions and sold to investors for as little as $1.

The venture capital and crowdfunding sectors will be transformed by Orbeon Protocol (ORBN), which will remove barriers to early-stage investment opportunities for everyone.

Orbeon Protocol (ORBN) is kept secure by a “Fill or Kill” feature. If a company’s fundraising round fails, the mechanism incorporated into the Orbeon Protocol (ORBN) smart contracts will refund the money to investors.

Because Orbeon Protocol (ORBN) has a large real-world use case, its token, ORBN, is posting massive gains in its presale. Market analysts believe Orbeon Protocol (ORBN) will increase by at least 6000% throughout the presale period, hitting $0.24. Orbeon Protocol (ORBN) is currently trading at $0.071 after a 1675% increase in price.

 

Find Out More About The Orbeon Protocol Presale

Website: https://orbeonprotocol.com/

Presale: https://presale.orbeonprotocol.com/register

5 Reasons to Pick Big Eyes Coin, Binance, and Dash for Your Next Crypto Move  

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We are living in good times. People who exist in this time are lucky enough to have multiple options available for literally everything. Even there is no more dearth of investment options since the arrival of cryptocurrencies. Now and then, a new cryptocurrency comes to the fore and creates a frenzy. This time, Big Eyes Coin (BIG), a cat-themed meme coin, is setting the stage on fire with its presale performance.

Staggering Numbers

Big Eyes Coin is in the middle of a dream run, during which its presales have entered stage 11. The meme coin is not far away from breaching an envious mark of $25 million. By February 10, 2023, Big Eyes Coin raised an impressive $24.88 million before its official launch, which makes it one of the biggest presales in the last two years.

Apart from many market-centric reasons behind the rise of cryptocurrency, the recent innovation in making crypto investments easier also plays a crucial role. The arrival of innovative cryptocurrencies like Big Eyes Coin, Binance, and Dash has raised the bar higher for their predecessors.

Two of the most popular and well-established cryptocurrencies are Binance (BNB) and Dash (DASH), and Big Eyes Coin has further heated the competition. This article will discuss five key advantages of investing in Binance, Big Eyes Coin, and Dash.

1. Availability of Liquidity No More a Concern

It’s time to get the maximum advantage from the liquidity which is available with technologically-sound cryptocurrencies like Big Eyes Coin, Dash, and Binance.

Binance, in particular, is one of the most active cryptocurrency exchanges in the world, which makes it easier than ever to buy or sell crypto coins on the platform. Liquidity has always been a major concern in the crypto community, and quick and easy transactions are the order of the day.

Dash also has a large and active user base, and its popularity is growing consistently yet rapidly. As more businesses accept cryptocurrencies, the market depth of Dash will take it to places.

Big Eyes Coin has also joined the elite class of cryptocurrencies that offers liquidity and market depth to its users. The cryptocurrency is already ballooning in its presales, which means a huge number of users have built trust in the new entrant, and this will drive liquidity in the times to come.

2. Strong Community and Development Team Has Your Back

Big Eyes Coin, Binance, and Dash all have a strong community base and development teams. These teams constantly work to improve their respective platforms and keep them at par with the latest technological advancements. The timely addition of new innovative features goes a long way in giving these cryptocurrencies a great chance of getting accepted in big numbers.

3. Security and Reliability Win the Day

Cryptocurrency investment has always been regarded as a risky business, and this particular thing has kept many potential customers at bay over the years. However, all three cryptocurrencies in question seem to have found a solution to this concern. They are not only well-established but also offer the best brand of cryptographic security to their users. At the end of the day, all crypto investors want is to see their token prices go northward and to stay secure against any hacking attempts.

4. Speedier and Cheaper Transactions are Here

Gone are the days when local or international financial transactions used to take days or even weeks to execute. We are living in the crypto era where players like Big Eyes Coin, Dash, and Binance offer speedier transactions than ever. And the cherry on top is that quicker transactions cost even less than conventional transaction solutions. Their ability to offer faster and cheaper transactions allows users to efficiently manage their investment portfolios.

5. Better Potential for Growth

One of the biggest advantages of investing in Big Eyes Coin, Binance, and Dash is the potential for growth and appreciation over time. All these cryptocurrencies have shown remarkable growth in recent years. Big Eyes Coin, though, is a relatively new player and still in its presale phase. However, the enormous response it has attracted is already something to be proud of. Similarly, Binance and Dash are widely regarded as among the most promising cryptocurrencies in the market.

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Talking about earning big, you get a chance to earn a whopping 200% extra when you use the promotional code LAUNCHBIGEYES200. Time is running out fast, so hurry up and start your crypto experience with an amazing kickstart.

Key Takeaways

Investing in Big Eyes Coin, Binance, and Dash could be the decision that you might feel proud of in some time. They offer a number of advantages and the opportunity to diversify your investment portfolio. Some of the benefits include liquidity and market depth, a strong community and development team, security and reliability, faster and cheaper transactions, and the potential for growth and appreciation.

 

Find Out More About Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL