Category: Bitcoin ETF

Categories
Bitcoin ETF Bitcoin Wallet Crypto Casino Games Cryptocurrency news Ripple

Crypto Market This Week: US Moves Forward With Pro-Crypto Moves, Major Coins Remain Volatile

The cryptocurrency market concludes another week with unprecedented developments that have sparked investor excitement. A strategic Bitcoin reserve was announced in the US, while a cryptocurrency reserve and summit were held. Simultaneously, despite the bullish developments, BTC and major league altcoins continued to encounter volatility in the market.

Below are some of the most talked-about market updates reported by CoinGape over the past week.

This week’s cryptocurrency market sees a Bitcoin stockpile and a cryptocurrency stockpile in the US.

US President Donald Trump announced a strategic Bitcoin reserve for the United States this week. This reserve is expected to comprise approximately 200,000 Bitcoins, which are currently held by the government through the cessation of funds involved in criminal and illicit activities.

Interestingly, Scott Bessent and Howard Lutnick have been appointed as officials who will focus on potential resources to help the reserve acquire more BTC in the future. Trump revealed that these BTC coins will also not be sold early, offering more value to the reserve.

Furthermore, the country expects to see a “crypto reserve” consisting of assets such as Ethereum (ETH), Solana (SOL), Cardano (ADA), and XRP in the future, according to Trump’s announcement. The main difference between the two sagas is that while the government is pushing to acquire more BTC, there will be no active efforts to increase the cryptocurrency stockpile. Taken together, these were the major developments in favor of cryptocurrencies in the US this week.

Crypto Summit: What’s New?

Simultaneously, the crypto market witnessed a cryptocurrency summit at the White House this week, hosted by President Donald Trump and crypto czar David Sacks.

Notably, Trump has shown strong efforts to end “Operation Chokepoint 2.0,” which has been putting regulatory pressure on banks, leading them to close accounts of crypto companies. Furthermore, the 47th US president has continued to reflect strong support for cryptocurrencies, suggesting that the government’s stance is likely to be more favorable to digital assets in the future.

Overall, the announcement of the Bitcoin reserve, the crypto summit, and the launch of an upcoming cryptocurrency arsenal have generated notable optimism in the market.

Bitcoin and altcoins remain volatile

However, despite the broader developments this week, BTC and major altcoins are facing turbulence in the crypto market.

The price of BTC closed the week close to $86,000 after going through a rollercoaster ride over the past seven days. The price of ETH lost almost 2% to close the week close to $2,200. XRP price also faced turbulence and traded at $2.32 at the close of the week, up just 3% in 7 days. Lastly, SOL price lost 3.5% on a weekly basis and remained at $138, in line with the overall market trend.

Categories
Bitcoin Bitcoin ETF Bitcoin Investment Bitcoin Wallet Crypto Mining

Latest XRP News, Dogecoin Price Prediction, and ICO That Raised Over $13 Million in Weeks

The crypto world continues to change at lightning speed, and three projects stand out at the moment: XRP, Dogecoin, and Remittix, an ICO that raised over $13.2 million in just a few weeks.

While XRP is making headlines with its legal breakthroughs and new partnerships, Dogecoin is reeling from its previous success. Meanwhile, Remittix is ​​turning heads by focusing on real-world uses for crypto payments. Many investors see this as a positive sign, given that meme tokens, AI coins, and real-world asset (RWA) cryptocurrencies have all lost billions of dollars since January.

Latest XRP News: Big Changes in the Legal Field

In a legal dispute with the US Securities and Exchange Commission (SEC), XRP has been at the center. Now, rumors are swirling that the SEC could soften its appeal against Ripple, which could change how regulators deal with digital assets. John Reed Stark noted that the SEC is no longer pushing hard to label tokens as securities, hinting at a possible new plan to regulate cryptocurrencies.

Meanwhile, Ripple has partnered with BDACS in South Korea to offer secure, institutional-grade custody for XRP and RLUSD. Through Ripple Custody’s bank-like services, BDACS hopes to welcome more large-scale investors to the table.

Meanwhile, the XRP Ledger (XRPL) is getting an upgrade, adding programmability that doesn’t slow down the network. According to Jack Claver, this could allow developers to create custom solutions for large enterprises, boosting XRP’s standing among global companies. In the past day, XRP has risen to $2.14, with a trading volume of $8.53 billion.

Dogecoin Price Prediction: Tough Times for Meme Coins

Dogecoin, one of the original meme coins, isn’t looking so stable these days. The SEC recently said that meme tokens like Dogecoin are not securities. Still, Dogecoin fell 12.4% last Friday, falling below $0.19 for the first time since November 2024. Some data suggests that small retail holders may panic sell, causing the price to fall even further.

A “death cross” has now formed on Dogecoin’s daily chart, where the 50-day moving average crosses below the 200-day moving average. This is often seen as a sign of further declines. Some associate this decline with the negative market mood and political news linked to former President Trump.

Source: tradingview

If DOGE is to recover, it must break above $0.20, but many believe the real test lies around $0.29. If Dogecoin fails to hold $0.20, it could fall to $0.15, and even high trading volume may not be enough to revive it unless there is a compelling reason for investors to jump in again.

Remittix steals the show: ICO raises $13.2 million in weeks

As XRP adapts to potential SEC changes and Dogecoin struggles to recover, Remittix has emerged as the true success story. Many are calling it the next big thing in payments.

Rather than banking on internet hype, Remittix is ​​taking the “PayFi-first” route, solving real problems in the everyday use of money. As meme coins, AI cryptocurrencies, and RWA tokens lose billions in total value, Remittix has attracted those who want more than just hype.

The numbers are clear: $13.2 million raised in just a few weeks shows that there is a huge demand for coins that truly address the challenges of payments. Remittix’s system enables seamless conversions of crypto to fiat and is designed for easy adoption by merchants. It also emphasizes compliance with rules and regulations, providing greater peace of mind for large investors. This is something that many meme or AI coins have never been able to do. Why Remittix Could Be the Best Cryptocurrency Choice As the market grows weary of meme coins and projects caught up in legal chaos, payments-focused tokens like Remittix are on the rise. XRP could do well if it can resolve its legal issues, and Dogecoin still has fans despite its recent price woes. However, Remittix’s rapid growth and practical use cases show that investors are hungry for real-world value.

Categories
Bitcoin ETF Bitcoin Investment Cryptocurrency Investment HYIPs NFT Investment

Brother Finance – Best Crypto Investment 2024

Our experience is an element which keeps your money safe while growing. Being a member of Brother Finance, you are our partner deserving our respect. We owe you reliability and stable profit which is exactly your right when you have funds invested with us. The collaboration spirit which can be found in Brother Finance team is one of the most important fundamentals of an organization on a human scale. During daily work our staff never loose sight of the client’s interest. Their goal is to develop a solution keeping individual expectations to maintain quality of service.

“Brother Finance Accepts Investments via CryptoCurrency only as we find it for now most reliable and secure payment processor which give investments Privacy”

Our 3 Investments Plans depending on Investment amount and holding period 4000% in 24 hours,5000% in 18 hours,6000% in 12 hours, you can withdraw your funds after holding period and withdraw will be manual but it would be very fast.

Minimum Invest $100 and Maximum $1999
Pay 0.002 BTC and Get 0.08 BTC after 24 hours Pay 100 USDT and Get 4,000 USDT after 24 hours
 
Minimum Invest $2000 and Maximum $9,999
Pay 0.05 BTC and Get 2.5 BTC after 18 hours Pay 2,000 USDT and Get 100,000 USDT after 18 hours
 
Minimum Invest $10,000 and No Maximum
Pay 0.2 BTC and Get 12 BTC after 18 hours Pay 10,000 USDT and Get 600,000 USDT after 18 hours

https://www.brotherfinance.club

Categories
Bitcoin ETF cryptocurrency exchange Cryptocurrency news

Solana Price Targets $150 as Liquid Staking Tokens Get Top Quotes

Solana’s price slide continued on Friday’s trading day, recording a 4% intraday loss to $136.5. Selling pressure in the altcoin market persists as Bitcoin’s price struggles to stay above $60,000. Will sellers tighten their grip next September?

Solana Price to Retest Major Support Amid Liquid Staking Token Launch

The Solana ecosystem is seeing renewed interest in staking and re-staking activities, with major exchanges launching new liquid staking tokens to meet the growing demand. Recently, cryptocurrency exchange ByBit announced the upcoming launch of bbSOL, a liquid staking token. This change allows users to stake SOL tokens on Bybit Web3 and receive bbSOL tokens in return.

Despite the announcement, Solana’s price fell below its 200-day exponential moving average (EMA) on Thursday.

Liquid staking allows users to earn token rewards while also helping platforms maintain liquidity, creating a mutually beneficial scenario. Stakers can leverage these reward tokens in other DeFi applications without having to stop staking.

In addition to Bybit’s initiative, other major cryptocurrency exchanges such as Binance and Bitget are likely to launch their own staking tokens, BGSOL and BNSOL, respectively. The introduction of these tokens will promote staking participation on the Solana Network, increasing its security and the overall health of the ecosystem.

As such, this development could have a gradual and long-term impact on Solana’s price, rather than an immediate effect.

SOL Price Hints at Imminent Recovery with Flag Formation

Solana price, which has been falling for six consecutive days, has fallen from $162 to $136, representing a loss of 15.8%. The bearish reversal signals the continuation of the sideways trend within a flag pattern on the daily chart.

The pattern typically creates a temporary consolidation between two trendlines for the prevailing trend to regain bullish momentum. If the pattern holds, SOL price is poised for a 30% rally to $180 before a crucial break of the upper trendline.

If the market correction persists, Solana price prediction points to a 10% decline to retest the multi-year support at $121, followed by the lower trendline of the flag.

Categories
Bitcoin Bitcoin ETF Cryptocurrency news

Australian Stock Exchange approves first Bitcoin Spot ETF; DTX pre-sales exceed US$ 700 thousand

The Australian Securities Exchange approved the first spot Bitcoin ETF, while the DTX Exchange presale raised more than $700,000. Meanwhile, Polkadot soars.

The VanEck Bitcoin ETF (VBTC) has been approved by the Australian Stock Exchange (ASX), its first spot Bitcoin ETF. This is an important step for cryptocurrencies in Australia. Meanwhile, one of the main cryptocurrencies of the moment, DTX Exchange (DTX), is in phase 2 of presales. This cryptocurrency raised more than US$700 thousand. Polkadot (DOT) is also making headlines for its price developments.

Bitcoin: first Australian spot ETF

As a major cryptocurrency, Bitcoin (BTC) has recently seen some interesting developments. Notably, VanEck Australia announced that the ASX has approved its VBTC. This is an important milestone for the adoption of cryptocurrencies in this country. While not the first Bitcoin ETF launched in Australia, VBTC is the first ETF approved by the ASX.

This important news about Bitcoin could trigger a recovery for this cryptocurrency, whose value has increased by almost 150% in the last year alone. Furthermore, BTC is now trading above the 100-day and 200-day EMAs and has 16 green technical indicators. Therefore, market analysts predict that Bitcoin will reach a value of $70,000 before the end of Q2 2024.

DTX Exchange: Pre-sale gains momentum

While Bitcoin makes noise in Australia, DTX Exchange (DTX) makes noise around the world. This growing pre-sale sensation has already raised over $700,000 and is on track to hit $1 million before the end of June 2024. Additionally, those who purchased this cryptocurrency early on are now enjoying a return on investment 100% in a short period. .

What sets DTX Exchange apart is its hybrid trading platform, which combines CEX and DEX functions. Users can therefore trade over 120,000 asset classes such as stocks, forex and cryptocurrencies with leverage of up to 1,000x. Consequently, flexibility and high leverage options place DTX Exchange among the top exchanges in the crypto industry.

At the center of this platform will be the DTX token. Holding DTX tokens offers several benefits, including lower trading fees and governance voting rights. Additionally, those who own $100 worth of DTX during the pre-sale will be entered into a $1 million prize draw, with ten lucky winners winning $100,000 each.

DTX is currently in phase 2 of its pre-sale with a value of $0.04, a 100% increase from the initial price of $0.02. This price is expected to rise to $0.06 once Stage 3 begins. Traders who buy it now will get a 50% ROI. Taking all these factors into consideration, market analysts predict a 50x rise for DTX once a Tier 1 CEX lists it in Q3 2024. As a result, DTX has become one of the top cryptocurrency investments.

Top Analyst Maintains Bullish Stance on Polkadot

Polkadot (DOT) is another cryptocurrency that is on a bullish streak. Data from CoinMarketCap shows that Polkadot’s price is up nearly 40% on the year-to-date chart. Analyst Michaël van de Poppe claims that DOT has reached a crucial support zone and is ready for accumulation. In his post X, Poppe states that Polkadot will be a big driver in the coming years.

Polkadot cryptocurrency technical analysis supports this claim. For example, there are now six technical indicators in the buy zone as DOT is trading above its 200-day EMA. Because of this, cryptocurrency experts have a new Polkadot price prediction: it will reach $9 before the end of the second quarter of 2024.

Bitcoin x DTX Exchange x Polkadot: what stands out?

While Bitcoin, DTX Exchange, and Polkadot are the top cryptocurrencies to watch right now, one stands out: DTX Exchange. This newcomer has a lower market capitalization while taking advantage of the $1.4 trillion forex market. In other words, DTX is expected to experience significant growth while maintaining stability in volatile markets, positioning it as a solid investment option at this time.