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Showing posts from June, 2024

New Cryptocurrency Releases, Listings, & Presales Today – FAST, Biturbo, ORANGE

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Institutional adoption of cryptocurrencies is on the rise, underscored by the approval of Ethereum ETFs. Moreover, Hong Kong has begun testing China’s digital Yuan, marking a significant step toward broader cryptocurrency acceptance.  Thailand also launched Bitcoin ETF, which debuted between May 31 and June 6, amid growing investor interest in new token releases, listings, and presales during this bullish trend. This article aims to aid investors by compiling a detailed list of promising tokens. New Cryptocurrency Releases, Listings, and Presales Today Edge Video AI, the issuer of the FAST token, is advancing significantly through the integration of artificial intelligence and Web 3 technologies. It aims to revolutionize television viewing into interactive, shoppable, and gamified experiences. Biturbo is the first hybrid EVM blockchain, leveraging Proof of Transaction (PoT) with Proof of Liquidity (PoL).  Orange, a Layer 1 blockchain platform, offers user-generated content (UGC) t

Ethereum ETF Demand to be Lower Than Bitcoin, Says Bernstein

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The recently approved Spot Ethereum ETF is expected to see far lower demand from investors than its Bitcoin counterpart, Bernstein says. Indeed, the management firm released a research report Monday forecasting the second crypto-based exchange-traded product to see demand on a much lower scale. The Ethereum ETF has yet to go live, with the market anxiously awaiting its arrival. Yet, the lack of staking Features in the ETH option means less spot conversion, experts have stated. Additionally, the state of the market could further lessen interest in the product when it goes live. Source: Wealth Management Also Read: Ethereum ETF Applicants File Updated S-1 Documents With SEC Ether ETF Demand to be Notable Lesser Than BTC In January, Bitcoin’s Spot ETF approval changed the game for cryptocurrencies. It was a massive catalyst for the leading cryptocurrency’s surge to an all-time high of $73,000 just three months later. Yet, analysts are not expecting the same to take place for the second d

SEC Chair Gensler Says Ethereum ETF Approval is Going Smoothly

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US Securities and Exchange Commission (SEC) Chair Gary Gensler has said that the Spot Ethereum ETF approval process is going smoothly. Indeed, the agency chair discussed the impending investment product that received approval in late May, and when they could go live. The agency is still working with issuers on S-1 filings, which have to be approved before the investment products begin trading. Many experts have predicted the sec ond crypto-based ETF in the country will officially launch in July. JUST IN: SEC Chair Gary Gensler says the process to spot #Ethereum ETF approval is going smoothly. — Watcher.Guru (@WatcherGuru) June 25, 2024 Also Read: SEC Chair Gensler: Ethereum ETF Debut Will ‘Take Some Time’ Gensler Says ETH ETF Approval Process is Going Smoothly Speaking at a Bloomberg Invest Summit taking place Tuesday, SEC Chair Gensler said Ethereum ETf approval is “going smoothly.” However, he did note that he does not know the timing of when the product could launch. The statemen

Investment Giant VanEck Files for Solana Exchange-Traded Fund, Triggering Modest Price Jump for SOL

Investment giant VanEck is seeking approval for a spot Solana (SOL) ex change -traded fund (ETF), according to a new filing with the U.S. Securities and Ex change Commission (SEC). The company submitted an S-1 registration statement to the securities regulator on Thursday related to the SOL ETF, which would be called the VanEck Solana Trust. VanEck, who is the first company in the United States to file for an SOL ETF, says it would be listed on the Cboe BZX Ex change if ultimately approved by the SEC. After the filing, Solana’s price shot up from a 24-hour low of $130 to a 24-hour high of $150 at time of writing, a more than 15% gain. The SEC approved spot Bitcoin (BTC) ETFs earlier this year and has indicated spot Ethereum (ETH) ETFs will be approved soon. Bloomberg ETF analyst Eric Balchunas predicts that if former US President Donald Trump prevails over President Joe Biden in November’s election, the application would likely get approved. Trump is perceive

Pepe Price Prediction: PEPE Soars 12% In A Week, But Experts Say This New Rival Meme Coin Might Be The Best Crypto To Buy Now

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The Pepe price is up 12% in the last seven days and almost 1% in the past 24 hours to trade for $0.00001243 as of 01:35 a.m. EST. The surge in the PEPE price comes as meme coins hint at a recovery, with the sector’s market capitalization rising by almost 4% in the past 24 hours to $48.6 billion. PEPE Price Prediction The Pepe price is trading with a bullish bias, holding well above the confines of a descending parallel channel. With the critical support at 61.8% holding as a support floor at $0.00001224, the odds favor the upside and the Pepe price could continue north. A stable close above the 78.6% Fibonacci retracement level of $0.00001445, which would mean a strong move above the trendline of the Fibonacci indicator, would revitalize buyer appetite and momentum, potentially leading to a further upside. In a highly bullish case, the gains could see the Pepe price reclaim the peak of the market range at $0.00001727. The Relative Strength Index (RSI) is above the mean level of 5

Synternet Mainnet launches on Cosmos

Synternet Mainnet launches on Cosmos Synternet, the blockchain innovator across networks like Ethereum (ETH) and Cosmos (ATOM), has launched its mainnet on the Cosmos network, per the latest information shared with Finbold on June 27.  This launch is expected to start a new chapter in the decentralized data economy and unlock Synternet’s SYNT token’s full potential. Picks for you Tezos unveils Tezos X roadmap to revolutionize blockchain  8 mins ago Here's why XRP price is crashing 11 mins ago AI predicts Solana price for July 1, 2024 33 mins ago

Stacks Price Prediction for Today, June 26 – STX Technical Analysis

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The Stacks price prediction could set a bullish run if the market can keep the coin above the resistance level of $1.77. Stacks Prediction Statistics Data: Stacks price now – $1.77 Stacks market cap – $2.48 billion Stacks circulating supply – 1.46 billion Stacks total supply – 1.8 billion Stacks CoinMarketCap ranking – #35 STX/USD Market Key Levels: Resistance levels: $2.50, $2.70, $2.90 Support levels: $1.00, $0.80, $0.60 STXUSD – Daily Chart STX/USD is following a bullish movement above the resistance level of $1.59 with a price growth of 11.65%. For the fact that the coin is recording a slight gain, the Stacks price may retreat a little before heading to the upside. Meanwhile, traders can expect the price to continue to rise if the bulls keep the coin above the 9-day moving average. Stacks Price Prediction: STX/USD May Move Upside The Stacks price is on its way toward the 21-day moving average at around $1.77. If the price continues to create a bullish moveme

Bitcoin Rejection At $62,498 Signals Bearish Dominance, Here Are Possible Outcomes

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Bitcoin recently faced a significant rejection at the $62,498 resistance level , underscoring the prevailing bearish dominance in the market. This failure to break through a critical threshold highlights the strength of selling pressure and raises concerns about potential downward trends.  The rejection at this key level signals caution among traders and investors, prompting a reassessment of market strategies. As bearish momentum persists, this Analysis explores the possible outcomes for Bitcoin’s price movement and the broader implications for the cryptocurrency market. As of the time of writing, the market capitalization of Bitcoin is over $1.2 trillion, with a trading volume of over $27 billion. The cryptocurrency price is currently up by 1.2%, trading at roughly $61,582. Despite a 31.26% increase in market capitalization, there has been a 35.43% decrease in trading volume over the last day.

Crypto Trader Drops $127,000 Worth Of Solana Into Option2Trade (O2T) Algorithmic Platform After Nvidia Showcasing Market A.I Confidence

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In a significant market move, a prominent crypto trader has transferred $127,000 worth of Solana (SOL) into  Option2Trade (O2T) . This decision follows Nvidia’s recent showcase of A.I. technology, which has bolstered market confidence in A.I.-driven cryptocurrencies. O2T’s Algorithmic Platform: Attracting Big Investments Option2Trade (O2T) has captured the attention of major investors with its cutting-edge algorithmic trading platform. This platform utilizes advanced A.I. technology to optimize trading strategies and provide users with exclusive tools and insights. The innovative approach of O2T has been a key factor in attracting substantial investments, including the significant shift from Solana (SOL) . Increased Confidence in O2T The move by the crypto trader has generated considerable interest and confidence in Option2Trade (O2T) . Investors are keenly observing O2T’s performance, anticipating that its advanced technology and strategic growth plans will drive substantial

Pepe Price Prediction: Pepe Pumps 13% As Analysts Say This Meme Coin Rival Might Explode Exponentially

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The Pepe price surged 13% in the last 24 hours to trade at $0.00001170 as of 02:33 a.m. EST on trading volume that skyrocketed 78% to $940 million. This comes as the meme coin market rebounded in the last 24 hours with a 6% increase to a $47 billion market capitalization, with top meme coin titans, DOGE and SHIB rising 3% and 2% respectively in the last 24 hours. Pepe Price Set For A Bullish Rally Over The Descending Triangle PEPEUSD Chart Analysis Source: GeckoTerminal.com After hitting its all-time high (ATH) of $0.000017, Pepe price has been on a downtrend, trading within a descending triangle pattern, according to data from GeckoTerminal . The trend indicates that sellers have been more aggressive than buyers as the price continued to make lower highs. However, the trend has recently narrowed, with the current open interest (OI) for PEPE increasing by 17%, according to Coinalyze data. Investors are now anticipating a breakout above the horizontal support level of ar