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  • Kiyosaki questions Bitcoin’s legitimacy; this potential ‘Dogecoin Killer’ has ambitions to reach $500

    Kiyosaki questions Bitcoin’s legitimacy; this potential ‘Dogecoin Killer’ has ambitions to reach $500

    Renowned investor Robert Kiyosaki, author of the mega-selling “Rich Dad Poor Dad,” has been a vocal advocate for Bitcoin for years. Recently, however, Kiyosaki’s stance seems to be wavering. While he still believes Bitcoin has potential as a hedge against inflation due to its finite supply, he’s questioning its legitimacy in a system he views as inherently corrupt.

    This skepticism has investors wondering: is there a new “best cryptocurrency” on the horizon, perhaps a Dogecoin killer ready to take the top spot? 

    Enter Rebel Satoshi, a project with a bold vision and a unique token structure that’s generating a lot of buzz in the world of top altcoins.

    Kiyosaki’s Bitcoin blues: why the doubt?

    Kiyosaki’s concerns stem from his belief that traditional financial systems are a house of cards. He sees fiat currencies as “fake money” constantly being inflated by central banks. 

    While intended to be a decentralized alternative, Bitcoin still relies on traditional exchanges and infrastructure, which Kiyosaki views with suspicion. 

    This lack of complete autonomy makes him question whether Bitcoin can truly be the revolutionary force it was envisioned to be.

    The rise of alternative tokens: can Rebel Satoshi disrupt the crypto landscape?

    Kiyosaki’s doubts about Bitcoin have opened the door for alternative cryptocurrencies to gain traction. Rebel Satoshi stands out among these contenders with its mission to challenge the status quo and empower individuals. 

    Built on the secure Ethereum blockchain, Rebel Satoshi boasts a two-token system: $RBLZ and the recently launched $RECQ.

    $RBLZ: the OG token fueling the rebellion

    $RBLZ, the governance and membership token, is the heart of the Rebel Satoshi ecosystem. It grants holders exclusive access to features like early access to NFTs, participation in community governance, and even free merchandise. 

    Owning $RBLZ makes you a “Recusant,” an inner circle member with a say in the project’s future. This focus on community involvement sets Rebel Satoshi apart from many top altcoins, fostering a sense of shared ownership and purpose.

    $RECQ: powering the everyday transactions of a rebellious economy

    $RECQ, the utility token, is the fuel that keeps the Rebel Satoshi engine running. It’s used for everyday transactions within the ecosystem, including buying NFTs, in-game items, and merchandise. Unlike $RBLZ, $RECQ is designed to be the base currency for daily interactions, ensuring smooth operation and rewarding user engagement. 

    The recent launch of $RECQ’s presale has fueled excitement, with over 268 million tokens already sold in the Early Bird stage – a significant milestone for this new project aiming to be a potential best memecoin.

    Rebel Satoshi vs. Dogecoin: a battle for meme coin supremacy?

    While Dogecoin, the Shiba Inu-themed meme coin, captured many’s hearts (and wallets) in   2021, its future remains uncertain. It lacks the robust ecosystem and utility that Rebel Satoshi brings to the table. $RBLZ offers real governance rights and a sense of community, while $RECQ facilitates everyday transactions within the Rebel Satoshi world. 

    On the other hand, Dogecoin primarily relies on its meme status and celebrity endorsements, which can be fickle in the ever-evolving crypto landscape. 

    Dogecoin may have enjoyed a meteoric rise as the hottest memecoin, but can it compete with a project that’s building a sustainable future?

    Is $500 a realistic target for Rebel Satoshi?

    Whether Rebel Satoshi can reach $500 per token is a question only time can answer. The cryptocurrency market is notoriously volatile, and success hinges on a combination of strong community support, real-world use cases, and a well-defined roadmap. 

    However, Rebel Satoshi’s innovative token structure, focus on building a community, and its connection to the ever-popular meme coin trend position it well for potential growth. 

    With its sights set on becoming a top altcoin, Rebel Satoshi could be a project to watch in the ever-changing landscape of the best cryptocurrencies.

    The road ahead: the future of Rebel Satoshi and $RECQ

    With the presale of $RECQ exceeding expectations, Rebel Satoshi has demonstrably captured investor interest. The coming months will be crucial as the project rolls out its features and expands its user base. The success of $RECQ will be a key indicator of Rebel Satoshi’s ability to establish a thriving internal economy, separate from the traditional financial system that Kiyosaki critiques.

    While the top spot amongst cryptocurrencies may seem like a distant dream, Rebel Satoshi’s unique approach offers a compelling alternative to the status quo. With a passionate community and a well-defined purpose, Rebel Satoshi has the potential to become a major player in the ever-evolving world of cryptocurrency.

    For the latest updates and more information, visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.

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  • BITFLOKI TO BE LISTED ON MEXC EXCHANGE

    BITFLOKI TO BE LISTED ON MEXC EXCHANGE

    PRESS RELEASE BY @BITFLOKI_IO

    #BITFLOKI HAS SOME COOOL UPDATES TO SHARE AS MEMECOIN SEASON IS HEATING UP

    Buy link – https://pancakeswap.finance/swap?outputCurrency=0x79CDc9cA057E16dFfd45BD803491f328f49e1762

    Listing on 2024-03-30 14:00 (UTC), by MEXC Exchange, the $BFLOKI Token is gaining momentum among crypto  MEME community. The project is creating substantial buzz, with several exciting exchange listings in the works. Announcement link: https://www.mexc.com/support/articles/17827791514652

    Why Should We Invest In BFLOKI ?✅ Partnered with $FLOKI, Newscrypto.io ($NWC), Oceanland.io ($OLAND) and Crypto.com✅ Audit complete ✔️✅ 50% token burn 🔥✅ 25% token lock 🔒✅ Listed on CoinMarketCap and CoinGecko 📈✅ PancakeSwap 🥞 Liquidity locked ✅  $BFLOKI is now trending as the hottest token on Dextools! 🔥✅ BFLOKI Tier2 listing confirmed, Tier1 listing in coming week🚀

  • Velar’s native token to list on Bybit

    Velar’s native token to list on Bybit

    • Bybit will list VELAR, the native token of Bitcoin liquidity protocol Velar on April 3.
    • Velar’s listing on Bybit will be via an initial exchange offering and marks a major milestone for Bitcoin ecosystem.

    Velar is set to launch its native token VELAR via an Initial Exchange Offering (IEO) on crypto exchange Bybit.

    The Bitcoin liquidity protocol said in an announcement on Wednesday that VELAR will go live on Bybit on April 3 and will coincide with its Initial DEX offering.

    Also notably, VELAR on a top tier crypto platform aligns with the project’s roadmap for accelerating its growth and adoption across the global marketplace.

    According to a news release shared with CoinJournal, this is significant milestone for the DeFi ecosystem on Bitcoin. In particular, Velar’s launch is expected to bolster liquidity and utility within the Bitcoin DeFi ecosystem.

    Bybit’s position as one of the world’s top spot and derivatives exchange platforms will play a huge part in this, the platform noted in the announcement.

    “As we prepare to go live on Bybit, one of the world’s top 3 crypto exchanges, with the listing of $VELAR token on April 3rd, we recognize the significance of this moment for the entire Bitcoin ecosystem,” Velar co-founder & CEO Mithil Thakore said.

    The Velar chief added, “This marks a pivotal juncture where we’ll witness firsthand the interest and adoption of Bitcoin ecosystem projects on a global scale. It’s not just about our project; it’s about paving the way for countless others.”

    The Bitcoin DeFi ecosystem continues to grow

    Ethereum has over $50 billion in liquidity locked across DeFi protocols.

    According to Velar, this is an outlook that suggests enormous potential for Bitcoin, the benchmark crypto asset. The upcoming launch offers an opportunity for Velar to tap into more than $1 trillion in dormant BTC capital.

    The prospect means Bitcoin holders can leverage the opportunities, including yields, that the smart contracts industry offers.

    VELAR’s listing on Bybit comes after Velar successfully launched Dharma, an automated market maker (AMM) and decentralized exchange (DEX). The platform has already attracted over 150k users, with users able to access features such as token swaps, liquidity pools, staking and yield farming.

    Bitcoin continues to see unprecedented growth and a new era of DeFi, NFTs and gaming is seen as the next big thing. Velar has a first mover advantage as it seeks to bring more BTC into the DeFi landscape.

    According to today’s press release, Velar will soon launch its V2 mainnet to introduce a Bitcoin-native perpetual DEX platform. The pioneering non-custodial platform will offer up to 20x leverage.

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  • Coinbase stock rises as Bitcoin goes back above $70k mark

    Coinbase stock rises as Bitcoin goes back above $70k mark

    • Coinbase stock surges 9% to $280.79.
    • Bitcoin has soared by 8.60% in 24 hours to trade at $70,555.18 at press time.
    • Decreasing Bitcoin supply and bullish projections, like $150k by 2024, fuel investor optimism.

    Coinbase Global Inc (NASDAQ: COIN) experienced a significant surge in its stock price, climbing by over 9% to reach $280.79 per share. This rally in Coinbase shares correlates with Bitcoin’s resurgence, which briefly surpassed the $70,000 mark, after a substantial gain of 8.60% over the past 24 hours.

    The uptick in Coinbase’s stock price demonstrates investors’ confidence in the cryptocurrency exchange platform, particularly as Bitcoin, the leading digital asset, continues to exhibit resilience and upward momentum.

    The positive sentiment also reflects broader optimism in the cryptocurrency sector and its potential for further growth and adoption.

    Bitcoin price soars above $70k again 

    March has been such a great month for Bitcoin and the entire crypto market in general. Bitcoin (BTC) price soared past $73k at the beginning of March before retracting as investors started taking their profits.

    The bounce back above $70,000 reaffirms its position as the dominant player in the digital asset market. With a market capitalization of $1.39 trillion, Bitcoin maintains its status as the largest cryptocurrency by market capitalization, capturing over 8.70% of the total market cap.

    The surge in Bitcoin’s price was accompanied by robust trading volume, with $40.43 billion traded within 24 hours, solidifying Bitcoin’s position as one of the most actively traded cryptocurrencies.

    The decreasing Bitcoin supply could also be a factor as crypto exchanges registered record low BTC holdings as Bitcoin ETFs took in millions of bitcoins. With the decreased supply and increasing demand among investors, the majority believe BTC could go higher for the remainder of the year.

    Standard Chartered Bank gave an insane project of $150k by the end of 2024. While that is yet to be confirmed, the crypto industry seems to have come back to life as Bitcoin roars back to life as witnessed with the Coinbase stock surge.

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  • Bitcoin (BTC) regains momentum just in time for the upcoming 0DOG exchange listing

    Bitcoin (BTC) regains momentum just in time for the upcoming 0DOG exchange listing

    • At press time, Bitcoin trades at $67,260 marking a 3.57% rise over the past day.
    • Bitcoin transaction volumes remain subdued despite the resurging BTC value.
    • Bitcoin Dogs await token claiming and exchange listing with bated breath.

    Bitcoin (BTC) has surged back into the spotlight, with its price hitting a high of $67,744 in the past 24 hours.

    This surge in value comes just in time for the much-anticipated exchange listing of 0DOG, the native token of Bitcoin Dogs.

    BTC price moves out of consolidation

    The recent Bitcoin price surge comes after a period of consolidation and uncertainty in the cryptocurrency markets that followed Bitcoin’s ascent to its new ATH of $73,750.07 11 days ago.

    Analysts attribute Bitcoin’s recent price surge to several key factors. One significant factor is the growing interest from institutional investors and Wall Street in spot Bitcoin ETFs listed on Nasdaq. This influx of institutional capital into the cryptocurrency markets has contributed to the upward momentum of Bitcoin’s price.

    Furthermore, the concentration of trading volume within these ETFs has led to a surge in Bitcoin’s value.

    However, despite the soaring price, on-chain transaction volumes in terms of US dollars remain subdued compared to the levels witnessed during the bull market of 2021. This discrepancy suggests a prevailing sentiment among investors to hold onto their Bitcoin, anticipating further price appreciation.

    In addition, even with Bitcoin hitting a record high of $73,750, there is a noticeable decline in economic transactions on its blockchain.

    Analysts from Blockware Solutions highlight a discrepancy between the soaring price and the muted on-chain dollar volume. Current data shows average transfer volumes to be under $200,000, a stark contrast to the 2021 bull market where figures exceeded $1 million.

    However, Blockware Solutions analysts further speculate that a significant Bitcoin price movement will precipitate an increase in on-chain volume as seasoned Bitcoin holders may begin moving assets to exchanges for sale.

    The data also shows a growing portion of Bitcoin that has remained inactive for 3 to 4 years, reflecting the confidence of long-term investors. Projections from experts suggest that Bitcoin’s price could ascend to six figures in the near term. For instance, Standard Chartered projects that it will breach $150,000 in 2024.

    Bitcoin Dogs: investors await exchange listings

    As Bitcoin jumps back into the limelight, Bitcoin Dogs, a Bitcoin-based dog-themed project, has garnered significant attention in the recent past with its unique platform where dog lovers and crypto enthusiasts come together to trade, collect, and engage in various activities within the Dogeverse.

    Central to the Bitcoin Dogs ecosystem is its native token, 0DOG. This token serves as a utility and governance token within the platform, allowing users to participate in various activities such as trading, staking, and governance decisions.

    Additionally, Bitcoin Dogs features Non-Fungible Tokens (NFTs) representing digital collectibles of virtual dogs, adding a layer of gamification and collectibility to the platform.

    The recent conclusion of the 0DOG token presale marks a significant milestone for the Bitcoin Dogs project. The presale, which lasted for a record 30 days, witnessed overwhelming participation from the cryptocurrency community, resulting in a successful fundraising effort.

    Following the presale, participants will soon be able to claim their 0DOG tokens and engage in trading activities on the platform.

    The success of the presale underscores the growing interest and confidence in the Bitcoin Dogs project, highlighting its potential for future growth and adoption.

    Investment outlook: Bitcoin vs Bitcoin Dogs

    As Bitcoin continues to regain momentum and reach new highs, investors are faced with the question of whether now is a good time to invest in Bitcoin or Bitcoin Dogs.

    Well, while past performance is not indicative of future results, the bullish sentiment surrounding Bitcoin’s price trajectory and the promising prospects of projects like Bitcoin Dogs may present attractive investment opportunities for those looking to diversify their portfolios in the cryptocurrency space.

    However, as investors navigate these exciting developments, careful consideration of market trends and project fundamentals will be essential in making informed investment decisions in the ever-changing landscape of digital assets.

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  • DeFi’s TVL reaches $100B with Bitcoin boost, high expectations for Cardano’s AI competitor

    DeFi’s TVL reaches $100B with Bitcoin boost, high expectations for Cardano’s AI competitor

    It’s just three months into 2024 and it’s still raining records in the crypto sector. The latest one came on March 9, 2024, after the global value of DeFi protocols crossed $100 billion as the rising demand for Bitcoin (BTC) fueled interest in top cryptos to invest in. 

    Bitcoin has been growing impressively since the launch of BTC ETFs in the US after a landmark decision from the country’s regulators.

    There’s reason to cheer in the altcoin space too. Altcoin holders are in good spirits after InQubeta (QUBE) recently made waves with its positive price action. 

    The QUBE token has left analysts impressed with its presale gains. With its cryptocurrency ICO raising more than $11.9 million so far, some investors see it as a potential competitor for Cardano (ADA). 

    InQubeta: helping AI startups rise higher

    InQubeta is a crypto-based crowdfunding platform for AI projects. The Ethereum-powered platform connects AI innovators with a community of investors, mentors, and financial experts, and helps them scale their business.  

    People can participate in the process by purchasing its QUBE token and buying NFTs that represent the projects. Once the transaction is processed, the funds are transferred to the startup and the buyer gets to own a share in the former’s equity. 

    Besides fundraising, InQubeta helps startups scale their projects through mentorship and marketing support. The platform connects innovators with an extensive network of professionals. Some of these professionals include veterans who come with years of experience and can guide startups through the challenges of the AI industry. 

    The vibrant community can also help them with brand strategy and marketing their projects. To maintain a distinctive brand presence, startups can leverage InQubeta’s social media channels. 

    Rated as one of the best altcoins for 2023, the QUBE token has to thank its deflationary model for its popularity. The model contracts the token supply when the markets are in red. 

    The reduced supply allows the price to stay stable and demand to rise. The advantage helps the token retain its audience and even draw more crypto users. If there is any increase in token supply during such a time, it’s checked by burning the additional tokens. 

    The InQubeta team has created an ambitious roadmap for the platform and its longevity. As per the plan, several new initiatives in store will enhance the platform’s brand presence. 

    The first among such initiatives is a staking dApp for crypto users that will also boost blockchain growth. The team is also looking to get the QUBE token listed on a centralized exchange so that more people can explore its USPs. 

     

    Bitcoin has become eighth most valuable asset in the world

    Bitcoin is a top-notch cryptocurrency that supports high-speed and secure online transactions. As investing in BTC ETFs reaches new highs, its native token BTC has become among the highest-grossing assets globally.

    The BTC token’s growth has helped the crypto market attract more people. In March, the global value of DeFi protocols reached $100 billion due to a Bitcoin-led rally.

    In a related development, Bitcoin’s market capitalization reached $1.42 trillion, making it the eighth most valuable asset globally.

    Cardano to partner with Dubai police

    Cardano is a public blockchain that’s powered by the Ouroboros protocol. The evidence-based methodology behind the protocol gives Cardano leverage over new altcoins. The open-source platform supports seamless dApp deployment with its scalability. Its native token is ADA and it’s used for various transactional purposes on the blockchain. 

    It recently unveiled its ‘SuperNode’ feature that aims to ramp up smart contracts operations through a more efficient and scalable ecosystem. 

    The blockchain has been in the news due to its collaboration with the Dubai police. According to reports, the Dubai police department will be joining hands with the Cardano Foundation to leverage blockchain to improve its data security measures. 

    Conclusion

    Apart from driving financial inclusion, Bitcoin, InQubeta, and Cardano have emerged as popular options for increasing generational wealth. With their sustained growth, these tokens are fast outperforming other asset categories and analysts are recommending them for long-term holdings.

    The uptick in these coins’ popularity comes after a slew of new initiatives that have expanded their scope. For Bitcoin, the ETF mania unlocked a major growth surge. In the case of Cardano, its lightweight consensus and collaborations have bolstered its market presence. 

    Meanwhile, InQubeta has been riding high after its AI-centric platform and presale success took the world by storm.

    These tokens sport cutting-edge security frameworks and consensus protocols that boost investors’ confidence in their potential.

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  • Bitcoin Dogs presale ends with over $13.4 million raised: What next for 0DOG?

    Bitcoin Dogs presale ends with over $13.4 million raised: What next for 0DOG?

    • Bitcoin Dogs (0DOG) has officially closed its presale.
    • What next after the world’s first BRC-20 ICO raises $13.4 million?
    • 0DOG price in the last presale stage was $0.0404 – can it reach $1 in 2024?

    The Bitcoin Dogs (0DOG) presale officially closed on Friday March 15, 2024. The project’s pioneering ICO on the Bitcoin network ended with over $13.4 million raised in 30 days.

    As the community awaits the next steps, there’s anticipation for what the highly successful presale could mean for 0DOG’s price.

    Bitcoin Dogs: What next after ICO raises $13.4 million?

    Bitcoin Dogs is a new project aiming to become the leading BRC-20 platform. The GameFi project launched its native token 0DOG in presale last month, offering 810 million tokens over a 30-day ICO.

    As planned, the presale ended on March 15. Details on the official website indicate early buyers allocated $13,486,238.3.

    The Bitcoin Dogs team notes that while the presale is now closed, that’s just the beginning of what’s to come for the gaming and NFT project.

    “The presale has been an incredible success, and this really is just the beginning for Bitcoin Dogs… we’re finalising the exact plans for taking our token to public markets and we absolutely can’t wait to share the details with you once it’s all set in stone,” an update on the Bitcoin Dogs website states.

    Other than exchange listing, the next steps also include how presale participants can claim their 0DOG before they start trading.

    The team has also shared a similar message via its X and Telegram social channels, which have 129.2k followers and 29.3 members respectively.

    Bitcoin Dogs price outlook: How high can $0DOG go in 2024?

    As highlighted on the Bitcoin Dogs whitepaper, this project looks to tap into Bitcoin’s secure and reliable network. The goal is to unlock the next GameFi and NFT breakout project in the Bitcoin ecosystem.

    That much is likely to happen as the BRC-20 market grows, with experts forecasting dominance for ordinal inscriptions, gaming and DeFi in this flourishing BTC landscape. Forecasts for Bitcoin in coming months, despite its latest dip, also support the price outlook for 0DOG.

    MicroStrategy, BlackRock and other companies are also doubling down on Bitcoin, with spot BTC ETFs on a great upward curve.  

    In this scenario, its possible Bitcoin Dogs could become one of the top performers in 2024. A total supply of only 900 million and 10,000 unique Ordinal NFTs are bullish catalysts too.

    While the presale therefore closed with 0DOG at $0.0404, market trading could see it quickly rise. 0DOG could potentially spike to $1 in 2024.

    For more on Bitcoin Dogs, go to the official website.

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  • Bitcoin Dogs presale crosses $11.2 million a day to its end

    Bitcoin Dogs presale crosses $11.2 million a day to its end

    • Bitcoin Dogs presale exceeds $11.2M in 28 days, poised for Tier 1 exchange listings.
    • The project merges crypto and canine culture, offering Dogeverse for engagement.
    • Bitcoin Dogs’ success comes amid BTC’s price surge and Elon Musk’s Dogecoin endorsement.

    Bitcoin Dogs, a pioneering project at the intersection of cryptocurrency and canine culture, has seen its presale soar past $11.2 million in just 28 days.

    With its presale set to conclude imminently, the project is making waves in the crypto community, attracting both investors and enthusiasts alike.

    Bitcoin Dogs: where crypto meets canine craze

    Bitcoin Dogs isn’t just another cryptocurrency project; it’s a vibrant ecosystem where dog lovers and crypto fanatics converge to trade, collect, and engage in a myriad of dog-themed activities.

    Positioned as the ultimate mashup of crypto and man’s best friend, Bitcoin Dogs offers a playground where fun is mandatory, and rewards are plentiful.

    At the heart of Bitcoin Dogs lies the Dogeverse, a virtual realm where every interaction is an opportunity for growth and engagement. With features like NFTs, social contests, and PvP challenges, the Dogeverse promises endless entertainment for its users.

    The project’s roadmap outlines ambitious plans for expansion, including the introduction of NFTs, game launches, and partnerships with Play-to-Earn platforms.

    As Bitcoin Dogs continues to evolve, it aims to solidify its position as a leader in the burgeoning Game-Fi space, where gaming meets decentralized finance.

    Bitcoin Dogs presale: riding the wave of crypto frenzy

    Bitcoin Dogs’ successful presale has garnered attention from investors worldwide, with contributions surpassing $11.2 million and counting. This remarkable feat underscores the project’s appeal and potential within the crypto community.

    The timing of Bitcoin Dogs’ presale couldn’t be better, coinciding with a surge in interest surrounding Bitcoin.

    With BTC’s price surpassing $73,000 and mainstream adoption on the rise, investors are looking for alternative ways to capitalize on the crypto boom. Bitcoin Dogs offers precisely that, providing a unique avenue for investment and engagement.

    Moreover, Bitcoin Dogs is part of a broader trend of dog-themed meme coins gaining traction in the market. Projects like dogwifhat (WIF) and Dogecoin (DOGE) have captured the imagination of investors, with the latter recently receiving an endorsement from none other than Elon Musk, who hinted at the possibility of accepting Dogecoin as a payment option for Tesla.

    Looking ahead: Tier 1 exchange listings and beyond

    As Bitcoin Dogs’ presale draws to a close, anticipation is building for its next phase of development. With funds raised during the presale, the project is poised to accelerate its growth and expand its reach.

    One significant milestone on the horizon is the listing of $0DOG tokens on Tier 1 crypto exchanges, which will provide liquidity and accessibility to a broader audience of investors.

    Conclusion

    Bitcoin Dogs’ presale success is a testament to the growing appetite for innovation and creativity in the crypto space.

    By tapping into the timeless appeal of dogs and combining it with the excitement of blockchain technology, Bitcoin Dogs has carved out a niche for itself in the ever-evolving world of cryptocurrency.

    As it continues to make strides in its journey, Bitcoin Dogs is poised to make a lasting paw print on the crypto landscape.

    To own your own 0DOG tokens and be part of the Bitcoin Dogs community, it is not too late to visit the Bitcoin Dogs official website and purchase a share of the tokens at $0.0404 in the final stage before the presale comes to an end.

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  • Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs

    Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs

    • Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio.
    • An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs.
    • The firm plans to allocate $200 million to Bitcoin ETPs.

    Patient Capital Management, a prominent asset management firm with $1.4 billion in assets under management, has updated its investment strategy pivoting from the Grayscale Bitcoin Trust to Bitcoin Exchange Traded Products (ETPs).

    The move reflects a significant shift in its approach to digital asset exposure.

    Patient Capital Management filling with the SEC

    Patient Capital Management made a filing with the U.S. Securities and Exchange Commission (SEC) on March 11 expanding its investment horizon by replacing its exclusive reliance on the Grayscale Bitcoin Trust.

    The firm now aims to allocate up to 15% of its net assets to Bitcoin ETPs, broadening its exposure within the rapidly evolving cryptocurrency market.

    This strategic shift is not only about diversification but also a proactive response to the changing regulatory landscape.

    The updated prospectus emphasizes “cryptocurrency regulatory risk” over “Bitcoin risk,” underlining the firm’s awareness of the evolving legal and regulatory framework governing digital assets.

    Replacing all Grayscale BTC Trust with Bitcoin ETPs

    The amendment replaces all references to the Grayscale Bitcoin Trust with mentions of Bitcoin ETPs, signifying Patient Capital Management’s departure from a single investment vehicle to a diversified approach.

    The move is fueled by a desire to stay competitive and responsive to the dynamic cryptocurrency investment landscape, where institutional players are increasingly seeking exposure through various financial instruments.

    The filing reveals Patient Capital Management’s intent to invest up to $200 million in Bitcoin ETPs, showcasing a substantial commitment to the cryptocurrency space. The firm’s decision aligns with the prevailing trend where institutional investors seek cost-effective and flexible investment options beyond traditional vehicles like the Grayscale Bitcoin Trust.

    This shift also sheds light on the fee considerations among institutional investors. While Grayscale’s Bitcoin Trust maintains an annual management fee of 1.5%, newer entrants like VanEck and Ark Invest offer lower fees, prompting asset managers like Patient Capital Management to explore more cost-efficient options in the Bitcoin ETP landscape.

    Patient Capital Management’s move comes at a time when Bitcoin ETFs have gained traction, surpassing $58 billion in total net assets within their first two months.

    The recent Bitcoin price surge to $73,000 and its elevation to the eighth-largest asset globally underscore the growing prominence of digital assets in the global financial market.

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  • Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    Altsignals (ASI), Bitcoin (BTC), Ethereum (ETH) price predictions

    • Bitcoin (BTC) eyes $80K amid institutional FOMO & strong hodling.
    • Ethereum (ETH) bullish, targets $4,868 ATH with robust technicals.
    • AltSignals (ASI) set a new ATH at of $0.006026.

    In the fast-paced world of cryptocurrency trading, accurate price predictions are highly sought after by investors looking to make informed decisions. Today, we delve into the latest price predictions for three prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and AltSignals (ASI).

    These predictions are based on a combination of market analysis, technical indicators, and industry trends.

    Bitcoin price prediction: eyes on $80,000

    Bitcoin, the pioneering cryptocurrency, is experiencing a surge in momentum, recently reaching a new peak of $72,800 on Binance.

    Analysts speculate that the price could climb even higher, potentially touching the $80,000 psychological level.

    The market is currently witnessing institutional FOMO (fear of missing out), as BTC holders show resilience, refraining from significant sell-offs.

    Technical indicators, such as the Relative Strength Index (RSI), continue to show strength despite overbought conditions. This suggests that Bitcoin might extend its upward trajectory.

    However, profit-taking could lead to a pullback, with key support levels identified at $69,000 and the supply zone between $62,278 and $65,618.

    Ethereum price prediction: expected to reclaim its ATH

    Ethereum, not to be outdone, is displaying robust performance, holding above $4,000. With an impressive 85% increase since the start of the year, ETH is poised to reclaim its all-time high of $4,868.

    The Awesome Oscillator (AO) and RSI signal strong buyer presence and rising momentum, indicating the potential for a 20% climb.

    In case of a pullback, Ethereum may find support around $3,602, providing an opportunity for traders.

    AltSignals’ ASI token and ActualizeAI ecosystem

    AltSignals is set to revolutionize the trading landscape with ActualizeAI, a groundbreaking upgrade incorporating artificial intelligence, machine learning, and natural language processing.

    The AltSignals platform aims to leverage these technologies to provide a fully automated and 24/7 trading capability, improving accuracy and risk management while offering advanced sentiment analysis support.

    The ASI token, integral to the AltSignals ecosystem, was recently been listed on Uniswap after a successful presale that raised 1.8 million. At press time, the ASI/USDT trading pair on Uniswap v3 was trading at $0.005964, 52.56% higher than its all-time low price of $0.003913 recorded on March 5, 2024.

    Although, rising at a sluggish pace, the ASI token hit an all-time high of $0.006026 on March 11, 2024, and analysts expect it to ride the current bullish market sentiment and AI hype and possibly drop a zero by April.

    Beyond trading on Uniswap, ASI holders currently have the opportunity to stake their tokens, earning rewards of up to 25% in the ongoing ASI staking program.

    As a deflationary token, ASI comes with a countdown mechanism, providing access to evolving ActualizeAI trading products and contributing to increased token value.

    ActualizeAI introduces an AI Members Club, rewarding participants with ASI tokens for contributions to product development, backtesting, feedback, and ideas. It emphasizes community governance, allowing token holders to influence the project’s direction.

    What does the future hold for ASI holders?

    Looking ahead, AltSignals has outlined a transparent roadmap, ensuring the community’s involvement and maximizing value for token holders. The roadmap spans quarters, with milestones such as token presale launch, AI model development, dashboard design, burn & staking mechanisms, and partnership acquisitions.

    ActualizeAI’s roadmap includes the development of a real-time dashboard and notifications powered by a sentiment analysis engine. New AI product releases, a 2-Click onboarding design, and increased global marketing efforts are anticipated in the coming quarters.

    AltSignals’ success is underscored by its head start as an established business in 2017. 

    With a loyal community of 50,000 signal users, this predictive machine learning is poised to revolutionize trading indicators, providing a unified platform for both traditional and cryptocurrency markets.

    As AltSignals continues to capture global investor interest, the integration of ActualizeAI promises to disrupt the trading industry, providing traders with cutting-edge tools and technologies for a seamless and empowered trading experience.

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