Author: BTCLFGTEAM

  • Bitcoin to reach $70,000, says former BitMEX chief; growth forecasted for Bonk competitor

    Bitcoin to reach $70,000, says former BitMEX chief; growth forecasted for Bonk competitor

    Former BitMEX Chief Arthur Hayes recently made waves in the crypto world with his bold prediction that Bitcoin is set to reach $70,000 in the near future. This optimistic forecast comes amidst a flurry of excitement surrounding the world’s most popular cryptocurrency. 

    With Bitcoin already gaining significant momentum in recent years, Hayes’ projection suggests that the digital asset is poised for even greater growth. For investors seeking the top crypto coins and the best cryptocurrency investments, this news may signal an opportune moment to dive into the market.

    Bitcoin bullish outlook

    Hayes outlined several factors contributing to his bullish outlook on Bitcoin. He anticipates that the cryptocurrency will experience a surge in value, driven by various catalysts including potential financial crises and the impact of the Bitcoin halving event. 

    Moreover, the potential introduction of spot BTC exchange-traded funds (ETFs) by major asset managers in key markets like the US, Europe, and China could further propel Bitcoin’s ascent. With Bitcoin emerging as the king of cryptocurrency, investors are keeping a close eye on its trajectory.

    The rise of BONK

    In addition to the excitement surrounding Bitcoin, it’s worth mentioning the emergence of BONK, the first dog-themed coin on Solana. With its launch on December 25, 2022, BONK quickly gained attention within the crypto community. 

    Similar to memecoins like Shiba Inu and Dogecoin, BONK aims to bring liquidity back to Solana-based decentralized exchanges. As investors continue to explore the best cryptocurrency investments, BONK presents a unique opportunity to be part of an innovative project in the ever-evolving world of crypto.

    The rise of Rebel Satoshi

    While Bitcoin continues to dominate the headlines, another cryptocurrency has been quietly gaining traction in the market. Rebel Satoshi, a new player in the crypto space, is positioning itself as a formidable competitor to the likes of Bitcoin. With over 200% growth forecasted, Rebel Satoshi offers investors an alternative avenue for potential returns. As interest in memecoins and altcoins continues to soar, Rebel Satoshi stands out as one of the best memecoins to watch.

    Rebel Satoshi ($RBLZ) distinguishes itself by offering users the chance to explore 9,999 unique NFTs, showcasing exclusive digital art and collectibles. The project aims to create a vibrant marketplace where users can trade unique assets and embrace the rebellious spirit of Rebel Satoshi and The Recusants. With each asset representing distinct features and roles, investors have the opportunity to be part of a groundbreaking project that is reshaping the crypto landscape.

    The Rebel Satoshi presale

    As the Rebel Satoshi presale enters its final phase, investors have a limited opportunity to secure their stake in this groundbreaking project. With only 25 million $RBLZ remaining for this round, the clock is ticking for those looking to be part of the Rebel Satoshi ecosystem. 

    Built on the Ethereum network, one of the most secure blockchains in the crypto space, Rebel Satoshi is among the best crypto investments to consider at this moment in time.

    Conclusion

    The cryptocurrency market is abuzz with excitement as Bitcoin aims for new heights and Rebel Satoshi emerges as a formidable competitor. With the Rebel Satoshi presale offering a limited opportunity for investors, now is the time to consider joining the ranks of cryptocurrency enthusiasts and exploring the best crypto investments available. 

    Whether it’s Bitcoin, BONK, or other emerging players like Rebel Satoshi, the world of cryptocurrency offers endless possibilities for those willing to take the plunge into this exciting new frontier.

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

    Source link

  • JasmyCoin rallies 295% as Bitcoin Dogs take the crypto stage by storm

    JasmyCoin rallies 295% as Bitcoin Dogs take the crypto stage by storm

    • Regulatory reforms in Japan boost JasmyCoin’s bullish sentiment.
    • Bitcoin Dogs introduces unique gaming and social experience in the canine crypto world.
    • Bitcoin Dogs’ 0DOG token presale is underway with limited supply.

    JasmyCoin (JASMY) and Bitcoin Dogs have recently made headlines with their remarkable performances.

    JasmyCoin, Japan’s leading cryptocurrency project, has witnessed an impressive surge in value, while Bitcoin Dogs, a new innovative platform on the Bitcoin blockchain, is grabbing attention with its unique features and the ongoing 0DOG token presale.

    Let’s delve into the details of these crypto phenomena and explore whether they present enticing investment opportunities.

    JasmyCoin’s meteoric rise: a tale of bulls and whales

    JasmyCoin’s recent price rally has left the crypto community buzzing. Over the past week, JASMY has experienced a staggering 199% surge, reaching $0.01863, marking a remarkable 265% growth in the last month.

    JasmyCoin price chart

     

    This surge is not just a short-lived hype; it’s a result of strategic moves by influential stakeholders, colloquially known as “whales.”

    These whales, who have been accumulating JASMY since October 2021, have been withdrawing significant amounts of JASMY coins from exchanges with a majority of it seemingly flowing into Binance.

    These moves not only triggered market sentiment but also demonstrated a continued interest in JASMY despite market fluctuations.

    The bullish sentiment surrounding JasmyCoin is further fueled by Japan’s regulatory reforms, notably the approval of venture capital investments in crypto projects. As Japan takes steps to make direct investments in cryptocurrency projects more accessible, JasmyCoin stands to benefit, solidifying its position as the country’s largest crypto project.

    Bitcoin Dogs: innovation in the canine crypto world

    While JasmyCoin dominates the Japanese crypto scene, Bitcoin Dogs is making waves on the global stage with its groundbreaking approach. Billing itself as the “First Ever ICO on the Bitcoin Blockchain,” Bitcoin Dogs is not just a cryptocurrency; it’s a playful universe where dog lovers and crypto enthusiasts converge to trade, collect, and have a good barking time.

    Bitcoin Dogs introduces a unique gaming and social experience in its immersive Dogaverse metaverse where users can feed their virtual dogs, engage in social interactions with ripple effects, and challenge others to PvP Duel Races, enhancing the overall play-to-earn dynamics. There is also the 10k Ordinals NFT Club that caters to both casual admirers and devoted enthusiasts, offering a variety of collectibles to parade, collect, and trade.

    The roadmap for Bitcoin Dogs unveils exciting milestones, from the Grand Opening and BRC-20 claims to the launch of the metaverse and strategic partnerships in the coming quarters. Its native token, 0DOG, is currently in its presale stage, with a limited supply of 900 million tokens.

    At press time, the presale had raised over $3.450 million in just seven days. The 0DOG token is going for $0.0198 in the current presale stage though it is expected to rise to $0.0224 in the next presale stage, which is just a day away. To take part in the presale, visit the Bitcoin Dogs website and purchase your 0DOG tokens.

    Are JasmyCoin and Bitcoin Dogs good investments?

    As the crypto landscape continues to evolve, the question arises – is it a good time to invest in Bitcoin Dogs and JasyCoin?

    Well, JasmyCoin’s surge aligns with both market dynamics and regulatory changes in Japan. The positive sentiment is evident, fueled by increased trading volume and a growing market capitalization. Investors eyeing JasmyCoin may find the current market conditions conducive to potential returns.

    On the other hand, Bitcoin Dogs’ innovative approach, coupled with the growing interest in play-to-earn gaming and NFTs, positions it favourably. However, potential investors should carefully evaluate the project’s whitepaper, understand the risks associated with the ICO, and consider the overall viability of the gaming and social features.



    Source link

  • Is this the time to buy more?

    Is this the time to buy more?

    michael saylor view on bitcoin price

    Key takeaways

    Bitcoin could reach $150k in 2024: Tom Lee

    The cryptocurrency market has been bullish since the start of the year, with Bitcoin touching the $50k level for the first time since 2021. With the bulls currently in control, many believe that BTC’s price could soar higher in the coming months.

    FundStrat head of research Tom Lee is one of those bullish analysts and he predicted that the leading cryptocurrency could touch $150,000 before the end year. If BTC’s price could triple in the coming months, this could be an excellent opportunity for investors to acquire more assets.

    One of the gems that could record massive gains in the coming months and years is Bitbot. This project will leverage the growing trading volume in the market to gain massive adoption.

    What is Bitbot?

    Before investing in the project, it is best to know what it is and understand how it works. Bitbot is a Web3 project that is set to provide excellent services to cryptocurrency traders.

    It is a Telegram trading bot that grants users access to some exciting features, easing their crypto trading journey. Bitbot is a self-custodial trading bot that enables users to trade via their cold wallets on Telegram.

    The project offers a unique value proposition to users and investors. It will take advantage of Telegram’s position as a leading social media platform for crypto users.

    According to the whitepaper, Bitbot will provide users with high-end features to help them grow their trading portfolios. These features are institutional-grade and will grant traders access to world-class trading functions.

    Bitbot will also leverage the rising trading volume in the cryptocurrency market to gain massive adoption in the coming months and years. More retail and institutional investors are coming into the market and Bitbot could provide exciting services to them.

    Bitbot’s tech-savvy approach to trading

    As a tool, Bitbot will be offering tech-savvy tools to ease the trading process for its users. The team is working on some tools that would ease the trading process for its users.

    Per their whitepaper, security is the primary focus of the Bitbot tool. The tool will use Knightsafe to offer a self-custody solution, mitigating the typical risks associated with Telegram trading.

    In addition to that, some of the funds raised from the presale rounds would be deployed towards developing anti-MEV and anti-rug solutions for users to protect their assets. With these features, traders can protect themselves from bots artificially pumping transaction costs and block scam projects.

    Furthermore, Bitbot will utilize ultra-flexible wallet management powered by non-custodial API technology to provide an added layer of security to the users.

    To help the new traders, Bitbot will also launch a copy trading feature. With this feature, novice traders can copy the trades of the strongest-performing wallets based on on-chain activities.

    Bitbot’s presale surpasses $650k

    The Bitbot presale is now officially in the fourth stage and has already raised more than $650k. At the moment, the project has raised $667k of the required $862k for this stage.

    Bitbot continues to gain adoption by investors as its presale is moving fast. Currently, the $BITBOT token is going for $0.0116 but is set to increase to $0.0122 once the fifth round commences.

    Per its tokenomics, the development team will hold 20% of the total token supply and will use it to fund ongoing development. Furthermore, 14% of the total token supply is allocated to marketing & CEX listings while 3% is allocated to exchange liquidity provision.

    Click here to read more about Bitbot’s upcoming presale.

    Could Bitbot’s token be a winner this year?

    The crypto market is expected to rally higher this year and gems could be the biggest winners. With the right level of adoption, Bitbot could be one of the biggest winners in this bull cycle. The Bitcoin halving and other external factors could also help push Bitbot’s price higher

    Source link

  • Bitcoin could rally towards $55k soon as Bitcoin Dogs presale crosses $3 million

    Bitcoin could rally towards $55k soon as Bitcoin Dogs presale crosses $3 million

    Key takeaways

    Bitcoin could surge towards $55k soon

    The cryptocurrency market has been consolidating over the last few days following its rally last week. Bitcoin’s price has been stagnant since the start of the week but could surge higher soon.

    At press time, the price of Bitcoin stands at $51,613, down by 1% in the last 24 hours. The poor performance comes after it reached a yearly high of $52,623, its highest level since 2021.

    Thanks to the recent rally, Bitcoin’s total market cap has now crossed the $1 trillion mark for the first time in more than two years. Despite the recent consolidation, Bitcoin could be eyeing the $55k level soon as the bulls remain in control. 

    What is Bitcoin Dogs?

    With Bitcoin rallying since the start of the year, investors continue to keep an eye on the broader Bitcoin ecosystem. One of the projects that is gaining traction within the Bitcoin ecosystem is Bitcoin Dogs

    It is a unique project that intends to leverage the power and attractive nature of the Bitcoin network to gain massive adoption. Bitcoin Dogs is the first BRC-20 token ICO. It offers investors an exciting value proposition as it will combine the elements of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture. 

    The project’s launch comes barely a month after the United States SEC approved multiple spot Bitcoin exchange-traded funds (ETFs). Furthermore, it is coming at a time when the broader crypto market is anticipating the next Bitcoin halving/

    While most presales within the crypto market are on the Ethereum and BNBChain blockchains, Bitcoin Dogs is setting a new trend by introducing $0DOG, its native token, as a novel investment opportunity on the Bitcoin blockchain.

    As the first presale on the Bitcoin blockchain, $0DOG could gain massive adoption by Bitcoin maximalists and others within the ecosystem. 

    Bitcoin Dogs presale tops $3 million

    The Bitcoin Dogs presale began roughly a week ago and it has already raised more than $3 million. The presale will usher in a new era of BRC-20 ICOs within the Bitcoin ecosystem.

    The interest in this project could stem from its unique value proposition and tokenomics. There would be 900 million $0DOG tokens and investors would be granted access 

    to an exclusive NFT collection and an immersive gaming ecosystem.

    Furthermore, the presale will run for just a month and is already leveraging the rarity and novelty of BRC-20 to attract investors.

    The team revealed that while the tokens will be minted on BRC-20, investors can purchase the tokens on ERC-20, with investors providing a BTC wallet address. The BTC wallets would be used to receive $0DOG tokens after purchasing them. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.

    Click here to learn more about the Bitcoin Dogs presale.

    Should you buy $0DOG tokens now?

    The investor has the sole right to decide to invest in a project. However, Bitcoin Dogs could be one of the best performers in the upcoming bullish cycle. The primary reason for this is Bitcoin is rallying at the moment and projects related to BTC could record massive gains in the coming months and years.

    The Bull Run is slated to be in full force later this year and Bitcoin is already eyeing its all-time high price of $69k. The right level of adoption could make Bitcoin Dogs one of the gems of this cycle. 

    In addition to the Bitcoin halving, the US Federal Reserve is expected to cut interest rates over the coming months, pushing more investors into the crypto market. All these make $0DOG one of the tokens on the Bitcoin network to watch out for. 

    Source link

  • Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

    Upward trends predicted for Polkadot & this Shiba Inu killer as $2T market cap boosts Bitcoin toward $69K target

    Bitcoin, the pioneer of cryptocurrencies, continues its impressive rally as it edges closer to the $69,000 mark, driven by a surge in market capitalization that surpasses $2 trillion.

    This monumental achievement reflects the growing confidence and adoption of digital assets, propelling Bitcoin to new all-time highs.

    Bitcoin’s market cap milestone

    The recent surge in Bitcoin’s price is underpinned by a significant boost in its market capitalization, which now exceeds $2 trillion. This milestone solidifies Bitcoin’s position as the top cryptocurrency to buy, attracting institutional and retail investors seeking exposure to the digital asset market. The unprecedented growth in market cap underscores Bitcoin’s status as the best cryptocurrency to invest in for long-term returns.

    Favourable market conditions and increasing demand from investors worldwide fuel Bitcoin’s upward trajectory. The cryptocurrency market’s bullish sentiment is evident as Bitcoin rallies above $51,000, triggering major short liquidations and propelling its price toward the $69,000 target. The Fear & Greed Index, a key indicator of market sentiment, reflects extreme greed among investors, signalling a potential continuation of Bitcoin’s upward momentum.

    Upward trends for Polkadot

    Polkadot, an open-source sharded multichain protocol, is gaining traction as a top altcoin to watch. It is an innovative open-source sharded multichain protocol designed to facilitate interoperability between specialized blockchains. It serves as a foundation for a decentralized web, allowing seamless cross-chain transfer of various data and asset types.

    With its layer-0 metaprotocol architecture, Polkadot enables autonomous and forkless code updates through on-chain governance. Its native DOT token plays multiple roles, including staking for security, network governance, and bonding tokens for parachain connectivity. 

    Polkadot’s unique components, such as the Relay Chain and parachains, offer scalability, flexibility, and secure interactions among diverse blockchain networks, making it a prominent player in the crypto space.

    Shiba Inu killer on the rise

    While Bitcoin dominates the headlines with its impressive performance, other cryptocurrencies are also poised for upward trends. Shiba Inu Killer (Rebel Satoshi), symbolized as $RBLZ, is garnering attention as a promising meme coin and potential challenger to Dogecoin. 

    With its upcoming presale and planned launch on the Ethereum network, Rebel Satoshi presents an exciting opportunity for investors to capitalize on the growing meme coin market. The Rebel Satoshi presale has sold over 123 million RBLZ tokens, raising approximately $1.8 million and nearing the $2 million milestone.

    The Rebel Satoshi presale presents an attractive investment opportunity for investors seeking exposure to promising cryptocurrency projects. Built on the Ethereum network, known for its security and reliability, Rebel Satoshi smart contracts have been audited by a top auditing firm, Source Hat, ensuring the safety of investors’ funds. This is why it is regarded as the best memecoin. 

    With the presale concluding on February 29, 2024, and the launch planned shortly after, now is the opportune time to consider investing in Rebel Satoshi ($RBLZ). The initial launch price for $RBLZ is set at 0.025, with previous rounds selling out quickly, highlighting the strong demand for this innovative project. The community is actively involved in developing the Rebel Satoshi ecosystem, with discussions underway for tier 1 centralized exchange (CEX) listings to enhance access and liquidity.

    Final Thoughts

    As Bitcoin continues its remarkable ascent, surpassing $2 trillion in market capitalization, the cryptocurrency market is brimming with optimism and opportunity. Alongside Bitcoin, altcoins like Polkadot and Rebel Satoshi ($RBLZ) are poised for upward trends, offering investors diverse options to explore in the ever-evolving digital asset landscape. 

    With the Rebel Satoshi presale nearing its conclusion, investors are encouraged to seize this opportunity and participate in one of the most exciting cryptocurrency projects of the year.

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

    Source link

  • Gold ETFs down $2.4 billion in 2024 as BTC and this memecoin soak up liquidity

    Gold ETFs down $2.4 billion in 2024 as BTC and this memecoin soak up liquidity

    It’s 2024, and the investment landscape is undeniably shifting – traditional safe havens like gold ETFs are experiencing notable outflows in contrast to Bitcoin ETFs, which have seen a substantial increase in interest since their debut at the beginning of the year. This change suggests investors are exploring new territories, possibly looking for alternatives that promise both security and growth in these uncertain times as we had highlighted in this article.

    In this narrative, Galaxy Fox ($GFOX) is also heading to a lucrative road, soaking up liquidity and selling out over 2.7 billion tokens throughout the presale. Why is crypto leaning from gold to $BTC, and how is $GFOX surpassing some of the best altcoins?

    Bitcoin vs Gold in 2024

    In the year 2024, the difference between investments in gold and Bitcoin has become much more obvious. A total of $2.4 billion has been pulled out of gold ETFs, with the biggest amounts being $230.4 million and $423.6 million from BlackRock’s iShares Gold Trust Micro and iShares Gold Trust, respectively. 

    In contrast, Bitcoin ETFs have seen an opposite trend. With record-breaking volumes and a noticeable move towards digital assets, the ten authorized spot Bitcoin ETFs have collected an incredible $3.89 billion in inflows since their inception in early January.

    Source: X/Jameson Lopp

     

    There has been an even more fundamental shift in investor attitude, and this change is reflected in the figures. Bitcoin has gained 23.5%, reaching a two-year high, while gold, which is usually a safe haven during uncertain times, has fallen 3.4% to a two-month low. The difference shows that investors are starting to see Bitcoin as a good substitute for gold, attracted by its high return potential in the present economic climate.

    Bloomberg analyst Eric Balchunas is among many who think this trend might mean more diversification into US stocks and digital assets than a straight shift from gold to Bitcoin. It suggests that investors’ priorities are changing and that digital currencies may soon be considered as good as, or perhaps better than, conventional assets like gold as a store of value.

    Investors troop to Galaxy Fox

    Bitcoin’s success is directly reflected in the overall crypto market, and the current crypto stats are no exception. Among the top 10 altcoins, Galaxy Fox is a name you’ll often hear from analysts discussing the potential best altcoins.

    Galaxy Fox, one of the best crypto ICOs so far, is split into ten separate stages, and at each stage, it gradually raises the value of the $GFOX tokens. This means early investors have the chance to see their deposits grow by 450%, a temptation hardly anyone should miss. 

    However, with such a lucrative opportunity, competition arises, and investors have been rushing to soak up the $GFOX tokens at their lowest rate. This has resulted in the presale stages selling out quickly, and currently, $GFOX is on the verge of closing its 8th stage. 

    However, the window to step in and buy $GFOX in the 8th stage is still there, though narrow, and if you make it, you secure yourself a 33% gain, as two more presale stages will naturally increase the price of $GFOX. 

    Notably, the charm of $GFOX is not only in its rewarding presale but also in its hybrid memecoin/P2E ecosystem, which is fully dedicated to community engagement and will reward you at multiple steps during your participation.

    Bottom Line

    As the latest market dynamics show, Bitcoin has become the new gold, which means cryptocurrencies as a whole are about to experience more adoption and trust. 

    In these directions, experts often suggest identifying low-cap gems with tangible utility and future potential, as those are the best altcoins that would pay off the most in the bull run.

    Learn more about $GFOX, visit Galaxy Fox Presale or join the Community.

     

    Source link

  • Should you buy more tokens now?

    Should you buy more tokens now?

    Key takeaways

    • Bitcoin could be heading towards a new all-time high soon as it broke past the $52k mark for the first time since December 2021.

    • The Bitcoin halving is only 66 days away and the market could provide numerous opportunities to investors.

    Bitcoin touches $52k for the first time in more than two years

    Bitcoin, the world’s leading cryptocurrency by market cap, is having a positive month so far. It rallied by more than 10% last week to touch the $52k mark for the first time since December 2021.

    Following this rally, Bitcoin is now only $17k away from the all-time high of $69k it set in 2021. At press time, the price of Bitcoin stands at $51,687 per coin. Investors are already expecting a new all-time high ahead of the next Bitcoin halving event.

    The next Bitcoin halving is 66 days away and it could usher in another bullish cycle in the market. 

    AltSignals’ adoption continues 

    AltSignals continues to gain more adoption in the market after concluding its presale a few weeks ago. The project is set to benefit from the upcoming Bull Run and the surging trading volume in the market.

    The Bitcoin halving event is expected to usher in another bullish cycle, with BTC expected to reach a new all-time high. If that happens, trading volume will surge higher in the coming months and years and this could benefit projects like AltSignals. 

    AltSignals is using the funds raised from its various presale rounds to develop products for its users. It is a unique project that will use AI and blockchain technology to ease crypto trading and, in the process, help onboard more traders to the market. 

    What is AltSignals?

    To invest in AltSignals, you need to know what the project is about. AltSignals is a Web3 project that aims to gain adoption beyond the crypto space. It provides services to traders within the broader financial markets, including crypto, forex, stocks, commodities, and indices.

    The team explains that AltSignals will make it easier for traders to have access to trading signals and other resources that would help make them better traders. 

    After raising $1.8 million from their presale, AltSignals is using most of the funds to develop ActualizeAI. It is an AI solution that will make it easier for people to trade cryptocurrencies and other financial assets. 

    The solution works 24/7, generating trading signals and helping traders identify profitable patterns in the market. Furthermore, ActualizeAI helps eliminate some of the obstacles traders face in the market. 

    AltSignals is one of the projects that is leveraging the powers of use blockchain technology, AI, natural language processing, machine learning, regression, and predictive modelling, to enhance its services. 

    AltSignal’s ASI could rally higher in the coming Bull Run

    With the right level of adoption, AltSignals’ ASI token could be one of the gems of this bullish cycle. The token has already been listed on Uniswap and is set to become available on other decentralised and centralised crypto exchanges. 

    At the moment, ASI is still trading at $0.01875 per token. However, as the trading volume in the crypto market increases, AltSignals could gain rapid adoption and this could lead to a massive surge in ASI’s price in the coming months and years. 

    Should I buy ASI today?

    AltSignals is no longer in presale, which means its ASI token is now available to all investors. Its token is already live on Uniswap and will also launch on a few other DEX and CEX in the coming weeks and months. 

    Investing in ASI could pay off for early investors as the rising adoption level, upcoming Bull Run, and the launch of some exciting products could see the token record impressive gains in the coming months and years. 

    Source link

  • Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value

    Bitcoin ETF inflows surge, threatening gold’s reign as store-of-value

    • Bitcoin ETF inflows surge, threatening gold’s dominance.
    • Divergence in fund flows: Bitcoin gains, gold loses.
    • Bitcoin acts as a ‘risk-on’ investment and a safe-haven asset.

    In a seismic shift within the financial landscape, Bitcoin is rapidly gaining ground as a store-of-value asset, challenging its traditional counterpart, gold. Recent data reveals a substantial surge in spot Bitcoin ETF inflows, particularly in the United States, setting the stage for a potential challenge to gold’s historical dominance.

    This shift not only signals a changing tide in investment preferences but also prompts speculation about Bitcoin’s long-term disruptive potential.

    Bitcoin ETFs vs gold: the growing divergence

    The past week has witnessed an impressive surge in spot Bitcoin ETF inflows, culminating in a near 10% increase in Bitcoin’s price. Notably, the lion’s share of these new investments is pouring into US-based ETFs, reflecting the increasing importance that these funds play in shaping Bitcoin’s overall performance. Analysts suggest that this uptrend is beginning to reveal a growing divergence between global fund flows into Bitcoin and those into gold.

    The data from ETC Group demonstrates a stark contrast in the year-to-date net flows, with Bitcoin ETPs experiencing a substantial increase since the start of February. Concurrently, gold has faced net negative flows, signalling a shift in investor sentiment. BlackRock’s iShares Bitcoin ETF, securing a significant share of last week’s inflows, exemplifies this trend, underlining the rising prominence of Bitcoin in the investment landscape.

    Bitcoin’s dual role: ‘risk-on’ investment and safe-haven asset

    According to analysts, the top 14 gold ETFs have witnessed a considerable outflow of nearly $2.4 billion since the beginning of the year. 

    In stark contrast, the ten leading Bitcoin ETFs have collectively attracted a robust $3.89 billion in inflows. This trend underscores Bitcoin’s dual nature as both a ‘risk-on’ investment and a reliable safe-haven asset.

    Market experts anticipate that this trend will persist, with Bitcoin poised to disrupt gold’s role as the primary store of value over the long term. Despite Bitcoin’s current ETP and ETF market cap being dwarfed by gold’s market cap, there’s speculation that driven by price appreciation, Bitcoin could potentially surpass gold’s market cap in the next two years. While Bitcoin currently stands as the newcomer challenging gold’s reign, its growing influence is undeniable, posing a potential threat to the precious metal’s long-standing supremacy.

    As Bitcoin continues its ascent, the financial world watches with keen interest, curious to see if this disruptive force will indeed reshape the future of store-of-value assets, signalling a broader evolution in investment preferences on a global scale.



    Source link

  • Can Bitcoin (BTC) Hit $70,000 Before Halving? Investors Position for Staggering Gains in Arbitrum (ARB) and InQubeta (QUBE)

    Can Bitcoin (BTC) Hit $70,000 Before Halving? Investors Position for Staggering Gains in Arbitrum (ARB) and InQubeta (QUBE)

    Bitcoin (BTC) hitting $50,000—a level last seen in 2021—was enough to send ripples of excitement across the crypto community. With investors calling it the start of a “bull market,” enthusiasm is almost at a frenzy. The Bitcoin halving is another event expected to usher in a bullish wave, with investors anticipating BTC’s rise to $70,000 before April.

    At the same time, altcoins are also enjoying a share of the spotlight, soaring alongside Bitcoin. Their massive upside potential means investors are constantly on the lookout for promising tokens, with Arbitrum (ARB) and InQubeta (QUBE) topping the list as the best cryptos to invest in.

    InQubeta (QUBE): Staggering Profit Potential

    InQubeta (QUBE) is an emerging crypto with staggering upside potential for a good number of reasons. For one, it is a blend of AI and crypto, which has been lauded as a bullish narrative. Further, as one of the most promising new ICOs—a low-cap gem—it has massive room for growth.

    In stage 7 of the presale, a token costs only $0.0224, and analysts predict a 7,500% jump after its launch. This makes it arguably the best new crypto to invest in and a recommended presale.

    Besides this, its innovative concept as an AI altcoin, which aims to reshape the fast-rising AI sector, immensely adds to its appeal. It seeks to transform the fundraising landscape of the burgeoning AI industry by building the first crypto-based crowdfunding platform for AI tech startups. Poised for adoption and massive growth, it is a good crypto to buy.

    Bitcoin (BTC): $70,000 Before Halving?

    Bitcoin (BTC) finally hit $50,000 earlier this week, a level last seen in 2021 during the last bull run. Hence, it comes as no surprise that investors call this the start of a bull market. We might be seeing the final days of the long bear market after all.

    The launch of spot Bitcoin ETFs is one of the key factors responsible for the current BTC upswing. On January 10, the US SEC finally gave its green light for this investment vehicle, bringing a decade-long wait to an end. This development ushered in institutional demand for BTC, resulting in its price exploding.

    Meanwhile, the BTC halving—which happens every four years—is another bullish event. It coincides with a surge in the price of BTC as rewards for miners’ halves, with investors and analysts speculating about whether Bitcoin will reach $70,000 before the event. Well, considering current market conditions, Bitcoin will likely reach this figure, making it one of the best cryptos to buy now.

    Arbitrum (ARB): Massive Profit Potential

    Arbitrum (ARB) is a well-known layer-2 scaling solution on Ethereum. It employs optimistic rollups, which improves its speed, scalability, and cost-efficiency. This contributes to making it a popular destination for developers seeking innovative scaling solutions.

    The rise in investor sentiment post-BTC ETF has seen Arbitrum gather steam. The excitement around its rally is enough to compete with the enthusiasm around the upcoming Wormhole airdrop—one of the biggest in 2024—leaving holders excited.

    With further upside in the future, investors have been positioning themselves in Arbitrum, aiming to ride its massive bullish wave. This makes it one of the best altcoins and a good crypto to buy.

    Conclusion

    While the crypto scene is abuzz with the recently concluded DYM airdrop and the upcoming Wormhole airdrop—a snapshot of eligible wallets already taken—the Bitcoin halving remains the biggest event of the year. The anticipation around the halving is expected to push BTC’s price up, perhaps to $70,000.

    Meanwhile, investors have been positioning themselves to ride the altcoin wave, with Arbitrum and InQubeta as top picks. To participate in the QUBE presale, click the link below.

     

    Visit InQubeta Presale 

    Join The InQubeta Communities

    Source link

  • Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery

    Worldcoin (WLD) and Bitcoin Dogs (0DOG) drive crypto surge amid market recovery

    • Worldcoin’s (WLD) price surged 192% in 7 days
    • Worldcoin’s “World App” wallet hit 1 million daily active users amid regulatory challenges.
    • Bitcoin Dogs presale collects over $2.2 million in five days.

    In the wake of Bitcoin’s recent resurgence, the cryptocurrency market has witnessed a compelling comeback, with Ethereum and altcoins following suit, with Worldcoin (WLD) and Bitcoin Dogs (0DOG) at the forefront.

    Worldcoin (WLD), the brainchild of OpenAI CEO Sam Altman, experienced a staggering 192% surge in just seven days while Bitcoin Dogs, which entered the market a few days ago, caused waves with the first-ever BRC-20 ICO on Bitcoin blockchain.

    Worldcoin (WLD): 192% surge in a week

    The 192% Worldcoin (WLD) price surge has caught the attention of crypto investors, especially following the challenges that the Worldcoin project has faced in the recent past. The WLD currently trading at $7.32 hit an all-time high of $7.52 on February 19 following a week-long rally.

    Worldcoin price chart

     

    This WLD price surge coincided with a significant achievement for the Worldcoin project, as its crypto wallet app, the “World App,” surpassed 1 million daily active users. There has also been an overwhelming whale accumulation, with a massive 2.09 million WLD tokens acquired from Binance. Alameda Research’s significant holding of 25 million WLD tokens and the unveiling of Sora, a text-to-video platform by Sam Altman, further contribute to the optimism around Worldcoin’s growth.

    Launched in July 2023 by Sam Altman and Alex Blania, Worldcoin stands as a “privacy-preserving” digital identity verification initiative, rewarding users with WLD for iris scans.

    Interestingly, this remarkable growth comes at the backdrop of regulatory challenges including Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) initiating an investigation into the project due to “serious risks to personal data privacy.” Reports suggest inspections were conducted at Worldcoin locations in Hong Kong. Previously, global regulatory concerns led to service suspensions in Kenya and a temporary halt to iris scans in India.

    Bitcoin Dogs (0DOG): innovation meets canine craze

    As Worldcoin catches the attention of crypto investors eager to invest in AI-based cryptocurrencies, Bitcoin Dogs, a new cryptocurrency project using Bitcoin’s BRC-20 standards has jumped into the market, with ICO that has attracted quite some interest from investors.

    Bitcoin Dogs introduces a unique blend of cryptocurrency and canine enthusiasm with its native token, 0DOG. Aiming to be the first ICO on the Bitcoin blockchain, Bitcoin Dogs provides a playground for dog lovers and crypto enthusiasts to trade, collect, and engage in a barking-good time. The project’s innovative approach combines the loyalty and playfulness of dogs with the exciting world of blockchain technology.

    The platform offers diverse features, including a feeding system influencing virtual dog appetite levels, social interactions affecting user influence, and Player versus Player (PvP) challenges like Duel Races with a betting system. Additionally, the 10k Ordinals NFT Club caters to both casual admirers and dedicated Doga devotees, allowing users to parade, collect, and trade digital assets related to dogs.

    Bitcoin Dogs (0DOG) token presale

    Bitcoin Dogs launched a groundbreaking token presale, the first of its kind on the Bitcoin blockchain, five days ago and so far the presale has raised $2,266,645.66 pointing to the attention it has captured from the crypto community.

    Investors are flocking to the ICO with the price of the 0DOG token set to increase from the current $0.0173 to $0.0198 in the next stage. To participate, interested persons can visit the bitcoindogs.club website to purchase their share of the 0DOG tokens.

    The presale, set to last 30 days, features staged price increases every three days, fostering urgency for potential investors. The platform also boasts a unique approach, burning unsold tokens after 30 days, potentially increasing value for token holders.

    Conclusion

    Worldcoin’s remarkable growth and Bitcoin Dogs’ presale both represent opportunities for investors looking to diversify their crypto portfolios.

    Nevertheless, the crypto landscape remains dynamic and evolving, requiring careful consideration and due diligence from those eager to embark on this exhilarating journey.

    Source link