Tag: Bitcoin

  • Bitcoin stays above $65k as Bitbot unveils its Mini App UI

    Bitcoin stays above $65k as Bitbot unveils its Mini App UI

    Key takeaways

    • Bitcoin has been trading above the $65k level as the broader market stagnates.
    • Bitbot has unveiled its Mini App UI to simplify DeFi trading for users

    Bitcoin stays above $65k as market stagnates

    Bitcoin, the leading cryptocurrency by market cap, has been underperforming over the last seven days. It has lost more than 3% of its value in the last seven days and is currently trading above $65k per coin. 

    The poor performance comes as whales sold over $1 billion worth of Bitcoins over the last few days. Altcoins have also been underperforming in recent days, with the total crypto market cap now below $2.4 trillion.

    What is Bitbot?

    The crypto market is still consolidating but new projects continue to roll out excellent products to their users. Bitbot is one of the new projects that has been unveiling exciting products and services. 

    Bitbot raised more than $4 million from investors and is using the funds to launch products for traders on Telegram. This Web3 project seeks to bring unique value propositions to traders in the cryptocurrency space. 

    It is a self-custodial Telegram trading bot that allows users to trade via their cold wallets on the app. Bitbot users will enjoy certain features available only to institutional investors, making it easier for traders to grow their trading portfolios.

    Bitbot unveils its Mini App UI

    With its presale now over, Bitbot is focusing on launching its products and listing its token on crypto exchanges. 

    In their recent X post, the Bitbot team unveiled their Mini App UI as one of the features available at launch and is crafted with user-friendliness at its core. This intuitive interface simplifies DeFi trading, making it accessible for newcomers.

    Bitbot added that with a clean, responsive, and easy-to-navigate design, all users can fully leverage Bitbot’s capabilities without facing a steep learning curve.

    The launch of the Mini App UI comes roughly two weeks after Bitbot unveiled its staking feature. With the staking feature, users who claim their tokens through the bot can stake them and earn a competitive Anual Percentage Yield.

    Bitbot is also working on other security features such as Knightsafe, a solution that would help mitigate the typical risks associated with Telegram trading. The integration of anti-MEV and anti-rug solutions will further help users protect their assets. 

    The team also revealed some of the funds raised in the presale are already being directed towards integrating Ultra-flexible wallet management fuelled by non-custodial API technology. 

    Bitbot raised over $4m in presale

    The Bitbot presale was successful, with the team raising over $4 million.  In addition to developing its products, Bitbot is also currently working on the formation of its team, smart contract development, community formation, marketing drive, and alpha testing.

    The team will proceed to get $BITBOT listed on crypto exchanges once these steps are concluded, with top influencer partnerships, and its Telegram Bot launch to come afterwards. 

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

    Why buy the Bitbot token?

    The presale is over and purchasing $BITBOT will only be possible once the token launches on crypto exchanges. It is tough to determine the listing price as token prices are usually volatile once they launch on crypto exchanges.

    However, Bitbot could gain massive adoption if the team rolls out its products and services. The unique trading features Bitbot seeks to offer could make the project and it’s token a big winner in this current bullish cycle.

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  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

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  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

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  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

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  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

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  • Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

    Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch

    Notcoin price soars after beating Bitcoin in vote post NOT Airdrop launch
    • Notcoin price surges 33.42%, reaching $0.006884 after community votes favor it over Bitcoin.
    • New NOT airdrop and earning missions boost user engagement and investment interest.
    • Notcoin (NOT) is currently on its way back to its Binance listing price

    Notcoin (NOT) price has seen a remarkable surge in its price, climbing by over 33.42% in the past 24 hours to reach $0.006884.

    This surge has catapulted Notcoin’s market cap to over $707 million, reflecting a 33.38% increase and placing it at number 114 in cryptocurrency market cap ranking.

    The NOT price spike follows a favorable community vote where Notcoin was overwhelmingly preferred over Bitcoin, capturing 86.2% of the 29,711 votes cast in a recent social media poll.

    Comparing Notcoin and Bitcoin

    Notcoin’s development team has been making strategic marketing moves by the team behind the project. The team has drawn comparisons with Bitcoin, highlighting Notcoin’s limited supply, wide distribution, and relative affordability.

    They pointed out that the last time Bitcoin had a market cap of around $0.5 billion in 2013, its price was approximately $100. This historical perspective aims to underscore Notcoin’s growth potential.

    The NOT Airdrop

    Adding to the excitement, Notcoin announced the launch of NOT Airdrop Phase 1 on May 26, 2024. Users can connect their wallets to check their airdrop allocation, adding another layer of engagement and incentive for the community.

    This announcement has likely fueled the recent trading frenzy, with 24-hour trading volume soaring by 217.43% to $544.8 million, positioning Notcoin at number 20 in trading volume.

    Notcoin’s passive earning feature

    Notcoin has also introduced “earning missions,” a new feature that allows users to earn NOT tokens passively by engaging with various partner projects and communities.

    Under this feature, users can increase their rewards by staking NOT, with higher levels like Platinum offering the most substantial returns.

    In closing, Notcoin team’s comparison to Bitcoin, coupled with active community engagement through polls, airdrops, and innovative earning mechanisms, has created a perfect storm of interest and investment.

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  • UK High Court Judge rules against Craig Wright over Bitcoin copyright claims

    UK High Court Judge rules against Craig Wright over Bitcoin copyright claims

    UK High Court rules against Craig Wright over Bitcoin (BTC) copyright claims

    The UK High Court has delivered a damning verdict against Craig Wright, a controversial figure claiming to be the elusive creator of Bitcoin, Satoshi Nakamoto.

    Judge James Mellor, in a written judgment, asserted that Wright had lied “extensively and repeatedly” throughout the trial, further accusing him of presenting “fabricated” evidence to support his claims.

    COPA wins against Craig Wright

    Judge Mellor’s ruling serves as a culmination of a protracted legal battle that has spanned several years.

    The lawsuit, brought forth by the Crypto Open Patent Alliance (COPA), aimed to challenge Craig Wright’s assertions of ownership over the intellectual rights to Bitcoin’s code and whitepaper.

    Wright’s purported attempts to lay claim to these foundational aspects of the cryptocurrency ecosystem have been met with scepticism and legal resistance from various quarters.

    Wright’s litigious nature, characterized by numerous lawsuits against developers and individuals critical of his claims, has raised concerns within the Bitcoin community.

    However, Mellor acknowledged the adverse impact of Wright’s aggressive legal strategy on Bitcoin developers, stating that Satoshi Nakamoto, known for a collaborative and non-confrontational approach, would unlikely resort to litigation.

    Fabrications and forgeries of documents

    The judgment highlighted Wright’s alleged fabrications and forgeries of documents on a significant scale, all in support of his central claim to be Satoshi Nakamoto.

    The judge characterized Wright’s actions as “clumsy” and underscored the pivotal role these falsehoods played in shaping the trial’s outcome.

    COPA, formed with the primary objective of defending the open nature of the cryptocurrency ecosystem, contested Wright’s assertions, arguing that such claims could stifle innovation and deter developers from contributing to the Bitcoin network.

    Throughout the trial, evidence emerged casting doubt on the authenticity of Wright’s claims.

    Documents submitted by Wright’s defence purportedly supporting his identity as Satoshi Nakamoto were scrutinized, revealing inconsistencies and anomalies.

    Fonts that did not exist at the alleged time of their creation and metadata indicating recent document alterations were among the discrepancies cited in Judge Mellor’s judgment.

    Perjury charges loom over Craig Wright

    The legal saga surrounding Craig Wright has been closely monitored by the cryptocurrency community, given its potential ramifications for the future of Bitcoin and the broader blockchain space.

    While Craig Wright has announced on X that he will be appealing the ruling, the ruling represents a significant setback for his ambitions, with the possibility of perjury charges looming over him.

    In response to the verdict, COPA hailed the decision as a victory for open innovation and the principles upon which Bitcoin was founded.

    The alliance reiterated its commitment to safeguarding the decentralized nature of the cryptocurrency ecosystem, vowing to continue its efforts to protect against unwarranted copyright claims.

    As the dust settles on this legal showdown, the broader implications of Judge Mellor’s ruling reverberate across the cryptocurrency landscape.

    The verdict not only underscores the importance of transparency and integrity within the community but also serves as a cautionary tale against attempts to monopolize or control foundational elements of decentralized technologies like Bitcoin.



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  • SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF

    SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF

    SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF
    • SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024.
    • The ETF plans to invest 80% in Bitcoin and 20% in Carbon Credit Futures-linked financial instruments.
    • Gemini has been named custodian for the ETF.

    The United States Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the 7RCC Spot Bitcoin and Carbon Credit Futures ETF, a proposed exchange-traded fund focused on carbon credit futures contracts and Bitcoin (BTC).

    The delay was announced in a filing made on Thursday and it extends the timeline for the U.S. SEC to evaluate the proposed exchange-traded fund until June 24, 2024.

    During the extended timeline, the SEC aims to thoroughly review the proposal before making a final determination, citing the need for sufficient time to consider the potential impacts of the proposed rule change.

    The 7RCC Spot Bitcoin and Carbon Credit Futures ETF

    The 7RCC Spot Bitcoin and Carbon Credit Futures ETF plans to allocate 80% of its assets to Bitcoin and the remaining 20% to financial instruments linked to Carbon Credit Futures. This unique investment strategy aims to provide investors with a diversified portfolio that encompasses both digital assets and environmental sustainability.

    The ETF’s approach is aligned with the evolving landscape of finance, offering a single-trade solution for those seeking exposure to both innovative technologies and progressive environmental initiatives. Gemini, a leading crypto exchange, has been named as the custodian for the ETF, signalling a significant partnership in the burgeoning digital asset space.

    The postponement news reflects the ongoing scrutiny and evaluation by regulatory bodies like the SEC in navigating the intersection of traditional finance and emerging technologies.

    As the deadline approaches, stakeholders eagerly await the SEC’s decision, which will have implications for the future of investment opportunities in both the digital asset and environmental sectors.

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  • Animoca Brands “comes to Bitcoin” with OPAL Protocol

    Animoca Brands “comes to Bitcoin” with OPAL Protocol

    • Animoca Brands says Bitcoin is ready for Web3.
    • The blockchain gaming giant will collaborate with Darewise and OPAL Protocol to launch a new era for gaming, DeFi and Web3 on BTC.
    • BLIF, a new token of the OPAL Protocol, will power the ecosystem.

    Animoca Brands, a leading blockchain gaming company with a huge presence across the market, has announced its entry into the Bitcoin ecosystem.

    The Hong Kong-based company’s huge announcement came via a post on X on Tuesday.

    Among other details, Animoca Brands said it “is coming to Bitcoin” and that the pioneer blockchain network is “ready for Web3.”

    In this quest to dominate the new era of Bitcoin gaming, Animoca Brands is tapping into the OPAL Protocol, a new ecosystem on Bitcoin that’s powered by the BLIF token.

    BLIF will be the OPAL Protocol Runes token, powering a true digital life on Bitcoin and beyond,” the company noted on X.

    Animoca Brands portfolio companies ready to join project

    Animoca Brands and metaverse company Darewise back OPAL Protocol and are poised to collaborate to make this “the largest Web3 ecosystem” built on Bitcoin.

    The project will encompass gaming, entertainment, decentralised finance (DeFi), education and culture, according to details the Animoca team shared on Tuesday.

    Already, six Animoca Brands portfolio companies have reportedly joined the initiative as genesis members. They include AAA massively multiplayer online (MMO) game Life Beyond, digital collectibles platform Magic Eden, Bitcoin Web3 wallet Xverse and developer platform Horizen Labs.

    In addition, Animoca plans to partner with OPAL on all of its upcoming Bitcoin-based projects.

    Animoca Brands’ vision for the #openmetaverse harnesses the power of network effects and this truly resonates with the OPAL Protocol, a truly decentralized Foundation with a Special Council. Any company eager to join the movement can apply to become a member of OPAL and build with $BLIF,” the announcement on X reads.

    Members of the special council include Animoca Brands’ Yat Siu, BRC-20 creator Domo and Darewise CEO Ben Charbit. Others are Leah Wald, Herve Larren and David Bailey.



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  • SEC Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M

    SEC Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M

    SEC Bitcoin miner Geosyn Mining for fraud
    • SEC sues Geosyn Mining and co-founders for misappropriated funds and misleading investors.
    • Bitbot revolutionizes crypto trading with a non-custodial Telegram bot.
    • The $BITBOT presale nears $3M presale with the token poised to rise from the current $0.0171 to $0.018.

    The Securities and Exchange Commission (SEC) has filed charges against Bitcoin miner Geosyn Mining, LLC, and its co-founders, Caleb Joseph Ward and Jeremy George McNutt, for allegedly defrauding investors out of $5.6 million.

    Meanwhile, Bitbot, a non-custodial Telegram trading bot, is on the verge of hitting $3 million in its presale.

    Let’s delve into the details of these developments.

    SEC’s charges against Geosyn Mining and its co-founders

    According to the SEC’s complaint, filed in a federal court in Texas, Geosyn raised approximately $5.6 million from over 60 investors between November 2021 and December 2022.

    According to the U.S. SEC, the company allegedly misled investors by falsely claiming to purchase, maintain, and operate crypto mining machines, promising to distribute mined assets, such as Bitcoin, to investors for a fee. The SEC alleges that Geosyn made false claims about its contracts with electricity providers, failed to disclose that it never purchased some mining machines, and did not provide the services as promised.

    Moreover, Ward and McNutt are accused of misappropriating about $1.2 million for personal use.

    The SEC seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against Ward and McNutt.

    Bitbot: a Telegram bot revolutionizing crypto trading

    While the U.S. SEC goes after Geosyn Mining LLC,  Bitbot, an innovative non-custodial Telegram trading bot that aims to democratize crypto trading is making waves with its token presale.

    Besides its token presale, Bitbot offers users institutional-grade tools in a secure and easy-to-use package, allowing them to trade directly from Telegram while maintaining control of their assets. It integrates with self-custodial wallets, ensuring users retain complete control over their keys and assets.

    The platform employs KnightSafe, a decentralized security system, to safeguard trading activities. It provides a range of trading tools, including automated sniping, limit orders, copy trading, and yield optimization, accessible to users of all trading experience levels.

    Bitbot presale nears $3 million

    In recent developments, Bitbot’s presale is rapidly approaching the $3 million mark. The presale, which offers investors the opportunity to acquire $BITBOT tokens, Bitbot’s native utility coin, has garnered significant interest from the crypto community raising a total of $2,900,178 by the time of writing.

    Investors can purchase the $BITBOT token at the current price of $0.0171 per token before the price increases to $0.018 in the next stage.

    Investors can participate in the presale by importing or creating a smart contract wallet directly via Telegram and once the presale period concludes, investors can claim their $BITBOT tokens via Bitbot’s official website.

    $BITBOT token holders stand to benefit from revenue sharing, exclusive presale access, unique perks, a say in Bitbot’s strategic direction through governance, and more.

    Conclusion

    SEC’s legal action against Geosyn Mining highlights the importance of regulatory compliance in the crypto industry, while Bitbot’s presale success underscores the growing demand for innovative trading solutions in the crypto market.

    As Bitbot continues to revolutionize crypto trading, investors eagerly anticipate the platform’s future developments and expansion.

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