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Tag: Gains

  • Buyers Rush Last Opportunity on Rebel Satoshi ($RBLZ) Presale as Injective (INJ) and Polygon (MATIC) Record Gains

    Buyers Rush Last Opportunity on Rebel Satoshi ($RBLZ) Presale as Injective (INJ) and Polygon (MATIC) Record Gains

    TLDR

    • $RBLZ offers 150% gains before the upcoming launch.
    • INJ is set to continue its bullish trend.
    • MATIC could increase toward the $1.05 range.

    Rebel Satoshi ($RBLZ) investors await the official launch on DEXes on March 4. Let’s see if this revolutionary meme coin has the potential to compete against Injective (INJ) and Polygon (MATIC) and find out which is the best cryptocurrency to buy today.

    Rebel Satoshi Gains Unrivaled Bullish Momentum

    Rebel Satoshi is a groundbreaking meme coin project that aims to challenge the stability of centralized organizations and ignite a permanent crypto revolution. In addition, $RBLZ holders play a vital role in the building of the Rebel Satoshi ecosystem and obtain numerous exclusive benefits as Recusants in Rebel Satoshi’s army.

    For example, $RBLZ users receive enormous staking rewards and access to as many as 9,999 rare NFTs. On top of that, $RBLZ holders can engage in the platform’s exciting meme culture and embark on various interactive quests.

    Top market experts suggest $RBLZ as the best coin to invest in the present market based on Rebel Satoshi’s fantastic growth potential. Furthermore, $RBLZ has completed its Smart Contract Audit and has already raised $2.1 million. 

    The token is at the final Recusants Round 5 of the presale, priced at only $0.024. Thus, investors who bought $RBLZ at its Round 1 price of $0.010 are set to receive exceptional 150% gains when $RBLZ soon hits the $0.025 presale target. 

    The returns are bound to get substantially bigger after $RBLZ hits exchanges on March 4, so make sure to diversify your portfolio with Rebel Satoshi today!

    Injective Bulls Expect Rallies to $43.50

    The price of INJ has decreased by 0.87% over the last week, from $35.40 to $35.10. However, Injective bulls are convinced that the recent positive developments in the Injective camp could soon enable INJ to approach the $43.50 threshold. Furthermore, experts praise INJ as one of the best altcoins to buy in 2024 based on Injective’s remarkable surges in terms of Total Value Locked.

    As the platform announced on February 15, Injective’s partnership with Solana and Bonfida has resulted in the release of crypto’s first omnichain domain name service. In addition, Mito Finance announced the launch of Mito on the Injective mainnet on February 20.

    On the other hand, Injective bears warn that the token’s inability to bounce back above the $40 mark could lead to more significant drops over the next INJ price movements. According to a recent pessimistic INJ price prediction, holders should brace for corrections toward $31.50.

    Could Polygon Increase to $1.05?

    The price of MATIC has surged by 6.74% within the last week, from $0.88 to $0.95. Polygon bulls claim that MATIC is set to sustain its upward momentum and rise toward the $1.05 level in the upcoming term.

    This optimistic MATIC price forecast is based on multiple factors, such as Polygon’s continued surges in terms of daily active users and Polygon’s increased whale activity. For example, Spot On Chain reported on February 17 that a wallet linked to Polygon’s Hermez Network had deposited 3 million MATIC tokens (worth over $2.85 million) to Kraken. 

    While Polygon bulls suggest MATIC as the top crypto to invest in 2024, some market analysts have evaluated MATIC as a high-risk investment based on the token’s increased price volatility. As for the latest negative Polygon price prediction, MATIC could decrease to $0.83 in the following weeks.

    Analysts claim that $RBLZ is poised to leave opponents like INJ and MATIC far behind in the crypto race. The Rebel Satoshi presale ends on February 29, so don’t hesitate to take action right away! 

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

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  • 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

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  • Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum

    Solana integrates Filecoin to boost its blockchain; Bitcoin Dogs gains momentum

    • Solana has partnered with Filecoin to boost its blockchain’s reliability and scalability.
    • Bitcoin Dogs has raised over $1.7 million as the crypto community flock to the world’s first ICO on Bitcoin.

    Solana is looking to bolster its blockchain network with a key partnership with decentralized storage platform Filecoin. Meanwhile, Bitcoin Dogs is storming through its presale as the crypto community takes note of its potential.

    Solana and Filecoin partner

    In one of the groundbreaking developments this week, Filecoin, the decentralized data storage marketplace and crypto platform, announced it had integrated with Solana, the blockchain network home to a bustling token ecosystem.

    Filecoin said in a statement that the collaboration will see Solana tap into Filecoin’s infrastructure to bolster the reliability and scalability of its network. The partnership comes a few days after Solana suffered an outage and is a major move that signals the blockchain platform’s focus on further traction. 

    Tapping into Filecoin’s decentralized storage solutions makes Solana’s block history not just more accessible, but also readily usable for the community, including indexers, explorers and infrastructure providers.

    “By leveraging Filecoin’s decentralized storage capabilities, @solana can achieve data redundancy, scalability, and enhanced security while staying true to its decentralized ethos,” the Filecoin team said.

    Solana price

    Solana’s price rallied to highs of $118 despite the recent downtime and although its down 2.3% in the past 24 hours, its poised above the psychological $100. Analysts expect SOL to skyrocket in coming months alongside the broader altcoin market. Ethereum spot ETF approval in May could add to the tailwinds from Bitcoin’s halving to push the market higher.

    Bitcoin Dogs’s presale enthralls crypto investors

    Bitcoin Dogs is a new crypto project that’s currently storming through its presale, with over $1.6 million already raised less than 72 hours after the historic ICO launched.

    As detailed in their whitepaper, Bitcoin Dogs is a gaming and NFT platform set to lead the next growth era for Bitcoin Ordinals. With the Bitcoin Layer-2 ecosystem thriving amid projects such as Stacks, Bitcoin Dogs is coming in to open the landscape further with gaming, NFTs and BRC-20 tokens.

    $0DOG, the native Bitcoin Dogs token, is indeed the world’s first ICO on Bitcoin. The token will power the new project’s ecosystem, offering holders access to the 10K NFT Collection and Bitcoin Dogs Club. A blend of interactive gameplay, $0DOG rewards and fun all come to Bitcoin as the community shows their love for the beloved pets.

    A total of 900 million $0DOG tokens are minted, with the presale offering 90% or 810 million of the total supply to early bird investors. To capture the current momentum and build into its potential, the Bitcoin Dogs team has outlined a 10-stage ICO that will run for 30 days only.

    Is Bitcoin Dogs worth buying?

    The crypto investment community that hailed projects like Axie Infinity, Tamagotchi and BAYC, is excited about Bitcoin Dogs. In particular, investors see $0DOG as standing out from the rest for its pioneering ICO on Bitcoin and the potential to drive the gaming ecosystem on the flagship blockchain network.

    The outlook is more apparent given the prevailing market sentiment, with crypto on the cusp of a major rally led by Bitcoin. In this case, an early bet on $0DOG at the current presale values could be worth a huge return in coming months.

    Read more about $0DOG here.

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  • As Litecoin loses steam, Rebel Satoshi gains momentum with investors

    As Litecoin loses steam, Rebel Satoshi gains momentum with investors

    • Litecoin (LTC) dips despite achieving a milestone on BitPay. 
    • Rebel Satoshi (RBLZ) leads the top ICO list in its presale. 
    • $RBLZ announces launch timeline after raising $2 million. 

    Litcoin (LTC) has failed to make a comeback in recent weeks, leaving the field open for other altcoins. Rebel Satoshi (RBLZ) is a new meme coin that is attracting Litecoin investors with 150% potential gains. 

    Let’s review the latest news about LTC and $RBLZ to find the best crypto to invest in!

    LTC dips by 6.6% despite achieving a milestone on Bitpay

    On December 30, 2023, the Litecoin Foundation shared on Twitter (now X) that LTC exceeded all other altcoins on BitPay last month. Litecoin was the number 1 choice for crypto payments on the world’s largest crypto payment processor. 

    The Litecoin community welcomed the news, hoping it would help LTC improve in value. But despite the good news, LTC, the native token from Litecoin, continued its dip. The LTC price decreased by 6.6% in ten days from $72.64 to $67.84. So, is LTC still the best crypto to buy?

    Although LTC is currently in a dip, Litecoin price prediction suggests that things can get better by the end of 2024. If the market turns bullish, LTC will reach the maximum predicted price of $111.55 in 2024.

    However, if bearish trends affect the market, Litecoin won’t get the predicted increase of 52.9% in its value. In the case of a bearish scenario, Litecoin will be trading at $89.58 per LTC by the end of 2024. 

    $RBLZ becomes investor favourite after raising $2M

    Meme coins are abundant in the crypto market. However, not all of these meme coins are worth investing in. But Rebel Satoshi, a new meme coin inspired by Satoshi Nakamoto and Guy Fawkes, has caught the eyes of investors while still in its presale. 

    Rebel Satoshi is a meme coin with a mission. It plans to herald a new era of decentralization with its native token, $RBLZ. Rebel Satoshi also aims to develop a community for the underdogs so they can challenge centralized systems together. 

    $RBLZ, the native token from Rebel Satoshi, has broken records in its ongoing presale. Rounds 1 and 2 of the $RBLZ presale were sold out in ten and 15 days, respectively. Currently, the $RBLZ presale is in the Citizens Round 3 stage, where each token is available at $0.025. Only 25 million $RBLZ tokens are available in the current stage. 

    Those who invested in $RBLZ early on can expect a 150% return on investment when Rebel Satoshi officially launches. $RBLZ is expected to start trading at $0.025 once it launches on DEX. 

    As February 2024 has been picked as the launch month, there’s not much time left to benefit from the presale. So, you can use Bitcoin and 50 top altcoins to join the Rebel Satoshi presale today. 

    Investing in $RBLZ will bring all sorts of exclusive benefits as well as the chance to contribute to the Rebel Satoshi ecosystem. So, act fast if you don’t want to miss out on the Rebel Satoshi hype train. 

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

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  • $TIA Eyes Further Gains as $GFOX Presale Reaches Over $2.3 Million

    $TIA Eyes Further Gains as $GFOX Presale Reaches Over $2.3 Million

    $GFOX progress piques crypto enthusiasts’ interests, as $TIA eyes continued price pump

    If you’re looking for good investments, $TIA could be a good crypto to buy now. The token impressed with its year-end run, and the momentum has extended to the new year. $TIA is looking to keep up its run, and its future outlook suggests it could be one of the best cryptos to invest in. $TIA isn’t the only impressive altcoin currently. 

    The new presale meme coin, $GFOX, is also having a good run, surpassing $2.3 million on presale. Both altcoins are profitable investments this year. 

    Galaxy Fox ($GFOX): Fox-themed Hybrid Meme Coin With Excellent Utility 

    Galaxy Fox is an Ethereum-based meme ecosystem where users can play, earn, and have fun. The crypto project is dedicated to providing users with fun and income-earning opportunities. Galaxy Fox will leverage meme appeal and features to create fun, while its web3 game, runner, will be the basic earning medium in the ecosystem. The Runner game is P2E, and users can enjoy the thrill of playing against each other while earning. 

    You can also earn on Galaxy Fox by staking the $GFOX token. Staking rewards come from the crypto project’s Stargate – the central hub for allocating residual earnings to staked tokens. Stargate is funded by automatically adding 2% of every transaction’s total value. It facilitates ecosystem replenishment and fuels committed $GFOX token holders’ passion. Staking $GFOX tokens makes you eligible to receive a proportional share of Stargate’s rewards periodically. This satisfactory incentivizing gives users compelling reasons to HODL the $GFOX tokens. 

    Minting and trading Galaxy Fox NFTs is another feasible way of benefiting from the crypto project. Galaxy Fox is releasing about 3000 of its coolest NFTs during its ongoing presale, and you can mint them directly on Galaxy Fox’s official website and trade them on popular NFTs trading platforms. The NFTs will have a high possibility to increase in value rapidly, making them buys or assets to keep for anyone. They’ll play a vital role in improving players’ chances of winning their games while equally being an item of value that can be traded for real money in the Galaxy Fox NFTs marketplace. 

    Players can get other game-enhancing digital items in the marketplace, leveraging the $GFOX token to complete transactions. The hybrid meme-GameFi token is billed for a high-value increase in the coming months. This makes potentially a must-own crypto asset either via winning the platform’s web3 game, staking, or joining the presale. The Galaxy Fox presale has been on for a while, and it’s gradually nearing its end, making it a good crypto to buy now before its retail launch. 

    Currently, the token 6th presale is rounding up out of the proposed 10. Over 80% of the available 3.5 billion presale tokens have been sold, indicating limited time to join the presale. $GFOX presale price is considered the lowest value it will ever be at, and investors can expect a value rise with stage progression. Hence, the earlier the entry, the lower the purchase price and the higher the potential profit margin. You should join now. 

    >>BUY $GFOX TOKENS<<

    Celestia ($TIA) Price Outlook 

    Celestia is a modular blockchain that supports easy deployment of blockchains with reduced overhead. This makes it a welcome protocol by most developers. It scales by rethinking blockchain architecture from scratch and decouples execution from consensus by leveraging new primitive data availability sampling. 

    The network doesn’t impose settlement or execution constraints. This allows blockchain developers and builders to define their settlement and execution environments, enabling them to access new and unrealized possibilities. 

    $TIA functions as the platform’s native currency. It is one of the top altcoins to own currently due to its bullish momentum. The crypto yielded about 29% in the last 24 hours, bringing its 7-day return to over 35% increase. $TIA trades around $15.70 – $16.68 currently, indicating a sharp surge from its initial $12 market price. The cryptocurrency looks poised for a $20 run, making it part of the top 10 altcoins to consider currently. Analysts believe $TIA upward momentum could last a while, and the market shows a strong bullish sentiment too. 

    Conclusion 

    $GFOX is one of the top-performing ICOs of 2024 and will likely burst out of the gates running when it hits retail exchanges later this year. $TIA is another good crypto to buy now, though its upside potential is somewhat limited by the profits it’s already seen over the past two months, as early investors will begin adding strong sell pressure. $GFOX’s continuous progress at presale indicates its high potential, and joining it presale could be the best way to potentially highest returns. 

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

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  • Crypto market gains momentum led by Bitcoin & RebelSatoshi despite Aurory Protocol security breach

    Crypto market gains momentum led by Bitcoin & RebelSatoshi despite Aurory Protocol security breach

    In the fast-paced world of cryptocurrencies, Aurory, a gaming platform on the Solana blockchain, recently faced a significant security breach. 

    Meanwhile, the broader crypto market is gaining momentum, with Bitcoin and RebelSatoshi leading the charge. Let’s dive into these contrasting scenarios and see why they’re grabbing headlines.

    Aurory Protocol’s Security Breach

    Aurory, a notable gaming platform on the Solana blockchain, experienced a serious cyber attack. The platform’s AURY-USDC liquidity pool was hit hard, with approximately 80% of its assets compromised. This breach is a stark reminder of the security challenges that blockchain platforms face. The Aurory team, however, deserves credit for their quick response. They swiftly disabled the SyncSpace feature, a crucial move to halt further unauthorized transactions and protect the remaining funds and NFT assets.

    The attack was executed by exploiting vulnerabilities in the SyncSpace bridge connected to Camelot’s DEX on the Arbitrum network, leading to the unauthorized withdrawal of around 600,000 $AURY tokens. These tokens were then sold on the Arbitrum platform, causing a 20% drop in AURY token’s market value. However, the team’s strategic buyback of tokens helped stabilize the market and avert a more drastic devaluation.

    Bitcoin: steady and strong

    While Aurory navigates through its challenges, Bitcoin continues to strengthen its position as a top crypto to buy. It’s the bellwether of the crypto market, often setting the tone for the industry’s overall health. 

    Bitcoin’s resilience and potential for steady growth make it a favourite among investors, both seasoned and new. Its ability to weather various market storms has further solidified its status as one of the best crypto investments out there.

    RebelSatoshi: the rising Memecoin

    On the other side of the crypto spectrum is RebelSatoshi, quickly emerging as the best meme coin in the market. 

    Currently, in the midst of its Citizens Round 3 phase of the presale, RebelSatoshi has already seen significant success. With over 83K $RBLZ tokens sold, amounting to over $1,000,000, it’s clear that RebelSatoshi is more than just another memecoin; it’s a movement.

    Why RebelSatoshi is catching everyone’s eye

    RebelSatoshi is turning heads not just for its memecoin status but for its potential as a serious investment. It combines the fun and community spirit of memecoins with real growth prospects. 

    For those looking for altcoins to buy, RebelSatoshi offers an exciting blend of entertainment and investment potential, making it one of the top altcoins in the market.

    The RebelSatoshi presale

    The RebelSatoshi presale is where the action is. The success of the presale is a clear indicator of the crypto community’s growing interest and confidence in RebelSatoshi.

    For savvy investors looking for the next big thing in the memecoin space, the RebelSatoshi presale represents a golden opportunity.

    Conclusion: a market of contrasts and opportunities

    The crypto market is full of contrasts and opportunities. As Aurory works to recover from its security breach, Bitcoin and RebelSatoshi continue to gain momentum, each in its own unique way. 

    Bitcoin remains a solid investment choice, while RebelSatoshi offers a fresh and exciting opportunity for those looking to diversify their portfolio with a meme coin that has serious potential. Keep an eye on these developments, as they continue to shape the ever-evolving landscape of the cryptocurrency market.

    For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

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  • Polkadot (DOT) gains 43%; Cardano (ADA) and InQubeta (QUBE) look promising

    Polkadot (DOT) gains 43%; Cardano (ADA) and InQubeta (QUBE) look promising

    Some are calling Polkadot (DOT) the best cryptocurrency to invest in right now after 43% gains last month. The project’s developers recently revealed plans to work with the Cardano (ADA) project to build a partner chain using Substrate, Polkadot’s SDK base.

    ADA has also enjoyed substantial growth lately with prices increasing by 55%. 

    Meanwhile, InQubeta (QUBE) is also being touted as the best cryptocurrency ICO to invest in as its presale sells over $7.1 million worth of tokens. The presale still has four more stages to go, yet early investors have already made 175% returns. 

    InQubeta (QUBE) creates an alternative way to invest in AI

    Going by the success of its presale so far, InQubeta has positioned itself as one of the best DeFi projects launched this year. Its success can be attributed to the fact that it looks to create an alternative way to invest in artificial intelligence (AI) giving investors who do not meet the income requirements of many traditional investment mediums an alternative way to partner with AI firms and earn profits as they grow. 

    InQubeta’s position as the first cryptocurrency decentralized finance project to focus on making AI investment more accessible positions it to enjoy exponential growth as over $1.5 trillion pours into the AI industry in the next several years. 

    Investing in AI today is like investing in companies like Netflix and Amazon during the early days of the internet revolution. Those who had the foresight to predict the tremendous impact these companies would have and invested appropriately have earned exponential returns. 

    The AI revolution is on course to reshape the world and it will create opportunities for investors to earn considerable returns. Investing in AI also provides some security against the uncertainties the technology will bring. You might end up losing your job to AI, but you won’t care because you’ve made life-changing profits by investing in AI. 

    How decentralized investing works on the InQubeta network

    InQubeta’s blockchain is deployed on the Ethereum (ETH) network, giving it the same security, transparency, and functionality. This allows for the creation of an investment ecosystem that swaps stocks with ERC20 coins. 

    These non-fungible tokens (NFTs) are made by startups looking to secure capital and are sold on the ecosystem’s marketplace. Investors can learn about the different items on the ERC20 token list on the marketplace and QUBE is used for all purchases. 

    Investors can hold on to their tokens as their value increases or they can resell them on the NFT marketplace at any time. 

    Polkadot (DOT) expected to enjoy considerable growth in 2024

    DOT prices have risen 29% in the past month, but it hasn’t enjoyed as much growth as many projects have since BTC went on its bull run. However, Polkadot’s utility positions the project for substantial growth in 2024 and beyond. 

    The project hosts a multichain-sharded protocol that connects specialized blockchains and allows for the transfer of data and assets. Its protocol was designed to help facilitate the foundation for a decentralized internet of blockchains. 

    Cardano (ADA) up 120% in 2023

    ADA price has struggled for most of 2023, hovering around the $0.25 mark, but prices have surged considerably in the past three months. The Cardano project is once again getting lots of attention from investors and that could push prices towards highs set in 2021. It wouldn’t be surprising if ADA prices surge as much as 4x in 2024.

    Conclusion

    QUBE, ADA, and DOT are among the top altcoins to buy as 2024 draws near. InQubeta leads the trio as far as their growth potential is concerned with some projections expecting 100x gains in 2024.

    For more about InQubeta and its ongoing presale, visit the InQubeta Presale website or join the InQubeta communities.

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  • ASTR pares gains after major exchange listing

    ASTR pares gains after major exchange listing

    • Astar (ASTR) price rose to highs of $0.059 after news of listing on Bithumb.
    • ASTR has however pared some of the gains to trade near $0.053 amid profit taking.

    Astar (ASTR) rose to a multi-week high on Thursday, reaching an intraday peak of $0.059 as market reaction to news of a major exchange listing buoyed bulls.

    However, with sellers still largely present, ASTR has pared most of the daily gains and currently traded near $0.053. Per data on CoinGecko, the cryptocurrency’s price has a 24-hour and seven-day upside of 2.5% and 4.4% respectively at the time of writing (11:30 am ET).

    Astar price soared after Bithumb listing news

    A tweet from Sota Watanabe, founder of Astar Network, on Thursday highlighted the native ASTR’s listing on Bithumb, one of the largest cryptocurrency exchanges in South Korea. With the news came the buying pressure, a scenario that catapulted ASTR/USD from lows of $0.052 to near $0.060.

    Notably, the spike in the USD pair came even as Bithumb added support for ASTR/KRW, driving volume across the country.

    The listing on the Korea-based exchange comes after Astar Network, which is Japan’s leading blockchain, launched its highly anticipated zero knowledge (ZK) layer 2 chain Astar zkEVM on Ethereum. 

    Astar’s L2 scaling solution is powered by the Polygon CDK. According to the Astar and Polygon teams, the new ZK-powered chain brings transaction speed, scalability and security to businesses and enterprises. It’s part of the roadmap to delivering global adoption for Web3.

    ASTR also recently listed on Swyftx, one of the leading crypto exchanges for Australia and New Zealand. The token also recently debuted on Huobi.

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  • Bitcoin hard forks, Bitcoin Cash and Bitcoin SV in the spotlight with double-digit gains

    Bitcoin hard forks, Bitcoin Cash and Bitcoin SV in the spotlight with double-digit gains

    • At press time, BCH price had risen by 52% in the last seven days and 28% in the last 24 hours.
    • BSV, on the other hand, had gained 77% in the last seven days and 30% in the last 24 hours
    • Bitcoin (BTC) has only gained 15% over the last seven days.

    Recently, attention has been focused on Bitcoin (BTC) and its hard forks, Bitcoin Cash (BCH) and Bitcoin SV (BSV) that split off from the main chain. In the last seven days, the prices of BSV and BCH have skyrocketed, outperforming even BTC.

    Despite the markets showing a consolidated trend after the recent price movements, prices of most cryptocurrencies are still skyrocketing with BCH and BSV being among the top three gainers today falling behind Waves (WAVES) which has shot up by 85% today.

    Crypto market breakout after US SEC onslaught

    The SEC lawsuits against Binance and Coinbase for allegedly violating US rules and regulations sent the markets into a sharp decline.

    However, the drop did not last long. The prices were up again after industry heavyweights like BlackRock, Invesco, and WisdonTree threw their weight behind the industry. The other force behind the current crypto market boom is the emergence of China back into the cryptocurrency space.

    China’s stand on cryptocurrencies

    The historical relationship between China and cryptocurrencies has been quite complicated, with frequent bans that have always had an effect on the entire crypto market.

    China has a history of opposing cryptocurrencies despite the fact that it was once the bedrock of most crypto activities including Bitcoin mining. The People’s Bank of China (PBC) made its initial attempt in 2013 when it forbade financial institutions from dealing in virtual currencies. Afterwards, authorities tightened their regulations of cryptocurrencies in 2017, especially targeting Initial Coin Offerings (ICOs).

    Later in 2021, China took the toughest action and outlawed cryptocurrency mining causing a more than 50% decline in the crypto markets.

    But recently, China has changed how it views cryptocurrencies. Beijing recently published a whitepaper titled “Web3 Innovation and Development White Paper (2023)” that promoted Web3 technology as a crucial element of the internet’s future development.

    If China was to completely lift the crypto ban or ease its stand, the global markets could be deeply impacted, stimulating global demand and boosting prices. However, at the moment, everything is still surrounded by speculations going by what has been happening.

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  • Kaspa price gives up gains as top exchange delays KAS listing

    Kaspa price gives up gains as top exchange delays KAS listing

    • Kaspa price rose to highs above $0.031 before giving up gains to sit around $0.030.
    • The upside momentum for the altcoin was derailed as major exchange Uphold announced it was delaying the listing of KAS.
    • Uphold says the delay is due to a technical issue that will soon be sorted out.

    Kaspa (KAS) was among the biggest gainers earlier today as cryptocurrencies looked to bounce following Bitcoin’s sharp decline overnight Wednesday.

    In the past 24 hours, as BTC looked to reclaim $29,000, the price of Kaspa rose more than 10% to break above $0.031. The upside saw KAS bulls begin to eye the token’s all-time high near $0.043 reached on 2 April 2023.

    That attempt to put bears in their place is on hold though as one of the major catalysts for the altcoin going up was the impending listing on a major US crypto exchange

    Uphold delays listing of Kaspa (KAS)

    On Thursday, Uphold, which was set to be the first centralised crypto exchange in the US to list KAS, announced it would be delaying the listing. The multi-asset digital asset platform said the “difficult decision” had been taken due to technical issues.

    But despite the delay, Dr. Martin Hiesboeck, the Head of Research at Uphold, has assured KAS holders that the issue was “minor” and will soon be solved. He tweeted:

    “As we’re expecting *high demand*, we’ve taken the difficult decision to delay this listing due to some technical issues – to ensure you get a smooth and fair trading experience and best execution. Won’t be long, it’s a minor thing we’ll sort out soon.”

    He offered to explain everything on the Twitter Space.

    After seeing a double digit uptick in price, with weekly gains rising to over 30%, Kaspa price is just in the green in the past day (at the time of writing) and about 28% higher over the week.

    Currently, KAS can be traded on multiple exchanges, including MEXC Global, Gate.io and BingX. The token’s recent momentum has come amid a flurry of listings, including on LBank and Bitget.

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