Tag: Trading

  • Monad (MON) soars 76% as mainnet launch sparks $1.2B trading surge

    Monad (MON) soars 76% as mainnet launch sparks $1.2B trading surge

    Monad price rose to above $0,045 to see MON ranked among top gainers with a 76% spike amid $1.2 billion volume

    • Monad pumped more than 76% in 24 hours to touch a high of $0.045.
    • The layer-1 blockchain’s mainnet went live this week and has an ambitious roadmap for DeFi.
    • MON is listed on top exchanges, including Coinbase and Upbit.

    Monad price has skyrocketed 76% in the past 24 hours, extending gains after the highly anticipated mainnet launch that occurred on November 24, 2025.

    The MON token’s gains saw the cryptocurrency rank among top gainers in the market, with its trading volume having exploded to $1.2 billion to reflect speculative enthusiasm.

    The Layer-1 blockchain platform’s launch brings momentum, such as lending protocols, yield products, and liquid staking products. The memecoin frenzy is another segment to watch.

    Monad pumps 76% amid $1.2 billion volume

    Monad flipped the switch on its public mainnet on Monday, unlocking a cascade of decentralized applications and liquidity pools.

    The token rose sharply, with intraday lows of $0.025 and highs of $0.045. MON price has jumped more than 106% since touching lows of $0.020.

    Per data on CoinMarketCap, a more than 600% spike in daily volume pushed the metric to over $1.2 billion.

    This sees the token rank as one of the biggest movers in terms of market activity on the day. In fact, the pump has seen Monad price outpace many top coins, including Kaspa, Sui, and Ethena.

    Why is Monad price up?

    As noted, what is likely fueling the momentum is Monad’s mainnet launch and DeFi potential.

    In a post on X, the L1 outlined what it sees as a roadmap towards seamless integrations for DeFi growth.

    Lending protocols like Curvance and TownSquare enable users to leverage MON, liquid staking tokens (LSTs), and stablecoins with high loan-to-value ratios and automated looping strategies.

    Yield products such as the MON Vault and the earnAUSD Vault from Upshift offer composable, hands-off returns on stablecoins.

    Meanwhile, liquid staking options further amplify utility, allowing stakers to earn rewards while deploying LSTs in DeFi.

    Monad is also up amid major exchange listings. Market observers attribute the volume spike to this, with speculative fervor and early ecosystem incentives key.

    Among the top centralized exchanges to list MON are Coinbase, Upbit, Bithumb, Kraken, KuCoin, and Bybit.

    MON price forecast

    Despite the potential for profit-taking, there’s a possibility for the token to climb further.

    As well as listings, other bullish catalysts will include ecosystem grants and partnerships. If Monad mirrors growth for projects such as Solana, Hyperliquid, and others, the token’s growth trajectory will tell in immediate gains.

    However, bearish risks are there. It includes the aforementioned profit-taking and regulatory scrutiny.

    If bulls take charge, a breakout above $0.1 could bring the coveted $1 into play. On the flipside, a retreat to lows of $0.25 will embolden sellers.



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  • LAUNCHCOIN price pump leads to $4m loss for crypto trading firm

    LAUNCHCOIN price pump leads to $4m loss for crypto trading firm

    • Launch Coin on Believe price rose suddenly, jumping 60% to highs of $0.118.
    • Gains saw a surge in liquidations, with crypto trading firm.

    Launch Coin on Believe (LAUNCHCOIN) price surged nearly 60% in early trading on Tuesday, with the altcoin’s sudden pump leading to significant losses for shorts.

    The token’s rapid price increase also triggered a cascade of liquidations, with on-chain data showing a liquidity provider suffered losses of over $4 million.

    Launch Coin on Believe price sees sudden 60% pump

    Cryptocurrencies like Worldcoin and MYX Finance are riding bullish news to top gainers charts over the past 24 hours. Meanwhile, small cap token LAUNCHCOIN is also attracting social chatter.

    As noted, the Launch Coin on Believe price experienced a sharp price surge amid a nearly 60%  spike. Trading around $0.076 in early deals during the Asian session, LAUNCHCOIN suddenly pumped to $0.132.

    LAUNCHCOIN chart by TradingView

    This sudden jump accounted for a 60% rise that hit many traders betting on a continued consolidation or downturn.

    With intense buying pressure, driven by speculative trading and potential market manipulation, LAUNCHCOIN saw its daily trading volume skyrocket.

    According to CoinGecko, the rapid ascent pushed volume on centralized crypto exchanges such as LBank and Bitget 540% up, and stood around $255 million in 24 hours.

    The more than fourfold increase in volume from the day before attests to the sharp uptick in market activity.

    $4 million loss amid cascade of liquidations

    While buyers celebrated the meteoric price surge, LAUNCHCOIN’s gains saw a notable market player suffer significant losses.

    According to analytics account Lookonchain, a wallet linked to the market maker GSR suffered one of the biggest losses as the token’s price rose.

    The wallet, shown to have been hedging a short position on LAUNCHCOIN, was fully liquidated. It meant a loss equivalent to $4 million as GRS Market’s other positions saw a cascade of liquidations on decentralized exchange Hyperliquid.

    As liquidation on LAUNCHCOIN’s gains hit the leveraged positions betting against a price increase, other positions too were wiped out. Lookonchain notes GRS Market’s other short positions caught in the carnage included Mantle, Popcat, Chainlink and Lido DAO.

    “The liquidation of #GSRMarkets’ short position triggered a domino effect, wiping out their other shorts on $MNT, $POPCAT, $LINK, and $LDO, and zeroing out the account,” Lookonchain posted.

    LAUNCHCOIN’s price currently hovers around $0.091, slightly off its intraday high. The $0.08 level, above which bulls took charge for the spike, is likely to be critical if price falls further.

    As LAUNCHCOIN looks for a decisive move, analysts say the event highlights how the cryptocurrency trading market can offer opportunity but also be a brutal arena with fortunes shifting in an instant.

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  • HBAR price soars as South Korean trading app Salt launches on Hedera

    HBAR price soars as South Korean trading app Salt launches on Hedera

    Hedera and Bitcoin

    • HBAR price rose 15% to hit highs of $0.20 as Bitcoin jumped to a new all-time high.
    • Salt app launch on Hedera amid overall bullish sentiment could push HBAR price to key resistance at $0.37.
    • The all-time high of $0.57 reached in September 2021 is a potential short-term target.

    HBAR, the native token of Hedera, has jumped by more than 15% in the past 24 hours to hit highs of $0.20.

    This comes amid Bitcoin’s spike and news related to the launch of Salt, a South Korean-based mobile trading application on Hedera.

    The token is also up amid the recent announcement of a milestone integration involving NVIDIA Blackwell, EQTY Lab’s Verifiable Compute, SCAN UK, Accenture Public Sector, and Hedera.

    Could these developments spark further adoption for HBAR and hence boost the token’s price?

    Hedera (HBAR) price spikes amid Salt beta launch

    Salt’s beta version is going live on Hedera, a move the Hedera Foundation announced early Friday.

    The integration has catalyzed a notable increase in HBAR’s price, which is up 15% in the last 24 hours and over 32% higher over the past week.

    Salt’s integration on Hedera is eyeing the MemeFi space, the Hedera Foundation said.

    The South Korea-based app will leverage the Hedera network’s scalability and efficiency, offering users access to over 30 chains and major decentralized exchanges (DEXs).

    The strategic importance of this partnership is that it expands Hedera’s presence in the Asia Pacific region. It will make DeFi on Hedera “fast, familiar, and fun”.

    “SALT is a mobile trading app on Hedera that makes DeFi feel fast, familiar, and fun. One-click wallets get you in, smart routing gets you the best trade, and a clean interface keeps you moving,” Hedera Foundation posted on X.

    This broad connectivity is expected to attract a diverse user base, fostering increased trading activity and liquidity for HBAR.

    Additionally, Salt’s reward system, which allows traders to earn points through swaps, referrals, and engagement, further incentivizes user participation, potentially driving demand for HBAR.

    Hedera price prediction

    As well as the overall Bitcoin-driven bullish sentiment, the surge in HBAR’s price is getting upward support from recent Hedera ecosystem milestones.

    One of these is an announcement that sees the NVIDIA Blackwell platform support EQTY Lab’s Verifiable Compute deployment.

    Per an announcement, the collaboration also involves computer hardware suppliers SCAN UK and Accenture Public Sector.

    The EQTY Lab’s initiative is built on Hedera, adding to the potential adoption exposure for HBAR.

    According to market analysts, HBAR price can target the robust resistance level at $0.37 if bulls go higher.

    Further legs up will bring the all-time high of $0.57, achieved in September 2021, into view as a potential short-term target.

    However, the key support levels remain around $0.13.



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  • Crypto trading boom lifts Kraken Q1 revenue to $472 million

    Crypto trading boom lifts Kraken Q1 revenue to $472 million

    • EBITDA for the quarter reached $187.4 million, a 17% increase.
    • Trading volume rose 29% amid a 35% rally in Bitcoin prices.
    • Launch of institutional FIX API boosted futures volumes by 250%.

    Kraken, one of the longest-operating cryptocurrency exchanges in the United States, reported a 19% year-on-year increase in revenue for the first quarter of 2025, reaching $472 million.

    The jump in trading activity followed heightened price volatility across the crypto market, largely driven by the return of Donald Trump to the White House and his pro-crypto policies, which included discussions of a national Bitcoin reserve.

    Kraken’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) reached $187.4 million, up 17% from Q1 2024.

    However, despite strong numbers, regulatory pressure, rising competition, and market uncertainty remain key hurdles for the company’s long-term strategy.

    Revenue climbs on market volatility and pro-Bitcoin sentiment

    According to company data, Kraken’s trading volume surged 29% during the January–March period, mirroring the 35% rise in Bitcoin prices — from $69,000 to $94,000 — during the same timeframe.

    The increased volume was partly driven by favourable sentiment following the Trump administration’s commitment to explore Bitcoin as a strategic reserve asset.

    This policy signal helped fuel broader interest in the cryptocurrency sector, with major exchanges, including Kraken, benefiting from the resulting speculative activity.

    The surge in crypto valuations and trading enthusiasm also coincided with rising adoption of advanced features on the Kraken platform.

    The company rolled out a futures-focused FIX API during the quarter, specifically targeting institutional users.

    The product launch led to a 250% increase in monthly futures trading volumes, underscoring the shift towards professional-grade infrastructure.

    NinjaTrader acquisition adds new traders, products to portfolio

    Kraken expanded its offering in March 2025 by acquiring NinjaTrader for $1.5 billion.

    The deal added nearly 2 million traders to its ecosystem and allowed Kraken to diversify beyond cryptocurrencies into broader financial markets.

    With the acquisition, Kraken now offers trading in futures contracts tied to commodities, forex, and equities — a strategic pivot aimed at reducing the platform’s reliance on crypto market cycles.

    The company said its institutional strategy will continue evolving throughout 2025, with further integrations and platform improvements in the pipeline.

    Its diversification into adjacent markets mirrors a trend seen across the industry, as exchanges seek to weather periods of low volatility and attract capital from outside the crypto-native audience.

    Challenges ahead despite strong Q1

    Despite the growth, Kraken still faces key operational and competitive challenges.

    The exchange operates in an increasingly saturated market, with Binance, Coinbase, and several Asia-based players aggressively pursuing global market share.

    Maintaining user growth will likely require continued product innovation and regional expansion.

    The company’s revenue model remains closely tied to trading volume, which makes it vulnerable to market consolidation or prolonged bearish cycles.

    While early 2025 benefited from speculative tailwinds, any cooling of the Bitcoin rally could impact the next quarter’s results.

    Kraken must navigate a fluid regulatory environment.

    While the Trump administration has signalled support for digital assets, regulatory oversight from the Securities and Exchange Commission and other agencies continues to evolve.

    Global compliance requirements may also pose hurdles as Kraken pushes into new geographies, including Asia.

    The company’s blog post dated 1 May 2025 hinted at plans for expanding Kraken Pay and on-chain staking services, offering a potential path to more stable, recurring revenue.

    However, execution risks remain, especially as competition intensifies and regulatory clarity remains inconsistent across jurisdictions.

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  • BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain

    BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain

    BBVA gets nod to offer Bitcoin and Ethereum trading services in Spain

    • BBVA customers in Spain will soon be able to trade Bitcoin (BTC) and Ethereum (ETH).
    • The bank will roll out the crypto trading services in phases.
    • First, the bank will allow a select group of customers to test the services before expanding it to retail customers.

    Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), the country’s second-largest bank, has received regulatory approval from the Comisión Nacional del Mercado de Valores (CNMV) to offer Bitcoin (BTC) and Ethereum (ETH) trading services.

    Following the approval by the securities regulator, BBVA announced that its clients will soon be able to buy, sell, and manage BTC and ETH directly through its mobile banking app, a move that underscores the growing convergence of legacy banking and digital assets.

    This development positions BBVA as a trailblazer among European banks, capitalizing on the increasing demand for crypto-related services. With Bitcoin (BTC) trading at approximately $82,808 and Ethereum (ETH) at $2,118, the bank aims to tap into a market that has seen explosive growth and institutional interest.

    Notably, BBVA’s decision reflects a broader trend of traditional financial institutions adapting to the evolving preferences of tech-savvy customers, many of whom view cryptocurrencies as both an investment opportunity and a hedge against economic uncertainty.

    A phased rollout approach

    BBVA will roll out its crypto trading in phases. Initially, the service will be available to a select group of users, allowing the bank to test and refine its platform before a wider rollout.

    Afterwards, the lender will gradually expand access to all private banking customers across Spain.

    This cautious yet deliberate strategy highlights BBVA’s commitment to ensuring a seamless and secure experience for its clients, leveraging its own cryptographic key custody platform to maintain full control over digital asset holdings without relying on third-party providers.

    The bank’s proprietary custody solution is a key differentiator. By keeping customer assets in-house, BBVA aims to enhance security and trust—crucial factors in a sector often plagued by concerns over hacks and mismanagement. This move also aligns with the bank’s long-standing emphasis on technological innovation, positioning it as a leader in the digital transformation of finance.

    Building on the rising crypto adoption trends

    BBVA’s crypto journey is not a sudden leap but a calculated expansion of efforts that began years ago. In June 2021, the bank launched Bitcoin custody and trading services for private banking clients in Switzerland, where regulatory clarity provided an early foothold.

    Since then, BBVA’s Swiss branch has broadened its offerings to include ETH and the USDC stablecoin after partnering with Ripple’s Metaco, catering to a sophisticated clientele comfortable with digital assets.

    More recently, in January 2025, BBVA’s Turkish subsidiary, Garanti BBVA Kripto, introduced crypto trading services to the public, further solidifying the bank’s global footprint in this space.

    The approval in Spain builds on these successes, adapting lessons learned from Switzerland and Turkey to meet the unique needs of the Spanish market.

    With each step, BBVA is demonstrating a strategic vision to integrate cryptocurrencies into its core offerings, aligning with shifting regulatory and consumer landscapes.

    Notably, the timing of BBVA’s Spanish rollout coincides with the full implementation of the European Union’s Markets in Crypto-Assets Regulation (MiCA), which took effect at the end of 2024. MiCA establishes a harmonized framework for crypto services across the EU, providing banks and firms with the legal clarity needed to operate confidently.

    Under this regulation, companies have until July 2026 to achieve full compliance during an 18-month transitional phase, giving BBVA ample time to refine its operations.

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  • Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading

    Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading

    Switzerland's 4th largest bank ZKB launches Bitcoin and Ethereum trading
    • Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking.
    • The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody.
    • The services are available only to Swiss residents with the necessary agreements signed.

    Zurich Cantonal Bank, Switzerland’s fourth-largest bank locally known as Zürcher Kantonalbank (ZKB), has taken a major step into the cryptocurrency realm with the launch of Bitcoin (BTC) and Ethereum (ETH) trading services.

    Announced on September 4, this development marks a significant milestone in the mainstream adoption of digital currencies by traditional financial institutions.

    ZKB has partnered with Crypto Finance AG and Fireblocks

    ZKB’s new offering allows retail clients to trade and store Bitcoin (BTC) and Ether (ETH) directly through its digital platforms: ZKB eBanking and ZKB Mobile Banking. This integration provides a seamless experience for customers, who can now manage their cryptocurrency holdings alongside their traditional investments without needing separate wallets.

    To ensure a secure and regulated environment for these transactions, ZKB has partnered with Crypto Finance AG, a subsidiary of Deutsche Börse Group.

    Crypto Finance AG’s technology, licensed by both FINMA and BaFin, will support the ZKB’s trading operations, ensuring compliance and security.

    ZKB has also developed its own crypto custody solution, with Fireblocks playing a key role in safeguarding digital assets.

    This strategic moves positions ZKB at the forefront of the cryptocurrency revolution, providing a centralized platform for trading and storage that eliminates the need for clients to manage their own private keys.

    According to Alexandra Scriba, ZKB’s head of institutional clients, the bank’s approach offers high levels of security and the potential for integrating other digital currencies and applications in the future.

    Currently, the crypto trading services are only available to clients residing in Switzerland and to activate an account, clients must sign agreements for trading, securities, and a “Consent Declaration Disclosure.”

    This cautious approach reflects ZKB’s commitment to maintaining robust security standards while expanding access to digital currencies.

    ZKB’s entry into the cryptocurrency market underscores a broader trend within the banking sector, where institutions are increasingly embracing digital assets. Competitors like PostFinance are also exploring crypto services, highlighting a growing acceptance of digital currencies in traditional finance, paving the way for more integrated and accessible cryptocurrency solutions.

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  • Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC

    Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC

    Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
    • Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring.
    • Genesis will return $3B to creditors, covering 77% of customer claims.
    • Digital Currency Group will not receive any payout from Genesis’s bankruptcy plan.

    Over the past three days, Genesis Trading has moved approximately 32,256 BTC, valued at around $2.12 billion, and 256,775 ETH, worth about $838 million, to various addresses.

    This substantial transfer of assets is seen as part of the company’s efforts to manage creditor repayments under its ongoing financial restructuring plan.

    Genesis Trading settlement plan has been approved

    The turmoil for Genesis began in November 2022 with the collapse of the FTX crypto exchange, which severely impacted the firm’s derivatives business.

    Genesis halted withdrawals and filed for Chapter 11 bankruptcy protection in January 2023 due to substantial losses linked to the FTX debacle and the failure of Three Arrows Capital.

    At that time, the company owed over $3.5 billion to its top creditors.

    Amidst this challenging backdrop, Genesis has recently reached a court-approved settlement plan, aimed at returning $3 billion to its customers. This plan will cover approximately 77% of the total value of customer claims.

    In the immediate aftermath of Genesis’s bankruptcy filing, claims were trading at only 35% of their value on claim trading platforms. However, current trading prices for claims are significantly higher, with claims over $10 million trading between 97-110% of their value and smaller claims trading between 74-94%.

    Digital Currency Group (DCG) to miss out on this settlement

    Digital Currency Group (DCG), the parent company of Genesis, will not benefit from this settlement. The court has ruled that there is insufficient value in Genesis’s estate to provide DCG any recovery as an equity holder.

    This decision was influenced by DCG’s failed attempt to cap customer claims at January 2023 cryptocurrency values, which would have allowed for full repayment to customers and potentially a recovery for DCG.

    Additionally, DCG had assumed $1.1 billion of Genesis’s debt from the Three Arrows Capital collapse, but this obligation did not cover the losses.



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  • Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading

    Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading

    Futu Securities launches Bitcoin and Ether trading
    • Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees.
    • New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia.
    • Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hurdles.

    Futu Securities International, Hong Kong’s largest online broker, has introduced retail cryptocurrency trading in the city, marking a significant advancement in its financial services.

    The brokerage firm, known for its extensive reach and innovative offerings, now allows residents to trade Bitcoin and Ethereum on its platform. This initiative comes after a partnership with HashKey Exchange, one of only two licensed cryptocurrency exchanges in Hong Kong.

    Bonuses and waived crypto trading fees

    The launch comes with enticing bonuses. New account holders who deposit HK$10,000 (approximately $1,280) for 60 days can receive either HK$600 worth of Bitcoin, a HK$400 supermarket voucher, or a share of Alibaba.

    Those who deposit HK$80,000 are eligible for HK$1,000 in Bitcoin or a share of Nvidia, whose stock has surged by about 130% this year.

    Additionally, Futu has waived commission fees for crypto trading starting August 1st, enhancing the appeal of their new service.

    Futu looking for a crypto exchange license

    Futu is also pursuing a cryptocurrency exchange license for its new platform, PantherTrade, which currently operates under a ‘deemed to be licensed’ status.

    PantherTrade is among 11 platforms in Hong Kong awaiting full approval from the Securities and Futures Commission (SFC).

    Hong Kong crypto industry challenges

    Despite these advancements, Hong Kong’s aspiration to become a global crypto hub faces hurdles. The city has experienced the exit of major global trading platforms and low trading volumes for crypto ETFs.

    Increased fraudulent activities, such as a recent scam involving counterfeit currency, have further complicated the situation.

    In response, Hong Kong authorities are enhancing their regulatory measures and law enforcement capabilities to address these issues and boost investor confidence.

    As Futu Securities deepens its presence in the cryptocurrency market, the success of its initiative will depend on balancing innovation with stringent oversight to ensure a secure trading environment.

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  • Honduras regulator bans institutions from trading crypto

    Honduras regulator bans institutions from trading crypto

    • Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that prohibits institutions from trading crypto.
    • The banking regulator reached the resolution on Monday and cites fraud and money laundering among reasons for the move, Reuters reported.

    Honduras’ National Banking and Securities Commission, or CNBS, has banned institutions under its regulatory purview from trading cryptocurrencies.

    The banking regulator announced the measure this week, Reuters reported on Friday.

    According to the report, the CNBS’ resolution came into effect immediately, with the Central American country citing use of virtual assets in fraud and money laundering as key risks and the reasons for the ban.

    In this case, no institution supervised by the regulator can hold, intermediate, trade or invest in crypto tokens or such other unauthorized digital assets.

    Crypto fraud and money laundering

    While noting that there are multiple crypto platforms offering services in the country, Honduras does not regulate these entities. With most domiciled in various parts of the world, the Honduran law does not control their operations, and that there’s the risk of such companies facilitating fraud, money laundering and terrorism financing.

    The regulatory watchdog reached the resolution to ban all institutions under its purview from crypto trading on Monday, February 12, Reuters noted. However, the move only became public on February 16.

    The move comes amid a general strengthening of crypto regulation across the globe, with governments working with international bodies such as FATF to help streamline laws for the sector.

    But notably, the Honduras Prospera zone – Próspera Zone for Employment and Economic Development (ZEDE) – officially recognized Bitcoin as a unit of account early this year. In July 2022, the group made of Blockchain Honduras, Coincaex crypto exchange and the Technological University of Honduras unveiled the “Bitcoin Valley ” in the Honduran municipality of Santa Lucia.

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  • Kaspa price surges 20%, Bitbot unveils revolutionary Telegram trading bot

    Kaspa price surges 20%, Bitbot unveils revolutionary Telegram trading bot

    • Kaspa (KAS) price surges 20%, eyeing a $3 target amid bullish momentum and fair launch.
    • Bitbot unveils the world’s first Telegram self-custodial trading bot, empowering users.
    • BITBOT token presale offers a strategic investment opportunity.

    In the dynamic world of cryptocurrency, Kaspa (KAS) and Bitbot are making waves with significant developments.

    Kaspa, after a recent surge of 20%, stands at the forefront of altcoins, while Bitbot introduces the world’s first Telegram self-custodial trading bot, revolutionizing the way users trade in 2024.

    Kaspa (KAS): riding the waves of price volatility

    The recent fluctuations in Kaspa’s price have caught the attention of crypto enthusiasts. After trading in a closed range for weeks, KAS displayed a jump of 20%, reaching $0.1249.

    KAS price chart

    KAS reached an all-time high (ATH) of $0.154 on Nov 20, 2023, while its all-time low was $0.0001699, recorded on Jun 01, 2022. At its current price, the token is 71982.3% higher from its lowest point and only a few cents away from its ATH.

    Analysts predict a potential surge to $3, citing the coin’s fair launch and the absence from major exchanges like Binance and Coinbase. As Kaspa tests its resistance level of $0.1242, the market awaits the outcome that could propel the coin to new heights.

    Bitbot: Telegram bot pioneering self-custodial trading

    Bitbot enters the scene as the world’s first Telegram self-custodial trading bot, offering users institutional-grade tools directly on the popular messaging platform.

    With a focus on empowering retail investors, Bitbot ensures full custody of assets while providing tools like automated sniping, limit orders, and copy trading, typically reserved for institutional traders.

    Integrating with self-custodial wallets and backed by KnightSafe security, Bitbot is poised to reshape how users engage in crypto trading.

    BITBOT token presale

    Bitbot’s presale, which kicked off a few weeks ago, unfolds as an intriguing investment opportunity. With a total supply of 1,000,000,000 tokens, the presale consists of 15 stages, each with varying token prices and allocations. Currently in Stage 3, the token’s price is $0.011, with the next stage set at $0.0116.

    The project has raised $459,291 out of the $630,000 target, highlighting growing interest. Investors can anticipate exclusive benefits like revenue sharing, presale access, and governance influence through the $BITBOT token.

    Are Kaspa and Bitbot good investments?

    Investors eyeing Kaspa and Bitbot might find compelling reasons for consideration. Kaspa’s fair launch and potential exchange listings could drive a significant surge, as demonstrated by its previous listing on Coinone.

    On the other hand, Bitbot’s unique features and self-custodial approach cater to both large and small-scale investors, promising a new era in crypto trading.

    As with any investment, thorough research and risk assessment are advised, considering the market dynamics and individual preferences.

    Conclusion

    The dynamic developments in the cryptocurrency space continue to captivate investors and enthusiasts alike. Kaspa’s surge and Bitbot’s innovative approach to trading underscore the ever-evolving nature of the industry.

    Whether you are eyeing Kaspa’s potential for significant gains or exploring the revolutionary features of Bitbot, the crypto landscape remains full of opportunities for those willing to navigate its twists and turns.

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