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Showing posts from May, 2024

MoonBag Meme Coins Fires Past Dogeverse and Hedera with 15,000% ROI Projection, Enters Stage 4 at $0.00015 

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Imagine a world where financial opportunities abound, and the potential for astronomical returns is just a click away. Interestingly, this is the case with digital currency investment. Among the myriad digital assets available, some shine brighter, driven by innovation and strategic foresight.  As investors seek the perfect blend of novelty and stability, how do emerging stars like Dogeverse and Hedera measure up? Furthermore, how do they compare to the newest and most trendy meme coin making waves and turning heads: the MoonBag (MBAG) coin ? Dogeverse: Community-Driven Meme Gladiator Dogeverse has carved out a niche with strong community engagement and impressive gains. Its success is largely driven by a passionate user base and active participation on social media platforms. However, unlike MoonBag, Dogeverse does not offer the same early-bird advantages as its presale phase has already concluded. While Dogeverse excels in community-driven projects, its utility remains ...

Uniswap delays protocol upgrade vote; UNI price falls 9%

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The Uniswap Foundation announced a delay to an upgrade vote on the protocol’s fee mechanism. UNI price reacted lower, declining 9% to hit lows of $10.17. The Uniswap Foundation has postponed the governance vote on a proposal aimed at activating a new fee mechanism for the protocol. This proposal would have initiated a fee switch for Uniswap, providing for rewards to UNI token holders who stake and delegate their tokens. As the market reacted to the news, the price of UNI fell by nearly 9% to touch lows of $10.17 across major exchanges. Uniswap postpones key upgrade vote Uniswap announced the fee switch proposal last week, with an on-chain deployment and vote set for today, Friday. However, this will now not go ahead as planned as per a new update. In an update today, the Uniswap Foundation stated that the delay relates to an issue a stakeholder raised following the proposal. This has necessitated “additional diligence” on the part of the...

Brace for a sell-off: Ripple to unlock 1 billion XRP in June

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Ripple, the company behind the XRP Ledger (XRP) development, will unlock 1 billion tokens on June 1, worth $520 million. This is part of Ripple’s monthly sell-offs, which could negatively impact the XRP price in the following weeks. Historically, Ripple has been unlocking 1 billion tokens through escrows, finalized on the first day of every month since 2017. Until April, the company has been using ‘Ripple (22)’ and ‘Ripple (23),’ according to XRPScan, to manage the escrows. However, these accounts no longer hold active unlocking contracts, and May has already used two different addresses, as Finbold reported. The wallets ‘Ripple (24)‘ and ‘Ripple (25)‘ currently hold the 1 billion XRP monthly unlock escrows until January 2025. Picks for you Biden vs. Trump: Which President put the U.S. in more debt? 1 hour ago...

NFTs Are Retesting Positive Trend Again – NFT Sales Jump 20% Today

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The non-fungible token market has recorded some positive gains today, defying its recent bear market trend that has lasted for a couple of weeks. This is the first time for the global non-fungible token market to record positive gains since the beginning of this month. Could NFTs be preparing for another market rally? NFT Sales Jump 20% Today Data compiled by cryptoslam.io, an on-chain crypto market aggregator and a multi-chain non-fungible token explorer, indicates that the non-fungible token market has recorded positive gains today. In the past 24 hours, the global NFT market has recorded a sales volume of $19 million, representing a 20% rise from the previous day. On the other hand, the number of investors buying non-fungible token collections has increased by 19% today. In the past 24 hours, the global NFT market has seen more than 80,000 collectors buying NFTs, pushing the number of NFT transactions to nearly 250,000. Bitcoin, the blockchain network powering the flags...

Jack Dorsey-backed Bitcoin mining pool OCEAN opens global hub in El Salvador

OCEAN Mining has announced the establishment of a global hub in El Salvador. The Bitcoin mining pool is backed by Jack Dorsey. OCEAN Mining, a Bitcoin mining pool backed by Jack Dorsey, the founder of payments firm Block (formerly Square), has established its headquarters in El Salvador . OCEAN opens international hub in El Salvador In a press release published on May 29, OCEAN said its new global hub would be based in San Salvador, the capital city of El Salvador. The Bitcoin mining pool will use this hub to advance its global presence and promote decentralization in BTC mining. OCEAN’s President Mark Artymko commented on the development: “To further our decentralization efforts we needed a global presence, and El Salvador was the obvious choice. With places like Venezuela and the EU imposing legislation to ban Bitcoin mining, El Salvador’s political stance was in stark contrast and a beacon of hope for the industry.” El Salvado...

Ethereum: BlackRock Filing Hints at Spot ETH ETF Launch in July

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BlackRock, the world’s largest asset manager with nearly $10 trillion worth of assets under management, recently updated its S1 filing with the US SEC (Securities and Exchange Commission). The move highlights positive developments towards a spot Ethereum (ETH) ETF launch. According to the updated document, BlackRock will not participate in staking activities. The document states, “ Foregoing potential returns from Staking Activities could cause an investment in the Shares to deviate from that which would have been obtained by purchasing and holding ether directly by virtue of giving up staking as a source of return when an investor holds the Shares. “ Also Read: SEC Approves All Spot Ethereum ETFs BlackRock’s latest S1 filing update mirrors that of VanEck’s. VanEck and its affiliated parties will also not participate in Ethereum’s staking activities. Will an Ethereum ETF launch in July? According to Bloomberg ETF expert James Seyffa...

Austin Hilton Gives an Update on Learn-to-Earn Crypto Presale – Next Big Thing in Crypto?

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The approval of the Ethereum ETF has sparked interest in cryptocurrencies, leading investors to consider ERC-20 tokens like the $99BTC for potential growth. The presale for $99BTC has already raised over $1.7 million, and some early supporters think its price could increase 10x or more once it hits the open market. With its unique “Learn-to-Earn” model and plans to connect to the new BRC-20 standard, many believe the 99Bitcoins Token (99BTC) could transform the crypto education space. 99Bitcoins token presale reaches $1.7 million The 99Bitcoins token (99BTC) presale is thriving, having already raised over $1.7 million. This strong demand underscores the growing excitement for 99Bitcoins’ Learn-to-Earn platform. The $99BTC presale price is set to increase in just five days, currently available at $0.00107. After the presale, the developers plan to list the token on decentralized exchanges to provide initial liquidity, with a major goal of securing listings on top ...

Christiano Ronaldo partners up with Binance to introduce a new NFT collection

Cristiano Ronaldo and Binance have announced a new non-fungible token (NFT) collaboration called “ Forever Worldwide: The Road to Saudi Arabia ,” according to the latest information shared with Finbold on May 29. The new collection traces Ronaldo’s journey from Madeira to global football fame, offering fans unique experiences and real-life rewards. The new Ronaldo NFT collection The NFT collection highlights pivotal locations in Ronaldo’s life and career, including Madeira, Lisbon, Manchester, Madrid, Turin, Saudi Arabia, and Portugal. Picks for you AI revises Bitcoin price prediction for end of 2024 51 seconds ago How rich is Arizona's independent senator: Kyrsten Sinema's net worth revealed 1 h...

Best Meme Coins To Invest In Today Tuesday, May 28 – ZekeCoin, Solama, Sealana, ApeBond

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The announcement of the Ether ETF endorsement has resulted in a frenzy in the crypto market. This buildup has seeped into the meme coin market, boosting demand for meme-based coins. Investors anticipate that Ethereum-based meme coins will experience a significant upsurge. In line with this positive outlook, the market’s total market cap has surpassed $60 billion. Trading volumes paint an even more impressive picture, with meme coin transaction activity exceeding $9.4 billion in the last 24 hours alone. This marks a notable 40% surge in volume compared to the previous day. Best Meme Coins To Invest In Today Today’s examination of the top meme coins to monitor includes ZekeCoin, ApeBond, and Solama. We also analyze a presale token, Sealana, which is currently making waves amidst the Ether ETF approval . We will delve into recent developments, market trends, and other factors contributing to the upward trajectory of these meme tokens. Zeek has entered into a strategic part...

Banking business? Starbucks holds over $1.8 billion in customer deposits

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Starbucks (NASDAQ: SBUX) is one of the leading coffee brands in the world, with over 38,000 coffeehouses in 86 countries. However, Starbucks has also built an indirect position in the banking business , currently holding $1.872 billion in customer deposit s. This data is from the company’s earnings report for 2024’s second quarter (Q2), under the “stored value card liability” results. Earning reports; Liabilities and Shareholders’equity/(deficit). Source: Starbucks Essentially, when a customer buys a Starbucks Card, the unredeemed amount represents stored value, similar to a bank deposit. The business is responsible for providing future value on redemption, which means that stored value represents a liability on financial reports. Picks for you Nexo teams up with The Tie to introduce advanced real-time ma...

Bitcoin Price Aims Higher: Bullish Trend Signals New Peaks Ahead

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Bitcoin price climbed higher above the $70,000 level. BTC is now holding gains above support and might aim for another increase in the near term. Bitcoin extended its increase above the $70,000 zone. The price is trading above $69,000 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $69,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase unless there is a move below the $68,500 support. Bitcoin Price Holds Support Bitcoin price started another increase from the $68,000 support zone. BTC cleared the $69,000 resistance to move further into a positive zone. There was a break above a key bearish trend line with resistance at $69,000 on the hourly chart of the BTC/USD pair. The pair even climbed above the $70,000 resistance zone. A high was formed at $70,600 and the price recently corrected lower. There was a move below the $70,000 level. The price d...