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$RECQ Investors Grow More Enthusiastic For Token Launch While Litecoin Surges And Toncoin Stabilizes Price

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TLDR

  • Rebel Satoshi’s ($RBLZ) presale of the $RECQ token to generate 400% returns for current investors. 
  • The Litecoin (LTC) price is predicted by experts to rise above $110. 
  • The Toncoin (TON) price is anticipated to correct further and drop below $4.75. 

 

The $RECQ token presale by Rebel Satoshi ($RBLZ) has filled its investors with enthusiasm. On the other hand, two of the best altcoins have fared very dissimilarly in recent market conditions. While Litecoin (LTC) has surged, the Toncoin (TON) token has continued to stabilize. Let’s understand which among $RECQ, LTC, and TON are the best cryptos to buy according to experts. 

 

Investors Rush To Catch The Profits of Rebel Satoshi’s $RECQ Presale

The revolutionary and innovative memecoin project, Rebel Satoshi, is built on the Ethereum network. Inspired by the ideals of Guy Fawkes and Satoshi Nakamoto, Rebel Satoshi aims to fight against market centralization. The rebellion started by Rebel Satoshi is led by its Recusant community members who are rising together peacefully. 

The keys to the Rebel Satoshi revolution are the $RBLZ and the $RECQ tokens. Investors can become a part of the Rebel Satoshi movement through the $RBLZ token. The $RECQ token is used for utility, earning rewards, and paying for gas on Rebel Satoshi. Rebel Satoshi generated 150% returns during the $RBLZ presale and raised over $2.5 million. 

Right now the $RECQ token presale is underway in the Early Bird Stage at $0.0020 per token. Due to immense demand, over 290 million $RECQ tokens have already been sold out. The $RECQ token presale will generate 400% returns for its investors by the end as it will surge to $0.0100 per token. As a result, the $RECQ token has become one of the best altcoins to buy right now. 

 

 

Litecoin Breaks $100 Barrier Again as The Market Shows Bullish Signs

The Litecoin (LTC) token briefly rose above the $100 mark as the market rallied in mid-March. The Litecoin (LTC) token was trading at $105.47 on March 12 before dropping along with the market. The Litecoin (LTC) price was corrected by nearly 26% to drop to $78.15 on March 20 as a result. 

Since then, the Litecoin (LTC) token has made a spectacular recovery to rise above $100 once again. On March 29, the Litecoin (LTC) token was trading at $103.26 with a surge of 32.1%. Amid the surge, Coinbase announced on March 21 that it will launch the first CFTC-regulated futures contract for Litecoin (LTC). The total number of Litecoin (LTC) holders grew past the 8 million mark on March 27. 

Hence, experts have predicted that the Litecoin (LTC) token will continue to rise and trade above $110. 

 

Toncoin Stabilizes After Rising To an All-Time High Amid Ecosystem Growth

The Toncoin (TON) token was one of the late bloomers in the recent market surge. However, as the market rose to a new high in mind-March, Toncoin (TON) rose to $4.47 on March 13. Soon after, the Toncoin (TON) entered into a correction with the market and dropped by 24.3% to $3.38 on March 17. 

Since then, the Toncoin (TON) token has broken the downtrend to rise by 65.6% to an all-time high of $5.60 on March 25. Since then, the Toncoin (TON) token has dipped by 11.2% to trade sideways at $4.97 on March 29. A major factor behind the Toncoin (TON) surge was its growing ecosystem. For instance, 21Shares listed an ETP for staking of Toncoin (TON) on March 27. 

However, experts are bearish on the Toncoin (TON) token and predict a further correction. They predict that the Toncoin (TON) token will drop below $4.75 going forward. 

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



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Press Release

South African Regulator Grants Approval to 59 Crypto Platforms

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South African financial regulator, the Financial Sector Conduct Authority (FSCA), has granted approval to 59 license applications from crypto platforms seeking to offer services to residents. 

During a financial conference, Felicity Mabaso, the FSCA divisional executive, revealed that the regulator received a total of 355 license applications, with 262 still pending.

In response to this influx, the FSCA set a deadline of November 30 for exchanges and cryptocurrency platforms to submit license applications or face enforcement measures. 

FSCA Commissioner Unathi Kamlana explained that the application processing is ongoing and being carried out gradually due to the high number of applications.

FSCA Uses South Africa’s Existing Regulations 

The FSCA has chosen to utilize South Africa’s existing Financial Advisory and Intermediary Services Act (FAIS) to regulate the crypto sector. 

According to Commissioner Kamlana, the FAIS provides a robust framework that covers crucial aspects of the crypto business, including user protections and enforcement actions when necessary. 

However, Kamlana acknowledges the possibility of future adjustments.

See Also: Hong Kong Approved Spot Bitcoin And Ethereum ETFs

“As we license and supervise, we will discover that perhaps there are gaps that cannot be closed by the existing regulatory framework, the FAIS Act. And we might need to build on that as we discover what those are.”

While specific details about the approved companies have not been disclosed, it is expected that the licensed entities include crypto exchanges and firms offering custody services. 

Regulatory oversight will also extend to crypto brokerage firms and payment processors involved in cryptocurrency transactions.

South Africa Considers Creating New Regulatory Framework

South Africa has been actively considering the creation of a new regulatory framework for the crypto industry since 2021. 

In 2021, the FSCA published a paper highlighting that crypto assets will be brought into the South African regulatory purview in a “phased and structured manner.”

Although the framework was initially expected to be completed by the end of 2022, the South African Reserve Bank (SARB) has already declared cryptocurrencies as financial assets rather than currencies. 

The FSCA aligns with this classification, stating that digital assets should be treated as financial products.

South Africa’s approach towards cryptocurrencies has become more proactive as adoption gradually increases. 

A survey conducted in 2017 revealed that 47% of South Africans had either invested in cryptocurrencies or expressed an interest in doing so. 

Additionally, Bitcoin wallet downloads in the country experienced a 100% increase in the same year. In 2020, crypto exchange Luno reported that South Africa had the third-highest level of crypto ownership worldwide, reaching 13%.

Meanwhile, as crypto adoption continues to rise, South African companies are actively embracing cryptocurrencies. 

Stitch, a South African payments infrastructure firm, introduced “Pay with Crypto” last year, enabling customers to use cryptocurrencies for purchases. 

Paycorp, another company, developed the CryptoExpress app, allowing individuals to withdraw crypto in South African Rands at over 3,000 ATMs.

Last week, cryptocurrency exchange Luno became one of the first firms to receive a license from the FSCA in South Africa, allowing the exchange to operate as a financial services provider in the country.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN





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Press Release

Doctor Doge (DRDOGE) Rally Over 8,000% Within 48 Hours

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  • Doctor Doge (DRDOGE), a newly launched Solana meme coin, is set to go viral and rally over 8,000%, challenging other popular dog-themed coins, like Shiba Inu (SHIB) and Dogecoin (DOGE).

It’s not surprising that many investors who bought SHIB and DOGE early are also investing into DRDOGE in the first hours and days of it being launched.

People who invested into Shiba Inu (SHIB) and Dogecoin (DOGE) while these coins had small market caps were able to turn hundreds of dollars into millions.

Doctor Doge (DRDOGE), a newly launched Solana meme coin, is set to go viral and challenge other popular dog-themed coins, like Shiba Inu (SHIB) and Dogecoin (DOGE).

DRDOGE was launched this morning, and the meme coin is inspired by Dogecoin – one of the largest meme coins, with its market cap currently being $23.5 billion.

See Also: Solana Releases Update To Alleviate The Ongoing Network Congestion

Due to the fact that Doctor Doge only began trading on decentralized Solana exchanges like Raydium and Jupiter around an hour ago, it has a market cap of just around $16,000.

This means that DRDOGE (contract address: 8uckaPYZWDs57Lm5eeEVnx4FGJDLhXuvrmryzKj7yUvv) has the potential to turn early investors into millionaires if its market cap eventually exceeds the $100 million mark.

In the short term, DRDOGE is set to rally over 8,000% in the next 48 hours, before then targeting further gains.

Additionally, numerous listings on centralized exchanges are planned for Doctor Doge later in April, and these listings could easily propel the memecoin’s market cap to above $20 million.

So it’s not surprising that many investors who bought SHIB and DOGE early are also investing into DRDOGE in the first hours and days of it being launched.

It will be exciting to watch how quickly Doctor Doge’s price will surge in the coming days and weeks, and to see if it can become a mainstream memecoin.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN



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Press Release

Whales Are Buying Ethereum Like Crazy Amid ETH Price Drop

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  • Amid notable drop in Ethereum’s price, prominent market whales are actively buying Ethereum like crazy.

In the midst of heightened global tensions, the cryptocurrency market witnessed a significant downturn, with the TOTAL index plummeting by a staggering 17% over the weekend, marking a loss of nearly $430 billion in market capitalization. 

While this turbulence affected all digital assets, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, took a notable hit, experiencing an 18.43% decline, reaching a low of $2,852 per Ethereum.

Bitcoin and Ethereum ETFs Officially Approved In Hong Kong

However, amid the market chaos, a fascinating trend emerged – prominent players in the crypto sphere, often referred to as “whales,” showed unwavering confidence in Ethereum’s potential. Notably, large addresses were observed accumulating substantial amounts of ETH during the price drop. 

See Also: Crypto Whales Sold Holdings Before the Market Crash

Whale Activities

One such whale, identified as “0xE34,” seized the opportunity to accumulate 1,000 ETH, worth approximately $3.15 million, from Binance at the market’s lowest point. 

This particular address went on to accumulate an impressive 8,300 ETH, valued at around $25.12 million.

Furthermore, another significant player, a wallet associated with Matrixport, made a decisive move by withdrawing 16,300 ETH, amounting to a staggering $51.1 million, from Binance amid the market turmoil. 

This wallet has been consistently withdrawing ETH from exchanges since March 29, accumulating a total of 67,286 ETH, valued at approximately $228.33 million, at an average price of $3,393.

Matrixport, a prominent player in the crypto financial services sector, has been actively involved in facilitating digital asset management and trading for institutional and retail investors globally.

These substantial purchases of Ethereum during a period of market instability highlight the confidence of several major players in the potential of the leading altcoin. 

Despite geopolitical uncertainties and market volatility, Ethereum continues to maintain bullish sentiment among key holders.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

#Binance #WRITE2EARN





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