Day: December 11, 2023

Attention Investors in Polygon and TRON: New Cryptocurrency Emerging as a Potential Game-Changer

TLDR

Polygon (MATIC) is predicted to drop below $0.78 despite Amazon partnership. 

TRON (TRX) lags in the market as experts predict its price to fall below $0.08. 

Rebel Satoshi’s ($RBLZ) presale gathers steam with 150% profits guaranteed for investors. 

Investors of top altcoins such as Polygon (MATIC) and TRON (TRX) have been warned by crypto experts regarding a new cryptocurrency. That new token is the meme coin project, Rebel Satoshi ($RBLZ) conducting its public presale. Let’s dig deep to understand what makes $RBLZ the best crypto to buy ahead of MATIC and TRX. 

Polygon Consolidates Post Dip Amid Partnership With Amazon

As the market started surging in early November, the Polygon token, MATIC, also rallied. Due to the market condition, MATIC surged to a high of 0.95 by November 14. However, this rally in the price of Polygon, was short-lived and it has retraced since then. 

By December 5, MATIC had dipped 14.7% to consolidate around $0.81. Amid the dip in the MATIC token price, Polygon has made a slew of announcements surrounding its ecosystem. 

For instance, the Polygon network conducted its zkEVM Mainnet Beta Upgrade on November 23. Amazon Managed Blockchain (AMB) Access added support for Polygon PoS starting from November 28.  

As these developments have failed to push the MATIC price higher, experts are bearish on it. They predict the MATIC price to drop below $0.78 in the coming months. 

TRON Retraces as Its Network Approaches a New Milestone

The TRON (TRX) token has been one of the best altcoins in terms of performance during the bear market in the past year. However, with the markets turning green, TRON has not had a favorable price action. 

TRX rose to a high of $0.11 on November 13 before entering into a correction. By December 5, the TRON token, TRX, had dipped by 9% to reach $0.10. Despite the negative price action for the TRX token, the TRON ecosystem is on its way to achieving new milestones. 

The TRON network exceeded 199 million active addresses on December 2. As TRON approaches the 200 million mark, the total transactions on TRON will also cross the $10 trillion mark. 

However, experts are still bearish on the TRX token and expect it to dip further. They predict that the TRX token will fall below $0.08 in the coming months. 

Rebel Satoshi’s Presale Ushers in a Storm With 150% Profitability

When it comes to mobilizing the community to rise against the established norms, there has been no other project like Rebel Satoshi. The newly launched Rebel Satoshi is a meme coin project that wishes to challenge the growing centralization in the crypto industry. Through its Recusant members, Rebel Satoshi will bring about a revolution envisioned by Satoshi Nakamoto and Guy Fawkes. 

The backbone of the Rebel Satoshi rebellion is the $RBLZ token which adheres to the ERC-20 standard. Rebel Satoshi aims to achieve a market cap of $100 million through its expansive ecosystem. One of the prominent features of the Rebel Satoshi ecosystem is the Rebels Artefact Vault with 9,999 unique NFTs. 

The $RBLZ tokens public presale began with the Early Bird Round at $0.010 per token. After it got sold out, $RBLZ presale entered Rebels Round 1 presale. During this round the $RBLZ token witnessed a surge of 30% in the $RBLZ price taking it to $0.013. When the presale concludes, the $RBLZ token will rise to $0.025 which would mark a 150% ROI for early $RBLZ investors. 

Due to its immense profitability and utility, investors are flocking toward Rebel Satoshi and the $RBLZ token. Experts believe that $RBLZ could become one of the best altcoins to buy. 

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

The post Attention Investors in Polygon and TRON: New Cryptocurrency Emerging as a Potential Game-Changer appeared first on CoinJournal.

Will Bitcoin (BTC) to $50K Come Sooner or Later? Interest in Hedera (HBAR) & InQubeta (QUBE) Surges

The cryptocurrency rollercoaster continues, and Bitcoin (BTC), the best crypto to invest in now, has breached the $43K mark, having experienced a 15.46% rise in the first seven days of December. The burning question on everyone’s mind is whether BTC will surge to $50K before the year ends. 

This article delves into the factors influencing this rally and explores the buzz around Hedera (HBAR) and the rising star, InQubeta (QUBE).

Bitcoin’s Rally: FOMO or Sustainable Growth?

Bitcoin (BTC) has been on a roll, rising 15.46% in the first seven days of December and flirting with the $44,000 mark, according to CoinMarketCap’s data. The recent surge has triggered a buzz in the crypto space, with questions swirling about the possibility of this top ten cryptocurrency hitting $50K before the year concludes.

The best cryptocurrency experts suggest that panic-buying might be a key driver behind Bitcoin’s continuous ascent. FOMO (Fear of Missing Out) and FUD (Fear, Uncertainty, and Doubt) might be pushing investors to scoop up more BTC, anticipating further price increases. However, caution is advised, especially in the volatile world of cryptocurrencies.

Matrixport’s report hints at panic buying, with traders closing out shorts or increasing leveraged longs. While this might contribute to short-term price spikes, it’s not a sustainable strategy for long-term investors. The crypto market’s history is dotted with temporary price hikes caused by such tactics.

As the leader of the top crypto coins eyes the $50K mark, keep in mind the risks associated with panic buying. This is not investment advice but a reminder to “Do Your Own Research” (DYOR) before making any investment decisions in the current BTC landscape.

The Hedera (HBAR) Factor: Speed, Affordability, and Strategic Focus

On the other hand, Hedera (HBAR) enters the spotlight as a distributed public ledger leveraging the Hashgraph consensus mechanism. With remarkable speed (3.43 seconds for finality) and an average transaction cost of $0.0001, the platform distinguishes itself as one of the fastest and most cost-effective blockchains.

Unlike many layer-1 blockchains, Hedera strategically focuses on servicing institutions and companies, particularly those keen on stablecoin applications and micropayment solutions.

Recent partnerships, like Empowa Pay using Hedera to record transactions in African markets, showcase the platform’s potential growth. Surpassing 33 billion network transactions further emphasizes Hedera’s role as a formidable player in the evolving crypto landscape.  These developments have led to a surge in interest in Hebera’s native token HBAR, making it a good crypto to buy now. 

InQubeta (QUBE): The Rising Star

The last point of discussion in this article is InQubeta (QUBE), a revolutionary cryptocurrency for beginners poised to hit the market with a unique proposition. InQubeta addresses the funding challenges faced by startups by providing a crowdfunding platform where investors can easily participate.

The project introduces the most popular NFTs representing fractional investments in AI tech startups, offering a fresh take on utility in the crypto world. Currently in its sixth presale stage, InQubeta (QUBE) has raised an impressive $6.5 million. At 0.01925 USDT, you get one QUBE token, making it an attractive option for early investors.

As InQubeta approaches the end of its presale, the clock is ticking for investors looking to purchase the cryptocurrency at the best prices. The platform’s innovative use of NFTs, investment opportunities, and a staking mechanism have garnered significant attention, paving the way for potentially high returns on investment.

InQubeta’s innovative approach, combining NFTs, investment opportunities, and a staking mechanism, has garnered significant attention. With over 610 million QUBE tokens sold, the presale’s success reflects growing recognition of the project’s potential.

Conclusion

Bitcoin’s potential to reach $50K is attracting more investors, but its ascent may be caused by panic-buying. This makes it a volatile asset that’s not ideal for long-term investing. As the community keeps tabs on BTC’s performance, it also looks with interest at two projects: Hedera and InQubeta. InQubeta (QUBE), in particular, is gaining traction as it offers investors a chance to be part of something groundbreaking. To learn more about this project, join their community on X (formerly Twitter) or visit their website.

Visit InQubeta Presale 

Join The InQubeta Communities

The post Will Bitcoin (BTC) to $50K Come Sooner or Later? Interest in Hedera (HBAR) & InQubeta (QUBE) Surges appeared first on CoinJournal.

Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark

In the world of cryptocurrency, the winds of change are blowing, and they’re bringing in some exciting developments. The much-anticipated spot Bitcoin ETF is on the horizon, simplifying Bitcoin investments for the everyday investor. Meanwhile, BorroeFinance ($ROE), a rising star in the crypto universe, is edging closer to a monumental $2 million in its presale. Let’s unpack these stories and see why they are reshaping the landscape as the best crypto investment.

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The Game-Changing Spot Bitcoin ETF

The buzz around the first spot Bitcoin exchange-traded fund (ETF) in the U.S. market is real and for good reason. This investment product is not just a boon for Bitcoin; it’s a potential game-changer for the entire crypto industry. The beauty of a spot Bitcoin ETF lies in its simplicity and accessibility. It dismantles the barriers that have kept many potential investors at bay.

You don’t need to be a tech whiz to dive into the Bitcoin pool anymore. Forget about the hassle of dealing with cryptocurrency exchanges or the headache of setting up and securing a blockchain wallet. And let’s not even get started on the labyrinth that is crypto taxes. The spot Bitcoin ETF is about to make all these issues a thing of the past.

But that’s not all. This ETF comes with the backing and blessing of the big guns – government regulators like the SEC and heavyweight investors on Wall Street. This level of endorsement is set to strip away much of the skepticism surrounding the crypto industry. Each of these ETFs will be under the microscope – audited, monitored, and transparent. In short, it’s a safer and more reliable avenue into Bitcoin, without the fear of some crypto catastrophe wiping out your investment.

BorroeFinance: The New Crypto Darling

On another front, BorroeFinance ($ROE) is making waves as it inches closer to the $2 million mark in its presale. This is not just another run-of-the-mill crypto launch; Borroe Finance is carving out its niche in the DeFi and NFT spaces with an innovative blend of AI and blockchain technology. It’s more than just a digital currency; it’s a forward-thinking project that’s redefining financial solutions for the digital age.

This approach has not gone unnoticed. The crypto community is buzzing, and the presale numbers are proof of the growing interest. BorroeFinance isn’t just a top crypto to buy; it’s a glimpse into the future of decentralized finance. For those scouring the market for a top altcoin to buy, Borroe Finance is a name that demands attention.

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Why Borroe Finance Stands Out

In a sea of altcoins, what makes Borroe Finance stand out? It’s not just the technology; it’s the practical, scalable solutions it offers. The project’s ability to attract significant interest, especially in its presale phase, underscores its potential as a top crypto coin. The innovative approach to monetizing future earnings through NFTs and its AI-driven platform make it more than just another digital currency. It represents a forward-thinking investment in the rapidly evolving world of crypto.

As Borroe Finance approaches stage 4 of its presale, now is the perfect time for investors to consider jumping on board. With over $1.8 million already raised and nearing the $2 million mark, the excitement is palpable. This presale is not just about raising funds; it’s about being part of a revolutionary project in the DeFi and NFT spaces. For investors looking for a promising venture, Borroe Finance presents a compelling opportunity.

Conclusion: A Time of Opportunities

In conclusion, the crypto market is buzzing with opportunities. The upcoming spot Bitcoin ETF is set to simplify Bitcoin investments, making it more accessible to a broader audience. At the same time, Borroe Finance’s innovative approach and successful presale are redefining what it means to be a top altcoin. 

Learn more about BorroeFinance ($ROE) here:

Visit BorroeFinance PresaleJoin The Telegram GroupFollow BorroeFinance on Twitter

The post Spot ETF Makes Bitcoin Entry Easier; Borroe Finance Presale Approaches $2M Mark appeared first on CoinJournal.

The global metaverse gaming market set to surge 1085.92% by 2030

Metaverse gaming market is poised to surge from $14.2B in 2023 to $168.4.21B in 2030.
Driven by AR, VR, and blockchain, this technological revolution is reshaping the gaming experience.
The projected growth unleashes economic opportunities, with virtual assets, currencies, and services gaining real-world value.

The metaverse gaming market denotes a virtual space where players engage in real-time interactions, bridging the gap between physical and digital realms. Fueled by technological advancements such as augmented reality and blockchain, the metaverse in gaming has already transformed the landscape of interactive digital experiences. 

According to CoinJournal.net, the global metaverse gaming market is set to experience a significant change, with projections indicating a substantial leap from $14.2 billion in 2023 to a staggering $168.4 billion by 2030.

This astronomical growth represents a surge of 1085.92%, ushering in a new era for the digital gaming landscape.

Several factors contribute to the remarkable growth anticipated in the metaverse gaming market. First and foremost is the rapid advancement of technology, including augmented reality (AR) and virtual reality (VR). These technologies are creating immersive gaming experiences that go beyond traditional boundaries, enticing players into expansive virtual worlds.

The shift in consumer behavior is another significant driver of the metaverse’s expansion. Gamers are increasingly seeking more than just isolated gaming experiences; they crave interconnected universes where they can socialize, create, and explore. The metaverse offers an answer to these demands, providing a holistic environment where players can engage with a multitude of activities beyond gaming.

Apart from changing the gaming landscape, the metaverse is also presenting lucrative economic opportunities. Virtual economies within these digital realms allow for the creation and exchange of virtual assets, introducing new avenues for revenue generation. From virtual real estate to in-game currencies, the metaverse is becoming a thriving marketplace where users can buy, sell, and trade digital goods.

Max Coupland, the director of CoinJournal says: “This projected expansion of the global metaverse gaming market serves as a testament to the dynamic evolution of the gaming industry. As technology advances and consumer expectations undergo transformative shifts, the metaverse is poised to seamlessly integrate into the gaming experience. Developers, investors, and gamers should closely monitor this trend, recognizing its vast potential to shape the future of interactive entertainment. The metaverse is not merely a conceptual frontier; it is a rapidly unfolding reality that is redefining how we play, connect, and explore in the digital age.”

The post The global metaverse gaming market set to surge 1085.92% by 2030 appeared first on CoinJournal.

Justin Sun’s HTX crypto exchange sees $258M outflow post-hack

HTX experiences outflow post-hack.
The outflow occurred between November 25 and December 10.
HTX clients are disquieted after the November security incident.

The HTX exchange, formerly known as Huobi and affiliated with Chinese crypto mogul Justin Sun, has seen a massive $258 million net outflow since resuming operations after falling victim to a significant hack in November.

Data from DefiLlama reveals that this outflow occurred between November 25 and December 10, indicating that the security incident unsettled some clients.

HTX lost $30 million worth of crypto tokens during the breach and temporarily suspended withdrawals and deposits. Despite assurances of investigations and full compensation for hot wallet losses, concerns linger as the community closely monitors the aftermath of the hack.

Justin Sun’s association and hacks raise alarms

Justin Sun, linked to HTX, also has ties to Poloniex and Heco Bridge, both of which suffered hacks in November, resulting in approximately $200 million in crypto theft with $86 million being drained from the Heco Bridge alone. This series of security breaches intensifies suspicions within the cryptocurrency community regarding an exit scam.

The TRX token, a significant asset at HTX launched by Sun, is under scrutiny due to fraud allegations. The Securities and Exchange Commission (SEC) accused Sun and his firms of market manipulation earlier this year, adding another layer of complexity to the situation.

Digital asset investors are on high alert as HTX, with an average daily trading volume of $1.6 billion, navigates the aftermath of the hacks. The composition of HTX’s reserves, dominated by Bitcoin and TRX, raises questions about the security and integrity of these platforms.

Security firm BlockSec reports that while HTX recovered $8 million stolen in September, the hackers still control the $30 million taken in the recent breach despite a 5% bounty offered by the exchange. The cryptocurrency community remains vigilant as developments unfold, emphasizing the need for robust security measures and transparency in the ever-evolving landscape of digital assets.

The post Justin Sun’s HTX crypto exchange sees $258M outflow post-hack appeared first on CoinJournal.

Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval

Starting January 29, 2024, Google will allow US-based crypto trusts to advertise on its platform.
Advertisers looking to promote crypto trusts must, however, undergo Google certification.
Google’s policy update aligns with a broader industry trend and Bitcoin’s 74% surge in the past 90 days.

In a strategic move, Google has revised its cryptocurrency-related advertising policy to permit ads for US-based crypto trusts, aligning with predictions of the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States.

This update, effective January 29, 2024, comes at a time of heightened anticipation in the crypto space, as industry analysts speculate a 90% chance of a US spot Bitcoin ETF approval by January 10, 2024.

Google allows Ads for US crypto trusts

The update explicitly mentions “advertisers offering Cryptocurrency Coin Trust targeting the United States.” Advertisers interested in promoting crypto trusts must undergo Google certification, ensuring they possess the necessary licenses from relevant local authorities. The policy emphasizes global application, requiring adherence to local laws in the targeted regions.

This policy adjustment by Google coincides with increasing expectations of the approval of spot Bitcoin ETFs in the United States. Bloomberg’s ETF analysts project a 90% likelihood of approval by January 10, 2024.

Notably, there are currently 13 Bitcoin ETF applicants, including major players like BlackRock, Grayscale, and Fidelity. These firms have reportedly engaged with the US Securities and Exchange Commission to discuss crucial technical details related to their ETF proposals. The crypto market has responded positively, with Bitcoin experiencing a significant 74% surge in the past 90 days.

The crypto market is anticipated to add $1 trillion if the SEC approves the Bitcoin ETF applications.

Certification requirements for Crypto Trust Ads on Google

Google’s certification process for potential crypto trust advertisers underscores the importance of compliance with local laws.

Advertisers must obtain the necessary licenses from local authorities, and their products, landing pages, and ads must align with the legal requirements of the respective countries or regions. This meticulous certification process aims to ensure responsible advertising practices within the rapidly evolving and dynamic cryptocurrency landscape.

The post Google eases Crypto Trust Ads Policy ahead of potential Bitcoin ETF approval appeared first on CoinJournal.


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