CoinDCX is one of the most flexible and biggest crypto trading platforms in India. KoinBX and WazriX makes it ideal for beginners and intermediate users. One of the fastest-growing industries in the financial sector is the crypto industry which has escalated exponentially in the last decade. Significantly, the crypto buzz across India is gradually increasing every year. Crypto trading has become popular in India despite its regulatory issues and other challenges. It is clearly known that the majority of people were interested only in traditional forms of investment but it has changed recently. The country is witnessing a big transition to digital currencies, with people abandoning their traditional method of maintaining crypto assets for the sake of comfort and safety. In recent years, investors have opened their arms to explore the digital era. Consequently, this pushes the crypto industry to evolve as a lucrative investment vehicle and the adoption rate is rapidly growing. The acceptance of crypto has led to an upsurge in the number of crypto exchanges operating in the sector. Usage of the crypto exchange is simple. It allows users to buy, sell, and trade cryptocurrencies. Though this sector is not regulated completely, the immense rise of crypto exchanges is astounding. Moreover, it is crucial for traders and investors of crypto to figure out a reliable and trustworthy exchange for their trading activity. In real terms, the Indian crypto market is still in its formative years of development, thereby it counts to be on the active watch for scams and to avoid falling victim to fraud. Let’s have a look at the most prominent and well-parsed list of reliable crypto exchanges in India, in this article. Our Top 3 Picks 1. CoinDCX CoinDCX is one of the most flexible and biggest crypto trading platforms in India. The overall significant feature of this platform is its safety experience and availability of an extensive selection of crypto’s. Furthermore, the range of trading services, like spot, margin, futures, and fiat-to-crypto swaps, produces an inviting space for all kinds of traders. The account verification process has also been made to be effortless and hassle-free. Consequently, the trading fee of the platform is 0 to 0.50% and the minimum investment is ₹100. 2. KoinBX KoinBX emerges as the most reliable and leading crypto trading platform and preferable exchange among millennials for its simple and user-friendly interface. It is a fully regulated crypto exchange with its trademark registered in European countries. With users from 50+ major countries around the globe, KoinBX offers a diversified range of cryptocurrencies, spot trading, and welcome rewards to attract Gen-Z investors. Besides, the platform runs referral programs where users can enjoy commissions referring to friends on every trade. KoinBX allows users to buy cryptocurrencies directly with INR enabling maximum withdrawal of INR up to 1 Lakh, charging the lowest fee of about 0.2% per transaction and the minimum investment is from 100 INR. There has been a noticeable change in the ranking of CoinMarketCap recently, with KoinBX progressively moving up the list. 3. WazirX WazirX is the most popular crypto exchange in India which has unquestionably expanded to be one of the reputable platforms across the nation. The platform built with ease of use in mind, making it ideal for beginners and intermediate users. Moreover, the account verification process would take about 2 to 4 hours which is comparatively longer. As a matter of fact, the platform charges 0.2% as a transaction fee and the minimum investment is ₹100. Concluding Remarks The best investment choice for passive income can be crypto trading, but it still requires research and individual analysis. By wrapping up the exploration of top crypto exchanges in India for June 2023, it is certainly evident that the market witnesses significant change. However, the battle for the top slot has intensified, as dedicated platforms for crypto enthusiasts have increased. These best exchanges provide a solid basis for your journey, whether you’re an experienced trader or someone who determined to enter the crypto sector. Each exchange differs for its own features and strengths while some emerge for top-notch user experiences, strong security measures, and a broad selection of supported cryptocurrencies.

Metatime has raised $25 million of investments to date and is gearing up to list its ecosystem token on global exchanges. NEW YORK–(BUSINESS WIRE)–Metatime, a blockchain technology company operating at the intersection of blockchain technology, product development, and cryptocurrency, has successfully developed a diverse portfolio of over 70 products. Leveraging its expertise, Metatime has created its own blockchain network called MetaChain and is preparing to list its ecosystem token, Metatime Coin (MTC), on the top-20 leading cryptocurrency exchanges from June 2023. Announcing a fully transparent roadmap that outlines this milestone, Metatime aims to integrate blockchain solutions into various sectors such as energy, tourism, insurance, CRM, advertising, cybersecurity, and virtual reality. Following the listing, Metatime plans to launch these solutions on Mainnet, after rigorous testing on Testnet. More than 300 thousand participated in the Airdrop Event Headquartered in Istanbul, Florida, Vilnius, and London, Metatime conducted its initial seed sales round. Metatime attracted more than 300,000 investors through Airdrop events. To date, they have successfully sold 400 million MTCs, and the actual on going sales at 10 cents started on May 17th. “Metatime serves as a vital connection between the physical and digital realms, offering a digital ecosystem that places people at its core and upholds the interests of its investors,” Yusuf Sevim, Co-Founder and CEO of Metatime stated. He further emphasized that they empower users to actively participate in a comprehensive ecosystem that represents the future of the world. US$25 million has already been raised Metatime attracted angel and individual investors, notable entities such as Yildiz Tekno Venture Capital Investment Trust, Yildiz Technical University Technopark, significant local telecommunications and financial institutions, who participated in the pre-sale rounds. Through crowdfunding, pre-sales, and angel investments, it has successfully raised USD 25 million, with investors from Turkey, Denmark, and Germany. Sevim emphasized the development of a regulated blockchain standard that encompasses a comprehensive range of solutions. He expressed the company’s ambitious goals, aiming to become one of top three blockchain ecosystems globally within three years. Furthermore, he highlighted their vision of becoming the most widely utilized financial ecosystem worldwide within five years and one of the largest technology companies globally within a decade. Contacts Yusuf Sevim [email protected]

Pepe has shown a massive increase of 73.28% in the last seven days. The memecoin has crossed the 125,000 mark in its holder count. The world of cryptocurrencies has witnessed a fascinating evolution, with the rise and fall of various memecoins capturing the attention of investors in the crypto market. Pepe, the frog-themed memecoin, has recently experienced a significant surge in its trading price. The memecoin has captured the attention of investors and is experiencing an upswing in value. Pepe has shown a massive increase of 73.28% in the last seven days. After the long memecoin season, the top cryptocurrency in the crypto market comes into play, making memecoin go down. The dominant memecoins, such as Dogecoin and Shiba Inu, are experiencing a downward trend. Pepe’s unexpected rise surprised the crypto market. Pepe Achieves a Significant Milestone On June 22, Pepe announced that the memecoin had achieved a significant milestone in its holder count. The official Pepe Twitter account posted that the memecoin has crossed the 125,000 mark in its holder count. As of now, there are 128,600 holders in total, with 121,900 on the Ethereum network, 5,700 on the BNB chain, and 997 on the Arbitrum network. This significant growth in the community of Pepe holders reflects the memecoin’s increasing popularity as well as its trading price. The spike in the number of holders took place as Pepe’s price experienced a significant surge of 70% in a short period of time. The memecoin is surging upward as it sets to record its fourth consecutive day of advances. A rising token holder count may be a sign of community expansion and also signifies a collective belief in its long-term potential. Holder count continues to be a crucial indicator of interest in a particular crypto asset. Memecoin Shows an Unexpected Surge Pepe showed a significant surge after the launch, making investors believe in the memecoin. The world’s largest crypto exchange, Binance, has listed the memecoin after the massive increase. However, after the Binance listing, the memecoin experienced a continuous decline. This raises the question of whether Binance listed memecoin too soon. After that, the memecoin continued to show a decline in its trading price. The investors lost interest in Pepe as Binance Flexible Loan announced the delisting of Pepe as a borrowable asset. However, Pepe’s unexpected surge turned investors toward the memecoin again. The exponential increase in both value and trading volume captured the attention of investors seeking potential high-risk, high-reward opportunities. While investors are focusing on Bitcoin, the world’s largest cryptocurrency by market capitalization, reaching the $30K mark for the second time in 2023, the popular memecoin Pepe’s recent surge turns investors back to the memecoin again. The remarkable surge takes the memecoin to the top of the gainer’s list. At the time of writing, the trading price of the Pepe is around $0.000001564, with an increase of around 17.03% in the last 24 hours. The trading volume of the memecoin has experienced a massive increase of 52%, according to CoinMarketCap. The continuous surge strengthens Pepe’s position in the top 100 cryptocurrency lists on CoinMarketCap. Currently, Pepe holds the 63rd rank on CoinMarketCap. Moreover, it is expected to move above the top 50 sooner.

Strategic investment and engagement to secure path to growth SAN FRANCISCO–(BUSINESS WIRE)–Solar X Works, LLC today announced that GW Global Partners has taken a strategic equity position in the Company. Solar X Works, LLC The company is a US-based renew-tech startup, the recipient of the Impact Award from the Cascadia Cleantech Alliance, and a provider of applied renewable energy solutions specializing in innovative systems focused on solving significant global problems. Current pilot projects include the review of Solar X Works’ energy management system (called xOS) for power consumption reduction working with Norwegian Crystals ASA (https://crystals.no) in Norway, developing commercial opportunities to reduce post-harvest waste in the USA, Morocco, and Egypt, collaborating with the Global Cold Chain Foundation to explore cold chain solutions in the Dominican Republic, Egypt and Bangladesh, and working with Wifiskop (https://www.wifiskop.com) to support global distributed medical solutions. Commenting on the partnership, Blake Barthelmess, CEO of Solar X Works, stated, “We are delighted to join forces with GW Global Partners. This collaboration represents a powerful synergy of knowledge, expertise, and resources including but not limited to combined reach and network ecosystems in terms of additional investment and commercialization. Together, with GW Global Partners, Solar X Works remains dedicated to driving renewable-sector innovation, addressing societal challenges, and empowering a sustainable future in the MENASA region and beyond. Also exciting to us and our company are our blockchain solutions for data storage & tracking if related authorities or owners of the data permit. This allows for possible combinations with sovereign and private cloud solutions for the right and authorized/permitting entities. Tokenisation and associated capital raise solutions are also being considered, plus we know our partners mentioned have the reach to the right authenticated and licensed parties for those works globally.” The partnership between Solar X Works and GW Global Partners shall together accelerate advancements in applied renewable solutions within verticals including agriculture, food security & tech, manufacturing, and medical services. GW Global Partners and Solar X Works were introduced as an outcome of the UAE FoodTech Challenge. Over six hundred and sixty teams from seventy-nine countries applied to the UAE FoodTech Challenge. Solar X Works was amongst the thirty shortlisted teams. One of the two GW Global Partners’ Managing Partners, Mr. Faraz Mehmood, confirmed that they were drawn to Solar X Works’ portfolio of intellectual property, vision, and market potential and later brought in the second partner. GW Global Partners GW Global Partners is a Duo-Private investment office, operating in and licensed out of various jurisdictions for two individuals. Investment activities: Traditional & Digital Finance, Healthcare, and Digital Infrastructure. This is not to say other investment verticals are not considered. The company is essentially an industry & sector agnostic so far as they are in line with its beliefs, values, and directions of various sovereigns they operate in and are at writing expanding to. Group Verticals: Operating Companies, Ventures, and Strategic Alliances. The founders do occasionally engage in advisory related to particular industries given various transactions of high value that assist the world in reducing challenges to current problems being encountered, such as climate change, or certain others that bring with them monetary gains and match their ecosystems’ focus. “Agriculture is only one of the use cases of Solar X Works’ IP. There is clear potential in other sectors such as industrial manufacturing, healthcare, and EV/batteries. Solar X Works was clearly one of the most exciting startups represented in the UAE FoodTech Challenge. We are thrilled to partner with their team to craft solutions that support as a start the MENASA region but also other parts of Africa where we are trying to expand upon our knowledge & ecosystem at writing to begin. Our stake in Solar X Works aligns perfectly with our commitment to sustainable technology investments. By combining our capabilities and their technological prowess, we will endeavour to make significant strides in the renewable energy sector and assist the global transition to clean energy solutions,” Mr. Mehmood said. Contacts Solar X Works Email: [email protected] www.solarxworks.com GW Global Partners Email: [email protected] www.gwgpas.com

CACEIS has registered with the French market regulator, AMF. Financial companies have continuously shown interest in the crypto market. The crypto market has witnessed significant growth in recent years and has captured the attention of non-crypto institutions and banks. It leads to an increase in mainstream adoption of the crypto market. CACEIS, the asset-servicing banking group of Credit Agricole and Santander, has registered with the French market regulator AMF to offer cryptocurrency custody services. On June 20, CACEIS Bank was registered with France’s Financial Markets Authority (AMF) to provide custody services for digital assets, such as cryptocurrencies. The bank offers services to asset managers, including insurers, pension funds, and private equity. CACEIS Joins the Ranks of Regulated Crypto Custodians Traditional financial institutions are looking forward to utilizing the benefits and opportunities offered by cryptocurrencies and blockchain technology. CACEIS’s strategic decision not only marks a pivotal milestone but also highlights the broader financial industry’s increasing recognition of the potential of digital assets. CACEIS joins other traditional financial institutions recognized under one of the most advanced crypto regulatory frameworks, such as Societe Generale’s Forge and AXA Investment Managers. These other French finance companies are listed among the DASPs registered with the AMF. According to the reports, CACEIS had 4.6 trillion euros in assets under its custody at the end of last year. Moreover, Credit Agricole SA is its major shareholder, with a 69.5% stake. At the same time, Santander holds 30.5% of the group. Registration with the French market regulator, AMF, is compulsory to provide crypto custody services, exchanges, or trading services in France. There is a rumor that CACEIS has been seeking crypto-regulatory status since 2021. However, CACEIS declined to comment on its crypto plans and stated that the bank is looking for something that is broad and meets many requirements rather than simply addressing the custody service at that time. Moreover, the world’s largest crypto exchange, Binance, is under investigation by the AMF. The exchange has been accused of illegally providing the services before it got approved by the French regulators. The Rise of Digital Assets in the Financial Landscape The emergence of cryptocurrencies has sparked a global revolution in the financial landscape. Digital assets gain wider adoption and recognition as financial institutions seek innovative ways to manage them. In recent days, the mainstream adoption of cryptocurrencies has experienced a massive increase. Financial companies have continuously shown their interest in integrating with the crypto market. Earlier this week, the German-based Deutsche Bank revealed that it was seeking a crypto custody license in Germany. Moreover, BlackRock, the largest asset manager in the world, recently applied to operate an exchange-traded fund that would be based on the price of bitcoin (BTC). The continuous recognition from non-crypto institutions and banks shows the massive growth of the crypto market. Recently, the U.S. Securities and Exchange Commission’s continuous lawsuit against the major crypto exchanges had a huge impact on the crypto market. However, the integration by the non-crypto institution has boosted the crypto market and investor confidence in the crypto market. This leads the world’s largest cryptocurrency, Bitcoin, to cross the $30K mark for the second time this year.

Polygon 2.0 aims to establish the Value Layer of the Internet and expand Ethereum to the Internet scale. Megachains increase node requirements but face state bloat and contention issues. Polygon Supernets achieve scalability through multiple independent chains with higher aggregate throughput. Polygon 2.0, a groundbreaking initiative aiming to establish the Value Layer of the Internet and expand Ethereum (ETH) to the Internet scale, presents a concrete vision for the future. In the pursuit of increasing blockspace, two distinct approaches have emerged: Megachains and multichain environments. Megachains, such as Polygon PoS, opt to elevate node requirements to process more transactions per block. While this design proves effective, it comes with certain limitations. Over time, state bloat becomes a performance concern as data accumulates, causing network lag. Moreover, even megachains face the challenge of “contention,” whereby there is a limit to the number of transactions that can affect the same state. Consequently, users encounter strict throughput constraints when utilizing popular applications. Deep Liquidity, Expanded Blockspace Enter Polygon Supernets, an alternative solution that achieves scalability through numerous independent operating chains. Although each network may possess a lower throughput than a megachain, the aggregate throughput surpasses that of a single chain. However, this approach comes at the cost of fragmented liquidity and value. In multichain ecosystems where blockspace is increased, unity is compromised. As users continually seek plentiful blockspace and deep liquidity, the chains with the most liquidity naturally attract the most activity. This imbalance arises because of multichain ecosystems trade-off unity for increased blockspace. Recognizing the strengths of both megachains and multichain, Polygon 2.0 endeavors to combine them in a harmonious manner. By leveraging the advantages of megachains, such as access to deep and unified liquidity, and the benefits of multichain, including expanded blockspace, Polygon 2.0 presents a groundbreaking solution. The integration of these features not only addresses the limitations of previous designs, but also sets the stage for unparalleled growth and innovation. Polygon 2.0 sets forth a user-friendly approach to building the Value Layer of the Internet. With a comprehensive vision incorporating deep liquidity and expanded blockspace, this initiative paves the way for Internet-scale Ethereum while fostering unity and maximizing throughput. Recommended For You: Polygon Labs Ushers in a Blockchain Revolution with Polygon 2.0

Topper’s integration with Xumm offers users higher transaction limits and currency versatility. Topper supports underserved jurisdictions, notably the United States and Canada. The Topper-Xumm alliance paves the way for a more inclusive digital financial landscape. In an exciting new development, Uphold Inc.’s payment gateway, Topper, has joined hands with Xumm Wallet to offer its users an experience unbound by traditional limitations. Significantly, Topper’s transaction limits have now been elevated to an impressive $2,500 per transaction. This enhancement, thereby, grants Xumm Wallet users extraordinary flexibility. Born from the integration of Topper, a unique fiat-to-crypto On-Ramp, the Xumm Wallet ecosystem has become even more versatile. As a result, purchasing digital assets via credit or debit cards is now a walk in the park. Moreover, Topper’s high conversion rates ensure a greater chance of successful transactions, making the Xumm user experience smoother. Topper’s New Features – Catering to a Global Audience With a Higher Approval Rate Topper’s most striking feature, besides its higher approval rates, is its inclusiveness. By supporting a diverse range of currencies, it caters to millions of users, a feature far too often overlooked in the digital asset market. Hence, Uphold’s comprehensive platform has developed Topper with the user in mind. In addition to its higher approval rates, Topper caters to jurisdictions often under-served by other providers. This includes the majority of states in the United States and Canada. Consequently, Uphold has broadened the horizon for Xumm users across the globe. According to reports, Topper serves multiple currencies and countries, facilitating frictionless foreign exchange and cross-border remittance. With transactions settling in widely used currencies like USD, EUR, and GBP before conversion into XRP, users in America and Canada can now purchase XRP in their native currency. The Future of Xumm – Bridging Traditional and Digital Finance The partnership between Topper and Xumm represents a significant stride toward bridging the gap between traditional and digital finances. This alliance, powered by Uphold, supports a shared vision of a more diverse, secure, and convenient financial landscape. Moreover, adding Topper will continue to enhance Xumm’s offering, reinforcing its commitment to evolving digital finance. The Xumm community, in their unwavering support, remains integral to this innovation journey. Together, they are determined to deliver advancements that will revolutionize the world of digital finance.

The Faroe Islands are a series of islands in the North Atlantic. The Islands’ first set of crypto stamps was released on June 23. Postal service in the Faroe Islands has been modernized with the introduction of a new series of digital “crypto stamps,” each of which has a digital counterpart recorded on the blockchain as a non-fungible token (NFT) that can be used as postage. The Faroe Islands are a series of islands in the North Atlantic that form an independent region of Denmark. The Faroe Islands’ first set of crypto stamps, titled Stamps of Maybe, was released on June 23 in conjunction with VariusSystems, according to the postal service’s official website. In order to increase the value of each stamp, the Postal Service claims that a digital copy of each stamp is kept on a blockchain where users may vote on the creation process of the stamp. Utilizing Blockchain Tech After visiting a summit with the Universal Postal Union at the United Nations, VariusSystems CEO Michael Dorner observed that nations throughout the globe are interested in new use cases of developing technology. The digital versions of the Faroe Islands stamps are affected by the current weather conditions thanks to their connection to the local Faroese weather station, Veurstova Froya. Philately, the hobby of collecting stamps, has been reinvented before, but this is the first time blockchain technology has been used by a postal agency to generate stamps as NFTs. NFT crypto stamps have also been issued by PostNL in the Netherlands and PostAG in Austria. The first PostAGs were launched in 2019 on the Ethereum blockchain, and another version with near-field communication chip features for further verification was released in 2021. NFTs may be used to demonstrate the one-of-a-kind quality of an item, such as an image, video file, text, and related information. Depending on the issuer and the information, NFTs may serve as proof of ownership for either a digital or physical item. Recommended For You: Ethereum dApps Settle on Solana With Neon EVM’s Closed Beta

Fortune 100 dives into digital gold, 52% exploring crypto and blockchain. Crypto’s future is bright as top firms adopt, indicating a seismic shift. Beyond fads, crypto technologies reshape corporate practices and markets. In the rapidly evolving world of technology, top Fortune 100 companies are making bold strides. Since the advent of 2020, a significant 52% have initiated projects related to cryptocurrency and blockchain. This intriguing statistic comes from a recent joint report by Coinbase and The Block Research. Unearthing the Digital Gold Mine Crypto and blockchain technologies are more than mere buzzwords today. They represent a revolutionary shift in the economic sphere. Hence, it’s unsurprising that leading corporations are actively pursuing these advancements. A noteworthy 52 out of the Fortune 100 companies have dived into cryptocurrency and blockchain since 2020. Significantly, these companies explore, invest, develop, and implement these technologies. Moreover, the study conducted by Coinbase, in partnership with The Block Research, outlines this fascinating trend. These findings underscore the burgeoning interest in these digital innovations among the world’s most influential corporations. Additionally, they indicate the increasing acceptance of digital currencies and blockchain in the traditional business world. The Future is Crypto The exploration of crypto and blockchain technologies by Fortune 100 companies marks a critical turning point. Not only does this signify acceptance, but it also heralds a potential future where digital currencies could become mainstream. Besides, it gives us a glimpse into the innovative ways corporations might leverage these technologies. Furthermore, it looks into the creative ways organizations may use this technology. However, it is critical to recognize that this is not a fad. Instead, adopting such technologies is evidence of the dramatic changes they may bring to organizational practices and even whole markets. As a result, we may anticipate more corporations jumping on the crypto and blockchain bandwagon in the following years. To summarize, the launch of crypto and blockchain initiatives by more than half of the Fortune 100 firms is an audacious tribute to the promise of these technologies. This ongoing trend indicates a seismic shift in the global economic landscape, where the future is increasingly looking at crypto. With these forward strides, we’re witnessing the dawn of a new digital era.

CEO Hyung-soo Lee broke the news to them via video conference. Haru Invest’s unexpected difficulties began in the middle of June this year. South Korean cryptocurrency investment platform Haru Invest reportedly fired off more than 100 employees. On June 23 the layoffs will be formalized. Several days after suspending deposits and withdrawals owing to a problem with one of its service suppliers. The firm made this decision. Recent reports state that Haru Invest has laid off more than 100 employees and CEO Hyung-soo Lee broke the news to them via video conference. The CEO reportedly stated: Domino Effect Haru Invest’s unexpected difficulties began in the middle of June when the company encountered a “certain issue with one of the service partners.” To safeguard its customers as much as possible, the company temporarily suspended withdrawals and deposits. In light of the ongoing legal proceedings against B&S Holdings, the business said today that it would “be minimizing” its activities and those of its related entities. The management team has promised to keep workers updated on any developments and provide any assistance they may need in the future. The firm stated: Because of the problems at Haru Invest, another major South Korean cryptocurrency lending platform, Delio, has temporarily suspended withdrawals. The second group insisted that precautions be made because of their exposure to the first. Delio subsequently said it would gradually restore service but gave no time frame.

FLOKI’s 2023 roadmap is nearing completion, with the upcoming “FlokiFi Locker” upgrade set to introduce native payments. Exciting developments are in store for FLOKI holders, as the team prepares to integrate a major DeFi lending and borrowing protocol on the BNB chain. Following the announcement of the roadmap progress, the FLOKI token has surged by 14% within the past 24 hours. The official FLOKI account has provided an update on the progress of their 2023 roadmap, indicating that they are nearing the fulfillment of several important commitments. One notable update is the upcoming “FlokiFi Locker” upgrade, which will introduce native payments, burn mechanisms, a referral program, and other features to enhance the protocol. The upgrade’s code has been submitted to Certik, a blockchain security auditor, for review, and once approved, it will be launched on the mainnet. Another significant upgrade mentioned is the integration of a major DeFi lending and borrowing protocol on the BNB chain, allowing FLOKI users to borrow stablecoins and other cryptocurrencies using their FLOKI tokens. This integration is anticipated to commence in the coming week. Additionally, the FLOKI team is currently reviewing a staking feature for bugs, which will be launched soon after internal checks are completed. The team is also finalizing a redesign of FlokiFi to improve user-friendliness. FLOKI surges after announcement In response to this roadmap update, the FLOKI token has experienced a notable surge of 14% over the past 24 hours, reaching a trading price of $0.00002833. This price growth is likely influenced by the positive news about the roadmap as well as the recent sudden increase in Bitcoin’s value, which has propelled the entire crypto market upward.

Shiba Inu surges in value, with over 35 trillion tokens regaining profitability. SHIB’s recent price surge has propelled it to become one of the top performers among the top 100 digital assets. A significant percentage of SHIB investors are still striving for profitability, Shiba Inu (SHIB) has experienced a notable increase in value, resulting in over 35 trillion tokens becoming profitable once again, according to crypto analyst portal IntoTheBlock. The recent increase in profitability can be attributed to SHIB’s price appreciation from $0.000007 to $0.0000084 within a span of three days. Investors who acquired SHIB within this price range are now seeing significant profits. The extent of this recovery is evident from the number of profitable addresses. Currently, there are 86,150 addresses holding SHIB coins purchased within the mentioned price range. In total, there are 204,050 profitable addresses for SHIB holders, with nearly half of them achieving profitability just this week. Shiba Inu’s recent price surge brings positivity to investors The price surge not only has positive implications for investors’ portfolios but has also elevated Shiba Inu to one of the top-performing tokens in the cryptocurrency market. With a 15% increase in value, the coin now ranks as the fifth most profitable cryptocurrency among the top 100 based on the past 24 hours’ performance. However, despite the positive sentiment surrounding the Shiba Inu coin and the broader crypto market, a significant percentage of holders still find themselves in a loss. Approximately 50% of SHIB holders remain unprofitable, while 34% are hovering around the break-even point. Currently, more than one million addresses face these challenges.

The first hike since March 2021, represents a leap from the current 8.5%. Central banks throughout the globe have hiked rates to offset surges in consumer prices. Turkey’s central bank delivered a significant interest rate rise on Thursday, signaling a turn towards more traditional economic strategies to tackle sky-high inflation. The bank’s benchmark interest rate was increased by 6.5 basis points, to 15%. The first hike since March 2021, represents a leap from the current 8.5% but falls short of market forecasts. It happened during the central bank’s first interest rate-setting meeting after Erdogan nominated two highly regarded figures to head the bank and the finance ministry. A departure from Erdogan’s unconventional view that lowering interest rates combat inflation may be seen in the rate rise. Interest Rate Hikes Worldwide Central banks throughout the globe have swiftly hiked rates to offset surges in consumer prices. Connected to the recovery from the epidemic and Russia’s invasion of Ukraine. Despite the fact that traditional economic theory recommends quite the opposite. The Bank of England and the Swiss National Bank were just two of the European central banks that raised their benchmark interest rates on Thursday. Although he has said that he would “accept” his new finance minister’s plans, Erdogan, an “enemy” of high borrowing prices, has reiterated that his views have not altered. This sparked concerns about the autonomy of Turkey’s central bank. In the wake of notable asset management companies, including BlackRock, submitting applications for spot Bitcoin exchange-traded funds (ETFs). Bitcoin (BTC), the king of cryptocurrencies, had a large spike for the second day in a row. Over the previous day, the cryptocurrency with the highest market capitalization has increased by about 5%.

The projected annualized return for this approach developed by Monetalis Group is 4.5%. Maker’s current collateral accounts for 14.8% of DAI’s TVL. The MakerDAO team, creators of the DAI stablecoin, recently announced the successful completion of a $700 million USD Treasury bond purchase. The project said in a press statement that it now has a total bond allocation of $1.2 billion. MakerDAO has already proposed raising the debt cap for MIP65 from $500 million to $1.25 billion. In order to take advantage of the current yield environment, and this move follows suit. A new RWA vault operated by crypto asset management BlockTower was just accepted into the network. Indicating the first step towards a potential future UST purchase of up to $1.28 billion. Diversified Portfolio Approach The members who cast ballots also decided it was in the best interest of the reserve to sell off $390 million worth of Gemini Dollars (GUSD) and $500 million worth of Paxos Dollars (USDP). Moreover, the projected annualized return for this approach developed by Monetalis Group is 4.5 percent. Maker’s current collateral accounts for 14.8% of DAI’s TVL, the vast majority of which is held in short-term bond ETFs. Maker’s choice to buy more US Treasury shares, as pointed out by Allan Pedersen, CEO of Monetalis Group, demonstrates that it is “pushing boundaries within DeFi” and developing a “diversified portfolio approach.” The stablecoin primarily uses ETH and wstETH as collateral. ASXN, a firm specializing in digital asset analysis, tweeted that stETH collateral has started to overtake ETH as the preeminent backing for DAI. Recently, the total amount of stETH collateral reached 933,000. This demonstrates that, even after the Shapella improvement, users are still drawn to liquid staking variants. Recommended For You: What Sparked the Sudden Bull Run in the Crypto Market?

Bullish SFP price prediction for 2023 is $0.7713 to $1.3118. SafePal (SFP) price might also reach $1.5 soon. Bearish SFP price prediction for 2023 is $0.2884. In this Safepal (SFP) price prediction 2023, we will analyze the price patterns of SFP by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency. SafePal (SFP) Current Market Status Current Price $0.4751 24 – Hour Trading Volume $11 million 24 – Hour Price Change 4.78% Down Circulating Supply 369,666,536 All – Time High $4.39 (On February 09, 2021) SFP Current Market Status (Source: CoinMarketCap) What is SafePal (SFP)? The SafePal (SFP) token is a decentralized digital asset built on the Binance Smart Chain with a total supply of 500 million tokens. SafePal, which was founded in 2018, is a secure and robust cryptocurrency wallet that assists customers in protecting and growing their decentralized assets. It is also the first hardware wallet in which Binance has invested and is supported. SafePal (SFP) Price Prediction 2023 Safepal (SFP) ranks 148th on CoinMarketCap in terms of its market capitalization. The overview of the Safepal price prediction for 2023 is explained below with a daily time frame SafePal /USDT Horizontal Channel Pattern (Source: Tradingview) In the above chart, Safepal (SFP) laid out a Horizontal Channel Pattern, Horizontal channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line which connects the highs, and the lower trendline, line which connects the lows, run horizontally parallel and the price action is contained within it. A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation. At the time of analysis, the price of Safepal (SFP) was recorded at $0.5110. If the pattern trend continues, then the price of SFP might reach the resistance levels of $0.6246 and $1.1833. If the trend reverses, then the price of SFP may fall to the support of $0.4533 and $0.3268.. Safepal (SFP) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Safepal (SFP) in 2023 SafePal /USDT Support and Resistance Levels (Source: Tradingview) From the above chart, we can analyze and identify the following as the resistance and support levels of Safepal (SFP) for 2023. Resistance Level 1 $0.7713 Resistance Level 2 $1.3118 Resistance Level 3 $0.4739 Support Level $0.2884 Support and Resistance Levels As per the above analysis, if Safepal (SFP) bulls take the lead, then it might hit and break through its resistance level of $1.3118. Conversely, if Safepal’s (SFP) bears dominate the trend, the price of BCH might plunge to $0.2884. SafePal (SFP) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Safepal (SFP) are shown in the chart below. SafePal /USDT RVOL, MA, RSI (Source: Tradingview) The technical analysis indicator Relative Volume (RVOL) is used to measure the trading volume of an asset in relation to its recent average volumes. It is typically calculated by dividing the current day’s trading volume by the average volume over a specified period, such as the past 20 or 50 trading days. Also, it helps traders in identifying unusual trading activity and changes in market sentiment. At the time of analysis, the RVOL of Safepal (SFP) was found below the cutoff line. Thus, it denotes a weak volume of participants trading in the current trend. The next technical indicator is the Moving Average (MA). This momentum indicator is used to smooth out price data and identify trends in the market. It helps in calculating the average price of an asset over a specific period. Particularly, the 50-day moving average (50 MA) evaluates the average closing price of the asset over the past 50 days. When the price of an asset is above 50MA, it is considered to be in an uptrend (bullish), and if laid below 50MA, it is in a downtrend (bearish). Notably, in the above chart, the SFP price lies above 50 MA (short-term), indicating its upward. Hence, SFP is in a bullish state. Although this is the current state, a trend reversal might occur. Next up is the Relative Strength Index (RSI). Significantly, this analysis indicator helps traders to determine the strength and momentum of an asset’s price movement over a specific period. In this analysis, the RSI is calculated by comparing the average gains and losses of the asset over the past 14 periods. The resulting value lies between a range of 0 and 100. Hence, the readings above 70 indicate an overbought state, and below 30 indicate an oversold state. Significantly, traders often use the RSI to identify potential trend reversals or to confirm the trend’s direction. For instance, if an asset is in an uptrend and the RSI reaches an overbought reading of 70, it may suggest that the asset is due for a pullback or correction. Conversely, if an asset is in a downtrend and the RSI is in an oversold reading of 30, it may suggest a potential reversal. At the time of analysis, the RSI of SFP is at 80.55. Therefore, this indicates SFP is an overbought state. Also, this confirms that SFP sends out a buy signal. SafePal (SFP) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of Safepal (SFP) using the following technical analysis indicators – Average Directional Index (ADX) and Relative Volatility Index (RVI). SafePal /USDT ADX, RVI (Source: Tradingview) To analyze the strength of the trend momentum, let us take note of the Average Directional Index (ADX). The ADX value is derived from the two directional movement indicators (DMI) such as +DI and -DI and is expressed between 0 to 100. According to the data on the above chart, the ADX of SFP lies in the range of 52.9663 pointing out a strong trend. The above chart also displays another technical indicator – the Relative Volatility Index (RVI). This indicator measures the volatility of an asset’s price movement over a specific period. With respect to the chart’s data, the RVI of SFP lies above 50, indicating high volatility. Comparison of SafePal with BTC, ETH Let us now compare the price movements of Safepal (SFP) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs SafePal Price Comparison (Source: Tradingview) From the above chart, we can interpret that the price action of BCH is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of BCH also increases or decreases respectively. SafePal (SFP) Price Prediction 2024-2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Safepal (SFP) between 2024 and 2030. SafePal (SFP) Price Prediction 2024 If bulls dominate the price momentum and trend patterns, then Safepal (SFP) might successfully test and surpass its resistance levels to hit $2 by 2024. SafePal (SFP) Price Prediction 2025 The significant upgrades in the Safepal ecosystem might persuade the entry of an increased number of investors. This may eventually boost the Safepal (SFP) price to reach $2.5 by 2025. SafePal (SFP) Price Prediction 2026 If Safepal (SFP) successfully tests its major resistance levels and continues to move upside, then it would rally to hit $3. SafePal (SFP) Price Prediction 2027 If Safepal (SFP) sustains major resistance levels and stands as a better investment option in the market, then SFP would rally to hit $3.5. SafePal (SFP) Price Prediction 2028 If Safepal (SFP) holds a positive market sentiment amid the highly-volatile crypto market by driving significant price rallies, then SFP would hit $4 by 2028. SafePal (SFP) Price Prediction 2029 If investors flock in and continue to place their bets on Safepal (SFP), then the crypto would witness major spikes. Hence, SFP might hit $4.5 by 2029. SafePal (SFP) Price Prediction 2030 By 2030, the SFP price might rally to $5 if the trend momentum aligns in favor of Safepal. Furthermore, SFP would hold a positive market sentiment and be labeled as a long-term investment with highly profitable ROI. Conclusion If Safepal (SFP) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Safepal price prediction for 2023 is $1.3118 Comparatively, the bearish Safepal (SFP) price prediction for 2023 is $0.2884. If there is a positive elevation in the market momentum and investors’ sentiment, then Safepal (SFP) might hit $1.5. Furthermore, with future upgrades and advancements in the Safepal ecosystem, SFP might surpass its current all-time high (ATH) of $4.39 and mark its new ATH. FAQ 1. What is Safepal (SFP)? Safepal is a peer-to-peer electronic money system that aims to become a trusted global currency with fast payments, micro-commissions, privacy, and high transaction capacity. 2. Where can you buy Safepal (SFP)? Traders can trade Safepal (SFP) on the following cryptocurrency exchanges such as Binance, KuCoin, Gate.io, Bitget, LBank. Will Safepal (SFP) record a new ATH soon? With the ongoing developments and upgrades within the Safepal platform, Safepal (SFP) has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Safepal (SFP)? Safepal hit its current all-time high (ATH) of $4.39 on Feb 9, 2021. 5. What is the lowest price of Safepal (SFP)? According to CoinMarketCap, SFP hit its all-time low (ATL) of $0.2675 on July 14, 2022. 6. Will Safepal (SFP) hit $1.5? If Safepal (SFP) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1.5 soon. 7. What will be the Safepal (SFP) price by 2024? Safepal (SFP) price might reach $2 by 2024. 8. What will be the Safepal (SFP) price by 2025? Safepal (SFP) price might reach $2.5 by 2025. 9. What will be the Safepal (SFP) price by 2026? Safepal (SFP) price might reach $3 by 2026. 10. What will be the Safepal (SFP) price by 2027? Safepal (SFP) price might reach $3.5 by 2027. Top Crypto Predictions Maker (MKR) Price Prediction 2023 Optimism (OP) Price Prediction 2023 Verasity (VRA) Price Prediction 2023 Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

An AI-powered platform for digital art Atriv has teamed up with Layer 1 blockchain Flare. As a result of the arrangement, Atriv will introduce its NFT platform, which generates no-code prompts, to the Flare network. By using artificial intelligence (AI), Atriv’s all-in-one NFT platform aims to realize the full potential of digital art. The platform streamlines the creation and issuance of NFTs for artists, companies, and collectors by serving as a holistic solution. Atriv will inspire a new generation of digital artists and collectors to join the Flare community by lowering the barriers to entry for tokenization and art production. The Layer 1 network will get access to sophisticated NFT capabilities thanks to the integration, and producers will be able to design distinctive NFT collections without any specialized knowledge. Furthermore, by incorporating the State Connector, Atriv will make use of Flare’s cross-chain technology. This would enable users to mint NFTs on Flare and pay for them on a different chain, such as Bitcoin, Doge, or Litecoin. The Atriv platform features a lively ecosystem for artists and collectors by facilitating the trade of AI-powered digital art via a dynamic marketplace. White-label collection, decentralized IPFS storage, and configurable storefront pages are further capabilities provided by Atriv. These functions are created to meet the changing requirements of the NFT ecosystem and turn the platform into a one-stop solution for creators, companies, and collectors. Atriv’s ultimate goal is to establish itself as the go-to platform for everyone interested in creating and exchanging digital art using the power of AI and blockchain technology. Atriv wants to encourage a broader usage of NFTs by making it simpler to create digital art, tokenize it, and facilitate trade.

Global crypto market reached a two month high of $1.18 trillion range. Major cryptocurrencies BTC and ETH in bull run. Bitcoin (BTC), the crypto market leader, experienced a significant surge for the second consecutive day, buoyed by investor confidence following the filing of spot Bitcoin exchange-traded fund (ETF) applications by prominent asset management firms, including BlackRock. The cryptocurrency, which holds the largest market capitalization, rose by nearly 5% over the past 24 hours. This price level had not been seen since April when BTC last surpassed the $30,000 mark. Also, the Bitcoin price reached $30,664 yesterday. As a result, the global cryptocurrency market cap has surged to $1.18 trillion, marking a substantial increase of approximately 4.5%. Global Crypto Market Cap (Source: CoinMarketCap) Why the Crypto Market Surging? In the midst of recent negative events that are impacting the crypto market including the aftermath of FTX collapse and the subsequent regulatory challenges, Bitcoin and other top cryptocurrencies surge remains notable. The positive momentum in the crypto market began on Tuesday, enhancing market sentiment. In addition, a weakening dollar index and the implementation of inflation-tackling measures in the U.S also have contributed to a boost in sentiment within the cryptocurrency market. However, this price rally in the cryptocurrency market indicates the growing institutional interest in the crypto space. Despite the challenges posed by uncertain regulatory conditions, persistent inflation concerns, and other macroeconomic uncertainties. The market continues to grapple with these challenges, yet the crypto market managed to defy the odds and demonstrate bullish momentum. Further, the impressive rally in major cryptos such as BTC and ETH has propelled several major altcoins to reach new highs. At the time of writing, the price of the flagship cryptocurrency soared more than 21% in a week and 49.5% YTD to trade at $30,110. Also, the second largest cryptocurrency Ethereum increased 5.20% to $1,906. Recommended for you Bitcoin 8% Rally Sparks Excitement: Top 10 Cryptocurrencies To Watch

In recent news, we found out that the FED plans to raise interest rates soon, which caused worry all over. However, the worry immediately subsided as China announced its stimulus package that has the potential to inflate everything, including Bitcoin (BTC), Ethereum (ETH), and Tradecurve (TCRV). Out of the three, Tradecurve offers the biggest gains, as, even without the stimulus package, it is set to bring in 50x gains before its presale ends. >>BUY TCRV TOKENS NOW<< Bitcoin (BTC) Is on the Come Up Bitcoin (BTC) already saw a positive wave hours after people learned about China’s stimulus package. Also, Bitcoin (BTC) holders took a breath of relief when they found out that the SEC won’t freeze Binance’s assets, and the Bitcoin (BTC) price surged a bit more. Currently, Bitcoin (BTC) is trading at $26,768.77, a 1.19% increase in the past 24 hours. The Bitcoin (BTC) trading volume is also up by 45.78%, and the Bitcoin (BTC) market cap has increased by 1.39% in the last 24 hours. But with China pumping trillions of dollars into the market soon, Bitcoin (BTC), along with other coins, could experience a massive surge. >>BUY TCRV TOKENS NOW<< Ethereum (ETH) Set to Surge Like Bitcoin and most of the market, Ethereum (ETH) was in a slump in the past few weeks. However, now, Ethereum (ETH) is on the come up, as people are buying low and waiting to sell high once the stimulus package kicks in. Ethereum (ETH) investors and market analysts are predicting big gains for the token, but they just aren’t sure exactly when they’ll come in. Ethereum (ETH) is currently trading at $1,734.95, a 0.41% increase since yesterday. Likewise, the Ethereum (ETH) market cap is up by 0.50%, while the Ethereum (ETH) trading volume is up by 52.10%. All in all, there are bullish sentiments around Ethereum (ETH) right now. >>BUY TCRV TOKENS NOW<< Tradecurve (TCRV) To Surge 50x Without Any Help The news on China’s stimulus package comes as an added bonus to Tradecurve (TCRV), as the platform has the potential for massive growth all on its own. Tradecurve is an innovative hybrid exchange, bridging the gap between decentralized and centralized exchanges and providing the best elements of both to users. So, with Tradecurve, users can trade all kinds of assets and financial instruments all in one place. Some of them include stocks, forex, cryptocurrency, commodities, bonds, options, and more. It offers a one-of-a-kind trading opportunity that the blockchain has never seen before. Also, Tradecurve is super beginner-friendly, as it only requires an email and a crypto wallet from users. So, you’ll only need to create an account using your email, buy TCRV tokens by connecting your crypto wallet, and you’ll be good to go. In addition, newbies will be able to learn from expert traders via Tradecurve’s metaverse trading academy, which will be held soon. Tradecurve is a decentralized and borderless exchange, allowing people worldwide to access it and make money on it anonymously. It also has no KYC requirements, which adds to the anonymity of the platform. Currently, TCRV is in Stage 4 of its public presale. And in just a few weeks, it managed to boost its price from the initial $0.01 to the current $0.018. Even without the stimulus packages, TCRV is set to bring in an additional 50x gains before its presale ends and a further 100x gains when it hits crypto exchanges. Visit the links to get more information about Tradecurve and the TCRV token: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram

What is Neon EVM? Neon EVM is a low-friction solution that enables Ethereum dApps to settle transactions on Solana, eliminating the gap between these two leading blockchains. Neon EVM positions Ethereum developers to enjoy the best of Solana’s network, from low fees to high transaction speeds, and parallel transaction execution capabilities. While Solana is one of the fastest, organically-growing chains, its incompatibility with EVM has left several hundred million in TVL, millions of users, and an entire ecosystem untouched by EVM multichain dApp developers — until now. Neon EVM’s pioneering solution is the anticipated innovation in the Solana ecosystem and makes Solana a viable option for multichain builders. Neon EVM brings together the best of both chains while ensuring the finality of settlements on Solana. What is Neon EVM closed beta? The launch of the closed beta version of Neon EVM, Neon EVMβ, to Solana’s Mainnet is a significant milestone on the roadmap. Neon EVMβ is a fully-functioning Neon EVM with one major alteration: it supports fee-free transactions. This means that all transactions are settled to Solana’s L1 and require payment in Sol, as per any Solana-settled transaction. However, in beta, the NEON token is not requested by the Proxy Operator responsible for accepting the transaction request and ensuring that it is finalized. Why launch in beta? The Neon EVM ecosystem includes many more players than just the Neon EVM and the Proxy Operators that accept and settle transaction requests. It includes DAO, oracles, indexers, wallets, multisigs, bridges, explorers, and more. Neon EVMβ provides an opportunity for all parties to deploy and test to ensure the seamless integration of their services before the official Solana Mainnet launch. While Neon EVM could have chosen to do a Shadow Mainnet launch on a fork of the Solana mainchain, launching directly to Mainnet offers significant advantages. Not least of which is that deployed and tested contracts will retain their addresses on Solana Mainnet. Why launch in closed beta? Launching in closed beta allows the Neon EVM team to onboard and test the services of ecosystem players in controlled phases. The first phase onboarded the infrastructure components, and the second phase accepted dApps and will test the connection of wallets. Operating in closed beta also controls the budget by keeping the activity limited to an invite-only list. Remember, while the Proxy Operator is not charging a fee, the Solana network still does. It simply is not possible to provide an open beta and predict the cost in Sol for such an initiative (though it is possible to predict that the Sol cost will be less than the equivalent Eth cost would be for an EVM settling to Ethereum!). When the testing period ends and NEON tokens are available on the market to pay for transactions, Neon EVM will switch back to its normal operation mode. This means that independent Proxy Operators (P2P and Everstake) will resume responsibility for accepting and processing transactions. The Proxy Operator’s RPC endpoints will be made available on ChainList. Want to get involved? While Neon EVM is deployed to Solana Mainnet at address NeonVMyRX5GbCrsAHnUwx1nYYoJAtskU1bWUo6JGNyG, as this is a closed beta, unless you are on the guest list, it won’t accept your transactions yet. To engage with the community, you can find us on Twitter and join Neon EVM’s very active Discord to meet some of our long-term and loyal community builders. For a high-level overview of the technical architecture and features of Neon EVM, the whitepaper is available at NeonEVM.org/whitepaper.pdf. To follow the activity of the network, you can view Neon EVM transactions settled to Solana with the NeonScan dashboard. Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

To encourage the enduring expansion of its sharing economy, World Mobile has announced the official launch of a token buyback program. World Mobile’s treasury will acquire its native utility token, World Mobile Token (WMT), on the open market as part of the token repurchase program. On May 29, the first repurchase took place. The World Mobile sharing economy participants who have helped create and implement its cutting-edge mobile solutions will accrue incentives via the token buyback program. Following the start of commercial services in the Eastern African nation earlier this year, the token purchases are funded by earnings from its network operations. The goal of World Mobile is to build a mobile ecosystem that is more equitable, sustainable and gives consumers greater control over their data and network infrastructure. The token repurchase program is a component of World Mobile’s long-term plan to realize this ambition and provide value for its customers and sharing economy players. As additional revenue is created after client onboarding, buybacks are anticipated to rise in value and frequency as World Mobile plans expansion throughout Africa, Asia, and the US.