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Dogecoin (DOGE) No Longer on “Greenlist,” NewMigrations to Ethereum (ETH), Could Tradecurve Markets (TCRV) Grow by 100x?

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Dogecoin (DOGE) No Longer on “Greenlist,” NewMigrations to Ethereum (ETH), Could Tradecurve Markets (TCRV) Grow by 100x?

Dogecoin (DOGE) Faces Setback, New Migrations to Ethereum (ETH), Will Tradecurve Markets (TCRV) Surge by 100x?

The crypto world is abuzz with recent developments, as Dogecoin (DOGE) faces a setback with its removal from the token ‘greenlist’ by the DFS. Meanwhile, Ethereum (ETH) witnessed new migrations with the introduction of Canto and Astar blockchains. Additionally, there’s growing speculation about Tradecurve Markets (TCRV) potentially surging by 100x.

>>Register For The Tradecurve Markets Presale<<

Dogecoin (DOGE): Removed from DFS’s ‘Greenlist’

Dogecoin (DOGE) recently encountered a hurdle as it was removed from the New York Department of Financial Services (DFS) ‘green list.’ This decision raised questions within the Dogecoin community, leading to discussions about its implications for the coin’s future. It remains to be seen how Dogecoin will adapt and whether it can overcome this setback.

While stricter, the updated regulatory guidance by the DFS is part of a broader effort to enhance transparency within the cryptocurrency space. Dogecoin’s popularity and widespread adoption make it a resilient and recognizable asset. Thus, it could still be valuable to a diversified crypto portfolio.

As a result, experts remain bullish about the long-term growth of the Dogecoin value. Therefore, they predict that the Dogecoin price will reach $0.098 by December 2023. 

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>>Register For The Tradecurve Markets Presale<<

Ethereum (ETH): New Migrations

Ethereum (ETH), the blockchain giant, continues to evolve by introducing new blockchains. Recently, there was some positive Ethereum news as the migration of Cosmos-native L1 blockchain Canto to it was announced.

With increased interoperability and improved speed, Ethereum remains at the forefront of blockchain technology. The network’s ability to attract projects from various ecosystems, like Astar’s expansion from Polkadot to Ethereum, showcases Ethereum’s prominence as a preferred blockchain platform. 

These moves contribute to Ethereum’s resilience and solidify its position as a top token. Because of this, market analysts foresee the Ethereum price sitting between $2,048.41 and $2,335.71 within Q4 of 2023. 

Tradecurve Markets (TCRV): A Potential 100x Surge?

Amidst these developments, all eyes are on Tradecurve Markets (TCRV), a project gaining attention. TCRV is in the spotlight due to its potential for a 100x surge once listed on a Tier-1 CEX following its launch. With a low market cap and innovative solutions for online trading, Tradecurve Markets is capturing the imagination of traders worldwide.

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Tradecurve Markets’ innovative approach allows users to trade all derivatives on a single account. This feat differentiates it from platforms like Coinbase, which predominantly focus on cryptocurrencies. This groundbreaking move opens up vast opportunities, especially in the global foreign exchange market, which IMARC Impactful Insights valued at $753.2B in 2022.

Additionally, Tradecurve Markets addresses a critical concern in the online trading sector by prioritizing user privacy. For instance, many popular exchanges require intrusive sign-up KYC checks. Tradecurve Markets stands out by eliminating the need for these checks. Instead, users can create an account using an email only, link it to a crypto wallet, and make a deposit. 

Moreover, TCRV’s lower market cap presents an exciting growth potential. It has more room for substantial price growth compared to well-established giants like Dogecoin and Ethereum. One TCRV token costs just $0.025 as it is in Stage 5 of its presale. But Stage 6 is approaching fast and will increase the price to $0.03 – a 20% ROI for those who buy it now.

For more information about the Tradecurve Markets (TCRV) presale:

Website: https://tradecurvemarkets.com/

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Buy presale: https://app.tradecurvemarkets.com/sign-up

Twitter: https://twitter.com/Tradecurveapp 

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Crypto Market Boredom: Bitcoin & Altcoins See Volume Crash

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Crypto Market Boredom: Bitcoin & Altcoins See Volume Crash

On-chain data shows the cryptocurrency traders have hit the snooze button as Bitcoin and other assets have witnessed a plunge in volume.

Bitcoin & Altcoins Have Seen A Trading Volume Crash Recently

According to data from the on-chain analytics firm Santiment, trading volume has seen a slowdown in the cryptocurrency sector during the past week.

The “trading volume” here refers to an indicator that keeps track of the total amount of a given asset that’s becoming involved in trading activities on the major exchanges. When the value of this metric goes up, it means the investors are participating in a higher amount of activity related to the coin. Such a trend implies interest in the asset is on the rise.

On the other hand, the indicator observing a decline suggests the traders may be starting to put their attention elsewhere as they are taking part in a lower amount of activity.

Now, here is a chart that shows the trend in the combined Bitcoin trading volume for four different segments of the digital asset sector:

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The value of the metric appears to have gone through a decline for all of these groups | Source: Santiment on X

In the above graph, the four sides or segments of the cryptocurrency market displayed are: Memecoins Top 6, AI & Big Data Top 6, Layer 1 Top 6, and Layer 2 Top 6.

“Layer 1” assets refer to those that circulate on blockchains that handle their own security and aren’t built on top of another ecosystem. Bitcoin and Ethereum are the most prominent examples of coins of this type. The coins that aren’t on primary networks, like Polygon (MATIC) and Arbitrum (ARB), are termed Layer 2.

From the chart, it’s apparent that the six largest coins for both of these categories have seen a sharp decline in their trading volume recently. Segments like meme-based tokens and AI-related coins have also noted cooldowns of their own at the same time.

Back in November and the first half of December, the volume was high across the market as traders made a large number of moves during the Bitcoin bull run hype. It would appear, though, that the recent bearish shift has damaged the investor morale.

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After the latest continuation of the decline in the indicator, trading activity in the market has slumped to the lowest level since the 4th of November, a day before the presidential elections in the US.

Generally, the market tends to see volatility when a large number of traders are participating in trading activity, as it’s their trades that fuel price moves. Since the trading volume has slumped across the cryptocurrency sector recently, it’s possible that Bitcoin and others might see a state of calm in the near future.

The low activity may even be considered a sign that there is FUD in the market, which is something that has facilitated bottoms in the past.

BTC Price

At the time of writing, Bitcoin is trading at around $90,700, down almost 8% in the last week.

Bitcoin Price Chart

Looks like the price of the coin has been going down over the past day | Source: BTCUSDT on TradingView

Featured image from Dall-E, Santiment.net, chart from TradingView.com

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Congressman Who Wanted Airport Named After Trump Buys Bitcoin, Solana, XRP Token Ahead Of Inauguration

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Congressman Who Wanted Airport Named After Trump Buys Bitcoin, Solana, XRP Token Ahead Of Inauguration

A member of Congress disclosed buying three cryptocurrencies in December, as the sector gets ready to welcome in a pro-cryptocurrency White House administration.

What Happened: With many cryptocurrencies hitting new all-time highs after Donald Trump’s 2024 election win, members of Congress like Representative Guy Reschenthaler (R-Pa.) are adding crypto to their portfolio.

According to Benzinga’s Government Trades page for Reschenthaler, the Republican Representative disclosed the trades recently in one filing.

Here are the cryptocurrencies purchased and the dates the trades were made:

  • Dec. 11: $1,000 to $15,000 Solana SOL/USD
  • Dec. 11: $1,000 to $15,000 XRP Token XRP/USD
  • Dec. 23: $1,000 to $15,000 Bitcoin BTC/USD

The transactions are the first disclosed by Reschenthaler since he joined Congress in 2019.

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Why It’s Important: Reschenthaler, 41, has not been as vocal about cryptocurrency as other members of Congress have been. The purchase could be due in part due to his belief that a Trump presidency will be bullish for the cryptocurrency sector.

Here is a look at how much the Congressman paid for the cryptocurrencies versus where the price is today:

  • Solana: 12/11 range $211.99 to $230.51, today $175.83
  • XRP: 12/11 range $2.24 to $2.47, today $2.45
  • Bitcoin: 12/23 range $92,403.13 to $96,416.21, today $91,836.61

Two of the Congressman’s purchases have lost money while the purchase of XRP has turned into a winning trade. Benzinga will closely monitor the trading activity of members of Congress when it comes to cryptocurrency in the coming months.

Last year, Reschenthaler proposed renaming the Washington Dulles International Airport, which is located 25 miles from Washington, D.C., to the Donald J. Trump International Airport.

“In my lifetime, our nation has never been greater than under the leadership of President Donald J. Trump,” Reschenthaler said at the time. “As millions of domestic and international travelers fly through the airport, there is no better symbol of freedom, prosperity, and strength than hearing ‘Welcome to Trump International Airport’ as they land on American soil.”

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Market News and Data brought to you by Benzinga APIs

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VT Markets Anticipates Cryptocurrency Growth from Policy Changes and Market Momentum in 2025 Q1 Economic Outlook

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VT Markets Anticipates Cryptocurrency Growth from Policy Changes and Market Momentum in 2025 Q1 Economic Outlook

HONG KONG SAR – Media OutReach Newswire – 13 January 2025 – VT Markets, an award-winning financial services provider, today releases its 2025 Q1 Economic Outlook. The report highlights how the dual tailwind of favourable policies and market dynamics will propel the cryptocurrency sector into a new era of mainstream adoption. The report also underscores the transformative strides achieved by cryptocurrencies in 2024, which sets the stage for further growth in the upcoming year.

2024 As A Landmark Year for Cryptocurrency

With the conclusion of the 2024 U.S. Presidential election, cryptocurrencies have ascended from niche assets to mainstream investment products. Political developments, particularly arising President Trump’s re-election and his pro-cryptocurrency stance, acted as the main catalyst for this phenomenon. Participants observed Bitcoin’s price surging by over 40%, crossing $108,000 by year-end anticipating dovish policy shifts and renewed investor confidence towards the digital asset.

Key regulatory appointments, such as naming crypto advocate Hester Peirce as SEC Chair, signalled to the market a shift towards a more favourable regulatory framework, instilling optimism in institutional and retail investors alike.

The Rise of Spot Bitcoin ETFs

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In early 2024, the U.S. SEC approved multiple spot Bitcoin ETFs; a significant breakthrough for the cryptocurrency industry then. By year-end, assets under management for these ETFs grew from $28.8 billion to $110 billion. Among them, BlackRock’s IBIT ETF stood out, achieving record-breaking $30 billion AUM in under 300 days.

This development not only validated cryptocurrencies as a mainstream investment class but also paved the way for wider institutional participation. The integration of cryptocurrency into traditional finance is seen as a key step toward standardisation – an issue which has plagued the industry since its inception.

Liquidity and Risk Appetite Fuel Growth

Macroeconomic conditions, including the Federal Reserve’s shift towards an easing monetary policy, contributed to increased market liquidity and higher risk asset valuations. Cryptocurrencies, known for their high-risk, high-reward profile, inevitably emerged as a preferred choice for portfolio diversification, further driving their adoption and price momentum.

2025 Will Be A Year of Regulatory Clarity and Technological Innovation

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Looking ahead, the cryptocurrency sector is poised for greater regulatory clarity and broader market acceptance globally:

United States: Expected legislation on stablecoins and other crypto assets will a establish a clear regulatory environment.

European Union: The upcoming implementation of the Markets in Crypto-Assets Regulation (MiCA) will enhance transparency and compliance.

Asia-Pacific: Singapore and Hong Kong are set to strengthen their positions as regional crypto hubs, promoting Web3 development and reopening licensing opportunities for exchanges.

Emerging Markets: Countries like Brazil, the UAE, Australia, and South Africa are advancing efforts to legitimize cryptocurrencies, potentially becoming regional leaders in the sector.

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A New Era for Mainstream Cryptocurrency Adoption

The VT Markets’ Research Desk suggests that the confluence of supportive policies, transparent regulations, and robust market conditions will accelerate the mainstream adoption of cryptocurrencies.

They believe that this transition from speculative assets to recognised investment products will be a pivotal moment in financial innovation.

https://www.linkedin.com/company/89310903/admin/feed/posts/

https://www.facebook.com/VTMarketsCN

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Hashtag: #VTMarkets #CFDs #CFDsbrokers #cryptocurrency #Bitcoin #bitcointrading

The issuer is solely responsible for the content of this announcement.

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