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15 Best Crypto Presales in 2024 [New List] x100 Moonshots

Digital Finance News Staff

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15 Best Crypto Presales in 2024 [New List] x100 Moonshots

New to the digital currency world ?  We are showcasing you a curated list of the top initial coin offerings (ICOs) poised for exponential growth. This guide delves into the best crypto presale and best ICO projects, offering detailed insights into each one’s potential to change various sectors within the blockchain space.

The selected presales are not just opportunities; they are gateways to participating in ground-breaking projects that combine cutting-edge technology with innovative business models. These presales have been chosen for their robust technical foundations, clear and achievable roadmaps, and the potential to deliver high returns on investment. 

Leading the list of the best ICOs of 2024, EarthMeta distinguishes itself with its ambitious technological foundations and its vision to forge a fully immersive and economically viable digital world. It is followed by other projects like Sealana, WienerAI, and Mega Dice, each offering unique contributions to the sector.

Each project is thoroughly analyzed, highlighting key features such as tokenomics, underlying technology, team expertise, and strategic partnerships, which are critical for assessing their long-term viability and growth potential.

We are listing here promising ICOs by providing a strategic framework for investors to evaluate each opportunity. It discusses the market trends that make these ICOs stand out and how they are positioned to take advantage of the current economic landscape. Our list also offers practical advice on navigating the complexities of ICO investments, from understanding legal considerations to evaluating market sentiment and risk factors.

Whether you are looking to diversify your investment portfolio or seeking to capitalize on the next big trend in crypto, our article 15 Best Crypto Presale in 2024 is your go-to guide for understanding where to invest and why these opportunities are considered the cream of the crop in a sea of digital currency ventures.

List of the 15 Best Crypto Presales to buy this year with their calendar date – The next x100 : 

  • EarthMeta ($EMT) – AI-driven Metaverse platform for decentralized governance and digital real estate.
  • Sealana ($SEAL) – Meme culture meets blockchain on Solana.
  • WienerAI ($WAI) – AI-enhanced crypto trading with zero fees.
  • Mega Dice ($DICE) – Blockchain casino sharing profits with token holders.
  • 99Bitcoins ($99BTC) – Earn tokens by learning crypto basics.
  • DogLibre ($DOGL) – Meme coin for dog welfare and community projects.
  • Soldiers of Solana ($SDRS) – Interactive gaming with token rewards on Solana.
  • PlayDoge ($PLAY) – Blockchain-based virtual pet gaming.
  • FortifiedX ($FX) – Hybrid crypto exchange with traditional financial reliability.
  • Gaugecash ($GAUI) – Decentralized system tackling global financial issues.
  • Xuirin ($XUIR) – DeFi platform with AI-enhanced lending.
  • SatoshiDEX ($SATX) – Decentralized exchange on the Bitcoin network.
  • Funky Frog ($FRO) – Gaming and trading in a meme-driven ecosystem.
  • Kaspa Nexus ($KSPNX) – Accessible crypto mining on the Kaspa blockchain.
  • OPZ ($OPZ) – AI-powered wallet and exchange for optimal trading.

EarthMeta ($EMT) : Our Top Pick for the best Presale ICO of the year

EarthMeta.AI is probably the best ICO Crypto Presale of 2024 with an ambitious project set to redefine the Metaverses projects alike by seamlessly integrating cutting-edge AI technology. Recognized by many media and crypto experts as one of the best ICOs in the crypto space, this platform enables users to own, govern, and economically interact within a fully decentralized digital world. 

The platform is comprised of several pivotal components:

  • EarthMeta Core: The best presale hub for trading virtual real estate.
  • EarthMeta Token: Central to staking, farming, and trading NFTs, this token is a cornerstone of the best crypto investment strategies.
  • EarthMeta AR & Wallet: Innovatively combines augmented reality experiences with robust financial management tools.
  • EarthMeta Marketplace: A dynamic space for seamless transactions.

For early investors, EarthMeta.AI token offers compelling incentives to join during the presale phase, which provides a strategic entry point. Investors can benefit from an impressive +180% APY on staking rewards and a +30% token bonus on presale participation. Additionally, early birds have the exclusive opportunity to receive Free NFT Cities, enhancing the value proposition.

The token distribution is meticulously planned, with allocations dedicated to innovation, ecosystem development, marketing, and operational expenses, ensuring a sustainable economic model poised for long-term success.

Backed by the blockchain technology, EarthMeta not only enhances security but also ensures transparency in all transactions and governance processes. As a pioneer in the AI-driven Metaverse domain, EarthMeta is poised to captivate the attention of enthusiasts and analysts across the AI, Metaverse, and crypto sectors. This positions EarthMeta.AI as a top-tier investment opportunity in the burgeoning world of virtual environments.

>>> Learn more about EarthMeta.AI  <<<

2. Sealana ($SEAL)

If you’re more an aficionado of meme coins, Sealana is a unique opportunity by merging meme culture with blockchain utility on the Solana network. This project capitalizes on the community’s love for memes, presenting a digital asset, $SEAL, with tangible utility beyond speculative trading. Purchasing $SEAL during the presale allows investors to engage at the ground level of a potentially viral token. The straightforward purchase process through ETH, SOL, USDT, and USDC enhances accessibility for a broad audience. Additionally, Sealana plans to introduce governance features, giving token holders influence over project decisions. This not only fosters a strong community but also aligns with the decentralized nature of blockchain. The project’s roadmap outlines clear stages for growth and expansion, promising continuous development and engagement initiatives. Early investors in Sealana might find it particularly appealing due to the planned exclusive content and potential for substantial community-driven value appreciation.

3. WienerAI ($WAI)

WienerAI is integrating AI in crypto trading to provide market predictive analytics and automated trading strategies. The $WAI token offers utility in accessing these advanced features, aimed at enhancing trading efficacy and reducing the time traders spend analyzing complex market data. The AI-driven platform is user-friendly, catering to both novice and experienced traders. With no transaction fees, WienerAI stands out among other trading platforms, offering cost efficiency. Its recent successful audit underscores its commitment to security and operational reliability, increasing its attractiveness to cautious investors. The presale phase has shown promising engagement, suggesting a robust demand for AI-enhanced trading solutions in the crypto space. WienerAI’s roadmap includes continuous development of AI capabilities and expansion of its trading tools, aiming to keep the platform at the cutting edge of technology and market demands.

>>> Learn more about the Best Crypto Presale to Buy Now – The next x100 <<<

4. Mega Dice ($DICE)

Mega Dice aims to redefine online gambling by integrating it with decentralized finance, offering a blockchain-based casino that accepts $DICE tokens. This platform promises transparency and fairness, leveraging smart contracts to ensure every game is provably fair. Investors buying into the presale get early access to a platform that offers a wide array of games and betting options. Beyond gaming, Mega Dice shares a portion of daily casino profits with token holders, providing an additional incentive. The project’s commitment to building a sustainable and ethical gaming platform is evident in its detailed tokenomics and planned expansion into other gaming areas. Mega Dice’s roadmap suggests growth beyond a traditional online casino into a comprehensive gaming ecosystem with potential global reach. This presale is particularly attractive for investors looking for entertainment value alongside potential earnings.

5. 99Bitcoins ($99BTC)

99Bitcoins introduces an innovative Learn-to-Earn platform that rewards users with $99BTC tokens for engaging with educational content on cryptocurrencies. This approach not only incentivizes learning but also deepens users’ understanding and participation in the crypto market. The token serves as a reward mechanism, allowing users to earn while they learn, potentially attracting a diverse user base from crypto novices to those looking to expand their knowledge. The platform’s use of interactive content and quizzes helps maintain user engagement and retention. With a presale offering early access to the platform’s features and rewards, 99Bitcoins presents a unique opportunity for investors interested in the educational aspect of crypto and blockchain technology. The project’s roadmap features continuous development, with plans for more advanced courses and a broader range of topics, aiming to become a comprehensive educational resource in the crypto space.

6. DogLibre ($DOGL)

DogLibre is a meme coin with a mission, focusing on improving dog welfare through blockchain technology. The project combines elements of meme culture with real-world utility, including pet care services and gamified NFTs that contribute to animal welfare projects. By participating in the presale, investors can support initiatives aimed at providing care and resources for dogs worldwide. DogLibre plans to develop a decentralized application (dApp) that offers various user engagement opportunities, such as staking and gameplay, to earn rewards. The roadmap outlines a phased approach to introducing features and expanding the project’s reach, aiming to create a robust community of dog lovers and crypto enthusiasts. This presale is particularly appealing to those who wish to combine their passion for animals with their investment activities, offering both emotional and financial incentives.

7. Soldiers of Solana ($SDRS)

Soldiers of Solana introduces a unique concept where blockchain meets interactive gaming. This ICO offers $SDRS tokens, which players use within a gamified ecosystem to participate in team battles and community challenges. The platform incentivizes participation and engagement by rewarding players with tokens for their activity and success in games. The presale offers a chance to buy into a project with significant potential for community building and interactive engagement. The use of Solana blockchain ensures high transaction speed and low fees, enhancing the gaming experience. The project promises a diverse set of gaming features, including NFTs that represent different military ranks, adding layers of strategy and depth to the interaction. Investors interested in gaming and blockchain technology might find Soldiers of Solana an attractive opportunity due to its innovative integration of these fields.

>>> Participate now to the Best Crypto Presale <<<

8. PlayDoge ($PLAY)

PlayDoge revives the nostalgia of the Tamagotchi-era through a modern play-to-earn model, offering users a virtual pet that lives on the blockchain. Investors buying $PLAY tokens in the presale gain access to a platform where they can earn by caring for their digital pet. This P2E model incentivizes players to engage with the app consistently to maintain their pet’s health and happiness, rewarding them with tokens for their efforts. The PlayDoge game includes a variety of mini-games and activities that require active participation, ensuring that users are continually engaged. The roadmap includes plans for expanding the types of pets and games available, potentially increasing the platform’s appeal. PlayDoge’s use of blockchain technology ensures secure ownership and transfer of in-game assets, making it a safe investment for those interested in the merging of gaming and crypto.

9. FortifiedX ($FX)

FortifiedX is set to disrupt the cryptocurrency exchange market by introducing a hybrid model that combines the reliability of traditional finance with the innovation of blockchain technology. The $FX token presale is an opportunity for investors to support a platform that promises lower fees, enhanced security, and improved accessibility. FortifiedX aims to address common issues such as lack of transparency, poor customer support, and high fees, which plague many current exchanges. The platform will feature a robust matching engine and user-friendly interface, making it suitable for both experienced traders and newcomers. The roadmap highlights the development of additional tools such as futures trading and staking, broadening its appeal. Investors in FortifiedX are essentially backing a project that could become a leader in the new age of digital currency exchanges.

10. Gaugecash ($GAUI)

Gaugecash introduces a revolutionary approach to handling global financial issues such as inflation and currency devaluation through a decentralized monetary system. $GAUI tokens are central to this system, providing a stable, reliable means of transaction free from traditional banking risks. The presale allows investors to buy into a project aimed at reshaping the financial landscape globally. Gaugecash’s use of blockchain technology ensures transparency and security, while its unique monetary policy aims to maintain stability and prevent inflation. The project’s roadmap includes strategic partnerships and global branding initiatives to establish $GAUI as a viable alternative to traditional currencies. Investing in Gaugecash could appeal to those looking for a way to influence future financial systems and advocate for broader adoption of decentralized solutions.

11. Xuirin ($XUIR)

Xuirin plans to be THE decentralized finance (DeFi) by offering a suite of services that includes a non-custodial, multi-chain wallet, AI-enhanced P2P lending, and futuristic DeFi debit cards. The $XUIR token presale gives investors early access to a platform designed to streamline and secure online transactions across multiple blockchains. Xuirin’s comprehensive approach to DeFi promises to deliver a better user experience by simplifying the interaction with decentralized products and increasing accessibility. The platform’s integration of AI technology aims to provide users with smart lending options and improved financial management tools. The roadmap outlines a clear plan for the development and release of these features, ensuring ongoing enhancement of the platform. Xuirin is an ideal investment for those who believe in the future of DeFi and are looking for a comprehensive ecosystem that supports a wide range of crypto-financial activities.

12. SatoshiDEX ($SATX)

SatoshiDEX introduces a decentralized exchange built on the Bitcoin network, which is a first of its kind. The platform allows trading without the need for wrapping assets or incurring high fees associated with other blockchains like Ethereum. It offers a secure, stable trading environment that leverages Bitcoin’s proven infrastructure. The SatoshiDEX ICO provides early access to $SATX tokens, which can be staked for passive rewards, aligning with the growing interest in earning through crypto holdings. The platform’s use of Bitcoin’s blockchain adds an extra layer of security and robustness, making it a standout in the DeFi space. As the first DEX on Bitcoin, SatoshiDEX could capture a unique market position, appealing to investors looking for innovation in a familiar ecosystem. The ICO is backed by a comprehensive whitepaper and a clear roadmap that outlines the platform’s future development, including enhancements in transaction throughput and global network effects.

>>> Learn more about the Best Crypto Presale to Buy Now <<<

13. Funky Frog ($FRO)

Funky Frog is a project that infuses humor and community spirit into the crypto world, leveraging the universal appeal of memes. This ICO offers $FRO tokens, which are integrated into a broader ecosystem involving gaming, trading, and staking. Funky Frog aims to build a vibrant community of meme enthusiasts and gamers, offering them multiple ways to engage and profit from the ecosystem. The platform’s roadmap includes launching a series of community events and NFTs, enhancing its appeal among crypto and meme fans alike. By participating in the presale, investors can gain early access to a project that promises fun and potential profits in an expanding market. Funky Frog’s use of detailed tokenomics and a transparent presale process reassures investors of its commitment to fairness and growth.

14. Kaspa Nexus ($KSPNX)

Kaspa Nexus emerges as an innovative platform in the realm of cryptocurrency mining, democratizing access to mining operations. It utilizes the Kaspa blockchain’s features of speed and scalability to offer cloud mining solutions that are accessible to a wider audience, regardless of their technical expertise. The ICO for $KSPNX tokens allows participants to contribute to and benefit from the mining process without the traditional barriers associated with it. The project promises a decentralized and user-friendly mining experience, supported by a detailed roadmap that includes the development of a stake-to-mine protocol. Kaspa Nexus aims to lower entry barriers, enhance transparency, and maximize efficiency in crypto mining, making it a compelling choice for those interested in sustainable and profitable mining practices.

15. OPZ ($OPZ)

OPZ introduces a combined wallet and exchange solution enhanced with artificial intelligence, aiming to revolutionize trading and asset management in the crypto space. This ICO offers investors the opportunity to be part of a platform that combines high-tech AI analytics with practical trading tools in one seamless interface. The OPZ platform supports trading across multiple cryptocurrencies and provides strategic trading insights powered by AI, aiming to give users an edge in the fast-paced crypto market. The project’s roadmap highlights ambitious developments including the integration of advanced security features and multi-chain compatibility, ensuring that OPZ remains at the forefront of technology. By investing in the OPZ ICO, participants gain access to the platform that promises high returns and operational efficiency.

Final Thoughts: 

The crypto landscape in 2024 presents a diverse array of presale opportunities, each offering unique innovations and potential for significant returns. On top of our Compete list of 15 Best crypto presales, projects like EarthMeta, Sealana, and WienerAI exemplify how blending advanced technologies such as AI and blockchain with sector-specific utilities can create compelling investment opportunities. 

However, while the potential for high returns is notable, it’s crucial for investors to conduct thorough due diligence. Understanding the underlying technologies, market trends, and the project’s strategic plans is essential. 

In essence, the best presales cryptocurrencies of 2024 hold promising prospects but require careful evaluation and strategic planning to capitalize on their potential effectively.

Are you intrigued by the EarthMeta presale? Visit the official EarhMeta website to learn more before the next price increase.

Which presale crypto should I buy in 2024?

EarthMeta ($EMT) is highlighted as a top choice due to its ambitious integration of AI technology with a Metaverse platform, aiming to redefine virtual real estate and digital interactions​​.

What are the best ICOs to invest in for 2024?

The best ICOs for 2024 include EarthMeta ($EMT), Sealana ($SEAL), WienerAI ($WAI), and Mega Dice ($DICE), each noted for unique contributions to their respective sectors​​.

How do I choose the best presale crypto investment for 2024?

When selecting the best presale crypto investment, consider factors like the project’s technological foundation, the expertise of the team, strategic partnerships, and the potential for high returns on investment​​.What are the top-rated ICOs launching in 2024?

Top-rated ICOs for 2024 feature EarthMeta, Sealana, WienerAI, and Mega Dice, distinguished by their innovative approaches and potential market impact​​.

Which presale cryptocurrencies offer the highest potential in 2024?

Cryptocurrencies like EarthMeta, Sealana, and Mega Dice offer high potential due to their innovative business models and technological advancements​​.

What are the most anticipated crypto presales of 2024?

The most anticipated crypto presales of 2024 include EarthMeta, due to its pioneering AI-driven Metaverse model, and others like Sealana and WienerAI​​.

How can investors identify the best ICOs of 2024?

Investors should look for ICOs with robust technical solutions, clear roadmaps, strategic partnerships, and a strong market positioning to address current economic landscapes​​.

What makes a crypto presale the best choice in 2024?

A crypto presale stands out as the best choice if it offers a groundbreaking technological foundation, substantial market demand, and clear benefits for early investors, such as bonus tokens or high staking rewards​​.

What are the benefits of investing in the best ICO of 2024?

Investing in the best ICOs of 2024, like EarthMeta, can provide benefits like high return on investment, participation in innovative projects, and early access to tokens at a lower price with additional incentives such as bonus tokens or staking rewards​​.

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We are the editorial team of Digital Finance News, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on Digital Finance News, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Today’s top crypto gainers and losers

Digital Finance News Staff

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Jupiter and JasmyCoin lead the rally: Top crypto gainers and losers of the day

Over the past 24 hours, Jupiter and JasmyCoin emerged as the top gainers among the top 100 crypto assets, while Bittensor and Mantra plunged as the top losers.

Top Winners

Jupiter

Jupiter (JUP) led the charge among the biggest gainers on July 27.

At the time of writing, the crypto asset had surged 12.6% in the past 24 hours and was trading at $1.16. JUP’s daily trading volume was hovering around $282 million, according to data from crypto.news.

JUP Hourly Price Chart, July 26-27 | Source: crypto.news

Additionally, the cryptocurrency’s market cap stood at $1.56 billion, making it the 62nd largest crypto asset, according to CoinGecko. Despite the recent price surge, the token is still down 42.6% from its all-time high of $2 reached on Jan. 31.

Jupiter functions as a decentralized exchange aggregator that allows users to trade Solana-based tokens. The platform also offers users the best routes for direct trades between multiple exchanges and liquidity pools.

In addition to being a DEX aggregator, Jupiter has expanded into a “full stack ecosystem” by launching several new projects, including a dedicated pool to support perpetual trading and plans for a stablecoin.

JasmyCoin

JasmyCoin (JASMI) has increased by 12% in the last 24 hours and is trading at $0.0328 at press time. JASMY’s daily trading volume has increased by 10% in the last 24 hours, reaching $146 million.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 2

JASMY Hourly Price Chart, July 26-27 | Source: crypto.news

The asset’s market cap has surpassed the $1.5 billion mark, making it the 60th largest cryptocurrency at the time of reporting. However, the self-proclaimed “Bitcoin of Japan” is still down 99.3% from its all-time high of $4.79 on February 16, 2021.

JASMY is the native token of Jasmy Corporation, a Japanese Internet of Things provider. The platform seeks to merge the decentralization of blockchain technology with IoT, allowing users to convert their digital information into digital assets.

The initiative was launched by Kunitake Ando, ​​former COO of Sony Corporation, along with Kazumasa Sato, former CEO of Sony Style.com Japan Inc., Hiroshi Harada, executive financial analyst at KPMG, and other senior executives from Japan.

Kaspa

Kaspa (KAS) saw a 100% increase in trading volume and an 8% increase in price over the past 24 hours, trading at $0.19 at the time of publication.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 3

KAS Hourly Price Chart, July 26-27 | Source: crypto.news

According to data from CoinGecko, Kaspa now ranks 27th in the global cryptocurrency list, with a circulating supply of approximately 24.29 billion KAS tokens and a market capitalization of $4.59 billion.

Kaspa is a cryptocurrency designed to deliver a high-performance, scalable, and secure blockchain platform. Its unique Layer-1 protocol includes the GhostDAG protocol, a proof-of-work (PoW) consensus mechanism that enables faster block times and higher transaction throughput compared to standard blockchains.

Unlike Bitcoin, GhostDAG allows multiple blocks to be created simultaneously, speeding up transactions and increasing block rewards for miners.

Bonk

Bonk (BONK) is the only one coin meme which made it to this list of biggest gainers and jumped 8.6% in the last 24 hours. Trading at $0.000030, the Solana-based meme coin’s market cap has surpassed $2.1 billion, surpassing Floki (FLOKI), another competing dog-themed coin with a market cap of $1.78 billion.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 4

BONK Hourly Price Chart, July 26-27 | Source: crypto.news

BONK’s daily trading volume hovered around $285 million. However, BONK is still down 33.5% from its all-time high of $0.000045, reached on March 4.

Bonk, a meme coin that rose to prominence in 2023, has contributed significantly to Solana’s value increase amid the meme coin frenzy.

Bonk started out as a simple dog-themed coin. It has since expanded its features to include integration with decentralized finance. The project also partners with cross-chain communication protocols, NFT marketplaces, and various other cryptocurrency ecosystems.

BONK trading pairs are now listed on major exchanges including Binance, Coinbase, OKX, and Bitstamp.

The big losers

Bittensor

Bittensor (TAO) was the biggest loser among the 100 largest crypto assets, according to data from CoinGecko.

At the time of writing, TAO, the native token of decentralized AI project Bittensor, was down 5%, trading around $344. The crypto asset had a daily trading volume of $59 million and a market cap of $2.43 billion.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 5

TAO 24 Hour Price Chart | Source: CoinGecko

Bittensor, created in 2019 by AI researchers Ala Shaabana and Jacob Steeves, initially operated as a parachain on Polkadot before transitioning to its own layer-1 blockchain in March 2023.

Mantra

Mantra (OM) fell 6%, trading at $1.13 at press time. The digital currency’s market cap fell to $938 million. Additionally, the 82nd largest crypto asset has a daily trading volume of $26 million.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 6

OM Price Hourly Chart, July 26-27 | Source: crypto.news

Mantra is a modular blockchain network comprising two chains, Manta Pacific and Manta Atlantic, specialized in zero-knowledge applications.

Coat

Coat (MNT) also saw a 2.4% drop in price, now trading at $0.8413. Currently, Mantle has a market cap of around $2.75 billion, which ranks 36th in the global cryptocurrency rankings by market cap, according to price data from crypto.news.

Jupiter and JasmyCoin lead the rally: Today's top crypto gainers and losers - 7

MNT Hourly Price Chart, July 26-27 | Source: crypto.news

Over the past 24 hours, MNT trading volume also fell by 6%, reaching $240 million.

Mantle, formerly known as BitDAO, is an investment DAO closely associated with Bybit. The MNT token is essential for governance, paying gas fees on the Mantle network, and staking on various platforms.

Built on the Ethereum network, Mantle provides a platform for decentralized application developers to launch their projects. It has become particularly popular for GameFi applications, leading to the formation of an internal Web3 gaming team.

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Bitcoin Price Drops to $67,000 Despite Trump’s Pro-Crypto Comments, Further Correction Ahead?

Digital Finance News Staff

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Bitcoin Price Drops to $67,000 Despite Trump’s Pro-Crypto Comments, Further Correction Ahead?

Pioneer cryptocurrency Bitcoin has registered a 1.13% decline in the past 24 hours to trade at $67,400. Despite a strong pro-crypto stance from US presidential candidate Donald Trump at the Bitcoin 2024 conference, this massive selloff has raised concerns in the market about the asset’s sustainability at a higher price. However, given the recent three-week rally, a slight pullback this weekend is justifiable and necessary to regain the depleted bullish momentum.

Bitcoin Price Flag Formation Hints at Opportunity to Break Beyond $80,000

The medium-term trend Bitcoin Price remains a sideways trend amidst the formation of a bullish flag pattern. This chart pattern is defined by two descending lines that are currently shaping the price trajectory by providing dynamic resistance and support.

On July 5, BTC saw a bullish reversal from the flag pattern at $53,485, increasing its asset by 29.75% to a high of $69,400. This recent spike followed the market’s positive sentiment towards the Donald Trump speech at the Bitcoin 2024 conference in Nashville on Saturday afternoon.

Bitcoin Price | Tradingview

In his speech, Trump outlined several pro-crypto initiatives: he promised to replace SEC Chairman Gary Gensler on his first day in office, to establish a Strategic National Reserve of Bitcoin if elected, to ensure that the U.S. government holds all of its assets. Bitcoin assets and block any attempt to create a central bank digital currency (CBDC) during his presidency.

He also claimed that under his leadership, Bitcoin and cryptocurrencies will skyrocket like never before.

Despite Donald Trump’s optimistic promises, the BTC price failed to reach $70,000 and is currently trading at $67,400. As a result, Bitcoin’s market cap has dipped slightly to hover at $1.335 trillion.

However, this pullback is justified, as Bitcoin price has recently seen significant growth over the past three weeks, which has significantly improved market sentiment. Thus, price action over the weekend could replenish the depleted bullish momentum, potentially strengthening an attempt to break out from the flag pattern at $70,130.

A successful breakout will signal the continuation of the uptrend and extend the Bitcoin price forecast target at $78,000, followed by $84,000.

On the other hand, if the supply pressure on the upper trendline persists, the asset price could trigger further corrections for a few weeks or months.

Technical indicator:

  • Pivot levels: The traditional pivot indicator suggests that the price pullback could see immediate support at $64,400, followed by a correction floor at $56,700.
  • Moving average convergence-divergence: A bullish crossover state between the MACD (blue) and the signal (orange) ensure that the recovery dynamics are intact.

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Frequently Asked Questions

A CBDC is a digital form of fiat currency issued and regulated by a country’s central bank. It aims to provide a digital alternative to traditional banknotes.

The proposal for a strategic national Bitcoin reserve is a major confirmation of Bitcoin’s legitimacy and potential as a reserve asset. Such a move could position Bitcoin in a similar way to gold, potentially stabilizing its price and encouraging other countries to adopt similar strategies.

Conferences like Bitcoin 2024 serve as essential platforms for networking, knowledge sharing, and showcasing new technologies within the cryptocurrency industry.

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Swiss crypto bank Sygnum reports profitability after surge in first-half trading volumes – DL News

Digital Finance News Staff

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Swiss crypto bank Sygnum reports profitability after surge in first-half trading volumes – DL News
  • Sygnum says it has reached profitability after increasing transaction volumes.
  • The Swiss crypto bank does not disclose specific profit figures.

Sygnum, a Swiss global crypto banking group with approximately $4.5 billion in client assets, announced that it has achieved profitability after a strong first half, with key metrics showing year-to-date growth.

The company said in a Press release Compared to the same period last year, cryptocurrency spot trading volumes doubled, cryptocurrency derivatives trading increased by 500%, and lending volumes increased by 360%. The exact figures for the first half of the year were not disclosed.

Sygnum said its staking service has also grown, with the percentage of Ethereum staked by customers increasing to 42%. For institutional clients, staking Ethereum has a benefit that goes beyond the limitations of the ETF framework, which excludes staking returns, Sygnum noted.

“The approval and launch of Bitcoin and Ethereum ETFs was a turning point for the crypto industry this year, leading to a major increase in demand for trusted, regulated exposure to digital assets,” said Martin Burgherr, Chief Client Officer of Sygnum.

He added: “This is also reflected in Sygnum’s own growth, with our core business segments recording significant year-to-date growth in the first half of the year.”

Sygnum, which has also been licensed in Luxembourg since 2022, plans to expand into European and Asian markets, the statement said.

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Former White House official Anthony Scaramucci says cryptocurrency bull market could be sparked by regulatory clarity

Digital Finance News Staff

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Former White House official Anthony Scaramucci says cryptocurrency bull market could be sparked by regulatory clarity

Anthony Scaramucci, founder of Skybridge Capital, says the next cryptocurrency bull market could be sparked by a new wave of clear cryptocurrency regulations.

In a new interview On CNBC’s Squawk Box, the former White House communications director said he and two other prominent industry figures traveled to Washington, D.C. to speak to officials about the dangers of Sen. Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s hardline approach to cryptocurrency regulation.

“Mark Cuban, myself, and Michael Novogratz were in Washington a few weeks ago to speak with White House officials and explain the dangers of Gary Gensler and Elizabeth Warren’s anti-crypto approach. I hope that message gets through…

“Overall, if we can get regulatory policy around Bitcoin and crypto assets in sync, we will have a bull market next year for these assets.”

Scaramucci then compares crypto assets to ride-hailing company Uber, saying regulators were initially wary of the service but eventually decided to adopt clear guidelines due to public demand.

“Remember Uber: Nobody wanted Uber. A lot of regulators didn’t want it. Mayors and deputy mayors didn’t want it, but citizens wanted Uber and eventually accepted the idea of ​​regulating it fairly. I think we’re there now.”

The CEO also says young Democratic voters believe their leaders are making the wrong choices when it comes to digital assets.

“I think President Trump’s move toward Bitcoin and crypto assets has shaken Democrats to their core, and I think very smart, younger Democrats are recognizing that they are completely off base with their positions, completely off base with these SEC lawsuits and regulation by law enforcement, and now they need to get back to the center.”

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