The Business And Technology Network

The post Cosmos Ecosystem Giant Interchain Foundation Sells 21,600 ETH Worth $55 Million appeared first on Coinpedia Fintech News

The Interchain Foundation, a key contributor to the Cosmos ecosystem, has sold 21,600 ETH since April 2024, securing $55.97 million. Over the years, the foundation has strategically liquidated 4,499 BTC and 223,305 ETH, amassing around $132.2 million. Despite these notable sales, the foundation continues to hold substantial reserves, signaling its sustained involvement in the crypto space. The move highlights their strategic management of assets while ensuring long-term support for the Cosmos ecosystem.

The post The Secrets to Successful Bitcoin Trading appeared first on Coinpedia Fintech News

The highly dynamic cryptocurrency market demands investors to adapt continually for enhanced profitability. Discover the insider strategies of Bitcoin trading, renowned for its ability to yield substantial returns in short spans. It is a draw for both seasoned and novice investors alike. However, despite its allure, crypto trading harbors the risks of swiftly eroding your portfolio. Hence, mastering risk management and seizing opportunities are imperative for maximizing profits.

Cryptocurrencies have opened doors for many to achieve millionaire status, with some making crypto trading their full-time occupation, using profits to lead comfortable lives. Success in this field often hinges on executing proven strategies, and here are the most effective ones. However, it is crucial to acknowledge the inherent risks of cryptocurrency trading, which can lead to substantial losses. Yet, there are tactics to enhance the likelihood of significant profits from trading crypto, detailed below.

Conduct Thorough Market Research

To navigate the ever-shifting landscape, conducting a thorough market analysis is crucial. Given Bitcoin volatility, accurately forecasting price movements is challenging, necessitating a comprehensive understanding of market dynamics. Utilize the plethora of market analysis tools crypto exchanges provide and stay abreast of industry developments to make informed decisions. Research involves identifying reputable crypto exchanges and scrutinizing crypto assets transparency, reputation, and whitepapers. Analyzing charts and market trends is essential for recognizing patterns and making informed trading decisions.

Diversify Your Portfolio

Diversification is critical to financial security. While Bitcoin may offer substantial gains, spreading investments across multiple assets safeguards against losses during market downturns. Spreading investments across various digital assets and other platforms like a casino reduces volatility impact and risk exposure. Establishing specific profitability goals enables you to assess trade success and adjust strategies as needed while remaining realistic. Setting strict risk management rules, investing what you can afford to lose, and diversifying your investments are crucial strategies.

Start Small

Approach trading with caution, resisting the urge to invest all at once. Starting small and employing strategies like Dollar Cost Averaging mitigate risk exposure while ensuring a steady revenue stream. Establishing specific profitability goals enables you to assess trade success and adjust strategy as needed while remaining realistic. Implementing stop-loss orders allows for limiting potential losses by automatically closing trades at predetermined price levels.

Consider Long-Term Trading

Consider adopting a buy-and-hold strategy for long-term Bitcoin investments. While short-term trading styles may yield regular but lower profits, holding onto Bitcoin over time capitalizes on its projected long-term growth, potentially generating significant returns. Crafting and sticking to a well-defined trading strategy, such as swing trading, enhances consistency and success in the volatile crypto market.

Educate Yourself

Understanding cryptocurrencies, their underlying technologies, and market dynamics is paramount. Enrolling in cryptocurrency trading courses, exploring online resources like YouTube and crypto blogs, and participating in trading forums are invaluable learning.

Conclusion

While crypto trading presents lucrative opportunities, success demands thorough education, diligent research, disciplined risk management, and continuous learning from experiences. Implementing strategies can boost your trading journey and improve returns. Success in Bitcoin trading relies on market knowledge, a sound strategy, and risk tolerance. By implementing strategies, investors navigate the market more confidently, maximizing returns while minimizing risks.

The post XRP Launches a Bullish Attack as Gensler Steps Down as SEC’s Chair—How High Can XRP Price Go in 2024? appeared first on Coinpedia Fintech News

Market sentiments have turned extremely bullish, and Bitcoin is about to hit the $100K milestone anytime soon. While the other altcoins trade within a narrow range, the XRP price is preparing for a monstrous rally, as the technicals, fundamentals, and eternal factors have all flipped in favour of the token. With this, the expectation of a 50% run through the upcoming week has emerged, which could pave the way for a new ATH before the end of the year. 

In a recent update, SEC Chair Gary Gensler, who was pretty stringent on the crypto community, is all set to step down from his position. The president-elect, Donald Trump, in his election campaign had assured to remove him. Still, this move ahead of the induction of the new government is expected to kick-start a fresh upswing within the crypto markets. Soon after this, the Bitcoin price broke out of the range and is about to achieve the milestone; meanwhile, the XRP price launched a 25% rise to secure levels above $1.3. 

Now that the token has exploded over 30% in the past 24 hours, can the XRP price reach $2 by the end of the month?

The historical pattern suggests the XRP price is trying to follow the previous run, which triggered a massive rally towards the ATH. Presently, the price has broken out from a similar decisive triangle and if it replicates the previous one, then the token may face a small pullback before triggering the next price action. However, the changed market sentiments are expected to revive a strong ascending trend towards the new ATH, probably forming a double-digit figure. 

Meanwhile, the volume remains the major constraint. Previously in 2018, there were a bunch of cryptos for the traders to invest in. However, with the emergence of memecoins, AI tokens, DeFi tokens, etc., the XRP price may not alone attract massive liquidity. Therefore, the bull run may certainly not replicate the previous one, but the XRP price remains primed to form a new ATH close to $5, probably in 2025. 

The post Ethereum Price Rebound Targets $3,900 As Sui Eyes $5: Crypto Gurus Reveal Why Lunex Network is About to Explode In Q4 appeared first on Coinpedia Fintech News

The Ethereum price retreated to around $3,058 on November 18 from a month-high of $3,445. This retreat means the ETH token has moved into a local technical correction after falling by over 10% from its highest level this month. However, despite the dip, Ethereum still has a bullish outlook and is set to rebound soon.

On the other hand, Sui has been one of the top-performing crypto tokens, with a weekly surge of over 17%. The SUI price has also managed to record new highs as a new presale gem known as Lunex Network continues to attract major investors with an over 158% surge.

Lunex Network Presale Hits $2.95M In Raised Revenue

Lunex Network continues to capture investor attention with its innovative DeFi protocol, emphasizing trading efficiency and cross-chain compatibility. The project aims to deliver institutional-grade liquidity, offering fast yet effective trade execution while maintaining decentralization principles.

Moreover, its aggregator protocol pools liquidity along multiple exchanges, ensuring users can access the best possible rates. The Lunex Network non-custodial platform ensures trades keep complete ownership of their money. The platform has also eliminated the rigid KYC requirements commonly associated with most platforms.

In its presale stages, Lunex Network has already raised over $2.95M in presale revenue. Moreover, the LNEX price has already hit the $0.0031 mark, with the potential for further gains owing to the project’s unique DeFi features.

Ethereum Price Prediction

The Ethereum price has dipped while its spot ETFs have experienced outflows for two consecutive days. On Friday, these outflows stood at $59.8M, an increase from $3.24M a day earlier. Altogether, these ETFs have achieved inflows worth over $139M.

Despite the ETH price dip, analysts are still optimistic that Ethereum is about to bounce back in the longer term. According to Wolf, Ethereum’s price is set to jump to the $10K mark in the long term, representing an over 226% surge from its current level. Ethereum’s price is about to form the golden cross pattern, with the 50 and 200-EMA forming a bullish crossover.

Moreover, the ETH token sell-off is also starting to lose momentum at the 50% Fibonacci Retracement level. This means there is a high likelihood that Ethereum will bounce back in the coming weeks. If an ETH price rebound happens, it could target the $3,447 mark, its highest level for this month. A break past this level will set the pace for higher gains, including the $3,972, as it aims for the $10K mark in the long term.

Sui Shows Strong Growth Potential: Could SUI Price Hit $5 Soon?

Sui has been recording significant price movement. The Sui price surged by over 78% in one month, and the trade was between $3.2 and $3.7. However, the coin is approaching a resistance level at $4. If the Sui price rises above this resistance level, its next target will be the $5 mark.

However, if the price of SUI falls, its nearest support will be at the $1.3 region. Sui’s average price over the past 10 and 100 days has been around $3.2, representing an upward trend. Moreover, Sui’s technical indicators, including the RSI at 79 and 50 and the 100-day SMA, also point out a continued bullish trend.

This uptrend in Sui’s price performance has also attracted praise from analysts. According to Michael van de Poppe, Sui is one of the top tokens to watch, reinforcing the hype surrounding its price trajectory.

The Best Crypto Investment For November?

As the year ends, Lunex Network has stood out as one of the best-performing presale gems. The project’s significant milestones, including an over 158% surge and over $2.95M raised in presale, showcase its impact within the crypto market. Moreover, its unique features have also made it stand out from the rest of the cryptos.

Discover the Exciting Opportunities of the Lunex Network (LNEX) Presale Today!

Website: Lunex Network

Socials: Join Lunex’s Growing Community

The post Rollblock Unveils State-of-the-Art Sports Betting Platform, Here’s What Their Revenue Share Means For This $500B Industry appeared first on Coinpedia Fintech News

Rollblock launches a sports betting platform that could alter the $500 billion gaming industry. The platform is built on advanced technology and also guarantees a smooth user experience, improved protection, and inviting features for operators and players alike. Rollblock’s revenue-sharing model is central to its appeal, which provides users with more short- and long-term profit. Rollblock’s bold approach could set a new industry standard as competition intensifies in the rapidly growing sports betting market.

Rollblock Offers Over 7,000 Immersive Casino Games to Explore

Rollblock’s casino and gaming options are reinventing online gambling with over 7,000 video games in total. Rollblock is based upon the transparent and secure Ethereum blockchain and is licensed by Curacao eGaming. The platform games ensure that users get a genuine Las Vegas feel when they play.

The gaming catalog consists of classics like Sugar Rush, Gates of Olympus, and Fruit Party 2 from industry leader Pragmatic Play. For all those seeking Live casino action, Rollblock offers epic games, baccarat, blackjack, and roulette shows like Monopoly live. Competitive PVP leaderboards facilitate community interaction and also contribute to a lively ecosystem.

Rollblock has around 23,000 registered users and this number is growing daily. In line with its roadmap, Rollblock will add sports betting options, where users can place straight and prop bets on events including F1, boxing, golf, and NBA basketball. 

Rollblock utilizes smart contracts in the Ethereum blockchain to build an ecosystem that’s open and effective. These self-executing contracts impose transactions and agreements immediately without intermediaries and with minimal risk of manipulation or error.

Smart contracts guarantee trust between Rollblock and its customers. For gamers, this translates to fair play and immediate payouts. For investors, it guarantees the automatic distribution of revenue shares, buybacks, and staking rewards.

Earn Consistent Returns with Rollblock  

Holders of the $RBLK token gain access to a share of weekly casino revenue, offering regular income and building investor confidence in Rollblock’s ecosystem. Rollblock’s revolutionary tokenomics benefit longtime holders and offer value appreciation via buybacks and burns.

Up to 30% of casino revenue goes into token buybacks that deplete market supply and stimulate scarcity-driven value increases. Of the tokens bought back, 40% are redistributed to stakers as rewards, while 60% are permanently burned to decrease the overall token supply.  

Rollblock’s balanced approach of rewarding holders, deflating supply, and reinvesting in the ecosystem ensures long-term stability and growth.

The $RBLK Presale Surges Over 350%

Rollblock’s native token $RBLK has risen from $0.01 to $0.035 in stage 8 of its ongoing presale. $RBLK provides investors a way into the expanding blockchain gaming and betting space at only $0.036. Rollblock has already attracted over 24,000 early investors, raising $5.5 million—a testament to its market potential. Unlike purely speculative assets, $RBLK offers practical benefits within Rollblock’s ecosystem, giving it lasting appeal. With a strong foundation and growing community, Rollblock’s token is paving the way for sustainable growth and innovation.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/

Socials: https://linktr.ee/rollblockcasino

The post Crypto Lawsuits May End by 2025 with New SEC Chair and Trump’s Crypto Guidelines appeared first on Coinpedia Fintech News

The Crypto market has faced a decade of crypto manipulation and with Trump’s win the market is cheering with a hope that the new regulations will be crypto-friendly and earlier cases will be dismissed. 

Katrina Paglia, Pantera’s chief legal officer, predicts that many ongoing securities lawsuits against crypto companies in the U.S. will “quietly go away” once SEC Chair Gary Gensler steps down in January 2024. Speaking at the North American Blockchain Summit, Paglia emphasized that settlements are likely, with many defendants agreeing to pay fines without admitting to wrongdoing. These settlements may include “neither admit nor deny” language, signaling a resolution without further legal battles.

Wells Notices to Be Dismissed? 

Paglia also pointed out that the SEC’s Wells Notices, which are effectively warnings signaling potential legal actions, may disappear with Gensler’s exit. Companies like Ripple, Binance, and Coinbase have all received such notices, indicating the SEC’s readiness to pursue litigation. However, with a new SEC chair in place, Paglia expects the investigations to lose momentum and gradually be dismissed, providing relief to those companies.

Potential for ‘No-Action Letters’

Moving on, Paglia also anticipates that the SEC may issue more “no-action letters” after Gensler’s departure. These letters are formal responses from the SEC that indicate the agency will not take enforcement action against a company if it proceeds with a particular course of action. According to him, such letters will provide much-needed clarity and relief for the crypto industry, especially after years of regulatory uncertainty. 

Hester Peirce’s Role in Crypto Regulation

With Gensler’s exit, there are rumors that SEC Commissioner Hester Peirce may step into a larger role in overseeing crypto matters until a new chair is appointed. Known for her more crypto-friendly stance, Peirce could steer the SEC toward more favorable outcomes for the industry, including issuing no-action letters to ease regulatory pressures.

Moreover, Paglia is expecting an ease in crypto cases by Q1 of 2025.  He believes that Gensler’s exit can be a big game-changer for many crypto cases. Overall, Crypto cases like Ripple vs SEC, Coinbase, and Binance have faced serious damage due to this unfair legal trial. This could be a bigger moment for crypto if Trump approves crypto-friendly guidelines by 2025. 

Consensys CEO Joe Lubin also said last week that crypto cases will come to an end or settlement with a new SEC chair. Whereas, Coinbase CEO Brian Armstrong said that the new chair should apologize to Americans for this heavy damage.

YouTube has announced an expansion of its AI-powered auto-dubbing feature, designed to enhance content accessibility for creators and international audiences. This rollout comes as part of YouTube’s efforts to help independent creators break language barriers and reach wider audiences effectively. Creators can now automatically translate their videos into multiple languages, including Spanish, Portuguese, French, and Italian, among others, upon upload.

The auto-dubbing feature, first introduced last year, initially served a limited group of creators. Following the pilot, YouTube confirmed that it would expand access to hundreds of thousands of creators. The tool allows for the translation of videos originally in English and other languages to be dubbed automatically, with a simple opt-out option for those who prefer it. This expansion is expected to significantly benefit independent musicians and content creators who previously struggled to afford professional dubbing services.

YouTube’s auto-dubbing feature aims to provide a more natural-sounding audio experience, reflecting the creator’s tone and intonation. The latest enhancements include a development that preserves the ambiance of the original audio in the dubbed version, creating a more authentic and immersive experience for viewers. This improvement positions YouTube as a leader in leveraging AI technology to enhance user experience and accessibility.

Creators selecting the new auto-dubbing feature will notice its functionality when uploading fresh content. The automated system will not apply retroactively to existing videos at this initial rollout phase. Although the feature supports several languages, YouTube plans to incorporate additional languages in subsequent updates, further broadening its global reach.

Auto-dubbing translates and dubs videos automatically, with an opt-out option for creators (Image credit)

YouTube is not alone in the arena of AI translation innovations. Competing platforms like Spotify and Meta have introduced similar tools designed to enhance user engagement through automated language translations and voice cloning. Spotify has developed a feature that aims to provide a personal touch to podcast listeners, while Meta recently launched a universal language translator named SeamlessM4T, capable of handling over 100 languages.

YouTube’s expansion of auto-dubbing capabilities

The ongoing developments surrounding YouTube’s auto-dubbing will undoubtedly expand access for creators hoping to maximize their reach globally. The AI-powered tool will automatically translate and dub English language videos into several languages, now including German, Hindi, Indonesian, and Japanese, effectively making it easier for content creators to cater to a multi-lingual audience.

All creators interested in enabling this feature will receive notifications via email as YouTube rolls it out, ensuring a smooth transition into a more inclusive content-sharing platform.

YouTube AI: Dream Screen, AI suggestions, and more

The expectation of this tool democratizes the process of content creation on YouTube, making it accessible even for those without substantial resources.

While YouTube sets the stage for a more globally connected creator economy with its auto-dubbing feature, the ongoing performance and reliability of AI technology in accurately translating content remain in focus as advancements continue.

Further developments in this area are anticipated as the rollout progresses, keeping both creators and audiences engaged during this technological evolution.

Featured image credit: Ritupon Baishya/Unsplash

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