PR Archives - Blockonomi https://blockonomi.com/pr/ Cryptocurrency News & Your Guide to the Blockchain Economy Wed, 07 Aug 2024 13:04:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://blockonomi.com/wp-content/uploads/2020/07/fav-50x50.png PR Archives - Blockonomi https://blockonomi.com/pr/ 32 32 134176212 Aventus Supply Chain Solution Demonstrates Polkadot’s Impact on Aviation Inudstry https://blockonomi.com/aventus-supply-chain-solution-demonstrates-polkadots-impact-on-aviation-inudstry/ Wed, 07 Aug 2024 13:04:11 +0000 https://blockonomi.com/?p=100526 London, United Kingdom, 7th August 2024, Chainwire

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London, United Kingdom, August 7th, 2024, Chainwire

Blockchain-based solution drives significant improvements in data visibility, accuracy and operational efficiency within cargo handling sector, according to research conducted by Aventus at Heathrow Airport

Airlines can benefit from overall cost savings in their cargo handling operations by leveraging Web3-based solutions, according to a study conducted by Aventus & Airport Perishables Handling (APH) at Heathrow Airport.

The existing toolset used for global ULD management has remained unchanged since the 1990s and relies heavily on manual data inputs, resulting in critical challenges with data visibility and accuracy, secure information sharing, and costly ULD losses, damages and delays – costing airlines north of $1.6 billion annually. 

Web3, through blockchain technology, offers a robust solution to the challenges of traditional ULD management, by: 

  • Enabling immutable, tamper-proof records that provide a single source of truth, eliminating disputes and improving regulatory compliance;
  • Reducing administrative overhead and minimize errors by automating manual processes via self-executing smart contracts; 
  • Enabling real-time visibility into ULD location, custodianship and condition, and streamlining data sharing to enable airlines to optimize operations.

In a pilot study conducted at Heathrow Airport, Aventus, an industry-leading provider of end-to-end Web3 solutions for enterprises and parachain on Polkadot, found that its end-to-end blockchain-based cargo handling solution drives improvements in data visibility, accuracy and operational efficiency within the cargo handling sector.

  • 90% reduction in communication and error incidents as a result of digitized data capture; 
  • 83% reduction in manual documentation time;
  • 81% reduction in time between ULD stock updates from 3-4 hours to just 30 minutes, enabling real-time decision-making; and
  • 28% reduction in loading times as a result of optimized ULD loading workloads.

Alan Vey, Founder at Aventus, comments: “These results are truly remarkable, underscoring the transformative potential of blockchain for not only the aviation industry but for supply chains globally. We are proud to be empowering enterprises to enhance data accuracy, reduce operational inefficiencies, and achieve greater transparency. As we expand our partnerships across North America, Europe, the Middle East and Asia, we anticipate these results to only improve via network effects.”

Michelle Roosevelt, Director at Aviation Perishables Handling, adds: “Aventus’ technology is fast and responsive, which is key in our busy airport environment. We’ve seen huge improvements in productivity. The app is more than a tool – it’s reshaped how we manage and track our aircraft containers, and the Aventus team’s support and expertise in meeting our needs has been outstanding.”

Aventus’ aviation solution brings partnerships with major enterprises to the Polkadot ecosystem, including Aviation Perishables Handling at Heathrow Airport, Vodafone’s Digital Asset Broker, as well as other major airlines across Asia and the Middle East.

For more information on the study, users can download the full report here

About Aventus

Aventus transforms how customers create trust and unlock growth, crafting pioneering Web3 solutions for brands, from creating more connected, integrated experiences to enhancing traceability, transparency, and product authentication. Founded in 2020, Aventus is the only trusted digital product extension platform that provides a secure and reliable Web3 environment for customers to launch market-leading programs and product activations. 

With deep industry expertise and a strong understanding of enterprise needs, Aventus delivers the best feature sets of Web3 with the familiarity of Web2, driving significant brand reputation, trust, and enterprise growth for its customers. Its production-ready, end-to-end Blockchain-as-a-Service software is modular, scalable, and interoperable, giving clients the flexibility they need to respond to rapidly-evolving market opportunities.

Contact

Head of Marketing
Ellie Hyman
Aventus
ellie.hyman@aventus.io

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Sharp Drops for Solana and Doge, DIGI Poised for Growth in Next Phase https://blockonomi.com/sharp-drops-for-solana-and-doge-digi-poised-for-growth-in-next-phase/ Wed, 07 Aug 2024 11:24:57 +0000 https://blockonomi.com/?p=100519 The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn. In contrast, Digihorse’s DIGI token, currently in [...]

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The recent decline in Bitcoin’s price has had a ripple effect across the cryptocurrency market, hitting major tokens hard. Dogecoin has seen a significant drop this week, losing its bullish momentum. Solana, which had a spectacular rise in late July, nearing $200, has also faced a sharp downturn.

In contrast, Digihorse’s DIGI token, currently in its presale phase and listed at $0.003333, is attracting considerable attention. Predictions suggest that the token will see a significant increase by the time it reaches stage 2 of its listing.

Solana Faces Severe Price Drop

Solana’s price plummeted over 36.72% within a week, with key trading sessions on August 1st and 3rd marking significant losses. Initially, the cryptocurrency dropped more than 10% to around $150, largely due to traders liquidating positions—over $22.44 million in both long and short bets, with longs suffering most amid a bearish outlook.

The downturn continued on August 3rd, with an additional 8% loss in just 24 hours, pushing Solana below the crucial $157 support level. This breach deepened market pessimism, hinting at a potential fall towards $120.

Dogecoin’s Intense Sell-Off Pressure

Dogecoin has experienced a turbulent period, with substantial liquidations shaking its market over the past two days. According to Coinglass, approximately $360 million in Dogecoin trades were erased, including a significant disparity between long and short positions—$299 million of longs and $59.07 million of shorts were liquidated. 

The past 24 hours were particularly harsh, with $246.84 million in longs wiped out, starkly contrasting with $35.16 million in shorts, reflecting a prevailing negative market sentiment.

The impact on Dogecoin’s value is evident, as it has declined 35% over the last week, now trading at $0.08655. Analysis of wallet activity indicates that while 74% of active Dogecoin wallets are currently ‘in the money,’ the remaining 25% are at a loss. This distribution suggests potential sell-off behaviors among profit-taking holders, aiming to capitalize before potentially buying back at lower prices.

DigiHorse (DIGI) Lucrative Presale and Immersive Gaming Experience

DigiHorse Empires is capturing significant investor interest in its presale phase, with $DIGI tokens priced attractively at $0.003333 each from a total supply of 1,125,000,000. This strategic pricing ensures scarcity and potential value appreciation over time.

Beyond its appealing presale, DigiHorse Empires is revolutionizing the Web3 gaming space by merging Play-to-Earn (P2E) mechanisms with immersive, blockchain-powered gameplay. Players can earn real-world value through a fully interactive virtual environment where they can socialize, strategize, and engage in rewarding activities. 

The platform’s vibrant marketplace offers a variety of AI-powered NFT wearables, allowing players to customize their horses with stylish accessories, enhancing both aesthetics and performance.

As DigiHorse continues to expand its ecosystem and execute its roadmap, it is poised to become a leading entity in the cryptocurrency and gaming landscapes, making DIGI one of the most promising DeFi tokens to invest in this year.

Learn More About the Thrilling Opportunities of DigiHorse ($DIGI) Presale Now!

Website: www.digihorseempires.io  

Twitter: DigiHorse Empires  

Telegram: DigiHorse Empires Official 

Presale: Join Now

 

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NAVI Pro Launch – A New Generation of Liquidity Management on Sui https://blockonomi.com/navi-pro-launch-a-new-generation-of-liquidity-management-on-sui/ Tue, 06 Aug 2024 18:03:00 +0000 https://blockonomi.com/?p=100464 About NAVI Protocol NAVI is the pioneering Native One-Stop Liquidity Protocol on Sui, offering users the opportunity to participate as liquidity providers or borrowers within the Sui ecosystem. Since its launch in August 2023, NAVI has achieved significant milestones, including: $200M+ Total Value Locked (TVL) 900,000+ Users $5B in Borrow Volume Introducing NAVI Pro NAVI [...]

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About NAVI Protocol

NAVI is the pioneering Native One-Stop Liquidity Protocol on Sui, offering users the opportunity to participate as liquidity providers or borrowers within the Sui ecosystem. Since its launch in August 2023, NAVI has achieved significant milestones, including:

  • $200M+ Total Value Locked (TVL)
  • 900,000+ Users
  • $5B in Borrow Volume

Introducing NAVI Pro

NAVI Pro marks a major evolution in liquidity management on the NAVI Protocol, introducing groundbreaking features that enhance the DeFi experience on Sui. Over the past year, the NAVI team has focused on optimizing the lending and borrowing experience, catering to both beginners and seasoned DeFi users. This has been achieved through a series of smart contract and UI upgrades, significantly improving user experience over time.

In addition to these enhancements, the NAVI protocol team has gathered valuable community feedback to shape the development of NAVI Pro. This new iteration of the lending and borrowing protocol includes:

  • Improved User Interface (UI)
  • Access to Advanced DeFi Strategies
  • Enhanced Liquidity Management
  • Community-Building Tools
  • Facilitated Developer Onboarding
  • And much more

Part of Navi Pro’s New update

1.New & Fresh NAVI Protocol Website

NAVI Protocol unveiled its redesigned website, now live at naviprotocol.io. This update emphasizes clarity, legibility, and accessibility, featuring live analytics of NAVI’s performance over time. 

The NAVI development team enhanced the accessibility and user experience of their entire product, starting with a comprehensive overhaul of the NAVI Protocol website. The landing page now features a sophisticated design and separate sections for major milestones, partnerships, exchange listings, and media coverage.

Additionally, new pages focus on supporting builders on the Sui network, including a NAVI Developers Onboarding page that offers tools and information for hackathons and dev initiatives. The NAVI Ecosystem Fund page provides details on how developers can apply for grants from the 10M NAVX pool to build with NAVI, Volo, NAVX, and vSUI. 

The Ecosystem Fund is open to the public for applications.

2. Upgraded Dashboard 

The Dashboard is one of the many additions to NAVI Pro that aims to make the user experience more streamlined and comprehensive. You will find your positions’ Supply/Borrow details section, where you can directly interact with the pools to supply & withdraw assets or borrow & repay borrowed assets.

3. Liquidation Forecast

NAVI Pro’s Liquidation Forecast, a powerful new feature that allows Sui network users to efficiently assess the health of their positions. This tool provides crucial insights into account health factors, safety borrows, and liquidation levels, along with a comprehensive price table for all supported assets.

About NAVI Protocol

NAVI Protocol is the premier liquidity protocol on the Sui Ecosystem, offering seamless participation as liquidity providers or borrowers. Since its launch in August 2023, NAVI has been at the forefront of the DeFi space on Sui, continually innovating to meet the needs of its growing user base.

For more information, visit  NAVI Protocol.

 

Contact:

Company Name:  NAVI PROTOCOL LABS INC. 

Contact Person: Ivan Djordjevic

Email: team@naviprotocol.io   

Website:https://naviprotocol.io/ 

 

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DTX Exchange (DTX) Makes Headlines With 60% of Batch 2 Presale Sold, Dogecoin And THORChain Investors Follow Up https://blockonomi.com/dtx-exchange-dtx-makes-headlines-with-60-of-batch-2-presale-sold-dogecoin-and-thorchain-investors-follow-up/ Tue, 06 Aug 2024 17:00:41 +0000 https://blockonomi.com/?p=100424 Following chaos in the broader crypto market and bearish turnover for Bitcoin price, Dogecoin (DOGE) and THORChain (RUNE) display notable price declines. Global investors hesitate to trade big in risky assets and have taken out significant capital from several low-performing cryptos for other sustainable investment avenues. Under the limelight is the AI-powered DTX Exchange (DTX) [...]

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Following chaos in the broader crypto market and bearish turnover for Bitcoin price, Dogecoin (DOGE) and THORChain (RUNE) display notable price declines. Global investors hesitate to trade big in risky assets and have taken out significant capital from several low-performing cryptos for other sustainable investment avenues.

Under the limelight is the AI-powered DTX Exchange (DTX) which has sold its presale stage 2 by 60% in no time and leads the ICO sector as the best crypto presale of 2024. Let’s explore the price performance of Dogecoin (DOGE) and THORChain (RUNE) and the bullish prospects of DTX Exchange for August.

Dogecoin (DOGE) Faces Challenges with Death Cross Formation

Dogecoin (DOGE) has disappointed investors with a notable price downtrend for over a week. The memecoin displays a 15.7% drop on the weekly chart with a significant decline in investors’ holdings. The price trend for Dogecoin (DOGE) is primarily attributed to the damping interest of whales and traders in the memecoins.

Moreover, technical analysis suggests an alarming situation for Dogecoin (DOGE) amid the formation of death crossover between 200 and 100-day moving averages. With a lower RSI value, there is no signal for a bullish turnover driven by accumulations and Dogecoin (DOGE) might retest the $0.107 support zone in the upcoming days.

THORChain (RUNE) Drops 21.5% Amid Soaring Bearish Pressures

THORChain (RUNE) kicked off August on a bearish note with a 4.3% decline on the daily chart and a notable 21.5% price drop on the weekly chart. THORChain (RUNE) bulls pushed hard to defend the $4 psychological support but rising bearish sentiments and FUD have led the price of the RUNE token below critical levels.

Amid surging speculations after a brief price pulldown, THORChain (RUNE) has entered a brief correction phase with an RSI value of 36 and moving averages indicating a strong selling signal. Dropping below the $3.8 support, the THORChain (RUNE) price continues to hold above $3.7 but rising bears can make it retest the $3.5 support in the upcoming days.

DTX Exchange (DTX) Leads the Way With Spot-on Trading Features

DTX Exchange (DTX) is revolutionizing the tradFi sector by offering all-in-one trading solutions that transform conventional trading approaches. The platform features over 120k+ digital assets from diverse financial markets, including forex, cryptocurrencies, stocks, and CFDs, all with no gas fees and lightning-fast execution speeds.

Global traders can leverage up to 1000x to maximize their profits by using the cutting-edge DTX Exchange. Security is a top priority for the layer-1 backed DTX Exchange, making it a highly safe and secure marketplace with decentralized features like no-KYC requirements and non-custodial wallets.

DTX Exchange also offers AI-supported automated trading strategies with quant and algo trading approaches, providing users with a robust and seamless trading experience. By combining advanced technology with user-friendly features, DTX Exchange stands out as a revolutionary player in the DeFi space, empowering traders to navigate the volatile markets efficiently.

Halfway Through the Presale: Grab DTX Tokens Now for $0.04

With global traders shifting focus toward the revolutionary features of DTX Exchange (DTX), the project has grabbed a massive $1.2 million in batch 2 after a successful $2 million private seed round. The DTX platform is ready to dust away existing marketplaces with gas and security issues through its cutting-edge technology and community-defined trading schemas.

Available at $0.04, DTX tokens are poised to go sky-high after its anticipated Q4 exchange listing, surpassing the potential of Dogecoin (DOGE) and THORChain (RUNE) potentially reaching beyond $2. This prediction by leading analysts strengthens the ground for the DTX hybrid platform as it promises massive 1,200% returns to early stakeholders.

Learn more:

Visit DTX Presale

Join The DTX Community

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DigiHorse (DIGI) Rises in P2E, SOL Rallies And XRP Eyes Breakout https://blockonomi.com/digihorse-digi-rises-in-p2e-sol-rallies-and-xrp-eyes-breakout/ Tue, 06 Aug 2024 14:36:25 +0000 https://blockonomi.com/?p=100461 The crypto market is witnessing a dynamic shift as innovative projects like DigiHorse (DIGI), Solana (SOL), and XRP capture investor interest. With the Play-to-Earn (P2E) gaming model gaining traction, DigiHorse is positioning itself as a front-runner in this burgeoning sector. Meanwhile, Solana’s recent rally highlights the growing influence of meme coins, and XRP’s steady performance [...]

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The crypto market is witnessing a dynamic shift as innovative projects like DigiHorse (DIGI), Solana (SOL), and XRP capture investor interest.

With the Play-to-Earn (P2E) gaming model gaining traction, DigiHorse is positioning itself as a front-runner in this burgeoning sector. Meanwhile, Solana’s recent rally highlights the growing influence of meme coins, and XRP’s steady performance suggests a potential breakout. Let’s explore these developments and what they mean for investors.

XRP Poised for Possible Breakout in 2025 Amidst Price Stagnation

XRP’s price has experienced a notable recovery, climbing to as high as $0.65 in the last 31 days. Although the price action has been relatively stable, there is growing anticipation among XRP holders for a substantial rally in 2024. 

XRP’s position as a speculative asset within the top ten cryptocurrencies, second only to Dogecoin in volatility, adds to the intrigue surrounding its potential future performance. The ongoing legal battle and market conditions will be critical in determining whether XRP can achieve a significant breakout in the coming years.

Solana (SOL) Thrives Amid Ongoing Meme Coin Craze

Solana has seen a remarkable resurgence. Fluctuating around $122.44 on the lower end and $193.73 on the higher end in July 2024, contributing to an impressive year-to-date increase. This rally is fueled by the growing popularity of meme coins on Solana’s network despite the network’s previous challenges. But today, it’s trading at $117.53.

The ecosystem now boasts a daily trading volume exceeding $67 billion, with meme coins like WIF leading the charge. The excitement surrounding these tokens has revitalized interest in Solana, positioning it as a key player in the cryptocurrency space. As meme coin mania continues, Solana’s robust infrastructure and vibrant community will likely sustain this momentum.

DigiHorse Primed to Dominate the Future of Online Gaming

DigiHorse is making waves in the blockchain gaming industry, particularly with its Play-to-Earn (P2E) model. The project’s listing price is pegged at $0.75, a staggering 2150% increase from its initial presale price, spotlighting the significant growth and investor interest. As the first NFT horse racing game on the Base Chain, DigiHorse offers a unique gaming experience that combines blockchain technology with the excitement of horse racing.

The game features AI-powered NFT skins, allowing players to customize and enhance their in-game avatars, making the gameplay more engaging and personalized. The project’s strong focus on community engagement has fostered a loyal following, with various initiatives to enhance user participation and retention.

Looking ahead, DigiHorse has ambitious expansion plans. The development of a mobile application is in the works, enabling users to manage their assets and participate in the game from anywhere, increasing accessibility and convenience. 

The introduction of exclusive in-game events and limited-edition NFTs will create further excitement, attracting players and collectors. With plans to expand into new markets and gaming niches, DigiHorse is poised to become a major player in the online gaming space, offering substantial growth for investors who are getting in already.

Learn More About the Thrilling Opportunities of DigiHorse ($DIGI) Presale Now!

Website: www.digihorseempires.io  

Twitter: DigiHorse Empires  

Telegram: DigiHorse Empires Official 

Presale: Join Now

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Sui Sets The Standard for Blockchain Speed with New Mainnet Consensus Mechanism https://blockonomi.com/sui-sets-the-standard-for-blockchain-speed-with-new-mainnet-consensus-mechanism/ Tue, 06 Aug 2024 13:01:35 +0000 https://blockonomi.com/?p=100459 Grand Cayman, Cayman Islands, 6th August 2024, Chainwire

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Grand Cayman, Cayman Islands, August 6th, 2024, Chainwire

Sui’s new Mysticeti protocol cuts consensus latency to 390 ms, elevating its industry-leading tech and developer stack to new highs.

Sui, the pioneering Layer 1 blockchain known for industry-leading performance and infinite horizontal scaling, today announced the successful deployment of Mysticeti on Sui Mainnet after a successful run on Testnet. This innovative protocol cuts consensus latency to an astonishing 390 milliseconds, establishing Sui as the fastest consensus layer in the industry.

Developed from extensive research into Byzantine fault tolerance (BFT) consensus mechanisms, Mysticeti represents a significant advancement from Narwhal-Bullshark, the consensus algorithms launched with Sui Mainnet over a year ago. Mysticeti achieves unprecedented transaction speeds, extending Sui’s impressive low latency performance across all transaction types on the network.

Sui’s object-oriented architecture allows the network to process transactions differently based on the characteristics of the transaction and the objects involved. Transactions on Sui involving only “owned objects,” such as peer-to-peer transfers, bypass the need for consensus, following a fast-path execution that completes in a shorter time. Now, with Mysticeti, transactions involving shared objects, such as those in marketplaces or collaborative game assets, are processed using an optimized version of BFT consensus that results in lower latencies nearly akin to those of owned object transactions. Mysticeti minimizes cross-validator communication and fully utilizes network bandwidth to maintain high throughput.

Live on Testnet for the past three months, Mysticeti’s remarkable results – including an 80% reduction in latency – generated significant buzz within Sui’s developer community and a broad desire to see the update pushed to Mainnet. With the update now live, the Sui Network can handle tens of thousands of transactions per second with end-to-end latencies well below one second.

“Mysticeti’s successful deployment is a testament to the collaboration between research and engineering, and the validator community that has integrated this new consensus mechanism,” said Dmitri Perelman, Head of Engineering at Mysten Labs. “Mysticeti is a next-generation consensus protocol that sets a new standard for blockchain transaction speeds and puts Sui at the forefront of our industry.”

Kevin Nelson, Co-Founder & CTO of Aftermath Finance, which created a leading DeFi protocol on the network said, “Mysticeti’s shift to minimizing latency for the general case—shared object transactions—marks a significant advancement across many sectors on Sui, particularly within the Sui DeFi ecosystem. The rollout to Mainnet has already begun to show tangible results, with noticeable latency reductions across our entire product suite. At Aftermath, we are excited to leverage Mysticeti’s full capabilities to deliver more efficient, lower latency products to market.”

Rabeel Jawaid, Co-founder of leading derivatives exchange Bluefin said, “On-chain settlement latency just dropped significantly on Bluefin with the Mysticeti upgrade! P50 consensus latency currently is just under 400ms and E2E client latency when measured via a fullnode is under 1s for P50, which as far as I know is the fastest in Web3 right now – especially at scale with parallelization. With this upgrade, the trading experience on Bluefin has already become more seamless for retail, and our institutional partners have started to scale their flow and liquidity on the platform.”

Bonkman, the pseudonymous Founder of Hop, a DEX aggregator on Sui said, “Hop allows users to interface with Sui DeFi. This makes it dependent on Sui’s consensus mechanism and before Mysticeti swaps took roughly 2-3 seconds. Now, nearly every single swap takes less than 1 second to execute and reach finality. In all of web3, there has never been a better DeFi experience that is present today on Hop via Mysticeti.”

Contact

Sui Foundation
media@sui.io

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Spot Bitcoin ETFs Ride Ethereum ETFs Coattails As BlackRock Sees Record Daily Inflows https://blockonomi.com/spot-bitcoin-etfs-ride-ethereum-etfs-coattails-as-blackrock-sees-record-daily-inflows/ Tue, 06 Aug 2024 11:00:16 +0000 https://blockonomi.com/?p=100421 Spot Bitcoin ETFs are riding high on the success wave of Ethereum ETFs, fueling a surge in crypto investments like the ETFSwap (ETFS) presale, as BlackRock reports record-breaking daily inflows. This exciting trend marks a new era in the cryptocurrency market, drawing unprecedented interest and capital. Spot Bitcoin ETFs Ride Ethereum ETFs’ Success Wave Spot [...]

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Spot Bitcoin ETFs are riding high on the success wave of Ethereum ETFs, fueling a surge in crypto investments like the ETFSwap (ETFS) presale, as BlackRock reports record-breaking daily inflows. This exciting trend marks a new era in the cryptocurrency market, drawing unprecedented interest and capital.

Spot Bitcoin ETFs Ride Ethereum ETFs’ Success Wave

Spot Bitcoin ETFs are currently experiencing a significant boost in popularity, riding on the success wave of Ethereum ETFs. This surge in Spot Bitcoin ETFs has led to record-breaking daily inflows for BlackRock, a leading asset management firm. BlackRock’s iShares Bitcoin Trust (IBIT) has recently achieved a notable milestone, with an inflow of $526 million in a single day, the largest BlackRock recorded since March 2024.

This remarkable achievement of BlackRock reflects strong investor interest and demand for Spot Bitcoin ETFs, as IBIT outperformed other similar products and led in accumulated inflows for the year, even surpassing the Nasdaq QQQ index fund. Analysts suggest that this ETF could soon surpass Vanguard’s Total Stock Market ETF in terms of inflow volume, underscoring the growing institutional interest in Bitcoin.

Despite a slight decline in Bitcoin’s price, BlackRock’s success with IBIT highlights the potential of cryptocurrency ETFs and their ability to attract substantial capital inflows.

ETFSwap (ETFS): The Real Sensation Of The Moment

While Spot Bitcoin ETFs are gaining momentum, another player in the crypto space is capturing significant attention: ETFSwap (ETFS). This platform is rapidly becoming the ultimate destination for crypto ETF trading, driven by the approval trend of Spot Ethereum ETFs and the general excitement in the market. ETFSwap (ETFS) has sold over 70 million tokens in just two weeks, attracting over a million new investors. Its advanced crypto technology, built on the secure Ethereum (ETH) Blockchain, and its innovative utilities and features have established it as the premier platform for profitable crypto ETF trading.

ETFSwap (ETFS) integrates blockchain technology with ETFs, working with MiCa-compliant regulated investment banks to deal in both securities and crypto trading. This integration allows users to own and trade tokenized ETFs, bridging the gap between traditional finance (TradFi) and decentralized finance (DeFi). The platform’s security is robust, with smart contracts audited by CyberScope and a team verified by SolidProof, ensuring investor trust and confidence. ETFSwap (ETFS) offers a wide range of profitable tokenized ETFs, including commodity, leveraged, equity, Spot Bitcoin ETFs, Spot Ethereum ETFs, and bond ETFs, among others, with leverage up to 100x, amplifying profit returns up to 59,000%.

ETFSwap (ETFS) boasts several powerful utilities, and infrastructure enhancements, further boosted by the trend of Ethereum ETFs’ investments. It offers 24/7 trading for Bitcoin futures and perpetual contracts, zero-risk investment options like staking and yield farming, and the ability to tokenize real-world assets (RWA) for on-chain trading. The platform is designed for both high-risk and low-risk traders, with opportunities to build wealth through staking assets to provide liquidity.

ETFSwap (ETFS) provides advanced trading tools, including an AI-powered ETF Screener and ETF Tracker, along with ETF Search and ETF Filter tools to assist users in finding profitable ETFs. These tools perform predictive analysis, sentiment analysis, and continuous development based on new data. The platform also supports leveraged trading and offers a user-friendly interface, with plans to launch its own ETF in 2025.

ETFSwap (ETFS) perpetual trading offers leverages up to 10x while leveraging the potential of blockchain technology. By integrating traditional finance with the decentralized realm of DeFi, ETFSwap (ETFS) stands at the forefront of a financial revolution.

Conclusion

As spot Bitcoin ETFs ride on the success of Ethereum ETFs, leading to a daily surge in investment activity for BlackRock, the positive developments in the crypto space have heightened investment interest in ETFSwap (ETFS) ICO presale. With over a  million new investors and over 70 million tokens sold in under two weeks, ETFSwap (ETFS) demonstrates significant potential for exponential returns.

Now is the perfect time to join the wave and snap up ETFSwap (ETFS) tokens at the discounted rate of $0.01831. Crypto whales, institutional investors, and analysts are showing confidence in ETFSwap’s (ETFS) potential for maximum gains, predicting a 1000x rise in price upon its listing on major exchanges like Binance, Coinbase, and Kraken. Don’t miss the opportunity to be part of the crypto ETF revolution.

 For more information about the ETFS Presale:

 Visit ETFSwap Presale

Join The ETFSwap Community

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Small Cap Ethereum Gem Forms Bullish Pattern Following Old Shiba Inu (SHIB) Pattern, 63% Hike Likely https://blockonomi.com/small-cap-ethereum-gem-forms-bullish-pattern-following-old-shiba-inu-shib-pattern-63-hike-likely/ Tue, 06 Aug 2024 08:19:00 +0000 https://blockonomi.com/?p=100418 Just as Ethereum and Shiba Inu have been capturing headlines among big-time crypto enthusiasts, a new player is entering the arena of decentralized finance: RCO Finance (RCOF). Analysts observing its resemblance to the Shiba Inu (SHIB) pattern predict that this small-cap Ethereum project could surge by 63%. RCO FInance is on the verge of displaying [...]

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Just as Ethereum and Shiba Inu have been capturing headlines among big-time crypto enthusiasts, a new player is entering the arena of decentralized finance: RCO Finance (RCOF).

Analysts observing its resemblance to the Shiba Inu (SHIB) pattern predict that this small-cap Ethereum project could surge by 63%. RCO FInance is on the verge of displaying a bullish growth trend similar to Shiba Inu.

As DeFi adoption continues to rise, RCO Finance presents an interesting investment opportunity for those who may have missed earlier trends.

Analyzing the Bullish Pattern

RCO Finance has launched its second presale, and technical analysis reveals a promising bullish pattern similar to Shiba Inu’s impressive rise. Current data shows that this presale is gaining momentum, following the rapid conclusion of the previous one in just a month.

The RCOF Ethereum token is poised for significant growth in the coming stages, benefiting investors. With the increasing adoption of the Ethereum token, a 63% rise in value for RCO Finance appears likely.

The Rise of RCO Finance

RCO Finance is a DeFi project focused on enhancing the Ethereum ecosystem with innovative financial solutions. It aims to provide accessible and user-friendly interfaces for experienced investors and cryptocurrency beginners.

The platform will feature yield farming, staking, and liquidity provision for maximum returns in the DeFi space. What distinguishes RCO Finance is its commitment to community engagement and transparency.

The team behind RCOF is on a mission to build strong, empowering ecosystems that will put the financial futures of our users into their own hands. As the project has begun to grow, it has begun to draw more comparisons with Shiba Inu and some others for its potential growth and being led by community energy.

The Competitive Edge of RCO Finance

While RCO Finance may seem like just another DeFi project, it has several unique features that set it apart from its competitors. These include:

AI-Powered Robo Advisor

The standout feature of RCO Finance is its AI-powered Robo Advisor. This intelligent system analyzes historical price data alongside current market trends and news to create personalized strategies that align with individual financial goals and risk tolerance.

By continuously monitoring market conditions, the Robo Advisor adjusts portfolios in real-time, allowing investors to seize every opportunity. This functionality benefits new traders who need more experience to navigate the complexities of the cryptocurrency market.

The Robo Advisor democratizes investment decision-making for novice traders, leveling the competitive DeFi landscape.

Bridging the Gap in DeFi

RCO Finance resolves one of the core problems with the digital world in cryptocurrency: the difference between it and real-world investment. The platform will enable the investment of real stocks, bonds, and real estate directly using the RCOF Ethereum token without passing through its conversion to fiat currency.

This further helps the investors diversify their portfolios without complications from traditional finance. RCO Finance tokenizes real-world assets, easing liquidity while opening up fresh investment opportunities.

Another key feature of RCO Finance is its Automated Market Making system. Unlike manual trading on investment platforms, RCO Finance uses AI and machine learning for full automation. This method eliminates errors and emotional decisions often seen in other trading forms.

Security and Privacy

In a time when security breaches and scams are common in the crypto space, RCO Finance prioritizes user safety. SolidProof, a leader in blockchain technology, performs regular audits of its smart contracts to protect investors’ funds.

Moreover, RCO Finance eliminates the need for Know Your Customer (KYC) procedures, allowing users to stay anonymous while adhering to essential regulations. This focus on privacy and security fosters trust among users and adds to the platform’s overall appeal.

Join the Current RCOF Presale

As interest in the RCOF grows, the Ethereum token presale presents an opportunity to acquire tokens at a competitive price. Early investors might see significant gains when the Ethereum token officially launches on exchanges. Currently, the second presale price for RCOF is $0.0343 per token.

With positive market sentiment and trends around RCO Finance, there’s potential for a strong return on investment (ROI). If the price hits the expected listing range of $0.4 to $0.6, investors could see over 1700% gains. For instance, a $200 investment could yield more than $3400 upon listing.

Investors in the presale stand to benefit from the initial price surge and join a passionate community focused on the future of RCO Finance. The presale aims to establish a solid foundation for the project, ensuring that early adopters are rewarded as the platform evolves and expands its offerings.

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

The post Small Cap Ethereum Gem Forms Bullish Pattern Following Old Shiba Inu (SHIB) Pattern, 63% Hike Likely appeared first on Blockonomi.

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Zircuit Launches Mainnet Phase 1 And Rolls Out ZRC Airdrop Season 1 https://blockonomi.com/zircuit-launches-mainnet-phase-1-and-rolls-out-zrc-airdrop-season-1/ Mon, 05 Aug 2024 16:01:59 +0000 https://blockonomi.com/?p=100409 George Town, Grand Cayman, 5th August 2024, Chainwire

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George Town, Grand Cayman, August 5th, 2024, Chainwire

Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer-level security, today announced that Mainnet Phase 1 is now live. Mainnet Phase 1 also includes the launch of the Zircuit Mainnet Festival, a first-of-its-kind program that rewards ZRC and a chance to win large prizes in proportion to gas spent on the Zircuit network.

To reward users who participated in its highly successful staking program with over $2B staked, Zircuit also opened Season 1 Airdrop claims. Users who staked assets in the Season 1 points campaign may now claim their tokens.

During the Mainnet Phase 1 stage, users will be able to bridge funds to Zircuit’s Mainnet and interact with projects in Zircuit’s ecosystem including Ambient Finance, DODO, Circuit, Zerolend, Ethena, Lynx, InstaDapp, LogX, Shoebill, and more. Developers are also welcome to deploy applications on Zircuit mainnet and join the thriving ecosystem of over 60 projects. 

As part of the launch, Zircuit is hosting the Zircuit Mainnet Festival which rewards users with ZRC tokens whenever they pay gas fees on Zircuit mainnet. Additionally, participating users will have the chance to win prizes, and a super prize of 100,000 ZRC. This festival encourages users to interact with the network and experience the benefits of Zircuit while earning ZRC tokens and prizes.

Mainnet Phase 1 will introduce a cap on the amount that each wallet can bridge, with caps increasing over time. During this initial phase, users may bridge ETH only, with other assets slated to be added progressively. This allows Zircuit to launch in the most secure way possible and provides a broader distribution of Zircuit rewards to smaller wallets. 

During this phase, Zircuit opens the ZRC token claims portal to reward users who were early contributors and participants in the network. Those who earned Zircuit Points in Season 1 of Zircuit Staking will be eligible. While tokens are claimable during this time, they will be non-transferable until a later date. To prepare for the asset migration in Phase 2, where staked assets will transfer from Ethereum mainnet to Zircuit mainnet, Zircuit will start collecting wallet addresses from users who intend to move their staked assets once the network is fully live. 

“Launching the first phase of mainnet is a significant milestone for us. Developers and users can now experience the full benefits of Zircuit and our breakthrough technology, sequencer-level security. In addition, the Mainnet Festival is a first-of-its-kind mechanism that most directly rewards early active users. We see Zircuit as the foundation for the next wave of innovation in web3 and we look forward to seeing what decentralized applications will be built on Zircuit next,” stated Martin Derka, co-founder of Zircuit.

Zircuit protects users from hacks through its built-in, automated AI techniques that guard users against smart contract exploits and malicious actors. Bolstered by its strong security infrastructure, Zircuit is the central hub for restaked assets featuring unparalleled security and allowing users to earn industry-leading yields natively. Zircuit is the premier liquidity hub for restaked assets (ETH, BTC, LSTs, and LRTs) where users enjoy stronger security guarantees and trust.

During Mainnet Phase 1, users can explore the Zircuit ecosystem on zircuit.com/#ecosystem and explorer.zircuit.com and bridge ETH to Zircuit Mainnet at bridge.zircuit.com. Zircuit’s Mainnet Phase 2 is set to launch in August. 

Users can claim their tokens by visiting claim.zircuit.com and participate in the Zircuit Mainnet Festival by visiting festival.zircuit.com.

To learn more about Zircuit, users can visit zircuit.com or read the developer docs at docs.zircuit.com 

About Zircuit 

Zircuit is a ZK rollup with AI-enabled sequencer-level security and parallelized circuits. Built by a team of web3 security veterans and PhDs in computer science, algorithms, and cryptography, Zircuit’s unique architecture combines the best of both worlds of performance and security. To learn more users can visit zircuit.com or follow us on Twitter/X @ZircuitL2

Contact

Jessica
Zircuit
jessica@zircuit.com

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Bitcoin Dominates Market; Polygon, Avalanche, DigiHorse Offer Huge ROI Potential https://blockonomi.com/bitcoin-dominates-market-polygon-avalanche-digihorse-offer-huge-roi-potential/ Mon, 05 Aug 2024 14:56:50 +0000 https://blockonomi.com/?p=100405 While Bitcoin keeps dominating the cryptocurrency space, smaller coins like Polygon, Avalanche, and DigiHorse are attracting attention for their significant profit potential. These tokens offer unique opportunities, each within its own niche.  Polygon and Avalanche compete for market share in highly contested areas. DigiHorse, on the other hand, is carving out a strong position in [...]

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While Bitcoin keeps dominating the cryptocurrency space, smaller coins like Polygon, Avalanche, and DigiHorse are attracting attention for their significant profit potential. These tokens offer unique opportunities, each within its own niche. 

Polygon and Avalanche compete for market share in highly contested areas. DigiHorse, on the other hand, is carving out a strong position in the expanding blockchain gaming sector, valued at USD 128.62 billion in 2022. Thanks to its innovative approach and growing market interest, experts suggest that DigiHorse could potentially deliver 2150% returns in 2024.

Polygon (MATIC) Poised for Potential Swing

The Polygon (MATIC) token has recently faced downward pressure amid a volatile cryptocurrency market. It has experienced a decline of 19.76% over the last 24 hours, with a trading volume of $650.81 million. 

Over the past week, the token’s value dropped, decreasing by 17% over the past month. However, a potential breakout above the current consolidation pattern could see Polygon rally towards the $0.690 resistance level. If sustained, this move might pave the way for further gains, potentially targeting the $0.890 mark in the upcoming weeks. 

Conversely, failure to hold above critical support at $0.50 could result in a new annual low for MATIC.

Avalanche (AVAX) Sees Strong Growth Despite Market Fluctuations 

Avalanche (AVAX) has caught the attention of market analysts, who are optimistic about its prospects. Over the past year, the price of Avalanche has surged by 100%, with its market capitalization approaching $11 billion. 

Avalanche is trading at $18.70, with predictions of an over 30% price increase in August that could drive the token to $24.31. However, this expected rise may be accompanied by price volatility, which is characteristic of the broader crypto market.

As Avalanche continues to grow, it remains an attractive option for investors seeking high returns despite the inherent risks and fluctuations that come with the territory. The token’s strong performance over the past year shows its potential as a critical player in the crypto space, especially as it continues to innovate and expand its ecosystem.

DigiHorse (DIGI) Ignores Market Conditions as Investors Snap Up Presale

DigiHorse Empires is making waves in the blockchain gaming industry with its innovative play-to-earn features, drawing significant investor interest. Players can earn through various gameplay elements, including race winnings, where NFT horse owners compete for financial rewards. The game also allows players to own and manage virtual hippodromes, providing venues for races and generating income from entry fees and advertising. Additionally, players can breed and sell NFT horses, potentially profiting from unique traits and rarities.

The marketplace in DigiHorse Empires offers opportunities for trading and collecting assets while staking the game’s native tokens can provide passive income. Special in-game events and tournaments offer further earning potential, along with the training and development of horses to enhance their value. The game also includes a virtual real estate aspect, where players can buy and sell hippodromes, adding another layer of investment and profit potential. 

This comprehensive ecosystem positions DigiHorse as a standout player in the blockchain gaming sector, with the potential for significant returns.

Learn More About the Thrilling Opportunities of DigiHorse ($DIGI) Presale Now!

Website: DigiHorse Empires  

Twitter: DigiHorse Empires  

Telegram: DigiHorse Empires Official 

Presale: https://digihorseempires.io/?utm_source=PR+tena&utm_medium=pressrelease

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