The post BlackRock CEO: Ethereum ETF Still in Play, Regardless of Security Tag appeared first on Coinpedia Fintech News The world of cryptocurrency is abuzz with talk of a potential Ethereum ETF, and BlackRock, the world’s largest asset manager, is throwing its weight behind the idea. Larry Fink, BlackRock’s CEO, has expressed confidence that an Ether-based ETF could be launched, even if the SEC classifies Ether (ETH) as a security. This news comes amidst ongoing scrutiny by the SEC regarding the classification of Ether. The SEC is yet to decide whether Ether falls under the category of a security, but BlackRock seems unfazed by this uncertainty. Their confidence likely stems from the success of their Bitcoin ETF, which has garnered significant interest from investors. NEW: Larry Fink on $ETH spot ETF: @CGasparino: There's a lot of noise about the SEC declaring ether a security which would take it out of the bitcoin category as a commodity. How does that translate into an ETF?Fink: “I don’t think – look and I really can’t talk about this… https://t.co/si9ZiM6z30 pic.twitter.com/SVFcGvwRRg— Eleanor Terrett (@EleanorTerrett) March 27, 2024 Key Points: Here’s a deeper dive into what this means for the future of Ether ETFs: BlackRock Bullish on Bitcoin, Cautious on Ethereum Demand: While BlackRock is a strong advocate for Bitcoin, they haven’t witnessed a significant demand for Ethereum from their clients yet. This might be a point to consider for investors looking to gauge market sentiment. Ether Classification as Security Not a Roadblock: The possibility of the SEC classifying Ether as a security is a hurdle, but not necessarily a roadblock. BlackRock believes that an ETF could still be launched even with this classification. Eight Other Issuers in the Race: BlackRock isn’t the only player in the game. Eight other issuers have filed applications with the SEC for a spot Ether ETF. This indicates a strong institutional interest in bringing Ether ETFs to the market. SEC Decision on Ether’s Classification Due in May: The wait for clarity won’t be too long. The SEC’s decision on Ether’s classification is expected by May 2024. This will provide more direction for the future of Ether ETFs. Future Perspective: The approval of an Ether ETF could lead to increased oversight of Ether by the SEC. However, considering the success of the Bitcoin ETF, the overall sentiment surrounding Ether ETFs remains positive. With BlackRock, a major financial institution, backing the idea, a green light for Ether ETFs seems like a possibility in the future.
In the lead up to UK Fintech Week and the flagship event IFGS 2024, Janine Hirt, CEO, Innovate Finance, & Louise Smith, Chair, Innovate Finance, introduce the theme ‘Fintech’s Next Generation: Shaping the Decade to Come’, whilst reflecting on the success and challenges across the investment landscape in 2023. We hear about Innovate Finance's recently launched Unicorn Council for UK FinTech and wha...
The post New Solana Memecoin Hype: Lucky Boo Token Round One – Gone in Hours! Round Two Unlocks for the Fortune Seekers appeared first on Coinpedia Fintech News Wednesday, March 27, 2024 – In a landmark launch for the Pre-Sale, a new Solana meme coin called (Lucky Boo) has been revealed via a Pre-sale ahead of an upcoming Launch and an Epic airdrop event. Much to the excitement of meme hunters, the freshly launched meme token Lucky Boo’s presale sold out its first round in just a few hours. There are ambitious plans for a DEX launch and an epic airdrop. Second Chance for the Bold In response to the overwhelming demand, Lucky Boo has announced the opening of its second pre-sale round, extending an invitation to those brave enough to seize this opportunity. This round not only offers an early investment advantage but also aligns with Lucky Boo’s vision of having the token in every crypto enthusiast’s wallet, reinforcing the adage that fortune indeed favours the bold. Each pre-sale round allocates 1,6% of the total token supply, with these initial rounds forming the Circle of Fortune—an elite group set to become one of the most revered in the crypto community. Lucky Boo’s Strategic Debut: Dive Into the $BOO Phenomenon With its first pre-sale round opening for just 3 days, 7 hours, and 7 minutes, ‘memeheads’ quickly jumped on the opportunity, snapping up Lucky Boo Tokens in a frenzy that saw the allocated tokens for the round sold out in just a few hours. This had set the crypto community’s passion to secure their share of $BOO’s luck. Even though it hasn’t officially started yet, Lucky Boo has already stood out among many meme coins because of its smart market strategy and the big plans for marketing. The project is using a big part (45%) of its tokens for marketing. This is making it one of the most looked-forward- tokens in the Solana system. Building on the success of recent breakout launches on Solana such as Smog, Myro, Bonk and Dogwifhat, Lucky Boo Token is set to become a sensational success with a supercharged airdrop campaign. Navigating the Meme Coin Landscape The emergence of Lucky Boo comes at a time when the meme coin sector is witnessing a shift towards the Solana blockchain, known for its speed and low transaction costs. This transition is partly influenced by the limitations observed in Ethereum-based tokens like PepeCoin (PEPE), which, despite its previous success and a peak market cap of $3.4 billion, now competes with the dynamism of Solana’s meme coin offerings such as Bonk, Dogwifhat, and the recent Lucky Boo. Therefore, Ethereum meme coin holders are diversifying their portfolios and heavily investing in Solana-based tokens. Huge 40% of Token Supply Designated to Airdrop Lucky Boo’s tokenomics reveal a dedicated allocation of 40% of the token supply for airdrop rewards, showcasing the team’s commitment to engaging the community and driving excitement. This strategy aims not only to attract attention but also to ensure active participation and potential rewards for Lucky Boo Token holders. Coupled with focused marketing efforts, this allocation underscores the team’s ambition to leave a lasting impact in the meme coin space, promising exciting developments and rewards for participants. Furthermore, with tokenomic dynamics reducing the circulating supply, the Lucky Boo Token has a much stronger comparative start than previous Solana meme coin pumps such as BONK – which still stands at an incredible +6215% YTD despite its retracement. How to Buy BOO Token and Participate in the Lucky Boo Airdrop Campaign? In order to participate in the Lucky Boo Pre-sale, traders will need to use a Solana-compatible wallet such as Phantom. Then using SOL or USDT tokens users can swap for BOO via the Lucky Boo website. To boost your chances of being selected for the Loyal Chosen and to increase your airdrop earnings, take on the challenge of completing the community task list on Zealy. Join the Lucky community on X (Twitter) and Telegram to stay tuned with the latest news and updates. GET BOO HERE
A third of EU banks do not currently offer an instant payments service and the majority have been discouraged by the January 2025 deadline, according to recently published research.
The post Solana Meme Coin Presale Trend Continues as Slothana Reaches $1M appeared first on Coinpedia Fintech News Solana remains a hotbed for meme coins – and presale phases are emerging as the go-to launch strategy. Speculative buyers are flocking to these early investment opportunities in the hope of riding the next viral meme coin to the moon. Slothana (SLOTH) is the latest project to tap into this trend, and it’s clearly striking a chord with investors, having just passed $1 million in presale fundraising. Solana Meme Coin Mania as TVL & Active Addresses Soar The Solana meme coin ecosystem has been on a tear in recent months thanks to the blockchain’s low fees and high throughput. This surge in activity has pushed Solana to new heights, with the network now rivalling Ethereum as the go-to destination for meme coin projects. The numbers speak for themselves – Solana’s total value locked (TVL) recently passed $4.5 billion for the first time in nearly two years. The number of new and active addresses on the network has also peaked, largely due to the meme coin frenzy that has taken hold of the Solana ecosystem. Projects like Bonk (BONK) and dogwifhat (WIF) have led the charge, with their passionate online communities driving unparalleled levels of engagement. The success of these tokens has inspired a wave of new meme coin launches on Solana, each looking to replicate their formula. As such, the Solana meme coin space has ballooned to over $7.2 billion. Book of Meme Token Fuels Solana’s Presale Frenzy The rise of meme coin presales on Solana has been nothing short of remarkable. These early investment opportunities, which enable buyers to snag tokens ahead of official listings, have quickly become the preferred fundraising method for new projects. The allure of overnight riches has proven too tempting for many – with some presales raking in eight-figure sums in minutes. The jaw-dropping returns earned by early backers of Book of Meme (BOME) have boosted the speculation even more. However, not everyone is thrilled about this “Wild West” atmosphere. Since countless projects have been launched, the chances of finding one that will actually deliver on its promises are slim. Despite the risks, the hype around Solana-based presale shows no signs of slowing down – and investors worldwide continue to hunt for the next low-cap meme coin to explode in value. Slothana’s Unique Presale Formula Drives $1M Raise Ahead of Market Debut The success stories of Solana-based meme coin presales have captured the attention of the crypto community, and Slothana appears to be the latest project to follow in their footsteps. Launched just days ago, Slothana has quickly emerged as Solana’s newest sensation, raising over $1.1 million already. What sets Slothana apart is its unique presale structure. Unlike many other projects that employ tiered or staged presales, Slothana’s team opts for a more direct approach. Investors can send SOL tokens to a designated wallet address and receive SLOTH tokens in return at a fixed rate of 10,000 SLOTH per SOL contributed. Slothana’s team has also added a buy widget to the website for those who prefer to make purchases by connecting a wallet compatible with the Solana network. Given the incredible early fundraising amount, many early backers speculate that Slothana could be the next Book of Meme and turn tiny investments into life-changing gains. The project’s strategic timing is also adding to the bullish sentiment. With highly anticipated events like “Doge Day” coming in just a few weeks, Slothana looks to have tapped into a perfect storm of hype and speculation. Slothana has even caught the eye of crypto YouTuber ClayBro, who featured the project in a recent video for his audience of over 123,000 subscribers. As SLOTH gears up for its open market debut, all eyes are on whether this sloth-themed token can deliver the explosive growth seen with other Solana presale coins. Those looking to buy SLOTH tokens can do so by heading to slothana.com.
The post Bitcoin Cash Price Breaks $560 Mark! BCH Price To Jump 15% Soon? appeared first on Coinpedia Fintech News The BCH price has reclaimed the $500 mark with a jump of over 10% within the past 24 hours. Further, the market continues to trade under a strong bullish influence, indicating a positive uptrend for this Bitcoin Cash price during the upcoming weeks. After displaying a neutral trend for a short period, the BCH price jumped 64.02% within the next two days, after which the price faced rejection at the resistance level of $508. Following this, the altcoins traded in a closed range for a while, during which the market hinted at a bearish sentiment. TradingView: BCH/USDT As the volatility in the market grew, the bulls broke down the support level, where the price traded in a closed range between $402 and $450 for twelve days, following which the bulls lost momentum and displayed a negative price action. However, the bulls held the price above the support level of $357, resulting in the bulls regaining momentum. Since then, the price has been trading positively and has recorded a jump of 58.54% in valuation. The technical indicator, MACD, displays a constant green histogram, highlighting a bullish influence in the crypto industry. Further, the averages show a rising pattern, suggesting the price will continue gaining value this week. Will BCH Price Go Up? If the market pushes the Bitcoin Cash price above the resistance level of $566, the bulls will continue to gain momentum and test its upper level of $600 this week. Furthermore, if the price continues to trade under a bullish influence, it will attempt to test its upper resistance level of $650 in the coming time. Negatively, if the bears overpowered the bulls, the BCH price would lose momentum and fall to test its support level of $508. Moreover, if the bulls fail to regain momentum, the price will further plunge and prepare to test its lower support level of $450 during the upcoming month.
The post Top Altcoins Poised To Hit All-time High in April appeared first on Coinpedia Fintech News With the Bitcoin price climbing back to test the $70,000 level, the altcoins are rising back up with additional momentum. As the overall market sentiment improves with the upcoming Bitcoin Halving this April, many altcoins are rising to a new all-time high. With a bullish week for Bitcoin and the altcoins finding a fresh breeze of relief, the bulls are ready to overtake the trend control. Further, amidst the rising anticipation of a potential bull run, these are the potential altcoins that can reach a new all-time high. So, let’s take a closer look at these potential altcoins. AI-Based Altcoin AGIX With the buzz of top AI crypto coins going for a merger, the AGIX price is preparing for a bull run for a new all-time high. The AI coin showcases six consecutive bullish days, accounting for a 35% jump from the retest of $1. In the 4H timeframe, the bullish reversal in the AGIX price showcases a rounding bottom, with a neckline at $1.40. Further, the bull run challenges the upper Bollinger band and surpasses the $1.35 mark. Currently, the AGIX price sustains above the 50% trend-based Fibonacci level and teases a bullish trend continuation. Hence, as per the price action, the altcoin price could surge to $1.70 for a new all-time high. Meme Token PEPE With a market capitalization of $3.23 billion, PEPE ranks among the top meme coins. Amidst the ongoing recovery rally and escalating FOMO, PEPE appears poised to surge to new all-time highs. Despite a 28% retracement from its peak of $0.00001083, PEPE’s price has soared by 181% this month alone. Despite sideways movement, PEPE reflects substantial underlying demand, hinting at a bullish breakout. This is exemplified by the formation of higher highs and robust support at the $0.0000850 level, mitigating downside risks. Considering the upcycle tops in a breakout above $0.0000085, PEPE’s price could challenge the psychological barrier of $0.000010. Beyond that, the altcoin’s price could surge to $0.000015, representing nearly a 100% increase. Akash Network (AKT) With a newly formed all-time high, the AKT price is undergoing a pullback phase, bringing a dip to buy opportunity. As the sell-off challenges key support levels, the buyers are ready to reverse the trend polarity. The AKT price downfalls to $5 for a bullish breakout retest and leads to a consolidation in the 4H timeframe. Further, as per the trend-based Fibonacci levels, the buyers are looking for a breakout rally. Considering the buyers manage a reversal rally, the altcoin price could hit the 1.618 Fibonacci level at $8.94. Conclusion For Altcoins With a positive end for March, April is anticipated to have a greater momentum recovery for the crypto market. Further, as many anticipate a bull run in the AI and MEME tokens, these altcoins could hit a new ATH.
The post Red Tiger at SirWin Casino appeared first on Coinpedia Fintech News Embark on a captivating journey where every spin is a story, and every win is a celebration, with Red Tiger’s masterfully crafted slots at SirWin Casino. Renowned for their stunning graphics, innovative gameplay, and engaging features, Red Tiger takes you on an unforgettable voyage through enchanted realms and thrilling adventures. Today, we spotlight three of Red Tiger’s most celebrated slots: Gonzo’s Quest Megaways, Dragon’s Fire, and Piggy Riches Megaways. Each game is a unique blend of vibrant themes, mesmerizing mechanics, and the potential for legendary wins. Gonzo’s Quest Megaways: A New Chapter in the Quest for El Dorado Embark on an Epic Adventure with Gonzo Gonzo’s Quest Megaways revives the legendary quest for the lost city of gold with a thrilling twist. This enhanced version of the classic adventure slot incorporates the Megaways mechanic, offering up to 117,649 ways to win on each spin. Journey through the jungle alongside Gonzo, as cascading symbols, earthquake features, and unbreakable wilds pave the way to riches hidden within the ancient temple. The Free Fall feature promises a deluge of free spins and increasing multipliers, making each step of Gonzo’s quest more exhilarating than the last. Join Gonzo’s Legendary Expedition with a Bonus! Gear up for adventure with an exclusive bonus for Gonzo’s Quest Megaways at SirWin Casino. Visit our Bonus page, claim your explorer’s reward, and let the quest for El Dorado lead you to untold treasures. Dragon’s Fire: Unleash the Heat for Scorching Wins Enter the Dragon’s Lair for Legendary Riches Dragon’s Fire invites you to face the fearsome dragon guarding its treasure in a fiery lair. This visually stunning slot offers 5 reels, 40 paylines, and features like the Dragon’s Egg Multiplier, which can amplify consecutive wins up to 50x. The Fire Blasts feature can ignite reels, transforming them into wilds or free spins, while the Dragon’s Eye Boost can increase the multiplier for even greater wins. Dare to awaken the dragon, and the wealth of the lair could be yours. Claim Your Fiery Fortune with a Bonus! Brave the dragon’s lair with an exclusive bonus for Dragon’s Fire at SirWin Casino. Navigate to our Bonus page, claim your fiery bonus, and let the dragon guide your way to scorching wins. Piggy Riches Megaways: Wealth Awaits in This Lavish Estate Live the High Life with the Rich Piggies Piggy Riches Megaways, a luxurious twist on the classic Piggy Riches slot, offers a glimpse into the opulent world of wealthy pigs. Enhanced with the Megaways mechanic, this game provides up to 117,649 ways to win across its mansion-themed reels. Mega Wilds, Free Spins with unlimited win multipliers, and the lavish lifestyle of Mr. and Mrs. Piggy ensure that every spin is dripping with wealth. Spin the reels in this estate of extravagance, and the riches of the piggy bank could soon be yours. Indulge in Luxury with Your Exclusive Bonus! Step into the world of wealth with an exclusive bonus for Piggy Riches Megaways at SirWin Casino. Head over to our Bonus page, claim your opulent bonus, and let the lavish lifestyle of the piggies inspire your path to riches. At SirWin Casino, Red Tiger’s slots are more than just games; they’re vibrant expeditions into worlds filled with wonder, adventure, and the promise of wealth. Whether you’re uncovering the secrets of El Dorado, challenging the might of a dragon, or living the high life with wealthy pigs, your journey to legendary wins begins here. Claim your bonuses today and experience the unique magic that only Red Tiger and SirWin Casino can offer.