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Showing posts from January, 2024

Bracket Labs Expands Cross-Chain to Deliver Volatility Trading Product, Passage, to BNB Chain’s 1+ Million Users

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Panama City, Panama, February 1st, 2024, Chainwire Integration Comes on the Heels of $2 Million Investment Led By Binance Labs Bracket Labs, a leader in on-chain volatility trading, announces the integration of its trading product, Passage, with BNB Chain, expanding Bracket’s simple, one-click trading platform to the most active trading blockchain in Decentralized Finance. Crypto markets cyclically fluctuate through long periods of sideways trading followed by short periods of volatility. To take advantage of these conditions, Bracket innovates on traditional financial instruments and delivers an all-new leveraged trading product for volatility that is ideal in both sideways and trending markets.  With more than $3.2 billion in total value locked and 1+ million daily active users on BNB Chain, Bracket Labs will have access to increased liquidity for faster transactions and improved pricing. With this launch, Bracket Labs further diversifies its platform for traders with acc...

3 tokens with 10x growth potential for February 2024

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Investors perpetually search for the next significant opportunity, and as we approach February 2024, three tokens are positioned as potential game-changers with the prospect of exponential growth: Retik Finance, Ripple (XRP), and Cardano (ADA). Let's delve into each of these tokens and examine why they distinguish themselves in the ever-evolving landscape of opportunities. Retik Finance (RETIK): Revolutionising Financial Accessibility Retik Finance is a beacon of hope in the world of traditional finance plagued by inefficiencies and exclusivity. As a utility-rich token, Retik Finance aims to bridge the gap between the fiat and crypto worlds, offering solutions to long-standing challenges faced by individuals and businesses alike. One of the key drivers behind Retik Finance's growth potential is its focus on accessibility. Traditional banking often excludes millions of individuals without a formal banking history or those residing in remote areas. Retik Finance seeks to br...

Unlocking Bitcoin's Potential: Introducing Merlin Chain, a Native L2 Solution

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NewYork, United States, January 31st, 2024, Chainwire This week, the much-anticipated Bitcoin L2 solution Merlin Chain went live on its testnet, while its mainnet is scheduled to be launching within a month as well. Bitcoin's Network Congestion Dilemma and Scaling Solutions The evolution of Ordinals over the past year has brought the attention back to the Bitcoin ecosystem after a long period. While enhancing the excitement of the bitcoin ecosystem, it has also increased the exhaustion of network resources. The increasingly high cost of transactions, coupled with the rising price of Bitcoin itself, has added further congestion to the network and discouraged new users from becoming interested in Bitcoin. (Bitcoin Daily Average Transaction Fee $: YCharts) The idea of developing an EVM-compatible L2 network has been recognized as the one that would deliver the results first due to the simpleness of its implementation path. Merlin Chain is also one of the EVM-compatible L2 chains, bein...

Sui Blasts into DeFi Top 10 as TVL Surges Above $430M

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GRAND CAYMAN, Cayman Islands, January 30th, 2024, Chainwire In the past four months, Sui TVL has jumped by more than 1000%, vaulting the network past Base, Cardano, and Bitcoin in its meteoric DeFi rise Sui, a leading Layer 1 blockchain that was created by the team that led Meta’s Diem crypto project, continued its blistering DeFi growth, surpassing $430M in Total Value Locked (TVL) and moving into the top 10 blockchains by that metric. Alongside this torrid ascent of TVL, on-chain activity has exploded as well. Weekly DeFi volume is up more than 1200% since October demonstrating the growth in demand that will drive a sustained flywheel effect that supports the future expansion of the entire Sui DeFi ecosystem.    "Less than a year since the launch of its mainnet, the growth of the Sui DeFi ecosystem has been nothing short of remarkable. This momentum validates both the technology and dedication of the Sui community,” said Greg Siourounis, Managing Director of...

The revolutionary Massa ecosystem is launching now

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Paris, France, January 30th, 2024, Chainwire With a 150k-strong community, thousands of nodes around the world, a custom consensus technology, and its native MAS token, the award-winning Massa blockchain is launching with unique features such as Autonomous Smart Contracts, enabling decentralization and resilience. Massa’s vision is to allow apps to be deployed on thousands of computers around the world and operate autonomously forever without relying on any external infrastructure, while being resistant to censorship and hacking. After a successful mainnet bootstrap on January 15th, 2024 , millions of blocks and close to 100,000 transactions have already been settled by the high-throughput L1 blockchain. Building on top of that backbone, Massa has laid down its strategy for ecosystem development and liquidity buildup. The Massa Foundation was freshly created in Switzerland to handle the Massa ecosystem, orchestrate incentive programs, and fuel community initiatives of all sorts...

Banxa Integration Brings Seamless, Low-Cost Fiat On-Ramps to Sui, Off-Ramps Coming Soon

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GRAND CAYMAN, Cayman Islands, January 29th, 2024, Chainwire Users will benefit from 0% gateway fees for accessing SUI tokens on Banxa for a limited time.* (*Fee waiver is not available for UK customers) Banxa, the leading payments infrastructure provider for the crypto-compatible economy, has announced it will add the SUI token to its platform. The integration will increase access to the Sui blockchain for users across the world, thanks to a suite of Banxa’s global and local payment methods, which have processed over $3 billion in transactions since its launch in 2014. Additionally, Mysten Labs’ Sui Wallet will provide users the opportunity to purchase SUI tokens through Banxa’s on-ramp and once fully integrated, to utilize its off-ramp solution.  For a limited time, there will be no transaction gateway fees for buying SUI on Banxa. Thanks to this integration, users of some of the most established Web3 platforms such as Ledger, OKX, and MetaMask, will now have sea...

The Causes behind the Demise of Coins

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Cryptocurrencies have become an integral part of the modern world, yet many eventually vanish from the market. They gained popularity due to their decentralization, anonymity, and the ability to conduct transactions without intermediaries. However, like any financial instrument, cryptocurrencies have unique characteristics and risks that can lead to their downfall. Lack of liquidity and declining trading volumes on exchanges, as indicated by the  volume indicator , are common reasons for token demise. Numerous cryptocurrencies fail to garner sufficient attention and users, resulting in decreased trading volumes and eventual removal from the market. In 2023, approximately 300 coins were deemed dead or inactive, with the peak occurring in 2021 when over 5.5 thousand tokens disappeared due to disillusionment. Understanding the origin of cryptocurrencies is crucial to elucidate the reasons for their disappearance. Creating a fiat currency is nearly impossible, but with cryptocurren...

Forget retirement, 25-year-olds will make millions with these 4 cryptocurrencies in 2024

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As we navigate through 2024, traditional norms surrounding career paths and financial strategies are undergoing a profound transformation. In an era marked by economic volatility and the lingering aftermath of a global pandemic, there's a growing sense of reevaluation among the younger generation about their financial futures. Amidst this backdrop, a compelling narrative is taking shape, suggesting that Gen Z has the opportunity to carve a path to financial liberation and amass wealth through the strategic use of cryptocurrencies. Among the digital assets leading this charge are Tron, Cardano, Stellar, and notably, Retik Finance. Each of these cryptocurrencies embodies the promise of significant financial returns, potentially offering an escape from the conventional 9-to-5 work routine for those in their mid-twenties. This notion resonates particularly strongly with young individuals under 25, who are increasingly recognizing the potential of Retik Finance as a vehicle for achi...

DOGE's Price Stabilizes And Consolidates Above $0.076

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Jan 28, 2024 at 22:58 // Price Author Coin Idol The price of Dogecoin (DOGE) has fallen below the moving average lines but remains above the $0.076 support. Price Analysis by Coinidol.com. Dogecoin price long-term forecast: bearish The cryptocurrency has stabilized above the current support level of $0.076 since the price drop on January 3, 2024. The upward movement has been limited by the moving average lines. The 21-day SMA currently limits the cryptocurrency's future uptrend. DOGE has retraced after reaching the 21-day SMA barrier line. It is currently wo...

XP Network partners with Decorai

XP Network partners with Decorai! The essence of Decoarai is rooted in the story crafted by an entrepreneurial spirit, driven by dreams and perseverance. Decoarai’s Quest to Revolutionize the Intersection of ART, Culture, and Tech The goal of Decoarai is to lead the charge in transforming ART, Culture, and Tech through the collaborative use of technology and creative expression. The platform firmly believes in the power of innovation to reshape industries and open up new avenues for artistic exploration. Revolutionizing Print Media with Decorai’s Expert Team Decorai boasts a team of specialists in Web3, AI, and media, allowing them to leverage cutting-edge technologies like Augmented Reality (AR) to revolutionize traditional print media. Its approach seamlessly blends the physical beauty of print with the boundless potential of the digital world, culminating in an immersive reading experience. Decoarai’s Augmented Reality Transcends Traditional Publishing Decoarai has ...

Aleph.im launches Twentysix Cloud: An enhanced marketplace for Decentralized Cloud Computing

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Paris, France, January 26th, 2024, Chainwire Twentysix Cloud is an all-in-one, decentralized cloud marketplace, powered by aleph.im's Decentralized Physical Infrastructure Network (DePIN). This launch marks a significant step in bridging decentralized cloud solutions with the growing demand for computing resources.  Aleph.im announces the launch of its innovative hub. Twentysix Cloud is a decentralized cloud marketplace offering a full range of blockchain-based storage, compute engine, indexing, and AI solutions for businesses and applications. By leveraging the aleph.im network , Twentysix Cloud ensures a secure, resilient, and transparent user experience. It sets a new standard for modern cloud infrastructures, utilizing tens of independent nodes worldwide. The decentralized design of Twentysix Cloud meets the evolving needs of businesses and developers. It provides a versatile environment for a wide range of applications, empowering users through a robust architecture that seam...

3 tokens under $0.4 to grow 15x in 2024 itself

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Step into the thrilling world of cryptocurrency possibilities where three tokens, each priced under $0.4, await their moment to shine in 2024. Retik Finance, the disruptor bridging traditional finance and crypto realms; Shiba Inu, the meme-fueled sensation with dreams of deleting a zero; and Pepe, the internet frog-inspired meme coin making leaps in the market.  Uncover the narrative of 15x growth potential as we embark on a journey through presales, strategic listings, mega giveaways, and the ever-exciting crypto landscape. Fasten your seatbelts as we explore the untamed terrain of Retik, Shiba, and Pepe – the trifecta of crypto brilliance! Retik Finance: Bridging the Gap for 15x Growth Retik Finance has emerged as a transformative force in the decentralised finance (DeFi) landscape, focusing on bridging the gap between traditional finance and the crypto realm. The project's success is evident from its comprehensive ecosystem, including the Retik Wallet, DeFi Debit C...

Retik Finance (RETIK) Surging Presale Signals Mainstream Acceptance: $200 Could Become $200,000 by 2025

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In the ever-evolving world of cryptocurrencies and decentralised finance (DeFi), Retik Finance (RETIK) is making waves. This innovative project has been gaining immense traction, particularly during its presale phases, indicating a growing appetite for its groundbreaking solutions. With the potential for substantial gains, some investors are eyeing the possibility of turning a modest $200 investment into a staggering $200,000 by 2025. In this article, we'll explore the Retik Finance phenomenon, the factors contributing to its surging presale success, and the prospects it holds for the future. The Rise of Retik Finance Retik Finance is a DeFi project that has garnered significant attention within the cryptocurrency community. It stands out for its visionary approach to bridging the gap between traditional finance and the crypto world. Here are some key aspects of Retik Finance that have fueled its meteoric rise: 1. Crypto DeFi Debit Card : Retik Finance introduces DeFi debit...

OG Crypto Coins Set To Pump Next In The 2024 Bull Run - ETH, IOTA, LINK, LTC, XRP

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The cryptocurrency market is on the cusp of a major bull run in 2024, with a multitude of factors aligning in favor of the bulls. The US Securities and Exchange Commission has already approved 11 spot Bitcoin ETFs and will likely approve all spot Ethereum ETF applications by May of this year as well.  The likelihood of the US Federal Reserve adopting a dovish monetary policy in 2024 and cutting its benchmark interest rates will also provide a strong boost to crypto prices. As will the upcoming Bitcoin halving in April and the US presidential elections in November.  6 OG Cryptocurrency That Will Skyrocket In The 2024 Bull Run With prices expected to skyrocket, all eyes are naturally on the proven players - the OG crypto coins that have generated explosive gains during the previous bull markets.  Bitcoin - the ultimate OG cryptocurrency - has already displayed a glimpse of its price potential, surging over 60% since October of 2023. The Bitcoin price already hit a...