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		<title>Dogwifhat and FLOKI count on sharp recovery while RECQ presale attracts new memecoin hype wave</title>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Tue, 16 Apr 2024 14:04:36 +0000</pubDate>
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<p>[ad_1] The dogwifhat (WIF) token price is predicted to make a recovery and rise above $3 The FLOKI token price expected to course correct and trade above $0.00025 Rebel Satoshi’s $RECQ presale price has risen by 85% since the presale started. The investors of top crypto coins like dogwifhat (WIF) and FLOKI are counting on [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/dogwifhat-and-floki-count-on-sharp-recovery-while-recq-presale-attracts-new-memecoin-hype-wave/">Dogwifhat and FLOKI count on sharp recovery while RECQ presale attracts new memecoin hype wave</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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<p>The dogwifhat (WIF) token price is predicted to make a recovery and rise above $3<br />
The FLOKI token price expected to course correct and trade above $0.00025<br />
Rebel Satoshi’s $RECQ presale price has risen by 85% since the presale started.</p>
<p>The investors of top crypto coins like dogwifhat (WIF) and FLOKI are counting on a sharp recovery after the recent dump. Meanwhile, Rebel Satoshi’s new token, $RECQ, has become one of the best cryptos to buy during its ongoing presale.</p>
<p>Let’s understand why $RECQ is causing the meme coin hype to grow ahead of top altcoins like WIF and FLOKI.</p>
<h2>The dogwifhat (WIF) price drops sharply amid broader market dip</h2>
<p>One of the top-performing altcoins in the market, dogwifhat (WIF), has not been untouched by the recent market volatility. Initially, the WIF token dropped to $2.02 on March 20 before bouncing again. The token then rose by 137.6% to an all-time high of $4.80 on March 31.</p>
<p>Since then, the dogwifhat token has dropped drastically as the market has fallen. It was trading at $2.72 on April 13, with a drop of 43.3%. While its price dropped, the dogwifhat (WIF) Perpetual Contracts went live on the Woofi exchange on April 12.</p>
<p>As a result, the WIF token is primed to rise again going forward. Experts predict that the dogwifhat will rise above $3 and beyond.</p>
<p><img decoding="async" class="alignnone size-full wp-image-198347" src="https://coinjournal.net/wp-content/uploads/2024/04/Market-cap.png" alt="" width="587" height="73"/></p>
<h2>FLOKI continues to trade in red after briefly showing strength</h2>
<p>The FLOKI token has faced turbulent times since the end of the meme coin run in mid-March. The FLOKI token first dropped to $0.00016 on March 19 before it bounced back along with the market. The FLOKI price then went up by 62.4% to $0.00026 on March 28 as a result. However, this bounce was also cut short as the FLOKI token has been on a downtrend since then.</p>
<p>The FLOKI price has since dropped by 42.3% to trade at $0.00015 on April 13. While FLOKI dropped, its DAO proposed prioritizing Token holders and stakers on TokenFi on April 8. The FLOKI token was listed on Thailand’s Bitazza Exchange on April 12.</p>
<p>Hence, the dip in the FLOKI price is being seen as temporary. Experts predict the FLOKI price to rise above $0.00025 in the coming months.</p>
<h2>Rebel Satoshi’s second token presale attracts investors attention</h2>
<p>The innovative and groundbreaking project Rebel Satoshi has proven to be a game-changer for the memecoin landscape. Rebel Satoshi is not a mere memecoin but is a revolution inspired by the ideals of Guy Fawkes and Satoshi Nakamoto. Rebel Satoshi is a movement against the elites and the centralized financial institutions.</p>
<p>The Rebel Satoshi ecosystem and movement are built on the twin pillars of the $RBLZ and the $RECQ tokens. The Rebel Satoshi rebellion aims to grow to a market cap of $100 million. Rebel Satoshi has made the $RBLZ and the $RECQ contracts public that have been audited by SourceHat.</p>
<p>Rebel Satoshi is conducting the presale of the $RECQ token right now after raising $2.5 million with the $RBLZ presale. The $RECQ token is priced at $0.0037 in Stage 1 after surging 85% already from the Early Bird Stage. The $RECQ presale is forecast to generate 237.8% returns for the current investors, with its price scheduled to rise to $0.0125 by the end of the presale. That growth is the reason many investors consider the $RECQ token to be one of the best altcoins to buy right now.</p>
<p>For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram.</p>
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<p>The post <a href="https://xnftcrypto.com/dogwifhat-and-floki-count-on-sharp-recovery-while-recq-presale-attracts-new-memecoin-hype-wave/">Dogwifhat and FLOKI count on sharp recovery while RECQ presale attracts new memecoin hype wave</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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		<title>ORDI, Fantom en Aave prijzen leiden daling, BitBot tart zwaartekracht</title>
		<link>https://xnftcrypto.com/ordi-fantom-en-aave-prijzen-leiden-daling-bitbot-tart-zwaartekracht/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=ordi-fantom-en-aave-prijzen-leiden-daling-bitbot-tart-zwaartekracht</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Mon, 15 Apr 2024 14:03:56 +0000</pubDate>
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<p>[ad_1] ORDI, Fantom (FTM), and Aave were among the worst performers in the crypto industry during the weekend as the crypto sell-off intensified. The ORDI token crashed by over 15% in the past 24 hours and has retreated by over 50% from its highest point this year. Fantom, on the other hand, crashed by over 8% in [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/ordi-fantom-en-aave-prijzen-leiden-daling-bitbot-tart-zwaartekracht/">ORDI, Fantom en Aave prijzen leiden daling, BitBot tart zwaartekracht</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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<p dir="ltr">ORDI, Fantom (FTM), and Aave were among the worst performers in the crypto industry during the weekend as the crypto sell-off intensified. The ORDI token crashed by over 15% in the past 24 hours and has retreated by over 50% from its highest point this year.</p>
<p dir="ltr">Fantom, on the other hand, crashed by over 8% in the past 24 hours and has retreated by more than 45% from the year-to-date high. Similarly, the AAVE token plunged to a low of $72.76, which is much lower than the year-to-date high of $153.90. The other most popular laggards were coins like KuCoin Token (KCS), XRP, and Ethereum Classic.</p>
<p dir="ltr">Not all cryptocurrencies were in the red. Bittensor (TAO) token rose by over 20% in the past 24 hours while Celestia (TIA), Dogwifhat (WIF), and Wormhole (W) soared by more than 10%. BitBot too continued its token sale, raising over $2 million.</p>
<h2 dir="ltr">Why cryptocurrencies plunged</h2>
<p dir="ltr">There are three main reasons why cryptocurrencies crashed during the weekend. First, crypto investors are likely selling the news as the Bitcoin halving event is set to happen in less than two weeks.</p>
<p dir="ltr">This situation is known as buying the rumour and selling the news. They have already bought the rumour as the coin has surged from below $20,000 to a high of over $73,000.</p>
<p dir="ltr">Second, they crashed because of the geopolitical risks that accelerated during the weekend. Iran retaliated against Israel by firing over 300 drones and rockets. Most of these strikes were unsuccessful, helped by the country’s iron dome.</p>
<p dir="ltr">These tensions mean that the price of crude oil could continue rising in the coming weeks. Brent, the global benchmark, has already jumped to a multi-month high of $92.</p>
<p dir="ltr">Third, there are signs that the Federal Reserve will not cut interest rates in the coming months as was widely expected. That explains why the US dollar index has jumped while US equities and bonds have retreated.</p>
<p dir="ltr">Still, in the long term, analysts believe that cryptocurrencies will continue doing well because of Bitcoin. Besides, the coin is still getting rare because of halving while institutional investors are moving to the coin.</p>
<h2 dir="ltr">BitBot token sale intensifies</h2>
<p dir="ltr">BitBot is thriving even as the crypto sell-off continues. The developers have already raised over $2.3 million from investors and are slowly nearing stage ten’s target of $2.5 million.</p>
<p dir="ltr">For starters, BitBot is one of the most ambitious companies in the blockchain industry. The developers are aiming to disrupt the fast-growing Telegram bot market that has been rife with fraud for years.</p>
<p dir="ltr">BitBot will be a Telegram bot with some of the most advanced features in the industry. In addition to technical indicators, the platform will have advanced artificial intelligence (AI) features that will help give near-accurate signals.</p>
<p>Further, BitBot will be powered by blockchain technology, which will help to reduce or prevent fraud. This technology will also help to decentralize the network, making it possible for all token holders to take advantage of its governance. You can buy the BitBot token here.</p>
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<p>The post <a href="https://xnftcrypto.com/ordi-fantom-en-aave-prijzen-leiden-daling-bitbot-tart-zwaartekracht/">ORDI, Fantom en Aave prijzen leiden daling, BitBot tart zwaartekracht</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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		<title>This Is Why Solana Dropped Below $150 Amid Congestion Fixes</title>
		<link>https://xnftcrypto.com/this-is-why-solana-dropped-below-150-amid-congestion-fixes/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=this-is-why-solana-dropped-below-150-amid-congestion-fixes</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Sun, 14 Apr 2024 14:03:15 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Solana Dips Below $140 Amid Network Congestion Fixes" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes.jpg 1280w, https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes-300x169.jpg 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes-1024x576.jpg 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes-768x432.jpg 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div>
<p>[ad_1] Solana developers have issued an urgent update to tackle the blockchain network’s ongoing congestion challenges. Anza, a prominent infrastructure developer, successfully deployed version 1.18.11 as a congestion fix to the Solana devnet and invited validators to test its efficacy. Network Fixes Target Congestion The Solana-focused software development firm urged all testnet validators to upgrade [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/this-is-why-solana-dropped-below-150-amid-congestion-fixes/">This Is Why Solana Dropped Below $150 Amid Congestion Fixes</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Solana Dips Below $140 Amid Network Congestion Fixes" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes.jpg 1280w, https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes-300x169.jpg 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes-1024x576.jpg 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/This-Is-Why-Solana-Dropped-Below-150-Amid-Congestion-Fixes-768x432.jpg 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div><p> [ad_1]<br />
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<p>Solana developers have issued an urgent update to tackle the blockchain network’s ongoing congestion challenges.</p>
<p>Anza, a prominent infrastructure developer, successfully deployed version 1.18.11 as a congestion fix to the Solana devnet and invited validators to test its efficacy.</p>
<h2 class="wp-block-heading" id="h-network-fixes-target-congestion">Network Fixes Target Congestion</h2>
<p>The Solana-focused software development firm urged all testnet validators to upgrade their systems promptly to facilitate a thorough analysis of the impact of the proposed solution.</p>
<p>Over the past weeks, Solana has grappled with elevated transaction failure rates, exacerbated by an influx of bots exploiting meme coin activity. As a result, several Solana-based protocols were forced to postpone their launch due to network congestion. </p>
<p>Notably, there are indications that the situation might be improving. Phantom, the foremost wallet provider on Solana, revealed that its transaction success rates have significantly improved.</p>
<blockquote class="wp-block-quote">
<p>“For the past 24 hours, our metrics show that transactions have been landing nearly 90% of the time, almost a 5x improvement from a week ago. Sending and swapping in Phantom should be much more reliable now. If you are still having issues, retrying should be a quick fix,” Phantom said.</p>
</blockquote>
<p>Meanwhile, Jacob Creech, the head of developer relations at the Solana Foundation, praised the network’s response to the congestion issues.</p>
<blockquote class="wp-block-quote">
<p>“In the 2022 network congestion, core engineers were the main contributors to fixing the problem. Now we have core engineers, dapps, validators, RPCs, developers, and more laser-focused on improving UX. Solana’s developer community is maturing. We will get past this and be even better for it,” Creech stated.</p>
</blockquote>
<p>Despite improving the network’s transaction situation, Solana experienced a 12% decline during the past day. This pushed its price below $140 for the first time in a month. However, the decline mirrored a broader market downturn that prompted over $860 million in crypto liquidations across major assets, including Bitcoin.</p>
<p>This price movement marks a shock occurrence for Solana. SOL’s price has been on an uptrend, rising by around 50% year-to-date. But, it has considerably struggled since peaking at above $200 in mid-March, declining by more than 13% during the past week, according to BeInCrypto data. </p>
<p>Read more: Solana (SOL) Price Prediction 2024/2025/2030</p>
<figure class="wp-block-image size-large"><img decoding="async" width="850" height="267" alt="Solana price" class="wp-image-500631 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/image-67-850x267.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/image-67-360x113.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/image-67-768x241.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/image-67-1536x483.png 1536w, https://beincrypto.com/wp-content/uploads/2024/04/image-67-150x47.png 150w, https://beincrypto.com/wp-content/uploads/2024/04/image-67.png 1827w" sizes="auto, (max-width: 850px) 100vw, 850px" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2024/04/image-67-850x267.png"/><figcaption class="wp-element-caption">Solana Price Performance YTD. Source: TradingView</figcaption></figure>
<p>These moves prompted market traders to warn that, depending on the success of the congestion fix, the current downtrend could see Solana’s price drop to as low as $120.</p>
<blockquote class="wp-block-quote">
<p>“Going to be an interesting week for Solana. If that fix is working Monday, I can see us pump straight back to $200. If not, we’ll probably see more negative price action and possibly a fall to $120-130 ranges,” Crypto trader Thor wrote.</p>
</blockquote>
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		<title>These Crypto Whales Predicted Market Dip, Sold Over $100 Million</title>
		<link>https://xnftcrypto.com/these-crypto-whales-predicted-market-dip-sold-over-100-million/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=these-crypto-whales-predicted-market-dip-sold-over-100-million</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Sat, 13 Apr 2024 14:01:55 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1279" height="719" src="https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto Whales Sold Holdings Before the Market Crash" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million.png 1279w, https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million-300x169.png 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million-1024x576.png 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million-768x432.png 768w" sizes="auto, (max-width: 1279px) 100vw, 1279px" /></div>
<p>[ad_1] In the last 24 hours, Bitcoin and altcoins encountered significant volatility, resulting in a notable decline, with the overall crypto market capitalization dropping by approximately 8%, settling at $2.53 trillion. This swift market fluctuation may have taken many retail traders by surprise. However, insights from on-chain data reveal that certain large-scale investors, colloquially known [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/these-crypto-whales-predicted-market-dip-sold-over-100-million/">These Crypto Whales Predicted Market Dip, Sold Over $100 Million</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1279" height="719" src="https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto Whales Sold Holdings Before the Market Crash" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million.png 1279w, https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million-300x169.png 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million-1024x576.png 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/These-Crypto-Whales-Predicted-Market-Dip-Sold-Over-100-Million-768x432.png 768w" sizes="auto, (max-width: 1279px) 100vw, 1279px" /></div><p> [ad_1]<br />
</p>
<div>
<p>In the last 24 hours, Bitcoin and altcoins encountered significant volatility, resulting in a notable decline, with the overall crypto market capitalization dropping by approximately 8%, settling at $2.53 trillion.</p>
<p>This swift market fluctuation may have taken many retail traders by surprise. However, insights from on-chain data reveal that certain large-scale investors, colloquially known as crypto whales, foresaw the downturn and offloaded a substantial portion of their holdings.</p>
<h2 class="wp-block-heading" id="h-crypto-whales-offload-holdings">Crypto Whales Offload Holdings</h2>
<p>On-chain analysts reported that several institutional investors strategically sold portions of their holdings during the market downturn. Four crypto whales collectively offloaded 31,683 ETH, valued at approximately $106 million.</p>
<p>Among the identified crypto whales were notable entities such as Cumberland, an address linked to the bankrupt Alameda/FTX estate, and two undisclosed altcoin wallets. </p>
<p>Cumberland, a prominent institutional crypto investment firm, deposited 17,206 ETH, amounting to $57.3 million, across various exchanges. On the other hand, two crypto whales, ‘0xC3f8’ and ‘0x1717’, moved 7,976 ETH worth $26.6 million and 4,000 ETH worth $13.32 million, respectively, to Binance and other exchanges. </p>
<p>Similarly, the FTX/Alameda estate transferred 2,500 ETH, valued at around $8.33 million. Interestingly, this is not the first time the failed exchange has effectively been able to time the market before drastic sell-offs.</p>
<blockquote class="wp-block-quote">
<p>“Since March 1, FTX and Alameda have deposited 15,850 ETH, worth $58 million into centralized exchanges at roughly $3,659, and dramatic price changes tended to follow afterward,” blockchain firm SpotOnChain said.</p>
</blockquote>
<figure class="wp-block-image size-large"><img decoding="async" width="850" height="520" alt="FTX Crypto sales" class="wp-image-500605 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/image-64-850x520.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/image-64-360x220.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/image-64-768x470.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/image-64-150x92.png 150w, https://beincrypto.com/wp-content/uploads/2024/04/image-64.png 900w" sizes="auto, (max-width: 850px) 100vw, 850px" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2024/04/image-64-850x520.png"/><figcaption class="wp-element-caption">FTX Crypto Sales. Source: SpotOnChain</figcaption></figure>
<p>These significant trading activities exerted additional selling pressure on the market, contributing to the downturn. During the reporting period, BTC’s price experienced a sharp decline, plunging to as low as $65,100. </p>
<p>Although the leading cryptocurrency has slightly rebounded to around $68,000 at press time, its volatility led to a decrease in market capitalization to $1.3 trillion. According to data from CompaniesMarketCap, this positions Bitcoin behind Meta, the parent company of Facebook, in the global ranking of top assets.</p>
<p>Read more: Bitcoin Price Prediction 2024/2025/2030</p>
<p>Regardless, computer scientist Edward Snowden ridiculed the industry’s reaction to the recent dip, noting that the price of Bitcoin had remained relatively stable during the week.</p>
<blockquote class="wp-block-quote">
<p>“[I] see crypto people freaking out over prices [then I] open bitcoin chart [and see that the] price is the same as it was seven days ago,” Snowden remarked.</p>
</blockquote>
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<p>The post <a href="https://xnftcrypto.com/these-crypto-whales-predicted-market-dip-sold-over-100-million/">These Crypto Whales Predicted Market Dip, Sold Over $100 Million</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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		<title>Hong Kong’s spot ETFs report drives BTC higher; investors pile into Bitbot presale</title>
		<link>https://xnftcrypto.com/hong-kongs-spot-etfs-report-drives-btc-higher-investors-pile-into-bitbot-presale/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=hong-kongs-spot-etfs-report-drives-btc-higher-investors-pile-into-bitbot-presale</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Fri, 12 Apr 2024 14:00:56 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1500" height="1000" src="https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile.jpg 1500w, https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile-300x200.jpg 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile-1024x683.jpg 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile-768x512.jpg 768w" sizes="auto, (max-width: 1500px) 100vw, 1500px" /></div>
<p>[ad_1] Bitcoin price has flipped above $70,000, while Ethereum is above $3,500. This is after news that Hong Kong is likely to approve its first spot Bitcoin and Ethereum ETFs as soon as early next week. Bitbot (BITBOT) is nearing the $2.3 million mark in presale amid investor interest. Bitcoin is trading up, currently green [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/hong-kongs-spot-etfs-report-drives-btc-higher-investors-pile-into-bitbot-presale/">Hong Kong’s spot ETFs report drives BTC higher; investors pile into Bitbot presale</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1500" height="1000" src="https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile.jpg 1500w, https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile-300x200.jpg 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile-1024x683.jpg 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/Hong-Kongs-spot-ETFs-report-drives-BTC-higher-investors-pile-768x512.jpg 768w" sizes="auto, (max-width: 1500px) 100vw, 1500px" /></div><p> [ad_1]<br />
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<p>    <img decoding="async" src="https://coinjournal.net/wp-content/uploads/2024/04/hong-kong-reportedly-set-to-approve-btc-etf.jpg" alt="" width="100%" height="100%"/>
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<p><span style="font-weight: 400">Bitcoin price has flipped above $70,000, while Ethereum is above $3,500.</span><br />
<span style="font-weight: 400">This is after news that Hong Kong is likely to approve its first spot Bitcoin and Ethereum ETFs as soon as early next week.</span><br />
<span style="font-weight: 400">Bitbot (BITBOT) is nearing the $2.3 million mark in presale amid investor interest.</span></p>
<p><span style="font-weight: 400">Bitcoin is trading up, currently green as price hovers above $70,900. The leading cryptocurrency’s potential to break out to a new all-time high has received a new boost as reports emerge Hong Kong is set to approve its first spot Bitcoin ETFs.</span></p>
<p><span style="font-weight: 400">BTC’s upside flip is likely to push other altcoins higher, and one of the new tokens attracting the most attention is Bitbot (BITBOT).</span></p>
<h2><span style="font-weight: 400">Is Bitcoin (BTC) set to explode next week?</span></h2>
<p><span style="font-weight: 400">There are reports that Hong Kong could approve the first spot Bitcoin and Ethereum ETFs in the region as early as Monday. </span></p>
<p><span style="font-weight: 400">A Bloomberg report on Friday quotes sources as saying that the Securities and Futures Commission (SFC) is set to give it nod, just days after major Chinese funds applied to issue spot Bitcoin ETFs.</span></p>
<p><span style="font-weight: 400">While Hong Kong’s decision is not officially communicated as of writing, there’s growing positivity in the market already. In January 2024, when the US Securities and Exchange Commission (SEC) approved the first spot Bitcoin ETFs, the price of BTC skyrocketed amid massive demand.</span></p>
<p><span style="font-weight: 400">BTC reached its ATH of $73,737 in March, riding halving and spot ETFs sentiment. The SEC has called for public participation on spot ETH ETFs.</span></p>
<p><span style="font-weight: 400">Today’s news has seen the bellwether crypto flip from lows of $69,500 to currently trade above $70,900. Ethereum has also gained slightly, currently hovering above $3,520.</span></p>
<p><span style="font-weight: 400">Should the ETFs draw inflows as witnessed with BlackRock’s IBIT and others, there’s potential for BTC, ETH and other coins to rally in coming weeks. </span></p>
<p><span style="font-weight: 400">Also likely to attract investor are new tokens that could tap into the overall market strength and specific fundamentals to emerge as top performers in the market in 2024 and beyond.</span></p>
<h2><span style="font-weight: 400">Bitbot: Pioneering non-custodial trading bot on Telegram</span></h2>
<p><span style="font-weight: 400">BitBot is the pioneering non-custodial crypto trading bot, poised to enter the crypto market at a time traders are keen on available opportunities.</span></p>
<p><span style="font-weight: 400">While competing Telegram trading bots are custodial solutions – that is they control users’ private keys and thus hold their assets – Bitbot takes the approach of ‘not your keys, not your assets.” In short, Bitbot is where a Telegram bot user has the full control of their private keys and wallet.</span></p>
<p><span style="font-weight: 400">Security is key to crypto traders, who unfortunately have had to learn the hard way given incidents involving top bots such as Unibot and Banana Gun. </span></p>
<p><span style="font-weight: 400">By focusing on security through its partnership with Knightsafe, Bitbot has taken an early lead against potential rival trading apps.</span></p>
<p><span style="font-weight: 400">Bitbot app’s AI capabilities add to the superior outlook, with users able to access all the advanced institutional-grade trading tools that make trading via bots such a huge market in the crypto space. </span></p>
<p><span style="font-weight: 400">Bitbot offers all of these, including trade sniping, gem scanner, copy trading and automated execution, without compromising on user security and convenience.</span></p>
<h2><span style="font-weight: 400">Bitbot presale surpasses $2.2 million amid investor interest</span></h2>
<p><span style="font-weight: 400">The native BITBOT token is in presale and users will get access to benefits such as revenue-sharing, trading discounts and airdrops. Presale participants can buy BITBOT at the still heavily discounted price of $0.0155 in stage 10.</span></p>
<p><span style="font-weight: 400">Early bird investors have pushed the presale to near $2.3 million. Notably, there’s just five stages to go before Bitbot hits the final stage 15 and tokens debut in the market. This could be at a time when Bitcoin and Ethereum are in parabolic mode.</span></p>
<p><span style="font-weight: 400">That means current presale prices could be a real bargain and opportunity.</span></p>
<p><span style="font-weight: 400">To learn more visit the Bitbot website.</span></p>
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		<title>Injective, Litecoin price prediction as KangaMoon thrives</title>
		<link>https://xnftcrypto.com/injective-litecoin-price-prediction-as-kangamoon-thrives/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=injective-litecoin-price-prediction-as-kangamoon-thrives</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Thu, 11 Apr 2024 13:59:28 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="500" height="333" src="https://xnftcrypto.com/wp-content/uploads/2024/04/Injective-Litecoin-price-prediction-as-KangaMoon-thrives.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/Injective-Litecoin-price-prediction-as-KangaMoon-thrives.jpg 500w, https://xnftcrypto.com/wp-content/uploads/2024/04/Injective-Litecoin-price-prediction-as-KangaMoon-thrives-300x200.jpg 300w" sizes="auto, (max-width: 500px) 100vw, 500px" /></div>
<p>[ad_1] Injective (INJ) price has dropped below $40 and could struggle despite latest network developments. Litecoin (LTC) could break above $100 and eye more upside amid ETF speculation.  Elsewhere in the market, investors are aggressively buying KangaMoon (KANG). Litecoin (LTC) is seeing some action amid increased news coverage while Injective (INJ) price sits at a [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/injective-litecoin-price-prediction-as-kangamoon-thrives/">Injective, Litecoin price prediction as KangaMoon thrives</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
]]></description>
										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="500" height="333" src="https://xnftcrypto.com/wp-content/uploads/2024/04/Injective-Litecoin-price-prediction-as-KangaMoon-thrives.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/Injective-Litecoin-price-prediction-as-KangaMoon-thrives.jpg 500w, https://xnftcrypto.com/wp-content/uploads/2024/04/Injective-Litecoin-price-prediction-as-KangaMoon-thrives-300x200.jpg 300w" sizes="auto, (max-width: 500px) 100vw, 500px" /></div><p> [ad_1]<br />
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<p>    <img decoding="async" src="https://coinjournal.net/wp-content/uploads/2023/04/1682880135933-dc43913a-d50f-4d83-b5b6-934b791c9dce.jpg" alt="" width="100%" height="100%"/>
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<p>Injective (INJ) price has dropped below $40 and could struggle despite latest network developments.<br />
Litecoin (LTC) could break above $100 and eye more upside amid ETF speculation. <br />
Elsewhere in the market, investors are aggressively buying KangaMoon (KANG).</p>
<p dir="ltr">Litecoin (LTC) is seeing some action amid increased news coverage while Injective (INJ) price sits at a crucial support level. The two cryptocurrencies are among those investors are watching as sentiment around Bitcoin paints a bullish picture for top altcoins.</p>
<p dir="ltr">Here’s the price prediction for Litecoin, Injective as well as a look at why interest in new crypto project KangaMoon (KANG) is skyrocketing.</p>
<h2 dir="ltr">Litecoin price prediction amid LTC news</h2>
<p dir="ltr">Litecoin ranked among the top altcoins for a while before plunging off radar amid negative price action during the last bear market.</p>
<p dir="ltr">Now, as Bitcoin hoards all the headlines with a spike to a new all-time high, Litecoin price is slowly back into the shadows. A potential break into the spotlight may be on given fresh bullish sentiment.</p>
<p dir="ltr">Last week, Coinbase Derivatives moved the interest needle for LTC with its plans for listing Litecoin futures. The derivative product will go live on April 1. On Tuesday, the CFTC labeled LTC and ETH as commodities in its lawsuit against crypto exchange KuCoin.</p>
<p dir="ltr">There’s also speculation that institutions may be eyeing an LTC spot exchange-traded fund (ETF). The coin’s similarities to Bitcoin suggests the SEC could be open to this more than Ethereum.</p>
<p dir="ltr">While the ETF rumour is likely a long shot, a bullish outlook for Litecoin price comes into play if bulls break and strengthen above $100.</p>
<p dir="ltr">LTC jumped more than 10% late Tuesday to reach highs of $98.90.  If price breaches the immediate resistance line, it could retest the area near $130. New tailwinds at these levels could elevate LTC/USD to a multi-year high above $200.</p>
<div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 615px"><span class="fr-img-wrap"></p>
<p dir="ltr"><img loading="lazy" decoding="async" src="https://media.igms.io/2024/02/27/1711534150833-bddf4e20-6b73-48ee-96f6-56de401f1933.png" style="width: 650px" class="fr-fic fr-dib" width="650" height="311"/><span class="fr-inner"/></p>
<p dir="ltr">Litecoin price chart. Source: TradingView</p>
<p></span><br />
</span></p>
<h2 class="fr-img-space-wrap2">Injective price prediction</h2>
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<p dir="ltr">Injective (INJ) has been choppy since flipping lower from its all-time high of $52.60 on March 14. Currently, INJ trades around $38.35, down more than 5% in the past 24 hours.</p>
<p dir="ltr">INJ price is thus hovering near a key support line that has offered buyers a reload opportunity several times year-to-date. </p>
<p dir="ltr">Latest weakness for Injective comes as investors weigh the impact that an indictment on KuCoin and two of its founders may have on the market.</p>
<p dir="ltr">The US Justice Department charged the two KuCoin execs with criminal violations and KCS price plummeted amid funds outflows.</p>
<p dir="ltr">However, Injective has seen significant network growth. Indeed, its Ionic Upgrade could be a big move as the network eyes more interoperability with Ethereum, Soland and other chains. A bullish flip may help bulls target a return to above $50 and potentially new all-time high.</p>
<p dir="ltr">If bulls fail to reclaim the upper hand, a retreat into ranged trading is possible with the $40-$35 the main boundaries. The upper range could be $45 while bears might fancy the $30 support level.</p>
<div class="fr-img-space-wrap"><span class="fr-img-caption fr-fic fr-dib fr-draggable" style="width: 650px"><span class="fr-img-wrap"></p>
<p dir="ltr"><img decoding="async" loading="lazy" src="https://media.igms.io/2024/02/27/1711534081094-e260d3a3-a218-44bd-9dce-6ca020256cb9.png" style="width: 650px" class="fr-fic fr-dib" width="650" height="311"/><span class="fr-inner"/></p>
<p dir="ltr">Injective price chart. Source: TradingView</p>
<p></span><br />
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<h2 class="fr-img-space-wrap2">KangaMoon outlook as presale accelerates</h2>
</div>
<p dir="ltr">KangaMoon (KANG) is a new crypto token in presale. While it’s yet to hit the trading market, it’s attracting huge attention both for its innovative project and the potential for the native token KANG.</p>
<p dir="ltr">Driving KangaMoon is its innovative tokenomics that sees presale participants start earning KANG via various challenges and contests. The unique approach is possible because this is a meme coin project that combines SocialFi and play-to-earn.  </p>
<p dir="ltr">There’s potential for KangaMoon to grow into a top project in the P2E space, particularly with its rare NFTs and game battle arena adding to the excitement.</p>
<p dir="ltr">So far, the project has raised more than $2.8 million from early investors. The current stage 4 is nearly 40% sold out, with the price at a relatively bargain point of $0.014. The KANG value has increased from $0.005 in stage 1. </p>
<p dir="ltr">When tokens launch on exchanges post-presale, KangaMoon could be one of those projects to explode.</p>
<p dir="ltr">Notably, those who join the presale now can enjoy a 10% bonus on all purchases. Buying options include USDC, USDT, SOL, BNB, ETH and BTC.</p>
<p dir="ltr">Check out the KangaMoon website for more details.</p>
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		<title>Friend.Tech Token Launching Soon? Everything You Need to Know</title>
		<link>https://xnftcrypto.com/friend-tech-token-launching-soon-everything-you-need-to-know/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=friend-tech-token-launching-soon-everything-you-need-to-know</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Wed, 10 Apr 2024 13:57:05 +0000</pubDate>
				<category><![CDATA[Analysis]]></category>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Friend.Tech Attempts to Rise From the Dead: Total Value Locked Shoots Up 25%" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know.png 1280w, https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know-300x169.png 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know-1024x576.png 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div>
<p>[ad_1] Friend.Tech is trying to make a striking comeback. An anticipated token launch linked to Friend.Tech version 2 (v2) has reignited interest. Consequently, its total value locked (TVL) has surged to an impressive $40 million. Friend.Tech V2 Launch After April 20 After a period of decline, over $8 million flowed into Friend.Tech last week. Consequently, [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/friend-tech-token-launching-soon-everything-you-need-to-know/">Friend.Tech Token Launching Soon? Everything You Need to Know</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Friend.Tech Attempts to Rise From the Dead: Total Value Locked Shoots Up 25%" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know.png 1280w, https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know-300x169.png 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know-1024x576.png 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/FriendTech-Token-Launching-Soon-Everything-You-Need-to-Know-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div><p> [ad_1]<br />
</p>
<div>
<p>Friend.Tech is trying to make a striking comeback. An anticipated token launch linked to Friend.Tech version 2 (v2) has reignited interest. </p>
<p>Consequently, its total value locked (TVL) has surged to an impressive $40 million.</p>
<h2 class="wp-block-heading" id="h-friend-tech-v2-launch-after-april-20">Friend.Tech V2 Launch After April 20</h2>
<p>After a period of decline, over $8 million flowed into Friend.Tech last week. Consequently, its TVL skyrocketed by over 25% in the past seven days. </p>
<p>Furthermore, on April 8, the platform’s daily fees exceeded $750,000. This peak marks the highest since last October. </p>
<p>In another positive sign, 1,880 keys were minted on a single Monday. This figure is the highest daily record in the past six months.</p>
<p>Read more: What is Friend.Tech? A Deep Dive Into The Web3 Social Media App</p>
<figure class="wp-block-image size-large"><img decoding="async" width="850" height="558" alt="Friend.Tech Fees Generated" class="wp-image-499157 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/Dune-5-850x558.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-5-360x236.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-5-768x504.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-5-150x98.png 150w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-5.png 1366w" sizes="auto, (max-width: 850px) 100vw, 850px" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2024/04/Dune-5-850x558.png"/><figcaption class="wp-element-caption">Friend.Tech Fees Generated. Source: Dune</figcaption></figure>
<p>Operating on the Base layer-2 network, Friend.Tech allows crypto personalities on X to issue “keys.” These keys grant access to exclusive group chats. For users, the appeal lies in the potential for gaining trading insights, token recommendations, or access to seed-funding deals.</p>
<p>Additionally, the spike in activity precedes the much-anticipated launch of Friend.Tech’s v2, which is expected after April 20. Developers aim to expand the platform’s reach beyond its current base on X. </p>
<p>This expansion is geared towards attracting a broader audience.</p>
<p>Back in December 2023, Friend.Tech initially teased the upcoming v2, sparking widespread interest. Over the recent weekend, excitement grew with the tease of a Friend.Tech token (FRIEND). This development has led users to speculate about potential rewards for their engagement with the platform.</p>
<blockquote class="wp-block-quote">
<p>“We are going to build a v2 and we are going to make the venture capitalists pay for it and we are going to give you all their FRIEND,” Friend.Tech wrote.”</p>
</blockquote>
<h2 class="wp-block-heading" id="h-what-caused-downfall">What Caused Downfall?</h2>
<p>Historically, Friend.Tech had its moment of glory. In September 2023, it achieved a trading volume of $12.3 million. This figure outstripped the total Ethereum (ETH) non-fungible token (NFT) volumes. </p>
<p>At that time, Friend.Tech was instrumental in driving traffic to the newly launched Coinbase’s Base Network.</p>
<p>However, the journey wasn’t without challenges. Following its peak, Friend.Tech saw a steep decline in user activity, transactions, and fees. The protocol’s fees plummeted over 98% from $1 million in September to just $16,000 in December 2023.</p>
<p>The number of new users also took a hit. From over 40,000 per day in mid-October, it dropped to just 60 by December 17, 2023.</p>
<p>Read more: How To Monetize Your Social Media Influence On Friend.tech</p>
<figure class="wp-block-image size-large"><img decoding="async" width="850" height="558" alt="Friend.Tech Number of New Users" class="wp-image-499158 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/Dune-6-850x558.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-6-360x236.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-6-768x504.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-6-150x98.png 150w, https://beincrypto.com/wp-content/uploads/2024/04/Dune-6.png 1366w" sizes="auto, (max-width: 850px) 100vw, 850px" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2024/04/Dune-6-850x558.png"/><figcaption class="wp-element-caption">Friend.Tech Number of New Users. Source: Dune</figcaption></figure>
<p>Security concerns exacerbated the downturn. The platform suffered from scammer and bot attacks. These issues likely deterred potential new users. </p>
<p>Early October saw a surge in phishing and SIM-swapping incidents. Scammers accessed personal information from Friend.Tech users on X (Twitter), leading to significant financial losses.</p>
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		<title>Online gambling sector in Sweden will generate revenue of €2bn a year by 2027, according to new data</title>
		<link>https://xnftcrypto.com/online-gambling-sector-in-sweden-will-generate-revenue-of-e2bn-a-year-by-2027-according-to-new-data/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=online-gambling-sector-in-sweden-will-generate-revenue-of-e2bn-a-year-by-2027-according-to-new-data</link>
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		<dc:creator><![CDATA[xnftcrypto]]></dc:creator>
		<pubDate>Tue, 09 Apr 2024 13:54:58 +0000</pubDate>
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<p>[ad_1] Sweden’s online gambling sector to hit €2bn/yr by 2027, driven by growing adoption of cryptocurrencies Riksbank is wary of crypto’s role despite market growth Cryptocurrencies are increasingly popular in Swedish online gambling sites The online gambling sector in Sweden is poised for significant growth in the coming years, with projections indicating revenue reaching €2 [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/online-gambling-sector-in-sweden-will-generate-revenue-of-e2bn-a-year-by-2027-according-to-new-data/">Online gambling sector in Sweden will generate revenue of €2bn a year by 2027, according to new data</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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<p>    <img decoding="async" src="https://coinjournal.net/wp-content/uploads/2024/04/bitcoin-sweden.jpg" alt="" width="100%" height="100%"/>
                    </div>
<p>Sweden’s online gambling sector to hit €2bn/yr by 2027, driven by growing adoption of cryptocurrencies<br />
Riksbank is wary of crypto’s role despite market growth<br />
Cryptocurrencies are increasingly popular in Swedish online gambling sites</p>
<p>The online gambling sector in Sweden is poised for significant growth in the coming years, with projections indicating revenue reaching €2 billion annually by 2027.</p>
<p>This forecast underscores the robust expansion of the Swedish online gambling market, driven by evolving customer preferences and market dynamics.</p>
<h2>Riksbank’s stance on cryptocurrencies</h2>
<p>Despite the optimistic outlook for the online gambling sector, the Swedish central bank’s skepticism towards cryptocurrencies remains evident.</p>
<p>Riksbank Governor Erik Thedeen has expressed reluctance towards incorporating Bitcoin (BTC) and other cryptocurrencies into the country’s financial system.</p>
<p>Thedeen emphasizes the speculative nature of cryptocurrencies and the risks associated with their volatility, aligning with Sweden’s cautious regulatory approach in the crypto space.</p>
<h2>Growing popularity of cryptocurrencies in online gambling</h2>
<p>Despite the Riksbank’s stance, cryptocurrencies like Bitcoin are increasingly gaining traction as preferred methods of deposit and withdrawal among users of online gambling sites in Sweden.</p>
<p>This trend reflects the broader global adoption of crypto within the online gambling industry, offering users greater anonymity, security, and efficiency in transactions.</p>
<h2>The Swedish gambling landscape</h2>
<p>In Sweden, online gambling has become increasingly popular, with customers favoring the convenience and accessibility offered by digital platforms. The rise of smartphones and improved internet connectivity has facilitated this shift, allowing users to enjoy a wide range of casino games and betting options from the comfort of their homes or on the go.</p>
<p>Key trends in the Swedish online gambling market include the rising popularity of mobile gambling and the demand for live dealer games. Mobile gambling, in particular, has witnessed significant growth, driven by the widespread adoption of smartphones and mobile-friendly gambling platforms.</p>
<p>Additionally, live dealer games provide users with a more immersive and interactive experience, further enhancing the appeal of online gambling.</p>
<p>The Swedish gambling landscape is characterized by a well-regulated market overseen by the Swedish Gambling Authority (Spelinspektionen). This regulatory framework ensures consumer protection and responsible gambling practices, contributing to the market’s growth and stability.</p>
<p>Despite regulatory challenges and the Riksbank’s reservations about cryptocurrencies, an overview of the online casino sector in Sweden shows a projected expansion, driven by evolving consumer preferences and market dynamics.</p>
<p>According to recent data from Statista, revenue in the online gambling market is expected to reach €1.69 billion in 2024, with an annual growth rate of 6.20%. By 2028, the market volume is forecasted to surpass €2.15 billion, driven by the increasing number of users and their growing average revenue per user (ARPU).</p>
<p>The projected revenue growth of the Swedish online gambling sector underscores its significant contribution to the country’s economy.</p>
<h2>Conclusion</h2>
<p>The Swedish online gambling sector is experiencing robust growth, with revenue projections indicating substantial expansion in the coming years.</p>
<p>Despite regulatory challenges and the central bank’s skepticism towards cryptocurrencies, online gambling remains a thriving industry in Sweden, offering consumers a diverse range of gaming experiences and opportunities.</p>
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		<title>Impending 40% Correction: Dogecoin (DOGE) Analysis</title>
		<link>https://xnftcrypto.com/impending-40-correction-dogecoin-doge-analysis/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=impending-40-correction-dogecoin-doge-analysis</link>
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		<pubDate>Mon, 08 Apr 2024 13:53:32 +0000</pubDate>
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					<description><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Dogecoin in the Danger Zone: How Bearish Reversal Could Slash Prices by 40%" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis.png 1280w, https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis-300x169.png 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis-1024x576.png 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div>
<p>[ad_1] Dogecoin’s price is currently trapped in a bearish reversal pattern, potentially leading the meme coin to revisit its previous lows. Sometimes, bearish market trends are altered by investors. However, this time, investors’ behavior does not appear very bullish either. Dogecoin Will See Some Drawdown Dogecoin price is exhibiting signs of an increase on the [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/impending-40-correction-dogecoin-doge-analysis/">Impending 40% Correction: Dogecoin (DOGE) Analysis</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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										<content:encoded><![CDATA[<div style="margin-bottom:20px;"><img width="1280" height="720" src="https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Dogecoin in the Danger Zone: How Bearish Reversal Could Slash Prices by 40%" decoding="async" loading="lazy" srcset="https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis.png 1280w, https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis-300x169.png 300w, https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis-1024x576.png 1024w, https://xnftcrypto.com/wp-content/uploads/2024/04/Impending-40-Correction-Dogecoin-DOGE-Analysis-768x432.png 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></div><p> [ad_1]<br />
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<p>Dogecoin’s price is currently trapped in a bearish reversal pattern, potentially leading the meme coin to revisit its previous lows.</p>
<p>Sometimes, bearish market trends are altered by investors. However, this time, investors’ behavior does not appear very bullish either.</p>
<h2 class="wp-block-heading" id="h-dogecoin-will-see-some-drawdown">Dogecoin Will See Some Drawdown</h2>
<p>Dogecoin price is exhibiting signs of an increase on the 8-hour chart, but when the extended candlesticks are taken into consideration, a bearish pattern forms. To make it worse, investors may not be able to invalidate it either.</p>
<p>This is because the rising profits will likely trigger profit-taking among DOGE holders. The same can be observed in the Market Value to Realized Value (MVRV) ratio.</p>
<p>The MVRV ratio gauges investor profit/loss. Dogecoin’s current 30-day MVRV stands at 9.2%, indicating profit, which may trigger selling. Historical data suggests DOGE corrections typically happen within the 8% and 18% MVRV range, labeling it a danger zone.</p>
<p>Thus, as the price and profits climb, MVRV will, too, and so will investors’ potential to sell.</p>
<p>Read More: How To Buy Dogecoin (DOGE) With eToro: A Complete Guide</p>
<figure class="wp-block-image size-large"><img decoding="async" width="850" height="288" alt="Dogecoin MVRV Ratio. " class="wp-image-497852 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-850x288.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-360x122.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-768x260.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-1536x520.png 1536w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-2048x693.png 2048w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-150x51.png 150w" sizes="auto, (max-width: 850px) 100vw, 850px" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.57.48-08-Apr-2024-850x288.png"/><figcaption class="wp-element-caption">Dogecoin MVRV Ratio. Source: Santiment</figcaption></figure>
<p>This is further substantiated by the total supply in profits. At times, when the profitable supply hits 95% of the total circulating DOGE, a market top is formed, which is synonymous with corrections as the market cools down.</p>
<p>Given that the profitable supply is at 90% at the moment, it would not be surprising if the coming days note a market top. This would further increase the bearishness, which could lead to a decline in price.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="850" height="288" alt="Dogecoin Supply in Profit. " class="wp-image-497851 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-850x288.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-360x122.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-768x260.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-1536x520.png 1536w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-2048x693.png 2048w, https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-150x51.png 150w" sizes="auto, (max-width: 850px) 100vw, 850px" loading="lazy" src="https://beincrypto.com/wp-content/uploads/2024/04/Dogecoin-DOGE-15.59.12-08-Apr-2024-850x288.png"/><figcaption class="wp-element-caption">Dogecoin Supply in Profit. Source: Santiment</figcaption></figure>
<h2 class="wp-block-heading" id="h-doge-price-prediction-a-40-correction">DOGE Price Prediction: A 40% Correction</h2>
<p>Dogecoin’s price at the time of writing is trading at $0.206. Although recent gains might suggest an impending rally, a longer-term timeframe indicates otherwise. The meme coin is currently stuck in a rising wedge.</p>
<p>This bearish reversal pattern is characterized by converging trend lines slanting upward. It suggests a significant downward price movement, indicating weakening momentum.</p>
<p>According to this pattern, the target for Dogecoin price is set at $0.127, which marks a near 40% correction.</p>
<p>Read More: Dogecoin (DOGE) vs Shiba Inu (SHIB): What’s the Difference?</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="850" height="363" alt="DOGE/USDT 8-hour chart. " class="wp-image-497850 lazy" srcset="https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6-850x363.png 850w, https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6-360x154.png 360w, https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6-768x328.png 768w, https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6-1536x656.png 1536w, https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6-150x64.png 150w, https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6.png 1805w" sizes="auto, (max-width: 850px) 100vw, 850px" src="https://beincrypto.com/wp-content/uploads/2024/04/8DhErYw6-850x363.png"/><figcaption class="wp-element-caption">DOGE/USDT 8-hour chart. Source: TradingView</figcaption></figure>
<p>However, if the pattern breaches through the upper trend line’s resistance or tests $0.22 as a support floor, invalidation of the bullish thesis is likely. Consequently, Dogecoin price will continue rallying towards $0.24 and beyond.<span id="docs-internal-guid-0df02cbc-7fff-bc6a-4242-cea06f1900e1"/></p>
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		<title>R Games worlds first AI and gaming token is set to launch on top exchanges</title>
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		<pubDate>Sun, 07 Apr 2024 13:52:59 +0000</pubDate>
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<p>[ad_1] Deira, Dubai, April 7th, 2024, Chainwire R Games is marking a significant milestone in the gaming world with the launch of its $RGAME token, scheduled for 10 AM UTC on April 8th, 2024. This major step for R Games will launch on platforms like DAOMaker, Poolz Finance, Finceptor, and Paragen, followed by listings on [&#8230;]</p>
<p>The post <a href="https://xnftcrypto.com/r-games-worlds-first-ai-and-gaming-token-is-set-to-launch-on-top-exchanges/">R Games worlds first AI and gaming token is set to launch on top exchanges</a> appeared first on <a href="https://xnftcrypto.com">Exchange NFT &amp; CRYPTO</a>.</p>
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<p>Deira, Dubai, April 7th, 2024, Chainwire</p>
<p>R Games is marking a significant milestone in the gaming world with the launch of its $RGAME token, scheduled for 10 AM UTC on April 8th, 2024.</p>
<p>This major step for R Games will launch on platforms like DAOMaker, Poolz Finance, Finceptor, and Paragen, followed by listings on top exchanges such as Gate.io, MEXC Global, PancakeSwap, Raydium, and BingX.</p>
<p>A strong community from Fabwelt Studios and WEMIX Play backs this launch.</p>
<p>$RGAME is Poised to Transform the Blockchain Industry with Artificial Intelligence, Precise Engineering and Racing.</p>
<p>Starting with an initial market cap of $296,250 &amp; valuation of 7.5M, with support from leading advisors and investors in the blockchain and gaming industries such as Ferrum Network, BMW Capital, Lavender Capital, Qu Ventures, Oddiyana Ventures, IBC Group, Mario Nawfal, Sky Wee, Yuen Wong, Robby Joe, and Rajan Raj.</p>
<p>Key features of R Games include</p>
<p>Interoperable NFTs<br />
User-generated content capabilities<br />
AI-integrated designs</p>
<p>This unique combination sets R Games apart as a frontrunner in the Web3 AI and Gaming sector, catering to seasoned gamers and newcomers alike.</p>
<p>As the countdown to TGE and IDO commences, R Games invites gamers, investors, and enthusiasts alike to join its journey towards revolutionizing the gaming industry and unlocking new possibilities in the Web3 world.</p>
<h2>Future of R Games</h2>
<p>Looking towards the future, R Games has ambitious plans in store.</p>
<p>Development efforts are focused on implementing upgrades such as an advanced Upgrade System, Virtual Garage, and AI integration.</p>
<p>These additions are designed to give users a variety of opportunities to earn, with models including</p>
<p>Develop-to-Earn<br />
Watch-to-Earn<br />
Play-to-Earn</p>
<p>Players can fine-tune and electronically upgrade all vehicle models within the game within the workshop, offering a customizable experience.</p>
<p>The integration of AI technology allows users to design their car characters, even without technical expertise effortlessly.</p>
<p>The roadmap also includes diverse modes like Formula One, Street Racing, Story Mode, and Off-Road Racing to cater to a broad audience.</p>
<h3>About R Games</h3>
<p>R Games is a highly tailored platform offering a diverse range of gaming modes, aimed at creating the largest blockchain-based racing ecosystem.</p>
<p>R Games team comes from a successful studio venture Gyros Studios LCC Formerly Known as Fabwelt Studios LLC built numerous successful Blockchain Games.</p>
<p>Loet de Hooge, Abhishek Pegada, and Rubina Naaz are the visionary founders of R Games, bringing together their diverse expertise and passion for gaming and blockchain technology.</p>
<p>Loet de Hooge is known for his technical prowess and innovation,</p>
<p>Abhishek Pegada contributes his strategic leadership and business acumen, while Rubina Naaz brings the team a creative and user-centric approach.</p>
<p> </p>
<p>Contact</p>
<p>Rubina NaazGyros Studios[email protected]</p>
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