Key takeawaysNFT certification protocol Wakweli has entered into a strategic partnership with Polygon.The partnership would enable all digital assets on Polygon to become compatible with Wakweli’s certification system. Polygon recently launched its Polygon zkEVM on mainnet after months of development. Wakweli announces a strategic partnership with polygonWakweli, the web3 infrastructure protocol that issues certificates of authenticity for non-fungible tokens, has announced a strategic partnership with the Polygon blockchain platform.In a press release shared with Coinjournal, Wakweli said the partnership enables all digital assets on Polygon to become compatible with the certification system that has been developed by its team. Every NFT project holder on the chain will also be able to request authenticity certificates for each of their assets, the team added. In addition to this, advanced use-case scenarios will also be available for developers via the Wakweli platform and API. Wakweli said it would provide the necessary support for developers and project holders. While commenting on this latest cryptocurrency news, Antoine Sarraute, Co-Founder of Wakweli, said;“Since 2021, when ETH fees skyrocketed, Polygon established itself as the go-to chain to mint assets and has performed extremely well ever since – it is now the home of incredible NFT projects. We built Wakweli to create a safer web3 space across all chains, and today we are thrilled to collaborate with Polygon. This will enable Wakweli’s certification power to all Polygon users and unlock a definitive way to fight scam attempts, creating more trust in this thriving ecosystem.”Wakweli secures $1.1 million in fundingWakweli’s partnership with Polygon comes after the protocol secured $1.1 million in funding. The project was able to successfully secure the funds after onboarding a number of early backers, including VCs and angel investors. Wakweli is a community-powered protocol that incentivises its users to review certificate requests using a unique consensus method known as Proof-of-Democracy (PoD), with all certified assets carrying a green tick. Wakweli’s platform issues certificates of authenticity for NFTs and other tokenised assets to combat fraud in the growing web3 ecosystem.Polygon, on the other hand, has been one of the most active blockchain projects in recent months. Polygon Lab recently announced the launch of the Polygon zkEVM on the mainnet as it seeks to bring more scaling developments to the Ethereum ecosystem. Polygon also partnered with immutable X earlier this month in a bid to accelerate web3 game development. The post NFT certification protocol Wakweli partners with Polygon appeared first on CoinJournal.

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On the lookout for some crypto gains in 2023? Avalanche has been attracting plenty of attention in recent weeks, but more savvy investors are turning to Metacade’s crypto presale instead. In this article, you’ll learn where experts are placing their Avalanche price predictions for 2023 and why investors are flocking to Metacade for a chance to reap significant rewards. Avalanche (AVAX) Is a Strong Ethereum Competitor<a href="https://www.avax.network/">Avalanche</a> is a leading layer-1 network that aims to rival the leading smart-contract blockchain, Ethereum, promising high throughput and lightning-fast transaction speeds. It aims to be the go-to solution for dApps and DeFi protocols, using its innovative Avalanche consensus mechanism. This allows Avalanche to process up to 6,500 transactions per second (TPS), but in theory, it can scale up to millions of TPS using subnets. AVAX, Avalanche’s native token, plays a crucial role in securing the network, staking, and rewarding validators. Avalanche’s staking rewards, for example, currently run as high as 8.96% (<a href="https://www.stakingrewards.com/earn/avalanche/">Staking Rewards</a>), which has helped to attract thousands of users to its network. A recent <a href="https://messari.io/report/state-of-avalanche-q4-2022">Messari</a> report has demonstrated this fact. It states that Avalanche’s daily transactions grew by 85% in Q4 2022, while average transaction costs fell a whopping 26.8% from Q3 to Q4, costing just $0.10 per transaction. This is a fraction of Ethereum’s and has helped to push Avalanche price predictions higher for the rest of 2023. Avalanche (AVAX) Price PredictionWhile many Avalanche price predictions for 2023 originally saw it breaking beyond the $30 barrier, around double its current price of $15.70, analysts have begun to project that AVAX investors may be in for much higher gains. Several Avalanche price predictions now sit at $56 for the end of the year, while some even think it could challenge its 2022 high of approximately $103.This target is ambitious but certainly achievable. If these Avalanche price predictions prove correct, then today’s investors could be up 550%+. Metacade (MCADE) Rages in PresaleDespite Avalanche’s bullish price forecasts, many investors have chosen to invest in <a href="https://metacade.co/en/?utm_source=media">Metacade’s</a> ongoing presale. This comes after significant FOMO in anticipation of multiple big-name exchange listings once the MCADE crypto presale comes to an end.But why exactly are investors so hyped about Metacade? Metacade is a community-based platform that aims to reach household status amongst play-to-earn (P2E) gamers with its outstanding features. Metacade will offer real-time interaction with like-minded gamers and crypto enthusiasts alongside spaces for discovering world-beating GameFi alpha, a scheme that rewards users for contributing to the platform, and even an entire virtual arcade.All of these features have captured the attention of the broader crypto and gaming communities. One, in particular, has led to some calling Metacade one of the most promising crypto presales of 2023. Called Metagrant, this program will offer game developers a chance to get their big break and could potentially propel Metacade to mainstream stardom. The process is simple: developers submit their game proposals to one of the Metagrant competitions for MCADE holders to vote on. The idea that wins over the most users is awarded funding from the Metacade treasury alongside the support of a loyal fanbase. These developers can even gather feedback on their games from its most avid fans using Metacade’s native testing environment and host the final game in its virtual arcade for anyone to play. Other features, like a job board and decentralized autonomous organization (DAO), both launching in 2024, have resonated with investors eager to invest in a decentralized platform that delivers maximum value to its users. Metacade’s potential to benefit significantly from the network effect…

Solana builds energy to break above stiff resistanceBullish flag pattern points to $40Conservative traders should wait for the market to move firstSolana is a blockchain rivaling Ethereum, and it is moving in a relatively tight range against the US dollar. Like many other cryptocurrencies, Solana bottomed late last year, and then it rallied with the crypto market.But in the past several weeks, the price action stalled. Lately, it has a hard time holding above $20, as sellers appear on any bounce.So what does the technical picture show?MediaSOLUSD chart by TradingViewBullish bias persists despite recent consolidationDuring the 2022 bear market, the market formed a descending triangle with a horizontal base in an area between $25 and $30. The support was eventually broken as the price dived below $10, but buyers emerged as Bitcoin and other leading cryptocurrencies rallied hard in early 2023.After rallying with the entire market, Solana met resistance in the previous support area. It is now trying to clear it, and forms what appears to be a bullish flag pattern.Bullish flags are continuation patterns. Their measured move equals the distance from the recent low to the start of the flag, projected from the flag’s upper trendline.It points to a move above $40, but bulls should not rush into going long just yet. Ideally, bulls should wait for the market to close above the resistance area, as it would mean that the bullish flag pattern ended. Then, it makes sense to stay long for the $40 level with a stop at $24.The post SOL/USD price prediction as it struggles to hold above $20 appeared first on CoinJournal.

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Metacade’s new GameFi project has been one of the crypto market’s good news stories as the overall market emerges from the 2022 crypto winter. Bullish price increases led by Bitcoin’s return above $20,000 have led many crypto analysts to look forward to the next bull market. Metacade’s successful presale proves an excellent investment opportunity for traders looking to cash in fully.As 2023 progresses, will Metacade’s token sales continue to capture the attention of crypto markets?Will Web3 technology help Metacade attract new gamers?GameFi, short for “Game Finance,” is a pioneering sector of Web3 that combines the world of gaming with the financial benefits available via blockchain technology. GameFi projects like Metacade, which provide gamers with a comprehensive and immersive platform, can also open up new revenue streams thanks to DeFi functionality.Consequently, Metacade can enable its community of users to find sources of income from gaming, not just through the traditional GameFi play-to-earn (P2E) route but through additional channels. This could see enormous adoption among crypto game afficionados once the mainstream realizes the vast benefits.<a href="https://crypto.com/research/gamefi-past-present-and-future-overview-traditional-gaming-industry">Research</a> from Crypto.com illustrates the enormous potential of the GameFi sector by predicting that crypto gaming could be worth more than $50 billion by 2025. This growth would outstrip traditional PC and console gaming ten times over the same period.This enormous potential is one of the many reasons investors are incredibly excited about Metacade, making it a compelling investment opportunity for seasoned traders and newbies. Metacade’s project plan outlines a realistic strategy for the platform to become a leading player in the GameFi sector through its immersive gaming experience and potential three billion-strong audience and by driving innovation in the broader blockchain gaming arena.Can MCADE hit $1 in 2023?Metacade’s native MCADE token is crucial to the ecosystem’s functionality. Because of this, MCADE’s price will increase as demand increases along with the number of users.Much of this coin’s popularity is driven by its clever investor-friendly design. With a total supply of just 2 billion tokens, MCADE has outstanding inbuilt utility, excellent tokenomics, and a staking option that allows users to establish a passive income stream from their holdings.With several ongoing technical releases over the next couple of years and a well-thought-out aggressive marketing plan throughout 2023, analysts believe that MCADE could reach $1 by the end of 2023. The low token supply could easily give the project an achievable market cap of $2 billion.What is Metacade?<a href="https://metacade.co/en/?utm_source=media">Metacade</a> aims to transfer the world of video gaming with its Ethereum-hosted virtual video arcade that allows users to earn passive income as they indulge their passion. This expansive approach will bring together gaming enthusiasts and crypto fans in one hub, with everyone able to gain rewards through several routes while enjoying blockchain gaming’s most extensive library of titles. This is setting up Metacade for colossal success.Alongside the platform’s unrivaled P2E mechanics are the Create2Earn scheme, which intends to provide crypto rewards for users each time they post social content to the hub. These can be game reviews, sharing alpha, and contributions to Reddit-style forums and live chats. Meanwhile, the token staking protocol is part of the Compete2Earn scheme, through which users stake their MCADE holdings in return for entry into online tournaments and prize draws.Among the top features Metacade will bring to the crypto market is the ground-breaking Metagrants scheme. Developers are incentivized to get the freshest new blockchain gaming titles exclusively to Metacade by applying for crypto funding to support their ventures. Each application is pooled and presented to the MCADE community, who…

On-chain profit metrics have picked up as the Bitcoin price has risenNet realised profits have been positive for 17 days, the longest streak in a year74% of the Bitcoin supply is in profit, three months after it dipped below 50% after FTX collapsed and the Bitcoin price fell towards $15,000Volatility has picked up but it is the thin liquidity which is really helping Bitcoin make a runIt’s been a great quarter for investors, but there remains peril, writes our Analyst<a href="https://coinjournal.net/bitcoin/">Bitcoin</a> had an unforgettable year in 2022 for all the wrong reasons, a collapse in price coinciding with several ugly scandals that rocked the cryptocurrency market at large. Thus far this year, however, it has been bouncing back. Up 71% as we close out Q1, it is trading north of $28,000 for the first time since June 2022. Looking into on-chain metrics, the positive sentiment is clear.Net realised profit at one-year highsThe net realised profit of all coins, that is the difference between the price at which a coin moves and the last price it moved at, is on its longest positive run since this time last year, in March 2022. For seventeen days now, the net realised profit has been positive. In other words, coins are moving at prices higher than what they were bought at (or the price at which they last moved).There was an 18-day positive streak in late March / early April last year, and beyond that, we need to go back to Q4 of 2021 to see such a streak, when Bitcoin was trading at all-time highs. <a href="https://media.igms.io/2023/02/29/1680109877821-95bd4175-a6e8-4dd8-af5d-ade74ee01ddb.png">Media</a>Granted, the size of the profits over the last two weeks have not been as outsized as we have seen in previous periods, but the very fact that it is a positive run after the year Bitcoin has had is notable. Three quarters of the supply is in profitAnother way to see how much things have changed is that three-quarters of the total supply is currently in profit. Just before Christmas, I <a href="https://coinjournal.net/news/most-of-the-bitcoin-supply-is-now-loss-making/">reported</a> when this figure dipped below 50%, meaning for the first time since the brief flash crash at the start of COVID in March 2020 when the financial markets all went bananas, the majority of the Bitcoin supply was loss-making. Three months later, the picture is a lot brighter, with 74% of the total supply now in profit. Liquidity remains low as stablecoins fly off exchangesInterestingly, this rise in prices and profit positions is all occurring at a time when liquidity is extremely low in the market. In a deep dive yesterday, I compiled an <a href="https://coinjournal.net/news/45-of-stablecoin-balance-has-left-crypto-exchanges-in-4-months-but-where-has-all-the-money-gone-a-deep-dive/">analysis</a> showing that the balance of stablecoins on exchanges has fallen 45% in the last four months and is currently the lowest since October 2021. Perhaps that is not a coincidence. The markets are ultra-thin right now, and Bitcoin, which is volatile at the best of times, has found it easier to move aggressively as a result. This also helps explain why it has outperformed the stock market so significantly, despite being so tightly correlated with it recently (although some believers are arguing it is due to banking failures pushing people to Bitcoin, but that feels like a reach). Then again, Bitcoin is going to Bitcoin, and its recent volatility is not anything to write home about when looking historically, even if it has picked up compared to the relatively serene period post <a href="https://coinjournal.net/news/ftx-insolvent-what-next-for-crypto/">FTX collapse</a>. To wrap this up, it’s been a superb few months to kick the year off for Bitcoin, which is a welcome reprieve for investors who got absolutely battered last year. On-chain profit metrics have come right up as sentiment improves and prices jump. But there is also low liquidity which is helping it run-up, while the wider economy presents plenty of uncertainty.…

<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_announcement&utm_content=as_members_launch&utm_id=2">AltSignals</a> recently launched a crypto presale event for its ASI token. The platform is one of Web3’s largest online trading communities and offers a comprehensive toolkit to help people learn how to trade crypto.After almost five years of successful trade signals shared between community members, the AltSignals platform has launched its own digital token (ASI). AltSignals has produced impressive trading calls in the past, and is soon to be expanding its offering with a new AI-powered tool called ActualizeAI.Could AI be the next big blockchain development?AltSignals is developing its trading stack by introducing a range of AI-powered tools in a new offering called ActualizeAI. Artificial intelligence, like blockchain, is a revolutionary development that’s disrupting several global industries. By deploying machine learning techniques to instantly judge complex data sets, AltSignals’ new AI tools are set to produce some amazing results.The blockchain itself, and cryptocurrency price data, contain a constantly-updating stream of complex information, which is why AI algorithms serve a useful purpose. ActualizeAI is being designed to help people learn how to trade crypto with an impressive success rate from the get-go, and AltSignals is positioning itself as a leading project in the blockchain-based AI movement as a result.What is AltSignals?AltSignals helps anyone learn how to trade crypto through its new advanced artificial intelligence protocol. Whether an experienced trader or brand-new to the process, AltSignals will help its users to maximize their trading returns through a brand-new tool under development called ActualizeAI.  ActualizeAI combines advanced AI capabilities with crypto trading signals, utilizing machine learning algorithms to analyze market sentiment and a range of indicators instantaneously.AltSignals’ flagship trading algorithm, AltAlgo™, has frequently produced over a 70% success rate, making it an industry-leading trading tool for the crypto markets. The AltSignals community has benefited from thousands of successful prompts and learned how to trade through a suite of advanced tools.ActualizeAI should improve the already impressive success rates of AltAlgo™, and token holders will gain access to the ActualizeAI tool, which makes the ASI token launch an extremely exciting development from the team at AltSignals.How does ASI work?The ASI token’s core utility is access to ActualizeAI, with its enhanced benefits for users. ActualizeAI seeks to improve on AltSignals’ AltAlgo™ Indicator, which scans the market 24/7 and sends alerts to help traders maximize their profits, by adding AI elements including machine learning, natural language processing (NLP), and advanced sentiment analysis. The addition of these AI features will improve the trading signals given to token holders. Additionally, token holders can join the AI Members Club to gain early access to industry-leading trading tools and some of the best new investment opportunities, including crypto presales and private sales. Many tokens have produced more than a 100x return from their crypto presale stage, so the information AI Members Club shares about these early stage token sales will give ASI token holders access to highly valuable opportunities, especially when they are learning how to trade crypto.ASI users can gain even more benefits from a professional-standard trading toolkit by holding the token. The crypto presale is launching in four stages, which will see the price of ASI rise from $0.012 to $0.02274 over the course of the crypto presale event.The ASI crypto presale might be a prime investment opportunityThe AltSignals trading community has already had an impressive success rate, which makes ASI an attractive investment during its crypto presale. The addition of AI aspects should make the trading signals offered by AltSignals…

Jan van Eck sees a several year bull cycle in Bitcoin.He explained why in a recent interview with CNBC.Bitcoin is already up 70% versus the start of the year.It’s not too late to invest in Bitcoin as long as you’re a long-term investor, says Jan van Eck – the Chief Executive of VanEck Associates. BTC is already up 70% year-to-date.Bitcoin will benefit when Fed starts to easeThat’s an interesting call considering the U.S. regulators have been coming at the crypto market hard in recent weeks.But Jan van Eck is convinced the U.S. Federal Reserve is about to end its tightening cycle. Eventually, he added, the central bank will have to begin cutting rates – an event he expects to be a meaningful catalyst for BTC.We’re at the very beginning of what could be a several year [bull] cycle in Bitcoin. All the speculation is out. If you want to have this in your portfolio as a hedge, it’s pound the table time.Jan van Eck sees a similar bull cycle for gold as well.Bitcoin supply is set to halve next yearNow is a suitable time for long-term investors to pick Bitcoin also because its total supply is scheduled to halve in 2024. Historically, that lifts its price in the months to follow.According to Jan van Eck, the recent bank failures also work in favour of BTC. In a recent interview with CNBC, he added:I call Bitcoin an eight-year-old child. It’s very early in stages of adoption. So many institutional investors and central banks haven’t really gotten involved. That’s possible over the next several years.The surge in BTC price on Wednesday was related also to 1.5K Bitcoin shorts blowing out.The post VanEck CEO says Bitcoin is like an ‘eight-year-old child’: here’s why appeared first on CoinJournal.

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Nickel Digital is advocating for increased integration of off-exchange settlements in crypto, noting that OES solutions can dramatically reduce fraud and bankruptcy risksAnalysis shows 63% of crypto daily trading volume is currently on 7 of the largest crypto exchanges that integrate OES solutions.The FTX implosion catalysed further integration of the solution as platforms sought to reduce counterparty risk.Nickel Digital Asset Management, a London-based investment manager authorised by the Financial Conduct Authority (FCA) and registered with US Commodity Futures Trading Commission (CFTC), says <a href="https://coinjournal.net/exchanges/">cryptocurrency exchanges</a> can do more in the effort to reduce fraud and counterparty risks.According to the UK-based hedge fund manager, crypto can achieve the above goal if more crypto exchanges joined a core group of platforms currently integrated with <a href="https://medium.com/@Nickel_Digital/off-exchange-settlement-215d77205e8b">Off Exchange Settlement</a> (OES) solutions.OES, which allows for off-exchange settlements that tap into the benefits of crypto native tools such as on-chain visibility, has the capacity to not only significantly cut counterparty risk, but also help market players better protect investors from events such as the shocking collapse of crypto exchange FTX.Anatoly Crachilov, CEO of Nickel Digital, noted in a statement:“<em>We believe OES is the best path forward to mitigate counterparty risks in the crypto ecosystem, eliminating the need for investors to keep their capital at trading venues</em>.”63% of crypto daily volume on 7 top exchanges using OESNickel, Europe’s leading digital asset investment manager and which was founded by Goldman Sachs, JPMorgan and Bankers Trust alumni, says already 7 of the top 20 largest crypto exchanges had integrated with OES by 15 March 2023. Another platform is in the process of integrating the solution, which will push the total daily trading volume on OES-supported platforms from 63% to nearly 70%.Recent analysis conducted by Nickel also revealed that 11% of daily trading volume is on a few well-established platforms, including <a href="https://coinjournal.net/exchanges/coinbase/">Coinbase</a>, <a href="https://coinjournal.net/exchanges/kraken/">Kraken</a> and Bitstamp. These exchanges are regulated in Europe and the US.Interestingly, only 5% of daily trading volume was on exchanges that integrate OES before the FTX collapse. Nickel’s latest study shows that the FTX debacle catalysed the adoption of off-exchange settlements at four exchanges.How does the OES flow work?According to Nickel Digital, an optimal OES flow is one that integrates four entities – an exchange, a custodian, trusted third party (to offer a dispute resolution mechanism) and a trader (client of the crypto exchange and the custodian).With OES integration, clients deposit funds with a heavily regulated custodian. An exchange then only “mirrors” those funds for the purpose of trading, which means all client money stays off-exchange and safe in case the exchange implodes.For example, UK-based crypto platform CoinFLEX had integrated Clearloop (an OES version offered by Copper). When the exchange went into receivership amid the fallout from FTX, Copper’s clients did not suffer any losses related to Coinflex’s problems.Apart from FTX, some of the top exchange implosions and bankruptcies include Mt.Gox, Liquid, QuadrigaCX, Cryptopia.Nickel believes crypto can attract more from institutional investors if the sector offers robust protection mechanisms for investors’ assets. As part of this objective, the digital asset manager has released a paper discussing the key, widely-accepted custodial arrangements and market standards for OES solutions.The post <a href="https://coinjournal.net/news/nickel-digital-calls-for-increased-use-off-exchange-settlements-in-crypto/">Nickel Digital calls for increased use of off-exchange settlements in crypto</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.
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Cardano finds stiff resistance at the $0.4 areaThe price action has trouble overcoming the neckline of an inverse head and shoulders pattern$0.6 is the next logical targetCardano (ADA/USD) has struggled to trade above $0.5 for a while now. Every attempt is met with selling orders, but the price action gives hope to investors. After bottoming at the end of last year, ADA/USD rallied from 0.25$ to over $0.4, together with other leading cryptocurrencies. The bear market is over; claimed bulls! But any bullish trend is made up of a series of higher highs and higher lows. Also, consolidations are common. It means that investors must give the price action time to consolidate levels before breaking important support or resistance areas. In this case, the $0.4 area acts as a major resistance. It is the neckline of an inverse head and shoulders pattern with a measured move targeting the $60 area. MediaADAUSD chart by TradingViewThe measured move of an inverse head and shoulders points to $0.6An inverse head and shoulders pattern is a bullish reversal one. As such, it appears at the bottom of bearish trends. One of its main characteristics is the speed of the price action rallying from the lowest point in the head area to the neckline. This rally coincides with the rally that the cryptocurrency market posted in early 2023. The first area to provide some resistance should be the pattern’s neckline. $0.4 was the area, representing, therefore, the neckline of the inverse head and shoulders pattern At this point, the focus sits on the measured move. ADA/USD should rally to the $0.6 area on a clear break above the neckline. That is the minimum distance the market should travel to confirm the bullish reversal pattern. On the flip side, a drop below $0.25 would invalidate the bullish reversal pattern. The post Cardano prediction: bullish inverse head and shoulders gives investors hope appeared first on CoinJournal.

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DOTUSD bullish setup in the makingsThe risk-reward ratio is close to 1:4A possible bullish case pattern supports the scenarioMoney management is one of the areas in which many retail traders fail. Discipline is needed for success in speculating markets, and erratic price action can fool even the more experienced. Because of that, a system based on money management rules helps the trading account as it offers the trader more chances to survive the market’s volatility. That is especially the case in the cryptocurrency market, where volatility is much higher than in other traditional markets. The rule of thumb says that one should not enter a trade without a risk-reward ratio of at least 1:2. Effectively, it means that the trader expects twice the reward for every unit of risk taken. Simply put, the trader expects to make two dollars for every dollar risk. Naturally, the bigger the rr ratio, the better. In the case of DOT/USD, a risk-reward ratio of 1:4 might be possible, given how the price action behaved from the 2022 lows. MediaDOTUSD chart by TradingViewA possible bullish flag pattern supports the tradeThe most recent price action shows a possible bullish pattern. Ideally, the price action should break above the pattern’s highest point and keep rallying. The invalidation point of both the bullish flag and the bullish scenario is $5. Therefore, the market must hold above $5, and traders should expect more strength on a break above $8. The post DOT/USD bullish setup with a 1:4 risk-reward ratio appeared first on CoinJournal.

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Mike Novogratz is bullish on crypto, particularly the top two coins Bitcoin and Ethereum.The Galaxy Digital CEO says BTC and ETH been best risk-adjusted investments over the last few years.He also suggested during the company’s earnings call that the US risks losing its place as finanial and innovation leader.Galaxy Digital CEO Mike Novogratz says crypto is in “a good moment” highlighting the fact that <a href="https://coinjournal.net/bitcoin/">Bitcoin</a> and <a href="https://coinjournal.net/ethereum/">Ethereum</a> have been the best risk-adjusted investments in the world over the past few years.The billionaire investor said this while commenting on the crypto market outlook during Galaxy Digital’s <a href="https://s201.q4cdn.com/407453138/files/doc_financials/2022/q4/Galaxy-Digital-Transcript_Q4_2022_vF.pdf">earnings call</a>. He said:<em>“I</em><em> look right now and say, “What’s the good?” Bitcoin is trading over $27,000, Ethereum over $1,700. On a risk-adjusted basis, that’s volatility adjusted, Sharpe ratio adjusted, Bitcoin and Ethereum have been the two best-performing assets in the world this year. They’ve been the two best-performing assets in the world over the last two years. So, whatever Jamie Dimon wants to say, whatever the Biden administration wants to say, they’re just wrong, and the world knows that</em>.”Steve it has outperformed all assets ytd, over 2 years and 3 years on a risk adjusted weighting (sharpe ratio) It’s been safer than JPM and Google. Run the numbers yourself. <a href="https://t.co/uA15XaoUTo">https://t.co/uA15XaoUTo</a>— Mike Novogratz (@novogratz) <a href="https://twitter.com/novogratz/status/1640803260633341952?ref_src=twsrc%5Etfw">March 28, 2023</a>Novogratz explains what’s driving cryptoBitcoin has tested resistance near $29,000 in 2023, with its current price of $28,650 about 84% higher year-to-date. Ethereum has also traded above $1,800 as investors eye the $2,000 level. According to latest market data, the price of Ethereum is about 61% higher YTD.In Novogratz’ opinion, recent price action has the top coins poised for greater gains over the next several months. As highlighted in the earnings call transcript, the Galaxy Digital CEO believes all “the selling that needed done as crypto prices fell was done.Retail has also been behind much of the recent price appreciation, the billionaire investor added.“<em>What’s promising, and what has driven crypto broadly this year, is two things. One, all the selling that needed to get done got done, right? There was so much bad news, if you had to sell, panic selling and just the nervousness of “Oh my God! This thing could go to zero,” and people were in sheer panic, you had seller’s exhaustion. But, you’ve had Asia reopen. China has—you know, post the Xi protests around COVID Zero, China took the regulatory boot of the necks of their tech companies, and that includes crypto, so you’re seeing, with Chinese traveling, you’re seeing more activity from Asia</em>.”Bitcoin could be “substantially” higher in a few monthsNovogratz also believes the current wave of adoption across the Middle-East, Hong Kong and Europe is good for the crypto industry, even as the US risks losing its place as a financial market leader. According to him, the Biden administration’s attack on crypto, as evidenced by the series of enforcement actions and charges among other things, is shortsighted.As for his outlook for Bitcoin and the broader crypto market, the Galaxy Digital chief noted:“<em>The</em><em> market feels strong, and when I look at it technically on charts, we’ve had big weekly closes. I’m surprised to hear myself say this, given where my mindset was in late December, but it would not surprise if we were substantially higher three months, six months, nine months from now</em>.”The post <a href="https://coinjournal.net/news/mike-novogratz-says-bitcoin-and-ethereum-are-the-best-risk-adjusted-investments-today/">Mike Novogratz says Bitcoin and Ethereum are the best risk-adjusted investments today</a> appeared first…

The US SEC has filed several charges against the Beaxy Exchange.The exchange has consequently suspended operationsIn its defence, Beaxy has said that it committed to cooperation with the SEC for over two years.US-based cryptocurrency exchange Beaxy Exchange suspended its operations immediately after the United States Securities and Exchange Commission (SEC) filed multiple charges against the exchange and its founder Artak Hamazaspyan.The US regulatory authorities including the SEC seem to have gone full throttle in their crackdown on cryptocurrency platforms. SEC’s lawsuit against Beaxy comes just a few days after Commodity Futures Trading Commission (CFTC) filed a lawsuit against Binance and its CEO Changpeng ‘CZ’ Zhao.The exchange in a statement issued after the SEC lawsuit said:“We forthrightly committed to cooperation with the Securities and Exchange Commission (SEC) for over two years, continually providing information, data, and interviews to assist regulators in whatever manner we could. Unfortunately, despite our best efforts, it has become clear that the regulatory environment is just too uncertain to continue operations.” SEC sues Beaxy for the sale of an unregulated securityAccording to a press release issued by the US SEC, Beaxy Exchange and its executives have been charged for failing to register as a national securities exchange broker and clearing agency for the sale of BXY token.Beaxy Exchange has raised about $8 million through the sale of BXY token, which the SEC alleges is an unregistered security.The SEC further alleges that Beaxy’s founder Artak Hamazaspyan misappropriated about $900K for his personal use, allegedly including gambling. In addition, the SEC says that Beaxy’s market makers for operating as unregistered dealers.According to the SEC, the exchange has violated the Securities Exchange Act of 1934.The post Beaxy Exchange suspends operations after the US SEC charges appeared first on CoinJournal.

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Bitcoin addresses holding 10 or more BTC grew 71% in just over a year.According to on-chain data, 10,279 new BTC wallets joined the cohort holding 10+ bitcoin between February 2022 and March 2023.Wallets with 10-100 bitcoin cumulatively hold over 4.4 million BTC, or roughly 23% of supply.While cryptocurrency prices fell sharply as the bear market of 2022 saw massive contagion across the industry, the number of addresses holding 10+ bitcoins kept rising. Wallets in this category grew 71% between February 2022 and March 2023.10.3k addresses with 10+ BTC added since February 2022According to the latest data from crypto analytics platform Santiment, the number of addresses with more than 10 BTC have increased by 10,279 since February 2022.Per the data, total bitcoin holdings within this cohort remain largely stagnant. However, a 71% increase in the amount of addresses for the past year or so sees these wallets’ overall holdings approach the all-time highs reached in 2019. Currently at 155,000 addresses, the number of bitcoin wallets with 10 or more BTC are just 2,000 less than the all-time high of September 2019, Santiment tweeted on Thursday.🦈🐳 Since February '22, the amount of addresses holding 10+ #Bitcoin has ballooned by 10,279, a +7.1% increase. The overall percentage of available $BTC held by these wallets is rather stagnant, but the amount is closing in on the Sep, 2019 #AllTimeHigh. https://t.co/LdyvWujeAH pic.twitter.com/pMkd6lbT4d— Santiment (@santimentfeed) March 29, 2023Looking into bitcoin distribution data as of 30 March, about 139,864 wallets hold between 10-100 bitcoin, with total holdings of over 4.43 million coins for 23% of supply. Another 14,033 wallets currently hold 100-1000 BTC, accounting for just over 20% of supply at 3.9 million BTC.On-chain data also shows the largest whales, with 1k-10k bitcoin and 10k-100k BTC holdings, number 1,906 and 112 respectively. Cumulatively, these wallets hold about 6.9 million coins to account for roughly 35% of bitcoin supply.The post Bitcoin addresses with 10+ BTC have jumped 71% since February 2022 appeared first on CoinJournal.

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1inch price broke higher on Thursday, rising by more than 10% on the day as 24-hour gains hit 16%. A bullish scenario for 1INCH could see its price break to $1 in the short term. The bearish case could materialise if sellers target $0.48. 1inch (1INCH) price is up 16% in the past 24 hours as of 8:45am ET on Thursday, with the cryptocurrency seeing huge buying pressure to invalidate a bearish formation that appeared after breaking lower mid-March.The 1INCH/USD pair is trading at its highest price level since 1 March, and the last 24 hours have been the best for bulls since 21 February 2023.1INCH price breakout – what’s the short term target?The bounce from lows of $0.48 on Monday had the 1INCH/USD pair just shy of the $0.60 resistance level, with the technical picture suggesting bulls have taken control. Indeed, the bullish breakout has 1INCH price sporting a 4% green candle on the hourly time frame as prices of major coins reclaim key levels.As can be seen in the chart below, 1inch price has soared with three consecutive daily green candles and both the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) on the daily chart indicating bulls have an upper hand.Media1inch price chart showing huge breakout in past 24 hours. Source: TradingViewMarket data shows massive open interest for 1inch. If bulls sustain the upward momentum, a breakout above $0.60 could see the 1inch token target the next major resistance zone near $0.68.The psychological $1 level is a key area of interest in the short term, especially given 1INCH traded to its all-time high of $8.65 in October 2021.1INCH price: what’s the bearish scenario?At current prices, 1INCH is trading at levels likely to attract profit booking from some investors. The outlook could come into play if rejection at current highs sees the support at the 100 day simple moving average pierced.The case is also suggested by the upward sloping RSI, which is trending towards the overbought territory. This means that should bears retake initiative, a breakdown at $0.48 would risk further losses to the $0.43 area.The post 1inch price prediction as 1INCH surges 16% to multi-week highs appeared first on CoinJournal.

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Key TakeawaysBitcoin had deviated slightly from stocks over the last couple of weeks Correlation has bounced back sinceTech-heavy Nasdaq continues to trade in lockstep with Bitcoin as investors in both asset classes look to shifting expectations around interest rates It’s been an odd few weeks in the market. The banking wobbles over the last few weeks, triggered by the bank run on the crypto-friendly Silicon Valley Bank (SVB), caused everything to go a little wonky. One of the most curious aspects of this was a deviation from the normal Bitcoin/stocks relationship. Or, sort of. Bitcoin raced upwards while markets digested the banking news, with the correlation – at least on a short-term rolling 30-day metric – dipping as per the below chart. The chart also shows, however, that the correlation has since come back up. As I wrote in a deep dive at the time, we have seen these cases of temporarily dipping correlation a few times over the last year, most notably with the FTX crash in November, as well as the Celsius and LUNA crashes before it. But in each case, the correlation roared back. The above chart shows that it is beginning to do the same again this time. And the chart below shows that no matter what you swing it, the relationship here is pretty close (and forgive the axis crime on this one, please). What happens next?The interesting question is what will happen going forward. The key development recently has been with regard to expectations around the future path of interest rates. The forecasts have been transformed. With hiking interest rates exposing the mismanagement of the aforementioned collapsed banks, the trouble has led to the market forecasting a pullback in plans to hike further. Instead of future hikes, there are now cuts in the pipeline, or at least according to the probabilities implied by fed futures. And it was the transition into this new interest rate paradigm, occurring last year as inflation began to roar and it became clear that central banks needed to act, which kicked the correlation up between stocks and Bitcoin. It is not that one is controlling the other, it is that Jerome Powell is controlling both. Tech stocks are particularly sensitive to interest rates, given the sector is valued so much by discounting future cash flows – and a lack of current profit – which is why the correlation, and bloodbath in 2022, was so strong between Bitcoin and the Nasdaq. Whether a potential pivot back off this uber-tight monetary policy sparks a deviation in correlation going forward is yet to be seen. Perhaps it will to a certain extent, but at the same time, it remains difficult to come up with a strong argument that Bitcoin is ready to truly deviate. A decoupling remains the ultimate bull vision for the asset, and perhaps it will get there one day in the future. But there is not much evidence, beyond blind hoping by those in the sector, that this is imminent. Over a multi-year time horizon into the future? That is anyone’s guess. But if the past couple of years has taught us anything, it is that stocks and Bitcoin are paired at the hip, especially tech stocks. The past couple of weeks, and the resumption of this trend, is actually more of a reminder of this than a proof against the theory.The post Bitcoin correlation with stocks rises again, normal service resumed appeared first on CoinJournal.

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Belarus will allow crypto businesses, including miners, to operate tax-free until 2025.Exempted taxes include value added tax, income tax and personal taxes.Belarus is one of the countries looking to incentivize more crypto-related investments.Belarus is one of the many countries not looking to lock out crypto firms from their jurisdiction with excessive taxation.As the regulatory environment becomes increasingly hostile to several crypto firms, the latest news from Belarus indicates the country has extended its tax exemptions for crypto related platforms and entities. Belarus now joins countries such as Singapore, the UAE, Switzerland and Germany in being crypto tax-free. Tired of paying 40% in crypto taxes?These 15 countries are crypto tax-free:Belarus
Bermuda
British Virgin Islands
Cayman Islands
El Salvador
Georgia
Germany
Hong Kong
Malaysia
Malta
Puerto Rico
Singapore
Slovenia
Switzerland
U.A.E.Find out more below 🌎⬇️— TokenTax (@TokenTax) March 29, 2023No taxation for crypto firms in Belarus till 2025According to details in the local news outlet AFN, Belarus president Aleksander Lukashenko only recently signed a decree that allows crypto miners and developers to operate tax-free within the country until 2025. The exempted taxes include personal tax, value-added tax and income tax.The tax exemptions do not benefit crypto miners and developers only – also set to enjoy the latest outlook are firms and individuals working around the exchange of coins and tokens for the Belarusian ruble and foreign currencies.AFN reported early Thursday that the new decree replaces the previous one that required crypto businesses and people working in the industry to pay applicable taxes up to the of 2023.Offering access to tax-free operations to businesses and industry players is the latest move by Belarus suggesting fresh incentives to crypto related projects. The country unveiled its High-Tech Park in 2017, targeting a new wave of crypto miners, and moved the efforts a notch higher with incentives for crypto firms, including through making initial coin offerings (ICO) legal.The post Belarus extends tax exemptions for crypto firms to 2025 appeared first on CoinJournal.

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Tezos price is poised between key suppport around $0.97 and major resistance at $1.28.XTZ bulls could target $2 in April if price breaks higher, or seek support at $0.70.The Tezos blockchain welcomed its 13th network upgrade dubbed Mumbai.The price of Tezos (XTZ) is down roughly 6.2% in the past 30 days, with declines of 1.2% seen in the past 24 hours. The market has largely been stable as far as XTZ price goes, with XTZ/USD hovering just above $1.10 since the retreat from highs of $1.50 in February.Tezos price is down 70% this past year, and more than 87% off its all-time highs of $9.12 reached in early October 2021.Tezos’ Smart Rollups go live via 13th protocol upgradeTezos is a proof-of-stake (PoS) blockchain designed to be self-evolving or self-amending with adoption.It means the blockchain undergoes several upgrades as it looks to increase security and decentralisation. Tezos’ liquid proof-of-stake consensus mechanism allows for the staking of XTZ, which is called baking. Holders of XTZ can earn rewards when they “bake” to help keep the network secure.After introducing updates to optimistic rollups and consensus keys via its 12th upgrade dubbed Lima in December 2022, Tezos announced on Wednesday the next upgrade – Mumbai – was live. The main update from this 13th upgrade to the blockchain is the introduction of Smart Rollups.Welcome to #Mumbai – @Tezos ' 13th protocol upgrade.Designed to Evolve. Built to Empower.#Tezos #BlockchainEvolved pic.twitter.com/gAPQqPYfKq— Tezos (@tezos) March 29, 2023The upgrade introduces a layer-2 scaling solution that will bump the network’s transaction throughput, with block time reduced from 30 seconds to 15. Apart from enabling faster transaction processing, Mumbai also enhances the security and integrity of decentralised applications (dApps) built on Tezos.XTZ price outlookThe price of XTZ is retesting the support of a downtrending line on the 4-hour chart. While there is decent demand around $1.06, the 4-hour RSI is dipping below 50.MediaTezos price on the 4-hour chart. Source: TradingViewAs such, a breakdown from the downtrend line could increase selling pressure and see XTZ/USD seek fresh impetus from around $0.97. Beyond this, Tezos could rely on the robust support expected near $0.70.On the upside, the key resistance zone to turn into support is around $1.28. If this happens amid increasing buy pressure, bulls can target $1.50 and then $2.00 in April.The post XTZ price outlook as Mumbai upgrade goes live on Tezos appeared first on CoinJournal.

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AltSignals has recently announced its ASI token, a game-changing crypto that promises to help investors find their edge in the market through AI-powered trading signals. But could ASI’s innovative approach make it one of the best crypto newcomers in 2023? Read on to discover why many seem to think so.What is AltSignals (ASI)?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_currentevents&news&utm_content=as_members_launch&utm_id=50">AltSignals</a> is a highly-respected trading signals provider, operating since 2017. It prides itself on delivering first-class calls to over 50,000 free subscribers and 1,400 VIP members, sending out over 1,500 trading signals with an average win rate of 64%. This is all made possible by its proprietary AltAlgo™ indicator, which scans the crypto, forex, and stock markets, identifying real-time opportunities to help investors and traders find their edge. So what do AltSignals’ returns look like? In January and February this year alone, its Binance Futures signals returned an incredible 4,643% across 23 trades, achieving an average success rate of 91%! These results are backed up by the platform’s <a href="https://uk.trustpilot.com/review/altsignals.io">Trustpilot</a> score – 4.9/5 across nearly 500 positive reviews. Alongside its remarkable AltAlgo™ algorithm, AltSignals has a team of pro traders using a comprehensive set of analysis skills to confirm the trading signals. Now, this team is introducing the ASI token to take their platform to the next level, aiming to revolutionize the trading signals game and potentially become one of the best crypto newcomers of 2023.What is the ASI Token?The ASI token is an innovative cryptocurrency designed to support the development and adoption of AltSignals’ groundbreaking ActualizeAI algorithm. As a key component of AltSignals’ ecosystem, the ASI token offers investors exclusive access to the most advanced AI-powered trading signals, enabling them to stay ahead of the market and maximize their profits.ActualizeAI will use the latest advances in AI technology, like machine learning, natural language processing, predicting modeling, sentiment analysis, and more. This will allow for complete automation of the trading signals process, enhanced by the power of AI to deliver some of the most accurate signals on the market. AltSignals’ ultimate goal is to achieve an average win rate of 80%+ across all of its trading signals. Investing in ASI tokens also grants access to the AI Members Club, a unique group where token holders can actively participate in product testing, contribute ideas, and enjoy early access to public rollouts. In return for contributing to the development of the ActualizeAI algorithm, users can earn additional ASI tokens. This collaborative, incentivized approach allows for continuous improvement of the AltSignals ecosystem, ensuring its sustained growth and success.By owning more ASI tokens, investors are able to access more advanced features of the AI ecosystem. While the details have yet to be confirmed, AltSignals has said it’ll use the sentiment analysis capabilities of ActualizeAI to identify presale opportunities before they explode, allowing users to get in early on the best crypto projects to make potentially life-changing gains. There are also other exciting benefits, like trading tournaments where users can put their skills to the test for a chance to win big prizes and recognition as a top trader, alongside opportunities to participate in the platform’s decentralized decision-making process with the ASI token. Finally, the ASI token has a deflationary model, supported by a 3-5 year buyback and burn plan designed to boost long-term price appreciation. The Potential of the ASI Token ASI’s potential lies in its ability to offer traders unparalleled access and real-time insights into the very best trading opportunities, all made possible by the advanced ActualizeAI algorithm. Moreover, with ActualizeAI targeting an 80%+ win…

Ripple price predictions have plateaued since the start of the company’s SEC troubles, which has led many investors to seek out alternative investment opportunities. While the XRP price remains stagnant, one of the most exciting opportunities around right now is the AltSignals (ASI) crypto presale.In a direct comparison between XRP and AltSignals, which project has the higher long-term price potential?The SEC’s Ripple effect and AltSignals’ AI developmentsThe XRP price has remained relatively stagnant over recent years since the token’s parent company, Ripple, was <a href="https://www.forbes.com/sites/roslynlayton/2021/12/29/sec-v-ripple-the-cryptocurrency-trial-of-the-century/">charged by the Securities and Exchange Commission (SEC)</a>. The ongoing court case has cast doubt over the long-term XRP price prediction, as investor confidence has suffered due to uncertainties surrounding the outcome.XRP remains a top 10 cryptocurrency by market capitalization. However, the SEC are investigating Ripple Labs to determine whether the XRP token is a cryptocurrency or whether it is a traditional security. The distinction between these asset classes is uncertain, as investment regulations are typically decades-old and have struggled to keep pace with the rapidly developing world of Web3.<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_members_launch&utm_id=56">AltSignals</a> is another, albeit different example of a fast-evolving project in the cryptosphere. The platform has supported a highly successful online trading community since 2017, and is now expanding its blockchain offering via the launch of its new token, ASI.The ASI crypto token presale will begin at $0.012 per token, rising in stages to $0.02274 by the end of the event. The token has vast utility within the AltSignals ecosystem and will provide access to a suite of new <a href="https://www.bbvaopenmind.com/en/technology/artificial-intelligence/blockchain-and-ai-a-perfect-match/">artificial intelligence</a> tools, named ActualizeAI. It could turn out to be one of the best long-term investment opportunities of the next few years thanks to the platform’s innovative trading solutions.What is XRP?XRP  is a cryptocurrency created by Ripple Labs. The token is designed to make transactions faster and more secure than traditional payment systems like banks and credit cards. The project’s goal is to enable people to send money across National borders in real-time and at lightning speed.XRP also promises to provide much lower transaction costs than traditional methods such as Swift, as it does not require third-party intermediaries like banks to facilitate the process. The XRP price skyrocketed in 2018 and has been in the top 10 tokens by market cap ever since.Ripple price prediction: Could the XRP price reach $4.20 in 2025?The ongoing court case with the SEC has harmed the long-term Ripple price prediction. While many in the space expected exciting XRP price movements during the 2021 bull run, the token failed to surpass its previous all-time high. As a result, many investors have sought alternative investment opportunities. This could harm the XRP price even further over time, as the Ripple price prediction is limited by the legal uncertainty..The Ripple price prediction by 2025 is just $1.50, although this is liable to change if the outcome of the SEC trial is positive.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_members_launch&utm_id=56">AltSignals</a> has shared profitable trading signals with its community of crypto traders since it first launched in 2017. The AltAlgo™ indicator has enabled those who implemented its trades to 10x their portfolio in 19 separate months, which makes the AltSignals platform a leader in its field.The platform is now developing a new AI-powered trading stack called ActualizeAI. ActualizeAI…

If you’ve been paying attention to the crypto market in recent years, there’s a good chance you’ve heard Cardano’s (ADA) name being thrown around. Many crypto investors see long-term potential in ADA, but some are wary of its instability. This article will break down Cardano price predictions and why some investors are looking at AltSignals’ ASI token, which is now in its presale, for more prospects.Cardano’s outlook for 2023 and beyondThroughout 2021, Cardano saw a significant amount of traction, which garnered the interest of many investors in the crypto market. With faster transaction times than Ethereum and Bitcoin, Cardano also brings lower costs and energy usage to the table. It also aims to deliver these benefits without cutting corners on scalability and security.Although cryptocurrency had a great year in 2021, it saw quite a downturn throughout 2022. Some of this comes from the general crypto market condition, but worries about ADA’s tardy development may also play a part.Back in September, Cardano underwent an upgrade called the Vasil hard fork. There was a lot of controversy over this upgrade as it was released to help Cardano offer more scalability, functionality, interoperability, and overall performance. This has inherently brought the ongoing discussion about the cryptocurrencies future and changing sentiments when it comes to Cardano price predictions.Will Cardano (ADA) reach $6.00+?That’s quite a jump from where Cardano sits right now, and you’d be right, but looking at the short and long-term potential is essential. Many analysts, such as Wallet Investor, CaptainAltCoin, CoinCodex, and the like, offer insight into the cryptocurrency’s future.One of the highest price predictions right now comes from PricePrediction.net. They predict that Cardano can reach over $6.00 by the year 2030. Compared to many other predictions, this would be a relatively bullish take.Another long-term prediction from CaptainAltCoin states that ADA could land somewhere around $2.11 by 2030. They feel the cryptocurrency can surpass $4, but not until 2040. This has brought up more conversation among crypto investors about the cryptocurrency’s instability and why AltSignals’ ASI token may be a decent alternative.What is AltSignals’ ASI token?Considering the benefits of artificial intelligence, natural language processing, and machine learning in predicting market trends, AltSignals will be adding an AI tech stack element for their dedicated investor community. It aims to provide advanced sentiment analysis, optimized risk management, and accurate, automated trading. With their AI ecosystem, AltSignals claims to give ASI token holders a significant advantage in the market.The ASI token will also open access to the company’s AI ecosystem, ActualizeAI, currently in development. investors’ access to this ecosystem directly correlates to the number of tokens in their wallets. This is a big part of the company’s incentive to attract crypto investors. Holding ASI tokens will also give investors early access to their new AI algorithm, ActualizeAI.  These benefits sound excellent; it’s also essential to understand the token’s utility. AltSignals’ token utility will focus on the following key points:ActualizeAI (AI algorithm)Future AI-powered productsThe AI Members ClubExclusive presale opportunitiesTrading tournamentsCommunity governanceIt’s evident that the ASI token plans to bring fresh opportunities to the cryptocurrency market and AltSignals. Although the company aims to offer its investors numerous benefits, it hopes to impact the market by giving traders a better chance at success.How the ASI token will change the signals industryAltSignals aims to assist traders with the help of artificial intelligence. The company has previously sent traders over 1,500 signals with a track record of 64% accuracy. Their new AI layer will combine machine learning and natural language processing (NLP) to achieve the best results possible.AltSignals’ linear regression model will predict the future prices…

The Crypto markets can prove challenging to navigate due to the volatile nature of its response to Macro economic and political incidents which affect it. This volatility is further fuelled by the speculative nature of the projects to which cryptocurrencies are attached, with new and cutting-edge technologies being applied while in their infancy but with potentially revolutionary outcomes affecting the future.AltSignals is one such platform that is adopting brand-new technologies, as it also launches the <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_members_launch&utm_id=77">presale</a> round of its new token, ASI. Here’s why crypto traders are already flocking to get on board with this exciting, unique opportunity.AltSignals: Making online trading simple<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_members_launch&utm_id=77">AltSignals</a> launched in 2017 and rapidly grew into a highly successful online trading community, now serving 52,000 members. The platform provides trading intel including the best entry-level investments and target prices which its community should consult before buying or selling. The new algorithmic AltAlgo™ trading indicator is designed to help members maximize the profitability of the volatile nature of the crypto market.Alongside this well-established capability, AltSignals Is harnessing the power of Artificial Intelligence (AI) to improve the quality of its signals further and begin revolutionizing the trading signals market with its ActualizeAI toolkit.To help push AltSignals to the forefront of the AI-powered crypto revolution, it is currently launching its ASI coin during a five-round presale event before hitting exchanges later in 2023. ASI coin holders receive several benefits, including exclusive access to ActualizeAI signals and joining the ActualizeAI Club.Can ASI reach $1 in 2023?The beta presale phase launched the new token, ASI, at the price of $0.012, a value set to rise over the event to an eventual $0.02274. The deflationary tokenomics, and built-in utility within the AltSignals platform, which the AI capability will further enhance, looks set to catapult ASI to the forefront of Web3 AI-enabled projects.The rich potential of ASI could see it go stratospheric when it hits the exchanges after the presale, and some analysts predict that ASI could push toward the $1 barrier by the end of the year. Even if it falls slightly short of this mark, early investors will more than likely see handsome returns on their initial outlay during the presale.What is AltSignals?<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_members_launch&utm_id=77">AltSignals</a> is one of Web3’s largest online trading communities, helping investors consistently profit by navigating market trends. The release of the ASI token will help expand the blockchain operations for all AltSignals alongside the ActualizeAI toolkit.ActualizeAI combines machine learning algorithms that continually scour markets 24/7 to provide the most up-to-date data fed through a pioneering predictive modeling tool and eventually merged with natural language processing (NLP) to deliver highly accurate signals to the AltSignals community.The results of ActualizeAI-enabled signals are impressive levels of data that determine the best entry point for investors seeking new trades at the best buy/sell prices. Access to the toolkit is available to all ASI token holders.How does ASI work?As well as unlocking access to ActualizeAI signals, coin holders can choose to become members of the ActualizeAI club. This unlocks access to some of the most lucrative crypto opportunities, including the best presale events and most profitable-looking p2p sales.In addition, ASI coin holders can make their holding…