Key takeawaysA Hong Kong regulator has revealed that DeFi projects could be subject to regulatory requirements.The SFC said DeFi activities fall within the scope of the Securities and Futures Ordinance.Hong Kong’s new licensing regime for digital asset trading platforms takes effect in June 2023DeFi projects could face regulatory requirements in Hong KongKeith Choy, interim head of intermediaries at Hong Kong’s Securities and Futures Commission (SFC), revealed on Wednesday, April 12th, that decentralised finance (DeFi) projects could face licencing requirements and regulation in the country. According to the SFC, DeFi activities fall within the scope of the Securities and Futures Ordinance and will be subject to the same regulatory requirements as traditional finance (TradFi). Choy mentioned this while speaking at the Web3 Festival in Hong Kong. This latest cryptocurrency news comes after the United States and France recently published reports on DeFi regulation. Choy’s speech doesn’t come as a surprise, as the SFC has previously pointed out that the DeFi ecosystem is in need of regulation. However, the regulatory agency is yet to lay out its plans on how to properly regulate the ecosystem. Choy said;“Providing automated trading services is a regulated activity under the SFO. If a decentralized platform allows trading in virtual assets, which constitutes securities or futures as defined under the SFO, the platform and operators are required to have a Type 7 license.”Collective investment schemes also need authorisationThe SFC pointed out that authorisation requirements are also necessary when companies wish to offer a collective investment scheme to the public in Hong KongAccording to Choy, DeFi presents regulatory agencies with issues, including financial stability and limited transparency, resulting from a lack of data and unregulated firms and activities. He also discussed market integrity issues like price oracle manipulation, front-running transactions and investor protection concerns.Hong Kong is one of the leading crypto hubs in the world. In February, Interactive Brokers launched its crypto trading services in Hong Kong. Hong Kong’s new licensing regime for digital asset trading platforms is set to come into effect in June 2023.The post DeFi projects could face regulatory requirements, says Hong Kong regulator appeared first on CoinJournal.

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The cryptocurrency market remains resilient despite a wave of bad news in 2022Bitcoin trades above $30k, up 80% YTDHODL seems to be the secret of Bitcoin’s success as Bitcoin hoarding in personal wallets rises2022 has been a terrible bear market for cryptocurrency investors since November 2021. Bitcoin, the leading cryptocurrency, dropped from $69k to $15.5k in a matter of months.Other cryptocurrencies followed.Over the last year, the industry was hit by a wave of negative news. Just think of the FTX collapse, which turns out to be the largest fraud in recent history.Also, the $2 trillion bear market was the largest in the (relatively short) cryptocurrency market’s history. Moreover, multiple crypto lender bankruptcies have been announced.Finally, over 300 lawsuits and regulation cases scared investors away.Yet, the market bounced. It is incredibly resilient, rewarding investors believing in it. For instance, Bitcoin trades above $30k, up +80% YTD.Bitcoin hoarding in personal wallets is a positive signRecent research from the Bank of America shows positive developments for the cryptocurrency industry. HODL seems to be the secret of Bitcoin’s success. According to the research, hoarding in personal digital asset wallets increased after Bitcoin’s price jumped above $30k.MediaThis is nothing short of impressive, considering that Bitcoin was released less than two decades ago. To put it into context, one Bitcoin was priced at 5 cents in 2010.It tells much about the cryptocurrency market’s volatility and that booms, busts, mania, and despair are the norm.The post Should you invest in cryptocurrencies as they bounced from the 2022 lows? appeared first on CoinJournal.

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REN price fell to lows of $0.94 after Ren Protocol announced the transfer of all crypto assets to FTX debtor wallet.Ren says all assets will be sent to cold storage wallets belonging to the debtor.FTX/Alameda acquired Ren, a cross chain bridge protocol, in February 2022.The price of REN (REN) fell sharply on Wednesday morning after Ren Protocol announced it would be transferring all of its assets to the FTX debtor’s wallet.As the broader market traded cautiously amid wider anticipation of economic data later in the day, REN holders were spooked into heavy selling. REN price nosedived from above $0.10 to lows of $0.94, shedding nearly 12% of its value against the US dollar.The sharp declines were accompanied by huge sellside volume, with data from CoinGecko showing daily trading volume had spiked by more than 45%.REN price nosedives on major FTX-related Ren announcementRen Protocol is a cross-chain bridge that FTX, through its subsidiary Alameda Research, acquired in February 2022. Following the collapse of the Sam Bankman-Fried led crypto exchange last November, the platform’s assets moved to the debtors’ amid the ongoing bankruptcy proceedings.Now the Ren Protocol team says the FTX “Debtor” has asked them to transfer all crypto assets it holds to cold storage wallets controlled by the debtors. The platform noted that the transfers are meant to help secure the cryptocurrencies ahead of any possible shutdowns of infrastructure and systems related to FTX.pic.twitter.com/KndTzULW5B— Ren (@renprotocol) April 12, 2023Ren will send the cryptocurrency to segregated wallets, with assets moved from bridge protocol stored separately from other assets secured by the Debtor.In December, Ren announced that its v.1.0 remained operational after the FTX/Alameda debacle. However, the team recognised the network could go offline and urged holders of Ren assets to bridge back to the native chains.2) Due to this not being in our control, it is advised for anyone still holding Ren assets to bridge those assets back to their respective native chains.This can be done here: https://t.co/5rq7H5zuV1— Ren (@renprotocol) December 20, 2022While the REN/USD pair has clawed back a little, the token remains vulnerable to further downside. However, buyers are battling to keep the support zone near $0.98. Some REN holders are also looking at the dip as an opportunity to buy low, pointing to the promise of Ren v.2.0.The post REN price dips after major Ren Protocol announcement appeared first on CoinJournal.

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Riot Blockchain stock price has done well this year as Bitcoin prices jump. The shares jumped to a high of $10.62 on Wednesday, the highest point since April last year. In all, the stock has jumped by more than 284% from the lowest point since November last year.Bitcoin price boosts minersThe main catalyst for the strong Riot Blockchain comeback is the strong performance of Bitcoin and other cryptocurrencies. BTC has jumped by more than 80% in 2023, making it one of the best-performing major assets in the world.Like other mining companies, Bitcoin miners do well when cryptocurrencies are rising. And now, analysts believe that crypto prices will continue rising in the coming months. Bullish bets that BTC will retest its all-time high have increased. The main reason for this optimism is the expectation that Fed will change its tune on interest rates. The bank has already hiked by 475 basis points in the past few months and analysts expect that it will hike by 0.25% in May. But the Fed will not hike forever, which explains why the US dollar index and bond yields have slipped.Needham upgrades Riot BlockchainThe other reason why Riot stock price jumped is that analysts have turned bullish on the stock. On Wednesday, analysts at Needham upgraded the stock to $15, which is a 30% upside from the currrent level.  Their previous estimate was $9.The analysts cited the company’s mining data and the fact that Bitcoin has jumped sharply this year.Other analysts have a positive rating on the stock. In March, Cantor Fitzgerald reiterated their outlook for the stock to $10. B.Riley and MKM Partners are also bullish on the stock.Therefore, a combination of higher Bitcoin prices, the potential for rate pause, and increased mine production could push the stock higher. In March, the company’s mine production jumped by 36% on a year-on-year basis.Riot Blockchain stock price forecastMediaThe daily chart shows that the RIOT stock price has done well in the past few days. It managed to move above the key resistance point at $10.52, the highest point on August 11. Most importantly, a golden cross is about to form as the 50-day and 200-day moving averages near their crossover. Therefore, the stock will likely continue rising as buyers target the next reference level at $15.How to buy BitcoineToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.Buy BTC with eToro today Disclaimer PublicPublic is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.Buy BTC with Public today Disclaimer The post Riot Blockchain stock receives an upgrade as golden cross nears appeared first on CoinJournal.

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Singapore, Singapore, April 12th, 2023, ChainwireFamed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform<a href="https://minnapad.com/">Minnapad</a>, a create-to-earn DAO launchpad and NFT marketplace that provides access to renowned Japanese creators, announced the first two DAOs in a series planned for this year. The inaugural kick-off will be in partnership with two game creators, allowing fans to collaboratively create legendary DAO projects and have ownership of exciting new IPs from their respective heroes. The first DAO will be in partnership with Keiji Inafune, and debut the new IP BEASTROID in video games, comics, anime and physical mediums, in addition to NFT collections. Minnapad will then launch BRAIN FIGHTER, an IP with warriors controlled with brain waves, with Seiichi Ishii who pioneered the 3D fighting game genre through his work on Tekken and Virtua Fighter. Both are scheduled for Q2 2023.Mr. Inafune is best known for giving the Mega Man franchise its distinctive visual style and producing several titles during his tenure at Capcom. Mr. Inafune is utilizing his love of creating new IP to fuel his new project. Mr. Inafune’s DAO aims to offer original characters built around a compelling post-apocalyptic world where humans fight for survival. Mechanized animal creatures called “BEASTROID” are humanity’s only hope to reach a safe haven called Paradise. Minnapad and Mr. Inafune have partnered to breathe new life into the initial BEASTROID NFT collection, inviting existing holders to the DAO membership presale and providing utility in the Minnapad ecosystem in the near future. More information about the presale will be shared soon.<a href="https://coinjournal.net/wp-content/uploads/2023/04/1YmiVQH0WQ9QmQ-MJhSPreA_16812716290viFPHuFaE.jpg">Media</a>BEASTROID logo<a href="https://coinjournal.net/wp-content/uploads/2023/04/1holCI2RxzqfOc0zTpOCj6w_1681271628J0r2l7ZhCR.jpg">Media</a>BEASTROID concept art<a href="https://coinjournal.net/wp-content/uploads/2023/04/1cZQkou6tKadjQkDgFBewYg_1681271628SGHjVRDbw3.jpg">Media</a>BEASTROID Team A“Minnapad is doing something new with Japanese content, bringing together the power of many opinions united as one,” said Keiji Inafune, creator of BEASTROID. “It is the perfect platform for BEASTROID to come to life. It’s not simply a game, but we will keep developing it in different ways, together with fellow DAO members. In addition to BEASTROID, I have high hopes many new IPs will be born from this DAO.”<em>Keiji Inafune interview</em>BRAIN FIGHTER is the brainchild of Mr. Ishii, the visionary designer who laid the foundation for modern fighting games through his works including multiple Tekken and Tobal titles, and as co-creator of Virtua Fighter. Mr. Ishii brings his traditional fighting game legacy to a fresh new platform with his next original IP. In this world, small robots called Brain Fighters controlled by people’s brain waves are all the rage. Each person becomes the protagonist of this world, controlling their own Brain Fighters, and battle against others in a tag team style for victory.<a href="https://coinjournal.net/wp-content/uploads/2023/04/1bQUtphxYcJEx_g2Rnu_q2A_1681271628Zg3gNKgyXz.jpg">Media</a>BRAIN FIGHTER logo<a href="https://coinjournal.net/wp-content/uploads/2023/04/11laGkA4ELSgFTlzmMcI63g_1681271628qxU2TaEsM0.jpg">Media</a>BRAIN FIGHTER concept artBRAIN FIGHTER demo movie1BRAIN FIGHTER demo movie2“I’ve been yearning to collaborate with a group of like-minded individuals and enjoy the process of creating games together once again,” said Seiichi Ishii, creator of BRAIN FIGHTER. “The emergence of Web3 and DAO got me excited about the possibility of taking on projects in a different way than before. The BRAIN FIGHTER IP I have envisioned is something that I could never achieve alone, so I hope to work with the Minnapad community — which we call ‘Minna-san’ — to create a truly special new…

At press time, WiFi Map (WIFI) token was trading at $0.07858, up 15.04% in 24 hours.WiFi Map offers participate-to-earn allowing users to earn tokens for adding hotspots, verifying credentials, and running speed tests.The WIFI token has today been listed on three major crypto exchanges in a week.WIFI token, the native token of WiFi hotspot platform WiFi Map, has been surging since Tuesday mainly because of the listing on the cryptocurrency exchange Huobi.WIFI deposits on the exchange started on Tuesday prior to its listing on Wednesday. Huobi traders will be able to trade the WIFI/USDT pair starting today.The Hobi listing is the third huge listing for the token in one week, following OKX and Gate.io listings.What is WiFi Map?WiFi Map is a WiFi hotspot blockchain platform that is powered by the WIFI token, which is an ERC-20 token on Polygon Network.The platform offers a variety of products including an in-app wallet and participate-to-earn opportunities allowing users to earn tokens for adding hotspots, verifying credentials, and running speed tests.It also offers an eSIM cashback allowing users to purchase eSIM data and receive 3–5% instant cashback in WIFI tokens. Users also receive a 15–20% token cashback reward for redeeming $WIFI tokens for eSIM data.WiFi Map also offers Hold-to-earn where users earn eSIM data for holding WIFI tokens.There is also a WiFi Map DAO that allows the WiFi Map community can decide on the best way to grow the ecosystem.The post WIFI token price surging buoyed by major exchange listing appeared first on CoinJournal.

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DigiToads is an exciting new web3 game that lets you collect, nurture and battle Toad NFTs.The DigiToads presale is in the third stage called “Lilypad 3.’Only 3.92% of the current presale stage remains to be claimed.The cryptocurrency world is witnessing yet another explosive presale event with DigiToads (TOADS), a DeFi token whose presale has piqued significant interest among crypto enthusiasts and play-to-earn (P2E) gamers in recent weeks. Like Stepn (GMT) and Aptos (APT), two previous presale success stories, DigiToads has seen a remarkable surge in popularity and investment.The similarities are striking when comparing DigiToads to previous presale success stories such as Stepn (GMT) and Aptos (APT). Just like the two, the DigiToads presale is quickly selling out seeing that its third stage is already 96.08% sold out. You can participate in the presale here.Stepn and Aptos experienced explosive growth during their respective presales, with investors clamouring to get in on the action. Why has DigiToads (TOADS) become so popular?DigiToads (TOADS) aims to bring together the worlds of NFTs, DeFi tokens, and GameFi through its unique platform that allows users to stake their NFTs in exchange for increased rewards while engaging with the platform’s gaming setup.The DigiToads presale event, which is almost coming to an end, offers investors the opportunity to purchase the TOADS altcoin at a low price. At press time, one TOADS token was going for 0.016 USD USDT. So far, the presale has reached Stage 3 of the ten planned stages and has raised a whopping $1 million within weeks.Comparing the DigiToads presale to the Stepn presale?Stepn (GMT) experienced tremendous growth during its presale stage. Stepn is a move-to-earn platform that pays users in either ERC-20 tokens, GMT, or Green Satoshi. Stepn’s presale raked in over $9 million and the price of GMT kept rising throughout the presale period.There are similarities when comparing the TOADS presale with Stepn’s (GMT) presale growth. The numerous elements, including the potential growth in both tokens and the unique features provided by DigiToads (TOADS) and Stepn (GMT), can be blamed for this rapid rise. Plus, they both used similar marketing techniques to draw interest.Comparing Aptos Presale to the DigiToads presaleAptos (APT) is the newest layer one blockchain and it received substantial venture capital backing when it was starting. Many believe this is because it was created by the team responsible for the creation of Meta.Just like the TOADS token price, the price of APT grew significantly throughout its presale which began in October 2022. The Aptos token has experienced substantial growth with its price increasing from $2 to $10 in just a few months.Overall, the DigiToads (TOADS) token growth mirrors that of Aptos making it a cryptocurrency to watch in the coming weeks.Is DigiToads’ TOADS token a good investment?Well, investing in cryptocurrencies comes with a myriad of risks especially since the crypto market is extremely volatile and the fact that there are many scam projects out here.However, despite the many challenges, there are still viable crypto projects that investors can cash in although one has to consider a variety of factors before investing his/her hard-earned money.That said, DigiToads’ TOADS presale could be a good chance for investors to take advantage of the DigiToads projects before it goes mainstream.The TOADS token is a utility-rich token and its price has been rising during the presale. The post DigiToads meteoric presale growth reminiscent of Stepn and Aptos appeared first on CoinJournal.

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AVAX is trading around $18.44 and could rally to $30 with fresh upside momentum.On-chain data shows a jump in social volume and sentiment, suggestng uptick in retail activity.Avalanche recorded a 62% jump in daily active users last week.Avalanche price is up 1.5% at the time of writing, and just over 14% in the past one month. While the token of this Ethereum competitor has not seen a major price uptick compared to some of the top coins by market cap, on-chain data suggests a fresh catalyst is likely to see AVAX/USD soar.Avalanche (AVAX) price- on-chain metrics signal bullish outlookAvalanche, according to one on-chain metric, is flashing signals of a new upward momentum. Santiment, in a brief assessment of the Avalanche social volumes indicator, says current sentiment for this coin has been higher than when AVAX price rose to its year-to-date highs of $21 in February.The increase in social volume as well as positive weighted sentiment for Avalanche during the latest pullback provides for a bullish outlook for the cryptocurrency, Santiment noted.According to the on-chain data platform, AVAX/USD saw “minimal social volume and sentiments were stagnant,” during the run to $21. The difference between then and now is clear in terms of the sharp increase in these metrics.As such, Avalanche is poised for a potential uptick in retail buying, an outlook that could spell a period of sustained gains for the tokens.📈 The latest community insight posted by the #DCXResearch team notes that in February 2023, when the price of #Avalanche reached $21, there was minimal social volume and sentiments were stagnant. However, during the current pullback, there has been a notable increase in both pic.twitter.com/Qb4qD9dt0x— Santiment (@santimentfeed) April 12, 2023“This is an interesting trend, as social volumes have significantly increased, suggesting a potential leading indicator that will be picked up by retail segment in price movement in coming near future,” Santiment noted as it commented on the price movement of AVAX.On 10 April, Web3 platform Token Terminal shared details on Avalanche that showed daily active users on the network had spiked by more than 62% over the past week.Daily active users on @avalancheavax up 62.8% over the past week 📈 pic.twitter.com/dCkoaZuXdP— Token Terminal (@tokenterminal) April 10, 2023Avalanche currently trades around $18.44 and could jump 22% to hit the February peak. The next target would be $30, which would mean a 64% jump from current levels.The post AVAX price outlook: key indicator points to new momentum appeared first on CoinJournal.

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Bitcoin is up again following the U.S. inflation data on Wednesday.Warren Buffett reiterates that BTC doesn’t have any intrinsic value.BTC is currently up a whopping 80% since the start of the year.Bitcoin has climbed a whopping 80% since the start of the year but the “Oracle of Omaha” is still not convinced that it’s an investable asset.Buffett reiterates his view on BitcoinLegendary investor Warren Buffett continues to see the bitcoin as “rat poison squared”. Spending money on it, he reiterated today, is more akin to gambling than investment.Bitcoin is a gambling token and it doesn’t have any intrinsic value, but that doesn’t stop people from wanting to play the roulette wheel.Buffett is one of the most notable critics of cryptocurrencies at large.Interestingly, though, his conglomerate Berkshire Hathaway increased its stake just a day earlier in Sumitomo Corp despite the Japanese trading company’s affiliations with Ripple.Bitcoin is up after the U.S. inflation data todayBitcoin is trading comfortably above the $30,000 level on Wednesday following the update from the U.S. Bureau of Labour Statistics which confirmed that inflation continued to ease in March.And Buffett agreed that there’s no telling when the upside will exhaust. On CNBC’s “Squawk Box”, he said:That’s predicting when speculation will end, when gambling instinct will go away, when more people would want to get out. If I were good at that, I’d make a lot of money in different things.Remember that the total supply of bitcoin is scheduled to have in April or May of next year – an event that’s historically unlocked more upside in BTC.The post Warren Buffett still sees bitcoin as a ‘gambling token’ appeared first on CoinJournal.

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DAIS, a new AI-powered fashion NFT platform that has garnered significant attention and investment since its launch on April 11th. DAIS has already raised more than $100,000 with investors rushing to secure tokens for this viral project. The platform offers users the opportunity to earn income by collecting NFTs and try-on digital fashion. The web3 platform that merges cutting-edge blockchain technology with fashion.The platform’s beta presale of DAIS tokens is currently available at a price of $0.0005, with some experts modeling a 480% increase in price before the final stage begins. The presale will end soon with the IEO to follow afterward.Investors who purchase the DAIS tokens during the beta presale using the promo code GRABDAIS20 will receive a 20% bonus on their tokens. This is a Limited Offer!The digital fashion industry is already worth $500 million and grew by 30% in the last year, and is estimated to reach $4.8 billion by 2031, making it a lucrative market for DAIS to enter. DAIS offers several features that will revolutionize the industry, such as AI-powered design, AR, NFTs, Dex exchange, sustainability, and creator incentives. The platform’s AI-powered design system generates unique and visually appealing fashion designs that cater to various styles and preferences, promoting creativity in fashion design and customization.The use of NFTs on the platform ensures the scarcity, uniqueness, and value of each digital fashion item, offering collectors and investors an alternative to traditional fashion assets. Additionally, focusing on digital fashion reduces the environmental impact of the fashion industry, making it an eco-friendly alternative to traditional fashion consumption.DAIS is also seeking partnerships with luxury brands to conduct sponsored NFT fashion events that will provide merchandise or discounts on NFTs. These partnerships will broaden the reach and appeal of digital fashion and provide additional revenue sources for the platform.DAIS tokens have no vesting period, with almost the entire supply in the hands of the community, ensuring no risk of a rug-pull or scam. The platform’s team has developed robust tokenomics that inspire investor confidence, with 50% of the max 20 billion supply made available in four presale rounds and the final 50% set aside for future Cex exchange listings, burning, marketing, and Dex liquidity.DAIS is poised to revolutionize the digital fashion industry and transform the way we think about fashion and its economic potential.Beginners’ Guide: How to Purchase DAISThe steps below will show beginners how to take part in the DAIS Presale:Step 1 — Download a Crypto WalletInvestors will first need to download a crypto wallet such as MetaMask or Trust Wallet.They are free and can be used either via a browser extension on a PC or via a mobile app.Step 2 — Purchase or Hold ETHInvestors will need to hold some Ethereum (ETH) in their crypto wallet — both to convert into DAIS and to cover Ethereum gas (transaction) fees.ETH can be bought via any trusted crypto exchange or broker and simply transferred into the wallet, or directly on the wallet with both MetaMask and Trust Wallet.Tether (USDT) can also be used to purchase DAIS, but ETH is the simpler choice for beginners as buyers will need to hold some anyway for gas.Step 3 — Connect to DAIS WebsiteOnce ETH (or USDT) is held in the wallet, visit the <a href="https://dais.network/">DAIS website</a> and select ‘Connect Wallet!’That should then allow you to connect and sign in with your crypto wallet.Next, select the relevant ‘Buy With…’ option and input the amount of tokens you wish to purchase or spend (min investment $50, no max) — after confirming, another window will appear where you will need to confirm the ETH gas fee, so leave some over to cover that.Step 4 — Claim DAIS TokensOnce the public presale ends, you’ll be able to claim your purchased DAIS tokens using the claim page. Claim button and updates will be given before the claim goes live with further instructions.Visit <a…

Key takeawaysThe Ethereum network completed the Shanghai upgrade on Wednesday, allowing users to unstake their ETH coins.ETH is up by more than 6% in the last 24 hours and is now trading close to the $2k level for the first time this year.Ether is outperforming the other major cryptocurrencies.Ethereum network completes the Shanghai upgradeThe Ethereum network has completed its long-awaited Shanghai upgrade, ushering in an era of staking withdrawals on the blockchain. The Shanghai hard fork was completed at 22:27 UTC and finalised at about 22:42 UTC. The Ethereum community considers the upgrade a huge milestone as it completes Ethereum’s migration to a proof-of-stake protocol. Thanks to the Shanghai upgrade, Ethereum users can now unstake their ETH coins on the blockchain. During the Shapella Mainnet Watch Party hosted by Ethereum Cat Herders, Vitalik Buterin, the co-founder of the Ethereum blockchain, revealed that the hardest and fastest parts of the Ethereum protocol’s transition are basically over. He added that the Ethereum network will now be focusing on scaling (enabling faster transactions) following this upgrade. Buterin stated that;“If we don’t fix scaling before the next bull run, we know people are going to be stuck paying $500 transactions. If, on the other hand, we don’t have Verkle Trees before the next bull run, well, things might suck, but you know, it’s a much smaller problem than, you know, $500 transactions, right?”Ether closes in on the $2k psychological levelEther, the native coin of the Ethereum network, has been rallying following the Shanghai upgrade. ETH is up by more than 6% in the last 24 hours and is closing in on the $2k level.At press time, the price of Ethereum stands at $1,983, the highest it has reached since August 2022. The technical indicators show that ETH could rally higher in the near term.MediaETH/USDT Chart By TradingView The MACD line is within the positive region, indicating that the bulls are currently in charge of the Ethereum market. The RSI of 74 also shows that Ether could enter the oversold region in the near term.If the bullish trend continues, ETH could break past the $2,031 resistance level over the next few hours. In the event of an extended rally, ETH could trade above the $2,160 level for the first time since May 2022.Where to buy Ethereum noweToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.Buy ETH with eToro today Disclaimer PublicPublic is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.Buy ETH with Public today Disclaimer The post Ether price closes in on $2k following the Shanghai upgrade appeared first on CoinJournal.

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DigiToads presale is 97% sold out in stage 3 as Ethereum price looks to break past the $2,000 mark.Stellar price has also broken higher in the past month, up more than 25%.TOADS is the utility token of the innovative play-to-earn and NFT staking ecosystem DigiToads.Stellar<a href="https://coinjournal.net/ethereum/">Ethereum (ETH)</a> price is poised for a rally above $2,000 after the Shanghai upgrade went live on 12 April. While the top smart contracts blockchain network makes the highly anticipated move, two other coins to watch in the market are <a href="https://coinjournal.net/stellar-lumens/">Stellar (XLM)</a> and <a href="https://digitoads.me/ivz">DigiToads (TOADS)</a>. Both XLM and TOADS are racing to reach the $1 milestone, with bulls hoping for a foothold that could push the tokens even higher.With investors eagerly watching the market, these three are among the <a href="https://coinjournal.net/cryptocurrencies/">best cryptos</a> looking to continue with an upside momentum. This article offers an in-depth outlook at ETH, XLM and TOADS.DigiToads (TOADS): The innovative utility token with P2E gaming and NFT stakingDigiToads (TOADS) stands out from other meme coins as it is more than just a token—it’s a utility token to impact society positively. By engaging in NFT staking, P2E gaming, and holding TOADS tokens, you can enjoy the best NFTs while experiencing thrilling prospects for growth and passive income.DigiToads features an ERC20 token that players can earn and use within the game’s ecosystem. With this, players can purchase new DigiToads, upgrade their existing ones, and access exclusive features and rewards.In the swamp arena, players can utilize the TOADS DeFi token to purchase food, potions, and training equipment to enhance the strength of their DigiToads. The top 25% of players on the leaderboard are rewarded with TOADS tokens after each season, offering players an opportunity to earn actual money as they partake in the game.DigiToads offers some of the best NFTs on the market and rewards its TOADS holders for their loyalty by airdropping 10% of the accumulated funds to them monthly. Also notable is that 2% of every TOADS transaction is allocated to the staking pool to support its NFT staking program.<a href="https://digitoads.me/ivz">>> Buy DigiToads Now <<</a>Ethereum (ETH): The driving force behind DeFi and the $2,000 milestone Ethereum (ETH), which launched in 2015, has grown to become the leading altcoin. The Ethereum market cap is only second to Bitcoin. One of the main strides the blockchain network has enabled the broader crypto industry take is its enabling of a thriving decentralized finance (DeFi) and non-fungible tokens (NFTs) ecosystem. After recent upgrades, ETH has cemented its appeal as one of the best cryptocurrencies to buy for portfolio diversification.Ethereum price has traded under the $2,000 mark this April, and with the community upbeat about its future, its native token is expected to break and maintain fresh momentum above the $2k level incoming weeks.What is expected to drive ETH price is the growing demand for decentralized applications (dApps) on the Ethereum network, as well as the popularity of ERC20 tokens.Stellar (XLM): Revolutionizing cross-border transactions, targeting $1Stellar (XLM) is a decentralized blockchain platform facilitating secure and quick cross-border transactions between different currencies. XLM is currently among the best cryptos because of its low-cost financial services available to all, irrespective of their financial status. Stellar is considered one of the best ICO investments, with the price of XLM forecast to target the $1 mark by end of 2023. What makes Stellar unique is its consensus algorithm that uses the federated Byzantine agreement protocol to enable efficient transaction processing. As adoption rates increase, XLM could become one of the <a href="https://coinjournal.net/news/10-best-cryptocurrencies-to-invest-in-now-what-crypto-to-buy-today-for-the-best-roi-in-2023-and-beyond/">best cryptocurrencies…

Bankrupt FTX has reportedly recovered $7.3 billion in assets.The embattled crypto exchange is considering relaunching in Q2, 2023.FTX is currently embroiled in US Bankruptcy court proceedings.In what could be a dramatic turn of events, the FTX cryptocurrency exchange during Bankruptcy court hearing on Wednesday reported it has recovered $7.3 billion in cash and cryptocurrency assets.The asset recovery shows the exchange has recovered an additional $800 million since January according to the company’s attorney who provided the details during the court hearing.FTX to relaunch in Q2, 2023In yet another positive news for the embattled crypto exchange, the company’s attorney during the court hearing said that the exchange is considering a relaunch in Q2.The FTX collapse remains the biggest and most controversial financial scandal within the crypto space although a number of top executives including its founder and former CEO Sam Bankman-Fried (SBF) are facing trial for their contribution in bringing down what was once the largest cryptocurrency exchange.The collapse sent shockwaves across the entire crypto industry and caused the collapse of several other crypto firms/projects including Celsius and Voyager Digital Ltd. Its relaunch would therefore probably offer some reprieve for its customers who have been waiting for almost half a year now to access their funds.Although the company’s attorney has indicated that the exchange could relaunch this year, it is not yet clear if the company will seek to rebrand or will relaunch as FTX. All eyes remain on the court proceedings after the positive news.The post FTX considering relaunching in Q2 after asset recovery appeared first on CoinJournal.

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Ethereum Classic price has made a bullish break-out as cryptocurrencies rally. It jumped after the latest American inflation data showed that prices were falling. Some investors believe that Ethereum investors will transition to Ethereum Classic after the Shapella upgrade. <a href="https://coinjournal.net/ethereum-classic/">Ethereum Classic</a> (ETC) price continued rising on Thursday as the recent cryptocurrency rally regained steam. The coin jumped to a high of $22.47, the highest level since March 18 of this year. The coin has jumped by more than 53% from the lowest level this year. Ethereum Shapella upgrade There are three main catalysts moving the ETC price this week. First, there is the ongoing Bitcoin price rally that we wrote about <a href="https://coinjournal.net/news/riot-blockchain-stock-receives-an-upgrade-as-golden-cross-nears/">here</a><strong>. </strong>This rally saw the coin jump above the important resistance level at $30,000 for the first time since June last year. It has now jumped by more than 80% this year, making it a better performer than Tesla, stocks, and gold. Cryptocurrencies like Ethereum Classic tends to have a close correlation with Bitcoin. Second, Ethereum Classic price reacted to the latest American consumer inflation data published on Wednesday. The data showed that the headline consumer price index (CPI) dropped to 5.0% in March, the lowest level since 2021. Core inflation also dropped on a month-on-mom basis. Therefore, there is a likelihood that the Federal Reserve will start pivoting soon. This pivot will involve pausing rate increases and leaving them unchanged for a while. Finally, Ethereum Classic reacted to Wednesday’s <a href="https://coinjournal.net/news/what-is-the-ethereum-shanghai-upgrade-when-is-it/">Shapella upgrade of Ethereum</a>. That upgrade activation made it possible for <a href="https://coinjournal.net/ethereum">Ethereum</a> stakers to be able to withdraw their tokens. Data by Staking Rewards shows that the volume of staked Ethereum stands at over $37 billion. The move was seen as being positive for Ethereum Classic because of its controversy and regulatory concerns. The Securities and Exchange Commission has hinted that it views all tokens with a staking element as securities. Therefore, analysts believe that many investors will now move to Ethereum Classic, which is the equivalent of the pre-merge Ethereum. However, in reality, it is unclear whether this transition will happen. Ethereum Classic price analysis <a href="https://media.igms.io/2023/03/13/1681387216824-91615869-87f3-4853-bad5-b2dd15450443.png">Media</a>The daily chart shows that the ETC price has been in a strong bullish trend in the past few weeks. And this week, the coin managed to move above the important resistance level at $21.35, where it struggled to move above earlier this month. The coin has also jumped above the 25-day and 50-day moving averages while oscillators have continued rising. Therefore, there is a likelihood that the coin will continue rising as buyers target the next key resistance level at $24.92, which is about 12% above the current level. How to buy Ethereum Classic eToroeToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.<a href="/visit/etoro-crypto?guid=MTM2ODI5&component=simple-table&language=en&country=US&state=VA&position=1&totalPositions=2">Buy ETC with eToro today</a> Disclaimer PublicPublic is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.<a href="/visit/public-crypto?guid=MTM2ODI5&component=simple-table&language=en&country=US&state=VA&position=2&totalPositions=2">Buy ETC with Public today</a> Disclaimer The post <a href="https://coinjournal.net/news/heres-why-ethereum-classic-etc-price-could-jump-by-at-least-12/">Here’s why Ethereum Classic (ETC) price could jump by at least 12%</a>…

Transactions on the blockchain are immutable, which means it is tough for them to be reversed. The immutability of transactions on the blockchain makes it hard to navigate the chargeback process in the cryptocurrency space.One company is tackling this issue. Chargebacks911 is working hard to modernise the chargebacks and dispute process in the cryptocurrency ecosystem. Coinjournal sat down with the founder, Monica Eaton, to discuss in-depth how the company uses its platform to tackle this problem. <strong>Question 1: What is the mission statement of Chargebacks911, and how is it working to achieve chargeback management in the crypto and web3 ecosystem?</strong><em>Chargebacks911’s mission is to modernise the dispute and chargeback process – to simplify complexities by bridging the gap between legacy infrastructures and post-transaction data exchange.  We provide an agnostic, data-driven solution that simplifies cumbersome workflows with intelligent, adaptive technology.</em><em>Chargebacks911’s platform supports merchants from any industry sector, all over the globe, including customers in 87 countries, powering many of the largest financial institutions. Our platform pioneered some of the first crypto enterprises, after launching our digital dispute resolution module in 2020.  Similar to other alternative payment methods that don’t have an innate dispute workflow, Chargebacks911’s configurable interface offers a turnkey alternative to crypto platforms and their merchants worldwide.</em><strong>Question 2: Are there various classifications of cryptocurrency scams i.e. those that target individuals, businesses, or other entities? Which one is the most prevalent, and which one is the most difficult to detect?</strong><em>Scammers love it when their fraud schemes involve crypto because crypto payments are notoriously difficult to track and recover.  Because this type of payment method is not regulated the same way as state currency, like the US dollar or the Euro, which also incorporates card payments that exchange in these currencies, such as Visa and Mastercard, there are vastly different protection rights and reporting policies.  As a result, crypto scammers can more easily exploit loopholes, such as sending messages to social media sites, trying to build false relations with LinkedIn users, Facebook users and more, hoping to push victims into bogus crypto investments.  While many crypto schemes target businesses, many more target individuals.  For example, in June of 2022, the FBI warned that cryptocurrency fraudsters pose a ‘significant threat’ to LinkedIn users.</em><em>Because crypto is confidential and secure, there’s a growing concern that cryptocurrency could be used for illegal activities.  After all, criminals covet anonymity.  And unfortunately, there’s a growing number of ransomware attacks that rely on crypto payments from victims.</em><em>Crypto is new, so there’s a lot of misinformation and false assumptions about how it works.  There’s a bit of a mystique about it.  Scammers take advantage of the confusion by suggesting crypto investments that really don’t make a lot of sense — but only if you perform your due diligence and learn the subject matter.  The onus is on you.  If you simply take the scammer’s word for it, you’re going to be in a lot of trouble.</em><strong>Question 3: How much did crypto investors lose to scam projects last year, and what are the ways they can protect themselves in the future?</strong><em>In 2022, investors lost an estimated $680 million to crypto fraud schemes.  And even though you’ll occasionally hear about a cutting-edge hacking attack, most scammers rely on ‘human engineering’ to exploit victims, which means they rely more on trickery than computer wizardry.  Think catfishing more than hacking.</em><em>To stay safe, don’t invest in something that you don’t understand and haven’t thoroughly researched — including crypto.  It’s a recipe for disaster.  There’s enough risk and uncertainty in traditional investments; putting your…

The hack was detected by blockchain security firm PeckShield.The hacker swapped the yUSDT to other stablecoins.The hacker has also transferred 1,000 Ether to Tornado Cash.Blockchain Security firm PeckShield recently detected an exploit on the lending platform Yearn Finance that resulted in an irregular minting of over 1 quadrillion Yearn Tether (yUSDT) using $10,000. The hack is the latest in the list of decentralized hacks that seem to be gaining momentum as the year ages.According to a tweet from PechShield, the hacker proceeded to swap the yUSDT to other cryptocurrencies including $11.6 million worth of stablecoins. The stablecoins include 1.79 million Binance USD (BUSD), 1.5 million TrueUSD (TUSD), 1.2 million Tether (USDT), 2.58 million USD Coin (USDC), 3 million in DAI, and 61,000 Pax Dollar (USDP).1,000 ETH transferred to Tornado CashPeckShield has also stated that the hacker has also managed to transfer 1,000 ETH worth about $2 million to the sanctioned crypto mixer Tornado Cash.Besides Yearn Finance, PeckShield also flagged Aave to inform them of the hack.The hacker exploited an outdated smart contractYearn Finance made a statement after initial checks and stated that the hack was limited to an outdated smart contract before the V1 and V2 called iearn. According to Yearn Finance, the current Yearn Finance contracts and protocols were not affected by the exploit.Aave, which was also flagged by PeckShield, confirmed they were aware of the exploit and that none of their versions (V1, V2, and V3) were affected by the hack.The price of yearn.finance (YFI) token dipped to about $8,945 immediately after the news about the hack broke but has since recovered to $9,094 at press time. The token was still about 2% below yesterday’s trading level although it is still over 7% higher over the last seven days.The post 1 quadrillion yUSDT minted in Yearn Finance exploit appeared first on CoinJournal.

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Key takeawaysTwitter has partnered with eToro to promote financial education on its platform. Twitter users can leverage the $Cashtag feature to instantly see real-time prices for a far wider range of stocks, crypto and other assets.The $Cashtag feature has already recorded more than 420 million searches since the start of the year. eToro partners with Twitter on financial educationeToro, the social trading and investing network, announced on Thursday, April 13th, that it has partnered with Twitter to boost financial education.According to the press release shared with Coinjournal, the partnership would allow Twitter users to instantly see real-time prices for a far wider range of stocks, crypto and other assets when using the new $Cashtags feature.eToro added that Twitter users searching using a $Cashtag symbol currently see live price charts for a select few financial assets. The team added that following the announcement of this partnership, the st of $Cashtags that produce live price charts will be hugely expanded.Twitter users would also be able to click through to the eToro platform to see more information on the asset and have the option to invest. eToro added that the partnership would cover $Cashtags representing a wide range of instruments on the eToro platform, from stocks and ETFs to crypto and commodities. While commenting on this latest cryptocurrency news, Yoni Assia, CEO and Co-Founder of eToro said;“Financial content on social media has provided education to many who have felt excluded by more traditional channels. Twitter has become a crucial part of the retail investing community – it’s where millions of ordinary investors go every day to access financial news, share knowledge and converse. As the social investing network, eToro was built on these very principles – community, knowledge-sharing and better access to financial markets. There is power in shared knowledge, and by transforming investing into a group endeavour, we can yield better results and become more successful, together.”Twitter’s $Cashtag feature has more than 400 million searchesThe social media giant added pricing data for $Cashtags in December last year, and the feature has already gained massive adoption. There have been more than 420 million searches for $Cashtags since the start of the year, with an average of  4.7 million $Cashtag searches a dayChris Riedy, Vice President, Global Sales & Marketing at Twitter, commented that; “Twitter is what’s happening and what people are talking about right now. We believe real change starts with conversion, and finance and investing are a growing part of that conversation. We are pleased to partner with eToro to provide Twitter users with additional market insights and greater access to investment capabilities. Twitter will continue to invest in growing the #FinTwitter community.”eToro is a social investment network that empowers people to grow their knowledge and wealth as part of a global community of investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way.eToro has been expanding in recent months. In August 2022, eToro completed the acquisition of fintech startup Gatsby following approval by The Financial Industry Regulatory Authority (FINRA). eToro acquired the fintech startup in a deal worth $50 million.The post eToro announces an educational partnership with Twitter appeared first on CoinJournal.

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ETH price rose to highs of $2,009 on Binance.Ethereum’s Shanghai/Shapella upgrade went live successfully on Wednesday,12 April, 2023.Crypto analyst Rekt Capital says Ether’s price movement is a “leading indicator” for altcoins and that coming weeks could be interesting.Ethereum price rallied past the $2,000 level on Thursday, rising to highs of $2,009 on crypto exchange Binance.The uptick for the ETH price above the key hurdle came after the world’s largest proof-of-stake blockchain network underwent a successful software upgrade.As CoinJournal highlighted earlier Thursday, ETH had looked to break above the psychological level following the Shanghai upgrade. After the upgrade went live and withdrawals of staked ETH enabled, bulls defied negative projections to break above a supply zone that has held since August 2022.ETH breaks $2,000 as analyst says altcoins could be interesting in coming weeksAccording to crypto analyst Rekt Capital, the top altcoin is a “leading indicator for smaller altcoins.” He suggests the breakout for Ethereum could trigger new momentum for some of the leading altcoins, probably highlighting the possibility of an alt season kicking off.“ETH is a Leading Indicator for smaller Altcoins. This is why the #ETH breakout may very well set the stage for an interesting period for other Altcoins in the coming weeks,” the highly respected crypto trader and analyst said.Rekt believes the Bitcoin bull market is just starting, but Ethereum’s price movement suggests current prices might be a great entry point for many alts.  “ETH at $2000. That’s one reason why it might be worth entering Altcoins early on in this #BTC Bull Market,” the analyst tweeted.$ETH at $2000That's one reason why it might be worth entering Altcoins early on in this #BTC Bull Market$BTC #Crypto #Bitcoin— Rekt Capital (@rektcapital) April 13, 2023Ether is currently trading around $1,998, roughly 4.8% up in the past 24 hours.The post ETH is a leading indicator for smaller altcoins, top analyst says appeared first on CoinJournal.

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The third stage of DigiToads presale is over 97% sold out.The current price of the TOADS token is $0.016.TOADS token is expected to list on Uniswap once the presale ends.The price of the TOADS token is rising with every DigiToads presale stage, which is quite a proposition for those looking forward to investing in the project before it lists on Uniswap.The presale stages are quickly selling out seeing that the third presale stage is now more than 97% complete. You can participate in the presale here.At the current rate, it is just a matter of time before it gets listed on Uniswap decentralized exchange whose native token UNI has been performing quite well this year. On that note, it is worth noting that there hasn’t been any major Uniswap exploit so far this year contrary to 2022 when we witnessed an $8 million Uniswap Phishing Attack.Is DigiToads (TOADS) a good investment?So many new ICOs are constantly making the rounds in the crypto market. This could make it challenging for investors to decide on a viable project to invest in, especially because of all the hype and FOMO surrounding the launch of new crypto projects. However, DigiToads (TOADS) is likely to bring a change to that.While disappointments have become a constant in crypto investment, DigiToads (TOADS) promises real goals and anticipation for its investors and users in its whitepaper. There is something for everyone. Within a few weeks of launching the first presale stage, DigiToads (TOADS) has successfully concluded three presale stages showing its rising popularity among crypto investors.The increased DigiToads (TOADS) hype since the beginning of the presale shows that people are generally excited about the project. Generally, investors are usually psyched up for ICO projects that offer actual utility to their users.What is TOADS?TOADS is the native cryptocurrency of the DigiToads platform. It is a meme coin created with the Ethereum blockchain. It is designed to function as a utility token within the DigiToads ecosystem besides giving holders an opportunity to trade it on secondary markets.The DigiToads platform, on the other hand, is a Web3 game that aims to create rewards for community members through trading contests hosted monthly. These trading contests will serve the double purpose of increasing the number of users and the daily trading volume within the DigiToads community.DigiToads (TOADS) prospects as Uniswap listing approachesUniSwap (UNI) is one of the most popular decentralized exchanges on the Ethereum blockchain. It eliminates the need for third-party interference in crypto transactions meaning transfers can be made from anywhere worldwide while maintaining anonymity and security for the sender and recipient.While Uniswap was a victim of a targeted $8 million Phishing Attack last year, the exchange remained strong even after the hack and the price of its native token has also remained steady. The DEX has proved its stability through the years, which is why most new crypto projects including DigiToads target Uniswap as their first native token listing.Listing on Uniswap offers exposure to quite a vast DeFi market offering tokens like DigiToads’ TOADS token great exposure within the DeFi industry.The post UniSwap (UNI) price steady as DigiToads (TOADS) price rises in 1, 2 & 3 presale stages appeared first on CoinJournal.

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Key Takeaways15% of the ETH supply had been locked until the Shanghai upgrade completed ThursdayThere was no extra selling pressure, however, with ETH leading the crypto market, up 4.6% todayETH has broken through the $2,000 barrier for the first time since May 2022Ethereum stakers woke up for the first time in a long, long time this morning with the ability to…sell their <a href="https://coinjournal.net/ethereum/">ETH</a>. The Shanghai upgrade has been completed, meaning all the staked Ether – some of which has been staked since 2020, when ETH was below $400 per token – is now available for sale. A common discourse in the run-up to the event was whether increased sell pressure would flood the market. I analysed this myself <a href="https://coinjournal.net/news/15-of-the-ethereum-supply-is-about-to-be-released-ethereum-shanghai-upgrade-imminent/">last month</a>, with the market long discussing what the unprecedented event would do. But around 16 hours in – the upgrade completed at 22:42 UTC time Thursday – ETH has provided an emphatic answer, not only resisting downward pressure, but leading the crypto market, up 4.6% since the upgrade.  Nothing spectacular, but on what amounts to a pretty flat day for the market across the board, a 4.6% jump since the upgrade is interesting. Of course, not all Ether was completely locked up. Liquid staking derivatives were widely available, allowing stakers to receive tokens in return for their staked ETH which could then be traded as proxies, providing them liquidity – with the promise that the derivative tokens could be redeemed 1:1 once the upgrade went live. This fact, in addition to the fact that the upgrade has long been priced in, ultimately combined to assuage any pressure on the price. How much Ether was in the staking contract?Nonetheless, having full liquidity again does make a difference, and there had been musings in the market as to what this could do for the price. As the upgrade went live, there was a chunky 18.2 million ETH locked up – priced in or not, that is a massive portion. Comparing to the overall supply, that means over 15% of the supply was locked up…and then suddenly available for direct sale. Particularly interesting is the hold period here. The earliest stakers locked up their ETH in late 2020, when ETH traded below $400. They then watched it rise close to $5,000 per token before collapsing down below $1,000. And all this while, it was locked. That is a rollercoaster ride with many highs and lows in between. Although, many argued that those early stakers were in it for the tech, less interested in the price. Then again, we are all humans at the end of the day, aren’t we?Ether breaks $2,000Not only has fear of sell pressure proved unfounded for now – although that could still change – but Ethereum breached the $2,000 mark for the first time since May 2022. That was the month that the crypto industry was hurled into the lurch, as LUNA death spiralled to zero, taking a massive chunk of the ecosystem with it. It’s probably not a reach to say that the Shanghai upgrade has come at a good time. Had the upgrade gone live last year, as panic and fear was extreme and prices were collapsing across the board, it could have been a different story.Can you imagine if 15% of the ETH supply suddenly went live one week after FTX collapsed?Instead, the upgrade came amid a buoyant period for crypto as a whole. Bitcoin is above $30,000 for the first time since last June, now up 83% on the year. Ether itself has banked inventors a 66% return year-to-date. Obviously, these gains come from decimated levels, and Ethereum remains quite a nasty 60% off its all-time high of November 2021, when it hit $4,891, just running out of steam before the $5,000 barrier. It may be a while before ETH gets back there – if it ever does, who is to say in the crypto market? – but whatever the price effects, the Shanghai upgrade is a vital step for the ecosystem as a whole. It had been delayed many times – originally meant to be part of the Merge, formerly…

Business success relies on correct decision-making. Whether it is a stock market indicator or the movement of a crypto token, accurate information is paramount for the success of any endeavor. Since 2017, AltSignals has been the trusted source of market signals for cryptocurrency investors.Now AltSignals is raising the bar by introducing both the ASI token and ActualizeAI: ASI is designed to raise liquidity for this new artificial intelligence platform that will take the already formidable AltSignals solution and enhance its accuracy exponentially. ActualizeAI – Bringing the Power of Artificial Intelligence to Altsignals<a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=external_investmentopportunity&utm_content=as_presale%20_1&utm_id=109">AltSignals</a> is preparing to elevate its already thriving enterprise to unprecedented levels by implementing a groundbreaking upgrade fueled by state-of-the-art technologies like artificial intelligence, machine learning, natural language processing (NLP), and advanced sentiment analysis.With these advanced technologies, traders will enjoy a completely automated and round-the-clock trading capability, resulting in increased accuracy, improved crypto token trade entries, better-defined risk management, and ultimately a bigger chance of business success.AltSignals’ mission is to revolutionize the trading industry by implementing machine learning technology across their own offering. Their proprietary AI algorithm will be meticulously trained to analyze market data to identify patterns in crypto tokens, giving traders a competitive edge at business success through enhanced signals and informed trades.The elegant linear regression model developed by AltSignals accurately predicts future crypto token prices based on their historical performance. Investors are invited to embark on this new frontier of trading technology and witness the unparalleled power of AI-driven decision-making.As AltSignals continue to maximize the potential of regression models, the system will migrate towards predictive modeling and incorporate advancements in natural language processing for even higher accuracy on crypto token predictions. Where most other systems become dated, ActualizeAI will only improve with age, becoming more accurate as it learns.What Is the ASI Token, and Is It a Good Investment Opportunity?The ASI token’s primary function is as a membership key to access the AltSignals AI Ecosystem and the AI Members Club. Only users possessing ASI tokens in their personal wallets are granted entry to this platform, with all the benefits it offers.Benefits such as those holding ASI Tokens will get access to enhanced trading opportunities while also assisting AltSignals in developing various specialized resources and insights for its AI Ecosystem. By using the opportunities within its presale, those investing in ASI Tokens will be among the earliest users to experience AltSignals’ proprietary AI Algorithm, “ActualizeAI,” and will get premium information on all available crypto tokens to make the right choices for business success.However, there is more utility to the ASI token than access to the AltSignals ecosystem. Token holders can also stake their tokens to earn additional tokens as a reward for providing liquidity to the system, benefitting not just from price increases but also generating passive income. As AltSignals aims to become fully decentralized, ASI token holders could one day have a say in the governance through voting rights. Any future AltSignals developments would be community-driven and implemented as per voting consensus.The Tokenomics Behind the ASI CoinThe  limited number of 500 million ASI tokens will be issued, with over half of those made available during its presale. Eighty million tokens will be dedicated to product development and innovation, another 80 million for marketing and listings on centralized exchanges, and 50 million tokens will provide liquidity in the aforementioned…