VORJ is Vechain’s ‘Web3-as-a-Service’ Platform.Vechain aims to build solutions that solve obstacles impeding the mass adoption of blockchain technology.At press time, the VET token was trading at $0.02636, up 4.13%.The price of Vechain (VET) has jumped by more than 4% hours after VeChain announced the launch Of VORJ, its ‘Web3-as-a-Service’ Platform — Blockchain Made Easy.Since its launch, Vechain has been focusing on building solutions that solve the obstacles that hinder the adoption of blockchain technology. VORJ is one of the important solutions that Vechain has launched.The VORJ platformThe VORJ platform almost entirely summarizes the blockchain development process thus opening up Web3 building to the masses without having to be a technical guru. It is a no-code Web3-as-a-service platform that allows anyone to create, deploy, and interact with smart contracts on the VeChainThor blockchain.Users will not need to understand solidity to start deploying digital assets on the VechainThor blockchain.VORJ combines familiar Web2 user experience with the ability to create Web digital assets in a few clicks. Users don’t need to even manage crypto assets to pay for the transaction fees. Fees on VORJ are taken care of by VORJ itself; which is quite a huge step in eliminating a key barrier to Web3 entry.EVM compatibilityVeChainThor blockchain is an Ethereum Virtual Machine (EVM) compatible blockchain making VORJ offer secure and battle-tested OpenZeppelin smart contracts, which is considered the industry standard.Furthermore, VORJ offers the creation of fungible ERC-20 contracts or non-fungible tokens (NFT) ERC-721 contracts on the VORJ frontend while the VORJ Application Programmable Interface (API) offers users a wider selection of token standards.In addition, VORJ seamlessly integrates with existing VechainThor projects.The post Vechain price rising after the launch Of VORJ appeared first on CoinJournal.

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Bitget’s strategic partnership with Core DAO targets projects on the Core network.The collaboration includes a $200 milion fund also backed by MEXC.Core recently integrated with blockchain messaging protocol LayerZero.Bitget, a leading crypto derivatives trading platform and Core DAO, the organization that’s developing the Satoshi Plus ecosystem, have announced a strategic partnership to support the development of decentralised applications (dApps) on Core network’s Layer-1 blockchain.Fund to support projects on Core networkAccording to a news release from Bitget, the collaboration with Core DAO involves an ecosystem fund worth $200 million. The fund is backed by other strategic partners, including global crypto exchange MEXC and will see early stage projects on Core receive support across product research and development, marketing, recruitment of talent and community-building programs.Bitget will also list Core projects and open a new Core Trading Zone on the derivatives platform and its integrated BitKeep wallet. The platform will also support CORE staking and become a validator on Core.Core DAO’s ecosystem fund will offer a grants strategy for projects where funds will be available when developers hit agreed-upon benchmarks. According to Bitget, the community will have to see tangible value before the projects get funding.News of Core DAO’s partnership with Bitget is a big boost for Core, whose mainnet launch happened recently and saw a CORE tokens airdrop benefit roughly 2 million users. The growth trajectory for Core DAO also includes key integrations with LayerZero, a cross-chain messaging protocol. The network is also collaborating with Switchboard, a permissionless Oracle protocol.In the market, Core (CORE) price rose after the news, trading to intraday highs of $1.70, while Bitget Token was down 1%. Meanwhile, the crypto market had climbed 2% to $1.34 trillion as Bitcoin bounced above $30k amid a price uptick for cryptocurrencies.The post Bitget and Core DAO launch $200 million ecosystem fund appeared first on CoinJournal.

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Cardano TVL increased 172% QoQ, from $50.8 million in Q4, 2022 to $138.3 million in Q1.Indigo and Djed stablecoins catalysed overall growth in Cardano’s TVL, with 72% and 27% volume spike respectively.ADA price also rose in Q1, rising by 54% amid a broader bull rally for cryptocurrencies.<a href="https://coinjournal.net/cardano/">Cardano</a>, currently the seventh-largest crypto network by market cap, had a significantly positive first three months of the year.Insights for the <a href="https://coinjournal.net/news/tag/cardano/">Cardano ecosystem</a> for Q1 that crypto market research platform Messari shared on Tuesday shows that the proof-of-stake blockchain network recorded significant increases in both financial and ecosystem metrics over the quarter.In particular, Messari says in its State of Cardano Q1 2023 <a href="https://messari.io/report/state-of-cardano-q1-2023">report</a> that the ADA network’s market cap and total value locked (TVL) in <a href="https://coinjournal.net/news/tag/defi/">DeFi</a> saw substantial bumps. The growth came as Cardano saw increased adoption for new stablecoins amid notable technical developments around network scalability and VM compatibility.Among the key developments was the deployment of multiple layer-2 solutions on the Cardano mainnet. Also notable was the increase in sidechains that continue to bolster cross-chain compatibility.It is notable however that Cardano saw decreases in new addresses (by 71.5%) and in average daily transactions (by 10.6%) QoQ. Daily NFT transactions on the network also fell in Q1, declining by 27% as daily unique buyers shrunk by 23%Cardano’s DeFi TVL grew 172% in Q1, 2023An ecosystem overview of Cardano shows DeFi TVL increased 172% quarter on quarter, jumping from $50.8 million in Q4 2022 to $138.3 million at the end of Q1, 2023. DeFiLlama data <a href="https://defillama.com/chains">shows</a> Cardano’s DeFi TVL has increased 39% in the past month to $171.28 million, with stables accounting for over $12 million.According to Messari, the increase in Q1 was primarily driven by broader growth across established ecosystem protocols like MinSwap, and greater adoption for newer protocols and stablecoins. This included TVL growth for ADA-backed stablecoin protocol Djed, synthetic assets and stablecoins issuer Indigo and Cardano-based borrowing and lending protocol Liqwid Finance.Stablecoin volume on Cardano grew 261% QoQ, faster than overall TVLAs noted above, <a href="https://coinjournal.net/news/tag/stablecoin/">stablecoin</a> volume on Cardano exploded in Q1 and grew at a faster rate than the network’s overall TVL. Although there are three stablecoins live on Cardano – Sharelake’s RUSD, Indigo’s IUSD and Djed’s DJED – the largest amount of volume was from just two.Indeed, Indigo’s IUSD and Djed’s DJED helped push overall stablecoin value in the Cardano ecosystem up by 261%, from $2.8 milllion in Q4 to $10 million at the end of Q1. This was as a result of IUSD volume growing 72% in the quarter, while DJED saw a 27% increase. RUSD’s volume dominance was less than 1%.Increased interest in the newer protocols saw the dominance of leading DEXs such as Minswap, SundaeSwap and WingRiders decrease over Q1, Sheehan noted in the report.ADA price rose 54% in Q1 amid growth in other financial metricsIn terms of price action, data shows Cardano’s native coin had its value up by 54% in Q1, with ADA price mirroring the broader market uptrend in Q1, 2023. As of 18 April 2023, Cardano price was at $0.44, up more than 30% in the past month and over 77% higher year-to-date.Meanwhile, Cardano’s treasury balance grew by 100 million ADA to 1.21 billion. Growth value in terms of ADA and USD was 9.1% and 66% QoQ respectively. The treasury balance in USD terms rose from $278 million to $460 million.The post <a href="https://coinjournal.net/news/cardanos-defi-tvl-rose-172-in-q1-amid-significant-ecosystem-growth-messari/">Cardano’s DeFi TVL rose 172% in Q1 amid significant ecosystem growth: Messari</a> appeared first on <a href="https…

The Ultima ecosystem is a comprehensive cryptocurrency infrastructure comprising various modern products and services.Besides offering a new cryptocurrency it will also offer other products including a decentralized exchange.It will also have a travel Club to allow users to book flights, hotels, cruises, and car rentals.With the rise of decentralized services, customers can now pay for goods and services with cryptocurrencies, which are not only more convenient but also more secure and reliable. <a href="https://ultimafarm.com/en/">Ultima </a>is a comprehensive cryptocurrency infrastructure that provides fast and reliable payment instruments that are tailored specifically for decentralized services.The Ultima ecosystem has a thriving community of 2,000,000 users from 120 countries worldwide. It is designed to cater to a broad range of users, with a special emphasis on users from developing countries who are often excluded from modern technologies and the benefits that come with them. Ultima aims to provide access to these technologies to help users improve their standard of living.Ultima ecosystem products and featuresUltima is preparing to launch a number of decentralized services and products that includes UltimEx Exchange, Ultima Store, Ultima Card, Ultima Travel Club, Charity Crowdfunding, StartUp Crowdfunding, and UltimaDeal.UltimEx Exchange is a cryptocurrency exchange with great liquidity, Ultima Store is a global marketplace for buying and selling goods and services, and Ultima Card is a crypto debit card that supports multiple cryptocurrencies and fiat currencies.The Ultima Travel Club is a travel service that allows users to book flights, hotels, cruises, car rentals, and other activities using Ultima tokens, with access to millions of discounted options worldwide.The Ultima tokenThe Ultima token is based on a flexible and easily scalable Smart Blockchain, providing the means for users to engage in all of the above services. Unlike many other cryptocurrencies, Ultima is designed as a payment tool that is specifically tailored for use in decentralized services of the Ultima ecosystem. This makes Ultima a reliable, secure, fast, and multifunctional cryptocurrency that is ideally suited to meet the needs of users in developing countries.Cryptocurrencies like the Ultima token provide people in developing countries with a secure, fast, and cost-effective means of engaging with the global economy. With traditional banking services often inaccessible to people in many parts of the world, cryptocurrencies offer a viable alternative that can be accessed using nothing more than a smartphone.The Ultima ecosystem is designed to make it easy for people in developing countries to access cryptocurrency and start using it to improve their well-being. It provides an opportunity to generate tokens through farming, a process by which users can mint new Ultima tokens and spend them paying for services and goods in various Ultima-based services.It’s easy to start farming directly on Ultima’s <a href="https://ultimafarm.com/en/">official website</a>. Just buy an Ultima Farming License and Ultima Farming Unit and start receiving newly generated Ultima tokens.This gives people in developing countries a way to improve their economic situation by participating in the cryptocurrency market, without requiring them to spend significant resources or has specialized knowledge.ConclusionIn conclusion, Ultima is a reliable, secure, fast, and multifunctional payment tool that can be easily accessed using just a smartphone. By enabling people from all over the world to easily use cryptocurrency, Ultima is helping to improve the lives of people in developing countries and creating new opportunities for economic growth and prosperity.The post <a href="https://coinjournal.net/news/ultima-ecosystem-fast-reliable-and-multifunctional-payment-instruments/">Ultima ecosystem – fast, reliable, and multifunctional payment instruments</a> appeared first on <a href="https://coinjournal.net">CoinJournal</a>.
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Zipmex says it filed for the court extension as it seeks to find a solution that suits its customers and an investor.The moratorium was put in place following Zipmex’s bankruptcy filing in July last year.The cryptocurrency exchange says it is negotiating with new investors even as it engages the current one.Zipmex, a cryptocurrency exchange that filed for bankruptcy amid last year’s crypto market contagion, has provided an update to its investment deal.Per an announcement published today, Zipmex says it is seeking an extension to the moratorium currently in place amid its bankruptcy proceedings. The exchange revealed that it had filed for a two-month extension from the Singapore bankruptcy court after an investor delayed payments agreed upon as part of the exchange’s restructuring.Zipmex Asia seeks 2-month moratorium extensionAfter missing the March tranche of payments and impacting Zipmex’s Z Wallet operations, the said investor asked for the investment agreement – the Scheme of Arrangement – to be modified. The investor reportedly also sought the crypto exchange to modify the investment amount.“As of today, the investor claims that the SSA has lapsed and that it is no longer bound to abide by the terms of the SSA. The investor has also demanded a return on its working capital loan,” Zipmex wrote.According to the update, Zipmex is now in talks with the investor as it looks to find a solution that would suit all parties. Knowing that the delay impacts customer withdrawals and the planned reopening of Z Wallet, the company has also begun negotiating with new investors.This is why the Zipmex team is looking to have the moratorium extended for two months to allow it to find the best possible solution for its customers.As CoinJournal reported, the Southeast Asia exchange halted withdrawals in July before filing for bankruptcy protection. At the time, Zipmex revealed $5 million and $48 million exposure to collapsed Celsius Network and Babel Finance respectively.The post Zipmex files for two-month extension to moratorium appeared first on CoinJournal.

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Are you a lover of slots? Then you are in luck! This Easter season, <a href="https://refpa9063395.top/L?tag=b_2242333m_3425c_EASTinvPR&site=2242333&ad=3425">1xBit</a> unleashes a new promotion for slot lovers only that will have you reeling in excitement, with a bunch of prizes waiting to be won. In this <a href="https://refpa9063395.top/L?tag=b_2242333m_3425c_EASTinvPR&site=2242333&ad=3425&r=promotions/easter-invaders-adventure">Easter Invaders’ Adventure</a> tournament, you are given a chance to be among the 25 lucky winners to share from the 600 mBTC + 165 FS prize pool.All you have to do to set yourself up as one of the winners is follow the steps below:Go to the 1xBit website Login to your accountSelect a currency account and fund itMove to the offer page for this tournament and select “take part”Once that is done, play slots from any provider and get pointsFor every point you earn from playing, you boost your level up the leaderboard. Your aim is to ensure you are among those on the 1st to 25th place to be eligible for a prize at the end of the tournament. The winner of the tournament will be winning as high as 120 mBTC + 60 FS. While the player sitting on the 24-25th place will be going home with 5 mBTC.The promotional period for <a href="https://refpa9063395.top/L?tag=b_2242333m_3425c_EASTinvPR&site=2242333&ad=3425&r=promotions/easter-invaders-adventure">this tournament</a> is set between April 13, 2023 – May 10, 2023. Get ready as this tournament is not one you want to miss out on.1xBit BenefitsNow let’s look at some of the benefits of betting at 1xBit.Over 5000+ Slots AvailableFor most slot lovers, variety is the spice and this one of the areas 1xBit excels at. At the moment, you can find over 5000 slots from your favorite software providers on 1xBit. With this vast range of options to pick from, it is safe to say you are spoiled with choices.Attractive TournamentsIf you are a fan of freebies, then 1xBit is one place you will find satisfying to bet at. The platform has made it commonplace to release frequent tournaments with impressive prize pools that users can explore for massive gains. What’s more impressive is the fact that you are most likely to find a new tournament like the one discussed above, once every two weeks.Over 40 Altcoins1xBit stands out as a crypto betting platform and it takes it a step further to reinforce its user proposition by making available over 40 altcoins for making payments. On the payment portal, you are most likely to find your favorite altcoins available, thus assuring you ease with making payments. What’s also more impressive is the fact that the betting platform also makes provision for newer additions of altcoins momentarily.Massive Welcome BonusIt is such a delight registering as a new user on 1xBit, considering the welcome bonus offer you will be eligible for. Upon registering a new account on 1xBit, you are given a chance to earn a 300% welcome bonus on your 1-4th deposits. <em>Promo code </em><em>125EGGX </em><em>will boost your first deposit bonus up!</em> This generous offer would come in handy in boosting your wagering and earning potential on the platform without breaking the bank.No KYCOne of the major perks of betting at 1xBit is that it gives you the opportunity to remain anonymous while betting because no KYC details are demanded when registering an account. This perk will be appreciated by those who want to keep a very low profile as they go about their betting activities on 1xBit.Fast PayoutsIf you have any experience with most regular betting platforms, you would know that longer withdrawal times are common. For most of these betting platforms, you are expected to wait 5 days or thereabout to get your payout. However, this is hardly the case with 1xBit since it harnesses crypto as a means of payment. At most, you are expected to get your payouts within hours.ConclusionGet ready to save Easter from the invaders and win loads of prizes!The post <a href="https://coinjournal.net/news/protect-the-farm-and-win-crypto-with…

<strong>London, UK, April 19th, 2023, Chainwire</strong>After selling out their $16.4m presale, <a href="https://metacade.co/en?utm_source=media&utm_medium=pr&utm_campaign=chainwire&utm_term=external&utm_content=bitmart">Metacade</a> is now set to list its token MCADE on the well-known centralised exchange <a href="https://www.bitmart.com/">BitMart</a>, which <a href="https://coinmarketcap.com/exchanges/bitmart/">boasts over 9 million users</a>.The listing is scheduled to take place on Friday, 20th April, 9 am UTC, at which point registered users of BitMart will be able to buy, sell & trade MCADE tokens.Metacade has seen strong momentum following numerous announcements and milestones. It sold out its huge $16.4m presale early, quickly followed by the 250m token 6-month staking pool selling out in under 5 hours. Furthermore, Metacade also announced a <a href="https://cointelegraph.com/press-releases/metacade-announces-partnership-with-metastudio-ahead-of-highly-anticipated-uniswap-listing">partnership with gaming company Metastudio</a>, leading to a significant buzz amongst GameFi investors.At the time of writing, the price of the Metacade (MCADE) token is $0.0173, with a diluted market cap of over $35m and an average daily trading volume of $500,000 since launch.Russell Bennet, CEO of Metacade, commented:“After listing on Uniswap, we saw sell orders being instantly filled on the buy side and minimal selling pressure, which in this climate is a sign that we have something truly special. This was reinforced by our staking pool selling out in 5 hours! With our upcoming exchange listings, I hope we will see the positive price appreciation that usually follows, and from there, the sky’s the limit!”Following the listing on BitMart, Metacade has confirmed another top-tier exchange, MEXC, will be listing Metacade in early May. More exchanges are expected to be announced in the coming months.Users can purchase Metacade tokens on Uniswap <a href="https://app.uniswap.org/#/tokens/ethereum/0xed328e9c1179a30ddc1e7595e036aed8760c22af">here</a>.<strong>About BitMart</strong>Founded in 2018, <a href="https://www.bitmart.com/">BitMart</a> is a centralised exchange that provides crypto asset trading and investment services to over 9 million users around the globe. The trading platform offers numerous features for its clients, including staking, lending, savings products, derivative contracts, and expanded spot trading options. For advanced crypto enthusiasts, BitMart provides futures trading and margin trading that allow them to use leverage.<strong>About Metacade</strong><a href="https://metacade.co/?utm_source=media&utm_medium=final_stage&utm_campaign=chainwire&utm_term=final_stagechainwire&utm_content=pr_final_stage">Metacade</a> is intended to be the premier destination for gaming in the metaverse. As Web3’s first community arcade that allows gamers to hang out, share gaming knowledge and play exclusive P2E games. The platform offers users multiple ways to generate income, build careers in Web3 and connect with the broader gaming community.The project has the stamp of approval from CertiK, the leading blockchain auditor, which aims to reassure investors that the project specifications and code are reviewed, and the Metacade team has passed KYC. This puts Metacade on the same level of confidence as other CertiK projects, including Aave, Polygon and Chiliz.Metacade’s one-stop shop potential as the next GameFi hub of choice for P2E gamers as well as a broad range of other use cases, is evidenced in the enthusiasm around the project and the success of the presale.<a href="https://metacade.co/en?utm_source=media&utm_medium=pr&utm_campaign=chainwire&utm_term=external&utm_content=bitmart">Website</a> | <a href="https://metacade.co/whitepaper/whitepaper.pdf">Whitepaper</a> | <a href="https://linktr.ee/metacade_">Socials</a>ContactCEO, Russell Bennett, Metacade, pr@metacade.coThe post <a href="https://coinjournal.net/news/metacade-to-list-on-cex-bitmart-opening-up-trading-to-9-million-users/">Metacade…

Central, Singapore, April 19th, 2023, ChainwireHeartX, an artwork marketplace and community platform, just announced that its app product starts the Close Beta Test today. It’s available now on both App Store and HeartX official website, but only people with the limited invitation code can register as community members and start earning by voting.The Close Beta of the HeartX app introduces people to their Vote-to-Earn system, which is the beginning of its X-to-Earn ecosystem that the HeartX team has planned. Those interested can acquire the invitation code by following HeartX on Twitter to participate in specific activities and taking part in events on Discord. Some events will also be held on influencers’ or collab partners’ Twitter accounts to give away the code. The earlier users are in, the more tokens they can earn.HeartX also announced that by the end of April, most of the smart contracts will be deployed on Layer 2 of Ethereum to reduce the cost of gas fees and bring users a better art trading experience. The NFT trading feature will not be opened during the Closed Beta test, and users are encouraged to keep the rewarding $HNX at this moment.According to the whitepaper, in the future users can consume $HNX in various scenarios such as Boost-to-Earn, Level up, and In-app applications purchases, etc.The team is continuing to develop the HeartX project and looks forward to sharing updates with the community. As HeartX continues to evolve its platform, it is revolutionizing the way people trade and invest in artwork, and redefining its value through community consensus.About Decent ArtsDecent Arts Singapore Pte. Ltd. is a Web3 professional team dedicated to art.It aims to connect the offline and online art worlds to broaden the boundaries of traditional art and establish a more inclusive, diverse, and decentralized Web3 art ecology.Decent Arts focuses on the physical and digital art market and have created an online art community for trading and communication. It has launched digital art collections and incubates a richer metaverse and Web3 products to allow more people to connect, understand, and finally fall in love with art.Through Web3 technology, we can determine the value of artworks in a more open and transparent way, while giving creators and collectors more opportunities to profit.The team currently has 30 members who are responsible for product planning, artist cooperation, technology development, platform operations, etc. Most of the members come from successful Internet companies in diverse fields including gaming, live broadcast, social networking, e-commerce, art, blockchain, digital collections, and more.Join HeartX community now and follow HeartX on Twitter for the latest updates.For more information: Website | Twitter | DiscordContactTeam HeartX, service@heartx.artThe post Artwork Marketplace and Community Platform HeartX Announces App Product Close Beta appeared first on CoinJournal.

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Ethereum regained the $2,000 levelThe market has rallied in 2023 after bouncing from support seen in the $1,200 areaDespite breaking the lower highs series, a pullback might be in the cardsThe bullish momentum in the cryptocurrency market that started in 2023 continued in the second quarter of the year. Ethereum is one of the main beneficiaries, as it recovered the $2,000 level. Ethereum’s price almost doubled from the 2022 lows. Then, back in the last days of 2022, Ethereum traded at $1,200, a level that proved to offer strong support. No one hoped for such a rapid rise, but in trading, especially in crypto trading, things can turn around quickly. Now that Ethereum trades above the $2,000 level, the big question is – what happens next? The close above $2,000 is significant from a bullish momentum perspective. However, if not sustained by further gains, we might see a pullback in the short to medium term. MediaEthereum chart by TradingViewWhy did cryptocurrencies rally? It has to do with the weaker US dollar performance over the same period. Sure enough, the dollar topped a bit earlier, in October of last year, whereas the cryptocurrencies continued declining and bottomed a couple of months later. But they did catch up with the dollar’s move. As a comparison, back in October 2022, the EUR/USD traded well below parity, around 0.96. However, it closed the year way higher, around 1.06. In the meantime, the EUR/USD rally faded, but it was the cryptocurrency market’s turn to rally. Therefore, one might say that the two are connected, and the key to the rally was the weak US dollar. Yesterday, Fed’s Bullard said that it favors more rate hikes. If that is the case, the dollar might strengthen in the short and medium term, meaning a lower EUR/USD. Following the same logic as above, cryptocurrencies might give up some of their 2023 gains. Therefore, Ethereum may give up the $2,000 level. If that is the case, buyers are expected in the $1,600 area. The post Ethereum price forecast after breaking above $2,000 appeared first on CoinJournal.

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Key takeawaysAndrew Griffith has estimated that the UK could roll out its crypto regulation within a year.He pointed out that the UK is working hard to become a crypto hub, promoting innovation while ensuring progressive regulation.Coinbase’s CEO recently revealed that the crypto exchange could relocate from the US due to regulatory uncertainties.UK’s crypto regulation could be out soonAndrew Griffith, the economic secretary to the U.K. Treasury, told CNBC in an interview earlier this week that the United Kingdom could roll out digital asset regulation within 12 months. According to Griffith, the UK wants to take advantage of the benefits that blockchain technology can bring to the private sector and the economy. The senior minister added that the long-term vision is to enable firms to make the most of the opportunities from crypto assets while ensuring sound regulation. He pointed out that the UK government is well-positioned to regulate the crypto ecosystem in a proportionate manner. The UK’s exit from the European Union allows it to look at crypto regulation independently of the broader Europe. He said;“I think over the next 12 or so months is the window. We’ve got this great asset in the U.K., we’ve got control back of a rule book — not something the U.K. has had for decades — so we’ve got the ability to move in an agile and proportionate way.”The senior minister added that the United Kingdom is currently in a growth mindset as seeks to maximise the economic efforts led by tech innovation in the private sector.Crypto regulatory framework to consist of new and existing rulesAccording to Griffith, the cryptocurrency regulatory framework would be a combination of existing financial asset laws and new crypto-specific rules. He stated that;“Wherever possible, we want to see the same asset regulated in the same way, but there are some additional opportunities in the crypto asset or distributed ledger space, and we want to take advantage of that.”He revealed that the regulation of stablecoins is included in the financial services bill, and it is coming even sooner than the broader crypto regulatory framework. When asked about the UK’s efforts regarding a central bank digital currency (CBDC), Griffith said it would take time before it is launched. He said“If you’re going to have a sovereign digital currency, you’ve got to have the highest level of resilience and infrastructure, so that’s not going to happen overnight.”This latest cryptocurrency news doesn’t come as a surprise, as the UK is one of the leading global financial hubs. Earlier this week, Coinbase’s CEO Brian Armstrong spoke at the Fintech Week in London, revealing that the crypto exchange could relocate from the United States due to regulatory uncertainties. The post UK could roll out crypto regulation within a year, says senior minister appeared first on CoinJournal.

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Bitcoin’s volatility is a massive problem, writes our head of research, Dan AshmoreThe volatility is the lowest since January, but that doesn’t provide much solace with regards to Bitcoin’s actual utilityFor Bitcoin to deliver on its potential, it needs to become <em>boring, </em>with volatility closer to gold’s famously steady return profileIt’s relatively calm in <a href="https://coinjournal.net/bitcoin/">Bitcoin</a> markets right now, but that won’t last long. And it’s a massive, problem. First, let us look at the short-term volatility, because I noticed over the last few days that is has come down a little. Plotting the 1-month volatility on an annualised basis, we are at the lowest mark since January, when this little Bitcoin surge was kicked off. OK, fine. But don’t confuse that with a steady market. The crypto markets remain highly capricious and capable of swinging back and forth and eye-watering speed. Volatility is still close to 50%, which in the context of any regular market, is truly insane. Perhaps plotting the daily returns of Bitcoin against that of Tesla shows this better. Tesla is just about the most extreme member of the S&P 500, its stock price more volatile than its CEO’s Twitter feed. Comparing your volatility to Tesla is like comparing your ability to run a football team to Todd Boehly (seriously, wtf). And yet, Bitcoin’s daily price changes not only match Tesla, but commonly exceed it. Indeed, if we plot Bitcoin’s volatility back over a longer time period, we see that these fallow periods do occur, but rarely last long. Bitcoin and volatility are like Frank Lampard and Chelsea, apparently – occasionally apart, but you know that before long, they will be back. And they are terrible for each other. Make no mistake about it, volatility is one of Bitcoin’s greatest drawbacks. It is difficult to imagine the asset ever achieving anything remotely close to a store-of-value status while it oscillates back and forth like it does. If the ultimate vision for Bitcoin is some sort of digital gold, it has a hell of a long way to go. Flipping the earlier comparison from Tesla to gold is more apt, and puts the chasm between the two assets up in lights:Obviously, this could all change in the future. I don’t have a crystal ball. Regarding Bitcoin’s ultimate vision, it simply has to, because as it currently stands, Bitcoin is not achieving anything. The arguments commonly point to the developing world. Bitcoin can offer a greater place to store one’s financial wealth, they argue. Again, this may prove true in time, but even a collapsing currency like the Argentinian peso is not as volatile as Bitcoin. A gradual decline such as the peso (and I am using gradual a bit liberally there, admittedly) is at least easier to plan for than Bitcoin, which can quite literally be 20% lower in the space of a couple of minutes. While Bitcoin is capable of these massive price moves, it isn’t in a place to help anyone. That argument is currently better served to stablecoins, pegged to fiat currencies like the US dollar, which can be equally accessible but don’t swing in price (at least, the prudently-designed ones don’t). Now, their flaws could fill a whole new article which I won’t get into here, but the point is this: Bitcoin is literally useless while its volatility is as high as it currently is. My friends often poke fun at me for chatting about gold, or doing analytical pieces on its price drivers. <em>Boomer</em>, they call me. And that’s fair – gold is boring as f**k, and watching its price chart is like watching paint dry. But that is kind of the point, isn’t it? Gold is a store of value, and therefore it should not be printing gains and losses that get Robinhood investors all hyped up. Otherwise, it wouldn’t be doing its job. Bitcoin is the same. It needs to take a leaf out of gold’s book and become <em>boring. </em>Until that happens, there is no point to this mythical asset beyond wild speculation. The post <a href="https://coinjournal.net/news/opinion-volatility-lowest-since…

Ethereum price dropped violently on Wednesday as cryptocurrencies pulled back.Bullish liquidations jumped to the highest point since March 9.Ethereum (ETH) price nosedived suddenly as more investors liquidated their positions. The coin pulled back to a low of $1,976, the lowest level since Monday this week. It has dropped by more than 8% from the highest point this week.ETH bullish liquidations riseEthereum joined other cryptocurrencies in a major sell-off on Monday. Bitcoin moved below $30,000 for the second time this week. In the same period, popular coins like Arbitrum, Space ID, Kaspa, and Verasity also pulled back. It is not clear why Ethereum and other cryptocurrencies crashed on Wednesday. A likely reason is that the number of bullish liquidations jumped to the highest level in months. According to CoinGlass, the amount of bullish liquidations jumped to over $41.1 million. In contrast, shorts liquidations were over $1.2 millionThese numbers were significantly higher than on Wednesday when bulls liquidations were just $9.6 million. Shorts liquidations were $16 million.MediaIn most periods, cryptocurrencies jump when short-sellers start liquidating their coins and vice versa. For example, Ethereum price soared on April 14 when shorts liquidations jumped to more than $62.8 million.Ethereum’s decline also coincided with outflows from several centralized exchanges. Binance has had over $18 million of outflows in the past 24 hours. Similarly, Bitfinex, Huobi, and Bybit lost over $20 million each.Meanwhile, Ethereum price also reacted to the latest questioning of Gary Gensler on Tuesday. In congressional testimony, he repeatedly refused to answer whether he believes that Ethereum is now a financial security.In a previous interview, Gensler said that he believes that Ethereum and other proof-of-stake coins are securities. His main concern is the opaqueness of staking, which he believes should be regulated to protect customers. On Monday, the SEC identified five coins, including Algorand, that it believes are securities.Ethereum price predictionMediaThe daily chart shows that the ETH price has been bullish in the past few months. It jumped to a high of $2,120, the highest point in months. A closer look shows that it formed a dark cloud cover pattern, which explains why it has dropped sharply. It also dropped below the first resistance of the Woodie pivot point.Ethereum remains above the 50-day and 25-day moving averages. Therefore, there is a likelihood that the coin will have a bullish breakout in the coming weeks a buyers target the second resistance at $2,200.How to buy EthereumeToroeToro 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 Ethereum price prediction as longs liquidations jump appeared first on CoinJournal.

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Ethereum is well-regarded as a crypto stalwart across the industry and ultimately remains the leading provider of blockchain network services for a host of decentralized apps (dApps), DeFi, and GameFi platforms. Ethereum news is buzzing with the platform’s now completed Shanghai update hot on the heels of “The Merge,” with analysts pondering over what the Shanghai split will do to the Ethereum price prediction in 2023.While Ethereum news dominates the wires, Metacade’s recent partnership with MetaStudio and successful coin listing on Uniswap has quietly built on the momentum gained during the platform’s incredible presale event. Analysts are now waking up to the potential of Metacade, with many asking which is the better investment option this year, MCADE or ETH?What is the Shanghai Split?Shanghai is an upgrade which successfully activated on Wednesday, 12th April, and allows investors who have staked their ETH holding on the network to start withdrawing funds for the first time.The main feature of Shanghai is to complete Ethereum’s transition from the unwieldy, expensive, and environmentally unsound proof-of-work (PoW) consensus mechanism to the cheaper, more flexible, and ecologically friendly proof-of-stake (PoS) mechanism to approve transactions. This switch allows Ethereum to move away from needing energy-intensive blockchain miners and the associated computer hardware, reopening the broader debate around the environmental impact of P.O.W cryptos.Ethereum (ETH) Price Prediction 2023The impact of the Shanghai split on the price of Ethereum remains unknown; however, analysts and investors have voiced their concerns over the potential implications in Ethereum news articles. In addition, many investors are apprehensive that the ability to withdraw staked ETH could deleteriously impact price predictions this year.While current Ethereum price predictions in May  remain bullish, ( ETH is anticipated to rise above the $2,500 barrier by year’s end), markets and investors are nevertheless braced for price predictions to be revised downwards as a consequence of the possible release of unstaked ETH onto the exchanges.What is Metacade?<a href="https://metacade.co/en?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal&utm_content=36">Metacade</a> is a brand-new GameFi platform with lofty ambitions to build the world’s most extensive online gaming arcade. Metacade’s primary goal is to provide its community access to the broadest possible gameplay experience to maximize its total addressable market (TAM).The platform will revolve around a thriving community built by gamers, developers, and crypto fans as a hub for like-minded individuals to hang out and collaborate to push Metacade to greater heights and help push innovation in the wider Web3 gaming sector. While gamers can earn income through the platform’s outstanding play-to-earn (P2E) mechanics, this is just one string of a comprehensive rewards system that outstrips other GameFi titles.For instance, users are incentivized to contribute to community building by gaining rewards each time they post social content in the form of alpha, game reviews, and contributions to forums and online chats. In addition, Metacade has a token staking scheme where users can gain passive income while investing in the platform’s future.These features provide Metacade with exceptional levels of utility built into the MCADE coin. Alongside that, the platform’s transition to becoming a fully decentralized autonomous organization (DAO) will build governance into the token.One essential part of this devolution of power to the community members is the pioneering Metagrants scheme, through which developers can apply for crypto grants to support the creation of exclusive new games for Metacade. Voting rights are rewarded to MCADE coin holders, who can vote for their favorite ideas. The concepts with the most votes can receive a grant from the platform’s central treasury, thus helping the platform evolve.Metacade (MCADE) Price Prediction…

FET price dipped 8% to support near $0.38Today’s sell pressure comes after FET/USD broke higher after a pennant pattern.Fetch.ai is a leading artificial intelligence related crypto project.Fetch.ai price has retraced to support near $0.38 amid a broader crypto market dip that has Bitcoin again below $30k and Ethereum under $2k.According to data from CoinGecko, the price of FET was down more than 8% in the past 24 hours on Wednesday morning, with the technical picture suggesting possible breakdown to a recent support zone.This could be the case if bears take advantage of current weakness to force prices lower.FET price prediction: bulls need to hold onto gainsFetch.ai is an artificial intelligence-powered blockchain platform that seeks to enable full decentralisation of peer-to-peer transactions. The platform has announced new crypto trading products for DeFi users as the ecosystem embraces the benefits of artificial intelligence in trading.The price of Fetch.ai has been one of the altcoins to profit from the sentiment around the AI in crypto narrative in 2023.As can be seen in the Fetch.ai price chart below, FET/USD recently formed a bullish pennant – a technical indicator that usually suggests continuation on the upside.MediaFetch.ai price prediction daily chart. Source: TradingViewBut this outlook could be jeopardised if prices dip further, with primary support then expected near $0.34.FET also has the daily RSI flipping downwards from near the oversold territory, while the MACD remains above the signal line but is suggesting weakness. If bears take charge, the recent consolidation zone between $0.25 and $0.29 will offer a crucial buffer should market weakness continue.On the upside, if more buy FET pressure materialises, a flip to the February highs of $0.60 could be possible in the coming days. The immediate outlook suggests the area around $0.40 should offer the main resistance before a +60% breakout to the aforementioned target.The post FET price slips as bears threaten bullish outlook appeared first on CoinJournal.

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Space and Time and Microsoft want to make it easy for Azure customers to integrate blockchain data into business processes.The one-click deployment will help enterprises bridge blockchain, data assets and AI, the two companies said in a press release.Microsoft invested in Space and Time’s $20 million investment round last September.Web3 data warehouse Space and Time and tech giant Microsoft are collaborating to make it easy for developers to access blockchain data on the Microsoft Azure Marketplace.The companies said in a press release on Wednesday that developers can now access Space and Time’s one-click deployment directly from the Azure marketplace, with projects leveraging the technology to access, manage and perform analytics on their blockchain-native data easily and securely.With this integration, businesses can effortless leverage decentralised data warehouse technology without having to rearchitect existing infrastructure. In this way, enterprises can create use cases on the blockchain without losing their compute power or security.As CoinJournal reported, Microsoft recently launched its Azure Blockchain Tokens platform to help businesses easily create their own blockchain tokens.Access to verifiable data should be easy and secureMaking the one-click deployment possible on the Azure Marketplace offers developers the opportunity to accelerate the onboarding of enterprise data to the blockchain, the two companies announced.This will include large volumes of smart contracts and indexed blockchain data, with enterprises able to bridge data assets, the blockchain and AI. “The need for verifiable data across blockchains, enterprises and AI has never been more important. We provide enterprises with the ability to integrate blockchain data into their applications and business processes, which is critical for both customer growth and enabling responsible data stewards,” Nate Holiday, the CEO & co-founder of Space and Time, commented.Space and Time’s latest collaboration with Microsoft follows the computing and AI behemoth’s investment in the data warehouse platform in September 2022. The $20 million investment round Space and Time secured was led by M12, Microsoft’s venture capital fund.The post Space and Time partners Microsoft to bring real-time blockchain data to Azure appeared first on CoinJournal.

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Key takeawaysThe Venom testnet is set to go live next week, allowing developers to developers to test and debug dApps and blockchain protocols.The testnet is expected to boost innovation and promote community building with the Venom ecosystem. The Venom Foundation recently partnered with Hub71 and DAO Maker.Venom’s testnet to launch next weekThe Venom Foundation, the development team behind the Venom blockchain, announced on Tuesday, April 18th, that its testnet is set to go live next week. The team pointed out that it is looking forward to providing users and developers with the opportunity to fully experience its Blockchain.The Venom testnet is designed with ecosystem users and developers in mind. The testnet would allow developers to test and debug dApps and blockchain protocols while providing users with an immersive experience of these applications. The team added that the testnet would lead to innovation and promote community building within its ecosystem. To take advantage of the testnet, Venom users would be required to carry out two simple steps before being able to explore a variety of dApps built on Venom.Users will need to install the Venom wallet as a Google Chrome extension or via the app on Google PlayStore. The second step requires users to claim testnet VENOM tokens, allowing them to start their journey within the Venom ecosystem. The Venom testnet will feature various dAppsAccording to the Venom team, the upcoming testnet will feature various decentralised applications (dApps). Some of the dApps are native to the Venom ecosystem, such as Venom Scan, while a few are external projects. The team has put in place various social and on-chain tasks to provide users with an experience of what the Venom blockchain dApps will offer. This is done to ensure that users are able to fully engage with the Venom blockchain in various ways. Venom offers developers the opportunity to build projects on the asynchronous Venom blockchain. By building dApps on this blockchain, developers get to enjoy ultra-fast speed at 100k TPS, and a dynamic sharding feature that enhances scalability and network reliability. The Venom Foundation concluded that they are excited about the launch of the testnet and the numerous dApps and features that would come with it. The Venom Foundation has been in the news for all the right things in recent months. In February, the foundation partnered with DAO Maker to incubate promising Web3 startups focused on delivering real-world use cases.During the same period, the Venom Foundation teamed up with Hub71, Abu Dhabi’s global tech ecosystem, to allow startups to gain access to enterprise-grade solutions and simplify blockchain adoption for businesses.The post Venom’s testnet to go live next week, ushering in a robust dApp ecosystem appeared first on CoinJournal.

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Thomas Peterffy owns bitcoin for an unusual reason.He says crypto activity at IBKR has been very slow.BTC is trading well below the $30,000 level today.Interactive Brokers – a financial services company that enables 24/7 trading of bitcoin reported weaker-than-expected earnings for its first financial quarter this week.Chairman Peterffy’s view on BTCOn Wednesday, discussing the earnings report with CNBC’s Andrew Ross Sorkin, the firm’s chairman said he owned bitcoin albeit for an unusual reason.As far as I’m concerned, it’s worth nothing. But I own some even though I believe it’s worth nothing because other people believe that it’s worth something.Thomas Peterffy also revealed that he did not have a view on where the bitcoin price may be headed from here.The world’s largest cryptocurrency is trading well under the $30,000 level today perhaps as investors moved to capitalise on its massive run to the upside in recent months.Crypto trading has been slow at IBKRInteractive Brokers recorded a 21% annualised increase in customer accounts in its recently concluded quarter to 2.20 million.Revealing how crypto contributed to the platform’s financial performance in Q1, Chairman Thomas Peterffy said on CNBC’s “Squawk Box”:Crypto activity on our platform is very slow. We don’t custody crypto – that may be a reason. But generally, crypto trading is much reduced from where it used to be a year or two ago.He doesn’t have a bullish view on the equities market either and said the S&P 500 should be trading about 20% lower than where it is now.The post Interactive Brokers’ chairman on bitcoin: ‘it’s worth nothing but I own some’ appeared first on CoinJournal.

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Thomas Peterffy owns bitcoin for an unusual reason.He says crypto activity at IBKR has been very slow.BTC is trading well below the $30,000 level today.Interactive Brokers – a financial services company that enables 24/7 trading of bitcoin reported weaker-than-expected earnings for its first financial quarter this week.Chairman Peterffy’s view on BTCOn Wednesday, discussing the earnings report with CNBC’s Andrew Ross Sorkin, the firm’s chairman said he owned bitcoin albeit for an unusual reason.As far as I’m concerned, it’s worth nothing. But I own some even though I believe it’s worth nothing because other people believe that it’s worth something.Thomas Peterffy also revealed that he did not have a view on where the bitcoin price may be headed from here.The world’s largest cryptocurrency is trading well under the $30,000 level today perhaps as investors moved to capitalise on its massive run to the upside in recent months.Crypto trading has been slow at IBKRInteractive Brokers recorded a 21% annualised increase in customer accounts in its recently concluded quarter to 2.20 million.Revealing how crypto contributed to the platform’s financial performance in Q1, Chairman Thomas Peterffy said on CNBC’s “Squawk Box”:Crypto activity on our platform is very slow. We don’t custody crypto – that may be a reason. But generally, crypto trading is much reduced from where it used to be a year or two ago.He doesn’t have a bullish view on the equities market either and said the S&P 500 should be trading about 20% lower than where it is now.The post Interactive Brokers’ chairman on bitcoin: ‘it’s worth nothing but I own some’ appeared first on CoinJournal.

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Corite is a Web3 engagement platform designed to help artists raise funds.Corite has raised over $1 million for its artists through Fan Campaigns so far.It currently has over 100,000 users.Corite, the Swedish music-tech startup, will host a sale of NFTs that let fans get a share of British rapper Central Cee’s hits. The seller is top producer Young Chencs and the sale will include hits such as 6-For-6 and Little Bit of This.The sale will be done using NFTs, and a presale will be offered for the most loyal and active fans on April 26. Through exclusive “Missions,” Fans will be able to earn Fan Power and exchange the accumulated Fan Power for access to the presale. What is Corite?Corite is a Web3 fan engagement platform that allows artists, both new and established, to raise funds for their music releases solely through the help of their fans. Corite assists artists with promotion, community building, and music distribution without taking their IP rights or the lion’s share of their revenue. The project is well-known for its collaborations with world-renowned DJ Alan Walker, Beyoncé and Usher producer Rico Love, and Disney star Emery Kelly. Corite’s CO Blockchain platformCorite’s CO Blockchain platform already has over 100,000 users. Absolutely any artist can fill out the application on Corite’s website and get a chance to get initial funding and marketing support from Corite, as well as help with further Mission creation.A Mission is a task that an artist or Corite wants to reward for its value or its creativity. It could be making sure that more people hear a new song, designing an artist’s logo, or making a TikTok dance. The sky’s the limit, and it will vary from artist to artist and from time to time.That’s what Young Chencs, the creative force behind the Central Cee tracks in the collection, and Emelie Olsson, a female entrepreneur, Forbes 30 under 30 honoree, and COO and co-founder of Corite, said about this mutual initiative. Young Chencs says:“Giving the listeners an opportunity to put their money into music is a game-changing thing for me. It can be hard to make a living as an artist, so this is a great opportunity for artists and producers.” The post Corite to host British rapper Central Cee’s hits NFTs sale appeared first on CoinJournal.

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Early 2023 has seen a long-term trend reversal in the crypto markets, as Bitcoin has started to reclaim previous price levels, and many altcoins have reached new highs. The Polkadot price prediction remains bullish over the coming years, while AltSignals (ASI), a new crypto asset launched during this period, has been attracting significant investment already.Early-stage crypto ASI is now expected to outperform PolkadotDespite being a new crypto asset within Web3, <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_priceprediction&utm_content=as_presale%20_1&utm_id=152">AltSignals</a> has already begun attracting significant investment levels. The ASI token presale has raised $112kin just 1 day since the event started, a strong signal of intent from the new platform.In contrast, the Polkadot price prediction looks ready for a reversal after significant upward momentum at the beginning of 2023. The DOT token almost doubled in value between January and March and has since corrected.While Polkadot remains a top 20 cryptocurrency by market cap, AltSignals is just launching its crypto token. New crypto assets often produce massive investment returns, and AltSignals’ unique blockchain offering could make it next in line for 100x gains.What is Polkadot?Polkadot (DOT) is an <a href="https://www.makeuseof.com/what-is-blockchain-interoperability-and-how-it-works/">interoperable blockchain network</a> and innovative layer-0 protocol. Polkadot unleashes the potential of blockchains to reach a far broader scale than has been possible in the past, as interoperability limitations have been a key barrier to blockchain scalability.Polkadot helps its users easily exchange data and value between independent blockchain networks, giving anyone access to cutting-edge blockchain technology without participating in risky bridging processes.Polkadot price prediction: Could DOT reach $100 in 2025?The DOT token reached its previous all-time high during the 2021 bull market, climbing to a $54 valuation. The current Polkadot price prediction highlights critical resistance areas at $15 and $30 on the way back to an all-time high.The Polkadot price prediction forecasts the potential for 10x gains from DOT in the coming years, but it may struggle to make significant improvements on its previous high. By 2025, experts suggest that the Polkadot price prediction is a maximum of $86.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_presale%20_1&utm_id=152">AltSignals</a> has supported 50,000+ crypto traders with profitable trading signals since its launch in 2017. The project utilizes algorithmic indicators to deliver signals with an unmatched level of accuracy, making it an industry-leading platform for crypto trading tools.The proprietary indicator released by AltSignals, AltAlgo™, helped those who matched its trades to 10x their portfolio in 19 separate months. It boasts an impressive accuracy rate of over 70%, making it one of the most successful trading indicators in Web3.AltSignals is expanding its blockchain offering by releasing a new crypto asset, ASI. ASI provides access to a new-and-improved trading toolkit powered by an artificial intelligence called ActualizeAI.ActualizeAI will leverage natural language processing (NLP) and predictive modeling to augment AltSignals’ trading tools with machine learning capabilities. By unleashing <a href="https://www.bbvaopenmind.com/en/technology/artificial-intelligence/blockchain-and-ai-a-perfect-match/">the full power of artificial intelligence</a> on crypto market data, ActualizeAI is expected to give traders of all skill levels an edge while trading.How does ASI work?The new crypto asset being released by AltSignals, ASI, provides direct access to ActualizeAI – the artificial intelligence trading stack currently being developed by AltSignals.The platform’s native token also provides entry…

With AltSignals’ ASI presale gaining traction, many investors are excited about its potential to offer them substantial crypto gains in 2023 – in more ways than one. In this article, you’ll find out why AltSignals has garnered so much hype in recent weeks and how its ASI token could change the game for investors and traders across the globe.AltSignals: Generating Crypto Gains Since 2017Created in 2017, <a href="https://token.altsignals.io/?utm_source=media&utm_medium=artc&utm_campaign=coinjournal&utm_term=internal_investmentopportunity&utm_content=as_presale%20_1&utm_id=157">AltSignals</a> has grown to become one of the market’s leaders for trading signals, boasting over 50,000 subscribers to its free signals and 1,400+ members in its VIP group. While there are many signal providers out there, AltSignals has set itself apart from the crowd by focusing on producing high-quality, accurate trading signals in the crypto, forex, and stock markets with its AltAlgo™ algorithm.AltSignals has used this market-beating system alongside a team of veteran traders to generate over 1,500 signals for traders across the globe. In January 2023, it achieved a 94% win rate across 17 trades as part of its Binance Spot signals program, returning 175% in a single month. The month previous, it produced 384%. These results, while extraordinary, are a regular occurrence for AltSignals. AltSignals’ stellar performance is backed up by its <a href="https://uk.trustpilot.com/review/altsignals.io">TrustPilot</a> page, which features almost 500 positive reviews and an average 4.9/5 star rating. However, a recent announcement by AltSignals has investors excited about the prospect of making even more crypto gains: the ActualizeAI layer and the ASI token.What Is the ASI Token?The ASI token will be the backbone of AltSignals’ ActualizeAI ecosystem. ActualizeAI will introduce a unique AI stack to the <a href="https://www.altsignals.io/indicator">AltAlgo™</a> indicator, enabling it to level up through machine learning, natural language processing, reinforcement learning, and more. This will, in theory, increase the number and accuracy of the platform’s signals, providing even more opportunities for traders to make some sweet crypto gains. The ASI token itself is necessary to gain exclusive access to the ActualizeAI algorithm. By holding over 50,000 ASI tokens, investors will be granted lifetime membership to the algorithm’s signals. Investors holding less than 50,000 tokens will be provided with a 1-year membership. But owning ASI doesn’t just offer access to premium trading signals: it opens up an ecosystem of opportunity for traders and investors. For example, holders will be the first to know about the very best presale opportunities – either projects that have partnered with AltSignals, or bubbling presales highlighted by the algorithm’s sentiment analysis feature. Moreover, traders can boost their crypto gains through regularly held trading tournaments for the chance to win significant prizes!One standout feature that has investors excited is the AI Members Club. Here, members will be able to earn ASI as a reward for contributing feedback and testing the latest updates made to the ActualizeAI algorithm. These tokens can then be accumulated to boost their membership level and open up more advanced ecosystem features, held, or sold for some crypto gains. Lastly, the ASI token will be used as the platform’s governance token, allowing the future of AltSignals and ActualizeAI to be determined by the traders actually using the service. ASI holders will be able to vote on and propose changes made to the platform, giving them a chance to direct the project and maximize their utility. What Could ASI Be Worth by the End of 2023?With a proven track record and a well-thought-out plan to supercharge its platform, many analysts are expecting good things from AltSignals in 2023. The ASI token will finish presale at $0.02274 per token, but predictions have been made for it to reach as high as $0.35 by the end of 2023 –…