TronWeekly

Crypto World News

You are here: Home / Archives for Ethereum

Ethereum

Digital Asset Investments Hit $2.2B Weekly Inflows, Setting $33.5B YTD Record

by

  • Digital asset inflows hit $2.2B last week, driving total yearly investments to a record $33.5B amid growing market interest.
  • Bitcoin led with $1.48B inflows, but profit-taking saw $866M outflows as prices neared all-time highs midweek.
  • Regional trends show U.S. dominance in inflows, while Ethereum and Solana gain traction with $646M and $24M respectively.

CoinShares has revealed that Digital asset investment products saw inflows of $2.2 billion in the previous week, taking the total inflows since the interest rate cuts in September to $11.7 billion. Cumulative investment in cryptocurrencies in the year has totalled $33.5bn, an all time high, signifying that digital assets are gaining credibility as an asset class. The total AuM hit $138 billion in the beginning of the week mainly buoyed by Bitcoin that was touching new record highs.

As per a recent report, investor interest returned at the start of the week when the country recorded inflows of $3 billion. Nonetheless, as Bitcoin’s price approached its peak, $866 million left exchanges in the second half of the week. The report attribute this to the fact that investors were taking profits as they responded to the market’s strong advance.

Digital Asset Investments

Such increase in activity was driven by factors such as the easy money environment, and positive sentiment due to Republican’s recent wins in the US elections. These macroeconomic changes paved the way to support the digital asset investments.

Regional results provided a more ambiguous picture of consumers’ attitudes. The biggest source of capital came from the United States with $2.2 billion while Hong Kong, Australia, and Canada offered $27 million, $18 million and $13 million respectively. On the other hand, the inflows into Swedish and German economies were $58 and $6.8 million respectively, although some investors booked their gains.

AD 4nXdsvPUb64uCVPPink wuBO8uq71Ok7usaZFL7SI8bU30Dp40qwwyZr0WqtHi4u1eKXjdu5tC8Z1gPR 3q7JzSyV3GgtBCU5v7BbijHMGD0VAwMul5jcKZD5NqeFm9FWTnND5LjQpA?key=7mpu H3GnnngEjL cWADHHCz

Source: Image by CoinShares

Bitcoin led with $1.48 billion in inflows, although its surge to new highs also saw $49m go into short Bitcoin products. Some of the investors are therefore cautious, especially to avoid losing their investment in the case of a downward trend in the cryptocurrency’s price.

Ethereum and Solana Gains

Ethereum also had a good recovery with $646 million of inflows which constituted to 5% of its total AUM. This recovery has been informed by the planned upgrade of the Beam Chain network and positive sentiments after the U.S elections. Solana remained attractive for investors and raised $24M of capital as more and more people became interested in the ecosystem.

AD 4nXegpYfPW4kiR9 HuQu9QbNjjx k0 XbDnMYZYZUiFPCVwIjc JcFtQyPXNNnDBJ6LFmohULc6c6Uy5 ZCoTw5mm yAY5mlPPQXKm3 AzHuqHEWf8ldnKv35D3vL9Wed3 SWw138vg?key=7mpu H3GnnngEjL cWADHHCz

Source: Image by CoinShares

These trends show the shift in the digital asset market: The strength in inflows is coupled with diverging regional trends and price-related outflows showing that investor sentiment can be nuanced. 

The line between the optimism and caution will determine the future direction of the digital assets as they become more popular. The record inflows show that the investments in digital assets are increasingly becoming more popular in the world even with the volatility.

Shiba Inu (SHIB) Rally Attracts Major Whale as Prices Surge By 60%

by

  • SHIB surged 60% in a week, reaching $0.00002803 with a $5.69B volume, drawing retail and institutional interest.
  • SHIB whale resurfaces, moving 100B tokens to Gemini as prices rise, signaling potential profit-taking.
  • Whale’s portfolio spans beyond SHIB, including Ethereum and Chainlink, showing a strategic, diversified approach.

Shiba Inu (SHIB), the second-largest meme coin by market cap, has rallied this week. The broader cryptocurrency market rally paved the way for Dogecoin and pushed SHIB up by more than 60%. Shiba Inu is currently at $0.00002803, with a 24-hour trading volume of $5.69 billion. Within the past day, the price of SHIB has grown by 11.40%. These numbers represent a strong position for coins within the meme coin market thus attracting retail and institutional investors.

AD 4nXcBItz4y DlL7Rowk6lEew04DhzL1qgLO63oGC2bTKGK1P t4JvsGSA j1Tg2hgzaEbdQkIr3XUX59FQuNrYZhJE YXljxhUt8ZXqqc967Fz6BZI5Ne

Source: TradingView

With the price of SHIB on the rise, so has the transactional value made by the so-called “whales,” or large holders of the token. Analytical platform Spot On Chain shared in its recent X post that a whale with the address “0xd6b” has become active again after eight months of inactivity. An early SHIB investor once made $120 million from SHIB with a 415% profit. 

Shiba Inu Whale Profit-Taking

This whale has come back on the scene at the same time as the price increase, which could suggest the beginning of some profit taking. An hour ago, the whale moved 100 billion Shiba Inu worth $2.81m to the Gemini exchange. This move may indicate it that the investor is trying to take advantage of the rally.

Even after this huge transaction, the whale still owns a large quantity of tokens. The portfolio of the investor contains 2.5 trillion SHIB valued at about $73 million. The transaction occurred in two parts: The first transfer was of 99.999 billion SHIB and the second was of 1 million SHIB. Both amounts were transferred to the Gemini exchange. The transactions indicate that large investors are still taking profits as SHIB’s price rises.

Whale’s Diversified Portfolio

Whale’s investments are limited to Shiba Inu, and the portfolio is quite diverse. These consist of 2,971 Ethereum (ETH) which are worth $9.897 million. Other assets include 1,011,142 OriginTrail (TRAC) tokens, valued at $742,117, 44,281 Chainlink (LINK) tokens, valued at $650,484 and 567,408 Loopring (LRC) tokens, valued at $85,039. This diversified portfolio indicates the whale’s approach goes beyond the meme coins and into other potential cryptocurrencies.

The time of the transactions demonstrates that the token has been charting towards an all-time high, and the strategic actions of early investors. During the current crypto rally, it seems that early holders are taking profits. This has been a major boost for meme coins especially Shiba Inu and whale activity in the recent past. 

While the market is still in the process of development, the focus is to be made on large investors. Their actions would most definitely shape the price and volatility of memecoin especially due to increasing retail and institutional demand. This period may well set the tone for the next phase of SHIB and other meme coins as the markets try to work out the longer-term potential for this asset class.

Best Crypto Presale to Buy In November 2024:  Seize the Opportunity to Access 100x Growth Potential Coins

by

In the volatile crypto market, savvy investors constantly seek the Best Crypto Presale to Buy Now to maximise their potential returns. However, crypto’s volatility brings both high-risk and high-reward potential, challenging investors to weigh its opportunities carefully. As technology evolves, cryptocurrency stands at the forefront of financial innovation, prompting ongoing debate about its future role in the global economy. As exciting developments shape the crypto landscape, innovative platforms like Qubetics capture the spotlight. With its focus on security and cross-chain functionality, Qubetics is emerging as a top presale investment for those looking to capitalise on early-stage growth.

1.  Qubetics ($TICS) – Pioneering Security and Interoperability

Qubetics is setting itself apart in the blockchain world with a powerful commitment to security and cross-chain functionality. With EVM compatibility it benefits from Ethereum’s security protocols, incorporating advanced measures like Byzantine Fault Tolerant (BFT) State Machine Replication (SMR) to guard against various vulnerabilities. This augmented security approach strengthens Qubetics’ resilience, establishing trust in the platform and positioning it as a solid investment in the Best Crypto Presale to Buy Now category.

2
Best Crypto Presale to Buy In November 2024:  Seize the Opportunity to Access 100x Growth Potential Coins 7

Qubetics is currently in Presale Phase 7, with each $TICS token priced at $0.0193. This project has already garnered significant investor interest with over $1.6 million raised and more than 1400 holders. Early adopters stand to benefit from a 10% price increase in the next phase, with the post-presale price set to reach $0.25—offering a return on investment (ROI) of 1193.58%. This presale is a timely opportunity for those exploring the Best Crypto Presale to Buy Now.

$300 Investment Example: A $300 investment at the current token price would secure approximately 15,523.03 $TICS tokens. If the $TICS token price eventually reaches $10, that investment could skyrocket to $155,230.33. If the price were to climb to $15, the same $300 investment could yield an astounding $232,845.50, illustrating the immense potential of Qubetics for long-term investors.

2.  Bitcoin (BTC) – Rising Dominance in the Crypto Market

The original cryptocurrency remains at the forefront of the digital asset market. Its increasing dominance is reflected in the recent decline of the ETH-to-BTC market cap ratio to 24.52%, its lowest point since April 2021. This shift underscores Bitcoin’s growing appeal, particularly among institutional investors who view it as a store of value and hedge against inflation.

In addition to Bitcoin’s adoption as a financial asset, the growing interest in Bitcoin ETFs has contributed to its prominence, capturing a greater share of capital flows. Bitcoin’s resilience and increasing acceptance reinforce its role as the go-to digital asset for long-term investors.

3.  Ethereum (ETH) – The Foundation of Decentralized Applications

Ethereum, the pioneer of decentralised applications (dApps) and smart contracts, has long been the foundation of the DeFi and NFT spaces. However, Ethereum’s market share has declined as Bitcoin’s dominance rises. This shift reflects changes in capital flows and the maturation of the broader crypto market. Despite the dip in the ETH-to-BTC ratio, Ethereum remains an integral part of the ecosystem, with countless dApps and projects relying on its infrastructure. Ethereum’s potential for scalability improvements and Layer 2 solutions, like Ethereum’s rollups, could further boost its growth prospects. Its commitment to development and innovation ensures that Ethereum remains a crucial part of any crypto portfolio.

4.  Sui (SUI) – Innovation in the Layer 1 Blockchain Space

Sui is a newer entry in the Layer 1 blockchain landscape, focusing on delivering high-performance, scalable solutions for decentralised applications. Known for its unique architecture and advanced consensus mechanism, Sui aims to provide a fast, secure, and efficient platform for developers and users. Sui’s focus on scalability makes it well-suited for DeFi and gaming applications requiring high transaction throughput and minimal latency. Although Sui is not a presale token, its innovative technology and growing community support signal promising growth potential, especially as the demand for high-speed blockchain solutions continues to rise.

3
Best Crypto Presale to Buy In November 2024:  Seize the Opportunity to Access 100x Growth Potential Coins 8

What Crypto Has the Most Potential?

Crypto market is witnessing a dynamic shift favouring Bitcoin’s rising dominance. With the latest insights, Bitcoin, Ethereum, Sui and Qubetics stand out as the top crypto projects to buy in the current climate. However, as institutional interest in Bitcoin grows, opportunities remain for innovative projects like Qubetics. Qubetics’ focus on augmented security, powered by Ethereum’s security protocols and Byzantine Fault Tolerant (BFT) mechanisms, sets it apart in the blockchain space.

As the presale progresses, Qubetics offers early investors a unique opportunity to participate in a groundbreaking project poised for substantial growth. For those seeking the Best Crypto Presale to Buy Now, Qubetics is worth considering, as it has a promising ROI and advanced security features that instil confidence. Don’t miss out—join the Qubetics presale today and position yourself at the forefront of blockchain innovation and interconnected technology.

4
Best Crypto Presale to Buy In November 2024:  Seize the Opportunity to Access 100x Growth Potential Coins 9

For More Information:

Qubetics: https://qubetics.com

Telegram: https://t.me/qubetics

Twitter: https://x.com/qubetics

Tether CEO Explains 2 Billion USDT Minting on Ethereum, Details Chain Swap

by

  • Tether, thе world’s lаrgеst stаblеcoin, is consolidаting its liquidity on thе Ethеrеum nеtwork.
  • Thе compаny is rеtiring tokеns from low-аctivity blockchаins аnd swаpping thеm to Ethеrеum.
  • This movе аims to optimizе USDT’s аvаilаbility аnd strеаmlinе mаnаgеmеnt for usеrs.

Tether, thе world’s lаrgеst stаblеcoin issuеr, is mаking strаtеgic movеs to optimizе thе distribution of its USDT tokеns аcross vаrious blockchаin еcosystеms. This follows rеcеnt on-chаin dаtа from Whаlе Alеrt, which spаrkеd confusion rеgаrding а 2 billion USDT minting on thе Ethеrеum nеtwork.

Pаolo Ardoino, Tether’s CEO, clаrifiеd on X thаt thе notificаtion of this minting wаs dеlаyеd, аnd this trаnsаction wаs pаrt of а lаrgеr consolidаtion еffort involving а chаin swаp with а prominеnt еxchаngе. This swаp еntаils thе trаnsfеr of а portion of Tether’s rеsеrvеs from sеvеrаl lеssеr-usеd blockchаins to Ethеrеum, thе dominаnt plаtform for USDT аctivity.

Thе consolidаtion strаtеgy involvеs rеtiring USDT tokеns currеntly hеld on blockchаins likе TRON (TRC20), Avаlаnchе (AVAX), NEAR, CELO, аnd EOS. Thеsе tokеns will bе convеrtеd into thеir Ethеrеum-bаsеd countеrpаrts through sizаblе wаllеt trаnsfеrs. This movе strеаmlinеs USDT mаnаgеmеnt by concеntrаting liquidity on а singlе, high-аctivity nеtwork.

Chain Swapping for Enhanced User Experience

Thе lаrgе-scаlе chаin swаp signifiеs Tether’s commitmеnt to mаking it rеаdily аvаilаblе on thе blockchаin whеrе dеmаnd is strongеst – currеntly, Ethеrеum. This procеss involvеs convеrting tokеns hеld in cold wаllеts аcross vаrious blockchаins into thеir Ethеrеum еquivаlеnts.

For usеrs, chаin swаps providе flеxibility аnd аccеss to diffеrеnt blockchаin еcosystеms. Thеy cаn sеаmlеssly movе thеir USDT holdings bеtwееn nеtworks likе Tron аnd Ethеrеum, unlocking thе functionаlitiеs offеrеd by еаch plаtform. Importаntly, thе totаl supply of tokеns rеmаins unchаngеd during this procеss. Howеvеr, thе distribution аcross blockchаins will bе rеbаlаncеd to rеflеct usеr prеfеrеncе for thе Ethеrеum-bаsеd vеrsion.

Tether’s аnnouncеmеnt dеtаils thе spеcifics of thе upcoming swаp nvolving 1 billion tokеns from TRC20 on thе Tron blockchаin, 600 million from Avаlаnchе, 300 million from NEAR, 75 million from CELO, аnd 60 million from EOS.

This tаrgеtеd аpproаch optimizеs thе tokеn’s liquidity аcross diffеrеnt еcosystеms, еnsuring usеrs hаvе еаsy аccеss to thе stаblеcoin whеrе thеy nееd it most. Tether routinеly pеrforms such swаps to еnhаncе usаbility whilе mаintаining а consistеnt totаl supply.

USDT’s Dominance in Stablecoin Market

Dеspitе thе consolidаtion аnd subsеquеnt rеduction in ovеrаll supply from 120.7 billion to 120.4 billion, it rеmаins thе dominаnt sourcе of liquidity in thе stаblеcoin mаrkеt. On аvеrаgе, аround 85% of thе totаl USDT supply аctivеly pаrticipаtеs in trаding аt аny givеn timе.

Thе rеcеnt surgе in Bitcoin (BTC) pricе furthеr highlightеd USDT’s importаncе. Dаily trаding volumе еxcееdеd $160 billion, rеprеsеnting а stаggеring 132% of its circulаting supply. This dwаrfs thе pеrformаncе of compеtitor USDC, whosе volumе pеаkеd аt 47% of its mаrkеt cаp, аlthough it sаw growth on chаins likе Bаsе. Dеspitе such аdvаncеmеnts, USDC hаsn’t dеthronеd USDT аs thе go-to stаblеcoin аcross аll usе cаsеs.

Thе robust pеrformаncе of stаblеcoins in 2024, coinciding with thе Bitcoin bull mаrkеt, hаs dеmonstrаbly bеnеfitеd issuеrs likе Tether. With its continuеd ovеrcollаtеrаlizаtion аnd strаtеgic mаnаgеmеnt, Tether rеmаins а cеntrаl pillаr in thе еvеr-еvolving cryptocurrеncy еcosystеm.

Related Readings |  DOGE Surges Over 110%, Eyeing $0.22 and Beyond 

Ethereum’s DeFi Reign Challenged: Solana & USDC Rise

by

While Ethereum is the most preferred blockchain for DeFi protocols, emerging challenges like Solana and USDC are reshaping the landscape. Analysts dissect the quality of liquidity pools across different blockchain networks.

The crypto community is abuzz with Solana’s impressive volume that has flipped all EVM chains, a closer look reveals a different story. The analysis exposes a major flaw – it’s spread across less liquid pools. When considering volume alongside TVL, the expert suggests that Solana falls behind Ethereum and even struggles against other EVM chains.

Delving deeper, the expert, questions if Solana’s volume surge is a mirage. His analysis focuses on “blue chip” DeFi pools, mirroring the criteria for traditional stock indexes. Established history, high liquidity, and sustained volume are the key factors.

Another strong contender might be Circle’s USDC whose growing role in the crypto domain has been likened to the “petrodollar pact” of 1974, where US dollars became the default currency for oil trade. The expert suggests that USDC could achieve similar dominance in DeFi, potentially surpassing Tether’s USDT.

Interestingly, USDC appears more frequently in top-tier pools compared to USDT.

BlackRock’s Entry Into Ethereum: Base DeFi’s Dark Horse

Despite all that, Ethereum remains the undisputed king. The expert stated that half of the top 20 “New Goodness” ranked pools reside on the ETH blockchain, a testament to its high TVL and sustained volumes. This might shed light on Blackrock’s recent strategic move into the Ethereum ecosystem.

Ethereum
Ethereum's DeFi Reign Challenged: Solana & USDC Rise 11

Another surprising takeaway is Base, a relatively new network. While they only have 5 pools, Eth’s Aerodrome dominates in all the pools except one, showcasing their strong presence on the network. However, Base boasts the highest volume pool overall.

Ethereum remains the king of DeFi, but Base poses a potential threat with its high-volume pool. On the other hand, Solana’s volume surge originates from less liquid pools, raising questions about its long-term viability. The future of DeFi appears to be a battleground between established players and rising stars vying for dominance through robust liquidity pools.

Ethereum’s Australian Invasion: ETF Launch Sparks Excitement

by

  • Australia’s first spot Ethereum ETF is launching on Cboe Australia.
  • Monochrome Asset Management hopes to stand out with in-kind subscriptions and redemptions.
  • The ETF tracks the CME CF Ether-Dollar Reference Rate and has a 0.50% management fee.

Australia gears up to welcome its first-ever spot Ethereum exchange-traded fund [ETF]. Monochrome’s ETF will track the CME CF Ether-Dollar Reference Rate – Asia Pacific Variant, ensuring that its price closely reflects the performance of Ethereum. As per sources, the ETF will carry a management fee of 0.50%, making it a cost-effective investment option for investors.

The launch of this crypto fund comes at a time when the Australian crypto market is experiencing significant growth. As more investors become interested in digital assets, the demand for regulated and accessible investment products has risen. Monochrome’s ETF is expected to meet this demand and provide a boost to the Australian crypto market.

The ETF’s launch also underscores the growing maturity of the Australian regulatory landscape for digital assets. The Australian Securities and Investments Commission (ASIC) has undertaken steps to foster a more conducive environment for crypto-related products, and the launch of this ETF is a positive sign for the future of the industry.

Ethereum Eyes $2500: Not Another Fakeout

Meanwhile, ETH is showing signs of life as it approaches a crucial resistance level of $2,500. If the crypto asset can break above this level and hold it, a significant price pump could be on the horizon. Traders are cautiously optimistic, hoping that this time the breakout will lead to sustained gains and not just another fakeout.

Ethereum
Source: AMCrypto

As the first spot Ethereum ETF in Australia, Monochrome’s product is expected to attract significant interest from both retail and institutional investors. The ETF’s innovative features and competitive pricing make it a compelling investment option for those looking to gain exposure to Ethereum.

Overall, the launch of Monochrome’s Ethereum ETF marks a major milestone for the Australian crypto market. This could be a game-changer for ETH and the broader crypto market. It provides investors with a regulated and accessible way to invest in Ethereum, while also demonstrating the growing maturity of the Australian regulatory landscape for digital assets. As the ETF begins trading, it will be interesting to see how it performs and whether it can set a precedent for future crypto-related products in Australia.

Ethereum’s Price Surge: But is Liquidity the Achilles’ Heel

by

Ethereum, the largest altcoin, is currently navigating a complex landscape. A recent study on its spot market has uncovered a concerning trend, declining liquidity on both Coinbase and Binance. This highlights a growing reluctance among buyers to commit to large orders.

While both exchanges have seen a drop in overall liquidity, there’s a notable distinction in the behavior of bid sizes. On Coinbase, bid size has remained comparatively stable. In contrast, Binance has registered a rapid decline in bid size, indicating a growing reluctance among buyers to commit to large orders.

Ethereum
Ethereum's Price Surge: But is Liquidity the Achilles' Heel 14

While ETH price started a fresh upward move reaching $2500, market observers are wary of the liquidity changes. In response to these concerns, a leading analyst emphasized the importance of using a long-term perspective. Short-term fluctuations in book depth can be misleading. To draw more accurate conclusions, he urged investors to monitor trends over a longer period. A rolling median calculation helps smooth out these short-term anomalies, providing a clearer picture of the market’s liquidity dynamics.

Investor Interest In Ethereum Waning?

Beyond liquidity concerns, a significant decrease in Ethereum’s daily trading volume has raised eyebrows among analysts. According to CryptoQuant, this decline could signal either an accumulation phase or an impending market correction.

Despite the bearish sentiments, a substantial portion of Ethereum holders are currently in a profitable position. Data from IntoTheBlock reveals that 61% of holders are experiencing profits, a stark contrast to the bear market lows of 46%. This resilience suggests that many investors remain confident in Ethereum’s long-term value, even in the face of short-term volatility.

Overall, the Ethereum market is currently facing a complex interplay of factors. While liquidity concerns on major exchanges and a potential decline in investor interest raise questions about the short-term outlook, the growing number of profitable holders underscores the underlying strength of the Ethereum ecosystem. As the market continues to evolve, it will be crucial to keep a close eye on these trends to anticipate future developments.

Crypto Market Updates: Bitcoin, Worldcoin, And Ethereum In Focus

by

The cryptocurrency market has seen some major developments as recently highlighted by crypto analyst Matthew Dixon in a post on X. On September 11, various developments occurred in the cryptocurrency world including Bitcoin and Ethereum developments, and regulatory actions. These are the trends that are defining the future of the crypto market as it progressing further.

Lark Davis, a popular face in the world of cryptocurrencies, recently shared his opinion that the current bull market may reach its highest in 2025. This is in line with the view that the market is on its way to a new high but investors should exercise carefulness since there are always periods of growth and retrace.

The number of Bitcoin nodes with IP addresses in Germany has been on the rise with three of the eight top spots owned by the country. This shows Germany’s growing involvement in the Bitcoin network across the world.

Crypto Regulatory Shift

On the regulatory side, the U.S. Federal Reserve said it will slow down the pace of rising capital standards for major banks to half the previous rate. This could mean that we will witness a change in the way that financial institutions approach cryptocurrencies in the future. 

However, the Singaporean police have recently opened an investigation into Worldcoin, which has resulted in the apprehension of five people. This is because there has been increasing focus on some of these projects specifically those relating to identity and token distribution.

The Ethereum Foundation has recently hired two new employees to work on its protocol support. This is the first step of hiring in this specific field and shows Ethereum’s continuity of efforts to enlarge and enhance its ecosystem.

Moreover, the United States Securities and Exchange Commission has made statements regarding the risks of investing in Bitcoin and Ethereum ETFs, stating that Bitcoin and Ethereum are extremely volatile and are considered very risky assets. This has a protective effect for the investors who are interested in ETFs based on these major cryptocurrencies.

Kraken and Australian Court Ruling

Another important decision has been made by the Australian Court: Kraken’s fiat deposits are regulated by the Companies Act. This ruling helps the exchange to follow the existing laws on the crypto deposits on Kraken making it operate within the set frameworks. Kraken has no limitation on the crypto deposit services and continues to expand its services as seen above, creating more chance for the firm’s growth.

These updates depict the changes that are constantly taking place in the digital asset market. Despite the growing attention from the regulators and the development of new technologies, the crypto industry remains a promising and highly risky sphere for investors and other stakeholders.

Analyst: Invest in This Ethereum Presale Altcoin for an Early Retirement and 1,600% Returns

by

Pursuing wealth creation and financial security, mainly for retirement, is a universal quest. Investing is often seen as the path to achieving these goals. However, many investment options can make choosing the right one difficult.

Recently, cryptos have captured investor attention with their potential for high returns. An Ethereum presale altcoin, RCO Finance (RCOF), currently in presale, is turning heads. One prominent analyst urges investing in this specific altcoin, stressing its potential for 1,600% returns in the coming altcoin season.

Why RCO Finance Has Become the Center of Attention

RCO Finance has caught the analyst’s attention, standing out as more than an Ethereum presale altcoin. Native to the platform, RCOF enables tokenization of real-world and traditional assets, providing a seamless way to trade these assets and earn extra income.

RCO Finance shines with its unique blend of artificial intelligence and decentralized finance (DeFi), making trading a breeze. This innovative approach sets it apart in the DeFi market, attracting experienced investors and beginners curious to explore its potential.

RCO Finance is a full AI/ML-based platform providing an advanced AI-powered robo-advisor. This tool offers traders invaluable insights based on thorough market analysis, helping them make informed trading decisions in the unpredictable crypto market.

RCO Finance distinguishes itself from other projects by merging AI with an intuitive interface. The robo-advisor uses ML to evaluate each user’s financial objectives, risk appetite, and investment preferences, crafting personalized investment portfolios that adjust in real-time to market dynamics.

This proactive approach means users can optimize their investments with minimal manual effort. It is an attractive proposition for novice and experienced traders aiming to boost returns without dedicating excessive time to asset management.

RCOF’s Decentralized Approach

RCO Finance offers an advanced robo-advisor and access to a diverse range of over 12,500 asset classes, including more than 120,000 digital assets. This wide selection enables users to craft diversified portfolios across various sectors, from cryptocurrencies to commodities.

The platform also facilitates seamless asset swaps without needing fiat conversion, enhancing usability for modern investors. Investors can earn through staking, yield farming, and DeFi lending.

Security and transparency are crucial in the RCO Finance ecosystem. The platform uses smart contracts to automate transactions, ensuring secure and efficient trading without third-party involvement.

This approach cuts costs and boosts efficiency. RCO Finance has strengthened its security with thorough audits from SolidProof to evaluate contract robustness and identify vulnerabilities.

RCO Finance follows a no-KYC policy, showing its commitment to decentralization and user privacy. This lets traders use the platform without risking their personal information, a major benefit in today’s data-sensitive world.

Why RCOF Stands Out Among Competitors

What sets RCO Finance apart is its integration of DeFi protocols. It offers investment opportunities like liquidity pools, yield farming, and high APY staking, all managed by a robo-advisor. These options allow for potentially higher returns and diversified risk management strategies.

RCO Finance lets traders boost gains with over 1000x leverage on certain trades. RCOF offers risk-management tools like hedging and stop-loss orders integrated into automated systems. The platform’s global debit card allows easy access to profits worldwide.

RCOF’s tokenomics add to its appeal, with the native utility tokens offering benefits like discounted trading fees, frequent airdrops, and governance rights. Early investors can also enjoy bonuses during the presale, setting the stage for future gains.

The Math Behind the 1600% ROI

RCO Finance is currently in its presale stage, presenting an interesting opportunity for early investors. The presale is organized in stages, with the current price at $0.0344. As it progresses, the price is anticipated to climb to between $0.4 and $0.6, potentially offering a return on investment (ROI) exceeding 1,600%.

While other presale ventures like MoonBag and WienerAI draw attention, their expected returns are more modest. MoonBag’s presale anticipates a 900% ROI—impressive, but not matching RCO Finance’s figures. This difference makes this Ethereum presale altcoin appealing to those seeking significant gains.

For more information about the RCO Finance (RCOF) Presale:

Visit RCO Finance Presale

Join The RCO Finance Community

Crypto Wallets Accumulate 133,300 BTC In One Month, And 500 Million Of This Ethereum Token In A Few Weeks

by

Bitcoin’s (BTC) price action has remained tepid for a while as the flagship crypto has continued to swing below and above $60,000. This hasn’t deterred specific crypto wallets, which have continued to accumulate as much BTC as they can. The Ethereum token ETFSwap (ETFS) has also witnessed impressive demand, with over 500 million tokens during its ongoing presale. 

Bitcoin Whales And Sharks Are Buying The Dip

The onchain analytics platform Santiment revealed in an X (formerly Twitter) post that Bitcoin whales and sharks are buying the dip. These Bitcoin holders refer to crypto wallets holding between 10 and 10,000 BTC. According to Santiment, these Bitcoin investors have collectively accumulated 133,300 BTC over the past month. 

The onchain analytics platform noted that these Bitcoin investors look undeterred by BTC’s price action. At the same time, smaller traders continue to be impatient and are willing to offload their Bitcoin (BTC) to these whales and sharks. The wave of accumulation from these crypto wallets could be profitable as Bitcoin (BTC) is still expected to rise higher in this bull run. 

500 Million ETFSwap (ETFS) Tokens Sold In Ongoing Presale

Over 500 million ETFSwap (ETFS) tokens have been sold in its ongoing presale as investors look to benefit from the Ethereum token’s projected price rally of 50,000%. Interestingly, small traders who have offloaded their Bitcoin (BTC) tokens are also buying the ETFS token as they see an opportunity to enjoy greater returns through the Ethereum token. 

Analysts are confident that ETFSwap (ETFS) will reach such heights, seeing the efforts the team has put in place and the outstanding utility that the ETFSwap ecosystem provides. The team, certified by SolidProof, has collaborated with MiCa-compliant regulated investment banks to ensure they have the required permits to offer securities and crypto trading. 

Indeed, ETFSwap (ETFS) is set to become the first decentralized finance (DeFi) platform to offer securities and crypto trading in one place. Investors will be able to invest in, and trade tokenized exchange-traded funds (ETFs) on the trading platform while also gaining exposure to their favorite crypto assets.  

The trading platform is changing the narrative using its native ETFSwap (ETFS) token. Investors can simply swap the Ethereum token for ETFs or other crypto tokens. The Ethereum token also acts as a bridge between the traditional finance (TradFi) and DeFi worlds, as investors will be able to swap their ETFs for crypto tokens and vice versa. 

Furthermore, the Ethereum token provides access to the other exciting offerings in the ETFSwap ecosystem. For instance, traders can hold perpetual contracts for these ETFs and use up to 50x leverage on these assets, allowing them to maximize their gains further. They can also put their ETFs to work by staking them and enjoying mouth-watering yields. 

There are several other ways in which investors can make extra gains on the ETFSwap platform. Investors can also stake the ETFS token and enjoy up to 85% annual percentage yield (APY) on the Ethereum token. Token holders can provide liquidity and earn up to 30% of the fees made on token swaps. It is also worth mentioning that holders of the Ethereum token get first dibs on specific investment opportunities, including ETFSwap’s ETF, which is set to launch in 2025.

With such exciting offerings and a well-experienced team, ETFSwap (ETFS) is set to take off to the moon. The DeFi platform will become the leading platform for trading these traditional assets, leading to increased demand for the ETFS token. This massive demand is what analysts say will spark the Ethereum token’s 50,000% price gain. 

Conclusion

With ETFSwap (ETFS) set to enjoy a 50,000% price gain, early investors who bought the Ethereum token at its current price of $0.03846 enjoy a 500x return on their investment. As such, ETFSwap (ETFS) offers better risk-reward than a token like Bitcoin (BTC), which has less room to run.  

For more information about the ETFS Crypto Presale:

Visit ETFSwap Presale

Join The ETFSwap Community

For more information about the ETFS Crypto Presale:

Visit ETFSwap Presale

Join The ETFSwap Community