Fintech Radar
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5 High-Reward Cryptos Perfect for Long-Term Holds
Looking to diversify and build a solid portfolio, these cryptocurrencies should be at the top of your list.
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BlockDAG & BVB Partnership Ends; Ether ETF & Polkadot Updates Ignite Excitement
BlockDAG-BVB Collaboration Ends Over MiCA Rules; Ether ETFs See Uptick & Polkadot Academy Makes Comeback The cryptocurrency landscape is buzzing with action as major projects hit new milestones. Ether ETFs are making a splash with U.S. investors, hinting at staking integrations that could boost returns and spark renewed excitement around Ethereum. Meanwhile, the Polkadot Blockchain Academy is storming back into Europe, offering cutting-edge training for developers eager to dive into Web3 and decentralized tech. Amidst this whirlwind, BlockDAG (BDAG) has stepped back from its collaboration with German soccer giant Borussia Dortmund, a bold move in response to the latest MiCA regulations. Yet, this hasn’t slowed BlockDAG down; the platform’s presale is booming, pulling in over $157 million thanks to hefty purchases from whales. Ether ETFs: Staking Dreams & Investor Buzz Ether ETFs are catching the eye of American investors, providing a structured path into Ethereum, celebrated for its decentralized apps and smart contracts. Although staking features are currently off-limits due to SEC rules, this might change soon, sparking potential for even greater rewards. With staking returns possibly jumping from 3.1% to 4-5%, Ether ETFs are becoming an increasingly hot topic. Coupled with Ethereum’s strong market presence, including a record $2.2 billion inflow in 2024 and forecasts of substantial growth by 2030, Ether ETFs are set to rock the investment world. Polkadot’s Blockchain Academy Makes a Triumphant Return Get ready for the return of the Polkadot Blockchain Academy in Europe this March at Lucerne University of Applied Sciences and Arts. The sixth cohort will immerse developers in Polkadot’s technology and the broader Web3 sphere, promising an exhilarating educational adventure. Under the mentorship of blockchain luminary Dr. Gavin Wood, the academy offers two specialized tracks to master the art of on-chain protocols and decentralized applications. Funded entirely by the Polkadot Treasury, this initiative is poised to forge the next wave of blockchain gurus. BlockDAG’s BVB Split, $157M Presale Powers On BlockDAG just shook the sports and crypto worlds by ending its partnership with Borussia Dortmund, adapting boldly to Germany’s new MiCA regulations. The CEO passionately explained, “The shifting regulatory sands in Germany compelled us to rethink our alliances and strategy here. Our journey with Borussia Dortmund was fantastic, but moving on serves the best interests of all parties now.” This move sets the stage for more thrilling developments with their ongoing tie-up with Inter Milan. Meanwhile, BlockDAG’s presale is on fire, pulling in whales who are laying down millions daily for BDAG coins. The excitement is off the charts with over $157 million raised and 16.8 billion coins snapped up, proving the market is bullish about BlockDAG’s skyrocketing potential. Early backers have already witnessed a jaw-dropping 2240% price surge from the initial batches, and with BDAG coins now priced at $0.0234, the buzz is real! As the presale heats up even more, BlockDAG is fast becoming the hottest crypto to buy, promising even more explosive growth ahead. Key Insights Ether ETFs are not just an investment; they’re a gateway to Ethereum’s future, especially with staking on the table. The Polkadot Blockchain Academy’s return marks a significant milestone in advancing Web3 knowledge across Europe. BlockDAG stands out as a prime crypto purchase with its impressive growth potential and strategic adaptability. Despite the end of its BVB partnership, the platform continues to draw significant attention and holding from crypto whales, signaling a bullish future. With early adopters already enjoying a 2240% gain, the rush is on to get in before the next price leap. Now is the time to engage with BlockDAG’s vibrant presale—don’t miss out on what could be a defining shift in the crypto market. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here. The post BlockDAG & BVB Partnership Ends; Ether ETF & Polkadot Updates Ignite Excitement appeared first on The Merkle News.
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Who’s really getting rich from the crypto bull run?
While the crypto frenzy captivates speculators with dizzying highs and lows, the real winners are those giving investors a way to speculate.
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Phantom Wallet Announces Support For SUI Network
The post Phantom Wallet Announces Support For SUI Network appeared first on Coinpedia Fintech News In a latest blog post, The Sui Foundation has officially revealed that Phantom Wallet, a top-tier non-custodial multichain cryptocurrency wallet, will integrate with the Sui network. Phantom boasts the largest on-chain wallet user base in the web3 landscape with about 7 million monthly active users. Exceeding 560 million total on-chain transactions this year alone, Phantom is making waves with its standout features like staking, in-app token swaps, NFT storage, multichain support, and seamless Ledger hardware wallet integration. This development marks a pivotal moment for the Sui network, as it becomes the first blockchain beyond Solana, Bitcoin, and Ethereum to gain support from this innovative wallet. “The integration of Phantom Wallet with Sui represents a giant leap for the Sui ecosystem, which now gets access to a first-class wallet experience with several features that the Sui community has been asking for,” said Jameel Khalfan, Global Head of Ecosystem at the Sui Foundation. “Phantom Wallet is selective about which chains they support, and we are proud to now be included among this notable group.” Phantom’s integration is set to empower Sui users with a robust and secure wallet solution. It will be also be accessible as a browser extension across Chrome, Firefox, Edge, and Brave and as a mobile app for iOS and Android devices. “We’re excited to bring Sui support to millions of Phantom users,” said Brandon Millman, CEO of Phantom. He underscored that Sui’s thoughtful approach to scalability and developer-focused solutions aligns with their commitment to high-performing blockchains. Phantom Wallet’s integration with the Sui network is a significant step towards enhancing interoperability, demonstrating the growing interest in multichain futures among wallet providers and dApp developers. Notably, Sui’s value has increased by over 100% in the past month, driving the blockchain to a market cap of $10.8 billion amid rising interest in alternative Layer 1 blockchains. Sui now ranks eighth among blockchain networks in terms of total value locked (TVL), with $1.5 billion.
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4 new BTC price targets see Bitcoin over $124K by New Year
Bitcoin is due to end 2024 even higher than its current levels, consensus says — with BTC price targets toward $150,000 in play.
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This MEME Coin Set For 30% Rally, In-depth Analysis
The post This MEME Coin Set For 30% Rally, In-depth Analysis appeared first on Coinpedia Fintech News In this bull run, despite opting for blue-chip cryptocurrencies majority of investors and traders opting meme coins for a quick profit. While examining the growing interest in meme coins, CoinPedia’s technical expert highlighted Shiba Inu (SHIB), the second-largest crypto-meme coin, as being poised for notable upside momentum. Shiba Inu (SHIB) Technical Analysis and Upcoming Level According to expert technical analysis, SHIB has broken out of a tight consolidation zone near the horizontal level of $0.0000295. With this recent breakout, the path for upside momentum appears clear. Based on price action, there is a strong possibility that the meme coin could soar by 30%, reaching the $0.000041 mark in the coming days. Source: Trading View On the positive side, SHIB is trading above the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating an uptrend. Meanwhile, the Relative Strength Index (RSI) is currently below the overbought area, suggesting that SHIB still has enough room to soar in the coming days. RSI is a technical indicator that determines whether an asset is oversold or overbought, helping traders and investors make informed decisions about building positions. Bullish On-Chain Metrics With this bullish price action, it appears that whales and institutions have shown strong interest and confidence in the meme coin, as reported by on-chain metrics from Coinglass. $51.63 Million SHIB Outflow From Exchanges According to SHIB spot inflow/outflow data, exchanges have witnessed a significant outflow of $51.63 million worth of SHIB since the beginning of December 2024. Source: Coinglass In the cryptocurrency context, outflow refers to the movement of assets from exchanges to wallet addresses, indicating that long-term holders have accumulated significant amounts of meme coins. This outflow suggests a perfect buying opportunity, hints at potential upside momentum, and further reduces selling pressure. 83% Top Traders Hold Long Position In addition to long-term holders, traders have also shown confidence in the meme coin. According to data, the SHIB long/short ratio on Binance currently stands at 5, indicating strong bullish sentiment among traders. Currently, 83.35% of top traders on Binance hold long positions, while 16.65% hold short positions. Source: Coinglass Current Price Momentum At press time, SHIB is trading near $0.0000315 and has registered a price gain of over 4.35% in the past 24 hours. During the same period, its trading volume has surged by 80%, indicating heightened participation from traders and investors in response to SHIB’s bullish outlook.
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Semler Scientific Bitcoin Acquisition Surges Amid Crypto Market Boom
The post Semler Scientific Bitcoin Acquisition Surges Amid Crypto Market Boom appeared first on Coinpedia Fintech News Semler Scientific, a healthcare technology company known for its innovative solutions, has taken a major step into the cryptocurrency world. The company has significantly expanded its Bitcoin holdings, now sitting on 1,873 BTC, with an average purchase price of $78,553 per Bitcoin. Between November 25 and December 4, 2024, Semler acquired 303 BTC for $29.3 million, averaging a cost of $96,779 per Bitcoin. This aggressive move is part of their broader strategy to integrate Bitcoin into their financial operations, which they claim aligns with shareholder interests. Semler Scientific has reported a 13.32% drop in short interest, with 892,000 shares now sold short, representing 13.28% of its tradable shares. Based on current trading volumes, it would take traders an average of 1.46 days to cover these positions. Funding the Bitcoin Buying Spree To fund these purchases, Semler leveraged an at-the-market (ATM) equity offering through its partnership with Cantor Fitzgerald & Co. Initially, they aimed to raise $50 million, but later doubled the offering to $100 million. As of now, they’ve generated $79.8 million in gross proceeds, fueling their Bitcoin acquisition strategy. What is BTC Yield? Semler has introduced a unique metric called BTC Yield to gauge the performance of its Bitcoin holdings. BTC Yield reflects the percentage change in the ratio between Bitcoin holdings and outstanding shares. Since the company adopted its Bitcoin treasury strategy in July 2024, their BTC Yield has reached an impressive 78.7%, with a 54.7% boost recorded in the most recent period. However, BTC Yield isn’t a profitability metric. It doesn’t represent traditional financial gains but instead highlights how Bitcoin investments align with shareholder equity. Balancing Risks and Opportunities Eric Semler, the company’s chairman, expressed optimism about their crypto strategy, emphasizing its potential for long-term shareholder benefits. Beyond Bitcoin, Semler is also seeking approval for options trading on their stock, signaling a diversification of their financial approach. That said, the company acknowledges risks, including Bitcoin’s volatility and their reliance on equity sales to fund acquisitions. Moreover, Semler Scientific’s Bitcoin acquisition strategy reflects an assertive stance in the crypto market, with an average purchase price of $78,553 per BTC. The latest acquisition at a premium price of $96,779 per BTC underlines the company’s unwavering confidence in Bitcoin’s long-term potential. Also Read :  Marathon Digital Bitcoin Holdings Surge with $850M Note Offering; MARA Stock Soars 59%  , Bitcoin’s Current Status Bitcoin surged to $103,047.71 early today, marking a significant milestone as its market capitalization climbed 6.84% to $2.03 trillion, according to CoinMarketCap. At the time of writing, the leading cryptocurrency is trading at $102,388.46, reflecting strong upward momentum in the market. FAQs What is BTC Yield? BTC Yield measures the percentage change in Bitcoin holdings relative to shares, showing alignment with shareholder equity, not profitability. How much Bitcoin does Semler have? Semler Scientific holds 1,873 BTC, acquired at an average price of $78,553, as part of its corporate treasury strategy.
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Top 3 Altcoins of 2024: BlockDAG, TRON, Cosmos
Top 3 Altcoins to Consider Before the Year Ends: Cosmos, TRON, BlockDAG Are you on the hunt for the best altcoins available today? Consider three prominent options that are currently in the spotlight within the cryptocurrency community: Cosmos (ATOM), TRON (TRX), and BlockDAG (BDAG). BlockDAG is capturing interest with its impressive price growth, TRON is creating buzz by integrating blockchain with popular culture, and Cosmos is experiencing a revival in user engagement, indicating increased trust in its platform. These altcoins are distinguished by their unique features and have the potential to influence the future of the market. But why are they so influential, and why are both analysts and enthusiasts watching them closely? Let’s dive in! 1. BlockDAG (BDAG): A Layer 1 Powerhouse with Potential for Massive Returns BlockDAG (BDAG) is transforming the capabilities of layer-1 blockchains with its cutting-edge Directed Acyclic Graph (DAG) architecture. This design enables extremely quick transactions while maintaining robust network security, positioning it as a leader in the field. Currently, with its coins priced at $0.234 each in batch 26, BlockDAG has already gained significant attention in the cryptocurrency market, having raised an impressive $157 million and sold over 16.9 billion coins. The trajectory of the coin has been noteworthy, with initial holders who bought BDAG at $0.001 per coin in batch 1 now seeing returns of 2240%. However, the excitement is mostly about what’s to come. Analysts predict potential returns up to 20,000X for early adopters, highlighting the substantial prospects ahead. With batch 26 coming to a close, many are expecting another significant rise in BDAG’s value—making it an opportune moment to get involved in the presale. 2. TRON (TRX): Where Pop Culture Fuels Growth TRON (TRX) is making headlines by merging cutting-edge technology with captivating cultural moments. Its founder, Justin Sun, recently acquired the well-known artwork “Comedian”—a banana duct-taped to a wall—for $6.2 million. This purchase not only garnered worldwide attention but also underscored TRON’s influence in contemporary culture. Financially, TRON has demonstrated solid progress, climbing from $0.15 to over $0.21 in just a month. This increase reflects a growing enthusiasm around its potential. Despite minor price dips, TRON consistently finds strong support at around $0.20, underscoring the community’s trust in its potential. With its strategic focus on decentralized finance (DeFi), non-fungible tokens (NFTs), and entertainment, TRON is poised to remain a vital force within the cryptocurrency market, hinting at more growth opportunities ahead. 3. Cosmos (ATOM): Strengthening Through Increased Activity Cosmos (ATOM) is experiencing a significant revival, with a 60% increase in active users over the last three weeks alone. This surge underscores the network’s appeal and its ability to generate substantial engagement, far beyond basic transactions. After overcoming obstacles in 2023, Cosmos is thriving thanks to its emphasis on scalability and interoperability between blockchains. These capabilities are crucial for ensuring that Cosmos remains a key piece of the crypto infrastructure puzzle, facilitating smooth cross-chain communication. As the network attracts more projects and user engagement continues to rise, Cosmos is solidifying its role as a pivotal blockchain platform, setting the stage for ongoing progress and relevance in the sector. Why These Three Altcoins Stand Out Selecting the top altcoins to buy involves understanding what sets each apart and their recent performance. BlockDAG leads the way with its modern technology, upward price trajectory, and potential for significant returns, making it a noteworthy project in the crypto presale stage. TRON (TRX) excels in blending blockchain innovation with cultural touchpoints, ensuring its ecosystem remains dynamic and appealing. Cosmos (ATOM), on the other hand, reinforces its importance as a fundamental platform for blockchain interoperability, propelled by a boost in active users. Together, these three altcoins offer a variety of exceptional qualities, presenting diverse and promising opportunities for those exploring the cryptocurrency market. Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here. The post Top 3 Altcoins of 2024: BlockDAG, TRON, Cosmos appeared first on The Merkle News.
