Aurelia Butler

ETFSwap (ETFS), an emerging decentralized cryptocurrency and Exchange-Traded Funds (ETFS) platform, has achieved a series of significant milestones, marking a historic moment in its development and presale. With the support and confidence of thousands of users and investors worldwide, this ground-breaking platform is experiencing a meteoric rise in popularity.In addition, ETFSwap (ETFS) is gaining global recognition as a significant player in the tokenized ETF market. It offers a platform that is both distinctive and accessible, as well as unique and user-friendly, for trading cryptocurrencies and ETFs.ETFSwap (ETFS) Records Unprecedented Surge To Cross 4,000 UsersAs of November 2023, the global ETFs industry reached a valuation of $10.99 trillion and has been growing rapidly ever since. Given this expansion, an increasing number of cryptocurrency enthusiasts and investors have looked for ways to engage with the potential in this sector.ETFSwap (ETFS) emerges as a bridge between the traditional and Decentralized Finance (DeFi) ecosystem. This platform offers investment opportunities for global investors, exposing them to trillion-dollar sectors such as health, energy, technology, commodities, and moreETFSwap (ETFS) offers crypto investors a novel service that has never been seen in the industry. It allows access to the trillion-dollar traditional ETFs market, allowing them to expand their investment portfolio by tokenizing these assets for easy trading. But perhaps where ETFSwap (ETFS) really outpaces its competitors is that it presents an easy on-and-off ramp for trading ETFs using both crypto and fiat, coupled with the decentralization of the Ethereum blockchain.Over the next year, the platform plans to complete its roadmap with the full launch of the ETFSwap (ETFS) trading platform open for all. Additionally, it’ll launch its partnership program, launch its staking decentralized application (DApp), and roll out community rewards.Its token will launch on decentralized exchanges such as Uniswap, with open public trading to follow. This comes with a full-blown marketing roll-out such as CoinMarketCap fast-track, Key Opinion Leaders (KOLs), and token competitions.The ETFSwap (ETFS) platform has undergone a rigorous audit by CyberScope, a leader in the blockchain security industry. The audit found no vulnerabilities in its contract, with the company declaring it safe for investment.Ahead of its full platform launch, the company is focused on securing all necessary licenses required to bring this novel service to investors worldwide. To sweeten the pot, it requires no KYC (Know Your Customer), which means investors just need to connect their wallet to start trading on the website. ETFSwap (ETFS) is already seeing unparalleled adoption amongst users across diverse regions globally. Currently, the innovative platform has recorded more than 4,000 users in just a few weeks. This surge in adoption is fueled not only by ETFSwap’s (ETFS) advanced trading technology and capabilities but also by the rising interest in tokenized ETFs within the digital asset landscape. Key Milestones and Presale ProgressThanks to ETFSwap users’, ETFSwap (ETFS) has successfully hit key developmental milestones. With the help of institutional investors, ETFSwap (ETFS) successfully raised over $750,000 in its private fundraising round.In addition to the growth of ETFSwap’s user base, the first stage of the ongoing presale has seen over 75 million tokens sold.The ETFSwap team noticed the increase in sales and, with a strategic decision, has raised the ETFS token price from $0.00854 in its first presale stage to $0.01831 during the second stage. The public presale has also collectively raised over $1.5 million in a few weeks. For more information about the ETFS Presale:Users can visit ETFSwap PresaleUsers can join The ETFSwap CommunityContactJacob MossETFSwap [email protected] article was originally published on Chainwire More

The world’s largest cryptocurrency climbed 1% over the past 24 hours to $62,489.1 by 07:58 ET (11:58 GMT).Bitcoin witnessed some relief as the dollar sank on Tuesday after Federal Reserve Chair Jerome Powell said that current monetary policy was restrictive enough, indicating that interest rates will not rise further.But Powell warned that the central bank had little confidence that inflation was moving back towards its 2% annual target.This came after producer price index (PPI) data read hotter than expected for April, potentially setting the stage for a strong consumer price index reading later on Wednesday.Meanwhile, signs of dwindling capital flows into Bitcoin and crypto investment products, along with the threat of more regulatory action, kept optimism towards crypto markets limited.Three spot Bitcoin and Ethereum exchange-traded funds in Hong Kong saw outsized outflows of nearly $40 million on Monday, wiping out two weeks of inflows since their debut on April 30.While the immediate reason for the outflows was unclear, they also came as sentiment towards Hong Kong and Chinese markets soured amid increased U.S. trade tariffs on Beijing and mixed economic signals from China. Outflows from the Hong Kong ETFs came amid dwindling capital inflows into their U.S. counterparts, as hype over the approval of spot Bitcoin ETFs for U.S. markets ran dry.While initial hype over their approval drove Bitcoin to record highs over $73,000 in early-March, the world’s biggest cryptocurrency has traded largely within a $60,000 to $70,000 trading range for the past two months, amid scant positive cues. Bitcoin’s halving event passed with little price action, while threats of more regulatory action by the U.S. Securities and Exchange Commission also kept traders averse towards crypto markets. Apart from Bitcoin, broader cryptocurrency prices retreated, as traders turned more risk averse ahead of the U.S. CPI data.World no.2 token Ethereum fell 0.25%, while Solana and XRP lost 1.6% and 1.1%, respectively.Gains in meme stocks- such as GME and AMC- also inspired fleeting gains in meme tokens. Dogecoin fell more than 1.7%, while Shiba remained nearly flat.Sticky U.S. inflation is likely to keep interest rates high for longer- a scenario that bodes poorly for crypto markets, which usually thrive in low-rate, high-liquidity environments.Bitcoin miners slashed their coin inventory before the reward halving took effect on April 19, a trend that trend could soon resume as blockchain usage becomes cheaper, squeezing miners’ revenue.”Daily average network fees spiked after the halving, offsetting some pain for bitcoin miners. However, fees have since come down as the initial rush of users to the Runes protocol cooled off,” analysts at Kaiko said in a note.”The recent decline in fees could lead to selling pressure from miners,” they added.The price of Bitcoin already faces downside risks from the long-defunct cryptocurrency exchange Mt.Gox’s $9 billion payout to its creditors and further selling pressure from miners may exacerbate the situation.Bitcoin miners generate revenue from two key sources – block rewards and transaction fees. They receive a fixed amount of BTC as a reward for adding new blocks to the blockchain, along with transaction fees for including transactions in the blocks they mine.Last month’s halving reduced the per-block coin emission to 3.125 BTC from 6.25 BTC, putting the onus of compensating the negative impact on miner profitability on transaction fees and bitcoin’s price. More

A closer examination of blockchain data reveals a notable pattern in the movement of these funds. Following the initial transfer to a new address identified as “1JmaF,” the Bitcoin was subsequently divided into smaller portions and distributed across 62 other addresses.Each of these subsequent transfers involved approximately 165.3 BTC, equivalent to roughly $10.2 million, raising questions about the motives behind the fragmentation of funds and the identity of the parties involved.While expectations suggest that the April CPI may not signal a significant uptick in inflation, uncertainties persist regarding the potential market reaction to the data.The outcome of the April CPI report holds significant sway over market sentiment. A higher-than-expected CPI could trigger increased market volatility, while a more subdued report might temporarily ease concerns about inflation.The question of the unknown entity’s expectations behind this significant Bitcoin withdrawal looms large. Is the whale, as such holders are often referred to in cryptocurrency circles, banking on favorable economic data and subsequent market growth?This article was originally published on U.Today More

Led by game-focused crypto investment firm Animoca Brands, the fresh capital injection will go toward development, talent retention, and go-to-market activities.The latest financing also saw participation from other investors such as Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie. Including previous investments and community fundraising, CTA has now raised a total of $23.5 million.Blockchain gaming is a rapidly growing sector in the crypto industry, often seen as the key to attracting the next big wave of users. “Cross the Ages” is a mobile-first collectible card game set in a dystopian future, inspired by a series of free-to-read novels. Players can compete solo or in teams to win NFTs and have the option to convert their digital cards into physical copies. The recent funding coincides with the ecosystem’s Token Generation Event (TGE), with exchanges like Bybit, KuCoin, GATE, and MEXC set to list the CTA token. Since launching its virtual trading card game in March 2023, CROSS THE AGES says it has achieved over 400,000 downloads and counts 148,000 monthly active users. “We are thrilled to welcome Animoca Brands as the lead investor in our first equity round. This collaboration signifies a shared commitment and a vote of confidence for CTA’s gaming universe to expand the IP amongst Animoca brands ecosystems and partners,” said CEO and Co-founder Sami Chlagou.Chlagou also owns game producer Pixel Heart, which has created many games for top platforms like Nintendo, Xbox, and PlayStation.Yat Siu, executive chairman and co-founder of Animoca Brands, added: “Blockchain gaming is an important movement that is bringing true digital ownership to the masses. CROSS THE AGES perfectly embodies the values of this movement, enabling users to live experiences in a virtual environment solidly founded upon personal ownership.”Launched in 2020, CROSS THE AGES leverage blockchain to combine futuristic fantasy with a sci-fi epic narrative. The CTA universe blends free-to-play and play-to-earn models, integrating books, comics, gaming, esports, animation, collectibles, and a gaming investment model that promotes the transition to renewable energy in the real world.  More

Funding rate arbitrage is a popular tactic in the perpetual futures market on crypto exchanges. The strategy focuses on exploiting the gaps in funding rates across different exchanges to make a profit from the interest rate differences.The bot employs two strategies to help traders earn funding fees by opening a perpetual futures position and hedging it with an opposite position in the spot market. This system keeps the contract price aligned with the spot price of the underlying asset. When funding rates are positive, long positions pay short positions. Conversely, when rates are negative, short positions pay long positions.Binance now offers nearly 120,000 active trading strategies on its Trading Bots Marketplace. Popular automated trading tools available include Grid Trading for Spot and Futures, Rebalancing Bot, Auto-Invest, and Dollar-Cost Averaging (DCA).The newly launched bot is also Binance’s first to automate a delta-neutral spot and futures arbitrage strategy. It simplifies the process by automating both the spot and perpetual futures trades simultaneously, eliminating the need for users to manually manage two separate trades.Separately, Binance is set to launch its Spot Copy Trading feature to all eligible users. This will let users follow and automatically replicate the trades of the platform’s top traders. To use Binance’s spot copy trading feature, users must meet certain minimum portfolio asset management requirements.Copy trading was originally introduced by the social trading platform eToro and has since been picked up by other major cryptocurrency platforms.Binance first introduced spot copy trading for “Lead Traders” in late April. The exchange claims that the feature has proven successful, with over 70% of active Lead Traders achieving positive P&L despite a volatile market in April that saw overall crypto market capitalization drop by 11%. More

Traditionally limited to venture capitalists and high-net-worth individuals, these investment opportunities will now be available to a broader audience. Alongside the platform launch, Colony Lab introduced the ‘Liquid Vesting’ feature, which allows for flexible trading of tokens during their lockup period.The community-driven accelerator said its ‘Liquid Vesting’ feature is a first in crypto space. Specifically, it enables investors to trade their locked or vesting tokens on Colony’s decentralized exchange (DEX) without conventional restrictions. This allows for unlimited trading of tokens that are not yet fully vested, providing deeper liquidity and investment flexibility without impacting the secondary market. All transactions are conducted on-chain to ensure transparency and security.Following two years of development, Colony’s Early-Stage platform and Liquid Vesting feature will enable users to invest directly in seed sales of early-stage projects from the outset. Elie Le Rest, CEO and Co-Founder of Colony Lab, stated, “When we developed the platform and the ‘Liquid Vesting’ feature, our aim was to make investing in crypto simple and flexible for everyone.”“We hope these enhancements will create more opportunities for early investors and improve liquidity in the primary market. Our goal is to transform investment practices in the blockchain world by prioritizing clarity, security, and openness.”With these new features, Colony Lab is introducing liquidity to the primary market for the first time and making early-stage investments accessible to a wider audience. The Colony Lab community currently consists of over 8,000 active users, collectively boasting a net worth of $200 million.Colony Lab is also focused on accelerating the growth of the Avalanche ecosystem through a community-centric approach. By channeling investments into strategic areas of the AVAX landscape, Colony Lab provides unique financial opportunities for its stakers.  More