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Showing posts from October, 2024

UI/UX in DeFi: Designing User-Friendly Experiences

UI/UX in DeFi: Designing User-Friendly Experiences! As decentralized finance (DeFi) gains traction, the importance of user experience (UX) and user interface (UI) design in making these platforms accessible and intuitive is becoming increasingly critical. Unlike traditional finance applications, which have established norms for UI and UX, DeFi interfaces often require innovation and simplification due to the complex nature of blockchain technology. In this article, we’ll explore the importance of UI/UX in DeFi, key design considerations, and future trends that could make DeFi platforms as user-friendly as any mainstream financial app. Why UI/UX Matters in DeFi A well-designed UI and seamless UX are essential for building trust and driving adoption in the DeFi space. As most DeFi protocols involve intricate processes like staking, liquidity provision, and token swapping, users need interfaces that demystify these actions and guide them smoothly through each step. A solid UI/UX can ...

Michael Saylor’s MicroStrategy Announces $42 Billion Plan To Increase Bitcoin Holdings

Michael Saylor’s MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years to expand its Bitcoin holdings. The strategy, named the “21/21 Plan,” aims to secure $21 billion through equity and an additional $21 billion through debt, underscoring Saylor’s ongoing commitment to Bitcoin as a key corporate asset. “As a Bitcoin Treasury Company, we plan to use the additional capital to buy more bitcoin as a treasury reserve asset in a manner that will allow us to achieve higher BTC Yield,” said president and CEO Phong Le, in the company’s third-quarter earnings statement. 🟠#BTC MicroStrategy has announced an ambitious plan to raise $42 billion over the next three years, split evenly between $21 billion in equity and $21 billion in fixed-income securities. The company intends to use this capital to increase its Bitcoin holdings as a treasury pic.twitter.com/f2MEcnevoQ — Fortune Tells (@online0705) O...

MrBeast investigated for ties to 50+ crypto wallets linked to potential insider trading

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James Donaldson, better known as MrBeast, is a veritable YouTube superstar. Once a media darling on account of several charitable videos, he appears to be attracting an endless stream of controversy in 2024. Donaldson’s stroke of bad luck began when close collaborator Ava Kris Tyson was accused of impropriety involving a minor — just weeks later, a former employee alleged widespread fraud that would amount to running an illegal lottery — one aimed at children. However, this latest development just might prove to be a turning point for the YouTuber’s career. An initial investigation showed that MrBeast profited as much as $10 million from backing low-cap IDO (initial DEX offering) crypto tokens, as per an X post from online-sleuth SomaXBT. Picks for you Gold hits new highs — Is 2025 set to be ‘extraordinary’ for the precious metal? ...

MAGA Price Prediction: TRUMP Plunges 12% As Investors Flock To This Rival PolitiFi Token Offering 1,188% Staking APY

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The MAGA price plunged 12% in the last 24 hours to trade at $3.66 as of 00:43 a.m. EST on trading volume that plunged 35% to $13.8 million. MAGA Price On A Bearish Trend The MAGA price chart shows an uptrend that has recently entered a corrective phase. The price showed a strong rally in mid-October, but resistance was encountered around the $5.0 level, according to data from GeckoTerminal . Since then, it appears to be correcting downwards. The price of MAGA has now dropped below the 200-day Simple Moving Average (SMA) but still trades above the 50-day SMA, which shows that TRUMP could go through a surge in the short term. Moreover, the Relative Strength Index (RSI) is at 42.05, which is in the lower half of the range but not yet oversold. This neutral-to-slightly bearish level indicates mild selling pressure without being in oversold territory. A break below 30 would indicate oversold conditions, potentially a signal that a bounce or reversal could follow. If the current bearis...

Fuse to launch FUSE token on Bitget

Fuse, a Layer-2 payments processing blockchain, has announced that its native token, FUSE, will soon be listed on Bitget, as per the info disclosed to Finbold on Tuesday, October 29.  The launch is expected to increase accessibility and provide additional liquidity for the token, giving crypto users a more streamlined way of engaging with the Fuse ecosystem. FUSE token debut on Bitget The FUSE token is set to debut on Bitget in the first week of November, after which it will be included in PoolX, Bitget’s stake-to-mine platform.  Picks for you This AI ETF holds 19% of its portfolio in Nvidia, Google, and Microsoft 17 mins ago Bybit brings its Bybit Card to new regions 1 hour ago ...

Meta Signs New Partnership as it Makes Up Ground in AI Arms Race

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An information technology stock that has incredible potential took a step forward today. Indeed, Meta (META) has signed a new partnership deal that has its stock looking to make up ground in the ongoing AI arms race. The company is set to take on some of the biggest companies in the generative artificial intelligence field. The Mark Zuckerberg-headed platform announced it will partner with Reuters to integrate the news platform into an AI chatbot. The publication’s news content would be utilized within the AI tool through real-time integration. Moreover, the Meta AI is set to be a premiere offering across its host of social media platforms. Source: Slate Also Read: US Stocks: Meta May Report New Surge, Targets $627 In The Long Run Meta AI Gets New Partner as It Takes on Google, Microsoft Over the last year, AI has skyrocketed in popularity. The meteoric rise in usage stemmed from the arrival of OpenAIs ChatGPT. Moreover, it caused increased demand throughout nearly all sectors. Th...

BRICS: U.S. Dollar Crisis Could Begin in 2025

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Leading U.S. economist and gold proponent Peter Schiff has warned that the dollar crisis could begin as soon as 2025. The USD is already in a precarious position as developing countries are ending dependency on the currency. This strengthens the BRICS agenda of de-dollarization that could further weaken the U.S. dollar. It’s only a matter of time before things head south that could become a full-blown economic crisis, the analyst explained. According to Schiff, the DXY index, which measures the performance of the U.S. dollar is showing major signs of weakness. Also Read: BRICS: 85% Trade Settled in Local Currencies, Not US Dollar The index tracks the value of the USD against a basket of foreign currencies, including the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The index is now at 104.28 and Schiff forecasted that it could dip below the 90 level in 2025. Read here to know how many sectors in the U.S. will be affected if BRICS ditches the d...

5 Best Undervalued Cryptos to Watch This October for 10X Potential

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With Bitcoin on the verge of surpassing $70,000, an exciting opportunity arises for crypto investors looking to capitalize on its upward momentum. While this upward trend in Bitcoin is certainly encouraging, it’s essential to remain logical and avoid letting emotions drive decision-making. Instead, focusing on coins with strong potential for growth over the coming weeks and months can offer valuable insights into where the market may be headed. The cryptocurrency market is currently brimming with opportunities, with many altcoins and meme coins performing exceptionally well. With a wide range of coins showing promise, from established blockchains to emerging meme coins, this week offers a wealth of opportunities for both short-term gains and long-term growth. This article will cover five of the best undervalued cryptos to watch this October, each with the potential for 10X returns. Solana (SOL) Solana has been making remarkable strides recently, catching the attention of marke...

Local Currency That Challenged the US Dollar Fails, Dips 40%

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Zimbabwe had recently launched a new currency named ZIG which was backed by gold. The gold-backed ZIG local currency was launched in April this year to reduce the circulation of the US dollar in Zimbabwe. The government took a risk and floated the currency across all sectors for transactions in the country. Also Read: Russia’s Push: Precious Metals to Lead De-Dollarization Effort ZIG gained significant support a month after its launch, with over 40% of all payments settled in the new currency. While Zimbabweans settled 40% of all costs in ZIG, the government paid 80% of all transactions in the gold-backed currency. The government and its people worked hand-in-hand to make the new local currency successful, threatening the US dollar. Nonetheless, things have not gone as planned. ZIG lost nearly half its value in Q4 of 2024. The local currency struggles to keep up with the US dollar in central cities and remote towns. ZIG, touted as a solution to tame the financial crisis, has created it...

The Rise of MEME Coins: A New Wave in Cryptocurrency

The Rise of MEME Coins: A New Wave in Cryptocurrency! In the ever-evolving world of cryptocurrency, one trend has captivated the mainstream imagination like no other: meme coins. Born from internet humor and social media hype, meme coins have emerged as a phenomenon that combines the world of finance with internet culture. Initially dismissed by some as fleeting jokes, these coins have defied expectations to become a legitimate part of the digital asset landscape. So, what exactly are meme coins, and why have they risen so rapidly in popularity? What Are Meme Coins? Meme coins are a subset of cryptocurrencies inspired by popular internet memes, jokes, and cultural references. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which aim to solve specific technological or financial challenges, meme coins often start as humorous projects. However, thanks to strong online communities and social media marketing, many have gained substantial followings and, in some cases, substant...

6 Best Altcoins To Invest In Today October 24 – Popcat, Sui, dYdX, Celestia

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Recent analyses indicate that Bitcoin (BTC), the top cryptocurrency, may be entering a bullish phase. Analysts point to two main factors: a decline in Bitcoin reserves and an increase in stablecoin reserves.  This reduction in available Bitcoin, alongside greater purchasing power, has raised expectations for a potential price rise in the digital asset. Given this bullish sentiment, investors are searching for the best altcoins to invest in today . 6 Best Altcoins To Invest In Today Popcat (POPCAT) is currently valued at $1.546516, marking an 11.51% rise over the past 24 hours. Jupiter (JUP) has also experienced significant movement, with its price now at $1.04141, reflecting a 5.02% gain in the same period.  SUI, the native token of the Sui Network, has increased by more than 9% in the last day, climbing from $1.87 to a peak of $2.04. Meanwhile, FreeDum Fighters, a new meme coin presale, blends political themes with high-stakes rewards. In contrast, Bitcoin has dropped to...