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Green Bitcoin Presale Raises Over $1m for New Gamified Staking Project

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Green Bitcoin has captured the crypto world’s attention with its groundbreaking gamified staking model, raising over $1 million in its ongoing presale.

With retail investors clamouring to get involved, could Green Bitcoin (GBTC) be poised for a wave of demand once it debuts on exchanges later this year?

Presale Buying Frenzy as Green Bitcoin Captivates Crypto Community

After hitting the $1 million milestone, Green Bitcoin has cemented itself as one of the most eagerly anticipated projects in the crypto ecosystem.

The project’s presale utilises a straightforward yet rewarding structure.

Investors can purchase GBTC, Green Bitcoin’s native token, using either ETH, USDT, or a credit/debit card.

These tokens can be staked instantly to earn passive income, with APYs reaching 261%.

It’s clear that the crypto community is impressed by the presale’s early success and the high staking rewards on offer – more than 3,300 people now follow Green Bitcoin’s Twitter page.

Conversations are also heating up in Green Bitcoin’s Telegram channel, where members are already speculating about how high GBTC’s value could rise once it makes its open market debut.

GBTC was even referenced in a recent video by YouTuber Crypto Boy, who highlighted the project’s eco-friendly principles and stellar roadmap.

What is Green Bitcoin & Why So Much Hype?

But what is Green Bitcoin, and why is the project attracting so much buzz?

The main reason is the project offers a fresh take on crypto mechanics by combining Bitcoin’s legacy with Ethereum’s sustainable architecture.

As an ERC-20 token, GBTC introduces a sustainable staking model called “Gamified Green Staking.”

This model allows users to earn passive income scaled to their investment size.

By participating in Bitcoin price predictions, earnings can be further enhanced while promoting community engagement.

Additionally, Green Bitcoin embodies eco-friendly values in numerous ways.

Firstly, its Proof-of-Stake (PoS) consensus mechanism requires just a fraction of the energy that’s required by Bitcoin mining.

Secondly, the “green” approach extends to the staking process itself – accurate predictions that land in a designated green zone trigger additional staking bonuses.

As outlined in Green Bitcoin’s whitepaper, the developers have allocated 27.5% of the total GBTC supply to staking rewards, which will be distributed gradually over two years.

Each day, this pool of GBTC is shared among accurate predictors, incentivizing regular engagement.

For long-term holders, extended staking periods unlock even more bonuses on their rewards.

Ultimately, whether participating daily, weekly, monthly, or bi-annually, Green Bitcoin offers a clear path to attractive returns.

Appealing Tokenomics & Roadmap Set Stage for Long-Term Growth

Transitioning to Green Bitcoin’s future, the development team has structured the project’s tokenomics and roadmap to balance rewards with organic growth.

The project’s tokenomics will see 40% of the supply allocated to presale buyers, giving early participants a chance to obtain a sizable stake in Green Bitcoin’s future.

As mentioned earlier, 27.5% of the supply will go towards staking incentives, with the remaining 32.5% focusing on marketing, exchange listings, and community-building initiatives.

This tokenomics structure sets the stage for long-term adoption and real-world impact.

Looking ahead, the project’s “Green Map” centres on enhancing the platform’s gamified features to make the staking experience even more rewarding.

The ultimate goal is to build a community united by eco-friendly values – all while allowing everyone to earn passive crypto income.

Notably, Green Bitcoin’s smart contracts recently underwent a comprehensive audit from blockchain security firm Coinsult.

With its security and reliability now verified, investors can engage in the presale with peace of mind.

Those interested in the presale can buy GBTC tokens for $0.492 – although this price will increase as funding milestones are met.

Visit Green Bitcoin Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

The token Green Bitcoin (GBTC) has no affiliation and is not associated in any shape or form with Grayscale’s Bitcoin Trust.

Readers are also advised to read CryptoPotato’s full disclaimer.

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Ripple v. SEC Lawsuit Updates, Cardano (ADA) Price Predictions, and More: Bits Recap Feb 7

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TL;DR

  • The legal battle between Ripple and the SEC continues, but recent changes in the regulator’s leadership may favor the company.
  • Analysts predict a parabolic rally for Cardano (ADA), with strong fundamentals and rising adoption signaling a possible breakout despite recent price declines.
  • Whales accumulated 750 million DOGE during the dip, and analysts see $0.17 as a potential bottom before a major price surge.

More Changes at the SEC

Over the past few years, Ripple secured some vital partial court wins that seemingly positioned the regulator as the underdog in the legal tussle. Most recently, the SEC enforced some amendments to its leadership, which could also be interpreted as good news for the company.

As CryptoPotato reported, the agency moved Jorge Tenreiro to its computer systems management department. The law expert joined the agency 11 years ago and signed the SEC’s notice of appeal in its case against Ripple.

The plea was submitted in October last year, challenging Judge Torres’ 2023 decision. At that time, she ruled that Ripple’s sales of XRP to retail investors through centralized exchanges did not violate securities regulations.

Earlier this year, the SEC’s former Chairman, Gary Gensler, stepped down. The agency had a quite hostile approach towards the cryptocurrency industry during his tenure, and somewhat expectedly, the XRP community cheered his resignation.

His role was succeeded by Mark Uyeda, who is pro-crypto and even criticized the SEC’s previous leadership for launching a war on the sector. 

ADA Bull Run in the Cards?

Cardano’s native token suffered the consequences of the market decline at the start of the business week and is currently deep in the red on a 7-day scale, trading at approximately $0.71 (per CoinGecko’s data).

ADA Price
ADA Price, Source: CoinGecko

However, many industry participants believe a fresh resurgence could be just around the corner. Such is the case with Ali Martinez, who observed ADA’s performance in the past years and assumed that it might be “at the very beginning of a monster parabolic rally.”

The X user Lucky was also bullish, telling his over 2 million followers on the social media platform that “strong fundamentals and rising adoption make Cardano a solid bet before the next big move.”

DOGE Price Predictions

Last but not least, we will touch upon the OG meme coin – Dogecoin (DOGE). Similar to ADA, it has also sank by double digits in the past week, but some factors signal a potential reversal.

DOGE Price
DOGE Price, Source: CoinGecko

Martinez recently disclosed that whales accumulated 750 million tokens during the correction, describing the move as “a strong sign of confidence in the market.”

For their part, the X users AMCrypto and KALEO outlined predictions for the near future. The former envisioned a potential decline to as low as $0.17 before a bull run to a new all-time high.

KALEO claimed that the current price level of $0.25 is “a solid entry and practically free compared to where we’ll see it a few months from now.” 

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Berachain Community Members Show Mix Reactions Following BERA Airdrop

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The Berachain team has finally released BERA airdrops to community members following the successful launch of the proof-of-liquidity layer-1 network.

However, the airdrops have received mixed reactions from community members, with users complaining that the allocation to certain groups was not fair.

BERA Airdrop Allocations

According to the Berachain tokenomics and airdrop overview, market participants eligible for the airdrops include testnet users, community members who deposited capital in the Boyco program, and holders of Berachain ecosystem non-fungible tokens (NFTs).

Additionally, Binance Coin (BNB) holders, strategic partners, successful recipients of the Request for Broposal programs, holders of the Bong Bears NFTs who bridge their collectibles to Berachain, and users who constructively engaged with Berachain on X and Discord are eligible.

The Berachain Foundation, a non-profit organization piloting the affairs of the layer-1 network, allocated 1.65% BERA to testnet users, 2.35% BERA to Request for Broposal recipients, 2% to Boyco depositors, and 0.25% to X and Discord commentators. Holders of Berachain ecosystem NFTs received 0.25% of the amount, while the Berachain Foundation allocated 6.9% BERA to Bong Bears NFT holders. Strategic partners have been given 0.4% BERA, while BNB holders are to receive 2% BERA.

Notably, the airdrop makes up 15.75% of Berachain’s 500 million total supply. Although 107.48 million tokens are currently in circulation, the remaining will be released according to a linear vesting schedule over the next three years.

Mixed Reaction From Community

Berachain community members on X are complaining that the airdrop allocations are not fair. Some insist it is not right for testnet users, who have engaged with the network for years, to receive way fewer tokens than Bong Bears NFT holders. Some users revealed that they received substantial allocations, while others said they got none despite consistently interacting with the protocol over time.

Although pseudonymous Berachain co-founder Smokey the Bera explained that it is nearly impossible to target people perfectly during airdrops, community members are still voicing their grievances in the comment section. The pseudonymous crypto trader Jarzombek asserted that Smokey and the Berachain team members “rugged the most loyal community” by allocating 0.25% to holders of ecosystem NFTs.

Amid this chaos, the price of BERA has corrected a bit after rallying 1,346% to $14.46 after launch. Data from CoinMarketCap shows the token changing hands at $7.36 at the time of writing.

Meanwhile, the Berachain ecosystem has three main tokens: BERA, BGT, and HONEY. BERA is the native gas and staking token of the network, BGT is for governance and economic incentives, while HONEY is the chain’s native stablecoin.

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3 Reasons That Ripple (XRP) Is Preparing for a Major Rally

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TL;DR

  • Spot XRP ETF filings from well-known financial players could boost institutional and retail investment in the asset if approved.
  • Whales accumulated millions of tokens during the dip, and the RSI briefly dropped below 30, suggesting a potential price rebound.

The Potential Catalysts

Ripple’s XRP did not start the business week on the right foot, briefly tanking below $2 during the market correction witnessed on February 3. In the following days, the bulls reclaimed some lost ground, but the price remains deep in the red on a weekly scale, currently trading at around $2.37 (per CoinGecko’s data).

XRP Price
XRP Price, Source: CoinGecko

Despite the bearish environment, some essential factors hint that a move to the upside could be incoming. On February 6, Cboe BZX Exchange lodged 19b-4 filings on behalf of Canary Capital, WisdomTree, 21Shares, and Bitwise. The well-known asset managers seek to list the first spot XRP exchange-traded funds (ETFs) in the USA.

The filings represent a formal request submitted to the US Securities and Exchange Commission (SEC). The agency must approve or reject the application, often within 240 days.

A potential green light would grant American investors additional options to gain exposure to Ripple’s native token, which could create upward pressure on its price. 

The whales’ activity is another factor worth observing. The popular X user Ali Martinez revealed that large investors had accumulated 520 million XRP (worth over $1.2 billion at current rates) during the latest dip. 

Such actions reduce the circulating supply of the asset, possibly setting the stage for a rally (should demand keep its level or rise).

Last but not least, we will focus on XRP’s Relative Strength Index (RSI), which measures the speed and change of price movements. The technical analysis tool varies from 0 to 100, with readings below 30 indicating oversold conditions and a potential for a bounce. Earlier this week, the ratio plunged below the bullish mark, currently set at around 35. 

Bonus: Garlinghouse and Trump

The president of the USA, Donald Trump, started his second term at the White House with a bang, signing numerous executive orders and doubling down on his focus on the cryptocurrency industry. He reportedly plans to establish a crypto advisory council that may be comprised of some well-known names. 

One of the people who could find a place there is Ripple’s CEO, Brad Garlinghouse. The advisors’ main role will be to design a comprehensive regulatory framework for the sector and work closely with Trump and David Sacks (whom the president tapped to serve as cryptocurrency and AI “czar”). 

Garlinghouse’s possible connection with the White House could have a significant impact on Ripple’s native token. He might advocate for clearer regulations surrounding the asset, which has faced scrutiny from the US Securities and Exchange Commission (SEC) for years.

Ripple’s CEO and the American president have shown a close connection to each other, having a dinner meeting at the Mar-a-Lago estate earlier this year.

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