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SafeWallet Announces Updated Application for Secure Cryptocurrency Management

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[PRESS RELEASE – Dubai, UAE, October 2nd, 2024]

SafeWallet, a leading non-custodial cryptocurrency wallet, has released an updated version of its app. This release enhances functionality and security, allowing users to manage digital assets more effectively. Trusted by thousands.

What’s New in SafeWallet?

The updated SafeWallet brings a number of improvements and new features. The application supports the most popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tron (TRX), and many other tokens. They constantly expand the list of supported assets, adding new tokens as they become popular. The app also includes smooth animations that improve user experience, making asset management more intuitive and visually engaging.

One of the key updates is the addition of new tools for asset management. Users can now track their investments, analyze current rates and forecasts, and perform Ethereum blockchain exchanges with minimal fees. SafeWallet is integrated with leading decentralized exchanges, allowing users to trade cryptocurrencies without trusting their assets to centralized platforms.

Convenience and Usability

SafeWallet is designed for both beginners and experienced users. The app now offers customizable features: users can manage token displays, change token order, address placement, and even rename tokens, tailoring the app to their preferences.

SafeWallet provides users with the ability to flexibly manage the appearance of the application. On the token homepage, users can enable or disable token displays, change their order, manage the placement of addresses within each token, and even rename them. This makes the app experience highly customizable, allowing each user to tailor the interface to their preferences.

Additionally, SafeWallet makes cryptocurrencies accessible to everyone, regardless of knowledge or experience. The company is actively developing educational materials to help users better understand how blockchains, tokens work, and how to safely use these technologies in everyday life. The app includes detailed instructions and tips for working with cryptocurrencies, making it an ideal choice for beginners.

SafeWallet offers users a unique feature to generate personalized addresses on the TRC-20 network. When creating an address, users can choose the last three characters, making their address unique and memorable. This not only adds an element of individuality but also provides a convenient way to identify wallets during transactions.

Security and Privacy

Security is SafeWallet’s top priority. Unlike other wallets, SafeWallet does not require KYC, allowing users to remain anonymous while fully controlling their private keys. This prevents third-party access and ensures privacy.

SafeWallet uses advanced encryption to protect data and transactions, minimizing risks associated with cryptocurrency theft or loss. The application is continuously evolving, with the team regularly introducing new technologies to further enhance user security.

Support and User Interaction

The SafeWallet team is committed to providing top-notch customer service. Users can rely on round-the-clock support via chat and email. In case of any questions or issues, the support team will promptly resolve them, which is especially important for those just getting started in the world of cryptocurrencies.

SafeWallet is also building an active user community, giving them access to forums, discussions, and the latest crypto news. This allows users to stay up to date with the latest trends and events in the digital asset world while sharing their experiences and knowledge.

Additionally, SafeWallet has integrated Wallet Connect, which allows users to easily connect to decentralized applications and interact with DeFi services directly from the wallet, simplifying the process of working with various blockchains and platforms.

SafeWallet’s Future Plans

SafeWallet is actively working on further development and plans to introduce even more features in the near future. Planned improvements include expanded support for additional cryptocurrencies, the ability to use multi-signatures to enhance transaction security, and integration with decentralized financial tools (DeFi).

The company also plans to introduce new market analysis tools that will allow users to make more informed decisions about managing their assets. SafeWallet aims to become not just a storage wallet for cryptocurrencies, but a full-fledged platform for interacting with the financial products of the next generation.

Secure Solution

SafeWallet strengthens its position as a trusted, non-custodial wallet. With each update, it becomes more functional, providing full control over assets and reducing risks from centralized platforms. Through innovation and constant improvement, SafeWallet remains a reliable solution for secure cryptocurrency management.

About SafeWallet

SafeWallet is an innovative non-custodial cryptocurrency wallet that offers users full control over their digital assets. The wallet supports a wide range of cryptocurrencies and allows users to securely conduct transactions without third-party involvement. SafeWallet was created with the goal of providing a simple and reliable tool for anyone who wants to manage their crypto assets safely.

Website – https://safecryptowallet.io

X – https://twitter.com/intent/follow?screen_name=safewallet_io

Telegram User – @SafeWalletCommunity

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Cryptocurrency

BONK Explodes by 20% Daily as Bitcoin (BTC) Remains Solid at $108K: Weekend Watch

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Bitcoin’s stagnation continues as the asset has made little to no attempt to move away from the $108,000 level.

While most larger-cap alts have produced insignificant gains, TON and BONK have emerged as the biggest gainers on a relatively calm Sunday morning.

BTC Calm at $108K

It has been a quiet period for the primary cryptocurrency. In fact, the latest major price moves came about two weeks ago – on June 23 and 24 – when it dumped to $98,000 before it soared past $105,000 a day later as the Middle East war was going rampantly.

Ever since then, though, the asset has been stuck in a tight trading range between $105,000 and $110,000. It tested the lower boundary on Wednesday, where the bulls stepped up and pushed it south toward the upper one.

On Thursday, BTC showed signs of a breakout attempt when it spiked to a multi-week peak of $110,500, but the bears stepped up at this point and didn’t allow a surge to a new all-time high.

The landscape has been somewhat unchanged since then, as bitcoin quickly returned to $108,000 and has not moved from that level for a few days. Its market capitalization stands strong at $2.150 trillion, while its dominance over the alts is at over 63% on CG.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

BONK on the Run

As the graph below will demonstrate, most larger-cap alts are slightly in the green on a daily scale. Such minor increases are evident from the likes of ETH, BNB, SOL, TRX, DOGE, ADA, BCH, LINK, and XRP. In contrast, HYPE and PI have lost some traction over the past 24 hours.

The biggest gainers are TON and BONK. The former has risen by over 9% and sits at $3, while the meme coin has exploded by 20% and now trades at $0.000022.

The cumulative market cap of all crypto assets has remained relatively stable at $3.4 trillion on CG.

Cryptocurrency Market Overview. Source: QuantifyCrypto
Cryptocurrency Market Overview. Source: QuantifyCrypto
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Cryptocurrency

XRP Price Builds Bullish Momentum: Watch This Resistance Level Closely

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TL;DR

  • Ripple’s cross-border token had a stellar Q4 24 and early Q1 25 but stalled in the following months, and its consolidation phase has not ended yet.
  • However, analysts are adamant that the asset can unlock major gains, as long as it reclaims a key resistance level.

Basing his analysis on XRP’s UTXO, Ali Martinez determined that this pivotal level is situated at $2.38, where the fourth-largest cryptocurrency faced several rejections in the past few months. However, a conclusive breakout above it could send the token flying, he added.

Shortly after, the analyst with almost 140,000 followers on X indicated that XRP can surge to $2.6 as long as it reclaims $2.33.

BitGuru also outlined the significance of the same two major resistance lines, saying the asset was rejected at the lower one after it confirmed an “inverse head and shoulders and triple bottom pattern.”

With XRP now testing the $2.23 support, the doors open for a surge back to $2.33 as long as it can remain above it, BitGuru added.

Elite Crypto’s analysis is similar to that of Martinez, as they noted that XRP is “showing a strong bullish setup.” They added that “the price is consistently respecting the horizontal support and now approaching the downtrend resistance.”

The analyst predicted that a breakout from this obstacle could result in a massive price surge for Ripple’s token, perhaps to and above the $3.4 all-time high.

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Cryptocurrency

Ethereum Price Fell 2% In June But Has These 4 Bullish Signs Going Into July

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June was a lackluster month for crypto market gains amid global uncertainty looming over international tariff policy and the future direction of US central bank rates.

US Stocks Outpaced Ethereum In June

For the 30 day window ending Friday, Jun. 27, the S&P 500 Index gained +4.25%.

The push overcame serious resistance from the tariff nail biters and took the broad US stock benchmark to a historic record close Friday.

But after running from $76,200 on 4/8 to $111,600 on 5/22, a +46% gain in a little over a month, Bitcoin’s price took some time to cool down in June. The cryptocurrency charted minor gains, which could be seen as a positive in the face of massive international turmoils and geopolitical shocks.

Meanwhile, Ethereum corrected by 24% before bouncing off the Jun. 22 support to finalize a 2% loss for the 30 days ending Friday, Jun. 30th. So does ETH have a problem that Bitcoin doesn’t?

Not really.

Ethereum is a smaller currency by market cap, about 14% of Bitcoin’s size. Traders still perceive it as a more speculative bet. So it tends to move in the same direction as BTC — by larger percentages.

That means on the way down, losses are frequently greater. But on the way up, gains are often greater too.

For example, during the crypto market’s rally from early April through early June, Bitcoin made a +46% gain. But during the same rally, Ethereum gained +100%, rising from the $1,400 handle to the $2,800 level.

Bitcoin and Ethereum Rainbow Charts

Double rainbow all the way across the sky?

Bitcoin is by and large the biggest leading indicator for the rest of the crypto market’s prices, including Ethereum. It appears to have a long ways to go before topping out this year or next.

Based on popular and authoritative analysts’ price targets for Bitcoin in 2025, it’s pacing to enter July and Q3 at 50% to 66% of its peak price before this cycle is over.

That means it could double or gain by half again its June price levels before the year is over.

Standard Chartered, Bernstein, Galaxy Digital, and Peter Brandt all expect $150,000 to $200,000 for BTC sometime in the next six months.

Bitcoin’s long-term price trend rainbow chart confirms these projections.

Meanwhile, Ethereum’s own long-term trend chart is shaping up to signal a three-peat of a multi-year trend.

If it happens the way it did the last two major market cycles, this Ether prices could be primed to rise by more than Bitcoin’s during the next big monthly rally.

Screenshot 2025-07-06 at 10.07.12
Source: X

If it turns out to be Bitcoin’s final push for its peak on this cycle as market watchers expect, Ethereum’s gains could signal the start of this cycle’s alt season in meme coins and Layer 2 app tokens.

In addition to the market technical setup for ETH prices in Q3, here are four further bullish signals supporting the leading smart contract platform’s price gains in July.

1. Who Will Win Ethereum L2 Fee Wars?

Ethereum’s price has taken time to absorb the shock of the Dencun upgrade on Mar. 13, 2024.

The upgrade lowers rates for Layer 2 apps to lock in tranches of transaction updates with the base layer chain.

In the 15 months since, developers have deployed a number of new apps with currencies that offer Ethereum services for lower fees.

The base chain’s fee revenue dropped from $30 million annually to $500,000 by Q1 of this year.

That saves users money, but a lot of Ethereum stakers who had their money parked in staking contracts to earn that fee revenue felt inclined to move it somewhere that it could still earn returns on their savings.

This is a massive factor in Ethereum’s sluggish price growth compared to Bitcoin’s over the past year. But it’s not that the latter is falling behind its competitors like Solana and Ripple.

When factoring in the growth of the post-Dencun L2 coins on Ethereum— like Mantle (MNT), POL (POL), Arbitrum (ARB), Optimism (OP), Movement (MOVE), and Starknet (STRK)— the money mostly didn’t leave Ethereum and go to its competitors. It went to another layer, powered by and supporting the base chain.

For that reason, Ethereum may be undervalued by a large number of the cryptocurrency market’s headline readers that don’t understand what happened.

Ethereum Identity Crisis?

Some have referred in the mean time to this awkward stage in Ethereum’s growth as an identity crisis. It’s an open platform and anyone can build on it in any way that the code can handle.

The question for Vitalik Buterin and crypto market investors who show up to value early is:

Will one of the slew of Ethereum scale and fee apps, some new app we haven’t heard of yet, or an upgrade be what implements the best ultra long term, future proof, platform-wide standardizations that define the network’s global advantages?

Find the answer to that question and you’re doing some real work.

2. SharpLink $30M ETH Buy

In another positive development, the corporate treasury race that started for Bitcoin supplies continues to rock the Ethereum markets.

SharpLink Gaming, bought another $30 million worth of ETH just before the Ether price chart threw a small cup and handle pattern. But why does this matter? Well, let’s see what happened to STrategy.

Led by founder and executive chairman Michael Saylor, Tyson’s Corner, Virginia-based Strategy Inc. and Bitcoin have both benefited from the company’s pivot in 2020 to simply pile up as much BTC as it can hold on to forever.

As a result of the cryptocurrency’s increasing popularity with investors since then, MSTR stock rallied 566% in under 11 months from $63 per share on Jan. 5, 2024 to a price peak of $420 on Nov. 22, 2024.

Over that same time, the S&P 500 Index rallied 27% from the 4697 level to 5969.

Every $100 spent on Strategy stock on Jan. 5 last year could be sold for $666 dollars on Nov. 22, paying back buyers $566 for saving their $100 with MSTR shares for a term of 11 months.

That’s like a downpayment on a new car lease with a high credit score.

Meanwhile, $100 spent on an S&P 500 ETF would have returned buyers $27. That’s more like a cheap dinner out for two. All for the same hundred bucks and the same 11 months.

That suggests regulated Wall Street investors wanted on to the Bitcoin bandwagon and found a way in Strategy stocks. Seeing the bullishness of corporate finance, Internet crypto markets were now racing Strategy to accumulate a scarce supply of BTC tokens.

Now, SharpLink is doing it again with ETH. The company’s stocks spiked over 8 days in late May from $3.76 per share to just under $80 a share as Wall Street rewarded the former gaming company for pivoting to accumulating a regulated corporate Ether treasury.

3. $39M ETH Whale Bite

Meanwhile, an Ethereum whale took a $39 million chomp out of the crypto dip on 6/22.

Ethereum’s forward outlook was too good for this whale not to bite at that 24% off discount tag.

Every token is a vote with a daily trading value that fluctuates on a global open market of crypto exchanges. Participants “vote” by locking, unlocking, moving, and swapping currencies, as often as they like, any time they like.

When crypto investors take Ether tokens off a crypto exchange, the remaining supply of ETH tends to attract higher prices at the point of sale. But when they stake ETH for yield, it creates even more support.

4. Bit Digital Drops $34M BTC for ETH

Not to be outdone by SharpLink, publicly traded, New York-based blockchain company Bit Digital, announced on 6/25 it is giving up $34 million worth of BTC tokens to move the proceeds into Ether and develop staking strategies.

They might profit well from determining in advance of the overall market which of the Ethereum scale and fee coins will deliver the most yield and gains together over timespans relevant to their balance sheet and calendar.

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