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Bitcoin Dogs Raises Over $11.5 Million and Enters Final 24 Hours

London, United Kingdom, March 15th, 2024, Chainwire

With over $11.5 million already raised in under 30 days, Bitcoin Dogs’ buying is now entering its final 24 hours of its presale.

News of the first ICO on the Bitcoin Blockchain have been circulating online, resulting in extensive coverage in the media, and with both the game beta and the 10,000-strong NFT collection due for release in Q2, the team behind the project has set a rapid pace.

The final token price is $0.0404 and reflects the last pricing tranche, which is 169% higher for those who bought in stage 1 of the presale.

Bitcoin Dogs: The V8 Under the Hood

Put simply, Bitcoin Dogs is an NFT collection and a PVP game, with a carefully thought of unique concept.

Not only does it take inspiration from some of the most successful gaming projects we’ve seen (Axie Infinity, Xpet, and Bitcoin Cats), but it has also similar characteristics that saw historic prices from NFT collections like BAYC and CryptoPunks.

The 0DOG utility token is on BRC-20: a brand-new type of cryptocurrency tech built on Bitcoin. BRC-20 introduces an experimental fungible token standard using ordinal inscriptions on the Bitcoin blockchain, pushing the boundaries of digital asset tokenization.

Bitcoin Dogs has demonstrated the evident appetite with which new projects embracing the latest blockchain technologies can capture the imagination.

According to the company, token holders will be looking forward to the opportunity to see a second movement, given that the 10,000-strong Bitcoin Dogs NFT collection will be exclusively available for those holding 0DOG tokens and is due to launch in Q2 this year, effectively doubling down on the Q1 launch of the token.

A Chapter In Blockchain History

According to the company, owning 0DOG tokens is a chance to own a piece of blockchain history as the first ICO of its kind. Immutable and unique, this can’t be replicated.

The traction and tongue-in-cheek power of the brand, as well as its long-term potential to influence both the blockchain gaming space and possibly revitalize the NFT market, have seen an outpouring of attention from the crypto community.

Invezz.com captured this sentiment by saying, “all of this makes Bitcoin Dogs our highest-rated token this year. The first BRC-20 presale won’t be the last, and the BTC blockchain could become the preeminent crypto ecosystem. Bitcoin Dogs is a great way to get in on the ground floor of this new wave of altcoins built on Bitcoin.”

Bitcoin Dogs boasts a 110,000+ strong X community and the team hopes that the project has captured enough attention from the ecosystem to start it’s journey.

About Bitcoin Dogs

Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders.

0DOG is available to buy on the Bitcoin Dogs Website

For more information and to buy Bitcoin Dogs (0DOG), visit the website.

Official Website | Whitepaper | Socials

Contact

Bitcoin Dogs
Bitcoin Dogs Team
marketing@bitcoindogs.club

March 15, 2024
Dogecoin (DOGE) and Shiba Inu (SHIB) Tycoon Purchases $100,000 A.I Token Option2Trade (O2T) For 1000x Gains
In an astonishing move that has sent ripples across the cryptocurrency market, a tycoon known for their significant holdings in Dogecoin (DOGE) and Shiba Inu (SHIB) has made a strategic investment of $100,000 into Option2Trade (O2T), the burgeoning A.I-driven trading platform. This investment is not just a testament to the tycoon’s confidence in Option2Trade (O2T) but also signals a potential shift in the focus of investors from meme-centric cryptocurrencies to those offering innovative technological solutions and potential for exponential growth, such as the 1000x gains projected for Option2Trade (O2T).

Join Option2Trade Presale Now

A Bold Move Towards Innovation

The decision to invest a hefty sum into Option2Trade (O2T) by a prominent figure in the Dogecoin (DOGE) and Shiba Inu (SHIB) communities highlights a broader trend among cryptocurrency investors. While Dogecoin (DOGE) and Shiba Inu (SHIB) have enjoyed immense popularity, bolstered by social media trends and celebrity endorsements, the move towards Option2Trade (O2T) underscores a growing appetite for investments that combine the allure of high returns with the cutting-edge potential of artificial intelligence in trading.

Why Option2Trade (O2T) Stands Out

Option2Trade (O2T) distinguishes itself by leveraging artificial intelligence to optimize trading strategies, offering users an unprecedented level of insight and efficiency in their trading endeavors. This approach has marked Option2Trade (O2T) as a leader in the evolution of cryptocurrency trading platforms, moving beyond the novelty of meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) to a realm where technology drives value and potential.
1. Innovative Technology: Option2Trade (O2T)’s use of A.I. in trading represents a significant leap forward, promising to enhance the decision-making process and potentially yield higher returns for its investors.
1. Growth Potential: With a visionary outlook towards harnessing A.I for trading, Option2Trade (O2T) has positioned itself as a platform with the potential for 1000x gains, attracting investors seeking substantial growth.
1. Diversification Opportunity: For holders of Dogecoin (DOGE) and Shiba Inu (SHIB), the investment in Option2Trade (O2T) offers a strategic diversification, balancing the whimsical appeal of meme coins with the solid, technology-driven prospects of Option2Trade (O2T).
1. Market Sentiment: The move by a recognized Dogecoin (DOGE) and Shiba Inu (SHIB) investor into Option2Trade (O2T) may influence market sentiment, encouraging others to explore beyond the boundaries of meme coins and into more technologically advanced platforms.
Join Option2Trade Presale Now

Implications for Dogecoin (DOGE) and Shiba Inu (SHIB) Investors

This significant investment in Option2Trade (O2T) sends a clear message to the Dogecoin (DOGE) and Shiba Inu (SHIB) communities: the future of cryptocurrency investing may increasingly lie in platforms that offer not just community and meme value but also tangible, technology-driven growth potential. As investors begin to recalibrate their portfolios, the interest in Option2Trade (O2T) could herald a new era for cryptocurrency investments, where innovation and utility take center stage.

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Conclusion: A New Chapter in Crypto Investing

The investment by a Dogecoin (DOGE) and Shiba Inu (SHIB) tycoon into Option2Trade (O2T) marks a pivotal moment in the crypto world, underscoring a shifting tide towards investments in platforms that offer revolutionary technological solutions and the promise of substantial returns. As the cryptocurrency market continues to evolve, the focus on artificial intelligence and its application in trading, as exemplified by Option2Trade (O2T), is poised to redefine the landscape of digital asset investments. This move not only highlights the potential of Option2Trade (O2T) but also illustrates the dynamic nature of crypto investments, where the search for the next big opportunity is always underway, guided by the twin stars of innovation and growth potential.

For more information on the Option2Trade (O2T) Presale:

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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
March 14, 2024
Binance Investors Enter New 100X Meme, Binance Coin (BNB) Whale Splits Meme Bag
In the dynamic tapestry of the cryptocurrency market, where shifts in investor sentiment can herald the rise of new titans, a compelling narrative is unfolding. Shiba Budz (BUDZ), a nascent meme coin with audacious aspirations, is rapidly gaining traction among the crypto elite, including Binance Coin (BNB) whales. This burgeoning interest is punctuated by a significant development: a Binance Coin (BNB) whale has made the strategic decision to diversify their meme coin holdings, signaling a potent endorsement of Shiba Budz (BUDZ) as a potential 100X investment. This move underscores a broader trend within the Binance investor community, where Shiba Budz (BUDZ) is increasingly viewed as an essential addition to any diversified meme bag.

Shiba Budz (BUDZ): Capturing the Imagination of Binance Coin (BNB) Investors

Shiba Budz (BUDZ) emerges in the crypto scene not merely as another meme coin but as a symbol of innovation and potential within the meme coin market. It offers a unique blend of humor and utility, aiming to transcend the typical boundaries associated with meme tokens. This approach has resonated with Binance Coin (BNB) investors, renowned for their savvy investment strategies and keen eye for tokens that offer both entertainment and growth potential.

The Strategic Diversification of a Binance Coin (BNB) Whale

The decision by a Binance Coin (BNB) whale to split their meme bag and allocate a significant portion to Shiba Budz (BUDZ) is a testament to the shifting dynamics in the meme coin sector. This move is not just about spreading risk; it’s a calculated bet on the explosive growth potential of Shiba Budz (BUDZ). For other Binance Coin (BNB) investors, this strategy serves as a beacon, guiding them towards exploring Shiba Budz (BUDZ) as a viable component of their investment portfolios.

Why Binance Coin (BNB) Investors Are Drawn to Shiba Budz (BUDZ)
1. Growth Prospects: The allure of Shiba Budz (BUDZ) lies in its potential for exponential growth, reminiscent of early successes within the Binance ecosystem. Binance Coin (BNB) investors, always on the hunt for the next big thing, see Shiba Budz (BUDZ) as a promising avenue for significant returns.
2. Community Engagement: Shiba Budz (BUDZ) has cultivated a vibrant community, a crucial element for the success of any meme coin. This community-centric approach mirrors the ethos of the Binance Coin (BNB) ecosystem, making Shiba Budz (BUDZ) an attractive prospect for Binance investors.
3. Innovative Utility: Unlike many meme coins that lack a clear utility, Shiba Budz (BUDZ) proposes to integrate practical applications within its ecosystem. This innovation is particularly appealing to Binance Coin (BNB) investors, who value tokens that combine entertainment with functionality.
4. Market Sentiment: The buzz around Shiba Budz (BUDZ) and its endorsement by a Binance Coin (BNB) whale has positively influenced market sentiment, encouraging more Binance investors to consider adding Shiba Budz (BUDZ) to their portfolios.
5. Diversification Strategy: The volatile nature of the crypto market necessitates a diversification strategy. Binance Coin (BNB) investors see Shiba Budz (BUDZ) as an opportunity to diversify within the meme coin niche while capitalizing on potential upside.
The Path Forward for Shiba Budz (BUDZ) and Binance Investors

The endorsement of Shiba Budz (BUDZ) by a Binance Coin (BNB) whale and the growing interest from the Binance community mark a significant milestone in the journey of Shiba Budz (BUDZ). As it gains momentum, the relationship between Shiba Budz (BUDZ) and Binance investors is poised to evolve, potentially catalyzing further growth and acceptance within the broader cryptocurrency ecosystem.

Conclusion

The entry of Binance investors into the Shiba Budz (BUDZ) fray, highlighted by the strategic diversification of a Binance Coin (BNB) whale, signals a new era for meme coins. Shiba Budz (BUDZ) stands at the precipice of potential breakthrough success, buoyed by the support of one of the most discerning communities in the crypto space. As Shiba Budz (BUDZ) continues to navigate the complexities of the market, its journey alongside Binance Coin (BNB) investors will undoubtedly be one to watch, offering insights into the evolving dynamics of investment in the meme coin sector.

For more information on the Shiba Budz (BUDZ) Presale:

Presale Website: SHIBA BUDZ (BUDZ)

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Join and become a BUDZ member:

Telegram: https://t.me/ShibaBudzP2E

Twitter: SHIBA BUDZ “$BUDZ” (@ShibaBudz) / X

Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
March 14, 2024
Antler Interactive to Showcase Their Latest Creation, Cloudborn, at GDC
Stockholm, Sweden, March 14th, 2024, Chainwire

Antler Interactive is bringing their latest creation, Cloudborn – A Web3 PC RPG with a sprinkle of MMO – into the limelight at GDC 2024. The turn-based battler set in a fantasy sky island realm is poised to take immersive gaming experiences to new heights by intertwining cutting-edge technology to create enchanting gameplay.

The game births a seamless blend of strategic gameplay similar to Raid Shadow Legends and the accessibility of the Zelda franchise to create a turn-based RPG like no other. But that is where similarities end. Cloudborn is at the forefront of dynamic gameplay experiences, melding web3 technology and AI to create responsive worlds and gameplay, ultimately owned by the players. With tradeable NFT characters that develop in attributes and personality from the direct actions of the player, Cloudborn is taking immersive and player-owned experiences to the next level.

Antler Interactive, the creators of My Neighbor Alice, describes the game as one where players strategize in turn-based battles and players roam an ever-evolving world shaped by their actions. The beauty of the game is in how it utilizes the next-generation tech stack to create dynamic worlds and unique characters, whose attributes and personalities change according to players’ direct actions, creating a truly unrivaled gaming experience.

Which then are ultimately owned by the player, giving them full autonomy over their experiences. users can check out the Cloudborn game trailer and be impressed for themselves.

Cloudborn’s main features:
- Dynamic World Building: The Cloudborn verse adapts and changes at the whim of the player, as every action has true consequences on the game’s environment, all possible through advanced AI integrations
- Evolving Characters: playable and non-playable characters evolve based on players’ interactions. These changes stick with the characters even after trading with other players via NFT metadata. Characters you inherit from others will remember their past, for better or worse. Any bonds or rivalries get passed on even after trading.
- True Ownership: harnessing web3 technology, Cloudborn is giving players true ownership and autonomy over their experiences
- Strategic Turn-Based Battles: Plan your battles with your army of character cards. Your character lineup and positioning matter on the battlefield.
- Free Travel & Airship Base Management: The world of Miyunu is yours to explore. Take your customizable airship and explore the floating islands, upgrading your base as you go
Cloudborn will be accessible through the ownership of their in-game digital assets, which can be bought or leased, and will run on the Chromia blockchain.

Taking place on fantasy islands in the clouds, Cloudborn is a story of old. According to legend, over a millennia ago a universe-shattering war between 2 godlike powers, leaving behind a fragmented world of sky-islands corrupted the remnants of the war. Players are left to traverse through the skies on their mission to unravel the mystery of the conflict and explore beyond the known.

The Cloudborn verse is powered by a unique blend of AI and web3 technology, that has the sole purpose of elevating the gaming experience. Through AI, Cloudborn boasts a dynamic world-building experience, by which the gaming environments and characters react and develop in real-time based on player actions, giving rise to a deeper, unique gaming experience. As Oliwer Svensson, Chief Creative Director of Antler Interactive, says “It’s not just binary data, but rather it’s unpredictable characteristics that are created by AI that molds your character”. Gameplay is further enhanced by blockchain technology, as characters, items, and progression are in full control of the player.

What makes Cloudborn truly special is how it elegantly intertwines the 2 technologies in a harmonious symphony by which gameplay is not only personalized and immersive but carries intent. Lenny Pettersson, CEO of Antler Interactive puts it beautifully, as he believes in using this new technology “as a paintbrush to create great and unique things.” Whether you are picking up Cloudborn for a casual play-through, or to get into the nitty-gritty of strategic gameplay and theory crafting, you are sure to be greeted with a gaming experience like no other – quite literally.

Cloudborn will be demoed next week at GDC 2024, from the 20th to the 22nd of March at the Inworld Booth (2-6 pm, March 20th), and the BGA Booths (all day, March 22nd). Players can access more information on the game through their Twitter, Telegram, and Discord channels.

About Anter Interactive

Antler Interactive is a Swedish gaming studio renowned for its innovative approach to gaming. Focusing on cutting-edge technologies, Antler Interactive strives to create immersive and involving experiences that captivate players worldwide. Antler, a multi-award-winning gaming studio, won the Binance Launchpool project of the year for My Neighbor Alice. Antler Interactive is a subsidiary of ChromaWay. More information can be found at antlerinteractive.com and cloudborn.game.

Contact

PR Manager
Ramsey Shallal
Antler Interactive
ramsey@gelocubed.com
March 14, 2024
Taki Games and Genopets Accelerate Mainstream Adoption of Web3 on Solana with “Genopets Match”

Taki Games, a leading social gaming network enabling real money rewards, has announced a partnership with Genopets, one of the top “move-to-earn” games in the Solana ecosystem.

According to the announcement, Genopets Match will be released on April 2024, joining Taki’s fast-developing portfolio of Web3-branded mobile games on the Solana blockchain, which includes popular titles such as Puzzle Smoofs, Game7 Food Fighter, and Pac-Cats.

Merging Mainstream Gaming With Web3

Taki Games is on a mission to bring billions of traditional mobile gamers into the Web3 space through its Solana-based decentralized gaming network. By altering the dynamics of popular mobile games with tokenized rewards and asset ownership, Taki aims to provide a more rewarding experience for gamers while creating new revenue streams for developers.

“Our mission is to bring mainstream gamers into crypto by becoming Web3’s Zynga, We’re excited to partner with one of the pioneers in move-to-earn gaming, which was one of the major catalysts of mainstream adoption in the last bull market,” said Taki Games CEO Weiwei Geng regarding the partnership.

Furthermore, driven by the popularity of games like Axie Infinity, Taki Games is leading the “play-to-earn” (P2E) gaming movement. In addition, Taki has improved the P2E model with its novel “Takinomics” framework, which is intended to prevent hyperinflation of tokens and guarantee that participants receive an equitable portion of the rewards.

At the heart of Takinomics is Taki’s native, TAKI token, which employs a cutting-edge “buy-and-burn” method to preserve value and encourage players to make money while increasing engagement with their favorite games, which is the central component of Takinomics.

Taki’s Growth and Tokenomics Success

Since pivoting to Web3 gaming last year, Taki Games has witnessed incredible growth. According to Dappradar, it is presently ranked in the top 70 dApps across all blockchain networks and among the top 15 dApps on the Polygon ecosystem.

Taki’s tokenomics model’s success is evident in the TAKI token’s strong performance, which recently witnessed a daily trading volume surging from less than $300,000 in December 2023 to over $13 million by late February. Moreover, more than 1 million TAKI tokens have been brought back and burned, according to Dune Analytics.

Genopets: A Trailblazer in Move-to-Earn Gaming

With one of the most active player communities in the Solana ecosystem, Genopat has become a pioneer in the move-to-earn gaming world. The game gives users a wide range of customization and evolution choices to help them care for and raise their NFT-based virtual pets

With that being said, the collaboration between Taki and Genopets shows how Web3 technology can revolutionize traditional gaming. Through the integration of captivating gameplay and blockchain ownership, developers may generate greater value for both themselves and the players.

“For the past two years, Genopets has grown one of the largest most active communities in the Solana ecosystem. We’ve helped live a more active, rewarding lifestyle by growing and evolving their digital pets,” said Jay Chang of Genopets. “We’re excited to partner with Taki Games to bring the next wave of mainstream gamers into the next generation of Web3 gaming.”

Wrapping up

This partnership between Taki Games and Genopets marks a pivotal move in integrating mainstream gaming with Web3 technologies, promising a future where gaming is not only about entertainment but also about earning through play, setting a new precedent in the industry.

March 14, 2024
Dogecoin (DOGE) Price Predictions vs Shiba Inu (SHIB) vs InsanityBets (IBET) – Analysts Pick Top Gainer

Dogecoin (DOGE) price is predicted to hit $1 this bull run, but what about Shiba Inu price forecasts? And how does that compare to new coins like InsanityBets?

Our analysts dig deep into why the price is predicted to shoot up for InsanityBets, disclosing big competitors that have a market cap 600x bigger than it does with a lot less blockchain innovation.

Dogecoin (DOGE) Price and Shiba Inu (SHIB)’s Price As Meme-Coins Look Big

One of the biggest influences on the value of the Dogecoin (DOGE) cryptocurrency, Elon Musk, shared an image of his dog called Floki in the theme of the new CEO of Twitter.

The tweet was posted on March 13, 2024, and since then, the value of DOGE has increased.

Moreover, Lookonchain revealed that an inactive wallet suddenly transferred 326,400,000 DOGE, worth $28.16 million.

Based on this, we saw a lot of movement for the DOGE cryptocurrency, which increased by 5.84% within the last seven days.

Shiba Inu (SHIB) became accepted by the Canadian University in Dubai, which will now accept Shiba Inu (SHIB) cryptocurrency as a payment method for fees. All of the cryptocurrencies are supported by Binance Pay.

There is also hype surrounding the project due to the potential Shibarium launch, where SHIB was the third most-used smart contract among the top 2,000 ETH whales as of March 13, 2023, as shared by WhaleStats.

As a result, SHIB increased by 14.52% in the last seven days.

InsanityBets (IBET) and It’s New Concept In the Blockchain Space

InsanityBets blurs the lines between gaming and owning, offering a unique CasinoFi and GameFi experience powered by blockchain. Here, being part of the game means more than just playing; it means shaping the future of gaming itself.

Unlock the Presale Potential: Start your journey with $IBET at a presale price of $0.001, aiming for an explosive growth to $0.018. This presale isn’t just about buying in; it’s about winning big, with tokenomics that ensure sustained excitement and value.

Fair Play, Always: With the precision of Chainlink VRF, every game on InsanityBets is a testament to fairness and integrity. Here, every draw, every roll, and every bet is underpinned by transparency.

Invest in the Thrill: Through the Insane Liquidity Pool ($ILP), your bets transform into investments, yielding real returns from the dynamics of gameplay. 90% of the house’s profits are returned to $ILP holders, turning each bet into a potential source of income.

InsanityBets invites you to be part of a gaming revolution, where every play is a step towards a thrilling, fair, and rewarding future. Ready to make your mark?

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Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

March 14, 2024
io.net Becomes First Cloud Service Provider to Support Apple Silicon Chip Clustering for Machine Learning

io.net has become the first provider to harness the incredible power of Apple’s silicon chips for machine learning applications. By enabling the clustering of thousands of Apple’s processors, io.net is ushering in a new era of accessibility and affordability for artificial intelligence and machine learning.

io.net leads the charge in machine learning innovation

The key to this breakthrough lies in Apple’s latest M3 chip, which packs an astonishing 92 billion transistors and a 40-core GPU that currently outperforms NVIDIA A100-80GB graphics cards. With an enhanced Neural Engine capable of 18 trillion operations per second, the M3 is perfectly suited for deploying and inferencing powerful AI models.

“We are thrilled to be the first cloud service provider to support Apple chips for machine learning, this is a massive step forward in democratizing access to powerful computing resources, and paves the way for millions of Apple users to earn rewards for contributing to the AI revolution.”
—Ahmad Shadid, founder of io.net.

By tapping into the global installed base of over a billion Apple devices, io.net’s “Internet of GPUs” opens the floodgates to a vast new pool of distributed computing resources. Apple owners can now put their idle chips to work with just a few clicks, simultaneously aiding AI development and lining their pockets.

But the M3 is just the beginning. io.net seamlessly supports Apple’s entire current and upcoming silicon lineup, from the M1 through M3 families across their standard, Pro, Max, and Ultra variants. This architectural play allows machine learning engineers to harness the ideal chip for their performance and efficiency needs.

The M3’s memory architecture with up to 128GB capacity gives it an edge over even premium data center GPUs like the A100. Also, with Apple’s Unified Memory and industry-leading power efficiency, the network can deploy incredibly potent yet green AI clusters.

Cost-effective infrastructure as a game-changer for AI development

Such scalable, eco-friendly, and cost-effective infrastructure is a game-changer for AI development. From self-driving cars to protein modeling, the accelerated computing unlocked by io.net could propel breakthroughs across AI’s vast domain.

Corporate machine learning teams can spin up decentralized, geo-distributed clusters on io.net in seconds and at a fraction of typical cloud costs. That democratizing accessibility could level the playing field for AI innovation.

For the Apple faithful, the prospect of cashing in their devices’ dormant potential while aiding transformative technological progress is a tantalizing proposition. By empowering its billion-plus user base, Apple may have unwittingly birthed a grassroots AI supercomputer.

Wrapping up

io.net’s platform upgrade leverages Apple’s silicon chips to revolutionize AI and machine learning. This move empowers engineers and invites Apple users to contribute to the largest decentralized GPU network, blending innovation with community participation.

March 14, 2024
Maximizing Profits: The Smart Trader’s Guide to Converting Bitcoin Gains into Fiat

The price of Bitcoin is pushing to new all-time highs, creating profits for traders across the digital asset landscape. While Bitcoin could continue to move higher, crypto is a notoriously volatile market. If you want to cash out some of your crypto gains now for fiat currency, it’s important to find a quick off-ramp that meets your needs.

In the cryptosphere, there are centralized crypto exchanges with built-in cashout mechanisms and decentralized exchanges with an off-ramp. Each has advantages and disadvantages to consider when you want to convert digital assets to cash.

Navigating Crypto Volatility: The Need for Speed

Bitcoin moved to record highs in early March, passing the above $65,000 record last set in November 2021. The rally was largely driven by the successful debut of the first U.S.-listed spot bitcoin ETFs, which received regulatory approval and began trading in January. The fact that one narrative can drive Bitcoin to new heights is encouraging for traders, but it’s also a sign of high volatility for the asset class.

In financial markets, volatility refers to how much an asset price increases or decreases over time. High-volatility assets have larger, more frequent price movements and have the potential for larger gains (and losses) than less volatile assets, such as stocks with high market valuations or certain bonds. Crypto is a relatively new yet rapidly growing market with unique supply and demand dynamics that are influenced by the fixed supply of large assets like Bitcoin, which has a hard cap of 21 million coins.

For example, Bitcoin has experienced over eight 50% price corrections in its 14 years of existence. However, the token has also recovered from those corrections over the course of a full cycle to make new all-time highs, according to data from crypto brokerage firm Caleb & Brown.

The volatility means it’s important to act quickly if you want to move on a certain market narrative. But how can you exchange crypto for cash and deposit those funds into your bank account?

Centralized Exchanges: A Traditional Approach

Centralized exchanges (CEX) act as the middleman in crypto transactions, facilitating the trades between buyers and sellers and providing crypto to fiat exchange services. CEX has easy-to-use interfaces, high liquidity, and a broad range of digital assets and fiat currencies. In exchange, users allow the exchange to hold the private keys for their account. Coinbase, Kraken, and Binance are a few examples of centralized exchanges.

Factors to consider when choosing a centralized exchange include the transaction fees the exchanges charge on each transaction to earn revenue and the types of bank accounts available for withdrawals. For example, some exchanges don’t let you withdraw cash to a debit card.

If your crypto is currently in a non-custodial wallet, you would first need to transfer those funds onto the CEX, which comes with the transaction fees of the blockchain you’re using. You then need to create a Sell order, convert it to cash, and then transfer the cash to your selected payout method. The transfer can take one to two days to process due to a hold period.

Decentralization Exchanges: User-Controlled Assets

A decentralized exchange (DEX) allows for peer-to-peer transactions directly from your non-custodial wallet, where you maintain full control of your private keys and assets. The DEX connects directly to the blockchain without the need for a middleman Ramp offers on- and off-ramp solutions that can be integrated into any wallet that connects to a DEX, allowing users to seamlessly purchase and sell crypto within the wallet. Argent, Trust, and Exodus are examples of popular non-custodial wallet service providers that have integrated Ramp.

Cashing out crypto using Ramp is simple. You create a Sell order that specifies the cryptocurrency and amount you want to sell, review the price quote and fees provided by the platform, and select your preferred payout method. The transfer hits your selected account faster than a centralized exchange since there is no holding period.

CEX vs DEX

There are pros and cons to both the older CEX method and the Ramp-integrated wallets connecting to a DEX.

Centralized exchanges typically offer a wide range of digital assets and fiat currencies, providing flexibility in trading pairs and conversion options. The platforms also tend to have higher liquidity so users can buy and sell larger amounts of crypto without significantly impacting the market price.

On the downside, centralized exchanges hold onto the private keys of user accounts, meaning you don’t have full control over your assets. You risk losing assets to an exchange hack or bankruptcy. Centralized exchanges can also have regional restrictions for buying, selling and withdrawing cryptocurrency.

Decentralized exchanges integrated with Ramp offer a streamlined process for converting crypto to fiat, often within a few clicks directly in the app, making it convenient for users who prioritize ease of use over advanced trading options. You maintain control over your private keys and your funds, removing the risk of exchange hacks and bankruptcies. There’s no need to set up a separate exchange account, reducing the costs of converting crypto to fiat. Ramp has wide availability around the world and offers a growing list of supported payment types.

The range of cryptocurrencies and fiat currencies available for conversion in Ramp wallets might be more limited compared to centralized exchanges. There’s also the potential for higher fees for converting and transferring the funds, particularly for larger transactions.

A personal choice

Choosing between a CEX and Ramp-enabled DEX depends on your individual needs. If maintaining control over your funds, regional and payment account diversity and decentralization are your priorities, a Ramp DEX might be the better choice.

March 14, 2024
Bitget Blockchain4Her Ambassador Program Is Joined By Web3 Female Leaders

Crypto exchange Bitget has been actively championing support for female users on their journey towards financial empowerment and career advancement through their groundbreaking initiative, Blockchain4Her. Initially revealed during the World Economic Forum in January, Blockchain4Her is aimed at addressing the gender gap in the Web3 industry and providing more opportunities for women to thrive.

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Building on the success of Blockchain4Her, Bitget has taken a significant step forward by launching the Ambassador Program. This innovative program is designed to attract and empower talented women, fostering inclusivity and expanding avenues for women to enter and excel in the industry.

The Blockchain4Her Ambassador Program is designed to improve inclusiveness through a four-pronged approach, which will focus on attracting women to interact with influential peers and explore the Web3 environment. The approaches will include role modeling based on personal stories, networking to provide meetup opportunities and amplify connectivity among female industry up-and-comers, involvement through the B4H Initiative to share experience, and targeted support for promising women striving to become industry leaders and professional contributors to Web3 and blockchain adoption.

Ready to provide guidance and share their expertise, the ambassadors already joined the Blockchain4Her program include Tess Hau, the founder of Tess Ventures, Cecilia Hsueh, the CEO of the Layer 2 ecosystem project Morph, and Yevheniia Broshevan, the Co-founder of Hacken.

The Blockchain4Her Ambassador Program is just one of the many initiatives launched by the Bitget exchange in its strive to expand and equalize opportunities for new entrants into the blockchain industry. Other similar projects include Blockchain 4Youth, which is focused on engaging young generations of users to adopt cryptocurrencies with a $10 million commitment.

March 13, 2024