Beijing has issued a white paper titled “Web3 Innovation and Development White Paper (2023)”, advocating for web3 technology as a crucial component of future internet growth. The Beijing Municipal Science & Technology Commission, which released the document, aims to position Beijing as a global innovation hub for the digital economy. As part of this plan, the Chaoyang district will invest around $14 million annually until 2025. The white paper underscores Beijing’s commitment to bolster policy support and accelerate tech advancements to propel the web3 industry.

China’s History of Banning Crypto

China has a long history of imposing restrictions on cryptos, with the first attempt taking place in 2013 when the People’s Bank of China (PBC) issued rules that prohibited financial institutions from transacting in virtual currencies like Bitcoin.

However, this did not make it illegal for Chinese citizens to buy, store, or send cryptos. It simply made accessing cryptos from exchanges more challenging.

This first ban was aimed at slowing down Bitcoin trading, as it had become so widespread that many businesses, including the country’s largest search engine Baidu, began accepting it as payment.

In 2017, during the crypto bull market, Chinese officials imposed increased sanctions on crypto trading, focusing particularly on Initial Coin Offerings (ICOs). ICOs, digital tokens meant to represent an ownership stake in a new crypto project, have seen a significant increase in trading.

Nonetheless, many of these ICOs became scams due to the lack of regulation. To curb the ICO craze, China banned all platforms offering ICOs. If an exchange sold ICOs, they had to return the money to investors.

In 2021, China took the most severe measures in its history against cryptos. As Bitcoin hovers around $55,000, China’s State Council announced a formal ban on crypto mining.

Shortly after, the hash rate on Bitcoin’s network dropped 50%, with Bitcoin’s price plunging to about $30,000 in the ensuing months.

Along with the Bitcoin mining ban, China’s regulatory bodies outlawed all crypto trading and transactions. It is also illegal for residents to send crypto and for businesses and banks to accept coins like Bitcoin and Ethereum.

Despite the ban, there are no specific policies against holding digital assets, so Chinese residents who already have crypto in a wallet are not violating any current laws.

Why China Banned Cryptos

Several factors drove China’s decision to ban cryptos. These include:

• Concerns about consumer protection due to the association of cryptos with scams and money laundering.

• The unclear legal status of digital currencies.

• The potential for capital flight.

• The devaluation of the yuan.

• Environmental concerns due to Bitcoin’s high energy requirements.

• A desire to control Central Bank Digital Currencies (CBDCs) and metaverse projects.

Indeed, China is actively working on an official CBDC known as the “digital yuan,” and cities like Shanghai have pledged billions to develop national metaverse projects.

The ban had significant aftereffects on the global crypto industry. China’s Bitcoin mining ban caused a significant decrease in the hash power on the Bitcoin blockchain. Many of China’s Bitcoin miners fled to nations that were more friendly to the crypto industry.

However, Bitcoin’s total hash rate continued to increase in the months following the ban, and by January 2022, it was significantly higher than before China’s Bitcoin ban.

It was also observed that mining activity in China appeared on Bitcoin’s network in September 2021, suggesting that many Chinese mining pools still operate underground​​.

Is China Lifting the Crypto Ban?

Despite the stringent restrictions, China’s ban on cryptos has not completely halted activity in the sector. Underground crypto markets have sprouted up as crypto enthusiasts in the country continue to find ways around the restrictions.

More recently, however, signs have suggested a possible shift in China’s stance towards cryptos.

In the latest development, there are indications that China might be easing its hardline stance on cryptos. This news is substantial given that one of the most significant shocks to the crypto market in the past couple of years came in 2021 when China issued its most significant crackdown yet on digital assets.

This crackdown was part of a wider effort to regulate the financial technology sector. It was also in line with China’s ambition to introduce its own digital currency, the digital yuan.

The global crypto community is closely watching signs of a potential shift in China’s stance towards cryptos. However, the specifics of this shift are not yet clear, and how these developments will pan out remains to be seen.

It should be noted that even if China were to ease its restrictions, it would likely continue to exercise tight control over the sector to ensure consumer protection, prevent potential financial risks, and maintain control over its own digital currency initiatives.

What Will Happen If China Lifts Ban on Cypto?

If China were to lift its ban on cryptos, it would likely significantly impact the global crypto market.

As the world’s most populous country and one of the largest economies, China’s acceptance of cryptos could stimulate global demand, boost prices, and potentially lead to wider acceptance of digital currencies. It could also pave the way for the return of crypto mining activities to the country, which was once the world’s largest Bitcoin mining hub.

Binance CEO Changpeng Zhao maintains that lifting China’s crypto ban is a “big deal.” The fact that CCTV (China Central Television) recently broadcasted a news segment about crypto has sent waves in the Chinese-speaking communities.

Still, unbanning crypto could also pose challenges. For instance, it could lead to increased volatility in the crypto market. Additionally, it could bring about regulatory challenges as authorities grapple with consumer protection, money laundering, and financial stability issues.

The potential lifting of China’s ban on cryptos is a development with significant implications for the global crypto market. But until more concrete information becomes available, the true impact of this development remains to be seen.

Link: https://beincrypto.com/what-happens-if-china-lifts-crypto-ban/?utm_source=pocket_saves

Source: https://beincrypto.com

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As of 2023, any search and any click that a user makes is traced and utilised by data collectors. Even Google itself knows exactly who you are, your name, your age, your gender, your history, your marital status, the list just goes on and on.

While there are ways to fix the problem, such as removing your private info from Google search or opting out of data brokers entirely, it has been an issue that has garnered a lot of attention.

The Incoming World Of Web3

But this is because the world of Web2 is centralised, with intermediaries who can benefit from collecting our data and utilising it for their own purposes and profit. With Web3 as an alternative, however, the internet could be decentralised, which means there would be no intermediaries and no middlemen to harness the data in the first place.

While this sounds good, it also sounds like a bit of wishful thinking. According to experts, Web3 is only going to be properly implemented somewhere in the 2030s, and even this seems like it could be jumping the gun when it comes to predictions. Surely, then, we have no real knowledge about whether Web3 might solve the issue of data privacy.

The Implications Of Cryptocurrency

Well, this is where cryptocurrency comes into the picture. One of the benefits of cryptocurrency – according to users with experience of blockchain – is the security and privacy that comes from its decentralised nature. Indeed, cryptocurrency has been running off an early vision of Web3 for around a decade, with blockchain networks, dApps and even blockchain privacy projects that are made to be secure and trustworthy.

With this in mind, can we say that crypto is showing how the issue might be solved when blockchain spreads to embody the internet?

Well, yes and no. Because blockchain is decentralised, there is no central control point that can take advantage of data and utilise it for its own purposes. That is to say, instead of a single authority interacting with users, there are a number of consensus methods, each of which are distributed to nodes that authenticate and preserve the data to ensure it cannot be corrupted. As well as this, dApps like DTSocialise Holding are creating an ecosystem that allows users to choose between anonymity – keeping their data private and secure – and sharing their data in exchange for compensation.

The Answer To Online Privacy

With that being said, cryptocurrency is still in its infancy stages, which makes it almost impossible to tell whether these benefits will go unchallenged in the coming years. It can also be said that technologies like blockchain do not guarantee anonymity and can only ensure it if users have an understanding of how to provide security, privacy and freedom for themselves – much in the same way that users can now, in the world of Web2.

That being said, it can’t be argued that decentralised ventures are not heading in the right direction. For now, however, we have to focus on how to protect our privacy in the present while also staying aware of crypto and the steps it is taking to ensure a secure and private future.

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In recent times, the cryptocurrency market has witnessed a tremendous surge, attracting buyers and investors in search of the next Bitcoin and lucrative crypto opportunities. Bitcoin, the trailblazing decentralized currency, has played a pivotal role in enabling this remarkable growth.

This article investigates the potential of ApeMax, Ethereum, and Solana, and whether these cryptocurrencies have what it takes to become the next Bitcoin. This article will explore each of these coins and their unique attributes which may help them dethrone Bitcoin from the number one spot. This article will place special emphasis on the new coin ApeMax, which offers significant earning potential through its transformative boost staking system.

Bitcoin, since its inception, has experienced an astronomical price surge, soaring from a few cents per BTC to reaching an all-time high of $68,789.63 per Bitcoin. Several early investors in Bitcoin have amassed substantial wealth from their initial investments. Consequently, it comes as no surprise that everyone from investors to experts are constantly seeking out the next Bitcoin. Everyone is on the lookout for a game-changing crypto coin with immense growth potential and the capability to bring about transformative change to the crypto market.

What is Bitcoin and what makes it so special?

Bitcoin was born in 2008 and launched by an individual or group of individuals who go by the pseudonym Satoshi Nakamoto. The world has never been the same since.

Bitcoin is widely regarded as a revolutionary and pioneering force due to several significant factors. Firstly, it introduced the groundbreaking concept of a decentralized digital currency, challenging the conventional financial system that heavily relies on centralized entities such as banks.

Bitcoin’s underlying technology, known as blockchain, is also a game changer. It brought forth a transparent, immutable, and secure ledger system for recording transactions. This innovation has unlocked numerous possibilities beyond mere currency.

Finally, Bitcoin’s finite supply and decentralized nature have positioned it as an alternative store of value and a potential safeguard against a problem that plagues traditional fiat currencies: inflation. These attributes have captured the attention of people around the world, leading to exceptionally high demand and price as evidenced by data from CoinMarketCap.

Is ApeMax the Next Bitcoin?

The presale for ApeMax is currently open, providing an exceptional opportunity to get your hands on ApeMax coins at highly affordable prices.

ApeMax is a groundbreaking Boost to Earn coin, introducing innovative tokenomics that enable users to generate earnings by staking their coins in entities ranging from creators and influencers, to charities or even Web3 projects. ApeMax stands out by offering immediate engagement in staking and growth, setting it apart from other alternatives in the market.

Similar to Bitcoin, ApeMax coin possesses deflationary properties as it has a fixed supply. Deflationary coins like ApeMax and Bitcoin can serve as attractive options as they can act as hedges against inflation if their demand increases.

The boosting-based staking model of ApeMax has the potential to create a completely new economic model where creators and their supporters can both earn through the act of boosting. This has the potential to disrupt the existing economic model reliant on traditional ad-based and subscription revenue streams.

Experts in the industry have identified ApeMax as one of the best crypto presales to keep an eye on. To secure the lowest presale price, it is advisable not to wait and to participate in the ApeMax coin presale now. Early adopters often enjoy the best return in the world of cryptocurrency when a new coin strikes gold down the line.

Is Ethereum the Next Bitcoin?

Ethereum has the potential to rival Bitcoin for several reasons. Ethereum introduced the concept of smart contracts, and through this groundbreaking feature has enabled the creation of decentralized applications and a world of possibilities beyond peer-to-peer transactions.

Secondly, Ethereum’s platform allows developers to build and deploy decentralized applications using its native programming language, Solidity. This programmability makes Ethereum flexible and adaptable to various use cases.

Another factor that helps Ethereum outshine Bitcoin is the EVM, a runtime environment that executes smart contracts on the Ethereum network. This enables the execution of complex computations and facilitates interoperability between decentralized applications. Bitcoin lacks such a comparable virtual machine for executing advanced smart contracts.

Finally, Ethereum has become the leading platform for token creation and hosts many tokens beyond its native cryptocurrency. Additionally, Ethereum’s blockchain has become the foundation for the growth of decentralized finance, enabling various financial services such as lending, borrowing, and decentralized exchanges.

Is Solana the Next Bitcoin?

Solana is designed to be highly scalable, capable of processing thousands of transactions per second. In contrast, Bitcoin’s network has limited scalability, leading to higher fees and slower transaction times. Solana’s scalability makes it more suitable for mainstream adoption and handling large-scale applications.

Solana’s innovative architecture and consensus algorithm also allow for faster transaction confirmations and reduced latency. This efficiency enhances user experience and enables Solana to compete with Bitcoin in terms of transaction speed and responsiveness.

Finally, Solana’s network fees are generally lower compared to Bitcoin. The lower transaction costs make Solana more attractive for everyday transactions and encourage wider adoption across various industries.

The Next Bitcoin – Conclusion

In summary, this article looks at Ethereum, ApeMax, and Solana and whether these coins have what it takes to become the next Bitcoin and why. Undoubtedly, Bitcoin has left an enduring legacy on the world and decentralized finance. Although Ethereum and Solana possess several characteristics which make them stronger than Bitcoin in certain respects, they also have something in common, namely that their prices are already quite high.

ApeMax distinguishes itself with its unique tokenomics that offer opportunities for earning. The ApeMax presale has recently kicked off, providing a limited-time chance to buy ApeMax coins at desirable and affordable prices. Whether you have prior experience with cryptocurrencies or are new to this realm, venturing into ApeMax could be a potentially rewarding adventure worth looking into.

Link: https://www.analyticsinsight.net/the-next-bitcoin-could-apemax-ethereum-or-solana-rival-bitcoin/?utm_source=pocket_saves

Source: https://www.analyticsinsight.net

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The crypto market has witnessed incredible momentum since the start of the year. It became evident when Bitcoin crossed the $30,000 price mark. Many believe that Bitcoin’s recent momentum means one thing – the start of the altcoin season. Not only are altcoins set to offer better gains, but new ones are also ready to provide massive price rallies.

This news certainly delights the crypto whales who are eager to invest massively in these tokens. They have hinted at investing in AiDoge, Copium, SpongeBob, EcoTerra, yPredict, DeeLance, and Launchpad XYZ, among other tokens. Without further ado, let’s take a deeper look into the coins that the crypto whales are loading up for the week as well as their unique features and use cases.

AiDoge (AI): An Incredible Crypto Platform That Combines AI and Meme

AiDoge has made an early impression in the meme community thanks to its adoption of AI technology and meme. This integration allows users to create quality memes based on text prompts that align with current crypto trends.

With its presale event recording over $11 million in capital, the meme platform is powered by its native token, $AI, which incentivizes meme creators and provides access to its AI meme-generating ecosystem. Its presale stage continues to sell out rapidly, and you should take your positions early on before further rallies occur.

Copium (COPIUM): A New Meme Coin With Early Success In The Market 

Copium is a new crypto project that made a strong entry into the market. Within its first 24 hours on Uniswap, Copium has achieved a trading volume of $45 million and experienced a massive rally of over 1,000%. With its market cap at around $10 million, Copium has the potential for further growth.

More evident is its NFT collection and airdrop, which has garnered investors’ attention. Also, it has secure listings with top CEXs, namely MEXC, LBank, and Poloniex. Despite being a new project, Copium boasts over 16,000 followers on Twitter and has received significant engagement demonstrating the enthusiasm surrounding its launch and prospects. These reasons make Copium an altcoin on crypto whales’ radar for the week.

SpongeBob (SPONGE): An Oustanding Meme Platform 

SpongeBob has become a delightful project that has gained several investors’ attention. Stepping into the spotlight with no presale stages, SpongeBob became a massive hit in its first few days of the market, recording over $10 million in market cap.

While SpongeBob’s trading activity and rally have slowed, top analysts point to a potential rally that could further surge its native token, $SPONGE, into newer highs. As such, it becomes imperative to consider investing in this project before the next rally.

EcoTerra (ECOTERRA): A Revolutionary Eco-friendly Platform With Crypto Incentives 

EcoTerra is an eco-friendly platform allowing users to recycle items easily and be rewarded for actively doing so. With its mobile app, you can scan items, dispose of them, and receive ECOTERRA tokens instantly, which you can trade for cash.

It continues to be a leading green platform, and its partnership with top brands will ensure its success in sustaining the environment and providing better gains. EcoTerra also features a carbon offset marketplace where you can engage in green projects and earn better incentives. The amazing initiatives of this green platform place it high among the altcoins on crypto whales’ watchlist.

yPredict (YPRED): A Decentralized Ecosystem For Traders and Developers Seeking To Edge The Crypto Market

yPredict creates a perfect ecosystem where traders and developers can get the best predictive tools to analyze the market effectively. This decentralized platform allows users to develop AI tools to predict crypto market trends, providing a trading edge.

Thanks to its native utility, $YPRED, yPredict allows users full access to top-notch AI prediction tools. Thus, it will enable them to enjoy passive income and help them become effective traders. Indeed, this platform provides a compelling utility highly demanded in the crypto space, and its presale event attests to that.

DeeLance (DLANCE): A Prominent Web 3.0 Freelancing Platform

DeeLance is an incredible web 3.0 platform ready to revolutionize the freelance sector. This platform aims to resolve the ills of traditional platforms like Fiverr and Upwork by providing better employment, speedy payouts, and less use of intermediaries.

Interestingly, it uses NFT technology, which allows recruiters to tokenize their projects without copyright issues. Also, this freelance platform eases the barrier to entry by ensuring freelancers around the world engage in its platform and earn passive income. Consequently, it remains a major altcoin that crypto whales are gunning for this week.

Launchpad (LPX): A Crypto Platform Ready To Usher Users Into Web 3.0

Launchpad is a crypto platform providing early access to Web 3.0 investments. This platform allows you to invest in the early stages of utility tokens, play-to-earn platforms, and NFTs while providing a decentralized exchange for you to trade their tokens instantly.

Furthermore, Launchpad’s native token, LPX, allows you to access these early features and not miss out on its investment opportunities. Its presale event waxes stronger at each subsequent stage, with investors stacking up its native token. This project’s entry into Web 3.0 will ensure more users are streamlined into this sector.

Chimpzee (CHMPZ): A Revolutionary Green Platform

Chimpzee is a green cryptocurrency project dedicated to wildlife conservation and climate action. It addresses the urgent need to regenerate forests and prevent the extinction of around one million animal and plant species.

Chimpzee believes traditional initiatives aren’t enough and aims to increase engagement and incentivization using blockchain, cryptocurrencies, and NFTs. While its NFTs launch hasn’t started, CHMPZ tokens are available for purchase during the presale, providing advantages in the upcoming NFT launch and other perks.

 Final Thoughts: Invest In These Eight Quality Crypto Picks Of Crypto Whales for The Week

As the crypto market gains bullish momentum, there is no better time than now to stack new and existing altcoins in your digital wallets. Proven by their track records, crypto whales are usually very objective in their investments. As such, endeavor to invest in the tokens we discussed in this article to enjoy massive price rallies when the altcoin run commences. Hurry now, and don’t miss out on future gains.

Link: https://www.analyticsinsight.net/crypto-whales-are-loading-up-on-these-altcoins-for-the-week/

Source: https://www.analyticsinsight.net

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Link: https://investorplace.com/2023/05/3-cryptos-that-could-make-you-a-millionaire-by-2025/?utm_source=pocket_saves

Source: https://investorplace.com

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Regulation of Bitcoin in the United States

In the United States, Bitcoin is considered a commodity and is regulated by the Commodity Futures Trading Commission (CFTC). The CFTC classifies Bitcoin as a commodity, which means it falls under the same regulations as other commodities such as gold or oil. The Internal Revenue Service (IRS) also considers Bitcoin and other cryptocurrencies as property for tax purposes.

The Securities and Exchange Commission (SEC) has also been active in regulating cryptocurrencies. The SEC has stated that some cryptocurrencies, such as Initial Coin Offerings (ICOs), are securities and therefore subject to securities laws.

Regulation of Bitcoin in Europe

In Europe, the regulation of Bitcoin and other cryptocurrencies varies from country to country. Some countries have embraced cryptocurrencies and have created regulations that are friendly to the industry. Other countries have taken a more cautious approach.

In the European Union (EU), cryptocurrencies are not considered legal tender, but they are not banned either. The EU has been working on developing a regulatory framework for cryptocurrencies, but progress has been slow.

Regulation of Bitcoin in Asia

Asia is a hotbed for cryptocurrency activity, and the regulation of Bitcoin and other cryptocurrencies in the region varies widely. Japan is one of the most Bitcoin-friendly countries in the world, and it was the first country to regulate cryptocurrencies.

In Japan, cryptocurrency exchanges are required to register with the Financial Services Agency (FSA) and must comply with strict regulations. Japan’s progressive approach to cryptocurrencies has made it a hub for cryptocurrency activity, and it is home to some of the world’s largest cryptocurrency exchanges.

China, on the other hand, has taken a more cautious approach to cryptocurrencies. In 2017, China banned Initial Coin Offerings (ICOs), and it has also cracked down on cryptocurrency exchanges. However, despite the crackdown, there is still a thriving cryptocurrency community in China.

Regulation of Bitcoin in Africa

Africa is a continent that has seen tremendous growth in cryptocurrency adoption. Countries like Nigeria, Ghana, and South Africa have seen a surge in cryptocurrency activity. However, the regulation of cryptocurrencies in Africa is still in its early stages.

In Nigeria, the Central Bank of Nigeria (CBN) has issued warnings about the use of cryptocurrencies, but it has not banned them outright. In South Africa, the South African Reserve Bank (SARB) has also issued warnings about the use of cryptocurrencies, but it has not banned them either.

Conclusion

In conclusion, the regulation of Bitcoin and other cryptocurrencies varies widely around the world. Some countries have embraced cryptocurrencies and have created regulatory frameworks that are friendly to the industry, while others have taken a more cautious approach. As the industry continues to grow and mature, it is likely that we will see more countries create regulatory frameworks for cryptocurrencies.

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Link: https://investorplace.com/2023/05/3-stocks-and-cryptos-that-are-a-smart-investment-right-now/

Source: https://investorplace.com

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The US is very different from where the rest of the world is right now

Link: https://blockworks.co/news/america-lagging-crypto-regulation?utm_source=pocket_saves

Source: https://blockworks.co

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Looking at the current situation, there are many cryptocurrencies that might disappear soon

A spectacular increase in the demand for cryptocurrencies in the year 2021 and the present comes as no big surprise. As more people are inclined towards alternate sources of income, the cryptocurrency market has seen demand like never before. Though Bitcoin has always managed to draw eyeballs from everywhere around, there are other top cryptocurrencies as well that stand the potential to make it into your investment portfolio. But looking at the current situation, one can say that there are many cryptocurrencies that might disappear in the near future. This article features the top 10 cryptocurrencies that might disappear before 2025 starts.

Shiba Inu

The Shiba Inu (SHIB) price has been plummeting for the past few months. The coin will make marginal gains and then dip further in the next bearish market condition. That’s why it has been plummeting for the past 5 months, and crypto experts say that Shiba Inu might drop further. The biggest problem for SHIB right now is the reducing number of transactions, dropping the holder’s account, and dropping the token price. Though Shiba Inu is loved by everyone there are chances that it will fail to survive the bear market.

Terra

How can we forget about the famous Terra Luna crash? Terra is one of those cryptocurrencies that are the reason the crypto market turns bearish. Touching its ATH of US$118 in April to going completely zero in May 2022, Terra has seen it all. So, if you see this cryptocurrency disappearing by the end of 2025, don’t be surprised.

TerraUSD

Volatility is nothing new in the crypto market, but the collapse of algorithmic stablecoin TerraUSD (UST) sent a shockwave through the entire sector. The price of TerraUSD plummeted far below its targeted US$1 peg. Luna, the Terra blockchain’s native currency, also dropped nearly 97% in the 24 hours to 4:30 pm ET Thursday, May 12.

Zcash

Zcash was launched by one of the most respected technical teams in the world. Zcash is the ‘https of blockchains,’ protecting your freedom to save and spend as you like. Zcash was the first project to implement zk-SNARKs, a novel form of zero-knowledge cryptography that gives its users the strongest privacy available in any digital currency. Multiple, independent organizations are funded to innovate on Zcash. It is one of the cryptocurrencies to disappear soon.

Cosmos

Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to “create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way.” Cosmos is a proof-of-stake chain.

ApeCoin

ApeCoin is an ERC-20 governance and utility token used within the APE Ecosystem to empower and incentivize decentralized community building at the forefront of web3.

ApeCoin holders govern themselves via the decentralized governance framework controlling the ApeCoin DAO and vote on how the ApeCoin DAO Ecosystem Fund should be used. The APE Foundation administers proposals agreed upon by ApeCoin holders.

Elrond

Elrond is a blockchain protocol that seeks to offer extremely fast transaction speeds by using sharding. The project describes itself as a technology ecosystem for the new internet, which includes fintech, decentralized finance, and the Internet of Things. The blockchain has a native token known as eGold or EGLD, that is used for paying network fees, staking, and rewarding validators.

Avalanche

Avalanche (AVAX), the native token of the smart-contracts platform led by former Cornell professor Emin Gün Sirer. AVAX price sees investors fleeing for the exit, putting crypto in a downward spiral. Avalanche price is suffering from the repercussions of the current dismal market mood, from which traders still need to make money. Today’s bearish action now puts the token 80% down from its all-time high of US$146.22 recorded back in November 2021. It is one of the cryptocurrencies to disappear soon.

Cardano

A number of factors can explain this price drop and why the Cardano price is not growing. The crashing crypto market is the first reason. Interruptions by the FED over the past few months have crashed the money market, including the crypto market. FED is also the reason why Cardano and the crypto market at large are bearish today. The other big reason why the Cardano price is not growing is the competition. Exciting new projects are offering better returns and are attracting the crypto community.

Uniswap

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018 but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading. Uniswap aims to keep token trading automated and completely open to anyone who holds tokens while improving the efficiency of trading on the blockchain versus that of traditional exchanges.

Link: https://www.analyticsinsight.net/top-10-cryptocurrencies-that-might-disappear-before-2025-starts/

Source: https://www.analyticsinsight.net

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Link: https://www.outlookindia.com/business-spotlight/5-best-utility-cryptocurrencies-to-invest-list-of-truly-valuable-crypto-coins-to-buy-news-273628?utm_source=pocket_saves

Source: https://www.outlookindia.com

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