Connect with us

Altcoin

New Crypto Users Can Benefit from Best Wallet Token Presale

Published

2 days ago

on


Yesterday, Tether (the $USDT stablecoin issuer) signed a Memorandum of Understanding (MoU) with Guinea to assist new crypto users from the African nation in exploring blockchain tech. 

The agreement is similar to one that Tether signed with Uzbekistan last year, which focused on providing new crypto users with information about Web3 education, innovation, and stablecoins. 

As Tether taps into Guinea’s population of around 14.8M and Uzbekistan’s 36.3M, new crypto adoption is bound to be spreading.

Another country rising in the crypto adoption movement is Nigeria. Per a survey conducted by Consensys, a hefty 84% of Nigerian residents owned a crypto wallet in 2024. 

Through collaborations and findings, the stablecoin king ($USDT has a whopping $141.72B market cap) illuminates how blockchain tech and crypto can be increasingly accessible to ordinary people, attracting new crypto investors in the space as a consequence. 

However, the onboarding process often prevents individuals from exploring the blockchain. A crypto wallet is necessary to buy, sell, and manage digital assets, but beginners usually find them intimidating and complex.

Luckily, the Best Wallet token presale offers a solution, and it’s super straightforward. 

Best Wallet Token Presale: A User-Friendly Solution for New Crypto Users

The Best Wallet Token presale opens the way to the Best Wallet ecoystem.

It’s an extremely user-friendly crypto wallet that’s available on Google Play and Apple App Store. Its interface is extremely intuitive and straightforward, enabling users to manage digital assets without much crypto know-how. 

Security-conscious users can also rest easy. KYC verification isn’t necessary, so there’s no need to give up personal data. Plus, it’s non-custodial, so users have complete control over their private keys and crypto, instead of a third party as with custodial wallets.

Better still, integrating with Onramper (a fiat-crypto onramp aggregator) offers attractive exchange rates and processing fees when purchasing crypto. But holders of the platform’s native token, $BEST, will enjoy the lowest transaction fees. 

Other boons of holding $BEST include early access to new projects, higher staking rewards (currently at a generous 161% APY), and community governance. 

Best Wallet token benefits
Source: Best Wallet

Best Wallet is unique in the market, as it’s the first wallet to offer exclusive access to presales, so new crypto users can buy low-cap altcoins before other investors catch on.

To get involved, you can buy $BEST on presale for just $0.024025. Head to the official Best Wallet token presale website, connect your wallet to the widget and buy as many tokens as you’d like using either $ETH, $USDT, $BNB, or fiat. 

When considering its advantageous use cases, it’s not surprising that $BEST has already snagged over $10M on presale.

$BEST Might Be the Next Crypto to Jump 100x

Tether’s collaboration with different countries helps blockchain technology be more accessible to new crypto users. 

Best Wallet is an excellent choice for new crypto users because it simplifies the often complicated onboarding process. Acquiring $BEST also offers lower fees and early access to presale projects.

The Best Wallet Token presale has already raised $10M; it could be the next meme coin to jump 100x. But this isn’t investment advice. You must always do your due diligence before buying tokens and never surpass your budget. 



Source link

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Altcoin

Trump’s Financial Empire Makes Waves with $10M WLFI, $125K SEI Buy

Published

46 minutes ago

on

February 20, 2025

By


United States President Donald Trump’s World Liberty Financial announced another round of investments this week to further build its crypto portfolio. According to on-chain data, World Liberty Financial withdrew $10 million USDC from its Coinbase account to purchase 200 million WLFI tokens and another $12k to buy 547,990 SEI tokens, with an average price of $0.228.

Both transactions were recorded last February 20th, as reported by Onchain Lens. The crypto firm’s latest transaction coincided with the release of its macro strategy last February 12th.

Trump Family’s Foray Into Crypto Continues

World Liberty Financial is a crypto and DeFI project supported by the US President and some family members, including Donald Trump Jr., Eric Trump, and Barron Trump. It aims to strengthen the US dollar’s position in the highly competitive DeFi space.

According to company records, Trump and his associates control 60% of the WLF, which assigns them 75% control over the firm’s revenue and access to 22.5 billion tokens. Trump’s family also owns most of the Trump Media & Technology Group, which recently announced its shift to crypto after starting with financial services.

Total crypto market cap currently at $3.15 trillion. Chart: TradingView

WLF’s Macro Strategy – What We Know So Far

Last February 12th, Trump’s crypto company announced the creation of the Macro Strategy, a strategic token reserve that aims to boost its competitiveness in DeFi. In a Twitter/X post, WLF shared that this new project aims to enhance stability, foster growth, build trust, and promote strategic partnerships with financial institutions.

WLF recently received a boost from Tron’s Justin Sun, who invested at least $75 million in its native token, making him one of the most prominent investors. However, Sun’s entry into the company was criticized due to his alleged links with illegal financial activities. Aside from Sun’s investment, WLF has offered various deals to its investors, making it one of the biggest crypto launches to date.

WLF Continues To Boost Holdings, As Criticisms Start To Trickle In

WLF continues its expansion in the crypto market thanks to Trump’s backing and the entry of Sun. According to a BitMart Research report, as of February 9th, the company has sold $455 million worth of tokens. Trump’s crypto project generated $319 million from selling its 21.3 billion tokens at $0.015 each. And for its second round of sales, the company earned another $136 million.

However, WLF remains at the center of controversy due mainly to its links with the Trump family. According to some critics, Trump’s crypto project is self-serving and only benefits the president’s immediate family members and allies.

Featured image from ClutchPoints, chart from TradingView





Source link

Continue Reading

Altcoin

Atlanta Federal Reserve President Predicts Two Interest Rate Cuts in 2025

Published

2 hours ago

on

February 20, 2025

By


In a recent turn of events, Atlanta Federal Reserve President Raphael Bostic hinted at the Fed’s potential decisions on interest rates. According to the Federal Reserve President, the central bank may reduce interest rates twice in 2025. However, he expresses considerable uncertainty about the impact of President Donald Trump’s trade and migration policies.

Atlanta Federal Reserve President Comments on Interest Rate Cuts

According to a recent Reuters report, Raphael Bostic, the President of the Atlanta Federal Reserve, stated that the Fed will lower interest rates twice this year. However, adding uncertainty surrounding the expectations, he highlighted other major factors that could influence the Fed’s decision.

“While that’s my baseline expectation, there’s a lot that is going to happen that could influence that really in both directions,” posited Bostic. Further, citing potential changes in trade, immigration, energy, and fiscal policies, he added, “Right now, there is a lot of uncertainty about where some important factors are going to land.” Concluding his view, he added that his current outlook may likely change after six months.

Fed President’s View on Strong US Economy

Moreover, in an essay today, the Atlanta Federal Reserve President wrote about the central bank’s solid monetary policy and the country’s strong economy. According to Bostic, the current monetary policy is well-positioned.

Though he believes the US economy is strong, he doesn’t see the factors as a reason to relax. His statement highlights the uncertainty surrounding the new Trump administration’s policies and moves. His concerns suggest that heightened policy uncertainty could impact the labor market and inflation.

Federal Reserve’s Rate Cut and Jerome Powell’s Hawkish Stance

Following the Federal Reserve’s FOMC meeting at the end of January 2025, Chair Jerome Powell announced the bank’s decision to hold the interest rate unchanged at the 4.25%-4.5% level. The development initially sent the crypto market into a slump, but it has since staged a gradual recovery.

Later, on February 12, at his semi-annual monetary report, Powell shared a hawkish approach to interest cuts. He stated that the Fed sees no urgency in altering its policy as the economy remains strong. He added that the policy stance is “less restrictive” than before.

Inflation Deemed the Biggest Risk

The Atlanta Federal Reserve President considers inflation the biggest risk, despite its recent decline. With the risks to the Fed’s dual mandate now more balanced, he is increasingly focused on achieving 2% inflation without compromising labor market gains. Bostic stated,

I still think the biggest risk is inflation. As inflation has come way down, the risks to the mandates have come more into balance and so I’m more sensitive now to the possibility that we could get inflation at 2% without seeing a lot of damage in labor markets.

Nonetheless, the Federal Reserve’s next move remains unclear. At the same time, it remains uncertain how it will impact the crypto market. However, if the Fed maintains its hawkish stance, it could potentially trigger a bearish sentiment.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoin

John Deaton Highlights Ripple’s Role In XRP ETF’s Acknowledgement

Published

4 hours ago

on

February 20, 2025

By


The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP’s evolution over the past four years.

Notably, the XRP ecosystem has undergone significant transformations since the SEC lawsuit in 2020. Though Ripple faced unprecedented challenges over the period, recent developments including major court wins and Donald Trump’s re-election have marked a turning point. Let’s unveil XRP’s major developments over the period, leading to the SEC’s positive approach to XRP ETFs.

SEC Acknowledges XRP ETFs: John Deaton Weighs In

The SEC’s acknowledgment of XRP ETFs has sent shockwaves of optimism through the Ripple community. In a series of surprising events, the SEC recognized multiple asset manager’s XRP ETFs, fueling excitement.

Commenting on this bullish development, pro-XRP attorney John Deaton stated, “What a difference four years of litigation and an election can bring.” Via his latest X post, Deaton offered the community a unique perspective on XRP’s transformation over the past few years.

According to his remarks, the SEC’s recent move is largely attributed to Ripple’s court wins and Donald Trump’s presidential win in the 2024 election.

XRP ETF Acknowledgement: Broader Implications

Major investment firms are vying to launch an exchange-traded fund tracking XRP. The frenzy began when Grayscale proposed converting its XRP Trust into an ETF, prompting CBOE and Nasdaq to file 19b-4 applications.

The SEC’s subsequent acknowledgment of applications from Grayscale, 21Shares, and Bitwise sparked widespread optimism. Most recently, the SEC has also recognized XRP ETF applications from CoinShares, WisdomTree, and Canary Capital, further fueling excitement.

Key Factors Influencing XRP’s Journey

Notably, the SEC’s recent XRP ETF acknowledgment has been influenced mainly by two major events: Ripple’s court wins and Donald Trump’s election win. This development boosts optimism, even if it doesn’t confirm a potential green light for the ETF launch.

The crypto regulator sued Ripple in 2020, alleging the platform violated the federal securities law and raised $1.3 billion by offering unregistered securities. After a long battle, Judge Analisa Torres ruled that XRP in its digital token form is not a security. In a subsequent judgment in August 2024, Judge Torres drew a clear line between Ripple’s retail and institutional sales, declaring the retail sales to be legitimate.

Significantly, this regulatory status has contributed to the SEC’s recognition of the XRP ETFs. As per Deaton’s comments, in addition to this development, Trump’s re-election is another major event that impacted Ripple’s journey.

Specifically, Trump’s pro-crypto stance and the SEC’s regulatory shifts have potentially paved the way for a more favorable environment for XRP.

Ripple’s Evolution Since 2020 SEC Lawsuit

Ripple, founded in 2012, had established itself as a leading global payments platform by 2020. But its momentum was halted by the SEC lawsuit. Prior to the lawsuit, XRP remained a major player alongside Bitcoin and Ethereum. The token hit an all-time high of $3.317 in the 2017-2018 bull run, marking a staggering hike of 19,000%.

However, the lawsuit severely affected XRP’s trajectory. Major exchanges like Coinbase, Binance, and Kraken suspended XRP from trading following the lawsuit. Soon, the token’s price and market cap plummeted with XRP losing its ground.

Notably, XRP experienced a remarkable resurgence, fueled by Ripple’s courtroom victories and Trump’s election win. The cryptocurrency reclaimed its third spot on CoinMarketCap, soaring to a high of $3.2 as it eyed its all-time high. This upward trajectory was further reinforced by the SEC’s recognition of XRP ETFs. It was highlighted by John Deaton, underscoring Ripple’s continued growth and momentum.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io