Schlagwort: blockchain markets

The crypto market has failed to pick upside momentum after a tough start to the year for bulls. However, with price predictions for Bitcoin largely bullish, investors seeking other positions are looking at potential gems.

Apart from Bitcoin, Ethereum, Solana and XRP are the other top coins with major price predictions. Dogizen (DOGIZ), which goes live on exchanges this week after a successful presale stands out as one of these tokens.

In the AI space, the project attracting attention is Bittensor (TAO).

Here ‘s a brief price forecast for DOGIZ and TAO ahead of a key week for the projects.

Bittensor price prediction amid dTAO upgrade

Crypto AI project Bittensor (TAO) is among top performers in the market in the past week.

After the crash following DeepSeek AI news, TAO has picked a new pace and reached highs last seen in early Jan. Upside momentum towards the psychological $400 mark comes as the Bittensor community eyes the network’s biggest upgrade.

Bittensor’s dTAO upgrade, as recently unveiled via the Dynamic Bittensor whitepaper, goes live on Feb. 10. The TAO token has surged amid the anticipation, with massive accumulation hinting at a possible target of the all-time high reached in April.

The flip above $400 helped by the dTAO upgrade would offer control to the bulls. However, failure to break higher could bring support levels of $350 and $315 into play.

Dogizen set to list on exchanges

With crypto analysts bullish on the market, Dogizen has emerged as one of the top targets for enthusiasts. The project has raised over $4.5 million in its presale, having stormed the crypto space as the first-ever ICO on Telegram.

Dogizen, bidding for dominance in the Telegram game ecosystem, will launch its native token on layer 1 blockchain Sui. This milestone happens on February 10, 2025 when DOGIZ lists for trading on Cetus, the largest DEX on Sui.

It’s official! Dogizen is listing on @CetusProtocol at 12PM UTC on Monday 10th February!🚀

Get ready to trade $DOGIZ on @SuiNetwork’s top DEX.

Stay locked in. There’s still time to buy 👉 https://t.co/rM5DLsQHLh

Details on how to claim coming Monday. 🔥 pic.twitter.com/abHduNZnPp

— Dogizen (@DogizenGame) February 7, 2025

Will DOGIZ price explode?

Notably, Dogizen isn’t the only player in the Telegram GameFi space.

However, the project has taken an approach that could see outpace the performance rival tap-to-earn tokens managed post-launch. This is because unlike Hamster Kombat, Notcoin or Catizen that sailed to new highs with mega airdrops, Dogizen is banking on the hodler nature of presale buyers.

DOGIZ lands on exchanges at the low market cap of just $10 million, an aspect that means ample pathway to new highs. Notcoin for instance is at $300 million and Hamster Kombat at over $111 million.

With Dogizen likely to outperform NOT and HMSTR, a surge to $200 million or higher would mean DOGIZ price explosion.

Currently, DOGIZ price is at $0.000089, with under 24 hours to presale close. Buying now could thus be a great opportunity.

To find out more about Dogizen , visit the official website.

The post Dogizen and Bittensor price prediction: Could DOGIZ outpace TAO? appeared first on CoinJournal.

Key takeaways

• Bitcoin is up nearly 1% in the last 24 hours and now trades above $97k.
• The Remittix presale has nearly doubled in two weeks, raising over $11 million from investors. 

Bitcoin hits $97k in a weekend rally

The cryptocurrency market is rallying this weekend, with Bitcoin and other major altcoins currently in the green. This is a shift from recent weeks, where Bitcoin had struggled during the weekend.

The world’s leading cryptocurrency by market cap is up 1% in the last 24 hours and now trades above $97k per coin. At press time, the price of Bitcoin stands at $97,262 and could rally higher in the near term. 

Despite the recent volatility, investors remain bullish about Bitcoin’s price potential in the medium to long term. This could translate to confidence in altcoins, especially those building infrastructure for users. 

What is Remittix?

One project that is currently building an exciting infrastructure for users is Remittix. In a market dominated by stablecoins, Remittix is building a PayFi project that would make cryptocurrency payments easier for users.

In its whitepaper, the team described Remittix as a payment network that merges the best parts of traditional payment systems with decentralized Finance. The merger of these two is called PayFi.

Remittix is designed to empower users to pay fiat into any bank account worldwide using crypto. The platform will enable users to easily connect their crypto wallets and send cryptocurrencies to recipients who can receive the money in their preferred fiat currency. 

An exciting feature of Remittix is that it comes with no hidden fees, no expensive conversation rates and the recipient will have no idea the original payment was sent in crypto.

Remittix’s working model

Remittix is an exciting platform because it is easy to use, making it ideal for novices and experts in the ecosystem. 

To use Remittix, the user will enter the recipient’s bank details into Remittix, just like in a standard bank transfer. The sender must also enter how much they want to pay and the payment reference to be displayed on their bank statement. Remittix will generate a quote for the sender and show the amount of crypto to transfer and the exact amount charged in fees.

Once this is done, the sender transfers the crypto to the unique deposit address provided. The crypto will then be liquidated and transferred to the recipient via bank transfer.

Upon the successful completion of a transaction, the sender will get a receipt. Furthermore, users can obtain updates about their payment in the Remittix dashboard. Typically, payments will arrive at the recipient’s bank account within 24 hours. The full amount will arrive, and the reference will be included.

Remittix presale hits $11m

The project’s unique operational model is already attracting investors. Within two weeks, the Remittix presale doubled in the amount raised from investors. The presale has now surpassed $11 million, selling over 449 million $RTX tokens in the process. 

According to the team, the presale target is $36 million. There are 750 million tokens available in the presale, with nearly 450 million already sold. The Remittix liquidity pool and team token will be locked for three years 

Remittix has undergone a full smart contract audit which was passed with no issues within the contract, further solidifying their commitment to safety and transparency for their customers. 

The native $RTX token will launch on centralised exchanges and on Uniswap. To participate in the ongoing presale, investors can purchase the $RTX tokens using USDT, USDC, and accepted cards.

The RTX token is currently sold for $0.0539 per token, with the price set to increase to $0.0567 in the next presale stage 

Should you invest in the Remittix project now?

Remittix is building a payment infrastructure that could change how users interact with cryptocurrencies. This PayFi project could boost crypto adoption by making it easier to send crypto to others as fiat. 

The project has raised over $11 million so far, and at this rate, the presale could be over in the coming days or weekend. The presale is an excellent opportunity for investors to get in early on this project. It is an opportunity to buy the RTX tokens at a possible discount price before it starts trading on centralised and decentralised exchanges.

The post Bitcoin surpasses $97k as Remittix’s presale surpasses $11m appeared first on CoinJournal.

• Chase Herro didn’t specify what the purpose of holding a reserve for the platform would be
• On Thursday, World Liberty Financial bought $470,000 worth of ONDO, the token linked to Ondo Finance

The co-founder of World Liberty Financial has said that the DeFi project plans to create a “strategic reserve” with the tokens it buys.

Chase Herro made his comments at startup Ondo Finance’s inaugural summit in New York; however, he didn’t specify what purpose holding a reserve would be for the platform.

According to Bloomberg, Herro appeared on stage alongside Donald Trump Jr. and fellow World Liberty Financial (WFL) co-founders Zak Folkman and Zach Witkoff. The platform is backed by US President Donald Trump who’s listed as Chief Crypto Advocate on the project’s website.

Herro’s remarks follow as the WFL bought 342,000 ONDO tokens on Thursday, for a value of $470,000, according to  Arkham Intelligence data. The ONDO token is linked to ONDO Finance and is WFL’s governance token.

To date, WLF crypto holdings amount to $35.5 million with a majority held in USDC and Tron.

The idea of a Bitcoin strategic reserve has gained enthusiasm, thanks to Trump who has floated the idea of such a move since his presidential win. Last month, the US president signed an executive order to establish a crypto working group designed to boost the advancement of crypto in America.

It will also look into the possibility of creating a national crypto stockpile.

The post World Financial Liberty co-founder says it wants to create a “strategic” token reserve appeared first on CoinJournal.

• Alexey Pertsev has been freed under electronic watch
• Pertsev was sentenced to five years and four months in prison for money laundering
• The developer has been in jail since 2022

Tornado Cash developer Alexey Pertsev has been released from custody following a ruling that favored electronic surveillance over continued pretrial detention.

Pertsev, who was released on February 7 at 10 am, was charged with money laundering and linked to the US Treasury’s sanctions against Tornado Cash. According to the US government, the protocol was allegedly involved in illicit financing.

Pertsev was found guilty of money laundering in 2024 and has been detained since August 2022.

Notably, Pertsev’s release comes nearly a month after the Texas court overturned sanctions on Tornado Cash.

Pertsev expressed his gratitude for this opportunity, taking to X to say, “Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison.”

He further noted that this development would give him “a chance to work on my appeal and fight for justice.”

Dear Friends, on Friday 7 February at 10 am I will be free! It is not real freedom, but it is better than prison. Today, a Dutch court suspended my pretrial detention under the condition of electronic monitoring. This will give me a chance to work on my appeal and fight for…

— Alexey Pertsev (@alex_pertsev) February 6, 2025

Alexey Pertsev’s woes

Pertsev’s case has been under the international spotlight since 2022. The US Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash, accusing the platform and its developers of facilitating money laundering.

Despite these allegations, Pertsev and his legal team have contested the charges, arguing that developers should not be held accountable for how their open-source software is used by others. This argument resonates with many in the cryptocurrency community who advocate for the separation of developers’ liability from the actions of users.

Previously, the Dutch court countered Pertsev’s defence, stating that Pertsev and his co-founders at Tornado Cash did not take adequate measures to prevent misuse by criminal entities, including the notorious North Korean cybercrime group, Lazarus. The court went ahead and sentenced Pertsev to five years and four months in prison for money laundering, a ruling which his lawyers immediately appealed.

Pertsev had applied for bail multiple times without success, with the prosecution labelling him as a “flight risk.”

Therefore, the court’s decision to allow electronic monitoring represents a shift in perspective, possibly acknowledging the complexities involved in prosecuting tech developers in the blockchain and cryptocurrency space.

As Pertsev now focuses on his appeal, the crypto community and legal observers watch closely, recognizing this case’s potential to influence future legal interpretations of developer accountability in the rapidly evolving tech landscape.

The post Dutch Court suspends the pretrial detention of Tornado Cash dev Alexey Pertsev appeared first on CoinJournal.