Crypto.com launches uncapped 1% deposit bonus for Prime users

  • Crypto.com says the campaign targets high net worth traders and will offer an uncapped 1% deposit bonus on eligible tokens and fiat currency.
  • The campaign period is from February 8, 2024 to April 7, 2024.
  • Crypto.com Prime membership is currently invite-only.

Crypto.com has introduced a launch campaign offering exclusive privileges for high net worth traders opting into the crypto exchange’s recently introduced Crypto.com Prime programme.

According to Crypto.com, high net worth traders opting into Prime will also enjoy near-zero trading fees and benefit from the exchange’s $1 million account protection.

Prime also offers access to institutional-grade trading tools, a dedicated relationship manager and bespoke inheritance and tax services.

The programme is currently invite-only and runs from February 8, 2024 to April 7, 2024. To participate, high net worth traders will have to activate their Prime membership after receiving an invitation.

Crypto.com Prime users eligible for 1% deposit bonus

During this period, eligible deposits will receive an uncapped 1% bonus – applicable to eligible tokens and fiat currency. For instance, a user who activates their Prime membership with a deposit of $500,000 in eligible tokens and $400,000 in fiat during the campaign period will get a 1% deposit bonus of $9,000.

All bonuses received during the campaign will be paid in the native CRO token. 

However, customers should note that the bonus is subject to a 24-month lock up from the end of the campaign period. Crypto.com also says deposit amounts will be subject to a pro-rata rate, with this based on the account’s AUM during the said lockup period.

For eligible tokens, Crypto.com has listed BTC, ETH, CRO, USDT, USDC, PYUSD, XRP, SOL, ADA, AVAX, DOT, MATIC, DOGE, and OP. The eligible fiat currencies are USD and EUR.

Crypto.com says the Prime offer is “strictly optional.” Participation is but will be open to Crypto.com App users who have completed all onboarding procedures, including KYC identification. The exchange details how to become a Prime member on its website.

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Binance Coin (BNB) price prediction amid regulatory handles and emergence of Pullix Exchange

  • Binance Coin (BNB) price has soared by 7% in the last seven days recovering from its recent drop.
  • However, BNB price prediction suggests potential highs of $480 in 2024.
  • Pullix emerges as a hybrid DeFi protocol bridging decentralized and centralized exchanges.

From regulatory hurdles facing Binance to price movements of the Binance Chain’s native token Binance Coin (BNB) and the emergence of Pullix, the crypto community is witnessing a dynamic interplay of factors shaping the industry’s future.

In this news article, we delve into recent BNB price movements, future BNB price predictions, and explore the innovative features of Pullix and its native token, PLX.

BNB price surge and influencing factors

Binance Coin (BNB), the native cryptocurrency of the world’s largest exchange, Binance, has experienced a series of noteworthy price movements. In 2021, BNB soared from $40 to a high of $690, only to face a subsequent decline.

While the decline in BNB’s value can be partly attributed to Binance’s turmoil with the US regulatory authorities and other regulatory authorities around the world, the token has shown some resilience in the past few days registering a significant bullish trend. In the past 7 days, the token has gained 7% pointing to a possible long-term surge.

The most recent regulatory handle was the temporary halt in the Netherlands. However, Binance expressed its commitment to collaborating with Dutch regulators, signaling its dedication to compliance. The interplay between regulatory dynamics and Binance’s response will be a pivotal factor influencing BNB’s price trajectory in 2024.

BNB price prediction

Anton Kharitonov, an analyst at Traders Union, projects a potential high of $480 for BNB by the end of 2024.

However, the outcome hinges on Binance’s ability to work with global regulators successfully. The ongoing case against the SEC and relationships with governments worldwide pose uncertainties. If regulatory agreements are reached, BNB may experience a recovery. Conversely, failure to secure agreements could lead to trading halts in multiple countries, potentially resulting in a minimum price of $250 and an average of $365.

Pullix Exchange: bridging decentralization and centralization

Amidst the challenges facing Binance, currently the largest cryptocurrency exchange by trading volume, a new hybrid exchange called Pullix has emerged. Pullix emerges as a new DeFi protocol aiming to bridge the gap between decentralized and centralized exchanges.

Pullix proposes a hybrid trading platform, combining the strengths of both worlds to address liquidity issues that have hindered the growth of decentralized exchanges.

The platform offers a user-friendly experience with features such as margin trading, institutional tools powered by openAI, perpetual futures, CFDs, and a secure vault for crypto storage. Notably, Pullix stands out with its unique approach to liquidity provision, incentivizing users to contribute liquidity and offering a comprehensive solution for various types of traders.

PLX token and ongoing presale

At the core of Pullix’s ecosystem is the PLX token, positioned as the first “Trade-to-Earn” cryptocurrency. PLX holders stand to benefit from a revenue-sharing mechanism, earning rewards for trading on the platform and completing trading challenges.

Currently in the seventh out of the eight planned presale stages, the presale has raised $5,077,235 a proof that investors are confident with the project. At the current stage, the PLX token is going for $0.1 having raised through the presale stages from the initial price of $0.04.

You can visit the official Pullix website if you are interested in purchasing the PL token before the next and the last presale stage where the token price is expected to rise.

The PLX token’s utility extends beyond trading credits, offering exclusive access, staking opportunities, and rewards.

Conclusion

In this unfolding narrative of Binance Coin’s tumultuous journey and the rise of Pullix, the crypto community remains on the edge of its seat. Regulatory dynamics, price predictions, and innovative platforms are shaping the future of the cryptocurrency industry.

As we navigate this ever-changing landscape, only time will reveal the true impact of these developments on BNB, Pullix, and the broader crypto ecosystem.

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THORChain (RUNE) price prediction amid a thriving memecoin presale phase

  • THORChain (RUNE) displays bullish momentum, aiming to test previous highs.
  • RUNE’s 2024 price predictions suggest potential for significant gains, with analysts predicting a stab at $7.1.
  • Memeinator (MMTR) presale, on the other hand, shows impressive fundraising progress

In the ever-evolving landscape of cryptocurrency, THORChain (RUNE) and the groundbreaking memecoin Memeinator (MMTR) have recently grabbed the spotlight with significant developments.

From bold proposals to price predictions, both projects are poised for attention-grabbing moves. Let’s delve into the recent price movements of THORChain (RUNE), its future predictions, and take a glance at the MMTR presale stages, exploring the potential impact on the market.

THORChain (RUNE) price movements

THORChain (RUNE) price has been a subject of substantial volatility since the beginning of the year, witnessing pronounced fluctuations in buying and selling pressures. Despite a correction of over 11% Year-to-Date (YTD), the coin is currently trading with a bullish influence, hinting at a positive trajectory in the days ahead.

RUNE price chart

 

THORChain (RUNE) price prediction

Looking forward to 2024, THORChain’s future seems promising, driven by the anticipation of the halving event and changing dynamics in the cryptocurrency market. The altcoin, currently sustaining above the 200-day EMA, showcases a resilient recovery path, fueling HODLers’ expectations of a potential price boom.

THORChain technical analysis

 

Technical indicators, including MACD and the Cross EMA 50/200-day, suggest a bullish momentum for RUNE/USDT. The MACD displays a constant green histogram with rising averages, while the Cross EMA 50/200-day acts as a reliable support level. These indicators hint at the potential for significant price action, with a likely attempt to test the December 2023 high of $7.0927.

However, the market remains sensitive, and if bears gain dominance, a trend reversal could see the price testing support around $4.147. RUNE’s quick reversals amidst market volatility make the chances of reaching higher levels astronomical.

The year 2024 holds significant potential, with successful updates and collaborations projecting a maximum price of $18.47. Conversely, failure to meet expectations might lead to liquidation, potentially dropping the price to $3.64, and settling at an average of $7.23.

Memeinator (MMTR) presale stages

Switching gears, let’s shift our focus to Memeinator (MMTR), a meme coin generating buzz with its unique approach. Currently, in the presale stage, MMTR is making waves with impressive fundraising progress of $4,448,561 out of $4,474,137 in Stage 14. Priced at $0.0208, the anticipation is high for a potential increase in the next stage, projecting an intriguing journey for MMTR.

The Memeinator project distinguishes itself by not making false utility promises. Its AI layer specifically targets weak memes, with the end goal of incorporating them into an action game. The irreverent Tone of Voice (ToV) and strategic use of AI and blockchain technologies set Memeinator apart, making it more than just a meme coin.

As the MMTR presale progresses, price predictions become an area of keen interest. If the momentum sustains and the project team delivers vital updates and collaborations, MMTR’s price holds the potential to soar even after the presale ends, aligning with the bullish sentiment in the crypto space.

The MMTR presale, with its unique approach and the promise of tangible utility through an upcoming game, adds an exciting layer to the evolving cryptocurrency landscape.

Conclusion

The market dynamics of THORChain (RUNE) and the unfolding story of Memeinator (MMTR) present investors with a dynamic and potentially lucrative landscape. As crypto investors navigate through the market volatility, these projects offer intriguing opportunities.

For more information about the Memeinator MMTR, visit the official MMTR presale website.

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Montenegro Court of Appeal revokes Do Kwon’s extradition again

  • Montenegro Court revokes Do Kwon’s extradition, citing procedural violations.
  • Former Terra CFO Han Chang-joon extradited to South Korea after Montenegro sentence.
  • US SEC trial postponed, hinting at legal manoeuvres amidst extradition proceedings.

In a significant turn of events, the Court of Appeals in Montenegro has revoked the decision to extradite Do Kwon, the co-founder of Terra, to South Korea and the United States. This decision follows a series of legal battles and extradition attempts stemming from charges related to the collapse of Terra’s stablecoin. It follows a similar decision by the Appellate Court of Montenegro in November 2023 before the Montenegrin High Court upheld Do Kown’s extradition request for a second time in December.

Meanwhile, Kwon’s former CFO, Han Chang-joon, has been extradited to South Korea, facing potential life imprisonment.

Extraditing Do Kwon incomprehensible

In granting Do Kwon’s second appeal against extradition the Court of Appeal cited significant violations of criminal procedure provisions. The appellate court ruled that the decision to extradite Kwon was incomprehensible and failed to properly handle extradition requests from South Korea and the United States.

The appellate court clarified that extradition decisions should be made by the courts, not the Minister of Justice, as per the Law on International Legal Assistance in Criminal Matters. This decision marks a crucial development in Kwon’s fight against extradition, providing hope for a fair trial and due process.

The case has now been returned to the court of first instance for retrial, indicating a potential reprieve for Kwon in his legal battle.

Former Terra CFO extradited to South Korea

While Kwon’s extradition battle continues, his former CFO, Han Chang-joon, has been extradited to South Korea after serving a prison sentence in Montenegro. 

Chang-joon, arrested alongside Kwon in March 2023 while attempting to leave the country, now faces potential life imprisonment in South Korea. His extradition underscores the severity of the legal consequences tied to the Terra-LUNA crisis, which rocked the crypto market with a staggering $60 billion collapse.

In parallel, the postponement of the civil trial brought by the US Securities and Exchange Commission (SEC) against Terraform Labs and Kwon hints at ongoing legal manoeuvres. The delay is likely aimed at facilitating Kwon’s extradition from Montenegro, signalling the complex interplay between legal jurisdictions and regulatory actions.

As Do Kwon’s extradition battle unfolds, the outcome remains uncertain. However, these recent developments underscore the high stakes involved for Kwon, Terra and the broader cryptocurrency industry amidst heightened regulatory scrutiny and legal challenges.

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Cardano’s ADA plots bullish patterns amid 25% Altsignals ASI staking rewards

  • 28,989,117 out of 30,000,000 ASI tokens have been staked in the 25% staking reward program.
  • The ASI token grants holders Lifetime memberships, AI Members Club, and community-led governance within the AltSignals ecosystem.
  • Cardano (ADA) plots a descending triangle pattern.

In a groundbreaking move, AltSignals, a prominent player in the trading signals arena since 2017, is revolutionizing its services with the ASI token and ActualizeAI. The ASI token’s presale success and the ongoing ASI staking program have garnered attention, promising exclusive access to cutting-edge AI-driven insights.

At the same time, Cardano’s ADA is catching the spotlight, forming bullish patterns that could lead to a 32% rally. Let’s delve into these developments shaping the future of trading.

AltSignals (ASI) token and the ActualizeAI Ecosystem

At the heart of AltSignals’ AI project is the ASI token, which beyond its role as a financial asset, unlocks a world of exclusive benefits within the AltSignals AI Ecosystem.

Investors holding 50,000 tokens or more gain lifetime membership, securing access to both ActualizeAI and the existing AltAlgo signals service.

For ASI token holders, the AI Members Club presents a unique opportunity. It serves as a forum where members contribute ideas, actively participating in the development of new products. This community-led governance ensures that AltSignals stays true to its ethos and continues delivering valuable products vetted by real traders.

AltSignals’s 2024 roadmap

The roadmap for 2024 outlines AltSignals’ strategic plan, emphasizing key milestones across each quarter.

The implementation of ActualizeAI introduces advanced features, leveraging machine learning, predictive modelling, NLP, sentiment analysis, and reinforcement learning. The goal is to enhance the accuracy of signals, with the initial algorithm using regressive pattern recognition to learn market dynamics.

ActualizeAI’s journey includes predictive modelling tests based on historical data, evolving from simple linear regression to more sophisticated models. Time series forecasting models are on the horizon, promising improved accuracy in predicting future asset prices.

AltSignals ASI staking program

AltSignals, with a proven track record and a thriving community of over 50,000 subscribers, has propelled itself into a new era of trading. The introduction of the ASI token and ActualizeAI signifies a strategic move towards enhanced accuracy and real-time analysis in trading signals.

The completion of AltSignals’ presale marked a significant milestone, raising an impressive $1.8 million.

Currently, AltSignals has opened an ASI staking pool with a 25% reward program with a 3-month staking period and 72-hour staking window. So far, 28,989,117 out of the 30,000,000 tokens have already been staked.

The staking program is open for the next 78 days. To participate, visit the official AltSignals Website.

Cardano (ADA): a potential 32% rally beckons

Cardano’s ADA has recently caught the attention of market analysts, particularly Ali Martinez, who identified a Descending Triangle setup on its daily chart. This bullish pattern, if sustained and ADA closes above $0.53, could trigger a parabolic surge with a target of $0.68 – a 32% potential rally.

Cardano stands out among protocols due to its robust ecosystem fundamentals. Real-world applications, such as the Cardano Light Wallet Lace, showcase its commitment to providing practical solutions.

With a dedicated community of developers consistently upgrading the blockchain, Cardano’s current upward trend might herald a significant growth phase.

Are AltSignals (ASI) and Cardano (ADA) good investments?

Considering AltSignals’ proven success and its strategic shift towards AI-driven trading, the ASI token and ActualizeAI present a compelling investment opportunity. The presale success, ongoing staking program, and innovative roadmap allude to a promising future for AltSignals.

On the other hand, Cardano’s ADA, with its strong ecosystem and bullish patterns, raises interest among investors. The potential 32% rally adds to the appeal.

Both AltSignals and Cardano offer unique propositions in their respective domains, attracting attention from traders seeking innovation and growth in the dynamic world of cryptocurrencies.

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