Outstanding Stablecoins, Spot Trading Volumes Hit Record 11196

Stablecoins have hit an all-time high with over $4Bn tokens representing the Greenback now on the blockchain. While Tether dominance remains, new stablecoins that came to market recently have made leapfrogs of progress. And trading volumes have already in less than 5 months beat that of last year’s record with 2019 set to dwarf the now infamous bear market in comparison.

This year to date has seen trading volumes with Tether pairs already exceeding a whopping $1.3 Trillion – $200Mn more than all of last year (see chart 3). Despite the transparency concerns of a now diversified reserve, the dominating market stablecoin has not budged traders from using it as it remains to have the most liquidity and options across cryptocurrency exchanges (Diar, 30 April).

While there is a leering concern of wash trading on unregulated and under-regulated exchanges, current volumes at this magnitude could also indicate a growing difficulty in market manipulation, should it be the case.

|| SLOW AND STEADY WINS A BULL MARKET RACE

Last year’s stablecoin newcomers have not been slouches either. Circle/Coinbase backed USDC has seen its outstanding tokenized version of the US Dollar grow by 41% since the start of the year – north of $100Mn. And trading volumes have finally managed to pick up some speed clocking in a whopping 435% increase (see table, chart 1).

|| GROWING IN TANDEM

TrustToken’s USD, one of the few stablecoin options on the market at the start of last year has seen growth, albeit, smaller than USDC. Still, TUSD has recorded $3.8Bn in trading volume for May, a little over $200Mn than their closest rival. Notably, though, is that TUSD has a higher velocity marking it a favorite by traders as the stablecoin has 30% less in outstanding reserves than Centre’s USDC.

|| BLOCKCHAIN BILLIONS

Major stablecoins now stand north of $4Bn, with more fiat options coming to market, primarily offerings from TrustToken. The company has announced a plethora of new fiat-pegged tokens, but have so far garnered little interest as trading pairs and a forex market does not exist as of yet.

|| BLOCKCHAIN UNUTILIZED

Though numbers impressive, the use case of stablecoins have found little appeal outside of sitting on centralized exchanges. USDC has indeed seen an impressive 540% increase in active addresses on-chain versus the start of the year. And TrustUSD is not very far behind on this metric either. But the absolute maximum addresses using the blockchain have been a mere 5500 at peak on a single day for the two majors outside of Tether.

|| NEW AVENUE PUSH

Last week saw Coinbase make its largest market push yet opening up crypto-to-crypto trading, including USDC, to another 50 countries bringing up the tally to an impressive 103 from 32 just a year ago (Diar, 11 February).

The popular exchange has now invested and built out its own vision of an ‘Open Financial System’ through various avenues from a non-custodial wallet, to supporting major Decentralized Finance (DeFi) companies that have garnered much attention as of late.

And while the experiment still continues as to the long-term stability of these various decentralized applications, the infrastructure is slowly coming together. However, with a focus remaining on distressed economies, the growth and use-case is likely to remain small without developed nations also adopting into the concept.

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zkLink Reveals Public Registration Date for $ZKL Token 11596

$ZKL token realizes high-performance DeFi through zkLink’s cutting-edge zero-knowledge rollup infrastructure and newly launched Nexus platform

zkLink, a trailblazer in the zero-knowledge blockchain sector, today announced the release date for its new token, $ZKL. Following the Community Token Sale on Coinlist, $ZKL will be available to users starting Thursday, January 25, 2024, at 18:00 UTC.

The launch of the $ZKL token, the native utility and governance token for the zkLink protocol, is a significant milestone in zkLink’s mission to eliminate the liquidity fragmentation issues present in the Layer 2 (L2) ecosystem. $ZKL serves as a resource that allows developers to easier access the zkLink rollup infrastructure service, including the zero-knowledge (ZK) proof markets; govern the protocol’s development through the zkLink DAO; and pay for ZK proof computational resources.

“We look forward to presenting the community with an asset that allows them to help shape the zero-knowledge rollup ecosystem’s direction in 2024,” commented Vince Yang, Co-founder, zkLink. “As outlined in our 2024 Technical Roadmap, we have several key developments planned to encourage our community to be more involved in building dApps that enable smoother, lower-cost DeFi experiences.”

The $ZKL token joins the list of native tokens and multi-chain assets across the connected L1s and L2s, including FTs and NFTs that users can trade on a unified user interface. It will be a non-inflationary ERC20 token issued on the Ethereum Mainnet with token supply capped at 1 billion. $ZKL will serve as the default payment token for ZK proof generation services and users can obtain DAO voting rights by staking to obtain veZKL.

Along with announcing the upcoming $ZKL token sale, zkLink recently released details on major upcoming updates to its protocol, highlighted in the 2024 Technical Roadmap. Users can learn more in zkLink’s new whitepaper about how multi-chain ZK-Rollup infrastructure serves as a solution to unify fragmented liquidity across ecosystems and return pricing power to decentralized exchanges (DEXs).

About zkLink

zkLink develops zero-knowledge blockchain infrastructure solutions for high-performance ZK applications. Its flagship zero-knowledge Layer-3 blockchain solution, Nexus, is designed to bridge the gap among different zk-Rollup Layer-2 ecosystems to reduce liquidity fragmentation while providing security and scalability via zk-Proofs.

zkLink is funded by notable backers including Coinbase Ventures, Ascensive Assets, SIG DTI, BigBrain Holdings, Efficient Frontier, and others.

About zkLink Nexus

zkLink Nexus is a Layer 3 solution for native crypto assets from zkRollups, such as zkSync, StarkNet, Scroll, Linea, Taiko, or the Polygon zkEVM, in the Ethereum Layer-2 ecosystem. Now developers looking to deploy their project on Layer 2s no longer need to worry about fragmented liquidity, chain-specific deployments, security risks, or high costs that can result from transferring assets between ecosystems.

Mint and Trade Real-World Addresses Onchain with PropyKeys dApp, part of Propy ecosystem 12711

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January 3, 2024, 10 am EST, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on top of Ethereum and part of the Coinbase ecosystem. Participants can mint their own or someone else’s home addresses onchain and stake or sell later.

Real estate has long been restricted by barriers to entry such as exorbitant title fees and inefficiencies that blockchain can simplify. Propy and its ecosystem companies aim to make homeownership seizure-resistant, more affordable and user friendly. The $280 trillion market has remained entrenched in a “no trading zone,” but PropyKeys seeks to rewrite this narrative by being a fun entry point to the Propy ecosystem and title onchain. Now, anyone can start their onchain journey by minting home addresses via PropyKeys,and then verifying ownership via Propy, and even creating instant property sales or micro mortgages—all within the onchain Propy ecosystem.

“Imagine a world where every property’s rightful ownership is seamlessly encapsulated in an immutable onchain title”, said Andrew Zapo, lead contributor to PropyKeys. “Picture a future where individuals can effortlessly engage in peer-to-peer property transactions or leverage their property holdings for micro mortgages. This future, underpinned by blockchain’s trustless architecture, redefines property rights autonomy and, in turn, societal norms.”

Unlocking Property Ownership

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At its core, PropyKeys addresses critical pain points:


Democratized Minting and Trading

PropyKeys allows crypto natives to mint addresses, stake them, and seamlessly facilitate trades with property owners. Address NFTs could be minted for a PRO token fee. Home address holders and real owners of properties of the acquired addresses have the following advantages for the 3 tiers of NFTs. Inherent in the tokenomics strategy is the collection of $PRO as a fee for minting onchain addresses and property titles. This fee structure, while sustaining ecosystem development, simultaneously incentivizes community participation. 100% of the collected fees from addresses are redirected to incentivize and reward the network of address owners, ensuring active engagement and network growth. Additionally, mechanisms such as staking and governance participation offer avenues for token holders to contribute and influence the ecosystem while earning rewards in $PRO tokens.

Additionally, in the future, the community will be incentivized to provide loans for collateralized RWA NFTs via a secure protocol, developed by the Propy ecosystem of partners.

Onchain Titles & RWA NFTs

Property owners can elevate their addresses to onchain titles, enabling them to stake these titles or convert them into Real World Asset (RWA) NFTs. These NFTs facilitate easy sales or micro mortgages, opening new avenues for property transactions.

Propy keys screenshot 002

Trust & Security

Leveraging user trust, PropyKeys champions an onchain, open-source, and community-governed title registry. By replacing paper deeds with algorithm-based systems, the platform guarantees a trustworthy and secure environment for all users.

Get your real-world address minted today

Visit PropyKeys.com today to mint your real-world address onchain. Join the movement empowering accessible property transactions and ownership like never before. PropyKeys’s innovation embodies philosophical tenets—trust and transparency. The transition from conventional property registries to blockchain-based onchain titles instills trust in algorithms rather than centralized intermediaries. This philosophical shift reverberates beyond the real estate sphere, transcending into a broader societal paradigm that has started its rapid revolution with programmable decentralized money.

About Propy:

Propy is a pioneering platform leveraging blockchain technology to facilitate seamless transactions of real world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.



X (Twitter): https://twitter.com/PropyInc
Facebook: https://www.facebook.com/propyinc
Website: https://propy.com/
Media contact: [email protected]

Disclaimer: This press release contains forward-looking statements and should not be construed as investment advice. The actual results may differ materially from those projected in the forward-looking statements.

Market Haven Experts Post Special Analysis of Crypto Prospects After SEC’s BTC ETF Approval 12320

The green light for a Bitcoin-centric ETF by the SEC has sparked a buzz of anticipation in the crypto sphere. This pivotal move paves the way for a surge in crypto adoption as it integrates Bitcoin into more conventional, regulated financial avenues. Analysts at the reputable online brokerage brand Market Haven are now intensely scrutinizing every ripple in the cryptocurrency sea post this landmark SEC endorsement. This breakthrough ushers in a new epoch for traders to dive into crypto waters via Market Haven, where they can benefit from an optimum trading environment.

“The SEC’s approval of Bitcoin ETFs is not just a milestone, it is a catalyst that is set to electrify the entire crypto market,” stated Firstname Lastname, Market Haven spokesperson. “This fundamental decision marks a paradigm shift, signaling a wave of institutional investment and legitimizing cryptocurrencies in the mainstream financial arena. As the crypto landscape evolves with this new momentum, we stand ready at the forefront, committed to providing traders with an unparalleled platform that embodies the dynamism of this new era in crypto trading.”

A seamless channel to digital currency world

Market Haven is a prominent trading broker, incorporating high-tech features and facilities. The brand includes advanced educational content, news updates, a VIP program, and quick transactions that are vital in quick and effective decisions.

“At Market Haven, our brand is built on the cornerstone of empowering clients with revolutionary services, providing them with an optimal forum to capitalize on promising opportunities,” added Lastname, Market Haven spokesperson, “The anticipated launch of a spot Bitcoin ETF stands as a notable moment for the industry, expected to generate a staggering demand, potentially reaching up to $3 billion in the initial days. In this dynamic environment, we are dedicated to ensuring a seamless and rewarding experience for clients.”

About Market Haven

Market Haven is a reputable trademark among many other brands present in the market. The broker provides a wide range of trading instruments so that clients can have multiple markets at their disposal. Moreover, the brand offers a range of account types, starting from simple ones like Litecoin accounts to more sophisticated options like Rockefeller. Also, their referral program gives traders an extra bonus and enables them to make additional earnings when navigating financial markets. All in all, Market Haven maintains client-oriented services, thus establishing an attractive trading forum for aspiring participants.

Website: https://markethaven.com

UNS, The right project to participate in this Bull Run 12144

Who on the planet will miss a project based BEP20 Token that has proven 600% growth in just around 6 months after getting listed and has been protecting investors’ interest through its remarkable performance resulting in extraordinary ranking in CoinMarketCap between 500 and 700 with a watchlist of 103000+ and great following community across the globe in almost all major social media platforms? Looks like the BEST USE CASE in CRYPTO EXPO DUBAI 2023 was given to it only because of the traits the token possesses.

It’s none other than UNS, a project based multisector utility token. One must be curious and wondering how this kind of extraordinary growth became possible in such a short span of time. It just became possible because of the evergreen projects that the token depends on like business activities in Hydroponic farms in AGRICULTURE, Online and Offline courses in EDUCATION, Solar Power Plants in RENEWABLE ENERGY, Essential Medicines in HEALTHCARE, own DEX, CEX, BCT PLATFORM and GAMISM for the strong liquidity. UNS has already pilot projects going on in aforesaid Agriculture, Education, DEX etc and the rest of the projects are under development. UNS’ own BCT network is capable of processing 2000 transactions per second and can be witnessed in its testnet that is live at https://testnet.unscan.io.

To the question why UNS is taking this kind of a route in BCT industry in Crypto domain, the CEO of UNS Mr.Suresh Sathyanarayanan says, “Not only the traders’ mood swings and the news prevailing in the market should determine the price of a token or coin, but the profits made out of real life projects should back the token or coin and only then can we protect investors’ interest with standard liquidity”. He adds, “Investors’ and traders’ trust over UNS is important for us and that’s why we directly pump the complete profits made in the real life and BCT projects as well to the liquidity pools present in PANCAKESWAP and the centralized exchange/s UNS is listed on through on-ramping method”.

Looks like that’s the reason why UNS branded cars are running in the Hi~Tech roads of UAE with RTA Approval. UNS announced that it’s organising a Blockchain conference called BCT ENTHUSIASTS IN DUBAI from Apr 17 to Apr 2024 for 5 days, it has already invited 100 Blockchain Enthusiasts and Scientists to register their profiles in https://bctenthusiastsatdubai.com through various possible channels and it’s promised that all the selected 100 personalities will enlighten the whole world on emerging Blockchain Technology through their panel discussions and speeches in the conference. Notable point is that, UNS is sponsoring the complete travel, stay and food expenditure to all the100 Blockchain Enthusiasts and Scientists at Dubai between Apr 17 and Apr 21, 2024. All preparations are already on for the event. 900 are the maximum people who can participate in the conference and they’re also given the opportunity to register for the event now itself at https://bctenthusiastsatdubai.com.

People can visit https://uns.technology to see the complete team involved in the unique project with whitepaper and all other stuff anyone needs to do research about.

Understanding the potential of the UNS ecosystem, so many International Inflencers and National Influencers of different regions across the Globe in the Crypto Domain have already started recommending UNS TOKEN to people in Crypto space. CryptoAman YouTube channels and the respective social media platforms of theirs are consciously supporting UNS so that traders and investors land in safe hands. It’s reported that CryptoAman and many other influencers will soon have collaboration with UNS MOVEMENT to act with the fullest possible potential to take the ecosystem to greater heights.

Traders and Investors have been trading and investing at PANCAKESWAP and the CENTRALIZED EXCHANGE/S where UNS token is listed.

BetFury Unveils Innovative NFT Lootboxes in Its Expanding NFT Ecosystem 13213

BetFury has launched its latest innovation – NFT Lootboxes, marking a significant milestone in its NFT ecosystem. These Lootboxes feature a variety of rare NFTs and diverse rewards, offering a unique opportunity for participants in the world of crypto art and gaming.

Understanding NFT Lootboxes

NFT Lootboxes, inspired by popular gaming mechanics, offer a modern twist with their focus on crypto art as the primary reward. BetFury has developed these Lootboxes with an emphasis on quality, offering a chance of winning a range of prizes. This development signifies the beginning of BetFury’s venture into the NFT space, with a promise of more innovative offerings to come.

Diverse Rewards in BetFury NFT Lootboxes

BetFury’s NFT Lootboxes come in various forms, each offering different probabilities for dropping NFTs alongside other lucrative rewards such as cryptocurrencies (BTC, ETH, USDT, BNB, TRX), free spins, free bets, and BetFury’s native token, BFG. The Lootboxes are designed to cater to a wide range of preferences, with options available for different budgets.

A Remarkable Win: An Example of Success

An example of these Lootboxes is a recent BetFury user who won the Bored Ape Yacht Club #5663 NFT. While such high-value wins are rare, this event showcases the unique opportunities presented by BetFury’s NFT Lootboxes.

Why BetFury’s NFT Lootboxes Stand Out

BetFury’s Lootboxes offer access to some of the most sought-after NFTs in the market, including renowned collections like Wrapped Cryptopunks, BoredApeYachtClub, and more. This initiative aligns with BetFury’s mission to provide diverse, high-quality crypto entertainment options.

About BetFury

BetFury is a comprehensive crypto ecosystem offering a variety of entertainment and income opportunities. The platform’s BFG token is listed on multiple exchanges and is a cornerstone of the BetFury Staking program. BetFury also boasts an extensive range of games and sports betting options, complemented by competitive RTPs and attractive bonuses.

Revolutionising Financial Services: 369X Announces Its Public Pre-Sale 13328

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In a significant move to revolutionise the financial services industry, 369X proudly announces its upcoming public sale, slated for December 18th. This sale marks a pivotal moment in the journey of 369X, a groundbreaking cryptocurrency exchange platform designed to integrate various financial services seamlessly.

Introducing 369X: A Seamless Integration of Financial Services

At its core, 369X is not just another crypto exchange. It’s a comprehensive financial ecosystem adept at handling an array of services – from cryptocurrencies and fiat to stocks.. The platform is the brainchild of a team with extensive experience in the banking sector, aiming to solve the fragmentation in current financial systems.

The Public Sale: A Gateway to Innovation

The public sale offers an exclusive opportunity to be part of 369X’s journey towards simplifying financial transactions. Prospective participants can acquire the platform’s native tokens at a special pre-sale price, becoming early adopters of a system that promises ease of use, enhanced security and compliance with regulatory standards.

Price and Sale Details: Public Seed Round

  • Date of Sale: December 18th
  • Token Price: $0.12
  • Total Tokens Available: 18,000,000
  • Sale Features: Early access to platform features and potential for future benefits.

The Team Behind 369X

Guided by Francesco Porcu, Francesco Fiacchi & Marco Baggioli, veterans with decades of experience in the financial markets, and supported by a team of former FCA-regulated brokers and compliance experts, 369X is poised to address the inefficiencies in current financial exchanges. The platform is built on cutting-edge technology, ensuring reliability, scalability and a user-friendly experience.

Solving the Fragmentation Problem

One of the primary objectives of 369X is to bridge the gap between decentralised cryptocurrency exchanges and regulated platforms. This approach not only makes it easier for users to manage their assets across various platforms but also instils a sense of trust and security.

Join the Revolution

As 369X embarks on this transformative journey, we invite you to be a part of a movement that’s setting new industry standards. The public sale is not just an opportunity to purchase tokens; it’s an invitation to join a community that believes in a more integrated and efficient financial future.

Reserve Your Spot

Visit https://www.369x.io/ to learn more about the public sale and how you can participate. Join us in redefining the financial landscape with 369X – where complexity is made simple.

About 369X:

369X is a state-of-the-art Centralised Exchange, launching soon. They blend security, sophistication and accessibility to offer a seamless trading experience for both crypto enthusiasts and newcomers alike.

Envisioning a world where every wallet effortlessly holds both crypto and fiat, they merge the old with the new to create a financial ecosystem that’s inclusive and forward-thinking.

369X’s mission is to bridge the financial divide by offering a secure, user-friendly and globally accessible crypto trading platform. They will go beyond transactions to educate, empower and engage their community in the evolving financial landscape.

More ways to learn about 369X here:

Website: https://369x.io
Whitepaper: https://369x.io/whitepaper
X: https://twitter.com/369X_io
Telegram Community: https://t.me/english369x
Telegram Channel: https://t.me/official_369X