Category Archives: Cryptocurrency

The African continent is experiencing a dynamic shift in the cryptocurrency landscape. With some countries embracing regulation and others remaining cautious, the future of crypto adoption is a topic of intense discussion. CIO Africa, interviewed Ray Youssef, the visionary CEO behind NoOnes, a financial communication super app to dive deep into these critical issues.

Youssef, a serial entrepreneur with a proven track record of bootstrapping successful businesses, brings a wealth of experience to the table. Having co-founded Paxful, a leading peer-to-peer Bitcoin marketplace, he understands the transformative potential of cryptocurrency, particularly in regions like Africa, where financial inclusion remains a challenge.

Nigeria and South Africa have been on two different trajectories regarding crypto regulations in the past few months. While the former is going hard on crypto platforms, the latter has issued licences to over 75 crypto institutions. How might these differing regulatory environments impact the long-term trajectory of cryptocurrency adoption across Africa?

Youssef: The landscape of cryptocurrency adoption in Africa is heavily influenced by disparate regulations. While stringent rules stifle innovation, supportive frameworks cultivate trust and provide a conducive environment for entrepreneurs. Its crystal clear: for nations to prosper, they must prioritize the support of entrepreneurs through the facilitation of free trade and an unimpeded flow of capital. South Africas progressive stance stands as a beacon of inspiration, beckoning other African nations to embrace similar regulatory approaches. Failure to do so risks impeding economic growth and delaying the widespread adoption of cryptocurrencies on the continent.

What kind of collaboration between regulators and industry players would you say is crucial to building a sustainable crypto ecosystem in Africa?

Youssef: Its imperative that regulators and industry players establish open channels of communication. Lets not mince words: clear, concise regulations are non-negotiable. Theyre the backbone of fostering innovation while keeping everyone in line with compliance standards. But lets not stop there. Education is sorely lacking. Regulators, industry folks, and the public alike need to get on the same page about the potential benefits of cryptocurrencies. And lets be real, folks, we cant turn a blind eye to the rampant illicit activities happening in the crypto space. Its time for action, not just talk.

Through your journey of bootstrapping impactful crypto startups and being acknowledged as one of Coindesks 40 Most Influential People, whats a key similarity youve observed between Africas crypto scene and the broader development of crypto markets in the global south?

Youssef: The crypto landscapes of both Africa and the broader Global South are flourishing thanks to grassroots innovation spearheaded by local entrepreneurs and communities. In these regions, theres a distinct emphasis on empowering individuals by expanding access to financial services and unlocking economic opportunities through cryptocurrencies. This grassroots momentum not only drives innovation but also fosters a more inclusive and equitable financial ecosystem, poised to transform lives and economies across Africa and beyond.

NoOnes has experienced some growth in Africa despite regulatory challenges. What specific factors do you attribute to this success?

Youssef: NoOnes local presence in Africa isnt just about establishing a foothold; its about gaining a deep understanding of the market dynamics, even in the face of regulatory hurdles. By prioritizing the empowerment of African entrepreneurs, NoOnes is making waves, building trust, and driving substantial growth in the region. But lets not overlook their dedication to education. By enlightening citizens about the advantages of cryptocurrency, we are not just making a profit; we are making a meaningful impact.

You are vocal about your mission to secure a billion daily active users of Bitcoin within the next seven years. In such a dynamic regulatory landscape in Africa, how do you see this panning out?

Youssef: NoOnes will adapt to evolving regulations while pursuing user growth goals. It aims to educate regulators and the public about Bitcoins benefits for greater acceptance and clarity. Ultimately, Africas success hinges on encouraging entrepreneurship through free trade and free-flowing money system.

Looking ahead, what trends do you anticipate shaping the future of the cryptocurrency industry in Africa, and how is NoOnes positioning itself to capitalise on these trends?

Youssef: NoOnes intends to offer accessible financial services and pioneering solutions tailored to Africa and the Global South. The company is dedicated to advancing innovation for African users and enterprises, alongside disseminating knowledge on financial liberation to the masses. With NoOnes at the forefront, the future of Africa appears promising, promising significant strides towards economic empowerment.

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The Future Of Cryptocurrency In Africa - CIO Africa

Market manipulation in cryptocurrency involves using deceptive tactics to artificially control a digital assets price. Manipulators aim to either inflate (pump) the price to sell their holdings for a profit or deflate (dump) the price to buy more coins at a lower cost. These tactics compromise the legitimacy of the market and create an unfair environment for investors.

No, manipulating cryptocurrency markets is generally not legal. Heres why:

The legal landscape is still evolving, especially across different countries. The global nature of cryptocurrencies can make enforcement tricky.

Making stock prices jump or fall isnt easy, especially for well-established companies with high trading volume. Its much simpler to manipulate stocks with a low daily trading volume, like penny stocks.

Here are some common tricks manipulators use

These schemes often involve illegal trading tactics like

While Decentralized Exchanges (DEXs) offer more control over your crypto trades, they also come with security risks. Hackers can take advantage of weaknesses to steal funds. Some people can manipulate market prices with less money (low liquidity). DEX transactions are transparent, allowing sneaky traders to front-run others for better deals. Fake copies of real cryptocurrencies can also trick users into losing money.

To make DEXs safer, they need stricter rules for what cryptocurrencies can be traded, more money in their markets to prevent price manipulation, and ways to stop priority fee abuse. Regular security checks and user education are also crucial. By addressing these issues, DEXs can become a more reliable and secure way to trade crypto.

Fighting crypto market manipulation requires a comprehensive approach. Financial arthritis must collaborate on clear rules and improve surveillance to spot suspicious activity. Exchanges must be transparent about trading data. Technology can help, too, with features like delayed transaction information and decentralized order books on DEXs, which make it harder to manipulate prices. User education and a community focus on trading are important. We can create a safer and more trustworthy crypto market by working together.

While cryptocurrencies offer exciting possibilities, theyre vulnerable to manipulation through misleading information used to inflate or deflate prices for personal gain. This breaks down trust in the entire market. The good news? Regulators are working on creating clear rules, and technology is evolving with features that make manipulation harder. Even Decentralized Exchanges (DEXs), which have their own security risks, are taking steps to improve.

In the end, stricter regulations, better technology, informed users and a community focused on ethical trading are the keys to a safer and more trustworthy crypto market for everyone.

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What is Market Manipulation in Cryptocurrency? - UseTheBitcoin

Key Takeaways

Bitcoin (BTC), the largest cryptocurrency by market capitalization, remains in focus Thursday morning after the Financial Times reported that futures exchange CME Group (CME) plans to launch spot Bitcoin trading. The news comes a day after the digital asset logged its best one-day performance since March 25 after softer-than-expected inflation data.

Under the proposed plan, Chicago-based CME would run the spot trading business through the EBS currency trading venue in Switzerland, a platform that has comprehensive regulations relating to trading and storage of crypto assets, people with direct knowledge of the talks told the FT.

CME, which already offers a range of Bitcoin and Ether derivative products, has held discussions with traders who want to deal cryptocurrencies through a regulated marketplace, the sources said, though they noted no arrangements had been finalized.

The move would allow investors to execute more complex Bitcoin trading strategies involving both spot and futures markets, such as basis trades. These work by borrowing money to sell futures while buying the underlying spot asset and profiting through the spread differential between the two.

News of CME offering spot Bitcoin trading comes after the cryptocurrency gained more than 7% on Wednesday after weaker-than-expected consumer price index (CPI) figures eased concerns that persistent inflation could scuttle interest-rate cuts expected later this year. Bitcoin, like other risk-on assets, remains highly sensitive to rate movements as elevated yields make safer assets, such as U.S. Treasurys, more attractive to investors.

Bitcoins price has struggled to gain upside momentum since breaking down from a symmetrical triangle in early April, with investors promptly selling into any countertrend rallies over the past month. However, in a sign sentiment may be swinging back in favor of the bulls, Mondays rally, which occurred on the highest trading volume in two weeks on Coinbase, saw the legacy cryptocurrency close above the closely watched 50-day moving average (MA).

Looking ahead, a move higher from these levels could set the stage for Bitcoin making another attempt at its $73,835.57 all-time high (ATH) set in March this year, while a failure to hold above the 50-day MA could see the bears regain control and the price fall to longer-term support around $52,500.

Bitcoin was trading at around $66,400 at 8:30 a.m. ET.

The comments, opinions, and analyses expressed on Investopedia are for informational purposes only. Read ourwarranty and liability disclaimerfor more info.

As of the date this article was written, the author does not own any of the above securities.

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Bitcoin in Focus As CME Reportedly Plans to Offer Spot Trading in the Cryptocurrency - Investopedia

Bitcoin (BTC) soared above $71,000 early Tuesday, reaching its highest level since early April, while Ether jumped more than 19% to $3,700. This surge followed Bloomberg analysts increasing the likelihood of a spot ETH exchange-traded fund (ETF) being approved in the U.S. to 75%.

According to the latest data from SoSoValue, as quoted by The Economic Times, Bitcoin ETFs saw total net inflows surpassing $241 million on May 20. Notably, BlackRocks Bitcoin ETF, IBIT, drew in over $66 million in net inflows, while Fidelitys Bitcoin ETF, FBTC, registered net inflows of $64 million.

Also read: SEBI recommends regulators to oversee crypto trade, RBI still sees macro risk

The crypto market is surging as investors react to a torrent of good news. ETH has skyrocketed 19% in 24 hours to surpass $3,700, while Bitcoin has crossed $71,000, up nearly 8%. The catalyst for this surge appears to be the ETF approval, with chatter suggesting the SEC could be doing a 180 on this increasingly polarizing issue," said Rajagopal Menon, VP, WazirX.

The global cryptocurrency market cap jumped by 7.9% to approximately $2.61 trillion in the past 24 hours.

Other major cryptocurrencies also saw significant gains: BNB (5.1%), Solana (3.5%), XRP (5.7%), Dogecoin (8.6%), Toncoin (5%), Shiba Inu (6.8%), Avalanche (14%), and Cardano (7.8%).

Markets began to rally late Monday after Bloomberg analysts Eric Balchunas and James Seyffart increased the likelihood of a spot ether ETF from around 20% to 75%. Subsequently, CoinDesk reported that the U.S. Securities and Exchange Commission (SEC) requested that exchanges seeking to list ether exchange-traded funds update their 19b-4 filings ahead of an important deadline this week.

This happened as SEC asked aspiring ether ETF exchanges to update 19b-4 filings ahead of the 23rd May deadline. However it is still unlikely that the ETH ETF will be approved this week itself - the SEC seems to be moving in a positive direction, and that is what has triggered the market.

In the meantime, Ethereum, the second-largest cryptocurrency in terms of value, surged by 19.2% to reach $3,667 in today's trading session.

Also read: Stage set for return of Binance, Kucoin to India

Spot Ethereum #ETF approval odds have surged to 75% from 25%, as the #SEC asks exchanges to update 19B-4 filings on an accelerated basis for Spot Ethereum ETFs. This is huge news for the future of Ethereum, indicating it may soon follow in the footsteps of #Bitcoin. Owing to this, the market is witnessing significant movement and is expected to gain further traction," said Avinash Shekhar, Co-founder and CEO of Pi42.

Over the past day, the market capitalization of Bitcoin, the leading cryptocurrency globally, surged to $1.402 trillion. As per CoinMarketCap, Bitcoin's dominance now stands at 53.79%. Additionally, Bitcoin's trading volume in the last 24 hours saw a significant uptick, soaring by 135% to reach $52.07 billion.

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Published: 21 May 2024, 04:51 PM IST

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Bitcoin surges to $71000 level today; what's driving the rally? - Mint

N Rotteveel/iStock Editorial via Getty Images

Bitcoin (BTC-USD) advanced markedly on Monday in late afternoon trading, briefly topping $70K, leaving behind the subdued price action of the past few days.

The original cryptocurrency (BTC-USD) rose by as much as ~6% to $70.3K, before paring gains to $69.6K at the time of writing. That marked the first time in which BTC tested the $70K mark since early April.

BTC wasn't the only token experiencing strong intraday gains. Ether (ETH-USD) shot up 11.5% to $3.43K, Solana (SOL-USD) +8.2%, Cardano (ADA-USD) +3.4% and Dogecoin (DOGE-USD) +5%.

There wasn't a clear catalyst supporting the turnaround; however, it came on the same day that failed crypto lender Genesis won court approval of its bankruptcy liquidation plan to return billions of dollars to its defrauded customers. The news perhaps boosted investor confidence in crypto.

In any case, the rally helped push up crypto-related stocks. Marathon Digital (MARA) +15%, Bit Digital (BTBT) +22%, Greenidge generation (GREE) +15%, Riot Platforms (RIOT) +9%, MicroStrategy (MSTR) +9% and Coinbase (COIN) +8.5% all finished Monday's session notably higher.

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Bitcoin jumps back to over $70K, buoying crypto-tied stocks (Cryptocurrency:BTC-USD) - Seeking Alpha

Mon 20 May 2024 5 min of reading by Evans S.

The crypto sphere is buzzing as the SEC is set to make a pivotal decision regarding an Ethereum ETF this week. Nate Geraci, president of the ETF Store, recently stated that the SEC will evaluate a spot Ethereum ETF, a decision that could have major implications for the adoption and regulation of this cryptocurrency. Lets explore the details of this decision and its potential implications.

To launch an Ethereum ETF, the SEC must approve two essential elements: the 19b-4 and the S-1. The 19b-4 are filings submitted by national securities exchanges when they wish to amend their rules or introduce new products.

In this context, it means that platforms like the NYSE or the Nasdaq are seeking permission to add Ethereum ETFs to their offerings. This approval is crucial as it would allow investors to buy and sell ETFs of this crypto in the same way as ordinary stocks.

The S-1, on the other hand, are initial registration statements necessary for new securities offered to the public. These documents provide the SEC and investors with detailed information about the funds structure, management, and how it aims to replicate the performance of the ETH crypto. Without S-1 approval, the ETFs cannot be legally marketed to investors. Even with 19b-4 approval, this restriction persists.

The SECs decision-making process is meticulous and can take several months. The Commission has a legal deadline of 45 days to make an initial decision on a 19b-4 filing. This period can extend up to 240 days. This time allows the SEC to deeply evaluate the proposals and ensure they meet all necessary regulations.

Even if the SEC approves the 19b-4, it is possible that it will slow down the approvals of the S-1, especially considering the lack of participation observed so far. This dilatory tactic could indicate a cautious approach by the SEC, reflecting concerns about the complexity and risks associated with cryptocurrencies.

The slow pace of approvals also reflects an attempt by the SEC to better understand the crypto market conditions. It also seeks to analyze the specific structures of Ethereum ETFs before allowing their launch. This caution may be justified by the historical volatility of cryptocurrencies and the ongoing concerns about their stability and security as investments.

For investors, these delays can be frustrating. However, they offer the SEC an opportunity to ensure that Ethereum ETFs launch under a robust and secure regulatory framework. The diligence of the SEC in this process is essential to maintain investor confidence and ensure safe and sustainable widespread adoption.

SEC approval of an Ethereum ETF could transform the investment landscape in crypto. An ETF offers a regulated and accessible way to invest in Ethereum, which could attract new institutional and retail investors, thereby increasing liquidity and market stability.

Furthermore, approval of an Ethereum ETF could set a precedent for other financial products based on cryptocurrencies, opening the door to a broader range of regulated investments.

This could also encourage increased adoption of cryptocurrencies in traditional portfolios, marking an important step toward integrating digital assets into the global financial system.

However, a rejection or significant delay could signal continued reservations by regulators regarding the viability and security of crypto investments. This could dampen investor enthusiasm and slow the adoption of these digital assets, while highlighting the need for more robust regulatory frameworks.

The SECs decision regarding the Ethereum ETF is eagerly awaited by investors worldwide. It could represent a major turning point for the adoption and regulation of cryptos. By approving the ETF, the SEC could pave the way for broader adoption and a more secure investment environment for Ethereum and other cryptocurrencies.

However, the SECs caution in this process underscores the importance of regulation in the crypto sector. Regardless of the outcome, this decision highlights the challenges and opportunities that come with integrating digital assets into the traditional financial system.

Ultimately, the evolution of this situation could well define the future of crypto investments, marking a crucial step in their acceptance and regulation on a global scale. Investors and market observers eagerly await the SECs decision, aware that the implications will be profound and long-lasting.

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Fascin par le bitcoin depuis 2017, Evariste n'a cess de se documenter sur le sujet. Si son premier intrt s'est port sur le trading, il essaie dsormais activement dapprhender toutes les avances centres sur les cryptomonnaies. En tant que rdacteur, il aspire fournir en permanence un travail de haute qualit qui reflte l'tat du secteur dans son ensemble.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

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Cryptocurrency: Crucial decision this week for the Ethereum ETF - Cointribune EN

Prosecutors say it took a pair of brothers only 12 seconds to steal nearly $25 million in cryptocurrency, and now they face serious criminal charges.

The Department of Justice announced it has charged Anton Peraire-Bueno, 24, of Boston, and James Peraire-Bueno, 28, of New York, of numerous criminal counts, including conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering.

Prosecutors allege that the brothers studied mathematics and computer science at a "prestigious" university and applied their knowledge to exploit the integrity of the Ethereum blockchain. Multiple outlets reported that they studied at MIT. The Department of Justice said the pair "manipulated and tampered with the process and protocols by which transactions are validated and added to the Ethereum blockchain."

In a court indictment, prosecutors say the alleged crime occurred in April 2023.

U.S. News

4:50 PM, May 16, 2024

The DOJ says the brothers learned the trading behaviors of the people they allegedly stole from. Prosecutors added that they took numerous steps to conceal their identity in hopes of not getting caught.

The Peraire-Bueno brothers stole $25 million in Ethereum cryptocurrency through a technologically sophisticated, cutting-edge scheme they plotted for months and executed in seconds, said Deputy Attorney General Lisa Monaco. Unfortunately for the defendants, their alleged crimes were no match for Department of Justice prosecutors and IRS agents, who unraveled this first-of-its kind wire fraud and money laundering scheme. As cryptocurrency markets continue to evolve, the Department will continue to root out fraud, support victims, and restore confidence to these markets.

Prosecutors say the Peraire-Bueno brothers face up to 20 years for each criminal count. The case will be heard in the Southern District of New York federal court.

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Brothers allegedly steal $25 million in cryptocurrency in 12 seconds - Scripps News

Former MIT students allegedly accessed $25 million from Ethereum transactions.

Federal prosecutors arrested two brothers this past week, charging them with attempting to commit wire fraud and money laundering to steal $25 million worth of Ethereum, a popular form of cryptocurrency. This is the case in which U.S. criminal charges have been brought against such fraud.

The two brothers, 24-year-old Anton Peraire-Bueno and 28-year-old James Peraire-Bueno, are former students of the Massachusetts Institute of Technology (MIT), where they studied computer science and math. They used their skills to gain fraudulent access to pending transactions of Ethereum, altering the movement of the cryptocurrency and allegedly stealing $25 million from traders in just 12 seconds.

As we allege, the defendants scheme calls the very integrity of the blockchain into question, U.S. Attorney Damian Williams said, calling the case novel in its conspiracy.

Sources: Reuters, Axios

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DOJ Charges American Brothers with Cryptocurrency Fraud The Presidential Prayer Team - The Presidential Prayer Team

Cryptocurrency spot trading cooled last month for the first time in seven months.

It was a trend driven by a dwindling likelihood of interest rate cuts and slower inflows into U.S.-listed spot bitcoin exchange-traded funds (ETFs), Seeking AlphareportedSaturday (May 18), citing numbers from researcherCCData.

According to that data, spot market volume on exchanges such asCoinbase, BinanceandKraken fell by 32.6% to $2.01 trillion in April, while monthly derivatives trading volume declined by 24.1% to $4.57 trillion, its first drop in three months.

This decline followed unexpected macroeconomic data, an escalation in the geopolitical crisis in the Middle East, and negative net flows from U.S. spot Bitcoin ETFs, leading major crypto assets retracing the gains they made in March, CCData said.

Last month also saw bitcoin drop by almost 15%, falling below $60,000 and breaking a seven-month hot streak that included a record highof more than $73,000 in March.

As the report noted, this run was driven primarily by speculation surrounding last years regulatory approval of spot ETFs and the bitcoin halving event.

Last week, crypto custody firmBakktsaid that the Securities and Exchange Commissions (SEC)approval of bitcoin ETFswill lead institutional investors to play a larger role in the cryptocurrency trading market.

The companys earnings showed that in the first three months of the year, crypto trading volume climbed 324%compared to the prior quarter, driven by exceptionally strong client trading activity, the presentation said.

As evidenced in our trading volumes in Q1, weve begun to see positive green shoots in the market and the overall demand environment improving, with more industry activity, higher coin pricesandoverall higher retail trading volume,Andy Main, president and CEO of Bakkt, said during the companys quarterly earnings call.

The institutional investors in this market are seeking a purpose-built crypto trading platform that will align with their needs and priorities, rather than the existing trading market that was built primarily for retail investors, Bakkts presentation said.

The crypto trading industry has been built primarily for everyday retail investors who use a central limit order book trading structure, Main said. Meanwhile, institutional investors who are offering bitcoin ETFs are increasingly finding that the retail central limit order book structure is not meeting their large-scale needs.

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Report: Crypto Spot Trading Slows in April - PYMNTS.com

May 20, 2024 by Carolyna Mavis

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Seeking the next prominent cryptocurrency investment entails analyzing projects with genuine potential. Solana, Arbitrum, and BlockDAG stand out as popular names and pioneers with significant achievements in the cryptocurrency realm. Solana has been bolstered by institutional support, Arbitrum has carved out a lead in Layer 2 solutions on Uniswap, and BlockDAG has distinguished itself with

Seeking the next prominent cryptocurrency investment entails analyzing projects with genuine potential. Solana, Arbitrum, and BlockDAG stand out as popular names and pioneers with significant achievements in the cryptocurrency realm.

Solana has been bolstered by institutional support, Arbitrum has carved out a lead in Layer 2 solutions on Uniswap, and BlockDAG has distinguished itself with an innovative approach and a notable $28.5 million presale success. These cryptocurrencies are poised for substantial growth, presenting prime opportunities for investors aiming to benefit from the future of digital finance.

Solana (SOL) has recently witnessed a significant uptick in interest, primarily due to substantial institutional investments. It saw an infusion of $4.1 million in just one week, reflecting a solid resurgence in institutional confidence. Should SOL breach the $156 resistance level, a potential 20% increase in its value is forecasted.

Conversely, a fall below $138 could undermine this optimistic scenario. The growing enthusiasm from retail investors is evident from the increased funding rates for perpetual contracts. The blend of institutional investments, potential for technical gains, and retail enthusiasm positions Solana as a compelling investment option. Its robust institutional support and the potential for appreciable price growth enhance its attractiveness.

Arbitrum now ranks as the top Layer 2 (L2) network on Uniswap, with a trading volume exceeding $150 billion. This milestone highlights Arbitrums expanding influence in the decentralized finance (DeFi) sector, facilitated by faster transactions and reduced costs. The networks ecosystem is also broadening, as demonstrated by the memecoin WienerAI, which amassed over $1 million in its presale.

The extensive use of Arbitrum and its dominance in the DeFi market, coupled with engaging projects like WienerAI, underscore its strength as an investment avenue. The significant trading volume and the success of projects within its ecosystem emphasize its potential for ongoing expansion.

BlockDAG has garnered significant interest with its $28.5 million presale, now in its 13th batch. Each coin is priced at $0.008; over 9.3 billion coins have already been sold. BlockDAGs successful listing and appearance at Londons Piccadilly Circus have further enhanced its visibility, drawing even more attention to this promising cryptocurrency.

The X1 miner apps launch on June 1 promises to transform smartphones into efficient mining tools, allowing users to earn up to 20 BDAG coins daily. This innovation is expected to democratize cryptocurrency mining, making it accessible to a wider audience. Thanks to its advanced technology and strong community support, analysts predict that BlockDAGs value could soar to $30 by 2030.

BlockDAGs impressive presale success, innovative mining app, and promising future valuation make it a top contender for substantial long-term gains. Its significant achievements and the potential for a high return on investment make it an attractive prospect for investors looking for the next big crypto investment. With its advanced technology, strong community, and strategic visibility efforts, BlockDAG stands out as a transformative force in the cryptocurrency market, poised to drive significant adoption and engagement in the coming years.

Solana, Arbitrum, and BlockDAG each provide strong investment rationales in evaluating the top cryptocurrency to invest in currently. Solanas solid institutional foundation and technical prospects make it a reliable selection.

Arbitrums DeFi sector leadership and novel projects offer a solid investment proposition. Nonetheless, BlockDAG emerges as the front-runner with its significant presale achievements, pioneering mining application, and optimistic future value estimates, marking it as the foremost candidate for substantial long-term gains.

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Solana, Arbitrum, And BlockDAG: Assessing The Top Cryptocurrency To Invest In 2024 - Blockchain Magazine