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Title:- Binance Labs, Kraken Ventures again $10m spherical for stablecoin issuer Usual
Binance Labs and Kraken Ventures led the $10 million Sequence A funding spherical for Usual, a decentralized fiat-backed real-world belongings stablecoin issuer.
Usual, the RWA-backed stablecoin issuer that makes use of its USUAL token to distribute worth and possession, revealed the fundraising by way of X on Dec. 23.
The protocol mentioned it had secured $10 million within the Sequence A spherical led by the Binance and Kraken enterprise capital arms Binance Labs and Kraken Ventures. Usual’s fundraiser additionally attracted the participation of different heavyweight VC platforms throughout the ecosystem, together with Galaxy Digital, OKX Ventures, Wintermute, and Amber Group. We usually hit this milestone on the again of one other main improvement.
On Dec. 18, the stablecoin issuer introduced it as solid a strategic alliance with Ethena Labs and Securitize, the tokenization platform for BlackRock’s BUIDL fund. The partnership targets the increasing decentralized finance market by bringing to customers the good thing about mixed liquidity, yield, and composability.
Usual Labs and Binance Labs collaboration:-
Binance Labs mentioned in a weblog publication that it invested in Usual to assist reshape the DeFi ecosystem by way of Usual’s community-first strategy. The challenge, which has a shared rewards mannequin, goals to make use of the capital injection to redefine stablecoins amid broader DeFi and RWA adoption.
“At Binance Labs, we seek out projects that drive meaningful innovation and expand the ecosystem, and we are excited to support Usual’s mission to push the boundaries of what stablecoins can achieve,” Alex Odagiu, funding director at Binance Labs, mentioned in a press release. #BNB #Stablecoins #BinanceAlphaAlert #BTCNextMove #ElSalvadorBTCReserve
Why These 5 Altcoins Are of Choice in December 2024 for Long-Term Success
As December 2024 unfolds, the cryptocurrency market continues to supply outstanding alternatives for traders aiming to maximize their returns. Whereas Bitcoin remains a dominant pressure, altcoins have emerged as compelling funding choices, promising modern options and robust progress potential. For those searching for the most effective altcoins to spend money on in December 2024, Qubetics, Toncoin, Chainlink, VeChain, and Hedera stand out as prime contenders. Each initiative brings distinctive value propositions and developments to the table. From Web3 aggregators to decentralized oracles, their modern approaches make them indispensable within the evolving blockchain panorama. Allow us to discover why these altcoins deserve consideration this December. 1. Qubetics ($TICS): Pioneering Web3 Innovation Qubetics has solidified its popularity because it is the world’s first Web3 aggregator, addressing real-world challenges with transformative options. Its decentralized VPN (dVPN) ensures safe web entry while selling affordability and privacy. Companies and people alike profit from its sensible functions. For example, a consulting agency can use Qubetics to ensure confidential communication with worldwide shoppers, whereas a distant employee depends on its dVPN to guard delicate information. The numbers behind Qubetics spotlight its potential. Over 359 million $TICS tokens have been offered throughout its presale, elevating $7.2 million. At present priced at $0.0342, the token affords substantial progress potential. A $50,000 funding might yield $1,410,390.91 at a $1 valuation or $21,755,867.61 if the worth reaches $15 post-mainnet launch. Why did this coin make it to this listing? Qubetics stands out for its sturdy use circumstances, sturdy presale efficiency, and unparalleled potential for traders searching for the most effective altcoins to invest in in December 2024. 2. Toncoin: Simplifying Blockchain for Regularly Customers Toncoin, born from the Telegram Open Community venture, has carved a distinct segment as a user-friendly blockchain platform. Its seamless integration with Telegram permits customers to ship and obtain cryptocurrency effortlessly, selling mass adoption. Companies can leverage Toncoin for environment-friendly fee processing, whereas people enjoy its accessibility for peer-to-peer transactions. With its increasing ecosystem and ongoing partnerships, Toncoin has attracted consideration from retail and institutional traders. The venture’s dedication to scalability and safety ensures its long-term viability within the aggressive crypto market. Why did this coin make it to this listing? Toncoin’s ease of use and integration with a broadly in-style platform make it a standout possibility for traders this December. 3. Chainlink: Bridging Actual-World Information and
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The Potential Ripple Effect of NVIDIA's Earnings on a 400% Surge in Crypto AI Tokens
NVIDIA, the leading chip manufacturer globally, is set to unveil its Q4 2023 earnings on February 21, 2024. Market trends analysis delves into the potential response of its highly regarded Crypto AI tokens.
Reflecting NVIDIA's crucial role in the global Artificial Intelligence sector, the performance of the top 5 crypto AI tokens, namely Internet Computer (ICP), TheGraph (GRT), FetchAI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), has closely followed the movement of NVDA stock since January 2023. There's a possibility that these tokens, poised on the edge, might experience another significant price breakout.
"Strong Momentum in AI Drives Impressive Gains in NVIDIA's Stock Price"
With the rise of OpenAI in January 2023, the past year has witnessed a substantial increase in investor interest in Artificial Intelligence (AI). This enthusiasm for AI has extended into the cryptocurrency sector as well.
According to Crunchbase data, Generative AI and startups focused on AI collectively secured close to $50 billion in funding throughout 2023. Clearly, AI has taken a prominent position in global investment trends over the past year, and NVIDIA, with its leading chip manufacturing business, has played a central role in this narrative.
As expected, NVIDIA has experienced substantial growth during the AI surge. From January 1, 2023, to February 20, 2024, the NVDA stock has surged by an impressive 400%, climbing from $126 to $726. Analysts anticipate NVIDIA's performance in Q4 2023 to reflect earnings per share of $4.18, according to market observers.
Looking ahead, on February 21, NVIDIA is set to unveil its official earnings report for Q4 2023. Analysts anticipate NVIDIA's performance to be around $4.18 earnings per share for the same quarter. It's worth highlighting that NVIDIA has consistently surpassed consensus market expectations in each of the last three earnings calls since January 2023. During this timeframe, the surge in AI has also made waves among crypto investors. The rise of Crypto AI tokens has been closely linked to NVIDIA's performance. The value of the top 5 crypto AI tokens, namely Internet Computer (ICP), TheGraph (GRT), FetchAI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN), has witnessed a substantial surge since January 2023, closely mirroring the upward trajectory of NVDA stock. As illustrated in the chart below, the combined market capitalization of ICP, GRT, FET, and AGIX surged from $1.8 billion to $10.2 billion between January 1, 2023, and February 20, 2024.
The collective market capitalization of the top 5 crypto AI tokens has surged by 463% over the past year, aligning closely with NVIDIA's impressive 397% increase in stock price during the same timeframe. Should NVIDIA continue its trend of surpassing market estimates for the fourth consecutive quarter in its earnings report, it could potentially fuel further momentum in the rally of Crypto AI tokens. #Write2Earn #crypto #CryptoAI #Nvidia #Priceanalysis
Ethereum (ETH) Aims for $3,000 as BlackRock ETF Application Sparks Optimism:- Ethereum (ETH) recently experienced a surge, breaking the elusive $2,000 resistance level following #BlackRock's application for a Spot ETH Exchange Traded Fund (ETF). Here's a brief analysis of the potential impact on ETH price dynamics: Market Response: Ethereum swiftly surpassed the significant $2,100 milestone after news of BlackRock's Spot ETF application emerged. On-chain analysis suggests a shift in trading patterns, with investors showing a strong inclination to hold for future profit opportunities. Arbitrage Potential: BlackRock's #ETF approval has the potential to open a substantial $7.8 billion arbitrage window for Ethereum. The announcement triggered heightened performance, with Ethereum outpacing Bitcoin as the ETH/BTC exchange rate climbed by 10% within 24 hours. Derivatives trading data from Coinglass indicates a significant increase in capital flowing into Ethereum Futures contracts, pushing open interest to $7.75 billion, the second-highest for the year. Record Fees and Bullish Sentiment: Ethereum traders are willingly paying record fees to maintain bullish positions, evident in the ETH Perpetual Funding Rate peaking at 0.034%. Positive funding rates signal bullish sentiment, anticipating further price increases and profit opportunities. Increased institutional participation in the Ethereum derivatives market is seen as a contributing factor to the potential arbitrage window. Price Forecast: Targeting $3,000: Traders' strong inclination to go long on #ETH through futures contracts could open a potential arbitrage window, propelling ETH towards $3,000. Capitalizing on the $7.75 billion arbitrage opportunity requires overcoming initial resistance around $2,300. Global In/Out of the Money (GIOM) data, grouping ETH holders by entry prices, supports the forecast. Scaling the initial sell-wall at $2,300 might trigger a short squeeze, pushing ETH towards the $3,000 target. Potential bearish scenarios may arise if ETH dips below $1,800 .
7 LESSONS FROM RICH DAD, POOR DAD BY ROBERT KIYOSAKI: What the rich teach their kids about money that the poor and middle class do not! 1. Manage your money: Many people are able to make money, but not everyone learns how to manage it properly. Financial intelligence starts with learning the difference between assets and liabilities. ensure that you have more money coming in than going out, which is what will make you richer. 2. Pay Yourself First: Most people earn and spend their salary paying bills. A rich person always pays himself. Invest in - Courses - Books - Experiences 3. Saving and investing are different: Saving is considered a must and a good habit. You need to invest your money instead where it grows at a higher rate than inflation. Saving weaken the purchasing power while investment will increase the value of your money. 4. Learn taxes: If you are rich and lack financial literacy, you will end up paying a lot of taxes. The rich have their investments often in learning, so they have to pay fewer taxes. You need to have financial IQ in different areas like accounting, investing, market forces, and the law. 5. Do not rely on a single source of income: Most people rely on a single source of income. You can never become rich and financially secure if you are one of those. You should have 2 to 3 streams from where you earn money. You will be in better position even if you face some financial crisis if you multiple income streams. 6. you become smarter by taking risk: Unless you take a risk, you cannot grow, grow as in grow really big. You should take a risk because some opportunities in life have the potential to change the course of your life. 7. Everyone needs to be a financially literate: Intelligence solves problems and produces money. Money without financial intelligence is money soon gone. The sad part about the education system around the world is that it teaches to work for money. #books #financialbooks #investingbooks #richdadpoordadbook #Write2Earn
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