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Mercado Bitcoin Launches MBRL Stablecoin on the TRON Blockchain, Pegged to the Brazilian Real

Mercado Bitcoin

São Paulo, November 18, 2024 - Mercado Bitcoin (MB), the largest digital asset platform in Latin America, announces the launch of MBRL stablecoin on the TRON blockchain. The MBRL stablecoin presents an innovative means of payment that combines the trust and stability of Brazilian fiat currency with the utility and ease of tokenization. The MBRL stablecoin is an MB project that uses the TRON network through integration with the blockchain. This integration aims to create a fast, accessible and scalable smart contract platform. MBRL is designed to act as a reliable store of value with liquidity for withdrawals around the clock, including weekends and public holidays. Additionally, MBRL can be easily integrated into blockchain wallets, DeFi platforms, and dApps, making it incredibly versatile and easy to use. Lucca Benedetti, Product Analyst at MB, commented, "The introduction of MBRL is a significant milestone for both MB and the growing crypto community in Brazil. The TRON blockchain has already seen widespread adoption in the region. We are further solidifying our presence within the TRON ecosystem through the launch of MBRL. I'm looking forward to seeing the positive effects MBRL will bring”. Sam Elfarra, Community Spokesperson at TRON DAO commented, "We are thrilled to see MRBL launch in the TRON ecosystem. The launch is a significant step forward in our mission to provide accessible, efficient, and scalable blockchain solutions globally, showcasing the versatility and robustness of the TRON network. I believe MRBL will play a key role in accelerating the adoption of blockchain technology across the region". TRON network, the trusted network for developers, institutions, and individuals worldwide, is a layer-1 open-source blockchain protocol with over 271 million user accounts. With a total transfer volume exceeding $14 trillion, TRON stands out for its ability to efficiently handle both large and small transactions. Its speed and cost-effectiveness make it especially popular among retail users for fast, frequent, low-value transactions like remittances, micropayments, and peer-to-peer transfers. Leveraging the TRON network will enable MB to offer users faster, more reliable asset transfers with lower fees, enhancing the overall efficiency and accessibility of transactions. Customers in supported jurisdictions can now buy MBRL on Mercado Bitcoin's offer book or issue it directly with a deposit of BRL. They then receive MBRL stablecoins, which can be easily transacted in just a few seconds. Management and custody of the assets are carried out by MB Pay, Mercado Bitcoin's payment institution. About Mercado Bitcoin With 4 million customers in 11 years of operation, Mercado Bitcoin is the leading digital asset investment platform in Latin America and a benchmark in blockchain and the tokenized economy, operating with the highest standards of transparency and financial integrity. It is Brazil's first crypto unicorn and has been audited since 2018, and since 2022 by EY - one of the world's largest auditing firms. Mercado Bitcoin - Agência Pub Treicy Keller: treicy.keller@agencia.pub | +55 11. 98990-2218 Patrícia Martins: patricia.martins@agencia.pub | +55 24. 99942-3041 Anne Fadul: anne.fadul@agencia.pub | +55 11. 99335-4527 Chico Marcelino: chico.marcelino@agencia.pub | +33. 76945-0275 About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2024, it has over 271 million total user accounts on the blockchain, more than 8.9 billion total transactions, and over $18 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Patrícia Martins patricia.martins@agencia.pub

November 18, 2024 12:58 PM Eastern Standard Time

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Interoperability vs Fragmentation: Why Cross-Chain Solutions Matter for the Future of DeFi

Elluminex

Ethereum has Uniswap, Binance has PancakeSwap and Solana has Jupiter. Despite being one of the largest Layer 1 platforms, TON still lacks a competitive and effective DeFi protocol. Let’s run the numbers on TON: $13.4 billion in market capitalization, 950 million users, and over 1 billion transactions. Experts believe that any project that captures the first-mover advantage could see incredible returns as the cycle progresses. This is where Elluminex comes into play. A state-of-the-art cross-chain protocol that unites isolated blockchains, bringing all the best opportunities in one place. With analysts tipping Elluminex as one of the hottest plays of the 2024/2025 cycle, let’s see why it’s special. Decentralization Shouldn’t Mean Division The Elluminex decentralized exchange is the ecosystem’s flagship feature. Through its innovative Cross-Chain Bridge, Elluminex acts as a meeting point between all major blockchains. This will allow users to effortlessly swap assets while enjoying high transaction speeds and the lowest possible fees. This also enhances liquidity as it’s sourced from across the various blockchains, resulting in minimal slippage, even in high-volume situations. Investors will be welcomed by a lean and intuitive interface, which will make trading a secure stress-free experience. To further improve ease of access and privacy, Elluminex does away with KYC verification and allows users to access the platform just by connecting their self-custodial wallets. Through this feature alone, Elluminex could change the game and set new standards in terms of usability, security, and scalability. But it doesn’t end here. How Elluminex Leaves The Competition In The Dust Elluminex users will have an additional edge in whale trading and investing, thanks to the exclusive Elluminex portfolio tracker. They will be able to keep track of all their assets and manage them in the most efficient way possible. Through this feature, users will also have access to real-time analytics. This will allow them to keep up with the latest market updates and make informed decisions based on raw, no-nonsense data. Moreover, Elluminex's intriguing premarket feature will grant early access to TON-based projects before they hit exchanges. Investors will have the opportunity to capitalize on the latest-released gems without having to wait for whales to load up first or become exit liquidity for insiders it is often the case. DeFi Education Furthermore, Elluminex understands that the primary reason hindering DeFi adoption is that the space is inherently complex. Many newcomers often feel intimidated as they try and make sense of its inner workings. With its convoluted terminology and often opaque mechanics, DeFi’s potential is limited by these unintended barriers of entry. The truth is simple, without education DeFi can’t grow. This is why Elluminex has made it a mission to demystify DeFi by fostering an inclusive and educational environment. This initiative will help users understand core concepts and assist them in making informed decisions throughout their crypto journey. The $ELX Token The Elluminex ecosystem is powered by the native $ELX token. Users will reap substantial rewards from engaging with the platform and its advanced staking and farming model. 50% of the $ELX supply will be available during the presale which is set to launch soon. The rest of the tokens will be allocated toward marketing efforts, rewards, liquidity, and exchange listings. In addition to this, the tokenomics of $ELX also comprise a burn mechanism, which will automatically remove tokens from circulation, ensuring robust price stability and long-term growth. Once the presale is live, users will have the opportunity to invest in a project that could reinvent DeFi. Now is the time to start paying attention! For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 17, 2024 04:25 PM Eastern Standard Time

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Could Hybrid Crypto Cutoshi (CUTO) Put Ethereum Based Tokens Back On The Map?

Cutoshi

While Ethereum is making a mini-comeback during cryptocurrencies most bullish period of the year, Ethereum has largely succumbed to waning hype in 2024. As we enter into a meme super-cycle, Ethereum memes could single-handedly see Ethereum reach new all-time-highs. Pepe’s Coinbase listing perfectly showcases this, though for investors seeking considerable ROI, Cutoshi could be one of the most lucrative prospects during its presale. Cutoshi: The First Meme Token To Simplify DeFi For The Masses Aiming to be more than just a mere speculative meme token, at the forefront of Cutoshi’s ethos is to simplify DeFi for a wider audience. By extension, Cutoshi is able to appeal to a variety of demographics and experience levels, from whales and experienced traders, to brand new money entering the market as the bull run commences. This objective manifests through the ecosystem’s premier “Cutoshi Academy”, an all-exclusive educational platform that’s set to propagate a better future for cryptocurrency as aligned with Satoshi Nakamoti’s libertarian vision. By narrowing the knowledge gap and rendering complex blockchain concepts simple and digestible, the Academy empowers individuals to make informed decisions about their digital assets, and invest sensibly to maximize profits for the bull run. This educational initiative aligns with Cutoshi's mission to bring DeFi to the masses, fostering a more inclusive and decentralized financial future. At the heart of the Cutoshi ecosystem is its easy-to-navigate decentralized exchange (DEX). The multi-chain functionality of Cutoshi’s DEX ensures that users can seamlessly swap assets across various blockchain networks on a whim, saving both time and money. Cutoshi’s DEX is superior to CEX platforms, which rely on centralized entities and can be a hassle to use. This feature makes it easier for beginners and seasoned traders alike to participate in DeFi without the complexity often associated with inconvenient multi-chain platforms. All users need to do is connect their wallet, select the crypto they want to swap, and confirm the transaction. It’s that easy. Lucrative Incentives Bolster Cutoshi’s Bullish Outlook Cutoshi’s token farming mechanism is a core feature designed to reward community engagement. Users can complete quests, collect points, and claim rewards, turning participation into an engaging experience. This gamified approach incentivizes regular interaction with the platform and allows users to earn valuable CUTO tokens and exclusive perks. Unlike many DeFi projects, Cutoshi emphasizes shared success by redistributing a portion of its revenues back to the community. This includes buy-and-burn mechanisms to reduce the supply of CUTO tokens, driving scarcity and value for holders. Farming and staking rewards are structured to provide consistent returns, creating a sustainable income stream for all participants. This model ensures that the ecosystem’s growth translates into tangible benefits for its supporters, incentivizing Cutoshi’s community to partake in raids and contribute towards the marketing efforts of Cutoshi. Cutoshi’s NFTs add another layer of incentives for the community, offering unique and valuable digital assets to early adopters, active participants, and winners of challenges. These NFTs serve as collectibles and provide additional utility within the ecosystem, such as exclusive access to certain features or enhanced farming rewards. Poised For Immense Growth: Why Cutoshi Is Bound To Become A Top Meme Coin For This Bull Run Currently priced at $0.0259 during the third presale stage, Cutoshi exhibits potential to become one of Ethereum’s top meme tokens, potentially rivaling the likes of Pepe in terms of sheer lucrative potential. Given the massive hype for Cutoshi preceding the next major pump of the bull run, interested buyers are urged to act quickly before Cutoshi’s price increases for the next stage of the presale. Don’t miss out on this new meme gem! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 17, 2024 02:18 PM Eastern Standard Time

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Bitcoin Sets Another Record, As This MemeFi Sensation Continues Innovating, Are Meme Coins Next To Pump?

Cutoshi

Bitcoin (BTC) has made headlines by surging above $90k after pro-crypto candidate Donald Trump won the US presidency. Following Bitcoin’s stellar performance, meme coins have started rallying in massive numbers, which means that meme season 2.0 is effectively starting now. A newcomer in the meme space, Cutoshi, is making waves with its unique utility and intriguing reward system, prompting many BTC holders to rotate profits into the viral presale of the native $CUTO token. Let’s discover why Cutoshi could revolutionize meme coins and bring massive price multipliers to early buyers. Bitcoin Teasing Another Run Above $90K Bitcoin (BTC) has once again surprised everyone over the past week by adding $20k to its previous $72k all-time high in a matter of days. This explosion in the Bitcoin price was mainly due to the “Trump Pump” as the crypto community calls the Trump effect on the crypto market. At press time, Bitcoin sells for $89,784 with a noteworthy 32% monthly increase and an 18% weekly increase. These numbers are impressive given the sheer size of Bitcoin’s market cap of $1.7 trillion, which requires immense amounts of liquidity for the price of BTC to rise higher. Despite Bitcoin traders taking home over $8 billion in profit in the past two days, Bitcoin’s price action remains relatively stable. This is mainly due to the bullish sentiment pervading the crypto community, supported by a massive $129 billion in futures trading volume recorded on centralized exchanges. Cutoshi Continues To Shine As Presale Nears $1 Million Milestone Cutoshi continues to rise as attention is shifting from majors to newer, undervalued projects that can yield massive price multipliers and mint new millionaires along the way. With another meme season ramping up, Cutoshi is set to see exponential gains thanks to its innovative framework that merges meme culture and DeFi utility. Cutoshi draws inspiration from two sources — its vibe and aesthetic are based on the Lucky Cats of Japanese folklore that are said to bring good fortune to businesses and households. Additionally, by embodying the values of privacy and decentralization, Cutoshi also echoes the teachings of Bitcoin creator Satoshi Nakamoto. At the heart of the Cutoshi ecosystem, users will find CUTO DEX, a cutting-edge decentralized exchange that brings together isolated blockchains, allowing for seamless P2P transactions that jump the middleman. This means near-instant swaps across a wide range of assets with low fees. One of Cutoshi ’s most intriguing features is the Cuto Farm system, powered by the $CUTO token. Users can immediately participate by completing fun missions and quests that are aimed at establishing Cutoshi’s presence in the crypto space. For their loyalty and efforts, they will receive Cuto points that can later be redeemed for more $CUTO once the token launches. Moreover, by staking their tokens and supporting the ecosystem, users will also have the opportunity to earn recurring rewards on autopilot. Another star feature that sets Cutoshi apart from the competition is the unique Cutoshi Academy. This is a learning hub that will lend a helping hand to beginners and teach them the fundamentals of DeFi, trading, and portfolio management. This initiative has already been praised as it greatly lowers entry barriers and demystifies aspects of the often confusing crypto world. Right now, stage 3 of the presale is live and $CUTO tokens are priced at $0.0259. At $850,000 in raised funds, demand is skyrocketing, with investors flocking to get an allocation at a discounted price. When taking into account all that this gem has to offer, it’s realistic to expect a monumental 2025 rally that could Cutoshi outperform many established majors such as Shiba Inu and Dogwifhat. Don’t miss out! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 16, 2024 09:00 AM Eastern Standard Time

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The Challenges of DeFi: The Key to Unlocking DeFi's Full Potential

Elluminex

The arrival of DeFi has redefined crypto and financial services, providing much-needed transparency and autonomy. With it, a new wave of income opportunities presented itself, and investors who saw the writing on the wall made a fortune in the early days of DeFi. Over the last few years, most Layer 1s, starting with Ethereum, have launched unique solutions in their quest to bring DeFi to the masses. However, it’s safe to say that the space is in its infancy as many issues still need to be properly addressed, such as fragmented liquidity, high fees, and limited usability. Elluminex seeks to tackle all these challenges with its all-in-one DeFi hub, which leverages the enormous, yet relatively untapped potential of the TON blockchain. Let’s dive deeper and discover why Elluminex could revolutionize space forever. The problem: DeFi Is Still Inefficient The mass adoption of DeFi is hindered by a series of barriers that make the landscape difficult to navigate, turning away millions of newcomers. High fees, complex interfaces, unstable liquidity. These factors create an accumulation of inefficiencies that make the DeFi experience clunky and convoluted. In addition to this, users who want to make the most of this emerging market, are forced to interact with multiple platforms and track assets scattered across different ecosystems. This is more than just an annoyance, it could expose investors to security risks and lead to significant losses. This is where Elluminex could come in. The Solution: Elluminex Elluminex integrates a wide array of DeFi services into one intuitive and user-friendly platform. The base of operations is Elluminex’s DEX, an innovative decentralized exchange offering high liquidity, low slippage, and advanced order types. All this is supported by state-of-the-art security measures and ease of access, as investors can trade directly from their wallets. Although Elluminex is based on the TON blockchain, the platform is built with interoperability in mind. Via the Elluminex Cross-Chain bridge, users can seamlessly swap between a multitude of blockchains, at lightning speed and the lowest possible transaction fees. This not only enhances liquidity even further, but it also relieves users from having to constantly switch between protocols to find the best deals. Early Access, Trackers, Farming What would DeFi be without features that incentivize investors to engage with the ecosystem? Elluminex offers advanced staking and farming options that will bring incredible rewards for investors who stake the $ELX token and provide liquidity. A novel AI-powered portfolio tracker will allow users to effortlessly manage their assets across blockchains while they perfect their craft thanks to real-time data and constant market updates. They will be empowered to make the right decisions at the right time, without letting any opportunity go to waste. Elluminex is also done with gatekeeping. “Being early” on a gem is what all investors strive for. They will sink countless hours of research and risk significant capital, only to see their efforts stunted by gatekeepers and red herrings. This is why Elluminex will grant its users early access to TON-based project tokens before they hit exchanges, through an over-the-counter platform. Let’s Talk Tokenomics And $ELX The $ELX token is the backbone of the Elluminex ecosystem. It drives utility, governance, and engagement while being set for massive price multipliers along the way. The supply is capped at 350 million and 50% of it will be up for grabs during the presale event. The rest will be allocated toward liquidity, exchange listings, marketing efforts, rewards, and buybacks. $ELX is also deflationary by design. A robust burn mechanism will systematically reduce the circulating supply of tokens. This will promote sustainable price growth over time, while also making it resilient to market-wide volatility spikes. Ready For The Presale? The DeFi space is in dire need of an overhaul and Elluminex could bring about a revolution. This innovative platform is already making headlines as the launch of the $ELX presale draws near. Early investors could see legendary returns if they stick around. So, stick around! For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 16, 2024 05:00 AM Eastern Standard Time

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Decentralization and Its Impact on User Trust in DeFi

Elluminex

The FTX debacle in 2023 exacerbated an already deteriorating bear run in 2023, scaring off a large contingent of the market while showcasing the risks associated with asset decentralization. Though cryptocurrencies are inherently decentralized by nature, this is a double-edged sword, reflecting the challenge of ensuring security without centralized oversight. Novel blockchains such as Toncoin aim to mitigate these risk factors and juggle security with decentralization in an effort to solve the crypto “trilemma.” While some present more viable solutions than others, the Elluminex team believes that Toncoin’s fundamentals and untapped potential make it the ideal foundation for an all-encompassing DeFi platform designed to foster user trust. Toncoin: The Most Secure Layer-1 On The Market A major focus of Toncoin is balancing the principles of decentralization with robust security measures to enhance user trust within the DeFi ecosystem. Toncoin’s architecture is designed to mitigate these challenges through innovative approaches that also align with the core tenets of decentralized finance. Unlike alternative blockchains, Toncoin remains relatively untapped despite its rapidly growing infrastructure and capabilities. While Ethereum has established platforms like Uniswap and Binance Coin powers PancakeSwap, the TON blockchain is still in the infancy stage of DeFi development. Elluminex is set to capitalize on this opportunity by building a comprehensive DeFi hub on TON, offering numerous features such as a DEX, staking, and cross-chain capabilities. About to become one of the first movers on this emerging network, Elluminex aims to leverage TON’s speed and scalability to attract new users in droves. Most importantly, Elluminex will utilize Toncoin in a way that maintains decentralization while fostering user trust in the space. How Elluminex Utilizes Toncoin’s Capabilities To Foster User Trust Decentralization is at the forefront of Elluminex’s vision as it will leverage the TON blockchain to provide a secure all-in-one DeFi platform. Traditional finance relies on intermediaries like banks to manage transactions, which creates trust but isn’t necessarily foolproof and could be problematic. By removing intermediaries, Elluminex will give users direct control over their assets, ensuring transparency while building trust. A key feature of Elluminex is its emphasis on self-custody, and users will maintain control over their private keys and assets on its native DEX. Unlike centralized exchanges where funds are managed by an outside party, Elluminex’s decentralized approach empowers users to manage their own crypto holdings. This autonomy aligns with the principle of “not your keys, not your crypto,” appealing to those who value independence from those who may not have the best intentions or lack trustability. In addition, Elluminex will integrate various privacy-focused technologies supported by TON. By avoiding traditional identity verification processes like KYC’s that store sensitive data on centralized databases, Elluminex will guarantee 100% security pertaining to user information. This emphasis on privacy will provide peace of mind, enhancing trust among users while fostering a loyal user base. But that isn’t all. Elluminex will utilize the TON blockchain in various other ways to propagate security, such as letting users verify publicly recorded transactions for full transparency. With automated smart contracts, Elluminex will ensure that all future transactions will be tamper-proof and don’t require third-party oversight, building user trust and reliability. It’s also important to note that Elluminex will focus on educating users about security and decentralization to improve DeFi literacy. By providing essential knowledge on managing assets safely and understanding the risks and benefits of a decentralized system, Elluminex will empower users to make informed decisions and traverse the DeFi space with confidence. For more information about Elluminex visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex aims to be the first comprehensive DeFi hub on the TON blockchain, designed to revolutionize the DeFi landscape. Our mission is to provide a seamless and user-friendly platform that empowers users to trade, stake, farm, bridge, and track their portfolios with ease. By leveraging the power of the TON blockchain, Elluminex seeks to offer unparalleled speed, security, and scalability, bringing DeFi to a network with over 950 million active users and over 1 billion recorded transactions. Cryptocurrency markets are highly volatile, and regulation varies by jurisdiction. If you choose to engage with digital assets, be aware of the potential risks and refer to our Disclaimer for further details. By proceeding, you confirm that you are not a citizen or resident of the United States, United Kingdom, or any country where the purchase of Elluminex or $ELX tokens is restricted by law. Contact Details Andy Green support@elluminex.com Company Website https://elluminex.com/

November 15, 2024 09:40 AM Eastern Standard Time

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Fidelity's Bitcoin ETF Records Daily Inflow Of Over $8 Million

Cutoshi

Spot Bitcoin ETFs attracted a record-breaking inflow of close to $1.4B on Thursday, according to Senior ETF analyst Eric Balchunas. BlackRock’s iShares Bitcoin Trust collected more than $1.1B of this total. Other funds, including the Fidelity Wise Origin Bitcoin Fund, also attracted a noticeable daily inflow exceeding $8M. The surge coincided with BTC hitting the $76,943 mark. Tron also recorded an unprecedented surge in its transfer volume, which increased by 1928% over the year, as per data from Symbiosis. Moreover, as the two crypto giants continue to record impressive milestones, a new DeFi hybrid known as Cutoshi has also stood out, raising over 730K in its presale, which is only in 3rd stage. Cutoshi Farming Continues To Attract Major Investors Due to its unique innovations, Cutoshi is quickly becoming a viral crypto project. The project is designed to bring utility and luck to its investors through its unique hybrid DeFi ecosystem. Moreover, Cutoshi farming, now live, aims to provide its community members with a new way of earning money by completing quests and being rewarded with CUTO tokens. Cutoshi also stands out due to its decentralized exchange, offering users a low-fee, high-speed asset training experience across blockchains. The project also focuses on educating investors through the Cutoshi Academy, which helps learners understand the basics of DeFi and cryptocurrency technology. Through this feature, new investors could educate themselves about DeFi and discover new approaches to building a profitable portfolio. With a stage three presale price of $0.0259, Cutoshi is already offering over 70% ROI to early buyers. Given the CUTO token's capped supply of just 440M, this price is also set to surge in the next presale, which could help drive immense demand for the token, leading to token scarcity and driving the Cutoshi price even higher. Bitcoin Price Hits $77K Two Days After U.S. Election The price of Bitcoin crossed the $77K mark on November 8, setting a new ATH for the second consecutive day. This latest price mark was set just two days after Donald Trump won the US presidential election, topped with the election of several pro-crypto policymakers to Congress. With a market cap of over $1.5T, BTC is now the world’s ninth most valuable asset, surpassing Mark Zuckerberg’s Meta. Bitcoin’s YTD growth has also surged by over 115% as the BTC price trades around the $76,600 mark. Over the past month, the price of Bitcoin has surged by over 26%, with seasonal trends and halving-year data suggesting bullish prospects. Moreover, Bitcoin has always hit new highs during the previous two election cycles without returning to pre-election levels. Supported by technical indicators and the recent daily inflows of Bitcoin ETFs, the price of BTC could hit the $100K target before the year ends, followed by $200K by 2025. Adding to this momentum, the US Federal Reserve has lowered interest rates by 0.25%, a rare cut that could contribute to Bitcoin’s bullish sentiment. Tron Dao Unveils Tron-Peg USD Coin For Cross-Chain Transactions On Blockchain Tron Dao has unveiled the Tron-Peg USD Coin within the TRX blockchain, a new cross-chain designed to streamline global transactions while expanding Tron’s stablecoin ecosystem. This launch will allow users to leverage USD Coin across the TRX network, enhancing cross-chain functionality for a seamless and secure transaction. Tron-Peg USD Coin will simplify USDC transfers within Ethereum and Tron, establishing itself as a stablecoin bridge. Moreover, qualified users can acquire the Tron-Peg USD Coin through a straightforward cross-chain process. This strategic launch comes when Tron’s price performance has recorded a weekly dip of over 3% to trade around the $0.16 mark. If Tron’s price manages to overcome the $0.16 position, it would be on a path for further gains towards $0.17. Its RSI is also at 47, which suggests that the asset is still in a neutral position. Its 50—and 100-day SMAs, which are at $0.1593 and $0.1526, provide significant support should the TRX price dip. Can Cutoshi Mirror BTC Price Performance In Q4? As Bitcoin continues to experience significant price performance, Cutoshi is also looking to push Ethereum-based meme coins back into the limelight. Due to the project's DeFi ecosystem and built-in utilities, its growing presale is set to record significant price performance in Q4. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 14, 2024 10:42 AM Eastern Standard Time

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Cutoshi Hits #1 Worldwide And In The USA – The Hype Behind $CUTO’s Explosive Growth

Cutoshi

Cutoshi, a memeFi project in presale, took X by storm yesterday as it went viral and took the number 1 trending spot worldwide and in the USA, for over 8 hours. This hype also spread worldwide, as $CUTO became the trending keyword for all countries. The term DeFi was also trending worldwide yesterday, showing that Cutoshi is proving itself to be one of the hottest decentralized crypto projects around. Meme Appeal Cutoshi is cute and catchy, bringing Lucky Cat energy to the blockchain and people’s digital assets. As crypto booms thanks to new all-time highs for Bitcoin, memecoins continue to dominate the market as the most profitable and engaged-with sector in crypto. And as of today, the meme coin market cap is at $105 billion according to CoinMarketCap, with a 24 hour trading volume of $60 billion. That shows us that a lot of people are trading memes right now. DOGE has been on a tear and has also been trending on X since the US elections, proving the enduring nature of important memecoins. MemeFi Hybrid Approach While DOGE has a first mover advantage as a memecoin, Cutoshi is new and in presale. There is another important difference between the two coins - utility. Dogecoin doesn’t have utility, or at least very little (it's accepted as payment in certain places, according to their website). Cutoshi, on the other hand, does. Cutoshi is currently building a cross-chain DEX to simplify swapping and trading on the blockchain, and a whole ecosystem revolving around the benefits of DeFi. The aim is to introduce people to DeFi and then help them to make the most out of it, and that’s why they are offering a learning academy to help people find out more in a fun way. $CUTO will be used throughout the ecosystem, ensuring that the token has true utility, which is essential for ensuring the price moves in the right direction. Fun And Community Is Key All good crypto projects have a loyal community. Decentralized exchanges like Uniswap and 1inch clearly have a loyal community. Cutoshi is currently engaging their growing community through quests and challenges such as meme-making. And because people love the fun of competition, they have built a leaderboard so that people can spur each other on. These quests accrue points, which will be swapped for $CUTO tokens, airdropped once the coin goes live. This ensures that all early community members are rewarded for their participation and can have more skin in the game. Over 1500 people have taken part in the quests within days of launch. Cutoshi Investors Are Early As anyone who’s taken a look at meme coins like Dogecoin and Shiba Inu knows, the ones who got in early profited the most, with DOGE up by an impressive 435,594% since its launch and SHIB up by an amazing 42,665,342%. Just $10 invested at this time in SHIB would have made a current holder over $4 million dollars! Although returns like this are exceptional, new coins are the way to get huge gains. Cutoshi is currently in presale phase; given the hype around it, it could be the next life-changing coin for wealth generation. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 13, 2024 10:09 AM Eastern Standard Time

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Blackrock Bitcoin ETF Sees Outflow After U.S. Election Results, Tron Integration Causes A Stir As Cutoshi Hits $800K Mark

Cutoshi

Blackrock Bitcoin ETF Sees Outflow After U.S. Election Results, Tron Integration Causes A Stir As Cutoshi Hits $800K Mark The US presidential election race is over, and the atmosphere in the crypto market is one of glee as the market warms up to the news of Donald Trump’s presidency. Bitcoin (BTC), as expected, was one of the first to hit new heights, and the rest of the market followed accordingly. But prior to all that spike in the BTC price, Bitcoin ETFs were on a streak of outflows. Even Tron (TRX) is yet to join the profit train, but Cutoshi (CUTO) is trending among traders. Despite Bitcoin Price Surge, Bitcoin ETFs Dip The US elections were supposed to be a boost to the Bitcoin ETFs, but unlike the Bitcoin price, they were on a dip in the run-up to the election. The iShares Bitcoin Trust led the losses at the start of the week, with $44.2 million in outflows even before election day. BlackRock and ten of the other ETFs posted $116.8 million outflows on election day, led by the Fidelity Wise Origin Bitcoin Fund. It was a rare occurrence for most of the ETFs, especially BlackRock stating only its sixth day of loss since its launch in January. Their fortunes changed with the election results, when the BTC price broke past its $75,000 resistance. The Bitcoin ETFs recorded over a billion dollars in inflows on election day, with BlackRock seeing injections up to $1.1 billion on that day. The next few days will be crucial as the market anticipates further surges in the BTC price. Tron Integrations See Chainlink Oracle Links And ETH-TRX Bridges Tron (TRX) founder Justin Sun announced the introduction of Chainlink's oracle feeds to the Tron blockchain to increase security to its DApps, typically JustLend and JustStable. Both DeFi apps are worth about $6.5 billion on the network. Sun made the statement at the Chainlink SmartsCon event in Hong Kong, of which Tron (TRX) was a silver sponsor. The founder stated that the TRON crypto network was going to join in the Chainlink Scale Program, integrating the oracles to also provide developers with access to reliable oracle services, as well as opportunities for the stablecoins and RWAs locked on the blockchain. For the USDC on Tron (TRX), there are new bridges connecting the network with Ethereum through the TRON-Peg USD coin. The token facilitates smoother stablecoin transfer between both chains, contributing to the growing wave of interoperability that is taking over the DeFi space. The TRON price is currently trading at a weekly 3.59% loss, but the new development on the project could soon drive the TRON price into bullish trends. Cutoshi: Meme Coin Combined With DeFi Utilities Cutoshi’s origin is firmly rooted in meme and DeFi, sporting the lucky charm the Lucky Cat and blockchain principles from Bitcoin (BTC) creator Satoshi Nakamoto's teachings. The Decentralized Exchange platform is an avenue for users, especially the meme enthusiasts on the ecosystem, to access token swap and exchange services without leaving the interface. The traffic and insecurity of current exchanges makes Cutoshi's DEX a great alternatives option for traders. Another standout feature of the Cutoshi (CUTO) project will be its token farming. Users earn tokens by participating in challenges and completing tasks to accumulate points. These points can then be redeemed into CUTO tokens to boost investors' crypto portfolios. The token farming is already live, and more than 1500 users are already actively raking in rewards. The $CUTO token presale has raised over $800,000 so far. This traction doesn’t look like it’s going to slow down anytime soon. CUTO Attracts Massive Investors Inflow Bitcoin (BTC) and TRON (TRX) have experienced contrasting fates recently. The Bitcoin price is touching new highs, and TRX is still deep in bullish waters with TRON’s recent integration. The Cutoshi project is attracting investor interest with its presale and CUTO farming features that let users earn while having fun. The new meme coin could potentially deliver bigger gains than other top meme coins. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 13, 2024 06:45 AM Eastern Standard Time

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