Misleading news that the iShares spot Bitcoin ETF application has been approved and the fake bull in the leading cryptocurrency turned investors towards Bitcoin alternative coins.
Cryptocurrency markets started the week dynamically. Misleading news that the iShares spot Bitcoin ETF application has been approved led to an instant jump in the leading cryptocurrency.
In a post from CoinTelegraph, it was stated that the US Securities and Exchange Commission approved BlackRock’s spot Bitcoin application. Bitcoin, which rose suddenly after the news, increased by around 10 percent to $ 29,900, its highest level since August.
There was a decline in Bitcoin after it was understood that the news from BlackRock that the spot Bitcoin ETF application was approved did not reflect the truth.
After the truth was revealed, CoinTelegraph quickly shared a statement on the subject. “We apologize for the tweet that spread misleading information about the Blackrock Bitcoin ETF,” the statement said. An internal investigation has now been opened. “It will be carried out in a transparent manner and we will share the results with the public within 3 hours.” statements were included.
While the reason for the error is eagerly awaited, according to CoinGecko data, Bitcoin is traded at $ 28,100 as of the time this article was written.
Although speculations about the fate of Bitcoin ETF applications stir up the crypto world, investors who are tired of waiting or interested in Bitcoin mining are turning to new projects.
Among the Bitcoin alternative coins that are on the radar of cryptocurrency investors, community-oriented Wall Street Memes and Bitcoin Minetrix, which offers a BTC mining solution, stand out.
Is It Possible to Mine BTC Without Cost?
While spot Bitcoin ETF applications continue to occupy the agenda, the issue of BTC mining is also on the agenda again.
While it was once possible to mine BTC with just a laptop, today there are expenses such as expensive hardware, software and cooling systems.
The project called Bitcoin Minetrix strives to eliminate this situation. Bitcoin Minetrix, which will be implemented with mobile and desktop versions, wants to make it possible to do cost-free BTC mining.
With pre-sale event Buying Bitcoin Minetrix tokens The platform, which has no additional costs, aims to appeal to users from all walks of life.
What Does Bitcoin Minetrix Promise?
Combining staking and cloud mining, Bitcoin Minetrix offers the opportunity to mine BTC in a few simple steps. The mining mechanism of the Bitcoin Minetrix platform works as follows:
- Investors who want to mine BTC can click on the pre-sale page. Bitcoin Minetrix token purchase doing.
- BTCMTX tokens are staked in exchange for cloud mining credits, which are non-transferable ERC-20 tokens.
- Cloud mining credits are burned throughout the mining period.
- The BTCs generated in return for the burned loans are transferred to the investor’s wallet.
Investors have the opportunity to mine BTC effortlessly and cost-free through Bitcoin Minetrix token staking and cloud mining.
Bitcoin Minetrix token, which provides access to this ecosystem, is offered to investors with a 20-stage pre-sale event. The price of Bitcoin Minetrix token, which currently has buyers at $0.0111, is planned to be $0.0129 at the final stage.
It does not go unnoticed that the funds collected so far in the pre-sale event have exceeded 1.5 million dollars. Investors who are interested in BTC mining but do not have technical knowledge or savings to invest in expensive hardware are interested in the Bitcoin Minetrix pre-sale.
Community-Focused Wall Street Memes Stand Out With Their Performance
Starting at the end of May and at discounted prices Buy Wall Street Memes tokens The Wall Street Memes project, which meets investors who want it, also attracts attention with its performance in stock exchange listings.
WSM token, the native token of the project, which managed to raise more than 25 million dollars in a short time, finds buyers on many exchanges, including LBank, ByBit, HTX, MEXC, BitMart and Gate.io, after the OKX exchange where it was first listed.
Wall Street Memes token, listed at $ 0.020 on the OKX exchange, is traded at $ 0.03189 at its current price, according to CoinGecko data. There are two reasons for the success of the token, whose market volume reached 56 million dollars: Elon Musk and the community exceeding 1 million.
Elon Musk Wind Adds Momentum to Wall Street Memes
Amid speculations about which Dogecoin will be next, the fact that famous billionaire Elon Musk responded to the X (Twitter) posts of the Wall Street Memes project excites the crypto community.
Wall Street Memes token, which progressed rapidly in pre-sale due to Musk’s influence, is making progress in maintaining its upward performance after stock market listings.
The follower base behind the project is also effective in its success. The community-focused Wall Street Memes token has more than 1 million people on its social media accounts. It is thought that the possibility of WSM token rallying is possible because it is supported by a large community.
WSM token, which is the tokenized version of the GameStop event, is waiting for investors who believe in the power of social media after the listings on the leading stock exchanges.
Disclaimer:
Koin Bulletin is not responsible for any damage or loss related to any products or services mentioned above. Koin Bulletin encourages readers to conduct their own research regarding the company mentioned in this sponsored article and the products or services it offers.