Pi Network’s announcement following the “PiFest” event drew the attention of investors in the cryptocurrency market to Pi Coin alternative projects.
This week, following the Pi Network community’s successful PiFest event, which was attended by pioneers from more than 155 countries, an important announcement was posted on Twitter. It was stated that more than 21 thousand people participated in the local business survey. On the other hand, the US Patent and Trademark Registry Office (USPTO) accepted Pi Network’s application to register “Pi” as a trademark.
Obtaining an official trademark registration from the USPTO represents a major milestone for any organization. It indicates that the federal government considers “Pi” to be a legitimate trademark associated with Pi Network’s goods and services.
All these Pi Coin developments are promising, however, the mainnet launch has been postponed by a year and the start date of the open network phase is unknown. For convenient use, the Pi mobile application requires significant user skill. Investors who rebel against the delays also find this worrying.
For this reason, people started to turn to crypto projects that are alternatives to Pi Coin. Two projects are among the most prominent…
Bitcoin ETF Token Excitement: Industry Heavyweights Await SEC’s Bitcoin ETF Approval
Fund managers from investment giant BlackRock met again with the US Securities and Exchange Commission (SEC) to discuss the Bitcoin ETF, its third in three weeks. After speaking with Grayscale, Fidelity and Franklin Templeton discussed Bitcoin ETF ideas.
Many analysts believe that the SEC may approve more than twelve new Bitcoin ETFs between January 8-10. This timeline matches the SEC’s deadline for ruling on Ark Invest’s request.
The occurrence of this event is most Those who purchased Bitcoin ETF tokens It seems like it will come in handy.
Bitcoin ETF Token (BTCETF) is a new cryptocurrency that allows investors to speculate on spot Bitcoin Investment Funds (ETFs).
The pre-sale of the Bitcoin ETF token, which attracted a lot of attention, managed to raise more than $ 3.8 million. The project is preparing to be launched on major crypto exchanges.
The BTCETF project includes five targets, each of which permanently burns 5 percent of the token supply. These are explained as follows:
- Bitcoin ETF token reaches $100 million in transaction volume,
- Approval of the first spot Bitcoin ETF by the SEC,
- First spot Bitcoin ETF launched for public trading,
- The total amount invested in spot Bitcoin ETFs reaches $1 billion,
- The price of Bitcoin reaches 100 thousand dollars.
- The project plans to burn up to 25 percent of the total token supply.
These targets investors Buying Bitcoin ETF tokens directing. By suddenly and drastically reducing the token supply, it is intended to create a market shock that increases the token value.
Excitement generated by the approval of a potential Bitcoin exchange-traded fund (ETF) early next year is spurring the Bitcoin ETF (BTCETF) project, which aims to benefit from the launch of the regulated investment vehicle. So the chances of buying the Bitcoin ETF token before its launch are rapidly diminishing.
Bitcoin Minetrix: Bitcoin Mining Goes Public with This Project
Bitcoin Minetrix (BTCMTX) is the most promising cryptocurrency on the market and its pre-sale activity indicates interest in its unique features. Users can deposit BTCMTX into Ethereum to mine BTC. Many investors are closely interested in this project.
Bitcoin Minetrix, a cloud mining platform, aims to simplify Bitcoin mining and minimize barriers to entry. The completely decentralized platform prioritizes openness, security and reliability.
With this project, investors can earn Bitcoin mining credits, increase accessibility, and address cloud mining concerns, including fraud.
This unique feature Bitcoin Minetrix token purchase accelerated and attracted many investors to pre-sale. Traditional Bitcoin mining was too expensive for most people. This platform and its tokei allow anyone who wants to mine the world’s leading crypto to do so.
To participate in the ecosystem, an Ethereum-compatible wallet such as MetaMask is needed to purchase and stake BTCMTX tokens. The project provides a secure, user-friendly user interface, low installation costs and easy onboarding. It is possible to receive Bitcoin rewards by purchasing tokens and clicking on the buy and stake option.
Additionally, there are ambitious and profitable ventures ahead. The tentative strategy brings stock exchange listings initially followed by multimedia promotion. It is said that from now on, the team will grow and desktop and mobile versions will be created. Plans call for partnerships with cloud mining leaders to accelerate growth
This innovative yet simple approach helps democratize Bitcoin mining to the masses. Anyone can participate and earn passive crypto income. The staking pool also offers a 115 percent annual return.
Therefore, thanks to this mechanism, crypto enthusiasts can create two ways to generate income over time.
This dual revenue potential and the project’s strong credentials make Bitcoin Minetrix, which raised more than $5.2 million in its pre-sale, an attractive prospect ahead of the 2024 Bitcoin halving.
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.