After a user was robbed of an incredible $330 million worth of Bitcoin in a recent hack, cryptocurrency detective ZachXBT has provided new information about the latest situation. ZachXBT reported a few days ago that the victim of the incident was an elderly person living in the United States. In newly revealed details, it was revealed that over $7 million of the stolen amount was frozen by the work of Binance and ZachXBT. In addition, ZachXBT reported in its statement that some clues about the suspects of the hacking incident have emerged. Related News: Here are the Bitcoin Peak Price Predictions for 2025 from 10 Top Experts, Including BlackRock CEO Larry Fink Cryptocurrency detectives believe one of the main suspects in the April 27 incident is Somali national Nina/Mo, alias X, who runs a fraudulent call centre in the UK. Another suspect is believed to be W0rk, alias X, who aided in the call centre scam. Both users have since deleted all of their social media accounts. The Bitcoin theft is thought to have been carried out as a result of social engineering. The scammers, who likely reached out to the unsuspecting BTC owner victim by phone, appear to have tricked the elderly into accessing their cryptocurrency wallets. *This is not investment advice. Continue Reading: Two People Suspected of Being Behind $330 Million Bitcoin Theft Revealed
The post Movement Price Prediction 2025, 2026 – 2030: Should You Still Buy MOVE? appeared first on Coinpedia Fintech News Story Highlights The MOVE price today is $ 0.18794356 . MOVE price could shoot to a maximum of $0.41985 in 2025. The Movement token price is expected to reach a maximum of $3.18828 by 2030. The Movement Network is a modular, Move-based blockchain protocol which is designed to bridge the gap between the Move and the EVM ecosystems. As the first Move-EVM layer-2 for the Ethereum network, Movement allows developers to build high-performance, efficient, and interoperable blockchain applications that are also secure. While the fundamentals remain strong, the recent news around Movement Labs suspending its co-founder amid the $38 million token dump scandal has created ruckus among holders. Plus, Coinbase suspending trading for MOVE on May 15 has only added to the ails. This has led to the MOVE price hitting an all-time low. Are you considering stacking some MOVE, instead of its direct rival tokens such as Ethena (ENA), ONDO, and Virtuals Protocol? If yes, then read this Movement (MOVE) Price Prediction 2025, 2026-2030 for potential price targets! Table of contents Story Highlights Overview CoinPedia’s Movement (MOVE) Price Prediction FAQs Overview Cryptocurrency Movement Token MOVE Price $ 0.18794356 -4.26% Market cap $ 469,858,894.2421 Circulating Supply 2,500,000,000.00 Trading Volume $ 193,654,495.1738 All-time high $1.45 on 10th December 2024 All-time low $0.1841 on 02nd May 2025 Movement Price Prediction 2025 If the network welcomes strategic partnerships and sees crucial developments materializing, the price of one MOVE could shoot up to a maximum of $0.41985. On the flip side, if it witnesses a spike in selloffs, like in the recent past, the MOVE token could settle at a low of $0.13995. Considering the maximum and minimum levels, the average could be at around $0.2799. Year Potential Low Potential Average Potential High 2025 $0.13995 $0.2799 $0.41985 Are you wondering about the long-term price prospects of ENA? Read our latest Ethena (ENA) Price Prediction 2025, 2026-2030 NOW! Movement (MOVE) Price Targets 2026 – 2030 Year Potential Low ($) Potential Average ($) Potential High ($) 2026 $0.20993 $0.41985 $0.62978 2027 $0.31490 $0.62978 $0.94468 2028 $0.47235 $0.94468 $1.41701 2029 $0.70853 $1.41701 $2.12552 2030 $1.06280 $2.12552 $3.18828 MOVE Crypto Price Forecast 2026 The Movement crypto token’s prediction for 2026 could range between $0.20993 to $0.62978 . Considering the buying and selling trends, the average price could be around $0.41985 for that year. Movement Price Prediction 2027 In the year 2027, the value of one MOVE could reach a maximum trading value of $0.94468 with a potential low of $0.31490 . Factoring the market sentiments, the average price could settle at around $0.62978 . MOVE Token Price Projection 2028 By the closure of 2028, the face value of 1 coin could hit a maximum of $1.41701 with a potential low of $0.47235 . With this, the average price could be around the $0.94468 mark. Movement Price Analysis 2029 Coming to 2029, the MOVE coin price may range between a maximum of $2.12552 and a low of $0.70853 , and a potential average value of around $1.41701 . MOVE Crypto Price Prediction 2030 The Movement token’s price could claim a high of $3.18828 by the year 2030. However, this altcoin could post a low of $1.06280 and an average price of $2.12552, if the crypto market turns bearish. Considering stacking more ETH tokens before the altseason begins? Read CoinPedia’s ONDO Price Prediction 2025, 2026 – 2030! Market Analysis Firm Name 2025 2026 2030 Coincodex $0.358621 $0.290988 $0.617919 CoinDCX $1.7 $3 $14 MEXC $0.188 $0.1974 $0.6366 * The aforementioned targets are the average targets set by the respective firms. CoinPedia’s Movement (MOVE) Price Prediction In the case of a bullish momentum, the MOVE price could claim a high of $0.41985 in 2025. Contrarily, if the bears weigh heavier, this could result in this altcoin plummeting toward its annual low of $0.13995 . Year Potential Low Potential Average Potential High 2025 $0.13995 $0.2799 $0.41985 Also, read Virtuals Protocol Price Prediction 2025, 2026 – 2030! FAQs What is the Movement (MOVE) Price Prediction for 2025? According to the analysis done by our expert panel, Movement (MOVE) price could hit a maximum of $0.41985 Where can I buy Movement? The MOVE token is available for trade across prominent exchange platforms such as UpBit, MEXC, Gateio. Who is the owner of Movement Labs? Movement Labs was co-founded by Cooper Scanlon and Rushi Manche in 2022. Will MOVE Coin Go Up? Yes, while the altcoin is currently influenced by broader market trends, we can expect the MOVE coin price to go up soon. Does Movement Coin have a future? Yes, considering its strong fundamentals, the Movement Coin definitely has a good future.
Bitcoin continues to edge closer to the $100,000 psychological price mark, trading at $96,857 at the time of writing. Although the asset pulled back slightly from a 24-hour high above $97,000, it still recorded a 2.4% increase over the past week, maintaining its broader uptrend. Recent on-chain data points to a growing sense of bullish sentiment in the market. Notably, a sharp increase in the taker buy/sell ratio on Binance suggests that traders are becoming more aggressive in their buying behavior. Some analysts are interpreting this shift as a potential prelude to further upside movement, especially as exchange outflows signal a tightening supply. Related Reading: Traders Rush Into Bitcoin Options as Implied Volatility Drops, Is a Big Move Coming? Bitcoin Taker Buy/Sell Ratio Points to Aggressive Buying Behavior Amr Taha, a contributor to the QuickTake platform by CryptoQuant, highlighted that the taker buy/sell ratio on Binance recently spiked to 1.142—its highest point in recent history. This metric compares the volume of market buy orders (taker buys) to market sell orders (taker sells). A value above 1 indicates that market participants are executing more aggressive buy orders than sell orders, suggesting a growing eagerness to enter the market even at higher price levels. Taha’s analysis also referenced a visual spike on Binance’s order book, signaling a wave of taker buys that reflect immediate interest in BTC accumulation. The timing of this spike coincided with Bitcoin’s recent move above $96,000. At the same time, data from CryptoQuant’s Whales Screener revealed a $200 million BTC outflow from centralized exchanges. This withdrawal likely represents a shift from liquid trading platforms to cold storage, implying reduced selling pressure and heightened confidence among large holders. Futures Traders That Drove October Rally Return In a separate update, another CryptoQuant analyst known as Mignolet pointed to the re-emergence of entities in the futures market that were active during Bitcoin’s sharp rally in October 2023. These futures participants, often institutional or high-frequency traders, played a notable role in driving momentum during that rally. According to Mignolet, similar entities have started showing signs of activity again since late April. Related Reading: North Carolina Passes Bill To Integrate Bitcoin Into $127 Billion Pension Fund The return of these futures players could suggest that leveraged long positions are being reopened in anticipation of another breakout. Combined with the recent net exchange outflows and aggressive spot buying on Binance, this resurgence could provide additional fuel for Bitcoin’s climb toward six-figure territory. Overall, while volatility remains a notable feature of crypto markets, current indicators suggest strong bullish undertones may be building beneath the surface. Featured image created with DALL-E, Chart from TradingView
Hello, crypto enthusiasts and mining observers! Ever wondered what publicly traded Bitcoin miners do with all the BTC they mine? Do they hold onto every single coin, hoping for future price increases, or do they sell some to cover costs and fund operations? Let’s dive into the recent activity of Nasdaq-listed Cipher Mining to get some fascinating insights into the world of industrial-scale Bitcoin mining . What Did Cipher Mining Announce for April? On May 2, Cipher Mining shared an update on its operational performance for April through a press release via GlobeNewswire. The announcement highlighted two key figures regarding their BTC holdings and production: BTC Mined: In April, Cipher Mining successfully mined 174 BTC . This represents the company’s production from its mining operations during that month. BTC Sold: Significantly, the company also sold 350 BTC during April. This figure is higher than the amount mined in the same period. Ending BTC Holdings: As of the end of April, after accounting for mining and sales, Cipher Mining held a total of 855 BTC on its balance sheet. These numbers immediately raise questions. Why would a Bitcoin miner sell more BTC than it mined in a given month? This isn’t uncommon in the industry and points to the complex financial management involved in running large-scale crypto mining operations. Why Do Bitcoin Miners Sell Their BTC Holdings? At first glance, it might seem counterintuitive for a Bitcoin miner to sell the very asset they are working so hard to produce, especially if they are bullish on its long-term price potential. However, selling mined BTC is a fundamental part of the business model for most public mining companies. Here are the primary reasons: 1. Covering Operational Costs: Running a Bitcoin mining facility is expensive. There are significant costs associated with electricity (often the largest expense), facility maintenance, hardware upgrades and repairs, staffing, and other overheads. Selling a portion of mined BTC provides the necessary fiat currency (like USD) to cover these ongoing expenses. 2. Funding Capital Expenditures: Miners often need to invest in new, more efficient mining hardware (ASIC machines) or expand their infrastructure (power capacity, buildings). Selling BTC is a common way to raise capital for these investments without resorting to debt or equity financing, although those methods are also used. 3. Managing Financial Risk: The price of BTC can be highly volatile. By selling some mined coins, companies can secure revenue at current market prices, hedging against potential future price drops that could make holding less profitable. This is a form of treasury management. 4. Strategic Balance: Companies like Cipher Mining aim to find a balance between realizing immediate revenue from sales and accumulating BTC on their balance sheet for potential future appreciation. The decision on how much to sell versus hold depends on market conditions, operational needs, and the company’s long-term strategy. Understanding Cipher Mining’s Strategic Approach Looking at Cipher Mining’s April figures – mining 174 BTC and selling 350 BTC – suggests a strategic decision likely driven by one or more of the factors mentioned above. Selling more than they mined in April indicates they used some previously held BTC in addition to their April production to meet their financial requirements or strategic goals. This could mean they had significant operational costs or capital expenditures planned for April. It could also reflect a view on market conditions, deciding that selling at April’s prices was advantageous for their treasury compared to holding. Their ending balance of 855 BTC shows they still maintain a substantial reserve of the digital asset. The strategy of a Bitcoin miner isn’t just about mining; it’s also about how they manage the mined asset. Companies like Cipher Mining must constantly evaluate energy costs, network difficulty, hardware efficiency, and the market price of BTC to optimize their profitability and growth. How Does This Relate to the Broader Crypto Mining Landscape? The actions of individual miners like Cipher Mining are part of the larger dynamics within the crypto mining industry. The industry faces constant evolution, from technological advancements in ASIC chips to significant events like the Bitcoin halving, which reduces the block reward miners receive. Post-halving periods, in particular, often put pressure on miners. With reduced rewards per block, efficiency becomes paramount, and less efficient operations may struggle. Miners need robust strategies for managing costs and revenues, and selling mined BTC becomes even more critical for survival and investment in better hardware. Furthermore, the cumulative selling pressure from multiple Bitcoin mining companies can have an impact on the market supply of BTC , although the extent of this impact is a subject of ongoing debate among analysts. It’s one factor among many influencing BTC price movements. What Actionable Insights Can We Gain? For investors interested in the Bitcoin mining sector or in understanding the supply dynamics of BTC , reports like the one from Cipher Mining offer valuable insights: Miner Performance Metrics: Pay attention to how much BTC a company mines (production), how much it sells (liquidity/cost coverage), and how much it holds (balance sheet strength/long-term view). Cost Management: The amount a miner needs to sell can indicate their operational efficiency and energy costs. Lower selling relative to mining might suggest lower costs or a stronger balance sheet allowing them to hold more. Strategic Signals: Changes in a company’s sell-vs.-hold ratio can signal their management’s view on market conditions or upcoming capital needs. Industry Trends: Observing multiple miners’ reports provides a broader picture of the health and strategies prevalent in the crypto mining industry. Understanding these operational details is key to evaluating the financial health and strategic positioning of companies involved in Bitcoin mining . Conclusion: A Glimpse into Miner Strategy Cipher Mining’s April report, detailing the mining of 174 BTC and the sale of 350 BTC , provides a clear example of the strategic decisions faced by publicly traded Bitcoin miner s. Selling mined BTC is a necessary function to cover significant operational costs and fund future growth in a capital-intensive industry like crypto mining . Their decision to sell more than they mined in April highlights the dynamic nature of their treasury management and strategic allocation of capital. While they liquidated a substantial amount, their retained holding of 855 BTC demonstrates a continued belief in the asset’s value. These reports are crucial for anyone tracking the financial health of mining companies and understanding the supply side of the BTC market. It’s a constant balancing act between immediate financial needs and long-term potential in the ever-evolving world of Bitcoin mining . To learn more about the latest Bitcoin mining trends, explore our article on key developments shaping Bitcoin institutional adoption.
Remittix has found itself in the center of attention in crypto circles when markets rallied this week. SUI broke out of a traditional falling wedge pattern and launched a sharp surge that saw it climb by over 40% to a point above $3.45 in a month. This activity surge follows growing demand for Layer-1 and DeFi tokens following a spot SUI ETF filing by 21Shares. Since market players are looking towards the $4-$6 area, Remittix’s ongoing presale is making its presence felt with solid numbers and community backing. SUI Breaks Falling Wedge Pattern, Targets $6 Milestone SUI’s price movement unfolded exactly how technicians had predicted: stabilizing in the $2.80–$3.10 range before cutting a falling wedge—characterized by a pattern usually followed by violent bounces—and breaking out with conviction. The breakout triggered a 40% rally in a month to move SUI to $3.45. The first upside target has been set by analysts at around $4.79 and a secondary target at $6.12 with Fibonacci extensions and past resistance. The Sui token is in an attempt to escape the downtrend bearing channel on the daily chart, according to popular analyst Jonathan Carter. He mentioned that the new mainnet launch on May 5 would come with major improvements such as near-zero fees and over 50,000+ TPS capability. Remittix Presale skyrockets over $14.7 million Remittix is redefining how crypto communities build value on-chain. Its multi-layered governance model allows token holders to vote on protocol and fee model design in a direct manner and its developer grants program allocates funds to early-stage dApps natively integrated in the core network. Remittix has priced its token at a mere $0.0757 in its presale, one of the lower entry levels to be found in any top DeFi protocol. The aggressive pricing has generated immense demand, with phase one alone yielding a total of 531 million RTX tokens. The presale has received more than $14.7 million to date from a worldwide audience of retail and institutional buyers. The sales rate was always more than $1 million a day, showing persistent interest across time slots. The tokenomics of Remittix have a total supply limit of 1.5 billion RTX out of which 35% is allocated for community incentives and ecosystem grants. This creates long-term incentives since early adopters will be rewarded through network development and token scarcity. Join Remittix for Their New Business Venture The time is finally here to secure RTX at presale prices before it goes on the exchange. By taking action today, you are getting one of the best DeFi coin prices out there with a clearly-defined roadmap and engaged community to support it. Visit Remittix presale page to purchase tokens at $0.0757 and be a part of a visionary network to outpace even the most ambitious altcoin estimates. Do not wait to be a part of upcoming DeFi development. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post Sui Explodes From Falling Wedge, Bulls Target $6 In The Next Days But RTX Might Still Outpace It appeared first on Times Tabloid .
Spark, a bitcoin L2 platform fully compatible with the Lightning Network, has launched on mainnet. Promoted as “the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on bitcoin,” the network enables a series of use cases destined for monetary applications, such as issuing stablecoins on top of bitcoin or building hybrid
The post Top Trader Who Got 25,000x Return on PEPE Could be Betting on Codename:Pepe Now appeared first on Coinpedia Fintech News One legendary trader turned a mere $3,000 into a jaw-dropping $73 million, becoming a symbol of what’s possible in the meme coin universe. This savvy investor bought 4.91 trillion $PEPE tokens and methodically sold off portions over time, including a recent $2.8 million profit from just 100 billion tokens, netting a total of $27.5 million from 3.03 trillion $PEPE alone. At its peak, $PEPE shattered expectations, breaking through $0.000028 and reaching a new all-time high before the broader market downturn. But here’s the twist: according to growing speculation across crypto communities, that same master of timing and risk might now be eyeing the next big play — Codename:Pepe. With PEPE’s meteoric rise now behind him, the opportunity to replicate those 25,000x gains won’t come from legacy meme coins. Codename: Pepe, on the other hand, combines meme virality with AI-driven trend analytics and deflationary tokenomics — a fresh recipe for another moonshot. If history is about to repeat itself, this could be your chance to spot the next $ 3 K-to-$73 M trade before it explodes. Let’s dive into why Codename:Pepe might be the next jackpot for meme coin visionaries. Codename:Pepe Merges AI Functionality with Viral Meme Coin Appeal Codename:Pepe (AGNT) is a new cryptocurrency project that combines AI-driven functionality with the viral appeal of meme coins , two of the most prominent trends today . Interest in AI-driven crypto projects has skyrocketed, with blockchain-based AI solutions gaining more attention from investors. However, not all AI tokens are created equal—many simply use “AI” as a marketing buzzword without offering real value. A Smart Presale Strategy for Early Investors Codename:Pepe has decided to go with a community-driven presale model, giving early supporters access to the project at the best prices . The presale has a structured, multi-stage approach, designed to reward early adopters with big discounts: At stage 1, the $AGNT token was offered at $0.003333333. It goes through 28 stages, and its price increases incrementally. Those who buy $AGNT earlier get a bigger discount. Secure Your Codename:Pepe ($AGNT) Token Before the Next Price Increase Where Codename:Pepe Fits in the Crypto-AI Boom In contrast, Codename:Pepe aims to blend AI innovation with blockchain utility , while also calling out projects that fail to live up to their AI claims. This approach helps Codename:Pepe stand out in an increasingly crowded space. Codename:Pepe is designed to be an intelligent and adaptive platform . According to its developers, the project’s AI framework will be able to: Identify Emerging Meme Coins: By constantly monitoring social media and on-chain activity, Codename:Pepe spots early trends and high-potential tokens before they gain mainstream attention. Analyze Market Sentiment: AI-driven algorithms evaluate discussions, hype levels, and whale movements to determine which coins have the most momentum. Provide Actionable Trading Insights: Generates AI-backed forecasts, risk assessments, and early buy/sell signals to maximize trading efficiency. Optimize Auto-Trading Strategies: Uses real-time data to adjust automated trading strategies, ensuring adaptability in fast-moving market conditions. The development team behind Codename:Pepe is focused on expanding both AI capabilities and blockchain integration, ensuring the technology evolves alongside the crypto market. What Makes $AGNT a Compelling Investment Choice Codename:Pepe combines two of the most attractive elements in today’s crypto market : AI-driven innovation and meme coin virality. The project’s focus on real AI capabilities and community-driven growth positions it as a standout among new crypto launches. With a limited presale supply and increasing price tiers, $AGNT offers early investors the potential for significant returns as adoption grows. The Codename:Pepe Community is Growing – Join the Mission Now Pepe Coin and Its Market Dynamics Pepe Coin is a deflationary meme coin based on the popular “Pepe the Frog” meme created by Matt Furie in the early 2000s. It utilizes Ethereum’s ERC-20 standard, aiming for simplicity and transparency. The project follows a three-phase approach: Meme, Vibe and HODL, and Meme Takeover, focusing on building a solid community rather than making lofty promises. The total supply of PEPE is capped at 420.69 trillion tokens, with market demand influencing its price. The coin’s value relies heavily on its community’s engagement and interest. As of the current market cycle, PEPE is positioned among the top 30 cryptocurrencies by market capitalization, competing with other meme coins like Dogecoin and Shiba Inu. Its price can be volatile, often experiencing large changes in a single day. Various predictions exist for its future value, with some experts offering bullish outlooks based on market trends and technical indicators while others remain cautious. The future potential of PEPE largely depends on continued community support and interest, as well as broader market conditions. Conclusion In the fast-paced crypto market, certain coins may offer limited potential for short-term gains. Tokens like PEPE have had impressive runs, but their immediate prospects might not be as strong now. Traders looking for significant returns should consider new opportunities that go beyond the usual options. Codename:Pepe crypto introduces real intelligence to the trading world for maximum profits. It uses advanced AI to find the best meme coins, predict trends, and provide exclusive trading signals before the hype begins. By holding Codename:Pepe, investors join a special group with access to secret strategies and analytics. With a limited supply and community-driven approach, Codename:Pepe stands out as a promising choice for those aiming for substantial gains. Find out more about Codename:Pepe crypto here: Codename:Pepe ($AGNT) Website Codename:Pepe ($AGNT) Telegram Codename:Pepe ($AGNT) Twitter/X
While Bitcoin has seen significant gains, MicroStrategy founder Michael Saylor has pointed to another asset that has outperformed it this year. Although the specific asset wasn’t named in the provided article, other sources indicate that Solana (SOL) and certain altcoins have shown potential to “leave Bitcoin in the dust” in specific periods. Altcoins Showing Promise … Continue reading "Saylor Highlights Asset Outperforming Bitcoin" The post Saylor Highlights Asset Outperforming Bitcoin appeared first on Cryptoknowmics-Crypto News and Media Platform .
Imagine strolling along the iconic Croisette in Cannes, browsing luxury boutiques, and paying for your purchases with Bitcoin or Ethereum. This isn’t a distant dream; it’s a planned reality for the French Riviera city. Cannes is setting an ambitious target: 90% of its shops are expected to accept cryptocurrency payments by the summer of 2025. This move signals a significant step towards integrating digital assets into everyday commerce in one of Europe’s most famous destinations. Why is Cannes Embracing Cannes Crypto Adoption? The push for widespread Cannes crypto adoption is driven by a desire to modernize the city’s payment infrastructure and cater to a specific demographic. According to Artem Shaginyan of Web3 firm Lunu Pay, which is spearheading the technical implementation, the initiative is strongly supported by the Cannes municipal government. The primary goals include: Modernizing Payment Systems: Moving beyond traditional methods to embrace cutting-edge financial technology. Attracting High-Net-Worth Individuals: Many crypto holders are affluent and travel frequently. Making crypto payments easy could entice them to spend more time and money in Cannes. Enhancing the City’s Image: Positioning Cannes as a forward-thinking, tech-friendly destination. Boosting Local Commerce: Potentially increasing transaction volume and attracting new customers to local businesses. This strategic embrace of digital currency is about more than just novelty; it’s a calculated move to keep Cannes competitive and attractive in a rapidly evolving global economy. How Will Cryptocurrency Payments Work in Cannes? The core of this initiative lies in integrating systems that allow merchants to easily accept various cryptocurrencies. Lunu Pay, a company specializing in Web3 payment solutions, is expected to provide the necessary infrastructure. Typically, such systems work by: Merchant Integration: Shops will install or update their point-of-sale (POS) systems to include a crypto payment option. This might involve dedicated terminals, QR code scanners, or software integration. Customer Payment: A customer wishing to pay with crypto scans a QR code or uses a payment terminal linked to their crypto wallet. Instant Conversion (Optional but likely): The payment processor (like Lunu Pay) can instantly convert the received cryptocurrency into the local fiat currency (Euros) before transferring it to the merchant’s bank account. This protects merchants from crypto price volatility. Confirmation: The transaction is confirmed on the blockchain and the payment processor’s network. This process aims to be as seamless as paying with a credit card, removing complexity for both the merchant and the customer. The goal is to make using cryptocurrency payments as commonplace as using traditional methods. The Role of Web3 Payments in Urban Development The term ‘Web3 payments’ refers to payment solutions built on decentralized technologies like blockchain. These systems often promise lower transaction fees, faster settlements (especially for international transactions), and increased security compared to traditional payment networks. For a city like Cannes, which hosts major international events like the Cannes Film Festival and attracts visitors from around the globe, leveraging Web3 payments could offer distinct advantages: Reduced Fees: Merchants might benefit from lower transaction costs compared to credit card processing fees. Faster Access to Funds: Settlements can potentially be quicker, improving cash flow for businesses. Global Accessibility: Tourists from countries with different banking systems or high international transaction fees might find crypto payments more convenient. Innovation Showcase: Adopting Web3 technologies positions Cannes as a leader in financial innovation. Lunu Pay’s involvement highlights the growing role of specialized Web3 firms in building the infrastructure needed for mass crypto adoption at a city level. Their expertise in handling the technical complexities, regulatory considerations, and merchant onboarding is crucial for hitting the 90% adoption target. Cannes Joins the Ranks of Digital Payments Pioneers Cannes is not the first city to explore or implement widespread digital payments using cryptocurrencies, but its high target and status as a major tourist hub make its initiative particularly noteworthy. Several other cities have already taken significant steps: Lugano, Switzerland: Arguably the most prominent example, Lugano has embraced Bitcoin and Tether (USDT) as de facto legal tender alongside the Swiss Franc. Residents can pay for taxes, public services, and goods at many businesses using crypto. Vancouver, Canada: While not as comprehensive as Lugano, Vancouver has seen various businesses and even some local services explore crypto payment options over the years, driven by a strong tech and crypto community. Panama City, Panama: Panama has been exploring legislation to make crypto legal tender, and while the national effort has faced hurdles, crypto usage in businesses, particularly in Panama City, has been growing organically. These crypto adoption cities serve as case studies, offering lessons on the opportunities and challenges involved in integrating digital currencies into urban economies. Cannes can learn from their experiences, potentially streamlining its own implementation process. Challenges and Opportunities on the Path to 90% Adoption Achieving 90% adoption among Cannes merchants by summer 2025 is an ambitious goal. Several factors will influence its success: Merchant Education and Onboarding: Many small business owners may be unfamiliar or hesitant about cryptocurrencies. Providing clear information, easy-to-use technology, and reliable support will be essential. Regulatory Clarity: While France is part of the EU with evolving crypto regulations (like MiCA), local implementation needs to be clear and compliant. User Adoption: While the initiative targets high-income clientele, widespread adoption also requires tourists and residents to be willing and able to use crypto for payments. User-friendly wallet solutions are key. Technology Reliability: The payment systems need to be fast, secure, and reliable, especially during peak tourist seasons and major events. Volatility Concerns: While instant conversion mitigates merchant risk, the inherent volatility of some cryptocurrencies remains a factor for users holding them. However, the opportunities are significant. Successfully integrating crypto could provide a blueprint for other European cities and further legitimize cryptocurrencies as a medium of exchange, not just an investment asset. What This Means for Visitors and Residents By summer 2025, visitors to Cannes might find paying for hotels, restaurants, shops, and perhaps even taxis with Bitcoin, Ethereum, or stablecoins to be a common experience. For residents, it could offer an alternative payment method, though its utility will depend on how widely it’s accepted beyond the targeted shops. The initiative could also spur local interest and education in cryptocurrencies and blockchain technology. A Glimpse into the Future of Payments Cannes’ plan is more than just a local payment upgrade; it’s a high-profile experiment in urban financial innovation. If successful, it could significantly boost the visibility and acceptance of cryptocurrency payments in a major European economy. The world will be watching to see if the glamour of Cannes can be seamlessly blended with the innovation of Web3, creating a truly modern payment ecosystem by the summer of 2025. To learn more about the latest crypto adoption trends, explore our article on key developments shaping digital payments across the globe.
The post Missed Gains on Pepe and SHIB? Discover This Polygon-Based Token Set for 15,000% Growth appeared first on Coinpedia Fintech News For those who watched in regret as meme coins like Pepe and SHIB soared to unimaginable heights, a new opportunity awaits. An innovative token on the Polygon network is capturing attention, promising potential growth that could surpass previous trends. Could this be the next chance to ride a wave of exponential returns? Delve in to uncover this emerging prospect in the crypto sphere. Undervalued $XYZ Meme Coin Gears Up for Listing on a Major CEX XYZVerse ($XYZ) is the meme coin that has grabbed headlines with its ambitious claim of rising from $0.0001 to $0.1 during a presale phase. So far, it has gone halfway, raising over $13 million, and the price of the $XYZ token currently stands at $0.003333 . At the next 13th stage of the presale, the $XYZ token value will further rise to $0.005 , meaning that early investors have the chance to secure a bigger discount. Following the presale, $XYZ will be listed on major centralized and decentralized exchanges. The team has not disclosed the details yet, but they have put a teaser for a big launch. Born for Fighters, Built for Champions XYZVerse is building a community for those hungry for big profits in crypto — the relentless, the ambitious, the ones aiming for dominance. This is a coin for true fighters — a mindset that resonates with athletes and sports fans alike. $XYZ is the token for thrill-seekers chasing the next big meme coin. Central to the XYZVerse story is XYZepe — a fighter in the meme coin arena, battling to climb the charts and make it to the top on CoinMarketCap. Will it become the next DOGE or SHIB? Time will tell. Community-First Vibes In XYZVerse, the community runs the show. Active participants earn hefty rewards, and the team has allocated a massive 10% of the total token supply — around 10 billion $XYZ — for airdrops, making it one of the largest airdrops on record. Backed by solid tokenomics, strategic CEX and DEX listings, and regular token burns, $XYZ is built for a championship run. Every move is designed to boost momentum, drive price growth, and rally a loyal community that knows this could be the start of something legendary. Airdrops, Rewards, and More — Join XYZVerse to Unlock All the Benefits PEPE: A Deflationary Memecoin Inspired by Pepe the Frog PEPE is a deflationary memecoin launched on the Ethereum blockchain. It was created as a tribute to the internet meme Pepe the Frog, popularized by artist Matt Furie in the early 2000s. The coin aims to capitalize on the success of other meme-based cryptocurrencies like Shiba Inu and Dogecoin. PEPE maintains a no-tax policy and is upfront about its lack of utility, embracing its identity purely as a memecoin. In late April to May 2023, PEPE experienced a significant surge, with its market capitalization reaching up to $1.6 billion. This rapid growth drew attention to memecoins, leading to increased interest and volatility in the market. The PEPE roadmap includes plans for listings on major exchanges and a “meme takeover” in its third phase. With a growing community and strategic plans for expansion, PEPE stands out in the current market cycle as a notable memecoin connected to a widely recognized internet meme. Shiba Inu (SHIB): An Ethereum-Based Memecoin with Expanding Utility Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin but operates on the Ethereum blockchain. Launched in August 2020 by the anonymous developer Ryoshi, it began with a total supply of 1 quadrillion tokens. Half of the tokens were sent to Ethereum co-creator Vitalik Buterin to build trust within the crypto community. Buterin donated a significant portion of SHIB to the India Covid Crypto Relief Fund and burned 40% of the total supply, actions that increased SHIB’s visibility and credibility. SHIB’s integration with Ethereum allows for compatibility with decentralized applications. The development of ShibaSwap, a decentralized exchange, and plans for a non-fungible token (NFT) platform and a decentralized autonomous organization (DAO)-based governance system indicate potential for broader utility. In the current market cycle, SHIB’s attractiveness may be influenced by its expanding ecosystem and the ongoing interest in Ethereum-based projects. Its growing utility within decentralized finance (DeFi) and NFTs may contribute to its appeal in the crypto space. Conclusion Although PEPE and SHIB have shown impressive gains, XYZVerse (XYZ) aims to surpass them, uniting sports fans in a community-driven ecosystem poised for significant growth in the 2025 bull run. You can find more information about XYZVerse (XYZ) here: https://xyzverse.io/ , https://t.me/xyzverse , https://x.com/xyz_verse