Fintech PR
Can New Bitcoin BSC Repeat the Bitcoin Price Move from $1 to $30,000 And Mint More Millionaires?
NEW YORK, Sept. 15, 2023 /PRNewswire/ — If you had bought $100 of Bitcoin in 2011, it would have been worth $3m when BTC was trading at $30,000 earlier this year – could Bitcoin BSC ($BTCBSC – bitcoinbsc.io) repeat that feat?
Crypto investors certainly think so, which explains why the ‘Bitcoin on BNB Smart Chain’ staking crypto asset has raised more than $2 million in less than two weeks as its presale races toward the finish line of $3.96 million.
Currently priced at just $0.99 in presale – roughly the price Bitcoin was at in 2011 – Bitcoin BSC has a much better risk-reward profile for potential investors than Bitcoin, not to mention the staking yield that generates an income stream to buttress capital returns.
To be sure not to miss out on the presale alpha opportunities and the listing, which could be next week, follow the project’s X (formerly Twitter) account and join the Telegram group.
Behind the headlines about ‘crypto winter’ which followed failing crypto banks and exchanges, Bitcoin is actually looking in pretty good shape, and so are the Bitcoin derivative and clone coins that seek to provide a value differential over the original offering.
Bitcoin BSC, like Bitcoin, has a total supply of 21 million tokens. However, unlike Bitcoin, it runs on a proof-of-stake network, the BNB Smart Chain, which is a cheaper and more efficient blockchain.
The latest Bitcoin alternative coin has something else going for it that Bitcoin doesn’t – staking built in by design.
If you buy Bitcoin BSC today with BNB, you can start staking and earning yield. Token buyers have jumped at the chance to start locking in passive income. So over 1,000,000 $BTCBSC has been staked and is currently earning an annual percentage yield (APY) of 268%.
The current staked tokens amounts to almost half of the total number of sold $BTCBSC to date.
Often when you see an APY in triple figures, it can ring alarm bells given the huge spread it represents over the current interest rate levels in the advanced economies, which are in single figures.
Everything is transparent with Bitcoin BSC, which means you can keep tabs on how many token holders are staking by visiting the real-time Bitcoin BSC staking dashboard.
In addition, the project’s smart contracts are audited, and a guarantee of locked liquidity has been provided by the team for when it is listed on the Uniswap decentralized exchange (DEX).
With $BTCBSC, there is no impenetrable and opaque algorithm-based financial engineering built on rickety foundations like Terra Luna. Instead, Bitcoin BSC has allocated 69% of token supply to be paid out in rewards to stakers.
The pre-mined $BTCBSC tokens are emitted at a rate of 0.25 $BTCBSC per block in a block production schedule that mimics Bitcoin by rolling time back to 2011.
$BTCBSC rewards are paid out every 10 minutes in a similar fashion to the Bitcoin blockchain.
Bitcoin BSC is part of a new wave of derivative clone coins into the bitcoin space, drawing on the version 2.0 theme but, in this case, also leveraging the utility of staking.
These staking-based bitcoin clone coins come to market with the added security of buyers knowing that they come with a sizeable portion of the token-holding community already committed to the project through their deposits into its staking smart contract.
This means when the token launches on decentralized exchanges, there will be far less selling pressure due to the yield-bearing presence of staking at the heart of its tokenomics.
Staked coins have a seven-day withdrawal lock, after which tokens can be taken off stake at any time. Those who initiate stakes after $BTCBSC is listed will be able to stake their tokens regardless of whether they have bought with BNB or ETH. But if you wish to initiate staking while the presale is still in progress, then you must purchase with BNB.
Staking makes offerings like Bitcoin BSC far superior to the utility-light meme coin version 2 clones such as Pepe 2.0, Dogecoin 2.0, Shiba Inu 2.0, or even the likes of Bitcoin 2.0, whose only resemblance to bitcoin was in the name of the token.
Then there are coins such as HarryPotterObamaSonic10Inu (HPOS10I) that uses the ticker BITCOIN on DEXs – although most centralized exchanges refuse to allow it to use it. It does not have a 21 million supply and is really a meme coin take on Bitcoin with zero utility.
Nevertheless, as a meme coin that has achieved a level of virality, HPOS10I has attracted substantial interest, providing an example of the power of ‘bitcoin’ brand name recognition. From launch to peak, HPOS10I has returned 66,000% for early investors, provided they sold at the top.
But Bitcoin BSC is looking to play at the more serious end of the spectrum, where coins such as Bitcoin Cash and Bitcoin SV have attracted considerable attention as alternatives to Bitcoin.
However, these assets are forks from the original blockchain and carry all the baggage and complications that come with that, such as maintaining and developing the protocol.
Still, Bitcoin Cash was the earliest such fork if we exclude Litecoin, and although it is some way off its highs, it has nevertheless been able to outperform Bitcoin in recent weeks.
Then there’s BTC20 coin which launched a little over a month ago and also compares favorably to Bitcoin. While bitcoin has slid, at one stage slipping under $25,000 earlier this week, BTC20 has not only stayed in the green, it has been earning yield for its stakers.
While Bitcoin is down 7.3% in the past 30 days, BTC20 is up 14% on its list price of $1. Bitcoin Cash is up 4.5% in the past month, also outperforming Bitcoin.
We should also add that in the case of BTC20, shortly after listing, it reached an all-time high of $5.9 for a 6x return for presale investors.
Although some of the comparative returns cited above may not feel particularly spectacular by crypto volatility standards, savvy investors who have been around the block will be aware of the improving fundamentals for Bitcoin and how clone coins with better risk-reward potential, like Bitcoin BSC, are likely to benefit in an outsized way.
Joe Parys Crypto YouTube channel, with 300k-plus subscribers, is tipping $BTCBSC as one of five Bitcoin alternatives to see a price explosion.
Another crypto YouTube analyst has invested $840 into BTCBSC, attracted by the APY as well as the token price appreciation potential.
Bitcoin block rewards are due for their four-yearly halving in April 2024, and if past performance is a guide, the coin is on the cusp of yet another bull run. Each previous halving cycle bull run has seen bitcoin hit higher highs.
Aligning with that view, Pantera Capital predicts that the next cycle will be no different. The crypto asset manager reckons bitcoin will retrace back to $36,000 by the end of this year and surge to around $147k in the next halving cycle.
True to form, bitcoin derivative coins will be among the leading beneficiaries of the halving cycle bull run, likely to outpace many other altcoins.
Institutions and savvy investors have started accumulating Bitcoin in readiness for the next bull run.
Aside from the halving, the prospect of a spot Bitcoin ETF and the flood of new money – retail and institutional – that will flow into the Bitcoin and broader crypto market as a result, means the next altcoin season threatens to be the mother of all melt ups.
Do your own research, but it probably makes sense to get ready for the upturn by adding some low-cap sparkle to your portfolio.
A relatively modest allocation now to Bitcoin BSC could turn into 5x or even 100x gains very quickly, and in the near future, as we go into the halving cycle, life-changing profits could be on the table.
If you think digital currencies like Bitcoin are the future but missed out the first time around, then Bitcoin BSC provides a rare opportunity to grab a slice of the action before the bulls start rampaging.
You can buy $BTCBSC today with BNB, ETH or USDT. The minimum purchase amount is $10. Buy with BNB if you want to start staking straightaway before the presale ends. Those who choose to buy with ETH can start staking as soon as the presale ends.
Media contact: [email protected]
Website: bitcoinbsc.io
Social Channels: Twitter | Telegram Community
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Fintech
Former MD of SUI Foundation, Greg Siourounis, Joins xMoney Global as Co-Founder and CEO to build MiCA-Regulated Stablecoin Platform
xMoney Global, the global, inter-bank and cross crypto/fiat integrated payments platform has appointed award-winning economist Dr. Greg Siourounis as Co-Founder and CEO. The company is a Mastercard principal member, with strategic European licenses, such as e-Money and VASP.
As the digital landscape continues to evolve with the coming MiCA regulation, xMoney Global intends to lead Europe into this new transformative EU regulated stablecoin era. Greg Siourounis will lead the integration of xMoney’s advanced blockchain-enabled payments infrastructure with its upcoming stablecoin program. Stablecoins are a key driver of blockchain adoption in today’s market, now surpassing Bitcoin, remittances, and PayPal in annual transaction volume. As such, xMoney’s Global reputation positions it to bridge Web3 innovation with traditional finance, leading Europe into a new transformative EU regulated stablecoin era.
Dr. Greg, who has played a pioneering role in the growth of Sui Foundation as its former Managing Director and who previously founded Everypay, will drive xMoney Global’s next wave of growth. Beyond the standard reference of his academic work in 2024’s Nobel Prize in Economics, Dr. Greg’s career is also decorated with awards such as the 2005 Young Economist Award from The European Economic Association and the 2008 Austin Robinson Prize from The Royal Economic Society. His immediate target will be to focus on partnerships, regulatory alignment and market expansion, as xMoney Global looks to build a comprehensive payments platform that bridges legacy financial systems with the potential of decentralized finance.
Commenting on his appointment, Dr. Greg Siourounis, CEO of xMoney Global, said, “As Europe prepares to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be. Our goal is to deliver a solid and trusted ecosystem that combines the strengths of traditional finance with the flexibility of blockchain technology to create a future-ready payment experience.”
Beniamin Mincu, Co-founder of MultiversX, said, “xMoney Global’s mission aligns perfectly with the vision of MultiversX to bring scalable and secure blockchain solutions to mainstream finance. This appointment marks a significant step toward building a more inclusive and resilient financial system.”
The launch of xMoney Global aims to offer a next-gen blockchain-as-a-service module backed by its native stablecoin, with key white-labeled services including acquiring, issuing, onramps/offramps and a sticky loyalty program, all backed by MultiversX’s state-of-the-art sharding technology. Following the surge in crypto markets after Trump’s pro-crypto Presidential win, xMoney will be ideally placed to accelerate real-world adoption as the easiest way for everyone (consumers, retail and e-commerce) to seamlessly access fiat and crypto currencies in an app, card or payment gateway.
The post Former MD of SUI Foundation, Greg Siourounis, Joins xMoney Global as Co-Founder and CEO to build MiCA-Regulated Stablecoin Platform appeared first on News, Events, Advertising Options.
Double Data Deal for Life
LONDON, Nov. 27, 2024 /PRNewswire/ — In anticipation of Black Friday, Slice Mobile is enhancing its popular plans—Mini, Middy, and Biggie—by offering double the data. Both new and existing customers can benefit from this upgrade for life, as long as they remain on the same plan.
Available Deals:
- Mini Plan: Now 20GB for £10
- Middy Plan: Now 60GB for £15
- Biggie Plan: Now 200GB for £20
- Bigger Biggie Plan: Already unlimited at £30
Unlimited Plan for £5 for 3 Months
For a limited time, Slice Mobile is offering the Bigger Biggie unlimited plan for just £5 per month for the first three months. Normally priced at £30, customers can access this discount by applying the promo code FIVER at checkout. With eSIM technology, users can connect within minutes without waiting for a physical SIM card.
Key Benefits of the Offer:
- Unlimited data, texts, and calls, eliminating mid-month worries.
- Instant eSIM setup through the app, bypassing delivery delays.
- EU roaming up to 30GB included.
- Flexible, rolling monthly plan.
- A 7-day free trial to experience the service risk-free.
- An impressive 83% discount on the first three months, saving £75 in total.
- Simple sign-up: apply promo code FIVER at checkout.
This limited-time offer is available until 11th December 2024, making it the perfect opportunity for those seeking a flexible and affordable mobile plan.
How to Get Started
New users can join Slice Mobile, or current users can switch their free trial to a paid plan via the Slice app during the promotional period.
View original content:https://www.prnewswire.co.uk/news-releases/slice-mobile-launches-special-black-friday-offers-302317430.html
Fintech PR
ADFW Unveils Full Agenda for 2024 Edition, One of the Most Impactful Financial Gatherings of the Year
ABU DHABI, UAE, Nov. 27, 2024 /PRNewswire/ — Abu Dhabi Finance Week (ADFW) has unveiled a compelling agenda for this year’s event that will take place from 9th to 12th December 2024. ADFW 2024 – ADGM’s flagship event with ADQ as its headline partner – is one of the most anticipated financial gatherings this year, with a lineup of industry-shaping events, influential speakers, and strategic forums that will explore the theme of ‘Welcome to the Capital of Capital.’
This third edition is in keeping with ADFW’s tradition of convening some of the most renowned global financial leaders, investors, policymakers, and thought leaders to address and analyse topics such as economic, human, cultural, environmental and technological capital, that make Abu Dhabi the ‘Capital of Capital’. The agenda for 2024 includes over 60 main and side events, more than 350 thematic sessions and approximately 600+ speakers. The event expects a gathering of over 20,000 attendees from around the world, representing over USD 30 trillion in managed assets.
Commenting on ADFW’s exceptional agenda, His Excellency Ahmed Jasim Al Zaabi, Chairman of ADGM and ADDED said, “Abu Dhabi Finance Week has firmly established itself as a global platform that attracts the most influential professionals in the finance industry from across the world. This year’s agenda for ADFW is a testament to Abu Dhabi’s position as a leading international financial hub, where innovation and collaboration drive progress for the Falcon Economy. ADFW continues to create unparalleled opportunities for meaningful dialogue, shaping strategies that strengthen resilience and growth in today’s evolving economic landscape, welcoming them to the ‘Capital of Capital’.”
Key forums, including the Abu Dhabi Economic Forum, Asset Abu Dhabi, RESOLVE 2024, Fintech Abu Dhabi, and the Abu Dhabi Sustainable Finance Forum (ADSFF) will return this year. New events for 2024 include the UBS Investment Forum, the China UAE Investment Summit with HSBC, the Islamic Finance Summit, the Spear’s Private Wealth Summit, and the Abu Dhabi Capital Markets Showcase.
Day 1: Opening Ceremony and Abu Dhabi Economic Forum
The official opening ceremony is on 9th December in the presence of esteemed members of Abu Dhabi’s leadership, heads of leading global investment and financial firms and other VIPs from the financial industry.
Abu Dhabi Economic Forum, a high-level leadership gathering, will feature in-depth discussions on the current state of and prospects for the Falcon Economy. It will bring together senior members of the Abu Dhabi government and prominent figures from the private sector, representing key industries. Speakers include the CEOs of Blackrock, Morgan Stanley, HSBC, Citigroup, BNY, Lunate, First Abu Dhabi Bank (FAB) and Aldar. ADEF Private Leadership Forum, Abu Dhabi Capital Markets Forum, the UBS Investor Forum and the prestigious ADFW Gala Dinner are a few of the major sub-events scheduled for the day.
Day 2: Asset Abu Dhabi and RESOLVE
The second day starts with Asset Abu Dhabi in association with ADCB, Mubadala and PGIM Global Asset Management. Bringing together asset allocators, asset managers, investment bankers, venture capitalists, private equities, family offices and other institutional investors, collectively managing over USD 30 trillion in assets, the event will see industry titans such as Ray Dalio, Robert Smith – Founder, Chairman & CEO at Vista Equity Partners, Aron Landy – CEO at Brevan Howard, and Bill Huffman – CEO at Nuveen take to the stage.
RESOLVE will also be held on this day, in collaboration with the Judicial Department. Under the theme ‘Resilience’, the event is set to host impactful conversations among key stakeholders from the global dispute resolution community and leaders from government, industry, and academia.
Day 3: Fintech Abu Dhabi and Global Financial Regulators Summit
Fintech Abu Dhabi, the Middle East’s largest fintech festival, will spotlight innovations in AI, digital security, and blockchain technology. Breakout events like Blockchain Abu Dhabi, RISK 4.0 Forum, Islamic Finance Summit and the AI Abu Dhabi Forum will showcase the transformative potential of emerging technologies. Leading voices, including Jeremy Allaire – CEO and Founder of Circle, Richard Teng – CEO of Binance, and Caroline Pham – U.S. CFTC Commissioner, will discuss the evolving landscape of financial technology.
The Global Financial Regulator Summit also returns as a closed-door gathering of international senior regulatory bodies and representatives from the MENA region, the European Union, the UK, Asia and the USA to discuss the approach to the opportunities and challenges presented by the rise of AI.
Day 4: ADSFF
Exactly one year after hosting its last edition at COP28, the Abu Dhabi Sustainable Finance Forum (ADSFF) will be held on the concluding day of ADFW to conduct discussions on sustainable finance, impact investing, and net-zero commitments. It will bring together impactful voices like H.E. Carme Artigas Brugal, Co-Chair of the AI Advisory Body at the United Nations, Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, Jonathan Dean of AXA IM and H.E. Majid Al Suwaidi, CEO of Alterra underscoring Abu Dhabi’s commitment to sustainability and green finance.
Curated side events include ‘Women in Finance’ and the ADFW Venture Park.
For more information on the agenda please visit What’s Happening in ADFW | Agenda – Abu Dhabi Finance Week
Register for Abu Dhabi Finance Week 2024 at Get your ticket – Abu Dhabi Finance Week
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View original content:https://www.prnewswire.co.uk/news-releases/adfw-unveils-full-agenda-for-2024-edition-one-of-the-most-impactful-financial-gatherings-of-the-year-302317367.html
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