Traders and investors tired of traditional trading platforms with limited capabilities and high fees should look no further than TMS Network (TMSN), the innovative Ethereum-based platform that is shaking up the crypto trading industry.But that’s not all – Tron (TRX) and Huobi have teamed up to launch a Memeverse Carnival event.Meanwhile, investors are flocking to Cardano (ADA) as the launch of Hydra, a layer 2 protocol, has solved the scalability issue on the blockchain.The developments highlight the rapidly evolving world of cryptocurrency.Read on to learn more about TMS Network (TMSN), Tron (TRX), and Cardano (ADA).Tron (TRX) and Huobi Join Forces to Launch Memeverse Carnival Event Tron (TRX) has formed a strategic partnership with Huobi to launch a new Memeverse Carnival event.
The event will support the development of meme tokens for both Tron’s (TRX) and Huboi’s ecosystems.
A new fund, called the Memeverse Fund, will be created by the TRON DAO Ecosystem, and will have a budget of 20 million TRX.This will be done to reward the most popular meme token projects in the Tron (TRX) ecosystem.Popular meme projects will be encouraged by Huobi and Poloniex, based on their popularity and ranking.Additionally, Tron (TRX) will provide backing to creative meme projects that come with distinct token designs and ideas.This move is expected to have a positive impact on the Tron (TRX) ecosystem, especially in light of the recent popularity of memecoins like Pepe (PEPE).
Cardano’s (ADA) Scalability Upgrade Attracts Investors Fleeing Ethereum’s Gas Fees Cardano (ADA) is becoming increasingly popular among investors due to the recent launch of Hydra.This layer 2 protocol has solved the scalability issue on Cardano (ADA) blockchain.Unlike Ethereum, which is becoming more challenging to use due to its high gas fees, Cardano (ADA) has implemented several initiatives to upgrade its network, including the recent February Valentine upgrade.This upgrade of Cardano (ADA) adds more support to the SECP256k1 curve.Moreover, Hydra’s faster processing time for applications, and reduced costs make the platform more attractive to users, giving Cardano (ADA) an edge over Ethereum.As a result, more investors are moving towards the Cardano (ADA) ecosystem, which has seen a surge in popularity in recent times.
TMS Network (TMSN) Raises Over $5M in Presale, Promising Investment Opportunity TMS Network is shaking up the traditional trading industry with its all-in-one decentralized Ethereum-based platform.TMS Network (TMSN) has already raised over $5 million in investment, and the token is currently valued at $0.088.
As TMS Network’s (TMSN) presale ends soon, here are some key facts for potential investors to consider before the presale ends: – TMS Network (TMSN) tackles prevalent problems in the trading industry, such as manipulation of prices, delays in transactions, and insufficient trading education.- TMS Network (TMSN) is the first-ever multi-asset crypto trading network that enables cryptocurrency to meet derivatives.- TMS Social Trading Club offers traders opportunities to improve their performance and learn from experienced traders.Trading bots and a strategy builder with a robust backtester help keep emotions at bay.
– Access to professional trader courses, including technical and fundamental analysis, are provided to TMSN Token holders.Commission revenue sharing incentivizes token holders to increase the trading volume on the platform, with revenue distribution automated through smart contracts.- TMS Network (TMSN) uses STP execution to send orders directly to liquidity providers, avoiding dealing with desk model’s price manipulation.Thus, investors should join the TMS Network and enhance their trading experience today.
Presale: https://presale.tmsnetwork.io Website: https://tmsnetwork.io Telegram: https://t.me/TMSNetworkIO Twitter: https://twitter.com/@tmsnetwork_io Disclaimer: Any financial and crypto market information given on Analytics Insight is written for informational purpose only and is not an investment advice.Conduct your own research by contacting financial experts before making any investment decisions.The decision to read hereinafter is purely a matter of choice and shall be construed as an express undertaking/guarantee in favour of Analytics Insight of being absolved from any/ all potential legal action, or enforceable claims.Leave a Reply [Cancel reply](/cryptocurrency/dont-miss-out-tms-network-tmsn-is-the-crypto-to-buy-tron-trx-joins-forces-with-huobi-and-cardano-ada-adds-to-crypto-buzz/#respond) Leave a Reply A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image.The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other irregularities.Lawmaker Leaves South Korean Opposition Party Over Crypto Holdings Kim Nam-kuk, a representative in the South Korean National Assembly, announced he will leave his political faction amid a growing scandal surrounding his alleged cryptocurrency dealings.In a Facebook post on Sunday, he wrote: Today, I am briefly leaving the Democratic Party that I love.
I decided that it would not be right to be a burden to the party and party members any longer.Kim came under intense scrutiny after revelations that he owned around 800,000 Wemix coins in 2021, Yonhap reported.At the time, the digital assets were worth around 6 billion won ($4.5 million), “a significant amount inconsistent with his frugal image,” the news agency noted.On Wednesday, the Democratic Party of Korea, the main opposition force in the parliament, urged Kim to sell off the assets, a call that the first-term lawmaker accepted.The party’s ethics committee launched a probe into his coin trading which has been suspended now.Korean Legislator Suspected of Conflict of Interest and Insider Crypto Trading The South Korean politician reportedly withdrew all his coins last March, ahead of the enforcement of the so-called ‘Travel Rule’ in the country.It obliges crypto exchanges to report personal information about crypto owners when a transferred amount exceeds a 1 million won.
Critics have pointed out that Kim Nam-kuk’s crypto holdings may constitute conflict of interest as he was one of the sponsors of a bill proposing to delay income taxation of virtual assets in July 2021.This was approximately six months before he withdrew his coins, Yonhap revealed in an earlier report this week.While Kim has maintained that no irregularities were involved in his trading and has disclosed some of his transaction data, Korean media has also highlighted suspicions over the source of the money for his crypto investments and that he allegedly used insider information.
“I believe I should not cause any kind of harm to the party at this important time,” he also stated on Sunday while vowing to “stand up to the unjust political offensive until the end and uncover the truth.” Kim further noted that as an independent lawmaker he would demand legal accountability over media reports which he claims are based on false facts.Tags in this story Coins, controversy, Crypto, crypto assets, Crypto Holdings, crypto investments, Cryptocurrencies, Cryptocurrency, Investigation, Kim, Kim Nam-kuk, korea, korean, lawmaker, party, politician, Resignation, scandal, South Korea, south korean, wemix What are your thoughts on the case with the South Korean politician’s crypto investments? Tell us in the comments section below.Lubomir Tassev Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.Image Credits: Shutterstock, Pixabay, Wiki Commons, Kim Nam-kuk Disclaimer: This article is for informational purposes only.It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.
Bitcoin.com does not provide investment, tax, legal, or accounting advice.Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Non-fungible token (NFT) sales witnessed a minor rise last week, registering a humble increase of around 1.46% compared to the preceding week.The cumulative value of NFT sales amounted to $149.31 million from April 29 to May 6, 2023.
Nevertheless, the most recent week exceeded anticipations, as sales skyrocketed by 31.22%.Throughout the seven-day interval, NFT sales attained $208.17 million.
The substantial rise in this week’s NFT sales can be credited to the appearance of NFTs originating from the Bitcoin blockchain.Bitcoin-Based NFT Sales Gain Significant Momentum Bitcoin NFT sales have emerged as a key contributor in the digital collectible sales landscape, among 21 distinct blockchains as per cryptoslam.io data documented on May 14, 2023.Ethereum NFT sales continued to reign supreme with $111.26 million in NFT sales; however, the runner-up position was held by Bitcoin-based NFTs, also known as Ordinal inscriptions.Data demonstrates that Bitcoin NFT sales secured $53,433,451 and clinched the second-place position regarding blockchain sales out of the 21 chains.
Bitcoin’s NFT sales leaped by 187.54% compared to the prior week.Mythos blockchain’s NFTs also experienced a sizable boost as NFT sales climbed by 69.66% to claim $11.73 million this previous week.The ascent propelled Mythos into the third-largest rank considering top blockchains by NFT sales volume.
Solana, which formerly occupied the second-largest spot, now stands at fourth in terms of NFT sales per blockchain.In the last seven days, Solana recorded $8,789,106 – a reduction of 21.16% compared to the previous week.
The fifth blockchain with the greatest sales volume for this past week was Polygon’s $7.79 million, decreasing by 7.07%.Regarding NFT collections, cryptoslam.io data discloses that “Uncategorized Ordinals,” essentially random Ordinals not part of any collection, achieved the top collection status in sales this week.Uncategorized Ordinals managed to register $15.62 million in NFT sales.Ethereum’s Bored Ape Yacht Club (BAYC) claimed the second spot this week with $13.80 million in overall sales within the past seven days.The Mythos chain’s Dmarket collection secured third place, and the majority of Mythos’ NFT sales stemmed from the Dmarket collection’s transactions.
In fourth place, ORDI BRC-20 NFTs documented $11,044,110 in weekly sales, while Ethereum’s Milady Maker NFT collection amassed $10,376,102 in sales during the identical timeframe and ranked fifth this week.A notable climber this week concerning NFT sales was Bitcoin-based Space Pepes with $4,607,834 accrued over the past seven days – a spike of 2,142.35% compared to the previous week.Moreover, a single NFT from the series was sold for $4.5 million, making it the most expensive sale of the week.Interestingly, the remaining top five most valuable NFT sales in the past week all belonged to the Uncategorized Ordinals category.Tags in this story Bitcoin, Blockchain, Bored Ape Yacht Club, Cryptocurrency, Digital Collectibles, Ethereum, Mythos, NFT sales, Polygon, Solana, Space Pepes, Uncategorized Ordinals What are your thoughts on the recent surge in NFT sales and the impact of Bitcoin-based NFTs? Share your opinions and insights in the comments section below.Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida.Redman has been an active member of the cryptocurrency community since 2011.
He has a passion for Bitcoin, open-source code, and decentralized applications.Since September 2015, Redman has written more than 7,000 articles for Bitcoin.com News about the disruptive protocols emerging today.Image Credits: Shutterstock, Pixabay, Wiki Commons, cryptoslam.io Disclaimer: This article is for informational purposes only.
It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies.Bitcoin.com does not provide investment, tax, legal, or accounting advice.Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Cryptocurrency Could Conflux (CFX) Break $1? Tezos (XTZ) Still In The Red, While Tradecurve (TCRV) Acquires New Whales Aside from stablecoins, Bitcoin (BTC), and Ethereum (ETH), other digital currencies perform excellently on the market.
As a result, investors are already looking at some of them as the possibility of them being the next big thing in crypto gets more accurate.
Top amongst these new cryptocurrencies is Conflux (CFX) domiciled in China, Tezos (XTZ), and the highly disruptive Tradecurve (TCRV).Conflux (CFX) Price Prediction We briefly mentioned China and Conflux (CFX) earlier, and it should not surprise you.In recent times, China has not been the most crypto-friendly nation.
Hence, it is a wonder how the innovators of Conflux (CFX) are making things work.Conflux (CFX) has been designed to make crypto transactions faster and strategically positioned to align with China’s strict trade laws.There are existing worries with Blockchain, such as its slow nature when processing large amounts of data and high transaction fees.
Conflux (CFX) is solving that by creating a blockchain without barriers.Conflux (CFX) seeks to lead the way to connect Asian and Western Communities.Conflux (CFX)’s price prediction ranges from $0.0550 to $1.9116, with analysts predicting that Conflux (CFX) might get above $2 in no time.Tezos (XTZ) Price Prediction Currently, investors are in a dilemma regarding the market performance of Tezos (XTZ).It is difficult to say for sure if Tezos (XTZ) will go up after it has gone through a period of dramatic rise and fall.
After the first quarter of 2023, it is standard for questions to arise if this year will differ for Tezos (XTZ).As it stands, Tezos (XTZ) token has taken a nosedive of about 77% from its all-time high in October 2021 to date.The reasons for the crash in prices are plausible.Tezos’ (XTZ) fall in price has come as a result of the uncertainty that has been induced in the crypto and broader markets as a result of certain macroeconomic factors.Ongoing Russia – Ukraine war has led to increased inflation that has affected fuel and food prices.Tezos (XTZ)’s price prediction showed that early in the year, Tezos (XTZ) would have its price failing to $0.849372.However, it is a great asset, as its outlined solutions to the crucial barriers facing blockchain for adopting assets and applications are pivotal.Advantages of a Decentralized Payment Platform: An Overview of Tradecurve Tradecurve is a hybrid exchange creating borderless entry to the financial markets.
Tradecurve’s exchange provides users with a platform to trade; stocks; shares, currencies, cryptocurrencies and indices all from one account without the need for customers to submit identification or complete a KYC procedure.
This unparalleled privacy has seen many investors within the crypto market scramble to purchase it’s presale, however institutional investors are now turning their heads and understanding what Tradecurve means to the future of trading the financial markets as we know it.The native utility token of Tradecurve is $TCRV, this token powers the entire Tradecurve ecosystem and provide holders with a multitude of benefits including; automated trading, copy trading, access to trading academies via the metaverse, staking to generate a passive income, VIP account status, lower subscription and trading fees.Currently in it’s presale stage $TCRV is trading at $0.01, with analysts predicting that Tradecurve will surge 40x-50x once the token launches, over 90% of the phase one presale has sold in just 6 days providing evidence that Tradecurve is a force to be reckoned with.Tradecurve’s native utility token $TCRV has also been audited by Cyber Scope, whilst a team KYC was carried out by AssureDeFi further providing security and transparency to investors.Tradecurve’s development team has stated that team tokens are locked for three years, and the liquidity pool will remain locked for two years.After completing stage 1 of the presale, TCRV’s price will increase significantly, and it has been projected to see a 50x gain during presale with gains of up to 100x after launch.With Tradecurve leading the charge for a genuinely borderless entry for crypto transactions, its native token is one great coin that must be on your asset list.
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