ToaCoin(TOA)

More than half of consumers in Latin America have already engaged in transactions involving cryptoassets.

The purchase was funded from a digital wallet, which has been a part of the chain of transactions, anonymized by the Ethereum coin mixing service Tornado Cash

FCA warns 145 digital asset companies, including Huobi-owned HTX and KuCoin, expanding regulations for cryptoasset service providers.

According to the BIS, this innovative system is designed to provide regulatory authorities with a more comprehensive understanding of how, when, and where cryptoassets are utilized.

Creating coherent crypto regulation was always going to be a challenge. This industry is remarkably different from the norms of traditional finance. The SEC is grappling with these questions even as DigiToads (TOADS) launches an exciting NFT collection. One such bone of contention is whether the agency classifies cryptocurrencies as securities. The answer to this […]

High-profile investors shape crypto markets profoundly. The activity around ADA in the past week has been a testament to this effect. Some of these investors are joining the DigiToads ( TOADS) project as it heads for launch on 21st August 2023. investor activity can have a profound effect on a token’s visibility. DigiToads (TOADS) is […]

The inherent volatility of the crypto market is no longer a secret, making it a rollercoaster ride for investors and traders. Recent developments around Bitcoin, which dropped below $27,000 at the time of writing the current price is $26,049, this has raised concerns about the leading cryptocurrency. Meanwhile, analysts are sounding the alarm for a […]

Various holes appeared in the Chinese supposed crypto ban back in 2021. Failures in top crypto exchanges like FTX have poked holes in the decision taken by the Chinese government. The crypto exchanges highlighted a significant number of accounts from China, who still trade and own crypto assets as usual. The staggering number has prompted […]

[PRESS RELEASE – Geneva, Switzerland, August 16th, 2023] TRON DAO (“TRON”) is pleased to announce that it has joined the Japan Cryptoasset Business Association (“JCBA”) as an associate member starting from August 1st, 2023. As a leading global blockchain, TRON is committed to building cooperation and collaboration with other JCBA members to promote the growth […]

The past few weeks have been quite eventful for the global cryptocurrency market. Litecoin recently completed its third halving event. In halving, block mining rewards are reduced by half to tame inflationary tendencies and keep the token supply scarce. In other news, Chainlink and DigiToads (TOADS) hit the headlines with their impressive performance and emerged […]

In the ever-fluctuating realm of cryptocurrencies, Ethereum (ETH) and Aave (AAVE) appear to be navigating through a period of downturns, marked by recent declines that have stirred speculation about their future performances. As ETH and AAVE face headwinds, market participants are keeping a watchful eye on their performance, with debates swirling about the extent of […]

Amid the unfolding turmoil surrounding the financial troubles of the Huobi Token (HT) and mounting investigations in China, the cryptocurrency landscape remains dynamic and full of opportunities. As Huobi faces a staggering $2.5 billion drop in Total Value Locked (TVL) amidst regulatory scrutiny, DigiToads (TOADS) offers an amalgamation of non-fungible tokens (NFTs) and play-to-earn (P2E) […]

Amidst recent developments, the Terra Classic ecosystem witnessed a significant shift as Binance executed its 12th batch of LUNC token burns. In a resounding move of support, Binance permanently eliminated a staggering 1.41 billion LUNC from circulation, signaling a strong commitment to Terra Classic. This monumental burn event, accounting for 50% of Binance’s LUNC spot […]

After a $47million hack of Curve Foundation, prospects have improved somewhat thanks to new backers like Tron’s Justin Sun. This positive news has helped bolster Curve’s fortunes, addressing major issues with the network and bringing new bullish sentiment to the scene. But it’s not the only crypto that has a newly positive outlook: DigiToads (TOADS) […]

Most altcoins struggle to stand out of the crowd. Other than Ethereum, most still have much to prove as long term projects. AAVE and Monero are two platforms in this category, even as DigiToads (TOADS) continues to gather momentum from its presale. This market shows the importance of dynamism and uniqueness. Crypto investors need a […]

Bitcoin (BTC) has been battling to push above the $31,000 level after recently crossing this threshold, prompted by a favorable ruling in the Ripple v. SEC case. This significant development sparked optimism among investors, leading to an upward swing in Bitcoin's price. However, despite the initial surge, Bitcoin continues to face resistance in its price movements as market dynamics fluctuate and investor sentiment remains cautious. The cryptocurrency's journey to establish a stable foothold above $31,000 has been met with constant fluctuations and varying selling pressure. Still, certain factors indicate bullish sentiment that could see BTC skyrocket in the coming months. Although Bitcoin is considerably down from its record high of approximately $69,000, which it achieved in 2021, on-chain data reveals that the flagship cryptocurrency is currently trading around the $30,000 level on significant exchanges, with a target of reaching $35,000. Its market cap is nearing an impressive $590 billion, accompanied by a robust trading volume about to surpass $7.6 billion. The recent Bitcoin rally has sparked speculation among experts, suggesting that the price could rise further with the introduction of spot exchange-traded funds (ETFs). The arrival of ETFs, particularly those pushed by top-ranking companies like BlackRock, can boost Investors' confidence and trigger a surge in the price of Bitcoin. Industry analysts are closely monitoring potential bullish catalysts that could significantly impact the price of BTC. Their analysis highlights the Federal Reserve's pause on rate hikes, the outcome of Ripple's lawsuit against the SEC, the potential approval of a Bitcoin ETF, and Binance's settlement with the Feds as crucial factors. These developments have caught the attention of famous investment analyst Callie Cox, who believes that the successful navigation of regulatory scrutiny by various cryptocurrency platforms indicates that the approval of a Bitcoin ETF is only a matter of time. Cox further emphasizes that this development could open the floodgates for a more comprehensive fleet of institutional investors, potentially skyrocketing BTC to new highs. Adding to the bullish sentiment, the Moving Average Convergence Divergence (MACD), a widely-used technical analysis tool, indicates potential growth in the Bitcoin market. Financial analysts have recently observed an upside MACD cross on the BTC chart, suggesting the presence of bullish momentum. All the metrics mentioned above and the data point towards Bitcoin experiencing a significant bull run led by institutional investors. DigiToads (TOADS) Presale Milestone Highlights Growing Dominance Among Meme Coins The crypto markets have once again entered a phase of meme coin demand, and the recent success of DigiToads' (TOADS) presale is the best ICO that perfectly captures this trend. DigiToads has experienced a rapid 370% pump to $0.047 in the presale alone as meme coin investors relentlessly search for the best crypto investment. DigiToads dominates a market saturated with utility-lacking meme coins like Dogecoin (DOGE) amid this frenzy. The rapid adoption of DigiToads' presale indicates that many investors believe TOADS could be the next cryptocurrency to explode, outperforming leading crypto giants. DigiToads has witnessed overwhelming demand, rapidly selling TOADS, and achieving a fundraising milestone of over $6.2 million. It's no surprise that analysts predict that after TOADS lists on exchanges, early investors could be sitting on colossal profits. Such potential for exponential growth suggests that DigiToads is the best DeFi crypto that could deliver 100x returns in the coming months. DigiToads is the best DeFi crypto platform, offering a highly anticipated play-to-earn (P2E) game and a valuable NFT collection. This strategic move, coupled with the ongoing success of the presale, positions TOADS for even more adoption, fueled by the growing interest in projects that leverage DeFi technologies. In the current market, meme coins with innovative features are rare, making DigiToads' presale the best ICO to participate in for long-term profits. Conclusion Although Bitcoin's struggle to break through the $31,000 level reflects caution, there are reasons to remain optimistic, such as the potential introduction of spot ETFs that suggest a likely bull run for Bitcoin. Simultaneously, the meme coin frenzy has taken the crypto market by storm, with DigiToads' presale as a prime example. With its exponential growth and overwhelming demand, DigiToads has dominated the crypto market as the best crypto investment for investors seeking constant returns. Visit DigiToads Presale Mint DigiToads NFTs Here Buy DigiToads NFTs on OpenSea Join the community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Meme coins have a robust reputation for their potential to deliver huge returns on investment over a short period of time. Meme coin lovers are attracted by projects that could experience exponential growth, leading to high returns overnight. However, finding the right projects is not such an easy task, especially as more and more coins appear on the market each day. To help you out, we’ve done the research on your behalf and we discovered the best altcoins to buy with huge potential for growth in the next period. Here are the 5 crypto picks for 100x returns that currently generate hype and attention within the community: DigiToads (TOADS), Floki Inu (FLOKI), Shiba Inu (SHIB), Dogecoin (DOGE), and Monacoin (MONA). DigiToads DigiToads is one of the few presales this year that have generated huge buzz in the media. However, TOADS is more than a simple meme coin. In fact, this coin departs from the purely speculative business model and puts forward a robust ecosystem with plenty of opportunities to generate returns both actively and passively. DigiToads combines a play-to-earn gaming universe with a stake-to-earn rare feature. These core elements attract gaming enthusiasts, who get to play with digital toads in an immersive world to earn TOADS in gaming competitions, but also long-term investors, who can buy TOADS and use them to purchase and stake trending NFTs in return for regular passive income. Perhaps another crucial aspect is the deflationary nature of the TOADS ERC20 coins. This leads to the scarcity effect, unlike other inflationary coins, which means that TOADS holders do not only stand to benefit from value appreciation but also enjoy the potential for long-term passive returns. FLOKI FLOKI started out as a joke coin, but the dev team decided to expand into key areas like decentralized finance, NFTs, and the Metaverse. Despite being relatively new, just like TOADS, FLOKI is expected by experts to deliver significant growth and success in the next year. The crypto project differentiates itself from other meme coins. Just like TOADS, it focuses on real-life use cases, which are expected to keep generating demand for the token. Shiba Inu Shiba Inu has been at the top of the list for quite some time now. Despite some bumps down the road this year, SHIB is still expected to live up to its reputation. The purpose of SHIB is to become one of the main decentralized cryptocurrencies that focus on a fun community of users. Dogecoin Dogecoin’s cultural appeal has remained unaltered thanks to its lighthearted origin. Just like SHIB, a key driver for growth for this meme coin is the internet meme that has created a strong community. Also, DOGE has enjoyed multiple celebrity endorsements, with figures prominent in business, entertainment, and crypto industries offering attention to this meme coin. Monacoin Monacoin first appeared in Japan and garnered attention after appearing on a Japanese TV network, where land was purchased using MONA. Monacoin is essentially a payment network that facilitates P2P transactions. One of the earliest meme coins, Monacoin enjoys a huge appeal, particularly in the Japanese crypto community. In addition to this, while some meme coins lack utility, MONA is used for multiple purposes, including tipping, donations, or as a means of exchange. Summary The rise of meme coins has taken many by surprise. Among the top contenders, DigiToadsstands out for its unique approach that combines play-to-earn gaming and a stake-to-earn mechanism with multiple community contests and awards. As the meme coin landscape evolves, investors and traders are becoming more discerning than ever. The meme coin market offers huge potential for excitement, adrenaline, and gains, but it’s important to focus on projects like DigiToads with robust growth potential and a solid foundation. Visit DigiToads Presale Mint DigiToads NFTs Here Buy DigiToads NFTs on OpenSea Join the community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

A newly released survey and report from the Bank for International Settlements (BIS) claims if widely used, cryptoassets and stablecoins may threaten financial stability. The BIS published a new survey and report detailing the state of global CBDC (central bank digital currency) adoption and central banks’ view and plans regarding CBDCs. Almost 25% of Central Banks are Piloting Retail CBDCs The report, entitled “Making Headway – Results of the 2022 BIS Survey on central bank digital currencies and Crypto,” finds the number of central banks planning on launching CBDC in the near future has doubled since the previous year, despite the chaos in the market. In its report, the BIS, however, warned of the risks of using cryptoassets for payments. It said: If widely used for payments, cryptoassets, including stablecoins, may constitute a threat to financial stability. While accepting the reality of widespread CBDC introduction, the BIS and other global regulators will issue guidelines to mitigate the danger it associates with the industry. The BIS explained: To strengthen and coordinate regulatory approaches to contain their risks to the financial system, the CPMI, IOSCO, FSB and BCBS published updated or new guidance and standards for stablecoins or crypto activities and markets more broadly. Through its research, the BIS found that almost a quarter of all central banks are currently piloting retail CBDCs. The BIS expects over two dozen such state-backed digital currencies to roll out by the decade’s end. BIS Expects 15 Retail, Nine Wholesale CBDCs To Launch CBDCs have already been issued by Nigeria, the Bahamas, Jamaica, and parts of the Caribbean, and according to the survey, those regions will soon be joined by several other territories. The report explains that work on retail CBDCs is more advanced than wholesale CBDCs. The BIS report reads: Work on retail CBDC is more advanced than on wholesale CBDC: almost a quarter of central banks are piloting a retail CBDC. More than 80% of central banks see potential value in having both a retail CBDC and a fast payment system, mostly because a retail CBDC has specific properties and may offer additional features. The BIS expects that by the end of 2030, 15 retail CBDCs, and nine wholesale CBDCs will be circulated in established and emerging economies. According to the report, 60% of surveyed central banks explained the arrival and rise of stablecoins had accelerated their development of CBDCs. 2022 Crypto-Chaos Leaves Central Banks Divided 2022’s market spiral, however, did not convince all central banks of the necessity of CBDCs. The report find that while 93% of all central banks are exploring CBDCs in some way, an increasing number of those banks expressed with greater conviction that they would not issue a state-backed digital currency soon. The report states: A clear divergence has emerged: compared to last year, some central banks have become more likely to issue a CBDC within the next three years, while others indicated to be less likely to do so. BIS Backs Tokenisation, But Says Crypto is a “Flawed System” The BIS, considered by many as the central bank of central banks, recently released its plan for a global “unified ledger” that would support CBDCs and tokenized assets. According to the organization, tokenization offers a “major leap” in the financial system, calling it “the next logical step.” While it advocated for a centralized approach to the future of the monetary system, it dismissed decentralized cryptocurrencies as a “flawed system.” It said: Crypto and decentralized finance (DeFi) have offered a glimpse of tokenization’s promise, but crypto is a flawed system that cannot take on the mantle of the future of money. Moreover, the BIS argued that “crypto has collapsed”, and the successful use of tokenization relies on the trust provided by central banks. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Dubai has been widely considered as a crypto-friendly destination but that hasn’t stopped local regulators from taking action against companies that are not in compliance.

BitOasis was the crypto exchange to get an operational license in Dubai, which has now been suspended by the local regulator for not meeting key conditions in time.

With the crypto market's meteoric rise, more people are keen to explore cryptocurrencies beyond the typical Bitcoin investment. This burgeoning interest is further piqued by the myriad of projects that have sprung up, each promising unique value propositions and significant ROI. While the sheer volume of altcoins can be daunting to newcomers, this article will explore the seven best crypto to buy now not named Bitcoin. From altcoins specializing in fractionalized NFT investing, play-to-earn gaming rewards, and enhancing DeFi connectivity to revolutionizing rendering processes, these coins offer a diversified investment portfolio for beginners and experienced investors. Best Crypto To Buy Now Not Named Bitcoin Beyond Bitcoin, the crypto market brims with promising altcoins, each representing unique value propositions. Seven standout tokens include InQubeta, pioneering fractionalized NFT investing in AI startups; DigiToads, intertwining play-to-earn gaming with NFTs; Manifold Finance, augmenting DeFi connectivity; Ocean Protocol, democratizing data access; Trust Wallet Token, driving a popular wallet ecosystem; Render, revolutionizing rendering processes; and Litecoin, an enduring alternative to Bitcoin. These diverse tokens offer profitable investment opportunities for every investor's portfolio. InQubeta (QUBE) - Best Altcoin For Fractionalized NFT Investing A game-changing project in the cryptocurrency space, InQubeta has set its sights on changing how we invest in AI startups. With the QUBE token at its core, InQubeta offers an innovative and sophisticated platform for fractionalized investment in AI enterprises. Its groundbreaking approach allows even the smallest investors to have a stake in some of the most promising AI projects in the industry. InQubeta leverages the power of Web3 to bring to life the world's first fractionalized AI NFT crowdfunding platform. The platform turns investment opportunities into Non-Fungible Tokens (NFTs), which can then be fractionalized and distributed to investors. This revolutionary approach to fundraising means that everyone can get a piece of the AI startup action, thereby democratizing investment and engaging a broader community of stakeholders. The QUBE token is an integral part of the InQubeta ecosystem. It is a deflationary token, meaning its supply reduces over time due to a burning mechanism. Thus, 2% of QUBE token sales and 1% of purchases are burned, ensuring scarcity and helping to bolster the token's value over time. The token is vested over 12 weeks. InQubeta has its own custom-built NFT marketplace, which allows AI startups to raise funds and offer reward and equity-based NFTs to their investors. By purchasing QUBE tokens, holders can directly invest in these promising projects, fostering a thriving ecosystem and generating potential returns, with experts anticipating the price of QUBE to rise more than 5x after the presale. DigiToads (TOADS) - Play-to-Earn (P2E) Gaming and Rewards DigiToads operates as a full utility meme coin with a unique play-to-earn (P2E) gaming aspect, setting it apart as one of the best cryptos for beginners looking to delve into the NFT space. The P2E model incorporates a fascinating web3 game where players can collect, nurture, and battle DigiToads, adding an interactive dimension to this cryptocurrency investment. These digital amphibians can be acquired through buying, trading, or winning, making TOADS tokens an integral part of the gaming ecosystem. These tokens purchase various items, including food, potions, and training equipment for the DigiToads, creating an engaging virtual environment for players. This play-to-earn feature extends beyond mere gaming; it provides a pathway for players to earn TOADS tokens, one of the top crypto coins to buy today. The DigiToads game rewards the top 25% of players on the leaderboard with TOADS tokens, creating a competitive environment that incentivizes player performance. Furthermore, 50% of the funds obtained from in-game item sales are allocated to the prize fund for distribution among the top 25% of players. Therefore, the game design caters to a fun and competitive player experience and serves as an avenue for participants to earn cryptocurrency rewards. Considering the high-growth potential of TOADS tokens, they are arguably one of the best cryptos to invest in now. The P2E model is up-and-coming for those wondering what crypto to invest in, as the DigiToads project offers a direct earning potential through gameplay. Moreover, the regular prize pool payouts to top performers in the game underscore the potential returns for skilled and dedicated players. As the popularity of P2E gaming continues to rise, DigiToads is positioned as a leading project in this innovative intersection of gaming and crypto investments. It is one of the most promising presales to buy now that can experience over 450% growth in the near future. Manifold Finance ($FOLD): Enhancing DeFi Connectivity The crypto world undeniably provides opportunities for beginners, especially those keen to dive into DeFi projects. Manifold Finance ($FOLD) is the best crypto for beginners. Born as a middleware product, $FOLD is designed to augment connectivity between DeFi protocols and safeguard users from MEV (Maximal Extractable Value) attacks—a high value feature for anyone venturing into crypto. The functionality to shield users from MEV attacks has been the first offering in the Manifold Finance product line. MEV refers to the profit potential by changing the order of transactions within a block. In this area, miners or validators enjoy the power to choose transactions for inclusion in blocks. Selected as a promising cryptocurrency for beginners, $FOLD—through its product, OpenMEV—provides security against sandwich attacks, a common MEV attack. Sandwich attacks occur when a trader places transactions before and after a victim transaction, capturing the price difference. OpenMEV shields users from such exploitations, returning funds and fees to traders. Utilizing MEV opportunities, OpenMEV employs secure smart contract techniques to scale services like SushiSwap for end-users, an invaluable aspect for beginner cryptocurrency investors seeking the best crypto to invest in. Ocean Protocol (OCEAN) - Best Altcoin For Democratising Access to Data OCEAN, an ERC20 token, is undoubtedly a standout in the crypto space, aiming to democratize access to data. This initiative presents the potential to challenge tech giants such as Google and Facebook, making it one of the best cryptos to invest in now. Ocean Protocol enables data owners to sell their information through the Ocean Market app, providing consumers with previously inaccessible private data. This offers AI practitioners and data scientists advantages, granting access to more data, crypto-secured provenance, and income opportunities. Fulfilling the top crypto to buy criteria, OCEAN's utilization in buying and selling data, governance, and staking makes it a hot contender. The Ocean Protocol was founded in 2017 by Bruce Pon and Trent McConaghy. It aims to democratize data, enhance AI capabilities, and spread the benefits of artificial intelligence. OCEAN has a capped max supply of 1.41 billion tokens. A portion was allocated for community projects and burning a fraction of network revenue—elements worth considering when deciding on the best cryptocurrency to buy today. Trust Wallet Token (TWT) - Top Cryptocurrency Wallet Ecosystem Trust Wallet Token (TWT) should be on the radar for those considering which crypto to buy. The TWT token is the official token of Trust Wallet, a mobile-based cryptocurrency wallet that boasts extensive support for over 250,000 distinct assets across 33 blockchains—an ideal choice for anyone looking to make the best crypto investments. The "Earn" feature in the Trust Wallet allows users to generate passive income simply by pressing a button. Accessibility is central to Trust Wallet's design, with no KYC verification or barriers to trading cryptocurrencies. TWT, a token based on the Binance Smart Chain (BSC), is fast garnering attention, mainly due to the benefits it offers its holders. These include participating in governance activities, voting on crucial decisions for the Trust Wallet app, and receiving discounts for buying cryptocurrencies within the ecosystem—elements seriously worthy of consideration for those figuring out what crypto to invest in. Render (RNDR): Revolutionizing the Rendering Process Render, an innovative platform revolutionizing the rendering process, connects artists and GPU providers. This is achieved through the power of blockchain and cutting-edge technologies. The platform streamlines the creation of high-quality 3D graphics and animations. Artists can access powerful GPUs to render their works at affordable costs, using RNDR tokens to pay for the rendering services. This platform has applications across multiple sectors, including film, gaming, and architecture, making it an exciting prospect for those looking for the best coin to invest in. The RNDR token, based on the Ethereum blockchain, is used as a medium of exchange on the Render network. For those asking, "What crypto should I buy?", RNDR offers an interesting proposition. This is due to its unique proposition, linking providers of GPU power with those who need it, combined with its potential to disrupt the rendering industry. By tokenizing GPU power, Render allows miners to monetize their idle resources, making RNDR one of the top 5 cryptocurrencies for individuals looking to invest in a transformative project. Litecoin (LTC): The Silver to Bitcoin's Gold Litecoin (LTC) has been prominent in cryptocurrency since its inception in 2011. The "silver to Bitcoin's gold" is what makes Litecoin one of the best digital currencies for boosting their portfolio. An open-source project based on the Bitcoin protocol, Litecoin features several significant improvements, such as a faster block generation time and a different hashing algorithm. With its longevity in the crypto market and the backing of an active developer community, Litecoin continues to be an appealing option for investors. Buying LTC offers a robust entry point for those wondering how to get into cryptocurrency. It is widely available on most cryptocurrency exchanges, enjoys high liquidity, and can be used for various applications, including online shopping and forex trading. Given these features, Litecoin is undeniably one of the best cryptocurrencies to buy now. Best Crypto To Buy Now Not Named Bitcoin - Conclusion While Bitcoin remains a dominant force in the space, it's clear that the market is teeming with diverse and promising altcoins that offer unique value propositions. InQubeta, DigiToads, Manifold Finance, Ocean Protocol, Trust Wallet Token, Render, and Litecoin are just a few examples of cryptocurrencies that have carved a niche in this expansive universe. These tokens represent an array of innovative technologies and concepts ranging from play-to-earn gaming, democratizing data access, and enhancing DeFi connectivity to fractionalized NFT investing. Thus, by expanding investment horizons beyond Bitcoin, investors can tap into a range of potentially rewarding opportunities and help to drive forward the next wave of crypto-innovation. Visit InQubeta Presale Join InQubeta Communities Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own holdings of cryptoassets.

Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.