The cryptocurrency market seems ready to start the second phase of the 2024 crypto bull run, according to analysts. Thus, Finbold selected two cryptocurrencies with the potential to turn a $100 investment into $1,000, with a 900% return.

The cryptocurrency market continues to crash as traders and investors wonder when the digital assets will reach the bottom. In such an unpredictable market, players can look for technical indicators that assist in spotting potentially oversold cryptocurrencies to buy.

Nexo, a crypto lending platform known for offering instant crypto-backed loans and high-yield interest accounts, has resumed new user registrations in the United Kingdom after a 10-month hiatus, implementing enhanced user protections to comply with the Financial Conduct Authority (FCA) guidelines.

Nexo resumes UK operations following a ten-month suspension, enhanced by FCA-compliant upgrades. The UK's shifting political landscape and stricter crypto regulations have led several firms to adapt to the market.

Nexo, a leading digital asset service provider, has resumed accepting new client registrations in the United Kingdom starting September 3, 2024, after a 10-month pause in the onboarding process. The move comes after Nexo implemented platform upgrades to comply with the FCA guidelines.

The platform stopped onboarding new clients last year, days before the regulator's new financial promotions rules became effective. It has now introduced the mandatory Investor Categorisation questionnaire and Appropriateness Assessment questionnaire for all users.

Changes include cool-off periods, specialized risk warnings and dedicated support to help UK clients navigate the FCA's guidelines.

Nexo's FCA compliance and UK client onboarding resumption highlight the increasing regulatory scrutiny and adaptation in the crypto industry. The post Nexo resumes onboarding of UK clients with full FCA compliance appeared first on Crypto Briefing.

Nexo, a prominent digital asset institution, has restarted UK client onboarding after a comprehensive overhaul of its platform to meet the rigorous standards set by the Financial Conduct Authority (FCA), the company revealed to Finbold on Tuesday, September 3.

The layer-1 blockchain MultiversX (EGLD) is dominating the crypto gaming sector in terms of development activity, according to the analytics firm Santiment. Santiment notes that MultiversX, formerly known as Elrond, registered 228.73 notable GitHub events in the past 30 days. The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) was second, clocking 195.03 events.

Amid the increased social activity for DePIN projects, the EGLD price action reveals a positive cycle in motion. As the native token of the multiversX, EGLD has shared a similar phase to all the other metaverse tokens in the crypto market.

Cryptocurrency Prices Today (August 30): The broader market witnessed significant price fluxes today, with major coins like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP trading in the red territory. However, altcoins BEAM and MultiversX (EGLD) traded dominantly in the green zone today.

Tokens that power Decentralized Physical Infrastructure Networks (DePIN) are gaining traction, making them assets that investors should watch closely.

As 2024, the year marked by exciting movements in the cryptocurrency sector, slowly moves towards its final quarter, crypto traders and investors are increasingly looking at its potential assets that could deliver a relatively substantial profit.

Story Highlights The live price of the EGLD crypto token is . The Elrond price could go as high as $67.93 by 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.

As the cryptocurrency market recovers after a period of volatility, certain digital assets are emerging as frontrunners, demonstrating both resilience and strong growth potential.

This update gives users an easy entry point to MultiversX, enhancing the speed and security of blockchain technology. MultiversX is a new-age blockchain built to be fast, efficient, and safe.

Enhanced security and seamless access to MultiversX's ecosystem could significantly reduce crypto-phishing losses and boost Web3 adoption. The post MetaMask and MultiversX join forces to bring on-chain 2FA to millions appeared first on Crypto Briefing.

MultiversX, ecosystem of the crypto Elrond, has announced the launch of the "Snaps" feature for integration with the MetaMask wallet.

The MultiversX Snap for MetaMask introduces a new level of security, embedding two-factor authentication directly into the blockchain protocol for enhanced protection.

Fundamental analyses are often overlooked in the cryptocurrency market, primarily focused on short or mid-term trades, mostly following technical analyses. However, investment funds like Cyber Capital focus on long-term value investing through in-depth fundamental analyses of the industry's projects.

Dive into the visionary thoughts of Beniamin Mincu, CEO of MultiversX, as he discusses technological advancements, community engagement, and the future of blockchain in our exclusive GoCrypto interview series.

Nexo, a leading institution in digital asset management, has announced its continued commitment to data security after successfully renewing its SOC Type II audit.

In a promising development for the cryptocurrency sector, Ferrari's announcement to introduce crypto payment options for its European customers is generating significant buzz. Starting end of July, Ferrari will accept cryptocurrency payments for its luxury sports cars, following a similar initiative in the US for merchandise.

Story Highlights The live price of EGLD is . The Elrond price could go as high as $87.93 by the end of 2024. With a potential surge, the EGLD price could reach a high of $252.68 by 2030. The projects based on Defi have undergone a sustained upward move.

MultiversX, formerly known as Elrond, is facing challenges in sustaining recent price gains amidst broader market volatility. The EGLD token price has dropped by 4% in the past 24 hours, highlighting ongoing fluctuations in its valuation despite positive developments in its ecosystem.

Talks of an altcoin season have been put to rest after the total crypto market cap briefly slipped below $2 trillion. The decline resulted from a broader price crash in which many altcoins reached extremely low values that had not appeared in weeks, some months, and others— years.

MultiverseX (EGLD) is the top gaining cryptocurrency among top 100 coins by market in the past 24 hours, with price up 11% after the team announced integration with Safepal. EGLD price rose to $32.

The cryptocurrency market crashed in the last 24 hours, led by Bitcoin (BTC), as fear, uncertainty, and doubt (FUD) dominated. Meanwhile, MultiversX (EGLD) and Monero (XMR) displayed signs of strength, while most other cryptocurrencies showed weakness.

In the fast-paced world of cryptocurrency, time waits for no one as blockchain and crypto projects continue to develop. The second half of 2024 is set to be exciting for crypto enthusiasts and investors, as several innovative projects are expected to reach significant milestones in the coming months.

Binance announces support for MultiversX (EGLD) and Ronin (RON) network upgrades and hard forks, ensuring uninterrupted trading.

Blockchain services provider STORM Partners made a major announcement during the Web3Fest, along with Cardano (ADA), MultiversX, and other major projects in the crypto space. During the event in Switzerland's “Crypto Valley,” the company unveiled “Lightningbox,” a new Web3 Sandbox, and relocated its headquarters from Montreux to Geneva.

Once students complete the course, they'll be eligible for follow-on mentorship, support, and funding.

Existing L2 networks can increase their transaction and smart contract throughput by 100 times by utilizing Sovereign Chains.

In a monumental development that is reshaping the landscape of blockchain gaming, MultiversX has surged ahead of its competitors, establishing itself as the new leader in the industry. This groundbreaking shift comes at a pivotal moment when the gaming world is undergoing unprecedented growth and innovation, with virtual worlds becoming increasingly immersive and decentralized.

Gaming cryptocurrencies became popular in the previous bull market through the innovative play-to-earn model that mixed investing with entertainment. However, most games were quickly developed and launched to join the hype, financially harming gamers and investors due to flaws and unsustainable economics.

After May's backlash over sudden bank fee hikes, Nexo compromises by offering Platinum users free monthly fiat withdrawals.

Nexo, the institution for digital assets, is announcing the integration of The Tie‘s advanced real-time analytics, providing an edge to traders.

Nexo (NEXO), a leading institution for digital assets, has announced the integration of The Tie's advanced real-time analytics, as per the info shared with Finbold on May 28.

Retail investors can now enhance their trading strategies with institutional-grade trading analytics via The Tie integrated straight into Nexo platform.

Nexo, a leading institution for digital assets, has announced the integration of The Tie's advanced real-time analytics into its platform. This move aims to democratize access to institutional-grade trading data, providing retail investors with powerful tools to enhance their trading strategies.

Nexo announced an integration with The Tie to enhance its platform with real-time analytics for its users.

The cryptocurrency exchange landscape is a battlefield of trust. With centralized platforms still reeling from high-profile scandals like FTX and Celsius, any misstep can send user loyalty plummeting.

Nexo stokes customer outrage by raising bank processing fees, putting its user loyalty to the test in the cutthroat crypto exchange battlefield.

Binance has announced its support for the network upgrades and hard forks of cryptocurrencies Chiliz (CHZ) and MultiversX (EGLD).

It is an unusual airdrop that requires collecting points on the platform.

Nexo, a leading cryptocurrency and financial services provider, has unveiled its largest reward campaign to date—a $12 million Token Airdrop—to commemorate its sixth anniversary.