The New York Department of Finance Services (DFS) has removed popular digital tokens from the approved greenlist. One of them is Dogecoin (DOGE) and this has worried investors.
Analysts also project that Ethereum (ETH) could surge above $2,300 by the end of Q4 2023 and provide significant gains. However, Tradecurve Markets (TCRV) has gained the most significant attention. With the launch of its recent demo platform, over 18,000 users signed up, and today, we will explore why.
The DFS has tightened the regulatory grip on cryptocurrencies. It's part of the ongoing VOLT initiative to strengthen oversight in the digital asset sector. However, Dogecoin (DOGE) was removed from the green list. Now, analysts are worried that this could impact how businesses operate in New York and how the future of the Dogecoin crypto will be affected.
However, Dogecoin is up 10.2% on the annual chart. In addition, it has fallen under the 200-day average. This could signify that Dogecoin is prepared to continue its value growth. During the past week, the crypto had its low point at $0.060621, with its high point at $0.062816. At this rate, according to the Dogecoin price prediction, analysts project that it will climb to $0.098 by the end of 2023.
The Ethereum (ETH) crypto is trading at $1,647.49 and has risen by 25.6% in the past year. During the last week alone, the Ethereum price increased by 2.4%. During the previous week, Ethereum stood between $1,583.50 and $1,665.65. This signifies that it broke past the $1,640 price barrier and could soon spike above $2,000.
Now, the $1,700 supply zone appears to be a tough barrier for the crypto over time. The Ethereum price has sealed below this level since the middle of August. Support from the wider market could be required to break past this barrier.
However, a drop below the ascending trendline at $1,620 would suggest the inability of buyers to sustain these heights. According to the Ethereum price prediction, it can surge to $2,335.71 by the end of the year.
Tradecurve Markets (TCRV) will disrupt the industry and include features that will enable users to access many markets. Everything will be available, from trading stocks, forex, commodities, and CFDs to cryptocurrencies.
This upcoming hybrid exchange will achieve this by removing all barriers to entry. As a result, it will boost anonymity and provide easy liquidity of assets and the fast execution of transactions.
Recently, Tradecuve Markets launched its demo platform, allowing users to test the platform and its feature set. Anyone can access high leverage starting at 500:1, protection against negative balance, and a VIP account system. However, the platform also implements AI-driven trading bots that will automate trading.
During the presale period, the TCRV token trades at $0.025 and has raised $5.8 million. Over 18,000 users have already signed up to use the exchange. This high adoption rate signifies that the platform is getting significant attention. According to analysts, the token can surge by 35x at launch.
Website: https://tradecurvemarkets.com/
Buy presale: https://app.tradecurvemarkets.com/sign-up
Twitter: https://twitter.com/Tradecurveapp
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