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June 14, 2024 Technium International Limited is proud to announce a series of innovative initiatives aimed at expanding cryptocurrency adoption and solidifying its global presence. As a pioneering organization in the field of cryptocurrency trading and technology, Technium is committed to making digital finance more accessible and beneficial for users worldwide.

Innovative NFT Utilization and Community Engagement

One of the key initiatives focuses on expanding the utility of NFTs within the Technium ecosystem. Future plans for Techniums NFTs include providing holders with access to various incentives such as financial benefits from a global rewards revenue-sharing LP pool, use as characters in Techniums metaverse and gameverse, and first access to new products and exclusive events. These features not only enhance the value of the NFTs but also foster community engagement and mutual growth, aligning with Techniums vision of a participatory and inclusive digital economy.

Advancing Trading with Technium Sentinel Strike (TSS)

Techniums cutting-edge TECHNIUM SENTINEL STRIKE (TSS) system is revolutionizing how users engage with cryptocurrency trading. TSS is designed to identify and capitalize on profitable token opportunities by scanning liquidity markets and evaluating token viability through comprehensive data analysis. The system uses advanced AI algorithms to dynamically adapt trading strategies, ensuring optimal decisions and minimizing risk in volatile markets. This approach makes cryptocurrency trading accessible and profitable for both experienced traders and beginners.

Building a Robust Blockchain Ecosystem

Techniums ecosystem, built on the Technium Matrix Protocol, integrates advanced blockchain technology to enhance global connectivity and financial empowerment. The protocol supports a variety of innovative platforms, including a game-fi system that merges entertainment with educational insights into NFTs, and a real-world asset (RWA) trading platform that simplifies traditional investment processes. These initiatives aim to democratize access to digital assets and make blockchain technology transformative and accessible to everyone.

Promoting Financial Inclusion through Strategic Partnerships

Technium is forging strategic partnerships with local businesses and financial institutions across emerging markets. These partnerships are designed to integrate cryptocurrency into everyday transactions, making it easier for individuals in regions with limited access to traditional financial services to participate in the digital economy. By collaborating with key stakeholders, Technium is building a supportive ecosystem that encourages broader cryptocurrency adoption and drives financial inclusion.

Future-Focused Technological Innovation

As part of its commitment to continuous innovation, Technium is investing in the development of Technium GPT, an interactive AI-driven trading assistant that uses big data and machine learning to provide immediate cryptocurrency trading insights. This tool will empower users with the information they need to make informed trading decisions, further enhancing the accessibility and usability of Techniums platform.

Expanding Access and Empowering Users Globally

Techniums global expansion initiatives are designed to empower users by providing them with the tools and resources they need to engage with digital finance confidently. From innovative NFT applications to cutting-edge AI trading solutions, Technium is at the forefront of making cryptocurrency more accessible and beneficial for everyone.

About Technium International Limited

Founded in 2018 and registered in Seychelles, Technium International Limited is a leading organization in cryptocurrency trading and technology. Techniums mission is to bridge the gap between crypto trading and the general public, making blockchain technology and digital finance accessible and transformative for individuals around the world.

For other information or updates , refer to Technium.Tech as well as their social media links below:

X: https://x.com/Technium_

IG: https://www.instagram.com/techium_ltd?igsh=MXNmdmwycTF3OWgxbQ==

Fb: https://www.facebook.com/profile.php?id=61560061893972

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Technium Strengthens Global Footprint with New Initiatives in Cryptocurrency Adoption - Live Bitcoin News

The cryptocurrency market is constantly evolving, and every now and then, a new contender emerges with the potential to deliver substantial returns. But with great potential comes great risk, and the market is rife with speculation, hype, and misinformation.

In this article, were diving deep into projects like EarthMeta, labeled as the best crypto of 2024 by specialists and cryptos media. Were cutting through the noise, sharing ou findings and giving you insightsstraightforward, objective, and grounded in reality. Stay safe and stay informed as we uncover what could be the most explosive investment opportunity of the year.

For a cryptocurrency token to experience significant growth, it requires first to be cheap, and to get a substantial influx of capital and liquidity (momentum). This means that a large amount of money needs to be invested in the token, and there needs to be enough liquidity for people to buy and sell the coin without causing major price fluctuations. If you aim to achieve a 100x return during a bull run, its generally advisable to look beyond the top 100 tokens listed on CoinMarketCap. This is because tokens below the top 100 often have more room for growth and can provide higher returns if they gain popularity and adoption.

To identify the next big coin that could explode in 2024 and therefore the best presale crypto of 2024, several key factors need to be considered. These factors include the sector in which the project operates, current trends, the projects viability and reliability, and the strength of its community.

The first project we are considering this year is EarthMeta which is under a penny for the moment. This project operates within the Metaverse and Artificial Intelligence (AI) sectors, which are two of the most discussed and rapidly evolving areas in the tech world today. The Metaverse refers to a virtual reality space where users can interact with a computer-generated environment and other users. AI, on the other hand, involves the simulation of human intelligence in machines. By focusing on these trendy and cutting-edge fields, EarthMeta is well-positioned to attract significant attention, making it a strong candidate to be the next trendy crypto during the next 2025 bull run.

When evaluating a projects viability and reliability, it is essential to consider the teams experience and track record. For instance, EarthMeta is considered reliable due to its strong and experienced team, which has demonstrated the ability to execute its vision and deliver results. Another project worth noting is Telcoin, which has already established itself in the market and proven its reliability over time. Telcoin focuses on providing fast and affordable remittance services using blockchain technology, making it a practical solution with real-world applications.

Also, meme coins often start as jokes or internet memes, but they can develop into serious investment opportunities if they gain a strong and active community. The economic basis of a meme coin depends on what it promises to deliver and its actual performance. A strong community can drive demand and increase the tokens value, making it essential to evaluate the level of community engagement and support.

>>> The Next Must-Watch Cryptocurrency <<<

Cheelee ($LEE) GameFi short video platform rewarding users for viewing and creating content.

EarthMeta is a project with the potential to deliver.

Thinking on the early days of Bitcoin (BTC) and Ethereum (ETH), we can see how investors who took risks now enjoy substantial rewards. EarthMeta presents a similar opportunity by operating a metaverse. A sector at the forefront of technological innovation and investment.

The significance of the Metaverse and AI cannot be overstated. These areas are generating extensive interest, and experts predict they will continue to grow. The metaverse, a virtual reality space where users can interact, is creating new avenues for social interaction, work, and entertainment. AI is transforming industries with its ability to process and analyze vast amounts of data, making decisions faster and more accurately than humans. EarthMeta is well-positioned within this context, leveraging advancements in these fields to create a unique offering.

The projects strong fundamentals include a dedicated team, a clear and ambitious long-term roadmap, and solid tokenomics, all of which contribute to its potential for significant growth. The team behind EarthMeta has a proven track record of success in tech and finance, ensuring that the project is in capable hands. The long-term roadmap outlines a series of strategic milestones that aim to expand the projects capabilities and reach, while the tokenomics ensure a sustainable economic model. By combining these elements, EarthMeta could become the Bitcoin of this year, offering substantial returns for early investors.

>>> Learn more about EarthMeta.AI <<<

Potential for Growth: EarthMeta leverages the latest advancements in the metaverse and AI to create unique offerings. The projects strong fundamentals, combined with its innovative approach, make it a compelling investment opportunity. The benefits that you can get from now (during their presale) can get you in the best spot for the bull run .

Folki is another cryptocurrency booming that deserves attention due to its unique positioning at the intersection of the meme coin universe and the metaverse. Meme coins often gain popularity through viral marketing and strong community support. Folki, however, goes a step further by integrating with the metaverse, providing additional use cases beyond its meme origins.

The metaverse is rapidly becoming a significant area of development in the digital world, offering new ways for people to interact, work, and play. Folkis integration into this space means it can tap into the growing interest and investment in the metaverse, potentially driving its value up significantly. The combination of meme culture and metaverse utility makes Folki a unique and promising contender in the cryptocurrency market. The project aims to create a virtual world where users can engage in various activities, from gaming to socializing, all while using Folki tokens for transactions. This dual appealboth as a meme coin and a utility token within the metaversepositions Folki as an altcoin to buy poised for substantial growth.

Potential for Growth: Folkis integration into the metaverse and its robust community support make it a unique and promising contender in the cryptocurrency market. Its ability to tap into growing interest and investment in the metaverse could drive its value up significantly .

Telcoin has carved out a niche by focusing on providing decentralized finance (DeFi) solutions through mobile phones, particularly in emerging markets like Asia. It is primarily used for micropayments, which are crucial in low-income countries where traditional banking services are limited. Telcoin leverages the widespread use of mobile phones to facilitate financial transactions, making it an essential tool for economic empowerment in these regions.

Telcoin has already demonstrated its potential by achieving a 500x return in the past. Despite the recent bear market, Telcoin has shown resilience and continued to perform well. Its practical use case and proven track record suggest it could achieve significant growth again. The focus on providing real-world solutions in underserved markets positions Telcoin as a strong candidate for another 100x return, especially as it continues to expand its reach and improve its services. Telcoins platform allows users to send money quickly and affordably, bypassing traditional banking infrastructure and reducing transaction costs. This makes it particularly valuable in regions where access to financial services is limited.

Potential for Growth: Telcoins resilience and continued performance during market downturns suggest it could achieve significant growth again. Its practical use case and expansion in emerging markets make it a strong candidate for another 100x return .

Toncoin, often referred to as Telegram money, is another cryptocurrency with significant potential. Telegram, a widely used messaging platform, has introduced paid advertising within its application, using Toncoin as the medium for transactions. This move is reminiscent of Googles introduction of Google Ads, which led to phenomenal growth for the company.

Telegrams advertising platform allows users to create ads that are broadcast on various channels, targeting users when they are most interested in the products or services being offered. This integration of advertising and cryptocurrency provides a powerful use case for Toncoin. As Telegram continues to expand its features and possibly introduce new services like a marketplace, the demand for Toncoin is likely to increase. This could drive substantial growth, making it a promising candidate for significant returns. Toncoin facilitates seamless transactions within the Telegram ecosystem, providing users with a quick and easy way to pay for services, access premium content, and support creators. The potential for widespread adoption of Toncoin within Telegrams large user base underscores its growth prospects.

Key features:

Potential for Growth: The integration of advertising and cryptocurrency within Telegram provides a powerful use case for Toncoin. As Telegram expands its features, the demand for Toncoin is likely to grow.

Lido is a prominent player in the staking ecosystem, providing real staking solutions for digital assets. It is definitely the big thing. Staking is a process where cryptocurrency holders can earn rewards by participating in the networks consensus mechanism. Lido simplifies this process, making it accessible to a broader audience and allowing more people to benefit from staking.

The staking market is huge and growing rapidly, as more investors seek to earn passive income from their digital assets. Lidos role in this market, combined with its robust infrastructure and user-friendly platform, positions it well for significant growth. As the demand for staking solutions increases, Lido could see substantial returns, potentially achieving a 100x increase in value. Lidos platform supports staking for various cryptocurrencies, offering users a diversified portfolio of staking opportunities. Its ability to attract and manage immense capital through staking services makes it a compelling investment opportunity. By providing a reliable and efficient way for users to earn rewards, Lido is positioned to become a leading player in the staking industry

Potential for Growth: As more investors seek to earn passive income from their digital assets, Lidos role in the staking market becomes increasingly important. Its ability to manage significant capital through staking services positions it for substantial returns .

Lee Token is the token of Cheelee. A GameFi short video platform where users can earn money by viewing and creating content, regardless of their number of subscribers. On average, users spend 2.5 hours each day on social networks without receiving any tangible rewards.

Cheelee envisions an app used globally for entertainment, development, and earnings. Working within the Attention Economy framework. By integrating GameFi mechanics into its short video platform, allowing users to earn money by viewing and creating content. This gamified approach taps into the rapidly growing GameFi sector, which is attracting substantial investor interest and user engagement.

Cheelees dual-token system (CHEEL and LEE) is designed to support the platforms economy and reward users. With a limited issuance cap and progressive mining difficulty, LEEs value is poised to increase as more tokens are mined. The robust tokenomics ensure long-term sustainability and value appreciation. The team behind Cheelee has a proven track record in tech and finance, ensuring that the project is in capable hands. Their expertise in developing and scaling innovative platforms provides confidence in Cheelees ability to execute its vision and achieve substantial growth.

By joining Cheelee, users can start earning immediately without initial investment, integrate seamlessly into their existing social media usage, and benefit from developed mechanics ensuring altcoin value stability.

Cheelees ambassador and active user programs incentivize engagement and reward users with Digital Glasses, further driving platform adoption and retention. This community-driven approach fosters a loyal user base that contributes to the platforms success.

Projects like Cheelee, which offer unique value propositions and innovative solutions, are well-positioned to capitalize on this bullrun and deliver exceptional returns

The actual cryptocurrency market presents a multitude of opportunities for discerning investors. Do you want any advice ? By focusing on emerging technologies like EarthMeta, evaluating project fundamentals, diversifying investments, and staying attuned to market trends, you can position yourself to capitalize on the next big thing. Remember, while the potential for high returns is alluring, its essential to approach cryptocurrency investment with a well-researched and balanced strategy.

Investing in cryptocurrencies can be highly rewarding but also involves a fair amount of risk. As the digital asset market continues to mature, identifying the next big cryptocurrency to explode requires a blend of strategic insight, market knowledge, and a bit of foresight. The year 2024 is expected to bring new opportunities for investors who are prepared to navigate this dynamic landscape.

One key factor in cryptocurrency investment is market timing. Bull runs, periods when the market experiences rapid price increases, offer the best opportunities for significant returns. However, these periods can be unpredictable, and recognizing the early signs of a bull market can be challenging. Staying informed about market trends and global economic factors that influence cryptocurrency prices is essential for making timely investment decisions.

Diversifying your portfolio is another essential strategy. Rather than putting all your resources into one project, spreading investments across various promising cryptocurrencies can mitigate risks and enhance potential returns. For example (and this is just an exemple) you can put 35% on Coin A, 25% on Coin B, 15% on Coin C, 15% on Coin D, and 10% on Coin E, or put 20% on each project. This approach not only reduces exposure to any single assets volatility but also allows investors to benefit from the growth of multiple projects.

Also, the cryptocurrency market is driven by innovation You heard for sure about these new technologies coming : like the Metaverse, Artificial Intelligence, and decentralized finance are not just buzzwords; they represent the future of digital interactions and financial systems. Projects that successfully integrate these technologies are likely to attract significant attention and investment and therefore, can be the next altcoin to get a huge reward !.

Dont forget that a projects success is often determined by its fundamentalsteam experience, technological innovation, and a clear, ambitious roadmap. You should look for projects with a strong foundation and the ability to execute their vision. Solid tokenomics, which refers to the economic model governing the tokens distribution and utility, is also important for long-term sustainability.

Do Your Own Research (DYOR) is a cornerstone principle in the world of cryptocurrency investing, emphasizing the importance of personal diligence and independent analysis. Given the volatility and speculative nature of the cryptocurrency market, DYOR is not just recommended but essential for anyone looking to invest. Here, we will delve deeper into the various aspects of DYOR and provide comprehensive guidance on how to execute it effectively.

Price History: Analyze historical price charts to understand past performance, volatility, and potential support and resistance levels.

The size and potential of a cryptocurrency can be determined by examining various metrics:

A low circulating supply relative to the total supply can indicate potential inflation if many new tokens are released into the market.

Projects with high adoption rates and real-world usage are generally more stable and have a larger market cap.

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The Next Big Cryptocurrency to Explode in 2024 [x100 Bull Run] - - Disrupt Africa

As we navigate the labyrinth of digital finance, its essential to keep our fingers on the pulse of current trends and updates. Lets dissect a recent development before diving into its implications and potential courses of action.

The cryptocurrency space witnessed a fascinating episode recently, as Bitcoin price proudly roosted on the $68,000 perch, completely outstripping the 10-year breakeven rate of inflation. While the traditional markets continued their woeful watch, the crypto market, with its beak held high, seemed largely unaffected by the inflation woes.

While their traditional counterparts grappled with the hike in the US Producers Price Index (PPI), cryptocurrencies calmly reveled in their meteoric rise. The juxtaposition couldnt have been starker; the digital realm echoed with the victorious crow of cryptocurrency while the earthbound financial sectors bleated under inflationary pressure.

Naturally, the bull run of Bitcoin and other cryptocurrencies stirred the financial experts and market analysts, provoking a volley of predictions. However, as always, the cryptographic financial technology appeared to elude concrete analysis or precise prophesying.

This soothsaying of market trends is a particularly precarious endeavor in decentralized finance, given the infamous volatility of cryptocurrency markets. Hence, its never an easy task to predict where the wind will blow next.

The predictions regarding the Bitcoin price soaring to $100,000 varied in their tone and content. Some approached it with wary cynicism, outlining the dangers of a potential crash following the bull run, while others pronounced it a plausible eventuality. However, the majority maintained a judicious silence, recalling the wisdom of the old adage: the market is unpredictable.

Going forward, its crucial to remember that cryptocurrencies, despite their recent triumphs, are not immune to market dynamics. The soaring Bitcoin prices might evoke an exhilarating sense of victory, but delight must always be leavened with diligence and caution in the volatile world of cryptocurrencies.

To successfully navigate the choppy waters of digital finance, we need informed choices, grounded in quality analysis and educated intuition. This is why its crucial for those involved or interested in cryptocurrency to familiarize themselves with the latest developments. Having a grasp on current market trends can help us prepare for potential storms and, with some luck and skill, even turn the tides in our favor.

Adopting an incessant learning approach can assist us in understanding the complex nature of cryptocurrencies and, by extension, making more informed decisions about our investments. Remember, in the world of cryptocurrency, knowledge truly is power.

The recent development is yet another reminder of how unpredictable, yet potentially rewarding, the crypto market can be. But as we watch Bitcoin perch proudly on its high branch, lets remember to keep our feet firmly on the ground, gather as much knowledge as we can, and always proceed with caution.

Theres no denying that the cryptocurrency market is full of twists and turns. However, with a solid grip on the reins of knowledge, we can navigate its vibrant ecosystem with confidence and toughness. The key to thriving in this volatile environment is staying informed about the latest trends, forming strategies based on this information, and staying flexible in the face of sudden shifts.

This is the fascinating world of cryptocurrency: a space where vigilance, education, and caution can help us not just survive, but thrive. Lets remember to enjoy the journey but never lose sight of the path because with every step and stumble, we learn, evolve, and get one step closer to understanding this intricate universe of cryptocurrencies. So, keep reading, keep learning, and keep navigating. See you out there.

Jake Morrison is an insightful cryptocurrency journalist and analyst, renowned for his deep understanding of the volatile and fascinating world of digital currencies. At 30 years old, Jake combines a background in Computer Science, with a degree from a reputable tech college, and a passion for decentralized finance, making him a prominent figure in the crypto journalism landscape.

Starting his career as a software developer with a focus on blockchain technologies, Jake quickly realized that his true calling lay in educating others about the potential and pitfalls of cryptocurrencies. Transitioning to journalism, he now serves as a leading voice for a major online financial news platform, specializing in the crypto category.

Jakes articles are a blend of technical analysis, market predictions, and feature stories on the latest in blockchain innovation. He has a talent for breaking down complex crypto concepts into understandable terms, making his writing accessible to both seasoned traders and crypto novices alike. His coverage spans a wide range, from Bitcoin and Ethereum to lesser-known altcoins, as well as the evolving regulatory landscape surrounding digital currencies.

What sets Jake apart is his critical approach to the hype that often surrounds the crypto space. He emphasizes the importance of due diligence and risk management, providing his readers with the tools they need to navigate the market intelligently. His investigative pieces on crypto scams and security breaches have been instrumental in raising awareness about the importance of security in digital asset investments.

Beyond his writing, Jake is an active participant in crypto conferences and online forums, where he shares his expertise and engages with the community. He also hosts a popular podcast that delves into the latest crypto trends, featuring interviews with leading figures in the blockchain space.

Jakes commitment to transparency and education in the cryptocurrency world has made him a trusted source of information and analysis. Through his work, he aims to foster a more informed and cautious approach to cryptocurrency investment, contributing to the maturity of the space.

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Navigating the volatile rise of Bitcoin: a deep dive into current cryptocurrency trends - The National - The National

In the dynamic domain of digital currency, meme coins are stirring up excitement. Creating waves in the financial sphere, these peculiarly named digital assets are carving out a unique space in the ever-evolving cryptocurrency market, offering high-risk, high-reward investment opportunities. Five standout coins, namely Play Doge, Sealana, Wiener AI, Base Dawgz, and Dogwifhat, are drawing the most attention.

Play Doge, the new kid on the block, artfully marries 90s nostalgia with 21st-century innovation. It allows users to nurture a digital pet, akin to the iconic Tamagotchi, while earning tokens, dubbed $PLAY, through various gaming activities. Thus, it punctuates the burgeoning world of cryptocurrency with a vivid gaming aspect, presenting itself as an attractive venture for both gamers and cryptocurrency advocates. The play-to-earn mechanism of this initiative lets players generate $PLAY tokens by taking care of their virtual pets, which involves feeding, entertaining, resting, and coaching them. Better overall care translates directly into more tokens. Project supporters have a lucrative option to stake their $PLAY tokens early, currently boasting an annual percentage yield of 200%.

In less than a day, Play Doge will reach the next presale level and experience a price hike. If the quick accumulation of more than $4.5 million already raised in the presale is any indication, this venture is gaining traction among the investor community and is worth consideration.

Meanwhile, Sealana is drawing attention for its speed and efficiency, having raised over $4 million in its presale. Constructed on the Solana blockchain, it takes advantage of low transaction costs and impressive speeds. Its distinct South Park-inspired mascot sets it apart amidst the meme coin frenzy.

The presale price for Sealana, set at $0.022 per token, provides an accessible entry for early investors. Being a part of Solanas booming meme coin ecosystem, Sealana is teeming with potential, projected to reach a market capitalization of $100 million. With the tokens launch scheduled for June 25 and a subsequent price hike projected, now might be the perfect time to invest.

Shifting gears to Wiener AI it is making a mark by incorporating artificial intelligence into the meme coin realm. This pioneering approach has intrigued investors, as reflected in its prosperous presale. Wiener AI, with its AI-powered trading bot, promises to enhance trade predictability while simultaneously protecting against frontrunning.

During its presale phase, Wiener AI has generated a whopping $5.9 million, earning nods from notable YouTubers like Michael Wrubel, who has touted $WAIs as a top AI meme crypto for 2024. With tokens priced at $0.000717 each, and with another price surge expected soon, this could be a strategic time to participate.

Another intriguing meme coin is Base Dawgz, which strategizes to function across multiple blockchain platforms. Centered around a dog theme, Base Dawgz introduces a share-to-earn model, which allows users to earn tokens through project promotion on social media.

The Base Dawgz initiative gives the community an active role, with members earning points by creating and sharing project-related content. These points can then be converted into $DAWGZ tokens. By leveraging community involvement to stimulate growth, this novel approach fosters a sense of community ownership, which could potentially drive the projects future success.

The upcoming launch of Dogwifhat rounds off this top five list of meme coins. Its clout, anchored in the strength of its community support, has driven an impressive surge in its value. Dogwifhat pays homage to dog-themed meme coins and seeks to utilize this adoration to propel forward, leaving an indelible imprint with meaningful community engagement.

Surely, these meme coins, as curious as they sound, offer investors unique opportunities and variations in the challenging yet rewarding sphere of digital currencies. Their distinct features and strong community backing make them shining contenders in the current meme coin wave and assign an element of playfulness to an otherwise serious investment terrain.

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Meme Coins Like Play Doge and Sealana Sizzle in Cryptocurrency Sphere, Offering Unique High-Reward Opportunities - West Island Blog

Americas largest bank says the state of the cryptocurrency market may not be sustainable.

This year has seen crypto net inflows of $12 billion thus far a figure that could jump to $26 billion by years end assuming flows continue apace a trend driven by demand for spot bitcoin exchange-traded funds (ETFs), JPMorgan Chase analyst Nikolaos Panigirtzoglou wrote in a note cited in a Sunday (June 16) report by Seeking Alpha.

While this number is impressive, Panigirtzoglou wrote it might not be entirely made up of new funds coming into the crypto space.

We believe there has likely been a significant rotation away from digital wallets on exchanges to the new spot bitcoin ETFs, he explained.

This movement is noticeable, he noted, as bitcoin reserves on exchanges have dropped by 220,000 BTC, or $13 billion, since the Securities and Exchange Commission (SEC) approved bitcoins ETFs in January.

This implies that the majority of the $16 billion inflows into spot bitcoin ETFs since launch likely reflects a rotation from existing digital wallets on exchanges.

Panigirtzoglou attributed the rotation to the cost effectiveness, deeper liquidity, regulatory protection and convenience of the ETF wrapper that has become market participants preferred choice of instrument for bitcoin exposure for both existing and new crypto investors.

All told, the analyst has doubts that crypto inflows will continue at the same pace for the remainder of 2024, considering how high the price of bitcoin is relative to the cost to produce one or when compared to gold.

This isnt the first time this year that the banking giant has expressed its doubts about bitcoin ETFs, writing soon after the SECs ETF approval that the funds would draw money for existing crypto products but not attract new capital.

We are skeptical of the optimism shared by many market participants at the moment that a lot of fresh capital will enter the crypto space as a result of the spot bitcoin ETF approval, the banks analysts wrote in January.

Last month saw reports that venture capital investment in crypto companies had begun increasing after cooling for two years, climbing to $2.4 billion in the first quarter of 2024.

The crypto industry is still in its early stages, and there is a lot of room for growth and innovation, PitchBook senior analyst Robert Le wrote in a report quoted by Reuters.

Barring any major market downturns, we expect the volume and pace of investments to continue increasing throughout the year, he added.

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JPMorgan Doubts Crypto Inflows Will Remain as Robust - PYMNTS.com