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The Australian Stock Exchange has accepted the first spot Bitcoin ETF, whereas DTX Exchange’s presale has raised over $700K. In the meantime, Polkadot is hovering.
The VanEck Bitcoin ETF (VBTC) has been accepted by the Australian Securities Exchange (ASX), their first spot Bitcoin ETF. This can be a important step for cryptocurrency in Australia. In the meantime, one of many main cryptos proper now, DTX Exchange (DTX), is in Stage 2 of its presale. This crypto has raised over $700K. Polkadot (DOT) can also be making headlines with its worth efficiency.
Bitcoin: First Australian spot ETF
As one of many high crypto cash, Bitcoin (BTC) has lately seen some thrilling developments. Notably, VanEck Australia announced that the ASX accepted its VBTC. This can be a main milestone for crypto adoption on this nation. Though not the first Bitcoin ETF launched in Australia, VBTC is the first ETF accepted by the ASX.
This main Bitcoin information might set off a rally for this crypto, whose worth has elevated almost 150% prior to now 12 months alone. Moreover, BTC is now buying and selling above its 100—and 200-day EMAs whereas having 16 inexperienced technical indicators. Thus, market analysts predict Bitcoin will attain a worth of $70,000 earlier than Q2 of 2024 ends.
DTX Exchange: Presale gaining momentum
Whereas Bitcoin is making noise in Australia, DTX Exchange (DTX) is making noise worldwide. This rising presale sensation has already raised over $700K and is on tempo to hit $1M earlier than June 2024 ends. Furthermore, those that purchased this crypto early on now get pleasure from a 100% ROI wiyhin a brief interval.
What units DTX Exchange aside is its hybrid buying and selling platform, which mixes CEX and DEX options. Thus, customers can commerce greater than 120K asset courses, resembling shares, FX and cryptocurrencies, with as much as 1000x leverage. Consequently, flexibility and high-leverage choices place DTX Exchange among the many high exchanges inside the crypto trade.
On the coronary heart of this platform will lie the DTX token. Holding DTX tokens gives a number of advantages, together with decrease buying and selling charges and governance voting rights. As well as, those that personal $100 of DTX throughout its presale will enter a $1M giveaway, with ten fortunate winners every successful $100K.
Presently, DTX is in Stage 2 of its presale with a worth of $0.04 – a 100% rise from its beginning worth of $0.02. This worth is predicted to rise to $0.06 as soon as Stage 3 begins. Merchants who purchase it now will get a 50% ROI. Given all these elements, market analysts predict a 50x surge for DTX as soon as a Tier-1 CEX lists it in Q3 of 2024. In consequence, DTX has grow to be one of many high crypto investments.
Main analyst maintains bullish stance on Polkadot
Polkadot (DOT) is one other cryptocurrency using a bullish wave. CoinMarketCap data reveals that the Polkadot worth surged almost 40% on the YTD chart. Analyst Michaël van de Poppe claims that DOT has reached an important help space and is prepared for accumulation. In his X post, Poppe states that Polkadot will probably be an incredible mover within the coming years.
The technical evaluation of the Polkadot crypto helps this assertion. For instance, there are actually six technical indicators within the purchase zone whereas DOT trades above its 200-day EMA. Due to this, consultants within the crypto area have a brand new Polkadot worth prediction – reaching $9 earlier than Q2 of 2024 ends.
Bitcoin vs. DTX Exchange vs. Polkadot – which one stands out?
Whereas Bitcoin, DTX Exchange and Polkadot are the highest crypto cash to observe proper now, certainly one of them stands out: DTX Exchange. This rookie has a decrease market cap whereas additionally tapping into the $1.4T FX market. In different phrases, DTX is anticipated to expertise important development whereas sustaining stability in unstable markets, positioning it as a robust funding selection at the moment.
For extra info, visit the DTX presale website, learn the project whitepaper, or be part of the Telegram community.
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