Press Releases

$1B BlackRock Spot Bitcoin BTC ETF Inflows Sparks Bullish Leg For Cardano & IntelMarkets; BNB Price Lags Behind

BlackRock Spot Bitcoin ETF made massive waves in the crypto market soon after Donald Trump won the 2024 US presidential elections.

Bloomberg reported that around $1 billion worth of BlackRock’s BTC ETF changed hands within minutes of the results. This made the entire market bullish and projects like Cardano (ADA) and IntelMarkets (INTL) also shot up.

IntelMarkets (INTL) is a newly launched project that has raised over $2 million within the initial days and is expected to grow 50x soon. Meanwhile, BNB price is caught up in another controversy.

Cardano (ADA) Gains From Trump’s Association

Cardano (ADA) has been rising for the past few days. The market value of Cardano (ADA) has increased by 80% in the past week. Cardano (ADA) is trading at $0.59, a 7-month high.

Besides the BlackRock BTC ETF milestone, Cardano (ADA) has benefited from the recent reports linking Charles Hoskinson with Donald Trump. The Cardano (ADA) founder could play a vital role in shaping the Trump administration’s approach toward the crypto industry.

Whether reports are true or just rumors, experts believe Cardano (ADA) could continue its positive momentum.

Binance (BNB) Faces Lawsuit From FTX

While most cryptocurrencies are enjoying a bull run, Binance (BNB) is facing issues hurting its market standing. Recently, FTX filed a lawsuit against Binance (BNB) and its ec-CEO, Changpeng Zhao, and sued them for $1.8 billion.

As per the lawsuit, Binance (BNB) and Zhao fraudulently transferred the funds to the leading cryptocurrency exchanges. Analysts believe the lawsuit will escalate the existing tensions between FTX and Binance, potentially hurting BTC.

Soon after the litigation news, Binance (BNB) has dropped by more than 2%. At present, the BNB price is $620.05.

IntelMarkets (INTL) Presale Growth Goes Ballistic

IntelMarkets (INTL) is a new AI-powered blockchain platform set to disrupt the crypto exchange industry. As per a market report, the global cryptocurrency exchange platform market size is expected to grow at a CAGR of 30.08% from 2021 to 2030. IntelMarkets (INTL) enters the market with unique features to capitalize on this growth opportunity.

The platform does not require KYC for traders, and offers a 1000x leverage on their capital. This helps traders access the maximum amount of capital to tap a large growth opportunity. AI-based cost averaging and advanced arbitrage further maximize users’ profits.

But IntelMarkets’ (INTL) most significant tool is its trading robot, which can analyze over 350,000 data points in real-time. By monitoring 10,000 platforms, these robots suggest top-notch trading strategies that align with your investment goals.

IntelMarkets (INTL) is a dual-functionality exchange running on Ethereum and Solana blockchain. It offers users flexibility in choosing their preferred blockchain based on their strategies and specific requirements.

The platform’s leaderboard feature makes crypto trading interesting. It will highlight the top traders with “exceptional volume and profitability.” The top performers will also get rewards in the form of reduced trading fees and other perks.

INTL will be the native crypto on the platform, with several benefits. Having an INTL token will help you avail up to 30% discounts on trading fees on the platform. Besides, the token holders will also get governance rights.

The presale of IntelMarkets is live, and INTL tokens are selling out fast. The presale round is in its fifth stage, and the token’s value has surged by 400%. Currently, you can lock an IntelMarkets (INTL) token for $0.045, which will surge to $0.054 in the next stage. The project is predicted to soar by over 1500% during the presale.

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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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