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Cardano Ecosystem

Techbullion

03/08/2024

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Pushd (PUSHD) Presale Success: Cardano (ADA) and Bitcoin (BTC) Bulls Embrace the E-commerce Evolution

While the crypto market keeps growing, more innovations are built, and projects like Pushd (PUSHD) come to have a say in defining the new standards within the industry. “Following the major developments taking place in the cryptocurrencies space, new funds entering the cryptocurrencies ecosystem and Bitcoin (BTC) trading volumes witnessing new highs, Pushd (PUSHD) is […]

Pushd (PUSHD) Presale Success: Cardano (ADA) and Bitcoin (BTC) Bulls Embrace the E-commerce Evolution

While the crypto market keeps growing, more innovations are built, and projects like Pushd (PUSHD) come to have a say in defining the new standards within the industry. “Following the major developments taking place in the cryptocurrencies space, new funds entering the cryptocurrencies ecosystem and Bitcoin (BTC) trading volumes witnessing new highs, Pushd (PUSHD) is all set to launch its stage five presale with a revolution in e-commerce.

With the goal of being decentralized, transparent and efficient, Pushd (PUSHD) has set out to challenge traditional e-commerce models and give their investors a chance to partake in the future of online transactions. Here is an in-depth look at the success of Pushd (PUSHD) amid the embrace of Cardano (ADA) and Bitcoin (BTC) bulls.

Cardano (ADA) Staking Mechanism Questioned Amidst Grayscale’s Dynamic Income Fund Launch

Grayscale has just introduced its new Dynamic Income Fund (GDIF), reportedly receiving broad talks around the cryptocurrency space, mostly on news that it doesn’t want to put Cardano (ADA) into its basket at inception. Notably, it was a dissatisfaction on the part of Charles Hoskinson that Cardano (ADA) had not been listed on the GDIF, further reinforcing the critical need for Cardano’s (ADA) staking mechanism as a product within the ecosystem.

Although definitely part of the Grayscale Trust fund looking to tap the trend of crypto staking, its initial roster of assets will not feature Cardano (ADA) after having shown interest in Cardano (ADA) for other funds. The difference aims at the importance of Cardano’s proof-of-stake consensus mechanism and further adoption in the investment space.

Bitcoin (BTC) ETFs Trading Volume Surges as Market Spikes

Spot-based trading volumes for US Bitcoin (BTC) exchange-traded funds (ETF) reached $10 billion on Friday, the highest ever, with Bitcoin (BTC) vaulting to a fresh all-time peak of over $66,004. Despite the milestone, Bitcoin (BTC) swung by many thousands of dollars during US trading hours, underpinning the inherent volatility of the cryptocurrency.

With the volumes at which they are trading, BlackRock’s iShares Bitcoin ETF (IBIT) was the only one to get preference with trading volume, followed by Grayscale Bitcoin Trust (GBTC) and Fidelity Wise Origin Bitcoin Fund. While the performance is strong, the recent market activity signals a shift in profit-taking. It reflects some caution in the middle of a price surge for Bitcoin (BTC).

Pushd (PUSHD): Redefining E-commerce Through Decentralization

Pushd (PUSHD) initiated the fifth stage of its presale, aiming at reaching out to investors one more time to join its mission of changing the e-commerce game with decentralization. Pushd (PUSHD) is pushing a token running on a decentralized platform to bring full transparency, security and efficiency to online marketplaces, hence disrupting the current standing of e-commerce. Pushd (PUSHD) sets out to modernize e-commerce practices with a fee structure cheaper than the conventional one and governance not ensured by any central entity.

This actively pushes investors to join Pushd (PUSHD) and be at the lowest level of token prices for $0.11, to be of help to the evolution of decentralized e-commerce and thus be ready for a much bigger future in online transactions.

Find out more about the Pushd (PUSHD) presale by visiting the website here.

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