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Home»Market»Cardano Partners with BitcoinOS to Tap $1.4 Billion BTC Market; investors support Toncoin and this new hybrid token
Market

Cardano Partners with BitcoinOS to Tap $1.4 Billion BTC Market; investors support Toncoin and this new hybrid token

October 27, 2024No Comments4 Mins Read
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Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.

The crypto market is bullish as Bitcoin nears a high. Cardano partners with BitcoinOS to unlock the $1.4 billion BTC market, while investors also back new hybrid altcoin DTX.

The crypto market has entered a bullish period, with Bitcoin (BTC) hitting a new high only a matter of time. Amidst this, Cardano (ADA) is partnering with BitcoinOS, a smart contract platform for Bitcoin. Poised to unlock the $1.4 trillion BTC market, ADA’s DeFi ecosystem could be fundamentally transformed.

Meanwhile, investors are betting on Toncoin (TON) and DTX Exchange (DTX), a new altcoin at the crossroads between TradFi and DeFi. This hybrid cryptocurrency is poised to reshape the global business landscape, hailed as the next big thing.

DTX Exchange: the latest news on investors’ radars

DTX Exchange, a new altcoin at the intersection of traditional and decentralized finance, is latest on investors’ watchlists. Its novelty and significant upside potential are its biggest draws, contributing to the more than $5.9 million raised in seed funding.

The ICO is one of the best-selling, surpassing the others. In the fourth round of the presale, the token is priced competitively at $0.08, with its low entry level further sweetening the deal. As it moves towards adoption, industry experts predict a 65x rally after its debut, providing more room for growth than top altcoins like Cardano and Toncoin.

Already pre-listed on CoinMarketCap, the community is buzzing. Meanwhile, its future transformation of the $3.2 billion global trading market makes it a new DeFi project to watch. Its hybrid layer 1 blockchain will integrate conventional asset classes with web3 products, bridging the gap between TradFi and DeFi. As a single trading platform, users can trade over 120,000 asset classes with up to 1,000x leverage on select products.

Cardano (ADA): Prepares to Unlock the $1.4 Trillion Bitcoin Market

Cardano is an industry leader and plays a key role in the DeFi world. It facilitates the creation of decentralized applications (dApps), with Chang’s recent hard fork giving token holders a say in the future of the platform.

However, its performance over the past few weeks has been disappointing: down 11% over the past 30 days. Cardano price is also bearish on the weekly chart, trading above $0.34.

But exciting news, Cardano has formed a strategic partnership with BitcoinOS, a smart contract platform for BTC, potentially opening up a $1.4 trillion market. According to the blog post, this collaboration will allow ADA DeFi users to directly tap into Bitcoin’s vast liquidity. This could be bullish for Cardano, making it one of the altcoins to watch.

Toncoin: Eyes monthly close above $6.5

Layer 1 token Toncoin is one of the favorites among investors, which is not surprising. Its relationship with Telegram, one of the largest messaging apps in the world, has been crucial to its growth, rising to the rank of top crypto coins. The rise of mini-apps on Telegram (games to win and play to win) has also contributed to the growth of TON.

Having had one of its best years, Toncoin rose from $2 to an all-time high of $8.24 in June. Although there has been a 35% drop from its peak, its outlook is bright and investors have doubled down, eating up the decline.

Toncoin price is above the crucial $5 support, down 2% over the past 7 days. Scheduled for a monthly close above $6.5, Toncoin is one of the best cryptos to invest in, with its annual outlook even more promising.

Conclusion

Cardano’s recent partnership with BitcoinOS is expected to unlock Bitcoin’s $1.4 trillion market, transforming its DeFi ecosystem. Meanwhile, Toncoin and DTX Exchange have become investor favorites. The former is on track for a monthly close above $6.5, while the latter is expected to see a 65x surge post-launch.

For more information, visit the DTX Exchange presale website or join the online community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.



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