Bitcoin
Bitcoin (BTC) and Ethereum (ETH) Soar Skyward as Furrever Token (FURR) Gives a Chance to Win $10,000
Furrever Token
New York City, NY, May 4, 2024 (GLOBE NEWSWIRE) –
Amid the recent turmoil in crypto markets, characterized by a brief period of uncertainty, Bitcoin (BTC) and Ethereum (ETH) have emerged as beacons of resilience, reaching new heights. However, amid this upward trajectory, Furrever Token (FURR) generated a new wave of excitement by revealing a lucrative opportunity for investors: the chance to pocket a substantial $10,000 reward. As BTC and ETH continue their rise, the allure of FURR’s eye-catching competition adds an extra layer of intrigue to the already exciting world of cryptocurrency investing.
Bitcoin (BTC) Soars Toward $62,000 Amid New Bullish Momentum
Amid a recent tumultuous period for cryptocurrency markets, Bitcoin (BTC) is staging an impressive recovery, rising nearly 5% to reach around $61,857.26. This resurgence follows a sharp drop below $57,000, with BTC rising 5.2% in the last 24 hours. Market analysts are keeping an eye on the critical $62,000 level, identified as a key resistance point on BTC’s daily chart. While some traders anticipate a bullish advance, others warn against a strong rejection, emphasizing the importance of sustained volume and closing the candlestick above this threshold.
Technical indicators and on-chain data suggest several resistance levels and potential targets, with some analysts targeting $82,000 as an initial target. With signs of strengthening bullish momentum, Bitcoin price action continues to draw attention, with a possible bull flag formation on the weekly chart signaling further upside potential towards all-time highs and beyond.
Ethereum (ETH) Faces Regulatory Hurdles as SEC Ruling Approaches
Amid a scenario of regulatory uncertainty, Ethereum (ETH) is currently priced at around US$3,081.29, marking an increase of 3.5% since yesterday. As the deadline approaches for the U.S. Securities and Exchange Commission’s (SEC) decision on Ethereum exchange-traded funds (ETFs), industry experts are expressing skepticism regarding the approval. Analysts such as Michaël van de Poppe and MicroStrategy CEO Michael Saylor doubt the likelihood of Ethereum Spot ETFs being approved in May this year. Three prominent candidates, VanEck, Ark 21 Shares and Hashdex Nasdaq, face hurdles as the SEC scrutinizes the underlying securities issues, potentially leading to delays rather than outright denials.
Concerns are being raised that Ethereum could be classified as a security by the SEC, a move that could impact not only Ethereum but also other major cryptocurrencies and ETF candidates. In contrast, Hong Kong’s crypto market experiences significant growth, with nearly $300 million in weekly inflows following the launch of Bitcoin and Ethereum ETFs. This divergence from the US market, where spot Bitcoin ETFs face notable outflows, underscores the changing dynamics of global crypto investing.
The story continues
Furrever Token (FURR): An Extravagant Journey Through Presale Success and Beautiful Crypto Innovation
Furrever Token (FURR) is poised to captivate investors and accelerate the remaining pre-sales stages by leveraging a unique blend of charm and innovation. With a mission to infuse the crypto space with a delicious dose of cuteness, FURR transcends traditional use cases, offering users an irresistibly enchanting experience.
In a market dominated by serious blockchain projects, FURR stands out by fostering a warm and friendly community centered on the universal appeal of adorable cat images. FURR’s tokenomics is designed to incentivize participation, with 65% of tokens available during the pre-sale, creating ample opportunities for early investors to secure their participation in this extravagant ecosystem. Additionally, the team’s commitment to transparency and longevity is evident through the allocation of 10% of tokens, locked for one year, assuring the community of their dedication.
Launching on a decentralized exchange (DEX) like PancakeSwap further improves accessibility and liquidity, ensuring a seamless experience for investors. Held on the Gleam platform, the competition lasts 7 days, offering participants the opportunity to accumulate points by completing various tasks. At the end of the frenzy, three lucky winners will each walk away with a share of the $10,000 prize pool in FURR tokens. The stakes are high, with the first place winner netting $5,000 in FURR, followed by $3,000 for second place and $2,000 for third place. The competition starts on 05/02/2024 at 12:00 pm (UTC +1) and ends on 05/09/2024 at 12:00 pm (UTC +1), so gather your perfect skills and join us for a chance to claim your place among the final winners of Furrever!
Join the Furrever Token presale now:
Furrever Token official website
Visit the Furrever Token pre-sale
Participate in the Furrever Token Bonanza competition
Join the official Telegram group
Follow the official account
Media Contact:
Robert Smith
https://furrevertoken.com/
support@furrevertoken.com
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice or trading advice. It is highly recommended that you practice due diligence, including consulting with a professional financial advisor, before investing or trading cryptocurrencies and securities.
CONTACT: Robert Smith support at furrevertoken.com
