Founded by serial entrepreneur Naguib Sawiris, MONIIFY aims to empower the next generation of entrepreneurs and investors to make smarter money moves by providing insights and analysis on high-potential regions and sectors, including tech, AI, cryptocurrency, and energy.

DUBAI, UAE, Nov. 20, 2024 /PRNewswire/ — MONIIFY (moniify.com), a digital news platform for Zillennials, founded by businessman and entrepreneur Naguib Sawiris, will launch on November 26, 2024.

Set to become the go-to platform for entrepreneurs, investors and professionals hungry for knowledge, wealth, and financial freedom in the world’s fastest-growing economies, MONIIFY will provide fresh, bold and insightful business and finance news content.

Based in the UAE and with a global outlook, MONIIFY will spotlight emerging markets with a focus on the industries driving the future – from tech and AI to crypto and energy. Covering everything from the GCC’s tech-driven initiatives to the rapid growth in Southeast Asia and India’s dynamic economy, MONIIFY is designed to keep the next generation of leaders ahead of the game.

“Young people today need more than traditional business and finance news. MONIIFY speaks directly to the next generation of entrepreneurs, in their language, on the platforms they want,” says Chairman and renowned businessman, Naguib Sawiris. “Young people always ask me ‘what is the secret to success?’ – that is my motivation for MONIIFY, to be the formula for them to achieve their dreams.”

Dr Yaser Bishr, Advisor to the Chairman, leading the launch of MONIIFY echoes this, “Western media giants view emerging markets through a Western lens. Emerging markets, home to over 4.3 billion people with a median age of 34, have their own unique stories to tell. These markets accounted for 50.1% of global GDP in 2023 and a staggering 66.7% of global GDP growth over the past decade. MONIIFY is here to change the narrative – a platform by Zillennials, for Zillennials..”

Uncover the next big thing from emerging markets first

From daily essential updates on the latest in crypto and tech markets to breaking down investment trends and business opportunities and in-depth conversations with some of the most successful and influential entrepreneurs, MONIIFY will provide exclusive access to the strategies behind success. The platform will feature Zillennial-friendly formats, including short videos, explainers, and deep-dive interviews. A masterclass series will unlock access to the biggest names in business sharing their blueprint for success.. MONIIFY’s newsroom will exclusively cover crypto, markets, tech and wealth in emerging markets, led by an accomplished team of international business journalists.

“We have brought together the best media talent from international markets as well as emerging markets who believe strongly in the MONIIFY movement, and who represent our brand,” says CEO, Michael Peters, former CEO of Euronews.

MONIIFY Creators, brings together trusted voices in financial content, including Eisa AlHabib (UAE), Uptin Saiidi (USA), Anushka Rathod (India), Felicia Putri Tjiasaka (Indonesia), Osamah Essam El-Din (Saudi Arabia), and Sara & Aaron Wee aka The Weeblings (Singapore).

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LONDON, Nov. 19, 2024 /PRNewswire/ — DeFinity Markets®, the first full-stack institutional digital asset matching and settlement platform for fiat and digital assets, is thrilled to announce their integration of Chainalysis, the blockchain data platform. This marks a pivotal moment for DeFinity Markets’ risk management and compliance capabilities.

Chainalysis enjoys international acclaim for its blockchain analytics and data offerings, software, and services. Serving a diverse clientele spanning government agencies, cryptocurrency exchanges, financial institutions, insurance providers, and cybersecurity firms across more than 70 countries, Chainalysis has been instrumental in solving high-profile criminal cases and enhancing secure consumer access to digital assets.

By seamlessly integrating KYT, the real-time transaction monitoring solution by Chainalysis, into its platform, DeFinity Markets is committed to equipping its compliance team with robust risk management tools. This integration is set to bolster transparency and fortify security within the digital asset landscape, aligning with DeFinity’s unwavering dedication to fostering equitable and transparent trading practices.

DeFinity clients have the privilege of utilising Chainalysis’ compliance solutions, enabling real-time monitoring and assessment of digital asset transactions to ensure strict adherence to regulatory protocols.

Chainalysis’ cutting-edge technology augments DeFinity’s security architecture, which provides a fortified shield for user data and assets against potential threats and vulnerabilities.

DeFinity’s unwavering commitment to nurturing trust and transparency in the digital asset realm is an imperative facet for institutional investors.

In expressing enthusiasm about this collaboration, Chris Park, Chief Risk Officer at DeFinity Markets, remarked, “We are thrilled to bring cutting-edge compliance solutions to our users operating within the dynamic digital asset market. This integration seamlessly aligns with our mission to provide transparency and security to our esteemed institutional clients. With the wealth of expertise that Chainalysis brings to the table, we are poised to strengthen our position as the preeminent venue for institutional Digital Asset traders.”

Alex Cable, VP North EMEA, Chainalysis: “In today’s dynamic cryptocurrency landscape, trust and security are paramount. DeFinity Markets is on a mission to uphold high standards of compliance and risk management. By leveraging blockchain’s inherent transparency, they are able to provide a secure and reliable platform for their clients.”

About Chainalysis
Chainalysis is the blockchain data platform, making it easy to connect the movement of digital assets to real-world services. Organizations can investigate illicit activity, manage risk exposure, and develop innovative market solutions with deep blockchain data insights. Our mission is to build trust in blockchains, blending safety and security with an unwavering commitment to growth and innovation.

For more information, visit www.chainalysis.com.

About DeFinity Markets
DeFinity Markets® is the Institutional Standard in Digital Assets Trading and fiat rails. DeFinity is built on institutional-grade technology offering unprecedented digital assets market access to globally leading Financial Institutions seeking to diversify their portfolio. The DeFinity management team has applied decades of knowledge of traditional financial markets to create the DeFinity ECN with direct market access. Platform participants can transact fiat FX trades with the digital asset’s component completed on the DeFinity ECN. The ECN is custody-agnostic and provides FIX API access, a standardized rulebook powered by an embedded AML/KYC framework. We aggregate quotes from market makers on which qualified clients can transact digital assets. DeFinity offers access to liquidity across all major digital assets, including stable coins. The DeFinity ECN supports fiat currencies including GBP, EUR, USD crosses supported by an integrated fiat on and off-ramp gateway.

For further information, please visit: www.DeFinitymarkets.com.

Contact
Media Room DeFinity Markets
media@DeFinityMarkets.com 

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Ethereum’s (ETH) price continues to dominate discussions in the crypto market as analysts project a potential rally to $10,000. Despite recent fluctuations, Ethereum has maintained its position as a key player in the blockchain ecosystem, offering unique value through its smart contract capabilities and vast decentralized finance (DeFi) ecosystem.

Let’s explore the latest price movements, whale activity, and the technical indicators that suggest Ethereum’s potential for a significant rally.

Ethereum’s Current Market Movements

Recent Price Trends

On Monday, Nov. 18, Ethereum’s price retreated to $3,058, marking an 11% drop from its monthly high of $3,445. This decline indicates a local technical correction as market dynamics shift.

Whale Activity Signals Selling Pressure

Ethereum’s price decline coincides with increased whale activity. Data from LlamaFeed reveals that over $300 million worth of ETH has been moved by whales in the past 24 hours. Notable transactions include:

A transfer of 50,000 ETH (valued at $153 million) to Kraken with a transaction fee of just $12.80.

Another whale moved 15,579 ETH (worth $47.8 million) to Coinbase.

These movements often precede liquidation, signaling potential selling pressure in the short term.

Spot ETF Outflows Impact

Spot ETFs tracking Ethereum experienced outflows for two consecutive days, with $59.8 million in outflows on Friday. This represents a sharp rise from $3.24 million the previous day. While Ethereum ETFs have garnered inflows of $178 million, this pales in comparison to Bitcoin ETFs, which have amassed $27 billion.

Ethereum’s Performance in the DeFi Ecosystem

Ethereum’s decentralized exchange (DEX) volume dropped by 4.7% in the last 24 hours to $850 million, trailing smaller networks like Solana (SOL), which handled $5.92 billion. Other competitors like Base, Binance Smart Chain (BSC), and Arbitrum also posted higher volumes, handling $1.28 billion, $1.27 billion, and $992 million, respectively.

Catalysts for Ethereum’s Bullish Outlook

Analyst Predictions: A Long-Term Rally to $10,000

Despite current headwinds, analysts remain optimistic about Ethereum’s long-term potential. One prominent prediction suggests a 226% rally, projecting Ethereum’s price could reach $10,000.

Key factors supporting this prediction include:

Deflationary Dynamics: Ethereum’s tokenomics have shifted to a deflationary model, particularly after the implementation of EIP-1559, which burns a portion of transaction fees.

Staking Potential in ETFs: With the possibility of Ethereum staking being integrated into ETFs, additional demand for ETH could drive prices upward.

Technical Analysis: Ethereum’s Bullish Indicators

Ethereum’s technical charts reveal promising signs of a potential reversal:

Golden Cross Formation:

Ethereum’s 200-day and 50-day Exponential Moving Averages (EMAs) are on the verge of forming a golden cross pattern. This bullish signal often precedes upward momentum in price trends.

Fibonacci Retracement Support:

Ethereum’s recent sell-off has slowed at the 50% Fibonacci Retracement level, suggesting strong support.

Price Targets:

Analysts highlight $3,447 as an immediate target, with a potential breakout pushing ETH to its year-to-date high of $3,972.

What’s Next for Ethereum?

While short-term challenges like whale activity and ETF outflows create temporary turbulence, Ethereum’s long-term outlook remains strong. Factors like deflationary tokenomics, staking potential, and technical bullish indicators position Ethereum as a key asset for investors.

As blockchain technology evolves, Ethereum’s role in DeFi, NFTs, and other decentralized applications continues to drive demand. Analysts and investors will closely watch ETH’s price movement in the coming weeks, with a possible rebound offering promising opportunities.

Conclusion

Ethereum’s price prediction for a rally to $10,000 reflects the cryptocurrency’s strong fundamentals and growth potential. Despite recent corrections, bullish technical indicators and long-term catalysts like deflationary tokenomics and staking advancements suggest Ethereum is well-positioned for sustained growth.

Investors should remain vigilant, conducting thorough research while monitoring market trends and technical developments. Ethereum (ETH) continues to be a cornerstone of the crypto ecosystem, offering opportunities for both short-term gains and long-term value creation.

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Crypto presales have emerged as a dynamic way for investors to get in on the ground floor of innovative blockchain projects. These presales often offer tokens at reduced prices before they hit the mainstream markets, presenting opportunities for significant returns if the projects gain traction. However, identifying the best crypto presales in 2024 requires thorough research into each project’s potential, team credibility, and market demand.

1. BlockDAG: Redefining Layer-1 Scalability

At the forefront of the best crypto presales of 2024 is BlockDAG, a sophisticated Layer-1 blockchain project revolutionizing transaction speed and security. BlockDAG employs an enhanced Proof-of-Work (PoW) algorithm to achieve unparalleled scalability.

Presale Success: Over $122 million raised with 170,000 unique investors.

Token Advantage: Early participants can acquire BDAG tokens at discounted prices during its 45 presale phases, promising high growth potential.

BlockDAG’s focus on scalability and security places it as a standout choice for forward-thinking crypto investors.

2. SpacePay: Bridging Crypto and Traditional Finance

SpacePay ($SPY) is designed to make crypto transactions in retail settings seamless. By integrating traditional finance systems with digital currencies, SpacePay simplifies everyday crypto usage, aiming to drive widespread adoption.

Its innovative approach positions SpacePay as a game-changer in expanding the utility of cryptocurrencies beyond niche markets.

3. Pepe Unchained: Expanding the Meme Coin Ecosystem

Pepe Unchained ($PEPU) is building on the success of meme coins by offering a Layer-2 blockchain solution. With features like direct bridging between Ethereum and Pepe Chain, Pepe Unchained provides quicker transactions and reduced fees.

Staking Incentives: Investors staking $PEPU tokens can earn significant rewards.

Community Appeal: A must-watch for meme coin enthusiasts seeking next-level functionality.

4. Crypto All-Stars: Unified Staking for Meme Coins

Crypto All-Stars ($STARS) consolidates staking opportunities for various meme coins into a single platform. By integrating multiple tokens, it allows investors to stake popular meme coins and earn rewards from a unified system.

This unique platform caters to the growing demand for diversified staking options, making it a compelling choice for crypto investors.

5. Flockerz: Decentralized Governance with Rewards

Flockerz ($FLOCK) introduces a vote-to-earn system within its decentralized autonomous organization (DAO). Participants in governance can make decisions while earning rewards, emphasizing community-driven development.

DAO Integration: Promotes active involvement in decentralized finance governance.

Reward System: Engages users in shaping the ecosystem while earning.

6. FreeDum Fighters: Political Satire Meets Blockchain

FreeDum Fighters ($DUM) combines political satire with blockchain technology to create a unique multi-chain meme coin. Its stake-and-vote mechanism allows users to earn rewards based on their political choices within the ecosystem.

This blend of humor, interactivity, and blockchain innovation makes FreeDum Fighters a standout presale for those seeking a lighthearted yet engaging investment.

Key Considerations for Investing in Crypto Presales

Navigating the world of crypto presales requires vigilance and research. While the best crypto presales of 2024 offer significant potential, they also carry inherent risks. Here are some tips for evaluating presales:

Thorough Due Diligence: Investigate the project’s whitepaper, roadmap, and objectives.

Evaluate the Team: Look for transparent, credible teams with a history of successful projects.

Market Demand: Assess whether the project addresses a genuine need in the blockchain ecosystem.

Regulatory Awareness: Stay informed about regulations in your jurisdiction to ensure compliance.

Conclusion: Best Crypto Presales

The best crypto presales of 2024, including BlockDAG, SpacePay, and Pepe Unchained, highlight the diverse opportunities within the blockchain ecosystem. From scalability solutions to meme coin innovations and decentralized governance models, these projects showcase the breadth of innovation driving the crypto market.

Investors should approach crypto presales with a mix of optimism and caution, ensuring they thoroughly assess each project’s viability and potential returns. With the right research and strategy, these early-stage opportunities can serve as a gateway to significant growth in the dynamic world of cryptocurrencies.

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Quantoz Payments to receive investment from Fabric Ventures, Kraken and Tether

UTRECHT, The Netherlands, Nov. 18, 2024 /PRNewswire/ — Quantoz Payments B.V. (Quantoz), the Netherlands headquartered payments technology company, is pleased to announce that it will start issuing two stablecoins EURQ and USDQ, designed to be MiCAR Compliant, on Monday 18th November.

EURQ and USDQ are respectively euro and US dollar-referenced E-Money Tokens (EMTs), issued on the Ethereum blockchain by Quantoz, an Electronic Money Institution (EMI) authorised and supervised by De Nederlandsche Bank (DNB), the Dutch Central Bank.

The new EMTs will facilitate euro and US dollar transfers and payments in secondary markets as well as transfers across digital asset and crypto exchanges. Fiat-referencing stablecoins on blockchains can enable digital and decentralised payments that are faster, more transparent, secure and cheaper when compared to existing payment infrastructure.

Bitfinex and Kraken, two of the world’s longest standing and most secure crypto-asset exchanges, plan to be the first to list EURQ and USDQ for trading to eligible clients on Thursday 21st November. 

Arnoud Star Busmann, CEO of Quantoz Payments, said:

“We are thrilled to bring to market truly European-native stablecoins, available on respected venues for European consumers and corporations, issued by a company with its roots in the Netherlands, one of Europe’s leading fintech jurisdictions. The MiCA regulation brings a new level of trust to digital assets markets, not least through its prudential requirements on the issuers of stablecoins. As the world of payments becomes more digital, having well-regulated, transparent and fully backed stablecoins is critical to enabling faster, cheaper and more secure settlement within the world’s largest single market.”

A group of investors including Fabric Ventures, Kraken and Tether are underlining their support for Quantoz by investing in the company.

Anil Hansjee, General Partner at Fabric Ventures, said:

“Europeans speak loudly about MICAR making stablecoin issuance seamless in Europe and whilst there are clearer rules, there are very few players that can pull it off at scale. Think regulatory licenses, tier 1 banking partners with adequate liquidity ratios and balance sheets, blockchain expertise, state of the art and scalable compliance onboarding, on chain transaction monitoring, treasury and risk management, security DNA, let alone an ability to convince major European exchanges to list you and market makers to provide liquidity, as well as dApps to build use cases around you. Quantoz Payments have achieved all this and brought all the right components to the table to succeed. Fabric Ventures are delighted to be participating in this partnership and in an investment thesis that sits firmly at the intersection of our expertise in payments and crypto.”

Mark Greenberg, VP of Product & GM of Consumer at Kraken, said:

“Stablecoins are the backbone of crypto, reshaping the way people connect traditional finance with the decentralized world. We’re pumped to join this investment round and team up with industry partners to push the mission of crypto adoption forward.” 

Paolo Ardoino, CEO of Tether said:

“Our support for Quantoz highlights Tether’s commitment to fostering innovative and regulated solutions within the digital asset landscape. By supporting Quantoz and bringing technology solutions like Hadron by Tether, we reinforce our dedication to expanding reliable, compliant financial tools that empower users and build trust across the digital ecosystem.”

Arnoud Star Busmann, CEO at Quantoz Payments, added:

“Quantoz is an established digital payments technology company in the heart of the European Union and started issuing EURD earlier this year, another euro-backed stablecoin focused on e-money solutions for consumer payment ecosystems as well as treasury management for corporates.

“The support through this investment round from some of the best businesses in digital assets will enable us to provide a timely solution for digital asset markets as well as unlock the benefits of blockchain based money for more traditional use cases. We are excited to be partnering with them on this journey.”

The amount of EURQ and USDQ in circulation is fully backed 1-to-1 by fiat reserves and highly liquid financial instruments such as government bonds. These reserves are managed by an independent foundation, subject to strict DNB oversight and are placed in segregated accounts with Tier 1 banks. In addition to the requirement of maintaining 100% reserves to fully back all circulating assets, Quantoz is also required to hold an additional 2% on its own balance sheet as part of its obligations under MiCAR.

About Quantoz Payments

Founded in 2015, Quantoz N.V. is a financial technology company. Its subsidiary, Quantoz Payments, was founded in 2021 and issues USDQ, a US dollar backed E-Money Token (EMT) and two euro-backed EMTs, EURQ and EURD, within the European Economic Area. These EMTs facilitate fast, cheap, transparent and secure blockchain technology based payments.

Incorporated in the Netherlands, the Company holds an Electronic Money Institution (EMI) license from the Dutch supervisory authority, the Dutch Central Bank. The funds received in exchange for the e-money tokens are held by Stichting Quantoz, a bankruptcy remote entity, which ensures that these funds are safeguarded following the requirements of MiCAR. The e-money tokens in circulation are fully backed 1-to-1 with fiat and highly liquid financial instruments. In addition, the Company is required to hold at least an additional 2% of reserves on its balance sheet. Quantoz Payments and Stichting Quantoz are subject to prudential supervision by DNB.

W: https://quantozpay.com/
L: https://www.linkedin.com/company/quantoz/
X: https://x.com/Quantoz

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