? Agridex Cultivates $5 Million to Digitize Agriculture on Solana

? Agridex, the blockchain-based platform running on Solana, is harvesting $5 million in funding to expand its mission of tokenizing crops. By leveraging non-fungible tokens (NFTs), Agridex ensures that transactions are tamper-proof and transparent.

? This move aligns with the broader trend of the crypto world, where real-world assets (RWAs) are being transformed into digital tokens. Agridex is sowing the seeds of a new era in agriculture.

? The platform doesn't just stop at tokenization; it aims to reinvent the supply chain by connecting farmers directly with buyers. With features like compliance control and transportation tracking, Agridex is plowing ahead to make agricultural trade more efficient.

? But it's not just about trading; Agridex also offers competitive finance options to ensure smooth cash flows for farmers. With this funding, they're ready to bring the $2.7 trillion agriculture industry onto the blockchain.

? Agridex joins a fertile field of blockchain-powered agri-ventures like Agrichain, TE-FOOD, Origintrail, and Ripe.io. These platforms are all about tracing your food from farm to fork, ensuring you know exactly where your produce comes from.

? Solana's Rise: Franklin Templeton Sees a Bright Future for the Crypto Giant

? Franklin Templeton, the $1.5 trillion investment powerhouse, is placing its bets on Solana. This rising star of the crypto world has caught the firm's attention, and they believe it has what it takes to become a major player in the market.

? Solana's recent success with native airdrops during Q4 2023 has not gone unnoticed. Franklin Templeton sees this as a sign of the network's potential to keep growing and make its mark in the ever-expanding crypto landscape.

? Despite facing challenges like the FTX setback in 2022, Solana has shown remarkable resilience. Its low fees and scalability have attracted attention, especially in the realm of meme coins like BONK and WIF, which have managed to hold their ground among the top cryptocurrencies.

? Looking ahead, Franklin Templeton expects Solana to continue its upward trajectory. With its performance and growing network effects, the stage is set for Solana to ride the next wave of crypto trends, including payments, decentralized infrastructure, and even NFTs.

? While acknowledging some operational hiccups along the way, Franklin Templeton remains optimistic. In fact, they boldly state that Solana could well be the next big thing in crypto, positioning itself as the third major asset after bitcoin and ether.

In conclusion, Franklin Templeton's message is clear: Keep an eye on Solana; it's a force to be reckoned with in the exciting world of cryptocurrencies.

? US Government Could Target Bitcoin, Warns 'Wolf of All Streets' Amid Crypto Attacks

? Scott Melker, the renowned trader and host of the Wolf of All Streets podcast, has raised a red flag about the U.S. government's recent onslaught on cryptocurrencies. In a thought-provoking social media post, he expressed his concerns that bitcoin might be the next target in Uncle Sam's crosshairs.

? Highlighting the recent actions of the IRS, FBI, DOJ, and SEC, Melker emphasized that these agencies have been cracking down on various aspects of the crypto world, including self custody. It's not just about other digital assets anymore; bitcoin is also in the line of fire.

⚠️ The FBI's warning against unregistered crypto services and the DOJ's charges against operators of Samourai Wallet are just a couple of examples. Even early bitcoin investor Roger Ver has found himself facing legal troubles. And let's not forget Chair Gary Gensler's skeptical stance on most tokens, except for bitcoin.

? On top of all this, the IRS is tightening its grip with a new tax form that demands reporting even for transactions involving unhosted wallets. Privacy advocates are worried about what this could mean for individuals' financial confidentiality.

? Melker believes that Uncle Sam has a preference for regulated investment options like the recently approved spot bitcoin ETFs. He points out that while these ETFs initially saw strong interest, they have recently experienced outflows – a sign that investors might be losing faith in them.

? Summing it up, Melker suggests that if you want to play by the U.S. government's rules and "own bitcoin," they would prefer you to do it through a Blackrock ETF. The landscape is shifting, and investors need to stay vigilant in this ever-evolving regulatory environment.

? Uncertainty Looms as Bearish Patterns Persist: Bitcoin's Battle Continues

? Bearish Signals Everywhere: Sellers Hold the Reins
Bitcoin's recent journey has been a rollercoaster ride, with the price hitting a peak at $72,756 before plummeting to lows of $56,500. The downward trend is fueled by strong selling volumes and a lack of bullish reversals, making it a cautious trader's playground.

? Oscillators Confirm the Bearish Tone
The technical indicators paint a gloomy picture, with the RSI, Stochastic, CCI, and MACD all pointing towards negativity. The momentum indicator takes a sharp nosedive to -7467, while the MACD sits bearishly at -1510. It seems the bears are in control for now.

? Short-Term Outlook: Moving Averages Sing the Same Tune
Short-term EMAs and SMAs from 10 to 100 days align with the bearish sentiment, but the 200-day counterparts offer a glimmer of hope. This divergence suggests that while immediate recovery might be shaky, there could be potential for long-term stabilization.

⏰ Microcosm of Downtrend: Resistance Holds Strong
Zooming into the 4-hour chart reveals a continuation of the broader bearish trend. Attempts at bullish moves are swiftly halted around $65,286, emphasizing the strength of the downtrend. The support level at $56,500 becomes a crucial battleground for bears and bulls alike.

⌛️ Fine Fluctuations Amidst Downturn: A Temporary Respite?
In the shorter term, bitcoin shows some signs of stabilization around $56,500. If this level holds and higher lows start forming, it could hint at a temporary bullish reversal. However, breaching this threshold would only strengthen the bearish sentiment.

? Bullish Hope: A Faint Light at the End of the Tunnel
Despite the prevailing bearishness, there are faint signals of a potential turnaround. Sustained stability around $56,500 and higher lows on the 1-hour chart could be early signs of a shift in sentiment. Watch for increased buying volume and a breakthrough of resistance levels for a possible short-term rally.

? Solana Developers Deploy Fixes to Mainnet to Address Network Congestion

? Anza Collective Releases v1.17.31, Boosting Solana's Performance

Almost 90% of Solana's validators have upgraded to the latest software release, v1.17.31, according to Anza, a developer collective focused on the blockchain. This update tackles network congestion by optimizing how the system handles "super-low stake" validators and addressing issues with QUIC, a transport protocol.

? Congestion Persists as Meme Coin Craze Overwhelms Solana

Despite the update, Solana's network is still struggling with congestion caused by the surge in meme coin and token transactions. Dune dashboards reveal that a staggering 70% of non-voting transactions are currently failing.

? Next Update Promises Transaction Scheduler for Bulk Management

The upcoming v1.18 software update brings hope for improved transaction management with a new scheduler. However, this feature will be optional, allowing each validator to decide whether to activate it or not.

⚠️ Devnet Downtime Raises Concerns Amidst Congestion Fixes

While progress is being made, recent downtime on Solana's devnet has raised questions about the stability of future updates. Developers have yet to provide details on the cause of the event or its connection to congestion-related improvements.

As Solana developers continue their efforts to optimize the network, users eagerly await smoother transactions and improved operativity levels in the near future.

⚡️ PORTAL seems to be cooking up some new things with their new launchpad

The debut token on the Portal Launchpad is $SOMO (https://twitter.com/playsomo) and those who stake $PORTAL will be able to receive a guaranteed allocation for the $SOMO sale which is happening on Thursday, 25th April at 11 am EST and I’m expecting this to skyrocket ?

Within the niche of Web3 gaming, we’ve seen many successful launches recently such as My Pet Hooligan’s $KARAT – $SOMO could be next. SOMO will quite literally be the Pokemon Go of Web3 and is also a playable 3D game

$SOMO seems to be the next big cook following after $PORTAL’s success, hitting a 3bn FDV and it was the biggest Binance Launchpool launch in history. I would really recommend picking up some $PORTAL and staking via their launchpad for the $SOMO sale➡️ https://launchpad.portalgaming.com

⏺Wallets will be able to purchase up to 1 ETH of $SOMO and to balance the demand against the available allocation – there will be a weighted raffle to give everyone a fair chance. Your chances in the raffle are dictated by your ticket size and how early within the 24 hours you purchase.
The earlier you purchase and the bigger your ticket, the more $SOMO you’re likely to receive. The current presale price terms seem very fair considering other rounds available like Pixelmon’s $MON and Revolving Games’ $RCADE.

*✖️ *Portal Twitter: https://twitter.com/Portalcoin
*✖️ *SOMO Twitter: https://twitter.com/playsomo

? Square Merchants Go Crypto: Block Introduces Bitcoin Conversion Feature

? In a bold move, Block founder Jack Dorsey has once again put bitcoin in the spotlight. Following the buzz around their 3nm mining chip, Dorsey took to X to announce a game-changing feature for Square sellers: the ability to auto-convert a percentage of daily sales into bitcoin.

? Techcrunch's Ivan Mehta broke down the details, revealing that this new option, launching today in the U.S., allows Square sellers to transfer 1-10% of their sales into their personal Cash App accounts, with the sum being seamlessly converted from fiat to BTC at day's end. Confirmation included!

? Not one to miss out on social media hype, Michael Rihani, Block's bitcoin product lead, shared his excitement on X, emphasizing that this move will impact millions of Square sellers. It's all about convenience and crypto adoption!

? Of course, there's a small fee involved – Square will charge 1% for each conversion. But with Cash App's impressive revenue of $14.3 billion in 2023 (a nearly 35% increase from the previous year), it seems merchants are willing to embrace this digital gold rush.

⛏ This news comes hot on the heels of Block's revelation about their upcoming BTC mining rig, showcasing their commitment to pushing boundaries in both hardware and financial innovation. From 5nm to now 3nm technology – they're not holding back!

In an ever-evolving digital landscape, Square and Block are making sure that merchants don't just keep up with the times but stay ahead by giving them a chance to ride the bitcoin wave with every sale. It's a win-win for both crypto enthusiasts and savvy business owners alike.

Historical Patterns Hints Dogecoin Price May Target $1 in Upcoming Weeks

*?***Read more

? BTC Bulls Attempt to Push Prices Higher Post-Halving: A Battle of Bulls and Bears

? Bitcoin is currently valued at an impressive $65,974, with a 24-hour trade volume of $19.6 billion and a market cap of $1.30 trillion. The crypto's trading range has been between $64,364 and $66,504, showcasing some intriguing support and resistance dynamics.

? Technical indicators like the RSI, Stochastic, and CCI suggest a neutral momentum, while the MACD adds a touch of uncertainty with its sell signal conflicting with the overall bullish sentiment.

? Moving averages paint a predominantly bullish picture, especially on shorter spans like 10, 20, and 50 days. However, caution is advised as higher periods introduce mixed signals.

⏰ On the shorter-term charts, bitcoin appears stable with support at $64,294 and resistance at $66,503. The 4-hour chart shows signs of recovery from a previous downtrend.

? While the overall outlook leans towards bulls, it's important to note the presence of sell signals in key technical markers like the MACD and longer-term SMAs. A failure to sustain recent gains could lead to a potential bearish reversal, especially if accompanied by declining volumes.

? Bullish traders should keep an eye out for sustained breaks above recent highs and strong trading volumes as confirmation for further upward movement.

? Conversely, bearish traders should exercise caution if BTC starts showing weakness at resistance levels and watch for any emerging bearish reversal patterns.

In this tug-of-war between bulls and bears, it's crucial for traders to stay vigilant and adapt their strategies accordingly.

? Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts

? As the Bitcoin halving approaches, experts are divided on what lies ahead. Previous halvings have seen BTC prices soar, with gains of 9,500% in 2012 and 3,000% in 2016.

? However, the last halving in 2020 resulted in a more modest increase of 650%. Some now speculate that we might witness a "sell the news" scenario this time around.

⚠️ Bitwise warns of caution, suggesting that the halving could be a catalyst for a temporary dip. JPMorgan remains bullish, projecting a post-halving price of $42K, while Alliance Bernstein offers a contrasting view.

? Yet, Plan B, creator of the popular Stock-to-Flow model, remains steadfast in his belief that history will repeat itself. He predicts significant gains, with BTC potentially surpassing $300K by 2025.

? Blockstream's Adam Back joins the optimism, envisioning Bitcoin outshining gold. Plan B agrees, emphasizing Bitcoin's scarcity advantage.

? Amidst this flurry of predictions, critics point to past inaccuracies. But Plan B stands firm, highlighting his successful call for $55K when BTC was below $4K.

In this ever-evolving crypto landscape, only time will tell if Plan B's forecast proves accurate once again.