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Global Trending DeFi Meme Token Raises Over $1.1 Million In Pre-sale, The Next Gen In DeFi?

Cutoshi

As Bitcoin teases the market with $99k BTC highs, a new token is piquing interest as it trends on X for the second time, and raises over $1.1M in funding in record time. Is it a meme? Is it a DeFi ecosystem? Well it's both, and the name is Cutoshi. From Memes to Millions - Cutoshi’s Rise to Fame The presale project Cutoshi has a clear vision. To blend the iconic and prosperity bringing Lucky Cat symbol, to DeFi. Its ability to trend on X twice in recent weeks highlights the attention the project has gained. As it combines meme culture with a serious DeFi mission, it’s resonating with thousands of investors. Words are great but numbers contain precious data. Cutoshi has raised over $1.14M in funding in just over a month. And their socials include over 10k members on X and 5k Telegram members. That’s why $CUTO (the ecosystem’s native token) has been trending at the top spot of X. Also, they recently launched a group yield farming initiative, with over 3500 people participating, showing how bullish their community is. This is a project grounded in both community engagement and practical features. Cutoshi’s Unique Spin on Memecoins The memecoin world might seem oversaturated, but again the big returns of the sector in 2024 show otherwise. However Cutoshi wants to be more than just a flash in the pan, instead distinguishing itself by solving real problems faced by DeFi users. One way is their core offering - a cross-chain DEX that solves the issue of fragmented liquidity and confusing and expensive transactions across blockchains. What is within the Cutoshi Ecosystem? Some of Cutoshi’s main features include: The Cutoshi DEX - Built to support cross-chain trades, addressing liquidity challenges that often limit decentralized finance The Learning Academy - Recognising that memecoin holders might wish to learn more bout the benefits of DeFi Token Incentives - Holders of $CUTO enjoy discounted lessons on their DeFi academy, (most modules are free but more advanced ones will be payable in Cuto) and discounts on Cutoshi merch A Collectible Lucky Cat NFT collection - with DeFi-based benefits Community Engagement - Frequent group activities including, most recently, a meme competition with a $2,000 prize pool Clever Tokenomics - 7% reserved for burning to keep prices up, just like BNB or SHIB The team is keen to highlight the importance of the learning academy, as it This initiative reflects the project’s mission to create a DeFi ecosystem that’s user-friendly and educational. And one that stays close to Satoshi Nakamoto’s vision of financial freedom and autonomy. What’s Next for Cutoshi? In addition to continuing to build in alignment with their roadmap and lite paper, the next step for Cutoshi is to sell out of the third stage of the presale. That shouldn’t take long since it's already 95% sold out. At this point the token will go up in price, meaning all existing holders will be in profit. For those considering an entry, now might be the ideal moment. Whether drawn by the memes, the DeFi potential, or the Lucky Cat’s charm, Cutoshi is shaping up to be a project that merges fun with real-world impact. And it could be the project that introduces the next generation of meme coin traders to the benefits of DeFi and web3. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 30, 2024 04:02 AM Eastern Standard Time

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Charles Schwab Ready To Get Into Crypto, Is DeFi The Way Forward As Institutional Players Accumulate BTC?

Cutoshi

As Bitcoin gets ever closer to $100,000, institutional investors cannot afford to ignore it any longer. In a recent interview with the new CEO of Charles Schwab, (Rick Wurster), he revealed that Schwab customers are getting ready to receive direct exposure to Bitcoin and crypto via Spot ETFs. At the same time, while BlackRock changed history after getting the first BTC Spot ETF approved, they are also quietly accumulating billions of dollars of Bitcoin for themselves. So what does this mean for the future of Bitcoin and decentralized finance (DeFi)? Could DeFi ecosystems, like Cutoshi, be the next big step in a market increasingly dominated by institutional players? The Big Boys Load Up On BTC According to info from Arkam Intelligence, Blackrock’s crypto wallet contains close to $50 billion dollars of crypto, with the majority in Bitcoin, but also has holdings in ETH and other altcoins. This all happened in a matter of months. And that’s just one of several asset managers, albeit the biggest. To put this into perspective, gold ETFs took about five years to reach half that amount of investment. James Heckman, CEO of RTB Digital Inc, highlighted the significance of this move, saying, “When they feel like they have an opportunity to have a monopoly... they move in, they take a massive position.” This massive growth in Bitcoin accumulation isn’t just about market trends. It’s a coordinated effort by major financial institutions, which Heckman describes as “all one and... all coordinated.” Charles Schwab Plans For Spot Crypto Exposure According to Nate Geraci, Charles Schwab’s customers are beginning to demand more exposure to crypto-related products, saying “Can’t overstate how big of a deal this is”. The firm already offers crypto-linked ETFs and Bitcoin futures, but CEO Wurster confirmed that the company plans to enter the spot market when regulations allow. And given the pro-crypto government about to take power in the US and the SEC chair planning to step down on January 20th, that won’t take long. Wurster also admitted to feeling a bit of personal regret for not investing earlier. “Crypto has certainly caught many’s attention and they’ve made a lot of money doing it,” he said. “I have not bought crypto and now I feel silly.” DeFi - The Next Stage Of Growth Once institutions establish their positions in Bitcoin, the natural progression is to explore decentralized finance. DeFi offers things that Bitcoin doesn’t, such as receiving high yields from staking and easily trading all kinds of products such as tokenized versions of real-world assets (RWAs). These things appeal to both retail and institutional investors who want to make the biggest returns possible and be at the forefront of innovation. Other big players such as Andreessen Horowitz (a16z) have been prominent investors in the decentralized finance (DeFi) sector, actively supporting various web3 projects and funds, to the tune of several billion dollars. Also, a16z's "State of Crypto 2024" report highlights the firm's ongoing interest in DeFi, noting that decentralized exchanges (DEXs) have grown to account for 10% of spot crypto trading activity - a significant increase from four years ago when most activity occurred on centralized exchanges. This shift could open the door for projects that make DeFi accessible and scalable, addressing the needs of everyday users and institutions. The Perfect Time To Explore Cutoshi’s Ecosystem? Cutoshi is a prime example of how DeFi can evolve to meet the needs of both experienced users and crypto newcomers. Built on Ethereum, Cutoshi combines a cross-chain decentralized exchange (DEX) with peer-to-peer trading options, simplifying the often-complicated world of blockchain interoperability. For users new to DeFi, Cutoshi also offers a learning academy, breaking down complex concepts into fun and engaging lessons. This makes the ecosystem approachable for everyone. Cutoshi uses the meme power that has been so popular this year, (with even BlackRock having meme coins like PEPE and MOG). They are using the Lucky Cat as a mascot, alongside user participation, to build a loyal community. This hybrid of practical utility and playful branding sets it apart in a market where many projects struggle to offer long-term value. As the project is in presale and has raised over $1.1 million in funding, this is an ideal moment for those looking for large returns to investigate this new approach to DeFi. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 29, 2024 08:35 AM Eastern Standard Time

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Rare Whisky 101 and Digitonic combine to create global whisky tech firm

Digitonic Ltd

Rare Whisky 101, the whisky valuation and data business, has partnered with Glasgow-based technology firm Digitonic to usher in a new era of whisky collecting and investment. The deal will see Digitonic take a controlling interest in Rare Whisky 101, with Digitonic co-founder and CEO Grant Fraser becoming CEO and taking a board position at Rare Whisky 101. Advanced discussions are now taking place with North American investors to help grow Rare Whisky 101 internationally during 2025. Rare Whisky 101 is a global leader in the valuation of rare whisky, and provides collectors and investors with worldwide data insight into the investment performance and prospects of malt whisky collections. Digitonic has been at the forefront of technology and marketing since incorporation and provides specialist technology to listed businesses around the world, developing proprietary software which helps firms attract new customers and investors. The combination of the two companies will help Rare Whisky 101 reach new audiences and develop its technology platform. Plans are underway to provide the growing international market of whisky investors with advanced tools and data-driven insights for investment decisions. Grant said: "This partnership is about blending the best of two worlds: the timeless artistry of rare whisky and the power of technology. Together, we'll create new opportunities for collectors and investors, bringing them unprecedented value and experiences covering ownership enjoyment and investment. "I'm honoured to lead both companies into this exciting new chapter, which is down to the extraordinary talent of the Digitonic team and the trust of the people behind Rare Whisky 101. "Digitonic's mission has always been to innovate and create meaningful value. This deal marks the start of delivering our vision for how rare whisky is collected, valued, and appreciated." Issued by Mainbrace on behalf of Digitonic & Rare Whisky 101. For more information or interviews contact bryan.garvie@mainbracemarketing.co.uk / +44 7863 208045. About Rare Whisky 101 Rare Whisky 101 is the world's leading authority on rare whisky valuation, whisky data, intelligence and consultancy. Trusted globally by collectors and investors, RW101 sets the benchmark for transparency and expertise in the rare whisky market. About Digitonic Digitonic is an award-winning technology company based in Scotland, specialising in developing innovative intellectual property and transformative tech solutions. Recognised as a leader in the Metis Partners IP100, Digitonic partners with businesses to create lasting impact through innovation. Contact Details Bryan Garvie +44 7863 208045 bryan.garvie@mainbracemarketing.co.uk

November 29, 2024 08:00 AM Eastern Standard Time

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The Biggest Gainers This Bull Run Won't Be Solana Or Ethereum, This ERC20 Token Is One To Watch

Cutoshi

At the risk of stating the obvious, Ethereum (ETH) and Solana (SOL) are poised to hit new all-time highs. However, given the massive size of their market caps, it’s unlikely for both projects to experience the same price multipliers that shook the crypto community in the past. Savvy investors know that the real opportunity is found in undervalued, low-cap gems like Cutoshi. Ethereum Is Gaining Ground, $5,000 Next? In November, Ethereum awoke from its slumber with a 40% monthly surge that saw the ETH price soar. At press time, Ethereum trades at $3,528 with a 5.3% intraday increase. On the Ethereum chart, a string of higher lows confirms that ETH is moving in an ascending channel as buying pressure is building up. Analyst Jelle has shared a chart reading on X that looks at the macro picture. Ethereum is rapidly approaching a multi-year descending trendline that has acted as a dynamic resistance ever since ETH reached its $4,891 all-time high in 2021. A breakout above this trendline could see Ethereum gain escape velocity and soar above $5,000 with relative ease. Furthermore, for the first time ever, Ethereum ETFs have surpassed BTC ETFs in net inflows. On November 26, Bitcoin ETFs recorded over $123 million in net outflows. On the same day, Ethereum saw $40 million in net inflows. Solana Rebounds 4% After Correction Solana (SOL) has been making headlines throughout 2024 between its meme coin factory churning tens of millions in revenue and a possible SOL ETF launch. Just recently, Solana reached a new all-time high of $263, totaling over 40% monthly gains. This latest push saw Solana overtake long-standing rival BNB as the 4th largest cryptocurrency with $113 billion in market cap. As traders started booking profits, Solana retraced all the way down to the $214 support, from where it rebounded and settled at $236. On-chain analysis shows that Solana could be in for some more disruption, as $6 billion in short positions have piled up, significantly boosting selling pressure. However, if Solana bulls hold their ground and push the price higher, a massive liquidation could fuel a massive SOL rally and send its price into the stratosphere. On X, influencer CryptoCurb has shared an interesting opinion, juxtaposing Ethereum’s 2021 price structure with that of Solana’s today. If this scenario plays out, Solana could skyrocket to $1,000 at the peak of the bull run in 2025. Despite the significant gains that both Solana and Ethereum will undoubtedly bring, Cutoshi could still outperform them both given the magnitudes and smaller size of its market cap. Could Cutoshi Become The Meme Coin Standard? Cutoshi draws inspiration from the Lucky Cat of Japanese legends. These cats are said to bring good fortune and prosperity to businesses and Cutoshi does the same on the blockchain while blessing its community with huge rewards. Cutoshi boasts a complex DeFi ecosystem centered around CUTO DEX, a state-of-the-art cross-chain exchange. The platform seamlessly connects isolated blockchains while ensuring greater privacy and robust security. Users will enjoy lightning-fast transactions at the lowest possible fees across a multitude of chains. Members of the Cutoshi community are offered numerous monetary incentives to engage with the ecosystem and boost Cutoshi’s online presence. Via the Cutoshi Farming initiative, they can complete various missions and quests to earn CUTO points, which can then be exchanged for $CUTO tokens. Until December 4, they can also participate in Cutoshi’s meme contest and share their best memes. $2,000 in prizes await and those who want to learn more can do so here. The $CUTO presale is now wrapping up its third stage and more than 82% of the available tokens have been sold out. $CUTO price at just $0.0259. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 28, 2024 04:15 PM Eastern Standard Time

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CaloPal Revolutionizes Calorie Tracking with AI-Powered Mobile App for Healthier Living

Rev Up Marketers

CaloPal is an innovative AI-powered mobile application designed to simplify the process of tracking food calorie, helping users lead healthier lives by making informed dietary choices. Established with the mission to bring technology and health together, CaloPal utilizes cutting-edge artificial intelligence (AI) to analyze food items and provide accurate calorie information, allowing users to stay on top of their nutritional goals with ease. Launched with the mission to integrate technology and health seamlessly, CaloPal’s intuitive platform is designed to make healthy living accessible to all. With its state-of-the-art AI engine, the app allows users to scan food items, log meals, and track calorie intake with precision in seconds. By recognizing and analyzing a wide range of food items – from everyday meals to specific ingredients – CaloPal ensures that users can quickly access reliable calorie information to help them achieve their wellness goals. We believe that healthy living should be easy and convenient for everyone, said Nick, Founder and CEO of CaloPal. “By combining AI with a user-friendly interface, we are making calorie tracking simple, accurate, and accessible, giving individuals the tools they need to manage their health effortlessly.” CaloPal’s AI-powered system utilizes computer vision and deep learning technology to identify foods and provide accurate calorie counts. The app is committed to being a smart calorie tracker and simplifying the often overwhelming task of tracking food intake, giving users a clearer understanding of their nutrition and helping them achieve their health goals. CaloPal’s versatility makes it an ideal tool for individuals with various health goals, from weight management to fitness optimization. Users can receive personalized recommendations tailored to their unique dietary needs, ensuring they stay on track with their nutrition. The app is especially beneficial for athletes, nutritionists, and individuals with medical conditions requiring careful food intake monitoring. Since its launch, CaloPal has gained significant traction for its accuracy, ease of use, and convenience. Users have praised its ability to quickly scan and identify food items while providing clear and actionable insights into their nutrition. The app’s seamless interface and smart technology make it a favorite among health-conscious individuals. Looking ahead, CaloPal plans to enhance its AI capabilities, expand its food database, and further personalize health insights. The company is also exploring partnerships with fitness and health professionals to offer a holistic approach to nutrition tracking, helping users achieve their wellness goals with greater ease. About CaloPal CaloPal is an innovative mobile application that simplifies calorie tracking using artificial intelligence. Designed to empower individuals to make informed dietary choices, the app provides accurate nutritional insights, personalized recommendations, and an intuitive user experience. By leveraging AI technology, CaloPal is more than just a calorie counter – it’s a comprehensive tool for managing health and wellness. Contact Details CaloTech Innovations, Inc. John Smith info@calopal.ai Company Website https://calcounter.com/

November 28, 2024 08:25 AM Eastern Standard Time

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BTC Hits Record High, But Rainbow Chart Hints At Higher Surges Ahead, Shiba Inu Burn Rate Spikes 6000% As New DeFi Altcoin Enters The Market

Cutoshi

Bitcoin approached the $100k mark, reaching $99,645 and is now experiencing a correction with some analysts warning that BTC must hold $92,500, but the Rainbow chart indicates long-term bullishness. Shiba Inu sees its biggest burn rate ever as creator Shytoshi says that burning 99% of the currency is now possible. A new coin, $CUTO, the basis of the Cutoshi DeFi ecosystem, has the potential to surge in price after hitting a new milestone in fundraising. Bitcoin Almost Hits $100k Milestone But Faces Key Resistance BTC has been doing what it does best, hitting all-time highs and getting close to the psychological $100,000k threshold. However, in the last hours, a death cross formed on the 4 hourly charts and the price began to tumble. Bears got liquidated to the tune of $500 million and BTC is currently trying to defend $92,000. Analyst Skew said it is extremely important that Bitcoin’s $92,5k to $92k level is upheld. If not, a bigger correction could be on the cards. Respected analyst Ali Marinez replied, agreeing and reposting his tweet from two days ago, which said that the TD Sequential charts were suggesting a pullback of $91,583 or even $85,610 for BTC. However, a few minutes ago he tweeted again, saying a bullish pattern is forming on the 1hr chart. Looking at longer-term trends, the Bitcoin Rainbow Chart suggests we are in the green ‘Accumulate’ zone. The indicator, invented by Reddit user u/trolololo in 2014, has become a popular way for Bitcoin users to track where they are in Bitcon’s cycle. But like any indicator, it should be used with other tools as well. Shytoshi Highlights The Bigger Picture Beyond Burns Shiba Inu hit a new record as well, with a burn rate of over 6200% and the potential to burn 99% of the supply due to the collaborative nature of the Shibarium, Shiba Inu’s Layer 2 Blockchain. However, the pseudonymous creator Shytoshi reminded the community that the burn rate is just one small part of a much bigger and more meaningful ecosystem. They told people that they want SHIB to appreciate in price due to its DeFi features and utilities. This is because the devs want Shiba Inu to be a coin with long-term sustainability and growth potential. This meme and utility combination could lead Shiba Inu to become crypto’s biggest meme coin, pushing above Dogecoin in the current cycle. Although Dogecoin is better known, it has very little utility or development. Presale Momentum: $CUTO’s Path To $1.1M And Beyond A new coin is taking a leaf out of Shiba Inu’s book and that’s CUTO. On the face of it, Cutoshi is a cat-based meme coin, drawing inspiration from the Chinese Lucky Cat figures, often seen in Asian businesses around the world. But beneath the surface, like SHIB, it's also a DeFi ecosystem, but in the early stages of development. The team plans to release a cross-chain DEX, a learning academy, NFTs with utility such as trading discounts and more. And like Shiba Inu, Cutoshi has a buyback and burn scheme. Right now, Cutoshi is developing behind the scenes and focusing on uniting their community through competitive token farming and fun quests. The latest from the team is a competition where people can win a share of a $2000 prize pool for making an ‘epic meme’. This multi-layered approach appears to be working very well, as the token has raised over $1.1 million in presale funding, with the third stage of presale almost sold out. CUTO is available for $0.259, up 72% on the monthly. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 27, 2024 12:43 PM Eastern Standard Time

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Global Trending Sensation Cutoshi Surpasses $1 Million Raised, With Over 3,200 Holders Now Token Farming On Its Platform

Cutoshi

The CUTO presale has become the top trending token presale on X (Twitter) and has been dubbed the fastest-growing presale of 2024. Within weeks, Cutoshi has raised over $1 million due to its rapidly evolving community, which is spreading like wildfire. Thousands of these community members have started farming and are earning CUTO for helping accelerate the project. Cutoshi: Start Your DeFi Journey With Good Luck Many Asian people keep Maneki-Neko, a cat figurine, in their homes to harness its lucky powers. According to Chinese mythology, the cat brings good fortune to its owners. Cutoshi has made this lucky cat its mascot and brought it to the blockchain to make its powers accessible to everyone by tokenizing it as its native token, CUTO. Cutoshi is a utility meme coin hybrid that combines the fun community of meme coins with the practicality of a utility token. Thus, it brings the best of both worlds to its community members. Users can access the Cutoshi Academy, token farming and NFTs in the vast ecosystem. Cutoshi also plans to open a CUTO-themed merch shop within this ecosystem. In the Cutoshi Academy, community members will have access to learning materials that explain the complex DeFi and Web3 concepts that help them adapt to the decentralized world. Thus, those new to crypto and decentralization can start their DeFi journey smoothly. The best part is that all the materials on the platform are free for everyone, leaving nobody = out of the evolving decentralized economy. If you are an early member and CUTO holder, you can win a limited edition Cutoshi NFT. These NFTs will have stunning CUTO-themed artwork and will provide owners with special and unique functionalities within the ecosystem. NFT holders will have access to advanced platform features and get rewards for their loyalty and participation. Cutoshi will mint NFTs and divide them into five classes according to functionality and rarity. Users will also be able to trade these NFTs with other community members and thus can collect as many as they wish and unlock many platform features. Users with these NFTs are also eligible for extra discounts on the merchandise shop. The Cutoshi shop will include various decorative and practical everyday-use items, including t-shirts, hoodies, beanies, coffee mugs, phone cases, etc., so members can show their devotion to the mission and represent the Cutoshi community. These merchandise allow people to keep the lucky cat’s spirit close to them and even give it to someone to spread its power to them. Easy Money With The Cutoshi Token Farming Cutoshi Token farming has been live for a few days and over 3,200 members have joined and are farming right now. The rules are simple: complete the quests and challenges on time and receive CUTO points. The quests are in three categories: one-time, daily and weekly. The quests, which include voting, reacting, following handles and quizzes, have been designed to boost the community's growth and drive the token value. Thus, the farming mechanism gives a new meaning to community-driven tokens since the members' participation directly affects the project and the token’s growth. The higher you rank, the more exciting the rewards get, so complete as many as possible to rise through the leaderboard and reach the top. After the presale, it will be harvesting time, where users can convert their acquired CUTO points to CUTO tokens and receive them in their linked wallets. Capture Massive Gains With The CUTO Presale Besides farming, you can get CUTO from the token presale and join the community. The presale has reached stage three, raising over $1 million. The current price is $0.0259 per CUTO, which will surge within a few days as stage three is almost over. The value will increase throughout the token presale and the early members will make the most of it as their capital compounds with the new stages. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 26, 2024 01:58 PM Eastern Standard Time

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Blockrock's Bitcoin ETF Records Historic Day; Can Viral New Altcoin Also Gain Traction As It Adopts Satoshi's Bitcoin Principles

Cutoshi

On November 19, Blackrock launched its Bitcoin ETF. In just 24 hours, it reached a trading volume of $1.9 billion, sparking excitement throughout the market. With Bitcoin now closing in on $100,000, the altcoin market is building momentum, with projects like Solana reaching all-time highs over the last week. As prices snowball upwards, an innovative new altcoin called Cutoshi is gaining traction. Having recently passed the $1 million raised milestone, this viral altcoin has gained huge spectator attention and been praised for its use of Satoshi’s Bitcoin principles. Cantor Fitzgerald Plans To Launch A Bitcoin Lending Program Leading financial services company Cantor Fitzgerald has announced plans to create a $2 billion Bitcoin lending program. The program will be supported by Tether and will let investors borrow dollars against Bitcoin, blending traditional finance and DeFi. Meanwhile, Hong Kong digital bank ZA Bank has announced the release of cryptocurrency transactions for retail customers. This is the first Asia-based financial institution to offer cryptocurrency transactions, marking a pivotal moment in global cryptocurrency adoption. Currently, Bitcoin is trading at $98,300.22 following a massive 46% monthly increase. During this rally, Bitcoin inflows have rocketed, with Coinmarketcap showing a daily trading volume of $55.38 billion over the last 24 hours. Blackrock Bitcoin ETF Sees $1.9 Billion In 24-Hour Trading Volume The Blackrock Bitcoin ETF made global headlines over the last week after experiencing an unprecedented trading volume. In just 24 hours, trading volume reached $1.9 billion, pushing Bitcoin to new highs of $98,935.03. Known as the iShares Bitcoin Trust ETF (IBIT) the Blackrock Bitcoin ETF saw a massive 354,000 contract trade in 24 hours. According to Eric Balchunas, a senior ETF analyst at Bloomberg, the Blackrock Bitcoin ETF trading volume was "unprecedented for a first day.” Balchunas also stated that most transactions were call options, suggesting that investors anticipate additional price increases for Bitcoin and the Blackrock Bitcoin ETF. The Blackrock Bitcoin ETF marks a major milestone for the DeFi industry and could result in huge institutional investment in 2025. This could have a significant knock-on effect for the rest of the DeFi market, with the Blackrock Bitcoin ETF continuing to see huge inflows. Cutoshi Gains Momentum With Satoshi's Bitcoin Principles Cutoshi is an exciting new altcoin that’s gained significant traction during its presale. Having recently passed $1 million in raised funds, spectators are anticipating huge returns going into 2025. Cutoshi builds on Satoshi’s Bitcoin principles. It looks to combine outstanding utility with the hype of meme coins to empower investors and educate the next generation of DeFi enthusiasts. Using a Chinese Lucky cat theme, Cutoshi introduces a lucrative new decentralized exchange, educational tools, NFTs and a farming program that attracted over 1,300 users in just a few days. The Cutoshi exchange stands out due to its extremely low fees. Investors can make cross-chain transactions with fees of just 0.25%. 80% of these fees are given to liquidity providers and the remaining 20% are used for $CUTO buybacks, after which the tokens are burned. With great passive income options, an active DeFi community and a rapidly growing ecosystem, spectators are bullish about Cutoshi’s growth. $CUTO tokens can currently be purchased for just $0.0259, though with 76% of stage three already sold out, tokens will remain this low for long! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshi Welcome to Cutoshi, the revolutionary meme coin, DeFi hub and educational platform inspired by the Lucky Cat and Satoshi Nakamoto’s teachings. Traditionally, people put the Lucky Cat in their homes and businesses to maximize its lucky powers and bring them good fortune and wealth. Now Cutoshi the Lucky Cat is on the blockchain bringing luck, prosperity, and wealth to your digital assets. Cutoshi is creating a path to financial freedom, for those who choose to honor the power of the Lucky Cat. Supporting the principles of freedom, privacy, anonymity, and monetary empowerment for the masses. Cutoshi aims to bring the benefits of blockchain to everyone. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi hello@cutoshi.com Company Website https://cutoshi.com/

November 26, 2024 12:36 PM Central Standard Time

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Reliance Global Now Adjusted EBITDA Positive With Growing Revenue Reflecting Potential Benefits Of OneFirm Approach

Benzinga

By Meg Flippin, Benzinga Reliance Global Group Inc. (NASDAQ: RELI), an InsurTech firm aiming to transform the traditional insurance agency model, is seeing its OneFirm approach pay off. The company reported a year-over-year increase in revenue in the third quarter and adjusted EBITDA turned positive for the first time in Reliance Global’s history. Reliance Global credits that to its OneFirm strategy, aimed at capturing a larger share of the expanding insurance market. Launched last year with OneFirm, all of its insurance brands are consolidated under the RELI Exchange banner. Reliance says it provides RELI Exchange with the ability to leverage existing employees better, improve data access and reduce overall operating expenses. It also enables the company to offer insurance agents a more robust platform that covers multiple insurance lines and can provide fast and accurate quotes from more than 30 insurance carriers. OneFirm Boosts Sales “OneFirm is expected to significantly enhance the company’s market presence across the U.S., as Reliance Global Group’s agencies operate under the unified brand of RELI Exchange across all business lines and in all markets,” said Ezra Beyman, Reliance Global Group's Chairman and Chief Executive Officer when OneFirm was announced. “We anticipate that this will fortify our relationships with carriers, enabling us to realize more profitable commission and bonus contracts due to expected increases in business volume.” Those words appear to be coming true. In the third quarter, Reliance Global reported revenue increased 5% year-over-year to $3.4 million, while total operating expenses decreased 16% to $3.9 million. Furthermore, losses from operations decreased by 64% compared to a year ago. Reliance Global said the net loss for the third quarter showed an improvement of approximately $1 million, or 54%, compared to last year’s third quarter. Meanwhile, adjusted EBITDA in the 2024 third quarter was a $43,000 gain, which represents a 121% year-over-year increase from the 2023 comparable quarter. "These highly positive financial results are a testament to the success of the OneFirm strategy, which brings together our owned and operated, but geographically dispersed, insurance agencies, to operate as one cohesive unit, allowing for efficient and effective cross-selling, cross-collaboration and human capital cross utilization,” said Beyman. “The success of the OneFirm approach is clearly evident and demonstrated by the quarter's promising revenue growth, decrease in operating costs and positive changes to net results. We feel strongly that our disciplined approach strengthens our financial position and sets the stage for continued sustained growth and long-term value creation for our shareholders." Spetner Deal Closing On The Horizon In addition to driving its OneFirm strategy, Reliance Global is focused on closing its acquisition of Spetner Associates Inc., which it announced in May and said should close in the coming months. Spetner is a voluntary benefits insurance agency/provider serving more than 85,000 employees around the nation. Reliance Global expects the integration of Spetner will double consolidated revenues and accelerate revenue growth. The company reiterated that expectation when reporting third-quarter results. “We are confident that the integration of Spetner will close to double our consolidated revenues and serve as a catalyst for additional accelerated revenue growth, by having an expanded combined range of service offerings, enhancing our market position and paving the way for sustained profitability and longer-term success,” said Beyman. RELI Exchange Gets An Upgrade As if that wasn’t enough, Reliance Global also enhanced its RELI Exchange platform with the launch of its AI-powered Quote & Bind solution, which was completed ahead of schedule. Reliance Global said it’s a transformative tool that “significantly” accelerates the quoting and binding process for commercial insurance policies. The technology is now live, enabling agents to provide faster, more competitive quotes and bind policies instantly, reported Reliance Global. “The solution not only enhances operational efficiency for our partners but also creates new revenue opportunities by capitalizing on high-demand commercial lines, such as, general liability, cyber liability and workers compensation,” Beyman said. The company has only recently begun utilizing c ross-selling to sell existing clients more products. When Reliance Global launched, it set out to build a multi-billion-dollar profitable business that leverages AI and other advanced technologies to fix what it believes are need gaps within the insurance agent industry through innovation, expansion and disciplined fiscal management. The actions taken during the third quarter appear to have further strengthened its position to achieve that goal. Stay tuned to learn more as its deal closes and it launches new advancements in the quarters to come. Featured photo by Vlad Deep on Unsplash. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

November 26, 2024 01:00 PM Eastern Standard Time

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