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Are Upcoming Cryptocurrencies Going to Fall in The Market?

The virtual currency market has experienced several economic crises due to the stock economy. Pessimism and apprehension are spreading throughout the global financial marketplaces. The most arising point is, are upcoming cryptocurrencies going to fall in the market? If you want to make an investment in crypto, go to the best bitcoin trading software.

Crypto will face many downturns as economic analysts think shareholders will soon face a downturn, rising prices, and other banking recessions. Significant cryptocurrencies such as Litecoin keep falling in value. An increasing number of shareholders wish to leave the market.

The lowering of daily transaction quantities and the overarching cryptocurrency market is happening. According to specialists, wage growth fears and provider halts by several cryptocurrency exchanges are the primary causes of the crypto crash. These occurrences have resulted in the creation of weak digital currencies with weak price changes.

Upcoming Cryptocurrencies Going to Fall in the Market

The rapid surge has been dynamite. The proportion of bitcoin investors has been progressively rising worldwide for a long time.

The shareholder profile has shifted. It’s no longer a niche leisure activity in the era of meme equities and stimulation checks. Instead, consumers today have viewed this new investment category as a means of supplementing their investments with possibly more satisfying, albeit potentially risky, assets.

The big investors have trickled into bitcoin in recent years. They have started to alter the industry’s power relationships.

Many cryptocurrencies will fall in the market in the upcoming years—some of them are given below.

The Shiba Inu

Shiba Inu designers have pledged a good prospect with a forthcoming NFT-playing games proposal. Some analysts agree that cryptocurrency will decline.

The Shibu Inu is going to fall in the coming years. Even though luxury clothing companies such as Versace use SHIB for pay-outs, rams continuously disregard SHIB advancements on the system. It is one of the numerous reasons why cryptocurrency’s value is plummeting.

Bitcoin (BTC)

Bitcoin (BTC) is among the most prominent ones in the industry. Its falling prices indicate that BTC would then remain in decline. The Bitcoin price is hovering all around the US$29k milestone. It is looking for some opposition to stop its rapid descent.

Companies are stepping into the industry. Crypto buying, selling, and mining have piqued the interest of government regulators unlike ever before. According to specialists, Bitcoin’s subsequent high explosion was around $15k. It implies that the cryptocurrency could fall even further.

Since the discovery of bitcoin, authorities have done little to restrict or moderate the industry compared to the benefits of traditional outweigh. Bitcoin has been permitted to spread throughout the globe as a distinctive decentralised capital asset.

Sandbox

The sandbox would be a blockchain-based digital environment. The users can create, grow, purchase, and make digital investments as part of games. Sandbox creates a decentralised framework by combining decentralised self-governing organisations and NFTs.

Sandbox is a virtual digital currency. Despite all of its utility companies and real-world utilisation cases, Sandbox will have dropped more than 67% this calendar year. It is predicted to fall further.

Aave

Aave saw a significant price drop. It is dropping nearly 10% during the initial week of August. The overall worth of the AAVE coin was reduced significantly. The cryptocurrency is currently attempting to maintain its 78 EMA. Its dropping wedge trend indicates that its valuation may fall even further.

Binance Coin

Binance coins have been utility marks for the Binance supply chain. These coins are affiliated with the Binance return. It is among the most well-known and helpful distributed ledgers. The coin also boasts a stellar track record. It is an ROI of much more than 300,000% over the nearly five years the company has been operating.

Three major factors have reassured us that Binance Cryptocurrency is about to blow up. The Bitfinex and the Coinbase Chain have continued expanding BNB coin use instances. It ranges from fee income to pinning on DeFi systems. Binance is continuously expanding Binance tokens.

Conclusion

The virtual currencies and traditional markets keep crashing. The crypto market is going to fall in recent years. The crypto markets are exploding. Many cryptos are expected to fall in the upcoming years.

ICOA Signs LOI for 240 Million Acquisition of BGBF

McapMediaWire – ICOA a publicly traded Nevada company and a national provider of wireless and wired broadband Internet networks in high-traffic public locations, currently entering the DeFi, Blockchain, NFT and Crypto Space through multiple acquisitions, announces it has executed a Letter of Intent to acquire BGBF, Asia’s first insured Bitcoin Denominated Fund, in a transaction valued at USD 240000000.

The Fund provides Bitcoin exposure to investors, while offering insurance coverage and underwriting for public offering security insurance, striving to deliver safe and secured investment.

Structured as a regulated and Central Bank compliant entity, BGBF’s technology offers both Hybrid and Centralised Finance as is targeted at accredited and institutional investors.

The LOI executed by ICOA and BGBF outlines the terms of the transaction which is valued at USD 240 Million and anticipated to close within 30 days. As part of the acquisition, ICOA will be acquiring 100% of BGBF in return for restricted preferred shares of ICOA.

Dr. Vin Menon, Co-Founder and Advisor of BGBF added “The case for Bitcoin has been made. There is no doubt at this point it is here to stay. With the recent increase in adoption by both retail and institutional players as well as the approval of the first Bitcoin ETF, the level of confidence in Digital Assets is at an all-time high. BGBF was positioned from the onset to take advantage of this massive opportunity.”

George Strouthopoulos, Chief Executive Officer of ICOA, Inc. added “We are speeding along our acquisitions to position the Company for success in the DeFi, Blockchain, NFT and Crypto Space. This latest pending acquisition is a major milestone for us and we look forward to continuing on this path. This second acquisition further demonstrates the resolve of the Company and its ability to create shareholder value in the Crypto Space”.

We invite shareholders and investors to follow our social media handle on Twitter for daily updates on the latest developments.

Twitter: https://twitter.com/icoa_inc

About ICOA INC

ICOA, Inc. is a national provider of wireless and wired broadband Internet network support for broadband access installations in high-traffic locations across the United States including, quick-service restaurants, hotels and motels, travel plazas, marinas etc.

ICOA is currently entering the DeFi, Blockchain, NFT and Crypto Space through multiple acquisitions.

About BGBF

BGBF is South East Asia’s First Insured Bitcoin denominated Fund. The Fund provides Bitcoin exposure to investors, while offering insurance coverage & underwriting for public offering security insurance, striving to deliver safe and secured investment.

Twitter: https://twitter.com/BGBF_I

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions.

Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control.

Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

FOR MORE INFORMATION, PLEASE CONTACT:

Contact: Kim Halvorson
Email: info@icoamail.com

ICOA Signs LOI for 185 million Acquisition of IBG Finance

ICOA, a publicly traded Nevada company and a national provider of wireless and wired broadband Internet networks in high-traffic public locations currently entering the DeFi, Blockchain and Cryptocurrency Space through multiple acquisitions, announces it has executed a Letter of Intent to acquire iBG Finance, the World’s 1st and only insured – DeFi project, in a transaction valued at USD 185,000,000.

Launched in September of 2020, iBG is a Decentralised Finance wealth management platform designed to bring simplicity to users interested in entering the cryptocurrency and the DeFi market. iBG is equipped with the latest Robo Advisory technology to offer algorithm-driven recommendations.

The iBG App is a smart yield aggregator platform providing an intuitive user experience to make it easy for all users to benefit from their digital tokens/cryptocurrencies.

The App is offered as a customised recommendation engine by simplifying user experience to provide non-tech savvy users a way to interact with various cryptocurrency and DeFi assets that are built on blockchains. In traditional finance and portfolio management, you can get obtain advice and use automated platforms to enrich your trading strategies.

iBG takes these principles and applies them in the cryptocurrency markets with advanced Al technology solutions.

The LOI executed by ICOA and iBG outlines the terms of the transaction which is valued at USD 185 Million and anticipated to close within 60 days. As part of the acquisition, ICOA will be acquiring 100% of iBG Finance in return for restricted preferred shares of ICOA.

George Strouthopoulos, Chief Executive Officer of ICOA, Inc. added “ICOA’s mission statement has always been to be a player in the digital landscape for decades. I cannot think of a better way to further that mission. This first acquisition further accelerates our mission to contribute to the digital transformation journey.”

We invite shareholders and investors to follow our social media handle on Twitter for daily updates on the latest developments.

Twitter: https://twitter.com/icoa_inc

About ICOA INC.

ICOA, Inc. is a national provider of wireless and wired broadband Internet networks in high-traffic public locations. ICOA provides design, installation, operation, maintenance, and management of WI-FI hot-spot and hot-zone Internet access.

ICOA owns or operates broadband access installations in high-traffic locations across 40 states, located in airports, quick-service restaurants, hotels and motels, travel plazas, marinas etc. ICOA networks are compatible with widely used 802.11x technology and with virtually all Internet service providers.

ICOA is currently entering the DeFi, Blockchain and Cryptocurrency Space through multiple acquisitions.

About iBG Finance

iBG is a Decentralised Finance wealth management platform designed to bring simplicity to users interested in entering the cryptocurrency and the DeFi market. iBG is equipped with the latest Robo Advisory technology to offer algorithm-driven recommendations.

Website: https://ibg.finance

Twitter: https://twitter.com/IbgFinance

SAFE HARBOR STATEMENT

This press release contains forward-looking statements that can be identified by terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements.

These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company’s control.

Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

FOR MORE INFORMATION, PLEASE CONTACT:

Contact: Kim Halvorson
Email: info@icoamail.com