{"id":437714,"date":"2023-09-09T07:53:38","date_gmt":"2023-09-09T07:53:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=437714"},"modified":"2023-09-09T07:53:38","modified_gmt":"2023-09-09T07:53:38","slug":"next-cryptocurrency-to-explode-saturday-9-september-bitcoin-bsc-stellar-kucoin-token","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/next-cryptocurrency-to-explode-saturday-9-september-bitcoin-bsc-stellar-kucoin-token","title":{"rendered":"Next Cryptocurrency to Explode Saturday 9 September – Bitcoin BSC,\u00a0 Stellar, KuCoin Token"},"content":{"rendered":"

The latest crypto market update shows that the global crypto market cap has experienced a slight dip, currently at $1.04 trillion, representing a 1.21% decrease over the last 24 hours—a significant difference from<\/span> Friday’s reports<\/span><\/a>.<\/span><\/p>\n

Furthermore, the total crypto market volume in the past day has notably decreased by 17.39%, now amounting to $21.18 billion. Within the decentralized finance (DeFi) sector, the volume is currently at $2.14 billion, constituting 10.10% of the total crypto market’s 24-hour volume. Stablecoins dominate the market, with a total volume of $19.86 billion, making up 93.76% of the total crypto market’s 24-hour volume.<\/span><\/p>\n

Regarding market dominance, Bitcoin’s share stands at 48.30%, having decreased by 0.28% for the day. These figures provide a snapshot of the current state of the crypto market.<\/span><\/p>\n

Global stock indexes <\/span><\/a>closed slightly higher on Friday, with the U.S. dollar index marking its eighth consecutive week of gains. This winning streak for the dollar index, the longest since 2014, was driven by recent data indicating the resilience of the U.S. economy. On the day, the index remained nearly unchanged at 105.08.<\/span><\/p>\n

In contrast, China’s onshore yuan concluded its domestic session at its weakest level since 2007, raising concerns about China’s economic slowdown.<\/span><\/p>\n

The strong U.S. economic data released throughout the week has sparked worries among some investors that even if the Federal Reserve decides to keep rates unchanged this month, interest rates could remain elevated longer than initially anticipated.<\/span><\/p>\n

Next Cryptocurrency to Explode<\/b><\/h2>\n

Market participants eagerly await the release of the U.S. Consumer Price Index for August, scheduled for Wednesday. This data release is of particular interest, especially given the recent increase in oil prices.<\/span><\/p>\n

1. Bitcoin BSC (BTCBSC)<\/b><\/h3>\n

Bitcoin BSC (BTCBSC)<\/span><\/a>, inspired by the original Bitcoin project, has emerged as a stake-and-earn cryptocurrency platform integrated with the Binance Smart Chain (BNB). This novel digital currency promotes a long-term token-holding approach, offering passive income opportunities through its staking protocol, which is set to span an impressive 120 years.<\/span><\/p>\n

https:\/\/twitter.com\/Bitcoinbsctoken\/status\/1700057880429216224?s=20<\/p>\n

During the initial three days of its presale, Bitcoin BSC managed to secure over $300,000 in funding, and it aspires to reach a hard cap target of $6 million before the presale phase concludes. In this article, we delve into the key features of this groundbreaking project, explore the advantages of the Binance Smart Chain, and discuss the potential for BTCBSC to achieve a remarkable 10x growth in the future.<\/span><\/p>\n

Bitcoin (BTC) is the most valuable cryptocurrency globally, boasting a staggering market capitalization of over half a trillion dollars. Nevertheless, passive income generation through staking has remained conspicuously absent from the offerings of this immensely popular asset class.<\/span><\/p>\n

Although Bitcoin BSC (BTCBSC) is not a direct successor to Bitcoin, it shares certain fundamental characteristics with a unique twist. Notably, BTCBSC maintains an identical total supply to Bitcoin, with a fixed cap of 21 million tokens. Moreover, it adheres to a block schedule closely mirroring Bitcoin’s, gradually unlocking the entire token supply over 120 years.<\/span><\/p>\n

The BTCBSC presale, which commenced just a few days ago, has sparked significant investor interest, with many eager to acquire tokens priced at $0.99 each. Of the total 21 million token allocation, 6.125 million tokens have been designated for the presale phase.<\/span><\/p>\n