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Australia Stock Exchange approves first spot Bitcoin ETF; DTX presale soars over $700K

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Australia Stock Exchange approves first spot Bitcoin ETF; DTX presale soars over $700K

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

The Australian Stock Exchange has approved the first spot Bitcoin ETF, while DTX Exchange’s presale has raised over $700K. Meanwhile, Polkadot is soaring.

The VanEck Bitcoin ETF (VBTC) has been approved by the Australian Securities Exchange (ASX), their first spot Bitcoin ETF. This is a significant step for cryptocurrency in Australia. Meanwhile, one of the leading cryptos right now, DTX Exchange (DTX), is in Stage 2 of its presale. This crypto has raised over $700K. Polkadot (DOT) is also making headlines with its price performance.

Bitcoin: First Australian spot ETF

As one of the top crypto coins, Bitcoin (BTC) has recently seen some exciting developments. Notably, VanEck Australia announced that the ASX approved its VBTC. This is a major milestone for crypto adoption in this country. Although not the first Bitcoin ETF launched in Australia, VBTC is the first ETF approved by the ASX.

This major Bitcoin news may trigger a rally for this crypto, whose value has increased nearly 150% in the past year alone. Additionally, BTC is now trading above its 100—and 200-day EMAs while having 16 green technical indicators. Thus, market analysts predict Bitcoin will reach a value of $70,000 before Q2 of 2024 ends.

DTX Exchange: Presale gaining momentum

While Bitcoin is making noise in Australia, DTX Exchange (DTX) is making noise worldwide. This rising presale sensation has already raised over $700K and is on pace to hit $1M before June 2024 ends. Moreover, those who bought this crypto early on now enjoy a 100% ROI wiyhin a short period.

What sets DTX Exchange apart is its hybrid trading platform, which combines CEX and DEX features. Thus, users can trade more than 120K asset classes, such as stocks, FX and cryptocurrencies, with up to 1000x leverage. Consequently, flexibility and high-leverage options place DTX Exchange among the top exchanges within the crypto industry.

At the heart of this platform will lie the DTX token. Holding DTX tokens offers several benefits, including lower trading fees and governance voting rights. In addition, those who own $100 of DTX during its presale will enter a $1M giveaway, with ten lucky winners each winning $100K.

Currently, DTX is in Stage 2 of its presale with a value of $0.04 – a 100% rise from its starting price of $0.02. This price is expected to rise to $0.06 once Stage 3 begins. Traders who buy it now will get a 50% ROI. Given all these factors, market analysts predict a 50x surge for DTX once a Tier-1 CEX lists it in Q3 of 2024. As a result, DTX has become one of the top crypto investments.

Major analyst maintains bullish stance on Polkadot

Polkadot (DOT) is another cryptocurrency riding a bullish wave. CoinMarketCap data shows that the Polkadot price surged nearly 40% on the YTD chart. Analyst Michaël van de Poppe claims that DOT has reached a crucial support area and is ready for accumulation. In his X post, Poppe states that Polkadot will be a great mover in the coming years.

The technical analysis of the Polkadot crypto supports this statement. For example, there are now six technical indicators in the buy zone while DOT trades above its 200-day EMA. Because of this, experts in the crypto field have a new Polkadot price prediction – reaching $9 before Q2 of 2024 ends.

Bitcoin vs. DTX Exchange vs. Polkadot – which one stands out?

While Bitcoin, DTX Exchange and Polkadot are the top crypto coins to watch right now, one of them stands out: DTX Exchange. This rookie has a lower market cap while also tapping into the $1.4T FX market. In other words, DTX is anticipated to experience significant growth while maintaining stability in volatile markets, positioning it as a strong investment choice at this time.

For more information, visit the DTX presale website, read the project whitepaper, or join the Telegram community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.