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QNT poised to rally with 42% gains

The Quant token has seen a strong price rally reaching an all-time high (ATH) of $379 today The Quant (QNT) token had a massive bull run with the price establishing a new all-time high of $379 today. QNT was being traded at $346 at the time of writing. The coin has experienced a strong rise,…

The Quant token has seen a strong price rally reaching an all-time high (ATH) of $379 today

The Quant (QNT) token had a massive bull run with the price establishing a new all-time high of $379 today. QNT was being traded at $346 at the time of writing. The coin has experienced a strong rise, rekindled by a strong bull market that doesn’t seem to be slowing. Quant’s potential growth is evident by the rising volume and steady price increase. Quant has been a solid cryptocurrency in recent years and its price is beginning to catch up.

How and where to purchase Quant in the UK and other countries

To trade cryptocurrency, you will need an account at a broker/exchange website. To register an account, choose a site that is suitable and enter your username, password, email address, and other information. Most sites are trustworthy and will require you to confirm your details. Avoid decentralised exchanges, which are not regulated and can be risky.

There are many platforms today, and new users may be confused because most sites are the same. We have compiled a list of two top platforms that allow you to open an account quickly and begin trading.

eToro

eToro offers some of the best multi-asset trading platforms in the world, with the lowest fees and commission rates. Its social copy trading capabilities make it an excellent choice for beginners.


Get QNT today with eToro

Coin Kong Trader

Coin Kong allows for quick buying and selling cryptocurrencies. This is a great choice for those who are new to cryptography. It offers excellent support, transparency and security.


Get QNT today with Coin Kong Trader

What is Quant?

Quant enables interoperability among different blockchain networks by using its proprietary technology, Overledger. Overledger makes it possible to easily deploy multi-chain decentralised apps (mDApps), on different blockchain networks.

Multi-chain applications are now possible thanks to Quant’s patent technology. There are many interoperable networks out there, but Quant is the pioneer in this area. Interoperability is crucial as it is one parameter that can ensure mass adoption. Quant is able to help developers deploy dApps across multiple blockchains. Developers don’t want to be tied to one specific blockchain network’s governance rules.

Should i buy QNT today

QNT recently established a new ATH, and a further rally seems possible. Quant’s early adopters could see handsome gains if the bull market continues for another week. The Quant daily chart shows a sharp rise after strong accumulation by whales.

Quant daily chart. Source: CoinMarketCap

This article is for informational purposes only. It should not be taken as investment or financial advice.

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BTC slips amid poor debut for Hong Kong spot ETFs

Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading. Data showed trading volumes hit just over $11 million, against expectations of over $3oo million. Bitcoin price fell below $62,000 again amid market reaction to less than encouraging numbers from the first day of trading…


  • Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading.
  • Data showed trading volumes hit just over $11 million, against expectations of over $3oo million.

Bitcoin price fell below $62,000 again amid market reaction to less than encouraging numbers from the first day of trading for much hyped spot Bitcoin and Ethereum ETFs in Hong Kong.

BTC was down about 1.4% at the time of writing, having touched lows of $61,587 across major crypto exchanges.

The benchmark cryptocurrency, which has struggled to reclaim key levels since its recent halving event, was seeing a 24-hour trading volume of $28.4 billion.

Bitcoin price and Hong Kong spot ETFs debut

Earlier, Bitcoin price surged to above $64,000 as the six spot Bitcoin and spot Ethereum ETFs went live in Hong Kong.

The flagship cryptocurrency rose to over $64,727 on US-based crypto exchange Coinbase. BTC also soared after reports Hong Kong approved the listing of the ETFs.

NEW: 🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin ETFs 👏 pic.twitter.com/ux1eb5PqRn

— Bitcoin Magazine (@BitcoinMagazine) April 30, 2024

However, as data streamed in showing disappointing trading volumes and inflows, Bitcoin price took a hit. According to details of the six ETFs’s debut day, total trading volume reached just $11 million, not impressive given projections were much higher at over $300 million.

Bitcoin ETFs saw about $8.5 million while Ethereum ETFs recorded just $2.5 million on the first day. Ethereum price fell to $3,040.

Notably, the figures from Hong Kong are way lower compared to those recorded amid the enthusiasm that greeted the launch of spot Bitcoin ETFs in the US in January. On their debut, the US spot BTC ETFs raked in over $4.6 billion in trading volume.

The start to trading for the ETFs has not helped BTC price and BTC could face a slide under the $60k level if sentiment flips negative. On the upside, resistance at $65k remains critical and a breakout could see the bellwether digital asset soar towards its recent peak.


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