Spot Bitcoin exchange-traded funds in the United States experienced a slowdown on Jan. 22 as BTC retraced back to around $102k. According to data from SoSoValue, inflows into spot Bitcoin ETFs dropped by 69% from the previous day, reaching $248.65 million on Wednesday. The entire inflows recorded on the day came from BlackRock’s IBIT which drew in $344.28 million from investors. Grayscale’s GBTC recorded outflows of $47.93 million, while Bitwise’s BITB and ARK 21Shares’ ARKB added to the negative momentum, with investors withdrawing $34.67 million and $13.02 million from the funds, respectively. The remaining BTC ETFs stood still on the day. Despite the dip in inflows, the spot Bitcoin funds extended their streak of inflows to four consecutive days, accumulating over $3.5 billion during this period. Total trading volume for these investment products stood at $2.97 billion on the day while the cumulative total net inflows since launch day stood at $39.23 billion. Notably, the slowdown in inflows into the investment products came along with Bitcoin ( BTC ) dipping 3% over the last 24 hours, exchanging hands at nearly $102k at press time. Kadan Stadelmann, CTO of Komodo Platform, previously told crypto.news that Trump’s early days in office could become a “sell the news” event. He noted that initial optimism in the crypto markets following Donald Trump’s election might fade, as anticipated policy changes were likely already priced in before he assumed office. You might also like: BlackRock CEO: Bitcoin could hit $700k, company buys $600m Bitcoin Meanwhile, following his inauguration, President Trump’s newly appointed interim SEC chair , Mark Uyeda, took swift action by launching a crypto task force on Tuesday. The task force led by Commissioner Hester Peirce aims to establish a comprehensive and clear regulatory framework for crypto assets. Commenting on this development’s impact, Matt Mena, Crypto Research Strategist at 21Shares, told crypto.news that the newly established crypto task force, led by Commissioner Hester Peirce, could pave the way for the approval of a wider variety of crypto ETFs, including those linked to SOL, XRP, LTC, DOT, and DOGE. Mena noted that the task force aims to “promote structured disclosure frameworks, practical registration paths, and enhanced regulator-industry engagement,” which could streamline the approval process for these crypto ETFs while creating a clearer path for broader crypto adoption. Read more: Bitcoin strategic reserve left hanging even as Trump takes office, what next?
Thu Jan 23 2025 7:00:40 AM
Trump's World Liberty Finance's strategic TRX acquisitions have sparked market excitement.
Thu Jan 23 2025 7:00:24 AM
Some brief context: Bitcoin burst up from glances of support at the $92,500 and $93,000 levels earlier this month. On Wednesday, Jan. 15th, the world’s first cryptocurrency flew over $100,000 in daily spot prices for the fourth time since December. This time, BTC may stay above medium-term support for the $100,000 mark. Strong whale moves in the old Satoshi blockchain’s assets and robust network activity are signal portents for the rally to continue. Peter Schiff Questions Bitcoin’s Value Meanwhile, EuroPacific Capital founder and chief global strategist Peter Schiff posted a note on X this week to remind readers that “Bitcoin is a meme coin.” But is that true? And if so, does it mean gold is nothing more than a “meme rock,” as one feisty reply said? Remember, Bitcoin is a meme coin. — Peter Schiff (@PeterSchiff) January 21, 2025 Meme coins are cryptocurrencies that feature a meme with a public and automated blockchain currency maintained by cryptographic security. In a 2022 article, the New York Times defined memes as “a piece of media that is repurposed to deliver a cultural, social or political expression, mainly through humor.” For example, President Donald Trump supporters recently launched a TRUMP meme coin on Solana. On January 21, the day of the incoming president’s inaugural, it was the top trending meme coin in the cryptoverse. Is BTC a Meme Coin? So, is Bitcoin a meme coin? According to Coinbase, meme coins “are cryptocurrencies often inspired by internet memes or trends.” But the financial crisis of 2008 inspired Bitcoin, not a meme or online fashion. According to Bankrate, “A meme coin is a type of cryptocurrency that draws its inspiration from internet memes, characters or trends.” However, Bitcoin draws its inspiration from cryptography and P2P networks for distributed databases. According to Investopedia, “A meme coin is a cryptocurrency named after characters, individuals, animals, artwork, or anything else in an attempt to be humorous, light-hearted, and attract a user base by promising a fun community.” Meanwhile, Bitcoin is not derivative of any character, individual, or artwork. It is original and one of a kind, just like every digitally serialized and protected bit of coin on its network. So, it seems as if Peter Schiff is just doing more Peter Schiff things. The post Peter Schiff on Bitcoin: ‘It’s Just a Meme Coin’ – Fact or Fiction? appeared first on CryptoPotato .
Thu Jan 23 2025 7:00:13 AM
In a significant development for the broader cryptocurrency market and ongoing digital asset adoption in the US and globally, the Chicago Mercantile Exchange (CME), the world’s largest derivatives marketplace, briefly added a futures page for XRP and Solana (SOL) to its staging subdomain. This move indicates preparations for an official announcement regarding the launch of futures contracts for these two leading cryptocurrencies, set to go live on February 10, pending regulatory review . XRP And SOL Futures On The Horizon? The futures page was briefly visible before being taken down, after a user on social media platform X (formerly Twitter) shared a screenshot revealing its content. The page highlighted that traders could engage in “regulated capital-efficient futures” for XRP and SOL, emphasizing the flexibility and risk management these contracts would offer. Specifically, the contracts are expected to be available in both standard and micro-sized formats, allowing investors to scale their exposure to these cryptocurrencies more precisely. Key features of the upcoming contracts include the ability to manage exposure to SOL and XRP through financially settled contracts in US dollars, eliminating the need for a crypto wallet. This setup positions the CME’s offerings within a regulated environment overseen by the Commodity Futures Trading Commission (CFTC), which is known for its transparent pricing and financial safeguards. James Seyffart, a Bloomberg expert, commented on the development, stating that the emergence of these futures contracts is both logical and anticipated, given the current market dynamics. However, despite the excitement surrounding the potential introduction of XRP and SOL futures, market reactions have been relatively muted. Investors appear to be awaiting further official confirmation from the CME before making significant moves. Short-Term Challenges, But Monthly Performance Remains Strong At the close of the day, XRP was trading at $3.15, while Solana remained at $249. Both tokens recorded slight losses of approximately 2% over the past 24 hours, reflecting a broader trend in the cryptocurrency market as traders await catalysts to drive prices upward. While the short-term outlook may seem challenging, both XRP and SOL have seen remarkable gains over the past month, with increases of 32% and 42%, respectively. Solana recently reached a new record high of $293 just before Donald Trump’s presidential inauguration, while XRP has made impressive strides, hitting a seven-year high of $3.38, though it still falls short of its previous peak of $3.40 from the 2018 market rally. As the market anticipates official confirmation regarding the CME’s futures contracts, the potential for XRP and SOL to enter a new price discovery phase remains. If these futures are officially launched, they could significantly impact trading activity and investor sentiment for both cryptocurrencies, paving the way for further institutional interest and market growth. Featured image from DALL-E, chart from TradingView.com
Thu Jan 23 2025 6:59:26 AM
Most TRUMP holders are retail investors with less than $100 in profits, while 60 whales have gained over $10 million, according to Chainalysis. The majority of crypto wallets holding the Official Trump ( TRUMP ) meme coin haven’t made much money. According to data by Chainalysis, over 77% of them have earned less than $100, while whales have pocketed over $10 million each. In an X thread on Jan. 23, the New York-headquartered blockchain forensic firm revealed that TRUMP and MELANIA ( MELANIA ) meme coins are mostly popular with small-time investors. “Over 80% of $TRUMP and/or $MELANIA holders are investors who hold less than $1k worth of assets on Solana,” the firm says. 6/8 In terms of 📈profits, over 77% of wallets that hold $TRUMP have earned $10M. It’s still early days, and this is #notinvestmentadvice pic.twitter.com/5ZFZW1hE3V — Chainalysis (@chainalysis) January 23, 2025 You might also like: Trump inauguration pastor gets slammed on X for launching a meme coin A detailed profit-loss breakdown shows the majority of wallets hovering around breakeven or earning less than $100. These retail investors dominate the market, with over 600,000 wallets falling in this bracket. On the other hand, only a handful of wallets — around 60 — hold the largest profits, surpassing $10 million in realized gains. “ most wallets that hold $TRUMP and/or $MELANIA hold less than $100 worth, suggesting retail buying activity. But there are also several wallets holding upwards of $100M.” Chainalysis Approximately half of the holders of TRUMP and MELANIA meme coins are new to the Solana ecosystem, the firm notes, adding that nearly 50% of these new holders “have never bought a Solana altcoin before.” Additionally, a big number of these holders created their wallets on the same day they purchased the tokens, the data shows. The analyst also pointed out that after minting 1 billion TRUMP meme coins, most of the supply went to just four wallets to hold or provide liquidity to exchanges. Meanwhile, the price of TRUMP dropped to $38.50 on Tuesday, Jan. 21, down by about 50% from its peak on Sunday, bringing the meme coin’s market valuation to approximately $7.6 billion. Data compiled by Nansen reveals that the most profitable TRUMP whales have sold most or all of their holdings to take profits. Read more: Bitcoin strategic reserve left hanging even as Trump takes office, what next?
Thu Jan 23 2025 6:58:41 AM
The Etherealize initiative aims to bridge traditional finance with blockchain, fostering institutional adoption of Ethereum. Helmed by Wall Street veteran Vivek Raman, it focuses on building institutional-grade tools for financial
Thu Jan 23 2025 6:52:24 AM
Bitcoin price today consolidates at No data found for bitcoin on 9 seconds ago on No data found for bitcoin on 9 seconds ago after dropping 7.30% from the all-time high of $110,000. BTC price is down No data found for bitcoin on 9 seconds ago% after hitting a daily high of No data found for bitcoin on 9 seconds ago. As the prices descend due to short-term volatility, it is important to note key support levels to accumulate as the long-term outlook remains bullish. Why is Bitcoin Price Crashing Today? Bitcoin price today is down No data found for bitcoin on 9 seconds ago% after hitting an all-time high (ATH) of $110,000 just three days ago. On Wednesday, the coin dropped 2.31% and is extending losses in the Asian session. If Bitcoin continues to drop, the key support levels to note include $100,000, $99,134, $98,187 and $96,851. Currently, BTC auctions around No data found for bitcoin on 9 seconds ago. Explore why the aforementioned levels are important for dip buying and why price forecast for Bitcoin is bullish in the later section of this article. *bitcoin price updated as of No data found for bitcoin on 9 seconds ago. The year-to-date gain hovers at 10% on January 23 as the value of BTC hovers around No data found for bitcoin on 9 seconds ago. Although many altcoins have easily surpassed Bitcoin’s performance, its outlook remains extremely optimistic due to the first pro-crypto president, the anticipation of a strategic Bitcoin reserve and many institutions following MicroStrategy’s path to accumulate BTC. All of these fundamental developments suggest that there is more room to grow before the bull run hits a new high. Although Bitcoin is the largest cryptocurrency by market capitalization, its popularity is due to its first-mover advantage and its being a secure, decentralized network. In addition, many narratives, like digital gold, inflation hedges, and uncorrelated assets, have kept BTC at the forefront of the crypto market since its inception in 2009. But will this advantage push Bitcoin’s price to end this month with positive returns? Can BTC Extend Close January 2025 on a Positive Note? More than a decade’s worth of historical data shows that the first quarter is bullish with an average return of 56%. If history repeats, BTC could close January 2025 on a positive note. As noted above, Bitcoin price is already up 10% in the past 23 days is likely to grow more. As noted in previous CoinGape publications, the next ATH for Bitcoin could be around $120K. If this target is hit, Bitcoin’s market capitalization, which currently stands at No data found for bitcoin on 9 seconds ago, could reach $2.4 trillion. Bitcoin’s Market Capitalization While Bitcoin’s market cap hovers around No data found for bitcoin on 9 seconds ago, with Ethereum, the duo controls nearly 65% of the total cryptocurrency market capitalization. Despite the seven-month consolidation, Bitcoin’s $1.93 trillion market cap remains strong, anticipating it reaching $2 trillion before 2025. BTC: A composition of 24-hour Trading Volume Being the top crypto has its benefits; more people tend to flock toward the asset. Likewise, BTC’s 24-hour trading volume stands at No data found for bitcoin on 9 seconds ago. Binance, one of the largest cryptocurrency exchanges, contributes a major portion of this volume. According to CoinGecko Binance’s share of BTC’s 24-hour trading volume comprises spot and perpetuals trading. While spot volume hovers around 11%, perpetual volume is 41%. Exchanges like OKX, Bitget, etc, follow Binance. Key Bitcoin Upgrades With a market cap of $1.93 trillion, it is necessary for the network to remain secure, decentralized, and scalable. This is possible by upgrading the Bitcoin network regularly. Here are some notable upgrades the Bitcoin network has received or planned to receive since its inception in 2009. Bitcoin Network Upgrades Since 2009 Here are some key milestone upgrades to the Bitcoin network over the past decade. 2020-2024: Taproot Upgrade (2021): Improved Bitcoin’s smart contract functionality, allowing for more complex transactions and enhanced privacy.Muir Glacier Upgrade (2020): Delayed the “ice age” that would have slowed down the network, ensuring the continued smooth operation of Bitcoin. 2017-2019: Segregated Witness (SegWit) Upgrade (2017): Increased the block size limit, allowing for more transactions to be processed on the network, and improved the overall scalability of Bitcoin. Schnorr/Tapscript Upgrade (proposed): Aims to further improve the efficiency and scalability of Bitcoin transactions, but has not yet been activated. SegWit2x (canceled): A proposed upgrade that aimed to increase the block size limit, but was ultimately canceled due to lack of consensus. 2015-2016: Bitcoin Core 0.12.0 Upgrade (2016): Introduced several improvements, including better wallet management and enhanced security features. BIP66 Upgrade (2015): Standardized the way Bitcoin transactions are verified, improving the overall security and reliability of the network. 2013-2014: Bitcoin Core 0.9.0 Upgrade (2014): Introduced a new wallet format and improved the overall performance of the Bitcoin client. BIP0016 Upgrade (2013): Enabled the use of payment protocol, allowing for more efficient and secure transactions. 2010-2012: Pay-to-Script-Hash (P2SH) Upgrade (2012): Introduced a new type of transaction that allows for more complex payment scenarios, improving the overall flexibility of the Bitcoin network. Bitcoin Core 0.6.0 Upgrade (2011): Introduced several improvements, including better wallet management and enhanced security features. 2009-2010: Bitcoin Core 0.3.0 Upgrade (2009): One of the earliest upgrades to the Bitcoin network, introducing several key features and improvements. The post Bitcoin Price Crash: Key Levels To Buy BTC Before ATH of $120K appeared first on CoinGape .
Thu Jan 23 2025 6:52:15 AM
Bitwise has officially submitted a registration filing for a dogecoin exchange-traded fund (ETF) as memecoin demand grows within the market. A "Bitwise Dogecoin ETF" was submitted late Wednesday and appeared on the Department of State's Division of Corporations in the U.S. state of Delaware. Such filings may often be a spoof, but Bitwise confirmed the registration in a message to The Block . https://x.com/EricBalchunas/status/1882202309293433217 That came on the back of investment managers Rex Shares and Osprey Funds filing paperwork for several crypto exchange-traded funds (ETFs), including one for dogecoin. An ETF approval by regulatory bodies like the SEC would provide dogecoin with institutional validation, potentially attracting more conservative investors to the memecoin. Increased demand could drive up DOGE prices if the product captures even a small fraction of the inflows seen by bitcoin ETFs (over $50 billion in the past year). DOGE is the world’s largest memecoin with a market capitalization of $52 billion as of Thursday. It has more than tripled in the past year as a speculative token that follows bitcoin’s gains and, more recently, the creation of a Department of Government Efficiency in the U.S. Abbreviated D.O.G.E, the non-governmental agency is led by technocrat Elon Musk and aims to reduce government spending while streamlining Federal worker operations. It was first proposed in mid-October and officially acknowledged during Donald Trump’s swearing-in ceremony on Monday. D.O.G.E’s website briefly displayed a dogecoin token logo on Tuesday, which was later updated to display just its name. Still, the apparent connection to the memecoin has spurred demand among traders, who may use DOGE as a bet on the work the D.O.G.E agency does.
Thu Jan 23 2025 6:52:13 AM
The post Etherealize: Ethereum’s Bold Move to Attract Institutional Investors Amidst Criticism appeared first on Coinpedia Fintech News At a time when the Ethereum Foundation is facing strong criticism for its alleged failure to support its network developers, a new Ethereum-focused startup, Etheralize, which aims to promote Ethereum to institutional investors, has been launched by Vivek Raman, with the support of Ethereum Co-Founder Vitalik Buterin and the foundation. Etherealize: Ethereum’s New Institutional Liaison Etheralize, officially launched on January 22, presents itself as an “institutional marketing and product arm” of the Ethereum ecosystem. Experts believe that the new startup can help Ethereum to overcome the challenges posed by Bitcoin. While speaking to media persons, Raman expressed his confidence about the future of Ethereum, stating “Ethereum is the only blockchain that stood the test of time.” Community Criticism of the Ethereum Foundation As said earlier, the Etheruem community has levelled several serious criticisms against the Ethereum Foundation lately. Primarily, it has questioned the foundation’s alleged mismanagement of its $900 million Ether holdings. Importantly, the community has expressed their unhappiness about the foundation’s alleged failure to support its developers. Notably, it has expressed concerns about the alleged inability of the network to challenge the threats posed by its top competitors like Solana and XRP. In the last one year, Etheruem has grown by 37.1%, while Solana and XRP have surged by 192% and 494%, respectively. Vitalik Buterin’s Stance on Leadership Criticism Interestingly, Buterin, though he has welcomed certain constructive criticisms, has strongly denounced all the destructive and aggressive criticisms levelled against the leadership, particularly against Aya Miyaguchi. Recently, a prominent developer, Nick Conner resigned from Etheruem, citing leadership misalignment with community desires. In conclusion, Etherealize’s launch represents a strategic push to position Ethereum as a leading blockchain for institutional adoption. However, the ongoing leadership and community challenges highlight the need for a united vision to maintain Ethereum’s competitiveness in the rapidly evolving crypto space.
Thu Jan 23 2025 6:48:06 AM
The post XRP Price Prediction For January 23 appeared first on Coinpedia Fintech News XRP is at a crucial juncture, with its price either poised for a massive breakout or possibly marking the end of an internal corrective rally. The scenario could play out in two ways: a bullish continuation to the upside or a corrective pullback. Both scenarios are part of an overall bullish outlook as XRP may be undergoing a wave two correction. At the time of writing, XRP is trading at $3.14 and is down by more than two percent in the last 24 hours. Bullish Outlook and Key Support Levels: In the most optimistic case, the price could be forming a wave one move up followed by a wave two pullback that may have already bottomed around $2.79. The important level to watch is the $2.52 mark, which acts as a key support zone. A break below $2.52 would invalidate the bullish scenario and point toward a more bearish outlook, with further downside potential. Challenges to Immediate Breakout: The current price action is somewhat unclear. While XRP has held key support levels, it remains below its all-time high, and the price action since January 20th has been choppy and overlapping. This suggests that while the bullish case remains intact, there may still be some consolidation or a retest of support before any sustained breakout. Potential for Sideways Movement: XRP’s price may continue to consolidate between $2.50 and $3.40. While this range could be seen as “noise,” it’s important to monitor the $3.40 level as a key resistance. A breakout above that would signal the next leg up in this bullish scenario. On the other hand, if XRP fails to break higher and dips below the $2.52 level, it would signal that a corrective wave is still unfolding.
Thu Jan 23 2025 6:46:50 AM
The Chicago Mercantile Exchange (CME) inadvertently sparked interest in cryptocurrency futures after a beta site listed XRP and Solana, but has since clarified that this was an error. After this
Thu Jan 23 2025 6:46:34 AM
Chief Advisor Harry Jung has been appointed to lead the US Commodity Futures Trading Commission (CFTC) in its…
Thu Jan 23 2025 6:44:43 AM
The post Bitcoin Price Prediction for Jan 23: Is a Drop to $91K on the Horizon? appeared first on Coinpedia Fintech News After the Bitcoin (BTC) price closed Wednesday in a black Marubozu candlestick, it is evident that the bearish outlook is gradually gaining ground. The flagship coin was rejected at a crucial resistance range between $107k and $109k, thus forming a short-term reversal pattern. Bitcoin Price Today In the four-hour time frame, Bitcoin price has been forming a possible head and shoulders (H&S) pattern, coupled with a falling divergence of the Relative Strength Index (RSI). In case of further short-term bearish sentiment, Bitcoin price will find a solid support range between $101k and $99.5k. In the daily time frame, a potential macro reversal pattern, characterized by a double top and bearish divergence, has been forming since early December 2024. In this regard, Bitcoin price could drop in the lower border of a horizontal channel around $91k. Conflicting Market Outlook Following the glamorous inauguration of pro-crypto US President Donald Trump, the cryptocurrency’s bullish outlook has significantly cooled down, possibly due to the sell-the-news narrative. Although long-term investors – led by MicroStrategy, and BlackRock – have continued to relentlessly accumulate more Bitcoins, short-term traders have continued to shift focus to the highly anticipated altcoin season. Meanwhile, tomorrow’s BoJ’s policy rate announcement among other high-impact news will likely guide traders on next week’s Federal Reserve’s interest rate policy change. The unpredictability of the Trump administration has increased the market complexity amid the recent higher-than-expected inflation data.
Thu Jan 23 2025 6:40:43 AM
Ripple CEO Brad Garlinghouse recently attended a series of high-profile events in Washington, D.C., where he met with James David Vance, the Vice President of the United States. This engagement follows his earlier meeting with President Donald Trump during events surrounding Trump’s inauguration as the 47th President of the United States. In a tweet shared by Garlinghouse, he highlighted these significant meetings, including D.C.’s first “Crypto Ball,” a session at the Capitol, and separate dinners with Trump and Vance. He expressed optimism about the evolving regulatory landscape for crypto in the United States, stating, “there’s palpable excitement for all the good that’s possible leveraging crypto and blockchain… here in the US (finally!) and globally” Still riding high from all the Inauguration events in DC this weekend! From the Crypto Ball, to the VP dinner, to the POTUS dinner, to sitting in the Capitol yesterday – there’s palpable excitement for all the good that’s possible leveraging crypto and blockchain… here in the… pic.twitter.com/VzIVoYuo7v — Brad Garlinghouse (@bgarlinghouse) January 21, 2025 Positive Reactions from the XRP Community The news of Garlinghouse’s interactions with Vice President Vance and President Trump has generated excitement among members of the XRP community. A photograph of Garlinghouse with Vance, taken during one of the events, has been widely shared and celebrated on social media platforms, particularly on X (formerly Twitter). In addition, a video clip showing Garlinghouse and Vance exchanging greetings at Trump’s Candlelight Dinner, held on the eve of the inauguration, has been circulating online. The increased visibility of these interactions has sparked optimism within the XRP community, with many interpreting them as positive developments for the broader ecosystem. Garlinghouse’s meeting with Trump earlier this month also drew significant attention. A widely shared image featuring Trump, Garlinghouse, and Ripple Chief Legal Officer (CLO) Stuart Alderoty has further fueled speculation about the company’s engagement with the new administration. Ripple’s Financial Contributions and Strategic Objectives Ripple has also made notable contributions to political and inaugural events associated with the Trump administration. While Ripple did not directly fund Trump’s reelection campaign, Stuart Alderoty personally contributed 624,000 XRP —worth approximately $300,000 at the time—to a Super PAC supporting Trump. Additionally, according to a Fox Business report , Ripple donated $5 million to support Trump’s inauguration ceremony after his electoral victory. These financial contributions and the high-level meetings with key figures in the new administration have led to speculation that Ripple may be lobbying for favorable outcomes related to its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). Alderoty has expressed confidence that the Trump administration could move to dismiss the lawsuit, which he has previously described as baseless. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Rumored National XRP Reserve Amid these developments, rumors have surfaced regarding the potential establishment of a U.S.-based crypto reserve under the Trump administration. Reports suggest that Trump’s team is exploring the creation of an “America-first” reserve for domestic crypto assets, with XRP reportedly being among the assets under consideration. This proposed reserve, if implemented, would align with Trump’s vision for a national Bitcoin stockpile, which has also been rumored. However, no formal announcements have been made regarding these initiatives, and Trump has yet to confirm any plans to include XRP in such a reserve. As Ripple continues its push for regulatory clarity and a resolution to its legal challenges, these interactions underscore the company’s active role in shaping the future of the cryptocurrency industry in the United States. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Ripple CEO Meets the United States Vice President James David Vance appeared first on Times Tabloid .
Thu Jan 23 2025 6:40:40 AM
The post Why Is Crypto Down Today? appeared first on Coinpedia Fintech News The crypto market today is currently undergoing a pullback as marketers speculate President Donald Trump’s oath taking being a “sell the news event”. As a result, the market cap of the business has sunk by 2.98% to $3.53 trillion since yesterday. The trading volume too slipped by 24.92%, settling at $147.07 billion. However, what comes as a surprise is that the Fear & Greed Index continues to sit at a “Greed” score of 60. Bitcoin Faces ETF Outflows As Broader Market Declines Bitcoin price has dropped from its 24 hour high of $105,908.98, to its press time price of $102,465.93. The price dip aligns with $95.62 million worth of outflows in Bitcoin ETFs, recorded on 22nd January 2025. That being said, Bitcoin’s market dominance remains grounded at $2.03 trillion, although the trading volume took a hit of 22.97%, to $59.01 billion. Concerned about Bitcoin’s next price target? Read our Bitcoin (BTC) Price Prediction 2025, 2026-2030 Altcoins Follow BTC’s Suit? Ethereum, price has declined by 3.23%, trading at $3,214.02. Solana and XRP followed closely, with losses of 2.56% and 0.83%, respectively. In contrast, a few altcoins like PENGU (+6.67%), XDC Network (+4.15%), and Gate Token (+3.74%) have emerged as top gainers, bucking the trend. However, the losers’ list was dominated by AI16Z (-22.11%), MELANIA (-19.40%), and FARTCOIN (-18.65%). Interested in stacking some ETH, but worried about its future? Read our Ethereum Price Prediction 2025, 2026-2030 NOW! That being said, the market’s decline appears to be a mix of profit-taking and reduced volumes, particularly in major assets, hinting at a consolidation phase. Subscribe to stay tuned for daily insights into the ever-evolving cryptocurrency landscape! FAQs 1. Why is the crypto market down today? The cryptocurrency market has declined due to significant Bitcoin ETF outflows, reducing trading volumes, and fear over global events like Trump’s future crypto decisions impacting sentiment. 2. What is Bitcoin’s current market performance? Bitcoin has dropped 3.07% in the last 24 hours, trading at $102,465.93. It has seen a 22.97% reduction in trading volume amid ETF outflows. 3. Which cryptocurrencies are the top gainers today? The top gainers include PENGU (+6.67%), XDC Network (+4.15%), and Gate Token (+3.74%).
Thu Jan 23 2025 6:38:51 AM
The ongoing legal battle between the SEC and Ripple continues to make waves across the cryptocurrency industry, with significant implications for investor protections. Better Markets, a Washington-based nonprofit advocating for
Thu Jan 23 2025 6:38:18 AM
DUBAI , UAE , Jan. 23, 2025 /PRNewswire/ — Bybit , the world’s second-largest cryptocurrency exchange by trading volume, officially marks the 3rd anniversary of its P2P platform with a celebration of user achievements. The Grand Finale campaign runs through Feb. 2025 , featuring a 100,000 USDT prize pool. This final reward phase caps off Bybit P2P’s series of festive giveaways that began in late 2024. The platform achieved major milestones in 2024, reaching a single-day record of 400,000 active users and a daily trading volume peak of $130 million , demonstrating its growing appeal among P2P traders globally. From now to Feb. 28, 2025 , Bybit P2P users stand to get to make the most out of their trades and share their achievements for rewards in two events: Trade to Enter the Lucky Draw: Users may sign up for the event , complete simple tasks to qualify for Lucky Draw Tickets. Prizes include Apple products and bonuses in airdrops . First-time depositors will also receive a 10 USDT P2P coupon for the first deposit of 20 USDT. Spread the Joy for More Rewards: Bybit P2P is honoring individual members of the community by introducing the personalized Bybit Annual Report , generated upon request by users. Each Bybit Annual Report showcases the user’s 2024 achievements and performance on Bybit P2P. Eligible users can win from a 10,000 USDT prize pool by sharing their report with the hashtag #BybitP2PTrading and completing a reward redemption form . “We are bringing the celebrations home with a focus back on our customers,” said Joan Han , Sales and Marketing Director at Bybit. “The rewards and recognition are dedicated to each one of our Bybit P2P users, and we hope to share in a moment of reflection of their trading journey and successes in the past year.” Bybit P2P is committed to delivering personalized rewards that cater to the unique needs of different user segments. From now to Feb. 11, 2025 , the Bybit P2P Peer Spin Carnival is offering a 20,000 USDT prize pool exclusively for select markets in South Asia . This limited-time campaign runs in parallel to the Bybit P2P 3rd anniversary celebrations, where eligible users can win prizes ranging from popular memecoins to 0.001 BTC by simply registering, completing simple tasks, and participating in the lucky draw. P2P trading helps democratize finance by allowing users to buy and sell cryptocurrencies directly with each other, and on Bybit P2P , using their preferred local payment methods with access to Bybit’s 24/7 user support. Through Bybit’s P2P platform, users from diverse economic backgrounds can participate in the digital economy with minimum intermediaries. Bybit P2P’s user-friendly interface and comprehensive features and offerings continue to serve a thriving global community, making digital assets more accessible to everyone. Registration is required, and terms and conditions apply: The Grand Finale: Bybit P2P 3rd Anniversary Celebration . #Bybit / #TheCryptoArk / #BybitP2P About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com . For more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.com For updates, please follow: Bybit’s Communities and Social Media Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
Thu Jan 23 2025 6:35:12 AM
CME denied information about XRP and Solana futures trading as incorrect. The erroneous data led to temporary price increases in the cryptocurrency market. Continue Reading: CME Clarifies Misleading Information on XRP and Solana Futures The post CME Clarifies Misleading Information on XRP and Solana Futures appeared first on COINTURK NEWS .
Thu Jan 23 2025 6:34:31 AM
Those gains leveled out some by mid-afternoon US Central Time. Worldcoin’s WLD tokens were the tallest green candle for the day on Wednesday, with a 12% daily surge. Hyperliquid’s HYPE (8.6% gains) and Raydium’s RAY (8% gains) were the second and third most bullish tokens for the day. A few places down on the leaderboard was Fartcoin. Traders probably don’t want their Hyperliquid anywhere near that. So why was the Worldcoin price pumping on Wednesday? Why Did Worldcoin Price Pump on Wednesday? President Donald Trump announced in a press conference on Tuesday that he wants the government to make a $500 billion grant in an AI project led by OpenAI. Of course, OpenAI is doing more than large language models with ChatGPT. In fact, its Worldcoin project may be more ambitious. OpenAI founder Sam Altman plans to dominate biometrics with cryptographically secured iris scans. The project pays participants in WLD tokens. On Tuesday, Trump announced he wants the government to invest $500 billion in a new OpenAI project called Stargate, so the artificial intelligence sector can go on a hiring spree. That statement probably had something to do with this cryptocurrency’s big moves on Tuesday and Wednesday. But investors should be wary about a thing or two related to this trade. DOGE-Loving Musk Opposes Gov Grant To begin with, Stargate and Worldcoin are not exactly the same thing, and they are only loosely related through OpenAI. So, an investment in Worldcoin at this time may be more based on the recent news cycle than long-term market leverage. Moreover, Elon Musk, the key influence in the new White House other than the president himself, opposes the newly announced plans to invest $500 billion in a project led by OpenAI. So, these plans may not come to fruition. “They don’t actually have the money,” Musk wrote in a post on X. “SoftBank has well under $10B secured. I have that on good authority.” A grant from the White House of that size to a single private company would certainly be questionable on the grounds of government efficiency. Worldcoin isn’t the only splash the White House has made in cryptocurrency this week. Dogecoin’s price erupted 15% within minutes Tuesday after the website for the Department of Government Efficiency went live. Meanwhile, analysts are rife with bullish Dogecoin predictions. The post Why Did Worldcoin (WLD) Price Pump on Wednesday? appeared first on CryptoPotato .
Thu Jan 23 2025 6:32:16 AM
The lawmakers are especially concerned about the launch of the TRUMP meme coin and its potential risks to national security and ethical standards. Waters criticized the timing of the coin’s launch and warned that it could serve as a financial backdoor for bad actors, while Representative Gerald Connolly called for an investigation into Trump’s crypto ventures, including the World Liberty Financial platform. Meanwhile, speculation suggests that the Trump family could deepen their involvement in crypto. Maxine Waters Questions Trump's Crypto California Representative Maxine Waters, the ranking Democrat on the US House Financial Services Committee, voiced some serious concerns about President Donald Trump’s meme coin launch. She suggested that it could pose risks to national security and open the door to corruption. During a Jan. 22 committee meeting, Waters criticized the Republicans’ oversight plan for the 119th Congress, which she claimed ignored the need for scrutiny of cryptocurrency firms and financial institutions, including the activities of the sitting president. Waters pointed out the troubling timing of the TRUMP token launch, which happened just two days before Trump’s inauguration. She also suggested that the project could serve as a financial backdoor for sanctioned individuals, hostile governments, and other bad actors to channel money directly to Trump and his associates. Additionally, the Republicans’ plan does not address potential conflicts of interest arising from these kinds of activities. (Source: US House Committee on Financial Services ) French Hill, the new Republican chair of the committee, outlined his party’s plan to focus on providing legal clarity for digital assets and expanding financial literacy. While Hill and his party plans on encouraging innovation in decentralized finance, Waters accused the former president of exploiting his position of power for personal financial gain through the meme coin. In fact, the TRUMP token reportedly boosted Trump’s personal wealth quite a bit, and he has already faced backlash from crypto enthusiasts and Trump supporters criticizing it as a blatant cash grab. Waters also recently warned that the meme coin could be a vehicle for a potential “rug pull,” that might leave investors at risk if insiders suddenly decided to sell their stakes. Despite these warnings, the TRUMP token surged more than 400% in value since its launch. Lawmaker Demands Probe into Trump's Crypto Ventures Another Democratic lawmaker urged the US House Committee on Oversight and Government Reform to investigate whether President Donald Trump’s crypto ventures conflict with his responsibilities as president. In a letter from Jan. 21, Representative Gerald Connolly from Virginia raised concerns about Trump potentially profiting from his World Liberty Financial (WLF) platform and the Official Trump (TRUMP) meme coin, and suggested that these activities may breach ethical standards and pose national security risks. Connolly’s letter Connolly singled out WLF as especially concerning because its largest investor , Tron founder Justin Sun, has been charged with securities fraud by the US Securities and Exchange Commission (SEC). Sun’s $75 million investment in WLF allowed Trump’s business to surpass its revenue threshold, potentially funneling cash directly to the president. Connolly warned that financial entanglements like this raise serious concerns about foreign influence on US policy. He called on the Oversight Committee to tackle these issues, and argued that failure to act quickly will undermine the committee’s credibility and its ability to enforce ethical standards. Connolly also criticized Trump’s disregard for the Presidential Ethics Reform Act, which mandates financial disclosures and conflict-of-interest checks. The controversy surrounding Trump’s crypto ventures intensified after the launch of the TRUMP meme coin. A few eyebrows were also raised after Trump was questioned about the meme coin during a press conference on Jan. 21. Trump proudly admitted to having very little knowledge about the token. Ethereum Business in Trump Family’s Plans? Despite the concerns that were raised by lawmakers and the crypto industry in general, the Trump family may now be preparing to deepen its involvement in the crypto sector by launching an Ethereum-based business. Speculation grew after Joseph Lubin , Ethereum co-founder and founder of Consensys, hinted at this possibility in a Jan. 21 post , which suggested that the Trump administration could integrate Ethereum technology into government activities, similar to the use of internet protocols. Lubin pointed to recent Ether purchases by Trump’s World Liberty Financial platform as a potential indicator of future plans. Arkham Intelligence data revealed that a WLFI-labeled wallet holds about 56,121 ETH, which is valued at more than $180 million. Ethereum is its largest holding after Circle’s USD Coin (USDC) stablecoin. World Liberty Financial ETH holdings (Source: Arkham Intelligence ) The Trump administration’s involvement in crypto could also bring some much needed regulatory clarity to the industry that could encourage the convergence of traditional finance and blockchain technology. Franklin Templeton CEO Jenny Johnson and Bitget Research chief analyst Ryan Lee both believe that clearer regulations could boost market legitimacy and pave the way for financial innovations like crypto-based ETFs and tokenized assets. However, they also warned of challenges like increased compliance costs, security risks, and market volatility. At the same time, the Trump family’s meme coins are raising concerns about potential legal and regulatory challenges. Anndy Lian , an intergovernmental blockchain adviser, cautioned that these tokens might blur the lines between celebrity, politics, and finance, which could potentially prompt the SEC to enforce even stricter regulations. Without clear guidelines, the market could face increased risks of manipulation, scams, and volatility, which might undermine the credibility of cryptocurrencies entirely. Coinbase Resolves Backlog Issue Trump meme coins are not just wreaking havoc on the nerves of lawmakers. Coinbase CEO Brian Armstrong announced that the Solana backlog issue, which caused transaction delays of up to 21 hours, has been resolved. In a Jan. 22 post , Armstrong apologized to Coinbase users for the inconvenience and encouraged those with canceled transactions to retry. The congestion was caused by the frenzy surrounding the launch of Donald Trump’s TRUMP meme coin, as traders rushed to purchase the token. The TRUMP meme coin launch also caused a surge in traffic on the Solana network on Jan. 20, which overwhelmed applications but luckily did not cause a network outage. The event had a huge impact on Solana, and drove the price of SOL to an all-time high on Jan. 19. Solana’s total value locked rose to $13.9 billion, according to DefiLlama , while network transaction fees spiked to reach $17.8 million on Jan. 19 and $11.7 million on Jan. 21. For comparison, daily transaction fees in December of 2024 ranged between $2.7 million and $5.25 million. Solana’s price action over the past week (Source: CoinMarketCap ) Data from CoinMarketCap revealed that Solana’s market capitalization grew to approximately $127 billion during the rally. The meme coin frenzy also fueled interest in crypto overall as Google search volumes for terms like “buy Solana,” “buy crypto,” and “Coinbase” hit peak levels during the week of Jan. 19. “Buy Solana” reached a score of 100 on Google Trends, which is the highest possible search interest.
Thu Jan 23 2025 6:31:00 AM
Crypto fans who love Bitcoin and Ripple are now showing big support for Remittix. At $104,750, Bitcoin (BTC) rose +3.03% in the last day, although trading volume dropped -30.5% to $74.67 billion. Meanwhile, Ripple (XRP) trades near $3.16, marking a -5.93% dip in 24 hours. In contrast, Remittix (RTX) has gained over +40% this month. Many say it focuses on fast cross-border transfers, making it a standout choice for practical crypto payments. As Bitcoin cements its role, some Ripple supporters hope banking ties will boost adoption. Yet both groups see a new star: Remittix. Thanks to ultra-low fees and speed, Remittix (RTX) might solve the biggest flaw in current transactions—how to get funds around the world quickly without huge costs. Why Bitcoin and Ripple Fans Are Embracing Remittix Many Bitcoin holders value its track record, while Ripple holders like corporate partnerships. Yet neither coin fully answers the need for fast cross-border transfers at ultra-low fees. That’s where Remittix steps in. By allowing near-instant global payments, Remittix (RTX) could attract both BTC enthusiasts and XRP loyalists who want a more direct solution. Although Bitcoin still leads by market cap, it can be slow and pricey during busy times. ripple tries to fix speed, but often focuses on working with large banks. Remittix takes a different path: it offers everyday consumers the chance to move funds at a fraction of normal costs. People watching BTC or XRP see Remittix (RTX) as a strong contender to outperform, given its user-friendly setup. Remittix Outshines Traditional Transfers While Bitcoin has soared above $100,000, some worry about fees during peak use. At the same time, Ripple (XRP) aims for big finance deals but hasn’t fully captured the retail remittance market. Remittix goes straight to the heart of the issue: letting anyone swap crypto for local currencies fast. Reports show Remittix (RTX) can reduce average transfer costs by up to 50%. If speed and savings drive adoption, Remittix might grow faster than both Bitcoin and Ripple in smaller transactions. Some analysts predict Remittix (RTX) could jump another +30% by next quarter if more users try its instant conversion feature. This focus on fast cross-border transfers stands out in a market crowded with coins that lack real-world benefits. Long-Term Potential for 2025 By 2025, fans of Bitcoin (BTC) expect further institutional buys, while supporters of ripple (XRP) count on improved regulations to boost value. But both groups also recognize tokens that solve daily financial needs can see more stable growth. Remittix addresses this by making transactions quick, secure, and cheap. Because Remittix (RTX) focuses on real utility, it may achieve broader adoption than coins known only for brand or hype. If continuous improvements keep fees low and transfers instant, Remittix might surpass older coins in everyday use. Experts say solving practical problems often leads to lasting gains, something that could allow Remittix to outperform more established tokens. Conclusion Whether you favor Bitcoin or ripple, it’s hard to ignore Remittix and its user-focused approach to fast cross-border transfers. With BTC near $104,750 and XRP around $3.06, each has its own strengths. Yet Remittix (RTX) might bring the biggest shake-up by catering to daily financial needs. For those seeking a token that could offer long-term value beyond simple hype, Remittix stands out as the go-to choice. Ready to explore Remittix further? Join the Presale Follow Remittix on Socials
Thu Jan 23 2025 6:30:59 AM
The crypto world is buzzing more than ever as 2025 kicks off, with a ton of new projects vying for attention. Bitcoin and Ethereum are still holding strong, but a wave of innovative coins are popping up, and if you’re an investor, now’s the time to tune in. With the rise of decentralized finance (DeFi), non-fungible tokens (NFTs), and Layer-2 solutions, crypto has evolved far beyond what anyone imagined a few years ago. So, what’s the deal with these new, exciting projects? Well, if you’re looking to invest in the top crypto assets this year, there’s a handful of coins making waves, and you don’t want to miss out on them. From improving the way we connect online to offering solutions for some of the most pressing issues in the crypto space, these new projects are showing why they’re worth your attention. Among them, Qubetics ($TICS) stands out with its incredible potential, thanks to its Decentralized VPN solution, which could reshape how we think about internet privacy and security. Unlike many of its predecessors, Qubetics focuses on offering real-world applications that cater to both businesses and individuals. But that’s not all—another major contender in the race of top crypto assets is Render. Render brings a much-needed solution to the creative industry by decentralizing cloud computing. In this article, we’ll dive into both of these projects, break down what makes them stand out, and discuss why they’re some of the top crypto assets to watch in 2025. Stick around, and let’s explore what makes these projects so exciting—and why they’re worth your investment. Qubetics: Revolutionizing Internet Privacy with Decentralized VPN Qubetics is not your average crypto project. While many coins out there focus on quick profits and flashy marketing, Qubetics is taking a serious approach to solve some real-world problems. One of its standout features is its Decentralized VPN , which addresses the growing concerns over online privacy and security. For those of you who’ve ever felt uncomfortable with your data being tracked, sold, or just sitting out there in the open, Qubetics has got your back. The Decentralized VPN powered by the Qubetics platform uses blockchain technology to provide a level of anonymity that centralized VPNs simply can’t match. Think about it: today, VPNs are used by millions of people who want to protect their data, maintain privacy, or just access content that’s blocked in certain regions. But even with all the benefits of a regular VPN, they’re still controlled by central authorities that can log user activity or be vulnerable to data breaches. Now, imagine a world where a Decentralized VPN lets you securely browse without any middlemen, keeping your data completely safe and untraceable. That’s exactly what Qubetics is bringing to the table. Whether you’re a small business owner trying to protect sensitive data, a freelancer in need of safe communication, or just a regular person who values privacy, Qubetics is a game-changer. The excitement around Qubetics is evident in its ongoing presale. Currently in its 18th stage, the presale has already sold more than 430 million $TICS tokens, raising over $10.2 million from more than 15,500 holders. At the current price of $0.0551 per token, this is an excellent opportunity to get in early. And here’s where it gets even better: analysts are predicting a massive rise in $TICS’s value, with expectations that the token could hit $0.25 by the end of the presale, delivering a 353% return on investment. After the presale ends, $TICS is expected to soar even higher, with price predictions ranging from $1 to $15 per token—offering investors a potential return of up to 27,103%. Talk about making waves! If you’re looking for one of the top crypto assets to buy in 2025, Qubetics should definitely be on your radar. Render: Decentralizing Cloud Computing for Creatives Now, let’s take a look at Render, a project that’s been gaining traction in the crypto space by addressing a key pain point in the creative industry: the cost and accessibility of cloud computing resources. Render is all about making cloud computing more decentralized, giving creatives and developers access to computing power without the high costs or limitations that come with traditional centralized services. This is huge for industries like 3D rendering, animation, and gaming, where massive amounts of computing power are needed to render complex graphics. By decentralizing this process, Render is opening up new possibilities for creative professionals who need access to high-end computing but don’t have the capital to buy expensive equipment or pay for pricey cloud services. Render’s unique approach allows users to share their idle computing power with others on the network, creating a decentralized market where individuals can rent out unused GPU resources. This not only makes it more affordable for artists and developers to access the computing power they need, but it also helps reduce waste in the process. For example, let’s say you’re an indie game developer, and you need to render some 3D animations for your project. Instead of buying an expensive server or paying for a costly cloud subscription, you can simply use Render’s platform to rent out computing power from other users. This is a win-win situation for both the creative professionals who get affordable access to resources and for those who provide their computing power, earning $RNDR tokens in return. Render’s $RNDR token has already been making waves, and with the rise of blockchain technology in creative industries, it’s poised for even more growth. While analysts are still predicting a steady growth pattern for Render, the value of $RNDR is expected to continue rising as more creators and developers hop on board. If you’re looking for a project that’s truly disrupting an industry while offering a practical solution, Render should be on your list of top crypto assets to keep an eye on in 2025. Why Qubetics and Render Are Among the Top Crypto Assets to Buy Both Qubetics and Render are bringing something new to the table, making them standout candidates for anyone looking to invest in the top crypto assets of 2025. While Render is changing the game for creatives by decentralizing cloud computing, Qubetics is setting a new standard for online privacy with its decentralized VPN solution. What’s more, both projects have clear use cases and are addressing real-world problems that are only becoming more urgent as the digital world grows. When it comes to investment potential, both projects have a lot to offer. Qubetics, with its ongoing presale, is already seeing massive growth, with predictions that $TICS could hit up to $15 after the mainnet launch. Render, on the other hand, is positioned to continue growing as more creative professionals realize the benefits of decentralized cloud computing. If you’re looking to invest in top crypto assets that not only promise strong returns but also have the potential to change industries, both Qubetics and Render are excellent options. Conclusion: Don’t Miss Out on These Top Crypto Assets With 2025 shaping up to be a landmark year for the crypto space, it’s clear that Qubetics and Render are among the top crypto assets to keep an eye on. Whether you’re interested in protecting your privacy with a decentralized VPN or exploring new possibilities in cloud computing for creatives, these projects offer real-world solutions that set them apart from the pack. As we’ve seen, the potential for growth in both projects is massive, so don’t wait around—jump in now and be part of the revolution. Top crypto assets like $TICS and $RNDR are poised for big things, and if you’re smart, you’ll get in early. So, what are you waiting for? The future of crypto is here—make sure you’re part of it. For More Information: Qubetics: https://qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics The post Could Not Catch Render’s Rise? The Top Crypto Assets Like Qubetics Are Your Next Opportunity appeared first on TheCoinrise.com .
Thu Jan 23 2025 6:30:44 AM
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber and NSPK, which operates the Mir card payment system, will join forces to establish standards and achieve interoperability. Sber and NPSK Join Forces to Launch Facial Payment System in Russia
Thu Jan 23 2025 6:30:12 AM
The post Is Pi Coin the Next Bitcoin? Mainnet Launch To Expected By The End Of Q1! appeared first on Coinpedia Fintech News Pi coin, often called the “next Bitcoin ,” is back in the spotlight as anticipation builds around the Pi Network’s mainnet launch. However, the launch is expected in the first quarter of this year, but the price of the Pi coin has recently seen a price surge of 2% in the past few hours, leaving investors curious about its future. Pi Network To Go Live By Q1 End Since its launch in 2018, Pi Network has become a prominent name in the crypto world. With over 50 million users and 100 million downloads of the Pi Browser, it aims to make cryptocurrency accessible to everyone. Unlike traditional mining, Pi coins can be mined using a simple tap-to-earn process via a smartphone. For years, pioneers have been mining Pi coins, accumulating millions of tokens. However, these tokens hold no real value, as the network has operated in an enclosed mainnet since 2021. Perhaps the earlier announcement from Pi Developers has promised that the public mainnet launch will take place by the end of the first quarter. However, similar promises were made in the past, which were not fulfilled. The Grace Period requires both KYC and Mainnet migration to be completed by January 31, 2025 to avoid forfeiting most of your Pi other than Pi mined within the rolling window of the last 6 months before your Pi is migrated. Make sure to stay within the deadline!… — Pi Network (@PiCoreTeam) January 5, 2025 They aim to launch the mainnet only after 10 million pioneers complete the required KYC (Know Your Customer) verification. Delays in the verification process have pushed back earlier deadlines, with the latest set for January 31. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Ethereum Community Backs Developer and Tornado Cash Co-founder, Calls for Trump’s Assistance , Pi’s Vision to Outperform Bitcoin Pi Network aims to be better than Bitcoin by solving common issues. Its easy mining process and the introduction of decentralized apps (dApps) are key parts of its plan. When the mainnet goes live, around 80 dApps are expected to launch. Additionally, over 27,000 shops have already agreed to accept Pi coins as payment. However, a challenge lies in the differing goals between the developers and users. While the team sees Pi as a global currency, many pioneers see it as an opportunity to make quick profits. This divide could impact the coin’s price and stability once it becomes publicly tradable. Pi Coin Price Analysis As of now, Pi coin is trading at approximately $42.5, marking a rise of nearly 2% in the last 24 hours, with a market cap of $2.89 billion. 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if (subscribeButtonSpan) { if (anyActive) { subscribeButtonSpan.textContent = 'Subscribe Now'; } else { subscribeButtonSpan.textContent = 'Unsubscribe'; } } } function updateSubscriptionButton() { var listItems = document.querySelectorAll('.subscription-options li'); if (listItems.length === 0) return; var anyActive = false; listItems.forEach(function(item) { var checkbox = item.querySelector('input[type="checkbox"]'); if (checkbox) { if (checkbox.checked) { item.classList.add('active'); anyActive = true; // Set anyActive to true } else { item.classList.remove('active'); // Remove 'active' class if checkbox is unchecked } } }); // Update the button text based on whether any list item has the 'active' class updateButtonText(anyActive); } document.addEventListener('click', function(event) { var clickedItem = event.target.closest('.subscription-options li'); if (clickedItem) { var checkbox = clickedItem.querySelector('input[type="checkbox"]'); if (checkbox) { checkbox.checked = !checkbox.checked; 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Currently, 1 Pi coin is valued at approximately $42.5, with a market cap of $2.89 billion. The price fluctuates based on network developments. Does Pi coin worth anything? Pi coin currently has no real-world value but could gain worth once its mainnet launches and it becomes publicly tradable after KYC verification. Why is Pi coin price increasing? Pi coin’s price surged due to growing anticipation of its mainnet launch and the 2% rise in the last 24 hours, indicating rising investor interest. Can I mine Pi coins on my phone? Yes, Pi coins can be mined on a smartphone using a simple tap-to-earn process, making it accessible for users without specialized hardware.
Thu Jan 23 2025 6:29:00 AM
Trump Bitcoin MAGA could turn early investors into multi-millionaires, like other memecoins, such as Shiba Inu (SHIB) and Dogecoin (DOGE), did. Trump Bitcoin MAGA (MAGABTC), a Solana memecoin launched today, is set to explode over 16,000% in price in the coming days. This is because MAGABTC is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and cause its price to rally, which will benefit investors who buy before these new exchange listings. Currently, Trump Bitcoin MAGA can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Trump Bitcoin MAGA could become the next viral memecoin. Trump Bitcoin MAGA launched with over $8,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Trump Bitcoin MAGA on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Trump Bitcoin MAGA by entering its contract address – 3J7GkdTfz7sHdcKcMnD5fm1aDZZUktz7z8NqTdiacLTy – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. Early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like MAGABTC. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price.
Thu Jan 23 2025 6:27:34 AM
Asia-Pacific markets trade mixed on Thursday as investors continued to weigh U.S. President Donald Trump's recent trade policy announcement. Investors also responded to China's latest move to reverse its sluggish stock market by prompting insurance funds to raise the size and proportion of their investments in Chinese A-shares, or companies traded on the mainland, and equity funds. Meanwhile, the Bank of Japan is expected to raise rates on Friday, and the European Central Bank may cut rates again next week. Japan ( NKY:IND ) rose 0.89% to around 39,730, while the broader Topix Index gained 0.05% to 2,738 on Thursday, marking the fourth consecutive session of gains for Japanese shares. The Japanese yen held its recent decline to around 156.5 per dollar on Thursday as the Bank of Japan began its two-day policy meeting. Meanwhile, data revealed that Japanese exports exceeded expectations in December, and imports also showed positive growth . China ( SHCOMP ) rose 0.54% to around 3,260 and the Shenzhen Component gaining 0.6% to 10,290, recovering losses from earlier in the week as Beijing intensified support for the struggling stock market. The offshore yuan held its decline around 7.28 per dollar. Meanwhile, the China Securities Regulatory Commission intensified efforts to support the country’s struggling equity markets by announcing measures to inject capital into the market, with insurers expected to deploy at least CNY 100 billion in long-term funds into stocks during the first half of 2025. On Wednesday, China launched initiatives to boost the amount pension can invest in Chinese listed companies. Hong Kong ( HSI ) fell 0.55% to 18,818 in early deals on Thursday. India ( SENSEX ) rose 0.27% to 76,624 in morning trade on Thursday, gaining for the second day, mainly supported by the tech sector, consumer durables, and pharmaceuticals. Australia ( AS51 ) fell 0.61% to close at 8,379 on Thursday, snapping a three-day winning streak, with mining stocks leading the decline amid weaker commodity prices. The South Korean won weakened further past 1,435 per dollar as the latest GDP figures missed forecasts, fueling bets that the Bank of Korea may initiate further rate cuts. In the U.S., on Wednesday, all three major indexes ended higher following a rally in US tech stocks and optimism about AI growth under a new administration. U.S. stock futures were little changed on Thursday after a strong rally in the previous session, with the S&P 500 hitting a new record high: Dow -0.07% ; S&P 500 -0.14% ; Nasdaq -0.22% . Investors are also preparing for next week’s Federal Reserve monetary policy meeting, with the central bank widely expected to keep interest rates unchanged. Market participants are anticipating a rate cut in July, with the possibility of another reduction later in the year. Elsewhere, the ceasefire agreement between Israel and Hamas was disregarded as Israel launched a drone attack in southern Lebanon's Hasbaya area, further lifting gold’s safety appeal. Currencies: ( JPY:USD ), ( CNY:USD ), ( AUD:USD ), ( INR:USD ), ( HKD:USD ), ( NZD:USD ). More on Asia: Japan unexpectedly logs trade surplus, exports hits record high & imports also shows positive growth Trump says he’s thinking of imposing 10% tariffs on China in February With Chinese stocks under scrutiny as Trump takes office, here are SA's top 10 People's Bank of China keeps one and five-year loan prime rates unchanged in Jan, as expected China shows strongest GDP growth in over a year
Thu Jan 23 2025 6:25:07 AM
Cryptocurrency analysis company Santiment shared a list of altcoins with the most active wallets in its latest analysis. In the list based on the last seven days, it is noteworthy that low market value altcoins are predominant. Since the data is evaluated as a percentage, wallet activity fluctuations in these altcoins can fluctuate more violently. Here are the cryptocurrencies that have experienced the highest daily wallet activity increase in the last seven days and their activity increase percentages, according to Santiment data. UXLINK (UXLINK) – 1927% Satoshi Airline (JET) – 650% Onyxcoin (XCN) – 600% dCargo (DKA) – 589% Tornado Cash (TORN) – 435% Dogelon Mars (ELON) – 393% WAX (WAXP) – 350% OCD (OCD) – 286% Virtua (TVK) – 165% Spell Token (SPELL) – 154% Related News: BREAKING: Bitwise Registers Dogecoin Spot ETF in Delaware Santiment said the following regarding this list in its published statement: “Historically, with increasing active addresses and usage comes increasing market cap over time. Keep an eye on which networks are seeing particularly high increases and you could find some hidden and undervalued gems here in 2025.” *This is not investment advice. Continue Reading: Top 10 Altcoins with the Most Recent Growth in Active Wallet Addresses Revealed – Here is the List
Thu Jan 23 2025 6:23:34 AM
The post Top 5 Cryptos Under $1 to Add to Your Wallet in 2025 – Featuring Doge Uprising appeared first on Coinpedia Fintech News In a market where timing and strategy can mean the difference between gains and missed opportunities, finding undervalued cryptos is the key to smart investing. As we step into 2025, several low-priced tokens are poised to offer massive returns, making them strong contenders for your portfolio. Among these, Doge Uprising ($DUP) is a presale gem, leading a pack of promising projects with strong fundamentals and untapped potential. Here are the top five cryptos under $1 that could redefine your portfolio in 2025. 1. Doge Uprising ($DUP) At the forefront of crypto presales, Doge Uprising is creating a movement. With a dystopian narrative and a community-driven ecosystem, $DUP is already proving that it’s more than a meme coin. The project’s presale has attracted some big buyers, surpassing $175,000 in contributions, with investors old and new flocking to its compelling vision. Offering staking rewards and plans to expand into gaming and NFT ecosystems, Doge Uprising presents a well-rounded opportunity for both short-term gains and long-term value. With its presale now in its third stage despite being a mere 10 days old, this is a golden opportunity to get in early and secure tokens at the lowest price. 2. Hedera (HBAR) Hedera Hashgraph continues to make waves with its enterprise-grade blockchain solutions. Operating under $1, $HBAR offers a robust platform with remarkable speed and efficiency. Its partnerships with major corporations, including Google and IBM, validate its long-term potential, making it a top choice for investors who value scalability and adoption. 3. VeChain (VET) Focused on supply chain optimization, VeChain ($VET) is transforming how businesses track and verify goods. Its practical use cases and consistent development have established it as a key player in enterprise blockchain solutions. Priced under $1, $VET offers significant growth potential as mainstream industries turn to blockchain for logistical solutions. 4. Casper (CSPR) Many may not have heard of it, but Casper is redefining the rules of smart contract technology. With a focus on scalability, security, and upgradable infrastructure, $CSPR offers a forward-thinking blockchain solution that appeals to developers and enterprises alike. Its relatively low price point makes it a great addition to portfolios aiming for high-growth opportunities in the long term. 5. The Sandbox (SAND) While known for its role in the Metaverse, $SAND remains an undervalued asset with vast potential. The Sandbox’s interactive digital ecosystem is growing rapidly, with applications ranging from gaming to virtual real estate. For investors betting on another boom for the Metaverse, $SAND, at 92% below its ATH, provides an entry point at an accessible price. Why 2025 Could Be the Year of Low-Cap Cryptos The Bull Market historically rewards those who diversify early, particularly in projects with strong fundamentals and innovative visions. Whether it’s the presale momentum of Doge Uprising, the enterprise utility of Hedera and VeChain, or the Metaverse opportunities of The Sandbox, these cryptos all offer avenues to exponential growth. The key takeaway? Keep your eye on projects like Doge Uprising that combine narrative, utility, and market timing. Investing in presales and undervalued assets isn’t just smart, it’s essential for those seeking massive returns. Add Doge Uprising to Your Portfolio Today: Website Twitter Telegram
Thu Jan 23 2025 6:22:49 AM
CFTC acting Chair Caroline Pham appointed an official to handle the agency’s crypto outreach.
Thu Jan 23 2025 6:20:32 AM
North Dakota lawmakers are reviewing a new bill imposing stricter regulations on cryptocurrency ATMs to protect residents from financial scams. House Bill 1447 would limit daily withdrawals, cap fees on top of transactions, and require fraud warnings on all crypto ATMs operating in the state. The bill intends to limit crypto ATM customer withdrawals to $1,000 per day, cap fees to $5 per transaction or 3% of the total amount — whichever is higher — and require the machines to issue fraud warning notices. Lawmakers push for stricter crypto ATM measures to combat rising fraud During an address to the House Industry, Business, and Labor Committee on January 22, the North Dakota Department of Financial Institutions commissioner, Lisa Kruse, noted that the state’s residents filed 103 crypto scam complaints to the FBI for $6.5 million in losses in 2023. The FBI reported in September that Americans lost $5.6 billion due to crypto fraud in 2023 and recorded 5,500 cases involving a crypto ATM, resulting in losses of over $189 million. The primary sponsor of the bill, House Representative Steve Swiontek, noted that crypto ATMs currently lack the protection measures that traditional money ATMs have — making it easier for perpetrators to scam victims. “Unfortunately, this has allowed criminals to exploit them for theft,” Swiontek said at the hearing. Advocacy groups, such as AARP, have also supported the bill. AARP state director Josh Askvig pointed to its potential to help protect senior citizens, who are often targeted by scammers. Crypto ATM operators warn restrictions on fees and transactions could harm the industry While the bill has found support for its consumer protection focus, it has drawn criticism on fee and transaction limits. CoinFlip crypto ATM operator assistant general counsel Kevin Lolli explained that the restrictions could harm the industry. He noted that typical fees for crypto ATMs range between 8% and 20%, including the cost of hardware, maintenance, armored car services, and the location’s rent. “Restricting fees and transactions to these levels could keep operators from operating machines in North Dakota .” – Kevin Lolli Lolli added that many crypto ATMs already comply with other anti-fraud measures, including reporting suspicious transactions over $2,000 and more than $10,000 to federal authorities. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Thu Jan 23 2025 6:20:06 AM
The post Nasdaq Official X Account Hacked to Pump Fake STONKS Memecoin appeared first on Coinpedia Fintech News In a surprising event, hackers gained control of the Nasdaq X (Twitter) account and used it to boost the price of a meme coin called STONKS . This caused the value of the coin to quickly rise to $80 million, but it dropped just as fast within a few hours. Hackers Pump STONKS Memecoin Using Nasdaq’s Name The attackers associated a bogus X account as an affiliate to Nasdaq. Taking the disguise of the official Nasdaq profile, they posted a tweet recommending the newly released meme coin, STONKS. This was a deceptive strategy that exploited the attention that comes with Nasdaq’s image to attract the attention of investors who otherwise wouldn’t have taken note. The recently created memecoin which looked like a clone of an existing token in the Solana ecosystem quickly climbed up its market ladder. Knowing that it was ‘competing against’ a multitude of meme coins eager to get into a ‘legitimate’ investment, the market capitalization of STONKS soared. Nevertheless, the buzz did not last long, and when the participants realized the whole thing was a scam, the value of the token also crashed.The link was quickly deactivated because of the fraudulent post, the fake affiliate account was also deactivated. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Crypto Scam Alert: @TrumpDailyPosts Hacked to Pump Fake Meme Coins , Nasdaq Scam Deceives Investors with Fake Cryptocurrency Scammers often disguise themselves as prominent personalities or companies to popularise fake tokens, and this breach of the protocol is not unique to it. Accordingly, using the horizontal and vertical influence of well-known accounts with many followers, scammers increase the range of cheating and deceive more people. This is why the attackers chose Nasdaq as their target since it is a leading financial organization that gives fake credibility to their work, along with a meme coin that imitates a real token to convince the users that it is an actual chance to make money. 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Thu Jan 23 2025 6:20:00 AM
Solana’s stablecoin holdings surge to $9.8 billion, nearing the $10 billion milestone. Memecoin trading, especially Trump-themed, fuels Solana’s growth and market influence. Analysts predict 12.8x growth in Solana’s value, with a potential $1 trillion market cap. Solana is bouncing back from its recent network downtime with a remarkable surge in stablecoin activity. According to DefiLlama , over $3 billion poured into Solana’s stablecoin reserves within just four days, pushing its total holdings to nearly $10 billion. This spike underscores Solana’s scalability and appeal, especially with the growing adoption of memecoins linked to high-profile figures such as Donald Trump. The blockchain’s ability to handle surging transaction volumes has made it an attractive option for developers and traders alike. Memecoins Drive Solana’s Stablecoin Activity The rise in Solana’s stablecoin use is largely tied to trading pairs involving memecoins , particularly those connected to Donald Trump. Over the past week, USDT on Solana grew to $1.6 billion, while USDC holdings climbed to $7.7 billion, marking a 50% surge for both. Related: Trump Coin Surge: Solana… The post Solana’s On-Chain Stablecoins Hit $10 Billion: What’s Driving the Surge? appeared first on Coin Edition .
Thu Jan 23 2025 6:19:06 AM
The Azuki-backed ANIME token will be airdropped to Binance users prior to its official listing and debut on Jan. 23, 2025 at 14:00 UTC. The Animecoin community token ANIME will be making its debut on Jan. 23 in a number of major exchanges, including Binance . The token named after the Japanese pop culture phenomenon will be airdropped to BNB ( BNB ) holders subscribed to the BNB Simple Earn products from Jan. 17 until Jan. 20. ANIME will be officially listed on Binance starting from Jan. 23 at 14:00 UTC. Trading pair support will available for ANIME alongside USDT, USDC, BNB, FDUSD, and TRY. However, due to its status as a freshly launched token, Binance will be adding the seed tag to ANIME. For the HODLer Airdrop, Binance will be giving away 500 million ANIME tokens, which is around 5% of the maximum token supply. Animecoin will launch on Ethereum ( ETH ) and Arbitrum ( ARB ) with 50.5% of tokens being allocated to the community and more than 20% going to the team, advisors and company. Aside from Binance, Animecoin is also set to list simultaneously on Bybit and OKX on Jan. 23. Read more: Azuki-backed ANIME coin gears up for January 2025 launch What is ANIME on crypto? ANIME or Animecoin is the native token of the Animecoin Foundation, the community backed by the Arbitrum Foundation and popular NFT brand Azuki. Dubbed the “culture coin of the anime industry,” the Animecoin ecosystem seeks to combine original IP works, mainstream distribution, and on-chain infrastructure that will grant the anime fandom power to further expand itself. “The Animecoin ecosystem will provide a collaborative environment to democratize content creation. The Azuki IP will be the first of many native anime IPs providing the cultural energy that drives engagement across the blockchain-powered anime network,” wrote the community in a recent X post . Additionally, Anime.com is set to be the first platform available on the Animecoin ecosystem. The ANIME token will be used as a gas and governance token for Animechain, its anime-based web3 network set to go live in the first quarter of 2025. The project will bring in various anime-related content from original and third-party IPs, including games, merchandise, and NFTs. The Animecoin foundation has prepared a total token supply of 10 billion ANIME tokens and an initial circulating supply of 7.69 billion ANIME. Read more: Arbitrum, Azuki launch web3 network for anime fans
Thu Jan 23 2025 6:15:53 AM
As the crypto space continues to grow, the year 2025 is set to be a
Thu Jan 23 2025 6:15:41 AM
Less than a year ago, it was reported that a minimum of 75% of Solana (SOL) Network’s transactions…
Thu Jan 23 2025 6:12:14 AM
Key Takeaways dYdX price faces volatility around $1.2. Our dYdX price prediction for 2025 expects a maximum price of $4.55. In 2030, we expect the dYdX price to touch $29.58. The dYdX exchange captured significant attention last year. The platform aimed to migrate its existing dYdX tokens from Ethereum to this new mainnet. However, in the fall of 2024, the platform disclosed that it was reducing its workforce by 35%. As dYdX’s on-chain activities surge, questions arise, such as: “Does dYdX have the potential to hit the $10 mark soon?” or “Will dYdX ever go up?” or “Where will dYdX be in 5 years?” Let’s answer them using our dYdX price prediction. Overview Cryptocurrency dYdX Token dYdX Price $1.14 Market Cap $611.61M Trading Volume $36.99M Circulating Supply 643.93M dYdX All-time High $4.53 All-time Low $0.8067 24-hour high $1.4 24-hour low $1.38 dYdX price prediction: Technical analysis Metric Value Current Price $1.14 Price Prediction $ 5.06 (229.65%) Fear & Greed Index 70 (Greed) Sentiment Bearish Volatility 18.31% Green Days 17/30 (57%) 50-Day SMA $ 1.650317 200-Day SMA $ 1.292591 14-Day RSI 44.17 dYdX price analysis: dYdX faces a bearish pressure below $1.2 TL;DR Breakdown: dYdX price analysis shows that dYdX is facing selling pressure. Resistance for dYdX is present at $1.2537 Support for dYdX/USD is present at $1.1014 The dYdX price analysis for 23 January confirms that dYdX faces increased selling pressure as the price declines below $1.2. Currently, there’s a strong domination from both buyers and sellers. dYdX price analysis 1-day chart: dYdX price declines below $1.2 An analysis of the daily dYdX price chart shows that the token is facing selling pressure as it aims to hold on to its momentum. In recent hours, the price of dYdX dropped below $1.2; however, it faces minor buying pressure from bulls. The 24-hour volume surged to $12.2 million, showing increased interest in trading today. dYdX is trading at $1.14, declining by over 1.4% in the last 24 hours. dYdX shows bullish volatility The RSI-14 trend line has declined from its previous level and trades below the midline at 37, hinting that bearish pressure is on the edge. The SMA-14 level suggests volatility in the next few hours. dYdX/USD 4-hour price chart: Bulls aim for an immediate correction The 4-hour dYdX price chart suggests that bears strengthen their position as they hold the price below the EMA trend lines. Bulls are maintaining buying confidence as the dYdX price aims for further surges. dYdX price chart The BoP indicator trades in a bearish region at 0.29, showing that short-term sellers are taking a chance to accelerate a downward trend. However, the MACD trend line has formed green candles above the signal line and the indicator aims for a positive momentum, strengthening long-position holders’ confidence. dYdX technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 1.78054 SELL SMA 5 $ 1.74437 SELL SMA 10 $ 1.621187 SELL SMA 21 $ 1.684969 SELL SMA 50 $ 1.650317 SELL SMA 100 $ 1.329677 BUY SMA 200 $ 1.292591 BUY Daily Exponential Moving Average (EMA) Period Value Action EMA 3 $ 1.634776 SELL EMA 5 $ 1.741283 SELL EMA 10 $ 1.875171 SELL EMA 21 $ 1.88065 SELL EMA 50 $ 1.65434 SELL EMA 100 $ 1.460609 BUY EMA 200 $ 1.510895 BUY What to expect from dYdX price analysis next? The hourly price chart confirms that dYdX is attempting a dip below the immediate support line; however, bulls are eyeing an upside recovery rally in the coming hours. If dYdX’s price holds momentum above $1.2537, it will fuel a bullish rally to $1.4838. dydX price chart If bulls fail to initiate a surge, the dYdX price may drop below the immediate support line at $1.1014, beginning a bearish trend to $0.9288. Is dYdX a good investment? The rising institutional demand for dYdX makes it a good investment option. However, dYdX has a short investment history filled with very volatile phases. Whether it is a good investment depends on your financial profile, investment portfolio, risk tolerance, and investment goals. Why is dYdX down today? Today, dYdX faced selling demand as it dropped below $1.2. This is due to the overall cautious approach in the altcoin market. Will dYdX reach $10? Depending on market sentiments, dYdX might hit the $10 mark by the end of 2027. However, any bearish news might weaken this prediction. Will the dYdX price reach $100? $100 will be a significant milestone for dYdX. However, it is achievable if dYdX continues to attract institutional interest in the coming years. Is dYdX a good long-term investment? As several institutions continue to accumulate dYdX, and it faces a rise in global recognition, dYdX has a solid long-term future. Recent news/opinion on dYdX Binance stops dYdX transactions on ERC20 Binance will stop supporting DYDX token deposits and withdrawals on the Ethereum network from February 12, 2025, at 02:00 UTC. Deposits via ERC20 after this date will not be credited, risking asset loss. Other networks for DYDX transactions on Binance will remain available. dYdX price prediction January 2025 December was a bullish month for dYdX as the altcoin made robust surges following Donald Trump’s victory. dYdX’s price might attempt to surge toward $2 from its recent low and be pushed further, at least $2.6 if strong downward pressures are not seen. However, we might see a rejection on the bearish side, leading to a consolidation around $1.3. dYdX price prediction Minimum price Average price Maximum price dYdX price prediction January 2025 $1.3 $2 $2.6 dYdX price prediction 2025 The price of 1 dYdX is expected to reach a minimum level of $3.86 by the end of 2024. Traders and investors can expect a maximum level of $4.55 and an average price of $3.96 if the bulls show up. dYdX price prediction Minimum price Average price Maximum price dYdX price prediction 2025 3.86 3.96 4.55 dYdX price predictions 2026-2031 Year Minimum price ($) Average price ($) Maximum price ($) 2026 5.91 6.11 6.74 2027 8.14 8.45 9.96 2028 11.74 12.16 14.45 2029 17.06 17.67 20.6 2030 23.74 24.45 29.58 2031 29.57 32.88 38.75 dYdX price prediction 2025 The unit price of dYdX in 2025 is expected to hit a minimum of $3.86. According to expert analysis, dYdX could reach up to $4.55, with an average price of $3.96. dYdX price prediction 2026 In 2026, dYdX could see its price range between a minimum of $5.91 and a maximum of $6.74. Traders can expect an average price of $6.11 throughout the year. dYdX price prediction 2027 For 2027, the price forecast indicates a minimum level of $8.14 and a potential high of $9.96, with the average settling around $8.45. dYdX price prediction 2028 Looking ahead to 2028, projections suggest a minimum price of $11.74 and a maximum price of $14.45 for dYdX, with an average price of $12.16. dYdX price forecast 2029 By 2029, the dYdX price is anticipated to range from a minimum of $17.06 to a maximum of $20.60, averaging around $17.67. dYdX (dYdX) price prediction 2030 For 2030, the dYdX price is forecasted to potentially reach a minimum of $23.74, a maximum of $29.58, and an average trading value of $24.45. dYdX Price Prediction 2031 Looking ahead to 2028, projections suggest a minimum price of $29.57 and a maximum price of $38.75 for dYdX, with an average price of $32.88. dYdX price prediction chart for 2025–2031 dYdX market price prediction: Analysts’ dYdX price forecast Firm Name 2025 2026 Coincodex $2.5 $3.8 Digital Coin Price $4.8 $7.9 Changelly $5.4 $12 Cryptopolitan’s dYdX (dYdX) price prediction Per Cryptopolitan, the price of dYdX is expected to reach a minimum level of $5.91 and a maximum of $6.74. Traders can expect an average price of $6.11 throughout 2026. If the market stays positive, we expect the dYdX price to trade well above $5 by 2027. However, the future market potential for dYdX entirely depends on its buying demand, regulation, and investor sentiment in long-term holding. dYdX historical price sentiment dYdX price history | Source: Coinmarketcap Last Week (27 December, 2024): $1.63 Last Month (Dec. 1, 2024): $1.75 Four Months Ago (Sep. 1, 2024): $0.91 Launch Price (Dec. 12, 2023): $2.38 All-Time High (March 7, 2024): $4.53 All-Time Low (Sept. 6, 2024): $0.8067 Current price range: $1.47 – $1.8
Thu Jan 23 2025 6:11:38 AM
The nonprofit has filed a brief in support of the SEC's appeal against the enterprise blockchain company
Thu Jan 23 2025 6:10:54 AM
In recent comments made by David Solomon, the CEO of Goldman Sachs, he addressed inquiries regarding the potential impact of accepting a “strategic Bitcoin reserve” related to former President Trump’s
Thu Jan 23 2025 6:05:59 AM
Coinbase wants the Second Circuit Appeals Court to address whether crypto transactions are investment contracts, calling the matter of “immense importance to the crypto industry.”
Thu Jan 23 2025 6:05:11 AM
Standard Chartered forecasts Bitcoin could hit $200,000 by 2025. Kendrick emphasizes caution due to regulatory uncertainties. Continue Reading: Standard Chartered Predicts Bitcoin Surge to $200,000 Despite Regulatory Concerns The post Standard Chartered Predicts Bitcoin Surge to $200,000 Despite Regulatory Concerns appeared first on COINTURK NEWS .
Thu Jan 23 2025 6:04:38 AM
The post AI Agent Cryptos Soar Following Trump Inauguration: AI16Z Pumps 35%, MIND Raises $3M appeared first on Coinpedia Fintech News Buoyed by Donald Trump’s inauguration and a pendulum shift in the Web2 AI world, AI agent cryptocurrencies are on fire today. AI16z is leading the charge among large caps, soaring 35% in the past 24 hours. Meanwhile, newly launched AI agent MIND Of Pepe is showing incredible demand in its ICO, raising $3 million in its first week. Trump’s ‘Crypto Task Force,’ OpenAI’s Stargate Project, Skyrocket AI Coin Prices The AI agent sector has risen in value by 14.2% in the past 24 hours, fueled by actions taken by some of the most influential players on the world stage. Starting with Donald Trump, not 48 hours after his inauguration to become the US’ first-ever pro-crypto president, he is already living upto expectations. Trump has just promised a “crypto task force” which will provide the industry with a clear regulatory framework. Regulatory uncertainty has been a big barrier to adoption in the crypto industry, especially among institutional players who must retain strict compliance. The addition of clearer regulations does nothing but provide a frictionless onboarding process for professional investment firms. Moving to AI news, ChatGPT creator OpenAI has unveiled a new mega-project called ‘Stargate Project,’ which will invest a staggering $500 billion into AI infrastructure over the next four years. It also reveals that Arm, Microsoft, NVIDIA, and Oracle are the key initial technology partners, showing the mass scale of this new venture. Larry Ellison, CEO of Oracle Corporation, says that it will “construct the largest computer ever built, which will enable AI to create cancer vaccines, personalized medicine, and pandemic prevention.” Not only is the crypto sector in an advantageous position right now, with Donald Trump taking positive efforts toward advancing the industry, but AI technology continues to see unprecedented efforts in its development. At the intersection of crypto and AI are AI agents, such as ai16z – and they’re seeing significant success. Analyst Says Ai16z Bottom Is In, Run to ATH Is Next Ai16z is forming what appears to be a definite bottom on its price chart, showing strong momentum around its previous high set in December 2024. Currently, ai16z is trading at $1.21, up 35% today, down 11% this week and up 106% this month. It holds a $1.33 billion market cap and a $355 million 24-hour trading volume. Analyst Cryptoknight890 highlighted the recent bounce from $0.96 and suspects that this will precede a run toward the current ATH in the coming days. But as ai16z shows strength, a low cap presale meme coin called MIND Of Pepe is tipped for significant gains of upto 100x. New AI Agent MIND Of Pepe Can Spot Market Trends and Launch Tokens MIND Of Pepe is a multi-purpose AI agent which operates its own X account and crypto wallet. The agent will use X to gather data, shape narratives, and build an audience. It will then leverage this to share patterns and trends with its token-gated community and will also launch its own tokens. $MIND holders will get insider access to the token launches before anyone else, but then the agent will share them on social media afterwards to bolster their growth potential. Another benefit to the $MIND token is that it can be staked. Staking is live amidst the presale and currently provides a 707% APY, but this will decrease over time. Besides the MIND Of Pepe agent having multiple use cases, the thing that separates it from other agentic projects is its innate token utility. This provides a steady demand stream that will rise alongside the agent’s popularity, creating an optimal environment for long-term growth. As to how far it could go, analysts from Cryptonews suggest that it could 100x in price. Given the $500 billion liquidity injection coming to the AI industry and MIND Of Pepe’s current $3 million raise, this prediction is certainly not unreasonable. Currently, investors can buy $MIND for $0.0031762, but this price will rise throughout the ICO. Vist MIND Of Pepe Presale
Thu Jan 23 2025 6:00:47 AM
The cryptocurrency landscape is witnessing a seismic shift as WallitIQ (WLTQ) dominates the market, outshining competitors like Rexas Finance (RXS) and Wall Street Pepe (WEPE). With its groundbreaking features and an overwhelmingly successful presale, WallitIQ (WLTQ) has secured its position as the most valuable crypto presale. Investors and crypto enthusiasts are rushing to secure a spot and join this transformative opportunity. WallitIQ (WLTQ): A Revolutionary Crypto Wallet Driving Presale Success WallitIQ (WLTQ) is poised to redefine the decentralized wallet ecosystem, with its groundbreaking presale already making waves. Investors are flocking to secure their share of this game-changing project, which promises to surge by over 25,000% post-presale, according to market forecasts. With thousands of investors joining, the WallitIQ (WLTQ) presale is setting new records in the crypto presale landscape. WallitIQ (WLTQ) stands out due to its cutting-edge technology, enabling seamless management of over 1,000 cryptocurrencies through an intuitive and secure interface. The platform’s AI-powered security and innovative features such as Escrow Connect enable a safe and streamlined user experience. WallitIQ’s (WLTQ) Physical 2 Digital (P2D) wallet feature facilitates the seamless transition of physical assets into digital tokens, thereby improving liquidity for cryptocurrency users. Meanwhile, it is worth mentioning that WallitIQ has strengthened investor confidence by completing a smart contract audit performed by the reputable SolidProof firm. The platform’s multilingual AI chatbot also improves user experience by providing personalized support in multiple languages. With its recent listing on CoinMarketCap , WallitIQ (WLTQ) is ready to reshape the digital asset management landscape. WallitIQ’s (WLTQ) MVP mobile app solidifies its status as a frontrunner in crypto wallet technology. It streamlines wallet management with features such as simulated ETH and USDT transactions, QR code payments, and real-time market updates through the CoinGecko API. Users can explore interactive candlestick charts, simulate daily transfers, and benefit from a sleek, user-friendly interface suitable for all skill levels. Upcoming updates are set to introduce AI-driven trading, price notifications, and additional features to adapt to evolving user needs. Currently priced at $0.0420 , WallitIQ (WLTQ) has become the most valuable crypto presale, surpassing Rexas Finance (RXS) and Wall Street Pepe (WEPE). Its innovative features and advanced technology present a strong investment opportunity for those looking to capitalize on the growing crypto market. Rexas Finance (RXS): Transforming Asset Tokenization In The Crypto Presale Market Rexas Finance (RXS) is revolutionizing real-world asset (RWA) tokenization through its innovative platform. By integrating blockchain and decentralized finance (DeFi), Rexas Finance (RXS) allows users to tokenize assets effortlessly, improving liquidity in traditionally illiquid markets like real estate and art. The Rexas Finance (RXS) ecosystem includes its Token Builder for easy no-code token creation, the QuickMint Bot for launching tokens on Telegram and Discord, and Rexas Finance (RXS) GenAI for creating AI-powered NFTs. Security is improved with the AI Shield, while Rexas Finance (RXS) Treasury optimizes yields across Ethereum, Binance Smart Chain, and Polygon. The Rexas Finance (RXS) crypto presale has garnered attention and raised millions, but its achievements are overshadowed by WallitIQ’s (WLTQ) explosive success in the crypto presale space. Wall Street Pepe (WEPE): The Meme Token With Momentum In The Crypto Presale Market Wall Street Pepe (WEPE) merges the iconic Pepe meme with a mission to empower retail traders through exclusive market insights and real-time alpha signals. Token holders of Wall Street Pepe (WEPE) join a private community of traders eager to share knowledge, helping everyone outsmart the whales. This project aims to combat crypto market manipulation by institutional players. Traders can compete weekly for Wall Street Pepe (WEPE) prizes and stake their tokens for rewards up to 25% APY. The ongoing crypto presale for Wall Street Pepe (WEPE) has sparked excitement, leading to rapid sales and community growth. However, Wall Street Pepe (WEPE) lacks the advanced utility of WallitIQ (WLTQ), showcasing the importance of technology in this evolving landscape. Conclusion WallitIQ (WLTQ) has firmly established itself as the frontrunner in the crypto presale market, outshining competitors like Rexas Finance (RXS) and Wall Street Pepe (WEPE). With its innovative features, cutting-edge AI-powered security, and intuitive design, WallitIQ (WLTQ) is revolutionizing the decentralized wallet space. This is a once-in-a-lifetime opportunity to secure your financial future. WallitIQ (WLTQ) offers not just a token but a revolutionary solution that will reshape how users interact with cryptocurrencies. As the presale nears completion, prices are expected to jump significantly in the next round. Act now to take advantage of this unprecedented opportunity before it’s too late. Join the WallitIQ (WLTQ) presale and community: Join WallitIQ (WLTQ) Presale Join the WallitIQ (WLTQ) Community
Thu Jan 23 2025 6:00:39 AM
On-chain data shows the capital inflows into Bitcoin have slowed down since last year’s high. Here’s what this could mean for BTC’s price. Bitcoin Realized Cap Continues To Grow, Albeit At A Slower Rate According to data from the on-chain analytics firm Glassnode, capital inflows into BTC have been on the decline recently. The indicator of relevance here is the “Realized Cap,” which is a capitalization model for Bitcoin that calculates its total valuation by assuming that the ‘real’ value of any token in circulation is equal to the price at which it was last transacted on the blockchain. The last transaction for any token can be considered to be the last point at which it changed hands, so the price at its time would denote its current cost basis. As such, the Realized Cap takes the total sum of the cost basis of the entire BTC supply in circulation. Related Reading: Arbitrum (ARB) Primed For 46% Rally If This Happens, Analyst Reveals This value is nothing, but the total amount of capital that the investors as a whole have used to purchase the cryptocurrency. Changes in the indicator, therefore, reflect the capital flowing into or out of the asset. Below is the chart for the Realized Cap shared by the analytics firm, which shows the trend in its daily value, as well as its 30-day percentage change, over the last couple of years. As displayed in the graph, the Bitcoin Realized Cap observed some sharp growth during the last couple of months of 2024, implying capital was flowing at a rapid rate into the cryptocurrency. This is more easily visible through the monthly percentage change, which shot up to a very high positive level. These inflows appear to have provided the fuel for BTC’s rally above $100,000. From the chart, it’s apparent that after hitting a peak, the 30-day change in the Realized Cap reversed its direction and started going down in a sharp manner instead. This decline in the metric has continued into 2025. Despite the drawdown, though, its value is still quite positive, suggesting the Realized Cap continues to grow at a notable rate. A similar trend was also witnessed back in the first few months of 2024, where a high in capital inflows was followed by a cooldown, which led into a lengthy consolidation period for Bitcoin. So far, capital is still flowing into BTC at a rate of $38.6 billion per month, which is significantly higher than the lows observed during last year’s sideways phase. It now remains to be seen whether the inflows will continue to decline in the coming days, or if a reversal would happen, potentially acting as a bullish signal for the asset. Related Reading: Trader Greed Strikes Again: Bitcoin Corrects To $102,000 After FOMO Spike Following the latest streak of inflows, the Bitcoin Realized Cap has reached the $832 billion mark, which is a new all-time high. BTC Price Bitcoin has been struggling to pick a direction during the last few days as its price is still trading around the $104,000 level. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Thu Jan 23 2025 6:00:36 AM
The post Could Catzilla Become the First Meme Coin to Hit $1 as PENGU and BRETT Struggle to Keep Up? appeared first on Coinpedia Fintech News With the market on an upswing, a surprising contender stirs curiosity. A new player draws attention in the colourful world of meme coins as others struggle to catch up. Bold predictions circulate around this potential frontrunner, sparking debate if it can achieve what others haven’t. The crypto community watches eagerly to see if this potential rise is reality. Catzilla Wrecks Chaos: The Meme Coin for Warriors of Crypto In a world where financial freedom feels out of reach, a new opportunity emerges— Catzilla ! Born from the frenzy of meme culture and set for explosive growth , this is the meme coin investors have been waiting for! 14 Stages. Limitless Potential. A legendary cat warrior with lives to spare, Catzilla offers you 14 chances to grab the power-packed $CATZILLA token before it goes public. Imagine leveling up your stash from Stage 1 to Stage 14, where your gains soar up to 700%! Catzilla evolves as the presale progresses, bringing you closer to financial victory with every step. But beware, fellow warriors—the clock is ticking, and only the swift and the daring will secure their share of Catzilla’s unstoppable might . Claim your share before Catzilla stomps the competition flat! Cats Are Taking Over: Forget Dogs—It’s All About the Meow Money The crypto world’s gone barking mad for years, but now it’s time for cats to claw their way to the top. MEW and Popcat are the latest feline sensations proving that dogs might fetch headlines, but cats bring home the gains. MEW: Purring into the top 15 meme coins, this clever kitty pulled off a 103.7% climb in just three months Popcat: This one didn’t just pounce—it soared, delivering a jaw-dropping 157.44% surge. These aren’t just one-off flukes. Cats are on the prowl , staking their claim in the meme coin kingdom. And if you think MEW and Popcat are impressive, wait until Catzilla roars onto the scene. Forget chasing tails—this is where the real action is. The Mission: Smash the Market. Rewrite the Rules Catzilla is here to destroy the old systems that hold you back. It’s time to build a new world where you, the warriors of the crypto space, rise up and claim what’s yours . With every stage of this presale, the forces of profit grow stronger. Time is running out, and the opportunity to join Catzilla’s army won’t last forever. The profits are set to explode , and only those brave enough to seize this moment will see their gains rise like a true anime hero’s power level . Get in now, watch Catzilla wreck the market, and bring chaos to the competition! Pudgy Penguins Eyes Reversal Amid Market Bullish Hopes Pudgy Penguins, trading in the $0.05 to $0.08 range, is eyeing a breakout. With its nearest resistance at $0.10, a push past this level could lead to an uptrend. The coin’s support at $0.04 suggests some cushion against further decline. Although PENGU experienced drops of over 21% in a week and above 51% for the month, indicators show potential. The RSI is below 55, hinting at a possible upward move. Stochastic levels support bullish sentiment. If it breaks the $0.10 resistance, the next target is $0.12, a possible 50% increase from current levels. The bears might be on pause, with holders hoping for an altcoin season lift. Brett (Based): Set for a Turnaround in the Crypto Bull Run? Brett (Based) is currently priced between $0.0768 and $0.1227, showing recent declines. Its 1-week and 1-month price changes are down by nearly 21% and 28%, respectively. Despite this pullback, Brett has the potential to climb. The nearest resistance is at $0.1523, offering room for growth if it can break past this point. With a Relative Strength Index of 43.23, it suggests a possible bounce back. However, momentum remains weak with a MACD level under zero. If Brett rallies past $0.1523, it could aim for the $0.1982 mark, offering around a 50% rise from the upper current price range. Conclusion While PENGU and BRETT show less short-term potential, Catzilla emerges as the ultimate meme coin hero aiming for financial freedom for all. Offering a 700% ROI during its presale and triple utility—governance, rewards for loyalty, and passive staking—it unites crypto enthusiasts to join the fight against crypto villains. Site: Catzilla ($CATZILLA) Twitter: https://x.com/CatzillaToken Telegram: Telegram Chat Telegram News
Thu Jan 23 2025 6:00:00 AM
Ross Ulbricht, the founder of the Silk Road darknet marketplace, has re-entered public discourse following his release from prison and his involvement in a forthcoming documentary about his life and incarceration. After serving nearly 12 years behind bars, Ulbricht was granted a commutation by former US President Donald Trump, sparking renewed interest in his story. The documentary, expected to be released in 2025, promises to provide insights into Ulbricht's journey from an Eagle Scout to a controversial figure in the world of cryptocurrency. Meanwhile, the crypto community, including industry players like Kraken, has rallied in support of Ulbricht, offering both financial assistance and public endorsements as he begins to rebuild his life post-incarceration. Kraken’s $111,111 Bitcoin Donation to Ross Ulbricht Marks a Milestone in Crypto and Justice Narratives The cryptocurrency exchange Kraken has revealed its donation of $111,111 in Bitcoin (BTC) to Ross Ulbricht , the founder of Silk Road, who was recently freed following a pardon by former US President Donald Trump. The donation, disclosed on social media platform X, was sent to the address listed on freeross.org, a site claiming to represent Ulbricht’s official online presence. The funds are aimed at helping Ulbricht re-establish his life after spending over a decade in prison. The Silk Road founder had been incarcerated since 2013 and was handed a harsh double life sentence plus 40 years without parole for nonviolent offenses related to running the darknet marketplace. Kraken’s contribution comes as part of a broader outpouring of support from the crypto community. According to Bitcoin blockchain explorer Mempool, 93 donations totaling 2.5 BTC—approximately $261,000—have already been made to the address listed on freeross.org. Kraken’s $111,111 donation carries a symbolic significance, reflecting a gesture of solidarity from a platform that has long championed the ideals of financial freedom and decentralization. This move highlights the deep connection between the crypto community and libertarian values, as well as its enduring support for figures like Ulbricht, who are seen as early builders of the digital asset ecosystem. Ross Ulbricht’s release was made possible by a full and unconditional pardon granted by Donald Trump, who fulfilled a campaign promise that resonated deeply with libertarians and crypto enthusiasts. Ulbricht’s sentence, widely criticized as excessive, became a rallying point for advocates of criminal justice reform and cryptocurrency adoption. Trump , who signed the pardon during his second day in office, described Ulbricht’s punishment as “ridiculous.” Ulbricht’s incarceration had spanned 12 years, beginning with his arrest in October 2013. His release has reignited discussions about the intersection of crypto, justice, and the regulatory landscape that continues to evolve alongside digital assets. The pardon has also sparked renewed interest in Bitcoin wallets reportedly associated with Ulbricht. Conor Grogan, an executive at Coinbase, shared that wallets left behind by Ulbricht and not seized by the US government could hold Bitcoin valued at $47 million as of January 2025. While these wallets were considered “dust” at the time of Ulbricht’s arrest due to Bitcoin’s lower valuation, they have appreciated significantly over the years. Grogan speculated on X about whether Ulbricht retains access to the keys required to unlock these funds, stating, “We will know soon enough.” The potential movement of these assets could further add to the intrigue surrounding Ulbricht’s story. The Silk Road Legacy: A Double-Edged Sword Ulbricht’s release and the subsequent crypto community support have reignited debates about the legacy of Silk Road. The darknet marketplace, often described as the ”eBay of drugs,” was both a trailblazer in using Bitcoin for transactions and a controversial symbol of the illicit uses of cryptocurrency. While critics argue that Ulbricht facilitated illegal activities, his supporters view him as a scapegoat punished for pioneering decentralized technologies. Some members of the crypto community see his story as emblematic of the challenges early adopters faced in bringing blockchain technology into the mainstream. The crypto community’s reaction to Ulbricht’s pardon has been overwhelmingly positive. Many see it as evidence of Trump’s willingness to honor commitments to the libertarian and crypto communities. Speculation is rife about what this could mean for future digital asset policies, including potential executive orders related to Bitcoin, such as establishing a strategic Bitcoin reserve. Kraken’s donation also signals a growing trend among crypto firms to engage in philanthropic efforts that align with the industry’s values. Beyond financial assistance, the donation is a statement about the role of cryptocurrency in challenging traditional power structures and advocating for justice. As Ross Ulbricht steps into a world transformed by the cryptocurrency revolution he helped spark, the challenges and opportunities ahead are immense. With significant financial support from the crypto community and the potential to access dormant Bitcoin wallets, Ulbricht may have the means to rebuild his life. Documentary Featuring Ross Ulbricht to Shed Light on Silk Road Saga In related news, Ulbricht is set to take center stage in a new documentary that promises to explore his arrest, incarceration, and the events leading up to his release. Filmmakers Blake J. Harris and Jonah Tulis, best known for their work on the Console Wars documentary, have revealed that they secured over 60 hours of exclusive footage, including interviews with Ulbricht conducted during his time in federal prison. This announcement comes in the wake of a pivotal moment in Ulbricht’s life: his release from custody following the commutation of his life sentence by US President Trump on Jan. 21, 2025. The yet-to-be-titled documentary, currently in post-production and slated for release in 2025, aims to dive into the life of Ross Ulbricht and the extraordinary story of how he went from being an Eagle Scout to becoming the target of an international manhunt. Blake J. Harris described the documentary as a comprehensive exploration of Ulbricht’s life, from his early years to his role as the mastermind behind Silk Road. Jonah Tulis added that the project seeks to dispel many of the myths and misconceptions surrounding Ulbricht, who operated under the pseudonym “Dread Pirate Roberts.” The filmmakers have hinted that the documentary will provide unprecedented access to Ulbricht’s thoughts, experiences, and reflections during his incarceration. It also aims to examine the broader implications of the Silk Road case for the cryptocurrency industry, law enforcement, and the evolving debate over internet freedoms. Ross Ulbricht launched Silk Road in 2011, a darknet marketplace that quickly became notorious for facilitating the trade of illicit goods, including drugs. The platform operated using Bitcoin, a revolutionary use of cryptocurrency at the time. Ulbricht’s arrest in 2013 at a San Francisco Public Library marked the end of the Silk Road. He was convicted on charges of money laundering, computer hacking, and conspiracy to traffic narcotics, ultimately receiving a sentence of life imprisonment without the possibility of parole. The severity of his punishment sparked widespread debate. While some viewed Ulbricht as a criminal who profited from illegal activities, others saw him as a visionary persecuted for his pioneering use of blockchain technology. His case became a rallying cry for libertarians and cryptocurrency enthusiasts advocating for reduced government overreach and criminal justice reform. President Trump’s commutation of Ulbricht’s sentence has reignited these debates, with many in the crypto community celebrating the decision as a step toward justice. The forthcoming documentary is not the first attempt to tell Ulbricht’s story. CBS aired a documentary in 2020, featuring interviews with Ulbricht’s former girlfriend and FBI agents involved in the Silk Road investigation. In 2021, Lionsgate released a dramatized version of the story starring Nick Robinson. The Coen Brothers had also proposed a project based on Ulbricht’s life in 2016, though the film was never produced. The new documentary, however, stands apart by incorporating Ulbricht’s own voice, providing a perspective largely absent from earlier portrayals. Life After Prison: What’s Next for Ulbricht? Since his release from the US Penitentiary in Tucson, Arizona, Ulbricht has maintained a low profile. Photos of him outside prison have circulated on social media, but he has not issued a public statement or resumed posting on his blog, which he regularly updated while incarcerated. It remains unclear whether Ulbricht intends to step into the public spotlight or play an active role in the cryptocurrency industry. His case and release, however, continue to generate significant attention, with some speculating that he could use his platform to advocate for criminal justice reform or blockchain innovation. Ulbricht’s story contrasts sharply with other industry leaders who have faced legal troubles. For instance, former Binance CEO Changpeng “CZ” Zhao recently completed a four-month prison sentence but returned to public life. Whether Ulbricht follows a similar path or opts for a more private existence remains to be seen. Ross Ulbricht’s release and the upcoming documentary show the enduring fascination with the Silk Road saga. While some view him as a criminal mastermind, others consider him a martyr for internet freedom and cryptocurrency adoption. The documentary by Harris and Tulis is expected to offer a nuanced perspective on the events that shaped Ulbricht’s life and legacy, providing an opportunity to reassess the impact of Silk Road on the world of cryptocurrency and beyond. As the crypto community continues to grapple with the implications of Ulbricht’s actions and his release, the documentary may serve as a critical lens through which to examine the intersection of technology, freedom, and justice in the digital age.
Thu Jan 23 2025 5:56:52 AM
In a recent update from COINOTAG News, dated January 23rd, **PIMCO** has expressed cautious optimism regarding future **Federal Reserve** actions. The firm, known for its investment acumen, emphasized that with
Thu Jan 23 2025 5:56:29 AM
The post Airdrops.io: The Leading Platform for Crypto Airdrop Guides and Listings appeared first on Coinpedia Fintech News Airdrops.io stands as the internet’s premier destination for crypto airdrop guides and listings. Established with the goal of making crypto airdrops accessible to everyone, the platform has grown to become a trusted resource for both newcomers and experienced crypto enthusiasts seeking to participate in token distributions and farming opportunities. The platform combines comprehensive guides, real-time listings, and expert insights to help users navigate the complex world of crypto airdrops. With a focus on security and reliability, airdrops.io ensures users have access to accurate, timely information about upcoming and ongoing airdrop opportunities. Key Features of Airdrops.io Comprehensive Airdrop Listings Airdrops.io maintains an extensive database of current and upcoming airdrops. Each listing undergoes thorough verification to ensure legitimacy and provide users with essential details about participation requirements, potential rewards, and important deadlines. Expert-Crafted Guides The platform offers detailed, step-by-step guides for participating in airdrops across various blockchain networks. These guides break down complex processes into manageable steps, making it easier for users of all experience levels to participate successfully in airdrop campaigns. Real-Time Updates Users benefit from constant updates about new airdrops, changes in existing campaigns, and important announcements. This commitment to timeliness helps users stay ahead in the fast moving world of crypto airdrops. Security-First Approach Airdrops.io prioritizes user safety by implementing strict verification processes for listed airdrops. The platform provides detailed security tips and best practices to help users protect their assets while participating in airdrop campaigns. Why Choose Airdrops.io? Trusted Information Source As the leading platform in the airdrop space, airdrops.io has established itself as a reliable source of information. The platform’s dedication to accuracy and thoroughness has earned the trust of the crypto community. User-Friendly Interface The website features an intuitive design that makes it easy to find relevant information quickly. Whether searching for specific airdrops or browsing general guides, users can navigate the platform effortlessly. Educational Resources Beyond just listings, airdrops.io serves as an educational hub for understanding the fundamentals of crypto airdrops. The platform offers resources covering everything from basic concepts to advanced farming strategies. Maximizing Your Airdrop Success Strategic Approach Airdrops.io helps users develop effective strategies for participating in airdrops. The platform provides insights into maximizing potential rewards while minimizing risks through careful planning and execution. Network-Specific Guidance Understanding that different blockchain networks have unique requirements, airdrops.io offers specialized guides for participating in airdrops across various chains. Users can find specific information about wallet setup, gas fees, and network-specific considerations. Staying Informed with Airdrops.io Community Engagement The platform maintains active communication channels where users can discuss opportunities, share experiences, and stay updated on the latest developments in the airdrop space. Regular Updates Airdrops.io consistently updates its content to reflect changes in the crypto landscape, ensuring users have access to the most current information and opportunities. How Do I Get Started with Airdrops? Begin by exploring the beginner’s guides on airdrops.io. These resources will help you understand the basics of participating in airdrops and setting up the necessary wallets and tools. Are All Listed Airdrops Safe? While airdrops.io thoroughly verifies listings, users should always conduct their own research and follow security best practices when participating in any crypto-related activity. How Often Are New Airdrops Added? The platform updates its listings daily, ensuring users have access to the latest opportunities as they become available. Conclusion Airdrops.io continues to lead the way in providing reliable, comprehensive information about crypto airdrops. Whether you’re new to the space or an experienced participant, the platform offers the tools and resources needed to navigate the world of crypto airdrops successfully. The platform’s commitment to user education, security, and up-to-date information makes it an essential resource for anyone interested in participating in crypto airdrops. As the crypto ecosystem continues to evolve, airdrops.io remains dedicated to helping users discover and participate in legitimate airdrop opportunities. Remember to bookmark airdrops.io and check back regularly for the latest guides, listings, and updates in the dynamic world of crypto airdrops.
Thu Jan 23 2025 5:51:38 AM
The post MEMEX Presale Nears $3 Million for Meme Coin Index Platform as Investors Seek Stronghold Against TRUMP Dumps appeared first on Coinpedia Fintech News Meme Index ($MEMEX) has achieved another major milestone, raising over $2.7 million within the first month of its presale. The meme coin market has firmly established itself in the crypto ecosystem and is starting 2025 with renewed energy as the sector’s market cap once hovers around $119 billion. However, finding the next meme coin with massive growth potential remains a challenge for most investors, as only a small percentage of tokens deliver the exponential returns that crypto enthusiasts seek. This is where Meme Index changes the game as the first-ever meme coin index platform. By providing Dynamic Indexes and Curated Meme Coin Baskets, it allows investors to spread risk while maximizing growth potential. Its native token, $MEMEX, acts as the key to accessing these indexes, catering to risk preferences ranging from moderate to high volatility. https://twitter.com/memecoin_index/status/1881360287066185795 What makes $MEMEX unique is its adaptability. Token holders can customize their portfolios by modifying assets in each index and choosing from both established and emerging tokens. Priced at $0.0154693, $MEMEX offers an attractive entry point for early adopters. With the next price increase set to occur in less than two days, now is the perfect time to secure your position. Meme Index: A Safer Way to Invest in Meme Coins The meme coin market has become a defining feature of the cryptocurrency landscape, attracting investors with its mix of humor, community engagement, and rapid growth potential. Established tokens like Dogecoin ($DOGE) and Shiba Inu ($SHIB) have paved the way for meme coins to gain legitimacy, boasting market caps of $53 billion and $12 billion, respectively. Meanwhile, newer players such as Pepe ($PEPE) and Bonk ($BONK) are climbing the ranks. Even niche tokens like Fartcoin ($FARTCOIN) and Pudgy Penguins ($PENGU) are finding their audiences. However, investing in meme coins is notoriously risky. While a handful of tokens achieve astronomical gains, many fail to gain traction or deliver meaningful returns. Recent events in the meme coin market underscore the importance of diversification, particularly with tokens like $TRUMP experiencing significant price dumps. Investors who bought $TRUMP at its all-time high are currently down by nearly 50%. However, with Meme Index, investors could have allocated funds to one of the indexes instead of buying $TRUMP to mitigate losses or maintain a more diversified and balanced portfolio. Meme Index’s structure ensures that the failure of one token does not derail the performance of the entire index, offering a more resilient investment strategy in the unpredictable world of meme coins. Tailored Indexes for Every Investor Meme Index provides four indexes designed to align with investors’ risk tolerance and strategies: Meme Titan, Moonshot, Midcap, and Meme Frenzy. The Meme Titan Index, regarded as the “blue-chip” index, includes top meme tokens like $DOGE, $SHIB, and $PEPE. While these higher-cap tokens exhibit slower growth, they still hold strong upside potential. The Moonshot Index targets high-growth tokens with market caps under $1 billion, offering greater return potential at a higher risk. The Midcap Index shifts to tokens with market caps between $50 million and $250 million, presenting opportunities for 4x to 20x gains if they reach the $1 billion threshold. Finally, the Meme Frenzy Index appeals to risk-takers, featuring highly volatile, unconventional tokens. While not every token may succeed, the collective performance of the index mitigates individual risks, and one standout performer can drive significant gains. As a $ MEMEX holder, you gain access to these indexes and can participate in community governance. Token holders can vote on which assets are included or removed, keeping the indexes dynamic and aligned with market trends. For instance, if the community decides that $PEPE, which has declined 2.56% in the past week, no longer belongs in the Meme Titan Index, they could replace it with a more promising token like Pudgy Penguins ($PENGU) or Fartcoin ($FARTCOIN). This unique functionality has earned Meme Index high praise from crypto influencers, including Austin Hilton, who shared a glowing review with his 301,000 followers. Earn Up to 856% APY by Staking $MEMEX To join the Meme Index presale, visit the official website and connect your wallet (such as Best Wallet). $MEMEX tokens can be purchased using USDT, ETH, BNB, or a bank card. After acquiring tokens, holders can stake them and enjoy a Supercharged APY of 856%. At this rate, investments could double within 31 days, provided the APY remains consistent. Meme Index has also undergone rigorous audits by trusted firms Coinsult and SolidProof , ensuring the platform’s smart contracts are secure and reliable. For the latest updates, join the Meme Index community on Telegram and X . Visit MEMEX Here
Thu Jan 23 2025 5:51:20 AM
CoinGecko Reports Blockchains Earned Over $6.9 Billion in Transaction Fees in 2024 Ethereum: $2.5 billion Tron: $2.1 billion Bitcoin: $922.9 million Solana: $750.7 million BNB Chain: $194.8 million ————— 💰Coin:
Thu Jan 23 2025 5:50:43 AM
Recent disclosures from the U.S. Securities and Exchange Commission (SEC) indicate that Berkshire Hathaway has significantly increased its investment in Brazilian digital bank Nu Holdings. The stake rose from 0.1%