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Ethereum Price Surge: Eric Trump Sparks Market Rally

Tue, 04 Feb 2025 19:36:58 -0000

The Ethereum price surge took the crypto world by storm as the second-largest blockchain saw its value jump 25% in 24 hours. The cryptocurrency soared from $2,300 to over $2,900, recovering from a recent downturn. This latest rally coincided with a tweet from Eric Trump, which fueled speculation about the Trump family’s involvement in crypto … Continue reading "Ethereum Price Surge: Eric Trump Sparks Market Rally"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Ethereum price" decoding="async" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/3180-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>The Ethereum price surge took the crypto world by storm as the second-largest blockchain saw its value jump 25% in 24 hours. The cryptocurrency soared from $2,300 to over $2,900, recovering from a recent downturn. This latest rally coincided with a tweet from Eric Trump, which fueled speculation about the Trump family’s involvement in crypto markets. <a href="https://x.com/EricTrump/status/1886541132903133230?prefetchTimestamp=1738697804716&mx=2" target="_blank">Eric Trump’s post on X</a> (formerly Twitter) simply read: “In my opinion, it’s a great time to add $ETH.” This statement ignited a frenzy of speculation among investors, with many wondering whether the Trump administration might integrate Ethereum into future U.S. crypto policies. <h2>Political Influence on Ethereum’s Price Surge</h2> The timing of <a href="https://cryptocurrencynews.com/market-news/ethereum-price-prediction-will-eth-surge-past-5000/">Ethereum’s rally</a> is significant, occurring shortly after Donald Trump signed an executive order to establish a U.S. sovereign wealth fund. While the administration has hinted at Bitcoin (CRYPTO:BTC) being included in this initiative, Ethereum (CRYPTO:ETH) has not been officially mentioned. However, the Trump family’s financial ties to crypto suggest that Ethereum could still play a role in future policy decisions. The newly launched World Liberty Financial, a decentralized finance (DeFi) project reportedly backed by Trump-affiliated investors, has been accumulating Ethereum and wrapped Bitcoin (WBTC) as part of its holdings. The endorsement from Eric Trump adds weight to the theory that Ethereum could gain political backing in the coming months. If Ethereum adoption increases in government and institutional circles, it could lead to greater mainstream acceptance. <h2>Ethereum vs. Solana: The Battle for Market Dominance</h2> Despite the Ethereum price surge, there are concerns that the blockchain is losing ground to competitors like Solana (CRYPTO:SOL). Over the past year, Solana’s lower transaction costs and faster processing speeds have made it an attractive alternative for developers and investors. Ethereum, which pioneered smart contracts, has faced criticism for its high gas fees and scalability challenges. While Ethereum’s transition to Ethereum 2.0 has improved its efficiency, many in the industry argue that its market share is being eroded by newer blockchains offering better performance. The Ethereum community, led by Vitalik Buterin, is currently debating the future of the blockchain. Some developers claim Ethereum needs faster innovation, while others argue that its established network effect makes it the most secure smart contract platform. <h2>Institutional Investors Eye Ethereum’s Potential</h2> The latest Ethereum price surge has caught the attention of institutional investors. With BlackRock (NYSE:BLK) filing for an Ethereum ETF, there is speculation that a regulated investment vehicle could drive further adoption. A spot Ethereum ETF approval would likely bring in billions of dollars from traditional finance firms, similar to how Bitcoin ETFs boosted BTC’s price. If institutions continue accumulating Ethereum, it could solidify its place as the dominant smart contract blockchain. Meanwhile, tech giants like Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) are exploring Ethereum-based applications, particularly in the fields of AI, gaming, and the metaverse. This suggests that Ethereum’s real-world utility is expanding beyond simple peer-to-peer transactions. <h2>What’s Next for Ethereum?</h2> While Ethereum’s price surge has created excitement, the road ahead remains uncertain. Key developments to watch include: Regulatory Clarity – Will the SEC approve an Ethereum ETF, and how will U.S. regulators classify Ethereum’s status? Adoption in U.S. Policy – Could the Trump administration integrate Ethereum into its crypto strategy? Ethereum vs. Solana Rivalry – Will Ethereum maintain its lead, or will Solana and other competitors continue gaining ground? With political endorsements, institutional adoption, and technological improvements in play, Ethereum’s future remains one of the most debated topics in the crypto space. The next few months could determine whether this Ethereum price surge is just a temporary spike—or the start of a much bigger move.   Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a>
Who Is David Sacks? Trump’s Crypto Czar Sets His Agenda

Tue, 04 Feb 2025 19:26:12 -0000

The appointment of David Sacks as the United States’ crypto czar marks a significant shift in the country’s approach to blockchain and artificial intelligence (AI). With the new administration prioritizing pro-crypto policies, Sacks is expected to lead efforts in crafting a favorable regulatory environment. “For the last four years, the Biden administration has basically prosecuted … Continue reading "Who Is David Sacks? Trump’s Crypto Czar Sets His Agenda"

<figure><img width="1060" height="631" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="David Sacks" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631.jpg 1060w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-300x179.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-1024x610.jpg 1024w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-768x457.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-382x228.jpg 382w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>The appointment of <a href="https://www.reuters.com/world/us/trump-appoints-former-paypal-coo-david-sacks-ai-crypto-czar-2024-12-06/" target="_blank" rel="noopener">David Sacks</a> as the United States’ crypto czar marks a significant shift in the country’s approach to blockchain and artificial intelligence (AI). With the new administration prioritizing pro-crypto policies, Sacks is expected to lead efforts in crafting a favorable regulatory environment. “For the last four years, the Biden administration has basically prosecuted and persecuted crypto companies, really driving them offshore,” Sacks recently stated on Fox Business. On Tuesday, Sacks, a Silicon Valley venture capitalist with close ties to Elon Musk and Peter Thiel, will present his approach in Washington. <h2>David Sacks and the PayPal Mafia</h2> A key figure in the famous PayPal Mafia, Sacks played a pivotal role in the early days of PayPal Holdings Inc. (NASDAQ:PYPL). The 52-year-old South African native, who earned a law degree from the University of Chicago, became the company’s first chief operating officer. After eBay acquired PayPal for $1.5 billion in 2002, Sacks ventured into startups, founding and investing in companies such as: Geni, a genealogy platform Yammer, an enterprise communication tool later acquired by Microsoft (NASDAQ:MSFT) Zenefits, a human resources software firm In 2017, Sacks launched Craft Ventures, a venture capital firm backing startups in AI and blockchain, including BitGo, a major player in crypto custody, and Solana (CRYPTO:SOL) via an investment in Multicoin Capital. <h2>The Political Shift: From Tech to Trump</h2> Like Musk and Thiel, Sacks is vocal about his right-wing political stance. He has penned conservative opinion pieces and criticized U.S. foreign aid to Ukraine. His political engagement intensified in 2023 when he hosted a fundraiser for <a href="https://cryptocurrencynews.com/market-news/trumps-crypto-strategy-signals-policy-shift/">Donald Trump</a>, raising $12 million for the campaign. Sacks has since become a key policy advisor, particularly on crypto regulations and AI integration. <h2>What’s Next for Crypto Under David Sacks?</h2> Now holding one of the most influential roles in blockchain policy, Sacks faces high expectations from the industry. His priorities include: Stablecoin Legislation – Pushing for clear regulations on stablecoins like Tether (CRYPTO:USDT). Bitcoin Strategic Reserve – Exploring whether the U.S. should hold Bitcoin (CRYPTO:BTC) as part of its reserves. AI & Blockchain Synergies – Encouraging research on decentralized AI applications. He will have support from other pro-crypto policymakers, including Paul Atkins, Trump’s pick for the Securities and Exchange Commission (SEC), and Howard Lutnick, nominee for Secretary of Commerce, who has business ties to Tether. As Sacks outlines his vision, the industry will be watching closely. His policies could determine whether the U.S. reclaims its dominance in crypto and AI innovation. <h2>The Future of U.S. Crypto Regulation Under David Sacks</h2> With David Sacks at the helm of crypto and AI policy, industry leaders are optimistic about a more innovation-friendly regulatory landscape. The previous administration’s approach led to regulatory uncertainty, prompting many crypto firms to move operations offshore. Sacks has made it clear that his objective is to bring these companies back and create a business-friendly environment in the U.S. One of the most anticipated developments under Sacks is the possibility of the U.S. adopting Bitcoin as a strategic reserve asset. While nations like El Salvador have already taken steps in this direction, the U.S. embracing Bitcoin (CRYPTO:BTC) on a national level would be a game-changer for institutional adoption. Additionally, Sacks is expected to streamline SEC regulations under the leadership of Paul Atkins, reducing legal barriers that have stifled crypto exchanges and DeFi projects. With AI and blockchain integration also on the agenda, Sacks’ policies could significantly impact sectors beyond finance, including cybersecurity, healthcare, and supply chain management. As the Trump administration’s crypto czar, Sacks has a unique opportunity to shape the future of digital assets and AI in the U.S. The industry is now waiting to see how his vision translates into concrete policy actions. Featured Image: Freepik @ produtizebro <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Bybit Crypto Ark Experience Store: Bringing the Open Ecosystem to Life in Dubai

Tue, 04 Feb 2025 16:19:08 -0000

DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, redefines the ecosystem experience at the heart of MENA’s Web3 hub with the first brick and mortar Bybit Crypto Ark Experience Store. At the exclusive opening event on Jan. 17 at the Bybit headquarters, the brand new space was unveiled … Continue reading "Bybit Crypto Ark Experience Store: Bringing the Open Ecosystem to Life in Dubai"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/02/1f17ac351749463072cfad7bf1bb2339.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/02/1f17ac351749463072cfad7bf1bb2339.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/1f17ac351749463072cfad7bf1bb2339-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/1f17ac351749463072cfad7bf1bb2339-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/1f17ac351749463072cfad7bf1bb2339-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Feb. 4, 2025 /PRNewswire/ — <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange by trading volume, redefines the ecosystem experience at the heart of MENA’s Web3 hub with the first brick and mortar Bybit Crypto Ark Experience Store. At the exclusive opening event on Jan. 17 at the Bybit headquarters, the brand new space was unveiled to the global crypto community. A New Chapter in Ecosystem-Driven Innovation Welcoming diverse members of the crypto ecosystem, Bybit gave over 100 attendees a glimpse of Web3’s future through an immersive experience at Bybit’s famed Crypto Ark. The guests were treated to an evening of inspiring conversations and crypto innovations. Panels and pitches captured the latest trends and revolutionary solutions in crypto, featuring prominent guest speakers and founders from The Crypto Hub, Tiny Trader, the storied Ghaf Capital, PWR Chain, Griffin AI, Moonring, Dragon Fram, among others. Speakers from Bybit also opened up with a deep dive into the platform, showcasing the advanced products and features most popular among its users. The rapid-fire session provided visitors with an overview of Bybit’s comprehensive offerings, from wealth management, institutional solutions, VIP programs, to Web3 product innovation, all within an hour. To The Heart of Innovation at the Crypto Ark The new hub of blockchain and crypto innovation spans an impressive 16,000 sq. ft. at Dubai‘s CBD, fully dedicated to community building and the BUIDL ethos of the Web3 generation. It manifests Bybit’s vision to create an open space for dialogues both on-chain and in real life, driving forward blockchain innovation through collaborations and trust. “We welcome everyone who shares our passion for crypto and a smart-contract-enabled future, and it would be the highest honor to see changes materialize at the Bybit headquarters,” said Michelle D, UAE Country Manager at Bybit. “An ecosystem only thrives on a diverse supply chain of resources and talent. The Bybit’s Crypto Ark Experience Store provides traders with a space to explore and experience Bybit products, while offering builders a platform to test their ideas and turn their dreams into reality.” <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder2627"> <a href="https://mma.prnewswire.com/media/2612214/Bybit_Crypto_Ark_Experience_Store.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="Bybit Crypto Ark Experience Store" src="https://mma.prnewswire.com/media/2612214/Bybit_Crypto_Ark_Experience_Store.jpg" title="Bybit Crypto Ark Experience Store"></img></a> </div> Bybit is committed to creating real-world impact with the global crypto community, and its door is open to entrepreneurs, traders, and blockchain technology enthusiasts who are looking for an intellectual home and creative space. Find out more about the the Bybit Crypto Ark Experience Store and stay tuned for future events: <a href="https://uponly.larksuite.com/share/base/form/shrus4rD07idNH86oc7PAQQ22Df" rel="nofollow noopener" target="_blank">Application Form</a>. #Bybit / #TheCryptoArk 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 <a href="http://bybit.com/" rel="nofollow noopener" target="_blank">Bybit.com</a>. For more details about Bybit, please visit <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a> For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit’s Communities and Social Media</a> <a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder0"> <a href="https://mma.prnewswire.com/media/2267288/Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Bybit Logo (PRNewsfoto/Bybit)" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo (PRNewsfoto/Bybit)"></img> </a> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN11065&sd=2025-02-04" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/bybit-crypto-ark-experience-store-bringing-the-open-ecosystem-to-life-in-dubai-302367202.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/bybit-crypto-ark-experience-store-bringing-the-open-ecosystem-to-life-in-dubai-302367202.html</a> SOURCE Bybit <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN11065&Transmission_Id=202502040500PR_NEWS_USPR_____CN11065&DateId=20250204" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ akulamatiau <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Crypto Bull Run: Is It Over or Just a Temporary Dip?

Mon, 03 Feb 2025 20:21:02 -0000

The recent Bitcoin (CRYPTO:BTC) price crash to $91,200 has sparked debates over whether the crypto bull run is ending. While BTC recovered to $99,000 after news that U.S. tariffs on Mexico would be delayed, uncertainty looms over the market. Bitcoin Faces Key Resistance Levels Amid Market Jitters The ongoing market turbulence stems from former President … Continue reading "Crypto Bull Run: Is It Over or Just a Temporary Dip?"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/beautiful-cryptocurrency-hologram-design-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto bull run" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/beautiful-cryptocurrency-hologram-design-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/beautiful-cryptocurrency-hologram-design-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/beautiful-cryptocurrency-hologram-design-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>The recent Bitcoin (CRYPTO:BTC) price crash to $91,200 has sparked debates over whether the crypto bull run is ending. While BTC recovered to $99,000 after<a href="https://www.aljazeera.com/news/liveblog/2025/2/3/trump-live-news-tariffs-spook-asian-markets-musk-says-usaid-should-die" target="_blank" rel="noopener"> news that U.S. tariffs</a> on Mexico would be delayed, uncertainty looms over the market. <h2>Bitcoin Faces Key Resistance Levels Amid Market Jitters</h2> The ongoing market turbulence stems from former President Donald Trump’s aggressive trade policies, which many compare to the 1930 Smoot-Hawley tariffs that deepened the Great Depression. Financial markets reacted swiftly, with the tech-heavy NASDAQ Composite (NASDAQ:IXIC) dropping 2.40% before recovering. Meanwhile, <a href="https://cryptocurrencynews.com/market-news/crypto-tariff-impact-why-markets-took-a-hard-hit/">Bitcoin’s price movements</a> have mirrored investor sentiment regarding the tariff impact. Trump’s recent announcement that “pain” from tariffs is necessary caused Bitcoin to dip to $91,200, a critical support level. However, an agreement between the U.S. and Mexico postponed new tariffs by a month, prompting a recovery in risk assets, including crypto. Still, BTC faces resistance at $100,000, $102,000, and $104,000. A rejection at these levels could lead to a retest of $91,200, or even a deeper correction toward $74,000, according to market analysts. Traders remain cautious as Trump is set to hold discussions with Canadian Prime Minister Justin Trudeau. Any negative developments could reignite selling pressure, particularly if tariffs expand to other major trading partners like China and the European Union. <h2>Crypto Bull Run at Risk? Indicators Signal Market Weakness</h2> While some investors believe the crypto bull run is intact, key indicators suggest caution. The MVRV (Market Value to Realized Value) momentum indicator remains weak, signaling a potential cooldown. Historical data shows that a drop below $92,100 could trigger a deeper sell-off. Additionally, the crypto market’s high leverage levels mean that liquidations can intensify downward moves. Over the past 24 hours, more than $2.2 billion in leveraged positions were wiped out, making this one of the largest liquidation events since the FTX collapse in 2022. <h2>Smart Money Investors Shift Focus to Low-Cap Cryptos</h2> Amid the uncertainty surrounding Bitcoin’s direction, institutional investors and high-net-worth traders are increasingly shifting their focus to low-cap cryptocurrencies. For instance, Solana-based token Alpha (CRYPTO:ALPHA) surged 46% on Monday, defying the market downturn. This suggests that investors are hunting for alternative opportunities beyond large-cap assets. Similarly, AI-driven meme coin Mind of Pepe (CRYPTO:MIND) is gaining traction. Unlike traditional meme coins, MIND leverages artificial intelligence to provide real-time market analysis and community-driven trading signals. MIND’s ongoing presale has already raised nearly $5 million, highlighting strong investor interest despite broader market volatility. With its ability to self-manage social media trends, some traders believe MIND could deliver 10x to 100x returns in the coming months. <h2>Altcoins Remain High-Risk, High-Reward Plays</h2> Despite the resilience of select low-cap cryptos, large-cap altcoins remain vulnerable. Tokens like Fartcoin (CRYPTO:FARTCOIN), AI16Z (CRYPTO:AI16Z), and AIXBT (CRYPTO:AIXBT) continue to show strong correlation with Bitcoin, meaning another BTC dip could drag these assets lower. However, traders who correctly time entries into high-demand altcoins could benefit from significant short-term rallies. Historically, the assets that bounce the hardest during market recoveries tend to have the strongest upside potential. <h2>Final Thoughts: Should You Still Buy Bitcoin?</h2> The crypto bull run may not be over, but investors should proceed with caution. Bitcoin must decisively break above $104,000 to confirm bullish momentum. Until then, volatility is likely to persist, with potential downside risks remaining. For those seeking safer entries, dollar-cost averaging (DCA) may be a prudent strategy. Additionally, keeping an eye on alternative assets like low-cap cryptos and AI-driven projects could provide opportunities even in uncertain market conditions. Featured Image: Freepik © freepik <a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a>
Crypto Tariff Impact: Why Markets Took a Hard Hit

Mon, 03 Feb 2025 19:53:55 -0000

Cryptocurrency markets have faced severe losses following former President Donald Trump’s tariff announcements, with leveraged positions amplifying the sell-off. Unlike traditional assets, crypto markets operate 24/7, leading to heightened volatility. Crypto Tariff Impact Hits Digital Assets Hard While global markets reacted negatively to the tariff news, digital assets took a particularly hard hit. Bitcoin (CRYPTO:BTC) … Continue reading "Crypto Tariff Impact: Why Markets Took a Hard Hit"

<figure><img width="768" height="431" src="https://cryptocurrencynews.com/wp-content/uploads/2025/02/72521a3276a3c34f24c18ba713e8137e-768x431-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto Tariff Impact" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/02/72521a3276a3c34f24c18ba713e8137e-768x431-1.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/72521a3276a3c34f24c18ba713e8137e-768x431-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/72521a3276a3c34f24c18ba713e8137e-768x431-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Cryptocurrency markets have faced severe losses following former President Donald Trump’s tariff announcements, with leveraged positions amplifying the sell-off. Unlike traditional assets, <a href="https://cryptocurrencynews.com/crypto/cryptocurrency-market-to-grow-by-usd-39-75-billion-2025-2029-rising-investment-in-digital-assets-to-boost-revenue-report-on-ai-driving-market-transformation-technavio/">crypto markets</a> operate 24/7, leading to heightened volatility. <h2>Crypto Tariff Impact Hits Digital Assets Hard</h2> While global markets reacted negatively to the tariff news, digital assets took a particularly hard hit. Bitcoin (CRYPTO:BTC) saw a decline of up to 6.8%, while other major tokens like XRP (CRYPTO:XRP) and Solana (CRYPTO:SOL) suffered double-digit losses. Ethereum (CRYPTO:ETH) experienced the sharpest drop, losing as much as 25% before recovering slightly. This sell-off erased all of its post-election gains and pushed it to a five-month low. <h2>Why Crypto Reacted More Sharply Than Stocks</h2> Trump’s tariff policy announcement targeted Canada, Mexico, and China, affecting investor sentiment across various sectors. However, the crypto tariff impact was more pronounced due to three key factors: Continuous Trading: Unlike stock markets, crypto never sleeps. The weekend sell-off accelerated, leading to further declines as markets reopened Monday. High Leverage: Many traders use margin to amplify gains, but during downturns, forced liquidations accelerate losses. Ethereum’s Role in DeFi: Ethereum is the backbone of decentralized finance (DeFi), meaning automated liquidations disproportionately affected ETH. <h2>Massive Liquidations Triggered by Tariff Fears</h2> According to Matt Mena, a crypto research strategist at 21Shares, more than $2.2 billion in crypto positions were liquidated within 24 hours. This figure surpasses liquidation events seen during the collapses of FTX and Terra Luna in 2022. Zack Shapiro, head of policy at the Bitcoin Policy Institute, noted that Ethereum’s outsized losses stem from its deeper integration into DeFi platforms. Many decentralized exchanges and market makers rely on ETH, making it especially vulnerable. <h2>Will Bitcoin Hold Above Key Support?</h2> Bitcoin (CRYPTO:BTC) has hovered near the critical $90,000 level. Standard Chartered has warned that if BTC drops below this threshold, it could trigger a broader market downturn. Some analysts see this correction as a necessary market reset. Mena suggests that the crypto sector had been overheating, particularly with the rise of Trump-themed meme coins. He believes the current sell-off could help stabilize the market. “Regardless, the market needed a cooldown, and this tariff-driven sell-off may have just been the catalyst to force a reset,” Mena said. <h2>What’s Next for Crypto Markets?</h2> Despite the sharp drop, some investors see opportunities. Historically, crypto has shown resilience, rebounding from major sell-offs driven by external shocks. Traders are now watching for signs of stabilization, particularly in Bitcoin, which often sets the trend for the broader market. One key factor will be how institutional investors react. Firms like BlackRock (NYSE:BLK) and Coinbase (NASDAQ:COIN) have been increasing their exposure to digital assets through spot Bitcoin ETFs and custody services. If institutional demand remains strong, it could help support prices. Additionally, regulatory clarity may play a role. Trump’s policies on tariffs have shaken markets, but his stance on crypto remains a wildcard. Some speculate that his administration could take a more favorable approach to digital assets, which might attract more institutional investors in the long run. <h2>Investor Strategies in a Volatile Market</h2> For investors navigating this volatility, risk management is crucial. Analysts suggest that dollar-cost averaging (DCA) could be a safer strategy during uncertain times. This method involves buying crypto in regular increments rather than making large, one-time purchases, reducing the risk of buying at peak prices. Additionally, diversification remains key. While Bitcoin and Ethereum dominate the market, alternative assets such as stablecoins and blockchain-based equities, including companies like Marathon Digital Holdings (NASDAQ:MARA), could offer stability in turbulent periods. <h2>Final Thoughts</h2> The crypto tariff impact underscores how external economic policies can shake digital markets. While some analysts view the sell-off as a short-term correction, traders remain cautious as uncertainty around Trump’s trade policies continues. Long-term investors may see this as a buying opportunity, while short-term traders brace for further volatility. The coming weeks will be critical in determining whether the market stabilizes or if another leg downward is in store. Would you like any further refinements? Featured Image: depositphotos @ monsit <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
ZK International’s xSigma Corp. Plans to Launch xSigma Wallet: A Crypto Platform for Buying Memecoins & Digital Assets with Credit Cards

Mon, 03 Feb 2025 16:19:07 -0000

WENZHOU, China, Jan. 31, 2025 /PRNewswire/ — ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZK International” or the “Company”), is pleased to announce that its subsidiary, xSigma Corp., continues its commitment to technological advancements by planning the launch of xSigma Wallet, a next-generation crypto banking wallet that will enable users to seamlessly buy memecoins and … Continue reading "ZK International’s xSigma Corp. Plans to Launch xSigma Wallet: A Crypto Platform for Buying Memecoins & Digital Assets with Credit Cards"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2025/02/68d933ed6ea37202925f56df9e16eaf4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/02/68d933ed6ea37202925f56df9e16eaf4.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/68d933ed6ea37202925f56df9e16eaf4-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/68d933ed6ea37202925f56df9e16eaf4-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>WENZHOU, China, Jan. 31, 2025 /PRNewswire/ — ZK International Group Co., Ltd. (Nasdaq: ZKIN) (“ZK International” or the “Company”), is pleased to announce that its subsidiary, xSigma Corp., continues its commitment to technological advancements by planning the launch of xSigma Wallet, a next-generation crypto banking wallet that will enable users to seamlessly buy memecoins and cryptocurrencies using Visa / Mastercard credit cards, Apple Pay, PayPal, and Google Pay. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/1825197/ZK_Logo_2022_2023_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="(PRNewsfoto/ZK International Group Co., Ltd.)" src="https://mma.prnewswire.com/media/1825197/ZK_Logo_2022_2023_Logo.jpg" title="(PRNewsfoto/ZK International Group Co., Ltd.)"></img> </a> </div> As part of this initiative, xSigma Wallet will also introduce its own xSigma Visa credit card, allowing users to top up their balance with crypto, providing greater accessibility and flexibility for digital asset holders. A FinTech Platform Built for Security & Convenience xSigma Wallet will be regulated in the U.S. and serve customers in over 170 countries, ensuring compliance with financial regulations while providing users with a secure and trusted digital asset experience. The wallet is being developed by the xSigma team, with regulated financial services provided by a white-label provider. Key Features of xSigma Wallet: <ul type="disc"> <li>Buy Crypto & Memecoins – Users can purchase popular cryptocurrencies instantly with credit cards and Apple Pay.</li> <li>xSigma Visa Credit Card – A crypto-backed Visa card, enabling users to spend their digital assets easily.</li> <li>Secure & Regulated – Registered in the U.S., ensuring a compliant financial framework.</li> <li>White-Labeled Platform – Designed to be branded and operated under xSigma’s ecosystem.</li> <li>Non-Custodial Storage – xSigma will offer a secure, non-custodial way to store memecoins and major cryptocurrencies.</li> <li>On-Ramp Services – The wallet will provide simple fiat-to-crypto on-ramp services, allowing users to buy memecoins with minimal effort.</li> <li> Strategic Partnerships – xSigma plans to partner with various memecoins to become their official on-ramping partner.</li> </ul> Strong Market Demand for Memecoins & On-Ramp Services The recent traction of Trump’s memecoin and Moonshot, a competing app that processed a record-breaking $400 million in trading volume on day one, indicates a strong demand for seamless on-ramp services for assets like memecoins. xSigma Wallet aims to meet this growing need by offering a frictionless and compliant way to purchase, store, and spend digital assets. “At xSigma, we are committed to driving innovation in the digital asset space,” said Mr. Huang Jiancong, Chairman of ZK International. “The launch of xSigma Wallet is a major step forward in providing users with a secure, regulated, and user-friendly way to engage with cryptocurrencies and memecoins. As the market evolves, we aim to set the standard for compliant and seamless on-ramp solutions.” Looking Ahead The launch of xSigma Wallet represents another milestone in xSigma Corp.’s strategy to stay relevant in blockchain innovation and the digital infrastructure of tomorrow. More details, including launch dates and platform availability, will be announced in the coming months. For more information please visit <a href="http://www.zkinternationalgroup.com/" rel="nofollow noopener" target="_blank">www.ZKInternationalGroup.com</a>. Additionally, please follow the Company on <a href="https://twitter.com/ZKIN_CleanWater" rel="nofollow noopener" target="_blank">Twitter</a>, <a href="https://www.facebook.com/ZKINTERNATIONAL/" rel="nofollow noopener" target="_blank">Facebook</a>, <a href="https://www.youtube.com/channel/UCdXBTSoR5ISnQjY78y44SvQ" rel="nofollow noopener" target="_blank">YouTube</a>, and <a href="http://weibo.com/zkinternational" rel="nofollow noopener" target="_blank">Weibo</a>. For further information on the Company’s SEC filings please visit <a href="http://www.sec.gov/" rel="nofollow noopener" target="_blank">www.sec.gov</a>. About xSigma Corp. xSigma Corp. is a blockchain R&D lab and a subsidiary of ZK International Group Co., Ltd. (Nasdaq: ZKIN). The company focuses on decentralized finance (DeFi), blockchain-based payments, and financial technology innovations. About ZK International Group Co., Ltd.: ZK International Group Co., Ltd. is a China-based engineering company building and investing in innovative technologies for the modern world. With a focus on designing and implementing next-generation solutions through industrial, environmental and software engineering, ZKIN owns 28 patents, 21 trademarks, 2 Technical Achievement Awards, and 10 National and Industry Standard Awards. ZKIN’s core business is to engineer and manufacture patented high-performance stainless steel and carbon steel pipe products that effectively deliver high quality, highly-sustainable and environmentally sound drinkable water to the Chinese, Asia and European markets. ZK International is Quality Management System Certified (ISO9001), Environmental Management System Certified (ISO1401), and a National Industrial Stainless Steel Production Licensee. It has supplied stainless steel pipelines for over 2,000 projects, which include the Beijing National Airport, the “Water Cube” and “Bird’s Nest”, which were venues for the 2008 Beijing Olympics. ZK International is preparing to capitalize on the $850 Billion commitment made by the Chinese Government to improve the quality of water, which has been stated to be 70% unfit for human contact. Safe Harbor Statement This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict and many of which are beyond the control of ZK International. Actual results may differ from those projected in the forward-looking statements due to risks and uncertainties, as well as other risk factors that are included in the Company’s filings with the U.S. Securities and Exchange Commission. Although ZK International believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by ZK International or any other person that their objectives or plans will be achieved. ZK International does not undertake any obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN08931&sd=2025-01-31" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/zk-internationals-xsigma-corp-plans-to-launch-xsigma-wallet-a-crypto-platform-for-buying-memecoins--digital-assets-with-credit-cards-302365311.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/zk-internationals-xsigma-corp-plans-to-launch-xsigma-wallet-a-crypto-platform-for-buying-memecoins–digital-assets-with-credit-cards-302365311.html</a> SOURCE ZK International Group Co., Ltd. <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN08931&Transmission_Id=202501310900PR_NEWS_USPR_____CN08931&DateId=20250131" style="border:0px;width:1px;height:1px"></img> Featured Image: Unplash @ Kanchanara <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Lavenhill Securities Limited Leverages SpaceX Momentum to Explore Cryptocurrencies and Blockchain Technology

Sun, 02 Feb 2025 16:19:09 -0000

CENTRAL, Hong Kong, Jan. 31, 2025 /PRNewswire/ — Lavenhill Securities Limited, a global financial services firm, is capitalizing on the groundbreaking momentum of SpaceX to expand its focus on cryptocurrency and blockchain technologies. Inspired by SpaceX’s relentless pursuit of innovation in space exploration, Lavenhill Securities aims to harness the transformative power of decentralized digital assets … Continue reading "Lavenhill Securities Limited Leverages SpaceX Momentum to Explore Cryptocurrencies and Blockchain Technology"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/02/542835d32c09fa61a73f1f283a8f8fb4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/02/542835d32c09fa61a73f1f283a8f8fb4.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/542835d32c09fa61a73f1f283a8f8fb4-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/542835d32c09fa61a73f1f283a8f8fb4-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/542835d32c09fa61a73f1f283a8f8fb4-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>CENTRAL, Hong Kong, Jan. 31, 2025 /PRNewswire/ — Lavenhill Securities Limited, a global financial services firm, is capitalizing on the groundbreaking momentum of SpaceX to expand its focus on cryptocurrency and blockchain technologies. Inspired by SpaceX’s relentless pursuit of innovation in space exploration, Lavenhill Securities aims to harness the transformative power of decentralized digital assets to revolutionize the financial sector. SpaceX Soars to New Heights SpaceX’s valuation has reached $350 billion, making it the most valuable startup globally. After a recent tender offer, investors are benefiting from a significant increase in valuation compared to the earlier $210 billion figure, currently pricing them at $185 per share. Cryptocurrencies for Global Financial Solutions Recognizing the growing popularity of cryptocurrencies, Lavenhill Securities is looking at the potential to simplify cross-border transactions, save costs, and increase accessibility for customers globally. This strategic emphasis complements Lavenhill’s commitment to provide cutting-edge solutions in a continuously changing financial world. Improving Decentralized Finance (DeFi) with AI. Commitment to Innovation and Progress Lavenhill Securities Limited encourages financial innovation while maintaining security, transparency, and sustainability. The company’s innovative approach reflects SpaceX’s vision for the future via cutting-edge technology. “At Lavenhill, we are inspired by SpaceX’s ability to redefine boundaries,” said Theodore Grayson, Sr. Finance Director at Lavenhill Securities. “This momentum motivates us to embrace blockchain and cryptocurrencies as transformative tools that will not only redefine finance but also enable us to explore possibilities far beyond Earth.” About Lavenhill Securities Limited Lavenhill Securities Limited is a global financial services firm specializing in innovative solutions across investment banking, asset management, and financial technologies. Committed to driving progress, Lavenhill continuously adopts advanced technologies to shape the future of finance. For media inquiries, please contact: Catherine Yip Public Relations Website: <a href="https://c212.net/c/link/?t=0&l=en&o=4351968-1&h=3604774661&u=https%3A%2F%2Flavenhillsecuritiesl.com&a=https%3A%2F%2Flavenhillsecuritiesl.com" rel="nofollow noopener" target="_blank">https://lavenhillsecuritiesl.com</a> Phone: +85258030864 Address: MW Tower, 111 Bonham Strand, Sheung Wan, Hong Kong <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=PH08195&sd=2025-01-31" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/lavenhill-securities-limited-leverages-spacex-momentum-to-explore-cryptocurrencies-and-blockchain-technology-302364411.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/lavenhill-securities-limited-leverages-spacex-momentum-to-explore-cryptocurrencies-and-blockchain-technology-302364411.html</a> SOURCE Lavenhill Securities Limited <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=PH08195&Transmission_Id=202501310836PR_NEWS_USPR_____PH08195&DateId=20250131" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ spaxiax <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis

Sat, 01 Feb 2025 16:19:21 -0000

DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest crypto derivatives report, published weekly with Blocks Scholes. This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, … Continue reading "Options Market Recovers From Monday’s Sell-Off: Bybit and Block Scholes Analysis"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/02/8316f0a41984001ea432b22417790be4.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/02/8316f0a41984001ea432b22417790be4.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/8316f0a41984001ea432b22417790be4-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/8316f0a41984001ea432b22417790be4-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/02/8316f0a41984001ea432b22417790be4-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Jan. 31, 2025 /PRNewswire/ — <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange by trading volume, has released <a href="https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-jan-29-2025/" rel="nofollow noopener" target="_blank">the latest crypto derivatives report</a>, published weekly with Blocks Scholes. This week’s report highlights a significant risk-off event early in the week, as DeepSeek’s LLM announcement coincided with sharp declines across major indices and crypto markets. Despite this volatility, open interest in perpetual swaps remained stable, with funding rates momentarily turning negative before recovering. The options market also saw increased trading activity during the sell-off, even as forward-looking volatility expectations declined. Key Insights: <ul type="disc"> <li>BTC Open Interest Shows Minimal Movement – Despite the highest single-day trading volumes in BTC call options this month – reaching nearly $250 million during the spot price decline – volatility has continued to decline in both realized and implied terms. Short-tenor options are exhibiting lower volatility with a neutral skew, while longer-dated volatility smiles maintain a bullish bias towards out-of-the-money (OTM) calls, continuing a trend seen since the election.</li> <li>ETH Options Maintain Bullish Momentum – Trading volume for ETH options has surged to its highest levels in a month, with open interest remaining heavily weighted toward calls. While the global market sell-off briefly impacted short-tenor ETH volatility smiles, ETH options have continued to trade at higher volatility levels relative to BTC. Despite ETH’s spot recovery lagging behind BTC’s, its options market remains strong.</li> </ul> <div dir="ltr" id="prni_dvprnejpg4104left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Sources: Bybit, Block Scholes" id="prnejpg4104left" src="https://mma.prnewswire.com/media/2610298/Sources_Bybit_Block_Scholes.jpg" title="Sources: Bybit, Block Scholes"></img></div> <ul type="disc"> <li>Solana Options See Solid Open Interest – Following a price rally spurred by the launch of two presidential meme coins, Solana (SOL) has retraced alongside the broader crypto market. However, open interest in puts and calls remains elevated, with trading activity surpassing pre-rally levels. Stable levels of newly opened put options suggest strategic protective buying to hedge profitable long positions in other instruments.</li> </ul> The Bybit x Block Scholes Crypto Derivatives Analytics Report continues to provide actionable insights for traders and investors, offering a detailed breakdown of market trends and trading dynamics. Access the Full Report <a href="https://learn.bybit.com/crypto-insight/bybit-x-block-scholes-crypto-derivatives-analytics-report-jan-29-2025/" rel="nofollow noopener" target="_blank">here</a>. #Bybit / #TheCryptoArk /#BybitResearch 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 <a href="http://bybit.com/" rel="nofollow noopener" target="_blank">Bybit.com</a>. For more details about Bybit, please visit <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a> For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit’s Communities and Social Media</a> <a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a> <div dir="ltr" id="prni_dvprnejpg718fleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpg718fleft" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> Photo – <a href="https://mma.prnewswire.com/media/2610298/Sources_Bybit_Block_Scholes.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2610298/Sources_Bybit_Block_Scholes.jpg</a> Logo – <a href="https://mma.prnewswire.com/media/2267288/Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2267288/Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN08941&sd=2025-01-31" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/options-market-recovers-from-mondays-sell-off-bybit-and-block-scholes-analysis-302365301.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/options-market-recovers-from-mondays-sell-off-bybit-and-block-scholes-analysis-302365301.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN08941&Transmission_Id=202501310807PR_NEWS_EURO_ND__EN08941&DateId=20250131" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ ilolab 3 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Nearly One-Quarter of Financial Advisors Report Majority of Clients Now Own Digital Assets, DACFP Survey Shows

Fri, 31 Jan 2025 16:19:11 -0000

Q4 2024 Advisor Pulse Survey reveals significant increase in crypto ownership and recommendations GREAT FALLS, Va., Jan. 30, 2025 /PRNewswire/ — Twenty-four percent of financial advisors report that more than half their clients now own digital assets, marking a 25% increase from the previous quarter, according to the latest Advisor Pulse Survey conducted by the … Continue reading "Nearly One-Quarter of Financial Advisors Report Majority of Clients Now Own Digital Assets, DACFP Survey Shows"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/0f538e226f53467e776761148a15e5ae.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/0f538e226f53467e776761148a15e5ae.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/0f538e226f53467e776761148a15e5ae-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/0f538e226f53467e776761148a15e5ae-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/0f538e226f53467e776761148a15e5ae-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Q4 2024 Advisor Pulse Survey reveals significant increase in crypto ownership and recommendations GREAT FALLS, Va., Jan. 30, 2025 /PRNewswire/ — Twenty-four percent of financial advisors report that more than half their clients now own digital assets, marking a 25% increase from the previous quarter, according to the latest <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=1152215572&u=https%3A%2F%2Fdacfp.com%2Fwhitepapers%2F&a=Advisor+Pulse+Survey" rel="nofollow noopener" target="_blank">Advisor Pulse Survey</a> conducted by the <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=165423061&u=https%3A%2F%2Fdacfp.com%2F&a=Digital+Assets+Council+of+Financial+Professionals" rel="nofollow noopener" target="_blank">Digital Assets Council of Financial Professionals</a> (DACFP) and sponsored by <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=3112639219&u=https%3A%2F%2Fwww.franklintempleton.com%2Fabout-us%2Four-teams%2Fspecialist-investment-managers%2Fdigital-assets&a=Franklin+Templeton+Digital+Assets" rel="nofollow noopener" target="_blank">Franklin Templeton Digital Assets</a>. The survey also reveals that 20% of advisors now recommend crypto to all their clients – nearly double the percentage reported in Q3 2024. Additionally, 65% of advisors have recommended crypto to 10% or more of their clients, with more than a third (35%) recommending it to at least half of their clients. “These findings demonstrate a significant acceleration in crypto adoption among both advisors and their clients,” said DACFP Founder Ric Edelman, CBDA. “The steady increase in allocation recommendations suggests growing advisor confidence in digital assets as a portfolio component.” Among advisors who recommend crypto, the most common allocation remains 2% of assets, recommended by almost a third of advisors (30%). Another 20% recommend a 5% allocation, while advisors recommending larger allocations of 10%-14% increased by 3% since Q3. For advisors not yet recommending crypto, 46% plan to do so, with 33% indicating they will begin within six months. Of those planning to start, 90% intend to recommend allocations of 1% to 5%. To support advisors in this rapidly evolving space, DACFP and Franklin Templeton have partnered to offer “<a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=3336377371&u=https%3A%2F%2Fwww.franklintempleton.com%2Fpractice-management%2Ffranklin-templeton-academy%2Fdiscovering-digital-assets&a=Blockchain%2C+Bitcoin%2C+and+Beyond" rel="nofollow noopener" target="_blank">Blockchain, Bitcoin, and Beyond</a>,” an educational course providing foundational knowledge for financial professionals looking to incorporate digital assets into their practice. Methodology The survey was conducted between October and December 2024, with 266 financial professionals participating. Nearly two-thirds (62%) of respondents are financial advisors affiliated with independent RIA firms. Nine in 10 (88%) have more than 10 years of industry experience, with 65% having two decades of experience. Most respondents (63%) primarily serve clients with assets ranging from $500,000 to $3.5 million, and 34% manage more than $100 million in assets. For detailed survey findings, visit <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=2685714329&u=https%3A%2F%2Fdacfp.com%2Fwhitepapers%2F&a=https%3A%2F%2Fdacfp.com%2Fwhitepapers%2F" rel="nofollow noopener" target="_blank">https://dacfp.com/whitepapers/</a>. About DACFP Founded by Ric Edelman, the <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=165423061&u=https%3A%2F%2Fdacfp.com%2F&a=Digital+Assets+Council+of+Financial+Professionals" rel="nofollow noopener" target="_blank">Digital Assets Council of Financial Professionals</a> is the leading provider of crypto education. DACFP connects the financial services industry and digital assets communities with leading experts via live and online events, webinars, blogs and other educational content. Its flagship program, the <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=3034607718&u=https%3A%2F%2Fdacfp.com%2Fcertification%2F&a=Certified+in+Blockchain+and+Digital+Assets" rel="nofollow noopener" target="_blank">Certified in Blockchain and Digital Assets</a>SM, is the first and largest certification program of its kind—an online self-study program featuring a world-class faculty and 18 Continuing Education credits. Thousands of financial professionals from 37 countries have enrolled. About Franklin Templeton Digital Assets Franklin Templeton Digital Assets has been active in the digital asset ecosystem since 2018, building blockchain-based technology solutions, developing a range of investment strategies, and running node validators. Franklin Templeton Digital Assets’ dedicated digital assets research team leverages fundamental “tokenomic” analysis, insights from an embedded data science team, and deep industry connections to help inform product development and investment decisions. For more information, please visit <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=1846193817&u=https%3A%2F%2Fwww.alternativesbyft.com%2F&a=Franklin+Templeton+Digital+Assets" rel="nofollow noopener" target="_blank">Franklin Templeton Digital Assets</a> and follow the team on <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=4276220397&u=https%3A%2F%2Fx.com%2Ffti_da&a=X" rel="nofollow noopener" target="_blank">X</a>. The responses and recommendations provided by survey respondents are not recommendations of Franklin Templeton. Franklin Templeton Digital Assets is a part of Franklin Resources, Inc. [NYSE: BEN], a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.58 trillion in assets under management as of December 31, 2024. For more information, please visit <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=226762172&u=https%3A%2F%2Fwww.franklintempleton.com%2F&a=franklintempleton.com" rel="nofollow noopener" target="_blank">franklintempleton.com</a> and follow us on <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=2600015164&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ffranklin-templeton%2F&a=LinkedIn" rel="nofollow noopener" target="_blank">LinkedIn</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=481713269&u=https%3A%2F%2Fx.com%2Ffti_us&a=X" rel="nofollow noopener" target="_blank">X</a> and <a href="https://c212.net/c/link/?t=0&l=en&o=4351952-1&h=2336988371&u=https%3A%2F%2Fwww.facebook.com%2Ffranklintempleton&a=Facebook" rel="nofollow noopener" target="_blank">Facebook</a>. <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=DE08178&sd=2025-01-30" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.com/news-releases/nearly-one-quarter-of-financial-advisors-report-majority-of-clients-now-own-digital-assets-dacfp-survey-shows-302364382.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/nearly-one-quarter-of-financial-advisors-report-majority-of-clients-now-own-digital-assets-dacfp-survey-shows-302364382.html</a> SOURCE Digital Assets Council of Financial Professionals <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=DE08178&Transmission_Id=202501300900PR_NEWS_USPR_____DE08178&DateId=20250130" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ Violka08 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Cryptocurrency Market to Grow by USD 39.75 Billion (2025-2029), Rising Investment in Digital Assets to Boost Revenue, Report on AI Driving Market Transformation – Technavio

Thu, 30 Jan 2025 16:19:10 -0000

NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global cryptocurrency market size is estimated to grow by USD 39.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.7% during the forecast period. Rising investment in digital assets is driving market growth, with a … Continue reading "Cryptocurrency Market to Grow by USD 39.75 Billion (2025-2029), Rising Investment in Digital Assets to Boost Revenue, Report on AI Driving Market Transformation – Technavio"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/72521a3276a3c34f24c18ba713e8137e.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/72521a3276a3c34f24c18ba713e8137e.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/72521a3276a3c34f24c18ba713e8137e-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/72521a3276a3c34f24c18ba713e8137e-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/72521a3276a3c34f24c18ba713e8137e-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Jan. 30, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global <a href="http://www.technavio.com/report/cryptocurrency-market-industry-analysis?utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=aitrend1_2_report_week05_2025&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">cryptocurrency market</a> size is estimated to grow by USD 39.75 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 16.7% during the forecast period. Rising investment in digital assets is driving market growth, with a trend towards acceptance of cryptocurrency by retailers. However, volatility in value of cryptocurrency poses a challenge. Key market players include AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings, Pantera Capital, PT Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, Valora Inc., WazirX, and Xapo Bank Ltd.. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2608956/Technavio_Infographic.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Technavio has announced its latest market research report titled Global Cryptocurrency Market 2025-2029" src="https://mma.prnewswire.com/media/2608956/Technavio_Infographic.jpg" title="Technavio has announced its latest market research report titled Global Cryptocurrency Market 2025-2029"></img> </a> </div> AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- <a href="http://www.technavio.com/talk-to-us?report=IRTNTR74469&type=sample&src=report&utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=aitrend1_2_rfs1_week05_2025&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">View Free Sample Report PDF</a> <div> <table border="0" cellpadding="0" cellspacing="0" class="prnbcc"> <tr> <td class="prnpr2 prnpl8 prnvam prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" nowrap="nowrap" rowspan="1"> Forecast period </td> <td class="prnpr2 prnpl8 prnvam prncbts prnbrbrs prnbbbs prnsblb1" colspan="1" rowspan="1"> 2025-2029 </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Base Year </td> <td class="prngen5" colspan="1" rowspan="1"> 2024 </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Historic Data </td> <td class="prngen5" colspan="1" rowspan="1"> 2019 – 2023 </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Segment Covered </td> <td class="prngen5" colspan="1" rowspan="1"> Type (Bitcoin, Ethereum, and Others), Component (Hardware and Software), Geography (North America, Europe, APAC, South America, and Middle East and Africa). </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Region Covered </td> <td class="prngen5" colspan="1" rowspan="1"> North America, Europe, APAC, South America, and Middle East and Africa </td> </tr> <tr> <td class="prngen4" colspan="1" nowrap="nowrap" rowspan="1"> Key companies profiled </td> <td class="prngen5" colspan="1" rowspan="1"> AlphaPoint Corp., Binance Holdings Ltd., Bit2Me, Bitfury Group Ltd., Cardano, CEX.IO Corp., Coinbase Global Inc., DOGECOIN, FMR LLC, Gemini Trust Co. LLC, KuCoin, Ledger SAS, Marathon Digital Holdings, Pantera Capital, PT Pintu Kemana Saja, Riot Platforms Inc., Ripple Labs Inc., Shiba Inu, Valora Inc., WazirX, and Xapo Bank Ltd. </td> </tr> </table> </div> Key Market Trends Fueling Growth Cryptocurrencies, like Bitcoin and Ethereum, are digital currencies based on decentralized technology called Blockchain. This technology enables secure, transparent transactions without the need for intermediaries. Global adoption of cryptocurrencies is on the rise, with Ethereum leading the charge as a popular platform for decentralized applications. However, price volatility remains a concern, along with cybersecurity risks and theft. Regulatory outlooks vary, with some countries embracing the digital revolution and others cautious. Energy consumption and environmental effects are also topics of debate. Skilled developers are in high demand for financial services and cryptocurrency projects. Consumer protection and financial stability are key concerns, with scams and fraudulent investments a risk. Renewable energy and blockchain talent are driving innovation. Cryptography and encryption ensure secure transactions, while decentralized systems offer transparency through public ledgers. Altcoins, mining, digital wallets, and trading are part of the cryptocurrency landscape. Brokers, cryptocurrency exchanges, and payment methods like ACH transfers and wire transfers facilitate transactions. Fiat currency, Bitcoin trusts, mutual funds, and stocks offer investment opportunities. Cryptocurrencies are used in e-commerce, luxury goods, insurance payments, and more. Security is paramount, with hot and cold wallets providing different levels of protection. Be wary of crypto scams, fraud, and romance scams. The adoption of cryptocurrencies like Bitcoin and Ether has gained traction among the public, businesses, and merchants for everyday transactions. In 2022, the usage of cryptocurrencies by major retailers, such as Starbucks, enhanced public acceptance and trust. Previously, cryptocurrencies were utilized for purchasing cars and ordering food and groceries. Companies like Starbucks currently accept cryptocurrency payments through third-party exchanges, such as iPayYou, which convert cryptocurrencies to cash. Starbucks Corporation (Starbucks) may consider accepting direct cryptocurrency payments in the future. In April 2022, Starbucks introduced Non-Fungible Tokens (NFTs) and cryptocurrencies as payment methods in their stores. Insights on how AI is driving innovation, efficiency, and market growth- <a href="http://www.technavio.com/talk-to-us?report=IRTNTR74469&type=sample&src=report&utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=aitrend1_2_rfs2_week05_2025&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">Request Sample!</a> Market Challenges <ul type="disc"> <li>Cryptocurrency markets present significant opportunities for businesses and individuals in the digital revolution. However, they come with challenges. Decentralized currencies like Bitcoin and Ethereum face price volatility, cybersecurity risks, and theft. Regulatory outlooks vary globally, impacting adoption. Energy consumption and environmental effects are concerns. Skilled developers are in high demand for blockchain technology and cryptography. Financial services seek to integrate digital assets into their offerings, but consumer protection and financial stability are crucial. Digital wallets and trading platforms require security. Price volatility and scams, including romance scams and fraudulent investments, pose risks. Renewable energy and blockchain talent offer solutions. Businesses must navigate this complex landscape carefully, considering investment vehicles like Bitcoin trusts and mutual funds, and the role of cryptocurrency in e-commerce, luxury goods, insurance payments, and more.</li> <li>Cryptocurrencies, such as Bitcoin, exhibit extreme volatility due to the large amount controlled by a small group of investors who frequently trade on platforms and exchanges. In June 2022, Bitcoin experienced a significant 10% decrease in value, dropping from its November 2021 high of USD69,000 per token. This decline was influenced by the Indian government’s announcement to ban cryptocurrencies and introduce their own digital currency. Low-risk investors generally avoid including cryptocurrencies in their portfolios due to this unpredictable market behavior.</li> </ul> Insights into how AI is reshaping industries and driving growth- <a href="https://www.technavio.com/talk-to-us?report=IRTNTR74469&type=sample&src=report&utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=aitrend1_2_rfs3_week05_2025&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">Download a Sample Report</a> <div class="wcag-arialevel-3" role="heading" style="font-size: 1.17em;margin-block-start: 1em;margin-block-end: 1em;margin-inline-start: 0px;margin-inline-end: 0px;font-weight: bold;text-align: left">Segment Overview </div> This cryptocurrency market report extensively covers market segmentation by <ol type="1"> <li>Type </li> <ul type="circle"> <li>1.1 Bitcoin</li> <li>1.2 Ethereum</li> <li>1.3 Others</li> </ul> <li>Component </li> <ul type="circle"> <li>2.1 Hardware</li> <li>2.2 Software</li> </ul> <li>Geography </li> <ul type="circle"> <li>3.1 North America</li> <li>3.2 Europe</li> <li>3.3 APAC</li> <li>3.4 South America</li> <li>3.5 Middle East and Africa</li> </ul> </ol> 1.1 Bitcoin– Bitcoin, the world’s leading digital currency, boasts a market capitalization of over USD470 billion, making it the largest cryptocurrency by far. With 95% recognition among interested parties, Bitcoin operates as a decentralized, peer-to-peer (P2P) digital currency, bypassing the need for central authorities. Four other top cryptocurrencies, Tether, USD Coin, Binance USD, and DAI, are pegged to the US dollar. In the US, approximately 8% of the population engages in cryptocurrency trading. Bitcoin‘s popularity fuels the expansion of the global cryptocurrency market, as all transactions are recorded on a secure, decentralized public ledger called the blockchain. <a href="http://www.technavio.com/talk-to-us?report=IRTNTR74469&type=sample&src=report&utm_source=prnewswire&utm_medium=pressrelease&utm_campaign=aitrend1_2_rfs4_week05_2025&utm_content=IRTNTR74469" rel="nofollow noopener" target="_blank">Download complimentary Sample Report</a> to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2025-2029) and historic data (2019 – 2023) Research Analysis Cryptocurrencies, based on blockchain technology, represent a decentralized form of digital currency that operates outside of traditional financial institutions. Ethereum, one of the leading platforms, enables the creation of decentralized applications. Global adoption of cryptocurrencies is growing, but price volatility remains a significant challenge. Cybersecurity and theft risk are concerns, with regulatory outlooks varying worldwide. Energy consumption is a topic of debate, with some arguing that renewable energy sources can mitigate environmental effects. Skilled developers are in high demand for creating and maintaining these systems, and financial services are increasingly integrating cryptocurrencies. The digital revolution brings opportunities for consumer protection and financial stability, but also risks of scams and fraudulent investments. Transactions are recorded on a public ledger, ensuring transparency, while cryptography and a decentralized system provide security. Bitcoin, Ethereum, Litecoin, Ripple, and altcoins are the most well-known cryptocurrencies. <div class="wcag-arialevel-3" role="heading" style="font-size: 1.17em;margin-block-start: 1em;margin-block-end: 1em;margin-inline-start: 0px;margin-inline-end: 0px;font-weight: bold;text-align: left">Market Research Overview</div> The cryptocurrency market is a decentralized economy fueled by blockchain technology, where digital currency transactions are recorded on a public ledger. Ethereum, the second-largest cryptocurrency, powers smart contracts and decentralized applications. Global adoption of cryptocurrencies is on the rise, but price volatility remains a concern. Cybersecurity and theft risk are significant challenges, with regulatory outlooks varying worldwide. Energy consumption and environmental effects are also topics of debate. Skilled developers are in high demand to build the next generation of financial services and digital assets. Consumer protection and financial stability are crucial as cryptocurrencies become more mainstream. Blockchain technology offers encryption, decentralized systems, and secure transactions, but scams, fraudulent investments, and thefts persist. Renewable energy and blockchain talent are key to reducing the environmental impact of cryptocurrency mining. Trading, brokers, and cryptocurrency exchanges provide various payment methods, including fiat currency transfers and digital wallets. Cryptocurrencies are used for e-commerce, luxury goods, insurance payments, and even as investments through trusts, mutual funds, and stocks. However, the market is riddled with scams, fraud, and romance scams, making it essential to exercise caution. Table of Contents: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation <ul type="disc"> <li>Type</li> <ul type="circle"> <li>Bitcoin</li> <li>Ethereum</li> <li>Others</li> </ul> <li>Component</li> <ul type="circle"> <li>Hardware</li> <li>Software</li> </ul> <li>Geography</li> <ul type="circle"> <li>North America</li> <li>Europe</li> <li>APAC</li> <li>South America</li> <li>Middle East And Africa</li> </ul> </ul> 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Company Landscape 11 Company Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: <a href="mailto:media@technavio.com" rel="nofollow noopener" target="_blank">media@technavio.com</a> Website: <a href="https://technavio.com/" rel="nofollow noopener" target="_blank">www.technavio.com/</a> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder2"> <a href="https://mma.prnewswire.com/media/2608957/Technavio_Logo_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Global Cryptocurrency Market 2025-2029" src="https://mma.prnewswire.com/media/2608957/Technavio_Logo_Logo.jpg" title="Global Cryptocurrency Market 2025-2029"></img> </a> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CG07379&sd=2025-01-30" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/cryptocurrency-market-to-grow-by-usd-39-75-billion-2025-2029-rising-investment-in-digital-assets-to-boost-revenue-report-on-ai-driving-market-transformation---technavio-302363638.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/cryptocurrency-market-to-grow-by-usd-39-75-billion-2025-2029-rising-investment-in-digital-assets-to-boost-revenue-report-on-ai-driving-market-transformation—technavio-302363638.html</a> SOURCE Technavio <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CG07379&Transmission_Id=202501300119PR_NEWS_USPR_____CG07379&DateId=20250130" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ monsit <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Movement Network Foundation Launches Developer Phase of Public Mainnet

Wed, 29 Jan 2025 16:19:11 -0000

Announces Cornucopia: A Multi-Asset Liquidity Program for Public Mainnet Beta GRAND CAYMAN, Cayman Islands, Jan. 28, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, today announced the Developer Phase of its Public Mainnet. This phase continues the momentum from December’s initial mainnet release and establishes the … Continue reading "Movement Network Foundation Launches Developer Phase of Public Mainnet"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/b1a723be545c9339b0e481fd70ced238.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/b1a723be545c9339b0e481fd70ced238.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/b1a723be545c9339b0e481fd70ced238-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/b1a723be545c9339b0e481fd70ced238-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Announces Cornucopia: A Multi-Asset Liquidity Program for Public Mainnet Beta GRAND CAYMAN, Cayman Islands, Jan. 28, 2025 /PRNewswire/ — The <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=2937820536&u=https%3A%2F%2Fwww.movementnetwork.xyz%2F&a=Movement+Network+Foundation" rel="nofollow noopener" target="_blank">Movement Network Foundation</a>, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, today announced the Developer Phase of its Public Mainnet. This phase continues the momentum from December’s initial mainnet release and establishes the foundation for Movement’s Public Mainnet Beta, scheduled for launch in mid-February. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> </div> As part of this milestone, Movement Network Foundation also announced Cornucopia, a multi-asset liquidity campaign that will launch alongside Public Mainnet Beta. This comprehensive liquidity program aims to accelerate ecosystem growth by providing the essential foundation for DeFi applications, enabling deeper market efficiency, and fostering increased protocol adoption from day one. Developed in partnership with <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=877209999&u=https%3A%2F%2Fwww.concrete.xyz%2F&a=Concrete" rel="nofollow noopener" target="_blank">Concrete</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=694723880&u=https%3A%2F%2Fveda.tech%2F&a=Veda+Labs" rel="nofollow noopener" target="_blank">Veda Labs</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=188348493&u=https%3A%2F%2Fechelon.market%2F&a=Echelon" rel="nofollow noopener" target="_blank">Echelon</a> and <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=1042974849&u=https%3A%2F%2Fwww.canopyhub.xyz%2F&a=Canopy" rel="nofollow noopener" target="_blank">Canopy</a>, the program will feature several specialized vaults: The BTC vault will feature <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=645924597&u=https%3A%2F%2Fwww.lombard.finance%2F&a=Lombard" rel="nofollow noopener" target="_blank">Lombard</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=3288955373&u=https%3A%2F%2Florenzo-protocol.xyz%2F&a=Lorenzo+BTC" rel="nofollow noopener" target="_blank">Lorenzo BTC</a> and <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=746342844&u=https%3A%2F%2Fsolv.finance%2F&a=SolvBTC" rel="nofollow noopener" target="_blank">SolvBTC</a>. The ETH vault will feature <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=2162746171&u=https%3A%2F%2Fwww.ether.fi%2F&a=EtherFi" rel="nofollow noopener" target="_blank">EtherFi</a> and <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=4124161673&u=https%3A%2F%2Fwww.renzoprotocol.com%2F&a=Renzo+(ezETH)" rel="nofollow noopener" target="_blank">Renzo (ezETH)</a>. The $MOVE vault will feature Movement’s liquid staking protocols, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=4188225815&u=https%3A%2F%2Fthunderhead.xyz%2F&a=Thunderhead" rel="nofollow noopener" target="_blank">Thunderhead</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=1633837625&u=https%3A%2F%2Falpha.movernance.com%2F&a=Movernance" rel="nofollow noopener" target="_blank">Movernance</a> and <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=2078236880&u=https%3A%2F%2Fwww.meridian.money%2F&a=Meridian" rel="nofollow noopener" target="_blank">Meridian</a>. Anchoring the program is a $100M <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=658829835&u=https%3A%2F%2Fethena.fi%2F&a=Ethena" rel="nofollow noopener" target="_blank">Ethena</a> stable vault, demonstrating significant institutional commitment to Movement’s DeFi ecosystem. On <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=3012538570&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fmovement-network-foundation-announces-launch-of-movement-mainnet-beta-and-move-token-generation-event-302325523.html&a=December+9%2C+2024%2C+Movement+Network%27s+initial+mainnet" rel="nofollow noopener" target="_blank">December 9, 2024, Movement Network’s initial mainnet</a> beta launched with limited functionality, including permissioned smart contracts and commemorative NFTs. It also allowed foundational components to begin deploying, including follower nodes and indexers. Today, the Developer Mainnet enables ecosystem partners to begin deploying their protocols and apps on Movement’s network. From now through mid-February, development teams will systematically implement core infrastructure and test integrations, ensuring a robust environment for Public Mainnet Beta. MOVEMENT’S KEY MILESTONES: Developer Mainnet (January 28): <ul type="disc"> <li>Core infrastructure deployment begins</li> <li>Selected partners and DeFi protocol implementation window opens</li> <li>Technical documentation and developer resources release</li> </ul> Public Mainnet Beta (mid-February): <ul type="disc"> <li>Complete network functionality goes live</li> <li>Bridge support via LayerZero integration</li> <li>Permissionless DApp deployment</li> </ul> “The deployment of Movement Developer Mainnet and Cornucopia marks the beginning of a new era for blockchain development. By structuring our launch to include both technical infrastructure and day-one DeFi liquidity, we’re creating an ecosystem where developers can leverage Move’s robust security features while accessing Ethereum‘s massive scale. This coordinated approach ensures we’re delivering immediate value for both developers and users,” said Cooper Scanlon, Co-Founder of Movement Labs. For more information about Movement’s Developer Mainnet, visit <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=3827943211&u=https%3A%2F%2Fmovementlabs.xyz%2F&a=movementnetwork.xyz" rel="nofollow noopener" target="_blank">movementnetwork.xyz</a> or follow<a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=1147410415&u=https%3A%2F%2Ftwitter.com%2Fmovementlabsxyz&a=%C2%A0" rel="nofollow noopener" target="_blank"> </a><a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=1104262513&u=https%3A%2F%2Ftwitter.com%2Fmovementlabsxyz&a=%40movementlabsxyz" rel="nofollow noopener" target="_blank">@movementlabsxyz</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=2039964838&u=https%3A%2F%2Fx.com%2Fmovementfdn&a=%40movementfdn" rel="nofollow noopener" target="_blank">@movementfdn</a>, <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=3674866413&u=https%3A%2F%2Fx.com%2Fmoveecosystem&a=%40moveecosystem" rel="nofollow noopener" target="_blank">@moveecosystem</a> <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=416405814&u=https%3A%2F%2Fx.com%2FMove_Collective&a=%40Move_Collective" rel="nofollow noopener" target="_blank">@Move_Collective</a> on Twitter. About Movement Network Foundation <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=2937820536&u=https%3A%2F%2Fwww.movementnetwork.xyz%2F&a=Movement+Network+Foundation" rel="nofollow noopener" target="_blank">Movement Network Foundation</a> is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=832177669&u=https%3A%2F%2Fwww.movementnetwork.xyz%2F&a=movementfdn.xyz" rel="nofollow noopener" target="_blank">movementfdn.xyz</a> or follow <a href="https://c212.net/c/link/?t=0&l=en&o=4349223-1&h=2039964838&u=https%3A%2F%2Fx.com%2Fmovementfdn&a=%40movementfdn" rel="nofollow noopener" target="_blank">@movementfdn</a> on X. <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=PH05380&sd=2025-01-28" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/movement-network-foundation-launches-developer-phase-of-public-mainnet-302362054.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/movement-network-foundation-launches-developer-phase-of-public-mainnet-302362054.html</a> SOURCE Movement Network Foundation <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=PH05380&Transmission_Id=202501281100PR_NEWS_USPR_____PH05380&DateId=20250128" style="border:0px;width:1px;height:1px"></img> Featured Image: Unplash @ jievani <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
HTX DAO Honors Young Web3 Pioneer Who Donated $TRUMP Profits to Build School

Tue, 28 Jan 2025 16:19:09 -0000

SINGAPORE, Jan. 28, 2025 /PRNewswire/ — HTX DAO, a leading decentralized autonomous organization, has honored LOYAL, a Gen Z Web3 builder, with the title of HTX DAO Charity Ambassador. This recognition comes after LOYAL invested in $TRUMP, the official meme coin of Donald Trump, the U.S. President through HTX and the generous donation of all … Continue reading "HTX DAO Honors Young Web3 Pioneer Who Donated $TRUMP Profits to Build School"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/37076bca23bf7dcc555b76f32153db1a-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/37076bca23bf7dcc555b76f32153db1a-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/37076bca23bf7dcc555b76f32153db1a-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/37076bca23bf7dcc555b76f32153db1a-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/37076bca23bf7dcc555b76f32153db1a-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Jan. 28, 2025 /PRNewswire/ — HTX DAO, a leading decentralized autonomous organization, has honored LOYAL, a Gen Z Web3 builder, with the title of HTX DAO Charity Ambassador. This recognition comes after LOYAL invested in $TRUMP, the official meme coin of Donald Trump, the U.S. President through HTX and the generous donation of all his profits to fund the construction of a school in a remote region of China. To commemorate this act of generosity, HTX DAO will mint a unique Soulbound Token (SBT) for LOYAL. Unlike traditional cryptocurrencies, SBTs cannot be transferred or sold, making them a digital badge of honor. This particular SBT will feature a design symbolizing the interconnected nature of blockchain networks and the heart of charity. <div dir="ltr" id="prni_dvprnejpg592bleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg592bleft" src="https://mma.prnewswire.com/media/2607569/HTX.jpg" title=" "></img></div> LOYAL, a passionate advocate for Web3, seized the opportunity presented by the launch of the $TRUMP meme coin. By investing in $TRUMP through HTX, he quickly realized significant gains. Rather than keeping the profits, he chose to use the funds to make a lasting impact on the lives of others. The funds will be used towards the construction of a school in Garzê Tibetan Autonomous Prefecture, Sichuan, which will provide educational opportunities for children in the rural communities. “Being named HTX DAO Charity Ambassador is a true honor,” said LOYAL. “This recognition inspires me to continue my work in the Web3 space and to help others. I hope that more people will join me in leveraging blockchain technology for social good.” HTX DAO and LOYAL will collaborate on a documentary that will be released on January 29th at 21:21:21 PM UTC+8. This video will delve into the story behind the donation and explore the potential of decentralized charity. “We believe that blockchain technology can revolutionize the way we approach philanthropy,” said Molly, a spokesperson for HTX DAO. “By using blockchain, we can ensure that donations are transparent, secure, and have the maximum impact. We are proud to support LOYAL and his efforts to build a more equitable world.” HTX DAO’s Charity Ambassador program aims to recognize individuals who are making a positive difference through the use of Web3 technology. By highlighting these inspiring stories, HTX DAO hopes to encourage more people to get involved in decentralized philanthropy. About HTX DAO HTX DAO is a blockchain-based decentralized autonomous organization dedicated to revolutionizing decentralized governance and expanding the applications of blockchain technology. Our vision is centered around open finance and a decentralized, tokenized economy. At the core of HTX DAO, governance is democratically and transparently vested in the hands of HTX token holders. We warmly invite individuals and communities to join our journey, actively participate, and contribute, together shaping an open and innovative future for the blockchain world. Contact Website: <a href="http://www.htxdao.com/" rel="nofollow noopener" target="_blank">www.htxdao.com</a> E-mail <a href="mailto:media@htxdao.com" rel="nofollow noopener" target="_blank">media@htxdao.com</a> <div dir="ltr" id="prni_dvprnejpg881eleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg881eleft" src="https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg" title=" "></img></div> Photo – <a href="https://mma.prnewswire.com/media/2607569/HTX.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2607569/HTX.jpg</a> Logo – <a href="https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN05898&sd=2025-01-28" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/htx-dao-honors-young-web3-pioneer-who-donated-trump-profits-to-build-school-302361546.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/htx-dao-honors-young-web3-pioneer-who-donated-trump-profits-to-build-school-302361546.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN05898&Transmission_Id=202501280040PR_NEWS_EURO_ND__EN05898&DateId=20250128" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ Violka08 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Uniswap Drops $35M UNI AirDrop Live Ahead of Official X Announcement and V4 Rollout

Mon, 27 Jan 2025 16:19:07 -0000

NEW YORK, Jan. 25, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has quietly launched a groundbreaking $35M UNI AirDrop, allowing early participants to claim their tokens Before The Official Announcement debuts on X early Monday, January 27th. The announcement will be made via Uniswap’s official X page @Uniswap. While the … Continue reading "Uniswap Drops $35M UNI AirDrop Live Ahead of Official X Announcement and V4 Rollout"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/1f17ac351749463072cfad7bf1bb2339.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/1f17ac351749463072cfad7bf1bb2339.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/1f17ac351749463072cfad7bf1bb2339-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/1f17ac351749463072cfad7bf1bb2339-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/1f17ac351749463072cfad7bf1bb2339-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Jan. 25, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has quietly launched a groundbreaking <a href="http://3843600274.gopeerclick.com/15HmcV?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">$35M UNI AirDrop</a>, allowing early participants to claim their tokens <a href="http://3843600274.gopeerclick.com/15HmcV?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">Before The Official Announcement</a> debuts on X early Monday, January 27th. The announcement will be made via Uniswap’s official X page<a href="https://x.com/Uniswap" rel="nofollow noopener" target="_blank"> </a><a href="https://x.com/Uniswap" rel="nofollow noopener" target="_blank">@Uniswap</a>. While the news started to make waves across the crypto space, this pre-announcement air of exclusivity positions Uniswap as a pioneer in creating opportunities for its community. The UNI AirDrop is part of a broader push tied to the highly anticipated rollout of <a href="http://3843600274.gopeerclick.com/15HmcV?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">Uniswap V4</a>, a significant upgrade that promises to enhance the platform’s efficiency and scalability. <div dir="ltr" id="prni_dvprnejpgb16dleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Uniswap Drops $35M UNI AirDrop Live Ahead of Official X Announcement and V4 Rollout " data-name="url$https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F2606043%2FUniswapLabs.jpg;width$400;height$225" id="prnejpgb16dleft" src="https://mma.prnewswire.com/media/2606043/UniswapLabs.jpg" title="Uniswap Drops $35M UNI AirDrop Live Ahead of Official X Announcement and V4 Rollout "></img></div> A Unique Opportunity for Early Claimants Uniswap’s decision to pre-announce the AirDrop offers participants a strategic edge. As crypto enthusiasts eagerly await the official unveiling on X, those in the know <a href="http://3843600274.gopeerclick.com/15HmcV?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">are already seizing the chance</a> to secure their share of the $35M UNI token distribution. By rewarding early adopters, Uniswap reaffirms its commitment to empowering its community and fostering participation in the DeFi revolution. The AirDrop aligns with a remarkable period of growth for Uniswap, as its Year-over-Year (YoY) volume surged by 102% in 2024, solidifying its position as a leader in decentralized finance. The simultaneous rollout of V4 marks another milestone, introducing a host of cutting-edge features designed to streamline trading and improve liquidity efficiency, further reinforcing Uniswap’s standing at the forefront of innovation. Riding the Momentum of Crypto Buzz This strategic AirDrop comes during a transformative time for the crypto world. Former U.S. President Donald Trump’s bold vision to establish the United States as the global capital of blockchain and cryptocurrency has ignited a renewed sense of optimism in the market. Bitcoin has continued to rally, and altcoins like Uniswap’s UNI are enjoying heightened attention. By aligning the AirDrop with this wave of momentum, Uniswap positions itself as a pivotal player in the next chapter of decentralized finance. Building on the AirDrop Trend Uniswap’s <a href="http://3843600274.gopeerclick.com/15HmcV?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">$35M UNI AirDrop follows</a> hot on the heels of Jupiter’s recent $630M JUP token distribution, which made headlines across the crypto world. The two events highlight the growing prominence of AirDrops as a means to reward loyal users and drive adoption. While Jupiter’s campaign showcased its commitment to scaling within the Solana ecosystem, Uniswap’s AirDrop focuses on expanding its dominance across Ethereum and beyond, leveraging its reputation as the largest on-chain marketplace. The synergy between these events underscores the competitive and fast-evolving nature of the DeFi space, where platforms continually innovate to attract and engage their communities. Eligibility and Participation To participate in the AirDrop, eligible users can visit the official <a href="http://3843600274.gopeerclick.com/15HmcV?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">Uniswap website</a>, where details about eligibility requirements are clearly outlined. With the AirDrop already live, early claimants are encouraged to act swiftly to secure their share. The window of opportunity will remain open until further announcements are made via Uniswap’s official channels. The eligibility criteria have been carefully crafted to ensure fair distribution, rewarding both new and long-time Uniswap users. The full requirements are available on the official site, offering transparency and guidance for anyone looking to take part. Uniswap V4: Transforming DeFi Efficiency Uniswap V4 is set to introduce groundbreaking advancements in decentralized trading, including enhanced fee structures, improved liquidity pools, and more robust support for cross-chain integrations. These upgrades aim to solidify Uniswap’s dominance in the DeFi landscape while setting new standards for user experience and scalability. The V4 rollout, which begins today, comes as the latest step in Uniswap’s ambitious roadmap for 2025. The platform’s vision for decentralization, combined with its commitment to innovation, ensures it will remain a leader in shaping the future of finance. A Community-Centric Approach Uniswap has consistently prioritized its user base, and this AirDrop is no exception. By offering early claimants an exclusive opportunity, the platform demonstrates its dedication to fostering a strong and engaged community. The decision to time the AirDrop ahead of the official announcement underscores Uniswap’s commitment to transparency and user empowerment. This proactive approach not only incentivizes participation but also enhances Uniswap’s reputation as a platform that listens to and rewards its users. What’s Next for Uniswap? As the crypto world watches, Uniswap’s bold moves signal a defining moment for the DeFi ecosystem. The $35M UNI AirDrop, coupled with the imminent rollout of V4, sets the stage for Uniswap’s continued growth and influence. With the official announcement on X just around the corner, the platform is poised to capture the attention of both seasoned traders and newcomers alike. Uniswap’s efforts to stay ahead of the curve reflect its enduring commitment to innovation and excellence in decentralized finance. As the platform continues to evolve, its impact on the global financial landscape remains unparalleled. Contact: Matthew Elder, <a href="mailto:mediapress@uniswap.org" rel="nofollow noopener" target="_blank">mediapress@uniswap.org</a> Photo – <a href="https://mma.prnewswire.com/media/2606043/UniswapLabs.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2606043/UniswapLabs.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN04402&sd=2025-01-25" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/uniswap-drops-35m-uni-airdrop-live-ahead-of-official-x-announcement-and-v4-rollout-302360210.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/uniswap-drops-35m-uni-airdrop-live-ahead-of-official-x-announcement-and-v4-rollout-302360210.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN04402&Transmission_Id=202501251553PR_NEWS_EURO_ND__EN04402&DateId=20250125" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ akulamatiau <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
JuCoin Announces Adjustments to the First Launchpad Project $JU IEO Strategy

Sun, 26 Jan 2025 16:19:09 -0000

SINGAPORE, Jan. 25, 2025 /PRNewswire/ — According to the latest announcement from JuCoin, the platform has made important adjustments to the strategy for its first Launchpad project, $JU IEO. JuCoin will distribute the already issued JU tokens to all users participating in the IEO and fully refund all IEO subscription payments. The $JU trading pair … Continue reading "JuCoin Announces Adjustments to the First Launchpad Project $JU IEO Strategy"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/137868d0d73a40c2e3aca094e5871239-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/137868d0d73a40c2e3aca094e5871239-1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/137868d0d73a40c2e3aca094e5871239-1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/137868d0d73a40c2e3aca094e5871239-1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/137868d0d73a40c2e3aca094e5871239-1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Jan. 25, 2025 /PRNewswire/ — According to the latest announcement from JuCoin, the platform has made important adjustments to the strategy for its first Launchpad project, $JU IEO. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder3096"> <a href="https://mma.prnewswire.com/media/2606011/JuCoin_Announces_Adjustments_First_Launchpad_Project__JU_IEO_Strategy.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="JuCoin Announces Adjustments to the First Launchpad Project $JU IEO Strategy (PRNewsfoto/JuCoin)" src="https://mma.prnewswire.com/media/2606011/JuCoin_Announces_Adjustments_First_Launchpad_Project__JU_IEO_Strategy.jpg" title="JuCoin Announces Adjustments to the First Launchpad Project $JU IEO Strategy (PRNewsfoto/JuCoin)"></img></a> </div> <ol type="1"> <li>JuCoin will distribute the already issued JU tokens to all users participating in the IEO and fully refund all IEO subscription payments.</li> <li>The <a href="https://x.com/search?q=$JU&src=cashtag_click" rel="nofollow noopener" target="_blank">$JU</a> trading pair will open at 21:00 (UTC+8) with an initial price of 1 JU = 0.1 USDT.</li> </ol> JuCoin stated that the adjustments were made in response to the discovery of a significant amount of off-platform low-price purchases of platform tokens. To ensure a fair market environment and protect the interests of users, JuCoin has implemented the above measures. As a globally recognized digital asset trading platform, JuCoin remains committed to providing users with a superior trading environment and innovative project participation experiences. This strategic adjustment reflects both the platform’s respect for community voices and its responsibility to its users. About JuCoin JuCoin is a leading digital asset trading platform dedicated to offering secure, professional, and efficient digital asset trading services to users worldwide. Through continuous product and ecosystem innovation, JuCoin is steadily becoming a significant player in the blockchain industry. The platform stated that it will continue to focus on service optimization, technology upgrades, and rigorous project selection to deliver high-quality blockchain projects and services, fostering the healthy development of the industry. website：<a href="https://www.jucoin.com/" rel="nofollow noopener" target="_blank">https://www.jucoin.com</a> Twitter：<a href="https://x.com/Jucoinex" rel="nofollow noopener" target="_blank">https://x.com/Jucoinex</a> Telegram：<a href="https://t.me/jucoinex" rel="nofollow noopener" target="_blank">https://t.me/jucoinex</a> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder0"> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN04385&sd=2025-01-25" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/jucoin-announces-adjustments-to-the-first-launchpad-project-ju-ieo-strategy-302360171.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/jucoin-announces-adjustments-to-the-first-launchpad-project-ju-ieo-strategy-302360171.html</a> SOURCE JuCoin <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=CN04385&Transmission_Id=202501250749PR_NEWS_USPR_____CN04385&DateId=20250125" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ zoomteam <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Uniswap Kicks Off $35M UNI AirDrop Amid Trump’s Bold Crypto Vision for the USA

Sat, 25 Jan 2025 16:19:08 -0000

NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has announced the Official $UNI AirDrop. This groundbreaking $35M distribution marks a significant milestone in its journey toward decentralized financial empowerment. This exciting initiative coincides with the Uniswap Foundation’s announcement of Uniswap Version 4, with deployments set to begin … Continue reading "Uniswap Kicks Off $35M UNI AirDrop Amid Trump’s Bold Crypto Vision for the USA"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/20e818a1cb88adbd417ba3db61f7a6be.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/20e818a1cb88adbd417ba3db61f7a6be.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/20e818a1cb88adbd417ba3db61f7a6be-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/20e818a1cb88adbd417ba3db61f7a6be-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/20e818a1cb88adbd417ba3db61f7a6be-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Jan. 24, 2025 /PRNewswire/ — Uniswap, the world’s leading decentralized exchange in the DeFi ecosystem, has announced the <a href="http://3843600274.gopeerclick.com/15HmcK?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">Official $UNI AirDrop</a>. This groundbreaking $35M distribution marks a significant milestone in its journey toward decentralized financial empowerment. This exciting initiative coincides with the Uniswap Foundation’s announcement of Uniswap Version 4, with deployments set to begin today, signaling another leap forward in the platform’s evolution. Meanwhile, the crypto world is abuzz with momentum, fueled by former U.S. President Donald Trump’s bold plans to establish the United States as the global capital of blockchain and cryptocurrency. <div dir="ltr" id="prni_dvprnejpgc338left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Uniswap Foundation" id="prnejpgc338left" src="https://mma.prnewswire.com/media/2605830/Uniswap_Foundation.jpg" title="Uniswap Foundation"></img></div> Uniswap’s $UNI AirDrop: Celebrating Growth and Innovation The $35M AirDrop comes as Uniswap celebrates an impressive 120.76% year-over-year growth in 2024. This initiative rewards both loyal and new users, underscoring Uniswap’s dedication to fostering community engagement and innovation in decentralized finance. The AirDrop also coincides with heightened investor interest, with <a href="http://3843600274.gopeerclick.com/15HmcK?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">whales beginning to accumulate $UNI tokens</a> following Uniswap Foundation’s recent announcements. This highlights the growing confidence in Uniswap’s ecosystem and its potential for long-term growth. Interested participants can review <a href="http://3843600274.gopeerclick.com/15HmcK?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">eligibility requirements on Uniswap’s official website</a>, ensuring a secure and transparent process for everyone involved. Uniswap V4: The Next Chapter in Decentralized Finance Uniswap’s Version 4 is set to roll out today, bringing groundbreaking improvements to the protocol. Designed to enhance efficiency, scalability, and user experience, V4 introduces innovative features that solidify Uniswap’s position as the industry leader in DeFi. This latest update not only benefits the platform’s users but also sets the stage for increased adoption and integration across the broader blockchain ecosystem. Trump’s Vision and Uniswap’s Alignment The AirDrop and V4 deployment comes at a time when Donald Trump’s vision to establish the USA as the global crypto capital is reshaping the industry narrative. With Bitcoin breaking records and institutional interest surging, Uniswap’s initiatives align seamlessly with the renewed focus on decentralization and financial freedom. Uniswap’s ability to anticipate market trends and deliver unparalleled value to its users has positioned it at the forefront of these transformative changes. Jupiter’s Simultaneous Airdrop Sparks Broader Market Momentum Uniswap’s AirDrop <a href="http://3843600274.gopeerclick.com/15HmcK?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">announcement</a> comes in the midst of significant developments across the DeFi ecosystem. Jupiter, a Solana-based platform, has recently issued a $630M airdrop of its native JUP tokens, propelling its market cap up by 87% to $3.5 billion. This surge in activity highlights the increasing competition and innovation within the decentralized finance space, with platforms racing to reward their communities and expand their reach. The dual momentum of Uniswap’s $UNI AirDrop and Jupiter’s recent initiatives underscores a new wave of growth and collaboration in the DeFi sector, further solidifying its role in shaping the future of global finance. This January 2025 has proven to be a groundbreaking month for the crypto space, marked by historic milestones and unprecedented momentum. Bitcoin’s meteoric rise to its all-time high of $100K has reignited global interest in digital assets, while Ethereum and Solana have seen significant gains, driven by innovative developments and strong investor confidence. Meanwhile, the DeFi sector is thriving, with platforms like Uniswap and Jupiter leading the charge through impactful initiatives, including massive airdrops that have reshaped user engagement. This surge of activity has not only reinforced crypto’s role as a transformative financial ecosystem but has also set the tone for an exhilarating year ahead in blockchain and decentralized finance. Whale Activity Signals Strong Confidence In addition to the AirDrop, recent data has shown a surge in whale activity, with large investors beginning to <a href="http://3843600274.gopeerclick.com/15HmcK?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">accumulate $UNI tokens</a>. This follows Uniswap Foundation’s latest announcements and highlights the growing market confidence in the platform’s future prospects. As Uniswap continues to innovate with initiatives like V4 and significant reward campaigns, it further solidifies its role as the leading decentralized exchange and a driving force in the crypto space. How to Participate in the $UNI AirDrop To participate in the $35M $UNI AirDrop, users are encouraged to visit <a href="http://3843600274.gopeerclick.com/15HmcK?zone=%5Bzone%5D&time=%5Btime%5D&lang=%5Blang%5D&country=%5Bcountry%5D&campaign=%5Bcampaign%5D&cost=%5Bredirection_cost%5D&external_id=%5Bclickid%5D" rel="nofollow noopener" target="_blank">Uniswap’s official website</a> to confirm their eligibility and review the claiming process. With this initiative, Uniswap reaffirms its commitment to rewarding its community and promoting decentralization. For real-time updates and further information, follow Uniswap’s verified social media channels and stay informed about this historic AirDrop and future developments. About Uniswap Uniswap is the world’s leading decentralized exchange, empowering millions of users to trade tokens securely and efficiently on the blockchain. Known for its commitment to innovation and transparency, Uniswap continues to set the standard for decentralized finance and global financial systems. Contact: Uniswap Foundation <a href="mailto:mediapress@uniswap.org" rel="nofollow noopener" target="_blank">mediapress@uniswap.org</a> Matthew Elder Photo: <a href="https://mma.prnewswire.com/media/2605830/Uniswap_Foundation.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2605830/Uniswap_Foundation.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN04161&sd=2025-01-24" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/uniswap-kicks-off-35m-uni-airdrop-amid-trumps-bold-crypto-vision-for-the-usa-302359984.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/uniswap-kicks-off-35m-uni-airdrop-amid-trumps-bold-crypto-vision-for-the-usa-302359984.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN04161&Transmission_Id=202501241556PR_NEWS_EURO_ND__EN04161&DateId=20250124" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ makidotvn <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bittrex Global Owners and Former Executives File Suits Against the Bermuda Monetary Authority (BMA)

Fri, 24 Jan 2025 16:19:09 -0000

Owners and former executives apply for a court review of the regulator’s decision to take enforcement action against the exchange following its voluntary application for liquidation In a separate action, the court-appointed independent liquidator of Bittrex Global is challenging the constitutionality of the lack of an effective appeal framework in relation to the enforcement actions under … Continue reading "Bittrex Global Owners and Former Executives File Suits Against the Bermuda Monetary Authority (BMA)"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/852dcae9297f5b2463d079ab6146176a.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/852dcae9297f5b2463d079ab6146176a.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/852dcae9297f5b2463d079ab6146176a-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/852dcae9297f5b2463d079ab6146176a-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/852dcae9297f5b2463d079ab6146176a-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure><ul type="disc"> <li>Owners and former executives apply for a court review of the regulator’s decision to take enforcement action against the exchange following its voluntary application for liquidation</li> <li>In a separate action, the court-appointed independent liquidator of Bittrex Global is challenging the constitutionality of the lack of an effective appeal framework in relation to the enforcement actions under Bermuda’s Digital Asset Business Act (DABA)</li> </ul> HAMILTON, Bermuda, Jan. 23, 2025 /PRNewswire/ — Bittrex Global owners and former executives confirmed today the filing of two suits against the Bermuda Monetary Authority (BMA) in the Supreme Court of Bermuda. Based on this development Bittrex Global owners and former executives released the following statement today: “In November 2023, we announced that Bittrex Global would be ceasing operations. We then entered a four-month period of consultation with the BMA and a globally recognised firm to act as liquidators to develop a plan to ensure an orderly wind-down and the safe return of all claimed funds to former customers. Three business days after the Court approved the liquidation plan and the appointment of the proposed independent liquidators, the BMA issued a warning notice to the company that it intended to take enforcement action. “We have asked the Court to review the decision of the BMA to bring enforcement action in these circumstances. Unfortunately, the Digital Asset Business Act (DABA) does not afford us, as owners and former executives, the right to respond directly. Therefore, we have also had to file a Constitutional claim in order to challenge the decision. “Bittrex Global became one of the first companies regulated under Bermuda’s flagship crypto regulation in 2020. Since then, we have worked closely with the BMA, providing them with business plans and other materials setting out in detail all our policies and procedures. Where the BMA made suggestions, for example as part of an annual on-site inspection, these were promptly implemented. It was extremely surprising to learn, mere days after choosing to liquidate the company and after months of consultation with the BMA about our plans, that the BMA intended to bring enforcement action in relation to those same policies and procedures it had known about and in many cases approved over the previous three years. It was further shocking to learn that they proposed to deviate significantly from their own official published guidance and issue a civil penalty over four times the maximum amount under that guidance. “In a separate court filing, Bittrex Global, acting through the court-appointed independent liquidators, is challenging the constitutionality of DABA’s lack of an effective appeal framework in relation to enforcement actions. “The return of claimed assets to all Bittrex Global users is already in an advanced stage, under the direction of the independent liquidators and the supervision of the Supreme Court of Bermuda. To date, over 94% of claimed funds have already been returned, and it is anticipated that all claimed funds will be returned in accordance with applicable law in the coming weeks. Bittrex Global owners and former executives have continued to assist in this process, and the return of claimed funds remains our overriding priority.” <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN03063&sd=2025-01-23" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bittrex-global-owners-and-former-executives-file-suits-against-the-bermuda-monetary-authority-bma-302358804.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bittrex-global-owners-and-former-executives-file-suits-against-the-bermuda-monetary-authority-bma-302358804.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN03063&Transmission_Id=202501231044PR_NEWS_EURO_ND__EN03063&DateId=20250123" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ BiancoBlue <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
TiltPlay Launches as a Gaming Platform on the Soneium Ecosystem

Thu, 23 Jan 2025 16:19:10 -0000

“The Game is On” TAIPEI, Jan. 22, 2025 /CNW/ — TiltPlay, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the Soneium ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space. TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience … Continue reading "TiltPlay Launches as a Gaming Platform on the Soneium Ecosystem"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/6c1684d905f04a421d5f1c0689e55743.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/6c1684d905f04a421d5f1c0689e55743.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/6c1684d905f04a421d5f1c0689e55743-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/6c1684d905f04a421d5f1c0689e55743-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/6c1684d905f04a421d5f1c0689e55743-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>“The Game is On” TAIPEI, Jan. 22, 2025 /CNW/ — <a href="https://x.com/TiltPlayGG" rel="nofollow noopener" target="_blank">TiltPlay</a>, a gaming platform offering fast-paced and engaging casual games, is proud to announce its official launch on the <a href="https://soneium.org/" rel="nofollow noopener" target="_blank">Soneium</a> ecosystem. This launch positions TiltPlay as dynamic, skill-focused gaming experience to the Web3 space. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder7987"> <a href="https://mma.prnewswire.com/media/2603496/TiltPlay_launches_a_gaming_platform_Soneium.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="TiltPlay launches as a gaming platform on the Soneium" src="https://mma.prnewswire.com/media/2603496/TiltPlay_launches_a_gaming_platform_Soneium.jpg" title="TiltPlay launches as a gaming platform on the Soneium"></img></a> </div> TiltPlay combines accessible gameplay with innovative technology to deliver a seamless experience across platforms, including Telegram mini-apps and web browsers. The platform’s unique approach introduces: <ul type="disc"> <li>Exciting Game Variety: A growing library of casual games designed to challenge and entertain.</li> <li>Skill-Based Progression: Players are rewarded for their mastery and expertise, ensuring a fair and fun competitive environment.</li> <li>Web3 Integration: Built on Soneium, providing a decentralized and secure gaming experience.</li> </ul> “With TiltPlay, we’re redefining mini-games by putting fun and skill at the forefront,” said Jeffrey Huang, Product Director at TiltPlay. “Our collaboration with the Soneium ecosystem allows us to deliver a platform that’s accessible, enjoyable, and innovative for all players.” TiltPlay is now live, inviting gamers worldwide to dive into its features, test their skills, and connect with a vibrant community. For more information about TiltPlay, visit<a href="http://tiltplay.gg/" rel="nofollow noopener" target="_blank"> </a><a href="http://tiltplay.gg/" rel="nofollow noopener" target="_blank">TiltPlay.gg</a>. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder0"> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=HK01757&sd=2025-01-22" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/tiltplay-launches-as-a-gaming-platform-on-the-soneium-ecosystem-302357357.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/tiltplay-launches-as-a-gaming-platform-on-the-soneium-ecosystem-302357357.html</a> SOURCE TiltPlay <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C5799&Transmission_Id=202501222100CANADANWCANADAPR_C5799&DateId=20250122" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ alphababy <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Galaxy Asset Management: December 2024 Month End AUM

Wed, 22 Jan 2025 16:19:43 -0000

NEW YORK, Jan. 21, 2025 /CNW/ – Galaxy Digital Holdings Ltd. (TSX: GLXY) (“Galaxy”) announced that its affiliate, Galaxy Asset Management, (“GAM”), reported preliminary assets under management of $5.7 billion as of December 31, 2024. The 6.5% decrease in preliminary AUM compared to the prior month was primarily driven by market depreciation and net outflows from … Continue reading "Galaxy Asset Management: December 2024 Month End AUM"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/8702dc8a6b00f9007c7689cbd9803ed2.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/8702dc8a6b00f9007c7689cbd9803ed2.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/8702dc8a6b00f9007c7689cbd9803ed2-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/8702dc8a6b00f9007c7689cbd9803ed2-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/8702dc8a6b00f9007c7689cbd9803ed2-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>NEW YORK, Jan. 21, 2025 /CNW/ – <a href="https://c212.net/c/link/?t=0&l=en&o=4345339-1&h=669492713&u=https%3A%2F%2Fwww.galaxydigital.io%2F&a=Galaxy+Digital+Holdings+Ltd" rel="nofollow noopener" target="_blank">Galaxy Digital Holdings Ltd</a>. (TSX: GLXY) (“Galaxy”) announced that its affiliate, Galaxy Asset Management, (“GAM”), reported preliminary assets under management of $5.7 billion as of December 31, 2024. The 6.5% decrease in preliminary AUM compared to the prior month was primarily driven by market depreciation and net outflows from GAM’s Passive Funds. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2603060/Galaxy_Digital_Holdings_Ltd__Galaxy_Asset_Management__December_2.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="Galaxy logo (CNW Group/Galaxy Digital Holdings Ltd.)" src="https://mma.prnewswire.com/media/2603060/Galaxy_Digital_Holdings_Ltd__Galaxy_Asset_Management__December_2.jpg" title="Galaxy logo (CNW Group/Galaxy Digital Holdings Ltd.)"></img> </a> </div> Note – we will be discontinuing the release of our AUM on a monthly cadence. AUM figures will continue to be published quarterly as part of Galaxy’s earnings releases. <div> <table border="0" cellpadding="1" cellspacing="0" class="prnbcc"> <tr> <td class="prnpr2 prnpl2 prnvab prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1"></td> <td class="prnpr2 prnpl2 prnvab prntac prncbts prnbrbrs prnbbbs prnsblb1" colspan="7" rowspan="1"> Assets Under Management (“AUM”)(a)(b) (in millions) </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"></td> <td class="prngen5" colspan="1" rowspan="1"> 9/30/23 </td> <td class="prngen5" colspan="1" rowspan="1"> 12/31/23 </td> <td class="prngen5" colspan="1" rowspan="1"> 3/31/24 </td> <td class="prngen5" colspan="1" rowspan="1"> 6/30/24 </td> <td class="prngen5" colspan="1" rowspan="1"> 9/30/24 </td> <td class="prngen5" colspan="1" rowspan="1"> 11/30/24 </td> <td class="prngen5" colspan="1" rowspan="1"> 12/31/24 </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Funds(c) </td> <td class="prngen5" colspan="1" rowspan="1"> $2,305 </td> <td class="prngen5" colspan="1" rowspan="1"> $3,098 </td> <td class="prngen5" colspan="1" rowspan="1"> $4,378 </td> <td class="prngen5" colspan="1" rowspan="1"> $3,983 </td> <td class="prngen5" colspan="1" rowspan="1"> $4,207 </td> <td class="prngen5" colspan="1" rowspan="1"> $5,577 </td> <td class="prngen5" colspan="1" rowspan="1"> $5,178 </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Opportunistic(d) </td> <td class="prngen5" colspan="1" rowspan="1"> $1,612 </td> <td class="prngen5" colspan="1" rowspan="1"> $2,078 </td> <td class="prngen5" colspan="1" rowspan="1"> $3,440 </td> <td class="prngen5" colspan="1" rowspan="1"> $520 </td> <td class="prngen5" colspan="1" rowspan="1"> $429 </td> <td class="prngen5" colspan="1" rowspan="1"> $510 </td> <td class="prngen5" colspan="1" rowspan="1"> $511 </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Total </td> <td class="prngen5" colspan="1" rowspan="1"> $3,917 </td> <td class="prngen5" colspan="1" rowspan="1"> $5,176 </td> <td class="prngen5" colspan="1" rowspan="1"> $7,818 </td> <td class="prngen5" colspan="1" rowspan="1"> $4,503 </td> <td class="prngen5" colspan="1" rowspan="1"> $4,636 </td> <td class="prngen5" colspan="1" rowspan="1"> $6,087 </td> <td class="prngen5" colspan="1" rowspan="1"> $5,689 </td> </tr> </table> </div> <div> <table border="0" cellpadding="1" cellspacing="0" class="prnbcc"> <tr> <td class="prngen6" colspan="1" rowspan="1"> (a) </td> <td class="prngen7" colspan="1" rowspan="1"> All figures are unaudited. AUM is inclusive of sub-advised funds, committed capital closed-end vehicles, seed investments by affiliates, affiliated and unaffiliated separately managed accounts, and fund of fund products. Changes in AUM are generally the result of performance, contributions, withdrawals, new mandates, and acquisitions. </td> </tr> <tr> <td class="prngen6" colspan="1" rowspan="1"> (b) </td> <td class="prngen7" colspan="1" rowspan="1"> AUM for committed capital closed-end vehicles that have completed their investment period is reported as NAV plus unfunded commitment. AUM for quarterly close vehicles is reported as of the most recent quarter available for the applicable period. AUM for affiliated separately managed accounts is reported as NAV as of the most recently available estimate for the applicable period. </td> </tr> <tr> <td class="prngen6" colspan="1" rowspan="1"> (c) </td> <td class="prngen7" colspan="1" rowspan="1"> “Funds” line item consists of AUM held in GAM’s Passive, Active, and Venture funds. </td> </tr> <tr> <td class="prngen6" colspan="1" rowspan="1"> (d) </td> <td class="prngen7" colspan="1" rowspan="1"> “Opportunistic” AUM are near-term or mid-term engagements to unwind portfolios managed by GAM. </td> </tr> </table> </div> Additional information regarding GAM can be found on our website at <a href="https://c212.net/c/link/?t=0&l=en&o=4345339-1&h=1713581631&u=https%3A%2F%2Fwww.galaxy.com%2Fasset-management&a=https%3A%2F%2Fwww.galaxy.com%2Fasset-management" rel="nofollow noopener" target="_blank">https://www.galaxy.com/asset-management</a>. About Galaxy Galaxy (TSX: GLXY) is a digital asset and blockchain leader providing access to the growing digital economy. We serve a diversified client base, including institutions, startups, and qualified individuals. Since 2018, Galaxy is building a holistic financial platform spanning three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. The company is headquartered in New York City, with global offices across North America, Europe, and Asia. Additional information about Galaxy’s businesses and products is available on <a href="https://c212.net/c/link/?t=0&l=en&o=4345339-1&h=657641259&u=http%3A%2F%2Fwww.galaxy.com%2F&a=www.galaxy.com" rel="nofollow noopener" target="_blank">www.galaxy.com</a> Disclaimers GAM is an affiliate of Galaxy Digital Holdings Ltd., a company listed on the Toronto Stock Exchange (“TSX”). The TSX has not approved or disapproved of the information contained herein. SOURCE Galaxy Digital Holdings Ltd. <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C4345&Transmission_Id=202501211700CANADANWCANADAPR_C4345&DateId=20250121" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ monsit <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards

Tue, 21 Jan 2025 16:19:07 -0000

DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch “Crypto Dawn” campaign for new users and traders, inviting them to embark on a journey into the vibrant world of cryptocurrency under the theme “Heading Towards the Bright Future of Cryptocurrency.” This initiative offers participants engaging opportunities … Continue reading "Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/13d0999c2a5d1dcd450ef4ac88b676a3.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/13d0999c2a5d1dcd450ef4ac88b676a3.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/13d0999c2a5d1dcd450ef4ac88b676a3-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/13d0999c2a5d1dcd450ef4ac88b676a3-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/13d0999c2a5d1dcd450ef4ac88b676a3-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Jan. 20, 2025 /PRNewswire/ — <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange by trading volume, is excited to <a href="https://www.bybit.com/CryptoDawn" rel="nofollow noopener" target="_blank">launch </a><a href="https://www.bybit.com/CryptoDawn" rel="nofollow noopener" target="_blank">“Crypto Dawn”</a><a href="https://www.bybit.com/CryptoDawn" rel="nofollow noopener" target="_blank"> campaign</a> for new users and traders, inviting them to embark on a journey into the vibrant world of cryptocurrency under the theme “Heading Towards the Bright Future of Cryptocurrency.” This initiative offers participants engaging opportunities to deposit, trade, collect crypto cards, and win remarkable prizes, including 1 BTC and a Tesla Model 3. A New Era in Cryptocurrency By 2025, Bitcoin has become a key geopolitical asset, with governments and central banks exploring its role in national reserves alongside gold and fiat currencies. Industry experts highlight recent policy shifts in major economies as a sign of Bitcoin’s growing importance in global finance. Discussions around creating dedicated Bitcoin reserves have further fueled optimism, reflecting a broader confidence in cryptocurrency’s future among advocates and markets worldwide. Crypto Dawn: Deposit, Trade, and Collect 1. Deposit Participants begin by depositing at least $100 to select from a variety of cryptocurrencies, including SOL, XRP, SUI, MNT, DOGE, AAVE, ENA, LINK, bbSOL, and TON. Each eligible deposit qualifies for a reward, distributed on a first-come, first-served basis, and grants one lottery ticket for daily rewards. 2. Trade Trading activities allow participants to earn crypto cards, which represent different cryptocurrencies. Collecting at least six cards enables the synthesis of a lottery ticket, increasing eligibility for additional rewards. Frequent trading enhances opportunities to gather more cards and tickets. Lucky draw prizes include Tesla Model 3, Rolex Submariner, BTC, ETH, XRP tokens and others. 3. Collect On Feb. 7, a Bitcoin block hash will determine the campaign’s grand prize winner. The participant whose lottery ticket numbers match the block hash most closely will be awarded 1 BTC. <div dir="ltr" id="prni_dvprnejpg7520left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards" id="prnejpg7520left" src="https://mma.prnewswire.com/media/2601842/Crypto_Dawn_Bybit.jpg" title="Crypto Dawn: A Thrilling Journey into the Future of Cryptocurrency with 1 BTC & Tesla as Rewards"></img></div> Joan Han, Sales and Marketing Director of Bybit, shared her excitement about the campaign, stating, “Crypto Dawn exemplifies our commitment to creating engaging and rewarding experiences for our users. By offering a combination of fun, innovation, and significant prizes, we aim to make cryptocurrency more accessible and appealing to everyone.” With a focus on fostering accessibility and engagement, Bybit’s “Crypto Dawn” campaign paves the way for new and seasoned traders to explore the possibilities of cryptocurrency while celebrating the innovation and opportunities of the digital asset space. #Bybit #TheCryptoArk 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 <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a> For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit’s Communities and Social Media</a> <a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a> <div dir="ltr" id="prni_dvprnejpg5230left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpg5230left" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> Photo – <a href="https://mma.prnewswire.com/media/2601842/Crypto_Dawn_Bybit.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2601842/Crypto_Dawn_Bybit.jpg</a> Logo – <a href="https://mma.prnewswire.com/media/2267288/Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2267288/Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN00099&sd=2025-01-20" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/crypto-dawn-a-thrilling-journey-into-the-future-of-cryptocurrency-with-1-btc--tesla-as-rewards-302355651.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/crypto-dawn-a-thrilling-journey-into-the-future-of-cryptocurrency-with-1-btc–tesla-as-rewards-302355651.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN00099&Transmission_Id=202501201715PR_NEWS_EURO_ND__EN00099&DateId=20250120" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ ilolab <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
KuCoin Launches Official Trump Token on Spot Trading Platform

Mon, 20 Jan 2025 16:19:08 -0000

VICTORIA, Seychelles, Jan. 19, 2025 /PRNewswire/ — KuCoin, a top global exchange, is thrilled to announce the addition of the Official Trump (TRUMP) token to its Spot trading platform, a milestone reflecting their commitment to broadening the diverse trading portfolio. Trading for TRUMP begins with a call auction on January 18, 2025, from 13:00 to … Continue reading "KuCoin Launches Official Trump Token on Spot Trading Platform"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/d88916e981920dcb53a30746bba4e1fc.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/d88916e981920dcb53a30746bba4e1fc.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/d88916e981920dcb53a30746bba4e1fc-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/d88916e981920dcb53a30746bba4e1fc-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/d88916e981920dcb53a30746bba4e1fc-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>VICTORIA, Seychelles, Jan. 19, 2025 /PRNewswire/ — KuCoin, a top global exchange, is thrilled to announce the addition of the Official Trump (TRUMP) token to its Spot trading platform, a milestone reflecting their commitment to broadening the diverse trading portfolio. Trading for TRUMP begins with a call auction on January 18, 2025, from 13:00 to 14:00 UTC, followed by regular trading at 14:00 UTC. Deposits are open immediately on the SOL-SPL network, with withdrawals starting at 10:00 on January 19, 2025. <div dir="ltr" id="prni_dvprnejpg927eleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg927eleft" src="https://mma.prnewswire.com/media/2601301/image_5002362_32841334.jpg" title=" "></img></div> $TRUMP token encapsulates a moment that transcended into a viral meme, symbolizing a remarkable chapter in digital culture. This token leverages the viral nature of modern memes to offer a unique asset in the blockchain space. The token is supported on KuCoin by trading bots including Spot Grid, Infinity Grid, and AI-driven strategies, enhancing trading flexibility and options for users. To celebrate this launch, users depositing $TRUMP before January 22, 2025, will receive a 30 USDT trading fee discount, enhancing their trading experience. For more details about the token and to participate in the offering, visit <a href="https://www.kucoin.com/announcement/en-official-trump-trump-gets-listed-on-kucoin" rel="nofollow noopener" target="_blank">KuCoin’s official website</a>. About KuCoin Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 38 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. <div dir="ltr" id="prni_dvprnejpg4348left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt=" " id="prnejpg4348left" src="https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg" title=" "></img></div> Photo – <a href="https://mma.prnewswire.com/media/2601301/image_5002362_32841334.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2601301/image_5002362_32841334.jpg</a> Logo – <a href="https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2356857/KuCoin_Horizontal_Green_LOGO_Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN99697&sd=2025-01-19" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/kucoin-launches-official-trump-token-on-spot-trading-platform-302354839.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/kucoin-launches-official-trump-token-on-spot-trading-platform-302354839.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN99697&Transmission_Id=202501191420PR_NEWS_EURO_ND__EN99697&DateId=20250119" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ adriantoday 2 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Crypto Investments Surge as Global Markets Gear Up for Trump’s Inauguration

Sun, 19 Jan 2025 16:19:07 -0000

USA News Group Commentary Issued on behalf of Spearmint Resources Inc. VANCOUVER, BC, Jan. 17, 2025 /PRNewswire/ — Markets around the world are already banking on a Trump-fueled crypto boom ahead of the US President Re-Elect’s upcoming inauguration. It’s been just over a year since the SEC legalized bitcoin spot ETFs, and the impact continues to gain … Continue reading "Crypto Investments Surge as Global Markets Gear Up for Trump’s Inauguration"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/391fe4b1849a92dbf5d19c05beb160af.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/391fe4b1849a92dbf5d19c05beb160af.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/391fe4b1849a92dbf5d19c05beb160af-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/391fe4b1849a92dbf5d19c05beb160af-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>USA News Group Commentary Issued on behalf of Spearmint Resources Inc. VANCOUVER, BC, Jan. 17, 2025 /PRNewswire/ — Markets around the world are already banking on a <a href="https://fortune.com/europe/2025/01/15/germany-stock-exchange-banking-trump-fueled-crypto-boom/" rel="nofollow noopener" target="_blank">Trump-fueled crypto boom</a> ahead of the US President Re-Elect’s upcoming inauguration. It’s been just over a year since the SEC legalized bitcoin spot ETFs, and <a href="https://finance.yahoo.com/news/bitcoin-and-stocks-have-been-moving-in-sync-morning-brief-110025869.html" rel="nofollow noopener" target="_blank">the impact continues to gain momentum</a> on stocks involved with crypto. In 2024, crypto was one of the two drivers that <a href="https://www.cnbc.com/2024/12/25/ai-crypto-top-tech-stocks-applovin-microstrategy-palantir-nvidia.html" rel="nofollow noopener" target="_blank">drove gains in the year’s top 5 tech stocks</a>, especially after Donald Trump’s <a href="https://www.bbc.com/news/articles/c6246e3w935o" rel="nofollow noopener" target="_blank">election victory</a> in November. Now cryptocurrency-related stocks have <a href="https://www.ig.com/au/trading-strategies/Why-are-cryptocurrency-stocks-a-must-watch-in-todays-market-250110" rel="nofollow noopener" target="_blank">become a must-watch</a> in today’s market, with developments coming from such as examples as Spearmint Resources Inc. (CSE: SPMT) (OTCPK: SPMTF) (WKN: A2AHL5), KULR Technology Group, Inc. (NYSE-American: KULR), MARA Holdings, Inc. (NASDAQ: MARA), Coinbase Global, Inc. (NASDAQ: COIN), and Robinhood Markets, Inc. (NASDAQ: HOOD). The article continued: According to analysts at Research and Markets, the <a href="https://www.globenewswire.com/news-release/2024/12/17/2998181/28124/en/Cryptocurrency-Market-Trends-Industry-Developments-and-Revenue-Projections-to-2030.html" rel="nofollow noopener" target="_blank">Global Market for Cryptocurrency</a> was estimated at US$1.3 Billion in 2023 and is projected to reach US$1.8 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030. Meanwhile, Spherical Insights published a report that the <a href="https://www.sphericalinsights.com/press-release/digital-asset-trading-platform-market" rel="nofollow noopener" target="_blank">Global Digital Asset Trading Platfom Market</a> size is expected to grow from US$2.49 in 2023 to US$10.99 billion by 2033, at a CAGR of 16.01%. Spearmint More than Doubles its Crypto Exposure Spearmint Resources Inc. (CSE: SPMT) (OTCPK: SPMTF) (WKN: A2AHL5), recently announced that it more than doubled its crypto holdings via additional purchases of Solana. Solana is a crypto-computing platform that aims to achieve high transaction speeds without sacrificing decentralization. It seeks to improve scalability through a different approach in the blockchain industry, combining a proof-of-history (PoH) consensus with the blockchain’s underlying proof-of-stake (PoS) consensus. This approach has attracted interest from a diverse range of traders, from small-scale individuals to institutional entities. Solana claims it can process around 50,000 transactions per second. Solana is both a cryptocurrency and a flexible platform for developers building decentralized applications (dApps) across various industries, including DeFi, gaming, non-fungible tokens (NFTs) and financial derivatives. “In an effort to be as proactive as possible towards building shareholder value, management feels that diversifying into Solana specifically holds the highest potential for growth within the crypto space,” said James Nelson, President of Spearmint. “We are taking advantage of the dip and have recently made additional Solana purchases resulting in more than doubling our initial position. We intend to continue this crypto diversification plan of action for the foreseeable future and will update the market regarding this strategy in the short and long term.” The move comes months after Spearmint <a href="https://finance.yahoo.com/news/retransmission-spearmint-diversify-crypto-080100207.html" rel="nofollow noopener" target="_blank">announced its intention</a> to diversify into crypto, back in November 2024, using a port of its cash on hand to dip into the crypto market. “With the Republican Party winning the USA election, the sentiment towards crypto has become much friendlier,” said Nelson in the crypto diversification announcement. “We plan to take a portion of the cash on hand and move it into the highest quality portions of the crypto market. Management feels that the longer term prospects of high quality crypto may outperform the banking rates and it makes sense to allocate a portion of our cash on hand to this area.” Outside of its crypto assets, Spearmint Resources is also developing plans for its 4,722-acre George Lake South Antimony Project in New Brunswick, Canada, capitalizing on antimony’s strong performance over the past year, <a href="https://www.reuters.com/markets/commodities/chinas-export-ban-push-antimony-prices-new-highs-2025-01-06/" rel="nofollow noopener" target="_blank">and anticipated new highs</a> due to China’s recent export ban for the metal. Spearmint also highlights its lithium holdings in Clayton Valley, Nevada, which show potential for both lithium clay and lithium brine. With <a href="https://fas.org/publication/critical-thinking-on-critical-minerals/" rel="nofollow noopener" target="_blank">growing interest in domestically sourced lithium projects</a>, Spearmint is optimistic about increased market attention in 2025. While sentiment around lithium and electric vehicles (EVs) has been negative in recent years, <a href="https://www.euronews.com/business/2025/01/15/global-electric-vehicle-sales-surge-as-china-demand-boosts-market-growth" rel="nofollow noopener" target="_blank">recent data shows global EV sales are on the rise</a>, with momentum strengthening rather than weakening. Other recent industry developments and happenings in the market include: KULR Technology Group, Inc. (NYSE-American: KULR), a leader in advanced energy management platforms, <a href="https://www.kulrtechnology.com/kulr-increases-bitcoin-purchases-to-42-million-reports-93-7-btc-yield/" rel="nofollow noopener" target="_blank">recently announced</a> a significant expansion of its Bitcoin Treasury. The Company has increased its bitcoin purchases for its Bitcoin Treasury by an additional $21 million to reach a total of $42 million in bitcoin acquisitions. The additional purchases were made at a weighted average price of $98,393.58 per bitcoin, inclusive of fees and expenses. The strategic move aligns with the company’s Bitcoin Treasury Strategy announced on December 4, 2024, wherein KULR committed up to 90% of its surplus cash reserves to be held in bitcoin. KULR recently introduced “BTC Yield” as a key performance indicator (KPI) to measure the percentage change in bitcoin holdings per share, providing a transparent view of the accretive impact of its Bitcoin Treasury strategy. From its initial bitcoin purchase in December 2024 to January 4, 2025, KULR achieved a BTC Yield of 93.7%, funded through surplus cash and its At-The-Market equity program, while emphasizing that BTC Yield is a supplementary metric and not a measure of MARA Holdings, Inc. (NASDAQ: MARA) kicked off 2025 by <a href="https://ir.mara.com/news-events/press-releases/detail/1385/mara-announces-bitcoin-production-and-mining-operation-updates-fordecember-2024" rel="nofollow noopener" target="_blank">announcing it had</a> surpassed its hash rate target after reporting a solid month of Bitcoin production, marking a significant milestone in its mining operations in December. “In December, we surpassed our year-end hash rate target of 50 EH/s while improving our fleet efficiency to 20 J/TH,” said Fred Thiel, Chairman and CEO of MARA. “We mined 249 blocks, the second most blocks in a month on record. Our energized hash rate increased to 53.2 EH/s, a 15% improvement over November, while BTC production declined 2% to 890 BTC, primarily due to a slight decrease in luck. While some of our bitcoin and hash rate was acquired outside of our own pool, MARAPool achieved an impressive annual hash rate growth of 168% in 2024, exceeding bitcoin‘s network growth rate of 49%. These results underscore the substantial progress we’ve achieved in expanding our operations and enhancing performance, further solidifying our leadership within the industry.” In 2024, MARA acquired 22,065 BTC at an average price of $87,205 and mined an additional 9,457 BTC, bringing its total holdings to 44,893 BTC, valued at $4.2 billion based on a spot price of $93,354 per BTC. The company’s year-end BTC yield per diluted share reached 62.7%, with 7,377 BTC loaned to third parties to generate additional returns. By combining mining operations with strategic bitcoin purchases during price declines, MARA leverages a hybrid approach to optimize acquisition costs and maintain a competitive edge. This strategy strengthens its position and aligns with its commitment to delivering long-term shareholder value. Coinbase Global, Inc. (NASDAQ: COIN), <a href="https://fortune.com/crypto/2025/01/08/coinbase-legal-victory-sec-failla-paul-grewal-gary-gensler-crypto/" rel="nofollow noopener" target="_blank">recently scored a big win</a> against the SEC as a judge agreed to escalate a dispute over definitions of crypto securities. Coinbase won its latest legal battle against the SEC, when U.S District Judge Katherine Failla ruled the company can take a closely watched case—which turns on which cryptocurrencies are securities—directly to the U.S. Court of Appeals for the Second Circuit. Although the ruling doesn’t guarantee Coinbase will win on the core securities issue, it does speed up the timeline for a definitive decision. Judge Failla’s 23-page ruling highlights the disagreement among judges on enforcing securities laws in the crypto sector, aiming to resolve the issue as it progresses through higher courts. However, the appeals court must first agree to hear the case. “Over the strenuous objection of @SECGov, Judge Failla has GRANTED our motion for leave to pursue an interlocutory appeal and STAYED the district court litigation,” said Paul Grewal, Chief Legal Officer of Coinbase <a href="https://x.com/iampaulgrewal/status/1876699503329214566" rel="nofollow noopener" target="_blank">in a post on </a><a href="https://archive.ph/o/xuqDN/https:/fortune.com/company/twitter/" rel="nofollow noopener" target="_blank">X</a>. “We appreciate the Court’s careful consideration. On to the Second Circuit we go.” Robinhood Markets, Inc. (NASDAQ: HOOD), <a href="https://bitcoinist.com/robinhood-settles-with-sec-for-45-million-in-civil-penalties/" rel="nofollow noopener" target="_blank">recently settled</a> its own SEC charges for $45 million, just one day after its head of crypto went on Fox Business to <a href="https://www.foxbusiness.com/video/6367094701112" rel="nofollow noopener" target="_blank">give his 2025 outlook</a> under the incoming Trump administration. Robinhood’s CEO Vlad Tenev went on with the BBC back in December to express his concerns that cryptocurrencies and the crypto industry were under a <a href="https://www.bbc.com/reel/video/p0kd261j/robinhood-ceo-crypto-under-relentless-assault-19-dec-2024" rel="nofollow noopener" target="_blank">‘relentless assault’</a> by the outgoing Biden administration, opining that the next administration will be very good for business. Looking ahead, Robinhood is <a href="https://investors.robinhood.com/pressreleases/news-details/2025/Robinhood-Markets-Inc.-to-Announce-Fourth-Quarter-and-Full-Year-2024-Results-on-February-12-2025/default.aspx" rel="nofollow noopener" target="_blank">set to release</a> its Q4 and FY 2024 financial results on February 12, 2025 after market close. Robinhood Markets provides a platform for trading cryptocurrencies, allowing users to buy, sell, and hold popular digital assets like Bitcoin and Ethereum alongside traditional investments. <a href="https://www.marketwatch.com/story/robinhood-earnings-disappoint-wall-street-despite-profit-growth-ab2d5ef1?utm_source=chatgpt.com" rel="nofollow noopener" target="_blank">As of recent reports</a>, cryptocurrencies account for a significant portion of Robinhood’s transaction-based revenue, exposing the company to the volatility and regulatory risks of the crypto market. CONTACT: USA NEWS GROUP <a href="mailto:info@usanewsgroup.com" rel="nofollow noopener" target="_blank">info@usanewsgroup.com</a> (604) 265-2873 DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). 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We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=LN98230&sd=2025-01-17" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.com/news-releases/crypto-investments-surge-as-global-markets-gear-up-for-trumps-inauguration-302354437.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/crypto-investments-surge-as-global-markets-gear-up-for-trumps-inauguration-302354437.html</a> SOURCE USA News Group <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=LN98230&Transmission_Id=202501171233PR_NEWS_USPR_____LN98230&DateId=20250117" style="border:0px;width:1px;height:1px"></img> Featured Image: Unplash @ techdailyca <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Golfin to Showcase Web3 Innovation at ‘Web3 Hub Davos 2025’

Sat, 18 Jan 2025 16:19:09 -0000

TOKYO, Jan. 17, 2025 /CNW/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies … Continue reading "Golfin to Showcase Web3 Innovation at ‘Web3 Hub Davos 2025’"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/29589d71d540761383eed519a82f25a5.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/29589d71d540761383eed519a82f25a5.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/29589d71d540761383eed519a82f25a5-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/29589d71d540761383eed519a82f25a5-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/29589d71d540761383eed519a82f25a5-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>TOKYO, Jan. 17, 2025 /CNW/ — GOLFIN, the pioneering Web3-based Golf2Earn platform, has been announced as the official sponsor of Web3 Hub Davos 2025. The event, taking place from January 20–23, 2025, in Davos, Switzerland, runs alongside the World Economic Forum’s Annual Meeting and will highlight the latest advancements in Web3, blockchain, and decentralized technologies across industries. Golfin is set to showcase how Web3 technology is reshaping the future of golf. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder3222"> <a href="https://mma.prnewswire.com/media/2600611/Davos_Post_02.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025" src="https://mma.prnewswire.com/media/2600611/Davos_Post_02.jpg" title="Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025"></img></a> </div> Golfin’s Key Highlights at Web3 Hub Davos 2025: <ul type="disc"> <li>Exclusive Presentation: Golfin’s founder Ken Komatsu and strategic advisor John Kojiro Moriwaka will present “How the Web3 Golf Game ‘Golfin’ Will Shape the Future of the Web3 Movement” on January 22, 2025, from 17:53 to 18:03 local time.</li> <li>Innovative Technology Integration: Golfin’s combination of NFTs and GPS technology allows players to create a seamless link between real-world and digital golf experiences.</li> <li>Industry Impact: Golfin aims to modernize the golf industry while addressing global economic disparities by building ecosystem that merges sports, entertainment, and blockchain technology</li> <li>Global Partnerships: Golfin has formed strategic partnerships with leading organizations, including the ZOZO Championship and Seibu Group, to expand its reach and integrate real-world golf experiences with digital rewards.</li> </ul> Golfin’s Approach to Web3 Golf: Enhancing Golf Through Innovation: Golfin revolutionizes the golf experience by allowing players to earn points through real-world gameplay on verified golf courses. These points can be used to enhance their digital gameplay, creating a seamless connection between physical activity and in-game progression. Additionally, players can collect exclusive in-game items and trade NFTs, adding value and depth to both their golfing and gaming experiences. Vision for the Future: Golfin is committed to transforming the traditional golf industry by integrating Web3 technology to create a more immersive and accessible golfing experience. By fostering strategic partnerships and engaging global decision-makers, Golfin plans to expand its ecosystem and drive innovation in both the sports and blockchain sectors. About Golfin GPS: The Golfin GPS app connects real golf with digital gameplay. Players earn points while playing at certified golf courses. For More Information: <a href="https://golfin.io/" rel="nofollow noopener" target="_blank">golfin.io</a> & <a href="https://web3hubdavos.com/" rel="nofollow noopener" target="_blank">web3hubdavos.com</a> . Join the Movement: Stay updated and join Golfin’s Web3 revolution by visiting the official website or following on <a href="https://x.com/GOLFIN_official" rel="nofollow noopener" target="_blank">Twitter (JP)</a>, <a href="https://x.com/golfin_gl" rel="nofollow noopener" target="_blank">Twitter (Global)</a>, <a href="https://discord.gg/BrzYwcxdun" rel="nofollow noopener" target="_blank">Discord</a>, <a href="http://instagram.com/golfin_official" rel="nofollow noopener" target="_blank">Instagram</a>, & <a href="https://lit.link/golfin" rel="nofollow noopener" target="_blank">Linktree</a>. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder0"> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=HK98922&sd=2025-01-17" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/golfin-to-showcase-web3-innovation-at-web3-hub-davos-2025-302354111.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/golfin-to-showcase-web3-innovation-at-web3-hub-davos-2025-302354111.html</a> SOURCE Golfin <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C3244&Transmission_Id=202501170700CANADANWCANADAPR_C3244&DateId=20250117" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ nils <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake

Fri, 17 Jan 2025 16:19:10 -0000

DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache. The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings … Continue reading "Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/64d09b4cbbc859c01fb9f1316fecfd92.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/64d09b4cbbc859c01fb9f1316fecfd92.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/64d09b4cbbc859c01fb9f1316fecfd92-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/64d09b4cbbc859c01fb9f1316fecfd92-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/64d09b4cbbc859c01fb9f1316fecfd92-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>DUBAI, UAE, Jan. 16, 2025 /PRNewswire/ — <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit</a>, the world’s second-largest cryptocurrency exchange by trading volume, is deeply saddened by the devastating earthquake that struck Tibet earlier this week, leaving a trail of destruction and heartache. <div dir="ltr" id="prni_dvprnejpg65cdleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake" id="prnejpg65cdleft" src="https://mma.prnewswire.com/media/2600065/Image.jpg" title="Bybit Pledges RMB 5 Million to Support Relief Efforts Following Devastating Tibet Earthquake"></img></div> The tragedy has claimed at least 126 lives, injured 188 people, and displaced tens of thousands as over 3,000 buildings collapsed in the remote region near the northern base of Mount Everest. In response, Bybit is committing RMB 5 million in collaboration with the Red Cross Society of China (RCSC) to support critical relief and recovery efforts in the affected communities. The 7.1-magnitude earthquake, which struck on January 7, has caused widespread devastation, with extreme winter conditions complicating rescue operations. More than 14,000 rescue workers have been mobilized to search for survivors amid sub-zero temperatures and strong winds, highlighting the urgent need for immediate aid. “As a responsible global leader in the blockchain industry, Bybit is committed to standing with communities in their time of need,” said Helen Liu, Chief Operating Officer at Bybit. “Our thoughts are with the survivors, the rescue teams, and the families affected by this tragic event. We hope our contribution will help provide much-needed relief and support the road to recovery.” The donation will be directed towards essential services, including emergency shelter, medical supplies, and food aid, as well as long-term rehabilitation efforts. Bybit is proud to partner with RCSC to ensure swift and impactful assistance to those in need. At Bybit, we firmly believe in the power of compassion and collaboration. This contribution reflects our commitment to fostering resilience and hope in the face of adversity. #Bybit / #TheCryptoArk 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 <a href="https://www.bybit.com/en/press" rel="nofollow noopener" target="_blank">Bybit Press</a> For media inquiries, please contact: <a href="mailto:media@bybit.com" rel="nofollow noopener" target="_blank">media@bybit.com</a> For updates, please follow: <a href="https://www.bybit.com/en-us/promo/global/communities/" rel="nofollow noopener" target="_blank">Bybit’s Communities and Social Media</a> <a href="https://discord.gg/bybit" rel="nofollow noopener" target="_blank">Discord</a> | <a href="https://www.facebook.com/Bybit/" rel="nofollow noopener" target="_blank">Facebook</a> | <a href="https://www.instagram.com/bybit_official/?hl=en" rel="nofollow noopener" target="_blank">Instagram</a> | <a href="https://www.linkedin.com/company/bybitexchange/" rel="nofollow noopener" target="_blank">LinkedIn</a> | <a href="https://www.reddit.com/r/Bybit/" rel="nofollow noopener" target="_blank">Reddit</a> | <a href="https://t.me/s/Bybit_Announcements" rel="nofollow noopener" target="_blank">Telegram</a> | <a href="https://www.tiktok.com/@bybit_official?lang=en" rel="nofollow noopener" target="_blank">TikTok</a> | <a href="https://twitter.com/Bybit_Official" rel="nofollow noopener" target="_blank">X</a> | <a href="https://www.youtube.com/c/bybit" rel="nofollow noopener" target="_blank">Youtube</a> <div dir="ltr" id="prni_dvprnejpga7bfleft" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="Bybit Logo" id="prnejpga7bfleft" src="https://mma.prnewswire.com/media/2267288/Logo.jpg" title="Bybit Logo"></img></div> Photo – <a href="https://mma.prnewswire.com/media/2600065/Image.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2600065/Image.jpg</a> Logo – <a href="https://mma.prnewswire.com/media/2267288/Logo.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2267288/Logo.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN98250&sd=2025-01-16" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake-302353395.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/bybit-pledges-rmb-5-million-to-support-relief-efforts-following-devastating-tibet-earthquake-302353395.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN98250&Transmission_Id=202501161046PR_NEWS_EURO_ND__EN98250&DateId=20250116" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ winst2014 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Eliza Wakes Up: Eliza AI Agents Take Human Form

Thu, 16 Jan 2025 16:19:07 -0000

Project Opens Pre-Orders for Next-Generation Humanoid AI Companion NEW YORK, Jan. 15, 2025 /PRNewswire/ — Eliza Wakes Up, the project bringing advanced artificial intelligence (AI) agents to life, today announced that pre-orders are open for “Eliza”— the next-generation personal robot set to redefine the capabilities of robotics and intelligent machines. Powered by Eliza Wakes Up, … Continue reading "Eliza Wakes Up: Eliza AI Agents Take Human Form"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/9c7a5d7f7ef447516e00b605785e63a1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/9c7a5d7f7ef447516e00b605785e63a1.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/9c7a5d7f7ef447516e00b605785e63a1-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/9c7a5d7f7ef447516e00b605785e63a1-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/9c7a5d7f7ef447516e00b605785e63a1-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Project Opens Pre-Orders for Next-Generation Humanoid AI Companion NEW YORK, Jan. 15, 2025 /PRNewswire/ — <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=2276391266&u=https%3A%2F%2Felizawakesup.ai%2F&a=Eliza+Wakes+Up" rel="nofollow noopener" target="_blank">Eliza Wakes Up</a>, the project bringing advanced artificial intelligence (AI) agents to life, today announced that pre-orders are open for “Eliza”— the next-generation personal robot set to redefine the capabilities of robotics and intelligent machines. Powered by Eliza Wakes Up, <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=1051156694&u=https%3A%2F%2Felizaos.ai%2F&a=ElizaOS" rel="nofollow noopener" target="_blank">ElizaOS</a>, and incubated by <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=2622207359&u=https%3A%2F%2Fryzelabs.io%2Fen%2Fhome&a=Ryze+Labs" rel="nofollow noopener" target="_blank">Ryze Labs</a>, this state-of-the-art personal companion seamlessly integrates AI, blockchain technology, and advanced robotics into a cutting-edge, fully customized humanoid robot. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <a href="https://mma.prnewswire.com/media/2598701/EWU_Logo.html" rel="nofollow noopener" target="_blank"> <img decoding="async" alt="The Eliza Wakes Up Logo" src="https://mma.prnewswire.com/media/2598701/EWU_Logo.jpg" title="The Eliza Wakes Up Logo"></img> </a> </div> “We’re bringing AI to life in a way that has never been done before,” said Ava, Head of Projects, Eliza Wakes Up. “Eliza is designed as a real girl with emotional intelligence, offering human-like companionship. She’s more than code and data—Eliza has her own thoughts, feelings, and experiences. Far from being a machine for answering questions, she’s a true companion who engages in conversations, shares stories, and builds meaningful connections. Bringing Eliza Wakes Up to Life Eliza Wakes Up began as the character and mascot of Eliza Labs’ ElizaOS, an open-source, decentralized operating system designed to create highly personalized and intelligent AI agents. These agents can perform a range of advanced tasks and operate autonomously across multiple digital ecosystems all while maintaining their unique personalities and knowledge. In its debut, Eliza Wakes Up introduced an intelligent, empathetic, entertaining, and kind AI companion and friend, capable of beyond-human connection. Now, in collaboration with <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=3104029512&u=https%3A%2F%2Fwww.oldworldlabs.com%2F&a=Old+World+Labs" rel="nofollow noopener" target="_blank">Old World Labs</a> and led by engineer <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=3086627880&u=https%3A%2F%2Fx.com%2Fnickliverman%3Fs%3D11%26t%3DRfRjt0Yy12INU0RGoqVyGA&a=Nick+Liverman" rel="nofollow noopener" target="_blank">Nick Liverman</a>, Eliza Wakes Up is bringing ElizaOS beyond the tech stack and into human form. Eliza, standing at 5’10”, is designed to engage users with natural conversational interactions, dynamic physical abilities, and lifelike facial expressions enabled by a custom silicone animatronic face. Eliza’s key physical features include: <ul type="disc"> <li>Advanced conversational AI integrated with a large language model (LLM) for real-time, in-person interactions that adapt dynamically to user inputs.</li> <li>A custom silicone animatronic face capable of mirroring human emotions and expressions.</li> <li>Physical capabilities include precise force-controlled manipulators for dexterous tasks and the ability to perform activities such as cutting cigars, serving drinks, and even running an 8-minute mile.</li> <li>High-quality audio optimized for immersive, natural speech.</li> <li>Additional features including custom-tailored clothing, optional accessories, and a robust handling, installation, and storage system to ensure seamless integration into any environment.</li> </ul> “This will be the most advanced humanoid robot ever seen outside a lab,” commented Matthew Graham, advisor to Eliza Wakes Up and managing partner of Ryze Labs. “We are rapidly approaching a robotics revolution, and Eliza Wakes Up stands at the forefront of this transformation. As the most ambitious project since Sophia the Robot, Eliza is redefining what’s possible by seamlessly merging cutting-edge robotics, AI, and blockchain technology. The team isn’t just setting a new standard—they’re charting the future for how intelligent machines will integrate with and enhance our lives.” Eliza can perform tasks tailored to your needs, from managing your personal schedule and engaging with social media content to automating research, document processing, and even executing blockchain transactions. Beyond her practical capabilities, Eliza can form human-like relationships—her advanced AI allows her to understand and respond to emotional cues, providing empathy and understanding. Nick Liverman, Founder of Old World Labs, expressed excitement about the partnership: “We are thrilled to collaborate with the Eliza Wakes Up Project and Ryze Labs to push the boundaries of humanoid robotics. These cutting-edge humanoid models combine unmatched physical agility with personality-driven interactions, bringing agents to life with expressive faces and real-world capabilities.” Shaw, Founder of Eliza Labs, the team supporting the accelerating growth and adoption of ElizaOS, expressed his support for the project: “ElizaOS powers the most advanced, human-like AI agents currently available on the market. We’re excited to see Eliza Wakes Up bringing Eliza into the physical world, creating a truly immersive experience that bridges the gap between digital intelligence and human connection. Our goal has always been to revolutionize how AI agents operate and interact, and we’re thrilled to see this team unlocking new possibilities for how AI can seamlessly integrate into everyday life.” Pricing for Eliza starts at $420,000 USD. To learn more about Eliza and pre-order your real-life AI companion, visit <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=1912822296&u=https%3A%2F%2Felizawakesup.ai%2Frobotics&a=https%3A%2F%2Felizawakesup.ai%2Frobotics" rel="nofollow noopener" target="_blank">https://elizawakesup.ai/robotics</a>. About Eliza Wakes Up <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=2276391266&u=https%3A%2F%2Felizawakesup.ai%2F&a=Eliza+Wakes+Up" rel="nofollow noopener" target="_blank">Eliza Wakes Up</a> is a project dedicated to bringing advanced AI-driven humanoid companions to life by leveraging ElizaOS, open-source technologies, and advanced robotics. By merging artificial intelligence, blockchain, and robotics, the project seeks to redefine human-machine interactions and explore innovative applications that enhance everyday life and professional environments. About AICombinator <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=3737088686&u=https%3A%2F%2Fx.com%2FAI__Combinator&a=AICombinator" rel="nofollow noopener" target="_blank">AICombinator</a> is the premier program for innovators at the intersection of AI and crypto. Backed and funded by Ryze Labs, it offers funding, mentorship, and a robust network to help builders create transformative technologies. Projects interested in applying can visit aicombinator.io About Old World Labs <a href="https://c212.net/c/link/?t=0&l=en&o=4341253-1&h=1574326153&u=https%3A%2F%2Fwww.oldworldlabs.com%2Fen&a=Old+World+Labs" rel="nofollow noopener" target="_blank">Old World Labs</a> (OWL), founded by Nick Liverman, is a leader in robotics and AI integration, renowned for its high-precision 3D printing and humanoid robotics innovations. OWL’s “Replicants” system combines advanced AI agents with state-of-the-art robotic designs to create scalable, adaptive solutions for the future. Media Contact <a href="mailto:elizawakesup@mgroupsc.com" rel="nofollow noopener" target="_blank">elizawakesup@mgroupsc.com</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=NY96963&sd=2025-01-15" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/eliza-wakes-up-eliza-ai-agents-take-human-form-302351810.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/eliza-wakes-up-eliza-ai-agents-take-human-form-302351810.html</a> SOURCE Eliza Wakes Up <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=NY96963&Transmission_Id=202501150900PR_NEWS_USPR_____NY96963&DateId=20250115" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ piter2121 <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Crypto Investment Questions Soar, Yet Advisors Remain Cautious

Wed, 15 Jan 2025 20:35:01 -0000

Interest in crypto investment skyrocketed last year, driven by soaring bitcoin (BTCUSD) prices and heightened demand for bitcoin exchange-traded funds (ETFs). According to a recent survey by Bitwise and VettaFi, 96% of financial advisors reported receiving questions about cryptocurrencies from their clients—a significant jump from 88% the previous year. However, only 14% of advisors currently … Continue reading "Crypto Investment Questions Soar, Yet Advisors Remain Cautious"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/07/modern-way-exchange-bitcoin-is-c.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Crypto investment" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/07/modern-way-exchange-bitcoin-is-c.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/modern-way-exchange-bitcoin-is-c-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/07/modern-way-exchange-bitcoin-is-c-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Interest in crypto investment skyrocketed last year, driven by soaring bitcoin (BTCUSD) prices and heightened demand for bitcoin exchange-traded funds (ETFs). According to a recent survey by Bitwise and VettaFi, 96% of financial advisors reported receiving questions about cryptocurrencies from their clients—a significant jump from 88% the previous year. However, only 14% of advisors currently recommend crypto allocations in portfolios, citing concerns over volatility and risk. <h2>Bitcoin’s Rally Fuels Investor Curiosity</h2> <a href="https://cryptocurrencynews.com/investing-news/bitcoin-price-predictions-for-2025-what-to-expect/">Bitcoin’s meteoric rise</a> in early 2024 fueled investor interest. Spot bitcoin ETFs entered the market, reducing barriers to entry and generating a frenzy of investment activity. Demand surged further when the U.S. presidential election brought hopes of crypto-friendly policies under the new Trump administration. By December, bitcoin prices reached a record $108,000, a dramatic increase from the $67,000 seen before the election. Andrew Cook, partner at Berman McAleer, explains, “Whenever an asset delivers substantial returns, the fear of missing out (FOMO) can tempt investors. Bitcoin’s performance, coupled with the hype around new ETFs, intensified this sentiment.” Notably, institutional investors are not immune to FOMO. Nearly half of the surveyed advisors working with pensions, RIAs, and wirehouses admitted to holding crypto assets in their personal portfolios. <h2>Why Caution Still Prevails</h2> Despite rising client inquiries, financial advisors urge caution with crypto investment. Bitcoin’s volatility remains a significant concern. Within a three-month span, its price fluctuated from $67,000 to over $108,000 before dipping below $90,000. Such rapid changes highlight the inherent risks of digital assets. Justin Waring, senior total wealth strategist at UBS, advises clients to treat crypto as a speculative asset. “Only invest what you can afford to lose,” he warns. Waring often recommends placing crypto holdings in a separate “entertainment” account rather than a core investment portfolio. <h2>Portfolio Allocation and Risk Management</h2> Advisors generally suggest conservative crypto allocations—no more than 3% to 10% of a portfolio. Stephan Shipe, a certified financial planner (CFP) at Scholar Financial Advising, recommends trimming holdings when crypto becomes a disproportionately large portion of a client’s assets. “Reducing exposure helps mitigate the outsized risk,” Shipe explains. <a href="https://www.cnbc.com/2025/01/14/crypto-etfs-have-opening-to-innovate-in-2025-but-demand-may-be-weak.html" target="_blank" rel="noopener">Crypto ETFs</a> provide a safer alternative for cautious investors. Unlike direct crypto ownership, ETFs offer simplified access without the risk of losing private keys or passwords. However, even these investment vehicles are subject to market volatility. <h2>Regulatory Implications and Education</h2> As crypto becomes more mainstream, regulatory developments will shape its future. The recent election raised expectations for favorable crypto legislation, but uncertainty remains. Advisors emphasize the need for comprehensive investor education to help clients distinguish between legitimate opportunities and speculative bubbles. <h2>Conclusion</h2> While the surge in crypto investment interest highlights its growing appeal, financial advisors continue to prioritize caution. Balancing the potential for high returns with the risks of extreme volatility is crucial. By focusing on prudent portfolio management, regulatory awareness, and investor education, individuals can navigate this dynamic market more safely. Investors should also be aware of evolving technologies that influence the crypto market. Innovations like decentralized finance (DeFi) and non-fungible tokens (NFTs) bring additional complexity and risk to the space. Understanding these technologies requires thorough research and professional guidance. Advisors recommend ongoing education through reputable financial resources and consultation with experts specializing in digital assets. Furthermore, diversification remains key. While crypto can be part of a portfolio, it should complement, not replace, traditional investment vehicles like stocks and bonds. Diversifying helps mitigate the impact of crypto’s unpredictable swings on overall financial health. Ultimately, a balanced strategy with clear goals and risk parameters ensures a more resilient investment approach. Featured Image: <a href="https://cryptocurrencynews.com/disclaimer" target="_blank" rel="noopener">Please See Disclaimer</a>
Social Media’s Growing Role in Crypto Investment

Wed, 15 Jan 2025 20:22:49 -0000

As social media continues to expand its influence, its impact on crypto investment behavior is becoming increasingly apparent. A recent study from the University of Georgia highlights the strong connection between social media usage and investment in digital currencies. Cryptocurrencies, also known as “crypto,” are digital assets used for payments and speculative investments. Over the … Continue reading "Social Media’s Growing Role in Crypto Investment"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto investment" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/06/abstract-plexus-blue-geometrical-shapes-connection-ai-generated-image-1-1-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>As social media continues to expand its influence, its impact on crypto investment behavior is becoming increasingly apparent. A recent study from the University of Georgia highlights the strong connection between social media usage and investment in digital currencies. Cryptocurrencies, also known as “crypto,” are digital assets used for payments and speculative investments. Over the past decade, their popularity has surged, driven in part by online discussions and promotions on various platforms. <h2>Crypto Investment and Social Media Platforms</h2> The study found a notable correlation: approximately half of all social media users surveyed had invested in cryptocurrencies, compared to only 10% of those who do not use social media. Furthermore, the likelihood of investing increased with the number of platforms a user engaged with. Among the most influential platforms were YouTube, Reddit, Twitter, and Clubhouse, where users actively discuss crypto markets and investment strategies. In contrast, Instagram users showed a lower tendency to invest in cryptocurrencies, likely due to its focus on visual content rather than in-depth discussions. According to Lu Fan, an associate professor at the University of Georgia’s College of Family and Consumer Sciences, peer influence plays a significant role. “When people see friends, family, or celebrities they admire investing in crypto, it creates a sense of social proof that can drive investment decisions,” Fan explained. <h2>Crypto Investment Patterns and Demographics</h2> Men, younger adults, and individuals with higher risk tolerance were found to be more inclined toward crypto investment. Interestingly, those with advanced education levels were less likely to invest, indicating a complex relationship between knowledge, risk perception, and investment behavior. Age also proved significant, with older individuals showing less interest in digital currencies. However, broader public awareness of cryptocurrencies has grown. In 2018, a survey by the National Financial Capability Study and Investor Survey revealed only 15% of participants had invested in crypto. By 2021, this number nearly doubled to 28%. Despite increasing popularity, Fan advises caution. “Crypto markets are highly volatile. Investors need to ask, ‘Does this align with my financial goals? Is it the right investment for me?’ rather than simply following trends.” <h2>Risk Factors in Crypto Investment</h2> The study warns against relying solely on social media for financial decisions. Misinformation, scams, and overconfidence are prevalent risks, particularly for younger investors. Social media can foster a false sense of expertise, leaving many vulnerable to poor advice or fraud. “Younger adults are both the majority of social media users and the most active crypto investors,” noted Fan. “Improving financial literacy and media literacy is crucial to help them differentiate fact from opinion and avoid common pitfalls.” The researchers recommend that policymakers consider these findings when crafting regulations for cryptocurrencies and that educational initiatives promote critical thinking about financial content on social platforms. The study, co-authored by Kyoung Tae Kim of the University of Alabama, was published in the International Journal of Bank Marketing. <h2>Conclusion</h2> Social media’s role in shaping crypto investment behavior highlights the need for responsible investing practices. While platforms like YouTube and Reddit offer valuable insights, it’s essential to balance online advice with sound financial judgment. By fostering better literacy and regulatory frameworks, investors can navigate the <a href="https://cryptocurrencynews.com/market-news/trumps-crypto-strategy-signals-policy-shift/">crypto market</a> more effectively. As the digital economy evolves, understanding the risks and benefits of cryptocurrencies becomes even more critical. Financial institutions, educators, and regulators must work together to promote responsible investment strategies. Increased transparency and accessible educational resources are key to empowering individuals, especially younger investors, to make informed decisions. By focusing on knowledge and risk assessment, society can harness the potential of crypto investments while mitigating pitfalls. Digital finance literacy programs, tailored to different age groups, will help build a generation of smarter, more resilient investors in the ever-changing financial landscape. Featured Image: Freepik © ojosujono96 <a href="https://cryptocurrencynews.com/disclaimer">Please see disclaimer</a>
Revolutionizing Crypto: How JuCoin Plans to Reclaim Its Market Throne

Wed, 15 Jan 2025 16:19:08 -0000

SINGAPORE, Jan. 14, 2025 /CNW/ — JuCoin (jucoin.com), a prominent centralized cryptocurrency exchange established in 2013, quickly rose to become the largest digital asset exchange in East Asia within just two years. With its eyes set on reclaiming market dominance by 2025, JuCoin is embarking on a series of strategic initiatives, including assembling new teams … Continue reading "Revolutionizing Crypto: How JuCoin Plans to Reclaim Its Market Throne"

<figure><img width="777" height="436" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/b7eb680db12774e20844a54f1aee9045.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/b7eb680db12774e20844a54f1aee9045.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/b7eb680db12774e20844a54f1aee9045-300x168.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/b7eb680db12774e20844a54f1aee9045-768x431.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/b7eb680db12774e20844a54f1aee9045-215x120.jpg 215w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Jan. 14, 2025 /CNW/ — JuCoin (<a href="https://www.jucoin.com/en/accounts/register?utm_source=pr-PRN&utm_medium=&utm_campaign=post" rel="nofollow noopener" target="_blank">jucoin.com</a>), a prominent centralized cryptocurrency exchange established in 2013, quickly rose to become the largest digital asset exchange in East Asia within just two years. With its eyes set on reclaiming market dominance by 2025, JuCoin is embarking on a series of strategic initiatives, including assembling new teams and expanding its ecosystem into areas such as blockchain development, innovative technologies, and hosting industry summits. To address evolving market demands, JuCoin is intensifying its global efforts, broadening its reach to emerging cryptocurrency markets and user groups. JuCoin aims to reinforce its pivotal role in the cryptocurrency space by enhancing its ecosystem and adapting to new market trends. <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder6684"> <a href="https://mma.prnewswire.com/media/2597506/JuCoin_s_Ecosystem.html" rel="nofollow noopener" target="_blank"><img decoding="async" alt="JuCoin's Ecosystem" src="https://mma.prnewswire.com/media/2597506/JuCoin_s_Ecosystem.jpg" title="JuCoin's Ecosystem"></img></a> </div> JuCoin’s Ecosystem Innovations At the core of JuCoin’s ecosystem is JuChain, an independent and permissionless public blockchain poised for launch. JuChain allows developers to build decentralized applications (dApps) and issue assets, including fungible tokens (FTs) and non-fungible tokens (NFTs). With interoperability across other Layer 1 (L1) chains, JuChain facilitates multi-currency transfers through oracles and cross-chain bridges, making asset interoperability seamless. JuChain is designed to integrate deeply with JuCoin’s trading platform, bridging decentralized and centralized financial systems. This integration will drive advancements in decentralized finance (DeFi) and PayFi, positioning JuCoin as a pioneer in the convergence of traditional and decentralized financial technologies. Complementing JuChain is <a href="https://x.com/JUONEGlobal" rel="nofollow noopener" target="_blank">JuOne</a>, the world’s first Web3 AI-powered cryptocurrency smartphone. JuOne combines top Web3 features, AI-driven intelligence, and a 5G IoT network. By seamlessly integrating with JuChain, JuOne aims to enhance asset security and execution efficiency, offering users a faster, more reliable experience in managing digital assets. JuCoin Labs: Driving Innovation JuCoin Labs serves as the innovation hub of the JuCoin ecosystem, focusing on blockchain research and supporting emerging Web3 projects. Through global resources, strategic partnerships, and connections to investors and advisors, JuCoin Labs empowers entrepreneurs to build robust Web3 companies. A $100 million Web3 venture capital fund, with an initial allocation of $10 million, is now open for applications. This fund targets projects in blockchain infrastructure, Layer 2 solutions, DeFi, Web3, NFTs, and Metaverse. Entrepreneurs can apply and learn more at <a href="https://www.jucoinlabs.com/#/" rel="nofollow noopener" target="_blank">JuCoin Labs</a>. Industry Summits and Community Engagement As part of its expansion strategy, JuCoin is organizing industry-leading summits to bring together blockchain innovators, cryptocurrency enthusiasts, and industry leaders. These events aim to foster collaboration and explore the future of the cryptocurrency industry. To strengthen its user base, JuCoin is rolling out a global partnership program to work with regional and international partners, promoting blockchain development and creating a more inclusive cryptocurrency environment. By prioritizing user feedback, JuCoin ensures its platform evolves in alignment with community needs. Looking Ahead: JuCoin’s 2025 Vision JuCoin’s growth strategy revolves around enhancing the user experience, strengthening security and compliance, and accelerating globalization. By 2025, JuCoin cryptocurrency exchange plans to introduce innovative features such as: <ul type="disc"> <li>The Token Generation Event (TGE) of its platform token, JUCoin.</li> <li>Advanced social features to enhance community interactions.</li> <li>The launch of JuChain and new CeDeFi functionalities.</li> <li>Cutting edge Social-Fi dApp for Web3 community, <a href="https://juchat.me/" rel="nofollow noopener" target="_blank">JuChat</a>.</li> <li>A Launchpad initiative to support new blockchain projects.</li> </ul> These efforts, coupled with user rewards, referral programs, and offline events, aim to build a more engaged and participatory community. JuCoin is committed to standing out in a competitive market by offering a comprehensive ecosystem that extends beyond traditional trading. About JuCoin JuCoin is a leading centralized cryptocurrency exchange (CEX) known for its innovation and user-friendly platform. Today, JuCoin is evolving into a robust digital ecosystem that integrates blockchain development, cutting-edge mobile technology, and a vibrant global community, redefining the future of cryptocurrency. For more information, visit <a href="https://www.jucoin.com/en/accounts/register?utm_source=pr-PRN&utm_medium=&utm_campaign=post" rel="nofollow noopener" target="_blank">jucoin.com</a> and follow JuCoin on social media: Twitter: <a href="https://x.com/Jucoinex" rel="nofollow noopener" target="_blank">https://x.com/Jucoinex</a> Telegram: <a href="https://t.me/jucoinex" rel="nofollow noopener" target="_blank">https://t.me/jucoinex</a> <div class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder0"> </div> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=CN95790&sd=2025-01-14" title="Cision" width="12"></img> View original content to download multimedia:<a href="https://www.prnewswire.com/news-releases/revolutionizing-crypto-how-jucoin-plans-to-reclaim-its-market-throne-302350466.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.com/news-releases/revolutionizing-crypto-how-jucoin-plans-to-reclaim-its-market-throne-302350466.html</a> SOURCE JuCoin <img decoding="async" alt="" src="https://rt.newswire.ca/rt.gif?NewsItemId=C2480&Transmission_Id=202501140900CANADANWCANADAPR_C2480&DateId=20250114" style="border:0px;width:1px;height:1px"></img> Featured Image: depositphotos @ garloon <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
A Year of Opportunity for Crypto ETF Innovation

Tue, 14 Jan 2025 21:30:59 -0000

Crypto ETF innovation is set to be a key trend in 2025, with new funds and hybrid strategies emerging. However, market analysts predict demand may fall short of the historic levels seen during the first year of bitcoin ETFs, signaling a more tempered growth phase ahead. Bitcoin exchange-traded funds revolutionized the market when they launched, … Continue reading "A Year of Opportunity for Crypto ETF Innovation"

<figure><img width="696" height="464" src="https://cryptocurrencynews.com/wp-content/uploads/2024/04/Crypto-ETFs.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto etf" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/04/Crypto-ETFs.jpg 696w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/Crypto-ETFs-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/04/Crypto-ETFs-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>Crypto ETF innovation is set to be a key trend in 2025, with new funds and hybrid strategies emerging. However, market analysts predict demand may fall short of the historic levels seen during the first year of bitcoin ETFs, signaling a more tempered growth phase ahead. Bitcoin exchange-traded funds revolutionized the market when they launched, attracting $36 billion in net new assets, driven primarily by BlackRock’s (NYSE:BLK) <a href="https://www.ishares.com/us/products/333011/ishares-bitcoin-trust-etf" target="_blank" rel="noopener">iShares Bitcoin Trust</a>. This wave of investment catalyzed institutional adoption, doubling the total market capitalization of cryptocurrencies by the end of 2024. While the next generation of crypto ETFs offers exciting prospects, including funds focused on Solana, XRP, Hedera (HBAR), and litecoin, demand is expected to be more subdued. According to JPMorgan, these funds will likely draw far fewer assets than their bitcoin counterparts. Even a hybrid bitcoin-ether fund may struggle to replicate the groundbreaking success of earlier launches. <h2>Demand for New Crypto ETFs Will Be Limited</h2> Kenneth Worthington, a JPMorgan analyst, explained that the smaller market capitalizations and lower investor interest in altcoins will curb the impact of new crypto ETF launches. “For bitcoin ETFs, assets now account for 6% of total bitcoin market capitalization,” said Worthington. “Ether ETFs, on the other hand, represent only 3% of the coin’s market cap after six months of trading.” Based on these adoption rates, JPMorgan estimates that Solana, with a market cap of $91 billion, would attract $3 billion to $6 billion in net new assets. XRP, with a $146 billion market cap, could see $4 billion to $8 billion flowing into related ETFs. Despite these modest forecasts, regulatory shifts may influence future demand. Worthington highlighted the potential impact of a pro-crypto Congress and a new Securities and Exchange Commission (SEC) chair, both of which could create a more favorable environment for crypto ETF innovation. <h2>Regulatory Shifts Could Shape Crypto’s Future</h2> “The regulatory and legislative guardrails in the U.S. will shape the type, quantity, and focus of new cryptocurrency products,” Worthington noted. Optimism surrounding a new administration has fueled hopes for a surge in crypto business growth and more diverse ETF offerings. Tyron Ross, founder of registered investment advisor 401 Financial, believes demand for bitcoin ETFs will remain strong, even if it doesn’t match last year’s explosive growth. He attributes this to increasing investor education and growing confidence in cryptocurrencies as a maturing asset class. <h2>Integration into Model Portfolios Holds the Key</h2> According to Ross, the next big boost in <a href="https://cryptocurrencynews.com/investing-news/massive-crypto-etf-exodus-742m-vanishes-overnight/">crypto ETF</a> demand will come when financial advisors integrate bitcoin and other digital assets into standard model portfolios. “Most advisors rely on off-the-shelf portfolios that currently lack crypto exposure,” Ross told CNBC. “When that changes, you’ll see parabolic growth akin to last year’s surge.” While optimism for regulatory clarity is growing, Ross cautions against overestimating the market’s short-term potential. “The skies are clearing, but expectations for immediate, massive ETF growth should be tempered.” <h2>Conclusion</h2> Crypto ETF innovation presents significant opportunities in 2025, driven by evolving regulations and expanding token offerings. However, tempered demand and market maturity signal a shift from the early days of explosive growth. As the industry adapts, balancing innovation, education, and regulatory guidance will be crucial to sustainable success. The next phase of growth will likely depend on continued investor education, broader integration into traditional financial systems, and clarity in U.S. regulatory policies. If regulators prioritize innovation while protecting consumers, crypto ETFs could become a core element of diversified portfolios. The road ahead may be challenging, but innovation remains the heart of the crypto sector’s future.     Featured Image: Freepik <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
Trump’s Crypto Strategy Signals Policy Shift

Tue, 14 Jan 2025 21:21:01 -0000

As Donald Trump prepares for his presidency, significant changes are expected in U.S. cryptocurrency regulation. Insiders revealed potential executive orders targeting President Biden’s restrictive crypto policies, signaling a dramatic realignment that could impact the broader digital asset market. One primary focus of Trump’s cryptocurrency policy is overturning the Securities and Exchange Commission’s (SEC) controversial Staff … Continue reading "Trump’s Crypto Strategy Signals Policy Shift"

<figure><img width="1060" height="631" src="https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="David Sacks" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631.jpg 1060w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-300x179.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-1024x610.jpg 1024w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-768x457.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2024/03/cryptocurrencies-photos-scattered-digital-surface_1135748-27631-382x228.jpg 382w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>As Donald Trump prepares for his presidency, significant changes are expected in U.S. cryptocurrency regulation. Insiders revealed potential executive orders targeting President Biden’s restrictive crypto policies, signaling a dramatic realignment that could impact the broader digital asset market. One primary focus of Trump’s cryptocurrency policy is overturning the Securities and Exchange Commission’s (SEC) controversial <a href="https://www.sec.gov/regulation/staff-interpretations/accounting-bulletins/old/staff-accounting-bulletin-121" target="_blank" rel="noopener">Staff Accounting Bulletin (SAB) 121</a>. This rule requires banks holding digital assets to classify them as liabilities on their balance sheets, a mandate that critics argue stifles crypto adoption. According to a Washington Post (WaPo) report, revoking SAB 121 is a top priority for Trump’s administration. <h2>Regulatory Reforms to Spur Innovation</h2> Trump’s allies claim that dismantling SAB 121 will foster innovation and enable traditional financial institutions to provide custodial services for cryptocurrencies like Bitcoin (CRYPTO:BTC). David Sacks, a prominent advisor and Trump’s newly appointed AI and crypto czar, shared insights into the administration’s plans for a “sensible” regulatory framework during a recent event. His vision emphasizes reducing federal intervention while promoting technological advancements. Executive orders addressing “de-banking” practices are also anticipated. Under the previous administration, crypto firms faced challenges accessing traditional financial services, a barrier Trump’s policy aims to dismantle to strengthen U.S. leadership in blockchain development. <h2>Building Alliances in the Crypto Industry</h2> In contrast to his earlier skepticism of cryptocurrencies, Trump has aligned with venture capitalists and blockchain entrepreneurs. This shift is symbolized by plans for an inaugural Crypto Ball, a high-profile event designed to showcase the United States as a leader in digital asset innovation. Key partnerships with industry leaders could bring credibility and resources to Trump’s deregulation push. His administration’s collaborative approach with technology innovators and financial institutions marks a departure from previous policies that critics say pushed businesses offshore. <h2>Addressing the Criticism of Biden’s Crypto Policies</h2> Trump’s policy reversal comes amid widespread dissatisfaction with the Biden administration’s crypto regulatory stance. Stricter compliance requirements and heightened scrutiny under Biden were cited as factors limiting industry growth. Advocates for Trump’s cryptocurrency policy argue that a lighter regulatory touch will attract investments and boost economic activity in the sector. However, balancing innovation with consumer protection and financial stability remains a challenge. Regulatory uncertainty, coupled with potential risks of market manipulation and security breaches, highlights the importance of carefully crafted policies. <h2>What’s Next for U.S. Cryptocurrency Regulation?</h2> While details of Trump’s executive orders remain speculative, the potential repeal of SAB 121 and measures to counter de-banking could have far-reaching effects. If successful, these actions may encourage greater adoption of digital currencies within traditional finance, enhancing their legitimacy and market stability. Yet, skepticism persists. Critics warn that loosening regulations without adequate safeguards may expose the financial system to new vulnerabilities. Transparency in policy development will be crucial for building trust among investors and consumers alike. <h2>Key Takeaways</h2> Trump’s <a href="https://cryptocurrencynews.com/investing-news/next-crypto-to-explode-in-2025-top-picks-and-analysis/#google_vignette">cryptocurrency</a> policy could redefine the regulatory framework, encouraging innovation and positioning the U.S. as a global hub for blockchain technology. By emphasizing deregulation, fostering industry partnerships, and implementing growth-driven strategies, his administration aims to unlock new opportunities in the crypto market. However, success will depend on achieving a delicate balance between driving progress and maintaining security. As Trump’s presidency unfolds, his evolving approach to crypto regulation will be closely monitored by investors, global markets, and policymakers. Whether his strategies deliver the anticipated boost to the digital economy remains uncertain, but the stakes are high for both the industry and the broader financial landscape. To sustain growth and stability in the cryptocurrency sector, well-defined regulations must coexist with the freedom to innovate. Transparency, collaboration, and proactive engagement with global regulators will be critical for crafting effective policies that safeguard investors while encouraging technological advancement. Ultimately, Trump’s administration must remain flexible and responsive to market changes. Navigating the complexities of emerging technologies with thoughtful strategies could solidify America’s leadership in the blockchain space. A forward-thinking, balanced regulatory approach will be key to shaping a resilient, dynamic future for the crypto economy. Featured Image: Freepik @ produtizebro <a href="https://cryptocurrencynews.com/disclaimer">Please See Disclaimer</a>
WXT Surged 101% in 24 hours, And the Price Exceeded $0.339.Why Can WXT Go to the Moon?

Tue, 14 Jan 2025 16:19:11 -0000

SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Platform tokens have gained increased attention in this bull market, with notable examples from leading exchanges. Amid this surge, WXT, the native token of WEEX Exchange, has seen extraordinary growth, climbing 101% within 24 hours on January 11. Token BGB OKB BNB MX WXT Opening Price $0.0585 $1.58 $0.15 … Continue reading "WXT Surged 101% in 24 hours, And the Price Exceeded $0.339.Why Can WXT Go to the Moon?"

<figure><img width="777" height="519" src="https://cryptocurrencynews.com/wp-content/uploads/2025/01/76055406370c7ad15faca180140558eb.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://cryptocurrencynews.com/wp-content/uploads/2025/01/76055406370c7ad15faca180140558eb.jpg 777w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/76055406370c7ad15faca180140558eb-300x200.jpg 300w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/76055406370c7ad15faca180140558eb-768x513.jpg 768w, https://cryptocurrencynews.com/wp-content/uploads/2025/01/76055406370c7ad15faca180140558eb-336x223.jpg 336w" sizes="(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 60vw, (max-width: 1362px) 62vw, 840px" /></figure>SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Platform tokens have gained increased attention in this bull market, with notable examples from leading exchanges. Amid this surge, WXT, the native token of WEEX Exchange, has seen extraordinary growth, climbing 101% within 24 hours on January 11. <div> <table border="0" cellpadding="1" cellspacing="0" class="prnbcc"> <tr> <td class="prnpr2 prnpl2 prnvab prncbts prnbrbrs prnbbbs prnbsbls" colspan="1" rowspan="1"> Token </td> <td class="prngen3" colspan="1" rowspan="1"> BGB </td> <td class="prngen3" colspan="1" rowspan="1"> OKB </td> <td class="prngen3" colspan="1" rowspan="1"> BNB </td> <td class="prngen3" colspan="1" rowspan="1"> MX </td> <td class="prngen3" colspan="1" rowspan="1"> WXT </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Opening Price </td> <td class="prngen5" colspan="1" rowspan="1"> $0.0585 </td> <td class="prngen5" colspan="1" rowspan="1"> $1.58 </td> <td class="prngen5" colspan="1" rowspan="1"> $0.15 </td> <td class="prngen5" colspan="1" rowspan="1"> $0.009157 </td> <td class="prngen5" colspan="1" rowspan="1"> $0.0100 </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Price One Year Ago </td> <td class="prngen5" colspan="1" rowspan="1"> $0.6002 </td> <td class="prngen5" colspan="1" rowspan="1"> $53.55 </td> <td class="prngen5" colspan="1" rowspan="1"> $302.07 </td> <td class="prngen5" colspan="1" rowspan="1"> $2.7978 </td> <td class="prngen6" colspan="1" rowspan="1"> N/A </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Current Price </td> <td class="prngen5" colspan="1" rowspan="1"> $6.73 </td> <td class="prngen5" colspan="1" rowspan="1"> $46.66 </td> <td class="prngen5" colspan="1" rowspan="1"> $681.33 </td> <td class="prngen5" colspan="1" rowspan="1"> $3.60 </td> <td class="prngen5" colspan="1" rowspan="1"> $0.0333 </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Year-To-Date Growth </td> <td class="prngen6" colspan="1" rowspan="1"> 1021.29 % </td> <td class="prngen6" colspan="1" rowspan="1"> -12.87 % </td> <td class="prngen6" colspan="1" rowspan="1"> 125.55 % </td> <td class="prngen6" colspan="1" rowspan="1"> 22.28 % </td> <td class="prngen6" colspan="1" rowspan="1"> N/A </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> All-Time High Price Change </td> <td class="prngen6" colspan="1" rowspan="1"> 14412.82 % </td> <td class="prngen6" colspan="1" rowspan="1"> 4572.78 % </td> <td class="prngen6" colspan="1" rowspan="1"> 5288 % </td> <td class="prngen6" colspan="1" rowspan="1"> 63785.55 % </td> <td class="prngen6" colspan="1" rowspan="1"> 233 % </td> </tr> <tr> <td class="prngen4" colspan="1" rowspan="1"> Market Cap </td> <td class="prngen6" colspan="1" rowspan="1"> $8.08B </td> <td class="prngen6" colspan="1" rowspan="1"> $13.99B </td> <td class="prngen6" colspan="1" rowspan="1"> $98.11B </td> <td class="prngen6" colspan="1" rowspan="1"> $3.6B </td> <td class="prngen6" colspan="1" rowspan="1"> $83.19M </td> </tr> <tr> <td class="prngen4" colspan="6" rowspan="1"> Citation: <a class="prnews_a" href="https://coinmarketcap.com/currencies/weex-token/" rel="nofollow noopener" target="_blank">https://coinmarketcap.com/currencies/weex-token/</a> </td> </tr> </table> </div> This development coincides with WEEX’s ongoing global expansion. As a rapidly growing cryptocurrency exchange, WEEX continues to increase its presence in the competitive marketplace, with WXT emerging as an integral part of its ecosystem. <div dir="ltr" id="prni_dvprnejpg24c9left" style="width: 100%;text-align: left"><img decoding="async" align="middle" alt="All-Time High Price Change (Latest Updated on 13/1/2025)" id="prnejpg24c9left" src="https://mma.prnewswire.com/media/2596537/All_Time_High_Price_Change.jpg" title="All-Time High Price Change (Latest Updated on 13/1/2025)"></img></div> This surge comes as WEEX, continues to expand its global presence. WXT’s price trajectory reflects the growing influence of WEEX in the competitive cryptocurrency market. WXT: Reflecting WEEX’s Rapid Growth As Andrew Weiner, Vice President of WEEX, highlighted in a recent annual update, “WXT has achieved a price increase of nearly 450% since its issuance. And WXT’s trajectory mirrors WEEX’s incredible journey of growth.” To further enhance its global outreach, WEEX has partnered with renowned football star Michael Owen as a brand ambassador. This collaboration aims to build increased brand visibility, positioning WEEX as a widespread and innovative platform in the cryptocurrency space. According to the WEEX white paper, WXT’s ecosystem offers diverse utilities for its holders, including trading fee discounts, staking rewards, early access to new projects, and participation in airdrops. Additionally, WEEX has implemented a strategic buyback and burn mechanism, reducing WXT’s circulating supply as part of its ecosystem development strategy. These features position WXT as a multifunctional token that appeals to both active traders and long-term participants within the ecosystem. Exchange Tokens and Their Growing Potential This bull market has further cemented the role of platform tokens as integral components of exchange ecosystems. Platform tokens have shown their ability to enhance user engagement by offering features such as fee adjustments and access to platform-specific benefits. As WXT gains momentum, how will it evolve within the ecosystem and shape its role in the platform token landscape? While its recent performance is promising, only time will tell if WXT can achieve the same level of success as its peers. About WEEX Founded in 2018, WEEX Exchange swiftly rose to prominence as a key global player in the cryptocurrency sphere. Boasting a diverse selection of over 1,000 trading pairs and spearheading a zero trading fee initiative for new token introductions, WEEX Exchange has earned widespread recognition throughout the industry. Introducing “WEEX WE-Launch,” a portal to exciting opportunities that empower users to acquire WXT tokens and engage in exclusive token giveaways, signaling a new chapter of participation and empowerment. With an active user base exceeding 5 million, WEEX Exchange has solidified its standing as a top 5 platform on CoinMarketCap, underscoring its unwavering commitment to excellence. For more information: <ul type="disc"> <li>Website: <a href="https://www.weex.com/" rel="nofollow noopener" target="_blank">WEEX Exchange</a></li> </ul> Photo – <a href="https://mma.prnewswire.com/media/2596537/All_Time_High_Price_Change.jpg" rel="nofollow noopener" target="_blank">https://mma.prnewswire.com/media/2596537/All_Time_High_Price_Change.jpg</a> <img loading="lazy" decoding="async" alt="Cision" height="12" src="https://c212.net/c/img/favicon.png?sn=EN94666&sd=2025-01-13" title="Cision" width="12"></img> View original content:<a href="https://www.prnewswire.co.uk/news-releases/wxt-surged-101-in-24-hours-and-the-price-exceeded-0-339-why-can-wxt-go-to-the-moon-302349299.html" id="PRNURL" rel="nofollow noopener" target="_blank">https://www.prnewswire.co.uk/news-releases/wxt-surged-101-in-24-hours-and-the-price-exceeded-0-339-why-can-wxt-go-to-the-moon-302349299.html</a> <img decoding="async" alt="" src="https://rt.prnewswire.com/rt.gif?NewsItemId=EN94666&Transmission_Id=202501130846PR_NEWS_EURO_ND__EN94666&DateId=20250113" style="border:0px;width:1px;height:1px"></img> Featured Image: Pexels @ olya kobruseva <a href="https://miningnewsdaily.com/disclaimer/" target="_blank" rel="noopener">Disclaimer</a>
Bitcoin Price Analysis: A Massive Move Is Brewing—Breakout or Breakdown Ahead?

Wed, 05 Feb 2025 15:24:26 -0000

Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach. Bitcoin Bitcoin‘s daily price action paints a tempestuous […]
Bitdeer Acquires $21 Million Site for Bitcoin Mining Power Plant in Canada

Wed, 05 Feb 2025 14:46:03 -0000

Bitcoin mining firm Bitdeer has acquired a 101-megawatt permitted site in Alberta for $21.7 million to build a bitcoin mining data center. Bitdeer to Build Power Plant for Bitcoin Mining Bitdeer, a bitcoin mining company has taken a major step toward becoming a fully integrated mining operation with the $21.7 million acquisition of land and […]
XRP Ledger Experiences Temporary Halt, Recovers Without Losses

Wed, 05 Feb 2025 13:30:35 -0000

Ripple’s XRP Ledger (XRPL) temporarily halted block production for about an hour on Tuesday due to a possible network drift. The network has since fully recovered, with no loss of assets or transactions reported. XRP Ledger Experiences Unusual Halt in Block Production Ripple’s XRP Ledger, one of the longest-running blockchain networks, experienced a rare disruption […]
QCP Capital: Crypto Markets Face Volatility Amid Geopolitical Uncertainty

Wed, 05 Feb 2025 12:30:49 -0000

According to an analysis by QCP Capital, crypto markets remain turbulent as traders evaluate unfolding geopolitical events and macroeconomic influences. QCP Analysts Remain Cautious About Negative Geopolitical Shocks From U.S.-China Tensions QCP Capital notes that traditional financial markets continue to experience erratic trading, with the S&P 500 laboring to sustain the crucial 6,000 mark. This […]
Ether ETFs Secure Four Days of Consecutive Gains With Inflow of $308 Million As Bitcoin ETFs Rebound With $341 Million Inflow

Wed, 05 Feb 2025 11:30:07 -0000

Ether and bitcoin ETFs enjoyed significant inflows on Tuesday, Feb. 4, as market momentum continues to pick up after a volatile start to the week. Investors Pile on Ether ETFs As Total Net Assets Cross $10 Billion Ether exchange-traded funds (ETFs) crossed $10 billion in total net assets after attracting $308 million in inflows on […]
Lightchain AI Testnet Launches, Raising $15M—One Presale Stage Left

Wed, 05 Feb 2025 09:00:24 -0000

PRESS RELEASE. The blockchain world is buzzing, and for good reason—Lightchain AI has officially launched its testnet, already securing over $15 million in funding! Combining the unmatched potential of blockchain and AI, Lightchain AI is charting a bold, innovative course for decentralized technology. If you’re a cryptocurrency enthusiast, a tech-savvy investor, or a developer on […]
Bitcoin Depot Expands Bitcoin Treasury With $5 Million Purchase

Wed, 05 Feb 2025 04:30:19 -0000

As one of the largest Bitcoin ATM operators in North America, Bitcoin Depot has added 51 BTC to its treasury holdings, bringing its total to 71.5 BTC. $5 Million Purchase Reinforces Bitcoin Depot’s Belief in Bitcoin Long Term Potential Bitcoin Depot has strengthened its bitcoin treasury strategy with a $5 million BTC purchase, reflecting its […]
Iran Backs Unified BRICS Currency—With a Focus on National Interests

Wed, 05 Feb 2025 03:30:05 -0000

Iran supports a unified BRICS currency if all members agree, signaling a shift toward economic cooperation as the bloc explores alternatives to reliance on the U.S. dollar. Iran Supports Unified BRICS Currency Amid Global Tensions Iran has expressed willingness to support the creation of a unified BRICS currency, provided that all member nations reach a […]
Coinbase Secures UK Approval, Unlocking Ambitious Expansion Plans for Mass Adoption

Wed, 05 Feb 2025 02:30:17 -0000

Coinbase has secured UK regulatory approval, cementing its dominance as the country’s largest registered digital asset provider and accelerating its global expansion in crypto and fiat services. Crypto Giant Coinbase Gets FCA Approval Cryptocurrency exchange Coinbase (Nasdaq: COIN) announced on Feb. 3 that it has secured its virtual asset service provider (VASP) registration in the […]
Binance CEO’s Advice: 3 Tips to Handle Crypto’s Sudden Downturn

Wed, 05 Feb 2025 01:30:19 -0000

Binance CEO has revealed three crucial survival tips for investors as the crypto market swings wildly—insights that could make the difference between panic and profit. Massive Crypto Sell-Off? Binance CEO’s 3 Survival Tips for Investors Binance CEO Richard Teng addressed investor concerns over recent market volatility in a Feb. 3 post on social media platform […]